NATIONAL LEARNING AND WORK INSTITUTE

1. NATIONAL LEARNING AND WORK INSTITUTE 2015-12-21 → present
2. THE NATIONAL INSTITUTE OF ADULT CONTINUING EDUCATION (ENGLAND AND WALES) 1991-04-19 → 2015-12-21

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Trustees are confident that L&W continues to operate on a going concern basis. The organisation is in control of its annual income and expenditure and enters 2025-26 having already secured a significant proportion of the income required for the year ahead.”

Significant events

• “New Government adopted our calls for an 80% employment rate ambition and Youth Guarantee so all young people are offered help to find a job, training place or apprenticeship.”
• “Secured funding from DWP and Youth Futures Foundation for our flagship Jobs Plus trials, testing new ways to help social housing tenants into work.”
• “Adult Participation in Learning Survey showed a record one in two adults took part in some form of learning in the last three years, driven by self-directed and informal learning.”
• “Lifelong Learning Week took place from 4 to 8 November 2024. During the week, we published the 28th edition of our annual Adult Participation in Learning Survey.”
• “In its 28th year, our Adult Participation in Learning Survey showed that, after a decade of decline during the 2010s, participation in learning has risen for the third year in a row.”
• “Ahead of the election in July 2024, we published Aiming high: An 80% employment rate and how to deliver it, which called for a UK employment rate of 80% to be achieved through extending employment support.”
• “We received around 811 pieces of media coverage in 2024-25 for our campaigns and unique research and analysis. This is a 45% increase on the previous year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +147.9%

  £240,000 → £595,000

• Net assets

  -3.9%

  £10,869,000 → £10,440,000

• Employees

  +2.6%

  39 → 40

• Operating profit

  -116.7%

  £3,190,000 → -£532,000

• Profit before tax

  -106%

  £3,271,000 → -£195,000

• Wages

  -4%

  £1,616,000 → £1,551,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers