COGENT SKILLS LIMITED
The promotion of industry and commerce for the public benefit by promoting the training and education of persons employed or intending to be employed in the science based industries covering industrial sciences (including petroleum refining and distribution, chemical manufacturing, and polymers), life sciences (including pharmaceuticals and medical technologies) and nuclear.
Financial health, per its FY2024 accounts
The accounts state that the group achieved a net surplus of £739,000 with total income of £20,468,000, resulting in unrestricted reserves of £2,735,000. The trustees confirm that cash balances and available facilities are sufficient to remove any concerns over liquidity, and they expect to reach their targeted reserves level within five years.
What the accounts disclose
“Income for 2024 included £5,077,000 in relation to project support to the Nuclear Skills Plan.” — page 9
“The target level of the unrestricted reserves of the charity is £3,500,000 representing a minimum six months operating costs of the charity and ensuring that sufficient funds are available to sustain the group.”
“Two trustees (2023: two), J Fosh and K Gorge, received aggregate emoluments of £303,495 (2023: £269,473) including pension contributions of £25,703 (2023: £13,304) during the year for their services as employees, in accordance with the articles of the charity.” — page 37
Corporate structure
- Trading subsidiary: NATIONAL SKILLS ACADEMY FOR NUCLEAR LIMITED Companies House 06423637
- Trading subsidiary: COGENT SKILLS TRAINING LIMITED Companies House 06430341
- Trading subsidiary: COGENT SKILLS SERVICES LTD Companies House 07806185
- Registered company of the charity Companies House 09361100
- Trading subsidiary: SCIENCE INDUSTRY ASSESSMENT SERVICE LIMITED Companies House 09396974
- Trading subsidiary: COGENT SSC LIMITED Companies House SC129351
- Change of accounting reference date
- Change of accounting reference date
- The accounting reference period ending 31/12/2025 is extended so as at to end on 31/03/2026
- The accounting reference period ending 31/12/2025 is extended so as at to end on 31/03/2026
- Change of accounting reference date
Company officers (Companies House)
- MALONE, Clare Frances Rawlinson on trustee list
- OLLIVER, Robert James on trustee list
- MARTIN, Stephen John on trustee list
- BONE, Nicholas Paul on trustee list
- CSIBRA, Marta on trustee list
- LIMOND, Adam Charles Ellis on trustee list
- LAY, Matthew Russell on trustee list
- VINEALL, David George on trustee list
- FERNS, Susan Elizabeth on trustee list
- FOSH, Justine Sarah on trustee list
- WOODS-RUDDICK, Katherine Jane on trustee list
- ELLIOTT, Stephen Denis on trustee list
- GORGE, Karl Robert on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adam Charles Ellis Limond
- Clare Frances Rawlinson Malone
- David George Vineall
- Justine Fosh
- Karl Robert Gorge
- Katherine Woods-Ruddick
- Marta Csibra
- Matthew Russell Lay
- Nicholas Paul Bone
- Robert James Olliver
- Stephen Denis Elliott
- Stephen John Martin
- Susan Elizabeth Ferns
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £20.5m | £19.7m |
| 31/12/2023 | £13.3m | £13.0m |
| 31/12/2022 | £11.2m | £11.0m |
| 31/12/2021 | £11.5m | £11.1m |
| 31/12/2020 | £10.3m | £10.1m |
Common questions
Is COGENT SKILLS LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the group achieved a net surplus of £739,000 with total income of £20,468,000, resulting in unrestricted reserves of £2,735,000. The trustees confirm that cash balances and available facilities are sufficient to remove any concerns over liquidity, and they expect to reach their targeted reserves level within five years. Its FY2024 accounts were audited by RSM UK Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FILM LONDON | 1 | £14k |
Charities like this
- ENGINUITY
- CITB
- Skills and Education Group
- SCREENSKILLS LIMITED
- SKILLS AND EDUCATION GROUP AWARDS LIMITED
- TRAINING 2000 LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COGENT SKILLS LIMITED | £20.5m | — | — | unclear | — | no doubt |
| ENGINUITY | £15.1m | — | — | above | — | no doubt |
| CITB | £280.2m | — | — | unclear | — | no doubt |
| Skills and Education Group | £6.9m | £150,001 - £160,000 | — | below | — | noted |
| SCREENSKILLS LIMITED | £17.5m | — | — | above | — | no doubt |
| SKILLS AND EDUCATION GROUP AWARDS LIMITED | £3.0m | — | 0 | above | — | no doubt |