THE NATIONAL EXAMINATION BOARD IN OCCUPATIONAL SAFETY AND HEALTH
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a surplus of £3.7m for the year ended 31 March 2025, with total income of £24.1m against expenditure of £19.7m. Per the trustees' report, the charity holds £40.5m in total funds, including £31m in free reserves, which equates to 15 months of annual expenditure cover. The trustees confirm the charity has adequate resources to fund its activities for the foreseeable future.
What the accounts disclose
“reserves should equate to no less than nine months annual expenditure.”
“The Charity owns the whole of the share capital of NEBOSH Learning Limited, its trading subsidiary” — page 52
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Donald James Lloyd
- Fabienne Bailey
- Idongesit Usoro
- Jonathan Fundrey Kennith
- Linda Kennedy
- Lori Page Cunningham
- Martin Hottass
- Robert David Hull
- Sarah Edmonds
- Stuart Charles Gilford Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £24.1m | £19.7m |
| 31/03/2024 | £20.5m | £16.4m |
| 31/03/2023 | £20.4m | £14.8m |
| 31/03/2022 | £18.6m | £10.8m |
| 31/03/2021 | £9.4m | £8.6m |
Common questions
Is THE NATIONAL EXAMINATION BOARD IN OCCUPATIONAL SAFETY AND HEALTH financially healthy?
The accounts state that the charity recorded a surplus of £3.7m for the year ended 31 March 2025, with total income of £24.1m against expenditure of £19.7m. Per the trustees' report, the charity holds £40.5m in total funds, including £31m in free reserves, which equates to 15 months of annual expenditure cover. The trustees confirm the charity has adequate resources to fund its activities for the foreseeable future. Its FY2025 accounts were audited by Forvis Mazars LLP.