Charity Accounts Intelreading the accounts so you don’t have to

THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS

Registered charity 1017777 · accounts filings on the Charity Commission register

Latest income
£1.3m
Latest spending
£1.3m
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an unrestricted surplus of £23,900 for the year ended 31 December 2024, driven by unexpected income from publications. Free reserves stood at £1,312,856, which the trustees deem to meet their policy target of equivalent to one year’s standard expenditure.

What the accounts disclose

Related-party transaction: Payment to Dr Snezana Lawrence for services
“During the year £617 was paid to Dr Snezana Lawrence in relation to services were provided to the institute (2023 £434 relating to services provided by Dr Snezana Lawrence). No trustees received any remuneration from employment with the charity.” — page 69
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Rickard Luckin Limited.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.3m
Total spending
£1.3m
Reserves (reported)
£1.4m
Employees
19

Reported reserves equal ~13.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.3m
31/12/2023£1.3m£1.2m
31/12/2022£1.1m£1.1m
31/12/2021£1.1m£999k
31/12/2020£1.2m£935k

Common questions

Is THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS financially healthy?

The accounts state that the charity reported an unrestricted surplus of £23,900 for the year ended 31 December 2024, driven by unexpected income from publications. Free reserves stood at £1,312,856, which the trustees deem to meet their policy target of equivalent to one year’s standard expenditure. Its FY2024 accounts were audited by Rickard Luckin Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JANE GOODALL INSTITUTE (UK)1£138k
REES JEFFREYS ROAD FUND1£40k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with JANE GOODALL INSTITUTE, GLOBAL.