**Scientists Warning Europe Limited** (A company limited by guarantee)
**Report and Financial Statements For the Year Ended 30 November 2022**
**Charity number 1194090 Company number 12618681**
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**Scientists Warning Europe** (A company limited by guarantee)
## **Financial Statements For the Period Ended 30 November 2022**
|**Contents**|**Page**|
|---|---|
|Legal and Administrative Information|3|
|Report of the Management Committee|4|
|Statement of Financial Activities|7|
|Notes forming part of the financial statements|9|
|Independent Examiner’s Letter|10|
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## **Scientists Warning Europe**
## **Report of the Management Committee for the period ended 30 November 2022**
The Management Committee presents its directors’ report and audited financial statements for the period ended 30 November 2022.
## **Reference and Administrative Information**
Charity Name: Scientists Warning Europe Charity registration number: 1194090 Company registration number: 12618681 Registered Office and 20-22 Wenlock Road, London, England, N1 7GU
## **Management Committee**
William Dowling Ed Gemmell Brian McGavin
## **Bankers –**
Triodos Bank
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## **REPORT OF THE MANAGEMENT COMMITTEE**
## **Our Aims and objectives**
## Purposes and Aims
Our charity’s purposes as set out in the objects contained in the company’s memorandum of association are to:
The objects of the Charity are:
- to advance education in subjects relating to climate change, including by:
- raising awareness of the science of climate change, the critical state of the planet' and the need for global and rapid action to address climate change;
- promoting research and collaboration by scientists and other experts for the public benefit in all aspects of climate change science and publishing and disseminating the useful results of such research;
- building teams of scientists and other professionals to research, facilitate and promote practical solutions related to climate change;
- to promote, for the benefit of the public, the conservation, protection and improvement of the physical and natural environment in response to and in the face of climate change;
- to promote sustainable development for the benefit of the public, guided by the science on climate change, including by:
- the preservation, conservation and the protection of the environment and the prudent use of resources;
- the promotion of sustainable means of achieving economic growth and regeneration;
- the relief of poverty and the improvement of the conditions of life in socially and economically disadvantaged communities, in a manner which supports a just transition for our world to a sustainable and equitable future
## Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review stakeholders we are set up to help. The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
## **How our activities deliver public benefit**
Our main activities are described below. All our charitable activities focus on the education of the pubic and raising awareness regarding Climate Change to further our charitable purposes for the public benefit.
Who used and benefited from our services? [Ed to create some narrative if required]
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Our objects and funding constraints limit the services we provide.
Our mission is to protect the future of humanity and other species by promoting and explaining science endorsed solutions to the climate emergency. We promote and represent the views of more than 20,000 scientists who have signed the four great scientists warning to humanity. We aim to educate leaders and the public by telling it how it is unfettered by governments and other state actors.
## **Financial Review**
Against the backdrop of limited resources, it has continued to be difficult to plan or develop services. Nevertheless the charity, with the aid of sound financial management and the support of its volunteers generated a very positive financial outcome for the period with a net increase in funds of just over £29k Its success in obtaining new funding for 2022/3 from Aviva will provide much needed additional resources.
## Principal Funding Sources
The principal funding sources for the charity are currently by way of corporate and individual donations.
## Reserves Policy
The Management Committee has examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the funds not committed held by the charity should be between 3 and 6 months of the expenditure.
## **Plans for Future Periods**
The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements.
## **Structure, Governance and Management**
## Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 22 May 2020 and registered as a charity on 14 April 2021. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
## Recruitment and Appointment of Management Committee
The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.
All member of the Management Committee give their time voluntarily and received no benefits from the Charity
## Risk Management
The Management Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects.
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## **Responsibilities of the Management Committee**
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Management Committee is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Members of the Management Committee
Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.
In accordance with company law, as the company’s directors, we certify that:
- so far as we are aware, there is no relevant audit information of which the company’s auditors are unaware; and
- as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.
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## **Scientists Warning Europe Statement of Financial Activities (including Income & Expenditure Account) for the year ended 30 November 2022**
||Scientists
Warning
Europe
Income
Donations
Crowdfunder
Other Income
Interest
Received
Expenses
Bank Fees
Consultants
Video Costs
IT, website &
consumables
Expenses
Surplus /
(Deficit)|2022
£
58,710
9,114
1,504
30
14
9,287
18,892
511
10,260|2022
£
69,358
38,964
30,394|2021
2021
£
£
13,360
0
543
0
13,903
4,715
10,000
218
0
14,933
(452)|
|---|---|---|---|---|
|||
|||
||||
||
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
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## **Scientists Warning Europe Balance Sheet as at 30**
## **November 2022**
|Fixed Assets
_Notes_
Current Assets
Creditors: amounts falling due within one year
Net Current Assets / (liabilities)
Total assets less current liabilities
Total net assets (liabilities)
Reserves|
_2022_
£
_2021_
£
29,880
2,297
(516)
(3,327)
29,364
(1,030)
29,364
(1,030)
**29,364**
**(1,030)**
**29,364**
**(1,030)**|
|---|---|
- For the year ending 30 November 2022 the company was entitled 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 responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
- The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
## **Approved by the Board on 10 October 2023**
**And signed on their behalf by:**
**Edmund Gemmell, Director**
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## **Notes forming part of the Financial Statements for the year ended 30 November 2022**
## **1. Accounting Policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## **(a) Basis of accounting**
The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed asset investments at market value, and in accordance with the Companies Act 2006 and the Statement of Recommended Practice : Accounting and Reporting by Charities issued.
## **(b) Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity’s shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.
All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource.
## **2. Trustee Remuneration & Related Party Transactions**
No members of the management committee received any remuneration during the year.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2021 – Nil).
## **3. Taxation**
No tax charges have arisen in the Charity.
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Gavin Lendon 9 Lords Meadow Redbourn, England, AL3 7BX 5 October 2024
Scientists Warning Europe Limited 20-22 Wenlock Road,
London, England, N1 7GU
Dear Sir or Madam,
## **Independent Examiner’s Report to the Trustees of Scientists Warning Europe Limited**
I report to the trustees on my examination of the accounts of the Scientists Warning Europe Limited (the Charity) for the year ended 30 November 2022.
## **Responsibilities and Basis of Report**
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner’s Statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Yours faithfully
Signed:
Name: Gavin Lendon Address:
9 Lords Meadow Redbourn AL3 7BX
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