COMPANY REGISTRATION NUMBER: 05717320
CHARITY REGISTRATION NUMBER: 1122738
Somerset Earth Science Centre
Company Limited by Guarantee
Financial Statements
31 March 2025
Charity Commission
Q 3frB 2026
Recorded Received
CHALMERS & CO
sw
Chartered Accountants
Trading as Chalmers & Co.
6 The Linen Yard
South Street
Crewkerne
Somerset
TA18 8AB
LIMITED

Somerset Earth Science Centre
Company Limitsd by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the directorfs report)
Independent examiner's report to the members
statement of financial activities {including income and
expenditure account)
Statement of financial position
Statement of cash flows
10
Notes to the financial statements
11
The following pages do not form part of the financial statements
Detailed statement of financial activities
22

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name
Somerset Earth Science Centre
Charity registration number
1122738
Company registration number 05717320
Principal office and registered Moons Hill Quarry
office
Mendip Road
Stoke St. Michael
Radstock
Somerset
BA3 5JU
The trusteesldirectors
P B Barkwill
H Siggs
A B Yeoman
B S Perry (appointed 14 August 2024)
Rev T J Gibson (appointed 14 August 2024)
Company secretary
P B Barkwill
Independent Examiner
Simon Bachrach
Chalmers & Co (SW) Limited
Chartered Accountants
Trading as Chalmers & Co.
6 The Linen Yard
South Street
Crewkerne
Somerset
TA18 8AB
Bankers
National Westminster Bank plc
25 High Street
Shepton Mallet
Somerset BA4 SAF
Solicitors
Mowbray Woodwards
3 Queen Square
Bath
Somerset
BA12HG

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {continuedJ
Year ended 31 March 2025
Structure, governance and management
The company was formed on 21 February 2006 and is govemed by its Memorandum and Articles of
Association. Registration as a charity was obtained on 13 February 2008. The aims of the charity are
to provide an educational programme for schoo15 which is National Curriculum linked with work sheets
available for topics at Key Stages 1 to 4. More advanced studies are available for colleges, community
groups and the general public. The Centre offers a unique learning experience which includes looking
at areas of former quarrying which have geological or wildlife interest and exploring different working
quarries in the Mendip area. Topics covered include all aspects of quarying from processing stone to
environmental impact, plus geography. ecology, geology, careers, technology and business studies.
The Centre employs full time teachers to provide the educational and field study experience.
Objectives and activities
The trustees have paid due regard to the guidance given by the Charity Commission on public benefit
when deciding what activities the charity should undertake. The trustees believe that the activities
undertaken in the yearand described in this report showa commitmentto providing an identifiable public
benefit and that this benefit is not restricted in any way.
Strategic report
The following sections for achievements and performance, financial review and plans for future periods
form the strategic report of the charty.
Summary of the 2024125 year
Somerset Earth Science Centre has had a remarkable year, marked by significant achievements. As an
education charity it is unique in the offer it provides to the community. an overview of the Mendip Quarry
Industry & its mineral resources. The team at SESC continued to expand their educational offer to the
community and expand its profile, by providing 4 open public days, and 11 community group visits whilst
working with 44 primary and 15 secondary schools.
8883 students. A total of 10288 visitors to the
SESC and in their engagement work offsite.
CHARITY ACTIVITY & ACHIEVEMENTS
EDUCATIONAL VISITS
The charity has had a successful year, and its core focus continued to be on delivering exceptional
educational experiences for local schools at least 3 days per week.
approx. 143 total days of engagement on or off site.
42 educational groups, approx. 456 students aged 7-18 years, visited the SESC & minibus tour
of one of the Mendip quary sites.
32 primary school visits studied the Rocks, Volcanoes & Quarry program, whilst a further 2
schools joined us to study biodiversity habitats.
10 school days were undertaken offsite with KS2 river Mells fieldwork at Vallis Vale, Frome.
4 visits to the SESC were for SEN school groups 14-18 years, either to look at career
opportunities with a quarry tour or to study rocks and science.
Highlights this year include working with 4 sixth form college groups, to support A level students doing
their practical fieldwork in Biology at Batts Combe quarry screen bank, Geology at Moons Hill & Whatley
quarries and 2 groups of Environmental Scientists were escorted around Halecombe quarry to collect
primary data. This is an area of work we plan to develop further to offer unique fieldwork experience
and align with future career opportunities in the industry.
INDUSTRY SOCIAL VALUE
The core works the charity undertakes provides measurable social value for many of the local
extractive industry stakeholders. The SESC would like to quantify its work it does for the support and
delivery of social value to the Mendip Mineral industy and local stakeholders. Within the next year it

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Director's Report) (continued)
Year ended 31 March 2025
would like to capture this infomiation to ensure the future aims of the charity assist with fulfilling this
requirement for its stakeholders.
INDUSTRY CAREERS & SCHOOL ENGAGEMENT
The charity works very closely with school and local career leads informing and educating the many
local schools on the opportunities for apprenticeships and roles in the mineral extractive industry and
supply chain.
Gill Odolphie represented SESC at 'Careers for Next Generation Minerals" sponsored by the Critical
Minerals Association, held at the Natural History Museum, attended by over 200 students, parents and
teachers from all over UK. Students were inspired by the opportunities offered in the field of critical
minerals in a modern and green economy. Mining companies, consultancies, trade associations and
UK Universities provided presentations and stands. Gill Odolphie partnered with Andrew Fulton,
President of the Mining Association, to present on the career opportunities for geoscience graduates in
the extractive industries. Many students were surprised by the breadth of possibilities open to them in
the mineral industy and different pathways into careers.
COMMUNITY & VOLUNTEER ENGAGEMENT
SESC Special Events and activities:
Community Open Days at SESC - X 4 held in April, June, October and February half terms, attended
by approx. 130+ people with new visitors from the local community as well as repeat visits- proving we
provide social value. Events help to raise the charity profile promote their services and offerings to the
community, alongside much needed fundraising, through sales of refreshments, books and
fossillmineral specimens. Funds achieved for open4ay activities - £2544.05.
462 Volunteer days - support for open day events or teaching assistance. Regular Thursday
sessions to work on museum collection of minerals, fossils and rocks for display and to prepare
for sale of excess for fundraising.
The SESC staff and volunteers also supported the Heidelberg's community open event in
September at Tytherington Quarry attended by 80 people, providing family activities and
geology information.
SESC attended the Open University Geological Society Conference at Bath Spa University -
info stand and provided a unique field visit to a local geological site for 26 attendees.
SESC staff attended the Geological Association Conference in Bristol University with a stand
and led a field visit to Vallis Vale geo site for attendees.
Mendip Rocks Festival - 13 special events were held through October over the Mendip Hills,
attended by 341 people. SESC coordinated the festival, booking specialist speakers and field
guides and led the quarry tours to Batts Combe & Stoke quarries. Revenue: ££3,542.
Community Education: 9 adult groups visited, 112 people to undertake a tour of the Mendip
quarry sites and a talk at the SESC on the Mendip quarry industry and geology. 4 family group
days, attended by 100+ young geologists from Rockwatch club to learn about fossils and a
field trip to fossil site or quarry visit.
ENGAGEMENT SUMMARY 202412025
Schools & Career Education Engagement visits offsite 8883 students
59 schools (Primary & Secondary) visits to SESC
Community & Adult groups visits & open days 1464 visitors
Total visitor engagement on & offsite 10347 visitors
Volunteer Hours 2312 hours (462 S hr days)

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Gools
Partnerships
FUNDRAISING
We believe in providing
value to the community. Our
staff are committed to
support the delivery of social
responsibility and are
supported by a bank of
dedicated volunteers who
have volunteered 2312
hours.
SESC has worked with local
secondary schools to deliver
a career education and
deliver new A level teaching
programs in local quarries.
The SESC continues to
partner with the Mendip Hills
National Landscape to
deliver Mendip Rocks
festival.
As we move into next
year, the charity aims
to further develop
opportunities for
sponsorship from the
local stakeholders
and explore grants for
the educational offer
to the community.
Financial Review
The Centre continues to be funded by the Mendip Quary prOdu￿rS and as such, has sufficient
resources to cover its costs and manage its, risks.
Although there are net negative unrestricted funds of £56,271. there is £123,875 included in the minibus
replacement fund, which has been funded by the Mendip Quarry Producers. A minibus has been
identified which is likely to cost significantly less than the funds held and approval is expected to be
received from the Mendip Quarry PrOdU￿rS to release the remaining funds back into unrestricted funds
to ensure sufficient funds going forward.
Investment Policy
It is the trustees, policy to invest surplus cash funds in a high interest account but allowing access to
those funds as necessary to meet expenditure as it arises.
Movement in fixed assets
Acquisitions and disposals of fixed assets during the course of the year are disclosed in note 12.
Results
The accounts of the company for the year ended 31 March 2025 were approved by the board of trustees
on 13 January 2026.
Trustees
The following organisations, all of which are member companies of the Mendip Quarry Producers, can
appoint a representative to the board of trustees= John Wainwright & Co. Limited, Aggregate Industries
Limited, Hanson Aggregates Limited, Tarmac Limited and Morris & Perry (Gumey Slade Quarries)
Limited.
When considering the recruitment of trustees, the appointing organisations have regard to the skill sets
required by the trustees to run the charity. They therefore look to cover any perceived shortfalls when
making their appointments. Training of new trustees is undertaken by existing experienced trustees.

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 31 March 2025
The maximum number and minimum number respectively of the trustees may be determined from time
to time by ordinary resolution in general meeting of the charity. Subject to and in default of any such
determination there shall be no maximum of trustees and the minimum number of trustees shall be
three.
The trustees of the charity, all of whom are directors of the company, at the year end are P B Barkwill,
H Siggs, A B Yeoman OBE DL, B Perry and Rev. T J Gibson. There have been no other trustees in the
period.
Trustees. interests
No trustee has or had during the year or at the end of the year any beneficial interest in any material
contract with the company, which was or is significant in relation to the company's business.
Shares
The company has no issued share capital and is limited by guarantee of its members, each member
guarantees £1 on the winding up of the company. Each of the organisations able to appoint trustees is
a member of the company.
Health and Safety
In accordance with the provisions of the Health and Safety at Work Act 1974 the company has issued
a written statement of its general policy with regard to health and safety at work of its employees and
the organisational arrangements for carrying out that policy. The statement has been brought to the
attention of the company's staff.
Risk
The trustees have continued to assess the major risks to which the company is exposed and systems
are established to mitigate these risks.
Preparation of the accounts
This report and the accounts have been prepared in accordance with the charity's governing document,
Charity SORP FRS 102 and the special provisions for small companies under Part 15 ofthe Companies
Act 2006.
Trustees. responsibilities statement
The trustees, who are also directors for the purposes of company law. are responsible for preparing the
trustees, report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice)-
Company law requires the charity trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources, including the income and expenditure, for that period.
In preparing these financial statements. the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charities SORP.
make judgments and accounting 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-
prepare the financial statements on the going concern basis unless it is inappropriate to presume

Somerset Earth Science Centre
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2025
that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and 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. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees, annual report and the strategic report were approved on 13 January 2026 and signed on
behalf
ard of trustees by..
Barkwill
Trustee
B Perry
Trustee

Somerset Earth Science Centre
Company Limited by Guarantee
Independent Examinerfs Report to the Members of Somerset Earth Science
Centre)
Year ended 31 March 2025
Responsibilities and basis of report
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
As the charity's trustees of the Company (who are also the directors of the company 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 for this year
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 1"the
2011 Act.). In carrying out my examination, I have followed the Directions given by the Charity
Commission (under section 145(5)(b) of the 2011 Act.
Independent Examiners Statement
I have completed ry examination. I confimi that no material matters have come to my attention which
gives me cause to believe that..
accounting records were not kept in accordance with section 386 of the Companies Act 2006,.
or
the accounts do not accord with such records. or
the accounts do not comply with relevant accounting requirements under section 396 of the
Companies Act 2006 other than any requirement that the accounts give a 'true and fairf view
which is not a matter considered as part of an independent examination: or
the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connects'on 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.
S M Bachrach
For and on behalf of
Chalmers & Co (SW) Limited
Chartered accountants
Trading as Chalmers & Co.
6 The Linen Yard
South Street
Crewkerne
Somerset
TA18 8AB
13 January 2026

Somerset Earth Science Centre
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Designated
Building
funds Total funds Total funds
2024
Unrestricted
funds
Restricted
funds
Note
Income and endowments
Donations
Grants
other income
8,453
103,103
111,556
74,362
4,450
3,614
4,892
5,450
10,342
Totsl income
13,345
108,553
121,898
82,426
Expenditure
Expenditure on
charitable activities
Governance of charity
Total expenditure
48,335
5.695
93,148
9,585
151,068
5,695
138,139
4,865
143.004
54,030
93,148
9.585
156.763
Net incomel(expenditure)
and net movement in funds
(40.685)
15,405
(9,585)
134,865)
{60,578)
Transfer be￿een funds 18
Reconciliation of funds
Total funds brought forward
Total funds carried forward
(17.894)
{58,579)
118,020
333.513
433,639
494,217
133,425
323,928
398,774
433,639
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on pages 11 to 20 forni part of these financial statements.

Somerset Earth Science Centre
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
12
404,598
416,884
Current assets
Debtors
Cash at bank and in hand
13
32,819
234
29,649
23,433
33,053
53,028
Creditors: amounts falling due within one year
Net current (liabilities)lassets
Total assets less current liabilities
14
38,877
36,327
16,755
(5,824)
398,774
433,639
Net assets
398,774
433,639
Funds of the charity
U nrestricted funds
Restricted funds
Designated Building funds
Total charity funds
(58,579)
133,425
323,928
(17,894)
118,020
333,512
15
398,774
433,639
These accounts have been prepared in accordance with the provision applicable to companies, subject
to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 13
January 20
are signed on behalf of the board by:
P B Barkwill
Trustee
B Perry
Trustee
The notes on pages 11 to 20 fonn part of these financial staternents.

Somerset Earth Science Centre
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operating activities
Net incomel(expenditure)
(34,865)
(60,578)
Adjustments for
Depreciation of tangible fixed assets
nterest payable and similar charges
12,286
15,000
65
Changes in."
Trade and other debtors
Trade and other creditors
(3,170)
(4.555)
{7,524)
6,419
Cash generated from operations
(30,304)
(46,618)
Interest paid
Net cash from operating activities
(65)
{46,683)
(30,304)
Cash flows from investing activities
Purchase of tangible assets
Net cash used in investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
(30,304
23,433
(46,683)
70,116
(6,871)
23,433
The notes on pages 11 to 20 forni part of these financial statements.
10

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General infomiation
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Moons Hill Quarry, Mendip Road, Stoke St. Michael. Radstock, Somerset, BA3 5JU.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their account5 in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), (Charities
SORP IFRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the fijnctional currency of the entity.
Going concem
There are no material uncertainties about the charity's ability to continue. As highlighted in the
Trustee report there are net negative unrestricted funds, however as it is likely funds will be
released from the restricted minibus fund to the unrestricted funds next year, this is not considered
a concern.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds eamiarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the temis of an appeal and fall into one of two sub-classes.. restricted income funds or endowment
funds.
11

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2025
Accounting policies (condnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income=
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services 15 recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of financial
activities to which it relates..
expenditure on charitable activtties includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities. and the sale of donated goods.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that acts'vity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justs'fiable and consistent basis.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The
aggregate benefit of lease incentives is recognised as a reduction to expense over the lease tem,
on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated depreciation and
12

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting policies (continue
subsequent accumulated impaimient losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
DeP￿CIatIOn is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows..
Freehold propety
Plant & Equipment
Motor Vehicles
50 years straight line
33 1130/0 Straight line
10% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impainnents are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment tesb'ng, when it is not possible to estimate the recoverable amount
of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit
to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impaiment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
Financial instruments are classtfied and accounted for, according to the substance of the
contractual agreement, as either financial assets, financial liabilities or equity instruments. An
equity instrument is any contract that evidences a residual interest in the assets of the company
after deducting all of its liabilities.
Taxation
The company is a registered charity. As such the company has obtained confirmation from HM
Revenue and Customers that corporation tax is not payable on the surpluses generated.
Value added tax
The charitable company is not registered for VAT. Irrecoverable VAT is charged against the
category of resources expanded for which it was incurred.
13

Somerset Earth Science Centre
Company Limitsd by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounting Policies (continuedl
Government Grants
Under the accrual model, govemment grants relating to revenue are recognised on a systematic
basis over the periods in which the company recognises the related costs for which the grant is
intended to compensate. Grants that are receivable as compensation for expenses or losses
already incurred orfor purposes ofgiving immediate financial supportto entity with no future related
costs are recognised in income in the period in which it because receivable.
Donations and grants
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donations
Grants
8.453
103,103
111,556
8,453
103,103
111,556
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Grants
7,988
2.200
10,198
66,374
2,250
68,624
74,362
4,450
78,812
other income
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Use of Centre & function income
Quarry Faces book sales
Insurance claim receipt
2,635
2,257
2,635
2,257
5,450
10,342
5,450
5,450
4.892
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Use of Centre & function income
3,614
3,614
3,614
3,614
14

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements fcontinued)
Year ended 31 March 2025
Expenditure on charitable activities
Unrestricted
Funds
Restricted Designated Total Funds
Funds building fund
2025
staff costs
Training and teaching costs
Health and safety
Catering costs
Miscellaneous
Light and heat
Repairs and renewals
Insurance
Cleaning
Motor expenses
Travel and subsistence
Stationery, books, printing & postage
Telephone
11,929
543
22
1,678
942
3,119
11,879
8,200
394
1,009
87,081
99,010
543
22
1,678
942
3,119
17,329
8,200
394
1,009
5.450
1,088
115
3,163
1,549
2,701
1,088
115
3,163
1,549
12,286
617
Security
Depreciation
Mendip rocks
9,585
617
48,335
93,148
9,585
151,068
Unrestricted
Funds
Restricted Designated Total Funds
Funds building fund
2024
Staff costs
Health and safety
Miscellaneous
Light and heat
Repairs and renewals
Insurance
Cleaning
Motor expenses
Travel and subsistence
Stationery, books, printing & postage
Telephone
29,194
795
2,681
3,322
3,027
7,698
584
1.102
206
1,243
562
1,177
1,315
5,415
69,375
98,569
795
2,974
3,322
3,027
7,698
584
1,102
206
1,243
562
1,177
1,315
15,000
565
293
Security
Depreciation
Mendip rocks
9,585
565
58,321
70.233
9.585
138,139
15

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2025
Govemance costs
Unrestricted
Funds
Restricted Designated Total Funds
Funds building fund
2025
Independent Examinerfs fees
Professional fees
Bank charges
4,180
1,443
72
4,180
1,443
72
5,695
5,695
Unrestricted
Funds
Restricted Designated Total Funds
Funds building fund
2024
Independent Examinerfs fees
Professional fees
Bank charges
3,698
1,102
65
3,698
1,102
65
4,865
4,865
Net incomel{expenditure)
Net incomel(expenditure) is stated after chargingl(crediting):
2025
2024
Depreciation of tangible fixed assets
12,286
15,000
Independent Examiner's remuneration
2025
2024
Fees payable for the Independent Examination of the financial
statements
4,180
3,698
10. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
Social security costs
Employer pension contributions
Death in Service Insurance
88,566
6.782
2.533
1.129
89,228
6,809
2,532
99,010
98,569
The average number of persons employed during the year was 5 (2024: 5)
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
16

Somerset Earth Science Centre
Company Limitsd by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a ￿lated entity were
received by the trustees.
No trustee expenses have been incurred.
12. Tangible fixed assets
Freehold
property
Plant and
machinery
Total
Cost
At 1 April 2024
Additions
597,870
93,852
691,722
At 31 March 2025
597,870
93,852
691,722
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
181.315
11,957
93,523
329
274,838
12,286
193,272
93,852
287,124
Carrying amount
At 31 March 2025
404.598
404,598
416,884
At 31 March 2024
416.555
329
13. Debtors
2025
2024
Prepayments and accrued income
32,819
29,649
14. Creditors: amounts falling due within one year
2025
2024
Bank Overdraft
Accruals and deferred income
other creditors
7,105
4,450
27,622
38,877
2,798
33,529
36,327
17

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Ststements fcontinued)
Year ended 31 March 2025
15. Analysis of charitable funds
At
1 April 2024
At31
Transfers March 2025
Income Expenditure
Unrestricted funds
General funds
(17.894)
13,345
(54.030)
(58,579)
Restricted funds
Restricted funds
118.020
108.553
(93.148)
133,425
Designated building fund
Designated building fund
333,513
(9,585)
323,928
Total funds
433,639
121.898
1156,763)
398,774
At
1 April 2023
At31
Transfers March 2024
Income Expenditure
Unrestricted funds
General funds
17.125
13,801
{63,187)
14,367
(17,894)
Restricted funds
Restricted funds
133.995
68.625
(70.233)
(14,367)
118,020
Designated building fund
Designated building fund
343,097
(9,584)
333,513
Totsl funds
494,217
82,426
(143,004)
433,639
18

Somerset Earth Science Centre
Company Limitsd by Guarantee
Notes to the Financial Statements (Continued)
Year ended 31 March 2025
16. Analysis of net assets between funds
Designated
Building Total Funds
Funds
2025
Unrestricted
Funds
Restricted
Funds
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
80,670
(100,372)
(38,877)
{58.579}
323,928
404,598
33,053
138,877)
398,774
133,425
133,425
323,928
Designated
Building Total Funds
Funds
2024
Unrestricted
Funds
Restricted
Funds
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
83,371
(64,938)
(36,327)
(17,894)
333,513
416,884
53,082
(36,327)
433,639
118.020
118,020
333,513
Unrestricted funds
These funds represent the funds of the charity that are not subject to any restriction regarding their
use. They are available for application on the general purposes of the charity.
Designated building fund
The designated building fund represents an unrestricted fund set aside on the completion of the
buildirsg of the charity's Centre. This is specifically represented by the depreciated value of the
original Centre. Its original cost was £479,240 and it is being depreciated at 2 % straight line.
Restricted funds
These funds arise from donations and grants given for specific purposes. Such funds can only be
applied for those purposes but On￿ the purpose has been achieved the funds are re-designated
as unrestricted. The balance on restricted funds at the year end are as follows..
2025
2024
Mendip Rocks project
Minibus replacement
Media Equipment
Graduate Placement scheme
School Transport & Outreach resources
Museum Display
Movements on Mendips
Fossils & Activities
4,217
123,663
1,405
580
1,000
2,000
450
110
535
112,500
1,405
580
1,000
2,000
133,425
118,020
19

Somerset Earth Science Centre
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
17. Related parties
The member companies of Mendip Quarry Producers are entitled to appoint trustees to the charity
as detailed in the Trustees, Report. Mendip Quarry Producers is therefore connected with the
charity. Transactions undertaken in the year include donations to the charity of £98,244 (2024..
£88,500).
18. Transfer of funds
During the year, expenditure on the Mendip Rocks project amounted to £617. The balance on this fund
at the beginning of the year was only £535 and it was therefore necessary to transfer £82 from the
Unrestricted fund to cover the difference.
20

Somerset Earth Science Centre
Company Limited by Guarantee
Management Information
Year ended 31 March 2025
The following pages do not fomi part of the financial statements.
21

Somerset Earth Science Centre
Company Limited by Guarantee
Detailed Ststement of Financial Activities
Year ended 31 March 2025
2025
2024
Income and endowments
Donations and legacies
Donations
Grants
111,556
74,363
4,450
111,556
78,813
other trading activities
Function income
Quarry Faces book sales
Insurance claim receipt
2,635
2.257
5,450
3,614
10,342
3,614
Total income
121,898
82,427
Expenditure
Expenditure on charitable activities
Wages and salaries
Training and teaching costs
Health and safety
Catering costs
Miscellaneous
Light and heat
Repairs and maintenance
Insurance
Cleaning
Motor vehicle expenses
other motorltravel costs
stationery. books, printing & postage
Telephone
99.010
543
22
1,678
942
3,119
17.329
8,200
394
1,009
98,569
795
2,974
3,322
3,027
7,698
584
1,102
206
1,243
562
1,177
1,315
15,000
565
3,698
1,102
65
1,088
115
3,163
1,549
12,286
617
4,180
1,443
72
Security
Depreciation
Mendip Rocks
Independent Examinevs fees
Professional fees
Bank charges
Total expenditure
156,763
143,004
Net (expenditure)
(34,865)
(60,577)
22