THE NORTHERN COLLEGE FOR RESIDENTIAL ADULT EDUCATION LIMITED
To advance adult education, particularly by the provision, organisation and arrangement of full-time or part-time courses of study or educational research, whether or not leading to any formal qualifications
Financial health, per its FY2025 accounts
The accounts state that the College generated an operating surplus of £188k and holds unrestricted reserves of £3,649k with no borrowings. However, the trustees report a material uncertainty regarding the College's ability to continue as a going concern due to ongoing merger discussions with Barnsley College which have not yet been formally agreed.
What the accounts disclose
“However, as the College is in the process of merger discussions with Barnsley College, in which due diligence is currently ongoing and the merger is not yet been formally agreed and signed off by the Secretary of State, but the Board has a reasonable expectation that it will go ahead, this creates a material uncertainty that may cast significant doubt on the college’s ability to continue as a going concern.” — page 44
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → material uncertainty (FY2025).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- David Akeroyd
- Laila Lawton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.7m | £4.5m |
| 31/07/2024 | £4.4m | £4.2m |
| 31/07/2023 | £3.8m | £4.2m |
| 31/07/2022 | £3.3m | £5.1m |
| 31/07/2021 | £4.6m | £4.9m |
Common questions
Is THE NORTHERN COLLEGE FOR RESIDENTIAL ADULT EDUCATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the College generated an operating surplus of £188k and holds unrestricted reserves of £3,649k with no borrowings. However, the trustees report a material uncertainty regarding the College's ability to continue as a going concern due to ongoing merger discussions with Barnsley College which have not yet been formally agreed. Its FY2025 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £481k |
| ROYAL FEMALE SCHOOL OF ART FOUNDATION | 1 | £36k |
| THE GEORGE CADBURY TRUST (GEORGE HENRY T AND LAURENCE J CADBURY SECTIONS) | 1 | £15k |
| THE OLDHURST TRUST | 1 | £6k |
| BLOOMSBURY CENTRAL BAPTIST CHURCH | 1 | £4k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £2k |
Charities like this
- NORTHERN BAPTIST COLLEGE LIMITED
- NORTHERN COLLEGE OF ACUPUNCTURE
- MORLEY COLLEGE LIMITED
- FIRCROFT COLLEGE OF ADULT EDUCATION
- THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND
- NORTHERN CONSORTIUM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NORTHERN COLLEGE FOR RESIDENTIAL ADULT EDUCATION LIMITED | £4.7m | — | — | unclear | — | material uncertainty |
| NORTHERN BAPTIST COLLEGE LIMITED | £380k | — | 0 | unclear | — | no doubt |
| NORTHERN COLLEGE OF ACUPUNCTURE | £1.2m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| MORLEY COLLEGE LIMITED | £24.2m | — | — | unclear | — | no doubt |
| FIRCROFT COLLEGE OF ADULT EDUCATION | £3.0m | — | — | unclear | — | no doubt |
| THE ROYAL NORTHERN COLLEGE OF MUSIC ENDOWMENT FUND | £4.0m | — | 0 | unclear | — | no doubt |