AwardsEntrants must demonstrate their achievement of technicalexcellence in construction by illustrating the compositionof ideas put into practice and presented in a workingformat. The 2010 results were:Benoy for Ferrari World, Abu DhabiDarnton EGS Ltd for Marks and Spencer, LiverpoolArun Thanuja MCIAT, Woods Hardwick Architects for thePartis Building, Milton KeynesEntrants must demonstrate their achievement of technicalexcellence in construction by illustrating the composition ofideas put into practice and presented in a working format,for projects valued £500k or under. The 2010 results were:Andre Bisson MCIAT, A7 Design for Le Corsaire, GuernseyRichard Jack MCIAT, Highlands Council, for Highland Classroom, Fort Augustus. Scott Kyson MCIAT of Kyson for Cadogan Terrace, LondonStudents must demonstrate their achievement of technicalexcellence by illustrating the composition of ideas put intopractice and taken from a project whilst studying. All entrants must be student members of CIAT. The 2010results were:Joanne Hopper for Interpretation Centre, University of WalesInstitute, CardiffOsama Naji ACIAT for Marine Habitat Project, Anglia RuskinUniversityJason Etienne ACIAT for Shirebrook Academy, Sheffield Hallam UniversityThis Award recognises Chartered Members of CIAT whohave demonstrated an outstanding service or commitmentto the Institute, industry or Region/Centre. In 2010 theAward went to:MCIATPCSAAT MCIATPCSAAT HonMCIAT MCIAT6Ferrari World, Abu DhabiLe Corsaire, GuernseyInterpretation Centre

This Annual Review document contains summarised financialinformation for the year to 30 April 2011. The detailed Report andAccounts is a separate document. To request a copy, pleasecontact Les Bourne, Operations Director, at CIAT Central Office.CIAT is a non-profit making company, limited by Royal Charter,and any surplus (or deficit) of income in relation to expenditure,described as 'profit' (or 'loss') for statutory accounts purposes, isreflected in the net assets of the Institute. The accounts show a modest deficit for the year but the Instituteremains in a strong financial position. The economic downturnhad an effect on income but expenditure was managed to avoidaffecting essential Institute work.The deficit was £31,449 compared to a profit of £28,031 in theprevious year. The revised balance sheet surplus (net worth) is£1,127,602.Of CIAT's two subsidiary companies, Architectural TechnologyServices Limited (ATSL) showed a deficit of £29,890 due to aspecial project being financed from reserves, and CIAT Registers Limited (CRL) showed a small profit of £12. The Institute's main income, from membership subscriptions, was £891,478 (2010 -£896,103). Total income was £941,224 including bank deposit interest, and administrative expenses amounted to £970,208. Agrant of £44,000 was made to ATSL. The deficit £31,449 includes the ATSL deficit of £29,890. Thedeficit as detailed was approved by Council to fund special projectsprimarily the films.£4,500 was donated to the Architects Benevolent Society in linewith the Institute's policy of support for this worthy cause. ABSassists architecture professionals (including CIAT members) andtheir families where hardship is suffered due to illness, accident,bereavement or other misfortune. Further donations are plannedon an annual basis. The Executive Board, Council and the Finance Committee remaincommitted to the use of prudent accounting procedures, control ofcosts and the most productive use of income possible. Measuresare being taken pro -actively to ensure that recessionary pressureis taken into account in the Institute's budget management.The dedication of the Chief Executive and the team at City Road,and of the Institute's Auditors, Messrs Coulthards Mackenzie, areacknowledged in ensuring the successful administration of itsfinancial objectives. It is the Institute's policy to follow best practice accounting in thepreparation of its annual review and Summary Financial Statementsin accordance with its Royal Charter.The Institute's City Road freehold premises were last revalued inApril 2010 and the figure in the accounts remains at £545,000. The financial statements were approved by Council on 3 September2011 and signed on its behalf by B Le Beuvant, Chairman.We have examined the summary financial statements for the yearended 30 April 2011, which comprise the summary profit and lossaccount and summary balance sheet. This report is made solely tothe Institute's members, as a body. Our audit work has beenundertaken so that we might state to the Institute's members thosematters we are required to state to them in an auditors' report andfor no other purpose. To the fullest extent permitted by law, we donot accept or assume responsibility to anyone other than theInstitute and the Institute's members as a body, for our audit work,for this report, or for the opinions we have formed.The Executive Board is responsible for preparing the annual reviewand the summary financial statements. Our responsibility is to report to you our opinion on the consistency of the summary financial statements within the annual report with the full annualfinancial statements. We also read the other information containedin the annual report and consider the implications for our report ifwe become aware of any apparent misstatements or material inconsistencies with the summary financial statements.We conducted our audit in accordance with Bulletin 2008/3 issuedby the Auditing Practices Board. Our report on the full auditedfinancial statements describes the basis of our opinions on thosefinancial statements.In our opinion, the summary financial statements are consistentwith the full financial statements for the year ended 30 April 2011.????CIAT????Summary????Profit????and????Loss????Account????for????the????year????ended????30????April????2011????????Year toYear to30 April30 April20112010££Income 929,442 934,130Administrative Expenses (970,208) (908,784)Other Operating Income 11,782 3 ,363(Loss)/Profit on Ordinary Activities Before Taxation (28,984) 28,709Taxation (2,465) (678)(Loss)/Profit on Ordinary Activities After Taxation Being the (Loss)/Profit for the Financial Year (31,449) 28,031????CIAT????Summary????Balance????Sheet????????at????30????April????2011????????30 April 201130 April 2010££Tangible Assets and Investments 548,914 552,098Current Assets 741,376 809,047Current Liabilities (162,688) (202,066)Net Assets 1,127,602 1,159,079Capital and Reserves 1,127,602 1,159,079????Summary financial statementsSummary of accounts 7