HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED
Humberside Engineering Training Association (HETA) Ltd delivers a range of engineering training to children, young people and adults, including workshop taster sessions, advanced & higher apprenticeships, HNC, HND and workforce skills development training.
Financial health, per its FY2025 accounts
The accounts state that the charity generated an operating surplus of £761,239 for the year ended 31st August 2025, with total unrestricted funds increasing to £9,123,524. The trustees report that the charity wholly owns two of its three training centres after paying off bank loans, although unrestricted cash reserves dropped to 21% of employment costs, below the stated policy target of 50-150%. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Apprentice Training 5,563,746” — page 18
“The charity will aim to hold, non-committed, end of year cash reserves of not less than 50% and not more than 150% of the total annual staff and contractor employment costs.” — page 6
“Debtor and creditor balances within the charity's subsidiary company are shown in notes 12 & 13. All balances are interest free and repayable on demand. During the year key management personnel remuneration of £446,237 (2024: £318,765) was paid. There are no further related party transactions that require to be disclosed.” — page 31
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Ian Christopher Palmerchair
- Brian Houston
- David John Oliver
- Dr David Ian Richards
- Elliott James Greenfield
- Gareth David Andrew Powell
- Karen Anne Johnson
- Karen Robinson
- LEE JOHN DRURY
- Mark Richard Brunton
- Nicholas Martinez-Alstrom
- Samuel Thomas Dearing
- Timothy Mottershead
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £7.6m | £6.9m |
| 31/08/2024 | £7.4m | £6.5m |
| 31/08/2023 | £6.2m | £5.8m |
| 31/08/2022 | £5.6m | £5.3m |
| 31/08/2021 | £5.1m | £4.9m |
Common questions
Is HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an operating surplus of £761,239 for the year ended 31st August 2025, with total unrestricted funds increasing to £9,123,524. The trustees report that the charity wholly owns two of its three training centres after paying off bank loans, although unrestricted cash reserves dropped to 21% of employment costs, below the stated policy target of 50-150%. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Sadofskys.
Charities like this
- SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED
- NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- DERWENT TRAINING ASSOCIATION
- NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
- THE OLDHAM ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED | £7.6m | — | — | unclear | — | no doubt |
| SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED | £2.7m | — | — | unclear | — | no doubt |
| NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION | £703k | — | 2 | below | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| DERWENT TRAINING ASSOCIATION | £1.1m | — | — | unclear | — | no doubt |
| NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |