United Learning LTD
Financial health, per its FY2025 accounts
The accounts state that the Charitable Group maintained a financially secure position with total reserves of £1,120.8m and available liquid funds of £123.1m. The group reported a total surplus for the year of £10m, although this was significantly lower than the prior year's £77.1m surplus, partly due to actuarial deficits on pension schemes. The trustees confirmed adequate resources to continue operations for at least twelve months, citing strong cash reserves and modeled cash flow scenarios.
What the accounts disclose
“the ULT Trustees believe the appropriate level of Academies’ restricted general reserves and unrestricted reserves to hold is between 3% and 7% of total recurrent operating income. The UCST Trustees consider that the appropriate level of available liquid funds to hold is equivalent to one month’s expenditure on charitable operating activities.”
“Brake Bros Ltd - a company in which a Trustee of both United Learning Ltd and United Learning Trust (ULT) is Chief Financial Officer. UCST purchased products from Brake Bros Ltd totalling £7,638 (2024: £5,317) during the period for cash consideration. At the year end, £477 was owed to (2024: £160 owed from) Brake Bros Ltd.” — page 94
“ImpactEd Group Limited - a company in which a trustee of ULT is Director. ULT purchased services from ImpactEd Limited (a subsidiary of ImpactEd Group Limited) totalling £98,100 (2024: £27,260) during the period for cash consideration. £720 (2024: £Nil) was owed to ImpactEd Group Limited at the year end.” — page 94
“Brake Bros Ltd - a company in which a Trustee of both United Learning Ltd and United Learning Trust (ULT) is Chief Financial Officer. UCST purchased products from Brake Bros Ltd totalling £7,638 (2024: £5,317) during the period for cash consideration. At the year end, £477 was owed to (2024: £160 owed from) Brake Bros Ltd.” — page 94
“ImpactEd Group Limited - a company in which a trustee of ULT is Director. ULT purchased services from ImpactEd Limited (a subsidiary of ImpactEd Group Limited) totalling £98,100 (2024: £27,260) during the period for cash consideration. £720 (2024: £Nil) was owed to ImpactEd Group Limited at the year end.” — page 94
“Brake Bros Ltd - a company in which a Trustee of both United Learning Ltd and United Learning Trust (ULT) is Chief Financial Officer. UCST purchased products from Brake Bros Ltd totalling £7,638 (2024: £5,317) during the period for cash consideration. At the year end, £477 was owed to (2024: £160 owed from) Brake Bros Ltd.” — page 94
“ImpactEd Group Limited - a company in which a trustee of ULT is Director. ULT purchased services from ImpactEd Limited (a subsidiary of ImpactEd Group Limited) totalling £98,100 (2024: £27,260) during the period for cash consideration. £720 (2024: £Nil) was owed to ImpactEd Group Limited at the year end.” — page 94
Leadership, per the charity’s website
- Sir Jon Coles — Chief Executive
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (08/07/2026)
- Received assets from another charity (05/11/2021)
Trustees
- ANDREW GORDON BALFOUR
- Christian Norman Brodie
- Christie Darren Spurling MBE FRSA
- Dame Reena Keeble
- David Brown
- Dr Rosalind Margaret Given-Wilson
- Edward Francois Vainker
- Melissa Geiger
- Neil Andrew MacDonald OBE
- Ourania Pauline Marandos
- Paul Stuart Mustow
- Rachel Elizabeth Macfarlane
- Sir JONATHAN ANDREW COLES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £790.0m | £771.2m |
| 31/08/2024 | £786.0m | £704.6m |
| 31/08/2023 | £735.6m | £581.6m |
| 31/08/2022 | £521.7m | £525.9m |
| 31/08/2021 | £485.7m | £497.0m |
Common questions
Is United Learning LTD financially healthy?
The accounts state that the Charitable Group maintained a financially secure position with total reserves of £1,120.8m and available liquid funds of £123.1m. The group reported a total surplus for the year of £10m, although this was significantly lower than the prior year's £77.1m surplus, partly due to actuarial deficits on pension schemes. The trustees confirmed adequate resources to continue operations for at least twelve months, citing strong cash reserves and modeled cash flow scenarios. Its FY2025 accounts were audited by Grant Thornton UK LLP.
Who funds United Learning LTD?
Funders whose own accounts filings name United Learning LTD as a grant recipient include THE WORSHIPFUL COMPANY OF ACTUARIES CHARITY.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE WORSHIPFUL COMPANY OF ACTUARIES CHARITY | FY2025 | £2k |