THE BRITISH SOCIETY OF AUDIOLOGY
Latest income
£133k
Latest spending
£90k
Registered
2011
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity maintained a healthy financial position with total net assets of £311,597 and a small unrestricted surplus of £742 for the year. The trustees report that the financial base is stable, secured by three years of conservative financial practice, allowing for continued investment in membership benefits.
What the accounts disclose
Reserves policy: 6 months operating costs (held: £278k)
“The Trustees believe that the level of liquid reserves should be the equivalent of 6 months operating costs.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Joint venture with ISA and NAS for International Journal of Audiology; royalties paid to charity.
“The charity has a third share of a joint venture IJA (International Journal of Audiology) Council. The net income of IJA is paid as an annual royalty split equally between the three owners. This year the royalties payable to the charity amounted to £38,855 (2023 - £45,466). At the year end £15,739 was included as accrued income (2023-£Nil)” — page 24
“to Fitwise Management Ltd who this year performed all of our PA, membership, administration, bookkeeping and marketing activities at a cost of £63.8k compared to £52.7k last year.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Management services provided by Fitwise Management Ltd, a connected entity (trustees work with Fitwise).
“The charity has a third share of a joint venture IJA (International Journal of Audiology) Council. The net income of IJA is paid as an annual royalty split equally between the three owners. This year the royalties payable to the charity amounted to £38,855 (2023 - £45,466). At the year end £15,739 was included as accrued income (2023-£Nil)” — page 24
“to Fitwise Management Ltd who this year performed all of our PA, membership, administration, bookkeeping and marketing activities at a cost of £63.8k compared to £52.7k last year.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (05/03/2013)
- Received assets from another charity (05/03/2013)
Trustees
- Christine DePlacido CD
- Dawn Saunders
- Diya Vaid DV
- Dr Gabrielle Saunders GS
- Dr Garreth Prendergast
- Dr Helen Nuttall
- Dr Joanna Lemanska JL
- Dr Priya Carling PC
- Dr Richard Windle RW
- Dr Roulla Katiri
- Jane Wild JW
- Matthew Evans
- Ned Carter ND
- Nilesh Parekh NP
- Rosalyn Parker
- Rosemary Ann Mayer RM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £133k | £90k |
| 31/03/2024 | £111k | £120k |
| 31/03/2023 | £118k | £82k |
| 31/03/2022 | £121k | £82k |
| 31/03/2021 | £117k | £81k |
Common questions
Is THE BRITISH SOCIETY OF AUDIOLOGY financially healthy?
The accounts state that the charity maintained a healthy financial position with total net assets of £311,597 and a small unrestricted surplus of £742 for the year. The trustees report that the financial base is stable, secured by three years of conservative financial practice, allowing for continued investment in membership benefits. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BJU INTERNATIONAL | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |