Lowestoft Masonic Hall Company Limited - Accounts to registrar (filleted) - small 23.2.5

LOWESTOFT MASONIC HALL COMPANY LIMITED - Company Information

IRIS Accounts Production v23.4.0.336 00845681 Board of Directors 1.10.22 30.9.23 30.9.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh008456812022-09-30008456812023-09-30008456812022-10-012023-09-30008456812021-09-30008456812021-10-012022-09-30008456812022-09-3000845681ns15:EnglandWales2022-10-012023-09-3000845681ns14:PoundSterling2022-10-012023-09-3000845681ns10:Director12022-10-012023-09-3000845681ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3000845681ns10:SmallEntities2022-10-012023-09-3000845681ns10:AuditExemptWithAccountantsReport2022-10-012023-09-3000845681ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3000845681ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3000845681ns10:FullAccounts2022-10-012023-09-3000845681ns10:Director22022-10-012023-09-3000845681ns10:Director42022-10-012023-09-3000845681ns10:Director52022-10-012023-09-3000845681ns10:Director62022-10-012023-09-3000845681ns10:Director72022-10-012023-09-3000845681ns10:Director82022-10-012023-09-3000845681ns10:Director102022-10-012023-09-3000845681ns10:Director112022-10-012023-09-3000845681ns10:Director132022-10-012023-09-3000845681ns10:Director142022-10-012023-09-3000845681ns10:Director152022-10-012023-09-3000845681ns10:Director162022-10-012023-09-3000845681ns10:Director172022-10-012023-09-3000845681ns10:RegisteredOffice2022-10-012023-09-3000845681ns5:CurrentFinancialInstruments2023-09-3000845681ns5:CurrentFinancialInstruments2022-09-3000845681ns5:Non-currentFinancialInstruments2023-09-3000845681ns5:Non-currentFinancialInstruments2022-09-3000845681ns5:ShareCapital2023-09-3000845681ns5:ShareCapital2022-09-3000845681ns5:RevaluationReserve2023-09-3000845681ns5:RevaluationReserve2022-09-3000845681ns5:FurtherSpecificReserve1ComponentTotalEquity2023-09-3000845681ns5:FurtherSpecificReserve1ComponentTotalEquity2022-09-3000845681ns5:RetainedEarningsAccumulatedLosses2023-09-3000845681ns5:RetainedEarningsAccumulatedLosses2022-09-3000845681ns5:PlantMachinery2022-10-012023-09-3000845681ns5:LandBuildings2022-09-3000845681ns5:PlantMachinery2022-09-3000845681ns5:LandBuildings2022-10-012023-09-3000845681ns5:LandBuildings2023-09-3000845681ns5:PlantMachinery2023-09-3000845681ns5:LandBuildings2022-09-3000845681ns5:PlantMachinery2022-09-3000845681ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3000845681ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3000845681ns5:RevaluationReserve2022-09-30

REGISTERED NUMBER: 00845681 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LOWESTOFT MASONIC HALL COMPANY LIMITED

Page

Company Information

Statement of Financial Position

Notes to the Financial Statements

Chartered Certified Accountants' Report

DIRECTORS:

C E Hall

D J Hickinbottom

G Horton

A Brown

D K Fisk

C C Songer

T Blackett (Snr)

M Edmonds

WPG Molloy

S B Smith

S Mitchell

J P Holland

S G Holman

N J Nicholls

REGISTERED OFFICE:

23 Wannock Close

Carlton Colville

Lowestoft

Suffolk

NR33 8DW

REGISTERED NUMBER:

00845681 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Tangible assets

257,167

259,093

CURRENT ASSETS

Debtors

3,157

2,642

Cash at bank

2,372

8,179

5,529

10,821

CREDITORS

Amounts falling due within one year

14,042

24,705

NET CURRENT LIABILITIES

(8,513

)

(13,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

248,654

245,209

CREDITORS

Amounts falling due after more than one
year

56,500

40,000

NET ASSETS

192,154

205,209

CAPITAL AND RESERVES

Called up share capital

138,381

Revaluation reserve

4,800

Other reserves

32,819

Retained earnings

16,154

29,209

192,154

205,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:

G Horton - Director

1.	STATUTORY INFORMATION

Lowestoft Masonic Hall Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

COST

At 1 October 2022

216,618

85,812

302,430

Additions

810

At 30 September 2023

216,618

86,622

303,240

DEPRECIATION

At 1 October 2022

43,337

Charge for year

2,736

At 30 September 2023

46,073

NET BOOK VALUE

At 30 September 2023

216,618

40,549

257,167

At 30 September 2022

216,618

42,475

259,093

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

Other debtors

3,157

2,642

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

Trade creditors

4,109

Other creditors

9,933

24,705

14,042

24,705

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

Other creditors

56,500

40,000

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

32,500

40,000

RESERVES

Revaluation

reserve

At 1 October 2022

and 30 September 2023

4,800

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

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 Company Limited for the year ended 30 September 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity 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://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Lowestoft Masonic Hall Company 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 Company Limited and state those matters that we have agreed to state to the Board of Directors of Lowestoft Masonic Hall Company 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 Company 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 loss of Lowestoft Masonic Hall Company Limited. You consider that Lowestoft Masonic Hall Company 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 Company 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.

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

Date: .............................................