SOCIETY FOR MEDICINES RESEARCH
The objects of the Charity are the advancement of science relating to all aspects of drug research, primarily byproviding a common meeting ground for all who are interested and involved in such research, with the purposeof furthering the education of such persons to be of ultimate benefit to the general public in the field of relief ofsickness.
Objects
THE ADVANCEMENT OF SCIENCE RELATING TO ALL ASPECTS OF DRUG RESEARCH PRIMARILY BY PROVIDING A COMMON MEETING GROUND FOR ALL WHO ARE INTERESTED AND INVOLVED IN SUCH RESEARCH WITH THE PURPOSE OF FURTHERING THE EDUCATION OF SUCH PERSONS TO THE ULTIMATE BENEFIT OF THE GENERAL PUBLIC IN THE FIELD OF RELIEF OF SICKNESS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased from £30,417 to £44,284, driven by a significant rise in meeting registration income and sponsorship. The trustees report adequate resources for the foreseeable future and note that funds are held as cash balances rather than investments.
What the accounts disclose
“Meeting registrations Fees receivable 44,629”
“It is the policy of the Trustees to retain a fund of such value as to provide for any unexpected expenditure on normal activities not covered by related income.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Daniel O'Donovanchair
- Dr Sam Butterworth
- Pamela Brown
- Richard Davenport
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £79k | £66k |
| 31/05/2024 | £29k | £40k |
| 31/05/2023 | £41k | £34k |
| 31/05/2022 | £29k | £33k |
| 31/05/2021 | £59k | £57k |
Common questions
Is SOCIETY FOR MEDICINES RESEARCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased from £30,417 to £44,284, driven by a significant rise in meeting registration income and sponsorship. The trustees report adequate resources for the foreseeable future and note that funds are held as cash balances rather than investments. Its FY2025 accounts were independently examined.