LONDON INSTITUTE FOR MATHEMATICAL SCIENCES
LIMS invites its scientists to participate in high-risk, high-payoff research in fundamental, difficult or emerging branches of science. In addition to its full-time members, LIMS at present also offers part-time employment to scientists. Through the provision of funds and a suitable working environment, LIMS scientists regularly publish papers in the world's leading research journals.
Financial health, per its FY2024 accounts
The accounts state that the Institute reported a net deficit of £1,353,160 for the year ended 30 December 2024, resulting in total funds being in deficit by £781,339. The Trustees consider the Institute to be a going concern, citing a network of high-net-worth donors and a proven fundraising team as support for future financial stability.
What the accounts disclose
“Our reserves policy is to maintain reserves of at least 20% of our annual expenditure, which roughly equates to £400,000.”
“Mr Florian Schuster (a Trustee) made a short-term interest-free loan of £50,000 to the Institute in July 2024; this was repaid in August 2024.” — page 45
“Mr Martin Reeves (a Trustee) is Chair of Boston Consulting Group Henderson Institute and a Senior Partner and Managing Director of Boston Consulting Group (BCG). During the year, the Institute received £39,306 from BCG for writing joint research projects, lecturing on 'The Imagination Machine' and hosting a dinner at the Royal Institution in London (2023: £4,064).” — page 45
“Mr Florian Schuster (a Trustee) made a short-term interest-free loan of £50,000 to the Institute in July 2024; this was repaid in August 2024.” — page 45
“Mr Martin Reeves (a Trustee) is Chair of Boston Consulting Group Henderson Institute and a Senior Partner and Managing Director of Boston Consulting Group (BCG). During the year, the Institute received £39,306 from BCG for writing joint research projects, lecturing on 'The Imagination Machine' and hosting a dinner at the Royal Institution in London (2023: £4,064).” — page 45
“Mr Florian Schuster (a Trustee) made a short-term interest-free loan of £50,000 to the Institute in July 2024; this was repaid in August 2024.” — page 45
“Mr Martin Reeves (a Trustee) is Chair of Boston Consulting Group Henderson Institute and a Senior Partner and Managing Director of Boston Consulting Group (BCG). During the year, the Institute received £39,306 from BCG for writing joint research projects, lecturing on 'The Imagination Machine' and hosting a dinner at the Royal Institution in London (2023: £4,064).” — page 45
“Mr Florian Schuster (a Trustee) made a short-term interest-free loan of £50,000 to the Institute in July 2024; this was repaid in August 2024.” — page 45
“Mr Martin Reeves (a Trustee) is Chair of Boston Consulting Group Henderson Institute and a Senior Partner and Managing Director of Boston Consulting Group (BCG). During the year, the Institute received £39,306 from BCG for writing joint research projects, lecturing on 'The Imagination Machine' and hosting a dinner at the Royal Institution in London (2023: £4,064).” — page 45
“Mr Florian Schuster (a Trustee) made a short-term interest-free loan of £50,000 to the Institute in July 2024; this was repaid in August 2024.” — page 45
“Mr Martin Reeves (a Trustee) is Chair of Boston Consulting Group Henderson Institute and a Senior Partner and Managing Director of Boston Consulting Group (BCG). During the year, the Institute received £39,306 from BCG for writing joint research projects, lecturing on 'The Imagination Machine' and hosting a dinner at the Royal Institution in London (2023: £4,064).” — page 45
Funders the charity credits
- BCG
- bit.bio
- Cancer Research UK
- Coefficient Giving
- Cognia AI
- DARPA
- DTRA
- Edward Harvist Trust
- European Home Affairs
- EU Innovation Council
- 7th Framework
- Garfield Weston
- Horizon 2020
- Khodorkovsky Fdn
- Leverhulme Trust
Structured financials (annual return, FY ending 30/12/2024)
Trustees
- DR THOMAS MILLAR ANTHONY FINK PH.D.chair
- Ben Peter Delo
- Florian Schuster
- Martin Reeves
- Talulah Brodi-Sangster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/12/2024 | £907k | £2.3m |
| 30/12/2023 | £3.1m | £1.9m |
| 31/12/2022 | £910k | £941k |
| 31/12/2021 | £671k | £831k |
| 31/12/2020 | £535k | £423k |
Common questions
Is LONDON INSTITUTE FOR MATHEMATICAL SCIENCES financially healthy?
Per its FY2024 accounts: The accounts state that the Institute reported a net deficit of £1,353,160 for the year ended 30 December 2024, resulting in total funds being in deficit by £781,339. The Trustees consider the Institute to be a going concern, citing a network of high-net-worth donors and a proven fundraising team as support for future financial stability. Its FY2024 accounts were independently examined.
Who funds LONDON INSTITUTE FOR MATHEMATICAL SCIENCES?
Funders whose own accounts filings name LONDON INSTITUTE FOR MATHEMATICAL SCIENCES as a grant recipient include EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE), THE ROSE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | FY2022 | £5k | Staff Sala nj cost 2021 |
| THE ROSE FOUNDATION | FY2024 | £5k |