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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 03261005 (England and Wales) REGISTERED CHARITY NUMBER: 1059799

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

THE BLACK DYKE BAND (1855) LIMITED

THE BLACK DYKE BAND (1855) LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 16
Detailed Statement of Financial Activities 17 to 18

THE BLACK DYKE BAND (1855) LIMITED

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

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 year ended 31 March 2022. 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

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.

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 £45,016 for the year ended 31 March 2022 (2021 - £90,714). Unrestricted funds at the year end are £618,882 (2021 - £594,887) with restricted funds at £88,542 (2021 - £67,461).

The reporting period is 12 months long, whereas the comparative period is 15.

Reserves policy

At the year end, the charity had free reserves of £517,067 (2021 - £486,994). 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.

Page 1

THE BLACK DYKE BAND (1855) LIMITED

REPORT OF THE TRUSTEES for the Year Ended 31 March 2022

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.

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

Page 2

THE BLACK DYKE BAND (1855) LIMITED

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2022

Trustees

W I Thompson G Haigh P J Pearson N J Childs T P Caffull P Woodward P B Billing J O'Brien D Beckley J Dickinson

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

Bankers

National Westminster Bank Plc Bradford Business Centre 1 Market Street Bradford BD1 1EG

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 20 December 2022 and signed on its behalf by:

G Haigh - Secretary

Page 3

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 year ended 31 March 2022.

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

22 December 2022

Page 4

THE BLACK DYKE BAND (1855) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2022

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
55,448
Charitable activities
Concerts, workshops and similar
72,522
Recovery grant activities
-
Other trading activities
2
28,587
Investment income
3
5
Other income
5,000
Total
161,562
EXPENDITURE ON
Raising funds
4
636
Charitable activities
Concerts, workshops and similar
133,991
Yorkshire Youth Band
3,000
Recording
-
Total activities
-
Brass Band Heritage and Archive Project
-
Recovery grant activities
-
Total
137,627
NET INCOME
23,935
RECONCILIATION OF FUNDS
Total funds brought forward
594,887
TOTAL FUNDS CARRIED FORWARD
618,822		 Year Ended
31.3.22
Restricted
Total
funds
funds
£
£
-
55,448
-
72,522
45,648
45,648
-
28,587
-
5
-
5,000
45,648
207,210
-
636
-
133,991
-
3,000
-
-
-
-
946
946
23,621
23,621
24,567
162,194
21,081
45,016
67,461
662,348
88,542
707,364		 Period
1.1.20
to
31.3.21
Total
funds
£
112,986
24,411
68,472
-
164
1,777
207,810
-
103,340
223
226
453
1,285
11,569
117,096
90,714
571,634
662,348

The notes form part of these financial statements

Page 5

THE BLACK DYKE BAND (1855) LIMITED

BALANCE SHEET 31 March 2022

Unrestricted
funds
Notes
£
FIXED ASSETS
Intangible assets
10
-
Tangible assets
11
104,653
Investments
12
102
104,755
CURRENT ASSETS
Debtors
13
446,918
Cash at bank
72,583
519,501
CREDITORS
Amounts falling due within one year
14
(5,434)
NET CURRENT ASSETS
514,067
TOTAL ASSETS LESS CURRENT
LIABILITIES
618,822
NET ASSETS
618,822
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
26,808
5,713
-
32,521
1,125
54,896
56,021
-
56,021
88,542
88,542		 2022
Total
funds
£
26,808
110,366
102
137,276
448,043
127,479
575,522
(5,434)
570,088
707,364
707,364
618,822
88,542
707,364		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 6

continued...

THE BLACK DYKE BAND (1855) LIMITED

BALANCE SHEET - continued 31 March 2022

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 21 December 2022 and were signed on its behalf by:

T P Caffull - Trustee

The notes form part of these financial statements

Page 7

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2022

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.

The charitable company is private limited by guarantee in England and Wales. The registered office and registered numbers are included in the Report of the Trustees.

The presentation currency of the financial statements is Pound Sterling (£).

The particular accounting policies adopted are set out below.

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.

continued...

Page 8

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

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.

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. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
Period
1.1.20
Year Ended to
31.3.22 31.3.21
£ £
Sponsorships 22,500 -
Social lotteries 6,040 -
Other trading 47 -
28,587 -

continued...

Page 9

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

3. INVESTMENT INCOME

INVESTMENT INCOME
Period
1.1.20
Year Ended to
31.3.22 31.3.21
£ £
Deposit account interest 5 164
Investment income was unrestricted in both the current and prior year.

4. RAISING FUNDS

Raising donations and legacies

Support costs
SUPPORT COSTS
Management
£
Raising donations and legacies
420
Concerts, workshops and similar
3,978
Brass Band Heritage and Archive Project
946
Recovery grant activities
7,122
12,466		 Period
1.1.20
Year Ended
to
31.3.22
31.3.21
£
£
636
-
Governance
Finance
costs
Totals
£
£
£
216
-
636
287
7,600
11,865
-
-
946
-
-
7,122
503
7,600
20,569		 Period
1.1.20
Year Ended
to
31.3.22
31.3.21
£
£
636
-
Governance
Finance
costs
Totals
£
£
£
216
-
636
287
7,600
11,865
-
-
946
-
-
7,122
503
7,600
20,569
20,569

5. SUPPORT COSTS

6. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Period
1.1.20
Year Ended to
31.3.22 31.3.21
£ £
Independent Examiners fee 600 600
Depreciation - owned assets 4,083 4,846
Surplus on disposal of fixed assets (5,000) -
Recovery Grant website amortisation 2,340 389
Recover Grant online lessons amortisation 4,782 1,291

continued...

Page 10

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2022

7. TRUSTEES' REMUNERATION AND BENEFITS

During the period, one of the Trustees, Dr N Childs received remuneration for services as Music Director of £4,375 (2021 - £21,875), in addition a company of which Dr Childs is a director & shareholder received £34,625 (2021 - £21,875) also for Dr Child's services as Music Director. Another Trustee, Mr J O'Brien received £7,000 (2021 - £8,750) 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 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.

8. STAFF COSTS

There were no staff costs for the year ended 31 March 2022 nor the period ended 31 March 2021.

The average number of employees during the year was NIL (2021 - NIL).

No employees received emoluments in excess of £60,000.

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
112,986
Charitable activities
Concerts, workshops and similar
24,411
Recovery grant activities
-
Investment income
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		 Restricted
funds
£
-
-
68,472
-
-
68,472
-
-
-
-
1,285
11,569
12,854
55,618
11,843		 Total
funds
£
112,986
24,411
68,472
164
1,777
207,810
103,340
223
226
453
1,285
11,569
117,096
90,714
571,634

continued...

Page 11

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
TOTAL FUNDS CARRIED FORWARD
594,887
67,461
10.
INTANGIBLE FIXED ASSETS
Recover
Recovery
Grant
Grant
online
website
lessons
£
£
COST
At 1 April 2021 and 31 March 2022
11,700
23,910
AMORTISATION
At 1 April 2021
389
1,291
Charge for year
2,340
4,782
At 31 March 2022
2,729
6,073
NET BOOK VALUE
At 31 March 2022
8,971
17,837
At 31 March 2021
11,311
22,619
11.
TANGIBLE FIXED ASSETS
Improvements
Freehold
to
Musical
Computer
property
property
instruments
equipment
£
£
£
£
COST
At 1 April 2021
156,910
6,282
83,095
41,486
Disposals
-
-
(79,565)
-
At 31 March 2022
156,910
6,282
3,530
41,486
DEPRECIATION
At 1 April 2021
49,119
444
83,095
40,666
Charge for year
3,138
125
-
820
Eliminated on disposal
-
-
(79,565)
-
At 31 March 2022
52,257
569
3,530
41,486
NET BOOK VALUE
At 31 March 2022
104,653
5,713
-
-
At 31 March 2021
107,791
5,838
-
820		 Total
funds
£
662,348
Totals
£
35,610
1,680
7,122
8,802
26,808
33,930
Totals
£
287,773
(79,565)
208,208
173,324
4,083
(79,565)
97,842
110,366
114,449		 Total
funds
£
662,348

continued...

Page 12

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

12. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1 April 2021 and 31 March 2022 102
NET BOOK VALUE
At 31 March 2022 102
At 31 March 2021 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. Registered company number: 03262299

Nature of business: Concerts, recording and sale of merchandise

%
Class of share: holding
Ordinary 100
2022 2021
£ £
Aggregate capital and reserves (386,787) (328,722)
Loss for the year/period (58,065) (7,967)

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. Registered company number: 01012784

Nature of business: Dormant

01012784
Nature of business: Dormant
%
Class of share: holding
Ordinary 100
2022 2021
£ £
Aggregate capital and reserves 2 2

continued...

Page 13

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2022

13. DEBTORS

Amounts falling due within one year:
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
Amounts falling due after more than one year:
Amounts owed by group undertakings
Aggregate amounts
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Accrued expenses
15.
MOVEMENT IN FUNDS
At 1.4.21
£
Unrestricted funds
General fund
594,887
Restricted funds
Arts Council - Music Development Plan
3,900
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
6,659
Recovery Grant
56,902
67,461
TOTAL FUNDS
662,348		 2022
£
4,000
56,163
1,125
61,288
386,755
448,043
2022
£
50
5,384
5,434
Net
movement
in funds
£
23,935
-
(946)
22,027
21,081
45,016		 2021
£
-
68,472
392
68,864
386,755
455,619
2021
£
-
27,262
27,262
At
31.3.22
£
618,822
3,900
5,713
78,929
88,542
707,364

continued...

Page 14

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
161,562
Restricted funds
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
-
Recovery Grant
45,648
45,648
TOTAL FUNDS
207,210
Comparatives for movement in funds
At 1.1.20
£
Unrestricted funds
General fund
559,791
Restricted funds
Arts Council - Music Development Plan
3,900
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
7,943
Recovery Grant
-
11,843
TOTAL FUNDS
571,634
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
139,338
Restricted funds
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
1
Recovery Grant
68,471
68,472
TOTAL FUNDS
207,810		 Resources
Movement
expended
in funds
£
£
(137,627)
23,935
(946)
(946)
(23,621)
22,027
(24,567)
21,081
(162,194)
45,016
Net
movement
At
in funds
31.3.21
£
£
35,096
594,887
-
3,900
(1,284)
6,659
56,902
56,902
55,618
67,461
90,714
662,348
Resources
Movement
expended
in funds
£
£
(104,242)
35,096
(1,285)
(1,284)
(11,569)
56,902
(12,854)
55,618
(117,096)
90,714

Page 15

continued...

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2022

16. RELATED PARTY DISCLOSURES

At the end of the year the charity was owed £442,918 (2021 - £455,227) by The Black Dyke Band (1855) Promotions Limited. There is no interest accruing on this balance, nor are there any terms as to repayment.

Unconditional donations from the Trustees, and their close connections, totalled £26,395 in the year.

17. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

18. LENGTH OF REPORTING PERIOD

The reporting period for the accounts is for the 12 months. The previous reporting period was 15 months. 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 previous 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 Year Ended 31 March 2022

Period
1.1.20
Year Ended to
31.3.22 31.3.21
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Gifts - 34,692
Donations 30,063 76,440
Gift aid 11,858 1,854
Legacies 13,527 -
55,448 112,986
Other trading activities
Sponsorships 22,500 -
Social lotteries 6,040 -
Other trading 47 -
28,587 -
Investment income
Deposit account interest 5 164
Charitable activities
Grants 45,648 78,472
Concert and workshop income 72,522 14,411
118,170 92,883
Other income
Gain on sale of tangible fixed assets 5,000 -
Other income - 1,777
5,000 1,777
Total incoming resources 207,210 207,810
EXPENDITURE
Charitable activities
Sundries 30 350
Musical Director 39,000 43,750
Principal cornet 17,748 24,048
Bandpersons 38,544 17,197
Travel expenditure 29,804 4,402
Recovery grant expenditure 16,499 9,889
Repairs and renewals - 1,050
Musical instruments depreciation - 193
141,625 100,879

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 Year Ended 31 March 2022

Period
1.1.20
Year Ended to
31.3.22 31.3.21
£ £
Support costs
Management
Rates and water 517 227
Computer costs 323 -
Person expenses - collections 420 -
Amortisation of website 2,340 389
Amort of online lessons 4,782 1,291
Freehold property 3,138 3,138
Improvements to property 126 126
Computer equipment 820 1,389
12,466 6,560
Finance
Bank charges 287 307
Donation platform 216 -
503 307
Governance costs
Independent Examiners fees 600 600
Secretary fees 7,000 8,750
7,600 9,350
Total resources expended 162,194 117,096
Net income 45,016 90,714

This page does not form part of the statutory financial statements

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