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ELECTRICAL CONTRACTING INDUSTRY FURTHER EDUCATION FUND

Registered charity 313242 · accounts filings on the Charity Commission register · also known as JIB SKILLS DEVELOPMENT FUND

Provides grants to JIB operatives and JIB registered apprentices, who wish to undertake further education or training in the Electrotechnical sector over and above what is required under the JIB grading structure. Funding is also open to anybody who wishes to undertake research as a whole and there is discretionary funding for the unemployed within the sector.

Causes: Education/training · website · Get email alerts

Latest income
£63k
Latest spending
£59k
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £742,660 as of 31 December 2025, up from £684,077 in the previous year, driven by a surplus and investment gains. The trustees report that sufficient reserves are in place to meet the charity's objectives and continue funding allocations. The independent examiner confirmed that no material matters came to their attention that would indicate non-compliance or a lack of true and fair view.

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

What the accounts disclose

Reserves policy: Sufficient reserves are to be maintained to allow the appropriate levels of allocations to continue in future years. (held: £743k)
“Sufficient reserves are to be maintained to allow the appropriate levels of allocations to continue in future years.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Joint Industry Board for the Electrical Contracting Industry donated £50,000 (2024: £55,000) to the charity, which was not received until after the year end.
“At the 31st December 2025 the fund was owed £49,196 (2024: £39 owed to) by the Joint Industry Board for the Electrical Contracting Industry. The Joint Industry Board for the Electrical Contracting Industry donated £50,000 (2024: £55,000) to the charity, which was not received until after the year end.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Northern Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£63k£59k
31/12/2024£66k£21k
31/12/2023£60k£24k
31/12/2022£56k£14k
31/12/2021£55k£45k

Common questions

Is ELECTRICAL CONTRACTING INDUSTRY FURTHER EDUCATION FUND financially healthy?

Per its FY2025 accounts: The accounts state that total funds increased to £742,660 as of 31 December 2025, up from £684,077 in the previous year, driven by a surplus and investment gains. The trustees report that sufficient reserves are in place to meet the charity's objectives and continue funding allocations. The independent examiner confirmed that no material matters came to their attention that would indicate non-compliance or a lack of true and fair view. Its FY2025 accounts were independently examined.