ASSOCIATION FOR PROJECT MANAGEMENT
The charitable object of APM is advancing the science theory and practice of project and programme management for the public benefit. We are the Chartered Body for the project profession and offer membership, qualifications and wide support to project professionals.
Latest income
£17.8m
Latest spending
£18.4m
Registered
2017
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £520,313 for the year ended 31 March 2025, resulting in a reduction of total net assets from £7.4m to £6.9m. Per the trustees' report, free reserves of £3.4m remain within the Board-approved policy range of £5.5m to £9.8m, supported by an investment portfolio valued at £5.6m. The charity confirms there are no material uncertainties regarding its ability to continue in operational existence.
What the accounts disclose
Highest-paid employee band: £180,001 - £190,000 — in the top quarter for charities its size (median £130k)
“£180,001 - £190,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Examination and other contractual income (56% of income)
“Examination and other contractual income 9,946,900”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £5.5m to £9.8m (held: £3.4m)
“The total reserve range is set between £5.5m and £9.8m (last reviewed in January 2024).” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Services purchased from Positively Project Management, a company directed by Trustee Sheilina Somani, for Chartered Project Professional assessments.
“During the year the charity bought services from Positively Project Management amounting to £15,220 (2024: £18,130) for Chartered Project Professional assessments. Sheilina Somani is a Trustee of the charity and a director of Positively Project Management.” — page 54
“Chartered assessment services amounting to £2,475 (2024: £250) were also provided from James White, also a Trustee bringing the total of services purchased to £17,695 (2024: £18,380) from two Trustees (2024: 2).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Services purchased from James White, a Trustee, for Chartered assessment services.
“During the year the charity bought services from Positively Project Management amounting to £15,220 (2024: £18,130) for Chartered Project Professional assessments. Sheilina Somani is a Trustee of the charity and a director of Positively Project Management.” — page 54
“Chartered assessment services amounting to £2,475 (2024: £250) were also provided from James White, also a Trustee bringing the total of services purchased to £17,695 (2024: £18,380) from two Trustees (2024: 2).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Intercompany transactions for shared resources with wholly owned subsidiary Ibis Trading Limited.
“During the year the charity bought services from Positively Project Management amounting to £15,220 (2024: £18,130) for Chartered Project Professional assessments. Sheilina Somani is a Trustee of the charity and a director of Positively Project Management.” — page 54
“Chartered assessment services amounting to £2,475 (2024: £250) were also provided from James White, also a Trustee bringing the total of services purchased to £17,695 (2024: £18,380) from two Trustees (2024: 2).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Gift aid of surplus funds from wholly owned subsidiary Ibis Trading Limited.
“During the year the charity bought services from Positively Project Management amounting to £15,220 (2024: £18,130) for Chartered Project Professional assessments. Sheilina Somani is a Trustee of the charity and a director of Positively Project Management.” — page 54
“Chartered assessment services amounting to £2,475 (2024: £250) were also provided from James White, also a Trustee bringing the total of services purchased to £17,695 (2024: £18,380) from two Trustees (2024: 2).”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Ibis Trading Limited
“The charity’s wholly-owned subsidiary, Ibis Trading Limited (06536096), is established as a trading arm.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
In the news
- Association for Project Management urges Government and industry to use major national projects to create new opportunities for NEETs and early-career talent
- Brisk Group becomes corporate partner of Association for Project Management
- Association for Project Management Roundtable
- ‘Be bold and brave’ to make projects successful, business leaders urged | Association for Project Management
- Association for Project Management sees strong Middle East growth
- APM Body of Knowledge 8th edition now available | Association for Project Management
- Association for Project Management appoints acclaimed business leader Yvonne Thompson as new President
- DE&S proud finalists at Association for Project Management Awards 2023
Corporate structure
- Trading subsidiary: IBIS TRADING LIMITED Companies House 06536096
IBIS TRADING LIMITED — per its own Companies House accounts
- Turnover: £288k
- Profit before tax: £195k
- Donated/gift-aided to the charity: £195k
- },
“The profit for the year is distributed by way of gift aid to the Association for Project Management, the charitable parent company.”
Leadership, per the charity’s website
- Amy Morley — APM board chair
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Total income
£17.9m
Total spending
£18.4m
Cost of raising funds
£1.6m
Reserves (reported)
£6.9m
Employees
153
Register events
- Received assets from another charity (21/08/2017)
Trustees
- Amy Morleychair
- Carolyn Jane Brown
- David Philip Cox
- Duncan Ross Russell
- James White
- Jennifer Storry
- Joanna Quirk
- Lisa Martello
- Martina Blake
- Michelle Dawn Richmond MBE
- Rudy Hughes
- Sue Simmonite
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £17.8m | £18.4m |
| 31/03/2024 | £16.2m | £15.2m |
| 31/03/2023 | £13.8m | £14.2m |
| 31/03/2022 | £11.2m | £11.3m |
| 31/03/2021 | £10.1m | £10.9m |
Common questions
Is ASSOCIATION FOR PROJECT MANAGEMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £520,313 for the year ended 31 March 2025, resulting in a reduction of total net assets from £7.4m to £6.9m. Per the trustees' report, free reserves of £3.4m remain within the Board-approved policy range of £5.5m to £9.8m, supported by an investment portfolio valued at £5.6m. The charity confirms there are no material uncertainties regarding its ability to continue in operational existence. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of ASSOCIATION FOR PROJECT MANAGEMENT earn?
Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GUARDIAN FOUNDATION | 1 | £28k |
Charities like this
- THE A PROJECT
- Association of Higher Education Professionals
- THE CHARTERED ASSOCIATION OF BUSINESS SCHOOLS
- SOCIETY FOR APPLIED PHILOSOPHY
- HEALTHCARE PEOPLE MANAGEMENT ASSOCIATION
- INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASSOCIATION FOR PROJECT MANAGEMENT | £17.8m | £180,001 - £190,000 | — | unclear | — | no doubt |
| THE A PROJECT | £304k | — | 0 | unclear | — | no doubt |
| Association of Higher Education Professionals | £761k | — | 0 | unclear | — | no doubt |
| THE CHARTERED ASSOCIATION OF BUSINESS SCHOOLS | £18.3m | — | — | unclear | — | no doubt |
| SOCIETY FOR APPLIED PHILOSOPHY | £131k | — | 0 | unclear | — | noted |
| HEALTHCARE PEOPLE MANAGEMENT ASSOCIATION | £896k | £80,001 - £90,000 | 1 | below | — | no doubt |