THE ASSOCIATION OF ACCOUNTING TECHNICIANS

Charity number: 1050724
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

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.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£33,509,180

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Donations and legacies £0
Charitable activities £32.46m
Other trading activities £510.98k
Investments £35.49k
Other £505.45k

Total expenditure:
£32,910,880

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Raising funds £290.82k
Charitable activities £32.47m
Other £154.88k

£1,722,702 investments gains (losses)

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.

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Raising funds and other expenditure £445.70k
Charitable expenditure £32.47m
Retained for future use £598.30k

People

252 Employee(s)

19 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 22
£70k to £80k 7
£80k to £90k 3
£90k to £100k 1
£100k to £110k 3
£130k to £140k 2
£150k to £200k 1
£200k to £250k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the 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:
  • The General Public/mankind
How the charity helps:
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • 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
  • United Arab Emirates

Governance

Registration history:
  • 15 November 1995: Standard registration
  • 04 January 2012: Funds received from 326012 THE ACCOUNTING TECHNICIANS EDUCATIONAL TRUST
Organisation type:
Charitable company
Other names:
  • A A T (Working name)
Company number:
01518983 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds 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
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease 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

19 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
kevin Bragg Chair 15 May 2015
None on record
Sharon Burrows FMAAT Trustee 15 September 2023
None on record
Kay Daniels FMAAT Trustee 15 September 2023
None on record
Amanda Susan Boustred FCMI FIOD Trustee 15 September 2023
None on record
Wayne John Cook FMAAT Trustee 15 September 2023
None on record
Beverley Flanagan MAAT Trustee 15 September 2023
None on record
LUCY COHEN FMAAT Trustee 16 September 2022
None on record
REBEKAH GLOVER FCCA FMAAT Trustee 16 September 2022
None on record
FRANCESCA NATALIA TRICARICO MAAT Trustee 16 September 2022
None on record
CHRISTOPHER ARGENT Trustee 16 September 2022
None on record
RACHEL HARRIS MBA MAAT Trustee 16 September 2022
None on record
ELIZABETH WALKLETT FMAAT Trustee 16 September 2022
None on record
Heather Durrell MAAT Trustee 17 September 2021
DALGARNO TRUST
Received: On time
Michael David Steed Trustee 17 September 2021
THE CANTORIS CHARITABLE TRUST
Received: On time
TENTERDEN SINGERS
Received: On time
Anne Marie Moore ACMA Trustee 10 December 2020
None on record
Rita Patel FMAAT Trustee 18 September 2020
None on record
Paul Leonard Donno Trustee 20 September 2019
None on record
HEATHER ALICE HILL FMAAT Trustee 20 May 2016
None on record
DAVID JOHN QUIGG BA CA MAAT Trustee 15 May 2015
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £31.63m £29.37m £32.28m £32.55m £33.51m
Total expenditure £30.61m £25.84m £25.35m £29.72m £32.91m
Income from government contracts N/A N/A N/A N/A N/A
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 £558.76k £443.43k £675.66k £951.08k £510.98k
Income - Charitable activities £30.30m £27.63m £30.91m £30.78m £32.46m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £223.02k £157.93k £212.78k £231.16k £35.49k
Income - Other £546.42k £1.13m £480.08k £586.30k £505.45k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £29.72m £25.07m £24.67m £28.75m £32.47m
Expenditure - Raising funds £190.51k £212.67k £240.39k £252.46k £290.82k
Expenditure - Governance £514.20k £339.43k £375.81k £545.16k £659.62k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £190.51k £212.67k £240.39k £252.46k £290.82k
Expenditure - Other £701.97k £555.86k £446.45k £711.27k £154.88k

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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £818.87k £1.02m £4.07m £6.21m £5.66m
Long-term investments £19.81m £24.42m £25.71m £30.44m £28.46m
Other assets £9.89m £12.20m £17.15m £14.53m £16.22m
Defined benefit pension scheme asset or liability -£741.00k -£516.00k £0 -£878.00k -£652.00k
Total liabilities £13.09m £12.41m £13.86m £15.92m £16.46m

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 March 2024 20 December 2024 On Time
Accounts and TAR 31 March 2024 20 December 2024 On Time Download Open in new window
Annual return 31 March 2023 29 January 2024 On Time
Accounts and TAR 31 March 2023 29 January 2024 On Time Download Open in new window
Annual return 31 March 2022 20 October 2022 On Time
Accounts and TAR 31 March 2022 20 October 2022 On Time Download Open in new window
Annual return 31 March 2021 01 October 2021 On Time
Accounts and TAR 31 March 2021 01 October 2021 On Time Download Open in new window
Annual return 31 March 2020 13 October 2020 On Time
Accounts and TAR 31 March 2020 13 October 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.

MEMORANDUM AND ARTICLES INCORPORATED 26/09/1980 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 23/05/1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/05/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/05/2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 21/05/2004 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/05/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06/12/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/05/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 21/05/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 21/05/2010 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 20/05/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19 MAY 2017 as amended on 18 Sep 2020

Charitable objects

(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 BENEFIT BY PROMOTING AND ENFORCING STANDARDS OF PROFESSIONAL CONDUCT AMONGST THOSE ENGAGED IN ACCOUNTANCY AND MONITORING AND SUPERVISING THEIR COMPLIANCE WITH MONEY LAUNDERING LEGISLATION.

Area of benefit

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

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

Contact information

Address:
30 Churchill Place
London
E14 5RE
Phone:
02073973052
Email:
aat@aat.org.uk
Website:

aat.org.uk