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home >> charity search >> the institute of mathematics and its applications
Finance Score: 0
Governance Score: 3
Support Score: 0
    • No volunteer policy: -2
    • 12+ Trustees: -1
    • Dynamic board: +3
    • Gender balanced board: +3
    • No supporters identified
    Overall GiG Score: 3 ?

    THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS 

    The Institute promotes and supports understanding, teaching, research and applications of mathematics.
    Analysis by Giving is Great

    Positives:

    • There have been no material income shortfalls in recent years
    • A significant proportion of recent income was derived from major grant makers including the Government
    • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

    Regulatory & Governance issues to consider:

    • Although this charity works with volunteers it does not have a Volunteer Management policy
    • One or more trustees receive payments or benefits from the charity for providing services to the charity
    • There are 27 trustees whereas the Charities Commission recommends a maximum of 12
    • Over half the Board have joined recently
    miles

    Financial Data ?

    Income & Spending ?
    Sources of Income ?
    Y/E Income
    £k    		 Spending
    £k    		 Surplus/
    Deficit    		 Fundraising
    Cost £k    		 Total
    Funds £k    		 Unrestricted
    Funds £k    		 Mths
    Rsrvs    		 Staff Volun-
    teers
    31/12/22£1,099£1,123£-24£0£1,455£1,38114.818200
    31/12/21£1,065£999£66£0£1,478£1,34516.219200
    31/12/20£1,167£935£231£0£1,412£1,26116.218205
    31/12/19£1,293£1,198£96£0£1,181£1,10411.119142
    31/12/18£1,273£1,217£56£0£1,085£1,05010.421140
    31/12/17£1,195£1,172£24£0£1,029£1,02410.5150
    31/12/16£1,119£1,132£-13£0£1,006£99910.6160
    31/12/15£1,194£1,067£127£105£1,018£1,01111.4160
    31/12/14£1,226£1,142£84£110£891£8829.3160
    31/12/13£1,136£1,032£104£101£807£7989.3160
    31/12/12£1,400£1,505£-105£81£703£6925.5160
    31/12/11£1,438£1,462£-24£82£808£6465.3170
    31/12/10£1,428£1,402£26£71£831£7246.2190
    31/12/09£897£923£-27£71£806£7449.7150
    31/12/08£856£822£34£105£832£82412130
    31/12/07£844£741£104£86£798£79012.8120
    31/12/06£644£656£-12£0£0£0n/a00
    31/12/05£660£656£4£0£0£0n/a00
    31/12/04£644£662£-18£0£0£0n/a00
    Show more rows -->

    Download accounts
    Financial Ratios
    Fundraising Costs/Relevant Income: 0%
    Fundraising Costs/Total Spending: 0%
    Senior Staff Costs/Total Spending: 8%
    Highest pay band: £70,000-£80,000
    Liabilities/Assets: 22%
    Liabilities/Income: 38%
    Unrestricted Funds/Total Funds: 95%
    Reserves/Spending: 14.8 months
    Net Current Assets/Spending: 15 months
    Quick Ratio: 4.2
    Asset Split ?
    Established: 31 years

    www.ima.org.uk

    post@ima.org.uk

    01702354020

    Charity Commission for England and WalesFacebookX
    UN SDGs
    ?
    Listed activities
    • Education/Training
    GiG Classification
    • Scientific research and testing services
    How it operates
    • Makes Grants to Individuals
    • Makes Grants to Organisations
    • Provides advocacy/advice/information
    • Provides human resources
    • Provides services
    • Sponsors or undertakes research
    Where it operates
    • Throughout England And Wales,
    Who it helps
    • Children/Young People
    • Other Charities Or Voluntary Bodies
    • Other Defined Groups
    • The General Public/Mankind
    Who works here?
    • 18 employees
    • 200 volunteers

    Who's supporting them? ?

    We have no records of donations from grant makers.

    How is it governed?

    Trustees (27)
    Current Trustees appointed
    Gender Split
    Based on 25/27 persons

    Legal constitution
    • Charity registered in England & Wales on 01/03/1993, number: 1017777
    Gift Aid
    • Registered with HMRC for Gift Aid
    Policies in force
    • Complaints handling
    • Conflicting interests
    • Investment
    • Risk management
    Filing Record
    19 returns made; all on time
    Main office

    THE INSTITUTE OF MATHEMATICS & ITS
    CATHERINE RICHARDS HOUSE
    16 NELSON STREET
    SOUTHEND-ON-SEA
    SS1 1EF

    Objectives

    THE OBJECTS OF THE INSTITUTE SHALL BE:-(I) TO ADVANCE MATHEMATICS AND ITS APPLICATIONS IN ALL AREAS INCLUDING COMMERCE,ENGINEERING, FINANCE, HEALTH, INDUSTRY, SCIENTIFIC AND OTHER ACADEMIC DISCIPLINES AND THE PUBLIC SECTOR AND TO PROMOTE AND FOSTER RESEARCH AND OTHER ENQUIRIES DIRECTED TO THE ADVANCEMENT, TEACHING AND APPLICATION OF MATHEMATICS FOR THE PUBLIC BENEFIT;(II) TO SEEK TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF PROFESSIONAL CONDUCT FOR CORPORATE MEMBERS;(III) TO SEEK TO PROMOTE, ENCOURAGE AND GUIDE IN THE DEVELOPMENT OF EDUCATION AND TRAINING IN ALL MATTERS RELEVANT TO THE ADVANCEMENT OF MATHEMATICS AND ITS APPLICATIONS FOR MEMBERS AND ALL OTHER PERSONS WHO ARE ENGAGED IN OR LIKELY TO BE ENGAGED IN MATHEMATICS OR ITS APPLICATIONS.

    Defined Area of Benefit:

    NOT DEFINED.

    Data Sources

    Charity Commission for England and Wales
    CharityBase
    Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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