Diss Masonic Club Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04318225 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Diss Masonic Club Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A R W Brazier

A G Bryant

N R Davy

M S Gooderson

K E Preston

J G S Wallace

C M Whitaker

SECRETARY:

E Young

REGISTERED OFFICE:

Freemasons Hall

Parkfields

Denmark Street

Diss

Norfolk

IP22 3LE

REGISTERED NUMBER:

04318225 (England and Wales)

ACCOUNTANTS:

Waveney Accountants Ltd

T/A Newman & Co

Chartered Accountants

4b Church Street

Diss

Norfolk

IP22 4DD

CURRENT ASSETS

Stocks

952

838

Cash at bank and in hand

22,921

24,543

TOTAL ASSETS LESS CURRENT LIABILITIES

23,873

25,381

RESERVES

Income and expenditure account

23,873

25,381

MEMBERS' FUNDS

23,873

25,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 4 July 2016 and were signed on its behalf by:

K E Preston - 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 January 2015).

Turnover

Turnover represents bar income and surpluses on members' functions.

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 etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

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 2015

and 31 December 2015

9,928

DEPRECIATION

At 1 January 2015

and 31 December 2015

9,928

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

-