2020-12-31-accounts

Contents		Pnge
Legal and Adntinistrahve	Infonnntion
Rcpon ofthc Tntstccs
Rcport ofthc Indcpcndcnt	Auditor	10
Statement ofFinnncial Activities		12
lyalancc Sheet		I3
Statement ofCash Flotvs
No(cs forming part ofthc	Iinancial ststctncnts	I3-2I

		~Not s	Ltnre."grbctcd	Rcstrictgd	Total funds	Ttttsi fuitdc
			I'unde	Funds	~YSIClldCd	Ycnr ended
					3LL)cccgtbgt	31D~hcs
					2020	2019
					f
Iacoaic and cxpmiditure
lllcalnlllg I'CSoul'CC% 6I'ants Icecil'cd		14		13.100	I3,100	13.500
Exhibit Iannufacturc			1,343,000		1,.143,000	I,t)63.230
Scicncc Centre mid Exhibition	it iro		163,906		163,906	67$,188
Other						4,832
lntcrcst on deposits			1,312		1,312	2,882
Rcatsl income						26,240
Job Rctcntion Schcmc lnconlc			137.07»		137,074
Total incoming rcsourccs			1,6I5292	13,100	1,658,392	1,788,$72
Resources expended
Dirrct charitable cxpcndiiurc		2.14	I.')28,293	13,100	1,541,393	1.615.381
Fund-rnising and publicity		3	7,532		7,532	20455
Govcntsncc costs		4	1»4,$00		144,800	119,717
Total rcsourccs expended			1,680,625	13,100	1,693,725	1,755,553
Net niovcntmit in funds			(35,333)		(35,333)	33,319
Balances brought fonvard			1.459,750		1,459,750	1,42f),431
at I Jaauary 2020
Balances carried fonvsrd
st 31 13cccmbcr 2020			1,424,417		1,424,417	I 459,750

						Year coded			Year	Year	ended
					f,	31 Iyeccntbcr,2020 8		8	31	Dccanbcr 2019 8
FIXEDASSETS						27,393				77,4G7
CURRENT ASSETS
Stock and work in	progress				15,336		24.182
Debtors					207,251!		278,421
Cash el bank and	inbnnd				1,338,075		1,20(),500
					1,5&i0669		1.509,103
CREDITORS
Amounts falling due
witliin onc year				9	(163,645)		(12G,820)
NET CURRENT	ASSETS					),397,024				1,382.283
Total assets less cuneut		liabilities				1,424,417				1,459,750
CREDITORS: Amounts		fallaig duc
aAcr morc time onc year				10
						1,424,417				I 459750
NET ASSETS
FUNDS
Unrcstrictcd incotnc funds
General funds				13	1„424,417		1,459,750
Designated I'unds				13
Total unrestricted	lauds					1,424,417				1,459,750
Restricted funds
TOTAL FUNDS						1,424,417				1,459,750
The accounts tvcre	approved		by thc	Boar&1ofDirectors on 7th		December 2021	and sigil	on	thar
behalfby:- Ilrcy	n					R I,Allso sop	g=s		4	'uti

						Note	Year aided	Year cndcd
							31 Dcccmbcr	~31 Dcc mbcr
							2070	2019
							f,	f
Cash tlows frois operating		activities:
Net	cash geaerated froin operating		activities			I	133,6308	93.471
Casli llows front investing		activities:
liitcicst ffolii llivcsiiilcilis							1,312	2,882
Purchase ofplant and cquipmcnt							(3,345)	(122,222)
Nei	casli used in investing activities						2033	119340
Incmasc/(decieasc) in cash		and cssli equivalents			in the year		131,575	(25,8636)
Cash and cash equivalents at		the beginning		ofthe year			1,206,500	1,232,366
Cask and cash equivalents		at the end of		ihe year		2	I 338075	1.206 500
Notes to the cash Eow statemeat
I	Reconciliation oftlie net income		to net sash flow generated			from
	operating activities						Year cn&4l	Year ended
							31 Dcccnibcr	31 Dcccinbnr
							2020	2019
							f
	Net income for the year						(35,333)	33,319
	Adjustinents for:
	Depreciation charges						53,419	55,815
	hitc&csi f&0011Invcsiilicilis						(1,312)	(2.882)
	Dccrcase/(Incrcssc) in stocks						8,846	9,523
	Decrease/(Incrensc) in debtors Dccrcasc in creditors						71.163 .0 023	32,882 ~!03
	Net cash provided by operating		activities				!33400	03474
2	Analysis ofcasli sad casli equivalents
							Year ehdcd	Y&nir coded
							3J, Dcccinbcr	31 Dccenibcr
							2020	2019
							f
	Cnsb in lend						470,3638	330,214
	Notice deposits (less than 3 months) Total cash and rasli eqnivalents						IL770»	!200-,

Exhibition tent and llooring	25%
Exlubits	20%
Other cquipmcnt	Soi/o
Motor vchiclcs	2S%

Notes to the accoun	Notes to the accoun	s for the ear nded	s for the ear nded	s for the ear nded	31 Deccni~er 2020
2. Direct charitable		expenditnre
					Ullrcsutctcd	Rcstrictcd	Total I'unds	Total funds
							Year cndcd	Year cndcd
							31 Dccctubcr	31 Dccentbcr
					Irunds	I'un'	2020	2019
					8	f.	8
Provisiog ofcdttcational			scryiccs
L'xbibit manufacture					1,053,703		1,053,703	995,243
Science ccntrc and exhibition				hire	441,412	13,100	454,512	573,553
ScicnccWorks					33,178		33,178	4G,SG5
					1,528,293	13,100	1,541,393	1.815,381
3. Fund-raising	aud	pnblicity
Fund-raisiug
Publicity					7,532		7,532	20,455
					7,532		7,532	20,455
4. Governance	costs
Salaries and oAicc costs					105,29G		105,296	89,710
Legal and professional			fons		30,004		30,004	20,477
Audit fccs					9,500		9,500	9,500
					144,800		144,800	119,717

							Year aided	Year ended
							31 Dcccmbcr	3I Dcccmbcr
				Staff~~Is f	Depreciation 8	Other coala 8	Tcl&LI2020	T~l
Educational	scrviccs			823,687	53,419	664,287	1,541,393	1,615,381
Fund-raising	aad publicity					7,532	7,532	20,455
Ooveninncc	costs			105,296(		39,504	144,800	119,717
				+9t(983	53 41(?	711323	I 6(93 725	I 755 553
							Year cndcd	Year code(t
							31 Dc(cn(bcr	31 Duce(aber
							2020	2019
								8
Stslfcosts
Wages and	salaries						839,679	IL54,451
Social sccurlly cosmi							74,638	75,181
Ilniploycrs	pension contributions						14,66(6	14,324
							928,983	943,95(i
Other costs
Prcnl lscs							149,301	161,097
Materials							381,975	310,337
Misccllancous							180,047	233,915
							711,323	705,349
							Year cndcd	Year ended
							31 D(xcmbcr	31 Dcccmbcr
							20?0	2019
The avcragc	number ofemployees,		analysed	bv function	ives:
Educational	services						40	42
Mmiagmnent	mid ndministrat	ion of	the clmrity				4	4
							44

6. Tangible fixed assets
	Exhibit)on
	building
	icnt and		Motor
	ftoorillg	Exhibjis	rdiiclcs	~Euipmcnt	Total
		8	f.		I'.
Cost
At I Janunry 2020	109,333	1,248,129	41,162	5$4.894	1,9$3,518
Expcnditurc in thc year				3,345	3,3 15
Disposals
Ai 31 Deco)aber 2020	10'$333	1,248,129	4I,IC)2	588,239	1,986,863
Dcpfccilitioii
At I January 2020	94I86C)	1,242,752	28,307	540, 12&)	1,906,051
Charge for the)unr	14,4&i7	2,G88	4,285	31,979	53,4I9
Disposnls
At 31 Dcccnibcr 2020	109.333	1,245,440	32,592	572,105	1,959,470
Net book value
At 31 Dcccnibcr 2020		2,689	8570	16.134	27,393
Nct book value
At 31 Dcccmbcr 2019	14,46O	5,377	12,855	44,7&)8	77,4Ci7

7. Stock	and	work in progress
			Year ended	Year mxlod
			31 Dcccmbcr	3I	Duce)ilbcf
			2020		2019
					8
Stock			15,230		17,756
Work in progress			IOG		G.426
			15,33C)		24,182
8. Debtors
			Year cndcd	Ycnr cndcd
			31 Dcccmbcr	31	Duce)aber
			2020		2019
					8
Trndc debtors			14,332		190,982
Other debtors			2&i,500		2Ci,500
Rctcntim)s			11,499		20,467
Amounts	rccoversblc on contracts		93,782		14,0Ci5
Prcpayxncnts		and accrued income	37.751		2&),279
Other taxes			23,394		12$
			207,25$		278,421

9. Credi	tors: a	nioaats falling due withia one year
			Yea& coded	Yenr cudcd
			31 Dccembcr	31 Deca&nber
			2030	2(119
Bm&k ovcrdralls
Pa'l'a&cuts	on account		42,332	37,703
Trade creditors			48,C&C)6	15,7 I C)
Socinl security and other tnxcs			37,613	41,032
Accrual s	and defc&rcd iacomc		30,&748	28,038
Other creditors			4,08(I	4,331
			163,C)45	12C),820
10. Lease co&nmitmen(s
			Year cndcd	Ycnr ended
			31 Dcccmbcr	31 Dccembcr
			2020	2019
			E
Opcratuig	lenses	in rcspcct ofland mid Innldings.
Amounts	payablc	lvithin one year in rcspcct ofleases cxp&ring:
Within one year			5& 040	5,040
Bc(wccn	two and	five years	85,000	85,000
O&er live	years		22,067	21,879
			112,107	111,919

1	3.llnrestricted	and designated funds
				Olitct'		Total
			Dcstgllllled	Ulucstuctcd	Urlt'eel	fluted
			3fttgdg	liLndg		ftgtds
			f.	E
Balmtccs brouglu		forward
at	I January 2020			1,459,750	1,459,750
(Dclicit)/Surplus/		in thc ycnr		(35333)	(35333)
Balances carried		forward
at	31 December	2020		1,424,417	1,424,417

14. Restricted funds
	Balnncc ~i3tt	Movement ~lo~t'n	in resources ~it	Balance 3j Dntogtbcr
	2020			2020
	E		E
STFC PPARC		3,100	3,100
Wee(den District Council		10,000	10,000
		13,100	13,100