THE GENETICS SOCIETY

Registered charity 261062 · accounts filings on the Charity Commission register · also known as THE GENETICAL SOCIETY

The object of the Society is to promote the advancement of the science of genetics for the benefit of the public. The Society does this by promoting the interchange of scientific information about genetics through running and sponsoring scientific meetings, through publishing scientific journals and through awarding small grants for travel and research, especially to junior scientists.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£530k
Latest spending
£616k
Registered
1970
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net loss of £178,715 for the year ended 31 December 2024, driven by total expenditure of £642,700 against income of £533,756. Despite this loss, the trustees regard the financial position as satisfactory, with unrestricted reserves of £1,869,748 remaining well above the stated policy target of two years' expenditure. The charity notes that future journal income remains uncertain due to open-access publishing shifts, but current reserves provide a sufficient buffer.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by HaysMac LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£530k
Total spending
£616k
Cost of raising funds
£29k
Reserves (reported)
£1.9m
Employees
0

Reported reserves equal ~36.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (84% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 5.6% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£530k£616k
31/12/2023£577k£785k
31/12/2022£601k£700k
31/12/2021£565k£497k
31/12/2020£618k£376k

Common questions

Is THE GENETICS SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net loss of £178,715 for the year ended 31 December 2024, driven by total expenditure of £642,700 against income of £533,756. Despite this loss, the trustees regard the financial position as satisfactory, with unrestricted reserves of £1,869,748 remaining well above the stated policy target of two years' expenditure. The charity notes that future journal income remains uncertain due to open-access publishing shifts, but current reserves provide a sufficient buffer. Its FY2024 accounts were audited by HaysMac LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PHYSIOLOGICAL SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE GENETICS SOCIETY£530k—0above—no doubt
THE PHYSIOLOGICAL SOCIETY FY2024£4.8m——above—no doubt
THE SOCIETY FOR EXPERIMENTAL BIOLOGY FY2024£2.9m——below—no doubt
CAMBRIDGE PHILOSOPHICAL SOCIETY FY2024£988k—0unclear—no doubt
SOCIETY OF GENEALOGISTS FY2024£768k——below—no doubt
THE ROYAL PHILATELIC SOCIETY, LONDON FY2024£803k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.