MORDEN COLLEGE
Financial health, per its FY2025 accounts
The accounts state that the Charity reported a net surplus of £3.6 million for the year ended 31 March 2025, with total income of £16.1 million and total expenditure of £15.1 million. Per the trustees' report, unrestricted reserves and cash equivalents provide more than 12 months of operating costs, and the Trustees have assessed that there are no material uncertainties regarding the Charity's ability to continue as a going concern.
What the accounts disclose
“Trustees’ target is to keep this combined balance at a minimum of 6 months of expenditure”
Leadership, per the charity’s website
- Meryl Davies — Chief Executive Officer
- Ed Mileham — Director of Real Estate
- Alex Russell — Chaplain
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Cullum Welch Court Care Home: Requires improvement
- Morden College: Requires improvement
Trustees
- Sir David Hugh Woottonchair
- Alastair King
- Alderman Alastair King
- Alderman Alison Gowman
- Alderman Alison Gowman CBE
- Alderman Christopher Makin
- Alderman Gregory Jones KC
- Alderman Professor Michael Mainelli
- Alderman Robert Hughes-Penney
- Alderman Timothy Hailes
- Fredrik Widlund
- Professor Gillian Manthorpe
- Professor Sube Banerjee MBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £16.1m | £15.1m |
| 31/03/2024 | £16.7m | £15.7m |
| 31/03/2023 | £15.7m | £15.2m |
| 31/03/2022 | £15.1m | £14.9m |
| 31/03/2021 | £14.9m | £15.1m |
Common questions
Is MORDEN COLLEGE financially healthy?
The accounts state that the Charity reported a net surplus of £3.6 million for the year ended 31 March 2025, with total income of £16.1 million and total expenditure of £15.1 million. Per the trustees' report, unrestricted reserves and cash equivalents provide more than 12 months of operating costs, and the Trustees have assessed that there are no material uncertainties regarding the Charity's ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |