THE VOCATIONAL LEARNING TRUST
The Vocational Learning Trust has built a vocational learning centre called The Work Place. VOLT is responsible for ensuring the building is used for the aims and objectives of the Trust and also has a remit to raise funds for educational purposes.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,579,979, with the reserves policy aiming to maintain sufficient levels for major unforeseen repairs. The trustees report a reasonable expectation of adequate resources for the foreseeable future, supported by rental income and grant funding streams.
What the accounts disclose
“The Work Place (Aycliffe) Limited is a subsidiary company which was set up to lease and operate the learning centre. During the year, The Vocational Learning Trust received rents of £102,492 (2024: £102,492) from The Work Place (Aycliffe) Limited. During the year, The Vocational Learning Trust made grants of £78,796 (2024: £83,596) to The Work Place (Aycliffe) Limited . As at 31 December 2025 The Vocational Learning Trust owed £nil to The Work Place (Aycliffe) Limited.” — page 16
“The Work Place (Aycliffe) Limited is a subsidiary company which was set up to lease and operate the learning centre.” — page 16
Property (HM Land Registry)
Trustees
- JANE RITCHIE MBEchair
- ANDREW GILMORE
- LISA INGLEBY
- Margaret Rose Elliott
- Marjorie Ann McDonnell
- Michael Bernard MCGARRY
- Richard Learmouth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £118k | £90k |
| 31/12/2024 | £107k | £89k |
| 31/12/2023 | £111k | £95k |
| 31/12/2022 | £110k | £103k |
| 31/12/2021 | £113k | £114k |
Common questions
Is THE VOCATIONAL LEARNING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £1,579,979, with the reserves policy aiming to maintain sufficient levels for major unforeseen repairs. The trustees report a reasonable expectation of adequate resources for the foreseeable future, supported by rental income and grant funding streams. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MILA CHARITABLE ORGANISATION | 1 | £30k |
| OUTSET - CONTEMPORARY ART FUND | 1 | £25k |
| THE AMPERSAND FOUNDATION | 1 | £25k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £25k |
| JAPAN HOUSE LONDON TRUST | 1 | £13k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £3k |
Charities like this
- VOCATIONAL TRAINING CHARITABLE TRUST
- Ufi VocTech Trust
- THE WORKFORCE DEVELOPMENT TRUST LIMITED
- THE VERNON EDUCATIONAL TRUST LIMITED
- WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED
- VISION 21 (CYFLE CYMRU)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VOCATIONAL LEARNING TRUST | £118k | — | 0 | unclear | — | no doubt |
| VOCATIONAL TRAINING CHARITABLE TRUST | £13.4m | £200,000 - £209,999 | — | within | — | no doubt |
| Ufi VocTech Trust | £828k | — | — | unclear | — | no doubt |
| THE WORKFORCE DEVELOPMENT TRUST LIMITED | £8.6m | £180,001 - £190,000 | — | above | — | no doubt |
| THE VERNON EDUCATIONAL TRUST LIMITED | £13.5m | £140,001 - £150,000 | — | above | — | no doubt |
| WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED | £816k | — | 0 | unclear | — | no doubt |