THE STORY MUSEUM

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1(h) in the financial statements, which indicates that it has been a challenging period for the Museum in which some income goals were not achieved and costs continued to rise inexorably. This led to the deficit balance on the general reserve worsening over the year. As a result, a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. THE STORY MUSEUM 2003-12-30 → present
2. OXFORD MUSEUM OF CHILDREN'S LITERATURE 2003-05-29 → 2003-12-30

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Wenn Townsend

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1(h) in the financial statements, which indicates that it has been a challenging period for the Museum in which some income goals were not achieved and costs continued to rise inexorably. This led to the deficit balance on the general reserve worsening over the year. As a result, a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.”

Group structure

1. THE STORY MUSEUM · parent
   1. The Story Museum Trading Limited 100% · delivers the schools programme and teacher training

Significant events

• “Our long term anonymous soft loan was forgiven during the year, thus strengthening our balance sheet and providing restricted funds to support the creative programme over the next two years.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -2.7%

  £1,072,539 → £1,043,985

• Cash

  +11.4%

  £175,284 → £195,318

• Net assets

  -0.3%

  £6,070,691 → £6,055,365

• Employees

  +3.5%

  57 → 59

• Operating profit

  +99.1%

  -£420,359 → -£3,776

• Wages

  +3.4%

  £1,064,767 → £1,100,878

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers