THE ROYAL SOCIETY OF MEDICINE

Registered charity 206219 · accounts filings on the Charity Commission register

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.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · website · Get email alerts

Latest income
£13.7m
Latest spending
£14.3m
Registered
1962
Accounts read
FY2025

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.

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

What the accounts disclose

Fundraising cost ratio: 48.0% of fundraised income, as disclosed
“The cost of raising funds amounted to 48% of total expenditure (2024: 35%), reflecting the greater weight on conferencing activity in the year.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sales by subsidiary to parent
“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
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Royal Society of Medicine Commercial Services Limited
“The RSM’s conferencing and hospitality business is undertaken by its trading company, Royal Society of Medicine Commercial Services Limited (02820374).” — page 23
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/09/2025)

Total income
£13.7m
Total spending
£14.3m
Cost of raising funds
£6.8m
Reserves (reported)
£4.4m
Employees
142

Reported reserves equal ~3.7 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Other trading activities (47% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 49.6% of total income — above the 90th percentile for charities its size (median 3.8%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland

Income and spending

Financial year endIncomeSpending
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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE THOMPSON FAMILY CHARITABLE TRUSTFY2023£500k
THE JORON CHARITABLE TRUSTFY2024£150kTo provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession.
THE THOMPSON FAMILY CHARITABLE TRUSTFY2022£100k
Aruna and Ambika Paul FoundationFY2024£100kEducational projects
The Lord Leonard and Lady Estelle Wolfson FoundationFY2022£45kMedical research
THE JORON CHARITABLE TRUSTFY2023£40kTo provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession.
THE JORON CHARITABLE TRUSTFY2022£30kTo provide educational opportunities for healthcare professionals and for the exchange of information and ideas on medicine within the health profession.
THE EXILARCH'S FOUNDATIONFY2022£17kHospitals, Medical Education and Research
THE COLT FOUNDATIONFY2022£13kStudent Impact Day
THE ALAN AND SHEILA DIAMOND CHARITABLE TRUSTFY2025£10k
THE ALAN AND SHEILA DIAMOND CHARITABLE TRUSTFY2022£10k
THE ALAN AND SHEILA DIAMOND CHARITABLE TRUSTFY2024£10k
THE ALAN AND SHEILA DIAMOND CHARITABLE TRUSTFY2023£10k
THE EXILARCH'S FOUNDATIONFY2022£5kUniversity/College
THE THOMPSON FAMILY CHARITABLE TRUSTFY2024£1k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MEDICAL SCHOOLS COUNCIL.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL SOCIETY OF MEDICINE£13.7m——above48.0%no doubt
MEDICAL SCHOOLS COUNCIL FY2025£2.7m—4above—no doubt
THE ACADEMY OF MEDICAL ROYAL COLLEGES FY2025£1.5m—0above—no doubt
DOCTORS IN DISTRESS FY2025£228k—0below—no doubt
THE MEDICAL SOCIETY OF LONDON FY2025£221k—0unclear—no doubt
THE BRITISH BLOOD TRANSFUSION SOCIETY FY2025£290k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.