BESCIENCE STEM C.I.C.

Company limited by guarantee

Company Registration Number:
10495265 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

BESCIENCE STEM C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

BESCIENCE STEM C.I.C.

Directors' report period ended 30 November 2024

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

Principal activities of the company

Other business support service activities not elsewhere classified.

Additional information

Statement of directors' responsibilities The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period. In preparing these financial statements, the directors are required to : select suitable accounting policies and then apply them consistently make judgements and accounting estimates that are reasonable and prudent state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.



Directors

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

Jessica Adaku OKORO
Lilian AHAIWE


The director shown below has held office during the period of
6 December 2023 to 30 November 2024

Louise MUSUMBU


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
13 February 2025

And signed on behalf of the board by:
Name: Jessica Adaku OKORO
Status: Director

BESCIENCE STEM C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 12,215 5,008
Gross profit(or loss): 12,215 5,008
Administrative expenses: ( 12,777 ) ( 2,865 )
Operating profit(or loss): (562) 2,143
Profit(or loss) before tax: (562) 2,143
Tax: ( 407 )
Profit(or loss) for the financial year: (562) 1,736

BESCIENCE STEM C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 2,068 3,037
Total current assets: 2,068 3,037
Creditors: amounts falling due within one year: 3 ( 407 )
Net current assets (liabilities): 2,068 2,630
Total assets less current liabilities: 2,068 2,630
Total net assets (liabilities): 2,068 2,630
Members' funds
Profit and loss account: 2,068 2,630
Total members' funds: 2,068 2,630

The notes form part of these financial statements

BESCIENCE STEM C.I.C.

Balance sheet statements

For the year ending 30 November 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 13 February 2025
and signed on behalf of the board by:

Name: Jessica Adaku OKORO
Status: Director

The notes form part of these financial statements

BESCIENCE STEM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Other accounting policies

    Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Taxation Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted

BESCIENCE STEM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

BESCIENCE STEM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Taxation and social security 407
Total   407

COMMUNITY INTEREST ANNUAL REPORT

BESCIENCE STEM C.I.C.

Company Number: 10495265 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Over the past year, the company has continued its mission of making STEM education more accessible and engaging, particularly for young people. One of their key initiatives is the ''#1MillintoSTEM'' campaign, which aims to expose one million young people to STEM careers by 2026. They have organised several STEM workshops, hackathons, and community engagement programs that provide hands-on learning experiences. These programs focus on closing the information gap for young people from underrepresented communities, giving them exposure to STEM leaders and career opportunities.

Consultation with stakeholders

No consultation with stakeholders

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
13 February 2025

And signed on behalf of the board by:
Name: Jessica Adaku OKORO
Status: Director