JTL
Financial health, per its FY2025 accounts
The accounts state that the group held unrestricted reserves of £46,912,906 at the year end, an increase from the previous year. The Trustees are satisfied with this net asset position and are confident that sufficient funds are available to meet future needs, confirming the charity's ability to continue in operational existence.
What the accounts disclose
“In the band £180,001 - £190,000” — page 36
“The current reserves policy requires that unrestricted funds held by the charity should be more than six months £19,348,962 (2024: £24,487,920) and less than twelve months £38,697,927 (2024: £48,975,840) of the resources expended.” — page 15
“The principal transactions with related parties are with the Joint Industry Board for the Electrical Contracting Industry (JIBECI) and the Joint Industry Board for Plumbing and Mechanical Engineering Services (JIB PMES).” — page 5
“Amounts payable to ECA includes the BUPA annual membership, plus additional services.” — page 49
“The principal transactions with related parties are with the Joint Industry Board for the Electrical Contracting Industry (JIBECI) and the Joint Industry Board for Plumbing and Mechanical Engineering Services (JIB PMES).” — page 5
“Amounts payable to ECA includes the BUPA annual membership, plus additional services.” — page 49
“In addition to the investment funds, JTL has a wholly owned subsidiary, CompEx Certification Limited. Develop Training Limited, also a wholly owned subsidiary, was disposed of during the year.” — page 14
Year-over-year changes
- Top pay band moved from £200,001 - £210,000 (FY2024) to £180,001 - £190,000 (FY2025).
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Sir John Menzies Lowchair
- Alastair Stuart Green
- Catherine Anne Watt
- Christopher Prendergast
- JOHN ALLOTT
- Jason Poulter
- John George Lelliott
- RICHARD JEREMY CLARKE
- Sheila Fraser-Whyte
- Stuart Mills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £38.7m | £38.7m |
| 31/07/2024 | £46.8m | £48.8m |
| 31/07/2023 | £44.4m | £48.6m |
| 31/07/2022 | £40.6m | £43.6m |
| 31/07/2021 | £36.0m | £40.3m |
Common questions
Is JTL financially healthy?
The accounts state that the group held unrestricted reserves of £46,912,906 at the year end, an increase from the previous year. The Trustees are satisfied with this net asset position and are confident that sufficient funds are available to meet future needs, confirming the charity's ability to continue in operational existence. Its FY2025 accounts were audited by Menzies LLP.
What does the highest-paid employee of JTL earn?
Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Gerald and Gail Ronson Family Foundation | 1 | £436k |
| THE BLOOM FOUNDATION | 1 | £141k |
| THE BENSON AND LIONEL BLACK CHARITABLE TRUST | 1 | £105k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE MAURICE HATTER FOUNDATION | 1 | £100k |
| BERNARD LEWIS FAMILY CHARITABLE TRUST | 1 | £66k |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £55k |
| LOFTUS CHARITABLE TRUST | 1 | £28k |