THE CAMBRIDGE SECURITY INITIATIVE 2017
The Objects of the Charity are to advance education in relation to international security andintelligence issues through research, provision of educational programmes and collaborations in intelligence studies, teaching and research with national and international universities, the government of the UK and other nations.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £132,578 for the year ended 31 October 2025, with total income of £647,357 against expenditure of £514,779. Per the balance sheet, unrestricted funds stood at £259,906, and the trustees confirmed the accounts were prepared on a going concern basis without noting any material uncertainties or risks to continuity.
What the accounts disclose
“It is the intention of the Directors to establish a reserve, firstly to provide income to support the purposes of the Charity and secondly, as a fund from which capital can be withdrawn to cover budgeted expenditure not covered by current income.” — page 4
“CSi made a donation of £10,000 to the Department of Geopolitics at the University of Cambridge for the enhancement graduate studies in the fields of Intelligence and awarded 5 scholarships worth £15,500.”
Structured financials (annual return, FY ending 31/10/2025)
Trustees
- SIR RICHARD DEARLOVE KCMG OBEchair
- David Ludlow
- Dr Alan Michael Dawson
- Dr Daniela Richterova
- Professor Michael Simon Goodman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £647k | £515k |
| 31/10/2024 | £723k | £617k |
| 31/05/2023 | £297k | £304k |
| 31/05/2022 | £88k | £73k |
| 31/05/2021 | £26 | £33k |
Common questions
Is THE CAMBRIDGE SECURITY INITIATIVE 2017 financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £132,578 for the year ended 31 October 2025, with total income of £647,357 against expenditure of £514,779. Per the balance sheet, unrestricted funds stood at £259,906, and the trustees confirmed the accounts were prepared on a going concern basis without noting any material uncertainties or risks to continuity.