Southampton Masonic Hall Company Limited 00012301 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is provision of premises and facilities for the use of Masonic organisations Digita Accounts Production Advanced 6.30.9574.0 true true 00012301 2023-01-01 2023-12-31 00012301 2023-12-31 00012301 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2023-12-31 00012301 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 00012301 core:FurnitureFittingsToolsEquipment 2023-12-31 00012301 core:LandBuildings 2023-12-31 00012301 bus:SmallEntities 2023-01-01 2023-12-31 00012301 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 00012301 bus:FullAccounts 2023-01-01 2023-12-31 00012301 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 00012301 bus:RegisteredOffice 2023-01-01 2023-12-31 00012301 bus:Director1 2023-01-01 2023-12-31 00012301 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00012301 core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 00012301 core:LandBuildings 2023-01-01 2023-12-31 00012301 countries:EnglandWales 2023-01-01 2023-12-31 00012301 2022-12-31 00012301 core:FurnitureFittingsToolsEquipment 2022-12-31 00012301 core:LandBuildings 2022-12-31 00012301 2022-01-01 2022-12-31 00012301 2022-12-31 00012301 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 00012301 core:FurnitureFittingsToolsEquipment 2022-12-31 00012301 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 00012301

Southampton Masonic Hall Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

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