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FUNGAL BIOLOGY LIMITED

Registered charity 1119654 · accounts filings on the Charity Commission register · also known as SOCIETY FOR FUNGAL BIOLOGY

Provides administrative and logistical support to the British Mycological Society and its members.

Causes: Education/training · Environment/conservation/heritage · website · Get email alerts

Latest income
£50k
Latest spending
£50k
Registered
2007
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity is being closed and its operations transferred to its sister charity, with financial statements prepared on a basis other than going concern. Per the trustees' report, the charity holds no reserves of its own, with closing reserves amounting to just £1. The charity's activities are fully funded by recharging costs to the British Mycological Society on a full cost recovery basis.

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

What the accounts disclose

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)
“Post year end the Trustees have approved a decision to transfer the activities of Fungal Biology Limited to its sister charity BMS and to close down Fungal Biology Limited. Therefore, the accounts have been prepared on a basis other than going concern.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£50k£50k
31/12/2023£56k£56k
31/12/2022£49k£49k
31/12/2021£42k£42k
31/12/2020£25k£25k

Common questions

Is FUNGAL BIOLOGY LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity is being closed and its operations transferred to its sister charity, with financial statements prepared on a basis other than going concern. Per the trustees' report, the charity holds no reserves of its own, with closing reserves amounting to just £1. The charity's activities are fully funded by recharging costs to the British Mycological Society on a full cost recovery basis. Its FY2024 accounts were independently examined.