The numbers: British Small Animal Veterinary Association

The BSAVA is a membership association for pet vets. It supports Petsavers, a charity that funds veterinary studies into the diagnosis and treatment of sick pets.

Total income: £4.3m for the year ending 31 August 2006, compared with £4.2m for the year before.

Highest salary: One employee earned between £60,000 and £65,000.

Reserves policy: The charity aims to hold free reserves equivalent to at least six months' unrestricted spending. At year-end, reserves were equivalent to 7.3 months' unrestricted spending.

Fundraising costs: The association spent £8,600 on generating voluntary income of £60,000. This resulted in a fundraising ratio of 14p in the pound. The previous year's ratio was 6p.

Pension: The charity provides a defined- contribution scheme for employees.

How performance is communicated: The website for Petsavers, the BSAVA's fundraising charity (, contains information about the kind of research funded by the association and case studies of animals that have been helped. There is not much on the site about the charity's actual performance or its future strategy. The BSAVA's trustees' report and accounts, which are not available on the Petsavers or BSAVA websites, contain more performance-related information.

The charity says: "There has been a successful turnaround of our financial position over the past few years. There was a surplus at year-end, thanks to higher turnover from the annual congress, at which income increased from registration, masterclasses, social activity, sponsorship and exhibitions.

"Given the high proportion of income from congress and our membership, we have agreed an income strategy to try to diversify our funding."

Finance Animals

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