UNIVERSITY COLLEGE DURHAM TRUST
The Charity carries out its objects by providing grants to support University College in the University of Durham.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £1,746,238 from £1,874,769 in the prior year, resulting in a net movement in funds of a loss of £128,531. The trustees report that unrestricted reserves stand at £1,656,495, which remains below their stated policy target of £4m. The charity relies on donations and investment income to fund its charitable activities and grant-making.
What the accounts disclose
“The Trustees’ policy is for reserves to reach £4m over the medium term.” — page 5
“two trustees (2024: two) received total reimbursements of £nil (2024: £971). This relates to the reimbursement of insurance and legally required registration costs totalling £971 (2024: £971). There were no other related party transactions not already disclosed in these accounts.”
Trustees
- Alexander John Nelson
- Andrew James Molloy
- JAMES DAVID ROWLEY
- Jennifer Dell
- KEVIN MICHAEL HAWES
- MATTHEW JOHN MANEELY
- Mark Bulsing
- Oliver Lendrum
- Professor Wendy Powers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £88k | £145k |
| 05/04/2024 | £131k | £80k |
| 05/04/2023 | £363k | £102k |
| 05/04/2022 | £45k | £50k |
| 05/04/2021 | £39k | £45k |
Common questions
Is UNIVERSITY COLLEGE DURHAM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased to £1,746,238 from £1,874,769 in the prior year, resulting in a net movement in funds of a loss of £128,531. The trustees report that unrestricted reserves stand at £1,656,495, which remains below their stated policy target of £4m. The charity relies on donations and investment income to fund its charitable activities and grant-making. Its FY2025 accounts were independently examined.