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REGISTERED NUMBER: 00173557 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

SWINTON MASONIC HALL COMPANY LIMITED

SWINTON MASONIC HALL COMPANY LIMITED (REGISTERED NUMBER: 00173557)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SWINTON MASONIC HALL COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: G Lord
D Taylor
C Lindsay
C J MacCormac
G Young
N Rotherforth
J Irving
J Neal
N R Henstock
S D Linstead





REGISTERED OFFICE: 63 Station Street
Swinton
Mexborough
South Yorkshire
S64 8PZ





REGISTERED NUMBER: 00173557 (England and Wales)





ACCOUNTANTS: Leesing Marrison Lee & Co
Chartered Certified Accountants
46 Main Street
Mexborough
South Yorkshire
S64 9DU

SWINTON MASONIC HALL COMPANY LIMITED (REGISTERED NUMBER: 00173557)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 215,296 216,996

CURRENT ASSETS
Stocks 1,501 2,025
Debtors 5 5,452 2,066
Cash at bank and in hand 37,074 26,478
44,027 30,569
CREDITORS
Amounts falling due within one year 6 3,484 4,950
NET CURRENT ASSETS 40,543 25,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,839

242,615

CREDITORS
Amounts falling due after more than one
year

7

58,600

58,600
NET ASSETS 197,239 184,015

CAPITAL AND RESERVES
Called up share capital 8,550 8,550
Share premium 24,150 24,150
Revaluation reserve 8 34,412 34,412
Retained earnings 130,127 116,903
SHAREHOLDERS' FUNDS 197,239 184,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 23rd September 2024 and were signed on its behalf by:



G Lord - Director


SWINTON MASONIC HALL COMPANY LIMITED (REGISTERED NUMBER: 00173557)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Swinton Masonic Hall Company Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net income from operation of the company's premises.

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 - not provided
Fixtures and fittings - 10% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

SWINTON MASONIC HALL COMPANY LIMITED (REGISTERED NUMBER: 00173557)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 200,000 50,010 250,010
DEPRECIATION
At 1st April 2023 - 33,014 33,014
Charge for year - 1,700 1,700
At 31st March 2024 - 34,714 34,714
NET BOOK VALUE
At 31st March 2024 200,000 15,296 215,296
At 31st March 2023 200,000 16,996 216,996

The directors consider that freehold property is maintained such that its residual value is at least equal to the net book value. As a result the corresponding depreciation would not be matrial and is not charged in the profit and loss account. The directors perform reviews in accordance with the requirements of FRS102 to ensure that carrying value is not lower than the recoverable amount.

Cost or valuation at 31st March 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 1990 40,000 - 40,000
Valuation in 2021 70,486 - 70,486
Cost 89,514 50,010 139,524
200,000 50,010 250,010

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,914 176
Other debtors 1,538 1,890
5,452 2,066

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,314 2,607
Tax 415 358
Accrued expenses 1,755 1,985
3,484 4,950

SWINTON MASONIC HALL COMPANY LIMITED (REGISTERED NUMBER: 00173557)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Rockingham Lodge 29,300 29,300
Gothic Lodge 29,300 29,300
58,600 58,600

The accounts have been prepared under the going concern basis on the assumption that the company will continue to receive the support of its principal creditors.

8. RESERVES
Revaluation
reserve
£   
At 1st April 2023
and 31st March 2024 34,412

9. RELATED PARTY DISCLOSURES

The principal shareholders are Rockingham Masonic Lodge and Gothic Masonic Lodge who have nominee representatives as board members.
During the year the company entered into various transactions with lodges who are the principal tenants of the company's freehold property, and some of whose members are directors:-

Rent received during the year
2024 2023
£ £
Rockingham Masonic Lodge 3,296 3,611
Gothic Masonic Lodge 3,914 3,193
Gothic Mark 704 704
Rockingham Chapter 836 903
Fairways Lodge Nil Nil
Red Cross of Constantine 286 296
De Furnival 229 352
Bishops Blaize Nil Nil
Tapton Council 365 120

The following amounts were due from these lodges at the year end and are included in trade debtors, as well as the amounts identified in note 8.

2024 2023
£ £
De Furnival Nil 176
Gothic Masonic Lodge 3,914 Nil


10. ULTIMATE CONTROLLING PARTY

The company is controlled by its shareholders, no individual person has ultimate control.