Charity Accounts Intelreading the accounts so you don’t have to

WorldSkills UK

Registered charity 1001586 · accounts filings on the Charity Commission register · also known as FIND A FUTURE, UK SKILLS

WorldSkills UK is a partnership between education, industry and UK governments. It is a world-class skills network, a catalyst for: raising standards through international benchmarking and professional development; championing future skills through analysis of rapidly changing economic demand; and empowering young people from all backgrounds through competitions-based training and careers advocacy

Causes: Education/training · website · Get email alerts

Latest income
£8.1m
Latest spending
£8.4m
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £250,400 for the year, resulting in a decrease in total net assets to £2.58 million. Per the trustees' report, unrestricted free reserves stood at £1.72 million, which is above the stated minimum policy target of £1.95 million, although the charity faces ongoing funding pressures from a reduced Department for Education grant.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: one quarter of the annual operating budget, excluding Centre of Excellence project spend, depreciation and Value in Kind donations (held: £1.7m)
“The total level of minimum reserves is therefore set at £1.95m based on the 2024-25 budget.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: The Skills Show Ltd
“The Skills Show Ltd which is a fully owned subsidiary of WorldSkills UK has remained dormant throughout the year and has not traded in 2023/24.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£8.1m
Total spending
£8.4m
Cost of raising funds
£66k
Reserves (reported)
£1.9m
Employees
51

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.8% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£8.1m£8.4m
31/03/2024£8.0m£8.5m
31/03/2023£8.6m£8.9m
31/03/2022£8.8m£8.5m
31/03/2021£6.8m£6.2m

Common questions

Is WorldSkills UK financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £250,400 for the year, resulting in a decrease in total net assets to £2.58 million. Per the trustees' report, unrestricted free reserves stood at £1.72 million, which is above the stated minimum policy target of £1.95 million, although the charity faces ongoing funding pressures from a reduced Department for Education grant. Its FY2025 accounts were audited by Forvis Mazars LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ELRHA1£276k
PLAN INTERNATIONAL UK1£127k
THE STRATTON NO2 CHARITABLE FUND1£110k
BUPA FOUNDATION1£60k
THE SYBIL SHINE MEMORIAL TRUST1£38k
THE ESPRIT FOUNDATION1£25k
THE KIRBY LAING FOUNDATION1£25k
WOODLANDS GROUP OF CHURCHES1£6k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ENGLISH UK LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WorldSkills UK£8.1m——unclear—no doubt
ENGLISH UK LIMITED FY2025£1.5m——within—no doubt
ORT UK FOUNDATION FY2024£848k——unclear—no doubt
FUTURE SKILLS TRAINING FY2025£234k—0above—no doubt
WORLD VISION UK FY2025£66.1m——unclear18.2%no doubt
THE UK CAREER ACADEMY FOUNDATION FY2025£2.7m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.