THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY

Registered charity 212992 · accounts filings on the Charity Commission register · also known as IMAREST

IMarEST is the leading professional membership body and learned society for all marine professionals, with over 20,000 members worldwide. The Institute has a strong international presence with an extensive network of around 50 international branches, offers peer-reviewed journals and an industry-focused magazine, produces conferences and events, and enjoys non-governmental status at IMO.

Causes: Education/training · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that total net assets decreased to £11,948K from £12,185K in the prior year, driven by a net deficit on charitable activities and a reduction in unrestricted investment assets. The charity maintains free reserves of £6.7M, which exceeds its stated minimum policy target of £5.0M, and the trustees consider there to be no material uncertainties regarding the group's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

• Chris Goldsworthy — Chief Executive (source)
• Alasdair Wishart — Director of Technical and Policy (source)
• Professor Deborah Greaves OBE — President (source)

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.

Public profiles (found on the charity’s own website): facebook · instagram

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

Reported reserves equal ~22.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (83% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• Kevin Daffeychair
• Alexander Frank Walster
• Anthony Edward Hill · trustee of 1 other charity
• Christopher Hodge
• Claudene Mary Sharp-Patel
• Dr Obed Nimi Abili
• Dr Sridev Mookerjea
• EUR ING Gary John McKenzie · trustee of 2 other charities
• Francis Byrne Mungo
• Gary David Spencer
• Kaushik Roy
• Kelly Jane Smith
• Michael Watt
• Prof. Deborah Mary Greaves
• Prof. Stephen John de Mora
• Rear Admiral Jeremy James Bailey RN
• Rebecca Stanley
• Sarah Grimshaw
• Shangeetha Mahesan

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

Operates in: Australia · Bangladesh · Belgium · Bermuda · Burma · Cyprus · Egypt · Greece · Hong Kong · Indonesia · Ireland · Isle Of Man

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY.

• THE GUILD OF BENEVOLENCE OF THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY income £723k
• ROYAL INSTITUTE OF NAVIGATION income £705k
• THE NAUTICAL INSTITUTE income £6.9m
• THE INSTITUTION OF ENGINEERING AND TECHNOLOGY income £64.1m
• ROYAL INSTITUTION OF NAVAL ARCHITECTS income £1.9m
• THE INSTITUTION OF GAS ENGINEERS AND MANAGERS income £2.5m

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.