Caseware UK (AP4) 2023.0.135 2023.0.135 2023-01-01falseletting of rooms at Whiteabbey Masonic Centre00truetrue NI000016 2023-01-01 2023-12-31 NI000016 2022-01-01 2022-12-31 NI000016 2023-12-31 NI000016 2022-12-31 NI000016 c:Director1 2023-01-01 2023-12-31 NI000016 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 NI000016 d:Buildings d:LongLeaseholdAssets 2023-12-31 NI000016 d:Buildings d:LongLeaseholdAssets 2022-12-31 NI000016 d:LandBuildings 2023-12-31 NI000016 d:LandBuildings 2022-12-31 NI000016 d:FurnitureFittings 2023-01-01 2023-12-31 NI000016 d:FurnitureFittings 2023-12-31 NI000016 d:FurnitureFittings 2022-12-31 NI000016 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 NI000016 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 NI000016 d:CurrentFinancialInstruments 2023-12-31 NI000016 d:CurrentFinancialInstruments 2022-12-31 NI000016 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 NI000016 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 NI000016 d:ShareCapital 2023-12-31 NI000016 d:ShareCapital 2022-12-31 NI000016 d:OtherMiscellaneousReserve 2023-12-31 NI000016 d:OtherMiscellaneousReserve 2022-12-31 NI000016 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 NI000016 d:RetainedEarningsAccumulatedLosses 2023-12-31 NI000016 d:RetainedEarningsAccumulatedLosses 2022-12-31 NI000016 c:OrdinaryShareClass1 2023-01-01 2023-12-31 NI000016 c:OrdinaryShareClass1 2023-12-31 NI000016 c:OrdinaryShareClass1 2022-12-31 NI000016 c:FRS102 2023-01-01 2023-12-31 NI000016 c:Audited 2023-01-01 2023-12-31 NI000016 c:FullAccounts 2023-01-01 2023-12-31 NI000016 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI000016 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI000016 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: NI000016










Brookville Masonic Hall Co., Limited










Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2023

 
Brookville Masonic Hall Co., Limited
Registered number: NI000016

Balance Sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
5,806

  
-
5,806

Current assets
  

Cash at bank and in hand
  
39,214
29,346

  
39,214
29,346

Creditors: amounts falling due within one year
 5 
(7,577)
(7,772)

Net current assets
  
 
 
31,637
 
 
21,574

Total assets less current liabilities
  
31,637
27,380

  

Net assets
  
31,637
27,380


Capital and reserves
  

Called up share capital 
 6 
5,000
5,000

Other reserves
 7 
225,771
225,771

Profit and loss account
 7 
(199,134)
(203,391)

  
31,637
27,380


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 on 26 September 2024.


R F Marshall
Director

The notes on pages 2 to 8 form part of these financial statements.

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Page 1

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

1.


General information

Brookville Masonic Hall Co., Limited is a private company limited by shares incorporated in Northern
Ireland within the United Kingdom. The registration number and address of the registered office are given
in the company information section of these financial statements.

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 following principal accounting policies have been applied:

 
2.2

Going concern

The directors of Brookville Masonic Hall Co., Limited have reviewed the resources available and believe that the company has adequate resources to continue in operational existence for the foreseeable future.  
Accordingly, Brookville Masonic Hall Co., Limited continues to adopt the going concern basis in preparing the financial statementsarding going concern basis.

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Page 2

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

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.

 
2.5

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.

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Page 3

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Long-term leasehold property
-
over the remaining period of the lease
Fixtures and fittings
-
25%

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.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
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Page 4

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets
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Page 5

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees




The Company has no employees other than the Directors, who did not receive any remuneration (2022 - £NIL).


4.


Tangible fixed assets





Long-term leasehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 January 2023
442,968
112,752
555,720



At 31 December 2023

442,968
112,752
555,720



Depreciation


At 1 January 2023
437,162
112,752
549,914


Charge for the year on owned assets
5,806
-
5,806



At 31 December 2023

442,968
112,752
555,720



Net book value



At 31 December 2023
-
-
-



At 31 December 2022
5,806
-
5,806

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Page 6

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

           4.Tangible fixed assets (continued)




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Long leasehold
-
5,806

-
5,806



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Bank loans
-
237

Other creditors
5,700
5,700

Accruals and deferred income
1,877
1,835

7,577
7,772



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



5,000 (2022 - 5,000) Ordinary Shares shares of £1.00 each
5,000
5,000



7.


Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses.


8.


Controlling party

The Directors consider the Provincial Grand Lodge of Antrim to be the ultimate controlling party.

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Page 7

 
Brookville Masonic Hall Co., Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2023

9.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

The audit report was signed on 26 September 2024 by Adrian Patton (Senior Statutory Auditor) on behalf of Sumer AuditCo NI Limited.


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Page 8