Finance Score: 1

Governance Score: 9

Support Score: 3

Liabilities <10%: +3
Multiple Deficits: -2

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

Gov Income
Grant maker support: +3

Overall GiG Score: 13

VOCATIONAL TRAINING CHARITABLE TRUST

Vocational Training Charitable Trust (VTCT) is a specialist vocational and technical Awarding Organisation and End-Point Assessment Organisation for hair, beauty, aesthetics and complementary therapies as well as a number of qualifications in sports therapy, fitness, and learning and development. Our qualifications are delivered under three brands: VTCT, iTEC and Skillsfirst.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
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 payments or benefits from the charity for providing services to the charity

Financial issues to consider:

On several occasions in recent years income has been less than spending

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
31/07/23		£11,662	£13,228	£-1,566	£0	£14,862	£14,862	13.5	212
31/07/22		£11,144	£10,639	£505	£442	£16,693	£16,693	18.8	165
31/07/21		£9,606	£8,766	£841	£85	£16,858	£16,858	23.1	126
31/07/20		£8,649	£10,916	£-2,267	£128	£14,675	£14,662	16.1	155
31/07/19		£9,623	£10,628	£-1,005	£0	£17,429	£17,429	19.7	151
31/07/18		£9,629	£10,621	£-991	£0	£18,108	£18,108	20.5	138
31/07/17		£9,162	£9,703	£-540	£0	£18,534	£18,534	22.9	121
31/07/16		£5,645	£5,429	£216	£0	£18,273	£18,273	40.4	58
31/07/15		£5,823	£5,517	£306	£128	£17,827	£17,827	38.8	47
31/07/14		£5,610	£14,063	£-8,453	£105	£16,705	£16,705	14.3	49
31/07/13		£5,992	£6,199	£-207	£160	£24,980	£24,980	48.4	48
31/07/12		£6,205	£5,353	£852	£127	£23,089	£23,089	51.8	47
31/07/11		£5,522	£8,198	£-2,676	£141	£22,410	£22,410	32.8	49
31/07/10		£5,797	£5,444	£353	£155	£24,087	£24,087	53.1	49
31/07/09		£5,939	£3,778	£2,161	£129	£22,534	£22,534	71.6	38
31/07/08		£6,477	£8,022	£-1,545	£156	£21,414	£21,414	32	39
31/07/07		£5,916	£4,786	£1,130	£162	£24,214	£24,214	60.7	35
31/07/06?	*	£1,461	£1,306	£155	£0	£0	£0	n/a	0
31/12/05		£6,630	£2,401	£4,229	£0	£0	£0	n/a	0
31/12/04		£4,925	£2,436	£2,489	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 21%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 7%
Liabilities/Income: 9%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 13.5 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.1

Asset Split ?

Established: 38 years

www.vtct.org.uk

02380684500

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Technical, vocational and continuing education

How it operates

Provides services
Sponsors or undertakes research

Where it operates

Antigua And Barbuda, Australia, Bahrain, Barbados, Belgium, Botswana, Canada, China, Cyprus, Ecuador, Ghana, Greece, India, Indonesia, Ireland, Isle Of Man, Italy, Japan, Kenya, Latvia, Lebanon, Lithuania, Malaysia, Malta, Mauritius, Namibia, Netherlands, New Zealand, Northern Ireland, Oman, Qatar, Russia, Scotland, Singapore, South Africa, South Korea, Spain, St Lucia, Sweden, Throughout England And Wales, Turkey, United States, Vietnam, ....more

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

212 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Gender Split

Age Range of Trustees: 44-70

ANDREW PAUL MONDON Appointed: 2021, Occupation: Chief Finance Officer

DANIEL JAMES CARLIN Appointed: 2022, Occupation: Finance Director

DEBBIE JOANNE HOUGHTON Appointed: 2022, Occupation: Executive Director

JOHN MARK WINKLEY Appointed: 2022, Occupation: Company Director

KATHERINE LOUISE QUINN Appointed: 2021, Occupation: Principal & Ceo

LYSA ROBIN SCHWARTZ Appointed: 2022, Occupation: Retired

JENNIFER SWORDER (Chair) Appointed: 2013, Occupation: Director

STEPHANIE-FAY RICHARDSON Appointed: 2018, Occupation: Consultant

JAYNE ANNE LEWIS-ORR Appointed: 2019, Occupation: Director, Other trusteeship: HAIR AND BEAUTY CHARITY,

Legal constitution

Charitable company registered in England & Wales on 30/09/1986, number: 295192
Registered at Companies House on 26/08/1986, number: 02050044

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR06: 71 days late,

Main office

V T C T
Aspire House
10 Annealing Close
Eastleigh
SO50 9PX

Objectives

THE CHARITY’S OBJECTS (‘OBJECTS’), BEING FOR PUBLIC BENEFIT, ARE THE ADVANCEMENT OF EDUCATION BY:-(A) ASSESSMENT OF EDUCATION AND SKILLS FOR ACCREDITATION;(B) SETTING STANDARDS OF EDUCATION AND SKILLS AS AN AWARDING AND ASSESSMENT ORGANISATION;(C) THE PROMOTION OF SKILLS AND KNOWLEDGE FOR VOCATIONAL AND TECHNICAL EMPLOYMENT;(D) ADVANCING DIGITAL RESEARCH AND OTHER EDUCATIONAL TECHNIQUES.

Defined Area of Benefit:

NOT DEFINED

Data Sources