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

GESGB

Registered charity 1085619 · accounts filings on the Charity Commission register · also known as Geoscience Energy Society of Great Britain, PESGB, PETROLEUM EXPLORATION SOCIETY OF GREAT BRITAIN

To advance, for the public benefit, education in the scientific and technical aspects of subsurface energy and related technologies. This is achieved by variety of means: sponsorships of students studying earth sciences, monthly lectures, conferences and seminars, field trips, member communications, special interest groups, regional branches

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£463k
Latest spending
£560k
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net loss of £27,593 for the year ended 31 December 2025, driven by a decline in membership and conference attendance. Despite the loss, the charity holds unrestricted reserves of £692,529, which the trustees consider sufficient to meet its stated reserves policy target of £1,000,000 in the future, although current reserves are below that target. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £1,000,000 (held: £693k)
“The sum estimated to cover both eventualities is set at £1,000,000.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — GESGB (matched by registered charity number).

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

Total income
£877k
Total spending
£883k
Cost of raising funds
£612k
Reserves (reported)
£615k
Employees
6

Reported reserves equal ~8.4 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (72% 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: 69.8% of total income — above the 90th percentile for charities its size (median 2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£463k£560k
31/12/2024£877k£883k
31/12/2023£670k£614k
31/12/2022£521k£444k
31/12/2021£773k£583k

Common questions

Is GESGB financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net loss of £27,593 for the year ended 31 December 2025, driven by a decline in membership and conference attendance. Despite the loss, the charity holds unrestricted reserves of £692,529, which the trustees consider sufficient to meet its stated reserves policy target of £1,000,000 in the future, although current reserves are below that target. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ENERGY INSTITUTE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
GESGB£463k——unclear—no doubt
ENERGY INSTITUTE FY2025£11.0m——unclear—no doubt
The Gemmological Association of Great Britain FY2025£3.3m£100,001 - £110,000—within—no doubt
SOCIETY OF PETROLEUM ENGINEERS EUROPE LIMITED FY2025£4.1m£110,000 - £119,999—above—no doubt
SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD FY2025£3.1m——below—no doubt
THE GEOLOGISTS' ASSOCIATION FY2024£326k—0above—no doubt

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