SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD

Registered charity 307299 · accounts filings on the Charity Commission register · also known as S E T A

To advance the theoretical and practical education and training of persons engaged or intending to be engaged in the negineering industry.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£3.1m
Latest spending
£2.9m
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income surplus of £155,784 for the year ended 31 August 2025, with total unrestricted funds increasing to £460,549. The trustees note that while reserves are currently below the board's objective of £1,000,000, they consider the current level of £364,455 to be adequate for the furtherance of the charity's objectives. The charity relies heavily on government apprenticeship funding and commercial course delivery, with principal risks identified around funding fluctuations and regulatory compliance.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Apprenticeships funded by the Department for Education (DfE) (54% of income)
“The principal source of funding arises from apprenticeships funded by the Department for Education (DfE) representing 54% (2024: 49%) of income.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £364k; policy: three months of unrestricted expenditure)
“The current level of unrestricted reserves (excluding the fair value reserve) is valued at £364,455 (2024: £220,119) which represents 7% (2024: 7%) of annual costs; the objective set by the board is for this to be increased to £1,000,000 representing 33% of annual costs.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Hopper Williams & Bell Limited. Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/08/2025)

Total income
£3.1m
Total spending
£2.9m
Cost of raising funds
£1k
Reserves (reported)
£302k
Employees
44

Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (54% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire · Southampton City

Income and spending

Financial year endIncomeSpending
31/08/2025£3.1m£2.9m
31/08/2024£3.1m£3.0m
31/08/2023£2.8m£2.8m
31/08/2022£2.5m£2.5m
31/08/2021£2.4m£2.3m

Common questions

Is SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income surplus of £155,784 for the year ended 31 August 2025, with total unrestricted funds increasing to £460,549. The trustees note that while reserves are currently below the board's objective of £1,000,000, they consider the current level of £364,455 to be adequate for the furtherance of the charity's objectives. The charity relies heavily on government apprenticeship funding and commercial course delivery, with principal risks identified around funding fluctuations and regulatory compliance. Its FY2025 accounts were audited by Hopper Williams & Bell Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE STEVE MORGAN FOUNDATION1£371k
SMALLWOOD TRUST1£184k
THE INSTITUTION OF CIVIL ENGINEERS1£143k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD£3.1m——below—no doubt
NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED FY2025£1.1m—0unclear—no doubt
SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED FY2025£2.7m——unclear—no doubt
THE OLDHAM ENGINEERING GROUP TRAINING ASSOCIATION LIMITED FY2024£374kUnder £60,0000above5500.0%no doubt
SOUTH MANCHESTER SPORTS CLUB LIMITED FY2025£113k—0within—no doubt
WOMEN'S TECHNOLOGY TRAINING LIMITED FY2025£1.4m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.