annual review - april 2005 – march 2006

8/6/2019 Annual Review - April 2005 March 2006

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AnnualReviewApril 2005 March 2006

Royal Societyof

Edinburgh

The

providing public benefit


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R O Y A L S O C I E T Y O F E D I N B U R G H

Annual Review 2005 2006

This Annual Review offers a flavour of some of

the wide-ranging activities in which the RSE was

engaged between April 2005 and March 2006.My predecessor, Lord Sutherland of Houndwood,

KT, FBA and the former General Secretary, ProfessorAndrew Miller CBE deserve much credit for the

excellent health in which I found the Society upontaking office last October.

Through extensive consultation with Fellows anddeliberation by Council, Lord Sutherland introduced

significant improvements to our governance and

management structures. As a result, the Trusteemembership of Council was reduced from 25 to 12

and a new Executive Board, Chaired by the General

Secretary, was created with substantial delegated

authority from Council, linking Fellows and seniorRSE staff responsible for delivery. Lord Sutherland

recognised the fundamental importance of increasing

engagement with the Fellowship which he saw as a

collegiate body, celebrating all that is good about themind. The introduction of postal ballot of all Ordinary

Fellows for the election or re-election of Council

members and other Office-bearers has been

successful in involving Fellows unable to attendthe ASM. I share the value Lord Sutherland placed

in the importance of this annual gathering and this

year, for the first time in our history, we shall webcastthe meeting, enabling Fellows anywhere in the world

to participate.

We must ensure, as a Society, that we continue

to reassess our purpose, clarify our priorities and,

importantly, protect and maintain our independence,

integrity and academic rigour. With this focus in mind,Vice-President, Professor John Coggins is chairing a

group of Council Members to review our Corporate

Plan. I will always welcome constructive ideas on

our future activities. My predecessors recognisedthat with devolution and the re-establishment of the

Scottish Parliament there would be scope for theRSE to play a more important role in Scottish life.

I firmly believe that as an unaligned, expert body wecan further support the New Scotland by building on

cross-party relationships, interacting constructively

with MSPs, Ministers and civil servants.

As Scotlands National Academy, it is the role of

the RSE to identify the complex problems in theworld around us to which we can help offer solutions.

Our independent Inquiry into Energy Issues for

Scotland, Chaired by Professor Maxwell Irvine,

illustrates the contribution that we can make asa non-party-political, multidisciplinary Fellowship.

I offer my thanks to Professor Irvine, the Secretary,

Professor Roger Crofts and all Committee Members

for producing an excellent and timely report whichis contributing to this important debate. A series

of follow-up events around Scotland will seek to

stimulate public engagement.

This is the 175th anniversary year of the birth of

James Clerk Maxwell and yet the contribution of ourgreatest scientist is not adequately recognised here

in Scotland. I hope to remedy this in various ways.One successful outcome has been the establishment

of an annual James Clerk Maxwell Prize Lecture, inpartnership with the IEEE and generously sponsored

by Wolfson Microelectronics. I am also hopeful

that, at least before another significant Maxwellanniversary is reached a prominent statue of him

may grace the streets of Edinburgh.

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RSE President Sir Michael Atiyah,OM, FRS, PRSE, HonFREng, HonFMedSci, HonFFA


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providing public benefit through:authoritative, independent advice and making

recommendations to policy decision-takers

Energy Inquiry launchedThe Society launched an Inquiry into Energy Issues for Scotland in May 2005. The

committee charged with conducting the Inquiry took evidence during the year from

almost one hundred expert witnesses, received nearly two hundred written submissions

and held meetings in Lewis, Orkney, Shetland, Inverness, Aberdeen, Glasgow, Edinburgh

and London. In addition, a delegation visited Finland to observe its approach to energy

issues. The wide-ranging report was published in June 2006. It states that there is a

critical need for action and highlights opportunities and challenges for Scotland.

The report makes 37 key recommendations and emphasises that diversity of energy

sources will be crucial to security of supply. The Summary and Full Report are available

online and hard copies of the Summary are available on request.

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Evidence, advice and comments; position papersDuring the year the Society submitted evidence and advice on 21 occasions, covering

a wide range of subjects, including:A European Institute of Technology?; Towards a

Transport Strategy for Scotland: Consultation on Rail Priorities; Crofting Reform Bill;

Policy for the Long Term Management of Solid Low Level Radioactive Waste in the UK;

Strengthening Judicial Independence in Modern Scotland; and, Developing a New

Strategy for the Scottish Funding Council. Consideration is now being given to alternative

ways of identifying suitable subjects for future Position Papers.

The RSE and the Scottish ParliamentLeading scientists and other key decision-makers met in The Scottish Parliament in

September to discuss how Scotland can best attract, retain and recognise Scotlands

research talent. The Presiding Officer of The Scottish Parliament, The Rt Hon George

Reid, MSP, opened the event, which was held in the Parliaments Debating Chamber and

organised by the Society in partnership with Scotlands Futures Forum. The discussion

preceded the Societys presentation of 42 Research and Enterprise Awards and Prizes

for 2005.

In partnership with the Royal Society of Chemistry, the RSE continued to run its

Science Information Scheme which acts as a source of advice for MSPs. The RSE

also participated in the Science in Parliament event in November which provided anopportunity to promote the scheme with examples of the types of briefing that can

be made available to inform MSPs on topical subjects.


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providing public benefit through:supporting and enhancing excellence

in the Scottish research base

BP Research Fellowships

This postdoctoral Fellowship scheme was set up in 1988 when British Petroleum mostgenerously provided the Society with an endowment of 2 million. The 3-year Fellowshipsare for independent research in Scottish Higher Education Institutions. Since its inception,

28 Research Fellows have been appointed in the areas of Solid State Sciences,Information Technology, Geological Sciences and Chemistry, and have been based in

most of the Scottish Universities. The majority of these researchers have gone on to gainappointments as Senior Academics in Universities throughout Scotland, the UK and

worldwide, including, Sweden, Australia, Denmark and Germany. Others are now making

valuable contributions to industry, again world-wide. The Fellowships scheme is on-goingand in October 2005 Dr Sarah Hinchley commenced her Research Fellowship in the

School of Chemistry at the University of Edinburgh.

Lloyds TSB Foundation for ScotlandLloyds TSB Foundation for Scotland began funding research into the ageing population

through the Society in 1999 and has since funded 23 academics researching aspectsof the medical, psychological, sociological or economic consequences of ageing.

Awards are made annually and all projects aim at improving the quality of life of the

ageing population in Scotland. In November 2005 Lloyds TSB Foundation for Scotlandentrusted a further 900,000 to the Society to continue the scheme over the next 3

years. Both organisations are committed to disseminating knowledge about the realbenefits of their research partnership and as part of this commitment, an afternoon

workshop was held at the EICC as part of the Lloyds TSB Foundation for ScotlandAnnual Forum. This event was web cast from the Conference Centre and many people

in the UK and throughout the world viewed the presentations live. The video is nowavailable as an on-demand web cast and can be viewed at any time by clicking on

the link on the RSE website at www.royalsoced.org.uk.

Scottish Executive Fellowships ReviewIn May 2005 a Steering Group was formed to review the Research Fellowships programmefunded by the Scottish Executive and run by the RSE. The Steering Group was chaired bySir John Enderby, CBE, FRS, President of the Institute of Physics, (pictured). The resultingreport confirmed the success and value of the programme to date. The findings werereported to RSE Council in September 2005 with the following recommendations inrespect of the three year Personal Postdoctoral Research Fellowships: 1. they should belengthened to a minimum of four years; 2. they should include Full Economic Costs; and3. the number of awards made should be increased from three to at least six. The SteeringGroup also recommended that consideration should be given to the special needs ofresearchers in Arts and Humanities.

Meantime, the existing programme continued and in 2005, three Personal ResearchFellows and three Support Fellows were appointed from a large and impressive fieldof applicants. Their research covers various aspects in the areas of physics, chemistryand computing science.


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providing public benefit through:supporting the commercialisation

of research and innovation

Enterprise FellowshipsThe Society currently runs 3 Enterprise Fellowship Schemes funded by Scottish

Enterprise, PPARC and BBSRC. During the year, ten Scottish Enterprise EnterpriseFellowships and four BBSRC Enterprise Fellowships were awarded. The BBSRC

scheme attracted an excellent number of applications for a new Fellowships programme

and, following a rigorous selection process, the first four BBSRC Enterprise Fellows

took up post in October 2005. All of these Enterprise Fellowships aim to increase the

commercialisation of academic research through technology transfer from the academic

institution into a spin-out company. This activity helps create sustainable companies

with high-value jobs and contributes to the economy in the long term.

Gannochy Award

The Gannochy Trust Innovation Award of the Royal Society of Edinburgh is Scotlandshighest accolade for individual achievement in innovation. The award is presented

annually to an innovator whose work has the potential to promote social and economic

wellbeing. Established in partnership with The Gannochy Trust, the purpose of the awardis to encourage people to pursue careers in fields of research which promote Scotlands

inventiveness internationally, and to recognise outstanding individual achievement, whichcontributes to the common good of Scotland. The prestigious award also seeks to

promote Scotlands research and development capability in new technologies and areasof social importance. In 2005 this award was presented to Mr John Harrison in

recognition of the contribution he has made to the development of surfactanttechnologies and solutions. These unique chemical solutions clean oil mud waste,

allowing the oil to be reused and leaving no waste products. The chemicals used also

have cleaning applications in the printing industry. Mr Harrisons companies, SurfactantSolutions Ltd and Surfactant Technologies Ltd are based at Grangemouth.

Entrepreneurs ClubThe RSE Entrepreneurs Club was established in January 2005 with the purpose of

building a network of all past and current Enterprise Fellows. The club met in September

2005 at the RSE, when forty-five Scottish Enterprise, PPARC and BBSRC Enterprise

Fellows heard Professor Ian Underwood FRSE, Director of Strategic Marketing at MED Ltd

and University of Edinburgh, talk about taking innovation from academia into a new

spin-out company under the title ofOut of the frying pan and into the fire!A buffet supper

and networking time were followed by Professor Underwood's lively and illustrated talk.


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providing public benefit through:communicating knowledge and understanding

EventsDuring the year the Events Team delivered a wide range of Lectures, Conferences

and Workshops, including: a lecture by Professor Wendy Hall, CBE FREng entitled,Towards the Semantic Web: the Return of the Link, which discussed the missing linksin todays Web environments and looked forward to a richly linked future as the SemanticWeb evolves; an Environmental Choices lecture by Mr Richard Manning, EnvironmentalReporter on The Re-wilding: North Americas Great Plains; and a lecture by ProfessorHarry Burns, then Director of Public Health for Glasgow NHS Board, on the topicalissue of the risks, benefits and concerns surrounding the process of immunisation.

Wealth CreationHeld in November 2005, Wealth Creation was a wide-ranging conference in whichdelegates and members of the audience spoke freely and frankly. Supported by the Bankof Scotland, the one-day conference comprised informal presentations from individuals

with breadth and experience in their respective fields. Chairman Professor Gavin McCroneconcluded that although manufacturing had declined in recent years, there are successstories in Scotland and that our cities are proving attractive places to live and work, inworld terms. The challenge, he said, was for us to improve infrastructure and skills base,create more globalised companies and to seize opportunities in new industries. There isalso scope to build on the existing economic-development contribution of universities toattract and retain graduates engaged in innovation. A full report of the conference isavailable online at: www.royalsoced.org.uk or in hard copy from the RSE.

Caledonian Research Foundation Prize LectureThe CRF Prize Lecture in the Humanities 2004 was awarded to Joan Bakewell CBE who

addressed audiences at the Royal Museum, Edinburgh and in the Bute Hall, University of

Glasgow on the theme Once There was a Golden Age. How We Judge Television: Then and

Now. Joan Bakewells career spanned the so-called golden decades, and she examined whattelevision was really like then, and why and how our perceptions of televisions values have

shifted. The theme of the lecture continued as she paid visits to the Journalism Department in

Stirling University where students held a mock press conference, and to the Film and Media

Department of Glasgow University where she met and talked with students and staff.

Education inspiring young peopleThe Societys programme of educational activities for Young People continues to expand.The Christmas Lecture 2005 was given by Sue Black OBE FRSE at Elgin Academy, Morayon Forensic Anthropology: The Bare Bones. This years annual Discussion Forum for youngpeople on the subject of Climate Change was held at St Andrews University. Proposalsmade by the students who took part were compiled into a report, which was published by

the RSE and presented to key decision-makers. The report is available on line. A CD-Rom,including information and recordings from the event, resources for students and teachersand questions for debate in the classroom, was sent to schools throughout Scotland.Students were invited to send a summary of their proposals to the RSE. The results arebeing compiled into a follow-up report which will be widely distributed.


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providing public benefit through:promoting international awarenessof Scottish research and innovation

Involvement in international eventsThe RSE was involved in several high-profile international events, including a joint event

with the Academy of Sciences of the Czech Republic on Nanomedicines of the Future; aHigh-Tech Forum in Life Sciences, and a Micronanotechnologies workshop both with theNational Science Council of Taiwan; the first International Jade Dragon Seminar on PlantConservation and Sustainable Development which was supported by the RSE, the ScottishExecutive, the Kunming Institute of Botany and the Royal Botanic Garden Edinburgh; and, theChina Forum held an evening reception in February 2006 for Chinese researchers in Scotland toencourage collaborations and raise awareness of the RSEs International Exchange Programme.

Programme of international exchanges, agreementsand links with overseas academiesThe success of the RSEs international programme continued during the year. New bilateral

agreements were signed with the Academy of Sciences of the Czech Republic and the

Hungarian Academy of Sciences. Informal agreements were signed with the NorwegianAcademy of Science and Letters (Academy President, Professor Ole Didrik Lrum picturedleft with RSE International Convenor, Professor Rona MacKie) and the Cuban Academy of

Sciences in Havana. The programmes of international exchanges were well subscribed witha total of 53 exchanges taking place 26 on the Bilateral Programme run with China, Poland,

Taiwan, the Czech Republic and Hungary and 27 on the Open Programme, with visits to andfrom countries with which the RSE does not have Bilateral agreements. These countries

included Armenia, Argentina, Australia, Belgium, Bulgaria, Chile, Croatia, Denmark, France,

Germany, Italy, Japan, Jordan, Latvia, The Netherlands, New Zealand, Russia, Slovakia,South Africa, Spain, Turkey, Ukraine, and USA.

Visit by the new European Commissioner for Science & Research

In May 2005, at the invitation of the RSEs International Committee, the new European

Commissioner for Science and Research, Janez Potocnik (left) visited the Society. The Society wasdelighted that, in what was Commissioner Potocniks first official visit to Scotland, he spent the

day at the Society, meeting leading figures in the science, business, and university communities

and discussing the main issues of high level research in Scotland. Potocnik made a presentation on:

Creation of knowledge Economy and Society in Scotland and Europe, which was followed by a

discussion chaired by Sir David Edward KCMG, convener of the RSEs European Policy Forum.

European Policy Forum event on Language Learningand Teaching in ScotlandA conference was held in March 2006 to discuss the subject, Languages in Scotland: whats

the problem?The event was attended by over 130 people, including policy-makers and

influencers, working linguists in the business community, academics and teachers. The RSE

now proposes to collect the statistical data that is currently lacking in order to build an accurate

picture of language teaching, language learning and language skills generally in Scotland.

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providing public benefit through:sustaining and utilising the expertise of itsmultidisciplinary Fellowship, and recognisingoutstanding achievement and excellence

Royal MedalsRoyal Medals were presented by the RSE President, Sir Michael Atiyah, at a ceremony

held in the Societys Rooms on Monday 3 July 2006, to, Sir David Jack CBE FRS FRSE(left), for his many innovative pharmaceutical drug discoveries, and to Professor Sir

John Ball FRS FRSE (right), a world-leading mathematician in non linear analysis and

mechanics, who is currently President of the International Mathematical Union. TheMedallists were approved by the RSEs Patron, Her Majesty the Queen, upon the

recommendation of the RSEs Council, in recognition of their outstanding intellectualendeavour, which has had a profound influence on peoples lives world-wide. Prestigious

gold medals, designed and produced in Scotland, were presented to the Medallists.

Triennial dinnerThe Presidents principal guest at the Triennial Dinner held at the Playfair Library in June

2005 was Lord Oxburgh, KBE FRS, Chairman of the House of Lords Science andTechnology Select Committee (pictured), who spoke about the highly topical issue ofenergy and climate change. During the evening Sir Laurence Hunter, the Societys

immediate past Treasurer was presented with the Bicentenary Medal in recognition ofhis outstanding service to the Society. The Triennial Dinner was an occasion when

achievements were recognised and also a time of forging and consolidating new links,

with the future in mind. Prominent international guests included The Vice-President of TheNational Natural Science Foundation of China, Jianguang Sun; Vclav Paces, President

of the Academy of Sciences of the Czech Republic; Royal Irish Academy President, JimSlevin. Also present were Dr Russell Leather, Chairman of the Gannochy Trust; and senior

representatives of the Scottish Executive, Parliament, SHEFC, the Royal Academy ofEngineering, the Royal Society of London, and other leading Scottish professional bodies.

Fellows Contribute ExpertiseFellows are invaluable in helping the Society to deliver public benefit activities in

partnership with its professional staff. The Society currently has 1315 Ordinary Fellows,

33 Corresponding Fellows and 71 Honorary Fellows. In March 2006, the RSE

announced the election of 55 Ordinary, 4 Corresponding and 4 Honorary Fellows

including: twice Pulitzer Prize-winner, Bernard Bailyn, (pictured); Nobel Prize-winner,

Peter Doherty; the former Head of the Foreign & Commonwealth Office, Lord Kerr; and

the former President of the Royal Society of London, Lord May of Oxford. This election

was carried out by postal ballot.

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Case StudiesRSE International Exchanges providepublic and personal benefit

One of the main current functions of the International

Committee of the RSE is to award short-term travel grants

to enable Scottish researchers to establish links with

colleagues in other countries with a view to a long lasting

collaboration, perhaps through joint applications to

appropriate grant giving bodies for longer term funds. Four

reports of projects supported by the International Committee

are described below. The first from Professor Simmons and

Dr Ritchie of Heriot-Watt describes the establishment of a

longstanding collaboration with colleagues in Taiwan as a

result of initial funding, and the remaining three describe

collaborations at earlier stages in their evolution.

Professor John Simmons FRSE and Mr James Ritchie,

Heriot Watt University

Institution visited: National Cheng Kung University, Taiwan

Following the visit of Professor Simmons (pictured above right)and Mr Ritchie to work with Professor Jing-Jing Fang at the

National Cheng Kung University, Taiwan in 2004 (picturedabove left with his research group. Professor Fang has now

received confirmation of support from the National ScienceCouncil of Taiwan to take forward a joint project concerned

with computer assisted modelling of facial features for

reconstructive surgery. Those involved agree that this exciting

collaboration would not have been possible without the initialseed corn funding provided by the RSE.

Dr Michael Taliansky, Research Leader (Senior PrincipalScientific Officer), Scottish Crop Research Institute

Institution visited: Institute of Plant Protection, Bet Dagan, Israel

The purpose of the visit was to establish collaboration

between the Scottish Crop Research Institute and the Institute

of Plant Protection (IPP), to investigate the role of a plant

caspases in plant defence response, to use new equipment

and technology developed at IPP for the delivery of genetic

material into plant cells and to give lectures at IPP. During

the visit the collaboration between the two laboratories on

functions of plant caspases in plant-virus interactions was

established with a productive exchange of constructive ideas.

Dr Taliansky also learned new technology and used a special

facility developed by the IPP team that allows the delivery of

genetic material directly to plant cells.

The collaboration will be continued on the ResistVir Coordination

Action funded by EC under Framework Programme 6. Dr Taliansky

has been invited to take part in the work of the subcommittee

on the methods of non-conventional virus resistance led by

the Israeli colleagues. Other grant proposals will be prepared

when calls for potential joint funding will be announced by EU

or INTAS-EU.


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Case Studies

Scottish Based Host: Professor Patricia Connolly,

Department of Bioengineering, University of Strathclyde

Visitor: Dr Dorota Pijanowska, Institute of Biocybernetics

& Biomedical Engineering, Polish Academy of Sciences,

Warsaw

Dr Pijanowska is developing lab-on-a-chip devices with

biosensor components and Prof Connollys research group

work in the area of point of care or non-invasive medical

diagnostic devices, some of which are based around

biosensor technology. The main aims of the visit were

therefore the exchange of experience related to development

of biosensors and their applications and discussion on

possibilities of future cooperation in a field of biosensors.

Dr Pijanowska had the opportunity to work and spend time

with members of Prof Connollys group and also had an

opportunity to visit a research group from the University of

Glasgow Bioelectronics Group. A seminar was also given

by Dr Pijanowski during her visit entitled From biosensors

to lab-on-a-chip devices. It is likely that some opportunity

for collaboration will arise through EU funding or other such

programmes in the near future.

Professor J. E. Wilkinson, Professor of Education,

University of Glasgow

Institution visited: Taipei Municipal University of Education,

Taipei, Taiwan

The main purpose of the visit was to undertake research on

the current policy of the Taiwan Government in Early Childhood

Education and its impact on services for families with young

children in Taiwan. Professor Wilkinson was fortunate to have

been granted a 1:1 interview with the Depute Minister

(Mr Wu, Tsai-Shung) who is responsible for Early Childhood

Education in Taiwan. Professor Wilkinson also visited a number

of kindergartens in both the public and private sector and met

with kindergarten principals, teachers and university professors.

In addition, he taught a graduate class in Taipei Municipal University

of Education on the subject ofIdeology and Early Childhood

Education. A number of keynote lectures in several universities

were also given and Professor Wilkinson was the invited speaker

at a Teacher Education Conference in Chi Nan University. Finally

Professor Wilkinson was invited to spend three days in Hong Kong

on an official visit of Taiwans Private Kindergarten Association.

During this visit Professor Wilkinson made contact with several

professors in the Hong Kong Institute of Education and was

subsequently invited to read a paper at the first Conference of the

Asian Pacific Educational Research Association in Hong Kong in

November 2006.


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Financial Review

The financial results for the year reflect

the successful management of the

RSEs activities. The apparently muchincreased operational surplus arises

from a fortuitous combination of several

factors and key changes in the way

the accounts require to be presented.

The first of these derives from the

introduction of new accounting rules

which require the consolidation of the

RSEs accounts with the results of twoconnected charitable trusts the RSE

Scotland Foundation and the BP

Research Fellowships Trust. The results

of these connected trusts are included

under restricted funds in the income

and expenditure statement.

The second arises from changes tothe policies for recognition of income.

A further element of the restricted

funds surplus of 293,000 relates to

non-recurring items, the largest being

the transfer from the Edinburgh Drug

Absorption Foundation of its residual

assets of 124,000 to support a series

of conferences on Drugs Futures to

take place on a biennial basis.

Income received for restricted

purposes also includes 150,000received in the year for future projects,

this is now recognised and carried

forward in a fund to meet the

expenditure as it is incurred.

The operating surplus on General

and Designated funds under the

control of the Council is a total of

107,000. This represents pleasing

progress towards the long term aim

of building the contribution from such

activities to provide more financial

flexibility and the ability to respond

quickly to new initiatives for the

benefit of Scotland.

The consolidated balance sheet showsthat over 80% of the assets of the

RSE relate to its premises and to

investments held to provide income

for restricted purposes, mainly in

support of research.The other net

assets provide the base from which

the RSE seeks to provide and develop

its activities.

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Income and expenditureGeneral Fund Designated funds Restricted income Restricted funds 2006 total 2005 total

Incoming resources from generated funds 700 101 538 1,339 1,130

Incoming resources from charitable activities 230 - 1,921 232 2,383 2,618

Total incoming resources 930 101 1,921 770 3,722 3,748

Cost of generating funds (110) (3) - (69) (182) (180)

Charitable activities (664) (26) (1,771) (384) (2,845) (3,236)

Governance (115) (6) - (23) (144) (148)

Total resources expended (889) (35) (1,771) (477) (3,171) 3,564

General fund 41

Designated fund 66

Restricted income 150

Restricted funds 293

Net incoming resources 551 184

Group balance sheetGeneral Fund Designated funds Restricted income Restricted funds 2006 total 2005 total

Tangible fixed assets - 2,365 - 1,9134,278 4,382

Investments 142 823 - 4,659 5,624 4,879

RSE Scotland Foundation- loan - 1,938 - (1,938) - -

RSE Scotland Foundation- current account (148) - - 148 - -

Current assets 58 3 35 81 177 135

Deposits 188 714 655 205 1,762 809

Cash 303 - - - 303 496

Current liabilities (128) (3) (303) (143) (577) (364)

Provisions for liabilities and charges - - (237) - (237) (288)

Pension fund liability (120) - - - (120) (76)

General fund 295

Designated fund 5,840

Restricted income 150

Restricted funds 4,925

Total net assets 11,210 9,973

The figures above have been extracted from the audited accounts for the period ended 31 March 2006 which carried an unqualified audit

report. The full Trustees report and audited accounts are obtainable in hard copy from 22 26 George Street, Edinburgh EH2 2PQ or on

the RSE website www.royalsoced.org.uk.

Independent auditors statementWe have examined the summarised financial information

which is prepared for the purpose of inclusion in the Societysannual review.

The Council is responsible for the preparation of the financial

information. We have agreed to report on its consistency with

annual accounts on which we reported on 4 September 2006.

Basis of opinion

We have carried out the procedures we consider necessary

to ascertain whether the summarised review is consistent

with the annual accounts from which it has been prepared.

Opinion

In our opinion the financial review is consistent with the annual

accounts for the year ended 31 March 2006.

HENDERSON LOGGIE, EDINBURGH, SEPTEMBER 2006


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0 200 400 600 800 1000 1200

182

333

1,118

677

479

206

32

144

Cost of generating funds

Providing advice

Supporting research

Supporting innovation

Communicating knowledge

Promoting international awareness

Sustaining and utilising Fellowship

Governance

Income by source (000)

Resources expended (000)

Promotion of research & innovation

Investment income

Activities for generating income

Other charitable activities

Voluntary income (donations & grants)

Own income

Public

sector bodies

Scottish

Executive

Charitable

trusts

Companies

Individuals

& legacies

Fellows

0 200 400 600 800 1000 1200 1400 1600

731

599

1,542

584

35

55

176


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Corporate Governance & ManagementCurrent Office Bearers:

Council of The Royal Society of Edinburgh (RSE)

President Sir Michael Atiyah, OM*

Vice-President Professor J R Coggins

Vice-President Professor J Mavor

Vice-President Professor J B I McDonald*

General Secretary Professor R G L McCrone, CB*

Treasurer Mr E Cunningham, CBE

Fellowship Secretary Professor A C Walker

Councillors

Professor R E Asher

Mr E Brown, CBE

Professor T S Durrani

Professor R M MacKie, CBE

Ms A L A S MacPherson*

Executive Board

General Secretary Professor R G L McCrone, CB*

Treasurer Mr E Cunningham, CBE

Curator Professor J Howie, CBE*

Research Awards Convener Professor P H Holmes*International Convener Professor R M Mackie, CBE

Programme Convener Professor D S Ingram, OBE*

Young Peoples Programme Convener Professor M J Padgett*

Chief Executive Dr William Duncan

Director of Finance Kate Ellis

* Denotes Office Bearers elected in October 2005.

The Society is registered in Scotland as Scottish Charity No. SC0000470

Inland Revenue Claim Board Reference CR 18102


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The Royal Society of Edinburgh was founded in 1783.

It is Scotlands national academy. Its Fellowship includessome of the best intellectual talent in academia, the

professions and business. It facilitates public debate,

research programmes, educational projects and strategy

formulation. Its strength is its diversity and impartiality.

The Societys unique multi-disciplinary approach enablesit to draw from and link with a broad spectrum of

expertise to advance the understanding of globally

important issues. In fulfilling its Royal Charter for the

advancement of learning and useful knowledge, the

RSE is seeking to contribute to the social, cultural and

economic wellbeing of Scotland.

Scottish Charity No. SC000470

ISSN 1742-1810

Royal SocietyofEdinburgh

The The Royal Society of Edinburgh22 26 George Street, Edinburgh EH2 2PQ

T 0131 240 5000

F 0131 240 5024

E [email protected]

W www.royalsoced.org.uk

annual review - april 2005 – march 2006

Documents