Company Reglstratlon Number: N1027039
Dun Uladh Limited
IA eompany limited by guarantee. not havlng a share capital)
Dlrectors. Report and Unaudlted Financial Statements
for the financial year ended 28 February 2025

Don Uladh Limited
IA company Ilmlted by guarantee. not having a sharè eopltal)
CONTENTS
Page
Directors and Other Information
Directors, Report
Accountants, Report
Income Statement
Statement of Financial Position
Reconciliation of Members. Funds
statement of Cash Flows
10
Notes to the Financial Statements
Supplementary Information on Income and Expenditure A¢¢ount
15-16

Dun Uladh Limited
IA eompany limited by guaranteè, not having a share capllall
DIRECTORS AND OTHER INFORMATION
Dlrectors
Labhras O'murchu
Seamus MacCormai¢
Tomas O Maoldomhnaigh
Padraig O'Dufaigh
Padraig O'ceallaigh (Resigned 18 February 20251
Company Secretary
Brendan McAleer
Company Reglstratlon Number
N1027039
Reglstered Offlce and Buslness Address
Cultural Heritage Centre of Ulster
Drumnakilly Road
Omagh
Co. Tyrone
BT79 OJP
Ireland
Accountants
ECOVIS DCA Limited
CharteTed Accounlanls
27 Upper Mount Street
Dublin 5
Ireland
Bankers
Bank of Ireland
Omagh
Campsie
Co. Tyrone
BT79 OAE
Northern Ireland
Sollcltors
Mumaghan Colton Solicitors
3 John Street
Omagh
Co_ Tyrone
BT78 1DW
Northern Ireland
Eugene P Keams. B.C.L Solicitor
10 Lower Abbey Street
Dublin 1
Ireland

Dun Uladh Limlted
(A company limited by guarantee. not having a share c4pltal)
DIRECTORS. REPORT
for the financial year ended 28 February 2025
The directors present their report and the unaudited financial statements for the financial year ended 28 February 2025.
Prlnclpal Actlvlty
The organisation is a charitable company limited by guarantee. The company does not have a share capital and
consequently the liabilily of members is limited, subject lo an undertaking by each member to contribute to the net
assets or liabilities of the company on winding up such amounts as may be required not exceeding one pound1£1).
The principal aGtivity of the ¢ompany is that of the promotion of the cultural heritage of Ulster, particularly the musio of
the provin¢e, its history and culture. The Gompany has established a Cultural Heritage Centre for locals and visitors to
the region. The facilities provided include an exibilion centre, display hall. recording facilities and a licensed bar. The
company is a registered charity (reference no.. NIC1006671
The company is limited by guarantee not having a share capital.
Prlnclpal Rlsks and Uncertalntles
There are a number of factors which may materially and adversely 8ffect our ability to achieve our objectives. These
risks indude-
-Threat of ¢ompelilors
-changes in external operating environment
-Loss of funding
-changes in customer buying behavior
The organistion has adopted ￿ntrOl$ ne¢essary to manage these risks and enable efficient execution of the company's
business model. A risk management strategy in place which is reviewed and updated at each board meeting and a risk
register has been established.
Flnanclal Results
The surplusl(deficill for the finan¢ial year after providing for depreGialion amounted to £69512024 - £{32,41111.
Dlrectors
The directors who served during the financial year are as follows..
Labhras O'murchu
Seamus Maccormaic
Tomas O Maoldomhnaigh
padraig O'Dufaigh
padraig O'ceallaigh (Resigned 18 February 20251
In accordance with the Constitution, the directors retire by rolalion and. being eligible. offer themselves for re-election.
Polltlcal Contrlbutlons
The company did nol make any disdosable politi¢al contributions in the current financial year.

Dun Uladh Limited
IA company Ilmlted by guarantee, not having a share capital)
DIRECTORS. REPORT
for the financial year ended 28 February 2025
Statement of Dlrectors. Responslbllltles
The directors are responsible for preparing the Directors, Report and the financial statements in accordance with
applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors
have elected to prepare the financial statements in aecordance with United Kingdom Generally Ac¢epled Accounting
Practice (Uniled Kingdom Accounting Standards and applicable lawl including FRS 102 "The Financial Reporting
Slandard applicable in the UK and Republic of Ireland" Under company law the directors must not approve the financial
statements unless Ihey are satisfied that they give a true and fair view of the state of affairs of the company and of the
surplus or deficit of the company for that period.
In preparing these financial statements, the directors are required to=
select suitable accounting policies and apply them consislenlly;
make judgements and accounting eslimales that are reasonable and prudent.,
prepare the financial statements on the going ¢oncem basis unless il is inappropriate to presume that the company
will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
ompany's transactions and disclose with reasonable accuracy at any time the financial position of the company and
enable them to ensure that the financial slalemenls comply with the Companies Act 2006. They are also ￿sponSible
for safeguarding the assets of the company and hence for tsking reasonable steps for the prevention and detection of
fraud and other irregularities.
Post- Balance Sheet Events
There have been no significant events affecting the company since the financial year-end.
Speclal provlslons relatlng to small ¢ompanles
The above report has been prepared in accordance with the special provisions relating to small companies within Part
15 of the Companies Act 2006.
On behalf of the board
Labhr
Dlrector
O'Mur¢hu
Date:
. ZoLJ-

Don Uladh Llmlted
(A company limited by guarantee. not having a share capitall
CHARTERED ACCOUNTANTS REPORT
to the Board of Directors on the Compilation of the unaudited financial statements
of Dun Uladh Llmlted
for the financial year ended 28 February 2025
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006.
we have compiled for your approval the financial slalemenls of the company for the financial year ended 28 February
2025 as set out on pages 7 to 13 which comprise the Income Statement. the Slalemenl of Financial Position, the
Reconciliation of Membeis, Funds, the Slatement of Cash Flows and the related notes from the company's accounting
records and from information and explanations you have given lo us.
This report is made solely to the Board of Directors of Dun Uladh Limited. as a body, in accordan¢e with the terms of
our engagement. Our work has been undertaken so that we might compile the financial statements that we have been
engaged to compile. report lo the Gompany's Board of Directors that we have done so, and stale those matters that we
have agreed to state lo them in this report and for no other purpose. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work
or for this report.
We have carried out this engagement in a¢cordance with guidance issued by Chartered Accountants Ireland and have
complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating lo members
undertaking the compilation of financial slalements.
You have acknowledged on the Statement of Financial Position for the year ended 28 February 2025 your duty lo
ensure that Dun Uladh Limited has kept adequate accounting records and to prepare slalulory financial statements that
give a true and fair view of the assets. liabilities, financial position and surplus of Dun Uladh Limited. You consider that
Dun Uladh Limited is exempt from the slalulory audit requirement for the finanGial year.
We have not been instructed lo carry out an audit or a review of the financial statements of Dun Uladh Limited. For this
reason, we have nol verified the adequacy. accuracy or completeness of the accounting records or information and
explanations you have give
s and we do not. therefore. express any opinion on the statutory financial slalements.
VIS DCA LIMITE
Chartered Accountants
27 Upper Mount Slreel
Dublin 5
Ireland
Date".

Dun Uladh Limited
IA Company limited by guarantee, not having a share capital)
INCOME STATEMENT
for the financial year ended 28 February 2025
2025
2024
Notes
In¢ome
353,134
276,547
Expendlture
(352,4391
1308,958)
Surplusl{deflclt) for the flnan¢lal year
695
132,411)
Total comprehenslve Income
695
132,4111
The notes on page¥ 1110 13 form part of the financial statements

Dun Uladh Limited
{A company limlted by guaranteè. not having a share capital)
Company Registration Numbèr: N1027039
STATEMENT OF FINANCIAL POSITION
as at 28 February 2025
2025
2024
Notes
Flxed Assets
Tangible assets
198,495
205,152
Current Assets
Debtors
Cash and Cash equivalents
9,459
170,585
5,111
159,518
180,044
164,629
Credltors: amounts falllng due wlthln one year
124,800)
177,6121
Net Current Assets
155,244
87,017
Total Assets less Current Llabllltles
353,739
292,169
Long Term Credltors
10
1119,076)
1123,7011
Net Assets
234,663
168,468
Reserves
Capital reserves and funds
Retained surplus
165.500}
233,968
234,663
Equlty attrlbutable to owners of the company
234,663
168,468
These financial statements have been prepared in accordance with the special provisions relating lo small companies
within Part 15 of the Companies Act 2006.
For the financial year ended 28 Febnjary 2025 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006.
The directors confirm that the members have not required the Company to obtain an audit of ils financial statements for
the financial year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting re¢ord$ which comply
with section 386 and for preparing financial statements whieh give a true and fair view of the slate of affairs of the
company as at the end of the financial year and of 115 profit and loss for the financial year in accordance with the
requirements of section5 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements. so far as applicable lo the company.
Approved by the Board and authorlsed for Issue on
/J
and slgned on Its behalf by
Labhras O'murchu
Dlrector
The note8 on pages 1110 13 form part of the financial slalements

Dun Uladh Limited
IA company Ilmited by guarantee. not havlng a share capital)
RECONCILIATION OF MEMBERS, FUNDS
as at 28 February 2025
Retalned
surplus
Slnklng
fund
Total
At 1 March 2023
266,379
(65.5001
200,879
Deficit for Ihe financial year
132,4111
132,4111
At 29 February 2024
233,968
(65.5001
168.468
Surplus for the financial year
695
695
other movements in equity
attributable to owners
65.500
65,500
At 28 February 2025
234,663
234,663

Dun Uladh Llmited
IA company limltèd by guaranteè, not havlng a share capital)
STATEMENT OF CASH FLOWS
for the financial year ended 28 February 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Surplus/(deficit) for the financial year
Adjustments for..
Depreciation
Amortisation of government grants
695
(32,4111
28,144
14,6251
28,519
14,8551
24,214
{8,747)
Movements in working ¢apital'.
Movement in debtors
Movement in creditors
(4,348)
12.017
12,2101
Cash (used inygenerated from operation$
32,554
1,060
Cash flovts from Investlng actlvltles
Payments to acquire tangible assets
121,487)
13,5031
Net decrease In cash and cash equlvalents
Cash and cash equlvalents at beglnnlng of Ilnanclal year
11,067
159.518
12.443)
161,961
Cash and cash equlvalents at end offlnanclal year
170,585
159,518
10

Dun Uladh Limited
NOTES TO THE FINANCIAL STATEMENTS
for Ihe financial year ended 28 February 2025
General Inlormatlon
Dun Uladh Limited is a company limited by guarantee incorporated in Northern Ireland. Cultural Heritage Centre
of Ulster, Drumnakilly Road, Omagh, Co. Tyrone, BTT9 OJP. ITeland is the registered offi¢e, which is also the
principal place of business of the company. The nature of the company's operations and ils principal activities
are set out in the Directors. Report. The finanGial statements have been presented in Pound {£) which is a150
Ihe fvnctional currency of the company.
Summary of Slgnlflcant A¢¢ountlng Pollcles
The followrng accounting policies have been applied consistently in dealing with items whiGh are considered
matenal in relation to the company's financial slalements.
Statement of compliance
The financial statements of the company for the year ended 28 February 2025 have been Prepared in
accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland
{FRS 1021 issued by the Financial Reporbng CounGil and in accordance with the Companies Act 2006.
Basls of preparatlon
The financial statements have been prepared on the going concern basis and in accordan¢e with the historical
cost convention except for certain properties and financial instruments that are measured al revalued amounts
or fair values, as explained in the accounting policies below. Hi$torical cost is generally based on the fair value
of the consideration given in exchange for assets.
Income
Turnover comprises the invoice value of goods supplied and services rendered by the company, exclusive of
trade discounts and value added tax.
Tanglble assets and depreclatlon
Tangible assets are staled at cost or at valuation, less accumulated depreciation. The charge to depreciation is
calculated to write off the original cost or valuation of tangible assets, less their eslimaled residual value, over
their expected useful lives as follows..
Land and buildings freehold
Plant and machinery
Fixtures. fittings and equipmenl
Over the life of Asset
200h straight line
200h straight line
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes
in circumstan¢es indicate the carying value may not be recoverable.
Trade and other debtors
Trade and olher deblors are initially recognised at fair value and Iheieafter slated al 8mortised cost using the
effective interest rnelhod less impairment losses for bad and doubtful debts except where the effect of
discounting would be immaterial. In such cases the receivables are slated at cost less impairment losses for
bad and doubttul debts.
Trade and other credltors
Trade and other creditors are initially recognised at fair value 8nd thereafter stated at amortised c08t Using the
effective interest rale method, unless the effect of discounting would be immaterial. in which case they are
stated at cost.
Taxatlon
The Company is a registered charity (reference no= NIC1006671 and is therefo￿ exempt frorn corporation lax.
Long Term Credltors
Capital grants received and receivable are treated as deferred income and amortised to the Inry)me Statement
annually over the useful economic life of the asset to which it relates. Revenue grants are credited lo the Income
statement when received.
11

continued
Dun Uladh Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 28 February 2025
Forelgn currencles
Monetary assets and li8bililies denominated in foreign curren¢ies are translated at the rates of exchange ruling
at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in
a foreign currency are translated al the rates of exchange ruling al the date of the transaction. Non-monelary
items that are measured al fair value in a foreign currency are translated using the exchange rates al the date
when the fair value was determined. The resulting exchange differences are dealt with in the Income Slatemenl.
Slgnlflcant a¢countlng Judgements and key source5 01 estlmatlon un¢ertalnty
GOING CONCERN
The directors have prepared budgets and cash flows for a period of at least twelve months from the dale of the
approval of Ihe financial statements which demonstrate that Ihere is no material uncertainty regarding the
company's ability to meet its liabilities as they fall due. and to Gonlinue as a going concern. On this basis the
directors consider it appropriate to prepare Ihe financial statements on a going concem basis. Accordingly,
these financial statements do not include any adjustments lo the carrying amounts and classification of assets
and liabilities that may arise if the company was unable to continue as a going concern. Given the current
economic resources of the company, in addition to detailed projections and forecasts, the directors have
concluded that the company will continue in existence for a period of 12 months post financial statements sign-
off. These projedion5 and forecasts were constructed using up lo date financial information and conservative
realistic assumptions derived from the directors, cumulative knowledge and experience.
Employees
The average monthly number of employees. including directors, during the financial year was 5, {2024 - 41.
2025
Number
2024
Number
Admin Employee
Tanglble assets
Land and
Plant and
Flxtures,
bulldlngs maGhlnery ilttlngs and
freehold
equlpment
Total
Cost
At 1 March 2024
Additions
Disposals
692,876
63,446
145.521
21,487
17491
901.843
21.487
1749)
At 28 February 2025
692.876
63,446
166,259
922.581
Depreclatlon
At 1 March 2024
Charge for the financial year
On disposals
530,516
8,695
63,446
102.729
19.449
(749)
696,691
28,144
17491
At 28 February 2025
539,211
63,446
121,429
724,086
Net book value
Al 28 Febiuary 2025
153,665
44,830
198.495
At 29 February 2024
162,360
42,792
205,152
The Department of Culture, Heritage and the Gaeltacht in the Republic of Ireland holds a charge over the
company land and buildings comprising the Cultural Heritge Centre al Drumakilly Road, Omagh. Co Tyrone.
12

continued
Dun Uladh Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financi81 ye8r ended 28 February 2025
Debtors
2025
2024
Other debtors
Prepayments and a¢crued income
6,704
2,755
3,566
1,545
9,459
5,111
Cash and cash equlvalents
2025
2024
Cash and bank balances
170,585
159,518
Credltors
Amounts falllng due wlthln one year
2025
2024
Client creditor balances
Taxation and social security costs (Note 91
Other creditors
Accrua15
13.941
6,859
4,790
4,322
65,500
3,000
4,000
24,800
77,612
Taxatlon and soclal securlty
2025
2024
Credltors:
VAT
PAYE I NI
1,332
5,527
902
3.420
6,859
4,322
10.
Capltal Grants
2025
2024
Capltal grants recelved and recelvable
At 1 March 2024
516,200
516,200
Amortlsatlon
At 1 March 2024
Amortised in financial year
1392.499)
(4,6251
1387,644)
(4.855)
Al 28 February 2025
1397,124)
1392.4991
Net book value
At 28 February 2025
119,076
123,701
At 1 March 2024
123,701
128,556
11.
Events After the End of the Reportlng Perlod
There have been no signifi¢ant events affecting the company since the financial year-end.
13