SIGTA LIMITED (SOUTHERN INDUSTRIES GROUP TRAINING ASSOCIATION)
Training and Development
Objects
TO ADVANCE THE THEORETICAL AND PRACTICAL EDUCATION AND TRAINING OR PERSONS ENGAGED OR INTENDING TO BE ENGAGED IN THE ENGINEERING INDUSTRY AS DEFINED IN LEGISLATION ENACTED UNDER THE INDUSTRIAL TRAINING ACT 1964.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a trading loss of £59,919 for the year ended 31 August 2025, continuing a trend of reduced recruitment impacts from the pandemic, although the loss has decreased year-on-year. Per the trustees' report, free reserves were a deficit of £41,214 after accounting for fixed assets, which is below the stated policy target of £400,000. The Board remains confident in the organization's operational continuity and future growth despite the financial deficit.
What the accounts disclose
“Apprentice Income Training provision 531,044” — page 13
“The Board considers a reserve level of £400,000 to be appropriate for this purpose”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 01180144 · Financial health read from its filings
Company officers (Companies House)
- FOXWELL, Alison Jane on trustee list
- JONES, Michael John on trustee list
- POTTER, Denise Mary on trustee list
- SCOTT, Phil
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Michael John Joneschair
- Alison Jane Foxwell
- DENISE MARY POTTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £636k | £697k |
| 31/08/2024 | £542k | £648k |
| 31/08/2023 | £395k | £551k |
| 31/08/2022 | £401k | £506k |
| 31/08/2021 | £343k | £444k |
Common questions
Is SIGTA LIMITED (SOUTHERN INDUSTRIES GROUP TRAINING ASSOCIATION) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a trading loss of £59,919 for the year ended 31 August 2025, continuing a trend of reduced recruitment impacts from the pandemic, although the loss has decreased year-on-year. Per the trustees' report, free reserves were a deficit of £41,214 after accounting for fixed assets, which is below the stated policy target of £400,000. The Board remains confident in the organization's operational continuity and future growth despite the financial deficit. Its FY2025 accounts were independently examined.