ROYAL ASIATIC SOCIETY OF GREAT BRITAIN AND IRELAND

Charity number: 209629
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The investigation and encouragement of science, literature and the arts in relation to Asia. The Society promotes a number of activities in this field: lectures, research workshops and student events. It publishes works of scholarship and a journal. It maintains an important library including prints, drawings and manuscripts relating to the history, religions, languages, art and customs of Asia.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£540,469

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Donations and legacies £25.04k
Charitable activities £0
Other trading activities £325.72k
Investments £100.95k
Other £88.76k

Total expenditure:
£664,484

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Raising funds £18.42k
Charitable activities £646.07k
Other £0

£31,034 investments gains (losses)

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.

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Raising funds and other expenditure £18.42k
Charitable expenditure £646.07k

People

6 Employee(s)

19 Trustee(s)

11 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 22 September 1962: Standard registration
  • 14 June 1994: Removed
Organisation type:
Other
Other names:
  • THE ROYAL ASIATIC SOCIETY (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Risk management
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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

19 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Norbert Peabody Chair 16 May 2024
None on record
Dr Jochen Sokoly Trustee 16 May 2024
None on record
Professor Surya P Subedi Trustee 16 May 2024
None on record
Dr Javed Majeed Trustee 16 May 2024
THE QUAKER PEACE STUDIES TRUST
Received: 85 days late
PROFESSOR SARAH ANSARI Trustee 16 May 2024
None on record
Dr Gai Jorayev Trustee 16 May 2024
None on record
Dr Weipin Tsai Trustee 18 May 2023
None on record
Professor Susan Whitfield Trustee 18 May 2023
None on record
Dr Gordon Johnson Trustee 16 May 2022
THE SIR ERNEST CASSEL EDUCATIONAL TRUST GRANTS TO COMMONWEALTH STUDENTS
Received: On time
SIR ERNEST CASSEL EDUCATIONAL TRUST
Received: On time
THE MALAYSIAN COMMONWEALTH STUDIES CENTRE IN CAMBRIDGE
Received: On time
THE CAMBRIDGE MALAYSIAN EDUCATION AND DEVELOPMENT TRUST
Received: On time
Dr Priyanka Basu Trustee 12 May 2022
THE BRITISH ASSOCIATION FOR SOUTH ASIAN STUDIES
Received: On time
Elizabeth Robb Trustee 12 May 2022
None on record
Professor Francis Robinson Trustee 12 May 2022
None on record
LIONEL KNIGHT Trustee 12 May 2022
None on record
Richard Blurton Trustee 12 May 2022
None on record
Dr BARBARA BREND Trustee 12 May 2022
None on record
Dr Rosie Llewellyn-Jones Trustee 12 May 2022
None on record
Francois de Blois Trustee 27 May 2021
None on record
Professor Sanjoy Bhattacharya Trustee 27 May 2021
None on record
Professor Deborah Swallow Trustee 27 May 2021
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 £478.31k £412.73k £470.44k £527.73k £540.47k
Total expenditure £516.46k £514.53k £550.18k £602.74k £664.48k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £28.89k £46.91k N/A N/A
Income - Donations and legacies N/A N/A N/A £16.60k £25.04k
Income - Other trading activities N/A N/A N/A £345.32k £325.72k
Income - Charitable activities N/A N/A N/A £0 £0
Income - Endowments N/A N/A N/A £0 £0
Income - Investment N/A N/A N/A £91.88k £100.95k
Income - Other N/A N/A N/A £73.93k £88.76k
Income - Legacies N/A N/A N/A £0 £0
Expenditure - Charitable activities N/A N/A N/A £586.79k £646.07k
Expenditure - Raising funds N/A N/A N/A £15.95k £18.42k
Expenditure - Governance N/A N/A N/A £138.72k £151.26k
Expenditure - Grants institution N/A N/A N/A £0 £0
Expenditure - Investment management N/A N/A N/A £15.95k £15.35k
Expenditure - Other N/A N/A N/A £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 N/A N/A N/A £2.62m £2.56m
Long-term investments N/A N/A N/A £2.58m £2.38m
Other assets N/A N/A N/A £289.82k £472.57k
Defined benefit pension scheme asset or liability N/A N/A N/A £0 £0
Total liabilities N/A N/A N/A £163.18k £182.58k

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 28 October 2024 On Time
Accounts and TAR 31 December 2023 28 October 2024 On Time Download Open in new window
Annual return 31 December 2022 26 October 2023 On Time
Accounts and TAR 31 December 2022 26 October 2023 On Time Download Open in new window
Annual return 31 December 2021 31 October 2022 On Time
Accounts and TAR 31 December 2021

(These accounts
have been qualified)

31 October 2022 On Time Download Open in new window
Annual return 31 December 2020 22 October 2021 On Time
Accounts and TAR 31 December 2020 22 October 2021 On Time Download Open in new window
Annual return 31 December 2019 29 October 2020 On Time
Accounts and TAR 31 December 2019 29 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.

ROYAL CHARTER DATED 11/08/1824.

Charitable objects

THE STUDY AND DISSEMINATION OF KNOWLEDGE ABOUT THE ARCHAEOLOGY, ART, HISTORY, LANGUAGE, LITERATURE, BELIEFS AND CUSTOMS OF THE EAST.

Area of benefit

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

NATIONAL AND WORLDWIDE.

Linked charities

Linked charities
Linked charity 209629-2 BURTON MEMORIAL
Governing document
TRIENNIAL SILVER MEDAL FOUNDED 1923.
Charitable objects
FOR EMINENT SERVICES IN ORIENTAL EXPLORATION AND RESEARCH, WHO IS INVITED TO DELIVER A LECTURE.
Area of benefit
NOT DEFINED
Registration history
  • 22 September 1962 : Standard registration
  • 14 June 1994 : Removed

Contact information

Address:
14 STEPHENSON WAY
LONDON
NW1 2HD
Phone:
02073884539
Email:
info@royalasiaticsociety.org
Website:

www.royalasiaticsociety.org Open in new window