Museum In A Box Ltd - Period Ending 2016-10-31

MUSEUM IN A BOX C.I.C. - Company Information

Registration number: 09849074

Museum In A Box Ltd

Unaudited Abbreviated Accounts

for the period from 30 October 2015 to 31 October 2016

Lucraft Hodgson & Dawes LLP
2/4 Ash Lane
Rustington
West Sussex
BN16 3BZ

Museum In A Box Ltd

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Museum In A Box Ltd
for the Period Ended 31 October 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Museum In A Box Ltd for the period ended 31 October 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Museum In A Box Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Museum In A Box Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Museum In A Box Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Museum In A Box Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Museum In A Box Ltd. You consider that Museum In A Box Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Museum In A Box Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Lucraft Hodgson & Dawes LLP
2/4 Ash Lane
Rustington
West Sussex
BN16 3BZ

20 July 2017

Page 1

Museum In A Box Ltd

(Registration number: 09849074)
Abbreviated Balance Sheet as at 31 October 2016

	Note	31 October 2016 £
Fixed assets
Tangible assets		1,366
Current assets
Debtors		2,000
Cash at bank and in hand		3,668
		5,668
Creditors: Amounts falling due within one year		(3,979)
Net current assets		1,689
Net assets		3,055
Capital and reserves
Called up share capital	3	100
Profit and loss account		2,955
Shareholders' funds		3,055

For the period ending 31 October 2016 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the director on 20 July 2017

.........................................
Ms Georgina Oates
Director

The notes on pages 3 to 4 form an integral part of these financial statements.

Page 2

Museum In A Box Ltd

Notes to the Abbreviated Accounts

1	Accounting policies

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipments	33% Straight Line

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	2,039	2,039
At 31 October 2016	2,039	2,039
Depreciation
Charge for the year	673	673
At 31 October 2016	673	673
Net book value
At 31 October 2016	1,366	1,366

Page 3

Museum In A Box Ltd

Notes to the Abbreviated Accounts

3	Share capital

Allotted, called up and fully paid shares

	31 October 2016
	No.	£
Share Capital of £1 each	100	100

Control

The director is the controlling party by virtue of her controlling shareholding in the company.

Page 4