The attached figures are prepared from the books and records of the Society. An audit of the account has not been carried out, but it is in accordance with the above. Appropriate and necessary confirmations have been received and/or evidence. No value is attached to the Assets or Exhibits and no depreciation or factor for appreciate is applied.
Signed
Garry MacDonald Honorary Treasurer
Sandra Barr, CIMA Independent accountant/examiner
Ulster Aviation Society Receipts and Payments Account - Year ended 31 December 2022
| Opening Balances (01/01/2022) Danske Current account Danske Savings account Virigin Savings account Income Membership Subscriptions Ballot receipts Book donations Gift Aid (HMRC) Donations - Hangar Donations Donations - Organisations Heritage Benefactors Grants Events Bank Interest Group Visits UAS Trips Badge Donations Clothing Donations Stationery Donations Calandar Donations Model Donations Other Donations Misc Totals Expenditure Magazine Meeting Expenses Clothing/Badges Subscriptions Postage and Stationery Hangar Rent/Insurance/Utilities etc Van Expenses Exhibits Bank charges UAS Trips Equipment Hangar Infrastructure Event Expenses Advertising/Promotion Models Misc Totals Income over Expenditure Closing Balances (31 December 2022) Danske Current account Danske Savings account Virigin Savings account |
2022 2021 £ £ £38,283 £26,995 £6,834 £16,630 £50,061 £36,412 |
|---|---|
| £95,178 £80,036 |
|
| 18,604 16,528 0 512 0 0 8,810 4,952 17,644 12,042 98,092 11,965 1,399 3,068 4,405 4,204 0 0 5,622 6,880 331 103 1,796 0 0 119 40 53 466 723 311 25 196 444 5,056 704 0 0 118 632 |
|
| £162,890 £62,953 17,194 14,738 0 0 329 0 637 647 75 0 16,347 9,330 2,327 761 64,474 9,166 217 177 0 0 25,819 6,070 6,678 2,193 16,912 1,268 4,267 2,461 0 0 830 671 |
|
| £156,106 £47,481 |
|
| £6,784 £15,472 |
|
| £25,348 £38,283 £1,250 £6,834 £75,247 £50,061 |
|
| £101,846 £95,178 |
Income
Income revenue is returning to pre pandemic levels with subscriptions and donations increasing.
Society benefited during the year from a large donation.
Expenditure
2022 seen global increases in energy costs thus increase in electricity etc over previous years, this should level out in 2023 accounts. Increased expenditure in 'exhibits'
Summary
UAS are in a strong financial position and even with increased expenditure in 2022 have a surplus in funds at the end of the year.