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THE INSTITUTION OF CHEMICAL ENGINEERS

Registered charity 214379 · accounts filings on the Charity Commission register · also known as ICHEME · also registered in Scotland as SC039661 (OSCR)

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Latest income
£10.6m
Latest spending
£10.2m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £1,175,000 for the year ended 31 December 2025, with unrestricted fund balances increasing to £8,989,000. Per the trustees' report, free reserves of £9,722,000 were held at year-end, which is above the stated policy target range of £6m-£8m. The trustees confirmed that these reserves are sufficient to protect the institution from serious disruption to its work.

What the accounts disclose

Reserves policy: £6m-£8m (held: £9.7m)
“The revised target level adopted by the Trustees is that a range of between £6m-£8m is held in free reserves.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: IChemE Ltd gift aids its operating profit to the charity and the balance of £75,000 (2024: £72,000) is included in debtors for the charity at year end.
“IChemE Ltd gift aids its operating profit to the charity and the balance of £75,000 (2024: £72,000) is included in debtors for the charity at year end.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: IChemE Ltd
“The Institution has a wholly owned trading subsidiary in the UK, IChemE Ltd, established to operate the sale of advertising space in the Institution’s journals and publications.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by RSM UK Audit LLP. Discloses 4 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 31/12/2025)

Total income
£10.6m
Total spending
£10.2m
Cost of raising funds
£87k
Reserves (reported)
£9.7m
Employees
91

Reported reserves equal ~11.5 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Australia · Malaysia · New Zealand · Scotland · Singapore · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£10.6m£10.2m
31/12/2024£10.8m£10.0m
31/12/2023£9.9m£8.9m
31/12/2022£8.7m£8.5m
31/12/2021£8.2m£7.5m

Common questions

Is THE INSTITUTION OF CHEMICAL ENGINEERS financially healthy?

The accounts state that the charity reported a net income of £1,175,000 for the year ended 31 December 2025, with unrestricted fund balances increasing to £8,989,000. Per the trustees' report, free reserves of £9,722,000 were held at year-end, which is above the stated policy target range of £6m-£8m. The trustees confirmed that these reserves are sufficient to protect the institution from serious disruption to its work. Its FY2025 accounts were audited by RSM UK Audit LLP.