|||Pages|| |---|---|---|---| |Trustees'
Annual
Report|||| |Independent
Examiner's|Report||| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Statement ofCash flows|||10| |Notes tothe Accounts|||| |Detailed Statement ofFinancial Activities||12to|19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |forthe year|ended 31March|2022||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| ||||funds|funds|Total funds|Total funds| ||||2022|2022|2022|2021| |||Notes||E|E|E| |Income and|endowments|||||| |from:||||||| |Donations|and legacies||1,300||1,300|| |Charitable|activities||80,191|16,231|96,422|120,791| |Other trading activities|||623||623|1,190| |Other||||||17,927| |Total|||82,114|16,231|98,345|139,908| |Expenditure|on:|||||| |Charitable|activities||22,015|2,446|24,461|SS,484| |Other|||63,493|7,051|70,544|40,675| |Total|||85,508|9,497|95,005|96,159| |Net gains on|investments|||||| |Net income|||(3,394)|6,734|3,340|43,749| |Transfers between funds||||||| |Net income|before other|||||| |gains/(losses)|||(3,394)|6,734|3,340|43,749| |Other gains|and losses|||||| |Net movement
in funds|||(3,394)|6,734|3,340|43,749| |Reconciliation
offunds:||||||| |Total funds brought forward||||32,814|77,656|33,907| |Total funds carried forward|||41,448|39,548|80,996|77,656| ## ## |Company
No.|05969189|05969189|Notes|2022|2021| |---|---|---|---|---|---| |||||6|6| |Current assets|||||| |Debtors|||11|5,165|35,591| |Cash at bank and in hand||||80,092|50,788| |||||85,257|86,379| |Creditors: Amount||falling due within one year|12|(4,261)|(8,723)| |Net current assets||||80,996|77,656| |Total assets less|current liabilities|||80,996|77,656| |Net assets excluding pension asset or liability||||80,996|77,656| |Total net assets||||80,996|77,656| |The funds ofthe|charity||||| |Restricted funds|||||| |Restricted
income funds||||39,548|32,814| |||||39,548|32,814| |Unrestricted
funds|||13||| |General funds||||30,104|33,498| |Designated
funds||||11,344|11,344| |||||41,448|| |Reserves|||13||| |Total funds||||80,996|77,656| ## ## ||||2022|2021| |---|---|---|---|---| ||||g|6| |Cash flows from operating|activities|||| |Net income per Statement|ofFinancial Activities|||43,749| |Adjustments
for:||||| |Decrease/(Increase)
in trade and other||receivables|30,426|(30,476)| |Decrease in trade and other payables|||(4,512)|(32,006)| |Net cash provided
by/(used|in) operating|activities|29,254|(36,660)| |Net cash from investing
activities||||17,927| |Net cash from gnanclng
activities||||| |Net increase/(decrease)
in|cash and cash equivalents||29,254|(18,733)| |Cash and cash equivalents|atthe beginning|ofthe year|50,788|69,521| |Cash and cash equivalents|at the end ofthe year||80,042|50,788| |Components
ofcash and cash equivalents||||| |Cash and bank balances|||80,092|50,788| ||||80,092|50,788| ## ## ## |applicable|in the UK and Republic ofIreland (FRS102)and the Companies
Act|in the UK and Republic ofIreland (FRS102)and the Companies
Act|2006.|||| |---|---|---|---|---|---|---| |Change
in|basis ofaccounting orto previous accounts|||||| |There has|been no|change tothe accounting
policies (valuation
rules and method ofaccounting)|||since|| |last year and no changes have been made to accounts for previous years.||||||| |Fund accounting||||||| |Unrestricted
funds||These are available for use atthe discretion ofthe trustees
in furtherance|||ofthe|| |||general objects ofthe charity.||||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees|for particular
purposes.|||| |Revaluation|funds|These are unrestricted
funds which include a revaluation|reserve representing|||| |||the restatement
ofinvestment
assets at their market values.||||| |Restricted|funds|These are available for use subject to restrictions
imposed
by the donor||or||| |||through
terms ofan appeal.||||| |Income||||||| |Recognition of||Income is included
in the Statement ofFinancial Activities
(SoFA) when the||||| |income||charity becomes entitled to, and virtually
certain to receive, the income||and||the| |||amount ofthe income can be measured
with sufficient|reliability.|||| |Income with related||Where income has related expenditure
the income and|related expenditure|||is| |expenditure||reported
gross in the SoFA.||||| |Donations|and|Voluntary
income received
by way ofgrants, donations|and gifts is included|||in| |legacies||the the SoFA when receivable and
only when the Charity has unconditional||||| |||entitlement
to the income.||||| |Tax reclaims on||Income from tax reclaims is included
in the SoFA at the|same time as the|||| |donations|and gifts|gift/donation
to which it relates.||||| |Donated services||These are only included
in income (with an equivalent
amount
in expenditure)||||| |and facilities||where the benefit tothe Charity
is reasonably
quantifiable,
measurable||and||| |||material.||||| |Volunteer|help|The value ofany volunteer
help received is not included|in the accounts.|||| |Investment|income|This is included
in the accounts when receivable.||||| |Gains/(losses)
on||This includes any gain or loss resulting
from revaluing
investments
to market||||| |revaluation|offixed|value atthe end ofthe year.||||| |assets||||||| |Gains/(losses)
on||This includes any gain or loss on the sale ofinvestments.||||| |investment|assets|||||| ## ## ## ## ## ## ## ## ## ## ## ## |3|Statement|o|f Financial||Activities - prior|year|||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted|| ||||||||funds|funds|Total funds| ||||||||2021|2021|2021| |Income and endowments||||from:|||||| ||Charitable|activities|||||29,403|91,388|120,791| ||Other trading||activities||||1,190||1,190| ||Other||||||17,927||17,927| |Total|||||||48,520|91,388|139,908| |Expenditure
on:|||||||||| ||Charitable|activities|||||5,548|49,936|55,484| ||Other||||||4,066|36,609|40,675| |Total|||||||9,614|86,545|96,159| |Net|income||||||38,906|4,843|43,749| |Net income before other
gains/(losses)|||||||38,906|4,843|43,749| |Other gains and|||losses:||||||| |Net|movement|in funds|||||38,906|4,843|43,749| |Reconciliation||offunds:|||||||| |Total funds brought forward|||||||5,936|27,971|33,907| |Total funds carried forward|||||||44,842|32,814|77,656| |4|Income from||donations||and legacies||||| ||||||||Unreslricted|Total|Total| |||||||||2022|2021| ||Donations||||||1,300|1,300|| ||||||||1,300|1,300|| |5|Income from||charitable||activities||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2022|2021| ||Curiosity-led
education
community
projects||||and|25,026|16,231|41,257|91,388| ||Festival of
Curiosity|Science and||||55,165||55,165|29,403| |||||||80,191|16,231|96,422|120,791| ## ||||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| |||||||||E|E| ||Workshops/Busking||Activities||||623|623|1,190| ||||||||623|623|1,190| |7|Other income||||||||| |||||||||Total|Total| |||||||||2022|2021| |||||||||E|F.| ||Covid support grant income||||||||17,927| ||||||||||17,927| |8|Expenditure|on charitable|||activities||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2022|2021| ||Expenditure|on charitable|||||||| ||activities||||||||| ||Curiosity-led
community|education
projects||and||22,015|2,446|24,461|55,484| |||||||22,015|2,446|24,461|55,484| |9|Other expenditure||||||||| |||||||Unrestricted|Restricted|Total|Total| |||||||||2022|2021| ||Employee costs|||||56,758|6,303|63,061|33,026| ||Travel costs|||||215|24|239|897| ||Premises costs|||||3,544|394|3,938|3,515| ||General administrative|||costs||2,058|228|2,286|1,977| ||Legal and professional|||costs||918|102|1,020|1,260| |||||||63,493|7,051|70,544|40,675| ## ||||||||2022|2021| |---|---|---|---|---|---|---|---|---| ||Salaries and||wages||||63,061|33,026| ||||||||63,061|33,026| ||No employee received emoluments||||in excess of660,000.|||| ||The average||monthly|number offull|time equivalent|employees|during the year was as follows:|| ||||||||2022|2021| ||||||||Number|Number| ||Project Management||||||2|2| |11|Debtors|||||||| ||||||||2022|2021| |||||||||6| ||Prepayments||and accrued income||||5,165|35,591| ||||||||5,165|35,591| |12|Creditors:|||||||| ||amounts|falling due within one year||||||| ||||||||2022|2021| ||||||||6|| ||Other taxes||and social security||||1,811|1,323| ||Other creditors|||||||5,000| ||Accruals||||||2,4SO|2,400| ||||||||4,261|8,723| ## |Movement|in funds|||||| |---|---|---|---|---|---|---| |||||Incoming||| |||||resources||At31| ||||||Resources|| ||||At 1April|(including
other|expended|March
2022| ||||2021|gains/losses)||| |Restricted funds:||||||| |Restricted income funds:||||||| |Curiosity-led|education|and||||| |community|projects||32,814|16,231|(9,497)|39,548| |Total|||32,814|16,231|(9,497)|39,548| |Unrestricted|funds:|||||| |General funds|||33,498|82,114|(85,508)|30,104| |Designated|funds:|||||| ||||11,344|||11,344| |Total|||11,344|||11,344| |Total funds|||77,656|98,345|(95,005)|80,996| ## ## |14|Analysis ofne|t assets between funds|||| |---|---|---|---|---|---| ||||Unrestricted|Restricted|| ||||||Total| ||||funds|funds|| ||||f|f|f| ||Net current assets||31,951|49,045|80,996| ||||31,951|49,045|80,996| |15|Reconciliation|ofnet debt|||| ||||||At 31| ||||At 1April||March| ||||2021|Cash flows|2022| ||||f||| ||Cash and cash|equivalents|50,788|29,304|80,092| ||||50,788|29,304|80,092| ||Net debt||50,788|29,304|80,092| ## |||||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---| |||||funds|funds|Total funds|Total funds| |||||2022|2022|2022|2021| |||||E|E|f|E| |Income and endowments|||from:||||| |Donations
and legacies|||||||| |Donations||||1,300||1,300|| |||||1,300||1,300|| |Charitable
activities|||||||| |Curiosity-led
education
community
projects|||and|25,026|16,231|41,257|91,388| |Festival ofScience and|||Curiosity|55,165||55,165|29,403| |||||80,191|16,231|96,422|120,791| |Other trading activities|||||||| |Workshops/Busking||Activities||623||623|1,190| |||||623||623|1,190| |Other|||||||| |Covid support grant||income|||||17,927| ||||||||17,927| |Total income and endowments||||82,114|16,231|98,345|139,908| |Expenditure
on:|||||||| |Charitable
activities|||||||| |Curiosity-led
education
community
projects|||and|22,015|2,446|24,461|55,484| |||||22,015||24,461|55,484| |Total ofexpenditure
activities|on||charitable|22,015|2,446|24,461|55,484| |Employee costs|||||||| |Salaries/wages||||56,758|6,303|63,061|33,026| |||||56,758|6,303|63,061|33,026| |Motor and travel costs|||||||| |Travel and subsistence||||215|24|239|897| |||||215|24|239|897| |Premises costs|||||||| |Rent||||3,498|3&9|3,887|3,515| |Light, heat and power||||46|5|51|| |||||3,544|394|3,938|3,515| |General administrative||costs|||||| |Generalinsurances||||702|78|780|775| |Software,
ITsupport
costs||and related||348|39|387|178| |Stationery and printing||||1,008||1,119|1,024| |||||2,058|228|2,286|1,977| ## ## |Ignite Futures Ltd
Detailed Statement ofFinancial Activities|Ignite Futures Ltd
Detailed Statement ofFinancial Activities||||| |---|---|---|---|---|---| |Legal and professional
costs|||||| |Accountancy
and|payroll|918|102|1,020|1,260| |||918|102|1,020|1,260| |Total ofexpenditure|ofother costs|63,493|7,051|70,544|40,675| |Total expenditure||85,508|9,497|95,005|96,159| |Net gains on investments|||||| |Net income||(3,394)|6,734|3,340|43,749| |Net income before
gains/(losses)|other|(3,394)|6,734|3,340|43,749| |Other Gains|||||| |Net movement
in funds||(3,394)|6,734|3,340|43,749| |Reconciliation
offunds:|||||| |Total funds brought|forward|44,842|32,814|77,656|33,907| |Total funds carried|forward|41,448|39,548|80,996|77,656|