PADDOCK_WOOD_FREEMASONS_H - Accounts

PADDOCK WOOD FREEMASONS HALL LTD - Company Information

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Company Registration No. 00200709 (England and Wales)

PADDOCK WOOD FREEMASONS HALL LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2014

PADDOCK WOOD FREEMASONS HALL LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PADDOCK WOOD FREEMASONS HALL LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

493,048

491,945

Current assets

Stocks

861

Debtors

1,285

1,137

Cash at bank and in hand

25,317

16,152

27,463

17,289

Creditors: amounts falling due within one year

(22,261)

(9,162)

Net current assets

5,202

8,127

Total assets less current liabilities

498,250

500,072

Creditors: amounts falling due after more than one year

(7,996)

(18,163)

490,254

481,909

Capital and reserves

Called up share capital

113

Revaluation reserve

417,243

Profit and loss account

72,898

64,553

Shareholders' funds

490,254

481,909

For the financial year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 August 2015

Mr B Perkins

Director

Company Registration No. 00200709

PADDOCK WOOD FREEMASONS HALL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents the total amounts of rent due for the hire of the facilities provided by the company.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

not depreciated

Fixtures, fittings & equipment

25% on the reducing balance per annum

It is the policy of the entity to revalue its land and buildings in accordance with FRS15. In pursuance of this in 2011 a professional revaluation was undertaken.

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2014

496,410

Additions

2,234

At 31 December 2014

498,644

Depreciation

At 1 January 2014

4,465

Charge for the year

1,131

At 31 December 2014

5,596

Net book value

At 31 December 2014

493,048

At 31 December 2013

491,945

PADDOCK WOOD FREEMASONS HALL LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2014

- 3 -

Creditors: amounts falling due after more than one year

2014

2013

Analysis of loans repayable in more than five years

Total not repayable by instalments and due in more than five years

7,996

Share capital

2014

2013

Allotted, called up and fully paid

904 Ordinary shares of 13p each

113