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REGISTERED NUMBER: 09816783 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MODERANDUM LIMITED

MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


MODERANDUM LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: Ms J D E Bonham Cozens
Mr M J E Bonham Cozens
Ms J Barringer





SECRETARY: Ms J D E Bonham Cozens





REGISTERED OFFICE: The Manor Office
Cheselbourne
Dorchester
Dorset
DT2 7NX





REGISTERED NUMBER: 09816783 (England and Wales)





ACCOUNTANTS: Evans & Co
Manchester House
High Street
Stalbridge
Sturminster Newton
Dorset
DT10 2LL

MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)

ABRIDGED BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,920 17,920
Investments 5 5,675,995 4,367,350
Investment property 6 4,242,500 4,700,000
9,936,415 9,085,270

CURRENT ASSETS
Debtors 37,966 41,330
Cash at bank 439,965 513,105
477,931 554,435
CREDITORS
Amounts falling due within one year 120,897 129,331
NET CURRENT ASSETS 357,034 425,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,293,449

9,510,374

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Share premium 5,338,000 5,338,000
Retained earnings 4,953,449 4,170,374
10,293,449 9,510,374

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.

MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)

ABRIDGED BALANCE SHEET - continued
31 December 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 July 2025 and were signed on its behalf by:





Mr M J E Bonham Cozens - Director


MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Moderandum 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - Straight line over 3 years
Fine art - not provided

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 28,948
DEPRECIATION
At 1 January 2024
and 31 December 2024 11,028
NET BOOK VALUE
At 31 December 2024 17,920
At 31 December 2023 17,920

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 January 2024 4,367,350
Additions 2,025,071
Disposals (897,142 )
Revaluations 180,716
At 31 December 2024 5,675,995
NET BOOK VALUE
At 31 December 2024 5,675,995
At 31 December 2023 4,367,350

MODERANDUM LIMITED (REGISTERED NUMBER: 09816783)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2024 is represented by:
Totals
£   
Valuation in 2016 (17,658 )
Valuation in 2017 (26,555 )
Valuation in 2018 (31,783 )
Valuation in 2019 240,761
Valuation in 2020 117,959
Valuation in 2021 380,822
Valuation in 2022 (510,756 )
Valuation in 2023 165,526
Valuation in 2024 180,716
Cost 5,176,963
5,675,995

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 4,700,000
Disposals (642,928 )
Revaluations 185,428
At 31 December 2024 4,242,500
NET BOOK VALUE
At 31 December 2024 4,242,500
At 31 December 2023 4,700,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2016 (67,414 )
Valuation in 2018 47,484
Valuation in 2019 (229,196 )
Valuation in 2020 (61,001 )
Valuation in 2021 (14,800 )
Valuation in 2022 (17,835 )
Valuation in 2023 (160,000 )
Valuation in 2024 185,428
Cost 4,559,834
4,242,500

The fair value of the investment property has been arrived at on the basis of a valuation determined by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.