Charity Accounts Intelreading the accounts so you don’t have to

WORLD FEDERATION FOR MEDICAL EDUCATION

Registered charity 1209907 · accounts filings on the Charity Commission register · also known as WFME

Established to enhance the quality of medical education worldwide, the World Federation for Medical Education (WFME) works to support healthcare for all through promoting quality medical education for the global physician workforce & prospective students & trainees. Its priorities include the Recognition of Accreditation Programme; World Directory of Medical Schools; WFME standards; & Webinars.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

Latest income
£561k
Latest spending
£604k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a deficit of £43,061 for the year ended 30 April 2025, resulting from total income of £561,428 against expenditure of £604,489. Per the trustees' report, unrestricted reserves stood at £268,924, which is considered below the optimum target range of £162,000-£325,000. The trustees confirm adequate resources exist to continue as a going concern for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Recognition programme (85% of income)
“The majority of income (around 85%) is generated through its Recognition Programmes” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £269k; policy: three to six months of core operating costs, currently estimated at £162,000-£325,000)
“As of 30 April 2025, reserves were £268,924, which the trustees consider below the optimum target range given the charity’s current commitments and funding model.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Professor Ricardo Leon-Borquez and Dr. Genevieve Moineau received honorarium payments of £115,414.
“Professor Ricardo and Dr. Genevieve received honorarium payments from the trust during the current year £115,414 (2024: £152,658).” — page 19
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 30/04/2025)

Total income
£561k
Total spending
£604k
Reserves (reported)
£269k
Employees
0

Reported reserves equal ~5.3 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Anguilla · Antigua And Barbuda · Argentina · Aruba · Australia · Azerbaijan · Bahrain · Barbados · Belarus · Belize · Brazil · Cameroon

Income and spending

Financial year endIncomeSpending
30/04/2025£561k£604k

Common questions

Is WORLD FEDERATION FOR MEDICAL EDUCATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a deficit of £43,061 for the year ended 30 April 2025, resulting from total income of £561,428 against expenditure of £604,489. Per the trustees' report, unrestricted reserves stood at £268,924, which is considered below the optimum target range of £162,000-£325,000. The trustees confirm adequate resources exist to continue as a going concern for the foreseeable future. Its FY2025 accounts were independently examined.