The Northern Ireland Agricultural Research and Development Council
Latest income
£607k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £7,685 for the year ended 31 March 2025, a significant shift from the previous year's net income. The trustees note that the charity is dependent on voluntary levies and leveraged funding, but confirm that resources are adequate to continue operations with unrestricted reserves of £835,180.
What the accounts disclose
Payments to trustees: Two trustees received payments totalling £4,000 for taking part in projects including Beacon Farm Network and Grasscheck. Trustees were reimbursed travel expenditure totalling £3,656.
“In addition, two trustees received payments totalling £4,000 (2024: £4,550) for taking part in projects including Beacon Farm Network and Grasscheck.” — page 39
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Payments to advisory committee members acting as farmer co-researchers
“A total of £11,820 (2024: £10,400) was paid out to three members of the Beef advisory committee, two members of the Dairy advisory committee and three members of the Sheep advisory committee.” — page 43
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Reserves policy: at least 12 months management and administration costs (held: £835k)
“The Trustees have established a policy whereby the company's ‘Free’ reserves, being funds not committed to third parties for research should represent at least 12 months management and administration costs.” — page 15
Per FY2025 accounts as filed with CCNI.
Independent examiner: Aubrey Campbell & Company
Per FY2025 accounts as filed with CCNI.