THE ROYAL SOCIETY OF CHEMISTRY

Charity number: 207890
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The RSC is an international charity and professional body that connects chemical scientists with each other and society as a whole. We develop and celebrate professional capabilities. We publish new research, bring people together to spark new ideas and partnerships, and support teachers to inspire future generations. We speak up to influence the people making decisions that affect us all.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£70,858,000

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £474.00k
Charitable activities £67.63m
Other trading activities £759.00k
Investments £1.76m
Other £227.00k

Total expenditure:
£85,114,000

Text alternative for this canvas graphic is in the data table below.
Raising funds £1.59m
Charitable activities £83.52m
Other £0

£6,202,000 investments gains (losses)

Total income includes £84,000 from 1 government grant(s)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £1.59m
Charitable expenditure £83.52m

People

735 Employee(s)

15 Trustee(s)

2091 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 75
£70k to £80k 47
£80k to £90k 25
£90k to £100k 11
£100k to £110k 3
£110k to £120k 2
£120k to £130k 1
£130k to £140k 1
£140k to £150k 4
£150k to £200k 2
£200k to £250k 3
£250k to £300k 1

Fundraising

No information available

Trading

This charity has one or more trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout England And Wales
  • Brazil
  • China
  • Germany
  • India
  • Japan
  • Northern Ireland
  • Scotland
  • United States

Governance

Registration history:
  • 03 September 1976: Standard registration
  • 04 March 2020: Removed (Funds transferred (gi))
  • 04 March 2020: Funds transferred to
Organisation type:
Other
Other names:
  • CHEMICAL SOCIETY (Previous name)
Company number:
RC000524 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • 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
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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

15 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Magdalena Titirici FRSC Trustee 21 May 2024
None on record
Dr Alexander W F Reip BSc MSc CChem FRSC FIMMM Trustee 16 November 2023
None on record
Dr Rehana Sidat BSc CSci CChem FRSC Trustee 16 November 2023
None on record
Dr Stephen J Byard BSc CSci CChem FRSC Trustee 12 July 2023
None on record
Professor Aline F Saiani nee Miller BSc PhD FRSC Trustee 12 July 2023
None on record
Professor Edwin C Constable MA DPhil CChem FRSC Trustee 12 July 2023
None on record
Professor David M Smith BA PhD CChem FRSC Trustee 13 July 2022
None on record
Professor Robert Mokaya OBE FRSC Trustee 22 October 2021
None on record
Remya Norris MChem CChem MRSC Trustee 07 July 2021
None on record
Dr Amanda Cooke MRSC Trustee 07 July 2021
None on record
Professor Richard F W Jackson MA PhD CChem FRSC Trustee 07 July 2021
None on record
Professor Jeremy K M Sanders CBE MA PhD ScD FRSC FRS Trustee 07 July 2021
None on record
Dr Annette Doherty OBE FRSC Trustee 05 November 2020
None on record
Jonathan Christopher Oxley BSc MBA CChem FRSC CMgr FCMI Trustee 29 April 2020
None on record
Claire Gallery-Strong BSc MSc CSci CChem FRSC Trustee 10 July 2019
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £67.25m £64.80m £63.68m £65.97m £70.86m
Total expenditure £65.68m £64.29m £64.46m £72.07m £85.11m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £411.00k £115.00k £190.00k £98.00k £84.00k
Income - Donations and legacies £579.00k £184.00k £588.00k £497.00k £474.00k
Income - Other trading activities £593.00k £124.00k £49.00k £406.00k £759.00k
Income - Charitable activities £65.00m £63.54m £62.21m £64.03m £67.63m
Income - Endowments £367.00k £56.00k £62.00k £293.00k £158.00k
Income - Investment £1.08m £890.00k £805.00k £975.00k £1.76m
Income - Other £4.00k £56.00k £19.00k £69.00k £227.00k
Income - Legacies £0 £0 £89.00k £10.00k £162.00k
Expenditure - Charitable activities £64.02m £63.05m £62.53m £70.58m £83.52m
Expenditure - Raising funds £1.66m £1.23m £1.93m £1.49m £1.59m
Expenditure - Governance £333.00k £338.00k £356.00k £347.00k £409.00k
Expenditure - Grants institution £360.00k £600.00k £0 £0 £1.03m
Expenditure - Investment management £772.00k £625.00k £1.51m £712.00k £563.00k
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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £6.43m £5.76m £5.02m £4.53m £4.48m
Long-term investments £108.23m £116.96m £122.95m £111.02m £102.97m
Other assets £34.95m £37.41m £36.81m £36.75m £29.50m
Defined benefit pension scheme asset or liability -£29.83m -£39.99m -£27.16m -£14.41m -£9.87m
Total liabilities £27.20m £30.01m £30.20m £34.44m £28.98m

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 25 October 2024 On Time
Accounts and TAR 31 December 2023 25 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 30 October 2023 On Time Download Open in new window
Annual return 31 December 2021 30 August 2022 On Time
Accounts and TAR 31 December 2021 30 August 2022 On Time Download Open in new window
Annual return 31 December 2020 20 September 2021 On Time
Accounts and TAR 31 December 2020 20 September 2021 On Time Download Open in new window
Annual return 31 December 2019 14 October 2020 On Time
Accounts and TAR 31 December 2019 14 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

ROYAL CHARTER OF 15 MAY 1980.

Charitable objects

GENERAL ADVANCEMENT OF CHEMICAL SCIENCE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED.

Linked charities

Linked charities
Linked charity 207890-7 BOC (GASES DIVISION) TRUST
Governing document
DECLARATION OF TRUST DATED 7 MAY 1976.
Charitable objects
THE FURTHERING OF KNOWLEDGE OF THE CHEMISTRY OF OXYGEN INCLUDING ITS USES AND APPLICATIONS AND THE ESTABLISHMENT AND REGULAR HOLDING OF CONFERENCES TO COMMEMORATE THE DISCOVERIES OF JOSEPH PRIESTLEY.
Area of benefit
NOT DEFINED.
Registration history
  • 03 September 1976 : Standard registration
  • 04 March 2020 : Removed
  • 04 March 2020 : Asset transfer out

Contact information

Address:
ROYAL SOCIETY OF CHEMISTRY
BURLINGTON HOUSE
PICCADILLY
LONDON
W1J 0BA
Phone:
01223420066
Email:
No information available
Website:

www.rsc.org Open in new window