THE FACULTY OF PHARMACEUTICAL MEDICINE OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM
Setting and maintaining standards in pharmaceutical medicine for the benefit of the public
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £6,277 for the year, a significant improvement from the £45,707 loss in the previous year, driven by an unrestricted operating gain of £125,779. Total funds increased to £800,370, comprising £749,316 in unrestricted funds and £51,054 in restricted funds. The trustees confirm adequate resources exist to continue operations for the next twelve months.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: In the band £70,001 - £80,000 2024 No. 2” — page 43
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: In the band £70,001 - £80,000 2024 No. 2” — page 43
“In 2024 the proportion of income received relating to education and standards (including the designated body) was 65% (2023: 72%)” — page 20
“The current level represents 2.9 months operating costs based upon budgeted expenditure for 2024 of £2,238,367.”
“FPM pays an annual membership subscription to the AoMRC, which for 2024 was £20,491.” — page 24
“Three trustees (2023: four trustees) received remuneration in the year of £4,510 (2023: £14,020) including VAT where applicable for providing services in relation to revalidation appraisals.” — page 24
“FPM pays an annual membership subscription to the AoMRC, which for 2024 was £20,491.” — page 24
“Three trustees (2023: four trustees) received remuneration in the year of £4,510 (2023: £14,020) including VAT where applicable for providing services in relation to revalidation appraisals.” — page 24
Year-over-year changes
- Top pay band moved from £70,000 - £79,999 (FY2023) to £70,001 - £80,000 (FY2024).
- Employees paid over £60,000: 1 (FY2023) → 2 (FY2024).
Leadership, per the charity’s website
- Marcia Philbin — Chief Executive
- William Booth — Deputy Chief Executive
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALASTAIR MCCAPRA
- Andrew Kennedy
- Dr Emma Harvey
- Dr Frank Armstrong
- Dr Jina Swartz
- Dr Karen Mullen
- Dr Marc Watson
- Dr Rajendra Seeruthun
- Dr Sheuli Rebecca Ferguson
- Dr Stephen Huang
- Dr Stuart Sweeney
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.2m | £2.2m |
| 31/12/2023 | £2.1m | £2.2m |
| 31/12/2022 | £1.8m | £2.0m |
| 31/12/2021 | £1.8m | £1.8m |
| 31/12/2020 | £1.6m | £1.5m |
Common questions
Is THE FACULTY OF PHARMACEUTICAL MEDICINE OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £6,277 for the year, a significant improvement from the £45,707 loss in the previous year, driven by an unrestricted operating gain of £125,779. Total funds increased to £800,370, comprising £749,316 in unrestricted funds and £51,054 in restricted funds. The trustees confirm adequate resources exist to continue operations for the next twelve months. Its FY2024 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of THE FACULTY OF PHARMACEUTICAL MEDICINE OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GAMBLEAWARE | 1 | £351k |
| SIR HALLEY STEWART TRUST | 1 | £30k |
Charities like this
- THE ROYAL COLLEGE OF PHYSICIANS OF LONDON
- BRITISH PHARMACOLOGICAL SOCIETY
- FACULTY OF PUBLIC HEALTH OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM
- THE COMMONWEALTH PHARMACISTS ASSOCIATION
- THE FACULTY OF FORENSIC & LEGAL MEDICINE OF THE ROYAL COLLEGE OF PHYSICIANS
- THE ROYAL COLLEGE OF GENERAL PRACTITIONERS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FACULTY OF PHARMACEUTICAL MEDICINE OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM | £2.2m | £70,001 - £80,000 | 2 | below | — | no doubt |
| THE ROYAL COLLEGE OF PHYSICIANS OF LONDON | £44.4m | — | — | above | — | no doubt |
| BRITISH PHARMACOLOGICAL SOCIETY | £9.9m | £120,001 - £130,000 | — | above | — | no doubt |
| FACULTY OF PUBLIC HEALTH OF THE ROYAL COLLEGES OF PHYSICIANS OF THE UNITED KINGDOM | £2.5m | — | — | unclear | — | no doubt |
| THE COMMONWEALTH PHARMACISTS ASSOCIATION | £1.7m | £60,001 - £70,000 | 2 | unclear | — | no doubt |
| THE FACULTY OF FORENSIC & LEGAL MEDICINE OF THE ROYAL COLLEGE OF PHYSICIANS | £1.0m | — | 0 | unclear | — | no doubt |