Turnover 2020
£’000’s
2019
£’000’s
Innovate UK core revenue grant funding 12,401 12,620
Collaborative research and development and other grant income 3,020 4,045
Commercial income 2,995 2,279
  18,416 18,945
Consolidated balance sheet 2020
£’000’s
2019
£’000’s
Fixed assets 3,723 5,096
Net current assets 3,690 2,979
Creditors amounts falling due greater than one year 6,684 7,729
Net assets 729 345
Capital and reserves 729 345

* Draft accounts.