Company registration number: N1035582 Charity commission registralion number.. NIC101510 HMRC charity reference number.. XN48188 Ulster Architectural Heritage Society {A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 December 2023 AD5ARSYJ 22106rd024 COMPANIES HOUSE A7
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Ulster Architectural Heritage Society Contents Reference and Administralive Details Directors, Annual Report 2104 Independent Examinerfs Report 6107 Statement of Financial Activities Balance Sheet 9t010 Notes to the Financial Statements 11to23
Ulster Architectural Heritage Society Reference and Administrative Details DlreGtors David J Johnston (Chair) John H Anderson (Vice-Chairm8nl Geoffrey S Brooks (Honorary Treasurer) {appoinled on 8 June 2023) Alastair J Rankin (Honorary Secretary) Rosie Ford-Hutchinson Marcus M Patton Stephen A Craig E Murray Power Susan Hannam (co opted on 8 June 2023) Scott McBurney (co opted on 8 June 2023) Nikki Mcveigh (co Opled on 8 June 2023) Daniel Calley {co opted on 8 June 2023) Robert J Edmund (resigned on 31 January 2023) Alastair J Rankin Secretary Charity Commission RegSstration Number NIC101510 HMRC Charlty Number XN48188 Company Number N1035582 Registered Office 7 College Square North Belfast Antrim BT16AR Banker8 D8nske Bank Foreslside Shopping Cenlre Upper Galwally Belfast BT8 6FX Solicitors Cleaver Fulton Rankin So Bedford Street Belfast BT2 7FW Independent Examlner Brian Stewart For on and behalf of RBCA Limited Chartered Accountants Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG Page 1
Ulster Architectural Heritage Society Directors, Annual Report The trustees, who are direclors for Ihe purposes of company law, present the annual report togelher with the financial statements and auditors, report of the charitable company for the year ended 31 December 2023. Objectives and activilies The principal objectives of the charity are.. To promote the appreciation and enjoyment of good architecture of all periods-, To encourage the preservation of buildings and groups of buildings of artistlc merit or historic interest., To encourage public awareness and appreciation of the beauly, history and character of local neighbourhoods and their surroundings. The aclivities undertaken during the year are detailed in the activities and performance. Public baneflt Ulster Architectural Heritage Society continues to create high levels of public benefit through its k8y activities (see 'achievements and performance, section for more detail). The public benefits are as follows.. The advancement of buill heritage through the provision of capital and other regeneration work to buildings throughout Northern Ireland., The advancemenl of education by encouraging public awareness and appreciation of the beauty. history and character of local neighbourhoods and the architecture and buildings within them through the provision of lectures and infofmalion; and The advancement of citizenship and community development through the provision of capital regeneration work to buildings throughout Northem Ireland and encouraging public awareness and appreclatlon of the beauty, hlstory and character of local newJhbourhoods and the architeclure and buildings within them. Page 2
Ulster Architectural Heritage Society Dtrectors. Annual Report Achievements and performance The following achievements and performance refle¢l the main expenditure in the year: Projects Heritage at Risk - This major ongoing project funded and delivered in partnership wilh the Department for Communities, Historic Environment Division registered 97 addilional properties during the year. Hands on Heritage - Work has continued to progress with this project with the development of a heritage recording and reporting app, short guides and an online toolkit which support8 publlc Participation in the protection of built heritage in Northern Ireland. Herilage Angel Awards- Work has started thal will culminat8 in an awards c8remony in Spring 2024. This is a major province wide award programme run by UAH which highlights success in the built heritage sector. It is supported by the Andrew Lloyd Webber Foundation and by the Department of Communities. EHOD. Involvemenl In European Heritage Open Day Actlvlty in conluncllon with HEARTH and Belfast City Council. Doorways tell Stories. In conjunction with Belfast City Council produced a virtual and actual tour looking at Hisloric DooNays and their history. Events Events included a programme of lectures whlch were avallable lo enjoy both in person and on-line. There was also a programme of visits to places of interest which were generally over-subscribed and popular. Publications Research and planning was ongoing with a view to bringing forward publication next year. Perspective Magazine - UAH continued with the bi-monthly articles for the Royal Society of Ulster Architects 'Perspective Magazlne, on built heritage issues and heritage bulldings of note. In addition to the above print publicalions regular social media postings on a variety of platforms and newsletters both physical and digital were produced Ihroughout the year. Page 3
Ulster Architectural Heritage Society Directors. Annual Report Trustees and officers The trustees and officers seNing during the year and since the year end are listed on page 1. Flnanclal Revlew The results for the year are set out on page 8. Net movement in funds was £4,450 for the year compared lo £2,946 for the previous year. At the year end the balances of restricted and unreslricted funds held were £257,756 and £42,170 respecliv81y. Rèserves policy The Direclors, alm lo mainlain sufficient free reseNes to enable Ihe Charity to maintain ils charitable activities at its current level and, if possible, to increase it. Structure, govérnance and management Ulster Architectural Heritage Society is a company limited by guarantee, incorporated on 10 February 1999. It is govemed by Its Memorandum and Artlcles of Association dated February 2009. updated 2016. The Committee when complete consists of not more than 12 individuals including the Chairman, with, in addition, Vice-chairman, the Honorary Secretary or Honorary Secretaries and Honorary Treasurer. All members of Committee and Officers are members of the charitable Company, Recruitment and Appointment of Committee Members Committee make-up is reviewed on a regular basis to ensure skills, knowledg8 and experience meets the needs ol the charitable company. The Committee shall have power to fill any vacancies arising on the Committee or amongst the Officers, and shall have power to CO-OPI not more than 3 additional voting members during one year, and to CoP1 further members who may attend the meetings of the Committee in an advisory and non-voling capacity. New Committee members complete an induction process and are provided with policies and procedur8S. Disclosure of information to auditor Each trustee has taken steps that they ought to have taken as a Irustee in order to make themselves aware of any relevant audit infomialion and to establish that the charity's auditor is aware of thal information. The trustees confirm that there is no relevant information that they know of and of whlch they know the auditor is unaware. Page 4
Ulster Architectural Heritage Society Directors, Annual Report Statement of Dlrectors, ResponslbllStles 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 Ihe Directors have eleded lo prepare the financial statements in aGcordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must nol approve the financial statements unless they are satisfied Ihal they give a true and fair view of the state of affairs of the Gompany and of the incoming resources and application of resources, including the income and expenditure, of the company for that period. In preparing Ihese financial statements, the Directors are required to: select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriale to presume that the charitable company will continue in business. The Directors are responsible for keeping adequate accounting records that are sufficient to show and explaln the company's transactions and disclose with reasonable accuracy at any time the financial posilion of the company and enable them to ensure that the financial stalem8nts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of th8 company and hence for laking reasonable steps for the prevention and deleclion of fraud and other Irregularities. Special provisions relating to small companies This report has been prepared having taken advantage of the small companies exemption in the Companies Act 2006. 13 M8y 2024 Approved by Ihe trust88s of the charity on and signed on its behaff by.. Dr David J Johnston Chair G S &..L. Geoffrey S Brooks ACMA Treasurer Page 5
Ulster Architectural Heritage Society Independenl Examiner's Report I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023. Responsibilities and basi8 of report As the charity trustees (and also the dlrectors of the company for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is nol subject to audit under company law, and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 65 of the Charities Act., follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65{9)(b) of Ihe Charities Act. stale whether particular matters have come to my attention. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the accounts present a 'true and fair, vlew and my report is limited lo Ihose specific matters set out in the independent examinerfs slalement. Basls of Independent examlner's report I have examined your charity accounts as qUIred under sectlon 65 of the Charltles Act and my examination was carried out in accordance with the general Direclions given by the Charity Commission for Northern Ireland under section 65{9){b) of the Charities Act. The examination included a review of the accounting records kept by Ihe charity and a comparison of the accounts presented with those records.11 also included consideration of any unusual items or disclosures in the accounls. and seeking explanations from you as charity trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe.. 1. That accountlng records were not kept in a¢¢ordancé with seciion 386 of Ihe Companies Act 2006; 2. That the accounts do not accord with those accounting records., 3. That Ihe accounts do not comply with the accounting requirements of section 396 of the Companies Acl 2006 and wilh the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelarbd; and 4. Thal there is further informalion needed for a proper understanding of the accounts to be reached. Page 6
Ulster Architectural Heritage Society Independent Examiner's Report Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and. in connection with following the Directions of the Charity Commission for Northem Ireland, I have found no matters that require drawing to your attention. 54.- Brian Stewart For on and behalf of RBCA Limited Chartered Accounlanls Llnenhall Exchange 26 Linenhall Street Belfast, BT2 8BG 17 May 2024 Page 7
Ulster Architectural Heritage Society Statement of Financial Activities for the Year Ended 31 December 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Total 2022 £(As restated) Unrestricted funds Restricted funds Total 2023 Note Income and Endowments frorn: Donations and legacies Charitable activities Investment income Other incom8 39,355 12,017 6,712 2,510 27,500 89,368 66,855 101,385 6,712 2,510 91,517 114,910 6,555 2,489 Total income 60,594 116,868 177,462 215.471 Expenditure on: Charitable activities 81,184 92,749 173,933 204,111 Total expenditure Galnsllosses on revaluallon of fixed assets (81,184) <92,749) (173,933) (204.111) 921 8,414 Net (expenditureyincome Net movement in funds 19,669 24,119 4,450 2,946 (19,669) 24,119 4,450 2,946 Reconclllatlon of funds Tolal funds broughl forward Total funds carried fOard 55,839 239,637 295,476 292,530 36,170 263,756 299,926 295,476 Continulng operatlon8 All of Ihe charily's activilies derive from continuing operations during the above periods. Total recognised gains and losses There are no recognised gains and losses other than those passing through the Statement of Financial Aclivilies. The notes on pages 11 to 23 fomi an integral part of these financial statemenis. Page 8
Ulster Architectural Heritage Society (Registration number.. N1035582) Balance Sheet as at 31 December 2023 2022 £{As restated) 2023 Noté Fixed assets Tangible assets Investments 1,529 211,663 3,005 210,742 12 213,192 213,747 Current assets Stock of publications Debtors and prepayments Cash al bank and in hand 15,776 16,618 78,847 26,276 34,665 48,530 13 111,241 109,471 Credltors: Amounts falling due within one year 14 24,507 27,742 Net current assets 86,734 81,729 Net a88e18 299,926 295,476 Funds of the charity: Restricted income funds Restricted funds 263,756 202,404 Unreslricted income lunds Unrestricled funds 36,170 93,072 Total funds 299,926 295,476 The noles on pages 11 to 23 form an integral part of these financial slalements. Page 9
Ulster Archltectural Herltage Soclety (Registration number: N1035582) Balance Sheet as at 31 December 2023 For the financial year ending 31 December 2023 the charity was entilled lo exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, responsSbllitles'. The members have not required the charity to obtain an audit of its accounts for the year in queslion in accordance with section 476., and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 8 to 23 were approved by the trustees, and authorised for issue on and slgned on thelr behalf by.. Dr David J Johnston Chair ro¢ Geoffrey S 8rooks ACMA Treasurer The notes on pages 11 to 23 form an integral part of these financial statements. Page 10
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 1 Charity Status The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not havè share capital. The address of its registered office is.. 7 College Square North Belfast Antrim BT18AR 2 Accounting policies Accounting policie5 The following accounting policies have been applied consistently in dealing with items which are considered material in relalion lo the financial statements. Pr88entatlonal currency and level of roundlng The presentational currency is £ sterling and the level of roundlng Is to the nearest £. Basis of preparation The charity ¢onsb'tules a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statemenl of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Issued in October 2019, the Financial Reporting Standard applicable in the Uniled Kingdom and Republic of Ireland (FRS 102), the Companies Act 2006 and UK Generally Accepled Accounting Practice. The charity does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. The financial slatements are prepared on a going concern basis under the historical cost convention, modified to include certain ilems at fair value. The slgnlfi¢anl accounting policies applied in the preparation of these financial statements are sel out below. These policies have been consistently applied to all years presented unless otherwise stated. Page11
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 Income recognition All incoming resources are included in the Statement of Financial Activilies when the charity is legally enlilled to the income and lh8 amounl can be quantified with reasonable accuracy and it is probable that the income will be received. All incoming resources arose wholly in the United Kingdom, For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those condilions Is within the control of the charily and it is probable that Ihey will be fulfilled. For legacies, entitlement is the earlier of the charity being nolified of an impending distribution or the legacy being re¢elved. At this point income is recognised. On occasion legacies will be notified to the chanty however il is not possible to measure the amount expected to be distributed. On these occasions. the legacy is treated as a contingent asset and disclosed. Investment income is earned through holding assets for investment purposes such as shares. It includes dividends and interest. Where it is not praclicable lo identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest melhod and dividend and renl income is recognised as the charily's right lo receive payment is established. Income from government and other grants are recognised at fair value and when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entltlement is nol mel, then these amounts are deferred. Expendltur• r•cognltion All expenditure is accounted for on an accruals basis and has been classified under headlngs that aggregate all costs related to the category. The majority of costs are directly atlribulable to specific a¢livities. Irrecoverable VAT is charged as an expense against the activily for which expenditure arose. Support cosls are Ihose Ihat assist the work of the charliy but do not directly represent charltable aclivities and include office costs and governance costs. They are incurred directly in support of expendilure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have b88n allocated to expenditure on charitable activities on the basis of the time spent on those activities. Governance costs indude those incurred in the governance of its assets which are associated wilh Constitutional and statutory requirements. Page 12
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 Fund accounting The charity has different types of funds for which it Is responsible, and which require separate disclosure. These are as follows: Unreslricled funds. Funds which are expendable at the discretion of the Dlrectors the furtherance of the objectives of the charity. In addition the funds may be held in order lo finance capital investment and working capital. Restricted funds. Donations and grants received which are earmarked by the donor or funder for specific purpose. Such purposes are within the overall aims of the organisation. Endowmenl funds represent those assets which must be held permanenlly by the charity, principally donations, legacies or bequests in excess of £5,000 are, unless prevented under terms thereof, invested. Income arising on the endowment funds Can be used in accordance with Ihe objects of the charlly and Is includèd as unrestricted income. Any capital gains or losses arising on the inv8slments form part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund. Tangible fixed assets Tangible fixed assets are slated at cost less depreclallon. Depreciation Is provided at rates calculated to write off the cost less estimaled residual value of each asset over ils expected useful life, as follows.. Office equipment - 25Yo Straight line Investments Investments are stated on the balance sheet at market value and all movements, including realised and unrealised gains and losses, are recognised in 'net gains l (losses) on investments, in the Statement of Financial Activities. Realised gains and losses are the aggregate of profits and losses of sales of inveslment units. Stock of publlcatlons Stock is valued at the lower of cost and net realisable value. Stocks held for less than one year are stated al cost, stocks held beeen one and Iwo years are staled al 50 % of cost and stocks held for more than two years are staled al 10°A of cost. If in any case net realisable value of any item of stock is lower than valuation. then thal item is valued at net realisable value. Debtors Short term debtors are measured at transaction prlce (which is usually the Invoice pricel, less any impairment losses for bad and doublful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured al amortised cost determined using the effeclive interest method, less any impairmenl losses for bad and doubtful debts. Page 13
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 Credltors Short term creditors are measured at transaclion price (which Is usually the invoice price). Loans and other financial liabilities are inilially reco9nised at transaction price net of any transaction costs and subsequently measured at amortised cost detemiined using the effeclive interest method. Leaslng Rentals payable under operating leases are charged against income on a straight line basis over the lease term. Taxation The company is a registered charity and is not liable to tsx on funds generated from activities within Ihe scope of the ¢harilable exemptions. Page 14
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 3 Income from donatlons and legaci•s Unrestricted funds General Restricted funds Total funds 2023 Donations and legacies., Donations Grants, including capit81 granls- Granls Subscriptions 2,567 6,000 8,567 23,423 13,365 21,500 44,923 13,365 Total for 2023 39,355 27,500 66,855 2022 Donations Grants Subscriptions 5,111 20,170 23,236 3,000 40,000 8,111 60,170 23,236 Total for 2022 48,517 43,000 91,517 4 Income from charitable activities UnrestrlGted funds General Restrlcted funds Total funds 2023 Projects Publication Sales Events Consultancy Total for 2023 2022 Projects Publication Sales Events Consultancy Total for 2022 89,368 89,368 9,812 1,823 382 9,812 1,823 382 12,017 89,368 101,385 89,805 89,805 16,027 4,339 4,739 16,027 4,339 4,739 25,105 89,805 114,910 Page 15
Ulster Architectural Heritage Society Notes to the Flnanclal Statements for the Year Ended 31 December 2023 5 Investment income Unrestricted funds General Total funds 2023 Income from dividends.. Dividends from equity investments Interest receivable and similar income., Inter8sI receivable 6,547 6,547 165 165 Total for 2023 6,712 6,712 Unrestricled funds General Total funds 2022 Income from dividends: Dividends from equity investments Interest receivable and similar income., Interest receivable 6.355 6,355 200 200 Total for 2022 6,555 6,555 6 Other income Unrestrlctad funds General Total funds 2023 Other incorne Rental income 10 2.500 10 2,500 Total for 2023 2,510 2,510 2022 Other income Rental income 1.239 1.250 1,239 1,250 Total for 2022 2,489 2,489 Page 16
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 7 Expenditure on charitable actlvlties Activities Undertaken Oirectly Support Costs 2023 Total 2022 Total Publications Projecls Events Consultancy 27,145 82,934 5,754 9,322 125,155 5,317 34,563 2.659 5,317 32,462 117,496 8,413 14,640 26.230 140.825 16,677 20,379 47,856 173,011 204.111 Support Costs 2023 2022 Advertising & Marketing Audit & Accountancy fees Belfast City Council Grant Expenses Cleaning Oepreciation Expense General Expenses Insurance IT Software and Consumables Legal Expenses Light, Power, Healing, Water Charity Donation Postage, Freight & Courler Property Costs Renl Salaries Staff Traininglcosts Statlonery Costs Subscriptions lo other Bodies Telephone & Intemet Repairs & Maintenance Gainl(Loss) on Revaluation 1,056 2,403 1,220 2,663 1,476 1,286 999 4,236 4.284 6.115 100 1,918 1,024 3,000 9,322 2,731 1,034 80 3.830 1,308 3,150 2,448 1,476 3,046 1,634 3,964 1,747 4,076 1,927 3,000 15,193 1,002 225 2,021 457 921 47,856 46,672 Page 17
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 8 Governance costs 2023 2022 Accountancy fees 2,400 2,300 2,400 2,300 9 Staff costs The aggregate payroll costs were as follows: 2023 2022 Social Security costs Wages & Salaries Pension contributions 4,294 86,780 2,151 8,919 140,045 2,969 93,225 151,933 The average number of employees durlng the year, calculated on Ihe basis of full-time equlvalents, was a5 follows.. 2023 2022 Chantable activities No employee received 8moluments of more than £60,000 during the current year {2022'. £NIL). 10 Dlrectors, remunaratlon No director received any remuneration from the company during the current year {2022- £NIL). No director expenses were incurred during the current year (2022: £NIL) Page 18
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 11 Tangible fixed assets Furnlture and equipment Total Cost At 1 January 2023 16.385 16,385 At 31 December 2023 16,385 16,385 Depreciatlon Al 1 January 2023 Charge for the year At 31 December 2023 13.380 1,476 13,380 1,476 14,856 14,856 Net book value At 31 December 2023 1,529 1,529 At 31 December 2022 3,005 3,005 Page 19
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 12 Fixed asset Investments Total Cost At 1 January 2023 Additions 210,742 921 Al 31 December 2023 211,663 Nel book value At 31 Oecember 2023 211,663 At 31 Oecember 2022 210,742 13 Debtors 2023 2022 Trade d8btors Prepayments Other debtors 2.916 750 12,952 11,878 750 22,037 16,618 34,665 14 Credltors: amounts falllng du8 wlthin one year 2022 £{As restated 1,756 2.914 716 22,356 2023 Trade creditors Taxalion and social security Other creditors Accwals and deferred income 2,525 21,980 24,507 27,742 Page 20
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 15 Funds Balance at 31 December 2023 Analysls movements of fund Balance at 1 January 2023 Gainsl (losses) Income Expendlture Transfers Unrestricted Funds 55,894 60,594 (62,142) 8,830 63,176 Designated reserves membership fund Designated Reserves Planning Disputes Designated Reserves publicalion Total unStrIcted funds Life 8,830 (8.830) 6,000 6,000 8,348 (8,348) 73.072 66,594 (62.142) (8,348) 69,176 Reslricted funds (details below) Endowment fund 101,327 110,868 (110,868) 8,348 109,675 121,077 222,404 121,077 8,348 230,752 Total restricted funds 110,868 (110,868) Total funds 295,478 177,462 (173,010) 299,928 The designated reserves related to life membershlp fund is memb8rs who paid a one off f8e lo become a lifetime member and thus do not have to pay an annual subscription. The Society's Committee agreed to transfer the balance of designated reserves related to the life membership fund lo unrestricled funds within the yèar. The designated reserves related to publication was the balance remaining from the Peter Rankin legacy for the publication of Buildings of South County Down. The Socielvs Commillee agreed to transfer the value lo the public4tion designated fundllegacy having determined the balance no longer has a specific purpose. During 2023, the Society received £6000 from Ihe Holwod Conservation Group representing the residual balance of Ihe Group on its dissolution. At the request of the Group the Society has restricted Ihe funding to support Judicial Reviews or similar activity in relalion to disputed Planning decisions. Page 21
Ulster Architectural Heritage Society Notes to the Flnanclal Statements for the Year Ended 31 December 2023 Reslricled income fund8 Balance at 1 January 2023 Balance at 31 December 2023 Income Expenditure Transfers Publication donations Publication legacy Repair Grant HARNI reimbursemenls 101,327 8,348 109,675 1.500 46,500 32,868 10.000 {1.500) {46.500) (32.868) 110.000) The Heritsge in Your Hands Heritage Angels National Lottery Heritage Arts Challenge Income Esme Mitchell Core Funding Step inlo Spring Summer School 20,000 120.0001 Total funds 101,327 110,868 (110,868) 8,348 109,675 The publication legacy can specifically only be used for publiGations but is unrestricted to which publication. The HARNI reimbursements were for an officer who assisted in the Heritag8 at Risk project including their wages and basic expenses.The aim of this project is to r8cord architecturally and historically important buildings that appear to be at risk in Northern Ireland, and act as a calalyst for conservation and re-use of built hentage al risk. The Heritage Projects Development and Planning Officer position is supported by Ihe Esme Mitchell fund. This post is designed to further develop Ulster Archilectural Heritage's sustainability by expanding the scope of operations and projects over the next 2 years. The Heritage in Your Hands project provides a programme that combines the reinvigoralion of traditional means heritsge engagement and outreach, wilh the introduction of a new range of digital engagement models and technologies, to better connect peop18 and communities with built heritage. The Heritage Angels celebrates the achievement of individuals, groups and communities who have helped to rescue. regenerate, research and record buill heritage in Northern Ireland. 16 Share capital The charity is a company limited by guaranlee and does not have share capital. Page 22
Ulster Architectural Heritage Society Notes to the Financial Statements for the Year Ended 31 December 2023 17 Related party transactions The Directors, Alastair Rankin and Marcus Patton are both Trustees of Hearth Historic Buildings Tnjst. As al 31st December 2023, Ulster Architectural Heritage Society was owed £nil (2022: £nill from Hearth Historic Buildings Trust for renlal income. Rental income received from Hearth Historic Buildings trust was £2,500 (2022.. £1,250). Ulster Architectural Heritage Society also pays rent quarterly lo Belfast Natural History and Philosophical Society amountin9 10 £3,000 per annum (2022.. £3.0001 of which Marcus Patton is also a trustee. 18 Analysls of net assets between funds Endowment funds Restrlcted Unrestrlclad funds funds Tolal Fund balances at 31 December 2023 are represented by: Fixed assets 121,077 89,665 47,014 2,451 213,193 31,833 78,847 7,888 7,888 42,170 299,926 Cash and current investments Other current assets and liabilities 121,077 136.679 Endowment funds Restricted Unrestricted funds funds Total Fund balances at 31 December 2022 are represented by= Fixed assets 121,077 89,665 11.662 3,005 213,747 36,868 48,530 53,199 53,199 93,072 315.476 Cash and current investments Other current assets and liabilities 121,077 101.327 Page 23