Finance Score: -4
Governance Score: 4
Support Score: 6
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Reasonable growth: +1
  • Fundraising costs high: -3
  • 12+ Trustees: -1
  • Good trustee age range: +3
  • Dynamic board: +3
  • Mainly male board: -1
  • Large volunteers +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 6 ?

THE ROYAL PHILATELIC SOCIETY, LONDON 

The advancement of education by promoting, encouraging and contributing to the scientific study and practice of Philately in all its branches for the benefit of the public.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received Government grants
  • This charity has a robust balance sheet
  • There has been reasonable growth in spending over the last 3 years relative to the previous period
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are 18 trustees whereas the Charities Commission recommends a maximum of 12
  • The Board is predominantly male

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £13,668,141 available, equivalent to 178 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are high relative to funds raised

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
31/12/22£962£922£40£151£16,010£13,668177.97250
31/12/21£826£794£32£118£16,098£13,565204.98250
31/12/20£1,787£816£971£146£15,904£13,610200.18250
31/12/19£996£884£111£118£15,027£12,594170.96250
31/12/18£1,094£599£496£110£14,687£11,435229.26250
31/12/17£579£500£79£134£14,598£11,047265.370
31/12/16£539£585£-46£138£4,310£95719.670
31/12/15£504£501£2£118£4,029£92322.150
31/12/14£462£457£5£0£0£0n/a00
31/12/13£361£397£-36£0£0£0n/a00
31/12/12£367£317£50£0£0£0n/a00
31/12/11*£415£330£85£0£0£0n/a00
31/12/10£437£343£94£0£0£0n/a00
31/12/09£296£439£-142£0£0£0n/a00
31/12/08£638£444£193£184£1,064£78121.130
31/12/07£327£687£-360£0£0£0n/a00
31/12/06£334£332£2£0£0£0n/a00
31/12/05£284£249£35£0£0£0n/a00
31/12/04£241£214£28£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 25.1%
Fundraising Costs/Total Spending: 17.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 7%
Liabilities/Income: 127%
Unrestricted Funds/Total Funds: 85%
Reserves/Spending: 177.9 months
Net Current Assets/Spending: 15 months
Quick Ratio: 3.2
Asset Split ?
Established: 41 years
(117 years as a company)

www.rpsl.org.uk

secretary@rpsl.org.uk

020 7935 7332

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Acts as an umbrella or resource body
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
Where it operates
  • Scotland, Throughout England And Wales,
Who it helps
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 7 employees
  • 250 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (18)
Current Trustees appointed
Gender Split
Based on 17/18 persons

Age Range of Trustees: 41-77
Legal constitution
  • Charitable company registered in England & Wales on 12/04/1983, number: 286840
  • Registered at Companies House on 01/03/1907, number: 00092352
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; AR11: 24 days late,
Main office

15 Abchurch Lane
London
EC4N 7BW

Objectives

THE ADVANCEMENT OF EDUCATION BY PROMOTING, ENCOURAGING, AND CONTRIBUTING TO THE SCIENTIFIC STUDY AND PRACTICE OF PHILATELY IN ALL ITS BRANCHES FOR THE BENEFIT OF THE PUBLIC.

Defined Area of Benefit:

UNDEFINED

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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