 The team was champion of the Irish League for the 1923/24 season and winner of the Irish Cup in 1924.Queen's Island Football Club was formed in the summer of 1920, their first match was a friendly against Ulster Rangers, they were elected to the Intermediate League for the start of the 1920/21 season, they finished 5th place in the Intermediate League whilst winning the Intermediate Cup at their first attempt, defeating Forth River 2-0 in the final at Solitude on St Patrick's Day 1921.After their debut season in the Irish Intermediate League, Queen's Island applied to join the Irish League, Willowfield and Belfast United also applied but Queen's Island were elected.