| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED (REGISTERED NUMBER: 02859595) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 35 Wilkinson Street |
| Sheffield |
| South Yorkshire |
| S10 2GB |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED (REGISTERED NUMBER: 02859595) |
| BALANCE SHEET |
| 31 DECEMBER 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| RESERVES |
| Income and expenditure account |
| 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 surplus or deficit 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 SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED (REGISTERED NUMBER: 02859595) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED (REGISTERED NUMBER: 02859595) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 1. | STATUTORY INFORMATION |
| The Sheffield and District Society of Model and Experimental Engineers Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover comprises members subscriptions, donations and net receipts for train rides, catering and related activities, excluding Value Added tax. |
| Subscriptions are included on the basis of cash received during the year, with no provision for subscriptions in arrears or expired. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| THE SHEFFIELD AND DISTRICT SOCIETY OF |
| MODEL AND EXPERIMENTAL ENGINEERS LIMITED (REGISTERED NUMBER: 02859595) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2024 |
| Additions |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 January 2024 |
| Charge for year |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | LIMITED BY GUARANTEE |
| The company is limited by the guarantee of every member to contribute such an amount as may be required up to a maximum of £10 each. |