THE INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES
Financial health, per its FY2025 accounts
The accounts state that the Institute held free reserves of £11,896,000, which equated to approximately 6 months of operating expenditure, meeting the Trustees' policy target of between 3 and 6 months. Per the Trustees' report, the financial health is considered sound, with total net assets increasing to £39,417,000 and no loan liabilities at the year-end.
What the accounts disclose
“the Trustees aim to hold free reserves equivalent to between 3 and 6 months operating expenditure.”
“The Institute’s commercial trading subsidiary, Arundel House Enterprises Limited (AHEL), experienced much improved trading conditions” — page 14
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Lord Mark Sedwillchair
- BILL EMMOTT
- Caroline Atkinson
- Chung Min Lee
- Dr Grace Skaugen
- Florence Parly
- Hakeem Belo-Osagie
- John Brennan
- Kasper Rorsted
- Matthew John Symonds
- Matthew Symonds
- Neha Aviral
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £31.6m | £29.5m |
| 30/09/2024 | £26.5m | £25.5m |
| 30/09/2023 | £25.0m | £25.2m |
| 30/09/2022 | £24.5m | £24.0m |
| 30/09/2021 | £18.4m | £17.6m |
Common questions
Is THE INTERNATIONAL INSTITUTE FOR STRATEGIC STUDIES financially healthy?
The accounts state that the Institute held free reserves of £11,896,000, which equated to approximately 6 months of operating expenditure, meeting the Trustees' policy target of between 3 and 6 months. Per the Trustees' report, the financial health is considered sound, with total net assets increasing to £39,417,000 and no loan liabilities at the year-end. Its FY2025 accounts were audited by Crowe U.K. LLP.