QUARTERLY JOURNAL OF MECHANICS AND APPLIED MATHEMATICS
Has overall control of a scientific journal -- Quarterly Journal of Mechanics and Applied Mathematics, published for the benefit of the scientific community.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £528,793 at the end of the financial year, with no liabilities or other assets. The trustees maintain these reserves to sustain grant levels as payments from the publisher decrease and for contingencies. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters required disclosure.
What the accounts disclose
“The only item of income during the year was: £73,606 (Profit-share from OUP)”
“the Trustees maintain a reserve in order to sustain the level of grants as payments decrease, as well as for contingencies.”
“The Trustees have secured a profit share from the Journal’s publishers, Oxford University Press (OUP), in order to provide grants to support activities in keeping with these objectives and thereby to promote the Journal.” — page 1
“The Fund makes a grant to the Institute of Mathematics and its Applications (IMA, a charity with aims compatible with those of the Trust), who then distribute grants to successful applicants, a payment being made to the IMA for the efficient administration of this process.”
“The Trustees have secured a profit share from the Journal’s publishers, Oxford University Press (OUP), in order to provide grants to support activities in keeping with these objectives and thereby to promote the Journal.” — page 1
“The Fund makes a grant to the Institute of Mathematics and its Applications (IMA, a charity with aims compatible with those of the Trust), who then distribute grants to successful applicants, a payment being made to the IMA for the efficient administration of this process.”
Trustees
- PROFESSOR JOHN ROBERT KINGchair
- PROFESSOR ANDREW NORMAN NORRIS
- Professor Christopher Mark Linton
- Professor Sarah Louise Waters
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/03/2025 | £74k | £0 |
| 01/03/2024 | £72k | £57k |
| 01/03/2023 | £74k | £56k |
| 01/03/2022 | £83k | £5k |
| 01/03/2021 | £85k | £5k |
Common questions
Is QUARTERLY JOURNAL OF MECHANICS AND APPLIED MATHEMATICS financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £528,793 at the end of the financial year, with no liabilities or other assets. The trustees maintain these reserves to sustain grant levels as payments from the publisher decrease and for contingencies. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters required disclosure. Its FY2025 accounts were independently examined.