BRITISH SOCIETY OF BLOOD AND MARROW TRANSPLANTATION AND CELLULAR THERAPY
To promote education and research in blood and marrow stem cell transplantation and cellular therapy in the UK and Republic of Ireland.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £452,813, which is below the trustees' stated policy target of maintaining six months of operational expenditure. The trustees report that income has remained relatively flat while costs rise, creating a dependency on securing diversified funding to sustain future activities.
What the accounts disclose
“The policy of the trustees is to maintain a level of reserves that is sufficient to continue the operation of the charity's activities for six months enabling the Trustees to meet all known financial commitments and achieve a well-managed closure in the event of unforeseen changes in funding circumstances.” — page 14
“Sufficient and sustainable funding is a prerequisite for the society's survival and success. Static income limits the society's ability to pursue new opportunities and constrains its ability to expand and improve its current offer to meet members' needs.” — page 14
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Deborah Susan Richardson
- Dr Fiona Dignan
- Dr Harpreet Kaur
- Dr Victoria Potter
- Prof Eduardo Olavarria
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £541k | £533k |
| 31/12/2023 | £394k | £460k |
| 31/12/2022 | £376k | £425k |
| 31/12/2021 | £342k | £394k |
| 31/12/2020 | £388k | £335k |
Common questions
Is BRITISH SOCIETY OF BLOOD AND MARROW TRANSPLANTATION AND CELLULAR THERAPY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £452,813, which is below the trustees' stated policy target of maintaining six months of operational expenditure. The trustees report that income has remained relatively flat while costs rise, creating a dependency on securing diversified funding to sustain future activities. Its FY2024 accounts were independently examined.