INTERNATIONAL BACCALAUREATE ORGANIZATION (UK) LIMITED
Latest income
£26.7m
Latest spending
£26.7m
Registered
2008
Accounts read
FY2025
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
Highest-paid employee band: £160,001 - £170,000 — in the top quarter for charities its size (median £125k)
“In the band £160,001 - £170,000 2” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one year of operational expenditure, a figure of £20m (held: £20.4m)
“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
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The going concern basis is dependent on the going concern of its parent entity, International Baccalaureate Organisation.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One internal trustee is remunerated through IB's Foundation Office in Geneva and one through the Charity. David Homer and Charlotte Ellwood Aris received fees from the IB for their work as examiners. Expenses were reimbursed to 1 Trustee.
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Service fee income from parent
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Outstanding intercompany balance with parent
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation to parent
“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
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £350k
“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
Per its FY2025 accounts as filed with the Charity Commission.
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).
Structured financials (annual return, FY ending 30/06/2025)
Total income
£26.7m
Total spending
£26.7m
Reserves (reported)
£20.4m
Employees
396
Trustees
- Andrea Smith
- Charlotte Ruth ELLWOOD ARIS
- David Ralph Homer
- Olli-Pekka Heinonen
- William Henry Oldreive
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?
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 |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, LEICESTER | 1 | £875 |