## **Trustees’ Annual Report for the period** **From 1 JANUARY 2024 To 31 DECEMBER 2024** ## **Charity name: THE HUNTERIAN SOCIETY** **Charity registration number:** 229174 ## **Objectives and Activities** ||SORP
referenc
e|| |---|---|---| |Summary of the purposes
of the charity as set out in
its governing document|Para
1.17|The Hunterian Society is dedicated to the
promotion of medical knowledge, the
encouragement of medical research, and the
advancement of medical education.| |Summary of the main
activities in relation to
those purposes for the
public benefit, in particular,
the activities, projects or
services identified in the
accounts.|Para
1.17 and
1.19|The Society achieves these aims by hosting lectures, awarding
prizes, supporting research initiatives, and providing a platform
for the exchange of ideas among healthcare professionals and
academics.

Organised a series of lectures and seminars on topics
of historical and contemporary medical interest.

Awarded the annual Hunterian Prize to an
outstanding research paper submitted by a trainee or
junior doctor.

Maintained the Hunterian Society archives and
furthered public access to historical medical
materials.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para
1.18|In setting our objectives and planning our activities, the
Trustees have applied the guidance on public benefit issued
by the Charity Commission_._The Trustees have considered
ways in which their resources can provide a greater public
benefit. Transfer of some Hunterian Society artefacts to the
Hunterian Museum at the Royal College of Surgeons of
England has enhanced the museums offering to the public.
The archives of the Hunterian Transactions are being digitised
and will be freely available online for research and education.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant making|Para
1.38|The Hunterian Society makes occasional grants,
sometimes in conjunction with other Medical
charities, provided that the aims are consistent
with the charitable purposes of the Society| |Policy on social investment
including program related
investment|Para
1.38|Sponsorship of medical students to attend
meetings has been increased.| |Contribution made by
volunteers|Para
1.38|All council members are volunteers, and no
remuneration is received.| Other ## **Achievements and Performance** ||SORP
referenc
e|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para
1.20|
The year 2024 saw a continued increase in
engagement with the Society’s events, both in
person and online. Attendance at lectures
remained strong.

The Society successfully awarded the
Hunterian Prize, which attracted submissions
from across the UK.

The Trustees are pleased with the Society’s
outreach efforts, are intended to broaden
participation among students and early-career
professionals.

The digital archiving project, initiated in 2023,
made further progress, with volumes of the
Transactions now accessible to members and
the public| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|
Satisfactory. All the planned scientific and
social meetings took place as planned| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|Satisfactory. The Society has regular
performance meetings with Cazenove, who
handle the Society investments| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para
1.21|The charity reported total income of**£40,061**(2023: £27,509),
comprising unrestricted income of
**£25,867**and restricted income from the**Rudolph Fund of**
**£14,194.**Main income sources were
members’ events, subscriptions and investment income from the
Society’s managed portfolio
with Cazenove Capital.
Total expenditure was**£34,974**(2023: £22,402) covering the
costs of meetings and lectures,
administrative expenses, depreciation of fixed assets and
investment management fees.
The resulting net income for the year was**£75,555**(2023: £5,107),
after recognising unrealised
investment gains of**£70,468**following a change in accounting
policy to report investments at
market value in line with the Charities SORP (FRS 102).
Total funds carried forward were**£604,912**(2023: £529,357),
comprising**unrestricted reserves**
**of £187,694**and**restricted reserves of £417,218**within the
Rudolph Fund. A transfer of
**£37,841**from the Rudolph Fund to the General Fund reflects the
reclassification of museum
assets and related depreciation.| |Statement explaining the
policy for holding reserves
stating why they are held|Para
1.22|The trustees consider reserves appropriate to meet future
commitments and maintain financial
stability. The policy is reviewed annually, taking account of
planned activities, operational costs
and investment performance. The trustees are satisfied that
unrestricted reserves and expected
income are sufficient to meet planned expenditure for the next
twelve months.| |Amount of reserves held|Para
1.22|Total funds carried forward were**£604,912**(2023: £529,357),
comprising**unrestricted reserves**
**of £187,694**and**restricted reserves of £417,218**within the
Rudolph Fund.| |Reasons for holding zero
reserves|Para
1.22|**n/a**| |Details of fund materially in
deficit|Para
1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para
1.23|**n/a**| **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para
1.25|| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para
1.25|Unincorporated association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para
1.25|All members of the Council of the society are trustees. Council
members are elected at the AGM. Council can coopt
members as required.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|The Hunterian Society| |---|---| |Other name the charity uses|none| |Registered charity number|229174| |Charity’s principal address|Lettsom house
11 Chandos Street
London
W1G 9EB| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Dr Cathy Corbishley|President|October 2024 to date|AGM of the Society| ||Mr John Tricker|President|Oct 2023-Sept 2024|AGM of the Society| ||(Mr John Tricker)|Vice president|Oct 2024 to date|Ex officio as past president| ||Prof Michael Gleeson|Vice president||Ex officio as past president| ||Dr Tina Challacombe|Hon Secretary||AGM of the Society| ||Prof Stephen Challcombe|Hon Treasurer||AGM of the Society| ||Mr John Skipper|Assistant Treasurer||AGM of the Society| ||Mr William Edwards|Curator||AGM of the Society| ||Mr Surendra Paul|Editor|resigned|AGM of the Society| ||Mr Ian Stephen|Council member||AGM of the Society| ||Mr Nicholas Gibbins|Council member||AGM of the Society| ||Mr Andrew Brown|Council member||AGM of the Society| ||Dr Anjna Harrar|Web editor and council
member||AGM of the Society| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** **Funds held as custodian trustees on behalf of others** Description of the assets held n/a in this capacity Name and objects of the charity n/a on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure N/A** **Reason for non-disclosure of key personnel details N/A** **Other optional information N/A** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** John Joseph SKIPPER **Position (eg Secretary,** Honorary Treasurer **Chair, etc)** **Date** 29 October 2025 ## Charity Annual Accounts The Hunterian Society For the year ended 31 December 2024 Prepared by Do Your Accounts Limited ## Contents - 3 Reference and Administrative Information - 5 Independent Examiner's Report - 6 Statement of Financial Activities - 8 Balance Sheet - 9 Notes to the Charity Accounts The Hunterian Society Page 2 of 12 Charity Annual Accounts ## Reference and Administrative Information ## The Hunterian Society For the year ended 31 December 2024 Registered charity No: 229174 ## President Dr Catherine Corbishley-Michel ## Vice President Professor Michael Gleeson Mr John Tricker ## Honorary Secretary Dr Tina Challacombe Honorary Treasurer: Professor Stephen Challacombe ## Editor: Mr Surendramohan Chandpal Paul ## Curator: Mr William Edwards ## Trustees: Andrew Brown Professor Stephen Challacombe Dr Tina Challacombe Surendramohan Chandpal Paul Dr Catherine Corbishley-Michel William Edwards Nicholas Gibbins Professor Michael Gleeson Anjna Harrar John Skipper Ian Stephen John Tricker ## Co-Opted Member: Mr Ian Stephen ## General Administrator: Ms Leah Parvin Mrs Betty Smallwood The Hunterian Society Page 3 of 12 Charity Annual Accounts Reference and Administrative Information ## Accountant & Independent Examiner: Martin Jansen Van Vuuren ACMA CGMA Do Your Accounts Limited Suit C, 4-6 Canfield Place London NW6 3BT ## Bankers Lloyds Bank plc 25 Gresham Street London EC2V 7HN ## Principal Address Lettsom House 11 Chandos Street London W1G 9EB The Hunterian Society Page 4 of 12 Charity Annual Accounts ## Independent Examiner's Report ## The Hunterian Society ## For the year ended 31 December 2024 ## Independent examiner’s report to the trustees of The Hunterian Society I report to the charity’s trustees on my examination of the accounts of the above charity for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s Statement** I have completed the examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; - or the accounts did not accord with the accounting records; - or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Martin Jansen Van Vuuren ACMA CGMA** Chartered Management Accountant Do Your Accounts Limited Suite C, 4-6 Canfield Place, London, NW6 3BT Date: 28 October 2025 The Hunterian Society Page 5 of 12 Charity Annual Accounts ## Statement of Financial Activities ## The Hunterian Society ## For the year ended 31 December 2024 ## INCOME AND EXPENDITURE |NOTES
UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
UNRESTRICTED
(2023)
RESTRICTED
-
RUDOLPH
FUND
(2023)
2023|NOTES
UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
UNRESTRICTED
(2023)
RESTRICTED
-
RUDOLPH
FUND
(2023)
2023|NOTES
UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
UNRESTRICTED
(2023)
RESTRICTED
-
RUDOLPH
FUND
(2023)
2023| |---|---|---| |INCOMINGRESOURCES||| ||Income from:|| |||Donations & Legacies| |||Donations and Gifts
720
-
720
-
-
-| |||Gift Aid Claimed
448
-
448
1,861
-
1,861| |||Membership Subscriptions
4,967
-
4,967
5,268
-
5,268| |||Sponsorships
335
-
335
-
-
-| |||Total Donations & Legacies
6,470
-
6,470
7,129
-
7,129
Charitable Activities| |||Income from
Members’ Events
2
12,887
-
12,887
-
-
-
Investment Income| |||Dividends and
Interest Income
3
6,510
14,194
20,704
6,527
13,852
20,379| |Total Income from:
25,867
14,194
40,061
13,657
13,852
27,509
EXPENDITUREON:||| ||RaisingFunds|| ||Investment
Management Fees
4
467
995
1,461
439
949
1,388
Charitable Activities|| |||Costs of Meetings
2
19,249
80
19,329
4,685
-
4,685| |||Depreciation Expense
7
-
621
621
-
729
729| |||Journal
-
-
-
983
363
1,346| |||Printing & Stationery
413
570
983
-
-
-| |||Prizes and Grants
250
1,085
1,335
1,071
171
1,242| |||Speaker Expenses
-
38
38
214
-
214| |||Subscriptions
-
70
70
-
58
58| |||Transactions Digitisation
-
-
-
-
3,037
3,037
Support Costs| |||Administrative Costs
4,936
-
4,936
7,317
-
7,317| |||Telephone & Internet
1,072
-
1,072
1,038
-
1,038| |||Volunteer Welfare and Gifts
720
-
720
-
-
-| |||Website
83
1,211
1,294
-
1,348
1,348| |||Total Support Costs
6,811
1,211
8,022
8,355
1,348
9,703| Governance Cost The Hunterian Society Page 6 of 12 Charity Annual Accounts Statement of Financial Activities |||||||RESTRICTED|| |---|---|---|---|---|---|---|---| |||||||-|| ||NOTES|UNRESTRICTED|RESTRICTED -
RUDOLPH FUND|2024|UNRESTRICTED
(2023)|RUDOLPH
FUND|2023| |||||||(2023)|| |Accountancy Fees||-|2,603|2,603|-|-|-| |Independent Examiners Fees||-|510|510|-|-|-| |Total Governance Cost||-|3,113|3,113|-|-|-| |Total Charitable Activities||26,724|6,789|33,512|15,308|5,706|21,014| |TOTAL EXPENDITURE||27,190|7,783|34,974|15,747|6,655|22,402| |NET|||||||| |INCOME/(EXPENDITURE)
BEFORE GAINS/ (LOSSES) ON||(1,323)|6,411|5,087|(2,090)|7,197|5,107| |INVESTMENTS|||||||| |Net Gains/(Losses) on Investments|||||||| |Net gains/(losses) on
investments|6|18,844|51,624|70,468|-|-|-| |NET
INCOME/(EXPENDITURE)||17,521|58,035|75,555|(2,090)|7,197|5,107| |Transfers between Funds|||||||| |Interfund Transfer
In/(Out)|8|37,841|(37,841)|-|-|-|-| |NET MOVEMENT IN FUNDS||55,362|20,193|75,555|(2,090)|7,197|5,107| |||||||RESTRICTED|| |||||||-|| ||NOTES|UNRESTRICTED|RESTRICTED -
RUDOLPH FUND|2024|UNRESTRICTED
(2023)|RUDOLPH
FUND|2023| |||||||(2023)|| |RECONCILIATIONOF FUNDS:|||||||| |Net Movement in Funds||55,362|20,193|75,555|(2,090)|7,197|5,107| |General Fund Reserve||132,332|-|132,332|134,422|-|134,422| |Rudolph Fund Reserve (Restricted)||-|397,025|397,025|-|389,828|389,828| |Total funds carried forward||187,694|417,218|604,912|132,332|397,025|529,357| The Hunterian Society Page 7 of 12 Charity Annual Accounts ## Balance Sheet ## The Hunterian Society As at 31 December 2024 |Balance Sheet
The Hunterian Society
As at 31 December 2024|Balance Sheet
The Hunterian Society
As at 31 December 2024| |---|---| |NOTES
UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
UNRESTRICTED
(2023)
RESTRICTED
-
RUDOLPH
FUND
(2023)
2023|| |FIXED ASSETS|| ||Tangible Assets| ||Computer Equipment
7
-
-
-
-
3
3| ||Museum at London
Clinic
7
-
3,505
3,505
(37,841)
41,964
4,123| ||Investments
163,565
367,418
530,983
144,721
305,794
450,515| |TOTAL FIXED ASSETS
163,565
370,923
534,488
106,880
347,761
454,641
CURRENT ASSETS|| |Stock of Medals
-
3,172
3,172
-
3,172
3,172|| |Due from General Fund
-
1,211
1,211
-
-
-|| |Gift Aid Receivable (HMRC)
448
-
448
-
-
-|| |Broker Deposits
59
9,975
10,035
526
970
1,496|| |Cash at bank and in hand
24,832
35,151
59,984
24,926
47,022
71,948|| |TOTAL CURRENT ASSETS
25,339
49,509
74,849
25,452
51,164
76,616
CREDITORS:AmountsFallingDueWithinOneYear|| |Creditors and Accruals
-
3,213
3,213
-
1,900
1,900|| |Due to Rudolph Fund (Restricted)
1,211
-
1,211
-
-
-|| |NET CURRENT ASSETS
(LIABILITIES)
24,129
46,296
70,424
25,452
49,264
74,716|| |NET ASSETS
187,694
417,218
604,912
132,332
397,025
529,357
FUNDS OF THECHARITY|| |Movement in Funds
8
55,362
20,193
75,555
(2,090)
7,197
5,107|| |Reserves
8
132,332
397,025
529,357
134,422
389,828
524,250|| |TOTAL CHARITY FUNDS
187,694
417,218
604,912
132,332
397,025
529,357|| Approved by the trustees and signed on their behalf Mr John Skipper (Treasurer) Professor Stephen Challacombe (Deputy Treasurer) The Hunterian Society Page 8 of 12 Charity Annual Accounts ## Notes to the Charity Accounts ## The Hunterian Society ## For the year ended 31 December 2024 ## 1. Accounting Policies The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.1 Basis Of Preparation** The financial statements have been prepared under the historical cost convention, except for investment assets which are measured at fair value (market value) at the reporting date. The accounts have been prepared in accordance with: - the Charities Act 2011, - the Charities SORP (FRS 102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and - the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Expenditure is classified using the natural categories of costs incurred, rather than by charitable activity. This is permitted under the Charities SORP (FRS 102) for smaller charities where it provides a clearer understanding of the charity’s operations. ## **1.2 Going Concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The financial statements have been prepared on a going concern basis, which the trustees consider appropriate based on the level of reserves and anticipated future income and expenditure. ## **1.3 Change in Accounting Policies** In prior years, investments were carried at cost. From 2024, investments are reported at market value at the balance sheet date, in accordance with the Charities SORP (FRS 102). This change has resulted in the recognition of unrealised gains of £70,468 in the Statement of Financial Activities. Comparative figures for 2023 have not been restated. ## **1.4 Recognition of income** Income is recognised when the charity has entitlement to the income, receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. Gift Aid tax recoverable is recognised when the associated donation is recognized. All other income is recognised gross and on a receivable basis. ## **1.5 Membership Subscriptions** Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions that entitle members to attend events or receive other benefits are recognised as income from charitable activities and classified under Income from Members’ Events. ## **1.6 Investment gains and losses** This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **1.7 Recognition of Expenditure and Liabilities** Liabilities are recognised on an accruals basis when there is a legal or constructive obligation and the amount can be measured reliably. Expenditure includes any irrecoverable VAT. Charitable activities include direct delivery costs, along with support and governance costs. Support costs cover administration and communication; governance costs cover compliance, including accountancy and independent examination fees. These support and governance costs have not been allocated across charitable activities. The Hunterian Society Page 9 of 12 Charity Annual Accounts Notes to the Charity Accounts ## **1.8 Fund Accounting** The charity maintains the following types of funds: - Unrestricted funds: General funds available for use at the discretion of the trustees in furtherance of the general objectives of the charity. - Restricted funds: Rudolph fund subject to specific conditions imposed by donors to furtherance of the charitable aims and activity of the society. Transfers between funds are made when approved by the trustees and in accordance with any restrictions imposed by donors. ## **1.9 Fixed Assets** Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged to write off the cost of assets over their expected useful lives using the following methods. - Computer equipment: 25% per annum, straight-line basis - Museum cabinets at the London Clinic: 15% per annum, reducing balance basis ## **1.10 Heritage Assets** The charity holds heritage assets in the form of museum items related to the life and work of John Hunter, together with the Society’s presidential chain insignia. These are regarded as inalienable and held principally for their historical and cultural significance. They are not recognised on the balance sheet as reliable cost information is unavailable and obtaining a valuation is not considered practicable. ## **1.11 Investments** Investments are stated at market value at the balance sheet date, with valuations provided by the Fund Managers. Realised and unrealised gains and losses are recognised in the Statement of Financial Activities. Income from investments is recognised when receivable. ## **1.12 Current Assets** Debtors are recognised at the amount expected to be received. Cash at bank is stated at nominal value and includes balances held in the charity’s accounts readily available for use. ## **1.13 Reserves Policy** The charity maintains reserves at a level sufficient to meet its operational commitments and to ensure financial stability. The trustees review the reserves policy annually, taking into account the charity’s future plans, risks and the need to maintain adequate unrestricted funds to support core activities. Restricted funds are held and used in accordance with donor-imposed conditions. ## **1.14 Events After the Reporting Date** There are no material events after the reporting date which require adjustment or disclosure in the financial statements. ## 2. Prior Year Restatement – Event Income and Meeting Costs Comparatives for the year ended 31 December 2023 have been restated to show event income and related costs on a gross basis, in line with the Charities SORP (FRS 102). - Income from Members’ Events was previously nil and is now restated as £4,968. - Costs of Meetings were previously shown net at £4,685 and are now reported gross at £9,653. This is a presentation change only and does not affect net income or funds carried forward. The Hunterian Society Page 10 of 12 Charity Annual Accounts Notes to the Charity Accounts ## 3. Investment Income All of the charity’s investment income of £20,704 (2023: £20,379) arises from dividends and interest received on investments managed by Cazenove Capital. These investments are held in multi-asset funds comprising a diversified portfolio of equities, bonds and other securities. ## 4. Investment Management Costs The charity incurred investment management fees of £1,461 (2023: £1,388 relating to the portfolio managed by Cazenove Capital. These are reported within Expenditure on Raising Funds. ## 5. Staff costs The charity had no employees during the year (2023: none). ## 6. Net Gains/(Losses) on Investments The net gains on investments of £70,468 (2023: £nil) represent the movement in the market value of the portfolio managed by Cazenove Capital. In prior years, investments were reported at cost; the change to market value presentation is in line with the Charities SORP (FRS 102). ## 7. Fixed Assets Depreciation of £621 (2023: £729) was charged in the year, comprising £3 on computer equipment and £618 on the museum at London Clinic. |UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
2023|UNRESTRICTED
RESTRICTED -
RUDOLPH FUND
2024
2023| |---|---| |TangibleAssets|| ||Computer Equipment| ||Computer Equipment
-
1,831
1,831
1,831| ||Less Accumulated Depreciation on Computer Equipment
-
(1,831)
(1,831)
(1,828)| ||Total Computer Equipment
-
-
-
3
Museum at London Clinic| ||Museum at London Clinic
-
45,957
45,957
45,957| ||Less Accumulated Depreciation on Museum at London Clinic
-
(42,452)
(42,452)
(41,834)| ||Total Museum at London Clinic
-
3,505
3,505
4,123| ||Total Tangible Assets
-
3,505
3,505
4,126| ## 8. Fund Movements ||UNRESTRICTED|RESTRICTED -
RUDOLPH FUND|2024|2023| |---|---|---|---|---| |Movementin Funds||||| |Net Income/(Expenditure)|17,521|58,035|75,555|5,107| |Interfund Transfer In/(Out)|37,841|(37,841)|-|-| |Net Movement in Funds|55,362|20,193|75,555|5,107| |Fund Opening Balance|132,332|397,025|529,357|524,250| |Total Funds|187,694|417,218|604,912|529,357| The Hunterian Society Page 11 of 12 Charity Annual Accounts Notes to the Charity Accounts ## Transfer Between Funds The interfund transfer of £37,841 from the Restricted Rudolph Fund to the Unrestricted General Fund reflects the alignment of museum assets with their related depreciation charges. This ensures both the assets and accumulated depreciation are reported within the Rudolph Fund, where the assets are held. ## 9. Trustee Remuneration & Related Parties No trustee received any remuneration or reimbursement of expenses during the year (prior year: none). There were no related party transactions during the year. The Hunterian Society Page 12 of 12 Charity Annual Accounts