THE CITY AND GUILDS OF LONDON INSTITUTE
Providing internationally recognised qualifications, awards, assessments and support for individuals and organisations in the United Kingdom and overseas across a wide range of occupations in industry, commerce, the public services and elsewhere.
Financial health, per its FY2025 accounts
The accounts state that the Group reported a net surplus of £0.6m for the year ended 31 August 2025, with total income of £174.8m and total expenditure of £182.4m. Per the trustees' report, the charity holds free reserves of £46.1m, which is slightly below the deemed appropriate level of £46.6m, and maintains a cash balance of £16.7m. The financial position was further secured by a post-balance sheet divestment of commercial operations to PeopleCert Group, which generated estimated net proceeds of £166m.
What the accounts disclose
“Of total income, 64% (2023-24: 61%) is classed as educational in the Financial Statements.”
“The level of free reserves deemed appropriate for the Group at 31 August 2025 was £46.6m (2024: £34.3m). The value of the actual free reserves at 31 August 2025 was £46.1m”
“On 21 April 2022, the Institute signed a Deed of Guarantee to become primary obliger in guaranteeing the obligations and liabilities of its subsidiary Intertrain UK Limited” — page 38
“On 11 September 2023, the Institute provided a standby letter of credit for £350,000 in respect of card payment and banking facilities related to TradeSkills 4U Limited.” — page 38
“On 21 April 2022, the Institute signed a Deed of Guarantee to become primary obliger in guaranteeing the obligations and liabilities of its subsidiary Intertrain UK Limited” — page 38
“On 11 September 2023, the Institute provided a standby letter of credit for £350,000 in respect of card payment and banking facilities related to TradeSkills 4U Limited.” — page 38
“At 31 August 2025, the funding of the defined benefit City and Guilds (1966) Pension Scheme was in deficit by £14.2m (2024: £17.6m).”
Charity Commission inquiry
In the news
- WorldSkills UK boss to lead City & Guilds Foundation
- “Culinary father figure” Michael Kitts awarded Fellowship of The City and Guilds of London Institute
- “Culinary father figure” Michael Kitts awarded Fellowship of The City and Guilds of London Institute
- MP John Hayes granted Fellowship of the City and Guilds of London Institute
Leadership, per the charity’s website
- Interim CEO — Interim CEO
- Polly Rowe — Senior Impact, Programme and Engagement Manager
- Lan Che — Awards Manager
- Lauren Roberts — Advocacy Lead
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Andy Marchant
- DICK PALMER
- FRANK LANZA DOUGLAS
- Ian Ailles
- JANE ELIZABETH GIBBON
- Jessica Leigh Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £174.8m | £182.4m |
| 31/08/2024 | £174.1m | £174.6m |
| 31/08/2023 | £159.0m | £167.9m |
| 31/08/2022 | £142.5m | £146.9m |
| 31/08/2021 | £129.9m | £137.4m |
Common questions
Is THE CITY AND GUILDS OF LONDON INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that the Group reported a net surplus of £0.6m for the year ended 31 August 2025, with total income of £174.8m and total expenditure of £182.4m. Per the trustees' report, the charity holds free reserves of £46.1m, which is slightly below the deemed appropriate level of £46.6m, and maintains a cash balance of £16.7m. The financial position was further secured by a post-balance sheet divestment of commercial operations to PeopleCert Group, which generated estimated net proceeds of £166m. Its FY2025 accounts were audited by BDO LLP.
Who funds THE CITY AND GUILDS OF LONDON INSTITUTE?
Funders whose own accounts filings name THE CITY AND GUILDS OF LONDON INSTITUTE as a grant recipient include THE FEDERATION OF GROUNDWORK TRUSTS, THE DE LASZLO FOUNDATION, THE VANDERVELL FOUNDATION, TALLOW CHANDLERS BENEVOLENT FUND NO 2, THE CARPENTERS COMPANY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE FEDERATION OF GROUNDWORK TRUSTS | FY2022 | £66k | Grant from list of funders thanked |
| THE DE LASZLO FOUNDATION | FY2024 | £35k | Student support |
| THE VANDERVELL FOUNDATION | FY2022 | £18k | Advancement of education |
| TALLOW CHANDLERS BENEVOLENT FUND NO 2 | FY2024 | £10k | |
| THE CARPENTERS COMPANY CHARITABLE TRUST | FY2022 | £10k | Miscellaneous / City & Guilds |
| THE CARPENTERS COMPANY CHARITABLE TRUST | FY2023 | £10k | Other education |
| THE CARPENTERS COMPANY CHARITABLE TRUST | FY2025 | £10k | Grants to institutions |
| THE CARPENTERS COMPANY CHARITABLE TRUST | FY2024 | £10k | Education/Training |
| SALTERS' CHARITABLE FOUNDATION | FY2023 | £5k | Relief of Need - Bursaries and education |
| THE VANDERVELL FOUNDATION | FY2024 | £5k | Advancement of education |
| THE DYERS' COMPANY CHARITABLE TRUST | FY2024 | £5k | Education and the Young |
| The Merchant Taylors' Foundation | FY2022 | £5k | Education (from unrestricted funds) |
| THE VANDERVELL FOUNDATION | FY2021 | £5k | Advancement of education |
| SALTERS' CHARITABLE FOUNDATION | FY2022 | £2k | Relief of Need - Bursaries and education |
| SALTERS' CHARITABLE FOUNDATION | FY2025 | £2k | Relief of Need - Bursaries and education |
| SALTERS' CHARITABLE FOUNDATION | FY2024 | £2k | Relief of Need - Bursaries and education |
| THE GOLSONCOTT FOUNDATION | FY2024 | £1k | |
| THE WEAVERS' COMPANY BENEVOLENT FUND | FY2023 | £500 | Grant from unrestricted funds |
| THE WORSHIPFUL COMPANY OF CUTLERS GENERAL CHARITABLE FUND | FY2022 | £500 | City and Guilds of London Institute prize and The Fox Medal |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL FEMALE SCHOOL OF ART FOUNDATION | 1 | £35k |
| BNA CHARITABLE INCORPORATED ORGANISATION | 1 | £19k |
| THE GOSLING FOUNDATION LIMITED | 1 | £10k |
Charities like this
- SKILLS AND EDUCATION GROUP AWARDS LIMITED
- THE CHARTERED QUALITY INSTITUTE
- CVQO LTD
- LYCEE INTERNATIONAL DE LONDRES
- NOCN
- CITY OF LONDON CRIME PREVENTION ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CITY AND GUILDS OF LONDON INSTITUTE | £174.8m | — | — | below | — | no doubt |
| SKILLS AND EDUCATION GROUP AWARDS LIMITED | £3.0m | — | 0 | above | — | no doubt |
| THE CHARTERED QUALITY INSTITUTE | £7.3m | — | — | above | — | no doubt |
| CVQO LTD | £3.9m | — | 3 | unclear | — | no doubt |
| LYCEE INTERNATIONAL DE LONDRES | £13.9m | — | — | below | — | no doubt |
| NOCN | £20.1m | — | — | within | — | no doubt |