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.
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 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
- Reserves position vs the charity's own policy moved from "below" (FY2024) to "above" (FY2025).
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
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.
Charities like this
- INTERNATIONAL BACCALAUREATE FUND UK
- INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED
- IESE FOUNDATION UK
- INTERNATIONAL FOUNDATION FOR CHILDREN'S EDUCATION
- IAPS CHARITABLE TRUST
- HIGHER EDUCATION POLICY INSTITUTE
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 |
| INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED | £479k | — | 0 | above | — | no doubt |
| IESE FOUNDATION UK | £357k | — | 0 | unclear | — | no doubt |
| INTERNATIONAL FOUNDATION FOR CHILDREN'S EDUCATION | £762k | — | 0 | unclear | — | no doubt |
| IAPS CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |