REGISTERED COMPANY NITrIBER: 12407737 (England ityd W8l¢s) REGISTERED CHARtrY I%UMBER: 1187549 & Business Adviscfs Endwell Chamb5 6 Endwell R1 Beyhill on Sea Th40 IEA
of the Financial Sta*ments Rewt of the TneeS I 2 InikFenikn¢ Examinevs Rryx)rt StAtement of FitJ8neial Activities Balance Sheet Note5 to the Fina111 Ststeme 6 to 11 Dewled Swement of Financial Aaivtties 12 to 13
The trStee5 who are also dirtttors of the charity for the puw of tk cpanIeS Art 2thS. prtstht their rtp>rt with the financia] stsiemertts of the chariry for year eTr4ed 31 January 2025. The trustees have a(k)Oed the provisions of Accouniing and Rep)ntng by Chariiies.. Ststememi of ReCOmr1 PFactiLt aFplieble to thrrities rY¢paring th¢ir accounis in cOrdance with th FinwKia] RwrtinB St8ThJard applicable in the UK a1 Republic of Ireland (FRS 102) (effective l January 20191. OWECTIVES AND ACTIVITIES Objtttlves #nd 8IIDS The obj1ve$ of the chariry are to crehtr a Ttwrk of rn11 driven entrtpenes to work on some of our lout societal challenges,. from healthcare to ener&y. from nati(] Surity to sustainability. We achieve this objeciive by deliverin8 the academic "Hacking for X" wogra¢S to universiiies xrr6s the United King&)m. training university stsff. students, governm1 pers and Indty in m¢th(xts to solve 8ovemment woblems pxe. The aim of the charity is to bridge the gap IxTh¥een govern a1 Ciety by enwin8 them to work C Jxc4)lems iogdh¢T and build the UK'S Nuonal inrthauon bas¢. Publlc benefl¢ The Director5 are c(XLfiderrt th£t the chlty me¢ts the public IKTKfft aTkl thty c4)nfimi that tlw have tsken irtto account the 8uidance containa in the Charity C(xnnll&si(XLS' 8enernl 8uid&t on wblic benefit where applicable. ACHJEVEMENfs AND PKRFOILMANCE ChArltAble actlwltles The charity's artivities include training univttsity stsff in woblem wlvinB methcth ¢ours¢ delivery. desi8nin8 and developing relevonl wil¢nt 10 5UPP(xt this xthmic coufK to train 8ovemment personnel in being a problem sponsor. to 50wce 8ov¢rnrn¢nt ¢hall¢n8es and validfftte them for the to maintain aThJ yow an UMn1 community w]k) remain c0nnttt aNI enthused 80vemnl challenge& FUTURE PLANS The chaTiry'S fTe plam are our faLknii¢ lo every Iirtivetsity in the UK u well as develq> kyogrammes aimed at sffondary We will aclueve plan by exFwKlin8 into different Sovemmern vertors; our pro8Twnm¢s now irt1Je.. Hacking for Miniwy of fkfenLX Hkin8 for PoliK and Hxking for Spac¢. STRL,CTURE. GOVERNANCE MANAGEME Governln¥ dotument The charity 15 Corttrolled by its governing (kxwnenl the memcnnthjm and a$Slati of lnWKrti(, aTbJ constitutes a limityj comwiy, limiwj by 8iiarrt as defintyj by theC(rfnF4nies Aa 2cm. Company law requires the DhreLtsts to kYepAre swtements for e4th financial year, which give a t fair view of thE State of athirs of the chorit8ble ¢ompany arml the 1MIng re50wces and application of reUrCeS. i]K]lI the net income or exkKnditure for the yw. In prerArin8 these finaTKiai st8trrnarts th¢ dir#tots are requirtd to: . select suitAbl¢ xwuntin8 wIiLxes athj then appty them . obs¢rv¢ th¢ rn¢thS and winciples in the Charities SORP. . rn8ke jud8ernents aTwJ e5timaies that are ffasonable and wixkn¢ . state whetr applicable UK Accountin8 stand have E<¢n followed Si1 toarty mtttia] disclosed and explained in the finwn¢iai st#Mls. . wepart the financial statements on the ¥oing concern lsis it 15 in4yw to wtsume ththe ¢haritsbl¢ company will continue in OFffiIiO Th¢ Dir1 are rtsponsible for keeping aLXXXthW nLY)rds that disdose with rtayjnable awura¢y at gny time the fitwKial ]x)gition of the charity and that enable them to ensure that the fina8[ staents comply with the Companies Act 20(. They we al re5P(XL5ible for re¥ardIng the *5s¢ts of th¢ Charit1¢ C and hertce for king re&g)nable #eps for the prevention and ddexti(m of fraud and rther iwlsritie5.
ommon Trusttts the Year Ended 31 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Risk mg4nagem¢Dt The Directors rewgni5¢ their res]SI111ty to identify the Mai risks whith the chty is ¢xtAML to view these risks and esta)lish sysiems to mitigae them. Risk mAnogement is an ongoing pr((es5 the Direc are ¢thnmined to regular ffviews and a Tneans of understanding the disks to which the chariry is exe& REFERENCE AND ADMINISTIL4TIVE DETAILS Registered Comp4Dy number 12407737 (EnglaTKI and Wales) Registered Charity number 1187549 Regi$t¢r¢d office Chancery Hous¢ 53-64 Chancery Lane London WC2A IQS Trustees MT A A B Brabyn Mr O W Lewis MrARFRoan Dr A M Howk5 Direcior Independent Ex*mlner IMCI Chartered Accouniants & Business Advisors Endwell Chamt¢ 6 Endw¢ll Roftd Bexhill on Sea East Sussex TN40 IEA Approved by of the knrd of trustres on ........ ..... .... and s1cd on its behalf by: Page 2
In Xaminees R Ind¢p¢Dd¢Dt ¢x4min¢r'$ to the trustees of The Commoo Mlsslots Project ('th¢ CompAny') I report to the charity trLLsLee5 on my eXa[nirn of the a¢cowits of the Company for the yearended 31 J8nuary 2025. Re551b11ltles bLsis of As the charity's tnsttts of the Crynpany (a3 its dIred for the of ojmpw l#w) you are responsible for the prepardtion ofthe accouths in accord with the rtyulrenK offv Cthwt¢s Act 21116 (the 2¢6 ALI. Having sa11sfi myself thttt the ts of the Comp•ry ar¢ not r¢quir•l to be alleA1 un&r Part 16 of the 2]6 Act and eligible for i1 examin8ti¢)TL I re1 in respect of my examination of your charity'5 counts carried oul unthr Section 145 of the Chariiics Act 2011 Cthe 2011 ACQ. In carryin8 Out my examination I have followa the Dirtrtions 8iven by the Charity Commissbon lon 145(51 Ib} of the 2011 Aa. Ind¢penden¢ euminer's stst¢mMJt Since your charity's 8rrk&s irKom¢ excealed £250.(KQ Y{M examiner rnu a memkr of a listed i. I can confirn) th I qualified to undertake th¢ examinotion l am a memlxr of the IA4ibJte of Chtered Accountsnts in EnglaTKt and Wales. which is one of the listed IxMlie5. I have cc¢npletrd my examin10n. I c4Mfirn) that MI matters hve to my atlenlicffl in connKlion with examination giving me Cause to klievv. YyJrttirt8 not k4)t iti reswt of the CLMnPffiy as required by Seai(ffi 386 of the 2[ Affj or the accounts do not 4co)rd with those re¢d5. the accounts &) not c(pIY wth the Kcoun¢in8 requirements of Se£tion 396 of the 2( Act other any requiremeni the X¢¢)ts give a In and fair vi¢w whi¢h is a mantt eonsidurd as w of an independent examination: or the accounts hove been wtpw¢d •¢oxdw wtth ANI winciples of the Ststement of Rernmended Pr1¢¢ for ¢ourrtin8 aThJ rerA)rtin8 by chariiies {applicable to charities wepAring tkir a¢¢ounts in aCCordce with the Fin#n¢Ai Rew1ing Sw)d8rd 8ppli¢able in the UK and RepubJi¢ of Ireland (FRS 102)). I have no concerns And have corne a095 no matter5 in CLYuieciion wtth the examinion which attention should be drnwn in this rep)rt in order io ¢nabl¢ ¥ pw r1n80f the coUnts be Th. MR IAN CQAD FCA IMG Chwrtered Accounthnts & Busine55 Advi)15 Endwell Chambers 6 Endwell Rc•d Bexhill on Se E&%t SSSeX rN40 1 EA 20 Octotrtr 2025
The Common Mi5SLOrt Pro. viti 31.1.25 Unre5trictyJ 31.1.24 INCOME AiYD EYIK)WMENfs FROM tk)n81ions and l¢ga¢ies (3) Other trading activities (kher income 391.442 38 47 Tot*1 464,841 391.480 EXPENDITURE ON Raising fur 251,954 12,49) 410.gxj 384,458 Totsl 661854 396.948 NET INCOMEI(EXPENDITURE) 1198,013) 15,468) RECONCILIATION OF FUNDS Totsl fvnds brought forward 254.691 260,159 TOTAL FUNDS CARRIED FORWARD 56,678 254,691
31Jan 2025 31.125 31.1.24 Total fwids FIXED A&SETS Tangible &8sets 1554 CURRENf ASSETS Stocks DebtOT5 Cash at bank 110.534 1.091 188236 10 157.1(M) I[,510 284.010 299.861 CREDITORS Amounts falling du¢ within yeor Q29.886) (48.572) NET CURRENT A&SETS 54,124 251289 TOTAL ASSETS LESS CURRENT LIABILITIES 56,678 254,691 NET ASSETS 56.678 254,691 FUNDS UnTe5tri¢ied fijnds 12 56,678 254,691 TOTAL FUNDS 56,678 234.691 The charitable company is entitltyj io exemOi(m ftryn audit Secti(m 477 of the Ath 2(Mkn for the year ended 31 January 2025. The members have required the c(Ynyw to oirtain audit of its fllwicial statements the year ended 31 January 2025 in accordance with 476 of the CnleS Ath 2{). The tswes acknowledge their Te5WL8ibilitie5 f (a) ensuring ihat the chwitable ¢(n[Y key wuntin8 c(Knpty with Sec¢ii)ns 386 and 387 of the Compani¢5 Act 2(Y)6 and pr¢partn¥ financia] 5wements which give a true and fair view of the stst¢ of affair5 of the Chilable company &4 at the end of financi year and of its sj15 (T (kficii for financial year in accorthce with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the ComrAnies Act 216 relating lo financial strtcmen so far ts applicable to the charithle company. (b) These financial seMents have tren in C(Ce with the w0visi(S opplicabl¢ w cljaritable rompmnies Subject to the sm&ll companies regime. e fi and were Si1 on its ithlf by: AMHa The fonn part of these financial srnts
ACCOiiNfiryG POLICIES B¢ryis ofprenn& th• Jtsleme#ts The financi statements of the charitable eompany. which is a public benefit entity FRS 102, have be¢n prepared in a¢¢ordaTKe with Charities SORP (FRS 102) 'Accounting aThJ RertIng by Charities.. Sthtement of Recorn Practice applicable to charities weparing their xcounts in accord with the Firjanci Rerting Standard applicable in the UK aThJ Rwblic of Ireland IFRS 1021 leff1ve l January 2019),, FiTMncI Reportin8 Sthndard 102 Tr FinOna RertIng applic4ble in the UK aTKI Republic of Ireland and the Com&1¢$ Ad 21Mkn. Th¢ financia] state1n httve iwl weFwed under the historical eost ¢VentI[. Intome All income is in the of Fina181 ArtivIti th¢ Chty l•$ artillent to the fimd& it is probable the income will be receiv•J a1 am¢Mmt be M¢&gEr rdiably. Exp¢ndltyre Liabilitie5 ar¢ r¢co8ni5ed as expermliture Is soon 8$ there is a legat Obligl0n committing the charity to that expertdltu it is wbable thAt a transftr of will be required Èn 5¢tt1ement and the amowit of Obligau me4sured reliably. Exptshditwe is e(nIed fc an 81$ bASiS and has been clsssifia under hrndin85 that 988repte ail CtrA relatyj the ca4cry. Where costs Cann be dire£tly attributcd to mtcular h¢ling5 tlw hav¢ ien allocad io activiiies on a basi5 consis1 with the use of Tn¥lblt flAed usets Tangible fixed tssets we ststed c(6t less deprec110n. tprlation is FYovid¥J #t T45 ¢akui•d to write off the cost less ertimlted ttsidu81 Val of exh 55¢4 over its ¢XFatsl useful life, as follows.. . comLter¢¥IUirrnt. 25% reJJucin8 EdarKe basis Stoekj Work in progress is It tl lowtrof cost reaiisthle val Cost includes direL exFthditte and an pYowti(m of fix4 and vwi4bl¢ ovth¢th. Txtlon The charity is exanpt frrn corwation idtable lTtle$. Fund xcoufylS•g Unr¢stri¢ted fwth can used in with the charitable obiethives * the disudion of the trustees. Re5trided fur¥J5 can only used for wicujar restricted purFxw within the obj&ts of the charity. Restrictions arige when specified by the or wkn furvjs are raisd for IteU1 rtstrictrd purposes. Further expianati(m of the •nd pwrthe of ¢ fimd is tluded in the nth5 to th¢ firnncial 51atemenl P¢n5ioD cojts nd othtr poyst-redrement beD¢fits The Charitable Company operate5 a defined contribjtion %4Kme. CrmtriIoryS Ybac to tk ¢harithbl¢ company'5 pension scheme are to the Ststrment of Financial Artiviti¢5 in th¢ pmiM4 to which thry relatr.
OTHER TRADING ACTivrriES 31.125 31.1.24 Furwjing receipts 391.442 RAISING FUNDS Ri¥ing don•tion$ •nd l¢pry• 31.1.25 Jl.1.24 Proj¢a expens Sukwn costs 1309 38.898 30J98 41207 30J98 NET INCOMEY(EXPENDlTURE N¢t irKom&(exl1Urc) is tsdthrptiW(LYlitin8): 31.125 31.1.24 697 TRUSTEES, REMUNERATION AND BENEFITS There weye no trustee5' fernuTKrntiim for year eThtsJ 31 Jmuory 2025 ry)r for the year end 31 January 2024. TruJte49' eipensej Ther¢ w¥¢ no trust¢es' ¢xpw paid fijr the yr eTrJed 31 Janusy 20 the y¢ar end 31 January 2024. STAFFCOSTS The &ver88t mLmthly numt¢r ofemployees during the yew w45 45 follo. 31.1.25 31.1.24 Profe5sionBI 5tsff SuwK)rt 5thff The number of anployeu whos¢ ¢mploy¢¢ bryfits {exdttB tsnploytr Pets1 o)SL%) exceeded £CII.(I)O w&8.. 31.1.25 31.1.24 £70.IXJI - £80.10 £ll0.Cl - £120.(KM) Page 7 e(Mtinu...
COMPARATIVES FOR THE STATEME OF FINANCIAL ACTIEs Unrestricted INCDME AND ENDOWMEKfs FROM (Aher trthliTrg activities 391,442 38 Tot81 391.480 EXPENDITURE ON Raisin¥ fimds 12.4 384,458 Tot*1 396.948 NET INCOMFJIEXPENDITURE) 15.468) RECONCILIATION OF FLryDS Toth] funds brought forward 260,159 TOTAL FUNDS CARRIED FORWARD 254.691 TAi¥GIBLE FIXED ASSETS Computer equipm¢n¢ COST Ai l Febnwry 2024 and 31 Janupry 2023 4.680 DEPRECIATION At l FebruRry 2024 Ctrthrye foryear 1278 At 31 January 2015 2,126 NET BOOK VALUE At 31 Januw 2025 2,554 Ai 31 January 2024 3,402 Ctift..
ST(KKS 31.1.25 31.124 20.41x1 110,534 DEBTOKS: AMOUNTS FALLING DUE WITHIN OWE YEAR 31.125 31.124 Trad¢ debtors PreFAyments 155.892 1.208 157.1(X) i.(p)I ii. CREDITORS: AMOUNTS FALLING DUE WXThIli ONE YEAR 31.1.25 31.1.24 Trade crvjiiors ial %£urity and cther tax VAT Perksion F4ym¢rt5 A¢cruals deferred iTKOrn¢ Accrued expense5 1,139 12.IgYI 32.046 4.772 14.-180 26.164 1,756 181.0 1,5(Y) 229.886 48.572 12. MOVEMENT IN FUNDS Net movemeni At 31.1.25 1.2.24 Unrestrkt¢d fvudj General fiuld 254,691 (198,0131 56,678 TOTAL FUNDS 254.691 (198.013) 56.678 Net movement in included in the alh)ve ore as foll Incomin8 ReSoue$ Movement in funds UAre8trlded fvndi General fund 464,841 (662.854) (198,013) TOTAL FUNDS 464,841 (662,8S4) 1198,013)
The CoTnmoTE Mission Pro. 12. MOVEMENT IN FUNDS. eonthiu¥J Complradveg for Movemeot In f¥nth Net movement At 31.1.24 At 1.223 Uresirfcted funds 260,159 {5.468) 254,691 TOTAL FUNDS 2&),159 15,468) 254,691 Ccfflparative net movement in Incl in the al¢ areas follows: Ioming Movement in fund5 ¢xpended Unregtrteted fvDds Generdl fund 391,480 [3948) (5,468) TOTAL FUNDS 391.480 (396.9481 (3.468) A ye4r12 month5 and wi(Yyear 12 nKth cthnbined lliOn is as followJ: Net movement in funds At 31.125 At 12.23 UDr#trfcted fuD General fund 200,159 (203,481) 56.678 TOTAL FUNDS 2.159 (203,481) 56,678 A cwrent yar 12 M(th$ wior year 12 monts ¢(bIn net movem¢vl in fuDd% I11 in the knve are 8$ follows.. ImIng in fund5 Unregtrteted Gener fund 85&321 (1,059,802) {203,481) TOTAL FUNDS 856.321 {1,059,8021 {203,481) P88e 10 continugl..
RELATED PARTY DISCLOSURES There were transa fy the ye4r•thJ 31 January 2025. Pa8ell
31.1.25 31.1.24 INCOME AND ENDOWME Gifts (3) Otbertrdlng Aetivits Funding rK¢ipts 391.442 Other Ineomt CothEe¢k 47 38 TotAI lJcomlD¥ r¢iouir 464,841 391.480 EXPENDITURE Raljlng don•liofj$ •nd lewles 1309 Othtr ¢r8ditti AedTrltl Openin8 work in progr¢55 Consuhants fees Entert&inment AdYertisinB Office rent Travel ¢osts C¢MJpurequIi)¢nt VAT in*re Closin8 w(xk in 110.534 61.016 504 9J98 36.576 11.589 41.802 1.965 35,524 12,518 698 682 (20.4) (110.534) 210,747 117.(X)8) Other Wa8es ial Srity PeASions Insurance Sundries Subscriptions Venw hire Staff trainin8 370.391 25.720 7,375 1,981 334,439 32,889 7.123 2,421 575 776 4,838 1,397 2,277 1,092 410,fAX) 384.458 Swpport ¢ts MAD8gemettt Telq)hotte Postage and stati(ffiery 208 22 208 27 Page 12
31.125 31.1.24 M#n*gement Fln#tsee Bank charyes 176 127 Ryirs and renewals Computer wsts 93 6.807 8J85 &585 Gov¢rnanc¢ costs Accounwjcy and legal fees 29.929 23 J44 661854 396,948 exnd11th (198,013) 15,4681 Pw13