THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITY

Registered charity 1113488 · accounts filings on the Charity Commission register · also known as THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITABLE TRUST

1. The advancement of education and training of the public in matters related to IT2. Promoting the effectiveness and efficiency of charities and the effective use of resources to achieve charitable purposes by the provision of advice and support in relation to IT3. Subject to 1 & 2 above the provision of grants for such purposes as are charitable according to the law of England & Wales

Objects

3.1 THE ADVANCEMENT OF EDUCATION AND TRAINING OF THE PUBLIC IN MATTERS RELATED TO INFORMATION TECHNOLOGY.3.2 PROMOTING THE EFFECTIVENESS AND EFFICIENCY OF CHARITIES AND THE EFFECTIVE USE OF RESOURCES TO ACHIEVE CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC BY THE PROVISION OF ADVICE AND SUPPORT IN RELATION TO INFORMATION TECHNOLOGY.3.3 SUBJECT TO OBJECTS 3.1 AND 3.2, THE PROVISION OF GRANTS FOR SUCH PURPOSES AS ARE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES

Area of benefit: NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: City of London, London, England (from the postcode on the register)

Latest income
£378k
Latest spending
£445k
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity is in sound financial health, with unrestricted funds totaling £1,512,860, which is above the stated reserves policy target of £250,000. The charity generated a surplus of £389,846 for the year, driven by a net gain on investments of £456,890, and maintains positive cash flow. The trustees confirm adequate resources to continue in operational existence for the foreseeable future.

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

What the accounts disclose

Reserves policy: hold free reserves sufficient to cover up to six months’ forward activity. This is estimated to be £250,000. (reserves figure: £1.5m)
“It is the policy of the WCIT Charity to maintain its free reserves at a level to enable it to be administered efficiently, to meet its short-term expenditure requirements, and have adequate resources to fund its charitable activities and projects, i.e. hold free reserves sufficient to cover up to six months’ forward activity. This is estimated to be £250,000.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trustees of the WCIT Charity are, in the main, drawn from the membership of the Worshipful Company of Information Technologists which is, therefore, a related party. The WCIT Charity owns 100% of the share capital in CITO Management Services Limited and this company is also a related party of the Charity. However, this company has been dormant since 31st December 2009.
“The Trustees of the WCIT Charity are, in the main, drawn from the membership of the Worshipful Company of Information Technologists which is, therefore, a related party. The WCIT Charity owns 100% of the share capital in CITO Management Services Limited and this company is also a related party of the Charity. However, this company has been dormant since 31st December 2009.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: CITO Management Services Limited
“The WCIT Charity owns 100% of the share capital in CITO Management Services Limited and this company is also a related party of the Charity. However, this company has been dormant since 31st December 2009.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Menzies LLP. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Volunteers: 30
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 20
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Volunteers: 20
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

CITO MANAGEMENT SERVICES LIMITED — per its own Companies House accounts
  • The company is dormant and entitled to exemption under section 480 of the Companies Act 2006.

Public fundraising profile: JustGiving — WCIT Charity (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£832k
Total spending
£484k
Cost of raising funds
£16k
Reserves (reported)
£1.4m
Employees
2

Reported reserves equal ~33.8 months of spending — in the top quarter for charities its size (median 7.2 months; benchmarks).

Per its annual return, cost of raising funds: 2.0% of total income — below the median for charities its size (3.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£378k£445k
31/12/2024£423k£478k
31/12/2023£365k£392k
31/12/2022£375k£472k
31/12/2021£832k£484k

Common questions

Is THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity is in sound financial health, with unrestricted funds totaling £1,512,860, which is above the stated reserves policy target of £250,000. The charity generated a surplus of £389,846 for the year, driven by a net gain on investments of £456,890, and maintains positive cash flow. The trustees confirm adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Menzies LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation28/01/2016£47kGrant to Charity IT Association

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE WORSHIPFUL COMPANY OF INFORMATION TECHNOLOGISTS CHARITY£378k—0above—no doubt
THE WORSHIPFUL COMPANY OF ENGINEERS CHARITABLE TRUST FUND FY2025£219k—0within—no doubt
Charity Technology Leadership FY2025£203kmore than £60,0005unclear—no doubt
CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS FY2025£99k—0within—no doubt
THE INSTITUTION OF ANALYSTS & PROGRAMMERS FY2025£48k—0above—no doubt
THE TURING TRUST FY2025£783k—0within—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.