Registration number: 00012301

Southampton Masonic Hall Company Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Southampton Masonic Hall Company Limited

(Registration number: 00012301)
Balance Sheet as at 31 December 2023

	Note	2023 £	2022 £
Fixed assets
Tangible assets	4	147,580.00	160,322.00
Other financial assets	5	250.00	250.00
		147,830.00	160,572.00
Current assets
Cash at bank and in hand		69,375.00	65,050.00
Creditors: Amounts falling due within one year	6	-11,997.00	-11,956.00
Net current assets		57,378.00	53,094.00
Net assets		205,208.00	213,666.00
Capital and reserves
Called up share capital		50,097.00	50,097.00
Revaluation reserve		91,656.00	91,656.00
Retained earnings		63,455.00	71,913.00
Shareholders' funds		205,208.00	213,666.00

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 April 2024 and signed on its behalf by:
 

......................................... B R Girdlestone Director

Southampton Masonic Hall Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Albion Place
Southampton
SO14 2DD

These financial statements were authorised for issue by the Board on 2 April 2024.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Southampton Masonic Hall Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

Southampton Masonic Hall Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2023	151,786.00	221,541.00	373,327.00
At 31 December 2023	151,786.00	221,541.00	373,327.00
Depreciation
At 1 January 2023	60,557.00	152,448.00	213,005.00
Charge for the year	2,035.00	10,707.00	12,742.00
At 31 December 2023	62,592.00	163,155.00	225,747.00
Carrying amount
At 31 December 2023	89,194.00	58,386.00	147,580.00
At 31 December 2022	91,229.00	69,093.00	160,322.00

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2023	250.00	250.00
At 31 December 2023	250.00	250.00
Impairment
Carrying amount
At 31 December 2023	250.00	250.00

6

Creditors

Creditors: amounts falling due within one year

Southampton Masonic Hall Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

	2023 £	2022 £
Due within one year
Accruals and deferred income	7,321.00	7,000.00
Other creditors	4,676.00	4,956.00
	11,997.00	11,956.00