BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2023
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Notes
Income and endowments from:
Charitable activities
Other income
8,567
278
2,306
10,873
278
14,470
32
720
15,190
32
Total Income
8,845
2,306
11,151
14,502
720
15,222
Charrtable activities
13,fAO
8,900
22.540
16.822
16,822
Net expenditure and
movement in funds
14,795)
(6,594)
(11,389)
(2,320)
720
{1,600)
Reconciliation of funds..
Fund balances a11 November
2022
325,878
6,723
332.601
328,198
6,003
334,201
Fund balances at 31 October
2023
321,083
129
321,212
325,878
6,723
332,601
The statement of financial activities includes all gains and losses recognised in the year. All Income and expendilure
derive from continuing actNities.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
BALANCE SHEET
AS AT31 OCTOBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
300.000
300,000
Current assets
Debtors
Cash at bank and in hand
10
7,087
16,644
4,881
28,626
23.731
33,507
Creditors: amounts falling due withln
one year
11
2,519
906
Net current asse15
21,212
32,601
Total assets less current liabilities
321,212
332,601
The funds of the tharity
Reslricled income funds
Unrestricted funds
12
129
321,083
6,723
325,878
321,212
332,601
The financial statements were approved by the truslees on 4 June 2024
Trustee

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Accounting policies
Charity inforniation
Belfast Natural History & Philosophical Society is a ¢harity registered with the Charity Commission for
Northern Ireland {CCNI)..
1.1 Accounting convention
These accounts have been prepared in accordan¢e with FRS 102 °The Financial Reporting Standard
applicable in the UK and Republic of Ireland. I"FRS 102) and 'Accounting and Reporting by Charities..
Slalemenl of Recommended Practice applir2ble to charities preparing their accounts in accordance wilh the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)..
The charity is a Public Benefft Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charitres not to prepare a Statement of
Cash Flows.
The financial statemènts are prepared in sterfing. which is the functional ojrrency of the charity. Monetary
amounts in these financial stslements are rounded to the nea￿$t £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policles adopted are sel out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational exislence for the foreseeable fvture. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the finan￿al statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in fijrtherance of their charitable
objectives.
Reslricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legalty entilled lo it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligalion to transfer economic benefit to a
third paty, it is probable that a transfer of economic beneffts will be required in settlement, and the amount of
the obligation can be measured reliabty.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Accounting policies
Icontinued)
1.6 Tangible fixed assets
Tangible fixed assets are inilially measured at cost and subsequentty measured at Gost or valuation, nel of
depreciation and any impairment losses.
Tangible fixed assets include a propety which is considered a herilage asset. It is the Charity's policy lo
maintain the property in a slale of good repair, therefofe no depreciation is necessary. The Trustees consider
that the value slated in the accounts reflects the fair value of the building as at 3151 October 2023
Depreciation 15 re¢ognised so as to v￿lIe off the cost or valualion of a55ets le55 Iheir residual values over their
useful lives on the following bases..
Freehold land and buildings
Computer equipment
Alarm system
OD
250fi straight line
250k straight line
The gain of loss arising on the disposal of an asset is determined as the dtfferen* be￿een Ihe sale proceeds
and the carrying value of the asset, and is recogni5ed in the statement of financial activities.
1.7 Impairn)ent ol fixed assets
At each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of Ihe asset is estimated in order lo determine the extent of the impairment
loss Irf any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposils held at call with banks, other short-term liquid
investments wilh original rnaturilies of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial Instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments155ues' of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party io the
contractual provisions of the instrument.
Financial assets and liabilities are offset, wrth the net amounts presented in the financial slatements, when
Ihere is a legally enforceable right to set off the recognised amounts and the￿ is an intention to settle on a net
basis or to realisÈ the assel and settle the liability simullaneously.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured al
transaction price including tiansaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured al the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Accounting policies
{Continued}
Basic ffnancial liabilities
Basic financial liabilities, inctuding creditors and bank loans are initially recognised at transaction pri￿ unless
the arrangement constitutes a financing transaction, where the debt instrument 15 measured at the presenl
value of the future payments discounted at a market rate of interest Finan¢ial liabilities dassified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amorttsed cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or servi￿$ that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities rf payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and subsequentty measured at amortised cost using the effedive interesl mèthod.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitys c¥Jntractual obligations expire or are discharged or
cancelled.
CritlGal accounting estimatès and judgements
In the application of the Charty's attounting policies, the trustees are required to make judgements, estimates
and assumptions about the carying amount of assets and liabilities that are not readily apparent from other
Sour￿$. The estimates and associaled assumptions are based on historical experience and other fadors thal
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the eslimate is revised where the revision affects only that
period. or in the period of the revision and future periods where the revision affects both current and fLrture
periods.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Charitable activities
Unrestrlcted
In¢ome
2023
Resirfctgd
Income
Total Unrestrlcted
2023
Income
Rfrstrlcted
In¢ome
2022
Total
2022
2023
2022
Grave restoralions
Bicentenary dinner
Members, subscription
and donation5
Rent
Map sales
Book Sales
2,306
2.306
720
720
4,540
4.540
3.080
4,288
172
1,027
3,080
4,288
172
1,027
2.680
7,200
50
2.680
7,200
50
8,567
2,306
10,873
14.470
720
15,190
Analysis by fund
Unrestricled funds
Restricted funds
8,567
8,567
2,306
14.470
14,470
720
2,306
720
8,567
2,306
10.873
14.470
720
15.190
Note - See page 12 note 12 reslricted funds. This shows reslricled funds accumulated in previous years
tolalling £6,723. The breakdown of this is £3.200 for book publicabon and £3,523 for grave restoration.
Together with £2,306 received this year for grave restoralion. this provided enough funds to cover the
expenditure required.
Other income
Unrestricted Unrestricted
funds
funds
2023
2022
Bank interest received
278
32
10-

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Expenditure on charitable activities
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Total
2023
2022
Direct costs
Repairs and maintenance
Insuran
Rates and water
Printing and stationery
Lecture fees and expenses
Independent examination fee
Ground rent
Membership fees
General expenses
Event expenses
Grave restoration expenses
Book expenses
8,085
3,951
320
76
50
780
8,085
3.951
320
76
50
780
6,459
3,437
473
401
350
780
24
354
354
(122)
5,018
5,700
3,200
5,700
3,200
13,640
8,900
22,540
16,822
Analysis by fund
Unrestricted funds
Restricted funds
13,640
13,640
8,900
16,822
8,900
13,640
8.900
22,540
16,822
Note - See page 12 note 12 restricted funds. This shows restricted funds accumulated in previous y8ars
lotalling £6,723. The brèakdown of this is £3.200 for book publication and £3.523 for grave restoration.
Together with the £2,306 received Ihis year for grave restoralion, this provided enough fvnds to Cover the
expenditure ￿quIred.
Trustses
None of the trustees (or any persons connected with them) re￿iVed any remuneration or benefrts from the
charity during the year.
Employees
There were no employees.
Taxation
The charity is exempt from taxation on its actmbes because all its income is applied for charitable purposes.
11

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
Tangible fixèd assets
Froehold land
and buildlngs
Computer Alami systgm
equlprn&nt
Totsl
Cost
At 1 November 2022
300,000
2.350
1,832
304,182
2,350
1.832
304,182
At 31 October 2023
300.000
Depreciation and impaimient
At 1 November 2022
4,182
2,350
1,832
1,832
4,182
Al 31 October 2023
2.350
Carrying amount
At 31 Oclober 2023
300.000
300,000
300,000
At 31 October 2022
300,000
10 Debtors
2023
2022
Amounts falllng due within one year:
3,143
3,944
1,217
3,664
Trade debtors
Olher debtor5
7.087
4.881
11 Creditors: amounts falllng due wlthin one year
2023
2022
Trade creditors
Accruals and deferred income
1,739
780
126
780
2,S19
906
12 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At1
November
2022
Incoming
resources
Resources At 31 October
expended
2023
6.723
2.306
18,900)
129
12-

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
12 Restricted funds
(Continued)
Previous year:
At1
November
2021
Incoming
resources
Resources At 31 October
expended
2022
6.003
720
6,723
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are
nol subject to specific condltions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At1
November
2022
Intoming
resources
Resources At 31 October
expended
2023
General funds
325,878
(13,640
321,083
Prevlous year..
At1
November
2021
Incoming
sources
Resources At 31 October
expended
2022
General funds
328,198
14,502
(16,822)
325,878
14 Analysis of net assets betsveen funds
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
Fund balances at 31 October 2023 are represented by:
Tangible assets
Current asselsl{liabilities)
300,000
21,083
300,000
21,212
129
321.083
129
321,212
Unrestricted
funds
2022
Restrictsd
funds
2022
Total
2022
Fund balances at 31 October 2022 are represented by:
Tangible assets
Current assetsl{liabilities)
300,000
25,878
300,000
32,601
6.723
325.878
6,723
332,601
13-

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
15 Related paty transactions
There were no disclosable related party transactions during the year12022 - none).
14-