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home >> charity search >> the quality assurance agency for higher education
Finance Score: -7
Governance Score: 5
Support Score: 0
  • Low unrestricted reserves: -2
  • Pension deficit: -3
  • Multiple Deficits and declines: -5
  • Fundraising costs low: +3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: -2 ?

THE QUALITY ASSURANCE AGENCY FOR HIGHER EDUCATION 

A range of activities to secure HE standards & quality: reviews & audits of standards & quality in HE providers; published reports & intelligence arising from those reviews & audits; maintenance of the UK Quality Code, subject benchmarks and qualifications frameworks; advice on degree awarding powers & university title, Access to HE & support for HEIs in relation to international developments.
Analysis by Giving is Great

Positives:

  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 18 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • There is a pension deficit of £3,341,824
  • Income has been volatile and on several occasions in recent years less than spending
miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/07/22£9,788£11,706£-1,918£0£2,533£2,5332.61170
31/07/21£8,300£8,283£17£0£4,736£4,7366.91050
31/07/20£9,228£8,149£1,079£2£4,039£4,0395.91020
31/07/19£10,746£13,540£-2,794£7£3,298£3,2982.91300
31/07/18£12,347£12,216£130£19£6,057£6,0575.91180
31/07/17£12,394£11,566£827£0£5,739£5,73961220
31/07/16£15,444£16,126£-682£0£4,626£4,6263.41740
31/07/15£14,852£14,389£463£274£6,534£6,5345.41650
31/07/14£15,280£14,391£889£314£5,843£5,8434.91620
31/07/13£13,614£13,293£322£283£4,862£4,8624.41560
31/07/12£14,029£13,306£723£351£4,482£4,48241350
31/07/11£12,266£12,261£6£327£3,759£3,7593.71280
31/07/10£12,247£11,893£354£255£3,754£3,7543.81350
31/07/09£11,448£11,270£178£255£3,399£3,3993.61270
31/07/08£10,016£9,976£40£248£3,222£3,2223.91220
31/07/07£9,677£9,873£-196£242£3,182£3,1823.91230
31/07/06£11,464£11,091£374£0£0£0n/a00
31/07/05£11,538£11,495£43£0£0£0n/a00
31/07/04£10,222£10,219£4£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £130,000-£140,000
Liabilities/Assets: 58%
Liabilities/Income: 82%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.5
Asset Split ?
Established: 27 years

www.qaa.ac.uk

compliance@qaa.ac.uk

07824122527

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Colleges and universities
How it operates
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Children/Young People
  • The General Public/Mankind
Who works here?
  • 117 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (18)
Current Trustees appointed

Age Range of Trustees: 24-73
Legal constitution
  • Charitable company registered in England & Wales on 09/06/1997, number: 1062746
  • Registered at Companies House on 27/03/1997, number: 03344784
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
19 returns made; all on time
Main office

SOUTHGATE HOUSE
SOUTHGATE STREET
GLOUCESTER
GL1 1UB

Objectives

1. PROMOTION AND MAINTENANCE OF QUALITY AND STANDARDS IN TERTIARY EDUCATION IN THE UK AND ELSEWHERE; 2. ENHANCEMENT OF TEACHING AND LEARNING, AND THE IDENTIFICATION AND PROMOTION OF INNOVATION AND GOOD PRACTICE IN TEACHING AND LEARNING;3. PROVISION OF INFORMATION AND THE PUBLICATION OF REPORTS ON QUALITY AND STANDARDS IN TERTIARY EDUCATION IN THE UK AND ELSEWHERE; AND4. PROVISION OF ADVICE TO GOVERNMENTS, AS REQUESTED, ON ACCESS COURSE RECOGNITION AND IN RELATION TO ALL OR ANY OF THE ABOVE OBJECTS.

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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