Finance Score: -7

Governance Score: 9

Support Score: 3

Multiple Deficits: -2
Fundraising costs high: -5

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 5

THE WORKFORCE DEVELOPMENT TRUST LIMITED

Promoting and advancing workforce education, training and skills; Improving the design and implementation of workforce development practices and policies; Providing integrated learning, accreditation and digital solutions; Undertaking and assisting in the identification, design and recognition of continuing professional development for individuals and teams

Analysis by Giving is Great

Positives:

The charity has received income from Government contracts
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive benefits from the charity

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

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
30/09/22		£11,350	£10,645	£705	£3,781	£9,645	£9,645	10.9	110
30/09/21		£9,362	£9,135	£227	£2,725	£8,940	£8,940	11.7	118
30/09/20		£8,059	£10,040	£-1,981	£3,013	£8,713	£8,713	10.4	127
30/09/19		£10,316	£10,797	£-482	£4,106	£10,694	£10,694	11.9	145
30/09/18		£9,538	£9,369	£168	£2,772	£11,176	£11,176	14.3	111
30/09/17		£13,552	£13,826	£-274	£3,112	£11,007	£11,007	9.6	299
30/09/16		£16,365	£16,803	£-438	£4,041	£11,281	£11,281	8.1	169
30/09/15		£15,605	£15,094	£511	£1,783	£11,719	£11,719	9.3	163
30/09/14		£14,765	£14,007	£758	£1,287	£11,209	£11,207	9.6	144
30/09/13		£15,525	£8,203	£7,322	£1,133	£10,451	£10,432	15.3	83
30/09/12	*	£2,952	£1,616	£1,336	£806	£3,129	£3,129	23.2	14

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 57.6%
Fundraising Costs/Total Spending: 35.5%
Senior Staff Costs/Total Spending: 15%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 23%
Liabilities/Income: 25%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 10.9 months
Net Current Assets/Spending: 8 months
Quick Ratio: 2.6

Asset Split ?

Established: 13 years

www.wdtrust.org.uk

jael.wheeler@wdtrust.org.uk

020 7391 7189

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Technical, vocational and continuing education

How it operates

Provides services
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Defined Groups
The General Public/Mankind

Who works here?

110 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Based on 11/12 persons

Age Range of Trustees: 39-64

NIAMH LI-BAN MCKENNA Appointed: 2020, Occupation: Managing Director

DR JACOB ABBOUD Appointed: 2022, Occupation: Company Director

JONATHAN RESTELL Appointed: 2021, Occupation: Trade Union Official

MR ARVIND KRISHEN MALHOTRA Appointed: 2022, Occupation: Company Director

DANIEL LANGTON Appointed: 2019, Occupation: Non Executive Director

DR ROWENA HILL Appointed: 2020, Occupation: University Lecturer

ERIKA BANNERMAN Appointed: 2020, Occupation: Non-Executive Director/Trustee

JOHN ROGERS Appointed: 2010, Occupation: Chief Executive

LISA WINWARD Appointed: 2022, Occupation: Non-Executive Director/Trustee, Other trusteeship: BRITISH POLICE SYMPHONY ORCHESTRA,

SARA MUNRO Appointed: 2021, Occupation: Trustee

JEREMY NEWMAN (Chair) Appointed: 2017, Occupation: Chartered Accountant, Other trusteeship: THE FRONTLINE ORGANISATION,

KEITH FRASER Appointed: 2020, Occupation: Non-Executive Director, Other trusteeship: Emergency Services Cenotaph,

Legal constitution

Charitable company registered in England & Wales on 04/08/2011, number: 1143246
Registered at Companies House on 03/08/2010, number: 07333911

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

11 returns made; AR12: 6 days late,

Main office

The Workforce Development Trust Ltd
Vertigo
Cheese Lane
BRISTOL
BS2 0JJ

Objectives

To support the development and effective use of workforce skills to provide services for public benefit by, but not limited to: • Promoting and advancing workforce education, training and skills through the development of frameworks, capabilities, competences, knowledge and qualifications• Improving the design and implementation of workforce development practices and policies through research, analysis and the provision of insights and expertise • Providing integrated learning, accreditation and digital solutions that increase the effectiveness of workforce skills development, deployment and management• Undertaking and assisting in the identification, design and recognition of continuing professional development for individuals and teams

Defined Area of Benefit:

NOT DEFINED

Data Sources