Company R•gl•lrntlon no. 00745821 (Eryland #nd Wales)
R•glstsr•d Charlty no. 259095
OIL AND COLOUR CHEMISTS ASSOCIATION
(A COMPANY LIMrrED BY GUARANTEE)
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMEMrs
FOR THE YEAR ENDED 31 DECEMBER 2024
PIERCE c.￿ UMITED
MENTOR HOUSE
AINSWORTH STREEr
BLACK8URN
LANCASHIRE
B816AY

OILAND COLOUR CHEMISTS ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Pago
Reference and Administrative Details
Report of the Trustees Ilncluding Directors, Report)
Independent Examinalion Report
Statement of Financial Activities {Induding Income and Expenditure Account)
Balance Sheet
10
Noles lo the Financial Slatemenls

OIL AND COLOUR CHEMISTS ASSOCIATION
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
TrUSTEES
MrJABury
Ms B Pot8r$
Mr D P Williafns
Mr G Armstrong
Ms D Coombs
Ms N Co8grove
Dr L Merrltt
Mr P Sheppard
Ms A Bullock
Ms Z Cunliffe
Mr P Kno￿eS
Ms E HLtmphr6y
MrDPyo
Mr C McEtroy
Miss l Taylor
Ms C Booth
Mr D Lesler
(Appointod 18 January 20241
IAppo'inted 12 September 2024)
{Appoint￿ 12 September 2024)
PRESIDENT
E Humttsey
IMMEDIATE PAST PRESIDENT
Mr P Sheppwd
COMPANY SECRETARY
M5 B PoteTS
REGISTERED OFFIGE
4th
Clayton Hous•
$9 P￿cadillY
Manchester
M12AQ
REGISTEREO COMPANY NUMBER
0074W21 (Englarnl and Wales)
REGISTERED CHARifY NUMBER
2￿795
ACCOUNTANTS
Pierce C.A. Llmbtsd
M8nlor Hwse
nsworth Street
8lackbum
Lancashre
BB16AY
INDEPEMDEMT EXAMINER
DonneltyBenlley Limited
Chartergd Accountants
Ha2￿mere
7¢>72 Chorfey New Ro•J
Bolton
Lancashire
BL14BY
BAMKER8
Vlryin Money
3 Ea5tyates
Leioester
LE15BL

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees. who are ￿leC&)[S of the Charity fr)r the purpws ol the 2006. pr85ent thelr
port wrth Ihe financlal stst8m8nts of the Charity l(* Ihe yeAf ended 31 Dè£*thr 2024. Thè TNstees hav8
8dopted the provisions ofALtthnb"ry artd Rewjrtlng by Chgrities Statement of Re¢onThnded PracOce- appl￿ble
to tharibes preparing their arI￿ntS ￿ *thraan￿ W￿lti the Financial Reporting Stsndarrj ap￿1¢a￿A9 in the UKand
Republicoflrdand IFRS 102) leffE(*¥E 1 January 20191-
Thefirtandal statsments been prepgr•J in aco)rd8rK8with the 8CffAJMiNJ WkloB Set (xrt in th8 no*¥tolhè
Actounts and com￿Y with 1hg Chèrity's goveming do(yJmenl. Act 20[￿. Chantw Art 2011 and
AeLounling and Rep)rbng by Charl￿$.. St*errEnt of Recommended. Practi1￿ appli(able to tharitw preparing
their a¢counts in accordanc8 with the Fina￿181 RewI￿n9 Slandord aPp1vb￿ in the UK aTrJ RpwbNc of Irdand
trAish•J in iktober 2019 {Cknart￿ SORP 20191
In thi% report. r8lerertèg ara to ctyj￿r and Ynjstses.. Th8W terrn refer to thè Boarcl of TTusts
DwECtors.
OWECTI¥ES AND ACTivmES
ObJectl¥•8 and Akn•
The Assoct8tion has continu*J In fts a8 an •ducats"onal tharity for thg devekpment ol th9 8aence and
tg¢hndogy ofthe c￿￿n98 and a￿*d industriBs and to th& exchang8 rrf infom)aUon aTrJ hJe4s thereon.
p)i￿1P9￿ obj'ectives ofthoAssc¢katth are lo wovhJ&a p1th￿ Sxaxposure. k* int*E¥ted parties. ofscitrftlyl
and 18thnolL¥Jical d9Veknpme￿ in th& swtace 8llbd lThJu8lrleB.
These objectiV8s are achleved by pubkatkn of fvluma￿ and other Wblicat￿$ *)rganisath)n ol
conferences. sympola. and exhibiUon6.
Thg maln C*i8¢￿ for th8 ￿ar under r￿eWWert.'
To and h(Ad SURFEX trado gxhSbrtKJn at CrAtenty Bundlng SJGEty Arena
ro identify and implwnent fvwthgr c£6t savlrvJs and pursu6 opUon$ to 8￿taIn the ChawFty over thg
term. in partk>JlaT to".
Build up the rwbersfmp. re8chiNJ thè next gerer8￿0Th ot¢bem*l8 Bndte¢hKJbgi8ts.
Improve ffinandal viabilty.
Devdop the Surfex & Ellin￿rG8rd0nw bur$￿e$ aimed S￿￿￿￿•My81th9 8thJl*c￿ ￿ devok)pmert
of themk8ts in aLxdemia and induBty.
Slart prep#￿10￿ lor sure￿ 202518c&demic crytsrancel
Thg 8trateg*s empkW Charivs obp¢th¥ were".
To eX￿ftd and lurfhar dave￿ ¥*¥l￿ba8*y re9)Ur￿ to pffjwde efflraenl ¢￿￿m￿nI{sthjn8 lo a WO￿J-￿de
membership.
To requiro Surfex LimitpAI.Ihetrndingannofthe Chaiity.tovA)rkwithStep E¥hbIUor￿ In OTgani5ing SURFEX
2024, to achwe sufftiont Det inc(Nnlny resour￿t0finBr￿ the Gharity* aEtNblles:
To etVJ89e and partherwith addithThl UniversltS8s 1hrough(￿l the ￿unty. and
To i[￿reaS8 the numbar of corporète sponsoriThJ companies.
Toestabllsh Ilnk8whh n8Y¥as￿l&￿onSIprofèsst0n8l bodiBS bsour¢eburBaryp#thws, promo*oThJaward.

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
OWECTvrfe8 ANO ACTivmEg
Publlc BoD￿t
The overriding objeclhe ofthg Chgrity 1$ that th• ChaEty shwld ac* forlhe b￿11 ofthe pub
Thecounral. ￿rnPr￿d oflheTwstees oftho 01 and Cok)ur Chemigts. As8OCiatK>r¥ ltheAssockqth)nl. has rel8rrgJ
to th¢ guidance Sn the Charlty ¢￿￿￿$10n,$ gerffjrdl guKlano on benafft wben it8 Sir￿ and
obledlves and in pl8nniNJ the AssOc￿tiOnS future actNides devdo&xment 0fttr￿ v•xnc8 and t8￿r￿(paY of
coating$.
The A8￿￿8t￿)n 8thieYeslhis overrfdiry rknjgtht ty.
Th8 publlc4tton oftechntsl aryj 8LYBntik informalbn indudiNJ Surfarx Cr￿t¥￿d$ lrtematycfft* Journal
The proviS￿)ft of cA)ntFnuing professh)nal dèv81opment In thg fomi of wnfefences, Bymposia and. mcKe
recently, W98fvJy Webingrs.
Thg provision of professional qualificatK)ns
A C¢do of Prof6S8iorb81 Conduet and fjthiea gurdance
The publ1¢ *)engfrt is enhorted through independent fft)YJnrti￿ of the profession81 rA)motitsnc8 of
mgmbgrs, and a lorma prorAknr8 forinvestigati'ng txmF4aint8 b) w*mbers.
The public benefft L8 88rved bytheAssoctatéon'8 edur*knal 8CtNlli888nd by mwtsrs that coatlffjs and
assodated proL*ucts are pruduc8d salety, that the pullic Is proto(tsd in the use of t￿ti￿a8 and that coatinos s
8nd sw0d￿d b enhance gvtrrydgy lffestykn.
Tho publk benefft enha[￿*￿ through Indeper*lgnt rwnrfton ofthe ofm8rnberg, aThl
a fonrol procgdur8 lor investigat+ng rnlalThJ to mmb8r
VoluntO8r8
Although Trustees and mernbeF¥ do not fB¢e6vg any remullwatth for thwf Ca￿tKInS lo ts govemanc8 arxl
devgknpmenl ollhp CharSty, part plw by ¥dunteern bn aehwng thg CharWsobieGlwgs Is higMy5vJnifK8nt.
Withoutlhe Tnjstegs and many voluntser? Ihat 5eTveon wmmtttees, th* Charity would not be to condu
the wde varkety of acuvltbs that our rnembets and Internatio￿1 coatings community have o)me to retyrm.
ACHIEVEMENT AND PERFORMANCE
Charltsbl* Actlvltles
The Charity sets annual budgets aTrJ rr¢a8ureB wrfomwco on a rngular basls. rT*aluig to revthv al le88t threo
times per ywr. ￿n8￿Ck•1 irrfonTration h￿8 b88n m#deav8Hablg to all Tnthe&
Imwovemgnts kn the management of rrffjmtership adDknL8lralion have i*en m8d&.
The A8sodation will $8ek to ¢o18borab with i¢lee￿ aw¢i8led Irthut6s wtthln th8 Surfaeè Ert9￿￿rfry
diKapltngs andloracademha t)n an ￿￿ePer￿Jen1 ba￿$ forthe gr88tergood of the coatirrfJs Ir¥Justy.
FINANCIAL REVIEW
Financial Po¥lllon
The trjr lh8 year s•toul tn the Stat8rnent of FiMnL*I A(*vitw.
Th8 A￿>t1*￿t￿ glm to gener* a surptus in each Surfex year to enable re4nv9¥trn8nt into I[￿mberS, benerts
and furfhor tho Obl￿tIVeS of the Awig&on for the erBukng tsvc*ythar perkn1. Funds aTe aet askle to wver both
SURFEX Ellinger-G￿l Bu￿&￿e8.
SURFEX 2024 w89 very 8UGr*ssfvl gemratin9 fargre&tef rnvenue ¢￿ParEd kn the pre¥AoJs exhibitb)n, SURFEX
2022. mainty due to 1oweropern￿0n8l c4xts in 2024 Compa￿ to 2022. vthan had ac￿MY1at￿￿ addthonal ¢0sts
for not h8￿ng èxhSblted over 84 year pErKJd ovkng to Covid in 2020. WeW￿l bok lo bikl upon th• $u¢cess in our
anniry for wr ngxt exhib￿on. SURFEX 2026.

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
FIMANCIAL REVIEW
Invo9lm•nt Polity #nd Obl•¢tlwo
The A550ciakns powers of investment are set CArt in the Wmornnthm of ol comF6ny. T
members of the Councl have wwer to invesi in any manner IhEy ￿1$h. subject lo thè L*st interests of the
A8￿ra￿tIOn being 5èNed. Ccyjnal ha8 adopted 8 &)fis6Thatfve approach to irweslrnwrt in mainlwnln9 syb8t8ntial
ash tialances In hterest-bè8rift9 116postt8. Th$8 th)v$18i18 ihto the ttppr(￿h to and rg58r¥e5 wlicy.
Res•r¥es Polky
It 15 the rKdicy of the ASSO￿￿1￿)n to mglnlaln Unresb1ct￿ at 8 ￿¥81 whth, when 8uFpoFting aG*vitiesilurtr¥J
Ih&'non-SURFEX gxhIt￿￿n year(5}.gwes it ade4ual8 coversuththatrf intorring resoufC•S from this 60urc8 were
trj f811 du8 lo economic￿¢)￿00Wn. then acbvides (￿Uld b@￿nInU￿3 fora minThum of&*nty4ouTmonlhs.
The As80clation rdi8s upon it5 whdly owned subsKli8ry. &Jrfex ￿Mited. to generattr suffitsent funds every two
ye8rs from 118 eXhibit￿n 8cbviti6s. The A6s0rAation has contin￿￿ kn (*)sety Monik￿ the posthi and '
confident that wll stll be abb to o)ntinue unts"I SURFEX 2026.
At 31 Decemb8r 2024 thè eharlty f*kl tota r8Bgrves of £145,4107
The general fijnd was ¢r8dii by£38.301. AS noted Surfex exhlblllc￿ of2024 gen•r8ted a h8allty
8UfPtU8 whtch was glftad tothè chanty to as¢grtaln running c(*ts for atleast the [￿1 years.
FUTURE PLAN3
The Coun¢il i8 8ver mindfrjl ofth• rapldty of SCKgnbfic and technclDglcal and c£rtinues b slrive to ew
that the L￿ting5 irmlustry is kept abreast of dsvek>pments throu9h..
$cbnffic and ￿hn￿￿￿t4￿1￿0ns
technical rneetings & Sym￿$￿a
enhanced Pfofesskjnal qualificat
c(AJ8bor8tion with Ott￿ra560(aatl￿￿ to Provide mèmbws *ith tr*nin9 f880LXC•S
8xhibthns
webinars
seminars
Objectivès lor2025 Lxntinug t0fr￿ on the maln Obj￿1￿5$t81ed Mostlmwrtonfy. arr8ngements
be made. for our t8chnlcsl ¢Ubfernrt¢6 SURGON 2025 end we wim *tJrk dosety In Conjuncti￿ with thè SURFEX
Boaril and Step Exhibthons, in our preparations fora sUCL*s¥fiA SURFEX 2026.
STRUCTURE GOVERIW4CE AND IAANAGEMEMT
Gov•rnSng tYocum•nt
The Asscoadon 18 8 company limited ty9uar8nte8 and Into￿rated In Enuland. Th8 90￿mIl￿a Instr￿neTrt under
vthich the Assod&tion operates 18 tho Momorondum and AJlk46s ofA8s￿￿?n.
R•¢ruthont and Appolntm8nt of Now fru•iws
Followrng the changestothe 9DYemancoofth• Charfty. implwnenled In 21x15. thgTnth•sar• elthJ&)ra period
oftwo yeaB.
Organlsatlo￿l StNctur•
The Assooauon Is organiwd 08 fr1ky￿. Th• Council of Manag8m•nt. wlThe memtr*r8 8rg (thre￿ or indireetty
elerted to 8eThe for a period of two years. Tr1￿888 afft M8mbern of the Asscaation. Trustees a￿ offered
guidan(t on Ihelr dub"e8 and re8ponsiblibes. Dky to day Operat￿n$ are managed by the Trnstses and through
outsourdng arr8ngements. Th8 Qiunol 1$ a(tswntable lo th8 membarship. whith in lurn comprises Ind￿dUd￿
connect¢d with the coatings INj￿try. All kN)liGy proFo*s ar8 submittod to the Council lor approv81.
TheTrustees ad(￿￿edg9thoI OCCA Swth Africa has a forn￿1 approvad independenc*. tyway ofa new Irmee
agT98d in 2020, and now runs autonornou* of UK. wth the &x(tplTh ol Pr￿￿￿)n￿ M8mber5hip approval
and Admink%tr8*'0n.

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS, REPORn
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
The Trust88s ol OCCA UK hav• no control w Infiu8nc• over Ihe administr8tk)n. re8ources. 4r￿ expenditurg of
OCCA South Africa and lorthis reason the assets. and •xpfjThliture of OCCA 8￿th Aftic8 have not been
rocognised wtthin th8se acLounts sin￿ 2012.
Inducilon and Tralning ot 14ew Tll￿t
conduct•d by officern setbng oshje to Insiruct tho pot¢ntial Trustee c0vWts￿ a•s suth
govemance, duties, and re¥p￿sibIl￿8S.
Rlsk M•n•gwneTht
Th8 Council have a dutyto hlentify and rewew thè ri8ksto wh￿￿ the Chawity k% exp)sed to ensum approwl*
tr)ntrol$ are In ￿8¢& to pro￿￿ reawn8bb as5ur#rKe aga￿St fraud and error.
Th8 Councl urthrt8kesw￿er rev1￿*30ftt* sourcos tsflts (n¢￿ty r85oUr￿8gnd the rgquirementson outgolr¥J
T&8Our￿$ ￿ malntsin its ¢haril8t4a advlts"8s. Th? Council Ver￿gnis95 ￿ inrM)rtan¢¢ of the SURFEX exhibttlor
In the Main￿ants 011n￿mI￿j r8sourcA8. tt 8fso relxsnises the rgquilemgntto develop ￿l￿e$ to e￿Ure that the
Assod8tK¢n will LrntiNe lo provhle ch&Ti18ble a￿VitIeS In futur8 yeafS. whl¢h may In¢￿de thè ￿taNIsh￿￿nI of
more fomial &rran￿Ments￿￿I Other reknartor98nisations.
Coundl ¢y)nducts review8 Oft￿ inherent in thè Organlgalkn. The M¥Jor￿kS 1d8rffi￿ th• abllity
to generata Guffidont incoTr to corthuoaclNIWgs.' th&￿11￿10 Ir¢rnaSg￿ber$hlp arxl th￿¢0￿clOt￿bItC
8 other optrrational costs.
The Coundl rgvlows and updales ￿ insurawj by assessing the m8rketand sowong the m05t5Uit8bl& ond
st4ffe￿ve Insurarte proth4nd poly to Wl•T1oga oNlgalbro and mikngate ￿rtalfi fjnant4al ri￿$.
PIIESIDeNfs REPORT- OCCAAGM 2V24
Atthè As8oclatlon'• G•n•rnl Me•Unq h•hJ InS•ptomb•r2024. Pr•gklen¢ P8uISh•ppard dell¥er•d
th• followlng r8pDrt..
Wow, wh8r8 dh4 the go? I hove nowoxnpkted a thre¢-yeartenure as OCCA Pr8sK1ent and I rtwstsay I h
enjoyed gv8ry rninute. twas Irt¥nènaetyhonovredtotskethe helm ofoura¥8rtL4tion in 2021. and l amvery rdea$gd
lo bs p8sskn9 the baton on to El￿eth Humpl¥gy. OCGA will be in very gcw)d hand8 lor Ihe for￿￿￿8 fvlu
b4rt1 wlll SUII be on halld aThJ s6tUn9 on cou￿1 ag Imm8dlato Pa81 Pre5identlooffgr thtce anLI help W required.
Wh8n I anLI take ¥kn¢k of my pr6sldoncy. l am extremely of vthal we have athi6ved. I have 81*
bgen very fort¢Jn8te to wd6 Over￿ 8Uf*W8ful SURFEX exhIbrfo￿ 8nd ts4r) SURCON ￿ChnIcal ¢￿fere[￿s.
We havg akn 9rown cur membership and the Thjmber ol gducational p8ther8, and otsrloumal, Surface Coatings
International I￿1) gc¢s from 8treryth to streryth. WB are preparirwa our fourteenth ￿klY Web￿ar serf88,
and oltr weblnar pn)gTrrrww has probatrty be8n one of our bigge51 Suc￿$$e9 during Tny term. l (annol possib
tske the credit for aK of Ihk%. 89 our success down to teamwork, and I have worked ￿th the be51 team I
ve wishad for, an cwr txntr8Llor5 aThJ cou￿1 membersaKe ￿Mn¥￿e￿to OCCA and ha￿ Wor￿ wondws ov
the past three year¥. So ontyjgh of m? for¥Jty r•)￿scI￿ over thg ￿ I￿￿e yws. l on all ts good
Stl￿ wg have dorn Ihi$ year.
As m8ntk?ned atthe. we havg in(xwed Ihe number of e(kK¥1w)nal portner¥ y6af from Io $8ven, with th
addition of the Univer%ty of Lincc4n and we'll have more to o)me Ihe ¢rffihJ y8af. We also hab
enty.fve corporat8 Sp￿￿OrS, we arg au v8ry pleased to h&v8 you a￿ onboard aThl thank you foryour support.
ThL8 ygar we tsnp)yed anOt￿r Su￿B55TU1 ethNI th)n- SURFEX 2￿4, and l am very pleased to rgwt the suvplus
hÈs now been r*lNlat8d and we havg 888n a bkJ inmse In our profftdloLztion ¢omp8r8d to2022. treasurer,
Alex B￿ck i¥ also very happy ￿ the È&8otsation k8 Set to r8ceNe over £150,COO. This ryh)ney providgs OCCA
th greatfinancial stabillty forth¢ coming ypars will al￿¥ US to 0)ntin￿ anEI expandon the great workwe do.
My thBnks must go to L¥Jr8 V£rrilt and the SVRFEX board. and of r￿15& our partners. Stèp Exhlbth"on for
organi￿TrJ and dèliV￿r￿j ts event

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The asswation'8 ThmbetsNp ts)ntin￿ to 9rrvw, and we ￿￿e 888n 39 new athlg membars ovar the p&8t year.
mr*l Si￿9n1 m￿be￿ hav8 beoft gaknwl through univetsilyes aThJ increased ordlnary
m8mbe¥¥hips malnty dug toour exc&L￿Trt webSnar F¥ogramm8. We a￿ vthing irKrea$ing the number
of Fwfessional mernbe￿ and ￿ ￿11 soon be rDl1irvJ ¢¥Jt an automat￿ appI4'¢al￿)n and approval lo m8ke
Ihe wocess eo$l¢r&nd qutkerfor mom￿[$.
Our 8cademK links have b8en fijrthor strer*ned Ihia yettr, not onty wrfh the additw)n to CourLal la81 year of Dr
08vid W and Or Rob PkElroy. but akn our n8w Sbjdent L￿9180￿ Crfficar. l$la Tayly, hel￿r￿j wth the ¢(￿tIn￿
e¥pansh)n of CAsr industry I￿￿Jht se¥8(onB, pinir¥J Induslry exp8rts with stwJent8 to offfjr adw¢e on a81n￿
?mployrrnnt and to showrw8 our 1fid￿ to undargraduates. We 8150 prNdd ar¥)t￿r 8xcdlgnl tschnica
nlererthin Novembgr, very8btyoTraanoed by NTrkkn C￿roveand theT8chnical C￿mittee, butSURCON 2￿23
ad a hw8t as we cofiaborated Ihe UnI￿r￿ty0twaThickand hgkltho conferenc* In ￿lUn￿l0￿ with Iheir Polymèr
Club Semlnor. Th8nk5, mu5Èth ￿t0 DantalLester, Rachael Hènd, Stelan Bon and lan Hancoxfrom the unfv8r5ity
as this partnership workod very wdl with ¢J*g8t85 eThjO￿￿ firsi4lass hosptslty and eonferendry faTh1￿.98
combing industy and a&￿emIC kn￿￿Jge, wilh superb n8lworking 0￿rtUnitye5. 1)Jr ￿l￿boratiOn with the
Univ8r5Tty of Salfoftj ts $tlll going strong as w8 ddivered o thlrd S￿er￿ in Industry rmjule this ygar. aikJitK>nally
è consultabon pr¢)cess has started on the leasibilty and ¢￿￿￿￿t of a newdegre& courn8 Speci￿¢s￿ydeSIgned *ith
great&r in(knstrial col￿borat￿)n and c￿nI￿nI.
I have been consryow8 Ihat ￿￿r as•)daOon n8wJ8 8 V8r• ol rev8nu8 88P8cLqlty to avoid over
re11an¢e on the income generated ty SURFEL With thls In Mind, we arn IwkJTrJ t¢) fvrther inGrease the number of
porate sponsors over the r￿Mi￿ Y￿1, and w& are the earty stages of provKllry l)8spoke ar¥J Ilaxb
8tlngs relat&J trainmg COU￿ and ts)pe to Tun 8 trbol course wlth a lirnit8d number of slud&nts this year.
OurW98ktyWeblnar programme. dua to stsrta fourteenth ¥9ri8s, has hetr*d Ihe assrtLqth)n on m8ny leveb. Irom
Increasin9 M￿bernh¢p wrpor8te $k￿nS0￿ to trfvJosting our profile and ggnwating revenue. thanks to ouf
Mefflbetship and M8rkgting team he*Jed byZar8 Cunbffa. and ?$pecdtyAnn-Mats Ethgrxwton and Mark Hutton
for Ih¢ir trwn8ndou$ efforts in delivoriry thg webinws.
Richard Kenfiedy has help woduced anotherspx slunrring ￿￿tic￿$ of ￿1, vAlh th8 the￿ co(WP￿4￿2btsn$ T￿n.
headed ty Day￿ Willi8ma, and we have rwAived plenty of positK* feedback from our r¢*der5hip and incwsed
advertiwry interast. We aL80 suw83fiJlly trlklied a c￿￿page ftyer prornoYr¥J SCI CCCA membership at
SURFEX chem UK, whkh alowed act￿ lothe prevaling i$8ue.
It has l)egn a qu￿ year in le1ft￿ ol bufsaTi8S aThJ awa￿$, but ￿ h8vè bean ebkp to U88 sornè of th& 81inger-
GoTcN)nyi fvnd to help StUd￿ts with travd tts fXsnletpr￿S and to deliver sorro ol our ¥tud￿t eng8gemenl 8vènts.
We wll aL80 be Snlroduryng t￿$ membgrs trj Councll. one from x4demkq and one from industry, so on
they have begn dected it will be a well-b8Lqnced, ¢x)mmltt8d Strong C￿nd1 comp￿Ing of 18 peoplg. aH
focused on dè1lvt￿rtY our VISk￿ to M￿terS, F)8rtnws and the industry #5 a
W¢ have seen a grg*er thgreo of¢>)lIa￿r8tiQn withother industy*8kgholdern. 8sweioir*d for¢e$*ath the RSC
ond BCF in conjundhirTr wl¥) Cogent s￿￿3 b tr8Fn coatlrgs amb88s*Jor& Fouf of our c￿r￿11 members havg
rJJmpl8ted the￿r traning in addit'on to 8everdl OCCA memb8rB and the scheme has now trained over SO peoplè
nca rts Inr*ption. Thi5 collaboration wll continu8 over the comiTrJ ye￿3 lo pThSde further fjngageThgnt
opportunitie8 for thv grnbasSad￿ to pr￿[￿ wr industy and fftntial Career polh¥ bj students In sthwlj.
coll8ge5 and univets￿es.
Finally. I must Ihank ￿ryOne that h89 wntritrtJt8d to our 8UC(*88 y88r ar¥J mad& my Ihetry¢art8rwJr• both
gr¢ioyable Bnd tsvtrnitul. Our edU￿tional partners and corpornte spon$o¥s have not onty prtiwdod fin8nd81 support.
but afso a host of op￿rtUntt￿8 and wling vokjnteers as tr￿Y Sha￿ wr v￿¢￿. ¢)ur Contractors have gone above
and beyond in their work. creats.ng 8 very professional feel to OCCA esp8clally con$hleriThJ wo arB pftmarily
vglunlary run associalM)n. The SURFEX board #nd Step Exhibitions that have been wAh uslhrough turbulenttimas
thiring hxkdown. demonslr*sF*d on unneNng VAII lo gel the job don8 despitg nurrErous chaltengeB. Our growing
memb8r3hip that has eont¥wJed to support OCC& whether by attending axhibitlons and wetsinar5, or providirs
frièndly f8odbaek. Last trtrt r￿tleaSt. the band ofvoluntsers th* is OCCA C￿j￿1 and thgvarious Committees and
teamg. thank you for all thg haftl work and devolk)n ov8r thTrs afid th& past three years. I ha￿ been ￿7￿)
suth a wonde￿1 tgam and it htts been 8Tr honour 8ThJ 8 pleasu￿ to %wrkv4ith yryj alk

OIL AND COLOUR CHEMISTS ASSOCIATION
REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Now 86 my terTh LI ending. l am forwhat the futyro brings, as18upwt our pre￿deTrt Eht8bèth, l ￿6h
her well and a wedth of Su￿8$. gnd l Jook forward to helpin9 her realise her own V45KJn Br¥J •Yee8 for Ihe
association.
Paul ShgppaThl
OCCA President
STATeMENTOF TRUSYEE8' RESPOM9181LITIES
Th$ Trustees (who 8r8 a150 thedirectOTS of 00 and Co[￿r Chemi818' AEx¢kallon forthg purw)sg5 of comp8nylawl
are rn8ponslb19 forpr&p8riThJ the Re[KJrtQf￿ Twstees and the finanoal stat8m8nts in a0￿danc*wlth applicable
law and Unitèd K6ngdom ￿￿￿￿tIng StsThJaTds (Unrted KiNJdom Ggngrally knnbng F¥a¢ti¢el,
Indudlng Finan17al Reportlng Standard 102 Th Financiol Reporting St3ndaril 8ppllcgbb ￿ tha UK and Republi
ot Iretsnd,.
Compgny law Tequiw th8 Tr￿tl•S lo prepare fin8n(xal statements Iw eath fin￿GL91 year ￿Ech gN6 a true aTrJ
fair ￿eW of the slate of 8ff8n of the th8rilablB company 8nd tsf Ihe STrc4yr￿ng restsjl￿ anot applicothon of
re8ourw, tnduding the Ino)rng and expenditure. of th8 charFtAble company fr¥r that perkxl.
In prppgring those finan￿81 statsments. thg Tw3tees are required to..
• select Suitab￿ ac¢c4Jnting pOI￿a&S #nd thw appty th8m Con￿ty.
• obseNe the met￿)d$ arvj prinowes in the Ch8rity SORP.
make judgemènts and eslim*s that t￿ Yeasonabb and pr￿Je￿I.
prgpare the financlal statsm8rrts on the going concern ba$is unless it is inappropriale to presu
that the charitsble ccmpanywill continue in bJJsln8S8.
The TnJSt￿ a￿ ￿ponSIble for kneping proper accounting TeGords %thlth disdose r8a50nablè ae£uraGy, at
anytimo, Ihe fin8n¢*l ￿$1￿￿)nof the Charitsbk cOrn￿nyandto 8nabl8themto ensure Ih8tthBfinan¢Eal $tat8ments
eompty with Ihe Comp8nw Ad 2006. They Are also responsibk for safeguarding lh8 assets of t￿ charttab
company and hence forlaklThJ rga8on4tqè steps for the pr8ven11￿ éeteclttin of frauL1 and other irregulariUe&
In so far &9 the Trustg8s are awa￿.
there 18 Tr) relgV8nt audn Infomwlon ofvthkh charilat49 COmP8nrfs aud5b)r5 are ￿[￿%￿are.
theTftJstees have l*¢n dl st8pstst Ihgy oughtto ha¥elakenlom8kèthuwkn8awafÈofÈJw relevant
aud6t Informatr)n and to estobltsh tr￿t th8 aKSkns arg awaTrol that infc¥maticn.
INDEPENDENT EXAMINER
A rgsolutton wlll be proposed * th8 Annual General Mgeting kn ￿appO[rrt Cath•rfne Cde of DomèUyBefttl&y,
Chartere(l Arxountsnts, as independent examingr to the Charlty.
Th￿ report has beèn prepared In the 8pecd pThisiorts of Part 15 of Ihe Comp8niB8 Act 20C6
rel8tiNJ to small Com￿ni¢S.
pprovod by ordèr olthe board ofTru¥t8•8 on li￿
XOA
rwj signed OTh it$ b8haW ty.
M$ E Humphr8y- Pr8$

OIL AND COLOUR CHEMISTS ASSOCIATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OIL AND
COLOUR CHEMISTS ASSOCIATION
l ￿￿ttr1 th8chardy tNbts8sfmrnyexarinaltonotth8xcAml¥ ofth•(gJrnpwyforlhg)wreTrYod 31 ￿rnber
2024whkh are setsxrt cfi page8 9 to 19 Orth￿.
R•*pon81blM•s b4$1$ of r•port
Asth4 charitylrustess ofih•wmparty I0￿91$0M¥ dre¢￿r$forthOPuwQfLYfflpa￿I•wI￿U arereSpor￿
ror th• w8paRlkin ol th¢ ¥¥xunlJ in *x>ydanca requlrBrnents ol ts Comp*bs Ala 2CI)B Ilh8 2Q(
Ad.
￿h￿n9 s8llsfi&Y mysdFlhatth8 acc•￿￿01 compatyaY• requwedto beaudtt•J ￿derPart 16 oftha 2006
Acta￿Jare *it4efarw#lependantgx*DtswlKm. I re￿11 respect0fmywminatrjnofy￿(WP0AYsaCL￿Jnts
as c8rrAdout urthc Seth￿ 145 olthe ChOr￿A¢t 2011 fthg 2011 Adl. In rny ex0Nwrtht￿n I h8ve
fokn¥ad tha DlreLllffi¥ tyven ty undor ¥eckni 144SXbl ofth8 2011 Act.
knd•pwdènt•xanthnorf5 •t•t•m•nt
•xarnirthn wlng mè ¢￿￿e ts b8U8vethat in aty mththal re5wX.'
a￿L￿￿l¥j not k4t in resk*¢i 01 Ihe as wukgd by $96 of the 20]8 Art
or
th8 8crJiunts Ikj not8C¢A?rd%￿th th(6e records., or
th8 accth4nts ¢Jo Tr)t cunpty with the *ts)untiDa wuwefrenfs of 6ethJn 396 of the 20Q8 Ad thr th
any requlramenl t￿t Ihe 8¢xyJunt8 9Ne a'tr￿ and fairv*¥ is not a ￿ngXIer8d ao porl of
an Indep8ndert eXw1n￿on.. or
th8 aco)unts tov6 tttn popyred In ￿[dance wih Ihe methots ofth8 Staiement of
R￿ornmen￿ed Pr8thc¥ for •x¥￿tIng and tyy tharitros appliable to chaiitie¥ In ￿trIa
ith tho Fln8noal RewrtlrTg Sl&nd&rd aWl¢obl8 In th6 UK Republ￿ of Ireland IFRS 1021.
I no concern8 and have ¥ros$ rKJ Other rnAtIwsln ￿ThRe￿n with towhich ¥lt8nkn
sholdd bz dra￿ in rek*xtin OKdwtO 8nthe & rnrUr>J0￿r￿Ir￿J ofts •xwnis trj bg rexhe
Cdh.C
Catherfne Col8 BA FCA
ICAEW
DonnelyB8ntsy LI1￿le￿
HazlEmer•
70 Chorky ￿ Road
8okoTr. BL14BY
11 Jg

OIL AND COLOUR CHEMISTS ASSOCIATION
STATEMENT OF FINANCIAL ACTIVrnES (INCLUDING INCOME AND EXPENDITURE
ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
31.1124
Tot81
Funds
31.12.23
Total
Fund8
Vnrgstflct8d R¢slrlct
Funds
Funds
Notes
INCOME AND ENDOWMENTS FROM
Sponsvrships
Publications
SCI subscriptions
Mom￿rship 5ubsuiptKJns
Licen¢e fee Incomg
Ev8nts
Investment income
Gift aid receipt
Donations and Seco￿ m¢)niè8
25.000
2.768
10.006
15.108
2.500
24,619
2.101
138.325
2257
25.000
2.768
10,006
15.108
2.500
24.619
2,101
138.325
2.257
30.060
4,1D4
9,389
15,595
2,5DO
19,943
1221
2.437
Total
222.883
222.683
86.249
EXPENDITURE ON
Raising funds
Publications
Events
l)onatKJns
Other
Interest
52.365
14.941
7,740
70,614
52.365
14.941
7.740
73.297
52.137
20.717
2.683
76.893
Total
145.660
2.683
148,343
149.750
NET INCOMEIIEXPENDITURE)
BEFORE TRANSFERS
77.023
12,683)
74.340
{63.5011
TRANSFERS BETY￿EN FVNDS
NET MQVEMENT IM FUNDS
77,023
12,683)
74,340
{63.5011
RECONCIUATION OF FUNDS
Totsl funds brougm forward
(3B,7221
109.789
T1,067
134,568
TOTAL FUNOS CARRIED FORWARD
38.301
107,1(
145.407
71.067
Thè not8s fomi part ofthes8 fir￿n{￿OI statem8nts.
All incom8 and exp9ndttur6 deTives from continuing ￿lI￿tres.
Tho slatsrnenl of Financ481 AclivI￿ indudes 811 gains and losses recognl8ed during the year.

OIL AND COLOUR CHEMISTS ASSOCIATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
Unr•8trlctod Rostrlct•d
Funds
funds
31.1224
Total
Fund$
31.1223
Total
Funds
FIXED ASSETS
Investmènts
100
1CKI
CURREwf ASSETS
Debtors
Cash at bgnk
12
44.605
16,185
44.605
123,291
8.591
113,394
107.106
107.106
167.8
121.985
CREDITORS
Amounts falling duè wrthbn one year
13
{22.5891
(22.5891
151.018)
NET CURREMT
{LIABILITIESI I ASSETS
38,201
107.106
145.307
70,967
TOTAL AsseTS LESS
CURRENT LIABIL￿lEs
38.301
107.106
145.407
71,067
NET ASSETS
38,301
107.106
145.407
71,067
FUNDS
Unrestricted funds
Restricted funds
14
38.301
107.106
{38,7221
109,789
145.407
71.067
These fnanGial slatom¢nts have be8n pr8pared in aco¥)rO8nce th8 4)ecial provisions of Part 15 of
tr*e Companies Acl 2006 relating to dHrttablo smo11 compan￿.
The Company was entitled to 8xomption trom audit under section 477 of th8 Companies kt 2006
relating to small (X)m￿leS.
The membws have not roquir¢d the cijmpany to obtsin an audrt of its x¢ounts for the year ended 31
t)ecemb8r 2024 in acoydance wlh seciion 476.
Tho Iwstges acknowledoe Ih8ir responsibl￿ty for c￿mplyIng with the rgquirements of thè Companies
Act 2006 wllh wp8Ct to xcounting r￿rdS gnd th& preparatic￿ of the arxounts.
I i 2r)ig
The financial stslements w8re apwovwj by the Board cl Trusle8s on ...... ...
af￿ wwe SI￿ed cffi its b8haSf by:
s E Humph
ent
10

OIL AND COLOUR CHEMISTS ASSOCIATION
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUPMNG POUCIES
Basls of prnparfng the flnanclal statsm•nt8
Thg charity is a private company. limited by guarant8e. and registered in ErwJkgnd aNI Wales.
In tha event of th8 charity being W￿n￿ up. Ihe liabilty in rgspect of the guaranteg is limited to
£1 per member of the charity. Thg address of 18gi$iered offic* is gNen rn the th8rty
information on pago l of these fina￿lla1 slatoments.
The charity ￿NStitu￿8 a public benafft ontity as defined by FRS 102. The ffinancial statamer
havè been prepared in accxxdance with Accounting and Raporting ty Charities: Stalmnt of
Recomm8nded Pracknce appIl￿ble lo ¢h8ritiès preparing th8Jr 8¢{￿nts in &cLYdanc8 wlth the
Finan¢i81 Rep¢yling Standard appllcable in the UK and Republic of Ireland IFRS 1021 issued in
October2019, th& Financial R6porting Standard applicab￿ in th* United TrQ"ngdom and Republic
of Ireland IFRS 1021, the Charities Ad 2011, the Companies Act 2006 and UK Generally
Acc8Pted Practice.
Th9 charity has applied Updatg Bulletin l aspublished on2 February2016 and does nrtirKSud8
a cash flow ststoment C￿ the grouTh18 th81 gross In￿ne is b8b)w £SOO,O)O.
Th6 fina￿181 statements are prepared on 8 9oiTh3 ¢on¢em basls mdgr the hi8tort(g1 cost
convention, modrf￿d to iftclude certain items at fair value.
The significant accounting polKi8s applied in th• preparaion of thosè financial statements are
$91 out b8low. Theso Poli￿eS have been consistenlly *ied to all ￿r$ presontefl unless
othern￿$ stBted.
prepar￿0￿ of consolldatod flnanclal statem•rt¥
The finarrial statements contain infomi8tion about Oil aThl Colour Chemists A$s￿la110n as an
indivKlual ch*ltyand do not contain consolidatet1 financial infomiali¢)n as the parent of a group.
Tho charity is exèmpt undar Seclion 39912A) oftheCompanlesAd 20[6 from the rgquirements
to pr•pore consolidated financ4al ststements.
Inwme
All income is recognised in the St8tement of Financial Activities onG8 thg charity has
éntitlement to the funds. it Is probable that Iho In¢xme wdl bo raceived, and th¢ amount
¢an be measured reliably.
Income k% derNed from the folkn*ing sourcos:
Ston$orships- corp(xat8 $ponsornhip monies rec8iv8d from membe
Publicalions
(lerlved from sale ol ad￿rti$l￿ space in th8 bimonthty Surf￿¢ Coatings
InleTnattonal Joumal
Mombership T￿bS￿1ptK)n$- annual $ubscript•)n5 (1)argwJ to members.
Licence fe8 inex)ma- rnemb8r¥Np fees tharged undwa Licencelee arfawemenlwith a group
of member8.
Evenls- amounts ￿C81¥sd from centrnlly org8nis8d everts.
Otsw tradry aclivilie8- awKunts received In)m rogional se¢tim &venfs.
Investment in¢cffte- b￿k interest recelved.
GWI old rgCoipts- donat￿n re¢8lved from Surfex Linmted which k8 8 100% sutr6idiary.
11

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL sTATEME￿rs
FOR THE YEAR ENDED 31 DECEMBER 2024
Expondlturn
Liabilitt'es arn r8cognlsed as exp8ndI￿re as SOC￿ as tsrg Is a legal or fYJtK8tructivo obligatl
m)miiting th• charity to Ih*expenditure, it is probab18 Ihat a transfer of economic b8n¢ffts will
r&]uire(l in setdemant and th8 amount of the obl(gation can be measured reliably.
Expendtture. is acojunted foron an accruals basis and has been c1assffj￿d under headings that
aggregate all costr8laled lo the Category. Where costs cannot bè dir8cUyattritr4Jted to particular
headings, Ihgy have been 8lthat8d to athitbson a basis consislentwlth the use ofresourcfjs.
Tlxation
The Charity is exempt from corporatit)n tsx on its charitsblè activities.
Fund accounting
Unrestrictwj funds can bg u8&J in &cordance with the charit￿e Itiethves at the disL¥etion of
thg Ixu$to0s.
R881ricl8d funds can only bo usgj for parlicular rnstrided J>urrA)$8s within Ihe objects of th&
charity. ReslrictK)ns arlse when spe¢ffi&1 by the donN or when ftjtbts are r81sed for paFticul8r
restricted purpos8$.
Further explanation of th8 nature and purposo of fraGh fund 18 IndudBd In tha notes to the
finoncial stslèments.
For•lgn currenclos
Assets and liabiltlies in foreign ojrrendes ore translated into st8rlMw at thg rgtgs of exchange
rullng at tho balance sheet d8te. TransactNJns in for6ign cuNencies ore trans*ted into sterting
at the rate of wthange ruling at the date of tran88ction. Exchange differences are tsken into
account in a￿l¥Ifig al the opwating resulL
Inv¢6tmgnts
Inv85tments in subsidiortes are measured at ¢ost1888 imp8irm8nt.
VAT
VAT is r8covered on expgndrture relatlng tot8Xatle8uppli&s and 0 partial exemptlon ¢l¢ulalion
is prepared to ensure recovery of relovant residl￿ input w.
Golng cOn￿M
The finoncial ststements have been prepared on a going corKem basis as the tntste8s believe
Ih8t no material urhcertoinlies exist. The trustees have consid8r8d Ihe18vel of funds held and
the exp9clod level of in¢om8 and eXFéndiluro for 12 months from Outhc￿sIng thase financial
stat8merbts. The ixjdgeled incorne and expendthjre is sufficl8nt wth the level of reseryey frx
the charity to b8 able to conlinue as o going CCfKPm.
Cash 8nd cash 8qulvalents
Cosh and cash equsval$nts comprise cash on hand and call dopo$its, and othgr short-tsrm
highly liquid Invostments Ihatare readity convertible to a known amount ofcash and are suble
to an insignificant risk of change in v81ue.
Debtors and crndltorn recelvable I payablè withln onè y•ar
Debtors and creditors ￿th no stated interest rate arKI receivable ¢x poyabl8 ￿thin one year are
rgcord&l al trensaction pricè. Any losses arising from impaimient we r8cognised
&xpendrture.
12

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
31.IZ24
Total
nds
31.12.23
Total
funds
Unte$trictsd
fund•
nd8
Sponsorships
25,000
25.LXIO
30.060
30.09)
SUBSCRIPTIOMS
31.1224
Total
funds
31.1Z23
Totsl
funds
Unrnstrl¢tsd
Unretstri¢tod
SCI subsulptions
OCCA momt)eTships
Li¢on¢e fee inctsne
10,or
15.108
10,006
15.108
2,500
9,389
15.595
2.500
9,389
15.595
2,Y)O
27.614
27,614
27.484
27.484
Th8 Ucsnc8 Fee income is in r8¥ed ofan 8rrangerrthtwlth the South African brgnch.
INVESTMENT INCOME
31.1224
Total
fvndl
31.12.23
Total
fvnd$
Lknr•strf¢tgd
funds
Unratrid•d
funds
Deposit account intewt
2.101
2.101
2,221
2,221
l income in tha yearto 31 December 2024 and 2023 retated to urrt81ricted frjnds.
RAISING FUNDS
Oth•r tradlng actlvYI I
31.12.24
Total
nds
31.12.23
Total
fvnd$
Unre8trlclort
fvnds
funds
Section$ 8xpen6e8
13

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITABLE ACTIVITIES COSTS
Dlroct ¢osty
Unmtri¢t•d Roslrfctsd 31.1224 UNrn•trl¢t•d Rg8trkt•d 31.1223
Dd$
fitnds
Tolal
funds
Totsl
Furtds
nd5
Publicatons
Events
Donalio
52,365
14,941
7,740
52.365
14.941
7,740
50.967
19,727
1.170
52,137
20.717
75,¢)46
70.694
2.160
72.854
SUPPORT COSTS
Managemont
Totsls
Oth8r res¢)urcg5 expended
70.417
2.880
73,297
SuppcKt costs, includ8d in the above. are as fc41ow3:
Urtr•slrtct•d R￿trIct•d 31.1224 Unr•strfct•d Ra￿l￿d 31.12.23
funds
Totsl
fund$
funds
Totsl
Fu•MIs
fvnd8
AdMin￿tra￿'0n
57.669
2,683 fJO.352
58,128
75
58,203
Awards c¢)sts
Sundry cost5
Accountsn¢y
Subscrlpllor
Iwtdepend•nt
8xamin&tion fee
Travel o)sts
233
4,052
674
4,285
1,283
7.538
796
2.750
1.694
7,415
7,41S
2.880
2.750
956
2,038
70,614
2,683 73,297
4.801
76.893
INDEPENDEMT EXAIIINER REMUNERATION
Thg lotal f99 paid lo the Indytht Exarninw w88 £2,880 {2023.. £2.7501.
14

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REMUNERATION AND BENEFwf8
Thar8 were no Iru$tees' remun8r8tion or other b8fbefits for tho year ended 31 December 2024
nor for tho yegr ended 31 December 2023.
Trust•es' expenses
No trustaès (2023: nil} wgre ￿m￿r5ed ex￿se8 duriw the year (￿23.. £nlll.
10.
STAFF COSTS
Thoro ar9 no ejnployees whi receiv8d total wnployee benefits of mcyo than £60.00012023 ".
£Nill.
There warè no employees dvring the year exduding direct￿$ ond voluntary staff12023 .. Nil}.
11.
FIXED A88Ef INVESTMENTS
Shares In
grL>UP
undwtalElng*
IAARKEf VALUE
Al 1 January 2024 and 31 D￿rnber 2024
100
NET BOOK VALUE
At 31 08cemb8r 2024
100
At 31 December 2023
100
Th¢r& wore Th) investment assets oulst(1o tho UIL
The (#)mpany's inveslrnerbts at thè bslance sheet date in th8 share cai¥tal of c¢Nnpanies include
the following-
Surfex Limited- Compsny Number 02745686
Naknre of l)u$inos$: The organisation of txhbilions
Class of Sh￿fj:
Ordinary
holdlng
100
31.12.24
31.12.23
Tumover
Total 0x￿￿j1tUrg
A￿3regate capital and resgrvgs
(Lossyprofit for the year
155.9)5
145,143
1,308
11,2081
11.308)
10.762
15

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1124
31.12.23
Trad8 debto
Amounts owed from group undertakings
VAT
6.043
38,971
4,981
2.548
44.605
8,591
13.
CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR
31.12.24
31.12.23
Trado crgdilors
Amounts owed to group underlakin
Accruals & defefred income
14,140
2,982
28,841
19.195
8,449
22,589
51.018
A￿u81$ and defeffed incomtr indudes amounts recèived bythe companyin raspectof Ffepaid
subscriptions at 31 December 2024 of £1,13012023 '. £6.059}.
16

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
MOVEMENT IN FUND8
At 01.01.24
Not movemgnl
In fvnds
At 31.1224
Unr•strl¢tsd fund
Genoral fund
Kekwick Award
Benèvolent Fund
Jordan Award
159.1921
11,732
7,530
1208
77.023
17,831
11.732
7,530
{38.7221
77,023
38.301
Rostrl¢tsd fvnds
Tho Ellinger Gardcryi Fund
109,789
12.6831
107,106
TOTAL FUNDS
71.(67
74.340
145,407
Net movomlnt in frjnds. Includgj in the ab)vo as follcM¢s:
Inmmlng
Ruources
Trnnsfers
bel￿0
fund•
Movom•nt In
funds
•xpgnd
Unr•strld•d lunds
General f(Thl
222,683
(145,th))
77.023
Rgstrlct•d funds
The Ellinger G8rdonyi
Fund
(2,683)
12,6831
TOTAL FUNDS
222.683
(148,343)
74,340
Unmtrtctsd funds
The Kekwick Award and Benevol￿t Fund are long standing arT8ry&Thents wllh the alm of
$upporting educational developmer1tv￿thrn the coatings Industy. This is in lin8Wbth th8 general
purwJ5e oflhe a8socialion's activitie8 and no speofiGtronsadi)ns have been allocate(l against
these funds in recent years.
17

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Icontlnu•dl
Rastrl¢ted fund#
The purpose of the Elliiger G81th￿y1 Fund is to fadlitate prOMotic￿ of the educalion ond
SUPF(Jrt of future chemists.
MOVEMEKf IN FUNDS
Comparatlves for rnovemmt In funds
Net
At 1.123
In fund•
At 31.1123
Unrestrlcted funds
Gen8rBI fund
Kokw￿k Awar(1
Benèvolent Fund
Jordars Award
{2,6521
11.732
7.530
1.208
(56,540)
159,1921
11.732
7,530
1,208
17.818
156,5401
138.722)
R•$trld•d funds
The Ellinger Garfonyi FuThJ
116.750
16.961)
109,789
TOTAL FUNDS
134,568
163,$011
71,067
Net mov9menl in fuThJs. InckJd￿ in the above are a5 folluws:
Incoming
R•8our¢os
Rwourc•s Trnnsfern Mov8rn8nt lfi
expended
belwo8n
funds
funds
Unrnstrlct•d funds
Genernl fund
88.249
{142,789}
156.5401
Restrl¢ted funds
The Ellinger Gardonyi
Fund
16.961
I6,￿1)
TOTAL FUNDS
86249
(149,750)
{63.51)1)
Rgstrlcted fund8
During tho yearlhe Ethel Behrens fund wa8 transferred to Ihe general fijnd, brthe pury)ose of
furthering th8 9￿￿181 aclivitles ol the charity.
The purpose of th8 Ellinger GardOn￿ Fund is to facilitate pr&no11￿ of the education and
suprmyt offtrture themists.
18

OIL AND COLOUR CHEMISTS ASSOCIATION
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2024
15.
ULTIMATE CONTROLLING PARTY
The tharitablo company 1$ und8r th8 (*)ntrol of the Trustses.
16.
RELATED PARTY DISCLOSURES
During the year to 31 DBcemb8r 2024, oxp8ndibJre was Incuftgd from the folkwing partie$'.
Ms A M Ethgrfft￿ a director of Swfex Lwnited. whkh Is o wholly owned subsTdlary of Oil
and Colour Chemi* As80¢ialion, and Kaleidwo Colows Limiled.
Costs of £31.250 12023: £32,09)l from Kaleith)soJpe Cobufs Limited for adminislration,
bcokke8ping, consullancy and adverbsing sgrvrc8S.
Atthe balance sheot d8te Oil and C(Aour Chemists Association OY￿￿ £3.000 (2023.. £2,100) to
Kal8KJoscope Colours Limited.