REGISTERED COMPANY NUMBER: 01959979 (England and Wales) REGISTERED CHARITY NUMBER: 327121
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
ENGINEERING INTEGRITY SOCIETY (A COMPANY LIMITED BY GUARANTEE)
ENGINEERING INTEGRITY SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objective and principal activity is to provide a forum for engineers, technicians and materials specialists to discuss and assess technological developments and their practical application to measurement techniques and structural integrity and noise, vibration and human characteristics of components, sub assemblies and complete products.
Public benefit
The trustees have complied with the duty in section 4 of the 2006 Charities Act to have due regard to guidance published by the Charity Commission.
The Society provides a forum for the interchange of ideas and information for practising engineers and engineering researchers, as well as a journal containing technical papers, topical discussion pieces and news, and regular events.
ACHIEVEMENT AND PERFORMANCE
Summary of Main Achievements During The Year
It is with great sadness that the Directors record in the 2025 Annual Report the tragic and untimely death of our President, Professor Rod Smith. Rod lost his life whilst walking in the Lake District on his 77th birthday, 26 December 2024. The EIS was represented at the memorial service held in Oxford to celebrate his life, innumerable achievements and impact on the lives of so many engineers and scientists.
The Directors are pleased to report that the EIS has continued to strengthen its financial position whilst delivering a broad range of charitable and commercial activities. Elsewhere in the report are the details of the income and expenditure and the balance sheet. It is worth highlighting the increase in total funds from £178,719 to £185,873 compared the 2023/24 financial year which is due to our highly successful international conference, Fatigue 2024. It should also be noted that, due to the availability of dates to run our Instrumentation, Analysis and Testing Exhibition at Silverstone, the 2025 event fell outside this reporting period.
As ever, we are extremely grateful to all of our Corporate Members for their support throughout the year and we appreciate the time that their staff spend on EIS activities. The groups, supported by our Marketing & Events Manager, continue a variety of seminars, webinars and other activities, as recorded in Note 12 of this report. Particularly noteworthy is the highly successful tyre testing seminar that we held at HORIBA MIRA. This proved to be a very popular topic and the event was enhanced by the kind offer of HORIBA MIRA to visit their Driving Simulator Centre. One of the highlights of the year was the Fatigue 2024 conference at Jesus College Cambridge. This was our largest ever international conference and was very well received by the delegates, presenters and corporate sponsors. Included in the conference was the annual Peter Watson Prize competition which attracted record numbers and demonstrated the quality and breadth of work being carried out by young engineers.
The Directors took the decision to broaden our support for extra-curricular engineering projects in UK Universities by running a competitive bidding process for our sponsorship. Such was the quality of the project bids that we are sponsoring students at Sheffield, Leeds and Glasgow Universities. We look forward to hearing of their successes and building relationships with them.
Within the Society, we are delighted to welcome Niall Smyth of Coventry University as chair of the Durability and Fatigue Group. We are very grateful to Peter Bailey for his long service as chair of this group and pleased that Peter will remain an active member.
The Directors continue to monitor the Society's structures, plans and financial commitments closely. Our strong financial reserves enable us to deliver a wide range of charitable and commercial activities and allow us to explore and develop new events.
In summary, the EIS has had a highly successful year, both in terms of meeting its charitable aims and delivering events, and we look forward continued success in the future.
Page 1
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Financial position
The Society's financial position is recorded in detail in this Annual Report Our capital reserves have allowed us to maintain the society's charitable activities through this difficult period. In summary, our current income and reserves are sufficient to maintain our planned activities. It is the Trustees' intention to maintain this position whilst growing the numbers of engineers who engage with the Society as members, delegates and presenters.
Reserves policy
The Trustees have ensured that all cash reserves, apart from those required for the day to day operation of the company, are held in an interest bearing account, and that the company aims to have a free reserve to cover costs associated with any future events.
Our financial strategy of building reserves provides the Society with the resilience to promote engineering to young people and support them in their professional development during the politically and financially uncertain times ahead.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
Directors are a subset of Trustees. Trustees are all members of the council and their nomination must be approved by council members. They must be nominated and seconded by the membership.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
01959979 (England and Wales)
Registered Charity number
327121
Registered office
c/o Hollis and Co 35 Wilkinson Street Sheffield S10 2GB
Page 2
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Trustees
E R Cawte G Hemmings Dr J R Yates (Chair) Dr P Bailey D Ensor D Fish Dr S Jeffs Dr A O'Neill P Roberts S Payne K Vickers J Shenton M Cockrill Dr H Cockings C Bligh A E Chahardehi N Smyth (appointed 8/5/25)
All elected Council members of the Society are trustees of the Society. Of the trustees, the following are also directors of the charity for the purposes of the Companies Act 2006:-
J R Yates G Hemmings E R Cawte P Bailey A T O'Neill D G Fish J Shenton C Bligh
Company Secretary
P Roberts
Independent Examiner
Hollis and Co Limited Chartered Accountants 35 Wilkinson Street Sheffield South Yorkshire S10 2GB
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 26 June 2025 and signed on its behalf by:
Dr J R Yates (Chair) - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGINEERING INTEGRITY SOCIETY
Independent examiner's report to the trustees of Engineering Integrity Society ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peter Hollis
Hollis and Co Limited Chartered Accountants 35 Wilkinson Street Sheffield South Yorkshire S10 2GB
8 July 2025
Page 4
ENGINEERING INTEGRITY SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities Conferences 126,906 Membership 21,887 Investment income 2 2,921 Other income 656 Total 152,370 EXPENDITURE ON Charitable activities Conferences 103,050 Membership 4,254 Other 37,912 Total 145,216 NET INCOME 7,154 RECONCILIATION OF FUNDS Total funds brought forward 178,719 TOTAL FUNDS CARRIED FORWARD 185,873 |
Restricted fund £ - - - - - - - - - - - - |
2025 Total funds £ 126,906 21,887 2,921 656 152,370 103,050 4,254 37,912 145,216 7,154 178,719 185,873 |
2024 Total funds £ 90,312 23,735 2,618 1,282 |
|---|---|---|---|
| 117,947 | |||
| 56,616 - 37,979 |
|||
| 94,595 | |||
| 23,352 155,367 |
|||
| 178,719 |
The notes form part of these financial statements
Page 5
ENGINEERING INTEGRITY SOCIETY
BALANCE SHEET 31 MARCH 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 693 CURRENT ASSETS Debtors 8 39,196 Cash at bank 217,517 256,713 CREDITORS Amounts falling due within one year 9 (71,533) NET CURRENT ASSETS 185,180 TOTAL ASSETS LESS CURRENT LIABILITIES 185,873 NET ASSETS 185,873 FUNDS 10 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - |
2025 Total funds £ 693 39,196 217,517 256,713 (71,533) 185,180 185,873 185,873 185,873 185,873 |
2024 Total funds £ 933 20,245 264,748 284,993 (107,207) 177,786 178,719 178,719 178,719 178,719 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
ENGINEERING INTEGRITY SOCIETY
BALANCE SHEET - continued 31 MARCH 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 June 2025 and were signed on its behalf by:
J R Yates (Chair) - Trustee
D Fish - Trustee
The notes form part of these financial statements
Page 7
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Expenditure on management and administration of the charity includes all expenditure not directly related to the charitable activity and related activities. This includes cost of office services, audit and professional fees.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on cost Computer equipment - 25% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. INVESTMENT INCOME
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Interest receivable | 2,921 | 2,618 |
continued...
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ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 313 | 965 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
Expenses totalling £nil (2024 £nil) were reimbursed to officers of the Society during the year. These officers comprise trustees and committee members who have retired from active employment but remain active as committee members.
5. STAFF COSTS
The Society does not employ any staff.
An individual, under a contract for services, managed administration on a day to day basis:. The costs, including reimbursement of expenses paid on behalf of the Society, were as follows
2025 2024 £ £ Marketing and Event Services costs for the year 41,173 35,006 (including administration and conference costs)
Expense reimbursement 5,672 5,749
6. INDEMNITY INSURANCE
The Society has taken out insurance to indemnify officers and trustees against any potential neglect or default for an annual limit of £500,000, including costs and expenses, which is renewed on a rolling basis each year on 9 June.
continued...
Page 9
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. TANGIBLE FIXED ASSETS
| Office equipment £ COST At 1 April 2024 1,803 Additions 99 Disposals (44) At 31 March 2025 1,858 DEPRECIATION At 1 April 2024 957 Charge for year 270 Eliminated on disposal (18) At 31 March 2025 1,209 NET BOOK VALUE At 31 March 2025 649 At 31 March 2024 846 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors VAT Accrued expenses Deferred income Debtor credit balances |
Computer equipment £ 3,939 - - 3,939 3,852 43 - 3,895 44 87 2025 £ 38,828 368 39,196 2025 £ 4,782 230 4,880 61,641 - 71,533 |
|
|---|---|---|
continued...
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ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS
| At 1/4/24 £ Unrestricted funds General fund 178,719 TOTAL FUNDS 178,719 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 152,370 TOTAL FUNDS 152,370 Comparatives for movement in funds At 1/4/23 £ Unrestricted funds General fund 155,367 TOTAL FUNDS 155,367 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 117,947 TOTAL FUNDS 117,947 |
Net movement At in funds 31/3/25 £ £ 7,154 185,873 7,154 185,873 Resources Movement expended in funds £ £ (145,216) 7,154 (145,216) 7,154 Net movement At in funds 31/3/24 £ £ 23,352 178,719 23,352 178,719 Resources Movement expended in funds £ £ (94,595) 23,352 (94,595) 23,352 |
|---|---|
continued...
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ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/4/23 £ 155,367 155,367 |
Net movement in funds £ 30,506 30,506 |
At 31/3/25 £ 185,873 185,873 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 270,317 270,317 |
Resources Movement expended in funds £ £ (239,811) 30,506 (239,811) 30,506 |
|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
12. CONFERENCES AND EXHIBITIONS
| Title | Gross Income |
Expenses Net Income |
Expenses Net Income |
|---|---|---|---|
| £ | £ | £ | |
| Fatigue 2024 Conference 19-21.06.2024 |
120,372.46 | 84,082.20 | 36,290.26 |
| Seminar: Data Collection 15.10.2024 |
2,728.75 | 3,135.25 | (406.50) |
| Exhibition: Advanced Engineering Show 01.11.2024 |
0.00 | 1,704.81 | (1,704.81) |
| Webinar: Maximising Insights into Data 14.11.2024 |
(10.00) | 279.69 | (289.69) |
| Exhibition: Student Insights 12.03.2025 |
300.00 | 2,990.77 | (2,690.77) |
| Seminar: Tyre Testing 20.03.2025 |
3,515.00 | 1,708.35 | 1,806.65 |
| Additional costs for prior year events | 0.00 | 5,061.55 | (5,061.55) |
| Young Engineers Seminars | 0.00 | 12.88 | (12.88) |
| Peter Watson Prize | 0.00 | 631.25 | (631.25) |
| 126,906.21 | 99,606.75 | 27,299.46 |
Page 12
ENGINEERING INTEGRITY SOCIETY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| INCOME AND ENDOWMENTS Investment income Interest receivable Charitable activities Conference income Corporate membership Personal membership Other income Publishers Licensing Service Total incoming resources EXPENDITURE Charitable activities Conference costs Bad debts EIS Journal Archive storage costs Sponsorship Cancelled events Other Insurance Telephone and data line Postage and stationery Marketing Miscellaneous expenses Computer consumables Bank charges iZettle costs Depreciation of tangible fixed assets Support costs Governance costs Accountancy fees Marketing and Events Manager Council/committee meetings |
2025 £ 2,921 126,906 21,600 287 148,793 656 152,370 99,607 (1,938) 5,907 440 3,071 - 107,087 3,685 383 195 3,485 5,593 131 173 32 291 13,968 3,376 20,568 217 24,161 |
2024 £ 2,618 90,312 23,138 597 |
|---|---|---|
| 114,047 1,282 |
||
| 117,947 50,137 338 5,219 580 - 125 |
||
| 56,399 3,501 484 874 4,263 4,940 449 240 262 965 |
||
| 15,978 3,772 17,805 641 |
||
| 22,218 |
This page does not form part of the statutory financial statements
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ENGINEERING INTEGRITY SOCIETY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 |
||
|---|---|---|
| Total resources expended Net income |
2025 £ 145,216 7,154 |
2024 £ |
| 94,595 | ||
| 23,352 |
This page does not form part of the statutory financial statements
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