CHARTERED MANAGEMENT INSTITUTE
The charitable mission of the Chartered Management Institute is to promote the art and science of management. This is supported by activites such as: encouraging and supporting the development of managers, raising the level of competence and qualification of management, disseminating management thinking through our policy and research activity, and influencing employers on management issues.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £0.20m for the year, driven by continued investment in new technology platforms. Despite this, the charity maintains strong liquidity with £21.07m in unrestricted liquid funds and free reserves of £11.76m, which are well above the stated policy target of three months of expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Board of Trustees defines the Charity’s general reserves as free reserves plus deferred subscription income and, within the reserves policy, it sets a minimum level for general reserves of three months of the Charity’s expenditure. This level of reserves is considered prudent to limit the impact of a significant unforeseen decline in income from one or more service lines or an exceptional rise in expenditure on charitable activities of the Charity. At the end of the year, the Charity’s free reserves decreased by £0.86m to £11.76m (2024: £12.62m). Charitable expenditure incurred by the Charity in the year of £32.50m (2024: £30.96m) equates to a reserves minimum of £8.13m (2024: £7.74m). The Charity’s free reserves of £11.76m (2024: £12.62m) plus deferred membership subscription income of £1.99m (2024: £1.86m) totalled £13.75m at 31 March 2025 (2024: £14.48m), equivalent to 170% of the reserves minimum (2024: 187% of the reserves target).” — page 32
“The Charity is recharged with the local costs of its wholly owned subsidiary CMI Management and Leadership Sdn Bhd. During the year, the Charity paid £365,000 (2024: £425,000) of expenses on behalf of CMI Management and Leadership Sdn Bhd and was recharged £400,000 (2024: £441,000). At 31 March 2025 the amount due by CMI Management & Leadership Sdn Bhn to the Charity was £699,000 (2024: £1,183,000). A provision for doubtful debts of £699,000 (2024: £788,000) has been made against this balance.” — page 45
“At 31 March 2025 the FRS 102 valuation of the defined benefits pension scheme deficit stood at £7.85m (2024: £9.37m). The Charity’s net assets after inclusion of the pension scheme amounted to £6.80m (2024: Net assets of £6.12m). The pension scheme is closed to accrual and a new recovery plan was agreed in April 2022, under which the deficit contributions increased to £1.23m in 2024/25, increased annually by inflation in order to eliminate the deficit over a period of approximately ten years. All of the Charity’s assets and funds are available to meet its ongoing obligations, and they are also applied towards achieving the objectives of the Charity. Net assets excluding the pension scheme deficit amounted to £14.65m at 31 March 2025 (2024: £15.49m) and, as such, are available and adequate to fulfil any outstanding obligations as they fall due.” — page 32
“CMI Enterprises Limited is a wholly owned trading subsidiary of the Institute, company number 4373145, offering commercial services in support of the Institute. CMI Management and Leadership Sdn Bhd is a wholly owned trading subsidiary of the Institute, Malaysian company number 201901042853 (1352183-H), providing on the ground support in Malaysia.” — page 31
In the news
- Bishop Gideon Titi-Ofei admitted as chartered fellow of the Chartered Management Institute, UK
- Bishop Titi-Ofei admitted as Chartered Fellow of the Chartered Management Institute, UK
- St Mary’s Suite of MBA Degrees Accredited by the Chartered Management Institute
- Chartered Management Institute accreditation – The NEN - The NEN
- New Program: CMI Level 5 Certificate in Leadership and Management - HMC Launches Collaboration with the Chartered Management Institute (CMI).
- BU academic joins the Chartered Management Institute (CMI) as regional Chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Fiona Dawsonchair
- ANN FRANCKE CCMI
- Bob Cryan
- Gareth Rhys Williams
- Helen Tupper
- Helene Reardon Bond
- James Andrew Reed
- Joanna Moffatt
- John Zealley
- Matthew Elliott
- Michael Keating
- Tamara Box
- Tim Stewart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £32.3m | £32.6m |
| 31/03/2024 | £31.3m | £31.2m |
| 31/03/2023 | £27.9m | £26.3m |
| 31/03/2022 | £24.0m | £22.0m |
| 31/03/2021 | £21.5m | £17.4m |
Common questions
Is CHARTERED MANAGEMENT INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £0.20m for the year, driven by continued investment in new technology platforms. Despite this, the charity maintains strong liquidity with £21.07m in unrestricted liquid funds and free reserves of £11.76m, which are well above the stated policy target of three months of expenditure. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by BDO LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 04/08/2011 | £10k | Oasis |
Charities like this
- CHARTERED INSTITUTE OF CREDIT MANAGEMENT
- THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
- THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' GENERAL CHARITABLE TRUST FUND
- CHARTERED INSTITUTION OF WASTES MANAGEMENT
- THE CHARTERED INSTITUTE FOR THE MANAGEMENT OF SPORT AND PHYSICAL ACTIVITY
- CHARTERED INSTITUTE OF FUNDRAISING
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHARTERED MANAGEMENT INSTITUTE | £32.3m | — | — | above | — | no doubt |
| CHARTERED INSTITUTE OF CREDIT MANAGEMENT | £1.9m | — | — | above | — | no doubt |
| THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND | £279k | — | 0 | unclear | — | no doubt |
| THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' GENERAL CHARITABLE TRUST FUND | £117k | — | 0 | unclear | — | no doubt |
| CHARTERED INSTITUTION OF WASTES MANAGEMENT | £4.4m | — | — | above | — | no doubt |
| THE CHARTERED INSTITUTE FOR THE MANAGEMENT OF SPORT AND PHYSICAL ACTIVITY | £6.3m | — | — | unclear | — | no doubt |