THE CHARTERED INSTITUTION OF HIGHWAYS AND TRANSPORTATION
Latest income
£3.9m
Latest spending
£3.7m
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that free reserves stood at £2,819,000, which is above the stated policy target of four months' operating expenditure estimated at £1,196,000. The trustees and auditors confirm that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
Reserves policy: four months’ operating expenditure estimated as £1,196k (held: £2.8m)
“CIHT maintains reserves to enable the Institution to fulfill its objectives and to implement the Corporate Plan as well as ensuring the provision of liquid resources representing four months’ operating expenditure estimated as £1,196k based on the 2025 budget.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Recharge of staff costs from the parent charity to the subsidiary undertaking
“The subsidiary results for the year include the following transactions with the parent charity: Recharge of staff costs from the parent charity to the subsidiary undertaking £ 247,060” — page 38
“Expenses for travel and subsistence reimbursed to 14 Trustees amounted to £14,828” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses reimbursed
“The subsidiary results for the year include the following transactions with the parent charity: Recharge of staff costs from the parent charity to the subsidiary undertaking £ 247,060” — page 38
“Expenses for travel and subsistence reimbursed to 14 Trustees amounted to £14,828” — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Appian Trading Limited
“The charity owns the whole of the issued ordinary share capital of Appian Trading Limited, a company registered in England. The subsidiary is used for non-primary purpose trading activities.” — page 38
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£3.9m
Total spending
£3.7m
Cost of raising funds
£775k
Reserves (reported)
£1.5m
Employees
32
Register events
- Received assets from another charity (02/06/2015)
Trustees
- Anne Catherine Shaw
- Glenn Donald Lyons
- Jimoh Ibrahim
- Joanne Lesley Roberts
- Jonathan Parker
- Katherine Mary Carpenter
- Mitesh Solanki
- Nicholas William Bowyer
- Owen Conrad Timothy Jenkins
- Peter Molyneux CEng FCIHT
- Simon James Hindshaw CEng FCIHT
- Steven Dennis Carmody
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.9m | £3.7m |
| 31/12/2023 | £3.7m | £3.5m |
| 31/12/2022 | £2.9m | £3.0m |
| 31/12/2021 | £2.3m | £2.5m |
| 31/12/2020 | £2.4m | £2.3m |
Common questions
Is THE CHARTERED INSTITUTION OF HIGHWAYS AND TRANSPORTATION financially healthy?
The accounts state that free reserves stood at £2,819,000, which is above the stated policy target of four months' operating expenditure estimated at £1,196,000. The trustees and auditors confirm that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2024 accounts were audited by Sayer Vincent LLP.