LANCASTER TRAINING SERVICES LIMITED
Education & TrainingRoad Transport and Automotive Trades
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £173,801 for the year ended 31 July 2025, with total unrestricted reserves standing at £2,276,070. Per the trustees' report, these free reserves exceed the stated policy target of £700,000, which represents half of annual running costs. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Training allowances 639,861” — page 23
“The trustees believe that free reserves amounting to one half of annual running costs would be appropriate to this charity, the target level being £700,000.” — page 7
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- GEORGE MICHAEL SIERPINSKI
- RICHARD WARWICK LITTLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.5m | £1.3m |
| 31/07/2024 | £1.5m | £1.3m |
| 31/07/2023 | £1.4m | £1.3m |
| 31/07/2022 | £1.2m | £1.2m |
| 31/07/2021 | £924k | £982k |
Common questions
Is LANCASTER TRAINING SERVICES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £173,801 for the year ended 31 July 2025, with total unrestricted reserves standing at £2,276,070. Per the trustees' report, these free reserves exceed the stated policy target of £700,000, which represents half of annual running costs. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Riverside Accountancy Lancaster Limited.
Charities like this
- NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
- NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION
- LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- OPEN AWARDS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LANCASTER TRAINING SERVICES LIMITED | £1.5m | — | — | above | — | no doubt |
| NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION | £703k | — | 2 | below | — | no doubt |
| LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED | £4.0m | £100,001 - £110,000 | — | below | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |