SOCIETY OF CHEMICAL INDUSTRY

Charity number: 206883
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

SCI aims to advance the science of applied chemistry sciences for the public good by: furthering the application of scientific discoveries to the products and processes of industry; providing a forum in which discussions on the opportunities and issues of industry can take place, and publishing journals and books; granting medals, scholarships and other awards; all such other charitable means.

Income and expenditure

Data for financial year ending 31 December 2023

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Other Charitable Purposes
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Buildings/facilities/open Space
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 22 September 1962: Standard registration
Organisation type:
Other
Other names:
  • S C I (Working name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

19 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Greg Clark Rt Hon Trustee 01 January 2025
None on record
Ana Perroni Laloe Trustee 21 September 2024
None on record
Thomas Birk Trustee 21 September 2024
None on record
Dr Victor Christou Trustee 03 July 2024
None on record
Simon Curtis Trustee 03 July 2024
None on record
Jeremy Compton Trustee 01 September 2023
None on record
Dr ELIZABETH ROWSELL Trustee 02 July 2023
None on record
Dr Geoff Mackey Trustee 06 July 2022
CAPE - CLIMATE ADAPTED PATHWAYS FOR EDUCATION
Recently registered
Dr Jeremy Parker Trustee 06 July 2022
None on record
Professor Andrew Waterhouse Trustee 06 July 2022
None on record
Dr Sharali Malik Trustee 06 July 2022
None on record
Dr Jacqueline Sheridan Trustee 06 July 2022
None on record
Dr KEVIN MATTHEWS Trustee 07 July 2021
None on record
Dr SARAH SKERRATT Trustee 07 July 2021
None on record
Dr BEN ALSTON Trustee 07 July 2021
None on record
Dr JONATHAN HAGUE Trustee 07 July 2021
None on record
Dr DAVE ALLEN Trustee 07 July 2021
None on record
Dr TIFFANY WOOD Trustee 03 July 2019
None on record
Dr GEOFFREY FOWLER Trustee 03 July 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £3.56m £2.87m £2.59m £2.92m £3.84m
Total expenditure £3.70m £3.12m £2.96m £3.23m £3.86m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £78.32k £22.29k N/A N/A
Income - Donations and legacies £3.00k £324 £324 £0 £0
Income - Other trading activities £692.00k £407.90k £284.40k £540.00k £776.00k
Income - Charitable activities £2.69m £2.18m £2.01m £2.13m £2.76m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £171.00k £190.85k £225.04k £235.00k £272.00k
Income - Other £4.00k £11.09k £52.10k £16.00k £30.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.44m £3.03m £2.87m £3.07m £3.64m
Expenditure - Raising funds £262.00k £87.47k £93.36k £161.00k £220.00k
Expenditure - Governance £39.00k £40.09k £31.02k £26.00k £52.00k
Expenditure - Grants institution £0 £76.86k £109.14k £0 £0
Expenditure - Investment management £33.00k £32.09k £32.09k £161.00k £33.00k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £4.60m £4.42m £4.39m £4.22m £4.03m
Long-term investments £7.43m £7.58m £8.43m £7.18m £7.79m
Other assets £2.55m £2.84m £2.39m £2.38m £2.86m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £821.00k £926.13k £765.57k £860.00k £1.14m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 29 October 2024 On Time
Accounts and TAR 31 December 2023 29 October 2024 On Time Download Open in new window
Annual return 31 December 2022 31 October 2023 On Time
Accounts and TAR 31 December 2022 31 October 2023 On Time Download Open in new window
Annual return 31 December 2021 28 October 2022 On Time
Accounts and TAR 31 December 2021 28 October 2022 On Time Download Open in new window
Annual return 31 December 2020 25 October 2021 On Time
Accounts and TAR 31 December 2020 25 October 2021 On Time Download Open in new window
Annual return 31 December 2019 23 October 2020 On Time
Accounts and TAR 31 December 2019 23 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Linked charities

Contact information

Address:
SOCIETY OF CHEMICAL INDUSTRY
14-15 BELGRAVE SQUARE
LONDON
SW1X 8PS
Phone:
02075981511