THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY

Charity Number: 1017938
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To educate individuals engaged in procurement and supply. To promote and maintain high standards of professional skill, ability and integrity among procurement and supply professionals. To promote and and develop procurement and supply techniques and encourage the use of improved methods in all organisations.

Income and expenditure

Data for financial year ending 31 October 2023

Total income:
£34,206,000

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Donations and legacies £0
Charitable activities £33.91m
Other trading activities £0
Investments £266.00k
Other £30.00k

Total expenditure:
£34,442,000

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Raising funds £0
Charitable activities £34.44m
Other £0

£30,000 investments gains (losses)

Total income includes £2,527,492 from 57 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £34.44m

People

230 Employee(s)

12 Trustee(s)

665 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 8
£70k to £80k 20
£80k to £90k 7
£100k to £110k 3
£110k to £120k 2
£120k to £130k 1
£130k to £140k 2
£140k to £150k 3
£150k to £200k 3
£200k to £250k 1
£250k to £300k 1

One or more of the employees were formerly trustees

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales
  • Australia
  • China
  • Ghana
  • Singapore
  • South Africa
  • Turkey
  • United Arab Emirates
  • United States

Governance

Registration history:
  • 18 November 2008: Standard registration
Organisation type:
Other
Other names:
  • CIPS (Working name)
  • THE CHARTERED INSTITUTE OF PURCHASING AND SUPPLY (Previous name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Alison Barto Chair 01 November 2016
None on record
Jay Doyle Trustee 25 June 2024
None on record
Adil Mohammad Trustee 25 June 2024
None on record
Wael Ahmed Trustee 25 June 2024
None on record
Suzanne Wise Trustee 17 January 2024
None on record
Juliet Sotnick Trustee 17 January 2024
None on record
Tracy Staines Trustee 01 November 2022
None on record
Kenneth Jones Trustee 01 November 2022
None on record
Henrik Larsen Trustee 01 July 2022
None on record
Rachael Legg Trustee 01 July 2022
PANCREATIC CANCER ACTION
Received: On time
Richard Wilding Trustee 01 November 2020
None on record
Garry Mansell Trustee 23 December 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 31/10/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Total gross income £30.54m £24.58m £27.27m £30.20m £34.21m
Total expenditure £29.92m £24.73m £24.87m £27.85m £34.44m
Income from government contracts N/A N/A N/A N/A £2.53m
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £23.60m £24.40m £27.12m £29.98m £33.91m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £160.00k £177.00k £155.00k £197.00k £266.00k
Income - Other £0 £0 £0 £28.00k £30.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £29.92m £24.73m £24.87m £27.85m £34.44m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £337.00k £166.00k £198.00k £263.00k £399.00k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/10/2019 31/10/2020 31/10/2021 31/10/2022 31/10/2023
Own use assets £1.38m £2.90m £6.23m £8.49m £7.45m
Long-term investments £4.26m £4.14m £4.93m £4.54m £4.46m
Other assets £11.37m £10.62m £9.45m £11.62m £14.00m
Defined benefit pension scheme asset or liability £2.26m £2.84m £4.82m £2.68m £2.08m
Total liabilities £13.23m £14.74m £14.91m £17.56m £19.36m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 October 2023 29 August 2024 On Time
Accounts and TAR 31 October 2023 29 August 2024 On Time Download Open in new window
Annual return 31 October 2022 21 April 2023 On Time
Accounts and TAR 31 October 2022 21 April 2023 On Time Download Open in new window
Annual return 31 October 2021 01 April 2022 On Time
Accounts and TAR 31 October 2021 01 April 2022 On Time Download Open in new window
Annual return 31 October 2020 19 April 2021 On Time
Accounts and TAR 31 October 2020 19 April 2021 On Time Download Open in new window
Annual return 31 October 2019 28 August 2020 On Time
Accounts and TAR 31 October 2019 28 August 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

ROYAL CHARTER GRANTED 28/09/1992 AS AMENDED ON 30/11/2011 AS AMENDED ON 08/10/2014

Charitable objects

(A) TO PROMOTE AND DEVELOP FOR THE PUBLIC BENEFIT THE ART AND SCIENCE OF PURCHASING AND SUPPLY AND LIKEWISE TO ENCOURAGE THE PROMOTION AND DEVELOPMENT OF IMPROVED METHODS OF PURCHASING AND SUPPLY IN ALL ORGANISATIONS (B) TO PROMOTE AND MAINTAIN FOR THE BENEFIT OF THE PUBLIC HIGH STANDARDS OF PROFESSIONAL SKILL, ABILITY AND INTEGRITY AMONG PERSONS ENGAGED IN PURCHASING AND SUPPLY (C) TO EDUCATE PERSONS ENGAGED IN THE PRACTICE OF PURCHASING AND SUPPLY AND BY MEANS OF EXAMINATION AND OTHER METHODS OF ASSESSMENT TO TEST THE SKILL AND KNOWLEDGE OF PERSONS DESIRING TO ENTER THE INSTITUTE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Linked charities

Linked charities
Linked charity 1017938-1 THE CIPS FOUNDATION
Governing document
SCHEME DATED 25 APR 1995 AS AMENDED ON 25 APR 2012 AS AMENDED ON 30 NOV 2016
Charitable objects
THE TRUSTEE SHALL APPLY THE INCOME OF THE CHARITY FOR THE PROMOTION OF EDUCATION IN THE SUBJECT OF PURCHASING AND SUPPLY IN SUCH WAYS AS THE TRUSTEE FROM TIME TO TIME THINKS FIT.
Area of benefit
UNDEFINED
Registration history
  • 18 November 2008 : Standard registration

Contact information

Address:
The Chartered Institute of
Procurement & Supply
Easton House
Easton on The Hill
STAMFORD
PE93NZ
Phone:
01780756777
Email:
member.services@cips.org
Website:

www.cips.org Open in new window