## **The 174[th] Annual Report of the** ## **Royal Meteorological Society for the period** ## **1 January – 31 December 2024** ## **CONTENTS** CONTENTS ....................................................................................................................... 1 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 2024 .................................................................... 5 FINANCE ........................................................................................................................... 7 ## **Annexes in a separate document** - Annex A - The UK Weather of 2024 - 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 Page 1 of 7 ## **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 2024, the Society attended a series of Aviation Safety Information Exchange meetings with GASCo for private pilots and co-hosted a ‘ _Weather and Sailing’_ event with the Royal Institute of Navigation at the Royal Yacht Squadron in Cowes on the Isle of Wight. 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) 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 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 2024 was a focus on policy engagement, at a time when the curriculum was being reviewed in all Nations of the UK, and with the widespread acknowledgement that the quality and breadth of climate education within the curriculum needs to be significantly improved. The Society: Page 2 of 7 ## published an evidence-based position statement; - led the National Climate Education Action Plan’s (NCEAP) synthesis of existing studies exploring the potential place of climate and sustainability education in the English curriculum; - contributed thought pieces about the role of the potential new Natural History GCSE to deliver climate education and the potential for improving the climate education delivered in design education specifications; worked with the examination boards to improve the quality and quantity of weather and climate education in UK schools; - analysed past exam questions (GCSE and A level Science and Geography) from the 5 English exam boards and exploring how misconceptions have occurred in the questions and mark schemes, how to avoid these misconceptions propagating into teaching, and how to avoid such issues in future assessments; - expanded our previous work looking for places in current curricula for teachers to demonstrate to their students the relevance of what they are already learning to their climate literacy, through analysis of selected Cambridge International IGCSE specifications and the Cambridge Early Years – 14 curricula. The Society remains best positioned to be one of the UK’s leading authorities on climate literacy – answering the “what, how and when” questions to deliver climate education. Building on the groundbreaking survey launched in 2022 to annually monitor school leavers level of climate literacy, the Society again asked Ipsos to carry out a 2024 survey of school leavers, funded by the Department for Education (DfE) which allowed the number of questions to be expanded from 5 to 55 and the number of young people questioned to be increased. At higher education levels, the Society awards financial support to enable students to broaden their studies of meteorological sciences, through its legacy funds. The Society provides careers information, such as our updated careers booklet Careers In Meteorology. 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 continuing professional development (CPD) for meteorology and meteorologists. The Society’s accreditation framework offers individuals two schemes: professional registration and chartered status (RMet and CMet), as well as related CPD opportunities, such as the Met Masterclass series which delivered six webinars in 2024. Additionally, 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 competencies 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. The Society publishes eight world-leading scientific journals, which are made available free to our members and 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 information on important science to readers. The Society has a curation programme for an 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. In 2024, the Page 3 of 7 Society loaned the Luke Howard drawing collection to the Huntington Museum in the USA as part of an exhibition on Storm Clouds. 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 2024, the Society delivered a diverse and ambitious programme of 53 events throughout the year (19 in-person; 9 hybrid; and 25 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 2024 the event was held at the UK Met Office in Exeter on 1-3 July and attracted 125 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 2024 included: - sponsoring 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 Special Interest Groups on: Energy; Insurance; and Youth and Early Career. Collectively they delivered a number of events including: - ‘ - `o` _Navigating Climate Challenges in Insurance_ ’; - ‘ - `o` _Collaborating for Impact: Bridging the gap between climate science and insurance industry practice_ ’; - ‘ - `o` _Weather and Climate Hazards: Emerging and Compound Risks_ ’; - ‘ - `o` _Rethinking Extreme Weather for Energy Systems of the Future_ ’ workshop; - ‘ - `o` _Seasonal Forecast Outlook for the Energy Sector_ ’; - ‘ _RMetS Accreditation – is it for me?_ ’ - `o` ‘ _Is a PhD for me?_ ’ and `o` ‘ _Diverse Voices_ ’ - delivering climate change communication training to the Public Relations and Communications Association (PRCA), National Museum Wales and the British Red Cross, as well as ongoing support to ITV on recent climate science/policy updates. - running the Standard Chartered Weather Photographer of the Year which received over 4,500 entries from 83 countries around the world. - responding to 175 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 Page 4 of 7 its website more accessible and informative, providing a wide range of freely available educational, scientific and professional material. ## **PRESIDENT’S FOREWORD** Having taken up the reins as president last October, I am delighted to contribute a foreword to this annual report for 2024. I have been a student member since 1972 and was elected a fellow two years later, so the RMetS has been part of my life for a very long time. The past year has been a dramatic one for everyone involved in weather and climate. It was the first year to pass 1.5[o] C above the pre-industrial global mean temperature. Although hopefully not yet a permanent exceedance, it is a marker in the shift towards a more dangerous climate, which was reflected in the large number of weather-related disasters, including two deadly hurricanes in the USA, increasingly destructive wildfires, and devastating floods in several parts of the world, including the terrible flash flood in Valencia, Spain. It was also a year of innovation in the weather business. The first satellite of the Meteosat 3[rd] Generation became operational and is delivering some spectacular imagery. In forecasting, the year saw rapidly improving performance of Machine Learning emulators, particularly for medium range forecasts. Following the implementation of the Emergency Alert System in the UK, the first weather-related alerts were broadcast, bringing in a new chapter in warning communication. It has been a vibrant year for the Society. RMetS journals published over 700 contributions to our knowledge of weather, climate and their impacts. The Society ran 57 events during the year which attracted a huge number of enthusiasts, academics and professionals. I particularly enjoyed the new style RMetS Weather and Climate conference in July – both to hear the science presentations and to meet with new and old colleagues. I’m already looking forward to this year’s conference in Manchester. And, of course, the Weather Photographer of the Year competition was hugely successful in promoting the Society’s influence across the world and to a greater cross-section of society. Behind the scenes some really important work has been going on in the Society. It was great to hear of the excellent progress towards Net Zero. This is important in an organisation that represents the science of climate change but also provides a valuable model for other organisations that want to become net zero but are finding it difficult to make progress. The educational work of the Society is crucial for the future, both to raise the level of climate literacy and to attract scientists to the profession. The importance of this educational work was underlined by the recently published results from last year’s survey. MetLink provides important resources for the education in schools, while MetMatters reaches a wide general readership, and professional support is offered through the ACCSYS tool and accreditation. To finish, I would like to acknowledge with gratitude the work of the headquarters team who keep all of this going, and the dedication of the many volunteers who give their time, effort and expertise to furthering the work of the Society. Professor Brian Golding April 2025 ## **THE YEAR JANUARY TO DECEMBER 2024** A brief review of the highlights. It was a warmer, wetter, duller year in 2024 in the UK. Spring was the warmest on record with a recordhigh average temperature for May, and February was the second warmest on record. In contrast it was a cooler than average summer. There was some regional variation for rainfall with a slightly drier year than average for Northern Ireland and parts of Scotland, and the wettest areas in central and southern England. Oxfordshire, Wiltshire, Gloucestershire, Bedfordshire and Buckinghamshire saw their secondwettest year on record, driven by large rainfall totals in February and September. Two red warnings for wind were issued by the Met Office in 2024, during storm Isha in January, which affected north-east Scotland, and storm Darragh in December, which affected west Wales. It was another busy year for the Society across all of our activities. Page 5 of 7 In 2024, the Society saw an increase in **membership** of 3% (to 3,338). Membership development remains one of the strategic aims of the Society by focusing on retention and new member acquisition through a series of activities. Member retention rates for 2024 were 91%, 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 is extremely grateful for the continued support from an active and engaged community of **volunteers** , with around 600 volunteers involved on the Society’s committees or contributing in other ways. This important input from volunteers allows the Society to successfully achieve many of the activities highlighted in this annual report. In 2024, ACCSYS, the online Accreditation and CPD management system, was redesigned and redeveloped. Several enhancements and updates were made, including the full integration of the system into the main rmets.org site and improvements to existing functionality. ACCSYS is accessible to all members, even those not applying for accreditation. During 2024 we celebrated the 30[th] anniversary of the Chartered Meteorologist (CMet), and 10th anniversary of the Registered Meteorologist (RMet) accreditation schemes. There has been a continued focus for science engagement activities in 2024 on further enhancing the Society’s engagement with the insurance and energy sectors, including publishing the first ‘State of the Climate for the UK Energy Sector Report’. We also recruited for two new roles to support our charitable activities under science engagement and education, increasing our capacity to deliver informal and formal education activities. The inaugural RMetS Annual Weather and Climate Conference took place at the University of Reading in July 2024 and included medal-winning RMetS Award recipients, poster sessions, and networking. Each oral session featured a presentation from an early career or student researcher, with one keynote address delivered by an early career presenter. The Society experienced a strong **media** interest, with 175 media interview requests fulfilled during 2024 leading to 3,692 pieces of media coverage, an increase of 65% on 2023. The website saw 1.2 million unique visitors in 2024, a 20% increase on 2023 and the highest volume of annual visitors in its history. As one of the more stable social media platforms, LinkedIn was the primary focus in 2024 and followers grew by 34%. The Society’s **Marketing and Communications** team delivered an Impact Report during 2024 to highlight the work of the Society and its charitable benefits. In 2024, 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 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 has worked to improve its communication about EDI by completing a website accessibility study. In response to requests from members, the Society established a new “ **Early Careers of Colour** ” network to provide peer support to early career members of the meteorology community from minority ethnic backgrounds, and launched a new events series, “ **Diverse Voices** ”, to celebrate the diversity of people working in and around the field of weather and climate. The Society has implemented a new events checklist and guidelines to ensure that its events are as representative as possible and welcoming to all. The Society also reviewed and updated its recruitment processes to help ensure it attracts a diverse range of people to work for the organisation. The Society is part of Pledge to Net Zero, CAFA (Climate Action For Associations), and helped develop and signed, the Professional Bodies Charter for Climate Action. The Society is committed to **achieving net-zero 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 taken steps to eliminate scope 1 emissions by replacing an end-of-life gas boiler with a new electric system and has 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. The focus during 2024 was on work to identify activities that dominate our Scope 3 emissions and to develop a transition plan to reduce them. Page 6 of 7 The Society **business development** activities continue 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. Highlights from 2024 include the ongoing partnership with Standard Chartered and funding secured from the Garfield Weston Foundation to support our climate education activities. **Scientific publishing** is one of the Society’s core strengths, and it is committed to delivering a highquality portfolio of journals and books to support the management of scientific knowledge and the promotion of science. The Society has managed to deliver the majority of planned activities in 2024, thanks to the support and determination of the staff and volunteers, and 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, but the Society will enter this period on a firm financial footing. ## **FINANCE** The Annual Accounts for the year ending 31 December 2024 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 2024 were £2,689,869 (2023: £2,759,069). The Society’s Reserves Policy can be found in Annex G to this report. The operating deficit of the Society in 2024 was £120,295 (2023: surplus of £63,113) which was consistent with our expectations for the year. Investment gains of £51,095 (2023: gain £65,757) were recognised, resulting in an overall deficit for the year of £69,200 (2023: surplus of £128,870). The Society’s scientific publications made up 61% of our income providing £864,056 in 2024. (2023: £865,614). 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 £5,931 (2023: £7,104). The associated expenditure on publications was £197,215 (2023: £160,264). There was an increase in Membership numbers of 3%, from 3,249 to 3,338 with increased numbers of students and associate members more than compensating for the slight reduction in Fellows. Membership income, boosted by Gift Aid recovery and accreditation fees, increased by 4% to £243,674 (2023: £234,608). During 2024 staff have continued to develop plans to engage and recruit a more diverse membership by creating an improved member value proposition, further developed the Student Ambassador Scheme, and have worked to increase engagement with our corporate members. 2024 saw the Events team deliver 53 events, attracting 3,001 delegates (2023: 2,354). 2024 saw the inaugural RMetS Annual Weather and Climate Conference take place in July. This event helped to boost Event income to £81,520 (2023: £35,191) Other Income increased in 2024 to £174,206 (2023: £151,664) with most of the increase in year attributable to a £20,000 grant from the Garfield Weston Foundation. 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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Mattws on which we arn required to reportby ex¢eption tAve n(thw￿t0 report in resw#oftrek4knwro rnatters ch￿thes P£tyurtsa￿ Fieportsl Reg￿kn2￿￿ rwuvE Usto rwrttr>you rf. ￿ ouropinh)n'. the gNen in thefinar*iaIstatw￿nts in any matwd reprt or thecknarty has n(# kepta@U8te ￿￿OUnting wrd5". or thefin8nc4alstat*r*nts aTe notin agre&rEntvAth aox)unting recordsand relu￿ we have not allthe inforn￿t￿￿ aThJ explanatronswe r£qi￿refor0ufaud Respon#ibilibes of ts￿lees A5eW8ined morefvltyin thetrustees, respowbilthesstatWTEntsetrNlon pèje W9ofthetrustees annual ￿p(￿L thetrusteesareTesponsib￿forlhe kryaratDn ofthefnarKial ststwtErtsand fer ￿ng satisfrd th*tIEygNe atrLE arKlfarvw, athYfor5uc* inteMalthntrDla5theth￿teesd8tern￿ i% r*C*ssaryt0￿ab￿th8 preparatiN offinan(ial 51atenEntsthataTefreefr(m ￿￿e￿I rrisst• %*ttrErdLEtofraud orerfor. In kyepartyvjtr￿tsn￿l statemwts, trÈtru5tees a￿ r&po￿￿f0r85se$Sry the o*ptWsaknltytoo)ntinueos agtyry concem, cfjsthng. a5 [5 r￿31￿ lo gorg contsm and ￿ngtre going ￿r￿*M bastsofattsunbng unlessthetrus* edJErirrtendto *Ju*Jate￿ ¢*arity orto cease orerknro, haveno reatsbc8ttem2ti¥e butto do w. AudÈtor resportsibilities forts auditofthe financtal statements have been apwrfted a53udthr uThJwsec*on 145 oflfve ChariWAd2011 and reportin aC￿rda￿VAt￿ reY￿ati0￿6￿￿e un¢ersec*on 1&fj ofth*A or. arK11o ssuean auditoPs rwrtthatindudes0ur0wn￿n. Re￿￿￿ab￿ assurano i5 8 hvJh kvel ofasSur&n￿ nota guaranteetratan audl wr￿ude in aoxrdanTrwith ISAS IUK)wlIa￿aYs(th%¥ rroterial m&￿tateM*￿when it exBts. mtsstatemen1scanat￿efrl¥nfral￿ oremrand aE tsxsthred materrdl rf, lrKINKlual￿ or a￿￿ate. rea￿n￿)￿ ￿￿expe(*d to rf*Xn￿the ￿nc￿Ld￿￿r6 DfLEe￿taken ontr* I)￿ofthe￿f￿anc￿ slat011￿. IwuLarrtw Try￿1￿ fraud, awin*aThxs Ofn0r￿7pt￿￿*%Mth kn3nd regukt¥)￿ Wedesvjn pTh)tyJures in li￿￿th our wn51ti5￿es, thve, to detecl m2terial mthknnts In rw ofirwukr￿eS. IndUd￿9fraUd. Theextenttowhth ourwrxxlu￿5 arel3pa￿0fd¢￿"￿ ryular￿85. In￿L￿Ing fta LS belw. Becawdthe inherentlinwatitins c*an autht th8re ￿ a rththatwewll ncidet8daU irlrfuLgT￿S5, ind￿*￿91￿e kadiThJ toa m*nal nth fnanual statem￿lts or nonf Ireland IFRS 1021 (Charities SORP IF￿ 10211 and the Ctharr(ie5 Art 2011. L A¢rDuntTng Policies Basi5 of preparation The financial statements have been prepared on the historiral c05t basi5, as modffied by the waluation of ertain finan¢al assets and Ikibilities and investment properties measured at fair value through income tsr evenditu￿. The finanoal ststements are prepared in sterlin& which ts thefuncbonal ojrrency of the entity. Goin£ ¢J)n￿rn There are no material uncertainttes about the charity's abifrty to rontinue. Fund a¢¢ounting Unrestricted fvnts are availableforuse at the distretion of theTruste4stofurtherznyof the CharsV5 purpos* Designated funds are unrestrirted fiJnds earmarked by the trustees for a particular futu￿ project or comm¥tment. Restticted funds are subl￿ed to restrictyons on their expendsture dedared by the donor orthrough the terms f an appeal, and kll tnto one of twg sulTrdassLE- re5trirted income funds or end¢)wment funds. Incoming resour￿$ All incoming resourtes are induded in the 5tstement of finanaal actwities when entidement hag pa$5ed to the tharity- it is probable that the economic beftefrts assooated with the transattion will f£owto the charity and the amount can be reliably measure¢L The followingspetific poltues are applied to particular categorie5 Otlncome= income from donations or grants ￿ re¢oEnised when there is evÈden£e of erttl￿ement to the gilt receipt 15 probable and Its amount can be rnea5ured refiab]y. legacy Income &5 recognised when recèipt is probable and entitiement is *bli5hed. income from donated gotsds is measured at the fair value of the goods unless this is impractic31 to rneasure reli3bly, in which case the ￿l￿e ts derived from the ￿5[ to the donor or the estimated resalev8lu& Donated hulitiesand seryiw 8rerec0gn￿e￿ in theaccountswhen reolved rfthevalue can be reliably rne3sured. No amounts are induded forthe contributiort of general volunteer income frgm contracts for the supply of services s reCOgn￿ed with the dÈlwery of the contracted servi￿. This is dassifted as unrestricted funds unless there is a tontractU31 requ1￿ment for (¢ to be 5penton a particularpurposeand returned rfunspent inwhith case it may be regarded asrestricted. Page 6 Royal Meteorological Society Notes to the Accounts for the Year ended 31 De￿rnber 2024 Resources expended Expenditure is recogni4ed on an ac(rnè15 basis as a liabilty is incurred. Expenditure indudes any VAT which cannot be fulty recovered. and s classified under headings of the statement Df finanaal actyvitye5 to which It expenditure on raising fvnds ineludes the costs of all fvndrassing aCtIv￿e$. events. noTrtharitable trading actiwties, and the sale of donatsd goods. expènditure on th3ritable actiwtie5 includes all ¢¢sts incurred by a charity in undertaking actiwth that further its charttrable aims forthe benefft of tts beneficiarie5. indydingthose support cosrs and Costs relating to the governan￿ of the tharity appor￿oned to tharitable actNtbes. other e¥pendr(ure indudes all expenditurethat i8 nesther rÈlatedto raising fijrjdsforthe charity nor part of tts expenditure on tharif4ble adivities. I wsts are allttated to expenditure categories refiettiTrgthe use of the resource. DirertCOSL% attributsble to a single actNity are allocated directly to that activsty. Shared costs are apportiijned bthleen the activities they contribute to on a reasonable. justifiable aAd consistent basi Tanwble assets Ail fixe£l assets are initially recorded at cost. Deprec4ation is ca5culated so a5 to write off the cost or Wdluation of an asseL less its resÈdual value. over the usefvl economic lrfè of that asset as follows: Fumtture, fixtures and frttings OFFI￿ equlpmertt IO% on cost 20%-33% on cost 1mle￿Me1 Unlisted equity investments are initsalty recorded at ￿t, and subsequently measured at fairvalue. If fair￿Ue cannot be rèliabty measured. assets are measured at cost l£%s irnpaimient. L55ted investments are measured at fair value with changeg in fa¢r value being recognised in intorne or expendityre. Finanoal instruments A finanoal asset or a finarttral liabil￿ TS reco8ntsed onty when the charity becomes a ￿rtY to the contt3Ctual prowsions of the instrurnÈnt Basie finanaal ittstruments are initially recogni5ed at the arnount receivable or payable induding any related trar)5artion costs. Current assets and tUr￿ftt liabilities are subsequently measurgj at the cash or other consideration ewed tg be paid or received and not discounted. Page 7 Royal Meteorological Society Notes to the Accounts for the Year ended 31 De￿rnber 2024 Where investments in shares are publidy traded or their fair value tan otheswise be measured reliably. the investment is subsequenJy measured at fair valuè with chang&% in frdif Ydlue reeogni5ed in income and expenditure. All othersuth irwestmènts aresubsequendy measured at e05t less impaimenL Debtors and trade creditors that are Measu￿ at tost or amortised cost are reviewed for objeciive evtdence gf impaimient at the end of each reporting date. IF there is objective evideno of impaimJenL an impairment1trs5 Is recognised underthe appropriate heading in the statement of financial activitses in which the initial gain was recognised. For all equity instruments reg3rdless of signifi0n￿, and otherfinanaal assets that are Individualty signfficant theseareassessed individuallyfor impaimienL Otherfinanoal assets are either355essed individually orgrouped on the basis of similar credit risk charaLteristi¢s. Any reversals of impairment are recognised immediately, to the extent that the reversal does ftot result in a carrying am¢unt of the financial asset that èxceeds what the carrying amount would have been had the impairment not previously been re¢o8nised. Pension The 5oaeVs contr¥bution5 in respect of the staff pension arrangements are ch3rged to the Income and Expenditure Account for the year in whith they are payable to the pension providers. Frern lJune 2016 the Society h35 had auto enrolmertt pension arrangements in pla￿. Page 8 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 De¢ember 2024 Note Ewipmerrt T•i•l At lJ¥uary2024 dthons 228J IIL4451 IIL4451 At31 Detember2024 $44590 £ 223,162 £ 767.752 AtlJanuBry2U24 Ch3r8eforYear OTh Qisp05014 tll,4451 IIL4451 At31 December2024 tsU56 £ NetBoDkValu¢ S44￿90 £ 3&O06 £ $7S At31 D¥¢mbeT2021 marketVal￿•t iJanuary Addttlons D￿posa 1,192314 499￿56 1437ffj421 1.104283 s8 At31 December £ Wa.737 £ ￿￿4￿35 Revaluattonto Marketvalue Historical eost The SgoeV5 Investrn￿ are mènaBed * R*hbone Invesment man3sem￿t￿MttEd.Tht*B]ue ofth¢ portfor￿.3rnèIysed bythe InvÈ%tr￿Tht I￿lding5, ￿aSt¢l￿ Govornmentstock and C4rporaze Bon¢$ UK EquitiÈS Cwseas Equitiesiothtr Irwe5tments 2CrfJ214 889.238 336 69J.173 Page 9 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December Z024 Note 20Z4 Debtots and Sto¢k Debtors 10.954 8.los 21.453 1.435 Payments in Advance Glft Aid Recoverable Value Add￿ Tax Receiydble 11385 19.051 Total Debtots 41948 £ 453 Balanc¥ at Bank and Cash itt H¥nd Uoyds èank PIC- Current Account Uoyds 83nk PIC- Dèposit Attount Investment Manager5 C8sh Account Cash 19.652 L037510 19.407 140 200272 L031351 40J32 87 1.076.709 £ U71A42 Cre&rt•r5: Amount Falling Duewrthin One Year Credr(ors and Accwed Charges Arnounts R*￿T¥ed i• Advance Value Added Tax Payable PAYE and National Insurance 160,654 87,214 81336 208X) 27.716 16.804 36.141 284mg £ 334436 Anafysis ot NetAssets between Funds De5iBnated General UnTe51rieted 2024 2024 2023 2tr23 Fund 8alances are represented by: Quoted Investments Other Nei A55ets 426542 853.083 -211585 1.621829 214￿57 £ 2A74.912 £ 397,441 794.882 -170572 1.737,318 226WJ £ ¥32.200 Page10 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note 2024 2023 Publiotigns et¢- Income (General Fund) Net receipts from saentthc publications Calendar 864.056 4.107 L824 865.614 3301 3,203 Other Publicatior Publications IncomeTotsl 869.Y87 £ 8n.718 Gerteral Lewaoe5 Fund 2024 Total 2023 Fund Total MeetirLgs and Events Income Training Events National Meetings SIG meetings 11.034 7,011 IIP34 7,011 14,270 104 14374 .045 £ .045 £ 10. COnfereTh￿ Income Delegate Recèipts and Sponsorship 63A75 63.475 20.817 63A75 £ 63A75 £ 20￿1? Totsl Meetin8s Inrome {Notes 9 & 10} 81520 £ 8U20 £ 35,191 Page11 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Publiotions E¥pen¢frtwe (General Furtdl 2024 1ltsr￿rEYjoUrna1 Subscriptions and Other Costs stsff Costs 756 4.79S 931 7361 1364 P￿MSe5 and Admin Clverheads 6502 10.106 Weather Subscriptitsns and ¢)ther Costs 5tsff Q>sts 56,992 13,618 2.701 63.668 9.223 ¥709 P￿rniSeS and Admin Overheads 73.311 74.WJ International Journal of airnatology Jbscriptions and Other Costs 5tsff Costs 6A78 L364 Premises and Admin Overhead5 779 8242 4382 Meteoroloocal Applieations Subscriptions and Other Costs Staff C¢sts 4,744 941 Premtse5 and Admin Overh&ads 743 4,751 Atrnosphericsaence Letters SubscFiFbons and Other Costs Staff Costs Premises and Admin Overheads 4.478 743 5366 4,7SI lendar Production Costs Staff Costs 2.075 6.081 1.206 1992 1649 491 Premises ènd Admin Overhe￿$ 9362 5,132 Other Publi¢ations (incl di￿tall Produttion Costs Staff Costs Prern15e5 and Admin Overheads 29.17S 49.711 9.861 6.992 41.297 7.653 88.747 s5￿2 PU￿1c￿l0￿5 EXp￿tfftuT￿T0tal £ 197215 £ 160264 Page 12 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note GenErtl 2024 Fund Fund Titsl National Meein85 Dirett Costs 14.219 235 14219 235 4￿65 14fi17 21A78 3224 Premises and ￿Min <￿thead5 4.665 42J03 £ l)ther Meefj¢¥gs andTrainin¥ Events Dirett C95ts 17.160 23,797 4.721 17.160 23.797 4,721 2.707 22.650 Premise5 ond Admin lkneads 4.197 45.678 £ 45,678 £ 295 Premises HI￿,￿raVe1 and Catering Staff Costs 54.099 38.396 7.616 54099 38396 7,616 05 33360 6.181 Premises and Admin O¥Erhp4ds £ 53946 SpeuafistGroups ard MIs￿l￿ne￿ Dired Costs 1.704 17(51 216 ¥704 £ ¥704 £ To>1 M¢eiTV ExpenditLEre 9A96 £ Exp8ndltur¢ Direct Costs 37A74 37374 74584 14.795 Staff Costs 74584 14.795 Prernise$3nd Adrnin fftrheads 89379 £ 37374 £ 126,753 £ 91 l& Grarrts Meetinqs and ConfvrEn¢e fjonts St¥tf Cu5ts 9361 9361 33lQ Premises ajd Admin 0¥eth￿ts 9A61 £ 9361 £ 3310 Page 13 Royal Meteorological Society Notes to the Accounts forthe Year Ended 31 December 2024 Note Desigrk3ted 12gaties Jnd General Fund Total Total Supportèd OrDni5atioNs EMS Membership and Meetings Science Counal Membership and Meetings Other Organi%aton5 Stsff Costs 6,153 6.153 7.565 1,711 19.741 3.916 19,741 3316 17,7n Premises and Admin Overheads 39226 £ 39226 £ 35J42 Miscellaneous Income Grants. special funding Donations and legaaes Reprodvction Fe&s, Advertising ROYa￿e5 and ¢xher 164.189 641 164,189 641 136.543 1,228 13,893 9376 9376 174206 £ £ 174206 £ 17. InvestsTrent Income Interest on Depostts Incomefrom Shares and Seojritses 19.195 16390 9￿97 8.195 28.792 24x5 2U66 27.IS2 35585 £ 17.792 £ sa377 £ 50.118 Membership Income Mernbers 213.891 22.281 7502 213A91 22281 7￿02 03Jo 17,OlS 72lX) G5ftAi Accreditatson Fees 243.674 £ £ 243ffl4 £ 234*08 Page 14 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note Gener41 Legaties Fut#1 Fund Tvtal Local CenknsSubveTrtions Swttish Centre EastAnglia Cent South EastCentrE W£qt Midlands Staff C05rs Premi%es znd AdmTn Cfverheads 275 275 L025 31338 6.216 26.232 6.216 a9￿29 £ 39J29 £ L F Riehardson Prize Mllcolm WzlkerAward ErneryngComrnunicatorAwaTd Meda& awarded 250 5.748 Its37 1265 5.748 IL437 2269 Premises and Admin ￿thead$ 1127 2L504 £ 24504 £ Page 15 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 General Legacies Fund Fund Totsl 2L ManagemEntand Administr*i•n Expense5 Governan￿. Audi< Fee 9500 Counal (Venues, Post. Phot¢¢opies etGI nk a#d BACS Charge5 Mernbership IPOSL Photocopies etGI Travel- orhercomrnittees TTrvel- Other Meetings Mernbership AdVert￿iTrg / Prwnotional cosrs ProfessiDnal tharge5 Sundries Staff Costs (Note 221 Fstablishrnent Éxpendityre (Note 231 Administration Support (Nots 241 8,797 1386 9.036 601 9.036 23.707 34,746 488292 41,453 75.097 695A61 £ 23.707 34.746 488.2Y2 41.453 75.097 695.461 £ 24,028 19 46L775 30,928 66.975 615 Sakries 721,157 1,157 624,711 75.158 60.246 70￿26 57,606 866.341 742563 34325 42,125 9DO.666 £ 784 Natloftal lrtsuran Pension Stheme 70.026 866.341 34.3 900,666 £ Otherstaff retstsd costs Apporrioned to FUndra￿Ing AppoktionedtoAcbvitie5 Administration Support 99258 313,116 488.￿2 900.666 £ 99.258 66.609 313.116 256.3t)4 488.292 461.775 900.666 £ 784.688 The average number of ernPI￿eeS d￿ring the year was 1912023.. 161. and the average number offull time equwdlent employees was 1612023.. 131. Sa￿ry of hiqhestpaid ernployee£91.62512023: £872621 The Society sfortunate and grateful to receive the supporrof a large nurrsber of volunteers who contribute enorrncwstyauoss all attfvtties of the ChaTity.Thisyearguestspeakers are induded in ourvoluntsert¢tsls. in 2024the￿were 600 activevolunteers 12023-. 5741. Page 16 Royal Meteorological Society Notes to the Accounts forthe Year Ended 31 December 2024 2014 Fund 2& E#abftshmqAt Rate5lrdv¢inEWaterP￿te5 oeaThrya￿ Gardwin8 lTrwr3n asR8 39 15*9 14.11 8597 ght￿Land Heatin8 Repaits$n¢ M3intenahtè Depreo3tyon of Furn￿rea￿d E4yiPE LtsSQffl Dt%P05alof fixeda%et5 9￿37 1762 s5￿ É 45￿1 2LUg1 4L453 22.LrJi 30.928 . IrKI￿e$TrLW¢éIndernntt¥ ￿01the￿fe￿alEdCQrnblrtd mver. PtSnbnB3nd phot￿O￿n8 stswneryandofficesuppr 0strgeandPackinB re*phoneattdmMrnU￿Caty 235 2341 S3Q4 17212 IISJ17 £ 17.212 13J97 40M20 ￿7 ItsA17 £ 75.r 115J17 £ 669 2% tibrary NuarnounL% been induded in the JWvDtsfarthe¥aluE of the bbrary. Luke Muward painrkn& on W rts Sdence ￿￿um UbTrry. Nevis insvumenTS yn Ioèoto Scot*sh Museum ahd obSrntiOnèl loantothE MEroffke. ThE￿r¢ ha¥Y araknxu1a￿ fr￿￿ dohafjons, tsrgener3teJ froth ath*eswithwhth thesuoety has been fft¥thdènd so no %¢nyfort LfA5t of acqutsthn has bÈ•i fftcur￿d bYiheSoti*ty. Stock ha$be￿ ittdudedtn oebtaraf¢r￿L￿ts1Dwhi￿thE$(thtyhaS illvest￿. Np3mouTrrhasbeen ffjcluded IntheArwuosfor*¢X&￿QtherpUb￿cbtiL1nsJlld Ir￿mEThts hddxlrycethen￿reOl￿ab￿v￿hJE ￿l￿rnat￿l01. 21. REWtfvrd Memorf*l Fund Duri￿ the y*ar there weTe no dty*tiDrs The w4sestsblish•Y dLvSr¥ Iri)2 tothe memwv ofthe * Rupttt Ford trnvel aw** Ourir¢ 2￿£4 ￿ne￿￿7rd made tothevalut of£LQW [2011.. £LXlJkThe assets ofthe at31 Decwr*2024xml at £35.74612￿..£￿9on. ThefundisadmirpFtered by0￿CerS￿rtr*5cwbUIkeptaU￿￿orn0wfrOrn th*50¢etysfundsa￿ ihserqratebankzcteurts withtheSoewsavdth5i¢wascor4deredapprQpr*thotth￿1Ur￿3Fth￿3D[>tbtM¢Su￿dJTrlh￿￿Qety'SBJ[irttSh￿eL The5ooeEYentered itoa ¢￿)tra￿V￿¢aneoffftsTr￿steestQ mide pr¢ts%orJal >)rtsu￿n￿sQrVi¢esfor£1o.tt￿. (2023.ral. Jyrir4the yeara reTrnburs*nertofQ8Owasrn*toTrwee5f￿expells•$ 12023.£8181. Page 17 Royal Meteorological Society Audited Accounts For the year ended 31 December 2024 INDEX Page Auditors, Report Statement of Financial Attivities Balance Sheet Cashflow Statement Notes to the Accounts 6-17 Independènt Auditoes Report to the Trustees of Royal Meteorologi￿1 Society Opinion Vve have a￿thd thefinanad stat￿n￿ts L*The ROY￿ Mdeorowtal SoWfortheYe4ren￿Y 31 Cw8Ythr2024whKh c£ryrtseS•NtofFirwKial Admhes. BalaKeS￿. Cashfi(w4Stst¥TEntand not85tothefinaK4a1¥21*YÉnts. indUd￿g signfficantattountrg p)*. ThBfinanoJ EpOrtingfr¥r￿rt( that has been apphed Inth8irpreparthn $appl￿ab￿ 1*ar￿ Ullit￿ TrfirydomAco)unbry Standard5. indudiro Financ¥al Repo￿n9 Standard 102 TheFtyBTh In thefi￿a￿c￿ statenEnt&' gNeatNeand faIr￿v0fthÈaa1eQf￿Èd￿￿saffai￿a58l31 [￿C￿2024, aNI L*h5 r8wjr￿8nd8pW￿ft 0fr￿lE£s, ndLhJirg ts lnrts￿and e￿ndituTe. fartheyearthen en￿.. hwe iwn propety prepa￿￿ in United lfjngltrn GerEratyAo*¢ A￿U￿b￿9 Prattl￿.. have prepared Ina￿dan￿5ylhtrt￿yi￿rEDts ¢*lhe ChaTik5Ad2C$11. Basisforopinion wndLKtsJ our8L¥1tin Intematbjnal StandardSonAudit￿i9 IUIQ IISAslUIfjI aprAk*blÈ Iw. Our undertho% 5tsrNlards are￿r￿erdescn￿ lntheaudrtorrespo￿b￿1￿sf0rthe3udrtofthefina￿(￿al staten*nL8sec*on ofour report We are i￿leF￿nd￿ntOfl￿Èthanty in 8￿rdon wlhtrE ethd wu1rementstt￿are ￿￿an1t0 oura￿Jrt oftr* finantsal st2ternetts in the UK indLbJiry thÈFRC's EthiL31 Standard, andwe haV&fU￿lled our otherethral rewnsibi￿1￿5 in a(xordancewth thesÈ requir¥rents. We tÉiEvetrb0tthea￿ite¥Klen￿￿￿ have cbtsiw $$uffwnta￿j apycpriateto p￿pitea iwforourc0￿Dn. Conclusions ￿lating to goin9 CoT￿eM In 3ulthng tIEfinancial ¥2t*nènts. we have cQnd￿thatth?knlJth' use ￿tr￿goin9o)r￿rn Wofaxx)unbng inth8weparth" n ofthÈfmar*i statenEnts tsapk¥oprf¢ $¥J)th(•ntdoui* onth8 tharty8a￿"￿ts (X)nbnue as ag￿r0 ￿cemE￿a s*tKxI 0fatk8St￿e￿ M￿t￿$￿ts￿￿he￿ thefinaK4alslaterTEnts art authorts&Jfor Otr*r informati¢)n Th&otrerInfomat￿ 0jryr6estrEirrfD￿*Jn 1ThlL￿8d inthe trus*&' annual repJ¢ 0lt*rthan thefinanc4alststerrwts and tyJravJlorfsTewttr*rem.The %t*sare rewn5ibieforthe ob)er infomplK)n mDtsin￿jwthinthe annual ￿port ouropini￿ the￿naT￿l31 statenEnts dces n¢4ix)verthe otherinformation 2nd, e¥izptlo theextent othètwrse exrAr&ly stated in our PPOTL wedo noteypress ary form ofassuBn￿ condLts￿n Y*tEDn. (￿rre￿n5bi1tyl3to readllt Ltsinfonnknn a￿, in¢oingso. con5thrwhthrth&otherwrfomwtsn ￿ materiaty MY￿Etent￿th thefinancialstakn*nts, or ¢urthovAedge obtained cour* 0fthea[￿l[oroth&l￿￿￿3ppe)tsto be rnateI]al￿ m&8taW. ￿we thntify suth material irKWEteThiesorapparentmateTial n￿at￿nts. weate requiredto detemlneWFEtherth￿ gwes rtse lo ¥ m*nal trisstatementin thefinanoal Staternentsth￿￿e￿e￿ ￿. bas￿ On￿work*F have￿￿0￿￿. we rnndU(kthatthe￿ &5a n*rial ￿￿s$￿t￿ofth￿ inf0nThtiy),*a￿B]U1r0dto rewtthatf¥ ViÈ have nolhingto r￿rt in1h￿ regard. Mattws on which we arn required to reportby ex¢eption tAve n(thw￿t0 report in resw#oftrek4knwro rnatters ch￿thes P£tyurtsa￿ Fieportsl Reg￿kn2￿￿ rwuvE Usto rwrttr>you rf. ￿ ouropinh)n'. the gNen in thefinar*iaIstatw￿nts in any matwd reprt or thecknarty has n(# kepta@U8te ￿￿OUnting wrd5". or thefin8nc4alstat*r*nts aTe notin agre&rEntvAth aox)unting recordsand relu￿ we have not allthe inforn￿t￿￿ aThJ explanatronswe r£qi￿refor0ufaud Respon#ibilibes of ts￿lees A5eW8ined morefvltyin thetrustees, respowbilthesstatWTEntsetrNlon pèje W9ofthetrustees annual ￿p(￿L thetrusteesareTesponsib￿forlhe kryaratDn ofthefnarKial ststwtErtsand fer ￿ng satisfrd th*tIEygNe atrLE arKlfarvw, athYfor5uc* inteMalthntrDla5theth￿teesd8tern￿ i% r*C*ssaryt0￿ab￿th8 preparatiN offinan(ial 51atenEntsthataTefreefr(m ￿￿e￿I rrisst• %*ttrErdLEtofraud orerfor. In kyepartyvjtr￿tsn￿l statemwts, trÈtru5tees a￿ r&po￿￿f0r85se$Sry the o*ptWsaknltytoo)ntinueos agtyry concem, cfjsthng. a5 [5 r￿31￿ lo gorg contsm and ￿ngtre going ￿r￿*M bastsofattsunbng unlessthetrus* edJErirrtendto *Ju*Jate￿ ¢*arity orto cease orerknro, haveno reatsbc8ttem2ti¥e butto do w. AudÈtor resportsibilities forts auditofthe financtal statements have been apwrfted a53udthr uThJwsec*on 145 oflfve ChariWAd2011 and reportin aC￿rda￿VAt￿ reY￿ati0￿6￿￿e un¢ersec*on 1&fj ofth*A or. arK11o ssuean auditoPs rwrtthatindudes0ur0wn￿n. Re￿￿￿ab￿ assurano i5 8 hvJh kvel ofasSur&n￿ nota guaranteetratan audl wr￿ude in aoxrdanTrwith ISAS IUK)wlIa￿aYs(th%¥ rroterial m&￿tateM*￿when it exBts. mtsstatemen1scanat￿efrl¥nfral￿ oremrand aE tsxsthred materrdl rf, lrKINKlual￿ or a￿￿ate. rea￿n￿)￿ ￿￿expe(*d to rf*Xn￿the ￿nc￿Ld￿￿r6 DfLEe￿taken ontr* I)￿ofthe￿f￿anc￿ slat011￿. IwuLarrtw Try￿1￿ fraud, awin*aThxs Ofn0r￿7pt￿￿*%Mth kn3nd regukt¥)￿ Wedesvjn pTh)tyJures in li￿￿th our wn51ti5￿es, thve, to detecl m2terial mthknnts In rw ofirwukr￿eS. IndUd￿9fraUd. Theextenttowhth ourwrxxlu￿5 arel3pa￿0fd¢￿"￿ ryular￿85. In￿L￿Ing fta LS belw. Becawdthe inherentlinwatitins c*an autht th8re ￿ a rththatwewll ncidet8daU irlrfuLgT￿S5, ind￿*￿91￿e kadiThJ toa m*nal nth fnanual statem￿lts or nonf Ireland IFRS 1021 (Charities SORP IF￿ 10211 and the Ctharr(ie5 Art 2011. L A¢rDuntTng Policies Basi5 of preparation The financial statements have been prepared on the historiral c05t basi5, as modffied by the waluation of ertain finan¢al assets and Ikibilities and investment properties measured at fair value through income tsr evenditu￿. The finanoal ststements are prepared in sterlin& which ts thefuncbonal ojrrency of the entity. Goin£ ¢J)n￿rn There are no material uncertainttes about the charity's abifrty to rontinue. Fund a¢¢ounting Unrestricted fvnts are availableforuse at the distretion of theTruste4stofurtherznyof the CharsV5 purpos* Designated funds are unrestrirted fiJnds earmarked by the trustees for a particular futu￿ project or comm¥tment. Restticted funds are subl￿ed to restrictyons on their expendsture dedared by the donor orthrough the terms f an appeal, and kll tnto one of twg sulTrdassLE- re5trirted income funds or end¢)wment funds. Incoming resour￿$ All incoming resourtes are induded in the 5tstement of finanaal actwities when entidement hag pa$5ed to the tharity- it is probable that the economic beftefrts assooated with the transattion will f£owto the charity and the amount can be reliably measure¢L The followingspetific poltues are applied to particular categorie5 Otlncome= income from donations or grants ￿ re¢oEnised when there is evÈden£e of erttl￿ement to the gilt receipt 15 probable and Its amount can be rnea5ured refiab]y. legacy Income &5 recognised when recèipt is probable and entitiement is *bli5hed. income from donated gotsds is measured at the fair value of the goods unless this is impractic31 to rneasure reli3bly, in which case the ￿l￿e ts derived from the ￿5[ to the donor or the estimated resalev8lu& Donated hulitiesand seryiw 8rerec0gn￿e￿ in theaccountswhen reolved rfthevalue can be reliably rne3sured. No amounts are induded forthe contributiort of general volunteer income frgm contracts for the supply of services s reCOgn￿ed with the dÈlwery of the contracted servi￿. This is dassifted as unrestricted funds unless there is a tontractU31 requ1￿ment for (¢ to be 5penton a particularpurposeand returned rfunspent inwhith case it may be regarded asrestricted. Page 6 Royal Meteorological Society Notes to the Accounts for the Year ended 31 De￿rnber 2024 Resources expended Expenditure is recogni4ed on an ac(rnè15 basis as a liabilty is incurred. Expenditure indudes any VAT which cannot be fulty recovered. and s classified under headings of the statement Df finanaal actyvitye5 to which It expenditure on raising fvnds ineludes the costs of all fvndrassing aCtIv￿e$. events. noTrtharitable trading actiwties, and the sale of donatsd goods. expènditure on th3ritable actiwtie5 includes all ¢¢sts incurred by a charity in undertaking actiwth that further its charttrable aims forthe benefft of tts beneficiarie5. indydingthose support cosrs and Costs relating to the governan￿ of the tharity appor￿oned to tharitable actNtbes. other e¥pendr(ure indudes all expenditurethat i8 nesther rÈlatedto raising fijrjdsforthe charity nor part of tts expenditure on tharif4ble adivities. I wsts are allttated to expenditure categories refiettiTrgthe use of the resource. DirertCOSL% attributsble to a single actNity are allocated directly to that activsty. Shared costs are apportiijned bthleen the activities they contribute to on a reasonable. justifiable aAd consistent basi Tanwble assets Ail fixe£l assets are initially recorded at cost. Deprec4ation is ca5culated so a5 to write off the cost or Wdluation of an asseL less its resÈdual value. over the usefvl economic lrfè of that asset as follows: Fumtture, fixtures and frttings OFFI￿ equlpmertt IO% on cost 20%-33% on cost 1mle￿Me1 Unlisted equity investments are initsalty recorded at ￿t, and subsequently measured at fairvalue. If fair￿Ue cannot be rèliabty measured. assets are measured at cost l£%s irnpaimient. L55ted investments are measured at fair value with changeg in fa¢r value being recognised in intorne or expendityre. Finanoal instruments A finanoal asset or a finarttral liabil￿ TS reco8ntsed onty when the charity becomes a ￿rtY to the contt3Ctual prowsions of the instrurnÈnt Basie finanaal ittstruments are initially recogni5ed at the arnount receivable or payable induding any related trar)5artion costs. Current assets and tUr￿ftt liabilities are subsequently measurgj at the cash or other consideration ewed tg be paid or received and not discounted. Page 7 Royal Meteorological Society Notes to the Accounts for the Year ended 31 De￿rnber 2024 Where investments in shares are publidy traded or their fair value tan otheswise be measured reliably. the investment is subsequenJy measured at fair valuè with chang&% in frdif Ydlue reeogni5ed in income and expenditure. All othersuth irwestmènts aresubsequendy measured at e05t less impaimenL Debtors and trade creditors that are Measu￿ at tost or amortised cost are reviewed for objeciive evtdence gf impaimient at the end of each reporting date. IF there is objective evideno of impaimJenL an impairment1trs5 Is recognised underthe appropriate heading in the statement of financial activitses in which the initial gain was recognised. For all equity instruments reg3rdless of signifi0n￿, and otherfinanaal assets that are Individualty signfficant theseareassessed individuallyfor impaimienL Otherfinanoal assets are either355essed individually orgrouped on the basis of similar credit risk charaLteristi¢s. Any reversals of impairment are recognised immediately, to the extent that the reversal does ftot result in a carrying am¢unt of the financial asset that èxceeds what the carrying amount would have been had the impairment not previously been re¢o8nised. Pension The 5oaeVs contr¥bution5 in respect of the staff pension arrangements are ch3rged to the Income and Expenditure Account for the year in whith they are payable to the pension providers. Frern lJune 2016 the Society h35 had auto enrolmertt pension arrangements in pla￿. Page 8 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 De¢ember 2024 Note Ewipmerrt T•i•l At lJ¥uary2024 dthons 228J IIL4451 IIL4451 At31 Detember2024 $44590 £ 223,162 £ 767.752 AtlJanuBry2U24 Ch3r8eforYear OTh Qisp05014 tll,4451 IIL4451 At31 December2024 tsU56 £ NetBoDkValu¢ S44￿90 £ 3&O06 £ $7S At31 D¥¢mbeT2021 marketVal￿•t iJanuary Addttlons D￿posa 1,192314 499￿56 1437ffj421 1.104283 s8 At31 December £ Wa.737 £ ￿￿4￿35 Revaluattonto Marketvalue Historical eost The SgoeV5 Investrn￿ are mènaBed * R*hbone Invesment man3sem￿t￿MttEd.Tht*B]ue ofth¢ portfor￿.3rnèIysed bythe InvÈ%tr￿Tht I￿lding5, ￿aSt¢l￿ Govornmentstock and C4rporaze Bon¢$ UK EquitiÈS Cwseas Equitiesiothtr Irwe5tments 2CrfJ214 889.238 336 69J.173 Page 9 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December Z024 Note 20Z4 Debtots and Sto¢k Debtors 10.954 8.los 21.453 1.435 Payments in Advance Glft Aid Recoverable Value Add￿ Tax Receiydble 11385 19.051 Total Debtots 41948 £ 453 Balanc¥ at Bank and Cash itt H¥nd Uoyds èank PIC- Current Account Uoyds 83nk PIC- Dèposit Attount Investment Manager5 C8sh Account Cash 19.652 L037510 19.407 140 200272 L031351 40J32 87 1.076.709 £ U71A42 Cre&rt•r5: Amount Falling Duewrthin One Year Credr(ors and Accwed Charges Arnounts R*￿T¥ed i• Advance Value Added Tax Payable PAYE and National Insurance 160,654 87,214 81336 208X) 27.716 16.804 36.141 284mg £ 334436 Anafysis ot NetAssets between Funds De5iBnated General UnTe51rieted 2024 2024 2023 2tr23 Fund 8alances are represented by: Quoted Investments Other Nei A55ets 426542 853.083 -211585 1.621829 214￿57 £ 2A74.912 £ 397,441 794.882 -170572 1.737,318 226WJ £ ¥32.200 Page10 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note 2024 2023 Publiotigns et¢- Income (General Fund) Net receipts from saentthc publications Calendar 864.056 4.107 L824 865.614 3301 3,203 Other Publicatior Publications IncomeTotsl 869.Y87 £ 8n.718 Gerteral Lewaoe5 Fund 2024 Total 2023 Fund Total MeetirLgs and Events Income Training Events National Meetings SIG meetings 11.034 7,011 IIP34 7,011 14,270 104 14374 .045 £ .045 £ 10. COnfereTh￿ Income Delegate Recèipts and Sponsorship 63A75 63.475 20.817 63A75 £ 63A75 £ 20￿1? Totsl Meetin8s Inrome {Notes 9 & 10} 81520 £ 8U20 £ 35,191 Page11 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Publiotions E¥pen¢frtwe (General Furtdl 2024 1ltsr￿rEYjoUrna1 Subscriptions and Other Costs stsff Costs 756 4.79S 931 7361 1364 P￿MSe5 and Admin Clverheads 6502 10.106 Weather Subscriptitsns and ¢)ther Costs 5tsff Q>sts 56,992 13,618 2.701 63.668 9.223 ¥709 P￿rniSeS and Admin Overheads 73.311 74.WJ International Journal of airnatology Jbscriptions and Other Costs 5tsff Costs 6A78 L364 Premises and Admin Overhead5 779 8242 4382 Meteoroloocal Applieations Subscriptions and Other Costs Staff C¢sts 4,744 941 Premtse5 and Admin Overh&ads 743 4,751 Atrnosphericsaence Letters SubscFiFbons and Other Costs Staff Costs Premises and Admin Overheads 4.478 743 5366 4,7SI lendar Production Costs Staff Costs 2.075 6.081 1.206 1992 1649 491 Premises ènd Admin Overhe￿$ 9362 5,132 Other Publi¢ations (incl di￿tall Produttion Costs Staff Costs Prern15e5 and Admin Overheads 29.17S 49.711 9.861 6.992 41.297 7.653 88.747 s5￿2 PU￿1c￿l0￿5 EXp￿tfftuT￿T0tal £ 197215 £ 160264 Page 12 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note GenErtl 2024 Fund Fund Titsl National Meein85 Dirett Costs 14.219 235 14219 235 4￿65 14fi17 21A78 3224 Premises and ￿Min <￿thead5 4.665 42J03 £ l)ther Meefj¢¥gs andTrainin¥ Events Dirett C95ts 17.160 23,797 4.721 17.160 23.797 4,721 2.707 22.650 Premise5 ond Admin lkneads 4.197 45.678 £ 45,678 £ 295 Premises HI￿,￿raVe1 and Catering Staff Costs 54.099 38.396 7.616 54099 38396 7,616 05 33360 6.181 Premises and Admin O¥Erhp4ds £ 53946 SpeuafistGroups ard MIs￿l￿ne￿ Dired Costs 1.704 17(51 216 ¥704 £ ¥704 £ To>1 M¢eiTV ExpenditLEre 9A96 £ Exp8ndltur¢ Direct Costs 37A74 37374 74584 14.795 Staff Costs 74584 14.795 Prernise$3nd Adrnin fftrheads 89379 £ 37374 £ 126,753 £ 91 l& Grarrts Meetinqs and ConfvrEn¢e fjonts St¥tf Cu5ts 9361 9361 33lQ Premises ajd Admin 0¥eth￿ts 9A61 £ 9361 £ 3310 Page 13 Royal Meteorological Society Notes to the Accounts forthe Year Ended 31 December 2024 Note Desigrk3ted 12gaties Jnd General Fund Total Total Supportèd OrDni5atioNs EMS Membership and Meetings Science Counal Membership and Meetings Other Organi%aton5 Stsff Costs 6,153 6.153 7.565 1,711 19.741 3.916 19,741 3316 17,7n Premises and Admin Overheads 39226 £ 39226 £ 35J42 Miscellaneous Income Grants. special funding Donations and legaaes Reprodvction Fe&s, Advertising ROYa￿e5 and ¢xher 164.189 641 164,189 641 136.543 1,228 13,893 9376 9376 174206 £ £ 174206 £ 17. InvestsTrent Income Interest on Depostts Incomefrom Shares and Seojritses 19.195 16390 9￿97 8.195 28.792 24x5 2U66 27.IS2 35585 £ 17.792 £ sa377 £ 50.118 Membership Income Mernbers 213.891 22.281 7502 213A91 22281 7￿02 03Jo 17,OlS 72lX) G5ftAi Accreditatson Fees 243.674 £ £ 243ffl4 £ 234*08 Page 14 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 Note Gener41 Legaties Fut#1 Fund Tvtal Local CenknsSubveTrtions Swttish Centre EastAnglia Cent South EastCentrE W£qt Midlands Staff C05rs Premi%es znd AdmTn Cfverheads 275 275 L025 31338 6.216 26.232 6.216 a9￿29 £ 39J29 £ L F Riehardson Prize Mllcolm WzlkerAward ErneryngComrnunicatorAwaTd Meda& awarded 250 5.748 Its37 1265 5.748 IL437 2269 Premises and Admin ￿thead$ 1127 2L504 £ 24504 £ Page 15 Royal Meteorological Society Notes to the Accounts for the Year Ended 31 December 2024 General Legacies Fund Fund Totsl 2L ManagemEntand Administr*i•n Expense5 Governan￿. Audi< Fee 9500 Counal (Venues, Post. Phot¢¢opies etGI nk a#d BACS Charge5 Mernbership IPOSL Photocopies etGI Travel- orhercomrnittees TTrvel- Other Meetings Mernbership AdVert￿iTrg / Prwnotional cosrs ProfessiDnal tharge5 Sundries Staff Costs (Note 221 Fstablishrnent Éxpendityre (Note 231 Administration Support (Nots 241 8,797 1386 9.036 601 9.036 23.707 34,746 488292 41,453 75.097 695A61 £ 23.707 34.746 488.2Y2 41.453 75.097 695.461 £ 24,028 19 46L775 30,928 66.975 615 Sakries 721,157 1,157 624,711 75.158 60.246 70￿26 57,606 866.341 742563 34325 42,125 9DO.666 £ 784 Natloftal lrtsuran Pension Stheme 70.026 866.341 34.3 900,666 £ Otherstaff retstsd costs Apporrioned to FUndra￿Ing AppoktionedtoAcbvitie5 Administration Support 99258 313,116 488.￿2 900.666 £ 99.258 66.609 313.116 256.3t)4 488.292 461.775 900.666 £ 784.688 The average number of ernPI￿eeS d￿ring the year was 1912023.. 161. and the average number offull time equwdlent employees was 1612023.. 131. Sa￿ry of hiqhestpaid ernployee£91.62512023: £872621 The Society sfortunate and grateful to receive the supporrof a large nurrsber of volunteers who contribute enorrncwstyauoss all attfvtties of the ChaTity.Thisyearguestspeakers are induded in ourvoluntsert¢tsls. in 2024the￿were 600 activevolunteers 12023-. 5741. Page 16 Royal Meteorological Society Notes to the Accounts forthe Year Ended 31 December 2024 2014 Fund 2& E#abftshmqAt Rate5lrdv¢inEWaterP￿te5 oeaThrya￿ Gardwin8 lTrwr3n asR8 39 15*9 14.11 8597 ght￿Land Heatin8 Repaits$n¢ M3intenahtè Depreo3tyon of Furn￿rea￿d E4yiPE LtsSQffl Dt%P05alof fixeda%et5 9￿37 1762 s5￿ É 45￿1 2LUg1 4L453 22.LrJi 30.928 . IrKI￿e$TrLW¢éIndernntt¥ ￿01the￿fe￿alEdCQrnblrtd mver. PtSnbnB3nd phot￿O￿n8 stswneryandofficesuppr 0strgeandPackinB re*phoneattdmMrnU￿Caty 235 2341 S3Q4 17212 IISJ17 £ 17.212 13J97 40M20 ￿7 ItsA17 £ 75.r 115J17 £ 669 2% tibrary NuarnounL% been induded in the JWvDtsfarthe¥aluE of the bbrary. Luke Muward painrkn& on W rts Sdence ￿￿um UbTrry. Nevis insvumenTS yn Ioèoto Scot*sh Museum ahd obSrntiOnèl loantothE MEroffke. ThE￿r¢ ha¥Y araknxu1a￿ fr￿￿ dohafjons, tsrgener3teJ froth ath*eswithwhth thesuoety has been fft¥thdènd so no %¢nyfort LfA5t of acqutsthn has bÈ•i fftcur￿d bYiheSoti*ty. Stock ha$be￿ ittdudedtn oebtaraf¢r￿L￿ts1Dwhi￿thE$(thtyhaS illvest￿. Np3mouTrrhasbeen ffjcluded IntheArwuosfor*¢X&￿QtherpUb￿cbtiL1nsJlld Ir￿mEThts hddxlrycethen￿reOl￿ab￿v￿hJE ￿l￿rnat￿l01. 21. REWtfvrd Memorf*l Fund Duri￿ the y*ar there weTe no dty*tiDrs The w4sestsblish•Y dLvSr¥ Iri)2 tothe memwv ofthe * Rupttt Ford trnvel aw** Ourir¢ 2￿£4 ￿ne￿￿7rd made tothevalut of£LQW [2011.. £LXlJkThe assets ofthe at31 Decwr*2024xml at £35.74612￿..£￿9on. ThefundisadmirpFtered by0￿CerS￿rtr*5cwbUIkeptaU￿￿orn0wfrOrn th*50¢etysfundsa￿ ihserqratebankzcteurts withtheSoewsavdth5i¢wascor4deredapprQpr*thotth￿1Ur￿3Fth￿3D[>tbtM¢Su￿dJTrlh￿￿Qety'SBJ[irttSh￿eL The5ooeEYentered itoa ¢￿)tra￿V￿¢aneoffftsTr￿steestQ mide pr¢ts%orJal >)rtsu￿n￿sQrVi¢esfor£1o.tt￿. (2023.ral. Jyrir4the yeara reTrnburs*nertofQ8Owasrn*toTrwee5f￿expells•$ 12023.£8181. Page 17