MIDLAND GROUP TRAINING SERVICES LIMITED
PROVISION OF EDUCATION AND TRAINING
Objects
(A) TO ADVANCE THE THEORETICAL AND PRACTICAL EDUCATION AND TRAINING OF PERSONS ENGAGED OR INTENDING TO BE ENGAGED IN ENGINEERING, GENERAL INDUSTRIAL AND COMMERCIAL ACTIVITIES. (B) SUBJECT TO THE FOREGOING OBJECT, TO EXTEND SUCH PROVISION OR ASSISTANCE TO THE TRAINING OR EDUCATION OF MEMBERS OF THE PUBLIC GENERALLY IN CONNECTION WITH ENGINEERING, GENERAL INDUSTRIAL AND COMMERCIAL ACTIVITIES. (FOR FURTHER DETAILS SEE CLAUSE 3 OF THE MEMORANDUM OF ASSOCIATION)
Financial health, per its FY2025 accounts
The accounts state that the charity generated an unrestricted surplus of £191,364 for the year ended 31 March 2025, with total unrestricted income of £4.7m and expenditure of £4.56m. Per the trustees' report, free reserves stood at £1.29 million, which is below the stated policy target of six months of budgeted expenditure (£2.17 million), although the trustees note this is effectively addressed by a long-term investment portfolio valued at £0.9 million.
What the accounts disclose
“Apprentice training income represented 75% of income”
“The actual free reserves on that date stood at £1.29 million, a shortfall of £0.88 million compared to the target.” — page 7
“To allow the charitable company to trade in activities complementary to its objects a subsidiary company 'MGTS Business and Training Services Limited' was incorporated on 22 September 2000.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- GILES FREDERICK LAWTONchair
- Carolyn Bell
- Daniel William Montgomery
- Ian James Yoxen
- JILL PETA MUSTARD
- KEVAN ROBERT KANE
- Neil Trevor Foster
- Tracy Reynolds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.7m | £4.6m |
| 31/03/2024 | £4.8m | £4.4m |
| 31/03/2023 | £4.5m | £4.3m |
| 31/03/2022 | £4.5m | £4.4m |
| 31/03/2021 | £3.8m | £7.4m |
Common questions
Is MIDLAND GROUP TRAINING SERVICES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an unrestricted surplus of £191,364 for the year ended 31 March 2025, with total unrestricted income of £4.7m and expenditure of £4.56m. Per the trustees' report, free reserves stood at £1.29 million, which is below the stated policy target of six months of budgeted expenditure (£2.17 million), although the trustees note this is effectively addressed by a long-term investment portfolio valued at £0.9 million. Its FY2025 accounts were audited by Luckmans Duckett Parker Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £60k |
| MANOE FAMILY | 1 | £51k |
| EAST END COMMUNITY FOUNDATION | 1 | £10k |
Charities like this
- MID AND NORTH WALES TRAINING GROUP LIMITED
- MIDLAND MENCAP
- HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED
- NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
- THE STOCKPORT ENGINEERING TRAINING ASSOCIATION
- MIDLANDS BUDDHIST ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MIDLAND GROUP TRAINING SERVICES LIMITED | £4.7m | — | — | below | — | no doubt |
| MID AND NORTH WALES TRAINING GROUP LIMITED | £539k | — | 0 | unclear | — | no doubt |
| MIDLAND MENCAP | £10.8m | £100,001 - £110,000 | 2 | above | — | no doubt |
| HEREFORDSHIRE AND WORCESTERSHIRE GROUP TRAINING ASSOCIATION LIMITED | £4.6m | — | — | unclear | — | no doubt |
| NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| THE STOCKPORT ENGINEERING TRAINING ASSOCIATION | £512k | — | 0 | below | — | noted |