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THE INSTITUTE OF ACOUSTICS LIMITED

Registered charity 267026 · accounts filings on the Charity Commission register · also known as IOA

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Latest income
£1.3m
Latest spending
£1.5m
Registered
1974
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds were £1,356,530, with unrestricted reserves of £1,106,336 significantly exceeding the stated target of approximately £650,000. Although resources expended exceeded incoming resources by £146,217 due to strategic investments, the charity maintains strong liquidity and adequate reserves to meet its objectives.

What the accounts disclose

Reserves policy: approximately £650,000 (held: £1.1m)
“The target reserves are based on continuing operations for one year having had a 25% reduction in membership and having sufficient funds to ensure Diploma students' courses are maintained for two years. At 31 December 2024 the target was approximately £650,000, with a minimum reserve of £400,000” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Rayner Essex LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.3m
Total spending
£1.5m
Cost of raising funds
£353k
Reserves (reported)
£1.4m
Employees
7

Reported reserves equal ~11.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Belgium · Denmark · Dubai · France · Germany · Ireland · Italy · Netherlands · Northern Ireland · Scotland · Spain · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.5m
31/12/2023£1.3m£1.3m
31/12/2022£1.1m£1.2m
31/12/2021£994k£963k
31/12/2020£1.6m£901k

Common questions

Is THE INSTITUTE OF ACOUSTICS LIMITED financially healthy?

The accounts state that total funds were £1,356,530, with unrestricted reserves of £1,106,336 significantly exceeding the stated target of approximately £650,000. Although resources expended exceeded incoming resources by £146,217 due to strategic investments, the charity maintains strong liquidity and adequate reserves to meet its objectives. Its FY2024 accounts were audited by Rayner Essex LLP.