Company registration number: NI611562 Charity registration number: 106916
Brookeville Enterprises
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 April 2025
D T Carson & Co 51-53 Thomas Street Ballymena Co. Antrim BT43 6AZ
Brookeville Enterprises
Contents
Reference and Administrative Details 1 Trustees' Report 2 to 3 Independent Examiner's Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes to the Financial Statements 7 to 12
Brookeville Enterprises
Reference and Administrative Details
Trustees William Millar Stephen Nicholl Tom Johnston Charity Registration Number 106916 Company Registration Number NI611562 The charity is incorporated in Northern Ireland. Registered Office 14 Wilson Crescent Ballymena Co Antrim BT42 3BW Independent Examiner D T Carson & Co 51-53 Thomas Street Ballymena Co. Antrim BT43 6AZ
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Brookeville Enterprises
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 April 2025.
Objectives and activities
Objects and aims
The objectives of the charity are the advancement of urban and rural regeneration, redevelopment and revitalisation, and the advancement of community development in the Mid and East Antrim Council area by a) promoting economic development for the benefit of the general public;
b) supporting and developing the work of community-based and voluntary groups in charitable activity by providing accommodation, facilities, support services, recreational facilities and other venues.
Public benefit
In setting the objectives and planning the activities the trustees have given careful consideration to the Charity Commision for Northern Ireland's guidance on public benefit and the following direct benefits have been identified:
a) creation of training and work experience opportunities for residents of the area and consequently a reduction in poverty, unemployment and hardship, leading to a better quality of life and improvement in health and well-being.
b) increased efficiency and effectiveness of community and voluntary organisations, resulting in enhanced outcomes and service delivery and consquently an improved quality of life for those who benefit from the work of these organisations.
The trustees confirm that they have complied with the requirements of the Charities Act (Northern Ireland) 2008 to have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland.
Financial review
Policy on reserves
The charity aims to use their income in furtherance of their objectives.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows:
Trustees: William Millar Stephen Nicholl Tom Johnston
Structure, governance and management
Nature ofgoverning document
Brookeville Enterprises is a company limited by guarantee and is also a registered charity with the Charities Commission for Northern Ireland.
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Brookeville Enterprises
Trustees' Report
Statement of trustees' responsibilities
The trustees (who are also the directors of Brookeville Enterprises for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of[Ireland".]
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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¢ observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual reportie by the trustees of the charity on 17 December 2025 and signed on its behalf by: William Millar
Trustee
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Brookeville Enterprises
Independent Examiner's Report to the trustees of Brookeville Enterprises (‘the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025.
Responsibilities and basis of report
As the charity’s trustees of Brookeville Enterprises (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act')
Having satisfied myself that the accounts of Brookeville Enterprises are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 65 of the Charities Act (Northern Ireland) 2008. In carrying out my examination I have followed the Directions given by the Charity Commission under section 65(9)(b) of the Charities Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of Brookeville Enterprises as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
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4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Edwin Mclaughlin
Institute of Chartered Accountants in Ireland
51-53 Thomas Street Ballymena Co. Antrim BT43 6AZ
17 December 2025
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Brookeville Enterprises
Statement of Financial Activities for the Year Ended 30 April 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | 2025 | ||
| Note | £ | £ | £ | |
| Income and Endowments from: | ||||
| Charitable activities | 3 | 5,965 | 2,640 | 8,605 |
| Total income | 5,965 | 2,640 | 8,605 | |
| Expenditure on: | ||||
| Charitable activities | 4 | (6,118) | (13,273) | (19,391) |
| Total expenditure | (6,118) | (13,273) | (19,391) | |
| Netexpenditure | (153) | (10,633) | (10,786) | |
| Transfers between funds | (369) | 369 | - | |
| Net movement in funds | (522) | (10,264) | (10,786) | |
| Reconciliation of funds | ||||
| Total funds brought forward | 3,349 | 11,497 | 14,846 | |
| Total funds carried forward | 9 | 2,827 | 1,233 | 4,060 |
| Unrestricted | Restricted | Total | ||
| funds | funds | 2024 | ||
| Note | £ | £ | £ | |
| Income and Endowments from: | ||||
| Charitable activities | 3 | 22,501 | 16,884 | 39,385 |
| Total income | 22,501 | 16,884 | 39,385 | |
| Expenditure on: | ||||
| Charitable activities | 4 | (19,543) | (9,626) | (29,169) |
| Total expenditure | (19,543) | (9,626) | (29,169) | |
| Net income | 2,958 | 7,258 | 10,216 | |
| Net movement in funds | 2,958 | 7,258 | 10,216 | |
| Reconciliation offunds | ||||
| Total funds brought forward | 391 | 4,239 | 4,630 | |
| Totalfundscarriedforward | 9 | 3,349 | 11,497 | 14,846 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 9.
The notes on pages 7 to 12 form an integral part of these financial statements. Page 5
Brookeville Enterprises
(Registration number: NI611562) Balance Sheet as at 30 April 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 7 | 1,397 | 4,026 |
| Cash at bank and in hand | 3,203 | 11,726 | |
| 4,600 | 15,752 | ||
| Creditors: Amounts falling duewithin oneyear | 8 | (540) | (906) |
| Net assets | 4,060 | 14,846 | |
| Funds ofthe charity: | |||
| Restricted income funds | |||
| Restricted funds | 9 | 1,233 | 11,497 |
| Unrestricted income funds | |||
| Unrestricted funds | 2,827 | 3,349 | |
| Totalfunds | 9 | 4,060 | 14,846 |
For the financial year ending 30 April 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
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¢ The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 5 to 12 were approved by the trustees, and authorised for issue on 17 DecemberwL on their behalf by: William Millar Trustee
The notes on pages 7 to 12 form an integral part of these financial statements. Page 6
Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
1 Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 14 Wilson Crescent Ballymena Co Antrim BT42 3BW
These financial statements were authorised for issue by the trustees on 17 December 2025.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act (Northern Ireland) 2008.
Basis of preparation
Brookeville Enterprises meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The financial statements have been prepared on a going concern basis as the trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. The trustees have considered both the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
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Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to grants have been met. Where performance conditions are attached to the grant ad are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
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Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
3 Income from charitable activities
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | Total | ||
| General | funds | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Grants | - | 2,640 | 2,640 | 16,884 | |
| Provision ofservices | 5,965 | - | 5,965 | 22,501 | |
| 5,965 | 2,640 | 8,605 | 39,385 | ||
| 4 | Expenditure on charitable | activities | |||
| Unrestricted | |||||
| funds | Restricted | Total | Total | ||
| General | funds | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Project costs | 4,214 | 13,273 | 17,487 | 27,621 | |
| Sundry expenses | 198 | - | 198 | 43 | |
| Bank charges | 49 | - | 49 | 56 | |
| Accountancy | 444 | 444 | 480 | ||
| Insurance | 1,213 | - | 1,213 | 968 | |
| 6,118 | 13,273 | 19,391 | 29,168 |
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Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
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2025
£
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5 Trustees remuneration and expenses
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No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
6 Taxation
The charity is a registered charity and is therefore exempt from taxation.
7 Debtors
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2025 2024
£ £
Trade debtors 1,397 4,026
8 Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors - 125
Accruals 40 BL
40 I
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Brookeville Enterprises
Notes to the Financial Statements for the Year Ended 30 April 2025
9 Funds
| Balance at | Balance at | Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | 1 | Incoming | Resources | 30April | ||||||
| May2024 | resources | expended | Transfers | 2025 | ||||||
| £ | £ | £ | £ | £ | ||||||
| Unrestricted funds | ||||||||||
| General | ||||||||||
| GeneralFund | 3,349 | 5,965 | (6,118) | (369) | 2,827 | |||||
| Restricted funds | ||||||||||
| Mid& East Antrim Council | “ | 750 | (750) | ° | - | - | ||||
| Aviva Community Fund | 8,258 | - | (8,267) | 9 | - | |||||
| Department for | ||||||||||
| Communities | 3,239 | - | (2,006) | - | 1,233 | |||||
| DeptofAgriculture, | ||||||||||
| Environment & Rural | ||||||||||
| Affairs | - | 1,890 | (2,250) | 360 | - | |||||
| Total restricted funds | 11,497 | 2,640 | (13,273) | 369 | 1,233 | |||||
| Total funds | 14,846 | 8,605 | (19,391) | : | 4,060 | |||||
| Balance | at 1 | Incoming | Resources | Balance | at30 | |||||
| May 2023 | resources | expended | April | 2024 | ||||||
| £ | £ | £ | £ | |||||||
| Unrestricted funds | ||||||||||
| General | ||||||||||
| General Fund | 391 | 22,501 | (19,543) | 3,349 | ||||||
| Restricted | ||||||||||
| Mid& East Antrim Council | - | 700 | (700) | - | ||||||
| Aviva Community Fund | - | 11,184 | (2,926) | 8,258 | ||||||
| Department for Communities | 4,239 | - | (1,000) | 3,239 | ||||||
| Community Development & | ||||||||||
| HealthNetwork | - | 5,000 | (5,000) | - | ||||||
| Total restricted funds | 4,239 | 16,884 | (9,626) | 11,497 | ||||||
| Totalfunds | 4,630 | 39,385 | (29,169) | 14,846 |
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