ULSTER ARCHAEOLOGICAL SOCIETY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31" DECEMBER 2024

ULSTER ARCHAEOLOGICAL SOCIETY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" DECEIKBER 2024
Page
Legal and Administrative Information
Staten]ent of Trustees, Responsibilities
Independent Examiner's report
Statement of Financial Activities
Balance sheet
Notes to the fmancial statements

ULSTER ARCHAEOLOGICAL SOCIETY
LEGAL AND ADMINISTRATIVE INFORMA TION
AT 311t DECEMBER 2024
PRESIDENT
Miss Anne MacDern)ott
VICE-PRESIDENTS
Prof Eileen Murphy
Mr Ruairi O Baoill (resigned 12105124)
Mr John Moore
HONORARY SECRETARY
Mr Patrick O'Neill (appointed 26102 124)
ASSISTANT SECRETARY EVENTS
Miss Anne MacDernJott
HONORARY TREASURER
Mr Lee Gordon
HONORARY EDITOR, JOURNAL
Mr Corn]ac Bourke
HONORARY EDITOR,
NEWSLETTER
Dr Duncan Berynan
HONORARY FIELDWORK
CO.ORDINATOR
Mr Malachy Conway
STANDING COMMITTEE
Mr Randal Scott
Mr Leo van Es
Mr David Craig
Mrs Roisin Mccaughan
Miss Grace McAlister
Mr Brian Sloan
Dr Rena Maguire
Miss Nicole Finlay (appointed 21110124)
Dr Courtney Mundt
Ms Cherie Edwards
MTS Bronagh MU￿aY (appointed 17106124)
NORTHERN IRELAND CHARITY
NUMBER
NIC101151
ACCOUNTANTS
Baker Tilly Mooney Moore
Chartered Certified Accountants
17 Clarendon Road
Clarendon Dock
BELFAST
BTI 3BG
PRINCIPAL BANKERS
Ulster Bank
Connswater Retail Park
BELFAST
BT5 4AF
Page I

ULSTER ARCHAEOLOGICAL SOCIETY
TRUSTEES? RESPONSIBILITIES
FOR THE YEAR ENDED 31" DECEMBER 2024
The Charities Act (ND 2008 requires the b￿SteeS to prepare financial statements for each fmancial year which give a trne and
fair view of the Society's financial activities during the year and of its [￿anCIal position at the end of the year. In preparing
those fmancial statements. the trustees are required to".
-5elect suitable accounting policies and then apply them consistently.
-make judgements and estimates that are reasonable and prlldent.
-prepare the fmancial staternents on the going concern basis unless it is inappropriate to presume that the Society will
continue in business.
The trustees are responsible for tnaintaining proper accounting records which disclose with reasonable accuracy at any time
the fmancial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act (NI)
2008. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularitie5.
Approved by the ttustees and signed on their behalf by..
Anne MacDern]ott
Date:
IqJ,al#a2.fj......
Page 2

ULSTER ARCHAEOLOGICAL SOCIETY
INDEPETrIDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ULSTER ARCHAELOGICAL SOCIETY
We report on the accounts of the Trust foT the year ended 31 Decetnber 2024, which are set out on pages 4 to 9.
Respective responsibilities of charity trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern
Ireland) 2008.
It is our Tesponsibility to-.
examine the accounts under section 65 of the Cbarities Act
follow the procedures laid down in the general DiTections given by the Cornmis5ion under section 65(9)(b) of the
Charities Act
state whether particular matters have come to our attention.
Basis of independent examiner's report
We have exatnined your charity a¢counts as required under section 65 of the Charities Act and our examination was Ca￿led
out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)0)) of
the Charities Act.
Our examination included a review of the accounting records kept by tbe charity and a comparison of the accounts presented
with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations
from you as charity tru5fres concerning any such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
l. That accounting recor¢ls were not kept in accordance with section 63 of the Charities Act
2. That the accounts do not accord with those accounting Tecords
3. That the accounts do not comply with the accounting Tequirernents of the Charities Act
4. That there is further infonnation needed for a proper understanding of the accounts to be Teached.
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters (l) to (4) listed above an(L in connection
with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require th7wing
to your attention.
ICL c, 11 1400/
Baker Tilly Mooney Moore
Chartered Certified Accountants
17 Clarendon Road
Clarendon Dock
Belf&st
BTI 3BG
Date..
tE ki 20><
Page 3

ULSTER ARCHAEOLOGICAL SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31" DECEMBER 2024
Unrestricte
d Funds
Restricted
Funds
Totsl Funds
2024
Total Funds
2023
Notes
Income and Expenditure
Income from:
Donations & legacies
Charitable activities
12,860
12,860
9,189
15,894
15,894
15,678
Investsnents
1,928
1,928
1,581
Total
30,682
30,682
26,448
Expenditure on:
Costs of generating fimds
Charitable activities
7,889
7,889
7,867
17,283
17,283
15.788
Total
25,172
25,172
23,655
Net income/ (expenditure) for the
year
5,510
5,510
2,793
Transfers betTrveen funds
Net movement in funds
5,510
5,510
2,793
Balances brought forward
I" January 2024
52,404
528
52,932
50,139
Balances carried forTrv2rd
3151 December 2024
57,914
528
58,442
The notes form part of these financial statements
Page 4

ULSTER ARCHAEOLOGICAL SOCIETY
BALANCE SHEET
AS AT 31" DECEMBER 2024
Notes
2024
2023
FIXED ASSETS
Tangible assets
310
413
CURRENT ASSETS
Debtors
13,019
65,222
1,267
61,068
62,335
9,816
C&sh at bank and in band
78,241
20,109
CREDITORS: amounts falling due within one year
NET CURRENT ASSETS
58,132
52,519
TOTAL ASSETS LESS cUR￿NT LIABILITIES
58,442
52.932
NET ASSETS
58,442
52,932
FUNDS
Uwestricted Funds
io
57,914
528
52,404
528
Restricted Funds
io
TOTAL FUNDS
58,442
52,932
The fInancial statements were auth0ri5ed for issue by the trustees and signed on their behaIf by:
Mr Lee Gordon
Date..
1-11015
The notes form part of these financial statements
Page 5

ULSTER ARCHAEOLOGICAL SOCIETY
NOTES TO THE FINANCIAL STATELIIENTS
FOR THE YEAR ENDED 31$t DECEIVIBER 2024
STATEMENT OF ACCOUNTING POLICIES
Accounting convention
The fmancial statements have been prepared under the historical cost convention. They have been prepared in
accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Chartties" and
the Financial Reporting Standard applicable in the UK and Republic of Lreland (FRS 102) (effective l January
2015) Charities SORP (FRS 102)) and the Charities Act (Nl) 2008.
Income
All income is recognised once the society has entitlement to the funds, it is certain that the funds will be received
and the monetary value of income can be measured with sufficient reliability. Income from charitable activities
represents amounts receivable from members and other sundry income. Donations and legacies are recognised in
fiLII in the Statetnent of Financial Activities foT the period to which they relate.
Expenditure
Liabilities are recognised as expenses as soon a5 there is a legal or constrnctive obligation committing the society
to the expenditure. All expendiLl￿e is accounted for on an accrllal's basis.
Costs of generating funds
The cost of generating funds consists of the printing costs of the Ulster Journal of Archaeology and
costs incurred with the society's annual dinner.
Charitable activities
Costs of charitable activities include expenses incurred in respect of leCth￿¢S and field trips organised
by the society, together with all costs involving the public accountability of the charity and it's
compliance with regulation and good practice.
Taxation
There is no liability to taxation due to the society's charitable ststus.
Fund Accounting
The society has various types of funds for which it is responsible and which require separate disclosure.
These are as follows:
Restricted Funds
Donations received which are designated by the donor for specific puryoses. Such purposes are
within the overall airns of the organisation.
Unrestricted Funds
Funds which are expendable at the discretion of the society in ￿rtheran¢e of the object5 of the
society.
Tallgible Fixed Assets
Depreciation is provided at the following annual Tates in order to write off each asset over its estimated
Use￿1 life.
Sundry Equipment- 250/0 reducing balance
Page 6

ULSTER ARCHAEOLOGICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31" DECEMBER 2024
INCOME FROM
DONATIONS & LEGACIES
Unrestricted
Funds
Restricted
Funds
Tot21 Funds
2024
Total Funds
2023
Personal subscriptions
Institutional subscriptions
8,116
4,744
8,116
4,744
12,860
6,943
2,246
9,189
INCOME FROM
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Sale of back numbers
Royalties - Publisher Licensing Society
Conference receipts
Annual dinner
Field trips
Sundry
166
31
2293
714
12,617
73
15,894
166
31
2,293
714
12,617
73
15,894
263
368
2,289
923
11,211
624
15.678
INVESTMENT INCOME
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Tot21 Funds
2023
Bank deposit inteTest
1,928
1,928
1,928
1,928
1.581
1.581
ANALYSIS OF EXPENDITURE
ON GENERATING FUNDS
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Printing costs
Annual dinner
7,175
714
7.889
7,175
714
7,889
6,911
956
7.867
Page 7

ULSTER ARCHAEOLOGICAL SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st DECEMBER 2024
ANALYSIS OF EXPENDITiniE ON
CHARITABLE ACTIVITIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
Total Funds
2023
Costs direetly allocated to charitable
activities
Lecture costs
Subscriptions
Conference costs
Field trip expenses
574
50
727
12,771
14,122
574
50
727
12,771
14,122
632
50
412
10,855
11.949
Support costs
Postage and stationery
Insurance
Bank charges
Accountancy
Sundry
Depreciation
1,233
627
113
816
269
103
3,161
1233
627
113
816
269
103
3,161
2,277
590
43
792
137
3.839
Page 8

ULSTER ARCHAEOLOGICAL SOCIETY
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31" DECEMBER 2024
TANGIBLE FIXED ASSETS
Sundry
Equipment
Total
Cost
At 1° January 2024
Additions
At 31" December 2024
4,875
4,875
4,875
Depreciation
At I" January 2024
Charge for the year
At 31" Decernber 2024
4,462
103
4,565
4,462
103
Net Book Value
At 3151 December 2024
At 3 ISI December 2023
310
413
310
413
DEB TORS
2024
2023
Sundry debtors
13,019
1.267
CREDITORS: Amounts falling due within one year
2024
2023
Subscriptions Teceived in advance
Accruals
I,ioi
19,008
20,109
840
8,976
9.816
io.
ANALYSIS OF CHARITABLE FUNDS
Unrestricted
Funds
Restricted
Funds
Total
At isl January 2024
Net income/ (expenditure)
At 31" DecembeT 2024
52,404
5,510
57,914
528
52,932
5,510
528
Page 9