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HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED

Registered charity 512976 · accounts filings on the Charity Commission register · also known as HEREFORD ENGINEERING GROUP TRAINING SCHEME LIMITED, HEREFORDSHIRE ENGINEERING GROUP TRAINING SCHEME LIMITED, HEREFORDSHIRE GROUP TRAINING ASSOCIATION, HEREFORDSHIRE GROUP TRAINING ASSOCIATION LIMITED

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Latest income
£4.6m
Latest spending
£4.3m
Registered
1982
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure deficit of £142,506 for the year ended 31 July 2023, driven by lower-than-budgeted apprenticeship starts and higher costs. Despite this deficit, the trustees consider the charity a viable going concern, citing strong demand for apprenticeships and free reserves of £3,720,408 held primarily in cash at bank.

What the accounts disclose

Accounts audited by Thorne Widgery Accountancy Ltd. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£4.6m
Total spending
£4.3m
Cost of raising funds
£12k
Reserves (reported)
£532k
Employees
58

Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Herefordshire · Worcestershire

Income and spending

Financial year endIncomeSpending
31/07/2025£4.6m£4.3m
31/07/2024£4.0m£3.9m
31/07/2023£3.5m£3.6m
31/07/2022£3.3m£3.3m
31/07/2021£3.1m£2.7m

Common questions

Is HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED financially healthy?

The accounts state that the charity reported a net expenditure deficit of £142,506 for the year ended 31 July 2023, driven by lower-than-budgeted apprenticeship starts and higher costs. Despite this deficit, the trustees consider the charity a viable going concern, citing strong demand for apprenticeships and free reserves of £3,720,408 held primarily in cash at bank. Its FY2023 accounts were audited by Thorne Widgery Accountancy Ltd.