THE NORLAND FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the Group recorded a net increase in funds of £175,286 for the year ended 31 July 2024, with total net assets rising to £7,944,783. Per the trustees' report, the Charity holds sufficient unrestricted and designated reserves to support the College's Student Protection Plan and meet its charitable objectives, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
“Ms R Heald (a director of the college) is married to the Managing Partner of the College’s lead provider of legal services, Veale Wasbrough Vizards LLP. The College received legal services totalling £18,638 (2023: £97,057) during the year.” — page 38
“The Charity has one subsidiary being Norland College Limited (the College).”
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (21/09/2022)
Trustees
- MARTIN COURTENAY CLARKEchair
- CHRISTOPHER PETER HARE
- David Arthur Peck
- Michael Bray
- PETER HOWARD WATKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £6.7m | £6.5m |
| 31/07/2024 | £5.7m | £5.6m |
| 31/07/2023 | £5.9m | £5.9m |
| 31/07/2022 | £5.2m | £4.6m |
| 31/07/2021 | £4.7m | £4.5m |
Common questions
Is THE NORLAND FOUNDATION financially healthy?
The accounts state that the Group recorded a net increase in funds of £175,286 for the year ended 31 July 2024, with total net assets rising to £7,944,783. Per the trustees' report, the Charity holds sufficient unrestricted and designated reserves to support the College's Student Protection Plan and meet its charitable objectives, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2024 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £2.2m |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £456k |
| THE SALO BORDON CHARITABLE TRUST | 1 | £112k |
| REIFER MEMORIAL LIMITED | 1 | £85k |
| CLYDPRIDE LIMITED | 1 | £82k |
| COMET CHARITIES LTD | 1 | £74k |
| MTT FOUNDATION | 1 | £73k |
| CHALFORDS LIMITED | 1 | £61k |