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THE FLORIDA STATE UNIVERSITY INTERNATIONAL PROGRAMS ASSOCIATION UK

Registered charity 1016027 · accounts filings on the Charity Commission register · also known as FSU IPA UK, THE FLORIDA STATE UNIVERSITY INTERNATIONAL PROGRAMS ASSOCIATION INC

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Latest income
£6.1m
Latest spending
£5.3m
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net surplus of £739,008 for the year ended 30 September 2025, resulting in total unrestricted free reserves of £1,487,228. The trustees and auditors confirm that the charity is a going concern with sufficient resources and parent organization support to meet liabilities as they fall due. The charity maintains a reserves policy target of two months of expenditure, which was met at the year-end.

What the accounts disclose

Reserves policy: at least two months of expenditure (held: £1.5m)
“Given this continued support, the Management Councils have determined that aiming to have at least two months of expenditure is sufficient and prudent to meet financial risks and needs. Based on the 2026 forecast, this equates to £880,500. This goal was achieved at 30 September 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Parent organization paid Companies House filing fees of £34 on behalf of the Corporate Trustees.
“The Charity’s parent organisation paid Companies House filing fees of £34 (2024: £34) on behalf of the Corporate Trustees.” — page 30
“The Charity leases the buildings it occupies at 98 - 104 Great Russell Street, London WC1B 3LH, England from the parent organisation, The Florida State University International Programs Association, Inc. at an annual rental of £300 (2024: £300).” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charity leases buildings from parent organization at an annual rental of £300.
“The Charity’s parent organisation paid Companies House filing fees of £34 (2024: £34) on behalf of the Corporate Trustees.” — page 30
“The Charity leases the buildings it occupies at 98 - 104 Great Russell Street, London WC1B 3LH, England from the parent organisation, The Florida State University International Programs Association, Inc. at an annual rental of £300 (2024: £300).” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charity received total grants of £5,300,000 from the parent organization.
“The Charity’s parent organisation paid Companies House filing fees of £34 (2024: £34) on behalf of the Corporate Trustees.” — page 30
“The Charity leases the buildings it occupies at 98 - 104 Great Russell Street, London WC1B 3LH, England from the parent organisation, The Florida State University International Programs Association, Inc. at an annual rental of £300 (2024: £300).” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charity paid £300 membership fee to AASAP, where a key management employee is a Director.
“The Charity’s parent organisation paid Companies House filing fees of £34 (2024: £34) on behalf of the Corporate Trustees.” — page 30
“The Charity leases the buildings it occupies at 98 - 104 Great Russell Street, London WC1B 3LH, England from the parent organisation, The Florida State University International Programs Association, Inc. at an annual rental of £300 (2024: £300).” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Charity paid £300 fee to London School of Samba, where a Management Council member is on the Board.
“The Charity’s parent organisation paid Companies House filing fees of £34 (2024: £34) on behalf of the Corporate Trustees.” — page 30
“The Charity leases the buildings it occupies at 98 - 104 Great Russell Street, London WC1B 3LH, England from the parent organisation, The Florida State University International Programs Association, Inc. at an annual rental of £300 (2024: £300).” — page 30
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/09/2025)

Total income
£6.1m
Total spending
£5.3m
Reserves (reported)
£1.5m
Employees
52

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
30/09/2025£6.1m£5.3m
30/09/2024£5.9m£4.9m
30/09/2023£4.4m£4.5m
30/09/2022£3.7m£3.4m
30/09/2021£2.2m£2.0m

Common questions

Is THE FLORIDA STATE UNIVERSITY INTERNATIONAL PROGRAMS ASSOCIATION UK financially healthy?

The accounts state that the charity achieved a net surplus of £739,008 for the year ended 30 September 2025, resulting in total unrestricted free reserves of £1,487,228. The trustees and auditors confirm that the charity is a going concern with sufficient resources and parent organization support to meet liabilities as they fall due. The charity maintains a reserves policy target of two months of expenditure, which was met at the year-end. Its FY2025 accounts were audited by Buzzacott Audit LLP.