EXETER CONSORTIUM CIO
Activities for the enhancement of education, and in particular (without limitation) to provide students, staff, parents and governors in educational establishments in Exeter and the wider South West area access to: Affordable training and development; Initial Teacher Training including Primary PGCE programmes; Networks for staff at a wide range of levels to improve provision.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £352,662 at the year end, which exceeds its stated policy target of covering 12 months of staff salaries and office costs. The trustees confirmed adequate resources for the foreseeable future, and the independent examiner reported no matters requiring attention.
What the accounts disclose
“Trustees consider it necessary to hold enough funding in reserve to be able to cover staff salaries and office costs for a period of 12 months.”
Trustees
- Richard Satterlychair
- David Louis Solomides
- Kevin Martin
- Peter Cobbold
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £390k | £357k |
| 31/08/2024 | £369k | £366k |
| 31/08/2023 | £364k | £340k |
| 31/08/2022 | £429k | £374k |
| 31/08/2021 | £468k | £404k |
Common questions
Is EXETER CONSORTIUM CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £352,662 at the year end, which exceeds its stated policy target of covering 12 months of staff salaries and office costs. The trustees confirmed adequate resources for the foreseeable future, and the independent examiner reported no matters requiring attention. Its FY2025 accounts were independently examined.