Company Teglsiratlon number: N1625984 JERRETTSPASS COMMUNITY HALL LIMITED Company limited by guarantee Unaudited financial statements 31 March 2023
JERRETTSPASS COMMUNITY HALL LIMITED Company limited by guarantee Contents Page Direclors. report Incotne tstaleinenl Staiemenl of financial position Notes to the linancial staletnenls
JERRErrspASS COMMUNITY HALL LIMITED Company litnited by guarantee Directors, report Year ended 31 March 2023 The directors presenl their report ano the unaudited linancial slaternenls ol the company for the year ended 31 March 2023. Directors The directors who served the company during Ihe yeai were as lollows: John Mcclenaghan AnOr8w Mollell Gillian Ferr15 Frederick Ferris Anne Lullon Small company provisions I'his report has been prepared in accordance Wi&Fh the provisions applicable to companies entitled to the small companies exemption. This report was approved by the board ol directors on 4 May 2023 and signed on behalf ol the board by- Jonn McGlenaghan Director Page I
JERRETTSPASS COMMUNITY HALL LiwirrED Company limited by guaranlee Income statemenl Year ended 31 March 2023 2023 2022 Note Income Adninislralive expense5 3,575 {3,577} 2,997 12,4251 Operating (loss)Iprolit {21 572 Other inleresl receivable and similar income Profit for the financial year 574 All Ihe aclivilies ol the company are Irom coniinuing operations. The notes on paggs S to 6 lorm part of these financial slatÈmÈnts. Page 2
JERRETTSPASS COMMUNITY HALL LIMrrED Company limited by guaranlee Statement ol financial position 31 March 2023 2023 2022 Note Fixed assets Tanoible assets 683 911 683 911 Current assets Cash al bank and in hand 2.579 2,350 2.579 2,350 Net current assets 2.579 2,350 Total assels less current liabilitles 3.262 3,261 Nel assets 3.262 3,261 Capital and reserves Profil and Ios5 ac¢ounl 3.262 3,261 Members funds 3.262 3,261 For the yea¥ ending 31 March 2023 the company was entitled to exemplion from audit under section 477 01 the Companies Act 2006 ielaling lo small companies. Directors, responsibililies: The members have not required the company lo obtain an audit ol ils financial slalements tor the year in question in accordance with section 476: The directors acknowledge their responsibilities for comptying with Ihe requirements ol th8 Act with respect to ac¢ounting records and the preparalion ol financial stalernents. These financial statements have been prepared In accordance with Ihe provision5 applicable to companies subjeci to the small companies. regime and in accordance with Section IA of FRS 102 'The Financial Roporling Standard applicable In the UK and Republic of Ireland,. The notes on pages S to 6 form part of these Ilnancial slatements. Paae 3
JERRETTSPASS COMMUNITY HALL LIMITED Company limited by guarantee Statemenl of flnancial position (Conlinued) 31 March 2023 These financial statements were appiovÈd by the board ol directors and aulhorised lor issue on 4 May 2023, and are signed on behall ol the board by. John Mcclenaghan Director Coirpany registralion number.. N162598A The noies on pages 5 10 6 form part of these financial stalements. Page 4
JERRErrspASS COMMUNITY HALL LIMITED Company limited by guarantee Noles to the financial stalements Year ended 31 March 2023 General information The company is a private company limiled by guarantee, registered in Northern Ireland. The address ol the registered office is Jerrellspass Community Hall. Tandragee Road, Jerrettspass. Newry, Co. Down, BT35 6LY. Stalement of compliance These linanclal slalemenis have been prepared in compliance with the provisions of FRS 102. Section 1 A, The Financial Reporting Standard applicable in the UK and Republic ol Ireland,. Accounting policies Basis of preparation The financial slalements have been prepared on the historical cost basis, as modified by the revaluation ol ceriain financial a5sels and liabililies and inveslmenl properties measured al lair value through profil or loss. The tinancial statements are prepaiea in sterling. which is the functional currency ol the enlity. Income Inoome is derived Irom renl ol h1. luncl raising activities, donations and grants. Tangible assets Tangible assets are initially recorded at cost. and are subsequently 51aled al cost less any accumulated dpprecialion and impairment losses. Depreciation Depreciaiion is calculated so as to wriie oll Ihe cost or valuation of an asset, les5 its residual value. over the useful economic life of that asset as follows.. Fillings, lixlures and equipment 2501. reducing balance 11 there is an indicalion that there has been a signilicant change in depreciation rate, useful life or residual value ol tangible assets. the depreciation is revised prospeclively to rellecl th8 new estimates. Impairment A review tor indicators of impairment is carrsed out at each reporting dale, with the recoverable amount being estimated where svch indicators exisl. Where the carrying value exceeds the recoverable amotsnl, Ihe assel is impaired accordingly. Prior impairm2nls are a150 reviewed for possible reversal at each feporlin9 dale. Limited by guarantèe The company is registered as a company limited by guaranlee not having a share Capital. Each of the members undertakes lo contribute on a winding up. for payments of debts and liabilities, such amount as may be requifed not exceeding £1. Pa9e S
JERRETTSPASS COMMUNITY HALL LIMITED Company limiled by guaranlee Noles to the financial statements (continued> Year ended 31 March 2023 Tangible assels Fixtures, litting5 and equipment Total ost At 1 April 2022 and 31 March 2023 3.255 3.25S Depreciation Al 7 April 2022 Charge lor the year 2,344 228 2,344 228 Al 31 March 2023 2.572 2.572 Carrylng amount Al 31 March 2023 683 683 At 31 March 2022 911 911 Page 6