IRIS Accounts Production v22.2.0.402 00136809 Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure001368092020-12-31001368092021-12-31001368092021-01-012021-12-31001368092019-12-31001368092020-01-012020-12-31001368092020-12-3100136809ns16:EnglandWales2021-01-012021-12-3100136809ns15:PoundSterling2021-01-012021-12-3100136809ns11:Director12021-01-012021-12-3100136809ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3100136809ns11:SmallEntities2021-01-012021-12-3100136809ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3100136809ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3100136809ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3100136809ns11:FullAccounts2021-01-012021-12-3100136809ns11:OrdinaryShareClass12021-01-012021-12-3100136809ns11:Director32021-01-012021-12-3100136809ns11:Director42021-01-012021-12-3100136809ns11:Director22021-01-012021-12-3100136809ns11:Director52021-01-012021-12-3100136809ns11:Director62021-01-012021-12-3100136809ns11:Director82021-01-012021-12-3100136809ns11:Director92021-01-012021-12-3100136809ns11:Director102021-01-012021-12-3100136809ns11:Director112021-01-012021-12-3100136809ns11:Director122021-01-012021-12-3100136809ns11:Director132021-01-012021-12-3100136809ns11:Director142021-01-012021-12-3100136809ns11:Director152021-01-012021-12-3100136809ns11:CompanySecretary12021-01-012021-12-3100136809ns11:RegisteredOffice2021-01-012021-12-3100136809ns6:CurrentFinancialInstruments2021-12-3100136809ns6:CurrentFinancialInstruments2020-12-3100136809ns6:Non-currentFinancialInstruments2021-12-3100136809ns6:Non-currentFinancialInstruments2020-12-3100136809ns6:ShareCapital2021-12-3100136809ns6:ShareCapital2020-12-3100136809ns6:CapitalRedemptionReserve2021-12-3100136809ns6:CapitalRedemptionReserve2020-12-3100136809ns6:FurtherSpecificReserve1ComponentTotalEquity2021-12-3100136809ns6:FurtherSpecificReserve1ComponentTotalEquity2020-12-3100136809ns6:RetainedEarningsAccumulatedLosses2021-12-3100136809ns6:RetainedEarningsAccumulatedLosses2020-12-3100136809ns6:OwnedOrFreeholdAssetsns6:LandBuildings2021-01-012021-12-3100136809ns6:PlantMachinery2021-01-012021-12-3100136809ns6:FurnitureFittings2021-01-012021-12-3100136809ns6:ComputerEquipment2021-01-012021-12-3100136809ns6:LandBuildings2020-12-3100136809ns6:PlantMachinery2020-12-3100136809ns6:FurnitureFittings2020-12-3100136809ns6:ComputerEquipment2020-12-3100136809ns6:LandBuildings2021-01-012021-12-3100136809ns6:LandBuildings2021-12-3100136809ns6:PlantMachinery2021-12-3100136809ns6:FurnitureFittings2021-12-3100136809ns6:ComputerEquipment2021-12-3100136809ns6:LandBuildings2020-12-3100136809ns6:PlantMachinery2020-12-3100136809ns6:FurnitureFittings2020-12-3100136809ns6:ComputerEquipment2020-12-3100136809ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3100136809ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3100136809ns11:OrdinaryShareClass12021-12-3100136809ns6:RetainedEarningsAccumulatedLosses2020-12-3100136809ns6:CapitalRedemptionReserve2020-12-3100136809ns6:FurtherSpecificReserve1ComponentTotalEquity2020-12-3100136809ns6:RetainedEarningsAccumulatedLosses2021-01-012021-12-31
REGISTERED NUMBER: 00136809 (England and Wales)














LUTON MASONIC HALL COMPANY LIMITED (THE)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021






LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LUTON MASONIC HALL COMPANY LIMITED (THE)

COMPANY INFORMATION
for the Year Ended 31 December 2021







DIRECTORS: K W Garrett
W F Henderson
C C Bridge
W Miller
J Pinnock
P G Bryce
T R Fuller
K W Harradine
J R Kane
M J Robinson
G Briscombe
B Keech
K R Webb
A D Sharp





SECRETARY: C C Bridge





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 00136809 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

STATEMENT OF FINANCIAL POSITION
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 644,280 664,593

CURRENT ASSETS
Stocks 5,943 4,641
Debtors 6 33,661 31,667
Cash at bank and in hand 149,751 139,290
189,355 175,598
CREDITORS
Amounts falling due within one year 7 30,344 28,668
NET CURRENT ASSETS 159,011 146,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,291

811,523

CREDITORS
Amounts falling due after more than one
year

8

5,350

5,350
NET ASSETS 797,941 806,173

CAPITAL AND RESERVES
Called up, paid and allotted share capital 9 34,710 32,710
Capital reserve 10 25,717 25,717
Other reserves 10 114,731 114,709
Retained earnings 10 622,783 633,037
SHAREHOLDERS' FUNDS 797,941 806,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

STATEMENT OF FINANCIAL POSITION - continued
31 December 2021


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 21 July 2022 and were signed on its behalf by:





K W Harradine - Director


LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Luton Masonic Hall Company Limited (The) 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on reducing balance
Computer equipment - 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.

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.

Government grants
Government grants are recognised using the performance model and are recognised in other income when the grants proceeds are received or receivable.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2020 - 19 ) .

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 1,013,403 78,516 39,804 8,808 1,140,531
Additions - - - 819 819
At 31 December 2021 1,013,403 78,516 39,804 9,627 1,141,350
DEPRECIATION
At 1 January 2021 375,246 58,183 33,712 8,797 475,938
Charge for year 16,266 4,050 611 205 21,132
At 31 December 2021 391,512 62,233 34,323 9,002 497,070
NET BOOK VALUE
At 31 December 2021 621,891 16,283 5,481 625 644,280
At 31 December 2020 638,157 20,333 6,092 11 664,593

Included in cost of land and buildings is freehold land of £ 200,000 (2020 - £ 200,000 ) which is not depreciated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 29,121 24,487
Other debtors 4,540 7,180
33,661 31,667

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 10,862 10,477
Taxation and social security 10,324 8,930
Other creditors 9,158 9,261
30,344 28,668

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Other creditors 5,350 5,350

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

9. CALLED UP, PAID AND ALLOTTED SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal 2021 2020
value: £    £   
34,710 Ordinary £1 34,710 32,710
(2020 - 32,710 )

10. RESERVES
Retained Capital Other
earnings reserve reserves Totals
£    £    £    £   

At 1 January 2021 633,037 25,717 114,709 773,463
Deficit for the year (10,232 ) (10,232 )
Legacy fund transfer (22 ) - 22 -
At 31 December 2021 622,783 25,717 114,731 763,231

Other reserves comprise a Legacy Reserve to recognise a legacy received from Hugh Weir in 2010. Following the repayment of the property mortgage the directors wish to hold and utilise these remaining legacy funds for the future refurbishment of the freehold property or any other capital works thereon. Interest received on funds held from this legacy are transferred annually from the general profit and loss account to this Legacy Reserve.

11. COVID-19

During the current accounting period the world was dramatically affected by the Covid-19 pandemic. The directors have reviewed the company's position at the balance sheet date and up to the date of signing these accounts and have concluded that there are no material post balance sheet event adjustments required to the carrying amounts of the company's assets and liabilities as a result of the pandemic. They also do not consider that there will be any material financial effect from the pandemic that will impact on the company's ability to continue as a going concern for a period of 12 months from the date of approval of these accounts.