THE INSTITUTE OF QUARRYING
To advance the science, practice and professionalism of quarrying through education, training and the encouragement of progressive improvements in standards of business, technical and environmental performance.
Financial health, per its FY2024 accounts
The accounts state that the charity made a surplus of £263,900 for the year ended 31 December 2024, driven by investment gains. The trustees consider the reserves of £3,484,696 (excluding restricted funds) to be adequate to maintain the charity's ability to carry out its stated objectives.
What the accounts disclose
“As a result of the review into the principal risks and uncertainties, the Trustees consider the reserves to be adequate to produce 6 revenue stream to maintain its ability to carry out its stated objectives.” — page 12
“During the year the company made purchases of £36,295 (2023: £15,249) and generated income of £1,754 (2023: £16,255) from The QMJ Group Limited, a related company in which The Institute of Quarrying has a material interest.” — page 65
“During the year the company made purchases of £23,535 (2023: £Nil) and generated income of £4,234 (2023: £4,091) from EPC United Kingdom Limited, a related company in which The institute of Quarrying has a material interest.” — page 65
“During the year the company made purchases of £36,295 (2023: £15,249) and generated income of £1,754 (2023: £16,255) from The QMJ Group Limited, a related company in which The Institute of Quarrying has a material interest.” — page 65
“During the year the company made purchases of £23,535 (2023: £Nil) and generated income of £4,234 (2023: £4,091) from EPC United Kingdom Limited, a related company in which The institute of Quarrying has a material interest.” — page 65
Leadership, per the charity’s website
- Ben Williams — President
- Ben Uphill — Chair
- James Thorne — Joint CEO
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Adrian Paul Wilkinson
- Benjamin Charles Williams
- Benjamin Mark Uphill
- Dr Helen Katherine Bailey-Watkins
- James Stuart Whitelaw
- Kenneth Andrew Meadows
- Robert Maurice-Jones
- Steven Richard Godfrey
- Wayne Thomas David Darwin
- William James Hardcastle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.4m | £1.5m |
| 31/12/2024 | £1.2m | £1.3m |
| 31/12/2023 | £1.0m | £1.3m |
| 31/12/2022 | £1.2m | £1.4m |
| 31/12/2021 | £611k | £1.0m |
Common questions
Is THE INSTITUTE OF QUARRYING financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a surplus of £263,900 for the year ended 31 December 2024, driven by investment gains. The trustees consider the reserves of £3,484,696 (excluding restricted funds) to be adequate to maintain the charity's ability to carry out its stated objectives. Its FY2024 accounts were audited by Dains Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.2m |
| GARFIELD WESTON FOUNDATION | 1 | £500k |
| THE CHARLES SKEY CHARITABLE TRUST | 1 | £140k |
| THE TEDWORTH CHARITABLE TRUST | 1 | £20k |
| THE ALDGATE AND ALLHALLOWS FOUNDATION | 1 | £20k |
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | 1 | £18k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £15k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £10k |
Charities like this
- THE INSTITUTE OF MATERIALS, MINERALS & MINING
- INSTITUTE OF IMAGINATION
- THE INSTITUTION OF STRUCTURAL ENGINEERS
- New Model Institute for Technology and Engineering
- INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE
- THE INSTITUTION OF MECHANICAL ENGINEERS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE INSTITUTE OF QUARRYING | £1.4m | — | — | unclear | — | no doubt |
| THE INSTITUTE OF MATERIALS, MINERALS & MINING | £5.2m | — | — | above | — | no doubt |
| INSTITUTE OF IMAGINATION | £512k | £80,001 - £90,000 | 0 | below | — | no doubt |
| THE INSTITUTION OF STRUCTURAL ENGINEERS | £9.3m | — | — | unclear | — | no doubt |
| New Model Institute for Technology and Engineering | £5.6m | — | — | below | — | no doubt |
| INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE | £1.8m | £100,001 - £110,000 | — | unclear | — | no doubt |