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DERWENT TRAINING ASSOCIATION

Registered charity 700763 · accounts filings on the Charity Commission register · also known as NORTH YORKSHIRE TRAINING SERVICES

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Latest income
£1.1m
Latest spending
£1.0m
Registered
1988
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £935,098 at the end of the financial year, an increase from the previous year. The trustees report that the reserves policy is being met, noting that free reserves of £195,395 are sufficient to cover working capital requirements and safeguard the organisation against funding risks. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose employee benefits (including employer national contributions, but excluding employer pension costs) exceeded £60,000 was: 2024 1 £60,001 - £70,000” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose employee benefits (including employer national contributions, but excluding employer pension costs) exceeded £60,000 was: 2024 1” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately £175,000 would cover three months salaries and general running costs (held: £935k)
“Short term reserves would be needed to meet the working capital requirements of the charity; 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 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Fortus Audit LLP. Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.1m
Total spending
£1.0m
Reserves (reported)
£194k
Employees
13

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: City Of York · North Yorkshire

Income and spending

Financial year endIncomeSpending
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?

The accounts state that the charity held unrestricted reserves of £935,098 at the end of the financial year, an increase from the previous year. The trustees report that the reserves policy is being met, noting that free reserves of £195,395 are sufficient to cover working capital requirements and safeguard the organisation against funding risks. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Fortus Audit LLP.

What does the highest-paid employee of DERWENT TRAINING ASSOCIATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.