Annual Review 2009 by Society of Dyers and Colourists

communicating the science of colour in a changing world

Contents

Chief Executive’s Review

Looking Ahead: 2010 and Beyond

Partner Organisations

President’s Review

Membership

Technical

Colour Experience

Publications

Charitable Activities

SDC Enterprises

Events and Competitions

Governance

Who’s Who?

Trustees’ Annual Report

Consolidated Statement of Financial Activities

Consolidated Balance Sheet

Chief Executive’s Review > By Susie Hargreaves 2009 was my first full year as Chief Executive and one that was full of challenges. We implemented a Business Plan and recovery plan to address the operational deficit, managed changes in the governance arrangements, streamlined and improved membership benefits and developed a range of strategies for international development. The recovery plan is based on a three year financial plan which allows for clearing the operational deficit on a reducing basis and achieving a break even position by the end of 2011. This involves diversifying sources of income with the introduction of new services and products, and a programme of investment in the Society’s infrastructure including a new IT System to underpin all operations. In addition we have introduced a new brand promoting SDC as a credible international organisation. I am delighted to report that we achieved our targets for the year including: • introduction of new governance arrangements – replacing a council of 55 with nine democratically elected Board members • updating our mission, vision and objectives to include a stronger focus on our charitable activities,

education, the environment and advocacy for the industry worldwide • developing a range of strategic alliances for partnership working across the world that will bring added value to the membership and enhanced public benefit • reducing our operational deficit ahead of target • introduction of a new streamlined membership • restructuring internally to provide more efficient working and clearer roles/responsibilities • introduction of a marketing director post to lead communications • opening of an office in India and engagement of a Country Manager India as a member of the technical team. I have particularly enjoyed building a strong staff team and an excellent working relationship with the new Board and Audit Committee. As the staff member with responsibility for global development, I am proud to have contributed to the development of activities overseas, particularly in India and >

Society of Dyers and Colourists

Annual Review 2009

> Hong Kong/China, and must pay particular tribute to the Honorary Officers and members in both regions without whose help, this would not have been possible. 2009 was our 125th anniversary. I inherited a Society steeped in tradition, but one that also needed to modernise and globalise, without forgetting its history and losing the loyalty of the core membership. We are a membership organisation and as such, we are only as good as our members. I would like to thank all our members for their loyalty during this time of change. We still have a long way to go but I am confident that we are on the right path and that the SDC has a vital role to play in coloration for the foreseeable future. Susie Hargreaves

â&#x20AC;&#x153;It's not the strongest of the species that survives, nor the most intelligent, but the one most responsive to changeâ&#x20AC;? Charles Darwin

Looking Ahead: 2010 and Beyond

Our plans for 2010 include events and activities where the Society can lead opinion, set standards and deliver value for money. They include: • Planet Textiles: 18th March, Hong Kong. A partnership event with EcoTextile News and Messe Frankfurt, dedicated to improving the environmental and social impact of the global textile and clothing supply chain. • SDC Day of Celebration: 7th May, Nottingham. Our AGM, awards ceremony, conference, and final of the UK heat of the SDC International Design Competition. • SDC EC India – international conference on 4th June in Mumbai, and on 6th June in Coimbatore. • SDC, OCCA and SCI: 8th June, Harrogate. A joint event entitled ‘Water: the New Gold’. • Textiles UK: 5th October, London. A new annual one day conference co-hosted by SDC, Dyers’ Company and Clotherworkers’ Company. This will focus on the role of wool in the UK today. • SDC International Design Competition – sponsored by Clariant, which will culminate in a grand final at

the historic Clothworkers’ Hall in London. In 2010, we will welcome entries from Singapore for the first time. • The new CSI Colour Award – sponsored by Color Solutions International, and open to undergraduate students. • Training development – we plan to develop new courses on dyeing and finishing, particularly for the Indian market. • Qualifications – we aim to reintroduce a dyeing and finishing module into ASDC examinations. • Education – we plan to develop sessions on environmental textiles for Key Stage 3 and Key Stage 4 as part of our Colour Experience package and continue to work, with the support of The Cotton Industry War Memorial Trust, on providing access to workshops for children. • Best practice guides – we plan to develop a number of best practice guides for industry. • Books – the SDC books portfolio is to be reinvigorated, with the decision to commission new editions of world-renowned titles welcomed by the >

Society of Dyers and Colourists

Annual Review 2009

Partner Organisations > entire coloration community. • Social responsibility – SDC will play a leading role in developing and maintaining a range of standards relating to quality and integrity within the industry.

We have continued to develop our strategic partnerships, helping us to add value by enabling us to share resources, knowledge, information and best practice. Our partnerships include:

• Environmental best practice – we will continue to develop synergies with partner organisations on environmental best practice.

• American Association of Textile Chemists and Colorists (AATCC)

• Reaching our members – in 2010 we will be implementing a new IT system, which will allow easier access to the information on our websites and will enable us to communicate more effectively. We have an ongoing commitment to exploring the opportunities that new digital technologies allow.

• Oil and Colour Chemists’ Association (OCCA)

• The Worshipful Company of Clothworkers

• Technology transfer projects – we will promote environmentally friendly, cost saving solutions for dyeing and finishing.

• National Resources Defense Council (NRDC)

• International development – we will continue to consolidate existing regions and explore the potential in new areas.

• Society of Chemical Industry (SCI)

• The Worshipful Company of Dyers

• The Colour Group of Great Britain • Reducing the Impact of Textiles on the Environment (RITE Group)

• EcoTextile News and Messe Frankfurt • Department for Environment, Food and Rural Affairs (Defra) • The Wool Project • Dyestuff Manufacturers Association of India (DMAI)

We will bring you further news of all these developments during 2010.

• China Dyestuff Industry Association (CDIA) • Textile Institute

President’s Review > By Mike Bartle Since taking up my year-long ambassadorial position of SDC president in April 2009, I have been proud to represent the Society on many occasions. I have met with hundreds of members, visited numerous factories and dyehouses, and attended some memorable events. My highlights include: • Attending the SDC International Conference in Goa, India, in June, and visiting other regions in India. This included a visit to Rajasthan, where we hope to establish a new SDC region. On another visit to India in November, I was delighted to be involved in several meetings about the development of SDC’s training and technology transfer services, and I also carried out two dyehouse audits. • Many events in the UK, including the joint colour conference held with the Worshipful Company of Dyers, the Day of Celebration, The Green Dyehouse events for our UK members, and a number of events organised by SDC regions in the UK. A particular pleasure was watching the SDC Colour Experience staff delivering workshops in schools. • A visit to China and Hong Kong, to promote SDC’s training and technology transfer services, and to attend the Hong Kong AGM. I was also privileged to interview a group of ASDC candidates.

Society of Dyers and Colourists

Annual Review 2009

Looking back, this has been an exciting time to be involved with the SDC. Wherever I have been, the Society has been highly respected and I have made many new friends. I hope I have made a contribution that will enable the SDC to take advantage of the huge potential that exists for the Society and the services it offers. Finally, I wish my successor John Morris, the Society and all its members good wishes and continuing success in future years. Mike Bartle

Membership

Membership is at the heart of SDC, and is open to everyone. We have a range of different membership types to suit individuals with an interest in colour, those with a professional qualification, companies and colleges.

Chartered Colourists outside the UK. We welcomed the Hong Kong Design Institute as a new college member.

• Bangladesh – we welcomed one new corporate member, Dysin-Chem Ltd. Visits by the trustee responsible for global development explored the huge potential in Bangladesh for SDC training and technology transfer projects.

• India – over 200 members, of whom 89 joined in 2009. Half of these are students, and we also welcomed 15 new members from Rajasthan, where we hope to establish a new region in 2010. We were also delighted to welcome H&M and IKEA as corporate members in 2009. Monthly lectures were arranged by the dedicated regional committee for members and students in Mumbai, adding value to their membership package. Visits by the president and Chief Executive were made throughout the year to the North, South, East and West of India to meet members including corporate and college members, and to promote the benefits of belonging to an educational charity. SDC is held in high regard in India, and is one of our key countries for membership growth.

• China – 33 members, a third of whom hold Chartered Colourist status. Three of the top universities in the Jiangsu Province are now members of the SDC college membership scheme.

• Pakistan – 36 members. In 2009 we delivered a series of awareness programmes to universities and colleges in Lahore and Faisalabad to promote membership and the educational activities of SDC.

• Hong Kong – 156 members, with 73% holding Chartered Colourist status – the highest number of

• Turkey – we welcomed one new corporate member, Turkiye Tekstil Terbiya Sanayicileri Dernegi (TTTSD),

In 2009 we completed a major piece of research, in which all members were invited to participate. This led to the development of a new membership structure with a range of new benefits, based on member feedback, and relevant to local needs. This was rolled out in January 2010. Highlights in 2009 include:

> Society of Dyers and Colourists

Annual Review 2009

> giving SDC access to many of the leading dyehouses in Turkey. We look forward to growing membership and activities in this key textiles market. • United Kingdom – the UK regions ran a busy programme of lectures, seminars and social events, working in partnership with OCCA, the Textile Institute and Nottingham Society of Technical Dyers. Events in 2009 included a career seminar for students and various technical presentations for the coloration industry. • College membership – we were delighted to welcome six new colleges into membership during 2009. They are: Bannari Amman Institution of Technology, India, Donghua University, China, Hong Kong Design Institute, Middlesex University, UK, National College of Art & Design, Ireland, PSG College of Technology, India, Soochow University, China and Zhejiang Sci-Tech University, China. • Corporate membership – we also welcomed six new organisations into membership, as follows: Dysin-Chem Ltd, Bangladesh, H&M Hennes & Mauritz India (P) Ltd, India, IKEA Trading South Asia, India, Kyung-In Synthetic Corporation (KISCO), South Korea, Tianjin DEK Chemical Co. Ltd, China and Turkiye Tekstil Terbiya Sanayicileri Dernegi (TTTSD), Turkey.

> Membership Elected to date

Of whom Membership Of whom students at 31 Dec CCol

United Kingdom

616

335

SDC HK Ltd

160

112

SDC Pakistan

SDC EC India

203

Bangladesh

China

Other

217

Overseas

138

662

239

TOTAL

152

1278

574

ColourClick members at 31 December 2009: 729

Members remembered • The Society remembers the following who have died: Samuel Robert Beech, Harry Bratherton, Jose Cegarra, John Foster (Ian) Graham, Geoffrey Graham Hibbert, William Donaldson Hunter, John Edward Kent, Robert Alexander Marshall Mackinnon, Arthur Carlton Merrill, David Terence Parkes, Frank Travis, James Kenmure Mitchell Weir

Technical

Responsible for providing technical colour knowledge and encouraging best practice throughout the global coloration industry, the technical team manage the education, training and qualifications work of the Society, in addition to the Colour Index and Colour Experience. Highlights for 2009 include: • India – establishing a new post, Country Manager India, reporting directly to the UK. We were delighted to welcome Parvez Kotadia into this post as a member of the technical team. • Environment – placing environmental work at the heart of the SDC and working with associated bodies (NRDC and the RITE Group) on this key area. • Colour Index – first published in 1924, this is the internationally recognised online reference for all dyes and pigments. In 2009 we promoted the Colour Index at the Dye Manufacturers India Association (DMAI) conference and at the 9th China international dye industry, pigments, printing and dye auxiliary exhibition. In 2009 almost 1,000 new products were registered in the Colour Index, reinforcing its role as the definitive reference guide.

Society of Dyers and Colourists

Annual Review 2009

• Technology transfer – the launch of a new service providing environmentally friendly, cost saving solutions for dyeing and finishing. We ran a number of audits within dyehouses in India. • Training and qualifications – our most significant milestone to date was being awarded our Royal Charter in 1963. Gaining this is much sought after, and means that we are the only organisation in the world able to award Chartered Colourist status. We continued to develop our range of internationally recognised training courses and qualifications, essential for career development and best practice performance. In 2009 we trained new trainers in the UK, China and Hong Kong to deliver the SDC Colour Management of Textiles Diploma. 23 courses were held, training 120 people in Bangladesh, China, India, Hong Kong, Pakistan, Thailand and the UK. This included a number of in-house tailor made courses for major retailers.

11 >

Award recipients in 2009

• Fellows: John Richard Easton MA PhD CCol FSDC Kuanjun Fang PhD CCol FSDC Andavar Chinnatambi Kalidas CCol FSDC Anjani Kumar Prasad MSc CCol FSDC Vaidyanathan Sankaran MTech CCol FSDC Strachan Kerr Stewart CCol FSDC Elizabeth Jane Straughan CCol FSDC Richard Willey Straughan CCol FSDC • Associates: Mukund Gharge BSc CCol ASDC Tanveer Hussain PhD CCol ASDC Hossein Izadan PhD CCol ASDC Samuel Peter Lawton BSc LTSC CCol ASDC Ka Lai Jennie Ng BSc CCol ASDC • Licentiates: Madara De Silva BSc LSDC Janitha Prabodha Kulasekara BSc LSDC

Medal nominees for 2009 • Gold Medal: Sue Bolton, Tim Dawson, John Easton, Jim Nobbs Geoff Rudkin, Marcus Yuen • Silver Medal: M L Gulrajani, David Hinks, Abdul Rahim Khatri A Hunter Renfrew, Rakesh Sachdev, John A Taylor Kate Wells, Stuart Wilkinson • Bronze Medal: Tanveer Hussain, Sarah Jane King, Calvin Lam Reidun Lowendahl, Madhusudan Ramdhar Maheshwari, Dilip Raghavan, David Sims, Marilyn Sturgeon, Kan Chi Wai • Centenary Medal: S N Corns, S M Partington, A D Towns

1 Mike Bartle with Samuel Lawton 2 Elizabeth and Richard Straughan 3 Mike Bartle with Anjani Kumar Prasad

Colour Experience 1

Central to our status as an educational charity is the Colour Experience. We work with groups of all ages and abilities, with a particular emphasis on children and young people, giving workshops and presentations. Highlights for 2009: • Educational visits to the Colour Experience facility at Perkin House – to the delight of regular school visitors and teachers, our facility reopened to groups in June 2009. Since then we have welcomed over 500 visitors, and continue to receive excellent feedback. • Partnerships – we have developed links with Bradford local education authority and hosted a development day for newly qualified teachers. We have also built a new partnership with Titus Salt School, developing an accredited module for year 10 students. • Community work – we have developed new contacts through Bradford Enterprise Exchange, and delivered holiday workshops for local children’s groups. Our work has twice featured on local radio. • On the road – we have visited schools around the

country, delivering our ever-popular workshops. The feedback we receive from children, students and teachers is consistently excellent and results in many regular bookings. In 2009 we were part of the British Science Festival, and delivered ‘Glow in the Dark’, a new workshop. • Graduate Fashion Week – on Education Day, we sponsored a T-shirt design competition, delivering a Colour Experience workshop at East Barnet School in London to the winner. • SDC International Design Competition – we ran a printing and dyeing workshop for the UK finalists of our design competition. • Days of Colour – we provided 14 Days of Colour, reaching almost 900 students at colleges throughout the UK. In total, in 2009 we delivered over 50 Colour Experiences, reaching over 1,500 people. “The feedback from the students and staff has rated the Colour Experience as a 100% success…both the activities and the providers have delivered the highest quality outcomes for the students. We’ll be back!” Jim O’Connor, Titus Salt School

Society of Dyers and Colourists

Annual Review 2009

1 A dye workshop

Publications

As an educational resource, the spectrum of colour and textile-related publications available from the SDC is second to none. On offer are print, electronic and web-based products, including two peerreviewed journals looking at colour from technical and design perspectives, as well as textbooks covering a full range of dyeing and finishing topics.

“I enthusiastically support the proposal to produce a second edition of Wool Dyeing. Wool remains the most comfortable and appealing fibre for sweaters and suits; I and other wool scientists attribute this wonderful comfort quality to the fact that keratin fibres have been bio-engineered over millions of years to be next to the animal’s skin. How do the other fibres compete against nature’s inventiveness?”

In 2009 our focus on technical articles included themed industry-focused commentaries published on colour communication, dyes and dyestuffs, colour fastness, plus environmental matters and energy savings. Recognition was also given to authors with two ‘award-winning’ articles covering novel dye applications for textile dyeing and finishing.

Prof. David Lewis, University of Leeds

> Books

DyStar employee, Germany

> Coloration Technology

The SDC books portfolio is to be reinvigorated, with the decision to commission new editions of world-renowned titles welcomed by the entire coloration community. The first textbook to receive an update will be Wool Dyeing (due for publication in 2011).

Society of Dyers and Colourists

“From a textile education perspective, I consider the SDC books portfolio to be the best available anywhere in the world.”

Annual Review 2009

A ‘call for papers’ was issued for the first-ever special issue of the journal in its 125-year history, which will include content covering the development of coloured light sources (scheduled for early 2011). The online archive was highlighted worldwide, with it proving to be a vital resource for researchers and educators. The impact factor – a key performance indicator – continued an increasing trend, with a 30% increase announced in 2009, compared to the previous value.

“This is absolutely amazing! Sitting in a hot and humid corner of the world, having access to 125 years of formidable articles written and published on the other side of the planet, sometimes generations ago. Mindboggling...” Coloration Technology subscriber, India

Coloration Technology subscription analysis: China 11% Europe (including UK) 27% Japan 15% Rest of World 27% USA/Canada 20%

> Colour: Design & Creativity The online Journal remained open access (i.e. free to all users) thanks to funding received from the Dyers’ Company, with the number of visits up 40% in the last year. The first collaboration with the AIC (International Colour Association) was instigated, with a special issue of papers from the AIC 2009 conference in Australia scheduled for publication in early 2010.

> The Colourist We produced four issues of our magazine for members, and undertook a member survey, which will enable us to focus the content further in 2010. We also sent all members a special Textile Dyer supplement, which was well received and will continue in 2010.

Charitable Activities

As a registered educational charity, our charitable ‘Objects’ guide our purpose:

Key achievements in 2009 included: • Over 135,000 website visitors

‘to promote by any or all means the advancement of the science of colour’ We meet our obligations in a number of different ways including: • by providing subsidised education, qualifications and training • by providing subsidised resources, developed by industry experts • by giving access to relevant, up to date news from the coloration industry • through the dissemination of knowledge, information and expertise, via events, publications, websites and so on • through advocacy for the industry and for the role of science in schools • by generating income from a variety of sources which is then directed to our charitable activities

• Over 1,000 individuals registered to receive Colour: Design and Creativity e-alerts • 130 authors from 16 different countries published articles in our learned journals • 60% of book sales went to agents based around the world, allowing the SDC’s catalogue of textbooks to reach hundreds of students globally • Coloration Technology ranked within the top three materials science journals for textiles in the Thomson ISI listings • 23 training courses run in seven countries, for a total of 120 trainees • Over 100 colleges from nine countries entered students in the SDC International Design Competition • 17 companies from six countries registered 931 products in Colour Index

> Society of Dyers and Colourists

Annual Review 2009

> • Over 50 Colour Experiences provided, reaching over 1,500 beneficiaries • 14 Days of Colour delivered, reaching almost 900 students • Over 500 visitors to the Colour Experience gallery in three months • School visits to Perkin House from as far away as Widnes and Coventry • Delivery of a new ‘Glow in the Dark’ presentation at the British Science Festival • Sponsorship of a T-shirt competition at Graduate Fashion Week, with a Colour Experience workshop part of the prize • New partnership with Titus Salt School in Bradford, resulting in an accredited module for year 10 students • Over 1,200 members in almost 50 countries worldwide supported with news, knowledge and information, including 574 Chartered Colourists

1 2 6 8

SDC International Design Competition finalists, judges and president (photos 1, 3, 4, 5, 7) Picture taken by Mike Bartle in Rajasthan, India Colour Experience workshop Colour Experience workshop

SDC Enterprises Ltd 1

Trading conditions during 2009 remained highly competitive with significant pressure being placed on sales prices. Slow sales in the first quarter and uncertainty about the impact of the global recession, led to SDC Enterprises (SDCE) implementing short-term cost reduction measures to safeguard the Societyâ&#x20AC;&#x2122;s income. Improving sales later in the year, combined with the cost reductions, enabled SDCE to achieve above budget growth in the level of funds transferred to the Society. The growth in turnover was based on encouraging increases in product volume sales, though this growth was partially offset by pressure on sales prices. Key to this sales success remained the widespread industry recognition of the SDC brand, quality leadership and the strong performances delivered by many of our distribution partners. SDC products remain the industry standard for quality ISO test consumables. Further investments were made to increase the internal manufacturing capacity, whilst maintaining the highest product quality to secure future income for the Society. New product development is also critical and SDCE embarked on a number of R&D projects. An over-reliance on outsourced facilities caused severe delays to these projects, but such problems are one of the key issues that the SDCE

Society of Dyers and Colourists

Annual Review 2009

revised business plan for 2010 aims to address. At the start of the year the regrettable security situations in India and Pakistan caused the withdrawal of the British Textile Machinery Association pavilion from two exhibitions, where SDCE had planned to exhibit. Staff did, however, participate at the International Textile Machinery exhibition in Istanbul where a lot of interest was generated both from the Turkish market but also with visitors from Egypt, Iran and Syria. During the year the number of free online certificates of conformity, for batches of SDCE products, passed the 1000 mark, and the number of customers accessing them, via www.sdcesecure.co.uk, also increased substantially. It is hoped to further expand this service during 2010. For further information about SDC Enterprises, please visit: www.sdcenterprises.co.uk

1 SDC Enterprises products

Events and Competitions 1

Regionally, nationally and internationally we continued to develop our annual programme of events. Our events aim to inspire, stimulate and help our members keep up to date with the latest thinking and best practice. They also offer great networking opportunities. Where possible, papers and presentations are also made available online. Highlights in 2009 included: • The 6th Colour Trends Global Conference Organised by SDC India (lead sponsor DyStar) this was held in Goa at the end of June. An inspiring event brimming with best practice and expert insights into new research, thinking and strategies in sustainable coloration. Other conference sponsors: SF Dyes, Near Chimica, ATE Group (Mahlo, Goller, Fongs and Ellier), Colourtex, Tanatex, Advanced Enzymes, Kyung-In Synthetic Corp., Control Union, CHT Group, Texanlab, Atul, Britacel, X-Rite, Arvind and Welspun.

well over 100 delegates, the events also saw the launch of SDC’s first special interest group focusing on environmental dyeing. • SDC International Design Competition Open to undergraduate fashion and textile design students, this competition encourages the creative, imaginative and original use of colour in either fashion or textiles. The 2009 competition saw a record number of entries from over 100 colleges from nine countries. For the first year a theme was introduced – sustainability. The country finalists travelled to Goa, India, where Moipone Qekisi from Nelson Mandela University in South Africa, was announced the overall winner. Moipone has since launched her own design company, EM Design. (Awards dinner sponsored by Clariant, design competition sponsored by VeriVide and Pantone).

• The Green Dyehouse Two free events for our UK based members, focusing on issues around environmental sustainability throughout the textile supply chain. Attended by 1 Moipone Qekisi from South Africa, winner of the SDC International Design Competition 2009 2 SDC International Design Competition finalists with SDC president Mike Bartle

“The Society has more than a century’s worth of knowledge and experience working within the textile industry and we are especially proud of our role working with young people on the science of colour. This competition is a good way to explore the innovative ideas and new techniques used by some of the best student designers who really embrace the use of colour in their designs.” Susie Hargreaves, Chief Executive, SDC

Governance

In 2009 the members of the Society voted to move from a Council of 55 members to a democratically elected Board of nine Trustees. A Governance Working Party was established and steered the process through revision of the By-laws and Rules and these were subsequently approved by Privy Council. An election was held and the results announced by an independent auditor. In addition a â&#x20AC;&#x2DC;Nominations Committeeâ&#x20AC;&#x2122; was established to oversee the succession planning of the Board and Honorary Officer appointments and a new Audit Committee established to oversee the decisions of the Board of Trustees. An away day was held for new Board members which included training in responsibilities of a trustee.

Board of Trustees:

L to R: Mike Bartle, Adrian Abel, Peter Flesher, Chris Sargeant, John Easton, Arthur Welham, John Bone, Duncan Phillips, Sue Bolton, Roger Wardman, Malcolm Brown, Peter Diggle

Adrian Abel (Chair)

Governance, Legal and Charity Sue Bolton Technical John Bone Marketing Peter Diggle Membership John Easton Publications Duncan Phillips Industry and Business Rakesh Sachdev India Chris Sargeant Fashion and Design Roger Wardman Education Arthur Welham (Vice chair) Global Development Malcolm Brown Honorary Secretary Peter Flesher Honorary Treasurer In addition, the Board nominated Arthur Welham and Duncan Phillips as representatives of the SDC Board on the SDC Enterprises Board.

Society of Dyers and Colourists

Annual Review 2009

Whoâ&#x20AC;&#x2122;s Who?

Carol Amys Richard Ashworth

Richard Winn

Finance Officer Colour Experience Manager Finance Consultant Technical Officer Personal Assistant/ General Secretary Marketing Director Publications and Web Officer Education Officer Technical Director Chief Executive Finance Manager Membership and Marketing Officer Publications Manager Membership Manager Colour Index and Training Officer Building Officer

Telephone: Email: Web:

+44 (0) 1274 725138 info@sdc.org.uk www.sdc.org.uk

Ian Berry Quentin Birkinshaw Barbara Carney Tracy Cochrane Carol Davies Anika Easy Andrew Filarowski Susie Hargreaves Veronica Hill Amanda Hinchliff Carmel McNamara Clare Moore Karen Skorski

1 2 3 5 7

Veronica Hill, Richard Winn, Barbara Carney, Susie Hargreaves, Carol Amys Carmel McNamara, Clare Moore, Tracy Cochrane Carol Davies, Amanda Hinchliff 4 Keith Parton Anika Easy, Quentin Birkinshaw 6 Richard Ashworth, Andrew Filarowski Mubashar Ahmad 8 Parvez Kotadia

> SDC Enterprises: Telephone: Email: Web:

+44 (0) 1274 750160 info@sdcenterprises.co.uk www.sdcenterprises.co.uk

> International contacts: India Parvez Kotadia Telephone: Email:

SDC Country Manager India +91 981 956 8169 parvezk@sdc.org.uk

Pakistan Mubashar Ahmad SDC Pakistan Chairman Telephone: +92 345 777 2777 Email: mubashar@sdcpakistan.com Hong Kong Keith Parton Email:

Hong Kong SDC Ltd Chairman keith1.parton@clariant.com

Trustees’ Annual Report The trustees of the Society are of the view that the funds and assets have been prudently managed and effectively applied during the year, solely in furtherance of the agreed objectives with financial performance continually under review against agreed objectives. Trustees are satisfied that the financial policies and plans presently being applied are relevant, appropriate and adequate to support and sustain the charitable activities of the Society and the objectives for the year 2009 have been substantially achieved.

• • • •

•

Charitable objective The Society was established in 1884 to advance the science of colour. The Society achieves this aim by global dissemination of colour knowledge to members, industry and the public, via publications of scientific papers, lectures and e-media. Constitution The Society is a charitable corporation, incorporated by Royal Charter with the governing documents being the Royal Charter (1963) with Amendments, Trust Deeds and By-Laws (2009). Charity Registration Charity Commission Reference 212331 Organisation The Trustee Board is the governing body of the charity with nine trustees elected from among the Voting Members of the charity by the Voting Members. The Chief Executive Officer, the Honorary Treasurer and the Honorary Secretary are also members of the Trustee Board which may also co-opt a maximum of two members. Only elected members shall take part in any vote of the Trustee Board. Related Parties The Society works globally in partnership with kindred bodies, educational establishments, industry and affiliated societies in joint technical and educational activities providing public benefit. The Society has no associated financial liabilities relevant to related party transactions.

> Independent Auditors' statement to the Trustees of the Society of Dyers and Colourists

•

We have examined the summarised financial statements of the Society of Dyers and Colourists as detailed on pages 22 to 24. This statement is made solely to the trustees as a body in accordance with the terms of our engagement. Our work has been undertaken so that we might state to the trustees those matters we have agreed to state to them in this statement and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity's trustees as a body, for our work, for this statement or for the opinions we have formed. Respective responsibilities of trustees and auditors The trustees are responsible for preparing the summarised financial statements in accordance with the recommendations of the Charities SORP. Our responsibility is to report to you our opinion on the consistency of the summarised financial statements with the full financial statements and the trustees' report. We also read the other information contained in the summarised annual report and consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the summarised financial statements. Basis of opinion We conducted our work in accordance with Bulletin 2008/3 "The auditors' statement on the summary financial statement" issued by the Auditing Practices Board for use in the United Kingdom. Our report on the full annual financial statements describes the basis of our opinion on those financial statements. Opinion In our opinion the summarised financial statements are consistent with the full financial statements and the trustees' report of the Society of Dyers and Colourists for the year ended 31 December 2009. PKF (UK) LLP, Leeds, UK Registered auditors 15 March 2010 Society of Dyers and Colourists

Annual Review 2009

Consolidated Statement of Financial Activities

> for the year ended 31 December 2009 Including Income & Expenditure Account Incoming resources Incoming resources from generated funds: Activities for generating funds: Turnover of trading subsidiary Investment income - interest & dividends Investment income - leased building Room hire & annual dinner Incoming resources from charitable activities: Communications Technical Total incoming resources Resources expended Costs of generating funds: Trading costs of subsidiary Costs of managing investments Leased building Room hire & annual dinner Charitable activities: Communications Technical International activities Governance costs Management & administration Total resources expended

Net incoming resources before transfers Transfers Gross transfer between funds Net (outgoing) resources before other recognised losses Other recognised gains/(losses) Gains/(losses) on investment assets Net movement in funds Reconciliation of Funds Total funds brought forward Total funds carried forward All amounts relate to continuing operations

Unrestricted Funds £

Restricted Funds £

Permanent Endowment Funds £

2009 Total Funds £

2008 Total Funds £

1,578,014 32,567 107,127 47,808 1,765,516

0 69 0 0 69

0 0 0 0 0

1,578,014 32,636 107,127 47,808 1,765,585

1,525,514 68,467 100,472 47,467 1,741,920

118,348 93,007 211,355

18,500 20,000 38,500

0 0 0

136,848 113,007 249,855

123,328 129,938 253,266

1,976,871

38,569

2,015,440

1,995,186

1,006,368 3,270 40,241 48,557 1,098,436

0 0 0 0 0

1,006,368 3,270 40,241 48,557 1,098,436

1,039,240 4,864 48,623 41,985 1,134,712

300,102 303,484 42,183 645,769 42,708 239,332 282,040

10,923 10,000 0 20,923 0 0 0

0 0 0 0 0 0 0

311,025 313,484 42,183 666,692 42,708 239,332 282,040

307,428 359,265 78,886 745,579 55,333 280,599 335,932

2,026,245

20,923

2,047,168

2,216,223

(49,374)

(17,646)

(31,728)

(221,037)

26,059 (23,315)

(26,059) (8,413)

0 0

0 (31,728)

0 (221,037)

72,484 49,169

0 (8,413)

920 920

73,404 41,676

(171,939) (392,976)

2,636,117 2,685,286

199,646 191,233

17,859 18,779

2,853,622 2,895,298

3,246,598 2,853,622

Consolidated Balance Sheet

> as at 31 December 2009

2009 £

Fixed Assets Tangible General Investments

2008 £

1,211,741 1,035,719 2,247,460

Current Assets Stock Debtors Cash at bank and in hand Creditors: Amount falling due within one year

1,270,875 1,113,742 2,384,617

320,391 330,724 265,781 916,896

314,521 281,260 172,951 768,732

264,108

293,127

Net Current Assets Total Assets less current liabilities

652,788 2,902,248

475,605 2,860,222

Creditors: Amounts falling due after more than one year Net Assets

4,950 2,895,298

6,600 2,853,622

2,004,761 680,525 2,685,286 191,233 18,779 210,012 2,895,298

1,962,445 673,672 2,636,117 199,646 17,859 217,505 2,853,622

Funds Unrestricted Funds Accumulated Fund Designated Funds Restricted Funds Permanent Endowment Funds Total Funds at 31 December 2009

Statement by Trustees The attached Summary of Financial Information does not comprise the statutory accounts or the complete trustees' report of the Society but is a summary of information relating to the Consolidated Statement of Financial Activities and the Consolidated Balance Sheet. The summary financial statements do not contain sufficient information to allow a full understanding of the results and state of affairs of the group as would be provided by the full financial statements. The statutory accounts of the Society were approved and signed by the trustees on 12 March 2010 and will be submitted to the Charity Commission in due course. The statutory accounts of the Society were audited by the Society's auditors PKF (UK) LLP who gave an unqualified report on 15 March 2010. Copies of the statutory accounts can be obtained on application to the Society. Approved by the Trustees on 15 March 2010 and signed by: A G Abel (Chair of Trustee Board), P Flesher (Honorary Treasurer), R M Brown (Honorary Secretary), S Hargreaves (Chief Executive)

Society of Dyers and Colourists

Annual Review 2009

Society of Dyers and Colourists PO Box 244, Perkin House, 82 Grattan Road Bradford, West Yorkshire BD1 2JB, England T: +44 (0)1274 725138 F: +44 (0)1274 392888 E: info@sdc.org.uk W: www.sdc.org.uk Charity Registration No. 212331