MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 David M. Rees & Associates Limited CHARTERED ACCOUNTATS Well Coltag¢ Cucumkr Lanc Essendon Hertfordshire AL9 6JB
MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND ANNUAL REPORT AND AUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 INDEX Page Trustees and Advisors 1and2 Report of the Trustees 3to20 Report of the Independent Auditor8 21 and 22 Statements of Financial Activities 23to25 Balance Sheet 26 Notes to the Finandal Statements 27to33
MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELANO REFERENCE AND ADMINISTRATIVE INFORIIATION Trustses and Advisors for the year ended 30 June 2024 PRESIDENT S. Gibson S. Shaw- Appolnted and as President Ebèct 1 January 2024 VICE-PRESIDENTS A. Neumann - Resigned 31 Dmber 2023 H. PendI0k1 - Appointed and as President 25 Aprll 2024 TREASURER J. Hap4ey- Resigned 31 Dernber 2023 S. Hammond - Appointed as Trèa$urer1 January 2024 GENERAL SECRETARY E. Deady PUBLICATIONS MANAGERS R.J. Bc14 PUBLIC RELATIONS OFFICER J. Byyne ELEMENTS REPRESENTATIVE M.E. Hodson - Resyned 31 Dernber 2023 M. l•Vhhe- Appointed 1 January 2024 EQUALITr DIVERSITY and INCLUSION OFFICER L. Kelty PRINCIPAL EDITORS Mineraioglcal Magazine S. Mills R.H. Mitchell Clay Minerals G.E. ChristKIis Chun4ui Zhou GeBlO Interfxe H. Dong - Appointed 1 January 2024 A. Engel- Appointed 1 January 2024 J. - Appointed 1 January 2024 GROUP CHAIRS Appliéd Mlnerak)gy Group Clay Minerals (knp M. Smith A. Neumann - Reslgned as ¢hair 21 November 2023 H. Pendlowski- Apwnted as chair 25 April 2024 L. Ntsvtsome- Reslgned 20 November 2023 L. Townsend - Appoirrted 10 April 2024 A. Mlllet- Resigned 10 AWA 2024 P. Savage- Appointed 10 April 2024 Environmental Mlneraltray Group Geochemistry Group Geomicrobiology Netsvork J. Moreau MetamorphiG Studies Group Min8r81 Physics Group O. Weller O. Lord Volcanic & Magmatic stud Group T. Mather
MINEFIALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND Trustse and Advhors for th• year ended 30 June 2024 ORDINARY MEMBERS OF COUNCIL A. Costanzo - Appointed 1 January 2024 H. Elms - Appointed 1 January 2024 R. Gertisser- Appointed 1 January 2024 C. Manning M. Rumsey- Resigned 31 Decemter 2023 B. Sarkar R. Taylor - Resigned 31 DecemL*r 2023 N. Gray-wannell - Resigned 31 December 2023 CUSTODIAN TRUSTEES H. Dtrwnes - Appointed as Custodian Trustee 1 January 2024 M. Widd(ywson - Resigned 31 December 2023 D. Wray - Resigned 31 December 2023 J. Lloyd - Appointed as Custodian Trustee 1 January 2024 . Anand- Appointed 1 January 2024 OFFICE 12 Baylis Me 93- 101 Amyand Park Road Twckenham Middlesex TW13HQ ADMINISTRATION K. Murphy- Executive Director R. RajerKlra - Finance and Operations Manager AUDITORS David M. Rees & Associates Limited Well Cottage CMber Lane Essendon Hertfordshire AL9 &J8 SOLICITORS Nabarro Nathanson Lacon House 84 Theobald's Roa London WC1X 8RW &4NKERS Coutts & Co 440 Strand London WC2R OQS INVESTMENT IMNAGER Schrer & Co. Limited, trading as CazerK)ve Capital 1 London Wall Place London EC2Y SAU WEBSITE wwM.minersoc.org CHARITY REGISTr4TION NUMBER 2337Ck8
MINERALOGICAL SOCIEff OF THE UNITED KINGDOM AND IRELAND REPORT OF THE TRUSTEES FOR THE YEAR E14DED 30 JiINE 2024 Th8 trustees presant their annual rewt and the alited finan¢o1 statements ofthe thity for thg year end&Y 30 June 2024. The Financial stateMts have been prepar1 in acCOrdar the accounttng pofitie$ set out in 1 to th8 flnanc181 slatem8nt8 and compw th the thanty's g¢)veming documart instiluted on 3 Febwary 1878 {Bye-L$ 10 November 2022 revision) the Charfties A¢t 2011 and the ¢lritIeS Statement of Reccnmended Prac81"Charities SORP") apFli¢ablo10 Charities preparing their finandal stslemerrts in acc(Kdan With Finana81 Rewbng Standard aFplieAble in the United Klngdom an¢J Reputr¢ of Ireland {FRS 102) second edIti issued in Othr 2019. OBJECTIVES AND ACTivmES The obj'ecl of the Mineralcglcal ofth8 Unlt&1 lQtydom and Irdand. lth vthith the Cry8t4b)lOgd So(i8ty wa8 amalgamated on 11 Docember 1883. is lo advance t education of the in gerrnl (and p8Culty amoThJsl $cientis181 on the suty.ect of mirornlogy arKI 1 related lneS and to promote research for the pub16c benefit in all aspects of that 8ublect lo publish Ihe u8efiJl results. In lurtheranc of Ulé said objects of the Sodety but not oth8Nlse th• Counal of the Society may." wtA15h or cguse to be pu1$ fAKh pèriod1 and othw publicatiorn as it thinks ffit, e¥tatAish special intèrest grP$, hc4d or arrange to be hald seminw8, conferences or otherfoms of di$¢wion, oward prfzes, medals end exhl1yb, reLthVt dcnats'ons or Wuests for ary general OT Spgcial pr8e connect&J wth the obJKt of the Society. establish or SLWOrt thwi¢abl8 institLrtion having ow sjmilar to the c4.ed ofthe Sodety, do such cAhor trNngs as 8h811 ftKlher the att8irment of the obJ'e¢ of the Swety. LonfrTenn Str8legy Our long-temi strategy remaln$ largely unchaNJèd, lhOh ¥Afj have added outreath to ow list of priorib'es. The SIety's alm Is lo conb'nue lo publish fiag8hip joumal8 (In the face of signfficant ch8rwJe in the L4rMknpe ofloumal publlshlngl and116 rolo in the EMU Notes In Minernlogy 8ertès. Support for thè Scety's Special Inter851 Groups will ContinL, b)th nancllY arKI Icgistscalty, 88 it is largdy thrwh these SIGS that the Society Serve8 thè community of min8r8logists. VAII ¢ontinu6 to be part ofthe Elem8nts'tsm4y' of Soc¥eties th8tritrwtes Elgmwts tr> all memb&rs. The Sow will dso b& involved In the organizatKfi and support of 8aentific mgetFngs linduLlng thg Intemational Clay Conference Sn 2025. Our 6tr8tegy Is to provide these 8eNke$ at an affordab cost to membern arKI lilxartes. Our seNko to the studenl communlty, i.e. prov14¢ of om y••rf8 free memb•r5hip and 8ub&dLzed mwnbershlp thérèaftér, 11 a180 conb'nue. Onlin8 ho$Ong of 8denUflc evènts has proven to be an ungxpeL2ed benefft arising from festrlcled movefflwrt6 imposed ty th8 pand8mi¢,' Ih•8e are 881 lo continue in ¥80 formats. Finally, ¥ are abcMJt to18unth a rw 'SkS118 and Training. programme, whlch will help ow member4 other8 by provKling wh(S in a mixturn of hwd w¥1 •oft skn118. Wh8t drff8rnnc& is the MMra10981 lty seekiw to nkO? The Society 80fyks to be a leader in provi%on of &x'ety to the Intwnauonal ccrfnmunty of mlneraloglsts. Th• or9anlzallon I1rtSte8 the gath8rfng of miner8logi8t8 lo d18cuss rn8tt of Mu1 inltresL and thereafter lo place infonnth'on In tr publK domaln through di888min8llon In its publin8. also ex•1 to wpwt th8 tralnlng of nts mlnoraloglsts and to serve 8$ 8 SOLxce of infomati¢)n for the pu. PUBUC BENEFIT In 8oth.ng our aims and objtttives arKI plannlng our futLwe advrtie8 the tnJste8s have given careful conBh48r8ticffl to thè Charity Commlssion's general guldance <Jn public benofit end in pwts'cular to ft8 8UFpkni•nlary publk b¥ffi1 guidance on athanGing educ81knn. Burnarl•• The purpose of the bufsary thme 1$ to wpport academic wx)rk ty facilitath'ng attendance al overseas conferWe8 and meetlng3', encouraging intematicnal Collabation. invclving resea of hith merit., or supporting fieloknrk. Applicatson8 are Vetted by the Societys Awards Cmimittee. This year bur50rie8 V•ere 04warded to.. C. Antoniou {U. Edinburghl,. M. Balis (ru Bergkadameil, Frelberg, Germany.. J. Ber1 IU. St. ATrJrvws); R. Subbaraman (U. PAantheBter}'. H.Pollak IU. Edinburthl.. Kang Xie {U. Glasgowl.. Peirou Ll IU. Exelèrl., Megan Wafta (Bnnel Univewtyl,. Peter MGArdle (U. Manchester); E. Heptinst811 IU. Aberdeen)" K O'NeiU IU. 8ristol).' S. B¢vio IU. Portsmth). A REVIEW OF OUR ACHIEVEMENTS AND PERFORMANce M•mb•rnhlp Durfng the year erKlgd 30 June 2024 the Sca"ety had a nel gain of 25 members. At 30 Jur 2024 thore were 798 Momkers b8lrKJ 17 Honorary Llfe Fdlows.13 H(ary Fello. 63 Lrfe Members, 692 F811(yws Members 13 Emeritus Membe[5. Th888 flgur8s do Mt iThJude 150 Student mberS are recavirg free membwship ofthe Sety tr one ygar.
PublScationB Mana9•r At end of ihe nUal rewting period, r most rent joint wbllshlry effort with the EuroFean PAineralcgcal Unlon w8$ publishe(l. Volume 21 ofthe EMU Notes in Mineraw series.. ChenK& G60tynamics ofthe Earth s M8nlle.' New Parnthgms. edlled by C. Bon&1iman and E. RaMne. Mlnernloglcal M•gazlne We wish to thank our Produeb Editor Helen Kertey, lhOt vL)rf( theumar VDuld not fvron efficlentty. W8 ommend her for her eXcelt CCPy-wJiti"ng aTrJ Fx)sitive Interac wilh CUP, our typg89ttors, and layout personn&l. We also note Ihst She responds quickly lo querie$ from authcn Vith regaT(Is lo thr problems ith the manuscript submission system. Both edltors value hèr involvem1 in mantalnlng the INgh standards of the Mineratogical Magazine. Or A88ttiate Editor resigned (L Mdluso) and was repla¢•J by Cifo CucciThelkn INaFdll. We wsh lo expre58 Ouf aFprecl8tion to al memtyers of our Edilothd Board. 11hr thr deth'cation rt woubJ not be to pthish th8 Minaralcglcal Mo942ino. Thi81s Ihe s8vgnth year of the journal produdion under the aw¥ice8 ofthe Cambnd9e univS1ty Pre88. Any problans encountered during thè first ygars havè b¢en resolv&1 and the submi8&on and revlèw proce8S 18 typically c4)er81ing Ithout probtems. However. from June-Au9USt 2024 thwe were sigrfftant d81ays In IYcJu¢. due to thnIcal prollems at cup. The immediate acc88810 tt on-linè versions vi a prtrwknlubon fomiat (prpY edttingl via the CUP of accepted manuxripts and the diverse metrics ass¢xiated with the paper5 pUlShe0 has been E1c0Thd by the ethors and readers of the joumal. Our CUP ntaCtS have provided the editors arwj the Wb1¢can& commlttee wth valuable and Intorosling mu)thly Publishorf$ Reputs on t demogr1¢5 of ¢itstvJns which V•fe Fffevbously Vailable. Thè l¢Jumal ha8 conUS to publith h1 qulty in wide range of minerelogical and patrolowl top$, and In th oplnion of the EdRors remwns the pramier periodkol lor publlc8b.on of papers concem8d Ihèoreti¢al mineralogy, miner81 Cry8tal $tructW88 and doKfiPtn of w minernl$. This atfj refiects. In part, tyjr pollcy of pro¥lding lulwlow imagery wthhout tharge. The Impact factc< ofth•jrn8l ha• rison from the pre46w• levels of 2019 {1.738) and 202012.0821 to 2.8 In 202312 year IF) Ènd is nijw similar to that of Li1¥12.9) and the Joumal of Vokanology Ge0theml R888arch. but Slightly lower than that ofAmeric8n Mlnèr•logist13.1). Although our impKt factor has Irreased steadily we consldar that th98e change8 In the impact factor ol the joumal are not a reflection on the quality ofthe papern wknli8hed as Ihesa Were very similgr in content to wevious years. It 18 POSSI8 th8t the faclor h88 Intxeased wth the intrOdkn ol open acc8ss ?grMment8 betsveen CUP and wort(b•4td• unwerslti88. Tho changes In the impKt fa(or are not r08dily eygiicable and perhaps indicale the futS1ty of th18 Over-ch9ing metrlc in mèawring the qualty of PLknlication& Most paFer• put4ished from July 1st 202&JLrn 30th 2024 wer• k¥••n open acc. •th0h 29 gold opan ac£•s• papor8 were Pu18&. rQpre88nrKj no sigrifficant In¢ye8sg overthe Fx8vkws year when 27 gdd acces8 papers ¢re publlshed. The Uma1 conlnues to publish upon TKeipt the r6pxxts16 this period) of the IMA New Mlnerals, Nomondabjre and Classification (CNMNCI Ccrfnmittee. Seventy one papers putAisW betr••en durlry reporbrKJ period.. 73% were In th• fi?Id of crmallogrnpty. th8oretscal mlneralogy and new mirerals, 27% In the Ilelds of gffigral mlneralogy, pelrolo9y and envlronmentsl minerology. Th18 di$tribullon repre8enls an irth•se in the number of uystsllogiaphic papers trn(S5..35) In the previous reporbng Feriod. The sut4ect di6tributicn and seniw aythofship ty country not changed slgryficanly the last rep)rt. Amhough Italian ?d RUan oystallcqrathr8 pffjwde Ihe bulk of our crysthMo9raphK papers, ow major ¢¢xtrijtorn in all flelds orfiginate ffom Australia. Russia. the USA and Can•Ja. One book tovlow w88 PUt4i8hed {81ndi & Cruaani." Colebffttiw Éhe IMomatK¥I Ye8rofAlingralow. pro8& and DiwèrJity ofthe Lg8 Lbcede, published by Spriw Nature). During thi8 reporting tlme progres8 has been made on a 9cid memorlal i88ug consisting of 10 paporn in rngn.On of the late Ale888ndro Guasloni. Dolays in arn related to lechnlcal problwn5 al CUP. In this reporting period 82 manuscripts ware accepted fDr publution and 38 re rejected. Tho majority of manuw'pts rejected werè wtth the scope ol material published in the MineralffjKal MagaJne. It w88 evident In some ease$ that some of thesè papern had been submitted to. rePded. by olhw pertodicab. Cl•yMlnernls Four i88ues of Clay Mner81s were wbli5hgd befvfftn July 2023 and Jurt 2024. The 4 is8ue¥ contained 27 papers, one review paper shcrt papers and obituary. All issues were wblished urvjer the rtw agreement wfth Cambridge Universty PrE8s. There Is a lag in the wl¢atiOn 8¢tdUle that had been rgjuced compared to Fyevious year and irKrea8ed agaln due to 8 s8curity WOtAem vAthin CUP. Th8 were winted at the rw fomiat larggr IA41 p•ae¥. The Iarch artlcles c(wered a de lar d aprli¢lor. from in in¢JJstrial pICuCtion of ceramics lo appIallon sdective catslysts and ghntsl appIaon5, from WcJy of days and sediments lo soi18, bentlte8 and ka(Ain$, synthetic clay minerals, and phys aThJ chemical prcperties of clays. antibaeterial Ffoperties of clays, from environmental applications of days {gr chemistyl to nanLXOrnPOgies, ¢2tslysi8, adsorption. minerals18mectile, kaolinite, halloysite, vermiculltè. sepidite. paygorskite, illite, zeolitesl. oramics and g[(Ymern, (>)mposites of day minerals, zeolite. drilling
fluids. day mineral reactCKS WKI IocAt6on$ {15 (XxrtI from Ilstem centr arbj S(Krthwn Eur(y. Africa. A8ia and st America). The geograkucd disthbjb.on ol the put4ish&J papers is Sho1 in the ftl01ng table: G8wpl¥'cal diStributn of the pufALsfd paw5 Noof Noof China Tuthey Camoroon Pakistan PhilipF4nes Tunis Czech Republ Frar 18ra In the inleryal 1" Juty 2023 2024. 80 manusuipts were brnitted from 26 cA)Untri from Europe. Asia. Africa and South Americg, 75 of thich went th1oh the wstem. 32 of thes¢ manuscripts rejead or con81deTed unsurtable the joumal. Al the s8me time interval, thère Vre 142 ethtLvW decisions, 45 of IrKltaknJ aCCePtar {37llconditional a(%eptanc818), 45 verdkts SLqge81ed major rgwsion. 17 suggested minw (evision and 36 rejection including nonvsultatslty for the joum81 (rbcte that mora th one verdi¢t is aled to èach mgnusuipt, depending on the number of round8 of revi81onl. The overall reJ11¢)n rate vrds 42%139% last y6afl. The average tlme from submiwon to first decl.0 w88 39.1 day8147.3 last yeaTI. Thls time is well trU.n tha target set last year lup lo si¥ week81 and r4 the resurt of the collaborative effort of the editors and the le8Wers. There 1$ still a delay in the appèararKe ol the first proof but CUP is working ¢)n thi8 point. 549 revi8%$ ware invrtod, 01()M 178 reviewwd 8UtffiltteA1 mivws, 128 dedlnéd to review, 240 r•vlew8r8 VOWO uninvited before agreeing. and 3 were lerninated after agreelng. Currently there18 special188ue open. Tho sp¥ i$8ue thill InclLMle papers ttt vnre prosent•d to the MECC24 confergnce that loc& place In pf2¢n. Czech Reput4i¢. Miroslav P05p1561, ofTr)umal's AES will be the gu98t edltor.The dgadline for $utmI8¢ of manuscnpt8 ha8 been sei 8t 31 DeL8mber 2024. The is8 will indude the George Brown Le¢tur8 papr by Katja Emmerith. vrds d8lfvetwJ thring the confor0n. AnUement for this Special i88u8 wll b uptoo¢Jgd on the w8bpage of thejoumal. FInly, tog¢lher wlth t ¥8. 8dttor. Jav68r Cuadros, we contacted thre8 potential revlew author8 IN. Fagel. A. Balderniann arKI H. Hong) who agr¢ed lo sutynll review papers. Thg paFer by N. Fagel was put4158d in SeFrtember 2024. that of A. 8ak1emiann wll be wbEthd In tknmbor 2024. and H. Hong ha8 not 8ubmitttid the review paper yeL The Edrtorial Board is wotlng pretty smoothly and most of the members ao ¢Jevoled lo thelr dulles. The tumarowd tlme for flrsl edilorlol deci8lon decrèased ccMd8rabty Comparnd to J8St year and is wdl wthin the Ilme decthd in pVIol EB meetirKJ8, i.¢. 8 weoks. A hybrid EB rneen9 11)ok place during the EUrlaY 2023 in Barf. Italy on 25 July 2023, both wilh physul and distant pre8anc. A vwlual Ea mo•ting vla vrUlrenCe ha8 be8n sc1d•d for mk&Nov•mb•r. The major thallenge we f8c8 in the publication sth&Jule of the journal, 18 the lag durlng th8 last 2 years. Attfv)ugh the lag has decr6ased ¢M$er9Y 8TrJ all papws appear in thl view OKkn'M shortly after their final disposiuon, their allocation to Is8ue8 romain$ lengthy. We ty'rrfJ hard to rae the wobbem th CUP. The Securty i8sues emeiged In 8arfy June 2024, exacwbaled the lag issue, akno¥t relumeo to normalty in September. The Impact fa¢Xor {IF) of the joum81 In 2022 dec90 lo 1.1 from 1.5 in 2022. folloMn9 the overall trend observed lor nearty all jouma18 In 2023. Thi8 de¢xoase refflecas the chan98 of the meltrv)d of calculab.on of the IF. Th8 joumal is C th• rfght Ira¢k and we expect that the cl8¢11Ve effort of tho aditorid bowd. ¥faff and wb1I8hirKJ 10am will help to in¢w88 the imp8ci fa¢tor fvrthef In the fc41On9 yews. G•tFBlo Interfa¢•s This new Gold Open Access ioumal was formalty kqunched wi July 2023 by the SOcty lat the Lyon Goldxhmpat conferenc81 to SUPFKJrt the gr(ing Community with research witerests at the interfac8 between minerabjy and the biosciences. The joumal complements the Scciety's other established joumaL8, by focusing on ft)ur key areas that intersect across Ihe geo-0 Interf.. bK4ogul (includlng but not limited to ffdcrobiall systems, environmental, gec¢hemical (organic and inorganic). and energy and sourCes. Original submission$ describing fundamental, theoretical, experimental, or applied interdiscplinary studies Fertaining to any spatial or lemporal scale are conser0d in scope (including research artles. reVv, and rapid oJmmunic8tions). This scope is further SF*ufied by the following topics. 8•ctlon BiologrA cothis in thé jern ar arKient ge(wvironment BKJkngkal eontrc48 in astrcgg0ts'01(Jgy Blologlcal
Biofilm fomi functi Contiibutions to 3eMical cydey 8bweathering of Min88. r(Kks and 60iL% Bioremediation Oft0]¢ subSts arKI emwging rtaMInarrt5 Envlronmgntal BlocataS of minerds blminwlz81fir Biologtal cthjs in carbon eaptute, 8t(Ka99 and disposal MinerakmicrnWfluN1 wIls, thwThK>YmkS. 8Th1 klnatltx 18Ot¢Jpe {ts'olgeo¢hemisty (knhomlcaj Geochemlcal and blog8ththcd re8con•. Controls s1 scallng Trace metals and organu in bic¥eocheml¢l cy(Je8 Blotranstomation ol m)m1(alty important and 8leAnents Challeng08 of ¥uStn91Xlty and g8(Mnaterial• Enoryy & r••our¢ Microbmiinwal intwtsces In lo woductivlty and afvlbJre Bk)mlrlrwJ pr08p•tr4 arKI rn$ou rKovery The loumal w88 estaL418hed durSng th16 reporting perfod Ith three Prfnclpol Edltorn (Jon Ltyd, Universlty of Manche8ter,' Hall9 Dcffjg, Chinese UVer$Ity of Geoxaence8 8ejing'. Annette Engel. Univer8ty of Tennassee), and a teom of 28 nlamational A•oo¢late EdKcYs (beltrl. A••o¢lat• Edltov•: D¥nN?l Alessi, Unr[sIty ol AJb¢rta. C•)•Ja. Uane G Benrwng. Geman Research Centre for GeosGienc88, Potsdam, Gormany. R121an Bemier-Labraru. Écdo Pdytechnique Fédémla do Lw88nn8, Swltzerfand. mh091 E. Bottchw. Univerwty of Grthld. Gemwny. Caw Bryea. Univerwty of Bristc4, UK Julie Cosmid18, UnNof8ity of Oxford. UK. Ylw Dong. China Unfver&ty of G&)sc1ceS. Chln8. Rosemary Dryrington, Rh)de8 Untv8rsNy. South Africa, aiaoyun Huang, Huazhoro Agricultural Univerty, China. Plel Lens. National Univwsty of Iland, Ireland. Juan Llu. Peklng University Beijing, Chin8. Muammar Mon8or. UnNerW ofTuet4ngem, G•mi•ny. Jenine Mccutcheon, University ofwalerfoo, Canada. Mohamed Mefroun. un1vwdad de Granada. Spain. ArKiy Mitchdl, Aberyststyth Universty, UK. Mihaty PO8fal, Universty of Pannonia, Veszythn, Hungary. Kemn Ros80, Padfic Northwest Nationd Lobornlory, USA. Ana S8ntO8, Natural Histfxy MuseLxn, UIQ Plnakn Sw, Indian Instituto of Technc4ogy Khawpur, Indla. Yizhi Shong, Chino Unlverslty of G8o$derKe8. China. knang Shi, China University of GeosCW. China. Luaan Stsicjj. Unlv¢rlty of Worsaw, Poland. Yohey Suzukn.. The Univ8rsbty ol T0, Japan. Ellzabeth Swanner. lowa Slate Unlver81ty. USA. Dcfflinique Toor, University of cOph¥5•n, Oenmark. Eric van HllesCh. Instrtut dg Physique du Gthè de Paris. France. Karrle Weber, Unlversily of Nebraska- Lincoln, USA Jie Xu. Arlzcna State Univernrty. USA The fir8t year of1mal advnles focLmd on reututing the AES rnfinirvJ the w of the ioumal vrith thglr hdp, the infrastructure for the jourrffjl Mth CUP lUr their e31•ng platfomisl. prorncrting journal and cCMiSsiOn1ng arts'des. The Prin(ipal Editors the excell8nt support from CUP (Chris McEntee, Catherine Hill and Hary Busty) throughout. Helen Kerbey has also played a role as the Soc48ty Producon Edrtor, offering strong 8UFWrt lo the editorial board indudlng the logistics of proees$ing first submissio. The jwmal V•elct)med rts ffir manuscript submis>on in vember 2023, with the ffirst threg articles ready to 8ppear al the end of the peritsj und8r consideration. Collectiorrs boirva promote¢J includ8.' "Biominerals. and Tr Biog8oWere.' Above. Bdow arvj Beyom". *lth fUrtIr colleclions undèr ConsideratiL. th the loal now up and Nnning, c(mIssn9 of suL¥nls&on6 is • wiorty 88 G8fr810 Int8rf8Ges b8com88 estsbl1strd. The SocieV6 SIGS are eneouraged to promot8 ts joumal. and •ncrage new submissions. %thte we contlnue lo publicise the loumal at nationallintsmationai meelings {e.g. EGU, EMC, Goldschmstl. and via th¢ Soryety's and CUP'$ marketlng campaign8.
Applled Mlnernlogy Group
The group has V&elcom8d committee membws: Bethan Payne (Ethrturgfil- new student representative and EDI
rapresenlative.. Martin U IB¥ighlon)- Ordinary commiits8 member. Ony+Jika Anthwy Igbokwp (St Ands}- ordinary
cc¥nmittee member. and Rad Pums lsothampI)- St10 repre8Wrtati¥e.
Many thank8 to depariing mwnbers Katie M¢fal. Hmh Hjh•s. Ra(d G1. Browrncomb8 aThJ rim Webster.
AMG Burnary calls wgre hekl in September 2023 and Wil 2024. Tor4c8 fLxJd¥l 1rlL1Qd Gooctsmical characteristics of
regolilh hosted REE deposits, Indla,. The rde of fluids In (gitic4 Met der4)Sits; ts metallurgy of sulphide Mineralisati¢ in
the Northem Bushveld comeX., Magmatic controls on Nl-cPGE Mineralisati in Ihg Plregf. Earthquake damago in
mlnerals.. Seaficor minetalisaticfi." Novd mlneral processirg thniqUes., Critul metsls doposits arKI prccesyrvJ; MineT81-
ml¢robe Inleradion8 in geologkal disp faclitie8. An impresVe rnnge of applied mHigralogil researchl
Issu88 ofthe grJp'S nMiett8r, Appl Min8rak381. compilod Iw71h a many to Clwisuan Bi8lK)p for lIt1vJI
•J GIrlated to the MIra10g8l Siety Memberstrip in July 23. Dgcember 23 and J)8 2024.
AMG members attend the Mlneral Dgwsits Studies grw Ann1 PAeeting in EdIrtrth V-Sth January 2024. The group
$pon8ored the prize lor the best student di88ertab.cm W¢(1. Tr prize was awarded to Andy Battagd from Cambome
School of Mines for a dissèrtation on platinum-grcAJp elemerrt mir11$al)on the Platreef of the Northem Llmb of the
Bu8hveld Complex.
Clay Mln•ralB Group
Committee Meetiws
Tho CMG hdd four c
European Clay Gnjups A&sn (ECGAJ During this "Od the ECGA, ofwhi¢h the CMG is an ad]"ve member, have elecied a rw pdent arm4 Secret for th group Imaguy Jaber and Petsr Uhllk. rewtively}. The group has a) aThd agreed in princirAe. the Spanlsh Clay Group's proposal to organise run the xt Euroday meeting. will b8 the first utNJ8r the new nne of CLAY 2027. Under the new leadership, discussions have $0 start&1 reg¥ding applwng for fvnilro for tralnlng and nelwortrjng events. A FXOPOS81 for COST Aclion funding 15 at the eaty sty ol pirring and should be submitted in Ociobèr 2024. CAIG-sponsorndacbvities George Brown Lectur8'. Dwing tho repcvting perlc41. the CMG wovided talks at wasUtyou8 Clay cOnferer Such as Euroclay (Barf, Maty. 2427 JY 20231. ¥re 8islK)p (S1 Institute & NASA Ames Research Contre) delivered Ihg 24th George Brown Lecture {CharnctenzingphyllaylK8les on MaTr and what they rnvèal al)oul anuenl geo¢henuGal envimmentsl on behalf of tho CMG. The review paper rdated to thi8 G¢e Brry•m Leclwe wll bo publishgd in Clay Minerals soon. Conference OoanJsatJ'on The CMG. un¢Jer the le&J ol Stev6 Hller and Kevin Murphy. th• ¢xg8rization for the XVIII Intemgtlonal C Conference IICCI in Dublln. Irdand 1>18 Juty 202S. The websit¢ is rthy Fopulat&J a lol of irrformatlon. Induding detalls on available bursaries lindudlng those from the CMG) and detall$ fty the call tr 8e88ioM ¥thlch wlll open In July 2024. Sotyal Metha The CMG'8 Twllter {X) a¢nt i@CMG_mln80¢) rwnains OM ofour IMrtant Mea ot cethmunlcatlon. Tho knnko(In Group (Clay Mlnaral8 Grcw IMinerSoc)118 ttirVj outreach to and cJ)mmunl¢aYon vitti industrial coleawel. Howle Aword- NovemLwr2023 W6 extend our congratulation8 to Marta Peiayo. S(hnJ. Franc4tco Javier Dlaz-Puente and J8rOnlmo L- M8rtlnez, who were w1nr$ of the 2023 HowT8 Award (Best Paper Awdrdl for their paFer, Ch8r8Cterfz81ion and distn'bthp)n ol¢lay minerals In soils 01FdeS Peninsu18 •ndAthy Island (Kiw Goo8 Islwxd, m8thne An¢88). Th•iT papor YMS pthli¥hed in ourJoum•l Clay Miner81s. Annual G•n6ral M8&bng and CAIG COMMe MembeIp The CMG AGM was held Onl1 on 21 Novemb8r 2023. Hen PeTrJknvrtkn was elected 89 Cha of the grwp and Ank• Neumann as the Secretary. Kirill Shafran was elected lo replace FrarKa$ Clegg as Tr088wer. Francis 711 remain as Jn ordlnary mwnbei of the committee, but wo thanked him dl (rf his %wJrk durtng line 88 Treasurer. The committ88 member#p for 2023r2024 58 a8 frJItrAry: Ghar. Helen PerKlI01 SecTetary.' Anke Neumann Tr8asurer'. Kinll Shafran Priwpal Editors Clay m[1&. Getyge Clwtstith8, Clxffi Hui ZP EDI rowesentats've.. BIrY Sarkar Members.. Megan Baker, Franas Cl3g. Steve fr111er. rn Kemp, Alastsli Marsh. Dwd Way Envlronmontal Mlneralogy Group Comnwlt88 Roles There have been sorn furth8r cnge$ to the rdes the EMG Committee snce the piewous annual Port. kng.serving members of the committee, Laura Newsome and jam Byme. have stepped (Sy*m from the committee. Other meMrg of the Committee have also léft ar so there is now a new.knk EMG committe8. Deskyte the than98s beluw, the committee is
actively 88d(Ing members. perCuY Itkxe ish lo j¢An in rde of Early C8ra8r ryrg58rrtav8. Th8 cwr8nt ommittee Is as foll Chair Luke T(yhnsond Secretary & EDI Repfe8enl81ive: Kath R¢thll (k.rothwpll Trea$uw.' Tom Neill Communication8 Offlw. lid( Kimber Earfy Career Repfe8entstive.' Vacant Student Rewesentative & Newsletter Edlior. Lath Haigh Industrial Rewiaentative: Aislinn Boyl bristc4.ac.uk) R8sg8rch In Pff•)rnss (P> M88bng 2024 The 2024 EMG RIP was set to takg 0¢e in Juty and was very su¢iss(ul. Th meetiw was hos19d at the UnOrSty of Manthestsrjoindy the RSC Radi¢xhemisty GroL4). A fiJl rwl was Submitted lo thg soty and is due for publicatlon in'Elements' magazine.The meets'ng brought logeUr researdws from a wde Variety of UK instttuknons and career stsges for a valua0 Iwo haff day meeting vknere themes that Vere covered induded r&Jioathve non-radioa¢Xive contaminated land, ggological disposal of rJdioacve waste, mining. Tre keynote talk w88 ddNered ty Prof Clalre Cothlll IUnlv8f8ity of Brislc41 vth08e eng8ging KI inloresting vh)rk interse¢t¢d tre two Ihemes of envlmnmentsl mlnerdogy and radkchemlsty very well, drawin9 on naturalty ¢xcurrir4 mine$ h8lp to inform dlspc6a of radioactive waste. As ts meellrg was hdd j(¥nlty wth the RSC RadIctlntyty 9rcup. trre was the OPF>Ortunty for EMG members to explore r4 area$ of 8aorKe lo they m8y not usualty be 8XP08ed. Inc111ng athanced 8ctrO$COple analytical techniques arKA modelling. This was al80 truè for memters ofthe RSC Radlochemtsty grwp yre attending and as such, good, InghthJl discu8Blons were had befvnen all atteNloe8. These wsthve interathong re 1 just limited to the prgsenlation 8e88lon8 a8 the cwond med was wdl attendad and thi8 prow¢Jed an invaluae ¢ywtunity for eTOr¥ to nthork wilh thelr paar6 In a more relax•d 8ettirs. r.-ItAI-_ Newsletter L8tham Halgh ccrfnue8 to rk on the nesletter ith the * vwwon avaFlthe here.. Ex ore Earfy Carter & PhD BuarieS Overthe year. sets of Earty Crnr & PhD [sary Te •varded. In Novemter 2023 on8 Earfy Career biwry was awarded (Rémi Rate8uI alongslde one PhD burgary {Bcwlharee Chomhom). In April. three awards made,. one ECR (Natalle 8yriJ) and two PhD 8tLthts {AKlan Friskney & Mingyu Feng). EMC fDublinJ Siwort The EMG agreed to supwt th8 cost of a speer at the intemational EMC ferenc% in Dublin. The Session ICry8tallisatic4) of cart•)nates." mhaniSM8, kinetics. methots. &4se s0$, and novel 8pplication$), organised by Réml Rateau, Invited AsNey King of the Natur History Musewn. Lcffjdm, to present theirwork on Tr¥ing Fluids in the Earty Solar System ng Cwb(nales'.
10- Goochgmlsty Group The Geoehgrnlstry Group promotes g9xtrmIsty as a th$U1n8, and enhare links ten tr many aw8 of geheM1Stry. We have 8 pticular fccus on eaty weer ge0c1lsts {PhD candidates and pxtdoGsl and look to provide 9W¢8$e for new geochemlcal tslerrt in the UK and Ireland. Our main actiwtse6 indud& an nUal Geochemisty Group R¢6earth in Pro3ress meeUrKJ in Awil yw {DurtM in 2024). a8 TAell 88 ruming FOSt<kthl awards, stud8nt travel rSae5 and meeting supwt. At ts AGM at th8 GGRIP meeting in DurtHm, a new Chdr VA$ appLMrrted (Paul Savagel. Thr6 brfngs end lo Marc-Alb8n Milleys rde on ts GG committee,. we WOLld like to thank Dr Millet ts his years of slertiw sVICe lo the ts)mmlttee, over 7 year8. Tr new cc¥nmittee cmr has sel out his &aion KAan aims to flus on th8 follwng a8pth'. IncTrase engagement across the UK. p¥b'adaty In Kademic in8t1to wthere preViY ttms h8¥ not been strong. as well as with industy Increase cro$&PSIG CONSraOn Increase tho abilty reath oftho G8thmisty Group to firalY 8UPPOrt the UK and Irdand geochem18ty ¢rynmunity. We are ccntinuing vlth our tr¥0 online pand discussion senes, ECR Skills Programme. and Out ofAcadamia- Into Scien. In tha past year we held ECR skils events enthd 'Thing8 1 ¥ish I kn when I started my PhD' "N8vKJatlng Peer- and 'Navigating PDRA pttOns.. G(yng forward, we will repeat r"ThIngS I wrtsh I kncw wn l Started my PhD' evént in the aubjmn of 2024. and have 8'Data vi8ualsliM' In wepwation. The Out of Academla ev•nts wgre prevhwsty ran 86 panels, but we n(hV moving to a WTittw fomat vthth profilgs availabL9 On the GG web61te 88 a resource frJr the c•)mmurty. hab plans for profil88 on"K4ov1NJ In and out of •c8demia" and 'Green energy transition. ¢mployeo8. We have put In place a peer méntor¥hlp scheme. ran forth& fir8t time In 2024. The Geoch8m161ry Group Mèntor Sclme IGGMSI is de8lgned to )rct ECRS and PhD students w•llh e8tabli8h8d goothemi$t$. ECR$ and PhD 8tudents ore memb8r8 ofthe Miroralogical Swety ofts UK and Ireland, the Geologlcal slety of London am eligibte lo apply. Menle88 were paired to merrt$ based on mentees, proforences exw08sed durfTrJ aPIcation {8.9. career stsge vs I1•ct •re81. Th18 fir8t yoor fiad 12 mentee8 {out of 25 8Fpllcanty [rIng PhD. ECR aTrJ t•thnlcal staff vlth UKJlreland'.over8efi8 ratlo of S..11 and 9 mentor8 (all dr from GG ccynmittee In trè initi81 y8ar). It w88 Y¥d a8 a 8UCCU8 by both m)tor8 and mentee8 arN1 will be agn In 2025. Th8 Geochomisty Group contlnues to award Lwr8arie8 to 8UPPOrt s¢witffi¢ m¢)eting8. as ¥11 a8 81udent travel grants. W8 8180 makg 2 awatd6 annu81ty, speerfi&ly I(88 on celetraty"ng thg succe88 of posl¢kns. These are awarded at the flrnt meellng in e8ch caleThJar year. Thi5 years. po8td¢xtord medal, whi¢h recogni8as the best paper In a glven year first- aulhorod by 8 po8ldc¢. wa8 awardèd to Rayssa Marb'n8 (c1199) tr the follohryng pw. Martin8, R., Kuthnlng, S., Coles, B. J., Krs8, K.. & Rehkamper, M. (2023). Nudeo8YnthcIs0t0w anomali68 of 21n¢ In moteorfles cStraIn the Origin of Earth'8 ¥c4atUe8. ScMnc. 379166301. 38372. The ECR wominent lecturer award was 8WArded to Dr Ross Vthiteford Iunivernrty of StAndrww$, n(vw at Royal Holloway). Thi8 awath fvn(ts 8 leLlure taur tho1 will allow Dr V4titofiYd to promote him8eM and lis resogrrth. Finally, our annual ¢ryrference. Ge(hemIsty Group Research In Progre88. IGGRIP) 2024 look place al the UnNersty of Dur from the V 10 11 of Aprfl. We ran Ihis event over 2.5 days, there VIE 100 delegates, representing over 20 institutSc4)s,' appxiMat8ty 40% of delegates I¥ter9d as stud18. The keYrte speakers were Drs, Elliott Carter {Ke8le). R8y88a M8rtlns (Cambrithael, Ertn McClyThwMt IDurh8ml aryj Michelle Harri¥ IPlyTrouthl. The venue was excellent lthe Teaching and Leaming Centrel ar the e£thmlttee Wld like to conw8tulate the Loc81 OrganisirvJ Committee {Dr3. Catr)n8 Menzles and Julie Pryiujokl as V4pII 88 M¥e-Aban Mil1 and Mari&Laure Bag¥d. and Kevin Murphy a1 Russdl Rajendra for helping to arrange such an excellent meeting. The crxnmittee woukj al80 like to thank the industy sponTo)rs. At GGRIP, the committee y1C1)Med 4 w memters to reF48ce deparb"rwJ members. AS Lrf 31¥ June 2024. the commlttee was composed as follows.. Chair. Paul Savage Secretsry.. M8rie-Laure Bagard Treasurer.. Jane Barflng CoMmunicatnS.. George Coop Ordinary Memters.. James BerKile. Catriong Menies, Kathryn Shaw. Hden Wlliam4 Davld Wlson, Eleanor Georgiadls. M&ddeine Stow
11 Ctsopted member8: QLwAe Chan. Savamah Mcwe Student members.. Fawn H¢JlarnJ. Chen Xu G•oml¢robiology N•t¥mrt( Committee meeting8 were held m 24110r2023. 27102r2024 and1PJCW2024. A joint R¢s•ar( in Progre86 meeting w88 1th the mir81( GfQUP, at the Unlver¥ity of Limedck, on 7- 8 September, 2023. New 181 media ccorthnators Te appolnted: N8da Tomlinson {NHM), Ktsria Magliulo (NHMI during the year. Th8 committee upaated Its 4b$ite details and extendeil sc¢ia media infM0ti0n about GMBN lo irreaSO mamtwship, the inlorests ofts net¥wrk to raise UlQlntwnthnal awarerb8S8. DIS8810¥1plannlng are ¢ngoK¥ for tho GM8N to ¢fftr stsjert research lsane6 {èxpa(led aLrtumn 20241. Di8OJ6sion is also ongoing about rn88lbility of ctictI)g the GM8N 2025 RIP ith a Geobio103y Society event. The Netsyork is acllvety involved in womotlng the rnw Mirnrico1 Sco'ety48mbri(Jo Unlverslty Pre88 loumal, Geo410 InterfaGes. We are F48nnirwJ that th8 seminar serie5 will restl in autumn 2024 V•ith th8 firnt We8errt80n by Dr Matt Slreets on. 'Th Tran8ibon Into lrnlu8ty'. 10 K•y Sknll8 EY Carn8r Re8¢arrTr.. W8 have d8volgd 60me time at commlttee meetings lo th8 c4n ¢OrtIn to s•rv&l$uppcfft our momb8r8 inlell8¢tually and wofes8lonalW' M•tamorphl¢ $tt4dl•¥ Group This reFort 8ummari8os the main Actiwties ol MSG. indlIng the fi89ship ReSe8h in Progr888 IFI'PI mooting. the Barrow Award. outreach irub'atrves and ccthmittoe meots'ws. 2024 Rftsea in Pwrnss meetlng The annual MSG 'Resèarch In Progre88' (RIP) meeting was hokl at tre Unlv•rwty of Brid cn 2&28 Math. Th me8tlrKJ compri80d a onfrday kinetks wrykshop. led ty John Vtheeler IUnlveNty d LNertod), frJllowed by a twdaY contsrence. The meetin9 wa8 held a8 a hYId event. with 39 peopig in pernon. and 16 jolnirvJ onllne. In total, 16 countrfe8 wère rOprè8t8d, refiectlng the irw•awThJ intematlonal profile of MSG. Twenty-saven talk8 Mire gfftn acros8 the two dgys ol the confernnc4. coverfng a r8ry lopbl spannlng from tradhlonal reOnal $tudi6 of MetaMPhiC tefran88 to modem mxhine learnlw aprKoKh•8 to Ftrogr8phk datasets. A Frf)8ter 8e88lon was al80 held cfi th8 fv8t evening, comwising alan posters. The meeting ffini¥tted th the pre$¢ntstiDn of ts 2024 Barrow wward to Pierre Lanarl IUnlver8ty of Bem, s¥tz1), 98ve a very thoLghl-provokirKJ presentation on 'Unl¢xking Earth'8 Semt8". Methods probing metamorphic Prcce68e8'. Ale881a BNn1 (AGH UrVerS1ty of Krak&w, PolaThll gave a f88dnattr¥J keynoto tslk ¢)n 'Mell inclusic8 in eLlogtte8 record deep alement cycle8 and e18vnorrt transfer to ts manlle.. Flnalty. Richwd Taylor (Zeissl gave a talk on half of ZelB8 mi¢roscopy, who 9?rQu81Y sponsored event. on the cuttinp edge of'How deep194rThng IJ thanging micro8copy', We were delightea that all invited speakers were able to attend the èvont in person. Alix Oslnchuk IUnivor¥ty of Brillsh Columts'a. Canada) VMS 8wardèJ the stLKlent talk priz•, a swclal ¢omm•ndaUon given to Hero Bain IUnwer¥lty of Bristol). Th¢)r8len Mathmann Iuniveryty of Bem. StZerlaJ) was &varded the best student poster priz8, with a SFrtid commendatt¢)n glven to Nthl8s Lla8 IUnlvw¥ty of Cambri(hJel. Specaal thanks to Freya Gwe IUniveNty d Bristdl for organising Ihg etIng. the Untversty of Bristol for hosong the event, Ze18s for 8pon$oring the event 8rKI the sludent pJster prE8. and John IAh8eler fc¥ rUnrn9 Ihe klnolts wortshop. 2024 8onDW Aw8f Dr. Pleffe Lanari wa5 the unarimous dKits anongstjuthjes for the 2024 Barrow Award. was announced via varlous 8ocl81 media plaffoms on 26 Janu8ry 2024. Tr MSG committee wrote an extended crtation, which can be read al ies during vthich he rec1V wd. . Plee gave an IrersOn avArd winner5 talk at the 2024 RIP meetin9. Student bur¥•rf The annual MSG 8tud*tt bursaries (all cthed C 31 Dxembw 2023. The committee agread by email CilatIOn lo rsaries to all Six 8prAicants, all ofth Sped to attend the 2024 RIP meoting. IUGS 'Second t. MSG is an offiual partner in the s818¢ti of The Second 100, IUGS Geclogical Heritage Sites by th8'lntemational Uniefi ol GeolchJical Sciences IIUGSI commissi G&)heW'. Tr IVA) metsmorphic oulcn)ps put fomard by MSG I Barrow Zone¥ of Scotland, and the Orijthm region of Finlar) have teen 8de(#ed in the final list. Tr second 100 are to te officlally
12-
anncm8(l al th9 3P Iremational Gedwcal C(yMJre88 In Busan. StyJlh Kor88 in AUg(t 2W24. Following revithver
comments, rev9 versions of the iwo submisgons ere sent in the April 21 deadbne.
EMC2024
MSG helped tt) promote the EMC2024 Crference, to be held In AjuSt 2024. 11 SFongJred &mon Schom (UThversty of
Mainz) lo attend the event as a keyncts for the 'Pwbal meltiry conlinental settiry8' session.
202Y24 thnmitt&e meetirigs
Online committee meth.ngs werè hekl on 8th NovemLv 2023 20 May 2024.
2024r25 ¢ommitte8
The annual AGM was abo ld at the RIP meetlng. committee membwship comwi81ng:
Ch8ir'. thven Weller (Unwerty of Camtsidge)
Secretary.. FChard Palin (Unfverwty of Oxfcrfd)
Trea8urer'. Batzl Flseher (Univty of St Andre)
Barrow award organiser. Freya Gege {Unlverslty of Bridl
student repfes8ntalivo and webmaster. Nichda$ LLKas Iuniversity of Cambridge)
Ccffimrtiee mémbers.. Catherine Mottram Iuniversty of PLYtsmuth). Barbara Kunz (Own Unlver8ty>. Clare Ivarren IOp&n
Univerty)
V8c£nt.' EDI offl¢w. Fldd trlp organb80r. Intèmational
Mlnoral Phy•l¢s Group
Rese1h In PrDgrn%S me•tlng 2024
Much ol our efforts over the past year warn lo$8•Y M pln[l¥j ow Re88arch in Progrn88 m••Ung which took place at th8
Dopartment of Earth Sciances, UnNersty College L¢th the 18b) 1V of JY 2024. Thls Indudgd deslgnlry the
event, Setting up a regislratson website, adverb"&ng the ev•nl via mailing lists and Ttter SnvlllNd speakèrs with a VI to
8n8urfng a careful balance of gerKler, career slage field. The meets'ng wa8 wNnarily an 'lrFparson' event bul did hav8
onllne attendee8 aleo. Al talks w9re TKorded and made awlatle Ilyough rneetlng b8rte. 8ec4u8e of th8 central
London location. booklng a venue for the meetiThJ dinner wa8 a challenge. ¢Jpted to COV the ¢ost of the meal for
attendee8, Me8n9 th81 we lAd pre-book a venu8 at 81rkbock. Unwersty of London. Overall, our cost tsthe m8efjng was
higher than In recent yearn. £1750, meaning a Sm1 re11 in our Lget suWus. After meètlng con¢1$&d. ourAGM
W88 held. vth8r9 Ihe deu81M lo Invite aFpIKalbns for a new th8ir and al lea81 one rMItt0e mamber was agreed. It
wai a18D doddgd that tho naxt RIP moowng VAII be hcied ty Ergh.
Student burnarl•s
The MPG run8 8 81udenl Tsary Stheme supports student attendvth at 8¢ientbfic V•r)rkshop8 meetirvJ8, travel
expense$ rel8t¢d to research VIts ar $m811 UK-b88ed re8earch proJ'e¢ts. Snce the last rem. V+e have had 2 8pplicants to
this •chemè, t
13- At the cLynmittee meeting in June 2023, il was deaded to move winter committee meeting online, to be held in December, r8th8r than haviro the main committee meetiry at the January VMSG confer8n. given time pressure8 on the ¢fence schedule. This also meant that final disCuon8 on c4)nference strlUTeS can be amoNJ the commrttee, aad of the confererKe. A shyt. irrformai committee meeting Was dso hehd in O(Xot¢r 22310 progress di8cussM)ns on 60" AJ)niversary Flans. We will retsin the timing of ne and December for the man c¢xnmrttee meetings in the future. Key discussion pc¥nts at the Ccember meeting were F4ans for the Bristol January 2024 conknnce arKI final de510n8 on events to mark the VMSG 80th Annlversary (see bdow). A secoTha committee meeting was IK%ld in June 2024, where maj dIsCs1On polnts were plan8 tr the Dublin 2025 conferenc. alongskle Lwated on Annlversary events 8nd an Lydaled VMSG EOI SLwvey and rep)rt. A separate awards meéting was hdd in April 2024 to make deas)n$ i)n student trr88r1•6, whith worked well and made thè June meeting more streamlirnd. A short committee meeting was also held at the January 2024 meeting in Bristol. The new sIrlure has the neffit of ensurirg more 1&3¢Jar conlact among Ihe committee through the year. Conf6Trnc&8 The Annual Wnter meeting held at the UnNersity of Brf5tol from >5 JanLOry 2024. There were 201 in-person regIStrts and 10 01n8 attendees, a 55'.45% spif( of skndents to n$tudents. Trys balanee was relained in the division of 43 or8J presentatio. There thire 115 p)ster we$tiL8. There wa$ a split of 55'.45% female to male identtyng attendees. cOnfere sessions ¥Ie all mixed in terms of theme and inc4ud&J pwentSons from the three VMSG award winners. Befue tha conference. four woth8hop8 OpJa$ed. wth 55 parlclpants overall. The wKirkshops waro led by various members of thè VMSG ccfflmunity, on Ihe loiics ot. satellit&based vokano mor#loring; data vi8uali8ation., volcanotss and their inlefs8etion V•ith so•.. KI an ECR fèlluwship wrriting Vthlh. Tr conferewi was followed by our AGM vthere we communicated and discu98&J VTrASG eommitteo aLvfaes with the membèr8. hosted foNms with styont memb8r8 and Eady Career R688archers and a new forum d&11c4ted to equalty. (Avw8ty aTrd inclusion. The Confere sbjdenl award8 went to Tegan Hav8rd (tslk> 8nd Ceri Algood (postef). We would like to rwd thank8 to all olthe IC ¢yganlNJ Committee of Pele Rcthley. Jullet 81ggs. Sam Mitc11, Aiha Nol•mith, Matt Watson. E¢Jna tknl•h and Vlbb•r. Finances The total balance in thg VMSG account on 30108r2024 was £32,372.74. Thls Va Is unlikdy lo be able to 8UPPOrt the full CO8t of ¢ov¢rtng an annu•l ccthffjnce In a VrSt-Ca$ s¢enado 80 8tt6mpts ¥AlI t mada lo gmw cmjr bank balanc8. erthe year, the committ8e Iravd experAe8 indude $ts incuThed for atteTrYarKe at the VNSG 2024 8r18td conforence. A totsl of eight travel bursaries wpre daimed In the rwrting period. One %wNk8hop at the Natural History Museum wa8 8upport•d alorvJ8ide 8upwI for the inaugL¥al IAVCEI VIPS conference. Awards exFerKlilurn inrJude8 £400 for the WA 8rd wnner (Edna Dualeh) and £300 for studgrrt prize wlnneTJ tregan Havard and Ceri Allgotrll at the VMSG 2024 BriBtol confer8nc8. Expe88 catg3orl8od under'olhgrf IndLKl8 an annual wjjrt chaTg81£592.00), and a copyright payment 1£101.501. £840.29 wa$ Spent In SUFWrt of Cwro H8¢Y$ travd to fewosent VNISG at IUGG {8hcMn In 'Meetiry6 and Conferenea8 SupKrt and DcA)alw'l. We r•¢6ived our annLHI ContrittrOn of £2000.00 from the parerrt SOCIleS, £433.08 in int•r•st from investments, and mlrKJr relmbur¥•menls from VAT reclaimed. al80 received £3.428.68 in surplus from th• VMSG 2024 8risld conferen. Tho ngt thange In tha VMSG bank balance 12107r2023 and 30106r2024 a1058 of £1298.97. VMSG Aw8rds and 8Uary nn& In addition lo tho stLthnl awards yosth)bJ at the Bristd me6lNig In January 2024. vn presled at 8rf8tol Ihe Wlly Aspir11 award to Edna Dualeh (Univety ol Laeds), the Zeiss Award to Martin Mangler {Univerrity of Durham), and the ThemoFisher Award lo Clive Qppenheirnr (Urtpmrwty ( COM.dgel. The 2024 awardg Mll be Weed later In the year and presented at the 2025 DU1n meetirys. Two stnI trusarigs wer9 awardgd In January 2024 arKI. follvmng the rgvised award5 timglinè, with dea%ons now lo te mwjg on awards rounds in Awl and Octoter, t¥ futhr slLNJent burswies re larded at the April 2Q24 awards meeting. The Henry Emeleus award was also ad at that meetiTrJ. r awards (xitoria hav8 c{tiN•j to be a th8CU88ion point at committee meetings, ith ¢hangos implemented lo th8 awards timeline. as noted above. and to other raquiremnts. The studant rSary appltiOn rounds have been mved lo March and September. to b8tt8r match with the main conference arKI ffield season timing5. We have also moved the appllcallon de8dlSnes of the Henry Emdeus grant and the Wllty Aw'nall and ZeS3s awards to ¢dlde ttie8e dales, 80 Ihat award8 can be dealt with In slKJrt meetiros 8epar8te from maln commlttee meelngs. The main committee award, the VMSG awwd, VAII also decAded at the Autumn meetsng. Chjr changes lo submisslon rules are Ign&Y to mak8 a$81b111fy lo these awwds as wide as PDSSit4e. VMSG committee members carux)t rnminate for ary award {dthough can self-nominate for the Zeiss arrI} wll not be invofved in ev81u8ting ary award which they are eligble. Memtwshlp Our on-l1 presence ran&ns lty adive. InfomaiiM is disseminabl lo the group members via our newg18tterwhich 18 drculated qu8rt&ty to 8 m8iliro list of-1000 [0è, via thè VMSG wetsrte and xbve sodal media accounts. VMSG Mer3 ¥e self4denb"fying we keep rn li8t of memkrs. During the past year, cr EDI officer led a new suNey, which has fed into a rwt thatv•ill fin81ised durirvj late 2024. lo he us better understand our commwMIy.
14- VMSG 6 anneary events The Bristol meeting marked the start of the WSG W Ane[sary events. At the meeting itself. this induded a keynote tslk from Prof. Steve Sparks; the Organisatic of an art arK1 pmtography exhibOn, vthich wa8 displayed atthe conference and w88 aiso used to produce 8 60 Anniversary calendar. the Bristc4 VolcaTrJ Film aTrJ Art Feslival, which wa8 held immediately after the Bristcl ¢feren at the Watersd verth. InVrj the s(¥eening of films (one llh a free scrn8nlng). di8cus8ionlQ&A. and art exhibrts and acwbe81fr8e enty). A 8wies of seminars has been rww)ing thr 2024 al unlversiti88 UK orKI Irdand to mark the 80th AnnNersary. The8e are, whwever possible, streamgd an¢C rrded for the VMSG YouTube chonnd. They we also opgn lo the public and to students. Generally, these he Lwn part of Ictsl s•min¥ series Ixrt badg•l as part of the VMSG 60" Annfver8ary events and via stnLtures. in ldiOn to loc adVertI.1¥d. w0$hop$ and ¢her events Two events We supported by VTrASG Sn Juty 2023.. the Senwng Vdcan¢)86 e>hiM, wlich ft>ed part of the Royal SoLyety Summer Exhi"b'an, and the Resear¢hoFS Responding to Vokanic Cflsos wcAk8h¢)p. YouTubg, Social m8dla andw6bs#8 Sodal medla fdlowrvJ8 have contin1 to gr(w gradualty thrwhoLrt 2024, with ts exception of Twlt8rlX whith sllghl dettease in the Lqtter haw ofthe year <1U thi8 h8n't unejpeded, glven the ccnb'nued Migrat of demiC8 from Ttter to 81ueSky). From Cttober 2023 to October 2024. loll¢y•&prs Twittertx total 38118%. In8tsgram 65 110%. YouTubo 28 1 10%, and Facebook 4 11%. Specik detalls are a8 fc41¢M: 81 . Over the past year V have rKe¢ved 3.283 lotalllng 108.9 hour8, which is roughty equivalent to the prèvious year. There was a spike in View8 as8oclated wth feleaso of tho r?rding8 frryn the first of our 80° annlversary 88MIna in May 2024. SUbriPtiO to wr channd are ¥orndi¢ thrOhOut year. Of our m08t walthod VKI•o8, the malorfty are recorded cg)nferenc8 presentallcffls.. 29 have >100 views. Our most watched rem•lns'Addresbing 1nequ81KS in thg VMSG CMund1th 822 VIV lo date. Traffic to video81s mosljy from a mlx of playlSst. extemal and YouTub• search sowces. befvrten them kIng up 63.8% of vie4VB. The main •>lèmal 8our¢o1 ore Goo6 8aaTch, Facebook. X. aryJ the VMSG webslte IlnclLxling preserrt•fs linng to thdr own talk31. I2@1.. Qjr twed8 over the past year have usually 9gnethd-7CK).2000 vitrws each, u81 Mith a dozen or 80 'Ilke8' and half a dozèn reposts. Engagemert h$¥ ¢tirje to drop 6inc• Ek)n Musk's takeover and aB8(Kiated ch8nges lo the piatftym. vknich18 refiècled in the fact that Jwe )d October 2024 wo108t fdlowerB for the flrst Ilme. Recenfjy, our most ¥d/reeIed tsveels have Inve4v aftur¢eMents for INSG ard nomIro, and advertisement ofour eo, annivwsary sgminar wies. Oe8p4te the fnt drop, p've seen an ovèrnll Irueaso in new follor$ over tho past ye 1381) and surpassed S,000 fd1¢)¥T3 the eThJ of 2¢y23. 10 has eeemlngly been no movom•nt on Mu8k'¥ threats to brlng In a $ub8cripts'on mod81 for 811 users, bul the apparerrt MISManagn8nI of the plaffcm and proliferation of dl8lnfom8lbon le8pKidly regard to 8cienbft cont8nll has 888n a stoody migrnb'on of 8ca¢ntists and soence communieator8 to other plalfom)8 gs Bluesky. A8 have also been able to establish an •¢¢ounl on th platform, we can engap Iho8e thal have moved and are yel to by p08ts btsing shared on both ui tandam, and trend8 In follower8 for both can be monitored goirs fr)rward$. VMSG Gommllt89 2024 Chalr Prof T8m$in Mather- Unlversty of Oxlord Honorary Se¢xotsry.' Dr Seba8tson Watt- Univernlty of BlrmirKJfom Hc0rary Tmsuier.. Dr James Hithey- Universty of Exeter. re•.n9 Dr Saml Mikhail- Univerxity of Sl Andrthys from January 2024 Ordinary Memto Kalle Preece (Equdity, Diverslty 8rnJ IrthM Offi Jamgs DaLziel {Soryal Media lead and thaduiry INeb manap Emma Nthol6on (Liul (Awards and Bwri6s> Br8ndan McComid( IEventslOutreach) Pgte RovAey IEventslOutro8d)) Lara Manl ISp)nsorship) Clalre Hamett IECR Rep) Ed McG(7wan (Web man8gw) David Neave <Nevletter} Rahul Subbaraman Isbjdant Rep) Kerys merleW (Sltht R4)1 DISTINGUISHED LECTURER PROGRAMPIE Tho distinguished lecturers for 202&24 were Prof. Claire Nichdls IU. Oxforf) Prof. Chris Greenwdl (Durham U.). Betsveen them, they delNered lectures at the Universities at Manche8tw. Exeter, Edinburgh. Aberdeen (Nicholls) a1 Cardiff, Dublln Iunlv. College) and Greenwth (Greerwdll.
EQUALITY, DIVERsiff AND INCLUSMTY The EDI Commlttee met three rneS In the peri¢xl (Septem. .23. Janu8ry'24 and March '241. Thg Commlttee ¢omprises of a Chair {Laur8 Keltyl and Chalr (Ana Sanlosl, lopther Salty Gib, Kevin Murphy and a dlvetse gTQUP of members repre5enllng all the SIGS, some of V4tsyn ar8 nchv retired frorn the ccrfnmittee. tha perood in questlon Ihe followlng We membeTs of the Ccffimiltee for al least part of the perKrtJ.' Kalh Rottrwdl. Anna Bldgcod. Binoy Sarkar. Queenie Ch8n. Savannah Wome, Cllver Lryd. Katie Pr, Ece lfjral. Katie M&Call. Hd8n P8néhwdskl and Fr8nce5 Cooper. The Chair would Ilke to athn(Avledge the valuable Input of all past and prewt Committe8 memb8rs and thank them for their eff¢)rts, whilst also encouraoing those who be8¥8 they wuld c>)nknbute to the Secre8 ongoing gfforts lo fo$t8r EDI. to consider becoming an EDI Committee rrffiiber. Pknse OtaCt the Chair, Vke Chalr or Ktin Murphy if you have any querles atKl Committee membership or rrje extakn. 15- Whllst the remit of the EDI Committee was arKI remains Lvoad. we have foojsed our efforts during the pedod on advanclng three key as, namely mwnbershlp. awards and m8gtings. Wllh membershlp our goal was to gn5ure a unlfied and on 8pproach lo increaslng membershlp numbws. broadenlng our geow4phul reach. and m8klng our membership more 8ccesslble and appeallng lo a w¢Jer range of people. geographlcalty. ec1MIcal aFKJ respect to career stage. To achieve IhL8 wo have thought long aThJ h8rd abtyJl wordlng on the website. in addilth lo membefship rates, our free membershlps and membership benefits. The results of ttis InchKle a doubling of thg free rrnber$hlps each year1150 to 3001 and an extension of the fr86 membershlp pgrtcd lo three years. logelh8r other benefit modlflcallons Il$1gd on the memb8r8hlp pages in .or One of Ihose benèfits relates lo the sacond of our key areas of focus over the perl(xl, meetings. Meetings 8r¢ now hfvid a5 slandaTd and we have g¢nef8ted a calecklist ts th080 ganlslng CferenCeS1meetigs lo promote iJiver¥ty, iU51ty and equality at al stages of organlsalton l. As part of our revlew ol meelings we have thght 8boul our Code of Conducl en$ur8d greater vlslbllbty on the Min& vthte. In addlllon we have made synificanl prc#Jress In dlscusslcfis on how members and meèting attendees can report Inudonts ol bultylng. harassment, d1sulmlnati or any other unwanted and nacceptsble behavlour during Sodety events. Finally lo awards. In revivAng tho wcrfdlng previously used for oach award the Commlttae recognlsed that there often amboullles, and at times coftditions and ellglblllty dld t take Into conrAderallon issues suth as career breaks. These Issues have now been fesolved on the awards pages and ell9lbllity crfltria more robustly and coh¢renty descnbed. We have 8L80 exlthth the crfleri8 congd8red. movlng from th8 resirl¢lve '8vldgnce In the form of publish8d resgorch" lo a broader range of eonslderains. Furthermore. one of the koy deb8 aUnd awards was whether p8cpkry should be to s6llallt)rlnatelapply r8iheT than reqTr olh8rs to nomln8ts Ihem., It was de¢lded Ihe fomier would be standartl gotng lopr #nd the website r8fiects thls. FINANCIAL REVIEW Tr•a¥ur•rf• R•port Thls report13 underplnned by 8 full set of aCCnts which have been 8udite(I by an Indendent audltor. Thls measure Is in place to ensufe th81 Soclety Is bein9 run In acccrfdance with Its charilable slatus. and glve a Iruè ¥1 of Ihe financal posltlon of the charlty al thls Ilme. The maln 8mmary of thè nm• and exp8ndlbJre ol th• soclaty (an be 80gn In Fl9. 1, In tho con8011datod Statem1 of flnancl81 ac1v8S. The Se<iety has an opw8ts.ng defidl of £38, 984 (expèndliurè exdng Income) for the year. Thls flgure might seem Inltsally daunting. Imrt I hope thi$ ¢Jocuffnl can explain some of the fèasons behlnd Ihls. When we onsider however the re-v8luation of property, and n81 galns on Inveslments, the ty'S lolal funds stsnd 81 £1.476,139 (compared to a value of £1,406210 fw the yeai June 2023) and so I belthe the 80cl&ty Is sllll kn a hèalthy finandal sltuauon. Iorn• 5.428 W2.264 -341,248 324115 437. 41.ia2 117B 15271 rnk13 67,761 78,913 N•llloThm•ntln Fun Tow FundB 1 Jlty 2023 FdI X) 2024 Z178 XI,529 I,4210 1,4LKI.163 32 1.47ql 1..210 Fbur8 1. Summary ofts Sodety's finarKi81 athity in the 3(th Jw aY24 c(ffikwed to the prev$ year (see p. 23 of Ihes9 audited financlal stalements dateil 29 Novwnber 20241. InGome streams to the can be seen in Flg. 2. Investment Inc remains relaifvely ste8ty. Inue8slng slighly compared lo the pTevlou8 year. and membership Income seems to contsnue to decrease, down 41.700 from last year. The Speclal Interest Group ISIGI In¢xxne has ifbcreasad by arwn¢J 15% fTom Ihe prevths year. The main shlft In inK8 Is due 1.443.432
16- 10 8 drease in monies frcffl Cambridge UnIvty Press. for ourltsJmeLs. around £30.CW compared to the year endlng June 2023. This Is sthnethlng Sodety wll ne&J tt> factc into buW'rwJ moving foTh¥ards as the publishlng landscape is changlng. coupl to ts decrease In Incomels an lft(Trase In exp8ndliuro IFWJ. 2). Tho SIG eXpeTh1ttu has increased slgnlficanuy Ibeyond the increase in income} and I think shId be tsken as a positiv8 stgn- Ihe SIGS are increaslng theor activities agaln follon9 the recovery from the pandemic. and a supwrb.ng mre travel bursari8s and ferenCeS than in rwEnl years. It should bg hlghloghtsd hwe thtsu that Ihis Increase In expendhure is all agalnst mcfiies already held in thdr Indlvklual accounts, thgy are all In credll (see note 11 of the full a(wunts for the ba18nce of eaeh SIG grtyjp vthin the maln SIG aecounl). Other eynditure has largety Increased as we would expoct. orru expenses hève Increased Istaff renumerab'on, Insurancp. ulllllies eic.}, bul the balance of exponses a$ed to tharitsble aafvity compared to Ihose of govemance remains relat1ve constsnl. whh 76% of staff time. costs arKI 0ffi¢g Lwge SUPForUng Ihè charrtable acuvmes of the som. and 24% spent on g)vemance 8nd Supp tsts. This is Comparab lo th8 benLmarks suggested by the Charlty CmIs81r. 2745 140.101 1Q I•AO) .18.0 iJo 487 10.327 IMJ? •7.1•3 1¥.2n 212 114.211 FSgure 2. Summary of Soca8ty 8nd expenthlure for Ihg finandal year enthrwJ 30th Jung 2024, vAth the previous finan¢ial y8ar slknvn fN ¢omparwn Is80 p. 24 of Ihe86 a[ fina181 ¥latefflents d8t&J 29 Novomber 2024). Flg. 3 shows the balane8 sheet for W Jurse 2024. Thls Ls useful in comparing our assets to Ihe prevf(MJs years. The tanglbb assets1£375,2231 indude rhe value of office fumiture. (x)mpuling equipm8nl etc whlch depreciates in value over time, bul also the office 01 B8ylis Mew5, whith was r8-valued in June 2024 (valued al £375.000} and a¢c¥)unts for the lump in Ihls value compared 10 2023. Cxjr InveStMts hav¢ Increased wbst8nllally th1$ ygar, from £837,541 to £934,719. As ever, Investments It Is importanl to note that suth irthases cannot be expected y88r year, and this is nSIderablY better than Increasey seen at the year erKilng June 2023. To rep8al fr thg inlb.al paragralths. overall Ihere has been a 511ght Increase Sn the overall net worth ol the dwAty. Flgure 4 compares the sodety budgeted spend compa1 to Iho acaual SpMI (lUMn Rees Year ended June) and the drfference b8fvfftn these values. Lookjng al the overall pure. theTe is an Offs of >£58 OW Jess irK)me. and
£16,0 less expendlture, meaning an overall v8rl8lkJn of £42.cl0 tween Ihal budgeted atid actually spent. The budget anticapatsd a surplus irt¢xrfn8 01 £3,413. and the audited sh(r*V an excess of expenditure of £38,984. Most items differ by <£5000. ExceplRJnal deviati¢]ns lo thbs Indude the pr6vbousty mentioned irKr8ased SpdIng by the SIGS Iwhlch Ss diffIj11 to predict by the as this responsibihty lies the SIGS themselve5. and highlights the Importance of the SIG budgeJng process). and a predictsd inc£ffle frn conferences of £20,OCrf] which wll sh(pwn In next yearfs accounts. Olher smaller flucIuOn$ in pdICted vs acttjal income and expanditure ¢xipJr within the individual publicaflon streams. Devlalions from predi¢led spet)d5 to actual spends fcK generdl costs are much Ichyer indmdually. and show a rèduclion of £15.973 actualty spent o)mpared to budgeL
17- •JI 71B i.ivJ IK1•7 i(n4 Flguro 3. 8alonce 8hg8t knth8 SOcty for ye8r 30th JunB 2024 pr8vknu8 yoar kjr cixnp8wlwn p. 26 of
18- mINERALclCAL soaEfrs BUDGEf 202312024 JIA EuP Fl Flgure 4. V8rl8w of budget frx financbl year 8ThJlng &)th Juna 2024 vernu• 9xp8Trjlt kn the 8aTh pr1 Itheuo cakuJallon$ from paFeTh%t prodwd prh)r to al outht}. INVESTMEPn POLICY AND PERFORIUNCE In accordance wllh the BytrLaws. the Slty Trustees have appc4nted investrnenl manag8(S to lrnplemenl th6 investment strategy la copy ofwhich 8va118Ne ftr in¥¢ti from Society olficl and ensure ts safety of the underlying fuTrds. Cazenove Capllal Mana9ement Limlted were appolnted durirwJ 2011 as IrN8Stsnenl managers. In 2022 a fomal investmenl pdlcy was approved by Coundl. RISK MANAGEMENT The Trustees have c(idered end reviewed Ihe major risks lo whth the SrThty 1$ exposed. Trustees have a risk man8gement strategy (a copy of whith 8v8llable for inspeckn from the Souety olTrGell comprfses a regular revKgW of the risks to the Society arKI the e5tablithnenl of systems 8nd procedures io thlify those risks to enablè the Tnjstees lo Implement a¢lon to mlnlmlse any pol•Ial wnpact ¢)n the Sooety Ihat SWJ arise. A key elemenl of the manag&mefTrt of financial rtsk is wa a review of the reserves pdity arKI obl&tives of achthing: 1. Long-t¢ Capital growth io sure the future sustainablllty of the ty.. 2. An Option lo draw d¢>•yn cash fr¢)m the Investhients to SU1 ts actt"vibes of the SocJety by:_ a. providing financial Sup for meetings and conferencos: b. provldlng finanaal support for jwrrls when need&J" c. providlng Mcn for dona"M5 aTrJ awards". contributing lo the cost of Ihe 8dmirMstratw)n need to SUPFth the Sodety's acllvitie5. The prlnclpal funding sources for the s(ty 8r¢ the Tr(rf8 conferuKS 8fKI from the publlcabon of loumals and books.
19- RESERVES POUCY The trustees conslder that reserve3 in the region of six Provide sfftent fund8 and Ihe S•,8 balvm sheet net currènt assets are in excess of this figure. PLANS FOR THE FUTURE Plans are wall in hand frjr 2025 hosting of the EuroFean Mireralogic41 Conference in rAlin. In c4Jnjuncbon with our partners al Cambrlthjo UnIvety Pr888. we ¢tile With efflS to prOle and attr Cont to w rwi joumal.. Getr&o Inlerf8C4S. STRUCTU GOVERNANCE AND MANAGEIIEpir Tha Socl8ty 1$ an unincofporated body its legat ststtffj is as a thrty urvjor UK LWJ, Registered Charity Numker 233706. 118 go¥emirvJ dccumenl is its ByerLaws. The Sodety, a memtrship org8lllzatbn. indudes Honorary Fellow8, Fellows. Members. Honorary Members, Lrfe Members, Lrfe Fell, Emerilu8 Membgrn. Emertu$ Fellows. Howrary Llte Fellow8 and Student Members wlw) are elected as yesubed by the By&Laws olthe Souety. Al membérs of the Swety are eligible for memb8rshlp of 9t Spe1 interest The Swy18 govemed by a C0clI cMw8ting of a President, a Genèral S8ergtsry, a Treasurer. a PulJi¢ations Manager, a pU1C Relaticw Offter, the PrirPaI Editors of minern10Cl M8gazlne and Clay Min&f8ls and up to 13 ordinary membws. Two vitrPreSKlts are nominated fr among the dected Coun¢il members Counal mèmbers are prOpd by four Membtrn oftha Swety and by the Counal except in CaSO8 wh¢ffj an de¢Xon Is requlred. The MInIstra110n of the S(Klety 1$ urthrtaken by staff from 8 General of in TckenhaM, which 16 under the wJwrviwon of the Executlve Cxrector. Tha Society has eight specia intefesl gr(MJs. 8ach Martag by a c4)mmittee. The el1 groups 8re.' the Applied Minors109y Group, the Clay Minerals Group, the Environmentsl mIra109Y GnyJp, the Gec(emlstry Group, the Gaomlerobiology Nehyork, the Melamor1C StlIes (), the Mineral Phywcs Group, aThl the Volcanlc & Magmatic Studi08 Grp. The Geocheml$ty Group. the Pklamorphic st8$ Group and the Vdcanic & Magmats'c Studi88 Group are loint Groups wlh lh8 Geolcgieal Sooety of Ldon ith ttld) a fcffiial Memr8nthJm of Understanding wa8 signed in 2001 cov•ring a number of ar••8 for ¢fyLywthn. RMtrlct•d Fund- 3u$talnlng M•mb•rnhlp Fund £1587 w88 ral8ed from the members towards the 8ustslnlng mwnter8hlp fijnd. fvnd was formalty establlshgd on 1 January 2010. The money is ring-fencéd wlth 90% invested so that the fur¥J can grow aTrJ eventually bKomg self- sustalnlng. Tr other 10% is usod to subs1d1 th• fr•• membw8hlp8 bursario8. RtrIct•d Fund: th• llY A•pln•ll Prlze Fund Thi$ fund was e8tsblishgd by the volcan & M8gm8llc StL¥Jles Group durfng tsrty 2017.The Society manages the re8trfcted fund., it is expected that £800 Fer year will b8 disr5ed from fund. 4400 a$ a ¢08h award and 4400 to attgnd the annual VMSG meelNJ. The •ward wll be mad8 each ye¥to the le•J author of an outslandlng p8p8r on 8pplled volcanology publ8hed (ln Engll8h) within three years of the lo&1 authcrf being awarded a PhD at a Unlversily in tho UK. The prize is named in honour of Prol. Wllbl A8plnall, a at the Unfver8ty of Btstrl ond a hazard and rf•k 8denc8 ¢on8utt8nt. Truste6 Inductlon •nd Tvalnlng On election lo th8 Counal of tho Mlneraloglc81 Sodety. an IpadUal oswme8 a n7b¥ of re891108. It18 incLwnb•nl upon those now coundl membors lo fwnillarfse th8m80th vith thelr respsIbIlIties. This 1$ adieved by reading the Socty,8 8yLaws thiYougNy a8 wel as reathro the Ch Commi88ion D(Ument on th0'ReSpcslyll1les of a chanty trustee,. Trusteès are reminded that thoy are accountsbie in law for the g)vemanc8 of Ihts Sociéty. The term of office for a Councll Member 18 three years. meaniry that thwe 11 be Cwn¢yl Meetings during a temi of ¢)ffice. Members are expected to attervj all of these meetings. It 18 also tak that Ih¢y have familiarised Ihemsefves wth trle papgrwork circulated yior to these meefjngs and be prewed to ccrtribute lo relevant dis88ns. Mèmb8f8hip of any of the Stsnding or Impmmptu Subcommittees 15 encouraged and sometimes be a more diract meanB of contribLrting lo t devdCpMt of th8 Swety. All neIY elecled officers magIng trLtste6s ¥bJ C(u11 Memb8r8 no1 io ctyffirm to th8 ExecArtlve Dlr¢¢tor that they have read ond undgrstCp)d responsitilitres aceonlingty. Committoos The So¢iety has one formal administrative eommittee mt8 regulafty to ¢j8¢X Tunnlng of the Soclety. i.e. it8 flnance. publications, meeting$ etc., gs wel as all matters of F(Jlicy. This is the FInaofficerSUblIcth.OnS Committee. ch include8 the Pre8iden( Ihe General Secretsry, the Treasfftr. tho Publicabws Manager. the pu1¢ Rdalion5 Officer, the Prtnupal Edftors of three joumals and three Custc#Jian Trustees. The govemlng body of the Soaety is the CcthK41. wthich rISeS the a¢Xuaf charity Irustse8 ofthe Scdety. l.e. IfJ80 w are leg811y 6p)nble under charrty law forthe running of the OrLzation. The Coundl Indudes the offthts. the hairpersons or nominated re$tiveS ofthe ht S.?1 inlern grp5, and 8ry Fellows or Members are elKtsd to the posib.on of or(Inary member of Councd. Volunt•ern In addition to those volunteer to Serve as members ofthe commrttg85. there are ¢knr members gNe of their time to benefit the Sodety and the subject ty wilting material for wbIatkn by ts Society. edrbng Buch materi, by (xganiziTrJ
-20- ccrferenc88, Stth-courses, field trips etc. (for miner suontrsts and for public at large), aThJ by offering expertise areas such 8$ W1>te database man¥merrt, marketing. design. Ftt)tW8pty elc. fjth0ut suth suppryt, running of the SOcty Wld undoutledty be less effth Key Management Pernonnel Rlnall0Th Senior management pwsonnel. to whom the trustees have ddepted signifirt arthtyity or re¥IbIlity in the d•y-ttrday ruming of the charity, have trjgir remuneration revith¥&J 8tthe November meeting of council each year. The salaries are bench-marked occaslonalty ag&nst those of simi18r Leam&l igti85 arKt with bsts provided by orgLiatiOnS SLKh as the Science Coundl (UK). Stxn&pnI increases we provlded in li with staff perforne., cost-of4iwng increases are granted based on the Con8umer Price Index {wodwed by the UK$ Olfice fLY Natial StatistiC51. Both fcrfms of incrgase depend C the finanal heath of the organEall(Jn. Webslte The SodeV8 website is locxted at wMw.minernoc.LYg ar•J contain8 upto4ate inf0mn atx)ut the Sooety. its wblications and Its me61ing8. The wetjdte Is managed and updated by Execuuve D1ctor. Cllmt• Chang• A8 a 8aentrnc scciety, the Mineralo9it81 Sociaty tes responsibllty for its footpiint seriously. Our Officers,, Councll and SIG committee meeting8 for the past Q)UF4e ofyears have all bèen tr1 online arKI this is likety lo continue lo a slgnrflcant extent. We arn akn maklng It Kwit4e lor mwry of our •dffitifi¢ e4ents to be attth1od vlrtually, avoiding, tr rwd for oir travel. Tru•ts•8' rn8ponslbllltlM In rnlatlon to th• flnanclal •tat•ments The Charity trLL8toes are re8Fon8ibl¢ for preparing the Truslees. Annual Rewt and finan¢AO1 s•M•nts In oc&Ydan¢8 vAlh appllcable United KIrn A¢count5ng Slandard8 {Unlted l(n9M GenlY A¢cortod P£COtIng Piad¢o). The law appIlble to chwities In ErylaNI and Wales requires thè cty Iru8to•s to pr4)aro fOn8n¢l ststomants ts ¢a¢ year whlch give a true and falr vlew of $tsto of affairs of th8 ch8dty and olthe Incomlng r8$ource8 applicallon of r080urc•$, of the charfty for that wri¢>J. In weparing these fln8nd81 statefflentB. the trn$l¢e$ aro rnqulred lo.. $•lKt sultable accountlng policies and then appty them con61.. obuerve the methods and w11P195 in the ap1¢tle Charllles SORP make judgements and e8t"mates that are rea80nable ard pnk1ant'. $tste whether aPIcaAt a(tountirg Standard8 have boon folol. Bubieca to any mats81 doparturo• that mu8t disdosed and exp14in¢d in ffinanaal statements.. Pf•pBf8 financkgl statem•rrt8 on thg golTrJ concem baws it18 to preBume that the charity wlll cont)nue in bu&ne88. The Inffjt888 are r¢8ponwble for kwng F0pOr accotIng rnc¢Kd8 tP0t di$do8e rea81e aGGuTaGy at any Ilme the finanual po8ttion of the charity efta1 them to ensure that the financial alem comply wth th8 Chartti88 Act 2011, Ihfr appllcable Charits8 IAccount8 and R6port$) Rylation8 and the ryovi8iCrf)s of th8 law8. They ar¢ also rospon8lkY¢ for 80feguarthng the 888•t8 d the chwlty 8rn1 reas(YJable slep8 for proventlon and detection of fraud and oth&r lffegularilie8. The trustee8 ar• rosponslble for the Mainte¢0 and Intggrfty of the charfty ar fin1181 infmtim In¢13¢d on tho 8rity'8 webske In 8eeord4n¢e ilh legi818licn in the Unlted lQrud(xn yeming the k¥8porkn' arKI di880minab.on of finan¢l statements. Audltorn A resolutlon rnapy)inting Dwid M. Rees & Assocats LHnrted 88 aart ill bo PLrt to the Annual G8n8ral Meetlng. Approvod by th• trusts•8 on I. •nd •lgn•d on thelr half ty: 12 Baylls Amyand Park Road Twlckenh•m Middl•¥?x TW13HQ 8. Hammond Trg•sur L D•ady G•n•rnl Secretary
21 IN ENDETr AuDCliE REPORT TOTHE TRUSTEES, C INERALC1cAL IRELAND Opinion We have audrtexj firAn¢ial statemwts ofts mil'(al ofthe unl lfjngdorn arKI IreiaThJ ts tre year erKled 30 Jure 2024 whth comFThe the Statements of Financ A(vrties. the Balance Sheet, and the related ncrtes to the financaa statements, i[KI1ng svJntfi(nt a(r1 The finanaal rerorting franxth that PAS been aled thr kyeparation is awlcabie Lqw aTrJ United Kiryjom AcCntra Stardards, dudiro Finanoal ReF4ybrvJ Standard 1(r2 Th8 Fil?881 R&ti ap in the UK and Repithic of Ireland (Unrted TrQrKJdcwn Generalty Acce#ed AcLxyJrtwy Prce). In (wr opinion the finanad statements: give a and fair vmv clthe st of ts c)ty's affaTs as at 30 2024, and of ts inc(niThJ resources and applI110n res(uc8s, induding ts irKune arKI expervjiture, for tre year then 8r#Jed', have been property weFwed aLwdance ilh United Kingdom Generalty AcL&l Acc(1 Pracaice, and habE beèn prepared in aCC(da wlh the reqUrernts of th6 Charities 2011. 8a•l$ for oplnl( Vle o)rKlu(led our aLKJit In %ccrtartt Intemth'onal Standards on Auditiro {UK) {ISAs (UK)) and akWiLIa law. Ckn reswnsibi1lt urmjer those standards aTr further desu in the AtI8 ressibIliti88 for th8 audrt of financBI statemerts seclK)n of our reFCJrt. VIÈ are inder£rthnt of Ihe charty in accordan with the ettmcal requirements that rejevant to our art olthe finwal atern w) the UK, n¢kKJing th8 FRC'S Ethical Standard, arKI have fuffild our (ther ethical respowt4'litss in xccrfr1 trese requirements. telieve thal Ihe wdit ev¥Jen have otAa'ned 18 8ufv.ent and aAwate to w)vide a bask8 for t¥lnion. Cond10n1 rolatlng to golng conc•m In audrtJ'rvJ the finan(a81 statements, V•P have LKIed that th8 trusle86' Le ofthe goiNd bw's of 888ed on the Yrtyk have Ferfunxd, ary material uncatsinties relatiro to events or cond'0n8 that, iTrJivvJudty or llectiVety, may c2St snIficAnt (knJLrt on the cwtys aly'lty to continue as a going concwn for a n(J d at knt iwdve monts from the financial atwts are aulhori8aY ts is5. (kn pOlbIles and the respor1tHtS of1h8 tru8t888 with res1 to w'rvJ c(Mc are described in the relevant sectwts ofthls rep)rt. Other Infomiatlon The other InfOnk)n ccmprises Ihe infcm)alI inthded in the trustees amual rwrt otherthan the finaal statements and our 3rt0rfs reFQrt thereon. The trustees are respons for ts Otr infofftiation CCtaIned wthn annual rewrt. OLX opnion on finanod atsfflts not Otr infcffmation J, except to tr extent 88 explk staed n rewL do rKrt exFYess any frn of assuran(x (x)ndLAion thereon. (Xr resnsibIl 18 to r1 the ¢ther infcThiion and, in doiTrJ so, cornJerwhethwts olher Infoation is materially inca)nsislent vèrth the financial staterrEnts or CMK th)vA cJtawl in the course of the or ClEiSe appears to be Material misstated If ickntffty sh material irrtxnsi8t8ncies or apparent maknial Mststements, y are Uir&I to demre this gples rise to a maten.al MstateMent in the finawal statetrEnts thernse. If, based on the WrKk hava Ferfrned, we cdUde that ther8 is a material misstatement of thk8 fts infomiation, y we r4Lired to rwt that fr have nothr4J to r8PJt in this regard. Matters ¢)n 1¢h we aro rnquirnd to report by •xceptson have nothiTrJ to report in r oftrÉ fol¢ matters in reU'(m to the Charities (knLnts and Rewts) Regumions 2008 require to repcxt to you rf, ¢¥A'n: the irrfonnatKJn given in ts firFrKaal Stat is VKX)nsistert ri any material resrAa with bustees. reFK)rt.' or the tharity has not kept thquate acryJurtirvJ rwds.. or the fnancaal statements are not in 4rernrt wrth the )Unting records and retums, LY have not rece au tr£ rfonTration K1 extAana1cS rjU1[2 ts our aud
Rwon8ibilitle8 of trustees K8 explaId me fulty in ttee$, respMsibiliies Statem set wt p¥Je 20, the tsustees ar8 reSponsie for the preparaion of the finanual Statem for being sabsfied that they give a true fair vieV, and for suth intemal ntrol as the trustees d8temire is TErSY to bI& the weparatiM offinar1al statemerts that a e from material mwtatert whdhw due to fraLAd cf error. In weparing the fn¥Kial stmwts, the trustees are responsbl8 ftyassessing the tharitls abilty to Continue as a going c£rn. disclc¢ing, as aF¥)lIlIe. matt&s reL?l to goiThJ concem and ustng the wirKJ concem basis of acccAmt'rrJ unless the trte8$ either intend to IKIUKJe ts dwty orto c8ase opvations, hwe no realistic aeMatiVe but to do so. Auditi$ responsibilities for the audit of the financlal ststThnts have teen app)inted as atitOr Ujer Secti 145 oftf chari11 Ad 2011 arKI rEPOrt li accrdarK with the Acl and levant wu'ons m havYvJ effect thereurM. r oLyedlves ar8 to obtain reasonable assLrarTr at)ut vl)ethwthe fnancral statements as a Yknle are free from material mBstatement, due to ¢X error, and to issue an audito¢8 rerKJrt that indudes our op'nK•n. ReasorrdkJe assurance 6 a hwJh knl of assur¥K8, Ixrt is r¥)t a gUwan that art (xx)duded in A)rdar with IS4s (UK) will akntays detec a material mk$Stae when it $ts. Misatements can from fraLKI or error we cDnsKlered rnateri rf, irKlpiilually CA in the aggrgJate, UkI reasonably be expecleA to influenc8 econcffi decisions of ws tkn (n the basis of118 fnancial statements. Irreguiariti88, inckKJing fraJ, are inst8 ( nLyFoJryAiarKe with la8 arKI wulat#xB. We d&sv wrlUTeS in line with our r88pJréilylitps, ¢xrtlirEd at(we, to dete(a material Misstat in resrcl of irreguE¥itK8s, rduding fraud. Because of Iha itherent limitab& of an alit, Ihere is a risk that wll Th)t (tect all irregularit, indudirwj those leading to a material misstatement in the fir(jaI rKFc4xnpliwTh wilh regulatn. rBk in¢yeas8S the more that ccArpliwr£ viith a or regulats'm is removed from the events aThd traCtIonS relded in tre financk4 statements, as V•ill be s5 Ikety to tCOMe aware of Instan of n0n4x)mplia. The risk is a180 greatsr regardng Ireguk•es ocaJrriTrJ (kn to fraKI ralh¥ emr, as fr8Lkd invdvg8 ntsnlional A furth8r desGrity'on of our tXF¥M&lJ'litw is available on FRC'S ebsite at: htt '.lknv.froor .ukJauditoraudit- surancelaudrt¢y-s-res onsibilrtES-for-the-atJdti-of-the-fil 99 f . This descnpts'on foffl part of our au(htorfs rekx)rt We cornmunth wtth those charg&1 with 9)veMan regardThJ, amoro matters, ts planr& scope 'ming ofthe audrt aThJ sKJnfficart audit f¥KlirvJs, WKaixSrKJ any swjnificart defww in intemal [[01 that v idttty durwy ow audrt. U80 crf our roport ThB reF¥Jt is made sow to the tharity's tntste as a body, in accudanc£ wh Pt 4 ofthe Charities {Ao>)unts aThJ Rep) ReguLqtions 2CQ8. Cxr audit woth ha5 been undertaken so that migm State to Ihe tharity's tru#ees those matter5 we are requir1 to stste to them in an audrtcs rep aThJ for no other purF¥xe. To the fijllest extent Fermitt&J by law, th? not w or assume rewnsbilty to anyone ¢)tlw than the charity ard tr ctiity's trustees as a body, ftK ¢Jur aLKJit this W orfor orArMor£ v have frned. Sharan C. Rees F ststLrtory Audrtor WELL COThAGE CUCUMBER LANE ESSENDON HERTFORDSHIRE AL9 6JB DAVID M. REES & ASSCCIATES LIMITED ChartetFAI A1rtants ark4 Stattrttxy ALhJrtor5 tX4TED Ir•& DAVID M. REES & AsSClATEs LIMITED is elvJible to ad as wjitor li tm of ion 1212 ofthe carA2(
-23- MINERALOGICAL SOCIEfY OF THE UNrrED KINGDOM AND IRELAND RESTRICTED FUNDS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 2024 Wilty A•plnall Prlz• Sustalning Notes Membershlp Totsl 2023 Income Donation8 Investment Income Income from Charftable Actlvili Support by General Fund TOTAL Income 1,587 775 1,587 1,150 1,473 359 375 2.691 5.053 2,691 5,428 2,703 4,535 375 Exponditur• Expendlture on Charltable Actlvltl•s Student Memb8rship Awards TOTAL Expenditure -2,850 -2.850 400 -3,250 -2,850 -569 -3,419 4(X) -2,850 Net Income and Net Movement in Fund8 for the Year 2,203 -25 2,178 1.118 Sustainlng momb•rshlp fund This fund was fonnally estsblished on 1 January 2010. The money is ring-fenced %4ith 90% inv88ted so that the fund can grow and eventually become self-SUStaining. Tr otper 10% is used to subsidise the free student memberships and buwries. Wllly A8plnall Prlz• Fund The Volcanic and Magmatic Studies Willy Aspinall Prize is a restrict8d fund established on 8 May 2017 to make an annual award for an outstandiNJ paper in applied volcanology pUlShed *ithin three years of the author being awarded a PhD. CONSOLIDATED STATEMENT OF FINANCIAL ACTMTIES 2024 Notss Unr•8tricted Re•trfctsd Funds Funds Total Funds 2023 Total Income Total Expenditure N•t expendlture and Net Movement In Funds beforn Gains and Lossu on Invmtments Surplus on property revaluation Net Gains (Deficit) on Investments Net Movement in Funds Total Funds 1 July 2023 Total Funds 30 June 2024 5,428 -3.250 2,178 302,264 -341,248 -38,984 328,115 -312,844 15,271 -337.998 41,182 30.IJ)O 78,913 87.751 1,375.681 1,443,432 30.000 78,913 69,929 1,406,210 1,476,139 -9,224 6,047 1,400,163 1,406,210 2.178 30,529 32,707 The statements of Financial Activtties include all gains and deficits recognised in Ihe year. Al incoming r8sources and resources expended derive from continuiryd activitEs. The notes on pages 27 to 33 fcmi part ofthese ffinancial statements
-24- MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND UNRESTRICTED FUNDS STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 30 JUNE 2024 Incomo 2024 2023 Donation8 and Legacies Investment Income Incomo from Charftablo Actlvltles Members, Subscriptions Gift Aid Conference and Meetings Support Cambridg& University Press MM & CM Cambridge University Press Geo Bio Interface Publicalions Income Special Interest Group8 Income (Page 25) Less: Allocation from Mineralogical Society Miscellaneous Income TOTAL Income 2.250 24,498 2,250 22,775 28,745 389 30,478 787 2,560 140,104 10,675 180,400 150,779 24.551 180,400 27,593 81,624 -16,000 72,587 -16,000 65,624 58,587 150 323,580 296.836 Expendlture Contribution to Sustaining Membership Fund Expendltur• on Charitable Actlvltles Sub8CAiPtIo Joumals Exp8fKliture Elements Conference arKI Meetings Expenditure Mineralogical Society Meda18 Distinguished Lecturer Web8rte and Future of the Society Joumal Editorial Costs MM & CM Joumal Editorial Costs Geo Bio Interface Publi¢ation6 Expenditure - Net Travel Bursaries Special Interest Groups Expenditure (Page 25) Less.. Transadions with the Mineral(yJical Society Office ExFenses Support Costs Depreciation Miscellaneou8 expendiiure TOTAL Expenditure 2,691 2,703 457 8,737 880 1,007 10,327 8.621 1,379 902 39.691 14,594 39,862 $4,285 -3,768 4,107 39,862 6.698 4,110 89.229 72,350 ,138 87,183 124,272 57.533 614 66,212 114,211 52,958 337,998 309,425 The notes on page5 27 to 33 fom part of these financial statements
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INERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND BALANCE SHEET AT 30 JUNE 2024 FIXED ASSETS Tangible Assets Investment8 Total Fixed Asaets CURRENT ASSETS Debtors Cash at Bank and in Hand Total Current A88et8 Notss 2024 2023 375,223 934.719 1,309,942 345,837 837,541 1,183,378 10 49,241 370,180 419,421 22.182 287,687 309,869 11 LIABILITIES Creditors: Amounts Falling Due Within One Year Total Assèts Le Current Liats'lttie8 NET ASSETS 12 -253,224 -87,037 188.197 1,476,139 222,832 1406210 The Funds of the Charty.. Unrestricted Income Fund8 Re8trtcted Income Fund$ - Suslaining Member8hip FuTrJ Willy Aspinall Prize FurKI 1,443,432 20,937 11,770 1,375,681 TOTAL CHARITY FUNDS 18,734 11,795 32,707 1,476.139 30,529 1,406,210 Srgned on behalf of the Tru8tee8 S. GIBSON PRESIDENT Approved by the Tnjstees on Charity Numter 233706 The notes on pw 27 to 33 fomi part ofttw financial slatements
-27- MINERALOGICAL SOCIEfY OF THE UNITED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 ACCOUNTING POLICIES Basls of preparatlon and assessment of going conc•rn Mineralogical Society constitutes a wblic benefft entty as definad by FRS 102. financial ststement8 have been prepared under the historical cost convents.on with items recognised at cost or transadion value unless otherwise ststed in the relevant notes to th8s8 accounts to include c8rtaln items at lair value. The financial stst&ment8 have been wepared in accordance with the second edition of the Charities Statement of Recommended Practi issued in October 2019, the Financial Reporting Stsndard applicable in the Untted "ngdoM and Republic of IrelarKI (FRS 102>, and the Chanties Act 2011. The financial statements are prepared on a going concem basis under the historical cost Convention, modffied to include certain items at fair value. The fmancial statements are presented in Slerling which is the functional currency of the Charrty. The truste88 consider that trÉre are no material uncertainties alx)ut the Mineralogical Society's ability to continue as a going concern. The most signfficant areas of uncertainty that affect the carrying value of assets held by Ihe Mineralogical Society are the level of investment retum arKI the perfomiance of investment markets. Tho slgnificant accounting policie8 opied in the preparation of these financial statements are Bet out below. Funds Structurn Unrestrl¢ted funds are available for u8e at the discretion of the trust6a8 in furtherance of the g8n8ral objectives of the Charty and which have not ten desKJnated for other purposes. Re8trlctsd funds are lunds which are to be used in accordance with specrfi¢ restrictions imposed by donors or which have been raised by the Charrty for particular purpose5. The aim and use of each r6strict8d fund is set out on the statement of financial activities. Incom• recognltlon Voluntary Incomo - Donations are accounted for when received. Lega¢ies are accounted for on entitlement. Invostsn•nt Income - Income from investments is ac(xJunted for on a receivable basis. Member¥. •ub•crlptlons Income - Members. subscriptions are payable in advance on the 1 January each year and are accounted for in the period in which they are received. During the year ended 30 June 2024 the Society had a net gain of 25 members. At the 30 June 2024 there were 798 M8mbers being 17 Honorary Life Fellows, 13 Honorary Fellows, 63 Life Members, 692 Fellov•B and Members and 13 Emerttus Members. Thas8 figure8 do not include 150 Student Members vtho are receiving free membership of the socTrety for one year. Conference and meetlngs income - Income from Conferen and meetirgs are accounted for when the meeting has been held. Cambridge UniveTs1ty Press - Income from Cambridge UnNersity Press is accounted for on epayment basis as the guaranteed amount is r1Ved in advance for the calendar year. Publications Income - Income from publications are accounted for on a receivable basis. EXndItUre rocognltion Llabilrties are recognised as expenditure as sDJn as there is a legal or con8tructive obligation committing the Charity to that expenditure, it is wobable that settlement *ill be required the arnount of th8 oblNJation can b8 measured reliably. Any expected loss from a future conference or meeting is provKled for as a liability. All exp8nditure is accounted for on an accruab basis. All expenses including support cost and governance cost a allocated or apportioned to the applicable expenditure headings.
-28- MINERALOGICAL SOCIETY OF THE UNtrED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 Allocatlon of support and governance costs Govemance costs comprise all costs involvirvJ the public accountability of the charity arvj ts cornpliance wth regulation and good pradice. These costs indude cost5 related to ststutory audit and legal fees together wtth an apportionmerrt of overhead arKI support costs as analysed in notes 6 and 7. Foreign currencles Monetsry assets and liats'litie8 in foreign currencies are translated into sterling at the rat•s of exchange ruling at the blance sheet date. Transactions in fOren currerKies are translated into sterling at the rate of exchange rullng at the date of the transath'on. Exchange drfferences are taken into account in amng at the increase or decrease in funds. Tanglbl• Flxed Assats for u8• by th• Charity and Dopraclatlon Tangible fixed assets are slated at cost less accumulated depreciation oth8r than freehold land and buildings which are stated at valuation. Depreciation Is provided on tangible fixed assets at rates calculated to VTrte off the cost, less the estsmated resh4ual value of each asset over its estimated life using th8 slraight line method at annual rates a8 follows:_ Office Fumiture arKI Equipment 25%. Computers 33.33%. The Charity has adopted a revaluation policy in respect of the freehold land arKI buiklings that will be revalued every five years. The fair value of land and buildings is deteminad from market based evidence by appraisal undertaken by a professionally qualifd valuer. Revaluation gains and losses We recogni8ed in the stsIenI of Financial Activitie8. Stock There are stocks of publications, being surFlu8 copies printed but rt sold in the y8¥. No value has been placed on stocks of the8e publications in these financial statements. Flx•d a8set Inve81m•nts Inveslment8 are a form of b¢ financial instrument and we initially recognised at their transadion value and subsequently measured at their fair value as at the balance sheet date usirvJ the dosing quoted market wce. The statement of financial activities incjudes the net gains and108ses arising on revaluation and disposals throughout the year. The Tru81 does not acqui put OFions, derivatives or other complex financial instruments. The main form of financial risk fad by the charity is that of volatilty in equity markets and investment markets due to Yiider econornic conditions, the attitude of investors to investmgnt risk, and changes in sentiment conceming equities and wtlhin particular sectors or sub sectors. Rea1188d galns and losses All gains and losses are taken to the Statement of Finanoal ActIvit 88 they arise. Realised gains and losses on investments are calculated as the dtfference betrbveen sales prLwds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference een the fair value at year end and their carying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities. Pen8lon Costs Contributions in respect of the Charty's defined contribUtn schemes are charged lo the staternent of financial actmties for the year in Nthich they are payab to the pensH)n schemes. Auditors remunaration The auditorfs remunerath)n conslttuted an audit fee of £8,360 (2023 - £7,522) and additional advisory work and accountancy of £4.641 (2023 - £4,448).
-29- MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 2024 2023 2. b. Analy8ls of staff costs Remuneration National Insuran Lrfe Assurance Pension Costs TOTAL 177.097 2,709 1,262 7.169 188.237 154,855 2,820 1.124 165,243 The average monthly headcount was 11 staff (2023- 7) and the average monthly number of fu114ime equivalent employees (induding part time staffj during the year was as follows."- Publishing Office Stsff Total One employee had employee benefts that f811 within the band £70,OLX) - £79,999 (2023 £60,000 - £69,999 One). Al employee time is involved in providing eitsr supwrt to the governance of the charty or support seivic68 to the charitable activities. 2024 2023 2024 2024 2023 2023 c. K•y management comp•n8ation Salary Perlon Salary Executive Director 75,368 69,439 Finance and OFeratiMs Manager 54,488 4.800 50,972 In additlon to the above, national insurance c¢)ntribub'ons totalled £696 <2023 - £1.299} Pensi¢)n 4,800 3. ALLOCATIONS TO GROUPS by General Fund An allocation is made to eight Special interest groups of £16,00) for the year {2023- £16,000). Pag• 2024 2023 4. VOLUNTARY INCOME - Donations Sustaining Membership Restricted Fund General Fund - Geological Society Special Interest Groups Geochemistry Group Agilent Technologie$ Anton Parr Elemental Scientific Instruments Isotopx 23 24 25 1,587 2,250 1,473 2,250 5,150 1.200 600 1.200 1.200 2.600 600 1000 QMX Laboratory Themo Fisher Metsmorphic Studies Group Zeiss Volcanic and Magmatic Studies Group 8,4 1,¢XIO 1.000 5,400 11,550 9,400
MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 INVESTMENT INCOME Dividends and Interest Unreslricted Funds Restricted Funds Individual Groups 2024 2023 24,498 1,150 2,073 27,721 22,775 359 570 23,704 Interest on Cash Deposits On Listed Investments 4.247 23.474 27.721 1,113 22,591 23,704 OFFICE EXPENSES The trKeakdown of office costs and how these are allocated betwe•n Governance and Charitable A(aivitses is shown below'.- 2024 2023 oirice Staff Remuneration ReimtrAJrsement of staff expenses MDSG 136,612 -3,323 133,289 127,634 -1,110 126,524 Office Staff Expenses Rent, Rates and House Expenses Printing. Stab'onery, Maintenance of Office Machine8 Insurance Po¥tage, Telephone and Computer Bank and Credrt Card Charges Miscellane$ Expenses including Offi assistan 551 8.074 1,183 2,038 16,778 4,042 114 30,227 163,516 940 1.685 12,240 3,023 650 23,753 150,277 Allocatlon as follow•:. 2024 2023 2024 2023 Charitable Actlvities Governance and Support Costs (Note 7) 76 76 24 24 100 100 AlloGation 18 calculated on the basis of staff time, cost arKI office usage. 124,272 39.244 163,516 114,211 36,066 150,277 2024 2023 SUPPORT COSTS Governan and Support Costs Office Expenses 24% (2023 - 24%) (See note 6) Business Meetings Expenses (Travel) Website development Investment Charges Auditols Remuneration Total Allocated 39,244 579 260 4.449 13,001 57,533 36,066 628 4,294 11,970 52,958
31 MINERALOGICAL SOCIETY OF THE UNITED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 TANGIBLE FIXED ASSETS for use by the Charity Computer4 Office and Page Equipment Freehold Land and Buildings Totsl Cost or Valuatlons 1 July 2023 Surplus on revaluation 30 June 2024 19,446 345,1)00 30,LX)O 375,000 364,446 30,000 394,446 19,446 Deprnciatlon 1 July 2023 Charge for Y8ar 30 June 2024 18,609 614 19,223 18,609 614 19,223 Net Book Value 30 June 2024 30 June 2023 223 837 375,000 345,000 375,223 345,837 The frEehold land and buildings were valued on the 19 June 2024 by Michael P Martin of Milestone CommerGial Agency Ltd, at an open market value at £375.000. Open market value is considered to represent the fair value. The origlnal cost of the freehokl land and buildings acquired on 24 November 20C6 Yms £358,978. FIXED ASSET INVESTMENTS Movement in Fixed Asset Listed Investment8 Market value brought foThward at 1 July 2023 Add.. Additions to Investments at Cost Cash Retained (Reinlted) Disposal8 at Carrying Value Less.. Net Gains (Losses) on Sale8 and Net Gains (Losses) on Rev8luation8 Market Value at 30 June 2024 Page 2024 2023 837.541 218,009 -24,990 -174.754 829,879 215.037 -15,964 -182,187 23 78.913 934,719 -9,224 837,541 Orlglnal Orlglnal Cost Cost 2023 2024 Investments at fair value Comprised: U.K. Investments UK Equilies UK Bonds Mutti Asset Funds Property Others Cash Irrtemalional Equities Investrnents Non UK Bonds TOTAL Falr Value 2024 Falr Valu• 2023 107,652 91.741 114,755 111.235 18.260 9,130 67,306 67.306 84.400 78,916 16,369 -300 335.367 396.477 45,001 64.186 789,110 818,691 107,803 117,176 12,985 62,980 72,485 117,260 109,851 24.752 66,803 75,775 16,890 387,116 39,094 837.541 499,990 61,600 934,719
-32- MINERALOGICAL SOCIETY OF THE UNrrED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 FIXED ASSET INvESTMEs continued All investments ar8 carried at their fair value. Investmerts in equities and fixed interest securities are all traded in quoted public markets, primanly the London Stock Exchange. The basis of fair value for quoted inv8Stments is equivalent to the market value, using the bid pri. Asset sales and purchases are recognised at the date of trade at Cost {that their transaction value). 10. DEBTORS 2024 2023 Other Debtors and Prepayments PuIcationS Conferences 11.093 10,000 28,148 49,241 13,219 2,000 6,963 22,182 11. CASH AT BANK AND IN HAND 2024 2023 Applied Mineralogy Group Clay Minerals Group Environmental Mineralogy Group Geochemistry Group Geomicrobiology Network Metamorphic Studies Group Mineral Physics Group Volcanic & Magmatic Studies Group 15,525 37,083 6,273 16,963 16,408 13,700 13,772 32,373 152,097 32,097 120.000 152,097 19,508 11,770 31.278 38,156 18,311 38,678 6,289 17,146 16,483 13,439 15,887 33,870 159,703 39,703 120,000 159,703 17,408 11.795 29,203 93,781 5,000 Grwp Monie8 on ReseNe Account Deposit Account Sustaining Member8 Willy Aspinal Resep4e Account Re8erve Account Mineralogical Society Current Account Resen Account Euro Current A¢courrt 143.849 186.805 270.180 98,781 287,687 Total Cash at Bank 12. CREDITORS AMOUNTS FALLING OUE WITHIN ONE YEAR Publications Cambridge Universty p$$ DHZIII Geoscience World cOnferenS HM Revenue & Customs VAT Other Creditors Accruals 2024 2023 82,037 1,590 54,415 1,551 9,656 188,383 4,920 3,294 13,000 253.224 7,367 1,048 13.000 87,037
MINERALOGICAL SOCIEfY OF THE UNITED KINGDOM AND IRELAND NOTES TO THE FINANCIAL STATEMENTS AT 30 JUNE 2024 13. TAXATION The Mineralogical S¢xiety 15 a registered charty arKI is r•ot sutyect lo taxation on any excess of Income ¢er expenditure. 14. COMMITMENTS a) Pon8lon Commilmonts The Society operates a defined contritrArtion Fension scheme on behalf of its employees. The Society also operates a defined contritrtrtion Automatic Enrolment pension scheme on behalf of the employees. The assets of the sch8mes are held separately from those of the Soaety in independently administered fund8. The annual pension commitment under these sch8mes are for contributions of 2 x the employees gross contribution, up to a maximum Soaety contrilxrtion of 10%. either to a defined contributs'on pension scheme or to an automats'c enrolment pension scheme. b) Other Fln•nclal C<xnmltmants The Society is committed to support conferences, pay travel costs for min8ralogist8 in future years and prcKluce publications. The anticipated annual cnst of this commitment is £58,000 12023 - £46.464). The Society had no capital commitments on 30 June 2024 (202& Nil). 15. REMUNERATION AND EXPENSES PAID TO TRUSTEES Editorial expenses Indude remuneration paid to Trustees of:_ G.E. Christidis 4,000 H. Dong 2,000 A. Engel 2,000 J. Lloyd 3,577 S. Mi118 3,979 4,004 R.H. Mitchell 4,Crf)O 4,000 ChuTrHui Zhou 4,(X)O 4,000 In addition £839 (2023- £628) is reimbursed to three {2023 - two) trustees for edttorial travelling and accommodation expenses. 2024 2023 4,000 16. RELATED PARTY TRANSACTIONS No trustee had any personal interest in any contract or transaction entered into by the charity In the year. 17. PRIOR YEAR COMPARATIVE FIGURES FOR THE FINANCIAL STATEMENTS CONSOUDATED STATEMENT OF FINANCIAL ACTIVITIES 30 JUNE 2023 Restrictod Funds Notes Unrostricted Fund8 Tolal Funds Total Income Total Expenditure Net expenditure and Net Movement in Funds befo Gains and Losses on Investments Net (Deficit) Gains on Investments Net Movem8nt in Funds Total Funds 1 July 2022 Total Funds 30 June 2023 323,580 -309,425 14,155 4,535 328,115 -3,419 -312.844 1.116 15,271 -9,224 4,931 1,370,750 1,375,681 -9,224 1,116 6,047 29,413 1,400.163 30,529 1,406,210