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 2024
| Opening Balances (01/01/2024) 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 Shop Sales Badge Donations Clothing Donations Stationery Donations Calandar Donations Model Donations Book 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 2024) Danske Current account Danske Savings account Virigin Savings account |
2024 2023 £ £ £20,901 £25,348 £1,250 £1,250 £75,672 £75,247 |
|---|---|
| £97,823 £101,846 |
|
| 19,898 17,377 159 0 0 0 6,862 0 19,641 17,311 33,368 37,765 7,416 1,919 4,265 5,669 0 2,000 20,026 19,140 901 491 3,745 2,918 22,012 0 0 146 0 1,445 0 167 0 135 0 8,162 0 77 480 37 |
|
| £138,773 £114,759 13,707 20,870 615 596 500 502 310 306 418 517 17,830 13,489 2,131 3,677 45,954 32,252 203 188 0 0 15,250 26,433 7,537 13,691 5,609 6,243 2,408 350 0 0 0 0 |
|
| £112,472 £119,114 |
|
| £26,301 -£4,355 |
|
| £67,398 £20,901 £5,286 £967 £51,487 £75,672 |
|
| £124,171 £97,540 |
Income
Income for the year has inproved on previous year with increase in shop sale by £10K plus receipt of HMRC Git Aid £6K.
Membership subscriptions have increased.
Donations remain a large part of income receipts.
Expenditure
Expenditure during the year has reduced by £6.6K.
Summary
UAS remain in a strong financial position posting a surplus of £26K for period.