1 September 2023 v2025.63.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP009130622023-09-012024-12-31009130622024-12-31009130622023-08-3100913062core:WithinOneYear2024-12-3100913062core:WithinOneYear2023-08-3100913062core:AfterOneYear2024-12-3100913062core:AfterOneYear2023-08-3100913062core:ShareCapital2024-12-3100913062core:ShareCapital2023-08-3100913062core:RetainedEarningsAccumulatedLosses2024-12-3100913062core:RetainedEarningsAccumulatedLosses2023-08-3100913062bus:Director12023-09-012024-12-3100913062bus:RegisteredOffice2023-09-012024-12-3100913062core:LandBuildings2023-09-012024-12-3100913062core:PlantMachinery2023-09-012024-12-31009130622022-09-012023-08-3100913062core:LandBuildings2023-09-0100913062core:PlantMachinery2023-09-01009130622023-09-0100913062core:LandBuildings2024-12-3100913062core:PlantMachinery2024-12-3100913062core:LandBuildings2023-08-3100913062core:PlantMachinery2023-08-310091306212023-09-012024-12-3100913062countries:EnglandWales2023-09-012024-12-3100913062bus:AuditExempt-NoAccountantsReport2023-09-012024-12-3100913062bus:PrivateLimitedCompanyLtd2023-09-012024-12-3100913062bus:SmallEntities2023-09-012024-12-3100913062bus:FullAccounts2023-09-012024-12-3100913062bus:Director22023-09-012024-12-31
Company registration number:
00913062
Audenshaw Masonic Hall Limited
Unaudited Filleted Financial Statements for the period ended
31 December 2024
Audenshaw Masonic Hall Limited
Statement of Financial Position
31 December 2024
31 Dec 202431 Aug 2023
Note££
Fixed assets    
Tangible assets 5
814,055
 
823,379
 
Current assets    
Stocks
7,011
 
7,011
 
Debtors 6
32,240
 
25,351
 
Cash at bank and in hand
15,389
 
6,956
 
54,640
 
39,318
 
Creditors: amounts falling due within one year 7
(65,673
 )
(41,897
 )
Net current liabilities
(11,033
 )
(2,579
 )
Total assets less current liabilities 803,022   820,800  
Creditors: amounts falling due after more than one year 8
(66,150
 )
(68,950
 )
Provisions for liabilities
(49,380
 )
(49,380
 )
Net assets
687,492
 
702,470
 
Capital and reserves    
Called up share capital
69,528
 
69,508
 
Profit and loss account
617,964
 
632,962
 
Shareholders funds
687,492
 
702,470
 
For the period ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
26 September 2025
, and are signed on behalf of the board by:
B Leech
Director
Company registration number:
00913062
Audenshaw Masonic Hall Limited
Notes to the Financial Statements
Period ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Nr Manchester
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
1% straight line
Plant and machinery
10% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the period was
11
(2023:
12.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 September 2023
835,602
 
58,544
 
894,146
 
Additions -  
6,088
 
6,088
 
At
31 December 2024
835,602
 
64,632
 
900,234
 
Depreciation      
At
1 September 2023
50,136
 
20,631
 
70,767
 
Charge
11,141
 
4,271
 
15,412
 
At
31 December 2024
61,277
 
24,902
 
86,179
 
Carrying amount      
At
31 December 2024
774,325
 
39,730
 
814,055
 
At 31 August 2023
785,466
 
37,913
 
823,379
 

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:
Land and buildingsLand and buildings
31 Dec 202431 Aug 2023
££
Aggregate historical cost 91,357   91,357  
Aggregate depreciation (58,492 ) (41,780 )
Carrying amount 32,865   49,577  

Investment property

6 Debtors

31 Dec 202431 Aug 2023
££
Trade debtors
2,869
 
12,818
 
Other debtors
29,371
 
12,533
 
32,240
 
25,351
 

7 Creditors: amounts falling due within one year

31 Dec 202431 Aug 2023
££
Bank loans and overdrafts -  
(1
 )
Trade creditors
12,415
 
10,317
 
Taxation and social security
10,010
 
5,733
 
Other creditors
43,248
 
25,848
 
65,673
 
41,897
 

8 Creditors: amounts falling due after more than one year

31 Dec 202431 Aug 2023
££
Other creditors
66,150
 
68,950
 
The total amount secured on the assets of the company was £48,500 (2023 £52,500)

9 Controlling party

There is no overall control by any single or group of parties