DERWENT TRAINING ASSOCIATION
Delivery of Apprenticeship training in advanced engineering and other related training courses to young people and adults.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £34,325 for the year ended 31 July 2025, with total unrestricted funds increasing to £969,423. The trustees report that the reserves policy is being met, noting that free reserves of £193,690 are sufficient to cover short-term working capital requirements. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Education and training 1,053,022” — page 13
“approximately £175,000 would cover three months salaries and general running costs. The Trustees have taken steps to maintain monies and reserves exist that safeguard the organisation. The policy is being met.” — page 5
Leadership, per the charity’s website
- Claire Gavaghan — Chief Executive Officer
- Vicki Parker — Chief Operating Officer
- Richard Shaw — Chairman
- Danny MacFarlane — Vice Chairman
- Sarah Edwards — Director
- Lucy Thompson — Director
- Laura Cotter — Director
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Ann Watson
- DANNY MACFARLANE
- Lucy Alison Thompson
- RICHARD ARMITAGE SHAW
- Sarah Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.1m | £1.0m |
| 31/07/2024 | £941k | £901k |
| 31/07/2023 | £945k | £866k |
| 31/07/2022 | £760k | £685k |
| 31/07/2021 | £703k | £625k |
Common questions
Is DERWENT TRAINING ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £34,325 for the year ended 31 July 2025, with total unrestricted funds increasing to £969,423. The trustees report that the reserves policy is being met, noting that free reserves of £193,690 are sufficient to cover short-term working capital requirements. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Fortus Audit LLP.
Charities like this
- SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED
- TRAINING 2000 LIMITED
- THE OLDHAM ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
- HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DERWENT TRAINING ASSOCIATION | £1.1m | — | — | unclear | — | no doubt |
| SUNDERLAND ENGINEERING TRAINING ASSOCIATION LIMITED | £2.7m | — | — | unclear | — | no doubt |
| TRAINING 2000 LIMITED | £6.4m | — | — | within | — | no doubt |
| THE OLDHAM ENGINEERING GROUP TRAINING ASSOCIATION LIMITED | £374k | Under £60,000 | 0 | above | 5500.0% | no doubt |
| HUMBERSIDE ENGINEERING TRAINING ASSOCIATION LIMITED | £7.6m | — | — | unclear | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |