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 2026
FOR
ENGINEERING INTEGRITY SOCIETY (A COMPANY LIMITED BY GUARANTEE)
ENGINEERING INTEGRITY SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Notes to the Financial Statements | 9 | to | 13 |
| Detailed Statement of Financial Activities | 14 | to | 15 |
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026
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 2026. 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.
ACHIEVEMENTS AND PERFORMANCE
Summary of Main Achievements During The Year
The Engineering Integrity Society continues to successfully navigate the turbulent waters arising from the geopolitical instabilities beyond its control. Our offering of events and support for the engineering community has diversified with the impact of increasing our charitable activities and slightly reducing our reserves. We are delighted to be able to continue to reach a new audience of early career engineers.; the enthusiastic engagement of these young people provides the Society with a strong basis for our future.
The overall financial position of the Society is strong, as reported in the financial statement below. The headline figure of our total funds of £175,205, whilst around £10,000 lower than in 2014/25, is comparable with the years in which we do not run our international conference. Our highly acclaimed trade exhibition at Silverstone Circuit, IATE25, and our strong corporate membership remain our core income and we hugely grateful for the support that our industrial and commercial partners bring to the Society.
The trend of increasing interest in online events and the decline in attendance at one day seminars and workshops continues. Whilst the positive impact this has on engagement with the Society is welcomed, it has changed the balance of our income generation to charitable expenditure. This, combined with the launch of a special series of events to mark our 40th anniversary, has contributed to our small decline in reserves. However, our EIS40 programme, where we have recruited a group of early careers engineers for a dedicated series of visits and workshops has been a great success and has also enabled us to strengthen our links with some key engineering companies. We continue with our sponsorship of student extra-curricular engineering projects and have enjoyed the increased engagement of the students with the EIS.
The Directors closely monitor the Society's structures, plans and financial commitments. We have considered our position on our reserves and have retained funds to support our annual trade exhibition, our triennial international conference and our increasing portfolio of student sponsorship, free workshops and webinars. The exhibition and conference are high cost events with considerable initial expenditure. We are cognisant of the existential risk to the Society, potentially up to £50,000 for each, should there be a reduction in demand for either due to a change in local or global economic conditions. We are therefore committed to maintaining our current level of reserves.
In summary, the EIS has had another successful year and is well-positioned to continue to deliver high quality events for all of its stakeholders.
Page 1
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026
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 2026
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) Ms V A Wilkes (appointed 26/6/25)
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
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Engineering Integrity Society for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Page 3
ENGINEERING INTEGRITY SOCIETY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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.
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 25 June 2026 and signed on its behalf by:
Dr J R Yates (Chair) - Trustee
Page 4
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 2026.
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:
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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
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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
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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
30 June 2026
Page 5
ENGINEERING INTEGRITY SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2026
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Charitable activities Conferences 83,236 Membership 27,762 Investment income 2 2,504 Other income 2,029 Total 115,531 EXPENDITURE ON Charitable activities Conferences 74,533 Membership 8,905 Other 42,761 Total 126,199 NET INCOME/(EXPENDITURE) (10,668) RECONCILIATION OF FUNDS Total funds brought forward 185,873 TOTAL FUNDS CARRIED FORWARD 175,205 |
Restricted fund £ - - - - - - - - - - - - |
2026 Total funds £ 83,236 27,762 2,504 2,029 115,531 74,533 8,905 42,761 126,199 (10,668) 185,873 175,205 |
2025 Total funds £ 126,906 21,887 2,921 2,594 |
|---|---|---|---|
| 154,308 | |||
| 104,988 4,254 37,912 |
|||
| 147,154 | |||
| 7,154 178,719 |
|||
| 185,873 |
The notes form part of these financial statements
Page 6
ENGINEERING INTEGRITY SOCIETY
BALANCE SHEET 31 MARCH 2026
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 7 2,036 CURRENT ASSETS Debtors 8 12,417 Cash at bank 259,465 271,882 CREDITORS Amounts falling due within one year 9 (98,713) NET CURRENT ASSETS 173,169 TOTAL ASSETS LESS CURRENT LIABILITIES 175,205 NET ASSETS 175,205 FUNDS 10 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - |
2026 Total funds £ 2,036 12,417 259,465 271,882 (98,713) 173,169 175,205 175,205 175,205 175,205 |
2025 Total funds £ 693 39,196 217,517 256,713 (71,533) 185,180 185,873 185,873 185,873 185,873 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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
continued...
Page 7
ENGINEERING INTEGRITY SOCIETY
BALANCE SHEET - continued 31 MARCH 2026
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 25 June 2026 and were signed on its behalf by:
J R Yates (Chair) - Trustee
G Hemmings - Trustee
The notes form part of these financial statements
Page 8
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
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
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Interest receivable | 2,504 | 2,921 |
continued...
Page 9
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2026
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 848 | 313 |
| Independent examiners remuneration | 5,478 | 3,376 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.
Trustees' expenses
Expenses totalling £nil (2025 £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
2026 2025 £ £ Marketing and Event Services costs for the year 41,460 41,173 (including administration and conference costs)
Expense reimbursement 8,407 5,672
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 10
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2026
7. TANGIBLE FIXED ASSETS
| Office equipment £ COST At 1 April 2025 1,858 Additions 283 At 31 March 2026 2,141 DEPRECIATION At 1 April 2025 1,209 Charge for year 328 At 31 March 2026 1,537 NET BOOK VALUE At 31 March 2026 604 At 31 March 2025 649 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Membership debtor 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors VAT Accrued expenses Deferred income Debtor credit balances 10. MOVEMENT IN FUNDS At 1/4/25 £ Unrestricted funds General fund 185,873 TOTAL FUNDS 185,873 |
Computer equipment £ 3,939 1,908 5,847 3,895 520 4,415 1,432 44 2026 £ 11,693 678 46 12,417 2026 £ 24,844 1,072 3,375 68,054 1,368 98,713 Net movement in funds £ (10,668) (10,668) |
Totals £ 5,797 2,191 7,988 5,104 848 5,952 2,036 693 2025 £ 38,828 368 - 39,196 2025 £ 4,782 230 4,880 61,641 - 71,533 At 31/3/26 £ 175,205 |
Totals £ 5,797 2,191 7,988 5,104 848 5,952 2,036 693 2025 £ 38,828 368 - |
|---|---|---|---|
| 39,196 | |||
| 2025 £ 4,782 230 4,880 61,641 - |
|||
| 71,533 | |||
| 175,205 |
continued...
Page 11
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2026
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 115,531 TOTAL FUNDS 115,531 Comparatives for movement in funds At 1/4/24 £ Unrestricted funds General fund 178,719 TOTAL FUNDS 178,719 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 154,308 TOTAL FUNDS 154,308 |
Resources Movement expended in funds £ £ (126,199) (10,668) (126,199) (10,668) Net movement At in funds 31/3/25 £ £ 7,154 185,873 7,154 185,873 Resources Movement expended in funds £ £ (147,154) 7,154 (147,154) 7,154 |
Resources Movement expended in funds £ £ (126,199) (10,668) (126,199) (10,668) Net movement At in funds 31/3/25 £ £ 7,154 185,873 7,154 185,873 Resources Movement expended in funds £ £ (147,154) 7,154 (147,154) 7,154 |
|---|---|---|
| 7,154 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/4/24 £ 178,719 178,719 |
Net movement in funds £ (3,514) (3,514) |
At 31/3/26 £ 175,205 |
|---|---|---|---|
| 175,205 |
continued...
Page 12
ENGINEERING INTEGRITY SOCIETY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2026
10. MOVEMENT IN FUNDS - continued
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 11. RELATED PARTY DISCLOSURES |
Incoming resources £ 269,839 269,839 |
Resources Movement expended in funds £ £ (273,353) (3,514) (273,353) (3,514) |
|---|---|---|
There were no related party transactions for the year ended 31 March 2026.
12. CONFERENCES AND EXHIBITIONS
| Gross | ||||
|---|---|---|---|---|
| Title | Income | Expenses | Net Income | |
| £ | £ | £ | ||
| EXHIBITION: Instrumentation, Analysis | ||||
| and Testing | 29.04.25 | 72,796.00 | 49,328.20 | 23,467.80 |
| WEBINAR: Residual Stress | 24.06.25 | 0 | 64.38 | (64.38) |
| EXHIBITION: Advanced Engineering | 11.25 | 9,200.00 | 11,172.89 | (1,972.89) |
| 40th Anniversary Dinner | 11.25 | 1,200.00 | 3,243.19 | (2,043.19) |
| WEBINAR: Hydrogen Adoption Across | ||||
| Industries | 04-05.26 | 40.00 | 576.17 | (536.17) |
| Additional costs for prior events | 0 | 274.00 | (274.00) | |
| Peter Watson Prize | 0 | 1,443.04 | (1,443.04) | |
| EIS40 | 0 | 3,293.77 | (3,293.77) | |
| 83,236.00 | 69,394.64 | 13,841.36 | ||
| ======== | ========= | ========== |
Page 13
ENGINEERING INTEGRITY SOCIETY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026
| INCOME AND ENDOWMENTS Investment income Interest receivable Charitable activities Conference income Corporate membership Personal membership Other income Publishers Licensing Service Legacy credit release Total incoming resources EXPENDITURE Charitable activities Conference costs Bad debts EIS Journal Archive storage costs Sponsorship 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 Carried forward |
2026 £ 2,504 83,236 27,065 697 110,998 76 1,953 2,029 115,531 69,395 652 7,721 511 5,159 83,438 1,323 270 460 7,838 4,670 128 57 220 848 15,814 5,478 21,469 26,947 |
2025 £ 2,921 126,906 21,600 287 |
|---|---|---|
| 148,793 656 1,938 |
||
| 2,594 | ||
| 154,308 99,607 - 5,907 440 3,071 |
||
| 109,025 3,685 383 195 3,485 5,593 131 173 32 291 |
||
| 13,968 3,376 20,568 23,944 |
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 2026
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026 |
||
|---|---|---|
| Governance costs Brought forward Council/committee meetings Total resources expended Net (expenditure)/income |
2026 £ 26,947 - 26,947 126,199 (10,668) |
2025 £ 23,944 217 |
| 24,161 | ||
| 147,154 | ||
| 7,154 |
This page does not form part of the statutory financial statements
Page 15