THE SOCIETY OF MUSCULOSKELETAL MEDICINE
The Society of Orthopaedic Medicine was established "for the benefit of the public in relieving sickness by promoting and advancing the use, study and science of orthopaedic medicine and by providing facilities for treatment, education, study and research therein".
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net gain of £19,440, resulting in total unrestricted funds of £159,655. Per the trustees' report, the charity maintains a reserves policy of three to six months' expenditure, and the current unrestricted funds of £159,655 exceed the stated target based on annual expenditure of approximately £274,289. The charity is not dependent on external funding for its immediate continuity, as evidenced by the independent examiner's confirmation that no matters caused concern regarding the going concern status or compliance.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 5
Trustees
- Nick Worthchair
- Dr DUNCAN ANDREW REID
- Dr GORDON CAMERON
- Jonathan Paul Smith
- Judith Neilson
- Leonard Entwistle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £282k | £274k |
| 31/12/2023 | £249k | £262k |
| 31/12/2022 | £214k | £256k |
| 31/12/2021 | £242k | £251k |
| 31/12/2020 | £125k | £179k |
Common questions
Is THE SOCIETY OF MUSCULOSKELETAL MEDICINE financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net gain of £19,440, resulting in total unrestricted funds of £159,655. Per the trustees' report, the charity maintains a reserves policy of three to six months' expenditure, and the current unrestricted funds of £159,655 exceed the stated target based on annual expenditure of approximately £274,289. The charity is not dependent on external funding for its immediate continuity, as evidenced by the independent examiner's confirmation that no matters caused concern regarding the going concern status or compliance. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ORTHOPAEDIC RESEARCH UK | 1 | £110k |
| Arthritis UK | 1 | £50k |
| THE CLIVE RICHARDS FOUNDATION | 1 | £35k |
| THE LEAGUE OF FRIENDS TO THE ROBERT JONES & AGNES HUNT ORTHOPAEDIC HOSPITAL | 1 | £24k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £12k |
| THE HOBSON CHARITY LIMITED | 1 | £8k |
| THE LORD FARINGDON CHARITABLE TRUST | 1 | £7k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £4k |
Charities like this
- THE ORTHOPAEDIC INSTITUTE LIMITED
- AOUK & I
- YORK MEDICAL SOCIETY
- BRITISH ORTHOPAEDIC ASSOCIATION
- Royal Orthopaedic Charity
- ANATOMICAL SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SOCIETY OF MUSCULOSKELETAL MEDICINE | £282k | — | 0 | unclear | — | no doubt |
| THE ORTHOPAEDIC INSTITUTE LIMITED | £319k | — | 0 | unclear | — | no doubt |
| AOUK & I | £278k | — | 0 | unclear | — | no doubt |
| YORK MEDICAL SOCIETY | £135k | — | 0 | unclear | — | no doubt |
| BRITISH ORTHOPAEDIC ASSOCIATION | £3.2m | — | — | above | — | no doubt |
| Royal Orthopaedic Charity | £157k | — | 0 | unclear | — | no doubt |