WINE AND SPIRIT EDUCATION TRUST
Promotion provision and development of high quality education and training in wines and spirits, in the United Kingdom and elsewhere, for those who are engaged in the wine and spirit trade or who intend to be so engaged or connected and members of the general public.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £1.3m, driven by property revaluations, while operational EBITDA fell to £3.0m against a target of £4.1m due to economic conditions. Unrestricted general reserves stand at £4.1m, which is below the stated long-term policy target of three months' costs (£5.4m), providing just over 2.5 months' cover. The charity continues as a going concern with adequate resources, despite having breached loan covenants during the year.
What the accounts disclose
“Monthly operational expenditure stands at approximately £1.8m, therefore general reserves provide just over 2.5 months’ cover. The WSET has a long-term group reserves policy based on three months’ costs, currently £5.4m.” — page 8
“Miles Beale is a member of the Board of the Wine & Spirit Trade Association, that is a tenant of the WSET for accommodation with a rental value of £55,000 per annum.” — page 37
“WSET also donated £12,000 towards Drinks United Fund in the year.”
“Miles Beale is a member of the Board of the Wine & Spirit Trade Association, that is a tenant of the WSET for accommodation with a rental value of £55,000 per annum.” — page 37
“WSET also donated £12,000 towards Drinks United Fund in the year.”
“Miles Beale is a member of the Board of the Wine & Spirit Trade Association, that is a tenant of the WSET for accommodation with a rental value of £55,000 per annum.” — page 37
“WSET also donated £12,000 towards Drinks United Fund in the year.”
“Miles Beale is a member of the Board of the Wine & Spirit Trade Association, that is a tenant of the WSET for accommodation with a rental value of £55,000 per annum.” — page 37
“WSET also donated £12,000 towards Drinks United Fund in the year.”
“Miles Beale is a member of the Board of the Wine & Spirit Trade Association, that is a tenant of the WSET for accommodation with a rental value of £55,000 per annum.” — page 37
“WSET also donated £12,000 towards Drinks United Fund in the year.”
Leadership, per the charity’s website
- Rachel Webster — Global APP Development Director
- Christine Kamine — Head of APP Development – Americas
- Sarah Andrew — Head of APP Development – APAC
- Willa Yang — Chief Representative Officer
- Cara Powell — Head of APP Development – EMEA
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Andrew Francis de Camborne Paynter
- Georgie Bell
- Jolyon Thornton
- Lulie Halstead
- Miles Beale
- Regine Marisa Lee
- Sukhinder Singh
- Tamara Jane Larder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £22.7m | £21.4m |
| 31/07/2024 | £22.9m | £23.2m |
| 31/07/2023 | £22.1m | £22.6m |
| 31/07/2022 | £17.2m | £18.4m |
| 31/07/2021 | £16.2m | £15.7m |
Common questions
Is WINE AND SPIRIT EDUCATION TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £1.3m, driven by property revaluations, while operational EBITDA fell to £3.0m against a target of £4.1m due to economic conditions. Unrestricted general reserves stand at £4.1m, which is below the stated long-term policy target of three months' costs (£5.4m), providing just over 2.5 months' cover. The charity continues as a going concern with adequate resources, despite having breached loan covenants during the year. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds WINE AND SPIRIT EDUCATION TRUST?
Funders whose own accounts filings name WINE AND SPIRIT EDUCATION TRUST as a grant recipient include Academie du Vin Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Academie du Vin Foundation | FY2022 | £20k | |
| Academie du Vin Foundation | FY2023 | £12k |
Funders of similar charities
Charities like this
- Academie du Vin Foundation
- THE FOOD AND DRINK TRAINING AND EDUCATION COUNCIL LIMITED
- NEW WINE INTERNATIONAL
- THE LICENSED TRADE CHARITY
- THE EDUCATION AND TRAINING FOUNDATION
- THE VINTNERS' FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WINE AND SPIRIT EDUCATION TRUST | £22.7m | — | — | below | — | no doubt |
| Academie du Vin Foundation | £612k | — | 0 | unclear | — | no doubt |
| THE FOOD AND DRINK TRAINING AND EDUCATION COUNCIL LIMITED | £1.5m | — | — | unclear | — | no doubt |
| NEW WINE INTERNATIONAL | £1.6m | — | — | unclear | — | no doubt |
| THE LICENSED TRADE CHARITY | £29.8m | — | — | unclear | — | no doubt |
| THE EDUCATION AND TRAINING FOUNDATION | £20.4m | — | — | above | — | no doubt |