THE INSTITUTE OF AUTOMOTIVE ENGINEER ASSESSORS

Registered charity 273452 · accounts filings on the Charity Commission register · also known as IAEA

To promote and develop for the public benefit the science of the design, manufacture and related technology of motor vehicles and the science of their repair; and to further public education therein.

Objects

(A) TO PROMOTE AND DEVELOP FOR THE PUBLIC BENEFIT THE SCIENCE OF THE DESIGN, MANUFACTURE AND RELATED TECHNOLOGY OF MOTOR VEHICLES AND THE SCIENCE OF THE REPAIR OF THE RISKS ARISING FROM THE USE OF ROAD VEHICLES AND TO FURTHER PUBLIC EDUCATION THEREIN. (B) TO ADVANCE THE STUDY OF THE SAID SCIENCES, TO PROMOTE RESEARCH WORK THEREIN AND IN RELATED SUBJECTS AND TO PUBLISH THE RESULTS OF SUCH RESEARCH.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income
£313k
Latest spending
£182k
Registered
1977
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £130,943 for the year ended 31 December 2024, reversing a previous deficit. Free reserves stood at £702,018, which is above the trustees' target range of £475,000 to £525,000, providing a buffer against membership decline. The trustees confirmed that the going concern basis is appropriate due to these reserve balances and anticipated revenue streams.

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

What the accounts disclose

Payments to trustees: Mr M Taylor received £888 and Mr G Hunt received £1,636 for professional services.
“During the year the following trustees received payment in respect of professional services provided to the charity for vehicle benchmarking and related travel expenses: Mr M Taylor £888 Mr G Hunt £1,636” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment for professional services
“During the year the following trustees received payment in respect of professional services provided to the charity for vehicle benchmarking and related travel expenses: Mr M Taylor £888 Mr G Hunt £1,636” — page 20
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Ireland · Northern Ireland · Scotland · Singapore · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£313k£182k
31/12/2023£204k£258k
31/12/2022£196k£220k
31/12/2021£196k£191k
31/12/2020£206k£223k

Common questions

Is THE INSTITUTE OF AUTOMOTIVE ENGINEER ASSESSORS financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £130,943 for the year ended 31 December 2024, reversing a previous deficit. Free reserves stood at £702,018, which is above the trustees' target range of £475,000 to £525,000, providing a buffer against membership decline. The trustees confirmed that the going concern basis is appropriate due to these reserve balances and anticipated revenue streams. Its FY2024 accounts were independently examined.