ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS

Registered charity 1191005 · accounts filings on the Charity Commission register · also known as BIOMEDENG

Latest income
£110k
Latest spending
£64k
Registered
2020
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's closing balance as of 31 December 2024 was £135,468.23, with an expected additional donation of 75% of the conference profit from Queen Mary University of London. The trustees report that the core income is generated from membership dues and event proceeds, with no funds reported in deficit.

What the accounts disclose

Related-party transaction: QMUL incurred expenses and will donate 75% of conference profit to the Association.
However, at this time, the Association has received most of the conference income and QMUL incurred most of the expense. This is to be reconciled early in 2025, but initial figures indicate that there is an overall conference profit of around £47,289.17 and QMUL will generously donate 75% of this to the Association.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£110k£64k
31/12/2023£73k£78k
31/12/2022£85k£3k
31/12/2021£13k£1k

Common questions

Is ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS financially healthy?

The accounts state that the charity's closing balance as of 31 December 2024 was £135,468.23, with an expected additional donation of 75% of the conference profit from Queen Mary University of London. The trustees report that the core income is generated from membership dues and event proceeds, with no funds reported in deficit. Its FY2024 accounts were independently examined.

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