WARRINGTON TRAINING TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £(566,358) for the year, driven largely by a £638,791 revaluation loss on its investment property. While unrestricted reserves stand at £374,927, the trustees note that the unrestricted fund is technically in deficit of £781,986 when fixed assets are considered, with free cash available being only £9,000. The trustees acknowledge that cashflows are restrictive due to debt levels but maintain the going concern basis after reviewing future budgets.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.3.24 1” — page 20
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.3.24 1” — page 20
“The Trustees have established a policy whereby any unrestricted funds, not committed or invested in tangible fixed assets, are to be invested so that the charity will be able to meet the expected capital and running cost for the next 12 months of approximately £450,000.” — page 4
“The trustees consider that the charity is a going concern having reviewed the budgets and cashflows for the next 12 months. The free cash position has always been a concern and the trustees are working to improve the free cash available to enable the charity to carry out the charity's objectives and aims.” — page 4
“Mr B Dunnett was appointed as a director/trustee on the 16th December 2008. The Charity Commission gave dispensation on 10th December 2008 to allow Mr B Dunnett to continues his employment as business site manager and financial accountant for which he receives an annual salary.” — page 19
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Alan Arthur Edwards
- BARRY DUNNETT
- Peter Davies
- Peter John Shaw
- Stephen Frank Timms
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £419k | £625k |
| 31/03/2024 | £434k | £430k |
| 31/03/2023 | £464k | £413k |
| 31/03/2022 | £506k | £473k |
| 31/03/2021 | £477k | £481k |
Common questions
Is WARRINGTON TRAINING TRUST LIMITED financially healthy?
The accounts state that the charity reported a net movement in funds of £(566,358) for the year, driven largely by a £638,791 revaluation loss on its investment property. While unrestricted reserves stand at £374,927, the trustees note that the unrestricted fund is technically in deficit of £781,986 when fixed assets are considered, with free cash available being only £9,000. The trustees acknowledge that cashflows are restrictive due to debt levels but maintain the going concern basis after reviewing future budgets. Its FY2024 accounts were independently examined.
What does the highest-paid employee of WARRINGTON TRAINING TRUST LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.