2021-12-31-accounts

SCIENCE PROJECTS (A company lllmited by guarantee) REPORT AND FINANCIAL STATEMEIYT FOR THE YEAR ENDED 31 DECEMBER 2021 illiiiiillii *ABDKQV63• 2W0912022 COMPANIES HOUSE A25

767

Addrw RegistTed OffKe". Stlrllg Housc. >IS Stlrling Ro¥d, LoDdoK W3 8DJ Chrity r40: Company Limited by GUr￿jtee N•: 21¥6073

scIEr4CE PROJECTS Fln•ndAI Statements For the Year Ended JI Derember ￿21 C•ntrnts P•y L¢8•18nd Administrative Infr￿matt Rqx)rrof Ihc Tn￿tcts Rep)rt of the Audiior 10 Siarem¢￿0f Finanri¥l A¢tivities 14 Siatcmenlof Cash Notes form￿ t￿rt of th¢ financial gate￿￿ts 1&22

ENCE PROJECTS l rtd admiRistritiYc iwf•rn?atS0 Refer¢nce admiAiJtreiv¢ detshb Charity number. 298542 Cowy 2186073 R¢8isred Officc printipl 0pm1￿￿1 ddtts5'. iriinE How 3-15 slidu￿ R¢J¥l LOM0￿. W3 8DJ DiTttt•rn and trustoej R L Al]sts rhJ Bean H Fether#olle S Pitt¢y A Rutnbotd R B Scholefield S 5Mwde rtr s Wilkin$ Appoitited 2￿ Novemirtt2020 PJ4nuary 2021 Resi8n¢d (￿tObEr2027 ApFKM"mtyJ 23pJ Awil 2021 Chief Exe¢utkv¢Officer. S Pizzey SeeRtsry.' K L All4> Anditor Alpha Accountants ILoTthI W 585A Fulham Ro*J. London. SW6 SUA BADkers Bartlays Bank Pl4 54 High Sweet. Rui51ip. MidWKsex. HA4 7AT S￿1£11•￿ Wedlake Saint. Crown Hrw 47149 Hi8h Street. Rea>oLm. St Alba￿ Hertfordshir¢. AL3 7LW

SCIENCE PRO.IEcrs ort rlthe Tru51tt5 for tht 31 Dett The Truees pffwit theirrqwE walbr¥with the fmDnciil forthc year 31 DEcerth2021. Str¥dorfyGwernts¢¢ Mu•tell￿¢ Theorganiqation ij a cba¥itable QJn￿anY limitedby gu8rJne, UK01￿ on 30 (k¢ob¢T 1987 and rtgi5terat as a Charity on 2 Febnmry 1988. The company wasesrablished uThJer a MenM)rnndum of As5(Kiation whjch ¢$tablisht4J th¢obj¢tts and rM)wers of the d￿n￿ble£0mpa￿Y ￿ is governed uThler lis Artck5 of A550ciaiion. Tn the ¢velli of the tomwby t•'YJ8wouod up. me￿t￿ •Y¢ rwuir¢d tQCODffibut¢ DN¢xc¢eding £10. Recrultm¢fit Ind AppolnThent oftrustees Th¢4)r¢¢￿r5 of the ¢ompw ¥¢ also charity truste¢g forth¢ putrM)stsof (knity law thTw8hwE this rewn ¢oll#tively ￿fcrrrd to a5 the bwtees. The ¥nemi%tship o(the W oftru5tC¢5 has Temlined stabltover a numit of years. aThJ rcpresenls people with skills in i1￿￿U￿tI¢￿l. %ientifi< legal a￿d fin¢1￿ distiplin¢sas well • deep ¢ommiiment io rh¢ aimsof lh¢ ¢I￿rIty Con5id¢t¥tion ts giv¢n ¢rt ID anDual bsi$ 10 T¢vi¢wing ajby chaD8¢s in rcquirtm¢nts fOr￿Y cxts3sknll$that ik charity its of ¢rukn. The ffiiE¢S SEwvifbg duringth¢y¢•r sin¢¢ the ye•rthd follows". R L Allsop Dr J B¢n H F¢4¢h¢r5tonc S Pi7Xy A Rumbjld B Schol¢fi¢kl S Snowden Dr S Wilkin$ Appoind 31"Janury Z020 Appoin1￿ November2020 Dece&sed P JanuQry 2021 Resigned 2(W Ouober2021 AprA)intoJ 23Th1 Awl 2021 Tr￿¢¢ triio1 All the Irustees I￿￿1(cadY f￿￿117¥rwith the PrnEric•l work of th¢ cFArity. hlving bt<n encouTagai lo vi$ii All of Ihe slic5 wh¢Te the cbarity operare51nd to discusstDe progTessofthe chuity with key mernbu5 of suff. If if btcame n¢¢es$8ry to intrtyluce any new tn&¢¢s go the trA)￿d ihose n¢w trvsw woum be fully brief¢d on thriT Ic881 obli8ation5 uThj¢Tcl￿rity corDpany knw. thEtonntof the Memorandum and ATiirlE5 or Associion, Ihe objccts ofthecharity. the Teccni puforTr4nc¢ olTrthe chDnry. and ¢0 visir the various opernlion5 dyrinsarnbrnial wovkmg day. (￿lnI$ll1• The I￿ard0f trtwe¢s at¢ reSrAw￿lbLe forthe styateeic diredioD ard wAicy of tht charity. They meet on a re8uJ2r bjsisal le¥t foul tiiyies a ytar. 4nd they ttteive r¢8ular fin4nual ￿ wrii¢tsb re5hytson thtproBress of iht charily. A Chi¢f Exwutsve is Jwini¢d by th¢ fnJstee5 ro diyoFer¥rion5 tbfthE rharity. To hcililalE effe¢r¢v¢ opcThtion4 th¢ Chf ExttwtiV¢ ha5delega￿ I￿1￿nty. Within rhe Eewrns of Lklegaibon ¥wroved by the Ivuslce5. for operattonal matteT5 including the rumiinB of the SciEll(¢ ihe trnvelling exh1bition5. Ihe exhibit ¢dUCt￿ nd th¢ fLnance fvncttons. Relattd prtks The ¢hariry do&% nothave ¥ny r¢lat¢d Wies otherkn tk tst il ￿nd￿lakeS its¢lf. However. The hariry does work closely with othu ScierKe Centtes WL ibe U.K. and arouod the world, aDd regularly p￿th￿¢s cxhibits and cxhibitions for to thosc othr owisatsons that pmmul8èt¢ the obJ¢¢rs of th¢Ch￿ry.

SCIE E PROJEcrs Trusieu f lthe Risk The rrustee5. in conjunction with iht marta8emtni 4)f ihe charity. COTLRideral the￿8￿lar trn51tt%' TnEdiTr¥ ih¢ risk$ to tF in Ihe Mwwrwndvm ofAw¢ialiori. for whi¢h th¢ ¢h8rity fo￿)d¢￿ ate to cducate the public Eenerally in rw of scienre p￿d te¢hnolo8y ￿ all its branche5 and lo promo¢¢ thos¢ (j¢¢ts by 4sTrJlintAThI PLEtingon inter4cnve exhibition50f evw kin Thosc ¢thjccts continue to bc fijlfilkd by thc opcraiion ofth¢ Obxrvory Seitiitt Ctfitst at HctstmorJCCuX and thc opvalion of the S¢1¢￿etwO￿$ w>8ramme. Ihe hirin8oui ofthe ExpknriTrg exhibits. th¢ fMStrv¢tiffi and sale of bB5wke itiiernthive eXhJT1￿ aDdth¢ ￿n$In￿liOn aDd exhikn"IbJnof 8rnJi ￿N￿deXhibi15. In additity to thetontinuarKe ofthe thve w>licies w¢ arc continuingto vj$ilOTnumb¢rs to our 5¢ien¢¢ C¢ntre espe¢ially in the numkn of thl P3Try ￿Sits and tyexpand ihc reach of OUT trdvelling proErimffKs. Ncw and cxpwthj icrt¢Y¢J•ted (xb ycuat HrratmorwAx whith arr having Eratifying tsk¢ by the ￿￿11¢. As part ofouT1￿ we ¢ w8ye of th ti¥Tr)ti81 tt¢d ¢rLeourage mtye younRwlew tske w scierKe. iechmloy. eng￿￿ring, and rAihs1STEMI in th￿¢&￿170￿ atkl tareus. We aRglso aware of the neces51ty to ach out to Underrepr￿[Cd and uTrJeTScrved pansof the ¢omwn¥ly. ¢$￿¢181)Y in tht disldvfjnthgtd ￿n$0[Dur iarbw wdien¢e in th¢ South¢•# of Eoglrd particulathj inthecoLrfa] tyiwn50f th#￿ElL￿. Wc have f(￿m￿lJIed a plan io wJdTes5 th￿¢ rtquirtnnts. t￿l ￿yre¢k￿￿¢I1l w rMY￿be￿n89VIlabk w¢ are in the process of arplying for fbnarKial res0w￿ from fuThJ￿£ 4YDfi¢S. The T￿￿1¢￿$ set Ihe wli¢i¢softkCh•rity control Ism￿14¢￿￿1. The Observatory SciencE Centre is operated by i15 own tull Jnd tirn¢ staff. with ¢¢ntrnl serrices bthnE wjvided from the A￿On premise5. Th¢ 5¢￿￿ew0￿s andcxhibii hir¢ OFraknorLs art lJas¢J t the Atttsn which provides the administration, rnijnienance, atsd some ofrhe swrage f￿11111￿ with th¢ rErnJininbf 5tora¥¢ al H¢t51mDnwu. Th¢ Constn￿li0fi ofimt¢ractiv¢ ¢xhibits 1$ performed ai the Acton wthshw and 15 ThanaBe4J from theoffiees ai the same prthise& Th¢ Trustees hold the investswii powtrs ofthc charity. the tr￿%[￿5Cns￿rethlt any wh held SUTpl￿St0 immedia rEqUI￿￿t￿lS is iDve51¢d 5eDsibly. Inv¢stm¢rttofyuplus c¥b WiLh ihe Higher Interest deposit ccouThts of fjrsirflfiss U.K b&nLs and b•5 P￿lUC¢d w inromr of£84 IY¢¥rtnd¢d 31.122W20.. £1 J12}. which refltcts the low intrrcst rdtes aviilabl Thc chanty hDlds rcscrvcs of £1,191.11445 of 31 Lkcmkn 2021, and thtst(ts ¢thsitsthai Ih¢s¢ ¥¢S¢YV¢$ 8r¢ dwvare to Ptovid¢ forth¢¢tsLtiAued ¢KrthdithTe frnm tbe charity's resollrccs for the conrinued cornmLEmenl io the Ob5¢rvaiory Sciencc Centye and &lerK¢woT￿ and for the mainiew¢ofsu(fiCietst (w)ds to Cushion the impA¢t ofthe ptaks and troughs ofthe contrActin8 OPCrnt10￿. The chaTity 15 also mindfi]l that in order ro compEie in ihEwmm¢rcial rnarkcl forc0￿￿￿¢￿1tht (xLt¢om¢ofwhi¢h helps to svpwrt its ¢harit•bk ¥EjVjtie5) much w¢ight is accotdtd by customus io ihe fLn3ncial strensth of the chariry a5 well as 115 iechnical c4pabilitiB5 4nd ThaintsirbiD8 t￿tAl$ting n¢t b•larf¢ ts now (ssth)ti41 ts t¢sbi¢ ￿ qU￿lfy for th¢5¢ ialtwW￿njl The TnJsttt5 are saiisfied ¢h4E the¢h￿ty.5 attr1￿JthbIe roe4thof its irKlivHluJl are available and 14￿•1¢ 10 f￿[1) irsobligaw VJ those fi￿Nts.

E PRard and senior51aff havetsckied other bcading5 ouilinEd in CC26 duriTrbl th¢ t￿r￿e ofTuTrninE the Part ofthe tssk Tegarding the aMemly ofihc ma¢baBemeni of risk do55ier 15 ts#n$fer the isstr¥ weert¢ourterw may tn£(w¢er In tht fitturt tntoa iisk ryiy¢r fonTriat. Tr ob￿￿Ory and elling exhibiti{￿$￿chVl11es ol¢h•riry have lJirowll risk 8ss¢ssmthi fonlls wkni¢h operntion•l a¢tivities mainly a4so¢ia*d With health and saf¢ty t¢8ardinB #aff and public. Mtttin¥ hav¢ held wilh Ihc at the (knrvalory ¢0 tak¢•pptoprialc 5tCP5 ￿4th)P1 a5 risk str&tw th￿)U8h￿t thc Organiz￿lon.

sci NCE PROJ urt Trry5tets for t •21 RIS￿lts Incornc for th¢ peri￿ amount¢d to£l.117.493 (Yra[¢￿ 31.12.202O.. £1.658.3921 attd tsperniilll COSLI including depreciaii¢Jn lotslled £l,JSO,796 IYe4r ¢nded 31.12.2020". 11.693.725. leaving inrrtas¢ of¢xpthdimre over income 01£233.303 IYe4rcnded 31.12.2020 ITrcrn5eof expKljtuf¢ OV¢T Jwrn¢." £35.333). As whol¢ of the Iiicome Is apPl￿d EO charitable pu￿%¢5 the cowy 15 Wt liable todirecl ￿all(￿. Thec0v￿-I9 parthrni¢ ¢oniinu¢d ￿ UJWI th¢ ¢h¥iti¥' fIn￿¢111 p¥formKe d￿1n% 202]￿th the Science Ccnire only able ro Teoprn May win uThJ¢r rrKwE ￿StrI￿1¥t CiYCiJm5tsrKc4 and the fifdatscial ttsuh5 W¢rt crediiable compared to the prcvious ye4T. Th¢ twdnufadurinpoptratlr￿ aNe w coniinue compleiion of exisEin8conEraa5 althw8h it has come uTrJeT toy PT¢SSW¢ tyc(au￿ yaff w¢te Ltt t￿anY ity5esutsable to travel ov¢t%es due io Covid restrKtJons to cojwle the ins￿1]ation of the exhibits •tyJ we sulKontr4¢1 contractots kn ¢ompl¢t¢ tht work. ￿C0vId ofourvjsromets ￿¥¢ had a ￿n(H￿de¢lIn¢ in their stteam and bave bEen rEIu¢tsiii to plac¢ bu51n￿5 (hxto a IKk of cath and that has Fwi wclkei¢d in th¢ ordu5 thJwtn8 th¢ ycar. Happily. w¢ are now stting a r¢￿rn io mornul levels of cusknmcr4xq￿l￿Cs wliich we btlieve wll translare a stream of dwinR 2022 atyj itttrj 2023. Totsl iTKOD)ehsd¥w￿ by £YO,899 ¢orow¢d th the p￿10¥5Y￿ with txhibit t￿nUfac￿ErIng decreasiDg by 1668.870. and S¢￿￿¢¢ ¢cAtr¢ Thl cxhibithty) hirt and schools tra¥clIingcxhibit￿ incTC4smg by £177.293 impwYerJ¢nt ihe PT￿70￿ yE¥r but still rEfle¢ti￿8 ihe ofcovid-19 tl ttading rrforrnan¢¢ orth¢ Ob5¢TV•tory ScÈ¢nce C¢￿tre at H¢wkn)rteuA, and th¢ ￿cOme foi the travellin8 exbibitiorts. Grafti incTa45¢d by £18,116. The m￿le¢S WEei•mining w5 in ￿1th fund1Trg￿n be In¢rW￿ in a cosi-¢ff#iive manner. The Job Retention Schtrne ilKon￿ alsodetlined by £67205 relleainB the re￿￿8 kvel ofcomwsation paid underih¢ schLYll¢ a#d th¢ f•¢t that ffl0￿ to Exhibil manufacture in¢ludesprojw15 of a 51yJrt term artl IDn8- tErn naNre awj revenu¢ w2d conmbu¢ion on thesecontractsatt tsken on a percents8e romplete Mwh of theexhibii JrKomccL¥n¢s frorrj foTei¥n contracts QT fro¢ucontrw d¢gtin¢d foroverseas lo￿1¢￿. Cfjntraci w(xk in the U.L to be heavily dep￿en1 on thE Oukome ofyant furtding forU.K exhibiiion caiires 4nd thefelore in nature lobe tha¢ of an iTh(TequenE basis. The corrwy hD5 nDW secwedthe r¢th¥bV•] of the 2020 bTt2k t￿￿$tIn￿rAt￿Ott i¢ast whi¢h will 81¥¢ 5ecurily of lenure uniil 2023. wilh thv kase cxpirr in 2024. Wehavc hL￿Ve￿I¥lKO with ihe LindlDrd to vvAte the workshop in (ktober 2023. New ¢oDtsa¢¢s have beth Iwjn fortyJstomer5 in Nrny. the USA ylth¢ United K]ngth)m. Th¢ eNolnKDI pED5ivth s¢h¥v rs wdl ¢4ablithd and thcrewryti￿¢s ￿beth waiifyin¥ ofthe s¢h¢w by the cmpbyees. The Iru5¢eeSLVDtinuc toview the fiLmtt fvrexhibLt rnanufaLurt wlthc0nfide￿e. Inorderto fill￿ thecbarity 4nd $wially to repl¢ni3h funds appld to tht rtstQTthon improvement of th¢ Observatory Science Cthtre. th¢ Irusttts continue io pursw edKalional cAhibii InaTh￿r￿lUrE as a tnunsoCpTopawiTr¥ th¢ir idras a5 well as providin8 fund% forthecxpDnsion olthe chthableobieoive li would 5eern prudeDr ro [S￿jME ib ihe Ob5t¥varory Scicrtt C¢u4¢ will in always tequi￿ fu￿nc￿l suwort eit￿r from granis OT from ¢xhcrJctivitics ofthcchamy. Thc charity hascominucd to invcst ift its Scicnec C￿tre 8ttd iJbVEsi¢d in new ¢xhibits dufinKihe ytsT. New illv¢simeftt will drythi on ¢ither Granl itst0￿ or enhan¢ed rtWftLS from m￿￿fath￿l￿S¥¢llvlIl¢s The fixed asxts of thethariry are hdd in the form ofexhibits forthtsffi￿ Centre, Sthen¢e Works and Explonn8 S¢ieDce Erivelling &xhibiliO]￿,. WO￿SE￿and0ffI¢e pl•oi •tsd rnxhujcry." Ind mowT vthiclcs for 4uipmeNi co]k¢t￿n and dcliw.

OJ rtoflhET Ruults (continued) Tradcdebiows r¢fl¢ti th¢ am￿nts owin8 bycts5thffl￿[￿ exhibit COll113cts and exhibii hitr. and the work progress is the cost value of£onn￿ work noi YM invoi(J io The estimatsd vlue or￿￿lS does n differ from that shown in the xc¢yJn Th¢ fLnanci8] position of the Bal¥n¢¢ Sbe¢t is will enDblE theconyw to corylet¢ ill itscontra¢¢$ 8thd comfftitments and continue wilh educaiional pwrarnw lveBttyt ¥x)ly The trustees. bving Tegard rothe liwidiry rcquirEDJeThtsof operwing theoversll ¢hwity of the re5¢rv¢s poli¢y have ¢wated a wTrlicy of keepkn8 avAi13ble fimds in inre5t bEarin8 thp)si¢a(Kounts aNI s¢tk io achitvt the ra of Int¢￿St r¢turn available to eh4riti¢5 ift the finaDual markets. We art Wisfd th•t th¢ r¢wrn w our iThvtsmJents commcThwrate with our inve5t￿l risk ￿licY. con5￿c￿tIon will be give¥b in 5¢eking iYtte¥ rthrrL¥ ¢Jn tr4ually 5erur¢ i•v¢9th￿ts wh¢t¢ ivailble. Rrvs pdky The truslees have establi5W Ihe level of rtsery¢s lthli is tjw that •r¢ fretly I￿11able) thai EhechDrity ovytto hav¢. In ￿[cula1￿￿8 reserves. the tsustee3 have excludvj wtal hnds the in¢om¢ funds, tansiblr fixtyj and thc dcwgnatcd fimdk R¢ser¥c5 arc nccdc4110 ptovidc foTihc cL￿fInU¢d ¢xwdiwY¢ from th¢ ¢hariiy'$ rwr¢¢K fortht ttyltinutd commimieibi io the (M)servatory SCie￿¢Centreal￿j 5ciEnceWowks. rorthe main1w￿¢ of 5uifirTrEDi fvnd5 tv tushion ihe impxt ofthe peaks and trvJBh50f the cr>niraciing operdtiOn5. To be able to COmPEie in Ihe inierDaliw81 s¢ierte ¢trbt ¢xhibit ¢ontsaci Ma￿¢￿ sufficieTht finAncial resou￿$ need io be rnaintaintd by thecharity in br abk w)4ulify to bid for th¢8¢¢ofJtsacL%atkl wr Teserv¢s poltey takts ihis factoi i))to accouni. Restrvts wt¢o•¢ Al ihe yeaT end wir¢5triclesJ Te$￿¢$ weTe £1.191.114. n(rtbt o(which wert desigM¢td. attd nrpne ofwhKh w¢rr specifically commilled. Fixd 355cts TEprEsentyJ £17.706 of ths whKh otsld be realisable only on disposal ofthosc fixed assets. Tr balarKiThg figure of te5eTV¢5 I￿11•b￿aft¢T th¢ dtOwtJon of r¢striad fvfyls. omiiied fimds And anM)uTrts only re41Lsable aller the sale of fJxvJ a55Ets ￿ lhe￿rOTe£1.l7j.1oS. This ¢x¢¢¢ds our rg¢E Foliry olhaying aYailabl¢ t¢s¢Ewes of£imilioti and will allow US ¢ope with any potrntial ¢Rdin¥ downtum in the n¢xi finiTrri#l tommit mttich ￿nding tony grnnt fundiTtg we Tettjveto fidvance OUT charitsble obieciivea. This policy ha4 been Windicated by ihe events of2020 and 2021￿￿ the ¥mpxtwowldwid¢ of ihe Covi&19 parvJemi¢ and 10 pro¥id¢ yo￿ fin¥tyal cushion fortht hLtsLTt ffinaKial UDcertainty of ouKome5 in 2022. Pl••$ f•r future perlods The charity plans io coritiiiue Ihe acDviTies ¢Mlined •bov¢ Th the yws $thje(I t05atisfacthry fiJThlin arrnnBements. Because grants receivabk by Scientt Projects 10 te ofa capital ¢xpcNlittJr¢ natu[¢ and n(A availwbl¢ 10 fjjnd rtvenu¢txpttkl¢wr¢. th¢ bijsttts have A wlicyof en5winLi all of ￿ chEnry's aclivitLes are fJnarKially s¢lf. supwrting. WhuE xviiits •T¢ self- *¢Mt¢nuinÈ b•sis the thJstee5 Teview the $upwrt that can be offcrtd to those activiiies.

IENC PROJ rt f¢ht Trusiees (or tk rnber2•21 Trmttts, Yupmsithililiu for the fin•Ki•l The trusreej wtrKTrare ￿SOdireC￿rs forthe rwA)5esof company law•rr rcspon5ibl¢ for PT¢pNrinu the trJsEets' re￿rt 4nd th¢ financial staiemenL4 in xcord4nce with applicable law and United Kingdom Accounring Sr3ndard51 Uttit¢d Kin8dom Gty¢r4lly A¢<epitd Ac¢ouniithg and are r<quirtd to pryre financjal statements for ex¢h fJnaJi41 year wbich 8ive a faiTVi¢W of the o(affau50f th¢ ¢hAfity aDd the iDcomiDÉ resour¢es and applicaiion orTeS0V￿. IncludinB Ihe nel income0r¢xp¢ThJilu￿ ofthc tharity forth¢yuw. In pwarin8 Ih05¢ financial s¥t¢mtst$. thetrnstttsare rquirtd to.. 5eleci suiiable accouniing Fo1i¢ies Jnd thEn apply thcm consiS￿￿Y mak¢ Jud£tmen¢s and C￿]￿81¢$ th•t 4re rta50D8ble prudeni ate wFther •pplicable ac¢ountLTh8 stsnd3rds and sthreN%nls of recommended pr￿lICe have been rollowed. Subjttl to any mawial depuresdiscJosoJ and explAirtoJ in the f¢nancial s(atcmcnts pr¢pkYc the finaneill ststcnxnt5 th¢ Btyng ¢onttrn b￿LI￿￿$S it 1$ inltwriatc ￿Pr￿uMC th•t the ¢haDty will t(￿ti￿￿ iii tsw￿10￿. Th¢ tru5te¢s •r¢ respTh￿1¢ for records whichdis¢l(tys¢ with rt•50noblc accuracyii any lim¢ th¢ fJnan¢ial PDsilion tsfth¢ chanty and which thublt ihtm io th•t th¢ fiilallcial yatements ¢omply wilh Ihe CompanJesAci 2LNJ6atKi with th¢ Accowrtin8 aThJ Rewrtins by (]￿nI1¢s. Sta¢emEnlolRgrommMdEd Prxi1￿ applicablcto charitiC5 PTCP3rinB I￿r￿CoUnts ￿ acroTdwK¢ with Financial RLyDnin8 Stsndard applicabl¢ in the UK and RepublK oFlreland{FRS 1021 leffetyiyc l J•uary 2015}. They are a150 TtsrAThsibk for safeguaTdbnE the ￿elS ofthc charity he￿¢ for the rKrntion detection of frdlld other ureBulariLies. In 4￿rda￿e wirh law. •$ the¢owy's direc￿. w¢¢¢nify rh•t". Jo far as W¢ are aware, thcrr i%NJ EelevAnt audit infornwiion of whith SI￿1t0r ¢5 n#waY¢" and 45 thE dirKtors0fth¢￿mwY w¢ hav¢ tk¢nll the sty wewght itt make Ou￿¢]Ve5 aw#¢of TeleYaniwlir inforThoA•ttdtrJ ethliih the ¢h8rity'$ aUdI￿r is aware of infl￿1￿)￿. Audhor Alpha At¢ountsnts (London) Offe[than￿We5 for1p￿int￿wrtIs wdithr in XCOTdance wilh s￿l0n 492 or Thc Companies Aci 2(￿. ON BF.HALF OF THE TRUSTEES SlirliThg House 3- 15 StirliJ)8 Road don. W3 8DJ R L A1150P rc¢torand S¢¢r¢iary 28ib SeN¢mber 2022

INDePENDENT AUDITOR'S REPORTTOTHE MEMBERS OF scIE￿cl PROJECTS ILIMITED BY GUAlL4￿TEEl Opinlo We hav¢ awjiled ihe fitsnffial 5tarc4rKnts of sti￿￿¢ Pwieets (tht'¢h¥itable comparty'l for the ye4Tended 31 D￿eMbEr 2021 wbich ¢oJwrise thE Swtowniof Fittwial A¢iiviii¢s. the ￿ar￿¢t Shw. the s￿l¢￿￿n¢ ofcash Flows, and the related ThJI￿. The fina￿lat TeFVrtiTrB frameth thai has bren applid in th¢irprtoarniioTh 15 applicable law and Uniied Kin#dom Accouniing sts￿rds. Incl￿￿1￿¥ FJnKial R¢r￿ing 102, the Fiiiancial R¢r4)rting Siandard applicable in the VK and Rq)ublic of Ireland Iunirexj King¢JomGene¥ally Attewed A¢¢outtiin8 Pwa¢ii¢¢). In ouropinion the fuJarKilll 5tsLements= 'Bive a tnK and fiiT view oltheate olihe thllritlbbr cov￿$&fflrs a5al... wThJ of bts irwming ￿SoU￿& and application of Ttswr¢es for th¢yearthen eThJed.. .bavt been prwly prep￿ed inru0￿1rtC¢With Umittyl Kin8thm CrtJxr8lly A¢¢¢pted A¢¢owtt¢D8 Pr•cti¢e,' And .bav¢ been pff￿¢d irl XC47rdarf¢ wmh the r4uiremtntsof the Cwpanies Act 2W6 Bls foropiniti# We conducd ow ￿di1 in xcordDrKe with lrtemDlicnal Stythrd50n Auditins(UKI IISA5 (UKII •)d applicabl¢ law. Ow trsrthsibilities those s￿￿ardS are fvnh¢rdes¢ribvJ in the AvdJt0r'STe5￿nSIbLILtL¢s foT the dil of the financial 3iaien]¢nts seoion of our Twt. W¢ inderTrthm ofth¢thAritbl¢coThpany in acwrdnte with Ih¢eIhi￿ requirement5 Ihal are relevant lo Ixtr a￿111 orth¢ fiTraNc￿lI.l￿lcrncnl5 in ihe UK. iTKI￿lI￿4 tk FRC'$ Ethical Sthndart and we hDv¢ fvlfilled our (thethicai rcswxtsibilities in acc¢)rdance with these TequiTem¢nts. Wt believt that ihe a￿111 ewdtnc¢ w¢haveotrrtainAI is sufficient d￿j to providc • Ipa5i% forour OPlnKIn. ltt athd1t1￿ ihe financial 5talemenis. we baVe￿w￿l￿d￿ thai ib¢ 1Th51ee5' useof lh¢ 80U￿¢0[￿Crn basis or accounti￿ in the prepgratioD of the financial Mtetrtht5 15 appr￿￿. B￿d th¢ wotk we have pvforttd. we havr idEniified any nrtftfial unccrtaiThties ttlEin% toevemtsor condiiithss that, jndjvidually orc011￿1V¢Iy. my£￿ SigDifi¢atst OD th¢wp and PT¢nttharity's •bility to continuE a5 a 8oin8 concern for a periodofal kast IZ months fiurn when the finwLal EUkrrwilS #T¢ wthori5 for Our rc5wmsibililics w¥J th¢ ￿s￿ibIliti49of th¢ tsustees with ¥r¢ de5criW in th¢ relevant ycaionsof thi5 rgivt. Other IDformatloD Th¢oth¢rinfOcmationconwi￿ the iTrfornwiion irKh•Jcd in th¢arnu¥l TWL othETthan thr fin￿11) and rJUT a￿lItor'S Terx>n the￿￿. The restrf>n5ible foTthe othEt intOrn￿li<jn. (￿0p7￿10￿ OD the rinoncial $tstem¢hts does not ¢ov¥ th¢ other inforJNiiOft and. ex¢¢pt to the exieni Othe￿iSt expliciily siad in our rcprt wcdo Dot express ally fotm of a55ufdnrcconc1us￿n En connlthon with ouraL¥Jit of ihr financial statemcnts, owr resp)n%ibiliry 1$ toread the other informaiion aThJ. in doing 50. cOnS￿erWh￿hcrthC othcr infDTmatiOn 13 rii?t￿aljY InCO￿5151¢￿[ with the finnrial stgtemenik knOwled¥¢ Dlthned Jn the audit or Otherwi￿ 3ppear5 ro br maitrially mis5w¢d. Ifwc idcnlify 5u¢& m¥lu1￿ iDr0Tr5l5te￿￿5 OT appatttil m?t(¥ial misstotemenis. we are required io dtterniine whether there is a n4Eerbal Misstalen￿￿1 in the finBncial statementsor a material missutemertt of th¢oth¢r i]h(Orn￿ti￿. Ir. b&sed on the work we have pEr(orn*d we conclDde that there is a mat¢rial ]nisMaiement ofthis other infontwioti. we x¢requi¢¥J to w that f¥L Wc hav¢ nothiTr¥ kn TEPJrt in thi5 rrswd.

Oplnloos OD olher m•tters prestrlbed by the 21•6 ID ouropinjoii, ba￿41 on thewtyk und¢rtkn in th¢t4W5¢ of th¢ audit." .the inforniaiioB giv¥L ih the Trnstees, Report which in¢l￿deS thE Dbrecior5' Report PTeparcd for the purrAises of ¢ompany law forthc fitwKial yw for whith th¢ financi￿ ar¢ FWttd is consistcniwiih thc fjnancial Idklllalts.. Dirciiof5' Rcp￿ within th¢TT¥SW' Ry)n has b¢rn PTWTtyI in wilh ppbiuble legial latters on whlch vst are rcq¥irul lo ￿pOrt by eiceplioa. IIK libhL of th¢ ￿.￿wI&d¥r and uiidersiaMfiTr¥i of tht cl￿4)￿ble conynv >kl ilS&ntriTlJiifftit obtsiTd iii il)c (bfdi¢ audii. wc ha%r rKrt dtTrtified nwtcfial mi law) èTt rwotisibl¢ fL)r ik prepa￿7￿17 ofihe Iin&nLliil 5ts1¢menis iwKI lor b¢iTrbr s¥1151i¢d thai bijvc 4 tru¢ fair vj¢w. aryl liTrT iJJtrn)al CJ)ntrol as th¢ ITUsf￿s Il¢t¢rniinc is neccs¥ary rfi¢ weprJiivn nf fi￿Jn[l￿1 f[￿ from lISSli￿gIVen￿. orerTQr. In pT¢l￿ring thc fininciil St¥wi￿￿￿. tht InL4e¢$.'￿c for al￿1Thg Ihe t1￿￿[￿ble compny'$ abiliiv t CODIIIIU¥ Z5 a 80iTrg ￿￿1￿¢m.diS￿lO5lll￿. applirable, t￿1[5 fL'laied ￿ ¥oin8 coiiwrn ￿lI)S Th¢ ¥oiD C4)nc¢yn basi.sof counniig Ihc IpJstfe5cither inieThJ w liquthie ihe (>rto ¢e&%e opernii(Y115. QT kave iio) realisti¢alternthiii'e ￿11 tLidosD. Audifvr's rrspoThsibilitie5 for the 4w4Jil Df the Sl¥¢¢Jets OUT t>jeLthv¢% irc toubtsiim red$￿￿b￿ li 55thfKe abrmji wkahcrl￿ finanLial Sluiemen￿ a5 a ￿re free from Tthiterial ttii.%Stat¢rn¢ni: wh¢ther [1￿ lu frJud or vmt. thd to l.wi an atsdiltlf'%T¢W%rt ihdt Irt¥'l￿d¥s (WTVPirtion R￿sOnabl￿ dSSiifaiiLe Is a hi¥h level vfassiirJncebut is ni>1 a k￿lf￿nI¥¢ thal wLJil ifs afLvrdilTK¢ WltII 15A> IUKI will #lways (let￿1 iDi5u4i¢rJKni whcn il cxists. Mis5Ut¢nicTrls from Iriwd oi ¢troi iuid 14 re COD%¢deYcd mAterial if. jrndividually or in ihc 38gre¥i3lC. ikn" e4)uld i¥PLxicII io illlluciict ihe e¢oiivilJlt de¢i¢rs t3k.thj die Wisof financLiI Siaientn￿_ Basèl on our understsndiDE of ihe charitable eompany aftd th¢entr1ron￿t in which iioperates. we Identifi￿ thai Ihe principal risks ofnon<ompliance wilh laws and rewJlati011s relaied to ihe Tegulaiory requirements of tl)e Chariiy Commission. and wt considercd lh¢ ¢xttni tr which non<On￿lia￿￿£ might have a nuterial ¢rr¢¢i on ihe finan¢¢81 statements. We also consider&1 thos¢ I#w5 aod wlatlotsg thai have ¥ dittti uhpad on th¢ PTepaT•liM of the financial 5ts1cmcnts such as theCompanKs Ac¢ 21￿￿9. Ihc Chankn￿ Act 2011. and UK tsK14W. We eyaluatcd maLg8ement'5 inceniives and opP)r￿n•t1cS for frE￿￿lent maThipulaiioTh ofthe fiTrBnctal stattments IITludin8 the risk of override of¢ontrol$l an¢J detemiihyd th# th¢ pri￿1￿1 risks wer¢ relaid ittapprowia Jliurnal enlr?es aDd maNgenKni bias in cettain aCfDwiiin8 e￿illIa￿eS andiudgements such as the re¢ognitioth ofin¢ome f¢om legACieS and ￿ts. Awliiprrthkn perf0m￿l by th¢•igagemrnt in¢luded..

Insp¢¢tinR¢oThrswthncewith T¢yAlarors and tsx authoriiic5. . Dis￿SsIonS ￿1h lnclud1ngc4y￿1dcrntlQn of knoTror su4xcd I￿￿nCES of nDKrrfnpli•nccwith laws •nd T¢¥ulaii¢n ¥nd fvwl. • Evaluatin8 Manazelrtht'sc<￿￿oIs designed w PfEV¢ni aThl drr¢d irrtylan"IiES. R￿¢with¢ MioU￿of4]I Tn￿ Gov¢rntytywiftgsthiing th¢ yc•r. IdeMifyin8 aThJ stinB journ¥15. p1rti￿$1lr joyml ￿117%$ Wtst¢dTnth um1$￿7 ¥¢¢wnt crthbirt¥lioms, PDStiny by unugjal usets&f with unuJal dempIiLW￿. and Challts8i118 Assurnpliuns kndNdRth¢tttsmde by minaÈemtni in ththTCfitical atLr#Jntin8 ￿lMateS Because of the bnhercnt limitanons oran a￿1{ ther¢ is a risk ihai w¢ wll all iwr¢guiarities. including those l¢adin¥ ￿ a material mi55taieffletst itt the finarKial norF<<mpliaTrce wi¢h regulaiion. Thss risk irt¢rtasts tht tN71t that ¢o¢wliance a IAworTegulahoD iSTemovoJ from the evcnt5 ar¥J transDuion5 ret]etrtrJ in th¢ finanrial SW¢mt& ¥ we will t1¢ss likety io becoffle aWaTeof insr8ftCts of non4J)mpliance. The Tisk is also ¥rttot rtSard￿g irTegularilieS Lwrrinbi due to fra￿d rnther than error. a5 frnud involve5 Intent￿nI1 conrt41menl. foTgery. ¢ollusv)JL Omi$5ioth. or miytpres•DIios). A fiwther¢k5rrtyion rwJsibilifif5 futthE orth¢ SWrmEDts is knttd ik fitsancial Reporring Cow￿11,5 wcb5iieat". wWw.frc.ot8.'Jkl•￿ji￿STE￿b1lID¢I. Thi5 f4)mts p8rt ofour auditor's reFKJfL Uscof ourTeport wtwrt is thehritsbJe ¢Onw￿￿￿ brAly, in ¥¢ordance w Chaptsr3 of Part 16 of thE Companits 21X)6. Otsr a￿lIt wort h•s bctft WMl¢rt8k¢n $0 that W¢ mi¥ht yate to th¢ h￿Ilabl¢ ¢ompany's m¢rnitsthose mattws we •￿Tt9￿]rnI to ste to them in an Audttofs report forno 0iherpurp0￿. To ihe full￿ exknl &￿il￿dbY i¥w. wtdo Doi w or I$5￿me r¢spowbiliiy io any￿ ￿her than the charitsble company and thc charitsbkwrwys meThber& as i Wy. forour •udit WOTk. foT this re or foTiheq>inioni we havc frrfma. H•r•lamt#)s Hambi {Senitsr audiwrl for4nd on behalf Df Alphg Aitow)t*tyts ILotyJon) Limittyl Auditow 585A Fulh•m Rcéd Lonthn SW6 SUA Date oi, 12

IENCE PR temerbt of r tlldtd JI DtteA1￿r 2021 IFun Year cndol Ycar cndLYI ID¢omo and txprndknrc In¢•mlnE resour¢o5 Gr¥niS Y¢£eived E¥hib(I mwuf¥thu¢ S¢ietKeCeDtre and Exhibitith Hire het Inierest on ¢J¢pwits R£Trtsl btt¢omt Job Rctenlion Schcrt Iw 31216 31.216 674.130 341,199 995 84 13.1(KJ lJ43.OfXI 163.906 674,130 341.199 995 137.074 Totsl uKoJwnB ￿sourc¢S l.086277 31316 1.117,491 I.658.3￿2 Rtsourtt5 txpfflded Thrtct s¢ in ihe Swern￿t of FuwKial Athvities forthe prnod. 13

SCIENCE PROJECTS Ball Thct Shetl as at31 Dtrtrnbff 2021 Y￿r ended JI IkcembeT 2020 31 December FIXED ASSETS 17.71 27J93 CURREwf ASSETS Stork and work in pwg Debto C￿1 At and in ha￿1 12,915 152.754 1.087.104 15.336 207,258 1.338.075 1252.77J 1.5fAI.669 CKEDITORS Amounts fAlling dye wiihin one y¢aT (79J651 {163,645} NET CURWT ASSETS 1.173,408 1.397.024 Total as5cts Ic55 cunrnt liabili¢iE5 1.424.417 CREDITORS.. Amounts fallin8thJE allerrnorethan on¢ ye4r 10 .424,417 NET ASSEfs FUNDS Unresrricted In￿rne fvr G£neral funds 1.424.417 13 Tothl unrtS¢ri¢d futhjs ,424.417 Reslric41 fuThJs 14 TOTAL FUNDS 1.424.417 The accrjunts were awroved by BoJTdof Lhrrr4W50n 28th Sewembw2ff22 aThJ si8wJon Ih¢ir behaifby.. S Pizzey R L A1150P 14

ENCE R(XIECTS St tement tyf h FIDs f•r tht eare4Jded31 D￿t￿ber 2021 cn 2021 020 CAsh flowi fr•llJ operallng acllllfu: yntrNied fr•w optrii#¢ ¢llYfjthe5 Caih n•wi fr•ffl inVCSli•¢ ￿lIvI11e1". Intertst from iovestrnents Pur¢hwof plani •nd tquipt 84 {IOJ49) lJ12 13J451 465 033 (250.9711 131.575 CLsh and whquival¢ntst th¢ brwmih8of th¢ y l J58.075 1,21J6.5(KJ C•%b tslL equiv•kNts •1 ihe end of tht yur •peYatill8 A¢tiVitl Ye&r e ear itytomt I•T Iht ytsr Adjust￿￿ti (gr- Depreciation charBc5 IDt¢rw from invesmnts D￿r￿e$ll￿rry￿5eI itt Stods De¢tta5eJ{lJrtase) in debwrs t)e¢￿se in CTediioT5 c¥b Pnb¥lded by optrtlnKa¢liviliu (233J031 135 J331 20J37 {841 2,421 54.503 53.419 8.846 2 Ahlysiiofush ¢•slJ E4ufv*lMts 2021 202 Cash in bjnd NDli¢¢ dq￿lts Iltss than 3 mothths) T•tsl oisl and eqTAlv¥ltnts 199,024 470.368 67 075 15

SCJEPICE PR<XIE Notu to nts for rottdtd JI Detothbor 2021 l. Prfjoclpil ¢¢(￿lIk￿E po&1 The financial stat¢ments have bttn picparcd bn accordance with applicable Unid Kingdom sanOrd$ and follow ihe Tecomm¢ThJaiion5 in the SLyTthJieDI (bf RtcDmmeth knctice.. Acc4)unting and RepNin& by charit￿5 SORP IFRS1021. Try ￿ve prrprvj utwjtrthe hisW41 ¢o#rA￿Ven￿o The pro1¢ipal politsesof ihe c4￿￿lY hove TerAin•JuDckn8ed from the previou5 ye4r Ind are set below. {al locomihg resour Grants of a r¢venue nature crtdited ts ihe of fina￿18[ ￿1VIlle5 in th¢ 5amc period asth¢ ￿LIted ¢xpen4Yiture. Th¢ from lorLRttrm clyntracts reflects the prowrtiOD of work eompler•J to d)[¢ thÈ kKojtsi. Other incomc 15 includtdon the thYm•l xuuals tra￿s whcn earned. Operniing Tereipts exclude walue ¥dd¢d tsx. b) Resource%￿Pended Liabiliiics art t¢cogniscAI as r¢sowctt expended as ￿M)n a5 tha¥ isa legal OTcoM￿l¥e obliylion comtni¢tin th¢ ¢harity to Ib¢ ¢xp¢Dditure. All ¢xpendirure is foronAD xrruiisb•sis Blld b15b￿n tla$5ifJed urmkr head1D￿$ thai aw¢B#t¢ all costs tEliii18 ￿ the ¢•te80ry. Chanthble expendrture comprises the com uurr•J in d¢livyoIiis¥¢ti￿1]e$4n￿ s¢rvi¢¢ Gov¢rrwi¢e eosts include thosc a$50ciatcd with Jnethins thr coniwiional 4Th1 swvrory TrwiYemu)tsof th¢ eharitygnd in¢lud¢ th¢ Audit fttand coms link￿ to the strwesic mana8emeniofth¢rhwity. (¢1 T¥rylblellied assets Tangibl¢ fLiuJ JsY¢15 their purthwprite WCT With any intidtntal expenses or acqui51iiM. PTOViSion for d4reciatson is asto ￿]te the ¢0# of knpible fi￿￿ •&8tts on a str&i8ht.linc basi5 OVCTthc cxpccwyl us¢fvl lif¢of th¢4$5rt¢(M%¢rn¢d. Th¢pri#¢ipAI antlual raiek for ihis pUTrwa￿'. Exhibition kniand nooring Exhib4ts Other equipmtn¢ Motor vehicles 25% 2￿￿ 25% {d) Stock thlld work lth pr•ye Stock and work in progre55 JTe ststed ai thE k)werof ¢05t and reall￿ble v•luB. Nei reali5abk value is thepri¢e at which sioeks ean be sokl in the norn￿1 CQUT5eof ￿JsinCss afteT allowing for th¢ ¢osis of re￿1$￿00n4ll￿ wtsue Approwiate. ts coyofconver5iQD fmtntheircxiw¥ stale io finished Condi¢iOn. lel Lo08-lerm conlY¢ts The aitribJlable conrribuix￿ on lon8-le￿ conlracts is weco8ni5tyJ onrethe oulc(bnr can be •ss¢ssed wilh rtasonable certainty. Thecontribwlw IttogDiS￿ r¢fle£ts the pro[4)￿ of WOTk ompleltd todate on the proj￿t. C05ts asxrti4t￿ long.tr(m ¢otytr¥t$ 8Te ittcluded in Mi ihe extent th8t ih¢ycannot bv rnchvJ w?th conirnrr acc(xu￿ for￿ inc(Vnin8 re50Wf¢5. Long-ienn conirnct ba]8Ace5 included Ln slock ate aied Ji fOST. after provisi{￿ I￿$ been Thde COT any foTeseeabt¢ losse5 and ihe dtduction of appIl￿ble paymenrs on x¢ounr. Full provisioll 15 (ot k)SSCS all ¢ontra¢ts in th¢ yet th which th¢loss bs firyt hrt8e4b. O Optrtlrti leAsts Payrnenis fDad¢ UDder k￿e5#￿trI￿g￿l w the Ststwe￿ of fin•n¢i81 a¢tiVbtie5 0th • straisht Iineba5is ovet the least 16

SCIENCE PROJECTS r ended 31 DecembEr 2011 l. Prlndpl tt•UO1ing poJld¥s-tO￿￿eé Transactiotks in for¢i8n cuvrenci¢5 are the exrhan¥e the of th¢ tra[￿10￿. Monetory &%sets arKi li4bslities in forei￿ currencie5 translird atthe rat¢ of ci¢hn8e rnlin8 DI balante sheet date_ All Other ei¢hang¢ differences ate thli with in ihe slalement offm￿￿la1 aclivitie Afterearcfijl consideration ofthe chariiy'5 ClIlTent financial 51lllltion, +Je regard to its cash tlowA liq￿Id11Y and fu￿rt plartsgttd prosrrt¢ts. th¢ Tnjstees hv¢ * rel￿nabICexPeCtation thai the charity has adequaie resouTces ntinue in wration forth¢ foreswble fiJtyJT¢. A¢¢oTdthEly, they c￿lin￿¢ to adwi the going ¢oncern b05is in preparing th¢ arrounLs and thgr M￿c￿￿1 the thaftty'slbility totylliili (l) Public bEntfi¢ Th¢ ¢harily i$3wblieknfil eillity. (J) IrKorniwi rtx+urre Th¢ rtv¢J)y¢ ￿lE10￿polI¢l¢s ofthc ch4nty ate&% fdkn¥&" (i) SAles of etstr•￿ tiekety uks4re t¢fO8ni5ed &srevt4Lueon ttteipt of thec45h lill Tr4vellin8 exhLbiiwns¥r¢ invoK•J and th¢ rtyeJ)u¢ r¢rWiS￿Jl)￿¢QMpl¢tIQfj of the eihibii rnitsl. Sale4 in odvBnc¢ of the Co[r￿7#￿M of th¢ s1wj￿ as deferred iDCOThK. (iii) Income from the wpplyof 8oods•nd s¢rvi¢¢s isrtcoytt¢d wHh the deliveryof ik contracte41 serv1￿ proVid￿j Ihat pi the Stage of compl¢tion. the costs irwTTed jtb delivuing th¢ S•Vi¢e and ihe Costs ￿ complwe ih¢ rcqu¥mnentsofthe can bE ￿ll￿b]y. The methrAI usd ￿ measure the sthgeof compiericm Df a contsaci ￿ thai of the proponion of eos incurred foi work perforn￿￿ lo daietompared wilh the ￿al e5tuned io complMion. Ik) Flumdal imstrllments The chanly hasbasi¢ fu￿¢la1 asts and liiliii¢s ofè kind tslqts￿1fy asbs fin•n¢ial instrum￿￿ Basi¢ tin4nciAI in5trum¢nts ate iDiliJlly recogni5cd a¢ ttan5artion subxquEndy mtaSWTed at their 5Cttl¢Hw* value. 17

JE Note5 lo ¢h¢ wcttsuttt ended ember 2021 2. DlYRtt thril#ble ewnditsre RtStyi¢t¢d Totsl Fvnds Total Fund5 Ycar tnded Year ended JI JI tkwnbcr zozo Exhibii tnanufauuT¢ ience centre arKi cxhikn"iioTr hirr S¢ientEWorks I￿.364 365,834 10.685 8OOJ64 397.050 10.685 1,053,703 454.51Z 33,178 31216 .176,883 31216 5208.0 1.541.393 3. FMAd-rlsloE and pyblldty Publicity 179 7.532 179 179 7.532 4. GovtrnaDtt<ost5 Sal&rie% knd offict Costs Legal and prof￿1(￿al f¢¢$ Audit ftt5 105J65 26.45J io) 105.56$ 26.453 IOJ(KJ 105,296 9.5(W) 142,518 142,518 144.8fy) 18

cl P4CE P OJECTS P4•irJ to thc •crovnts ftrr tht T 31 Dttem Tot1 reJ•ur¢es eXpe￿d Yearended YearendEd 31 D¢¢cmbcr 31 Dcccmbtt Tothl 20 Educational seryi¢es FuThJ•raisin8 and publi¢ity 720.984 20237 466,878 179 36.953 1308.lj 1.541.393 7.532 144,800 105.565 142.518 YrJr¢ndr Year endrd 31 Dxcmber 31 De¢tmber 2021 020 Staff tosts W#gcs and 5alaTi ial sccurity ¢0515 Employers PellS￿￿ thimbAifAJS 744.186 68.308 14.055 839,679 74,638 14,666 826,549 928.983 her costs Premise5 M&ieri•l$ Misr¢ll¥n¢ous 149.301 381.975 180,047 204.959 145.520 504.010 711J23 Ye4r¢ndtyJ YeHr en 31 D￿rnber 31 D¢¢tmbcT 2021 The av¢Thg¢ of¢mploy ¥￿￿Y$41 by fiLnc￿n w•> Eduojiional service5 Manakyerneni and admini5rr¥i¥)n of theclwi 26 Dlrcrtors. ernol¥meDts •Thd tmpioyet iDfonN•liow: In common wilh normal prdciice in ch￿1)es. ha5 paid ￿th￿dirEc￿T5 (who are Eh¢ trusi¢es), excryi thJrby a swl di5PEnsJiion of the Charbry Commission. the ￿er direciD apwOV￿ a pay￿￿t to th¢ Ch¢ef E￿￿1¢¥¢ Offw, Mr Pizw. of£51.968 (Year•thl 31 Dttentbor2020.. E61.007 forhi5s¢rvicesdurin8 the y￿. Noneof thr trvmecs have be￿ expE¥Ms durin8the riod. The number ofcmp1oyff5wh¢JsecmDluTh￿¢5 ¢x(¢d £70.(thI thwin8thEyE&T was.. Yearendfyl 31 Ikcember 31 D￿EMber 20 No No £60.(th. £70.( £70AXXI. £80.¢KKI Deflntd Cootrib¥tlon Pensio• TID Employer5 PCllSiQll ¢L￿tributIon costs ¢0 th¢ tkrwed Contri￿￿0￿ Potsioa Pl• athoun¢¢d w £14.055 12020 £14,666) and are 41]ocaied io activlties in prowrtll￿ w the TelDte41 staffing costs incurrul And are w)v)Ily rharged unl¢Sili¢t¢d fwhjs. 19

SCIENC Noitb to tht accovn for ih ded 31 & fixed •sieis Exhibitiorl buildin8 t¢lli and tloorin Co Ai l Jaw 2021 Expenditijre in the ycaT Dispos•ls I09J33 1248.129 41.162 588240 1986.864 10.549 10.549 112,6(KJl (12.6LK)) At 31 tk¢mber 2021 109.333 1348.129 2X.562 598.789 1.9A4.813 Deye¢•Ation Ai l Janvary 2021 Charge for Ihcycar Disposals 109J33 1245.440 Z.689 32,592 4.285 112.6(K)) 572.105 1.959.47 13J63 20.237 112.6L¥JI At 31 De¢ember X121 IWJ33 1248.129 24277 585,368 1.967.107 Nei y￿ue At 31 (k¢emb¢r 2021 4285 13.421 17.706 Net ￿1￿¢ At 31 DecembEr 2020 .570 16,134 27,393 CApltal <ornrnilTnents Th¢r¢ w¢r¢ rto Capital C47mmimK￿￿1u]lwJl￿%d ty ¢wtra2ted for at the b•l•n¢e slKddat 7. Slork vi•rk l protrus Yc4TcndtyJ Y¢ar 31 Ik£emb¢¥ 31 Dtttmber 202 Sto¢k Work ID pmgwess 12.915 15230 12.915 15J36 8. Debt•rs Ye4Tendrd YeaTeThJed JI D￿rnbtr 31 fknnber Trad¢ drbty Othtrdebtot¥ 12. 16JIKI 3.985 84.616 24,861 724 14J32 215 11.499 93.782 37.751 23.394 AmouThts recowcrable on cuntrJcts Pr¢paymen¢$ ard Orher tsx 152,754 207258 Tr above amowits aTr thbE within one)wof the hL•neesla d*. 20

JE Note5 lo the A lJll¢ for Iht 9. Credi¢ors: aJ••xDts f•Ui48 du¢ yur Ytor cftd Ycar cndcd 2021 2020 Bank overdraft5 Paytn¢nt5 on aCCOullt Trade creditors SLKi31 s¢currty othertsxe5 A¢¢Tuals and deferr¢d income Oih#uediioTS 1,177 19J04 22570 33.344 2.970 42,332 48.666 37,613 30.948 4.086 79J65 163.645 10. L•se￿mmIl￿tfitS Yearended Year ende41 31 December 31 December 2021 2020 OpcMiThg lea5¢5 in rEspe¢l or1￿￿j aThJ t￿1￿1 Ajmunts payabk within oncyearin rry¢w of l¢ws ¢xpiwiry'. Within one year B¢fftett and fJv¢years Ovtr fiv¢y¢8ts 108.631 85,(KX) 22,067 111107 l J. TrA#￿¢tIoNS ¢o•ternioE dir¢¢tors l)unn8 thr pth(xl cts￿r¢d by th¢4¢coun￿ the ¢(rtbyny r¢ttivtsl suviees on normol trnding terms from A1150p Bu5inw ScwvKe5 ID wbirh Mr R L Allsop h￿3 an itsltsEsl. al * C4)si of £24.440 {Year eThded 31 Dec¢mbEV 2020.. £29,991). Th¢JM0￿￿1 of outstMin8b¥]anE¢ al the year￿d was É1380 {Yearended 31 December2020 É1.440). 12. C¥ll¢d yp ¥hare r4Pital The cornpany is limittd by 8uaT*tee withwt shart capithl. EV￿ ￿ndertak￿ to ¢offlribtste io the asseis orth¢ con4>Mny, in theev¢Ri of il iYin¥ up. amuuni ￿ may ￿ rt4uiwJ, oi ¢xcteding £10. 21

IENCE PROJE Notes to the accounts for tkt r ended JI December 2021 13. U•rtstrirted and dtSigD*ted funds Tor8] tksigrbated Unr¢sty¢trd Unrc5tric nds fund fund Balantts broughi forward t l January 2021 1.424.417 1.424,417 (Deficiiysurplusl in the year (233.3031 {233.303) Balances carried forward at 31 December 2021 14. Restricted fuwds Balance Movemeni tn resource5 l Janu oirj BaJanc¢ 31 Dccem 2021 Thc A550ciation for Sci¢n¢¢ Dis¢overy Centr¢s Easi Su55ex County Council The ROY￿ Astronomical Socicry The Scienc¢ and Technologies Facililies Council Wealden Distrith Council .985 700 600 17.431 8.985 71M) 17.431 31.216 31.216 All of ih¢ obove grants were in re5peci of 5UPPOrt for the Science centre covcring rcpair5 rcfurbL5hmEnL support for educational prograrnTlleS and coniributions iowards Tunning ro$