Audenshaw Masonic Hall Limited Company Accounts
Audenshaw Masonic Hall Limited Company Accounts
COMPANY REGISTRATION NUMBER:
00913062
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Financial Statements |
Year ended 31 August 2017
Contents |
Page |
Statement of financial position |
1 |
Statement of changes in equity |
3 |
Notes to the financial statements |
4 |
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Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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– |
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Debtors |
6 |
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– |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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(
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Net current (liabilities)/assets |
(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Statement of Financial Position (continued) |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Revaluation reserve |
– |
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Profit and loss account |
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(
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
9 May 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
00913062
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Statement of Changes in Equity |
Year ended 31 August 2017
Called up share capital |
Revaluation reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
£ |
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At 1 September 2015 |
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(
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Profit for the year |
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Total comprehensive income for the year |
– |
– |
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At 31 August 2016 |
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– |
(162,148) |
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Loss for the year |
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(
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Other comprehensive income for the year: |
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Reclassification from revaluation reserve to profit and loss account |
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– |
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Total comprehensive income for the year |
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– |
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At 31 August 2017 |
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– |
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Notes to the Financial Statements |
Year ended 31 August 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Stanley House, Manchester Road, Audenshaw, Manchester, M34 5GB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 September 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 11.
Revenue recognition
Income tax
Tangible assets
Impairment of fixed assets
Stocks
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
14
(2016:
14
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Total |
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£ |
£ |
£ |
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Cost or valuation |
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At 1 September 2016 |
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– |
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Additions |
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Revaluations |
(
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– |
(
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At 31 August 2017 |
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Depreciation |
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At 1 September 2016 and 31 August 2017 |
– |
– |
– |
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Carrying amount |
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At 31 August 2017 |
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At 31 August 2016 |
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– |
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Tangible assets held at valuation
The freehold property was revalued by Bernard C Higginbotham FRICS at the 31st August 2015.
6.
Debtors
2017 |
2016 |
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£ |
£ |
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Trade debtors |
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– |
Other debtors |
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– |
------- |
---- |
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– |
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------- |
---- |
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7.
Creditors:
amounts falling due within one year
2017 |
2016 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
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– |
Social security and other taxes |
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– |
Other creditors |
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(
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(
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8.
Creditors:
amounts falling due after more than one year
2017 |
2016 |
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£ |
£ |
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Members' loans |
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Roof Loan |
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-------- |
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9.
Contingencies
10.
Related party transactions
There is no overall control by any single or group of parties.
11.
Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 September 2015.
No transitional adjustments were required in equity or profit or loss for the year.