THE PHYSIOLOGICAL SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating surplus of £1,070,000 for the year ended 31 December 2024, driven by increased publishing income and careful cost control. However, the trustees highlight significant financial risks, noting that 81% of income is generated through publishing and that there is growing uncertainty in the academic publication sector which may require the utilization of available reserves.
What the accounts disclose
“The Free Reserve aims to hold approximately six months operating costs, currently £1.9m excluding third party operating costs and grants, to provide operational cash flow. At 31 December 2024 free reserves held totalled £5.1m” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (26/03/2019)
- Received assets from another charity (20/10/2014)
Trustees
- Professor Michael Tiptonchair
- Dr Fearon Clare Cassidy
- Dr Richard Peter Marshall
- Professor Aine Kelly
- Professor Andrew John Parker
- Professor Catherine Hall
- Professor David James Angus Wyllie
- Professor Hugh Edward Montgomery
- Professor Nephtali Marina-Gonzalez
- Professor Paul McLoughlin
- Professor Stuart Robert Gray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.8m | £3.7m |
| 31/12/2023 | £4.3m | £3.9m |
| 31/12/2022 | £4.2m | £4.0m |
| 31/12/2021 | £4.1m | £3.8m |
| 31/12/2020 | £4.5m | £3.6m |
Common questions
Is THE PHYSIOLOGICAL SOCIETY financially healthy?
The accounts state that the charity reported an operating surplus of £1,070,000 for the year ended 31 December 2024, driven by increased publishing income and careful cost control. However, the trustees highlight significant financial risks, noting that 81% of income is generated through publishing and that there is growing uncertainty in the academic publication sector which may require the utilization of available reserves. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMPANY OF BIOLOGISTS | 1 | £38k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £19k |
| DEVELOPMENTS IN LITERACY UK (UK) | 1 | £10k |
| THE JOHN S COHEN FOUNDATION | 1 | £8k |
| Friends of the Nations' Libraries | 1 | £3k |
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | 1 | £3k |