THE BRITISH PSYCHOANALYTICAL SOCIETY (INCORPORATING THE INSTITUTE OF PSYCHOANALYSIS)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small operating surplus of £18,400 for the year, with total income of £2,276,785 and expenditure of £2,258,385. Free reserves stood at £707,713, which the trustees confirmed was within their stated policy target range of £600,000 to £800,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The Board reviewed the reserves policy in December 2023 when it was decided that the level of free reserves should remain within the range £600,000 to £800,000.” — page 29
“In May 2024, the Board commissioned an external Governance Review to assess the Society’s governance structure, compliance and operational effectiveness. The review took place from August 2024 and its findings and recommendations were presented to the Board in April 2025. These recommendations and an implementation plan are under discussion by the Board, for implementation from the second half of 2025.” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (20/03/2015)
- Received assets from another charity (12/09/2012)
Trustees
- Elizabeth Alison Coates Thummelchair
- Annelize Taylor
- Beate Anna Schumacher
- Dr Ana Paulina Frajtag Sauma
- Dr Antony Richard Williams
- Dr Anuradha Menon
- ELIZABETH SUSAN WOLF
- Isobel Clare Pick
- Mary Louise Lyon
- Robert Michael David Alster
- Todd Andrew Hinds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.3m | £2.3m |
| 31/12/2023 | £2.2m | £2.1m |
| 31/12/2022 | £2.1m | £2.1m |
| 31/12/2021 | £2.5m | £1.8m |
| 31/12/2020 | £1.9m | £2.0m |
Common questions
Is THE BRITISH PSYCHOANALYTICAL SOCIETY (INCORPORATING THE INSTITUTE OF PSYCHOANALYSIS) financially healthy?
The accounts state that the charity reported a small operating surplus of £18,400 for the year, with total income of £2,276,785 and expenditure of £2,258,385. Free reserves stood at £707,713, which the trustees confirmed was within their stated policy target range of £600,000 to £800,000. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by HaysMac LLP.