THE BRITISH PHYCOLOGICAL SOCIETY
Financial health, per its FY2025 accounts
The accounts state that the charity's total funds carried forward at the end of the financial year were £319,611, representing a net movement in funds of £15,726 for the year. The trustees report that the financial situation remains very healthy, although they note that the charity does not currently have a reserves policy in place. The document highlights a correction of prior year accounting errors totaling £21,165, which affected the comparatives but did not impact the current year's healthy standing.
What the accounts disclose
Trustees
- Dr Hilary Redden
- Dr Jessica Mora Macdonald Adams
- Dr Nicola Slee
- Francis Bunker
- Jane Purton
- Prof Saul Purton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £104k | £89k |
| 31/03/2024 | £126k | £89k |
| 31/03/2023 | £98k | £80k |
| 31/03/2022 | £88k | £72k |
| 31/03/2021 | £163k | £86k |
Common questions
Is THE BRITISH PHYCOLOGICAL SOCIETY financially healthy?
The accounts state that the charity's total funds carried forward at the end of the financial year were £319,611, representing a net movement in funds of £15,726 for the year. The trustees report that the financial situation remains very healthy, although they note that the charity does not currently have a reserves policy in place. The document highlights a correction of prior year accounting errors totaling £21,165, which affected the comparatives but did not impact the current year's healthy standing. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMPANY OF BIOLOGISTS | 1 | £140k |