THE ASSOCIATION OF ACCOUNTING TECHNICIANS
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in unrestricted funds of £1.3m, with total unrestricted reserves standing at £31.9m. Although total expenditure of £36.9m exceeded income of £35.2m due to significant investment in transformation projects, the trustees confirm the organization has adequate resources, including £10m in cash and £29.7m in investments, to continue as a going concern for at least 12 months.
What the accounts disclose
“Reserves also remained within targeted level as detailed in the policy (page 69) was also achieved.”
“During the year, AAT paid out for total expenditure of £9,295 (2024: £3,624) to a Company that held a common directorship.” — page 60
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (04/01/2012)
Trustees
- Abhinav Arya
- Aidene Frances Walsh
- Anne Marie Moore ACMA
- Dr Hilary Ann Ewing
- FRANCESCA NATALIA McClory MAAT
- Georgina Philippou
- Jaspal Singh Bhohi
- John Fenwick
- Linda Ford
- REBEKAH GLOVER FCCA FMAAT
- Waleed Ali Hussain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £35.2m | £37.0m |
| 31/03/2024 | £33.5m | £32.9m |
| 31/03/2023 | £32.5m | £29.7m |
| 31/03/2022 | £32.3m | £25.4m |
| 31/03/2021 | £29.4m | £25.8m |
Common questions
Is THE ASSOCIATION OF ACCOUNTING TECHNICIANS financially healthy?
The accounts state that the charity reported a net decrease in unrestricted funds of £1.3m, with total unrestricted reserves standing at £31.9m. Although total expenditure of £36.9m exceeded income of £35.2m due to significant investment in transformation projects, the trustees confirm the organization has adequate resources, including £10m in cash and £29.7m in investments, to continue as a going concern for at least 12 months. Its FY2025 accounts were audited by RSM UK Audit LLP.