ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS
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.
Trustees
- Professor Anthony M J Bullchair
- Professor Alicia El Haj
- Professor Hazel RC Screen
- Professor Vanessa Diaz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |
| BJU INTERNATIONAL | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |