ChiTty rtgijtrttlion numb•r 1192135 (Engllnd and W•les1 Company regl•tratlon numbor 11842873 NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Tru8lee8 Prof S Anderson Dr M Young J Dexlei Dr P S¢hdes ProfZA Tighe S•cr•tsry Ms S W8ley hlty numbw 1192135 Company nurnber 11842873 R•gl*t•r•d office Unil 5 Cobden Chamb8r8 Pelham Street Ntsttingham NG12ED Indtrpond•nt •xamlMr Rogers Sp8ncer Nwslead House Pelham Rt1 Nottingham NGS 1AP
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED CONTENTS Pag• Independent ex8mineff8 report Statement of flnanclal aclvltles Balance sheet Notes lo Ihe finanal 8latemenls 8-15
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Iruste•s pr8s8nl their 8nnu81 r•port and ffnandal stslements for Ihe year gnded 31 March 2025. The financial 6ts1ements have been pr¥parod in accord8n¢e wlih the accounlin9 poh"¢iès set out in note 1 to thg financkal slaternenls and compty wllh the tharty's goveming dowment, the Compan$ Aci 20( and 'Accounting and Rewling by Charfe$." Statement of Re¢omm8nded Pra¢ti¢e applicable to ch8rilies preparing their accounts in accordanca with the Fin8ncial Reporting Stsndard appllcable in the UK and RopulAlc of Ireland {FRS 1021" effecbve 1 January 2019}, Obje¢tlv•s and activltles DurfNJ this period, the Trustees report on ils central advlty. the Nottlngham Fests'val of Scienc¥ and Curiosty which look Pla in F8bruary 2025. The ¢haity's objeclNes are to advance pubffic edu¢alion, including public underslanding of suencè, lechnology. engineering and maths, by offering aceessible, ¢reallv& and relevant a1¥111¢$ to Ihe broadest FM)ssibkg range of people, in partl¢vlar but not exclusively by.. providing OPPOrtunilieB that enable people of Nottingham and Noitinghamshire lo have a better understanding of how Sci. t8chnology. engineerfng, math5 and related dlsdplines are part of and impact on Ihelr everyday lives., providing a¢tiviti&s that slirnulate and nurture cuth)grty. creativity and imovalion,. thlitaling dialogue behyeen sdenlists, researcherslexpert8, UGatOrs and cl1 society.. providing hand6 ¢n. Inlgractive and p4rticipalory science events and acliwlSe8 Wth brogd and lasling impact which will encourage increased publ1¢ engagement and undefstsnding of 6cien¢e a065 Ihe bjll breadth of our diverse society. Achi•Y•ments and p•rfornian¢e The Noitingham Festiv81 Of Sence and Curfosty look place from 10th 10 21st February 2025. Thls yeaT marked our 101h year of the festival. We wer9 delighted and proud to celebrate our 101h birthday, and offiually launch the festival. alongside our partners and contributors 8t Ihe new She00d Observatory in Sutton in Ashfield. Notlingh8mshire. Community •ng•g•m•nt and publ[¢ •v•nis This year we had 106 public events taking pLe all across Noltinghamshirè, our highest number ever. pioduced events al 47 venues including libraries. Nottingham Cathedral, Wollaton Hall. Lakeside Art8. Green'$ Imndmill and community groups. spaces across the county. 266 wntribLrtors were invoed, raThJing frorn stsff and $lud&nts from University of Noltingham IUONI and Nottingh8m Trènt Universrty INTUI, (yeative and STEM based Prtionar$ and sl¥ff from our fvnding partners or other local business&s. Our volunteers ¢ontinued lo makè 8 valuabla contrt*uUon in ensurlng the events were sU¢¢os$ful arHI well managed. In 2025. we had an inc¥eased focus on SEND engagement within our publi¢ wents. and we were delKJhted to work with the Autbm and Leaming Disability K&yworking SeNce team at Noth"ngham Cty Council to devglop the SEND anelarium and accessible events 81 Nolllngham Cathedral. Wa wero proud to ¢ontinue our Ctsmmunty Grants Programme. supporting local communty groups to develop thair own talored everrts to engage theiT resp8thv8 audiences. In 2025, we awarded CoNMmunity Grdnls of £500.00 to Anoolan Women's Voice Assoaalion. Diversify EducatKJn and Sp8drum WASP.
NOThINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Engagertnt wFth ¥¢hoolB and colleg•s More schoolslcolleges than ever beforè were eng8ged across the feslrval programme, 70 partIp.ng. The Real SrAencè in Schools Symposium al Nottlngham Counul House ¢onlinued lo be a focal PCint for the engagement with s¢hool8, and this was expand8d fvrther in 2025. with an additional Syrnposium tan9 pla¢e at Mansfield Town Hall. Afurther highlight was a slte vlsil by ATTFE college to Lolng O'Rourke. Following a SuSsfLI pllot In 2024, we wntlnu9d to offer an extra morning $esslon at the Symposium tailored lo support engagem8nt wtth SEND sthools. We fijrther developed our work in Ihi$ 8Tea through an gxpan8ion of the premous year'$ project with rU chemkslry students. Together they fomied colEatrx>ration$ to expiore chemistry In creative and eSSIble way within thg school settings, and showcase their work together at the Symposium. We conlinued to work in collaboTab"on with the graphlc dgslgn students at Confetti lo de8lgn and (Teale th annual magazinè and feslNal pro9ramme. This partnership provide$ sludents with a valuable opportunity lo furth&r devebp their practical skills and experience. We also again worked wilh the primary aged students at th& Wg11s' Academy.. they helped adw50 on th magazine's ojntsnl to ensure maxlmum aCCesbilltY And engagernent with our tsrgel age group. The 2025 edhlon eelebfaled the festival's 101h blthday and prowded fun and educauonal STEM themad content. 12.000 copies were distributed to schools. community groups and partners auoss tho eounty. Th& magazine was also m•de available oTrline vla the festival websbte. The whol8 4¢h of the festival Incre8$gd this year with 11,0(M) 8tt8nd888, 341JO puplls as part of the schools, programm8 and all Nottingham 8nd Nottlnghamshire postcod8$ gng8ged. We were d8ligM¢d that 95% of f98dback re$ponse8 reported that they had leamt 80methlng n8w, demonstrating the impo01 of the leaming experlences enabled by the festNal. FlnonGlal revl•w The Trustees consid8r thèir responsibilities lo report the financial heallh of lh o)mpany. and make the following observation5 on thg y88r undèr reew. Duiing this perfod. trustees of Nottingham Festival of Science and Curiosty undeN8nt d8lailed d[SlSsIOns wmh the truslee$ of Ignite Fulures {Va Igniteg, the producers of the leslfval, lo explore the potenlial opportunrties in operaung as one ¢haiity owing lo 1he alignmènt In txjr tharitab aims. Ignilel w88 part of the founding group for Ihe f¢stNal and has baen tho key delrvary partner 3ince the feslwal's inception. Tntslees consJ8rad htm the merging of the tsvo 0ry8nisalions would b8 in the best interests of Ihe fgsllval, th terms of ils sustsinabllity, ntinUed growth and P0811ive impacl on lis bgnofidarles. A robust process of discusslon and due diligence was caThied oul, and the trusl8ès were in unanimous agreement lo proceed. Therefore, the next 202&26 rycle of the festlval will undertaken as a pro9ramme of Ignilel with FOSAC Iwstees joining the board ¢f Igni181 The delIry team remains the same. Remaining cash assets are to be donated to Ignitel and be hdd as a restricted fund for the purpose$ of the festival and u in accordanc8 with our ¢harit8bie aims. The Trusttres consider that the pre-merggr accounts for the Nottlngham Festival of SGionce and Curiosty show steady fin8nu81 pos({n. Effort on thè part of the TNslees and thè staff team of Ignite Futures continued to resuh in a broad bas& for incorne to th8 chadty Invofwng universities. Ic¢al aUthoritS. the voluntary, public and private sectors. The Trusleos notè that there is little irKome from donlon$ to the charity. nor from sales or eamod Income and that the future prospects for oamed income continue to remain small. The charty is registered for gift gKI, and 1$ exempl from ((poratIon tsx.
NOThINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 RB••Ne$ Pollcy As a charity Noltingham Festival of scien and Curfosity has minimal fixad costs and ovtrt)eads. Each year >95% of gxpendllure 15 focused on tho annual scneè festival through a ¢ombination ol payment for Ignilel service8 for lèstThial production and costs associaled whh the event. This all15 for a certain amount ol inh8renl tlexitH'Ity a1 mltiggtion regarding overdl flnancAal exposur• and risk for the charity. Therefore, for this 24-25 pèriod, TTUStees agreed Ihal the finanaal restr$ should be set at a lèvel which Cver$ annual non-feslfval costs. plus 3 months, of Ignilel services cos15 assoc4aled with the next annual festival. Trustees have typicalty reviewed the policy on an annual basis. As the merger wllh Ignitol wa5 confimi•d at th• end of this P10d. a further review lo cover the future period has not b88n required. By keeplng administration and overh&ads lo a minimum, the charity dovotes a maximum percentsge of any $UPFOrt received lo progiamme delivory for publi¢ bèngfft. Pl•n$ for futurn pèrlods As detailed above, Nottingham Festlval of scnCe and Curioslly will continue frtsm 2025126 as a progmmme of 5gnitel taking place betsveen 9th to 2CXh Fèbruary 2026. The 8mbilions for the festival conts'nue lo be as strong as &ver and trustees are ¢onffident that the festival wll go from strength to strength th a committed delivery team, continued partnerships and experienced trustees. ovarsight on thè nèwly combined 1gnf(el Board. The work of the festival will continue to prL)riti underserved communities and we will collaborate wilh new partners and venues to reach these audlences. The CommunTty Grants programme is also du& for continuation in the next period, supportlng communty groups to tjovelop Iheir own aCsSible events tailored lo thelr respective audiences. Structure. gov•manc• and manag•mont Dlrectors of The Nottingham Festival of Saènce and Curigsity Ltd, a compary timbted by Guarontg9. alg0 aGt as Trustees foT Ihe charity. Trustees have been re¢ruit•d by an open appointment process. All DirectornrUSteeS acl wlh care, diligence and 5knU as reqred by the company and charity legwlation. Until the end of Ihls period. five meetings of th8 Directors were held each year induding an Annual General Megting. at which Ihird of the Directors were required lo retsre by rote. and could then be reappolnled. The Nottingham Festlval of Science #nd Curfosity Board of Truslees created sutrkgroups wthich focused on parNcular areas ol work and development. During Ihis period, the su&groups fo¢useil on fttndraising, evaluation. visibility and equity, dlversty and inclusion. SulF9roups were fomd of Trustees wrth r$led interest or experti8e, Ignrtel staff tearn and membèrs of the board th•1 acted in an adwsory ¢apaaty. 14otic8s and agendas of me8lng$ were sent by tha Company Se¢r8tsry in advance, and Trustees considered financial raports at each meeting. Th& Trustees have also been re$pon8iblè for ensuring that the MpanY has had suitsble and appropriate Strategies and policies to ènsure best practti woMng. These include Child Protection and Saleguardlng Oicies, and privacy and data management. Through the contra¢t wilh Ignite FLthJre8 Ltd, all staff and vdunl$Ors working wrfh young peopl• and vulnerable adubts were required lo have an Enhanced D8S chgc AJI acMties were dsk assessed lor hazards to staff, Volunte¥ and public. The Trustees have been responsible for ke&plng proper acCounn records that disdose with reasonable ac¢ur8 al any time the financial position of the charity and lo enable Ihem to ensure that the financial slalements comply with the Companles Act 21X)6. The Trustees remain responsible for safeguarding the assets of the charity, and hencg takir#J reasonable steps for the prevenlion aThJ det8th.on of fraud and other irregularitie$. The above report has been preparèd in ac¢ordanc¢ wrth the provision$ applicabl• to comp8ni&s subject to the small companles reglme as 6el rjut in Part 15 of the Companies Act 2006 and in accordancè wllh Ihe Charilies SORP IFRS 1021.
NorriNGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees. who are Also th8 dlractors lor the purposè of company law, And vtho ¥erved durfng the year and up lo Ihe dat* of Signature of the financial statements wer8.. Prof S Anderson Dr M Young J Dexter Dr P Scholas Profz A fig The trustoè$' r•port was approved by the Board of Trusle8s. Prof SAnderson Trust 10th D8¢amb¢r 2025
NOTTINGHAM FESTWAL OF SCIENCE AND CURIOSITY LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED I report lo the trusl8gs on my examination of thè financial slatemenl$ of Noltingham Fèstival of Sden¢e and Curiosty Limited (the charilyl for the year ended 31 M8r¢h 2025. R9$ponslblllUH and ba•1• of rnport As the Iruslees of the charity land also its dior$ for th8 purposes of ¢omp8ny law}, you are regponslble for the preparatn of th• fin8ncial statements in a¢cordan¢e with Ihe requirements ol the Companies Act 2006. HaVg satisfied myself th81 thè financial statement5 of the charity are nol required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent 8MbnatiOn, I report in respect of my examlnation of the L*0rity'$ financial stalemenls carrieil out under seclion 145 of the Charitias Act 2011. In caffwng Out my examinatson I havè folk)wed the Direclions givtrn by the Charity Commission undw $èclion 14515llb) of the CharOtOes 2011. Independènt •xamln•rfs statemeDt I hgve completed my examination. I confirrn that no matters hav8 comè to my attenlitsn in connectn wrfh the èxaminatkin giving rne cause lo believe Ihal in any material respect.. accounting recoriJ8 were not kept in respect of the charty as r8quiTgd by sectlon 388 ol Compani98 Act the ffinanrA81 stalgmènts do not acurd with those cOldS,. or the finanoal 8lalemenls do not cornply with th& accounllng requirements of sectn 396 of the Companies Act 2006 other than any r8quiremenl that the finanri#l $tsl&ments give a liue anfj fair view, which is not a matter considered as part of an independent examination., or Ihe financial statements have not been pr8pared in a¢cordance th the methods and principles of thg Statement of Recommended Pr8cti¢e lor accounting and reporting by charities applicable to ch8ri1i•s preparing th8ir finanual statements in accord8rh¢& with the Finar)dal Repo"nO Standard appCable in the UK and Republic of Ireland {FRS 1021. I have no concems and hav• come across no other matters connection with thè examln9tion to which attention sh¢)uhJ be drawn in this report In order lo anable a proper understandlng of1he financial stst¢mfjnt$ lo b& raached. Lisa Johnston FCA for and on behalfof Rogers SpeThr Newstead House Pelham Rd Nottingh8m NGS 1AP D8led.. Is.1 ! ?lak)
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 UThr•strictsd Re¥tricl¢d funds fvnds 2026 2026 Totsl Unrntstrictsd R•slrf¢tsd funds funds 2024 2024 Tot*1 202$ 2024 Not•s In¢omo from: Charitable acdvlti68 83.999 83.999 85.817 85,617 Ex nditure on: Charitablè 8¢tMb"e$ 81,136 81.136 92,235 92,235 Not in¢omo11?xp•ndilure) forth• ye•rl N•t M0ment in funds 2,B63 2,863 (6.818) (6,618) Fund balances al 1 April 2024 75 3.260 3.335 75 9,878 9.953 Fund bIn¢•¥ at 31 Mar¢h 2025 75 6,123 6,198 75 3.280 3,335 Th• statement of finarrAal actiMth8s indud8$ 011 gain5 and Ios8e5 recognlsed in Ihe year. The slat8m8nl offin8nu814divibe¥ includes all galn$ and lo$ses reonI5d in thg year. All income and expendtture deriva from Conllwlng a¢tlvft(es. The slalement of finanryal activibgs also complles with the requir8mgnl$ for an In¢ome and expondilure accaunt under the CompaniesA¢t 2006.
NOThINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED BALANCE SHEEr ASAT31 MARCH 2025 2025 2024 Notes Curr•nt assèts 08btOTS Cash ¥1 bank and in hand 10.971 3.576 8,429 8,429 14.547 Crndltor¥: amounts lalllng due wlthin one y•ar 10 12.231) 111,2121 Net ¢yrr•nt assets 6.198 3,335 Th• fund$ of th• charlty Restricted income funds Unrestrictèd funds 6,123 75 3.260 75 12 8.198 3,335 The company is entrfed to the exemptlon from thg audit requlremgnl contained in section 477 of the Ci)mpani&s Ad 2006, for th& year ended 31 MaTch 2025. The directors a¢knowledgg their responsibilibes for complying ¥th the rèquirements of the Companies Act 20C6 th rospect to atxounting records and the preparafjon of financJal 51atements. The rnembers have not required Ihe company to obtain an audrt of rts financAal ststem&nts for Ihe year in question in acLordance w6th 89cOon 476. These financial statements hgve been prepared in accordance with the provislon$ applicable to ¢(Thpanies subject lo tr)e small ¢ompanies regime. 10th Dgwthr 2025 The final1•1 ststoments were approved by lh• trustees on . Prof SAnderson Tnmtee Company registrallon number 11842873 (England and Wales)
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounung policl•s Chaiity Snforniatlon Nottingham Fèslivol of s£nee and Curloslty Limited is a private rMpanY limitad by guarantee nrporated in England and VVal&s. The registered office is Unk S Cobden Chambers. Pelham SlreeL Ncttingham. NG1 2ED. 1.1 Basis of pr•par•tion The financAal siatements have been prepared in accordance with the goveming document, the Companies A¢t 20CO, FRS 102 'The Financial Reporting Standard appli¢able in the UK and RepLTrbllc of Ireland" and the Charibes SORP 'Aecounting and Reportlng by Chariltes.. Statemènt of ReCMMended Practice applicable to charities preparing their accounts in accordance with the Finawal Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102).. The charity is a Public Bèrffit Emity as dofined by FRS 102. Tho tharity has taken advantap of the proTrhions in the SORP for chorits9s not lo preparo a statement of h ftow8. Th8 financial $latemenls are pr8parad In sted1r, which is tha fun¢tlonal currency of the ch&ity. Momlary amounts In these ffnanaal statemgnts arè rounded lo the n&ar8$1 £. The financial statements have been prepargd undgr the hi$tori(l cost wnventlon. The princlpal accounting pollue8 adopted are set out below. 12 Golng conc•m The charity ceas8d trad4ng on 31 March 2025 and all assets are lo be trgn$forrod Its Ignite Futures Ltd (charity number 1176754. cThnp8ny number OVd691891 Iradlng as Ignitel posl y•ar end as d8tail8d in note 14. The finanrial statements can Iherefora not b& prepared on the going ¢on¢èm basi$. A brnak up basis has been applied. wllh the onty asset baing the bank balance. Once d[tOrS have boon paid post year end any remaining funds will be translarrad to Ignite Futures Ltd as a restrlcted fvnd. 1.3 Ch•rllablg fvnd• Unresliicted funds are availabl• for use at the dl8ctslton of the twstsas in rthern¢• of their charilaNg obiectNos. Restricted funds are subjtrct lo speclflc conditions by or grantors as to how they may be used. The purp03e3 and usos of the restricted funds are set out in the notes lo the finandal statements. 1A In¢om? In¢ome 1$ recognised whgn the dwrity 1$ legally entitled to il aftor ary pèrfornar cond6tkn8 hav8 On mg( tha amounts ¢an be measurod roliably. and it is probable that InMe wlll be receivad. Cash donatk)n$ are regnised on recalpt. Othw donations are recogn once the drity has been notffied of the donation. unlÈ8s perf0mn¢t ¢onditions requir8 deferial ol the amount. Income tsx recov8rat4è in relion to (Jonalions Tecelved under Gift Aid or deeds of covenant Is re¢ogni8ed at the fjme of the donation.
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poII¢i• Icontlnugd) 1.5 Expendlturn Expenditure is recognlsed once there is a legg1 or conslructivtr obllgation to Iransfgr 8conomic benefit to 8 third paty, it is probable that a Ifansfer of ectsnom benefts wll bè required in Settlement, and the amount of the OblatiOn can be me88ured relbty. Expendilurs is classffied by 8ctiMty. The cost8 of eoch actIty are made up of tha total of direct costs and shared costs, induding support costs involved in undgrtaking each activty. Dlrect Costs attributa0 to a single actwity are allo(sted direclly lo thal aclivity. Sh8r¢d costs whith conlribute to more Ihan one aclivity and support costs which are not attributable to a slngle activity a apportioned befyveen those acthilie$ on a basis consislenl with the use of resoufcgs. Cenlral staff cost$ are allocated on the basis ol b.me spent, and deprecjalion tharyes ara aMocal•d on th8 of the assef s use. 1.6 Taxatlon The charity is an exernpt charity wiihin lh6 meaning of schedule 3 of thè Charities Act 2011 and 18 conside to P88s Ihg tests set out in Paragraph 1 Sthedule 6 Finance Act 2010 and therefore li meÈts the definition of Charitab company for UK rPoration tax purposos. 1.7 Gov•rnment grnnts Govemmenl grants are recognis8d at the fair vÈlu& of the asset received or recer¥able when Ihere is reasonable assurance that the grant conditions will be met and the gTanl$ Wbll be re¢8lved. A grant that spe¢ifi8s performan¢9 CondOn$ is recognised In Income when the p8rformance conditions are met. Where a grant does 1 spg¢fy perfomiance conditions il is Teeognlsèd in income whèn Iho proceeds are receN¥¢J or receivable. A grant recewèd before the recognition ¢rit8rla are satisfied is recognised as a liabS11ty. Criliul •eeounting tstlm•t•s and judgem•nts In the application of the charty'$ aecounting wli¢Se$. the Iru6tees are fequlred to make judg&manis. estimates 8nd a$5umptions about the c8rrylng amount of assets and Ilabllities that 4ie not readity app8rent from other sources. The estimatès and aswryed assumption5 ¥r• based on hislorI¢81 Èxperiencts and olhor factors that are conside lo b& rnlevant. Actual rèsults may differ from these eslimales. Tha estimates and undedying assumptions are revlewed on an ongoing basls. Revisions lo accountlng e$thmates are recognlsed in the period in which the estimate is rgvlsed where the revision affect5 Y that pertc%l, or in the period of the revision and fvture periods wheT• Ihe revision affe¢ls both cJJrrenl and future pericd$. Ch•rftable kn¢om• 2025 2024 Sponsorship 83.999 85.017
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Ch*iilabl• Exp•ndilure 2025 2024 Grants awarded Production ¢osts Computer costs Prfnung, ptsstage and 8tstionery Advertislng Consult9n Travel and subslstence Bank charges Insurance 1,500 68.663 78 22 6,689 81.132 640 121 4.958 800 1.246 116 843 114 995 Share of govemance Costs (sea r#)le 51 2.232 2.227 81,138 92.235 Govemttnce costs 2026 2024 A¢¢ounlaw fves 2,232 2.227 2,232 2,227 G0veMan costs indude8 payments lo the a¢countants 01 £90012024- £8501 for independent examinatloft Tnlee8 None of the trustees lor any persons connacled with them) r8c8iv•d any remunerallon or bènefrts from the tharity during the year. Employee Thg avewago monlhty number of employees during th8 year wa8.. 2025 Number 2024 NuMr Total There were no employees whose annual remuneration was more than £eO.CI)O. 10-
NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Taxatlon Th& charity is exempl from taxatknn its activilits becausg all ils income Is appled for charil¥bl• purpose5. Debtors 2025 2024 Amounts falling wlthln on• y•ar: Trade debtors 10.971 10 Cr•ditor8: amounts falllng due within on• 2026 2024 Trade creditors Accruals and deferred incomè 9,087 2,125 2,231 2.231 11,212 11
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NOTTINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Unrestri¢ted funds The unreslri¢ted fvnds of the Charty Compri the unexpendgd balance8 of donations and grants whlch are not Subje to Srf1¢ ts)ndrtions by donors and grantors as to how they may be used. Thes¢ indude dgsignated ftjnds which have been set 851de oul of unre8lri<aed fund5 by the tst80S for 8pe¢ific purposes. At 1 Aprll At 31 March 2024 2025 General fvnds 75 75 Pr•vlou$ yoar.. At l Aprll At 31 Ilarch 2023 2024 General funds 75 75 13 Anatysl• of Th•tu••t8 b•twM•n fund¥ Unre•trict•d R•strl¢ted fundg fund¥J 2025 2026 Total 2025 At 31 March 2025: Currgnl assetsl{liabilitYas) 75 6.123 6,198 75 6.123 6,198 UnreJtrict•d fund• 2024 Re$trl¢tsd funds 2024 Totsl 2024 At 31 MaKh 2024: Current assstsllh'abililiesl 75 3,260 3,335 75 3,260 3,335 14 Ev•nts aft•r th• rnportlng d•t• Nottingh4m Feslwal of Sa8nco & Curiosills truslegs conffirm Ihal th• Company would b8 merged inlolgnite! (who have been contracted to deliver the Fostal it b8ganl. Once the 31 Marth 2025 accounts are ¢ompfele, there will be a final transfer of remaining lund8 to Igntte! lo be held as a restricted fund for the purposes of Festwal deliry. FOSAC has no other a$sets other than the cash held in thg bank count. FOSAG w1 then dose rts bank a(unt and fomow the standard steps towards cloBure as a ts)mpany and charity. 14-
NOThINGHAM FESTIVAL OF SCIENCE AND CURIOSITY LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Rel•tsd party tAn$•¢llons During the y8ar th• $8crglary foT the ¢ompany being Sarah 11¢Y a150 actin9 as se¢r91ary for Ignite Futures Llmited who ar8 respon6ibl8 for the day to day managem&nl of NottirvJham Fe$tiv818 aetMtie5. Prof Susan Anderson and Dr Peter Scholes are also listed as dire6lor$ for both Nottingham Fe8liv81 of Suen¢e and Curi05ty Limited and Ignite Futures Llmlted during the year. During Ihg y9ar Nottingham Festival of Science and Curiosity Limitefl pald Ignite Future8 M((e £59,447(2024: £67,168) for production 8nd management ofthe fe$lival. No r8muneration or expens have been paid to any trustees durlng the year {2024.' £0) 15-