THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT
Financial health, per its FY2025 accounts
The accounts state that the charity maintained a healthy financial position with free reserves equivalent to 11.17 months of operating costs, which is below the stated policy target of 12 months. The charity recorded a small retained surplus of £129,260 for the year, driven by increased income despite higher operating expenditure. The Trustees confirmed the charity has adequate resources and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The emoluments including payment in lieu of pension, of the highest paid employee, the Chief Executive, were £365,578.”
“The target level of reserves is equivalent to 12 months operating costs.” — page 9
“None of the Trustees who served during the year received any emoluments from the Charity in the current or prior year, with the exception of the Chair. The Charity’s Royal Charter provides for the Chair to be remunerated for their services and emoluments totalling £52,493 (2024: £44,265) were paid to the holder of that post during the year.” — page 25
“There have been no related party transactions that require disclosure other than transactions with the subsidiary company, Chartered Institute for Securities & Investment (Services) Limited, as set out below: In 2024/25 the Charity charged CISI Services Limited for salary costs as the costs of staff are borne by Chartered Institute for Securities & Investment and are recharged to the company monthly based on an estimate of activity. This amounts to £2,652 in the year (2023/24: £2,652). CISI Services made a donation under gift aid during the year of £118,495 (2023/24: £100,932). At the year end the Charity owed CISI Services Limited £170,011 (2023/24: £291,965). During the year, the Charity paid expenses on behalf of its overseas offices totalling £1,238,680 (2023/24: £1,370,573). At the year end the Charity was owed £nil (2023/24: £1,407,181) by Chartered Institute for Securities and Investment (Singapore) Pte. Ltd.” — page 32
“The Institute’s wholly owned UK trading subsidiary, which undertakes non-charitable activities, recorded a loss after tax and distributions of £122,676 (2023/24: loss of £5,381).” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Michael Cole-Fontaynchair
- Catherine Sidony McGuinnes
- Clair Victoria Mills
- Claire Michelle Perryman
- Graham Nicoll
- Ian Christopher Clark
- Jane Elizabeth Orde Valls CSK
- Kottage Don Nandika Buddhipala
- Neil Atkinson
- Nicholas Anthony Garnish
- Robert Charles Hughes-Penney
- Rosemary Pema Glazebrook
- Susan Daniel Goriel
- Sushil Kumar Saluja
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £20.4m | £20.3m |
| 31/03/2024 | £19.2m | £18.3m |
| 31/03/2023 | £19.0m | £16.5m |
| 31/03/2022 | £17.0m | £17.3m |
| 31/03/2021 | £13.4m | £14.0m |
Common questions
Is THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT financially healthy?
The accounts state that the charity maintained a healthy financial position with free reserves equivalent to 11.17 months of operating costs, which is below the stated policy target of 12 months. The charity recorded a small retained surplus of £129,260 for the year, driven by increased income despite higher operating expenditure. The Trustees confirmed the charity has adequate resources and no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT earn?
Per its FY2025 accounts, the highest-paid employee was in the £360,001 - £370,000 band.