Charlty reglstration number: 1170548
Space Science And Engineering Foundation
(A Charltable Incorporated Organisatlon)
Annual ReFK)rt and Flnanclal Statements
for the Year Ended 31 August 2025

Space scien￿ And Engineering Foundation
Contents
Referen￿ and AdmInistrat￿e Details
Trustees, Report
2to4
Statement of Trustees, Responslbllltles
Independent Examlnels Report
statement of Flnanclal Actlvlties
Balance Sheet
Notes to the Flnanclal Statements
9t019

Space Science And Engineering Foundation
Reference and Administrative Details
Chairman
Shayne Shaneelsingh Beegadhur
Trustees
Katherine Helen Ollver
Dr Rlchard Charles Ghall
Dr Elizabeth Luthman
Shayne Shaneelslngh Beegadhur
Louls John Lyle
Dr William Jeremy Curtls
Adam Braithwaite
Wllllam aark Platt Richards
Dr David Dangoor, Honorary Presldent
Jennlfer Lyons, Dlrector of Educatlon and Outreach
Senior Management I
Leadershlp Team
Charity Registratlon Number 1170548
Prlncipal Offlce
London
SW7 2AZ
Independent Examiner
Crane & Johnston
30-32 T￿barWIth CreS￿nt
Newquay
Cornwall
TR7 IDX
Bankers
HSBC
Covent Garden
16 King Street
Covent Garden
London
WC2E 8JF
Page I

Space Science And Engineering Foundation
Trustees, Report
The trustees present the annual report together wlth the flnancial statements of the charity for the
year ended 31 August 2025,
The financlal statements have been prepared in accordan￿ wlth the accounting policies set out in
note I to the flnancial statements and comply with the Charity's Trust deed, the Charitie5 Acl 2011
and Accounting and Reportlng by Charitles: Statement of Recommended Prartlce appllcable to
charitles preparing thelr accounts in accordan￿ with the Financlal Reporting Standard applicable In
the UK and Republic of Ireland (FRS 102).
Objectives and activitles
Objects andaims
The offlclal objectlves of the SSEF are Ilsted on the Charity Commisslon's webslte as
TO ADVANCE THE EDUCATION OF UK SECONDARY SCHOOL STUDENTS ON THE SuBjE￿s OF
SPACE SCIENCE AND ENGINEERING AND TO PROMOTE INTERAcfioN WITH sfuDENTS FROM
OTHER SCHOOLS W￿H1N THE UK AND WORLDWIDE..
In practlce, we take a broad interpretstlon of the objectives, Includlng impllclt aspects {such as the
relationshlp of StEM outreach with careers awareness), wholly in the servlce of multidisclplinary
STEM outreach, in the m￿ern approach to sfEM. Accordinglyi we can say that the objectives are as
stated on the website, Interpreted to mean that SSEF'S objectlves are:
To use the Insplrational context of space and the environment to run challenges for young people to
eXperIen￿ how business operates and how STEM contributes to successful buslnesses. This Is done
by organlslng and runnlng event5 that slmulate professional (w Industry-style thlnklngi work andlor
collaborative effort, across any discipllnes, In any geographical reglon,
To broadly support sclence, spa￿, envlronmental and e[￿Ineerfng educatlon In the UK, and to
promote these, and adJa￿nt, subjects as career cholces.
To run events wlthln the UK that are free-to-enter, and to promote andlor enable events elsewhere In
the world, that are based on an industry simulation, Involving student-led deslgn firms of slgnificant
slze, collaborating to fulfil the complex requlrements of a cllent, and thus dlfferlng substantlally from
normal school programmes In the nature of the experlence, and the gain In self-confldence as a
worker contrlbutlng to the deslgn of solutkins, for a cllent, Ltslng STEM. These free-to-enter events
are supported by fundraislng.
To 5UPPOrt the UK spa￿ Deslgn Competltlon (UKSDC), the Envlronmental Design Challenge (EDC) for
15-18 year olds, and to also support Galactlc Challenges for ages up to 15. Thls junior event Is a
necessary early engagement wlth schools and students, to create a conduit for the secondary school
actlvlty whlch Is the domlnant explicit objective. Junior events frequently rely on secondary school
Involvement, elther a5 h05ts, suppliers of mentors or In Joint prlmary school-secondary school events.
Page 2

Space Science And Engineering Foundation
Trustees, Report (continued)
Publicl)enefit
The trustees confirm that they have referred to the gUIdan￿ conialned in the Charlty Commission
general guldance on publlc benefit when revlewing the charity's alms and objectives and In plannlng
future acilvltles and projects, and are in the prcKess of trylng to wrlte a clearer more expliclt set of
objectlves.
Our main actlvltles and those whom we alm to help are outlined above.
Nature of Governlng Document: updatlng of the governing d￿uMent is being actlvety dlscussed by
the Board of Trustees.
Accountlng records, accounts, annual reports and retums, reglster malntenance are using the same
compliaiice approaches as last year, the Board of TrUst￿S has started a revlew and update process
and Is expllcltly dedicating sections of Trustee meetings to belng in the mode of 'Audlt and Rlsk,
Subcommittee. A Development Committee is in the planning stages. By keeplng minutes 'geparated'
for these aspects, the aim is to create greater transparency as we upgrade and modernise our
pract1￿ of governall￿. The charity truslees are compllant with the requlrements of the Charitles Act
2011 with regard to the keeping of accounling records, to the preparation and scrutlny of statements
of account, and to the preparatloFI of annual reports and returns, Recrultment and appolntment of
Trustees: The Board of Trustees has revlewed the current 51tuatk)n whlch Is compliant wlth the
governlng document, and as initiated a skills audit to identify strengths and any gaps Ihat may need
to be fllled by new trustees. A strategy dc£ument has been drafted for approval by the Trustees,
ahead of efforts to recrult Trustees to the skills gap. We note that we have alumni of the competition
volunteerlng to become trt￿tee5, but the focus for 202516 will be on recruiting Trustees for skllls and
experien￿ of governance.
Inductlon and tralning of Trustees: The Trustees agreed to, and partlcipate In, a pattern of startlng
meetings wlth a pre-meetlng viewlng of a training vldeo from the Charity Commisslon website with
guidance for trustees. Where a video Is not available, a paper summarislng key Informatlon on a
topic, together wlth the Ilnks to the relevant guldance page on the Charity Commisslon webslte, is
Included the Board papers for a meetlng, so that all trijstees are buildlng shared-awareness of
particular toplcs thal the Chairman and ￿0 have Identified as helpful ahead of dlscussions on
modernlslng governance. Prospective trustees are requlred to read and comply wlth all requirements,
when identifled.
Flnancial review
Policy on reservés
The trustees have assessed the major rlsks to whlch the charity Is expos￿1, in partlcular those related
to the operatlons and flnances and student safety of the charlty, and are satlsfied that systems are In
place to mltigate our exposure to the major risks.
Page 3

Space Science And Engineering Foundatlon
Trustses, Report (continued)
structurei governance and management
Constitutlon
The SSEF 15 a Charltable Incorporated Organlsation (CIO) whlch was incorporated on 5 December
2016 under number 1170548.
Previously it was a charitable trust governed by a Trust Deed dated 10 February 2011. Thls charlty's
registered number was 1142329, and The Charlty Commisslon now records Its status as a removed
charity"
The assets and Ilabilities of the previous charltable trust moved across to the Cto during the year
ended 31 August 2019.
Detalls of the trustees who served throughout the year are included In the Referen￿ and
AdmlnlstratDie Details on page l.
Ivature ofgoverning document
The charlty trustees are compliant wlth the requirements of the Charltles Act 2011 wlth regard to the
keeping of accountlng records, to the preparatlon and scrutlny of statements of acc(wnL and to the
preparation of annual reports and returns.
Recruitment andappolntment of trustees
Twstees complete a skills audlt to Identify any gaps that may need to be fllled by new trustees,. posts
are advertised accordingly.
Indurtlon andtralnlng of trustaes
Prospective trustees are required to read and comply wlth all requlrements as lald down by the
Charity Commission includlng undetStandlng the Essential Requirements of Trustee5
Volunteers
We are grateful for the tlme given voluntarfly In support of our work. Thls Includes supwjrt from our
trustees and our members.
s￿NEDSEClIRELy
11/06/2026
1110612018 at5'.3&'1ts PM
The annual report was approved by the trustees of the charlty on
behalf by:
slgned on Its
SI6NÈO SECURELY
11•11202
t5..36..15 PXI VTC
Shayne Sh8neelsingh Beegadhur
Chairman and trustee
Page 4

Space Science And Engineerlng Foundation
statement of Trustees. Responsibilities
The trustees are responsible for preparing the trustees, report and the flnanclal statements in
accordance with the Unlted Klngdom Accountlng Standard5 (Unlted Klngdom Generally Accepted
Accountlng Practice) and appllcable law and regulatlons.
The law appllcable to charitles requlres the trustees to prepare flnancial statements for each financial
vear whlch glve a true and falr view of the state of affairs of the charity and of the Incoming
resources and appllcatlon of resources of the charity for that period. In preparing these flnancial
ststements, the trustees are required to:
select sultable aceountlng policies and then apply them conslstentlyi
observe the methods and prlnclples in the Charitle5 SORP;
make Judgements and estimates that are reasonable prudent.
state whether applicable accountlng standards have been followed, subject to any materlal
departures dlsclosed alld explained In the financial statements. and
prepare the flnanckil statements on the going concern basis unless it Is Inapproprlate to presume
thal the charlty will contlnue in business.
The trustees are responsible for keeping proper accounting records that dls¢lose wlth reasonable
accuracy at any tlme the financial posltion of the charlty and enable them to ensure that the flnancial
statements comply with the Charltles Act 2011, the Charitles (Accounts and Reports) Regulatlons
2008, and the provlslons of the constltutlon. The trustees are also responsible for safeguardlng the
assets of the charity and hen￿ for tsklng reasonable steps for the prevention and detection of fraud
and other Irregularltles.
The trustees a￿ responslble for the maintenance and Integrlty of the corporate and flnanclal
information Included on the dlarltable company's website. Legislation governlng the preparatlon and
d15semlr¢ation of flnanclal statements may differ from leglslatlon In other jurlsdlctions,
Page 5

Space Science And Engineering Foundation
Independent Examiner's Report to the trustees of Space Science And
Engineering Foundation
I report to the trustees on my examlr)atlon of the financlal statements of spa￿ Science And
Englneering Foundatlon for the year ended 31 August 2025.
Responsibilltles and basss of report
As the charlty trustees of SpaTr Science And Engin￿rIng Foundatlon you are responslble for the
preparation of the financial statements In accordance wlth the requirements of the Charitles Act 2011
Cthe Ad).
I report In respect of my examlnation of the Space Science And Engineertng Foundatlon's financlal
statements carrled out under sectlon 145 of the 2011 Act and in carrylng out my examlnation I have
followed all the appllcable DirecUons given by the Charity Commisslon under section 145{5)(b) of the
I draw to your attentlon that the flrm at whlch l am a Partner provldes bookkeeping seNlces to the
charity. We have complied with the FRCS Revlsed Ethical Standard in thls regard.
Independent examiner's ststement
sIn￿ Space Science And Engineerlng Foundatk)n's gross income exceeded £250,(NJO your examlner
must be a member of a body listed in section 145 of the 2011 Act. I conflrm that I am qualified to
undertake the examln8ifon because I am a member of Chartered Certified Accountsnts, whlch Is one
of the listed b￿les.
I have completed my VA3MIna￿0n. I confirm that no material matters have come to my attention in
connectlon with the examlnation glvlng me cause to believe that in any materlal respect:
l. accounting records were not kept in respect of Space Science And Englneerfng Foundatlon as
required by sectlon 130 of the Act,. or
2. the flnanclal statements do not accord wlth those records,, or
3. the flnancial statements do not comply with the accounting requlrements COn￿rnIng the fom
and content of flnancial statements set out In the Charlties (Accounts and Reports) Regulations
2008 other than any requlrement that the flnanclal statements give a 'true and fair vlew, which
is not a matter consldered as part of an independent examinatlon.
I have no concerns and have come acros5 no other matters In connectlon with the examinatlon to
whlch attention should be drawn In this report in order to enable a proper understandlng of the
finandal statements ￿ be reac￿.
Nell Hallam FCCA
Crane & Johnston
Chartered Certified Accountants
30-32 Trebarwlth Cre5￿￿t
Newquay
Cornwall
TR7 IDX
,16/2L
Date:..........
Page 6

Space Science And Engineering Foundation
statement of Financial Activities for the Year Ended 31 August 2025
Total
Total
2025
2024
Unre5trlcted
Note
Income and Endowments from:
Donation5 and legacles
Charitable activltles
Investment income
79,201
226,745
79,201
226,745
44,465
267,675
Total Income
307 507
307 507
313 821
Expenditure on:
Charltable activities
292 196
292 196
332 102
Total expendlture
292 196
292 196
332 102
Net movement In funds
15,311
15,311
(18,281)
Reconclliation of funds
Total funds brought forward
Total funds carried forward
216 701
216 701
234 983
232 012
232 012
216 702
All of the charity's activltles derfve from contlnuing operatlons durlng the above two periods.
The funds breakdown for 2024 Is shown In note 18.
The note5 on pages 9 to 19 form an integral part of these flnanclal statements.
Page 7

Space Science And Engineering Foundation
(Registration number: 1170548)
Balance Sheet as at 31 August 2025
2025
2024
Note
Fixed assets
Intanglble assels
Tanglble assets
12
13
9,800
9,800
4,678
Current assets
Debtors
Cash at bank and In hand
14
15
42,289
193 326
42,948
183 247
235,615
226,195
Credltors: Amounts falling due within one year
16
Net current assets
217 890
202 224
Net assets
232 012
216 702
Funds of the charlty:
Unrestricted income funds
Unrestricted funds
232 012
216 702
Total funds
232 012
216 702
The financlal statements on pages 7 to 19 were approved by the trustees, and authorised for issue on
ehJweB.$EQWftEL4nd signed on their behalf by..
11/06/2026
11105D026&15..56..15 PAI IITC
I(INED SECURELY
af 5'.36'.1S PM UTC
Shayne Shaneelslngh Beegadhur
Chaiman and trustee
The notes on pages 9 to 19 form an Integral part of these flnanclal Statements,
Page 8

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
l Accountlng policles
statement of compliance
The flnancial statements have been prepared in accordance wlth the second edltion of the Charities
ststement of Recommended pract1￿ issued In October 2019, the Financial Rep￿tIng Standard
appllcable in the United Klngdom and Republlc of Ireland (FRS 102) and the Charities Act 2011.
Basls of preparation
spa￿ Science And Engineerlng Foundation meets the definltion of a publlc benefit er)tity under FRS
102. The financial statements have been prepared under the historical cost convention wlth items
recognlsed at cost or transactk)n value unless otherwlse stated in the relevant note(s) to theso
accounts.
Going ci)ncern
At the time of approvlng the flnanclal statements, the trustees have a reasonable expectatlon that the
char5ty has adequate resources to continue In operational exlstence for the foreseeable future. Thus,
the trustees contlnue to adopt the goiw wncern basls of accountlng In preparlng the financlal
statements.
Income and endowments
Voluntary Income Including donationsp glfts, legacies and grarbts that provlde core funding or are of a
general nature Is recognlsed when the charlty has entitlement to the Income, It Is probable that the
Income will be received and the amount can be measured wlth sufflclent reltability.
Donatlons andlega¢ies
Donations and legacies are recognised on a re￿1vable basls when re￿Ipt is probable and the amount
can be rellably measured.
Grants recelvable
Grants are recognlsed when the charty has an entitlement to the funds and any condltlons linked to
the grants have been met, Where performance conditions are attached to the grant and are yet to be
met, the Income is recognised as a Ilability and included on the balaEKe sheet as deferred Income to
be released.
Investment Income
Dlvldend5 are recognised once the dividend has been dedared and notificatlon ha5 been recelved of
the dlvldend due.
Charitable actlvltles
Charltable expendlture comprlses those costs Incurred by the charlty In the dellvery of its activltles
and servltrs for Its beNeflclarles. It includes both costs that can be allocated dlrectly to such actlvltles
and those costs of an indlrect nature necessary to support them.
Page 9

Space scien￿ And Engineering Foundation
Notes to the Financlal Statements for the Year Ended 31 August 2025
(continued)
Expendlture
All expenditure 6s recognlsed On￿ there Is a legal or constructive obligatlon to that expendlture, It Is
probable settlement is required and the amount can be measured rellably. All costs are allocated to
the applicable expenditure headlng that aggregate slmllar costs to that category, Where costs cannot
dlrectly attrlbuted to partlcular headlngs they have been allocated on a basis consistent wlth the
use of resources, with ￿￿traI staff costs allocated on the basis of tlme spent, and depreciation
charges allocated on the PK)rtlon of the asset's use. oth￿ support costs are allocated based on the
spread of staff costs.
Governance costs
These indude the costs attrlbutable to the charity's compliance with constitijtional and statutory
requirements, Including independent examlnation, str6teglc management and trustees meetings and
reimbursed expenses.
Taxation
The charity Is considered to pass the tests set out In Paragraph I Schedule 6 of the Finance Act 2010
and therefore It meets the definltion of a charity for UK corpoyatlon tax purposes. Accordlngly, the
charity 15 Potentially exempt from taxadon in respect of income or capitsl gains r￿1Ved within
categorles covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the
Taxation of Chargeable Galns Act 1992, to the extent that such Income or galns are applied
exclusively to charltable purposes.
Intanglble assets
Intangible assets are stated In the Balance Sheet at cost less accumulated amortlsation and
Impairment, They are amortlsed on a straight Ilne basls over thelr estlmated useful lives.
Tanglble flxed assets
Individual flxed assets costlng £250.00 or mre are Inltially recorded at cost.
Depreclation and amortlsatlon
Depreclatlon is provided on tsnglble flxed assets so as to wrlte off the cost or valuatk)n, less any
estimated resldual value, over thelr expected useful economic Ilfe as follows..
Depreclation method and rate
20010 Reduclng Balan
Asset class
offi￿ Equlpment
Cash and cash equivalents
Cash and cash equlvalents comprise cash on hand and call deposlts, and other short-temi hlghly
liquld investments that are readily convertlble to a known amount of cash and are subject to an
Inslgnlficant rlsk of change In value.
Page 10

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
Trade ¢redltors
Trade creditors are obligatlons to pay for goods or servlces that have been acqulred In the ordinary
course of business from suppllers. Accounts payable are classified as current Ilabllltles If the does nol
have an unconditlonal right, at the end of the reporting perlod, to defer settlement of the credltor for
at least Iwelve months after the reportlng date. If there Is an uncondltlonal right to defer settlement
for at least twelve months after the reportlng date, they are presented as non-current liabllitles.
Trade creditors are recognlsed Initlally at the transaction prlce and subsequently measured at
amortlsed cost uslng the effective Interest method.
Fund structure
Unre5trlcted income funds are general funds that are available for use at the trustees dlscretlon In
furtheran￿ of the objectives of the charity,
Penslons and other post retirement obllgations
The charity operates a deflned contllbutSon penslon scheme whlch Is a penslon plan under which
flxed contribution5 are pakl into a pension fund and the charity has no legal or constructive obligation
to pay further contrlbutions even if the fund dces not hold sufflclent assets to pay all employees the
beneflts relating to employee seNlce in the current and prlor periods.
Contrlbutions to defined contributlon plans are recognlsed in the Statement of Financlal Activities
when they are due. If contributk)n payments ex￿ed the contributlon due for seN1￿, the excess Is
recDJnlsed as a prepayment.
Financlal Instruments
Classification
Flnanclal assets and financlal liablllties are recognlsed when the charlty becomes a party to the
contractual prov151ons of the Instrument.
Financial Ilabllltles and equity Instruments are classlfled accordlng to the substance of the contractual
arrangements entered into. An equity instrument 15 any contrart that evidences a residual Interest In
the assets of the charity after deducting all of Its liabilltles,
Page 11

Space Science And Engineering Foundation
Notes to the Financlal Statements for the Year Ended 31 August 2025
(continued)
Recognitlon andmeasurement
All financlal assets and Ilabllities are initially measured at transaction prlce (Including transacklon
costs), ex￿pE for those flnancial a55ets dassilied as at faSr value through profit or loss, whlch are
Inltially measured at falr value (which Is nOM￿llY the transactlon prlce excluding transaction costs),
unless the arrangement constitutes a financlng transaction. If an arrangement constitutes a financlng
transactlon, the financlal asset or financlal liabillty Is measured at the present value of the future
payments dlscounted at a market rate of interest for a slmilar debt 5nstrument,
Flnanclal assets and Ilablllties are only offset in the statement of financlal positlon when, and only
when there exists a legally enfortrable rlght to set off the recognlsed amounts and the charity
Intends elther to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Flnancial assets are derecognlsed when and only when a) the contractual rlghts to the cash flows
from the financlal asset expire or are settl&, b) the charity transfers to another party substantlally all
of the rlsks and rewards of ownershlp of the flnanclal asset, or c) the charity, despite having retained
some, but not all, slgnificant rlsks and rewards of ownershlp, has transferred control of the asset to
another party,
Flnanclal l%abllltles are d￿eCognISed only when the obllgation speclfied in the contract Is dlscharged,
cancelled or explres.
2 Income from donations and legacies
Unrestrlcted
funds
General
Total
funds
Donations and legacies.
Donatlons from indlvkiuals
Total for 2025
Total for 2024
3 Income from charitable activltles
Unr¢strlrted
funds
General
Total
funds
Global Space DesSgn Challenge
Merchandlse
226,151
594
226,151
594
Total for 2025
226 745
226 745
Total for 2024
267 675
267 675
Page 12

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
4 Investment Incom
Unrestricted
funds
General
Total
funds
Interest re￿1vable and simllar Income,.
Interest recelvable on bank deposits
Total for 2025
Total for 2024
5 Expendlture on tharltable actlvltles
Unrestricted
funds
General
Total
funds
Note
Purchases
staff welfare
Rent
2,292
13
1,287
1,400
2,417
2,369
681
2,292
13
1,287
1,400
2,417
2,369
681
Insurance
Computer software and malntenance costs
PriF)tlngi Postage and stationery
Trade subscriptions
Sundry expenses
Travel and subsistence
Hotel accommodatlon
Lecturer fees
Legal and professlonal fee5
Bank charge5
Depreclatk)n of offlce equipment
Staff costs
Governance costs
44,061
35,992
31,360
1,341
506
1,080
162,344
44,061
35,992
31,360
1,341
506
1,080
162,344
Total for 2025
292 196
292 196
Total for 2024
332 102
332 102
Page 13

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
6 Analysls of governance and support costs
Governance costs
Unrestricted
funds
General
Total
funds
Independent examlner fees
Examlnatlon of the financlal statements
other fees pald to examiners
2,646
2,646
Total for 2025
Total for 2024
7 Net incomlngloutgolng resources
Net incomlng/(outgoing) resourtts for the year Include:
2025
2024
Depreciatlon of flxed assets
8 Trustees remuneratlon and expenses
During the year the charlty made the followlng transactions with trustees.
Katherine Helen ollver
Katherlne Helen Oliver recelved remuneration of £NII (2024,, £4,550) durln9 the year.
Shayne Shaneelsingh Beegadhur
£NII (2024.. £469) of expenses were reimbursed to Shayne Shaneelslngh Beegadhur during the year.
No trust￿ have received any other beneflts from the charlty durlng the year.
Page 14

Space Science And Engineering Foundation
Notes to the Financial Ststements for the Year Ended 31 August 2025
(continued)
9 Staff costs
The aggregate payroll costs were as follows:
2025
2024
Staff costs durlng the year were:
Wages and salaries
Soclal securlty costs
Per)slon costs
149,958
8,755
164,699
11,735
162 344
180 392
The monthly average number of persons (includlng senlor management I leadership team) employed
by the charlty durlng the year express￿ as full time equivalents was as follows..
2025
No
2024
Average number of employees dudng the year
No employee re￿IVed emoluments of more than £60,000 during the year
10 Independent examlner's remuneration
2025
2024
Examlnation of the flnancial statements
other fees to examlners
All other servlces
IITaxatlon
The charity Is a reglstered charlty and Is therefore exempt from taxatlon.
Page 15

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
121ntangible flxed assets
other
intangible
asset
Total
Cost
At I September 2024
At 31 August 2025
9,800
9,800
Amortlsatlon
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
Page 16

Space Science And Engineering Foundation
Notes to the Financlal Statements for the Year Ended 31 August 2025
(continued)
13Tangible fixed assets
Furnlture
and
equipment
Totsl
Cost
At I September 2024
Addltlons
6,765
725
6,765
725
At 31 August 2025
Depreciatlon
At I September 2024
Charge for the year
2,087
2,087
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
14 Debtors
2025
2024
Trade debknrs
Prepayments
other debtors
1,549
890
15Cash and cash equivalents
2025
2024
Cash at bank
193 326
183 247
Page 17

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
16 Creditors: amounts falling due within one year
2025
2024
Trade credltors
other taxation and social security
other creditors
Accruals
(18)
2,409
12,526
277
2,649
15,183
17 Penslon and other schemes
Defined contribution pension scheme
The charlty operates a defined contrlbutlon penslon scheme. The penslon cost charge for the year
represents contributkins payable by the charity to the scheme and amounted to É3,631 {2024
£3,958).
18 Funds
Balance at I
September
2024
Balance at
31 August
2025
Incomlng
resources
Resources
expended
Unrestricted funds
General
216 701
307 507
292 196
232 012
Balance at i
September
2023
Balance at
31 August
2024
Incoming
resources
Resources
expended
Unrestrlcted funds
General
234 983
332 102
216 702
Page 18

Space Science And Engineering Foundation
Notes to the Financial Statements for the Year Ended 31 August 2025
(continued)
19 Analysis of net assets between fund$
Unrestricted
funds
General
Total funds
at 31 August
2025
Intangible flxed assets
Tangible flxed assets
Current assets
Current liabllltles
9,800
4,322
235,615
9,800
4,322
235,615
Total net assets
232 012
232 012
Unrestricted
funds
General
Total funds
at 31 August
2024
Intangible fixed assets
Tangible fixed assets
Current assets
Current liabllltles
9,800
4,678
226,195
9,800
4,678
226,195
Totsl net assets
216 702
216 702
20Controlllng Entity
The trustees of the Charity have control and decide upon the day to day actlvltles. The staff of the
Charlty complete the day to day activitles.
Members of the Charity, of whlch there are 300, hove no indemnlty and therefore do not make any
declsion5.
Page 19

Space Science And Engineering Foundation
Detailed Statement of Financial Activities for the Year Ended 31 August
2025
Total
2025
Total
2024
Income and Endowments from:
Donatlons and legacles (analysed below)
Charitable actlvitles (analysed below)
InvesLment Income (analysed below)
79,201
226,745
44,465
267,675
Total income
307 507
313 821
Expenditure on:
Charitable actIvit￿S {analysed below)
Total expendlture
Net Incomel(expendlture)
Net movement In funds
292 196
332 102
292 196
332 102
15,311
(18,281)
Reconcillatlon of funds
Total funds brought forward
216 701
234 983
Total funds carried fO￿ard
232 012
216 702
This page does not fom part of the statutory financlal ststements.
Page 20

Space Science And Engineering Foundation
Detailed Statement of Financial Activities for the Year Ended 31 August
2025 (continued)
Total
2025
Total
2024
Donations andlegacles
Ap￿alS and donatlons
44,465
79,201
Charftable activltles
Merchandlse
Events Income
594
226,151
667
267 008
226 745
267 675
Investmentlncome
Interest on cash deposlts
Charitable actlvities
Purchases
Wages and salarles
staff NIC (Employers)
staff pensk)ns (Defined contriblttlon) - penslon scheme I
staff tralnlng
staff welfare
Rent
Insuran
Telephone and fax
Computer software and maintenantr costs
PrlntSngi Postage and statlonery
Trade subscriptlons
Sundry expenses
Travel and subsistence
Hotel accommodatlon
AdvertSslng
Lecturer fees
Legal and professlonal fees
Bank charges
Depreclatlon of office equlpment
Independent examlner's fee
Accountancy fees
(2,292)
(149,958)
{8,755)
(3,631)
(4,433)
(164,699)
(11,735)
(3,958)
{463)
(43)
(13)
(1,287)
(1,400)
(1,279)
(1,378)
(6,765)
(2,825)
(244)
12,417)
(2,369)
{681)
(9)
(44,a61)
(35,992)
(46,851)
(32,353)
(123)
(42,859)
(4,116)
(277)
(1,170)
{1,662)
(31,360)
(1,341)
{506)
(1,080)
(2,646)
292 196
332 102
ThSs page does not form part of the statutory financlal statements.
Page 21