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home >> charity search >> the institute of marine engineering, science and technology
Finance Score: -5
Governance Score: 2
Support Score: 0
  • Liabilities <10%: +3
  • Poor Liquidity: -1
  • Good Reserves: +1Pension deficit: -5
  • Spending declining: -1
  • Multiple Deficits: -2
  • 12+ Trustees: -1
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: -3 ?

THE INSTITUTE OF MARINE ENGINEERING, SCIENCE AND TECHNOLOGY 

IMarEST is the leading professional membership body and learned society for all marine professionals, with over 20,000 members worldwide. The Institute has a strong international presence with an extensive network of around 50 international branches, offers peer-reviewed journals and an industry-focused magazine, produces conferences and events, and enjoys non-governmental status at IMO.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 16 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 £1,758,000
  • Spending is declining
  • 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
30/09/22£2,923£2,795£129£0£10,951£7,03730.220414
30/09/21£2,890£2,854£36£0£12,395£7,56031.823424
30/09/20£2,600£3,388£-788£0£10,296£5,27418.725727
30/09/19£3,196£3,335£-139£0£12,561£7,64627.528766
30/09/18£3,489£3,734£-246£0£12,325£7,62824.5320
30/09/17£2,824£3,812£-989£0£11,691£6,66621310
30/09/16£2,855£3,948£-1,093£0£10,324£5,61217.1350
30/09/15£2,700£3,942£-1,242£302£13,125£8,82926.9360
30/09/14£3,260£4,545£-1,285£297£14,541£10,12226.7410
30/09/13£3,366£4,822£-1,457£475£14,798£10,57726.3450
30/09/12£3,334£4,440£-1,106£480£14,568£10,66628.8470
30/09/11£3,950£4,537£-586£496£6,266£5,79915.3390
30/09/10£3,975£5,390£-1,414£644£7,605£7,11115.8380
30/09/09£4,323£4,773£-450£534£8,925£8,44721.2440
30/09/08£5,143£6,141£-998£960£10,562£10,08419.7470
30/09/07£4,797£5,157£-360£891£11,323£10,78325.1580
30/09/06£5,437£5,657£-221£0£0£0n/a00
30/09/05£4,619£4,904£-284£0£0£0n/a00
30/09/04£4,909£4,980£-71£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: 23%
Highest pay band: £140,000-£150,000
Liabilities/Assets: 10%
Liabilities/Income: 47%
Unrestricted Funds/Total Funds: 64%
Reserves/Spending: 30.2 months
Net Current Assets/Spending: 4 months
Quick Ratio: 0.3
Asset Split ?
Established: 51 years

www.imarest.org

info@imarest.org

02073822600

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Scientific research and testing services
How it operates
  • Acts as an umbrella or resource body
  • Provides advocacy/advice/information
Where it operates
  • Australia, Bangladesh, Belgium, Bermuda, Burma, Cyprus, Egypt, Greece, Hong Kong, Indonesia, Ireland, Isle Of Man, Luxembourg, Malaysia, Malta, Netherlands, New Zealand, Nigeria, Pakistan, Philippines, Russia, Scotland, Singapore, South Korea, Sri Lanka, Throughout England And Wales, Ukraine, United Arab Emirates, United States,
Who it helps
  • The General Public/Mankind
Who works here?
  • 20 employees
  • 414 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (16)
Current Trustees appointed
Gender Split
Based on 13/16 persons

Legal constitution
  • Charity registered in England & Wales on 22/08/1973, number: 212992
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; all on time
Main office

1 BIRDCAGE WALK
LONDON
SW1H 9JJ

Objectives

TO PROMOTE THE SCIENTIFIC DEVELOPMENT OF MARINE ENGINEERING IN ALL ITS BRANCHES.

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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