GUST Independent School Ltd
Registered charity 1108544 · accounts filings on the Charity Commission register · also known as GET U STARTED TRAINING LIMITED
GUST provides education and training to young people with learning/social difficulties who have been excluded or are at risk of exclusion from mainstream education, working with students to improve their academic, social, moral and personal development to enhance their ?life chances? within the local and wider communities with a view towards gaining future employment.
Causes: Education/training · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £72,909 for the year ended 31 March 2025, with total income of £1,043,587 against total expenditure of £970,768. Free reserves stand at £426,634, which is in excess of the trustees' stated policy target of three months' running costs (approximately £240,000). The trustees and auditors confirm that the charity has adequate resources to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Charitable activities
“Income from charitable activities totalled £1,031,536 (2024: £946,748) which was unrestricted in the current and previous year.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of running costs (held: £427k)
“Reserves are maintained at a level to ensure that the charitable company can cover three months (approximately one term) of running costs. Three months running costs based on the last 12 months is approximately £240,000.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Audit opinion: qualified
“The charitable company made a payment to former employee during the year totalling £25,000. We were unable to obtain sufficient appropriate audit evidence in respect of this payment as the organisation had not retained copies of the relevant documents.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Governance: The charity experienced a breakdown in its financial controls, which resulted in a small number of immaterial payments being made.
“During the year, the charity experienced a breakdown in its financial controls, which resulted in a small number of immaterial payments being made.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Clive Owen LLP. Discloses 5 of 6 completeness components.
Year-over-year changes
- Employees paid over £60,000: 1 (FY2024) → 0 (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~9.1 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- Derek Leathardchair
- Angela Allan
- Geraint Davies
- MARGARET LEWIS
- PAUL HEDLEY
Trustee list from the Charity Commission register (current, not historical).
Operates in: Northumberland
Income and spending
Common questions
Is GUST Independent School Ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £72,909 for the year ended 31 March 2025, with total income of £1,043,587 against total expenditure of £970,768. Free reserves stand at £426,634, which is in excess of the trustees' stated policy target of three months' running costs (approximately £240,000). The trustees and auditors confirm that the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by Clive Owen LLP.
Who funds GUST Independent School Ltd?
Funders whose own accounts filings name GUST Independent School Ltd as a grant recipient include THE BARBOUR FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.