MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC)
The Charity provides vocational training leading to NVQ in Administration, Accounting, Health and Social Care, Volunteering, Customers service, Legal Secretarial studies, ESOL, Business Startup, leadership and management, heritage research activities, employability, short filmmaking, standup comedy, mentoring, youth development and empowerment, and charity capacity building programmes.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of zero for the year ended 31st May 2025, with unrestricted reserves increasing slightly to £14,274. The filing confirms the company was entitled to exemption from audit and members did not require one. The directors acknowledge their responsibilities for the preparation of accounts and compliance with the Act.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 03194445
Company officers (Companies House)
- OMORODION, Charles Bowie, Dr on trustee list
- ALABI, Damilola Tolulope
Trustees
- SAM ADDEHchair
- Damilola Tolulope Alabi
- Dr Charles Omorodion
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £64k | £64k |
| 31/05/2024 | £22k | £22k |
| 31/05/2023 | £48k | £38k |
| 31/05/2022 | £56k | £56k |
| 31/05/2021 | £86k | £86k |
Common questions
Is MANAGEMENT TRAINING AND EDUCATION CENTRE (MTEC) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of zero for the year ended 31st May 2025, with unrestricted reserves increasing slightly to £14,274. The filing confirms the company was entitled to exemption from audit and members did not require one. The directors acknowledge their responsibilities for the preparation of accounts and compliance with the Act. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/03/2023 | £10k | King Charles Coronation Concert |