INSTITUTE OF ACOUSTICS LIMITED (THE)

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RAYNER ESSEX 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 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

• “A new responsive website was commissioned which will go live in 2025.”
• “One day and evening face-to-face meetings took place. In addition, shorter online workshops and webinars were held, which remain popular. The year saw the Institute run 3 face-to-face conferences: Acoustics 2024 in Manchester, ICU in Bath and Reproduced Sound in Bristol.”
• “In 2024, 57 students passed the diploma with 191 candidates passing other courses.”
• “The Parliamentary Liaison Group has continued to make success at Parliamentary level in growing a network of influence.”
• “The Institute continued to support STEM activities, including: Funding Edinburgh Science to work with schools in Scotland; Funding and working with SpringPod to continue to deliver online workshops to school pupils; In Our Lottie Doll social media campaign promoting women in acoustics continued; We continued to run our Secondary and Primary Schools competitions.”
• “The Institute continued its journey to becoming a digital organisation. IT systems in the Office were upgraded. The design of the new website was approved in the summer of 2024 and work commenced to build the site on Magnolia CMS. The new site will be built by Spring 2025.”
• “Membership again saw a small increase from 3092 in December 2023 to 3146 in December 2024 (excluding students).”
• “The Institute is investing in the development of its provision of education and the diploma courses and is looking at developing its overseas market. At the same time the Institute is investing in its digital presence online to support this expansion.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4.6%

  £1,252,769 → £1,310,903

• Cash

  -13.3%

  £1,271,661 → £1,102,100

• Net assets

  -9.7%

  £1,502,747 → £1,356,530

• Employees

  0%

  7 → 7

• Operating profit

  -62.8%

  -£89,821 → -£146,217

• Profit before tax

  -62.8%

  -£89,821 → -£146,217

• Wages

  +10.5%

  £255,734 → £282,580

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers