EAST LINDSEY INFORMATION TECHNOLOGY CENTRE
Operating in Lincolnshire, First College seeks to deliver high quality learning that raises participation and attainment, that meets the individual needs of Learners through collaborative partnership working and employer engagement. Specifically we deliver Apprenticeships, Traineeships and vocational training to a wide range of local people. Other activities include supporting unemployed people.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £93,626 for the year ended 31 July 2025, resulting in a decrease in total reserves from £872,495 to £778,869. Per the trustees' report, free reserves of £613,098 remain above the stated policy target of £456,000, and the trustees maintain that the charity has adequate resources to continue as a going concern.
What the accounts disclose
“In the band £60,001 - £70,000” — page 31
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Group 2025 No. In the band £60,001 - £70,000 1” — page 31
“The trustees have determined that the appropriate level of free reserves should be three months running costs and a planned closure which are estimated at £456,000.” — page 7
“Some of the trustees are mutual directors for companies that purchase training services from the company. The services provided are not on preferential terms.” — page 40
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
In the news
- Friendship & Festivities – Nelson and Wellington Honour First College Rugby Game
- London's first college for adults with autism opens in Tottenham and Isleworth
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Paul McCooeychair
- Craig Cooksley
- LOUIS HARMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.2m | £1.3m |
| 31/07/2024 | £1.4m | £1.3m |
| 31/07/2023 | £1.4m | £1.7m |
| 31/07/2022 | £1.5m | £1.4m |
| 31/07/2021 | £1.1m | £1.2m |
Common questions
Is EAST LINDSEY INFORMATION TECHNOLOGY CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £93,626 for the year ended 31 July 2025, resulting in a decrease in total reserves from £872,495 to £778,869. Per the trustees' report, free reserves of £613,098 remain above the stated policy target of £456,000, and the trustees maintain that the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by Streets Audit LLP.
What does the highest-paid employee of EAST LINDSEY INFORMATION TECHNOLOGY CENTRE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £3.7m |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £1.8m |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.1m |
| GARFIELD WESTON FOUNDATION | 1 | £1.0m |
| THE DHL UK FOUNDATION | 1 | £750k |
| THE BURBERRY FOUNDATION | 1 | £682k |
| MISSION44 | 1 | £540k |
| THE FIDELITY UK FOUNDATION | 1 | £335k |
Charities like this
- FIRST RUNG LTD
- LANCASHIRE FIRST CIO
- 1ST PLACE CHILDREN AND PARENTS' CENTRE LTD
- FIRSTSITE LIMITED
- TEACH FIRST
- Citizens Advice Lincoln & Lindsey
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EAST LINDSEY INFORMATION TECHNOLOGY CENTRE | £1.2m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| FIRST RUNG LTD | £2.3m | — | — | within | — | no doubt |
| LANCASHIRE FIRST CIO | £154k | — | 0 | unclear | — | no doubt |
| 1ST PLACE CHILDREN AND PARENTS' CENTRE LTD | £3.5m | £60,001 - £70,000 | 1 | below | 0.0% | no doubt |
| FIRSTSITE LIMITED | £2.4m | — | — | unclear | — | no doubt |
| TEACH FIRST | £58.3m | — | — | unclear | — | no doubt |