N.I. BRIDGE UNION

REPORT OF THE TREASURER AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

N.I. BRIDGE UNION

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Officers and Professional Advisers	1

Statement by the Officers	2
Report of the Examining Accountants	3

Income and Expenditure Account	4

Balance Sheet	5

Notes to the Financial Statements	6	to	7

Detailed Income and Expenditure Account	8

N.I. BRIDGE UNION

OFFICERS AND PROFESSIONAL ADVISORS

FOR THE YEAR ENDED 31 MARCH 2026

PRESIDENT:	Mr Harold Curran

CHAIRPERSON:	Mrs Diane Greenwood

HONORARY TREASURER:	Mrs Anne Fitzpatrick

HONORARY SECRETARY:	Mr Michael McFaul

HONORARY MASTER POINTS SECRETARY:	Mr Ian Hamilton

HONORARY COMPETITIONS SECRETARY:	Mrs Anne Hassan

CONGRESS ORGANISER:	Mrs Anne Hassan

INTERNATIONAL MATCH MANAGER:	Mr Brian Mullan

WEBSITE MANAGER:	Mr Brian McDowell

EXAMINING ACCOUNTANTS:	PGR

Chartered Accountants

The Office Dock

Unit 2 Channel Wharf

21 Old Channel Road

Belfast

BT3 9DE

N.I. BRIDGE UNION

STATEMENT BY THE OFFICERS

ON THE UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

We confirm that as officers we have met our duty in accordance with the constitution to:

-	ensure that the Union has kept proper accounting records;
-	prepare financial statements which give a true and fair view of the state of the affairs of the Union as at 31 March 2026 and of its surplus for that period; and
-	follow the applicable accounting policies, subject to any material departures disclosed and explained in the notes to the financial statements.

ON BEHALF OF THE UNION:

........................................................................

Treasurer

Date: .............................................

INDEPENDENT ACCOUNTANTS' REVIEW REPORT

TO THE OFFICERS OF N.I. BRIDGE UNION

FOR THE YEAR ENDED 31 MARCH 2026

We have reviewed the financial statements for the year ended 31 March 2026 on pages four to eight. The financial reporting framework that has been applied in their preparation is applicable law and FRS102 Section 1A( Small Entities).

This report is made solely to the officers, as a body, in accordance with our terms of engagement. Our review has been undertaken so that we might state to the officers those matters that we have agreed to state to them in our engagement letter and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the organisation and the officers as a body for our work, for this report or the conclusions we have formed.

Officers’ responsibility

As explained more fully in the Statement by the Officers set out on page 2, the officers are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants’ responsibility

Our responsibility is to express a conclusion based on our review of the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to review historical financial statements and ICAEW Technical Release TECH 09/13AAF Assurance review engagements on historical financial statements. ISRE 2400 also requires us to comply with the ICAEW Code of Ethics.

Scope of the Assurance Review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures to those required under a compilation engagement. These primarily consist of making enquiries of management and others within the union, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK and Ireland). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

• so as to give a true and fair view of the state of the union’s affairs as at 31 March 2026, and of its surplus for the year then ended; and

• in accordance with United Kingdom Generally Accepted Accounting Practice applicable to Smaller Entities.

PGR

Chartered Accountants

The Office Dock

Unit 2 Channel Wharf

21 Old Channel Road

Belfast

BT3 9DE

Date: .............................................

N.I. BRIDGE UNION

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2026

31.3.26	31.3.25

Notes	£	£

INCOME	26,056	28,607

Expenditure	26,109	28,558

OPERATING SURPLUS/(DEFICIT)	(53)	49

Other operating income	100	5

OPERATING SURPLUS (DEFICIT)	2	47	54

Interest receivable and similar income	676	1,007
SURPLUS(DEFICIT) ON ORDINARY ACTIVITIES BEFORE TAXATION	723	1,061

Tax on interest receivable	3	(51)	371
SURPLUS (DEFICIT) FOR THE FINANCIAL YEAR	774	690

N.I. BRIDGE UNION

BALANCE SHEET

31 MARCH 2026

31.3.26	31.3.25

Notes	£	£	£	£

FIXED ASSETS

Tangible assets	4	2,947	2,803

Chain of office	575	575

CURRENT ASSETS

Stocks	500	649

Debtors	5	3,754	2,325

Investments	6	11,000	11,000

Cash at bank	48,461	51,667

63,715	65,641

CREDITORS

Amounts falling due within one year	7	7,736	10,292

NET CURRENT ASSETS	55,979	55,349

TOTAL ASSETS LESS CURRENT LIABILITIES	59,501	58,727

RESERVES3

Junior Bridge Reserve	9	3,286	3,286

Senior Bridge Reserve	2,000	2,000

Profit and Loss Account	9	54,215	53,441

59,501	58,727

The financial statements were authorised for issue by the Treasurer on ............................................. and were signed by:

........................................................................

Mrs Anne Fitzpatrick (Treasurer)

N.I. BRIDGE UNION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment etc. - 10%-25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	OPERATING SURPLUS/(DEFICIT)

The operating profit is stated after charging:

31.3.26	31.3.25

£	£

Depreciation - owned assets	783	714

3.	TAXATION

Analysis of the tax charge

Tax liability to UK corporation tax arose on interest for the year ended 31 March 2025 of £191 and for the year

ended 31 March 2026 £128.

4.	TANGIBLE FIXED ASSETS

Computer

equipment

etc

£

COST

At 1 April 2025	36,799

Additions	927

At 31 March 2026	37,726

DEPRECIATION

At 1 April 2025	33,996

Charge for year	783

At 31 March 2026	34,799

NET BOOK VALUE

At 31 March 2026	2,947

At 31 March 2025	2,803

N.I. BRIDGE UNION

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

5.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26	31.3.25

£	£

Other debtors	3,754	2,325

6.	CURRENT ASSET INVESTMENTS

31.3.26	31.3.25

£	£

National Savings Income Bonds	11,000	11,000

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26	31.3.25

£	£

Other creditors	7,736	10,292

8. TURNOVER

As the members are interested in the net funds raised from various activities the following details income and outgoings:-

Income Expenditure Net

Interclub & Celtic Pairs 4,358 702 3,656

BBO	13,145	9,927( To Clubs)	3,218

9.	RESERVES

Profit Senior Junior

and loss Bridge Bridge

account Reserve Reserve Totals

£

At 1 April 2025 53,441 2,000 3,286 58,727

Surplus(Deficit) for the year 774 774

At 31 March 2025 54,215 2,000 3,286 59,501

N.I. BRIDGE UNION

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2026

31.3.26	31.3.25

£	£	£	£

Turnover Notes

Competitions	5,401	5,494

BBO 8	3,218	4,533

Trials	1,650	2,725

Affiliation fees	12,105	12,524

Sale of stationery and requisites	26	47
Interclub & Celtic Pairs 8 Bequests/ Junior reserve	3,656	2,961 323
26,056	28,607

Other income

Sundry	100	5

Ulster Bank Savings account interest	435	596
National Savings Income Bond interest	241	411
776	1,012

26,832	29,619

Expenditure

Insurance	1,210	1,353

Venue hire	400	650

Competition expenses	5,264	5,607

Printing, postage and stationery	1,394	594
Representation matches expenses	11,004	14,991

Affiliation fees	3,500	3,500

Officers' expenses	225	312

Sundry expenses	1,188	9

Accountancy	906	720

Bank charges	235	108

Transfer Junior reserve	-	-

25,326	27,844

1,506	(1,775)

Depreciation

Depn of tables	99	110

Depn of Duplimate Machine etc	197	263

Computer equipment	487	341

783	714

NET SURPLUS(DEFICIT)	723	1,061