FEDERATION SKILLS TRUST
The advancement of education by promoting, whether directly through financial or other support, the training and teaching of engineering skills and processes and by encouraging and supporting the development and transference of skills appertaining to the repair, maintenance, preservation and renovation of all types of heritage transport, historic vehicle and machinery.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £75,784, which is above the trustees' stated policy target of £10,000. The charity reported a net income of £35,127 for the year, funded primarily by donations, and holds no trading subsidiaries or staff.
What the accounts disclose
“this level has been set at £10,000” — page 4
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- Andrew Francis Robert Galashan
- DAVID JOHN HAYWARD COOKE
- John Stephen Evans
- Karl Lewis Carter
- Tristan Neil Ivens Judge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £175k | £148k |
| 31/12/2023 | £55k | £20k |
| 31/12/2022 | £100k | £120k |
| 31/12/2021 | £84k | £51k |
Common questions
Is FEDERATION SKILLS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £75,784, which is above the trustees' stated policy target of £10,000. The charity reported a net income of £35,127 for the year, funded primarily by donations, and holds no trading subsidiaries or staff. Its FY2024 accounts were independently examined.
Who funds FEDERATION SKILLS TRUST?
Funders whose own accounts filings name FEDERATION SKILLS TRUST as a grant recipient include THE ARMIGER FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARMIGER FOUNDATION | FY2024 | £124k | Capital grants for fit out of training workshops |
| THE ARMIGER FOUNDATION | FY2025 | £50k | Revenue grants |
| THE ARMIGER FOUNDATION | FY2024 | £13k | Revenue grants for employment of additional personnel |
Charities like this
- NATIONAL TRACTION ENGINE TRUST
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- BRITISH MOTOR SPORTS TRAINING TRUST
- ENGINUITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FEDERATION SKILLS TRUST | £175k | — | 0 | unclear | — | no doubt |
| NATIONAL TRACTION ENGINE TRUST | £105k | — | 0 | above | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND | £219k | — | 0 | within | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| BRITISH MOTOR SPORTS TRAINING TRUST | £122k | — | 0 | unclear | — | no doubt |