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CHARTERED MANAGEMENT INSTITUTE

Registered charity 1091035 · accounts filings on the Charity Commission register · also registered in Scotland as SC038105 (OSCR)

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Latest income
£32.3m
Latest spending
£32.6m
Registered
2002
Accounts read
FY2025

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

Reserves policy: three months of the Charity’s expenditure (held: £11.8m)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: CMI Management and Leadership Sdn Bhd
“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
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £7.9m
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: CMI Enterprises Limited, CMI Management and Leadership Sdn Bhd
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 4 of 6 completeness components.

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

Total income
£32.3m
Total spending
£32.6m
Reserves (reported)
£14.4m
Employees
316

Reported reserves equal ~5.3 months of spending — above the median for charities its size (median 4.6 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£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?

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.