Twickenham District Masonic Council Limi - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 00489194 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 August 2016

for

Twickenham District Masonic Council

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Evans

N A Hulbert

P J Hyde

J S Mackay

K P Marshall-Jobson

J J Mellor

A M Phillips

J C Tranter

SECRETARY:

REGISTERED OFFICE:

Cole Court

150 London Road

Twickenham

Middlesex

TW1 1HD

REGISTERED NUMBER:

00489194 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

2

511,758

484,674

CURRENT ASSETS

Stocks

12,770

14,793

Debtors

3

50,194

112,704

Cash at bank and in hand

159,483

203,214

222,447

330,711

CREDITORS

Amounts falling due within one year

4

48,019

179,496

NET CURRENT ASSETS

174,428

151,215

TOTAL ASSETS LESS CURRENT LIABILITIES

686,186

635,889

RESERVES

Income and expenditure account

5

686,186

635,889

686,186

635,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 May 2017 and were signed on its behalf by:

P J Hyde - Director

A M Phillips - 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 net invoiced sales of goods, 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

10% - 33.3% straight line

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income and expenditure account on a

straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2015

571,770

281,172

852,942

Additions

20,861

36,706

57,567

At 31 August 2016

592,631

317,878

910,509

DEPRECIATION

At 1 September 2015

148,545

219,723

368,268

Charge for year

11,706

18,777

30,483

At 31 August 2016

160,251

238,500

398,751

NET BOOK VALUE

At 31 August 2016

432,380

79,378

511,758

At 31 August 2015

423,225

61,449

484,674

There remains a charge of £80,000 on the assets of the company registered at Companies House on

26/9/2007 by Middlesex Masonic Development Fund.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/16

31/8/15

£

£

Trade debtors

44,361

53,516

Other debtors

5,833

59,188

50,194

112,704

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/16

31/8/15

£

£

Trade creditors

16,719

95,616

Taxation and social security

13,823

49,324

Other creditors

17,477

34,556

48,019

179,496

5.

RESERVES

Income

and

expenditure

account

£

At 1 September 2015

635,889

Surplus for the year

50,297

At 31 August 2016

686,186

6.	RELATED PARTY DISCLOSURES

The following directors, through companies under their control, had trading activities with

Twickenham District Masonic Council Ltd:

APS Cleaning, a company controlled by AM Phillips, during the year charged £50,503 to Twickenham

District Masonic Council Ltd. (2015 £44,940).

PJ Hyde Ltd , a company controlled by PJ Hyde, during the year charged £77,637 to Twickenham

District Masonic Council Ltd.

7.	LIMITED BY GUARANTEE

The company is limited by guarantee and as such has no share capital. Every member of the

company undertakes to contribute an amount up to £1 in the event of it being wound up.