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 2025

FOR

NATIONAL FILM AND SCI-FI MUSEUM LIMITED

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

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 2025. 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 has finished setting up of The National Film and Sci-Fi Museum in Milton Keynes, and the museum has been opened to the public throughout the year.

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)

Miss A M Swinsco Company Director

Mrs Z R Finch Director (appointed 1.9.24)

Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:

P R Jones - Trustee

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

520

2,739

EXPENDITURE ON

Raising funds

2

2,111

1,998

Other

(84

)

-

Total

2,027

1,998

NET INCOME/(EXPENDITURE)

(1,507

)

741

RECONCILIATION OF FUNDS

Total funds brought forward

8,394

7,653

TOTAL FUNDS CARRIED FORWARD

6,887

8,394

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Investments

5

100

100

CURRENT ASSETS

Debtors

6

1,428

1,016

Cash at bank

5,459

7,389

6,887

8,405

CREDITORS

Amounts falling due within one year

7

(100

)

(111

)

NET CURRENT ASSETS

6,787

8,294

TOTAL ASSETS LESS CURRENT LIABILITIES

6,887

8,394

NET ASSETS

6,887

8,394

FUNDS

8

Unrestricted funds

6,887

8,394

TOTAL FUNDS

6,887

8,394

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 2025 and were signed on its behalf by:

P R Jones - Trustee

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

2025

2024

£

£

Interest payable and similar charges

3

3

3.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024.

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2,739

EXPENDITURE ON

Raising funds

1,998

NET INCOME

741

RECONCILIATION OF FUNDS

Total funds brought forward

7,653

TOTAL FUNDS CARRIED FORWARD

8,394

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

MARKET VALUE

At 1 February 2024 and 31 January 2025

100

NET BOOK VALUE

At 31 January 2025

100

At 31 January 2024

100

There were no investment assets outside the UK.

6.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,428

1,016

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

11

Other creditors

100

100

100

111

8.	MOVEMENT IN FUNDS

Net

movement

At

At 1.2.24

in funds

31.1.25

£

£

£

Unrestricted funds

General fund

8,394

(1,507

)

6,887

TOTAL FUNDS

8,394

(1,507

)

6,887

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

520

(2,027

)

(1,507

)

TOTAL FUNDS

520

(2,027

)

(1,507

)

Comparatives for 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

Comparative 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

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

Net

movement

At

At 1.2.23

in funds

31.1.25

£

£

£

Unrestricted funds

General fund

7,653

(766

)

6,887

TOTAL FUNDS

7,653

(766

)

6,887

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

3,259

(4,025

)

(766

)

TOTAL FUNDS

3,259

(4,025

)

(766

)

9.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 January 2025.