THE BRITISH PSYCHOLOGICAL SOCIETY

Registered charity 229642 · accounts filings on the Charity Commission register · also registered in Scotland as SC039452 (OSCR)

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Latest income
£13.4m
Latest spending
£12.7m
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved its first operational surplus in five years, with total income rising to £13.40m and total expenditure decreasing to £12.66m. Per the trustees' report, free reserves stood at £13.0 million, which is above the stated policy target of nine months' income (£10m).

What the accounts disclose

Payments to trustees: Julia Faulconbridge was paid £11,750 for professional services; Former President Dr N. Hayes received £12,309 compensation for loss of earnings.
In 2024, Julia Faulconbridge was paid £11,750 for professional services in her role as DCP Communications and Publications Lead.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The document states 'there were no related party transactions with trustees' but discloses transactions with subsidiaries.
There were no other related party transactions during the year, except for transactions between BPS Assessments and Awards Limited and the Society, and between BPS Communications Limited and the Society. — page 56
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: BPS Assessments and Awards Limited, BPS Communications Limited
The society operates two subsidiaries: BPS Assessments and Awards Limited and BPS Communications Limited
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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

Total income
£13.4m
Total spending
£12.7m
Reserves (reported)
£17.1m
Employees
133

Reported reserves equal ~16.2 months of spending — in the top quarter for charities its size (median 4.6 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£13.4m£12.7m
31/12/2023£13.0m£14.8m
31/12/2022£11.6m£14.6m
31/12/2021£11.6m£14.7m
31/12/2020£10.8m£14.0m

Common questions

Is THE BRITISH PSYCHOLOGICAL SOCIETY financially healthy?

The accounts state that the charity achieved its first operational surplus in five years, with total income rising to £13.40m and total expenditure decreasing to £12.66m. Per the trustees' report, free reserves stood at £13.0 million, which is above the stated policy target of nine months' income (£10m). Its FY2024 accounts were audited by Forvis Mazars LLP.