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Further detail behind each of this year’s proposed resolutions
Ordinary Resolutions
Resolution 1
To receive the budget for the forthcoming financial year of the Company and to approve the Subscription for the year, as proposed by the Board.
To view the NACFB Annual Finance report 2025, click here.
Subscriptions for 2026: In 2025, Member fees were held at the previous year’s level. Like most organisations, the Association has been impacted by inflationary pressures and the rise in employers’ NICs. An increase in fees is recommended for 2026. The increase in membership fees equates to approximately 5%, remaining below the rate of inflation over the two-year period.
Membership fees will increase from £68.75 per month to £72.25 per month. Registered Individual (RI) fees will increase from £23.75 per month to £24.75 per month, with RI fees for the largest firms increasing from £18.75 per month to £19.75 per month. Patron fees will rise from £6,300 per annum to £6,800 per annum, with supplier Partner fees aligned at the same level.
Resolution 2
To appoint UHY Hacker Young as the auditors for the financial year ending 31st December 2025 and to authorise the Directors to determine their remuneration.
Appointment of Auditors: The board has considered the appointment of auditors for the forthcoming year, and has taken into consideration whether auditor rotation would be appropriate. Whilst UHY Hacker Young LLP have been engaged since the financial year ending 31st December 2016, the board did not consider it necessary to tender to alternative audit firms at this stage.
Register to attend
The 2025 Annual General Meeting of the Company will be virtually live streamed from 3:30pm on Tuesday 18th November 2025. All full NACFB Members are invited to attend the virtual AGM by registering for the live event using the button below.
