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The Chartered Institute Of Management Accountants' Benevolent Fund

Also known as: Cima Benevolent Fund

The relief of necessitous persons who are or have been members of The Chartered Institute of Management Accountants, or any predecessor body, and of necessitous persons connected by ties of relationship or dependency at any time with persons who are or at any time were such members.

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Activities & Mission

The relief of necessitous persons who are or have been members of The Chartered Institute of Management Accountants, or any predecessor body, and of necessitous persons connected by ties of relationship or dependency at any time with persons who are or at any time were such members.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Show all 27 areas of operation

Financial Information

Latest Income
£279,000
Latest Expenditure
£319,000

Financial Efficiency

Program Ratio 2.7%
% of income going directly to charitable activities

Higher than 3% of UK Social welfare charities with income £100K to £1M (sample: 1815). How is this calculated?

Overall Efficiency 67.6%
% of expenditure going to programs (vs overhead)

Higher than 9% of UK Social welfare charities with income £100K to £1M. How is this calculated?

Administrative Ratio 1.0%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 59% of UK Social welfare charities with income £100K to £1M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £2,558,000
Charitable Activities £0
Other Trading £0
Investments £26,000
Other Income £0

Expenditure Categories

Charitable Expenditure £69,000
Raising Funds £1,000
Governance £0
Grants to Institutions £0
Other Expenditure £32,000

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.

One or more years show a significant change in income (over ±100%) compared with the prior year. This usually reflects a merger, transfer of activities, restated accounts, or a one-off legacy — not necessarily a real change in operating scale. See the methodology for context.

The Commission record shows this related event on the register:

  • Asset transfer in in 2025 — The Chartered Institute of Management Accountants' Benevolent Fund (organisation 261114)
Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024
£279,000
£319,0000 / 0
2023
£2,584,000
£102,000£69,000£2,546,000£2,546,0000 / 0
2022
£0
£00 / 1

Staff column shows: Employees / Volunteers

Frequently asked questions about The Chartered Institute Of Management Accountants' Benevolent Fund

What does The Chartered Institute Of Management Accountants' Benevolent Fund do?

The relief of necessitous persons who are or have been members of The Chartered Institute of Management Accountants, or any predecessor body, and of necessitous persons connected by ties of relationship or dependency at any time with persons who are or at any time were such members.

How much income did The Chartered Institute Of Management Accountants' Benevolent Fund report in 2024?

The Chartered Institute Of Management Accountants' Benevolent Fund reported total income of £279k and reported expenditure of £319k for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is The Chartered Institute Of Management Accountants' Benevolent Fund?

The Chartered Institute Of Management Accountants' Benevolent Fund has a program ratio of 2.7%, meaning that share of its income goes directly to charitable activities. This is higher than 3% of UK Social welfare charities with income £100K to £1M (sample of 1815 charities). See our methodology for how this is calculated.

When was The Chartered Institute Of Management Accountants' Benevolent Fund registered as a charity?

The Chartered Institute Of Management Accountants' Benevolent Fund was registered with the Charity Commission for England and Wales on 7 October 2021 as charity number 1196072. It has been registered for 5 years.

Who runs The Chartered Institute Of Management Accountants' Benevolent Fund?

The Chartered Institute Of Management Accountants' Benevolent Fund is governed by a board of 10 trustees. The chair of trustees is Andrew McGunnigle FCMA CGMA. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Chartered Institute Of Management Accountants' Benevolent Fund operate?

The Chartered Institute Of Management Accountants' Benevolent Fund operates across 27 areas, including Abu Dhabi, Australia, Bangladesh and 24 others. The full list is shown on its profile.

Is The Chartered Institute Of Management Accountants' Benevolent Fund a registered charity?

Yes — The Chartered Institute Of Management Accountants' Benevolent Fund is a registered charity in England and Wales, charity number 1196072.

Details

Address
8th Floor
30 Crown Place
London
Registration Date
7 October 2021
Status
Registered

Registry Information

Organisation Number
5188159
Charity Number
1196072

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Trustees

Andrew McGunnigle FCMA CGMA Chair
Akmol Hussain
AMARJEET HANS
Also governs 2 other charities
Bulelwa Kotta
Elaine Marie Richardson
Also governs 1 other charity
Matthew Miller FCMA
Rachael Jarrett
Rona van Hoepen
Shahzad Ali
Yvonne Dzotsi

Sectors & Classifications

Also Known As

  • Cima Benevolent Fund

Data & trust

Register data refreshed
14 May 2026
Report a data issue