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KIDDERMINSTER MEDICAL SOCIETY
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8th November 2023 Dear Colleagues, Kidderminster PGMC Trustees Report for 2022/23 Accounts for the year ending 4th April 2023 confirm a balance of £98,727 in the Society’s reserves, down from £120,856 in 2021/22. At the same time the Trust’s income from our COIF Fixed Interest Investment has declined again to £2,895 and the capital sum invested has depreciated by a little over £17,500 to £93,495. As a result of this rather modest investment income, and the expenditure of another £17,085 on nine more bursary awards, the excess of expenditure over income is up to £22,129. This compares with a lower negative balance of only £12,011 in the previous financial year. For the 2021/22 academic year, Birmingham Medical School had put forward as the choice for their bursary allocation, Emma Porter, from Selly Oak, and her end of year report has been posted on the Society’s website together with those of the other recipient for that year, Bahishta Sidiqi. For the 2022/23 academic year, Birmingham Medical School had nominated Megan Larkin, from Halesowen, who was having to work part-time to fund her studies, and our trustees met in the Education Centre towards the end of last year to consider applications for the second bursary. Contact had again been made with all 30 medical schools in the UK and these prompted an exceptional number of eight applicants with clear cut connections to the Wyre Forest area. These included Ellie Ravenscroft, Grace Doyle, Emma Peters Abigail Warren, Caitlin Thornton, Toby King and Joshua Clarke, all of whom had local addresses and/or had attended local schools. The eighth applicant, Tabeer Alam from Stourbridge, had completed 3 years of a 4 year medicine course in Ukraine before being forced to discontinue his studies due to the conflict. He had then been offered the opportunity to continue his degree course back in the UK but had been required to start the entire course again and self-fund. All eight applicants were considered worthy of our bursary but because of the exceptional number, it was decided to reduce the value from £3,000 to £2,000. For all of the above account details we are again extremely grateful for the service generously provided by Gordon Cox. Please let me know if these accounts, or any other matters in this report, need further clarification. Best wishes, Martin Lewis, Chairman of the Trustees.
Further information can be obtained from:
Dr M L
Lewis Email: martinlewis283@gmail.com Alternatively, click on this button to go to the website reply page and your enquiry will be forwarded. Click on this button to go back to the Website Click here to read reports from Bursary Recipients
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