S W DURHAM TRAINING LIMITED
Latest income
£1.3m
Latest spending
£1.4m
Registered
1986
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £121,394 for the year ended 31 July 2025, following a surplus in the prior year. Per the trustees' report, free reserves stood at £874,605, which is above the stated policy target of £500,000, and the trustees forecast a return to surplus in the following year.
What the accounts disclose
Reserves policy: 6 months of cash expenditure, excluding Group recharges; £500k (held: £875k)
“In order to be prepared for these eventualities target reserves equating to 6 months of cash expenditure, excluding Group recharges, are deemed appropriate; £500k.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions group entities.
“The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions group entities.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 00918178
Structured financials (annual return, FY ending 31/07/2025)
Total income
£1.3m
Total spending
£1.4m
Reserves (reported)
£3.0m
Employees
12
Trustees
- Dr David Bell
- James Alexander Robson
- Keith Ivory
- Mark Henderson
- Robert 'Bobby' Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.3m | £1.4m |
| 31/07/2024 | £1.6m | £1.4m |
| 31/07/2023 | £1.2m | £1.2m |
| 31/07/2022 | £1.2m | £1.3m |
| 31/07/2021 | £1.4m | £1.4m |
Common questions
Is S W DURHAM TRAINING LIMITED financially healthy?
The accounts state that the charity reported a deficit of £121,394 for the year ended 31 July 2025, following a surplus in the prior year. Per the trustees' report, free reserves stood at £874,605, which is above the stated policy target of £500,000, and the trustees forecast a return to surplus in the following year. Its FY2025 accounts were audited by Armstrong Watson.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STEVE MORGAN FOUNDATION | 1 | £95k |
| CHARITY OF CHARLES CLEMENT WALKER (COMMONLY KNOWN AS THE WALKER TRUST) | 1 | £39k |
| THE MILLICHOPE FOUNDATION | 1 | £3k |