THE CHARTERED QUALITY INSTITUTE
The institute is a global professional body advancing the practice of quality management. We promote benefits of the quality management approach to industry. We maintain a competency framework for the profession. We share quality knowledge and resources. We provide training and certify learning providers.
Financial health, per its FY2024 accounts
The accounts state that the group generated a surplus of £639k in 2024, with total unrestricted reserves rising to £5.1m. The trustees confirm that free reserves of £1.6m are compliant with the stated policy of retaining three months of operating costs, and they are confident the Institute has adequate resources to continue its activities for the foreseeable future.
What the accounts disclose
“The CQI operates a reserves policy that requires a minimum of three months of budgeted annual operating costs to be retained as free reserves.” — page 31
“One of the Institute’s trustees is the Head of Business Process and Quality at BAM Nuttall Ltd. As a CQI corporate partner, BAM Nuttall Ltd were invoiced and paid a membership fee of £5,500 in 2024 (2023: £5,250).” — page 65
“A member of the Institute’s Senior Management Team is on the Board of the European Organisation for Quality (EOQ). As a corporate member of the EOQ, CQI paid €18,500 (£16,287) (2023: €17903 (£16,181) in membership fees in 2024.” — page 65
“One of the Institute’s trustees is the Head of Business Process and Quality at BAM Nuttall Ltd. As a CQI corporate partner, BAM Nuttall Ltd were invoiced and paid a membership fee of £5,500 in 2024 (2023: £5,250).” — page 65
“A member of the Institute’s Senior Management Team is on the Board of the European Organisation for Quality (EOQ). As a corporate member of the EOQ, CQI paid €18,500 (£16,287) (2023: €17903 (£16,181) in membership fees in 2024.” — page 65
“One of the Institute’s trustees is the Head of Business Process and Quality at BAM Nuttall Ltd. As a CQI corporate partner, BAM Nuttall Ltd were invoiced and paid a membership fee of £5,500 in 2024 (2023: £5,250).” — page 65
“A member of the Institute’s Senior Management Team is on the Board of the European Organisation for Quality (EOQ). As a corporate member of the EOQ, CQI paid €18,500 (£16,287) (2023: €17903 (£16,181) in membership fees in 2024.” — page 65
In the news
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alan Paul Robinson
- Asimakis Foros
- Christopher Chinapoo
- David Anderson
- Dr Evdoxia Viza
- Dr Karmela Palma
- Howard Cooper
- Michael Edward Bostock
- Rashad Issa
- Victoria Burgess
- Victoria Yates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £7.3m | £6.6m |
| 31/12/2023 | £6.3m | £6.1m |
| 31/12/2022 | £5.4m | £4.9m |
| 31/12/2021 | £5.0m | £4.7m |
| 31/12/2020 | £4.5m | £4.5m |
Common questions
Is THE CHARTERED QUALITY INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that the group generated a surplus of £639k in 2024, with total unrestricted reserves rising to £5.1m. The trustees confirm that free reserves of £1.6m are compliant with the stated policy of retaining three months of operating costs, and they are confident the Institute has adequate resources to continue its activities for the foreseeable future. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION | 1 | £522k |
| THE FEDERATION OF GROUNDWORK TRUSTS | 1 | £66k |
| The Seafarers' Charity (King George's Fund for Sailors) | 1 | £60k |
| THE CARPENTERS COMPANY CHARITABLE TRUST | 1 | £40k |
| THE SHROPSHIRE HORTICULTURAL SOCIETY | 1 | £39k |
| THE DE LASZLO FOUNDATION | 1 | £35k |
| THE VANDERVELL FOUNDATION | 1 | £28k |
| SALTERS' CHARITABLE FOUNDATION | 1 | £11k |
Charities like this
- CHARTERED MANAGEMENT INSTITUTE
- THE CHARTERED INSTITUTE OF HOUSING
- THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY
- THE CHARTERED INSTITUTE OF ARBITRATORS
- THE INSTITUTE OF LEADERSHIP
- THE CHARTERED INSTITUTE OF HORTICULTURE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARTERED QUALITY INSTITUTE | £7.3m | — | — | above | — | no doubt |
| CHARTERED MANAGEMENT INSTITUTE | £32.3m | — | — | above | — | no doubt |
| THE CHARTERED INSTITUTE OF HOUSING | £10.0m | — | — | unclear | — | no doubt |
| THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY | £42.0m | — | — | unclear | — | no doubt |
| THE CHARTERED INSTITUTE OF ARBITRATORS | £9.7m | — | — | above | — | no doubt |
| THE INSTITUTE OF LEADERSHIP | £4.7m | — | — | unclear | — | no doubt |