TEACHER DEVELOPMENT TRUST CIO
Financial health, per its FY2025 accounts
The accounts state that the charity is preparing its financial statements on a basis other than going concern due to an approved plan for a managed wind down and merger during the 2026-27 financial year. Per the trustees' report, the charity holds sufficient reserves to cover all forecast wind down costs, including staffing and contractual obligations, with no trading forecast beyond the conclusion of this process.
What the accounts disclose
“We draw attention to Note 1.2 to the financial statements which explains that the trustees intend to look for a merger or perform a managed closure of the charity and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.” — page 12
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/04/2024)
Trustees
- Andrea Felicity Carrchair
- Arvi Antti Ilmari Luoma
- Chloe Rose Saklow
- Edward John Dorrell
- Harjit Kaur Athwal
- Mathilda Jane Pynegar
- Michael Lewis Shaw
- Prof Carole Samantha Twiselton
- Sally Claire Spence
- Victoria Merrick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £2.8m |
| 31/03/2024 | £2.9m | £2.9m |
Common questions
Is TEACHER DEVELOPMENT TRUST CIO financially healthy?
The accounts state that the charity is preparing its financial statements on a basis other than going concern due to an approved plan for a managed wind down and merger during the 2026-27 financial year. Per the trustees' report, the charity holds sufficient reserves to cover all forecast wind down costs, including staffing and contractual obligations, with no trading forecast beyond the conclusion of this process. Its FY2025 accounts were audited by Haines Watts Swindon Limited.