THE INNS OF COURT AND THE BAR EDUCATIONAL TRUST

Registered charity 313524 · accounts filings on the Charity Commission register · also known as COUNCIL OF LEGAL EDUCATION, ICBET

ICBET's objectives are achieved through the award of grants and the Trust holds funds to be applied in the support of education and training for the Bar. In particular, its funds are designed to support the activities of organisations engaged in the further education of pupils and young and recently qualified barristers.

Objects

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC TO FURTHER THE DUE ADMINISTRATION OF JUSTICE AND TO ADVANCE LEGAL EDUCATION IN EACH CASE BY THE PROVISION OF EDUCATION AND TRAINING TO STUDENTS ASPIRING TO BE CALLED TO THE BAR OF ENGLAND AND WALES OR PERSONS WHO HAVING BEEN SO CALLED ARE IN PUPILLAGE OR WHO HAVE HELD A PRACTISING CERTIFICATE FOR THREE YEARS OR LESS AND ACCORDINGLY ARE IN NEED OF FURTHER EDUCATION.

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 · Get email alerts

Latest income
£63k
Latest spending
£147k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds total unrestricted reserves of £189,675, which the Trustees consider sufficient to cover annual running costs of approximately £100,000. The charity relies on investment income, which generated £62,578 in the year, to fund charitable grants totaling £119,670. The Trustees note that sustaining current grant levels may eventually require dipping into unrestricted accumulated capital funds.

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

What the accounts disclose

Reserves policy: sufficient reserves to cover the annual costs of running the Charity which are approximately £100,000 (held: £190k)
“The Trustees consider it prudent to retain sufficient reserves to cover the annual costs of running the Charity which are approximately £100,000.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Lubbock Fine LLP. 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: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£63k£147k
31/12/2023£53k£118k
31/12/2022£55k£99k
31/12/2021£59k£113k
31/12/2020£54k£97k

Common questions

Is THE INNS OF COURT AND THE BAR EDUCATIONAL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds total unrestricted reserves of £189,675, which the Trustees consider sufficient to cover annual running costs of approximately £100,000. The charity relies on investment income, which generated £62,578 in the year, to fund charitable grants totaling £119,670. The Trustees note that sustaining current grant levels may eventually require dipping into unrestricted accumulated capital funds. Its FY2024 accounts were audited by Lubbock Fine LLP.