Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 03673168 Mr H Bishop Mr J Bridgeman Mr J C Comley Mr M J Hilsdon Mr A Hopgood Mr I R Hopgood Mr R J Mole Mr J Portlock Mr M S Reid Mr A Hopgood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03673168 2022-11-30 03673168 2023-11-30 03673168 2022-12-01 2023-11-30 03673168 frs-core:CurrentFinancialInstruments 2023-11-30 03673168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 03673168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 03673168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 03673168 frs-core:RevaluationReserve 2022-11-30 03673168 frs-core:RevaluationReserve 2023-11-30 03673168 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 03673168 frs-bus:CompanyLimitedByGuarantee 2022-12-01 2023-11-30 03673168 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 03673168 frs-bus:SmallEntities 2022-12-01 2023-11-30 03673168 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 03673168 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 03673168 frs-bus:Director1 2022-12-01 2023-11-30 03673168 frs-bus:Director2 2022-12-01 2023-11-30 03673168 frs-bus:Director3 2022-12-01 2023-11-30 03673168 frs-bus:Director4 2022-12-01 2023-11-30 03673168 frs-bus:Director5 2022-12-01 2023-11-30 03673168 frs-bus:Director6 2022-12-01 2023-11-30 03673168 frs-bus:Director7 2022-12-01 2023-11-30 03673168 frs-bus:Director8 2022-12-01 2023-11-30 03673168 frs-bus:Director9 2022-12-01 2023-11-30 03673168 frs-bus:CompanySecretary1 2022-12-01 2023-11-30 03673168 frs-countries:EnglandWales 2022-12-01 2023-11-30 03673168 2021-11-30 03673168 2022-11-30 03673168 2021-12-01 2022-11-30 03673168 frs-core:CurrentFinancialInstruments 2022-11-30 03673168 frs-core:RevaluationReserve 2022-11-30 03673168 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 03673168
Faringdon Masonic Centre Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03673168
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,825 14,401
13,825 14,401
CURRENT ASSETS
Debtors 5 - 3,500
Cash at bank and in hand 39,159 50,186
39,159 53,686
Creditors: Amounts Falling Due Within One Year 6 (26,856 ) (8,238 )
NET CURRENT ASSETS (LIABILITIES) 12,303 45,448
TOTAL ASSETS LESS CURRENT LIABILITIES 26,128 59,849
NET ASSETS 26,128 59,849
RESERVES
Revaluation reserve 7 30,516 30,516
Income and Expenditure Account (4,388 ) 29,333
MEMBERS' FUNDS 26,128 59,849
Page 1
Page 2
For the year ending 30 November 2023 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 Income and Expenditure Account.
On behalf of the board
Mr H Bishop
Director
Mr I R Hopgood
Director
8 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Faringdon Masonic Centre Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 03673168 . The registered office is 61 Gloucester Street, Faringdon, Oxfordshire, SN7 7JA.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary 
amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
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.
2.4. 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:
Freehold 2% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2022: 9)
9 9
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 December 2022 28,824
As at 30 November 2023 28,824
Depreciation
As at 1 December 2022 14,423
Provided during the period 576
As at 30 November 2023 14,999
Net Book Value
As at 30 November 2023 13,825
As at 1 December 2022 14,401
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 3,500
- 3,500
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,478 675
Accruals and deferred income 10,357 7,542
Directors' loan accounts 21 21
26,856 8,238
7. Reserves
Revaluation Reserve
£
As at 1 December 2022 30,516
As at 30 November 2023 30,516
8. 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.
Page 4