TYDFIL TRAINING CONSORTIUM LIMITED
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.
What the accounts disclose
“The number of employees who emoluments exceeded £60k was: 80,000-90,000 1”
“The number of employees who emoluments exceeded £60k was: 80,000-90,000 1”
“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
“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
“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
“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
Corporate structure
- Registered company of the charity Companies House 02472331
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Matthew Anthony Morgan Dickschair
- Daniel Robert Tromans
- Julie Anne Bellamy
- Katharine Sara Fowler
- Lisa Thomas
- Michael Andrew O'Neill
- PAUL GRAY
- Sarah Elaine Simmonds
- Tara Elizabeth Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £590k |
| SF FOUNDATION | 1 | £166k |
| TIFERES YOCHANAN TOLNA | 1 | £97k |
| HURDALE CHARITY LIMITED | 1 | £94k |
| FRIENDS OF WIZNITZ LIMITED | 1 | £85k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £85k |
| UNITED TALMUDICAL ASSOCIATES LTD | 1 | £79k |
| ANEINU LIMITED | 1 | £70k |