irtUalS4gfflaiureTranSac￿￿ Ref 22D7-2WRP.RXRD 21 klay2026 14..1224 B5Tiufc +1> D 111 P 1152 The Incorporated SOCIETY FOR PSYCHICAL RESEARCH fsYCHIc st. 1881 ANNUAL REPORT AND STATEMENT OF ACCOUNTS I" October 2024 to 30 September 2025 Council. Officcrs, Staff and Adviscrs.................. Prcsidcnl's Rcport Rcscarch Rcscarch Cjrants Comiiiittcc Buckma51er Oversighi Coinmiiiee . Sponiancous Cases Commiiiee........................ Survival Research Committee Library . Archives F.ducalion and Publicily Websiie Manager . The Joitrnal . Themaga-ine.............................................. Annual Conf¢rcnce . 10 Sccrclary's Rcporr . io Data Protcclion OtTiccr's Rcport ............................ Thc Financial Posilion.......................................... 12 Agenda for 2026A.G.M............................... 13 Minutesof2025 A.G.M................................ 14 Notes on Candidates for Election to Council 15 A Company Limited by Guarantee RegibteTed No. 44861 Eng13nd Rtgistered Charity No. 207325 irtUalS4gfflaiureTranSac￿￿ Ref 22D7-2WRP.RXRD 21 klay2026 14..1224 B5Tiufc +1> D If1 P 2ffj2 COUNCIL, OFFICERS, STAFF AND ADVISERS as of30" September 2025 Presidelll: Prof. c. A. Il'att. M.A., PhD Vice-President5 Prof. A. D. Parkcr, Mi¥, PhD Prof. J. C. Poynron. MSC. PhD Prof. C. A. Roe. BSC, Msc. PhD, AFBPSS Dr R. S. Broughion, BA. PhD Prof. B. J. Carr. MA. PhD Prvf. D. L. D¢ldnvy. BA. PhD Elected Members of Council Iloi'ihepiiipo.%e of iljf C"onipaJiie.f .4ci YINIO ihe elertedmemherF ofjcouncil are direcior.F) Mrs J. A. Rousscau. Bsc DTT. H. Ruffl¢s. BS¢, BA, MA, PhD, ARPS DT L. RuiLkbie. BA, MA. PhD. ASSLL. of King's College Mr A. P. Ryan DT M. J. Willin. Bmus. Mmus. PhD. LRAM Mrs M. E. Banon Dr R. S. Broughion, BA. PhD Prof. B. J. Carr, MA, PhD Dr B. G. Colvirt. Bsc, PhD Prof. C. F.. Cooper, BSC. MR¢s. PhD, CPsyehol.. FHEA Mr C. J. FarrLII, Bse. GRSC MT J. Fra&L'r. BA Dr G. T. B. Kidd. MBBS. MRCPsvch MT R. ti.Mcl.uhan. HA. HLiii MT A. D. Mutdie, LLB Pwf. A. D. Parker. MA. PhD Prof. C. A. Roe. Bsc. MS¢, PhD, AFBPSS Dr t). N. Rousseau. BSC. Pht) Cffvopted Members of Coun¢ll Dr D. L. Erickson, MBA. PhD MT A Knibb Mr S. T, Par%ons Dr M. B. SLhofJeld, BSC, MRCS, PhD Dr D. J. Vcmon. BS¢. PhD Pruf. c. A. Wail. M.A.. PhD DT Z. W¢avcT. BA, PhD Dr A. Winspcr, PhD Dr D. Thoinas. PhD Mrs T. Tuijl Couneil Appoinim¢nts l)r Kithl mcérs.. l)th¢r appolntmeni*: Il¢kn. b'.dllibr. JiburnAI & ProceodlnRJ t)r Vw HOTh. Tre*surer Dr Fln)uuhion Hon. Archiies l.IAi%ttn (>llicer l)r Willin Hon. Mfbslic Man*pcr- l)r I'"riLk¥in Il"¢hslt¢ ('thnieni Il*nAgtr- Klr N¢mii M(ir¢k Data Protccrfon ()ffictr- VT1'3rrL'II H•th. Ilotsk Rci.I¢v4 Tr.dfttrr. J%IIR- Mr Nemi? MÉir¢k A*%&clo11, Tr'.dlior l)r W'Lty%'LY IlTrn. b..dIl￿r,'fh£ MaRqI.Inc Mr (iiYd(>n Ruiier Hthn. Cthmmunl¢Allthn¥ um¢cr- l)r Ruffles SEtrtt*r¥: Mr Pd¢rJoh*son l.Ibr*rl*n: Kareth Paiel cO￿n(lI Commillees ChaIrn￿n lombcr Prof. CArr Dr F.rick￿￿. Mr Mcc Bnxiks. Dr Ruickbic, Dajnon Siinms, Dr Schofield, Nick TeThell. Tuijl. Dt Weavei. Dr Winsper. Di Ut5ula Wolski Prof. CoopEr Barton. Dt Matihew Colborn. Dr Rou55eau. Dr David SaundetS Con(erenee Prngramme Pr4)r. c(w Prof.Carr. Mr MLmlic. Prof. Parkcr. Pwf. Ro¢. Dr Ruffl CoThmlttee F.ducatlon & Publlclly R￿c￿rth Gr*n15 Buckmagter Overyl%ht Library .Spontaneous CAS Dr Kidd Banks CAF Bank. 25 Kings Hill Avenue. Kings Hill. W¢st Malling. ME19 4JQ Naiwest, Kensingion Royal Garden. P O Box 2341. 55 Kensington High Sireel. London. W8 5ZG Registered Address: I Vernon Meivs, London, W14 ORL A Company Limited by CJUalXlitee. Regi%tered No.44861 Ertgland. Registered Charity No. 207325 VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 PW ANNUAL REPORT Report of the President - Professor Caroline Watt m(Klel aligtLS JSPR with del'elopments across scicntifjc rcsearch and publishing las docs Psi npcn Datal. and w'ill drdmatically increase thc readership of JSPR articles and support one of the loi)bie51-runninb aciivilies of ihe SPR. This publi%hing model includes giving each joumal irem (including book rcvicwsl pernianent idenrificarion codes IDibFltal Object Idcnlifiers- tX)Isl as well a5 providiiiu 8uihoT ORCID data lallowing readers io locaic oiher papcrs by IhL sam¢ author). Funh¢rn)or¢, David and l)is team (including Ass(￿lale Ediior. Zofia W¢aN'¢r and Ediiorial Assisthnt. Taimmy Dempsierl have moved J%PR io a ne￿ hosiing plaifom) Inanagcd by l)pcn Journal Sysicnis. As Cxplaincd in more dctail in his rewrt. Ihis plaiform enHbles Ilie mana¥einenl ol. all aspects of juumal produLIiLlI). IrL)m subn)issioi) lo publishing. The July 2(Tr25 edill()n w'ab Ihe firsl full dnd op¢n aL¢¢ss ¢diliun publish¢d on Ihis plaifonn. As David rein1￿k.4. there 14 ￿Ork still lu be dunt. but mLJntime many conbiraiuldiion% l() David and hi% ieam for all iheir hard ￿ork io ensure JSPR ¥oes from sir¢ngth Iv slr¢ngth. As can bc qeen from ihe fourtecn re￿￿% below. a grcat dcal of work has gone inio making 1st Ociobcr 2024 10 30th September 2025 an extremely produclive period for ihe SPR. The widc-ranging aciivilies of the variou% comniiiiecs and cnicrprisc8 are ic81imony io thc dcdieation and drive shown by offjce holders. commillLL Lhair5 mertlbers, a5 well as by all who participate in the SPR'S regular meeiings of Council. I'iii grateful lo all ofih¢s¢ individuals who in Jun¢ 2025 vol¢d to SlLPPOrt my nominaiion as Prcsidcni and kindly welcomed me to C"ouncil. At the saine lime. Council cxprcsqcd its graliiudc ¢0 Prof Adrian Parker, now Vicc-Prcsident. for his cxccllcni Icad¥rship over Ihe past fuur years. I'd like lo draw aiieniion lo jusi a few highlighis Irom whdi ha& b¢¢n d v¢ry busy periud f(Trr the SPR. Perhdp4 the mo%t sigrniliLdnl event to OLLur this yeyr. pr()i'idinbJ litiil %upp()rt ltir one of ihe lounding iniere%l% ol'ihe SPR. a further dei'elopmeni r¢bTai r(ling th¢ %ub%ldniial J¢)nalion uf£500.(M)O by Prof YLw-Kwanb7 Nb (you may rccull that Prof NbJ'.% bijft wa% Iir%l thnnounccd in the 2023-2024 Annual RLVbrt). Tog¥thcr wilh an inlendLMI lunher gcncrou% gift in his legd¢y. Prof N¥,% wish is for thi.% dgndlion lo %uprKTrrt %urvi￿al rc%carch in pcry)ctuity. Accordinb lo ProfNg's wishLs, Council voted ¢0 rendme thL SPR'5 Sujwival ResedfLh Fund Ihe yth1._K￿dn% Ng i ￿".4] )L'l Fund for Surn'ival RL%Larch. Awards for rcsLarch projecis upporlld hy ihe nlw fund are to b¢ made via ihe Survival Rcsiarch Lonimilt¢¢ which is noiv ¢haircd by Prof. Looper. I woiild like (o thank Marian Barton for her rem£irk Ihc Ihcory irsi Sighi. using ihc ljcm 'leelin¥ the lutiire, paradigni- lunding reques1 lor phas¢ 3 - L7,0(X).00 Rodri%0 Ilontene%ro- Ncuropliysiological and Phciioincnological EffLc15 of IPBM oli s￿ChrOnIzed RF.M States". A C"omparative Analysis of REM Lucidiry- £7,(KKI.IKTr Mal¢Dlm S¢hofield- I f¢¢l. th¢r¢for¢ l ain.. Invesiigaiing ￿,hat cmoiions underly (he variables il)at corrclaic wilh paranonnal ixlief and cxpcricncc - £6.9112.95 The ioial valu¢ ofgranls award¢d this y¢èr is £26.649.35. I would likc to encouragL SPR membcrs to considcr making donaiions andlor b¢queslS specifically lo the SPR'5 R¢search Fund. so ihal ¢an ¢onlinu¢ 10 support this importani work far inio the future. Report of the Buckmaster Ol'iirsixht Committee (BOC) Chairman: Dr Riehard.%. Broughion progress has been made ihis yc4r and ihai publication is 'within si8hi'. Thc rolc of Ihc B(ickm1￿ sicr Oiersighi C"ommiitcc is io overbee ihe projeLlb Jpproied by C'ounLil ihJi are funded by d l¢¥a¢y froin Mr Nigel Buikma>ler. The Buikina¥l¢r fund was inlend¢d tv be spent down in pur5uiI of ils ainLS nd now, dfter over 10 ye1c rs vf aLli%'ely s(Ipponin¥ projeLlb, il is beginning lo wind dO￿.n owaiions. The R()usseaus r¢pori¢d tl)al bignili¢dnl progr¢sb lia been Ina¢Je on prdclical handbook foi applying Sy&ieii)s Meth￿￿]￿¥Y. alihuu¥h the ainvuni uf researLh needed io be done for ihe proje¢1 had been signifiiantly undcrcslimatcd. Tliis cxtrd Work has now bccn complctcd but doli)8 It cau5cd a dclay to thc book completion milestone. Ilai'ing resull'ed sisnificant personal and family chall¥ngL8 th¢ Rou%scaux n'port that progrc%s ￿111 accclcratc. Thcy aTC cU￿entlY w'orking on intcgrdting and cditin¥ rclc&ant matciials into the planned iyjok fonna¢. A dciailLd outlinc ol'ihL Lx)ok stru¢luTe and description of ihe ¢onienls of each section ha5 kcn 5harcd w'ith the BOC. Thc SPR'S onlinc P%i Encyclopcdia, thc flasship project ol'thc Bu¢kmabier fund cvntinueb lu profv.ide an unmatchLd online infomialion souw¢ for Psychical Rcsearch and dominatcs %carch enginc rcsulL% for many P5}'chicdl rcscarch topics. This M'as onc of thc original goals or roundLY and Ediior Robert McLuhan and li has been more ihan met. This year has seen a hosl of new topics addcd along with cditorial improvements and cnh£inccd web links acro55 the site. Con5iderdble effort has been put inio designing and moving the eniire contcnls of thc cncyclopcdia onto a ncw web platfonn that 15 expcclcd to be rcady late in 2025. Further details ol. lis activities this year are in the repon ofthe Education and Publicity Committee. After a review of hosting options as well as the irends in archiving rcscarch data. Adrian R}'an, dircctor of thc Psi Opcn Data Svstcms. Inigratcd the entirc collcction to Zen(yJo, an open access dala reposiiory operated by C ERN under ihe EurL)pean OpenAIRE program. This not onl) climinaics liosting cosi%, but, Jnorc iinpi)rtantly, offeT5 wider exp05Ule through DOI IDigTilal Object Ideniifiers) and firni placemeni w'ithin the Open Science ¢omJnunity- Alr¢ady, across th¢ 24 data wts curr¢ntly available. the site is recording hundreds of downloads of The two printed volume5 of the Is There Life After Deathg book projeci ihat are ass￿la￿d M'iih this projeci r¢Jnain d¢lay¢d although cditor L¢0 Rui¢kbi¢ r¢p)rts that VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P different (iata seis. Psi Open Data eontinues to be Mal￿ged by Mr Ryan, and it is still accessed througb the SPR web 51te. Despiie ongoing delays in two components of the s¢v¢ral BU(kn￿Ster projects the solid success ofthe Psi Ellcyclopedia as M'ell as the acadernic acLoinplishments of the other projects Continue to deliier the benefits of Mr Bu¢knllst¢r's legacy. Report of the Spontaneous Cases Committee Chairman: Dr Graham Kidd New memberb Coopted during the pasi year include Rachel E.N'eden, Ursula Wolski, Damon Simms, TyLean Tuijl, Shvila PryLe Bivoks. and Ann Winspei whu has returned 10 thL told. Thi8 iniake has iweD viral in spreading the load exaniine at least some of the 270 cases thai Beth has circulaiLd ok'Lr Ihc past year. Wlial we lack in t¢rn￿ of substantial poliergeisi cases WL makL up for ill investi¥atin¥ cxpeTien¢es that are reponcd ihrou&Trh ihc websire. Oi'cr Ihc past ycar wc have re¢civcd somc 274 cags ¢ir¢ulal¢d ¢ffJ¢icnily by our Cas¢ L'.oordinator Beth Darlingron. signiflcantly morc than previous ycars wliich wcrc aboiii 2(Xl cach year. This ycar Lases h￿1ve inLluded 12 aPP4Lritiuns, 10 MediuinibliL LlaiiT]S. ¥ JO'l'Tb. 6 Poliergei515. 4 OIJL ￿DL.￿. 4 Orbs. 46 phoiol videos. 2 ADCS, 5 Poss¢ssions, 6 EVPS. 6 PK5. 2 SynLhruniLily. I X H4LLintirt¥%, 3 Cl£1irvoyanLe Lldims. ly Prcmonition%, (i uroi alicn coniaci8. 4 Healing8, S Timc To the equipmcnt availablc for field rc.%carch ai Vemon lip4. 2 RLinLarnaiion4, and 2 Ivitchcrnft re￿rts. Nol M¢ws. Tony Hd)'L% ha4 kindly ddded a CC'TV %y4lcin und 4urpri%inb>ly, noi every cdsc bccn explorcd In detsil. but ihrce EMF meier%. The rcccnily ac4uirL'd Wyrdo4copc haN l am hopctul that Ihc increa%ed mcmbcr4hip will ¢vcniually rcccnil). bcci) pui io ¢hc ic%1 by Tlarric Colvin aiid two of hi. re8nlvc thai deflciency. PK subjecL%. bul wiihoul W)8iIive Te4uII8 sn far. Ilopcfully Ihis will noi dcfleci from its beinbi IriLd Qui in (TriliLr ficld8. Sheila Pryce Brooks ib pursuing the etTecis of sleep paralysis and psychic phenoinena. Ann 1vins￿r is dLLumulatin¥ Titneslip Lases. TyLean Tuijl examines possession %iatc%. including the factors involved in its. development aiid Ilie expericncers of exorcists and healers. Aaron Lomas. our training offic¢r, continu¢s to explorc ihe effcct of Covid and the lockdown on pardnormal phcnomcna. Tony Hay¢s' Basildoi) policrsv¢ist ¢as¢ has it s¢¢nis Inorc less complcicly subsidcd following a subs¢aniial firc ofdoubtful causc in ihc house where il be¥an, furLiiig Ihe f4Lniily lu relL)Lale. Some lesser phenoinena did foll()w Ihein for a whil¢. A full ￿rit¢ up is in th¢ otTin¥. Meanwhile ¢vcry m¢mI￿r is on¢ouragod to pur5U their partieular inieresi. Thc5e include the following: AshlLy Knibb is dcvLloping his Psi t)ynamics Rcscareh iinil &?nd 15 in Ilie prnccss of writin8 an explc1naiory article. He continues io updaie SCL ddtd pru[￿￿15. Our sccrctary Ciaran Farrcll continucs to do sterling work. wcll ¢ovcred by Ashlcy Knibb during Mr Farrcl's illness. for which thc SCC 15 Very bjratcful. Report of the Sun-iN'al Research Committee Chalrman: Prof. Callum Coopor I woiild firstly like lo offer my apprtiiation and ihanks lo Mts MaTian Barton. hal'ing led the Sutvival Research Committee ISRCI d5 Chair I l yearb having step￿1 down in this rolc in mid-?0?4. The role was immedidtely uftered uTr"er tu mt by the SRC. and l am proud io take on this wsilion. We are also grnieful io Dr DaN'id Rousseau. who a150 had to slcpdown duc to ramily circumbiances. but we awaii his reiurn when uch circumstance8 ￿￿cOMe morc comfonablc for him. l am thankful lo the committee membeT5.' Mt5 Marian Barton (who remains on the commit*e}, Dr Maiihew Colborn and Dr DaTrid Saiinders. recruitment of new members in July 2024, which he gladly approied. These new tnetnbers are Dr Rachael Ironside and Mr Matthew Amold. Despite the varivu5 changes to the SRC in the last year. Drs Colborn. Saunders. Rousseau. Mrs Borton and Mi Bury. all carcfully considcrcd i'arious application5 rec¢iKed for grants. and where possible, Dr Gauld ￿aS visitcd and infornicd of thc incoming projccLs bcm'ccn 2023-2024. ApplicatlOll5 Lncluded topics alea5 of.. after- death communication experiences, temiinal lucidity, past life meinories, pliotO8raphy and tlie afterlife, mediumship. experiences in the funeral industry and archival ￿ork and asswialed travel. Sadly, Dr Alan Cjauld passed away in t)ecember 2024. 50 too, Mr De]]nis Biiry. However, Mr Bury wa5 able to join an online SRC meeling regarding ihe The following are ihe awards we have made this VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 Pf452 year.. Prof￿50r Chris Roe 4nd Professor Callum Cooper- Inve%tigation of tht phenomenology and Irnpdct of perceii'ed direct and 5POntaneou5 After-Death Communications {continuarionl- £7.518.92 Dr Nlar)'ne I￿[￿tI5- Luciveille.. Phenomenological study on thL speLITum of iemiinal lucidity University of Lorrainc- £3,000.00 El4lne Rveroft - Evaluating the prcmise that Past Life Mcmnric% indicate ihat 'personaliry' sutvives death - £3095.( Aaron I,omas- The Phenomenology of Anonialous Expcricnccs R¢wrt¢d during ihc Covid PanilemiL - £2795.(K) Corrine Gretton-West- C'.ommuniLaiing Exceptiondl Human Experienc¢s through Photographic Art, Cuniinuaiion- £3150.00 Prof. Callum Cooper- for his rc%carch on Scon Ro&Jo and curTL5POll(k'ncc with Raymond Ba)'Ics5- £2fi11.1111 Patrlzio Tres501di Ilialyl- Living in lh¢ Aftcrlife cluLs ITI)m dirLLI L'xperiences. ITO £￿taIn dethiled informati()n aboui it. and hoM' Ihcy livc ihere from partlLipani% wh() claim to alTrle lo visit or con¢a¢l P¥opIL thLre.l £.I,n(In.(xi Prufc550r Chris Rue, Ashl¢e Lcwis-E4rl, RLsL'llrLh A5Si5tint, NL)rthgLIiiplon TIIL Truili in th¢ Libihi.. ConduLiing a sy51LmiL analysis of the Fenwick Il¢Lli()n l¢uniinu ￿llion1- l?.gfA.00 Klrs1> AIIAn- A New Bridbje between Ihe Phy%ical ind the P4yihicdl D¢leLting ¥yn¥hroniiily in the field (Il'c()nsci()Ii4lles4 during phy*ical mcdiumship prtKess whereby developing Spiritualist mediums learn 10 aithbute ieLeii'ed infotmaiion its osiensible psychic or dI￿arnate sources- £3,0(K).00 Corrine GreftoTh-IVest. Nurthampton- Communi¢aiing Excepiional Human Experiences through Photographic Art Icontinuationl- £2,695.00 i*lia Mwe l.*vln, Northampton - Afier-Deaih Communication Expcricnces in th¢ Funcrdl Industry- £3.000. It should be noted that the Gwen Tate Lectures have now Nn iheir course. as ￿ndS from thL (twen Tate lcgacy hav¢ sincc bccn us¢d for various projccts ov¢r lime. However. ￿'e are pleased ts) repori we l)ave reLei¥ed a %ubsthniial donation to ihe SRC.. from Professor ytW-K￿ang Ng &'JL- (Monash University, Australia). Part ul'ihL a¥rL*mLnt fur ihis IS that ¥ranis awardLxl by thc SRC in future arc to be givcn in hi namc.. Ye￿-KWanS Ng i*È?El Fund for SU￿1Val Rescarch Professor Ng has indieaied ihai the fund sl)ould be adMinis￿red as it is now, by rhe Survival Rcscarch Comrniitcc. and that thc fund4 41i()uld he Inanagicd to provide support in pcrpctuiry. Much likc il)e (iwcn Tate Lcciures, wc may bcgin 10 hold Ycw-Kwang Ng dili )i. Leciures. i)ceasionally. for successlul applicanls 10 rew)rt back 10 ihe SPR on their research. We Loniinue to support ihe Hon. ArLhiveli Liai8on Otlicer. Dr Melvyn Ivillin. We dl%0 re%pund to %urvival thCmL￿ ques1ion% Irom ihL Ilun. Coinmuiiiculiun o(ricer. Dr Tom Rufflc4 through the wcbsitc aiid various mcdia ouilcts which hc also managcs. i30X9.(KJ Felicltv 8 Klnnf rslei, Northampton - P%ychi¢ or Spirit'p A phLnoniLnologTiC&l1 invc%libation into ihe Repnrt of the I,Ibrarn Commlttee Chairman: Dr Tom Rufflcs Thc Library Committee approves acquisitions for the VLrnon me￿.5 librdry. IL% mcmbcrb arc Dr Kid(l. Mr McLuhan, Nemi) Miirk, John Ncwtan, Karcn Palcl (Librarian), Prof. Poynion. Dr Ruffles (Chair) and Dr Thc Library continucs to be open 01) Wcdlle￿day afternoons, aiiraciing bo¢h rcgiular and ocLa%ioi)dl u%crs fn)m the mcmbcrsliip, ￿'ClI a% inteTC%tcd nnn- member5. Requests 10 V15il at other time5 are arran8ed wilh the Secrelary. During the current reponing year, 112 loans were mad¢. El¢v¢n books w¢rc pU￿lIa$¢d. ai a Cosl of £168.92. while a filrther 60 book5 Iveie donaied. We are grateful to donors for iheir generosiij. The Librarian operates a &gle of Second-hand b￿kS av(iil(Ible (￿th in the libidfv dnd via Ihe website. For members unable io attend in person, a posthl loan s¢r%'ic¢ is availabl¢,' dclails can bc obiain¢d froin the Librarian. The libtary catslogue 15 on ihe websile. Also on ihe websiie ib ex1enbi￿e bLK)k inforniaiion, including reviews. compiled and edited by Content Manager Nemv Miirk. Hon. Archives Liaison Officer's Report Dr Melfvryn Wlllln Thc work of cataloguing and conscryation has continued a5 have regular i'isits to Cambridge Univcrsity Librarv ICULI wh¢rc relations with the sthff there aTe very positive. My cataloguing of the hitherto un-publishcd'Hauntings and Poltergcist Filcs, was particulaily welcomed bl. CUL and has ac4uiTed further in(cr¢s1 from res¢arch¢rs and othcr acadcmics. I made Use of the archive there myself when PTeparing for the VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P7￿2 external examination of a PhD student from Northampion Lniversily. In Ociobet I was ini'iied to Trinity College, Cambridge io pick up a donation of jvutndls dnd Tna¥azines previously belon¥ing io C.D. Circle's preN'ious mediwnistic activitie5. 1 arn still liaising with ihe Mei Film Company that made the BAFTA nominated Enfield wltergei%t serie% of documentaties. The cumpany 15 5eekin¥ spun50r5hip for a series ofdocumenthries devoied to other past invesiigations by the SPR. I have mairttained regular correspondence and mcctings with scN'cral SPR mcmbcrs and ihc gencrdl public. and vi5it5' to the SPR audio-visual aichii'e. held at my prcmiseq in NDrfnlk. have been made by PhD s￿dentS froTn England as well as a researcher froni the USA who was particularly impressed with the collection. Currcntlj. laciober 20251 J am cataloguing thc 'Mediums and Psychics files which are held at CUL,. I coniinuc io w(>rk I￿.1Th Rnbert McLuhan on the P.ii Encirlopediii; and frequently liaise with tl)e secretary Peter Johnson and the SPR librarian Karen Patel when th¢y rcc¢iv¢ qu¢ri¢s thai I can hclp with. Contact is also mainiained wilh severdl oiheT SPR Council rnember5 as and when wuired. During the past year I hai'e given various p(￿Ca$ l￿d broadcasts about the SPR archives and ree¢ntly wroiL an #rtLLIL Ln thL SPR'S Miigu=iiie. I was a con%uliani io Ben Machcll's book Clia.*ing iht Dark, which cxplorc5 Ihc cxcellenl investigative work cd￿le￿ out by Tony (.'orncll and I have algo involved in a projccl from Ireland which is iDvc51igating thc Goligher I have to report here th￿ despite Dr Gauld wriling to me oboui ihc hopc. the adminisiraiorl8 of hi% csiatc halc not follo￿ed through in linc with his wish that his book% and archii'c should k. depLi8ired wiih Ihc SPR after his deaih. las of October 20251. F.duc#tlon and Publlcltv Commlttee Chairman: Professor Bernard Carr ThL EdLicaiion and Piibliciry Commiiiee IEPCI oordindtes lh¥ 8PR's eduLc11ional Jc¢iviiies ond d¢v¢lups str£Ll¢gTi¢S fur publi¢ising th¢se. The promotion ol'vur evtrnl% is now priinurily Vi4L the inlernel and uur WLb%itL. W OLir membLr% inLlude DLknnh EriLk.%on 111(¥nordry Web%iie Mdlldgerl and Nemo MorLk IWLb%iiL ('unlLnl MLillLibverl. Other meJnb¢rs are Chris R()c. Rvbcrt MLLuhdn, Toffl Ruffles IHunorary C'ommuniLc11ion.% orriLerl and Gordon Ruiier lediior or Tlic, Mu&iu=ifricl. Sum¢ of Ih¢%e m¢mb¢r% repon their a¢tiviti¢4 m¢)r¢ fully in their indiiidual reports. N7￿ hm. CainerL)n Alldred¥c. RupLrt Sl)eldrakc and BLmard Cgff. In May 2025 Rodrigo Montenegro led 4-(lJy OBE exp¢ri¢ntial w'orkshop, Js a f(Trllow-up iu the OLlober 2024 %tudy day. The ComiTJill¥c al%u plays a part in ihe annual Lon(erence. with Curr. RUL and Ruffle% ieTr"in¥ on Ihe Pn)g*ramme Cominiitee. Thi% y¢ar'4 ¥vnf¢reii¢¢ held al Oxford in O¢l(Trber 20?5 and will therefore be Loi'crcd ii) i)cxl year % aniiuul rep)rt. The past y¢8r has seen a ¢ontinuation (Trf Steve Patsun.s highly 5u¢ce55ful online and in-pcmn (rainin8 for ASSAP inK¢siigators, using ihe SPR'% publicdiions as csscniial rcading and %upport mal¢ridl. To ddiL mor¢ than 130 ￿pIC havc Parlicipaled in thc cour%c aiid thcir fccdb3ck has bccn u￿d to l)onc both tl)c contcnt and ¢hc waj. ¢hai ihc infomiaiion is delivcrcd. Council has approved otTering SPR members a sirnilar online trdining packagc. u.%ing tlic ￿rnC suprM)rt niaterial. Tlic fitst online ¢our5C 51iould take placc ii) the spri11￿￿ of 2026. This will hLlp io Ix)osi ￿th awarcncs% and mcmi￿r$hiP of th¢ SPR ￿'1th1n th¢ g¢n¢rJl ghost hunting community, a5 WCII as pron)olin8 5alcs of our rwo rel£￿ant publications. In due course, the Ghost Club will also be offering training to its meiniK"TS, and having all big thrcc major organi8ation% offering a common irdining progratnn)e based upon our publilaiivns is the besl antiduie Iv the bensdliunalist approach io ghosi-huniing in ihe pasi decade. The publicatioll of Pai'ai'ision, SEghi & thc Pi3ranoJ-niul (the follow-up to Parucoushcsl, co-edited by Steve and Cal originally sLheduled by White Crow boukb for 2025. has been delayed until 2026. This year our educaiional programme has again mdinly ¥ompri%Lxl ofioom ivinib, Jlihough w¢'re bc8innin8 to hold physical nicctin8.% again. David Vcrnon coniinuc% lo organi7E and ho.%t TC8ular Wcdncsday wcbinars. In the rLponcd pcriod. Ihcsc were given by C'iarnn Farrell. Paul Smiih, Si¢&e Taylor. Clairc Murphy-morgan, Eric Dullin, Graham Kidd. Chris Roc. Jeff Tarrant, Kir5ty Allan and Michael Nahm. Alihough we miss mecling ph)'sicall%'. webinars have the advantage of aLtra¢ting sp¢ak¢rs and participants from all ovcr thc world and il also reduces the expense5 involved. Our ¢ducational rol¢ in¢lud¥7 ovwsc¢ing ¢v¢ning discussion forum5 and stiidy days. The forutll5 are Usually urganiied by Denni5 Bury dnd Ciarart Farrell but there were none thib year b￿aUSe of Dennis's illness and sad passing. They will resume in 2026. April 202.5 a study day entitled'mind the Gap-. Jvum¢ying NOn-L￿allY through Th¥vries of Mind Bcyond thc Brain" organiscd and chaired by Cal Cooper, with conrributions from Mike Da￿., Michael VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P&52 New articles coniinue to be published in the P51 Encyc.lupedia, which ib funded by the Buckmasler bequest and now Contains 650 {. l ani¢l¢s and almost two million (?} words. It is now oN'er ien Y&￿S old and has been giTren a refresh. made neLessary by the original softl￿￿re plaifom beLoming obsolete. The aim has been to update the look and ￿￿ke articles e&sier to access. Solne categorj. headings haTr'e been revised. A new page provides links io articles and research par*rs that ar¢ trc¢ to rcad online and ihcr¢ will also bc links to pdfs of selected articles from the archi￿.£5 of the ProL'evdin&Ns and Joiiriials. WoTk coniinues on updaiing exi81ing anicles and creating new, ones. The founding editor. Roben McLuhan. is moi'ing on and the nanie of his SUCLCSSOT will be announced shortly. Another Buckmaster project, Iwo volumcs ofessa%'s on aspects of %urvival, h&% unfominarely bccn dclayed thmugh factors b¢yond our control, but progr¢5s Continuo io b¢ made. FacciKN)k pagc and Bluesky and X feeds. all oEwhiLh are overseen by Tom. At the end of the reporting year the PaLe1￿k page had 19,434 follo￿.Cr$ and the general X feed had 12.103 follower5. These sites publicise SPR e%"ents and Larry ne￿.$ abtsut the field in general. Tom also Nns a Tivitter feed dedicated to our Psi Eiici'clopÉ.dia. u,hich had i.109 foll0￿.eTs. The Bluesky account (started in November 20241 had 892 followers. Posts on all four are circulated by readers and th¢rcby r¢a¢h a ￿ery larg¢ audicncc. Signifi&gnt inforn]aiion relating to the SPR appears on our website as nth4rS Items ptisied bj Nemo Morck. who also adds informaiion about ne￿, ixx)k8 and iheir reviews. SPR members frequentl) Inake media appearances. and these are mosil), reported on our wcbsiic. Wc continue to build bridges with other orgallisations sincc tl)is allo￿,% ncivs of Dur activirics fi) r¢a¢h a wider audience. Bcn Machell's biogrdphy of tlie late Tony Cornell, ChusiiiR ihe ￿1rk. ha5 atlracicd fa￿0￿rabIC reviewE i The Oh.ierver. The fimv.i and The Guurdiuji. li was also thc inain rcvicw in ihc January 2026 Tri)rie(In 7inie.*, whi¢h gavc it fiv¢ siars. This has bFcn¢rai¢d a lot ofposilive publiciry for the SPR. Tojn Ruffles rcgularly responds ¢0 cnquiries N'ia the w¢bsitc and social m¢dia. Fr¢qu¢nl ￿r¢r¢n¢¢5 to th SPR, both in prirtt and online, ean be followed on our Report of the Hon. Website Man4ger Dr Deborah Erlekson Thc SPR website pcrfornied smoothly this reporting p¥ri()d, wilh no Iclhnical issues OT problems. Ncino MorLk. SPR Cvnl¢ni Edii(Trr, su¢¢e55fully up(lalid the Book RL¥iLWS seLlion wilh 30 book reviews wriiien by i vdriely of Juihur%, w¢ll him%¢lf. l LvllJb¢)rJied ith DT Rufflc.% dnd Mr MorLk for the Whv'% Who Pdges for CLiuniil members and ulxlaies for Offlcers. Tom and Ncmo arc happy io publicisc cvcnts ol inieresi ouiside ol SPR on social n)cdia siics, bui they n¢¢d lips Iv Iitar about ih¢in. su SPR i)tliL¢r and members" are enLourageJ io lei ihLm know aix)ui eveni% and link%. Collaboration between organisJtiL)ns is al40 enLouraged. The Journal of Ihe Soclel). for Ps)'chlcal Research Editor.. Dr Davld Vernon During the period I" October 2024 to 31 ' Scpiember 2025, WL havL PTodu¥cJ ond publi%h¢d four issues of thc Journal.. Iho.%c for Octobcr 2024. January 2025. April 2025, dnd July 2025. Thc aim. d5 alm'ays. Ib 10 havc Ihc%c ig.%uc.% di%iribulcd lo subscribers in ihcir desibTnatcd month of publication but thi5 is in part dcpendcnt on the amoun¢ orsU￿1¢I¢nIIY highqualiiy matcrial rcady for publication and on cnsuring its pnx1uction 10 the higihcs¢ quality. Addiiionally. in order to k¢cp distribution Costs down, mailings ar¢ g)niciim¢5 delayed 50 a5 10 include other maierials being prepared lor members. Taken together. Ihese four Journal issues jllcluded 7 refereed articles. 18 book reviews. 5 obitudtieb. 5 letteTS tv the Editor and three S￿Iety notices. The Journal continues to ha%'e iniernaiional reach. which 15 reflected in contributions from the USA, India. Ausiralia, as well as the Unl￿d Kingdom. qualitstivc). field investigations, case 5tudics, Iheorelicol ¢onlributions. re%'iews and hi%lorical r￿[￿pcC1iwc$. l trust that thi% divcTSLty a￿SUrC￿ ITJcn)bc Ihai Ihc Editoridl Bodrd will ctsnsidcr any Lmpirical approach or topic ofrclevancc to p%ychical rcscarch so long as 1115 OTi8inal. piovidc5 a 5ibJi)ificaiit contribution to lh¢ ficld and is Unde￿inned by a highly rigorous mct]iodology. This has b¢¢n a busy and at tim¢s chall¢nging ycar as we moved ihe Joumal lo a new h051ing plaifonn managed by Open Journal Sysierns￿￿blic Knowledge Project Ihitps.':'ljspr.spr.ac.uk/index.plip/jsprlindex}. This now mean5 thal all of the Joumdl, from submission io publishing, can be easily monitored and controlled ￿la this plarfotyn. Hence. all submissions to Ihe Journal now need io be made online via ¢he new ponal {httP5.-Iljbpr.spr.ac.uklindex.phpljsprlabouVsubmissiong l. To faeilitaie thi%. clcar and dcthilcd author guidanee has been produced and displa)'ed on the new platfonn The published material contirtues to ieflect ihe breadth of interc.%t within p%ychical Tcsearch, ranging fri)m expeTitnental research (both quantitative and VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P along w'ith ]nforn￿tIon relating lo the peer review policy. the use of pie-iegislra¢ion and ethiLal practice. Our first ￿11 edition publi%hed on this platforni was the July 2025 editivn Ihttps.'iljspr.8pr.ac.uklindex.phpljsprlissueli'ie%'151. The Use of this platform has drdmatically impro%'ed access to Joumal maierial due to Ihe use of Digital Objeci Idcniificr% IDalsl and author ORCID daia. In addition, the Journal has shifted to an 'Open Acces5, Tnodel making all material (from July 2J25Tr Thpcnly available. Tliese changes will no doubt strengthen the position of the Joumal and help to ensure li has a brighi and Cnduring ftiwrc. Now thai ihc n¢M' plaifomi is up and running the next task is IO try again lo secure indexing of ihe Joumal. consutning and dernanding tasL and not one carried out alone. Hence. I would like 10 offer my Very speLial thanks to both the As%ociate Editor, Dr Zofja Weaver, and the Editotial AsSiStant. Dr TamTny DeTllp5ter. foT their eicelleni ￿'ork and very much appre¢i3ted support. Thatlks also to Julie Gornian ai)d Rich Cutler from Helius (htips'.lthelius.co.ukl), our lypeselters, for thcir prornpi and scrnpulous attention to dctail u,hcn helpin¥ to shape the articles. A bi¥ thank you to our B()ok Revie1￿ Edits)r. Nema M(irck. for hi% help and guidance ￿lth Ilie Ix>ok re￿iewS ai)d niore. Last, but by no means least. my sincere ihanks io all ihose who help to Jnak¢ thc JSPR possibl¢ by subjnitting Inanuscripi8 and 10 those Ihai help review, Ihem. providing A high level of useful and etTeLliiie feedbaLk io help ensure that the JSPR remains a use￿] and v8luabl¢ publi¢ation within the fiL'ld of psychic rLsLarch. Editing and pr(￿utirtg the JSPR is iK)th a time The maga7.ine of the Soclety for Psychlcal Research Editor.. Gordon Rutler During (his year The,Vugo:ine has coniinued lis usual ￿'ide rJngc of anic1¢5. Each indii'idual issuc has had o iliougyhi-provokin& pl￿¢ froiii Adrian Parkcr. Grahan) Kidd provided us wilh an inifibiuillbT casc from Ihe Sw)nianeuus Cases Cvmmiiiee and Ihere are iiiure from ihJi group lo Lom¢. Sally Collinb gave ov¢rview uf a ghost ¢as¢ involvin¥ family friends al Romney MaThh. A new way Iv meusurtr pardnumal experi¢nLe% (how do you de*rn)ine"Ihe rnu%l hauni¢d... ->1 and John TJl¢ gave PJrJnoiniL% 3. lh¢ on¢lusion lo hi% I(￿k dt ¢¢on(Trini¢% in th¢ PJranormdl. Alw. iii inulii part fom)at we h&d two aniLle% fmin Peier MLCue on wheiher Ihere %hould be a i)ew t¢miinolugy for Hauiiling¥ and P()ller￿ellt4. Juhn F￿￿er 8ave us a tasle of his lalesl book with Cun M(?.Yt of Wliui We Call ihé. Puranipimul Fil in ()ni, Bis, Tlit'vrvlic'ql B(Jy P M¥1￿Yn Willin PTovidcd wilh an ovcrview ofsom¢ ofihc r¢sOU￿¢S b¢longing lo th¢ SPR. and a150 a rcmindcr to thillk about wliat l)appci)s ro our o￿n ¢oll¢ction5 whcn we dic. Ai) opportui)ity to expand our bwk collcciions has becn providcd by a continucd l(M)k ai new acquisitians ti) tlic SPR library, courtC5y of tlic SPR Librariaii Karcn Patel. Wc'vc also had a range of rcN'iews. Including a look al the Unii'crsiry of Northampton 4)n onc i)f th¢ir frequ¢nt visiLs io tlic Edinburgh ba%cd Sir Arthur Conaji Doylc Centre aTMI art ovetTriew of tl)e SPR 47, Annual In¢emaiional Conference- based ai Derby. As usual all articles were accompanied by colour illustrations, and the coi'ers of individual issues represented an array of inthges of interest lo SPR membth5. t)uring thc reponing wriod only rhrce issucs of Tlie MIiAF(i-ini' w¢r¢ produccd. issu¢s 12. 13 and 14. Issue 15 ncarly madc it into Ihc lime period but just missed. One majoT change over the year w&5 the deparlure ol. DtiN'id Ellis proofreuder. I lik¢ 10 r¢Lor my thunks to David IUT his Work on Th{. ;Iluxu=ine and the help he given me over our ¢ime iogeiher. The work ol-J prL)ofreJd¢T 1% uft¢n ov¢rl¢x)keil. Pilrticularly wh¢n th¢y p¢rf(Inn Ih¢ir j()b w¢ll. A% ¢dilor il 1% 40 often the Lase Ihli t l am too Llo.%e io artlLles io catch every iypogrciphilcil error or mi%plaLed %paLe. Con%¢qu¢ntly. I r¢ly on th¢ work of the proofr¢ader as a rin&?1 LhcLk before n is4ue 1% sent otTto Peter Johnsort. A¥411rt. thank you David for helpin8 to make The M(IsFu-iii(, k.ttir lor ivirvon¥. l am also gr4iLful lo our n¢%￿ proofrcadcr, Siu N¢vill¢. Siu sicpp¢d in ai very hort nolicc and has agTccd lo continuc Ihc job going fon¥ard. So Ihank you also 10 Stu for his M'ork on the matLrial covcrcd during this re￿}nIng kWriOd. c havc a150 Scell thc dcparture of Profc550r Adrian Parker fron) hi5 kK)Sllion of Prc5ident of thc SPR. Adrian had a r¢gular.s¢ciion- th¢ Presid¢nl's Pag¢s- The Miigiizime. In thcsc hc sharcd his thoug]ILs many area5 of intere511o membe[5 of the SPR. I'm Sure Ihat many readers. like me, found new areas and wriiers io follow. Thank you, Adrian, for your regular inpuL. The issues of Thg.Vugazine are all full Colour and tweniy-eight pages, and all are produced as a prini ready PDb and a compressed PDF, this lalter for eleclTonic distribution. Diie io the time taken to print the physical iopies the ortline i'ersion appeats fiT5¢ and is available frorn the SPR websiie members. section. Over the year I hai'e receil'ed sotne posilive commellts froill Ihe membership about The..Vagazine. and l am i.ery gwateful foi them all and l am glad that people 2re enjoying ii. l am also grateful io all who VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P 1 have contributed articles or letters, and I hope to continue io receive manj. more of both. The continued use of Open-source software to PTh￿￿(¢ Tlie Mago?ine saN'es the SPR quite a large fee licellsillg. Annual Conference Programm¢ Chairman.. Prof. Callum Cooper, Conf¢rence Organiser.. Peter Johnson communication experiences. mediumship. laboraiory studic& and psychic hcaling. Thc 48th SPR Inlcmational Annual Confcr¢n¢c look place 17ih- 19th October 2025 i Milton Hill House, UKlord. W'e moved back 10 hvbrid atiendance ai ihis ei'ent. ￿'hich meant w¢ had approximately 115 peopl¢ rLuibtcrLd lur in pcr50n unlinc attcndance in lotal. some 30 ab8iracis ￿'Cre submitted for revie￿. by ihc conference cornmittee.. Prof. Carr. Mr Murdie. Prof. ParkLr, Prof. ROL and Dr Ruffles. l exicnd m%, thanks 10 thc comniitt¢c for toking th¢ lim¢ to r¢vicu' thesc %ubmi%5ions and providing titncly fccdback for w'hat wa8 a qhon iumaround in arrangcmcnis. Thank you io all who aiiended and proiiided audienc¢ queslions from both those in person and onlinc. il W4LS such lin interacti￿C eveni liir ull to share, with excellcni faciliiicq ai ihe Milion Hill House for those in physical allendance- w¢ w¢r¢ truly looked afier by ihe sta(fand building. wouldn't ￿ able to put these Conferenees toucther and crcaic a schcdulc ihai w()rk% smnorhly ia timc wiihoui Mr Johnson. My thanks to him faT liclpii) sourcc locaiions. discussing IobFISlics. son cn)ails back and forth on abS￿a¢￿ and working witli Ine on editing and finalisin8 # s¢hedulc ol'tslks. ILa brcaks and dinncrs. Mr Jol)nson's work also gyocs as far as soning pri¢¢ pJLkJge% for th¢ w¢¢k¢nd. Loiif¢r¢i)L¢ ba￿j%. liaising with Ihe N'enue 4md InLire. li all pays Oll. in ￿hat wonderful feedbaLk we've reLeived from all for SULh an cnjoyablc ond illSI&Thtful w¢¥'k¥nd. And in total. 21 papcrs were accepicd and prcscnlcd, wilh an invited Iccturc by Dr Paul Rogcrs on 'ThL DudlL5ton Messa¥cs' and an invilcd panel hosi¢d by Prt)f. Richiird Wiseinan on ihe life and w'ork ofTony C'orn¢lli lind uur kTu¢%I dinn¢r %p¢ak¢r was Gary LuLhmthn. spe¢Lkillbr uknul hi% writirtbJ% #nd mD41 reL'ent wL)rk on dreiim preLogniiion. A.% u%ual. Ihe 21 ab%lTaLts J¢¢¥pl¥d bTr¥aily VUTi¢d in lopi¢'. hi%lvry and ¢hwI0￿. re%carch method% and SU￿¢ys. after.dcaih Seeretary's Report Peter Johnson In Ihc table bclow, you will bc ablc t() sce that our mcmbcTship numbcrs havc increased very slighily Members & Asso¢l*te$ 2025 21124 ChanbTe 462 437 6•/. 143 133 6./0 108 135 -20°/• 713 705 IOA Sthdent A$50clale5 2025 2024 Change si 51 oo/. 23 TOTALS 2025 2024 Chai)gc 488 150 152 UK 166 125 Other TOTAL 17 91 O°/• oo/. 91 804 796 Note that, in addition (o the Member5 and AbsoLiate5. wc also send ¢opie5 ofour publications to over 100 subscribers. An increasing number or mcmbcrs arc opting to takc advantage of the £15 disLount for digilal-only publicalion5. addilion io Ix)rrowing physical recordin85, meinbets may also listen ￿ rttent tslks directly from our websiQ. The Office Library have conlinued ts) operate mainly frtsm home. Kfvi¢h Karen Pa¢el (Librarian) attending the SPR Library on Il'ednesday afternoons when visitOf5 do not iie£d an appointment. Audio recordings of all our e￿.ents are available free of charge for rnember5 only. and for purchase by non- metnbets. Thanks to DaN'id Vernon for findin¥ 50 Tnany interesting bpeakers lor our online Web Events during the year. Thank% to Mel￿￿ Willin for maintaining our archi￿.£ catalogue of recording5. Please note tbat. i We hcld our 2025 Annual Gcncral Mccting in petsot] at Vett]ot] Mews in April. 10 VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P 11152 The following six members of co￿¢11 retired and were re-elected at this meeting to seTr'e for three further yeats.. Mr% M E Barton, Mrs J A Row8seaw MrA D Murdie Dr B G Colvin, Dr L Ruickbie. Dr M J Willin All other motions on the agenda were passed wianimously_ Data Protection Officer's Report Ciaran Farrell During the reponing year. Ihe General Data Protection Implcmcniaiion Tcam16fJPRITI maintained strategic 0￿.erS]ght of the Soci¢ry'5 data proleclion linmewoik io ensuTe eompliance H'iih relevani UK legislaiion and regulatory guidance. The Team continiied to monitor the etTeciiYencss of the system5 and policies in place. conlimiing thai they remain proponionalc, functional. and olign¢d with bcsi praLlice. Activity was Londucled through re¥ular physical and vinual mectings, supplcmcnicd by onbFoinbr corrcspondencc and liaison with Ihc Council and ()thcr commitiec$ 10 en.sure Ihe consisicni applicaiion of daia proieciion priThciples across all areas of Ihc Society's operations. Moniioring re¥ulatory change5 contii)ued to be a kcy focus. In particular. Ihc Team assessed developments aS￿l3ted Thith the iinpl¢in¢niation of the Online Safely Act 2023. designed to PTolecl users in digiial et]i'ironments. at]d ihe introduclion of ihe Data Use and Access Act 2025, ￿,hICh builds upon tl)e prciious Data ProiLClion and Digital Inforniaiion Bill. Aniicipaling n¢w' guidance froin th¢ ICO. prcparalory evaludlion w'as undLrtdken to dtlerniine polenlial implications for %PR govemancc. policicq. and operdiional prdclice. T1ie Da￿ Protection OtTJcer IDPOI mainrained elosL collaly)raii()n w'ith Ihe P()liLy Advignry PanLI PAPI and thc Scicntific and Case Coininiriec18CCI to cnsurc a coordinal¢d approach lo data prot￿110￿. poILCy developmeni, and compliancL oversibJl)t. Work Progressed on a significanijoini inilialive with Ilie SCC io deN'el(Trp U %¢Lur¢, GDPR-Lumpliunl duldbLi%e fvr ￿)￿n>'mi￿ed La%e and iniLsILbTaiitsn report.4. whiLh will proviJ¢ a valuable long-l¥mi Te%L￿h Jnd archival resourec. ThToubFhout the ycar. Gt)PRIT und¢rtook deiailcd rL'ViCW ofihe Socieiy's Privacy and Data Prol¥clion Policy and Ihe iniernal Daia Pr(xessing Abrreemeni IDPAI. whLLh inLlude% a Brin¥ Yuur Own DLVILL IB Y()Dl wliLy recommcndL￿ by Ihc I'.harity ('ommis%ion Jnd thL Into￿lI￿n Commiisioner's OffiLL IIC'OI. This TeflLCL4 IhL SvciLly's structure as (li¥tribuiLd orgidni4aiion, wi¢h many otTiccTh and Coiincil niLmbLr% w'orking reinotcly and ulili.%ing thcir own cquipmeni. The Tcam also examined Ihc opLration ol. IhL s￿le¢y,￿ wcb%ilc and mcmb¢rship mail1nb7.%Y￿1cn)8. N'crifving con)pliance with Ihc Data Pr()IcLti()n ALt 2018 and the Privacy and Elecironic Communications Rcg7ulations IPEL'RI. while Imaint￿lIn1rts cffcctii'c comn)unication channels with members and the public. The DPO ￿p(}rt¢d w&yularly tg ih¢ SPR Coun¢il lo en%ure Iru%tces and directors remained fully inforincd of the Socicly's obliLiaiion4. coinpliancL aL¢iviliL%, and ev(TrlvinbY rebiulatory rcspin.%ibilitics. Thc DPQ cxtends sinccre apprcciaiion to GDPRIT ¢ollcag)uc4-Mr Johnson. nr HTougJhion, and Mr Ryaii-for thciT PTofc55ionalisn). con)mitn)cni, and ongoing contribuiivn Ihroughout the year. VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P 1 The Financial Position Honorary Treasurer: Dr Richard Broughton As many meml*rs may have heard via our website, thc Socieiy is cnjoying an improi'ed financial situation thanks 10 a very generous donation from Prof, Ycw-Kwang Ng &A"Yc of Monash Univcrsiry in Australia. This ycdr wc havc ￿(CiV¢d onc quart¢r of a two-million-pound pledge io ihe Society. Professor Ng s wishes arc ihat ihe bulk of his donation b¢ u4¢d to support r¢.8earch inlo Survival but he is also coniribuiing a subsianiial wnion to thc Socieiy s general fund io ensure that ihc s￿Iety itSLIt r¢Tnains in good finanLial hedlih to support the vork of the no￿. renam¢d Yew-Kwang Ng i *#?El Fund for SLirvival Research in perpeiuily. The SurN'iN'al Research Commiiiee has embarked on a programmc io notify thc rcscarch community and cnLouragFc hi¥h quality applicants for its increased funding pool. The woild is facing unusual Iihough certainly not unprecedented in our long history) financial instability and the Society must be piepdred for adi'eT5e circumstances. Ai the inveslmeni level, Council is confidcnt that thc ln￿¢5￿￿¢nt wlicics of our managcmcnt company should mitigat¢ %uddcn sh Iv¢re sub5equentlv re-elected. Mr% M E Barton Mrs J A Rousscau Mr A D Murdic Dr B G Colvin Dr L RuiLkbic Dr M J Willin 4) To 4ppoint Kre5ton Reeyes LLP 45 Reporting Accountan15 for the period pre5cribcd bv ihe Companies Act 2006. Dr Br()ughton reportcd that, as already mcniioned alx)ve, a new fimi of aecountanLs had been appoinied. He proposed th#t Kre$ton Reeves 1.l.P should be formalli. appointed as Reporting Aeeountxnts lor the perlod prescribed b). the Companies Act 201)6. This was agreed unanimously. 5) To authorisLb the Counell to det¢nnin¢ the remuneration of the Reportlng Accountants. Dr Broughton proposed ih41 the Council should be 3uihorised to determine the remuneration of the Reporting Accountan15. Thi5 ￿'aS agreed unanimous11'. No other iva￿ transacted at thi5 t[￿etin& Thc mccting was adjourncd at 17..2R. 14 VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P 1 For item 3 NOTES0Tr CAYDIDATES FOR ELECTION ATTHE ANYUALGEtiERAL MEETING TO BE HELDON 25" APRIL 2026 IN THF.IR nlVN M'nRD8 RICHARD BROUGHTON Richard is the author of numerous scicntific papcrs and a critically acclaiincd popular book on pardp%ychology dnd. in the past. he has been a frequent commentator on parapsycholobry in the tlledia. He is a iwice-pasi-Presideni and fomier Board member ofihe Parapsychological Associalion. He has bccn on thc SPR Council since 2Q(M, scTh'ing as Prcsidcnt from 2011 until ?nl 5. Sincc thcn hc has scrvcd thL SPR as the Honorary TreasLlILI, working closL'ly wilh the managemeni team io ghLyhLrd the Socieiy's financeg so the SPR can continue to serve boih scientific community 4thd the public well inlo the future. DAVID ROUSSEAU David Rousseau join¢d the SPR in 1994, w&s co-opted 10 Coun¢il in 1997. and b¢¢ame an ¢l¢cied Mcinber of Council in 2()a.l. He has scrvcd as secreiary io ihc Finance Commir¢cc (2()()4 20061 and to th¢ Imugr¢ and PubliLi¢y Committ¢e {1995-IYY91 and ￿'8S o membcr of ¢hc IPPC untLI 2007. H¢ was Chainnan of Ihe Research Acrivities Commiiiee12007-2014. a member since I W71. Honorary l-reasurer 1201 (F20151 and a mcmbcr of the c-communications Coinmillcc (21K18-20151. Hc was a member of thc RL4Larch (rfdnt4 Committ¢c12006-2017) and s¢rv¢s on ih¢ SuThi%'¥l R¢gcar¢h Committ¢C14inc¢ 20D31. He co-founded the online Library of Exploratory Scien¢e and is currenily Direcior of ihe Cenire for Systems Philosophy. Hc has conducied acadcmic research into ihe Inind-Ix)dv reldtions1)ip and inio the n¢i¢iire ¢)f spiritual ¢K￿r1¢n(C5. prets¢nt¢d al SPR Conf¢ren¢¢s and Siudy Ddyb. und publish¢d nuFnerous 5¥1LntiliL llnd philosophi¥ul p#pcrs. Hc is ¢urr¢nily d¢%'¢loping sysicms-sLi¢nL¢-bas¢d m¢thvdolobFi¢S for cxpl()ratory scicncc. with support from ihc SPR, Ihe Ccnire for Sysiems Siudic.4 IUnivcTSily of Hull). the E3erlalic nrry Cen¢Te for ¢he Study of Sy%lem4 Science Iuiiiver%ity of Viennal. the Iniernalional Council on Sys(Lms LnbTin¢¢rinb IINC'nSLI. and th¢ khix)l of Engineering in Or¢bTon Si#1¢ univ¢rsiiy IOSUI. He is a FLllow ol- INC OSE. a Fcllow of ihe Royal Sixieiy for the An.s IRSAI. and a TnLS(ec ofihL Alisiair Hic rdy'l'rusi. He is a Truslee, Pre4ident aiid Chair of the Board of Truslees of ihe Inlernalional Society for the Systems Sciences IISSSI. a Trusiee and pa.41 Chair of Ihe International Netu'ork for the Study ol. Spirituality IINSS). and a R¢s¢ar¢h A55(Kiat¢ in OSU. BERNARD CARR Bernard Carr joined the Society in 1972. was co-opted to Council in 1975. and becai))e an elected Member of Council in l Y77. He ￿'aS ihe SPR Educaiion Officer from 1985 to 2000 and Chairman of th¢ R¢s¢aroh ActLVlti¢s CommLlt¢¢ from 1994 until 2008. H¢ is currcntly Chainnan of the EduLdtion and PubliLlty C ommi(ILL dnd serves on IhL IniLrnaiional Confercncc Pn)biraminc Committee. He also co-organiles Siudy Days and serves on ihe Research Granis C-ommitiee and ihe Fditorial Board. Form¢rly a Fellow of Trinity Colleg¢, Cainbridg¢. hc is now Eineritus PrOfC8￿9r in MLlthemAtics and Astronom). al Queen Mary UT]iversity of London. He was President of the Society from 2000 10 2W4 and i¥ now a VicL-PrebidL'nt. TOM RUFFLES Tom joined the Society in IY87 and Council in IYYU. He was a member of ihe Publicity sub-committee Ilatcr th¢ Imag¢ and Publicity Committ¢¢l frgm 1988-1994 during whi¢h tim¢ h¢ co-d¢sign¢d the SPR IoblO- and H'as Hon. Appeals Secreiary 1989-90. In 1991 He served on Professor Robert Morrib's working pany which led to the setiing up ofthe now-defunci Research Actii'ities Commitlee and was Hon. Tc8ting Qfficcr 1992-2007. In 2(K)5 h¢ join¢d thc Imag¢, Publicity and Publications Committcc and when it Split into the Education and Publicity and e-communications Committee5 he joined both. He is still a member of the fomer and was of ihe latter uniil li disbanded in May 2017. While on the e-cc he vas involl'cd in dcvcloping thc S￿iCty's w'cbsitc. He h&s rcfcrccd paper8 for JSPR and was its book rcvicws cditor from January 21M)9 to January 2018. Having joined the Library Cornmittee in 2010. he becatne its chair in August 2016. Since 2011 he has 15 VinualSi9naturg Transaction Ref. 22D7.2WRP-RXRD21 May2026 14".12% 8ST (Lrrc +11 D 111 P 1 scrvcd on thc Confcrcncc Programmc Committcc. Also. in 2011 hc bccamc thc SPR'S Cornmunications otTicer. In Ihal capacity he resw)nds to generdl emails Teceii'ed ihrough ihe website, as well as looking after the SPR'S Facebook page {from Febt￿ary 20101 and Tivitter accounts- general (from July 20131 and Psi Encyclop¢dia (from October 20191. He add¢d cont¢nt to th¢ ￿ebsIt¢ until th¢ appointiii¢nt of a dedicated Lontent manager in Maich 2018. He has ￿en instnllnenial in obtaining several colleeti()ng of material for the SPR'S archii'es and w'as involved. wilh Prof. Dai'id Fontan{ in lobbying for the reissue of the 1999 Scole Report as a mass circulation paperback in 2011. For some years he was a coordinator of the Anglia Paranornial Research Group and investigated a number of gpontaneous cages. He has contribuied to JSPR and Paranomial ReN'iew (and its predeceggor81 as well as Fonean Times and online publicaiions: blogs ai hiip=Iliomruffles.blogsFN)i.co.ukl: and is the author of Cjhost Imag¢s.' Cin¢ma of th¢ Aft¢rlif¢. Hc is an Associalc of the Royal Pl)otographic Society by researLh, was an Honoidry Visiting Rescdrch Fellow Ai Angilia Ruskin Univetsity. 2014-2019, and is a mcmbcr of the AssoLiation for ihe SL"icniifiL Siudy of Anomalous Phenomcna and a Supponing MLmbcr ()f thc Parapsychological A&sociation. Hc holds two PhD4.' onc on Lifc Aftcr tkath in thc Cincina, from thL UniN'ersity (Trf East Angilja, Ihe other on George Al￿rt Smith11¥64-19591.. Froin SLqg¢ io S¢r¢en, from Anglia Ruskin University. aboui a signifhcani figure in ihe early hisiory ofihe SPR. GRAHAM KIDD l)r Kidd has bLLn a mcmi￿r of the SPR since 1969. on ihc Swnthneous Cases Committee sinLC 2009, and a member of the Council since 2014. He also joined the Library Coininiiicc in January 2019. TTained at Si B(lrthuliTrm¢w'.% Hospi¢al. he was medical officer lo Ioih (iurkhJ RIfl¢s. subs¢qu¢nily trainingT in psychiatry ai St Thomas'5 Hospital. He was a Consuliani in Old Age and General Pgychiatry in Surrey. and on rctirinby from ihe NHS. worked in privaie praLiice at ihe Priory and ihc Cardinal C.liniL4. betvre Tctiringy io do purcly psychothcrnpy, spccialisin&¥ in psychologiiLal trauma usingy Ego statc and EMDR techniques. He leache4 occa4ionally ai St Cieor¥e's Hotspital. He ha.% sludied dissuLialion and wa4 & meniber of Ihe Iss'fD for many year%. He has coniribuied 10 SPR %iudy days. 10 the JSPR and lh¢ Paruiiorniul RLJI'jLJW'ITlic, MaA)u=in(J of ihL SPR. Dr Kidd joincd the Spon￿ne0u5 Cascs Comrniiicc ￿ its Chaimian in 2021 and coniinucd to scrvc in ihis capaciiy during ihc year of ihis repori. ADRIAN PARKER After qualifying in cliiiical psychology ai Ihe TaN'isiock Clinic. Adrian Parker was the re¢ipieilt of the Pcrrol(-Warrick Studentship in psychical rc5carch. Trinity Colle8e. Cambridge becoming (hc first to gain a UK doctorate ￿.1(￿ a thLgis on aliLred sia(LS and ESP from Ihe Univcrsiiy ofEdinburgh. His d(Kloral vork co-innol'atcd Iwiih Charlc8 Honorton and Willia11) Braudl thc tcchniquc known &s thc psi-ganzfcld of r¢produ¢ing p5ychic-lik¢ ¢x￿rIcn¢cS in th¢ laixTrratory. H¢ is author of th¢ book Stat¢s of Mind and rcLLnily tOb7LthLr with thL philosophcr AnnLkdirin Puhlc published ihc 1x￿k Shdke&pcarL'S Ghosi LivL shoiviThg how forgottcn knO￿1CdgC found in Shakcspcarc works is rclcvant to thc dccpcr undcrs¢anding of tran8per8onal expericnc¢.8. Ile has well over a hundred publications inainly on alt¢red %tates of consci011sness and p5vchic experiences. He has published on a diversily of Iopics in psychical research and parapsychology inLluding hypnotic states. dream slaies. psyLhic experiences amongsl twins, spontancou5 cxpcricnccs, mcdiumship, and psychokincsis. Adrian has Studi￿ d¢gr¢¢ cour5¢5 and work¢d in th¢ ¢hild clinical psycholggy s¢rvio¢ b¢for¢ accepting a position al Goihenburg Unii'ersiiy. when a major am'ard from ihe Swedish Bank Jubilee Fond enabled ihe dei'elopment of the "Real Time tlgital Gan7.feld"' This can be regarded as a benchrnark proccdurc for studying high quality Psi Ipsychicl ¢v¢nts in thc laboratory. His ¢urr¢nt int¢rc5t CQllCCrn5 lucid dream stales and recenily he is Ihe joint recipieni log￿her y'iih Annekarrin Puhle of a BIAL grant to study Near-Death Experiences folloived extended cardiac arrest. He received the 2014 teaching award from thc Gothcnburg Studcnts. Adrian Park¢r is ctncritus prof¢ssor at th¢ Univ¢rsity offjothcnburg and Board of th¢ Scandinavian Iniernational Unil'ersity. Vice Presideni of ihe Sw'edish s￿lery for Psychical Research, and ￿'aS President of the s(￿Iety for Psychical Research uniil retiring in June 2025. He is now a Vice Prcsidcnt of thc Socicty- 16 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P 17 Registered number.. 00044861 Charity number: 207325 The Incorporated Society For Psychical Research IA company limited by guarantee) Trustee's report and financial statements For the year ended 30 September 2025 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P 1&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Contonts Page 18 Reference and administrative details of the Society, its Trustees and ¥dvisers Trustee's raport 19-22 Trustee's responsibilities statement Indèpèndènt audltors. rèport on th• flnanclal stat•m•nts statement of flnanclal actlvitles 23 24-27 28 Balan¢• sh••t 29-30 Statement of cash flows 31 Notes to the financlal statements 32-51 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P IW The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Rèfèrèncè and admlnlstratlvè dètalls af tho So¢l•ty. Its Tru$t•¢$ and advl$¢rs For the yèar ended 30 Septèmber 2025 Trustees The rnernbe￿ ofthe Council Company registered number 00044861 Charlty roglst8rnd number 207325 Reglstered 0ffl¢o 1 Vernon Mew5 Wesl Kensington London W14 ORL Company Secretary P M John50n Audltor Kreslon Reeves Audrt LLP 9 Donninglon Park 85 Birdham Road Chichester West Sussex P020 7KI Bank•Ys CAF Bank Ltd 25 Kings Hill Av8nu8 Kings Hill West Malling Kent ME194JQ Natwesl Bank pk 55 Kensington H￿h Strg8t London W8 SZG Investment advl$ors BNY Mellon Fund Managers Ltd PO Box 366 Oadington DL19RF Page 18 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2fy52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Trustèè's r•port For the year ended 30 September 2025 The Trustee present their annual repN)rt together wilh the audited financial statements of the The Incorporated Society For Psychic81 Research for the year 1 October 2024 to 30 Seplemb8r 2025. The Annual report setves the purposes of trx)th a Trustee. report and a directors. rerx)rt under company law. The Trustee confirm thal the Annual reporl and financial siatements of the charitable company comply with Ihe current statutory requirements. the requirements of the charilable companls goveming document and the provisions of the Statement of Recommended Practice ISORPI applicable lo charities preparing their accounts in accordance with the Financial Repotyng Slandard appli¢able in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. Since the Society qualifies as small under section 382 of the Companies Act 2(K)6, the Strategic report required of medium and 18rge companies un(Jer the Companies Acl 2006 IStr8tegic Report and Directors, Report) Regulalions 2013 has been omitte(l. Oblectlves and actlvltles a. Poll¢lo$ and ablffllve$ The Incorporated Society for Psychical Rese8rch Ilhe Societyl was incorporated in 1895 and Is govemed by a memorandum and arty'cles ol assoualion. bein9 both a company limited by guaranlee without a sharg Capital and a rogistered charity. The Society is controlled by a Council whose elecled members are direclors of the Society. and all of whose members, elected and ctropled. are tru51ees of the Society. The names ol membets of Council and subsidiary commillees are listed in Ihe Annual Report ol Council precwjing these accounts. The day-lo-day adminislralion of the Society is managed by a full-lime administrator supptr¢ed by a part lime librarian. The objects and principal activities of the Sociely during the year continued to be the investigation ol psychic and other paranormal phenomena, including awarding grants. and other services lo further such investigation, the publication of research finding5 and related rnalters in ils journal and magazine. the maintenance of 3 library and archives, the maintenance of an infom)alion website and an online library of the Society's publications, the holding ol public lectures, symposia and an intemational conference, and the reception ol and due response lo onquiri8s and raqu8sts for information from tho Sociéty's membgrs and tha gengral public. The trustees confirm that (hey have Telerred to Ihe gU￿ance contained in the Charity Comrnission'5 general guidance on public benefit when reviewing the Society's aims and objectives and in planning future activities and sellling the grant making pdicy for the year. Spectfic detsils of how these objectives have been achitrved and maintained during the year can ￿ found in the preceding indNidual reports ol the various Commrttees and Officers. In setting objectwes 8nd p18nning for 8Ctrvilres, the Trustee have grven due consideTation lo gener81 guidance PLJblishèd by th8 Charity Commission relating to public ￿n￿rIt, including thè guidancè 'Public b8n8fit.' running a charity IPB21'. Achievements and performance a. Main achievements of the Society SPR can report several achievemenls, including the reopening of the library, the success of the film The Enfiald Pollergeist" due to Melvyn Willin's efforls. and the addition ol Quick GuKles for Investigators on the SPR website. The Psi Encyclopaedia now has 650 artides, and the SPR'S social media presence has grown significantly. The JSPR published eight peer-reviewed articles and 19 book reviews in 2023. The SPR also hosted successful web events and an International wnference. Addits"onally. SPR acknO￿edgeS the need for improved investigatory standards and a simple complaints procedure. Other acb'vities and achievemenls of the Society are detailed in Ihe narrative portion of the Annual Rew)rt. These include the annual conference for research professionals, held this year near Oxford and online, as well as Study Page 19 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P21 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Tru$tè•'$ rèport Icontlnuèdl For th8 yèar èndèd 30 Sept•m￿r 2025 Achievements and performance Icontinuedl Days and online evening dis¢ussion forums for laY￿r$On$ as well as resèar¢hers. Thg Socièty was able lo provide over £64,000 in fijnding to support 16 different ￿search proje¢ts and dealt with 270 approa¢hes from the PLJblic to help understand personal psychic experiences. The s￿ietY's professional joumal continues its quarterly publication of original research and academic reviews and this year the editor effected the transition to an online platform that enable5 the use of Digital Object Identifiers IDOII and other features that make online 8¢¢ess easier and bring it into line with modem a¢ademi¢ publishing. Our publi¢-fa¢ing Magazine ¢ontinu&s lo produce engaging articles for general readership. The Psi Encyclopedia website continues to grow and provides accurate and accessible infomiation on parapsychology and psychical research. b. Investment pollcy and performance Council is empow8red to direct Ihe investment of surplus fvnds of the General Fund and the capital of the restricted funds in whichever way it sees fit. subjecl to the investment guidelines of the Charity Commission.The Society's reserves are invested in a managed fund designed for charities. the Newton Growth and Income Fund for Charilies, managed by Newton Investment Managtrrs. a subsidiary of BNY. The investment performance is monitored on a regular basis by the Hon. Treasurer. Flnanclal revlew a. Golng ¢on¢gm After making appropriate enquiries, the Trustee have a ￿asOnable expectslion that the Soclety has adequate resources lo continue in operational existence for the foreseeable future. For this rgason, Ihey ¢onlinug lo adopt the going concem basis in preparing the financial statements. Further details regarding Ihe adoption of tha going concem basis can be found in the accA)unling policies. b. Ru•rves p¢ll¢y The unrestricted reserves of the charity sland at £2.446,37012024.. £2,093,B701 whilst the reslricled reserves of the charity st8nd at £1,936.831 {2024.. £1.767.440). Th8 planned us8 of the SPR R8s8rves is as lollows. The use of the G8n8ral Fund IGFI is unrèstrictad, and it is invested in a medium-risk portfolio lo provide income for ihe payment of Ihe SPR'S operational expenses, and such expenditure is reported in the Accounts. The SPR Research Fund IRFI is restricted for use towards research. This fund is invested in a medium-risk portfolio, and the dividend eamings from this investment are madè availablè for grants to bè awardèd by th& Rèsèarch Grants Committ88. Such awards are rèportèd in thg Accounts and in the annual rerx)rt of the Chairman ol Ihe Research Grants Committee. The SLJrvival Research Fund ISRFI is restricted for promoting activities thal might lead to a scientrfic theory of life after death. This fund was renamed this year to the Yew-Kwang Ng IX*y&I Fund for Survival Research to honour a major donor lo the fund. This fund is invested in a medium-risk wrtfolio, and the annual increase in portfolio value is made available for grants lo be awarded by the SPR Council on recommendations from the Survival Research Committee. Such awards are Tepx)rted in the Accounts and in the annual report of the Chairman of the Survival Research Committee. The Buckmaster Fund is restrictsd in accordance with the Will of the donor, Nigel Buckmasler, for collating and presenting the best evidence for anomalous phenomena relevant to Psychical Research and related work, and allowing a porth)n to be used for securing a freehold premises for housing Ihe SPR headquarters and library. In 2014, the SPR Council approved that £250.OLK) of the legacy be reserved for use in purchasing new premises, and the remainder be reserved for project use. In 2015. the caprtal of the Buckmasler Building Fund was applied lo the purchase of a long leasehold on the 1 Vemon Mews propety for the Society's offi¢es ￿$￿Iting in a zero balance and the Buckmaster Building Fund was Y￿und up. The Buckmaster Projects Fund is invested in medium risk portfolios. The capital and eamings of the Buckmasler Projecls Fund is available for spending on appropriate projects approved by the SPR Council, and these projects are managed by the Buckmaster Oversight CoTllmrttee. SuGh expendrture is retK>rted in the Accounts and the report of the Chairman of the Buckmastèr OvèrsvJht Committee. The èamings on the invèstment of thè Buckmastèr Funds will bè tr8nsf8rrad Page 20 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P22 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Trustèè's rèport Icontlnuèdl For tha y8ar•ndèd 30 Septèmb•r 2025 for use lo the SPR Research Fund and Survival Research Fund at the beginning of each fiscal year in equal parts. I three restri¢te(I funds are assessed a small administratK)n charge to defray the costs of administering the funds. c. Flnanclal r¢vl The Slalement of Financial Activities shows a nel surplus before gains or loss on investments of £329,661 12024.. £141,871 deficill. Gains on inveslmenls changed from a i￿reaSe of £265,127 in 2024 to an increase of £192,230 In th8 current year. This was as a result ol the positive movement on markels during the year. The net movement in funds for the year was an increase of £521,891 12024.. increase of £123,256). The closing balance on reserves. representing the nel assels ollhe Society. increased by this amount from £3.861,310 8S 8130 September 2024 10 £4,383,201 as al 30 September 2025. Structurn, governanc• and managemont a. Dlrectors and Tru$ts•$ The Charity is a company limited by guarante6 and incorporaled in England and Walas. Th8 company's registered offlce is 1 Vemon Mews, Lon¢Jon W14 ORL. All ol the elected members ol Council are directors ol Ihe company and truslees of the charity and there are a further seven coopted members who are also tnjstees. All the members listed in the attached Annual Report ol Council served throughout the year. No remuneration is paid to ihe Society's officers in their capacity as trustees or directors. The Society's Articles of Association stspulale Ihal 24 Iwslees are elected by the voting members ol the Socioty. Co-opted irustees are appointed by the Council and are recnjited primarily through coming to the attention of existing trustees through their interest in the goals and work of the Society. Co-opted trustees are sought who can bring lo the Society particular lalenls, expertise and experience not only in 5cAen¢e bul also in other professions such as can enhance and facilitate ils operations and future direction. b. Methods of appoSntrnent or electlon of Trustso Th8 managèment of the So¢i8ty is thg rgsponsibilty of the Tnjstge who are 8lècted and co-opted und8r the terms of the Trust deed. ¢. Policie5 adopted for the induction and training of Trustee Trustees are supported through an induction process on appointment and are provided with Charity Commission guidance, which they are encouraged lo refer lo as part of their orwing development and understsnding of their responsibilrties. d. Pay policy for key management personnel The charity employs one member ol key management personnel. The levèl of remuneration is dètemiinad through an agreed contract, which is subject lo annual review by (he Council. Page 21 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Trustèè's rèport Icontlnuèdl For tha y8ar•ndèd 30 Septèmb•r 2025 structure, governance and management (continued) •. Flnan¢lal rlsk manag¢m¥nt The Trustee have assessed the major risks to which the Society is exposed, in particular those related to the operations and finance5 of the &xiety. aNJ are satisfied that Systems and procedures are in place to rniligate exposure lo the major risks. Plans for future periods With well over a century's experience in providing reliable infom)ation on psychical research to the public and high-quality professional research reports lo the scientific community. as well as financially supporting new research, the Society plans to continue its work as described in the accompanying Annual Report of its activities. Particular attention will be paid lo attracting quality applicants for funding by the Survival Research Committee thanks lo the recent donation for this pufpose. Other near term plans include Conlinuing the So¢iely's policy of keeping costs low for membership, conferences. and ot￿r educational activities in order to encourage greater participation by students and academics from around the wodd. Recognising that this places a considerable burden on the general fund of the Society efforts are ongoing to attract benefactor5 and develop new sources of funding that can provide additional support lo Ihe General Fund. Dl$¢losuro of Infomiatlon to audliors Each ol the persons who are Twsle8 31 the lim8 when this Trustee's le￿rt is approved has eonfirm8d that: so far as that Trustee is aware, there is no relevant audit infomalion of which the ch8ri1y's audkors are unaware. and th81 Trustee has tsken 811 the steps Ih81 ought lo have been taken as a Tnjslee in order lo be aware of any relevant audit infomalion and lo es18blish Ihat the charivs auditors are aware ol that information. Audltors The auditors, Kreslon Reeves Audit LLP. have indicaled Iheir willingness to continue in office. The designated Tru51ee will propose a motion reappointing the audrtors 81 a meeting of the Trustee. Approved by order of the members ol the board of Tru51ee and Signed on their behalf by- Prof. C. A. Watt, M.A.. PhD President ITrusleel Date". 20 May 2026 Dr R S Broughton Honorary TreaSu￿r (Director and Trusleel Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P24 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l stst•m8nt of Trust••'s r•sponslbllltl•s For the yearended 30 September 2025 The Trustee (who are also the directors of the Society for the purpw)ses of company lawl are responsible for preparing the Trustee's report and the financial stslements in accordance with applicable law and United Kingdom Accounting Standards Iunited King(lom Generally Accepted Accounling Pra¢ti¢el. Company law requires the Trustee to prepare financial statements for each financial year. Under company law, the Truste8 fflust not approve the financial stslements unless they are Satisfied that they giv8 8 tru8 and fair view of the stala ol affairs of thè Souèty and of its incoming rèsourcès and application of resoureès, including ils income and expenditure. for that perirx1. In preparing these financial slalements. Ihe Trustee are required to.. select suitable accounting policies and then apply them ¢onsistenUy'. observe the methods and principles of the Charities SORP IFRS 1021., makèjudgments and ac¢ounting 8stimales that arè r8asonabl8 and prudènt.. stale whether applicable UK Accounling Standards {FRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements.. prepare the financial slalemenls on the going COr￿M basis unless il is inappropriate lo presume that the Sociely will continue in business. The Trustee are responsible for keeping adequate accounting records that are sufficient lo show and explain the Society's transactions and disclose with reasonable accuracy al any time the financial position of the Society and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the So¢iety and hence lor tsking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order ol the members of the board of Trustee and sw3ned on its beh81f by.. Prol. C. A. Watt, M.A., PhD President (Trustee) Dale.. 20 May 2026 Dr R S Broughton Honorary Troasurer (Director and Trusleo) Page 23 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Independent auditors. report to the Members of The Incorporated Society For Psychical Research Opinion We have audited the finan￿al statements of The Incorporated Society For Psychical Research (the 'charitable company'l for the year ended 30 Seplember 2025 which comprise the Statement of financial activities, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting frafflework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Rèporting Standard 102 'The Financial Rèporting Stsndard applicable in the UK and Republic of Ireland. (Uniled Kingdom Generally Accepted Accounting Practice). In our opinion the financial ststements.. give a true and fair view of the state of the ¢haritable companys affairs a$ at 30 September 2025 and of ils incoming resources and applicab.on of resources. inclu¢Jing its income and expenditure for the year then ended.. have been properly prepared in accordance with United Kingdom Generally Accepted Acc¢xJnling Practice,. and have been prepared In accordance with the requlrements of Ihe Ch8ri1ies Act 2011. Basls for oplnlon We conducted our audrt in accoroance with Intemational Stsndards on Auditing IUKI IISAS IUKII and applicable law. Our r8sponsibilities under those standards arè furthgr dèscribed in th8 Auditors. rgsponsibilitl8s for th8 aLJdil of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical ￿qUIrementS that are relevant lo our audil ol the financial staiemenls in the United Kingdom, including the Financial Reporting Covn¢il's Ethical Stsndar(1, 8nd we have fulfill&d our other &lhical responsibilities in accordance with these ￿quIreMents. We believe that the audit evidence we have obtsined is sufficient and appropriate lo provido a basis for our opinion. Concluslons rolatlng to golng concom In auditing the financial stal8m8nts. we have cOr￿lUded that the Trusto0's uso of the going conc8m basis of accounb'ng in the preparation of the financial statements is appropriale. Basgd on the work we have perfomie(I, we have not identffie(l any material uncertainties relating lo events or conditions that, individually or collectively, may casl significant doubt on thè charitable company's ability to continue as a going concem lor a period of al leasl Iwelve monlhs from when Ihe financial statements are aulhorised for issue. Our responsibilities and the resF)onsibilities of the Tnjstees with respect to going concem are described in the relevant sections of (his repori. Page 24 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Independent auditors. report to the MemberJ of The Incorporated Society For Psychical Research {continuedl Other inforniation The other infomiation comprises the infom)aiion included in Ihe Annual report other than the financial statements and our Auditors, report thereon. The Trustee are responsible for the other information contained within the Annual report. Our opinw)n on the financial 5ts1ements does not cover the other information and. except lo the 8xlenl otherwise explicitly slated irb our report. we do nol expre55 any form of assur8nce conclusion thereon. Our responsibility is lo read the olh8f infomation and, in doing so, consider whether the other inlomab'on is materially inconsistent with the financial statemenis or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misslated. If we identrfy such material inconsistencies or apparent material Tnisslalemenls, we are required lo determine whether this gives rise to 8 m8leri81 mi5stslement in the financial slalemenls themselves. 11, based on the work we have perfomied, we conclude th81 there is a m8l&rial misstatement ol this other infomiation. we a￿ ￿qUIred lo report Ihal facL We have nothing to report in Ihis regard. Mattèrs on whl¢h wo ar• roqulred to report by ox¢gptlon We hav& nothing lo report in respttl of the following matters where tha Charitie8 (Accounts and Reports) Regulatlons 2008 requires us to report lo you if, in our opinion: the informab'on giverb in the Trustee's report is incLJnsistenl in any material respect with the financial statements., or sufficient accounting ￿¢01￿$ have nol been kept., ¢y the financial statements are not in agreement with the accounling records and retums.. c we havè not recèived all the information and èxplanations wo require for our audit. R•spon8lbllltl•s of trust As explained more fully in the Trustee's responsibilities s18lemenl. the Trustees (who are also the directors of th& charitable company for thg purposes of company lawl a￿ rgsponsible for the preparation of th8 financial slalements and lor being salisfied thal they give a true and fair view, and for such internal control as Ihe Trustees determine is necessary to enable Ihe preparation of financial sktements Ihat are free from material misslalemenl, whether due lo fraud or error. In prgparing the financial $talemgnts, thg TnJ$lees ar8 responsiblg for as$8$$ing thg charitablg company's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and using Ihe going concem basis of accounting unless the Trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic allernalive bul lo do so. Page 25 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P27 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Independent auditors. report to the MemberJ of The Incorporated Society For Psychical Research {continuedl Auditors. responsibilitie5 for the audit of the financial statements We have been appoinled as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance atrK>ut whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors. report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISA5 IUKI will always delect a material misststement when it exists. Mis5tal8ments can arise from fraud or error and are ￿nSIdered material rf. individually or in the aggregate. they could reasonably be 8xpecl8d lo influen¢8 the economic decisions ol users taken on the basis ol these financial stst8men¢s. Irregularitie5, including fraud. are instances ol non-compliance with laws and regulations. We design procedures In line with our responsibilities. ouuined above. lo delect materi81 misslalemenls in respect of irregularili&s, including fraud. The exlenl to which our pfocedures are capable of delectsng irregularities, including fraud 1$ dgtailgd below.. Discussions with management and a55essmenl of known or suspected Instances ol non-compliance with laws and regulations (including health and $aletyl and fraud, and review of thg reports made by m8n8gemenl,' and Assessment of identified fraud risk lactors., and Challenging assumptions and judgements made by man8gemenl in ils significant accountln9 eslimales., and Confimialion of rèlated partlgs Wlth managemenl, and review of transa¢tion$ Ihroughoul the pgriod lo identify any previously undisclosed Ir8nsacbons wilh related parties outside the nomal course of business., and Performing analytical procedures wilh automated data analytics tools lo identify any unusual or unexpected relationships, including related paty transactions. that may indicate risks ol material misststement due to fraud.. and Reading minutes of meetings ofthose charged with govemance and reviewing cnrrespondence wth relevant tax and regulatory authorities.. and Review of significanl and unusual transaction5 and evaluation ol Ihe underfying financial ratKJnale supporting the transactions,. and Identifying and lesling joumal entries, in particular any manual entries matle 81 th8 year 8nd for financial statement preparation. Because of the inherent limitations of an audit, the￿ is 8 nsk Ih8t we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-¢omplian¢e with regLJlation. This risk increasès the more ihat compliance wilh a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instances of non-compliance. The risk Is also greater regarding irregul8rilie5 o¢¢urring due lo fraud rather than error. as fraud involves intentional Concealment. forgery, collusion, omission or misr8presentatKJn. As part of an audil in accordance with ISAS {UKI. we exerase professional judgment and maintain professional sceplicism throughout the audit. We also= Idents'fy and assess the risks of malerial missiatement of the financial statements, whether due to fraud or error, design and perfom audit pro¢edures responsive to those risks, and obtain audit eviden¢e that is sufficient and appropriate to provide a basis for our opinKJn. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involv8 collusion, forgery, intentional omissions. misrepresentations. or the override of inlemal control. Obtsin an understanding of intemal control ￿levant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for Ihe purpose of expressing an opinion of the effectiveness of the charitable companys in(emal control. Evaluate the appropriateness of accounting policves used and the reasonableness of accounting estimates and related disclosures made by the Truslee. Page 26 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Independent auditors. report to the MemberJ of The Incorporated Society For Psychical Research {continuedl Con¢ludÈ on th& approprialeness of the Tnjstee's use of thè going eon¢em basis of 8c¢ounling and, based on the audr( evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concem. If we conclude that a material uncertainty exists. we are required lo draw attention in our Auditors. report lo the related disdosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on Ihe audit evidence obtained up lo the dale of our Auditors, report. However, future events or conditions may cause ihe charitable company to cease to continue as a going con¢em. Evaluate the overall presentation, stnJclure and content of the financial statements, including the disclosures. and whether the financial statements ￿present the underfying transactions and events in 8 manner that achieves fair presentation. We communicate with those charged wrth govemance regarding, among other matters, the planned scope and liming of the audit and significant audit findin￿. including any significant deficiencies in inlemal control that we Identify during our audit. Other matters The financial statements lor the year ended 30 September 2024 were not subject to an audit. As required by ISA IUKI 710. we report Ihat th8 corresponding figures are unaudited. Although the prior period was not audited. we have obtained sulficienl appropriate audit evidence regarding the opening balances lo determine Ih81 they tjo not contain misslalemenls that would materially affect the current Pgriod's fin8nci81 slalemenls. Our opinion on the currenl period is therefore nol modified in respect of this matter. Use of our report This report is made solely to the charitable companrfs tnjstees, as a body, in accordance with Part 4 01 the Charities IAccounts and Reports) Regulalions 2008. Our audit work has been undertaken so that we might stale lo the charitable company's Irusiees those matters we are required to state to them in an Auditors, report and for no other purpose. To the lullesl exlenl pemitted by law. we do not accept or assume responsibility to anyone other than the charitable company 8n(l its members, as 8 tKKly, for our audit work, for this report, or for the opinions we have formed. Kreston Reevos Audlt LLP statutory Auditor Chichester Date.. 21 May 2026 Kreslon Reeves Audit LLP are eligible to act as auditors in lemis ofseclion 1212 of the Companies Act 2006. Page 27 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P2W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Ststement of financial activities lincorp?rating income and expenditure account) For the year ended 30 September 2025 As rtrst*ed Total funds 2024 Unrestrictèd funds 2025 R8strict8d funds 2025 Total funds 2025 Note In¢omè Irom: Donations and lega¢ies Ch8rit8bl8 activities Other trading activities Investments 388,074 21.327 51.258 28.365 12S,026 513.100 21,327 51.258 68,940 51,162 12,473 40,258 59,455 40,S75 Total Income 489,024 165,6111 654,625 163,348 Ex￿ndItUre an.. Raising funds Charitable aclbvilies 24.836 182.619 24,836 300.128 21,086 284,133 117,509 Total •xp•ndlturn 207,455 117,$09 324.964 305,219 Ngt Incom81I8xp8ndlturel before n•t galns on Invèstmènts N81 gains on investments 281,569 70.931 48,092 121,299 329.661 192,230 1141,8711 265,127 Net m¢vement In funds 352,500 169,391 521,891 123,256 Reconclllatlon of funds.. Total funds broughtfomard as previously stated Prior year adjustment 2.177.264 183.3941 1,767,440 3,944,704 183,3941 3,812.182 174,1281 Total funds brought forward as restated Nel movement in fvnds 2.093,870 352.500 1,767,440 169,391 3.861,310 521.891 3,738,054 123,256 Total fund$ ¢arrled forward 2A46.370 1,936,831 4,383.201 3,861,310 The Stalemenl of financial activities indudes all gains and losses recognised in the year. The notes on pages 32 10 51 form part of these financial statements. Page 28 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P>>52 The Incorporated Society For Psychical Research IA company limittd by guaranto¢1 Règlstèr•d numb•r: 00044861 Balanc8 sheet As at 30 September 2025 As restated 2024 2025 Note Flx¢d a$$•ts Tangible assets Investrnenls 15 1.176.186 3.204.716 1,186,560 2,646,831 16 4.380.902 3,833,391 Curr•nt a$s•ts Stocks Debtors Cash al bank and in hand 17 18 1.999 6,OS8 61,227 2,854 5.461 65,292 69,284 73,607 Current liabilities Creditors.. amounts falling duewilhin one year 19 166,9851 145,6881 Net curront ass•ts 2,299 27,919 Tolal net asBots 4.383.201 3,861,310 Charlty funds Restricted funds Unrestricted funds 21 21 1.936.831 2.446,370 1,767,440 2,093,870 Total funds 4.383,201 3,861,310 Page 29 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P31 The Incorporated Society For Psychical Research IA company limittd by guaranto¢1 Règlstèr•d numb•r: 00044861 Balancè sh••t Icontlnu•d) As at 30 September 2025 Th8 enlily w8$ entitled lo exemption Irom audit under section 477 of the Companies Act 2006. The members have not required the enlity to obtain an audil for the year in question in accordance with section 476 of the Companies Act 2006. However, an 8udit is required in accordance with section 144 of the Charities Act 2011. Th8 Trustèè acknowledg& thèir responsibilitiès for complying with the requirements of the Act with respecl lo accounb'ng records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable lo entities subject to the small Companies regime. The linanual statements were approved and aulhorised for issue by the Trustee and signed on Ihgir behalf by.. Prof. C. A. Watt. M.A., PhD President (Trustee) Date.. 20 May 2026 Dr R S Broughton Honorary Treasurer IDiredor and Trustee) Dale.. 20 May 2026 The notes on pages 32 10 51 form parl ol these financial stalements. Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P32 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Statement of cash flows Forthe year ended 30 SePtem￿r 202S 2025 2024 Ca$h flow$ from operating activities Net cash used in operating activilies 430,530 191,3171 Cash flows from inv8sting actNitiès Purchase oflangiblefixed assets Salg of inveslm$nts Purchase of investments 13551 213,828 138,1541 174,920 1540,5751 Net cash lused Inyprovlded by investSng actlvitles 1365,6551 175,319 Cash flows from flnanclng actlvltles Investment income {88.9401 159,4551 Net cash us•d In flnanclng aCtI￿tleS {68.9401 159,45SI Change In cash and cash equ5valents in the year Cash and cash equivalents at the beginning ol the year 14,0651 65,292 24,547 40,745 Cash and cash oqulval•nts atth• end 0fth•￿•r 61,227 65,292 The notes on pages 32 to 51 fom) part of these financial statements Page 31 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P3W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Gènèral infonnatbon The Incorporated Society For Psychical Research is a private company limited by guarantee incorporated in England and Wales. The registere(l office is 1 Vemon Mews. London, W14 ORL. The members of the ¢hariiable company are the Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. Aecountlng pollclos 2.1 8asis of preparation of financial SL￿ments The finanaal slalements have been prepared in accordance wlh the Charities SORP IFRS 1021- A¢￿untIng and RerK>rting by Charities." Statement of Recommended Pradi¢e applicable lo ¢harilig$ preparing their accounis in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeciive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102> and the Companies Act 2006. The Incorporaled Society For Psychical Resear¢h meets the definition of a publi¢ benefit anlily under FRS 102. Assets and liabilities are initially recognised al historical cost or Iransacts'on value unless otherwise slated in ihg rglevant a￿UnlIng policy. The financial statements are prepared in sterling. which is the frJnclion81 currency of the charity. Monetsry amounts in thèse finan¢i81 sialemonts are rounded to the nearest £, 2.2 Golng cOn￿M The trustees have camed oul a deiail8d review of the charity's financial position including a review of cash flow forecasts laking into account the increasingly broad effects of cost cri515 as a result of ils negative impact on the global economy and fflajor financial market5. At the time of approving the financial statemonts, th8 trusteès havè a r88sonabl8 8XP8Ctation that th8 harity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees conlinue to adopl the going rnncem basis of accounling in preparing the financial statements. 2.3 Income l income is recognised once the Society has entitlement to Ihe income, it is probable that the income will be received and the amounl of income receivable can be measured reliably. The re￿g￿lIK)n of income from legacies 1$ dependent on e5tabli5hing enlitlernent. the probability of receipt and the ability to estimate with sufficient accuracy the amount reGeiv8ble. EvidenGe ol 8ntidement to a legacy exists when the ￿lety has sufficient evidence that a gift has baan left to them Ithrough knowledge ol Ihe existence of a valid will and the dealh of the benelactorl and the executor is satisfied that the property in queslion will not be required to satisfy claims in the estate. Receipt of a legacy must be rec(¥Jnised when il 15 probable that it wll be received and the fair value of the amount r&cewable, which will generally bg the gxpe¢tsd ¢ash amount to be distribul8d lo the Souety, can be reliably measured. Incorne from membership and journal subscriptions, conferences and sales of publications and other f(ems is accounted for in each case as the amounl due for the year. Provision is made against a proportion of outstanding subscriptions on the basis of non-recoveries experienced in previous years. Other incomè is accounted for when receN8d. Page 32 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P34 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Accounting policies Icontinuedl 2.4 Exp8ndltur• Expenditure is recognised once there is a legal or construclive obligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure 15 cla55ified by 8Ctivily. The costs of each activily are made up of the total of direct costs and sha￿d costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which o)ntribute to more than one activity and support costs which are not attributable lo a single activty are 8ppM)rb"oned belween those activities on a basis consistent with the use of resources. Expenditure on raising funds includes all expendiiure in¢urr8d by the Company lo raise funds for ils charitable pU￿oSe$ and includes costs of investment managemenl. Expenditure on charitable activilies is inujrred on diredy undertaking the activities which further the Society's objectives, as well as any aSS¢xialed support costs. Grants payable are chaf9ed in Ihe year v*hen the offer is made except in tht)se cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as commitment, bul not accrued as expenditure. All exp8n(iilure is inclusive of irrecoverable VAT. 2.5 Fornlgn curr•ncles Monetary assets and liabilities denominated in foreign currencies are translated into slerfing al rates ol exchange ruling al the reporting date. Transactions in forelgn currencies are translated into slerfing al the rate njllng on the date of the transaction. Exchange gains and losses are recognised in the Slalemenl offinancial ath'vits'ey. 2.6 Tangibl• fixed assets •nd d¢pre¢i•ti¢)n Tangible fixed assets are In￿alty ￿cogniSed at cost. After recognibon, under Ihe cost model, tangible fixed assets are measured al cost less accumulaled depreciation and any accumulated impairment losses. All costs incurred to bring a langible Iixed asset into its intended working condition should be induded in the measurement of cost. Dgpreciation is charged so as to allocate the cost of tsngible fixed assets less their rgsidual valug over their estimated useful lives. - Depreciation is provided on the following ba5e5: Long-tem leasehold rMop8rty - Over 100 years Office equipment 15°h p.a. on written down valuè Compuler equipment - 25% p.a. on cost Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P3&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Accounting policies Icontinuedl 2.7 Inv•stm8nts Fixed asset investments are a fonn of financial instrument and are initially recognised at their transaction cost and subsequently measured al fair value al the Balance sheet date. unless the value cannot b8 measured reliably in which case il is measured at C051 les5 impairment. Investment g8ins and losses, whether realised or unrealised, are combined and prèsented as 'GainsllLossesl on investments, in the Statement of financial activities. 2.8 Stocks Stocks are v81vetl 8t the lower of cost 8nd nel oalis8ble value after making due allowance for obsolete an(1 slow-moving slocks. 2.9 Debtors Trade and other debtors are recognised al the settlernent amount after any trade dlscounl offered. Prepayments are valued al the amount prepaid net ol any trade discounts due. 2.10 Cash at bank and Sn hand Cash al bank and in hand includes cash and short-term highly liquid inveslrnenls with a short maturity ol three months or less from the dale of acquisition or opening of the deposit or similar account. 2.11 Llabllltles and provl$lon$ Liabilities are recognised when there is an obligation at (he Balance sheet date as a result of a past event, il is probable that a transfer of economic benefil will be required in settlement. and the amount ol the settlement can be eslimaled reliably. Liabilrties are recognised at the amount thal the Society anticipates it will pay lo settle the debt or the amount it has r8c8N8d as advancéd payments tho good$ or $8rvicgs it must provide. Provisions are measured al the best eslimate of the amounls required lo settle the obligation. Where the effect of the lime value ol money 15 material. the provision is based on the present value of those 8mounls, discounltrd al the pre-tax discount rale Ihal refltrc¢s Ihtr risks spe¢ifi¢ lo the liability. The unwnding of the discount is recogniseo in thg Statement of financial activities as a finance cost. 2.12 Flnanclal Instruments The Society only has financial asse15 and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments aTe initially recognised al transaction valuts and subsequently measured at their settlement valtje with the exception of bank loans which aro subsequently measured at amortised cost using the effective interest method. 2.13 Pensions The Society operates a defined Contribubon pension scheme and the ￿nSIOn charge represtrnts tho amounts payable by thè Socièty to the fuThl in respect of th6 year. Page 34 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Accounting policies Icontinuedl 2.14 Fund accauntlng General funds are unrestricted funds which are available for use al the discretion of the Trustee in furtherance of the general objective5 of the Society and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specrfic restrictions irnposed by donors or which have been raised by the Society for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is sel out in the notes lo the financial 5ts1ements. Investment income. gains and losses are allocated lo the appropriale ftJThJ. 2.15 Llbrary The Society owns a library of book5 which have been acquired over a considerable period ol lime since the Society was founded. Since there is no reliable cost information, and any conventional valuation would either lack sufficienl reliability, or Ihe costs involved in valuing the library WOLJld bg onerous compared with the additional ￿nefit to the users of ihe financial stat&ments in assessing th8 directors, and trustees. stewardship, no valuatM)n has been carried out and the library is excluded from the balance sheet. Crltl¢al ac¢ountlng e$tlmates and areas of Judgment In the application of the charity's accounting policies, the directors required lo make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associaled assumptions are based on historical experience and other factors Ihal are consideied lo be ielevanl. Actual results may differ from these eslimales. The estimates and undarlying assumpbons are raviewed on an ongoing basis. R8visions to accounting estimates are recognised in the period in which the estimale is revised where the revision affecis only that period, OT in the penod of the revisK)n arKI future periods where the revision affects both current and future periods. ritical arga ud nt Long-term leasehdd property and useful economic lile of Land The legal form of the property inclu¢Jed within tangible fixed a55ets is long-term leasehold. However, thè Trustees have exercised judgmenl Ihal the lease is. in substsnce. oquivalent to a freehold interest. Accordingly, the land element of the propety is considered to have an indefinite useful e¢onomic lrfe and is not depreciated. Critical accountin ests'mates Estimation of lan¢J and buildings valuation $tAii The Trustees have estimated the allocation of the propety's carrying value betsveen land and buildings for depreciation purposes. The estimate is subject to uncertainty and is based on available information, including comparisons to similar Properties. estimated rebuild costs and the insured value of the property al the dale of acquisition. Accordingly. the eslimaled value 8ttn"bulable to land is £338.010. While different assumptions could be used, the Trustees do not consider that reasonably possible changes would result in a material impact on the amounts recognised in the financial slatemenls. Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P37 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Income from donations and legacies Unr•stri¢t•d Re$tri¢tod fvnds funds 2025 2025 Totsl funds 2025 Total funds 2024 Grfts and donat￿1$ Bgquests andlggacies Similar incoming rewjrces 377,830 7.982 2.262 125,000 $02,830 7,982 2,288 17,134 7,448 26,580 26 388,074 125,026 513,100 51,162 Total 2024 50,948 214 51.162 Income from charftable actlvltles Unre$trfetèd fund$ 2025 Totol funds 2025 Total funds 2024 Inwme from charitable adivrt 21,327 21,327 12,473 Total 2024 12,473 12.473 Income from other tradSng actbvlil8s Income from non charit¥ble trading activities Unrastrktgd funds 2025 Total funds 2025 Total funds 2024 Membership andjournal sultscwiptit￿s 51.258 51,258 40,258 Total 2024 40,258 40,258 Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P3W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Investment income Unr•stri¢t•d Re$tri¢t fvnds funds 2025 2025 Total funds 2025 Total funds 2024 Dividends and interest receivable 28.365 40.575 59,455 Total 2024 21,301 38,154 59,455 Exp8ndltur• on ralsSng funds Costs of ralsing voluntary Income Unr•strlct8d fund$ 2025 Total funds 2025 Total funds 2024 Publicab'on costs 23.981 23,981 21,086 Total 2024 21.086 21.08fj Fundralslng tradlng ex￿n8*S Unrnstd¢tèd fvnds 2025 Total funds 2025 Total funds 2024 Cost of goods sohj 855 855 Page 37 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P3W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Analysis of expenditure by activities Grant funding of activities 2025 As r&st*ed Total funds 2024 Support costs 2025 Total funds 2025 Expenditure on charita￿e activities Grants for research and educab.on 32.171 67,450 200,507 232,678 67,450 220,187 63,946 99,621 200,507 300,128 284,133 Total 2024 as restated 95,733 188,400 284,133 Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P41 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Analysis of expenditure by activities {continuedl Analysis of support costs As restated Total funds 2024 Total funds 2025 Activities 2025 Staff costs Depreciation so￿3r8 101,832 10.374 1,800 1,948 101,832 10.374 1,800 1,948 100,611 11,193 3,008 3,691 Websrte and inlemel expenses Adminislral'on fee Lectures 20,574 1,726 11.219 4,922 735 552 11,274 11,888 12,950 2,199 20,574 1,726 11,219 4,922 735 552 11,274 11,888 12,950 2,199 35 26,483 339 8.440 4,292 Library and archive Premises Postage and stationery Tel8communicalions Study days General expenses Accounting se￿lee3 Audit fees Bank ¢harges Legal and professional fees Council meetings Ind8p8nd8nt 8xaminatM)n fe8S Charitable and political dOnat￿S Conference organisalK)n costs 2,215 10,716 10,306 3,394 35 2,750 1C4J 6.379 100 6,379 200.507 200,507 188,400 Total 2024 as ￿$￿ted 188,400 188.40LI Page 39 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P41 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 10. Analysis of grants Grant$ to Individuals 2025 Total funds 2025 Totsl funds 2024 Psi Encyclopedia grants Grants for research and education 32.171 67,450 32,171 67,450 31,787 63,946 99.621 99,621 95,733 Total 2024 95,733 95.733 11. Audltors. r•muneratlon The auditors, remuneT8tion amounts lo an audiior fee of £12,950 12024 £ -), and non-audil related services provi(Jed by a fellow group enlity of £11,88812024 - £ -1. 12. Indownd•nl •xamln*rfs remun*ratlon The independent examiner's remuneration amounts lo an independent examiner lee of £-12024 - £2,750), and accounts preparakn'on feo of £-12024- £10,306). 13. Staff cost8 2025 2024 Wages and salaries Social security costs Contribution to defined contribulion pension $c￿Me$ 94,280 6.231 1.321 94,661 2,721 3,229 101,832 100,611 The average number of persons employed by the Society during the year was as follows.. 202S No. 2024 No. Employees No employee received remunerabon amounting to more Ihan £60.000 in either year. Page 40 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P42 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 14. Trustèè's rèmunèration and •xpens During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Society. These payments were made as an honorarium payment and editorial sorvi¢&s providèd in a¢¢ordan¢e with the Company's Memorandum and Artides of Association.. The value of Trustee's remunerab.on and olher benefils was as follows.. 2025 2024 Ruffles T H Rem￿r￿a￿( 6.11)0 7,971 4,875 6,000 7,846 4,800 1,125 Willin M J Vemon D Schofield M Rem￿r￿ati( Remunerati Remunerntion Ouring the year ended 30 September 2025. expenses totalling £1,438 were reimbursed or paid directly lo 3 Truslees12024 - £1,337 10 6 Trustees) for travel expenses. 15. Tanglbl• flx•d assets Long.t•mi leasehold oirice pr<>p•ty •qulpm•nt Computer •qulpm•nt Total C¢8t or valuatlon At 1 October 2024 1,264,608 33,097 16,052 1,313,757 At 30 Seplembgr 2025 1,264,608 33.097 16.052 1.313,757 D•pr•¢l8tlon At 1 October 2024 las reststed} Charge lor the year 83,394 9,266 28.625 671 15,178 437 127,197 10,374 At 30 September 2025 92.660 29,296 15.615 137,571 Net book value At 30 Seplembgi 2025 1,171,948 3.801 437 1,176,186 At 30 September 2024 las reststed} 1.181.214 4,472 874 1,186.560 Page 41 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P4W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 16. Fixed asset investments Ll$t•d Inv•$tm•nt$ C06t or valuatlon At 1 October 2024 2.646.831 540,575 1174,920 192,230 Additions Di5POsals Revaluations AI 30 September 2025 3.204,716 Not book value AI 30 September 2025 3.204.716 At 30 September 2024 2,646,831 17. Stocks 2025 2024 Stocks of publIcat￿nS 1,999 2,854 18. Debtorn 2025 2024 Due within one y*8r Other debtors 2,292 3,766 2,292 3,169 Prepayments and accrued income 6,058 5,461 19. Creditors.. Am¢unts falling due within one year 2025 2024 Trade creditors 18,368 2,849 45,768 Other taxats'on and social securrty Accruals and deferred in(x)me 1,728 43.960 66,985 45,688 Page 42 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P44 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 19. Creditors: Amounts lalling due within one year (continued) 2025 2024 2025 2024 Deferred income at 1 October 2024 Mernber5hip subscriptions deferred during the ye Amounts released Irom previous peritxls 36,120 23,978 {36,1201 25,503 36,120 125,5031 23,978 36,120 Deferred income re18tes lo membership subscriptions and conference fees received In advance for Sgrvices still lo be provided al the year end. Amounts are deferred where the income pertains lo future m8mbership p8ri0ds or events occurring after the reporti'ng date, and ar& released to income when the charity fulfils ils performance obligations, being over the membership lenn for subscription5 and when the event takes place for conference income. 20. Prloryear adlustm•nl A prior period restalement has been made following the identif￿tIOn of an error in the previously assessed residual value ol a long-term leasehold property. which resulted in an insufficient depreciation charge being recognised in prior peric*Js. As a result, accumulated depreciation was understated as at 30 September 2023. Opening reserves 811 Octob8r 2023 hav8 thèrefor8 been adjusted trom £3,812,182 10 £3.738.054 to reflect £74,128 of omitted accumulated depreciation. This also resulted in the opening net book value of tangible fixed assets at the same date being adjusted from £1,271,526 to £1,197,398. The depreciation charye for the year ende(1 30 September 2024 has been adjusted by £9,266 from £1,927, as previously recorde(I, 10 £11,193. These restaled comparative fwures are renected in the opening feserves and opening net book value of tangible fixed assets lor the current period commencing 1 Oclober 2024, which have been adjusted lo £3,861,310 and £1,186,560 ￿speL￿Vety. Finally, as part of thè prior yèar adjustmènt, thè propèty has bèèn rèclassffièd from Ireehold proporty to long-temi leasehold property lo reflect the legal title under which the propety is held. A reconciliation of lunds, a reconciliation of tangible fixed assets and a restated balance sheet as at 30 September 2023 has been presented below to Illuslrale the impact of the correction on accumulated depre¢i81ion and reserves brought f¢)rward at 1 October 2023. Page 43 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P4&52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Reconciliation of funds Ufftstri¢ted Reslricted 2025 2025 Totsl 2025 Total 2024 Total funds broughtforward as previously stated Prior year adjustment 2.177.264 183.394) 1.767.440 3,944,704 183,394) 3,812,182 174,1281 Total funds brought forward as reststed Net movement in bjnds 2.093,870 352,5C(J 1.767,440 169,391 3,861,310 521,891 3,738.054 123,256 Total funds carrled forward 2.446,370 1,936,831 4,383,201 3.861,310 Rg¢on¢lllatlon of tsnglblg fixed a$sgts 2025 2024 Total N8V brought lorward as previously staled Prior year adjustment 1,269,954 {83,3941 1,271,526 174,1281 Total NBV brought forward a8 r•sLthd 1,186,$60 1,197,398 Page 44 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P4fy52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Restated Balance Sheet as at 30 September 2023 2023 Flxed assets Tangible assets Investments 1.197,398 2,557,378 3,754,776 Current ass•t$ Stock Debtors Cash at bank antl in hand 2,706 9,519 40,745 52,970 Creditors: amounts f811ing duewithin ye¥ 169,6921 N•t current a$$•ts I Ilabllltl•$ 16,7221 Total net assets 3,728,054 Charlty lunds Reslricled funds Unrestricted funds 1.660,979 2,077,075 Total funds 3,738,054 Page 45 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P47 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 21. Statèm8nt of funds statement of funds- current year As restated Balance at 1 Octab•r 2024 Balancè at Gainsl September (Losses) 2025 Income Expenditure Unrèstrlctèd funds General Funds 2,093,870 489,024 1207A551 70,931 2.446,370 Re8trlct¢d funds SPR Research Fund Yew-Kwang Ng IA*YtI FurKI for Survival Research Bu¢kma$t¢r Project Fund 781,$29 17,152 133,1661 $2,153 817,668 835,494 150,417 145,206 3,243 150,4541 133.8891 59,836 9,310 990,082 129,081 1,767,440 165,601 1117.5091 121,299 1,936,831 Total of lunds 3,861,310 654,625 1324.9641 192,230 4,383,201 Page 46 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P4W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 21. Statèm8nt of funds {continuedl statement of funds - prior year As restated Balan￿ at As reslatgj Balance at 1 October 2023 As restated Income Expenditu Transfers inloul Gainsl Sepltrmbtrr (Losses) 2024 Unr¢$trl¢t•d funds Gener81 Funds 2.077.07S 124,980 1209,001) 6,416 94,400 2,093,870 Restrict•d funds SPR Research Fund 717,191 16,716 120.1491 16,416 74,187 781,529 Yew-Kwang Ng IA*gelFund for Survival Research Buekmasler Project Fund 780.999 17,970 143,7971 80.322 835,494 162,789 3,682 132.2721 16,218 150,417 1,660,979 38,368 196.2181 16.4161 170,727 1,767,440 Total of fund8 3,738,054 163,348 1305,219 265,127 3.861,310 Page 47 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P4W The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 21. Statèm8nt of funds Icontinu•dl The Society's reslricled funds include.. SPR Research Fund - Und$r the tenns of its Trust Deed the ftjnd's assets are lo be applied solely for investigations, experiments and olher research activities appropriate to the purposes of the Society. Yew-Kwang Ng Ix4yei Fund for Survival Research Ifornierty Sutvival Research Fund) The funds of the Sutvival Research Fund are to be applied for ihe pursuance of such activities as may lead to the establishment of a theory of survival after death. The Survival Research Fund was renamed to Yew- Kwang Ng Fund for Survival Research in recognrtion of the sonificant contributions made by Yew-Kwang Ng IA49£1. 8uckmaster Fund - The Buckmasler Fund was donat8d by Mr. Nigel Buckmasler for th8 purpose of collating and presenting the besl eV￿ence for each class of anomalous phenomena relevant to Psychical Research, and related work. The SPR Council has made a prudent and reasonable assessment ol the costs involved in relation lo the SPR'S staled aims and objectsves in order to strike a fair and reasonable balance between the SPR'S general adminislralion and running costs antj the SPR'S priorily lor the vital research and educational work conducted through Ihe application of these Restricted or Designated funds. The assessments for Ihe SPR Research Fund and the Survival Research Fund amounts to 1°1• of the respective fund's dosing balance at the end ol the previous fiscal year and is taken from the fund's C8Pit81 8nd placed In thè Gener81 Fund. For the Buckmasler Fund. a short-term fund with highèr operational costs, the assessment amwnts lo 1.75Q/4. Any fvn¢Js created in the futu￿ shall enter the scheme at the 10/0 level pending review ol the operalional costs associated with the fund. The levels of assessment may be subject to review and revision as necessary. An*lysi# of not a#¥èts b•twtèn lund8 Analysls ol net a$$•t$ btrtw••n fvnd$- ¢uTr•nt year Unrestrtcted funds 2025 Restrlct•d funds 2025 Total funds 2025 Tangible fixed assets Fixed asset investments Current assets Creditors due within one year 1.176,186 1.311,339 25.830 166,9851 1,176,186 3.204,716 69,284 166,9851 1.893,377 43,454 Total 2,446,370 1,936,831 4,383,201 Page 48 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P9>52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 Analysis of net assets belween funds (continued) Analysis of net assets between funds- prior year As restated Unrestricted funds 2024 As restated Total funds 2024 Restricted funds 2024 Tangible fix8d assets Fixed asset investments Cvrrenl assets Creditors due within one year 1.186,560 879,391 73.607 145.6881 1,186,560 2,646,831 73,607 145,6881 1.767.440 Total As r•stat•d 2.093,870 1.767.440 3,861,310 23. R•¢on¢lllallon of n•t mov•m•nl Sn funds lo n•t ¢a$h flow from op•r•tSng a¢tSvltl•$ 2025 2024 Net income for the year las per Statement of Financial Activities) $21,891 123,256 Adlustments for: Depreuation Charges Losses on investments Dividends, interests anij rents from investments Decrgasellincreasel in stocks Decreasellincreasel in debtors Increaselldecreasel in creditors 10,374 {192,2301 11,193 1265,1271 59,455 11481 4,058 124,0041 855 15971 21,297 Net ¢a$h provided byllu$¢d inl operating a¢tfvities 430,530 191,3171 Analy$l$ of ¢a$h and ¢a$h gqulvalgnts 2025 2024 Cash in hand 61,227 65,292 Total cash and cash Bquivalents 61,227 65,292 Page 49 Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P51 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 25. Analysls of ehanys in nèt d•bt At1 Octobèr 2024 Cash flows At30 Sèptèmbèr 2025 Cash al bank and in haThJ 65,292 14.0651 61.227 65,292 14.0651 61.227 28. Penslon commltsnents The Society operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge of £3,52212024.. £3.2291 represents ¢ontribulw)ns payable by the group lo the fund. £Nil12024.. £Nill were payable lo the lund al the balance sheet 8nd are induded in creditors. 27. Owratlng l•a80 commltm•nts AI 30 September 2025 the Society had eommilments lo make future minimum lease payments under non-cancellable operating leases as follows.. 2025 2024 Not later than 1 year Latgr than 1 year and not later than 5 ygars 2,616 5,232 2,616 7,848 7,848 10,464 Page Wirtualsignature T￿al￿tI￿ Ref. Y2D7-2WRP-RXRD 21 May 2026 14..1224 BST (Lrrc +11 D 111 P52 The Incorporated Society For Psychical Research IA ¢ompany limited by guarants¢l Notes to the financial ststements For the yearended 30 September2025 28. Related partytransactions During the year. certain Coun￿1 members received grants from the Society. Council members may apply for grants in a¢¢ordan¢e with Ihtr s￿Iety's grant application poli¢y. All appli¢alions from Coun¢il members are assessed and approved throu9h the same review process as all other granl applicab'ons. and no special tems or preferential trealment were given. Dr C. Cooper- £2,63712024.' £2601 as a grant Irorn the Survival Research Fund. Mr Robert M¢Luhan £7,937 12024= £4.800) as a grant from the Buckmasler Projects Fund for work done for the PSI Ency¢lopae(lia proiecl. Dr Malcolm Schofield - £Nil12024.' £6.9831 as a grant from the SPR Research Fund. Prol. C. A. Roe - £9,94512024-. £10,21318s 8 grant from the Survival Research Fund and £Nil12024.' £7,000) as a grant from the SPR R￿arCh Fund. Dr Melvyn Willin - £5.61012024'. £6.0891 as a grant from the Buckmaster Projects Fund for work done for the PSI Encyclopaedia project. Other Ih8n these payments. and those discbsed in Note 1 S, no Iruslee or other person related to the Society had any personal interest in any contract or transaction entered inlo by the charity durlng the year. 29. Post balance sheet events After the reporting period, the Society received a total of £1,500,000 in donations from Yew-Kwang Ng I *y&l comprising £375,000 of unresiricted funds and É1.125,000 of restricted funds. These amounts were received in November and December 2025. As the donation relates lo conditions arising after 30 September 2025, il is Ire8led as a non-adjusting subsequent event in accord8nce with FRS 102 sects.on 32 and the Charities SORP IFRS 10212019. Thesg receipts do not provide evidence of condilions gxlsting al the balance shoel dale., therefore, no adjustments have been made to the financial slalements for ihe year ended 30 Seplernber 2025. Page 51