ROCHDALE TRAINING ASSOCIATION LIMITED
The company exists to support local companies by maintaining a training centre and providing and supporting courses of study and training for students, with a view to securing appointments or promotion and obtaining accredited qualifications. To achieve this the charity operates a variety of training and skill assessment services.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource surplus of £143,550 for the year ended 31 July 2025, with total income of £3,596,791. Per the trustees' report, free reserves stood at £2,086,290, which exceeds the stated policy target range of £863,703 to £1,727,406. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The Council of Management has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be approximately 3-6 months of the resources expended, which equates to £863,703 - £1,727,406 in general funds.” — page 6
“Andrew Nagy is the husband of Jill Nagy (Chief Executive). During the year ended 31st July, 2025 Rochdale Training Association Limited incurred expenditure totalling £2,500 (2024: £6,810) on tutor services provided by Andrew Nagy.” — page 36
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| YPO | YPO - 001086 Apprenticeships | — | — |
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- ANDREW JONATHAN WILDINGchair
- Heather Ellison
- Joanne Haworth-King
- LAURA JEAN NATALE
- Lee Anthony Matthews
- Mary McGrath
- ROBERT JAMES BEETHAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £3.6m | £3.5m |
| 31/07/2024 | £3.1m | £2.9m |
| 31/07/2023 | £2.5m | £2.4m |
| 31/07/2022 | £2.3m | £2.3m |
| 31/07/2021 | £2.3m | £2.2m |
Common questions
Is ROCHDALE TRAINING ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource surplus of £143,550 for the year ended 31 July 2025, with total income of £3,596,791. Per the trustees' report, free reserves stood at £2,086,290, which exceeds the stated policy target range of £863,703 to £1,727,406. The auditor confirmed that resources are adequate to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by Ashworth Moulds.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROCHDALE TRAINING ASSOCIATION LIMITED | £3.6m | — | — | above | — | no doubt |
| NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION | £703k | — | 2 | below | — | no doubt |
| TYNE NORTH TRAINING LIMITED | £1.5m | £60,001 - £70,000 | 2 | above | — | no doubt |
| NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED | £4.6m | — | — | unclear | — | no doubt |
| HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED | £7.6m | — | — | unclear | — | no doubt |