Swinton Masonic Hall Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00173557 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SWINTON MASONIC HALL COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Lord

D Taylor

C Lindsay

C J MacCormac

G Young

N Rotherforth

J Irving

J Neal

N R Henstock

S D Linstead

REGISTERED OFFICE:

63 Station Street

Swinton

Mexborough

South Yorkshire

S64 8PZ

REGISTERED NUMBER:

00173557 (England and Wales)

ACCOUNTANTS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Tangible assets

4

253,767

215,296

CURRENT ASSETS

Stocks

1,999

1,501

Debtors

5

7,187

5,452

Cash at bank and in hand

49,576

37,074

58,762

44,027

CREDITORS

Amounts falling due within one year

6

2,473

3,484

NET CURRENT ASSETS

56,289

40,543

TOTAL ASSETS LESS CURRENT
LIABILITIES

310,056

255,839

CREDITORS

Amounts falling due after more than one
year

7

(58,600

)

(58,600

)

PROVISIONS FOR LIABILITIES

(7,600

)

-

NET ASSETS

243,856

197,239

CAPITAL AND RESERVES

Called up share capital

8,550

Share premium

24,150

Revaluation reserve

8

34,412

Retained earnings

176,744

130,127

SHAREHOLDERS' FUNDS

243,856

197,239

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 3rd November 2025 and were signed on its behalf by:

G Lord - Director

1.	STATUTORY INFORMATION

Swinton Masonic Hall Company 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.

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.

Turnover

Turnover represents net income from operation of the company's premises.

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

Fixtures and fittings

-

10% on reducing balance

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

COST OR VALUATION

At 1st April 2024

200,000

50,010

250,010

Revaluations

40,000

-

40,000

At 31st March 2025

240,000

50,010

290,010

DEPRECIATION

At 1st April 2024

-

34,714

Charge for year

-

1,529

At 31st March 2025

-

36,243

NET BOOK VALUE

At 31st March 2025

240,000

13,767

253,767

At 31st March 2024

200,000

15,296

215,296

The directors consider that freehold property is maintained such that its residual value is at least equal to the net book value. As a result the corresponding depreciation would not be matrial and is not charged in the profit and loss account. The directors perform reviews in accordance with the requirements of FRS102 to ensure that carrying value is not lower than the recoverable amount.

Cost or valuation at 31st March 2025 is represented by:

Fixtures

Freehold

and

property

fittings

Totals

£

Valuation in 1990

40,000

-

40,000

Valuation in 2021

70,486

-

70,486

Valuation in 2025

40,000

-

40,000

Cost

89,514

50,010

139,524

240,000

50,010

290,010

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

7,187

3,914

Other debtors

-

1,538

7,187

5,452

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

-

1,314

Tax

77

415

Other creditors

34

-

Accrued expenses

2,362

1,755

2,473

3,484

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

Rockingham Lodge

29,300

Gothic Lodge

29,300

58,600

The accounts have been prepared under the going concern basis on the assumption that the company will continue to receive the support of its principal creditors.

8.

RESERVES

Revaluation

reserve

£

At 1st April 2024

and 31st March 2025

34,412

9.	RELATED PARTY DISCLOSURES

The principal shareholders are Rockingham Masonic Lodge and Gothic Masonic Lodge who have nominee representatives as board members.

During the year the company entered into various transactions with lodges who are the principal tenants of the company's freehold property, and some of whose members are directors:-

Rent received during the year

2025

2024

£

Rockingham Masonic Lodge

2300

3296

Gothic Masonic Lodge

1145

3914

Gothic Mark

482

704

Rockingham Chapter

945

836

Red Cross of Constantine

420

286

De Furnival

420

229

Bishops Blaize

213

Nil

Tapton Council

472

365

SMHC

163

Nil

St Margarets

535

Nil

WRF

855

Nil

The following amounts were due from these lodges at the year end and are included in trade debtors, as well as the amounts identified in note 8.

2025

2024

£

Gothic Masonic Lodge

2090

3914

Tapton Council

158

Nil

WRF

630

Nil

Rockingham

2300

Nil

Chapter

945

Nil

St Margarets

163

Nil

Mark

482

Nil

Red Croix

420

Nil

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by its shareholders, no individual person has ultimate control.