THE EAST DURHAM EMPLOYABILITY TRUST
The Employability Trust aims to maximise the potential of young people and add value to industry by responsively developing skills and attitudes to match local industry needs. Through contracts with local organisations we offer NEETs vital practical work experience and training to build confidence and enhance skills with the aim of securing sustainable employment.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £67,638 for the year ended 31 January 2025, with total income of £926,452. However, the filing discloses that unrestricted funds are in a deficit of £53,234, which is below the trustees' stated policy target of maintaining three to six months' expenditure. The trustees note they are actively seeking new sources of funding to address this shortfall.
What the accounts disclose
“The number of employees whose annual remuneration was £60,000 or more were: 2025 Number 1 £60,000 - £70,000” — page 18
“The number of employees whose annual remuneration was £60,000 or more were: 2025 Number 1” — page 18
“The trustees note that there is currently a deficit on unrestricted reserves” — page 4
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Sally Waterstonchair
- Denis Ford
- MERYL LEVINGTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £926k | £859k |
| 31/01/2024 | £738k | £661k |
| 31/01/2023 | £483k | £517k |
| 31/01/2022 | £519k | £507k |
| 31/01/2021 | £512k | £539k |
Common questions
Is THE EAST DURHAM EMPLOYABILITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £67,638 for the year ended 31 January 2025, with total income of £926,452. However, the filing discloses that unrestricted funds are in a deficit of £53,234, which is below the trustees' stated policy target of maintaining three to six months' expenditure. The trustees note they are actively seeking new sources of funding to address this shortfall. Its FY2025 accounts were independently examined.
What does the highest-paid employee of THE EAST DURHAM EMPLOYABILITY TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,000 - £70,000 band, and 1 employees earned over £60,000.
Who funds THE EAST DURHAM EMPLOYABILITY TRUST?
Funders whose own accounts filings name THE EAST DURHAM EMPLOYABILITY TRUST as a grant recipient include THE BALLINGER CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BALLINGER CHARITABLE TRUST | FY2024 | £20k | |
| THE BALLINGER CHARITABLE TRUST | FY2023 | £20k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 30/06/2025 | £35k | Millionaire Street 2025 06w2 |
| The National Lottery Community Fund | 07/05/2020 | £10k | Covid-19 Food Distribution Warehouse |
| The National Lottery Community Fund | 07/02/2020 | £10k | Destination Employment |