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THE WIGAN FOUNDATION FOR TECHNICAL EDUCATION

Registered charity 526129 · accounts filings on the Charity Commission register · also known as 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.

Causes: Education/training · Get email alerts

Latest income
£62k
Latest spending
£50k
Registered
1974
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: rent (58% of income)
“Of this income £36,500 (2024: £36,500) relates to income from rent received and £25,924 (2024: £25,364) relates to investment income.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 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 (held: £687k)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Wigan

Income and spending

Financial year endIncomeSpending
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.