THE WIGAN FOUNDATION FOR TECHNICAL EDUCATION
THE OBJECT OF THE CHARITY IS TO ADVANCE THE EDUCATION OF STUDENTS ATTENDING WIGAN & LEIGH COLLEGE. SUPPORT IS PROVIDED PRIMARILY BY MEANS OF HARDSHIP PAYMENTS TO INDIVIDUAL STUDENTS AND BY SUPPORTING OR SUBSIDISING EDUCATIONAL VISITS & ACTIVITIES WHICH ARE OF BENEFIT EITHER TO STUDENTS STUDIES OR WHICH ADVANCE STUDENTS CULTURAL & SOCIAL EDUCATION.
Objects
(1)TO ADVANCE THE EDUCATION OF STUDENTS ATTENDING THE COLLEGE. IF AND SO FAR AS THE INCOME OF THE CHARITY CANNOT BE APPLIED TOWARDS THE OBJECT ABOVE IT MAY BE APPLIED TO PROMOTE THE EDUCATION OF PERSONS UNDER THE AGE OF 25 YEARS WHO ARE IN NEED OF FINANCIAL ASSISTANCE
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £1,422,876 to £1,410,717 due to a net expenditure of £12,159, driven by a loss on investments. The trustees report adequate resources for going concern and maintain a reserves policy to generate sufficient income to fulfil objectives, with unrestricted reserves at £686,615.
What the accounts disclose
“Of this income £36,500 (2024: £36,500) relates to income from rent received and £25,924 (2024: £25,364) relates to investment income.”
“It is the policy of Wigan Foundation for Technical Education to maintain sufficient reserves, both assets and cash, to generate sufficient income to fulfil its objectives in relation to supporting the students of Wigan and Leigh College.” — page 3
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- DIANE BRENNANchair
- Anna Dawe
- GERARD MARTIN BRETHERTON
- JOHN WRIGHT
- Kath Causey
- PHILIP COLLIER
- Sandy Black
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £62k | £50k |
| 31/07/2024 | £62k | £84k |
| 31/07/2023 | £62k | £57k |
| 31/07/2022 | £61k | £62k |
| 31/07/2021 | £61k | £57k |
Common questions
Is THE WIGAN FOUNDATION FOR TECHNICAL EDUCATION financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £1,422,876 to £1,410,717 due to a net expenditure of £12,159, driven by a loss on investments. The trustees report adequate resources for going concern and maintain a reserves policy to generate sufficient income to fulfil objectives, with unrestricted reserves at £686,615. Its FY2025 accounts were independently examined.