| Registered number: 08900745 | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| Prepared By: | ||||||||
| Barnes4Business Limited | ||||||||
| Chartered Certified Accountants | ||||||||
| 12 Murdock Road | ||||||||
| Bicester | ||||||||
| Oxfordshire | ||||||||
| OX26 4PP | ||||||||
| Banbury Museum Trading Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Oxfordshire | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 08900745 | ||||||||
| ACCOUNTANTS | ||||||||
| Barnes4Business Limited | ||||||||
| Chartered Certified Accountants | ||||||||
| 12 Murdock Road | ||||||||
| Bicester | ||||||||
| Oxfordshire | ||||||||
| OX26 4PP | ||||||||
| Banbury Museum Trading Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 MARCH 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Banbury Museum Trading Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 38,827 | 36,542 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 1 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 6 | |||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Banbury Museum Trading Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 MARCH 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting FRS 1021 a | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006as applicable to companies subject to the small companies' regime. The disclosure requirements of section 1A of FRS102 have been applied other than where additional discolsure is required to show a true and fair view. | ||||||||
| 1b. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1c. Cash At Bank And In Hand | ||||||||
| Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. | ||||||||
| 1d. Creditors And Provisions | ||||||||
| Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. | ||||||||
| 1e. Financial Instruments | ||||||||
| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. | ||||||||
| 1f. Distribution Of Profits | ||||||||
| The company is a subsidiary of Banbury Museum Trust, a Charitable Incorporated Organisation. Each year the company donates its taxable profits to Banbury Museum Trust for the Trust to further its charitable objects. | ||||||||
| Banbury Museum Trading Limited | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 3. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| VAT | 12,658 | 17,879 | ||||||
| Other debtors | 2,325 | 2,709 | ||||||
| 14,983 | 20,588 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Trade creditors | 4,698 | 3,677 | ||||||
| Other creditors | 34,128 | 32,864 | ||||||
| 38,826 | 36,541 | |||||||
| 6. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| Banbury Museum Trading Limited | ||||||||
| 7. CONTROLLING PARTY | ||||||||
| The immediate controlling party is the company's parent entity, Banbury Museum Trust, a Charitable Incorporated Organisation registered with the Charity Commission for England & Wales, which owns 100% of the issued share capital of the company. | ||||||||
| The ultimate controlling party are the Trustees of Banbury Museum Trust. | ||||||||
| 8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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