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MEDICAL SCHOOLS COUNCIL

Registered charity 1155370 · accounts filings on the Charity Commission register

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Latest income
£2.7m
Latest spending
£2.8m
Registered
2014
Accounts read
FY2025

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

Employees paid over £60,000: 4
“The number of employees whose emoluments exceeded £60,000 (excluding employer’s pension contributions) was 4 (2024: 3).” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 24 months of unrestricted expenditure (held: £1.4m)
“The current level of cash balances and target of 24 months of unrestricted expenditure are deemed appropriate”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: MSC Assessment Limited
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HaysMac LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£2.7m
Total spending
£2.8m
Reserves (reported)
£1.4m
Employees
22

Reported reserves equal ~6.1 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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£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?

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.