CHALLENGER SOCIETY FOR MARINE SCIENCE
To advance the study and application of marine science through research and education. Specifically through contribution to public debate, holding scientific meetings, setting up specialist groups, disseminating knowledge of marine science to the public and the activities of the society to its members and providing financial assistance to students in marine science.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £96,398, which significantly exceed the stated reserve policy targets of £15,000 for emergencies and £20,000 for contingencies. The trustees confirm adequate resources for the foreseeable future, and the charity operates entirely on unpaid volunteers with no salaried employees.
What the accounts disclose
Trustees
- Dr James Alexander Brearley
- Dr KATHARINE ROSEMARY LASH
- Prof Maeve Lohan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £44k |
| 31/12/2023 | £39k | £42k |
| 31/12/2022 | £28k | £36k |
| 31/12/2021 | £21k | £31k |
| 31/12/2020 | £24k | £25k |
Common questions
Is CHALLENGER SOCIETY FOR MARINE SCIENCE financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £96,398, which significantly exceed the stated reserve policy targets of £15,000 for emergencies and £20,000 for contingencies. The trustees confirm adequate resources for the foreseeable future, and the charity operates entirely on unpaid volunteers with no salaried employees. Its FY2024 accounts were independently examined.