THE COLLEGE OF PSYCHIC STUDIES

Registered charity 212728 · accounts filings on the Charity Commission register · also known as THE COLLEGE OF PSYCHIC SCIENCE LIMITED, THE COLLEGE OF PSYCHIC STUDIES LIMITED (FORMERLY THE LONDON SPIRITUALIST ALLIANCE LIMITED)

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Latest income
£1.2m
Latest spending
£1.1m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved an overall surplus of £420,361 for the year ended 31 December 2024, adding to its reserves. The trustees regard £2.93m of the charity's reserves as free reserves, which is higher than the targeted minimum level of £1m. Per the trustees' report, the College is considered to remain a going concern for the foreseeable future.

What the accounts disclose

Reserves policy: £1m (held: £2.9m)
The trustees now consider it reasonable to maintain the minimum reserves level at £1m. — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sumer Audit. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.2m
Total spending
£1.1m
Cost of raising funds
£21k
Reserves (reported)
£2.9m
Employees
7

Reported reserves equal ~32.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.2m£1.1m
31/12/2023£1.1m£961k
31/12/2022£926k£863k
31/12/2021£859k£893k
31/12/2020£745k£905k

Common questions

Is THE COLLEGE OF PSYCHIC STUDIES financially healthy?

The accounts state that the charity achieved an overall surplus of £420,361 for the year ended 31 December 2024, adding to its reserves. The trustees regard £2.93m of the charity's reserves as free reserves, which is higher than the targeted minimum level of £1m. Per the trustees' report, the College is considered to remain a going concern for the foreseeable future. Its FY2024 accounts were audited by Sumer Audit.