Finance Score: 1
Governance Score: 3
Support Score: 5
  • Liabilities <10%: +3
  • Excess reserves: -3
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • No volunteer policy: -2
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Large volunteers +3
  • Overall weighted support: +2
Overall GiG Score: 9 ?

SOCIETY OF CHEMICAL INDUSTRY

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.
Analysis by Giving is Great

Positives:

  • This charity has been successful in attracting volunteers relative to its size
  • The charity has received modest backing from a grant maker recently
  • This charity has a robust balance sheet
  • Fundraising costs are low relative to funds raised
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Although this charity works with volunteers it does not have a Volunteer Management policy
  • There are 19 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £10,717,000 available, equivalent to 40 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£2,921£3,234£-313£0£12,912£10,71739.831800
31/12/21£2,593£2,959£-366£61£14,439£12,02148.8300
31/12/20£2,873£3,120£-248£55£13,909£11,66244.9360
31/12/19£3,556£3,704£-148£229£13,762£11,58537.5350
31/12/18£3,181£3,120£61£164£13,330£11,29143.4340
31/12/17£3,241£3,043£198£151£13,757£11,64345.9330
31/12/16£3,139£2,899£240£167£13,374£11,30146.8250
31/12/15£3,383£3,385£-2£268£13,028£10,95138.8240
31/12/14£3,255£3,499£-244£196£13,205£11,03637.8210
31/12/13£3,168£3,392£-224£221£13,469£11,20039.6250
31/12/12£3,488£3,216£272£220£13,323£11,11741.5250
31/12/11£4,267£3,379£888£204£12,719£10,75138.2250
31/12/10£3,271£3,436£-165£268£11,928£11,02138.5240
31/12/09£3,346£3,606£-260£303£11,816£10,91936.3280
31/12/08£3,428£3,610£-182£310£11,646£10,77535.8330
31/12/07£3,760£5,011£-1,251£496£13,309£12,29029.4410
31/12/06£3,308£3,446£-138n/an/an/an/an/an/a
31/12/05£2,600£2,517£83n/an/an/an/an/an/a
31/12/04£2,509£2,724£-215n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 7.6%
Fundraising Costs/Total Spending: 5%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 6%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 83%
Reserves/Spending: 39.8 months
Net Current Assets/Spending: 6 months
Quick Ratio: 1.8
Asset Split ?
Balance Sheet History
Established: 62 years

www.soci.org

accounts@soci.org

02075981511

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Education/Training
  • Other Charitable Purposes
GiG Classification
  • Professional associations
How it operates
  • Makes grants to individuals
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Department for Business, Energy and Industrial Strategy - Flue2Chem - Building a UK value chain in converting industrial waste gases into sustainable materials for consumer products.
£4,550 01/04/2022
Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=10030637

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (19)
Current Trustees appointed
Gender Split
Based on 18/19 persons

  • CHLOE WILLIAMS Appointed: 2022
  • DR BEN ALSTON Appointed: 2021
  • DR CHARLOTTE CROWHURST Appointed: 2021
  • DR DAVE ALLEN Appointed: 2021
  • DR ELIZABETH ROWSELL Appointed: 2023
  • DR GEOFFREY FOWLER Appointed: 2013
  • DR GEOFF MACKEY Appointed: 2022
  • DR JONATHAN HAGUE Appointed: 2021
  • DR JACQUELINE SHERIDAN Appointed: 2022
  • DR JEREMY PARKER Appointed: 2022
  • DR KEVIN MATTHEWS Appointed: 2021
  • DR NICK CHALLONER Appointed: 2021
  • DR SARAH SKERRATT Appointed: 2021
  • DR SHARALI MALIK Appointed: 2022
  • DR TIFFANY WOOD Appointed: 2019
  • HARRY SWAN Appointed: 2021
  • JEREMY COMPTON Appointed: 2023
  • PROFESSOR RAYMOND JONES Appointed: 2021
  • PROFESSOR ANDREW WATERHOUSE Appointed: 2022
Legal constitution
  • Charity registered in England & Wales on 22/09/1962, number: 206883
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
19 returns made; all on time
Main office

SOCIETY OF CHEMICAL INDUSTRY
14-15 BELGRAVE SQUARE
LONDON
SW1X 8PS

Objectives

TO ADVANCE THE SCIENCE OF APPLIED CHEMISTRY AND RELATED SCIENCES FOR THE PUBLIC BENEFIT.

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
360 Giving

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