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2024-12-31-accounts

ULSTER COLLEGE OF MUSIC

DETAILED STATEMENT OF FINANCIAL ACTIVITY YEAR ENDED 31 DECEMBER 2024

RBCA Limited

Chartered Accountants Linenhall Exchange 26 Linenhall Street Belfast BT2 8BG

ULSTER COLLEGE OF MUSIC

STATEMENET OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2024

Note
INCOME
Fees
Exam entry fees
Instrument hire
Hire of rooms
Recital income
Donations
Gift Aid
Grants received
Other investment income
EXPENSES
Examination fees paid
Tutor fees
Administration salaries
Staff pensions
Water rates
Heat & light
Insurance
Building repairs
Recital Expenses
Telephone
Postage & stationery
Computer expenses
Professional fees
Staff training
Repairs & maintenance
Charitable donations
Bursary
Bank charges
Sundry expenses
Depreciation
NET INCOME RESOURCES FOR THE YEAR
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted Restricted
Total
233,573
-
233,573
8,815
-
8,815
1,386
-
1,386
4,518
-
4,518
358
-
358
3,233
300
3,533
-
-
-
-
4,282
4,282
866
-
866
252,749
4,582
257,331
8,959
-
8,959
154,271
3,192
157,463
21,596
-
21,596
274
-
274
599
-
599
5,141
-
5,141
2,141
-
2,141
4,405
-
4,405
378
-
378
1,476
-
1,476
314
-
314
179
-
179
11,551
-
11,551
1,003
-
1,003
3,397
-
3,397
130
-
130
-
-
-
263
-
263
1,808
-
1,808
5,247
-
5,247
223,132
3,192
226,324
29,617
1,390
31,007
161,685
6,400
168,085
191,302
7,790
199,092
2024
£
2023
£
Total
214,151
9,801
1,094
5,929
502
3,652
781
1,890
570
238,369
9,676
149,050
16,694
268
638
4,880
1,901
15,176
396
1,205
326
482
12,100
-
2,945
-
175
171
1,534
5,242
222,858
15,511
152,574
168,085