Cornpany registTrtioft number: 05143068 Charity registration number: 1116475 THE INTERNATIONAL SOCIETY FOR CONDENSED MAER NUCLEAR SCIENCE TRUSTEE'S REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 DECEMBER 2024 •AEDVRZUR* 2411012025 COMPANIES HOUSE A11
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Stephen Farrd Associates Ltd
The International Society For Condensed Matter Nuclear Science Contents Pa9e Trustee's Report Independent Examinerfs Report Statement of Financlèl Artivitles (Including Income and Expendltur• Account) Balance Sheet StètÈrnent of Cash Flows Notes to the Statement of Cash Flows Notes to the Financial Statements 8-10
The International Society For Condensed Matter Nuclear Science Company No. 05143068 Trustee's Report For The Year Ended 29 December 2024 The trustee presents hi5 report and the financial statements for the year ended 29 December 2024. Referenceind-Admin'istvativé Details - T.N$tee Prof J P 8iberian Ch•r.lty.Number 1116475 Company t4umber 05143068 RegÉstered Office 64 Heath Drl¥e Romford RM2 5QR Ind•pend•nt Ex•mln•Y Stephen Farrn Associates Ltd FCC4 stephen.F)rro,Associates,Ltd ACCA 98 Hornchurch Road .Homchurch Essex RMII IJS Page I
The International Society For Condensed Matter Nuclear Science Trustee's Report (continued.) For The Year Ended 29 December 2024 The trustee s report as approved by the board of trustees aftd sed on its behall by.. Pr f J P Biberian 'Irustee 0910912025 Pège 2
The International Society For Condensed Matter Nuclear ScAence 'Independent Examiner's Report to the Trustees o'f The internat'ional Society For Condensed Matter Nuclear Science For The Year Ended 29 December 2024 ocLtoJhe_charlty_twste¢n_my-eXa1nat.lon-of-t.htsicCOUnts-0f.thvC0mp'antsrthe year ened-2tseceMber 2024. Responslbllltles and 8•sis of Report As the charity trustee of the Company (and also its director for the puryjoses of company law). you are responsible for the .preparation of the accounts in accordance with the requirements of the Companies Att 2006.("the 2006 Act.). Having Satisfied myself that the accounts of the Company ère not required to be audited under Part 16 of the 2006 Act and are ell.gible for independent examination. I report in respect of my examlnatlon of.your charlty's accounts as carrled out under sectlon 145 of the Ch?r5ties Act 2011 I'the 2011 Art,). In carrying out rny examlnation I have followed the Dlrectlon5 given by the Charity Commission under sertion 145(5) (b) ofthe 2011 ACL Independent Examifter's Statement I have completed my examlnatlon. I confirm that no mètters have come to rny attentlon In connertlon wlth the examination giving me cause to belleve: l. accountlng records were not kept in respect of the Company as reoulred by section 386 of the 2006 Art,. or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the accountino requirements of sectlon 396 of the 2006 Act other than any requirement that the accounts glve a 'true and fJir view. whlch Is not a matter consldered as part ol an Independ•nt •xaminatlon,' or 4. the accounts have not been,prepared in accordance wlth the methods and,principles ol the Statement of Recommended Prartice for accounting and reporting by charities appllcable to charities preparing their accounts in accordano with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 1021. I hav• no concerns and have come across no other matters In connection wlth the examinatlon to whlch attentlon should be drawn In thls rep,ort In order to enable a proper understanding of the accounts to be reached. Stephen rrn Assoclates Ltd FCCA 0910912025 98 Hornchurch Road Homchurch Essex RMII IJS Page 3
The International Society For Condensed Matter Nuclear Science Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 29 December 2024 2024 2023. Utht&trirted-UnrestrKtéd nds funds Not•• INCOME A140 ENDOWMENTS FROM: Donations and legacies other trdding actlvitles Investrnents 7,795 56.690 64.485 EXPENDrruRE ON: Rèlsing funds (66.264) (1.005) (1,0021 NET EXPEIIDITVRE (1,779) NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD (1,779) (1,002) 9.946 10,948 io 8.167 9,946 The notes on p¥g¢$ 7 to 10 form p•rt of these financ1 statements. Page 4
The International Society For Condensed Matter Nuclear Science Balance Sheet As At 29 December 2024 2024 2023 ullrestr1ct Total funds fvnds Notes CURRENT ASSETS Cash at bank and in hand 9.715 10.426 9,715 10.426 Creditors: Anwunts Falling Within One Year (1.548) (480) NÉT CURRENT ASSETS (LIABILITIES) 8,167 9,946 TOTAL ASSETS LESS CURRENT LIABILITIES 8.167 9.946 NET ASSETS 8.167 9.946 FUNDS OF THE CHARITY Unrestrirted Funds 8,167 9,946 TOTAL FUNDS io 8.167 9,946 For the year endlng 29 December 2024 the tharitsble company wa$ entitled to exemption from Jutlit under sectlon 477 of the Companles Act 2006 relatlng to small companles. The members have not required the charitable company to obtain an audit In accordance with Section 476 of the Companies Act.2006. The trustees ècknowledge thelr responslbillties for complylng with the requlrements ol the Att wlth respect to accountlng records and the preparatlon of accounts. These èccounts h•¥e been prepared and delIVer In acL*rdanc• wlth the prov151ons appllcabl• to compan1•5 Subject to the small companles reolme. On behalf of the board Prof J P Biberlan Trustee 091091202S The notes on page5 7 to 10 form part of these financtal ststemènts. Page 5
The International Society For Condensed Matter Nuclear Science Statement of Cash Flows For The Year Ended ,29 December 2024 2024 2023 Notes Cash bryows from operatino activities Net cash used in operntions Interest pald (39) (672) (352) (1731 Net cash used in operating activities (711) (525) Cash flows from Investlng act6vities Interest received Decrease in cash and cash equlvalents Cash and cash equlvalents at beginning of year (711). 10,426 (522) Cash and cash equlvalents'at end of year 9,715 1522) Page 6
The International Society For Condensed Matter Nuclear Science Notes to the Statement of Cash Flows For The Year Ended 29 December 2024 l. Reconcil&•tlon of expenditure to cash used In operatlofts 2024 2023 Net expenditure Adjustments for.. Interest expense Interest Income Movements in worklng capltsl.. Increase in trade and other creditors { 1.779) (1,002) 672 173 (3) 1,068 480 Net cash used in oper¢ts'ons 1391 (3521 2. C•sh and $h •gulv•lents Cash and cash equlvalents, as stated In the Statem•nt of Cash Flows, rel4tes to the following Items In the 8alan¢e Sheet.. 2024 2023 Cash at bank and In hand 9.715 10.426 3. Anatysis Of.¢ge$ in net funds A••t30 Decembew 2023 C••h flow• AJ•t29 December 2024 Cash at bènk and in hand 10,426 (711> 9,715 Page 7
The International Society For Condensed Matter Nuclear Science Notes to the Financial Statements For The Year Ended 29 December 2024 l. General Information The InteatIonal-s0cIetY for Con ensed Matter Nuclear Science is a company limited by guarantee, Incorpordted in England & Wales. registered number 05143068 and registered charity number 1116475. The registered offiee is 64 Heath Drive, Romford, RM2 5QR. 2. Accounting Policies 2.1. Basis of Preration of Financlal Statements The flnancial statements have been prepared in accordance with the Cttarlties SORP IFRS 1021-Accountlng and Reporting by Charities.. Statement of Recommended Prath"ce applicable to charities preparln9 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019)" Financial Reporting Standard 102 The Flnancial Reportlng Standard applicable In the UK ènd Republlc of Ireland" and the Companies Art 2006. The charitable company is a Public Benefit Entlty as defln•d by FRS 102, 2.2. Incomlng Re50urc*s The majorlty of the income has come from sales. There was also grant income received from New Energy Foundation Inc during the year. 2.3. Cash and Cash Equivalents Cèsh and cash equlvjlents are baslc flnanclal assets and Indude cash in hand and depOts held at call wlth banks, other short-terni hlghly Ilquid investment5 that mature In no more than three mor)ths from the date of acquisltlon and are readity convertible to a known amount of rash with Insignificant risk of change in value, and bank overdrafts. 2.4. Foreign Currencieg Monetary assets and liablllties In forelgn currencles Jre trnnslated Into sterllno at the rates ol exchange rullny at th• balance sheet date. Transactions in foreign curreneies are translated into sterfing at the rate ruling on the date, of the transaction.. Exchange dlfferences are taken Into account in ardvlng at the opernting surplus. , 3. Income fmm Doft•tions and Legacies 2024 2023 Unrestricted Total fund• funds Grnnts 7.795 The followlng ornnts are Induded wlthln the totsl Income from donatlons and legades above: 2024 2023 Unrestricted funds Total funds New Energy Foundatlon Inc 7,795 4. Income from Other Tr•d•ng Activities 2024 2023 Unrestricted Total funds fvnds Income from other trdding activlties 56,690 S. Ihveslment Income Page 8
The International Society For Condensed Matter Nuclear Science Notes to the Financial Statements (continued) For The Year Ended 29 December 2024 2024 2023 "Yotal fuftds fundg Bank interest reeeivable 6. Anatysis of Expenditure 2024 Activities ndertaken directly Support Costs (see note 7) Tot*1 Raislng funds 53,905 12.359 66.264 2023 Support costs (s•¢ note 7) R•lslng funds I,oos . J 7. Support Costs 2024 Raislng lund# General admlnlstrntion Interest payèble 11,687 672 12.359 2023 Ra191ft0 fvndg General admlnlstratlon Interest payable 832 173 1.005 8. Averago Number of Employtts Average number of employees during the year wa5- NIL {2023= NIL) 9. Creditors: Amounts F•lling Due Withln On• Yur 2024 2023 Trade creditors Accruals and deferred Income 480 1,068 480 1.548 480 Page 9
The Internatlonal Society For Condensed Matter Nuclear Science Notes to the Financial Statements (continued) For The Year Ended 29 December 2024 10. Movement in Funds December 2023 December 2024 Ineome Expenditsre Unregtricted funds Gener41- Generdl unrestricted fund 9,946 64.485 (66,264) 8,167 Total funds 9.946 64.48S (66,264) .167 As•t30 December 2022 Asat29 December 2023 Incom¢ Expenditure Unrestricted fvnds General.. General unrèstrlcted fund 10,948 {1,005) 9.946 T¢)tal fufidg 10,948 (1.005) 9,946 11. Transartions with Trusteos During the.year the expenses reimbursed to the trustees or pald dlrertly to third partles were as follows:. 2024 2023 12. R•lated Party Disclosures 13. Company limited by guarantee The company is limited by guarantee and has no share eapltal. Every member of the company undertakes to contribute to the assets of the company. In the event ol a wlnding up. such an amount as rnay be required not exceedlng El. Page 10