Registered Charity no. 1155010
Registered Company no. 08370409
MathsWorldUK
(Company Llmited by Guarantee)
Trustee's Annual Report and Accounts
Year Ending 30th September 2025
MATHSWORllDUK'

MathsWorldUK
Year Ending 30th September 2025
Contents Page
Page
Legal and Administrative Infomiation
Tru5tees' Amnual Report
Stslutory Auditors Report
statement of Financial Activities and Income
and Expendilure Account
11
Statement of Financial Position
12
Statement ol Cash Flows
13
Notes to the Financial Statements
14

MathsWorldUK
Year Endlng 30th Septsmber 2025
Legal and Admlnlstratlvo Information
R•f•rencg
Thè Charity is ca118d'MalhsWorklUK Iref8rred to in parts of the report as"MWUK'I and is
registe￿￿ with th6 Charty Commi$slon ftsr England and wal￿ 85 ? charitsblo company limited by
guarantee.
Rggl•tgrgd Ch¥rfty Numbgr
1155010
Reg18tsr•d Company Numb•r
08370409
R•gl8tsrgd Ottlc•
Strlnger House
34 LuP￿n Slr¢$t
Leeds
LS102QW
Wob•lts
Th• Tru•t••8 •nd Dlr•ctor•
The Tru¥la&$ 4nd Dir8etors who ware in post during the financial year were as follo￿.,
Prol M 8rown 08E (Chair)
Dr C Yat8s
Dr J Abram5ky
Prol T Ward
Dr R Fiskan
$ H Clapham
Dr R Holland
IAr H Kyffin
Mr S Lewis
M$ L McClur8
Mr M Rushworth
Mr P Legner
Dr C 8ergamann
Mrs C Griffiths
Mr D C8118gh8n
R¥Jign¢d 23rd Fabruary 2028
Rosi9norJ 27 January 2025
Ra8ign8d 27 January 2025
Resigned 20 March 2025
Appolnted 11 Seplembor 2021
Appointed 15 Ftbruary 2024
Appointed 15 February 2024
Appointed 27 J8nugry 2025
Chlef Ex•¢utlvo Offle•r
Dr Kati8 Chicot

MathsWorldUK
Year Endlng 30th September 2025
Legal and Administrative Information
Prlm4ry Bank•rn
HSBC UK
1 Centenary Squara
Bimiingham
B1 IHQ
United Kingdom
statutory Audltor
Eli2abelh Lilloy
LMH Accountants Limitsd
Old Bank Chamb¥r8
582- 586 ￿'n9$bury Road
Erdington
Birm1ngham
824 9ND

MathsWorldUK
Accounts Endlng 30th September 2025
Trustees, Annual Report
The trustees present their report and financial statements for the year ended 30 Sept 2025.
obl+￿1ve$ and A¢tlvltl•8
The charity's objects are to advance the education ol the public in mathematics. We aim to achieve thi5,
ultimalety. through the ¢re81ion of the UK$ fir81 visrtor 8ttraction inviting young people and their families to
discover thejoy and power of rnathern8tiC5 through hands-on experiments and i*allenges.
In practice, ourwork involves creating engaging and aCLes5ible exhibitions and colledK)ns ol malhemkn"e
inleractives, Sparking excitement. cur195ity, and engagement with the wonders ol maths. We deliver playfvl
workshops and activiiies exploring exal'ng mathematical topics. This work takes place alongside furthering our
main mission by raising our public profile and building the business case for 8 nth"on81 M8thematics Discovery
Centre.
Mathscty was running for the duration of this repprt and ha$ rèceived over 50, 000 visitors since ts laurch wth
over 11. 500 this operational year. In its fourth year of operations Mathscity had over 2700 school visitors. In
addition, Mathscity wa5 rn9ved tg a nsw location in Sept 2025, and a second centre, Mathsworld, in London
launched in Ocl 2025.
Publ1¢ B$neflt
MalhsWortdUK works lorthe benefit ¢1 the general public by loslering a greater app￿datIon of. and interest in,
rnatrernatics.
Mathematic5 is incfeasingty important across many disopline5'. science. medicine, engineering. technology.
Communications. Al and Big D8t8. fin3nce, Èctsnomics and more. It is a fundamentèl tool enabling us to analyse
and comprehend the world around u5, and lo $olve some of the rnosl urgent problems faung society in today,
complex world.
Maths brings together essential ski115- in reasoning, creativity, abslracl and spatial thinking. critical thinking and
problem-501ving- that enable us to participate fvlly in socièty and to build fulfilling and resilient lives. The negative
economic. social, and health and wellbeing impacts ol ptsor maths skills in adult life are well evidenced. yet the
mathem8tics skills gap-the differenctr b$tween the numbers of mathematically literate peo￿9 that we need and
the number that we actually have- in the UK rern4ins too large.
We aim that our handS￿n activities in Mathscity and Math8Wodd should improve n8ti¢nal attitudes towards
Mathematics. This 2nd ultimately the creation ol the National Mathematics Discovery Centrt with hands•on
activities will then contribute significantly to Incro8$ing the proportion and diversity ol young peop18 èngaging
confidently wth mathematics and Choosing to cont'nue with mathematical study in further and higher education
beyond age 16 and into college and universty.
The INste&s have referred to the Charty Commlssion's guidance on public benefit in agreeing the charity's aims
and objectives and in planning its future actiwlies.

MathsWorldUK
Accounts Ending 30th September 2025
Trustees, Annual Report
Who engaged wlth #nd benoflted from our actlvltlo$7
In addition to our visitors lo M8¢hsCity previouyly noted, sirice our last report we have attended a r8nge ol
extern81 evenls both online arKI face io fac•.
We presented at..
maths sdwlars CPD event lor new maths teachers (IMA schem81 in York.
Talking M81hs in Public 202S
G18Stonbury 2025 a collabor81ion ￿th n&uro$cientist8 Scanning br8ins vthilst people tried
fvlathscity puzzlegl
Achlovam•nt• Pèrformance
As pèr our prlori1188 in our last year's rèport, our key achievernenls in the year included..
S•curing grants lor Malhscity and Malhgworld
Growlng our project through a bigger Malh$City and a second hands-on maths centr¢, IAalhsWorld. in
London.
Findin9 sil8$ lor Mathscily in Leeds and Malhsworld in London
Managing th& move ol Malhscity and th¢ IBunch ol Mathsworld
Maintaining Malhscity in Leed$ to offer irtSPlflll9 and engaging math8 experl8nces fer visii¢f8 of 811 ages
and backgrounds.
Further build the community around Malhscily, in particular through the City of Mathg project in Leeds
2026- 2027.
Develop the business plan for th¢ Malhsworld through the les8ons ol Mathscity.
Strengthenlng tha 8oard'5 oxpertise and organi5alional structures and c3pacity In order to ensure MWUK
is ready to managa the next stage ol the delw8ry ol Malhscity 8nd the Malh8m8lics Discovery Centre
Our prlorltle$ lor th• comlng year are..
Maintaining tho financial 8nd operational stability ol Mothscity in LeeiS8 and Malh3World in London to
offer inspiring and engaglng maths experience5 lor visitor5 01 all ages and back9r¢undJ.
Develop new contènt lor the fifth yesr ol Math$City and the first y8ar of Mathsworld
Further build the community around Malhscity and Malhsworld, including schools, local busines￿$ and
ndu8try
Develop the business plan lor the National Mathemabcs Oiscovery Centre through ttte lessons of
Mathscity and Malhsworld, including assossing the bènelils ol both location$.
Develop the donor base lor the Nation81 M*hern3tics Discovery Centre through the lessons ol Mathscity
and Malhsworfd.
Deliver a successful first ye8r of the cty ol Maths projecL

MathsWorldUK
Accounts Ending 30111 September 2025
Tru5te•s' Annual Report
Flnanclal Revl•w
The finall¢ial transactions of the ¢hafity dur￿9 th* year and the position at the end tsf the year are 3el Out In the
attached financial statements.
MalhsWorfdUK receives no ongoing core wblic subsity and continues to rety on project grants. donation$.
earned Income and the 3UPPOrt of partnets and volunteers io delNer Ils activities. During Ihe year the Charity
received total income of £1.444.046 an¢J mr3J￿8￿ ioial expenditure of £441,976. T¢Su￿ng In net income and nel
movement In lunds of£1,002,072.
The significant increa5* in income during the year was primari￿ dve t¢ restricted grant funding received towards
the developmtrnt ol malh5￿rId London a￿1 other prqecl a¢bvity. These lunds a￿ held lor the spec4fi¢ purpose5
sel by the fijnders and wll be apF4i¥d in fithure perhX$ as the retev8nt projects 8fe deliverèd.
In addition lo the ¢ontribvbon$ shown in the finonoal statement$. IAalhsW¢xldUK ￿ceived valubble in-kind
support from the Open Universrty and the UnLv¥r*ty of Leeds. In the form ol $tsff time 9ivan to public
engagement and outreach actiwty. Th& ¢harity 8150 benefited from the supptsrt of Individual volunteers helpin910
deliver and develop its Mathscity programmes. The largest i￿kind $upport was from Landsec. the venue owner,
whi¢h provided freè use olthe Maihscity premises until 31 August 2025. Thi$ donated use of wemi$es hAs bean
re¢¢gnised In the accounts al an esbmated valu¥ 01 £110.000.
Costs in¢urred in the period related mainly lo premises. sraffiThJ and seeondment Costs. oulrea¢h activity. conlenl
development 8nd the continuèd development ol MathsCIty and Mathsworld. Total expenditure lor the y*gr wa5
£441.976, 01 which £415,128 related to charitatle activths.
In the ¢omln9 year. fvndraising will focu$ on thg SUStain8b41ty ol both Mathscity afid ma￿$wOrld. The chority wll
81$9 Seek lo secure rèsources for 8 matherna￿ PlaYg￿und in Leeds.
Al tho end ol th8 year MalMsWorldUK hdd the folltrMrvJ ffinancs￿ posth"on'.
Funds hèld At 30 Sopt8mb•r 2025
Reslri¢ted funds
710.X6
Unre81rKted fund$. General fun¢Js
14,646
Unr&slTiCted funds.. Reswves
57,8(X)
Unrestricted fiJncS$'. Asset, exhibrtion and equipment fvjnd
4T5,￿9
Total unre¥trlcted funds
$48,015
Total fund•
1.258.321

MathsWorldUK
Accounts Ending 30th September 2025
Trustees, Annual Report
R•seTvas Pollcy
The trustees have agreèd th81 MalhsWorldUK should aim lo build and maintain free reserves èquivalant 10
approximately six months ol ongoing expenditure. The trustees consider this level ol reseroes to be appropriate
given the charity'5 reliance on project funding, the need to m8nage timing difference$ betwg¢n income and
expenditure. 8nd tht importance ol maintaining continuity in the operation and developm&nt of Malhscily and
Malhsworld.
AI 30 Sèptember 2025, the ¢harity held total funds of £1.258,321. 01 thi8 amount, £710,306 was held in restricted
fundg and £475.569 was held in the design8led asset, exhibition and equipment fund. represent￿n9 the net èook
value of thè charlty s fixed as5Éts. These amounts are nol trea18d as free resarves,
The charity's free r•seNes at the year end were therefore £72,446, cornprlsing gener81 funds of £14,846 and the
fund of £57,800. This ¢ompares with Iree reseryes 01£89.461 al the previous year ènd. The trustèes recognise
tmal the current level ol free reserves remains below the largel level ol six month3 01 ongoing expendilure and WIIS
cgnlinue lo seek to strengthen unre51ricted reserves as part ol th? charity's wider fundraising gnd su$tainability
planning.
The Iruslees ¢ontinuè to monitor the charity's re8&rve3 posltion regularly, taking into a￿Ount committed project
funding, expected lulure expenditure and the need to mainlaln sufficient fiexibilily lo respond 10 OPPOrtunllies 8n¢l
oper8tiona1 ri$Ks.
Struclur•, Govgrnan¢g And Managomont
MalhsWorldUK 16 a cornp8ny limrtecs by gUgranie$ Icornpany numb8r 083704091, Incorporated on 22
January 2013. It W85 registered è$ a charity (charity numbei 11550101 in November 2013.
The tru$lees, who are also thg director8 for tha purpose ol company law and who served durino the
year are Iisled on p. 1. None ol the trv$iees has any benalicial Interest in the Company. All the Trustees
are membèrs of the company and the liability of the members in the evtrnt ol the company being
wound up 1$ limited lo a sum not exceeding £1.
Membership of the Board is regularly reviewed lo ensure the right balance of ski115 and expertise. Now
Trustees wll be recruited in thè eoming year in preparation for increaged activity relating lo the
developrnent ol the mathemati￿ Discovery Centr&.
Th& charity is led by the Board of tru51ees which meets quarterly and is 5UPPOrted by three cornmittees
IDevelopménl, Programming. Financè and General Purposes Commitleesl. Day to day rnan8gemenl ol the
org8nisation is delegated to the CEO, who has an #uive rolo In delivering outrèach activity alongside a small
team ol voknnleers, while leading development work and lundr8ising lor the M8lhernati¢S Discov&ry Centre.

MathsWorldUK
Accounts Ending 30th Septernber 2025
Trustees. Annual Report
Trus￿8, Rosponslbllltles
The 2011 Charities Act require the Board of Trustees lo p￿pa￿ finanial statements for each finanaal year ¥thich
give a true and fair view of the state of the chanty as at the end of the finanaal year and ol the surplus or deficit of
the charity. In prepafing those financial ststements the Board 15 requ+red to."_
Select surtable accounting pdiues and appty them ￿n￿stenty.
Make judgrnenls and estim*ès that are reasonable and prudent
Prepare financial staternents on a going cfjrt8m baws unless rt is inappropriate to presume that the trust will
continue in existence.
stste whelher applicaNe accounting standards arKJ staternents of re¢ommended practice have been fOll￿ed.
subject to any material departyjres disdosed 8rMI ewaineil in the fina￿la1 Ststem￿ts'
The Iruslees are responsible for keeping prow accountsng records. whith disdose vthh reasonable aC￿racY at
any b.me financial pOS￿"0n ofthe Charity. They are 81s0 respwsiue lor safeguarding the assets of the trust
and hence for taking reasonab￿ 5tep5 for the prevention and detection of fraud and other Irregularrties.
R•Jw ￿Ik•n
Name ol Truste•lD5rector.
Slgned on Behalf of tht TrLtyts¢g1 Dlrectors:
Dat• of Approval:

MathsWorldUK
Accounts Ending 30th September 202S
Independent Audltor's Report to the Trustees of MathsWorldUK
Oplnion
We have audited th$ financial st818ments of mathsWor￿UK Ith8 'charity'l for th8 year onded 30 Sep18mber 202S
which compYi88 the 51&lementof finan¢i81 aclivilies, th& balanco sheet and notes lo th&finan¢ial 3tal8Tnenls, including
$19nific#nl accounting policias. The financi81 reporting framework that has been applied In their preparatson 15
applicable law antl United Kingdom A¢counling Standaids, indyding Fin8n¢ial Repprting standard 102 Th8 F￿nanCIal
Reporting Slzndard app11¢8ble in the UK and Republi¢ of Ireland Iuniied Kingdom Generally Accepted Accounting
Praclicel.
In our opinlon, the financial slalemenls..
give a true and fair view of the $lale ol the charilabb company's affairs as 8130 September 2025 and ol Ils
incoming re$our¢e$ and @pplicalion of ￿soUrCes, lor the y88r then 8nd8d',
hava been preperly prepar•d in accordance wrth United Kingdom Gènerally Accepted Accounting PACtice', and
ave begn prep8red in accordance with the roquiTemenW ol the Compen￿6 Aet 2008.
81118 for oplThlon
We conducled our audit In accordance with Inlernalion81 Standards on Auditing IUKI IISAS IUKII and applicab18 law.
Our re&pon8ibililie8 under tho$8 Stathdords ore further d•$crib6d in thé Audilorf$ responsibilities lof the audit ol thg
financi81 statements $oclion of our report. We are independent tsf the chBrity in accordane& wilh th8 ethical
requiramfjn18 Ih81 are rtrlevanl to our audil ol the financial sla16menls in the UK. including th8 FRC'S Ethical Slondard.
and wo have fulfilled our other glhical r88ponsibilities in a¢cordance with thes0 roquiremenls. Wè belleve that the
audit èvldenc• wo have obtained is $uffiti•nl ond gpproprialg tts provid• a basks lor our opinion.
Con¢lu8lon• rfjlatlng to golng con¢erft
In auditing the fin8n¢ial st¥lomenl$, we have concludad th81 the Tru$le•$' u8• ol the going eoncem bosi¥ of accounting
In lh6 prepai&lion ol the f5noncial statsm&nt¥ 1$ appropDate.
Bas8d on Ihtr work we havfr pertormed. w? have not identified 8ny material unc8rt8inlies relating lo èvènl¥ or
conditions that, indivi(lu8lly or etslleclively, may ¢o815ionificant doubl on thè ¢harily'& abi1ily to continue #s a going
concern for 8 P8fiod of al least Iwelv8 months from wh8D tho financial slat8ment¥ ore aulhoiig?d for i$su•.
Our r&8ponsibilities and the responsibilitiès of thè TfU8tees with r•specl to going concern are daserlbed in the ro18vant
8¢clion6 ol this report.
Oth•r Inlorniatbon
The other inforrnation Compris•$ th? informotion Includod In the annual report other than the financial slalemenl¥ arnd
ouraudilor'8 report Ihereon. The Truste83 art re$ponsib18 for the olh0rinformgtion Contained within the annual report.
Our opinion on the financial slaleman15 does rtol cover the other infomation and we do not expres5 any fom of
assurance ¢onclusion Iher8on. Our responjibilily is to read the other infom8kn.on and. in doing so, ¢onsid81 whether
the other informatign is m8leri8lly inconsistent with the fin&nci81 S￿leMentS or our knowledge Dbialned in the eour
ol the audit, or tstherwi$g 8ppears its b8 maleri811y misBlated. If we identify 8uch material incons1$1encies or appaf8nt
m8lerial rnis$t81ements. we reuvired lo delemina whelh8rthi$ gives ri$9 tD a material mi&ststement In the financial
51al8menl$ themselve5. 11, b858d on the work we have performed. we conelude Ihat there is a material misstalemenl
of this olhor informati?n. we are required to report that fact.
Vvg have nothing lo réport in thi8 regard.
Oplnlonl on othor rnattors pr•$¢riboO by th• Companle8 A¢t 2006
In Dur opinion. basèd on the work undert8ken in Ihe course of the audil..
the InforrDalion giv8n in thè trustees, report. prepared for the purpose3 of company18w. forthè financial year for
which Ihe financial Staternenls are prepared is con$islenl with the financi81 $laternenls-. and
the dire¢tors' report induded within the trustees, roport have been prepared in ac¢ordan¢e ￿th applicable legal
quirements

MathsWorldUK
Accounts Ending 30th September 2025
Independent Audltoff $ Report to the Trustees of MathsWorldUK
Mattsrs on which ￿ arg r•qulr•d to rnport by •x¢•ptSon
In the light of th8 knOw￿dge and undersland*ng of the company and ils environm80t obtsined tn tha course of the
avdil. we have not tilenlif*d matgrial rnisstatem¢rsts in ￿￿ Inj$t￿9. repo
We have nothing to report in respect of the fomrmifig mattws in ￿18￿0￿ towhlch Ih? Companie8 Ad 20C6 requires us
to report lo you if. in our llpinion..
adequate and prop•raGcounts'ng r•co¥ds h¥ve #otbeen kepL orrnlums adequate fOr0￿r audit hav8 be•n roC¢iV
Irom branches nol vigted by us", or
the financial Statements arn not in agrè•menl with Ihe •cc4unting r•eord$ and r•tum•,' or
eortain diido8ur•s ol tru5108¥' remun¢ratbon sperjfied by law ore nol made.. or
we have not T•cthved •ll the snform81ion and explana￿"0￿$ wg requirn for our audiu.. or
the trusiées were not •nlitled to prepare the financial statements ITh awrdance wilh the wnall comp?ni85 regime
and take advanla9o ollhè $mo11 compan￿¥. èx•mptior15 th pr•paring th• tru$tO05' lOPOrtand trom the rwuiremenl
lo prepare 4 str8iegic
RespoMlblllth• of TN•ts•
A$ explained morè fully in the slalemeni ol Tnjslees. respon5ibililies. Ihg Truslees. who are also tha direcloT5 of the
¢harity lor Ihg purpose of company law. ore ￿sPOnsIb￿ for Ihe P￿poratiOn of the fin8ncial $latemenl$ and lor b?Ing
Jalisfied that they give a tru8 and fair view. and fer suth intoinal conlrol 88 the Trustee$ delemin? LB necessary 10
enab￿ Ihe prepaiatjon olfinanual 51alements that are fr88 from matenal mi3$tslernonl. whether due lo Iraud or error.
In pr8p8ring the Iinan¢i81 $latsmen15, Ihe Truste•s 8re responsible for assessing th• charity's 8bility lo ￿ntinUe as
goin9 concern, dixlosing, 85 applicable, rnatters r¢lated to 90ing concern and ujing the going concern basis of
ccounling unless the Trustees èilhef Inlgnd to Widal• the tharitsble ￿rnPanY or lo owotion¥, or Vtave no
m81i$li¢ allernalive bul 10 do so.
Audltor'• To•pon•lbllltlo• for tho audlt ol th• Ilnancl*l •tst•m•nts
We have b¢en appointed as auditor under seclion 144 of Ihe Charitie$ Acl 2011 8nd r•port in 8¢c4rdance wlth the
Act and rebvant re9ylats.ons mth Of hawng •ffect the¥eunder.
Our cbjeclive5 are lo obtain rea50nati￿ assurance about whet￿r the finanual slalements #s a who1• a￿ freo from
matsrial mis518lemenl. whether due to fraud or errer. and 10 issue an audilorfs report thal includes our opinion.
Reasonable as$vrance is a high Ivvel of assurance bul ￿ not a 9uaranlee that an au#il condu¢led in accordance with
ISAS IUKI will alway$ delect a m8ieTral mis$tai•ment when it exists. Misslat•menls can anse from fraud or orror and
are considefed material if. individually or In the 8ggr¢9ate. Ihey ￿Uld re8$onably bg expe¢ted to influence the
economic deci￿n$ ol users taken on Ihe basi$ of these finanual slaiement5.
Thè axtent to which our pro¢¢durt3 are capable Oldete￿TrJ m9u18nb"e$. Induding fraud. is dtlalhd below.

MathsWorldUK
Accounts Ending 30th September 2026
Independent Auditor's Report to the Trustees of MathsWorldUK
A further deseription of our responsibilities is available on the Financial Reportin9 CouftrAI's webila al.. https'.11
w*M.frc.org.uklauditorsrg¥pansibililies. This descrfplon fom¥ p8rt ot our auditorf8 r8POrt.
This r8POrt Is made 5018ty tll the ¢harity'8 trust•es, as a body, in aexordancg with Part 4 01 the CharstYa8 (Accounts
and Reports) Regulatians 2008. Our audit work has b88n undertaken 80 that w• might 8tste to the ehariV6 IfU8188S
tho$e matters w8 Bre required to state to them in an audilorfs ￿port and for no other Purp￿8. To the fullest ext8nt
pernittgd by law, we do not 8CC8Pt or assume responsibility lo anyone otherthan the charity and the d)ari￿$ tru$t88S
as a body, for our audit work, lor Ihis rgport, or lor tho opinions we have formed.
For and on b8half of LMH Accountsnts Limited TIA T￿vor Jones & Co, Statulory Auditor
Chartered A¢￿untants
Old 8ank Chambers
s82￿6 Kingsbury Road
EFdington
Birrningham
824 gND
DatsO.rd Jol.126
LMH Aceountonts Lirnitgd TIA Tmvor Jone$ & Co 18 èfigiblè lor 8ppoinlm•nt a$ auditgr of the charity by viriuo of
Bligibility for 8ppointrnent as auditor of a compgny und8r Section 1212 olthe &mpanies Act 2006.
10

MathsWorldUK
Year Ending 30th September 2025
statement of FSnan¢ial Activitie$ and Income and Expenditure Account
2025
Unrestricted Flestricted
Funds
Funds
2024
Total
Funds
Totol
Funds
Note
Income
Don8tions and legacies
Activitles lor generating income
Other trading activities
Investment Incoma
Other Incoma
30.083
74.961
4.732
2,502
111,570
1,220.21x1 1,2SO,283
74,981
4,732
2,502
111,670
202,357
75.889
5,618
1,658
120,495
Totsl Income
223,848
1,220,200 1,444,048
406,017
expgndlturo
Expenditure on charil8blg activities
Cost ol oenoiating fund8
Govèmgnce costs
264,442
5,580
11,948
150,686
416,128
5,580
21,268
336,712
7,236
5,383
9,320
Totsl expendltur•
281,970
180.006
441,976
349,331
N•t Incomg I ID•llcltl
158.1221
1,060.194 1,002,072
56.686
Net Ineomo and N*t Movem•nt In Fund•
Total funds brought lorward
Transfers
15
15
177,326
428,811
78,923
1428,8111
710.306 1,258,J21
2S6,249
199.563
Totsl Funds Cirrl•d Forward
16
548,015
256,249
All income and expenditure derive frorn continuing gctivitie¥.
rha statern$nl is a comblnad Slalemgnt of Financial Acb'vilias and Income and Exponditure Account for th¢
purpose3 ol meeting both Companies Ad and charity SORP reporting requirgmonts,
11

MathsWorldUK
Year Endlng 30th September 2025
Stalement of Financial Posltion
2025
2024
Not•
Flx•d A•s•ts
Tangible fixed assets
11
475.$69
87,864
475.569
87,864
Curr•nt A•uts
Stock
Dgbtors
Cash 01 bank 8T￿ in hand
12
13
1.500
642,884
257,553
2.982
31.002
147,244
901,737
181,228
Cr•dltor•'. Amount# Falllng Du• Wlthln On• Y•ir
N•t Curr•nt A*i•ts
14
118,98S
782.752
12,843
168.385
Tot¥1 A#••t• L•#• Curr•nt L1•bIl￿
1.258.321
256,249
N•t A•••ts
16
1.258.321
256,249
Fund• Of th• Charlty
Re51ndèd lunds
Unrèstricted funds
710.3C6
548,015
78,923
177,326
15
Tot•1 ChArlty Fund•
15
1,258.321
256.249
Dlr•etor• R••pon•lbllltlo•
The finAnci81 siaiemnls 8ppvov&J ty ihe INslees. •re ¥ao ¢Jwecth ollm th¥rtat4• eompany forth¢
PU￿0$85 of company kn. outhyls¢¢ for
The IrusteÈi acknowledge Ihvir r¢&pOnsIbq￿¢s for comthry hiih Ihe reqU*em￿lS of th• Cfynpan*s Aci 20C6
Ilh ro$peci to 8CCDL¥)bThJ recryds èThJ Ihe y¢paralKffi of fThncaal siiiemenh.
These finon¢i0l 8tatenEnt6 have b••n w8parefj In •cDyd•nte *llh I￿ prtyisiom •pr4￿ble lo ¢￿Pank￿l subject
to the $mall coryaroes. •nd *ilh FRS 102 aTh1 th¢ Charl1* SORP (FRS 1021.
Nam• of Olr•clor:
Rog•T Fi•k•n
Slgned on Beh#W of th• Dlr•etor•:
Doto olApprov41:
7.2028
R•gl•tor•d Company no. 08370409
12

MathsWorldUK
Year Endlng 30th Septembor 2025
Statement of Cash Flov
202$
2024
Cash Flows From Opèratlng Actlvltlè#
Ng1 cash provid?d by luyed inl op8ratitig scts.v1￿es
S51.829
84,475
551.629
84,475
Ca¥h Flow• From Inv••llng A¢tlvltlo¥
Inlèr¢$l
Purcha$9 of tangible fixed assets
Net cash provid9d by (used Inl Invèsting activitiès
2.502
1,658
1443,8221 145,7941
1441,3201 144,1361
C4•h Flow8 From Flninclng A¢tlvltlo8
Net proceeds from btsrrowings
Net cash provided by (used in) finMn¢ing a¢t&v￿&S
Ch8ng8 In cash and cash 8qUiV81enlg In the reportin9 pariod
Cgsh and cash equivalents at the beginning ol tho reporting period
Cash and Caih Equlvglents at th• end of thè R•portlng Pertod
110,309
40,339
147,244 106,905
257,1503 147,244
R•¢onclllallon ol N•t Mov•m•nt In Fund• lo Not Ca•h Flow From Op•ratlng A¢tlvltle•
2025
2024
Nel movement in funds lor the reportlng period la¥ par the
slalemenl ol financial a¢tlvilie$l
1.002,072
58,686
AIYju3lmÈnls for,.
Interest rec6iv8d
Dtrpreciation of tangible nxed assets
IlncreasellDecreasè in stock
Ilncr8a5ellDecre83e in debtors
IncreasellDeGr¢a$al in ¢￿￿[tOrS
Not Cash provided by lusgd inl operats'ng 8clivits"•s
12.5021 11.6581
56.117
47,161
1,482
12.9821
1611,6821 117,4671
106.142
2,735
551,629
84,475
Analys19 tsl Cash and Cash Equlval•nls
2026
2024
Cash at bank
257,553 147.244
Tot81 cash and ¢a$h equivalents
257,5S3 147.244
13

MathsWorldUK
Year Endlng 30th September 2025
Nots8 to the Financial Statemonts
l Accoun￿n9 Pollcles
8a•l8 of Pr•paratlon
The financial stalernents have been preparèd in aceordanea wrth Aceounling snd Reporting
by Char4ties'. Ststèment ol Rècornmended Practic8 applicabl8 to charities prepgring ttteir
account$ in accordgnce with FRS 102, th8 Financial Roporting Stand8rd appli¢8bl8 in thg
UK and R$public ol Ireland, the Charities Act 2011 and the Companies Act 2006.
A8•o8smont of Golng Concorn
Prepargtion ol Ihg accounts Is on 8 goiw concèrn basis. The tru81ees eonsider that the
are no rnaleri81 uncertaintie$ about the ChaTlty'S ability lo cont4nu8 8$ a going concem.
Fund Aecountlng
Unre51iicted incomè fund$ comprlsa ihoso fund$ which the Irustegs are free lo use lor any
purpose in luthorancé ol tha charilatilg objecls. Unrèstrictèd funds inclucle d6signatod
funds wher8 the truste83, at th8ir discretion, have sot 89ide rgsources lor 8 speeific
R68tricted funds 9re funds which 8rè to bo used in 8c¢¢fdane8 W1th speciflc restrlctions
imposed by the donor or thè term 91 spg¢ific appeal.
Furthor explanati¢n ol tre natura and purptss8 of 08ch fund Is Includod in th• nots$ to the
8ecount$.
Inctsmlng Ro8oure
All incoming re¥ourc9$ are r0cogni$ed onea the ¢harily has entltlement lo th8 re$ourc83, it
18 probable that the resourcès will be received, and the monotgry value ol inc¢mino
resources can be maasurad wilh sufficiènt reliability.
• All volunt8ry income is reeognised 85 donations and Is Included In lull, wth 88socialad
Gift Aid rec¢ivablt in tha Stslement ol Financial A¢llviti8S.
• Granls, whtrr? entitlement is not condits.onal on Ihg dalivery ol spècifi¢ pertorrnan¢8 by the
charity, are racognised when the charity beeomes unconditsonally entitled to the grant.
Income rèsouices from charitable Iradin9 actbv1t￿$ such 95 mathemats.cy experiencès and
octs"vitiès are accounted for when Invoicès are drewn up las the point of 8ntitlementl.
Donated strrvices and foci11ties are included 8t the value lo tho charity where this can be
quantrfied,
Glfts in Kind are acctsUn￿d for 31 a reasonable asbrnata ol Iheir value to th8 charity or tho
amount actually roalised.
Volunt98r tirng, the value ol voluntary supportfor the WOfK ol tha Charity is not included in
the accounts bul is described in ihe notes lo the accounts.
Inve6tm8nl Ineome is Included in the account5 when rac81v8b￿.
14

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financial Statements
Rg¥ourcos Expended
EXpendrtU￿ Is recogniswj on an a¢cTual basis as a liability is incurred. Liabilib"es are
recognised where It is more likely than not that thé￿ is a *al or ￿nstrUctive obl￿atIon
commitb"n9 the charity lo pay out Ihe resources ancl the amount of the oblKJatson tan be
m8asLtred with reasonable certainty.
Gov•mance Costs
Governance costs 5nclude costs of the preparHtion and examinats.on of statutory accounts,
the costs of the trustees, meetsngs and the cost ol any ￿gaI advice to trustees on
governan￿ or con5titub"tsnal matters.
Liablllty Recognition
Liabilities are recognised as soon as there is a legal or construcbve oblKJab"on commtth.ng
thè charity to pay out resources.
Tanglblo Flxed As¥èt$
l assets are capitalised and at historic Cgst for rtems over the value of £1.000. Fsx8d
assets are 3tated at cost less accurnulated depreaation. Depreciation ts charg8d on
fUrn1t￿re and equipm8nt which is written off on a stravJht4inè basis over the estimatgtj
U581ul lilets.me of the asset.
Equipment
B8ts¥een S and 10 years straight-line
Office Equipment
4 years Straioht-line
Computer Equipment
4 year5 StraKJht4ine
Maths Cty Fixiure5 and FitbrKJs 8eN¥eèn 4 and 10 year5 straight4ine
stock
Stock 15 valved at the lower cost and net real¢Sab￿ valu8. Cost compnses the purchase
price, tn¢luding any IncBJental costs incurred to bnng the goods to thei¥ ￿r￿nt loc2b.on and
condition ftsr sale. Net realisabk value 15 Ihe estyrnaied selling price in Ihe ordinary course
of business, les5 estimated costs of completion an¢J $ell￿ng expenses. Stock is reviewed
3nnually. and provisions are made for ¢*)solete or sbw4nO￿ng items where necessary.
Operating Leases
Rèntal charges payab￿ under operth.ng kase5 are charged on a straoht line basis over
the t8ms ol the lease.
Taxatlon
The charity is exempt from corporation tsx on it5 tharilable activitie5.
L•gal Ststus of the Charity
The chanty is a company limited by guarantee and has no sha￿ c3wt31. In Ihe event of the
chanty being wound up, the liabilty in respect ol the guarantee is limited to £1 per member
ol the charity.
15

MathsWorldUK
Year Endlng 30th September 2025
Notes to the FlnanGial Ststements
2 Analysis of Income
Unrestricted
Funds
Restricted Total Funda
Funds
202S
Donations and Legaeies
Donations & gift aid
Grants
30,083
30,083
1,220,200
1,250.283
1,220,200
1,220.200
30,083
Actlvitiès for G•n¥ratlng Incom•
Math5 City School groups
Maths City ticket sa￿$
15.258
59,703
15,2S8
59,703
74,961
74,961
Other Tradln9 Actlvltlgs
Math5 City Shop sake5
4,732
4,732
4,732
4,732
Inv•$tmènt Incom•
Bank Interest
2,502
2,502
2.502
2,502
Other Income
Othèr income
Donations in kind (Donated prtrmisesl
1,570
110.000
1,$70
110,000
111,570
111,570
Total Income
223,848
1,220.200
1A44,048
16

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financial Statoment$
Analysls of In¢om• Cont.
Unreslridgd
Funds
Restricted fot81 Funds
Funds
2024
Donatlon¥ and L•gaclg8
Donations & glft aid
Grants
19,842
10.OOD
19.842
182.515
172,515
29.842
172,515
202,357
Actlvltlej for Gèneratlng Incom•
Mathy City ts'ckèl sales
Maths Clty sponsorshlp
13,871
62.018
13.871
62,018
75.889
75,889
Othor Tr•dlng Actlvltl•¥
Maths City Shop Sales
5,618
5.618
5,618
5,618
Invo$tm•nt In¢om•
Bank intere31
1,658
1.858
1,658
1,658
Other Incom•
Othar incorna
Donation$ in kind (Donalad premi¥e$l
495
120.000
49$
120,000
120,495
120,495
Total Income
233,502
172,51 S
406,017
17

MathsWorldUK
Yoar Ending 30th September 2025
Notes to the Finan¢lal Statoments
3 Expendlture on ch•rltsbl• actlvltiès by fund typ•
Unrestrictsd
Funds
Restricted Total Fund¥
Funds
2025
1,455
6,992
127
133,722
S6,117
317
Adminlstration costs
Advertisement co$ts
Bank ¢haTgeg
Content devalopmant Ilncluding 5tstt co$t tirnèl
Depreeiation
Donor ralatigns
Future development Costs
Prgmisej cost$
St8ff relalod co$ts
Staff galaries and $oc¢ndmont co319
1,455
6.557
127
43S
133,722
S6.117
317
18,529
143,473
724
72,201
415,128
126,944
724
72,201
264,442
160,688
Unrestrlcled
Funds
R*stri￿•d Total Fundy
Fund$
2024
Administr8tion ¢ost8
Advartisem8nl costs
Bank charges
Contont dev8lopm8nt Ilncluding stsff cost timel
Depr8Ciation
Donor relations
Futurè d8velopm¢nt costs
Prarni$ès cg8ts
s￿tr relatad costs
Staff salarles and 8e¢ondment cost8
1.810
4.210
196
76
2,781
1,888
6,991
25,829
25.829
47,1e1
7,868
50.836
132,736
723
62.686
336.712
47,181
7,888
50,836
3,850
128,888
227
4s,626
17,0S8
235,786
100.928
18

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financlal Ststements
Capltal ExpondltUTe Incurred
Due to tt)a way capit81 assets are accounted lor under th& charity's SORP FRS102 the assets
purchased dufing the year are not captured with charitable activity èxpenditure They are shown as
additions with thè fixed 8s¥el note (see nole 111. The valve of the asset$ is written down 8S
expenditure against thè fund they were purchased from as deprecation over the useful life of the
asset, The following tsble outlines the assets purcbased and the deprecation which has been
ch8ng8d to the relevant funol.
2025
2024
Exhibition equipment & fil out costs incurred
443,822
45,794
Depreciation Change
56,117
47,161
4 Co¥t of Generntlng Fund•
Unrestricted
Funds
Rastricted Totsl Funds
Funds
Z025
Math5 City shop purchases
5,580
5.580
5.580
5,580
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Maths City shop pur¢h8ses
7,039
7,039
197
7.236
197
7,236
19

MathsWorldUK
Year Endlng 30th SeptembÈr 2025
Notes to the Financial Statements
5 Gov?Tnancè Co$t
Unrestricted
Funds
Restri¢tsd Totsl Funds
Funds
2025
Insuran￿ colts
al & professional lees
1,000
10.948
4,075
5.245
5,075
16.193
11,948
9,320
21,268
Unrèstricted
FuTrd5
Restricted Total Funds
Funds
2024
Insurancè costs
Legal & professional fee$
1.242
3,224
1.242
4.141
917
4.468
917
5.383
6 Volunt8•rs
Outside ol the executive committeè, trustees and clirector5 who ère all volunteers, the chsrity has a
body ol voluntèers who help run arid facilitate the festivals and exhibitions. Morè details Can be found
in the tiustees, report In relation to volunteers who support the charity.
7 Donated Glfts and Servlees
During the year the charity raceived 3 girt in kind for the use ol pretnises for Maths City. The
preTniSes have been provided free of charge wth an estimatèd annu31 rèntal value of £1 10,000 per
year. £1 10,DOO has been recogniseLI as both an income donation and an expgnse in the ye8r in linè
wrth the Charities SORP guidan¢8 on gifts in kind.
8 Indgp8nd•nt Exafftinalion and Statutory Audlt F•ès
Fees payabk to the indèpèndent exarniner for..
2026
2024
Statutory audit lees
Independent examination and preparation of the financial
statements
Payroll 8nd VAT support seNces
7.000
1,200
2.315
2.280
20

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financial Statements
9 Slaff Co¥ts
The total stsff costs and employeè benefit5 forthe reporting period are ansFysed as follows..
2025
2024
Wages 8nfJ salaries
Soeial security costs
Employer contributions to pension plans
79.719
61.960
1,050
726
80.769
62.686
Of the total staff costs disdosed abov6, £8,58812024". £nill has been allocated to content
development costs within expenditure on charitable activities. Th8 remaining £72,201 12024".
£62.6861 is Included wrthin staff salaries and secondrnent eosts.
The average headcount ol employees during the yearwas as follows..
2025
2024
Average hèad￿Unt
15
Number ol employÉes who received employ8e benefits of mor¢ than £SO,000 during the y6arwas as
follows..
202S
2024
More than £60,000
Key Management Personngl
The charity considers Ils key management personnel to be the CEO. Due to the secondment
arrangement, one month ol secondment costs w8r& included in the acoounls lotaling £3,175 During
the period up until the 31st of Au9USt 2025 no secondrnonl arr8ngemènt was in place and time was
given by the CEO voluntsrily in running tho charity.
10 Trustee Expènses
During Ihe y88r one trugtee12024.. twol. incurrèd out-of-pocket expenses whieh were incurred in thè
ordinary iunnin9 of ihe chanty for confergnce fees and 8dministrètive expenses. The total lor the year
wes £3512024. £4981.
21

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financial Statements
11 Tangtble Flxèd A¥splg
Maths City
Exhibition
Office
Computèr Fixtures and
Equiprnant Equipment Equipment
Fittings
Total
At fj October 2024
Additions
207,110
250.287
3,621
727
34,379
193,535
245.837
443.822
689,659
457,397
3,621
727
227.914
Depr•c5ation
At 1 October 2024
Charg8 for ￿lS year
140.390
48,845
2,912
532
727
13,944
6,740
157,973
56.117
214.090
189,235
3,444
727
20,684
Carrylng amount
At 30 Seplembtrr 2025
At 1 October 2024
268,162
17Y
207,230
20,435
475,569
66,720
709
87,864
12 Stock
2025
2024
Stock held
1.500
2.982
1,500
2,982
13 Debtor8
202S
2024
Trade debtors
Accrued income
Prepayment
VAT reclaim
706
500.000
87.530
54.448
5.146
24,857
1,000
642,684
31,002
22

MathsWorldUK
Yoar Ending 30th September 2025
Notes to the Financlal Statements
14 Cr•dltovs'. Amount8 Fallln9 Due Wtthln Onè Yèar
2026
2024
A¢¢ru¥l$
Other tax
118.199
786
11.085
1,779
118.985
12,843
15 An•ly$l¥ of Chayltable Fund•
1 Oct 2024
Income Exp¥ndiluT¢
Transfers 30 Sopt 2025
Unrostrl¢l•d Fund8
Gonèr$l funijs
FI086Tves
31,681
57.800
223.848
1225,6531
115,0101
14,646
57,800
Dg•1onated Fund8
Asset. exhibition and equipment
fund
87,865
156,1171
443,821
476,569
Totsl Unrnstrlct•d Fund8
177,328
223,848
1281,8701
428,811
$48,015
R••trlct•d Fund•
Maths City Exhibit Grant
Future d8velopmènl
Soclal rnedia grant
Codobroaking oxhibits
Intemal wave8 exhlbil
City ol maths
Green Man festival grant
Mlnd and Machlng Exhibits
Mathsworld London Legner
Mglhsworld London Bèrgemann
MalhsWorli¥ London QRT
Mathgworld London CIVA
Malh$World London Oelo
Mathsworld London G-R85ear¢h
11.308
4,164
470
43,035
5,873
113,6231
2,31S
1,321
5,485
36
4,423
14351
112,69Ql
125.9131
15,2421
132,2491
1es.000
166,2341
11,0551
18.2391
137,8501
120,4751 1139,1161
11.1871
121.4941
129.8011
132,8891
14,3041
194,7371
11.7231
142.9571
66,517
13,218
9,111
40,409
27,319
237,510
9S9
14,273
55.200
200.000
50,000
300.000
100,000
50,000
300,000
8,320
300,000
Totsl Ro8trlctgd Fund$
78,923 1,220.200
1160,0061 1428,8111
710,308
Totsl Fundj
256,249 1.444,048
1441,9781
1,258,321
23

MathsWorldUK
Year Ending 30th September 2025
Notes to the Financial Statements
Fund Tr¥nsfors 2025
During the financial year. 0 number of fixed assèts wer$ pur¢ha8ed from the following fund5.' Chaots"c
Earth exhibit, Codebrèaking exhibit, Gamè ol Life. In￿rnal waves exhibit, M8thsCIty exhibit and
Transport exhibit funds. At the point ol purchase, th8 ossets are then held within the asset-
designated fund, To rellecl that the asy8ts have bgèn purchased Irarn the restrict•d fvnd, transfers
for the value tsf the gssats have bèen made to the asset designated fund.
An•lysl$ ol Charft8bl• Fund8 Cont.
1 Oct 2023
Incom& Expenditure
Transfer$ 30 sèpt 2024
Unr•itrl¢ted Fund•
General fun4s
Re$grve8
se,08g
233,502 1200,1301
157,8001
57,800
31,661
67,800
De$lgnat*d Fund•
A3sei, exhibits.on and equipment
fund
89,233
147.1611
45,793
87,865
Tot•1 Unro?trlctod Fund$
146,322
233,502
1247,2911
45,793
177,318
R•strl¢t•d Funds
Chaotic Earih exhlblt grant
City ol math5
Codebreaking exhibits
Content develc)pm8nl
Game tsl life
Graen fe$tivA1 gr8nt
Internal waves exhibit
MathBCity exhibit grant
Mothscity running costs
Simon Norfflan prize
Social media granl
Transport ¢xttibit grant
Tot¥1 R?$trlctod Fund$
15,007
114.1961
27,600
46,000
55,000
2,000
3,700
11,500
113,3271
14,273
41,980
4,164
14.0201
150.8381
12501
12.6451
11.7501
1,060
6,673
11,308
15,8271
110,0001
29,234
17.9261
125,0001
18701
13751
25.000
870
470
10.000
110,0001
146,7931
S4,241
172,515
{102,040
78,923
Total Fund•
199,563
406,017
1349,3311
2S6,249
Fund Tran#t•rs 2024
During the financial year, a number of fixed assets ￿re purchased from tha following funds.. Chsotic
Earth exhibit, Codabreaking exhibit, Game of Life, Internal waves exhibit, Mglhscity exhibit 8nd
Transport exhibit funds. At the point of purchase, the assets are then held within the asset-
designated fund. To reflect that the a$sets have b8en purchased from thé restricted fund, transfars
for the value ol the assets have been made ta the assat de5ionated fund.
24

MathsWorldUK
Yoar Endlng 30th September 2025
Notes to the Financial Statements
Fund Oeserlptto
D8slgnat•d Fund$
Asset. exhibits.on and equitment Fund ty hold organisation's assets at net book value.
fund
R•8trf¢t•d Funits
Chaotic Earih exhibrt grant
City of maths
Codebreaking exhibts
Content developmènt
Game of life
Green man festival grant
Grant to develop new exhtr)ibons for Mathscty
Grant to ueate a three year programme of maths outreach actiwty
Grant to develop new exhib￿On5 for Mathscity
Grant for the creaton of new exhibits
Grant to dèvèlLV new exhibits.ons lor Malh5C*ty
Grant to devèltsp and tske maths actiV￿e5 and bratn scanners to a
f•sb"val
Internal wave5 ethibit
Grant to develop new exh(ofa"ons for Mathscty
Mathscity exhibit grant
Grant to esiablish and devel￿ tme exhibits at Math5Cty
Math5City running eosts
Grant to support Mathscty tunn¢TrJ Ixssts
Simon Nomian prize
Grant to set up a prize lor maths outreath intemats.onal
Swal media grant
Grant to create mathematic5 social media content
Transport exhibit grant
Grant gNen to purchase ethityt
London 9rant
Fund tg establish Mathsworkl London
MathsW¢)rtd London ts3rer
Grant to establish Mathsworkl London
Mathsworkl London Bèrgemann Grant to establish Mathsworkl London
Mathswortd London QRT
Grant to establish Mathsworfd London
Mathswortd London CIVA
Giant to establish Maihsworhy London
Malhsworkl London Delo
Grant to establish Mathsworkl London
IAathsWorhJ Londoo G-Re￿arth Granl to esto￿lsh Mathsworld London
25

MathsWorldUK
Year Ending 30th September 2025
Notes to tho Financial Statements
16 Analy$ls Of Net Assets Betwmn Funds
Unrestr1￿ Restricted Totsl Funds
Funds
Funds
202$
476.569
901.737
1118,98SI
1.268,321
Fixtd assets
cU￿￿t assets
Credr(ors less than 1 year
475.569
191.431
1118.985)
548.015
710.3C6
710.306
Unrestricted
Funds
Restricted Total Funds
FuDd$
2024
87,86S
181.227
112.8431
2S6,249
Fixed assets
Current assets
Creditors less than 1 y8ar
87.865
102.304
112.8431
177.326
78,923
78.923
17 Relat•d Partie*
There were no related party transactions Ihat pla￿ duriThJ thè year12024". NIHI.
18 Op•r¥ting Leases
At 30 September 2025. the charty had ftthsre rninMn(m ￿Sse payments ￿￿er non-cart&llab
cpeTabng 1gase5 as follows..
2025
2024
Not lat&r than one year
Later than one year and not latef than fve years
175,220
277,810
453.030
The charitys operdtingloase ¢<Hnmilments ￿la￿ to premises used ftsr Mathsworld in Londoft and
Mathscty in Le8ds.
26