tto/& & L>/JJocit
Chartered Accountants and Registered Auditors
REGISTERED CHARITY NUMBER: NIC 101610
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCJAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
HOLSTEIN NORTHERN IRELAND
Patton Rainey and Associates
Chartered Accountants
6 East Bridge Street
Enniskillen
Co Fermanagh
BT74 7BT
eHARTÉMEty
Regi51ered lo carry oul audit work and regulated for a range ol investment business activities in
the United Kingdom by the Inslilule ol Chartered A￿Ountants in Ireland

HOLSTEIN NORTHERN IRELAND
CONTENTS OF THE FINANCIAL STATEIWIENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-12
Detailed Statement of Financial Activities
13

HOLSTEIN NORTHERN IRELAND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their annual report together with the financial statements of Holstein Northern
Ireland for the year ended 31 December 2022.
The following Trustees held office during the year and remain in office:_
Gaston Wallace
Stuart Smith
William Bolton
John Martin
The registered office of the club is 92 - 94 Granville Road, Dungannon B T70 INJ.
The Trustees confirni that the Annual report and financial statements of the club comply with the
current statutory requirements, the requirements of the club's governing document and the provisions
of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities" issued in
January 2015.
Structure) governance and management
Constitution
The club is registered as a charity and was set up by a constitution on 22 March 1999.
The club is also registered with the Charity Commission for Northern Ireland under number
NIC 101610.
nd
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-
opted by the management committee of the charity under the tenns of its constitution.
Objectives and Activities
Review of activities
Holstein Northern Ireland is a registered charity that assists in the promotion of Agriculture by the
encouragement, promotion and improvement of the breeding of Holstein Cattle in the United Kingdom
of Great Britain and Northern Ireland and the Republic of Ireland with particular reference to the
Counties of Arniagh, Down, Fermanagh, Antrim, Londonderry and Tyrone. By the improvement of
the breeding of Holstein Cattle in Northern Ireland it is expected that the additional benefits of the
improvement of animal welfare, the provision of infonnation and knowledge to local farniers to
improve breeding decisions made by them, to improve the education of the agricultural community
and the general public by the provision of inforniation and statistics through various forums, and
contribution to the improvement to the social welfare of the rural community.
The Charity has hosted presentations and meetings open to members and the wider agricultural
community where the audience was addressed by infonTAed speakers from the agricultural sector. In
addition the charity organised sales, open days, farni walks, herd competitions, judging competitions
and educational tours all to educate members of the charity and the wider public.
Page I

HOLSTEIN NORTHERN IRELAND
TRUSTEES, REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2022
Financial review
The Club is reliant on commissions on sales, subscriptions and contributions from its membership and
sponsors which for the year ended 31 December 2022 amounted to £28,888 (2021 £64,800). The
Trustees consider that the unrestricted funds of the Club will enable them to have sufficient resources
and assets at their disposal to be in a position to adequately fulfil their obligations. The charity held
£100,761 Cash Reserves at the year end (2021 £100,589).
Reserves policy
The income of the Club is considered stable and the risks associated with any significant reduction in
income is regarded as unlikely. The Trustees are satisfied that a figure equating to approximately
twelve months expenditure is an appropriate level of reserve balance at the present time.
Plans for the future
. Future developments
The charity Rnt¢nds to continue the work Èt perfomis for the benefit of members and the public in
accordance with the ternis of its constitution.
Trustees, responsibilities statement
The Trustees are responsible for preparing the Trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Charities legislation requires the Trustees to prepare financial statements for each financial year.
Under Charities legislation the Trustees must not approve the financial statements unless they are
satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, including the receipts and payments, of the charity for that
year. In preparing these fmancial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently"
observe the methods and principles in the Charities SORP.
make judgments and accounting estimates that are reasonable and prudent.
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Charities legislation.
Page 2

HOLSTEIN NORTHERN IRELAND
TRUSTEES, REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2022
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
th
This report was approved by the Trustees on the 28 March 2023.
And signed on their behalf by:
Gaston Wallace
Page 3

zeii & o/JJootzteJ
Chartered Accountants and Registered Auditors
HOLSTEIN NORTHERN IRELAND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOLSTEIN NORTHERN IRELAND
FOR THE YEAR ENDED 31 DECEMBER 2022
I report on the accounts of the company for the year ended 31 December 2022 which are
set out on pages 6 to 12.
Respective Responsibilities of Charity Trustees and Examiner
As the Charity Trustees you are responsible for the preparation of the accounts in accordance with the
tern]s of the Charities Act (Northern Ireland) 2008. Having satisfied myself that the charity is not
subject to audit under Charities legislation, 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 the Charities Act
state whether partkcular matters have come to my attention
Basis of Independent Examiner's Report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance 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 concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
That accounting records were not kept in accordance with section 63 of the
Charities Act 2008
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act 2008.
That there is filliher information needed for a proper understanding of the accounts to
be reached.
Page 4
CkL4RTERED
Registered to carry out audit work and r8gulaled for a range ol investment business activities in
the United Kingdom by Ihe Insiiluie ol Chartered A¢counlants in Ireland

C)atto/& JThizey & o/JJooateJ
Chartered Accountanls and Registered Auditors
HOLSTEIN NORTHERN IRELAND
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOLSTEIN NORTHERN IRELAND
FOR THE YEAR ENDED 31 DECEMBER 2022
Independent Examiner's Statement
I have completed my examination and have no concerns in respect of the matters (l ) to (4) listed above
and, in connection with the following the Directions of the Charity Commission for Northern Ireland, I
have found no matters that require drawing to your attention.
Thomas Samuel Patton FCA
Patton Rainey and Associates
Chartered Accountants
6 East Bridge Street
Enniskillen
Co Fennanagh
BT74 7BT
th
28 March 2023
Page 5
¢*thATÉFÈO
Registered to ￿rry out audit work and regulated lor a range of investment business activities in
the Uniled Kingdom by the Institute ol Chart8red Accounlants in Ireland

HOLSTEIN NORTHERN IRELAND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
31.12.22
31.12.21
Unrestricted Unrestricted
Fund
Fund
Notes
INCOME AND ENDOWNMENTS
Donations, Subscriptions and Commissions
28,775
64,694
Income from Investments
113
106
Total Income
28.888
64,800
EXPENDITURE
Charitable Activities
Total Expenditure
27,856
56,340
NET (INCOME) FOR THE YEAR
1,032
8,460
RECONCILIATION OF FufqDS
Total funds brought fonvard
TOTAL FUNDS CARRIED FORWARD
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derived from continuing activities.
The notes fonn part of these financial statements.
Page 6

HOLSTEIN NORTHERN IRELAND
BALANCE SHEET
AT 31 DECEMBER 2022
31.12.22
31.12.21
Unrestricted Unrestricted
Fund
Fund
Notes
FIXED ASSETS
Tangible assets
334
CURRENT ASSETS
Stock
Debtors
Cash at bank and in hand
150
1.955
100 762
150
3.259
100 589
Total Current Assets
102 867
103 998
LIABILITIES
Creditors: Amounts falling due within one period
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS
Unrestricted funds
TOTAL FUNDS
230
The notes forn] part of these financial statements
Page 7

HOLSTEIN NORTHERN IRELAND
BALANCE SHEET- CONTINUED
AT 31 DECEMBER 2022
The financial statements were approved by the Board of Trustees on 28 March 2023 and were signed
on its behalf by:
Mr Gaston Wal
ace - Trustee
The notes forni part of these financial statements
Page 8

HOLSTEIN NORTHERN IRELAND
NOTES TO THE FINANCIAL STATEMEI¥4TS
FOR THE YEAR ENDED 31 DECEMBER 2022
ACCOUNTING POLICIES
Accounting Convention
The financial statements have been prepared under the historical cost convention, and in accordance
with the requirements of the Statements of Recommended Practice, Accounting and Reporting by
Charities.
Income recognition policy
Income is recognised included in the accounts when the club is legally entitled to income and the
amount can be measured reliably and receipt is considered probable.
Income tax recoverable in relation to donations under Gift Aid is recognised at the time of the
donation.
Expenditure
Expenditure is recognised on an accrual basis once there is a legal or constructive obligation to make a
payment to a third paty. It is probably that settlement will be required and the amount of the
obligation can be measured reliably.
Charitable expenditure comprises those costs incutred by the charity in the delivery of its activities and
services to its beneficiaries. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Tangible Fixed Assets
Tangible fixed assets are stated at cost.
epreciation is provided at the following annual rates in order to write off each asset over its estimates
useful life.
Fixtures and fittings - 20 % straight line basis.
Taxation
The charity is exempt from coryoration tax on its charitable activities
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and puryose of each fund is included in the notes to the financial
statements.
Page 9

HOLSTEIN NORTHERN IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
2. INCOME
31.12.22
31.12.21
Donations
Subscriptions
Commissions
5,289
4,548
41,905
6,509
64
Income from Investments
113
106
106
3. EXPENDITURE
Charitable Activities
31.12.22
31.12.21
Secretarial
Public Relations
Depreciation of Fixtures & Fittings
Accountancy
Postage & Stationery
Insurance
Heat & Light
Rent
Travelling
Telephone
Advertising & Promotion
Charitable Donations
Bank Charges
Meetings
Show Costs
Annual Dinner
Events
Young Breeders
IT & Computer Costs
Special Awards
3,820
3,240
334
1,000
2,161
702
636
3,600
3,268
1,127
1,120
3,520
3,500
588
1,240
2,480
200
661
3,750
1,071
1,325
29.860
106
557
186
630
2.774
1,419
173
499
1,017
754
250
1,922
173
Page 10

HOLSTEIN NORTHERN IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
NET ll¥COME
Net income is stated after charging
31.12.22
31.12.21
Depreciation - owned assets
334
58
5. TANGIBLE FIXED ASSETS
Fixtures &
Fittings
Totals
At l January 2022
Additions
At 31 December 2022
2,940
2,940
DEPRECIATION
At l January 2022
Charge for the Year
At 31 December 2022
2,606
334
1,430
588
NET BOOK VALUE
At 31 December 2022
At 31 December 2021
334
511
Page 11

HOLSTEIN NORTHERN IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
6. CREDITORS: AMOUNTS EALLING DUE WITHIN ONE YEAR
31.12.22
31.12.21
Accruals
7. MOVEIVIENT IN FUNDS
Net movement
in funds
At 1.1.22
At 31.12.22
Unrestricted funds
General Fund
TOTAL FUNDS
Net movements in fimds, included in the above are as follows:
Income
Expenditure
Movement in
funds
Unrestricted funds
General fund
TOTAL FUNDS
Page 12

HOLSTEIN NORTHERN IRELAND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
INCOME
31.12.22
31.12.21
Income from Investments
113
106
Donations
Subscriptions
Commissions
5,289
4,548
41,905
6,509
Total Income
EXPENDITURE
Charitable Activities
31.12.22
31.12.21
Secretarial
Public Relations
Depreciation of Fixtures & Fittings
Accountancy
Postage & Stationery
Insurance
Heat & Light
Rent
Travelling
Telephone
Advertising & Promotion
Charitable Donations
Bank Charges
Meetings
Show Costs
Annual Dinner
Events
Young Breeders
IT & Computer Costs
Special Awards
3,820
3,240
334
1,000
2,161
702
636
3,600
3,268
1,127
1,120
3,520
3,500
588
1.240
2.480
200
661
3,750
1.071
1,325
29,860
106
557
186
630
2.774
1.419
173
499
1.017
754
250
1,922
173
Net Incomel (Expenditure) for Year
Page 13