WALES QUALITY CENTRE

Registered charity 1062140 · accounts filings on the Charity Commission register

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.

Area of benefit: WALES

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£228k
Latest spending
£296k
Registered
1997
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,000 - £109,999 — above the 90th percentile for charities its size (median £60k)
“£100,000 to £109,999 1” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months’ expenditure in salaries and overheads without income (held: £224k)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.