LEICESTERSHIRE ENGINEERING TRAINING GROUP LIMITED

Charity Number: 527804
Removed charity

Charity overview

Activities - how the charity spends its money

Provide training, education and support to individuals, employers and the community. This is predominantly through LSC funded programmes such as Apprnticeships and Train to Gain.

Income and expenditure

Data for financial year ending 31 August 2007

Total income:
£1,283,550

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Donations and legacies £0
Charitable activities £1.23m
Other trading activities £42.60k
Investments £7.04k
Other £0

Total expenditure:
£1,276,544

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Raising funds £0
Charitable activities £1.23m
Other £33.25k

£0 investments gains (losses)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £44.36k
Charitable expenditure £1.23m
Retained for future use £7.01k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Throughout England

Governance

Registration history:
  • 09 August 1972: Standard registration
  • 17 June 2009: Removed (Ceased to exist)
Organisation type:
Other names:
  • LETG (Working name)
  • LEICESTER ENGINEERING TRAINING GROUP LIMITED (Previous 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 31/08/2004 31/08/2005 31/08/2006 31/08/2007
Total gross income £1.03m £1.12m £1.29m £1.28m
Total expenditure £1.03m £1.11m £1.28m £1.28m
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £0
Income - Other trading activities N/A N/A N/A £42.60k
Income - Charitable activities N/A N/A N/A £1.23m
Income - Endowments N/A N/A N/A £0
Income - Investment N/A N/A N/A £7.04k
Income - Other N/A N/A N/A £0
Income - Legacies N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A £1.23m
Expenditure - Raising funds N/A N/A N/A N/A
Expenditure - Governance N/A N/A N/A £11.11k
Expenditure - Grants institution N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A £0
Expenditure - Other N/A N/A N/A £33.25k

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 31/08/2004 31/08/2005 31/08/2006 31/08/2007
Own use assets N/A N/A N/A £557.07k
Long-term investments N/A N/A N/A £0
Other assets N/A N/A N/A £466.12k
Defined benefit pension scheme asset or liability N/A N/A N/A £0
Total liabilities N/A N/A N/A £189.60k

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 31 August 2008 Not submitted
Accounts and TAR 31 August 2008 Not submitted
Annual return 31 August 2007 07 June 2008 On Time
Accounts and TAR 31 August 2007 30 June 2008 On Time
Annual return 31 August 2006 08 June 2007 On Time
Accounts and TAR 31 August 2006 13 June 2007 On Time
Annual return 31 August 2005 26 May 2006 On Time
Accounts and TAR 31 August 2005 01 June 2006 On Time
Annual return 31 August 2004 29 April 2005 On Time
Accounts and TAR 31 August 2004 29 April 2005 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION AS AMENDED 25 JULY 1972 AND 30 SEPTEMBER 1975 AND 18 DECEMBER 1979 AS AMENDED BY SPECIAL RESOLUTION AS ADOPTED 12TH APRIL 1999

Charitable objects

(I) TO ADVANCE THE THEORETICAL AND PRACTICAL EDUCATION AND TRAINING OF PERSONS ENGAGED OR INTENDING TO BE ENGAGED IN THE ENGINEERING INDUSTRY AS DEFINED IN LEGISLATION ENACTED UNDER THE INDUSTRIAL TRAINING ACT, 1964, OR ANY ACT AMENDING OR REPLACING THE SAME. (II) SUBJECT TO THE FOREGOING OBJECT, TO EXTEND SUCH PROVISION OR ASSISTANCE TO THE TRAINING OR EDUCATION OF MEMBERS OF THE PUBLIC GENERALLY IN CONNECTION WITH ENGINEERING, GENERAL INDUSTRIAL AND COMMERCIAL ACTIVITIES. AS ANCILLARY TO THE ABOVE; TO PROVIDE, EQUIP AND CARRY ON TRAINING CENTRES AND WORKSHOPS; TO PROVIDE TRAINING COURSES AND ASSISTANCE BY MEANS OF GRANTS OR OTHERWISE TO INDIVIDUALS EMPLOYED OR INTENDING TO BE EMPLOYED IN THE ENGINEERING INDUSTRY TO ENABLE THEM TO ACQUIRE TRAINING OR EDUCATION.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED