REGISTERED COMPANY NUMBER: 03261005 (England and Wales) REGISTERED CHARITY NUMBER: 1059799 REPORT OF THE TRUSTEE AND UNAUDITED FINAN IAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR THE BLACK DYKE BAND 1855 LIMITED
THE BLACK DYKE BAND 185 LIMITED CONTENTS OF THE FINAN IAL STATEMENTS for the Year Ended 31st MArch 2025 Page Report of the Trustees I to 3 Independent Examiner's Report Statement of Finaneial Activities Balance Sheet 6 to 7 Notes to the Financial Statements 8 to 18 Detsiled Statement of Financial Activities 19 to 20
THE BLACK DYKE BAND 185 LIMITED REPORT OF THE TRUSTEES for the Year Ended 31st March 2025 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 315t March 2025. The trustees have adopted the provisions of Accounting and Rewrting 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 I January 2019). OBJECTIVES AND A1VITIEs Objeetives and aims The Trustees have referred tr) the Charity Commission genernl guidance oft public benefit when reviewing the aims and objectives in planning future activities. The charity's objectives a 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 br&8s band musi¢. b) promoting the education and training of members of the public musical perfomiance 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 individUS to further their musical education- and e) maintsining a library of brass band 2nd musical composition scores and reference works. ACHIEVEMENT AND PERFORMANCE Charitsble activities The Black Dyke Band p¢rfomied in concerts, released new CD recordings, and took part in competitions whilst continuing its work with the young people through the Yorkshire Youth Br&ss Band. The main source of income in the year w&8 from Concerts. No grant income w&8 received in the year. the trustees continue to look for funding from various sources. Thanks to previously secured nding. 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 player5 continued their work with the Yorkshire Youth Brnss Band. FINANCIAL REVIEW FinaneiAI position The charity achieved &$ surplus of £26,225 for the year ended 31 March 2025 (2024 £63.523). Unrestricted funds at the year end are £837.954 (2024 - £804,159} with restricted funds at £12,634 (2024- £20,204). Reserves policy At the year end. the Gharity had free erVeS of £837.954 (2024 £804.159). Any surplus assets are invested in int¢rest bearing Gash 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 ncert5 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 guarante4 as defined by the Companies Act 2006. Page I
THE BLACK DYKE BAND 1855 LIMITED REPORT OF THE TRusfEES for the Year Ended 31st M8reh 2025 STRucfuRE, COVERNANCE 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. &$ amended by a special resolution dated 28 November 1996, which established the objects and powers of the charitable ompany and it is governed under these Articles of Association. All trustees are members of the charitsble company and have undertaken to contribute such amount &$ 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 m]mum. Trustees are required to retire from offiee 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 vaeancy the retiring trustee, if willing to act, is reappointed unles5 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 tste¢S. Organisational structure The charity is required to hold an Annual General Meeting each year in addition to any other meetirkg in that year, and is required to speeify 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-tenih of the total voting rights of all members having the right to vote at the meeting. In a ease of equality voles. whether on a show of hands or on & poll, the chairn]an is entitled to a casting vote in addition to any other vote he may have. Risk management The trustee5 have a duty to identify and review the risks to whi¢h the charity is exposed ond 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 Compxny number 03261005 (England and Wales) Registered Charity number 1059799 Registered office Sandbed5 Queensbury Bradford West Yorkshir¢ BD13 IAB Page 2
THE BLACK DYKE BAND 1855 LIMITED REPORT OF THE TRUSTEES for the Year Ended 31st March 2025 Trustees G Haigh A R Hirst P J Pearson N J Child5 D Nicholson P B Billing J O'Brien D Beckley J Dickinson Company Secretary G Haigh Independent Examiner CPT Chartered Certified Accountants Evolve Busines5 Centre Cygnet Way Houghton Le Spring Tyne and Wear DH4 5QY Solicitors Gordons LLP Riverside West Whitehall Road Leeds LSI 4AW Bankers National Weslminster Bank PIC Bradford Business Centre l Market Street Bradford BDI IEG This report has been prepared in accordance with the spla] provisions of Part 15 of the Companie5 Act 2006 relating to small companies. Approved by order of the board of trustees on ................ . and signed on its behalf by- P J Pearson- Trustee Page 3
INDEPENDENT EXAMINER'S REPORTTO 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 3 1st March 2025. Responsibilities and b4sis 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 aOrdanCe 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 Gharity's accounts &s carried out under Section 145 of the Charities A¢t 2011 ('the 2011 Act,). In carying out my examination I have ftillowed the Directions given by the Charity Commission under Section 145(5) (b} of the 2011 ACL Independent exAminer's statement I have completed my examination. E eonfinn that no matters have come to my attention in connection with the examination giving me cause to believe.. a¢eounting records were not kept in respect of the Company as qUIred by Section 386 of the 2006 Act. or the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of Section 396 of the ?006 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 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 acwunts to be reached. Mr B Thompson FC CPT Chartered Certified Accountants Evolve Business Centre Cygnet Way Houghton Le Spring Tyne and Wear DH4 5QY Page 4
THE BLACK DYKE BAND 1855 LIMITED STATEMENT OF FINANCIAL ACTIVITIES PORATINC AN INCOME AND EXPENDITURE ACCOUN forthe Year Ended 31st March 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted fund5 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 74.212 74,213 95,045 Charitsble activities Band personnel and associated costs Concerts, workshops and similar Total activities (8,915) 111,437 8.575 (8,915) 111,437 8,575 96,418 Other trading activities Investment income Other income 43,451 749 2.009 43,451 749 2,009 37,704 160 TotAI 231.518 231,519 229,327 EXPENDITURE ON Raising funds 516 Charitable activities Band personnel and associated eosts Concerts. workshops and similar Aecountancy Heritage Lottery Fund Recording Total activities Brass Band Heritage and Archive Project Recovery grant activities 161,694 33.538 725 161.694 33,538 725 126 1,250 216 157.045 126 1.250 216 126 8,117 7,745 7,745 Total 197,423 7,871 205,294 165,804 NET INCOMEI(EXPENDITURE) Transfers between funds 34,095 (300) (7,870) 300 26,225 63,523 15 Net movement in funds 33,795 (7.570) 26.225 63.523 RECONCILIATION OF FUNDS Total funds brought forward 804.159 20.204 824.363 760,840 TOTAL FUNDS CARIUED FORWARD 837,954 12.634 850,588 824,363 The notes forni part of these financial statements Page 5
THE BLACK DYKE BAND 185 LIMITED BALANCE SHEET 31st MArch 2025 2025 Total funds 2024 Totai funds Unrestricted funds Restricted fund5 Notes FIXED ASSETS Intangible assets Tangible lssets Investments 10 7.298 7.298 110,912 102 14,698 118.309 102 105,576 102 12 105,678 12.634 118,312 133,109 CURREWF ASSETS Debtors Cash at bank 13 672.963 66,897 672.963 66,897 651,696 54,773 739,860 739,860 706.469 CREDITORS Amounts falling due within one year 14 {7.584) (7.584) (15,215) NET CURRENT ASSETS 732.276 732.276 691.254 TOTAL ASSETS LESS CURRENT LIABILITIES 837,954 12,634 850.588 824,363 NET ASSETS 837,954 850,588 824.363 FUNDS Unrestricted fijnds Restricted funds 15 837,954 12,634 804.159 20,204 TOTAL FUNDS 850,588 824,363 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 3 1st MarGh 2025. The members have not required the company to obtain an audit of its financial slatements for the yw ended 3 1st Mar¢h 2025 in accordance with Section 476 of the Companies Act 2006. The tnteeS 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 preparing financial statements which give a true and fair view of the stale 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 cornply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) The notes forni part of these financial statements Page 6 ¢ontinued...
THE BLACK DYKE BAND 185 LIMITED BALANCE SHEET- Continued 31st March 2025 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.. q 14 1 P J Pearson - Tnjstee The notes fomi part of these financial statements Page 7
THE BLACK DYKE BAND 1855 LIMITED NOTES TO THE FINANCIAL STATEMENTS for the Year En ed 31st March 2025 ACCOUNTING POLICIES Basis of preparing the financial ststements 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 l January ?019)', Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the histori¢al 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 otTice 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 infomjation about The Black Dyke Band (1855) Limited as an individual company and do not contain consolidated financial infom]ation 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 finaTrcial 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 me&sured 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 eost 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 condition5 which have not been met at the year end date are noted &$ a ¢ommilment but not accrued as expenditure. Intsngible fixed assets Intangible fixed assets are included at cost less attributable amortisation. Amortisation is provided on a straight line b&sis &5 follows.. Website Online lessons 200/0 on cost 200/0 on cost TAngiblo fjxed Assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefvl life. Freehold property Improvements to propety Musical instruments Computer equipment 2% oncost 20/0 on cost 20Q/o on cost 200/0 on cost Tangible fixed assets costing more than £250 are capitalised and included at cost less attributable depreciation. Page 8 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31st March 2025 ACCOUNTING POLICIES- continued Taxation The charity is exempt from corporation t&K on its charitable activities. Fund accounting Unrestricted funds can be used in a¢cordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted pury)oses within the objects of the Gharity. Restrictions arise when specified by the donor or when funds are raised for particular restricled purposes. Further explanation of the nature and putTrose of each fund is included in the notes to ihe financial statements. Interest receivable Interest on ndS held on deposit is included when receivable and the amount can be measured reliably by the charity- this is nornially uwn notification of the interest paid or payable by the Bank. FinanciAI 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 tem highly liquid investments with a short maturity of th 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 resultin(r from a past event that will probably result in the transfer of funds to a third paty and the amount due to settle the obligation can be measured or estimated reliably. Liabilities arkd provisions are noJTnally recognised at their settlement amount after allowing for any trade discounts due. Fixed asset investments The investments held by the ¢haritable company are a fom of basic financial instrument. Fixed Set investments are initially recognised at their transaction value and are subsequently measured at fair value as at the balance sheet date. OTHER TRADING ACTIVITIES 2025 2024 Sponsorships Social lotteries Other trading 33,300 6,001 4.150 32.400 5,304 43,451 37,704 Page 9 continued...
THE BLACK DYKE BAND 1855 LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31st March 2025 INVESTMENT INCOME 2025 2024 Deposit account interest 749 160 Investment income was unrestricted in both the current and prioryear. RAISING FUNDS Raising donations and legacies 20?5 2024 Support costs 516 SUPPORT COSTS Governance eosts Management Finance Totals Band personnel and associated costs Concerts, workshops and similar Accountancy Heritage Lottery Fund Total activities Recovery grant activities 7,000 7,000 6,876 725 126 216 7,700 5.939 937 725 126 216 7,700 13.765 1,153 7,725 22.643 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after Chargin(CredItIng). 2025 2024 Independent Examiners fee Depreciation - owned assets Recovery Grant website amortisation Recover Grant online lessons amortisation 725 7,397 2,340 5.360 730 2.340 5,238 Page 10 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL sfATEMEIYTS- eontinued for the Year Ended 31st March 2025 TRUSTEES, REMUNERATION AND BENEFITS During the period, a company of which one of the Trustees, Dr N Childs is a diwtor & shareholder received £45,427 (2024 - £43.680) for Dr Child's services as Music Director. Another Trustee. Mr J O'Brien received £7,000 (?024 £7,000) for services as Band Secrelary. 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 seryices provided towards the charitable objectives of the organisation. No balances were owing to any Trustees as at 31 March 2025. Trustee5' expenses There were no trustees, expenses paid for the year ended 3 1st March 2025 nor for the year ended 3 1st March 2024. STAFF COSTS There were no staff costs for the year ended 31 March 2025 nor the period ended 31 March 2024. The average number of employees during the year was NIL {2024- NtL). No employees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMEi¥rrs FROM Donations and legacies 95,046 95,045 Charitable activities Concerts, workshops and similar 96.418 96,418 Other trdding activities Investment income 37,704 160 37.704 160 Totsl 229,328 (i) 229,327 EXPENDITURE ON Raising funds 516 516 Charitsble activities Concerts. workshops and similar Br&55 Band Heritag¢ and Archive Project Recovery grant activities 157.045 157,045 126 8,117 126 8,117 Totsl 157,561 8,243 165,804 NET INCOMEI(EXPENDITURE) 71.767 (2.590) (8,244) 2,590 63.523 Transfers between funds Pagell continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued for the Year Ended 31st March 2025 COMPAIL4TIVES FOR THE sfATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fijnds funds Total funds Net movement in funds 69,177 (5,654) 63.523 RECONCILIATION OF FUNDS Total fjjnds brought forward 734.982 25,858 760,840 TOTAL FUNDS CARRIED FORWARD 804,159 20,?04 824.363 io. INTANGIBLE FIXED ASSETS Recover Grant online lessons Recovery Grydnt website Totals COST At 1st April 2024 Additions 11,700 26,500 300 38,200 300 At 3 1st March 2025 11.700 26,800 38,500 AMORTISATION At 1st April ?024 Charge for year 7.409 2,340 23,502 7,700 5,360 At 3 1st March 2025 9.749 21,453 31,202 NET BOOK VALUE At 3 1st March 2025 1,951 5,347 7,298 At 3 1st March 2024 4,291 10.407 14.698 Page 12 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31st MArch 2025 ii. TANGIBLE FIXED ASSETS Improvements to propety Freehold propety Musical instruments Computer equipment Totals COST At 1st April 2024 and 3 1st March 2025 156,910 6,282 24.195 41,486 228,873 DEPRECIATION At I st April 2024 Charge for year 58.534 3,138 8?1 125 9,723 4,134 41.486 110,564 7,397 At 31st March 2025 61.672 946 13,857 41.486 117,961 NET BOOK VALUE At 3 1st March 2025 95,238 5,336 10.338 110,912 At 3 1st Mar¢h 2024 98,376 5,461 14.472 118,309 12. FIXED ASSET INVESTMENTS Shares in group undertakings MARKET VALUE At 1st April 2024 and 3 1st March 2025 102 NET BOOK VALUE At 3 1st March 2025 102 At 3 1st March 2024 102 There were no investment assets outside the UK. The company'5 investments at the balance sheet date in the share capital of companies include the following: The Black Dyke Band (1855) Promotions Limited Regist¢r¢d office: Sandbeds, Queensbury, Bradford, West Yorkshire, BD13 IAB. Registered company number.. 03262299 Nature of business.. Concerts. recording and sale of merchandise Class of share: Ordinary holding 100 3113125 3113124 Aggregate capital and reserve5 Loss for the year {628,210) (25.418) {602,792) (106,925) The trustees have made significant efforts to reduce the costs in The Black Dyke (1855) Promotions Limited and retum the company to profit. Page 13 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued for the Year En ed31st MArch 2 25 12. FIXED ASSET INVESTMENTS- continued Black Dyke Mills Band Limited Registered office". Sandbeds. Queensbury, Brndford. West Yorkshire. BD13 1 AB. Registered company number.. 01012784 Nature of business.. Dorniant Class of share.. Ordinary holding loo 3113125 31134 Aggregate capital and res¢rves 13. DEBTORS ?025 2024 Amounts falling due within one year.. Trade debtors Amounts owed by group undertakings Prepayments and accrued income 2,000 10,000 5.200 i 0,000 45 12,000 15,245 Amounts falling due after more than one year: Amounts owed by group undertakings 660.96) 636,451 Aggregate amounts 672.963 651,696 14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Acarued expenses 2,804 4,780 6,125 9,090 7.584 15.215 Page 14 ontinued...
THE BLA K DYKE BAND 185 LIMITED NOTES TO THE FIIYANCIAL STATEMENTS- continued for the Year Ended 31st Mareh 2G25 15. MOVEMENT IN FUNDS Net movement in funds Trdnsfers between funds At 31.3.25 At 1.4.24 Unrestricted funds General fvnd 804.159 34,095 (300) 837.954 Restrieted funds Heritage Lottery Fund - Brass Band Heritage and Archive Pmje¢t Recovery Grant 5,461 14,743 (125) (7,745) 300 7.298 20.204 (7,870) 300 12.634 TOTAL FUNDS 824,363 26,225 850.588 Net movement in funds. included in the above are as follows: Incoming reSoUeS Resources expended Movement in funds Unrestricted funds General fund 231,518 (197,423) 34,095 Restricted funds Heritage Lottery Fund - Brass Band Heritage and Archive Project Recovery Grant (126) (7.745) (125) (7,745) (7,871) (7,870) TOTAL FUNDS 231.519 {205,294) 26.225 Page 15 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL SfATEMENTS- continued for the Year Ended 31st March 2025 15. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in fi]nd5 Transfers between funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 734.982 71,767 (2,590) 804.159 Restricted funds Heritage Lottery Fund- Brass Band Heritage and Archive Project Recovery Grant 5.587 20,271 (126) (8.118) 5,461 14.743 2,590 25.858 (8,244) 2,590 20,204 TOTAL FUNDS 760.840 63,523 824,363 Comparative net movement in fitnds, included in the above are as follows.. Incoming resources Resources expended Movement in fvnds Unrestricted funds General fijnd 229.328 (157,561) 71,767 Restrieted funds Heritage Lottery Fund- Brass Band Heritatse and Archive Project Recovery Grant (126) (8,117) (l26) (8,118) (i) (i) (8,243) (8,244) TOTAL FUNDS 229,327 (165,804) 63,523 Page 16 continued...
THE BLACK DYKE BAND 185 LIMITED NOTES TO THE FINANCIAL STATEIIqENTS- continued for the Year Ended 31st March 2025 15. MOVEMENT IN FUNDS- Continued A current year12 months and prior year 12 months combined position is as follows.. Net movement in funds Transftrs between funds At 31.3.25 At 1.4.23 Unrestricted funds General fvnd 734.982 105,862 (2,890) 837,954 Restrieted funds Heritage Lottery Fund - Brass Band Heritage and Archive Project Recovery Grant 5,587 20.271 (251) (15,863) 5,336 7.298 2,890 25,858 (16,114) 2.890 12,634 TOTAL FUNDS 760.840 89,748 850,588 A current year 12 months and prior year 12 months combined net movement in funds. included in the above a as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds Generdl fund 460,846 (354,984) 105,862 Restrieted funds Heritage Lottery Fund- Brass Band Heritage and Archive Project Recovery Grant (252) (15,862) (251) (15,863) (i) (16,114) (16,114) TOTAL FUNDS 460.846 (371,098) 89,748 Transfers between funds The Recovery Grant fund, ¢¢IVed in prior years from the Arts Council. has been treated as completely spent the remaining cash funds were transferred to reimburse ihe generdl fund for expenses covered relating the recovery grattt. Page 17 continued...
THE BLACK DYKE BAND 1855 LIMITED NOTES TO THE FINANCIAL STATEMEiYfs- continued for the Year Ended 31st MAreh 2025 16. RELATED PARTY DISCLOSURES At the end of the year the chartty was owed £670.963 (2024 £646,451) by The Black Dyke Band (1855) Promotions Limited. There is no interest accruing on this balance, nor are there any ternis as to repayment. Unconditional donations from the Trustees, and their close connections. totalled £19,050 (2024 £45,780) in the year. 17. ULTIMATE coiYfROLLINC PARTY There is no ultimate controlling paty. Page 18
THE BLACK DYKE BAND 1855 LIMITED DETAILED sfATEMENT OF FINANCIAL ACTIVITIES for the Y ar Ended 31st March 2025 2025 2024 INCOME AND ENDOWMENTS DonAtions and legaeies Donations Gift aid 66,983 7,230 84.097 10,948 74.213 95,045 Other trading 2etivitie5 Sponsorship5 Social lotteries Other trading 33,300 6,001 4,150 5,304 43,451 37,704 Investment income Deposit account interest 749 160 Charitsble activities Concert and workshop inwme Prize money 10?,522 8,575 89.737 6,681 111,097 96,418 Other ineome Other income 2,009 Total incoming resources 231.519 229,327 EXPENDITURE Charitable activities Sundri¢s Musical Director Principal cornet Bandpersons Con¢ert costs Travel expenditure Recovery grant expenditure Repairs and renewals Competition entry Depreciation- Musical instruments Grants to institutions Grants to individuals 14.422 45,427 20,694 44,?67 5.278 44.795 45 1,317 575 4.133 300 1.398 4,505 43.680 20,092 39,594 635 30,759 540 350 871 4,133 182,651 145,159 This page does not forni part of the statutory financial statements Page 19
THE BLACK DYKE BAND 185 LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31st March 2025 2025 2024 Support costs Management Rates and water Postage and ststionery Cotnputer costs Person expenses - collections Amortisation- Website Amortisation - Online lessons Depreciation- Freehold property Depreciation - Improvements to property 421 480 995 905 2,340 5,360 3,138 126 398 271 300 2,340 5,237 3,138 126 12,152 Finance Bank charges Donation platforni 937 216 547 216 1,153 763 Governance costs Independent Examiners fees Secretary fees 725 7,000 730 7,000 7.725 7.730 Totsl resources expended 205.294 165,804 Net ineome 26,225 63,523 This page does not fomi part of the statutory financial statements Page 20