REGISTERED NUMBER: 00136809 (England and Wales)

LUTON MASONIC HALL COMPANY LIMITED (THE)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K W Garrett

C C Bridge

J Pinnock

P G Bryce

T R Fuller

K W Harradine

J R Kane

M J Robinson

B Keech

G E Warren

J D Lalji

N Thrale

A M Oxley

N G Brown

SECRETARY:

C C Bridge

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

00136809 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

594,985

604,820

CURRENT ASSETS

Stocks

5,137

6,021

Debtors

6

38,612

40,288

Cash at bank and in hand

140,402

146,767

184,151

193,076

CREDITORS

Amounts falling due within one year

7

22,764

33,666

NET CURRENT ASSETS

161,387

159,410

TOTAL ASSETS LESS CURRENT LIABILITIES

756,372

764,230

CREDITORS

Amounts falling due after more than one year

8

5,350

5,350

NET ASSETS

751,022

758,880

CAPITAL AND RESERVES

Called up, paid and allotted share capital

36,610

34,710

Capital reserve

9

25,717

25,717

Other reserves

9

116,512

116,512

Retained earnings

9

572,183

581,941

SHAREHOLDERS' FUNDS

751,022

758,880

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 24 July 2025 and were signed on its behalf by:

K W Harradine - Director

1.	STATUTORY INFORMATION

Luton Masonic Hall Company Limited (The) 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, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Freehold property

-

2% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

25% on cost

Stocks

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

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.

Government grants

Government grants are recognised using the performance model and are recognised in other income when the grants proceeds are received or receivable.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

1,013,403

78,641

41,470

10,127

1,143,641

Additions

-

11,477

725

-

12,202

At 31 December 2024

1,013,403

90,118

42,195

10,127

1,155,843

DEPRECIATION

At 1 January 2024

424,044

69,429

35,686

9,662

538,821

Charge for year

16,266

4,759

673

339

22,037

At 31 December 2024

440,310

74,188

36,359

10,001

560,858

NET BOOK VALUE

At 31 December 2024

573,093

15,930

5,836

126

594,985

At 31 December 2023

589,359

9,212

5,784

465

604,820

Included in cost of land and buildings is freehold land of £ 200,000 (2023 - £ 200,000 ) which is not depreciated.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

32,723

36,028

Other debtors

5,889

4,260

38,612

40,288

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

9,785

14,754

Taxation and social security

7,030

5,576

Other creditors

5,949

13,336

22,764

33,666

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

5,350

5,350

9.

RESERVES

Retained

Capital

Other

earnings

reserve

reserves

Totals

£

£

£

£

At 1 January 2024

581,941

25,717

116,512

724,170

Deficit for the year

(9,758

)

(9,758

)

At 31 December 2024

572,183

25,717

116,512

714,412

Other reserves comprise a Legacy Reserve to recognise a legacy received from Hugh Weir in 2010. Following the repayment of the property mortgage the directors wish to hold and utilise these remaining legacy funds for the future refurbishment of the freehold property or any other capital works thereon. Interest received on funds held from this legacy are transferred annually from the general profit and loss account to this Legacy Reserve.