Company registration number 00375483 (England and Wales)
Pontefract Masonic Hall Company Limited
Unaudited
financial statements
for the year ended 31 December 2023
PAGES FOR FILING WITH REGISTRAR
Pontefract Masonic Hall Company Limited
Company information
Directors
P Levey (Treasurer and Chairman)
T Dragisic
M Stephen
A Weston
I McAlesse
(Appointed 10 March 2023)
G Blackman
(Appointed 31 July 2023)
I Dolman
(Appointed 20 January 2023)
Secretary
Mr G L Blackman
Company number
00375483
Registered office
The Masonic Lodge
1 Ackworth Road
Pontefract
West Yorkshire
WF8 3PA
Accountants
B M Howarth Ltd
Metic House
Ripley Drive
Normanton
West Yorkshire
WF6 1QT
Bankers
Yorkshire Bank
Ropergate
Pontefract
West Yorkshire
WF8 1LQ
Pontefract Masonic Hall Company Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Pontefract Masonic Hall Company Limited
Statement of financial position
as at 31 December 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,500,000
1,500,000
Current assets
Cash at bank and in hand
1,212
7,879
Creditors: amounts falling due within one year
(9,773)
(18,865)
Net current liabilities
(8,561)
(10,986)
Total assets less current liabilities
1,491,439
1,489,014
Provisions for liabilities
4
(373,308)
(373,308)
Net assets
1,118,131
1,115,706
Capital and reserves
Called up share capital
5
6,332
6,332
Revaluation reserve
6
1,119,923
1,119,923
Profit and loss reserves
(8,124)
(10,549)
Total equity
1,118,131
1,115,706
Pontefract Masonic Hall Company Limited
Statement of financial position (continued)
as at 31 December 2023
31 December 2023
- 2 -
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 24 June 2024 and are signed on its behalf by:
G Blackman
Director
Company registration number 00375483 (England and Wales)
Pontefract Masonic Hall Company Limited
Notes to the financial statements
for the year ended 31 December 2023
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts and is recognised at point of sale.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
No depreciation is provided on freehold land and buildings because it is the practice to maintain the assets in a continual state of sound repair. Accordingly the lives are so long and the residual values so high that their depreciation is insignificant.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2022 - 3).
3
Tangible fixed assets
Total
£
Cost
At 1 January 2023 and 31 December 2023
1,500,000
Depreciation and impairment
At 1 January 2023 and 31 December 2023
Carrying amount
At 31 December 2023
1,500,000
At 31 December 2022
1,500,000
The property was revalued by the directors of the company in 2022 to estimated market value. The historic cost of the property at 31 December 2022 was £6,770.
4
Provisions for liabilities
2023
2022
£
£
Deferred tax on property revaluation
373,308
373,308
Pontefract Masonic Hall Company Limited
Notes to the financial statements (continued)
for the year ended 31 December 2023
- 4 -
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
3,000 shares of £1 each
3,000
3,000
Capital reserve
1,332
1,332
Special reserve
2,000
2,000
6,332
6,332
6
Revaluation reserve
2023
2022
£
£
At the beginning of the year
1,119,923
Property revaluation
-
1,119,923
At the end of the year
1,119,923
1,119,923
7
Company information
Pontefract Masonic Hall Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Masonic Lodge, 1 Ackworth Road, Pontefract, West Yorkshire.