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
#212

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 Co￿P1 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 fO￿ard
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 be￿een 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 un￿StrIcted 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