Vocational Training Charitable Trust

Analysis

Vocational Training Charitable Trust is a registered charity in England and Wales, based in Eastleigh. It was registered in September 1986, 40 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 02050044). It says it provides services and sponsors or undertakes research.

In the financial year ending July 2025, Vocational Training Charitable Trust reported income of £13.4m and spending of £13.7m, spending 103% of its income. Across the 5 years on record, from July 2021 to July 2025, income grew from £9.6m to £13.4m (+39%), an average of +8.7% a year. The sharpest change came in the year to July 2022, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Vocational Training Charitable Trust sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Queen Elizabeth's Hospital (£13.4m), The Smith Foundation (£13.4m) and Cokethorpe Educational Trust Limited (£13.4m).

In its latest detailed accounts, income came from charitable activities 99% and investments 1.2%. Charitable activities took 98% of spending and raising funds 0.4%. Reserves of £14.2m would cover about 12 months of spending at that rate. It employed 250 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.