NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
Training and education.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £189,976 for the year ended 31 August 2025, with total unrestricted funds increasing to £2,496,537. The trustees report that cash reserves of £1,180,000 are sufficient to fund new service opportunities and cover capital investment repairs. The independent auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The cash reserves of £1,180,000 (after deducting certain fund designations) meet these requirements.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- ANDREW JOHN SIMSchair
- EDWIN SIMS
- IAN WILLIAM RAESIDE
- Joshua Bailey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.1m | £910k |
| 31/08/2024 | £1.2m | £831k |
| 31/08/2023 | £987k | £792k |
| 31/08/2022 | £1.1m | £711k |
| 31/08/2021 | £829k | £584k |
Common questions
Is NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £189,976 for the year ended 31 August 2025, with total unrestricted funds increasing to £2,496,537. The trustees report that cash reserves of £1,180,000 are sufficient to fund new service opportunities and cover capital investment repairs. The independent auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Geens Limited.
Charities like this
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED
- TYNE NORTH TRAINING LIMITED
- NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- OPEN AWARDS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED | £2.7m | — | — | unclear | — | no doubt |
| TYNE NORTH TRAINING LIMITED | £1.5m | £60,001 - £70,000 | 2 | above | — | no doubt |
| NORTH HUMBERSIDE MOTOR TRADES GROUP TRAINING ASSOCIATION | £703k | — | 2 | below | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |