THE PALAEONTOLOGICAL ASSOCIATION
To support the science of palaeontology and related subjects by publication of original research, by the holding of meetings, by the award of grants, and by such other means as the trustees may determine from time to time
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £951,121, which exceeds its stated policy target of maintaining reserves sufficient to fund at least one year’s expenditure. The charity reports a net income of £84,949 for the year and confirms there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Association maintains a minimum of General Fund reserves at a level sufficient to fund at least one year’s expenditure, based on a three-year average of expenditure, in addition to Designated Fund reserves.” — page 9
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (12/09/2017)
Trustees
- Dr Alan Richard Tozer Spencer
- Dr Darja Dankina
- Dr Harriet Bethany Drage
- Dr IMRAN ALEXANDER RAHMAN
- Dr Joseph Neil Keating
- Dr Laura Beatriz Porro
- Dr Luke Alexander Parry
- Dr Martin Ross Smith
- Dr Michelle Renae Stocker
- Dr Miriam Andrea Slodownik
- Dr Nidia Alvarez-Armada
- Dr PAUL SCHROEDER-WINROW
- Dr Richard Peter Dearden
- Dr Thomas George Clements
- Prof. Daniela Natalie Schmidt
- Professor Barry Harvey Lomax
- Professor Crispin Thomas Stephen Little
- Professor Michael James Benton OBE FRS
- Professor Philip Conrad James Donoghue FRS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £589k | £546k |
| 31/12/2023 | £465k | £485k |
| 31/12/2022 | £394k | £487k |
| 31/12/2021 | £399k | £346k |
| 31/12/2020 | £405k | £361k |
Common questions
Is THE PALAEONTOLOGICAL ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £951,121, which exceeds its stated policy target of maintaining reserves sufficient to fund at least one year’s expenditure. The charity reports a net income of £84,949 for the year and confirms there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DAVID FAMILY FOUNDATION | 1 | £8k |
| M J CAMP CHARITABLE FOUNDATION | 1 | £1k |
Charities like this
- ASSOCIATION FOR THE STUDY OF ANIMAL BEHAVIOUR LIMITED
- ANATOMICAL SOCIETY
- THE GEOLOGISTS' ASSOCIATION
- QUATERNARY RESEARCH ASSOCIATION
- SEFTON PARK PALM HOUSE PRESERVATION TRUST
- FRESHWATER BIOLOGICAL ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PALAEONTOLOGICAL ASSOCIATION | £589k | — | 0 | unclear | — | no doubt |
| ASSOCIATION FOR THE STUDY OF ANIMAL BEHAVIOUR LIMITED | £675k | — | 0 | unclear | — | no doubt |
| ANATOMICAL SOCIETY | £1.7m | — | 0 | unclear | — | no doubt |
| THE GEOLOGISTS' ASSOCIATION | £326k | — | 0 | above | — | no doubt |
| QUATERNARY RESEARCH ASSOCIATION | £124k | — | 0 | unclear | — | no doubt |
| SEFTON PARK PALM HOUSE PRESERVATION TRUST | £981k | £60,001 - £70,000 | 1 | unclear | — | no doubt |