Finance Score: -5
Governance Score: 6
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Fundraising costs high: -3
  • Good trustee age range: +3
  • Dynamic board: +3
  • No supporters identified
Overall GiG Score: 1 ?

ROYAL MEDICAL BENEVOLENT FUND 

2.1 The objects of the Charity are to prevent or relieve poverty and to relieve need arising from youth, age, ill health, disability and bereavement among people who are doctors or who have worked as doctors, and medical students and the dependants of such individuals
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £34,856,181 available, equivalent to 242 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are extremely high relative to funds raised
Established: 60 years
(109 years as a company)

www.rmbf.org

info@rmbf.org

02085409194

Charity Commission for England and WalesCompanies HouseFacebookInstagramX

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£1,483£1,732£-249£164£36,844£34,856241.512200
31/03/22£1,218£1,524£-306£189£38,879£36,798289.713200
31/03/21£1,196£1,481£-285£175£37,046£35,136284.713200
31/03/20£1,434£1,653£-219£181£32,136£30,552221.812192
31/03/19£1,112£1,735£-623£170£33,333£31,723219.412250
31/03/18£1,733£1,637£96£163£32,693£31,194228.7120
31/03/17£993£1,566£-574£188£32,887£31,413240.7120
31/03/16£1,224£1,354£-130£154£29,848£28,559253.1120
31/03/15£1,105£1,298£-193£135£31,587£30,255279.7100
31/03/14£1,515£1,550£-35£121£28,885£27,665214.1110
31/03/13£1,900£1,482£418£150£28,965£27,691224.2110
31/03/12£1,684£1,407£277£162£25,774£24,566209.5100
31/03/11£1,777£1,545£232£212£26,378£25,154195.4100
31/03/10£1,393£1,460£-66£166£25,067£23,985197.2100
31/03/09£2,085£1,468£617£199£20,206£19,339158.180
31/03/08£4,607£1,447£3,160£275£24,202£23,055191.290
31/03/07£1,723£1,424£299£268£23,084£21,875184.4100
31/03/06£1,195£1,317£-122£0£0£0n/a00
31/03/05£1,272£1,322£-51£0£0£0n/a00
31/03/04£1,278£1,188£91£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 32.6%
Fundraising Costs/Total Spending: 12.6%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 0%
Liabilities/Income: 11%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 241.5 months
Net Current Assets/Spending: 6 months
Quick Ratio: 5.6
Asset Split ?
Listed activities
  • The Prevention Or Relief Of Poverty
How it operates
  • Makes Grants to Individuals
  • Provides advocacy/advice/information
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • Other Defined Groups
Who works here?
  • 12 employees
  • 200 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed

Age Range of Trustees: 36-73
Legal constitution
  • Charitable company registered in England & Wales on 09/01/1964, number: 207275
  • Registered at Companies House on 25/01/1915, number: 00139113
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Other Regulators
  • Financial Conduct Authority
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • 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
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from JOHN MOUNTAIN MEMORIAL FUND on 24/11/2021
  • Asset transfer in from THE DUDLEY ROAD HOSPITAL BENEVOLENT FUND on 28/01/2022
Main office

24 KING'S ROAD
LONDON
SW19 8QN

Objectives

TO PREVENT OR RELIEVE POVERTY AND TO RELIEVE NEED ARISING FROM YOUTH, AGE, ILL HEALTH, DISABILITY AND BEREAVEMENT AMONG PEOPLE WHO ARE DOCTORS OR WHO HAVE WORKED AS DOCTORS, AND MEDICAL STUDENTS AND THE DEPENDANTS OF SUCH INDIVIDUALS

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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