COMPANY REGISTRATION NUMBER.. 15215791 CHARrrY REGISTRATION NUMBER: 1207173 Earth 2050 Company Limlted by Guarantee Unaudited Financial Statements 31 October 2025 LEAPMAN WEISS Chartered accounlants Building 6. 30 FrieTn Park London United Kingdom N12 9DA
Earth 2050 Company Llmlted by Guarantee Financlal Statements Year endèd 31 October 2025 Page Trustees, annual report (incorporating the directors, report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements
Earth 2050 Company Llmited by Guarantee Trustees, Annual Report Ilncorporating the Dlrectors, Report Year ended 31 October 2025 The trustees, who are also the directors for the purposes of company , present their report and th& unaudited financial statements ol the charity for the year ended 31 October 2025. Reference and admlnlstrative details Règistered charity nam• Earth 2050 Charlty rtyistrdtlon number 1207173 Company reglstratlon number 15215791 Prlnclpal office and registered 42a Museum Street office London IAC1A 1LT UK Th? trustggs Mr H Paice Mr J Kilian MrRLee Independgnt examiner Mr Henry J Leaan FCA Building 6. 30 Friern Pa London Unrted KingdL¥n N12 9DA Stru¢tur•, govemance and managemgnt The charrty mLtsl have aNv8ys at least the trustees. Trustees are appointed in accordance with the provIsn5 Sel OLrt in the Articles of A$scKiation. Onty persons wlh independent legal idenlty shall be admitted lo membership and, in the case of indivhduals. only persons aged 16 years 01 over shall be admitted to membership. The trustees have overJl responsibilrty for the charty's management and administration.
Earth 2050 Company Limlted by Guarantee Trustees, Annual Report (Incorporatlng the Dlrectors, Raport) {¢ontkntMd) Year ended 31 October 2025 ObJocllve$ and actlvltles The cttantable purposes of the company are the advancement of eduCatn for the public benefrt on Ihe subject of climate change, rts impoCt$ and Wential sOlUtn8, through the use of animated videos and other edu¢alK)nal media. During the year ended 31 October 2025. the chanty's main xtNities focused on.. Completing production of the first fve luu-length ¥80$ in thè "42 Ways lo Save the Earth" portfolio. releasod in November 2025. We wefe delighted lo have securod aclof and media personalty Sir Stephen Fry as the naffalor of our videos, given his proven Surtability lor laclual dialogue. We inrtially Soft launched these. to enable us lo test ond measure delivery in YouTube, where our lull-length VKleos are hosted both in the original English as well as in multipbè aulo-Iran$laled languages. We buitt a full development te lo research and write each lopK and translate these into consislentty high-quèlty ¥808. A portion ofleam resources lo marketing and audience r#sureMent to 8UPPOrt 8ysl8mati¢ and objective audience gro%h. These activities dirgclty support Ihe charity's purpose of educating thè general public about climatè ¢han9e through accessible, èngaging muttimedia content. The trustees confirm that they have complied with the duty in iortion 17 of the Charities Act 2011 10 have due regard lo Ihe publ benefrt guhjanee published by the Charty Commission. The charity's 8divilie8 clearfy provide public benefrt by JdvancirrfJ educolh?n on dmmale change, a topic of $ignificant public interest and importance. A¢hVeMentS and prforn)anc• This wa$ a year of 8ubslanli81 progfes$ for the charty. combining opgratKinal development al the team level wrth steady raase9 of v*Jeo content. Key achievements included." Began work on • further six full-knglh vvjeos and to date havo created over SO $hort-fom videos across major social media platfomis. tracking viewer. Subscriber, demographie, geographic and other perfomance indicators, wrth rapid grh seen acfOS$ all motrics and many posrtive èudience comments recewed Wrth a full development team. we are ncAv fulty en9•g8d in progre$$ing the pipgline of the remaining 31 videos Post year end. we have also subslantNg conlenl on the ¢h8nty'$ ebsit¥ to PrOve a depth of relevanl information accompanying each video Wrth these digrtal assets, we 8r• now working to launch th¢ eharty's Sch11 outr•ach proJramme. The charity's work contribute$ lo wider socielal benefits by increasing public awane$S and understanding of climate chan9e issues. enabling more inlormed decision•making about environmental hallenges.
Earth 2050 Company Llmlted by Guarantèe Trustees. Annual Report (Incorporatlng the Dlrectofs Report) (Mntlnu•dJ Year ended 31 October 2025 Flnanclal review During year the ended 31 O¢tober 2025. Ihe charity invested £421.471 in developing films and creative assets, an increase o140Y• on the previous year1£301.7561. The charity complèted development of a significant proportion of these filmslcrealive assets. Donations increased lo match the higher expenditure as the charity is supported by ils lead tru51ee who was able to match Ihe ineSsed capital expenditure and support the thartty. Expenditure on charitable activitbes in(x8ased slgnrftIY to £60,846 as a result of amortisalion of intangible assets recognised. The trustees are developing a comprehensive reserves policy lo ensu the char*ty maintains adequate funds lo continue its operations and achieve its charitable objectives. Rgserves will be held to cover opefalional costs and enable continued content development. Srnall Company provl$lons This report has been prepared in accordance wilh the provisions appluble lo companies gntiued lo th small companies exemption. The Iruslees, annual report was approved on 23 JU 2026 and signed on bghatt of the board of trustees by.. Mr H Paic8 Tnjstee
Earth 2050 Company Limlted by Guarantee Independent Examiner's Report to the Trustees of Earth 2050 Year ended 31 October 2025 I report to the truslegs on my examination of the financial Statements of Earth 20501.lhe charity'l for the year ended 31 Oelober 2025. R•spon#lbllStl•$ and balls of r•port As the trustees of the company land also Its dire¢liws for lh8 purposes of company lawl you are responsible for the preparatKTrn of Ihe financial ststements in accordance wth the requirements of ltte Companies Act 261'the 2006 Acl'l. Having 5alisfled myseN that the ants of Ihg rnpany are not required to b& audfted under Part 16 of the 2006 Act and are 81igiblg for independent examinalion. I report in respecl of my examination ol th8 charity'5 accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions given by Ihe Charity Commission under Soction 1451Sllb) of the 2011 Act. Ind•p•nd•nt •xamln•rf* stat•m•nt Slnce the charity's gross inwrm exce•ded £250.000 your examiner musl bo 8 memb8r of 8 body listed in section 145 ol the 2011 Acl. I confirm that l am qualified lo urKlert8ke the examination because l am a membfjr ol the Instituto of Chèrteiod ACnI8Thts in England and Walgs (IcEw), which is one ol the listed bodies. I have completed my examinaln. I confimi Ihat no matters hav6 come lo my att8ntlon In conngdon with the examination giving m cause lo believe.. accounting records worn not kept in mspect of the charlty as raqulrod by soction 386 of tha 2006 Act., or the financial stsl•m8nls do not accord those records: or th8 financial slalem8n15 do not comply with the accounting wuir8m8nts of seelion 396 of tho 2¢)06 Act other than any requirement that lh8 accounts give a'true and falrf view which is not a matter considered as part ol an Indepgndanl examlnallon.. or the financial stalemenls have not bèen wepared in accordance wilh th8 methods and principles of the Stalomenl of Recommended Practs'ce for a¢xounling and reporting by tharities applicable lo charities preparing Iheir accounts in accordance with the Financial Rgporting Stsndard applicable In the UK and Republ1¢ of Ireland {FRS 102}.
Earth 2050 Company Llmited by Guarantea Independent Examlnerfs Report to the Trustses of Earth 2050 1coftUnu•d) Year ended 31 October 2025 I have no eoncerns and have come &ross no other matters in connection wlh the examination to which attention should be drawn in this report in order lo enable a prcper understanding of the accounts to be reached. Henry J Leapman FCA Independent Examiner Leapman W8is$ Building 6, 30 Friern Parf¢ London United Kingd N12 9DA 23 Juty 2026
Earth 2050 Company Llmlted by Guarantee ststement of Financial Activities (including income and expenditure account) Year ended 31 October 2025 2025 Unstricted funds Total funds Total fvnds 2024 Restate Not• Income and endowments Donations and legacies Investment income 418.750 70 418,750 70 356,250 20 Total Income 418,820 418,820 356,270 ExndItUre EXpendrtU on charitable actNities Total expendltur• 60.848 19,834 19,834 60,846 60,846 Nèt Income and net movemenl in funds 357,974 357,974 336.436 ReconcTliatlon of funds Total funds brought forward as Pfeviousty reported Prior period adjustment Totsl funds brought fon¥ard as restaled Totsl funds carrfed forward 34.680 301,756 34.680 301,756 336,436 336.436 694,410 694,410 336,436 The slalement of financial activrties includes all gain5 and losses recojnised in the year. All income and expendf(ure derive from continuing actwities. Thg nots• on pag•• 10 to 17 fonn part of th¥ flnancl•l ¥tst•m•nts.
Earth 2050 Company Llmlled by Guarantee Statement of Flnanclal Positlon 31 October 2025 2024 Restslgd 2025 Flx•d assets Intangible assets Tangible fixed assets 14 15 690.353 3.487 301,756 5,230 693.840 306,988 Curront aS8•ts Debtors Cash at bank and in hand 16 19.213 5.531 16,456 22.611 24,744 39,067 Cr•dltors: amounts falllng due withln one year Net current assets 17 24,174 9.617 570 29,450 Total assots l•s$ curr•nt liabilities N•t a$s•tJ 694,410 336,436 336,436 694.410 Funds ofth• charlty Unrestricted funds 694.410 336,436 Total charlty funds 18 694,410 336,436 For the year ending 31 October 2025 the charity was entitled to exemption from audtt under section 477 of the Companies Act 2006 relaling to small companies. Diredors, respon$ibilities= Thg members have not raquired the tMpanY to obtsin an audr( of its financial statements for the year in questK)n in aC¢XJrdance with section 476., The directors acknowledge their responsibilrties for comptying with the requirements ofthe Act wth respgct to accountiro rgcor(Is arKI the preparation of ffinanaI statements. These financial statements have bèen prepared in accordancB with the provisions appllcable to companies subject to the small companies. regime. These financial slatemgnts were approvod by the board of trustees and authorised for issue on 23 July 2026, and are si9ned on behalf of the board by.. Mr H Paice Trustee The not•s on pag•¥ 10 10 17 fonn part of th•M financlal stst•nwnts.
Earth 2050 Company Limited by Guarantee Notes to the Financlal Ststements Year ended 31 October 2025 Genernl Infonnatlon The charity is a public benefit entity and a private company limitod by guarantèe. regislgrad in England and Wales and a registered charity in Éng18nd ond Wales. The address of the re9islered offic6 is 42a Museum Stree( London. WC1A 1 LT. UK. Statem•nt of compllan These finan¢l81 stalernenls have b8on prepared in compliance wrth FRS 102, 'The Finanei81 Reportlng Standard applicable In the UK and the R8public ol Irel8nd'. the Slal8mgnt of Recommended Pradice applicable to charilies preparing Iheif accounts in accor(Jance wilh the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 102118nd the Companies Aci 2006. Accountlng pollcl•• Bas1$ ot prèparatlon The financlal stalomonls havè been pr8pared on Iha historical cost basi5, as modifiod by the aluatson of cèrtain finanekil assets and liabilllies and Investment propertles measured al fair value Ihrough income or expenditure. The fin8nd#l Statements are prep8r•d in sterling. which i8 the functional cjjrrency of the entity. (3olng conc•m There are no m8lerio1 uncertainlies about the charitls ability to o)ntinu8. Dl•¢lo•urn ex•mptlon• The entity satisfies Ihe cri18ri8 of being a qu811fying entity 88 defin in FRS 102. As such, advantage has beèn taken of lh• fo1.n9 disclosure exomption$ av8118b under par8gr8ph 1.12 of FRS 102.. {al No cash flow ststgmenl has been presented for the company. Ibl Disckisures in respect oi finanual instruments have not been presenled. Judg•m•nts and k•y Sourc of ••llmallon unc•rt•lnty The preparation ol the financial st8lements requires management ¢0 make judgements. eslimal8S and assumptions th81 affect the amunls reported. The50 eslimates and ludgoments are continually reviewetj and are based on experience and other tsctors, including expectatKJns ol futuro events that ar8 bèlieve(J to b8 reasonab under tho urcumstances.
Earth 2050 Company Llmlted by Guarantee Notes to the Flnancial Statements iconitru•d) Year ended 31 October 2025 Accountlng pollclos Fund accountlng Unrestneted funds are avaik4ble for use at the di8crelM)n of the tNstees to further any ol the charty'8 purposes. Designated funds are unr65tricted fvnd8 eam)arked by the truste8s for particular future project or commitment. Reslricled fund5 are subjeded to restrlOnS on thèir expenditure dlared by the donor or through the terms ol an appeal, and fall into one of su10$$8$." roslricted income funds or ondowrnent funds. Incomlng r••ourc All Incoming re$ources are in¢luded in the slalemenl of finan¢1 activities when enlillem8nl has passed to the chanty.. it is probable that the economic benefits assfxiated with the transaction will flow to the charity and the 3nM)unl can be reliably measured. The fo15owing specrfic Pol1¢$ are applied lo particular calegones ol in¢orT.' income from don81ions or grants recognised when there 1$ evidence of gnlrtlemenl lo the gift. re¢eipt IS Probable and rts amount can be measured reliabty. legacy income recognised when receipt is probable and enlitlemenl 18 establish. income from donated goods 1$ measurnd at the fair value of the goods unlèss this is impractical to measure relkqbty, in which ease the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and servi5 are reeognised in the aceounl$ when received rf the value can be reliabty meaiurgd. No amount$ •rg included for the contribution of general volunteers. incoma IrL¥n contract# for the Supp of seNices ts recc¥ni3ed with th8 delNery of the contracted service. This is classffied a$ unrestricled fund$ unsS there Is a contractual requirement for il lo be spent on a partbculaf purposo and relurmd rf unspent. in which c880 il may be regarded as reslnded.
Earth 2060 Company Limlted by Guarantee Notes to the Flnancial Statements (¢onlkntrtd) Year ended 31 October 2025 Accounting pollcles Icontsnu•dJ Resources exp•nded Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which Cannot be fulfy recover, and is classified under headings ofthe statement offinancial activities to whh f( relates. expenditure on raising funds includes the costs of all furKlraising actiVrts. events, non- charitabte trading actNitEs, arKI the Sa of donated goc*Js. expenditure on charitable actNrtie5 in¢ludes all costs incuThed by a charity in undertaking activrties that further rt5 chantable aims for the benefft of rts beneficiaries. including those support co$ts and costs relating to the govemance of the charity apportioned lo charitable activrtyes. other expendrture includes all expenditure that is nerther related to raising funds for the eharrty nor part of ils eypenditure on charitable activities. All costs are allocated to expentliture categories refiecting the use of the SOurce. Direct Costs attributable lo a SIng activrty are all¢xaled directly to that activity. Shared costs are apportioned between the aclivities they contribute lo on a reasonable, iuslffiable and con$h8lent basis. Intanglble as$gts Intangible assets are initialty corded al c05t, and are subsequently stsled at cost le55 any aecumul8ted amortisalion and impaimient losses. Intemalty generated intangible assets are recognised al cost and are subsequently amortised over their expected useful lrfe once they are available for use. Amortlsation Amortisation is calculated so as to wnte off the cost of an asset, less rts estimated residyal value. over the useful Itfe of that asset as foll¢)WS". Film and creative assets 10% straight line If there is an indicatson that there has been a signfficanl charge in 8morti&ition rate. usefvl lrfe or residual value of an intangible asset. the amorti58tKJn 1$ revised prospedivety to refiect the new estimates. Tangible as8•ts Tangible assets are inrtially worded at cost. antj subsequentty slated al cost less any aecumulated depreciation and impairment losses_ Any tangible assets carried at revalued amounts are recorded al the fair valuè at the date of revaluation any subsequent xcumulate(I depracialion and subsequent accumulated impaimienl losses. 10
Earth 2050 Company Llmited by Guarantea Notes to the Flnancial Statements (conthu• Year ended 31 October 2025 Accountlng pollclgs {¢ontynu•dJ Tanglblo as•èts (¢onllftu•dl An increase in the carrying amount of an assel as a resutt of a revaluation. is recognised in other recognised gains and105$es. unless rt reverses a charge for impaim)enl that has previousty been recognised as èxpendrture within the slalemenl of financial activrties. A decfease in the carrying amount of an asset as a Tesutt of reValuatn. is recognised in other recognised gains and losses, except lo which il offsets any piewous revaluation gain, in whh case the loss is shown wrthin other rgcognised gains and losses on the Slalomenl of financial activiti.es. D•prnclatlon Depreciation 18 cakulate(I so as to write off the cost of valuation of an ass8t,1088 ts residual value, over the usefvl ¢conrynK lrfe of that asset as follow4.. Plant and m8chinery Impalm)•nt of flx•d ass•ts 25% straah1 lino A revi¢w for indal013 of Impalmnt is camed out al each reporting dale. with the r•coverable amount being estimated where Such indutors exist. Wherè the carrying value exceeds the reeoverable amount, the asset is impaired accofdingly. Pnor Impatmients are 50 reviewed lor PO88ible reversal al each reF4)rting dale. For the purposes of impaimlenl lesling. when rt is not POSS1* to estimate tho fgcoverable amount of an individual assal. an e¥timate is made of the recoverable amount of the cash-generaling unrt to which the 85set belongs. The cash-generating unil the smal81 idenlrfiable group of assets that includes the asset and generates cash inflows Ihat largety independènt ol the c88h inflows from olher assets or groups of assels. Llmlt•d by guarant•• The liability of the memb&rs is limited to 8 Sum not excoeding £1. being the amount that each member undertakes lo contribute lo the assets of the eharity in the event of ts being wound up while ho. she or rt Is a member or wrthin one year after he, she or rt ceases lo be a member. Don•tlon$ •nd l•g•cl•s Unreslrieted Totsl Fundy Unreslricled Total Funds Funds 2025 Funds 2024 Donatlon• Donations 418.750 418.750 356.250 356,250 11
Earth 2050 Company Limited by Guarantee Notes to the Financial Statements fcon Year ended 31 October 2025 Investment Income Unreslricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 Other interest receivab 70 70 20 20 Expenditure on ¢harftabl• actlvlties by fund type unr8s1rted Total Funds Unrestricted Total Funds Fund5 2025 Funds 2024 Earth 2050 produdion Support cost5 38,932 21,914 38,932 21,914 13.145 6,689 13.145 6,689 60,846 19,834 19,834 Expenditure on charitable activlties by actlvlty type ActNrties undertaken directy Support costs Total funds 2025 Total lund 2024 Earth 2050 pr¢)duction Governance costs 38,932 14,023 7.891 52,955 7,891 13,145 6,689 19,834 38,932 21,914 60,646 Analysls of support costs Olher office costs Total 2025 Total 2024 Communications and IT General office Govemance costs 2.093 11.930 7.891 2,093 11,930 7,891 6,688 21,914 21,914 6,688 10. Net Income Net income is ststed after chargintylcrediting): 2025 2024 Amortisalion of intangible assets Depreciation of tangible fixed assets 32.874 1,743 1.743 12
Earth 2050 Company Limlted by Guarantee Notss to the Flnancial Statements iconllnu•d) Year ended 31 October 2025 11. Independent oxarnination f¢6s 2025 2024 Fees payable to the independent examiner for. Independent examin*ion of the financial slalements 2,100 2.¢300 12. Stsff Costs The average head count of staff during the year was 312024 - 3). The average number of full-time equivalent employees during the year is anatysed as follows.. 2025 No. 2024 Trustees / director5 No other staff We employed by the charity in the year ended 31 Odober 2025 or the previous pericxl. 13. Trustee remuneration and expenses No remuneration or other employment beneffls were paid lo the three trustees I directors for the year ended 31 October 202512024.- £nil). 14. Intanglble assets Fllm and craatjve assets Cost Al 1 November 2024 Additions from Internal devebpmenls At 31 October 2025 301,756 421,471 723.227 Amortisation Charge for the year At 31 October 2025 32,874 32,874 Carrying amount At 31 October 202S 690,353 301.756 At 31 October 2024 13
Earth 2050 Company Limlted by Guarantee Notes to the Flnanclal Statements {tOnllnu•dJ Year ended 31 October 2025 15. Tanglblo fix•d assfjts Plant and machlnery C1 At 1 Nov•mber 2024 and 31 October 2026 6,973 D•preclatlon Al 1 Nov¢mber 2024 Charge for the yèar At 31 October 2025 1,743 1,743 3,486 Carryln9 amount At 31 Octob•T 2025 3,487 Al 31 Oclobor 2024 5.230 16. Debtorn 2025 2024 Prepayments and accruod incom Other debtors 10.0 9.213 19,213 6,250 10,2C6 16,456 17. Cr•dltor4: amounts fallln9 duo wllhlTr on• y•ar 2026 2024 Trade tror3 Accru81s and delerred incoff 20.073 4.101 5,817 4,000 24,174 9.617 14
Earth 2050 Company Limited by Guarantee Notes to the Financial Statements (¢oRUnu• Year ended 31 October 2025 18. Analy¥ls of charitable lunds Unrnstri¢l•d fund¥ At Prior period 31 Octob•r adjustment 2025 1 November 2024 Inc¢Th Expenditure Generèl funds 34.680 418,820 {60,8461 301,756 694,410 At 1 Novembèr 2023 Al Prior period 31 October adjuslmenl 2024 Income Exponditure General funds 356,270 119,834) 336,438 19. Analy•l• of n•t aM•ts b•twe6n lund8 Unreslrieted Total Funds Funds 2026 Intangible assets Tangible fixed assets Current assets Credilofs s$ than 1 year Not a•8•ts 690.3S3 3,487 24,744 124,1741 694.410 690.3S3 3,487 24,744 124,1741 694.410 Unreslrided Total Funds Funds 2024 Intangible asset$ Tangible fixed asset8 Current assets Creditors less than 1 year 301.756 5,230 39,067 {6,9171 339.136 301.756 5.230 39,067 {6,9171 339,136 20. Prfor perlod adJu•tmgnt In the previous perh, £301.756 of expenditure was reeognised as expenditure Telaling lo charrtable activty. being Costs relating lo Earth 2050 production. These costs have subsequgnlly been reslaled as developm•nl expenditure on 1ntsnglb assets. 21. R•l•t•d partl The total of donations received dunng the year ended 31 October 2025 from one of the charity's trustees, Mr Hugo Paice. wa5 £418,750 {2024." £356,2501. 16