Charity registratlon number NIC103491
Company registratlon number N1061855 (Northem Ireland)
THE IRISH GROUSE CONSERVATION TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE IRISH GROUSE CONSERVATION TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE IRISH GROUSE CONSERVATION TRUST
I report on the accounts ofthe Trust for the year ended 31 March 2024, which are set out on pages 8 to 16.
Respective responsibilities of Trustees and examiner
The trustees. who are also the directors of The Irish Grouse Conservation Trust for the purposes of company law,
are responsible for the preparation of the accounts in accordan￿ with the requirement5 of the Companies Act
2006.
Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent
examination, tl is my responsibilty to:
examine the accounts under section 65 of the Charities Act
(iij follow the procedures laid down in the general directions glven by the Charity Comrnission for Northem
Ireland under section 65(9)(b) of the Charities Act
(iii} to state whether particular matters have come to my attention.
Basis of independent examinerfs 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 Northem Ireland under
section 65(9)Ib) of Ihe Charities Act. The examination included a review of the accounting records kept by the
charity and a comparison of the accounts presented wrth those records. It also included consideration of any
unusual ttems or disclosures in the accounts, and seeking explanations from you as charity trustees concerning
any such matters.
My role is to stste whether any material matters have come to my attention giving us cause to believe:
1. That accounting records were not kept in accordance wilh section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records
3. That Ihe accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006
and with the methods and principles of the Charities Statement of Recommended Practi￿ applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic
of Ireland
4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examinerfs statement
In connection with my examination, no matter has wme to my attention..
(a) which gives us reasonable cause to believe that in any material resped the requiremerrts=
(i) to keep accounting records in accordance with Section 386 of the Companies Act 2006. and
(ill to prepare financial statements which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principles of the
statemenl of Recommended Practice: Accounting and Reporting by Charities.,
(iii) which are consistent with the method5 and principles of the Statement of Recommended Practi￿.
Accounting and Reporting by Charilies;
have not been met or
(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
financial statements to be reached.
. g.fL4
Dr R I Peters Gallagher OBE FCA
Moore (N.I.) LLP
Chartered Accounlants
4th Floor Donegall House
7 Donegall Square North
Belfast
BT15GB
Dated: 25 October 2024

THE IRISH GROUSE CONSERVATION TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income from".
Charitable activities
Investments
125.515
257
125,899
41
Total income
125,772
125,940
enditure on:
Charitable aotivities
110,027
114.021
Net income for the yearl
Net movement in funds
15,745
11,919
Fund balances at 1 April 2023
70,247
58,328
Fund balances at 31 March 2024
85,992
70.247
The statement of financial acttvities inc]udes all gains and losses recognised in the year.
The statemenl of financial activtties includes all gains and losses recognised in the year. All income and expenditure
derNe from continuing activities.
The statement of financial activities also complies with the requirements for an incorne and expenditure account
underthe CompaniesAct 2006.

Draft Fln4n¢l41 Sts*m¢nts Ot 21 Oetoè¢r 2024 at 10:35:S1
THE IRISH GROUSE CONSERVATION TRUST
BALANCE SHEET
ASAT31 AfARCH
' 2024
2023
Not*5
Flxed •gs¢ts
11
3A30
Currerrt assets ,.
12
41.819
51.$50
Cash at In tsna
99,093
1Q7,337
CT•dttorG: am4xmts fal!Ing du2 withln
on• y•ar
13
124,ll5)
125.T17J
Net curTpnt 455*5
81562
e8,351
Totsl a55ets less cufreTrt Ilabllllbe9
8S,992
8S,992
Th* lufids d the TrpA¢
Urro5?ricttsd frJney
85,992
702L7
85.992
Th* ccmpany ts •ntitr•d to th8 ?xemption feorn trÉ alth ￿LireMe￿ corrtain#tt iri soticn 4f of the Curnpanie5rtct
21))E. tr ;hé y￿1 •nthd 31 2024 fompany moTnOtrs hav* ietyJsrtyl thg obcairj ar. authl af
•$• ￿•￿*1 Stat•n￿E* to S￿110n 47e oftrn Ccryarries A.ct2(N.
The Trusts•s ackithvlédtse Ihgir resryJr¥s￿l[l￿e5. for ensurtny Ihe thBrity keeps lE￿Tts vhxh.
comply wtth of tr* AGand tr preoarir¢J firan¢i31 vthbrsi trLÈè and f4ir vsow oftr Sta
ef aPa&S cl crmpany aE 8t the end of the finsnc4a ye¥ anu cf rts ￿COM[rO ￿OUrcES rrt oPPL>bon ot
rosoLWCéS. in￿￿￿ng it£ irwne and e>wndthrn. fc¢ Inarycia.; y8¥ in axordance the WLittemeyts of
rin*)Cial swettents. so l¥ a$ to ecv,oar.y
T￿* merDlfS have ftJi IV4￿*& Vte toffjwiy to thin w au¢ffit ofitsfrn]al lfié yPor in quewirr. r
wihh S#ctrEOll 478.
The
Trustee
Cwatty WJL81-8tion TrJnib•r NIQB?8ts INtrm•m:r*iaThll

THE IRISH GROUSE CONSERVATION TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flovvJ from operating activities
Cash generated from operalions
49,578
2,859
Investing activities
Purchase of tangible fixed assets
Investmenl income received
12,392)
257
41
Net cash (used in)Igenerated from
investing activities
(2,135}
41
Net cash used in financing activities
Net increase in cash and cash equivalents
47,443
2,900
Cash and cash equivalents at beginning of year
51.650
48,750
Cash and cash equivalents at end of year
99,093
51.650
10-

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity inforniation
The Irish Grouse Conservation Trust is a pr¢vate company limited by guarantee incorporated in Northem
Ireland. The registered office is 4th Floor Donegall House, 7 Donegall Square North, Belfast, B T15GB.
1.1 Accounting convention
The financial ststements have been prepared in accordance with the Trusys Memorandum of Articles and
Association,
the Companies Act 2006 and °Accounling and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordan¢e with the Financial
Reporbng Standard applicable in the UK and Republic of Ireland (FRS 102). (as amended for accounting
periods commencing from 1 January 2016). The Trust is a Public Benefft Entity as defined by FRS 102.
The financial stslements are prepared in sterling, which is the functional currency of the Trust. Monetary
amounts in these financial ststements are rounded to the nearest £.
1.2 Going concern
At the time of approving the financial statements. the Trustees have a reasonable expectation that the Trust
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors a5 to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific condtlions by donors that the capital must be maintained by the
Trust.
1.4 Incoming resources
Income is recognised when the Trust is legally entitled to il after any performance conditions have been met,
the amounts can be measured reliabty, and it is probable that income will be received.
Cash donations are recognised on re￿IPt. Other donations are recognised once the Trust has been nolffied
of the donation, unless perfomance condttions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the receipt.
1.5 Tangible fixed assets
Tangible fixed assets arè inÈbally measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impaiment losses.
Depreciation is re￿gnised so as to wrtte off the cost or valuation of assets less their residual values over their
useful lives on the following bases:
Plant and equipment
Fixtures and ffttings
Motor vehicles
20% Reducing balan
20% Reducing balance
250/0 Reducing balan
The gain or loss arising on the disposal of an asset is detemiined as the difference be￿een the sale
proceeds and the carying value of the asset, and is recognised in the statement of financial activities.
11

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Continued)
1.6 Impairnient of r￿ed assets
At each reporting end date, the Trust reviews the carying amounts of its langible assets to detemine whether
there is any indication that those assets have suffered an impaiment loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to detemiine the extent of the impaimient loss (rf any).
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-temi liquid
investments wÉth original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The Trust has elected to appty the provisions of Section 11 'Basic Financial Instruments. and Section 12
'other Financial Instrurnents Issues, of FRS 102 to all of it5 financial instruments.
Financial instruments are recognised in the Trust's balan￿ sheet when the Trust becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, wÉth the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequenlly carried at amorlised cost using the
effective interest method unless the arrangement conslitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as recetvable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangeTnent constitutes a financing transactlon, where the debl instrument is measured at the present
value of the future payments dis¢ounled at a markel rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carrted at amortised cost, using the effective intsrest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities rf payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initialty at
transaction price and subsequently measured at amortised cost using the effective interest method.
Dere¢ognition of financial liabilities
Financial liabilities are derecognised when the Trusvs contractual obligations expire or are discharged or
cancelled.
12-

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting estimates and judgements
In the application of the Trusfs accounting policies, the Trustees are required to make judgements. estimates
and assumptions about the caryin9 amount of assets and liabilities that are not readily apparent from other
Sour￿$. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underfying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Charftable activities
Unrestricted Unrestricted
funds
funds
2024
2023
Donations
Gtft aid refund
Organised shoots
Other income
23.663
3,052
26,100
3,708
1,540
94,551
98,800
125,515
125,899
Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
257
41
13-

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Charitable activities
2024
2023
Staff costs
Depreciation and impairment
Power, light and heat
Repairs and maintenance
Premises insuran
Hire of equipment
Computer running costs
Motor
Sundry
Bank charges
Dog food
other charitable expenditure
60,89S
858
1,021
356
3.012
4,333
306
17,626
3,098
240
200
16,721
66,191
475
1,279
3,351
2.999
7,173
154
14,883
491
213
834
14,678
108,667
112.721
Share of govemance costs (see note 6)
1,360
1,300
110.027
114,021
Support costs
Support Governance
costs
costs
2024
2023
Independent examiners
1,360
1,360
1,300
1,360
1,360
1,300
Analysed be￿een
Charitable activities
1,360
1,360
1,300
Govemance cosls includes paymenls to the independent examiners of £1,000 (202& £1,000) for
independent examination fees.
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl(creditingl:
Fees payable for the independent examinalion of the charity's financial
ststements
Depreciation of owned tangible fixed assets
1,360
858
1,300
475
14-

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustee5
None of the Trustees (or any person5 connected with thern) received any remuneration or beneffls from the
Trust during the year.
Employees
The average monthly number of employees during the yearwas..
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salarie5
60.896
66.191
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitsble purposes.
11 Tangible fixed assets
Plant and Flxiuros and Motor vohiclgs
equipment
r￿IngS
Totsl
Cost
At 1 April 2023
Additions
Disposals
19,022
2.381
2,392
10,000
31,403
2,392
(10,000}
{10,000)
At 31 March 2024
19,022
4,773
23,795
Depreciation and impainnent
At 1 April 2023
Depreciation charged in the year
Eliminated in respect of disposals
17,209
363
2,298
495
10,000
29,507
858
(10,000)
(10.000)
At 31 March 2024
17,572
2,793
20,365
Carrying amount
At 31 March 2024
1.450
1,980
3,430
At 31 March 2023
1,813
83
1,896
15-

THE IRISH GROUSE CONSERVATION TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
12 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
5,166
3,078
38,856
2,962
8,244
41,818
13 Creditors: amounts falling due within one year
2024
2023
Notes
other taxation and social security
Deferred income
Other creditors
Accruals
13.701
8,138
1,937
999
13.570
6,300
14
5,247
24,775
25,117
14 Deferred income
2024
2023
Other deferred income
8.138
6,300
15 Unrestrictsd funds
The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are
not subject lo specifi¢ Conditions by donors and grantors as to how Ihey may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2023
Incomlng
resources
Resources At 31 March
expended
2024
General funds
70,247
125.772
(110,027)
85,992
Previous year:
At 1 April
2022
Incoming
resources
Resources At 31 March
expended
2023
General funds
58.328
125,940
(114.021)
70,247
16 Related party transactions
There were no disclosable relatsd party transactions during the year (2023 - none).
16-