THE LONDON MATHEMATICAL SOCIETY
Latest income
£4.0m
Latest spending
£3.7m
Registered
1967
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total assets rose from approximately £22m to £23m, with unrestricted reserves held at £22.2m. The charity reports a net income surplus of £316k for the year, driven by strong publishing performance and investment returns, while maintaining a general fund free reserve of up to £1m for operational stability.
What the accounts disclose
Reserves policy: up to £1m free reserve as cash at bank (held: £22.2m)
“The Society maintains up to £1m free reserve as cash at bank to ensure that there is enough operating capital to stabilise the Society’s finances.” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees reimbursed for expenses
“The gross amount that has been reimbursed in respect of attendance of meetings in the period amounted to £8,502 for 15 Trustees (2024: £5,044 for 15 Trustees). As disclosed in the Trustees’ Report, where grants are awarded to Trustees the payment is always made to the relevant institution.” — page 65
Per its FY2025 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Simon Edwards — Executive Secretary (CEO)
Structured financials (annual return, FY ending 31/07/2025)
Total income
£4.0m
Total spending
£3.7m
Cost of raising funds
£408k
Reserves (reported)
£22.2m
Employees
15
Trustees
- Dr Amanda Georgina Turner
- Dr Chris Bowman-Scargill
- Dr David James Barnes
- Dr Jessica Anne Enright
- Dr Lassina Dembele
- Dr Tania Clare Dunning
- PROFESSOR MINHYONG KIM
- Professor Gregory Kumar Sankaran
- Professor Iain Grant Gordon
- Professor Jason Lotay
- Professor Jelena Grbic
- Professor Mark Andrew Joseph Chaplain
- Professor Mary McAlinden
- Professor Niall James MacKay
- Professor Peter Brian Ashwin
- Professor Sara Lombardo
- Professor Sarah Whitehouse
- Professor Shabnam Behesthi
- Professor Simon Montague Salamon
- dr Andrew David Brooke-Taylor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £4.0m | £3.7m |
| 31/07/2024 | £3.5m | £3.2m |
| 31/07/2023 | £3.1m | £2.7m |
| 31/07/2022 | £2.9m | £2.3m |
| 31/07/2021 | £3.1m | £2.4m |
Common questions
Is THE LONDON MATHEMATICAL SOCIETY financially healthy?
The accounts state that total assets rose from approximately £22m to £23m, with unrestricted reserves held at £22.2m. The charity reports a net income surplus of £316k for the year, driven by strong publishing performance and investment returns, while maintaining a general fund free reserve of up to £1m for operational stability. Its FY2025 accounts were audited by Griffin Stone Moscrop & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEVELOPMENTS IN LITERACY UK (UK) | 2 | £20k |
| THE COMPANY OF BIOLOGISTS | 1 | £38k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £19k |
| THE JOHN S COHEN FOUNDATION | 1 | £8k |
| Friends of the Nations' Libraries | 1 | £3k |
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | 1 | £3k |