THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY
CIPFA aims to work in the public interest to promote high standards and deliver excellence in governance and financial management throughout the public services.
Financial health, per its FY2024 accounts
The accounts state that total income rose to £30.9m, driven by charitable activities and asset sales, while costs remained broadly level at £28.0m, resulting in a net reserves increase of £1.4m to £13.9m. The charity is actively working to settle its remaining pension liability of £6.5m by 2028 and aims to rebuild unrestricted reserves to a target of three months' expenditure, currently standing at £6.6m. Per the trustees' report, the organization maintains a strong cash position and considers its reserves position not to impede going concern.
What the accounts disclose
“In 2024, one trustee was remunerated (£3,000) for provision of services other than trustee services. This comprised work to support client work.”
“The remaining liability of £6,564,000 (2023: £8,135,000) being paid off over the next four years to June 2028.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amanda Dowse
- Andrew Francis
- Caroline Al-Beyerty
- Clementine Johnson
- David Blair
- Dr Deirdre Bane
- Dr Jamie Carrahar MBE
- Hardev Virdee
- Harriet Aldridge
- Ian Owen
- Ian Williams
- Jack O'Shea
- Julie Murphy
- Libby Mason
- Lin Liu
- Marcel Mukeshimana
- Mark McBride
- Michael Curtis
- Michael Wildman
- Mike Newbury
- Nina Philippidis
- Paul Vorbach
- Peter Gillett
- Peter Welch
- Professor Toshihiko Ishihara
- Rebecca Nelson
- Simone Hines
- Sir Mark Lowcock KCB
- Sofia Mahmood
- Steven Corbishley
- Theresa Channell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30.9m | £27.9m |
| 31/12/2023 | £28.2m | £28.1m |
| 31/12/2022 | £28.5m | £27.3m |
| 31/12/2021 | £26.6m | £23.1m |
| 31/12/2020 | £26.4m | £23.6m |
Common questions
Is THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY financially healthy?
Per its FY2024 accounts: The accounts state that total income rose to £30.9m, driven by charitable activities and asset sales, while costs remained broadly level at £28.0m, resulting in a net reserves increase of £1.4m to £13.9m. The charity is actively working to settle its remaining pension liability of £6.5m by 2028 and aims to rebuild unrestricted reserves to a target of three months' expenditure, currently standing at £6.6m. Per the trustees' report, the organization maintains a strong cash position and considers its reserves position not to impede going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AURORA TRUST | 1 | £11k |
| THE J J CHARITABLE TRUST | 1 | £11k |
| THE MARK LEONARD TRUST | 1 | £11k |
| THE BARROW CADBURY TRUST | 1 | £10k |
Charities like this
- IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND
- Centre for Public Impact Europe
- THE CHARTERED INSTITUTE OF PLUMBING AND HEATING ENGINEERING
- THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND
- THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT
- COMMONWEALTH PARLIAMENTARY ASSOCIATION (UNITED KINGDOM BRANCH)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY | £30.9m | — | — | unclear | — | no doubt |
| IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND | £169k | — | 0 | within | — | no doubt |
| Centre for Public Impact Europe | £3.0m | — | — | within | — | no doubt |
| THE CHARTERED INSTITUTE OF PLUMBING AND HEATING ENGINEERING | £1.3m | £100,001 - £110,000 | 2 | unclear | — | no doubt |
| THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND | £279k | — | 0 | unclear | — | no doubt |
| THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT | £20.4m | £365,578 | — | below | — | no doubt |