THE CHARTERED INSTITUTE FOR THE MANAGEMENT OF SPORT AND PHYSICAL ACTIVITY
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an operating deficit of £104,660 for the year ended 31 March 2025, a reduction from the previous year's deficit of £209,227. Per the trustees' report, unrestricted reserves currently stand at £666,920, which is above the stated policy target range of £293,991 to £1,005,907. The charity remains significantly supported by grant funding from Sport England, with confirmed funding totalling £11.25m to 2026/27.
What the accounts disclose
“The current target is based upon building free reserves to cover approximately 3 – 6 months of ongoing costs. The reserves target for the next 3 – 5 years is therefore between £293,991 and £1,005,907”
“Marc Woods, Chair has received remuneration of £8,000 including VAT (2024 - £8,000 including VAT). No other Trustee received any remuneration or other benefits.” — page 33
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Trevor Pearcechair
- Adriano Gaveglia
- Alicia Wilson
- Catherine Dineley
- John Harrison
- Lorna Jane Brooks
- Magali Bruna
- Manos Kapterian
- Matthew Vaughan
- Paul Neale
- Tracy Levy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.3m | £6.4m |
| 31/03/2024 | £7.5m | £7.7m |
| 31/03/2023 | £6.2m | £6.2m |
| 31/03/2022 | £6.2m | £5.7m |
| 31/03/2021 | £5.0m | £5.0m |
Common questions
Is THE CHARTERED INSTITUTE FOR THE MANAGEMENT OF SPORT AND PHYSICAL ACTIVITY financially healthy?
The accounts state that the charity achieved an operating deficit of £104,660 for the year ended 31 March 2025, a reduction from the previous year's deficit of £209,227. Per the trustees' report, unrestricted reserves currently stand at £666,920, which is above the stated policy target range of £293,991 to £1,005,907. The charity remains significantly supported by grant funding from Sport England, with confirmed funding totalling £11.25m to 2026/27. Its FY2025 accounts were audited by HaysMac LLP.