Association For Medical Education In Europe
Latest income
£561k
Latest spending
£355k
Accounts read
FY2024
Form
Unincorporated association
Financial health, per FY2024 accounts
The accounts state that total income increased by 10% to £3,613,849, resulting in a net increase in funds of £70,316 for the year. The charity holds unrestricted reserves of £2,858,749, which the Risk and Finance Committee considers sufficient to meet its policy target of retaining at least 18 months of operating costs. The trustees report that the charity is financially secure, though they acknowledge risks related to reliance on conference income and global financial pressures.
What the accounts disclose
Highest-paid employee band: £100,001 - £110,000
“The number of employees whose annual remuneration was more than £60,000 is as follows: 2024 Number £100,000 to £110,000 1” — page 24
Per FY2024 accounts as filed with OSCR.
Employees paid over £60,000: 1
“The number of employees whose annual remuneration was more than £60,000 is as follows: 2024 Number £100,000 to £110,000 1” — page 24
Per FY2024 accounts as filed with OSCR.
Reserves policy: at least 18 months of operating costs (held: £2.9m)
“It is the view of the Risk and Finance Committee that the group should retain at least 18 months of operating costs (staff and overheads) and the net contribution from the annual conference, being around £1 950,000 in total.”
Per FY2024 accounts as filed with OSCR.
Independent examiner: Findlays Audit Limited
Per FY2024 accounts as filed with OSCR.