ACADEMY OF MEDICAL SCIENCES
Financial health, per its FY2025 accounts
The accounts state that total incoming resources increased by 35.2% to £27.0 million, while total expenditure rose by 30.8% to £24.8 million, resulting in a net income before investment gains of £2.3 million. The charity holds £21.5 million in total funds, with unrestricted reserves of £13.2 million, which the trustees confirm are sufficient to manage significant business risks and cover potential restructuring costs.
What the accounts disclose
“At its meeting on 12 June 2025 the Finance Committee approved an uplift to the target minimum level of reserves, in terms of General Fund resources to £3.7 million”
“The Directors of the trading subsidiary are the Treasurer, the Executive Director of the Academy, the Academy’s Director of Communications and one independent Director.”
“The Academy has a wholly owned subsidiary company, Academy of Medical Sciences Trading Limited, which was incorporated in England and Wales on 25 February 2010 with registered number 07170258.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- PROFESSOR DAVID JOHN BURN
- Professor Alan Keith Boyd
- Professor Andrew David Morris
- Professor Catherine Williamson
- Professor David Adams
- Professor David Roblin
- Professor Deborah Ashby
- Professor Guy Edward Thwaites
- Professor Helen Irene McShane FMedSci
- Professor James Henderson Naismith
- Professor Judith Elizabeth Allen
- Professor Jugnoo Sangeeta Rahi FMedSci
- Professor Michael G Hanna FMedSci
- Professor Peter JM Openshaw
- Professor Philippa TK Saunders
- Professor Rosalind Louise Smyth CBE
- Professor Shakila Thangaratinam FMedSci
- Professor Sheena Elizabeth Radford
- Professor Sir John Peter Iredale
- Professor Timothy John Aitman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27.0m | £24.8m |
| 31/03/2024 | £20.0m | £18.9m |
| 31/03/2023 | £19.1m | £16.3m |
| 31/03/2022 | £17.7m | £14.2m |
| 31/03/2021 | £14.7m | £14.9m |
Common questions
Is ACADEMY OF MEDICAL SCIENCES financially healthy?
The accounts state that total incoming resources increased by 35.2% to £27.0 million, while total expenditure rose by 30.8% to £24.8 million, resulting in a net income before investment gains of £2.3 million. The charity holds £21.5 million in total funds, with unrestricted reserves of £13.2 million, which the trustees confirm are sufficient to manage significant business risks and cover potential restructuring costs. Its FY2025 accounts were audited by PKF Littlejohn LLP.
Who funds ACADEMY OF MEDICAL SCIENCES?
Funders whose own accounts filings name ACADEMY OF MEDICAL SCIENCES as a grant recipient include THE BRITISH DIABETIC ASSOCIATION, BRITISH HEART FOUNDATION, THE HEALTH FOUNDATION, Arthritis UK, PROSTATE CANCER UK.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BRITISH DIABETIC ASSOCIATION | FY2021 | £184k |
| BRITISH HEART FOUNDATION | FY2024 | £100k |
| THE HEALTH FOUNDATION | FY2021 | £100k |
| Arthritis UK | FY2022 | £97k |
| PROSTATE CANCER UK | FY2024 | £38k |
| PROSTATE CANCER UK | FY2025 | £38k |
| THE JEAN SHANKS FOUNDATION | FY2024 | £25k |
| WELLCOME TRUST | FY2025 | £27 |
| WELLCOME TRUST | FY2025 | £27 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £720k |
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £3k |