THE WORKFORCE DEVELOPMENT TRUST LIMITED
Promoting and advancing workforce education, training and skills; Improving the design and implementation of workforce development practices and policies; Providing integrated learning, accreditation and digital solutions; Undertaking and assisting in the identification, design and recognition of continuing professional development for individuals and teams
Financial health, per its FY2025 accounts
The accounts state that the Group reported a deficit of £1,818,431 for the year ended 30 September 2025, resulting in total unrestricted reserves of £9,691,851. The Trustees confirm that the Group is a going concern, with forecast cash reserves remaining between £4.5m and £6.0m over the next twelve months.
What the accounts disclose
“In the band £180,001 - £190,000 1” — page 31
“The value of Trustees remuneration, including employers pension costs, for the year was as follows; J Newman (Chair) £27,177 (2024: £29,673) and J Rogers (Chief Executive) £183,372 (2024: £222,312).”
“The Workforce Development Trust Limited is claiming the exemption under FRS 102 Section 33 not to disclose transactions with wholly owned subsidiaries.” — page 44
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| Ministry of Justice | Youth Justice Workforce Research | 15/12/2025 | £59k |
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (12/09/2017)
Trustees
- Natalie Campbellchair
- Daniel Langton
- Dr Rowena Hill
- Erika Bannerman
- JOHN ROGERS
- Jonathan Restell
- Keith Fraser
- Lisa Winward
- Mr Arvind Krishen MALHOTRA
- Niamh Li-Ban McKenna
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £8.6m | £10.6m |
| 30/09/2024 | £12.1m | £10.3m |
| 30/09/2023 | £10.4m | £10.3m |
| 30/09/2022 | £11.3m | £10.6m |
| 30/09/2021 | £9.4m | £9.1m |
Common questions
Is THE WORKFORCE DEVELOPMENT TRUST LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the Group reported a deficit of £1,818,431 for the year ended 30 September 2025, resulting in total unrestricted reserves of £9,691,851. The Trustees confirm that the Group is a going concern, with forecast cash reserves remaining between £4.5m and £6.0m over the next twelve months. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
What does the highest-paid employee of THE WORKFORCE DEVELOPMENT TRUST LIMITED 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 |
|---|---|---|
| MONDAY CHARITABLE TRUST | 1 | £2.8m |
| THE STEVE MORGAN FOUNDATION | 1 | £371k |
| THE NUFFIELD FOUNDATION | 1 | £299k |
| SMALLWOOD TRUST | 1 | £226k |
| The Merchant Taylors' Foundation | 1 | £200k |
| JOHN LYON'S CHARITY | 1 | £180k |
| THE HABERDASHERS' FOUNDATION | 1 | £101k |
| CHK Foundation | 1 | £100k |
Charities like this
- WORKING WELL TRUST
- TRAINING AND DEVELOPMENT RESOURCE LIMITED
- TYDFIL TRAINING CONSORTIUM LIMITED
- WOMEN'S TECHNOLOGY TRAINING LIMITED
- THE TEAMWORK TRUST
- NATIONAL LEARNING AND WORK INSTITUTE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WORKFORCE DEVELOPMENT TRUST LIMITED | £8.6m | £180,001 - £190,000 | — | above | — | no doubt |
| WORKING WELL TRUST | £2.6m | — | 0 | unclear | — | no doubt |
| TRAINING AND DEVELOPMENT RESOURCE LIMITED | £3.3m | — | — | unclear | — | no doubt |
| TYDFIL TRAINING CONSORTIUM LIMITED | £2.2m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| WOMEN'S TECHNOLOGY TRAINING LIMITED | £1.4m | — | 0 | above | — | no doubt |
| THE TEAMWORK TRUST | £1.2m | — | 1 | below | — | no doubt |