INSTITUTE OF BIOMEDICAL SCIENCE
The Institute of Biomedical Science (IBMS) is the professional body for biomedical scientists in the United Kingdom. It aims to promote and develop the role of biomedical science within healthcare to deliver the best possible service for patient care and safety.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £15.6 million, which is a surplus of £9.9 million against its stated policy target of £5.7 million. The group reported a net expenditure of £873,303 for the year, which was met by reserves, while the trading subsidiary generated a profit of £614,721. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Council considers that in order to meet these needs, and to operate effectively and with minimum disruption, the Institute needs free reserves of approximately £5.7 million.”
“During the year 7 members of Council received payments totalling of £6,263 (2024: £6,381 for 6 Council members) for providing professional examination, accreditation and assessment services.” — page 31
“During the year 7 members of Council received payments totalling of £6,263 (2024: £6,381 for 6 Council members) for providing professional examination, accreditation and assessment services. The payments were on the same basis as that made to others providing the same services.” — page 31
“One member (2024: two members) of the senior management team were also trustees of the Science Council. During the year the Institute incurred costs of £97,978 (2024: £95,928) from the Science Council. The costs related to membership and registration services.” — page 31
“During the year 7 members of Council received payments totalling of £6,263 (2024: £6,381 for 6 Council members) for providing professional examination, accreditation and assessment services. The payments were on the same basis as that made to others providing the same services.” — page 31
“One member (2024: two members) of the senior management team were also trustees of the Science Council. During the year the Institute incurred costs of £97,978 (2024: £95,928) from the Science Council. The costs related to membership and registration services.” — page 31
“These financial statements consolidate the results of the Institute and its wholly owned subsidiary, Institute of Biomedical Science (Professional Services) Limited, on a line-by-line basis.” — page 19
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Dr Sarah Jane Pittchair
- Angela Elizabeth Jean-Francois
- Bethany Rose Moss
- Daniel David Kearns
- Dr Victoria Bradley
- Jennifer Collins
- Joanna Andrew
- Katy Louise Lomas
- Louise Ruth Jefferies
- Nichola Helen Lawrence
- Nicola Rouse
- Nicola Small
- Nigel Coles
- Richard Antony Wardle
- Sheri Scott
- Tahmina Hussain
- Una Porter
- Victoria Catherine Moyse
- Zeshaan Ejaz
- Zonya Jeffrey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £5.7m | £7.6m |
| 31/12/2024 | £4.0m | £4.8m |
| 31/12/2023 | £5.9m | £5.3m |
| 31/12/2022 | £5.4m | £4.4m |
| 31/12/2021 | £3.5m | £3.2m |
Common questions
Is INSTITUTE OF BIOMEDICAL SCIENCE financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £15.6 million, which is a surplus of £9.9 million against its stated policy target of £5.7 million. The group reported a net expenditure of £873,303 for the year, which was met by reserves, while the trading subsidiary generated a profit of £614,721. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by HaysMac LLP.
Charities like this
- THE BRITISH MASS SPECTROMETRY SOCIETY
- BRITISH MENOPAUSE SOCIETY
- THE BRITISH INSTITUTE OF RADIOLOGY
- ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS
- THE BRITISH MEDICAL ULTRASOUND SOCIETY
- THE BRITISH SOCIETY FOR HAEMATOLOGY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INSTITUTE OF BIOMEDICAL SCIENCE | £5.7m | — | — | above | — | no doubt |
| THE BRITISH MASS SPECTROMETRY SOCIETY | £318k | — | 0 | unclear | — | no doubt |
| BRITISH MENOPAUSE SOCIETY | £2.2m | £90,001 - £100,000 | 1 | above | — | no doubt |
| THE BRITISH INSTITUTE OF RADIOLOGY | £2.0m | — | — | above | — | no doubt |
| ASSOCIATION OF BIOMEDICAL ENGINEERS, MEDICAL ENGINEERS AND BIOENGINEERS | £3k | — | 0 | unclear | — | no doubt |
| THE BRITISH MEDICAL ULTRASOUND SOCIETY | £635k | — | 0 | unclear | — | no doubt |