UNIVERSITY COLLEGE OF ESTATE MANAGEMENT
Financial health, per its FY2025 accounts
The accounts state that the University achieved a consolidated surplus of £1,866,627 for the year ended 31 July 2025, driven by a 10% increase in income to £24,034,966. Per the trustees' report, total free unrestricted reserves stood at £26,885,551, representing approximately nine months of operating expenditure, which the Trustees consider appropriate and sufficient to maintain uninterrupted operation.
What the accounts disclose
“Trustees consider that general reserves should be held in a range of a minimum of three and a maximum of twelve months’ operating expenditure.”
“The consolidated accounts include the University together with its subsidiary, UCEM Asia Limited, a wholly owned subsidiary incorporated in Hong Kong that supports marketing and teaching in Hong Kong. UCEM Asia Limited received £512,000 grant income from the University, its parent institution (2024: £514,000), which led to a profit of £1,705 (2024: loss £1,126) in the year.” — page 26
“The consolidated accounts include the University together with its subsidiary, UCEM Asia Limited, a wholly owned subsidiary incorporated in Hong Kong that supports marketing and teaching in Hong Kong.” — page 26
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (14/10/2019)
- Received assets from another charity (31/07/2018)
Trustees
- Rosaleen Clare Kerslake BA MBA CBEchair
- Adam Denton
- Ashley Wheaton
- Charlotte Suzanne Thackeray
- Christopher David Costigan
- Dominic James O'Rourke MSc MRICS
- Elizabeth Anne Marr PhD MBA
- Graeme Nicholas Scott ACA
- Jonathan Bruce Hubert
- Jyotveer Gill
- Michelle Amanda Jones BSc PHd
- Nicholas Braisby BA PhD
- Nicholas James Hughes MBA FCIM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £24.0m | £22.4m |
| 31/07/2024 | £21.9m | £20.4m |
| 31/07/2023 | £19.0m | £17.8m |
| 31/07/2022 | £17.1m | £16.0m |
| 31/07/2021 | £16.2m | £15.0m |
Common questions
Is UNIVERSITY COLLEGE OF ESTATE MANAGEMENT financially healthy?
The accounts state that the University achieved a consolidated surplus of £1,866,627 for the year ended 31 July 2025, driven by a 10% increase in income to £24,034,966. Per the trustees' report, total free unrestricted reserves stood at £26,885,551, representing approximately nine months of operating expenditure, which the Trustees consider appropriate and sufficient to maintain uninterrupted operation. Its FY2025 accounts were audited by Forvis Mazars LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 18/09/2018 | £10k | "Celebrating 100 years of the University College of Estate Management: Building Futures 1919 - 2019" |