Docusign Envelope ID". BM3FE63-B8DE-4651-9052-36F83A7AEBCE
British Geriatrics Society
Improving healthcare
forolder people
THE BRITISH GERIATRICS SOCIETY
(A Company Limited by Guarantee)
REPORT OF THE TRUSTEES
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025
Charity registration number: 268762
Company registration number: 1189776 (England and Wales)

Docusign Envelope ID". BM3FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Contents
For the year ended 31 March 2025
TABLE OF CONTENTS
Pa
Charity Reference and Administrative Details
Trustee5' Annual Report
4-26
Independent Auditor'5 Report
27-30
Statement of Financial Activities (Group Consolidated)
31
Balance Sheets
32
Statement of cash flows
33
Note5 to the Financial Statements
34-48

Docusign Envelope ID". BA43FE63-B8DE4651-9052-36F83A7AEBCE
The British Geriatrics Society
Charity Reference and Administrative Details
For the year ended 31 March 2025
CHARITY REGISTRATION NUMBER
268762
COMPANY REGISTRATION NUMBER
1189776 (England & Wales)
President
Professor Adam Gordon (demitted 15 November 2024)
Professor Jugdeep Dhesi {appointed 15 November 20241
President-Elect
Professor Jugdeep Dhesi (demitted 15 November 2024)
Dr Amit Arora (appointed 15 November 2024)
Honorary Secretary
Dr Ruth Law
Honorary Treasurer
Dr Liz Lawn
Chair BGS England Council
Dr Richard Biram
Chair BGS Northern Ireland Council
Dr Jan Ritchie
Chair BGS Scotland Council
Dr Bob Caslake
Chair BGS Wales Council
Dr Karl Davis
Co-chairs BGS Trainees Council
Dr Victoria O'Brien
Dr Julianaa Raghu
Chair BGS Nurses and AHPS Council
Dr Esther Clift (demitted 15 November 2024)
Lyndsey Dunn (appointed 15 November 2024)
Lay Trustee
Mr Nicholas Pahl
Lay Trustee
Ms Stephanie Harland
CHIEF EXECUTIVE OFFICER
Ms Sarah Mistry

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Charity Reference and Administrative Details
For the year ended 31 March 2025
PRINCIPAL AND REGISTERED OFFICE Marjory Warren House
31 St John's Square
London
ECIM 4DN
AUDITOR
MHA,
Building 4,
Foundation Park,
Roxborough Way
Maidenhead,
SL6 3UD
BANKERS
Santander UK plc
2 Triton Square,
Regent's Place,
London
NWI 3AN
Flagstone Investment Management Ltd
Clareville House,
26-27 Oxendon St,
London
SWIY 4EL
INVESTMENT ADVISERS
CCLA Fund Managers Limited
Senator House
85 Queen Victoria Street
London
EC4V 4ET

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The Trustees are pleased to present their annual report for the year ended 31 March 2025,
under the Companies Act 2006 and the Charities Act 2011, together with the audited financial
statements for that year, and confirm that they comply with the requirements of the Acts and
the Charities SORP { FRS 102). The report and accounts have also been prepared to fulfil the
requirements for a Director's Report for the purposes of company law.
AND MI
Charitable Objects
The Society was established in 1947 to serve the healthcare needs of older people living with
frailty - a large and increasing sector of the UK and world population. The Society's objects, as
set out in the Memorandum of Association, are 'the relief of suffering and distress amongst the
aged and infirm by the improvement of standards of medical care for such persons.
Charltable mlsslon
In line with the Objects, the Society's charitable mission is to improve healthcare for older
people.
We pursue our Objects and mission through the objectives and activities set out in the section
below.
OBJECTIVES AND ACTIVITIES INCLUDING PUBLIC BENEFIT
Our objectives, which we refer to as our 'specific aims, are to
Inspire students and trainees to specialise in the care of older people, and to support
their education, training, clinical effertiveness and career development-
Promote high standards of clinical quality through conferences, meetings, information,
good practice guidance, and educational and training opportunities.
Encourage the sharing of learning and best practice, both within and across relevant
disciplines;
Promote research into the healthcare of older people, facilitating access to research and
opportunities to generate research.
Act as the informed policy voice regarding educational curricula. clinical standards-
research,. effective commissioning practice and health policy regarding the treatment
and care of older people across the UK.
Raise awareness among healthcare professionals of the role of 'living well, in preventing
disease in old age.
These long-term aims are translated through a Strategic Plan into five strategic objectives. We
describe achievements later in this report under these five areas.

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
Principal activities
Our aims and objectives are met through delivery of a set of activities, as follows..
national, regional and special interest meetings to share research and clinical best
prartice.
publishing approved research papers, clinical guidance and resources,.
promoting research, education and training in all aspects of healthcare for older people.
providing expert input into the formulation of policy relevant to the care of older people.
Below, we look at each of these in turn with reference to the 'public benefit, test.
Public benefit
The Society's overall purpose is to improve healthcare for older people, chiefly by driving up
standards of NHS healthcare for older people across the UK through the member services and
activities described below, The ultimate beneficiaries of our work are older people with frailty
and other complex health needs who benefit from improved NHS healthcare from the
physicians, nursing staff and allied health professionals whose knowledge, understanding and
confidence are being raised through the activities of the Society. This public benefit is
accessible free of charge through NHS services for older people. Older patients are by far the
largest population group using NHS services, whether in the community or in hospitals.
Almost 12 million people in the UK are currently of pensionable age and this is projected to rise
to over 15 million by 2045. The fastest g rowing age group is the over 85 population which is
projected to double by 2045. The fact that people are living longer lives is a great success
story. It comes with many positive dimensions, which should be roundly celebrated, but also
brings major challenges. Research published in January 2018 estimates that between 2015
and 2035, the prevalence of multi-morbidity (multiple diagnoses of chronic illness) is set to
increase, with the proportion of those diagnosed with four or more illnesses almost doubling.
Two thirds of those with four or more illnesses will have mental ill-health, such as depression,
dementia, and other forms of cognitive impai rment. Older people are more likely to have
chronic conditions than any other age group - 580/0 of people over 60 have at least one chronic
illness compared to 140/0 of those under 40. Around IOO/o of people aged over 65 and a quarter
to a half of those over 85 live with frailty. Management of frailty costs UK healthcare systems
£5.8billion per year. Older people account for around 400/0 of all admissions to acute hospitals
in the UK and occupy around two thirds of hospital beds at any one time. The NHS is currently
in crisis, having experienced continued pressure since the COVID pandemic. The challenge of
meeting rising demand for healthcare in an economic environment of increasing costs and
workforce shortages has plagued successive governments. In this context, the role of the BGS
is more vital than ever, to lobby for health and social care services to be designed to meet the
needs of the ageing population and to help ensure that the right people with the right skills are
in place to ensure that older people can access the care they need, where and when they need
As we illustrate below, the trustees have had regard to the Charity Commission's guidance on
public benefit when reviewing the Society's aims and objectives, overseeing the delivery of the
service activities which flow from them, and planning its future activities:
National, regional. and special interest meetings
Our meetings are explicitly intended to improve patient care. They provide demonstrable
benefit by improving the knowledge and skills of geriatricians and other healthcare
professionals caring for older people, whether in NHS hospitals, in primary care settings or in

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
the community. Each year the Society holds two major national conferences which provide
Society members and other healthcare professionals with the opportunity to share their
research and clinical best practice. All submitted abstracts are subject to rigorous peer review
prior to acceptance as either platform presentations or posters. The meetings provide a forum
for Continuing Professional Development (CPD), which follows a five-year cycle to ensure that
all pertinent clinical topics within the specialty of geriatric medicine are regularly examined.
Included in the meetings are guest lectures and sessions presented by the Society's Special
Interest Groups {SIGs). In addition to the national conferences, regional meetings and
specialist conferences are held to address topical andlor sub-specialty issues. Some of these
are undertaken through partnership working with other specialist societies and charitable
organisations.
Publication of research and clinical guidance
The Society publishes best prartice statements, guidance on clinical quality, tools, and
resources, which are freely available on its website. This information is widely used as a source
of authoritative guidance for healthcare professionals and lay people alike, Through the
expertise of our 16 Special Interest Groups covering a wide range of topics related to geriatric
medicine, we keep these ￿sOurCeS up to date in order to meet the needs of our members and
others with an interest in current developments and evidence on the healthcare of older
people.
Healthcare professionals in the UK and across the world benefit from peer-reviewed scientific
papers, which the BGS publishes in its official joumal, Age and Ageing. The journal is published
in a hybrid format by Oxford University Press, which means authors have the option of an
Open Access license (free to read immediately) or a standard license (subscriber-only for 12
months, then free)- Currently 510/0 of content is published Open Access and the rest IS
available online to the Society's members as part of their membership package, and also to
paid subscribers. The journal is fully compliant with the Research Councils UK and the
Wellcome Trust Open Access policies and belongs to major national and international Read &
Publish Agreements, including the Joint Information Systems Committee IJISC), which covers
most UK universities. In addition, we also grant a free access waiver to a number of key
papers to allow the clinical community to have immediate free access to important work which
might influence practice. Age and Ageing has a worldwide reputation for publishing refereed
original articles and commissioned reviews on geriatric medicine and gerontology. It has
become increasingly influential among geriatrics and gerontology publications.
Promotion of research, education, and training
Providing high-quality healthcare to older people with complex health needs relies upon
keeping abreast of latest evidence regarding prevention, treatment, and care, and
indeed adding to that evidence base. The promotion of academic and research artivity
in relation to older people and the translation of findings into clinical prartice is one of
the Society's core aims. The Society delivers much of its education and training through
scientific meetings. Following the COVID-19 pandemic, the BGS has strengthened its
online offer. Our events are now all available for vi rtual participation, which has enabled
busy healthcare professionals to have ready access to high-quality content, live and
after the event.
The Society supports the education and training of those members who may not be able
to afford to attend our conferences through a system of free places for our national
conferences. Since 2019, we have run a Fellowship scheme with Vivensa Foundation
(formerly Dunhill Medical Trust), which provides full funding for one doctoral training
Fellowship per year. Applicants, research topics must be clinically relevant to the care of
older people and there is a rigorous competitive process for this prestigious award. We
are embarking on a further partnership with Vivensa to support undergraduates to gain

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
experience of research into ageing through 6-week placements in university
departments.
Providing expert input into policy relevant to the care of older people
The Society aims to provide expert input to the development of policy at a national level within
the four nations of the UK. The Society provides comment, responses, and information to a
variety of agencies including Government and parliamentary bodies, N HS England and its
equivalents in the other nations, the Department of Health and Care in each of the four
countries of the United Kingdom, the National Institute for Health and Care Excellence (NICE),
the Care Quality Commission and other professional bodies. Senior officers represent the
Society's positions in print and media. The Society has an active social media presence
including a BGS blog, X accounts for the Society and for Age and Ageing, a Facebook page and
Linkedln pages.
HIEVEMENT
AND PERF
RMAN
Our strategic planning cycle
The BGS has adopted a fixed, three-year planning cycle. For each year of the strategic plan,
strategic objectives are flowed through into annual operational plans, and from there to
committee workplans and individual staff members, objectives so that Vice-Presidents and
their committees and the staff team are aware of their specific contribution in achieving the
organisation's strategic objectives. The annual operational plan and accompanying annual
budget are presented to the Trustee Board for approval before the start of each year and
reported against at quarterly Trustee Board meetings.
Strategic Plan 2023/26
BGS members approved a Strategic Plan for the three years from l April 2023 to 31 March
2026 at the AGM in November 2022. The Strategy set out five objectives in pursuit of the
Society's mission to improve healthcare for older people.
These are..
l. Clinical quality and professional practice To promote high standards of clinical quality
in the healthcare of older people by developing knowledge and improving practice.
Intended outcome.. By 2026, we will have contributed to the delivery of better healthcare for
older people across all care settings by developing and sharing tools, gu idance and examples
which enable healthcare professionals to improve their practice.
2. Workforce - To support recruitment, retention and development initiatives that increase
numbers of specialists in the care of older people and help existing staff to have the
appropriate skills and support to deliver good care for older people in the right place at the
right time.
Intended outcome.. By 2026, we will have worked with others to address the workforce crisis
by helping to increase the size and skill base of the specialist workforce delivering care for
older people, and by contributing to action on the workforce needed to provide care to an
ageing population.
3. Education and professional development - To support continuing professional
development of those specialising and working in healthcare of older people.
Intended outcome.. By 2026, we will have enhanced the BGS educational offering for

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
multidisciplinary professionals working in older people's healthcare across different care
settings, providing a range of meetings and learning opportunities to enable their continuing
professional development.
4. Policy and communications - To influence the decisions, programmes and
implementation of policymakers, commissioners, system partners and health professionals
relating to older people's healthcare across the UK.
Intended outcome.. By 2026, we will have increased our profile and voice, and will be
successfully influencing the development, design and implementation of national and regional
programmes and policy for older people's healthcare.
5. Research and evidence - To promote research into older people's health and healthcare,
and the application of evidence-based knowledge to clinical practice across the continuum of
care.
Intended outcome.. By 2026, we will have strengthened research opportunities, skills and
impact through our research community and through the reputation and reach of our journal,
Age and Ageing.
The Strategic Plan 23/26 affirms some key principles in the way the BGS works across all
professions concerned with the healthcare of older people, across the four countrie5 of the UK
and across all care settings. It sets out values that inform how we work.. we aim to be person-
centred, inclusive, collaborative and proartive. The Plan also sets out how we will deliver our
objertives over the three-year period: through BGS members and the staff team, by increasing
and diversifying our income and making OLJr money work harder, by strengthening our
governance, by modernising our infrastructure and by reviewing progress and adapting to the
changing context.
24-25 Context
This has been another challenging year for the NHS across the four countries of the UK. A new
Labour government won the July 2024 election. In England, the incoming Secretary of State
for Health and Social Care, Wes Streeting, immediately commissioned a review of the NHS,
which was led by Lord Darzi. While commenting on the impressive commitment of staff, the
report's hard-hitting message was that the NHS was broken and needed significant reform.
The Darzi Review set the scene for a NHS Ten Year Plan, which will be published in June 2025.
While governments across the four countries sought to strengthen care c105er to home by
investment in community and primary care services, there remained major problems of
overcrowding in emergency departments and hospital beds. The BGS sounded the alarm again
about the risk to older people's health and wellbeing of long waits on arrival in hospitals, sub-
standard care and deconditioning arising from prolonged hospital stays, particularly during the
prolonged period of winter pressures. 'Corridor care, appeared to be normalised, a situation
highly detrimental to the most vulnerable, including older people, and far from the standard of
care NHS professionals would wish to provide.
Discussion of palliative and end of life care achieved new prominence in 2024/25, thanks to
the debate surrounding a Private Member's Bill on Assisted Dying, with similar moves towards
Possible legislation in Scotland. The BGS published an updated position statement reaffirming
our opposition to assisted dying. Our statement was Cited by many, though the BGS was not
called to give evidence. Meanwhile the BGS President was appointed as a Commissioner for the
Palliative and End of Life Care, and various BGS members spoke as witnesses. The BGS has
been actively campaigning for better public and professional Ljnderstanding around end of life.
Nearly 700/0 of the 670,000 people who die in the UK each year are over 75, and the majority
of these do not have specialist palliative care but are supported at the end of life by specialists

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
in older people's care and generalist staff. There is a long way to go in ensuring that everyone
has access to honest conversations and supportive, compassionate care at the end of life.
The BGS convened a roundtable event in June 24 for senior leaders in the NHS, Royal
Colleges, charities and thinktanks, highlighting the need for a policy focus on older people as
the group who use healthcare services the most, and the need for preparation for an ageing
population. Sir Chris Whitty reiterated the themes from his 2023 Chief Medical Officer's report,
stressing the gains that could be made in terms of healthy longevity. The BGS feels there is
indeed greater recognition of the importance of meeting the complex needs of older people
with frailty, dementia and long-term conditions. We have been encouraged by the plans and
early implementation at national and regional level of integrated strategies which reflect the
age-attuned care we described in the BGS Blueprint.. Joining the Dots. Nevertheless, the
workforce is thinly stretched and there are too many examples of older people suffering
avoidable harms due to delays, fragmentation or duplication in parts of the system.
Against this challenging backdrop, BGS members continued to demonstrate their commitment
to providing the best care they could for older people, The BGS is extremely proud of the
dedication of its multidisciplinary members working in acute, primary ènd community care.
Membership number5 continued to rise past 5300 during 2024125, consisting of 4800 fee
paying members and a further 500 retired and non-contributory members. We have seen
growth in membership from all professions. The sense of community is as strong as ever,
helped by a series of excellent national meetings and active contributions by more than 500
committee members and officers. The BGS has continued to be visible and assertive, with
senior leaders invited to speak at key NHS meetings, party conferences and in media
appearances. Strong stakeholder relationships with the Royal College of Emergency Medicine in
particular have provided opportunities to highlight the need for front door frailty services and
the risks to older people of long waits in emergency departments. We continue to bui Id on the
BG5 Blueprint summary of what good care for older people should look like, published in March
2023, with reports on rehabilitation and proactive care. We have established a group of
frontrunners from Integrated Care Systems (Icssl in England who are implementing
integrated approaches to care for older people with frailty and multimorbidity, and over the
next year will be sharing learning from their experience in practical forms for the benefit of
other regions across all four countries.
BGS members, and in particular honorary office bearers, namely, the trustees, deputies, Vice
Presidents, Council and committee members, and the officers of our Special Interest Groups,
regions, nations and jou rnal, continue to contribute a huge amount to our mission. We are
very grateful for their voluntary efforts, particularly given the other demands on them. They
lead and deliver much of the detailed work carried out by the Society, and we are deeply
indebted to them for finding the time and energy to contribute their expertise to improving
healthcare for older people across the UK through the work of the BGS. While this is a huge
asset, restrictions on study leave, study budgets and external commitments have made it even
harder for them to devote time to the BGS this year. Professor Adam Gordon completed his
term as BGS President in November 2024 and handed over to Professor Jugdeep Dhesi.
continuing the BGS tradition of highly visible, articulate leadership speaking up for older
people's care.
The BGS staff team stabilised at 16 people during 2024125, with the extra capacity for events,
digital learning, policy, marketing and finance helping to increase our output. The staff team
proudly supports the BGS'S membership, which stands at its highest ever level.
Geographically, BGS'S principal focus is the UK, and maintaining genuine UK-wide reach
remains one of our core concerns, particularly as health is a devolved responsibility and health
and social care services therefore vary between England, Scotland, Wales, and Northern
Ireland. We value the different perspectives of our members from across the UK and benefit
from cross-country comparisons and shared learning.

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The BGS has overseas members and its website resources are accessed by health
professionals from across the globe. We continue to welcome delegates from many countries
to BGS events online and in-person, and to host delegations and visitors. The Editorial Board of
Age and Ageing has members from all over the world, reflecting the international nature of the
journal.
Performance against strategic objectives
In the rest of this section the Trustees describe achievements during 2024125 against the
Society'5 Strategic objectives.
Objective I: Clinical quality and professional practice - 'To promote high standards of
clinical quality in the healthcare of older people by developing knowledge and
improving practice,
One of the crucial roles played by the Society is to enable those working with older people to
have access to information, resources, and expertise on good practice across the span of older
people's healthcare needs. The Vice President for Clinical Quality oversees the Clinical Quality
Committee (CQ Committee) and the Society's work in promoting high standards of clinical
quality.
During 24/25, Dr Tom Bartlett (Vice President for Clinical Qual ity) and colleagues focused on
improving the BGS'S relationship with NICE. The programme leads at NICE are open to a more
strategic focus on the implications of their guidelines for older people, and this has opened the
door to greater involvement by the BGS at an earlier stage of developi ng their
recommendations. Relationships with benchmarking/audit bodies such as Get It Right First
Time (GIR￿) and NHS Benchmarking offer the chance for strategic influence and we continue
to develop those.
The curation and re-development of our resources on Comprehensive Geriatrics Assessment
(CGA) took place this year, with a view to publishing in May 2025. This should help re-
establish BGS as the go-to place for resources and information on thi5 Vital tool.
The BGS has 16 Special Interest Groups (SIGS) serving as the Society's source of clinical
innovation, articulating and maintaining high standards of clinical care, and disseminating
specialist knowledge. Meetings of the Chairs of the SIGS, convened by our SIG lead, enable them
to share challenges, successes and ideas, and highlight the range of ways in which their expertise
informs BGS policy positions. It also feeds into reports and meetings from other specialties,
ensuring that the different needs of older people with frailty, dementia and long-term conditions
are propedy reflected. During 2024125, we held one-day conferences with the Cardiology, Falls
and Bones, Movement Disorders and POPS 51Gs. The Sarcopenia and Frailty Research SIG
organised a series of three 3 succe55ful webinars, with a final one due i n June 2025.
For the BGS Spring Conference 2024, the Dementia and Nutrition SIGS and Bladder and Bowel
SIGS organised parallel all-day sessions on the first day. For the remainder of the conference,
the Medicines Optimisation, Ethics and Law, and Cardiology SIGS contributed to the sessions.
At the BGS Autumn Conference 2024, the Dementia, Delirium, and Brain Health SIG and the
Movement Disorder SIG contributed to sessions.
Members of the End of Life Care SIG were highly active, responding to reports and attending
external meetings on behalf of the BGS, including the Commission, an Inquiry established by
the Health and Care Select Committee and NHSE events. The Ethics and Law SIG Chairs formed
a committee to review and update the BGS position on Assisted Dying.
10

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The Community and Primary Care Group, which formed in 2022, planned and held a full day of
sessions on Community Care for older people at the BGS Autumn meeting in November 2024,
which has led to some excellent engagement with leaders of community initiatives.
The BGS has 90 pharmacists in membership who formed a committee and meet four times a
year. This group is very active; they have contributed to BGS conference sessions, to
information on the BGS website and to external reports. They collaborate with the Medicines
Optimisation SIG on important issues such as deprescribing.
The CQ Committee held clinical quality sessions at the BGS national conferences. The top-
marked abstratts were delivered as platfom) presentations. The Committee continues to
promote QI practice and abstratt-writing and to showcase good examples.
The BGS responded to the following consultations:
I ) NICE decision aid on stable angina
Stakeholder review- Cardiology SIG
2) ICENI (Improving care in elderly neu rosurgery initiative working group) chronic subdural
haematoma (CSDH) consensus guideline - Peri-operative Care SIG
3) Non-ambulatory Fragility Fracture (NAFF) Pathway, GIR￿- Falls and Bones SIG.
4} NHSE ICB Delivering Acute Neurology Services - standards and outcomes-based acute
neurology service commissioning guidance -movement Disorder SIG
5) NICE draft guideline consultation Falls- assessment and prevention in older people
and people 50 and over at higher risk (update) -Falls and Bones SIG.
Objective 2: Workforce - 'To support recruitment, retention and development
initiatives that increase numbers of specialists in the care of older people and help
existing staff to have the appropriate skills and support to deliver good care for older
people in the right place at the right time.
Workforce pressures continue to plague the NHS and older people's healthcare. There are not
enoLJgh people with the skills needed to care for an ageing population with increasingly
complex needs.
Following the election of Dr Amit Arora as President Elect, Dr Claire Copeland was appointed to
take over from Dr Arora as Vice President for Workforce.
In autumn 2024, we launched the #ChooseGeriatrics campaign which celebrates the variety
and rewards of working in older people's healthcare. This campaign aims to address some of
the challenges of recruitment, including the bottlenecks faced by trainee doctors. The
campaign also tells uplifting stories of careers in geriatric medicine and shares why people
chose geriatrics. We currently have 152 #ChooseGeriatrics ambassadors who have committed
to sharing their stories or representing BGS at a careers fair or similar.
We have published the report from a survey of Training Programme Directors (TPDS), outlining
the challenges faced in recruitment locally and solutions that TPDS have come up with. This
report was presented as a poster at the BGS spring meeting in 2024.
Having been continually frustrated by the lack of data regarding nurses and allied health
professionals working with older people, we requested this data from NHS England through the
Freedom of Information Act. This data was provided to us and, despite having significant
concerns about the quality of the data, we published a report about it, highlighting the need
for more nurses and AHPS in older people's healthcare and more consistent data about them.
We are keen to secure data from the other countries to strengthen our call for recruitment,
retention and support of the multidisciplinary workforce caring for older people.

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
There has been very little progress on the NHS Long Term Workforce Plan published in 2023.
We expect a refreshed version of the plan to be published later this year.
We continue to campaign for recognition of the workforce caring for older people, who are the
group who use NHS services the most. The g rowth of Advanced Clinical Practitioner roles, the
recognition that older people's care cannot rely on specialists alone and the provision for Less
than Full Time working arrangements are all examples of ways in which workforce shortages
are being overcome.
Objective 3: Education and professional development - 'To support Continuing
professional development of those specialising and working in healthcare of older
people and to influence their training and education.
The Vice President for Education and Training oversees the BGS'S education and professional
development work. Dr lain Wilkinson took over as Vice-President for Education and Training.
The remit includes ensuring geriatric medicine training for doctors is delivered through the
appropriate curriculum and supported by accessible learning opportunities in the form of
meetings, e-learning and other resources. Our increasingly ageing population requires a larger
number of geriatricians. The BGS has set out a recommended undergraduate medical school
curriculum to ensure future doctors have a comprehensive understanding of older people's
specific healthcare needs. While promoting the recruitment, retention and development of
trainee doctors, the Education and Training Committee's remit also involves professional
development for the wider multidisciplinary team.
The BGS has a reputation for del ivering high-quality educational meetings. We continued these
in 2024125 as hybrid meetings, with delegates able to attend in person or online on the day.
Aiming for relevant, attractive content and excellent speakers, the meetings provided clinical
education, research updates and service delivery based upon a rolling Continuing Professional
Development (CPD) calendar and curricula for those specialising in older people's healthcare.
In 2024125, the main meetings we delivered were our Spring and Autumn three-day
conferences plus 4 stand-alone SIG conferences. In total we ran 16 hybrid meetings, and
seven online webinars for Trainees, Nurses and AHPS and wider audiences such as medical
students. We a150 ran a dedicated event for those in early-stage careers to consider the
specialty, Geriatrics 4 Juniors. We reached a total of 7687 delegates, up from 6510
registrations the previous year. As healthcare professionals, ability to attend specific days
decreases with work pressures, on-demand viewing means that people continued to register
and watch this content after the live events. These hybrid and virtual meetings received
overwhelmingly positive feedback. While we aim to ensure the substantial BGS events offer
continues to deliver an excellent delegate experience, with a hybrid format as standard for the
main meetings and virtual delivery of webinars and other learning opportunities, there remain
challenges. During 2024125, access to delegates, study leave and study budgets continued to
be restricted, as in previou5 years. BGS members and other would-be delegates reported a
decrease in study budgets, and many experienced freezes or caps on spending their budget.
These restrictions were also compounded by workforce pressures and industrial action in the
NHS, making it harder for people to attend live on the day.
The BGS continued to offer e-learning modules, on Frailty identification and intervention, and
adding two more on OncoGeriatrics and Delirium. We prepared another module, Continence in
older people, for launch in late spring 2025. In partnership with NHS England, the BGS agreed
to continue to provide free access to the Frailty eLearning module for all NHS and social care
staff. The module now has 11,487 learners, up from 5541 last year. The completion rate as of
March 2025 stood at 250/0. The 2024 Perioperative care of older people e-learning module
(POPS) course is being reviewed by the SIG so that it can be given a major update and
relaunch with current best practice information. There are over 15,000 sign-ups to these
modules and over 20,000 CPD credit5 have been earned.
12

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The BGS continued to collaborate with the Royal College of Physicians London (RCPL) on the
Diploma in Geriatric Medicine (DGM), promoting this to a wider audience including nurses,
allied health professionals, physician associates and other healthcare professionals. We signed
a further five-year agreement on delivery of the DGM with RCPL, which is positive, though
numbers remain stubbornly at the same level for the written exam year on year. We continue
to collaborate with the Federation of Royal Colleges in the delivery of the Specialty Certificate
Examination (SCE) in geriatric medicine. This has now moved to a nine-monthly rather than a
yearly cycle. The BGS is contributing to the development of a European exam based on the UK
SCE, which will see its first pilot in late April 2025.
Objective 4 Policy and communications - 'To influence the decisionsi programmes
and implementation of policymakers, commissioners, system partners and health
professionals relating to older people's healthcare across the UK.
During 2024/25, BGS continued to increase its voice and profile in the policy world, including
meeting with more politicians and ensuring that we are represented in relevant groups and
committees. Our policy work is led by the Honorary Secretary, Dr Ruth Law, supported by the
Deputy Honorary Secretary. The President and President Elect are also closely involved in our
policy work, representing the BGS in high-level meetings and media opportunities.
During our Spring Meeting in May 2024. the then Prime Minister announced a general election
to be held in summer, earlier than previously predicted. We announced our asks of parties
contesting the election during the policy breakfast the following day and then published our
election manifesto the following week. We engaged with the new Government Shortly after the
election by attending the Labour Party conference. Our President participated in a panel
discussion on end of life care with Ashley Dalton MP, one of the Secretary of State's
Parliamentary Private Secretaries. We also hosted a roundtable discussion with the Royal
College of Emergency Medicine and the Royal College of Psychiatrists, which was attended by
Dr Zubir Ahmed MP, another Parliamentary Private Secretary. We have since followed up with
Dr Ahmed and had a one-to-one meeting with him in late 2024. We also met with the Minister
for Health for Scotland to discuss the BGS Blueprint, Joining the Dots, and other issues
associated with older people's healthcare in Scotland.
In summer 2024, we hosted a private roundtable event with Professor Sir Chris Whitty and
Professor Sir Steve Powis to discuss how the ambitions set out in Professor Whitty's 2023
report should be achieved, using the principles set out in Joining the Dots. This event brought
together leaders from across health and social care to discuss how to care for the ageing
population. We published a report as a result of the event and plan to host a follow-up event in
autumn 2025.
Following the publication of Joining the Dots in 2023, in 2024 we published reports focused on
two of the 'touchpoints' outlined. First, we published Reablement, Rehabilitation, Recovery
which looks at the evidence behind rehabilitation services for older people and highlights
examples of best practice. Following this, we published two reports about proactive care. One
set out the evidence for proactive care in older people and the second set out how to deliver
proactive care in a primary care setting.
The BGS Ethics and Law SIG convened a working group to update our position on assisted
dying. The updated position statement was published in October 2024 and retained our
POSltion of being opposed to assisted dying. We have engaged in the parliamentary proce55
around assisted dying including providing written evidence to the committees considering the
13

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
issue in both Westminster and the Scottish Parliament. An amendment to the Westminster bill
was tabled based on our written evidence. We provided a briefing to the MP concerned and the
amendment was passed.
The public debate around assisted dying has skewed the debate about death and dying. We
have set out to remind the public and decision makers that most people die in old age, with
multiple long term conditions. Our President was appointed as a commissioner on the Palliative
and End of Life Commission and we have submitted evidence to the Health and Social Care
Select Committee Expert Panel considering this issue. We have also published the ffirst of a
series of key messages focusing on end of life care.
Our members continue to be under extreme pressure, especially during the winter months. We
published the third version of our winter statement highlighting our concerns. This statement
was supported by 23 other organisations and called on the new Government to make long
term changes that would make a difference to older people. We also published 12 tips to help
our members improve their services over the winter months.
The BGS'S media profile continued to grow during 24125. Over the course of the year 1,208
articles were published mentioning BGS or our journal, Age and Ageing, with key coverage
including Professor Jugdeep Dhesi being interviewed on BBC Breakfast, 4 pieces in the
Telegraph online, 3 pieces in The Times Online, 3 pieces in iNews as well as many pieces in
Nature, The BMJ and Dove Press for Age and Ageing.
We have continued to have a high-profile X presence, with over 37.2k followers as well as
growing our Linkedln page to 3.lk and Facebook followers to 2.3k.
The following news storiesi press releases and statements were published:
03.04.25 - BGS welcomes new National Clinical Director
02.05.24 - Professor Roy Soiza announced as new Editor-in-chief of Age and Ageing
15.05.24 - BGS report finds lack of rehabilitation hinders older people's recovery from
illness
22.05.24 - Dr Liam Barrett awarded 2024 BGSIDunhill Medical Trust Doctoral Fellowship
15.06.24 - Professor Adam Gordon awarded MBE in King's Birthday Honours
18.06.24 - His Majesty King Charles III remains patron of the BGS
18.07.24 - BGS, RCPE and RCPL call on Lord Darzi to prioritise older people's care
22.07.24 - BGS roundtable calls for transformation of older people's care
29.07.24 - Dr Amit Arora, creator of world-renowned reconditioning campaigns, to
become next BGS President Elert
01.08.24- New Delirium elearning course
02.08.24 - BGS Age and Ageing increases rank in the Geriatrics and Gerontology
category
08.08.24 - Lyndsey Dunn announced as Chair of the BGS Nurse and AHPS Council
27.08.24 - Joint statement.. 'Hospital at Home, not 'virtual wards,
29.08.24 - Dr Firdaus Hirii Adenwalla announced as winner of the Mariory Warren
Lifetime Achievement Award 2024
30.08.24 - BGS responds to MHRA'S approval of Lecanemab for early stages of
Alzheimer's disease
03.09.24 - BGS Rising Star Awards 2024.. Open for applications
10.09.24 - Dr Claire Copeland announced as new BGS Vice President Workforce
12.09.24 - BGS responds to Darzi Review
26.09.24 - BGS launches #ChooseGeriatrics
25.09.25 - Dr lain Wil kinson announced as new BGS Vice President Education and
Training
25.09.24 - BGS responds to reports of Ageing Well cuts
14

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
15.10.24- BGS Annual General Meeting (AGM) 2024
24.10.24 - BGS issues stark warning to the new government ahead of winter
30. 10. 24 - BGS publishes evidence in support of proactive care for older people
06. 11. 24 - Opportunity for healthcare professionals working with older people to apply
for the Diploma in Geriatric Medicine
07. 11. 25 - New BGS Oncogeriatrics elearning course
08. 11. 24 - BGS issues updated position statement on Assisted Dying
14. 11. 24 - BGS publishes recommendations on how to deliver proactive care
15. 11. 24 - Angela Conlan wins 2024 BGS Special Medal for her creative work with older
people
28.11.24 - BGS welcomes new President and President Elect
04.12.24 - Professor Ken Rockwood wins 2024 BGS President's Medal
13. 12. 24 - BGS and Dunhill Medical Trust announce Doctoral Training Fellowship for 2025
12.12.24 - BGS publishes #ChooseGeriatrics-themed 12 Days of Christmas
19.12.24 - BGS announces Rising Star Award Winners for 2024
01.01. 25 Joe Wicks encourages older people to get active in preparation for surgery
03.02,25 - BGS responds to the government's announcement of a social care commission
14.01. 25 - Prestigious Dhole-Eddlestone Memorial Prize 8warded to study on
deprescribing blood pressure treatments in older adult5 Wlth dementia
22.01. 25 - BGS statement on the healthcare sector providing care in corridors
31.01.25 The BGS pushes to provide oral evidence to Assisted Dying committee
21.02.25 - BGS condemns MRCP{UK) Part 2 results error
25.02. 25 - BGS welcomes amendment to assisted dying bill that will safeguard older
people with frailty
28.3. 25 - BGS publishes report on workforce data for nurses and allied health
professionals working in older people's healthcare
To adapt to the changing needs of our members and users, the BGS website was fully
redeveloped and relaunched in February 2025. The new website offers a much more powerful
and intuitive interface to help healthcare professionals to access the most relevant and current
information, which was identified as an area for improvement in initial user experience research.
It also include5 new features such as bookmarking, a 'portals' area bringing together curated
content on specific topics, and gamified profile completion to incentivise users to keep their
personal information up-to-date.
This update also provides an upgrade to our content management system (CMS) from Drupal 7
to Drupal 10, allowing more secure integration with our Customer Relationship Management
(CRM) database, improving the member journey and facilitating easier membership sign-up. It
provides a smarter and more powerful system on which to run our online/hybrid events, poster
submissions, elearning and other activities that the Society is increasingly delivering digitally.
Some of the most frequently accessed areas of the website during 24/25 include our elearning
modules, our End of Life Care in Frailty resource series, the Silver Book 11 and our 2023 report
on Front Door Frailty. New pages which have seen the highest number of visitors include ou r
frailty language guide, written in 2024, and our recent reports on rehabilitation and proactive
care.
The BGS member magazine, AGENDA, is published in hard copy format and sent to all BGS
members every two months. Each issue is themed on a topic relevant to healthcare
professionals working with older people, and in 24/25 these included cognitive and mental
health, rehabilitation, proactive care and the charity sector. The magazine also provides
updates on BGS activities, including reports, policy developments and clinical updates.
15

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
Objective 5: Research and evidence - 'To promote research into older people's health
and healthcare, and the application of evidence-based knowledge to clinical practice
across the continuum of care..
The Vice President for Research and Academic Affairs oversees the Society's work to promote,
enable, support, and communicate research which can ultimately improve the care of older
people. Professor Miles Witham leads this work, supported by the Research and Academic
Development Committee (RADC).
BGS 15 in a key p051tion to ensure that the voice of clinicians is heard in setting research
agendas. In particular, the BGS Special Interest Groups {SIGs) comprise large groups of
experts who can contribute insights into what questions research should address, and how
these questions should be addressed. The SIGS help to answer these questions and to ensure
that new research evidence about ageing and older people's care are taken up rapidly into
practice. The SIGS were asked for PICOS in July 2024 and 3 were submitted. The RADC will
also develop a pandemic research response strategic plan to delineate what key components of
an effective research response for older people need to be in place. The nucleus of a working
group is coming together for a first meeting of this group. In partnership with workforce
committee colleagues, they will develop guidance and examples for the allocation of job plan
time for research with older people.
The research and clinical quality committees adjudicated the abstract submissions for the BGS
national meetings. In autumn 2024, we had 13 platform presentations, 10 President's round
presentations and 129 posters.
Planning has been underway during 24125 for a submitted research symposium slot at the BGS
Autumn Meeting. It is hoped that this will allow showcasing of large, impactful, programmatic
research which is likely to be of major interest to BGS members and is in many cases likely to
change practice.
The BGS jointly funds PhD Fellowships with Dunhill Medical Trust (now renamed Vivensa). Th
BGS Board agreed to continue this funding partnership for a further 3 PhD Fellowship5 from 2025
onwards, with the next successful Fellow being announced at the Spring Meeting 2026.
We a150 agreed to collaborate with Dunhill/Vivensa on a pilot scheme for undergraduates. Host
institutions such as university departments will be funded to offer six-week placements in ageing
research to give students from different courses exposure to academic work focused on issues
relevant to the care of older people. The scheme was announced at the BGS Spring conference
2025.
The BGS'S high-impatt journal, Age and Ageing, is published in monthly online issues, with
occasional supplementary issues (including the WHO Measurements of Health A
ein
supplement) and special themed collections throughout the year. The journal website and
submission process offer a high-quality reader experience and a modern and attractive offering
to authors.
Professor Roy Soiza succeeded Professor Rowan Harwood as Editor in Chief in June 2024 and
has overseen a smooth transition. He has developed an Editorial Strategy with a focus on
growth in impact and the retention of our strong reputation and standing as a society journal.
The team of Associate Editors and Senior Editors, with the Deputy Editor and Editor in Chief
now numbers 42. We give regular consideration to recruitment needs in order to maintain a
team of this size, to ensure diversity of expertise and geographic rep￿SentatiOn, and to meet
the challenges of an ever-increasing workload. Editorial processes and administration are
supported by tools and training to protect against the potential risks of fraud. Regular analysis
of the Journal's financial position and connections with professional networks help to keep us
16

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
abreast of changes and trends in the funding environments. Our current position as a hybrid
journal remains strong and gives us access to the widest and growing number of Read and
Publish (R&P) agreements for the funding of authors wishing to opt for an Open Access licence,
and retaining the option of a free standard licence for authors without funding.
The editorial process continues to perform well and we benefit from a high and growing
submission rate. In the period l April 2024 to 3 1 March 25, the journal received 3,150
submissions, which is a 320/0 increase on last year, and accepted 307 for publication, which is
a 160/0 increase on last year. The maintenance of this low acceptance rate reflerts the
continued high quality of journal content. The increased output is good for income and as an
indicator of good reputation, but recruitment and careful succession planning are needed to
ensure sustainability of our editorial and production capacity.
The impact of the journal can be measured by the following metrics:
Journal Impact Factor is scoted annually and in 2024 rose to 7.1.
Age and Ageing rtmains a high-ranking (QI) journal and is 5/73in the Geriatrics and
Gerontology category and within this is the hifhest ranking clinical geriatrics journal.
The usage rate in this period remains static at was 2.5 million article downloads, which
is the same as recorded last year.
Subscriptions are agreed annually, and at the end of 2024 we had 8,092 subscriptions,
an increase due to new Read & PLJblish agreements opening in South America.
Open Access uptake remains at 5 10/0 in the reporting period. This results in a healthy
additional income stream and is a good indicator for future financial sustainability.
Journal income, as reflected in the 2024 financial report, was £596,910. Expenditure
was £ 143,366, resulting in profit to the BGS of £453,544 (before salary and
overheads).
After a thorough consultation and benchmarking process, the 2024-27 Publishing Agreement
has been finalised with OUP. The Editorial Executive developed a strategy for Open Access and
potential future publishing models. We remain in a strong posltion as a hybrid journal and are
monitoring the triggers that would indicate that it is time to transition (flip) to a fully Open
Access publishing model. The new Publishing Agreement is adaptable for that eventuality.
Delivering the Strategic Plan
a. Membership
During 2024125 we continued to surpass our 5,000 membership target and at the highest
point of the year, achieved a record 5,300 members. Our membership continues to grow
across all membership categories, in particular the category of membership for nurses and
AHP. As a multidisciplinary Society, it is vital that we welcome all healthcare professionals
involved in the care of older people come together to achieve our mission.
The expansion of the elearning courses and events has driven the growth of our membership.
Existing and new members can identify the member value in our educational content and
resources, and this is evident in the membership signups. Our members join the Society and
usually thereafter sign up to an elearning course as these are free for members of the Society.
Or they register to attend an event which is discounted to members of the Society. With the
new microlearning offer in 2025, we will only see an increase in our membership, as this is
another useful free member benefit.
Other than elearning and events, we have aided recruitment and retention through our
#ChooseGeriatrics campaign. We have had over 150 enthusiastic members signing up to
17

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
become ambassadors. They, along with many other members and professionals have been
able to highlight the diversity and flexibility of roles across the multidisciplinary team. This
helps people wishing to specialise in older people's healthcare to access the information they
need to start on this journey and become part of the strong community providing high-quality
care for older people. We continue to attend as many career fairs and external healthcare
events as possible to reach those in their early years of study and career to provide an insight
of geriatrics.
b. Inclusion and sustainability
The BGS has a sustainability policy and is a member of the UK Health Alliance on Climate
Change. supporting their campaigns about sustainable healthcare and reduction of wastage.
We aim to ensure the way we deliver our meetings and run the organisation is as green as
possible. Professor Rowan Harwood is now our BGS Sustainability Lead, working alongside
Florence Wedmore, our Trainees Council representative.
The BGS Equality, Diversity and Inclusion Group met regularly, working to develop an
approach to EDI across the BGS'S activities and to advocate externally against ageism which is
pervasive within healthcare. Members of the EDI Group have been involved in a collaboration
with RCGP which will produce a Core20Plus5 framework for older people, offering a strurtured
approach to addressing the inequalities experienced by older people in accessing and using
healthcare.
c. Overview of achievements
The BGS produced an infographic in March 2025, which gives an overview of achievements
during 2024125.
18

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
6th BGSIDunhill PhD
Fellowship awarded to
research proje<t orb
the effett of ageinK
and blood thlnr
event Al￿nded
by 25 senior
campaign launched.
celebrating the variety and
reward5 of career5 in older
people's healthcare
37k
on
er
7,687
delegates
Posltion on a5515te
dying updated.
Input to Palliative and End of
Lifecommiswon and Ir4uiry.
163
#Choose
ambassadors
attended BGS evenrs and webinars
A total of
5,310
67
2.6 million
blogs
published
Age and Ageing
article downloads
BGS members spanningk
11 four UK nations and
across the entire
muliidisciplinary team
Reports publlsh•d
New
website
launched
Proactive care
Nurse & AHP workforce
BGS Presidenc
Prof Jugdeep Dhesl
Reablernent. rehabilitation
and recovery
BGS roundt3ble evenr
aPPEared BBC
18k
members
of our
Special
Interest
Groups
ISIGs1
Hi8he5t ranking
'.thical geriatrics
journal
abstracts submitted for
our Autumn Meeting...
.the highest number in
30%
18 years
126
overall membership increase
over the last S years
free places
awarded ¢0
enable
member5
to attend
BGS event5
CPD hours awarded through
our elearning courses
I￿re￿e In
FY affld preceptorship nurse and AWP
19

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
FINANCIAL REVIEW
Results for the year
Total income for 2024125 was £1,844,874 (2023124.. £1,789,463) and expenditure was
£2,337,435 (2023124= £2,064, 136). The Society achieved an overall deficit before net losses
on investments of £492,561 (2023/24- £274,673 deficit).
Book losses on investments were £89,145 {2023/24- £331,318 gains).
Analysis of income
2025
2024
Donations
Membership
subscriptions
Professional
development & events
Age & Ageing journal
Education and research
other
Investments
2,664
658,810
353
36
580,308
35
652,669
36
599,813
420,680
58,316
12,913
117 080
31
390,706
17,456
3,995
118 574
21
24
Total
1 844 874
1 789 463
The principal funding sources for the Society remain membership subscription5, professional
development and events and the Surplus arising from the Age and Ageing Journal.
The Society is pleased to have been able to increase its income from membership subscriptions
by a combination of increased membership numbers and a small increase in the subscription
rates from l January 2025. Income from professional development and events continue to be
held in the hybrid online and in person format adopted in 2023.
Operational expenditure increased as events and other business activity increases and the full
complement of staffing is now in place.
The Society achieved an overall deficit before net gains on investments of £492,561 (2023124:
£274,673 deficit). An analysis of the Society's defficit is due to the following reasons.
i). Staff costs are now 480/0 of total costs. During the year the Society made £48,476 of
exceptional staff costs, see note 6 to the accounts.
ii). Designated and Restricted expenditure is applied against historic funds built up over
previous years, it is the intention to reduce the level held in these funds and therefore
expenditure will exceed income until this is met. To this end the Society continues to support
the DunhilllDhole Scholarships and £170,076 (2023124 £95,421) was committed in support of
these scholarships.
20

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The analysis of the surpluses and deficits on the various funds which make up the Society's
total deficit are as follows:
31 March 2025
31 March 2024
Desi
nated
deficit
Unrestricted Ideficit)/surplus
Restrirted
deficit
1296,978)
164 737
1138,459)
115 013
Total
Deficlt
492 561
274 673
Future financial plans
In 2018119 the trustees agreed to use the MK Dhole Income Fund for a series of three Doctoral
Fellowship Scholarships jointly with Dunhill Medical Trust. In 2021122 a second series of three
Scholarships was agreed and during the year trustees increased this to four making seven
scholarships in total. The Scholarship awards recognised are awarded and intended to be
claimed over a three-year period. Scholarship payments are recognised in the year in which
they are paid.
The total amount recognised for these Scholarships to 3 1 March 2025 is £356,908. The total
BGS share for grants awarded to date is £725,037, leaving £368,129 to be recognised in
future years.
The upgrade of the operating system of BGS website started in March 2024 and was completed
in February 2025. Work to 3 1 March 2024 was reflected as Assets in Progress in the balance
sheet where £30,320 had been capitalised (Note 10), this was transferred to Intangible Assets,
2025 Website costs, along with the further £137,404 of additions (Note I l). The work will now
be amortised in line with the Society's amortisation policy over three years.
The Society continues to develop its business model to allow delivery of events via the hybrid
format and to extend its E-Learning offer. Allowing for this the Society expects to have an
operational deficit, before investment gain5, of around £469,710 at 3 1 March 2026. The
trustees have agreed that the Society is able to cover this potential add itional cost out of
reserves without impacting on delivery of the Strategic Plan.
Fundraising
The Society does not currently undertake PLJblic fundraising activities but occasionally receives
donations.
Investment Policy
The Memorandum and Articles of Association give the trustees the power to invest any surplus
funds not immediately required by the Society in such investments, securities, or property as
they think fit. The Trustees, policy has been to balance the requirement for capital growth of
the endowment investments with maximising income for the Society. Investments are
reviewed annually.
The Society does not invest directly in any one individual company. All its investments are held
in specialist multi-asset charity funds at CCLA and M&G investments. Both funds have ethical
investment policies which seek to meet the needs of charities investing in them.
The Society held listed investments of £3,431,501 at 31 March 2025 (2024.. £3,820,647). The
total unrealised losses were £89, 145 (2024.. £331,3 18 gains).
21

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
Reserves Policy
The reserves policy of the Society is to hold unrestricted reserves (excluding designated
funds), to a level representing at least one year's unrestricted expenditure budgeted for the
following year to ensure that it has an adequate buffer to protect against future uncertainties.
Unrestricted reserves above this level, including the revaluation reserve, are available to
further the Society's strategic objectives.
The Trustees review the reserves of the Society as part of the budget-setting process to
ensure they still meet the needs of the organisation and are sufficient to manage risks. The
review involves an assessment of the income and expenditure streams, the Society's strategic
objectives and the uncertainties it faces and the level of reserves.
The Trustees have designated funds to identify those unrestricted funds which are earmarked
for specific purposes and hence not freely available. The value of designated funds at 31 March
2025 was £1,191,680, (2024.. £1,117,731). Included in designated funds is £944,565, (2024..
£839,770} which is equal to the value of the Society's fixed assets.
The Society finished 2025 with unrestricted reserves of £3,825,9 18 (2024.. £4,2 16,791) as
analysed below.
31 March 2025
31 March 2024
Increase/
decrease
Desi
nated ex
enditure
1 191 680
1 117 731
194 998
Required to cover budgeted
unrestricted expenditure for
the followin
ear
1,534,656
1,866,918
(332,2621
(18)
Available to further the
Societ
's ob'ectives
1 099 582
1 232 142
260 731
(io)
Total unrestricted funds
3 825 918
4 216 791
266 529
Arrangements for reviewing staff salaries
The Society operates a spine point system which provides for automatic salary progression for
each staff member until the top of the relevant scale is reached. Pay for all staff is reviewed
every five years using an independent HR agency to benchmark BGS staff salaries with the
external market and ensure the Society'5 pay levels are appropriate and competitive. A review
was carried out in December 2021. Its recommendations were approved by Trustees and were
implemented for all staff from l April 2022. The next review is due in 2026/27.
To protect the value of salaries from erosion due to inflation, a discretionary universal cost of
living percentage increase may be awarded from the beginning of each new financial year on I
April and the spine points adjusted accordingly.
Volunteers
22

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
The Society is reliant on the unpaid efforts of many of its members to achieve its objectives.
These volunteers serve in many capacities (for example, as trustees, as officers of our regional
committees, nation committees and Special Interest Groups,. on internal committees and
external working parties,. as expert spokespeople, and as advisers on policy matters). They
provide countless hours of work in furthering the charitable objectives of the Society without
remuneration, and we are grateful and indebted to them for their tireless work. It is
problematic to attribute an economic value for this important contribution to the Society's
mission and it IS therefore not included in the statement of financial activities.
Risk management
The Trustees are aware of their responsibility to ensure that the major risks to which the
charity is exposed are identified and to establish systems to manage those risks. The Trustees
have a policy on risk management and have procedures in place to mitigate risks. The task of
identifying and monitoring the mitigation of the risks faced by the Society is delegated to the
Finance and General Purposes Committee (Finance Committee). The Finance Committee
reviews the risk register every other meeting. The Trustees consider the recommendations
from Finance Committee meetings, and review the full risk register once a year.
The risk register identifies and assesses both internal and external business risks and has been
continually refined since then. Forty risks have been identified, clustered under the following
headings:
Governance and management
Income
Services and impart
Resource management
Financial strategy and management
Reputational risk
Regulatory and legal obl igations
Under a rolling review process, the Finance Committee considered key sections of the risk
register at every other meeting during the year. Internal control risks are mitigated by
planning, systems of authorisation, budgeting, employment of suitably qualified staff, and
established processes to support and manage the performance of staff members. External
risks are identified by staff, officers and trustees, and assessed at staff, Finance Committee
and Trustee Board meetings as appropriate, and major risks are also addressed in the
Society's periodic Strategic Reviews. The Trustees are satisfied that the major risks identified
have been adequately mitigated where necessary and that the Society has Systems and
procedures in place that are appropriate to the Society's size and nature of operations.
The most significant risks during 2024125 continued to relate to the pressure on the N HS
workforce, making it more challenging for our members to engage with the BGS, attend
educational meetings or take up roles within the Society. We sought to mitigate these risks by
continuing to evolve our events offer to enable flexible participation in the major meetings
online or on-demand, and by creating shorter education products such as microlearning which
deliver CPD. The staff tearn provides as much support as it can to minimise the administrative
load on committee and Board officers. Nevertheless it continues to be important to ensure we
are not overloading senior officers, and that we have succession planning and effective
workload distribution in place. This is particularly so with the policy and political changes that
bring competition for resources and a constant need to remind decision-makers that older
people use healthcare services the most.
The development of our new website was much delayed, which put a strain on the staff team,
even though fortunately we were able to continue using the old website throughout this long
23

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
period. We have learned lessons about third party project management, tight specifications
and penalty clauses. In the early part of the year, there continued to be reputational risks
through our association with the Royal College of Physicians (London), though the furore
surrounding physician associates gradually died down. Finally, the risks to the BGS business
model of transitioning our journal to being fully open access have been delayed for another
year, after carefu l analysis of the opportunities and challenges.
STRUCTURE GOVERNANCE AND MANAGEMEN
Governing Document
The Society is governed by its Memorandum and Articles of Association. The Memorandum and
Articles of Association were adopted on 7 November 1974, and the Articles were last amended
on 24 November 2017. During the course of 2023, we updated the Articles to provide greater
clarity on trustee roles and terms of office, on digital communications and various other minor
aspects that needed modernising, This process wa5 undertaken with the assistance of the BGS
lawyers, and the ￿ViSed Articles were approved by BGS members at the AGM in November
2023.The trustees are indemnified up to £25,000 of losses they cause the Society through
their actions as Trustees. This cover is provided in the Society's Charity Combined insurance
policy and it is not practical to identify a separate charge for this cover.
Governing Body
The Trustees are the governing body of the Society and the dirertors of the limited company.
They comprise the President, President-Elect, Honorary Secretary. Honorary Treasurer, Chairs
of the national Councils for England, Northern Ireland, Scotland and Wales, Chair of the
Trainees Council, Chair of the Nurses and Allied Health Professionals Council, and two lay
trustees who bring broader business planning expertise. The Trustees meet four times a year,
including a full day facilitated workshop to explore long-term planning issues. The Trustees are
familiar with the Charity Governance Code, and observe the principles of good governance set
out in that document and in the BGS Board terms of reference.
The Society's committees include Finance and General Purposes Committee. Policy and
Communications Committee,. Education and Training Committee and its sub-committee for
Meetings and Events,. Workforce Committee; Clinical Quality Committee. Research and
Academic Development Committee, and the Age and Ageing Editorial Board and its Executive
Committee. There are also committees for the Trainees Council, Nurses and AHPS Council,
four nation councils, Healthcare in the Community Group, SIGS and England regions.
The current trustees are shown on page 2 above. The directors of the wholly owned subsidiary
company, BGS {Trading) Limited, who served during the year were Dr Elizabeth Lawn, Dr
Divya Tiwari, and Dr Ruth Law.
Trustee recruitment and appolntment
The President, Honorary Secretary and Honorary Treasurer are Society members who succeed
automatically to their roles having previously been nominated and elected by the membership
as President-Elect, Deputy Honorary Secretary and Deputy Honorary Treasurer respectively.
They each Serve a 2-year term with the exception of the Honorary Treasurer who serves for 3
years in order to ensure continuity. Chairs of National Councils are ex officio members of the
Trustee Board appointed by the relevant nation. The Chairs of the Trainees Council and the
Nurses and Allied Health Professionals Council are also ex officio and appointed by their
Councils. The two lay trustees are recruited externally through an open process and serve for
up to two 2-year terms. During 2024/25 we held an election for a new President Elect, which
was won by Dr Amit Arora.
24

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
Our Trustee Induction and Training policy guides the orientation process for new trustees. New
trustees receive a comprehensive induction pack and meet with key officers and staff to
acquaint them with the Society's policies and practice, its aims and activities, management
and governance, and also what is experted of them under charity law and company law. All
trustees give their time voluntarily and receive no benefits from the Society. Any expenses
reclaimed from the Society are disclosed in note 6.
A register of directors, interests is maintained and updated annually, and declarations of any
potential conflicts of interest are required at the commencement of each Trustee Board
meeting. Any trustee/director with a potential conflict of interest with a particular topic within a
meeting declares it and takes no further part in the discussion or vote on that topic.
Group Structure
The Society has a wholly owned, non-charitable trading subsidiary, BGS (Trading) Limited, a
company incorporated in England and Wales (No. 20 13 195), BGS (Trading) Limited accounts
for the income and expenditure from scientific conferences and exhibitions. The subsidiary
covenants its taxable profit at each year-end to the Society. Further details of BGS (Trading)
Limited's financial results for the year ended 31 March 2025 can be found in note 13.
REFERENCE AND ADMINISTRATIVE DETAILS
The name of the charity is the British Geriatrics Society, and it is frequently abbreviated as the
BGS. The Society is a registered charity (No 268762) and is constituted as a company (No.
1189776) limited by guarantee. The trustees/dirertors, professional advisers and principal and
registered office are set out on pages 2 - 3 above.
RESPONSIBILITIES OF THE TRUSTEES
The Trustees are required by law to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the Society and of its results for that period.
In preparing those financial statements, the Trustees have undertaken, and will continue to
undertake the following..
selected suitable accounting policies and then applied them consistently.
made judgements and estimates that are reasonable and prudent.
prepared the financial statements on a going concern basis unless it is inappropriate to
assume that the Society will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial posltion of the Society and to enable them to
ensure that the financial statements comply with the Companies Act 2006 and Charities Act
2011. The Trustees are satisfied that they have met, and they will conti nue to meet their
responsibilities for safeguarding the assets of the Society and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities. They can provide
assurance that:
the Society is operating efficiently and effettively.
it5 assets are safeguarded against unauthorised use or disposition.
25

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
The British Geriatrics Society
Trustees. Report
For the year ended 31 March 2025
proper records are maintained, and financial information used within the Society or for
publication is reliable.
the Society complies with its Memorandum and Articles of Association.
the Society has actively pursued all of its objectives and policies throug hout the year.
STATEMENT OF DISCLOSURE OF INFORMATION TO AUDITORS
The Trustees, who are the directors of the Society, who held office at the date of approval of
this Annual Report, confirm that..
so far as they are aware, there is no relevant audit information, information needed
by the Society's auditors in connection with preparing their report, of which the
Society's auditors are unaware. and
they have taken all the steps that they ought to have taken as directors in order to
make themselves aware of any relevant audit information and to establish that the
Society's auditors are aware of that information.
DIT
The auditor, MHA, previously traded through the legal entity Macintyre Hudson LLP. In response
to regulatory changes, Maclntyre Hudson LLP ceased to hold an audit registration with the
engagement transitioning to M HA Audit Services LLP.
The auditor MHA will be proposed for re-appointment in accordance with Sertion 485 of the
Companies Act 2006.
This report has been prepared in accordance with the special provisions relating to companies
subject to the small companies regime within Part 15 of the Companies Act 2006.
It was approved by the Board of Directors and Trustees on 23 October 2025 and signed on its
behalf..
Professor Jugdeep Dhesi
President of the Societyi Chair of the Directors and the Trustee Board
26

Docusign Envelope ID". BA43FE63-B8DE-4651-9052-36F83A7AEBCE
Independent auditor's report
to the members of
The British Geriatrics Society
Opinion
We have audited the financial statements of The British Geriatrics Society (the 'parent
charitable company'l and its subsidiaries (the 'group') for the year ended 31 March 2025 which
comprise the consolidated statement of financial activities, the group and parent charitable
company balance sheets, the consolidated statement of cash flows and the notes to the
financial statements, including a Summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally
Accepted Accounting Pratticel.
In our opinion, the financial statements..
Give a true and fair view of the state of the group's and of the parent charitable company's
affairs as at 31 March 2025 and of the group's incoming resources and application of
resou rces, including its income and expenditure, for the year then ended
Have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice
Have been prepared in accordance with the requirements of the Companies Art 2006 and
the Charities Act 2011
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS
(UK)) and applicable law. Our responsibilities under those standards are further described in
the Auditor'5 responsibilities for the audit of the group financial statements section of our
report. We are independent of the group and parent charitable company in accordance with the
ethical requirements that are relevant to our audit of the financial statement5 in the UK,
including the FRC'S Ethical Standard, and we have fulfilled our other eth ical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going
concern basis of accounting in the preparation of the financial statements Is appropriate.
Based on the work we have performed, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast significant doubt on
The British Geriatrics Society 's ability to continue as a going concern for a period of at least
twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
other information
The trustees are responsible for the other information. The other information comprises the
information included in the trustees, annual report, other than the group financial statements
and our auditor's report thereon. Our opinion on the group financial statements does not cover
27

Docusign Envelope ID". BM3FE63-B8DE-4651-9052-36F83A7AEBCE
Independent auditor's report
to the members of
The British Geriatrics Society
the other information and, except to the extent otherwise explicitly stated in our report, we do
not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the group financial statements or our knowledge
obtained in the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine
whether there is a material misstatement in the group financial statements or a material
misstatement of the other information. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that
fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
The information given in the trustees, annual report, for the financial year for which the
financial statements are prepared is consistent with the financial statements
The trustees, annual report, has been prepared in accordance with applicable legal
requirements
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent charitable
company and their environment obtained in the course of the audit, we have not identified
material misstatements in the trustees, annual report,
We have nothing to report in respect of the following matters in relation to which the
Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:
Adequate accounting record5 have not been kept by the parent charitable company, or
returns adequate for our audit have not been received from branches not Vlslted by us. or
The parent charitable company financial statements are not in agreement with the
accounting records and returns; or
Certain disclosures of trustees, remuneration specified by law are not made; or
We have not received all the information and explanations we require for our audit. or
The trustees were not entitled to prepare the financial statements in accordance with the
small companies regime and take advantage of the small companies, exemptions in
preparing the trustees, annual report and from the requirement to prepare a strategic
report.
28

Docusign Envelope ID". BM3FE63-B8DE-4651-9052-36F83A7AEBCE
Independent auditor's report
to the members of
The British Geriatrics Society
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities set out in the trustees,
annual report, the trustees (who are also the dirertors of the parent charitable company for
the purposes of company law) are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair view, and for such internal control as the
trustees determine is necessary to enable the preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group's
and the parent charitable company's ability to continue as a going concern, disclosing, as
applicable, matters related to going concern and using the going concern basis of accounting
unless the trtjstees either intend to liquidate the group or the parent charitable company or to
cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue an
Auditor's 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 ISAS (UK) will always detect
a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedure5 in line with our responsibilities, outlined above, to detect material
misstatements in respect of irregularities, including fraud. The extent to which our procedures
are capable of detecting irregularities, including fraud is detailed below:
Enquiry of management around actual and potential litigation and claims,.
Performing audit work over the risk of management override of controls, including
testing of journal entries and other adjustments for appropriateness, evaluating the
business rationale of significant transactions outside the normal course of business and
reviewing accounting estimates for bias;
Reviewing minute5 of meetings of those charged with governance;
Reviewing financial statement disclosures and testing to supporting documentation to
assess compliance with laws and regulations.
Because of the inherent limitations of an audit, there is a risk that we will not detect all
irregularities, including those leading to a material misstatement in the financial statements or
non-compliance with regulation. This risk increases the more that compliance with a law or
regulation is removed from the events and transartions reflected in the financial statements,
as we will be less likely to become aware of instances of non-compliance. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's
website at.. xwww.frc.or
.uk
auditorsres
onsibil ities. This description forms part of our
auditor's report.
29

Docusign Envelope ID". BM3FE63-B8DE-4651-9052-36F83A7AEBCE
Independent auditor's report
to the members of
The British Geriatrics Society
Use of our report
This report is made solely to the charitable company's members as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006 and sertion 144 of the Charities Act 2011 and
regulations made under section 154 of that Act. Our audit work has been undertaken so that
we might state to the charitable company's members those matters we are required to state to
them in an auditor's report and for no other purpose. To the fullest extent permitted by law,
we do not accept or assume responsibility to anyone other than the charitable company and
the charitable company's members as a body, for our audit work, for this report, or for the
opinions we have formed.
Carina Ralfs Msci (Hons) PhD FCA (Senior statutory auditor)
for and on behalf of
MHA
Maidenhead, United Kingdom
Date'.November 5, 2025
MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England
and Wales (registered number OC455542)
30

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
CDn5011dated 5Mernent of fftnancl￿ auMiie5 (incorporating an Income and expenditure account)
For the Ye￿ ended 31 klarch 2025
2025
2024
Endowment
Endowment
Note
Income frDrn'.
2.664
2,664
353
353
658.810
628.996
390.706
17,456
3,995
658.810
652.669
390,706
17,456
3,995
1 18,574
580.308
580.308
23.673
420.680
420,680
Education & ReSea￿h
Other
1.804.420
40.454
1.844.874
1.773.007
,789.463
Expendirure on..
lembership SÈrvices
PrDfe5510nal Developtnent & Events
3a
185,309
950,085
185,558
475,739
540,744
207.3S3
849.410
207.3S3
BB7,004
216.275
430.975
322.529
37.594
3a
Education & ReSea￿h
Policy Influencing & Comrnunications
303,a62
540.744
172.377
337,100
322.529
93.S75
Total expEndlture
2,132,244
2.337,435
2,064.136
Net Income I leXpend￿Ure} before net
g￿￿5 1 Ilossesl on Investments
1492,5611
189.1451
256.689
44.022
30.607
Net Income l {expendtture} forthe year
97.029
30.607
56.645
Transfers between fund5
9.602
Net Income I lexpendiiurel before other
recogn15ed galn5 and1055e5
87.427
30.607
56.645
Net movement In funds
87.427
30.607
56.645
ReconcSllatlon of funds..
Totsi funds brought foThvard
Totsi runds tarrlld foTh¥ard
644.8S2
342.134
5,203.777
4,622,071
4.129.364
706.241
644.852
342,1 a4
5,203.777
31

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
Balance sheets
Company no. 1189776
As at 31 March 2025
The group
2025
Society
2025
2024
2024
Note
Flxed assets:
Tangible asset5
Intangible assets
Investments
786,161
158,406
3,431,501
839,770
772.500
158,406
3,431,601
839,770
3,820.647
3.820, 747
4.376.068
4,660,417
4.362.507
4.660.517
Current assets:
Debtors
Short term dep051t5
Cash at bank and in hand
312.482
98.512
623,568
31 5,382
505,908
354,939
440.506
98.512
467.739
252,075
505,908
289,667
,034,562
1,176.229
1,006,757
1,047,650
Creditors.. amounts falling due within one year
(788.5 59)
1632,8691
1624.7631
1504,4941
Net current assets 1 Iliabilities)
246.003
543,360
381.994
543,156
Total net a55et5 1 (liabilities)
4.622.071
5,203,777
4.744.501
5.203,673
Funds=
Permanent Endowmeni
Resrricted funds
Unrestricted income funds..
Designated funds
Revaluation reserve
General funds
18a
18a
334,165
461.988
342,134
644,852
334,165
461.988
342,134
644,852
18a
18a
18a
1,191,680
205.337
2,428,901
1 117,731
205,337
2,893.723
1,191.680
205.337
2,551,331
1,117,731
205,337
2.893,619
Total unrestricted funds
3.825.918
4,216.791
3,948.348
4.216.687
Total Charity Fund5
4,622,071
5,203.777
4,744,501
5.203,673
The financial statements which have been prepared in accordance with the special provisions relating to companies
subject to the small companies regime within Part 15 of the Companies Act 2006 were approved and authorised for
issue by the Board on 2 3 October 2025 and signed on their behalf by
Professor Jugdeep Dhesi
President of the Society, Chair of the Directors and the Trustee Board
The notes on pages 34 onwards form part of these financial statements
The gross income and result for the year for the Society 15 given in note 14 to the accounts.

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
Consolldated statement of cash flows
Note
2025
2024
Cash flows from operating activities
Net lexpenditurell income for the reporting period
las per rhe starement of financial activities)
Depreciation charges
Ammort15ation
(Gainslllosses on Investments
Loss on disposal of fixed assets
Dividends, interest and rent from inve51ment5
Ilncrea5ellDecrea5e in short terrn deposit5
IlncreasellDecrease in debtors
IncreasellDecreasel in creditors
1581,7061
56,645
48,242
9,318
89,145
3,906
1118.5741
407.396
2,900
155,690
39,099
1117,0801
190,9081
16,312
1119,9241
Net cash provided by I (used in) operatSng actlvliles
16.317
1547,1741
Cash flows frorn investing activities=
Dividends, inierest and rents from investrnents
Proceeds from the sale of Investments
Purchase of inve5tment5
Proceeds frorn the sale of fixed asse15
Purchase of fixed assets
Purchase tsf intangible assets
118,574
300,000
117,080
200,000
1,462
1167,7241
186,2271
Net cash (used inl Iprovided by investing activities
252.312
230,853
Change In cash and cash equlvalènts In the yéar
268.629
1316,3211
Cash and cash equivalenrs at the beginning of the year
Change in cash and cash equivalent5 due to exchange rate
movements
354.939
671,260
Cash and cash equivalent5 at the end of the year
623.568
354,939
Analysls of cash and tash equlvalents and of net debt
At l April
2024
Other non-
Cash flow5 cash changes
At 31 March
2025
Cash ar bank and in hand
354.939
268,629
623,568
a Total cash and cash equivalents
354.939
268,629
623,568
33

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Gerlatrlcs Soclety
Notes to the flnanclal statements
l Accountlng pollcles
al Statutory Informatlon
The Britlsh Geriatric5 Society is a charitable cornpany limired by guarantee and is incorporated in England. In the event of the charity
being wound up, the Ilablllty in respett Df the guarantee is limited to £ I per member of the charlty. The address of the reglstered offSce
is given in the charity information on page 3 of these financial siarements. The nature of rhe charity's operations and principal
aciivities are detailed in the Tru5tee5 Report on page 5.
The registered office addre55 and principal place of business is Marjory Warren House 31 StJohn'5 Square. London. ECI M 4DN.
bl Ba515 of preparation
The financial staiemenrs have been prepared in accordance with Accounting and Reporiing by Chariiies.. Staiemeni of Recommended
Practice applicable io chariiies preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021- (Charitie5 SORP FRS 1021, the Finaniial Reporting Standard applicable in the UK and Republii of Ireland
IFRS 1021 and the Companies Acr 2006.
Assets and liabilities are Initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy or note. The presentarion currency is GBP rounded to the nearest pound.
These financial statemen15 COn501idate the results of the charitable company and 115 wholly-owned subsidiary BGS (Tradingl Limiied on
line by line basis. Transactions and balances between the charitablÈ tompany and its subsidiary have been eliminated from the
consolidaied financial siatements. Balances beiween Ihe two companies are disclosed in Ihe noies of the chariiable company's balance
sheet. A separate staiemeni of financial acrivirie5, or income and expendirure accounr, for Ihe chariiable company itself is not
presented because the charitable company has taken advantage of the exemptions afforded by section 408 of the Companie5 Act 2006.
cl Public benefit entity
The charirable company meet5 the definition of a public benefit entity under FRS 102.
dl Colng concern
The trustees tonsidÈr that thÈrÈ arÈ no matÈrial untertainties about thÈ charitablÈ tompany's ability to continuÈ as a goin9 tontÈrn.
The Trustees are aware that the group continues to make losses In line wlth the strategy to expand the group's aciivities. They are
monitoring the spending down of reserves and have straiegic plans to generate further income to come to a break even position.
el Estimation uncertainty
The Irustees do not consSder that Ihere are any source5 of estlmatSon uncertainty at the reporting date that have a slgnificant rSsk of
causing a maierial adjustment to the carrying amounts of asseis and liabilitie5 Wlthin the next reporting period.
f) Income
Income is recogni5ed kvhen the charity ha5 entitlement to the funds, any performance condition5 attached to the income have been met,
it Is probable that the income wlll be recelvÈd and that the amount can be measured rellably.
Income received in advance of the provision of a specified service is deferred until rhe criteria for income recognition are met.
Legacies, entitlernent 15 taken a5 the earlier of the date on which either-. the charity 15 aware that probate ha5 been granted, the estate
has been finalised and notification has been made by the execuiorlsl 10 the charity that a distribution will be made, or when a
distribution is received from Ihe estate. Receipt of a legacy, in whole or in parr. is only considered probable when the amount can be
measured reliably and the charity has been notified of the execuror'5 intention ro make a distribution. Where legacie5 have been
notified to the charity, or the tharity Is aware of the grantlng Df probate, and the criteria for income recognition have not been met,
then the legacy is a treated as a conringent asset and dlsclosed if material.
gl Interest recelvable
Inieresr on fund5 held on deposit 15 included when receivable and ihe amount can be measured reliably by rhe charity.. Ihis is normally
upon notification of the interest paid or payable by the bank.
h) Fund accounting
Resiricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria Is charged to
Ihe fund.
UnrestrictÈd funds are donation5 and other intorning resourtes rÈteived or genÈratÈd for the tharitable purposÈs.
Designared funds are unrestricred funds earmarked by the Irustees for particular purposes.
11 Expendlture and Irrecoverable VAT
Expenditure is retognised once thÈre is a le9al or constructive obligation to make a payment to a third party, it is probable that
settlement will be required and Ihe amount of the obligation can be measured reliably. Expenditure 15 classified under the following
activitv headina5'.

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Gerlatrlcs Soclety
Notes to the flnanclal statements
l Mar
l Accounting policies Icontinuedl
Expenditure on charitable activities includes the costs of delivÈring services, exhlbitions and other Èducatlonal activltles undertaken to
furrher the purposes of the charity and their associated supporr costs.
Other expenditure represent5 those irems not falling into any other heading.
Irrecoverable VAT is tharged as a cost against the activity for whith the Èxpenditure was incurred.
Jl Grants payable
Grant5 payable are made ro rhird parties in furrherance of the charity's objecrs. Single or mulri-year 9rants are accounted for when
either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without
condition, or Ihe rÈcipient has a reasonable expectation thai they will receive a grant and that any condition attaching to the grant is
outside of ihe control of ihe charity.
Provisions for grant5 are made when the intention to make a grant has been communicated to the recipient but there is uncertainty
about either the timing of the grant or the amount of grant payable.
k) Allocation of support cost$
Support cost5 are costs related to those functions that assist rhe work of the charity but do not directly undertake charitable activities.
Supporr costs include back office costs, finance, personnel. payroll and governance (0515 which support the SocieD/'s programmes and
ctivities. These tosts have been allotated between cost of raising funds and expÈnditure on tharitable attivities. The basis on which
Support cosis have been allocated are ser out in noies 3a and 3b.
11 Operating leases
Rental charges are charged on a straight line basis over the term of the lease.
ml Tanglble flxed assets and Intanglble assets
Item5 af equipment are capitali5ed io fixed a55et5 where the purchase price exceeds £500. Depreciation costs are allocaied to artivitie5
on the basis of the use of the rÈlated assets in those artivities. Assets are reviewed for impairmÈnt if circumstances indicate their
carrying value may exceed rheir net realisable value and value in use.
Where flxed assets havè been revalued, any excess between the revalued amount and the hlsiorlc cost of the asset will be shown as a
revaluation reserve in the balance sheet.
Where rhe a55etS Used are intangible and are used to generare income and 5upporr the groulp'5 activitie5 rhen expenditure over £5,000
are ammortised over their estlmated useful Ilfe.
Assets in Development is expenditure on assets that are being built and yet to be broughi into use. No depreciation Is charged against
Ihese assets until ihey are in use. The amouni of £30,320 in A55ets in Developmeni ar the begining of the year relates to ihe cosrs of
building the new website, this wa5 brought into use in February 2025 and this amount was transferred to intangible a55et C05t5.
Depreciation 15 provided at rates calculated to write down the c05t of each a55et to its estitnated residual value over it5 expected useful
life. The depreciation rates in use are as follows..
Fixiures and Fiiiings
l O years
Office Equipment
5 years
Computer Equipment
3 yÈars
Depreclation is not tharged on the freehold property slnte it has an indefinltely long useful Ilfe and is malntalned to a high standard.
Ammort15ation is provided at ratÈ5 calculatÈd to writÈ down thÈ lost of Èach assÈt to it5 ÈStirnatÈd rÈ5idual valuÈ over its Èxpected
useful life. The ammort15ation rate in use are as follow5..
Websit
3 years
n) L15ted Investmems
Invesiments are a form of basic financial instrument and are initially reco9nised at their transaction value and subsequently measured
ai Lheir fair value as at the balance sheet dare using the closing quored market price. Invesrmeni gains and losses, whether realised or
unrealised, are combined and shown in the heading 'Ner gains111055e51 on invesrmen15" in ihe statemeni of financial activiiies. The
charity does not acquire put options, derivatives or other complex financial in5trutnents.
ol Investments In subsldlarles
Investment5 in subsidiaries arÈ at tost.
pl Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at rhe
amount prepaid net of any trade discounts due.
ql Short term deposlts
Short term deposit5 include5 cash balances that are invested in account5 With a maturity date of between 3 and 12 tnonths.
rl Cash at bank and in hand
Cash ai bank ancl cash in hand Include5 cash and short term highly liquid investment5 wirh a short maturity of three months or les5
from rhe date of acquisltion or opening of the deposit or 51milar account.
35

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Gerlatrlcs Soclety
Notes to the flnanclal statements
l Accounting policies Icontinuedl
sl Credltors and provlslons
Credirors and provisions are recogni5ed where the charity ha5 a present obligarion resulting from a past event that will probably result
in the transfer of fund5 to a third party and the amount due to Settle the obligation Gan be measured or estimated reliably. Creditar5
and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
t) Financial instrument5
The tharity only has finantial assets and financial liabilities of a kind that qualify as basic finantial instruments. Basit finantial
instrumenis are initially recognised ai transaction value and subsequently measured at Iheir seiilemeni value wSth the exception of
bank loans which are subsequently measured at amortised cosi using the effecrive inieresi method.
ul Pensions
The Soclety operates a scheme to contrlbute a defined amount to Individual employees, pension schemes and the pension charge
represents Ihe amount payable by the Socieiy to the various schemes In respect of rhe year. Pension costs are allocated ro the Group's
aciivities on the basis of sraff rime spend on those activiiies. Sraff cosrs are only allocated to unresrri£ted funé5 as the conditions of Ihe
restricted funds held do not permit ovrheads to be charged to those funds.
vl Severance pay
Severance pay Is based on the employee's conrracrual righis at Ihe point of terminaiion of employment. In addition, any unpaid leave
and a reasonable amounr for loss of office is offered, thi5 15 setttled on a case by case bas15.
2 Incorne from investment5
202S
2024
Toial
Unresiricied
Restricted
Total Unresrricted
Restricted
Income from Ilsted Investments
Interesi receivable on cash deposits
74.241
27.552
16,781
91,022
27,552
72,803
27,821
16,456
89,259
27,821
101,793
16,781
118,574
100,624
16,456
117,080
36

OLO
r*)ON
£w
i I
CL i
UUL
O_Q<J

OOtommLtrl*fn￿ I
c•￿
I rt) N CO co
¢mmo
I l M M Ln t I I I I I
LN LN
OEQ
o I
uo

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Cerlatrlcs Soclety
Notes to the financial statements
For the year ended 31 March 2025
Anatysls of grants and prlzes
Grant5 to
rant5 to
Grant5 to
Grant5 to
2025
2024
C05t
Doctoral Fellowship Scholarship
170.077
170.077
95,422
95.422
13,4371
10,539
6,929
13.437}
10,539
4,229
BGS Conference Grants
Awards and pri2es
27,036
3,200
27,036
5.650
2,450
2,700
30.236
172.527
202.763
98.122
109,453
The Society has taken advantage of the exemption under Section 16.1 l of the Chari¢ies SORP 10 Withhold de¢alls of Indlvldual grani reciplents. No
suppori c05r5 are allo£aied to grant making aciiviiies as these are not pertnitied per the terTn5 Of the fuDds.
Net Income I lexpendlturel for the year
2025
2024
48.242
39,099
Auditor's reTnuneration (excluding VATI.
Audit
Corporaiion tax costs
14,850
500
15,540
1,320
Analysls of staff costs. trustees. and key management personnel remuneratlon and expenses
Staff costs were as follows".
2025
2024
Salarie5 and wage5
Social Security (0515
Emplgyer's contrlbJtion 10 defined contrlbution pensiom schemes
Redundancy cosis
871.815
95.117
98,419
48.476
82,502
89,057
1,113.827
988,900
Redundancy COSt5 relate to the contractual costs and compensation for1055 of office awarded to employee5 UPOII termination of their employrnent.
One employee earned between £1 l 0,000 and £120.000 12024. monel, no employees earned between £90,000 and £IOQ,000 12024 one), no
etnployee5 earned between £80,000 and £90,000 12024." one). one employee earned between £70.000 and £80,000 12024. Dome), and Six
employees earned between £60,000 and 170,000 12024 two).
The total employee benefit5 IinclLJding pension contributions and employer'5 national Insurance) of the 3 key management personnel were
£317,545 12024. £237,715).
The charity trustees were neither paid nor received any other benefits frotn employtnent with the charity in the year 12024.- £nill. No charity irusiee
reieived payment for professional or other services Supplied to the charity 12024.. £nill.
Trustees, expenses represenis Ihe payment or reimbursemeni of travel and subsisience costs totalling £8,388 12024.. £5,642) incurred by 14
12024-. 61 member5 relating to attendance at meeting5 Of the tru5tee5.
39

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Britlsh Cerlatrlcs Soclety
Notes to the financial statements
For the year ended 31 March 2025
Staff numbers
The average number of employee5 (head count based on number of staff etllployedl during the year was 15.5 12024.. 14).
2025
No.
2024
Membership Services
ProfessiDnal Development & Events
2.50
4.00
1.00
1.00
3.00
4.00
Educaiion & Research
Policy Influencillg & Communication5
Operational Support
15.50
Related party iran5attions
There are no related party transacrions other than those which took place with the trading Subsidiary IBGS Trading Limitedl, these have been fully
di5c105ed in Note 13. The balance outstanding due from BCS Trading at the year end wa5 £318,121 12024.. £109,655).
There are no dDnatlons frDm related partles which are outside the nortnal course of buslness and nD restricted donations frotn r£lated parties.
Taxatlon
The charity is exempt from corporarion tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiary
BCS Trading Limited gift aids available profit5 to the parent charity. It5 charge to corporation tax In the year wa5.. nil.
10 Tan9lble flxed assets
Freehold
Computer
equlpmeni
The Groupl Charlty
development
Total
Cost
At l April 2024
Addition5 in year
Tran5fer5 in year
30,320
700,000
87,166
20,076
428,791
8,782
1,246,277
28,858
130,3201
At 31 st March 2025
700.000
107,242
318,283
Depreclatlon
At l April 2024
Charge for the year
40,854
12,831
365,655
406,509
48,242
At 31 st March 2025
53,685
285,679
339,364
Net book value
At 315t March 2025
700.000
53,557
32.604
786,161
At l Aprll 2024
30,320
700,000
46,312
63,136
839,768
All of the above assets are used for charitable purpose5.
40

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Cerlatrlcs Soclety
Notes to the financial statements
For the year ended 31 March 2025
I I Intanglble assets
The Grouplcharlty
Total
2025
Wtbslte
Cost
Addiiions in year
Tran5fer5 ID year
137,404
30,320
137,404
30.320
At 315t March 2025
167,724
167,724
Ammortlsatlon
At l April 2024
Charge for the year
9,318
9,318
At 31 st March 2025
9.318
Net book value
At 31 March 2025
158.406
158.406
At 31 March 2024
The transfer of £30.320 froTn Assets ID DevelopTnent in Fixed Assets relate lo the building of the new website. The website was brought into use in
FebrLJary 2025 and this arnount wa5 trasnferred to the c05t of Iniangible As5et5.
12 Llsted Investments
The group
2025
Soclety
2025
2024
2024
Fair value at the start of the year
Addltlons at cost
Disposal proceeds
Net gain 1110551 on chan9e in fair value
3,820.646
3.689.328
3,820.646
3.689,328
13QO.0001
189.1451
1200,0001
1300.0001
189.1451
1200,0001
3,431.501
3,820,646
3,431.501
3.820,646
Investment In Subsidiary
100
Falr value at the end of Ihe year
3,431.501
3.820.646
3.431.601
3.820,746
Historic c05t at the end of the year
3,091.335
3,391,335
3.091.335
3,391,335
Invesiments comprlse..
The group
2025
Soclety
2025
2024
2024
UK Cornmon investment fund5
3.431.501
3,820,646
3.431.501
3,820,646
100
3.431.501
3,820,646
3.431.601
3,820,746
41

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Britlsh Cerlatrlcs Soclety
Notes to the financial statements
For the year ended 31 March 2025
13 Subsldlary undertaklng
The charity owns the whole of the issued ordinary share capital of BGS (Trading) Limited. a coTnpany registered in England. The cotnpany nutnber is
02013195. The registered office address is Marjory Warren House, 31 Stlohn'5 Square, London EC1 M 4DN.
The trustees Dr Eli2abeth Lawn and Dr Di￿a Tiwari are also directors of the subsidiary.
A 5umrnary of the resLJlts of the SLJbsidiary 15 shown below".
2025
2024
Turnover
TurDover frorn 5ale5 to pareni underiaking
Cosi of sales
Cosi of sales related to purchases from parent undertaklng
Gross profitlllossl
669.319
593,371
1468,7351
1482,461)
200.584
Administrative expenses
Managemenr charge payable to parent undertaking
1995)
1102.886)
Profitlllos51 on ordlnary actlvltle5 before Interest and taxatlon
1122.5331
7,029
Proflt I Iloss) on ordlnary actlvltles before taxatlot)
(122,5331
7,029
Taxation on profit on ordinary activities
Proflt I Ilossl for the flnanclal year
1122,5331
7,029
Retalned earnlngs
Total retalned earnlngs brought forward
1122.5331
7,029
17,0291
Distribution under Cift Aid to parent charity
Total retalned earnlngs carrled fO￿ard
(122,5331
The aggregate of the a55et5, liabilitie5 and reserve5 was-.
A55et5
203
203
Reserves
203
203
Amounts owed t¢lfr¢m the pareni underiaklng are shown In note 15.
14 Parent charlty
The parent charity's gross Income and the results for ihe year are disclosed as follows-.
2025
2024
Gross income
Result for the year
1.483.903
1459,1721
,305,747
56,645
15 Debtors
The group
2025
Soclety
2025
2024
2024
Trade debtors
Other debtors
PrepayrneDts and accrued income
Amount due from subsidiary
24.042
7.726
280,714
61,475
7,383
246.524
1.055
7.489
115.554
316.408
1,055
7,383
134,250
109,387
312.482
315,382
440.506
252,075
All debtors are due within the year.
42

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Britlsh Cerlatrlcs Soclety
Notes to the financial statements
For the year ended 31 March 2025
16 Credltors.. amounts falllng due wlthln one year
The group
2025
Soclety
2025
2024
2024
Trade creditors
Taxation and social security
47.805
45.384
10,917
103.941
580.512
16,827
40,450
10.833
39,870
524,889
39.403
18.761
22,043
Accruals
Deferred incorne
114.858
451.741
50,703
420,376
788,559
632,869
624.763
504,494
Deferred income <otnpris£s subscription and event income relating to 202516 received in advance.
The group
2025
The charlty
2025
2024
2024
Balance at the beglmnlmg of the year
Amount released to income In the year
Amount deferred in the year
524,889
1524.8891
580.512
558.750
1558,750}
524.889
420,376
1420.3761
451.741
424,162
1424,162)
420,376
Balance at rhe end of the year
580.512
524,889
451.741
420,376
43

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
Notes to the financial statements
For the
ear ended 31 March 2025
18a Fund reconclllaiion Icurrent year)
Inve5ttnent At 31 March
gain5llos5
2024
Income
Expenditure
Tran5fer5
2025
lal Permanent Endowment
MK Dhole Bequest
342,134
17,9691
334,165
Re5trirted fund5'.
Ibl MK Dhole Income Fund..
431.865
14.864
(171.077)
260,395
{cl Bulpitt
Idl Rising Star fund (formerly Jim George
Memorial fund)
lel Research into Ageing
{ft Frailty in Acute Settings Restricted Fund
Frallty Module
75,488
1,917
12,8701
73.335
14,000
31,188
16,709
12501
13,750
31.188
16.709
Total research funds
569,250
16,781
1172,5271
118,1271
395,377
Igl Devo￿ed nation5
Scotland
NorthÈrn Ireland
Wales
46.390
7.962
43,162
15891
24.038
29,212
120,8851
Total devolved nations
75.602
23.673
132.6641
66.611
Total restrftted funds
644.852
40,454
118.1271
461.988
Unrestritted fund5'.
Designated funds..
839.770
76,088
104,795
944,565
76.088
lil Degignated SIG Granr fund
Ikl Total Designated grant funds
47.137
130.8461
16,291
111 Healthcare In Care Homes fund
Im) BGS DevelDpmenr fund
54,736
154.736
Total deslgnated funds
1,117.731
130,8461
104,795
1,191,680
Inl Revaluatlon reserve
205,337
205.337
General funds
2,893,620
1,804,420
12,101,398)
1104,7951
163.0491
2.428.798
Non-chariiable irading funds
lol Charitable Tradinq fund
Total unrestritted fund$
103
103
4.216.791
1.804.420
12.132.244)
163.0491
3.825.918
Total fund5
5,203,777
1,844,874
12,337,435)
189,1451
4.622.071

Docusign Envelope ID". BA43FE63-88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
Notes to the financial statements
For the
ear ended 31 March 2025
18a Fund reconciliaiion Icurreni year contlnuedl
lal The Dhole Pemianent Endowment Fund
The Permanent Éndowment Fund relates to the Dr MK Dhole bequest which was provided to enable any investment income arising on the
bequest to be applied for the provision of an award for the mosi deserving published work of medical research appertaining to rhe needs
of aged people. Amy r*rnainder incom* is to be used for the provision, endowment and financing of stholarships, féllowships and
lectureships of all kind5 connected with research in the field of geriatric medicine.
Purposes of restricted funds
Ibl The M K Dhole Income Fund is a restricted fund that receives the income from the Dhole Permanent Endowment FLJnd. It is usÈd to fund
the annual Dhole-Eddlestone Memorial Prize of £1,000 for a paper published in Age and Ageing during the previou5 calendar year. Fro
2020121 It has also been used to fund (he Joinr Dunhill Medical Trusi BGS Docroral Training Fellowship Scholarship. (Nore 211. The ioial
awarded by 31 March 2025 but not paid was £353,972 131 March 2024.. £690,113).
Icl The Bulpitt Fund 15 Used to fund up to two e55ay prizes of £400 each awarded every year by the Cardiovascular Section. Three prize5
were awarded in 2024125 1202312024.. Two).
Idl The Rising Star fund Iformerly The lim George Memorial fund) was eriginally established using a donation received in memory of lim
GÈorgÈ. The fund is used to fund two annual winners of the BCS Rising Star Awards. £250 was awarded in 2024125 12023124-. £7501.
lel Researih into Ageing Fund - funds research which Informs and influences the ageing research agenda ro make li clinically relevani and
meanSngful to the lives of older people.
(t) The Frailiy in Acute Setting5 Fund wa5 e5tabli5hed using money donaied by a member who wishes ro be consulted before significani
spendino Is made. It was used to support the Frailsafe project, now complete. There was no movement on this fund In 2024125
Igl The Special Interest Groups ISIG'S are restriited in so far as they are to be used by the relevant SIC for charitable PLJrpose5 in the
particular Special interest field. Funds from SIGS which are no longer aitive are rransferred into the designated grants fund.- None was
transfered in 2023124 12022123 £76.598). From l April 2023 it wa5 agreed wirh SIG chairs that SIG income and expenditure for events
will be processed through the general fund in the same way as the main conferences. Remaining SIG reserves wÈre transferred on 31
March 2023 to a new designared account 'SIC grant5" and will be protected for SIC grants for five years a5 agreed.
Ihl The devolved nation funds are restricted in 50 far as they are to be used by the relevant devolved nation for charitable purposes.
lil The English regions funds are restricted in so far as they are to be used by the 8GS Enolish regions for charitable purposes. From l April
2023 English region income and expenditure for events will be processed through the general fund in the sarne way a5 the main
conferences. Remaining English region reserves were rransferred on 31 March 2023 10 rhe designated grants fund and will be proiecied
for granis for five years as agreed.
Purposes of deslgnated funds
(Jl The Flxed Asset Fund, was deslgnatÈd to asslst In Identlfying those funds that are not free funds. It represents the net book value of
tangible a55ets and includes Marjory Warren House, the Society's registered offiie.
Ikl ThÈ designatÈd SICS grants fund was established on 31 March 2023 by dÈsignating surplus SIC reserves of £ 76,598. It funds grants,
prizes and awards related to a SIG . The overall aim of the Fund 15 to give grant5 to enable participation, learning and development,
whils1 prizes and awards recognise and reward contribuiion. expert15e or achievement., The rejuvinated SIG'S granis. prizes and awards
programme was relaunched In 2023124. Nil was spent in 2024125 1202312024 £5101.
111 The Total designated grant5 fund was established to fund grant5, prizes and awards . The overall aim of grant5 15 to enable
participation. learning and development. whilsr prizes and awards recognise and reward contribuiion. expertise or achievement. The
Society's grants, prizes and awards programme was relaunched in 2022123. In 2024125 £30,846 was spent from this fund 12023124
Im) Healthcare in Care Homes fund5. This wa5 a three year project beginning in April 2022 on the delivery of healthcare in care home5,
building on the Society's publicarion, Ambitions for Change. It was a cross-organisational project ranging from influencing policy
decisions 10 workforce and curriculum development to promoiing BGS membership to care home staff. The project compleied early In
2024 and the balamcÈ of funds has been transferred to general funds.
Inl The BGS development fund wa5 e5tabli5hed for future projects, such a5 further development of the BGS website, eLearning and other
"cloud" resource5 to support members. An addiiional £150,000 was designaied by Trusiees in Ociober 2022 io fund an upgrade and
further development of BG5 website.
lol The charitable trading fund is the general fund of the trading cornpany.
45

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brit15h Geriatrics Society
Notes to the flnanclal statemenrs
For the
ear ended 31 fvlarth 2025
18b Fund reconclllatlon Iprlor yearl
At 2 April
2023
Inve5ttnent Al 31 March
gains1105S
2024
Income
Expenditure
Tran5fer5
lal Perrnanent Endowment
MK Dhole Bequest
311,527
30,607
342,134
Restrlcted funds..
Ibl MK Dhole Income
475,741
68,356
14,576
1,880
196,4221
18001
37,970
6,052
431.865
75,488
lel Rising Star fund Iforrnerly Jirn
George Memorial fund)
If) Research into Ageing
lal Frailty in Acute Settings Restricted
14,750
27,241
16,709
17501
3.947
14,000
31,188
16,709
Total research funds
602,797
16,456
194.025}
44,022
569,250
Ihl Devolved nations
Scotland
Northern Ireland
Wale5
50,620
5,821
47,003
14,2301
115,4231
46,390
9.602
29.212
Total devolved nations
103,444
137.4441
9.602
75,602
Total resirlcted funds
706,241
16,456
1131,4691
9,602
44,022
644,852
Unrestrlcted funds-
Designated funds=
Ikl Fixed A55et fund
111 Designated SIG Grant fund
Im) Designaied Granr5 fund
Inl Healthcare in Care Homes fund
lol BGS Development fund
792,641
76,598
62,515
269,703
154,736
47,129
839,770
76,088
47,137
115,3781
1264,3901
154,736
Total deslgnated funds
,356,193
21,201}
{217.2611
1,117,731
(pl Revaluatlon reserve
205,337
205,337
Ceneral funds
2,567,731
1.773,007
11,911,466)
207,659
256,689
2,893,620
Non-charitable trading fund5
Iql Charitable Trading fund
Total unresirlcted funds
103
103
4.129,364
1,773,007
11,932,66n
19.6021
256,689
4,216,791
Total funds
5.147.132
1,789,463
12,064,1361
331.318
5.203,777
46

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brit15h Geriatri¢5 Society
Notes to the flnanclal statemenrs
For the
ear ended 31 Marth 2025
18b Fund reconciliation (current year continued)
lal The Dhole Permanent Endowmeni Fund
The Permanent Endowment Fund relare5 to the Dr MK Dhole bequest which was provided to enable any Investment income
arising on the bequest to be appliÈd For the provision of an award for thÈ most dÈsÈrving published work of medital resÈarch
appertaining to the needs of aged people. Any rernainder income is to be used for the provision, endowment and financing of
scholarship5, fellowships and lecrureships of all kinds connecied with research in rhe field of geriatric medicine.
Purposes of restricted funds
Ibl The M K Dhole Income Fund is a restricted fund that receives the income from the Dhole Permanent Endowment Fund. It is
Used to fund the annual Dhole-Eddlestone Memorial Prize of £ 1,000 for a paper published in Age and Ageing during the
previous calendar year. From 2020121 it has also been used to fund the Joint Dunhill Medical Trust 8GS Doctoral Training
Fellowship Scholarship. (Note 211. The total awarded by 31 March 2025 but not paid was £368,129, 131 March 2024..
£690,113).
Icl The Bulpitt Fund 15 used to fund up to essay prize5 of £400 each awarded every year by the Cardiovascular Section. Two
prizes were awarded in 202312412022123.. £8001.
Idl The Rising Star fund (formerly The Jim George Memorial fund) was originally established using a donation received in memory
of Jim George. The fund has received two donations during the year". £5,000 from the family of Jin George and £1 0,000 from
the family of Dr John Dall. The fund 15 Used to fund annual winners of the BGS Rising Star Award5. £750 wa5 awarded in
2023124 12022123.. £5001.
lel Research into Ageing Fund funds research which inform5 and influence5 the ageing research agenda to make it clinically
relevant and meaningful to the lives OF older people.
lfj The Frailty in Acure Settings Fund was established using money donated by a member who wishes to be consulted before
signiFicant spending is made. It was used to support the Frailsafe project. now complete. There was no movement on this
fund in 2023124 12022123 Nill.
Igl The Special Interest Group5 ISIG'5 are restriiied in so far as they are io be used by the relevanr SIG for charitable purposes in
the particular special interest field. Funds from SICS which are no longer active are transferred into the designated grants
fund. Frorn l April 2023 it has been agreed with SIG chairs that SIG incorne and expenditure for events will be processed
through Ihe general fund in Ihe same way as Ihe main conference5. Remaining SIG reserves were transferred on 31 March
2023 to a new designated account °SIG grants
Ihl The devolved nation fund5 are restricted in so far a5 they are to be used by the relevant devolved nation for charitable
purposes.
lil The English regions fund5 are re5tricied in 50 far a5 they are to be used by the BGS English region5 for charitable purp05e5.
From l April 2023 English region income and expenditure for events will be processed through the general fund in the same
way as the main conferences. Remaining English region reserves were transferred on 31 March 2023 tts the designated grants
fund and will be protecied for grants for five year5 a5 agreed.
Purposes of designated funds
(il The Fixed Asset Fund, was designated to assist In identifying those funds that are not free funds. It represents the net book
value of tangible assets and includes Marjory Warren House, the Society'5 registered office.
Ikl The designated SIGS grant5 fund wa5 established on 31 March 2023 by designating 5urplu5 SIG reserves of £ 76,598 a5
explained in note Ihl above. li fund grants, prizes and awards related 10 a SIG . The overall aim of the fund is 10 give grants
to enable participation, learning and development, whilst prizes and awards recognise and reward contribution. expertise or
achievernent.
111 The designated grants fund was established to fund grants, prizes and awards . The overall aim of grants is to enable
participaiion, learning and development, whilst prize5 and awards recognise and reward contribution, expertise or
achievement.
Im) Healrhcare in Care Homes fund5. This is a three year project beginning in April 2022 on the delivery of healthcare in Care
homes, building on the Society's publication. Ambitions for Change. Ir will be a cross-organisational project ranging from
influencin9 policy deci5ion5 to workforce and curriculum development to prornoting BGS membership to care horne staff.
Inl ThÈ BGS dÈvelopment fund was established for future projects, such as further development of the BGS website, ÈLearning
and other cloud re50urce5 to support members. An additional £150,000 was designated by Trustee5 in October 2022 to
fund an upgrade and further development of BGS websiie.
lol The revaluation reserve fund repre5ent5 the accurnulated unreali5ed gain net of Ios5e5 On the Society's listed general
inve51menis. In the prior year all invesiments held at CCLA in accumulation and income unit5 of Ihe COIF Charities Investment
Fund were sold and proceeds were immediately used ro purchase equivalent COIF Charities Ethical Investment Fund units. As
a result, the revaluation reserve relating to CCLA unit5 was realised and the balance of £1,055,921 transferred into general
funds.
(pl The charitable trading fund is the general fund of rhe trading company.
47

Docusign Envelope ID." BA43FE6&88DE4651-W52-36F83A7AEBCE
The Brltlsh Gerlatrlcs Soclety
Note5 to the financial statements
For the
ar ended 31 March 2025
19a Analysls of net assets bevween Funds (current year)
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Endowment
Funds
Total
Fixed A55etS
Intangible Assets
Investments
Cash & short term deposits
Other current assets I liabilitie5
786.161
786.161
158,406
3,431.501
722.080
1476.0771
158,406
2,285,912
665,997
1476,0771
405,519
405,905
56,083
334,165
Total
2,634.238
1.191.680
461.988
334.165
4.622.071
19b Analysls of net ￿set$ between Funds Iprlor year)
Unrestricted
Funds
De5igNated
Funds
Restricted
Funds
Endowment
Funds
Total
Fixed Assets
Investmenis
Cash
Other current assets I liabilitleS
839.770
546.908
839,770
3.820.647
860.847
1317.4871
2.525,700
625,847
1317,4871
405,905
235,000
342,134
Total
2,834.060
.386.678
640.905
342.134
5.203.777
20 Legal status of the charity
The charitv 15 a company limited by guarantee and ha5 no Share capital. The liability of each member in the event of
winding up is limited to £ I
21
Doctoral Fellowshlp Scholarshlps
BGS and DuNhill Medical Trust agreed to Share equally the c05t5 of one Doctoral Fellowship Scholarship annually for a
period of up to three years starting in 2019120. All three fellowships have now been awarded with a total
commitment to BGS of £2 76,946 of which £85,897 remains at 31 March 2025. Each fellowship is held at an
appropriare UK research insiiiuiion.
BGS and Dunhill Medical Trusi agreed a second Series of three Doctoral Fellowship Scholarships Starting in 2022123.
The total cost to BGS will not exceed £450,000. In March 2023 BGS and Dunhill Medical Trust agreed to fund an
additional scholarship in this series, which c(>uld bring the maximum commitment to £600,000. although the 2024
award was cancelled as the applicani secured other funding. To date £149.050 has been paid of these grants leaving a
vear end commitment balance of £282,232.
Total remaining commitrnents are shown in the table below.
Committed
for second
Total
series Commitment
Committed for
first series
Within one year
26,765
27.522
54,287
Over one year
S9,132
254,710
313,842
85,897
282.232
368,129
48