**REGISTERED COMPANY NUMBER: 03261005 (England and Wales) REGISTERED CHARITY NUMBER: 1059799**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2020 TO 31 MARCH 2021**
## **FOR**
**THE BLACK DYKE BAND (1855) LIMITED**
**THE BLACK DYKE BAND (1855) LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Period 1 January 2020 to 31 March 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**|7|to|8|
|**Notes to the Financial Statements**|9|to|17|
|**Detailed Statement of Financial Activities**|18|to|19|
## **THE BLACK DYKE BAND (1855) LIMITED**
## **REPORT OF THE TRUSTEES for the Period 1 January 2020 to 31 March 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 January 2020 to 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Trustees have referred to the Charity Commission general guidance on public benefit when reviewing the aims and objectives in planning future activities.
The charity's objectives are to advance the education of the public in the matter of the arts by:
a) promoting artistic activities including the composition of and performance of music including but not limited to brass band music;
b) promoting the education and training of members of the public musical performance and composition techniques, including but not limited to those relevant to brass band music;
c) promoting and maintaining music teaching facilities;
d) providing scholarships, exhibitions and bursaries to enable individuals to further their musical education; and
e) maintaining a library of brass band and musical composition scores and reference works.
## **Significant activities**
The income of the charity is primarily generated by the activities of The Black Dyke Band (1855) Promotions Limited through its income from concerts, recordings and sale of merchandise.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Early in the period, The Black Dyke Band performed in concerts, released new CD recordings, and took part in competitions whilst continuing its work with the young people through the Yorkshire Youth Brass Band. This changed in March 2020 when the Covid-19 pandemic struck and all normal band activities were suspended. The Trustees sought alternative income streams to help get the band through the difficult times.
The main source of this was a Recovery Grant from Arts Council England which the band used to fund online lessons and a new website front end to help promote the band's activities.
Thanks to previously secured funding, the band headquarters continues to establish itself as a Heritage Centre celebrating the history of the band and its members.
Music Director Professor Childs and his players continued their work with the Yorkshire Youth Brass Band.
## **FINANCIAL REVIEW**
## **Financial position**
The charity achieved as surplus of £90,714 for the period ended 31 March 2021 (2019 - £25,880). Unrestricted funds at the year end are £594,887 (2019 - £559,791) with restricted funds at £67,461 (2019 - £11,843).
The reporting period is 15 months long, whereas the comparative period is 12.
Page 1
## **THE BLACK DYKE BAND (1855) LIMITED**
## **REPORT OF THE TRUSTEES for the Period 1 January 2020 to 31 March 2021**
## **FINANCIAL REVIEW**
## **Reserves policy**
At the year end, the charity had free reserves of £486,994 (2019 - £462,680). Any surplus assets are invested in interest bearing cash balances and the trustees seek to maintain reserves adequate to finance the charity's activities.
Most of the charity's expenditure is spent on the direct costs of playing at concerts and taking part in competition.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Due to the global COVID-19 pandemic and the subsequent restrictions put in place by the UK Government on 23 March 2020, the band was not been able to rehearse or perform from that date onwards. This significantly impacted the income streams of both the charity and its subsidiary in the 2020/21 financial year. Since the reporting date, those restrictions have been removed and the band has been able to continue rehearsing and performing.
The charity and its subsidiary were placed in a period of incubation, operating on minimum costs, whilst the situation continues. The trustees explored alternative income streams and were able to secure funding from Arts Council England and sponsorship from a reputable instrument manufacturer. The charity sought financial assistance from the Government where available.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Charity constitution**
The Black Dyke Band (1855) Limited is a company limited by guarantee, incorporated 9 October 1996, and also registered as a charity on 16 December 1996. The company was established under a Memorandum and Articles of Association, as amended by a special resolution dated 28 November 1996, which established the objects and powers of the charitable company and it is governed under these Articles of Association. All trustees are members of the charitable company and have undertaken to contribute such amount as may be required, but not exceeding £10, to the charity's asset should there be a deficit in them on the charitable company being wound up.
## **Recruitment and appointment of new trustees**
The number of trustees must not be less than three but is not subject to any maximum. Trustees are required to retire from office on a rotation basis at the Annual General Meeting. The trustees required to retire by rotation are those who have been longest in office. If the charity, at the meeting at which a trustee retires by rotation, does not fill the vacancy the retiring trustee, if willing to act, is reappointed unless it has been resolved at a meeting not to fill the vacancy. No other person can be appointed or reappointed as trustee unless they are recommended by the trustees. The trustees may appoint a person who is willing to act to be a trustee either to fill a vacancy or as an additional trustee. The induction of new trustees is completed by existing trustees.
## **Organisational structure**
The charity is required to hold an Annual General Meeting each year in addition to any other meeting in that year, and is required to specify the meeting as such in the notices of calling it. The Annual General Meetings are required to be held not more than fifteen months apart. No business can be transacted at any meeting unless a quorum is present. Each member has one vote at a meeting. A resolution put to the vote of the meeting is decided on a show of hands, unless a poll is, before or upon the declaration of the result of the show of hands, demanded by the chairman or at least two members present in person or by a member or members representing not less than one-tenth of the total voting rights of all members having the right to vote at the meeting. In a case of equality votes, whether on a show of hands or on a poll, the chairman is entitled to a casting vote in addition to any other vote he may have.
Page 2
## **THE BLACK DYKE BAND (1855) LIMITED**
## **REPORT OF THE TRUSTEES for the Period 1 January 2020 to 31 March 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees review on a regular basis the risks to which the charity is exposed, take action to mitigate risks identified and charity has insurance to cover any financial risks.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
03261005 (England and Wales)
## **Registered Charity number**
1059799
## **Registered office**
Sandbeds Queensbury Bradford West Yorkshire BD13 1AB
## **Trustees**
D W Allen (resigned 7/7/2020) W I Thompson G Haigh P J Pearson N J Childs T P Caffull P Woodward P J Street (resigned 11/8/2020) P B Billing J O'Brien D Beckley (appointed 11/8/2020) J Dickinson (appointed 11/8/2020)
## **Company Secretary**
G Haigh
## **Independent Examiner**
CPT Chartered Certified Accountants 80 Victoria Road Darlington County Durham DL1 5JG **Solicitors** Gordons LLP Riverside West Whitehall Road Leeds LS1 4AW
Page 3
## **THE BLACK DYKE BAND (1855) LIMITED**
## **REPORT OF THE TRUSTEES for the Period 1 January 2020 to 31 March 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Bankers**
National Westminster Bank Plc Bradford Business Centre 1 Market Street Bradford BD1 1EG
## **EVENTS SINCE THE END OF THE PERIOD**
Information relating to events since the end of the period is given in the notes to the financial statements.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 30 November 2021 and signed on its behalf by:
G Haigh - Secretary
Page 4
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BLACK DYKE BAND (1855) LIMITED**
## **Independent examiner's report to the trustees of The Black Dyke Band (1855) Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the period 1 January 2020 to 31 March 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr B Thompson FCCA CPT Chartered Certified Accountants 80 Victoria Road Darlington County Durham DL1 5JG
1 December 2021
Page 5
## **THE BLACK DYKE BAND (1855) LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 January 2020 to 31 March 2021**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
112,986
**Charitable activities**
Concerts, workshops and similar
24,411
Black Dyke Music Development Plan
-
Recovery grant activities
-
Investment income
2
164
Other income
1,777
**Total**
139,338
**EXPENDITURE ON**
**Charitable activities**
Concerts, workshops and similar
103,340
Yorkshire Youth Band
223
Recording
226
Total activities
453
Brass Band Heritage and Archive Project
-
Recovery grant activities
-
**Total**
104,242
**NET INCOME**
35,096
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
559,791
**TOTAL FUNDS CARRIED FORWARD**
594,887|Restricted
funds
£
-
-
-
68,472
-
-
68,472
-
-
-
-
1,285
11,569
12,854
55,618
11,843
67,461|Period
1.1.20
to
Year Ended
31.3.21
31.12.19
Total
Total
funds
funds
£
£
112,986
69,712
24,411
49,404
-
4,900
68,472
-
164
494
1,777
-
207,810
124,510
103,340
95,108
223
292
226
297
453
595
1,285
2,338
11,569
-
117,096
98,630
90,714
25,880
571,634
545,754
662,348
571,634|
|---|---|---|
The notes form part of these financial statements
Page 6
## **THE BLACK DYKE BAND (1855) LIMITED**
## **BALANCE SHEET 31 March 2021**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Intangible assets
7
-
Tangible assets
8
107,791
Investments
9
102
107,893
**CURRENT ASSETS**
Debtors
10
432,646
Cash at bank
81,610
514,256
**CREDITORS**
Amounts falling due within one year
11
(27,262)
**NET CURRENT ASSETS**
486,994
**TOTAL ASSETS LESS CURRENT LIABILITIES**
594,887
**NET ASSETS**
594,887
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
33,930
6,658
-
40,588
22,973
3,900
26,873
-
26,873
67,461
67,461|2021
Total
funds
£
33,930
114,449
102
148,481
455,619
85,510
541,129
(27,262)
513,867
662,348
662,348
594,887
67,461
662,348|2019
Total
funds
£
-
119,295
102
119,397
411,896
54,684
466,580
(14,343)
452,237
571,634
571,634
559,791
11,843
571,634|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
## **THE BLACK DYKE BAND (1855) LIMITED**
## **BALANCE SHEET - continued 31 March 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 November 2021 and were signed on its behalf by:
T P Caffull - Trustee
The notes form part of these financial statements
Page 8
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS for the Period 1 January 2020 to 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Preparation of consolidated financial statements**
The financial statements contain information about The Black Dyke Band (1855) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Intangible fixed assets**
Intangible fixed assets are included at cost less attributable amortisation. Amortisation is provided on a straight line basis as follows:
Website - 20% on cost Online lessons - 20% on cost
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Freehold property|- 2% on cost|
|---|---|
|Improvements to property|- 2% on cost|
|Musical instruments|- 20% on cost|
|Computer equipment|- 20% on cost|
Tangible fixed assets costing more than £250 are capitalised and included at cost less attributable depreciation.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 9
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **1. ACCOUNTING POLICIES - continued**
## **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Financial instruments**
The charitable company only has financial assets and financial liabilities of types which qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **Cash at bank**
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Liabilities and provisions**
Liabilities and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Liabilities and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Fixed asset investments**
The investments held by the charitable company are a form of basic financial instrument. Fixed asset investments are initially recognised at their transaction value and are subsequently measured at fair value as at the balance sheet date.
## **2.**
## **INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||Period||
||1.1.20||
||to|Year Ended|
||31.3.21|31.12.19|
||£|£|
|Deposit account interest|164|494|
## **3.**
|Deposit account interest|1.1.20
to
31.3.21
£
164|Year Ended
31.12.19
£
494|
|---|---|---|
|Investment income was unrestricted in both the current and prior year.|||
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
|Depreciation - owned assets|Period
1.1.20
to
31.3.21
£
4,846|Year Ended
31.12.19
£
5,708|
|Recovery Grant website amortisation|389|-|
|Recover Grant online lessons amortisation|1,291|-|
||||
continued...
Page 10
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
During the period, one of the Trustees, Dr N Childs received remuneration for services as Music Director of £21,875 (2019 - £16,706), in addition a company of which Dr Childs is a director & shareholder received £21,875 (2019 - £16,707) also for Dr Child's services as Music Director. Another Trustee, Mr J O'Brien received £8,750 (2019 - £4,083) for services as Band Secretary.
There is a provision in the charity's governing document which allows trustees to receive remuneration for services provided towards the charitable objectives of the organisation.
No balances were owing to any Trustees as at 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the period ended 31 March 2021 nor for the year ended 31 December 2019.
## **5. STAFF COSTS**
The average monthly number of employees during the period was as follows:
## **6.**
|||Period|||
|---|---|---|---|---|
|||1.1.20|||
|||to||Year Ended|
|||31.3.21||31.12.19|
|No employees received emoluments in excess of £60,000.|||||
|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**||||
|**INCOME AND ENDOWMENTS FROM**|Unrestricted
funds
£|Restricted
funds
£||Total
funds
£|
|Donations and legacies|69,712||-|69,712|
|**Charitable activities**|||||
|Concerts, workshops and similar|49,404||-|49,404|
|Black Dyke Music Development Plan|-|4,900||4,900|
|Investment income|494||-|494|
|**Total**|119,610|4,900||124,510|
|**EXPENDITURE ON**|||||
|**Charitable activities**|||||
|Concerts, workshops and similar|95,108||-|95,108|
|Yorkshire Youth Band|292||-|292|
|Recording|297||-|297|
|Total activities|595||-|595|
|Brass Band Heritage and Archive Project|-|2,338||2,338|
|**Total**|96,292|2,338||98,630|
continued...
Page 11
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
## **7.**
## **8.**
|Unrestricted
Restricted
funds
funds
£
£
**NET INCOME**
23,318
2,562
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
536,473
9,281
**TOTAL FUNDS CARRIED FORWARD**
559,791
11,843
**INTANGIBLE FIXED ASSETS**
Recover
Recovery
Grant
Grant
online
website
lessons
£
£
**COST**
Additions
11,700
23,910
**AMORTISATION**
Charge for year
389
1,291
**NET BOOK VALUE**
At 31 March 2021
11,311
22,619
At 31 December 2019
-
-
**TANGIBLE FIXED ASSETS**
Improvements
Freehold
to
Musical
Computer
property
property
instruments
equipment
£
£
£
£
**COST**
At 1 January 2020 and
31 March 2021
156,910
6,282
83,095
41,486
**DEPRECIATION**
At 1 January 2020
45,981
318
82,902
39,277
Charge for year
3,138
126
193
1,389
At 31 March 2021
49,119
444
83,095
40,666
**NET BOOK VALUE**
At 31 March 2021
107,791
5,838
-
820
At 31 December 2019
110,929
5,964
193
2,209|Total
funds
£
25,880
545,754
571,634
Totals
£
35,610
1,680
33,930
-
Totals
£
287,773
168,478
4,846
173,324
114,449
119,295|
|---|---|
continued...
Page 12
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **9. FIXED ASSET INVESTMENTS**
|**FIXED ASSET INVESTMENTS**||
|---|---|
||Shares in|
||group|
||undertakings|
||£|
|**MARKET VALUE**||
|At 1 January 2020 and 31 March 2021|102|
|**NET BOOK VALUE**||
|At 31 March 2021|102|
|At 31 December 2019|102|
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
## **The Black Dyke Band (1855) Promotions Limited**
Registered office: Sandbeds, Queensbury, Bradford, West Yorkshire, BD13 1AB Nature of business: Concerts, recording and sale of merchandise
||%||
|---|---|---|
|Class of share:|holding||
|Ordinary|100||
|Aggregate capital and reserves||2021
2019
£
£
(328,722)
(320,755)|
|Loss for the period/year||(7,967)
(20,467)|
The trustees have made significant efforts to reduce the costs in The Black Dyke (1855) Promotions Limited and return the company to profit.
## **Black Dyke Mills Band Limited**
Registered office: Sandbeds, Queensbury, Bradford, West Yorkshire, BD13 1AB Nature of business: Dormant
|Nature of business: Dormant||||
|---|---|---|---|
||%|||
|Class of share:|holding|||
|Ordinary|100|||
|||31/12/20|31/12/19|
|||£|£|
|Aggregate capital and reserves||2|2|
continued...
Page 13
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **10. DEBTORS**
|Amounts falling due within one year:
Amounts owed by group undertakings
Prepayments and accrued income
Amounts falling due after more than one year:
Amounts owed by group undertakings
Aggregate amounts
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
**12.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Arts Council - Music Development Plan
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
Recovery Grant
**TOTAL FUNDS**|2021
£
68,472
392
68,864
386,755
455,619
2021
£
27,262
Net
movement
At 1.1.20
in funds
£
£
559,791
35,096
3,900
-
7,943
(1,284)
-
56,902
11,843
55,618
571,634
90,714|2019
£
15,000
16,136
31,136
380,760
411,896
2019
£
14,343
At
31.3.21
£
594,887
3,900
6,659
56,902
67,461
662,348|
|---|---|---|
continued...
Page 14
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
Recovery Grant
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Arts Council - Music Development Plan
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
139,338
(104,242)
35,096
1
(1,285)
(1,284)
68,471
(11,569)
56,902
68,472
(12,854)
55,618
207,810
(117,096)
90,714
Net
movement
At
At 1.1.19
in funds
31.12.19
£
£
£
536,473
23,318
559,791
-
3,900
3,900
9,281
(1,338)
7,943
9,281
2,562
11,843
545,754
25,880
571,634|
|---|---|
continued...
Page 15
## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Arts Council - Music Development Plan
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
**TOTAL FUNDS**|Incoming
resources
£
119,610
4,900
-
4,900
124,510|Resources
Movement
expended
in funds
£
£
(96,292)
23,318
(1,000)
3,900
(1,338)
(1,338)
(2,338)
2,562
(98,630)
25,880|
|---|---|---|
## **13. RELATED PARTY DISCLOSURES**
At the end of the year the charity was owed £455,227 (2019 - £395,760) by The Black Dyke Band (1855) Promotions Limited. There is no interest accruing on this balance, nor are there any terms as to repayment.
## **14. POST BALANCE SHEET EVENTS**
Due to the global COVID-19 pandemic and the subsequent restrictions put in place by the UK Government on 23 March 2020, the band was not been able to rehearse or perform for much of the reporting period. This significantly impacted the income streams of both the charity and its subsidiary in the 2020/21 financial year. Since the reporting date, those restrictions have been removed and the band has been able to continue rehearsing and performing.
The charity and its subsidiary were placed in a period of incubation, operating on minimum costs, whilst the situation continued. The trustees explored alternative income streams and were able to secure funding from Arts Council England and sponsorship from a reputable instrument manufacturer. The charity sought financial assistance from the Government where available.
## **15. ULTIMATE CONTROLLING PARTY**
There is no ultimate controlling party.
continued...
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## **THE BLACK DYKE BAND (1855) LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Period 1 January 2020 to 31 March 2021**
## **16. LENGTH OF REPORTING PERIOD**
The reporting period for the accounts is for the 15 months from 1 January 2020 to 31 March 2021. The reason for the longer reporting period is to bring the charitable company's year end in line with the end of the tax year and subsequently many of the organisations with which the charity works.
The charity has notified the relevant authorities of its intention to run an extended period.
As a result of the longer accounting period, the comparative amounts presented in the accounts, together with the related notes, are not entirely comparable.
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## **THE BLACK DYKE BAND (1855) LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 January 2020 to 31 March 2021**
||Period|||
|---|---|---|---|
||1.1.20|||
||to|Year En|ded|
||31.3.21|31.12.19||
||£|£||
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Gifts|34,692|25,345||
|Donations|76,440|34,622||
|Gift aid|1,854|9,745||
|**Investment income**|112,986|69,712||
|Deposit account interest|164|494||
|**Charitable activities**||||
|Grants|78,472|4,900||
|Concert and workshop income|14,411|49,404||
|**Other income**|92,883|54,304||
|Other income|1,777|-||
|**Total incoming resources**|207,810|124,510||
|**EXPENDITURE**||||
|**Charitable activities**||||
|Sundries|350|216||
|Arts Council expenditure|-|1,000||
|Musical Director|43,750|33,413||
|Principal cornet|24,048|12,437||
|Bandpersons|17,197|23,287||
|Concert costs|-|850||
|Travel expenditure|4,402|15,939||
|Recovery grant expenditure|9,889|-||
|Repairs and renewals|1,050|-||
|Musical instruments depreciation|193|706||
||100,879|87,848||
|**Support costs**||||
|**Management**||||
|Rates and water|227|869||
|Carried forward|227|869||
This page does not form part of the statutory financial statements
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## **THE BLACK DYKE BAND (1855) LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Period 1 January 2020 to 31 March 2021**
||Period|||
|---|---|---|---|
||1.1.20|||
||to|Year En|ded|
||31.3.21|31.12.19||
||£|£||
|**Management**||||
|Brought forward|227|869||
|Amortisation of website|389|-||
|Amort of online lessons|1,291|-||
|Freehold property|3,138|3,138||
|Improvements to property|126|126||
|Computer equipment|1,389|1,738||
|**Finance**|6,560|5,871||
|Bank charges|307|228||
|**Governance costs**||||
|Accountancy fees|600|600||
|Secretary fees|8,750|4,083||
||9,350|4,683||
|Total resources expended|117,096|98,630||
|**Net income**|90,714|25,880||
|||||
This page does not form part of the statutory financial statements
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