## **IMAGINEERING FOUNDATION Annual Report 2023-24** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** R W Shanks, Chairman A Conway D Archer Treasurer I Nussey A Glover R Young ## **Charity number CIO** 1158003 ## **Principal address** 4 Ashfield Road Kenilworth Warwickshire CV8 2BE Great Britain ## **Registered address** MTC Services Ltd Ansty Business Park Pilot Way Coventry CV7 9JU ## **Independent examiner** N Harris. 6 Mercia Avenue Kenilworth Warwickshire CV8 1EU ## **Bankers** Charities Aid Foundation ## **IMAGINEERING FOUNDATION** 11/09/25 RWS 1 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ ## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 30 NOVEMBER 2024**_ The trustees present their report and accounts for the year ended 30 November 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s Constitution, applicable law and the Statement of Recommended Practice:” Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014” ## **Structure, governance and management** The Foundation was established by a charitable trust deed on 11th June 2001 and has transferred to Charitable Incorporated Organization (CIO) on 1st September 2014. The Foundation's objects are for the public benefit, to advance the education of young people in engineering, manufacturing and technology by the provision of events and practical activities that will foster an interest in these subjects. There are no connected charities or companies. The trustees have assessed the major risks to which the Foundation is exposed by maintaining a formal Risk Assessment document, and are satisfied that systems are in place to mitigate exposure to those risks. The Trustees refer to the Charity Commission’s guidance on public benefit when planning activities. Trustees are appointed by the officers (Chairman, Treasurer) of the Charity according to their STEM credentials. Insurance cover for the Public/product/employers liability and Trustees Indemnity is in force appropriately to reflect the changed status to CIO. Risk assessments are carried out by well-established accepted methods for all physical risks for all activities. All legal requirements are met and all people working with children in after school clubs are subject to the Disclosure and Barring Service (DBS) as the renewals occur. Individual school requirements are complied with. Appropriate Safeguarding procedures have been implemented. Persons to undertake Imagineering Foundation Designated Officer (IFDO) and deputy have been nominated. Administration activities are undertaken from the Manufacturing Technology Centre, Coventry who kindly supports the Foundation with office facilities. Management data is maintained in cloud based Microsoft Office 365 with Sharepoint the main archive. The management data is backed up by independent means in addition to Microsoft’s standard procedures. ## **Objectives and activities** The Foundation's main activities are the running of - The operation of after school Imagineering Clubs. - Promoting and supporting the above by attending appropriate events ## **Introduction** 11/09/25 RWS 2 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ Imagineering and its activities continued to experience reduced numbers compared to previous years, having reduced significantly due to the Covid-19 pandemic and budget restraints in schools. The team continued to do its best to encourage individuals who had aims to encourage science and engineering in schools in their vicinity, using Imagineering kits. ## **FAIRS & EVENTS** Imagineering’s normal calendar of public engagements continued to be curtailed. However, a small number of public engagements were possible. MACH 2024, NEC – which had been re-scheduled for April 2024. Imagineering was able to showcase some kits with a stand. Stand space was made available and organized by Imagineering for both Coventry College and University. The College created a project in which they assembled selected Imagineering kits and set up a sales point on their MACH stand. This was extremely successful for the students and Imagineering – so successful that a college student was offered a job by one of the exhibitors. ROBOT DAY – Taken place on 16[th] March 2024, where Imagineering was named as sponsors but also ran a workshop with suitable projects. ## **IMAGINEERING CLUBS** All Clubs restarted in the Autumn of 2023 and ran until the Summer of 2024, with a number of schools across the country. The new academic year started for clubs in September 2024. Imagineering clubs also took advantage of opportunities to submit ‘Eddies Activities’ and ‘Maths Puzzles’ booklets online (social media and website) and individual activities- to assist with home-schooling. E-Warehouse in Kenilworth is still used as our main storage for our kits. They store, package and dispatch our kits to schools throughout the year. Swiss Imagineering Club in Baden has continued over the years under Gerhardt Schmidt. ## Promotional Activities Facebook and Twitter were used regularly to promote Imagineering where possible. The Imagineering web site is run on the Content Management system Expression Engine and our version of this became obsolete in 2023. Expression Engine is USA based with agents registered work on it. Fortunately there is a UK agent, Ryde, who we have used to to all the updates and transfers. Since our original web designer no longer operates we now have a maintenance agreement with Hyde. ## **Other Activities, Collaborations and Initiatives** MTC continued to provide Imagineering with generous support during the year, including office space and facilities for our Administrator. ## 11/09/25 RWS 3 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ The IMechE 2024 Alastair Graham Bryce Memorial Lecture was held at Cranfield University and online on 29[th] July 2024 with speaker, **Ian Joesbury on How AI might Impact Your Career** . It explored burgeoning role that Artificial Intelligence is playing in manufacturing, and the wider engineering profession. Many believe that AI will transform their working and home lives. This hybrid lecture was a personal view about how AI may impact careers for young engineers in the future, including some discussion on how AI works, it’s strengths and, it’s limitations. - (32) Alastair Graham Bryce Memorial Lecture: How AI Might Impact Your Career - YouTube Imagineering Foundation has continued financially supporting the education activities of the Manufacturing Technologies Association (MTA) as they have a long record of operating in this area. Also Manufacturing Technologies are the base from which Imagineering was formed and developed. Chairman’s Activities The Chairman has continued to work behind the scenes with commitments to a wide range of organisations, in ongoing support for all Imagineering’s activities, involvement in initiatives and administrative compliances. ## **Future** The strategy of the delivery methods is being reviewed with the increasing difficulty of delivering STEM in the commercial environment of reducing mainstream engineering. A donation activity to support the objectives of Imagineering has been established and the support of MTA education is active. ## **Public Benefit** The activities of Imagineering give public benefit by:- - Providing opportunities for children to increase their awareness and learning of engineering and technology. - Club activities increase children’s confidence - Enables companies to reach schools and colleges, enhancing career opportunities to young people. - Provides the means for engineers to contribute to volunteer life - Involves the family with education and career possibilities. ## **Financial review** A summary of the annual financial position at 30/11/2024 Income £62,167 Expenditure £121,939 Total Funds £317,150 11/09/25 RWS 4 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ Imagineering trademarks are registered for the UK , EU and Turkey for the protection of the brand. No reserves are held as the charity has no liabilities requiring reserves and the expenditure compared with funds indicates that there not a financial risk. The Foundation embodied the bequest of Dr Alastair Graham Bryce to a Trust for the purpose of protection of funds and the majority of the funds are held for investment by Canaccord Genuity. The Foundation has no other trusts or associated obligations. It depends on a team of volunteers who give their time freely. One of the uses of the Dr Alastair Graham Bryce Trust is the use paid services of publicity and clerical support to reduce the demand of volunteers. The Foundation collaborates with companies and other organisations that support its objectives or where working together would mutually benefit common goals. This collaboration takes various forms: a) providing a relevant activity for young people, by i) collaboration with and its member companies ii) running schools' Imagineering Clubs b) financial contributions.. External payments and transfers from the Imagineering Foundation accounts require authorisation by two of the three nominated signatories. As the trustees only commit expenditure when funding is secured, and there are substantial Trust funds, there is no requirement to carry large reserves. Overall funds have reduced this year as planned. The Independent Examiner has reviewed the financial processes and is satisfied with them. In meeting the HARM recommendations, Imagineering only receives income and funds from well recognised companies and organisations. Payments are to suppliers of services and grant applications. All grant payments are only made after a signed commitment of use is received from a responsible person. In the case of suspected fraud or money laundering, the policy of the Foundation is to immediately instruct the Banks to suspend all transactions. The Charity Commission has specified “15 Question that Should Be Asked” and the Trustees have reviewed these and have no immediate concerns but are concerned about the point identified under the heading of “Future” above. The impact of EU exit has been appraised as guided by the gov.uk web site. ## **Asset cover for funds** The Balance Sheet the SCORP accounts sets out the assets attributable to the fund, and confirms that these assets are sufficient to meet the Foundation's obligations. The Foundation has not undertaken any unwanted or onerous commitments or guarantees. The Foundation's assets have been revalued and in line with accepted current valuations an there are no non-financial assets. 11/09/25 RWS 5 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ ## **Charity Commission** The Charity Commission web site is regularly reviewed and appropriate action taken. Bribery and Risk policies have been introduced in response to this. The Trustees declare that there have been no serious incidents or other matters relating to the Imagineering Foundation over the last financial year. Any serious incidents that do occur will be reviewed by the Trustees and reported to the Charity Commission appropriately. On behalf of the board of trustees **R W Shanks, Chairman** Trustee Dated: 11[th] September 2025 11/09/25 RWS 6 Imagineering Foundation Charitable Incorporated Organisation No. 1158003 _www.imagineering.org.uk_ |**Imagineering Foundation**
**1087783**
Charity No
(if any)|**Imagineering Foundation**
**1087783**
Charity No
(if any)| |---|---| ||**CC39a**
Annual accounts for theperiod| |Period
start date|**12/1/2023**
**To**
**11/30/2024**| |**Section A Statement of financial activities**|| ||**Restricted**| |**Descriptions by natural**
**category**|Note
**Unrestricted**
**funds**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**| ||**£**
**£**
**£**
**£**
**£**| |**Incoming resources (Note 3)**|F01
F02
F03
F04
F05| |Interest and Dividends|- - 12,520 12,520 14,040| |Donations, legacies and Grants|35,417 - - 35,417 1,165| |Shop sales
Bank Interest|13,084 - - 13,084 11,535
1,081 - 65 1,146 698
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
~~Ee~~
~~a ee ee ee~~
~~ee~~
~~—————E————~~
~~eeee ee ee ee~~
~~———————~~
~~Ee~~
~~jp~~| |**_Total incoming resources_**
**Resources expended (Notes 4-7)**|S01 49,582 - 12,585 62,167 27,438
~~a~~
~~eee eee~~| |Administration Expenses
legal and professional fees
bank charges and interest
Donations and Grants
Bad Debts
IT Expenses|- 29,578 29,578 29,131
1,509 - 3,891 5,400 6,868
60 - - 60 61
72,100 - - 72,100 6,000
- - - - 557
3,743 - - 3,743 415
~~——~~
~~oo~~
~~a~~
~~es~~
~~J~~
~~pp~~
~~fp~~
~~Oe~~| |Goods for Resale
Office Expenses
Trustee Expenses|10,761 - - 10,761 10,399
152 - - 152 1,652
145 - - 145 245
- - - - -
- - - - -
~~a~~
~~a~~
~~ee~~
~~ee ee~~
~~ee~~
~~-———~~
~~or~~
~~—--—~~
~~+ —~~
~~ee ee~~
~~ee~~
~~ee~~| ||- - - - -| |**_Total resources expended_**|- - - - -
- - - - -
S02 88,470 - 33,469 121,939 55,328
~~—_—}—__}__+_}~~
~~esee ee ee eee~~| |**_Net incoming/(outgoing) resources_**|| |**_before transfers_**|S03 - 38,888 - - 20,884 - 59,772 - 27,890| |**_Gross transfers between funds_**|S04 - - - - -| |**_Net incoming/(outgoing) resources_**|| |**_before other recognised gains/(losses)_**|S05 - 38,888 - - 20,884 - 59,772 - 27,890| |**Other recognised** **gains/(losses)**|| |Gains and losses on revaluation of fixed|| |assets for the charity’s own use|S06 - -
- 4,361| |Gains and losses on investment assets|S07 - - 19,219 19,219 -| |**_Net movement in funds_**|S08 - 38,888 - - 1,665 - 40,553 - 32,251| |**Total funds brought forward**|S09 39,210 - 318,493 357,703 389,954| CC17a (Excel) 09/17/2025 1 _**Total funds carried forward**_ S10 322 - 316,828 317,150 357,703 CC17a (Excel) 09/17/2025 2 ## **Section B Balance sheet** |Note
**Total this year**
**Total last year**
**£**
**£**
**Fixed assets**
F01
F02
**Tangible assets (Note 8)**
B01
- -
B02
- -
**Investments (Note 9)**
B03
303,266 334,417
**_Total fixed assets_**
B04
303,266 334,417
**Current assets**
**Stock and work in progress**
B05
6,572 4,963
**Debtors (Note 10)**
B06
5,189 6,874
**(Short term) investments**
B07
- -
**Cash at bank and in hand**
B08
22,126 69,236
**_Total current assets_**
B09
33,887 81,073
B10
20,000 57,786
**_Net current assets/(liabilities)_**
B11
13,887 23,287
**_Total assets less current liabilities_**
B12
317,153 357,704
B13
-
**Provisions for liabilities and charges**
B14
- -
**_Net assets_**
B15
317,153 357,704
**Funds of the Charity**
**Unrestricted funds**
B16
322 39,211
**Designated funds**
B17
- -
**Total unrestricted funds**
322 39,211
B18
- -
B19
316,829 318,493
**_Total funds_**
B20
317,151 357,704
Signature
Date of approval
Signed RWShanks
9/12/2025
**Creditors: amounts falling due within one year**
**(Note 11)**
**Creditors: amounts falling due after one year**
**(Note 11)**
**Restricted income funds (Note 12)**
**Endowment funds(Note 12)**
Signed by one or two trustees on behalf of all the
trustees|Note
**Total this year**
**Total last year**
**£**
**£**
**Fixed assets**
F01
F02
**Tangible assets (Note 8)**
B01
- -
B02
- -
**Investments (Note 9)**
B03
303,266 334,417
**_Total fixed assets_**
B04
303,266 334,417
**Current assets**
**Stock and work in progress**
B05
6,572 4,963
**Debtors (Note 10)**
B06
5,189 6,874
**(Short term) investments**
B07
- -
**Cash at bank and in hand**
B08
22,126 69,236
**_Total current assets_**
B09
33,887 81,073
B10
20,000 57,786
**_Net current assets/(liabilities)_**
B11
13,887 23,287
**_Total assets less current liabilities_**
B12
317,153 357,704
B13
-
**Provisions for liabilities and charges**
B14
- -
**_Net assets_**
B15
317,153 357,704
**Funds of the Charity**
**Unrestricted funds**
B16
322 39,211
**Designated funds**
B17
- -
**Total unrestricted funds**
322 39,211
B18
- -
B19
316,829 318,493
**_Total funds_**
B20
317,151 357,704
Signature
Date of approval
Signed RWShanks
9/12/2025
**Creditors: amounts falling due within one year**
**(Note 11)**
**Creditors: amounts falling due after one year**
**(Note 11)**
**Restricted income funds (Note 12)**
**Endowment funds(Note 12)**
Signed by one or two trustees on behalf of all the
trustees|**Total this year**
**Total last year**
**£**
**£**
F01
F02|**Total this year**
**Total last year**
**£**
**£**
F01
F02| |---|---|---|---| |||-|-| |||-|-| |||303,266|334,417| |||303,266|334,417| ||||| |||6,572|4,963| |||5,189|6,874| |||-|-| |||22,126|69,236| |||33,887|81,073| ||||| |||20,000|57,786| ||||| |||13,887|23,287| ||||| |||317,153|357,704| ||||| ||||-| |||-|-| ||||| |||317,153|357,704| ||||| |||322|39,211| |||-|-| |||322|39,211| |||-|-| |||316,829|318,493| ||||| |||317,151|357,704| ||||| ||Signature
Date of approval||| ||Signed RWShanks||9/12/2025| ||||| CC17a (Excel) 09/17/2025 3 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); ü Accounting Standards; • and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act. [** except for the following]. _**Give details in this box if a different standard has been followed.**_ - -Tick as appropriate: - if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”; - if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick - “Financial Reporting Standards for Smaller Enterprises (FRSSE)”. ** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes. ## **1.2 Change in basis of accounting** There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following). ## _**Give details in this box of any material changes that have been made.**_ - § if no changes have been made to accounting policies then delete these words. ## **1.3 Changes to previous accounts** No changes have been made to accounts for previous years (§§ except for the following). _**Give details in this box of any material changes that have been made.**_ CC17a (Excel) 09/17/2025 4 §§ if no changes have been made to accounts for previous periods then delete these words. CC17a (Excel) 09/17/2025 5 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ |**_This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or_**
**_additional policy has been adopted then this is detailed in the box below._**|**_This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or_**
**_additional policy has been adopted then this is detailed in the box below._**| |---|---| |**INCOMING RESOURCES**|| |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |**resources**|· the charity becomes entitled to the resources;| ||· the trustees are virtually certain they will receive the resources; and| ||· the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)| |**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**and gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources| |**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._| ||The value placed on these resources is the estimated value to the charity of the service or| ||facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| |**EXPENDITURE AND LIABILITIES**|| |**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the| ||charity to pay out resources.| |**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service| |**conditions**|or output to be provided, such grants are only recognised in the SoFA once the recipient of the| ||grant has provided the specified service or output.| |**Grants payable without**|These are only recognised in the accounts when a commitment has been made and there are| |**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.| |**ASSETS**|| |**Tangible fixed assets for use**|These are capitalised if they can be used for more than one year, and cost at least £500. They| |**by charity**|are valued at cost or a reasonable value on receipt.| |**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year| ||end. Other investment assets are included at trustees' best estimate of market value.| |**Stocks and work in progress**|These are valued at the lower of cost or market value.| |**POLICIES ADOPTED**|| |**ADDITIONAL TO OR**|| |**DIFFERENT FROM THOSE**|| |**ABOVE**|| CC17a (Excel) 09/17/2025 6 **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** ## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_ |**Analysis**
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**£**| |---|---|---|---|---| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| |||||| ||||-|-| ||||-|-| ||||-|-| ||||-|-| |**Total**|||-|-| CC17a (Excel) 09/17/2025 7 ## **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of resources expended** ## **Resources expended may be further analysed if this would help the reader of the accounts.** |**Analysis**|**Unrestricted**
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**£**| |---|---|---|---|---|---| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |**Total**||||-|-| ||||||| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |**Total**||||-|-| ||||||| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |**Total**||||-|-| ||||||| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |||||-|-| |**Total**||||-|-| CC17a (Excel) 09/17/2025 8 ## **Section C Notes to the accounts (cont)** ## **Note 5 Details of certain items of expenditure** ## **5.1 Trustee expenses** _**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_ **Number of trustees who were paid expenses** ## **Nature of the expenses** **Total amount paid** |**This year**|**Last year**| |---|---| |**1**|**1**| |**Trustees Meeting**
**Expenses**|**Travel and**
**Subsistence**| |**145**|**245**| ## **5.2 Fees for examination or audit of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ **Independent examiner’s or auditors' fees for reporting on the accounts Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor** |**This year**
**£**|**Last year**
**£**| |---|---| |None|None| |None|None| CC17a (Excel) 09/17/2025 9 ## **Section C Notes to the accounts (cont)** **Note 6 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **6.1 Staff Costs** |**Gross wages, salaries and benefits in kind**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**6.2 Average number of full-time equivalent employees in the year**
**Total**
**The parts of the charity in which the**
**employees work**|**Gross wages, salaries and benefits in kind**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**6.2 Average number of full-time equivalent employees in the year**
**Total**
**The parts of the charity in which the**
**employees work**|**This year**
**£**|**Last year**
**£**| |---|---|---|---| ||||-| |||-|-| |||-|-| |||-|-| ||||-| ||||| ||**nt employees in the year**|**This year**
**Number**|**Last year**
**Number**| ||||| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ## **6.3 Defined contribution pension scheme** _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme** ||**This year**|**Last year**| |---|---|---| ||**£**|**£**| |**The costs of the scheme to the charity for the year**||| |**The amount of any contributions outstanding at the year end**||| |**The amount of any contributions prepaid at the year end**||| CC17a (Excel) 09/17/2025 10 ## **Section C Notes to the accounts (cont)** ## **Note7 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **7.1 Total value of grants** |**7.1 Total value of grants**|||| |---|---|---|---| |**Purpose for whichgrants made**||**Total amount**
**Grants to**
**institutions**|**Total amount**
**Grants to**
**individuals**| |||**£**|**£**| |Sponsorshipof MTA||72,000.00|-| |CoventryCollege Sponsorship||100.00|-| |||-|-| |||-|-| |||-|-| |||-|-| |**_Total_ **||**72,100**|**-**| ## **7.2Grants made to institutions** _**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_ |**Names of institutions**|**Purpose**||**Total amount of**
**grants paid**
**£**| |---|---|---|---| |Machine Technologies Associaton|Sponsorship of events to promote STEM projects in
schools, and at an education event at 'MAC24' at the
NEC.||**72,000**| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| ||||-| |**_Total grants to institutions_ **|||**72,000**| CC17a (Excel) 09/17/2025 11 **Section C Notes to the accounts (cont)** ## **Note8 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ ## **8.1 Cost or valuation** |**Total**
**£**
**£**
**£**
**£**
**£**
**£**
- - - - - -
Additions
- - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers *
- - - - - -
- - - - - -
**8.2 Accumulated depreciation and impairment provisions**
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
- - - - - -
- - - - - -
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
- - - - - -
Transfers*
- - - - - -
- - - - - -
**8.3 Net book value**
Brought forward
- - - - - -
Carried forward
- - - - - -
**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery and**
**motor vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Payments on**
**account and**
**assets under**
**construction**
Balance brought
forward
Balance carried
forward
Balance brought
forward
Depreciation charge
for year
Balance carried
forward|**£**
**Freehold land**
**& buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery and**
**motor vehicles**|**£**

**Fixtures,**
**fittings and**
**equipment**|**£**
**Payments on**
**account and**
**assets under**
**construction**|**Total**
**£**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |||||||| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ## **8.4 Revaluation** _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ > _* The "transfers" row is for movements between fixed asset categories._ > _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ CC17a (Excel) 09/17/2025 12 ## **Section C Notes to the accounts (cont)** ## **Note 9 Investment assets** ## _**Please complete this note if the charity has any investment assets.**_ ## **9.1 Fixed assets investments** |**9.1 Fixed assets investments**|| |---|---| |Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value
**Add/(deduct):**net gain/(loss) on revaluation|**£**| ||334,418| ||12,520| ||- 62,891| ||19,219| ||303,266| ## _**Please provide below:**_ ## **9.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.** ## **9.3 A breakdown of the income from investments agreeing with SOFA.** |**Analysis of investments**
**Cash held as part of the investment portfolio**
**Tota**
**Investment properties**
**Investments listed on a recognised stock exchange or held in common**
**investment funds, open ended investment companies, unit trusts or other**
**collective investment schemes**
**Investments in subsidiary or connected undertakings and companies**
**Securities not listed on a recognised Stock Exchange**
**Other investments**|**9.2**
**£**
**Market value at**
**year end**|**9.3**
**£**
**Income from**
**investments for**
**the year**| |---|---|---| ||-|-| ||296,995|12,275| ||-|-| ||-|-| ||6,272|246| |||| ||-|-| ||**l**303,267|12,520| ## **9.4 Material investment holdings** **If any investments are material in terms of their value (for example each represents more than 5 per cent of the value of the charity’s total investments) please provide details.** |**Investment held**|**Market value at**
**year end**|| |---|---|---| ||**£**|| |Vontobel Twentyfour Strategic Income|15,822|| |Artemis US Smaller Companies|19,944|| |M! Twentyfour Investment Funds|19,070|| |Shell PLC|16,198|| |AXA US Short Duration High Yield|15,444|| |JP Morgan Global Growth and Income|20,650|| |JP Morgan US EquityIncone|17,694|| |**Tota**|**l**124,822|| CC17a (Excel) 09/17/2025 13 ## **Section C Notes to the accounts (cont)** ## **Note 10 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Trade debtors**
**Other debtors**
**Prepayments and accrued income**
**Tota**
**Amounts due from subsidiary and associated**
**undertakings**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||5,188.0|6,874.0|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||**l**5,188.0|6,874.0|-|-| ## **Note 11 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ **11.1 Analysis of creditors** |**Loans and overdrafts**
**Trade creditors**
**Other creditors**
**Accruals and deferred income**
**Tota**
**Amounts due to subsidiary and associated**
**undertakings**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||20,000|57,786|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||**l**20,000|57,786|-|-| ## **11.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ CC17a (Excel) 09/17/2025 14 **Section C Notes to the accounts (cont)** ## **Note 12 Endowment and restricted income funds** _**Please complete this section if the charity has any endowment or restricted income funds.**_ ## **12.1 Funds held** **Please give a brief description of any of the following type of funds held by the charity:** - **permanent endowment funds (PE);** - **expendable endowment funds (EE); and** - **restricted income funds, including special trusts, of the charity (R).** - **other funds .** |**Fund Name**
**Purpose and restrictions**
**Type PE, EE ,**
**R or other**|**Fund Name**
**Purpose and restrictions**
**Type PE, EE ,**
**R or other**|**Fund Name**
**Purpose and restrictions**
**Type PE, EE ,**
**R or other**| |---|---|---| |Imagineering Foundation|EE|Imagineering Foundation| |Imagineering Foundation|R|Imagineering Foundation| |||| |||| |||| |||| ## **12.2 Movements of major funds** ## _**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_ |**Fund names**|**£**
**Fund**
**balances**
**brought**
**forward**|**£**
**Incoming**
**resources**|**£**
**Resources**
**expended**|**Transfers**
**£**|**£**
**Gains and**
**losses**|**£**
**Fund**
**balances**
**carried**
**forward**| |---|---|---|---|---|---|---| |EE|318,493|12,585|- 33,469|-|19,219|316,828| |R|39,210|49,581|- 88,470|-|-|321| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |**Total Funds**|357,703|62,166|- 121,939|-|19,219|317,149| ## **12.3 Transfers between funds** ## _**Please give details of any transfers between funds.**_ **From Fund (Name) To Fund (Name) Reason Amount** ## **12.4 Analysis of net assets between funds** |**Fixed assets**
**Investments**
**Net current assets**
**Total net assets**
**Creditors due in more than**
**one year and provisions**|**£**
**Unrestricted**
**funds**|**£**
**Restricted**
**funds**|**£**
**Endowed**
**funds**|**Total**
**£**| |---|---|---|---|---| ||-|-|-|-| ||-|-|303,266|303,266| ||-|324|13,563|13,887| |||||| ||-|324|316,829|317,153| CC17a (Excel) 09/17/2025 15 ## **Section C Notes to the accounts (cont)** ## **Note 13 Transactions with related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in note 5) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_ ## **13.1 Remuneration and benefits** _**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_ |**Name of trustee or related party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---| |||**This year**
**£**|**Last year**
**£**| |None|||| ||||| ||||| ## **13.2 Loans** _**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_ |**Due to trustees and**
**related parties**
**Due from trustees and**
**related parties**|**Name of trustee or**
**related party**|**Legal authority**|**Amount owing**|**Amount owing**| |---|---|---|---|---| ||||**This year**
**£**|**Last year**
**£**| ||**None**|||| ||**None**
|||| ## **13.3 Other transaction(s) with trustees or related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_ |**Name of the trustee or**
**relatedparty**|
**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**| |---|---|---|---|---| |**None**||||| |||||| |||||| CC17a (Excel) 09/17/2025 16 **Section C Notes to the accounts (cont)** ## **Note 14 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** CC17a (Excel) 09/17/2025 17 ## **Income categories** Donations, legacies and Grants Bank Interest Shop sales Interest and dividends Sponsorship Income Grants for services ## **Expenditure categories** Administration Expenses Goods for Resale Publicity Trustee Expenses Travel & Subsistence Bad Debts IT Expenses Office Expenses Donations and Grants legal and professional fees bank charges and interest Hire of Equipment for Show Insurance To edit the lists replace existing categories on either list with the new headings you prefer to use. Nigel Harris B.Com 5 Mercia Avenue Kenilworh Warwickshire CV8 1EU 25 April 2025 Independent examiner's report on the accounts to the trustees and members of the Imagineering Foundation on the accounts for the year ending 30 November 2024 I report to the trustees on my examination of the accounts of the Imagineering Foundation (Charity No 1087783) (the Charity) for the year ended 30 November 2024. Responsibilities and basis of report As the charity's trustees of the Charity you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5>(b) of the Act. Independent examiner's ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. Accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. The accounts do not accord with those records," or 3 The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. I have no concems and have come across no other matters in connection wrth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Nigel Harris B.Com