SOCIETY FOR APPLIED PHILOSOPHY
The object of the Society is the advancement of public educationin the field of applied philosophy and the publication of itsproceedings to the end.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £61,642 for the year ended 31 December 2024, resulting in a decrease in net assets from £454,027 to £392,384. The trustees note ongoing uncertainties in academic publishing and a reliance on a single funding source, aiming to maintain reserves covering two to three years of activities. Despite these risks, the independent examiner reported no matters requiring attention regarding accounting records or compliance.
What the accounts disclose
“the Trustees aim to maintain reserves that would enable them to cover roughly two to three years of normal activities and commitments.”
“In view of the charity's reliance on a single source of funding (The Journal of Applied Philosophy) and on going uncertainties in the field of academic publishing, the Trustees aim to maintain reserves that would enable them to cover roughly two to three years of normal activities and commitments.” — page 9
Trustees
- Dr Helen Frowechair
- Dr Massimo Ranzo
- Professor Kasper Lippert-Rasmussen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £131k | £193k |
| 31/12/2023 | £150k | £200k |
| 31/12/2022 | £182k | £208k |
| 31/12/2021 | £187k | £130k |
| 31/12/2020 | £183k | £100k |
Common questions
Is SOCIETY FOR APPLIED PHILOSOPHY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £61,642 for the year ended 31 December 2024, resulting in a decrease in net assets from £454,027 to £392,384. The trustees note ongoing uncertainties in academic publishing and a reliance on a single funding source, aiming to maintain reserves covering two to three years of activities. Despite these risks, the independent examiner reported no matters requiring attention regarding accounting records or compliance. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JAPAN HOUSE LONDON TRUST | 1 | £680k |
| THE J J CHARITABLE TRUST | 1 | £400k |
| THE HEADLEY TRUST | 1 | £125k |
| THE ARCHITECTURAL HERITAGE FUND | 1 | £41k |
| THE NATIONAL MANUSCRIPTS CONSERVATION TRUST | 1 | £18k |
| THE ROSE FOUNDATION | 1 | £5k |
| THE LECHE TRUST | 1 | £5k |
| THE ROYAL ARCHAEOLOGICAL INSTITUTE | 1 | £5k |
Charities like this
- SOCIETY OF ANTIQUARIES OF LONDON
- PERSPECTIVES ON SYSTEMS, SOULS AND SOCIETY
- ROYAL STATISTICAL SOCIETY
- THE PAST AND PRESENT SOCIETY
- THE ROYAL PHILATELIC SOCIETY, LONDON
- THE SILK HERITAGE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOCIETY FOR APPLIED PHILOSOPHY | £131k | — | 0 | unclear | — | noted |
| SOCIETY OF ANTIQUARIES OF LONDON | £2.6m | — | — | below | — | no doubt |
| PERSPECTIVES ON SYSTEMS, SOULS AND SOCIETY | £296k | — | — | within | — | no doubt |
| ROYAL STATISTICAL SOCIETY | £2.3m | unclear | — | unclear | — | no doubt |
| THE PAST AND PRESENT SOCIETY | £387k | — | 0 | above | — | no doubt |
| THE ROYAL PHILATELIC SOCIETY, LONDON | £803k | — | 0 | unclear | — | no doubt |