CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net income of £58,388 for the year ended 28 February 2023, with total unrestricted funds carried forward of £2,193,896. The trustees maintain a reserves policy aimed at retaining liquid reserves sufficient to cover day-to-day activities and contingencies, specifically noting a minimum six-month contingency cover against rental income cessation or poor cash flow. Per the independent auditors, there are no material uncertainties relating to the charity's ability to continue as a going concern.
What the accounts disclose
“A general reserves fund is maintained as a minimum six months contingency cover against the possible threat of current rental income ceasing and poor cash flow emanating from late or unpaid subscriptions.” — page 19
“The Institution has a wholly owned trading subsidiary SURCO Limited which operates in accordance with UK Charities legislation” — page 6
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Alison Watsonchair
- Afsheen Ul-Haq
- Alexandra Pearsall
- Bernice Cowton
- Daniel Wai Sum
- Dr Andrew Evans FCInstCES
- Genna Rourke
- Jim McCluskey
- MR CHRIS BIRCHALL
- Marek Suchocki
- Mark Coates
- Mark White
- Michael Rogers
- Michael Wood
- Peter Hallsworth FCInstCES
- Russell Welsh
- Sandy Powell
- Simon Navin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £1.3m | £1.3m |
| 29/02/2024 | £1.2m | £1.2m |
| 28/02/2023 | £1.1m | £1.1m |
| 28/02/2022 | £1.1m | £907k |
| 28/02/2021 | £1.0m | £868k |
Common questions
Is CHARTERED INSTITUTION OF CIVIL ENGINEERING SURVEYORS financially healthy?
The accounts state that the charity generated a net income of £58,388 for the year ended 28 February 2023, with total unrestricted funds carried forward of £2,193,896. The trustees maintain a reserves policy aimed at retaining liquid reserves sufficient to cover day-to-day activities and contingencies, specifically noting a minimum six-month contingency cover against rental income cessation or poor cash flow. Per the independent auditors, there are no material uncertainties relating to the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Murray Smith LLP.