Ulster New Zealand Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 December 2023 The trustees, who are also Ihe directors for the purposes ol company law, present their report and the unaudited financial slalements of the charity for the year ended 31 December 2023. Reference and adminislrative details Registered charity name Ulster New Zealand Trust Charity registralion number 100338 Company registration number N1024513 Principal office and registered The Ballance House off ice 118a Lisburn Road Glenavy Co. Anlrim BT29 4NY Northern Ireland The trustees Mr A Eves Mr F Hall Prof S Stockman Mrs H Baird Mr B Bloomfield Mr D Twigg Mr T Hendry- Hone.',ary Treasurer Mr P Hewitt - C.'iairperson Mrs M Madden {Resigned 3 February 20231 (Appointed 10 July 20231 Independent examiner John Magee FCA 631 Lisburn Road Bellasl BT9 7GT Structure, governance and management The charity is a company limited by guarantee and is governed by its Memorandum and Articles ol Association. The company is not for profit and limited by guarantee, the liability ol the members being limited lo £Nil. The organisation is governed by its Board of Directors who are also Trustees and who meet on a regular basis.
Ulster New Zealand Trust Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {ntInued) Year ended 31 December 2023 Oblectives and acllvities The preservalion of The Ballance House and the furtherance of public education. The charivs objectives and actFVities are to advance public education by the restoration and use of the building known as Ballance House, birth place ol John Ballance. political reformer and Prime Minister of New Zealand 1891-93, and to increase history of the part played by Ulster men and women in the political, sociai and economic development of New Zealand during this time. The Trustees confirm that they have complied with the requiremenls of the Charities Act to have due regard to the public benefit guidance published by the Charity Commission for Northern Ireland. Slrateglc report The following sections for achievements and performance and financiai review fom) the strategic report of the charity. Achlevements and performance In 2023 a full programme of events, Spring Fair. Strawberry Fayre. Autumn Fair and Christmas event was held. These were well attended and successful occasions - we are grateful to our Volunteers whose Work ensured that this was the case. Special Events: Wailangi Day Lunch, ANZAC Day service of commemoration and a Coronation Celebration event (funded by a Grant from the Lisbum and Castlereagh Cty Council). during which a commemorative bench was unveiled. were also held. Organised Group bookings continued as did Sunday afternoon and Public Holiday openings (April to September}. In the 2022 Report the Directors expressed concern about the post covid fall in the number of Sunday afternoon visrtors that had been experienced. This concern remains. Nevertheless, the Directors are pleased to confirm that the Trust continues to enjoy sound financial health. Work continues to develop Ihe exhibition areas and to maintain the premises. In 2023 the quinquennial inspection of the Ballance House fixed wiring installations was conducted and the minor issues raised in the report were addressed. In addition. the Tea Barn was redecorated and recewed new vinyl flooring. The Cottage Room was also redecorated and work on a revised display of photographs commenced. The Dir8¢tors are pleased to report that the Trust continues to enjoy strong financial health. Flnanclal revlew The company had net outgoing resources of £8.152 {2022: income £645) leaving unrestricted funds of £59.668 {2022.- £63.765) and restricted funds of £5,669 (2022: £10,427}. Where resources permit, the directors seek to carry forward sufficient income to meet anticipated future expenditure.
Ulster New Zealand Trust Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (ntInUed) Year ended 31 December 2023 The trustees, annual report and the strategic report were approved on 4 July 2024 and signed on behalf of the board of Irustees by= Mr F Hall Trustee Mr D Twigg Trustee