Finance Score: -1

Governance Score: 1

Support Score: 0

Excess reserves: -2
Multiple Deficits: -2
Fundraising costs low: +3

12+ Trustees: -1
Dynamic board: +3
Mainly male board: -1

No supporters identified

Overall GiG Score: 0

THE SOCIETY OF OPERATIONS ENGINEERS

SOE is a membership organisation with individual members,company and academic members. It offers a wide range of technical information, advice and feedback via its website, journals and technical events. It encourages suitably qualified members to register with Engineering Council and operates a licensing scheme - irtec - for vehicle mechanics and technicians.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity
There are 15 trustees whereas the Charities Commission recommends a maximum of 12
The Board is predominantly male

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £5,334,972 available, equivalent to 26 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

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	£2,623	£2,485	£138	£0	£5,335	£5,335	25.8	23	200
31/12/21	£2,261	£2,558	£-297	£0	£5,423	£5,423	25.4	24	200
31/12/20	£2,521	£2,505	£16	£0	£5,364	£5,364	25.7	25	200
31/12/19	£3,105	£2,987	£118	£308	£5,304	£5,304	21.3	26	200
31/12/18	£2,797	£2,977	£-181	£400	£5,186	£5,186	20.9	26	200
31/12/17	£2,860	£2,698	£162	£343	£5,612	£5,612	25	25	0
31/12/16	£2,687	£2,515	£172	£334	£5,225	£5,225	24.9	24	0
31/12/15	£2,544	£2,392	£153	£464	£4,807	£4,807	24.1	21	0
31/12/14	£2,310	£2,282	£28	£329	£4,641	£4,641	24.4	21	0
31/12/13	£2,102	£2,205	£-104	£232	£4,557	£4,557	24.8	21	0
31/12/12	£2,087	£2,125	£-38	£186	£4,355	£4,355	24.6	20	0
31/12/11	£1,975	£1,958	£17	£173	£4,189	£4,189	25.7	19	0
31/12/10	£1,745	£2,139	£-395	£203	£4,347	£4,347	24.4	22	0
31/12/09	£1,563	£1,973	£-409	£171	£4,519	£4,519	27.5	22	0
31/12/08	£2,662	£2,454	£208	£278	£4,623	£4,623	22.6	25	0
31/12/07	£2,474	£2,133	£341	£296	£5,023	£5,023	28.3	23	0
31/12/06	£1,662	£1,912	£-250	£0	£0	£0	n/a	0	0
31/12/05	£1,553	£1,712	£-159	£0	£0	£0	n/a	0	0
31/12/04	£1,460	£1,790	£-330	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1%
Fundraising Costs/Total Spending: 0.7%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 12%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 25.8 months
Net Current Assets/Spending: 3 months
Quick Ratio: 1.5

Asset Split ?

Established: 24 years

www.soe.org.uk

soe@soe.org.uk

02076301111

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Professional associations

How it operates

Provides advocacy/advice/information
Provides services

Where it operates

Hong Kong, Ireland, Northern Ireland, Scotland, Throughout England,

Who it helps

The General Public/Mankind

Who works here?

23 employees
200 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (15)

Current Trustees appointed

Gender Split

Age Range of Trustees:

ANTHONY COCKCROFT Appointed: 2021

CAROLINE HARRIES MRS Appointed: 2021

DANIELA RATHKE Appointed: 2021

SHAUN MICHAEL STEPHENSON Appointed: 2011

SATNAM CHEEMA MR Appointed: 2021

ALEXANDER IAN JACKSON Appointed: 2021, Other trusteeships: LAPWORTH OLD SCHOOL TRUST, THE WILLSON MEMORIAL TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LAPWORTH,

ADAM FRASER-HITCHEN Appointed: 2016, Occupation: Defence Consultant

ANTHONY DONALD JOLLIFFE Appointed: 2019, Occupation: Retired

CHRISTOPHER GRIME, Occupation: Fleet Engineer

DAVID YOUNG Appointed: 2019, Occupation: Engineer

GARRY MARTIN GILBY Appointed: 2008, Occupation: Compliance Eng

HOWARD SEYMOUR Appointed: 2013, Occupation: Programme Manager- Senior Executive

JOHN EDWARD EASTMAN Appointed: 2015, Occupation: Consultant Engineer

MICHAEL PAUL SWEETMORE (Chair) Appointed: 2013, Occupation: Head Of Fleet Engineering Services-Nhs Trust Nw

ALISTAIR ROBERT REID Appointed: 2016, Occupation: Engineer, Other trusteeship: THE INSTITUTION OF PLANT ENGINEERS BENEVOLENT FUND,

Legal constitution

Charitable company registered in England & Wales on 27/07/2000, number: 1081753
Registered at Companies House on 12/11/1998, number: 03667147

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Volunteer management

Filing Record

19 returns made; all on time

Main office

SOCIETY OF OPERATIONS ENGINEERS
22 GREENCOAT PLACE
LONDON
SW1P 1PR

Objectives

(A) TO IMPROVE AND ELEVATE THE TECHNICAL AND GENERAL UNDERSTANDING, KNOWLEDGE, SKILL AND COMPETENCE OF PERSONS ENGAGED OR DESIRING TO BE ENGAGED IN OPERATIONS ENGINEERING OR IN ANY RELATED EMPLOYMENT, AND THE INTEGRITY AND REPUTE OF THE PROFESSION THEREOF;(B) TO PROMOTE AND ENCOURAGE THE ADVANCEMENT OF SCIENCE, TECHNOLOGY AND PRACTICE, AND INVENTIONS AND IMPROVEMENTS, IN THE FIELD OF OPERATIONS ENGINEERING AND ANY OTHER RELATED BRANCHES OF ENGINEERING, AND THE DISSEMINATION AND EXCHANGE OF IDEAS, INFORMATION AND KNOWLEDGE THEREOF;(C) BY MEANS OF (A) AND (B) ABOVE, BUT WITHOUT PREJUDICE TO THE GENERALITY THEREOF, TO PROMOTE THE SAFETY, EFFICIENCY AND ENVIRONMENTAL SUSTAINABILITY OF OPERATIONS ENGINEERING TO THE BENEFIT OF THE COMMUNITY AT LARGE.

Defined Area of Benefit:

NOT DEFINED

Data Sources