REGISTERED NUMBER: 00672072 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ALDERSON HOUSE (WARWICK) LIMITED

Page

Company Information

1

Chairman's Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

R J Wyatt

E B Bear

R A Chapleo

A Chrysanthou

K Holt

A G Kagdadia

K S Sandhu

K W Savage

A Sutton

S L Price

W R Brown

C G Bartholomew

N P H Hunt

D Forsyth

G J Earle

SECRETARY:

R A Chapleo

REGISTERED OFFICE:

Alderson House

23 High Street

Warwick

Warwickshire

CV34 4AX

REGISTERED NUMBER:

00672072 (England and Wales)

ACCOUNTANTS:

Michael Harwood & Co

Chartered Accountants

Greville House

10 Jury Street

Warwick

Warwickshire

CV34 4EW

BANKERS:

HSBC Bank Plc

11 High Street

Warwick

Warwickshire

CV34 4AS

Well, here we go again, writing a report in July that is hopefully relevant when presented with the accounts in November! Attendance is still a problem with some units struggling to make the minimum numbers to operate and run meetings effectively. But I am happy to say theres HAS been some improvement in interest, following the marketing campaign from UGLE and Province. Sadly too late for one of our Lodges, who reluctantly surrendered their warrant.

Private sector functions continue to do well and show a small increase in turnover and profitability. Controlled spending continues, leading to a positive number showing as the end of the year profit.The end of year total is down due to a long overdue review of our book assets and how we manage deprecation of those assets - writing off some very old entries and revamping our procedure for the future.That work will continue into this financial year.

The income from the car park recovered well from the loss of over 20 car park spaces, thanks to the hard work of Katie and Peter in promoting our facilities. We are now full again and have better control of numbers and availability.

During the summer some internal redecorating will have taken place along with a myriad of smaller necessary jobs. The stone facing on the front of the building should also have been revamped. There is still a major spend due on the side elevation where the guttering and downpipes need replacing, but we await a road closure order before we can get on with that. I hope you agree that the building looks splendid both inside and out and we present ourselves well to the public.

We continue to provide services and facilities to some local charities. We showed a record number of people around on the Heritage Open Day and I must say 'thank you' to those volunteers who came and helped. It is always such a good fun day to show off Alderson House and Freemasonry in Warwick.

We are still very keen to improve the expertise of the Board of Directors and the general running of Alderson House. You will see in the accounts bundle the attendance record of some of those serving and it is not great. We have now relaxed the criteria of those eligible to be represented and we now invite Royal Arch Chapters also to appoint a Director If you think it is time for a change to your representation, discuss it now and invite your Director to step down allowing you to appoint some new blood. We have Lodges and Chapters who have not appointed Directors at all. We need help Brethren!

There will be major changes from November as, after many years serving as a Director, Deputy Chair and 15 years as your Chairman, it is time for me to step aside. What a lot of changes we have seen in that time and I thank our Directors and staff for the wonderful support they have given me. It has been a very enjoyable time, not without its challenges and I am certain that my successor will continue to enjoy that support and rise to those challenges.

Thank you to everyone who has helped and supported me along the way. You know who you are!

W.Bro. Steven Price, CM, PPSGW

Chairman

FIXED ASSETS

Tangible assets

4

200,452

212,770

CURRENT ASSETS

Stocks

5,229

5,135

Debtors

5

10,676

14,464

Cash at bank and in hand

76,282

55,639

92,187

75,238

CREDITORS

Amounts falling due within one year

6

29,290

25,223

NET CURRENT ASSETS

62,897

50,015

TOTAL ASSETS LESS CURRENT LIABILITIES

263,349

262,785

PROVISIONS FOR LIABILITIES

7

9,407

11,216

NET ASSETS

253,942

251,569

RESERVES

Income and expenditure account

253,942

251,569

253,942

251,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by:

S L Price - Director

1.	STATUTORY INFORMATION

Alderson House (Warwick) Limited is a private company, limited by guarantee , 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

not provided

Equipment and fixtures

-

5% reducing balance

No depreciation has been provided on freehold property as in the opinion of the directors, the residual value would be sufficiently high to make any depreciation charge immaterial. It is the company's policy to maintain the fabric of its specially adapted building in a satisfactory condition.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

Freehold

and

property

fixtures

Totals

£

£

£

COST

At 1 April 2024

152,000

117,888

269,888

Disposals

-

(29,406

)

(29,406

)

At 31 March 2025

152,000

88,482

240,482

DEPRECIATION

At 1 April 2024

-

57,118

57,118

Charge for year

-

2,554

2,554

Eliminated on disposal

-

(19,642

)

(19,642

)

At 31 March 2025

-

40,030

40,030

NET BOOK VALUE

At 31 March 2025

152,000

48,452

200,452

At 31 March 2024

152,000

60,770

212,770

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,080

6,116

Prepayments and accrued income

8,596

8,348

10,676

14,464

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

6,333

5,969

Tax

1,587

174

Social security and other taxes

-

330

VAT

1,591

2,457

Other creditors

-

840

Accruals and deferred income

19,779

15,453

29,290

25,223

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

9,407

11,216

Deferred

tax

£

Balance at 1 April 2024

11,216

Credit to Statement of Income and Retained Earnings during year

(1,809

)

Balance at 31 March 2025

9,407