CHELTENHAM LADIES COLLEGE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated net income of £1.7m for the year ended 31st July 2025, which included investment gains; excluding these, the group net income was a deficit of £0.6m. The charity holds total reserves of £73.4m, comprising £3.7m in free reserves, and maintains healthy cashflow to support its strategic aims and mitigate financial risks.
What the accounts disclose
“Council’s policy regarding reserves is to build reserves within the confines of ensuring College’s buildings are well maintained and ensuring College has sufficient financial resources to finance its activities.”
“During the year College awarded £38k (2024: £38k) to Guild so that it can continue its operations. College incurred expenditure of £1.2k (2024: £1.6k) which was recharged to Guild. During the year Guild donated £0.5k (2024: £0.5k) to College as an unrestricted donation. There was £0.4k due to College from Guild at College’s year end (2024: £0.8k).”
“During the year College received £29k (2024: £10k) in unrestricted and restricted donations from Friends of CLC in Hong Kong and College donated £3k to Friends of CLC in Hong Kong Limited (2024: £3k).”
“During the year College awarded £38k (2024: £38k) to Guild so that it can continue its operations. College incurred expenditure of £1.2k (2024: £1.6k) which was recharged to Guild. During the year Guild donated £0.5k (2024: £0.5k) to College as an unrestricted donation. There was £0.4k due to College from Guild at College’s year end (2024: £0.8k).”
“During the year College received £29k (2024: £10k) in unrestricted and restricted donations from Friends of CLC in Hong Kong and College donated £3k to Friends of CLC in Hong Kong Limited (2024: £3k).”
“College has two wholly owned trading subsidiaries. CLC Services Limited has carried out the trading operations of College during the year. CLC Developments (Cheltenham) Limited has not traded since incorporation.” — page 9
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Cathryn Merryl Websterchair
- Antoinette Mary Trevail Wilson
- Cleo Yeung Sham
- DAVID MURDOCH FOTHERINGHAM
- Emma Pearson
- Eur Ing Graham Kenneth Hill
- Fahad Shahid Sayood
- Gordon Richard Guy Willoughby
- Jonathan Briant
- Katharine Juliet Simpson
- Lisa Jane Norcross
- Roger Michael Denny
- Sally Carol Lancashire
- Sue Cattermole
- Warren Lee D'Alton Honey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £43.5m | £42.1m |
| 31/07/2024 | £42.5m | £40.7m |
| 31/07/2023 | £39.7m | £37.3m |
| 31/07/2022 | £37.2m | £32.9m |
| 31/07/2021 | £31.0m | £31.6m |
Common questions
Is CHELTENHAM LADIES COLLEGE financially healthy?
The accounts state that the charity reported a consolidated net income of £1.7m for the year ended 31st July 2025, which included investment gains; excluding these, the group net income was a deficit of £0.6m. The charity holds total reserves of £73.4m, comprising £3.7m in free reserves, and maintains healthy cashflow to support its strategic aims and mitigate financial risks. Its FY2025 accounts were audited by Crowe U.K. LLP.