JISC
Financial health, per its FY2025 accounts
The accounts state that the group reported a net expenditure of £5.7m for the year, resulting in total net assets of £133.8m. The trustees confirm that unrestricted free reserves of £73.8m are sufficient to cover 5.3 months of normal operating costs, which exceeds the stated policy target of three months. The organization maintains a strong balance sheet with significant investment holdings and adequate cash resources to continue in operation.
What the accounts disclose
“our policy is to have three months cover of normal operating costs.” — page 18
“In the current year income from related parties derived from licencing and reselling (£6,175k) subscriptions (979k) and other services (£527k). Expenditure from related parties derived from trust and identity £22k, connectivity £20k and other services £13k.” — page 85
“Jisc Services Limited (JSL) is an active wholly owned subsidiary company in the group, along with Jisc International Apac Pte Ltd”
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (28/03/2025)
- Received assets from another charity (19/03/2024)
- Received assets from another charity (16/03/2023)
Trustees
- Professor Paul Joseph Boylechair
- Christian Richard Spencer Turpin
- David James Wilson Chalmers
- Dr David John Ashton
- Fiona Salzen
- Heidi Michele Fraser-Krauss
- Karen Anna Spencer
- Professor Andrew Charles Collop
- Professor Helen Mary O'Sullivan-Heritage
- Professor Koenradd Lamberts
- Professor Raheel Nawaz
- Professor Sir Christopher Roy Husbands
- Simon Ronald Bolton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £150.7m | £165.3m |
| 31/07/2024 | £148.7m | £133.2m |
| 31/07/2023 | £145.9m | £148.4m |
| 31/07/2022 | £129.5m | £139.8m |
| 31/07/2021 | £195.8m | £197.5m |
Common questions
Is JISC financially healthy?
The accounts state that the group reported a net expenditure of £5.7m for the year, resulting in total net assets of £133.8m. The trustees confirm that unrestricted free reserves of £73.8m are sufficient to cover 5.3 months of normal operating costs, which exceeds the stated policy target of three months. The organization maintains a strong balance sheet with significant investment holdings and adequate cash resources to continue in operation. Its FY2025 accounts were audited by Grant Thornton UK LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| SCHREIBER CHARITABLE TRUST | 1 | £388k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| OLLINGHAM LIMITED | 1 | £100k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| JOFFE CHARITABLE TRUST CIO | 1 | £95k |
| DONATING CHARITY LIMITED | 1 | £82k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |