ENGINEERING EDUCATION SCHEME IN WALES

Charity Number: 1002854
Removed charity

Charity overview

Activities - how the charity spends its money

To provide industrial / engineering opportunities to young people, prior to their selection of university courses, via industrial problem solving projects, to encourage them to take up professional engineering careers after university. Additional strands starting in July 2009 extend this principal to younger age groups with a particular emphasis on attracting girls to professional engineering

Income and expenditure

Data for financial year ending 30 September 2012

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout Wales

Governance

Registration history:
  • 09 May 1991: Standard registration
  • 22 May 2013: Removed (Funds transferred (incor))
  • 22 May 2013: Funds transferred to 1144651 ENGINEERING EDUCATION SCHEME WALES LIMITED
Organisation type:
Trust
Other names:
  • E E S W (Working name)
  • EESW (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/08/2008 31/08/2009 31/08/2010 31/08/2011 30/09/2012
Total gross income £308.56k £380.86k £392.46k £644.77k £810.66k
Total expenditure £332.12k £333.63k £355.81k £662.89k £777.26k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £644.77k £806.85k
Income - Other trading activities N/A N/A N/A £0 £0
Income - Charitable activities N/A N/A N/A £0 £0
Income - Endowments N/A N/A N/A £0 £0
Income - Investment N/A N/A N/A £0 £719
Income - Other N/A N/A N/A £0 £3.09k
Income - Legacies N/A N/A N/A £0 £0
Expenditure - Charitable activities N/A N/A N/A £0 £0
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A N/A N/A £85.75k £98.37k
Expenditure - Grants institution N/A N/A N/A £0 £0
Expenditure - Investment management N/A N/A N/A £0 £0
Expenditure - Other N/A N/A N/A £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/08/2008 31/08/2009 31/08/2010 31/08/2011 30/09/2012
Own use assets N/A N/A N/A £45.71k £25.16k
Long-term investments N/A N/A N/A £0 £0
Other assets N/A N/A N/A £217.00k £238.43k
Defined benefit pension scheme asset or liability N/A N/A N/A £0 £0
Total liabilities N/A N/A N/A £87.15k £54.65k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 September 2012 13 May 2013 On Time
Accounts and TAR 30 September 2012 13 May 2013 On Time
Annual return 31 August 2011 17 May 2012 On Time
Accounts and TAR 31 August 2011 17 May 2012 On Time
Annual return 31 August 2010 10 March 2011 On Time
Accounts and TAR 31 August 2010 10 March 2011 On Time
Annual return 31 August 2009 08 January 2010 On Time
Accounts and TAR 31 August 2009 08 January 2010 On Time