Charity Accounts Intelreading the accounts so you don’t have to

INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE

Registered charity 1047999 · accounts filings on the Charity Commission register · also known as I P E M

IPEM promotes physics and engineering applied to medicine and biology by organising scientific meetings; developing educational materials for specialists and the public; accrediting people, courses and training centres; publishing reports and journals promoting scientific knowledge and best practice; encouraging research and innovation; developing and maintaining professional standards.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.8m
Latest spending
£2.8m
Registered
1995
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £914,896 for the year ended 31 December 2024, driven by significant strategic investments in infrastructure and staffing that have taken longer to yield benefits than planned. Despite the deficit, the charity holds free reserves of £1,645,124, which exceeds its stated target operating reserve of £1,100,000, and the trustees remain confident in its ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — in the top quarter for charities its size (median £70k)
“In the band £100,001 - £110,000” — page 46
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Journal income (48% of income)
“Journal income 855,582”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £1,100,000 (held: £1.6m)
“Following a review in 2023, the Trustees confirmed a Target Operating Reserve of £1,100,000” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction with IPEM Enterprises Limited (IEL)
“IPEM Enterprise Limited (IEL) is a wholly owned subsidiary of IPEM. In 2024 the Charity received income of £31,052 from IEL (2023: £27,930) and had an outstanding debtor balance at the end of 2024 of £3,085 (2023: £2,876).” — page 58
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: IPEM Enterprises Limited
“IPEM consists of two main entities: the charity itself and its trading subsidiary, IPEM Enterprises Ltd (IEL).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by BHP LLP. Discloses 5 of 6 completeness components.

Corporate structure

IPEM ENTERPRISES LIMITED — per its own Companies House accounts
  • 3086000

Public fundraising profile: JustGiving — Institute of Physics and Engineering in Medicine UK (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.8m
Total spending
£2.8m
Cost of raising funds
£20k
Reserves (reported)
£1.6m
Employees
29

Reported reserves equal ~7.0 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.8m£2.8m
31/12/2023£1.8m£1.9m
31/12/2022£1.6m£1.6m
31/12/2021£1.7m£1.3m
31/12/2020£1.6m£1.3m

Common questions

Is INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £914,896 for the year ended 31 December 2024, driven by significant strategic investments in infrastructure and staffing that have taken longer to yield benefits than planned. Despite the deficit, the charity holds free reserves of £1,645,124, which exceeds its stated target operating reserve of £1,100,000, and the trustees remain confident in its ability to continue as a going concern. Its FY2024 accounts were audited by BHP LLP.

What does the highest-paid employee of INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE earn?

Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JORDAN CHARITABLE FOUNDATION1£1.2m
THE THOMPSON FAMILY CHARITABLE TRUST1£601k
GARFIELD WESTON FOUNDATION1£500k
THE JORON CHARITABLE TRUST1£220k
Aruna and Ambika Paul Foundation1£100k
The Lord Leonard and Lady Estelle Wolfson Foundation1£45k
THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST1£40k
REES JEFFREYS ROAD FUND1£40k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE£1.8m£100,001 - £110,000—unclear—no doubt
THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT FY2024£1.2m—2above—no doubt
THE INSTITUTION OF ENGINEERING AND TECHNOLOGY FY2024£64.1m——unclear—no doubt
THE INSTITUTION OF MECHANICAL ENGINEERS FY2024£31.9m——unclear—no doubt
New Model Institute for Technology and Engineering FY2025£5.6m——below—no doubt
ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS FY2024£110k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.