BENEVOLENT FUND OF THE INSTITUTION OF MECHANICAL ENGINEERS(THE)
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-02 (in 1y)
Last made up 2026-04-18
Watchouts
Cash
£411K
+143.7% vs 2023
Net assets
£39M
+11.8% vs 2023
Employees
4
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £1,114,276 | £4,133,511 | |
| Cash | £168,848 | £411,450 | |
| Total assets less current liabilities | £35,119,356 | £39,252,867 | |
| Net assets | £35,119,356 | £39,252,867 | |
| Equity | £35,119,356 | £39,252,867 | |
| Average employees | 4 | 4 | |
| Wages | £249,492 | £224,260 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 0.3% | 0.8% | |
| Current ratio | 12.52x | 6.22x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Expansion of Foundation project funding brings associated yet unanticipated organisational risks - assessed as risk value 4 (2x2). Trustees continue to feel that whilst the expansion of our activities into providing funding to organisations through our foundation funding work is welcome to increase our impact and public benefit, it also brings the organisation into new areas of operating, with associated uncertainties.”
- “During 2024 we commenced making active changes to restructure our investment portfolio with our revised investment strategy and ESG policies adopted during 2023, in order to further align our investments with our mission.”
- “During the year we further expanded our neuro diversity offering and introduced new offering via the National Autistic Society, with 11 referrals made, accessing 32 different aspects of the programme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 91 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROADHEAD, Ann Louise | Secretary | 2010-06-28 | — | — |
| BAKSH, Farah | Director | 2020-07-17 | Jan 1965 | British |
| BURROWS, Martin | Director | 2025-03-31 | Aug 1964 | British |
| CUTHBERTSON, Robert John | Director | 2023-09-19 | Apr 1957 | British |
| GARNER, Wendy | Director | 2025-03-31 | Sep 1963 | British |
| HOWLETT, Jodie | Director | 2025-07-29 | Oct 1995 | British |
| MANJULA RAJAPPA, Harshitha | Director | 2022-07-29 | Feb 2001 | British |
| PRICE, David Trevor | Director | 2022-10-25 | Aug 1954 | British |
| ROWLAND, Andrew | Director | 2020-07-17 | Oct 1981 | British |
Show 91 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MELLOR, Ronald William | Secretary | — | 1992-12-31 |
| MONEY, Robert Irving | Secretary | 1997-11-14 | 2010-06-28 |
| MUTSAARS, James Andrew, Wing Commander | Secretary | 1993-01-01 | 1997-11-14 |
| ARROWSMITH, Leslie | Director | 1998-05-07 | 2003-06-04 |
| ARROWSMITH, Leslie | Director | — | 1996-05-02 |
| ATKINS, John | Director | 2010-06-03 | 2016-07-14 |
| BAKER, David George | Director | 1997-05-01 | 2002-05-02 |
| BAKER, David George | Director | 1991-05-02 | 1996-05-02 |
| BERESFORD HARTWELL, Geoffrey Michael, Eur. Ing. Prof. | Director | 1991-05-02 | 1996-05-02 |
| BLACKMAN, Maurice Trevor | Director | — | 2002-05-02 |
| BLOWERS, Leonard Thomas | Director | — | 1994-05-05 |
| BOUCHER, Gerald Stewart | Director | 1993-05-06 | 1994-05-05 |
| BRUNGER, William Ernest | Director | 2004-06-03 | 2010-06-03 |
| BUTLER, John Robert | Director | 1993-05-06 | 1997-05-01 |
| BUTTIFANT, Raymond | Director | 2009-06-04 | 2016-07-14 |
| CALLANDER, Thomas Mcarthur Strang | Director | 1991-05-02 | 1995-05-04 |
| CARDING, Frank Thomas | Director | 1995-05-04 | 2000-05-04 |
| CARDING, Frank Thomas | Director | — | 1994-05-05 |
| CHARLESWORTH, Norman Edwin | Director | — | 1993-05-06 |
| CLARK, Christine | Director | 2016-07-14 | 2022-07-29 |
| CLARK, Gregor Fyfe | Director | 1991-05-02 | 1993-05-06 |
| COOKE, Brian Lindsay Durler | Director | 2014-07-17 | 2020-07-17 |
| CORNFORTH, John | Director | 2017-07-18 | 2023-08-03 |
| CUTHBERTSON, Robert | Director | 2023-09-15 | 2026-04-21 |
| DAGLEY, Bruce | Director | 2016-07-14 | 2024-07-25 |
| DIPROSE, Derek Lawrence | Director | 1997-05-01 | 2002-05-02 |
| DOUGLAS, James Lowe | Director | 1997-05-01 | 2002-05-02 |
| DOWSON, Duncan, Professor | Director | 1994-05-05 | 1995-05-04 |
| ELKIN, Ronald Sidney George | Director | — | 1993-05-06 |
| FISHER, Scot | Director | 2010-06-03 | 2017-07-18 |
| FOX, Stanley Eaton | Director | 1991-05-02 | 1995-05-04 |
| FRATER, Tony | Director | 2019-07-25 | 2025-07-30 |
| GEE, David Elliot | Director | 2003-06-04 | 2009-04-27 |
| GREENWOOD, Michael | Director | 2011-06-09 | 2018-07-12 |
| GREGG, William | Director | 1999-05-06 | 2006-06-08 |
| HANNAWAY, Michael Thomas | Director | 2009-06-04 | 2015-07-23 |
| HOWARD, George William | Director | 1995-05-04 | 1999-05-06 |
| HOWARD JONES, Robert Francis | Director | 1998-05-07 | 2006-06-08 |
| HOWLETT, Jodie | Director | 2022-07-29 | 2026-05-01 |
| IQBAL, Muhammad | Director | 2012-07-19 | 2015-07-23 |
| JACQUES, Alfred John | Director | 2010-06-03 | 2016-07-14 |
| JAMES, David Denver, Dr | Director | 1999-05-06 | 2010-06-03 |
| JEAYS, Robert Francis | Director | 2010-06-03 | 2016-07-14 |
| KEEN, Bryan | Director | 2003-06-04 | 2009-04-27 |
| KEEN, Bryan | Director | 1996-05-02 | 2001-05-03 |
| KIRBY, Harry Ashley | Director | 1991-05-02 | 1994-05-05 |
| LAMBERT, Sidney John | Director | — | 1992-05-07 |
| LAW, Roger Alexander | Director | 2006-06-08 | 2011-06-09 |
| LAWRENCE, David Frank | Director | 1998-05-08 | 2004-06-03 |
| LAWRENCE, David Frank, Air Commander | Director | 1993-06-05 | 1997-05-01 |
| MAY, Frederick James | Director | — | 1992-05-07 |
| METCALFE, Roland | Director | 2000-05-04 | 2008-06-05 |
| METCALFE, Roland | Director | — | 1994-05-05 |
| MINCHER, David | Director | 2011-06-09 | 2017-07-18 |
| MORGAN, Francis William, Group Captain | Director | 1991-05-02 | 1994-10-17 |
| MULLARKEY, Stephen Patrick | Director | 2006-06-08 | 2017-07-18 |
| MURRAY, Arthur Christopher | Director | 1991-05-02 | 1996-05-02 |
| ONUNKWO, Chukwuma | Director | 2021-07-27 | 2026-05-01 |
| OSBORNE, Graham John | Director | 1999-05-06 | 2004-06-03 |
| PEARSON, James Alistair | Director | 1998-05-07 | 2003-06-04 |
| PEASLAND, Alan | Director | 2022-07-29 | 2026-01-27 |
| PHILLIPS, John | Director | 1995-05-04 | 1999-05-06 |
| PHILLIPS, John | Director | — | 1992-05-07 |
| PIKE, Richard Andrew, Dr | Director | 1994-08-04 | 1999-05-06 |
| PORGES, George | Director | 1997-05-01 | 2002-05-02 |
| PORGES, George | Director | — | 1996-05-02 |
| PRESSLAND, Roy | Director | 2010-06-03 | 2016-07-14 |
| REYNOLDS, Alan James, Professor | Director | 2003-06-04 | 2009-04-27 |
| RINALDI, Nicole | Director | 2015-07-23 | 2021-07-27 |
| ROBERTS, Kenneth William | Director | — | 1993-05-06 |
| ROBERTS, Raymond | Director | — | 1994-05-05 |
| ROSS, Edmund | Director | 1995-05-04 | 1997-12-05 |
| ROSS, Edmund | Director | — | 1994-05-05 |
| SANDERSON, Albert Michael | Director | 2004-06-03 | 2010-06-03 |
| SHENTON, Colin George Arthur | Director | 2004-06-03 | 2010-06-03 |
| SHEPHERD, James | Director | 2008-06-05 | 2011-06-09 |
| SHUKLA, Chirantan | Director | 2017-07-18 | 2022-01-31 |
| SMITH, Terence John | Director | 2003-06-04 | 2010-06-03 |
| SMITH, Terence John | Director | 1993-06-05 | 1999-05-06 |
| SPENCE, George Broadley | Director | 1996-05-02 | 2002-05-02 |
| SUNDERLAND, Robert Michael | Director | 1996-05-02 | 2001-05-03 |
| SUNDERLAND, Robert Michael | Director | 1993-06-05 | 1995-05-04 |
| SUTTON, Peter | Director | 1998-05-07 | 2003-06-04 |
| SUTTON, Peter | Director | — | 1997-05-01 |
| TAYLOR, Chris, Professor | Director | 2016-07-14 | 2022-07-29 |
| TEMPLEY, Sarah Jane | Director | 2015-07-23 | 2021-07-27 |
| TORRANCE, John Nedret | Director | 2006-06-08 | 2012-07-19 |
| TORRANCE, John Nedret | Director | 1999-05-06 | 2004-06-03 |
| TWINE, Geoffrey Charles | Director | — | 2004-06-03 |
| WEETMAN, David John Canning | Director | 1995-05-04 | 2005-06-02 |
| WHITWORTH, Reginald Richard | Director | — | 1992-05-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 277 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | MA | incorporation | Memorandum articles | |
| 2023-12-21 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 5
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
+143.7%
£168,848 £411,450
-
Net assets
+11.8%
£35,119,356 £39,252,867
-
Employees
0%
4 4
-
Wages
-10.1%
£249,492 £224,260
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers