THE INSTITUTION OF POWER ENGINEERS
To advance the knowledge of all methods and technologies for the production of power for electricity generation, mechanical drive, energy storage and other uses, including their design, development, application, manufacture, installation, commissioning, operation and maintenance, and promotion of the exchange of information and ideas on these subjects amongst members of the Charity and others.
Objects
The objects of the Charity shall be to advance, for the public benefit, the knowledge of all methods and technologies for the production of power for mechanical drive, electricity generation, marine propulsion, energy storage, etc. by any process and the related products and design, development, application, manufacture, installation, commissioning, operation and maintenance and promotion of the exchange of information and ideas on these subjects amongst the members of the Charity and others.
Financial health, per its FY2025 accounts
The accounts state that the Institution reported a deficit of £7,914 for the year ended 30 June 2025, resulting in a decrease in net assets to £37,960. The Trustees note that while current cash provides liquidity for the forthcoming year, the trend from positive margin to deficit must be noted. The financial review highlights a need to improve sponsorship and event revenues to reverse reduced operating margins.
What the accounts disclose
“The Directors (Trustees) review the minimum cash holding, the reserves policy, and continually monitor actual cash against that minimal holding.”
Policies the charity declares
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 07244044
Company officers (Companies House)
- SAMPATH, Suresh, Professor on trustee list
- TOTTMAN, Peter John on trustee list
- BARKER, Kevin on trustee list
- MACAFEE, Ian David on trustee list
- HARRISON, Paul on trustee list
- COOPER, George Douglas on trustee list
- ARCHER, Stanley not on trustee list
- PLATT, John Anthony on trustee list
- PLATT, John Anthony
Trustees
- George Douglas Cooper
- Ian David Macafee
- JOHN ANTHONY PLATT
- Kevin Barker
- Paul Harrison
- Peter John Tottman
- Professor Suresh Sampath
- RONALD JAMES HUNT
- Stan Archer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £86k | £94k |
| 30/06/2024 | £93k | £92k |
| 30/06/2023 | £98k | £94k |
| 30/06/2022 | £84k | £78k |
| 30/06/2021 | £53k | £50k |
Common questions
Is THE INSTITUTION OF POWER ENGINEERS financially healthy?
Per its FY2025 accounts: The accounts state that the Institution reported a deficit of £7,914 for the year ended 30 June 2025, resulting in a decrease in net assets to £37,960. The Trustees note that while current cash provides liquidity for the forthcoming year, the trend from positive margin to deficit must be noted. The financial review highlights a need to improve sponsorship and event revenues to reverse reduced operating margins. Its FY2025 accounts were independently examined.