Charity Accounts Intelreading the accounts so you don’t have to

ROYAL COLLEGE OF VETERINARY SURGEONS TRUST

Registered charity 230886 · accounts filings on the Charity Commission register · also known as RCVS CHARITABLE TRUST, RCVS KNOWLEDGE, RCVS TRUST, ROYAL COLLEGE OF VETERINARY SURGEONS TRUST FUND

Latest income
£1.3m
Latest spending
£2.0m
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net operating deficit of £683,036 for the year, driven by a 16.6% reduction in income to £1,313,664 against total expenditure of £1,996,700. However, per the trustees' report, unrestricted general reserves stood at £2,078,031, which is within the stated policy target of approximately 12 months of operational expenditure (£2.0–£2.2m). The charity remains dependent on donations from the Royal College of Veterinary Surgeons but maintains adequate resources for the foreseeable future.

What the accounts disclose

Reserves policy: approximately 12 months of operational expenditure (held: £2.1m)
“The trustees have decided to maintain free reserves of approximately 12 months of operational expenditure which amounts to £2.0–£2.2m.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: RCVS provided donations and donated services.
“RCVS made a total of £440,319 (2023: £440,318) in donations and £474,066 (2023: £633,866) in donated services to RCVS Knowledge during the year.” — page 40
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

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
£1.3m
Total spending
£2.0m
Cost of raising funds
£45k
Reserves (reported)
£2.1m
Employees
22

Reported reserves equal ~12.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£2.0m
31/12/2023£1.6m£2.0m
31/12/2022£1.6m£2.1m
31/12/2021£1.4m£1.8m
31/12/2020£974k£1.4m

Common questions

Is ROYAL COLLEGE OF VETERINARY SURGEONS TRUST financially healthy?

The accounts state that the charity reported a net operating deficit of £683,036 for the year, driven by a 16.6% reduction in income to £1,313,664 against total expenditure of £1,996,700. However, per the trustees' report, unrestricted general reserves stood at £2,078,031, which is within the stated policy target of approximately 12 months of operational expenditure (£2.0–£2.2m). The charity remains dependent on donations from the Royal College of Veterinary Surgeons but maintains adequate resources for the foreseeable future. Its FY2024 accounts were audited by Crowe U.K. 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.

FunderSimilar charities fundedAmount to them
THE GEOFF & FIONA SQUIRE FOUNDATION2£7k
THE FREEMASONS' FUND FOR SURGICAL RESEARCH1£540k
THE TRUE COLOURS TRUST1£120k
THE O'SULLIVAN FAMILY CHARITABLE TRUST1£97k
THE LOLLIPOP FOUNDATION1£75k
THE MARY KINROSS CHARITABLE TRUST1£75k
ORTHOPAEDIC RESEARCH UK1£72k
GLOBAL HEALTH PARTNERSHIPS1£54k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ROYAL VETERINARY COLLEGE ANIMAL CARE TRUST.