INSTITUTE OF DEMOLITION ENGINEERS
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £38,914 for the year ended 30 April 2023, resulting in a decrease in unrestricted net assets to £162,213. The Trustees have established a reserves policy targeting between 3 and 6 months of expenditure, with a specific target of £82,000 to £130,000 in general funds. Per the trustees' report, the Council of Management is confident that current reserves are sufficient to meet working capital requirements and continue activities even in the event of a significant drop in funding.
What the accounts disclose
Register events
- Received assets from another charity (11/01/2016)
Trustees
- DUNCAN RUDALL FIDE
- Gary Bishop FIDE
- HOWARD MARTIN BUTTON FIDE
- Richard Dolman
- VERNON WATSON FRSH FIDE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £189k | £199k |
| 30/04/2024 | £212k | £238k |
| 30/04/2023 | £207k | £246k |
| 30/04/2022 | £176k | £206k |
| 30/04/2021 | £107k | £126k |
Common questions
Is INSTITUTE OF DEMOLITION ENGINEERS financially healthy?
The accounts state that the charity reported a deficit of £38,914 for the year ended 30 April 2023, resulting in a decrease in unrestricted net assets to £162,213. The Trustees have established a reserves policy targeting between 3 and 6 months of expenditure, with a specific target of £82,000 to £130,000 in general funds. Per the trustees' report, the Council of Management is confident that current reserves are sufficient to meet working capital requirements and continue activities even in the event of a significant drop in funding. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REES JEFFREYS ROAD FUND | 1 | £40k |
| Friends of the Nations' Libraries | 1 | £6k |