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2025-06-30-accounts
|
Page |
| Trustee report |
1 -2 |
| Statement of responsibilities |
3 |
| Independent examiner's report |
4 |
| Statement of financial activities |
5 |
| Balance sheet |
6 |
| Notes to the financial statements |
7- 12 |
|
|
Restricted |
Restricted |
|
|
funds |
funds |
|
|
2025 |
2024 |
|
Notes |
£ |
£ |
| Income from: |
|
|
|
| Donations and legacies |
2 |
111,410 |
116,612 |
| Total income |
|
111,410 |
116,612 |
| Expenditure on: |
|
|
|
| Charitable activities |
3 |
116,734 |
(2,005) |
| Total expenditure |
|
116,734 |
(2,005) |
| Net income/(expenditure) and movement in funds |
|
(5,324) |
118,617 |
| Reconciliation of funds: |
|
|
|
| Fund balances at 1 July 2024 |
|
(116,838) |
(235,455) |
| Fund balances at 30 June 2025 |
|
(122,162) |
(116,838) |
|
|
2025 |
2025 |
2024 |
2024 |
|
Notes |
£ |
£ |
£ |
£ |
| Current assets |
|
|
|
|
|
| Debtors |
7 |
726 |
|
272 |
|
| Cash at bank and in hand |
|
331,222 |
|
438,687 |
|
|
|
331,948 |
|
438,959 |
|
| Creditors: amounts falling due within one 8 |
|
|
|
|
|
| year |
|
(174,760) |
|
(276,447) |
|
| Net current assets |
|
|
157,188 |
|
162,512 |
| Creditors: amounts falling due after more |
|
|
|
|
|
| than one year |
9 |
|
(279,350) |
|
(279,350) |
| Net liabilities |
|
|
(122,162) |
|
(116,838) |
| The funds of the charity |
|
|
|
|
|
| Restricted income funds |
11 |
|
(122,162) |
|
(116,838) |
|
|
|
(122,162) |
|
(116,838) |
|
|
Restricted |
Restricted |
|
|
funds |
funds |
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Grants |
111,410 |
116,612 |
| 3 |
Expenditure on charitable activities |
|
|
|
|
Expenses |
Expenses |
|
|
2025 |
2024 |
|
|
£ |
£ |
|
Direct costs |
|
|
|
Staff costs |
73,554 |
76,023 |
|
Hotels, travel and subsistence |
1,550 |
2,046 |
|
Consultancy |
6,547 |
7,030 |
|
Computer costs |
173 |
461 |
|
General office expenses |
595 |
40 |
|
Legal and professional |
13,413 |
7,957 |
|
Accountancy |
5,602 |
7,040 |
|
Bank charges |
486 |
514 |
|
VAT partial exemption adjustment |
|
269 |
|
Foreign currency loss/(gain)
Insurance |
(1,456)
11,762 |
13,274
29,007 |
|
Shipping costs |
4,508 |
|
|
Reversal of expenses from prior years |
|
(145,666) |
|
|
116,734 |
(2,005) |
|
Analysis by fund |
|
|
|
Restricted funds |
116,734 |
(2,005) |
|
2025 |
2024 |
|
Number |
Number |
|
6 |
6 |
| Employment costs |
2025 |
2024 |
|
£ |
£ |
| Wages and salaries |
73,554 |
76,023 |
| 7 Debtors |
|
|
|
|
|
2025 |
2024 |
| Amounts falling due within one year: |
|
£ |
£ |
| Other debtors |
|
726 |
272 |
| 8 Creditors: amounts falling due within one year |
|
|
|
|
|
2025 |
2024 |
|
Notes |
£ |
£ |
| Government grants |
10 |
154,716 |
266,126 |
| Trade creditors |
|
12,050 |
|
| Other creditors |
|
4,896 |
8,320 |
| Accruals and deferred income |
|
3,098 |
2,001 |
|
|
174,760 |
276,447 |
| 9 Creditors: amounts falling due after more than one year |
|
|
|
|
|
2025 |
2024 |
|
|
£ |
£ |
| Amounts owed to associate undertakings |
|
279,350 |
279,350 |
| 10 Government grants |
|
|
|
|
|
|
| overnment grants |
|
(Continued) |
| Deferred income is included in the financial statements as follows: |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Deferred income is included within: |
|
|
| Current liabilities |
154,716 |
266,126 |
| Movements in the year: |
|
|
| Deferred income at 1 July 2024 |
266,126 |
97,182 |
Released from previous periods
Resources deferred in the year |
(266,126)
154,716 |
(97,182)
266,126 |
| Deferred income at 30 June 2025 |
154,716 |
266,126 |
|
At 1 July 2024 |
Incoming |
Resources At 30 June |
|
|
resources expended 2025 |
|
|
£ |
£ £ £ |
|
| Horizon 2020 Research and Innovation |
grant (116,838) |
111,410 |
(116,734) (122,162) |
| Previous year: At 1 July 2023 |
|
Incoming |
Resources At 30 June |
|
|
resources |
expended 2024 |
|
£ |
£ |
£ £ |
| hlorizon 2020 Research and Innovation grant |
(235,455) |
116,612 |
2,005 (116,838) |
|
Restricted |
|
funds |
|
2025 |
|
£ |
| At 30 June 2025: |
|
| Current assets/(liabilities) |
157,188 |
| Long term liabilities |
(279,350) |
|
(122,162) |
| li f f |
|
| nayss o net assets between unds |
(Continued) |
|
Restricted |
|
funds |
|
2024 |
|
£ |
| At 30 June 2024: |
|
| Current assets/(liabilities) |
162,512 |
| Long term liabilities |
(279,350) |
|
(116,838) |