Royal Ulster Agricultural Society
Latest income
£5.3m
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net income of £1,444,742 for the year ended 31 October 2024. Per the trustees' report, unrestricted liquid reserves stood at £7,826,771, representing eighteen months of unrestricted activity, which exceeds the stated policy target of twelve months. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding going concern.
What the accounts disclose
Reserves policy: twelve months of unrestricted activities (held: £7.8m)
“The Finance Committee considers that the Society requires free reserves equivalent to twelve months of unrestricted activities” — page 17
Per FY2024 accounts as filed with CCNI.
Largest income source: Income from charitable activities (51% of income)
“Income from charitable activities 3,332,688”
Per FY2024 accounts as filed with CCNI.
Independent examiner: Baker Tilly Mooney Moore
Per FY2024 accounts as filed with CCNI.