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REGISTERED NUMBER: 02802185 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2018

for

Stowmarket Museum Trading Company Ltd

Stowmarket Museum Trading Company Ltd (Registered number: 02802185)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stowmarket Museum Trading Company Ltd

Company Information
for the Year Ended 31 March 2018







DIRECTORS: A V W Bone
G A Horn
M R Pitcher





SECRETARY: M R Pitcher





REGISTERED OFFICE: Crowe Street
Stowmarket
Suffolk
IP14 1DL





REGISTERED NUMBER: 02802185 (England and Wales)





ACCOUNTANTS: GMS Francis Clarks Limited
1 London Road
Ipswich
Suffolk
IP1 2HA

Stowmarket Museum Trading Company Ltd (Registered number: 02802185)

Balance Sheet
31 March 2018

31.3.17 31.3.18
£    £    Notes £    £   
FIXED ASSETS
291 Tangible assets 3 247

CURRENT ASSETS
5,804 Debtors 4 -
9,822 Cash at bank and in hand 21,657
15,626 21,657
CREDITORS
14,808 Amounts falling due within one year 5 25,669
818 NET CURRENT (LIABILITIES)/ASSETS (4,012 )
1,109 TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,765

)

CAPITAL AND RESERVES
100 Called up share capital 100
1,009 Retained earnings (3,865 )
1,109 SHAREHOLDERS' FUNDS (3,765 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act
2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394
and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 29 September 2018 and were signed on its behalf by:



G A Horn - Director


Stowmarket Museum Trading Company Ltd (Registered number: 02802185)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Stowmarket Museum Trading Company Ltd is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company Information
page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Stowmarket Museum Trading Company Ltd (Registered number: 02802185)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017
and 31 March 2018 3,503
DEPRECIATION
At 1 April 2017 3,212
Charge for year 44
At 31 March 2018 3,256
NET BOOK VALUE
At 31 March 2018 247
At 31 March 2017 291

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors - 5,804

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 424 26
Amounts owed to group undertakings 17,337 8,204
Taxation and social security 448 517
Other creditors 7,460 6,061
25,669 14,808

6. ULTIMATE CONTROLLING PARTY

The controlling party is Museum of East Anglian Life.

The ultimate controlling party is The Trustees of the Museum of EastAnglian Life..