REGISTERED COMPANY NUMBER: 06634408 (England and Wales)
REGISTERED CHARITY NUMBER: 1133507
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
WEB SCIENCE TRUST
{A COMPANY LIMITED B Y GUARANTEE)
Rothmans LLP
Chartered Accountant$
Chilworth Point
I Chilworth Road
Southampton
S016 7JQ

WEB SCIENCE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
Independent Examiner's Report
ststement of Financlal Activities
Balance Sheet
Note5 to the Financial Statements
7 10 10
Detalled Statement of Flnancial Activities

WEB SCIENCE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 OECEMBER 2024
The trustees who are also directors of the charity for the PUTposes of the Companies Act 2006, present their report with
the financial stalements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions
of Accounting and Reporting by Charities.. Statement of Recommended practi￿ applicable to charities preparing their
accounts in accordance with the Finanual Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
(effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charrty was established lo advance education of the public in the subject of web Scien￿ and in particular.. a) to
promote the development of the discipline of web science by leading the development of a research agenda and
roadmap in the emerging web science commijnity worldwide., bl to promote and support the development of web
Saen￿ curricula al all relevant educational levels around the world,. cl to provide organisational and financial support for
activities such as conference$, workshops and symposig around the world on topics in web science,. dl to support the
cre81ion of academic publication venues needed to enable scholarly communication in the 9lobal web science
community., el lo engage govemment and private sector sources of science funding inlernalionally to collaborate in
providing financial support for web science research in education in premier research and teaching institutions,. and fj lo
promote the development of a global network of premier web Scien￿ research laboratories under the Web Scien
Trust aegis, by establishing legal and financial collaborations with research insts'tutions induding leading universities
who wsh lo co-operate on the development of web science.
During the year, the administration of the charity was carried out on a voluntary basis by the trustees, wth assistan
from staff from the University of Soulhampton," the charity had no employees during the year. From 1st March 2010 the
University of Southampton agreed lo host the Web Science Trust.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The Trustees mel in February to review progress to date and to chart the way forward for the coming years.
The Web Science Trust continued to play a leading role in developing a worldwide research agenda. It continued to
promote and develop Web Science in the followng ways.
The annual ACM Web Sciell￿ Conference look place from 21-24 May in Stuttgart, Gemiany. This was the fourteenth in
3 series of Web scien￿ cOnferen￿S lo be urldenwritten by the Association of Computing Machinery IACMI. The
conference focussed on Reflecting on the Web, Al, and Society. 11 included five keynote speakers, a PhD Symposium,
four WoTkshops, one Tutorial, seven topical paper session5, a panel session. and a Poster Re￿ption. The Web
Science Trust annual Test of Time Award was awarded for the third year at the conference lo the authors of a paper
presented at a previous Web scien￿ Conference that has stood the test of time through continued relevance and
impact.
During the year, the Web Science Trust continued to disseminate Web Science ￿Search. In June, WSTNet Lab
IIIT-Bangalore hosted a 1-day workshop "Web Science for Development IWS4DI" The theme of the WOTkshop was
Digital Public Infrastructures IDPII, with the aim of bringing together professionals from Several domains. addressing
different thematic concerns pertaining to the use of web and mobile technologies in developmental efforts. The
workshop featured invited talk5 by visiting researchers from the Centre of Data for Public Good, IISC Bangalore and
other invitees from other parts of India. It also included a DPI think￿ng poster presentation competition. Interactive
sessions and panel discussions took place and one of the WST Trustees gave an address.
The Web Science Trust continued lo support the Brave Conversations" events. The events draw together people from
academia, government, business, the media and the third sector to address some of the profound issues that are arising
as human life becomes progressively entwned wth the internet and the Web. In May an event took place in Stuttgart.
Gem)any, in association wtth the ACM Web Science Conference.
The Web Science Trust has developed ￿lationShipS wlh the Digital Enlightenment Forum {DEFI, the Oigilal Humanism
Initiative {DigHuml, and the Peopl￿Centered Internet (PCI). In February the four entilies formed the "Humanity Internel
Alliance IHIA)" This consortium will work to strengthen their relations in areas of common interest, regularly exchange
views on their respective actimlieg, and p￿pare and implement common strategies and programmes for the priorities
and areas of shared interest.
In July, HIA, supported an event to celebrate the 50th Anniversary of the Internet. which was sponsored by and held at
The Royal Society in London, and co-sponsored by the Association for Computing Machinery IACM) and the University
of Southampton, UK. Six representatives from HIA took part in panel discussions, which were pre￿ded by a talk from
the co-inventor of the Intemet. Dr Vinl Cerf. The panel discussions looked back al what the Internet has achieved in the
last fifty years and focussed on the next generation of the Internet and Al.
Page 1

WE8 SCIENCE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE
The Web scien￿ Trust has also continued to develop relationships wth the lntemet Archive, the Library of Congress.
the Research Data Alliance, the International communicab.on Association, the ACM, and the W3C, an intemationa
community that develops open standards to ensure the long-term growth of the Web.
The Web Science Trust has continL¢ed to produ￿ a range of significant sryentific papers and publications in Web
Science. The Journal of Web Scien￿, an open access interdi5ciplinary journal with the aim of integrats.ng computer and
inforrnation sCien￿s, communication, linguistics, sociology, psychology, economics, law, political science, and other
disciplines, ran from 2006-2022 and published 32 papers. Foundations and Trends in Web Science (published by Now
Publishers) published 17 papers. All papers accepted and presented at the annual intemational ACM Web Science
Conference appe3r in the Proceedings of the ACM and a￿ held in the ACM'S Digital Library.
The Web Soence Trust has continued lo provide thought leadership to the scientifi¢ community, the public,
governments, public and private enterprise5. This has been achieved through public engagement, and through direct
influence on key figures and organisations in government and industry.
In 2010 the Web Science Trust established a Network of Laboratories IWSTNetl to bring together some of the world's
leading academic researchers in Web Saence to address key research challenges and develop new academic
programmes that will enhan￿ the growng influence ofweb Science. The current number ofWSTNet member5 is 18.
The Web Science TTUSt has continued lo increase its Web and social media presence through ils website. The Web
Science Trust produ￿$ online newsletters, which includes WSTNet Lab profiles and publications, papers and books
Ihat relate to the wide scope of Web Science research.
FINANCIAL REVIEW
As indicated on the Statement of Financial Activities on Page 5, during the year the company received income of
£45,854 (2023.. £34,774).
Income of £45,854 {2023.' £34,538> was received by way of grants, donations, SPOFISOTships and events income during
the year. Total expenditure in the year was £54,29412023." £49,235) for various expenses as detailed in the accounts.
The company is seeking to develop sponsorship wth a range of commercial companies and other organisations.
The directorsltrustees will seek to build up the reserves of the charity to provide il with sufficient resources to carry out
its activities.. at this stage no decision has been made on the level of reserves which will be required for that purpose.
The eurreTrt level of reserves is £174,87412023'. £182,314).
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company. limited by
guarantee. as defined by the Companies Act 2006.
Recruitment and appolntment of new trustees
The size of the charity means that it does not have a formal arrangement for the appointment of new Trustees. If the
existing Trustees consider that additional Trustees are required to improve or add skills, an infomial approach is made
to suitable candidates. The induction and training of new Trustees 15 overseen by existing Trustees. No person external
lo the Charity is enliiled to appoint Trustees lo the Charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Regl$tered Company number
06634408 (England and Wales}
Regl$tered Charity number
1133507
Reglstered office
Lesler Aldridge LLP
Russell House
Oxford Road
Bournemouth
Dorsel
BH8 8EX
Page 2

WEB SCIENCE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Professor N S Contractor
Professor W Hall
Professor J A Hendler
Professor G Metakides
Mr J Rangaswami
Professor N R Shadbolt
Ms A E Rowland-campbell
Mr W Thompson
Professor S Slaab
MsJZScott
Company Secretary
Skadden. Arps, Slate, Meagher & Flom (Corporate Services Ltd)
Independent Examiner
Lisa Wilson FCA
Rothmans LLP
Chartered Accountants
Chilworth Poinl
1 Chilworth Road
Southampton
S016 7JQ
Solicitors
Skadden Arps Slate Meagher & Flom (UK) LLP
London
PUBLIC BENEFIT
In managing the company the directorsllru5tees have due regard to the guidance on public benefit
published by the Charity Commission.
This report has been prepared in accordance wlh the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.
Approved by order of t
eboa
of trustees on
and signed on ils behalf by..
Professor W Hall Jr￿alee
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
WEB SCIENCE TRUST
Independent examinerfs report to the trustees of Web Sclence Trust (Ihe Cornpanrfl
I report to the charity trustee$ on my examination of the accounts of the Company for the year ended
31 De￿mber 2024.
Responsibilities and basi5 of report
As the charity's ITUStees of the Company land also its directors for the putposes of company lawl you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act'i.
Having satisfi.ed 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 1.the 2011 Act'l. In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145(51 {bl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come lo my allenlion in connection with the
examination giving me cause lo believe..
?ccounling records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or
the accounts do not accord with Ihose records,. or
the accounts do nol comply wth Ihe 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 examination., or
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 (applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
10211.
I have no concerns and have come acrtsss 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.
Lisa Wilson FCA
Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
S016 7JQ
Dale..
25 sep.tember 2025
Page 4

WEB SCIENCE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Unrestricted
fund
2023
Total
ftjnds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
45.528
34,538
Investment income
326
236
Total
45,854
34,774
EXPENDITURE ON
Fundraising and marketing expenses
12.848
6,259
Charitable actlvltles
Education
40.446
42.976
Total
53,294
49.235
NET INCOMEIIEXPENDITURE)
17,4401
114,4631
RECONCILIATION OF FUNDS
Total funds brought forward
182,314
196,775
TOTAL FUNDS CARRIED FORWARD
174,874
182,314
The notes form part of these financial statements
Page 5

WEB SCIENCE TRUST
BALANCE SHEET
31 DECEM8ER 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
CURRENT ASSETS
Debtor5
Cash at bank
14.627
172,386
11,747
184,240
187,013
195.987
CREDITORS
Amounts falling due within one year
10
{12,1391
113,6731
NET CURRENT ASSETS
174,874
182,314
TOTAL ASSETS LESS CURRENT LIABILITIES
174,874
182,314
NET ASSETS
174,874
182,314
FUNDS
Unrestricted funds
174,874
182,314
TOTAL FUNDS
174,874
182,314
The tharitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2024.
The members have not required the company to obtain an audit of its Iinancial statements for the year ended
31 De￿mber 2024 in accordance MAlh Section 476 of the Companies Act 2006.
The trustees aCknO￿edge their responsibilities for
lal
ensuring that the charitable company keeps accounting records that comply with Section5 386 and 387 of the
Companies Act 2006 and
preparing finaneial statements which give a tnje and fair view of the stale of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each finanoal year in accordan￿ with the
requirements of Sections 394 and 395 and which othe￿iSe comply with the requirements of the Companies Act
2006 relating to financial statements. so far as applicable to the Charilable company.
Ib)
These financial statements have been prepared in accordan￿ wth the provisions applicable to charilable companies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and aulhorised for issue
and were signed on ils behalf by..
on
Professor W
Trustee
The notes fom) part of these finanaal statements
Page 6

WEB SCIENCE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
STATUTORY INFORMATION
Web Science Trust is charitable company. limited by by guarantee, registered in England and Wales. The
company's registered number and registered Offi￿ address can be fo(Jnd on the Report of the Trustees.
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordan￿ wth the Charities SORP IFRS 1021 'Accounting and Reporting by Charib"es.' Statement
of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial
Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191,, Financial
Reporting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The finanaal statements have been prepared under the historical cosl conventior*.
These financial statements have been prepared on the going concern basis, as there are no material
uncertainties about the charity's ability to continue. The trustees. have reached this conclusion based on the
nature of the grant funding, contracts for ￿lch have been agreed for the foreseeable future.
In accordance ¥Mlh Section 14 of the Charib'es SORP IFRS1021, the Charity has taken exemption from the
Requirement to prepare a statement of cash flows.
INCOMING RESOURCES
Voluntary income by way of donations that provide core funding or are of a general nature are recognised in the
Slalemenl of Financial Activits'es when receivable. The company has not been in receipt of any income arising
from legacies in this year or the prior year.
Investment Income is recognised when re￿iVed and comprises interest receivable on cash deposits.
All incoming resources are recognised in the Statement of Finanaal Activities when the charity is entitled lo the
income and the amount can be quantified with reasonable accuracy.
RESOURCES EXPENDED
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits wll be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attribijted to particular headings they have been allocated to activities on a basis consistent wlh the use
of resources.
Support costs include finan￿, back office and governance costs and are considered lo be of an indirect nature
bul necessary in order for the Gharity to perform ils day to day duties. As recorded in note 4. support costs are
wholly considered allributable lo Education Activities.
TAXATION
The charity meets the definition of Part 1 of Schedule 6 to the Finance Act 2010 and is potentially exempt from
taxation in respect of income or capital gains within categories covered by Chapter 3 of the Corporation Taxes
Act 2010 or Section 256 of Ihe Taxation of Chargeable Gains Act 1992 to the extent that such income or gains
are applied exclusively to charitable purposes. No lax charge arise in the current or previous reporting period.
FUND ACCOUNTING
un￿strICted funds can be used in accordance wth the charrtable objectives at the discretion of the trustees.
Restricted funds can only be used for p8rtieular restricted purposes within the objects of the charity. Restrictions
ange when Specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
FOREIGN CURRENCIES
Monetary assets and liabilities denomillaled in foreign currencies are translated into sterling at rates of exchange
ling al the balance sheet date.
Transactions in foreign Cu￿enCieS are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Statement of Financial Activities.
Page 7
continued...

WE8 SCIENCE TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES - continued
SHORT TERM DEBTORS AND CREDITORS
Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price
whether or not a rate of Interest is charged on the balance.
LEGAL STATUS OF THE CHARITY
The Charity is a company limited by guarantee and has no share capital. In the event of the charity being wound
up, the liability in respect of the guarantee is limited to £1 per member of the charity.
VOLUNTEERS
As slated in the Tr4Jslee5 report. during the year the administration of the charity was carried out on a voluntary
basis by Ihe Trustees, with assistance from staff from the Universlty of Southamplon. In accordan￿ wlh the
SORP, no monetary value is placed upon the services provided.
CASH AND CASH EQUIVALENTS
Cash and short-term deposits included in the Balan￿ Sheet comprise cash in hand and short-term deposits with
an original maturity of three months or less.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINr
Estimates and judgements are continually evaluated and are based on historical experien￿ and other factors,
including expectations of future events that are believed to be reasonable under the arcumstances. The charity
makes esb'rnates and assumptions concerning the future. The resulting accounting estimates and assumptions
will, by definition, seldom equal the related actual results.
No jijdgements lapart from those involving estimalesl have been made in the process of applying the above
awounting policies.
INVESTMENT INCOME
2024
2023
Deposit account interest
326
236
CHARITABLE ACTIVITIES COSTS
Direct
Costs {see
note 61
Support
costs {see
note 71
Totals
Education
23,340
17,106
40,446
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Insurance
WSTNet support Costs
Websile costs
Project costs
Workshops and conferences
Subscriptions
1,079
982
369
2,448
5,488
12,717
1,040
2,570
7,182
11,333
1,176
23,340
23,044
Page 8
continued...

WEB SCIENCE TRUST
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 DECEM8ER 2024
SUPPORT COSTS
Governance
costs
Finance
Totals
Education
825
16,281
17.106
Included wthin governance costs is an amount of £1,789 which relates to work completed by the independent
examiner in respect of accountancy services and an amount of £455 was payable in respect of the independent
examination.
Support costs, included in the above, are as follows..
FINANCE
2024
2023
Total
activities
Education
Bank charges
825
740
GOVERNANCE COSTS
2024
2023
Total
activities
Education
Professional assistance
Insurance
Trust board meeting expenses
Bookkeeping
Accountancy
Other expenses
3,000
1,272
8.784
130
2.244
851
3,125
1,120
11,746
135
2,158
908
16.281
19,192
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 De￿rnber 2023.
TRUSTEES. EXPENSES
During the year the Trust did not reimburse any directors expenses12023.' NIL).
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments
10,000
4,627
10,375
1,372
14,627
11,747
Page 9
continued...

WEB SCIENCE TRUST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
Accrued expenses
Deferred income
1,770
2,244
8,125
2,382
2,158
9,133
12.139
13,673
11.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 De￿rnber 2024.12023.. NIL)
Page 10

WEB SCIENCE TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
45,528
34.538
Investment income
Deposit accounl interest
326
236
Total Incoming resources
45,854
34,774
EXPENDITURE
Raising donations and legacies
Fundraising and marketing
Website costs
Foreign exchange rale
4,808
2.570
145
3,811
2,448
7,523
6,259
Other trading actlvltleg
Bad debts
5,325
Charitsble activitles
Insuran
WSTNet support costs
Website costs
Project costs
Workshops and conferences
Subscriptions
1,079
982
369
2,448
5,488
12,717
1,040
2.570
7.182
11,333
1,176
23.340
23,044
Support costs
Flnance
Bank charyes
825
740
Governance ¢ost$
Professional as51slance
Insuran
Trust board meeting expenses
Bookkeeping
Accountancy
Other expenses
3,000
1,272
8,784
130
2,244
851
3,125
1.120
11.746
135
2,158
908
16,281
19,192
Total resources expended
53,294
49,235
Net expendlture
17,4401
114,4611
This page does not form part of the statutory financial statements
Page11