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 ambr*Jge 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 Cambr*Jge 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 $i*emerts foll￿1n9 pag¢ does not lorni part oftt* statutory Delailed Irrtome aTrJ expendrturt 10 Antar¢tl¢ Science Year•nded 31 De¢ember 2021 Oiveetors. Report Ttr*directy)ts pre5enl tharreptyl Jrolhe fir￿￿5t￿left*￿ts kw•e>w tndefj 31 De¢¢mt*r 31121. sirnctur8 and govemwbce The organsatth Is a ¢harrfaNe C￿npanY￿mrted ￿guar￿.￿CLYPDTrted 16 FebW2000andTeg51eteo¥s 8 On 13 Febrwy z(vJ2. The crynpany w8s estsbhsheu unL*I a rA A550ti0*￿ esktsh5hèJ the obJe£ls a*J of the t4rywny ano is govemed under K5 ArtKles olAsswa￿rt. The finarKval 5ts1emen15 comFty wilh trt c￿¥￿$￿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 papersats*l 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 Ach*vemErts 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 Ethtyr*CW, 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￿r5*Y 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$sp￿ALl￿Ing and seRkl0 ¢ao¢n the s¢w olthe iourn4 50 asto aiirnct mLYe kn59￿5. Dlr•ttovs Dr K R Hendry Piof. M J Bentley Dr J A Jacwn Pinno Dr M Ora5 Prol. D Pea￿¢ Prrjl. J Walham Dr M Twor Prof P Twer DFAJungbl￿I P￿[ P Coh*y OrA Raya Rey (Resp>W 03 SeFébkn2021) Anlar¢tic Scionce Yoar ended 31 December 2021 DivÈctors' Responsibilities C(waTrrf laYwuhY5 the dirertss ￿ Wep1￿ St•ren￿lS yw. iknder thai kwthe dKectors ha%e ¥Kted to P￿pa￿{he anck41 ststem2nts m accordance Unrted Ge1*￿Y A¢¢*pw A¢¢wntiW (Unityj ￿ngdorn Accowbng Standatd5 appli¢aDie lawl. Under crmpaiy the wsl not aFyo¥ethe 5ts1errenrs un*ss *e ¥aIJS￿ th•thtyght a true aTrJ fa ew ol stalE DI 8ffaits ¢1 the c(xMparty and of the or cl kne crmp•ry kn ljwt ihese the diredor5arE re4vire¢ to .selea yJlJble accounbr¥ pJknes Ihwn (*xl**¢nty. .rnake iud9ements and estimates lhala￿ Jnd .prepare Ihe financial sts*ments ￿ Ihe gcdng coicern ihW4yi¥e ioyesith•thatthè r¥*np¥ryx Dus*)ess. The dirECtors are rt$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* WlW*rttsoI 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 111*2011 Acll. In ￿￿￿n9 OLrt my ex•nyn*W I havÈf&byAed OYt¥*n$g¥en Chanty Ullderser#w 145ISI Ibl ofthe 2011 Indep•hd¢ffit ¢X4mlTreVs stknneni I have cryry48*0 my eX￿￿On. IC0￿rMth3lnorn•￿￿ mawsha¥oiffft7 ro exawinatw 9￿￿9 IneaL15e 1. ac07unbny kepiin regrttt(4v* a$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*￿ry knted tywaraniee INyxwy&ied ￿ Eryl*o Wb*S. legstr￿￿)n nurrfJer03927089. The registereo office Is eoianic H￿Se. 9&100 Road. Carn￿￿. ca￿￿4]es￿l[￿. CBZ IPH AcGovnlin9 convEnliDrb These finanoal str*rnents we yep¥ed In accr1d￿*7¢h FRS 102 Tr FIAyfwi¥ Rew*kn9 aF*able 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 $tsteffl￿ts hawe been wepwed w a gwg basi5a5. atsrrr*ng apprwwte enr•NriÈS. the ￿&￿eS have a reaSC￿￿￿E expprlabon Ihe wnpany has adRquate resowcesto conttyiuE l(x tr*fores*abte fvbjre it the ￿m*•I the Golng Concern ¢onliNe m opeTrbco* ew5ttrKefDr￿fo[PWab￿Iy￿. All in¢omin9 r¢s￿rceS are Nithded the Jdr*S kn tt* ¢h8nty Èntiied ID tht in(xJme and ts an￿nt ¢an sdent5nclo￿rnJ1 Income Income is derived frorn a share ot thE PYt*¥ityi fl the pml AntsTctic sc￿ce and is inLluded in ltr penod iowhKh Theiaumal reLile5. Turrthy i5 01w>Jth￿ /TrJstated al*t￿Ye (*5rowts. athEf 5a*sts¥e5and ￿t01vAT Oonations are recogntsed at ihe porf In •*y*t ree*N¢d ¢*thratAÈ Reswthd bJnd5 are subject to spec4r￿ condkns y knotsas ￿￿C￿theY nwy be The wrpose5 usÈg(4thÈ resifthd fuTrJs rArt ￿ the rnte5 iothe fviaKiJl slatsmenl5. Irrtere5t rec•ivaWè Interest ￿ iidudedwhEffj rtt*v¥awt (4M)wi. expendibJre i% reGognNed w an accruJLs bJs5 as a ExFOfvJ*￿lnttath VAT. ¢5 not recrM*Ed. I￿￿ Is repyted part olthe expenditurelo which ilrElJte ber*lhcWes. irtdL￿e a￿A￿nI￿n¢Y tees costs inked lo thè MaTrAge￿N￿theCkn3Itr. The charilatle company Tr*èsgrahfs* Trw¥ts¥e¢h•pJto thESlaleTrMI olF1rW￿i￿Ac￿7ty251ll the yearlhatthey are awarded. T•n4ibl¢ fix¢d •ssets and Comw*requlpwst- H¥oWare CcrnFulerequiwrwLt. st￿￿¢ 2 In¢oM• ofa sc*nithcp2ufflal. TUMDVW 15 wecogr¢ed 01 Antsr¢tic Science Year ended 31 0￿4￿b*r 2021 Notes io the financial statements J DowtloTr 2020 4 T¢)tsl expeTrditure zoz Jpuh41 Costy Prc41u¢tw ¢(￿ts MarfKeting Cos15 13.856 7.287 7287 Charitsblv •¢bvll*s Paymwl ol t￿r5drIeS Educatsonal Exppnses 59.615 65.473 59.615 65.473 Qthercosts eehngs Accounthncy Lepi and W￿￿1& cosis &Jbxnplioh$ ndry Printir4 antt $ta*tyi 23$ 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 thrch*T9iIg." DewEoa)on ¥nd Ir￿￿1%￿(￿ten ￿￿tleas$e￿ 6 Trustees e￿￿￿Ents Truwee$re¢wed no reffluneratic￿ 12020. EJMD ewses fr*tra￿ and $Lthien￿a5 n prwcw5 yeai&12D20.£2351 Th￿e was #n eYr*nse D￿jrred in t*wd 7 Taxatfjon Tl* ¢Wtytlecryrp•ny hasfflo De£*ffkn2021 is thOrilab￿ stalu5. Year end¢d 31 Oecwnber 2021 N*Jtes to the financial ¥tstem•nts Fi￿￿rE$, fittlngA 051 At 1 January 2021 Addilions DiSrm￿ At 31 D￿em￿r 2WiI 3.250 3.250 D*pvèc[a￿t)Th Al l Janv8ry 2W21 cTh8rye for the year On disF*75*5 Al 31 Decemter Z021 3.250 P4At boo* ¥alu•5 Al 31 Decen*ei 2021 AI 31 DEGen*er 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¢nJ*s & defWQO 13.175 e used soley Icrf bur5ar*s. 13 Control Theairryany ￿ Iwi*ted ty gUararrt￿ sh¥t¢*￿ ilrtd8ttr* t￿5 ￿the rrthwKa￿ffl a￿j**L*S each mtmber i4 1vab￿ i0corkntr￿Iea surn exr*ethJ £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