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National Centre For Universities and Business

Registered charity 1066956 · accounts filings on the Charity Commission register · also known as CIHE, THE COUNCIL FOR INDUSTRY AND HIGHER EDUCATION

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Latest income
£2.9m
Latest spending
£3.1m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net decrease in funds of £167,004 for the year ended 31 March 2025, resulting in free unrestricted reserves of £834,842. This reserve level is explicitly noted as being in excess of the charity's stated policy target of £600,000, which represents three months of fixed costs. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties.

What the accounts disclose

Related-party transaction: NCUB Chair Mr William Samuel Hugh Laidlaw was appointed non-executive Chairman of a member organisation, AWE in January 2025.
“NCUB Chair Mr William Samuel Hugh Laidlaw was appointed non-executive Chairman of a member organisation, AWE in January 2025.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.9m
Total spending
£3.1m
Cost of raising funds
£108k
Reserves (reported)
£852k
Employees
19

Reported reserves equal ~3.3 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: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.9m£3.1m
31/03/2024£3.0m£3.1m
31/03/2023£2.7m£2.7m
31/03/2022£3.1m£2.8m
31/03/2021£2.6m£2.8m

Common questions

Is National Centre For Universities and Business financially healthy?

The accounts state that the charity reported a net decrease in funds of £167,004 for the year ended 31 March 2025, resulting in free unrestricted reserves of £834,842. This reserve level is explicitly noted as being in excess of the charity's stated policy target of £600,000, which represents three months of fixed costs. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. Its FY2025 accounts were audited by Sayer Vincent LLP.