Company Registration No. 04189879 (England and Wales)
The Medieval Siege Society Limited
Unaudited accounts
for the year ended 29 February 2024
The Medieval Siege Society Limited
Unaudited accounts
Contents
The Medieval Siege Society Limited
Company Information
for the year ended 29 February 2024
Directors
V Bennett
R E Hough
Company Number
04189879 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
The Medieval Siege Society Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
7,809
7,172
Creditors: amounts falling due within one year
(504)
(504)
Net current assets
7,339
6,701
Profit and loss account
7,339
7,416
Members' funds
7,339
7,416
For the year ending 29 February 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by
V Bennett
Director
Company Registration No. 04189879
The Medieval Siege Society Limited
Notes to the Accounts
for the year ended 29 February 2024
The Medieval Siege Society Limited is a private company, limited by guarantee, registered in England and Wales, registration number 04189879. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance basis
Fixtures & fittings
25% reducing balance basis
The company meets the requirements of HMRC to be exempt from Corporation Tax and therefore any surplus generated is not subject to Corporation Tax.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
4,260
830
5,090
Disposals
(4,260)
(216)
(4,476)
At 29 February 2024
-
614
614
At 1 March 2023
3,546
829
4,375
On disposals
(3,546)
(215)
(3,761)
At 29 February 2024
-
614
614
At 28 February 2023
714
1
715
The Medieval Siege Society Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
34
33
6
Creditors: amounts falling due within one year
2024
2023
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).