INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED
The advancement of education by the development, administration and promotion of:a) programmes of education for students at different levels within schools (primary, middle and upper secondary school levels) for adoption by authorised schools in all countries;b) international examination for authorised schools giving access to higher education in all countries.
Objects
THE OBJECTS OF THE CHARITY ("THE OBJECTS") ARE:3.1 THE ADVANCEMENT OF EDUCATION FOR THE BENEFIT OF THE PUBLIC BY:A) THE DEVELOPMENT AND PROMOTION OF PROGRAMMES OF EDUCATION FOR STUDENTS AT DIFFERENT LEVELS WITHIN SCHOOLS (PRIMARY, MIDDLE AND UPPER SECONDARY LEVELS OR SUCH OTHER LEVELS AS MAY BY RELEVANT OVERSEAS) FOR ADOPTION BY AUTHORISED SCHOOLS IN ALL COUNTRIES;B) THE DEVELOPMENT, ADMINISTRATION AND PROMOTION OF AN INTERNATIONAL EXAMINATION FOR AUTHORISED SCHOOLS GIVING ACCESS TO HIGHER EDUCATION IN ALL COUNTRIES; ANDC) SUCH OTHER MEANS AS THE TRUSTEES OF THE CHARITY MAY DETERMINE; AND3.2 SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £20,364,593, which is below the trustees' stated policy target of £20m. The charity reports a net movement in funds of a loss of £134,413 for the year, primarily due to an unrealised exchange loss, while total income slightly exceeded total expenditure before this adjustment.
What the accounts disclose
“In the band £160,001 - £170,000 2” — page 26
“The Trustees consider an amount equal to one year of operational expenditure to be the Charity's target short term free reserves, a figure of £20m.” — page 9
“The going concern basis is dependent on the going concern of its parent entity, International Baccalaureate Organisation.” — page 19
“Of the internal Trustees, one is remunerated through IB's Foundation Office in Geneva and one through the Charity. The latter is disclosed in Note 8. David Homer and Charlotte Ellwood Aris (external Trustees) received fees from the IB for their work as examiners.”
“The Charity earned a service fee from its parent company of £25.8m (2024: £25.2m) for assessment services provided.” — page 33
“At the year end, the Charity had an outstanding intercompany balance of £3.4m (2024: £0.7m) to the ultimate parent undertaking.” — page 33
“The Charity earned a service fee from its parent company of £25.8m (2024: £25.2m) for assessment services provided.” — page 33
“At the year end, the Charity had an outstanding intercompany balance of £3.4m (2024: £0.7m) to the ultimate parent undertaking.” — page 33
“The liability held in International Baccalaureate Organisation (UK) Limited at 30 June 2025 totalled £349,562, held within creditors on the balance sheet, classified as an other long-term employee benefit under IAS 19 with remeasurements of the net defined benefit liability recognised in profit and loss.” — page 32
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Employees paid over £60,000: 71 (£60,001–£70,000: 37; £70,001–£80,000: 12; £80,001–£90,000: 9; £90,001–£100,000: 5; £100,001–£110,000: 3; £120,001–£130,000: 1; £130,001–£140,000: 1; £150,001–£200,000: 3)
- Trustee benefits, answered Yes to: any trustee benefit
Self-declared on the annual return for the financial year ending 30/06/2024
- Employees paid over £60,000: 62 (£60,001–£70,000: 32; £70,001–£80,000: 12; £80,001–£90,000: 5; £90,001–£100,000: 5; £100,001–£110,000: 2; £110,001–£120,000: 1; £120,001–£130,000: 1; £140,001–£150,000: 2; £150,001–£200,000: 2)
- Trustee benefits, answered Yes to: any trustee benefit
Self-declared on the annual return for the financial year ending 30/06/2023
- Employees paid over £60,000: 13 (£60,001–£70,000: 8; £70,001–£80,000: 4; £140,001–£150,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 30/06/2022 (received 19/06/2023, 50 days after the 30/04/2023 due date).
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Andrea Smith
- David Ralph Homer
- Olli-Pekka Heinonen
- William Henry Oldreive
- Xabisa Avumile Dyosi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £26.7m | £26.7m |
| 30/06/2024 | £25.7m | £25.6m |
| 30/06/2023 | £17.7m | £16.9m |
| 30/06/2022 | £17.7m | £16.9m |
| 30/06/2021 | £17.3m | £16.5m |
Common questions
Is INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £20,364,593, which is below the trustees' stated policy target of £20m. The charity reports a net movement in funds of a loss of £134,413 for the year, primarily due to an unrealised exchange loss, while total income slightly exceeded total expenditure before this adjustment. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
What does the highest-paid employee of INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £160,001 - £170,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| KUSUMA TRUST UK | 1 | £154k |
| THE NUFFIELD FOUNDATION | 1 | £151k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BURSCOUGH BRIDGE | 1 | £64k |
| PAUL FOUNDATION | 1 | £61k |
| THE SYBIL SHINE MEMORIAL TRUST | 1 | £60k |
| THE RANDAL CHARITABLE FOUNDATION | 1 | £50k |
Charities like this
- INTERNATIONAL BACCALAUREATE FUND UK
- The International Medical Education Trust
- THE INTERNATIONAL FEDERATION OF TRAINING AND DEVELOPMENT ORGANISATIONS LIMITED
- THE EDUCATION ENDOWMENT FOUNDATION
- THE BRITISH INSTITUTE OF INTERNATIONAL AND COMPARATIVE LAW
- THE CHARTERED ASSOCIATION OF BUSINESS SCHOOLS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED | £26.7m | £160,001 - £170,000 | — | above | — | noted |
| INTERNATIONAL BACCALAUREATE FUND UK | £924k | — | 0 | unclear | — | no doubt |
| The International Medical Education Trust | £770k | — | 0 | unclear | — | no doubt |
| THE INTERNATIONAL FEDERATION OF TRAINING AND DEVELOPMENT ORGANISATIONS LIMITED | £44k | — | 0 | above | — | no doubt |
| THE EDUCATION ENDOWMENT FOUNDATION | £52.4m | — | 0 | unclear | — | no doubt |
| THE BRITISH INSTITUTE OF INTERNATIONAL AND COMPARATIVE LAW | £2.7m | — | — | unclear | — | no doubt |