Ulster Society for Promoting the Education of the Deaf and the
Bllnd
Statement of Financial Activitigs
Yoar ondod 31 Juty 2025
2025
2024
Jnds Totsl fund* Total funds
Incom• and •ndowm•nts
0￿?110n$ and legacA86
charitab￿ acuwlj
Inves1m￿t ir
Oth•r kncomo
70
70,195
293,4
121.923
19,596
308.599
25,462
91.522
111,118
208.599
25.482
445.179
Totsl In¢orn•
91.522
485,678
Exp•ndttuM
Ex￿ndItUr8 on robslrwj lund8'.
InV￿￿￿ent management CAJsts
EX￿ndItur8 on charit&Jlg
Totsl •xpondltur•
51.702
491.$47
51,702
583,069
634,771
47,345
843.795
891.140
•,10
91.522
91.522
543.249
12
415.835
41S,835
1,336.054
N•t In¢om• and n•t mov••Mnt In fund•
226.243
228.243
1,130,592
R•conclllatJon of lundB
Tolal funds brought forward
Tatsl fund• urrl¢d fop•rnrd
20.581,989
20,581,989 19.451,397
20.808.232 20.581.989
20.808.232
The Slatement of financ*al aclfvi1I98 Indudes al gwns and Ic48•1 TKo￿lI0d In tho y•ar.
AJI IrKom8 and •xp•nditure ¢Jorive continukng actfvrfleB.
12

Ulster Society for Promoting th• Education of the Deaf and the
Blind
Statement of Flnanclal Posltlon
31 July 2025
2025
2024
Flx•d &85•ts
TangiNe fixed &580ts
Inveslmants
18 5.833.430 5,986,484
17 14.503,374 13.867.504
20.336.804 19.853.988
Curr•nl aM•l•
Debtors
Ca•h at bank In h•rKI
87,659
702.680
790.339
424.3
Cf•dftor•: *mounts falllno du• t*Athln on• y•v
N•t curr•nt u••ts
19
17.507
62.338
728.001
20.808,232 20.581,989
471.428
Totsl ***•ts l•#* curY•nt
N•t a•••t•
20.808,232 20,581,989
Fund* otth• charlty
Unrestrlctgd fvndB
20.808,232 20,581,989
21 20.808.232 20,581.989
Tot•1 ch•rlty fund•
Th08e finandal Statwnents by the bo•d ol tru8t••• •nd I•8￿ on 18
May 2028, ar• on bohdl ofts bwd ty.
Fr P Dovlln
TruBtoe
13

Ulster Soclety for Promoting the Education of the Deaf and the
Blind
Noles to tho Financial Statements
Year •nded 31 July 2025
G•nor31 Informot
The charty ￿ a publ￿ benefft entity a wBtwed charity In North8m Ireland and Is
unincc¥F4JrabJ. The address of Ihe w"rYApal ollk• i8 85 Jordansttrwn Road. N8WtThvnabbgy.
8T37 CQE.
1 8t•t•m•nl of ¢omplS•nc•
Th85e financkql ststemenls have been wep8red In ecryfianee wmh FRS 102. The Finandal
Reportin9 Stsndard applicabl• kn the UK and ts Rq)ublic of Ir¢knn¢Y. Ihe Ststement of
R￿OrnMended Pradce apF4kabb& to th•ibes prgparir¥J thglr In a¢￿￿9nCe ￿ the
Fknancial ReWtI￿ Standard applkabkg In Ihe UK end Republt of treL8r￿ IFRS 1021 ICh8rfU88
SORP IFRS 102)} arbJ the char￿8$ Act IN(rt￿rn Ireland) 20CA.
8••1• of prnp*t*llon
The financw stoloments h8v• w•p#r8d on thg co¥t b￿1¥. J¥ modffiod by the
rovalua￿On of e•rtaln ffin8nd￿ as8ets and baNIYe8 ar*d hv•8trMnt properUe8 mea8ured at falr
throuth lThxrfng or exFw*Jth.
Tho finoncAal •tal•m•nts arn In st•rllNJ. whkh ￿ th• ofth? ￿.
Golng conc•m
Judq•m•nts Ind k•y ¥ourrM ol ••lkn•ll¢)n unwthlnty
oparalon ol th• flnartlal ￿tOMor￿ manwgnl to mak? ltyag￿en1s,
osUmat89 and assumplknns that off￿1 Ihe ar1*)￿ts reF<thd. Th8Be eslknales and judgement8
are conllnually r•vkwed ond a￿ based on experfence and ther factcn, IndudlrrfJ expoctatlon8
offuturn ttwt ￿ belknv*J to b8 lea•(ffl0b￿ undwth• th￿rnI1￿r￿s.
For•lgn N•rY•ncl••
Fornign curr•ncy tran¥aGkn8 aro inrfialty record8d in the fiJ￿Ik)nal Currency, by applwng th•
8POt •xth*nge rate a5 at the date ofthe transathn. Morw ass•ts and lia￿1116•$ d•nomhwted
kn for•vJn Qsrrg￿a8S are tr8nsLgtwJ at the excharKJe rato rulng Al Iha dat•. wlth any
galns OT losses belng taken to thè stat•m•nt of finaNial acts￿￿*¥.
Fund *cMunlln9
UnrethfA•d funds 4r• at tho of tho InNta88 kn fwth8r ony of th•
purtK)
D•$hJnat8d fi￿d$ uvweslrt*ed fund5 ewmth*1 by lh• Irwt•ts tr part￿1•r fubJr• ￿￿ect or
omrnilmert.
R•5tricted ere subjected k) on Iher wenditur• ded8r&J by th• th)rv or
thrc44h the terms of an apkxal. fal into one of Su￿￿88￿&S.. rèstrith incomt fuTrJ$ or
endowm&rt hjnds.
14

Ulster Society for Promoting the Education of the Deaf and tho
Blind
Notos to the Flnanclal Statomonts
Year anded 31 July 2025
Accounllng poll¢lg8
In¢¢)mlng mouY¢
AJ IncomlrwJ r&s￿re&S are ￿ude￿ tn the slat8ment of finanual activities vknen enthutsrnent has
pa&sed to the ¢hty'. wobaL* Ihgt lh¢ be[￿ associated the transacuon
VAI to the charty and Ihe alr￿nt can be rdlably nwwred. Tr foltrth'ng spèdfic polld•s
am applied to partthlar categLVtes of income:
e from donations w grnnts IB rec(*Jnkned when tlwg i& of •nYU•m•nt to the
gfft. r8e*t 61 swobaN• and Its amw)t can b• mMsured relww.
cy rnMgnl8•d ¥hn rKdpt IB wobaJl8 and entilb•m•rtt Is •stsblknh8d.
com• from thnatsd IB Ir￿5&￿•￿ ai th• fair valuo of th• wd8 unh$• Ihl• l•
Iryyradeal to rneasurè Tdlalty, In cas• th• vakn• Is derlved from th8 Cost to the donor
or the estlm8ted resale value. t)r￿a￿d laulibes aTrJ strvlcas 8r8 f•cc¥JnSsed In tha
ccounts when recefved If the value ￿ bo rnligbty Ir￿a￿ur￿l. No arnuunts ￿ Indud•d f
the eontrfbutson of gan•ral volunt•ws.
om• from •Lwty of ¥eThk•• r• r•wJnH•d wth th• d•1￿¢ry d th•
c<x)tr8etsd s￿¢*. ThLs Is dassffled as ￿￿$11thd funds unlesB Ihere Is • contractual
r•qulTgmgnt for It to b? wnt on a pat1kn1ar purFOM and rnbjmed K unsprf In whlth caB•
may b¢ rggard•J •$ mtrlcbj.
Eyndltur•1s reets3nls8d on an ￿cTUal5 ba811 88 4 ILqbllrty L8 Inpjrred. Expendtturg Includ￿ any
VAT vthl¢h ¢annat t¢ fully r￿￿*d. #nd b da*￿ under h8*Jlw6 01 the stalernent of
nandal 4ctMtiBB to whith11 relgte¥.'
•yndttur• on ral8lng r#)81s Lrf dl fuThlralBlTrJ athllo•. •vents.
nonrfhwilal)le tr¥diTr3 and thg ￿1• of donatod goeth.
eYp8ndRu￿ on charltalAe aclfvttkn8 hchjdes al coBI8 Inrurred by a charlty In undertaklng
acliwties that furthor its L*ariiabkn aSms for th• bengfil of ils b￿n￿ana￿. Including tho8•
support fAisI8 costs rdal*¥J to tho of the charfty to ¢hari¢ab
tie$.
othw 0x￿r￿1r• IrdtyJ•8 dl •xpMdtw• thal Is nolthor roknt•d to fvnds for tho
NJI costs 8r• alLK8ted to &Y￿ndit￿re catetyY*s refie￿ the use of the rewur¢g. Dlrect costs
#ttrfbulable to a 8ingk8 aclvity are albjcatsd dlr•cty to that a¢￿. Shared c051s afe aPp￿c￿ed
T•nglbl• aM•ts
Toryibte assets arg rethed ot L>JsC arKI subsoquonvy slated at c(61 less any
ac¢umu18ted depyeclakn and Impairmwrt 10s80s. Any langible assats canfj•J at revAluad
8rMunts 8r• r8cordwJ at tho lalr valje at the date of revaluatirm I￿$ •ry $ubwu8nt
15

Ulster Soclety for Promoting the Education of the Deaf and the
Blind
NfAes to thg Financial Statements
Year ended 31 July 2025
Aecounllry poll¢le8 fFtyth••
T•nglbl• a¥50ts
Increase In lh• caryng an￿nI of an 85¥91 as o rgsult of a revaluatic￿, is rewJni5od tn other
roccgniged gains and k)ss8$. u￿e$S rt rnvews a charg8 for impaimwnt that has prwi¢xsty b8on
recognlsed as expendllure *thin thè statement of fin#Th￿l ￿t￿lI￿OI. A decroa$8 In the earryinq
ount of an ass•t as 8 r85￿ of r8valuatbJn. ￿ r8CO3rw8•J in other fownwd gain$ and losse8,
cept to which it offsets any previw¥ rnvaluatiGffi gain. in which ca80 tho k>ss 1$ 8IKMn wth
other r8cogni8gd galns and kA8es on the statement of ffflU￿al acilvrtO8s.
O•prncSatlon
OeprecAatlon L8 fawlat•d so 08 t+ or vakwllon of an 4880¢. 1016 As ro1￿U￿1
V8lu•. ovwth• u••fiJl ecorh)mK lrfe crfthat 8588t aB f￿$￿8.
Sch￿1 Buudlnps
Motc¢ vghldes
Equipment
2% ¥traI￿ lin
33% Str￿gh1 Iln•
25% stralghl li
Inv•*lm•nts
U1￿￿$te￿ equty Inv•stm•ni8 ar• Inllfialty •t L))sL ond $ubwonlty rn•gwrgd al falr
vdu•. Iffalr vat*A cannot bo rnllatyy rreasured. 0s8¢ts are meawred al Impalment.
U8thd Inv•strn8nts ar• m?￿ul￿a at fdr wlth c￿08 In fdr vakn bolThJ reccqn6wd In
Income Cf OXPgndNure.
Inv••tm•nts In a1￿cl￿t•*
ary &c￿mu1•t¥d inpalmwit ￿7￿.
Inv¢strngnts kn aB80ckgles accounted in acc4vdonca with tha lair v81u& mod81 are InIt￿lty
r￿cfjd8d at the Iransacloon prfce. At ￿ch repotho dot•, th• Inv•skn•nts •r• m••sur•d •t f*lr
vdu8. with thang88 in IBir valu8 laken 1hroU￿ inc(￿ ￿ eynditrwo. Ifvhern tt L8 ImpracUcabJo
to m•a8urè fvir vlug Tglknbtywlthout undue cost or offori th8 c(Jst rnod81 wlll b8 a¢kJpted.
r8gard to whg¢hgr di8thMons we ffwn acojmulatwj of the aMo¢kn athlng beforo or
after Ihe dale of a¢q￿L8￿on.
Inv••tm•nts In lolntv•ntur••
Inv8strnoni8 in lointy ¢ofitrd￿d w11￿8 •Co>j￿ for wlth tho C￿￿t modal arn
)rded atcrAI less any act￿nUlate￿l kxsts.
In¥ostmént5 ink4nly cc*rtrrAed enlltles aCC￿nI8￿ In accudancet*Ath the falr value model arè
[n￿allY rK(xded al the transacUc¥) fv. At 0￿h rgpottiig datè. th• InV•Sts￿nts ar8 mèa¥urgd
at falr value. wlth cha)ges in lair vakré taken thr￿gh income Cf 8XP8nditwe. Where il Is
Impracucable lo fay relwlAy wittwt urKkn caxt (X gffryL the g)sl rrndel will bo
adoptot1.
16

Ulster Society for Promotlng the Educatlon of the Deaf and the
Blind
Nolos to tho Financial SLitsments
Year •nded 31 July 2025
Accountlng pollcle•
Okndends and olh•r distrlbubons r•e4iv•d from lh• hw•slment arn racc*Jnls8d as incoma without
regar(I to wh8ther the di8trit*Jtions are from ￿um￿L￿￿1 yoffts ofthgioint vgnturg ori¥iry bgforg
or after Ihe dats of acqulsmkn.
Imp•Smwnt of flx•d ••••¢•
A ravlèw for Ind*ators of ImpaiThngnt ¢￿d ryrt at eath ￿Pts[ting datè. th• rncov8r8b
mount bw'n9 estimaied where such vy11￿ w8L Wtrwe the Y￿U0 gxwds the
r￿0verable amount. the asset 15 impalred aco)rdlrvJty. Prkx bnkthnents arv 8180 rovbwed for
Fwlt4e revernd at dato.
For the purposes of Impalm)ent t•8lJrYd. *th•n M 19 Mt posslblo to esltrnate the rocoverabl•
amount of an indmdual a¥seL 4n 88brnat¢ ￿ made of Ihe r*overablè amount of th•
ca#￿eneratI￿a u￿1 to whkh ts asset b¢bng$. caSh-ger￿althng unlt th thè smallest
Jontifiable group of 8gset8 that Indudes the aBset and 98nerale8 cash Inkn that laTgei¥
leF•nd•nt of th• cath Inllm from a8Mts c*grc4y ol al￿￿.
Fcf irnpairment testlng of goothylll, the 4xodwll awlred In a bu8lne8¥ ￿l￿natIon Is, frun the
acqul8lOon date, 8llocated to each of the c48fvgerwatiTrJ unrt8 Ihat are expected lo benefit from
Ihe 6ynergle8 of th• comblnaoon. of rAhw •B8ots (Y lablltho8 of tho charlty
ar• asslgngd to th)$0 uNts.
Flnanclal In•lNm•nts
Afflnondal 08••t or • Iwty IB rnLwnlMd orty thè dwty b￿￿ne8 to the
BaBK fftnancts81 ingtrumenls Irala*y rnrx¥JnlB•J al the amtyjnl ￿￿abL9 or payabl? Indudl
any r•latsd transackn costs.
Curr•nl a5s•is arKI cuThent 11a￿1￿ are Th￿u￿#d It lh• cth or oth•r
Vtherg Inve81men18 In Shwes we pubkly tr￿j￿ or Ihelr fak value bg mwsured
rellat4y. the Investm￿tt L* slkngequantty m•asured at l8Sr value wlth L*anges th f8lr value
r￿(￿anIs•d in Inecrfm and aX￿ndIturo. Al oth•r suc* Inv•sbrnnis arts subwjuently measured at
cost les8 impaThwL
Other fflnpnclal Instwments. Inc4udlry derlv8tkn. are Inma1￿ re¢oant88d at falr valu8. unl8S¥
payThnt for an asset Is delerred beyoTrJ nc¥mal buslne5S or finarKed at a rate of interest
that Is Th)t a rnto. In case the asset ts measur&J at the prgsfjnt valuo rA the fuiuro
payn*nts dkrycourted at 8 markot rate of interest for a d8bl in$tnJrn•rt.
ol￿r fina￿thI 1nslfum￿ts arn 8ikns•qu•nty m•A%x•d at fair value, *lih d￿1￿$
re¢c¥Jnised in Ihè slat•rnént of ffinartlal 8th1188. *lth lh• •X￿ of heth3rt InStr￿nig In a
dg¥wJnatsd hed9in9 relations￿p.
17

Ulster Society for Promoting the Education of the Deaf and the
Blind
Noles to the Financial SLtsments
Year ended 31 July 2025
A¢¢ountlng polkl••
nanclal In8trurn•nts
Flnanckql a￿ts that are m•asurad at eost or wbybsed cost are reviewed for objectwe evidence
of imwmient at tho •nd of reportirg date. 11 there is objective wid¢n¢o of impoirn8nL an
Impaim)ent L% rteoty)fjsed under the approwlatfr headlrwJ In the statement of fjnandal
aCti￿tI6$ In the initsal gain w48 recognl$8d.
For al equ￿ Ir*lrumonts rtyardl•88 d qlgnlfic•nc•. and other ffinandal a88ets that 8rn
Ind￿UallY slgntheant. th8sè arn ass•ss•d Indmdualty fci impalrmnt. Other financia aB8ets are
lther ass8s8¢d tndfvidu01￿ cf grouFed on thè bas15 of 5knI￿r ￿$￿ characterf8fjcs.
Ary revtr8al8 of kn￿lM￿nt are 1Th￿￿dIa￿ty. to tho extent that the revor8al do6$ not
r95uK in a carrying vrnwnt ol Iho financial 45¥91 th4t ¥x¢••ds wh•t th• Amount would
ha￿ beon had the Impalment nol sxevkw been ￿n￿ed.
D•fin•d ¢ontthullon pl•n•
Contrfbutlon5 to defined eofitrftyJth)n pl￿9 are ￿ as an expv¢&e In Ihe perkjd In %thlch
the rglatgd sgrvico is provided. Prepaid contn'butions ar8 r8CO3nised as an ass8t to tha extant
thal the prepayment ¥AII to a redu￿1Cffj in fvture Pay￿￿¥ or a tgfuThJ.
•n tontrftxthon8 are rnt èxwct•d to b• a•tUèd wholty vthln 12 months of the end of tho
repo￿Tr9 dato In whth Iha ￿plOyeeS rend8r the rolatod 8wvko, th• 4¥blllty l• mwurad on
¢j￿r￿Unt•d pr•s8nt V8lu• bas18. Th• of ts dlKoJnt kn rKogTh•od a¥ an ￿Pon•• In
th8 pl￿)d In whth it arfa•s.
Oon•tlon• •nd l•q•cl
i*Y•strh3•J Totsl Fund• UrWublc￿ Total Fund8
FuThJ•
2024
Donatl¢>n•
Donation6
& Charltsbl• xtMIl•
Ur¥e8tricted Restrithd T¢)tal Fund•
Funds
Funds
2025
Ed￿￿knn Authorty
19.596
91.522
111.118
UrYe8trid¢d R¢strict•d Toial Fund8
FundB
Funds
2024
E￿ethn Authtylty
70.195
70.195

Ulster Socioty for Promoting the Education of the Deaf and the
Blind
Notes to the Flnanclal Statomonts icwthu••
Yoar ended 31 July 2025
Unr851ri(knd Totsl Fund• UNe8trici&J Total FLmd$
FU￿
2025
Fund8
2024
1.523
39.736
213.959
53.381
1.523
39,73e
213,959
53.381
2.254
71,363
200,511
19,382
293.49)
NICIFC divld8nds
Brewln Dolphin ptywulk) dNldeTh18
In￿$1•¢ portrc4KJ dI￿dendS
71,383
200,511
19.382
308.gJ9 S)8.599
293.4
Oth•r In¢orn•
lthrostr14tsO T¢)t•l Fund• Uw•8idci•J Toial
FUTh
2025
Fund8
2024
ML8cellaw(x
DENI
S•nue Boardlry HOUBO
154
16.808
154
16.808
519
111,659
9,74S
121.923
519
111,859
9,745
25.462
25.462
121.923
In¥••trn•nt m•nag•m•nt ¢o•ts
UnToBtrhaed Totsl Fund• Unr•8trfct•d Totsl Fund•
2025
Fund•
2024
Brffi￿n Ddphln Man￿ornentle•
In¥￿t•t manggement fee
44,251
7.451
44251
7.451
40.337
40,337
7,008
47.345
51,702
51,702
47.345
•. Exp•ndllur• on Gh•rll•bl• •atl¥Hl•• ty fvnd typ•
unT￿trkIed Ro811￿ Tot•1 Fund•
Fur•JB
Fund8
2025
Promot8 Edu¢olk>n of Deal oThJ ￿11￿1
SupF4t ¢08t8
479.448
12.099
91.522
570.970
12,099
583,069
491.S47
91.522
Unrestrfctad R•strfct8d Total Funds
FurKI8
Fund#
2024
P￿Krte Edwatkn ol D•afar#J BlhKI
Supwt cc4ts
$59251
14.349
70.195 629.446
14,349
70.195
643,795
19

Ulster Society for Promoting the Educatlon of the Deaf and tha
Blind
Not•s to the Financlal Statsments (¢ty*w¢Q
Year ended 31 July 2025
10. ExpondltsN• on charftabl• xtl¥ltl•• by acllvlty typo
T¢)tsl lund• Tolal fvnd
2023
2024
(Irocty Suppxt CO8t¥
PTcffjol¢ EducaJon ol D•af Bllnd
Governance costs
570,970
2.642
9,457
573,612
9.457
$83,¢X9
833,485
10,310
843.795
570,970
12,099
11. An•ty*l• ol ¢o•t•
AnatyBls of
Supp
Tot•1 2025 Total 2024
General offl
Flnanc• c08ts
Govwnanc• ¢c4ts
2.472
170
9,457
2.472
170
9.457
195
10.310
12,099
12.099
14.349
11 N•t o•lM on In¥••trn•n¢•
Unr•8￿¢￿•j Tot•1 Fund• Unrwtrlcl•J Tolal FuThl•
Fund•
Fund$
2024
415,835
415.835
1.336.054
1,336,054
13. Audknrn rwnun•r•tlon
2025
2024
payab￿ for IM aLNltt oflhg *at•mJnts
8,757
2025
21R4
Wage¥ sala
80,299
4.739
3.522
82,5￿)
6.201
Empbyer contthbutbns to pla
,022
The avertga head ￿nI of wrwoyees duthg tho ye¥ 112024.. 1}.

Ulstèr Society for Promoting the Education of the Deaf and the
Blind
Noles to the Flnanclal 8tatsmonts I(￿￿[•*
Year and￿ 31 July 2025
The numberofemF4ws rOn￿n￿All￿n forlhe yearfell wllhln thB folbwing bonds. were..
2025
2024
No.
£eO,CQ) to £89.999
K•y M￿le•￿•nI P•rnonn
managernert per￿n￿ aN pern(￿ that hava authorty and rosponsiLilty fr
plamlng. dlrecbThJ and tcthllng ad¥i¥•s of th• tha￿. Th• totsl tsjmponsalhn to koy
managemerrt fr* wth•s Fwo¥kW to ts dwrmy £88.5fj0 {2024£90.0221.
The charlty trustees ￿r• not palj or r8c8fv8d #ny ollw b8nth from ompl0yr￿1 In the year
12024'.£Nill. One r•lrn￿r￿d fty Iho C¢St ¢4 a ¥thc¥iptioi for onl￿? meeting5.
towlkw t155.12024..£144 subscrtplkn for I￿￿ne *).
1& T4nglbl• u••ts
Molor
Tot•1
At 1 Auqu•t 2024 and
31 July 202S
D•pr•¢Satlon
At 1 Augusl 2024
Charge for the ye
Al 31 Juty 2025
e•vrySng •mount
At 31 July 202S
At 31 Juty 2Wd4
314.036 7.652.698
11.725
318.005 8,296,464
1,980.250
153,054
11.72S
318,005 2,309,980
153,054
2.133.304
11.725
318,IJ05 2,463,034
314.038 5.519.394
5,833.430
314.038 5.872.448
S,988.484
21

Ulster Society for Promoting the Education of the Deaf and the
Blind
Notes to the Flnan¢lal Statements (e
Year ondod 31 July 2025
Oth•r
Invo8lrnents
Co•t orv•lu•Uon
At 1 August 2024
dlkns
DisposaL
Fair vdue moveTh
13.867,504
3.451,354
{3,179.617}
415,835
{51.702}
14.503,374
At 31 July 2025
Impalrm•nl
At 1 August 2024 •nd 31 2025
C•rrylng arnount
At 31 July 202S
At 31 July 2024
14.503.374
13.867,504
18. O•btor•
202S
2024
Trnde detAcrf8
6.375
68,280
2.125
85.534
64,635
87,659
l•. Crndltor•: •mowts fallnq du• ¥Athkn on• y•w
2025
2024
ru*
16,821
8.084
64.274
62.338
17.507
2￿ P•n•Son• •nd oth•r po•1 r•llr•nwnt b•n•fft•
D¢flned contwlbutlon pknn¥
Thg a￿aUnt rew3thed In Inrrrn an 0x￿n$• kn r•latb)n to ddnod
onlrfbullon ￿an3 was £3.522 {2024.. £1.321).

Ulster Soclety for Promoting the Education of the Deaf and the
Blind
Notes to tho Flnanclal Statements (￿￿￿1•￿•
Year onded 31 Juty 2025
21. Analysls Of¢har￿bkn fvnth
1 Afju8t 202
Gakn6 and
At
19s505 31 Juty 2025
(¥￿ Ex￿dI1￿re
Gerwal fvnd•
T•ach8rs & Slgn
L•ngu4¥ A¥¥i8knt
20.098.286
3S3.6S7
IS432491
415.835 20,324.529
483,703
415.835 20,808.232
20,581.98
353.657
1543.2491
1￿12￿
Gdns
1083•s 31 Juty 2024
G•neral fund8
T•aeh8rs & SbJn
Langu8g•
18.967.694
415.483
{620.945) 1J36,OS4 20,0982ee
483.703
483.703
19.451,397
415.483
{820,94SI 1,336,OS4 20,$81,989
Unrastrfet8d fu￿$ arn fr8•ty Avallablè to ynd on any of th• charW8 wrpogts. Th trust￿•
hav• furth•r ￿199￿159d fvndi. wilhln Unmtrkl￿ fvnd ¥8 follry*s:
al Ganernl fijndg
Th•s• funds #r8 •xp8Nl#bl¢ at tho dknkn of tho Tntsta¢s In (urth8rane8 of purpos•s of
th• ￿l￿ty. In •Jditknn to the expeThJilwe w ¢wJir¥J fund8 rnay be hgkl In
tydor lo fl￿an￿ l¥jrn￿eJ and w￿ktr￿ cathl. Th• Trust￿￿ have currgnlty $91 • of 12
rnonihB CP8rallThJ co8ts to be hdd as general rn88rve8 to maet tha Lwolng n88d8 01 tha Sodaty.
Oparatinp ¢osts aro th¢49 Inf￿Vred annualty as Set In tho a￿lit￿l ffin•Kl•l ststèmonts
gxdudlTr3 whk*18 a non•ca8h exFense aTrJ covernl through deglgnated reseryoB.
b} O•S￿nal•d fvnds
Desb3n8tgd funds grn arn￿￿￿8 Jot a•hJe frcrfn funds hwo been 'eamwked'
for partl¢ular projects.
1 202
aThJ
At
31 July 2025
EdU￿n Authorlty
91,522
{91,5221
1 *lAyt 202
Gains and
Ic&8eB 31 2024
Educalhn Aullhryrlty
70.195
(70.1951
23

Ulster Soclety for Promoting the Education of the Deaf and the
Blind
NotOS to th• Financial Statements
Year ond•d 31 Juty 2025
21. Analy518 of ch•rll•bh funds
Restricted fijnds are arr￿Unts to b8 used for th8 sfftd purposes a8 L8hJ out ty lh8 don￿.
Eynditura whith meets these is charg&J lo the fijnd ttYJ•thar wilh a falr alIf*AtiC￿ of
overhead and surfx)rt cosls. ThÈ TrusteÈs havè nts t￿trts1 ¢)vÈr funtls than ensuring
th&y ar8 sp8nt for thg pUrF￿￿ Intend￿ by Ihe do￿T8 and therefrjre no t8rg8t level has b88n
21 An4￿1$ ol Mt a*ut* boiwwi fvnd
Un￿tric￿ed Total Fund•
Fund8
2025
Tar*3ltrA8 fixed assets
Inv881ment8
Curr8nt ass•ts
Credltor¥ Iw than 1 yoar
N•t •8••t•
5.B33,430
5.833,430
14,503,374 14,503,374
488,935
488,935
117.5071
{17.507}
20.808.232 20.808,232
Unr•s1rt￿ Totsl Fundi
Fun
2024
Tanglbl• flxad
Inv￿tr￿ents
Current 8890ts
Credttors less than 1 y
5,986,484
5.986,484
13.867,504 13.867,504
790,339
790,339
{613381
162,3381
20.581.989 20.581.989
21 Taxatlon
Th? Compwy kn a regL8tered i*arlty, and 83 s￿h IB tsx •x•nplcm on IrKem8 ond
proffts In lurthornnc8 ofth• t￿rit*S ￿Mary obj&lfv#.
TheTg boon no retated party IrarAath in th• y•ar cAMr than alr•ady dixljwd
Note 15.
In Common many other busknesBes of our svze natyre we use w audrtors to ￿pare
submrt retums io the lax aulhoriues and assist *ith the wepafation of tho flnAnclal