DwS&gn En%*lope ID.. 322D1727.177H83M187.7AE(hX89E452
Registered number.. 06564642
Charity number: 1124840
SCIENTIFIC COMMirrEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
111
*ACCKLTDF
2V09r2023
COMPANIES HOLISE
#135

OotyJS¥Jn Envelope ID.. 322D1727-1774483fkA187.7*EfAWE452
SCIENnFIC COMMIThEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarantee)
CONTENTS
Page
Relerence and Administrative Details of the Company. Its Trnstees and Advisers
Trustees. Report
2-12
Independent Auditors. Report on the Financial Statsments
13-17
Statement of Financial Activities
18
Balance Sheet
19
Stat¢menl of Cash Flows
20
Noles to th• Financial Statements
21-36

Docu&gn En¥dope10". 322o1727-1774483L¥A187-7AEf￿F4s?
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Lirnited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2022
Trustees
Prof S Chrywn (resigned 7 September 2022}
Dr M Ravrchandran {resigned 7 September 2022)
Prof J Simces
Prof G WIL%on I￿S￿dned 7 September 20221
Dr Y Kwn, Presbjent
Prof D Karentz
Dr M Leppe Cartes {appoinled 7 September 2022)
B Ozsoy lappointed 7 September 20221
Company reglstered
number
564642
Charity registefed
urnber
1124840
Reglstgred office
Sc¢)tt Pdar Research Instilule
LensT￿k1 Road
Cambridge
CB2 1ER
Company Secretary
Dr Ec#3han Grrft
Chief exKulive officer
Dr Chandrika Nath
Independenl auditors
Peters Ek¥orthy & Mwe
Chartefed Accountants
SalisbLJry House
SlalK)n Road
Cambridge
C81 2LA
Banke
HSBC
Cambridge
Cambndgeshire
C82 3BZ
Investrnent Manager¥
Rathbone Investment Managemenl Lwnrted
8 Finsbury Circus
London
EC2M 7AZ
Pa9e 1

Oocu&gn Enydope ID.. 322D1727.1774-4830-A197.7AEfwgE452
SCIEPMFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee
TRUSTEES. REPORT
FOR THE YEAR ENDEO 31 DECEMBER 2022
The Trustees present their annual report tc*Jelher with the audited financBI statemenls of the company the
year 1 January 2022 to 31 December 2022. The Annual Report se￿$ the purposes of L￿h a Trustees, report
and a d1￿CtOrS. report undef company law. The Trustees eonfirm that the Annual Report and financial
slalemenls of the charitable company compty wrth the cur￿n1 statutory requirements. the requirements of the
ehari18ble company's goveming document and the provisions of the Statement of Recommended Practice
{SORPI applicable to charrtEs prepafing their accounts in accordance wth the Financial Reporting Standard
applic&)le in the UK and Republ￿ of Ireland (FRS1021 leffeLtive 1 January 20191.
sin￿ the eompany qualif￿ as small under sect*)n 382 of the Companies Act 20C6. the Strategie Report
required of medium and large companies under the Companies Act 21)]6 IStrategi¢ Report and Directors.
Report) Regulations 2013 has been omitted.
08JECTIVES AND ACMVITIES
. POUCIES AND OBJECTIVES
The Trustees have considered the chaniys benefft to the pubh"c. The trustees eonfirm that they have paid due
regard to the Charity Ccfflmission guidance on public benefit vthen reviewng the charity's aims and objeelives as
detailed below aTrJ in planning future actWit￿s.
The charity has main objedNes',
1} To advan￿ and promole scienlthc kno*Aedge. understanding and educab.on on any aspect of the Antarctic
region. on the rok of the Antarctic region in the Earth system, and on the effect of gl¢)bal change on the Anlar¢tic
regKJn'. and
2) To initiale. facilitate, ccTrordinale and enc(yJra9e international SC*ntffj￿ research a¢tiv+ty in the Antarctic region,
on the role of the Antarct￿ region in Ihe Earth system. arKI on thè effect of gkjbal change on the Anlarclic regK)n.
In addi(ion the Charity may further the Objects in particukgr but not exclusivety ty.
lal provrding objeth.ve and independent SC￿nItr￿ advice to the Parties to the Antarct￿ Treaty and other
organisalions on issue5 of srience and conservalNJn affecting the management of the Antarctic region and the
Southem Ocean".
Ibl faciliL*ing free and unfestrKt￿ access to sOentir￿ data and inforniatic￿ regarding the Antarctr region."
Ic) developing sc￿nt￿lC capa¢ity in the Members of Ihe Charity and w)ung ￿￿tiSts, and to prc¥note the
In￿rpOrat￿n of AnIa￿tiC wence in edu¢alhon at all thls. and
Idl communicth.ng scienlrfic infomWt￿n aboul the Antsrctic region lo the public.
In setting objectives and planning for acar¥rties, the Trustees have given due consideralK)n to general guidance
published by the Charity C*>nmtssion ￿laIn9 to p￿1¢ bel￿fft, irtluding the guKlance 'Public benefit. runnin9 a
charity IPB21'.
Page 2

Doc¥S*rs En¥dope ID. 322D1727-17744830A187.7AEtt*89E452
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limitod by Guaranleo)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
O&JECTIVES AND ACTIVITIES {CONTINUED)
b. STRATEGIES AND ACTIVITIES FOR ACHIEVING OBJECTIVES
Across 2021 and 2022, SCAR devebped a new strateg￿ P￿n for 2023-2028, titled "Ur9enl Messages from the
South". Antarctic and Southern Ocean sC￿ce and Pol￿. A near-final versDn was presented lo the 2022 SCAR
Delegates Meeting in Goa. India. in September 2022. and a small Delegate committee was tasked with finalising
the Plan. The final version was circulated to all De*ates on January 5th 2023. The new strategy fc¢uses on the
climate cftsis and the rok of SCAR as the leading scEnlthc organisation on AntarctTrca. CorKurrenlty. SCAR will
continue leading, supporting, and encouraging a broad range of AntarctK and Southern Ocean science and
resea￿h. SCAR strives lo establish rts presence a5 a foNard-kY)king inlemalK)nal scienlrfic organi5alion by
upholding values comrN)n lo all members and the wder sc*nlrfic cornmunrty, Including the pftnciples of equalty.
diversrty, and inclusNJn IEDII. SCAR also commits to reducing ils catrjn footprint in all actiwtie5 and cooperating
with its partners to minimise ermronrnental Impacts on Antarctica and the Southern Ocean.
In recent years. SCAR has foeuse(l its $c￿1￿C efforts on tts Scientffjc Research Programmes ISRPS
addressing major topical issues ol ihe day. each of which has a Irle of 8 years. Three new SRP$ weie approved
in 2020 and began activities in eady 2021:
Integrated Science to Inform Antarctic and Southem Ocean Conservation {Ant-ICONI will answer
fundamental ￿lence questsons las idenlffied by the SCAR Hortion Scan) relatsng to the conseNalion and
management ol Antarctu and the Soulhem Ocean and focus on research to drive and infomi intemational
decision-making and policy change
INStabilities and Thresholds in Antarctica (INSTANTI will address the first•order question about
Antarctica's conlnbul*)n to sea level. 11 aims lo quantify the Antarctic ice sheet's contribution lo past and
fijture global sea-fevel change by encompassing geosctertce. physical and bKJkngical sctences.
Near4emi Variabilty and Prediction of the Antarctic Climate System (Antclimnowl will inveslNJate the
prediction of near-lerm condrtions in the AntsTct￿ cltmate system on tirnescale5 of years lo muKiple decades.
Taking an integrated approach. it will cOn￿der the Antsrclic envirormenl as a whole.
Links to indivKlual groups and further delails are PTovhJed at". https".Ilwhw.scar.orglsc￿nceIsrpl
SCAR also supp)rts a variety of other Sc￿ntifiC xtNib"e$ in which value is added lo nalional efforts through
international cocyeration. These ¥twilies are coordinated by three Soence Groups ISGS, for respectively
Physical Sciences, Geosc*n¢es. and Lrfe Sciences) and managed by Action Groups cperaling for short periods
and Expert Groups Whe￿ MO￿ time is needed lo achieve ots'ectives. The Science Groups were referred lo as
'Standing ScEntffic Groups. before the 2016 Delegates meeting in Kuala Lumpur. All these groups are allocated
fijnding by SCAR to cairy out their activities (see https.'1h￿.Scar.Ol￿ab0Ut-UslSCar-DverView1), and the reports
are made freely available on Ihe groups webpages {e.g. https.'IIw4whT.scar.orglxien¢elresearch-overview4.
Al the 2018 Delegates Meeting, a ne4V Standing C¢)mrnrttee for the Hurnanrties and Social Sciences ISC-HASSI
was approved, wh￿h reflected the grcmlh of the research area and the success of preV￿￿S Expert Group5 on
History and Humanrties and Swal Sciences.
SCAR'S Standing Commitiee on the Anlafclic Treaty SsEtem has worked ck)sety with the SGS and the SCAR
Executive Committee (the Chaiity Trustees) to bring key seientifK issues to the attenlKJn of the Anlaretic Treaty
Consuhalive Meeting and other bodies such as the Intergovemmenlal Panel on Climate Change (IPCCI. These
issues have a direct impact on the envifonmenlal protection of the Antarclic region.
In order to improve how data and infornution are managed and made available, SCAR has devebped a Data
Information Management Stfalegy to facilitate free and unrestncted a￿e$S to scientific data and information
regarding the Antarctic ￿910n (see https".lfvwM.scai.orgls¢ar-libraryl￿portS-and-bul1etInsls¢ar-reportsl2712-
5car-report-344. In recent years efforts have fcKussed on understanding how researchers search for data and
Page 3

Doclkg'gn En*ltye ID.. 322D1727-17744831)A•87-7AEIXWE452
SCIENTIFIC COMMirrEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarnnteel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
0￿ECTIVEs AND ACTIVITIES ICONTINUED)
investigating the possitrHlities of a federated search tool.
SCAR has a Capacty Building. E¢Jucation and Training Implemenlalion plan Ihttps".11sMv.sear.orglsc8r-
librarylreportS-and-bulletins15car-reF4)rtsQ70>sear-report-274 outlining the strategy for increasing eapacily in
young and ear￿ career scientists le.g. the SCAR Fell¢)wship Programmel. countries wrth less well developed
Antsrctic Programmes as well as promting the incowlral￿Jn of Antarctic science In education at all levels.
In 2021 SCAR established its Equalty. Diversty and Inclusion (EDII ActKJn Group. tasked with broadly looking al
how EDI issues can be effectwely deaif with wrthin SCAR and what practical actKJns are relevant for the
organisats"on. Folhyiing an open call for vdunteers initrated in 2021, over 150 responses were received and
allowed the leadership structure of the Action Group lo be established and responsibilibes are being assigned.
Work has already begun on audfting exisling infomi*ion about diversity in leadership positions. applications to
award schemes, and attendance at meetings and conferences. SCAR'S EDI Action Group. approved in 2021,
now has over 150 members. A sFgnthcant theme emerging from EDI-themed sessrons and workshops al the
2022 Open Science COnfe￿nce was the need to la¢ilitate safe space discussion groups and hlenlify the most
effective platfoims to do so. In November 2022. the group Ce￿brated the third InternatK)nal Pokr Pride Day,
along with many olhefs. Subgroups are working on tf4)ics such as developing a ecK1e of conduct and surveying
diversity across the communty and across SCAR'S capa¢ity-building actwknes.
More detsils are available al hltpS".IAth￿V.$¢ar.orgl¢3P8c￿-bU1ldIngledtshorne1
SCAR has, li addrtis)n, developed a strategy to meet the requirement to o)mmunrcate scientific information
about the Antarctic ￿lOn to the publ￿ Ihttps'.1fvA￿.scèI.0rwSCar4lbraryIrep0rts-and-bvI1etlns1scal-reportsI2703-
scar-report-2511. This pLqn is In the prctess of being updated intemalty by the Secretariat.
The SRPS are reviewed internalty every two years and exlemalty at four years. The progress of all groups and
the Secretariat against slated ￿tIOn pkns 15 monrtore(l annualty.
ACHIEVEMENTS AND PERFORMANCE
. Review of activities
Highlights of 2022 include SCAR'S 101h Open Science Corrference Iscarf2022.orgi. held online in Avgust *Mlh a
total of 69 events and over 2.700 fegislered parttipanls. and the XXXVII SCAR Delegates Meeting, held in Goa.
India, in September in a hybrrd foftnal. enablrng parttcipants from 46 ￿ntrieS, scienlffic unions and partner
organisalions lo attend in person or online.
At the Antarctic Treaty Consullalive Meeting IATCM XLIV) held in Bedrn, Gemany, in May, SCAR submitted fouf
W0￿1n9 Papers. six Information Papers and one Background Paper. SCAR'S Antarctic Climate Change and the
Environment (ACCEI Decadal Synopsis report was strongty wekomed by part￿5, and Prof Dr Hans-otto Portner
IAlfved Wegenef Inslrtutel delwered the SCAR Lecture, 5ummarising the ACCE report and it5 scientific basis in
the findings of recent Intergovernmental Panel on c￿"rnate Change IIPCCI reports. SCAR was also invited to
deliver a ￿Cture summarising the ACCE rep)rt al the CCAMLR meeting in Hobart, given by Professor Si8ven
Chown. former SCAR President
The Soulhem Ocean Task Force, coordinated by SCAR, published the Swthem Ocean AclKJn Plan in April
2022, ¢￿tribu￿"n9 to the UN Ocean t)ecade {https".Ilw•w.sc#Jecade.(Jg4.
In Febwary 2022. SCAR. together with IASC. the Prince Albert11 of Monaco Foundation and the Oceanographic
Institute of Monaco, signed an Mou on the"Pdar Inrtiative" Ihttps"IlwM.fpa2.orglentinilialiveshhe-polar-inbtialive-
0121, the first activty of which was the SC1entrf￿ S￿mPOSIuM.' From Arctic to Antarclic The Cold is Gettin9 Holl,
held from February 24-2Sih in Monaco. As part of Ihe Initiative. the Foundation will also fund an addilional SCAR
Page 4

Oocu&"gn Envelope10." 32201721.17744830-A187-7AEIKfj89E452
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
OBJECTIVES AND ACTIVITIES (CONTINUED)
Fell￿Ship each year for al kasl lour years. beginning in 2022.
SCAR co-organised several side events al the UNFCCC COP27 meeting in Egypt, including an official event on
'Sl¢)w Onset, Irreversible lrnpacls BeY￿d Adaptstion.. Global Stocktake. IMplementat￿n and 1.5° Ambition" and
five events at the Interr￿tional Cryosphere Climate InilFative's Cryosphere Pavilion.
Activities of Relevance to Oty'ective 1 Ipromotw of se￿1￿¢ knowled9el plus Icl and (d} (capacty building and
communications) of the Chanty".
SCAR has a Capacity Building. Education ar￿ Trnining IC8ETI Commrttee. an essents.al activty of which is the
Fellowship programrne. SCAR is a CO•sponsor with the InternatKJnal Arctic Science Comrnittee IIASCI of the
Association of Polar Eady Career sC￿ntI$ts IAPECSI. wh￿h was developed under the International Pdar Year
IIPY). The SCAR Fellowships continue lo attracl many applicalK)ns. with 37 prcposals received for the 2022
round. A total of 5 SCAR Fellowships were •¥arded from the availab￿ funds, including the first Fellowship
awarded through the Polar Inrtiative The Fell(Mships are Intended lo allow earty Career researchers lo carry out
periods of research in a cc4Jntry drfferenl lo their own and prov*Je opportunrties for nthorking and skill
development. The 2022 SCAR cohort was from Brazil, Argentina 121, the UK and Ukraine.
https'.lfvw￿.sCar.Or￿9ene[a￿sCar.neWsl2o22￿car4eIk)￿ for further detail5.
In 2013, SCAR intr￿jU￿d a new Visrting Professor scheme. India and SCAR jointly funded this for the inaugural
year. The main aim of the scheme was lo prLNnole partnerships that advance Antsrclic researrh in a country with
developing Anlarclic prcgramme.
In 2018 several changes were intr0dl￿ed lo address a lack of dNersrty in the appI￿allonS and to wKlen the
scope of the capacity building proposed by the applicant$. As a result. the scheme was re-launched as the
SCAR Visiting Scholarships and attracted 27 applications {compared to 9 in 20171. with 9 of these applicants
being female {none in 20171. For 2022. 15 applulions We￿ received. wlh 10 of these being female. For the
2022 schwne, three awards were made lin early 20231 lo appli(3nts from Brazil. USA and Norway Isee
https.'Ilw￿.scar.orglgener81-$car-news12O22-￿srtIng-sch￿arSfj. Further details of Ihis scheme are given al
https..IfvN￿4.$cai.O￿aWards￿.sth.ng-Sch￿8rs1o￿ThieWl
SCAR Is participating in a project to update and publish online a bcd( on Polar Education Resources {publish8d
in 20101 as a *acy of the InlemalK)nal Pokr Year 2007-2008. SCAR 1$ partnering wrth Polar Educators
International, the Internal￿n31 Arctic Suence Commrttee IIASCI and the Associ*KJn of Pobr Early Career
Scientists {APECSI to advance the prqect.
Activities of Rdevance lo Objective 2 {￿lent￿¢ research) plus (a) and Ibl Ipolivy advice and data a￿ss) of the
Charity".
SCAR'S mission is lo be the leading non-govemmental, intemalional facilitator and adv¢xale of research in and
from the Antarctic TegK)n, lo piovide objective and aulhoritative scienb.fic advi￿ to Ihe Anlarcti¢ Treaty and other
bodies, and lo bring emerging issues lo the attenb'on of policy7nakers.
The 2022 Antarctic Treaty ConsultatNe Meetmg {ATCM XLIV-CEP XXIV) was hekl in person in Bedin, Germany
(also wrth some online participats"onl. The SCAR delegation presented papers ¢)n climate change. tourism, the
Anlarclic Environments Portal and a summary of SCAR-affiloted research *tivrties relevant to the climate
change science needs idenlthed by the Commrttee on Environmental Prolects'on ICEPI. SCAR also provided
advits on olhef topics under discussion by the Parties. such as special protection for emperor penguins,
chemical wn1amlnat￿n. and environmentsl monrtoring. The Antarctic Climate Change and the Environment
IACCEI Dec*Jal Synopsis report was slrongty welcomed by the Parties and referred lo throughout the meeting.
Hard copies of the report weie wowded to delegates. and large infographic banners were displayed in the
meeting exhibitw Space. Pfof Dr Hans-otto Portner (Att￿ Wegener Instrtutel delNered the SCAR Lecture on
Page S

Doty&gn Erwdope10. 322D1727.17744WA187.7AEt#X89E452
SCIEp¥llFIC COMMITTEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarante•l
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
O&JECTIVES AND ACTIVITIES ICONTINUEDI
'Anlarctic Climate Change and the Environment- a syrwsi5 and recommendations for ￿t￿n., swnmarising the
ACCE report and its sC￿ntifIC basis in Ihe findings of the recent Inlergovemmenlal Panel cffl Climate Change
IIPCC) rep)rts
SCAR advKe to CCAMLR in 2022 focussed on dimate change In the Southem Ocean, including a presentation
of the Antarctic Climate Change and the Environrnenl {ACCE) Decadal Syn¢Jp515 report and an inv((ed SCAR
Ledure on this topi¢. Updates were pwded from the SCAR Krtll Act•)n GfOUP (SKAGI and on the work lo
Klenlify Key Biodiversty Areas (KBA$l in the Southem Ocean.
SCAR ¢o-organised several sKle events at the UNFCCC COP27 meeting in Ewt. including an official event on
'Slow Onset, Irreversible Impa¢ls Beyond Adaplal(on". Gk)bal Stocktake. Imp￿ments￿.0n and 1.5° Ambrtion" and
five events at the International Cryosphere Climale InrtiatNe'5 Cryosphere Pavilion.
Through hosting the Antarctic Environments Portal. SCAR pro￿1deS impart￿1 information based on the best
available science to SUPFth irrformed dtscussKJn issues relevant lo the CEP and wider stakeholders.
SCAR'S Data lnfomiat￿n and Management Strategy is available at https..Ifvmv.￿ar.orty]lbr3ryIsCar-reportS-and-
bullelinslscar-reports12712-scar-report-341 to eftsu￿ free and unrestr￿ed access lo scientific data and
infomialion regarding the Anlarclic wion. The SCAR Data Pdicy 120221 ts described in SCAR Report 42,
published in September 2022 at https."IIwww.5car.oWscar4ibrarylrep)rts4nd-tyJlSetinsls¢ar-reports15797-SC8r-
feport421.
Detailed SCAR news for the year Can be accessed through back issues of the SCAR Newsletter al
https.llvwhv.scar.0r￿neWsInewSlette1Sl as wdl as the SCAR webpage. Facebc*)k. Linkedln and Twitter
siles.
. INVESTMENT POLICY AND PERFORhW4CE
Through ils investment pdicy SCAR aims lo provide caprtal growth lo enable rt to fulfil its mission and objectives.
In the longer tem) it is intended to draw ineome from these irtveslrrtnts lo support SCAR aclmlies.
SCAR worked wlh 8 profession81 Investrnent Adwsor when initiating the investrnenls portfolio and direetly with
the Inveslmenl Manager(sl to generate a risk profile wh¢ch matches the expectslions of the Execvlive
Committee wrth re9afd lo investrnents.
SCAR does not depend on retums from this invesling aclivty to fuNJ tts annual expenditure so r( ts anlicp*ed
divjdends and proffts will be re-invesled in the portfolio for at ￿$t the first 5 years.
The Executs've Committee is prepared to tO￿Tate volatility in the caprtal value of the investment portfolio but will
review and assess the performance annually as Outjined bdow.
Benchmarks
The Investment Adwsor and Investment Manager{sl wll meet al least annualty ￿th the Executive Director lo
view the status of the pc)rtI￿￿. The Investment Managerls) performance wll be assessed by the Executive
Director and Executive committ￿ annualty wrth reference to benchmarks and targets. These have been inrtially
set at 2% largel growth for the pLYifc4io per annum.
Page 6

Docusign En¥doFe10." 322D172Y.177U83￿AlO7-7AEC*￿8gE4S2
SCIENTIFIC COMMITTEE ON ANTARCnC RESEARCH
(A Comparry Limlted by GuardTrtse}
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 310ECEMBER 2022
ICONTINUEDI
b. FACTORS RELEVANT TO ACHIEVE OBJECTIVES
The major factors fdevant to SCAR achEving ils objectives are (il successful planning as enw5ioned by the
SCAR Strategic Plan and lil) ensuring adequate resour￿, both financial and human, to carry out the objeetives
of the Charity.
The new strateg￿ Ptan was presented at the SCAR Delegates Meeting in Seplember 2022 and. fcAlowing final
edrts approved by a srnall group of Delegales, pUb[￿hed in ￿ 2023. SCAR'S work in the next five yeafs will
focus on key objective5".
lal Enhan￿ng Scienti￿ leadership
Ibl Provmding scientrfic atjvice lo policymakers
Icl Promoting and faulitating access to data and sharing of samp
Idl Expanding capacity building, education. and training
el Improving Cr￿munIcatIOnS
Ensuring Equality. Dwer5ty and IndvsM)n IEDI) Yalues are applied to SCAR'S actmlies
Igl Adopting sustainability principles
These objectives will be delivered through the folkmng eXpl￿1t ￿t￿n$.
(al Coordinating and facilrtating science
Ibl Strengthening and expanding partnerships
Icl Ensuring sustainable income and effeclive Sup￿ of SCAR'S actNilies
Idl Producing valLte-added prodvcts
lel Ensvfing excellence by rig¢xous and rev
wrth regards to human resourees. n 2022. SCAR the benefit of three full-tiffe staff, an Exeeutive Dire¢lor.
Or Chandrika Nath, an ExecLANe Officer, Dr EtrJhan Griffin and a CommuniGgtKJns and Information Officer
(Project Off￿r from May 20221. Dr Johanna Grabow. There was also a part-time Administrative Officer,
Rosemary Nash. Dr Nath retume(I from long-term sTrck leave in a reduced time capacty in 2022.. however, the
Secretariat staff were supported Ihrough a ￿lSUltar(Y position lo the Pres*Jent provided by Prof Mahlon C.
Kennicutt 111. a past Pres￿ent of SCAR.
The Charity is fortunate lo have the support of the Scott Polar Research Institute, which kindty prowdes office
accommodats'on and other facilrtieslamenrtie5 for use by the Charity. In relum. the Charrty offers copie5 of routine
publications for the In5litute's library and advises and assists Inslitute staff whenever possible. Due lo the nature
of Ihis fv￿-way arrangement. rt is not possible for the charity lo value the in-kind donation within the financial
slalemenls.
FINANCIAL REVIEW
a. REVIEW
During 2022 SCAR received grant income of £55,950 12021.. £2.7461. income from national contributions of
£504,057, (2021. £474.3541 and investment income of £4,675 12021". £3,706) Expenditure in the year was
£435,16512021.' £361,200). The above resutt5 in net incorne before tnvestmenls for the year of £129,51712021.'
net ineorre of £119.6061 At the baknce sheet d*e the Charty held restricted funds of £122.536 12021".
£79,0201 as detailed in note 12 to the accounts. The Chanty also held unrestr￿le￿ funds. lotallin9 £842.533
12021.. £795.513).
Page 7

DocuSKJn Envelope ID." 322DI727.1774483fkA187-7AEt£￿É4s?
SCIENTIFIC cOMMI￿EE ON ANTARCTIC RESEARCH
(A Company Limited by Guarnnteel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 OECEMBER 2022
b. RESERVES POLICY
SCAR'S reserve is splrt into two fvnds.. (il A "SCAR ReseNe' is a fund to cover routine meetings and admin
expenses for a full year which is cakulaled to be the lolal costs of routine meeting plus admin costs for the
previous year plus 10Q/o and li1} A "Conlingency Fvnd" which compnses ￿ditI)nal fijnds left to SCAR after
committed funds and the Reserve have been taken into account.
The Trustees atm to retain free reseNes that are at least equal to cost of routine meetings and
adrninislrationlsupport costs. uplrfted by 10%.
For 2022 the SCAR Reswve figure based on it5 b￿Jgeted meetings and admin cosls is calculated to be
£283.672 {USD$343,2881 and free reserves (bein9 unreSt￿ed funds tangible fixed assets) per the
accounts are £837,923 (2021. £795.3891-
c. PRINCIPAL FUNDING
SCAR'S principal SOU￿ of funding is frun its member ctyjntries. who all pay a sev-assessed fee on a scale that
in 2022 ranged from S7,c￿ to $27.500 per year.
Al the Delegates meeting in 2012. mem￿ls accepted an increase in SCAR Membership Fees %thich came into
force in 2013 and were applicab￿ until 2017. SCAR De￿ateS agreed in 2016 to a new structure for Nat￿nal
Contributions from members that came into force in 2018. The details for 2022 are as bejcw..
Category
Contribution
No
Members
Total
In 2022-.
Special
Contnbuiors
Well
Developed
Programmes
$27.5
555.¢XIO
Russia. USA
$21.2
16
$339.200
Argentina. Australia, Brazil. China. France. Gerrnany,
India. Itaty. Japan. Republic of Korea. The
Nethedands. New Zeaknd, Norway. South Africa.
S ain UK
Behjium. Bulgaria. Canada. Chi￿, Czech Republic,
Ecuador. Finland. Malaysia. Peru. Poland, Portugal,
Sweden. Swrtzerland, Turke . Ukraine. Uru
ua
Austrk?, BeL3rus. Cclombia. Denmark, Iran, Mexico,
Monxo, Pakistan, Rornania, Thailand, Venezuela
Inrtial Stages
Programme
$12.400
16
$198.4CA)
Associate
Member
Totsl.
$7,000
11
$77.OCIJ
45
The charity does not engage in publ￿ fundraising. DurirYJ 2022 the Charity did not engage any exlemal
professional fundraisef5.
Page 8

Dttus'gn En¥elope ID.. 322D1727-IT7448N187-7AELX68YE452
SCIENTIFIC COMMI￿EE ON ANTARCTIC RESEARCH
{A Company Limited by Guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
d. PLANS FOR FUTURE PERIODS
While 2022 saw a slow return lo in-person meetings. the 2022 SCAR Open Science Conference wa5 held online
due to the uncertainty in travel restiictions. The Secretariat continued to work primarily remotely wlh only
occasional use of the offices at the Scotl Pdar ReSea￿h Instrtute. In 2023 there has been a noticeable increase
in the number of in-person meelings and, consequentty. a ￿nSIderable increase in the aclivily of SCAR Groups
through their support of travel. especially Earty Career Resea￿hers. The Secrelariat has also returned to havin9
a presence at SPRI al least two days per week. and weekty Secretarial team meeting$ have had in-person and
remote fomials.
2022 saw a return lo the usv81 tt.ming of the De*ales Meeting after the Open Science Conference. and 2023
will see the relum of the SCAR B￿lOgY Symposium ar￿ an ExecutNe Commrttee Meth"ng. This will resel the
usual timeline of SCAR meetirkgs wth the ISAES symp0s￿M for Geo$c￿nCeS retuming sn 2025, after the first in-
person Open Science Conference for six years in 2024.
From 2021. the Executive Committee c(N)trolkd ar)d M￿lI0[ed expenditures lo ensure cash flow and reserves
were maintained, reflecting the level of Nalional cOntrib￿￿)n income r￿￿ed. These pr￿dureS have been
maintained through 2022 and 2023. There have b*n no issues 7Mth eash flcrrt or InC￿8s1n9 Sevels of nat￿nal
contribution arrears lhfough.oul this wrangement.
Future Developments
2023 will see several in-person meetings returning. e.g. the SCAR Biology Symposium in August. the SOOS
Symposium also in Augusl and the INSTANT ¢onfererKe in September. and it is intended that for 2024 the
standard formal of having in-person meth'ngs for the SCAR Business Meetir¥Js. Open Science Conference and
Oelegales Meeting will all lake place over weeks in Pucon. Chile.
The Secretariat will wor* with the I￿al hosts lo invesligale how many of the events be opened up to virtual
part￿IpatIOn, including the necessty of hawng a hybrK4 De￿ateS meeting. Virtual participation addresse$ some
of the inequalities of wportunrty p￿Sented by, lor instance, the cost of travel to in-person meetsngs. It helps
SCAR reduce rts carbon foolprinl. wrth a target of nel zero by 2030.
Throughout 2023 SCAR has been advancing the preparations for an Intemational Polar Year {IPYI in 2032-33
wrth its ATctic counterpart, the Intemalional Arctic Science Commrtlee. Thi5 wll Invdve the development of a
On￿p1 note * invrting expressions of interest lo h￿t a joint SCAR-IASC meeling in 2030.
STRUCTURE. GOVERNANCE AND MANAGEMENT
. CONSTITunoN
The company is consliluted a Memorandum of AssooalKJn dated 1414r2¢Y)8 and is a registered charity
number 112840.
Charity was incorpofaled in England as a company limrted by guarantee on 14 April 2008 and registered as a
charity on 4 July 2008.
Page 9

DoLaJSYJn Envelope ID". 322Dl727.177448￿A187-7AEC￿6O9E4S2
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
STRUCTURE, GOVERNANCE AND ￿NAGEMENT ICONTINUEDI
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the Charity is the wsibility of the Tnjstees. who are elected and co-opted under the
temis of the Articles of AssociatK)n.
The Trustees who seTr￿d dunng the yearwere as follu4¥S.'
Dr Yeadong Kim. President
Prof S Chown. Past President untsl September 2022
Prof J Simoes
Dr Deneb Karentz
Prof Gary Wilson until Sept￿ber 2022
Dr M Ravichandran until September 2022
Prof Marcelo Leppe after September 2022
Prof Buroj Ozsoy. after September 2022
C. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
When new Iruslees are appointed Ihefe a￿ prcKedure5 in p*e to ensure that they G￿rty understand their
duties and responsibilities.
d. PAY POLICY FOR SENIOR STAFF
Al the 2016 SCAR Delegates Meeting the Executi¥E Cornmittee was tasked with reviewing the Secretarial
Salaries. As a ￿$v￿ pr¢Jposals were develLwed and formalty a9re&J by the Executive Committee al their ineeling
in Bmo, Czech Republ￿ in 2017.
The Execulive Committee concluded that the rerwneration of SCAR Secretariat staff was outd*ed. having not
reflected the high living costs In the Cambridge area. and were bebow the level paid by similar scientific
organrLalions based in the same oty. Stsff annual salary ￿leS were restructured lo the following ranges..
Executive Director £57.764 - £73.015' Executive off￿r £34.956 - £46.924', Administrative Assistant Ipart-time
60%) £27.629- £32,958.
Staff salaries were appraised annualty within these pay scale ranges initially, however thE Exe¢ulNe Committee
decided that pay scales limrts could be exceeded as required by appraised award5. The Executive Committee
has engaged independent consultants to advise on an appropriate appraisal and pay award scheme, inclL4ding
the pay policy for Sefi￿r staff. and will receive their advKe in 2023. after wh￿h revised policKeS will be determined
and implemented.
Page 10

(k)￿$Van EnvelopB 10.. 32201727-177HWA187.7AEIKWE452
SCIENTIFIC COMMirrEE ON ANTARCTIC RESEARCH
IA Company Limited by Guafanteel
TRUSTEES. REPORT ICONTINUEOI
FOR THE YEAR ENDED 310ECEMBER 2022
STRUCTURE. GOVERNANCE AND MANAGEMENT ICONTINUEDI
e. ORGANISATIONAL STRCTURE AND DECISION IAAKING
The Charity has an Executive Committee IEXCOM) comprising a PreS￿ent, four Vice Presidents (VP. with
responsibili(ies for lil Finance, lill Education and Outreach. lili) Suence and INI Adminislralwe and Conslilulional
Affairs) and a Past President all chosen lelectedl from De￿9*le$ or Attemale Delegates of Full Members. These
members are also the Trustees of the Charrty.
The Charty is run on a day to day basis by an ExecLrtive Director. an ExecLbtive Officer, a part time
Administrative off￿eT and a part time Communications and InfomiatKJn Officer. The Executive Officer is
responsible for the day lo day financial management of the Charity ¥wth oversight by the Executive Director. The
Executive Director. who is 8 non-voting member of Ihe Executive Conwnrttee. ￿nSUlts on financpl matters %Mth
the Vice-President for Finance_
f. RISK MANAGEMENT
The Tru$lee$ assess the major risks to which Ihe Chanty ￿ exposed. in particular those related to the operations
and finances of the Charity. and are satisfied thal systems and prc*edures are in place lo mitvJate exposure to
the major risks. These are reguL4rty reviewed, al least annualty. and updated as n8ce$sary. In 2018 the
organization established a risk register.
Fiom the financial perspective, the Charity has $￿ured income from Ihe nalK)nal contributions of Ils 45 Member
countries in 2022. The number and the timely payThenl of conlnbutions by Ihe Members pcovide security for
future income. SCAR also ¢onlinL*S attracting nthv members, wrth four new ones approved in 2016. one in
2018, one in 2021, and members moved from Assocrale to Full Membership. One further member was
approved in 2022. These increases redu￿ the burden of higher costs due lo inflat￿n and salary increases land
the burden of payment arrears by a small number of members due lo their economic circumslancesl and will
not, in the long run, detract from the abilrty lo spend the majonty of income effectNely on Science 8Ctivrties.
While indNhYual members may occasionalty encounter payment difficutties. the national contribution arrears level
is closely monrtored and has faI￿n in recent years. At the 2022 Dekgates Mèeting. a 20% increase in national
contributions was prowsionally approved. and final approval from members is being confirmed In 2023. The
impact of the loss of administration and salary contributions from the Tinker-muse Proe after its completion in
2018 has been offset by the increase in members and the asswated contribLrtions.
There are no conventional "competi(cK or9anis*ions to SCAR regafding its m•n objectives, and rts cperalions
and effectNeness are revi￿ed inlernalty and exlemalty pertsJically In 2015 an internal Structure Review was
undertaken. with consultation sought from the Antarct￿ research and policy eommunilies. The result5 we
presented at the 2016 De*ates meeting. and several were approved. The extemal review by the ISC resulted
in a positive assessment of SCAR actNrties. wrth recommendations received to help enhan￿ this wt)rk.
The most s￿nIficant operational risk is the deperKlerte the Charity has on Ihe voluntary work carried out on its
behalf by the Antarct￿ research and poly communrt*s. In lems of leadership and guidance for rts Science
groups and the e¥alualK)n of applications for rts various award. these volunteers continue lo ensure that SCAR is
perceived lo be Meeting its objectives for the eommunty. The Chanty will eontinue lo revw h¢)w fi supports
these volunteers to ensure maximum effectweness.
As noted in the section on Plans foi Future Periods, the SCAR ExecutNe Committee eontinues to closely monrtor
the receipt of Nat￿n31 ConlTibutsons in 2023 to ensure that expenditu￿ is tsibred to match the level of income
eeived. In this way, the risk of ddayed or missed Contriblrt￿ns wll be mrtigaled.
Page11

Docu&gn En¥doFe10.. 322D1727_17744￿A187.7AECQ6BgE4S2
SCIENTIFIC COMmI￿EE ON ANTARCTIC RESEARCH
IA Company Lifflited by Guarantee)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2022
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustees Iwho are also the direct¢)rs of the company for the purposes of CL)mpany lawl are responsible for
Pfeparing the Trustees, Report and the financial statements in a¢cordance with appI￿able lav4 and United
Kingjom Accounting Standards Iurbited KIryd￿n Generalty Accepted A¢￿untIr￿ praCt￿e).
Company law requires the Trustees lo prepwe financial SL￿ementS for each financial year. Under company law,
the Trustees musl not approve the financial statements unless they are satisfied that they gNe a true and fair
view of the slate of affairs of the company and of its incoming resoLtrces and appl￿tion of resources, including
its incc¥rE and experKlrture, for that period. In weparbng these financial stalwnenls. the Trustees are required lo..
select suitable a¢￿untIng policies and then appty thern consistentl￿,
observe the melhc4Js and principles of the Charrt￿$ SORP {FRS 1021.,
make judgments and accountin9 esbmates that are reasonable and prudent,.
slate whether applicable UK Accounting Standards IFRS 1021 have been followed. subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concem basis unless ri is inappropnale lo presume thal th8
company will continue in business.
The Trustees are responsible for keepiro adequate accounting T￿rdS are sufficient lo show and explain
the companys transact￿n5 and disclose reasonab￿ accuraty at any time the financial position of the
company and enable them lo ensure thal the financial statements comply wrth the Companies Act 2006. They
are also responsible for safeguarding the assets of the company and hence for taking reasonable step5 for the
prevention and detection of fraLKI ￿ olher irreguIarrt￿.
Disclosure of inlormation to audilorJ
Each of the persons who a￿ TDJstees al the time v&*en this Truslees, Report rs approved has confirmed that..
so far as lh* Trustee is awa￿, there is no rekvanl audil Infom)al￿n of wh￿h Ihe Charitys auditors are
unaware, and
that Trustee has taken all the steps that ought lo have been taken as a Trustee in order lo be aware of
any relevant audit infomialion and to establish that the charills audrtors are aware of that infomalion.
Approved by order of the merthrs of the board of Tnjstees and soned on thew behalf by.
prfsw giwLS
ProfJ Simoes
Trustee
Dale.. 14 September 2023
Page 12

' Ooc¢JS¥Jn Envdcpe ID.. 322D1727-1774483￿A187-7AEc￿689E4S2
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limiled by Guaran*e)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCIENTIFIC COMMITTEE ON AMTARCTIC
RESEARCH
OPINION
We have audited the financial statements of SUent￿ C<ynmittee on Antsrctic Research Ilhe 'charitable
ompan¥} for the year ended 31 December 2022 whth comprise the Statement of Financial Activrties. the
Balan￿ Sheet. the Statement of Cash Flthvs and the ￿lated r￿les. I￿ludIng a summary of signiftcant
accountin9 policies. The financial reporting frarn￿r￿ that has been applied in their pfeparalion is applicable law
and United Kingdom Accounting Standards, includiry Finanual Reporting Standard 102 'The Financial Reporting
Slandafd applicable in the UK and Republ￿ of IreLand' (United Kingdom Generally Accepted Accounting
Practice).
In our opinion the financial staternents..
give a true and fair view of the stste of the charrtable ￿PanIS affairs as at 31 December 2022 and of rts
incoming resources and applic*ion of resour￿. induding its income and expenditure for the year then
haye been propedy prepared in awdarKe wrth United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordanee wilh the requ1￿mentS of the CorTwanies Aet 20C6.
BASIS FOR OPINION
We conducted our audrt wi accordanee wrth InternatiC￿al Standards on Audrting (UK) {ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are rekvant to our audit of the finanaal statements in the United Kingdom,
including the Financral ReFrt)rting Counol's Eth￿al Standard. and V￿ have ftjlfilled our other ethical
responsibilities in accordan￿ wrth these requirements. We beltve thal the audr( eviden￿ we have obtained is
sufficient and appropriate to provmle a basts for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements. ¥￿ have concluded that the Trustees. use of the going concern basi$ of
accounting in the preparation of the financial slalemenls is appropriate.
Based on the work we have perf0M￿d. we have not idenlffj￿d any material un￿rtaintieS relating to events or
corKlilton$ that, individualty or collectivety. may cast signtfic8nl doubt on the charitable company's ability lo
continue as a going concem lor a peri¢xJ of at least Iwefve months from when the financial sL*emenls are
aulhorised for issue.
Our responsibilities and the responsibilities of the Trustees resp￿1 to going ¢c￿Cern are ￿e￿ribed in the
relevant sections of thi$ report.
Page 13

DocJJSign En*lope 322D1727-1n448￿A187-7AEL1￿E4S2
SCIENTIFIC cOMMI￿EE ON ANTARCTIC RESEARCH
(A Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCIENTIFIC COMMITTEE ON ANTARCTIC
RESEARCH (CONTINUED)
OTHER INFORMATIQN
The other infomiat*)n comprises the infomwlion wi¢1￿ in the Annual Report othef than financial
siatements and our Audrtor5' Report Ihereon. The Trustee5 are responsible for the other infomalton Contained
within the Annual Report. Our opIn￿n on the financial slalements does not ¢over the other infomiation and.
except lo the extent otherwise explicrtty staled in our report. we do not express any form of assurance conclu5i0n
Ihereon. Our responsibilty is to read the other infomiatson and, in doing 50. ￿n$￿￿er whether the other
information is matwially inconsistenl ￿th the financial stalements or our kncwledge obtained in the course of the
audit. or otherwise appeafs to be malerialty misstated_ If we klenlify such Material in¢onsistenctes or apparent
malerkal misstatements, we are required to detemiine whelher this gives rise to a material misstatement in the
financial statements themSe￿e$. If, based on the WO￿ we have perfom)ed. we conclu¢Je Ihal there is a material
misslalement of this other infomwtion, we are reqUI￿d to report that fact.
We have nothing lo report in this ￿ard.
OPINION ON OTHER MAThERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the undertaken in the ¢tyJrse of the audit:
the infomation given in the Trustees, Report for the financ¢al for which the financial statements are
prepared is consistent wrth the financial statements.
the Trustees, Report has been prepared in accordance with applicaNe *al requirements.
MAThERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of our kno5￿edge and undef51anding of the Charitab￿ cornpany and f(s environment obtained. in the
course of the audrt, we have not Identified malefial mi5Statements in the Tru51ees' Report.
We have nothing lo report in respect of the folllywiry matters in Telation lo which Corryanies Act 20(6 requires
us lo report lo you rf. in our opinK)n'.
adeq[￿e accounting records have rth)I been kept. or retums aequate for ¢yJr audit have not been
receNed from branches not visrted by us. or
the financial slalements are not in agreement with the accounting rewrds and relums.. or
certain disclosu￿$ of Trustees. remuneration specrfied by law are not made," or
we have not received all the Info￿natIon and explanations *Ae require for our audit.. or
the Trustees were not entitled io prepare the financial statements in accordance wiéh the small companies
regime and take advantage of the small companies, exemptions in preparing the TrLtslees' Report and
from the requirement lo prepare a Slrntegi Report.
Page 14

Do¢uSNJn Envelo￿ ID: 32201727.177U8>M187.7AE(fWE452
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
(A Company Lirnited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCIENTIFIC COMMirrEE ON ANTARCTIC
RESEARCH ICONnNUEDI
RESPONSIBILITIES OF TRUSTEES
As explained more fulty in the TTuslees' Responsibililies Statement. the Tfuslees {who are also the directors of
the charitable company for the purposes ol Company lawl are responsible for Ihe preparation of the financial
statements and for bwng satisfied that they give a twe and fair Vw. and for such internal control as the
Trustees delennine is necessary lo enab￿ the preparatKM oi financial ststements that are free from material
misstatement. whether due to fraud or error.
In preparing the financh?I ststemenls. the Trustees are respM$￿)le for assessing the charrtable company's ability
lo continue as a going con￿rn, disclosing. as applicable, matters related to going concem and using the going
concem basis of accounting unles5 the Trustees eiiher intend to Iquidate the charrtable company or to cease
operation5, or have no realistic alternative but to do so.
Page 15

Dcusign Enveknpe10.. 32201727.l77448￿l87-7A£l*6￿￿4s2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCIENTIFIC COMMITTEE ON ANTARCTIC
RESEARCH (CONTINUED)
AUDITORS, RESPONSIBIUTIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our objectives are lo obtain reasonable assuran￿ aboul whether Ihe financial staternenls as a whole are free
from m*erial mis5tatemenl. whether due lo fraud or error. and to issue an Auditors, Report that include5 our
opinion. Reasonable assurance is a hvJh level of assuran￿. but is not a guarantee that an audrt conducted in
accoTdance Wbth ISAS IUKI will detect a material misstatement when rt exists. Mi5$1atement$ can arise
from fra¥Jd or efror and are conS￿ered maierial rf, indmdually or In the aggregate, they could reasonably be
expected to influence the economic decisions of users laken on the basi$ of these financk?I statements.
Irregularittes, including frèud, are instances ol non<ompliance wich laws and regulations. We design procedures
in line with our iesponsibilrtEs. outlined ab)ve. lo detect material misslalemenls in respect of ¢r￿QUIal111e$,
including fraud. The extent to which our procèaures a￿ capable of delectiryJ irregularities, Nicluding fraud is
detailed below..
Our approach lo identifying and assessing the rtsks of material misslatement in respect of irregularrties. including
fraud and non-compliance ￿th laws and regulations, was as foll¢)ws'.
we identified the laws and regulations applicable lo the charitable company through dtscussion5 Wlth
Trustees and other management, and from OUT knovledge and experience of the scientific sector.
we ¢)btained an unde￿landIng of the legal and regulatory framewo￿ appl￿ble lo the entrty and how the
entty is complying wf(h that fr￿ne￿Ork.,
we obtained an understanding of the entrtls policies and procedures ￿ compliance wth laws and
regulat￿n$. including dLxUm￿tskn0n of any instances of non-ccmpliance. and
we assessed Ihe extent ol coMpl￿nCe wilh the I￿S and regulat￿n$ identrfied atthe through making
enquirEs of management and inspethng *1 cryrespondence.
We assessed the sus¢eptibilty of the charitable ¢cvnpan¥s financial sl*wnents to malerial misslalement,
including cbtaining an understanding of Ibjw fraud might occur. by."
making enquir*s of man4ement and Trustees as to where they Cons￿e￿d there wa5 $useepts"bilrty to
fraud, Iheir knOw￿dge of actual. Suspected and alleged fraud.
To address the risk of fraud through management bias and overrAJe of controls, we,.
tested joumal entries lo ￿ent￿Y unusual transxlions.,
we designed procedures lo identfy unexpected and unusual joumal entries and performed testing to
confim the validity of such postings.. and
performed audit WO￿ over the risk of management overrtde of contfds, including lesling of journal entries
and other adjustments lor appropr￿lenesS, evaluating the business rationale of signrficanl transaetions
outside the nomiaj course of business and reviewng xcounts.ng eslimales bias.
In response lo the nsk of irregulairtw and non-C(ryliance wrth laws and regulations, we desgned procedures
which included. but were not limited lo".
agreeirKJ financial sL*ement disck>sures to undety.ng supwting dotsjmenlation,"
enquiring of management as to &tual ￿ Wential litig8lKJn aThJ claims.. and
Page 16

ow$9n En￿ope ID.. 32201727-l77448￿A187-7￿E(￿mE4$z
SCIEKfiFIC COMMirrEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarnnt801
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF SCIENTIFIC COMMITTEE ON ANTARCTIC
RESEARCH ICONTINUEDI
we rewewed minLrtes'of meetings ofthose charged wth govemartt.
There are inherent limrtalions in our audit procedures described above. The more removed that laws and
fegulalions are from financial transactions. the less likety rt is that we would become aware of non<ompliance.
Audrting standards also limit the audrt piocedufes required to identify non-compliance wrth laws and regulations
to enquiry of the directo￿ and other managem￿1 and the inspectron of regulatory and legal correspondence, rf
any.
Material misstatements that arise due lo fraL*J can be hard8r to detect than th0$8 Ihal arise from error as they
may involve deliberale concealment Of ￿lIU$L)n.
A further description of our responsibilrtw for the audil of the fir￿nCial Statements is located on the Financial
Reporting Council's website at.. ww.frc.o
uklauditorsr
nsibilrties This description fomis part of our
Auditors, Report.
USE OF OUR REPORT
This report is made solety to the Charitab￿ ccrfnpanvs Mery￿er$. as a body, in aetordance with Chapter 3 of Part
16 of the Companie5 Acl 20Cfj. Our aL¥Jrt work has been undertaken so that we might slate lo the charitable
company's members those matters we are required to stsle to them In an Audrtor5' Report and for no other
purpose. To the fullest extent pem)itted by Iw. we do not accept or assume responsibility lo anyone other than
Ihe charrtable company and rts members. as a bcoy. for our audrt work, for this report. or for the opinions v
have formed
Kelly 8retherick (Senior Statutory Auditor)
for and on behalf ol
Peters Elworthy & Moore
Chartered Accountants
Slalulory Auditors
Salisbury House
Station Road
Cambridge
CB1 2L4
Dale.. 14 Septernber 2023
Page 17

DocLK&yn En%*lLwe ID". 322D1727.1774483fkA187-7AEtTh89E452
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 DECEMBER 2022
Unrestricted
fvnds
2022
Restricted
fund$
2022
Total
funds
2022
Total
funds
2021
Noto
INCOME FROM:
Charitable aclwilies
Investments
560.007
4,675
477,100
3,706
4.675
TOTAL INCOME
508.732
SS.950
564.682
480.806
EXPENDITURE ON..
R8ising funds
Charitable activit*s
4.341
406,133
4,341
430.824
4.549
356.6S1
24.691
TOTAL EXPENDITURE
410.474
24.691
435.165
361,200
NET INCOME BEFORE NET
ILOSSESVGAINS ON
INVESTMENTS
Nel110s5esllgains on inveslments
31259
129.517
{38,9811
119.606
20.893
138.9811
NET INCOME
59.277
112.2571
31,259
12.257
9D.$36
140,499
Transfers behveen funds
12
NET MQVEMENT IN FUNDS
47.020
43,516
90.536
140.499
RECONCILIATION OF FUNDS:
Total funds brought fO￿ard
Nel movernenl in funds
795,513
47,020
79.020
43.516
874,533
90,536
734,034
140,499
TOTAL FUNOS CARRIED FORWARD
842.$33
122.536
965.069
874.533
The Statement of FIrkinC￿ Activ((￿ includes all gain5 and bsses recoanised in Ihe year.
The notes on pages 21 10 36 fomi part of these ffinancial s￿￿eMentS.
Page 18

Oo¢ySwJn En¥elcpe ID.. 32201727-17T4483M187.7AEIWgE452
SCIENTIFIC COMmI￿EE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
REGISTERED NUM8ER: 06564642
BALANCE SHEET
AS AT 31 OECEMBER 2022
2022
2022
2021
2021
FIXED ASSETS
Tangib￿ assets
Inveslmenls
4.610
234.607
124
273,536
239.217
273,660
CURRENT Assgrs
Debtors
Cash at bank and in hand
10
161,187
620.052
79,669
554,507
781.239
634,176
Credrtors.. amounts falling due within one
year
155.387
133,3031
NET CURRENT ASSETS
725.852
600.873
TOTAL NET ASSETS
965,069
874,533
CHARITY FUNDS
Restricted funds
Unreslricled funds
12
12
122.536
842.533
79,020
795,513
TOTAL FUNDS
965,069
874,533
The Trustees acknowledge their responsibilrties for complying wrth the requirements of the Act wrth respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in ￿)rdan￿ tMth the provis*)ns appluble lo entities subject lo
the small compan￿$ regime.
The financial slalements were approved and authorised for issue by the Tru51ee5 and signed on their behaff by..
Profvssor
Prol J Simoes
Trustee
Oale.. 14 September 2023
The r￿e$ on pages 2110 36 fomi part of these finarKial statements.
P4e 19

Docu&gn Envéope ID.. 322D1727-17744830A187-7AEOIME452
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2022
2022
2021
Note
CASH FLOWS FROM OPERATING ACTMTIES
Net cash used in cper*ing *ivities
14
70,424
137,423
CASH FLOWS FROM INVESTING ACTIVITIES
Divtdends, interests and rents from investrnents
Purchase of tangible fixed assets
pr￿eedS from sale of investments
Purchase of investments
4.675
15,846}
61.334
165.042)
3,707
25,222
{26.0141
NET CASH {USED INVPRQVIDED BY INVESTING ACTIVITIES
14.879)
2.915
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR
65.545
140,338
414,169
Cash aThJ cash equNalenls at the beginning of the year
554.507
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
15
620.OS2
554,507
The notes on pages 2110 36 fofm part of these finanual st*ements
Page 20

Docustsjn Envelope ID.. 32201727-l77448￿Al87-7AE￿68gE4S2
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POLICIES
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared in accordance wrth the Charrtie5 SORP IFRS 1021
Accounting and Reporting by Charities". SL*ement of Recommended Practi￿ applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republt of Ireland (FRS 10211second edition of the Charrties SORP October 2019, effe￿1ve
effective 1 January 20191.
ScienlrfK Committee on Antarctic Research meets the deffinilion of a publ￿ benefit entity under FRS
102. Assets and liabilites a￿ initialty reeognised at hiStOr￿al cost or transaction v81ue unless
otherwise Stated in the rethnt xcounting poly.
There were no swnthcant estimate5 or I￿geff￿ntS m* by management in preparing these
financial statements.
1.2 GOING CONCERN
The Trustees have reVi￿ed the financial K*)sit￿n ol the Charty and have a reasonable expectation
that the Charrty has adequate ￿$OUr¢eS to continue in operational e￿StenCe for the foreseeable
future. Accordingly. the financkql staterrenls continue to be prepared on the going concern b8SiS.
1.3 COMPANY STATUS
The Charty is a company limited by guaranlee. The nEmbers of the Charty are the Trustees n￿ned
on page 1. In the event of the Charty being wound up. the liabik.ty in resped of the guarantee is
limited to £1 per member of Ihe Charity-
1.4 FUND ACCOUNTING
General funds are unrestricted funds wh￿h are available for use al the discretion of the Twslees in
furtherance of the general objectr¥es of the Charrty aAhd which have not been designated for other
purposes.
Restricted funds are funds wh￿h are to be used in aCCordar￿e wth specffic restrictKJns imposed by
donors or which have been raised by the Charrty for particular purposes. The costs of raising and
administering such funds a￿ charged against the specrfic fund. The aim and use ol each ￿$tr1ded
fund is sel out in the notes lo the financol ststements.
1.5 INCOME
l In￿Me is reC￿niSed once the Charity has enlitlemenl lo the income, it is probable that the
income will be Teceived and the amount of income recetvable can be measured relkgbly.
Donated facilr(ies are recognised when the Charty has control over the rtem, any condf(ions
associated wrth the donated item have been met. the r￿elp1 ol economic benefrt from the use of the
charity ol Ihe item is probable and that economic tenefrt can be rneasura reliably. The Charity
some11n￿S secures olfice space for meetings free of charge, however in the majority of instances
there is a significant degree of reciprocty to the arrangement and therefore rt is not possible lo
eslimate the value. The net effect. laking the recipr￿31 arrangement into account, is not deemed lo
be signifunt and is not valued in these acetyjnts.
Income on funds hebj lor deposrt ts irKluded when re￿Nab￿ and the amount Can be measured
Page 21

DocuS*Jn En￿Ope ID.. 322D1727.1774-463￿A187-7￿ECWgE4S2
SCIEKfiFIC COMMirrEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POLICIES {CONTINUED)
1.6 INCOME {CONTINUEDI
reliably by the Chanty,. this is nomalty upon n￿￿￿tItin of the interest paid or payable by the Bank.
Dividends are reccgnised On￿ the dNKlerKI has been declared and r*Jtificat￿n has been received of
the dNRlend due.
Income from nath￿al contribut￿nS is recognised in the perK¥J to which it relat85. NatKJnal
contributions owing lo the Charity at the year end are incfuded in deblofs. Nats'onal contributions are
only wrrtten off after consutst40n with all member delegates. The member wntries self assess
which level of contribu￿n ks most appropriate wthh regard to the level of Antsrctic research
undertaken in that country.
Grants are (eCr￿niSed when the Charty ha5 been notified in writing of bolh the amount and
settlement dale. In the event that a grant is subject lo conditions that require a level of performance
before the Charty is entit￿ to the funds. the incomè Is deferred and not recognised until either those
condrtions are fijlty met. or the fuifillment of those condrtions is wholly within the control of the Charity
and rt 15 probable that those condition5 will be fulfilkd in the ￿pOrting period.
her income is ree£9nised in the period in wh￿h r( is receivable and to the extent Ihe gcods have
been prov•Jed or on CoMp￿tr"0n of the serv￿.
1.6 EXPENDITURE
Expenditure is reco9nise(l once there is a legal or C￿structive obligation lo transfer e￿￿orn￿ benefit
to a third paty. it is probable lh* a transfer of econ(Ynic beneffts will be ￿quIred in settlement and
the amount of the obloalK)n can be nwsured ￿11abty.
All expenditure is accounted for on an acenjals basis. All expenses including support costs and
govemance cosls a￿ allctaled to the app1Kab￿ expendrture heading5.
Support cosls are those costs inCUr￿d directty m sup￿ of expendrture on the objects ofthe Charty
and include project Management. Govemance costs are those incurred in connection wlh
administralion of the Charity and conN)liance wth conslbtulional and statutory fequirements.
Costs of raising funds represent investment managerr*nt fees.
The wages and salaries of the Executr¥e Director and Executive Officer have been alo&ited on the
basis of the PT0POrt￿n of time spenl on direct and support activtrs.
Expenditure on raising funds includes all expendrture incurred by the Charity to raise funds for its
chantable purposes and includes cosls of all ftjndraising activit￿5 events and non-charilable trading.
Expenditure on charitable actiwt￿s is incurred on directty undertaking the att￿lI1e$ which further the
Charitys objectNes. as well as any assctiated SUPP¢)rt costs.
All expenditure is inelusive of irrecoverable VAT.
Page 22

DocuS￿Jn enYdope10". 322D1727-1774483M187-7AE(W9E4$2
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guaranl8el
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POUCIES {COPrnNUEDI
1.7 TANGIBLE FIXED ASSETS ANO DEPRECIATION
Tangible fixed a$sel$ costing £250 or more are capilalised and recognised when fvlure economic
benefrts are probable and the cost or value of the asset can be rrEasuied reliably.
Tangible fixed assets are Ini(ially reccYJnised at cost. After recognrtion. under the cost model, tangible
fixed assets are measured al cost accumulated depreaation and any &cumulated impairment
losses All cost5 incurred to brin9 a tsngible fixed asset into rts intended working condth'on should be
included In the measurement of cost.
Depreeialion Is charged so as to all¢Jcate the cost of tangible fixed assets less their residual value
over their estimated useful INes. using the stravJht4ine method.
DeWecrat￿n is provrded on the foll(￿Ing basis".
Fixtures and ffttings
C(xnputer equipment
20Qh straight-line
33% straighl-ljne
1.8 INVESTMENTS
Fixed asset investments are a fomi of financial instwment and are inrtially recognised at Iheii
tr8n&Ktion cost and subsequently measured at fair value al the Balance Sheel date, unless the value
cannot be measured reliably in wh￿h Case it is measured al cost less irnpairmenl. Investment gains
and losses, whether realised or unreal￿, are combin&J arKI presenled as 'Gainsl{Lossesl on
inveslmenls. in the Stalernent of Financial ACtiV￿es.
1.9 DEBTORS
Trade and other debtors are reccgnised at the seltlement amount after any trade dI￿Ount offered.
Prepayments are valued at the amount prepaid nel of any Irade discounts due.
1.10 CASH AT BANK AND IN HAND
Cash al bank and in hand inclu(les cash and short4emi highty IK4uKI investments wlh a short maturity
of three months or less frThm the date of acquisrtKJn or opening of the deposrt or similar account.
1.11 LIABILITIES AND PROVISIONS
Liabilities are recognised when the￿ is an obligation at the Balance Sheet dale as a result of a past
event, il is p¥obable that a transfer of economic benefit will be requi￿ in setllemenl, and the amount
of the settlen*nl can be estimated ￿l￿9b￿.
Liabilities are wognised at the amount that the Charty anticipates it will pay to settle the debt or the
amount it has receNed as advawl payynenls for the goods or services it musl provide.
Provisions are rnea5ured al the best estimate of the amounts required to settle the obligation. Where
the effect of the lime value of money is fnaterial. the provision 15 based on the present value of those
amounts, dIs￿unted at the pre-tax discount rate that ieflects the risks specrfic lo the liabilrty. The
unwinding of the discounl is recognised in the Statement of Financial Activities as a finance c05t.
Page 23

DDcuSvJn Envelope10.. 322D1727.l77448x￿A187.7￿EO(th9E452
SCIEPMFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limiled by Guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POUCIES ICONTINUEDI
1.12 FINANCIAL INSTRUMENTS
The Charity has financsal assets and financial Irabilities of a kind that qualify as basic financial
inslTuments. Basic financial instruments are initialty reccgnwl at transaction value and subsequently
measured at their settlerrent value.
1.13 FOREIGN CURRENCIES
Monetary assets and liabilrties denominaiejj in foreign currerries are IransLqled into sterling al rates
of exchange ruling at the Teporting date.
Transactions in loreign currencies are transl*ed into sterling al the rate ruh.ng on the date of the
transaction.
Exchar¥Je gains and losses are recognised in the Ststement of Financial AdNitEs.
1.14 PENSIONS
The Charity oper*es a defined contribution pension scheme and the pension chafge represents the
amounts payable by the Charity to the lund in respect of the year.
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted R¢stri¢ted
funds
lund$
2022
2022
Total
fund$
2022
Total
funds
2021
NalKJnal Contribulion fees
The Polar Inilialive income
Women in Polar Sc*nce income
Antarctic Environments Portal income
504.057
504,057
41,529
14.421
474,354
41.529
14.421
2.746
TOTAL 2022
504.057
55.950
560,007
477.100
TOTAL 2021
474,354
2.746
477.100
Page 24

Docusign Enve* ID.. 3220l7￿.17744830Aj87_7￿ElX￿E4s2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
INVESTMENT INCOME
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
DNidend income
Bank interest ￿CeIvable
4,393
282
4,393
282
3.704
4.675
4.675
3,706
TOTAL 2021
3.7
3,7C6
INVESTMENT MANAGEMENT COSTS
Unrestrlcted
funds
2022
Total
furtds
2022
Total
funds
2021
Investment management fees
4,341
4,341
4.549
TOTAL 2021
4,549
4,549
ANALYSIS OF EXPENDITURE BY ACTIVITIES
Activities
undertaken
directly
2022
Support
Costs
2022
Total
funds
2022
Total
funds
2021
Charitable activities
359,304
71,520
430,824
356,651
TOTAL 2021
226,835
129,816
356,651
Page 25

Ooojsign Envelope ID". 322o1727-177m83￿A187-?AE￿Kw9E4S2
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
(A Company Limbted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ANALYSIS OF EXPENDITURE BY ACTNMES (CONTINUED)
ANALYSIS OF DIRECT COSTS
Total
funds
2022
Total
funds
2021
A¢tiviiies
2022
Staff costs
Capacty Building. Edu¢ats'on and Training
Scientific Actmtses
SCAR Fellowships
Medals SupFKIrt ActNrt
Bad debt provisM)n
Unclaimed travel grants
119,410
7,519
39.570
36,81 S
2.148
260,652
44.565
80
{25,487)
2,148
260,652
44,565
80
125.4871
30,929
17,4081
359,304
3S9.304
226,83S
TOTAL 2021
226.835
226,835
Of the above expendrture, £24,691 12021.. £5.3191 was met direclty frcffi ￿$t￿led funds.
The figure for s￿entsfi¢ At#ivities of £260.65212021". £39,570) indudes expenses such as workshop and
event expenses. travel expenses and co-sponsorships whth are incurred in the Un￿strICted aetivty of
the Charity.
Page 26

DocuSHJn Envelope ID.. 32201727.177UWA187.7AEC#)669E452
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guaranteè)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
ANALYSIS OF EXPENDITURE BY ACTivmES (CONTINUED)
ANALYSIS OF SUPPORT COSTS
Totsl
fvnds
2022
Total
funds
2021
Activlties
2022
Stsff costs
Depreciation
Foreign exchange gain
offi￿ costs
Secretariat travel
Bank lees and interest
EXCOM travel
B￿kkeepIng fees {g0veman￿)
Accounts p￿paratif￿ {govemance)
Audit fees Igovernancel
Professional. legal. and other fees {govemancel
108,991
1,360
(99.0981
19,277
6,519
4,181
8.404
9,041
4.31 S
8.400
130
108.991
1,360
199.0981
19,277
6.519
4,181
8,404
9.041
4.315
8.400
130
97,807
1,080
13,5331
5,362
580
2.945
8,640
5.160
8,030
3,745
71,520
71.520
129,816
TOTAL 2021
129,816
129,816
In 2022 arKI 2021 all sijpport and governance costs were met from unrestrKted funds.
G¢)Vernan￿ costs amounted lo £21.88612021'. £25.575).
AUDITORS, REMUNERATION
2022
2021
Fees payab￿ lo th8 chanty's auditor for the audrt of the Charitys annual
accounts
8.400
8,030
Fees payab￿ lo the charity's auditor in respect ot.
All non-audrt ser¥ices not included above
4.336
5.160
Page 27

DocuSwJn En¥dwe10.. 32￿11?27.17744e20.Al87.?AE(f¢89E4S2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
STAFF COSTS
2022
2021
Wages and salaries
S(￿la1 secufty costs
Contribution lo deffined contribution pensK)n schemes
Consutsncy
144.893
10.798
4.040
26.606
168,797
13,780
5,252
29,388
186.337
217.217
The average number of perS￿S empbyed by the company during the was as folbws".
2022
No.
2021
No.
Empl¢)yees
No employee ￿e1ved remuneration amunting to more than £60.C(Q in erther year.
The key managemenl personnel of the Charty ccrfnprises the Trustees and the Executwe Oirector. The
Trustees all give their time and expertise wrthout any kind of remuneralion or other benefrt in kind12021'.
£NIll. The total employment beneffts of key management personnel We￿ £21.192 12021.. £68,780).
Employment beneffts includes employers national in$uran¢e and employer pension ¢ontributions.
During the year, one Iruslee receNed reimbursed travel expenses amounting lo £8,40412021' None).
Page 28

DO￿$19Th Én¥elope 10.. 32201727.17744830A187.7AE¢)J689E452
SCIEKTIFIC COMMITTEE ON ANTARCTIC RESEARCH
{A Company Limited by Guarant•e
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
TANGIBLE FIXEQ ASSETS
Computer
equipment
COST OR VALUATION
Al 1 January 2022
AdditKJns
18.7S7
5,846
At 31 December 2022
24.603
DEPRECIATION
At 1 January 2022
Charge for the year
18.633
1.360
Al 31 December 2022
19,993
NET 800K VALUE
At 31 December 2022
4,610
Al 31 December 2021
124
Page 29

Drwsgn Envdope ID.. 32201727-1774489>A187-7AE(IA89E452
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
FIXED ASSET INVESTMENTS
Listed Cash held at
inv8stments
brokers
Total
COST OR VALUATION
At 1 January 2022
Addi(ions
Disposals Iproeeeds £61.334. realised loss £7991
Revaluation5
AJnounls written off
262.204
65,042
162,1331
{38,1821
11.332
273,536
65,042
162,133)
(38,182}
13,6561
13.6561
AT 31 DECEMBER 2022
226.931
7.676
234,607
NET BOOK VALUE
AT 31 DECEMBER 2022
226.931
7,676
234,607
AT 310ECEMBER 2021
262,204
11.332
273,536
All the fixed asset irwestrmenls are hehj in Ihe UK.
All investments are c*ned at their fail val￿. Inveslrnent in equrtie5 and fixed Inte￿$t securities are all
traded in quoted publ￿ markets, primarily the London St￿k Exchange. Holdings in common investment
funds, unit trusts and open-ended investment companies are at the bhl price. The basis of fail value for
quoted investments is equivalent to the market value. using the bid PTtce Asset sales and purchases are
recognised * Ihe dale of Irade al ￿$1 lttwl is ltreir transactK)n value).
The Charity is operating an investment polw that pr¢)vides for a degree of diversification of holdings
within different unf( trust investments. Potenl*l returns have been sought from 8 combination of capital
aPPfecialvJn and incLKne retum. These relums have been sought from a combination of the assets used
in Balanced Retum, portfdios, bul also include a ¥￿der range of possible investments that are more
volatik, but prov*Je a higher potential return, Suth as investments In shares or overseas inveslmenls.
The portfol￿ is well diversrfied by asset class and more weohled towards more secure investments such
as Brrtish Government securities (Gittsl or bonds issued by other secure supranational organisalions
such as the Eurowan Investment Bank. 11 also comprise5 of other income producing investments, such
as coiporate bonds and preference shares but to a lesser exient than nomalty assccialed with 'lncome
Return. investors. The baknce of the Fortfolio incorporates direct investrnents into shares of large and
medium SLzed companies.
The Charty th)es not mae use of deriv*rves as rt lakes the that investments are held for thwr
longer temi growth annual inccm*.
The Charity has no material inveS￿nI holdings in markets subjecl to exchange controls or trad
restrKtions.
Page 30

Doojsign EnveloFe10". $2201727.17744830-A187-7AE((689E452
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
10. DE8TORS
2022
2021
DUE WITHIN ONE YEAR
Trade deblofs
Other debtors
Prepa￿neftts and accrued income
128,678
4.000
28.509
75,669
4,000
161,187
79,669
11. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Trade creditors
Oiher taxalK)n and soual security
Other creditcrfs
Accruals and deferred income
18,410
2,618
402
33.957
17,339
15,964
55.387
33.303
Page 31

Do¢uSign Envelo￿ ID.. 322D1727-l774483￿A167-7AErA168gE4S2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
12. STATEMENT OF FUNDS
STATEMENT OF FUNDS - CURRENT YEAR
Bala￿e at
31
Gains1 D￿eMtser
ILos5esl
2022
Balance at 1
January
2022
Transfer4
inlout
Income Expenditure
UNRESTRICTED
FUNDS
General Funds-
all funds
795.513
508.732
(410.474)
112,2571
138.981
842,533
RESTRICTED
FUNDS
Antarctic
Environments
Portal
PRAMSO
Women in PoL8r
Science
The Polar
Inrtiative
29.185
49.835
{20.9091
3.095
5.906
11.371
SS.741
14.421
13.7821
442
11.081
41.$29
2.814
79.020
55.950
124.6911
12.257
122.536
TOTAL OF
FUNDS
874.S33 564.682
(435.1651
138.9811
965,069
Page 32

DocuSKJn En¥ely ID.. 322D1727-l774483￿l07-7AE(￿E4S2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
(A Company Limited by Gtsafantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
12. STATEMENT OF FUNDS ICONTINUEDI
STATEMENT OF FUNDS - PRIOR YEAR
Balance at
31
December
2021
Balance at
1 January
2021
Transfers
inloul
Gainsl
ILossesl
Income Expenditure
UNRESTRICTE
D FUNOS
General Funds-
all funds
655.035
478.C60
(355.8801
(2.5951
20,893
795,513
RESTRICTED
FUNDS
Anlar¢t
Environments
Portal
PRAMSO
31,570
47,429
2,746
15,320)
189
2.41
29.185
49,835
78.999
2.746
15.3201
2.595
79.020
TOTAL OF
FUNOS
734.034
480.
I361,2￿)
20,893
874,533
Page 33

Do(xJSvJn Envelo￿ ID.. 322D1727.177448WA187-7AELX6￿4s2
SCIENTIFIC COMMITTEE ON ANTARCTIC RESEARCH
IA CoM￿nY Limited by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
12. STATEMENT OF FLINDS ICONTINUEDI
l of the transfers represent administration recharges aThl fOre￿n eXCh￿ge drfre￿n￿.
Restn'cled Funds
The Antaretic Enwronmenls Portal- The Portal {www.environments.aq) continue5 to provide the Antarctic
Treaty Parties wrth easy access to reliable and up4Trdate information on a range of issues We￿vant to the
management of Anlardie environments. During the year funds were receNed from The Ministry of
Forwgn Affairs- Nethedands Govern￿￿nt the Australian Antarctic thvision.
PRAMSO (Paleoclimate records from the Antar¢ti¢ Margin and Soulhem Ocean) - Support provided
alongside SRP - PAIS Iscientffic Research Programme - Past Anlatctic Ice Sheet dynamics) and the
Programme Planning Group for INSTANT IINSlabilit*s and Thresholds fft ANTafCtta).
Women in PoLqr Science - This projed aims to build a strong nehvork of W¢)men wothing in Polar
Scienee and Inspi￿ Othe￿ lo become polar sc￿lIstS and al pfesent does not have its own inslrtutional
base, arthough rt ¢Joes attract signifunt funding. SCAR acts to ￿e1ve and distribute this funding under
the direction of the prqeet leadership.
The Polar Inth"alive- Sign&J in 2022. the Inili*Ne p¥lners the Prince Albert11 of Monaco Foundation with
SCAR and the International Arctic ScEntffic Commitiee. to address Issues of common interest, through
support for bienn￿1 meetings and funding for dedicated Fellwhips.
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR
Unrestricted
funds
2022
Restricted
funds
2022
Total
funds
2022
Tangible fixed assets
Fixed asset investments
Current assets
.Creditofs due within on8
4,610
234,607
658,703
155,387)
4,610
234,607
781.239
155.3871
122,536
TOTAL
842.533
122,536
965.069
Page 34

OooJS¥n ÉrNelope10.. 322D1727-1774483M187-7AEC(689E452
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
{A Company Limited by Guarantag)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
13. ANALYSIS OF NET ASSETS 8ETWEEN FUNDS (COPlnNUEDI
ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR
Unrestricted
funds
2021
Restricted
funds
2021
Total
funds
2021
Tangible fixed assets
Fixed asset Investments
Current assets
Credilots due wthin one year
124
124
273,536
634,176
133,303)
273,536
555,156
(33,3031
79.020
TOTAL
795,513
79.020
874,533
RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING
ACTIVITIES
14.
2022
2021
Nel income for the year la$ per Stateft￿nt of Finanoal Adivrtiesl
90,536
140,499
ADJUSTMENTS FOR:
Depreciation charges
Gainslllossesl on inveslff*nts
Oividends, interests antl rents investments
Oecreasellincreasel in debtors
IncreaselldeC￿asel in creditors
Movement in cash at broker
1.360
38.981
14.6751
181,5181
22,084
3,656
1,080
120,893)
3,706}
23,633
14,826}
1,636
NET CASH PROVIDED BY OPERATING ACTMTIES
70.424
137,423
IS. ANALYSIS OF CASH AND CASH EQUIVALENTS
2022
2021
Cash in hand
620.052
554,507
Page 35

DocuSKJn Envdope ID.. 322D1727.1774483￿AI87-7AE￿6B9E4S?
SCIENTIFIC COMMIThEE ON ANTARCTIC RESEARCH
IA Company Limited by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
16. ANALYSIS OF CHANGES IN NET OEBT
At31
December
2022
January
2022 Cash flow5
Cash at bank and in harKI
554.507
65,545
620,052
554,507
65,545
620,052
17. PENSION COMMITMENTS
The Chanty operates a defined contr￿ut￿n$ pens*)n ￿heMe. The assets of the scheme are hehj
Separately fr¢yn those of the Charty In an independentty administeied fund. The pension ¢ost charge
represents Contributions Payab￿ by the charty to the fund and amounted to £4,040 12021 £5.2521.
Conlribuiions lotalling £402 12021 tNill were payable lo the fvnd at the balance sheet date and are
included in creditors_
18. RELATED PARTY TRANSACTIONS
There We￿ no related ￿rtY transactK)ns during the current or pre¥ious ￿ar$.
Page 36