Finance Score: -1
Governance Score: 8
Support Score: 3
  • Poor Liquidity: -1
  • Good Reserves: +1Pension deficit: -1
  • Strong growth: +2
  • Multiple Deficits: -2
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +3
Overall GiG Score: 10 ?

MORLEY COLLEGE LIMITED 

The provision of education for adults.
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 17 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
  • There is a pension deficit of £3,722,000
  • On several occasions in recent years income has been less than spending
Established: 31 years

www.morleycollege.ac.uk

Martin.McNeill@morleycollege.ac.uk

02074501848

Charity Commission for England and WalesCompanies House
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/07/22£21,009£24,407£-3,398£0£43,978£43,81821.584748
31/07/21*£18,906£23,643£-4,737£0£32,051£31,89116.27802
31/07/20£38,630£19,046£19,584£0£34,300£34,14021.568723
31/07/19£11,428£12,402£-974£0£11,580£11,4201153326
31/07/18£11,027£11,722£-695£0£12,990£12,83813.151853
31/07/17£10,377£10,631£-254£0£12,359£12,20013.84750
31/07/16£10,052£10,048£4£0£11,715£11,52713.84310
31/07/15£10,329£10,316£13£32£167£-54-0.11680
31/07/14£9,481£9,828£-347£31£546£3670.41400
31/07/13*£9,145£9,373£-228£39£2,298£2,2012.81550
31/07/12£8,927£8,866£61£35£1,713£1,6022.21220
31/07/11£8,406£8,410£-4£38£2,556£2,4833.51150
31/07/10£7,554£7,532£22£37£2,449£2,3663.81640
31/07/09£7,606£7,591£15£44£2,247£2,1643.41750
31/07/08£7,311£6,865£446£35£3,145£3,1155.41680
31/07/07£7,048£7,320£-272£31£3,194£3,1655.21840
31/07/06£7,121£7,150£-29£0£0£0n/a00
31/07/05*£6,952£6,926£26£0£0£0n/a00
31/07/04*£6,878£6,409£469£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 11%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 21.5 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.4
Asset Split ?
Listed activities
  • Education/Training
How it operates
  • Provides services
Where it operates
  • Throughout London,
Who it helps
  • The General Public/Mankind
Who works here?
  • 847 employees
  • 48 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Department for Education - T - Level Capital
£594,934 01/04/2020
Capital funding to improve facilities for the delivery of T-Levels, for specialist equipment and/or improving builds and facilities.
Walcot Foundation - Parent Champion Volunteers
£52,250 19/11/2013
Parent Champion Volunteers
National Lottery Community Fund - Trashcatchers Ball at Morley
£10,000 27/03/2013
12
This is a project by a charity in Lambeth. The group will use the funding to team up with volunteers and artists and deliver workshops on environmental issues surrounding waste and consumerism. This ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (17)
Current Trustees appointed
Gender Split

Age Range of Trustees: 29-77
  • GAIL LE COZ Appointed: 2020, Occupation: Managing Director
Legal constitution
  • Charitable company registered in England & Wales on 08/07/1993, number: 1023523
  • Registered at Companies House on 18/06/1993, number: 02829836
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Ofsted (Office For Standards In Education)
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR21: 9 days late, AR13: 2 days late, AR05: 16 days late, AR04: 3 days late,
Main office

MORLEY COLLEGE LTD
61 WESTMINSTER BRIDGE ROAD
LONDON
SE1 7HT

Objectives

TO ADVANCE FOR THE PUBLIC BENEFIT EDUCATION BY THE PROVISION TO PERSONS (STUDENTS) OF COURSES AND SUCH OTHER EDUCATIONAL FACILITIES AND SERVICES AS SHALL BE DETERMINED BY THE GOVERNING BODY OF THE COLLEGE TO MEET THE NEEDS OF ITS STUDENTS.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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