Company No: 04049507 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	4	733		0
Cash at bank and in hand		68,481		68,793
		69,214		68,793
Creditors: amounts falling due within one year	5	( 3,292)		( 3,552)
Net current assets		65,922		65,241
Total assets less current liabilities		65,922		65,241
Net assets		65,922		65,241
Reserves
Profit and loss account		65,922		65,241
Total reserves		65,922		65,241

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of European Association of Science Editors (registered number: 04049507) were approved and authorised for issue by the Board of Directors on 16 June 2026. They were signed on its behalf by:

Duncan Nicholas Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

European Association of Science Editors (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 12 South Lodge, 142 Nelson Road, Whitton,, Twickenham, London, TW2 7BX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances,

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership have been transferred to the buyer. This is usually the point that the customer has signed for the delivery of the goods.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Office equipment

100 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		2

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 January 2025	0		0
Additions	1,583		1,583
At 31 December 2025	1,583		1,583
Accumulated depreciation
At 01 January 2025	0		0
Charge for the financial year	1,583		1,583
At 31 December 2025	1,583		1,583
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Debtors

	2025		2024
	£		£
Trade debtors	733		0

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	811		0
Taxation and social security	981		427
Other creditors	1,500		3,125
	3,292		3,552

6. Limited by Guarantee

European Association of Science Editors is a private company, limited by guaratee, incorporated in England and Wales, registered number 04049507. The registered office is 12 South Lodge, 142 Nelson Road, Whitton, Twickenham, London, England, TW2 7BX.

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.