ROYAL COLLEGE OF VETERINARY SURGEONS TRUST
The ambition of RCVS Knowledge is to become a global intermediary for evidence based veterinary knowledge by providing access to information that is of immediate value to practising veterinary professionals and directly contributes to evidence-based clinical decision-making.
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
“The trustees have decided to maintain free reserves of approximately 12 months of operational expenditure which amounts to £2.0–£2.2m.”
“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
Leadership, per the charity’s website
- Julie Gibson — Clinical Lead for Quality Improvement
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (31/10/2018)
Trustees
- Dr Alexandra Sarah Kearsley-Fleet
- Dr David John Christopher Charles
- Dr Neil Christopher Smith
- Dr Timothy Daniel Heler Parkin
- Ian Battersby
- Lucie Victoria Goodwin MRCVS
- Mary Louise Bawn
- Racheal Mary Marshall
- Sara Purdy
- Sarah Sim
- Susan Paterson
- Terence Mark Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FREEMASONS' FUND FOR SURGICAL RESEARCH | 1 | £1.4m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £601k |
| THE JORON CHARITABLE TRUST | 1 | £220k |
| Aruna and Ambika Paul Foundation | 1 | £100k |
| THE LOLLIPOP FOUNDATION | 1 | £75k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £75k |
| ORTHOPAEDIC RESEARCH UK | 1 | £72k |
| GLOBAL HEALTH PARTNERSHIPS | 1 | £54k |
Charities like this
- THE ROYAL VETERINARY COLLEGE STUDENTS' UNION
- THE ROYAL VETERINARY COLLEGE ANIMAL CARE TRUST
- THE ROYAL SOCIETY OF MEDICINE
- BRITISH VETERINARY ORTHOPAEDIC ASSOCIATION
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS HILLINGDON, SLOUGH, WINDSOR , KINGSTON AND DISTRICT BRANCH
- BRITISH SMALL ANIMAL VETERINARY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL COLLEGE OF VETERINARY SURGEONS TRUST | £1.3m | — | — | unclear | — | no doubt |
| THE ROYAL VETERINARY COLLEGE STUDENTS' UNION | £1.1m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE ROYAL VETERINARY COLLEGE ANIMAL CARE TRUST | £1.3m | £60,001 - £70,000 | 1 | above | — | no doubt |
| THE ROYAL SOCIETY OF MEDICINE | £13.7m | — | — | above | 48.0% | no doubt |
| BRITISH VETERINARY ORTHOPAEDIC ASSOCIATION | £270k | — | 0 | unclear | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS HILLINGDON, SLOUGH, WINDSOR , KINGSTON AND DISTRICT BRANCH | £1.6m | — | 0 | above | — | no doubt |