THE CHARTERED INSTITUTION OF WATER AND ENVIRONMENTAL MANAGEMENT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £974,239 for the year, resulting in negative free reserves of £(3,234)K against a target of £933K. The Trustees confirm the entity is a going concern, relying on an overdraft facility secured on the Saffron Hill property, which is currently under offer for sale to address the negative reserve position.
What the accounts disclose
“The target value at the year-end is £933K, against an actual balance of £(3,234)K.” — page 21
“During the year, the charity provided a loan to a member of staff who is considered a related party due to their role as a member of key management personnel. (1) Anna Daroy, CEO, a loan of £5,000 was made in May 2024. This was repaid in June, August and September 2024. The balance was fully repaid in the year. This loan was authorised. (2) Anna Daroy, CEO, loan amounts were made in August 2024 - £1,029, September - £412, November £1,390 and December - £1,544. Total Loan Amount £4,375. The balance outstanding at the year end date was £4,375. This was repaid in full during 2025 between February and May. These loans were not authorised.” — page 48
“CIWEM operates with two active subsidiary companies, CIWEM Services Limited (CSL) and 106-109 Saffron Hill Management Limited (SHML).” — page 11
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ann Shepperdchair
- Benedick Pratt
- Dave Tickner
- Hannah Burgess
- John Curtin
- Karyn Ruth Georges
- Kate Coghlan
- Kathryn Giblin
- Nicholas Howden
- Nicola Louise Cunningham
- Peter Brooks
- Sun Yan Evans
- Timothy John Bianek
- Wendy Anne Story
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.2m | £5.2m |
| 31/12/2023 | £4.5m | £4.2m |
| 31/12/2022 | £3.3m | £3.8m |
| 31/12/2021 | £2.6m | £2.4m |
| 31/12/2020 | £2.4m | £2.3m |
Common questions
Is THE CHARTERED INSTITUTION OF WATER AND ENVIRONMENTAL MANAGEMENT financially healthy?
The accounts state that the charity reported a net expenditure of £974,239 for the year, resulting in negative free reserves of £(3,234)K against a target of £933K. The Trustees confirm the entity is a going concern, relying on an overdraft facility secured on the Saffron Hill property, which is currently under offer for sale to address the negative reserve position. Its FY2024 accounts were audited by Moore Kingston Smith LLP.