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THE CHARTERED INSTITUTE OF BUILDING

Registered charity 280795 · accounts filings on the Charity Commission register · also known as C I O B · also registered in Scotland as SC041725 (OSCR)

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Latest income
£15.4m
Latest spending
£15.2m
Registered
1980
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net income of £673k for the year, a significant improvement from the previous year's deficit. The trustees confirm that free reserves of £11,471k exceed the stated policy target range of £7m-£8m, indicating strong financial stability. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: £7m - £8m (held: £11.5m)
“The Trustees have concluded that an appropriate level of reserves to deal with these scenarios is in the range of £7m -£8m.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr Stephen Nitman, Chair of Board of Trustees, received £546k for Professional Review Assessments.
“There were related party transactions to the value of £546 to disclose in 2024 (2023: £312). Mr Stephen Nitman £546 Professional Review Assesments” — page 31
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Haysmacintyre LLP. Discloses 4 of 6 completeness components.

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

Total income
£15.4m
Total spending
£15.2m
Reserves (reported)
£13.5m
Employees
181

Reported reserves equal ~10.7 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Australia · Canada · China · Hong Kong · Ireland · Malaysia · Scotland · Singapore · South Africa · Throughout England And Wales · United Arab Emirates

Income and spending

Financial year endIncomeSpending
31/12/2024£15.4m£15.2m
31/12/2023£13.9m£14.6m
31/12/2022£12.1m£14.0m
31/12/2021£11.8m£12.0m
31/12/2020£11.3m£10.7m

Common questions

Is THE CHARTERED INSTITUTE OF BUILDING financially healthy?

The accounts state that the charity achieved a net income of £673k for the year, a significant improvement from the previous year's deficit. The trustees confirm that free reserves of £11,471k exceed the stated policy target range of £7m-£8m, indicating strong financial stability. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Haysmacintyre LLP.