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2024-03-31-accounts

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

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

THE BLACK DYKE BAND (1855) LIMITED

THE BLACK DYKE BAND (1855) LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31st March 2024

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 18

THE BLACK DYKE BAND (1855) LIMITED (REGISTERED NUMBER: 03261005)

REPORT OF THE TRUSTEES for the Year Ended 31st March 2024

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 31st March 2024. 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 £63,523 for the year ended 31 March 2024 (2023 - £53,476). Unrestricted funds at the year end are £804,159 (2023 - £734,982) with restricted funds at £20,204 (2023 - £25,858).

Reserves policy

At the year end, the charity had free reserves of £691,209 (2023 - £614,761). 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 (REGISTERED NUMBER: 03261005)

REPORT OF THE TRUSTEES for the Year Ended 31st March 2024

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 (REGISTERED NUMBER: 03261005)

REPORT OF THE TRUSTEES

for the Year Ended 31st March 2024

Trustees

W I Thompson (deceased 17/2/2024) G Haigh A R Hirst (appointed 19/3/2024) P J Pearson N J Childs D Nicholson (appointed 12/9/2023) 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 10th December 2024 and signed on its behalf by:

P J Pearson - Trustee

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 31st March 2024.

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

  2. 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

  3. 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

10th December 2024

Page 4

THE BLACK DYKE BAND (1855) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31st March 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
95,046
Charitable activities
Concerts, workshops and similar
96,418
Other trading activities
2
37,704
Investment income
3
160
Other income
-
Total
229,328
EXPENDITURE ON
Raising funds
4
516
Charitable activities
Concerts, workshops and similar
157,045
Yorkshire Youth Band
-
Brass Band Heritage and Archive Project
-
Recovery grant activities
-
Total
157,561
NET INCOME/(EXPENDITURE)
71,767
Transfers between funds
15
(2,590)
Net movement in funds
69,177
RECONCILIATION OF FUNDS
Total funds brought forward
734,982
TOTAL FUNDS CARRIED FORWARD
804,159		 Restricted
funds
£
(1)
-
-
-
-
(1)
-
-
-
126
8,117
8,243
(8,244)
2,590
(5,654)
25,858
20,204		 2024
Total
funds
£
95,045
96,418
37,704
160
-
229,327
516
157,045
-
126
8,117
165,804
63,523
-
63,523
760,840
824,363		 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

The notes form part of these financial statements

Page 5

THE BLACK DYKE BAND (1855) LIMITED (REGISTERED NUMBER: 03261005)

BALANCE SHEET 31st March 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Intangible assets
10
-
Tangible assets
11
112,848
Investments
12
102
112,950
CURRENT ASSETS
Debtors
13
651,651
Cash at bank
54,773
706,424
CREDITORS
Amounts falling due within one year
14
(15,215)
NET CURRENT ASSETS
691,209
TOTAL ASSETS LESS CURRENT
LIABILITIES
804,159
NET ASSETS
804,159
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
14,698
5,461
-
20,159
45
-
45
-
45
20,204
20,204		 2024
Total
funds
£
14,698
118,309
102
133,109
651,696
54,773
706,469
(15,215)
691,254
824,363
824,363
804,159
20,204
824,363		 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

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 (REGISTERED NUMBER: 03261005)

BALANCE SHEET - continued 31st March 2024

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 10th December 2024 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 31st March 2024

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.

continued...

Page 8

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

1. ACCOUNTING POLICIES - continued

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.

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
Sponsorships
Social lotteries
Other trading		 2024
£
32,400
5,304
-
37,704		 2023
£
27,500
5,847
2,000
35,347

continued...

Page 9

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

3. INVESTMENT INCOME

INVESTMENT INCOME
2024 2023
£ £
Deposit account interest 160 73
Investment income was unrestricted in both the current and prior year.

4. RAISING FUNDS

Raising donations and legacies
Support costs
5.
SUPPORT COSTS
Management
£
Raising donations and legacies
300
Concerts, workshops and similar
4,149
Brass Band Heritage and Archive Project
126
Recovery grant activities
7,577
12,152
6.
NET INCOME/(EXPENDITURE)		 2024
£
516
Governance
Finance
costs
£
£
216
-
547
7,730
-
-
-
-
763
7,730		 2023
£
894
Totals
£
516
12,426
126
7,577
20,645

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

2024 2023
£ £
Independent Examiners fee 730 720
Depreciation - owned assets 7,397 5,325
Surplus on disposal of fixed assets - (1,200)
Recovery Grant website amortisation 2,340 2,340
Recover Grant online lessons amortisation 5,238 4,782

continued...

Page 10

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

7. TRUSTEES' REMUNERATION AND BENEFITS

During the period, a company of which one of the Trustees, Dr N Childs is a director & shareholder received £43,680 (2023 - £43,120) for Dr Child's services as Music Director. Another Trustee, Mr J O'Brien received £7,000 (2023 - £7,000) 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 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023.

8. STAFF COSTS

There were no staff costs for the year ended 31 March 2024 nor the period ended 31 March 2023.

The average number of employees during the year was NIL (2023 - 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
72,911
Charitable activities
Concerts, workshops and similar
117,849
Other trading activities
35,347
Investment income
73
Other income
5,265
Total
231,445
EXPENDITURE ON
Raising funds
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		 Restricted
funds
£
-
-
-
-
-
-
-
3,900
-
126
13,697
17,723
(17,723)		 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

continued...

Page 11

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
Transfers between funds
44,961
(44,961)
Net movement in funds
116,160
(62,684)
RECONCILIATION OF FUNDS
Total funds brought forward
618,822
88,542
TOTAL FUNDS CARRIED FORWARD
734,982
25,858
10.
INTANGIBLE FIXED ASSETS
Recover
Recovery
Grant
Grant
online
website
lessons
£
£
COST
At 1st April 2023
11,700
23,910
Additions
-
2,590
At 31st March 2024
11,700
26,500
AMORTISATION
At 1st April 2023
5,069
10,855
Charge for year
2,340
5,238
At 31st March 2024
7,409
16,093
NET BOOK VALUE
At 31st March 2024
4,291
10,407
At 31st March 2023
6,631
13,055		 Total
funds
£
-
53,476
707,364
760,840
Totals
£
35,610
2,590
38,200
15,924
7,578
23,502
14,698
19,686

continued...

Page 12

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

11. TANGIBLE FIXED ASSETS

COST
At 1st April 2023 and
31st March 2024
DEPRECIATION
At 1st April 2023
Charge for year
At 31st March 2024
NET BOOK VALUE
At 31st March 2024
At 31st March 2023		 Improvements
Freehold
to
Musical
property
property
instruments
£
£
£
156,910
6,282
24,195
55,396
695
5,590
3,138
126
4,133
58,534
821
9,723
98,376
5,461
14,472
101,514
5,587
18,605		 Computer
equipment
£
41,486
41,486
-
41,486
-
-		 Totals
£
228,873
103,167
7,397
110,564
118,309
125,706

12. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1st April 2023 and 31st March 2024 102
NET BOOK VALUE
At 31st March 2024 102
At 31st March 2023 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
31/3/24 31/3/23
£ £
Aggregate capital and reserves (602,792) (495,867)
Loss for the year (106,925) (109,080)

The trustees have made significant efforts to reduce the costs in The Black Dyke (1855) Promotions Limited and return the company to profit.

continued...

Page 13

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

12. FIXED ASSET INVESTMENTS - continued

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
31/3/24 31/3/23
£ £
Aggregate capital and reserves 2 2
13. DEBTORS
2024 2023
£ £
Amounts falling due within one year:
Trade debtors 5,200 6,300
Amounts owed by group undertakings 10,000 56,163
Prepayments and accrued income 45 585
15,245 63,048
Amounts falling due after more than one year:
Amounts owed by group undertakings 636,451 497,474
Aggregate amounts 651,696 560,522
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 6,125 -
Accrued expenses 9,090 5,912
15,215 5,912

continued...

Page 14

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31st March 2024

15. MOVEMENT IN FUNDS

At 1.4.23
£
Unrestricted funds
General fund
734,982
Restricted funds
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
5,587
Recovery Grant
20,271
25,858
TOTAL FUNDS
760,840
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		 Net
movement
in funds
£
71,767
(126)
(8,118)
(8,244)
63,523
Incoming
resources
£
229,328
-
(1)
(1)
229,327		 Transfers
between
At
funds
31.3.24
£
£
(2,590)
804,159
-
5,461
2,590
14,743
2,590
20,204
-
824,363
Resources
Movement
expended
in funds
£
£
(157,561)
71,767
(126)
(126)
(8,117)
(8,118)
(8,243)
(8,244)
(165,804)
63,523

Page 15

continued...

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.4.22
in funds
£
£
Unrestricted funds
General fund
618,822
71,199
Restricted funds
Arts Council - Music Development Plan
3,900
(3,900)
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
5,713
(126)
Recovery Grant
78,929
(13,697)
88,542
(17,723)
TOTAL FUNDS
707,364
53,476
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
231,445
Restricted funds
Arts Council - Music Development Plan
-
Heritage Lottery Fund - Brass Band Heritage
and Archive Project
-
Recovery Grant
-
-
TOTAL FUNDS
231,445		 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

Page 16

continued...

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

15. MOVEMENT IN FUNDS - continued

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 1.4.22
£
618,822
3,900
5,713
78,929
88,542
707,364		 Net
movement
in funds
£
142,966
(3,900)
(252)
(21,815)
(25,967)
116,999		 Transfers
between
funds
£
42,371
-
-
(42,371)
(42,371)
-		 At
31.3.24
£
804,159
-
5,461
14,743
20,204
824,363

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
Transfers between funds		 Incoming
resources
£
460,773
-
-
(1)
(1)
460,772		 Resources
Movement
expended
in funds
£
£
(317,807)
142,966
(3,900)
(3,900)
(252)
(252)
(21,814)
(21,815)
(25,966)
(25,967)
(343,773)
116,999		 Resources
Movement
expended
in funds
£
£
(317,807)
142,966
(3,900)
(3,900)
(252)
(252)
(21,814)
(21,815)
(25,966)
(25,967)
(343,773)
116,999
(25,967)
116,999

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.

continued...

Page 17

THE BLACK DYKE BAND (1855) LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st March 2024

16. RELATED PARTY DISCLOSURES

At the end of the year the charity was owed £646,451 (2023 - £553,636) 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 £45,780 (2023 - £37,820) in the year.

17. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Page 18