THE ROYAL PHILATELIC SOCIETY, LONDON
The advancement of education by promoting, encouraging and contributing to the scientific study and practice of Philately in all its branches for the benefit of the public.
Financial health, per its FY2024 accounts
The accounts state that the Society reported a General Fund loss of £113,983 for the year ended 31 December 2024, with total expenditure exceeding total income. The trustees note that cash reserves continue to diminish due to these losses and loan repayments, although the balance sheet was strengthened by significant one-off donations and compensation claims. The Society aims to break even on its General Fund and acknowledges that overcoming the annual deficit will likely require increases in membership subscriptions.
What the accounts disclose
“The Society has an established Reserves Policy whereby the unrestricted funds not committed or invested should be at least six months of continuing expendable resources.” — page 21
“The Society has a subsidiary company, 100% owned, RPSL Limited” — page 12
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Alan Gerald Druce
- Antony John Newson
- DAVID ALAN WINNIE
- David Gwynne Harries
- Ian Parry Greig
- Ian Sidney Balcombe
- James Lawrence Grimwood-Taylor
- John Arthur Davies
- John Monteagle Stimson
- Lars Jorgensen
- Mark William Bailey
- Michael Bernard Hoffman
- Peter Francis Cockburn
- Simon David Martin-Redman
- Simon Richards
- Steven Harrison
- Susan Elizabeth Taylor
- Suzanne Jill Rae
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £803k | £936k |
| 31/12/2024 | £748k | £857k |
| 31/12/2023 | £832k | £939k |
| 31/12/2022 | £962k | £922k |
| 31/12/2021 | £826k | £794k |
Common questions
Is THE ROYAL PHILATELIC SOCIETY, LONDON financially healthy?
Per its FY2024 accounts: The accounts state that the Society reported a General Fund loss of £113,983 for the year ended 31 December 2024, with total expenditure exceeding total income. The trustees note that cash reserves continue to diminish due to these losses and loan repayments, although the balance sheet was strengthened by significant one-off donations and compensation claims. The Society aims to break even on its General Fund and acknowledges that overcoming the annual deficit will likely require increases in membership subscriptions. Its FY2024 accounts were audited by Begbies Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEVELOPMENTS IN LITERACY UK (UK) | 2 | £20k |
| THE HEALTH FOUNDATION | 1 | £150k |
| JOHN LYON'S CHARITY | 1 | £118k |
| THE NUFFIELD FOUNDATION | 1 | £66k |
| THE RISMAN FOUNDATION | 1 | £50k |
| THE SINO-BRITISH FELLOWSHIP TRUST | 1 | £38k |
| SCOULOUDI FOUNDATION | 1 | £25k |
| THE JOHN S COHEN FOUNDATION | 1 | £8k |
Charities like this
- THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY)
- THE ROYAL ECONOMIC SOCIETY
- THE ROYAL PHOTOGRAPHIC SOCIETY OF GREAT BRITAIN
- THE LINNEAN SOCIETY OF LONDON
- ROYAL HISTORICAL SOCIETY
- THE GENETICS SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL PHILATELIC SOCIETY, LONDON | £803k | — | 0 | unclear | — | no doubt |
| THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY) | £157.6m | £440,001 - £450,000 | 52 | above | — | no doubt |
| THE ROYAL ECONOMIC SOCIETY | £2.4m | — | — | above | — | no doubt |
| THE ROYAL PHOTOGRAPHIC SOCIETY OF GREAT BRITAIN | £1.7m | £100,000 - £119,999 | — | unclear | — | no doubt |
| THE LINNEAN SOCIETY OF LONDON | £2.6m | £60,001 - £70,000 | 1 | unclear | 1.2% | no doubt |
| ROYAL HISTORICAL SOCIETY | £684k | £60,001 - £70,000 | 2 | above | — | no doubt |