Northeastern University - London
Registered charity 1189858 · accounts filings on the Charity Commission register · also known as NCH AT NORTHEASTERN LIMITED, NEW COLLEGE OF THE HUMANITIES
Provision of Higher Education
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total income of £108.1m and a surplus of £30.8m for the year ended 30 June 2025. However, the unrestricted general reserves are negative at £18.1m, which is £33.1m below the lower end of the stated target range of £15m to £25m. Per the trustees' report, the charity remains reliant on continued grant support from its parent entity, Northeastern University, to meet its working capital requirements until it achieves financial self-sufficiency.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £36.1m; policy: £15m and £25m)
“the general reserve position after these adjustments is £(18.1)m (2024 (£8.8m)), £33.1m short of the lower range in our target.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees have a reasonable expectation that the University has sufficient resources and support from its parent, Northeastern University in Boston to continue in operational existence for the foreseeable future and it remains appropriate to prepare their financial statements on a going concern basis.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: R Farquharson (Trustee and CEO) received a basic salary of £250,255 including a bonus of £42,291.
“In accordance with the Articles of Association, the CEO (Head of the Provider for the whole year) R Farquharson, received a basic salary of £250,255 during the year (including a bonus of £42,291)” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Parent company grants and intercompany transactions
“The University received £93.9m from its parent company during 24/25. £50.9m for UG mobility provision, £2.8m for Research Grants, £7m working Capital Grant, £32m Capital Grant and £1.2m for other services.” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Public-sector contracts awarded
From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.
UK research funding (UKRI Gateway to Research)
Property (HM Land Registry)
6 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook (10,291 likes) · instagram (15K followers)
Advertised salaries (public job ads)
Roles this charity has advertised on CharityJob, matched on the exact employer name. A different source from the statutory pay bands above: these are asking salaries for vacancies, not what anyone was paid.
Structured financials (annual return, FY ending 30/06/2025)
Reserves (reported)
£36.1m
Reported reserves equal ~5.6 months of spending — above the median for charities its size (median 2.7 months; benchmarks).
Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).
Register events
- Received assets from another charity (10/02/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Chong Kim-Wong
- Diane MacGillivray
- Julietta Dexter · trustee of 1 other charity
- Professor Ken Henderson
- Richard Peers
- Rob Farquharson
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is Northeastern University - London financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total income of £108.1m and a surplus of £30.8m for the year ended 30 June 2025. However, the unrestricted general reserves are negative at £18.1m, which is £33.1m below the lower end of the stated target range of £15m to £25m. Per the trustees' report, the charity remains reliant on continued grant support from its parent entity, Northeastern University, to meet its working capital requirements until it achieves financial self-sufficiency. Its FY2025 accounts were audited by Crowe U.K. LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE NORWEGIAN SCHOOL IN LONDON LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.