ICAEW FOUNDATION

Registered charity 313983 · accounts filings on the Charity Commission register · also known as THE CHARTERED ACCOUNTANTS' GENERAL CHARITABLE TRUST FUND

The Foundation and linked charities(except CACIP which acts as the charities' investment vehicle)provide donations for public benefit in areas of particular interest to the ICAEW,i.e.the advancement of education particularly in accounting and related subjects, provision of a library and information service, funds prizes awarded through ICAEW's exams and funds academic research projects and events.

Objects

FOUNDING, SUPPORTING OR MAINTAINING ANY ONE OR MORE OBJECTS WHICH MAY FROM TIME TO TIME BE SELECTED BY THE INSTITUTE OF CHARTERED ACCOUNTANTS.

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: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £349,000, which is within the trustee's stated policy range of £183,000 to £366,000. The charity holds significant pooled investments valued at £20.8 million and reports a net current liability position, though the trustees and auditors confirm adequate resources to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

• Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

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.

• Bullying and harassment policy and procedures
• Complaints policy and procedures
• Conflicting interests
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures
• Volunteer management

Corporate structure

• Trading subsidiary: CHARTERED ACCOUNTANTS' LIBRARY LIMITED Companies House 02762862

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Reported reserves equal ~176.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (68% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 7.2% of total income — above the median for charities its size (5.2%) (benchmarks).

Register events

• Received assets from another charity (28/10/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Andrew Nicholas Ratcliffechair
• Andrew George Wauchope · trustee of 3 other charities
• CHARTERED ACCOUNTANTS' TRUSTEES LIMITED
• Dr Lore Lippmann
• Michael Edward Hicks
• Nideshnee Dookhee
• Stephen Malcolm Gee
• Talha Witten

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

Operates in: Cambodia · Cyprus · Ghana · Hong Kong · Malawi · Throughout England And Wales

Income and spending

Common questions