Ulster Independent Clinic Limited
Latest income
£42.9m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity generated a net incoming resource of £2,813,012 before pension gains, with total funds increasing to £71,068,867. The charity holds unrestricted reserves of £18,880,101, which is below its stated policy target of £24.2m, though the trustees believe this level is sufficient to continue current activities. The organization remains cash generative with no borrowings and a strong asset base.
What the accounts disclose
Highest-paid employee band: £140,001 - £150,000
“One director (the highest paid director) received total emoluments in connection with normal employment of £143,786” — page 39
Per FY2025 accounts as filed with CCNI.
Payments to trustees: One director received total emoluments of £143,786 in connection with normal employment. No remuneration was paid to any director for acting as a director.
“One director (the highest paid director) received total emoluments in connection with normal employment of £143,786 (2024: £149,183) this includes the retirement benefit accruing for qualifying services in respect of a defined benefit pension scheme. No remuneration was paid to any director for acting as a director (2024 : £nil).” — page 39
Per FY2025 accounts as filed with CCNI.
Reserves policy: £24.2m (held: £18.9m)
“The recommended level of general unrestricted reserves at 30 April 2025 is £24.2m, comprising £20.0m for working capital and £4.2m for equipment replacement capital development.” — page 6
Per FY2025 accounts as filed with CCNI.
Independent examiner: UHY Hacker Young Fitch Limited
Per FY2025 accounts as filed with CCNI.