MID AND NORTH WALES TRAINING GROUP LIMITED
MID & NORTH WALES TRAINING GROUP LTD is a not for profit Limited Company. The company was formed in 1980 to carry on the work of the previously unincorporated training group originally set up in 1969.Operating in Mid and North Wales. It is the only training group covering manufacturing industry in this area. Work is also undertaken throughout other areas of Wales and England.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £36,670 for the year ended 31 July 2025, bringing total unrestricted funds to £519,511. The trustees report that free reserves of £256,034 are below their stated policy target of six months' operating costs, yet assets remain adequate to meet obligations for the foreseeable future.
What the accounts disclose
“The trustees and directors have established a policy whereby the unrestricted funds not committed or invested in tangible or intangible fixed assets (i.e free reserves) held by the charity should be equivalent to six month operating costs.” — page 6
“WPG provided marketing materials to the value of £243.40” — page 22
“Myrick Training Services provided training courses to NIBS to the value of £215” — page 22
“WPG provided marketing materials to the value of £243.40” — page 22
“Myrick Training Services provided training courses to NIBS to the value of £215” — page 22
“WPG provided marketing materials to the value of £243.40” — page 22
“Myrick Training Services provided training courses to NIBS to the value of £215” — page 22
“The charity controls Mid Wales Manufacturing Group Limited, a company limited by guarantee.” — page 19
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- BRENDAN NEIL MURRAYchair
- CHRISTOPHER GILLIARD
- Dr Julie Jones
- John Andrew Bebb
- MICHAEL DAVID MILLS
- Michael Dennis Miles
- Peter James Webber
- ROBERT BENYON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £539k | £502k |
| 31/07/2024 | £444k | £395k |
| 31/07/2023 | £346k | £347k |
| 31/07/2022 | £383k | £354k |
| 31/07/2021 | £340k | £327k |
Common questions
Is MID AND NORTH WALES TRAINING GROUP LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £36,670 for the year ended 31 July 2025, bringing total unrestricted funds to £519,511. The trustees report that free reserves of £256,034 are below their stated policy target of six months' operating costs, yet assets remain adequate to meet obligations for the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/12/2018 | £10k | Myrick House, Home of the Community |
Charities like this
- TYNE NORTH TRAINING LIMITED
- MIDLAND GROUP TRAINING SERVICES LIMITED
- NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION
- HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED
- WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED
- NORTH STAFFORDSHIRE 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 |
|---|---|---|---|---|---|---|
| MID AND NORTH WALES TRAINING GROUP LIMITED | £539k | — | 0 | unclear | — | no doubt |
| TYNE NORTH TRAINING LIMITED | £1.5m | £60,001 - £70,000 | 2 | above | — | no doubt |
| MIDLAND GROUP TRAINING SERVICES LIMITED | £4.7m | — | — | below | — | no doubt |
| NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION | £703k | — | 2 | below | — | no doubt |
| HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED | £4.6m | — | — | unclear | — | no doubt |
| WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED | £816k | — | 0 | unclear | — | no doubt |