GREY COLLEGE JUNIOR COMMON ROOM
GREY COLLEGE JUNIOR COMMON ROOM IS A STUDENTS' UNION WITHIN THE MEANING OF THE EDUCATION ACT 1994. THE UNION'S OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT GREY COLLEGE FOR THE PUBLIC BENEFIT.
Objects
4. OBJECTSTHE CIO'S OBJECTS ARE THE ADVANCEMENT OF EDUCATION OF STUDENTS AT GREY COLLEGE FOR THE PUBLIC BENEFIT BY:4.1 PROMOTING THE INTERESTS AND WELFARE OF STUDENTS AT GREY COLLEGE DURING THEIR COURSE OF STUDY AND REPRESENTING, SUPPORTING AND ADVISING STUDENTS;4.2 BEING THE RECOGNISED REPRESENTATIVE CHANNEL BETWEEN STUDENTS AND GREY COLLEGE AND ANY OTHER EXTERNAL BODIES; 4.3 PROVIDING SOCIAL, CULTURAL, SPORTING AND RECREATIONAL ACTIVITIES AND FORUMS FOR DISCUSSIONS AND DEBATE FOR THE PERSONAL DEVELOPMENT OF ITS STUDENTS; AND4.4 RAISING FUNDS FOR SUCH PURPOSES AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES AND TO MAKE GRANTS AND DONATIONS OF SUCH FUNDS TO SUCH CHARITIES OR TO APPLY SUCH FUNDS DIRECTLY FOR SUCH EXCLUSIVELY CHARITABLE PURPOSES.
Financial health, per its FY2024 accounts
The accounts state that total funds at the end of the period were £242,780, which exceeds the trustees' stated reserves policy target of £100,000. The charity reported a net income surplus of £242,780 for the period, driven by increased membership income and investment gains, while maintaining unrestricted funds to support future capital projects.
What the accounts disclose
“the JCR maintained a reserves policy to hold £100,000 as reserves to ensure continued financial security and to provide for contingencies.” — page 5
“The University collects the JCR Membership fees and Freshers' Week charge and passes those amounts on to the JCR periodically. At 31 December 2024 the JCR was owed £nil in that regard.” — page 13
“At 31 December 2024 Grey College owed the JCR £725 relating to expenses incurred by the latter on behalf of the former.”
“The University collects the JCR Membership fees and Freshers' Week charge and passes those amounts on to the JCR periodically. At 31 December 2024 the JCR was owed £nil in that regard.” — page 13
“At 31 December 2024 Grey College owed the JCR £725 relating to expenses incurred by the latter on behalf of the former.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (10/12/2024)
Trustees
- Linda Suyin Leaneychair
- Andrew James Lucas
- Christopher Norman
- Ishwari Ramsaha
- James Robert Mackinnon
- Katie McGrory
- Lucy Smith
- Michael James Cannon
- Sam Hartley
- Stephen John Yarwood
- Stephen Salam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £486k | £258k |
Common questions
Is GREY COLLEGE JUNIOR COMMON ROOM financially healthy?
Per its FY2024 accounts: The accounts state that total funds at the end of the period were £242,780, which exceeds the trustees' stated reserves policy target of £100,000. The charity reported a net income surplus of £242,780 for the period, driven by increased membership income and investment gains, while maintaining unrestricted funds to support future capital projects. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH UNIVERSITIES AND COLLEGES SPORT LIMITED | 1 | £296 |
Charities like this
- HATFIELD COLLEGE JUNIOR COMMON ROOM CHARITABLE INCORPORATED ORGANISATION
- GREENWICH STUDENTS UNION LTD
- ST JOHN'S COMMON ROOM
- GREYGARTH ASSOCIATION
- THE GRAY'S INN SCHOLARSHIPS TRUST
- HONOURABLE SOCIETY OF GRAY'S INN TRUST FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GREY COLLEGE JUNIOR COMMON ROOM | £486k | — | 0 | unclear | — | no doubt |
| HATFIELD COLLEGE JUNIOR COMMON ROOM CHARITABLE INCORPORATED ORGANISATION | £196k | — | 0 | unclear | — | no doubt |
| GREENWICH STUDENTS UNION LTD | £4.4m | £70,001 - £80,000 | 2 | below | — | no doubt |
| ST JOHN'S COMMON ROOM | £130k | — | 0 | unclear | — | no doubt |
| GREYGARTH ASSOCIATION | £428k | — | 0 | below | — | no doubt |
| THE GRAY'S INN SCHOLARSHIPS TRUST | £788k | — | 0 | above | — | no doubt |