ROYAL STATISTICAL SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operational deficit of £643k for the year ended 31 December 2024, driven by a significant halving of publications income. However, the trustees note that this was a deliberate choice to invest in future growth, and the charity maintains free reserves of £2.53m, which exceeds its policy target range of £1.5m to £2.0m.
What the accounts disclose
“The ratio of remuneration of the highest paid to the median salary is 2.4 (2023: 2.4) based on the employees in place at the end of the financial year.” — page 13
“The RSS has a wholly owned subsidiary trading company, RSS (Services) Ltd, which gifts all of its profits to the Society. The subsidiary’s main activities are the running of training courses and the sale of print and online advertising.”
“The RSS has a wholly owned subsidiary trading company, RSS (Services) Ltd, which gifts all of its profits to the Society.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Professor Sir John Astonchair
- Amanda Penistone
- Christine Anne Fletcher
- Clare Elizabeth Griffiths
- David Caplan
- David John Smallbone
- Dr Adam Sykulski
- Dr Altea Lorenzo-Arribas
- Dr Ayse Ulgen
- Dr Darren Lawrence Dahly
- Dr Edith Milanzi
- Dr Emily Granger
- Dr Katharine Rosemary Land
- Dr Lisa McFetridge
- Dr Louisa Nolan
- Dr Lucy Teece
- Dr Omar Rivasplata
- Dr Phillippa Maria Payne
- Dr Rhiannon Edge
- Kevin Barnes
- Omar McCarthy
- Patricia Dodd
- Professor Christopher John Brignell
- Professor Christopher Nemeth
- Professor Clare Morris
- Professor Donald Simeon
- Professor Guy Philip Nason
- Professor Neil Spencer
- Professor Richard Samworth
- Professor Thomas Brendan Murphy
- Scott Howatson Heald
- Simon Asplen-Taylor
- Srshti Putcha
- Theodore Kypraios
- Timandra Harkness
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.3m | £3.0m |
| 31/12/2023 | £2.2m | £2.8m |
| 31/12/2022 | £3.1m | £2.4m |
| 31/12/2021 | £2.2m | £2.2m |
| 31/12/2020 | £2.0m | £2.1m |
Common questions
Is ROYAL STATISTICAL SOCIETY financially healthy?
The accounts state that the charity reported an operational deficit of £643k for the year ended 31 December 2024, driven by a significant halving of publications income. However, the trustees note that this was a deliberate choice to invest in future growth, and the charity maintains free reserves of £2.53m, which exceeds its policy target range of £1.5m to £2.0m. Its FY2024 accounts were audited by Sayer Vincent LLP.
What does the highest-paid employee of ROYAL STATISTICAL SOCIETY earn?
Per its FY2024 accounts, the highest-paid employee was in the unclear band.