**SCIENTIFIC INSTRUMENT SOCIETY Report to the Charity Commission** 

## **2023** 

## **1. INTRODUCTION** 

## **OBJECTS** 

In the interest of the public benefit and education, the objects of the Society are the promotion and advancement of the knowledge of the history of scientific artifacts and their preservation. 

## **POLICIES** 

The main policy of the Society is to provide the infrastructure to gain its objectives and in approved cases to provide financial assistance by which its members and others may benefit in some aspect of their activities whilst helping to achieve the objects of the Society. 

To achieve this overall policy, the Society maintains a worldwide membership, issues the Bulletin of the Scientific Instrument Society, holds regular meetings and conferences, and contributes where appropriate to debate on issues concerning the objects of the Society. In terms of direct financial benefits, membership for students is subsidised and grants are made to individuals for research work related to the Society's aims. 

## **GOVERNANCE** 

The society was formed in 1983 and is a registered UK charity, number 326733. It is regulated by a written constitution last amended in 2022 (to include this clause in 8.2 _Should there be no other volunteers or nominations for one of the three time-limited positions, then that person may, should they so wish, remain in that position for the following year subject to approval at the AGM_ ). The appointment and induction of new trustees is carried out as appropriate to the needs and best interests of the society. 

## **ORGANISATION** 

The controlling body of the Society is its Committee in which several members hold designated posts (e.g. Treasurer) and which includes up to seven ordinary members of the Society. Elected Members of the Committee are the Trustees of the Society during their terms of office. (The Committee may co-opt other members of the society but these co-opted members are not Trustees of the Charity.) There is an Executive Officer responsible for the day-to-day administration of the Society; this post is provided under contractual terms and is reviewed annually. No member of the Committee receives any remuneration for services to the Society but expenses may be paid in approved instances. 

## **ACCOUNTING** 

The Society is not obliged to have a full audit of the accounts, and therefore the Committee has chosen to have the accounts examined. For this year the examination was carried out by Hunter & Co. Chartered Accountants. 

Accountant Hunter & Co. Chartered Accountants 415 Blackburn Road, Bolton, BL1 8NJ 

Bankers Lloyds Bank plc, Commercial Banking, P.O. Box 1000, BX1 1LT 

## **2. REVIEW OF ACTIVITIES** 

## **ANNUAL GENERAL MEETING** 

Page 1 of 4 

Charity Report 2023 



The 40[th] Annual General Meeting was held on Saturday 15[th] July 2023 at 12.30pm at The British Optical Association Museum, 42 Craven Street, London WC2N 5NG and via Zoom. 

The following elections were made: 

**Officers** Chairman Neil Handley Vice Chairman David Howarth Treasurer David Howarth Editor Willem Hackmann Secretary Alison Boyle Meetings Secretary Louise Devoy Grants Stephen Burt 

## **Ordinary Committee Members** 

Nicolás de Hilster (Website); Michael Stewart (Advertising and Marketing), Alex Rose 

## **OTHER MEETINGS** 

The Annual Summer Study Tour took place in mid-May in Boston and New England, USA, thanks to the help of local members, Sara Schechner and Ken Launie at Harvard, and Rich Kremer at Dartmouth College, New Hampshire. 20 delegates from the UK, Canada, Denmark, Italy and the Netherland as well as more local members from the US enjoyed a fabulous week of behind-the-scenes visits to university collections, historic observatories, horological collections and navigational collections that really showed the breadth and quality of instruments available in the region. 

The Society’s AGM took place on Saturday 15[th] July at at 12.30pm at The British Optical Association Museum, 42 Craven Street, London WC2N 5NG and via Zoom.  It was attended by 22 people (9 on Zoom) The meeting was followed by a curator-led tour of the museum by the incoming Chair Neil Handley. 

The Society continued with the monthly online lecture series for our members ‘Fireside Chats’, which proved to be a great way to stay connected with our international members.  Seven talks took place with approximately 30-40 members attending each event.  Our speakers spoke on a range of topics including Russian exploration and British navigational instruments in the beginning of the 19th century, Restoring Scientific Instruments, Rare Masters of Nuremberg Ivory Diptych Dials and Creating digital records on shared public storage, 

On Friday 3th November the Society’s 11[th] Gerard Turner Memorial Lecture in honour of the Society’s first President and founding Chairman took place at the Royal Automobile Club in London, a fitting venue to celebrate the Society’s Ruby Jubilee. 

This attracted an audience of 16 people to hear guest speaker Bert Degenaar, founding member and wellknown collector based in the Netherlands. 20 attended in person and it was also live streamed on Zoom. 

## **MEMBERSHIP** 

The annual membership subscriptions for the year 2023 were increased by 14% in order to keep pace with inflation: 

Residence in UK £63.00 (Family £72.00) Residence in Europe £80.00 (Family £86.00 Residence in Rest of World £86.00/$124 (Family £91.00/$132) Student rate £23.00 in UK & £36.00/$53 elsewhere 

There were 368 members as at 31 December 2023, a small decrease on last year. 

Page 2 of 4 

Charity Report 2023 



## **THE SIS BULLETIN** 

Four issues of the Bulletin were published on time during the year. This continues to be the Society’s main vehicle for achieving its objectives. 

## **THE WEBSITE** 

The website continued to be developed as an increasingly important vehicle of communication. 

## **RESEARCH GRANTS** 

The Society has agreed as a means of furthering its objectives to award a number of grants to assist research in its field of study on a regular basis. Details were published in the Bulletin, on the website and by direct communications to academic departments.   13 applications were received and 4 awards were made for the 2023 awards. Grants are paid when applicants have carried out the relevant work but are accrued to our accounts at the time the application is approved.  3 were paid this year. 

## **SUPPORT FOR PUBLICATIONS** 

The Society has a policy of making advance purchases, on behalf of members, of important reference works which can secure the publication of specialised works  In 2023 no purchases were made. 

## **3. FINANCIAL RESERVES** 

The Society has no income from investments as such but has sums deposited in an interest-bearing savings account. This capital acts as a source for charitable activities and a reserve against uncertainties. The Society is not active in 'fund-raising' but receives small donations from time to time. Conferences are essentially self-supporting and any surplus is directed to furthering the Society’s objectives. 

The Society supports student membership at reduced rates and seeks to promote specific items to achieve its aims rather than the general distribution of its charitable assets. Thus sums are made available from time to time for research, publications, etc., all requiring such sums to be available when required. 

The reserves policy may therefore be stated as the maintenance of sums on deposit to provide a source for major charitable activities and a reserve against uncertainties, any income from which is directed towards the running costs of the Society. Figures given for levels of reserves relate only to that money which is currently available for use by the trustees.  As at 31 December 2023 the Society's net unrestricted funds amounted to £27,078. 

## **4. RISK ASSESSMENT** 

A full risk assessment was carried out during 2008. The Committee reviews this on an annual basis and is once again able to confirm that the few risks to which the charity is exposed have been identified and suitable precautions are in existence. 

## **5. ADMINISTRATION** 

The Committee met on five occasions during the year. 

Our Executive Officer for the past 6 years has been Mrs. Sarah Cavalier. All enquiries should be addressed to: The Scientific Instrument Society, The Old School House, School Lane, Stadhampton, Oxfordshire, OX44 7TR E-mail info@scientificinstrumentsociety.org 

The Society has a website at www.scientificinstrumentsociety.org 

Page 3 of 4 

Charity Report 2023 



## **6. FULFILLMENT OF CHARITABLE OBJECTIVES** 

As detailed above the Society continues to fulfill its objectives by publishing its learned journal on time four times a year; by holding lectures on appropriate topics which are open to the public and in the case of the Annual Lecture without charge; by arranging and organising study tours, by supporting the publication of educational books in its field of interest and by the award of research grants. 

## **7. DUTY OF TRUSTEES** 

The Trustees confirm that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to the guidance published by the Charity Commission. 

## **8. ADOPTION** 

This Report was adopted unanimously by the Committee in its meeting on Saturday 15[th] July 2023. 

Charles Miller 

Chairman of Committee of Trustees 

Page 4 of 4 

Charity Report 2023 



REGISTF.RF.D CII,IRITI' NI'.IIBER: 326733
311)I,'C'Tr'%IIIF'R 2023
-()R
SCIF.N'I'I& I(. IN.%'l'RI'llb:N-r s()C'l E'ri.
FlunlLr & Co.
CharlLrL.d Aiiuuntants
415 BlaLkburn Road
Bulion
EIL18NJ

SC".lTr-)TlblC' IN%-fRI'IIENT SO('IETI'
C.()JTTr-NTS Ob TFITr' tyINANCI,11. STAI'Tr.NIF.NTS
()R-I'llTr- I'b.AR Tr"%DTr:D 31 DEC.Tr.IIBLR 2023
Page
RLFxirl of IhL IrustLes
Ind¥pLndenl cxaminLr's reEM)rt
Si&lLmL'ni ol. Iinancial activitie5
Ilul#nce sheet
NolLs lo the finanLial stalcment5
Sto7
t)elailLd 5tatLment or rinancial activili¢s

s(:ITr.)'I-ITr IC. IN%-I-RI'.NIEN'I' SOI'ITr.TI'
RTr"PORT Ob "I"RIF. I'RI'SI'fr'ES
TrOR'I'llb' I'&',IR Tr'SDF:D 31 DTr.('Tr.%IBER 2023
The trusi¥LS preseni Ih¢ir rcw)rt wilh th¥ financial statements ol. thc charit). for th¢ )'car cndLd 31 DeC¢m￿r ?013. -1.hc
tru%tCLS have adopied IhL pro￿lS￿On5 of the %iuiiment ol Recomm¥nded Practice ISORPI 'ALcounling and Rbporting by
Chariiies. i5su¥d in March 2DO5.
Regi5¢ered C.'harity numher
3)6731
Prinf ipal address
C.ii¥dliLr
'I'hL ()Id %chn()l House
SLh()i)I l.an¢
Siadhumplon
Oxf(Ird%hirL
OX44 71'K
I'rustees
Dr N¥il I lundlL>
l)r W'ill¥m I lackm&nn
Mr l)uvid I l()warth
l)r l.(iui%L I)LVOy
l)r Ali*i)n11()>'lc
Mr IMiLhuL.l %i¥warl
l)r %iLph¥n Ilurt
Dr Ni¢i)l&% d¥ I lil%ier
l)r AILX Ri)4L'
Mr CharlLs Miller
resignL.d i Jn123
Independent ex4miner
lan I lunlLr
I ILinlLr & C().
ChartLrLd AcLauntoni
415 131oLkbLirn Ri)ud
IJI. I SNJ
Gvvcrnin% document
"I'hL ihurilN' 14 ¥()nlri)IILd by il.4 govLrning d()¢umL'ni. a dcid ol'tru5t. and Lonstitutcs an unincorwratcd charit>'.
Risk mllnll%tment
"I'hL Iru%l¥i% huvi a dut>' tn idcnlil>' and rn'vilw the risks to which the charity i) L'xpos¢d and to ensurL' appropria¢¢
ionlrolb #re in placL' to provide r¢asonablL abburanLe against frllud and error.
ApprovLd b>. ordLr orth¥ i￿ard of Iru%1¢¢5 on
and 5igncd on il5 bL.haifby'.
Dr NLil I landlL>'
Pagc I

INDF.PF.NDb:Nl' F.X,I.NIINF.R'S RF.PORT TO TFIE TRI'STEF.S OF
SC'ILNTITr-IC' INSTRI'NIENT SOC'IETI.
I rcport on the accounts for thL year cnded 31 Dccembcr 2023. which are set oui on pages ihree to seven.
Re8ponsibilities and busis of report
A% IhL Lliurit) % Iru%lL¥% vou arl rL%P()n5ibl¢ for th¢ p￿par￿li0rt of th¢ acLoun15 in a¢cordan¢¢ with ihc requirements or
the Chariiies Act ?01 I I'ihe Acl'}.
I have examined your charity s aLLOUllts as rcquired undLr section 145 0l.thL Charities Act 2011 (Ihe Acl'l. In carr)'ing
out m!. examination I have followed the Directions given by the Charity. Commission under section 14515llbl of the
2011 Act.
M>. TUIL is to stale whLthLr an). materi&l mailers have come lo my alllnlion giving m¢ cause to believ¥.'
th￿ a¢¢ounting r¥¢urds wer¢ not kept as required by section 110 of the Act: or
Ihai ihL aiLounis do not IhLLord wilh ihoSL rLcords: OT
thai ihL' IILciJullis d() n()t L()mplJ wilh lh¥ aiLouniing TLquiremenls ofthe Act: or
Ihui ihLfL' is furthLT inf()rmu(ii)n nLLdLxI f()r u pr()￿r und¥rstanding ofih¢ acwunls.
Indcpendtnt e¥4min¢r'y st¥tement
I hai'l Ll)Inpl¥l¥d MJ ¥xaininuti(In and hRvL no LollcLrns in respLYt of thL mattLrs 111 to 141 listLd above and. in
Lunn¥¢ti()n w'iih following ih. DirLLtions of thL Charil>' Comrni%%ion I have found no maiters thai rL'quire diawin8 10
your aiK'nlion.
an I lunlLr
ICAI.:W
I lunt￿r & C().
('huniK'd ALL(iunluni
415 141u¥kburn Rvud
Bi)li()n
1.18NJ
t)at¥'.
Page 2

SC.'IENTIFIC: INSI'RI NIENT SOCITr:TI'
ST.4'1-I.IIENT OF FIN,INCI,IL ACTII'ITIF.S
FOR-I-FIfr. I F.AR Tr.IDTr.D 31 Db:(.-fr'llllTr.R 2023
2023
Restri¢lcd -fotxl funds
fund
I'nrestrirted
fund5
Total lund
Not
es
INCQIIINC. RTr:SOI'R('F.S
In¢ominkw rcs1)urce5 from Renerated fund5
V(Trluntar>' incoinL
ALtik iliL% lor gLnLrating lund
InvLslmLllt incom¥
28.784
19J44
220
28.7114
1gJ44
220
?6.075
4.980
94
Totul incomini resources
48J48
48J48
31.149
RI,-4()I RC"Tr.S F:IPF:NDb.D
C'haritable Metii itieq
C()nlirL'n¢¢s
I.'KP4ndilur
(•(iTrcrnHnce cost5
2.731
?9.1.15
6?4
33.699
660
33.699
660
'rotal re8oure¢s exp¢nd¢d
32.490
R Tr.&i()l R('Tr'.S
120861
12.8861
{1.3411
R Tr.C'l)NC'II,I,I'I'ION OTr Tr I'NDS
.1 olal fundj hrouRht fnrward
29.961
29,964
31.303
-r()-I',11. F l Nl)S C',IRRI b:1) b()RII',IRD
27.07
27,1178
29.964
l-he notcs forni part of thc5c financi￿ statLm¢nts
Page 3

SC'lb:N'l'IFIC" INSTRI'NIENT SOCIETI.
B.11,,INC'E SIIF.ET
,I'1-31 DF.CE.IIBTr.R 2023
2023
Restricted Total fundy
fuad
2027
-1 otal fund
I'nrestrieted
funds
Not
es
C'I'RKTr:NT,ISSE'I'S
Si()Lks
Debtor
Lash a( bank
1,940
1,940
1.940
1.327
33.43?
30J23
30J23
33.120
33,120
36.699
I'RTr:DI'I'OR.¢
Aii)ounls 1(Illinx dui wiihin oty y¢ar
16.0421
16,11421
16.735)
)Tr:I' C"I'RRTr.)T ¢lSSTr-'I-S
27,078
29.964
Bl l.l-l-l Tr-
27.078
27,Q78
29.964
29.964
Ilnr¥4lriLILd funds
27.078
29.964
T()'I',11. Tr'I'ND¢
?9.964
'I'hL linuniial stalLmentS WLfL approved b>. lh¥ Board of 'frustees on
IK.haifby'.
IS,7.
and WLre sign¢d on its
Dr Neil I landl¢y -'] rubtl
Mr l)uvid I lo￿arth -'I'rustee
I'he not¢5 forni part of Ih¢s¢ financial statements
Page 4

S(-IEN-I'IFIC. IISTRI'NIENT SOC'IETI,
No'rTr.s TO TIIL FINEIN(:l.-11, s-fATTr-IIF.N-I'S
F'()R'IIITr- 1'Tr-.4R Db:D 31 1)Tr.C'Tr-.IIIITr.R 2023
,11.'coI N'I-INC: poI.IcI Tr-s
,l¢countin% con% ention
'rhL Iinaniiul qlaiLmLn15 have b¢cn pr¢parcd under th¥ historical cost ¢onv¢nlion. and in accordancL with the
l.inanLial Rcporting %tandard lor %TlldllLT l.'ntities ILIYLLtiv¢ April ?0081. the Chariii¥% Aci ?01 l und the
requiremenis of ihe Statement of Recommended Practice. Accounting and RL'poriing by Lhariti¢s.
Inf nming rciouree8
All incoming rLgourLL% aTL illLludLd on ihL Siot¥m¥nl Dl. finanLial AcliN'iti¥s when th¢ Charity is ligall>' entitlcd
Ii) Ihe inLI)mL and IhL amounl can quuniiliid 1% ith rL'ds()nahlL a¥¢uraiy.
Re81)urce5 expended
I.-XPLndiiur¥ 1% ￿¢{1￿￿1¥d for on an &LLruals basis and has tK'¢n Lla%%ifiLd utkdLr hLadings that aggrcgatL all cost
rL.lalLd i() the LaiLglOrn.. WhLrc Ll)%1s Ldnn()I bL. dirLLiI> dllribui¥d 10 pdriiLular h¥dding5 thLy haN'L bL'L'll all()Lalid
to aLtiviii¢s on & con4islcnt with ihe U5L' ol-rcsourc¢s.
SIDck¥
%tllLk4 arL' trlllued at the lower of cost and nLI rL'alisablL value, after mukin8 du¢ allowancL for obsoIL%lL and slow
moving il¥ms.
"I'hL Lharil>' is eicmpt from l&i on il% ¢harilablL aclivilies.
-und aceounting
Ilnr¥%iricl¥d lunds Lan bL UbLTrd in ￿lL￿rd￿n(l, with thi ¢harilabli objkYlivLs al th￿ disLretion ol'thL tru5tLC5.
R¥strictcd fund5 clln onl). b¢ us¢d for parlicular rn'strici¥d purposes M'ithin thL objLCt4 of th¢ ¢h&rity.
RLilriLti()ns orisl wh¥n %p¥cifiLd b). lh¥ diini)r ()r whLn lunds arL TiIi%L.d l()r purtiLular ristriLl¥d purp(I%Ls.
l-urthLf Liplanaiion of IhL nalLif¢ and puryx)se ol'¢ach fund 14 inLludLd in the noics lo ihl financial slatemLnts.
A("l-Il'l'l-l Tr:Si Tr-()R C:Tr:S Tr.R,I'I'IN(: b I'NDS
2023
20?2
Conf¢r¢nc¢s
19.344
4.980
INVTr:STMTr.NT IJC'.OTrIfr.
2023
702?
D¢po%il aLLouni iniLres1
2211
94
'I'hLfc WLre no trustLc%' rLmunLration or uthLr b¢n¥fits for th¢ year ended 311)ccembcr 2D23 nor for th¢ y¢¥
LndLd .1 I I)LLLmlK'r 102?
'rru$tees' expenses
"I'hLfL WLfL n(I IrustcLs' cxrKns¢s paid for thc ycar cndcd 31 December2023 nor for the >'ear ended
31 December 2022.
Pag¢ 5

SC'IF.NTIFlC.' INs'fRI'NIENT SOC.IETI"
O'l'F.s'ro THF. FI).I)C.I,IL ST.4TF.￿I￿.￿.r5- CONTINI'ED
'OR-I'II L I'E,IR DTr:D 31 DF.C'Tr:IIBb-R 21123
STOCKS
2023
StULks
1,940
Dfr-B'I'ORS: ,INIOI'NTS F,11.I.INC: DI'Tr: W'I-I-HIN ONE I'E,IR
2023
2022
'I'radL dLbtors
Other dcbtor5
127
730
1?7
1.2UO
1.3?7
C.'R Tr.DIT()RF>: ,*.￿[()1 N-I'S Tr'AI.I,ING DI, E W'i'riii) o) F. I'Tr.,IR
2023
2022
()thLr Lr¢dilor
6.042
6.735
mo%'¢m¢nt in
funds
At 1.1.23
,It31.12.23
I nrcyiri¢l¢d fundy
CjLnLral lund
29,964
12,1116}
27.078
'I'o'r,11. Trl'ND
29.964
2,886)
N¢1 movim¥nl in funds. includcd in thi abuv¥ ar¢ as follows..
Inciiming
re%iJurce%
Rcsourf cy Nlovem¢nt in
t￿pended
fun(18
I nrestrif tcd funds
Ci¥niral lund
48J48
1%1.234}
(2,8861
TO'I',11. FI'ND6)
112341
Page 6

SC'IE:N'l'lblC' INSTRI'NIF.NT SOC'ILTI.
IOTLS TO'I-IIF- Tr"IN.INC"I,ii, s-i-.-i'rTr.NIE)'IS- CON'I'INI Tr.D
FOR I'IITr; I'fr...IR ENDTr-D 31 DF.C'Tr..%IIITr.R 2023
-IIOI'EIIE)'I- IN. b l N DS - continued
C'ompar#tii'e5 for movement in fund$
I'rgnsf¢rs
bctmcen
funds
moi'ement in
funds
,It 1.1.22
At31.12.22
I nr¢strietcd Trunds
GLnerdl lund
30.777
IlJ411
29,9fA
Restricted & und$
13ungL Award l.und
528
I'OT,11. bl NDS
31,30.S
lJ411
Comparativc nLI movement in funds. includLd in thL aix)v¢ are as follows..
Incomin%
rciourccj
Resouree8
expended
oi'im¥nl in
funds
I nre5tricted fundq
G6￿.￿] I'und
31.149
(32.4901
{lJ411
31.149
32,4901
lJ411
A curN'nt yLar 12 monihs 2nd prior yLar l ? months ¢ombin¢d position i¥ as f(Illows:
'] run5fcrs
bet￿ten
funds
movement in
fundj
Ilt 1.1.22
,It31.12.23
I nr¢5trictcd fund$
(iin¥ral liind
30,777
(4,227)
27.1)78
Reltrieted funds
Ilun￿l Awurd l.uiid
TO'I',11. Tr I'NDS
4,2271
27,078
A currLnl ylar 12 m()nth.s and prior )'car l ? months combinLd nLt movcmcni in lund5. includcd in thL abovc arc
as foll()ws'.
Inf oming
rtsourees
Re50urcey Ilovement in
expended
fundy
I'nr¢stricled funds
CJ¢n¢ral fund
79.497
83.7241
4,2271
I'O-I',IL bl NDS
83 724>
Page 7

S(.'ILN'I'lblC". INSTRI'IITr.NT SOCITr.TI'
DF.T.111.ED ST,ITF..NIEN'I' Ofr. frIJ.I)C'.I.II. .ICTIN'ITIES
FOR I'FIE I'E.IR F:N I)1,'1) 31 1)1,:I'Tr-NI11Tr-R 2U23
2023
2022
INC.'O.IIING RTr,SOI'RC'.F.S
I'i)lunt#ry income
D(Trnaliuns
(Jill aid
Sub%Lriptivn
AdNerts
8ulLs %undri¢s - net ol'costs
M-l. h(H)k %dlLS- nLt ol'costs
P()kL book salL's- n¥t
C ataloguL 5al¥'s
Ramsd¢n Ix)ok sal¢s- nel
1,000
908
20,808
-5,430
32
831
18,763
6.402
-35
130
335
76
44
211,784
26.075
.Activities fur Reneratin% fundg
C'()nlL TLIICL
19,344
4.980
Invt¥tment inf omc
l)LrKisit LL()unt intLfL51
220
94
'I'otal in¢omin% res<)urces
48,341
31.149
R Tr-fi()I KC.'Tr:S Tr:XlJb:ND&.I)
('huritable 8cli%'itl¢8
C(InlLfL'nLLS
16,875
17.296
3117
2.731
15.431
.115
7.0110
1,91?
2.134
Ciimmiii¥i L Ypinscs
I.'XLLUtIlL oIIiLK'r
(Jrun15
l)K's¥niution m¥dals
Vi'¥b ri.lai¥d L()*t
InsuranLL' and Lh8rg¢s
W'rLath d()nati()n
Diinativns
2.2.$0
1.346
316
2,279
31.866
ernance eoytl
Acc()LinlanLN
660
624
Total resource5 expendcd
3?.4
et expenditure
2JIY61
1.3411
'I'his pag¢ does not form part of the 4talulOry' financial statements
Page 8

REGISTF.RF.D CII,IRITI' NI'.IIBER: 326733
311)I,'C'Tr'%IIIF'R 2023
-()R
SCIF.N'I'I& I(. IN.%'l'RI'llb:N-r s()C'l E'ri.
FlunlLr & Co.
CharlLrL.d Aiiuuntants
415 BlaLkburn Road
Bulion
EIL18NJ

SC".lTr-)TlblC' IN%-fRI'IIENT SO('IETI'
C.()JTTr-NTS Ob TFITr' tyINANCI,11. STAI'Tr.NIF.NTS
()R-I'llTr- I'b.AR Tr"%DTr:D 31 DEC.Tr.IIBLR 2023
Page
RLFxirl of IhL IrustLes
Ind¥pLndenl cxaminLr's reEM)rt
Si&lLmL'ni ol. Iinancial activitie5
Ilul#nce sheet
NolLs lo the finanLial stalcment5
Sto7
t)elailLd 5tatLment or rinancial activili¢s

s(:ITr.)'I-ITr IC. IN%-I-RI'.NIEN'I' SOI'ITr.TI'
RTr"PORT Ob "I"RIF. I'RI'SI'fr'ES
TrOR'I'llb' I'&',IR Tr'SDF:D 31 DTr.('Tr.%IBER 2023
The trusi¥LS preseni Ih¢ir rcw)rt wilh th¥ financial statements ol. thc charit). for th¢ )'car cndLd 31 DeC¢m￿r ?013. -1.hc
tru%tCLS have adopied IhL pro￿lS￿On5 of the %iuiiment ol Recomm¥nded Practice ISORPI 'ALcounling and Rbporting by
Chariiies. i5su¥d in March 2DO5.
Regi5¢ered C.'harity numher
3)6731
Prinf ipal address
C.ii¥dliLr
'I'hL ()Id %chn()l House
SLh()i)I l.an¢
Siadhumplon
Oxf(Ird%hirL
OX44 71'K
I'rustees
Dr N¥il I lundlL>
l)r W'ill¥m I lackm&nn
Mr l)uvid I l()warth
l)r l.(iui%L I)LVOy
l)r Ali*i)n11()>'lc
Mr IMiLhuL.l %i¥warl
l)r %iLph¥n Ilurt
Dr Ni¢i)l&% d¥ I lil%ier
l)r AILX Ri)4L'
Mr CharlLs Miller
resignL.d i Jn123
Independent ex4miner
lan I lunlLr
I ILinlLr & C().
ChartLrLd AcLauntoni
415 131oLkbLirn Ri)ud
IJI. I SNJ
Gvvcrnin% document
"I'hL ihurilN' 14 ¥()nlri)IILd by il.4 govLrning d()¢umL'ni. a dcid ol'tru5t. and Lonstitutcs an unincorwratcd charit>'.
Risk mllnll%tment
"I'hL Iru%l¥i% huvi a dut>' tn idcnlil>' and rn'vilw the risks to which the charity i) L'xpos¢d and to ensurL' appropria¢¢
ionlrolb #re in placL' to provide r¢asonablL abburanLe against frllud and error.
ApprovLd b>. ordLr orth¥ i￿ard of Iru%1¢¢5 on
and 5igncd on il5 bL.haifby'.
Dr NLil I landlL>'
Pagc I

INDF.PF.NDb:Nl' F.X,I.NIINF.R'S RF.PORT TO TFIE TRI'STEF.S OF
SC'ILNTITr-IC' INSTRI'NIENT SOC'IETI.
I rcport on the accounts for thL year cnded 31 Dccembcr 2023. which are set oui on pages ihree to seven.
Re8ponsibilities and busis of report
A% IhL Lliurit) % Iru%lL¥% vou arl rL%P()n5ibl¢ for th¢ p￿par￿li0rt of th¢ acLoun15 in a¢cordan¢¢ with ihc requirements or
the Chariiies Act ?01 I I'ihe Acl'}.
I have examined your charity s aLLOUllts as rcquired undLr section 145 0l.thL Charities Act 2011 (Ihe Acl'l. In carr)'ing
out m!. examination I have followed the Directions given by the Charity. Commission under section 14515llbl of the
2011 Act.
M>. TUIL is to stale whLthLr an). materi&l mailers have come lo my alllnlion giving m¢ cause to believ¥.'
th￿ a¢¢ounting r¥¢urds wer¢ not kept as required by section 110 of the Act: or
Ihai ihL aiLounis do not IhLLord wilh ihoSL rLcords: OT
thai ihL' IILciJullis d() n()t L()mplJ wilh lh¥ aiLouniing TLquiremenls ofthe Act: or
Ihui ihLfL' is furthLT inf()rmu(ii)n nLLdLxI f()r u pr()￿r und¥rstanding ofih¢ acwunls.
Indcpendtnt e¥4min¢r'y st¥tement
I hai'l Ll)Inpl¥l¥d MJ ¥xaininuti(In and hRvL no LollcLrns in respLYt of thL mattLrs 111 to 141 listLd above and. in
Lunn¥¢ti()n w'iih following ih. DirLLtions of thL Charil>' Comrni%%ion I have found no maiters thai rL'quire diawin8 10
your aiK'nlion.
an I lunlLr
ICAI.:W
I lunt￿r & C().
('huniK'd ALL(iunluni
415 141u¥kburn Rvud
Bi)li()n
1.18NJ
t)at¥'.
Page 2

SC.'IENTIFIC: INSI'RI NIENT SOCITr:TI'
ST.4'1-I.IIENT OF FIN,INCI,IL ACTII'ITIF.S
FOR-I-FIfr. I F.AR Tr.IDTr.D 31 Db:(.-fr'llllTr.R 2023
2023
Restri¢lcd -fotxl funds
fund
I'nrestrirted
fund5
Total lund
Not
es
INCQIIINC. RTr:SOI'R('F.S
In¢ominkw rcs1)urce5 from Renerated fund5
V(Trluntar>' incoinL
ALtik iliL% lor gLnLrating lund
InvLslmLllt incom¥
28.784
19J44
220
28.7114
1gJ44
220
?6.075
4.980
94
Totul incomini resources
48J48
48J48
31.149
RI,-4()I RC"Tr.S F:IPF:NDb.D
C'haritable Metii itieq
C()nlirL'n¢¢s
I.'KP4ndilur
(•(iTrcrnHnce cost5
2.731
?9.1.15
6?4
33.699
660
33.699
660
'rotal re8oure¢s exp¢nd¢d
32.490
R Tr.&i()l R('Tr'.S
120861
12.8861
{1.3411
R Tr.C'l)NC'II,I,I'I'ION OTr Tr I'NDS
.1 olal fundj hrouRht fnrward
29.961
29,964
31.303
-r()-I',11. F l Nl)S C',IRRI b:1) b()RII',IRD
27.07
27,1178
29.964
l-he notcs forni part of thc5c financi￿ statLm¢nts
Page 3

SC'lb:N'l'IFIC" INSTRI'NIENT SOCIETI.
B.11,,INC'E SIIF.ET
,I'1-31 DF.CE.IIBTr.R 2023
2023
Restricted Total fundy
fuad
2027
-1 otal fund
I'nrestrieted
funds
Not
es
C'I'RKTr:NT,ISSE'I'S
Si()Lks
Debtor
Lash a( bank
1,940
1,940
1.940
1.327
33.43?
30J23
30J23
33.120
33,120
36.699
I'RTr:DI'I'OR.¢
Aii)ounls 1(Illinx dui wiihin oty y¢ar
16.0421
16,11421
16.735)
)Tr:I' C"I'RRTr.)T ¢lSSTr-'I-S
27,078
29.964
Bl l.l-l-l Tr-
27.078
27,Q78
29.964
29.964
Ilnr¥4lriLILd funds
27.078
29.964
T()'I',11. Tr'I'ND¢
?9.964
'I'hL linuniial stalLmentS WLfL approved b>. lh¥ Board of 'frustees on
IK.haifby'.
IS,7.
and WLre sign¢d on its
Dr Neil I landl¢y -'] rubtl
Mr l)uvid I lo￿arth -'I'rustee
I'he not¢5 forni part of Ih¢s¢ financial statements
Page 4

S(-IEN-I'IFIC. IISTRI'NIENT SOC'IETI,
No'rTr.s TO TIIL FINEIN(:l.-11, s-fATTr-IIF.N-I'S
F'()R'IIITr- 1'Tr-.4R Db:D 31 1)Tr.C'Tr-.IIIITr.R 2023
,11.'coI N'I-INC: poI.IcI Tr-s
,l¢countin% con% ention
'rhL Iinaniiul qlaiLmLn15 have b¢cn pr¢parcd under th¥ historical cost ¢onv¢nlion. and in accordancL with the
l.inanLial Rcporting %tandard lor %TlldllLT l.'ntities ILIYLLtiv¢ April ?0081. the Chariii¥% Aci ?01 l und the
requiremenis of ihe Statement of Recommended Practice. Accounting and RL'poriing by Lhariti¢s.
Inf nming rciouree8
All incoming rLgourLL% aTL illLludLd on ihL Siot¥m¥nl Dl. finanLial AcliN'iti¥s when th¢ Charity is ligall>' entitlcd
Ii) Ihe inLI)mL and IhL amounl can quuniiliid 1% ith rL'ds()nahlL a¥¢uraiy.
Re81)urce5 expended
I.-XPLndiiur¥ 1% ￿¢{1￿￿1¥d for on an &LLruals basis and has tK'¢n Lla%%ifiLd utkdLr hLadings that aggrcgatL all cost
rL.lalLd i() the LaiLglOrn.. WhLrc Ll)%1s Ldnn()I bL. dirLLiI> dllribui¥d 10 pdriiLular h¥dding5 thLy haN'L bL'L'll all()Lalid
to aLtiviii¢s on & con4islcnt with ihe U5L' ol-rcsourc¢s.
SIDck¥
%tllLk4 arL' trlllued at the lower of cost and nLI rL'alisablL value, after mukin8 du¢ allowancL for obsoIL%lL and slow
moving il¥ms.
"I'hL Lharil>' is eicmpt from l&i on il% ¢harilablL aclivilies.
-und aceounting
Ilnr¥%iricl¥d lunds Lan bL UbLTrd in ￿lL￿rd￿n(l, with thi ¢harilabli objkYlivLs al th￿ disLretion ol'thL tru5tLC5.
R¥strictcd fund5 clln onl). b¢ us¢d for parlicular rn'strici¥d purposes M'ithin thL objLCt4 of th¢ ¢h&rity.
RLilriLti()ns orisl wh¥n %p¥cifiLd b). lh¥ diini)r ()r whLn lunds arL TiIi%L.d l()r purtiLular ristriLl¥d purp(I%Ls.
l-urthLf Liplanaiion of IhL nalLif¢ and puryx)se ol'¢ach fund 14 inLludLd in the noics lo ihl financial slatemLnts.
A("l-Il'l'l-l Tr:Si Tr-()R C:Tr:S Tr.R,I'I'IN(: b I'NDS
2023
20?2
Conf¢r¢nc¢s
19.344
4.980
INVTr:STMTr.NT IJC'.OTrIfr.
2023
702?
D¢po%il aLLouni iniLres1
2211
94
'I'hLfc WLre no trustLc%' rLmunLration or uthLr b¢n¥fits for th¢ year ended 311)ccembcr 2D23 nor for th¢ y¢¥
LndLd .1 I I)LLLmlK'r 102?
'rru$tees' expenses
"I'hLfL WLfL n(I IrustcLs' cxrKns¢s paid for thc ycar cndcd 31 December2023 nor for the >'ear ended
31 December 2022.
Pag¢ 5

SC'IF.NTIFlC.' INs'fRI'NIENT SOC.IETI"
O'l'F.s'ro THF. FI).I)C.I,IL ST.4TF.￿I￿.￿.r5- CONTINI'ED
'OR-I'II L I'E,IR DTr:D 31 DF.C'Tr:IIBb-R 21123
STOCKS
2023
StULks
1,940
Dfr-B'I'ORS: ,INIOI'NTS F,11.I.INC: DI'Tr: W'I-I-HIN ONE I'E,IR
2023
2022
'I'radL dLbtors
Other dcbtor5
127
730
1?7
1.2UO
1.3?7
C.'R Tr.DIT()RF>: ,*.￿[()1 N-I'S Tr'AI.I,ING DI, E W'i'riii) o) F. I'Tr.,IR
2023
2022
()thLr Lr¢dilor
6.042
6.735
mo%'¢m¢nt in
funds
At 1.1.23
,It31.12.23
I nrcyiri¢l¢d fundy
CjLnLral lund
29,964
12,1116}
27.078
'I'o'r,11. Trl'ND
29.964
2,886)
N¢1 movim¥nl in funds. includcd in thi abuv¥ ar¢ as follows..
Inciiming
re%iJurce%
Rcsourf cy Nlovem¢nt in
t￿pended
fun(18
I nrestrif tcd funds
Ci¥niral lund
48J48
1%1.234}
(2,8861
TO'I',11. FI'ND6)
112341
Page 6

SC'IE:N'l'lblC' INSTRI'NIF.NT SOC'ILTI.
IOTLS TO'I-IIF- Tr"IN.INC"I,ii, s-i-.-i'rTr.NIE)'IS- CON'I'INI Tr.D
FOR I'IITr; I'fr...IR ENDTr-D 31 DF.C'Tr..%IIITr.R 2023
-IIOI'EIIE)'I- IN. b l N DS - continued
C'ompar#tii'e5 for movement in fund$
I'rgnsf¢rs
bctmcen
funds
moi'ement in
funds
,It 1.1.22
At31.12.22
I nr¢strietcd Trunds
GLnerdl lund
30.777
IlJ411
29,9fA
Restricted & und$
13ungL Award l.und
528
I'OT,11. bl NDS
31,30.S
lJ411
Comparativc nLI movement in funds. includLd in thL aix)v¢ are as follows..
Incomin%
rciourccj
Resouree8
expended
oi'im¥nl in
funds
I nre5tricted fundq
G6￿.￿] I'und
31.149
(32.4901
{lJ411
31.149
32,4901
lJ411
A curN'nt yLar 12 monihs 2nd prior yLar l ? months ¢ombin¢d position i¥ as f(Illows:
'] run5fcrs
bet￿ten
funds
movement in
fundj
Ilt 1.1.22
,It31.12.23
I nr¢5trictcd fund$
(iin¥ral liind
30,777
(4,227)
27.1)78
Reltrieted funds
Ilun￿l Awurd l.uiid
TO'I',11. Tr I'NDS
4,2271
27,078
A currLnl ylar 12 m()nth.s and prior )'car l ? months combinLd nLt movcmcni in lund5. includcd in thL abovc arc
as foll()ws'.
Inf oming
rtsourees
Re50urcey Ilovement in
expended
fundy
I'nr¢stricled funds
CJ¢n¢ral fund
79.497
83.7241
4,2271
I'O-I',IL bl NDS
83 724>
Page 7

S(.'ILN'I'lblC". INSTRI'IITr.NT SOCITr.TI'
DF.T.111.ED ST,ITF..NIEN'I' Ofr. frIJ.I)C'.I.II. .ICTIN'ITIES
FOR I'FIE I'E.IR F:N I)1,'1) 31 1)1,:I'Tr-NI11Tr-R 2U23
2023
2022
INC.'O.IIING RTr,SOI'RC'.F.S
I'i)lunt#ry income
D(Trnaliuns
(Jill aid
Sub%Lriptivn
AdNerts
8ulLs %undri¢s - net ol'costs
M-l. h(H)k %dlLS- nLt ol'costs
P()kL book salL's- n¥t
C ataloguL 5al¥'s
Ramsd¢n Ix)ok sal¢s- nel
1,000
908
20,808
-5,430
32
831
18,763
6.402
-35
130
335
76
44
211,784
26.075
.Activities fur Reneratin% fundg
C'()nlL TLIICL
19,344
4.980
Invt¥tment inf omc
l)LrKisit LL()unt intLfL51
220
94
'I'otal in¢omin% res<)urces
48,341
31.149
R Tr-fi()I KC.'Tr:S Tr:XlJb:ND&.I)
('huritable 8cli%'itl¢8
C(InlLfL'nLLS
16,875
17.296
3117
2.731
15.431
.115
7.0110
1,91?
2.134
Ciimmiii¥i L Ypinscs
I.'XLLUtIlL oIIiLK'r
(Jrun15
l)K's¥niution m¥dals
Vi'¥b ri.lai¥d L()*t
InsuranLL' and Lh8rg¢s
W'rLath d()nati()n
Diinativns
2.2.$0
1.346
316
2,279
31.866
ernance eoytl
Acc()LinlanLN
660
624
Total resource5 expendcd
3?.4
et expenditure
2JIY61
1.3411
'I'his pag¢ does not form part of the 4talulOry' financial statements
Page 8