MUSEUM OF YOUTH CULTURE C.I.C.

Company limited by guarantee

Company Registration Number:
09680751 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

MUSEUM OF YOUTH CULTURE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

MUSEUM OF YOUTH CULTURE C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 371,023 292,096
Cost of sales: ( 57,962 ) ( 52,206 )
Gross profit(or loss): 313,061 239,890
Administrative expenses: ( 285,893 ) ( 228,253 )
Operating profit(or loss): 27,168 11,637
Profit(or loss) before tax: 27,168 11,637
Tax: ( 2,662 )
Profit(or loss) for the financial year: 24,506 11,637

MUSEUM OF YOUTH CULTURE C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 574 1,890
Total fixed assets: 574 1,890
Current assets
Debtors: 4 20,720
Cash at bank and in hand: 44,488 30,049
Total current assets: 65,208 30,049
Prepayments and accrued income: 215,530 159,469
Creditors: amounts falling due within one year: 5 ( 194,592 ) ( 119,531 )
Net current assets (liabilities): 86,146 69,987
Total assets less current liabilities: 86,720 71,877
Creditors: amounts falling due after more than one year: 6 ( 17,265 ) ( 26,929 )
Total net assets (liabilities): 69,455 44,948
Members' funds
Profit and loss account: 69,455 44,948
Total members' funds: 69,455 44,948

The notes form part of these financial statements

MUSEUM OF YOUTH CULTURE C.I.C.

Balance sheet statements

For the year ending 31 July 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 23 May 2025
and signed on behalf of the board by:

Name: Jon Swinstead
Status: Director

The notes form part of these financial statements

MUSEUM OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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 OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

MUSEUM OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 5,476 5,476
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 5,476 5,476
Depreciation
At 1 August 2023 3,586 3,586
Charge for year 1,316 1,316
On disposals
Other adjustments
At 31 July 2024 4,902 4,902
Net book value
At 31 July 2024 574 574
At 31 July 2023 1,890 1,890

MUSEUM OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 20,720
Total 20,720

MUSEUM OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 194,592 119,531
Total 194,592 119,531

MUSEUM OF YOUTH CULTURE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 17,265 26,929
Total 17,265 26,929

COMMUNITY INTEREST ANNUAL REPORT

MUSEUM OF YOUTH CULTURE C.I.C.

Company Number: 09680751 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company runs The Museum of Youth Culture, an on line museum working to preserve the story of young people and inspire future generations. The Museum opened for business in 2015. During the financial year 2023/4, the Museum’s activities have benefited the community in the following ways: Sharing inspiring stories that bring people together during these polarized times. Running youth workshops with over 500 young people to inspire creativity and learn about archiving, photography. Showcasing and celebrating the value of youth on society in exhibitions attended by over 50,000 people. Providing an education platform free to access for students at subscribed universities

Consultation with stakeholders

The company’s stakeholders are primarily young people. The directors of the company engage with a youth advisory panel and an advisory board to ensure best practice and maximum benefit to our written goals and purpose. At events the public fill in and contribute their ideas towards the museum’s future. Our research has enabled us to identify areas for improvement and of wide interest to communities.

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
23 May 2025

And signed on behalf of the board by:
Name: Jon Swinstead
Status: Director