BRITISH PHARMACOLOGICAL SOCIETY

Charity number: 1030623
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To promote and advance pharmacology nationally and internationally (including clinical pharmacology)

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£5,346,500

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Donations and legacies £1.90k
Charitable activities £5.23m
Other trading activities £0
Investments £106.60k
Other £5.92k

Total expenditure:
£5,612,413

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Raising funds £22.03k
Charitable activities £5.59m
Other £0

£180,392 investments gains (losses)

Total income includes £100,852 from 3 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £22.03k
Charitable expenditure £5.59m

People

25 Employee(s)

9 Trustee(s)

900 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£80k to £90k 1
£90k to £100k 2
£110k to £120k 1
£120k to £130k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Scotland

Governance

Registration history:
  • 20 December 1993: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
02877400 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Conflicting interests
  • 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
  • Safeguarding policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Niall Patrick Hyland Trustee 01 January 2025
None on record
Professor Farhan Ahmad Khan Trustee 01 January 2025
None on record
Professor James Michael Ritter Trustee 01 January 2024
None on record
Professor Michael Spedding Trustee 01 January 2024
None on record
Professor Cherry Lindsey Wainwright Trustee 01 January 2024
None on record
Professor Simon Kennedy Trustee 01 January 2023
None on record
Alina Zorn Trustee 01 January 2022
None on record
Professor Sir MARK CAULFIELD Trustee 01 January 2022
THE BLOOD PRESSURE ASSOCIATION
Received: On time
THE WILLIAM HARVEY RESEARCH FOUNDATION
Received: On time
Edward Briffa Trustee 01 March 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £4.45m £4.42m £4.52m £4.29m £5.35m
Total expenditure £4.92m £4.22m £4.22m £4.59m £5.61m
Income from government contracts £61.80k £65.27k £142.83k £87.48k £100.85k
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £32.15k £30.00k £35.00k £233.00k £1.90k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £4.32m £4.30m £4.41m £3.96m £5.23m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £96.21k £77.28k £72.53k £86.70k £106.60k
Income - Other £5.80k £6.07k £6.17k £5.80k £5.92k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £4.90m £4.20m £4.19m £4.57m £5.59m
Expenditure - Raising funds £24.36k £21.01k £23.82k £24.08k £22.03k
Expenditure - Governance £68.69k £79.64k £73.30k £70.98k £65.41k
Expenditure - Grants institution £145.64k £105.70k £87.88k £79.26k £70.38k
Expenditure - Investment management £24.36k £21.01k £23.82k £24.08k £22.03k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £913.95k £855.39k £835.54k £843.13k £796.98k
Long-term investments £3.46m £3.58m £3.97m £3.52m £3.81m
Other assets £2.13m £2.93m £2.78m £2.73m £1.78m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £847.15k £1.36m £905.49k £1.30m £683.58k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 30 October 2024 On Time
Accounts and TAR 31 December 2023 30 October 2024 On Time Download Open in new window
Annual return 31 December 2022 28 July 2023 On Time
Accounts and TAR 31 December 2022 28 July 2023 On Time Download Open in new window
Annual return 31 December 2021 23 September 2022 On Time
Accounts and TAR 31 December 2021 23 September 2022 On Time Download Open in new window
Annual return 31 December 2020 23 September 2021 On Time
Accounts and TAR 31 December 2020 23 September 2021 On Time Download Open in new window
Annual return 31 December 2019 23 October 2020 On Time
Accounts and TAR 31 December 2019 23 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 29/11/1993 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13/07/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 21/12/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/12/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 18/12/2008 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 12/12/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/12/2014 as amended on 18 Dec 2020 as amended on 30 Nov 2021

Charitable objects

THE OBJECT FOR WHICH THE SOCIETY IS ESTABLISHED IS TO PROMOTE AND ADVANCE PHARMACOLOGY (INCLUDING WITHOUT LIMITATION CLINICAL PHARMACOLOGY).

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
BRITISH PHARMACOLOGICAL SOCIETY LTD
16 ANGEL GATE
LONDON
EC1V 2PT
Phone:
02072390171
Email:
info@bps.ac.uk
Website:

www.bps.ac.uk Open in new window