REGISTERED NUMBER: 00849548 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wharfedale Masonic Hall Co Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Bleasdale

D A Jones

S M Kearney

R W Naylor

M Thornton

D C Smith

S Brown

J Boothroyd

A Gilliland

D A J Gagen

D J G Pick

M Green

D Marshall

SECRETARY:

D C Smith

REGISTERED OFFICE:

14 Beech Hill

Otley

West Yorkshire

LS21 3AX

REGISTERED NUMBER:

00849548 (England and Wales)

FIXED ASSETS

Tangible assets

4

408,045

414,030

CURRENT ASSETS

Prepayments and accrued income

2,641

3,358

Cash at bank

23,993

33,565

26,634

36,923

CREDITORS

Amounts falling due within one year

5

3,269

5,788

NET CURRENT ASSETS

23,365

31,135

TOTAL ASSETS LESS CURRENT LIABILITIES

431,410

445,165

CAPITAL AND RESERVES

Called up share capital

317,735

317,735

Retained earnings

113,675

127,430

431,410

445,165

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 March 2025 and were signed on its behalf by:

R W Naylor - Director

1.	STATUTORY INFORMATION

Wharfedale Masonic Hall Co Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment.

Cash and cash equivalents comprise cash at bank and on hand.

Trade and other creditors are initially recognised at the transaction price and are thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

370,144

104,050

474,194

Additions

-

3,490

3,490

At 31 December 2024

370,144

107,540

477,684

DEPRECIATION

At 1 January 2024

-

60,164

60,164

Charge for year

-

9,475

9,475

At 31 December 2024

-

69,639

69,639

NET BOOK VALUE

At 31 December 2024

370,144

37,901

408,045

At 31 December 2023

370,144

43,886

414,030

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

293

283

Other creditors

2,976

5,505

3,269

5,788