THE NORTHERN SPACE CONSORTIUM CIC

Company Registration Number:
10157273 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

THE NORTHERN SPACE CONSORTIUM CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE NORTHERN SPACE CONSORTIUM CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The Northern Space Consortium exists to try and foster business activities from the space sector in the North West of England and North Wales.

Political and charitable donations

No political or charitable donations were made.

Company policy on disabled employees

The company policy is to employ disabled people wherever practical. There are no disabled people employed by the organisation



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Christopher Atherton
Robert Morris
William Chambers


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
25 January 2025

And signed on behalf of the board by:
Name: Christopher Atherton
Status: Director

THE NORTHERN SPACE CONSORTIUM CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Administrative expenses: ( 761 ) ( 54 )
Operating profit(or loss): (761) (54)
Profit(or loss) before tax: (761) (54)
Profit(or loss) for the financial year: (761) (54)

THE NORTHERN SPACE CONSORTIUM CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 7,916 8,678
Total current assets: 7,916 8,678
Creditors: amounts falling due within one year: 3 ( 762 )
Net current assets (liabilities): 7,154 8,678
Total assets less current liabilities: 7,154 8,678
Creditors: amounts falling due after more than one year: 4 ( 54 )
Total net assets (liabilities): 7,154 8,624
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 7,152 8,622
Total Shareholders' funds: 7,154 8,624

The notes form part of these financial statements

THE NORTHERN SPACE CONSORTIUM CIC

Balance sheet statements

For the year ending 30 April 2024 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.

This report was approved by the board of directors on 25 January 2025
and signed on behalf of the board by:

Name: Christopher Atherton
Status: Director

The notes form part of these financial statements

THE NORTHERN SPACE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE NORTHERN SPACE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE NORTHERN SPACE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024
£
Bank loans and overdrafts 1
Taxation and social security 178
Other creditors 583
Total 762

THE NORTHERN SPACE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

  2023
  £
Other creditors 54
Total   54

COMMUNITY INTEREST ANNUAL REPORT

THE NORTHERN SPACE CONSORTIUM CIC

Company Number: 10157273 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company continues to make strides with building a community dedicated to growing the space industry in the North of England and North Wales. A number of events were attended in support of the North West Space Cluster. Further work was also done in building relations with University research groups who will later work in the space industry.

Consultation with stakeholders

The NSC has consulted with a range of organisations in the North West of England and North Wales following the launch of the North West Space Cluster. This was through a series of individual dialogue meetings, as well as cluster meetings. The types of organisalions consulted with were STFC, Sci-Tech Daresbury, the UK Space Agency, The Manufacturing Technology Centre (Liverpool), Airbus, UCLAN, OpTIC centre, and Square Kilometer Array (SKO).

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 January 2025

And signed on behalf of the board by:
Name: Christopher Atherton
Status: Director