FURNESS EDUCATION & SKILLS PARTNERSHIP
Furness Education and Skills Partnership works with schools and the wider community to help young people gain the skills, experience and confidence to have successful futures. We design and deliver projects and events which raise awareness of opportunities, develop skills and put learning into a real context for young people. Our work dovetails into that of the local Careers Hub.
Financial health, per its FY2025 accounts
The accounts state that the charity held total bank funds of £74,335 at the end of the financial year, with £17,046 classified as unrestricted reserves. The trustees report that the principal source of funds is grant income, which is short-term and subject to specific Key Performance Indicators. The charity has no investments and is actively working to develop a financial strategy to reduce reliance on reactive grant funding.
What the accounts disclose
“Typically, our goal is to hold a level of reserves which will provide a buffer to cover core expenses, ensuring the sustainability of our work in the event of unexpected income shortfalls or emergency needs.” — page 4
Trustees
- Victoria Jayne Moorbychair
- Janet Dixon
- Simon Harvey Craig
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £140k | £139k |
| 31/03/2024 | £151k | £110k |
| 31/03/2023 | £136k | £167k |
| 31/03/2022 | £182k | £140k |
| 31/03/2021 | £49k | £56k |
Common questions
Is FURNESS EDUCATION & SKILLS PARTNERSHIP financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total bank funds of £74,335 at the end of the financial year, with £17,046 classified as unrestricted reserves. The trustees report that the principal source of funds is grant income, which is short-term and subject to specific Key Performance Indicators. The charity has no investments and is actively working to develop a financial strategy to reduce reliance on reactive grant funding. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/02/2018 | £2k | "PILOTNW Sharing Engineering History" |