SCIENCE PROJECTS
Financial health, per its FY2024 accounts
The charity reported a net deficit of £95,422 for the year, resulting in a decrease in unrestricted reserves to £726,908. Despite the deficit, the trustees and auditors confirmed the charity has adequate resources to continue as a going concern with no material uncertainties identified. The charity maintains a reserves policy to support ongoing operations and provide resilience against fluctuations in contracting activity.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Stephen Wilkins
- James Timothy Huard
- Ruth Mary Murray
- STEPHEN PIZZEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.3m | £1.4m |
| 31/12/2023 | £1.2m | £1.3m |
| 31/12/2022 | £1.1m | £1.3m |
| 31/12/2021 | £1.1m | £1.4m |
| 31/12/2020 | £1.7m | £1.7m |
Common questions
Is SCIENCE PROJECTS financially healthy?
The charity reported a net deficit of £95,422 for the year, resulting in a decrease in unrestricted reserves to £726,908. Despite the deficit, the trustees and auditors confirmed the charity has adequate resources to continue as a going concern with no material uncertainties identified. The charity maintains a reserves policy to support ongoing operations and provide resilience against fluctuations in contracting activity. Its FY2024 accounts were audited by Alpha Accountants (London) Ltd.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 24/10/2000 | £816k | "Hertsmonceux Observatory Buildings & Telescopes Conservation" |