THE SCIENTIFIC AND MEDICAL NETWORK
(Company limited by Guarantee No. 04544694, Re￿stered Charity No. 1101171)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Contents
Legal and Administrative Information
Board of Trustees, Report ....
Independent Examinerfs Report .............................................
Statement of Flnanclal Actlvltles .
Balance 5heet......................................... ..
Cash Flow Statement............
Notes to Financial Statements.-.
.10-16

THE SCIENTIFIC AND MEDICAL NETWORK
REFERENCE AND ADMINISTRATIVE DETAIL5 OF THE CHARITY.
ITS TRUSTEES AND ADVISER5
For the year ended 31st December 2024
President
Vice Presidents
Professor Bernard Carr
Professor John Clarke
Diana Clift
Professor Marilyn Monk
MA, PhD
BA, MA
MA,MPhil
Emeritus Professor of
Molecular Embryology, PhD,
Msc
MA
Claudia Nielsen
Martin Redfern
Board of Trustees
Dr. V35ileios Basios
(resigned on 31st July 2024)
Mr. Paul Kieniewicz
(resigned on 16th July 2024)
Dr. Joan Walton
BSC, Msc. PhD
BSC. MA Astronomy. MSC
Geophysics
PhD. M5ocki, DipSW, CQSW,
BA (Hons)
BA (Hons)
Ms. Ali50n Letts
(appointed 3rd February
2024 and resigned on 9th
April 20241
Ms. Laurel Waterman
(appointed on 3rd February
20241
Dr. Simon Duan
{appointed on 19th May
20241
Dr. Filippo Dal Fiore
(appointed on 17th
September 2024}
Ms. Jacqueline Nielsen
Mr. Tuvi Orbath
BA (Honsl, MA
BSC, MSC, PhD
MA, PhD
BA, BL
BSC, MBA
Officers and Key Roles
Company secretary
Chiara Reghellin
(resigned 5th July 2024}
Graham Wilkins
(resigned on 1st December
20241
David Lorimer
PhD
Treasurer
BSC, FCA
Programme Director, Editor
of Paradigm Explorer, and
Global Ambassador
MA. PGCE. FRSA

THE SCIENTIFIC AND MEDICAL NETWORK
Consultant
Mana
Bookkeeper
Dr. Oliver Robinson
Andrew Polson
Rhanna Lei Cariaga
MA. MSC, FRSA
MA
Bsc Accountancy
er
Compan
Re
Chari
No
Reglstered Office
No
04544694
1101171
52 Fore Street
Callington
Cornwall
PL17 7AJ
A. M. Farr. FCCA
Dawe. Hawken & Dodd
Chartered Certified Accountants
52 Fore Street
Callington
Cornwall
PL17 7AJ
Barclays Bank PIC
CAF Bank
Independent Examlner
Bankers

THE SCIENTIFIC AND MEDICAL NETWORK
BOARD OF TRUSTEES, REPORT
For the year ended 31st December 2024
The Board of Trustees, who are also Directors of the Company for the purposes of the Companies
Act, and Trustees for charty law purposes, submit their annual report and the financial
statements of The Scientific and Medical Network for the year ended 31st December 2024. The
Board confirrn5 cornpliance with statutory requirernents, governing documents. and the
Statement of Recommended Practice IFRS 1021.
Structure. Governance and Mana8emerrt
The Scientific and Medical Network is a company limited by guarantee and governed by its
Memorandum and Articles of Association. The Directors of the Company are Trustees in
accordance with the Charities Act 2011.
Risk Assessment
The Directors review financial and other risks as appropriate and have established procedures to
ensure transactions and project5 are properly authorised.
Directors and members, Interests
The Directors of the Company on 1st January 2024 were Dr. Vasileios Basi05. Mr. Paul Kieniewicz,
Or. Joan Walton. Ms. Jacqueline Nielsen, and Mr. Tuvi Orbach.
Each year, one third of the member-appointed Dirertors. who have sen4ed the longest. retire by
rotation. They are, if they wish. eligible for re-election. At the Annual General Meeting held on
5th Ottober 2024. Dr. Joan Walton and Mr. Tuvi Orbach retired by rotation and were re*lerted.
Mr. Paul Kieniewicz resigned on 16th July 2024 and Dr.Vasilei05 Ba5ios resigned on 31st July 2024.
The following were appointed as Direttors during the year 2024.. Ms. Laurel Waterman on 3rd
February 2024, Dr. Simon Duan on 19th May 2024, and Dr. Filippo Dal Fiore on 17th September
2024. The Directors therefore in place on 31st December 2024 were Mr. Tuvi Orbach, Ms.
Jacqueline Nielsen. Dr. Joan Walton, Ms. Laurel Waterman. Dr. Simon Duan and Dr. Filippo Dal
Fiore.
Objertlves and Artivities
The Charitvs objects are set out in the Memorandum and Articles of Association as follows.. For
the benefit of the public. to advance education in the study and application of science and
medicine, in particular but not exclusively, by adopting an interdisciplinary approach.
The Directors confirm that they have referred to the guidance contained in the Charity
Commission's general guidance on public benefrt when reviewing the Charitys objectives and
attivities.

THE SCIENTIFIC AND MEDICAL NETWORK
ACHIEVEMENTS AND PERFORMANCE
Review of the Year
During the year, the Company continued its educational activities by arrangin8 conferences and
webinars on subjerts relevant to its charitable purposes. all of which were open to the publlc.
Col laborative work on various educational projects with partner organisations also continued.
Further details of these projects are provided in the Paradigm ExplO￿r journal.
The largest donation received in 2024 was from the Salvia Foundation, amounting to £75,000.
The accounts for the year ended 31st December2024 show a surplus of income over expenditure
of £23.093, compared to a surplus of £66,915 in 2023. The higher figure in 2023 ￿flected
particularly generous donation gNen in memory of the late John Kapp. In 2024, the Salvia
Foundation extended its support for the Galileo Project for a further three years to December
2026 at £75.000 per annum. We also received smaller donations, and we gratefully acknowledge
and thank all those who supported us during the year.
FINANCIAL REVIEW
The Directors monitor the Charl￿5 resources to ensure sufficient funds are maintained to meet
future need5 and to provide adequate working capital. At 31st December 2024, the Charity held
reserrfes of £149,872, Compared with £126,779 the previous year.
The Directors are conscious of the need to improve and secure the financial sustainability of the
Charity and remain in ongoing discusslons about how best to achieve this.
PLANS FOR FUTURE PERIOOS
The Dlrectors continue to focus on Increasing and retaining membership. While there has been
some success in attracting new members, overall numbers have not grown significantly, and
retention remains a challenge. This reflects a wider trend faced by many organisations, as large
numbers of podcasts and videos are now freely available on platforms such as YouTube and other
channels.
The Directors recognise that for many years income from the Charity's activities has not fully
covered expenditure, leaving us dependent on donations. Future planning must therefore focus
both on enhancing our activities to attract more members and generate income from events,
conferences. and other initiatives, while also ensuring that our work delivers clear and positive
impact.
To achieve this, the Directors are committed to developing a robust Strate￿ to improve income
8eneration and advance the ChariV5 mission and 8oals, including:
Expanding our network of individuals. including professionals in science, medicine,
engineerin& psychology. philosophy, and complementary practices. who Share the recognition
of a fundamental, unifying. and transcendent reality.
Creating more educational activities that go beyond the prevailing materialist worldview,
providin8 the rising generation with a renewed sense of meaning and purpose.

THE SCIENTIFIC AND MEDICAL NETWORK
Pursuing ourtransformative aim of promoting humanitys spiritual essence as compatible with
enlightened scientific thinking.
Exploring frontier issues at the interfaces between science, spirituality, mnsciousness, and
well-being.
Attracting young people interested in exploring new paradigms, as well as scientists and
professionals able to contribute to our charitable purpose.
DIREcfoRS' RESPONSIBIUTIES STATEMENTS
The Trustees {who are also the Direttors of the Scientific and Medical Network for the purposes
of company lawl are responsible for preparing the Directors Annual Report and the financial
statements in accordance with applicable law and regulation5.
Company law requires the Trustees to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of ￿sources. including the income and expenditure of the charitable
company for that period. In preparing these financial statements, The Trustees a￿ required to:
Selett Suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgments and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subjert to any material
departures disclosed and explained in the financial statements;
• Prepare the financial statements on the going concern basi5 unless It is inappropriate to
presume that the Charity will continue in operation.
The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate
System of controls, financial and otherwise. They are a150 responsible for keeping adequate
accounting records which disclose with reasonable accuracy at any time the financial position of
the Charity and enable them to ensure that the financial statements comply with the Companies
Act 2006, the Charities Act 2011 las amended by the Charities Act 20221, and the provisions ofthe
governing documents. They are also responsible for safeguarding the 355ets of the Charity and
hence for taking reasonable steps for the detection and prevention of fraud and other
irregularities.
The Board of Trustees is responsible for the maintenance and integrity of the corporate and
financial information included on the Companvs website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements may differ from legislation
in other jurisdictions.
Approved by the Board of Trustees on 29.10.2025
and signed on their behalf by-
Tuvi Orbach
DJI
Trustee

THE SCIENTIFIC AND MEDICAL NETWORK (Registered Company Tho. 04544894)
IYDEPE7IDEfiT EK4.IIINER'S REPORT TO THE MEMBERS OF
THE scIE￿IFIc AliD MEDICAL YETWORK
FOR THE YEAR ENDED 31" DECEMBER 2024
I report to the Charity Trustees on my examination of the fllmncial stat¢ments of The Scientific and .Medical
Network for the year ended 31" D¢cunber 2024.
Responsibilities and Bgsis of Report
As the Trustees of The Scientific and Medical N'etwork (and also its Directors for the purposes of company law) you are
responsible for the preparntion of the Accounts in accordance w.ith the requirements of the Companies Act 2006 ('the 2006
Act,). You are satisfied that tbe Accounts of the Company are not required by charity or company law to be audited and
hai'e chosen instead to have an independent examination.
Having satisfied myself that the Accounts of The Scientific and Medical Network are not required to be audited under Part
16 of the 2006 Aci and are eligible for independer¢t examination, I report in rcspect of my examination ot the Accounts
carri¢d out under Section 145 ot- the Cbarities Act 2011 ('the 2011 Act.). In carrying out my cxamination I hav¢ followed
the Dircctors given by the Chariry Commission under Section 145(SXb) of the 2011 Act.
Independent Examiner's Statement
I can confum that I am qualified io undertake the examination because l am a registered member of the ACCA which is
one of the listed bodies.
I have compl¢ted my examination. I confiTm that no maters have come to my attention in conllection with the exarnination
giving me cause to believe that in any material r¢spect'.
ountlng records were not kept as required by Scction 386 of th¢ 2006 Act" or
the accounts do not accord with those records. or
the aecounls do not comply with tlle accountitig requirements of Section 396 of the 2(K16 Aci other than any
requirement ihat the accounts give a true and fair view which is not a matter Consider￿ &$ part of an independent
¢xamination- or
I have no ¢oncerns and have corne acro55 no other matteT5 in connertion with the examination to which atteniion should be
draivn in this report in ord¢r to enable a proper understaDding of the accounts to be reache
Andrew. M. F
FCCA.
Dawe, Haw
& Dodd
Chartcred Certificd ALLouniaols
52 Fore Street
Callingion
Cornwall
PL17 7AJ
Date.. 17. October, 2025

THE SCIEiYfiFIC AI%D.MEDICAL ,YETWORK
STATEME.NT OF FINAIWCIAL ACTIVITIES
(incorporating the Income and Expendithre Account)
FOR THE YEAR EliDED 31° DECEMBER 2024
Unrestricted
Funds
Re5trieted
Funds
2024
2023
INCOME AiYD ENDOW[￿El1Ts FROM:
Donations, Legacies & Grants
Income from Charitable Activities
Other Income
46193
251098
5756
107641
153834 158380
251098 270590
5756
6924
TOTAL
303047
107641
410688 435894
EXpEND1TL￿E ON:
Charitable ActiT¥ities
91186
387595 368979
TOTAL EXPENDITL'RE
296409
91186
387595 368979
Net tncome/ffxpenditUTe)
Nei Transfer between Funds
Net Incominglloutgoing) resources
after Transfers
6638
16455
66915
li
796
796
7434
15659
23093
66915
NET MOVEf*tENT IN FUh￿s
7434
15659
23093
66915
Total Funds at I" JaDU*ry. 2024
Prior Year Adjustment
Funds 4131" December 2024
125799
980
126779
59864
133233
16639
149872
126779
The notes on pages 10 to 15 form part of these fmallcial statements

THE SCIENTIFIC AND MEDICAL IYETWORK
BALANCE SHEET
AS AT 31" DECEMBER 2024
Notes
2024
2023
FIXED ASSETS
Tangible Assets
Current Assets
Debtors
Cash at Bank and in Hand
11600
1356
240996
203036
CREDITORS: Amounts falling due
within one year
io
NET CURRENT ASSETS
149872
126552
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
12
FUNDS
Unrestricted filllds:
General Fund
Designated Fund
39544
25799
l33233
125799
Restricled Fund4.
The CoTnpany is exernpt from the requirements relating to Preparing audited accounts in accordance with Sedion 477 of
the Companies Act 2006. Th¢ mernbers have not required the Company to obtsin an audit of its accounts foT the year
ended I 1° December 2024 in accordance with Section 476 of the Cornpani¢5 Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with
respect to accouDting records and the preparation of a¢¢ounts. These accounts have been prepared in accordance with the
provisions applicable to companies subject to the small Companies, regime.
The financial statements weTt approved, and authorised for issue. by the Board of Trustees on
and signed on their behalf by-"
Tuvi Orbach
Date: 29.10.2025
Trustee
The notes on pages 10 to 15 form part of these fmancial statements

THE SCIEwfIFIC AND MEDICAL NETWORK
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31" DECEMBER 2024
2024
2023
Cash Flows from Operating Activities
Surplusl(defLClt) for the financial year
23093
66915
Adjustinents for:
tkpreciation
(In¢rease)tDecrease in Debtors
(Decreaseyincrease in Creditors
227
{10244)
342
755
27716
82713
Casb Flows from Investing Aclivitles
Purchase of Tangible Fixed Assets
Net Increase fin Cxsb glld Cash Equivalents
Cash and Cash Equivalents at 1° January, 2024 and 2023
Cash and Cash Equivalents at 31" Decernber 2024 and 2023
262
27716
82451
201680
119229
Components of Cash And Casb EquivaAents
Cash al Bank and in Hand
229396
201680

10.
THE SCIENTIFIC AND MEDICAL YETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31°, DECEMBER 2024
ACCOUNTING POLICIES
Basls nf Preparation of Fln8nelal Statements
The f1nancial statements of the Charity, which is a public benefit entity under FRSI 02. have b¢eT] prepared undeT the
historical cost convention. They have been prepared in accordance with applicable United Kingdom accounting
standards. the requireTn¢nts of the Statement ot R￿0mMended Practice AG¢ounting and Reporting by Charities
{SORP 2015), the Financial Reporting Standard applicable iii the L'K (FRS 102) and the Compalli¢S Act 2006.
The Tn￿teeS consider that there are no material urncertainties about the Trust's ability to continue as a going
concern.
Compally Status
The Scientific and Medical Network is a company limited by guarantee. In the event of the Charity being wound
up, the liability in respect ot ihc guarantee is limited to £ I per member of thc Charity.
Fund Accounting
General fund5 unrestricted fuDds which are availabl¢ for use at the discretion of the Trustees ill furtherauce of
the general objects of the Charity and ivhich have not b¢¢n designated for other Pu￿Oses.
Designated ￿ndS comprise unre51ricted funds that have been set aside by the Tn]stees for parti￿lar purposes. The
&i]n and use of each desigthated ￿nd is set out in the notes to the fu￿nClaI slatements.
Restricted funds are funds which are lo be used in accordance with specifie restrictions imposed by donoTS wbich
hav¢ been raised by the Charity for particular purposes. The cost of adrninistering such funds are charged against
Ihe specific fund. The aim and use of each restrict¢d fund is set out in the notes ¢0 th¢ financial siatements.
ststutory grant5 which ar¢ given as contributions towards the Charity's core services aTe treated as unrestricted.
Incoming Resources
All incoming re$ourL'es are included in the Statem¥nt of Financial Activities when the Charity is l¢gally entitl¢d to
the income and the amount can be quantified with reasonable accuracy.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed
to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included
at the value lo the Charity where this can be quantified and a third party is bearing the cost. No amounts are
included in the financial statements for services doy)ated by volunteers.
Donated servi¢es are included in income at a valuation w-hich is an estirnate of the financial cost borne by the donor
.here such a cost is quantifiabl¢ and mea4urabl¢. No income is recognised where there is no fmancial cost boTne by
a third party.
tn¢ome Tax recoverable in relation lo investment income or Gift Aid donations is recognised at the tkme the relevani
income is receivable.

11.
THE SCIENTIFIC AIND MEDICAL NETWORK
NOTES TO THE FIryANCIAL STATEMEINTS
FOR THE YEAR ENDED 31" DECEMBER 2024
Resources Expellded
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all
C08t8 for allocation to activities. Support cosls, which cannot be directly attributed to particular activities, have been
&pportioned proportionately co the direct staff costs allocat¢d to Ihe activities. Governance costs include the costs of
Se￿i¢1ng Trustees, meetings. indep¢nder]t examination and strategic planning.
Irrecoverable VAT 15 Lharged against the ¢ategory of resources ¢xpended for which it was incurred.
Tanglble Flxed Assets and Deprecl4tlon
Tangible r￿ed assets are stated at cosi less depreciation. Depreciaiion ts provided at rates calculated to ￿Y1t¢ off the
cost of fixed assets. less their es(ima(ed resid￿1 value, over their expcLtcd livct+ on the following ba5eS'.
Otyice Equipment
4 Years
DONATIONS, GRANTS AND LEGACIES
Lnrestrlcted
Funds
Restrlcted
Fund8
2024
2023
Donations
LLgacies
Grants
38543
38543
7926
112454
38000
76.$0
107641
11.5291
46193
107641
153834
1511380
Analysis of the Grants Funding
Watson Grant
Scientific Medical Network Charitable Trust-
Jubilee
John Fetzer In5titulc
SalN'ia Foundation Grants
16876
15765
16876
15765
7650
7650
75000
75000
38000
7650
107641
115291
380

12.
THE SCIENTIFIC AND MEDICAL NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31°, DECEMBER 2024
OTHER INCO￿
Unr¢strlcted
Fuods
Restrlcted
Fund5
2024
2023
Publi¢ation In¢om¢ & Book Sal¢s
Grants Admini$trdtion Fees
Int¢r¢st
851
4638
267
5756
851
4638
267
5756
4755
2000
169
6924
INCOME FROM CHARrrABLE ACTIVITIES
Unrestrlcted
Fund5
Restrlcted
Funds
2024
2023
Membership Fees
AGM Sales
Mystics and Srientists
Beyond the Brdin including film viewings
FilLn Viewings
Online Education including Webinars
CPF
Ypp tncome
En Espanol Income
her Evey]t & Revenue
95012
24630
14695
21695
7652
60895
11365
850
31
14273
251098
95012
24630
14695
21695
7652
60895
11365
850
31
14273
18081
251098 270590
91248
21617
162(Kl
29951
77826
9631

13.
THE SCIENTIFIC AND MEDICAL NETWORK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" DECEMBER 2024
RESOURCES EXPENDED
Unrestricted Regtricted
Funds
Funds
2024
2023
Event Costs..
AGM ExpeDse5
Mystics and Scientists
Beyond the Brain
CPF
her Events
Total Everjt Cost$
23964
5893
6432
1441
15478
53208
2.3964
22871
4989
7857
3452
13084
52253
6432
1441
15478
53208
Mernbership DiscouTJts
Jubilee Proj¢ct
Publication Costs
EN Espanol Costs
Webinarsnvebsite Hosting
Salvia Foundation
Watson Granl
Galileo
Support Cosls
YP Project
Vivalt¢s Research Project
Total Charitable Expenditure
450
15765
15765
34085
19449
19449
58361
16876
184
163564
9034
11562
29108
39441
17754
58361
16876
184
163564
9034
11562
185461
10427
296409
91186
387.$95
368979
Resources expended include:
2024
2023
Independent EKaTniner's Fee
Depreciation
1490
227
1920
342
Details of Staff Costs are given in Note 7
Detsils of Support Costs are gii'en in Note 6.
SUPPORT COSTS
Total
2024
Total
2023
Administration
Depreciation
Indcpcndent Exarniner's Fee
Insurance
Tax Adlice and Accountinu
Postage, Stationery & IT
Staff Costs
Bank Charges
Consultancy Fees
Advertising and Matkcting
Social Media Marktting
Storage
Tral'el
352
227
1490
1422
843
9847
47024
8994
80019
3143
1224
7328
162
342
1920
311
1109
6990
50826
8979
93564
245
12000
7575

14.
THE SCIENTIFIC AliD NIEDICAL YETWORK
NOTES TO THE FINANCIAL STATE.NIEI%TS
FOR THE YEAREIYDED 31" DECElkiBER 2024
STAFF NUMBERS AND COSTS
2024
2023
Wages and Salaries (including employas NIC)
Pension Costs
45881
49619
Av¢rdg¢ number of employee5
No employ¢e received remwieration of more than £60.IJJ).
During the year. key managcment received remuD¢fdtion of £44,577 (2023 - £48,660). Higbcst remunerdtion for
David Lorimer (w"d as a ConsulL￿t) uf £50,998 including cxpenses.
There were payments rnade lo 4 members of the Board of Trustees in the year: Paul Kieniewicz received £l39 for
travel expenses; Joan Walton received £616 for trnvel and other expenses: Vasileios Basios received £1.250 for
Galileo Commission Sie¢ring Group & consultancy seThices and £725 Conference expenses. Laur¢1 Waternw)
re¢eived £2,006 for Galileo Commi&sion Consultancy services. travel expenses of £445 and experses of £603 to
attend the Scien¢¢ of Corn8ciousness Conference
TANGIBLE FIXED ASSETS
Offi¢e
Equipment
Cost
Ai I" January, 2024
Additions
Disposalb
At 31" December 2024
1921
Depreciation
At I" January, 2024
Charge for the Ye8T
Disposals
At 31" Decetnber 2024
1694
227
1921
Net Book l.'alue
At 31" December ?024
At 31" December 2023
DEBTORS
2024
2023
D￿¢ within one ycar
Prepayments and Ac¢Tr￿ tncorne

15.
THE SCIENTIFIC AliD MEDICAL YETWORK
NOTES TO THE FLYANCIAL STATEIIEIITS
FOR THE YEAR ENDED 31° DECEMBER 2024
10. CREDITORS: Amounts falling due N'ithin one year
2024
2023
Deferred Income
Social Security and Other Taxes
Other Creditors & Accruals
53757
2236
48918
3386
1124
76484
11. STATEMENT OF FUNDS
Brought
Forn"ard
Incomlng
Resources
Resourees
Expended TrAnsferJ
Carried
Forn4rd
RESTRicfED FUNDS
Blaker Educational Fund
Galileo
Salvia Foundation Grani
Watson Grnni
smN￿ Jubilee
Theoria to Theory Fund
61
(61)
75(KK)
16876
15765
58361
16876
15765
16639
735
980
735
796
107641
91186
16639
SUMMARY OF FUNDS
Designated Funds
General Fund5
Resricted Funds
16311)
7107
796
93689
39544
16639
149872
25799
980
126779
303047
107641
410688
296409
91186
387595
12. AYALYSIS OF liET ASSETS BETWEEY FUYDS
Lnre$trl¢ted Funds
Deslgnated
Gener41
Funds
Fundi
Restrl¢ted
Funds
Total
Funds
Tangible Fixed Assets
Cu￿¢￿1 Assets
Less.. Current Liabilities
NET ASSETS
93689
130668
16639
2409Y6

16.
THE SCIENTIFIC thD MEDICAL NETWORK
NOTES TO THE FLYANCIAL STATE.MEliTS
FOR THE YEAR ENDED 31° DECElktBER 2024
13. COMPAIL4TII"E STATEMEIT OF FIYAI%CIAL ACTivrriLs
Unrestrleted
Fllnds
2023
Restrlcted
Funds
2023
TotAI
2023
INCOME AND ENDOWIIEKfs FROhl:
Donations and Legacies
Charitsblc Actikities
Other InLomc
120380
270590
6924
380
158380
270590
6924
TOTAL
397894
380
435894
EXPEI¥DrruRE ON:
ChaTitable Activities
311784
57195
368979
TOTAL EXPENDfTURE
311784
57195
-168979
Nei Income/(Expenditure)
Transfer between Funds
Net IncomknW(Oulgoing) resources
after Transfers
86110
(19195)
66915
86110
{19195)
(19195)
66915
NET MOVEhfENT TN FUhl)S
86110
66915
Tot*1 Fund$ *1 1° January. 2023
Prior Year Adjustment
Total Funds at 31° De¢ember 2023
39689
20175
59864
125799
980
126779