REGISTERED COPaPANY NUMBER: N1063266 {Northern Ireland) REGISTERED CHARITY NUMBER.. 102720 rt of the Trustees and Unaudtled Financial Slatemen(s for the Year Ended 31 December 2025 for Ulster Vinta e Commercia5 Vehide Club Limiled XEINADIN NI LTD TIA W McGIlan & Company Unil A2. Workspace 5-7 TobeTmore Road Draperstown BT45 7AG
I I rvint Limited Comm rrAal Vehide Club Contents of the Financial Statements for the Year Ended 31 0mber 2025 Page Chaiman s Report Report of the Tnjsiees Independent Examinerfs Report 5 to 6 Statement ol Financial Activitie5 Balance Sheet 8 ÉO 9 Notes lo the Financial Statements 10 to 16 Detsiled Slatemenl of Financial ActNlties 17 to 18
Uls er Vin omme ial Vehide Club hai for the Ye nded 31 December 2025 We have had another gor1 year for the dub. We have had some great runs this past year with some greal collections visited at various loc*ions. We have made contributions lo charity whara the collection has a chèrily that they support. We are continuing lo lry and keep cost down by keeping runs shorter arKI trwng to get good value hotels when staying away. This is becoming Tnore ditticult as prtces keep risi. Membership remains steady and we have seen a few new yOUDger mefnbers joining. It is important to get new members and gel their input into the njnning of the club. Attendance at club meetings is good but could be better. Attending meetings is the best pla to find out what's going on wthin the club and allows membeFS to have their say in clsjb decisions. W9 move into 2026. we are looking to maybe doing scrfne limiled sh$ runs in tha UK. This would be limited as we 3Ye 31ways awarè of cosls and will lry to minimise the cost of shipping to allow more members to pa'Up3te. Again. these wql discussed with members at club meebngs. Looking fOard to seeing you all at the various shows and runs during 2026. Adrian Currie Page 1
Isler Vints Limited ommercial Vehlde Cl b Re rt of the Truste foi the Year End d 31 Decefflber 2025 The trustees who are also direciors of ihe chaTity for the purposes of the Companies Acl 2006. present their report th the financial slalements of the charity for the year ended 31 December 2025. The tnjstees have adopted ihe prowsions of Accounting and Reporting by Chaftties- Statement of Recommended Practice applicable to chaTilies prepariTrg Iheir accounts in accordance wtth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effe¢tive 1 January 2019). OBJECTIVES AND ACTivftlES ObjeGtives and aims Ulster Vintage Commercial Vehicle Club main aim (s to bring together owners and all those interested in the restoration and usage of vintage ¢Trnmercial vehiCs. Members bling togelher theif skills and knowledge which facililates dgvelopment. participation, teamwork and improved self-esleem within the group. Thrwgh our day out runs. displays and road shows we aim to Tecrurt new members and create an interest and awareness amongst tne general putAic. which will in turn help preserve the rich herttage of the vintsge commercial Yehe. Signlficant activities Ulster Vintage Commercial Vehide Club continue to undertake the very popular day run outs and lo attend wblic events to display the vtnlage ¥ehes. New exhibÈtion lory is now in full use and is Proving to be very popular. Publlc benefit Ulster Vintage Commercial Vehide Club is open to everyone whith 15 evident frorn our mernbeFS who come from a diverse bacKground and to oijr fegular public evenis across all aieas of N. Ireland and Ireland. Our regular drive outs, displays and pub¢ meelingslroadshows help us to engage wth the general public to creaie an awar6ness of our vintsge vehicle heritage. provide information on the restoration work involved and to offer advice. The public are actively enwuraged lo engage in our Q & A exerc¢ses and lo participate in our demonslralions which prove very popular with young children. This helps in their deveFopment and learning and provides fun & enjoyment. and for the adults loo. It also provides an opportunity to attract new members which will help to preserve the heritsge for future generattons, passing on invaluable skills in the restoration prOS5. The Charity held their usual twcpday run in May 2025. covering Co. Monaghan. The end of season run took pla in October 2025, which covered the Co. Down are8. We attended tha Co. Antrim run again this year during the summer. All were well received. We hope for next year that there will be an increase in membership and the number of njn wifl increase. Thore conilnues to be no private gain to any individual member. ITr setting our objeelives and planning Our activib.es for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland's guidan on public benefit lo ensure that the activities have hdped lo achieve the charitls purposes and provide a benefit to the beneficiaries. Poge 2
Ulster Vinta Limtted e Commercial Vehide Ctub rt of the Trustees for th Ye ACHIEVEMENT AND PERFORMANCE Ulsley Commercial and Vehicle Club continue to undertake a range of chariÈable activities such as holding ladies nights. raffles and draws as well as the normal day run outs and public events which help to raise funds and obtain donations. Funds raised help the organtsatton lo [XlInue lo promote the her(tsge of the vinlage vehlcles and Create an interest aM(g51 the general public. FINANCIAL REVIEW Financial position Net surpius for year was £1.368 {31.12.24 £2.533) and ntrICted funds at Ihe yearond were £13,417131.12.2024 £12.0491. Total Funds remain positive financialty- Reserves policy The Charily does nol have a reserves policy. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charily is controlled by ils goveming document. a deed of trus¢ and nStituteS a limited company. limited by gLtarantee. as d¢ffined by the Companies Acl 20L%. Organisational structure The management comrTrrttee (rf Ulster Vintage Commeraal Vehide Club administers the charity. M£1th1Y meetings are norniajly held to discuss ongoing projects. ffinan5 and other issues. Risk management The trustees have a duly lo idenlfy and remew the risks to which the charity is exposed and to ensure approprtate controls are in Pla to provide reasonable assuran against fraud and error.This is maintsined by the committee a formal risk strategy, with polential risks and threats considered at Ihe monthly meeting. REFERENCE AND ADMINISTRATSVE DETAILS Registered Company number N1063266 INorthem Ireland) Registered Charity number 102720 Rgglstered offl¢e Crosslands 7 Browndod Road Doagh Ballyclare Antrim BT39 OSY Twstees Adrian Currie Trevor Raymond Haydock Page 3
Ulster Vinta Limited mmercial Vehide aub ort ofthe Twslees for th Year Ended 31 December 2025 REFERENCE AND ADMINISTRATIVE DETAILS Company Secretsry Trevor Kirk Independent Examiner Mr. Kieran Magill BSC IEcon} FCA FCPA AA XEINADIN NI LTD TIA W McGillian & Company Unit A2. Wotftspacg 5-7 Tobemiore Road Draperslown BT45 7AG Bankeis Danske Bank Business Banking PO Box 183 Donegall SqLEafe West Belfast BTI 6JS Approved ty order of the board of Iruste8S Oll behalf by: i.YQL...H.a...th.iL. and signed on its Adrian Currie - Trustee Page 4
Inde endent Ex minerfs Re tolheT Ulster Vinla e Cofflmercial Vehide Club Limited I report on the accounts of the company for the year ended 31 December 2025. which are set out on pages seven lo sixteen. RespeGtive responsibilities of charity trustees and examiner As the charity's trustees (and also the directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Compantes Act 2006. Having satisfied myself that the charity is nol subj.ect to audit under company law and is eligibtre for independent exarninaln. it is my responsibility to.. examine the accounts under Section 65 of the Charilies Acl follow the procedures laid down in the general Directions given by the Charity Commission for Northern ITeland under Sectw)n 65I91{b} of the Chartiies Act slate whelhei parti¢Ldar matters have corne lo my attention. Basls ol the indendent examinerfs report I have examined your charily accoLJnls as required under Section 65 of the Charities Act and my examination was carried out in accordan wrth the general Directions giverF by the Charity Commi5s19n Éor Northem Irdand under Seth"on 65191(b) of the CharitS Act. The examination induded a revFew of the accovnting records kept by the charity and 2 comparison of the accounts presented wtih those records. It 8lsD included consideration of any unusual items or disclosures in the accounts. and seekiro explanations from you as charity trustees conceming any such matters. My role is lo state whether any material matters have to my attention giving me cause to believe-. That accounting records were not kept in aco)rdance with Section 386 of the Companies Act 2006 That the accounts do not accord with those accounting records That the accounts do not cornp wth the a¢nI9 requirements of Section 396 of the Companies Act 2006 and with the methods and principtes of the Charities Statement of Recommended Practice applIble lo chariiies preparing their accounts in awordance with the Financr81 Reporling Standard applicable in the UK and Republic of Ireland That there is further infomiation needed for a proper understanding of the accounts lo be reached. Indapèndent examiners ststement have completed my examination and have rK) wncems in fespecE of the matters11 } to {41 listed above and, in connection with fdlowing the Dffecknons of the Charity Commission for Northern Ireland, I h8ve found no matters that require drawng lo your attention. Mr. Kierdn Magill BSC IE¢on) FCA FCPA AFTA XEINADIN NI LTD TIA W McGillian & Company Unil , Workspace 7 Tobermore Road Draperslown BT45 7AG Pap5
Inde nt lsler Vinta irned rnineffs Re o the Trustees of mmercial Vehicle Club Date.. Page 6
Ulster Vinta Limited e Commercral Vehi Clu sta nt o* Finan r Ended 31 December 2025 31.12.25 Total funds 31.12.24 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 3.600 3.600 3,254 Charitable activities Charitable AclNlties 9.360 9.948 Other tradlng activities 345 345 265 Total 13.305 13,467 EXPENDITURE ON Raising lunds 392 392 28 Charitablè activities Charitsble Activities 11.545 11.545 10.906 Totsl 11.937 11.937 10.934 NEf INCOME 1.368 1.368 2.533 RECONCILIATION OF FUNDS Total funds brought forw8rd 12.049 12.049 9.516 TOTAL FUNDS CARRIED FORWARD 13.417 12.049 The mtes form part of these finanual statements Page 7
Ulster Vinta Llmited ommercial Vehi e Club mb 025 31.12.25 31.12.24 Notes FIXED ASSErs Tangiblo asseis 11 244 304 CURRENT ASSETS Stocks Debtors Cash at bank 12 13 1,654 399 11,615 2.046 399 9.785 13.668 12.230 CREDITORS Amounts falling due within one year 14 14951 {4851 NET CURRENT ASSErs 13,173 TOTAL ASSETS LESS CURRENT LIABIUTIES 13.417 12,049 NET ASSETS 13.417 12.049 FUNDS Unrestricted funds 16 13.417 12,049 TOTAL FUNDS 13.417 12.049 The charitable company is entttteil lo exemption from audil under Section 477 of Companies Act 2006 for the ye3r ended 31 December 2025. The members have not required the company lo obtain an audil of its financial statements for the year erKled 31 December 2025 in accordance with Sech"on 476 of the Companies Act 2006. The Ifustees acknowledge their responsibilities for (al Complying with the requirements of the Act with respect lo actountiftg records and th8 preparation of aCCntS. The notes form part of these finanTral statements Page 8 conlniued...
Ulster Vinla Limtted e Commercial Vehide Club Balance Sheet- continued 31 December 2025 Thèse finanaal slalements have been prepared in accorda with the provisions applicable to charrtae companies suty'ect to th8 small companies rEgime. The financial slalements We approved by the Board of Trustees and auth(%ised for issue on ly.H..OIL.... and were signed on kts behalf by. Adrian Currie- Trustee The neS form part ofthese financial statements Page 9
mmerckql Vehide Club Limited Notes lo the Financial Statements rEn 31 Dember 2025 ACCOUNTING POUCIES Basis of preparing the financtal statements The fanCIal slalemenls of the Charitable company. which Ès a public benefit entity under FRS 102. have been prepared in accordan wth Éhe Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Ststem8nt of Reix)mrnended Practice applicable to charities preparing their accounts in aC0)rdan w¢lh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 lelfectFve 1 January 2019}', Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland. and the Compani8s Act 2006. The financial statements have been prepared under the historical cost conventson. Income All income is recognisgd in the Statement of Financtal Aclivities On the d)arity has entItlent to the funds. it 15 probab thal the IrMe will be received and the amount can be meaSud reliably. Expenditure Liabilities are COgnised as expenditure as soon as there is a legal or constructive obligation ctsmtrtltiing the charity lo that expenditu, it is wobable Ihal a Iransfer of economic benefsts will be required in settlement and the amount of the obligation be measured lIablY. Expenditure is accounted on an accruals basis and has been dassified under headings that aggregate all cost related to the category. Where eosts cannot be directly attributed lo particular headings they have been allocated lo actrvities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the fotknving annual rates (*der to write off each a$5et over its estimated useful lsfe. Plant ar machinery Fixtures and fittings Motor vehides 20% on reducing balance 20% on reducing balance 20Vo on reducing balance stks Stocks are valued at the k)wer of cost and net realisable vatue. after making due allowance for obsolete and slow moving items. Taxatlon The charity is exempt from (x)rporalion tax on its charitable aclivities. Fund accounting UrsrestTiCted funds can be used in a(ance the chaiilable objectives al the discrelion of the trustees. Reslricled lunds can only be used for particular reslricted purwses within the obie¢ts of tk charity. Restrictions arise when speafied by the d0Tr or when funds are raised for particular restricted purwses. Further explanation of the nature 2nd FKwpose of each fund is included tIE notes lo the financial ststements. Page 10 continued..-
Ulster Vinta Llmited Commercial Vehid Club ntinued 25 foflhey rEn 1 Decem DONATIONS AND LEGACIES 31.12.25 31.12.24 Donalions Membership 300 3.300 87 3,167 3.600 3,254 OTHER TRADING ACTIVITIES 31.12.25 31.12.24 Merchandiselmagazines 345 265 INCOME FROM CHARABLE ACTIVITIES 31.12.25 31.12.24 Aclivity Chariiable Acl¢vtknes Chatilable Actiwties Charitable Actiwties Run Outs Dinner dan Raffles 7,005 1.855 500 8,033 1.475 440 9.360 9,948 RAISING FUNDS Other tradlng activities 31.12.25 31.12.24 Opening stock Closing stock 2.046 2,074 392 28 Page 11 continued...
I I rvint Lim41ed Commercial Vehicle Club otes to the Finanual Slalements- continu 31 r 2025 CHARITABLE AGfivmES COSTS Support sls (see note 71 Charitable Activities 11.545 SUPPORT COSTS Govemance costs Charitable Activities NET INCOMEI{EXPENDmJRE) Net incomel(expenditure} is slaled after ChargIn(Crediting)'. 31.12.25 31.12.24 Depreci81ion - owned assets 75 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, femuneration or olher benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024. Trustees. expens0$ There were no trustees, expenses paKI for the year ended 31 Dember 2025 nor for the year ended 31 December 2024. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unrestricted Restricted fund funds Total fvnds INCOME AND ENDOWMENTS FROM Donation5 and legaeS 3.254 3,254 Cha¥itable activities Charilable Actsvilies 9,948 9.948 Other bading actiwties 265 265 Total 13.467 EXPENDITURE ON Raising funds 28 28 Page 12 continued...
Ulster Vinta e Commercial Vehide Club Limited Note lo the Financial Statements- c ntinued 31 ecember 2025 10. COMPARATWES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnued Unrestricted Restrtcted fvnd funds Total funds Charltable adlvltles Charitable Actswties 10.91 10,906 Total 10.934 10.934 NET INCOME 2.533 RECONCILIATION OF FUNDS Total funds brought folwd 9.516 9.516 TOTAL FUNDS CARRIED FORWARD 12,049 12.049 11. TANGIBLE FIXED ASSErs Fixtures and fittings Plant and mathinery Motor vehicles Totals COST At l January 2025 and 31 Drnbef 2025 1.207 1.634 7.472 10.313 DEPRECIATION Al 1 Janu8ry 2025 Charge for year 1.046 32 1.603 7.360 22 10.009 60 At 31 December 2025 1.078 1,609 7.382 10,069 NET BOOK VALUE Al 31 December 2025 129 25 90 244 At 31 December 2024 161 31 112 304 Page 13 continued...
Ulster Vinla Limrted e Commeraal Vehicle Club Notes lo the Financtal Statements- continued for the Year Ended 31 December 2025 12. STOCKS 31.12.25 31.12.24 Closing stock 1.654 2.046 13. DEBTORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 31.12.25 31.12.24 Prepaymerts 399 399 14. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.12.25 31.12.24 OlheF creditors Aecrued expènses 40 455 40 495 485 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.12.25 Total funds 31.12.24 Total funds Unrestri(aed Restricted fund fvnds Fixed assets Current assets Current liabilittes 244 13.668 4951 244 13,668 304 12.230 13,417 13,417 12.049 16. MOVEMENT IN FUNDS Nel movefflent in furKIs At 31.12.25 At 1.1.25 Unrestricted funds General fvnd 12,049 1.368 13,417 TOTAL FUNDS 12.049 1.368 13,417 Page 14 continued...
Ulster Vinta Limited e Commercial Vehicle Clu he Fin I si temen for the Year Ended 31 December 2025 tin 16. MOVEMEKf IN FUNDS - continued Net movement in funds, induded in the abovè are as follows.. IncomiTrJ Re50ufGe5 Movement resour$ expended in funds Unrestrfcted funds General fund 13.305 (11.937) 1.368 TOTAL FUNDS 13.305 11,9371 1.368 Compar*lves for movement in funds Net movement funds Al 31.12.24 A11.1.24 Unrestricted funds General fund 9.516 2,533 12,049 TOTAL FUNDS 9,516 2,533 12,049 Comparative nel movement in funds. induded in Ihe above are as follows". Incoming Resources Movement resour expended in funds Unre5tTiCted funds General fund 13.467 {10,9341 2,533 TOTAL FUNDS 13.467 10.9341 2,533 Page 15 continued...
Ulster Vints e Commercial V hicle Club Limited Notes to th Fi ancial Stalements - continued for the Year Ended 31 December 2025 17. RELATED PARTY DISCLOSURES There were no related party transacb.ons for the year ended 31 Dember 2025. Page 16
UEster Vinta Limited Com VehKle Deiail d St tement of Financial Activitie r the Y ar Ended 31 December 2025 31.12.25 31.12.24 INCOIAE AND ENDOWMENTS Donations and legacies Donations Membership 300 3.300 87 3,600 3.254 Othèr trading activities Mer¢handiselMagazines 345 265 Charltable actlvitles Run Outs Dinner dance Raffies 7.005 1.855 500 8.033 1.475 440 9.360 9.948 Total IOrning resources 13.305 13.467 EXPENDITURE Other trading activities Opening stock Closing stock 2.046 1,6541 2.074 2,0461 392 28 Support costs Governance costs Insurance Postage and stationery AccovThtancy fees Room Hire Hotels & Restaurants Motor expenses Bank Fees Charitable donation Sundries Plant and mathinery depreaation Fixttsres and fittings depreciation Carried forward 868 878 464 250 6,228 1.803 870 706 505 250 6.896 1,526 62 900 16 40 32 11,523 10,878 This page does not fom part olthe statuiory finanaal statements Page 17
Ulster Ifint8 Limited e Commercial Vehide Club Detailed Slalemenl of Financial Activities for the Year Ended 31 December 2025 31.12.25 31.12.24 Governance costs Brought forward Molor vehicles depreciation 11.523 22 10,878 28 11,545 Total resources expended 11.937 10,934 Net income 1.368 2,533 This page does not form part ofthe statutory fiarjaI statements Page 18