2021-12-31-accounts

Rewered N￿ber 03927089 ANTARCTIC SCIENCE {a ¢ompany limited ty guarantee) CHARrrY NO 010￿$81 Directors. Report and Unaudited Financial Statements for the year ended 31 December 2021 A875MKE* 2W20r2 COMPANIES HOUSE A13

32

Anta￿tIC Sclence Year ended 31 December 2021 Company Infomiation ststus Antardic Suence is a ¢tynp•ny h.mw by guarnntee 8nd a registe￿￿ charty go¥effled by rt5 memorandum and aityde$ of •$$¢C￿lI￿n. Charty Numw. 010￿1581 Olrerfo K R Hendry Prol. M J Benl CY J A Jad50n Mr M Pinno DrMD Prof. D Pear Pmf. J Wadh t¥ M Tayl Prof P Tyler CWA JungtrAul Prof P Convey A Raya Rey (Reshjned 03 Septemter 20211 (A4¥)onted 20January 3022} Bnan Marshal Company Numb¢r 03927089 IRegi5tered Offic• 1C(l Hi15 Road ambrJge CambrpJgesh¥e B2 1PH d¢pendentexaminer James Francis FG4 En50r5 Accountants LLP House Emiine Business Part SI￿rI￿ Ckjse Huntirtydo PE29 6XY Sollcltors Mils & Ree¥e Road CambrJge C82 1PH

Antarctlc Science Year ended 31 December 2021 Contents Direc¢c¥5' report Independent exami￿9 report Staiement offinarthl actwth5 Balance $￿et Note5 to Ihe fin•noo1 $iemerts foll￿1n9 pag¢ does not lorni part oftt statutory Delailed Irrtome aTrJ expendrturt 10

Antar¢tl¢ Science Year•nded 31 De¢ember 2021 Oiveetors. Report Ttrdirecty)ts pre5enl tharreptyl Jrolhe fir￿￿5t￿left￿ts kw•e>w tndefj 31 De¢¢mtr 31121. sirnctur8 and govemwbce The organsatth Is a ¢harrfaNe C￿npanY￿mrted ￿guar￿.￿CLYPDTrted 16 FebW2000andTeg51eteo¥s 8 On 13 Febrwy z(vJ2. The crynpany w8s estsbhsheu unLI a rA A550ti0￿ esktsh5hèJ the obJe£ls aJ of the t4rywny ano is govemed under K5 ArtKles olAsswa￿rt. The finarKval 5ts1emen15 comFty wilh trt c￿¥￿$￿t 2011. Ihe Ctry￿S 42(thS. the MertKrn(m aTrJ olA550riath?n. ar Aecounliry and by ChaTrlR5 Staterrenlof Recmmen¢ed PtsrJKt¥p￿W¢ weparin9 trtyr ac¢tynts au¥rdxe wth e Financial Re￿￿9 stsndard FRS 102 Chwths SORP leffe£kvej￿ry 20151. ObJ"ectives and aclivities In pLinning the Kbvrfie5 fDr the yew pJtlr bEnefftr¢quiremenls. The 04e¢t ollh¢ chanty Is to educatethe wtl1cabroJtthp•thtth•￿j rts erY•wirniity tr (d¥ $¢wtI￿l￿al8rf ty me ky0mo￿On. $upw18nd di$s¢mation ol re5ear£h ThepJmal aitrxts papw5fiTrTh al ￿￿ng￿tIf¢be f￿arth. It wtsi$he$ rwew8nd papersatsl as editoi and ￿n￿￿t￿]b￿S. In the I￿1 ol the imwuvemEnls attÈSSto researth [￿21￿3nd data wpts1ed by Brib5h ar American Go¥ern1r￿nI5. as as skmiiv OErrwts L￿rg twht ￿ Iorwwsf￿￿edWilh Europ￿ ur￿[ffi theTr)ml hès n￿de all the nece55ary preparatyons lo mEel the Open Access AchvemErts and perforwrwn Tlechanty has pufdish me ith artthp)J CTrIw￿a5 5C•JD a5 ¥rfl gthers Into ￿Uese¥￿y1WO The 2020 ￿np￿ttrE￿r re￿rned to ¥ue5. nowai 1.638. 51 5uenbficFOPW5 and 5 Edkna15. aLYD5S a rJnyE ol sr4entft ￿E￿pI￿e& The EthtyrCW, Prol. Petv Ctsiw. haS￿Ike4 to eywbj Ihe ren¥tofthepJmal¥lhe huThHNts25 soual 5uene ia$ perhis t(h￿n#1, V0￿me 33n. 20211_ In Ihe 2021 roJnd ol￿r5Y WI￿r lrt P•1Kxdsr.the Board are keen toUJTht￿UèWith l￿ding tyjrsaries fu eatycWeerresearche￿. The ne¥t I￿￿ve￿[S￿￿ ￿{￿•￿¥￿J Ar£e$sp￿ALl￿Ing and seRkl0 ¢ao¢n the s¢w olthe iourn4 50 asto aiirnct mLYe kn59￿5. Dlr•ttovs Dr K R Hendry Piof. M J Bentley Dr J A Jacwn Pinno Dr M Ora5 Prol. D Pea￿¢ Prrjl. J Walham Dr M Twor Prof P Twer DFAJungbl￿I P￿[ P Coh*y OrA Raya Rey (Resp>W 03 SeFébkn2021)

Anlar¢tic Scionce Yoar ended 31 December 2021 DivÈctors' Responsibilities C(waTrrf laYwuhY5 the dirertss ￿ Wep1￿ St•ren￿lS yw. iknder thai kwthe dKectors ha%e ¥Kted to P￿pa￿{he anck41 ststem2nts m accordance Unrted Ge1￿Y A¢¢pw A¢¢wntiW (Unityj ￿ngdorn Accowbng Standatd5 appli¢aDie lawl. Under crmpaiy the wsl not aFyo¥ethe 5ts1errenrs unss e ¥aIJS￿ th•thtyght a true aTrJ fa ew ol stalE DI 8ffaits ¢1 the c(xMparty and of the or cl kne crmp•ry kn ljwt ihese the diredor5arE re4vire¢ to .selea yJlJble accounbr¥ pJknes Ihwn (xl¢nty. .rnake iud9ements and estimates lhala￿ Jnd .prepare Ihe financial stsments ￿ Ihe gcdng coicern ihW4yi¥e ioyesith•thatthè r¥np¥ryx Dus)ess. The dirECtors are rt$ponyt4È keepiry adewai¢ recwds thai are sulknt to and Ihe tr3n5arbons and disdose vllh reas0r￿t￿eatt￿racya¢ any IMr u￿￿nIn&• ptssthi (rfthe ¢tsMpany and enable themto enSuremdtthe finanaal stalementscornpty wth the CompaThes Act ￿￿6. They arE akn responyi lot asset¥￿ the ¢tyTW•W ar#Slw¢e ￿$￿a￿kStepS lorihe and detedion dtraud and olherirrerylJritie5. Srnall •Awrylw)ns Slgned on beh4Wof thed*eGt¢Jr4 rm Pinnoek Oir•cior Oat•.' 31 May 2012

Antsrctic S¢len¢e Year ended 31 Docernber 2021 Ind•pendent exarnin8￿5 reportio tht Tvustoes of Anfarclic S¢i¥nc¢ ReAponslb¥llkn$ tyasls of i•port As mechJrW5 InJstee5 oithe Cwnpany ￿$0￿$ diredois trthe ww8e¥ot¢(Nb•ty osrthwrAe oflhe atttyJnts hi ac>Jydance ty WlWrttsoI me Charth5•d 2011 fihe WJ. H8biny 5JlrsfiEd rysellth8t the arjmofthe Compgrry ndf¢WffÉt110 be wthted ￿￿er Part 18ofll 2W6 and are e￿9Ible for indepEndentex8rThrk￿l1W, I In iespect ol mYexw￿￿ah￿ of y￿r axounts ascal￿d (wi sectyx) 14501 ihe ChanbesAct 2011 1112011 Acll. In ￿￿￿n9 OLrt my ex•nynW I havÈf&byAed OYt¥n$g¥en Chanty Ullderser#w 145ISI Ibl ofthe 2011 Indep•hd¢ffit ¢X4mlTreVs stknneni I have cryry480 my eX￿￿On. IC0￿rMth3lnorn•￿￿ mawsha¥oiffft7 ro exawinatw 9￿￿9 IneaL15e 1. ac07unbny kepiin regrttt(4v a$rtyved 1JD dthe 2. IhE accounts dD thos¢ re¢tyd$. J ¥ct¢wrtty nut ￿Mpty with the regunmth)ts the ccffjtert the ChaiiDe5 {ACcO￿lS Reports) iryji￿<Kl$ 2Q08 than s(xxwntsgi¥ea afvj far n￿ c￿S￿Jer&￿ as partofan indep2nden1fxanunats￿. Jèm•s Fvthd$ FCA Ensops Ar¢ourf•t$ LLP ChartprBd A¢¢•uAtsn Errnlne Bu$lns¥ P4rk Spltri¢ Clos¢ Huffjtingdon PE29 6XY Dale.. J1 May 2012

Antar¢tt¢ Science Year ended 31 Oecembef 2021 Statement of Financial Arbvilits lincludin9 In¢ome & Ewdrtwr A¢¢0￿￿tI for the year ende<l 31 D¢¢¢M￿r 2021 T( Funlts 2021 Fur F¥h¢s 2D20 Income InrtNnE trDm Oiher Bank iTrtere51 Don31ion5 Totsi Incoffl• 63.329 69.329 73.816 )13 717 2.754 2.754 66.083 6.083 74.646 Jovmalc05ts Charnta￿e aclwth5 Olher costs Tothi expendlturE J3.856 59.615 14.687 BB.158 13.856 59.615 14.687 88.158 7.2B7 65.473 5.918 78.678 N•t Incr￿e10T￿e year 122.0751 {22.075) 14,032} Galn ortyjss on InveStry￿(￿lJ 14.0031 Reeoncmlaiion of lunts TWfund¥ 3B1.501 1.400 382.904 391.739 Tow carriedtt￿￿￿O 366.375 1.400 367 775

Antsrctic Sci•nce Year ended 31 Dec¢rnber 2021 BalaTrEe Sthet 202f 1020 Flxed assets Tangible assets Inve$ment$ 114.028 107.ty)0 Currert15¥•ts Debtcrs Cash al barth and in ha￿j 10 65.531 201.391 266.922 31.131 249 481 280.714 Crqditor5". ￿11￿9 d￿￿ lthlR È y•¥r 13.175 4.810 NetcuwreTrt455ets 253.747 27S.904 Total a55•tsl•SS ¢uiontll•tyl￿ 3s7.ns 3B2.004 Funds Res￿ded un￿$t￿cted 12 J66.375 361.504 JS7.775 382.9D4

Anlarctic S¢ien¢e Year ended 31 December 2021 Bal¥n¢e Sheet Icontinuedl For Ihe finaneialyear ended 31 DEC￿nber 2021 IhÈ ¥AS enDthd to ex&)¥1￿ Ur￿er 477 dthe CO￿￿leS Act 20C6. No membef of the Gomvany has oekwed • nv*ce. Sethn 476. rewynlg •Tr of 51alements urtdei the 4uirernenL%d the Cornparts 2006. Mèmbef5 have not theccmpanylo ob￿aTra d IM wep8r•w datsxLY) cNdanre wdh FRSI02. Approved by Board for65SU•On'. 7611 fw)g lozt ¥r•A PlThn•tk ¢ory•ny RgSW4traiiDn Mo. fy3927019

Aniar¢tic Scienc• Year ended 31 D¢¢¢mber 2021 Notes to the finan¢ial •¢•tem¢nts l Ac¢ountiDg policies Company inforn4tion Antsrcbc Suence Lirnrted isa oJmp>ry knted tywaraniee INyxwy&ied ￿ Erylo WbS. legstr￿￿)n nurrfJer03927089. The registereo office Is eoianic H￿Se. 9&100 Road. Carn￿￿. ca￿￿4]es￿l[￿. CBZ IPH AcGovnlin9 convEnliDrb These finanoal strrnents we yep¥ed In accr1d￿7¢h FRS 102 Tr FIAyfwi¥ Rewkn9 aFable in the VK and RepLt4K of nrf. fFRS 102 Chanbes SOR￿} ￿din xcr¥daKet¥iLh ￿t¢¥nParriE5A￿ 2 slatenienis are rounded to thE rea￿ É. The financial $tsteffl￿ts hawe been wepwed w a gwg basi5a5. atsrrrng apprwwte enr•NriÈS. the ￿&￿eS have a reaSC￿￿￿E expprlabon Ihe wnpany has adRquate resowcesto conttyiuE l(x trforesabte fvbjre it the ￿m•I the Golng Concern ¢onliNe m opeTrbco ew5ttrKefDr￿fo[PWab￿Iy￿. All in¢omin9 r¢s￿rceS are Nithded the JdrS kn tt ¢h8nty Èntiied ID tht in(xJme and ts an￿nt ¢an sdent5nclo￿rnJ1 Income Income is derived frorn a share ot thE PYt¥ityi fl the pml AntsTctic sc￿ce and is inLluded in ltr penod iowhKh Theiaumal reLile5. Turrthy i5 01w>Jth￿ /TrJstated alt￿Ye (5rowts. athEf 5asts¥e5and ￿t01vAT Oonations are recogntsed at ihe porf In •yt reeN¢d ¢thratAÈ Reswthd bJnd5 are subject to spec4r￿ condkns y knotsas ￿￿C￿theY nwy be The wrpose5 usÈg(4thÈ resifthd fuTrJs rArt ￿ the rnte5 iothe fviaKiJl slatsmenl5. Irrtere5t rec•ivaWè Interest ￿ iidudedwhEffj rttv¥awt (4M)wi. expendibJre i% reGognNed w an accruJLs bJs5 as a ExFOfvJ￿lnttath VAT. ¢5 not recrMEd. I￿￿ Is repyted part olthe expenditurelo which ilrElJte berlhcWes. irtdL￿e a￿A￿nI￿n¢Y tees costs inked lo thè MaTrAge￿N￿theCkn3Itr. The charilatle company Trèsgrahfs Trw¥ts¥e¢h•pJto thESlaleTrMI olF1rW￿i￿Ac￿7ty251ll the yearlhatthey are awarded. T•n4ibl¢ fix¢d •ssets and Comwrequlpwst- H¥oWare CcrnFulerequiwrwLt. st￿￿¢ 2 In¢oM• ofa sc*nithcp2ufflal. TUMDVW 15 wecogr¢ed 01

Antsr¢tic Science Year ended 31 0￿4￿br 2021 Notes io the financial statements J DowtloTr 2020 4 T¢)tsl expeTrditure zoz Jpuh41 Costy Prc41u¢tw ¢(￿ts MarfKeting Cos15 13.856 7.287 7287 Charitsblv •¢bvlls Paymwl ol t￿r5drIeS Educatsonal Exppnses 59.615 65.473 59.615 65.473 Qthercosts eehngs Accounthncy Lepi and W￿￿1& cosis &Jbxnplioh$ ndry Printir4 antt $tatyi 23$ 1.974 ?.005 2.259 JJ6 1.706 338 123 144 14 687 5.918 Tvt•l •xptrAknre 78.678 21 2020 This s staled thrchT9iIg." DewEoa)on ¥nd Ir￿￿1%￿(￿ten ￿￿tleas$e￿ 6 Trustees e￿￿￿Ents Truwee$re¢wed no reffluneratic￿ 12020. EJMD ewses frtra￿ and $Lthien￿a5 n prwcw5 yeai&12D20.£2351 Th￿e was #n eYrnse D￿jrred in twd 7 Taxatfjon Tl ¢Wtytlecryrp•ny hasfflo De£*ffkn2021 is thOrilab￿ stalu5.

Year end¢d 31 Oecwnber 2021 NJtes to the financial ¥tstem•nts Fi￿￿rE$, fittlngA 051 At 1 January 2021 Addilions DiSrm￿ At 31 D￿em￿r 2WiI 3.250 3.250 Dpvèc[a￿t)Th Al l Janv8ry 2W21 cTh8rye for the year On disF755 Al 31 Decemter Z021 3.250 P4At boo ¥alu•5 Al 31 Decenei 2021 AI 31 DEGener 2020 9 Alartet InYe&tfflents C￿tt￿ Valua￿0￿ Al l j￿ts3ry 2021 Addibons lThcowe retsK￿d In Xc￿jnt OiSPOSa Al JI Decernbei 2021 107.000 7.02 114.028 Cairyln9 amouni Al 31 Deceffjber 2021 Al 31 Decernber 2020 114.02B 10 Oebtor& 2021 20211 Tr￿￿ljIty$ 153.320 Z.ZQ3 30.7J6 65.SJ2 31.234 11 cr•dIto￿.. amounts lallng due year 2¢21 2020 Ac¢nJs & defWQO 13.175 e used soley Icrf bur5ars. 13 Control Theairryany ￿ Iwited ty gUararrt￿ sh¥t¢￿ ilrtd8ttr t￿5 ￿the rrthwKa￿ffl a￿jLS each mtmber i4 1vab￿ i0corkntr￿Iea surn exrethJ £1 in the up-

Y•ar ended 31 Deeernber 2021 Detailed in¢¢me and •Xpendi￿￿ account 202ri TDtsI Tot•1 63.329 73.?29 Mana9kn9 editor ItÈ cos Meebn9S 13.856 2.259 7.287 1.706 235 1.974 1.400 .473 336 123 144 2.005 9.a60 59.615 336 106 Legal aJd prrfessKx*l Bursane5 Subxnpbrrf Sundry Pnthg stknnery 88.15B 76.678 Op•rat4n9 Idefk6t> 24.829 4.749 Intv¢$tff¢elvablÈ Bank #ile￿5t orlo¥$M Investm￿1 fvnd 2,754 6.946 717 14.803) N•t surplus {de￿Ill lorthe year 15129 8835 10