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.
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.”
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.