THE ENGINEERING DEVELOPMENT TRUST
The Engineering Development Trust changed its legal status to a company limited by guarantee (company number 8879288) on 1st April 2014 and transferred all of the operations, assets and liabilities of the Charitable Trust (Charity number 1002459) to this new charity number (1156066) on that date.EDT is the largest provider of STEM enrichment activities for young people in the UK
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £285,400 for the year, driven by an 11% shortfall against budget income targets. Despite this loss, unrestricted reserves stood at £966,300, which the trustees confirm is above the minimum level required by their reserves policy.
What the accounts disclose
“In the band £110,000 - £120,000 1”
“The number of high paid employees over £60k was: 3”
“The trustees have reviewed the major risks faced by the charitable company to determine the level of reserves necessary to meet their commitments to young people, employers, educators and other stakeholders. This value of reserves is then expressed within a range” — page 33
“A number of trustees are directors of, or are associated with, organisations that provide funding to the charitable company or participate in our schemes/programmes. There were no related party transactions arising in the year to 31 August 2025” — page 56
“Abraham and Dobell have announced that due to forthcoming retirement they do not seek to be reappointed after completion of the audit for the 24/25 year.” — page 35
Year-over-year changes
- Employees paid over £60,000: 2 (FY2024) → 3 (FY2025).
Leadership, per the charity’s website
- Julie Feest OBE — Chief Executive Officer
- David Sobo — Operations Director & Deputy CEO
- Ty Watson — Partnership Director & Deputy CEO
Funders the charity credits
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (06/03/2023)
- Received assets from another charity (04/06/2015)
Trustees
- Professor Elena Maria Rodriguez-Falconchair
- Alpana Warke Vijayaraghavan
- Dominic Waring
- Iain Duncan Kinnis
- Jacob Mynard
- Jonathan Simmons
- Katie Jane Mawdsley
- Keith Brady
- Olivier Usher
- PROFESSOR CATHERINE ANN HOBBS
- Paul Alan Senior
- Robyn Vincent
- Stuart Aitkenhead
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.2m | £2.4m |
| 31/08/2024 | £1.9m | £2.3m |
| 31/08/2023 | £3.0m | £2.3m |
| 31/08/2022 | £2.0m | £1.9m |
| 31/08/2021 | £1.7m | £1.8m |
Common questions
Is THE ENGINEERING DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £285,400 for the year, driven by an 11% shortfall against budget income targets. Despite this loss, unrestricted reserves stood at £966,300, which the trustees confirm is above the minimum level required by their reserves policy. Its FY2025 accounts were audited by Abraham & Dobell.
What does the highest-paid employee of THE ENGINEERING DEVELOPMENT TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band, and 3 employees earned over £60,000.
Who funds THE ENGINEERING DEVELOPMENT TRUST?
Funders whose own accounts filings name THE ENGINEERING DEVELOPMENT TRUST as a grant recipient include THE FIDELITY UK FOUNDATION, THE JORDAN CHARITABLE FOUNDATION, OVE ARUP PARTNERSHIP CHARITABLE TRUST, THE CUNMONT CHARITABLE TRUST, LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 07/08/2025 | £8k | Grant to The Engineering Development Trust |
| Community Foundation North East | 01/04/2025 | £22k | Grant to The Engineering Development Trust |
| UK government | 28/06/2022 | £21k | Industrial Cadets PEMD Pathway- Midlands and UK wide |
| Bedfordshire and Luton Community Foundation | 23/05/2018 | £4k | Grant to The Engineering Development Trust (EDT) |
| Community Foundation North East | 01/04/2017 | £10k | Support for six schools to take part in EES Year 3 |
| Community Foundation North East | 01/04/2016 | £10k | Towards Support for six schools to take part in EES Year 2 |
| Community Foundation North East | 13/07/2015 | £10k | Support for six schools to take part in EES Year 1 |
| The National Lottery Community Fund | 04/02/2015 | £10k | Inspire - Encouraging girls into STEM |
| The National Lottery Community Fund | 07/03/2013 | £9k | Headstart Widening Participation Project |
| The National Lottery Community Fund | 14/04/2011 | £10k | Dragonfly - (STEM) Interactive, Girls-Only Events |
| The National Lottery Community Fund | 10/11/2006 | £10k | Open Mornings |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE APAX FOUNDATION | 1 | £81k |
| THE DAVID BROWNLOW CHARITABLE FOUNDATION | 1 | £250 |
Charities like this
- ENTHUSE CHARITABLE TRUST
- THE ENGINEERING AND TECHNOLOGY BOARD
- EDUCATION DEVELOPMENT TRUST
- COMMUNITY DEVELOPMENT TRUST
- GFG FOUNDATION
- ENGINUITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ENGINEERING DEVELOPMENT TRUST | £2.2m | £110,001 - £120,000 | 3 | above | — | no doubt |
| ENTHUSE CHARITABLE TRUST | £3.4m | — | 0 | unclear | — | no doubt |
| THE ENGINEERING AND TECHNOLOGY BOARD | £10.0m | £220,001 - £230,000 | — | within | — | no doubt |
| EDUCATION DEVELOPMENT TRUST | £73.8m | £210,000 - £219,999 | — | unclear | — | no doubt |
| COMMUNITY DEVELOPMENT TRUST | £253k | — | 0 | unclear | — | no doubt |
| GFG FOUNDATION | £145k | — | 0 | unclear | — | no doubt |