OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-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 2023

FOR

THE BLACK DYKE BAND (1855) LIMITED

THE BLACK DYKE BAND (1855) LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2023

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 2023

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 2023. 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.

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 income in the year was from concerts. No grant income was received in the year, the trustees continue to look for funding from various sources.

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 £53,476 for the year ended 31 March 2023 (2022 - £45,016). Unrestricted funds at the year end are £734,982 (2022 - £618,882) with restricted funds at £25,858 (2022 - £88,542).

Reserves policy

At the year end, the charity had free reserves of £614,761 (2022 - £517,607). 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.

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.

Page 1

THE BLACK DYKE BAND (1855) LIMITED

REPORT OF THE TRUSTEES for the Year Ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

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 2023

Trustees

W I Thompson G Haigh P J Pearson N J Childs T P Caffull (resigned 1/1/2023) P Woodward (resigned 1/3/2023) 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 ............................................. 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 2023.

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

Page 4

THE BLACK DYKE BAND (1855) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
72,911
Charitable activities
Concerts, workshops and similar
117,849
Recovery grant activities
-
Other trading activities
2
35,347
Investment income
3
73
Other income
5,265
Total
231,445
EXPENDITURE ON
Raising funds
4
894
Charitable activities
Concerts, workshops and similar
155,752
Yorkshire Youth Band
3,600
Brass Band Heritage and Archive Project
-
Recovery grant activities
-
Total
160,246
NET INCOME/(EXPENDITURE)
71,199
Transfers between funds
15
44,961
Net movement in funds
116,160
RECONCILIATION OF FUNDS
Total funds brought forward
618,822
TOTAL FUNDS CARRIED FORWARD
734,982		 Restricted
funds
£
-
-
-
-
-
-
-
-
3,900
-
126
13,697
17,723
(17,723)
(44,961)
(62,684)
88,542
25,858		 2023
Total
funds
£
72,911
117,849
-
35,347
73
5,265
231,445
894
159,652
3,600
126
13,697
177,969
53,476
-
53,476
707,364
760,840		 2022
Total
funds
£
55,448
72,522
45,648
28,587
5
5,000
207,210
636
133,991
3,000
946
23,621
162,194
45,016
-
45,016
662,348
707,364

The notes form part of these financial statements

Page 5

THE BLACK DYKE BAND (1855) LIMITED

BALANCE SHEET 31 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Intangible assets
10
-
Tangible assets
11
120,119
Investments
12
102
120,221
CURRENT ASSETS
Debtors
13
559,937
Cash at bank
60,736
620,673
CREDITORS
Amounts falling due within one year
14
(5,912)
NET CURRENT ASSETS
614,761
TOTAL ASSETS LESS CURRENT
LIABILITIES
734,982
NET ASSETS
734,982
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
19,686
5,587
-
25,273
585
-
585
-
585
25,858
25,858		 2023
Total
funds
£
19,686
125,706
102
145,494
560,522
60,736
621,258
(5,912)
615,346
760,840
760,840
734,982
25,858
760,840		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 2023

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 ............................................. and were signed on its behalf by:

............................................. P J Pearson - 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 2023

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.

continued...

Page 8

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

1. ACCOUNTING POLICIES - continued

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.

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

Sponsorships
Social lotteries
Other trading
3.
INVESTMENT INCOME
Deposit account interest		 2023
£
27,500
5,847
2,000
35,347
2023
£
73		 2022
£
22,500
6,040
47
28,587
2022
£
5

Investment income was unrestricted in both the current and prior year.

continued...

Page 9

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

4. RAISING FUNDS

Raising donations and legacies

Support costs
SUPPORT COSTS
Management
£
Raising donations and legacies
678
Concerts, workshops and similar
3,996
Brass Band Heritage and Archive Project
126
Recovery grant activities
7,122
11,922		 2023
£
894
Governance
Finance
costs
£
£
216
-
389
7,720
-
-
-
-
605
7,720		 2022
£
636
Totals
£
894
12,105
126
7,122
20,247

5. SUPPORT COSTS

6. NET INCOME/(EXPENDITURE)

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

2023 2022
£ £
Independent Examiners fee 720 600
Depreciation - owned assets 5,325 4,083
Surplus on disposal of fixed assets (1,200) (5,000)
Recovery Grant website amortisation 2,340 2,340
Recover Grant online lessons amortisation 4,782 4,782

7. TRUSTEES' REMUNERATION AND BENEFITS

During the period, one of the Trustees, Dr N Childs received remuneration for services as Music Director of Nil (2022 - £4,375), in addition a company of which Dr Childs is a director & shareholder received £43,120 (2022 - £34,625) also for Dr Child's services as Music Director. Another Trustee, Mr J O'Brien received £7,000 (2022 - £7000) for services as Band Secretary. Mr J O'Brien also received expenses for participating in the band performances.

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 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

continued...

Page 10

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

8. STAFF COSTS

There were no staff costs for the year ended 31 March 2023 nor the period ended 31 March 2022.

The average number of employees during the year was NIL (2022 - 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
55,448
Charitable activities
Concerts, workshops and similar
72,522
Recovery grant activities
-
Other trading activities
28,587
Investment income
5
Other income
5,000
Total
161,562
EXPENDITURE ON
Raising funds
636
Charitable activities
Concerts, workshops and similar
133,991
Yorkshire Youth Band
3,000
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		 Restricted
funds
£
-
-
45,648
-
-
-
45,648
-
-
-
946
23,621
24,567
21,081
67,461
88,542		 Total
funds
£
55,448
72,522
45,648
28,587
5
5,000
207,210
636
133,991
3,000
946
23,621
162,194
45,016
662,348
707,364

continued...

Page 11

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

10. INTANGIBLE FIXED ASSETS

Recovery
Grant
website
£
COST
At 1 April 2022 and 31 March 2023
11,700
AMORTISATION
At 1 April 2022
2,729
Charge for year
2,340
At 31 March 2023
5,069
NET BOOK VALUE
At 31 March 2023
6,631
At 31 March 2022
8,971		 Recover
Grant
online
lessons
£
23,910
6,073
4,782
10,855
13,055
17,837		 Totals
£
35,610
8,802
7,122
15,924
19,686
26,808

11. TANGIBLE FIXED ASSETS

COST
At 1 April 2022
Additions
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Improvements
Freehold
to
Musical
property
property
instruments
£
£
£
156,910
6,282
3,530
-
-
20,665
156,910
6,282
24,195
52,257
569
3,530
3,139
126
2,060
55,396
695
5,590
101,514
5,587
18,605
104,653
5,713
-		 Computer
equipment
£
41,486
-
41,486
41,486
-
41,486
-
-		 Totals
£
208,208
20,665
228,873
97,842
5,325
103,167
125,706
110,366

12. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1 April 2022 and 31 March 2023 102
NET BOOK VALUE
At 31 March 2023 102
At 31 March 2022 102

There were no investment assets outside the UK.

continued...

Page 12

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

12. FIXED ASSET INVESTMENTS - continued

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
2023 2022
£ £
Aggregate capital and reserves (495,867) (386,787)
Loss for the year (109,080) (58,065)

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
2023 2022
£ £
Aggregate capital and reserves 2 2
13. DEBTORS
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 6,300 4,000
Amounts owed by group undertakings 56,163 56,163
Prepayments and accrued income 585 1,125
63,048 61,288
Amounts falling due after more than one year:
Amounts owed by group undertakings 497,474 386,755
Aggregate amounts 560,522 448,043

continued...

Page 13

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Accrued expenses
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
Net movement in funds, included in the above are as
Unrestricted funds
General fund
Restricted funds
Arts Council - Music Development Plan
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
Recovery Grant
TOTAL FUNDS		 At 1.4.22
£
618,822
3,900
5,713
78,929
88,542
707,364
follows:		 Net
movement
in funds
£
71,199
(3,900)
(126)
(13,697)
(17,723)
53,476
Incoming
resources
£
231,445
-
-
-
-
231,445		 2023
2022
£
£
-
50
5,912
5,384
5,912
5,434
Transfers
between
At
funds
31.3.23
£
£
44,961
734,982
-
-
-
5,587
(44,961)
20,271
(44,961)
25,858
-
760,840
Resources
Movement
expended
in funds
£
£
(160,246)
71,199
(3,900)
(3,900)
(126)
(126)
(13,697)
(13,697)
(17,723)
(17,723)
(177,969)
53,476

15. MOVEMENT IN FUNDS

continued...

Page 14

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

15. MOVEMENT IN FUNDS - continued

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
Recovery Grant
TOTAL FUNDS		 At 1.4.21
£
594,887
3,900
6,659
56,902
67,461
662,348		 Net
movement
in funds
£
23,935
-
(946)
22,027
21,081
45,016		 At
31.3.22
£
618,822
3,900
5,713
78,929
88,542
707,364

Comparative 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		 Incoming
resources
£
161,562
-
45,648
45,648
207,210		 Resources
Movement
expended
in funds
£
£
(137,627)
23,935
(946)
(946)
(23,621)
22,027
(24,567)
21,081
(162,194)
45,016

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Arts Council - Music Development Plan
Heritage Lottery Fund - Brass Band
Heritage and Archive Project
Recovery Grant
TOTAL FUNDS		 At 1.4.21
£
594,887
3,900
6,659
56,902
67,461
662,348		 Net
movement
in funds
£
95,134
(3,900)
(1,072)
8,330
3,358
98,492		 Transfers
between
funds
£
44,961
-
-
(44,961)
(44,961)
-		 At
31.3.23
£
734,982
-
5,587
20,271
25,858
760,840

Page 15

continued...

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2023

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined 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
Recovery Grant
TOTAL FUNDS		 Incoming
resources
£
393,007
-
-
45,648
45,648
438,655		 Resources
Movement
expended
in funds
£
£
(297,873)
95,134
(3,900)
(3,900)
(1,072)
(1,072)
(37,318)
8,330
(42,290)
3,358
(340,163)
98,492

Transfers between funds

The Recovery Grant fund, received in prior years from the Arts Council, has been treated as completely spent, the remaining cash funds of £44,961 have been transferred to reimburse the general fund for expenses covered relating the recovery grant.

16. RELATED PARTY DISCLOSURES

At the end of the year the charity was owed £553,636 (2022 - £442,918) 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 £37,820 (2022 - £26,395) in the year.

17. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Page 16

THE BLACK DYKE BAND (1855) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Legacies
Other trading activities
Sponsorships
Social lotteries
Other trading
Investment income
Deposit account interest
Charitable activities
Grants
Concert and workshop income
Prize money
Other income
Gain on sale of tangible fixed assets
Other income
Total incoming resources
EXPENDITURE
Charitable activities
Sundries
Musical Director
Principal cornet
Bandpersons
Concert costs
Travel expenditure
Recovery grant expenditure
Repairs and renewals
Competition entry
Depreciation - Musical instruments
Grants to institutions		 2023
£
64,678
8,233
-
72,911
27,500
5,847
2,000
35,347
73
-
109,600
8,249
117,849
1,200
4,065
5,265
231,445
2,640
43,120
19,458
62,783
500
19,294
6,575
264
917
2,061
110
157,722		 2022
£
30,063
11,858
13,527
55,448
22,500
6,040
47
28,587
5
45,648
72,522
-
118,170
5,000
-
5,000
207,210
30
39,000
17,748
38,544
-
29,804
16,499
-
-
-
-
141,625

This page does not form part of the statutory financial statements

Page 17

THE BLACK DYKE BAND (1855) LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2023

Support costs
Management
Rates and water
Computer costs
Person expenses - collections
Amortisation - Website
Amortisation - Online lessons
Depreciation - Freehold property
Depreciation - Improvements to property
Depreciation - Computer equipment
Finance
Bank charges
Donation platform
Governance costs
Independent Examiners fees
Secretary fees
Total resources expended
Net income		 2023
£
538
320
678
2,340
4,782
3,138
126
-
11,922
389
216
605
720
7,000
7,720
177,969
53,476		 2022
£
517
323
420
2,340
4,782
3,138
126
820
12,466
287
216
503
600
7,000
7,600
162,194
45,016

This page does not form part of the statutory financial statements

Page 18