Lowestoft Masonic Hall Co Limited - Limited company - abbreviated

REGISTERED NUMBER: 00845681

Abbreviated Accounts for the Year Ended 30 September 2014

for

Lowestoft Masonic Hall Co Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

P E Kemp

C E Hall

M Dobson

D J Hickinbottom

G Horton

D Batty

G Prior

S G T Elms

A Brown

M Y Howell

D K Fiske

K W C Butler

M Astle

REGISTERED OFFICE:

23 Wannock Close

Carlton Colville

Lowestoft

Suffolk

NR33 8DW

REGISTERED NUMBER:

00845681

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Tangible assets

2

236,655

238,702

CURRENT ASSETS

Debtors

22,445

10,136

Cash in hand

25,619

9,256

48,064

19,392

CREDITORS

Amounts falling due within one year

46,493

14,986

NET CURRENT ASSETS

1,571

4,406

TOTAL ASSETS LESS CURRENT
LIABILITIES

238,226

243,108

CREDITORS

Amounts falling due after more than one
year

70,000

75,000

NET ASSETS

168,226

168,108

CAPITAL AND RESERVES

Called up share capital

3

86,281

Revaluation reserve

4,800

Other reserves

32,819

Profit and loss account

44,326

44,208

SHAREHOLDERS' FUNDS

168,226

168,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which 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 company as at the end
of each financial year and of its profit or loss 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 company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 21 June 2015 and were signed on its behalf by:

C E Hall - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

259,057

DEPRECIATION

At 1 October 2013

20,355

Charge for year

2,047

At 30 September 2014

22,402

NET BOOK VALUE

At 30 September 2014

236,655

At 30 September 2013

238,702

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

16,054

'B' Shares

1

16,579

69,702

Ordinary Shares

1

69,702

86,281

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Lowestoft Masonic Hall Co Limited for the year ended 30 September 2014 which comprise the

Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Lowestoft Masonic Hall Co Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lowestoft Masonic Hall Co Limited and state those matters that we have agreed to state to the Board of Directors of Lowestoft Masonic Hall Co Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lowestoft Masonic Hall Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lowestoft Masonic Hall Co Limited. You consider that Lowestoft Masonic Hall Co Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lowestoft Masonic Hall Co

Limited. 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 financial

statements.