Caseware UK (AP4) 2025.0.111 2025.0.111 Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2026-05-12 21574 26256 21574 2026-05-12 2025-01-01 false No description of principal activity 0 0 2025-12-31 07363611 2025-01-01 2025-12-31 07363611 2024-01-01 2024-12-31 07363611 2025-12-31 07363611 2024-12-31 07363611 2025-01-01 07363611 2024-01-01 07363611 c:RegisteredOffice 2025-01-01 2025-12-31 07363611 d:CurrentFinancialInstruments 2025-12-31 07363611 d:CurrentFinancialInstruments 2024-12-31 07363611 c:FRS102 2025-01-01 2025-12-31 07363611 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07363611 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07363611 b:Trustee1 2025-01-01 2025-12-31 07363611 b:Trustee3 2025-01-01 2025-12-31 07363611 b:Trustee4 2025-01-01 2025-12-31 07363611 b:Trustee5 2025-01-01 2025-12-31 07363611 b:UnrestrictedFundsGeneral 2025-01-01 2025-12-31 07363611 b:UnrestrictedFundsGeneral 2025-12-31 07363611 b:UnrestrictedFundsGeneral 2024-12-31 07363611 b:TotalUnrestrictedFunds 2025-12-31 07363611 b:TotalUnrestrictedFunds 2024-12-31 07363611 c:FullAccounts 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 07363611 Charity number: 1138368 THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) UNAUDITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) CONTENTS
| Page
Reference and Administrative Details of the Company, its Trustees and Advisers | 1
Trustees' Report | 2 - 5
Statement of Financial Activities | 6
Balance Sheet | 7
Notes to the Financial Statements | 8 - 12
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees
T H Shutes, Principal
J F Peniston, Trustee
J Brett, Trustee
R Baldock, Trustee
Company registered number 07363611
Charity registered number 1138368
Registered office 2nd Floor Connaught House, 1-3 Mount Street (Entrance via Davies Street), London , W1K 3NB
Accountants Sopher + Co LLP, 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD
Page 1
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual report together with the financial statements of the Charity for the year 1 January 2025 to 31 December 2025. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted. Structure, governance and management a. Constitution The Museum of Everything is registered as a charitable company limited by guarantee. The company is constituted under a Memorandum of Association dated 2 September 2010 and is a registered charity number 1138368. The Trustees, who are also the directors for the purpose of company law, and who served during the period were: T H Shutes, Principal J Brett J F Peniston R Baldock b. Methods of appointment or election of Trustees The management of the Charity is the responsibility of Trustees who are elected and co-opted under the terms of the Articles of Association. The number of trustees shall not be less than two but (unless otherwise determined by ordinary resolution) shall not be subject to any maximum. Trustees hold office for a period of two years. Unless otherwise agreed by existing trustees, every trustee must be appointed for a term of two years by a resolution of the Trustees passed at a special meeting. The power of appointing and removing trustees is vested in the members of the company. Trustees have the power at any time to appoint any person to be a trustee either to fill a casual vacancy or as an additional trustee. c. Organisational structure and decision-making policies The management of the company is the responsibility of the Trustees who are elected and co- opted under the terms of the Articles of Association. The Principal Trustee is appointed by the Trustees to manage the day to day operations of the Charity. None of the Trustees have any beneficial interest in the Charity. All of the Trustees are members of the Charity and guarantee to contribute a maximum of £10 in the event of a winding up. Page 2
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) Structure, governance and management (continued) d. Policies adopted for the induction and training of Trustees New trustees are made aware of the purposes and aims of the Charity, as well as their general and specific duties, as determined by the Principal Trustee. Training requirements are constantly monitored in accordance with Charity Commission guidelines. e. Related party relationships During the year the Charity was allocated a donation of £7,500 (2024 - £7,500) receivable from Everything Limited, a company controlled by one of the trustees of the Charity. f. Financial risk management The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Total income for the year was £7,500 (2024 - £7,500) which comprised a single donation and total expenditure for the year was £5,159 (2024 - £3,386). Under the Memorandum and Articles of Association, the Charity has the power to make investments which the Trustees see fit. Plans for future periods The Charity is looking to further grow its programme and reach as well as to find and develop new revenue streams to improve its sustainability. Objectives and activities a. Policies and objectives The principal objects of the Charity are specifically restricted to the establishment of a trust fund for general charitable purposes, specifically the trust works to display, promote and develop artwork for the education of the public with particular emphasis on work by disabled, self-taught and other non-traditional artists. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. b. Activities undertaken to achieve objectives The Trustees are presently exploring opportunities to raise awareness of the Charity, its activities and projects with vulnerable adults, and to generate regularised donations from international organisations to support these initiatives. Page 3
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) Achievements and performance a. Main achievements of the Company The Trustees are pleased with the result of fundraising activities. Financial review a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. b. Reserves policy The Charity maintains a general fund from which charitable donations to beneficiaries will be made. As at 31 December 2025 the charity had free reserves in the general fund of £13,128 (2024 - £10,787). The Trustees consider it appropriate to hold unrestricted funds of at least £3,000 to provide support for future projects. The minimum level of reserves for the ongoing needs of the charity is reviewed by the trustees on an annual basis. c. Material investments policy There are no restrictions on the Charity’s power to invest. The investment strategy is set by the Trustees to take account of recent demand for funds and the quality of the funding applications. The Trustees apply the capital and income of the trust fund for such charitable purposes as they think fit at their discretion. Members' liability The Members of the Charity guarantee to contribute an amount not exceeding £10 to the assets of the Charity in the event of winding up. Page 4
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) Statement of Trustees' responsibilities The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: ∙select suitable accounting policies and then apply them consistently; ∙observe the methods and principles of the Charities SORP (FRS 102); ∙make judgments and accounting estimates that are reasonable and prudent; ∙state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 12 May 2026 and signed on their behalf by:
T H Shutes Trustee |
Page 5
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025
|  | Unrestricted funds 2025 | Total funds 2025 | Total funds 2024
| Note | £ | £ | £
Income from: |  |  |  |
Donations and legacies | 3 | 7,500 | 7,500 | 7,500
Total income |  | 7,500 | 7,500 | 7,500
Expenditure on: |  |  |  |
Charitable activities | 4 | 5,159 | 5,159 | 3,386
Total expenditure |  | 5,159 | 5,159 | 3,386
Net movement in funds |  | 2,341 | 2,341 | 4,114
Reconciliation of funds: |  |  |  |
Total funds brought forward |  | 10,787 | 10,787 | 6,673
Net movement in funds |  | 2,341 | 2,341 | 4,114
Total funds carried forward |  | 13,128 | 13,128 | 10,787
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 12 form part of these financial statements.
Page 6
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) REGISTERED NUMBER: 07363611 BALANCE SHEET AS AT 31 DECEMBER 2025
|  |  | 2025 |  | 2024
| Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors | 6 |  | 22,500 |  | 15,440
Cash at bank and in hand |  |  | - |  | 439
|  |  | 22,500 |  | 15,879
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 7 |  | (9,372) |  | (5,092)
Total net assets |  |  | 13,128 |  | 10,787
Charity funds |  |  |  |  |
Unrestricted funds | 8 |  | 13,128 |  | 10,787
Total funds |  |  | 13,128 |  | 10,787
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees on 12 May 2026 and signed on their behalf by:
T H Shutes (Trustee) |
The notes on pages 8 to 12 form part of these financial statements.
Page 7
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
The Museum of Everything is a private company limited by guarantee registered in England and Wales. The registered office address is at 2nd Floor Connaught House, 1-3 Mount Street (entrance via Davies Street), London, W1K 3NB. The members of the Company are the Trustees named on page 1. In the event of the Company being wound up, the liability in respect of the guarantee is limited to £10 per member of the Company. The Company is also a Charity registered with the Charity Commission. The Company's charity registered number is 1138368. The principal objects of the Charity are the display, promotion and development of artwork for the education of the public with particular emphasis on work by disabled, self-taught and other non-traditional artists. The functional and presentational currency of the Charity is £ Sterling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Museum of Everything meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
| 2.2 | Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Page 8
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT.
| 2.5 | Debtors
Other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
| 2.6 | Cash at bank and in hand
Cash at bank and 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.
| 2.7 | Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
| 2.8 | Financial instruments
The Charity has only financial assets and liabilities of a kind that qualify as basic financial instruments.
| 2.9 | Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Page 9
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| 3. | Income from donations
|  |  | Unrestricted funds 2025 | Total funds 2025 | Total funds 2024
|  |  | £ | £ | £
| Donations | 7,500 | 7,500 | 7,500
| 4. | Analysis of expenditure on charitable activities
|  | Summary by fund type
|  |  | Unrestricted funds 2025 | Total 2025 | Total 2024
|  |  | £ | £ | £
| General, administrative support and governance costs | 5,159 | 5,159 | 3,386
5. | Trustees' remuneration and expenses
| During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
| During the year ended 31 December 2025, no Trustee expenses have been incurred (2024 - £NIL).
6. | Debtors
|  | 2025 | 2024
|  | £ | £
| Trade debtors | 15,000 | -
| Other debtors | - | 440
| Prepayments and accrued income | 7,500 | 15,000
|  | 22,500 | 15,440
Page 10
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Creditors: Amounts falling due within one year
|  | 2025 | 2024
|  | £ | £
| Bank overdrafts | 73 | 92
| Trade creditors | 3,416 | 3,000
| Other creditors | 3,383 | -
| Accruals | 2,500 | 2,000
|  | 9,372 | 5,092
| 8. | Statement of funds
|  | Statement of funds - current year
|  |  | Balance at 1 January 2023 £ | Income £ | Expenditure £ | Balance at 31 December 2025 £
|  | Unrestricted funds |  |  |  |
| General Funds - all funds | 10,787 | 7,500 | (5,159) | 13,128
|  | Statement of funds - prior year
|  |  | Balance at 1 January 2022 £ | Income £ | Expenditure £ | Balance at 31 December 2022 £
|  | Unrestricted funds |  |  |  |
| General Funds - all funds | 6,673 | 7,500 | (3,386) | 10,787
Page 11
THE MUSEUM OF EVERYTHING (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| 9. | Analysis of net assets between funds
|  | Analysis of net assets between funds - current year
|  |  | Unrestricted funds 2025 | Total funds 2025
|  |  | £ | £
| Current assets | 19,117 | 19,117
| Creditors due within one year | (5,989) | (5,989)
| Total | 13,128 | 13,128
|  | Analysis of net assets between funds - prior year
|  |  | Unrestricted funds 2024 | Total funds 2024
|  |  | £ | £
| Current assets | 15,879 | 15,879
| Creditors due within one year | (5,092) | (5,092)
| Total | 10,787 | 10,787
10. | Related party transactions
| IIncluded within trade debtors is an amount of £15,000 (2024 - £Nil ) due from a related entity in which a trustee has a material interestl.
Page 12