MEDICAL SCHOOLS COUNCIL
To promote, encourage and develop Medical Schools in the UK and thereby advance education for the public benefit, in particular (but without limitation) medical education, research and training.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £63,290 for the year ended 31 July 2025, with total reserves decreasing from £2,247,668 to £2,184,378. The trustees confirm that unrestricted reserves of £1,386,368 are sufficient to cover 28 months of unrestricted expenditure, which exceeds their stated policy target of 24 months. The auditor confirmed that the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“The number of employees whose emoluments exceeded £60,000 (excluding employer’s pension contributions) was 4 (2024: 3).” — page 34
“The current level of cash balances and target of 24 months of unrestricted expenditure are deemed appropriate”
“The Medical Schools Council is the parent of MSC Assessment Limited, a company limited by guarantee (company number 8578576) and registered with the Charity Commission (number 1153045).” — page 21
Year-over-year changes
- Employees paid over £60,000: 3 (FY2024) → 4 (FY2025).
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Dr Christine Thirlwell
- Dr Diana Eccles
- Dr Faye Gishen
- Dr Margaret Kingston
- Dr Marina Anderson
- Dr Rory McCrimmon
- Dr Sanjiv Ahluwalia
- Dr Scott Wilkes
- Professor Stephen George Riley
- Professor Subrata Sekhar Banerjee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.7m | £2.8m |
| 31/07/2024 | £2.6m | £2.4m |
| 31/07/2023 | £2.2m | £2.1m |
| 31/07/2022 | £1.5m | £1.4m |
| 31/07/2021 | £1.3m | £1.4m |
Common questions
Is MEDICAL SCHOOLS COUNCIL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £63,290 for the year ended 31 July 2025, with total reserves decreasing from £2,247,668 to £2,184,378. The trustees confirm that unrestricted reserves of £1,386,368 are sufficient to cover 28 months of unrestricted expenditure, which exceeds their stated policy target of 24 months. The auditor confirmed that the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £6.5m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £601k |
| THE JORON CHARITABLE TRUST | 1 | £220k |
| Aruna and Ambika Paul Foundation | 1 | £100k |
| The Lord Leonard and Lady Estelle Wolfson Foundation | 1 | £45k |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | 1 | £40k |
| THE EXILARCH'S FOUNDATION | 1 | £22k |
| THE COLT FOUNDATION | 1 | £13k |
Charities like this
- ACADEMY OF MEDICAL EDUCATORS
- MERSEY SCHOOL OF ANAESTHESIA
- THE ROYAL SOCIETY OF MEDICINE
- THE NORTH STAFFORDSHIRE MEDICAL INSTITUTE LIMITED
- GENERAL MEDICAL COUNCIL
- ASSOCIATION OF MEDICAL RESEARCH CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MEDICAL SCHOOLS COUNCIL | £2.7m | — | 4 | above | — | no doubt |
| ACADEMY OF MEDICAL EDUCATORS | £337k | — | 0 | unclear | — | no doubt |
| MERSEY SCHOOL OF ANAESTHESIA | £418k | — | 0 | unclear | — | no doubt |
| THE ROYAL SOCIETY OF MEDICINE | £13.7m | — | — | above | 48.0% | no doubt |
| THE NORTH STAFFORDSHIRE MEDICAL INSTITUTE LIMITED | £474k | — | 0 | within | — | no doubt |
| GENERAL MEDICAL COUNCIL | £167.5m | — | — | unclear | — | no doubt |