THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity returned a small surplus of £409 for the financial year, following a significant surplus in the previous year driven by a major conference. Per the trustees' report, the Society continues to meet its reserves policy of holding fifty percent of expected next year's expenditure, with net assets totaling £689,837.
What the accounts disclose
“Employees earning more than £60,000 during the year: £80,001 - £90,000”
“The Council Members consider this to be approximately 50% of average annual expected expenditure.”
Corporate structure
- Registered company of the charity Companies House 00932590
Structured financials (annual return, FY ending 30/06/2024)
Trustees
- Michael James Fearnchair
- Benjamin John Sykes
- David Alan Brookes
- Dr Cristina Garcia-Duffy
- Dr Peter Allan
- Gehrig Stannard Schultz
- Graham John Whitehead
- Iain Ross Wylie
- Judith Patten MBE
- Professor RALPH FRANK RAYNER
- RICHARD LUFF
- Vahid Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £356k | £345k |
| 30/06/2024 | £1.1m | £737k |
| 30/06/2023 | £318k | £286k |
| 30/06/2022 | £274k | £270k |
| 30/06/2021 | £319k | £315k |
Common questions
Is THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED financially healthy?
The accounts state that the charity returned a small surplus of £409 for the financial year, following a significant surplus in the previous year driven by a major conference. Per the trustees' report, the Society continues to meet its reserves policy of holding fifty percent of expected next year's expenditure, with net assets totaling £689,837. Its FY2025 accounts were independently examined.
What does the highest-paid employee of THE SOCIETY FOR UNDERWATER TECHNOLOGY LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.