2023-12-31-accounts

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The 173[rd] Annual Report of the Royal Meteorological Society for the period 1 January – 31 December 2023

THE SOCIETY’S MISSION ................................................................................................. 2 PUBLIC BENEFIT .............................................................................................................. 2 The advancement of health or the saving of lives ........................................................... 2 The advancement of education ...................................................................................... 2 The advancement of the arts, culture, heritage or science .............................................. 3

The advancement of environmental protection or improvement ...................................... 4
PRESIDENT’S FOREWORD ............................................................................................. 5 THE YEAR JANUARY TO DECEMBER 2023 .................................................................... 6 FINANCE ........................................................................................................................... 7

Annexes in a separate document

Annex A - The UK Weather of 2023
Annex B - Membership and Accreditation
Annex C - Awards
Annex D - Scientific Publishing
Annex E - Societal Benefits
Annex F - Underpinning Activities and Cross-cutting Priorities
Annex G - Membership of Committees, Boards, Local Centres and SIGs
Annex H - Reports from Other Representative Bodies

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THE SOCIETY’S MISSION

The Royal Meteorological Society is the UK’s Professional and Learned Society for weather and climate and its mission is to advance the understanding of weather and climate and its application for the benefit of all. The Society plays a key role as the custodian of both the science and the profession of meteorology in the UK and has an important role to play internationally as one of the world’s largest meteorological societies. The Society is owned by its membership but exists for the benefit of all.

PUBLIC BENEFIT

The Royal Meteorological Society is dedicated to providing benefit to the wider public, or sections of it, in achieving its aims. The Charity Act 2011 lists 13 main charitable purposes that would be regarded as ‘for public benefit’. In the Society’s case, the public benefit of our activities falls into four of these categories.

The advancement of health or the saving of lives

Through partnerships such as the General Aviation Safety Council (GASCo), the UK Flight Safety Committee (UKFSC), Royal National Lifeboat Institution (RNLI) and the Royal Institute of Navigation (RIN) as well as many weather service providers, the Society offers support and training for weather and climate-related safety-critical issues. The Society holds weather and climate education seminars and events for operational meteorologists, private pilots, and sailors, with the specific purpose of improving safety and reducing the number of accidents and incidents relating to poor weather conditions, which can sometimes be fatal.

In 2023, the Society attended a series of Aviation Safety Information Exchange meetings with GASCo for private pilots and created content raising awareness of World Drowning Prevention Day with the RNLI and co-hosted a webinar on ‘ Extreme Weather and Safety at the Coast: Insights from RNLI and RMetS’ . The Society also hosted 6 Met Masterclass events for operational meteorologists in partnership with the University of Reading. Many of these events were free to attend.

The Society is the academic partner with EUROCONTROL to support the SKYbrary website (skybrary.aero/index.php/Main_Page) to oversee weather content in order to encourage a meteorological exchange of information with the aim of enhancing flight safety.

While responsibility for implementing and maintaining the Aeronautical Meteorological Personnel (AMP) standards rests with the weather service providers in the aviation sector, the Society continues to provide support and impartial advice where required to enable them to comply with the World Meteorological Organization’s (WMO) and the International Civil Aviation Organization’s (ICAO) criteria for competence and qualifications. The Society’s professional accreditation schemes (Registered and Chartered Meteorologist) also support record holding of Continuing Professional Development (CPD) activities required as evidence for maintaining the AMP.

The advancement of education

The Society’s mission has a wide remit that looks to support people’s understanding, interest and enthusiasm in weather and climate, whether they are research scientists, amateur meteorologists, practitioners, communicators or members of the general public. It goes further, supporting the development of high-quality science, the next generation of scientists, the professional development of individuals, recognising further and higher education courses, informing policy and supporting learning in weather and climate through education and outreach activities.

The Society works with teachers and students at primary, secondary and higher education levels to promote understanding of weather and climate, and runs interactive projects to both stimulate the interest of students in meteorology and to improve the quality of teaching materials and resources in

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schools. The Society’s aim is to reach every student in the UK so that they leave school with the basic weather and climate literacy to understand the impact of weather and climate change in their personal life, leisure activities and employment, and to engage with the climate conversation and make informed decisions about their own opportunities and responsibilities.

A key activity in 2023 was completing 120 expert reviews spanning over 100 GCSE specifications and Key Stage 3 (KS3) curriculum finding any links to climate change. Teachers were then asked to comment on the relevance of the reviews to their classroom practice. The Society also published an overview report in collaboration with major exam boards (AQA, Pearson and OCR) detailing findings with respect to their specifications.

Together with others in the National Climate Education Action Plan partnership, the Society developed a framework for assessing the quality of climate change teaching resources, which the Society is now overseeing.

Building on the groundbreaking 2022 climate literacy survey, to annually monitor school leavers level of climate literacy, the Society again asked Ipsos to carry out a 2023 survey of 16 year-olds in Wales and Scotland, and worked with the Department for Education and climate experts to develop 50 further questions which will be asked of students in England from 2024.

In 2023, the Society: reviewed the quality of climate change information in past school exam and assessment materials; launched a number of new resources on Metlink, www.metlink.org/; hosted a careers day; and continued to support the loan of weather instruments to schools. In addition, the Society is also freely providing an increasing number of Continuing Professional Development (CPD) opportunities for teachers who have come to teaching weather and climate from a non-meteorological background. Additionally, the online weather and climate course, Come Rain or Shine, continues to be permanently available.

At higher education levels, the Society awards financial support to enable students to broaden their studies of meteorological sciences. The Society provides careers information, such as our updated careers booklet rmets.org/careers-meteorology-guide. The Society’s Youth and Early Career Special Interest Group (SIG) focuses on the Society’s engagement with and provisions for youth and early careers, as well as championing their voice within RMetS activities.

The Society is recognised as both the competent authority and the regulatory body for meteorology in the UK, and offers independent recognition around training and professional development for meteorology and meteorologists. The Society’s accreditation framework offers individuals two schemes: professional registration and chartered status, as well as related CPD opportunities, such as the Met Masterclass series which delivers six webinars in 2023. The Society offers a number of CPD opportunities through the events programme, scientific journals and volunteering.

The advancement of the arts, culture, heritage or science

One of the Society’s charitable objectives is to promote the advancement and dissemination of knowledge and education in science for public benefit. The Society aims to advance professionalism in meteorology through the Chartered Meteorologist and Registered Meteorologist accreditation schemes which recognise high professional standards and competences and follow an established code of conduct. The Society sets standards for CPD, and professional conduct and performance, so that meteorologists are empowered to conduct high-quality, ethical work consistently throughout their careers. The Society works with professional bodies, government, employers and national academies, and aims to ensure the workforce across the meteorological community reflects the diversity of society.

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The Society publishes eight world-leading scientific journals, including the recently launched journal Climate Resilience and Sustainability . These are made available free to developing countries through publishing aid programmes and to the World Meteorological Organisation’s (WMO) Regional Training Centres. Half of our portfolio is fully open access providing free access on important science to readers.

The Society has a curation programme for a historical and culturally valuable archive of documentation on behalf of the UK. Most of our important artefacts are held at the National Meteorological Library and Archive in Exeter, with many articles being digitised to make them accessible to all. The Society also owns a set of cloud study drawings (c1803-1811) produced by Luke Howard, famous for naming the clouds, which are held in the archives at the Science Museum and are regularly exhibited.

The Society runs a comprehensive events programme, which is open to all with an interest in weather and climate. This includes free public meetings to encourage a focus on global, national and local issues, and also conferences to bring about the advancement in the understanding of meteorology as a science, through its applications and as an interest to all. In 2023, the Society delivered a diverse and ambitious programme of events throughout 2023, including 52 events (22 in-person; 3 hybrid; and 27 virtual). The programme variety aims to increase accessibility for delegates whilst also supporting different audience needs.

The Society hosts an annual Early Career Scientists’ and Student Conference that brings together those involved in graduate and post-graduate studies, as well as early-career scientists from the UK and internationally, to create a community of young scientists and to give them experience in active participation in scientific conferences. In 2023 the event was held as a hybrid conference at the University of Reading in July and attracted over 100 in-person delegates.

The Society offers grants and bursaries to encourage interaction between scientific groups both in the UK and internationally, to enable attendance at meetings and conferences.

The Society’s Special Interest Groups deliver events and other activities to facilitate the exchange of information and views within specific areas of meteorology. The groups are primarily a way of communicating at a specialist level and include areas such as the History of Meteorology and Physical Oceanography, Atmospheric Electricity, Climate Dynamics, and Meteorological Observing Systems.

The advancement of environmental protection or improvement

The Society is at the heart of the debate on climate change and aims to lead by example in the transition to net zero. It plays a particularly important role in communicating some of the more complicated scientific and technical issues to the public at large, enabling them to understand and engage with what is one of the most important global issues that we face today. This role is overseen by the Society's Science Engagement Committee, which aims to sustain, encourage, and progress activity in climate science and its relevance to society.

The Society’ activities during 2023 included:

sponsoring three 12-month Science Engagement Fellowships to engage with non-academic
stakeholders to build multidisciplinary partnerships, develop engagement skills and experiences, enhance their profile with stakeholders and leading academics, and grow their research impact. The Science Engagement Fellows support three Special Interest Groups on: Energy; Insurance; and Youth and Early Career. Collectively they delivered a number of events on:
‘Modelling Weather and Climate Hazards’;
‘Insurance and Climate Science: Research, Analytics and Grand Challenges’;
‘Energy, Weather and Climate Forum: Challenges and Opportunities’;

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‘Seasonal Forecast Outlook for the Energy Sector’;
‘Diverse Voices’; and
‘Early Careers: An Insight into the Life of Operational Meteorologists’.

• delivery of the Community Leaders Climate Change Training project and delivering climate change communication training to the Public Relations and Communications Association (PRCA), Oxford Diocese, the Greater London Authority, DTN, AJT and Jersey Met, as well as ongoing support to ITV on recent climate science/policy updates. A series of short films were also developed for the Sustainability Unlocked learning portal.

hosting a webinar on ‘The Role of Behavioural Change and Communication in Tackling Climate
Change’ ahead of COP28 and attending COP28 providing updates to our members and stakeholders through videos and written roundups for both MetMatters and ITV.
running the Weather Photographer of the Year Competition which received over 3,700 photos
from over 1,200 photographers around the world.
responding to over 180 media requests.

The Society’s website rmets.org has a wide range of information and content that is freely available to all with an interest in the Society and in meteorology. The Society continues to invest significantly in making its website more accessible and informative, providing a wide range of freely available educational, scientific and professional material.

PRESIDENT’S FOREWORD

Having completed my term as President in September 2022, I didn’t expect to be writing another President’s foreword. But as I am sure you know, our President Lesley Gray unfortunately had to step down so I have returned for an encore until the new President takes over in October 2024. However, I would like to thank Lesley for all she achieved in her time as President, and wish her well for the future.

I don’t want to just summarise all the Society has achieved this year as you can read that in the report so here I will just give a few personal reflections that occurred to me as I read the report.

I was particularly pleased to see the breakdown of membership which is made up of amateurs (26%), practitioners (32%), academics (32%) and students (10%). This very even spread tells me that we are achieving our aim of serving all those who share a passion for weather and climate.

This led me to reflect on my own personal journey with the Society. I joined as a student, even though I couldn’t really afford it and I had to sacrifice a few pints of beer to pay the membership. The first meeting I attended was a talk at the North West Centre, the first time I gave a presentation of my work was at a Society meeting in London and I published my first paper in the Quarterly Journal.

Over the following years, I attended more Society conferences and published more papers then, much to my surprise, I was asked to become the General Secretary of the Society. I’ll be honest I wasn’t keen as I was already incredibly busy with my full-time job. But my Met Office manager “encouraged” me to do it with those words nobody wants to hear “It will be good for your career”. But I have to say the management and other skills I learned proved invaluable so I hate to admit it, but my manager was probably right.

Over the next 25 years or so I continued to have contact with the Society until, skipping forward quite a few, OK a lot of, years I was again surprised to be asked to become President of the Society. As well as

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being interesting and fulfilling in its own right, this gave me the perfect opportunity to start paying back some of the benefit the Society has given me throughout my career.

So, why do I stay with the Society as I no longer need to publish papers or attend conferences to keep up to date with the latest science? Well, I am passionate about weather and climate, and I haven’t even mentioned what I think is probably the most important aspect of our work – education. Enthusing and educating the next generation is vital and we have a responsibility to make sure the information children receive is accurate, educational and exciting.

So, over the years I have been a student, a practitioner and an academic and now I am just an amateur enthusiast, so I have ticked off all the membership categories and the Society has been of great benefit to me throughout.

Please take the time to read the annual report for yourself and I hope your journey with the Society is as fulfilling as mine has been and continues to be.

THE YEAR JANUARY TO DECEMBER 2023

A brief review of the highlights.

The weather in the UK in 2023 was warmer and wetter than average. It was another record-breaking year with the hottest June on record, joint hottest September and the warmest year on record for Wales and Northern Ireland. Overall, for the UK, 2023 was the second warmest on record, only slightly behind the 2022 record. Climate attribution studies showed that 2023 was 150 times more likely to be this warm due to human-caused climate change. Unusually, June and September experienced the warmest periods, with July and August being cooler and wetter.

It was another busy year for the Society across all of our activities.

In 2023, the Society saw an increase in most levels of membership, including growth in our Member and Student grades, and overall increase in total membership of 0.8% (to 3,249). Membership development remains one of the strategic aims of the Society focusing on retention and new member acquisition through a series of activities. Member retention rates for 2023 were 91.2%, achieved during another difficult year, which is all credit to the hard work of the membership team. This demonstrates that members value their membership. The Society recognised the impact of the cost-of-living crisis and subscription renewals have been closely monitored with additional communications on support available to members.

The Society is extremely grateful for the continued support from an active and engaged community of volunteers , with over 500 volunteers involved on the Society’s committees or contributing in other ways. This important contribution from volunteers allows the Society to successfully achieve many of the activities highlighted in this annual report.

The Society gave 180 media interview requests fulfilled and 2,233 items of media coverage. Social media presence continued to grow with the most significant increase on LinkedIn, where followers grew by 49% to 6,615. In addition, we have 15,426 followers on X (formally known as Twitter), 7,311 on Instagram and 5,100 on Facebook. The Society Marketing and Communications delivered an Impact Report during 2023 to highlight the work of the Society and its charitable benefits.

In 2023, the Society worked with an external consultant to provide overarching coordination for the Society’s work on Equality, Diversity, and Inclusion (EDI) and to support the Society with data

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reporting. The Society’s EDI Working Group provides advice and guidance to the Society as it continues to deliver and improve its work on EDI by establishing clear actions and priorities. The Society completed its first EDI survey of its membership, which has provided a baseline understanding of the diversity of the RMetS membership and helped to inform the subsequent action plan. In 2023, the Society began communicating more clearly about its work on EDI and developed its strategic priorities for EDI, which include reviewing employment processes internally and building and supporting a diverse meteorological community.

The Society is part of Pledge to Net Zero, CAFA (Climate Action For Associations), and helped develop and signed Professional Bodies Charter for Climate Action. The Society is committed to achieving netzero direct carbon emissions (Scope 1 & 2) by 2025, where there is direct control through avoiding, reducing and substituting. It is also working towards net-zero indirect emissions (Scope 3) by 2030, subject to a full feasibility assessment. The Society has taking steps to eliminate scope 1 emissions by replacing an end-of-life gas boiler with a new electric system. The Society has already cut its scope 2 electricity emissions to net zero by switching to a 100% renewable energy tariff, switching to efficient lighting and installing solar panels on the roof to contribute to its energy demands. Scope 3 emissions for our baseline year of 2022 were collated during 2023.

The Society continues to strengthen its relationship with strategic partners from a range of organisations including academic institutions, business and industry, NGOs and government to support the delivery of its charitable objectives.

Scientific publishing is one of the Society’s strengths and aims to deliver a high-quality portfolio of journals and book programme to support scientific knowledge management and promotion of the science. Income from scientific publishing makes up a significant portion of the Society’s total income and allows the Society to deliver several other important programmes of work and charitable activities. In 2023, the Society celebrated the 150[th] anniversary of the RMetS Quarterly Journal , by hosting an event, publishing a commemorative issue of the journal and an online timeline detailing the history of the journal.

The Society has managed to deliver the vast majority of planned activities in 2023, thanks to the support and determination of the staff and volunteers. The Society continues to be in a strong financial position. However, the next few years remain challenging, with pressures on income across the meteorological community and from scientific publishing due to the move to an Open Access model; the Society will enter this period on a firm financial footing.

FINANCE

The Annual Accounts for the year ending 31 December 2023 are published separately from this Annual Report in line with the requirements of the Charity Commission. The Auditors’ report is on page 1-2 of the Accounts and certifies that in their opinion the financial statements give a true and fair view of the Society’s affairs and of its income and expenditure for the year then ended.

The Society continues to be in a good financial position and total reserves on 31 December 2023 were £2,759,069 (2022: £2,630,199).

The operating surplus of the Society in 2023 was £63,113 (2022: £32,657) which exceeded our budget for the year. Income diversification away from the Society’s main income streams of Publishing and Membership is a key element of our medium term strategy and we were able to increase the share of total income derived from other sources in 2023 to 11% (2022: 2%). Investment gains of £65,757 (2022: loss £139,678) were recognised, recovering some of the losses of 2022 as the global outlook

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improved. Inflation reduced from the high levels of 2022, and this has prompted expectations that the central banks of US, EU and UK will not need to raise interest rates any higher. Offsetting this is the turbulence in the Middle East, as well as some concerns over China’s economic performance. .

The Society’s scientific publications continue to provide the bulk of our income totalling £865,614 in 2023. (2022: £911,271), The decrease of 5% is primarily due to the one-off contract renewal bonus included in 2022 figures. On a like-for-like basis, income increased by 7%. Non-subscription publishing income from institutions has again made an important contribution and Open Access income is slowly increasing reflecting the gradual move away from traditional subscription journals. Other publishing activities such as the calendar and books contributed £7,104 (2022: £11,323). The associated expenditure on publications was £160,264 (2022: £203,762).

There was a slight increase in Membership numbers of 1%, with increased numbers of students and associate members compensating for a reduction in Fellows. This change in ‘mix’ is reflected in slightly lower membership income of £234,608 (2022: £236,835). During 2023 staff, have continued to develop plans to engage and recruit a more diverse membership by creating an improved member value proposition, have ‘re-booted’ the Student Ambassador Scheme, and have worked to increase engagement with our corporate members.

2023 has seen a return to face-to-face events, with 22 delivered in person. The staff continue to provide a diverse and ambitious programme of events and during 2023 carried out a survey to understand how we could reduce barriers and limitations that delegates face. Events income was lower than the previous year at £35,191 (2022: £46,719)

Other Income saw a substantial increase in 2023 to £151,662 (2022: £27,399) with most of the increase attributable to the sponsorship of the Weather Photographer of the Year competition by Standard Chartered Bank, the 1[st] year of a 3-year contract.

The notes in the separate Annual Accounts provide more insight into the detailed figures and the way these have been compiled.

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Royal Meteorological Soclety Audlted Accounts For the year ended 31 De¢ember 2023 INDEX Page Audltors, Report statement of Financial Activities Balance Sheet Cashflow Statement Notes to the Accounts 6-17

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Royal Meteorological Society Statement of Financial Activities for the Yeai ended 31 December 20Z3 DÈslghated Legarle5 Fund Total Funds Total Funds 2022 Genèral Income and Expenditure Note Fund Z013 Incomlng Resources OoTration5, Legacies and Gifts Membew5hSp Charifdble Activitips - Publicotions - Meerings ondEvenrs Inve5tJnent Incorne other Income- mi5ollaneous 16 18 1,228 234,608 1.228 234,608 834 236,835 872,718 35,191 33,412 150.436 872,718 35,191 50.118 ISDA36 922,594 46,719 30,296 26,565 9.10 17 16 16,706 Total Incomlw Resources 1.327,593 16.706 f 1.344,299 1.263,843 ReSOuS Expended Fundraisin8 Charitable Activities Publicotions - Meetlngs ondEvEnt5 -SÉhoolsActivities - GrantsAwJrded - SupoortedOrgonisotiOn5 LOtolCentTe5 -Awor(ts andPrlzes - CentrolSupp¢)rt Othef ¢osts- mlscellaneovs 117,179 117,179 80.361 li 160.264 123,435 60,311 160.264 123.435 100,891 3,310 35,142 32,577 13,fA19 615,846 78,933 203,762 158.841 93,687 7,271 52.604 26,125 16,795 579.372 12,362 13 14 15 19 20 21 40,580 3.310 35,142 32,577 13,609 615,848 78,933 Total Re50urce5 Expended 1,137.Z96 £ 43.890 1,181.186 1,231,186 Net Incoming Re50urfes for the Year 9LI.197 127,1841 £ 63.113 32,657 other Retognlsed Gains and Losses Gains I (Losses) on Revaluation Df Investments Giinsl IL0$5esl on Investrnentsas 45,525 11,6871 22,763 18441 68,288 12,5311 1108,6501 131,0281 Net ementS In Funds 154.135 £ 15,Z651 £ 128,870 1107,0211 Total Funds broughtforward 2.498,065 232,134 2,630.199 2,737,220 Total Funts canled forward 2,532,2TrJ £ 226.869 £ 2,759,069 2,630.19Y The notes on pages 6 to 17 form èn In¢e8ral part ofthese accounts. Page 3

Royal Meteorological Society Balance Sheet as at 31 December 2023 Note 2023 2022 Fixed Assets Tan8lble Assets Quoted Investments 583,419 1,192,323 1,775.742 592,462 1.104.283 1,696,745 Current Assets Debtors and Stock 45,921 1,271.842 1,317,763 50545 1.081.449 L131,994 Cash at Bank and in Hand Crethtors, Amounts Falllng Due Wlthin Qne Year 334.436 198.540 983,327 933/454 Nei Assets 2,759.069 2,630,199 Flnanced by.. General Fund 2,532,200 226.869 2.398,065 232.134 LeÈaeies Fund Capital Reserve5 2,759.069 2,63Q.199 The notes on pages 6 to 17 form an Integral part of these accounts. Appro¥edbythe Bourdof Tnthe$4nd$lgnedon itsbelwlf oft David Griggs Presldent Paul Hardaker rreosurer Page 4

Royal Meteorological Society Cashflow Statement for the Year ended 31 December 2023 Deslgnated Total General Le8acle5 Fund5 Fund Fund 2023 Total 2022 Note th pro¥lded by operatlnE octlvltles: Net movernent In 134.135 15.2651 128.870 1107,0211 Deprechtion of t8nglble fixed a$5ets Investment Income (Galnsl / losses on revaluation of investments (Galnsl / l¢sses on d15posal of Snvestmerfs Deueasel Ilncreasel In debtors In(¥ease I Idecrea5el In credltors 12.769 133,4121 145,5251 1,687 4.624 135,896 12.769 150.1181 168.2881 2.531 4.624 135.896 12,459 130.2961 108,650 31.028 18,041 146,9131 17 116,7061 122,7631 76.039 138,6251 37,414 92,969 Net cash f¥om operatirbg activitie5 210,174 I43,8) 166,284 114.0521 Casmlowsfrom hwestln8 actlvltle& Dwidend5 rettived Interest recelved 18,101 15,311 187.7051 72,850 13,7261 9,051 27.152 7,655 22,966 143,8531 1131.5581 36,425 109,275 13,7261 27.726 2.570 1235,1151 232,085 149.5721 Purchase of Investments Proceeds of dlsposal of Investments Purchase oftanglble flxed assets Total ¢ashflow Irom Investlng aciivltles 14,831 9,278 24.109 122.3061 Increa5el (Decrease) In c•sh £ 225.1)05 £ 134.6111 £ 190.J93 136.3581 Re¢oniili•tion of net cashflow Cash held at 31 December Cash held at l January 1.271,842 1,081.449 1.081,H9 1.117,807 Change In cash and cash eAv•1¢¢syllfii theyear £ 190,393 136.1581 Page 5

Royal Meteorological Society Notes to the Accounts for the Year ended 31 December 2023 General Informatlon The Charityls a reglstered charity in England and Wales and Is unincorporated. The address of the principal office is 104 Oxford Road, Readin& RGI 7LL. Thesè flnancial 5taternents have been prepared Sn compliance wlth FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to eharities preparing thelr accounts in accordance wlth the Financial Reporting Standard appllcable In the UK and Republlc of Ireland IFRS 1021 (Charitie5 SORP IFRS 10211 and the Charltle5 Act 2011. l. kncountlng Poll¢le$ Basls of preparatlon The financial statements have been prepared on the hlstorlcal cost ba5Is, as modified by the revaluatbon of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial Statements are prepared in 5terlln& which Is the functlonal currency of the entity. Golng COnM There are no material un¢ertalntles about the chailty's abillty to contlnue. Fund accountlng Unrestricted funds are available for use at the dis¢retion of theTrustees to further any of the Charlty's purposes. Desl8n3ted funds are unrestrlcted funds earmarked by the trustees for a particular future project or commitment. Restricted funds are subjected to restrictions on thelr expenditure declared by the donor or through the term5 of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. In¢omlft8 Te50urcgS All incoming resources are included in the statèment of financial activitie5 when entitlement has passed to the charity,. it is probable that the economic beneftts associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applled to partlcular categories of income.. income from donations or grants is recoBnised when there Is evldence of entltlement to the glft, receipt is probable and Its amount can be measured rellablv. legacy income Is rècognlsed when receipt is probable and entStlement is established. income from donated goods is measured at the falr value of the goods unless this is impractlcal to measure reliably. in whlch case the value is derived from the cost to the donor or the estirnated resale value. Donated lacilities and services are recognised In the accounts when re¢elved if the value can be rellably measured. No amounts are Included for the contrlbutlon of general volunteers. income from contracts for the supply of servlces Is recognlsed with the delivery of the contracted servlce. This is classified as unrestrlcted funds unless there Is a Contractual requirement for It to be spent on a particular purpose and returneil If unspent, In which case it may be regarded a5 restrictetl. Page 6

Royal Meteorological Society Notes to the Accounts for the Year ended 31 December 2023 ResOuS expended Expendlture 15 recognised on an accruals basis as a liability Is incurred. Expenditure include5 any VAT whl¢h cannot be fully recovered, and 15 classlfled under headlngs of the statement of financlal actlvlties to whlch St relates.. expenditure on raisin8 funds includes the costs of all fundraising a¢tlvlties, events, non<harbtable trading activities, and the sale of donated goo(Is. expenditure on charltable a¢tivitie5 include5 all costs Incurred by a charity In undertaklng activitles that further Its ¢haritable aim5 for the benefit of its beneflciaries. includlng those support costs and costs relatln8 to the governance of the charlty apportioned to charitable attivltles. other expenditure Includes all expenditure that 15 neSther related to raisln8 funds for the charlty nor part of Its expendlture on ¢haritable activities. All costs are allocated to expenditure categorles reflettlngthÈ use of the resource. Dirett costs attributable to a slngle a¢tivity are allocated dlrèctly to that activity. Shared costs are apportioned between the artivities they contrlbute to on a reasonable, justifiable and consistent basis. Tan8lble assets All ftxed assets are initially recorded at Cost. Depredatlon Depreclation is calculated so as to write off the c05t or valuatlon of an asset, le55 its residual value. over the Useful economic life of that asset as follows.. Furnlture, fixtures and fittings Office equipment IO% on cost 20%-33% on cost Investments Unlisted equity Investments are initially iecorded at cost, and subsequently measured at falr value. If fair value cannot be reliably measured, assets are measu¥ed at cost less impairment. Listed investments are measured at falr value with thanEes in fair value being re¢o8nised in income or expenditure. Finan¢ial Instruments A financial asset or a financlal Ilability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic flnanclal instruments are inltlally reco8nlseil at the amount recelvable or payable Includln8 any related tran5aCtlon costs. Current assets and current liabilitie5 are subsequently measured at the cash or other consideration expected to be paid or reolved and nof discounted. Page 7

Royal Meteorological Society Notes to the Accounts for the Year ended 31 December 2023 Where Investments in shares are publitly traded or their fair value can otherwise be measured reliably, the Investment is subsequently measured at fair value wlth changes In fair value recognised in income and expendlture. All other such investments are subsequently measured at cost less impalrment. Debtors and trade creditors that are measured at cost oi amortised cost are Teviewed for objective evidenee of impairment at the end of each reporting date. If there Is objective evidence of impairment, an impairment loss is recognlsed under the appropriate headin8 in the statement of financial actlvlties in which the initial galn was reco8nlsed. For all equlty Instruments regardless of slgnificance, and other financial assets that are indivldually significant. these are a55essed individually for impairment. Otherfinancial assets arè èlther 3$5essed individually or8rouped on the ba515 of similar credit risk characteristics. Any reversals of impairment are recognlsed immediately, to the extent that the reversal does not result in a carrylng amount of the financial asset that exceeds what the carrying amount would have been had the Impalrment hot previously been reco8hised. Penslon The Societvs contrlbutlons In respett of the staff pension arrangemgnts ale tharged to the Income and Expenditure Account for the year in which they are payable to the penslon providers. From l June 2016 the Soclety has had auto enrolment penslon arrangements in place. Page 8

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Not• T8n8lWéAets Fv••hold FwnNur• & pwptrty EpEThI Total At lJanuary2023 544.5 225,193 3,726 769,783 3,726 Dposal5 At JI Oe¢emtser202J Zll,919 £ 774S09 D•pr•clatto At ljanuary 2023 Ch8r8efDr Year Qn 015posals 177,321 Il769 177,321 12.769 Atjl Dember202j 190mO £ 191090 Ngt DookV•lye At 31 De¢1ThrIDI3 54459) 34Bzg £ 583.419 Al 31 D•¢emb•r2022 4.$ £ 4?M?2 £ 59U62 Quotgd In¥•sknw•ts 2023 20 Market Value at ljanuary Addifions DIspD5è1s 1,104.283 131,558 (IlL1 1,240.931 235,115 1263.1141 31 Decqmber I,,085 £ 4ts4931 Revaluatbn ro Marketvalue 68.288 1108.6491 et V•lu• •t31 De¢ember L192.323 £ 1.104.Ug HlJtortcJl Cost 1,05J,8ZJ £ LtyJ5,747 The Soclety's Investments are m•ThaBed by R•thbonE Investment maageMeTht LlmltLYJ. The value of the portfollo, anaWIJ by the InvestTrt hddings. Isasfollow5.' 2013 20 Governmenrstock and ts1pate Bonds 336.921 291.397 564,005 270.307 O,D48 533,92B Overse8$ EqurtlEslOther Investments 1.192.323 £ 1.104283 Pa9

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note 2023 2022 Debtors and Stock Debtors 15,485 11,385 19.051 26 Payments In Advaffice GiftAid Recoverable 35,468 15.051 Total Debtors 45.921 £ 50.545 Balances at Bank and Cash in Hand Lloyds Bank Pl¢- Current Account tloyds Bank Pk- Deposit Account Investment Managers Cash AccOnt Cash 200,272 1,031,351 40.132 87 19,072 1,018,660 43.627 90 1,271.842 £ 1.081,449 Credltors.. Amoum Falling LX4e WithSn Cme Year Creditor5 and Accrued Charges Amounts Received in Advance Value Added Tax Payable PAYE and National Insuran 81.336 208,580 27.716 16,804 133,887 48,493 1.936 14,224 334,436 £ 198,540 Analysls Net Assets between Funds Deslgnated unleIlded Desl8nated Unrestricted General General 2025 2023 2021 2022 Fund Bolantrs are represented by.. Quoted Investments OtheT Net Assets 397,441 -170,572 226,869 £ 794.882 1,737,318 2,532,200 É 368,094 736,189 -135,%0 1,661,876 232.134 £ 2,398,065 Page10

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note 2023 1022 Publlcatlons ett- Income IGen*ral Fund) Net receipts from 5cientlf4c publlcations Calendar Other Publlcations 865,614 3.901 3,203 91L271 3,330 7.993 Publl¢atlons Income Total 872.718 £ 922,594 Desl8nated L•8•¢5 Fund General Fund 2023 Total 1022 Total Meetln8s and Events Income Training Events Natlonal Meetings SIG meetings 14,270 14,270 6,566 i( 14,374 £ 104 14.374 £ 6.566 10. ConteYen¢e Income Delegate Receipts and SponsorshSp 20,817 20,817 40.153 20,817 £ 2017 £ 40,153 Total Meetln8s Incorne (Notes 9 & 101 35,191 £ 35,191 46,719 Page11

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note 11. Publkadom Exp•ndlture IGenero1 Fundl 2023 2022 QuarterlyJoum•l Sub5cription5 and Othercosts Staff Costs Premlses and Admin Overheads 1,381 7,361 1,364 1.601 2.826 734 10,106 5,161 Weather Subscriptions and Other Costs Staff Costs Premises and Admln {erhead$ 63,668 9,223 1,709 73.246 12, 3.409 74,600 89,645 InternatKJnal Journal of Cllmatolo8y Subsulptlons and Other Costs Staff Costs 167 4.203 779 8.392 2.2 Premlse5 and Admln Overheads 4,982 10.759 meteorolo8ital Applications Subsctlptlons and Other Costs Staff Costs Premises and Admln Cfverheads 4.008 743 4,367 1.149 4,7SI 5,516 Atrnospherlc Sclence Letters Subscriptions and Other Costs Staff Costs Premlses and Admln Overheads 4.008 743 11.184 2,933 4,751 14,117 C#lendar Productlon Costs Stalf Costs 1,992 2,649 491 1.932 5,465 1,446 Premlses and Admin Overhead5 5,132 8,843 Other Publlcatlons Ilncl dlgltall Productlon Costs Staff Costs Premlses and Admln Overheads 6,992 41,297 7.653 1,310 54,163 14,248 55,942 69,721 Publkotlons Expendltura Total £ 160.264 £ 203,762 Page 12

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note De51in8ted legacle5 Fund Gtnernl Fut)d 2022 12. Meelln8s and Events Exp•ndlture T4xal Totsl Wa0•1 Meettnp Dlrect Costs 14,617 21,178 3.924 14,617 21,178 3,924 7,442 20,908 5,4 5tèff Costs Prernlses and Admln Ov¢theads 39.719 É 39,719 £ 33,840 Other Meetlnss and Tr•lnln8 Events rert Costs Staff Costs 2.707 22,650 2.707 Z2,650 4.197 1,858 32,291 8,481 Premlses athd Admln Ovethead5 4,197 Z9.554 £ 2954 £ 42,630 ConfetertÈs Premises HSre, Travel arbd Caterln8 Staff Costs Premises and Admln (herheads 14.405 33.360 6,181 14,405 33,3f7 6,181 410,359 33.122 8,7) S346 £ 53,946 £ 82.181 Specl•llM Groups amd Mlstdlaneous DSrect Costs 216 216 216 É 216 £ 190 T•¢1 Meetln85 Expendlture 123,43S É 123,435 £ Is841 khools Actlvltles Expendhure txrett Costs stsff Costs Premtses and Admln lknrheads 40.560 40,580 50,883 9,428 32,680 48,304 12,703 50,883 9A28 6Q,311 £ 40,580 £ 100,891 £ 93,687 14. Gt•nts Meetings and Conlerence Grants Staff Costs 3310 3,310 5,950 1.049 278 Premises and Admin cfverheads 3.310 £ 3,310 £ 7,177 Page 13

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note Desl8nated Legacl•s Fund General 2023 Total Z022 Fund Total 15. Supported Orgzn55atlrffi5 EMS Membership and Meetlngs Sclence Council Member5hlp and Meetin8S Other Organisatlons Staff Costs 7.565 1.711 4,800 17,772 3.294 7,565 1,711 4.8 17.772 3,294 6,441 1,706 9.579 27,606 7.272 pmIseS and Admln Overheads 35,142 £ 35.141 £ 16. Mlscellaneous Incom• Grants, special funding Donatiorss and legacles Reproductlon Fees, Advertlslng Royaltles and other 136.543 1,228 13,893 136,543 1.228 13,893 18.416 834 8,149 151.664 £ £ 151W £ 27,399 17. In¥e5lrnent Income Inte$t on Deposits Income from Shares and Securlties 15.311 18,101 7,6SS 9,051 22,966 27,152 2,570 27,726 33,412 £ 16,706 £ 50.118 £ 30,296 Men**ershlp Incorne Members 210,390 17,018 7.2(K) 210,390 17,018 7,200 213,110 16,574 7.151 GfftASd Accieditstion Fees 234,608 £ E 234,608 £ 236835 Page 14

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note Des18nat•d Leiade5 Genernl 2013 Total 1012 Fund Total 19. Lotal c•n¢r•5SubVarIoThs North East Centre North West Centre Scottish Centre East Mldlands Centre S(puth West Centre South east Certre Yorkshlre Centre West Midlènds Stèff Costs 60 1,025 1.025 550 26.232 4,8 26,232 4,860 20,244 5,331 Premlses and Admln Ovetheads 32,577 £ 26.125 10. Awards CommlltO+ E¥pendltwe Buchon Prlze rian GS11 Prfze L F Rlchardson Prfze 600 600 Fftzroy Pr&e Gordon Manley Weather PAze Michèel Hunt Award aimate kience Communk*ion5 Award Va1531J Award Malcolm WalkerAward novatlon Award TVe1 600 325 250 Medals awarded Staff Costs Prernises and Admln fvetheèd5 92 IL482 2.127 11,482 2,127 10,875 2,853 ,609 £ 13.609 £ 16,795 Page 15

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Note Deslin•ted Le8•¢e5 Fund Gen¢ral Fund 2021 2022 Total 21. Minagement and Admlnlstratlon Expenses Governance.. Audit Fee 10,5C(I 10.5 3,980 893 Council (Venues, Post, PhDto¢opie5 etc.) 8ank and BACS Charles Membershlp (Post. Photocople5 etc.) Travel- Other Comrnittees Travel- Other Meetln8S Member$hip Adwerttsln8 / Promotional c05t5 Professlonal charges Sundries 8.797 8,797 6.526 1,084 1.157 7,856 4,780 28.363 2,791 401,007 36.540 84,395 579,372 601 601 5,88Q 4,443 24.028 1.919 461,775 30,928 66,975 615,B46 £ 5.880 4.443 24,028 1,919 461,775 30,928 66,975 615,846 £ stsff Costs INote 221 E5tsbllshrnent Expendhlure (Note 231 Adrninistration Support INote 241 12. 5t•ff AdrnSn15tratlon Salarles 624,711 60,246 57,606 742,563 42,125 784,688 É 624,711 60,246 57,606 742.563 42,125 784,688 £ 620,208 61,961 61,153 743.322 10.447 753.769 Natlonal Insurance Pensi£ S¢heme Other stoff related costs Apportioned to Fundraising Apportloned toActlvltle5 Administration Support 66,609 256,304 461,775 784,688 £ 66,609 256,304 461,775 784,688 £ 58.976 293,786 401,007 753,769 The average number of employees durlng the year w4$ 1612022.. 171, and the avera8e number of full tlme equlvalent ernplcyees wa5 1312022.. 141. Salary of hlBhest pald employee £87,26212022.. £84.9061 The Society is fortunate and 8rateful io recefv* the 5UPPOrt ol a13rge numberolvolunteers who c¢trIbute enormousty acros5 all artSvStSes of the Charrty. Th15 year 8uest speakers are In¢luded In ovr volunteertotals, In 2023 there were 574 actfve vdunteer5 12022.. 6411. Page 16

Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2023 Not• 6werol 25 2022 Fuhrt FuThd Toi•l Totsl tibltshMnt RsinthdlneWater Rate Ck4nln8andG•rdtning 3.204 14,108 9&37 L762 3551 12,769 3,204 14.lr 937 L762 3.S51 12,769 2.988 15,361 8.646 L625 L+8htin8 18,797 114S9 Depretln of Furnlture and Equment Losson D15posoI olll%ed 45.951 £ 45,931 £ $9.876 IwptrUthedtoACdttes AdrnlntraUon L5.W3 30.928 45,931 £ ' IntludesTrustee lndÉrnrtiySurlth kspartof the iDte8rated comblntd tower. J5,C03 30.928 45.931 £ 23,336 36.S40 SupportCo Computer5oftwarÈ,Trainingetr. Println8and Phutocopyl ststiontry and Offlce Supplies P¢#e4Dd Pack& Tdephoneand ¢0mmscaOr 77,235 77.235 122.407 11.0511 1,970 Z.687 12.283 I76 S.607 13.197 99.462 £ 1,5?6 S.607 purtyonedt0AcdveS Admlnlstratir 52.487 66.975 99.462 É 32A87 66,975 99,461 £ 5a.891 84,395 138.286 IS IU¥rary No amDunts have bEen IndudÈd1n the 4icvunts for the v4ue of the UbraryJ Luke Howard palntln& Itty$ on losn t• S¢ien(e Muse brary BÈn Instruments On loan to Rry31 Mvseum Jnd obseivatloThèl records On loan to the Met omce. The ttems have ar(utnuLated bv the Sorietyfrom donaUon& SEteIlOM actmties wlth which the5oclety has been Irbv0Kdd so no SI1¥fit f05rvf acquIsIon ho$ been Incuired bytheSodety- . Stot StoÉk hbeen Includedln Debttysfor producis ¥¥Nch theSociEtyhJs knvested. WoVnthaS bÈenlnduded In theAccountsi•rStockof other Publkal(Yk41nd lrts¢ruments hew nthenet TealabIeValtse Is AypertFord MeMfrf•lFwd DurSng VEar thEre were no add0Th31 donlon5. ThE fuDd ¥$ establL%hed duMng2Q02 to the memory of the kte Rupert Fud to fffiance awards, Ourlnl 2023 one #ward was made to thi of £1,5W 12022.. Thll. The èssets tsf the fund at 31 Decernber 2023 sto1 at £36.90712021.. f38,5871. The fund Is •JM1nktÈr by officer50f theS0Cty kew aultOmOUSfrorn theSodety'$ fth¢s ¥hd In5epare ik xcowt> In COnSultioD wlth the Society54udttcrfsltwas¢on$iderÈdapproprlètethatthls fund shouldnotbeincluded Inthe Society's BalènttShEet. Rel•ted Pard•s Therewas no¢ort$ulianrywork catt1ed Othin 2023bY any rdated part¥.12022-ÉIOOk OuTinitheyeai a total rmr$ement of £818w•s m4detQf•ieTrusteefor Expen5u 12022-E3,7WI. Pagè17