ACCOUNTS - Final Accounts

Registered number: 00634452

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2025

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 00634452

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

FIXED ASSETS
Tangible assets	4		672,891		611,935
Investments	5		143		143
Investment property	6		4,222,500		4,222,500
			4,895,534		4,834,578
CURRENT ASSETS
Stocks		325		433
Debtors: amounts falling due within one year	7	143,654		140,491
Cash at bank and in hand		973,262		1,089,100
		1,117,241		1,230,024
Creditors: amounts falling due within one year	8	(150,560)		(196,917)
NET CURRENT ASSETS			966,681		1,033,107
TOTAL ASSETS LESS CURRENT LIABILITIES			5,862,215		5,867,685
Deferred tax	9		(677,359)		(677,359)
NET ASSETS			5,184,856		5,190,326

CAPITAL AND RESERVES
General fund	119	119
Revaluation reserve	342,218	344,235
Investment property revaluation reserve	2,271,119	2,271,119
Donations received	81,047	81,047
Profit and loss account	2,490,353	2,493,806
	5,184,856	5,190,326

Page 1

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 00634452

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J R Sherriff

Director

Date: 23 June 2026

The notes on pages 4 to 11 form part of these financial statements.

Page 2


		CAMBRIDGE MASONIC HALL LIMITED (A Company Limited by Guarantee)

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 SEPTEMBER 2025

	General fund	Revaluation reserve	Investment property revaluation reserve	Donations received	Profit and loss account	Total equity
	£	£	£	£	£	£
At 1 October 2023	119	346,252	2,269,767	81,047	2,434,828	5,132,013
COMPREHENSIVE INCOME FOR THE YEAR
Profit for the year	-	-	-	-	61,870	61,870
Transfer for excess depreciation	-	(2,017)	-	-	(1,540)	(3,557)
Transfer for deferred tax on unrealised investment property revaluation gains	-	-	1,352	-	(1,352)	-

At 1 October 2024	119	344,235	2,271,119	81,047	2,493,806	5,190,326
COMPREHENSIVE INCOME FOR THE YEAR
Loss for the year	-	-	-	-	(5,470)	(5,470)
Transfer for excess depreciation	-	(2,017)	-	-	2,017	-
AT 30 SEPTEMBER 2025	119	342,218	2,271,119	81,047	2,490,353	5,184,856

The notes on pages 4 to 11 form part of these financial statements.

Page 3

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	GENERAL INFORMATION

Cambridge Masonic Hall Limited (the "Company") is a private company limited by guarantee and incorporated in England and Wales. Its registered office is Freemasons Hall, Bateman Street, Cambridge, CB2 1NA.

The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

GOING CONCERN

The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. In making this assessment the directors have considered the Company's financial resources at the time of approving the financial statments, as well as anticipated future activity and financial results.

The economic downturn in the UK resulting in high levels of inflation is having a negative effect on some of the tenants within its portfolio. The directors intend to support their existing portfolio of long standing tenants where possible, however, the Company benefits from owning property in a desirable location in central Cambridge and should it become necessary the directors are confident in being able to promptly fill any tenancy voids that may result.

Given the Company's strong net assets and cash position the directors believe the Company is well placed to manage its business risks successfully in the current economic climate and remain satisfied that the going concern assessment remains appropriate.

2.3

TURNOVER

Turnover comprises revenue recognised by the company in respect of rents receivable and the share of rents and other income receivable during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised as the fair value of the consideration received or receivable and is recognised over the period to which the rents and other income receivable relate.

Page 4

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property	-	1%	on valuation
Plant and machinery	-	20%	on reducing balance
Museum and library	-	25%	on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

REVALUATION OF TANGIBLE FIXED ASSETS

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.

Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.6

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 5

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.7

VALUATION OF INVESTMENTS

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.8

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

CREDITORS

Short-term creditors are measured at the transaction price.

2.12

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

2.13

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 6

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.14

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2024 - 8).

Page 7

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	TANGIBLE FIXED ASSETS

	Freehold property	Plant and machinery	Museum and library	Total
	£	£	£	£
COST OR VALUATION
At 1 October 2024	576,533	341,596	1,451	919,580
Additions	-	74,920	561	75,481
Disposals	-	(13,952)	-	(13,952)
At 30 September 2025	576,533	402,564	2,012	981,109
DEPRECIATION
At 1 October 2024	27,556	278,639	1,450	307,645
Charge for the year on owned assets	3,485	8,143	141	11,769
Disposals	-	(11,196)	-	(11,196)
At 30 September 2025	31,041	275,586	1,591	308,218
NET BOOK VALUE
At 30 September 2025	545,492	126,978	421	672,891
At 30 September 2024	548,977	62,957	1	611,935

Cost or valuation at 30 September 2025 is as follows:

			Land and buildings
			£

		AT COST	576,533
		AT VALUATION:
		Revaluation surplus	-

			576,533

Page 8

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.TANGIBLE FIXED ASSETS (CONTINUED)

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
	2025	2024
	£	£


Cost	155,803	155,803
Accumulated depreciation	30,871	29,402
NET BOOK VALUE	186,674	185,205

5.	FIXED ASSET INVESTMENTS

		Listed investments
		£
	COST OR VALUATION
	At 1 October 2024	143
	At 30 September 2025	143

Page 9

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

6.	INVESTMENT PROPERTY

		Freehold investment property
		£
	VALUATION
	At 1 October 2024	4,222,500
	AT 30 SEPTEMBER 2025	4,222,500

	COMPRISING
	Cost	1,355,066
	Annual revaluation surplus:
	2023	2,867,434
	At 30 September 2025	4,222,500

The 2025 valuations were made by the directors, on an open market value basis.

DEBTORS

					2025	2024
					£	£


Trade debtors	422	1,475
Other debtors	4,136	707
Prepayments and accrued income	139,096	138,309
	143,654	140,491

Page 10

CAMBRIDGE MASONIC HALL LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	32,699	5,750
Corporation tax	68,159	72,108
Other taxation and social security	1,584	12,357
Other creditors	39,416	21,386
Accruals and deferred income	8,702	85,316
	150,560	196,917

9.	DEFERRED TAXATION

	2025	2024
	£	£

At beginning of year	677,359	677,359
AT END OF YEAR	677,359	677,359

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Unrealised gains on revaluation of investment property	599,019	599,019
Unrealised gains on revaluation of freehold property	78,340	78,340
	677,359	677,359


10.	COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 11