Salisbury Masonic Association Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05132944 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

SALISBURY MASONIC ASSOCIATION LIMITED

A COMPANY LIMITED BY GUARANTEE

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R J Daniel

P W Dowden Smith

S J L Ellingham

M S Hammond

B D Little

M E Lound

A Markham

A J Oke

Lt Col K F Robbin

SECRETARY:

Lt Col K F Robbin

REGISTERED OFFICE:

Freemasons Hall

100 Crane Street

Salisbury

Wiltshire

SP1 2DQ

REGISTERED NUMBER:

05132944 (England and Wales)

ACCOUNTANTS:

Fawcetts

Chartered Accountants

Windover House

St. Ann Street

Salisbury

SP1 2DR

FIXED ASSETS

Tangible assets

2

102,903

107,403

CURRENT ASSETS

Debtors

2,063

1,143

Cash at bank

71,047

57,294

73,110

58,437

CREDITORS

Amounts falling due within one year

12,631

12,351

NET CURRENT ASSETS

60,479

46,086

TOTAL ASSETS LESS CURRENT LIABILITIES

163,382

153,489

RESERVES

Income and expenditure account

163,382

153,489

163,382

153,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 29 September 2015 and were signed on its behalf by:

S J L Ellingham - 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.

Improvements to property

-

Straight line over 30 years

Expenditure on fixed assets is capitalised except for expenditure incurred on the replacement of assets of low value with

a short life. Repair, renovation and replacement expenditure is written off as expenditure in the profit and loss account.

The cost of fixed assets is their purchase cost, together with any incidental costs of acquisition.

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 January 2014

and 31 December 2014

133,593

DEPRECIATION

At 1 January 2014

26,190

Charge for year

4,500

At 31 December 2014

30,690

NET BOOK VALUE

At 31 December 2014

102,903

At 31 December 2013

107,403

3.

STATUS

The company is limited by guarantee and does not have a share capital. The liability of members in the event of a

winding up is limited by guarantee to an amount not exceeding £1 per member. At the balance sheet date there were 16

members.