Royal Antediluvian Order of Buffaloes,Grand Lodge of England Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00056223

		2022		2021
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		234		570

			234		570
CURRENT ASSETS
Stocks	5	5,687		5,687
Cash at bank and in hand		30,654		35,283

		36,341		40,970
Creditors: Amounts Falling Due Within One Year	6	(2,066 )		(1,823 )

NET CURRENT ASSETS (LIABILITIES)			34,275		39,147

TOTAL ASSETS LESS CURRENT LIABILITIES			34,509		39,717

NET ASSETS			34,509		39,717

CAPITAL AND RESERVES
Called up share capital	7		267		267
Share premium account			1,059		1,059
Profit and Loss Account			33,183		38,391

SHAREHOLDERS' FUNDS			34,509		39,717

Page 1

Page 2

Royal Antediluvian Order of Buffaloes,Grand Lodge of England Limited

Balance Sheet (continued)

As at 31 December 2022

For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Robert Anning Director	Mr Jack Galey Director	Mr Rodney Smith Director
Mr Anthony Weston Director	Mr James Yearley Director	Mr Peter Anderson Director
12/07/2023

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Royal Antediluvian Order of Buffaloes,Grand Lodge of England Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00056223 . The registered office is 3 Pethybridge Road, Ely, Cardiff, South Glamorgan, CF5 4DP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing Balance
Computer Equipment	33% Straight Line Method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 7 (2021: 7)

Page 3

Page 4

Royal Antediluvian Order of Buffaloes,Grand Lodge of England Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2022

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2022	7,335	930	8,265

As at 31 December 2022	7,335	930	8,265

Depreciation
As at 1 January 2022	7,214	481	7,695
Provided during the period	30	306	336

As at 31 December 2022	7,244	787	8,031

Net Book Value
As at 31 December 2022	91	143	234

As at 1 January 2022	121	449	570

5. Stocks

	2022	2021
	£	£
Stock	5,687	5,687

	5,687	5,687

6. Creditors: Amounts Falling Due Within One Year

	2022	2021
	£	£
Bank loans and overdrafts	55	-
Accrued expenses	2,011	1,823

	2,066	1,823

7. Share Capital

	2022		2021
Allotted, Called up and fully paid	267		267

Page 4