Total income £1.3m for the year ending 31 December 2007, compared with £620,000 for the year before.
Highest salary No employee was paid more than £60,000.
Reserves policy The charity's target is to hold free reserves to cover nine months' unrestricted spending. Restricted funds are held at a level to cover about a year's grant spending. As a result of greatly increased income in 2007, the current levels of reserves were well above targeted levels.
Fundraising costs The charity spent £63,000 on generating voluntary income, which totalled £1.2m, giving it a fundraising ratio of 5p in the pound. The previous year's ratio was 9p.
The charity currently offers no pension, but is taking on new staff and therefore intends to set up some form of scheme, possibly a stakeholder pension. The employer contribution, if any, has not yet been decided.
How performance is communicated
The website (www.brps.org.uk) gives a description of the charity's activity and a lot of detail about the kind of research it funds. It would be nice, however, to have a short summary of some of the key breakthroughs the charity has helped to fund. The trustees' report and accounts give more detail about the charity's work and its performance. They are not available on the public access part of the website, but the charity says it intends to rectify this.
The charity says: "Income during the year was up significantly and was our highest ever. This was because of record volunteer fundraising by our branches and several substantial legacies, which totalled £733,000. We also appointed a new chief executive, who will drive forward our five-year strategic plan."