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CENTRE FOR ENGINEERING AND MANUFACTURING EXCELLENCE

Registered charity 1133396 · accounts filings on the Charity Commission register

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Latest income
£4.6m
Latest spending
£5.0m
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £14,490 for the year ended 31 December 2024, with total income of £4,643,608. Per the trustees' report, the charity holds unrestricted funds of £8,598,463 and free reserves of £822k, which exceeds the stated policy target of two months' unrestricted expenditure (£592k). The trustees and auditors confirm the charity is a going concern with adequate resources and strong cash balances.

What the accounts disclose

Reserves policy: two months' unrestricted expenditure (held: £822k)
“The Trustees believe it is necessary to hold reserves of two months' unrestricted expenditure equating to £592K at 31 December 2024 .” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Valerie Le Vaillant was paid £15,225 plus a pension of £990 for her services as a Chair. A non executive director, Dr Ritchard Hutchins (T/A Rawdon Mercia), was paid £4,000 for performing that role.
“Valerie Le Vaillant was paid £15,225 plus a pension of £990 for her services as a Chair. A non executive director, Dr Ritchard Hutchins (T/A Rawdon Mercia), was paid £4,000 for performing that role.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£4.6m
Total spending
£5.0m
Cost of raising funds
£955k
Reserves (reported)
£8.6m
Employees
22

Reported reserves equal ~20.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Barking And Dagenham · Havering · Thurrock

Income and spending

Financial year endIncomeSpending
31/12/2025£4.6m£5.0m
31/12/2024£4.6m£4.7m
31/12/2023£4.4m£4.9m
31/12/2022£4.2m£4.7m
31/12/2021£3.9m£4.2m

Common questions

Is CENTRE FOR ENGINEERING AND MANUFACTURING EXCELLENCE financially healthy?

The accounts state that the charity reported a net deficit of £14,490 for the year ended 31 December 2024, with total income of £4,643,608. Per the trustees' report, the charity holds unrestricted funds of £8,598,463 and free reserves of £822k, which exceeds the stated policy target of two months' unrestricted expenditure (£592k). The trustees and auditors confirm the charity is a going concern with adequate resources and strong cash balances. Its FY2024 accounts were audited by HaysMac LLP.