THE BRITISH PSYCHOLOGICAL SOCIETY

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

Activities are as specified by the Charter, Statutes and Rules of the Society

Causes: Other Charitable Purposes · website · Get email alerts

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).

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

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.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Corporate structure

BPS ASSESSMENTS AND AWARDS LIMITED — per its own Companies House accounts
  • Turnover: £204k
  • Profit before tax: £100k
  • Donated/gift-aided to the charity: £100k
  • Creditors include an amount of £111,719 due to the parent company (Note 5). Additionally, a service charge of £14,400 was paid to the British Psychological Society for the use of its employees (Note 3).
“All profits generated by the company are distributed to The British Psychological Society under Gift Aid.”

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.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

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).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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?

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). Its FY2024 accounts were audited by Forvis Mazars LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BRITISH ASSOCIATION OF DERMATOLOGISTS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BRITISH PSYCHOLOGICAL SOCIETY£13.4m——unclear—no doubt
BRITISH ASSOCIATION OF DERMATOLOGISTS FY2024£7.5m£100,001 - £110,0008above—no doubt
BRITISH PSYCHOTHERAPY FOUNDATION FY2025£2.8m£130,001 - £140,000—within—no doubt
BCPC FY2025£659k—0unclear—no doubt
1692 FY2025£462k—0within—no doubt
THE LONDON SCHOOL OF JEWISH STUDIES FY2025£1.8m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.