MSC ASSESSMENT

Registered charity 1153045 · accounts filings on the Charity Commission register

The Objects of the Charity are to advance medical education for the benefit ofthe public including, without limitation, by the preparation, validation,accreditation, conduct and administration of any tests, examinations or othersystems of assessing, evaluating and recording any aspect of medicaleducation and training.

Causes: Education/training · Get email alerts

Latest income
£201k
Latest spending
£207k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £6,152 for the year ended 31 July 2025, resulting in a decrease in unrestricted funds to £646,578. The trustees confirm that reserves levels are in line with policy, representing 37 months of expenditure, and are satisfied that sufficient funds are available to meet current commitments. The independent auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: ensure that sufficient funds are available to meet current commitments, and any exceptional expenditure and to develop plans to scale up as plans evolve to deliver the UK Medical Licensing Assessment (held: £647k)
“The policy is to ensure that sufficient funds are available to meet current commitments, and any exceptional expenditure and to develop plans to scale up as plans evolve to deliver the UK Medical Licensing Assessment” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: One Trustee was employed by Universities UK as an Academic Applied Knowledge Test Lead and costs were reimbursed by the Medical Schools Council. Costs including pension contributions and employers’ national insurance were £27,741 (2024: £27,391).
“One Trustee was employed by Universities UK as an Academic Applied Knowledge Test Lead and costs were reimbursed by the Medical Schools Council. Costs including pension contributions and employers’ national insurance were £27,741 (2024: £27,391).” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2021)

Total income
£513k
Total spending
£471k
Reserves (reported)
£623k
Employees
4

Reported reserves equal ~15.9 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

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
31/07/2025£201k£207k
31/07/2024£203k£246k
31/07/2023£291k£264k
31/07/2022£498k£453k
31/07/2021£513k£471k

Common questions

Is MSC ASSESSMENT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £6,152 for the year ended 31 July 2025, resulting in a decrease in unrestricted funds to £646,578. The trustees confirm that reserves levels are in line with policy, representing 37 months of expenditure, and are satisfied that sufficient funds are available to meet current commitments. The independent auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by HaysMac LLP.