CHARITY REGISTRATION NUMBER: NIC105099
ULSTER-SCOTS LANGUAGE SOCIETY
Unaudited Financial Statements
31 December 2023
RRAY LI
Chartered accountants
30b MARKET SQUARE
DROMORE
CO. DOWN
BT25 1 AW

ULSTER-SCOTS LANGUAGE SOCIETY
Financial Statements
Year ended 31 December 2023
Page
Trustees, annual report
Report to ulster-scots language society on the unaudited
financial infonnation
Statement of financial activities
Statement of financial position
Notes to the financial statements

ULSTER-SCOTS LANGUAGE SOCIETY
Trustees. Annual Report
Year ended 31 December 2023
The trustees present their report and the unaudtted financial statements o* the charty for the year
ended 31 December 2023.
Reference and admlnlstratlve details
Registered charity name
ULSTER-SCOTS LANGUAGE SOCIETY
Charity reglstration number
NIC105099
Prlnclpal office
clo 79 Beechgrove Avenue
Belfast
BT6 OND
The trusiees
Mr J Erskine
Ms S Young
Dr P Saunders
Mrs A Smyth
Dr Philip Robinson
Mr Billy Carlile
Mr John Wright
Accountants
JOSEPH MURFIAY LIMITED
Chartered accountants
30b MARKET SQUARE
DROMORE
CO. DOWN
BT25 IAW
Struclurei governance and management
The organisation an unincorporated body operating as a society.
The Ulster-scots Language Society is recognised by HM Revenue & Customs as having charitable
objects for tsx purposes under reference XN89678.
The Society is governed by a committee which is elected at each annual generai meeting.
The officers of the society are the Chairman. Treasurer and Secretary, who are elected annually by the
Committee at its first meeting following the annual generd meeting.
The Society is governed by a constitution adopted on 8th November 2006.

ULSTER-SCOTS LANGUAGE SOCIETY
Trustees. Annual Report (￿￿1￿Ued)
Year ended 31 December 2023
Oblectlves and activities
The objectives of the Society are lo record, promote. generate recognitron of and uphold the use of the
Ulster-scols tongue in present day writing, education and speech: to encourage interest in traditional
Ulster-scots literature and to promote the Ulster-scots tradstion in music, dance, song and ballad.
During the period under review. the Society continued its activities of publishing Ulster-scots literature.
Achlevements and prtonnance
The Society Continued lo meet its key obl￿tiveS in its operationaj area in line with tis strategic plan
during the last twelve months.
Financial review
The Trustees are satisfied with the Societys perfomiance over the year and its financial position at the
year end.
The Society had a simitar year to the previous one in temis of activities however costs of £500 incurred
during the year in digitising some literature of the Society contributed largety to the Society sustaining a
small deficit over the year amounting to £690 {2022 - Surplus £538).
The Trustees are nevertheless pleased that the balance sheet remains reasonabty strong despite the
additional costs incurred during the 2023 fin￿la1 year.
Plans for i￿ure perlods
The Society hopes to engage in activibes to augment its core lunding in order to provid8 additionaj
monies to further its objectNes.
The trustees, annual report was approved on 23 May 2024 and signed on behalf of the board of
trustees by:
Ms S Young
Trustee
Mrs A Smyth
Trustee

ULSTER-SCOTS LANGUAGE SOCIETY
Report to Ulster-scots Language Society on the Unaudited Financial
Information of ULSTER-SCOTS LANGUAGE SOCIETY
Year ended 31 December 2023
As described on the statement of financial position, the tTUStees of the charity are responsible for the
preparation of the financiaj slatements for the year ended 31 December 2023, which comprise the
statement of financial activities, statement of financial position arKI the related notes.
You consKler that the Gharty is exempt from an audit under the Charities Act (Northem Ireland) 2008.
In accordance with your instructions we have compiled these financial statements in order to assist you
to fulfil your statutory responsibilities. from the accounting records and from information and
explanations supplied to us.
JOSEPH MURRAY LIMITED
Chartered accountants
30b MARKET SQUARE
DROMORE
CO. DOWN
BT25 1AW
23 May 2024

ULSTER-SCOTS LANGUAGE SOCIETY
Statement of Flnancial Activities
Year ended 31 December 2023
2023
Restricted
lunds Total funds Total funds
2022
Unrestricted
fuTKIs
Income and endownwnts
Donations and legacies
Other trading activities
Total incom8
156
863
156
282
951
1,019
1,019
1,233
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies
Expenditure on charitable activities
Total expenditure
427
268
705
705
1,709
1,709
695
Net (expenditure)Ilncome and net
movement in funds
(690)
(690)
538
Reconclllatlon of funds
Total funds brought forward
Totsl funds carried fO￿ard
8,187
7,497
{3.558)
(3,558}
4,629
3.939
4,091
4,629
The statement of financial aclivtties indudes all gaÈns and losses recognised in the year.
All income and expenditure derive trom continuing activities.
The notes on pages 6 10 11 forni part of these flnancial stalemen

ULSTER-SCOTS LANGUAGE SOCIETY
ststement of Financial Position
31 December 2023
2022
Current assets
Cash at bank and in hand
12,323
12,773
Creditors: amounts falling due within one year
Net current assets
10
8,384
8,144
3.939
3,939
3,939
4,629
4,629
4,629
Tolal assets l&ss cuThent liabilities
Net assets
Funds of the charity
Restricted funds
Unrestricted funds
(3,558>
7,497
3,939
{3,558)
8,187
Total charity funds
11
4,629
These financial statem8nts were approved by the board ol trustees and authorised for issu8 on 23 May
2024, and are signed on behalf of the board by:
Mrs A Smylh
Trustee
The noles on pagos 6 to 11 torn) part ol th￿ finan¢lal statements.

ULSTER-SCOTS LANGUAGE SOCIETY
Notes to the Financial Ststements
Year ended 31 December 2023
ststement of compllance
These financial statemerrts have been prepared in compliance with FRS 102. 'The Financial
Reporting Standard applicable in the UK and Ihe Republic of Ireland.. the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of IrelarKI {FRS 102) (Gharities
SORP (FRS 102)) and the Charrties Act (Northern IreEand) 2008.
Accounting policies
Basls of preparation
The financial statements have been prepared on the historicd cost basis, as modified by the
revaluation of certain financia] assets arKI liabilthes and investment properties measured at far
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng concern
There are no material uncertanties about the charitys abilty to continue.
Judgements and key sourees of estlmatlon uncerlainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reFrf)rted. These estimates and judgements
are continually reviewed and are based on experience and other factors. including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees lo further any of the
charitys purposes.
Designated funds are unrestricted funds earmarf<ed by the trustees for partlcular fulure project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declar&J by the donor or
through the terms of an appeal, and fall into one of two subdasses: restricted income funds or
endowment funds.

ULSTER-SCOTS LANGUAGE SOCIETY
Notes to the Financial Statements (continii
Year ended 31 December 2023
Accounllng pollcles (conunued)
Incomlng resources
All incoming resources are included in the statement of financial activtties when gntitlement has
passed to the chaiity. it is probable that the economic benefits associated with the transaction will
flow to the charty and the amount can be reliably measured. The followtng specrfic policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of enlitlemenl to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entttlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliabty, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services.are recognised in the accounts
when received rf the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply ol seNices is recognised y￿th the delivery of the
contracted seNice. This is classrfied as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose arKA relumed if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accrua]s basis as a liability is incurred. Expendtture includes any
VAT which cannot be fu15y recoverwj, and is classilied under headings of the statement of
financial activities to which tt relates:
expenditur8 on raising funds includes the costs of all fundraising acbviti8s, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable acttvrties includes all cosls incurred by a charty in undartaking
activtties that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure thai is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated lo expenditure categorles reflecting the use of the resource. Dlrect costs
attributable to a single activity are allocated directy to that activity. Shared costs are apportioned
between th8 activtbes they contribute to on a reasonable, justifiable and consistent basis.
Tanglble assets
Tangible assets are initially recorded at COSL and subsequently stated at Cost less any
accumulated depreciation and impaimierrt losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the dale of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

ULSTER-SCOTS LANGUAGE SOCIETY
Notes to the Financial Statements (conlln(￿
Year ended 31 December 2023
Accounllng pollcles {contthuedJ
Tangible assels (¢onllnu8dJ
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impainnent that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a resutt of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gans and losses on the statement of financial activities.
Depreciatlon
Depreciation is calculated so as to write off the cost or valualion of an asset, less its residual
value, over the useful economic lrfe ol that asset as follows:
Equipment
25% reducing balance
Impalrment of fixed assets
A review for indicators of impaiment is carried out at each reporting date. wilh th8 recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impared accordingly. Prior imparnents are also reviewed for
possible reversal at each reporting date.
For the purFM)ses of impaimient testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimat8 is made of the r8coverable amount of th8 cash-
generating unit to which the assel belongs. The cash4Jenerating unit is the smatlest identifiable
group of assels that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwll acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generaling units Ihat are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilittes of the charity
are assigned to those unts.
Financlal Instrumènts
A financiai asset or a financial liabilty is recognised onty when the charity becomes a paty to the
contractual provisions of the instrumenL
Basic financial instwments are tnitialty recognised at the amount recewable or payable including
any related transaction costs.
Current assets and current liabilittes are subsequenlly measured at the cash or other
Gonsideration expeGted to be paid or receNed and nol discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequenlly measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impainnent.

ULSTER-SCOTS LANGUAGE SOCIETY
Notes to the Financial Statements (conrfnued)
Year ended 31 December 2023
Accountlng policies (cononued)
Financial instrumenls (¢ontim*é)
Other financial instruments, including derNatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond nomial business temis or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the presenl value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequentty measured at f&r value, with any changes
recognised in the statement of financial acliviiies. with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are re￿lleWed for objective evidence
of impairment at the end of each reporting date. If there is objecttve evldence of impairment, an
impairment loss is recognised under the appropriate heading in Ihe statement of financial
activities in which the inrtÉal gain was recognised.
For all equty instruments regardless of significance, and other financial assets Ihat are
individually significant, these are assessed indNidually for impairment. Other financial assets are
either assessed indiwdually or grouped on the basis of similar credit risk charact8ristics.
Any reversals of impairment are recc¥Jnised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that eX￿edS what the carrying amourrt would
have been had the impairment not previously been recognised.
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
. Funds
2023
Funds
2022
Donations
Donations
Subscriptions
180
102
180
102
156
156
282
282
Other tradlng actlvlties
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023 .
Funds
2022
Other activities for generating funds -
Sale of Literature
863
951
951
Cosls of raising donatlons and legacies
Unrestricted Tolal Funds Unrestricled Total Funds
FuThts
2023
Funds
2022
Costs of raising donalions and legacies
- Production of Literature
1,004
427
427

ULSTER-SCOTS LANGUAGE SOCIETY
Noles to the Financial Ststements (rnntinue
Year ended 31 December 2023
Expenditure on charitable activities by fund type
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Support costs
705
705
268
Expenditure on eharltable activities by activity type
Total funds
2023
Total fund
2022
SuFWrt costs
Govemance costs
705
268
Trustee remuneration and expenses
No remuneration or olher benefits from employment with the charity or a related entty were
received by the trustees
Tangible fixed assets
Equipment
Total
Cost
At 1 January 2023 and 31 December 2023
Depreciation
At 1 January 2023 and 31 December 2023
Carrylng amount
At 31 December 2023
3,249
3,249
3,249
At 31 December 2022
10. Creditors: amounts falling due wlthln one year
20fJ
2022
Accwals and deferred income
Other creditors - short term loan from D Rowlinson
Other creditors
l160
1,920
6.180
8.384
6,180
8,144
10-

ULSTER-SCOTS LANGUAGE SOCIETY
Notes to the Hnanclal Statements I￿n11n
Year ended 31 December 2023
11. Analysis of charitable funds
Unresirlcled funds
At
1 January 202
31 December
2023
Income Expenditure
Unrestricted Fund - Language
advancemenl
8,187
1,019
(1,709)
7N97
At
1 January 202
At
31 December
2022
Income Expenditure
Unrestricted Fund - Language
advancement
7,649
1,233
(695)
8,187
Restricted funds
1 January 202
31 Decèmber
2023
Income Expenditure
Restricted Fund - Core Funding
(3,558)
(3.558)
At
31 December
2022
1 January 202
Income Expenditure
Restricted Fund - Core Funding
(3,558)
(3.558)
12. Analysls of net assets between funds
Unrestricted
Funds
Reslricted Tolal Funds
Funds
2023
Current assets
Creditors less than l year
Net assets
12.323
(4.826)
7.497
12,323
{8,384)
3,939
(3,558)
(3,558)
Unrestricted
Funds
Restrlcted Total Funds
Funds
2022
Current assets
Creditors less than 1 year
Net assets
12,773
{4,586)
8.187
12,773
18,144)
4,829
(3,558)
(3,558)
11