NATIONAL OCEANOGRAPHY CENTRE
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £20,116,000, which is above the stated policy target of £8,000,000 required for operational risk cover. The charity reported a net expenditure of £2,977,000, resulting in a decrease in total reserves, but cash levels remained healthy at £34,850,000.
What the accounts disclose
“The Charity has made use of the exemptions in section 33.1A of FRS 102 and has chosen not to disclose transactions with its wholly owned subsidiary, as these are eliminated on consolidation.” — page 77
“NOCs wholly owned subsidiary, National Oceanography Centre Innovations Limited (‘NOC Innovations’), was established in 2019 as a private limited company.” — page 39
Leadership, per the charity’s website
- Prof. John Siddorn — Chief Executive Officer
- Julie Pringle-Stewart — Chief Operating Officer; Chief Finance Officer
- Prof. Penny Holliday — Chief Scientific Officer
- Dr Jon Blower — Director of Digital Science
- Natalie Campbell — Director of Operations
- Dr Maaten Furlong — Director of Engineering Science
- Huw Gullick — Director of Applied Science
- Joanna Lloyd-Jones — Director of People and Culture
Funders the charity credits
- NERC
- UK Space Agency
- Nippon Foundation of Japan
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- David Jeremy Darrochchair
- Clare Mary Petre Harbord
- David Keith McSweeney
- Dr HOSEIN KHAJEH-HOSSEINY
- John Francis Clarke
- Professor Lisa Maureen Collins
- Rebecca Jane Munro
- Sir MICHAEL DIXON KBE BSC
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £87.9m | £90.9m |
| 30/09/2024 | £86.2m | £81.6m |
| 30/09/2023 | £85.4m | £85.2m |
| 30/09/2022 | £78.7m | £74.1m |
| 30/09/2021 | £67.1m | £66.8m |
Common questions
Is NATIONAL OCEANOGRAPHY CENTRE financially healthy?
The accounts state that unrestricted reserves stood at £20,116,000, which is above the stated policy target of £8,000,000 required for operational risk cover. The charity reported a net expenditure of £2,977,000, resulting in a decrease in total reserves, but cash levels remained healthy at £34,850,000. Its FY2025 accounts were audited by BDO LLP.
Who funds NATIONAL OCEANOGRAPHY CENTRE?
Funders whose own accounts filings name NATIONAL OCEANOGRAPHY CENTRE as a grant recipient include 10 % For The Ocean.
Known funders
| Funder | Year | Amount |
|---|---|---|
| 10 % For The Ocean | FY2022 | £2k |
| 10 % For The Ocean | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PETER DUBENS FAMILY FOUNDATION | 1 | £245k |
| TARA GETTY FOUNDATION | 1 | £166k |
| THE DIXON FOUNDATION | 1 | £65k |
| WHEELER MILL FOUNDATION | 1 | £59k |
| BELRON RONNIE LUBNER CHARITABLE FOUNDATION | 1 | £59k |
| THE RISMAN FOUNDATION | 1 | £50k |
| ANTIPODE FOUNDATION LTD. | 1 | £6k |
| CHAPMAN CHARITABLE TRUST | 1 | £3k |