Charity overview

Activities - how the charity spends its money

The Society of Occupational Medicine (SOM) is the largest and oldest national professional organisation of individuals with an interest in occupational health . SOM membership is for anyone working in and with an interest in occupational health. Membership demonstrates a commitment to improving health at work, supports professional development and improves future employability.

Income and expenditure

Data for financial year ending 31 December 2018

Total income:
£760,301

	Donations and legacies	£0
	Charitable activities	£602.51k
	Other trading activities	£144.48k
	Investments	£13.31k
	Other	£0

Total expenditure:
£859,736

	Raising funds	£0
	Charitable activities	£859.74k
	Other	£0

-£37,467 investments gains (losses)

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.

	Raising funds and other expenditure	£0
	Charitable expenditure	£859.74k

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

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:

The General Public/mankind

How the charity helps:

Provides Advocacy/advice/information

Where the charity operates:

Throughout England And Wales
Northern Ireland
Scotland

Governance

Registration history:

05 December 1974: Standard registration
06 January 2016: Funds received from 285532 THE HONORARY TREASURER'S FUND
02 March 2020: Funds transferred to 1184142 THE SOCIETY OF OCCUPATIONAL MEDICINE
02 March 2020: Removed (Amalgamated)

Organisation type:

Other

Other names:

SOM (Working name)

Gift aid:

Not recognised by HMRC for gift aid

Other regulators:

No information available

Policies:

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Volunteer management

Land and property:

This charity does not own and/or lease land or property

Financial history

Financial period end date

Income / Expenditure	31/12/2014	31/12/2015	31/12/2016	31/12/2017	31/12/2018
Total gross income	£686.58k	£1.03m	£821.55k	£765.37k	£760.30k
Total expenditure	£661.58k	£648.24k	£846.83k	£849.29k	£859.74k
Income from government contracts	N/A	£0	£0	£3.96k	N/A
Income from government grants	N/A	£0	£0	£3.96k	N/A
Income - Donations and legacies	£235.88k	£250.09k	£9.79k	£3.38k	£0
Income - Other trading activities	£0	£0	£157.27k	£123.45k	£144.48k
Income - Charitable activities	£429.01k	£400.69k	£638.22k	£624.14k	£602.51k
Income - Endowments	£0	£0	£0	£0	£0
Income - Investment	£5.23k	£6.60k	£16.27k	£14.40k	£13.31k
Income - Other	£16.45k	£370.15k	£0	£0	£0
Income - Legacies	£0	£0	£0	£0	£0
Expenditure - Charitable activities	£586.58k	£576.67k	£607.60k	£842.07k	£859.74k
Expenditure - Raising funds	N/A	N/A	£6.50k	£7.23k	£0
Expenditure - Governance	£73.73k	£69.13k	£0	£0	£56.95k
Expenditure - Grants institution	£0	£0	£0	£0	£0
Expenditure - Investment management	£1.27k	£2.43k	£0	£805	£0
Expenditure - Other	£0	£0	£232.73k	£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.

Asset / Liability	31/12/2014	31/12/2015	31/12/2016	31/12/2017	31/12/2018
Own use assets	£6.97k	£2.20k	£57.93k	£50.12k	£37.17k
Long-term investments	£227.33k	£528.60k	£570.51k	£584.55k	£504.95k
Other assets	£423.90k	£490.03k	£390.19k	£334.69k	£315.42k
Defined benefit pension scheme asset or liability	£0	£0	£0	£0	£0
Total liabilities	£124.73k	£103.49k	£164.66k	£156.09k	£168.86k

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
Annual return	31 December 2019	Not submitted
Accounts and TAR	31 December 2019	Not submitted
Annual return	31 December 2018	23 July 2019	On Time
Accounts and TAR	31 December 2018	23 July 2019	On Time
Annual return	31 December 2017	06 July 2018	On Time
Accounts and TAR	31 December 2017	06 July 2018	On Time
Annual return	31 December 2016	03 July 2017	On Time
Accounts and TAR	31 December 2016	03 July 2017	On Time

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.

CONSTITUTION ADOPTED 26/03/1965 AS AMENDED ON 22/10/1965 AS AMENDED ON 25/10/1974 AS AMENDED ON 26/10/1979 AS AMENDED ON 30/10/1992 AS AMENDED ON 27/10/1995 AS AMENDED ON 07/11/2002 AS AMENDED ON 24/03/2006 AS AMENDED ON 08/10/2009 AS AMENDED ON 07/06/2010 AS AMENDED ON 19/06/2012 AS AMENDED ON 01/07/2014 AS AMENDED ON 27 JUN 2017

Charitable objects

THE SOCIETY'S OBJECTS ARE: 1 PREVENTION AND MANAGEMENT OF WORK-RELATED ILL HEALTH, OCCUPATIONAL DISEASES AND INJURIES AND THE PROTECTION OF HEALTH OF PEOPLE AT WORK; 2 THE RELIEF OF THOSE IN NEED DUE TO ILL-HEALTH, DISEASE, INJURY OR DISABILITY BY SUPPORTING THEM TO KEEP IN WORK OR ASSIST THEM TO GET INTO WORK 3 ADVANCING EDUCATION, INCLUDING THE PROMOTION AND STIMULATION OF RESEARCH IN THE FIELD OF OCCUPATIONAL HEALTH AND MEDICINE AND RELATED ENVIRONMENTAL ISSUES, IN PARTICULAR BY THE PUBLICATION OF SUCH RESEARCH AND THE PROVISION OF GUIDANCE AND ADVICE ON OCCUPATIONAL HEALTH AND MEDICINE AND ENVIRONMENTAL HEALTH ISSUES, INCLUDING BY FORMING FOR THE ABOVE PURPOSES A GROUP OF MEDICAL PRACTITIONERS, NURSES AND ALLIED HEALTH PROFESSIONALS INTERESTED IN THE PRACTICE OF OCCUPATIONAL HEALTH AND MEDICINE IN ANY OF ITS BRANCHES.

Area of benefit

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

NOT DEFINED

THE SOCIETY OF OCCUPATIONAL MEDICINE