THE CO-OPERATIVE COLLEGE
The Co-operative College is an educational charity dedicated to the promotion of co-operative values, ideas and principles within co-operatives, communities and society.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £320,407 for the year ended 31 July 2025, driven by a significant shortfall in income following the unilateral termination of a key partnership. The trustees report a material uncertainty regarding the charity's ability to continue as a going concern due to the planned transition to a new operating model and the depletion of endowment funds.
What the accounts disclose
“Learning income decreased by 13.9% in 2024-25 to £187,889” — page 24
“In previous years, the Trustees have determined that the minimum level of unrestricted reserves to be held should be at least three months’ operating expenditure and costs of delivery” — page 27
“However, the Trustees recognise that a material uncertainty exists which may cast significant doubt on the College’s ability to continue as a going concern, arising from the planned transition during the 2025-26 financial year to a new operating model.” — page 48
“Amounts of £nil (2023-24: £nil) and £2,104 (2023-24: £3,251) were receivable from and payable to the Co-operative Heritage Trust for the 12-month period.” — page 63
Register events
- Received assets from another charity (10/08/2015)
Trustees
- Barbara Ann Rainford
- Christopher Robert Jardine
- Daniel John Mark Douglas
- Dr Khadija Ali
- James William Day
- Janet Henshaw
- John Kirkland
- Ruth Teresa Sacks
- Simon Thomson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £265k | £642k |
| 31/07/2024 | £340k | £688k |
| 31/07/2023 | £414k | £678k |
| 31/07/2022 | £303k | £676k |
| 31/07/2021 | £463k | £1.2m |
Common questions
Is THE CO-OPERATIVE COLLEGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £320,407 for the year ended 31 July 2025, driven by a significant shortfall in income following the unilateral termination of a key partnership. The trustees report a material uncertainty regarding the charity's ability to continue as a going concern due to the planned transition to a new operating model and the depletion of endowment funds. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/03/2005 | £50k | "Development of the National Co-operative Archive (NCA) and the Rochdale Pioneers Museum (RPM)" |
| The National Lottery Heritage Fund | 01/12/1998 | £63k | "Stanford Hall Theatre Organ, Loughborough - Restoration" |