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||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|





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|||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)|





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|||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)|





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|||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)<br>Insurance|(1,456)<br>11,762|13,274<br>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)|





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||2025|2024|
|---|---|---|
||Number|Number|
||6|6|
|Employment costs|2025|2024|
||£|£|
|Wages and salaries|73,554|76,023|



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|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||||





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||||
|---|---|---|
|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<br>Resources deferred in the year|(266,126)<br>154,716|(97,182)<br>266,126|
|Deferred income at 30 June 2025|154,716|266,126|



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||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)|



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||Restricted|
|---|---|
||funds|
||2025|
||£|
|At 30 June 2025:||
|Current assets/(liabilities)|157,188|
|Long term liabilities|(279,350)|
||(122,162)|





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|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)|



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