THE PANASONIC TRUST FOR THE FURTHER EDUCATION AND TRAINING OF ENGINEERS
The Trust is currently funding a regional programme in the Welsh Valleys that provides engineering-focused enhancement and enrichment opportunities for students and teachers in secondary schools and Post-16 as well as a bursary programme to support students progressing on to vocational education. It's aim is to create a local STEM-skilled workforce capable of meeting the region's future needs.
Objects
FOR SUCH CHARITABLE PURPOSES CONNECTED WITH THE ADVANCEMENT OF EDUCATION AND TRAINING IN ENGINEERING GENERALLY AND IN PARTICULAR TO FOSTER AND PROMOTE FOR THE PUBLIC BENEFIT THE FURTHER EDUCATION AND RETRAINING OF ENGINEERS IN NEW TECHOLOGY AND MATERIALS AND IN CHANGES IN DEVELOPMENT IN ENGINEERING AND THEIR SEVERAL APPLICATIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £70,964 for the year, largely driven by grant payments and service charges exceeding investment income. However, the trustees confirm the entity remains a going concern with adequate resources, holding unrestricted funds of £2,139,213 at the balance sheet date. The trustees consider the level of general unrestricted reserves to be satisfactory.
What the accounts disclose
“Dividends, interest receivable 38,754”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- 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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Carl Pocknell MBA, MScchair
- Adrian Driscoll
- Ellena Williams
- Gareth Prideaux Jones
- Helen Walker
- Mark Graham Vasey
- Peter Guthrie
- William Finbar Nolan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £106k | £110k |
| 31/03/2024 | £50k | £68k |
| 31/03/2023 | £54k | £62k |
| 31/03/2022 | £51k | £103k |
| 31/03/2021 | £440k | £178k |
Common questions
Is THE PANASONIC TRUST FOR THE FURTHER EDUCATION AND TRAINING OF ENGINEERS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £70,964 for the year, largely driven by grant payments and service charges exceeding investment income. However, the trustees confirm the entity remains a going concern with adequate resources, holding unrestricted funds of £2,139,213 at the balance sheet date. The trustees consider the level of general unrestricted reserves to be satisfactory.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE INSTITUTION OF CIVIL ENGINEERS | 1 | £143k |
| THE APAX FOUNDATION | 1 | £81k |
| ED DE NUNZIO CHARITABLE TRUST | 1 | £3k |
| THE DAVID BROWNLOW CHARITABLE FOUNDATION | 1 | £250 |
Charities like this
- ENTHUSE CHARITABLE TRUST
- THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- ENGINEERS AGAINST POVERTY
- SMALLPEICE TRUST LIMITED
- THE RECORD CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PANASONIC TRUST FOR THE FURTHER EDUCATION AND TRAINING OF ENGINEERS | £106k | — | 0 | unclear | — | no doubt |
| ENTHUSE CHARITABLE TRUST | £3.4m | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND | £219k | — | 0 | within | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| ENGINEERS AGAINST POVERTY | £2.0m | — | — | above | — | no doubt |
| SMALLPEICE TRUST LIMITED | £2.9m | — | — | unclear | — | no doubt |