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THE TEACHING AWARDS TRUST

Registered charity 1074968 · accounts filings on the Charity Commission register · also known as THE TEACHING AWARDS TRUST NUMBER 1 · listed website unreachable when last crawled

Latest income
£638k
Latest spending
£676k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity delivered a deficit of £37,402 for the year ended 31 March 2025, reducing its unrestricted reserves to £110,575. The trustees note that while current reserves are above the target level, the anticipated deficit for the following year will reduce reserves to approximately one month of operating costs, which is below the stated policy target of three months. Consequently, the trustees have agreed to a plan to build reserves through modest surpluses and expenditure reviews.

What the accounts disclose

Highest-paid employee band: £90,001 - £100,000 — above the 90th percentile for charities its size (median £60k)
“There was one employee whose emoluments were in excess of £90,000 in 2025.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee whose emoluments were in excess of £90,000 in 2025. (One over £70,000 in 2024.)” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of core operating costs (held: £111k)
“The trustees have agreed a target level of reserves equivalent to a minimum of three months of core operating costs.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: The Teaching Awards Company Limited
“The Teaching Awards Company Limited is a wholly-owned subsidiary of the Teaching Awards Trust. Its specific responsibilities are to run the Teaching Awards process and operations and to secure funding in order to do so.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public fundraising profile: JustGiving — The Teaching Awards Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£638k
Total spending
£676k
Cost of raising funds
£80k
Reserves (reported)
£111k
Employees
6

Reported reserves equal ~2.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
31/03/2025£638k£676k
31/03/2024£602k£608k
31/03/2023£539k£554k
31/03/2022£609k£544k
31/03/2021£313k£299k

Common questions

Is THE TEACHING AWARDS TRUST financially healthy?

The accounts state that the charity delivered a deficit of £37,402 for the year ended 31 March 2025, reducing its unrestricted reserves to £110,575. The trustees note that while current reserves are above the target level, the anticipated deficit for the following year will reduce reserves to approximately one month of operating costs, which is below the stated policy target of three months. Consequently, the trustees have agreed to a plan to build reserves through modest surpluses and expenditure reviews. Its FY2025 accounts were independently examined.

What does the highest-paid employee of THE TEACHING AWARDS TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £90,001 - £100,000 band, and 1 employees earned over £60,000.

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