2023-12-31-accounts

Contents	Page
Legal and Administrative Information	3
Report Of the Trustees	4-10
Report of the Independent Auditor	11-13
Statement ofFinancial Activities	14
Balance Sheet	15
Statement ofCash Flows	16
Notes forming part of the financial statements	17-23

Charity number:	298542
Company number:	2186073
Registered Office and
principal operational
address:	Unit I, Warren	Street, Steventon, Basingstoke, RG25 3BL
Directorsand trustees
Trustees:	R L Allsop
	Dr J Bean	(resigned 16th October 2023)
	H Featherstone
	S Pizzey
	A Rumbold	(resigned 22nd August 2023)
	Dr S Wilkins
Chief Executive Officer:	A Rumbold	(Interim)
Secretary :	R L Allsop

	Notes	Unrestricted	Restricted	Total funds	Total funds
		Funds	Funds	Year ended	Year ended
				31 December	31 December
				2023	2022
Income and expenditure
Incomingresources
Grants received	14	125,000	53,061	178,061	11,089
Exhibit manufacture		378,299		378,299	563,622
Science Centre and Exhibition Hire		603,860		603,860	508,596
Other		293		293
SSP Rebate					764
Interest on deposits		6,525		6,525	796
Surrender of lease		50,000		50,000
Total incoming resources		1,163,977	53,061	1,217,038	1,091,347
Resources expended
Direct charitable expenditure	2, 14	1,160,234	14
Fund-raising and publicity	3	2,857		2,857	1,841
Govemance costs	4	126,354		126,354	132,958
Total resources expended	5	1,289,445	48,114	1,337,559	1,339,610
Net movement in funds		(125,468)	4,947	(120,521)	(248,263)
Balances brought forward		942,851		942,851	14
at I January 2023
Balances carried forward
at 31 December 2023		817,383	4,947	822,330	942,851

			Year ended		Year ended
			31 December		3 1 December
	Notes		2023		2022
FIXED ASSETS	6		67,899		3,583
CURRENT ASSETS
Stock and work in progress	7	20,891		16,281
Debtors	8	103,824		159,928
Cash at bank and in hand		726,089		847,593
		850,804		1,023,802
CREDITORS
Amounts falling due
within one year	9	(96,373)		(84,534)
NET CURRENT ASSETS			754,43 1		939,268
Total assets less current liabilities			822,330		942,851
CREDITORS: Amounts falling due
after more than one year	10
			822,330		942,851
NET ASSETS
FUNDS
Unrestrictedincome funds
General funds	13	817,383		942,851
Designated funds	13
Total unrestricted funds			817,383		942,851
Restricted funds	14		4,947
TOTAL FUNDS			822,330		942,851

		Note	Year ended	Year ended
			3 1 December	31 December
			2023	2022
Cash flows from operating activities:
Net cash generated from operating activities			(59.658)	(238.037)
Cash flows from investing activities:
Interestfrom investments			6,525	796
Purchase of plant and equipment			(68,371)	(2,270)
Net cash used in investing activities			(61$46)	(1.474)
Increase/(decrease) in cash and cash equivalents	in the year		(121,504)	(239,511)
Cash and cash equivalents at the beginning of the year			847 ,593	1,087,104
Cash and cash equivalents at the end of theyear		2	726 089	847 593
Notes to the cash flow statement

I	Reconciliation of the net	Reconciliation of the net	income to net cash flow generated from
	operating activities			Year ended	Year ended
				3 1 December	31 December
				2023	2022
	Net income for the	year		(120,521)	(248,263)
	Adjustments for:
	Depreciation charges			4,055	16,393
	Interestfrom investments			(6,525)	(796)
	Decrease/(lncrease)	in stocks		(4,610)	(3,366)
	Decrease/(lncrease)	in debtors		56,104	(7,174)
	Increase/(Decrease)	in creditors		11 839	5 169
	Net cash providedby operating activities			(59,658)	(238.037)
2	Analysis of cash and cash equivalents
				Year ended	Year ended
				31 December	31 December
				2023	2022
	Cash in hand			51,175	179,310
	Notice deposits (less	than	3 months)	674914	668 283
	Total cash and cash equivalents			726 089	847 593

Leasehold buildings
Exhibition tent and flooring	25%
Exhibits	20%
Other equipment	10-50%
Motorvehicles	25%

2. Direct charitable expenditure
	Unrestricted	Restricted	Total funds	Total funds
			Year ended	Year ended
			31 December	31 December
	Funds	Funds	2023	2022
Provision of educational services
Exhibit manufacture	580,262		580,262	671,130
Science centre and exhibition hire	578,967	48,114	627,081	530,942
ScienceWorks	I ,005		1,005	2,739
	1,160,234	48,114	1,208,348	1,204,811
3. Fund-raising and publicity
Fund-raising
Publicity	2,857		2,857	1,841
	2,857		2,857	1,841
4. Governance costs
Salaries andoffice costs	64,017		017	102,644
Legal and professional fees	51,837		51,837	19,814
Audit fees	10,500		10,500	10,500
	126,354		126,354	132,958

5. Total resources expended
				Year ended	Year ended
				31 December	31 December
	Staffcosts Depreciation		Other costs	Total 2023	Total 2022
Educational services	677,008	4,055	527,285
Fund-raising and publicity			2,857	2,857	1,841
Governance costs	64,017		62,337	126,354	132,958
	741.025	4 055	592 479	1 337 559	1 339 610
				Year ended	Year ended
				31 December	31 December
				2023	2022
Staffcosts
Wages and salaries				674,961	706,585
Social security costs				55,394	63,399
Employers pension contributions				10,670	12,025
				741 ,025	782,009
Other costs
Premises				172,093	160,572
Materials				94,616	170,859
Miscellaneous				325,770	209,777
				592,479	541,208
				Year ended	Year ended
				31 December	31 December
				2023	2022
The averagenumber of employees, analysed by function was:
Educational services				32	33
Management and administration ofthe charity				3	4
				35	37

				Year ended	Year ended
			31	December	31 December
				2023	2022
				No	No
€60,000	-	€70,000		2
	-	180,000

6. Tangiblefixed assets
	Exhibition
	building
	tent and		Motor
	flooring	Exhibits	vehicles	Equipment	Total
Cost
At I January 2023	109,333	1,248,129	28,562	601,059	1,987,083
Expenditure in the year				68,371	68,371
Disposals
At 31 December 2023	109,333	1,248,129	28,562	669,430	2,055,454
Depreciation
At I January 2023	109,333	1,248,129	28,562	597,476	1,983,500
Charge for the year				4,055	4,055
Disposals
At 31 December 2023	109,333	1,248,129	28,562	601,531	1,987,555
Net book value
At 31 December 2023				67,899	67,899
Net book value
At 31 December 2022				3,583	3,583

7. Stock and work in progress
	Year ended	Year ended
	31 December	31 December
	2023	2022
Stock	20,724	16,281
Work in progress	167
	20,891	16,281
8. Debtors
	Year ended	Year ended
	31 December	31 December
	2023	2022
Trade debtors	3,935	32,274
Other debtors	23,688	26,500
Retentions
Amounts recoverable on contracts	40,644	81,019
Prepayments and accrued income	35,303	19,401
Other taxes	254	734
	103,824	159,928

9. Creditors: amounts falling due within one	year
	Year ended	Year ended
	31 December	31 December
	2023	2022
Bank overdrafts	5,322	77
Payments on account	24,647	1,890
Trade creditors	12,403	15,486
Social security and other taxes	23,442	41,614
Accruals and deferredincome	27,947	23,124
Other creditors	2,612	2,343
	96,373	84,534

IO. Lease commitments
	Year ended	Year ended
	31 December	31 December
	2023	2022
The totalof future lease payments under non-cancellable
operating leases for each of the following periods:
Within one year	82,862	62,638
Between two and five years	259,016	26,940
Over five years
	341,878	89,578

13. Unrestricted and designated funds
		Other	Total
	Designated	Unrestricted	Unrestricted
		funds	funds
Balances brought forward
at 1 January 2023		942,851	942,851
(Deficit)/Surplus/ in the year		(125,468)	(125,468)
Balances carried forward
at 31 December 2023		817,383	817,383

14.	Restricted funds
		Balance	Movement	in resources	Balance
		I January	Incoming	Outgoing	31 December
		2023			2023
The	Association for Science and Discovery Centres		6,061	2,419	3,642
The	Wolfson Foundation		47,000	45,695	1,305
			53,061	48, 1 14	4,947