THE SOCIETY FOR THE ADVANCEMENT OF MANAGEMENT STUDIES LIMITED
supporting early career academics in the field of management studies
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £564,174 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves. Per the trustees' report, free reserves of £1,030,229 were held, which is significantly in excess of the trustees' stated target of £250,000. The charity maintains adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The trustees considered the most appropriate level of free reserves at 31 December 2024 would be £250,000.” — page 5
“During the year no member of the Board of Trustees received any remuneration or benefits in kind and 8 trustees (2023: 10 trustees) had expenses for travel, subsistence and accommodation, direct and indirect, of £7,652 (2023 : £7,675).” — page 24
Corporate structure
- Registered company of the charity Companies House 00779644
Company officers (Companies House)
- GUSTAFSSON, Stefanie, Professor on trustee list
- WEI, Liqun, Professor on trustee list
- ARSHED, Norin, Professor on trustee list
- GOMES, Marcus Vinicius Peinado, Professor on trustee list
- JANSSENS, Maddy Irma Ludovicus, Professor on trustee list
- WOODFIELD, Ruth, Professor on trustee list
- BRENNECKE, Julia, Professor on trustee list
- EPITROPAKI, Olga, Professor on trustee list
- STURDY, Andrew Jonathan, Professor on trustee list
- PATRIOTTA, Gerardo, Professor on trustee list
- HEYDEN, Mariano Luiz Marselo, Professor on trustee list
- REINECKE, Juliane, Professor on trustee list
- DICK WEST, Penelope, Professor not on trustee list
- ROULET, Thomas Julien Vincent, Dr on trustee list
- LORETTO, Wendy Anne, Dr on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Thomas Julien Vincent Roulet
- Dr Wendy Anne Loretto
- Professor Andrew Jonathan Sturdy
- Professor Emma Bell
- Professor Gerardo Patriotta
- Professor Julia Brennecke
- Professor Juliane Reinecke
- Professor Liqun Wei
- Professor Maddy Janssens
- Professor Marcus Vinicius Peinado Gomes
- Professor Mariano Luiz Marselo Heyden
- Professor Norin Arshed
- Professor Olga Epitropaki
- Professor Penelope Dick West
- Professor Rafael Alcadipani da Silveira
- Professor Ruth Woodfield
- Professor Stefanie Gustafsson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £612k | £1.2m |
| 31/12/2023 | £602k | £676k |
| 31/12/2022 | £574k | £579k |
| 31/12/2021 | £580k | £470k |
| 31/12/2020 | £669k | £770k |
Common questions
Is THE SOCIETY FOR THE ADVANCEMENT OF MANAGEMENT STUDIES LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £564,174 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves. Per the trustees' report, free reserves of £1,030,229 were held, which is significantly in excess of the trustees' stated target of £250,000. The charity maintains adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by GBAC Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £67k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| HAROFEH DONATIONS LIMITED | 1 | £16k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| THE KUPAH CHARITABLE TRUST | 1 | £5k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| PARKLAKE CHARITY TRUST | 1 | £2k |
Charities like this
- YAD VEACHISOMOCH L'CHAIM
- TOIMCHEI SHABBOS MANCHESTER
- KOLLEL LEV EPHRAIM
- National Centre For Universities and Business
- THE SOCIETY FOR THE STUDY OF ADDICTION
- THE BRITISH ASSOCIATION OF DAY SURGERY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOCIETY FOR THE ADVANCEMENT OF MANAGEMENT STUDIES LIMITED | £612k | — | 0 | above | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| TOIMCHEI SHABBOS MANCHESTER | £752k | — | 0 | unclear | — | no doubt |
| KOLLEL LEV EPHRAIM | £141k | — | 0 | unclear | — | no doubt |
| National Centre For Universities and Business | £2.9m | — | — | unclear | — | no doubt |
| THE SOCIETY FOR THE STUDY OF ADDICTION | £1.4m | £80,001 - £90,000 | 2 | below | — | no doubt |