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REGISTERED NUMBER: 01218535 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 June 2024

for

Yenton Assembly Rooms Limited

Yenton Assembly Rooms Limited (Registered number: 01218535)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Yenton Assembly Rooms Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J W Davis
S S Sehra
S R Townsend
K J Pegg
S E W Tranter
D A N Gibbons
C Foster





SECRETARY: S E W Tranter





REGISTERED OFFICE: 73 Gravelly Hill North
Erdington
Birmingham
B23 6BJ





REGISTERED NUMBER: 01218535 (England and Wales)





ACCOUNTANTS: David Evans & Co
Stowegate House
Lombard Street
Lichfield
Staffordshire
WS13 6DP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Yenton Assembly Rooms Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yenton Assembly Rooms Limited for the year ended 30 June 2024 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Yenton Assembly Rooms Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yenton Assembly Rooms Limited and state those matters that we have agreed to state to the Board of Directors of Yenton Assembly Rooms Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yenton Assembly Rooms Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yenton Assembly Rooms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yenton Assembly Rooms Limited. You consider that Yenton Assembly Rooms Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yenton Assembly Rooms Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






David Evans & Co
Stowegate House
Lombard Street
Lichfield
Staffordshire
WS13 6DP


31 October 2024

Yenton Assembly Rooms Limited (Registered number: 01218535)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 141,572 137,557

CURRENT ASSETS
Debtors 5 23,493 15,805
Cash at bank and in hand 18,554 13,910
42,047 29,715
CREDITORS
Amounts falling due within one year 6 (20,650 ) (14,208 )
NET CURRENT ASSETS 21,397 15,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,969

153,064

CREDITORS
Amounts falling due after more than
one year

7

(26,500

)

(36,500

)
NET ASSETS 136,469 116,564

RESERVES
Retained earnings 136,469 116,564
136,469 116,564

Yenton Assembly Rooms Limited (Registered number: 01218535)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





S E W Tranter - Director


Yenton Assembly Rooms Limited (Registered number: 01218535)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Yenton Assembly Rooms Limited is a private company, limited by guarantee , 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 0% straight line
Fixtures and fittings - 10% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Yenton Assembly Rooms Limited (Registered number: 01218535)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Grants
Grants received which do not have any performance conditions and are designed to provide immediate financial effect are recognised as income once the entity is satisfied it has entitlement to the grants.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 July 2023 85,108 133,504 218,612
Additions - 10,288 10,288
At 30 June 2024 85,108 143,792 228,900
DEPRECIATION
At 1 July 2023 - 81,055 81,055
Charge for year - 6,273 6,273
At 30 June 2024 - 87,328 87,328
NET BOOK VALUE
At 30 June 2024 85,108 56,464 141,572
At 30 June 2023 85,108 52,449 137,557

During the current and previous years it was deemed that depreciation should not be charged on the freehold property as the current market value is far in excess of the historical cost.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,126 5,910
Other debtors 1,367 9,895
23,493 15,805

Yenton Assembly Rooms Limited (Registered number: 01218535)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,165 1,530
Taxation and social security 569 138
Other creditors 17,916 12,540
20,650 14,208

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Warwickshire Masonic Heritage
Fund 26,500 30,500
Loans from Orders - 6,000
26,500 36,500

Interest is chargeable at 0.5% below the base rate on the loans from the Warwickshire Masonic Heritage Fund.

8. RELATED PARTY DISCLOSURES

The company's members are also members of various Masonic Lodges/Degrees with whom the company does business.

The company was in receipt of rents and registration fees for the year from Masonic Orders and the Warwickshire PGL Provincial Office amounting to £46,652 (2023 - £46,635).