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 h￿1. 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