Report & Accounts for the year ending 31st March 2024 r-ertfQT￿ghl Showband Hertfordshire Band Academ TRUSTEES . Ex Officio - Appolntment Academy President (Bandmaster) Mr T Bames TRUSTEES . Nominated - Appointment Chaimian Secretary Treasurer Showband Director Mrs A Healley Mrs J Bertram Mr B Marshall Mr R Moore TRUSTEES . Elected Mrs L Bumham Mrs M Townsend Mr L Foster Mr T Bertram Mr P Townsend Charity Registration Number 1079924 Bankers Barclays Bank Lei￿ster LE87 2BB Metro Bank 1 Southampton Row London WC1 B SHA Contact Name & Address Mr R Moore 26 The Oaks West Byfieet Surrey 146RW HBA001 Page 1 Report & Accounts for the year ending 31 st March 2024 We.-rfordshi Showband Hertfordshire Band Academ Trustees Annual Re The ￿enty-fourth year of the HBA has been a very successfijl one, its playing membership has been maintained at around 55 senior and 15 junior bandsmen. The chanty's objective is to promote musical interest and parb¢ipation by young people of varying abilities. The trustees have given due regard to the commission's guidance on public benefit and consider the charity's activities reflected its aims. Regular weekly band practices where turtion and instruction are provided together with the opportunity to play as part of a large band have continued and two training weekends were held. The band marched and gave an arena perf0mlan￿ at the Potters Bar Camival, took part in London Band Week, perfomiing at the 02 and Hampton Court Pala￿ and ptayed at the opening of a relief road for Arlesey in Bedfordshire. Later in the year they took part in the Hoddesdon, Waltham Abbey and Hitchin Christmas parades and played Christrnas music at the Builders Amis public house. The Academy ended the year with net financial assets of £40,096 and instruments valued at around £84,000. The trustees believe that rt is in a strong postbon to continue to promote its aims in the future with the current range of acttvth'es. The Academy's policy on reserves is to hold sufficient funds to enable occasional large purchases of new instruments andlor unifomis and to participate in a major European competition every four years. The investment policy of the Academy is to Pla￿ any surplus funds in an interest bearing account. The Trustees have identified the major risks to which they believe the Academy is exposed. They have reviewed these and established ongoing systems to mff(igate them: 1. Recruitment initiatives. 2. Develop new leaderstinstructors from within the Academy. The Hertfordshire Band Acadery has been established under a constiiution and its trust*s have been appointed in accordance with the policy and rules contained therein. The accounts have been drwwn up on the receipts and pa￿nentS basis Approved by the trustees on 291h April 2024 and signed on their behalf by SON, WICHT 3AATri/zf FfrAYi&iL/ Ri ft-￿ PrW- HBA001 Page 2 Report & Accounts for the year ending 31 st March 2024 Hertfordshire Showband Hertfordshire Band Academ Receipts & Payments Account Summary Previous Year This Year Total receipts for the year (page 4) 69834 42759 Total payments for the year {page 5) 69012 30656 Net re￿IPtS for the year 822 12103 Cash and bank funds brought forward 27171 27993 Cash and bank funds tsrried fowdrd 27993 40096 The above account and accompanying statement of assets and liabilities were approved by the trustees on 29th April 2024 and signed on their behalf by hLISor4 I HBA001 Page 3 Report & Accounts for the year ending 31 st March 2024 ..lertfordshi Showband Hertfordshire Band Academ Recei Previous Year This Year Membership Subscriptions 8627 10388 Bank account interest 37 272 DonationslGrants 1825 5625 Activities Training weekends Gala dinner WMC l Disney trip London Band Week 8543 6735 25986 9321 2630 41264 11951 Fund Raisin General Concert Band perfomiances Golf day 5393 975 4113 7560 980 4220 15038 12653 Income tax recovered on subs 1768 1870 Sundry re￿iptS Sale of old instruments l equipment 1275 Total receipts for year 69834 42759 HBA001 Page 4 Report & Accounts for the year ending 31 st March 2024 H￿rtfOrdsh1re Showband Hertfordshire Band Academ Pa ments Previous Year This Year Premiseslrent 5978 6259 Activities Training weekends Gala Dinner Concert WMC l Disney trip 11801 6452 13221 41110 3290 120 3610 59708 20241 Fund Raisin General nses 359 508 359 508 Admin Expenses 61 21 Purchase of Ca Instruments General Equipment ital E ui ment 609 231 13 13 840 Sund Pa Music Publicity Uniform Insuran Textyweb costs Miscellaneous Instrument maIntenan￿/Spare￿sI0rage Transport ments 397 436 930 283 136 397 208 247 287 269 176 356 359 755 2893 2787 Total payments for year 69012 30656 HBA001 Page 5 Report & Accounts for the year ending 31st March 2024 Hertfordshire Band Academ Herrford5hire Showband Statement of Assets & Liabilities PrevFOUS Year This Year Moneta Assets 8ank Current Accounts Bank Deposrt Accounts Cash in Hand 8362 19855 3976 36275 Other Moneta Tax Claim Assets 1750 1850 Non-moneta Assets Musical Instruments etc 84000 Liabilities Due Within 1 Year Payments Not Processed 155 Liabilities Due After 1 Year HBA001 Page 6 Report & Accounts for the year ending 31 st March 2024 Heiifordshire Showband Independent Examinerfs Report to the trusteeslmember5 of the Hertfordshire Band Academy on accounts for the year ended 31 March 2024 set out on pages 3 to 6. Respective responsibilities of trustees and examiner. The charitys trustees are responsible for the preparation of the accounts. The chantys trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 43 of the 1993 Act, to follow the procedures laid down in the general Direcb'ons given by the Chanty Commission (under section 43(7)(b) of the 1993 Act and to state whether particular matters have corne to my attention. Basis of independent examinefs statement My examination was carried out in accordan￿ wilh general Directions gtven by the Chanty Commission. An examination includes a review of the accounb.ng records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees con￿mIng any such matters. The procedures undertaken do not provide all the eviden￿ that would be required in an audit, and consequentty no opinion is given as to whether the accounts present a 'true and fai view and the report ts limited to those matters set out in the statement below. Independent Examinerfs Statement In connection with my examination. no matter has come to my attenlion 1. which gives me reasonable cause to believe that in any material respect the requirements.. . to keep accounting records in accordance wtth secb.on 41 of the 1993 Act," and . to prepare accounts which accord ￿￿th the accounting records and comply ￿llth the accounting requirements of the 1993 Act have not been met . or 2. to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Slgned Date so ￿￿202 Name n￿lL &Lrtk S4£pA£R2s Address FartÉKS HBA001 Page 7