INSTITUTE OF MONEY ADVISERS

Registered charity 1112758 · accounts filings on the Charity Commission register · also known as IMA DEVELOPMENTS

The IMA uses its resources to train, inform and educate money advisers so that their work in giving free advice to the public is improved.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Financial health, per its FY2025 accounts

The charity reported a surplus of £70,210 for the year ended 31 December 2025, with unrestricted reserves standing at £1,113,274. The trustees consider the financial performance satisfactory and maintain a reserves policy targeting free reserves equivalent to at least nine months' operating costs, currently valued at £470,630. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Fortus Audit LLP. Discloses 4 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

• AdvicePro — “Our thanks go to the following organisations who have been especially generous in supporting the work we do in the last year: AdvicePro” (source page)

Structured financials (annual return, FY ending 31/12/2025)

Reported reserves equal ~21.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• Aadal Shafiq
• Anna Ruth Walters
• CHARLENE MARKS
• David John Burdis
• Laurence James Goldberg
• Mukhtar Abdillahi Ahmed
• Philip Edward Monk
• Stuart Goodman

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.