Company registration number.. 06087344
Charity registration number: 1122701
Mass Extinction Monitoring Observatory
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 January 2024

Mass Extinction Monitoring Observatory
Contents
Reference and Administrative Details
Trustees. Report
2to3
Statement of Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
7t08
Notes to the Financial Statements
9t016

Mass Extinction Monitoring Observatory
Reference and Administrative Details
Trustees and officers
The trustees and offi￿rS serving during the year and Sin￿ the year end were as follows..
Trustees..
Sir Ghillean Pran￿ FRS VMH (Chairman to 8 December 2023)
Dame Mary Marsh {Chair from 8 December 2023)
Dame Julia Cleverdon DBE
Peter Cruttwell (Deceased 6 March 2023)
Sue Lyons
Andy Matthews
Mr Matthew Moore
Michael Murphy
Sir Tim Smit KBE
Ms Raina Summerson
Charity Registration Number=
1122701
Company Registration Number:
Registered offi￿..
06087344
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW
Independent Examiner:
PKF Francis Clark
Chartered Accountants
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW

Mass Extinction Monitoring Observatory
Trustees, Report
The Trustees, who are directors for the purposes of company law. present the annual report together
with the financial statements of the charitable company for the year ended 31 January 2024.
Legal status & Objects
The Charity is a company limited by guarantee. The goveming document is the Charity's
Memorandum and Articles of Association dated 6 February 2007, as amended 7 February 2008. The
Charity's objectives are to advance the education of the public. including the promotion of study and
research for the public benefit into the extinction of animals, flora and fauna and to promote the
preservation and protection of the environment and of endangered species by the construction and
operation of a new public education centre. with a specific focus upon biodiversity.
Vision
A future in which the sixth mass extinction the first human-induced extinction - has been stopped
and large-scale regeneration of biodiversity is delivered as a fundamental responsibility of society.
Mission
Fostering public understanding of the global crisis of species extinction and biodiversity loss
Sixth Extinction.
Catalysing a sense of agency, choice, and action - inspiring positive change for humanity.
Contributing to the social, environmental and economic regeneration of Portland.
'the
Review of Main Activities and Achievements
The Trustees continue to support the project to achieve scaleable solutions.
During the calendar year 2023 at the request of Dorset Council the main focus has been around
improving our business case working with Savills Economics and representatives from Eden. Initially
this was driven by the possibilities of being included in a Levelling Up Round 2 funding but this
subsequently broadened out into a wider approach with the intention of securing additional interest
from Higher Education establishments.
Funding was secured from a number of charitable. business and individuals to support this and
general project development.
Financial review and going concern
The financial results for the period and the position at the period end are shown in the attached
financial statements.
The Charity's unrestricted funds were in surplus by £68,156 (2023.. £31,033 in defecit) at the balance
sheet date. We are being supporled by private donors and furlher future grant funding is being
negotiated. In the longer temi, the Trustees are confident that our fund-raising focus to achieve local
and national recognition which will Ihen activate both philanthropic and ongoing business revenue will
be successful. On this basis the Truslees are satisfied that the Charity will be able to meet its liabilities
and so continue to adopt the going-concem basis of preparation in these Accounts.

Mass Extinction Monitoring Observatory
Trustees, Report
Reserves policy
The Trustees have not yet developed a reserves policy and cannot reasonably do so until the Project
envisaged in the Memorandum of Understanding between MEMO and the Eden Project International
Limited has been achieved.
Methods for the appointment of Trustees
The Board of Trustees includes a balance of commercial, scientific and educational expertise, along
with a representative of MEMO'S partner organisation, The Eden Project. As the charit￿s operations
develop and expand, the Trustees continue to monitor the skills required on the Board and will
consider recruiting additional expertise as the need arises. In the longer run. close regard will be paid
to the composition of both this Board and that of Eden Portland.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies
Act 2006.
The annual report was approved by the Trustees of the Charity on 26 November 2024 and signed on
its behalf by:
Andy Matthews
Trustee

Mass Extinction Monitoring Observatory
Statement of Responsibilities
The Trustees (who are also the directors of Mass Extinction Monitoring Observatory for the purposes
of company law) are responsible for preparing the Trustees. Report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) and applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under
company law the Trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of its incoming
resources and application of resources, including its income and expenditure. for that period. In
preparing these financial statements, the Trustees are required to-
select suitable accounting policies and apply them consistenlly;
observe the methods and principles in the Charities. SORP"
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements. and
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume
that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable companvs transactions and disclose with reasonable accuracy at any time the
financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The trustees are responsible for the Maintenan￿ and integrity of the corporale and financial
information included on the charitable companys website. Legislation goveming the preparation and
dissemination of financial statements may differ from legislation in olherjurisdictions.
Approved by the Trustees of the Charity on 26 November 2024 and signed on its behalf by:
Andy Matthews
Trustee
Page 4

Mass Extinction Monitoring Observatory
Independent Examiner's Report to the trustees of Mass Extinction Monitoring
Observatory ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 January 2024.
Responsibilities and basis of report
As the charity's trustees (and also its directors for the purposes of company law) you are responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act.).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examination of
your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions gtven by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confimi that no matters have come to my attention in connection
with the examination giving me cause to believe=
1. accounting records were not kept in respect of Mass Extinction Monitoring Observatory as required
by section 386 of the 2006 Act., or
2. the accounts do not accord with those records" or
3. th8 accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view. which is not a matter considered
as part of an independent examinakn'on: or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities lapplicable to
charib'es preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 102)].
At the year-end there is a degree of uncertainty regarding the financial outcome of future years. As
stated in the Trustee Report and going concem accounting policy, financial support is provided from
private donors and future grant funding is being negotiated. We understand trom the Trustees that they
have every reason to believe that this support will continue.
At the year end intangible fixed assets of £60.000 were held in respect of intellectual property rights,
purchased in 2019120, at that time the trustees were satisfied that the Eden Portland Project would be
a commercial success. The balance sheet value is uncertain as further funding for the Eden Portland
Project has not been confirmed and the asset does not meet the criteria for recognition as intellectual
property rights under FRS102. The next tranche of funding rf awarded will be notified during 2024125.
once notified the trustees will be reviewing the value and making a provision against the asset if
appropiate.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Adrian Way FCA (a director of PKF Francis Clark)
Chartered Accountants
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW
28 November 2024
Page 5

Mass Extinction Monitoring Observatory
Statement of Financial Activities
Year Ended 31 January 2024
(Including Income and Expenditure Account)
Total
2024
Unrestricted
Note
Income and Endowments from:
Donations and legacies
124,620
124,620
Total Income
124,620
124,620
Expenditure on:
Charitable activities
(25,431)
(25,431)
Total Expenditure
(25,431)
(25,431)
Net income
99,189
99,189
Net movement in funds
99,189
99,189
Reconciliation of funds
Total funds brought forward
(31,033)
68,156
(31 ,033)
68,156
Total funds carried forward
17
Unrestricted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
60.029
60,029
Total income
60.029
60,029
Expenditure on:
Charitable activities
{43,030)
(43,030)
Total expenditure
(43,030)
(43,030)
Net income
16.999
16,999
Net movement in funds
16.999
16,999
Reconciliation of funds
Total funds brought forward
{48,032)
{31,033)
(48,032)
(31,033)
Total funds carried forward
17
All of the Charity's activities derive from continuing operations during the above periods.
The funds breakdown for 2023 is shown in nole 17.
The notes on pages 9 to 16 fomi an integral part of these financial statements.
Page 6

Mass Extinction Monitoring Observatory
(Registration number: 06087344)
Balance Sheet as at 31 January 2024
2024
2023
Note
Fixed assets
Intangible assets
Tangible assets
Heritage assets
60.001
404
59,493
60,001
606
59,493
10
119,898
120,100
Current assets
Debtors
Cash at bank and in hand
12
29,395
32.117
10,068
10,659
61.512
20,727
Creditors: Amounts falling due within one year
13
106,597)
106,320)
Net current liabilities
45,085)
85,593)
Total assets less current liabilities
74.813
34,507
Creditors: Amounts falling due after more than one year 14
(6,656)
(65,539)
Provisions
15
Net assetsl(liabilities)
68.156
31,033
Funds of the Charity:
Unrestricted income funds
Unrestricted
68.156
31,033)
(31 ,033)
Total funds
17
68,156
The notes on pages 9 to 16 fomi an integral part of these financial statements.
Page 7

Mass Extinction Monitoring Observatory
(Registration number: 06087344)
Balance Sheet as at 31 January 2024
For the financial year ending 31 January 2024 the Charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors. responsibilities..
The members have not required the Charity to obtsin an audit of its accounts for the year in
question in accordance with section 476., and
The directors acknowledge their responsibilities for complying wilh the requirements of the Act wilh
respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
The financial statements on pages 6 to 16 were approved by the trustees, and aulhorised for issue on
26 November 2024 and signed on their behalf by:
Andy Matthews
Trustee
The notes on pages 9 to 16 fomi an integral part of these financial statements.
Page 8

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
1 Charity status
The charity is limited by guarantee, incorporated in and consequently does not have share capital.
Each of the trustees is liable to contribule an amount not exceeding £10 lowards the assets of the
charity in the event of liquidation.
The address of its registered office is=
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financial statements have been prepared on the going concem basis and in accordance with
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 2015) - (Charities SORP {FRS 102)), the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} and the
Companies Act 2006.
Basis of preparation
Mass Extinction Monitoring Observatory meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless othe￿iSe
stated in the relevant accounting policy notes.
Going concern
These financial statements have been prepared on a going COn￿M basis which is dependant upon
the continued support of the Directors. plus the Directors, reasonable expectation of future funding
from third parties.
Exemption from preparing a cash flow statement
As the charity is small it has taken advantage of the exemption from preparation of a cash flow
statement and has therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the Charity has entitlement to the income. it is probable that the income
will be received and the amount of the income re￿1vable can be measured reliably.
Page 9

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
Donations and legacies
Donations are recognised when the Charity has been notified in writing of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance by the Charity before the Charity is entitled to the funds. the income is deferred and not
recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly
within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting
period.
Grants receivable
Grants are recognised when the Charity has an entitlement to the funds and any conditions linked to
the grants have been met. Where unconditional entitlement has been met but funds have not yet been
received, the balance is recognised as accrued income. Where performance conditions are attached
to the grant and are yet to be met, the income is recognised as a liability and included on the balance
sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resour￿$, with central staff costs allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use. Other support costs are allocated based on the
spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature ne￿SSary to support them.
Governance costs
These include the costs attributable to the Charitys Complian￿ with constitutional and statutory
requirements. including audit, strategic management and Trustees, meetings and reimbursed
expenses.
Taxation
The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly. the Charity is potentially exempt from taxation in respect of income or capital gains
re￿iVed within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to charitable purposes.
Intangible assets
Intangible assets are stated in the Balance Sheet al cost less accumulated amortisation and
impairment. They are amortised on a straight line basis over their estimated useful lives.
Page 10

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
Tangible fixed assets
Individual fixed assets costing £100.00 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impaimient losses.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class
Fixtures and Fittings
Depreciation method and rate
330/0 Reducing balance
Heritage assets
Heritage assets are held at cost. The assets are deemed to have an indefinite life and are therefore
not depreciated. Impairment is considered when there are signs of physical deterioration. The assets
are maintained and are intended to be preserved to the standard at which they were acquired.
Heritage assets held are a pemianent collection of carvings and bells, which will form part of the
Charity's display collection.
These assets are significant to the Charity because the Charitys objects are to advance the education
of the public, including the promotion of study and research for the public benefit into the extinction of
animals, flora and fauna and to promote the preservation and protection of the environment and of
endangered species by the provision and rna1ntenan￿ of the Mass Extinction Monitoring
Observatory. The assets are used by the Charity for these purposes.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits. and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary
course of business from suppliers. Accounts payable are classified as current liabilities if the charity
does not have an unconditional right, at the end of the reporting period, to defer settlement of the
creditor for at least ￿e1ve months after the reporting date. If there is an unconditional right to defer
settlement for at least ￿e1ve months after the reporting date. they are presented as non-current
liabilities.
Trade creditors are recognised initially at the transaction pri￿ and subsequently measured at
amortised cost using the effective interest method.
Concessionary loans
Concessionary loans are recognised at the amount re￿ived, adjusted to reflect interest payable
where applicable. and are not discounted.
Page11

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees, discretion in
furtheran￿ of the Objects of the Charity.
3 Income from donations and legacies
Unrestricted
Total
2024
Total
2023
General
Donations and legacies.
Donations from individuals
Grants, including capital grants-,
Local authority and university grants
68,146
68.146
22,000
56,474
56.474
38,029
124,620
124,620
60,029
4 Expenditure on charitable activities
Total
2024
Total
2023
Carriage
Governance costs (see separate note)
Consultancy fees
Insuran
Bank charges
Depreciation of office equipment
Sundry
Events
Travel expenses
360
1,092
36,740
2,018
114
298
136
2,272
2.288
20.066
2,140
98
202
428
209
25.431
43,030
Page 12

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
5 Analysis of governance and support costs
Governance costs
Total
Total
2024
2023
Independent examiners fee
Independent examiners fee overstated in prior year
Accountancy fees
1,855
1.750
(900)
242
433
2,288
1,092
6 Net incomingloutgoing resources
Net incoming resources for the year indude:
2024
2023
Depreciation of fixed assets
Examiner's fee
Examiner's fee understated in prior year
202
1.855
298
1,750
(900)
7 Trustees. remuneration and expenses
No trustees, nor any persons connected with them. have received any remuneration from the charity
during the year.
No other Trustees have received any reimbursed expenses or any other benefits from the Charity
during the year.
8 Taxation
The Company is a registered charity and its activities are exempt from taxation.
Page 13

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
9 Intangible fixed assets
Intellectual
property
rights
Total
Cost
At 1 February 2023
60,001
60,001
At 31 January 2024
60,001
60,001
Amortisation
At 31 January 2024
Net book value
At 31 January 2024
60,001
60,001
At 31 January 2023
60,001
60,001
10 Tangible fixed assets
Furniture and
equipment
Total
Cost
At 1 February 2023
5,178
5,178
At 31 January 2024
5,178
5,178
Depreciation
At 1 February 2023
Charge for the year
4,572
202
4,572
202
At 31 January 2024
4,774
4,774
Net book value
At 31 January 2024
404
404
At 31 January 2023
606
606
Page 14

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
11 Heritage assets
Carvings and
bells
Total
Cost
At 1 February 2023
59,493
59,493
At 31 January 2024
59,493
59,493
Depreciation
At 31 January 2024
Net book value
At 31 January 2024
59,493
59,493
12 Debtors
2024
2023
Trade debtors
Prepayments
VAT recoverable
15.000
1.912
12,483
6,794
1,758
1,516
29.395
10,068
13 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals
101,742
4.855
104,570
1,750
106,597
106,320
14 Creditors: amounts falling due after one year
2024
2023
Other creditors
6.656
65,539
Page 15

Mass Extinction Monitoring Observatory
Notes to the Financial Statements for the Year Ended 31 January 2024
15 Provisions
Intellectual
property
provision
Total
At 1 February 2023
At 31 January 2024
16 Related party transactions
Sue Lyons
(Sue Lyons is a trustee)
During the year, Sue Lyons donated (by way of loan conversion) £58,883 (2023: £5,000} to the
charity. The amount due to Sue Lyons related to an interest free loan which is included in other
creditors. At the balance sheet date, the amount due to Sue Lyons was £nil (2023 - £58,883).
17 Funds
Balance at 1
February
2023
Incoming
resources
Resources
Balance at 31
expended January 2024
Unrestricted funds
General
Unrestricted general fund
31.033
124.320
25,431
67,856
Balance at 1
February
2022
Incoming
resources
Resources
Balance at 31
expended January 2023
Unrestricted funds
General
Unrestricted general fund
(48,032)
60,029
(43,030)
(31,033)
Page 16