THE BRITISH INSTITUTE OF NON-DESTRUCTIVE TESTING
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £239,852 for the year ended 31 December 2024, resulting in total funds carried forward of £4,297,821. The trustees confirm that the charity is a going concern with adequate resources to continue in operational existence, noting that the long-term financial and strategic health is very good. Reserves are managed through specific trigger levels, with unrestricted funds held at £4,033 and restricted funds at £4,293,788.
What the accounts disclose
“Eight trustees (2023: five) received expenses to the value of £24,988 (2023: £19,884). Three trustees (2023: one) received consultancy income of £9,781 (2023: £3,827) in respect of the Certification department operations review. In addition, one trustee received end point assessment income of £3,512, one trustee received an award of £1,000 and two trustees received royalties of £439.” — page 46
“Eight trustees (2023: five) received expenses to the value of £24,988 (2023: £19,884). Three trustees (2023: one) received consultancy income of £9,781 (2023: £3,827) in respect of the Certification department operations review. In addition, one trustee received end point assessment income of £3,512, one trustee received an award of £1,000 and two trustees received royalties of £439.” — page 46
“The Institute is the beneficial owner of all the issued share capital of Personnel Certification in Non-Destructive Testing Limited (PCN Limited) a company registered in England and Wales. The company did not trade during the year and has no assets or liabilities.” — page 50
“Eight trustees (2023: five) received expenses to the value of £24,988 (2023: £19,884). Three trustees (2023: one) received consultancy income of £9,781 (2023: £3,827) in respect of the Certification department operations review. In addition, one trustee received end point assessment income of £3,512, one trustee received an award of £1,000 and two trustees received royalties of £439.” — page 46
“The Institute is the beneficial owner of all the issued share capital of Personnel Certification in Non-Destructive Testing Limited (PCN Limited) a company registered in England and Wales. The company did not trade during the year and has no assets or liabilities.” — page 50
“The Institute is the beneficial owner of all the issued share capital of Personnel Certification in Non-Destructive Testing Limited (PCN Limited) a company registered in England and Wales.” — page 50
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Andrew Mark Dowell
- Ben Lumley
- CAROLINE BULL
- COLIN FORRESTER
- Denize Ivy Pilarta
- Dr IAIN BAILLIE
- Dr JOHN MICHAEL FARLEY
- Dr James Martin Watson
- Dr Martin Christopher Lugg
- Dr Michael Charles Smith
- GARY ELLIOTT
- Graeme Falconer
- Ian Cooper
- JOHN PETER HANSEN
- Jason Neill Taylor
- Matthew Beecroft
- Michelle Clapham
- Professor Katherine Joanne Kirk
- RICHARD LESLIE WATSON
- Richard John Day
- Sam Cunningham
- Simon Robert Watson Mills
- Steven Mark Baldwin
- Thomas Anthony Bertenshaw
- Thomas Eoin O'Hare
- Thomas Fletcher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.1m | £3.9m |
| 31/12/2023 | £3.6m | £3.2m |
| 31/12/2022 | £3.5m | £3.0m |
| 31/12/2021 | £2.6m | £2.6m |
| 31/12/2020 | £2.2m | £2.3m |
Common questions
Is THE BRITISH INSTITUTE OF NON-DESTRUCTIVE TESTING financially healthy?
The accounts state that the charity generated a net income of £239,852 for the year ended 31 December 2024, resulting in total funds carried forward of £4,297,821. The trustees confirm that the charity is a going concern with adequate resources to continue in operational existence, noting that the long-term financial and strategic health is very good. Reserves are managed through specific trigger levels, with unrestricted funds held at £4,033 and restricted funds at £4,293,788. Its FY2024 accounts were audited by Shaw Gibbs (Audit) Limited.