NCFE
Registered charity 1034808 · accounts filings on the Charity Commission register
National Awarding Organisation offering qualifications, awards, accreditation of bespoke learning and associated materials and services
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £380,000 for the year ended 31 July 2025, primarily due to the impairment of products following government education reforms. Despite this loss, the charity maintains unrestricted reserves of £31.5 million, which are above its stated policy target of £22.1 million, and the trustees confirm the organization is a going concern with adequate resources for at least 12 months.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: £22.1m (held: £31.5m)
“The Reserves policy sets out a minimum level of reserves of £22.1m to satisfy the Group's commitments and protect it from any significant financial shocks.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustee D M Jenkins received £18,676 for chair remuneration via connected business Kindling Limited.
“Kindling Limited (Ms D M Jenkins MBE DL, a Trustee is also a Director of Kindling Limited which invoiced NCFE for Chair's remuneration.) The entity was invoiced £18,676 (2024: £18,040) for chair remuneration.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee connected business
“Kindling Limited (Ms D M Jenkins MBE DL, a Trustee is also a Director of Kindling Limited which invoiced NCFE for Chair's remuneration.) The entity was invoiced £18,676 (2024: £18,040) for chair remuneration.”
“Active IQ Limited (This is a 100% Subsidiary) The charity charged Active IQ Limited £120,000 (2024: £120,000) for administration support.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Subsidiary transaction
“Kindling Limited (Ms D M Jenkins MBE DL, a Trustee is also a Director of Kindling Limited which invoiced NCFE for Chair's remuneration.) The entity was invoiced £18,676 (2024: £18,040) for chair remuneration.”
“Active IQ Limited (This is a 100% Subsidiary) The charity charged Active IQ Limited £120,000 (2024: £120,000) for administration support.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Azets Audit Services. Discloses 4 of 6 completeness components.
Public profiles (found on the charity’s own website): facebook (8,187 followers) · instagram (323 followers)
Structured financials (annual return, FY ending 31/07/2025)
Cost of raising funds
£30k
Reserves (reported)
£31.6m
Reported reserves equal ~7.5 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (99% 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: 0.1% of total income — below the median for charities its size (3.8%) (benchmarks).
Register events
- Received assets from another charity (07/12/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Scotland · Throughout England And Wales
Income and spending
Common questions
Is NCFE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £380,000 for the year ended 31 July 2025, primarily due to the impairment of products following government education reforms. Despite this loss, the charity maintains unrestricted reserves of £31.5 million, which are above its stated policy target of £22.1 million, and the trustees confirm the organization is a going concern with adequate resources for at least 12 months. Its FY2025 accounts were audited by Azets Audit Services.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
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Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.