WALES QUALITY CENTRE
Corporate Membership, Training & Consultancy
Objects
TO PROMOTE THE EFFICIENCY OF INDUSTRY AND COMMERCE THROUGHOUT WALES, AND FOR THE PUBLIC BENEFIT TO ADVANCE THE EDUCATION AND TRAINING OF COMMERCIAL AND INDUSTRIAL PERSONNEL.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £68,290 for the year ended 30 June 2025, resulting in a decrease in unrestricted reserves from £292,659 to £224,369. The trustees confirm that the financial position is sound and that reserve levels remain sufficient and stable, noting that they planned for and delivered within a trading loss budget to invest in member experiences. Per the independent examiner's report, no matters came to attention that would cause belief that accounting records were not kept or that the financial statements did not accord with those records.
What the accounts disclose
“£100,000 to £109,999 1” — page 14
“The Board's policy is to maintain reserves at a level which would fund at least three months’ expenditure in salaries and overheads without income.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Cari-Anne Quinn
- DENISE ANNE PHILLIPS
- Joanne Daniels
- Peter Yip
- Phillip Miers
- Simon Blunsdon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £228k | £296k |
| 30/06/2024 | £226k | £249k |
| 30/06/2023 | £298k | £323k |
| 30/06/2022 | £412k | £289k |
| 30/06/2021 | £312k | £266k |
Common questions
Is WALES QUALITY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £68,290 for the year ended 30 June 2025, resulting in a decrease in unrestricted reserves from £292,659 to £224,369. The trustees confirm that the financial position is sound and that reserve levels remain sufficient and stable, noting that they planned for and delivered within a trading loss budget to invest in member experiences. Per the independent examiner's report, no matters came to attention that would cause belief that accounting records were not kept or that the financial statements did not accord with those records. Its FY2025 accounts were independently examined.
What does the highest-paid employee of WALES QUALITY CENTRE earn?
Per its FY2025 accounts, the highest-paid employee was in the £100,000 - £109,999 band.