WORCESTER COLLEGE, OXFORD

Charity number: 1143479
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity activities are the advancement of education, religion, learning and research, by the provision of a college in the University of Oxford, for the benefit of the public

Income and expenditure

Data for financial year ending 31 July 2023

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.

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:
  • Makes Grants To Individuals
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Oxfordshire

Governance

Registration history:
  • 19 August 2011: Standard registration
  • 05 June 2018: Funds received from 314078 MARRIOTT TRUST
Organisation type:
Other
Other names:
  • PROVOST FELLOWS AND SCHOLARS OF WORCESTER COLLEGE IN THE UNIVERSITY OF OXFORD (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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

47 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
David Isaac Chair 01 July 2021
WORCESTER COLLEGE OXFORD ENDOWMENT TRUST
Received: On time
Weston Booth Struwe Trustee 01 August 2023
None on record
Richard D'Arcy Trustee 01 June 2023
None on record
Viola Kerr Trustee 09 May 2023
None on record
Dr Helen Parish Trustee 09 January 2023
None on record
Dr Leila Ullrich Trustee 01 September 2022
None on record
Ronelle Roth Trustee 01 September 2022
None on record
Simon Boddie Trustee 01 May 2022
None on record
Jennifer Walshe Trustee 01 April 2022
None on record
Michael Huggins Trustee 14 February 2022
None on record
Professor Emmanuel Breuillard Trustee 01 January 2022
None on record
Professor Patricia Clavin Trustee 01 October 2021
None on record
Dr Wouter Mostert Trustee 01 September 2021
None on record
Professor Tsilly Dagan Trustee 01 October 2019
None on record
Mike Mayo Trustee 01 October 2019
None on record
Dr Natalia Waights Hickman Trustee 01 October 2019
None on record
Dr Laura Elizabeth Quick Trustee 01 August 2019
None on record
Dr Leah Caroline Trueblood Trustee 01 August 2019
None on record
Dr Lisa Michelle Wedding Trustee 04 April 2019
None on record
Dr HAUKE KNUD MARQUARDT Trustee 01 April 2018
None on record
Dr ROBERT SMITH Trustee 01 April 2018
None on record
Dr PETA FOWLER Trustee 01 October 2017
None on record
Dr ANDRZEJ STANISLAW MURAWSKI Trustee 01 October 2017
None on record
Dr ALEXANDER STURGIS Trustee 01 October 2017
None on record
Dr ALICE VIOLET Trustee 01 October 2017
None on record
Mark Bainbridge Trustee 31 August 2016
None on record
Andrew Stephen Trustee 01 October 2015
None on record
Dr JAMES EDWARDS Trustee 01 October 2014
None on record
Dr Afifi al-Akiti Trustee 01 October 2013
None on record
Dr JOHN PARRINGTON Trustee 19 August 2011
None on record
Dr DAVID STEINSALTZ Trustee 19 August 2011
None on record
PROFESSOR ANDREAS WILLI KAUFMANN Trustee 19 August 2011
None on record
Professor GRANT RITCHIE Trustee 19 August 2011
None on record
Dr RICHARD EARL Trustee 19 August 2011
None on record
PROFESSOR LAURA ASHE Trustee 19 August 2011
None on record
PROFESSOR DONAL NOLAN Trustee 19 August 2011
THE MODERN LAW REVIEW LIMITED
Received: On time
Dr JOHN SCOTT SCULLION Trustee 19 August 2011
WORCESTER COLLEGE OXFORD ENDOWMENT TRUST
Received: On time
PROFESSOR KIM DORA Trustee 19 August 2011
None on record
Dr CONRAD LEYSER Trustee 19 August 2011
None on record
NIR VULKAN Trustee 19 August 2011
None on record
Dr SIMON GEORGE BROOK COWAN Trustee 19 August 2011
None on record
PROFESSOR ENDRE SULI Trustee 19 August 2011
None on record
PROFESSOR ANDREW JONATHAN CARR Trustee 18 August 2011
NUFFIELD OXFORD HOSPITALS FUND
Received: On time
THE NORMAN COLLISSON FOUNDATION
Received: On time
Professor KATE TUNSTALL Trustee 18 August 2011
None on record
Dr GABRIEL STYLIANIDES Trustee 18 August 2011
None on record
PROFESSOR ROBERT HARRIS Trustee 18 August 2011
None on record
Dr BENJAMIN MORGAN Trustee 18 August 2011
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Total gross income £11.53m £10.38m £12.62m £18.17m £14.72m
Total expenditure £14.68m £12.87m £13.13m £15.12m £13.85m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £361.00k £354.00k N/A N/A
Income - Donations and legacies £10.50m £3.02m £5.46m £9.06m £2.73m
Income - Other trading activities £497.00k £371.00k £13.00k £1.38m £2.84m
Income - Charitable activities £7.49m £5.68m £5.12m £5.94m £7.13m
Income - Endowments £8.58m £775.00k £449.00k £7.12m £46.00k
Income - Investment £1.52m £1.61m £1.66m £1.75m £2.03m
Income - Other £103.00k £475.00k £364.00k £46.00k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £13.91m £12.26m £12.56m £14.39m £13.59m
Expenditure - Raising funds £763.00k £607.00k £541.00k £703.00k £237.00k
Expenditure - Governance £38.00k £21.00k £24.00k £24.00k £25.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £49.00k £43.00k £34.00k £63.00k £0
Expenditure - Other £0 £0 £24.00k £27.00k £20.00k

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.

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Asset / Liability 31/07/2019 31/07/2020 31/07/2021 31/07/2022 31/07/2023
Own use assets £35.79m £39.57m £33.84m £32.95m £33.65m
Long-term investments £44.53m £39.59m £51.57m £51.25m £54.24m
Other assets £14.73m £11.08m £11.90m £17.78m £12.36m
Defined benefit pension scheme asset or liability -£2.35m -£1.58m -£1.54m -£3.48m -£2.50m
Total liabilities £1.94m £1.45m £1.42m £1.42m £2.34m

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 2023 29 May 2024 On Time
Accounts and TAR 31 July 2023 29 May 2024 On Time Download Open in new window
Annual return 31 July 2022 26 May 2023 On Time
Accounts and TAR 31 July 2022 26 May 2023 On Time Download Open in new window
Annual return 31 July 2021 30 May 2022 On Time
Accounts and TAR 31 July 2021 30 May 2022 On Time Download Open in new window
Annual return 31 July 2020 26 March 2021 On Time
Accounts and TAR 31 July 2020 26 March 2021 On Time Download Open in new window
Annual return 31 July 2019 09 January 2020 On Time
Accounts and TAR 31 July 2019 09 January 2020 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
WORCESTER COLLEGE
WALTON STREET
OXFORD
OX1 2HB
Phone:
01865278300