LONDON PETROPHYSICAL SOCIETY
The purpose of this organisation is to promote for the public benefit, education and knowledge in the scientific and technical aspects of formation evaluation.
Financial health, per its FY2024 accounts
The accounts state that the charity made a small surplus of £460 for the year ended 31st December 2024, with unrestricted funds carried forward totaling £43,895. The trustees report that the society has a healthy level of reserves and no staff were employed during the year, with all executive committee members receiving no remuneration.
What the accounts disclose
“Corporate sponsorship income was received from thirteen companies in 2024, which is very important to the society and provides the main income.” — page 3
Trustees
- Alina Khmelevskayachair
- Andrew Towers Mynors
- IAN DRAPER
- JACK WILLIS
- Joanna Hansford
- Melissa Johansson
- Mohamed Nour
- Oliver Tallon
- Philip Gibbons
- Sherif Farag
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31k | £30k |
| 31/12/2023 | £29k | £28k |
| 31/12/2022 | £22k | £21k |
| 31/12/2021 | £3k | £4k |
| 31/12/2020 | £20k | £12k |
Common questions
Is LONDON PETROPHYSICAL SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity made a small surplus of £460 for the year ended 31st December 2024, with unrestricted funds carried forward totaling £43,895. The trustees report that the society has a healthy level of reserves and no staff were employed during the year, with all executive committee members receiving no remuneration. Its FY2024 accounts were independently examined.