CITY COLLEGE PETERBOROUGH FOUNDATION
The charity operates to advance education, advance health, relieve unemployment, relieve poverty and promote the provision of facilities for recreation and other leisure time occupations, promote community participation and to promote social inclusion.
Financial health, per its FY2025 accounts
The accounts state that the financial statements have not been prepared on a going concern basis due to a material uncertainty arising from a significant legal dispute with Peterborough City Council over unpaid rent. Consequently, the charity reported a net movement in funds of a deficit of £258,214 for the year, reducing its total fund balances to £4,297,946.
What the accounts disclose
“This level of reserves was maintained throughout the year.”
“The financial statements have not been prepared on a going concern basis as the Trustees believe that a material uncertainty exists.” — page 12
“I have been unable to satisfy myself that the charity can continue to operate and deliver its' charitable objects given significant legal challenge which it is facing.” — page 6
“During the year rental income of £nil (2024 - £290,100) was receivable from City College Peterborough.” — page 23
“Included in debtors at the year end is £579,900 (2024 - £560,560) due from City College Peterborough. A bad debt provision of £579,900 (2024 - £560,560) has been made against this amount.” — page 23
“During the year rental income of £nil (2024 - £290,100) was receivable from City College Peterborough.” — page 23
“Included in debtors at the year end is £579,900 (2024 - £560,560) due from City College Peterborough. A bad debt provision of £579,900 (2024 - £560,560) has been made against this amount.” — page 23
“During the year rental income of £nil (2024 - £290,100) was receivable from City College Peterborough.” — page 23
“Included in debtors at the year end is £579,900 (2024 - £560,560) due from City College Peterborough. A bad debt provision of £579,900 (2024 - £560,560) has been made against this amount.” — page 23
“I have been unable to satisfy myself that the charity can continue to operate and deliver its' charitable objects given significant legal challenge which it is facing.” — page 6
“The charity had one wholly owned trading subsidiary undertaking, City Culture Peterborough Limited” — page 17
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Ben Stevenson
- Jon Paul Sawyer
- Mark Manjit Sandhu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £165k |
| 31/03/2024 | £291k | £142k |
| 31/03/2023 | £309k | £195k |
| 31/03/2022 | £3.7m | £3.6m |
| 31/03/2021 | £1.5m | £1.5m |
Common questions
Is CITY COLLEGE PETERBOROUGH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the financial statements have not been prepared on a going concern basis due to a material uncertainty arising from a significant legal dispute with Peterborough City Council over unpaid rent. Consequently, the charity reported a net movement in funds of a deficit of £258,214 for the year, reducing its total fund balances to £4,297,946. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 27/04/2011 | £50k | "History's Mirror" |