NORTH WALES SCIENCE

Company limited by guarantee

Company Registration Number:
04657911 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

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Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

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Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal activities of the company

Provision of a Science Discovery Centre



Directors

The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023

Mr Jasbir Singh Dhesi
Mrs Lynda Powell
Mrs Leah Maltby
Dr Neil Pickles
Mr Nigel Jones


The director shown below has held office during the period of
8 November 2022 to 31 July 2023

Mr Nigel Williams


The director shown below has held office during the period of
1 September 2022 to 31 July 2023

Mr Liam Wynne


Secretary Mr David Elcock

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 November 2023

And signed on behalf of the board by:
Name: Mr Jasbir Singh Dhesi
Status: Director

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Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,230,617 2,330,532
Total fixed assets: 2,230,617 2,330,532
Current assets
Stocks: 4 18,010 24,568
Debtors: 5 139,821 75,597
Cash at bank and in hand: 145,265 274,142
Total current assets: 303,096 374,307
Creditors: amounts falling due within one year: 6 ( 413,659 ) ( 942,744 )
Net current assets (liabilities): (110,563) (568,437)
Total assets less current liabilities: 2,120,054 1,762,095
Creditors: amounts falling due after more than one year: 7 ( 1,704,218 ) ( 1,794,896 )
Total net assets (liabilities): 415,836 (32,801)
Members' funds
Profit and loss account: 415,836 ( 32,801)
Total members' funds: 415,836 (32,801)

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 November 2023
and signed on behalf of the board by:

Name: Mr Jasbir Singh Dhesi
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    The cost of tangible fixed assets is depreciated on a straight line basis over its remaining useful economic life Buildings 50yearsEquipment 5 years

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Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 16 11

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Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 2,237,862 320,589 2,558,451
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 2,237,862 320,589 2,558,451
Depreciation
At 1 August 2022 81,997 145,922 227,919
Charge for year 44,757 55,158 99,915
On disposals
Other adjustments
At 31 July 2023 126,754 201,080 327,834
Net book value
At 31 July 2023 2,111,108 119,509 2,230,617
At 31 July 2022 2,155,865 174,667 2,330,532

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Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 18,010 24,568
Total 18,010 24,568

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Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors

2023 2022
£ £
Trade debtors 106,232 72,470
Prepayments and accrued income 7,598 1,945
Other debtors 25,991 1,182
Total 139,821 75,597

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Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 26,914 16,221
Taxation and social security 12,682 16,893
Accruals and deferred income 116,614 149,896
Other creditors 257,449 759,734
Total 413,659 942,744

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Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 1,704,218 1,794,896
Total 1,704,218 1,794,896