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THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY

Registered charity 231060 · accounts filings on the Charity Commission register · also known as C I P F A, THE INSTITUTE OF MUNICIPAL TREASURERS AND ACCOUNTANTS · listed website unreachable when last crawled · also registered in Scotland as SC037963 (OSCR)

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Latest income
£30.9m
Latest spending
£27.9m
Registered
1964
Accounts read
FY2024

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

Payments to trustees: One trustee was paid £3,000 for provision of services other than trustee services (examiner of SPF module).
“In 2024, one trustee was remunerated (£3,000) for provision of services other than trustee services. This comprised work to support client work.”
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £6.6m
“The remaining liability of £6,564,000 (2023: £8,135,000) being paid off over the next four years to June 2028.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£30.9m
Total spending
£27.9m
Reserves (reported)
£4.2m
Employees
211

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Australia · Bangladesh · Botswana · Canada · China · Ireland · Italy · Kazakhstan · Lesotho · Malta · Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
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?

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.