ST CATHERINE'S COLLEGE IN THE UNIVERSITY OF OXFORD
Financial health, per its FY2025 accounts
The accounts state that free reserves reduced to £3.7m, which is below the stated policy target of approximately £6.0m (six months of cash expenditure). The financial position is significantly impacted by necessary expenditure on the RAAC Roof Replacement Project, with free reserves expected to be drawn down completely to fund the building work before being replenished through fundraising and debt.
What the accounts disclose
“An ideal level of free reserves would be equivalent to 6 months of cash expenditure, about £6.0m for current operational activities (excluding the RAAC).” — page 16
“No trustee receives any remuneration for acting as a trustee. However, those trustees who are also employees of the College receive salaries for their work as employees.” — page 42
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Judith Pamela Kelly CBEchair
- Amir Goharshady
- Anna Fowler
- Carlotta Pavese
- Charlotte Williams
- Dr Amanda Power
- Dr Christoph Haase
- Dr DUNCAN ANDREW ROBERTSON
- Dr James Edward Thomson
- Dr Jessica Mary Goodman
- Dr ROBERT LEESE
- Dr Thomas Adams
- Inge-Marie Rossouw-Smith
- Inken von Borzyskowski
- Nancy Thebaut
- Naomi Freud
- Nomi Dave
- Ole Jensen
- PROFESSOR ADRIAN SMITH
- PROFESSOR ALAIN GORIELY
- PROFESSOR ANDREAS MUENCH
- PROFESSOR ANDREW BUNKER
- PROFESSOR ANDREW DICKINSON
- PROFESSOR ASHOK HANDA
- PROFESSOR BART VAN ES
- PROFESSOR BYRON WALTER BYRNE
- PROFESSOR CHRISTOPH REISINGER
- PROFESSOR DAVID GILLESPIE
- PROFESSOR DAVID WOMERSLEY
- PROFESSOR GAIA SCERIF
- PROFESSOR LOUISE FAWCETT DE POSADA
- PROFESSOR MARC LACKENBY
- PROFESSOR PATRICK GRANT
- PROFESSOR PENELOPE ANN HANDFORD
- PROFESSOR PETER IRELAND
- PROFESSOR RICHARD BAILEY
- PROFESSOR RICHARD BERRY
- PROFESSOR TOMMASO PIZZARI
- PROFESSOR UDO OPPERMANN
- Professor Ben Bollig
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £16.8m | £19.0m |
| 31/07/2024 | £17.7m | £15.9m |
| 31/07/2023 | £18.1m | £13.7m |
| 31/07/2022 | £15.6m | £14.5m |
| 31/07/2021 | £10.3m | £11.1m |
Common questions
Is ST CATHERINE'S COLLEGE IN THE UNIVERSITY OF OXFORD financially healthy?
The accounts state that free reserves reduced to £3.7m, which is below the stated policy target of approximately £6.0m (six months of cash expenditure). The financial position is significantly impacted by necessary expenditure on the RAAC Roof Replacement Project, with free reserves expected to be drawn down completely to fund the building work before being replenished through fundraising and debt. Its FY2025 accounts were audited by Gravita Audit Oxford LLP.