ChaiTty reglstrndon nwnber 1174716 (Enghnd and Wales) THE LUNAR SOCIETY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE LUNAR SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION Trust8•8 C Stone D LaBassi?re C S BLtrton D DurKkns A Ta R Sharlf J Gaytlen P Mayw. cwted J RaInfd- c4XVted Asub DA Searfe J Gréèn (Appointed 16 20241 (Appointed 16 Juty 20241 {ApkY)tnted 16 JLty 2024) Charfty numb•r (Engnd and Wal••l 1174716 Ind•p•nd•nt •x•mln•r Thomas & Ltmited Shirtèy Solihul
THE LUNAR SOCIETY CONTENTS Pagg Indewnd•nt •xarrine¢8 r Statement of financial athille B8lanc• 8h••t Notes to th• finanaal statamnis 8-14
THE LUNAR SOCIETY TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Tho tNstw present the6r amual rewt Jnd Ik)#nclal Stste for the year end8d 31 Marth 2025. The finanaal staternents have been prepwed in ac0Ydan th the accoUnng pol•ies set out in tKte 1 to th• financial statements and rxjmply wrth the th8nVs governing d0Ment. the Charitses Act 2011 and"Arthunting and Reporting by CharrtJ"Ès". Stst&ment of Re(x)mmende(I Practice applicable lo chanbes preparing IheiT accounts in accordance wth the Fts1orw Rtrporb"FWa Standard apple in the UK and Republic of Ireland IFRS 102) leffects.ve 1 January 2019).. obj11¥•¥ •nd •¢tsvlU As sel out in the Charty's Constttulion, otfj'ectives ar¢ the than¢emenl of edu¢th'on of the inhabitants of Bimiingham and the surrounding fegion by promotirvJ and ethJcat)g in, and among other top$. the study of 8aence. the economy, athre, cCnseryat and Ihe environment. Ictal and socMI iswjes and saenck. 11 deliv8rs18cJres. seminrs. meetings and debths by •xpts fft th"r fbJ. In shaping Ihe obiecbves for th8 yaar and plannirwj acvttw. th& Trusto0s hgvo 0)nSOr&I th¢ Charity Cornmission'8 guanCe on wb¥c b6nellt. wUdIa th& guidae'Put11¢ Befft'. wnning 8 th&rty IPB21'. Achl•v•m•nt• and p•rfornianc• Si9nificanl ad1vil$ And hvMnts obJ"ecfves 11 has been a privilege to hav• your Chair for last yoarn. I could not hgv• Undèrtak this rol• wfthout the tremendotls 3UPPOrt from the whose team. So. kl rr commence report 8 hu thank to all who hav¢ supported th8 Sougty over the last year•. Over the past hyo years our have dgtalled thé hvjhty signfftant $p8aking engagnents, I6ures. debates and di8DJssion events and other actiwb&s such as th& Awl Dinnw, garden paites and networking opportUne3 that have tsken place. Th88e are all pwi ofthe Prcwmm8 ParV8 romf(, and a key benéfft of membership. One of the events we held th18 year was the launch of the CommonWrth Fllm. The fllm looks at the Lurtor Society's positive contribution to 0bal issues. SLth as the abolition of the transauantic slave trade. scientrfK and medic41 advancés. and the 0¢Jv8ncenrt of religious and pohtThl libety. At the same tsme, il has also looked into the Society's fTKre ambiguous acINities. suth as 8ome of ts ffmb8rs Inefited from their links to slavary. 'The FU[8 of the CommOrr1th, was (¥eknJ by fknmkn Dani81 AThJerson as part of a twyear, National Lottery Heritage Funded proiecl to exFkne aThJ celebrate the reJat)nship betsRen the L¥iginl Lunar Society of Blmingham and the Conw)MThè8fth. On your behall I presS our Ihonk$ to an our truste. mwthrs. aThJ gponeor¥ vtho have supportod u$ In thelr 8uggeslSons, connecting with spèakers, physical vènues. and IT èxpertlse. lft addits'on. we woukl like to thank those trustees, members and felows who have not lY spoken at other events and Attended key regional meeb.ngs on our behalf but cctrItted so wonderfuty at our prcwmmo of events. Thls has indudod reaching out to tholr own nthorks on behalf of Ihe Soc*. We must al80 thank and feo)gnise the various w01r$ groups aThJ their leads vtho have mad• suth a signiflcant imp8¢t on our trvents ènd projects.
THE LUNAR SOCIETY TRUSTEES. REPORT (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 On behf of all the E8T (EXetiVe Board ofTrustees) a Spec2 Ih8r5 90 to Dr Horton and Me8kin. our wonderful SeuetariaL The vc4ume of work and djiCation sh(wn by thwn both inugdible. Thtry havè major factor irh the su¢¢Yss of the L81 sc over the last 12 months. We are delight&J that both P8rtemp5 and Precasion Heath TethThkn Alerator {PHTAI have committed lo continue their 8UPPOrt as pa3 of the S(xady. Both orwIsab have been hugety supportNe. By the time ol ourAGM the PlffA c•x hav6 op, and memLts havè had an tspptsrtunty to thi$ exalin9 innov8ti¥& incub8lor for scler and technology. Tina Swani FTLS. {obseTher on the EBT) and Carf Doherty from Pertémps are working dosety together to develop a much needed 't< kil Yor members and small. mèdium enlerpnse tsryanis8ts'¢)ns lo irMent Environmental. Souety and Govemance IESGI. for community and public oducab.onal bwf Sou¥1 media 1$ importartt to any organisation, EBT mernber DavKI Searfe FTLS, has led on the development of our new Webte And publKyty material. Th bo re&ty in the earty wjtumn and wiu be a gnIfinI improvement on the current w8bs"rte. David alsts ad$ on r socaal rnedk?. OUT nv4Y Linke&ln page. recently launched. has S02 ¢Al#lonS and is in(xe88ing every month. We have 2,740 fouowers C Twitter and 728 follow•rs on our Facebook pogè. W& af8 8180 ntm postlng on oui Instspram p. hav•. for th8 firnl I. woducod ar a Pwramme of ETMnts for the full year of 2025. Thi8 ha8 been 11 receiv by m&Nknsrs. To enable us to Lyjnbnue to do this for filre years we need m8mber8 to help us and ask Ih¢ir n¥h¥orks lo idonbfy and recommend the hgNevèl Speakws the &Mxty deserves. Please fOard any 8ugggStKmS lo me, ftdy Meakn'n or Dr Jo Horton. You can find 0 li8t of future vlents on our webBite (Y request a copy of rmjr pro3ramme by emailing Info@A?ooty.I9.Uk. Our reqUt to becom8 8 Ch8ritable Ino)rwr81gd Or9anisation (CIO). h88 beon approvod by wr memb&r8, 18 now in the final $lag•s of aPPfo¥al by th• Chty CommiBsion. Once we thi8 appr¢)val, we ¢an then proLYe88 th¥ CIO 8dministrab.on tssk$ roqvtred, we anpate th& CIO bo fulty Implemented in the ¥utumn. Following many years of tremen(knis support to soc, Deirdr• Ls Basslor& FfLS, has d8cbd•d not lo ra-st8nd for tha EBT now har tam has ¢ome lo gn 8ThJ. Shè has b8on 8 true frw)d. arK18 driving forc for good wlthin the Society, l and the EBT will miss her immènsety, however she is communicat8d h&r continuod commitm¥nt lo tha Sociaty and to 8UPPOrt the EBT and Sl9r{al th Sir Adri8n Cadlxjry Leclure. Charmaino Burton LS. who has undertaken the HOrrary Sacrntarfs Tole for many yèars hgs akso deoded not to re-stand", she will 8180 be mb8sed but wll also be ¢othnwng 8$ 8 and ¥8lu8d Chair of our Hiistry$ ants. A8 YOU Con see from the attaehed paparn both S8ndy T8yltsr FTLS, and my own tm of office hav• comt to an end. SubJ8cl to the dgmouatt process S8ndy h8$ in¢Jxed that he wishe8 to main on the board. I h8ve 8180 indicated that again. sutyect lo the democraiic proc&ss. I woukg sh to remoin M the bJard in the role 01 Immediate Past Chair. Both and l 8r• c4xnmrtled to supwt th• naT Chw"r. yow EBT and tho S•. The mst important issue faang the Scyj'ety remains membernhip. Tha Soutsty has successfijl in r8¢ruib"ng new members membership numbern lomaining stèady 1167) wrth any losses bng m8de up wllh new mernber3. However, we need to Incfeas& our membership numbers, and we endeavour to contacl any member who does not wi8h to Tenew to 8ncOUra th8m to rejoin. Thts w& h8V8 re8(*Bd (Mrt wilh JnfoTmal ¢offèa evènts Iwhith were requested via ow m&nbetship gsvey ty OLtr membèrs) and onl1r meetings for and existing members to strengthen rela11cshlpS between cyji tradth.onal business. We hav& a&0 sent (Art personal membership inwtations lo over 93 ¢))ntacls wllh 9 people hawng p)ined and 8 furthar 11 intwèstad. We ttjnlinue lo work %4fjth the Unpierw of Bimihwham our siud8nt plac8m8nts. This y&ar wr Msc Busin888 Management surnmer project sludenl, Zan (Harvey) Zhang is engaged in researd)ing. identsfying and developirNJ Stratee8 to engage younger members toTr)m us. He wim te rerKJrting back to the EBT on hss findings.
THE LUNAR SOCIETY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial review This year has been thng"n9 ona for thg Lun S). Ike many (arrbes. bLrt we have continued to seek ways at h¢x we can ¢ts"n[so 8nd ha a $ustalnable futtrt. The Lunar Soaety hdd INe events this year altwbng over 579 8ttendees in person and 226 onth'rTr• (compared to 810 attendees Jast yeaf, a TYllr[ de(xe838 of 51. These e¥wts resulted tioet Sales of £4.7.02. The Ann Dinner took p18c in September 2024 and resulteJ in tKel sales of £7.365.00 aThJ spC80r8hip of £1,1)00. The èvènt W8s a huge SusS and 18 8 big fiJr¥Jraiser fcff the society. li wll be held again this September a$ an ann ent. The Lunar Socw reat a (lon8k link for a¥}ts bts websits, this resulted in d¢)nations bwg mad• of £127.50. Subscription 18v81s r•m8in•d re8lHent throUg)ut the y•ar. Current Lun8r Sodety membeyshlp 8tsnd$ at 167, the majority boin9 Follows - 103. which $h¢)w a ight Trnue8s• on Ihe sams period last year. There are 4 Over$g38 member8, 8 dedine. Tre h9$ Wn an inm80 In student members {M). Corporate mombership hai d8dined (from 5 to 3), as haGA$ile (23- 20). J¢)w)t hos inw8wJ shghty {1415). Honor8ry $t8nds ¥t 14. Fc41ow'ng the work ¢xried (Mrt by EBT and the SeLYtsiat conlathng MS rtyardwig gtft akl fomi$, thè Soa•ty were successful in applying lor receiving £7.243.77 lan increasè of £1,182.53 on last year's applKationsl. are now applw'ng for grft aid every 6 months to ensure a stea0¥ kni ol inojme. Thefe are sbll a few gift aid fom)s outstandiryJ, thi8 work will tinUe. ha begn su$fUl kn So1¥j extem 9Mts again th yaar. Tr Hlbbgrt TrLOt. £1.000 ovw 3 months for an Int¥rfaith tha G•org• C*Lry Tnml. £3.(m fryth• &'rlthon Cadbury ovw 3 arn. A reVIv of ihe workload of the Secretariat and the hours worked look pLace earby 2025 and thang•8 wore implemented from 9 March 2025. This will resutt in cost savings of gpproximat•ty £10.OC#) per annum. In condu(ling this may I rep•al what a has b••n to uThJ0rta this ro58 for th• la8t y•ar¥ and lo thank our, members, our secretariat. the EBT. ow pa and all have gwmg 80 freely of their tiffle Supporting me and thi8 Wonderf Orglsa1. Reswves pallcy Currgnt fw reseNe8 8t the ye¥r-end tym0t lo £4.887. The pow •Jro811 by TnJste•8 18 lo hcAd $uffident re8enie8 to ¢over ¥ potential de{nts Fn s)8tionS tsf around £6,fxK) (boing ground 20% of membtsf5hip lees). Rèserv•$ held over and above thg agreed polry will be invested in fijbn yews in the a(aivibes of the Charity and mth'TVJ its income strearrs sustasn8Ne for the fvthire. M8iorrisk8 The trustees have a66e88ed the major risks to which the dMr6ty is expo. and we 9a$1 that systsm8 are In place to mitb9ate exposure lo th8 major risks. Structurn, governa and managem•nt Thtr Lunar Souety is an Un¢)pOrated 88s0o of its memr$ Ind waB registered as a charity on 19 Soptember 2017. It is goverrd by Trt8 Consbhkn &lopted on 19 2018 and subsequentty amended on 7 AiJgu812017.
THE LUNAR SOCIETY TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 The trustees who served duriThJ the year ar•J up kn the de of 4natfft ofts finanoal statsments arp shown the leg81 and admini81rative ryrformatr'on. C Stontr D L8Bas8iere C S Burton D Dundas AAII A Tayl R Sharrf J Gaytten P Mayer. COllOPted J R8lnford- cwled AS Ubhi D A Searte J Gre¢n (Resh3n 16 2024) (App)int•d 16 Juty 20241 (Appointed 16 Jutry 20241 {AppJinled 16 Juty 2024) Re¢wrtm•nl ond appotrJfrn$nt ollwst8e$ New Trustees are appoirrted by invitat¥Jn to Fjin Ihe Board fokning Ihew elecbon at Th8 Annual General Meeting glven thal they have the necessary skils and e4Jevience to conbilxk to the Socty8 acvibes #nd to able to discharge their 01al¥jns a8 Tnle88. o@&nallon8I slnjctur The TTUStees ddegate Ihe day to and lMInIStr of tho Charity to thè Se(otarl&t. A nèw SerJetsn81 was recruited lin Itne with the BusirsS Plan) in August 2021 of Dr Joanng Horton (Dirgctor of Oper81ion8} and Wendy Me8kin IAdminotr•tor). Both indivKluo1$ ar¢ &mpby¢d on 8 fwlance basls. They ar¢ resKK)n8ible I th& m¥nayorYnl of along with ma0)9, kxli¢ relab"ons. ¢$tarIa1 and athftInlstraQn dubes. The trLFSt pled by thè Board OfTnte& C Ston• Tru$te6
THE LUNAR SOCIETY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LUNAR SOCIErY I reFwJI to Ihè trustee8 my examinat)n of the fmaFKial statwn8nts of The Lunar Soaety (thè eharityl for the year ended 31 March 2025. Rp(1blltl•8 and bo•1• ol rnport A5 the trustee8 of Ihe tharity Y are re4KM)sth for the wepWat1 of the finan(i81 ststem8nts in 00))rdCe with the requirernents of the Chaiiti&sA¢l 2011. I r8POrt in re8pect of my ey2mination of thg ¢ariVs financaal statements cam out undtsr Bg(on 145 of the Ch8nties Act 2011. Irs caryirKJ out my ¢xamirwb"on I have fc4Thved the Oirections by th& Charity Commission undor bOn 145{5)Ibl ofthe chare8 Act 2011. Independent •xamln•rf• •l•t•m•nt Your attèntlon 1$ drawn lo Ihe facl that the charity has pfsparnd the ffinanaal ststements in accordance wilh th¥ rel&vanl version of th8 Statement of Rec4JmnwThl8d Pr8dKe 8ppIKable to tharrt preparing thelr fin8n¢lal statements in accordarKe with the Financi RepClIng Standwd appli(ble in the UK and Republic of Ireland IFRS 1021 in wefor¢t lo Ihe A¢counling and Re[rtIng by Chwrts". Ststerrenl of Recommended Prxtice issued on 1 April 2005 which is to in Ihe extant regubatsons bth has ncw bean wrthdrn. l understand that this has been done in ordw for thé finan(ial Statem to PToyid• a lftrt arKI fr in accordance wth UK Gemrally Accepted AcwJnts"ng Pr81"¢x. I have compwd nry 0xaffitnatl. I conlkn) th4t rK) m8ttern have cx)mtr to my attention In ¢))nn¢#kn wlth tho •xaminab"on giving cause to believe thal in matwial respe¢. actounti¢¥J records w•rn not kept in resperA of ts tharity as r]1•d by 8oclitYt 130 of tha Charlilè8 Act 2011. the finanaal Statements do not accofd th those r¢¢ryd$', or tho financial st8tem1 do not compty witti the app5uble r•quirgments con¢•mthg th• fom and Cp)nlenl of financial statèments set out in the Ch8ribes (A(xounts and Repts) R8gul8tions 2CM)8 other than any requirement that Ihe finonua 8latements gple a true and fair ¥1. is not a matt¥r ConsJod 8$ part of an lNlepei exomlnatron. I have no concam$ and ha ¢rmtr aLXO86 no other matters in conn8cAb)n with ts éxamination lo whkh 8ttenllon Bhould be drawn in th1$ rfjport in to pw of th• financ1 stotam&rts to r&8¢h•(l. Thomao & Young UmStsd Carteton Hou 266-268 Straff(¥d Road Shidey Sc4ihull Bg) 3AD Date..
THE LUNAR SOCIETY STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrnstrlct•d R8•trlct•d fund¥ funds 2025 2025 Total fund8 2024 fund• 2024 2025 2024 Income from.. Donations ant1 legaues Chantable actNth"es Inve31Tnents 33.728 12.061 38,288 12.061 41.099 15291 47.875 88,974 15,291 Total Incom• 45,789 50.327 56.391 47.875 104.266 Expondlturn on: Charit8bb 8¢tNIO•$ 46.471 9.97T 49.657 51,505 101,162 Totsl oxp•ndlturn 46,477 9.9n 49,857 51.505 101.182 Not in¢omol{•xpendrtur•l and mov?m•nt In fund8 (888) {5.439) (8.12TJ (3.e30) 3.104 Re¢oncllltton of lund•". Fund balanc•$ 811 2024 8.575 14.039 1.841 10.935 Fund bal•tt¢•• •t 31 M•r¢h 2020 7,887 25 7,912 8,575 14,039 The statement of financial octivities in¢ludes •1 gain¥ and losw r•¢cgri•d in t y•8r. All ino)m• and •xpendtiur• deiN8 from contnuing athities.
THE LUNAR SOCIETY BALANCE SHEET AS AT 31 hlARCH 2025 2025 2024 Fixèd as¥ots Investments 11 3.OCQ Curr•nt ass•ts Debtors Cash 81 bank 8nd In hd 12 475 188 14,984 8,431 15.172 Credltors: amounts fAMlng du• Twrthln ono y•ar 13 (3.5191 {4,133) Not currnnt •M•ts 4.912 11,039 Totsl •88•t81•88 ¢urrnnt Ilablllu 7.912 14,039 The fund• of the charlty Rèstrictèd in¢om funds Unr*$lrict fund$ 14 15 25 7.887 8,575 7.912 14,039 Thefi ments wore approved by the ffi.....-.................. cst Trus ne
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 AIARCH 2025 A¢¢IntIng policies Charlty infoa0n The LLmar Socsety is an unrted aswoatvjn. govemed by its consttiubon adoOed on 19 July 2016 and 8ubsequ&)lty amènd8d on 7August 2017. 1.1 A¢c¢untsng ¢Mv•th( The final statemenis havts bten pr¢pgred in acojrylan with ihe (tharitys wveming dmnI. th Charities Act 2011 aThJ "Accounb"ro and R8pth"ng by Chariti"es." Statemenl of Recommended Practice oppli¢able lo ¢harTties preparing their aco)unts in aCSrdarbce wrth the Fin8ntial Reporting Standard 8ppIicBble in the UK and ReP(lIC of1101gnd (FRS 102) {ffe(¥e l January 20191". The chartty i8 a Public Benefrt Entty 83 defined by FRS 102. The charity ha8 laknn &Jvantag8 Of1 SORP for cwlbo$ apptrylng FRS 102 Upjate Bulletin 1 not to prepare a Statement of Cash Flw. The ffinancial statements have departed from the Charib•s (A¢(n and Rèports) Regulations 2008 onty lo the extent rtsquired to wovK18 8 true and f8ir view. This departure has Invc4ved follo%ng the Statement of Rewmmended Prac¢ for tharths applyff FRS 102 ratlw th thg VeOn of the Slalemenl ol The financial stateMts are Prwa in stth"ng. whKI) HJ the fvrthnal rrer of the tharty. Mon8tary amount8 in th88e finanuol statoments 8r• to neareet £. The financial statements have Fw•par•d wder IM hlsknicd c£t eon¥kn. The windpol actrjurfng poliaes a(Sapted are sal (AA bal. 1.2 Golng con¢•m Al tho lime of appro¥ing the ffnan(4818tatomont8, th& trust0 ha¥8 a r•a8onablè oxp8d8ticn that lh• ¢harfly has 8dequale resources to cort'nue in operational existence for ihe for&s8oab future. Thus th• tru$t80$ Continue to 8doptthe goiffj con¢em b8 of&£Ints'ng prepar the fin&nc4al statem8nts. 1.3 Charlt•blè fund Unrestricted funds are 8vailabl• for 81 th• dlmllon of I trust In furtharnnc of thoir tharitable obiecbves. Restricted ftM)d8 wa wbi¢¢t to spwfic conditM)ns by donoTs or grantors as to how they may u8ed. The purpos&8 8nd oftr restrKtsd sot out in th• notss to the fnCIal st8tern. Endowment fvnds we sutya to Spe r1)n$ ty that tl c4pltal m4Mt be maintain&Y by the d)arity. 1A Incom• IncNne is reo)gnised vthen Ihe charity i8 legally t[lled to rt after any performance conditions have been met. the arnourts can be measured rdiably. and it is probable thai incom• wil be r1¥¢. Cash donatn$ arè r8rxtynised on reewpt. ottr donalions are reo)Jnised ortce the tharity has been notffied of the donabon. Lml8ss p8rformarKX CdOn5 require deferral of the amouni. Income tax recoverable in rfj1att to donab" receNed under GrfIAKI ordeeds ofco¥enart is recogned atthe th.me ol don8b"on. Lega¢x are recognised on 1p1 or otherwse if the ha5 been nob"fi8d of an irnpending dtstributs'on, the arnount is knovm. and receipt expected. tl the amow)t is not known, lagary is tre816d 89 8 conlingent assel.
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aec¢)untlng poU¢h•¥ Icontlnuedl 1.S Expendlturè Expenditure is reo)gni8ed onc th•r• is a18gal or oblpJal)n to mah a paym•nt to a third rty, it is probabk that settlem¢nt b& r8quired 8nd the aThwnt of the oblallOn can be measuied reliably. All expenditure is accounted for on an a¢uu basis ¥ThJ has been da88nled und8r h6adings that oggwats Costs related to the category. IrreceTbI& VAT is aktat8d to the expws• hogdww to it relates in accordanc8 Wtth slandard accounfjng wadlce. 1.6 Flxod ••••t InvMlJnent• Fixed asset investsmants oro inib8ty measured at trcl10n price exduding transaction costs, and aro subsequenlty measur•d at fair valuè al each rnr•Yttng date. cngeS in faw value are regnISed in net incomell8xpenditurel for th¥ yw. Transa¢lbx ¢08ts ats oxwi8ed a8 InoJrred. 1.7 Ca•h •nd ¢••h oqulvl•nt• Cash and cash equivaknts in h8nd. dewsils held at call tmlh bank8. other 8hort-t&mi liquid investments with 981 matunb'ès of thrèè mlh$ or les8. bank overdfafts. Bank overdrafts $h¢)wn wrthln borruir¥Js in rrIn1 IHtsiib•8. 1.8 Flnanclal Instnents The charity has elected to apply the WOViSKJns of Sethoft 11 'BA%¢ Fin8n¢io1 Instruments, and Section 12 'OtheT Fon8¥81 In8trumnt8188ue8' of FRS 102 to ol it8 finanti81 Instrumonts. Financial in8lrumerrt8 we reccJni8ed in th8 dwity8 b48nc¢ shoth when tM ¢h•lty I)0m party lo the contractual provisions olth8 instrument. Fin¢181 8888ts aThJ Ibabilths Are clY89t wllh thg nfjl gnwunt8 w•othtted In lh• finandal staten7•nts, when there 1$ 8 lègalty trnlorceable nght to set off Ihe recx)gnised amounts and there 18 an Int•ntsw to 8•tt1è on 8 n•1 b8$i6 or to th• 883el 8nd sellje thtr habdrty sWnuttarU6Iy. Bas1¢ Iln•n¢l8Mets Basic fin8nL?81 awls. vA)ic41 inckKltr debtorn tnl rA8h and ba balances. asUd at transadlon pri induding trarwtin ¢osts and we 6ub8equenlty carried al aM0'sed cost using the effective int&rnst mathod urdèss 8rr8ngeent n$tte$ a financang transaction, Whe the transaction 1$ rn6asur•d al the present value of the ftrtvre rlpt$ disc4Junted at a mwket rate ol Interest. Financial a$$o19 dassifi8d as r8caivable wnlhin ono y8ar 8¥9 not orb$ed. Baslc flnanclal Ilabllltl•s Basic fin¥noal liabilities. c¥e(kn bank lows wè inib r8ce¥Jnis•d 81 tr8n8a(thn unlo88 the arrangement constitutes a financing transa, wh&re Ilebt Instrvmgnt rnea5ured at the present value of the fulure payThnts dtscounled gt o m&*fj¢ ro10 01 intwesl. FinaTwA81 I'11t da88ffièd as payable thin year are not amortised. Trad8 tyerfrtors we oblb3at$ to pay for g(JS or sec thal havo bn wiir•J in tho ordinary (r$tr of operabons from suppliers. Amounts payab16 are das as ojrrènt liabilitS if payfflenl is due within one yeai or kss. If nol. they are senIed as norcurrent liablth"es. Trade uedrtors 8¢¢ recx)gnised inItllY at transathon price and subsequenty measur8d at amothwj using the eff8ctsve int8rost Meth1. FinanTral liabffties are derecuJnised when Ihe ¢4yrfra(lual oblWKyis owre (w aro tlistharged ¢x cancelled.
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountiry policie• {Continu•dl 1.9 Employw bgnefits Th& cost of any unused holthy enlive 18 recognised in ts porKJ in th& enWyo&'8 8eTvice8 ore e1ved. Tenytination ban are recognised hrThnedwlety as an experth tn the dwrty is dornonstrabty ¢ommttt6d CrStlcal ac¢ountlng utimots8 and Judgements In th• appkgti.on of the ch#riV8 )unting Oicie8. Ihe tru8ttts are Toquwed to maka jLklgem8nls. o$limal¢8 and assumpb"on$ abolrt the cal.ng amount of asseis and hthlities that are not re8dity apparent from Olher sour¢trs. Thè e81imate5 and associatsd assumptions are basod historKa èxptrrience and other factor5 that 8r• eonsid•ffjd lo be relevarrt. Aclual resuAs may drfer from these èmat¥s. Thè e$tsmats8 and undedwThJ assump1S are reviewed on an ongoing basis. Rèvlsions to •ceounting •$limg19$ ore rwni8ed in the perk)d kn whlch the estimate is revised where Ihe revision affects onty that pèriod, or irt thts penod of the r8vi5ion aThJ fvtu¥e p8riod5 where th8 ravision aff¢¢is t¥)th rJJrrènl and tuturo riod8. In¢ome from dOnlI)rA •nd1•9•cI•¥ Toll Unmtrf¢t•d Ro¥trl¢t•d fvnd• fund¥ 2024 2024 Tot1 nd• 2025 lund• 2028 2025 2024 Donatbn$ and gfft8 Grant8 Memb•rshlp fees 47.875 47.875 41, 41.099 41,L>99 47,875 88.974 Ineom• fr(*n eharltabl• •¢Ovitlo8 Unmtrl¢tod Unrn•trlctod fund• fvnd$ 2025 2024 Charftable actlvStle8 Meetings and events 12.C61 15.291 10-
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from Inveslmtnts Unrestrlct•d Unr•strlct•d fund8 funds 2025 2024 Interest re¢eNable Exp•ndltsn on Crttabl9 ctlvllle• Charltabl• Charltabla a¢tlvltl 2024 2025 Dlr•ct co•t• Projects, meetWW8 trfKI events Managem¢nl and 8dmNiistratknn 13,4)2 41,636 1,416 59,499 40.397 1.266 101.182 Anoly•l• by fvnd Unrestricted luThJs Re8lricled hJnd3 48,477 9.977 49,657 51.505 101,182 Non• of thè trusteAs {ty Y wth ttm) re¢w&t any remuneration or benefft8 from the chadty dunng the year. Employ• Th• 8v•ray• montlty nwthr yewwas: 2025 NuMr 2024 Numbèr Totsl Indwd•nt examinee• fee Fees pgyth to the exwnirw tot*d £1,110 £1,020). 11
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Taxatlon The charity is ¢xwnpt from taxob.on its actNrfitis becwse all ts inc4JwE is apFI for dwritab purposes. 11 Flx•d a•et Inv#slmèT In¥tments Co¥t or valuatlon Al 1 April 2024 & 31 Marth 2025 Carylng amount At 31 M8r¢h 2025 At 31 Marth 2024 12 O•btorn 2025 2024 Amounts falllrnj du• wlthln on• yw. Other dèbtors Prepaynnts orrtl ¥cryu8d IrKom• 475 187 475 13 Cr•dltor•: amounts falllng du• lthln y•ar 2025 2024 Other ueditors 3,519 4,087 3,519 4.133 14 Rthrleted fund• Th• restrt fimds of the ¢hwity *xmrrfi60 tho WxXK>ded balarHxs of donaliorr& and gra1 held on trust subject to eon(lilion$ by donors a¥ to they u3ed. At I ApTI Incoming Rgsourc8s At 31 M#r¢h 2024 r•Bour¢•• expended 2025 Natal lIage Lottery George Cadbury Tfust The HIbbt Trust S38 {S,977) {3,IKM)) It.(NJ)) 25 (9,9rn 25 12
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Rostrlcted funds (Contlnugdl Previous year. At 1 April 2023 Incoming r•80Ue¥ Resource• At 31 March expended 2024 N8tion81 Hltage Lottery George CadburyTwst 45.875 149.505) I2.0J) 47,875 151,50S) 15 Unr•8trfct•d fund• Th8 unrostiid•d fLmd8 of thar*y o)mwiw th• utW8nded b8lanc86 ofdonations and grants which a not subject to specffic condrtions by (kJn(xs and grantors as to they may be used. These indude desRated funds which h• be8n set asth out ol unr8strKted lunds by the trustees for speuffic purposes. At 1 Awil Incoming Re8ourco• At 31 March 2024 rn8ourcM exp&ndod 2025 General funds 8.575 45.789 {46,47n 7,887 previo yew. At1 Ineomlng R•8ourcu At 31 Mar¢h 2023 r••4>ur¢M •xp•nd•d 2024 G¢r ld8 58.391 (49,85n 8.575 16 Anoty•l• of n•t a•••ts b•lw¢en fvnd• Totsl funds 2025 fundg 2025 2025 At 31 March 2025: Investments Current asse04&11fj$I 3,fy)0 4,912 4.887 25 7,887 25 7.912 13-
THE LUNAR SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Aty¥ll of net488ets bthen lth {Continu•dl Unre8trtcted R8strlet•d fund8 fund• 2024 2024 Totsl 2024 At 31 Mar¢h 20X' IrNe8tments Current asse01&bIL¥) 3,000 11,039 5.575 8.575 14,039 17 Rolatod pwty tr*n¥KIIo 14-