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.
Objects
TO PROVIDE EDUCATION IN PARTICULAR BUT NOT EXCLUSIVELY IN VOCATIONAL AND APPLIED SUBJECTS AND MATHS AND SCIENCE PRIMARILY FOR YOUNG PEOPLE IN THE NORTH EAST OF ENGLAND AND YORKSHIRE TO HELP THEM UNDERSTAND THE INTER RELATIONSHIPS OF THESE SKILLS AND KNOWLEDGE IN THE WORK PLACE.
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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
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 | £66k |
| THE FREELANDS FOUNDATION LIMITED | 1 | £50k |
| THE MARANDI FOUNDATION | 1 | £30k |
| JAPAN HOUSE LONDON TRUST | 1 | £25k |
| OUTSET - CONTEMPORARY ART FUND | 1 | £25k |
| THE AMPERSAND FOUNDATION | 1 | £25k |
| THE HENRY MOORE FOUNDATION | 1 | £15k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £3k |
Charities like this
- VOCATIONAL TRAINING CHARITABLE TRUST
- Ufi VocTech Trust
- THE LEARNING SKILLS TRUST
- THE WORKFORCE DEVELOPMENT TRUST LIMITED
- THE VERNON EDUCATIONAL TRUST LIMITED
- WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED
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 | £190,000 - £199,999 | — | within | — | no doubt |
| Ufi VocTech Trust | £828k | — | — | unclear | — | no doubt |
| THE LEARNING SKILLS TRUST | £193k | — | 0 | 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 |