FACULTY OF MEDICAL LEADERSHIP AND MANAGEMENT

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

TC Derby Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having reviewed FMLM's financial position, levels of cash and reserves, long-term projections, systems of financial control, processes to manage risk, and Senior Management Team's continued endeavours to deliver operational efficiencies, the trustees believe FMLM is well-placed to manage its business risks successfully. The trustees consider FMLM has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees consider that FMLM remains a "Going Concern".”

Group structure

1. FACULTY OF MEDICAL LEADERSHIP AND MANAGEMENT · parent
   1. FMLM APPLIED LIMITED 100% · England and Wales · non-primary purpose trading activities

Significant events

• “FMLM Board approved and implemented structural changes to FMLM's organisation design to ensure we remained agile, financially sustainable, and ready to meet the evolving needs of our members.”
• “In September 2024, the Chair and Directors of FMLM Applied Limited voluntarily tendered their resignations to enable governance responsibilities for the "FMLM Group" (FMLM Charity and FMLM Applied Limited) to be consolidated under the FMLM Charity's Board of Trustees to streamline operations and strengthen the subsidiary trading company's alignment with the Charity's core mission.”
• “This year marked the beginning of an important new FMLM partnership with Wessex Appraisal Services Ltd, aimed at enhancing the quality, efficiency, and consistency of the appraisal process for connected doctors.”
• “The amendments to the Medical Profession (Responsible Officers) (Amendment) Regulations 2025 (SI 2025/221) came into force on 27 March 2025.”
• “FMLM joined the UK Health Alliance on Climate Change (UKHACC) to reflect our recognition that environmental sustainability is integral to high-quality healthcare leadership and system performance.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -42.1%

  £1,877,126 → £1,087,468

• Cash

  -47.4%

  £1,039,016 → £546,850

• Net assets

  -73.6%

  £577,319 → £152,363

• Employees

  0%

  17 → 17

• Wages

  -33.9%

  £1,228,310 → £811,607

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers