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ST. CLARE'S, OXFORD

Registered charity 294085 · accounts filings on the Charity Commission register · also known as ST CLARE'S, ST CLARE'S OXFORD · listed website unreachable when last crawled

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Latest income
£17.9m
Latest spending
£17.9m
Registered
1987
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity posted a £925k annual deficit for the year ended 31 August 2024, with total income rising to £16.5m but costs increasing to £17.4m due to high inflation. Per the trustees' report, unrestricted funds stood at £35.5m, but after adjusting for functional fixed assets, the charity has no free reserves as defined by the Charities SORP, though it aims to build reserves to cover three months of operating expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the going concern basis.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“At 31 August 2024 the College’s total unrestricted funds stood at £35,482K (2023: £36,407K) and after adjusting for unrestricted functional fixed assets for the charity’s own use, the College has no free reserves (as defined by the Charities SORP).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with Governors or other connected persons during the year are set out in note 20 to the financial statements
“During the year St. Clare’s had transactions with its wholly owned subsidiary St Clare’s Services Limited totalling £nil (2023: £nil). At year end the balance outstanding was a debtor of £3,832 (2023: £3,823). Expenses reimbursed to Governors during the year, amounting to £2,713 (2023: £nil) in respect of travel and subsistence.” — page 41
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£17.9m
Total spending
£17.9m
Cost of raising funds
£186k
Reserves (reported)
£35.5m
Employees
216

Reported reserves equal ~23.8 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Oxfordshire

Income and spending

Financial year endIncomeSpending
31/08/2025£17.9m£17.9m
31/08/2024£16.5m£17.4m
31/08/2023£13.9m£15.2m
31/08/2022£14.0m£13.4m
31/08/2021£11.5m£11.5m

Common questions

Is ST. CLARE'S, OXFORD financially healthy?

The accounts state that the charity posted a £925k annual deficit for the year ended 31 August 2024, with total income rising to £16.5m but costs increasing to £17.4m due to high inflation. Per the trustees' report, unrestricted funds stood at £35.5m, but after adjusting for functional fixed assets, the charity has no free reserves as defined by the Charities SORP, though it aims to build reserves to cover three months of operating expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the going concern basis. Its FY2024 accounts were audited by Crowe U.K. LLP.