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CHARTERED INSTITUTE OF LIBRARY AND INFORMATION PROFESSIONALS

Registered charity 313014 · accounts filings on the Charity Commission register · also known as THE LIBRARY ASSOCIATION · also registered in Scotland as SC049474 (OSCR)

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Latest income
£3.3m
Latest spending
£4.1m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total group reserves stood at £11,068,858, with free reserves of £9,291,351. The charity reported a net expenditure of £629,576 for the year, primarily driven by a central operations deficit of £158,797, though this was offset by investment gains. The trustees note that the central operations fund balance is negative £833,704 when excluding pension escrow and fixed asset investments, but the overall balance sheet remains strong with significant investment assets.

What the accounts disclose

Reserves policy: three months' operating costs (held: £9.3m)
“Under the policy in place in 2024, the reserves required to fund central operations are a minimum of three months’ operating costs £1,025,177 (2023: £1,036,594), and a maximum of six months’ operating costs £2,050,354 (2023: £2,073,188).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations paid to CILIP Benevolent Fund on behalf of CILIP members
“£1,771 was received and paid over during the year to December 2024 (2023: £8,139) of which £Nil (2023: £305) was outstanding.”
“During the year, a gift aid donation of £75,229 was received by CILIP from CILIP Pathways (2023: £102,827).”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Gift aid donation from subsidiary CILIP Pathways Ltd
“£1,771 was received and paid over during the year to December 2024 (2023: £8,139) of which £Nil (2023: £305) was outstanding.”
“During the year, a gift aid donation of £75,229 was received by CILIP from CILIP Pathways (2023: £102,827).”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Sponsorship from CB Resourcing, a company where Trustee Simon Burton is a director
“£1,771 was received and paid over during the year to December 2024 (2023: £8,139) of which £Nil (2023: £305) was outstanding.”
“During the year, a gift aid donation of £75,229 was received by CILIP from CILIP Pathways (2023: £102,827).”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PEM Audit Limited. Discloses 4 of 6 completeness components.

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

Total income
£3.3m
Total spending
£4.1m
Cost of raising funds
£28k
Reserves (reported)
£11.1m
Employees
47

Reported reserves equal ~32.2 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: Isle Of Man · Jersey · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£3.3m£4.1m
31/12/2023£3.7m£6.5m
31/12/2022£3.8m£4.3m
31/12/2021£4.0m£3.9m
31/12/2020£3.9m£3.9m

Common questions

Is CHARTERED INSTITUTE OF LIBRARY AND INFORMATION PROFESSIONALS financially healthy?

The accounts state that total group reserves stood at £11,068,858, with free reserves of £9,291,351. The charity reported a net expenditure of £629,576 for the year, primarily driven by a central operations deficit of £158,797, though this was offset by investment gains. The trustees note that the central operations fund balance is negative £833,704 when excluding pension escrow and fixed asset investments, but the overall balance sheet remains strong with significant investment assets. Its FY2024 accounts were audited by PEM Audit Limited.