TRAINING AND DEVELOPMENT RESOURCE LIMITED

Registered charity 1061605 · accounts filings on the Charity Commission register · also known as TDR LTD, TYNESIDE MARITIME AND ENGINEERING LIMITED

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Latest income
£3.3m
Latest spending
£2.8m
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net assets increased from £1,887,993 to £2,422,496, driven by a group surplus after charging depreciation and staff costs. The charity holds unrestricted funds of £2,317,295 against total liabilities of £1,307,862, indicating a strong balance sheet position. The trustees approved the financial statements, confirming the entity's ability to continue as a going concern without stated material uncertainties.

What the accounts disclose

Accounts audited. Discloses 2 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£3.3m
Total spending
£2.8m
Reserves (reported)
£600k
Employees
34

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£3.3m£2.8m
31/07/2024£2.9m£2.4m
31/07/2023£2.3m£2.1m
31/07/2022£2.1m£1.7m
31/07/2021£1.8m£1.8m

Common questions

Is TRAINING AND DEVELOPMENT RESOURCE LIMITED financially healthy?

The accounts state that net assets increased from £1,887,993 to £2,422,496, driven by a group surplus after charging depreciation and staff costs. The charity holds unrestricted funds of £2,317,295 against total liabilities of £1,307,862, indicating a strong balance sheet position. The trustees approved the financial statements, confirming the entity's ability to continue as a going concern without stated material uncertainties. Its FY2024 accounts were audited.