THE PRINCIPAL AND FELLOWS OF SOMERVILLE COLLEGE

Charity number: 1139440
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To provide for members of the University of Oxford the protection and training of an academic house.

Income and expenditure

Data for financial year ending 31 July 2024

Total income:
£17,555,393

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Donations and legacies £5.08m
Charitable activities £7.68m
Other trading activities £1.33m
Investments £3.20m
Other £270.96k

Total expenditure:
£15,663,218

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Raising funds £1.15m
Charitable activities £14.51m
Other £0

£8,150,449 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £1.15m
Charitable expenditure £14.51m
Retained for future use £1.89m

People

286 Employee(s)

43 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£80k to £90k 1
£100k to £110k 1
£110k to £120k 1
£130k to £140k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Oxfordshire

Governance

Registration history:
  • 22 December 2010: Standard registration
Organisation type:
Other
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

43 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Anastasia Ignatieva Trustee 04 December 2024
None on record
Dr Thaddeus Komacek Trustee 16 October 2024
None on record
Colin Phillips Trustee 01 January 2024
THE 1876 TRUST
Received: On time
Sarah Butler Trustee 01 October 2023
None on record
Dr Markos Koumaditis Trustee 01 March 2023
None on record
Professor Emily Flashman Trustee 02 October 2022
None on record
Konstantina Vogiatzaki Trustee 01 September 2022
None on record
Iyiola Solanke Trustee 01 August 2022
None on record
Professor Robin Klemm Trustee 01 August 2020
None on record
Professor Michelle Jackson Trustee 01 August 2020
None on record
Professor Owens Patricia Trustee 01 August 2020
None on record
Professor Prateek Agrawal Trustee 01 August 2020
None on record
Dr Faridah Zaman Trustee 01 October 2018
None on record
Dr Samantha Dieckmann Trustee 01 October 2018
None on record
Professor Elena Seiradake Trustee 01 October 2017
None on record
Baroness Janet Royall Trustee 01 October 2017
FULL FACT
Received: On time
Professor Renaud Lambiotte Trustee 01 October 2017
None on record
Professor Louise Mycock Trustee 01 August 2017
None on record
Dr Francesca Southerden Trustee 01 August 2016
None on record
Professor Damian Tyler Trustee 01 October 2015
None on record
Sara Kalim Trustee 01 October 2014
None on record
Professor Dan Ciubotaru Trustee 01 September 2014
None on record
Charlotte Potts Trustee 01 April 2014
None on record
Professor Karen Nielsen Trustee 02 July 2013
None on record
ANDREW PARKER Trustee 02 January 2013
THE MARGARET THATCHER SCHOLARSHIP TRUST
Received: On time
Professor Christopher Hare Trustee 01 October 2012
None on record
Dr Steve Rayner Trustee 04 July 2011
UNIVERSIFY EDUCATION
Received: On time
Professor Almut Suerbaum Trustee
THE MARGARET THATCHER SCHOLARSHIP TRUST
Received: On time
ANNIE SUTHERLAND Trustee
None on record
Dr PHILIP WEST Trustee
None on record
Dr DANIEL ANTHONY Trustee
None on record
PROFESSOR STEPHEN ROBERTS Trustee
None on record
Dr JULIE DICKSON Trustee
None on record
Dr MICHAEL HAYWARD Trustee
None on record
PROFESSOR CHARLES SPENCE PHD Trustee
None on record
PROFESSOR FIONA STAFFORD SPARKES FRSE Trustee
None on record
Dr LUKE PITCHER BA MA MST Trustee
None on record
Dr NATALIA MAGDALENA NOWAKOWSKA Trustee
None on record
Dr BEATE DIGNAS Trustee
None on record
Dr BENJAMIN THOMPSON MA PHD Trustee
None on record
Dr SIMON KEMP Trustee
None on record
Dr JONATHAN BURTON Trustee
None on record
PROFESSOR LOIS MCNAY Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Total gross income £11.40m £12.11m £13.60m £16.34m £17.56m
Total expenditure £13.52m £14.25m £17.08m £17.15m £15.66m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £2.13m £2.63m £2.15m £3.30m £5.08m
Income - Other trading activities £289.00k £80.00k £836.00k £1.09m £1.33m
Income - Charitable activities £5.40m £5.41m £6.56m £6.97m £7.68m
Income - Endowments £751.00k £1.75m £588.00k £575.66k £3.03m
Income - Investment £3.91m £3.58m £3.99m £4.92m £3.20m
Income - Other £421.00k £421.00k £63.00k £60.65k £270.96k
Income - Legacies £456.00k £44.00k £683.62k £1.55m £2.05m
Expenditure - Charitable activities £12.44m £13.18m £16.00m £16.07m £14.51m
Expenditure - Raising funds £952.00k £954.00k £917.00k £1.07m £1.15m
Expenditure - Governance £143.00k £223.00k £244.00k £221.47k £246.59k
Expenditure - Grants institution £0 £0 £0 £537 £2.66k
Expenditure - Investment management £191.00k £207.00k £209.00k £201.24k £200.62k
Expenditure - Other £135.00k £119.00k £163.00k £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Own use assets £158.29m £162.91m £160.90m £159.22m £151.23m
Long-term investments £100.96m £111.96m £108.89m £104.67m £120.90m
Other assets £3.02m £2.63m £2.38m £2.87m £3.52m
Defined benefit pension scheme asset or liability -£832.00k -£753.00k -£2.11m -£1.99m £0
Total liabilities £37.64m £38.78m £37.11m £36.90m £37.75m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2024 30 May 2025 On Time
Accounts and TAR 31 July 2024 30 May 2025 On Time Download Open in new window
Annual return 31 July 2023 30 May 2024 On Time
Accounts and TAR 31 July 2023 30 May 2024 On Time Download Open in new window
Annual return 31 July 2022 03 May 2023 On Time
Accounts and TAR 31 July 2022 03 May 2023 On Time Download Open in new window
Annual return 31 July 2021 14 June 2022 14 days late
Accounts and TAR 31 July 2021 14 June 2022 14 days late Download Open in new window
Annual return 31 July 2020 28 May 2021 On Time
Accounts and TAR 31 July 2020 28 May 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CHARTER GRANTED 7 JUNE 1927 AS AMENDED 17 JANUARY 1961 AND 15 JULY 1992

Charitable objects

(1) TO PROVIDE FOR WOMEN AND MEN WHO ARE MEMBERS OF THE UNIVERSITY OF OXFORD THE PROTECTION AND TRAINING OF AN ACADEMIC HOUSE, AND, WITH THAT OBJECT, TO CARRY ON THE WORK OF THE OLD ASSOCIATION WITH SUCH MODIFICATIONS AND CHANGES AS MAY FROM TIME TO TIME APPEAR DESIRABLE. (2) TO DO ALL SUCH OTHER THINGS ARE INCIDENTAL OR CONDUCIVE TO ADVANCING EDUCATION, LEARNING AND RESEARCH IN OXFORD AND ELSEWHERE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

OXFORD AND ELSEWHERE

Contact information

Address:
SOMERVILLE COLLEGE
WOODSTOCK ROAD
OXFORD
OX2 6HD
Phone:
01865270627
Email:
enquiries@some.ox.ac.uk
Website:

www.some.ox.ac.uk Open in new window