Charity Accounts Intelreading the accounts so you don’t have to

The Ulster Orchestra Society Limited

Northern Ireland charity NIC103063 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£6.4m
Latest spending
—
Accounts read
FY2025

Website: www.ulsterorchestra.org.uk

Financial health, per FY2025 accounts

The accounts state that the charity reported a net surplus of £752,712 for the year, driven largely by a one-off £745k restricted capital grant. However, the auditors have identified a material uncertainty regarding going concern, noting that cashflow projections predict expenditure will exceed income in the next financial year. The trustees project a break-even outturn for 2025/26 and maintain that unrestricted reserves are sufficient for liquidity, but acknowledge the need to secure additional funding to replenish reserves used due to economic challenges.

What the accounts disclose

Going concern: material uncertainty disclosed
“Cashflow projections predict that expenditure will exceed income for the period ended 31 March 2026. These conditions indicate the existence of a material uncertainty which may cast significant doubt about the charitable company’s ability to continue as a going concern.” — page 19
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Reserves policy: sufficient to maintain liquidity and to cover unforeseen short-term emergency cash requirements (held: £740k)
“This level of reserves is sufficient to maintain liquidity and to cover unforeseen short-term emergency cash requirements.”
Per FY2025 accounts as filed with CCNI.
Independent examiner: Harbinson Mulholland
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.