THE SAFETY AND RELIABILITY SOCIETY
Safety and Reliability Membership organisation to promote and encourage education
Objects
1. TO ADVANCE EDUCATION AND PROMOTE THE SCIENTIFIC STUDY OF SAFETY AND RELIABILITY AND ASSOCIATED DISCIPLINES, MAINTAINABILITY, AVAILABILITY, RISK ASSESSMENT AND LIFE-CYCLE COSTING, IN RELATION TO THE DESIGN OF PLANT, SYSTEMS AND EQUIPMENT FOR THE BENEFIT OF THE PUBLIC AND THEREBY TO PROMOTE INDUSTRY AND COMMERCE. 2. TO PUBLISH THE RESULTS OF SUCH STUDIES WORLDWIDE.
Financial health, per its FY2025 accounts
The charity reported a net income surplus of £10,966 for the year ended 30 June 2025, increasing its total reserves to £186,350. The trustees maintain a reserves policy to hold accumulated funds against future income shortfalls, and the independent auditors confirmed the financial statements give a true and fair view without identifying material uncertainties regarding going concern.
What the accounts disclose
“Subscriptions 112,553” — page 12
“The Trustees have established a policy whereby the accumulated funds not committed or invested in tangible fixed assets are held as a reserve against any possible shortfall in income in future periods.” — page 4
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
- Paying staff
- Risk management
- 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
Register events
- Received assets from another charity (23/11/2021)
Trustees
- Dr Joanne Lewischair
- Louise Ann Wilson
- Oluseyi Modupe Weli
- Peter John Stanton
- Philip Lang
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £137k | £126k |
| 30/06/2024 | £122k | £106k |
| 30/06/2023 | £140k | £96k |
| 30/06/2022 | £128k | £82k |
| 30/06/2021 | £108k | £89k |
Common questions
Is THE SAFETY AND RELIABILITY SOCIETY financially healthy?
Per its FY2025 accounts: The charity reported a net income surplus of £10,966 for the year ended 30 June 2025, increasing its total reserves to £186,350. The trustees maintain a reserves policy to hold accumulated funds against future income shortfalls, and the independent auditors confirmed the financial statements give a true and fair view without identifying material uncertainties regarding going concern. Its FY2025 accounts were audited by Voisey & Co LLP.