Charity No: 1045095 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 FOR THF DFAL MEMORIAL BANDSTAND TRUST
THE DEAL MEMORIAL BANDSTAND TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THF YEAR ENDED 31 OCTOBER 2024 Page Trustees, Annual Report Independent Examlner's Report Recelpts and Payments Account S¢at¢ment of A88ets and Llabllltles NoteB to th¢ Flnanelal Ststement8
DEAL MEMORIAL BANDSTAND TRUST TRUSTEES? ANNUAL REPORT FOR THF YEAR ENDED 31 OCTOBER 2024 The trustees present their report with the fmancial statemeiits of the Charity for the year ended 31 October 2024, REGISTERED CHARITY NO: 1045095 TRUSTEES: D Lindars P Rulterford A Cornish D (iollop (appointed l May 2024) ADDRESS: 5 Grange Road DEAL Keiil CT14 9TS INDEPENDENT EXAMINER.. I D Pascall FCA Mccabe Ford Williams Charlion House Dour Street DOVER Kent CT16 IBL GOVERNING DOCUMFNT: The Charity w8s r¢gistered 011 21 ma11 1995 and is governed by declaration of trust dated 28 february 1995. APPOINTMENT OF TRUSTEES: Trustees have been appointed on the basis of the relevant exp¢rtis¢ that they cAn bring to the board. ORC*ANISATION: The board of trustees administers the Charity. ORIECTS: The objective of the Charity is lo maintain the Deal Memorial Band5tAnd as a 'livin8' memorial to eleven miisiciaiis of lh¢ Royal MllrfftiiLs killed by a boinb 011 22 Scpteinber 1989. llie Tnislees confirni thai Ihey have complicd wilh their dilly as prescribed in the Chnrities Act 2011 to have due regard to the Charity Commission's guidance on public bvnefit. ACTIVITIES: The Charity or8an15ed a full season of live concerts at the Bandstaiid each Suiiday from May to September 2024, with only a small number of events can¢ell¢d due to bad weather and individiial bands, availabilily on the day. Thc annual memorial conccrl perlornied by Her Majesty's Royal Marines returned and was held on 23 Junc 2024 on Walmcr Green and ]nain5 the highllght of our concert series. RESERVES POLICY: The level of reserves at 31 October 2024 amounted to £66,752 (2023 £79,228) The Truslees Consider it necessw to maintain a level of reserves sufficient to cover the re-build costs of the Bandstand in the event of significant storni dnm#8e. Slgbed on behalf of the Trustees by: P Rutterford D Lindars Dated . 2LI 1llAq liz< Page I
INDEPENDENT EXAMIIYERgS REPORT TO THE TRUSTEES OF THE DEAL MEMORIAL BANDSTAND TRUST I report to the charity trustees on my examination of the flllancial statements of the Deal Memorial Bandstand Trust (the Trust) for th¢ ycfjr ended 31 October 2024. ResPOll8ibilitley and basls of report As the charity Iruste¢s of the 'fnJ5t, you are responsible for the prq)aration of the fmancial statements in accordance with the requiremcnts of the Charilies Aci 2011 ('thc Acl,). I report in respect of my examinulion of the Trust's financial statcmeiils ¢arri¢d oul uiidcr section 145 of the Acl and in carrying out my examinati()ii I have followed all applicable Directions given by the Charity Coininission under section 145(5)(b) of the Act. Independent examlner's statement I have completed my examinlltion. I confirni that no material matters have ¢om¢ to my ailention in conncction with the ¢xaminalion giving me caii%e t(} believe that in any material respect., accounting r¢¢ords were not kcpi in respect of the Trust as required by section 130 of the Act, or lh¢ fman¢ial stalemenls do not accord with those records, I have no concerns and have come across no other matters in connection wtth the examiIialion to which Attention should be druwn in this report in order to enable a proper imderstanding ofthL fuiancial statemenls lo be reached. I D Pascall FCA Chartered Accountant Mccabe I,ord Williams Charlton House Doiir Sireet Kent CT16 IBL Date: Pag¢ 2
DEAL MEMORIAL BANDSTAND TRUST RECEivfs AI¥D PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 OCTOBFR 2024 Unr¢strieted Restricted Funds Fund$ 2024 2024 Total 2024 Total 2023 RECEiprs Concerts. collections, and raffles Donati(Ins Sponsorship Grants Bank interest 14.846 4,261 7,350 14.846 4,261 7,350 1,000 864 11.704 12,777 8,300 1,200 477 1,000 864 Total recelpts 27,321 1,000 28,321 34,458 PAYMENTS Bands - refreshments C()ncert ¢xpeIiscs Couiicil IAX Repairs and mainteiiance IJ)surance and licences Prll)ling, posla8c, and stationery Marketing and web%ite Wreaths and flowers Accountancy Flags and m¢r¢hidI$e 426 18,136 522 12,140 2,056 73 609 ,103 426 2,679 426 19,136 522 12,140 2,056 73 609 1,103 426 2,679 261 19,269 389 1,733 1,766 198 1,548 500 408 1,000 Total payment8 38,170 1,000 39,170 26,072 O)enclty Surplus for the year (10,849) {10,849) S386 Bank ¥4nd ¢a8h balane¢8 brought forward 77,271 77,271 68,885 Bank and cash balan¢e8 earrled fornard 66,422 66,422 77,271 Pag¢ 3
THE DEAL MEMORIAL BANDSTAND TRUST STATEMENT OF ASSFTS AND LIABILITIES AS AT 31 OCTOBER 2024 2024 2023 Unrestrleted Funds Unreslrlcled Funds Stock Bank and cash fund8 Cash at bank 1,1 io 2,383 66,422 77,271 Total 4sJets 67.532 79,654 Llabllltle8 Sundry Lreditors £780 £426 Wc ackn()wled8e our rLsp()nsibilily for the finaiiLial slalemciils. including the approprillteiiess of the accounting policies, wid for providing all infonnalion and Lxplanations iiecessary lor Ihcir coinpil8tioii. The financial stalements were approved by the Trustees on......... .............,......................... P Rutterford D Lindars Page 4
THE DEAL MEMORIAL BANDSTAND TRUST NOTFS TO THE FINANCIAL STATFMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 ACCOUNTING POLICIES Basls of Preparatlon 11]e fmancial statements of the charity, which is a public benefit entity, have been prepared in accordance wilh the Charlties Act 201 l on g Receipts and Payments basis. The flliancial statements are presented in sterling which is the n¢t101)a1 currency of the charity. Capltsl Expendlture Items of a capital nature, such as soiind equipment elc, are wrillm off in the year of acquisilion. In this ycar no expciiditure was Inciled as all ¢qiiipm¢nl was hired for events, Fund AecouThtlng Income which can only be used for restricted purposes, and ils relaled expendilure, is accounted for as r¢strict¢d nds. All other income &nd expenditure is accounted for as 8enerRI funds. Taxatlon No provision is inade in the accounts for taxation as th¢ Trusl¢¢s are of the opinion that all of the Trnst's activities are of a charitable n8ture and therefore oiilsidc the scope of taxation. Neither the Truslces, nor any persons coimected with them, have received any rniluiieratioi) or expenses during the year. Restricted funds received in the year totalled £1,000 {2023 £1,200). Funds r¢c¢ived from Kent County Council or £1,000 (2023 £1,200) were in respect of the hire of media equipment for the Roylll Marines Concert which t(Trok place in June 2024. Pag¢ 5