THE NUTRITION SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the Society reported a net deficit of £257,703 for the year ended 31 December 2024, following a reduction in outgoings and a slight increase in revenue. Despite the operating deficit, the Society maintains a strong balance sheet with total net assets of £1,058,659, underpinned by significant freehold property assets and investment holdings. The trustees confirm adequate resources for the foreseeable future, noting that a £200,000 contractual payment from publishers received in January 2025 will help rebuild reserves.
What the accounts disclose
“As such, they are maintaining (and looking in 2025/26 to build wherever possible) a reserve of cash to help offset any loss of short-term income which may occur in that period.”
“At the year-end, a balance of £16,900 is owed by the CEO to the charity relating to an interest free train season ticket loan.” — page 48
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Barbara Bray
- Dr Eileen Gibney
- Dr Hannah Elise Theobald
- Dr Wendy Hall
- Penelope Jane Hunking
- Professor Andrew Salter
- Professor Bernard Michael Corfe
- Professor Frank Thies
- Professor John Brameld
- Professor Maria O'Sullivan
- Professor Mary Ward
- Professor Thomas Hill
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £1.7m |
| 31/12/2023 | £1.3m | £1.8m |
| 31/12/2022 | £1.2m | £1.8m |
| 31/12/2021 | £1.1m | £1.2m |
| 31/12/2020 | £1.5m | £1.1m |
Common questions
Is THE NUTRITION SOCIETY financially healthy?
The accounts state that the Society reported a net deficit of £257,703 for the year ended 31 December 2024, following a reduction in outgoings and a slight increase in revenue. Despite the operating deficit, the Society maintains a strong balance sheet with total net assets of £1,058,659, underpinned by significant freehold property assets and investment holdings. The trustees confirm adequate resources for the foreseeable future, noting that a £200,000 contractual payment from publishers received in January 2025 will help rebuild reserves. Its FY2024 accounts were audited by Mitchell Charlesworth (Audit) Limited.