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REGISTERED COMPANY NUMBER: 12776570 (England and Wales)
REGISTERED CHARITY NUMBER: 1192444
























REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Balance Sheet 4 to 5

Notes to the Financial Statements 6 to 9

NATIONAL FILM AND SCI-FI MUSEUM LIMITED (REGISTERED NUMBER: 12776570)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JANUARY 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objectives are to establish and maintain a museum for the education of film and sci-fi and for the restoration and protection of film related artefact for the benefit of the public.

Significant activities
The charity had commenced the setting up of The National Film and Sci-Fi Museum in Milton Keynes at the year end. Since the year end the museum has opened to the public.

Public benefit
The trustees have given regard to the Charity Commission's guidance on public benefit when setting the aims and objectives for the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
12776570 (England and Wales)

Registered Charity number
1192444

Registered office
Ground Floor, Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

Trustees
J V Joiner Director
P R Jones Director
M F Freeman Director
Ms A M Rodger Director (resigned 30.8.24)
Ms A M Swinsco Company Director
Mrs Z R Finch (appointed 1.9.24)

Approved by order of the board of trustees on 31 October 2024 and signed on its behalf by:




NATIONAL FILM AND SCI-FI MUSEUM LIMITED (REGISTERED NUMBER: 12776570)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JANUARY 2024




P R Jones - Trustee

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 JANUARY 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,739 2,917

EXPENDITURE ON
Raising funds 2 1,998 896


NET INCOME 741 2,021


RECONCILIATION OF FUNDS
Total funds brought forward 7,653 8,132

TOTAL FUNDS CARRIED FORWARD 8,394 10,153

NATIONAL FILM AND SCI-FI MUSEUM LIMITED (REGISTERED NUMBER: 12776570)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Investments 5 100 100

CURRENT ASSETS
Debtors 6 1,016 632
Prepayments and accrued income - 2,500
Cash at bank 7,389 8,520
8,405 11,652

CREDITORS
Amounts falling due within one year 7 (111 ) (1,599 )

NET CURRENT ASSETS 8,294 10,053

TOTAL ASSETS LESS CURRENT LIABILITIES 8,394 10,153

NET ASSETS 8,394 10,153
FUNDS 8
Unrestricted funds 8,394 10,153
TOTAL FUNDS 8,394 10,153

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.


NATIONAL FILM AND SCI-FI MUSEUM LIMITED (REGISTERED NUMBER: 12776570)

BALANCE SHEET - continued
31 JANUARY 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2024 and were signed on its behalf by:





P R Jones - Trustee

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', 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, with the exception of investments which are included at market value.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. RAISING FUNDS

Investment management costs
2024 2023
£    £   
Interest payable and similar charges 3 35


NATIONAL FILM AND SCI-FI MUSEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2024 nor for the year ended 31 January 2023.


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,917

EXPENDITURE ON
Raising funds 896


NET INCOME 2,021


RECONCILIATION OF FUNDS
Total funds brought forward 8,132

TOTAL FUNDS CARRIED FORWARD 10,153

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
MARKET VALUE
At 1 February 2023 and 31 January 2024 100
NET BOOK VALUE
At 31 January 2024 100
At 31 January 2023 100

There were no investment assets outside the UK.


NATIONAL FILM AND SCI-FI MUSEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 1,016 632

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11 1,499
Other creditors 100 100
111 1,599

8. MOVEMENT IN FUNDS
Net
movement At
At 1.2.23 in funds 31.1.24
£    £    £   
Unrestricted funds
General fund 7,653 741 8,394

TOTAL FUNDS 7,653 741 8,394

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 2,739 (1,998 ) 741

TOTAL FUNDS 2,739 (1,998 ) 741


Comparatives for movement in funds

Net
movement At
At 1.2.22 in funds 31.1.23
£    £    £   
Unrestricted funds
General fund 8,132 2,021 10,153

TOTAL FUNDS 8,132 2,021 10,153

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 2,917 (896 ) 2,021

TOTAL FUNDS 2,917 (896 ) 2,021

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.2.22 in funds 31.1.24
£    £    £   
Unrestricted funds
General fund 8,132 2,762 10,894

TOTAL FUNDS 8,132 2,762 10,894

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 5,656 (2,894 ) 2,762

TOTAL FUNDS 5,656 (2,894 ) 2,762

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2024.