Finance Score: 1
Governance Score: 5
Support Score: 8
  • Excess reserves: -3
  • Pension deficit: -1
  • Strong growth: +2
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +8
Overall GiG Score: 14 ?

LUCY CAVENDISH COLLEGE IN THE UNIVERSITY OF CAMBRIDGE 

From October 2021 the College will admit talented students from the age of 18 years regardless of gender, particularly from non-traditional backgrounds, to undertake education or research of the highest quality in the University of Cambridge. The College aims to become broadly representative of UK society and to increase the proportion of international students from under-represented backgrounds.
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • One or more trustees receive benefits from the charity
  • There are 50 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £32,274,663 available, equivalent to 36 months of spending and so may not be able to utilise additional funding
  • There is a pension deficit of £1,017,897

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
30/06/23£13,192£10,745£2,447£723£50,330£32,275361130
30/06/22£11,816£8,636£3,180£296£46,782£30,18841.9960
30/06/21£6,375£6,259£116£70£46,050£29,28356.1830
30/06/20£6,262£6,222£41£990£44,337£30,15158.2890
30/06/19£4,806£5,234£-428£904£45,018£30,05668.9820
30/06/18£4,383£4,966£-582£873£43,945£30,60674810
30/06/17£4,021£4,726£-705£875£43,098£30,77078.1800
30/06/16£3,819£4,227£-408£791£41,180£31,07988.2740
30/06/15£3,812£3,797£16£816£24,781£10,17032.1660
30/06/14£4,029£3,716£314£777£23,699£10,15332.8600
30/06/13£3,852£3,630£223£257£22,295£9,72532.2590
30/06/12£3,558£3,481£77£283£21,727£10,01234.5740
30/06/11£3,061£3,051£10£230£22,243£-4,845-19.1690

Financial Ratios
Fundraising Costs/Relevant Income: 7.2%
Fundraising Costs/Total Spending: 7.6%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 28%
Liabilities/Income: 150%
Unrestricted Funds/Total Funds: 64%
Reserves/Spending: 36 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2.5
Asset Split ?
Established: 14 years

www.lucy.cam.ac.uk

BURSAR@LUCY.CAM.AC.UK

01223332190

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Colleges and universities
How it operates
  • Makes Grants to Individuals
  • Provides buildings/facilities/open space
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Cambridgeshire,
Who it helps
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 113 employees

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
Nuffield Foundation - Grant to University of Cambridge
£460,193 29/01/2024
Towards A feasibility and pilot trial of the Early Years Library
Wolfson Foundation - Grant to Lucy Cavendish College, Cambridge
£200,000 10/06/2021
New accommodation and learning spaces

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (50)
Current Trustees appointed
Gender Split
Based on 42/50 persons

Legal constitution
  • Charity registered in England & Wales on 07/09/2010, number: 1137875
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • 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
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
13 returns made; all on time
Main office

Lucy Cavendish College
CAMBRIDGE
CB3 0BU

Objectives

A) TO ADVANCE EDUCATION, RELIGION, LEARNING AND RESEARCH IN THE UNIVERSITY.B) TO PROVIDE FOR PERSONS WHO SHALL BE MEMBERS OF THE UNIVERSITY A COLLEGE WHEREIN THEY MAY WORK FOR DEGREES OF THE UNIVERSITY OR MAY CARRY OUT POSTGRADUATE OR OTHER SPECIAL STUDIES AT CAMBRIDGE.

Defined Area of Benefit:

CAMBRIDGESHIRE

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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