Charity Accounts Intelreading the accounts so you don’t have to

TYDFIL TRAINING CONSORTIUM LIMITED

Registered charity 702622 · accounts filings on the Charity Commission register

The charity exists to deliver training and development opportunities aimed at unemployed and economically inactive young people and adults resident in Wales, to enhane their quality of life and employability potential.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£2.2m
Latest spending
£2.2m
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a small surplus of £5,564 for the year ended 31 July 2025, with total unrestricted reserves standing at £1,551,598. The directors confirm that the organization has sufficient funds to meet its liabilities as they fall due, citing a strong current ratio and reliance on continued government funding contracts. Per the trustees' report, the financial position is considered secure due to its status as a wholly owned subsidiary of the University of South Wales group.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — above the median for charities its size (£70k)
“The number of employees who emoluments exceeded £60k was: 80,000-90,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees who emoluments exceeded £60k was: 80,000-90,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Mr P Gray (Chief Executive Officer) received remuneration included in Note 3.
“No payments have been made to or on behalf of the above except for Mr P Gray (Chief Executive Officer) whose remuneration is included in Note 3.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management fee paid to parent company
“During the period, the company paid a £50,000 management fee to its immediate parent, Merthyr Tydfil College Ltd. There is also £33,326 included within trade debtors in respect of MTC Ltd as at the period end.” — page 24
“In addition, during the period TTC transferred £100,000 to its ultimate parent, the University of South Wales, which USW invested on its behalf. USW owes TTC £1,077,572 in respect of repayment of this investment and associated interest.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investment held with ultimate parent
“During the period, the company paid a £50,000 management fee to its immediate parent, Merthyr Tydfil College Ltd. There is also £33,326 included within trade debtors in respect of MTC Ltd as at the period end.” — page 24
“In addition, during the period TTC transferred £100,000 to its ultimate parent, the University of South Wales, which USW invested on its behalf. USW owes TTC £1,077,572 in respect of repayment of this investment and associated interest.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trade creditor balance with ultimate parent
“During the period, the company paid a £50,000 management fee to its immediate parent, Merthyr Tydfil College Ltd. There is also £33,326 included within trade debtors in respect of MTC Ltd as at the period end.” — page 24
“In addition, during the period TTC transferred £100,000 to its ultimate parent, the University of South Wales, which USW invested on its behalf. USW owes TTC £1,077,572 in respect of repayment of this investment and associated interest.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

4 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

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

Total income
£2.2m
Total spending
£2.2m
Reserves (reported)
£1.6m
Employees
35

Reported reserves equal ~8.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£2.2m£2.2m
31/07/2024£2.1m£1.8m
31/07/2023£1.7m£1.6m
31/07/2022£2.1m£1.8m
31/07/2021£1.4m£1.2m

Common questions

Is TYDFIL TRAINING CONSORTIUM LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a small surplus of £5,564 for the year ended 31 July 2025, with total unrestricted reserves standing at £1,551,598. The directors confirm that the organization has sufficient funds to meet its liabilities as they fall due, citing a strong current ratio and reliance on continued government funding contracts. Per the trustees' report, the financial position is considered secure due to its status as a wholly owned subsidiary of the University of South Wales group. Its FY2025 accounts were audited by HaysMac LLP.

What does the highest-paid employee of TYDFIL TRAINING CONSORTIUM LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ACHISOMOCH AID COMPANY LIMITED1£590k
SF FOUNDATION1£166k
MAYFAIR CHARITIES LIMITED1£133k
TIFERES YOCHANAN TOLNA1£100k
FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER1£95k
HURDALE CHARITY LIMITED1£94k
GILMOOR BENEVOLENT FUND LIMITED1£85k
FRIENDS OF WIZNITZ LIMITED1£85k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with TYNE NORTH TRAINING LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
TYDFIL TRAINING CONSORTIUM LIMITED£2.2m£80,001 - £90,0001unclear—no doubt
TYNE NORTH TRAINING LIMITED FY2025£1.5m£60,001 - £70,0002above—no doubt
MERTHYR TYDFIL INSTITUTE FOR THE BLIND FY2025£2.4m——above—no doubt
WALTHAM FOREST CHAMBER OF COMMERCE TRAINING TRUST LIMITED FY2025£816k—0unclear—no doubt
MIFAL TZEDOKO V'CHESED LIMITED FY2025£8.7m—0unclear—no doubt
NORTH STAFFORDSHIRE ENGINEERING GROUP TRAINING ASSOCIATION LIMITED FY2025£1.1m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.