REGisfKRED COMPANY YUMBER: 06771027 (Engl8nd gnd Wales) REGISI'ERED CHARrrY NUMBER: 1146170 REPORT OF THE TRusfELS AND 1sf4AUDITKD FINANCIAL sfATEMENTS FOR THE YEAR ENDED S APRIL 2025 FOR SENSE ABOUT SCIENCE Mccabe Ford Willian Chartered Aecountants Charlton House tkTrur Street I)OVER Kent CT16 IBL
SKNSE ABovf SClEf4CE cOrENTs OF THE FINANCIAL sfATEMENrs FOR THE YEAR ENDED 5 APRIL 2025 Page Reference Administntivt D¢tsils Rewrt octhe Tru¢¢5 2 to 7 ldependent Examiner's Report Statemtrtt ofFillDcial Actlvltlts B%laDce Sheet io Cuh Wow st•temet Nots5 to the Csh Flow Statement 12 NoteJ to the Financial St*temeDts 13 to 20 Detgiled Statement of FiMgn¢ig1 Adivities 21
SENSE ABovf SCIENCE REFERETr4CE APID ADMTr41STRATIVE DETAILS FOR TKE YEAR ENDED 5 APRIL 2D25 TRUSTEES Drm J Fit4)atri¢k Prof P J Hardaker Prof R H Lovell-Balge Fmedsci FRS Mr J Bruun (resi8Thed 15.5.25) Mr J Wren Piof W Vall Saarl(MTrs ProfessorP A Gamei ProfessorL J Yellowle Mr M A Conrali Dr M U Fonjallaz Bj01¢ Ms S Bhattatharya Mr C J Hardic (appointed 6.7.24} (resigt*d 30.12.24) Ms C Guin¥d (appoinied 23.7.25) DrR Tucker (appointed 22.7.25) ProfessorN Grobert (appK)inted 22.7.25} Mr S Denegri {appointed 1.7.25) Mr A A Allegra (appointed 8.11.25) COMPAf4Y SECRETARY Ms T Brow REGisfERED OFFICE 41 Portland Plac¢ IA>ndon WIB IQH REGisfERED COMPANY NUMBER 06771027 g18Thd and Wales) REGISTERED CHARITY IYUMBER 1146170 INDEPENDENf EXAMINER Mccth Ford WilliaTnS Chartered Ac£ountaTrts Charlton Hoe Dour Stre DOVER Kent cr16 IBL Pag¢ I
SENSE ABOVT SCIENCE REPORT OF THE TRusfEES FOR THE YEAR ENDED S APRIL 21125 The tnteeS WIK) are also directors of the charity for the pur of th¢ Compw)ies Act 21)06. present their report with the financial Statements of the charity for th¢ year etbjed 5 April 2025. The truses have adoptsd th¢ provisions of Accounting and Reporting by Charitie5.' Statement of R¢comm¢nded Pra¢ti¢e applicable lo eharities prepiDg their accounts in accordance with the Financial Rep)rting Stsndard applicable the UK and R¢publit of Ireland (FRS 102) {efftiv¢ l January 2019). OBJECTIVES AND AcfiviTIFS Obje¢tives and #iThs The charity hL8 two main obj¢ctives: l. Tts &dYance the ¢ducation of the Jwbli¢ in any branch of scientifi¢ research {ill¢luding S]81 sci¢nc¢) aDd in particular by the dissemination of swhiesearGh and usefvl intorntion about su¢h res¢ar¢h,' and 2. To promtste (for the benefit of the comnwnity) the knowledge and uDderstanding of the public of. aT¥J to stirnulate interest of the public in, the creation, presentsti¢)n artd us¢ of s¢ientifi¢ resear¢h. Significanl aetivities Our clmritable activities: - Provide advice on s¢i¢ntific matters to th¢ m¢di4 p)li¢y makers. the general public and oth¢rs. - Produce educational llMteria15 on scientific i&sues for the public well as researther5 alld others. - Respond to misleading or fals¢ infomhatioth by providing the public with relevani l¢ntIfiC ¢vid¢n¢e. - Promote the imtx)rtance of iDd¢pendeDt scientific advice for public pTrlicy. Much of the fvnd getation occurs through the day to day Wrk of the staty and volunteers. Focused fundraising activities are ¢4rried out by the development team, inchKlitL8 8rant prop]5, projcd and progrdtnnK partheTships and public appeals. Publit bentfit The tiustee5 of the charity have had du¢ r¢gard ttTr the Charity Commission's g¢n¢ral guidance on public benefit. The ¢harity's obje¢iives and aims have been reviewed taking this guidance into consideration aDd the trustees have noted the extensive achievements of th¢ charity and th¢ ¢onknbution it makes to public lif¢.
SENSE ABOiIT SCIENCE REPORT OF THE TRusfEES FOR THE YEAR EYDED 5 APRIL 2025 ACHIEVEMEF4TS AND PERFORMANCE Charitable and fuThdrdising activities l. Be¢ome the public voiee on evideDce Our missioth is to en8a8¢ ad nK)bilise people to pursue bigh stsndards of evidenc¢ in public life, in¢luding ¢ha]knging organisations and politi¢[a to be trdn5parenl about the eviderKe they w8e and provide a clear chain of re&soning. Evldence trAnSrencY ih government We have initiated a series of mettings with Chi¢lS¢ientifi¢ Advi50r5 (CSA) across government to reignite discussions transparellry of 6videncc. Ive d¢liv¢red a seminar for Senior civil setVODts in collal)oration wtth th¢ Institvte for Govertunent and plan to publish evidence playiwk io help protect analy5ts' publication of evidencc from poliGy pressures. As part of our 'Show Your Workings. w?paign we COlUCted a 5Dap transparetw review of six r¢¢¢ndy annOU¢d policy meaSUs. We found that only thr¢e out of th¢ six poli¢i¢s met our trILsweIKy test. We are planning to continue publishing ¢ransparency reviews of newly atlljtsunced wlicie5. AItTrials Campgign The Medicines for HumaTh Use {Clini¢al Trial%) (Amendment) Regulations 2¢Y24 w&% fonnally signed illto law in 2025, making it a statutory requirement fiorn 2026 for all rnedieinaj ¢lin1¢ ttiais to r¢gister and publish a summary of results within 12 months of the end of the tri. This aD]UnC¢M¢ marks a turning point for clinical trial transparency in the UK but will only b¢ ¢ff¢ctive if ¢nforced by the HRA atNI MHRA. We wiu ¢ontinue to mollitor MplIanCe wh¢n the law COM into forc& 2. E$tAbli5h kvid¢nTtthKnow-HoJY a publit goal Our goal is a research community that is willing. able and cogni72nt of its capacity to empower Othe and rewgnition and increased adoption of our approach through VOYS. public engagement partnerships and putting public empowerment at the heart o(the international evidence movement. Volte of Young Stience: engaging earty Career researchers in public debate The Voice olyoung Scienc¢ (VOYS) neTh¥ork is our unique network of around 61M)O Early Career Researchers (ECRS) who are trained aT¥J motivated at the start of their cate¢rs tts be inspired and take rponSibilIty for the publi¢ conv¢tsation around 1¢¢¢ and evIde[e. Over this year w¢ d¢lEY¢r six Standin8 up for Sci¢nce MrkSIK1pS with four in-person workshop5 held in London, Norwich. Nottingham and Edinburgh and two online workshops. At these session& ECRS heard fM pane]s of Ore experieThc¢d r¢searGh¢rs as well as expert journalists. acadeTnics. and policymaker5 on how lo engage in the public diS¢tlOn amund s¢ien¢e and re5carch. Over 200 ECRS participated in VOYS workshops a¢ross our prtsgramme in 2024. WE al delivered a bespoke Standing up for S¢ienee workshop for do¢tora] rescarchers from thc Trials Research Meth)dology Doctora] Tt8illiTLg Programrne b&sed at the University of Liv¢rpool. Bespoke policy engag¢ment training was delivered to re5earchets from the Central England NERC Trainithg Alliance {CENTA), the South alld East Network of Social Sciences {S¢NSS) and the Cambridge Biosciences Doctoral Training Confiden¢e in research We ci)ntinued our parthership with ElVier lo develop a series of training resources to support ECRS be able to ¢ommuni¢ate confidently about res¢arGh evidence ar re5euch practice with the public, policy attd media. These resoiirces, including videos and 51ides, eov¢r topics from explaining uncertainty to UndersldIng how to communicate the quality arkd reltability of evidence to dealing wth the rough and tumble of communicating in prnctice will be h05t¢d EJsevi¢rfs Researcher Academy plaÈform. To laUh the r¢sour¢es. we will deliver three webinars featuring expert speakers to a global audience of reseaheYs. Page 3
SENSE ABoirr SCIENCE REPORT OF THE TRUSTEES FOR THE YEAR ENDED S APRIL 2025 Public enygement partnershit akin sense of dru for ineurable cancer In Gollaboration with res¢ar¢h¢rs ai Kithg's College Lolldo London SclK)ol of Hygiene and Tropical Medicine and Qu¢¢tJ's University, Canada we cocreatsd a briefin8 pap¢r for the publi¢ and policy makers which explain5 how cancer drngs are evaluated and approvd, highlighting the irnwrtance of transparency and ihe need foi rich dath that rellects patL¢nt experiences for those with advattced disease. Gastric b a$5 siir In partnership with researchets from the University of Bristol we reated a briefing paper itrtended to communicate the tvidencc of a lar8e, rarKiomised control stlldy atx)ut th¢ safety and ¢osi-effe¢tiv¢ness of g&stric byp&85 for people living with sev¢r¢ ob¢sity. The paitners wete able io present their in8i8hts and its inwli£atiotts for NHS s¢ryice planning to MPS and Peers at Evidence Week. Risk Know-How We have ¢orttinued our partn¢r5hip with Lloyd's Register Foundation to develop Undsta[ing of 'Risk Kthow-HoW focused on supporting communiti¢s to make strC of risk. Our Risk Know-How platforn. framewot* and training, 15 now a unique international resource on actionable risk inf0mti0Th, aehievin8 rewgnEtion in discussions from th¢ UN to the UK paAiam¢Dt, and making an impad with diver5c audiencc from mexico jOUrnlSts to Spanish flo¢xls. We are beginning a ¢ampaign of approaches to major risk inforniation providers, l¢x)king forthtir adoption of the frallKwork. The fornia] launch ofthe Risk know-l¥)w MOOC with the Instityt¢ for th¢ Publi¢ Und¢rstandiD8 of Risk Singapore on "Understanding and Comtnuni¢ating Risk. saw an incre&5e in re8iStration by 1009/0. The ¢urat¢d bank of over 100 resourc&s on the platforn4 coveriD8 key sedot5. topics and themes from leading organi5ations eg World BanK UNICEF and the European Space Agenry is Illg used and shared widely. We have suppl¢mented this resource bank with bespoke resoutees, re4uested by COMMlties, including how to interpret and understand average climate teTnperdtur¢ (developcd with R0thand). a 5erie5 on Al and misinfomjauon (developed with Maldita, a leading Spanish misillfomiaiion oigallisaiion) and a video series on the risk of a¢cident at work (in collaboration with SafetyKnot). We hav¢ delivered training in the framework to Spain's Nationa] oifiee for scie1e Advice'5 new scientifi¢ advisers. Europew4 Geos¢i¢nces Union's policy taskforce 8j UK ParliamcThtariall staff at Evidence Week. This r¢sult¢d in Victoria Collins MP advocating for the fram¢wDrk to b¢ ib)¢lud¢d io Government's evaluation of risk con)municatIo of flooding to the Mini51er of FloodiD& We estimat¢ that incliLdin8 expert contribution% r48our¢¢s and intern support we have leverd8ed over £295,400 of support for the Risk Know-Htsw projcct F.vldente Week in UK parliament Sense about S¢ien¢e and the Parl2amentsry Office of Science and TeGhnok>gy IPOST) orgaDised Evid¢llce Week 2024 in partnership with the House of Conunons Library, the How¢ of Lords Library, the UK Statistics Authority, Ipsos, Full Fac¢ MumsNeL Moll¢ySavingExperL Shout Out UK, Imperial College IA)ndon alld research ill5tibJtioDs acmss the UK. FI days of training Sessions for parliamenlary staff and two days of w)licy briefjngs in WestmiDster for MPS a[ Peers, were opened by the first livestreamed Reverse S¢ltct Comtnilt¢¢. with committee chai[5 and national ¢xp¢rts beitJB ij) the witness stand, responding to voters wkn came to Parliament from across the UK to Lsk for evidcnce. Hundred5 of peopl¢ submitted questions. and hundreds more watched online. reminding polsticiarG that 74(A+ of the public think it is important that th¢ govemment shares 011 the cwdcn£e used to rnake importan¢ poli¢y decisions. Topi¢$ ranged fron) patemity let4ve and restorative justice to child w>verfy and transFK>rt spending. Evidence Week 2024 welcomed more reseanhets th1 ev¢r befor¢ into P8rliam¢nt to deliver s1¥)rt w>licy briefings to MPS, PeeT5 and Parliamentary staff on their new ¢viden¢e and insights on erging rx)licy issue5. Topics coveTed included briefings on school attendatKe. dealillg with Clin1¢ ullrertainti¢& handlillg patient Complaints in th¢ NHS, and electrifyin8 air trav¢l. Ov¢r the two days of briefings. mor¢ than 300 new conne¢tions were made between Pc1rlianientarians atld researchers wantin8 kn brtng their evidence into policYnkillg. engaging with the offlces of over 80 MPS and 14 P¢¢rs. Page 4
SENSK ABOUT SCIENCE REPORT OF THE TRusfELS FOR THK YEAR EfDED 5 APRIL 21125 RespDn5ible Hndover Artifjcial intelligence {AI) and data science toots are emerging all arouThi w, with applicatio$ ranging from medi¢a] to agri¢ulturdl, fina0¢1 to defrnce. At every level iu CIety there is justified ¢on¢ern aboui bad dectsious resulting from Al if organi5ations Jnisunderstand how to se then4 01 don't properly asYss the strengths and weakness¢s of outputs b¢ftsre implementing them. Responsibl¢ Handover. lauDGhed in September 2024. is a WliV¢Tsal fraIn that COVCTS the governance Wdp ITh the adoption of AI and advaDced dats tools and texh. Well¢ome 5UPPOrted our creation of it following th¢ publication of our data scien¢e guide atml people eonta¢ting us whistle blowin8 on the appliralions bypassing evidence gateways 2nd standards it) high-risk areas. The framework allows tool developers and athpt¢rs to ¢]1fy the origiffj wiability and limitatiojjs of At too15. and apply it appmpriatrly. We are now in exploring the possibtlity of hosting the framewo on a governan¢e-builder platforni and are enga8ed in adoption discussions with international partnen including Australi4 NZ and UK governmen US fiuJd¢r nerworks and the International Science Coun¢il. 3. Cultfiv#te frank discusslon lbollt difficuh evideDce We aim to capture atKt commw)i¢ate our etho& insights and achievemen to InaSt their infjuence aThl improve supp)rt. The John M#ddox Prize: Standing up for Seitllee The John Maddox prize 15 a joiDt iThitiative of th¢ charity Sense abo ScieDce aDd the leading international scientific joumal Nature. The prize has been awdrded attnuaily since 2012 to it1vIdUaLl who stand up for sound science alld eviden¢c, adYancin8 the public dis¢wsiou of diiflcult topics desptte chall¢nges orhostility. In 2024 Patrick Ball was re¢ognised with the John Maddox Prtze and Kelty Cobey with the Maddox Early co£r Award, for stattding up for science in the publi¢ interesi. P2tri¢k Ball was r¢eognised for his outstanding work in identifyin& cthloguing and pnTrse£utrng war crim&s using Tigorou5 Statisti¢al alld mathematical mod¢lling. Patrick has analyscd dats on human rights violaiions and killings from Bosnia. Till)or-L¢ste. Guatemala. Colombi4 El Sdvador. Pen4 Syri4 K050vo, Sierra l£one, and even the USA. Notably, he served a5 a witness in 2021 at the IDterDationai Criminal Tributtal for the fonner Yu8051aYia against SlobodaD Milos¢viG, the fortner President of St1a. Kelly Cobey is the Director of the Metar¢sear¢h and Open Science Program at the Univ¢rsity of Ottawa Heart Instibjte. She was recognised for ber work on implementin8 opetj 5fLa]c¢ and advocxy for the n#d to r¢fomh research a8sessment. particularly around the rising problem olpredatory joumais. A special jlldges. commendation goes to Dr Shiba Subedi. a seistnolo815t at the Nepal Ae8demy of Technology and S¢ien¢e. in recognition of his efforts to raise earthquake awar¢ness and preparedn¢55 in Nepal. Leveraged r¢$ourees Across all of the organisation's, a¢tivitie5. we eslimate that we have lev¢W a further £192.000 of support takiDg into account fa¢ilitie5 given free of ¢harge. administsative suppor4 expert and partner input as well as UKRI-fi]nded internships. This is in addition to the extensive resources lev¢raged by the Risk Know-How project. FINANCIAL REVIEW FlnAncio1 position The charity held fijnds at the year¢1 totalling £373,4> (2024- £399,696). Reserves polley Tlie TnL5tees actively review the poliGy Lll line with planned strdtesy and fiEtur¢ commitments. The trustees aspire to hold six months fixed costs in r¢serve, in order fo supporl Organisatioti resilienee and SiLStainability. to invest in new areas of woi'k and maintain cashflow and continuiry of business. Ptogress is reviewed at mc¢¢iTW of the Governance and Pl&tJniTr8 Committee and the amount s¢t &sid¢ is r¢vis¢d in a¢cordan¢e with piojttted income and ¢xpthdibJre. Page 5
SENSE ABOUT SCIENCE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APIUL 2(b25 FINANCIAL REVIEW Going concern The trthqtees are confident that the Gharity has sufficienl reserves and iWA)me streatDs to cfjntinue for the foreseeable tur¢. srRucfuRE. GOVERNANCE AND MANAGEMENT Governing do¢ument The ¢tLarity is controlled by its 8overni118 documenL a deed of fnLsi and con5titute5 a limit¢d ¢ompany, limited by guarantee, u defitted by th¢ CompaleS Art 2006. Re¢ruitm¢nt Ind #ppoiThtmeD¢ ofDeiY trusttts The Deed gives the power to ¢le¢t or CrP1 individuals to the ¢hariry. Tn£$ serve a 4 year t¢tm followed by a possible renewable terni of 3 year5. The Governance and Pla[]ng Committre maintsins an overyiew of skills and experience needs and a succession plan is maintained in consultstion with th¢ Eoard of truses. Trnstee va¢an¢ie$ are adv¢rtised and potential trlee5 are a]so identified through Sejjse alK)ut sciees wd¢r n¢tworks. A truske resourre is maintained aDd all trstee5 participate iD induction 5essioL%. Poli¢ies relevant to tswsfee5 are included within the stafFhatJdbook. OrgaDis¥tion#l stnT¢knre The charity is registered &8 & MpanY limited by guarantee. The Board of Trnstee5 meets four times a year, in¢lvding a strategy session. During the year there were an averdge of elcvtn trustees. Th¢ ¢haTiiy specifie8 that a Chair should be elected annualty. ID the event of D) allernative nominations. th¢ currellt Chair is automatically ele¢ted at the final tneetillg of the year. The Gov¢rnan¢e a[ PiaDuing Committee i5 8 subcoD]mittee of the Botrd which provid¢s in depth review alld challenge of policies, resources and fjnaocial platwiog, budgeting attd reporting. It re]NTrrt5 to the Board three times a year. Remuneration of the Chief Executive Officer i5 reviewed by an ad IK)c group led by the Chou atsd th¢ Chair of the Governance and Planning Committee. A¢tivitie6 are CrdInated by a Small office team and supported by a wide network of organisations and voluthecfs from all areas of science alld swiety. The tnte¢s, policy is to ensure the Chatity is not dependen( up)n a single y)urez of fidIng and rtiveS its financial support from a diversity of fiLThdillg sources.. it currently reccives ndIng from trusts and foundation5, individual sciellti5ts alld llMbers of the public. learned societies. alld scholarly publish¢rs. DoDations are governed by a fiinding policy and th¢ ¢hatity fimdroising strnte8y wms for diverse Solces of fiding. No 8Tant or funding of any kind entitles any organisation to decision4JhakiThg authortty. External fiding will not divert Sense abo S¢1¢e from its agreed aims and values. Key management remunerAtion Remuneration for the staff is aeed by the D1re£lorlDirrf5 t¢anL under the oversight of the Governanct and Planning Cojnmittee. The Dirttr$ r¢muner&tion is agrd by the Cair in coLsuitation with the BoaTd of Trustees. Risk management Th¢ Board and. through delegated resw)Dsibility, trustees on our Goverll¥ce and Planning Committee, regularly review the major iisks ihat tlle organisalion faces in tern)s of its ¢haritabl¢ Objectiv fitwices, governance and leadership, statutory complRanee atld replllation. These are updated and reviewed on an ongoing blS and a risk app¢tit¢. mapping high. mediu]n and low risks is prepared qiwterly so that tre[ over time Gan be Identifd.
SENSE ABouf SCIENCE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRFL 2025 This report has been prepared in xcordanee with the special provisiojks of Part IS of the Companies Ac12006 relating lo small wmpanies. 221121225 Approved by orderof the board of tnrtS on................................. ..... .... and signed on its khalf by: Mr S DenegTi- TnLStee Pag¢ 7
INDEPENDEr EXAMINER'S REPORT TO THE TRusfEES OF SENSE ABOUT SCIENCE Independent exgmiMer'$ rep)rt to the trnsttes of Stmse About Science ethe Compxny.) I report to the charity trustees on my examination of the aceowits of the Company for the year ended 5 April 2025. Responsibi]itios and bBsis of report As the charity's truste¢s of the CompaEJy (and a]so its directors for the PUTrKw of company law} you are re5PO]J5ible for th¢ pr¢parationof the accounts accordance with the requir¢m¢nts of th¢ Cwies Act 2006 (Ihe 2006 Ac¢). Hang satisfied myself that the accounts of the Company ar¢ not required to b¢ audited under Part 16 of the 2006 Act and are eligible for independent txamination, I rerA>rt in respect of my examination of your chaTity's 8¢counts as carried oui undcr Section 145 of the tieS Act 2011 (Ih¢ 2011 A¢fj- In canying out my exarnination I h&v¢ followed the Directions given by the Charity Cornmi&sion under Section 145(5) (b) of the 2011 ACL Independent exArnRner's ststement Since your charity's gross inwme exceeded £250.IKIO yow examiner must be a member of a listed IKMIY. I can confim) that I am qualified to undertake the examination because l am a member of the IrtI11¢ of Chartei¢d A¢countaThts i England and Wai¢s, whi¢h is one of the listed bodies. I hY4ve completed my examination. l ¢ottfimi that th) matkrs hav¢ ¢om¢ to my attention in connection Wtth the examination 8Lving me cause to believe- a¢counting records were not k¢pt in respect of the Comp8ny as r4uired by Scrtion 386 tsf the 2006 ACL 01 the a¢¢ounts do not ac¢ord with those records" ot the accounts do not ¢omply with th¢ aecounting requirements of Section 396 of the 2006 Act oth¢r than any requirement that the accouDts give a true and fair Y&ew which is Dot a nthmer Considered as part of an independent examination. or th¢ accounts have tK)t been prepared accordance with the metho05 ad prin¢iples of the Statement of Recommtlld Practice for accounting and reporting by Charities (applicable lo charities preparing their accounts in accordaDce wryth the Finaneial Reporting Standard applicabk in the UK and Republic of Ir¢lond (FRS 102)). I have no conc¢rns and have ¢ome ocmss MI other matt¢rs in conne¢tion with the examination to which attention should be drawn thi5 report in order to enable a proper understanding ofthe accounts to be rea¢bed. Mr John SheatherBSc FCA Mccabe Ford Williams Chartered Accountants Charlton House Dour Street DOVER Kent cr16 IBL 21........tknW.o..r Qo25 Page 8
SENSE ABOUT SCIENCE srAT£MENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED S APRIL 2025 5.4.25 Totsl fimds 5.4.24 Total nds Unre5tric¢ed Rictrd fimds fimd$ COME AND ENDOWMENTS FROM Donations gJLd legacies 239214 239,214 308,586 Charitable activities Projects 247,266 304.796 552,062 438,160 tnvestment income 4,143 4,143 3,482 Totsl 490.623 304.796 795.419 750,228 EXPENDITURE ON Fundraising projects 14.481 14.481 13,340 Cbaritable 4¢1iviti¢s Projects 516,161 291.073 807.234 802,226 Tot•1 530,642 291,073 821.715 815.566 NET INCOMEI(EXPENDITURE) Trnsfer5 between fllllds (40.019) 4,674 13,723 (4.674} {26.296) {65,3381 17 r4e¢ movemeTht In funds (35J45) 9.049 (26,296) (65.338) RECONCILIATION OF FUNDS Total fi]nds brought fotivard 257.544 142,152 399.696 465.034 TOTAL FUNDS CARRIED FORWARD 222,199 151,201 373,400 399.696 The t¢S forni part of these fina¢1 staiements Po8¢ 9
SENSE ABOUT SCIENCE BALANCE SHErr S APRIL 2025 5.4.25 Total nds 5.4.24 Total Umtstricted Restri¢t¢d fun(Ls Notes FIXED ASSETS Tatlgible &45ets 12 221 CURRENf ASSETS Debtors Cash at bank and in hamd 13 14 40.723 236.083 40,723 393,297 124.910 351,201 157.214 276.806 157214 434,020 476,111 cREDORs Amounts falling due within on¢ year 15 (54.607) {6.013) {60,620) (76,636) NET CURRENT ASSETS 222,199 151.201 373.400 399,475 TOTAL ASSETS LESS CURRENT LIABILMES 222.199 151.201 373.400 399,696 NEI, ETs 222.199 151,201 373,400 399,696 FUNDS Unrestricted fid$ Restricted fimd5 17 Y22,l99 151201 257,544 142.152 TOTAL FUIYDS 373,400 399,696 The charitable company is entitled to ¢xemption from audit under Se¢tion 477 01 the Con]panies Act 2006 for the year end¢d 5 April 2025. The rnember5 have not required the company lo obtain at) audtt of its fillancial statements for th¢ year ended 5 April 2025 in atcordarL¢e with S¢dion 476 of the Companics AGt 2006. The truste¢s acktLowled8e their responsibilities for (a) ¢nsuring that the ¢haritabl¢ cotnpany kEePS accounting rc¢(wds that comply with Sc¢tiot)s 386 snd 387 of the Companies Act 2006 and prepaTing financial 5tatement8 whieh give a true and fair view of the state of affaits of the charitable company as at the end of ¢ach tinanCi year and of its surplus or defi¢it for each financial year in accordallc¢ with the requirejnents of Sections 394 and 395 and which otherwise comply with the TeqUi[tuuts of the Companies A¢t 2006 relating to finan¢ial statements. so far as applicable ¢0 the ¢haritable ¢ompany. (b) These financial statements have been prepared in arKordance with the provisJon$ appli¢able to charitable companies subject to the small compalliu regime. The finaDcial statements were approved by the Board of Trustvts and authoris¢d for issue 2y1.?s........................... and wer¢ signed on its beh8]fby: on Mr S Dtnegri- Trustee The notes form part ofth¢s¢ financial siatellts Page 10
SENSE ABor SCIENCE CASH FLOW sfATEMEF FOR THE YEAR ENDED 5 APRIL 2•25 S.425 5.4.24 Not Cash flows from openting actlvltits Cash generated from operations 37,953 128.235) Net cash provid¢d byl(us¢d in) operating acttvities 37,953 (28235) C%sh flows from investing attivitits Interest re¢eiYed 4,143 3,482 Net cash provided by investing acttvitie5 4.143 3,482 Challge in cash ind cash equivalents in the reportlllg period Casb and th equiv#leNts ¢ the begiijnillg of tht reportittg period 42,096 124,753) 351201 375.954 Cash ¢#$h ¢quivltnts #t the end of the reporting p¢riod 393297 351,201 The notes forn? part of these financial state*ts Page 11
SENSE ABOUT SCIENCE NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR EIYDED S APIUL 2925 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING AcfIvITIES 5.4.25 5.4.24 Net expendlthre for th¢ reporting p¢riod {*s per the StstemeRt •r FinantiAI Activities) Adju5tThents for: Depreciation charges Interest rec¢ived Decrease itt debtors {DeGreaseyincrt&se in creditOf5 (26,296) (65.338) 221 (4,143) 84.187 (16.016) 221 (3,482) 4,108 36,256 Net £a$h provided byl(used ID} oper%tions 37.953 (28,235) ANALYSIS OF CHANGES JN NET FUNDS At 6_4.24 Cash flow At 5.4.25 Net eash Cash ot b8nk 8t in hand 351,201 41096 393.297 351201 42,096 393,297 Total 351201 42,096 393,297 The note5 forni part of th¢5¢ financial staieftknts Page 12
SEFISE ABO[ SCIENCE N(YfES TO THE FINANCIAL STATEME FOR THE YEAR ENDED S APRIL 2025 STATroRy INFORMATION Sethse About Science is an incorporated Charity. limited by gilara without shsre capital, registered in England and Wales. Th¢ charitys registered number. principal addr and natttr¢ of operations Can be found in the Report olthe TIustees. The presentstion currency of the financial statements is the Pound sterli (¥. ACCOUNTING POLICIES Basi$ of prep•ring the finallcial stat¢m¢nts The fjnancial Statements of the thatiiable MpanY. svhich is a public brnefit etttity under FRS 102, have bern prepared in accordance with the Charitios SORP (FRS 102)'A¢counting and R¢portitig by Chttle$.. Sta¢em¢nt of Recommended Practice appli¢able ¢lMrities preparing their accouuts in accordance with the Financial RertIng Standard applicable in the UK aDd Republic of Jrelalld (FRS 102) (¢ffe¢tive l January 2019)., Financial Reporting Standard 102 The Financial RerK>rting Statard applicable in the UK and Republic of IrelaTLd' and the Cornpanies Act 2006. The fllwL¢ial thtetD¢nts ha been prepara und¢r the hi5toriGai $1 convcntton. Income Ail income is recognised in the Ststement of Fin8¢11 Aty[&S ODCC the charity has entiilemellt to thc funds. it is piobablt that the ineorne will be reiVed aDd the amount c8n be theased ffliably. G(dS service5 donated to the charity ar¢ only recoguised they Mala1 to the f]llancial stateme]. The trnst¢es do not ¢ollsider it practical to value these goods servi. Expenditure Liabiliti¢$ are recogni5ed a5 expenditure &$ 500n &$ there is a legal or constructive obligation ¢ommitting the charity to that expendih]re, il is probable that a traTksfeT of economic benEfits will be required in scttlement and the amount of the obligation can be me&5ured reliably. Expetylituw is ac¢oun*d for on an ac¢Tuals basis and has been classified und¢r h¢adings that aggregate all cost related to the category. Ivhere costs cannot be directly attributed to particular headings they have been allocated to activities a basis ¢on5iSteTht with thc of resour¢es. Tangible fixed A85ets The charity piovides for depreciation on a 2(PA strdigbt line b&8is rn order to writ¢ off ea¢h asset ov¢r its estimated e[l life. 'Ihe chariiy has a Capitalisation policy wher¢ by tangible assets are only capitaiised if they cosl mor¢ than £500. Tangible &ssets under £500 at¢ written to th¢ statement of finan¢iai adivi11¢5 as an expense. Tgxation The charity is exempt from corpoTatK)n tax on its ¢haritable activities. Fund 9¢¢0Ullting Unrestricted fund5 can be used in accordance with the dwitable objtiVeS at the discretion o(the truste&%. Designated funds comprix wwtri¢ted fiwds have been set aside by the bu$e$ for particular pU0eS. Restricted fuNds ¢aTL 4Mly b¢ US for partiGular rthided purw)ses within th¢ objects of the C1(Y. Reslrictions arise when specifled by the donor or when fI)dS are raised for particular 5¢[]Gt¢4 purp05e5. Further explanation of the nature and purpose of each filnd LS included inthe TrIeS to the finart¢ial ststements. Foreign currencies Assets and liabilities in foreign currencies #It translated into sterltng at the rates of ex¢hange tvling at the ban¢t sheet date. Tiansactions in foreign ¢urrencies atE tra]]slateil into Ster18 at the rate of exchange wlit)g at the date of transaction. Exchang¢ difference5 are taken into account in arriving at the operdting resulL Page 13 continued...
SKNSE ABoirr SCIENCE N(YTES TO THE Fif4Af4CIAL sfATEMENTS- eolltiDu¢d FOR THE YEAR ENDED S APXIL 2025 ACCOUNTif4G POLICtES- ¢oTh¢inu¢d Hire purch95e and lea55ttg eommltmemts R¢ntals paid wlder operatin8 lease5 are charged to the Stal¢m¢nt of FirAtk¢iil Activities on a straight line basis ove¥ the period of the lease. Pension costs and other p05t-retirement benefits Th¢ charitable company operates a defined Contribution pension SGheme. Contribution$ payable to the charitsble compatjy's pewion scheme gre char8ed to the Statementof Fim8n¢ial Activities An the period to which they relat¢. DONATIONS AIYD LEGACIgS 5.4.25 5.4.24 Donations (illcluding gift aid) 239.214 308,586 INVEsfMENf INCOME 5.4.25 5.4.24 Bank inter¢st 4,143 3,482 INCOME FROM CHARITABLE AcrtvrriES 5.4.25 5.4.24 AGtivity Projects Grants 552.062 438,160 CHARITABLE ACTivrriES cosrs SuprrfTrrt Costs (see note 7) Dire¢t Costs Totals Projects 7Y2227 15,007 807,234 SUPPORT COSTS Governan¢¢ Projects 15,007 Page 14 Continued...
SENSE ABOUT SCIENCE NOTES TO THE FIYI ANCIAL STATEMENIS- continued FOR THE YEAR ENDED 5 APRIL 2025 SUPPORT COSTS- tontinued Support costs. itt¢luded in the aknv¢, ar¢ As follo. 5.4.25 5.4.24 Totsl a¢tiviti¢s Proj¢¢ts Independ¢nt ¢xamin¢¢s rtmuneration Board of tElJ5tees' meelings TnJst¢es' ¢xp¢ns¢s Sundries Bookk¢eping and payroll 3,988 1,107 1,220 619 8.073 3.500 87 1,250 8.540 15,007 13.377 NET INCOMFJ(EXPEf4DrruRE) Net incom¢l(¢xp¢nditure) is sthted after chargingl(crediting): 5.4.25 5.4.24 Independent ¢xamiTJerfs rernuneration Depreciation- owned assets Rent 3,988 221 48,557 3.500 221 68,745 TRuEES, REMUNERATION AI¥D BENEFf13 There were tswte¢s' r¢munerntioA or other benefits foT the year 5 April 2025 ror for the year ¢nd¢d 5 April 2024. Truste expenses In the year etmled 5 April 2025. £1.220 (2024- £12501 Icimbursed to two (ntte$. io. srAFF COSTS 5.4.25 5.4.24 Wages and salaries Social secuTity wsts Otherpension costs 554,053 50,094 17,411 524.640 45,152 16.280 621,558 586,072 The average monthly nurnber of employees during the year w&8 a8 follows.. 5.4.25 12 5.4.24 12 Employees Page 15 ¢ontinued...
SENSE ABOUf SCIENCK NOTES TO THE FIIYANCIAL STATEMENfs- continued FOR THE I'EAR ENDED S APRIL 2025 AFF COSTS- coDtiDlled The number of ernployees whose employee benefits (¢xcluding ¢mplOy¢rpeI0ll costs) ex¢¢ed¢d £60,000 was.. 5.4.25 5.4.24 £60,001- £70,000 £70,001- £80,000 £130,001- £140.0) St*ff redundgney Yrnents During the year paym¢nts tothlling £2,154 of paym¢ttts %we rnade {2024 - £nil), of wthich £1.077 wer¢ contraclual and the remaining £1,077 we notSta1utory paymen ii. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACIIVITIES UnTestri¢ted fi]nds Restricted funds Total fi]nds INCOME Af4D ENDOIIThIENTS FROM Donations and legaeies 308.586 308,586 Charil4ble activltlej Projects 149.350 288,810 438.160 Investment in¢om¢ 3.482 3,482 Total 461,418 288.810 750.228 XPEf4DrruRE or4 Futidrai%in8 projects 11.340 13,340 Ch•rit#ble adfvlties Projects 579.032 223,194 802226 Total 592,372 223.194 815,566 r4ET INCOMEI(EXPENDITURE) (130,954) 65.616 (65,338) RECONCILIATION OF FUNDS Total ndS brought foThvard 388.498 76.536 465,034 TOTAL FUNDS CARRIED FORWARD 257.544 142,152 399,696 Page 16 continufyl...
SENSE ABOUT SCIENCE NOTES TO THE FINANCIAL sfATEMENTS- cokntinued FOR THE YKAR ENDED S APRIL 2025 12. TANGIBLE FIXED ASSETS Office equipm¢nt COST At 6 ApTiI 2024 and 5 April 2025 6,189 DEPRECIATION At 6 April 2024 Char8e for y¢ar 5.968 221 At 5 April 2025 6.189 NET BOOK VALUE At 5 April 2025 At 5 April 2024 221 13. DEBTORS: Amouiyfs FALLING DUE wrrHIN ONE YKAR 5.4.25 5.4.24 Operating debtOf5 Other d¢btors 39,723 1,000 86,581 38.329 40,723 124,910 14. CASH AT BANK AND IN HAND 5.4.25 5.4.24 Lloyds Register Foundation General fut Peritia Total fimds Totsl funds lftterest savings a¢¢ouDt Bank crrent acc4)unls Euro a¢count 222,011 9.120 4,951 157,214 379.225 9.120 4,951 259,581 21,864 69,756 236.082 157.214 393296 351,201 Page 17 continued...
SENSE ABoirr SCIENCE NOTES TO THE FINANCIAL sfATEMENTS- totttinued FOR THE YEAR ENDED 5 APRIL 2025 15. CREDrroRS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 5.425 5.424 Op¢rating Creditors Social security and other taxe5 Oth¢r Creditors 34,519 13,936 12,165 50,485 13,778 12,373 60.620 76,636 16. LEAStNG AGREEI¥IETrrrs Totol opemitig lease Commitment at the Yearj 5 April 2025 is £68,062 {2024: £122,512) thle as folk>Ths: Within one year- £54,450 In one to flve years- £13.612 After fiv¢ Ye5- £nil 17. MOVEMENf IN FUNDS Net movemeDt in fijnds TrdtLsfcTS betwten At 5.4.25 At 6.4.24 Unrestricted funds General fund 257,544 {40,019} 4,674 222,199 RtStricted fund5 Peritia Lloyd5 Register Foundation 4,674 137.478 (4,674) 13.723 151,201 142,152 13.723 (4.674) 151,201 TOTAL FUTr4DS 399,696 (26296) 373.400 Net movem¢nt itt lld$, in¢luded in th¢ aE*)v¢ are as follows: IM)ming Movement in fidS expended Unrestrieied funds Gener fi]nd 490.623 (530.642) {40,019) Rtleted funds Lloyds Kegister Foundation 304.796 (291.0731 13,723 TOTAL FUNDS 795.419 (821.715) (26,296) Pag¢ 18 continued...
SENSE ABOUT SCIENCK NOTES TO THE FifiANCIAL sfATEMENTS- contillued FOR THE YEAR ENDED 5 APRIL 2025 17. MOVEMEIYT IN FUNDS- continwd ComparAtIv for movement in fwids rnovement in fidS At 5.4.24 At 6.4.23 Unrestri¢t¢d funrfs General fund 388.49¥ (130.954) 257,544 Restricted fuDd8 Peritia Lloyds RegiqterFoundatioo 9529 67,007 {4.855} 70,471 4.674 137,478 76,536 65,616 141152 TOTAL FUNDS 465,034 {65.338) 399,696 Comparative net movement in fwids, in¢luded in th¢ above are as follow: Incoming Rtsowtts Movement expended in fi]nd5 Unrestricted funds General fund 461.418 {592.372) (130.954) R¢stritt¢d fvn¢ts Peiitia Lloyds Register Foundation (4.855) {218.339) (4.855) 70,471 288,810 288,810 (223.194) 65.616 TOTAL FUNDS 750228 (815,566) (65,338) The Peritia restricted fund represents amounts rtteivd for citizcns w>rkslK)ps in tA>ndon in 2022 and user iesting of a Trnst Toolkit developed project partncrs ID Europe. The pmject now been completed with pemiission from th¢ main do the fund brought forward of £4,674 hs Lwn transf¢rTed to unr¢strieted fund5 in the year. The Lloyds Register Foundation restricted fund is for the projttt to develop understsDding of Risk Know How. The fund ha5 a balance Garried fonyard of £151.201 (2024.. £137.478). Pagc 19 continued...
SEf4SE ABOUT saENCE NOTES TO THE FINANCIAL STATEMENTS- eoNtitbUtd FOR THE YEAR EIYDED S APRIL 2015 18. RELATED PARTY DlSCtnSURLS During the year donation5 totslling £120 (2024- £120) weff received frotD the trllste¢5. Page 20
SENSE ABOUT SCIENCE DETAILED sfATEllfENf OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 5 APRIL 2025 5.4.25 5.4.24 INCOME AND Ef4DOWMEiYrs DotIOnS And legaeles Donations {iThcludin8 gift aid) 239,214 308,586 Investment in¢oMe Ballk iDterest 4,143 3.482 Charitable activilie5 Grants 552,062 438.160 Tot1 ineomiMg resourees 795,419 750.228 EXPENDITURE Raising donalioDS and leycies Wages Social security P¢nsions 12,714 .321 446 11,694 1.232 414 14.481 13,340 chribIe Activities Wages Social s¢cwity Pensions Rent, servi¢e ¢horg¢4 rotes ond ¢le¢tri¢ity IUranCe Computer and website T¢l¢phon¢ Postage and stationery Bank ¢harges Project lated expenses Excbange rate variances Repairs, renewa]s and equipnxnt OlCe equipmellt depreciation 541.339 48,773 16,965 48,557 2,332 22.914 505 3.798 512.946 43,920 15.866 68,745 1,315 43,621 291 5.367 435 94.023 1,043 1,056 221 97.616 4.673 4.134 221 792.227 788,849 Support ro$t$ Govtrnanee costs Ind¢p¢ndent cxaminerfs MUn¢tIon Board of trustees, meeting5 Trustees. expeJL%es Sutidries Bookkeeping and payroll 3,988 1.107 1.220 619 8.073 3,500 87 1.250 8.540 15,007 13,377 Total resources ¢xpend¢d 821,715 815,566 Net expenditiire (26.296) (65,3381 This 8¢ d(bES not forn) part of th¢ statutory fjnanciai alements Page21