Company registration number.. N1035582
Charity commission registration number- NIC101510
HMRC Gharity reference number.. XN48188
Ulster Architectural Heritage Society
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 December 2024
*AE6CGTXT*
0810712025
COMPANIES HOUSE
A18
#31

Ulster Architectural Heritage Society
Contents
Reference and Administrative Details
Directors, Annual Report
2to5
Independent Examiner's Report
7t08
Statement of Financial Activitie5
Balance Sheet
10t011
Notes to the Financial Statements
12to23

David J Johnston (Chair to 16 May 2024) Daniel J Calley (Chair from 16 May 2024) John H Anderson (Vice-Chair) Geoffrey S Brooks (Honorary Treasurer) Alastair J Rankin (Honorary Secretary to 16 May 2024) E Murray Power (Honorary Secretary from 16 May 2024) Stephen A Craig Susan J Hannam Robert D Lister Rosie Ford-Hutchinson Nigel J Kinnaird Scott J McBurney Nicola McVeigh Marcus M Patton Alastair J Rankin (Honorary Secretary to 16 May 2024) E Murray Power (Honorary Secretary from 16 May 2024) 



Ulster Architectural Heritage Society
Directors, Annual Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements and auditors, report of the charitable Gompany for the year ended 31
December 2024.
Trustees and officers
The Irustees and officers serving during the year and since the year end are listed on page 1.
Objectives and activities
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 artistic merit or historic
interesl.
To encourage public awareness and appreciation of the beauty, history and character of local
neighbourhoods and their surroundings.
The activities undertaken durtng the year a￿ detailed in the activities and perf0rrnan￿.
Public benefit
Ulster Architectural Heritage Society continues to create high levels of public benefit through its key
activities (see 'achievements and performance. section for more detail). The public benefits are as
follows-
The advancement of built heritage Ihrough the provision of capital and other regeneration work to
buildings throughout Northern Ireland-
The advancement of education by encouraging public awareness and appreciation of the beauty,
history and character of local neighbourhoods and Ihe architecture and buildings within them through
the provision of lectu￿S and information- and
The advancement of citizenship and community development through the provision of capital
regeneration work to buildings throughout Northern Ireland and encouraging public awareness and
appreciation of the beauty, history and character of local neighbourhoods and the architecture and
buildings within them.
Page 2

Ulster Architectural Heritage Society
Directors, Annual Report
Achievements and performance
Herita
e at Risk
The Heritage at Risk project {HARNI) is a long-standing partnership between the Society and what is
now the Historic Environment Division of the Department for Communities. Eslablished in 1993, the
project aims to record architecturally and historicalSy imporiant buildings that appear to be at risk and
to act as a catalyst for their conservation and re-use.
In the past year, the HAR Officer carried out site visits to over 100 structures and added 64 to the
Heritage at Risk Register. 23 buildings were removed for positive reasons. The Officer also
responded lo 144 queries relating lo heritage at risk. made an average of three social media posts per
week on the subject, contributed five articles to the RSUA magazine Perspective relating io heritage
at risk, and spoke at seven relevant events across Northern Ireland.
The Officer helped organise a shared programme of activities at Lissan House in February as part of
the Skills and Slories event and also spoke at the Care to Conserve Herilage conference in Derry in
March and a workshop at the Rural Community Network conference in October. He h8d quarterly
meelings wilh Historic Environment Division lo di5Guss progress and key targets as well as online
meetings to confirm buildings to be added to or removed from the Register.
Events
The period under review has been particularly busy for the Events Committee. Since January 2024.
there have been ten lectures, six heritage visits. three days of Open House book sales, two walking
tours, a weekend city break and last, but not least, a festive drinks paty.
Lectures have covered a wide range of topics, and we have been delighted to we5come outstanding
speakers - both guests and members of the Society family - to the Old Museum Building and, in one
memorable instance in conjunction with The Follies Trust, to Lisbum Museum. Our thanks go to all
our speakers for giving such interesting and informalive talks.
Visits have taken us to various parts of Ulster including Benburb, Caledon, the Clogher Valley,
Cookslown, Coleraine, Glenarm, Hillsborough and, most recently, Greyabbey. Venturing further afield.
members also enjoyed a weekend in Cork in August. Our thanks go to all those who have organised
events, those who have hosted us at Ihe many venues on our travels and, of course, to our rnembers
who have supported us so enthusiastically.
Page 3

Ulster Architectural Heritage Society
Directors, Annual Report
Publications
The main focus for the Publications Committee over the past year was the production of our latest
book Built to Last.. Restoration and Reuse of Buildings al Risk. The first half of the year was spent
pulling together text and photographs for three general essays and 25 case studies of buildings taken
off the Heritage at Risk Register and put to new uses. The book was launcheé by Sean Rafferty in
November and, thanks to considerable promotional endeavours. has been selling steadily.
A Society st￿e guide, including writing tips. a guide lo citations and a list of preferred term5, was
produced during the year and, more recently, the Publications Protocol was updated lo reflect the
impact of the substantial legacy received in 2021.
Work has also started on future publications, including a book on Lanyon, Lynn and Lanyon, one in
the county series on Ihe buildings of County Londonderry, and possible lists of North, West and East
Belfast.
Hands on Herita
Staffing Changes and recruitment delays have affected progress with this project to develop a heritage
recording and reporting app, short guides and an online toolkit to support public participation in the
protection of the built heritage. The Committee hopes that a recent staff appointment will enable
momentum to be quickly re-established.
Plannin
In addition to the public engagement and social media activities associated with Heritage at Risk and
Hands on Hefltage. the Architecture, Planning and Policy Committee has continued to be active in
scrutinising heritage-related planning applicalions, contributing constructively lo public debate on
planning policy issues, and engaging with Ministers and elected representatives.
Two major challenges were initiated against the demolition of the Boyne Bridge (unfortunately since
gone) and continuing proposals for the partial demolition of the former Hospital for Sick Children in
Queen Street, Belfast. Such Ghallenges are visible demonstrations of the Societys active commitment
to its constitutional object of encouraging the presetvalion of buildings of architectural merit or
historical interest.
Herita
eAn
els
The 2023-24 cycle of this awards programme. supported by the Andrew Lloyd Webber Foundation,
the Department for Communities and the National Lottery Heritage Fund, came to its climax with a
highly successful awards night al the end of March 2024 in the Braid Arts Centre, Ballymena, courtesy
of Mid and East Antrim Borough Council.
Financial Review
The results for the year are set out on page 7. Net movemenl in funds with surplus of £294 for the
year compared to £4.450 in previous year. At the year end the balances of restricted and unrestricted
funds held were £221,880 {2023'. £230,752) and £78,340 (2023.. £69,174) respectively.
Reserves policy
The Directors, aim lo maintain sufficient free reserves to enable the Charity lo maintain its charilable
activities at its current level and, if possible. to increase il.
Page 4

Ulster Architectural Heritage Society
Directors, Annual Report
Structure, governance and management
The Ulster Architectural Heritage Society is a company limited by guarantee, incorporated on 10
February 1999. It is governed by its Memorandum and Articles of Association dated February 2009,
updated November 2016. The Committee consists of up to 12 individuals including Ihe four Officers,
namely the Chairman, Vice-chairman, Honorary Secretary and Honorary Treasurer. All members of
Committee are required to be members of the charitable Company.
Recruitment and Appointment of Committee Members
Committee make-up is reviewed on a regular basis to ensure skills. knowledge and experience meets
the needs of the charitable company. Committee members are elected at the Annual General Meeting
and may not normally serve for more than two consecutive four-year terms. The Committee has the
power to fill any casual vacancies arising on the Cornmittee or amongst the Officers.
Disclosure of information to independent examiner
Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves
aware of any relevant audit information and to establish that the Gharity's independent examiner is
aware of that information. The trustees confirm that there is no relevant information that they know of
and of which they know the independent examiner is unaware.
Small ¢ompanies provision statement
This report has been prepared in accordance with the small companies regime under the Companies
Act 2006.
Page 5

Ulster Architectural Heritage Society
Directors, Annual Report
Statement of Directors. Responsibilities
The Directors are responsible for preparing the Difeclors, 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 the Directors have elected to prepare the financial statements in aGGordance with United Kingdom
Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the directors must not approve the financial stalemenls unless they are satisfied
that they give a true and fair view of the stale of affairs of the company and of the incoming resources
and application of resources, including the income and expenditure, of the company for that period.
In preparing these 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 lo presume
that the charitable company will continue in business.
The Directors are responsible for keeping adequale accounting records that are sufficient to show and
explain the company's transactions and disclose with rèasonable accuracy at any time the financial
position of the company and enable them lo ensure Ihat Ihe financial slatements cornply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the company and
hence for taking reasonable steps for the prevention and detection 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.
Approved by the trustees of the charity on
10 Jun 2025
and signed on its behalf by.
Daniel J Calley
Chair
Geoffrey S Brooks ACMA
Treasurer
Page 6

Ulster Architectural Heritage Society
Independent Examiner's Report
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2024.
Responsibilities and basis of report
As the charity trustees (and also the directors of the company for the purposes of company lawl you
are responsible for Ihe preparation of the accounts in accordance with the requirements of the
Companies Act 2006. Having satisfied myself thal the charity is not subject to audit under company
law, ar¢d is eligible for independent examinalion, it is my responsibility lo..
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)(bl of the Charities Act.,
state whether particular matters have come to my attention.
An independent examinalion 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, view and my report is limited to those specific matters set out in the
independent examiner's statement.
Basis of independent exarniner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was Carried out in accor(Jance with the general Directions 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 the 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 trustees conceming any such malters.
My role is lo state whether any material matters have come to my altention giving me cause lo
believe..
1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006;
2. That the accounts do not accord with those accounting record5-
3. That the accounts do not comply with the accounting requirements of section 396 of the Companies
Acl 2006 and with the methods and principles of the Charities Slatement of Recommended Practice
applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard
applicable in the UK and Republic of Ireland- and
4. That there is further infomiation needed for a proper understanding of the accounts to be reached.
Page 7

Ulster Architectural Heritage Society
Independent Examiner's Report
Independent examiner's statement
I have completed my examination and have no concems 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.
S4.-
Brian Stewart
For on and behalf of RBCA Limited
Chartered Accountants
Linenhall Exchange
26 Linenhall Street
Belfast, BT2 8BG
10 Jun 2025
Page 8

Ulster Architectural Heritage Society
Statement of Financial Activities for the Year Ended 31 December 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
Other income
18,781
25,833
7,325
3,259
44,073
46,000
62,854
71,833
7,325
3.259
66,855
101,385
6,712
2,510
Total income
55,198
90,073
145,271
177,462
Expenditure on:
Charitsble activities
49,238
108,115
(157,353)
(173,933
Total expenditure
Gainsllosses on revaluation
of fixed assets
(49,238)
{108,115)
(157.353)
(173,933)
3,206
9,170
12,376
921
Net incomel(expenditure)
9,166
18,872
294
4.450
Net movement in funds
9,166
(8,872)
294
4.450
Reconciliation of funds
Total funds brought forward
69,174
230,752
299.926
295,476
Total funds carried foward
78,340
221,880
300,220
299,926
Continuing operations
All ofthe charity's activities derive from continuing operations during the above periods.
Total recognised gains and losses
There are no reGognised gains and losses other than those passing through the Statement of
Financial Activities.
The notes on pages 12 to 23 fomi an integral part of these financial statements.
Page 9

Ulster Architectural Heritage Society
(Registration number: N1035582)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed assets
Tangible assets
Investments
292
230,039
1,529
211,663
12
230.331
213,192
Current assets
Stocks
Debtors
due within one year
Cash at bank and in hand
24,712
15,776
4,086
47,540
16,618
78,847
76.338
111.241
Creditors: Amounts falling due within one year
14
6,449
24,507
Net current assets
69.889
86,734
Net assets
300,220
299,926
Funds of the charity:
Restricted income funds
Restricted funds
221,880
230.752
Unrestricted in¢ome funds
Unrestricted funds
78,340
69.174
Total funds
300,220
299,926
The notes on pages 12 to 23 form an integral part of these financial statements.
Page 10

Ulster Architectural Heritage Society
{Registration number: N1035582)
Balance Sheet as at 31 December 2024
For the financial year ending 31 December 2024 the charity was entitled to exemption from audit
under seGtion 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the ch2ri1y to obtain an audit of its accounts for the year in
question in accordance with section 476: and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounling records and the preparation of accounts.
The financial statements on pages 9 to 23 were approveé by the trustees. and aulhorised for issue on
10 Jun 2025 and signed on their behalf by..
Daniel J Calley
Chair
Geoffrey S Brooks ACMA
Treasurer
The notes on pages 12 to 23 form an integral part of these financial statements.
Page11

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
1 Charity status
The charity is limited by guarantee, incorporated in Northern Ireland, and consequently does not have
share capital.
The address of its registered office is..
7 College Square North
Belfast
Antrim
BT16AR
2 Accounting policles
Accounting policies
The following accounting policies have been applied consistently in dealing with items which are
considered material in relation to the financial statements.
Presentational currency and level of rounding
The presentational currency is £ sterling and the level of rounding is to the nearest £.
Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by 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 Ireland issued in October 2019,
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS
102), the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The charily does not include a cash flow statement on the grounds that it is applwng FRS 102 Section
1A.
The financial slatements are prepared on a going concem basis under the historical cost convention,
modified to include certain items at fair value.
The significant accounting policies applied in the preparation of these finanGial slatements are set out
below. These policies have been consistently applied to all years presented unless othèrwise stated.
Page 12

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
Income recognition
All incoming resources are includeis in the Statement of Financial Activities when the charity is legally
entitled lo the income and the amoLJnt 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 amounls 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 mel or the fulfilment of those condilions is within the control of the charily and it is probable that
they will be fulfilled.
For legacies, entitlement is Ihe earlier of the charily being notified of an impending distribution or Ihe
legacy being received. At this point income is recognised. On occasion legacies will be notified to Ihe
harity however it 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 eamed through holding assets for investment purposes such as shares. It
includes dividends and interest. Where it is not practicable to identify investment management costs
incurred within a scheme with reasonable accuracy the investment income is reported nel of these
costs. It is included when the amount can be measured reliably. Interest income is recognised using
the effective interest method and dividend and rent income is recognised as Ihe charity's right to
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, il is probable that the income will be
received. and the amount can be measured reliably. If entitlemenl is not met, then these amounts are
deferred.
Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related lo the category. The majority of costs are directly attributable to specific
activities. Irrecoverable VAT is charged as an expense against the actlvity for which expenditure
arose.
Support costs are those that assist the work of the charity but do not directly represent charitable
activities and include office costs and governance costs. They are incurred directly in support of
expenditure on the objeGts of the charity. Where support costs cannot be directly attributed to
particular headings they have been allocated to expenditure on charitable activities on the basis of the
time spent on those activities.
Governance costs include those incurred in the goverr)ance of its assets which are associated with
conslitutional and statutory requirements.
Page 13

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
Fund accounting
The charily has different types of funds for which il is responsible. and which require separate
disclosure. These are as follows:
Unrestricted funds. Funds which are expendable at the discretion of the Directors in the furtherance of
the objectives of the charity. In addition the funds may be held in order to finance capital investment
and working capital.
Restricted fijnds. Donations and granls received which are earmarked by the donor or funder for
specific purpose. Such purposes are withir) the overall aims of the organisalion.
Endowment funds represent those assets which must be held permanently by the charity, principally
donat￿onS, 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 the objects of the
charity and is included as unrestricted incom&. Any capital gains or losses arising on the investments
form part of the fund. Investment management charges and legal advice relating to the fund ar8
charged against the fund.
Tangible fixed assets
Tangible fixed assets are staled at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost less estimated residual value of each asset over its expected useful life, as
follows-
Office equipment - 250/0 Straight line
Investments
Investments are stated on the balance sheet at market value and all movements, includin9 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 profils and losses of
sales of investment units.
Stock of publications
Stock is valued at the lower of cost and nel realisable value. Stocks held for less than one year are
staled at cost, stocks held between one and two years are stated at 500/0 of cost and slocks held for
more than years are stated at 10 % of cost. If in any case net realisable value of any item of stock
is lower than valuation, then that item is valued at net realisable value.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts. Loans and other financial assels are initially recognised
at transaction price including any transaction costs and subsequently measured al amortised cosl
determined using the effective interest method, less any impairment losses for bad and doubtful
debts.
Page 14

Ulster Architectural Heritage Society
Notes to the Financial Ststements for the Year Ended 31 December 2024
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and
other financial liabilities are initially recognised at transaction price net of any transaclion costs and
subsequently meaSU￿d at amortised cost determined using the effective interest method.
Leasing
Rentals payable under operating leases are charged againsl income on a straight line basis over the
lease term.
Taxation
The company is a registered charity and is not liable to tax on fvnds generated from activities within
the scope of the charilable exemptions.
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
funds
2024
Donations and legacies.,
Donations
Grants, including capital grants.
Grants
Subscriptions
2,454
2,454
44,073
44,073
16,327
16,327
Total for 2024
18,781
44,073
62,854
2023
Donations
Grants
Subscriptions
2,567
23,423
13,365
6,000
21,500
8,567
44,923
13,365
Total for 2023
39.355
27.500
66,855
Page 15

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
4 Income from charitable activities
Unrestricted
funds
General
Restricted
funds
Total
funds
2024
Projects
Publication Sales
Events
Consultancy
46,000
46,000
10,257
10,883
4,693
10.257
10.883
4,693
Total for 2024
2023
Projects
Publication Sales
Events
Consultancy
25,833
46.000
71,833
89,368
89,368
9,812
1,823
382
9,812
1,823
382
Total for 2023
12,017
89.368
101,385
S Investment income
Unrestricted
funds
General
Total
funds
2024
Income from dividends.,
Divider¢ds from equily investments
Interest re￿1vable and similar income;
Interest receivable
7.221
7,221
104
104
Total for 2024
7,325
7,325
Unrestricted
funds
General
Total
funds
2023
Income from dividends-,
Dividends from equity investments
Interest receivable and similar income.,
Interest receivable
6.547
6,547
165
165
Total for 2023
6,712
6,712
Page 16

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
6 Other inGome
Unrestricted
funds
General
Total
funds
2024
Other incorne
Rental income
259
3,000
259
3,000
Total for 2024
3,259
3,259
2023
Other income
Rental income
10
2,500
10
2,500
Total for 2023
2,510
2,510
7 Expenditure on charitable activilies
UnrestrictedRestricted
Funds
Funds
2024
2023
Charitable activities
49,238
108,115
157,353
173,933
8 Governance costs
2024
2023
Accountancy fees
2,643
2.403
2.643
2,403
Page 17

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
9 Staff costs
The aggregate payroll costs were as follows..
2024
2023
Wages & Salaries
Social Security costs
Pension contributions
76.112
2,181
1.679
92,674
2.151
79,972
94,82S
The average number of employees during the year. calculated on the basis of full-time equivalents,
was as follows:
2024
2023
Charitable activilies
No employee received emoluments of more than £60,000 during ihe current year (2023-. £Nill.
Page 18

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
10 Directors. remuneration
No director received any remuneration from the company during the current year (2023: £NIL).
No director expenses were incurred during the current year {2023.' £NIL)
11 Tangible fixed assets
Furniture and
equipment
Total
Cost
At 1 January 2024
16,385
16,385
At 31 December 2024
16.385
16,385
Depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
14,856
1,237
14,856
1,237
16,093
16,093
Net book value
At 31 December 2024
292
292
At 31 December 2023
1.529
1.529
Page 19

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
12 Fixed asset investments
Total
Cost
At 1 January 2024
Revaluation
Additions
211.663
12,376
6.000
At 31 December 2024
230,039
Net book value
At 31 December 2024
230,039
At 31 December 2023
211,663
13 Debtors
2024
2023
Trade debtors
Prepayments
Other debtors
1,636
250
2,200
2.916
750
12.952
4,086
16.618
14 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income
2,525
1,092
607
4,750
21,980
6,449
24.507
Page 20

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
15 Funds
Balance at
Analysis of fund movements 1 January Income Expenditure
2024
Balance at
31
December
2024
Gainsl
(losses)
Transfers
Unrestricted Funds
63,174
55,198 {49,238)
3.206
72,340
Designated Reserves - plannin9
disputes
6,000
6,000
Total Unrestricted funds
69,174
55,198 {49.2381
3.206
78,340
Restricted funds (details below)
Endowment fund
109,675
121,077
90.073 (108,115)
9,170
100,803
121,077
Total restricted funds
230,752
90,073 (108,115)
9,170
221,880
Total funds
299,926
145,271 (157,353)
12,376
300,220
Page 21

Ulster Architectural Heritage Society
Notes to the Financial Statements for the Year Ended 31 December 2024
Restricted income funds
Balance at
1 January Income Expenditure
2024
Balance at
31
December
2024
Gains I
{losses)
Transfers
Public8tion legacy
HARNI reimbursements
109.675
{18,0421
46,000
(46,OQO}
20,000
(20.000)
24,073
(24.0731
90,073 {108,115)
9,170
100,803
Esme Mitchell Core Funding
Heritage Angels Awards
Total funds
109,675
9,170
100,803
The publication legacy can specifically only be used for publications but is unrestricted to which
publication. Income from all sales of publications are attributed to the Society's unrestricted funds.
Any capital gain or loss on investments is allocated. as appropriate, to unrestricted fijnds and the
restricted publications legacy respectively based on fund valuation at accounting year end. During the
year the Society approved expenditure against the publications legacy for costs relating to our 2024
publication, 'Buill to Last, Restoration and Reuse of Buildings at Risk,.
The HARNI reimbursements were for an officer who assisled in the Heritage at Risk project including
their wages and basic expenses.The aim of this projecl is to record architecturally and historically
important buildings that appear to be at risk in Northern Ireland, and act as a catalyst for conservation
and re-use of built heritage at risk.
A Heritage Projects Development and Planning Officer posilion was supported by the Esme Mitchell
fund where the post developed Ulster Architectural Heritage's sustainability by expanding the scope of
operations and projects.
The Heritage Angels Awards celebrates the achievement of individuals, groups and communities who
have helped to rescue, regenerate, research and record built heritage in Northem Ireland.
16 Share capital
The charity is a company limited by guarantee and does not have share capital.
17 Related party transactions
The Directors, Alastair Rankin and Marcus Patton are both Trustees of Hearth Historic Buildings
Trust. As at 31st December 2024. Ulster Architectural Heritage Society was owed £nil {2023.. £nil)
from Hearth Historic Buildings Trust for rental income. Rental income received from Hearth Historic
Buildings trust was £3.000 (2023.. £2,500). Ulster Architectural Heritage Society also pays rent
quarterly to Belfast Natural History and Philosophical Society amounting to £4,000 per annum (2023:
£3,000) of which Marcus Patton was also a trustee year.
Page 22

Ulster Architectural Heritage Society
Notes to the Flnancial Statements for the Year Ended 31 December 2024
18 Analysis of net assets between funds
Endowment
funds
Restricted Unrestricted
funds
funds
Total
Fund balances at 31 December 2024 are
represented by..
Fixed assets
121,077
96,383
12,871 230,331
47,540 47,540
27,098 22,348
Cash and eurrent investments
Other current assels and liabilities
{4,750)
121,077
91,633
87,509 300,219
Endowment
funds
Restricted Unrestricted
funds
funds
Total
Fund balances at 31 December 2023 are
represented by:
Fixed assets
121,077
89,665
20,010
2.451 213,193
58,837 78,847
7,886
7,886
Cash and current investments
Other current assels and liabilities
121,077
109,675
69,174 299,926
Page 23