ASSOCIATION OF PHYSICIANS OF GREAT BRITAIN AND IRELAND
Financial health, per its FY2024 accounts
The charity reported a net expenditure of £48,730 for the year, resulting in a reduction of unrestricted reserves from £858,074 to £809,344. Despite the deficit, the trustees state the charity holds a robust balance sheet with sufficient reserves to maintain charitable activities for a minimum three-year period. The primary income source is a payment from Oxford University Press, which the trustees acknowledge as a principal risk if reduced.
What the accounts disclose
“The Trustees have a policy of ensuring that the reserves of the Association are maintained approximately at a level to support the current normal annual expenditure without further income over a three year period.” — page 6
Trustees
- Professor Christopher Day
- Professor Claire Louise Johnson Shovlin
- Professor Elizabeth Sapey
- Professor Julian Charles Knight
- Professor Richard Trembath
- Professor Sharon Peacock
- Professor Sinead Maire Langan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £260k | £350k |
| 31/12/2023 | £241k | £326k |
| 31/12/2022 | £255k | £320k |
| 31/12/2021 | £231k | £198k |
| 31/12/2020 | £233k | £221k |
Common questions
Is ASSOCIATION OF PHYSICIANS OF GREAT BRITAIN AND IRELAND financially healthy?
The charity reported a net expenditure of £48,730 for the year, resulting in a reduction of unrestricted reserves from £858,074 to £809,344. Despite the deficit, the trustees state the charity holds a robust balance sheet with sufficient reserves to maintain charitable activities for a minimum three-year period. The primary income source is a payment from Oxford University Press, which the trustees acknowledge as a principal risk if reduced. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £1k |