Ignite Futures Ltd
Charity No. 1176754
Company No. 05969189
Trustees, Report and Unaudlted Actounts
31 March 21)24

18nite Futures Ltd
Contents
Page5
2to5
Trustees, Annual Report
Independent Examiner's Report
Statement of Flnanclal Actlvltles
Balance Sheet
Statement of Cash flows
Note5 to the Accounts
IOto16
Detailed Statement of Financial Activities
17to18
Page I

18nlte Future5 Ltd
Trustees Annual Report
The trustees. who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financlal statement5 of the charity for the year ended 31
March 2024.
REFERENCE AND ADMINISTRATIVE D￿Alls
Company No. 05969189
Charlty No. 1176754
Princlpal Office
Unit S. Cobden Place,
Pelham Street
Nottingham
NGI 2NX
Reglstered Office
Unit 5, Cobden Place
Pelham Street
Nottingham
NGI 2ED
Dlrertors and Trustees
The Dirertor5 of the eharitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees served during the year..
A. Bellekom
J. Burton
H. Chavda
H. Dabrowa
{Reslgned 25 July 20231
D. Gelon
A. Glbbons
J. Hardv
K. Kinzett
(Resigned 7 December 2023}
K. Lindley
EJ. Sawula
S. Singhal
Company Secretary
S. Walley
Attountants
The Waldron Partnership Ltd
30 Circus Mews
Bath
BAI 2PW
Page 2

Ignite Futures Ltd
Trustee$ Annual Report
Bankers
Cooperative Bank
Exchange Walk
Nottingham NGI 2NX
OBjE￿IVEs AND ACTIVITIES
Ignite Futures Ltd trading as Ignltells a Nottingham based charlty unleashing the Ltnique creative spark in
young people. We att as a bridge between young people, their communities, and professional sectors.
brlnging together fantastic combinations of people to inspire, widen perspertives and break down barrler5.
Our charitable objectlves are to advance education for the public benefit by the promotlon of learning and
teachin& in pèrticular but not exclusively* the teaching of creativity. Our primary audiences are young people
and familles.
Over the course of this year. we have recelved grants from a range of funders to deliver curi05ity-led informal
learning projects in school and community settings. Fun¢Jer5 have included Small Steps Big Changes. The
Renewal Trust, Pioneer Group, Boots Charitable Trust, Nottingham Trent University, Institute for Policy and
Engagement at Ltniversity of Nottlngham, Nottingham City Councll, ChalleNGe LCEP, Department for
Education. Catalent, Capital One and BBC Children in Need.
ACHIEVEMENTS AND PERFORMANCE
Hlghlights for the 2023124 year include the further expansion of the Creative Sparks programme of
curiosity-led after school clubs. Following the tontinued success of Creative Sparks at St Ann's Library
SUPPOrted by The Renewal Trust, we set up a further session at Strelley Library with funding received from
Catalent. Thi5 project has been a wonderful opportunity for regular engagement, building impart throughout
the course of the year.
Curlous Tots, with fundlng from SSBC, has continued to be our flagshlp creative engagement programme for
pre-school aged children, linking a creative practitioner to a pre-school setting in a Bulwell based primary
school on a weekly basis, developlng confidence and language.
The Hidden Figures project ha5 continued with support from Boots Charitable Trust in collaboration with
artists, Science researchers and the Heya communlty group supporting Arab women.
Prlmary Parliament has remained a tore initiative throughout 2023124, tsklng pla￿ once a term. engaging
both maiTrstream primaries and SEND schools, providing children with the opportunity to think as policy
makers and local leaders.
During this year we have remained the lead delivery partner for Nottingham Festival of Science and Curiosity
and strengthened the Festival's content to include further cornmunities across the City, and into the wider
county areas thanks to 5UPPOrt from local businesses. universities and the county and district councils. The
Festival continues to grow in scale and reach year on year.
Over the course of this 23-24 period we are proud to hève supported over 6500 engagements from over
5200 individual participants and 192 5e5SIOn5. Our s¢hoo15-focu5ed work ha5 reached 34 primary schoo15, 14
secondary schools and 7 special schools. Our work has been supported by 11 placement students and
interns. 27 freelance creative practitioners and over hundred volunteers.
This period has seen a further expansion of the staff team enabling a greater capacity within the programmes
team.
Page 3

Ignlte Futures Ltd
Trustees Annual Report
HNANCIAL REVIEW
The Directors consider their responsibilities to report the financial health of the Company and make the
following observations on the year under review.
The directors consider that these accounts show an improved financial position with increased net income
resulting in total reserves of £111,648 lof which £10,551 are unrestricted) at 31st March 2024.
As with many small charftie5. Income is generdted mostly from grants for programme activities for public
benefit. Ignitel is contracted to deliver Nottingham Festival of Science and Curiosity and some modest
earned Income Is achieved through fees charged for delivering activities or speaklng at events not principally
designed or organised by IBnitel As a registered charity Ignitel occasionally receives small donations and we
are also registered to receive Gift ASd.
The charity continues to be successful in applying for grants from a wide range of funding bodies to deliver
activities in accordJnce with its aims and objertives of developing creative approaches to learning, in schools
and local communtties and in respect of projects designed to raise public awareness and understanding of
science.
By keeping administration and overhead5 to a minimum, the charlty devotes a maximum percentage of anv
grants received to programme delivery for public benefit.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
ny time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charlty and hence taking reasonable steps for the preventlon and detettion of fraud and other irregularities.
RESERVES POLICY
The Trustees aim to maintain free reserves In unrestricted funds at a level which equates to approximately
three months of unrestrirted charitable expenditure. The trustees consider that this level will provide
sufficient funds to cover any liabilities and ensure governance and support Costs are covered.
PLANS FOR FLFfuRE PERIODS
We will continue to lead on the delivery of Nottingham Festival of Science and Curiosity as it heads into its
10th year.
We wlll further develop our work with under 45 and thelr familles across Nottingham with the continued
support of Small Steps Big Changes ISSBCI. and focus on expanding the reach and impact of this programme
across Nottingham following the end of the SSBC funded period. We will be exploring opportunities and
partnershlps that will contribute to the sustainability of our early years based work.
We intend to expand our work with the refugee communities of Nottingham, focusing on delivering the
Holiday, Artivities an(1 Food IHAFI programme to engage with refugee children and families over the course
of the next year.
We aim to undertake further work to build the 5UStainability of the Primary Parliament programme and
develop further partnerships and increased school participation.
We will contlnue to work with a broad range of partners inclvdtng schools. counclls, community
organisations, universities, local bu5inesse5 and cultural organisations.
Page 4

18nlte Fuiufes Ltd
Trnstees Annual Report
STRUCIURE, GOVERNANCE AND MANAGEMENT
Direttors of Ignite Futures Ltd. a company Ilmited by guarantee, also act as Trustees for the charlty. Directors
are recrutted by an open appointment process. and following an interylew wrth the Chair and an additional
Trustee, invited to observe a Board meeting before deciding whether to confirm their interest.
All Dirertorsrrrustees act with care. diligence and skills as required by the company and charity legi513tion.
Five meetings of the Olrectors are held each year including an Annual General Meeting, at whlch a thlrd of
the Dlrectors are required to retire by rote, and may be reappointed.
Notices and agendas of meetings are sent by the Company Secretary in advance, and Dirertor5 consider
financial reports at each meeting. The Directors are also responsible for ensuring that the company has
surt3ble and appropriate strategies and policies to ensure best prartice working. These include Child
Protettlon and Safeguardlng policies. and Privacy and Data management.
Directors Instruct the staff of the company to adhere to best practlce in HR and programme management
including the recruitment and ￿spOnsIble management of volunteers. All staff and volunteers working with
young people and vulnerable adult5 are required to have an Enhanced DBS check. Additionaify, all trustees
are also required to complete an Enhanced DBS check. DBS checks are renewed every three years.
The Directors review the suite of company policies, either annually or up to a three yearly cycle depending on
the requirements of a particular policy. They also condLtct skllls aLtdits of their collectlve capabilltles, areas of
expertise and interests. Company policies are interpreted by staff with the support of appropriate indurtion
and training.
The company has a risk register in place which 15 reviewed regularly at board meetings, and all artivitle5 are
risk assessed for hazards to staff, volunteers and participants.
The Dirertor5 also ensure that appropriate levels of public liabilTrty, employer liability and professional
indemnlty Insurance are In place.
The Trustees are responsible for keeping proper accountlng records that dlsclose with reasonable accuraLy at
any time the flnancial position of the charity and to enable them to ensure that the flnancial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable step5 for the prevention and detection of fraud and other irregularities.
The above report h3s been prepared in accordance with the provisions applicable to companies subject to
the small companies regime as Set out in Part 15 of the Componies Act 2LK)6 and in accordance with the
Charitles SORP IFRS 1021.
Slgned on behalf of the board
J. Burton
Trustee
15 November 2024
Page 5

18nlte Futures Ltd
Independent Examlners Report
Independent Examiner's Report to the trustees of Ignits Futures Ltd
I report to the charity trustees on my examinatÈon of the financial Statements of Ignite Futures Ltd for the
year ended 31 March 2024.
Responsiblllties and basls of report
As the charity's trustees of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companie5 Act 20061'the 2006 Att.
Having Satisfied myself that the financial statements of the Charity are not required to be audited under Part
16 of the 2006 Art and are eligible for independent examination, I report in respert of my examination of
your charity's financial ststements as carrled out under section 145 of the Ch3rltie5 Act 20111'the 2011 Act'l.
In carying out my examination I have followed the Dirertions given by the Charity Commission under section
145151 Ibl of the 2011 Act.
Independent examlner's statement
I have completed my examination. I can confirm that no material matters have come to my attention ir¢
connettion with the examination giving me cause to believe..
attounting records were not kept in accordance wlth sertion 386 of the 2￿6 Act . or
the financial statements do not accord with those records: or
the financial statements do not Comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not a
matter considered as part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and principles of the
statement of Recommended PractSce for 8ccouriting and reportlng by charities appllcable to tharities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concern5 and have come across no other matters in connection with the examination to which
attentlon should be drawn in this report order to enable a proper understanding of the financial
statements to be reached.
M Martin ACCA
The Waldron Partnership Ltd
30 Circus Mews
Bath
BAI 2PW
15 November 2024
Page 6

Ignite Futures Ltd
ststement of Financlal Actlvities
for the year ended 31 March 2024
Unrestricted
funds
2024
Restrlrted
funds Total funds Total fuTrds
2024
20Z4
2023
Notes
Incorne and endowments
Charitable artivities
Other tradin8 activities
Investments
93.773
1.090
71
111,913
205.686
1.090
71
95,238
240
Total
94,934
111,913
206,847
95,478
Expendlture ¢)n:
Raising fund5
Charitable artivities
Other
12,288
15,904
63.890
6,905
8,099
47.552
19,193
24,003
111.442
11,145
30.470
75,420
Totsl
92,082
62,556
154,638
117,035
Net galns on investments
Net Incornel{expendlture)
Transfers between funds
2,852
49,357
52,209
21.5571
Net incomel(expendfturel
befoTe other 8ains1(losses)
2,852
49.357
52,209
{21,5571
Other galTrs and losses
Net movement In fund5
2,852
49,357
52,209
121.5571
Re¢onclllatlon of tunds:
Total funds brought forward
7.699
51,740
59,439
80.996
Total fund5 carrled fornaid
10,551
101.097
111.648
59,439
Page 7

18nlte Fulures Ltd
Balance Sheet
at 31 March 2024
Company No. 05969189
Notes
2024
2023
Debtors
Cash at bank and in hand
li
39,035
82.CK)9
121.044
19,3961
111,648
111.648
4,161
61.680
65.841
16,4021
59,439
Credltots: Amount fèlling due wlthin one year
Net current ￿ets
12
Total assets less current Ilabllltles
59,439
59.439
Net assets exdudlng peTrslon asset or Ilablllty
111.648
Total net assets
111,648
59,439
The funds of the charlty
Re5trfcted fund5
Restricted income funds
13
101.097
101,097
51,740
51.740
Unre5trkled fvnds
General funds
Designated funds
10.551
7.699
10,551
7,699
13
Total funds
111,648
59,439
These accounts have been prepared in accordan￿ with the special provisions of Part 15 of the Companies
Act 2006 relatlng to small companles.
For the year ended 31 March 2024 the company was entttled to exemption under Section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their respon5ibilitie5 for complying with the requirements of the Companie5 Art
2W6 wlth respect to accounting records and the preparatlon of accounts.
Approved by the board on IS November 2024
And signed on its behalf by..
J. Burton
Trustee
15 November 2024
Page 8

Ignlte Futures Ltd
ststement of Cash flows
for the year ended 31 March 2024
2024
2023
Cash flows from operatlng artlvTtles
Net Incomel{expenditure) per Statement of Flnanaal Attivities
52.209
121,5571
Adjustments for:
Dividends, interest an(1 rents from investments
Other gains/losses
Ilncrea5ellDecrease in trade and other receivables
Increase in trade and other payables
1711
134,8741
551
I,￿4
63
Net cash provided byllused In) operatln8 artlvltles
17.815
120,4901
Cash IIow5 from l>westln8 activities
Dividends. interest and rents from investments
71
Net cash frorn investin8 activities
71
Net rash from flnanclng actmtles
Net Increa5e/ldrfreasel In cash and cash equlvaleThts
17,886
120.4901
Cash and ¢a$h equlvalents at the beglnnlng of the year
61,680
80,092
Cash and cash equlvalents at the end ofthe year
79.566
59,602
Components of and cash equlvalents
Cash and bank balances
82.(X)9
61.680
82.009
61,680
Page 9

18nlte Futures Ltd
Notes to the A¢¢ounts
for the year ended 31 March 2024
l Accountln8 pollcles
Basis of preparalion
The financial statements have been prepaied irb accordance with Accounting and Reporting by Charities-
Statement of Recommended Pcactice applicable lo chaiities preparinK theif accounts in accordance
with the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffertive I
January 20151- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Companies Art 2006.
Change in basis of accounting or to prevlou5 accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for prevlous years.
Fund accountin8
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
ger7eral object5 of the charity.
These are unrestrirted funds earmarked by the trustees for particular purposes.
These are unrestricted funds whlch include a revaluatSon reserve representing the
restatement of investment assets at their market values.
These are available for use Subject to restrictions imposed by the donor or
through terms of an appeal.
Designated ftjnds
RevaluatSon funds
Restricted fund5
Income
Recognltion of
income
Income Is included in the Statement of Flnancial Activities ISOFAI when the charlty
becomes entitled to. and virtually certain to receive. the income and the amount
of the income can be measured with sufficient reliability.
Income with related Where Income has related expenditure the Income 3nd related expendlture Is
expenditure
reported gross in the SOFA.
Donations and
legacie5
Voluntsry income received by way of grants, donations and gifts Is included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax feclaims on
Income from tax reclalms 15 included in the SOFA at the same time a5 the
donations and gifts giftldonation to which it relates.
Donated services
These are only included in income Iwlth an equ5v3lent amount in expendlturel
and facilities
where the benefrt to the Charity is reasonably quantifiable. measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is Included in the accounts when receivable.
Gainslllossesl on
This includes any gain or loss resulting from revalulng investments to market
revaluation of flxed value at the end of the year.
assets
Gain5/1105sesl on
investment assets
Thls Includes any gain or loss on the sale of Investments.
Page 10

Ignite Futures Ltd
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure 15 recognised on an accruals basis. Expenditure includes any VAT
which cannot be fully recovered, and 15 reported as part of the expenditure to
which it relate5.
Expenditure on
These comprise the costs associated with attracting voluntary income. fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its artivities
charitable artivities and services in the furtherance of its objerts, including the making of grants and
governan￿ costs.
All grant expendlture is accounted for on an artual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and
statutory requirements of the Charity, including any auditlindependent
examination fees. costs linked to the strategic management of the Charity.
together with a share of other administration costs.
These are support costs not allocated to a particular activlty.
Grants payable
Governance costs
Other expenditure
Taxatlon
The charity 15 exempt frorn corporation tsx on wts charitable attivitie5.
Tr4de and other debtor5
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayment5 are valued at the amount prepaid net of any trade discount5 due.
Cash and cash equfvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with orfglnal maturities of three month5 or less and bank
overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or
current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank
overdrafts that are repayable on demand and form an integral part of the company's cash
mana8ement.
Trade and other credltors
Short term creditors are measured at the transartion prfce. Other creditors and provisions are
recognlsed where the charity has a present obligation resulting from a past event that will probablv
result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditor5 and provisions are normally recognised at their settlement
amount after allowing for any trade discounts due.
Penslon costs
The charity operates a defined contribution plan for it5 employees. A defined contribution plan is a
pension plan under which the Company pays flxed contributions into a separate entity. Once the
contributions have been paid the company ha5 no further payments obligations. The contributlOll5 are
recognised a5 expenses when they fall due. Amounts not paid are shown in accruals in the balance
sheet. The assets of the plan are held separately from the company in independently admlnistered
fvnds.
Pa8e 11

Ignite Fu￿reS Ltd
Notes to the Accounts
Receipt of donated goods, facllftles and services
All donated goods, facilities and services received are recognised within incomlnB resources and
expenditure at an estim3te of the value to the charity.
2 Company statu5
The tompany is a private company limited by guarantee and consequently does not have share capital.
3 Ststement of Flnancial Artl¥ltles- wlor year
Unrestrlrted
funds
2023
Restrtrted
funds Total fvnds
2023
2023
Income and endowments from:
Charitable activities
Other trading activities
Totsl
72,408
240
22.830
95,238
240
72,648
22,830
95,478
Expendlture on:
Raising funds
Charitable actlvities
10,176
24,572
969
11,145
29,630
76,260
5,058
4.611
Other
71.649
Total
106.397
10,638
117,035
Net Income
133,7491
12,192
121,5571
Net income before other
¢a1Tr51{105se5)
Other galns and losses:
133,7491
12,192
{21.5571
Net movement in funds
133.7491
12,192
{21.5571
Reconclllation of funds:
Total funds brought forward
Total funds (arrled forward
41,448
39,548
80,996
7,699
51,740
59,439
4 Income from tharftsble activltle5
Unrestrirted
Restricted
Totsl
2024
Total
2023
Curi05ity-led education and
community projects
Festival of Science and
Curi05ity
2,981
111,913
114,894
27,138
90,792
90,792
68,1
93,773
111,913
205.686
95,238
Page 12

18nlte Futures Ltd
Notes to the Accounts
5 Intorne from other tradin8 activities
Unrestrfcted
Total
Total
2023
2024
Workshops/Busking Artivities
1,090
240
1.090
1,090
240
6 Income from Investments
Unrestrlrted
Totsl
Total
2023
2024
8ank interest
71
71
71
71
7 Expenditure on ralsSn8 funds
Unrestricted
Restricted
Total
Total
2024
2023
Costs of generating voluntt7ry
income
Consultancy costs
Advertising
12,224
64
6.821
84
19,045
11,145
12,288
6,905
19,193
11.145
8 Expendlture on tharftable a¢tlvltles
Unrestrlrted
Restrlrted
Total
Totsl
2024
2023
Expenditure on choritt7ble
ortivities
Curiosity-led education and
community projects
Festival of Science and
Curiosity
Govemonce costs
7,089
8,099
,188
17,702
7.680
7,680
11.928
Independent examination
Venue hire
1.080
55
1,080
55
15,904
8,099
24,LKJ3
30,470
Page 13

18nlte Futyres Ltd
Notes to the A¢counts
9 Other expenditure
Unrestrlcted
Restrkted
Total
Z024
Total
2023
Employee cost5
Motor and travel costs
59.385
472
39.720
3,059
2,438
99.105
3,530
4,753
4,054
111,442
69.074
343
Premises costs
2,315
1,719
63,890
4.O¢J)
2,003
75,420
General atlministrative costs
2,335
47.552
io Staff tosts
2024
98,318
98,318
2023
69,074
69,074
Salaries and wages
No employee received emoluments in eX￿sS of £60,tK)O.
The average monthly number of full time equivalent employees during the year was as follows:
2024
Number
2023
Number
Project Management
11 Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
13,149
23
25,863
39,035
4.161
4,161
12 Creditt)rs:
amounts falling due within one year
2023
Other taxes and social security
Other creditors
2,025
4¢)0
1,874
Accruals
6,971
9,396
4,528
6,402
PaEe 14

18nlte Futures Ltd
Notes to the kcounts
13 Movement In funds
Incomlng
resources
At31
Resour￿5
expended
lincluding
At l April
other
2023 gains/losses1
March
ftestrlcted funds:
Restricted Income funds:
BBC Children in Need
Curiosity led education and
community projects- general
Creative Sparks
Curious Tots
Fashion Fictions
Hidden Figures
Holiday Activities and Food
Primary Parllament
16,475
17,3561
9,119
29.754
2,746
11,593
329
29,046
12.345
6.942
10,612
26,844
9,320
110,5031
18,5691
110,8471
11.1891
12.8461
121,1951
1531
19,581
23,223
13,091
5,753
12,759
7.855
9,715
4,993
2,206
Total
51,740
111.913
162,5561
101,097
Unrestrfrted funds:
General funds
7.699
25,639
122,787}
10,551
DeSIg￿ted funds:
Nottlngham Festival of
Science and Curiosity
69,295
169,2951
169,2951
Total
69,295
Total funds
59,439
206,847
1154,6381
111,648
Purp0se5 and restriction5 in relation to the funds:
Restricted funds:
BBC Children in Need
A grant from BBC Children in Need to contribute to our core costs to
support our ongoiing work over 3 3 year period
Curiosity led education and Collaborative projects that explore creativity and curiosity wlth a broad
community projects- general range of participants and partners.
Creative Sparks
Curosity-led after school activities for children in libraries supported by
both Renewal Trust and the National Lottery
Curosity-led after school activities for children in Ilbrarie5 SUPPOrted by
both Renewal Tfust and the National Lottery
A project creating alternative sustainable fashion world5 Wtth six Bulwell
primary schools SUPPOrted by Nottingham Trent University
A programme connecting artlsts, scientists and women's groups to
explore science together.
Holiday Activities and Food A programme to support children and famllies from refugee communities
through creative engagement
Curious Tots
Fashion Fiction5
Hldden Figures
Page 15

Ignlte Futures Itd
Notes to the Accounts
Primary Parliament
A programme champloning children's voices through the exploration of
local and global issues and finding creative solutions.
Designated funds:
Nottingham Festival of
Sclence and Curioslty
An annual celebration of science and curiosity for Nottingham and
Nottinghamshire communlties
14 Anatysls of net assets between fvnds
Unrestrlcted
funds
Restrlcted
funds
Totrl
Net current assets
10,551
10,551
101.097
101.097
111,648
111,648
IS Reconclllailon of net debt
At31
March
2024
At l Aprll
2023
Cash flows
Cash and cash equivalents
61,680
61,680
20.329
20,329
82,009
82,0(19
Net debt
61,680
20,329
82.009
Page 16

18nlte Futures Ltd
Detalled Statement of Flnanclal Actlvities
for the year ended 31 Marth 2024
Unrestricted
funds
2024
Restrlcted
fisnd5
2024
Total funds Totsl funds
2024
2023
Income and endowments from:
Charitable activities
Curiosity-led education and
community projects
Festival of Science and Curiosity
2,981
111,913
114,894
27,138
90,792
93,773
90,792
205,686
68,1
95,238
111,913
Other trading activltles
WorkshopslBusking ActNlties
1,090
240
1,090
240
Investments
Bank interest
71
71
71
71
Totsl income and endowments
94.934
111,913
206.847
95,478
Expendlture on:
Costs of gener3ting donations and
legacies
Con5ultsncy costs
Advertislng
12.224
6.821
84
6,905
19,045
148
11,145
12,288
19,193
11.145
Total of expendlture on rai51n8
funds
12.288
6,905
19.193
11,145
Charltable activltles
Curiosity-led education and
community projects
Festival of Science and Curiosity
7,089
8,099
15,188
17.702
7,680
14,769
7,680
22.868
11,928
29,630
8,099
Governance costs
Independent examination
Venue hire
1.080
55
55
1,135
1,135
Total of expendlture on charltable
artivitie5
15.904
8,099
24.003
30,470
Employee costs
Salarieslwages
staff training
59,265
120
39.053
667
98.318
787
69,074
59,385
39.720
99,105
69,074
Motor and travel costs
Travel and subsistence
472
3,059
3.059
3,530
3.530
343
343
472
Page 17

llnlte Future5 Ltd
Detalled Strtement of Finandal A¢tl¥itles
Premises costs
Rent
2,315
2,315
2,438
2,438
4,753
4.753
Genernl administrative costs,
includlng depreciation and
amortisation
General Insurances
Software, IT support and related
costs
stationery and printing
Subscriptlons
Sundry expenses
Telephone, fax and broadband
320
640
960
749
1,082
1,059
2.141
358
173
279
452
117
205
179
4,054
111,442
896
117
143
62
179
2,335
47,552
1.719
63.890
2,003
75.420
Totsl ol expendi￿re of other costs
Totsl expenditure
Net gains on investments
92,082
62,556
154,638
117,035
2.852
49.357
52,209
121,557}
Net incomellexpendltufe)
Net intomellexpendlture) before
other galnslllosses)
Other Gains
2.852
49,357
52,209
121,5571
Net rnovement In fund5
2,852
49,357
52,209
121.5571
Reconclllatkni of funds:
Total funds brought forward
7,699
51.740
59,439
80,996
Totsl lunds Carried forward
10,551
101,097
111.648
59.439
Page 18