THE ROYAL SOCIETY OF MEDICINE
1. Broad range of educational activities/opportunities for doctors, dentists and veterinary surgeons, including students, and for allied healthcare professionals.2. Exchange of information/ideas on medicine, within the health professions and with public opinion.3. Publish medical books, and distance learning materials.4. Maintain one of the largest medical libraries in Europe.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £0.2 million for the year ended 30 September 2025, resulting in a decrease in total reserves from £32.0 million to £31.7 million. Despite the deficit, the trustees confirm the organization has adequate resources to continue as a going concern with £9.6 million in cash and unrestricted general reserves of £4.4 million, which exceed the policy target of six months' unrestricted expenditure.
What the accounts disclose
“The cost of raising funds amounted to 48% of total expenditure (2024: 35%), reflecting the greater weight on conferencing activity in the year.”
“During the year, sales of £1,055k (2024: £1,242k) were made on normal trading terms by RSM Commercial Services Limited to the parent Charity. In addition, RSM Commercial Services Limited made recharges for other services of £nil (2024: £nil) to the Charity and the Charity made recharges of £nil (2024: £nil) to RSM Commercial Services Limited. At 30 September 2025, £2,419k (2024: £3,187k) was owed to RSM Commercial Services Ltd by the Charity.” — page 47
“The RSM’s conferencing and hospitality business is undertaken by its trading company, Royal Society of Medicine Commercial Services Limited (02820374).” — page 23
Leadership, per the charity’s website
- Professor Gillian Leng — President
- Rachel Lambert-Forsyth — CEO
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Register events
- Received assets from another charity (09/07/2018)
Trustees
- Dr Hilary Morris
- Dr Linda Patterson
- Dr Sarah Clarke
- Dr Sian Rees
- Hamish Thomas
- Ian Currie
- Professor Andrew Krentz
- Professor David Oliver
- Professor Gillian Leng
- Professor Margaret Rae
- Professor Paul O'Flynn
- Sanjay Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £13.7m | £14.3m |
| 30/09/2024 | £14.0m | £13.7m |
| 30/09/2023 | £12.2m | £14.6m |
| 30/09/2022 | £10.2m | £12.5m |
| 30/09/2021 | £8.2m | £11.5m |
Common questions
Is THE ROYAL SOCIETY OF MEDICINE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £0.2 million for the year ended 30 September 2025, resulting in a decrease in total reserves from £32.0 million to £31.7 million. Despite the deficit, the trustees confirm the organization has adequate resources to continue as a going concern with £9.6 million in cash and unrestricted general reserves of £4.4 million, which exceed the policy target of six months' unrestricted expenditure. Its FY2025 accounts were audited by BDO LLP.
Who funds THE ROYAL SOCIETY OF MEDICINE?
Funders whose own accounts filings name THE ROYAL SOCIETY OF MEDICINE as a grant recipient include THE THOMPSON FAMILY CHARITABLE TRUST, THE JORON CHARITABLE TRUST, Aruna and Ambika Paul Foundation, The Lord Leonard and Lady Estelle Wolfson Foundation, THE EXILARCH'S FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | FY2023 | £500k | |
| THE JORON CHARITABLE TRUST | FY2024 | £150k | To provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession. |
| THE THOMPSON FAMILY CHARITABLE TRUST | FY2022 | £100k | |
| Aruna and Ambika Paul Foundation | FY2024 | £100k | Educational projects |
| The Lord Leonard and Lady Estelle Wolfson Foundation | FY2022 | £45k | Medical research |
| THE JORON CHARITABLE TRUST | FY2023 | £40k | To provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession. |
| THE JORON CHARITABLE TRUST | FY2022 | £30k | To provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession. |
| THE EXILARCH'S FOUNDATION | FY2022 | £17k | Hospitals, Medical Education and Research |
| THE COLT FOUNDATION | FY2022 | £13k | Student Impact Day |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | FY2025 | £10k | |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | FY2022 | £10k | |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | FY2024 | £10k | |
| THE ALAN AND SHEILA DIAMOND CHARITABLE TRUST | FY2023 | £10k | |
| THE EXILARCH'S FOUNDATION | FY2022 | £5k | University/College |
| THE THOMPSON FAMILY CHARITABLE TRUST | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FREEMASONS' FUND FOR SURGICAL RESEARCH | 1 | £1.4m |
| THE DAVID FAMILY FOUNDATION | 1 | £532k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £75k |
| THE LOLLIPOP FOUNDATION | 1 | £75k |
| ORTHOPAEDIC RESEARCH UK | 1 | £72k |
| THE MCLAIN FOUNDATION LIMITED | 1 | £56k |
| GLOBAL HEALTH PARTNERSHIPS | 1 | £54k |
| THE BRIGHT FUTURE TRUST | 1 | £29k |
Charities like this
- MEDICAL SCHOOLS COUNCIL
- THE ACADEMY OF MEDICAL ROYAL COLLEGES
- DOCTORS IN DISTRESS
- THE MEDICAL SOCIETY OF LONDON
- THE BRITISH BLOOD TRANSFUSION SOCIETY
- ROYAL COLLEGE OF SURGEONS OF ENGLAND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL SOCIETY OF MEDICINE | £13.7m | — | — | above | 48.0% | no doubt |
| MEDICAL SCHOOLS COUNCIL | £2.7m | — | 4 | above | — | no doubt |
| THE ACADEMY OF MEDICAL ROYAL COLLEGES | £1.5m | — | 0 | above | — | no doubt |
| DOCTORS IN DISTRESS | £228k | — | 0 | below | — | no doubt |
| THE MEDICAL SOCIETY OF LONDON | £221k | — | 0 | unclear | — | no doubt |
| THE BRITISH BLOOD TRANSFUSION SOCIETY | £290k | — | 0 | unclear | — | no doubt |