MUSEUM DETOX CIC

Company limited by guarantee

Company Registration Number:
13927995 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

MUSEUM DETOX CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MUSEUM DETOX CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 293 7,268
Cost of sales: 0 0
Gross profit(or loss): 293 7,268
Administrative expenses: ( 1,037 ) ( 2,011 )
Other operating income: 2,010
Operating profit(or loss): 1,266 5,257
Profit(or loss) before tax: 1,266 5,257
Profit(or loss) for the financial year: 1,266 5,257

MUSEUM DETOX CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 5,524 5,257
Total current assets: 5,524 5,257
Creditors: amounts falling due within one year: 3 0 ( 999 )
Net current assets (liabilities): 5,524 4,258
Total assets less current liabilities: 5,524 4,258
Total net assets (liabilities): 5,524 4,258
Members' funds
Profit and loss account: 5,524 4,258
Total members' funds: 5,524 4,258

The notes form part of these financial statements

MUSEUM DETOX CIC

Balance sheet statements

For the year ending 28 February 2024 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.

This report was approved by the board of directors on 7 November 2024
and signed on behalf of the board by:

Name: Kofi Mensah Tandoh
Status: Director

The notes form part of these financial statements

MUSEUM DETOX CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

MUSEUM DETOX CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

MUSEUM DETOX CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 0 999
Total 0 999

COMMUNITY INTEREST ANNUAL REPORT

MUSEUM DETOX CIC

Company Number: 13927995 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

Museum Detox was incorporated as a CIC in February 2022. Museum Detox is a network for people of colour who work in museums, galleries, libraries and the heritage sector in the UK. Our main purpose is to empower and support our members. Between February 2023 and February 2024, Museum Detox CIC has continued to support and provide benefits to its members, while adjusting to being a CIC. Our activities have included: -Seven meetups in person, allowing our members to connect, share ideas and advice -Continued use of the Museum Detox Google group, again allowing our members to connect, support one another, share opportunities and collectively advocate on issues affecting our membership -We were engaged by the Association of Independent Museums as Consultants for the Anti-Racist Wales Re: Collections project, and partnered with Pontypridd Museum to develop their anti-racist expertise. -We have participated in the Museum Associations Anti-Racism Steering Group and Roundtable discussions enabling us to advocate on behalf of our members. -We’ve published two blogs on ur website to support our members.

Consultation with stakeholders

We conducted an annual members survey in October 2023 with the view to do so every two years. The results show that our members continue to value Museum Detox CIC as a network. An online AGM was held with Members in November 2023, to review our first year as a CIC, and to discuss the recent survey results and future priorities.

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
7 November 2024

And signed on behalf of the board by:
Name: Kofi Mensah Tandoh
Status: Director