BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrestricted Restrr¢ted
funds
funds
2024
2024
Totsl Unrestricted Restricted
ftinds
funds
2023
2023
Total
2024
Notes
2023
Income and endowments from:
Charitable actiwties
Other incomè
7.857
262
8.567
278
2,3(
262
10,873
278
Totsl income
8,119
8.119
2,3C6
11,151
Expendi￿re on:
Charitable actiwties
12.342
12A42
13,640
22,540
Totsl èxpenditure
11342
12,342
13,640
22,540
Net expenditure and
movement in funds
14223
14.223)
(4,795)
(6.594)
(11,389>
Reconciliation of funds:
Fund balan￿$ * 1 November
2023
321.083
129
321.212
325,878
6,723
332.601
Fund balances at 31 October
2024
316,860
129
316.989
321.083
129
321.212
The ststement of financial activittes indudes al gains and losses recognised in the year. All income and expenditure
derive from continuing activtbes.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
BALANCE SHEET
AS AT 31 OCTOBER 2024
2024
2023
Notes
Fixed assots
Tangible assets
300.000
3O),000
Current assets
Debtors
Cash al bank and In hand
10
4,184
13,720
7,087
16,644
17,904
23,731
Creditors: amounts falling due within
one year
11
19151
12,519)
Net ¢urrent assets
16.989
21.212
Total assets less current liabililies
316,989
321,212
Net assets
316.989
321.212
The funds of the charlty
Restricted income fvnds
Unrestricted funds
12
129
316,860
129
321,083
316.989
321,212
The financial statements were approved by the trustees on .
B Walker
Trustee

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
Charity infommtion
Belfast Natural History & Philosophical Souety is a djarity registered with the Charity Commission for
Northem Ireland {CCNI).
1.1 Accounting convention
These accounls have been prepa￿d in accordance with FRS 102 °The Financtal Reporting Skndard
applicable in the UK and Republ￿ of Ireland" fFRS 102) and "AccL)unbng and Reporting by Charitses..
Statement of Recommended Practice applicable to chanlies preparing their accxsunts in accordance with the
Financial Reporting Standard appI￿able in the UK and Republic of IreSand (FRS 102)..
The charity is a Public Benefft Entrty as deffined by FRS 102.
The charity has taken advantage of the provisions in the SORP for tharities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, whth is the fvnctional currency of the ctharty. Monetsry
amounts in these financial statements are rounded to the nearest £.
The financial statements have been p￿pared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concem
At the time of appioving the financial statements. the trustees have a reasonable expectation that the charity
has adequate resources to Cxfyntinue in operational exFslence for the foreseeaL4e future. Thus the trustees
conts'nue to adopt the going c£tncern basis of a￿UntIng in preparing the financial ststements.
1.3 Charitable ftinds
Unreslncled fund5 are available for use at the discrelion of the trustees in furtheran￿ of their c*aritable
objectives.
Restricted funds are subject to specnlc conditions by donors or grantors as to how they may be used. The
Pu￿0$e$ and uses of the reslricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legal￿ entitted to rt after any perfomian¢e condibons have been met,
the amounts can be measured reliabty, and r( is probable that income will be received.
Cash donations are ￿t￿gnISed on receipt. Other donations are recognised On￿ the charity has been notified
of the donation. unless perfom)ance conditions require deferral of the amount. Income tsx recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the kn.me of the donation.
1.5 Expendi￿re
Expenditure is recognised On￿ there is a legal or constwctive obfigation to transfer economic benefft to a
third paty. rf( is probable that a transfer of economic benefits WFII be required in seltlernent, and the amount of
the obligation can be measured reliabty.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng policie8
{Contlnued>
1.6 Tangible fixèd assets
Tangible fixed assets are initialty measured at cost and subsequentty measured at cost or valuation, net of
depreciation and any impaimient losses.
Tangible fixed assets indude a propety which is considered a herttage asset. It is the ChariV5 policy lo
maintsin the propety in a slate of good repair, therefore no depreaatson is necessary. The Trustees consider
that the value staled in the accounts refiects the fair value of the building as at 31 st October 2023
Depreciation is re¢ognised 50 as to write off the c05t or valuab.on of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
Computer equipment
Alarm system
0%
25% straight line
25% straight line
The gain or loss arising on the disposal of an asset is determined as the drfference be￿een Ihe sale proceeds
and the carrying value of the asset, and is recognised in the stalemenl of financial activrbes.
1.7 Impaiment of fixed assets
At each reporting end dale, the chartiy rewews the carrying amounts of ils tangible a5sels to detefmine
whelher there is any indication that those assets have suffered an impaiment loss. If any such Ind￿atIOn
exists, the recoverable amount of the asset is estimaled in order to determine the extent of the impairment
loss Irf any).
1.8 Cash and cash equivalents
Cash and cash equtvalenls include ￿sh in hand. deposits hehj at oll with banks, other short-term liquid
investments with original matuiits'es 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 to apply Ihe prowsions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instrurnents Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the chanty's balan￿ sheet when the chanty becomes party to the
contractual provisions of the instrument.
Financial assets and liabilrties are offset, wrth the nel amounls presented in the financial statements, when
there is a legalty enforceable right to set off Ihe recognised amounls and there is an intention to settle on a net
basis or to realise Ihe asset and settle the liability Simu￿ne0v$ty.
Baslc flnanclal assets
Basic finanaal assets, which include deblors and cash and bank balances, are inilially measured at
transaction price including transaction costs and are subsequenty carried at amortised cost using the effective
interest method unless the arrangement constitules a financing transaction, where the Iransaction is
measured al the Pfesenl value of the fvture receipls discounted at a market rale of interest. Finanryal asset5
classified as receivable wrthin one year are not amortised.

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting polieies
IContinued}
Basic financial liabilities
Basic financial liabilities, induding credrtors and bank loans are initially reo)gnised al transaction price untess
the arrangement constttutes a financing transaction, where the debt instrument B measured at the present
value of the future payment5 discounted at a market rate of inleresL Finan(ial liabiliti.es classified as payable
within one year are not amortised.
Debt instnjments are subsequenty carried at amortised cost, using the effective inlerest rate method.
Trade creditors are oblrgations lo pay for goods or ServI￿S that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classffied as current liabilities rf payment is due within one
year or less. If not, they are presented as non-current liabilrbes. Trade ueditors are recognised initialty at
transaction price and subsequentty measured at amortised (*st using the effective ir)terest method.
Derecognition of financial liabilities
Financial liabilities are dereo)gnised when the charriys contractual obligations expire or are discharged or
(3ncelled.
Critical a¢counling estimatss and judgements
In the application of the charit￿$ accounting policies, the trustees are required lo make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are readity apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors Ihal
are considered to be rele￿ant. Actual results may differ from these estimates.
The estimates and undertying assumptions are feviewed on an ongoing basis. Revisions to accounting
eslimales are recognised in the pertod in which the estimate is revised where the remsion affects only that
period, or in the period of the revision and future periods where the revisictn affecls both current and future
periods.
Charitable activities
Unrestricted Unrestritted Restricted
Income
Income
Income
2024
2023
2023
Total
2023
Grave restorations
Members, subscription and donations
Rent
Map sales
Book Sales
2.3C6
2,306
3.080
4,288
172
1,027
3,510
3.727
3.080
4,288
172
1.027
620
7.857
8.567
2,3C
10.873
Analysis by fvnd
Unrestricted fvnds
Restricted fvnds
7,857
8,567
8,567
2,3(
2,3C

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Other Income
Unrestricted Unrestsicted
funds
funds
2024
2023
Bank interest received
262
278
Expenditure on charitsbie acllvities
Totsl Unrestrlcted Restricted
Funds
Funds
2023
2023
Total
2024
2023
Direct costs
Repairs and maintenance
Insurance
Rates and wateT
Printing and stationery
Lecture fees and expenses
Independent examination fee
Ground rent
Membership lees
Grave restoration expenses
Book expenses
Event expenses
5,846
4.259
361
220
307
780
24
330
8.085
3,951
320
76
50
780
24
8,085
3,951
320
76
50
780
24
354
5,700
3.200
5,71X)
3,200
215
12.342
13,640
22,540
Analysls by fund
Unrestricted funds
Restricted funds
12,342
13,640
13,640
8.9CiI
12.342
13.640
8,9C()
22,540
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefrts from the
charity during the year.
Employees
There were no employees.
Taxallon
The charity is exempt from taxation on ils actiwties because all its income is applied for tharitable purposes.
10-

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Tangible fixed assets
Freehold land
*)d buildin9S
Comwter Alami systèm
equipment
Cost
At 1 November 2023
3￿.0(KI
1.832
304,182
At 31 October 2024
31￿,0¢X)
1.832
304,182
DeprÈciation and impaim*nt
At 1 November 2023
1,832
4.182
At 31 October 2024
1.832
4,182
Carrying amount
At 31 October 2024
300,000
300,000
At 31 October 2023
300.C
300.000
10 Debtors
Amounts faNing due within one year
Trade debtors
Other debtors
2024
2023
299
3,885
3,143
4.184
7,087
11 Creditors". amounts falling due within one year
2024
2023
Trade Lyeditors
Accruals and deferred income
135
1.739
780
915
2.519
12 Restricted funds
The restricted funds of the charity u)mprtse the unexpended balan￿S of donations and grants held on trust
subject to specific condttions by donors as to how they may be used.
At1
November
2023
Incoming
resources
Resources At 31 October
expended
2024
129
129
11

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
12 Restricted funds
Icontlnuedl
Previous year:
At1
November
2022
Incoming
resources
Resources At 31 October
expended
2023
6,723
2.3￿%
(8,900)
129
13 Unrestricted fvnds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestrieled funds by the trustees for specffic purposes.
At1
Resources At 31 October
November
expended
2024
2023
Intoming
resOu￿e$
General funds
321.083
8,119
(12,342)
316,860
Previous year:
At1
Novembtrr
2022
In¢ominy
resources
Resources At 31 October
expended
2023
General fund5
325.878
8.84S
{13.640)
321,083
14 Anatysis of net assets between funds
Unrestrlcted
funds
2024
Restrictsd
funds
2024
Totsl
2024
Fund balances at 31 October 2024 are represented by:
Tangible assels
Current assetsl{liabilities)
300.IY)O
16,860
300,000
16.989
129
316.860
129
316.989
Unrestricted
fund$
2023
Restricted
funds
2023
Total
2023
Fund balances at 31 October 2023 are represented by:
Tangible assets
Cu￿ent assetsllliabilities)
300,000
21.212
21,083
129
321.083
129
321.212
12-

BELFAST NATURAL HISTORY & PHILOSOPHICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
15 Related party transactions
There were no disclosable related paty Iransadions during the year (2023 - none>.
13-