THE PHYSIOLOGICAL SOCIETY

Charity number: 211585
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Society's main aims are to promote the advancement of physiology and to facilitate communication, both between scientists and with the wider public, through: the publication of scientific journals; support for scientific meetings; grants to allow physiologists to attend scientific meetings and develop research collaborations; and by supporting education and outreach activities.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£4,330,000

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Donations and legacies £3.00k
Charitable activities £3.84m
Other trading activities £0
Investments £483.00k
Other £0

Total expenditure:
£3,898,000

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Raising funds £48.00k
Charitable activities £3.73m
Other £120.00k

-£20,000 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £168.00k
Charitable expenditure £3.73m
Retained for future use £432.00k

People

25 Employee(s)

12 Trustee(s)

700 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£80k to £90k 1
£130k to £140k 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
  • The Advancement Of Health Or Saving Of Lives
  • Accommodation/housing
  • Arts/culture/heritage/science
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • City Of Westminster
  • Islington

Governance

Registration history:
  • 28 September 1962: Standard registration
  • 20 October 2014: Funds received from 279143 THE BAYLISS AND STARLING SOCIETY
  • 26 March 2019: Funds received from 272800 THE BENEVOLENT FUND OF THE PHYSIOLOGICAL SOCIETY
Organisation type:
Charitable company
Other names:

No other names

Company number:
00323575 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints 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
  • Serious incident reporting 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

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Annette Catherine Dolphin FRS Chair 02 December 2022
THE ROYAL SOCIETY OF LONDON FOR IMPROVING NATURAL KNOWLEDGE (COMMONLY KNOWN AS THE ROYAL SOCIETY)
Received: On time
Dr Fearon Clare Cassidy Trustee 29 November 2024
None on record
Professor David James Angus Wyllie Trustee 29 November 2024
None on record
Dr Richard Peter Marshall Trustee 01 December 2023
None on record
Dr Nephtali Marina-Gonzalez Trustee 02 December 2022
None on record
Professor Andrew John Parker Trustee 02 December 2022
None on record
Professor Hugh Edward Montgomery Trustee 02 December 2022
THE INTENSIVE CARE SOCIETY
Received: On time
THE TOPSY FOUNDATION UK
Received: On time
Professor Paul McLoughlin Trustee 19 November 2021
None on record
Dr Catherine Hall Trustee 19 November 2021
None on record
Professor Michael Tipton Trustee 19 November 2021
None on record
Professor Heidi de Wet Trustee 19 November 2021
ST CATHERINE'S COLLEGE IN THE UNIVERSITY OF OXFORD
Received: On time
Professor Aine Kelly Trustee 19 November 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 £4.81m £4.45m £4.13m £4.15m £4.33m
Total expenditure £4.69m £3.59m £3.80m £4.02m £3.90m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 £11.00k £3.00k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £4.41m £4.09m £3.80m £3.80m £3.84m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £397.00k £365.00k £326.00k £342.00k £483.00k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £5.50k £0
Expenditure - Charitable activities £4.47m £3.39m £3.62m £3.96m £3.73m
Expenditure - Raising funds £32.00k £22.00k £31.00k £53.00k £48.00k
Expenditure - Governance £180.00k £146.00k £200.00k £273.00k £950.00k
Expenditure - Grants institution £36.00k £3.00k £3.00k £0 £0
Expenditure - Investment management £32.00k £22.00k £31.00k £53.00k £48.00k
Expenditure - Other £191.00k £179.00k £153.00k £0 £120.00k

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 £2.05m £1.93m £1.81m £1.75m £1.44m
Long-term investments £13.37m £12.42m £14.52m £12.54m £12.95m
Other assets £4.18m £6.25m £5.31m £4.75m £5.03m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £3.92m £4.11m £3.85m £3.27m £3.27m

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 18 October 2024 On Time
Accounts and TAR 31 December 2023 18 October 2024 On Time Download Open in new window
Annual return 31 December 2022 09 October 2023 On Time
Accounts and TAR 31 December 2022 09 October 2023 On Time Download Open in new window
Annual return 31 December 2021 11 October 2022 On Time
Accounts and TAR 31 December 2021 11 October 2022 On Time Download Open in new window
Annual return 31 December 2020 07 September 2021 On Time
Accounts and TAR 31 December 2020 07 September 2021 On Time Download Open in new window
Annual return 31 December 2019 07 October 2020 On Time
Accounts and TAR 31 December 2019 07 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 27/01/1937 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27/03/1982 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/06/1985 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27/07/1990 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/12/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05/07/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 11/07/2007 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 17/03/2008 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 13/07/2011 as amended on 31 Jul 2016 as amended on 10 Dec 2019 as amended on 10 Dec 2019

Charitable objects

TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE ADVANCEMENT OF PHYSIOLOGY AND TO FACILITATE THE INTERCOURSE OF PHYSIOLOGISTS, BOTH AT HOME AND ABROAD AND THEREBY CONTRIBUTE TO THE PROGRESS AND UNDERSTANDING OF BIO-MEDICAL AND RELATED SCIENCES AND THE DETECTION,PREVENTION AND TREATMENT OF DISEASE, DISABILITY AND MALFUNCTION OF PHYSICAL PROCESSES IN ALL FORMS OF LIFE.

Area of benefit

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

NOT DEFINED

Contact information

Address:
The Physiological Society
Hodgkin Huxley House
30 Farringdon Lane
LONDON
EC1R 3AW
Phone:
02072695720
Email:
governance@physoc.org
Website:

www.physoc.org Open in new window