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
h￿lty 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 finan￿al 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$." Statement of Re¢omm8nded Pra¢ti¢e applicable to ch8rilies preparing their accounts in
accordanca with the Fin8ncial Reporting Stsndard appllcable in the UK and RopulAlc of Ireland {FRS 1021"
effecbve 1 January 2019},
Obje¢tlv•s and activltles
DurfNJ this period, the Trustees report on ils central advlty. the Nottlngham Fests'val of Scienc¥ and Curiosty which
look Pla￿ in F8bruary 2025.
The ¢haity's objeclNes are to advance pubffic edu¢alion, including public underslanding of suencè, lechnology.
engineering and maths, by offering aceessible, ¢reallv& and relevant a￿1¥111¢$ 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 cl￿1 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 a￿065 Ihe bjll breadth of
our diverse society.
Achi•Y•ments and p•rfornian¢e
The Noitingham Festiv81 Of S￿ence 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 She￿00d Observatory in Sutton in Ashfield.
Notlingh8mshire.
Community •ng•g•m•nt and publ[¢ •v•nis
This year we had 106 public events taking pL￿e 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 invo￿ed, raThJing frorn stsff and
$lud&nts from University of Noltingham IUONI and Nottingh8m Trènt Universrty INTUI, (yeative and STEM based
Pr￿￿tionar$ 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
Engagert￿nt wFth ¥¢hoolB and colleg•s
More schoolslcolleges than ever beforè were eng8ged across the feslrval programme, 70 part￿Ip￿.ng. The
Real SrAencè in Schools Symposium al Nottlngham Counul House ¢onlinued lo be a focal PC*int for the engagement
with s¢hool8, and this was expand8d fvrther in 2025. with an additional Syrnposium ta￿n9 pla¢e at Mansfield Town
Hall. Afurther highlight was a slte vlsil by ATTFE college to Lolng O'Rourke.
Following a Su￿SsfLI 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 aCCes￿billtY 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$ponse8 reported that they had leamt 80methlng n8w, demonstrating the impo01 of the leaming experlences
enabled by the festNal.
FlnonGlal revl•w
The Trustees consid8r thèir responsibilities lo report the financial heallh of lh* o)mpany. and make the following
observation5 on thg y88r undèr re￿ew.
Duiing this perfod. trustees of Nottingham Festival of Science and Curiosty undeN8nt d8lailed d[Sl￿SsIOns wmh the
truslee$ 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 cons*J8rad 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 delI￿ry 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 aUthorit￿S. the voluntary, public and private
sectors. The Trusleos notè that there is little irKome from don*lon$ 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 sc*neè festival through a ¢ombination ol payment for Ignilel service8 for
lèstThial production and costs associaled whh the event. This all￿15 for a certain amount ol inh8renl tlexitH'Ity
a￿1 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 C￿ver$
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 P￿10d. 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 sc￿nCe 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 aC￿sSible 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 Directorn￿rUSteeS acl wlh care, diligence and 5knU as req￿red 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 fom*d of Trustees wrth r$l*ed interest or experti8e,
Ignrtel staff tearn and membèrs of the board th•1 acted in an adwsory ¢apaaty.
14otic8s and agendas of me8lng$ 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 ac*Mties were dsk assessed lor hazards to staff, Volunte¥￿ and public.
The Trustees have been responsible for ke&plng proper acCoun￿n￿ 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$ponslblllUH and ba•1• of rnport
As the Iruslees of the charity land also its di￿￿or$ for th8 purposes of ¢omp8ny law}, you are regponslble for the
preparat￿n of th• fin8ncial statements in a¢cordan¢e with Ihe requirements ol the Companies Act 2006.
HaV￿g 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 connect￿n 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 sect￿n 396 of the Companies Act
2006 other than any r8quiremenl that the finanri#l $tsl&ments give a liue anfj fair view, which is not a matter
considered as part of an independent examination., or
Ihe financial statements have not been pr8pared in a¢cordance ￿th the methods and principles of thg
Statement of Recommended Pr8cti¢e lor accounting and reporting by charities applicable to ch8ri1i•s
preparing th8ir finanual statements in accord8rh¢& with the Finar)dal Repo￿"nO Standard app￿Cable in the UK
and Republic of Ireland {FRS 1021.
I have no concems and hav• come across no other matters connection with thè examln9tion to which attention
sh¢)uhJ be drawn in this report In order lo anable a proper understandlng of1he financial stst¢mfjnt$ lo b& raached.
Lisa Johnston FCA
for and on behalfof Rogers SpeTh￿r
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 M0￿ment 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 bI￿n¢•¥ 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$ses re￿onI5￿d in thg year. All income and expendtture
deriva from Conllwlng a¢tlvft(es.
The slalement of finanryal activibgs also complles with the requir8mgnl$ 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 final￿1•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 r￿MpanY limitad by guarantee ￿n￿rporated
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 ReC￿MMended
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 Bèr*ffit 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 ￿rther￿n¢• 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￿ cond6tk*n8 hav8 ￿On mg(
tha amounts ¢an be measurod roliably. and it is probable that In￿Me wlll be receivad.
Cash donatk)n$ are re￿gnised on recalpt. Othw donations are recogn￿￿ once the d￿rity has been notffied
of the donation. unlÈ8s perf0m￿n¢t ¢onditions requir8 deferial ol the amount. Income tsx recov8rat4è in
rel*ion 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 Obl￿atiOn can be me88ured rel￿bty.
Expendilurs is classffied by 8ctiMty. The cost8 of eoch actI￿ty are made up of tha total of direct costs and
shared costs, induding support costs involved in undgrtaking each activty. Dlrect Costs attributa￿0 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 acth*ilie$ 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 Cond￿On$ 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$5umptions about the c8rrylng amount of assets and Ilabllities that 4ie not readity app8rent from other
sources. The estimatès and aswry*ed assumption5 ¥r• based on hislorI¢81 Èxperiencts and olhor factors that
are conside￿￿ lo b& rnlevant. Actual rèsults may differ from these eslimales.
Tha estimates and undedying assumptions are revlewed on an ongoing basls. Revisions lo accountlng
e$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
peric*d$.
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
Tn￿lee8
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
NuM￿r
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

00￿￿j

I

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 S￿rf1¢ 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 t￿st80S 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$trl¢tsd
funds
2024
Totsl
2024
At 31 MaKh 2024:
Current assstsllh'abililiesl
75
3,260
3,335
75
3,260
3,335
14 Ev•nts aft•r th• rnportlng d•t•
Nottingh4m Feslwal of Sa8nco & Curiosills truslegs conffirm Ihal th• Company would b8 merged inlolgnite!
(who have been contracted to deliver the Fost￿al it b8ganl. Once the 31 Marth 2025 accounts are
¢ompfele, there will be a final transfer of remaining lund8 to Igntte! lo be held as a restricted fund for the
purposes of Festwal deli￿ry. FOSAC has no other a$sets other than the cash held in thg bank
count. FOSAG w￿1 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-