TRAVEL THINGS MUSEUM CIC

Company limited by guarantee

Company Registration Number:
12417591 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

TRAVEL THINGS MUSEUM CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TRAVEL THINGS MUSEUM CIC

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 657 477
Total current assets: 657 477
Creditors: amounts falling due within one year: 3 ( 3,440 ) ( 12,590 )
Net current assets (liabilities): (2,783) (12,113)
Total assets less current liabilities: (2,783) ( 12,113)
Accruals and deferred income: ( 375 ) ( 375 )
Total net assets (liabilities): (3,158) (12,488)
Members' funds
Profit and loss account: (3,158) ( 12,488)
Total members' funds: ( 3,158) (12,488)

The notes form part of these financial statements

TRAVEL THINGS MUSEUM CIC

Balance sheet statements

For the year ending 31 January 2023 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.

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 12 October 2023
and signed on behalf of the board by:

Name: H Tsai
Status: Director

The notes form part of these financial statements

TRAVEL THINGS MUSEUM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

TRAVEL THINGS MUSEUM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

TRAVEL THINGS MUSEUM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 3,440 12,590
Total 3,440 12,590

COMMUNITY INTEREST ANNUAL REPORT

TRAVEL THINGS MUSEUM CIC

Company Number: 12417591 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

This year, our company has been dedicated to curating and showcasing everyday objects from diverse cultural backgrounds. We have sourced unique items from Japan, Taiwan, Italy, France, Lithuania, and Latvia, presenting a rich tapestry of global design and culture. Our commitment to celebrating design diversity led us to participate in the London Design Festival 2023, where we opened our doors to visitors and international guests from all corners of the world.Key Highlights:Visitor Engagement:We are thrilled to report that we welcomed over 2,000 visitors to our exhibition during the London Design Festival 2023. Their enthusiastic response and active participation have been overwhelming.Reviews:We received 98 outstanding reviews from our visitors, commending our efforts in curating and showcasing everyday objects from various countries. These positive reviews have greatly encouraged us to continue our mission of promoting cultural diversity through design.World Curiosity Quiz Game:As part of our engagement efforts, we organized a world curiosity quiz game, which attracted the participation of 117 individuals. This initiative helped us engage with our audience on a deeper level and promote cross-cultural understanding.Financial Performance:Our museum concept store has generated a total revenue of £522, showcasing the growing interest in our curated items.Additionally, our talk event ticket sales have generated £81, further contributing to our financial stability.Future Collaborations:After the successful public exhibition, we are excited to announce our collaboration with the esteemed University Birkbeck Museology professor about Popup museum in their academic research. This partnership will enable us to expand our exhibition and engage in more in-depth research and exploration of the objects we curate.Furthermore, we are in the early stages of discussions with Kingston University MA Product and Furniture Design program to integrate our exhibition into their course study, creating a valuable learning experience for future design professionals.In conclusion, we are proud of our achievements in 2023, particularly our successful participation in the London Design Festival and the positive reception we received from visitors and reviewers alike. We are committed to continuing our mission of promoting cultural diversity through design and look forward to new partnerships and initiatives in the coming year.

Consultation with stakeholders

While our company may not have traditional stakeholders in the typical sense, we recognize the importance of engaging with relevant parties who have an interest or influence in our operations. As part of our commitment to transparency and continuous improvement, we have taken steps to consult with and consider feedback from various groups and individuals.New Board Director Eloise Morgan: One significant development this year has been the appointment of a new Board Director. This individual brings a wealth of experience and insights to our company, and their input is a valuable resource in shaping our strategic decisions.Community Engagement: We also engage with our local community by participating in events, supporting charitable initiatives, and listening to concerns from residents and local businesses. This helps us maintain positive relationships and address any concerns that may arise.

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
12 October 2023

And signed on behalf of the board by:
Name: H Tsai
Status: Director