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ROYAL INSTITUTION OF NAVAL ARCHITECTS

Registered charity 211161 · accounts filings on the Charity Commission register · also known as R I N A

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Latest income
£1.9m
Latest spending
£2.3m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating deficit in unrestricted funds of £841k, resulting in a decrease in free reserves to £522k. Per the trustees' report, the institution has sufficient unrestricted reserves and liquid investments to meet financial obligations and manage short-term disruptions despite the deficit.

What the accounts disclose

Highest-paid employee band: £140,001 - £150,000 — above the 90th percentile for charities its size (median £70k)
“one employee received remuneration in the range £140,000-£150,000.”
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 7
“Three employees received remuneration in the range £60,000-£70,000, two employee received remuneration in the range £70,000-£80,000, one employee received renumeration in the range of £90,000-£100,000 and one employee received remuneration in the range £140,000-£150,000.” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £522k)
“The Board of Trustees’ policy is to maintain minimum cash reserves at the level of 3 months forward cash outflow from HQ operating costs net of rental and investment income, namely circa £250k”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 6 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 30/09/2025)

Total income
£1.9m
Total spending
£2.3m
Reserves (reported)
£5.6m
Employees
19

Reported reserves equal ~29.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · City Of Westminster · Indonesia · Italy · New Zealand · South Korea · United Arab Emirates

Income and spending

Financial year endIncomeSpending
30/09/2025£1.9m£2.3m
30/09/2024£2.1m£2.9m
30/09/2023£2.0m£2.7m
30/09/2022£1.9m£2.1m
30/09/2021£1.7m£2.1m

Common questions

Is ROYAL INSTITUTION OF NAVAL ARCHITECTS financially healthy?

The accounts state that the charity reported an operating deficit in unrestricted funds of £841k, resulting in a decrease in free reserves to £522k. Per the trustees' report, the institution has sufficient unrestricted reserves and liquid investments to meet financial obligations and manage short-term disruptions despite the deficit. Its FY2024 accounts were audited by HaysMac LLP.

What does the highest-paid employee of ROYAL INSTITUTION OF NAVAL ARCHITECTS earn?

Per its FY2024 accounts, the highest-paid employee was in the £140,001 - £150,000 band, and 7 employees earned over £60,000.