Finance Score: 2

Governance Score: 5

Support Score: 1

Poor Liquidity: -1
Good Reserves: +1Pension deficit: -1
Fundraising costs low: +3

12+ Trustees: -1
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +1

Overall GiG Score: 8

THE ASSOCIATION OF ACCOUNTING TECHNICIANS

To advance public education and promote the study of the practice, theory and techniques of accountancy and to prevent crime and promote the sound administration of the law for the public benefit by promoting and enforcing standards of professional conduct and monitoring and supervising their compliance with money laundering legislation.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

There are 19 trustees whereas the Charities Commission recommends a maximum of 12
Over half the Board have joined recently

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
There is a pension deficit of £878,000

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
31/03/23	£32,549	£29,716	£2,833	£0	£34,369	£34,369	13.9	240
31/03/22	£32,277	£25,352	£6,925	£0	£33,067	£33,067	15.7	217
31/03/21	£29,366	£25,841	£3,525	£0	£24,702	£24,702	11.5	247
31/03/20	£31,631	£30,608	£1,023	£0	£16,683	£16,683	6.5	264
31/03/19	£30,538	£29,775	£763	£0	£13,992	£13,992	5.6	261
31/03/18?	£37,199	£37,010	£189	£0	£12,606	£12,606	4.1	256
31/12/16	£28,975	£28,520	£454	£0	£12,646	£12,646	5.3	249
31/12/15	£27,110	£26,643	£466	£524	£12,433	£12,433	5.6	235
31/12/14	£25,702	£25,187	£515	£603	£10,330	£10,330	4.9	218
31/12/13	£25,391	£24,158	£1,233	£626	£11,498	£11,498	5.7	213
31/12/12	£23,658	£22,075	£1,583	£614	£9,479	£9,479	5.2	205
31/12/11	£21,922	£19,505	£2,417	£587	£8,665	£8,665	5.3	182
31/12/10	£17,801	£18,758	£-957	£559	£7,393	£7,393	4.7	164
31/12/09	£18,861	£18,389	£472	£629	£6,654	£6,654	4.3	160
31/12/08	£17,645	£17,786	£-141	£657	£7,345	£7,345	5	152
31/12/07	£18,428	£16,280	£2,149	£609	£6,695	£6,695	4.9	143
31/12/06	£14,297	£13,627	£671	£0	£0	£0	n/a	0
31/12/05	£12,834	£11,965	£869	£0	£0	£0	n/a	0
31/12/04	£11,673	£10,894	£779	£0	£0	£0	n/a	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0.8%
Fundraising Costs/Total Spending: 0.8%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 31%
Liabilities/Income: 49%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 13.9 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.3

Asset Split ?

Established: 29 years
(43 years as a company)

aat.org.uk

aat@aat.org.uk

02073973052

Charity Commission for England and Wales

Listed activities

Education/Training

GiG Classification

Professional associations

How it operates

Other charitable activities

Where it operates

Bahrain, Botswana, Bulgaria, Burma, Cayman Islands, Cyprus, Eswatini, Gibraltar, India, Ireland, Malaysia, Maldives, Malta, Mauritius, New Zealand, Oman, Pakistan, Philippines, Seychelles, Singapore, South Africa, The Gambia, Throughout England And Wales, United Arab Emirates,

Who it helps

The General Public/Mankind

Who works here?

240 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Department for Education - Apprenticeships Participation 16 - 18
£22,254	01/04/2019	To fund the provision of apprenticeship training

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)

Current Trustees appointed

Gender Split

Age Range of Trustees:

AMANDA SUSAN BOUSTRED FCMI FIOD Appointed: 2023

ANNE MARIE MOORE ACMA Appointed: 2020

BEVERLEY FLANAGAN MAAT Appointed: 2023

CHRISTOPHER ARGENT Appointed: 2022, Occupation: Director

DAVID JOHN QUIGG BA CA MAAT Appointed: 2015

ELIZABETH WALKLETT FMAAT Appointed: 2022

FRANCESCA NATALIA TRICARICO MAAT Appointed: 2022

HEATHER ALICE HILL FMAAT Appointed: 2016

KAY DANIELS FMAAT Appointed: 2023

LUCY COHEN FMAAT Appointed: 2022

RACHEL HARRIS MBA MAAT Appointed: 2022

REBEKAH GLOVER FCCA FMAAT Appointed: 2022

RITA PATEL FMAAT Appointed: 2020

SHARON BURROWS FMAAT Appointed: 2023

WAYNE JOHN COOK FMAAT Appointed: 2023

MICHAEL DAVID STEED Appointed: 2021, Occupation: Chartered Accountant, Head Of Tax, Other trusteeships: TENTERDEN SINGERS, THE CANTORIS CHARITABLE TRUST,

PAUL LEONARD DONNO Appointed: 2019, Occupation: Accountant

KEVIN BRAGG (Chair) Appointed: 2015, Occupation: Company Director

HEATHER DURRELL MAAT Appointed: 2021, Occupation: Finance Director, Other trusteeship: DALGARNO TRUST,

Legal constitution

Charitable company registered in England & Wales on 15/11/1995, number: 1050724
Registered at Companies House on 26/09/1980, number: 01518983

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events 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

Filing Record

19 returns made; all on time

Main office

30 Churchill Place
London
E14 5RE

Objectives

(1) TO ADVANCE PUBLIC EDUCATION AND TO PROMOTE THE STUDY OF THE PRACTICE THEORY AND TECHNIQUES OF ACCOUNTANCY; AND(2)(A) TO PREVENT CRIME; AND(B) TO PROMOTE THE SOUND ADMINISTRATION OF THE LAW FOR THE PUBLIC BENEFITBY PROMOTING AND ENFORCING STANDARDS OF PROFESSIONAL CONDUCT AMONGST THOSE ENGAGED IN ACCOUNTANCY AND MONITORING AND SUPERVISING THEIR COMPLIANCE WITH MONEY LAUNDERING LEGISLATION.

Defined Area of Benefit:

NOT DEFINED - IN PRACTICE IN UNITED KINGDOM REPUBLIC OF IRELAND AND OTHER ENGLISH SPEAKING COUNTRIES

Data Sources