THE CHARTERED QUALITY INSTITUTE

Registered charity 259678 · accounts filings on the Charity Commission register · also known as THE INSTITUTE OF QUALITY ASSURANCE

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.

Causes: Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£7.3m
Latest spending
£6.6m
Registered
1969
Accounts read
FY2024

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.

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

What the accounts disclose

Reserves policy: three months of budgeted annual operating costs (held: £1.6m)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: BAM Nuttall Ltd, a corporate partner, paid a membership fee of £5,500. One trustee is Head of Business Process and Quality at BAM Nuttall Ltd.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CQI paid €18,500 (£16,287) in membership fees to EOQ. One SMT member is on the Board of EOQ.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: CQI Services Ltd was charged a management fee of £18,181. Two SMT members are directors of CQI Services.
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). 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
£7.3m
Total spending
£6.6m
Reserves (reported)
£5.2m
Employees
57

Reported reserves equal ~9.3 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% 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 (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Japan · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

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

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CHARTERED MANAGEMENT INSTITUTE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CHARTERED QUALITY INSTITUTE£7.3m——above—no doubt
CHARTERED MANAGEMENT INSTITUTE FY2025£32.3m——above—no doubt
THE CHARTERED INSTITUTE OF HOUSING FY2025£10.0m——unclear—no doubt
THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY FY2024£42.0m——unclear—no doubt
THE CHARTERED INSTITUTE OF ARBITRATORS FY2024£9.7m——above—no doubt
THE INSTITUTE OF LEADERSHIP FY2025£4.7m——unclear—no doubt

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