COMPANY REGISTRATION NUMBER". N1024103
CHARITY REGISTRATION NUMBER: NIC105286
The Somme Association
Company Limited by Guarantee
Financial Statements
31 March 2025
Chartered accountants & statutory auditor
631 Lisburn Road
Belfast
BT9 7GT

The Somme Association
Company Llmlted by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent auditor's report to the members
Statement of financial activities (including income and
expenditure account)
14
Statement of financial position
Statement of cash flows
15
16
Notes to the financial statements
17
The followlng pages do not form part of the financial statements
Detailed statement of financial activities
33
Notes to the detailed statement of financial activities
35

The Somme Association
Company Llmlted by Guarantee
Trustees. Annual Report (Incorporating the Dlrector's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 31 March 2025.
Referen￿ and admlnlstratlve deta118
Reg18tered charfty name
The Somme Association
Charfty reglstrntlon nurn￿r
NIC105286
Company rnglstratlon number N1024103
Prlnclpal offlce and rnglst•red 233 Bangor Road
offle•
Nev4lownards
Co. Down
BT23 7PH
The Iru8la•8
Mr A McFarland
Mr E Holmes
Mr L Cree
Mr L Logan
Mr V Deshpar
Mrs E Hoy
(Resigned 5 February 20251
Audllor
Aubrey Campbell & Company
Chartered accountants & statutory auditor
631 Lisburn Road
Bemast
BT9 7GT

The Somme Association
Company Limlted by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnuod)
Year ended 31 March 2025
Structure, govemance and managemenl
Govemlng Document
The Somme Association is a charitable company limited by guarantee, incorporated on 26 January
1990. The company was established under a Memorandum of Association which established the
objects and powers of the charitable company and is governed under ils Articles of Association. In Ihe
event of the company being wound up, members are required lo contril)ute an amount not exceeding
£10 to the Charity's assets if it should be wound up while he or she is a member or within one year
after he or she ceases to be a member for payment of the charitvs debts and liabilities contra￿ed
before he or she ceases to be a member and of the cosls, charges and expenses of winding up and
tor the adjustment ol the rights of the contributors among themselves.
Recrullmenl and Appolntmènt ol Trustees
The Directors of Ihe Company are also charity Trustees for the purpose of charity law and urKler the
companls Articles are members of the Somme Association. Under the requirement of the
Memorandum and Articles of Association, the Trustees of the Somme Association Board are elecled
lo serve for a period of three years after which they musl be re-elecled at the next Annual General
Meeting. All members of the Board give their time volunlarily and receive no benefit from the charily.
Any expenses reclaimed from Ihe charity are set out in the accounts.
Organlsallonal Slruclure
The Somm8 Association has a 8oard of Truslees of 5 members who, meet quarterly or more
frequenlly. if required. The Board is responsible for the strategic direction and policy of the Charity.
The Director of the Somme Association. attends meelings of the Board, but has no voting rights.
Day to day responsibilty for the management of the charity is delegated to the Director, who is
responsible for ensuring that the charity delivers the seNces in accordance with its objectives sel out
in the Memorandum of Understanding, and Ihat key performance indicators are mel. The Director has
responsibility for the day io day operational management of the staff at the Somme Museum and al Ihe
Ulster Memorial Tower, and for ensuring staff members continue to develop their skills and working
practices in line w￿th good praclice.
Hlslory
The Somme Assoclation was formed in 1990 bmih the aim of educatiNJ the Put￿lC and commemorating,
on a cross-community basis. the role played by Irish men and women in Ihe First World War. It
administers Ihe Ulster Memorial Tower in France, and in 2004 purchased Thiepval Wood through a
granl from the Departmenl of Culture, Arts and Leisure. 11 has over the lasl lew years carried out
archaeological excavations of Ihe trenches in Thiepval Wood, from where Ihe Ulster Division made its
historic charge on Ihe 1st July 1916. The Wood was opened for guided lours in July 2006 and work
continues on the original First World War trenches. The Association also owns Craigavon House in
East Belfast, former home of Sir James Craig, Northern Ireland's firsl Prime Minister and central figure
In the Home Rule Crisis.
The Somme Heritage Centre opened in 1994 and became a fully accredited museum in 2002 urKJer
Museums, Libraries and Archives (MLAUK). The Trustees of the Somme Association decided to
change Ihe Museum's name to Somme Museum in 2014 and this was approved by Museums,
Libraries and Archives in the same year. The Somme Museum (SMI operates as an educational
facility, independent museum and as a tourist attraclion.
The Museum examines Ireland's role in the First World War with special reference lo local cross-
community involvement in the three volunteer Divisions raised in Ireland- Ihe 1 Oth and 161h

The Somme Association
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (conllmmd)
Year ended 31 March 2025
(Irish) Divisions, and the 36th (Ulster) Division. it provides public access to educaliond material that
relerences the significant local historical. political, cultural and heritage context of the years 1910-22
and specifically in relation to the Battle of the Somme.
The Museum conducts oulreach work wrth schools" provi(fing learning materials and links wilh the
school curriculum. The Museum has also established relationships with a number of community and
volunlary sector organisations which it aims to develop particularly within the VKsmen's sector. Since
2000, Ihe Museum has expanded inlo Ihe Second World War and other modem International conflicts.
The key aims of the Museum include strengthening cross<ommunty understanding and knovledge of
shared heritage, improving cross-border relationships. promoling reconcilialion and building on
educalionl outreach lacilities and programmes - particularly towards youth and women. This supports
the Execulive's statement that events will be organised under Ihe principles of..
educational locus.
reflection.
inclusivty;
- tolerance.,
. respect;
responsibilty; and,
- inlerdeperKlence.
The SM has an extensive collection of material from the First World War period and in the last number
of years a growlng collection from World War Two.
In 1998, a 'Management Committee, was fomied for the SM, which incorporated members of the
Somme Association. Ards Borough Council, North Down Borough Council, and interested individuals
with educational, business and communty relalions backgrounds. With the re-organisation of local
governmenl. the struclure of Ihe Committee has changed and now includes three Councillors from
Ards and North Down Borough Council.

The Somme Association
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {contInU￿)
Year ended 31 March 2025
Objectlves and aciivllles
Vlslon
To assist in bringing the people of the island of Ireland to a mutual understanding through the
commemoration and interpretation of the experiences of the men and women who lived, served, fought
and died in modem international conflicts.
Ml88lon
To improve community relations through commemoration arKI education on the important role played
by Irish Soldiers in defence of freedom in the modern era in a balanced. accurale and entertaining
manner - through the provision of museum displays and experiences at the Somme Museum, and
through the visitor experience at the Ulster Memorial ToV￿r and Thiepval Wood in France.
Values
The Somme Association occupies a unKiue posrlion, in which it has the respect and support of the full
range ol organisalions and political parties representing communities from across the islarKI of Ireland.
As a result. it is able to make a significant contribution towards building a united and shared community
in line with Northern Ireland Executive aims and priorities. The Association achieves this through
promoling a faclual and balanced analysis of the evenls surrounding ihe First World War. in order to
educale all sections of our community in our shared history - a history which cannot be claimed by any
one group to the exclusion of olhers.
The whole community of Northem Ireland will beneftl through the development of a common
understanding of the commitment and sacrrfices made by peoples from a Nationalisi and Unionist
background as they stood and fought together on the Weslern Front during the First Worfd War.
Although the story of the Firsl World War is often told through the military and regimental museums in
Ireland. Ihe Somme Museum prowdes a shared space where people from various backgrounds can
come to learn more at)out family members arKI the bmder history of the war including the social and
political conditions that prevailed at home.
Through its professionai approach in researchirvJ the history of the First World War. the Somme
Association is committed lo addressing Ihe need for a shared community set out by the Northem
Ireland Executive and works closely with and supports the educalion sector in develwng material lo
support the schools, curriculum requirements.
Our Key Alms
Our key aims are as follows:
- To strengthen our cross-community StarKJing. and knowledge of our shared heritage:
- To improve Cross-border relationships;
- To build on our educationloutreach facilities and programmes part￿ularlY towards youth.
To develop our exhibition areas to prowde greater public access lo malerial held by the Museum;
arKI,
- To improve our collections and collections management procedures.
Publlc Beneflt Statement
The Somme Association is satisfied that it adheres to the public beneftt test sel out by the Charities
Commission for Northem Ireland due to the objectives and activrties il provides.

The Somme Association
Company Llmlted by Guarantee
Trustees. Annual Report {Incorporatlng the Dlrector's Report) {contlnu•d)
Year ended 31 March 2025
Strateglc rnport
The following sections for achievements and pertormance and financial review form the strategic
report of th6 charity.
Achlov•ments and porfomiance
u1stoL￿￿. The Ulster Memorial Tower at Thiepval, France, has had another successful
year. Our key staff. supported by a surge capactty from the Somme Museum. have proved popular and
visilor numbers have again increased. Leger Battlefield Tours are regular visitors and the experience
has continued lo recelve 5 star ratings on social media sites.
Q[alga￿￿' Cragavon House featured by name in the political agreement 'New Decade New
Approach,. Ettorts have continued throughout the year to find a suitable buyer and use for the prop8rty
and encouraging signs are on the horizon. The Direclor has continued to offer bespoke tours of
Craigavon House to Interested established groups. .
The Museum has been fortunate to have had its fu￿lIng restored by ihe Department
for Communities, following a visit by the Minister in July 2024, and the Trustees are graleful for support
shown by local polrtical representatives. Although opening hours have again had to be curtailed, the
booking sysiem introduced last year has proved popular and visilor numbers have increased. As has
been the case for many years. school visits, from all sections of our communtty, continue to be our
core business. The Museum operates with two full-time and one part-time staff members and Is
fortunale lo have a number of experience and knowledgeable volunteers, who allow the guiding
system to function and provide logistical support. Although adding addilional pressure to her busy job,
the Director has continued to carry out successful evening oulreach presentations to Community and
Historical Groups throughout Northern Ireland. Many of the groups follow up the presentation with a
visit to the Museum.
During the year, several events and exhibitions have been held at Ihe Museum. In partnership with the
Ulster Scots Agency. the Museum held an exhibition 'Ulsterfs VC Heroes of the Greal Wal, which
opened on 17th April 2024. In Oclober 2024. Ihe Museum opened an exhibition entitled ' Father
Browne's War Through the Lens - a Jesuit Chaplain with the Irlsh Guards,. Father Francis Browne took
pholographs throughout WWI.
The Annual 'Christmas in the Trenches,. over three days prtor to Christmas, quickly sold out and has
ag&n proved very popular.
The Association was successful in its application to the National Lottery Heritage Fund for funding a
managemenl consullancy study inlo fulure possitx'lities for the Museum. The contracl was awarded to
Take the Current. a company experienced in museum studies. The consultancy began in May 2024
and covers governance. suslainability and an assessment of site. location and key facilities. It is
expeaed io report in late 2025
The Chairman and Director have continued to meet with Ards & North Down
Borough Council regarding the development of Whitespots Country Park and possible development of
a new galeway centre for the site.

The Somme Association
Company Limited by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Reporl) (contlnu•d)
Year ended 31 March 2025
Flnanclal revlew
The Somme Association has continued to operate in challenging financial circumstances, although,
with increased granl funding and careful financial managemenl, Ihe oulcomes over the year have been
better than recent years. The Board of Trustees are graleful for the financial support from the
Department for Communities and Ards and North Down Borough Council which allovts the Museum to
function while awaiting the OLrtcome of the ongoing consultation into future development possibililies.
The Department of Finance has continued to fund the Association, as cust(Klian of the Ulster Memorial
Tower at Thiepval.
The Association has been successful in applications to support the excellent outreach activities carried
out by Ihe Director.
Efforts have continued to engage Ihe French tax authorities on the Association's liability to VAT wilh no
conclusive oulcome, as yet. The Association has conlinued in its efforts to transfer Craigavon House
into suilable hands and there are encouraging signs that a solution may emerge - such a transfer
would ease the Association's financial burdens.
Plans for future perlod8
Somme Association has been in discussion with Ihe Department of Finance regarding potential
refurbishment and enhancement of Ihe Ulster Memorial Tower Visitor Cenlre at Thiepval and it is likely
Ihal the project will be taken forrfiard in the year 2026127. The Association has been working with our
consultants, 'Take the Currenl,, and Ards and North Down Borough Council to develop proposals that
will allow the Museum and Whitespots Country Park to flourish in partnership. The final consultant's
report is is due in January 2026. The Associalion has been wothing with the Northern Ireland Office.
The Somme Nursing Home and polrtical representatives to find a suilable future use of Craigavon
House and the signs are encouraging.
Tru8tee8' re8ponslbllltlu slalement
The truslees, who are also direclors for the wrposes of company law, are responsible for preparing
the truslees, report and the financial statemenls in accordance wilh applicable law and United Kingdom
Accounting Standards Iunitgd Kingdom Generally Accepted Accounling Practice).
Company law requires the charity trustees to prepare financial slatements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources. including the income and expenditure, for that period.

The Somme Association
Company Llmited by Guarantee
Trustees. Annual Report (Incorporatlng the Director's Report) (￿ntInued)
Year ended 31 March 2025
In preparing these financial statements, Ihe trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the applicable Charities SORP.
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial stalements.
prepare the financial statements on the going concern basis unless it is inappropriate lo presume
thal the charity will continue in business.
The truslees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitvs transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the linancial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charity and hence
for taking reasonable steps for the prevention and detection of fraud and olher irregularities.
Audltor
Each ot the persons who is a truslee al the dale of approval of this report confirms that:
so far as they are aware. there is no relevant audit information of which the charity's auditor is
unaware. and
they have taken all steps Ihat Ihey ought lo have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's audilor is aware of that
information.
The trustees, annual report and the stralegic report were approved on 18 December 2025 and signed
on behall of the board of trustees by:
Mr A McFarland
Trustee
Mr L Cree
Trustee

The Somme Association
Company Llmlted by Guarantee
Independent Audltorfs Report to the Members of The Somme Assoclatlon
Year ended 31 March 2025
Quallfled oplnlon
We have audited the financial statements of The Somme Associalion {the 'charitl) for the year ended
31 March 2025 which comprise the statement of financial activities (including income and expenditure
account). stalement of financial posilion, stalement of cash flows and the related notes, including a
summary of significanl accounting policies. The financial reporting framework that has been applied in
Iheir preparation is applicable law and Uniled Kingdom Accounting Standards, including FRS 102 The
Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally
Accepted Accounling Practlce), and the Statement of Recommended Practice ISORP) applicable to
charities.
In OL5r opinion, except for the possible effects of the matter described in the basis for qualified opinion
section of our report, the financial statements:
give a true and fair vlew of the state of the charity's affairs as at 31 March 2025 and of its incomlng
resources and applicalion of resources. including its Income and expenditure. for the year Ihen ended,.
have been properly prepared in accordance wllh United Kingdom Generally Accepted Accounting
Practice.,
have been prepared in accordance with the requirements of the Companies Act 2006.
Bas18 lor quallflod oplnlon
The Association has historically regarded trade at the Ulster Tower visitor's centre, situated al Thiepval
{France), as exempt from 'Taxe sur la Valeur Ajoulée, or TVA (French VATI. Legal advice received on
this matter suggesled that revenue generated on certain ilems is iypically subject lo French VAT, and -
unless exemption from filing is available - VAT must be accounled for on sales, and returns filed from
the rnonlh the threshold is breached. The advice did not confirm that an exemption was applicable,
and it suggests that as th8 French tax authorities are unaware of vatable activity at the Ulster Tower,
the Association is al risk of refusal lo the French VAT exemption regime which would have applied up
10 2018 land subsequently through to 2024). The Association, il stales, must apply io the French lax
aulhorities for VAT regislralion, providing an explanation of the situation, draft VAT relurns. and
applications lor Ihe necessary VAT exemptions where possible.
In response, the Association filed the necessary VAT returns for 2017 to 2019, by email, on 24th
March 2020, bul they are yel to receive a response from the French governmenl departments of their
submission. This gives ris8 to a limitation of scope, as the Association remains unable lo demonstrably
confirm their level of exempiion from VAT Ibelween 2016 and 2025 inclusiv81, and lo accurately
quantify the amount ol VAT which will become due {note thal, to any liability calculated, a penalty of
100/0 will be applied plus late inlerestl.
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS {UKII and
applicable law. Our responsibilities under those slandards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charty in accordance with the ethical requirements that are relevant to our audit of the financial
stalements in the UK, including the FRC'S Elhical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
oblained is sufficient and appropriale lo provide a basis for our qualified opinion.

The Somme AssociatFon
Company Llmlted by Guarantee
Independent Audltor's Report to the Members of The Somme Assoclatlon
(contlnu•dJ
Year ended 31 March 2025
Materlal uncertalnty related io golng concern
In forming our qualified opinion, we have considered Ihe adequacy of the disclosure made in note 3 of
the financial stat8meniS concerning The Somme Association's abilily to continue as a going concern.
The statement of linancial activity {SOFAI shows that the Association suffered a financial loss in the
year ended 31 March 2025 of £52.34512024: £58,242).
The lourism and not for profit sectors continua to face uncertainty. In recognition of this, the Board has
persisted in its support of a full financial and operalional review of the company. However. given the
limited resources available and the continued sporadic nature and timing of income, any fO￿ard facing
informalion presenled was nol substantively auditable. It is also noieworthy that long standing issues
which may aff8Ct the viability of the Association in Ihe short lo medium lerm, such as the sale of
Craigavon Hous8, increasing sums owed to HM Rev8nue and Customs in respect of PAYE and
National Insurance Contributions arrears and Ihe VAT slatus of Ihe Ulsler Tower in France also linger.
Accordingly, we agr8e with Ihe Board that an underlytng materlal uncertainty exisis whSch may cast
significant doubt with regard to Ihe Association's ability to continue as a going concern, given the
sporadic liming and quantum ol government grants to cover core funding., and, the indefinite nature of
voluntary donations, sizeable or otherwise. Our opinion is not modified in respect of this matter.
Other Informallon
The other informaiion comprises the information included in the annual report, other than the flnanclal
statements and our auditor's report Ihereon. The trustees are responsible for the olher information.
Our opinion on the financial statements does not cover the other information and, except lo the extent
otherlvise explicitly staled in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial slatemenls, our responslbiliiy Is to read the other
informatlon and, In doing so, consider whether the olher information is malerially inconsistenl with the
financial slatements or our knowledge obtained in the audit or otherwise appears lo be materially
mlsstated. If we identify such material inconsistencies or apparent materlal misstatements, we are
required lo determine whelher there is a material misslatemenl in the financial stalemenls or a
material misstatement of the other information. If. based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required lo report thal fact.
We have nothing io report in this regard.
Oplnlons on Oihor matler8 pre8crlbed by the Companles Aci 2006
In our opinion, based on the work undertaken in Ihe course of the audit..
the informalion given in the trustees, report for Ihe financial year for which the financial
statements are prepared is consistent wilh Ihe financial slatements. and
the trustees. report has been prepared in accordance wilh applicable legal requirements.

The Somme Association
Company Llmited by Guarantee
Independent Audltor's Report to the Members of The Somme Association
(eonrfnued)
Year ended 31 March 2025
Matters on whlch we ar• requlred to report by excepllon
In light of the kno￿edge and understanding of the company and its environment obtained during the
course of the audil. we have not identified material misstatements in the trustees, annual report
(incorporating the directors, report).
Except for the rnatter described In the basis for qualified opinion section of our report as described
above, solely of the limitalion on our work:
relating specifically to the tax status of the Ulster Memorial Tower visilor centre In France, we have
not oblained all the information and explanations that we considered necessary for the purpose of our
audil,. and
relating specilically lo the lax status of the Ulsler Memorial Tower visitor cenlre in France, we were
unable to delermine whether adequate accounting records had been kept.
Wa have nothing to report in respect of the followng matters where th8 Companies Act 2006 requires
us to report to you if, in our opinion:
relurns adequate for our audlt have not been received Irom branches noi visited by us. or
the financial statements are not In agreement with Ihe accounting records and the returns; or
certain disclosures of directors remuneration specified by law are not made. and
the dlrectors were not entitled io prepare the financial slatements in accordance wilh the small
companies regime and take advantage of the small companies exemption in preparing the directors
reports and take advanlage ol Ihe small companies exemption from the requirement to prepare a
slralegic report.
Re8pon8lbllllles of trustees
As explained more fully in the truslees, responsibilities statemenl, the truslees (who are also the
direclors for the purposes of company lawl are responsible for the preparalion of the financial
slatements and for being satisfied that they give a true and fair view, and for such internal control as
the truslees determine is necessary to enable the preparation of financial statemenls that are free from
matedal misstatement, whether due lo fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charily's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using Ihe
going concern basis of accounting unless the trustees either intend to liquidate the charily or to cease
operations. or have no realistic alternative but to do so.
10

The Somme Association
Company Limlted by Guarantee
Independent Audltor's Report to the Members of The Somme Associatlon
(¢onllnued)
Year ended 31 March 2025
Audltor's responslbllllle3 for the audtt of Ihe flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from materiai misstatement, whether due to fraud or error. and to issue an auditor's report Ihat
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that
an audit conducted in accordance wth ISAS (UK) V￿[1 a￿ayS detect a material misstatement when it
exists. Misslatements can arise from fraud or error and are considered material if, individually or in the
aggregale, Ihey could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularilies. including fraud. are instances of non-cornplian￿ Imth lavts and regulations. We design
procedures in line y￿th our responsibilities. outlined above, to detect material misstatements in respect
of irregularilies. including fraud. The extent to which our procedures are capable of detecting
irregularities. including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of
irregularities, including fraud and non<ompliance with laws and regulatTrons. was as follows:
the engagement partner ensured that the engagement team collectively had the aFpropriate
competence, capabilities and skills to identity or recognise non-compliance with applicable lay￿ and
regulations-
- we identified Ihe laws and regulations applicable to the charity through discussions with trustees and
other management,. owe assessed the extent of compliance with the laws and regulations identified
above through making enquiries of management and inspecting legai corresp)ndence,' and
identified laws and regulalions were communicated within the audit team regularly and the team
remained alert to instances of non-compliance throughout the audil.
We assessed the susceplibility of Ihe charitys financial statements to material misstatement, inrjuding
obtaining an understanding of how fraud mvjht occur. by:
making enquiries of managemenl as to where Ihey considered there was susceptibilty to fraud. their
knowledge ol actual, suspected and alleged fraud., and
considering the internal controls in place to miligate tisks of fraud and non-complian￿ with la￿￿ and
regulations.
To address Ihe risk of fraud through management bias and override of controls, we:
- performed anayticai procedures to identify any unusual or unexpected relationships.
- tested journal entries to identify unusuai transactions: and
assessed whether judgements and assumptions made in determining ihe accounting estimates set
out in note 3 were indicative of potentiai bias.
In response to the risk of irregulartties and non-cOm￿lance with laws and regulations, we designed
procedures which included. Ixrt were not limiled to:
- agreeing financial statement disclosures to underlwng supporting documentation;
- reading the minutes of meetings ol those charged %*ith govefflance. and
11

The Somme Association
Company Limited by Guarantee
Independent Auditorfs Report to the Members of The Somme Associalion
(¢onllnu•d)
Year ended 31 March 2025
- enquiring of management as to actual and p)tential litigation and daims.
There are inherent limitations in our audit procedures described above. The more removed that laws
and regulations are from financial transactions. Ihe less likely it is that we would become aware of non-
compliance. Auditing standards also limit the audit procedures required to identify non-compliance wth
laws and regulations to enquiry of the trustees arKI other managemenl and the inspection of regulatory
and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error
as they may involve deliberale concealment or collusion.
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepticism throughout the audtt. We also:
Identity and assess the risks of material misstalemenl of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks. and obtain audit
evidence that is sulficienl and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resuhing from fraud is higher than for one resulting from error,
as fraud may involve collusion. forgery. intentional omissions, misrepresentations, or the override
of internal control.
Obtain an underslanding of inlernai control relevant lo the audit in order to design audit
procedures that are appropriale in Ihe circumstances. but not for the purpose of expressing an
opinion on the effectiveness of Ihe internal control.
Evaluate Ihe approprialeness of accounting policies used and the reasonableness of accounting
eslimales and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting
and, based on the audit evidence oblained, whether a material uncertainty exists relaled to
events or conditions Ihat may casl signrficant doubl on the charills ability to continue as a going
concern. If we conclude that a material uncertainty exists, ¥￿ are required to draw attention in our
audilor's report lo the related disclosures in Ihe financial statements or. rf such disclosures are
inadequate. to modify our opinion. Our conclusions are based on the audil eV￿ence obtained up
to the date of our auditor's report. However. future events or conditions may cause the charity io
cease to continue as a going concem.
Evaluate the overail presentation. structure and content of the financial statements, including the
disclosures. arKI whether the financial statements represent Ihe underfying transactions and
events in a manner that achieves fair presentatson.
12

The Somme Association
Company Llmited by Guarantee
Independent Auditorfs Report to the Members of The Somme Assoclatlon
(conllnued)
Year ended 31 March 2025
We Communicate with those charged with govemance regarding. among other matters, the planned
scope and timing of the audit and signrficant audit findings, including any significant deficiencies in
inlernal control that we identity during our audrt.
Use of our report
This report is made solely to the charitys members, as a body, in accordance wtth Chapler 3 of Part 16
of Ihe Companies Act 2006. Our audit work has been undertaken so that we might state to the charitys
members those matters bve are required lo state to them in an audito¢s report and lor no other
purwse. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone
other than the charity and the charitys members as a body. for our audit work. for this report, or for the
opinions we have formed.
Jo
gee {Se
or Statutory Auditor)
For and
of
Aubrey Campbell & Company
Chartered accountants & statutory auditor
631 knsburn Fload
Belfast
BT9 7GT
18 December 2025
13

The Somme Association
Company Llmited by Guarantee
Stalement of Flnancial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Restricted
funds Toial funds Total funds
2024
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Charilable activities
Other Irading activities
Investment income
Other income
65,454
70,668
27,907
136,122
27,907
90,910
93,181
22,485
98,697
750
1,500
216,613
90,910
1,500
100,075
1,500
256,439
Total Income
156,364
Expendlture
Expenditure on raising funds-
Cosls of other trading activities
Expenditure on charitable activities
Total exp8ndllur8
10
11,12
33,323
106,024
139,347
33,323
275,461
308,784
26,267
248,588
274,855
169,437
169,437
Net expendlture and net movemenl In
funds
17,017
(69.362)
(52,3451
(58,242)
Reconciliation of funds
Total funds broughl forward
Tolal funds carrled forward
(316,180)
1299.163)
808,435
739,073
492,255
439.910
550.497
492,255
The statement of financial aclivilies includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
Tho notes on pages 17 to 31 tomi part ol these Ilnanclal statements.
14

The Somme Association
Company Limited by Guarantee
Statement of Flnanclal Position
31 March 2025
2025
2024
Note
Flxed a&8els
Tangible lixed assets
18
790,265
826.731
Current assets
Stocks
Deblors
Cash at bank and in hand
19
20
10,518
20,827
11,097
42,442
6,006
27.050
13,174
46.230
Credllors: amounts falllng due withln one year
Net current Ilabllllles
392,797
350.355
439.910
380,706
334.476
Tolal assets l&ss current Ilabllllles
492.255
Net assels
439,910
492.255
Funds of the charlty
Restricted funds
Unrestricled funds
739.073
808,435
{299.163} (316.180)
439,910
492.255
Toial charfty fund8
24
These financial statements were approved by the board of trustees and authorised for issue on 18
December 2025, and are signed on behalf of the board by:,
QL
Mr A McFarlarKI
Trustee
Mr L Cree
Trustee
The notes on pages 17 to 31 form part ot Iheso Ilnanclal statements.
15

The Somme Association
Company Llmlted by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Note
Cash flows from operatlng aclivities
Net expenditure
{52,3451
{58,2421
Adjustments lor..
Depreciation of tangible fixed assets
Other interest receivable and similar income
Accrued expenses
38,463
38,066
{750)
1,534
4.846
Changes in."
Slocks
Trade and other debtors
Trade and other creditors
{4,512)
6.223
7,830
505
1.240
(13,9001
15,113
Cash generated from operations
(16.939)
Interest received
750
Net cash froml{used in) operating actiwties
505
(16,189)
Cash flows from Investlng actlvilles
Purchase of tangible assets
Net cash used in investing activities
(1.9971
(1,997)
(6,179}
(6.179)
Net decrease in cash and cash equlvalents
Cash and cash equivalents al beginning of year
Cash and cash equivalents al end of year
{1,492)
(9.799)
(11.291)
(22,368)
12,569
21
19.799)
The notes on pages 17 to 31 fomi part ol Ihese flnanclal gtstements.
16

The Somme Association
Company Llmlted by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General Informatlon
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered off ice
is 233 Bangor Road, Newtownards, Co. Down, BT23 7PH.
Stalement of Compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in Ihe UK and the Republic of Ireland., Ihe Slatement of
Recommended Praclice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accountlng pollcles
Bas18 of preparallon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the funciional currency of the entity.
17

The Somme Association
Company Limited by Guarantee
Notes to the Financial Statements (contlnuad)
Year ended 31 March 2025
Accounllng pollcles (contlnuad)
Golng concern
In preparing the financial statements. the trustees have considered the continued support of
funding organisations. financiers and credilors.
During the year ended 31 March 2025, the Association relurned a deficit of £52,345 {2024:
£58,242 deficil)-
The profits generated in France continue to be of great importance, hence the Ulster Tower
{Thiepvall. manned by volunteers, was open to visitors for the full season in 2025. The museum
in Newtownards was opened on a part time basis and for prebooked group bookings. Grant
income was received throughout the period, although the liming of payments remains an issue.
As far regards other opportunities lo generate cash, the property owned locally by the Association
is slill for sale. Conversely, sums owed lo HM Revenue and Customs with regard to PAYE have
increased, and confirmation of the Association's VAT status in France remains outstanding.
The Trustees are confident thal the improvement exhibiled Ihis year, albeit small. will gather pace
into the 2025126 year and beyond. They acknowledge Iheir responsibility to manage the situation,
and to make sound and sensible decisions regarding the viability of the operation at home and
abroad. Accordingly. a grant funded financial and operational review is ongoing, but has yet to
conclude.
The Association continues to rely on the support of the bank and olher third parties to whom it
remains indebted. The current economic trading conditions and resultanl lack of certainty
regarding cash inflows suggest thal a material uncertainty exists which casts significant doubl
upon the Association's ability lo conlinue as a going concern. However, as al the date of approval
of the financial slatements, we are not aware of any conditions Ihat exist which may result in the
wilhdrawal of support in the next 12 months by any known creditor. The Trustees therefore have
a reasonable expectation Ihat Ihe Somme Association has adequate resources to continue in
operational existence for the foreseeable future. For these reasons, they consider thal the
preparation of the financial stalements on a going concern basis is appropriate, and the financial
staiements do not conlain any adjustments thal would result if bank or credit facililies were
withdrawn or future funding or finance became unavailable.
18

The Somme Association
Company Limlted by Guarantee
Notes to the Flnancial Statements (contlnuadj
Year ended 31 March 2025
Accountlng poll¢les (Mntlnuod)
Judgements and key sources of estlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These eslimates 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. Consequently. actual
results may difier from these estimates.
The key judgements and estimates that management has made in the process of applying the
entIt￿S accounting policies and that have the most significant effect on the amounts recognised in
the financial statements are as follows:
Depreciation
The companys statement of financial position reflects a tangible fixed asset class which is
subjecl to depreciation. Depreciation rales are based upon the expected economic lives of Ihe
related tangible fixed assets. Any variation in the useful economic lives of the asset class will
hav8 an impact on the balance sheet and financial position of the company. The useful economic
lives of langible tixed assets are uncertain and. therefore, the actual economic life of an asset
may be shorter or longer than expected. There have been no significant revisions to the
estimaled lives during the current financial year.
Forelgn currencles
Foreign currency transactions are initially recorded in the functional currency, by applying the spot
exchange rate as at the date of the Iransaction. Monetary assets and liabilities denominated in
foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains
or losses being iaken to the statement of financial activities.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charitls purposes.
Designated funds are unrestricted tunds earmarked by the trustees for particular future project or
commitment.
Restricled funds are subjected lo restrictions on their expenditure declared by the donor or
through the lerms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.
19

The Somme Association
Company Limited by Guarantee
Notes to the Financial Ststements (contlnu8d)
Year ended 31 March 2025
Accountlng pollcles (¢ontlnu8d)
Incomlng resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity,. it is probable thal the economic benefils associated with the Iransaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipl is probable and enlitlement is established.
income from donated goods is measured at the fair value of Ihe goods unless this is
impractical to measure reliably, 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 if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for Ihe supply of services is recognised wilh Ihe delivery of the
contracted service. This is classilied as unrestricled funds unless there is a contractual
requirement for it lo be spenl on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities lo which il relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charilable trading activilies, and the sale of donated goods.
expendilure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefil of its beneficiaries, including those
support cosls and cosls relating to the governance of the charity apportioned lo charttable
activities.
other exp8nditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls
attributable to a single activity are allocated directly to that actiwty. Shared costs are apportioned
between the activities they contribute lo on a reasonable. justifiable and consistent basis.
20

The Somme Association
Company Llmlted by Guarantee
Notes to the Financlal Ststements (conllnuod)
Year ended 31 March 2025
Accountlng pollcles (contln(K
Inlanglble a&8ets
Intangible assets are initially recorded at cost, and are subsequently stated al cost less any
accumulated amortisation and impairment losses. Any intangible assets carried at revalued
amounts. are recorded at the fair value at the date of revaluation. as determined by reference to
an active market, less any subsequent accumulated amortisation arKI subsequent accumulated
impairment losses.
Intangible assets acquired as part of a business combination are only recognised separately from
goodwill when Ihey arise from contractual or other legal rights. are separable. the expeaed future
economic benefits are probable and Ihe cost or value can be measured reliably.
Amortlsatlon
Amortisation is calculated so as lo write off the cost of an asset, less its estimated residual value,
over the useful lrfe of that assel as follows:
Copyright
10% slraght line
If there is an indication that Ihere has been a significant change in amortisation rate, useful lrfe or
residuai value of an intangible asset. the amorbsation is revised prospectively to reflect the new
estimates.
Tanglble assets
Tangible assets are initially recorded at cost. and subsequently stated at cost less any
accumulated depreciation and imparment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the dale of revaluation less any subsequent
accumulaled depreciation and subsequent accumulated impaiment losses.
An increase in the carrying amount of an asset as a result of a revduation, is recognised in other
recognised gans arKI losses, unless it reverses a charge for imparmenl that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a resuft of revaluation, is recognised in other recognised gains and losses,
except to vthich it offsets any prewous revaiuation g&n. in which case the loss is shown wthin
other recognised gains and losses on the statement of financid activities.
Heritage assets measured under the cost model are recognised initially recorded at acquisition
cosl, and subsequently stated at cost less any accumulated depreciation and impairmenl losses.
Heritage assets measured under the revaluation model are recorded at fair value less any
accumulated impairment losses.
Where information on the cost or value of an asset is not available and cannot be oblained at a
cost which is commensurate wtth the beneftts to users of the finanaal statements. the asset shall
not be recognised in the statement of financiai position.
21

The Somme Association
Company Llmited by Guarantee
Notes to the Financial Statements fcontlnued)
Year ended 31 March 2025
Accountlng pollcles (Mntlnued)
Depreciatlon
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic lrfe of that asset as follows:
Land arKI buildings
Baxter Hul
Fixtures and fittings
Molor vehicles
Thiepval Wood
/0 Straight line
3 % slraight line
20 % slraight line
20 /0 slraight line
/0 slraight line
Impaiment of flxed ap•sels
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where Ihe carrwng value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impaimients are also reviewed for
possible reversal at each reporting dale.
For the purposes of irnpairment testing, when it is not possible to estimate the recoverable
amount of an indiwdual asset, an estimate is made of the recOVera￿e amount of the cash-
generating unit to which the assel belongs. The Cash￿enerating unit is the smallest identifiable
group of assets that includes Ihe asset and generates cash infloV￿ that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodbwll acquired in a business combinalion is, from the
acquisition date, allocaled to each of the Cash￿enerating units that are expected to benefil from
the synergies of the combination. irrespe￿1Ve of whether olher assets or liabilities of the charity
are assigned lo those units.
Stocks
Stocks are measured at the lower of cost and eslimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
Financlal Instrumenls
A financial asset or a financial liability is reccgnised only when the charity becomes a party to the
conlractual provisions of the instrumenl.
Basic financial instruments are initidly recognised al the amount receivable or payable including
any related transaclion costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.

The Somme Association
Company Llmited by Guarantee
Notes to the Flnanclal Ststernents (conllnuod)
Year ended 31 March 2025
Accounllng pollcles {conllnu8d)
Flnanclal Instruments (coniinuod)
Where investments in shares are publicly traded or their fair value can othetwise be measured
reliably. the investment is subsequently measured al fair value ￿￿th changes in fair value
recognised in income and expenditure. Al olher such investments are subsequently measured at
cost less impairment.
Other tinancial instruments. including derivatives. are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at Ihe Present vaiue of the future
payments discounted at a markel rate of interest for a similar debl instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relalionship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at Ihe end of each reKK)rting dale. If there is objective evidence of impairmenl. an
impairment loss is recognised under the appropriate heading in the slatement of financial
activities in which Ihe inttial gain was recognised.
For all equity inslruments regardless of signrficance, and other financial assets that are
individually significant, these are assessed individuaily for imparment. Other financial assets are
either assessed individually or grouped on the basis of similar credrt risk characterislics.
Any reversals of impairment are recognised immediately. lo the extent Ihat the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not premously been recc#3nised.
Deflned conlrlbutlon plans
Contributions to defined contribLrtion plans are recognised as an expense in the period in which
the related service is prowded. Prepad contritxrtions are recognised as an asset lo the extent
that the prepayment will lead to a reduction in fulure payThenls or a cash refund.
When conlributions are nol expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounled present value basis. The unwinding of the discount is recognised as an expense in
the period in which rt arises.
Llmlled by guarantee
The charity is a company limiled by guarantee, nol having a share capital and is registered in
Northern Ireland. The liability of members is limtted to £10.

The Somme Association
Company Llmited by Guarantee
Notes to the Flnanclal Statements (¢ontlnu6d)
Year ended 31 March 2025
Donallons and legacle8
Unreslricted
Funds
Fleslricted Toial Funds
Funds
2025
Donatlons
Membership subscriptions
Donations
12,163
43,291
12.163
43,291
Grants
Dpt for Communities grants
TBUC grants
DFP grants
Ards and NDBC grants
29,000
(5,332)
47,000
29,000
15,3321
47,000
10,000
136,122
10,000
65,454
70,668
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donallons
Membership subscriptions
Donations
13,052
23,129
13,052
23,129
Grants
Dpt for Communilies grants
TBUC grants
DFP grants
Ards and NDBC grants
47,000
47.000
10,000
10,000
46,181
47,000
93,181
Charltable aciivltles
Restricted Total Funds
Funds
2025
Reslricled Total Funds
Funds
2024
Sale of goodslservices as part of direcl
charttable activities
27,907
27,907
22.485
22.485
24

The Somme Association
Company Llmlted by Guarantee
Notes to the Financlal Statements (conllnu•d)
Year ended 31 March 2025
Other tradlng actlvltles
Unrestricted Totsi Funds Unreslricted Totaj Funds
Funds
2025
Funds
2024
Shop sales
Cafe sales
Hunt income
Thiepval Wood sales
Evenl Income
6,580
69.482
3,195
11,573
80
6,580
69,482
3.195
11.573
80
12,975
58,170
3,289
24,183
80
12,975
58,170
3,289
24,183
80
90,910
,910
98.697
98,697
Investment In¢ome
Unrestricted Toial Funds Unrestricled Total Funds
Funds
2025
Funds
2024
Bank interest receivable
750
750
Other Income
Restricted Tolal Funds
Funds
2025
Restricted Total Funds
Funds
2024
GOLI income
1.500
1,500
1,500
10. Costs of other tradlng actlvilles
Unrestricled Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Costs of other trading activities - Shop
and cafe costs
33.323
33,323
26.267
26,267

The Somme Association
Company Llmlted by Guarantee
Notes to the Financial Statements (con1lnu￿j
Year ended 31 March 2025
11. Expendilure on charltable activities by fund type
Unrestricted
Funds
Restricled Total Funds
Funds
2025
Headquarters
Ulster Tower
Somme Museum
Support costs
9,453
36,945
45,894
13,732
9.453
80,751
130,491
54,766
43,808
84,596
41,033
169,437
106.024
275.461
Unrestricted
Funds
Restricted Total Funds
FurKIs
2024
Headquarters
Ulster Tower
Somme Museum
Support costs
11,784
33,366
79,493
14,895
139.538
11,786
76,628
109,478
50,696
43.262
29,987
35,801
109.050
248,588
12. Expendlture on charltable activities by activity type
Activtties
undertaken
direclly Support costs
Toial funds
2025
Total fund
2024
Headquarters
Ulster Tower
Somme Museum
Governance costs
9,453
80,751
130.491
9,453
80,751
130,491
54,766
275,461
11,786
76,628
109,478
50,696
54.766
54,766
220,695
248.588
13. Net expendfture
Nel expenditure is stated after Chargin￿(cred[ling).
2025
2024
Depreciation of tangible fixed assets
Foreign exchange drfterences
38,463
2,219
38,066
2.731
26

The Somme Association
Company Limlted by Guarantee
Notes to the Flnanclal Statements (contlnued)
Year ended 31 March 2025
14. Audiiors remunerallon
2025
2024
Fees payable for the audit of Ihe financial statements
8,302
8,122
Fees payable to the charitls auditor and its associates for other services.,
Other non-audit setvices
8,001
2,708
15. Slaff costs
The tolal Siaff costs and employee benefils for the reporting period are analysed as follows:
2025
2024
Wages and salaries
Employer contributions lo pension plans
110,755
2,364
113,119
110,203
2,469
112,672
The average head count of employees during the year was 4 {2024: 4). The average number of
full-time equivalent employees during the year is analysed as follows:
2025
No.
2024
No.
Somme Museum
Ulster Tower
No employee received employee beneftts of more than £60.000 during the year (2024.. Nill.
16. Trustee remuneratlon and expenses
No remuneration or other benefits from employment with the charity or a related entty were
received by the truslees during the year.
17. Intanglble assets
Copyrtghl
Cosl
At 1 Aprll 2024 and 31 March 2025
Amortlsailon
At 1 Aprfl 2024 and 31 March 2025
Carrying amount
Al 31 March 2025
10.394
10,394
At 31 March 2024

The Somme Association
Company Limited by Guarantee
Notes to the Financlal Statements (contlnuod)
Year ended 31 March 2025
18. Tanglble flxed assets
Land and
buildings Baxter Hut
Fixtures and
littings
Motor
vehicles
Thiepval
Wood
Total
Cost
At 1 Apr 2024
Additions
1,292.120
49,268
475,232
1,997
477,229
18,798
415.840 2.251,258
1,997
At 31 Mar 2025
1,292.120
49,268
18,798
415,840 2,253,255
Depreciatlon
At 1 Apr 2024
Charge for Ihe
year
760,411
16,421
469,075
18,798
159,822 1.424.527
25,842
1 ,641
18,062
2,663
8,317
168,139 1.462,990
38,463
Al 31 Mar 2025
786,253
471,738
18,798
Carrylng amount
Al 31 Mar 2025
505,867
531,709
31,206
32,847
5,491
247,701
790,265
At 31 Mar 2024
6,157
256,018
826,731
The Somme Museum is located near the training ground of the 361h (Ulsler) Division, near
Newtownards. the museum examines Ireland's role in the Great War, hosts schools,
conferences, educational seminars, and exhibilions on more recent conflicts. The museum has
increasingly focused upon the community relations potential of our shared history as a vehicle to
developing mutual undersianding and reconcilialion. The museum was opened in 1994.
The Ulster Tower visitor's centre is located at the sile of Ihe Ulsler Tower, Thiepval, France. The
centre comprises an exhibition area, AV room, cafelshop with adjoining seating area and
cuslomer toilets and is a focus for thousands of visitors each year who come to visil Ihe Ulster
Tower and Thiepval Wood.
Craigavon House and Thiepval Wood are regarded as being heritage assets. Further details can
be found in note 3 of the financial statements.
During the year ended March 2013 the charity was gifted two Baxter Huts by the Ministry of
Defence. The huls were used variously throughout the 20th century as soldier's billels and for
housing internees. The huls are a unique part of local history and were without market value.
Due to the poor slate of repair of Ihe huts and the damage involved in the taking down of the
huts, one hut was constructed from the Iwo. The trustees are, therefore, of the opinion thal the
costs of obtaining a valuation for the original huts would be disproportionate in terms ol the
benefil derived. The costs incurred in Ihe construction ol the hut have been capitalised and are
being depreciated.
The trustees thank the Heritage Lottery Fund for their financial support of this project.
In 2004 the Somme Association received a grant from the Department of Arts, Culture and
Leisure towards the purchase of Thiepval Wood.
28

The Somme Association
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnued)
Year ended 31 March 2025
19. siock8
2025
2024
Raw materials and consumables
10,518
6,006
20. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Olher debtors
3,702
16.151
974
859
6,478
19,713
27,050
20,827
21. Cash and cash equlvalenls
Cash and cash equivaienls comprise the following..
2025
2024
Cash at bank and in hand
Bank overdrafts
11.097
122,388)
{11,2911
13,174
(22,973)
(9,7991
22. Credltors". amounts falllng due withln one year
2025
2024
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Social security and olher taxes
Other creditors
22,388
11,438
29,639
118,914
210,418
392,797
22,973
8,799
24,793
98.480
225,661
380,706
Bank loans as detailed above includes bank loans and overdrafts.
The bank overdrafts of £22,38812024'. £22,973) disclosed under creditors falling due within one
year are secured by Ihe company.
First Trust Bank holds a legal mortgagelcharge over Craigavon House as security against
borrowings.

The Somme Association
Company Limited by Guarantee
Notes to the Financial Statements (￿ntInued)
Year ended 31 March 2025
23. Penslons and other posi retlrement beneflts
Deflned conlrlbution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £2,36412024.' £2,469).
24. Analysls of charitable funds
Unrestrlcted funds
At
31 March 202
At
l April 2024
Income Expenditure
General funds
1316,1801
156,364
1139,3471 (299,1631
Al
31 March 202
At
1 April 2023
Income Expenditure
General funds
{296,0031
145,628
{165,805) (316,1801
Restrlcted funds
At
31 Mar¢h 202
At
1 April 2024
Income Expenditure
Somme Association Restricled Fund
808,435
100,075
(169,437)
739,073
Al
31 March 202
At
1 April 2023
Income Expenditure
Somme Association Restricted Fund
846,500
70,985
1109,0501
808,435
30

The Somme Association
Company Llmited by Guarantee
Notes to the Flnancial Statements (contlnuod)
Year ended 31 March 2025
25. Analysls of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assels
Credttors less than 1 year
Net assets
5,494
784,771
790,265
(61.860)
104,302
42.442
(242.797) (150.000) (392,797)
1299,163)
739,073
439,910
Unrestricled
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Nel a8sels
6.157
820,574
826.731
(91.631)
137,861
46.230
(230,706) (150,000) (380.7061
{316,180)
808.435
492,255
26. Analysls of changes In net debl
At
At 1 Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
Bank overdrafts
13,174
(22.9731
(9.799)
(2,0771
585
11.097
(22,3881
111,291)
(1,492)
27. Conllngencles
A contingent liability exisls in respect of professional services prowded to the charity by Alastair
Coey archilects. To date, professional fees have nol been delivered to the Association for
payment, although Ihe truslees believe thal the value of the engagement can be reasonably
estimated to be in the region of £85.000 (the exact quantum has not been agreed). The trustees
do not expect payment of any amounl to be considered until agreement has been reached on the
validity of the work performed and the associaled costs. in addition to receipt of funds from the
sale of Craigavon House.
2& Related partles
The Association has a close relationship bvith Ards and North Down Borough Council, which
nominates 3 members of the Somme Museum Managemenl Committee and provides funding to
enable the Museum to carry out its charitable objecls. The Somme Museum received £10,000
12024: £10,000) in grant support and £2,52512024: £1.6711 membership subscriptions, Musuem
ticket sales and event income from Ards and North Down Borough Council in the year. At Ihe
balance sheet date £1.781 (2024: £nil) remained due to the Somme Museum.
31

The Somme Association
Company Llmited by Guarantee
Management Information
Year ended 31 March 2025
The followlng pages do noi form part of Ihe flnanclal statements.
32

The Somme Association
Company Limited by Guarantee
Detailed Ststement of Financlal Activities
Year ended 31 March 2025
2025
2024
Income and endowments
Donatlons and legacles
Membership subscripiions
Donations
Dpt for Communities grants
TBUC granls
DFP grants
Ards and NDBC grants
12,163
43.291
29,000
(5,332)
47,000
10.000
13,052
23,129
47.000
10,000
93,181
136.122
Charltable acllvllles
Sale of goodslservices as part of direct charitable aclivities
27.907
22,485
Other tradlng actlvlties
Shop sales
Cafe sales
Hunt income
Thiepval Wood sales
Event Income
6.580
69,482
3,195
11,573
80
12,975
58,170
3,289
24,183
80
90,910
98,697
Investment Income
Bank interest receivable
750
Other Income
GOLI income
1,500
Toial Income
256,439
216.613

The Somme Association
Company Llmlted by Guarantee
Detailed Statement of Financial Activities (ContInu￿)
Year ended 31 March 2025
2025
2024
Expendllure
Costs of other tradlng activilies
Opening stock
Purchases
Closing stock
6.006
37.835
10.518
7,246
25,027
6.006
33,323
26,267
Expenditure on charltsble activili
Wages and salaries
Pension costs
ghl and heat
Repairs and maintenance
Insurance
Other molorltravel costs
Legal and professional fees
Telephone
Other office costs
Depreciation
Foreign exchange gairvloss
Sundry expenses
Headquarters - Bank charges
Headquarters - Exhibition and event costs
110,755
2.364
10.394
8,704
20,551
25,216
39,299
4,476
2,583
38,463
2,219
2,515
4,339
3,583
110,203
2,469
13,444
11,139
21,656
21,339
12,630
5.078
4,011
38,066
2,731
945
3,536
1,341
275,461
248,588
Total expendlture
308,784
274,855
Net expendfture
(52,345)
(58,2421

The Somme Association
Company Llmlted by Guarantee
Notes to the Detslled Statement of Flnanclal Actlvltles
Year ended 31 March 2025
2025
2024
Costs of olher Iradlng actlvftles
Costs of olher Iradlng actlvltles - Shop and cafe costs
Shop and cafe costs - opening stock
Shop and cafe cosls - purchases
Shop and cafe cosls - closing stock
6,006
37.835
110.518)
33,323
7,246
25,027
(6,0061
26,267
Cosis of Other Iradlng acifvttks
33,323
26,267
35

The Somme Association
Company Llmlted by Guarantee
Notes to the Detailed Statement of Flnanclal Activities fcondnuod)
Year ended 31 March 2025
2025
2024
Expendlture on charltable actlvltles
Headquarters
Activities undertaken dlre¢tly
Headquarters - pension costs
Headquarters - repairs & maintenance
Headquarters - other motorltravel costs
Headquarters - lelephone
Headquarters - other office costs
Headquarters - sundry expenses
Headquarters - Bank charges
1,800
1.072
3.758
1,086
656
728
353
1,800
527
5,785
1,161
1.594
586
333
9,453
11,786
Ulster Tower
Activltles undertaken dlrectly
Ulster Tower - wages/salaries
Ulsler Tower light & heat
Ulster Tower - repairs & maintenance
Ulster Tower insurance
Ulster Tower other motorhravel costs
Ulster Tower - telephone
Ulster Tower - other office costs
Ulster Tower - foreign exchange gainlloss
Ulster Tower - sundry expenses
Ulster Tower bank charges
Ulster Tower - Exhibttion and event costs
42.306
249
3,285
3,867
21.260
1,730
1.424
2.219
938
832
2,641
41.762
1.873
6,504
4,312
15.542
1,712
1.054
2.731
546
592
80,751
76,628
Somme Museum
Activities undertaken dlreetly
Somme Museum - wageslsalaries
Somme Museum - pension costs
Somme Museum - light & heat
Somme Museum - repairs & maintenance
Somme Museum - insurance
Somme Museum - other motorltravel costs
Somme Museum - legal and professional fees
Somme Museum - telephone
Somme Museum - other office costs
Somme Museum - sundry expenses
Somme Museum - bank charges
Somme Museum - Exhibition and event costs
68.449
564
10,145
4,347
16,684
198
22.996
1,660
503
68,441
669
11,571
4,108
17,344
12
2,205
1,363
359
2,657
749
3,154
942
130.491
109,478
Governance costs

The Somme Association
Company Limlted by Guarantee
Notes to the Detailed Statement of Financial Activities (contlnu•d)
Year ended 31 March 2025
2025
2024
Governance costs - accountancy fees
Governance costs - audit fees
Governance COSIS - legal and other professional fees
Governance costs - depreciation
8,001
8,302
2,708
8,122
1,800
38,066
50,696
38,463
54.766
Expendlture on charltable actlvltles
275,461
248,588
37