IRIS Accounts Production v23.3.1.45 01719147 Board of Directors 1.8.22 31.7.23 31.7.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017191472022-07-31017191472023-07-31017191472022-08-012023-07-31017191472021-07-31017191472021-08-012022-07-31017191472022-07-3101719147ns10:Originalns15:EnglandWales2022-08-012023-07-3101719147ns14:PoundSterlingns10:Original2022-08-012023-07-3101719147ns10:Originalns10:Director12022-08-012023-07-3101719147ns10:Original2022-08-012023-07-3101719147ns10:Original2023-07-3101719147ns10:Originalns10:CompanyLimitedByGuarantee2022-08-012023-07-3101719147ns10:Originalns10:SmallEntities2022-08-012023-07-3101719147ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3101719147ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3101719147ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3101719147ns10:Originalns10:FullAccounts2022-08-012023-07-3101719147ns10:Original2021-08-012022-07-3101719147ns10:Originalns10:Director22022-08-012023-07-3101719147ns10:Originalns10:Director32022-08-012023-07-3101719147ns10:Originalns10:Director42022-08-012023-07-3101719147ns10:Originalns10:Director52022-08-012023-07-3101719147ns10:Originalns10:Director62022-08-012023-07-3101719147ns10:Originalns10:Director72022-08-012023-07-3101719147ns10:Director8ns10:Original2022-08-012023-07-3101719147ns10:CompanySecretary1ns10:Original2022-08-012023-07-3101719147ns10:Originalns10:RegisteredOffice2022-08-012023-07-3101719147ns10:Original2022-07-3101719147ns10:Originalns5:CurrentFinancialInstruments2023-07-3101719147ns10:Originalns5:CurrentFinancialInstruments2022-07-3101719147ns10:Originalns5:RevaluationReserve2023-07-3101719147ns10:Originalns5:RevaluationReserve2022-07-3101719147ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3101719147ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3101719147ns10:Originalns5:LandBuildings2022-07-3101719147ns10:Originalns5:LeaseholdImprovements2022-07-3101719147ns10:Originalns5:PlantMachinery2022-07-3101719147ns10:Originalns5:FurnitureFittings2022-07-3101719147ns10:Original2022-07-3101719147ns10:Originalns5:LandBuildings2022-08-012023-07-3101719147ns10:Originalns5:LeaseholdImprovements2022-08-012023-07-3101719147ns10:Originalns5:PlantMachinery2022-08-012023-07-3101719147ns10:Originalns5:FurnitureFittings2022-08-012023-07-3101719147ns10:Originalns5:LandBuildings2023-07-3101719147ns10:Originalns5:LeaseholdImprovements2023-07-3101719147ns10:Originalns5:PlantMachinery2023-07-3101719147ns10:Originalns5:FurnitureFittings2023-07-3101719147ns10:Originalns5:LandBuildings2022-07-3101719147ns10:Originalns5:LeaseholdImprovements2022-07-3101719147ns10:Originalns5:PlantMachinery2022-07-3101719147ns10:Originalns5:FurnitureFittings2022-07-3101719147ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3101719147ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 01719147 (England and Wales)















Financial Statements For The Year Ended 31st July 2023

for

Maidstone Masonic Centre Limited

Maidstone Masonic Centre Limited (Registered number: 01719147)

Contents of the Financial Statements
For The Year Ended 31st July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Maidstone Masonic Centre Limited

Company Information
For The Year Ended 31st July 2023







DIRECTORS: P J Sayer
B D Silver
D W Clements
P J Floyd
P Martin
P Hazelwood
R M Stille
J I Knox





SECRETARY: D W Clements





REGISTERED OFFICE: Cornwallis Suite
Courtenay Road
Maidstone
Kent
ME15 6LF





REGISTERED NUMBER: 01719147 (England and Wales)





ACCOUNTANTS: Beak Kemmenoe
Chartered Accountants
1-3 Manor Road
Chatham
Kent
ME4 6AE

Maidstone Masonic Centre Limited (Registered number: 01719147)

Balance Sheet
31st July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 698,834 709,512

CURRENT ASSETS
Debtors 5 2,718 3,776
Cash at bank 137,513 145,323
140,231 149,099
CREDITORS
Amounts falling due within one year 6 8,063 6,805
NET CURRENT ASSETS 132,168 142,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

831,002

851,806

RESERVES
Revaluation reserve 351,645 351,645
Income and expenditure account 479,357 500,161
831,002 851,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 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 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 8th January 2024 and were signed on its behalf by:





P J Floyd - Director


Maidstone Masonic Centre Limited (Registered number: 01719147)

Notes to the Financial Statements
For The Year Ended 31st July 2023


1. STATUTORY INFORMATION

Maidstone Masonic Centre 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 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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents contributions from lodges and chapters, franchise fees and other miscellaneous income, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property50 years straight line on buildings
Air conditioning system10 years straight line
Bar/kitchen refurbishment7 years straight line
Furniture & fittings4 to 10 years straight line

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Air
Freehold conditioning Bar/kitchen Furniture
property system refurbishment & fittings Totals
£    £    £    £    £   
COST
At 1st August 2022
and 31st July 2023 946,291 31,502 135,244 118,357 1,231,394
DEPRECIATION
At 1st August 2022 266,291 31,501 135,243 88,847 521,882
Charge for year 8,500 - - 2,178 10,678
At 31st July 2023 274,791 31,501 135,243 91,025 532,560
NET BOOK VALUE
At 31st July 2023 671,500 1 1 27,332 698,834
At 31st July 2022 680,000 1 1 29,510 709,512

Included in cost of land and buildings is freehold land of £ 521,291 (2022 - £ 521,291 ) which is not depreciated.

Maidstone Masonic Centre Limited (Registered number: 01719147)

Notes to the Financial Statements - continued
For The Year Ended 31st July 2023


4. TANGIBLE FIXED ASSETS - continued

The freehold land and buildings were revalued by independent chartered surveyors in April 2013.

This value has been adopted as deemed cost of the assets concerned on transition to FRS102 section 1A.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,241 3,326
Prepayments and accrued income 477 450
2,718 3,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 8,063 6,805

7. LIMITED BY GUARANTEE

The company is limited by guarantee, not having a share capital. The liability of each member to contribute to a deficiency in the event of the company being wound up is limited to one pound.