Charity Accounts Intelreading the accounts so you don’t have to

THE UNITED KINGDOM SOCIETY FOR TRENCHLESS TECHNOLOGY

Registered charity 1062142 · accounts filings on the Charity Commission register · also known as U.K.S.T.T.

The charity attains its objectives by holding its own meetings and attending meetings of other societies which allow for an interchange of ideas regarding Trenchless technology.

Causes: Education/training · Environment/conservation/heritage · website · Get email alerts

Latest income
£218k
Latest spending
£170k
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

The charity reported a net income surplus of £48,392 for the year ended 31 December 2024, resulting in total unrestricted reserves of £159,945. This reserve level exceeds the charity's stated policy target of maintaining six months of unrestricted expenditure. The accounts were subject to independent examination rather than audit, with no material uncertainties identified regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — in the top quarter for charities its size (median £60k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: £60,001 - £70,000 1” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: £60,001 - £70,000 1” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 57.8% of fundraised income — above the 90th percentile for charities its size (median 2.9%)
“Raising funds 126,016”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately six months unrestricted expenditure (held: £157k)
“It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level which equate to approximately six months unrestricted expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Two trustees were reimbursed £226 travel expenses during the year.
“Two trustees were reimbursed £226 travel expenses during the year.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

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

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£218k£170k
31/12/2023£117k£126k
31/12/2022£132k£95k
31/12/2021£78k£83k
31/12/2020£57k£70k

Common questions

Is THE UNITED KINGDOM SOCIETY FOR TRENCHLESS TECHNOLOGY financially healthy?

Per its FY2024 accounts: The charity reported a net income surplus of £48,392 for the year ended 31 December 2024, resulting in total unrestricted reserves of £159,945. This reserve level exceeds the charity's stated policy target of maintaining six months of unrestricted expenditure. The accounts were subject to independent examination rather than audit, with no material uncertainties identified regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

What does the highest-paid employee of THE UNITED KINGDOM SOCIETY FOR TRENCHLESS TECHNOLOGY earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.