THE FISHERIES SOCIETY OF THE BRITISH ISLES
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £3,644,604, which the trustees consider to be within their stated policy target of maintaining three to six months' expenditure. The charity reported a net income increase of £342,801 for the year, driven by strong investment gains, and the auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the policy of the society that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
“Day-to-day administration of the Society is supported by an Administrative Assistant (0.5 FTE) who reports to the President, and a Finance Officer (0.2 FTE) who coordinates invoicing and payments, who reports to the Honorary Treasurer; both are employed through FSBI Administration Limited (Company Number 11894574).” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr David John McKenziechair
- Ada Fontrondona-Eslava
- Dr Anna Michelle Sturrock
- Dr Ben Parker
- Dr Catherine Christine Hayden Gutmann Roberts
- Dr Claudia Junge
- Dr Constantino Macias Garcia
- Dr Dorte Bekkevold
- Dr Faye Helen Moyes
- Dr Martha Patricia Rincon Diaz
- Dr Nicholas Leslie Payne
- Dr Rohitashva Shukla
- Professor Colin William Bean
- Professor Holly Shiels
- Professor John Robert Britton
- Professor Stefano Mariani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £607k | £512k |
| 31/12/2023 | £612k | £593k |
| 31/12/2022 | £569k | £507k |
| 31/12/2021 | £522k | £525k |
| 31/12/2020 | £600k | £365k |
Common questions
Is THE FISHERIES SOCIETY OF THE BRITISH ISLES financially healthy?
The accounts state that unrestricted reserves stood at £3,644,604, which the trustees consider to be within their stated policy target of maintaining three to six months' expenditure. The charity reported a net income increase of £342,801 for the year, driven by strong investment gains, and the auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Cottons Accountants LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COMPANY OF BIOLOGISTS | 2 | £178k |