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 · also registered in Scotland as SC037963 (OSCR)

CIPFA aims to work in the public interest to promote high standards and deliver excellence in governance and financial management throughout the public services.

Causes: Education/training · website · Get email alerts

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

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.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £13.3m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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).

Per its annual return, largest income source: Other trading activities (57% 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 (3.8%) (benchmarks).

Trustees · trustee networks

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?

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

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

FunderSimilar charities fundedAmount to them
THE AURORA TRUST1£11k
THE J J CHARITABLE TRUST1£11k
THE MARK LEONARD TRUST1£11k
THE BARROW CADBURY TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY£30.9m——unclear—no doubt
IPROVISION THE CHARTERED INSTITUTE OF PUBLIC RELATIONS (CIPR) BENEVOLENT FUND FY2025£169k—0within—no doubt
Centre for Public Impact Europe FY2024£3.0m——within—no doubt
THE CHARTERED INSTITUTE OF PLUMBING AND HEATING ENGINEERING FY2024£1.3m£100,001 - £110,0002unclear—no doubt
THE CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS' BENEVOLENT FUND FY2024£279k—0unclear—no doubt
THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT FY2025£20.4m£365,578—below—no doubt

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