Charity registration number 109121
Company registration number N1665739 (Northern Ireland)
AVSPNI
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

AVSPNI
LEGALAND ADMINISTRATIVE INFORMATION
Directors
Mr P Walsh
Mr M Watts
Mrs M Spahn-Holmes
Mr I Smith
Mr K Sheridan
Mr S O'Kane
Mr S Murray
Mr K McKeeman
Mrs P Hart
Mrcca
Mrs L Hamilton
Mr M Allison
Mr G Bell
Mr L Fitzsimons
Ms K Henderson
Mr C Mccrea
Ms S Menzies
Charity number
109121
Company number
N1665739
Principal addre55
6 Ross Green Lane
Kilgad Road
Kells
Ballymena
Co Antrim
BT42 3JA
Registered offlce
6 Ross Green Lane
Kilgad Road
Kells
Ballymena
Co Anlrim
BT42 3JA
Independent examiner
GMCG Lisbum
Century House
40 Crescent Business Park
Lisbum
BT28 2GN
Banker5
Danske Bank
Donegall Square West
Belfast
BT1 6JS

AVSPNI
CONTENTS
Page
Directors. report
Independent examinerfs report
Statement of financial activities
ststement of financial position
Notes to the financial statements
7-11

AVSPNI
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
The direclors present their annual report and financial statements for the year ended 31 August 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's Memorandum and Articles of Association. the Companies Act
2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)" (effective 1 January 20191-
Objectives and aGtivities
The charity's objects are specifically restricted to the promotion of the following purposes for the benefit of the
public:
The advancement of education by promoting, managing, co-ordinating. and developing a programme for
education of Veterinary Surgeons who are in practice in Northem Ireland or elsewhere:
The advancement of animal welfare by representing and advocating for Veterinary Surgeons and animals
in need of care and protection. and
The advancement of health or the saving of lives of veterinary practitioners in Norihem Ireland who are
suffering from, have suffered from or are at risk of mental or physical health problems for the benefit of the
public particulady by the dissemination of information and assistance within the veterinary profession.
There has been no change in the policies adopted in furtherance of these objects during the year.
The charity aims to fulfill it's objectives through the following:
the provision of training courses and advice and to publish or distribute in a suitable format-
to be a member of and co-operate with all such bodies, organisations and associations, whether within
Northern Ireland and United Kingdom or not, as may be thought fit by the directors;
to raise funds by subscription. donations, grants, loans or otherwise for the purposes of the charity.
The directors have paid due regard to guidance issued by the Charity Commission in deciding what activrties the
charity should undertake.
Achievements and performance
In this financial year AVSPNI has delivered 2 x multi-day conferences - one for Small Animal vets and vet nurses
and one for Small Animal and Large Animal vets. plus 7 evening meetings and 1 full day of education and
networking.
AVSPNI has engaged with organisations and working groups including, but not limited to the Department of
Agriculture, Environment and Rural Affairs IDAERA)- the Agri-Food and Bio-sciences Institute (AFBI),. Animal Health
and Welfare Northern Ireland (AHWNI),. British Cattle Veterinary Association (BCVA)., The Society of Practising
Veterinary Surgeons (SPVS)., The North of Ireland Veterinary Association (NIVA),. Rural Support,. Ulster Farmers
Union (UFU},' Royal College of Veterinary Surgeons {RCVS)', RCVS Knowledge - Farm Vet Champions,. Young Vet
Ne￿ork {YVN-NI)' Veterinary Ireland., LANTRA Council,. VetNI Board.. Bovine Wiral Diarrhoea Implementstion Group
(BVDIG): TB Stakeholder Working Group cfBSWG): Animal Health and Welfare Stakeholders Forum (AHWSFI" the
Livestock and Meat Commission {LMC)- Vel Support Northem Ireland. British Small Animal Veterinary Association
(BSAVA),. Veterinary Practi￿ Managers Association (VPMA),. Northern Ireland Sheep Scab Group., The Links
Group,. Harper Adams University. the British Velerinary Association {BVA)', The College of Agriculture. Foord and
Rural Enterprise (CAFREI.
Ongoing engagement with the bodies listed above is anticipated in the coming year. AVSPNI also initiated a
Graduate Developmenl Programme - a series of full and practical days. training with topics careful chosen to upskill
and build confidence for new veterinary graduates working in Northern Ireland. This series of events rolled out from
September 2023 but the planning took place in financial year ending 31stAugust 2023.
AVSPNI remains flexible and able to respond quickly to amend its programme of education to meet changing
needs, e.g. novel disease challenges.

AVSPNI
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Financial review
The results are set out in detail on pages 5 to 11. The company retumed net incoming resources for the year of
£6,249 {2022= £37.449) leaving unrestricted funds of £436,402 {2022: £430.153).
The unrestricted funds are considered to be essential to provide sufficient funds to cover any unforeseen costs
which may arise and fulfil legal obligations of the charity in the event that current levels of income are not
maintained.
It IS the policy of the charity that unrestricted funds whiGh have not been designated for a specific use should be
maintsined at a level equivalent to between three and six month's expenditure. The directors consider that reserves
al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
Structure, governance and management
The charitable company is govemed by its Memorandum and Articles of Association. The company is not for profit
and limited by guarantee.
The directors who served during the year and up to the date of signature of the financial statements were:
Mr P Walsh
Mr M Watts
Mrs M Spahn-Holmes
Mr I Smith
Mr K Sheridan
Mr S O'Kane
Mr S Murray
Mr K McKeeman
Mrs P Hart
Mr C Carr
Mrs L Hamilton
Mr M Allison
Mr G Bell
Mr L Fitzsimons
Ms K Henderson
Mr C Mccrea
Ms S Menzies
The Gharity is govemed by its Board of Directors who meet regularly.
None of the directors has any beneficial interest in the company. All of the directors are members of the company
and guarantee to contribute £1 in the event of a winding up.
This report has been prepa￿d in accordance with the provisions applicable to companies entitled to the small
Companies, exemption.
The directors, report was approved by the Board of Directors.
Mr P Walsh
Director
Date:

AVSPNI
INDEPENDENT EXAMINER'S REPORT
TO THE DIRECTORS OF AVSPNI
We report to the directors on our examination of the financial statements of AVSPNI (the charity) for the year ended
31 August 2023.
Respective responsibilitie of directors and exaiminer
As the directors of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Companies Act 2006 (the 2006Actl.
Having satisfied ourselves that the charity is not subjeci to audit under company law, and is eligible for independent
examination. it is our responsibility to:
examine the accounts under section 65 of the Charities Act (Northem Ireland) 2008.,
follow the procedures laid down in the general Directions given by the Charity Commission for
Northern Ireland under section 6519)(b) of the Charities Act., and
state whether particular matters have come to our attention.
Basis of independent examiners. report
We have examined your charity accounts as required under section 65 of the Charities Act and our examination was
carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under
section 65(9}{b) of the Charities Act. The examination included a review of the accounting records kept by the
charity and a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosuEs in the accounts, and seeking explanations from you as charity trustees Conceming any
such matters.
Our role is to state whether any material matters have come to our attention giving us cause to believe:
accounting records were not kepl in respect of the charity as required by section 386 of the 2006 Act. or
the financial statements do not accord with Ihose records; or
the financial ststements do not comply with the accounting requirements of section 396 of the 2006 Act and
with the methods and principles of the Charities Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wilh Financial Reporting Standard applicable in the UK and Republic of
Ireland
that there is further infomiation needed for a proper understanding of the accounts to be reached.

AVSPNI
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
TO THE DIRECTORS OFAVSPNI
Independent examiner's statement
We have completed our examination and have no concerns in respect of the matters (1) to {4) listed above and, in
connection with following the Directions of the Charity Commission for Northem Ireland, we have found no matters
that require drawing to your attention.
GMCG Lisburn
Century House
40 Crescent Business Park
Lisburn
BT28 2GN
Dated:

AVSPNI
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2023
Unrestricted Unrestricted
funds
funds
2023
2022
Notes
Income from:
Donations and membership fees
Charitable activities
Investments
66,944
160,669
1,612
56,857
128,162
918
Total income
229,225
185.937
enditure on:
Charitable activities
222,976
148,488
Net income for the yearl
Net movement in funds
6,249
37,449
Fund balances at 1 September 2022
430,153
392,704
Fund balances at 31 August 2023
436,402
430,153
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing adivities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the CompaniesAd 2006.

AVSPNI
STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023
2023
2022
Notes
Current assets
Debtors
Cash at bank and in hand
10
63.423
462,114
59,347
441,541
525,537
500,888
Creditors: amounts falling due within
one year
11
{89.135)
{70.735)
Net current assets
436,402
430,153
InGome funds
Unrestricted funds
436,402
430,153
436,402
430,153
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 August 2023
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in
acwrdance with section 476.
These financial statements have been prepared in aGGordance with the provisions appliGable to companies subject
to the small companies regime.
The financial statements were approved by the directors on
and signed on their behalf by=
Mr P Walsh
Director
Company Registration No. N1665739

AVSPNI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policies
Charity information
AVSPNI is a private company limited by guarantee incorporated in Northem Ireland. The registered office is 6
Ross Green Lane, Kilgad Road, Kells, Ballymena, Co Antrim. BT42 3JA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charty's Memorandum and Artides of
Association, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland. ("FRS 102.) and the Charities SORP 'AcGounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (effective 1 January 2019)- The
charty is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional cU￿encY of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the directors
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable
objectives.
Restrictect funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial ststements.
1.4 Income
I ncome 15 recognised when the charity is legally entitled to it after any perfomiance conditions have been met.
the amounts can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds of Govenant is reGognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution.
the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a
contingent asset.

AVSPNI
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Accounting policles (Continued)
1.5 Expenditure
Expenditure is reGognised once there is a legal or constructive obligation to transfer economic benefit to a
third party, it is probable that a transfer of ecoriomic benefits will b8 required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by actiwty. The costs of each activity are made up of the total of direct costs and
shared costs, includino support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity- Shared costs which contribute to more than one activity and
support costs which are not attributsble to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when
the￿ 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 subsequent]y carried at amortised cost using the effective
interest method unless the a￿angement constitutes 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 receivable 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 arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cosc using the effective Inte￿St 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 if payment is due within one
year or less. If not, they are presented as non-Gurrent liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost Using the effective inter&st method.
InanGial liabilities
Derecognition of r
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.

AVSPNI
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Donations and membership fees
Unrestricted Unrestricted
funds
funds
2023
2022
Donations and grfts
Membership fees
3,380
63,564
1,280
55,577
66,944
56,857
Donations and gifts
Raffle income
3.380
1.280
3,380
1.280
Raffle income of £3,380 (2022 - £1,280) was gathered during the year and paid out to various charities before
the year end.
Charitable activities
2023
2022
Income from conferences and webinars
160,669
128,162
Investments
Unrestricted Unrestricted
funds
funds
2023
2022
Inlerest receivable
1.612
918

AVSPNI
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Charitable activities
2023
2022
Speakers fees
Other conference and webinar expenses
21,454
102,363
10,117
62,219
123,817
72,336
Share of support costs (see note 6)
99,159
76,152
222,976
148.488
Support costs
Support Governance
costs
costs
2023
Support Governance
costs
costs
2022
Administration Fees
Presidential and Council
expenses
Legal and professional
fees
Bank charges
Printing, postage and
stationery
Insurance
Accountancy
Sundry expenses
VSNI donations
Other donations
70,529
70,529
57,548
57,548
3,848
3,848
1,019
1.019
15,000
438
15,000
438
2,400
560
2,400
560
108
1.213
2,079
168
2,000
3.776
108
1.213
2,079
168
2,000
3,776
115
1,158
6,636
716
6,000
115
1,158
6,636
716
6,000
99,159
99,159
76,152
76.152
Analysed belween
Charitable activities
99.159
99.159
76.152
76,152
Directors
None of the directors lor any persons connected with them) received any remuneration or benefits from the
charity during the year.
10-

AVSPNI
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
Employees
The average monthly number of employees during the year was:
2023
Number
2022
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
10 Debtors
2023
2022
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
61.539
1,252
632
58,236
530
581
63,423
59,347
11 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other creditors
Accruals and deferred income
2.576
6,733
79.826
6,156
467
64.112
89,135
70,735
11