for the Period Ended 30 September 2025
| Directors report | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 September 2025
Directors
The directors shown below have held office during the whole of the period from
1 October 2024
to
30 September 2025
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
And signed on behalf of the board by:
Name:
Status: Director
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
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( |
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| Total net assets (liabilities): |
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( |
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| Members' funds | |||
| Profit and loss account: |
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( |
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| Total members' funds: |
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( |
The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 September 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 September 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 October 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 September 2025 |
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| Depreciation | ||||||
| At 1 October 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 September 2025 |
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| Net book value | ||||||
| At 30 September 2025 |
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| At 30 September 2024 |
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for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 30 September 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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A major focus of the year was increasing access to educational and cultural experiences for communities that may face barriers to visiting traditional museums and learning centres. Discovering42 successfully delivered its Mobile Exhibition programme, taking interactive science and sustainability exhibits directly into communities throughout Cornwall. The exhibition visited village halls, community venues, schools, and events, enabling people of all ages to engage with hands-on learning opportunities within their own local areas. The organisation also designed and launched a mobile chemistry trailer, creating a unique travelling science engagement resource. This enabled Discovering42 to deliver practical science activities and demonstrations in locations across Cornwall, reaching new audiences and bringing engaging science experiences to communities that may otherwise have limited access to such opportunities. During the summer, Discovering42 further expanded its community engagement by installing a large marquee in Priory Park. This significantly increased capacity, allowing more visitors to access the Mobile Exhibition and participate in activities. The additional space also enabled the expansion of the popular Chemistry Mocktail Bar experience, where visitors explored scientific concepts through engaging, hands-on chemistry activities in a fun and accessible environment. Alongside these outreach activities, Discovering42 continued to provide workshops, educational events, and community engagement programmes that encouraged creativity, problem-solving, environmental awareness, and practical skills development. Participants were given opportunities to explore science, engineering, sustainability, and making through interactive and accessible activities. A significant milestone during the year was the securing a lease of a new, larger venue for Discovering42 in October 2025. The building had previously been unused and required substantial refurbishment and redevelopment. Work commenced immediately to transform the property into a vibrant community resource that will provide increased capacity for exhibitions, workshops, educational programmes, community activities, and future makerspace facilities. This development represents a major investment in the long-term sustainability and community impact of the organisation. The company's activities during the year benefited the community by increasing access to informal education, particularly in rural and underserved areas, providing engaging learning opportunities for people of all ages, supporting skills development, encouraging environmental awareness, and fostering curiosity and confidence. Through its outreach programmes, mobile learning initiatives, and investment in new community infrastructure, Discovering42 continued to contribute positively to education, community wellbeing, social inclusion, and lifelong learning throughout Cornwall.
The company's stakeholders include visitors, workshop participants, children and young people, parents and carers, schools, community groups, volunteers, artists, local organisations, funders, advisory board members, and the wider communities served by the Mobile Exhibition and outreach programmes. Stakeholder consultation took place throughout the year through a combination of visitor feedback, workshop evaluations, informal discussions, meetings with schools and community organisations, advisory board meetings, volunteer feedback, and engagement with participants during outreach events and activities. Feedback from schools, who were struggling to cover the rising costs of hiring a coach, highlighted the importance of making science and sustainability activities accessible to people who may be unable to visit the main museum venue. In response, Discovering42 expanded its Mobile Exhibition programme, visiting additional village halls, schools, and community venues across Cornwall. Feedback also demonstrated strong demand for hands-on science activities, leading to the development and deployment of the mobile chemistry trailer and the expansion of the Chemistry Mocktail Bar experience. Consultation with schools, families, and community partners reinforced the need for larger and more flexible learning spaces to accommodate growing demand for workshops and community activities. This feedback contributed to the decision to secure a larger premises and begin its redevelopment into a dedicated community resource with increased capacity for exhibitions, workshops, learning programmes, and future makerspace facilities. Feedback has continued to inform the company's activities, ensuring they remain relevant, inclusive, and responsive to community needs.
The directors' aggregate remuneration in respect of qualifying services were 2025 - £58,478 (2024- £40,388)
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 June 2026
And signed on behalf of the board by:
Name: Roy Edwards Jones
Status: Director