**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
- (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
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