WORKING MEN'S COLLEGE CORPORATION

Registered charity 312803 · accounts filings on the Charity Commission register · also known as WMC

To provide diverse, enriching and enjoyable lifelong learning, including skills for work, in a supportive environment for adults in Camden and the local area.To provide an inclusive learning environment with all the support necessary to promote equality and diversity, freedom of expression and social responsibility

Causes: Education/training · website · Get email alerts

Latest income
£7.6m
Latest spending
£7.8m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the College reported an operating deficit of £189k for the year ended 31 July 2025, primarily due to restructuring costs, resulting in a total comprehensive surplus of £456k after investment gains. Per the trustees' report, the College holds liquid expendable reserves of approximately £4.4m and maintains a robust financial position despite sector-wide funding pressures. The College's indicative financial health score is 160, graded as 'Requires Improvement', though governors remain confident in the underlying robustness of the institution.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 12
“There were no other staff, other than those included in key management personnel, who received annual emoluments exceeding £60,000 during the year (2024: none).” — page 56
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Funding body grants (85% of income)
“In 2024/25, 85% of the College’s income was publicly funded.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public fundraising profile: JustGiving — WMCollege (matched by registered charity number).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£7.6m
Total spending
£7.8m
Reserves (reported)
£11.0m
Employees
219

Reported reserves equal ~17.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/07/2025£7.6m£7.8m
31/07/2024£7.2m£7.3m
31/07/2023£7.0m£7.1m
31/07/2022£6.1m£6.3m
31/07/2021£5.6m£5.7m

Common questions

Is WORKING MEN'S COLLEGE CORPORATION financially healthy?

Per its FY2025 accounts: The accounts state that the College reported an operating deficit of £189k for the year ended 31 July 2025, primarily due to restructuring costs, resulting in a total comprehensive surplus of £456k after investment gains. Per the trustees' report, the College holds liquid expendable reserves of approximately £4.4m and maintains a robust financial position despite sector-wide funding pressures. The College's indicative financial health score is 160, graded as 'Requires Improvement', though governors remain confident in the underlying robustness of the institution. Its FY2025 accounts were audited by Buzzacott Audit LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Greater London Authority05/07/2024£374kWM College Multiply Grant 2022-23
Greater London Authority05/07/2024£280kWM College Multiply Grant 2023-2024
Greater London Authority05/07/2024£187kWorking Men's College Multiply Grant 2024-25
Greater London Authority10/06/2024£5.1mWMCollege ASF Grant 2024-25
Greater London Authority24/04/2024£5.2mWM College AEB Grant 2023-24
Camden Giving08/11/2022£2kWorking Men’s College

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with FIRCROFT COLLEGE OF ADULT EDUCATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORKING MEN'S COLLEGE CORPORATION£7.6m—12unclear—no doubt
FIRCROFT COLLEGE OF ADULT EDUCATION FY2025£3.0m——unclear—no doubt
THE MASTER FELLOWS AND SCHOLARS OF EMMANUEL COLLEGE IN THE UNIVERSITY OF CAMBRIDGE FY2025£22.9mover £105,0003unclear—no doubt
MORLEY COLLEGE LIMITED FY2025£24.2m——unclear—no doubt
THE CITY LITERARY INSTITUTE FY2025£21.3m——unclear—no doubt
DERWEN COLLEGE FY2024£14.5m——below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.