2022-12-31-accounts - The Analytical Chemistry Trust Fund

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		Page
Reference and Administrative Details ofthe Trust, its Trustees and Advisers
Trustees' Report		2-9
Statement ofTrustee's	Responsibilities	10
Independent Auditors'	Report on the Financial Statements	11-14
Statement ofFinancial	Activities	15
Balance Sheet		16
Notes tothe Financial	Statements	17-25

REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	REFERENCE AND ADMINISTRATIVE DETAILS OF THE TRUST,	ITSTRUSTEES AND ADVISERS	ITSTRUSTEES AND ADVISERS
FOR THE YEAR ENDED		31 DECEMBER 2022
Trustees		Dr D C Turner FRSC,		Chair (to 7 July 2022)
		DrJ H Wilford-Brown,		Honorary	Treasurer
		Dr Z Ayres MRSC CChem, Chair (from				7 July 2022)
		Dr V Hilbome MRSCl
		Professor R Goodacre		FRSC1
		Dr M Bailey'
		Professor K Faulds	FRSC1
		DrJJones MRSC CChem1
		Dr I Ball MRSC CChem1
		Dr Leon Barron FRSC (appointed 7 July 2022)1
		Mr P O'Nion MRSC	CChem (appointed			1 November	2022)1
		" Elected Ordinary	Members
Charity registered number		268893
Principal office		Royal Society of Chemistry
		Burlington House
		Piccadilly
		London
		W1J OBA
Trust secretary		Dr R Hearn MRSC
		2Vine Villas
		Plough Road
		Epsom
		KT199RW
Independent	auditor	MHA Colchester Business Park
		910The Crescent
		Colchester
		Essex
		CO4 9YQ
Bankers		CAF Bank Ltd
		25 Kings Hill Avenue
		Kings Hill
		West Mailing
		ME194JQ
Solicitors		Bristows
		100Victoria Embankment
		London
		EC4Y ODH
Investment	advisers	BlackRock
		12Throgmorton Avenue
		London
		EC2N 2DL

The purpose	ofthe Fellowship is to assist early	ofthe Fellowship is to assist early	ofthe Fellowship is to assist early	ofthe Fellowship is to assist early	ofthe Fellowship is to assist early	career analytical chemists within five years of their	career analytical chemists within five years of their	first full-time
junior academic		appointment at a British or Irish Higher Education Institute to establish their own						independent
analytical science		research		identity.	The 2022 Fellowships off30,000were awarded to:-
Awardee				University(institute		Fellowship Title
Dr Priyanka	Dey			Portsmouth		Developing meso-deep Raman instrumentation:		An
						analytical tool for depth encoded biochemical	information
						from whole animal organs
Dr Jon Ashley				Liverpool		Aptamer and nanoMIP Beacons for Russian	Doll Style
						Recognition in Iherapeutic Drug Monitoring
Dr Howbeer	Muhamad		Ali	Liverpool		Using a combination ofspectroscopy and mass
						spectrometry-based imaging techniques for	better
						understanding ofantimicrobial resistance in	biotilms
Dr Ying Fu				Stratchclyde		Next generation oforganic bioelectronics for	rapid and
						regentless diagnosis ofsepsis

Region	Winning School
EA	King Edward VI Grammar	School
IRE	Sancta Maria College
MD	Nottingham High School
NE	Durham Sixth Form Centre
Nl	Dalriada School
NW	Lancaster Royal Grammar	School
SCO	The Glasgow Academy
SE	Oxford international College
SW	Ribston Hall High School

					Unrestricted	Total	Total
					funds	funds	funds
					2022	2022	2021
				Note	f000	f000	f000
Income from:
Donations and legacies							2
Investment income					289	289	259
Total income					289	289	261
Expenditure on:
Investment management		costs			40	40	50
Charitable activities					1,027	1,027	488
Total expenditure					1,067	1,067	538
Net expenditure before investments		net (losses)/gains	on		(778)	(778)	(277)
Net (losses)/gains	on investments				(1,395)	(1,395)	1,063
Net movement in	funds				(2,173)	(2,173)	786
Reconciliation of	funds:
Total funds brought	forward				12,113	12,113	11,327
Net movement in funds					(2,173)	(2,173)	786
Total funds carried forward					9,940	9,940	12,113

	Activities	Grant
	undertaken	funding of	Support	Total
	directly 2022	activities 2022	costs 2022	funds 2022
	f000	OOOO	K.OOO	f000
Grant funding		866	77	943
Schools analyst competition	56			56
Conferences	12			12
Governance				16
	68	866	93	1,Q27

Analysis ofexpenditure on charitabl	e activities - by type (c	ontinued)
	Activities	Grant
	undertaken	funding ol	Support	Total
	directly	activities	costs	funds
	2021	2021	2021	202'l
	f000	f000	OOOO	OOOO
Grant funding		399	33	432
Schools analyst competition	30			30
Conferences				6
Governance			20	20
Total 2021	36	399	53

				2022	2021
				8000	OOOO
Auditors'	remuneration	—Audit ofthe	financial statements
Auditors'	remuneration	-Preparation	ofthe financial statements
Auditors'	remuneration	- Under accrual of prior year costs
					20

Creditors: Amounts falling due within one year
	2022	2021
	OOOO	f000
Other creditors	324	293
Accruals	52	38
Future grant commitments	464	121
	840	452