INSTITUTE OF MEDICAL ETHICS
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves amounted to £1,194,100 at the year end, which the members regard as adequate to fund development activities despite uncertain future income from publications and investments. The charity reported a net surplus of £109,882 for the year, an increase from the previous year's surplus of £33,287. The financial statements were subject to independent examination rather than audit, with no matters coming to the examiner's attention that would cause concern.
What the accounts disclose
“It is the Governing Body's policy to maintain adequate reserves to enable the Institute to meet any unforeseen costs or to cover any shortfall in expected income.” — page 6
Corporate structure
- Registered company of the charity Companies House 00985158
Trustees
- Dr WING MAY KONGchair
- Chantal Patel
- Christopher Joseph Whitehouse
- DR Lucy Frith
- Dr Alexis Hannahson Collins Paton
- Dr CARWYN RHYS HOOPER
- Dr Cristina Richie
- Dr Dita Wickins Drazilova
- Dr Paquita de Zulueta
- Dr RUTH BROMLEY
- Dr Rachel Hart
- Dr Raj Mohindra
- Katherine Frankland
- Professor Richard Huxtable
- REVEREND BRYAN GRAHAM VERNON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £331k | £292k |
| 31/12/2023 | £325k | £252k |
| 31/12/2022 | £260k | £282k |
| 31/12/2021 | £388k | £155k |
| 31/12/2020 | £253k | £178k |
Common questions
Is INSTITUTE OF MEDICAL ETHICS financially healthy?
The accounts state that unrestricted reserves amounted to £1,194,100 at the year end, which the members regard as adequate to fund development activities despite uncertain future income from publications and investments. The charity reported a net surplus of £109,882 for the year, an increase from the previous year's surplus of £33,287. The financial statements were subject to independent examination rather than audit, with no matters coming to the examiner's attention that would cause concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NNS FOUNDATION | 1 | £5.1m |
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |
| ANPRIDE LIMITED | 1 | £6k |