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REGISTERED NUMBER: 00136809 (England and Wales)














LUTON MASONIC HALL COMPANY LIMITED (THE)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LUTON MASONIC HALL COMPANY LIMITED (THE)

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: K W Garrett
C C Bridge
W Miller
J Pinnock
P G Bryce
T R Fuller
K W Harradine
J R Kane
M J Robinson
B Keech
K R Webb
G E Warren
J D Lalji
D J Dibley
N Thrale





SECRETARY: C C Bridge





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 00136809 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

STATEMENT OF FINANCIAL POSITION
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 604,820 625,393

CURRENT ASSETS
Stocks 6,021 6,167
Debtors 6 40,288 39,998
Cash at bank and in hand 146,767 142,471
193,076 188,636
CREDITORS
Amounts falling due within one year 7 33,666 22,533
NET CURRENT ASSETS 159,410 166,103
TOTAL ASSETS LESS CURRENT
LIABILITIES

764,230

791,496

CREDITORS
Amounts falling due after more than one
year

8

5,350

5,350
NET ASSETS 758,880 786,146

CAPITAL AND RESERVES
Called up, paid and allotted share capital 34,710 34,710
Capital reserve 9 25,717 25,717
Other reserves 9 116,512 115,004
Retained earnings 9 581,941 610,715
SHAREHOLDERS' FUNDS 758,880 786,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

STATEMENT OF FINANCIAL POSITION - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:





K W Harradine - Director


LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Luton Masonic Hall Company Limited (The) is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants are recognised using the performance model and are recognised in other income when the grants proceeds are received or receivable.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 20 ) .

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 1,013,403 78,516 41,470 10,127 1,143,516
Additions - 450 - - 450
Disposals - (325 ) - - (325 )
At 31 December 2023 1,013,403 78,641 41,470 10,127 1,143,641
DEPRECIATION
At 1 January 2023 407,778 65,973 35,040 9,332 518,123
Charge for year 16,266 3,780 646 330 21,022
Eliminated on disposal - (324 ) - - (324 )
At 31 December 2023 424,044 69,429 35,686 9,662 538,821
NET BOOK VALUE
At 31 December 2023 589,359 9,212 5,784 465 604,820
At 31 December 2022 605,625 12,543 6,430 795 625,393

Included in cost of land and buildings is freehold land of £ 200,000 (2022 - £ 200,000 ) which is not depreciated.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 36,028 35,451
Other debtors 4,260 4,547
40,288 39,998

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 14,754 7,841
Taxation and social security 5,576 7,328
Other creditors 13,336 7,364
33,666 22,533

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 5,350 5,350

LUTON MASONIC HALL COMPANY LIMITED (THE) (REGISTERED NUMBER: 00136809)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

9. RESERVES
Retained Capital Other
earnings reserve reserves Totals
£    £    £    £   

At 1 January 2023 610,715 25,717 115,004 751,436
Deficit for the year (27,266 ) (27,266 )
Legacy fund transfer (1,508 ) - 1,508 -
At 31 December 2023 581,941 25,717 116,512 724,170

Other reserves comprise a Legacy Reserve to recognise a legacy received from Hugh Weir in 2010. Following the repayment of the property mortgage the directors wish to hold and utilise these remaining legacy funds for the future refurbishment of the freehold property or any other capital works thereon. Interest received on funds held from this legacy are transferred annually from the general profit and loss account to this Legacy Reserve.