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The Royal Belfast Academical Institution

Northern Ireland charity NIC108024 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£11.1m
Latest spending
—
Accounts read
FY2025

Website: www.rbai.org.uk/

Financial health, per FY2025 accounts

The accounts state that the charity holds total net assets of £43.3m, with £41.20m in unrestricted funds. The Governors have set a reserves policy target of £5.0m, representing six months' working capital outgoing resources. The charity reports a revenue deficit for the Main School due to insufficient Department of Education funding, which is managed through fundraising and investment income.

What the accounts disclose

Highest-paid employee band: £120,000 - £129,999
“£120,000 - £129,999 1” — page 37
Per FY2025 accounts as filed with CCNI.
Reserves policy: six months’ working capital outgoing resources which amounts to £5.0m (held: £41.2m)
“At 31 March 2025, the Governors have set a target level of general unrestricted fund reserves amounting to six months’ working capital outgoing resources which amounts to £5.0m.”
Per FY2025 accounts as filed with CCNI.
Largest income source: Education Authority Grants (64% of income)
“The grant funding from the Education Authority, at just over £7.1m, represents 64% of our total income of £11.2m.” — page 9
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: Inst Hockey Limited
“The School also holds a 50% shareholding valued at £1 in Inst Hockey Limited.” — page 40
Per FY2025 accounts as filed with CCNI.
Independent examiner: Baker Tilly Mooney Moore
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.