Twickenham District Masonic Council Limi - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00489194 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 August 2018

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

K P Marshall-Jobson

J J Mellor

A M Phillips

J C Tranter

J A Hoare

SECRETARY:

N A Hulbert

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

4

570,927

534,079

CURRENT ASSETS

Stocks

14,414

12,409

Debtors

5

68,530

111,335

Cash at bank and in hand

272,311

249,551

355,255

373,295

CREDITORS

Amounts falling due within one year

6

62,034

93,188

NET CURRENT ASSETS

293,221

280,107

TOTAL ASSETS LESS CURRENT LIABILITIES

864,148

814,186

RESERVES

Income and expenditure account

864,148

814,186

864,148

814,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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.

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 on 13 November 2018 and were signed on its behalf by:

P J Hyde - Director

A M Phillips - Director

1.	STATUTORY INFORMATION

Twickenham District Masonic Council Limited is a private company, limited by guarantee , 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit 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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2017 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2017

603,834

364,732

968,566

Additions

-

79,327

79,327

Disposals

-

(10,000

)

(10,000

)

At 31 August 2018

603,834

434,059

1,037,893

DEPRECIATION

At 1 September 2017

171,509

262,978

434,487

Charge for year

12,077

24,402

36,479

Eliminated on disposal

-

(4,000

)

(4,000

)

At 31 August 2018

183,586

283,380

466,966

NET BOOK VALUE

At 31 August 2018

420,248

150,679

570,927

At 31 August 2017

432,325

101,754

534,079

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/18

31/8/17

£

£

Trade debtors

49,469

105,440

Other debtors

19,061

5,895

68,530

111,335

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/18

31/8/17

£

£

Trade creditors

46,937

74,255

Taxation and social security

5,683

13,780

Other creditors

9,414

5,153

62,034

93,188

7.	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 £48,060 to Twickenham

District Masonic Council Ltd. (2017 £36,474)

PJ Hyde Ltd , a company controlled by PJ Hyde, during the year charged £33,818 to Twickenham

District Masonic Council Ltd. ( 2017 £34,329)

8.	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.