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TRAINING 2000 LIMITED

Registered charity 701770 · accounts filings on the Charity Commission register

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Latest income
£6.4m
Latest spending
£6.7m
Registered
1989
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity returned a net deficit of £163,766 for the year ended 31 July 2025, with total unrestricted reserves of £1,547,001. Per the trustees' report, reserves held were equivalent to 92 days of revenue, which is within the stated policy target of at least 90 days. The charity relies on a parental guarantee from its parent entity, the University of Lancashire, to meet liabilities as they fall due.

What the accounts disclose

Reserves policy: at least 90 days’ revenue (held: £1.5m)
“the trustees have determined that the Charity will maintain total reserves equivalent to at least 90 days’ revenue”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation from parent entity
“A further donation from the latter of £1,200,000 (2024: £1,350,000) has provided financial security as we implement our sustainability strategy.”
“The Charity has obtained a parental guarantee from University of Lancashire to provide financial support for a period of at least 12 months from the approval of the financial statements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Parental guarantee for going concern
“A further donation from the latter of £1,200,000 (2024: £1,350,000) has provided financial security as we implement our sustainability strategy.”
“The Charity has obtained a parental guarantee from University of Lancashire to provide financial support for a period of at least 12 months from the approval of the financial statements.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by KPMG LLP. Discloses 4 of 6 completeness components.

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

Total income
£6.4m
Total spending
£6.7m
Reserves (reported)
£1.6m
Employees
132

Reported reserves equal ~2.9 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Blackburn With Darwen · Blackpool · Cumbria · Derbyshire · Lancashire · Manchester City

Income and spending

Financial year endIncomeSpending
31/07/2025£6.4m£6.7m
31/07/2024£6.6m£6.8m
31/07/2023£6.9m£6.7m
31/07/2022£6.7m£7.0m
31/07/2021£6.7m£6.6m

Common questions

Is TRAINING 2000 LIMITED financially healthy?

The accounts state that the charity returned a net deficit of £163,766 for the year ended 31 July 2025, with total unrestricted reserves of £1,547,001. Per the trustees' report, reserves held were equivalent to 92 days of revenue, which is within the stated policy target of at least 90 days. The charity relies on a parental guarantee from its parent entity, the University of Lancashire, to meet liabilities as they fall due. Its FY2025 accounts were audited by KPMG LLP.

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