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← Ebony Steelband Trust

2021-03-31-accounts

Registered Charity Number 1098408

Registered Company Number 04558912

EBONY STEELBAND TRUST

Report and Accounts

For The Year Ended

31 March 2021

EBONY STEELBAND TRUST Report and accounts Contents

Page
Charity and Company information 1
Trustees' Report 2
Statement of Directors'/Trustees' Responsibilities 6
Independent Examiner's report 7
Statement of Financial Activities 9
Statement of total recognised gains and losses 11
Movements in Accumulated Funds 11
Balance sheet 12
Detailed Statement of Financial Activities 20

EBONY STEELBAND TRUST Company Information

Directors

Lynda Rosenior-Patten David Curtis Justin Thomas Ian Comfort Pattrina Quashie-Ferguson

Accountants

Weldon Ramirez FCCA 63/66 Hatton Garden Fifth Floor, Suite 23 London

Registered office

The Yaa Centre 1 Chippenham Mews Maida Vale London W9 2AN

Registered number 1098408

1

EBONY STEELBAND TRUST

The report of the trustees for the year ended 31 March 2021

Introduction

The trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report and accounts for the year ended 31st March 2021, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015).

The board of trustees are satisfied with the performance of the charity during the year and the position at 31st March 2021 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

Name, registered office and constitution of the charity

The full name of the charity is Ebony Steelband Trust.

The legal registration details are :-

Date of incorporation 10th October 2002 Company Registration Number 04558912 The Yaa Centre, 1 Chippenham Mews, Malda Vale, The Registered Office is London, W9 2AN Charity Registration Number 1098408 The telephone number is 020 7266 4354

Objectives and Activities of the Charity

The charity's objects and principal activities as set out in the memorandum and articles of association continue to be that of:

(1) The advancement of education by the encouragement of the Arts with particular reference to Caribbean Music and other arts of that region and their teaching and practice and the promotion and presentation of concerts and other activities of a charitable nature which will make such arts better known and understood by the public.

(2) The relief of people with disabilities by providing them with particu;ar assistance so as to enable them to participate fully in the work of the Charity in order that their conditions of life may be improved.

In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the charity commission relating to public benefit and in particular to its supplementary public benefit guidance.

2

EBONY STEELBAND TRUST

The report of the trustees for the year ended 31 March 2021

Achievements and Performance of the Charity

Summary of the main achievements of the charity during the year

All activities have necessarily been severely curtailed through the impact of the Covid pandemic. However, the organisation is in a position to resume its programmes of classes and carnival arts activities as legislation and circumstances allow.

Structure, Governance and Management

The charity is a company limited by guarantee and is governed by its Articles of Association. Its trustees are its members. The liability of each member is limited to £10. The Articles prescribe that the number of trustees shall be not less than three but are not subject to any maximum.

At the Annual General Meeting one-third retire but are eligible for reappointment.

The methods adopted for the recruitment and appointment of new trustees

Any person who is willing to act as a trustee and is permitted by law and the Articles to do so, may be appointed to be a trustee by ordinary resolution or a decision of the Trustees. New trustees may be appointed when individuals are identified who have suitable knowledge, skills and interests.

3

EBONY STEELBAND TRUST

The report of the trustees for the year ended 31 March 2021

Policies on reserves

The trustees have considered the need for reserves in light of the main risks to the charity. The charity is dependent on two main sources of income: grants and performance fees/donations. The charity has always struggled to build reserves as its income and expenditure profiles are closely matched. The trustees are keen to build reserves in order that they are not placed in a difficult financial position should unexpected costs arise. The trustees are seeking to build a reserve that is equivalent to 8% of its turnover. It is anticipated that this can be achieved over the next two years.

Going Concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. The charity has taken account of the impact of the COVID-19 pandemic

Transactions and Financial position

The financial statements are set out on pages 9 to 22. The financial statements have been prepared implementing the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales (revised in June 2008) and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.

The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £5,445, (prior year - outgoing of £23) and net realised incoming/outgoing resources of a capital nature of £ nil, (prior year £nil), making net overall realised incoming resources of £5,445, (prior year - outgoing of £23).

The total reserves at the year end stand at £19,229, (prior year £13,784).

Free unrestricted liquid reserves amounted to £nil, (prior year £13,710).

Specific changes in fixed assets

Except for depreciation charged during the year, there have been no movement in fixed assets.

Share Capital

The company is limited by guarantee and therefore has no share capital.

4

EBONY STEELBAND TRUST

The report of the trustees for the year ended 31 March 2021

The members of the Board of Trustees of the Charity during the year ended 31st March 2020 were :-

Lynda Rosenior-Patten David Curtis Justin Thomas Ian Comfort Pattrina Quashie-Ferguson

The directors/trustees are all members of the charity.

The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:-

Lynda Rosenior-Patten David Curtis Justin Thomas Ian Comfort Pattrina Quashie-Ferguson

Independent Examiner

Weldon Ramirez FCCA The Association of Chartered Certified Accountants 63/66 Hatton Garden Fifth Floor, Suite 23 London

5

EBONY STEELBAND TRUST

The report of the trustees for the year ended 31 March 2021

Statement of Directors' and Trustees' Responsibilities

The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.

Method of preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 28 December 2021.

==> picture [84 x 45] intentionally omitted <==

Ian Comfort Director and Trustee

6

EBONY STEELBAND TRUST Independent Examiner's Report to the trustees of the charity

Report of the Independent Examiner to the trustees

on the accounts of the Charity for the year ende 31 March 2021

I report on the financial statements of the Charity on pages 9 to 22 for the year ended 31st March 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) ��

Respective responsibilities of trustees and examiner

As described on page 6, the Charity's trustees, who are also the directors of the company for the purposes of company law, are responsible for the preparation of the financial statements.

The trustees are satisfied that the audit requirement of Section 144(1) of the Act does not apply and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Companies Act 2006, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the charity is not subject to audit under company law, or otherwise, and is eligible for independent examination, it is my responsibility to:-

a) examine the accounts under section 145 of the Act;

b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;

c) to state whether particular matters have come to my attention.

Basis of opinion and scope of work undertaken

I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales setting out the duties of an independent examiner issued by the Charity Commissioners under section 145(5)(b) of the Act) in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.

The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.

7

The Examiner's relevant professional qualification or body is:

The Association of Chartered Certified Accountants

Weldon Ramirez FCCA aS 63/66 Hatton Garden Fifth Floor, Suite 23 London EC1N 8LE

The date upon which my opinion is expressed is :- 28 December 2021

8

EBONY STEELBAND TRUST Statement of Financial Activities for the year ended 31 March 2021

**Unrestricted ** Restricted Total Last Year
Funds Funds Funds Total Funds
Notes 2021 2021 2021 2020
£ £ £ £
Incoming resources
Incoming resources from generated funds
Voluntary Income 8,579 54,836 63,415 103,009
Incoming resources from charitable activities 3,139 - 3,139 69,661
Total incoming resources 11,718 54,836 66,554 172,670
Costs of charitable activities 44,014 17,095 61,109 171,343
Governance costs - - - 1,350
Total resources expended 44,014 17,095 61,109 172,693
Net incoming resources/(net outgoing resources)
before transfers between funds (32,296) 37,741 5,445 (23)
Gross transfers between funds 18,512 (18,512) - -
Net incoming resources/(net outgoing resources) before
Other recognised gains and losses (13,784) 19,229 5,445 (23)
Other recognised gains and losses
Net movement in funds (13,784) 19,229 5,445 (23)
Reconciliation of funds
Total funds brought forward 13,784 - 13,784 13,807
Total Funds carried forward - 19,229 19,229 13,784

The net movement in funds referred to above is the net incoming resources as defined in the SORP and is reconciled to the total funds as shown in the Balance Sheet on page 12 as required by the SORP.

All activities derive from continuing operations

The notes on pages 14 to 19 form an integral part of these accounts.

9

EBONY STEELBAND TRUST Statement of Financial Activities for the year ended 31 March 2021

Income and Expenditure Account as required by the Companies Act for the year ended 31 March 2021

Turnover
Direct costs of turnover
Gross surplus
Governance costs
Operating surplus/(deficit)
Surplus/(deficit) on ordinary activities before tax
Surplus/(deficit) for the financial year
Gift Aid Payments
Retained surplus/(deficit) for the financial year
All activities derive from continuing operations		 2021
£
66,554
61,109
5,445
-
5,445
5,445
5,445
-
5,445		 2020
£
172,670
171,343
1,327
1,350
(23)
(23)
(23)
-
(23)

The notes on pages 14 to 19 form an integral part of these accounts.

10

EBONY STEELBAND TRUST Statement of Financial Activities for the year ended 31 March 2021

Statement of Total Recognised Gains and Losses for the year ended 31 March 2021

Statement of Total Recognised Gains and Losses
for the year ended 31 March 2021
Excess of Expenditure over income before realisation of assets
Loss per Profit and Loss account
Grants for the acquisition of fixed assets
Net Movement in funds before taxation		 2021
2020
5,445
(23)
5,445
(23)
-
-
5,445
(23)

Movements in revenue and capital funds for the year ended 31 March 2021

Revenue accumulated funds
Accumulated funds brought forward
Recognised gains and losses before transfers
Transfers between restricted and unrestricted funds
Closing revenue accumulated funds		 Unrestricted Restricted
Total
Last year
Funds
Funds
Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
13,784
-
13,784
13,807
(32,296)
37,741
5,445
(23)
(18,512)
37,741
19,229
13,784
18,512
(18,512)
-
-
-
19,229
19,229
13,784
Summary of funds **Designated ** **Unrestricted ** Restricted Total Last Year
Funds Funds Funds Funds Total Funds
2021 2021 2021 2021 2020
£ £ £ £ £
Revenue accumulated funds - - 19,229 19,229 13,784

The statement of changes in resources applied for fixed assets for Charity use is shown in the notes to the accounts

The notes on pages 14 to 19 form an integral part of these accounts.

11

EBONY STEELBAND TRUST Company Number 04558912 Balance Sheet as at 31 March 2021

Intangible assets
-
Tangible assets
7
4,676
Total fixed assets
4,676
Current assets
Debtors
8
-
Cash at bank and in hand
15,553
Total current assets
15,553
Creditors:-
amounts due within one year
9
(1,000)
Net current assets
14,553
Total assets less current liabilities
19,229
Net assets excluding pension asset / liability
19,229
Net assets including pension asset / liability
19,229
The funds of the charity :
Unrestricted income funds
Unrestricted revenue accumulated funds
-
Designated revenue funds
-
Unrestricted capital funds
Designated fixed asset funds
-
Total unrestricted funds
-
Restricted revenue funds
Restricted revenue accumulated funds
19,229
Restricted fixed asset funds
Total restricted funds
19,229
Total charity funds
19,229		 6,786
10,674		 -
5,324
5,324
8,460
17,460
(9,000)
13,784
-
-
-
13,784
13,784
13,784
13,784
-
13,784

12

EBONY STEELBAND TRUST Company Number Balance Sheet as at 31 March 2021

04558912

The directors are satisfied that for the year ended on 31st March 2021 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 7.

The director(s) acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

==> picture [76 x 41] intentionally omitted <==

Ian Comfort Trustee Approved by the board of trustees on 28 December 2021

The notes on pages 14 to 19 form an integral part of these accounts.

13

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

Basis of preparation of the accounts

The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, and all other applicable accounting standards, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, (revised June 2008) (The SORP). The accounts have been drawn up in accordance with the provisions of the Charities (Accounts and Reports) Regulations 2008 and the Companies Act 2006, and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.

Insofar as the SORP requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.

Advantage has been taken of Section 396(5) of The Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP.

The charity has taken advantage of the exemption in the FRSSE from the requirement to produce a cash flow statement.

The particular accounting policies adopted are set out below.

Accounting convention

The financial statements are prepared, on a going concern basis, under the historical cost convention.

Incoming Resources

Incoming resources are accounted for on a receivable basis.

Except as described under the 'Deferred Income' accounting policy all grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

Recognition of liabilities

Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the SORP.

14

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

Resources Expended

The policy for including items within the relevant activity categories of resources expended is included in the charity's governing document.

In particular the policy for including items within costs of generating funds, charitable activities and governance costs is

Costs of generating funds

There are no costs attributable to the generating of funds.

Charitable activities

Charitable expenditure shall include all expenditure directly related to the objects of the charity including the following :-

Grants payable in furtherance of the charity's objectives

The Charity receives grant applications from a number of client organisations, and every application is considered by the board of trustees in relation to pre agreed parameters. The board may accept or reject the application or accept the application subject to conditions.

Although there is no legal liability to pay any grant to any organisation , and after approval, it is open to the board to withdraw an approval already granted , either before or after payment of a grant , the accounting treatment is to create a creditor for grants relating specifically to the client's activities in the current financial year of the trustees immediately upon approval , and to include grants relating to activities in subsequent financial years as financial committments shown in the notes to these accounts.

Activities in furtherance of the charity's objectives

The cost of goods and services and ancillary trading costs that have been incurred in charitable activities.

Support costs of activities

Support costs of activities for charitable purposes comprising the salary costs of the staff as they are involved with project development and other project costs.

Governance costs

Governance costs shall include all expenditure directly related to the administration of the charity including expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.

Allocation of costs within types of resources expended

The methods and principles for the allocation and apportionment of all costs between the different activity categories of resources set out above are based on the test of whether a cost directly contributes to the particular related source of income.Such identifiable costs are apportioned to the specific activity, whereas all other costs are allocated to support costs of charitable activities.

Resources expended include attributable VAT which cannot be recovered.

15

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

Fixed assets and depreciation

All tangible fixed assets, except freehold land and buildings, are stated at cost less depreciation. Freehold land and buildings are stated at a valuation arrived at by a professionally qualified firm of valuers, who valued the assets on the basis of open market value in current use.

Items of less than £100 are not capitalised.

Depreciation has been provided at the following rates in order to write off the assets (less their estimated residual value ) over their estimated useful economic lives.

Freehold land and buildings 2% straight line Vehicles 25% straight line Plant and machinery 25% reducing balance

A regular annual review of the likelihood of asset impairment is undertaken.The basis of this review is .....

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company , and is therefore included in the relevant costs in the Statement of Financial Activities.

Funds structure policy

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.

A fixed asset fund is maintained which represents the written down value of tangible fixed assets, and is divided into a restricted fixed asset fund representing the written down value of those assets subject to restrictions, with the balance being in a designated fund representing the written down value of those assets free of restrictions. The detailed operation of these funds is described under the accounting policy ' Capital grants'

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.

Any other proposed transfer between funds would be considered on the particular circumstances.

2 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

16

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

3 Surplus/(deficit) for the financial year 2021 2020
£ £
This is stated after crediting :-
Revenue Turnover from ordinary activities 66,554 172,670
and after charging:-
Depreciation of owned fixed assets 648 1,775
Rentals under operating leases 4,529 14,303
Indemnity Insurance for trustees and employees - 350
Reporting Accountant fees - 1,000

Funds belonging to the charity have not been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its trustees,employees or agents, or to indemnify its trustees,employees or agents, against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule.

4 Detailed analysis of certain transactions required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005 and revised May 2008)

Various items of support costs and charitable expenditure which are required by the SORP to be disclosed in the notes to the accounts are set out in the Detailed Schedule to the Statement of Financial Activities .

5 Staff Costs and Emoluments 2021 2020
£ £
Gross Salaries 5,301 30,760
Numbers of full time employees or full time equivalents 2021 2020
1 1

There were no fees or other remuneration paid to the trustees

There were no employees with emoluments in excess of £60,000 per annum

6 Trustees' remuneration

Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.Alternatively ' No trustees or persons connected with them, other than those shown above, received any remuneration.

17

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

7 Tangible functional fixed assets

Asset cost, valuation or revalued amount
At 1 April 2020
At 31 March 2021
Accumulated depreciation and impairment provisions
At 1 April 2020
Depreciation on revaluation
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
8
Debtors
Other Debtors
9
Creditors: amounts falling due within one year
Trade creditors
Accrued expenses
10 Analysis of the Net Movement in Funds
Net movement in funds from Statement of Financial Activities		 2021
£
-
2021
£
-
1,000
1,000
2021
£
5,445		 Plant,
Machinery &
Vehicles
Plant,
Machinery &
Vehicles
£
£
242,254
242,254
242,254
242,254
236,930
236,930
-
648
648
237,578
237,578
4,676
4,676
5,324
5,324
2020
£
6,786
2020
£
8,000
1,000
9,000
2020
£
(23)

18

EBONY STEELBAND TRUST Notes to the Accounts for the year ended 31 March 2021

**11 ** Particulars of Individual Funds and analysis of Particulars of Individual Funds and analysis of assets and liabilities representing funds assets and liabilities representing funds assets and liabilities representing funds
At 31 March 2021 Unrestricted Designated Restricted Total
funds funds funds Funds
£ £ £ £
Tangible Fixed Assets - - 4,676 4,676
Current Assets - - 15,553 15,553
Current Liabilities - - (1,000) (1,000)
- - 19,229 19,229
£ £ £ £
At 1 April 2020 Unrestricted Designated Restricted Total
funds funds funds Funds
Tangible Fixed Assets 5,324 - - 5,324
Current Assets 17,460 - - 17,460
Current Liabilities (9,000) - - (9,000)
13,784 - - 13,784

The individual funds included above are :-

Unrestricted
Restricted		 Funds at
2020
£
13,784
-
13,784		 Movements
in
Funds
as below
£
(32,296)
37,741
5,445		 Transfers
Between
funds
£
18,512
(18,512)
-		 Funds at
2021
£
-
19,229
19,229

Analysis of movements in funds as shown in the table above

Unrestricted
Restricted		 Incoming
Resources
£
11,718
54,836
66,554		 Outgoing
Resources
£
(44,014)
(17,095)
(61,109)		 Gains &
Losses
£
-
-
-		 Movement
in funds
£
(32,296)
37,741
5,445

12 Share Capital

The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding ten pounds as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

19

EBONY STEELBAND TRUST Schedule to the Statement of Financial Activities for the year ended 31 March 2021 Status of this schedule to the Statement of Financial Activities

This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, revised June 2008. However, it is not a part of the statutory accounts required under the provisions of the Companies Act 2006 in relation to incorporated charities.

**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
2021 2021 2021 2020
£ £ £ £
Incoming Resources
Incoming Resources from generated funds
Voluntary Income
Grants, legacies and donations
Government and public bodies
Incoming resources of a revenue nature
Arts Council grant income - 25,836 25,836 15,000
Total - 25,836 25,836 15,000
Non government and non public bodies
Incoming resources of a revenue nature - grants, donations and legacies
Grants 8,579 20,100 28,679 20,394
Carnival Village grant income - - - 32,615
John Lyons grant income - 8,900 8,900 35,000
Total 8,579 29,000 37,579 88,009
Total Grants,Legacies & Donations Received 8,579 54,836 63,415 103,009
Total Voluntary Income 8,579 54,836 63,415 103,009
Incoming resources from charitable activities
Primary purpose trading 3,139 - 3,139 40,872
Other charitable activities - - - 28,789
Total Incoming resources from
charitable activities 3,139 - 3,139 69,661
Total Incoming Resources 11,718 54,836 66,554 172,670
Charitable expenditure
Costs of activities in furtherance of the charity's objectives
Cost of goods for primary purpose trading 3,139 - 3,139 38,071
3,139 - 3,139 38,071
Support costs of charitable activities
Management and administration costs
in support of charitable activities
Staff costs in support of charitable activities
Salaries - Administrative staff 5,301 - 5,301 25,000
5,301 - 5,301 25,000
Indirect employee costs

20

EBONY STEELBAND TRUST Schedule to the Statement of Financial Activities for the year ended 31 March 2021 Status of this schedule to the Statement of Financial Activities

This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, revised June 2008. However, it is not a part of the statutory accounts required under the provisions of the Companies Act 2006 in relation to incorporated charities.

Temporary staff and recruitment
Travel and subsistence
Motor expenses
Other staff costs
Premises Costs
Rent payable
Insurance
Light and heat
Premises repairs and renewals
General administrative expenses:
Telephone and fax
Stationery and printing
Subscriptions
Hire of equipment
Software
Advertising and PR
Bank charges
Sundry expenses
Professional fees in support of charitable activities
Legal fees
Other support costs
Depreciation of assets used for charitable purposes
Carnival expenditure
Band expenses
Total Support costs
Grants paid as shown in the detailed schedule		 Unrestricted Restricted
Total
Prior Period
Funds
Funds
Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
-
-
-
5,760
283
-
283
18,152
14,877
-
14,877
15,574
1,900
-
1,900
1,119
17,060
-
17,060
40,605
4,347
-
4,347
12,682
943
-
943
1,719
1,580
-
1,580
1,272
4,698
-
4,698
704
11,568
-
11,568
16,377
2,251
-
2,251
3,406
163
-
163
553
1,658
-
1,658
1,554
182
-
182
1,621
789
-
789
208
-
-
-
620
480
-
480
893
574
-
574
1,452
6,097
-
6,097
10,307
-
-
-
40
-
-
-
40
-
648
648
1,775
-
-
-
37,320
-
16,447
16,447
-
-
17,095
17,095
39,095
40,026
17,095
57,121
131,424
849
-
849
1,848

21

EBONY STEELBAND TRUST Schedule to the Statement of Financial Activities for the year ended 31 March 2021 Status of this schedule to the Statement of Financial Activities

This schedule is an intrinsic part of the accounts required to comply with the 2008 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, revised June 2008. However, it is not a part of the statutory accounts required under the provisions of the Companies Act 2006 in relation to incorporated charities.

**Unrestricted ** Restricted Total Prior Period
Funds Funds Funds Total Funds
2021 2021 2021 2020
£ £ £ £
Support costs for grants paid
Costs reallocated from charity support costs - - - -
Total Expended on Charitable Activities 44,014 17,095 61,109 171,343
Governance costs that are not direct management functions inherent in Governance costs that are not direct management functions inherent in Governance costs that are not direct management functions inherent in generating
funds, service delivery and programme or project work
Specific governance costs
Indemnity Insurance - - - 350
Reporting Accountant's Fees - - - 1,000
Total governance costs - - - 1,350

A Detailed schedule of grants paid to achieve the objects of the charity

Grants to Institutions
Donations to NSPCC
Total Institutional grants
Total of all grants paid
Analysis of transfers between funds
Transfer to/(from) unrestricted to be analysed further
Transfer to/(from) restricted to be analysed further		 2021
2020
£
£
849
-
849
1,848
849
-
849
1,848
849
-
849
1,848
18,512
-
18,512
-
-
(18,512)
(18,512)
-
18,512
18,512
-
-
-

Appendices to the Statement of Financial Activities for the year ended 31 March 2021

The following appendices are attached to detail the activity analysis required by the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, revised June 2008.

1. Analysis of Total Incoming & Outgoing Resources by Activity

2. Analysis of Total Support Costs by Activity

3. Analysis of charitable expenditure by activity

4. Analysis of grants made by activity

22

EBONY STEELBAND TRUST

Appendix 1

Analysis of Total Incoming & Outgoing Resources by Activity for the year ended 31 March 2021

Incoming resources from generated funds
Voluntary Income
Activities for generating funds
Investment Income
Incoming resources from charitable activities
Other Incoming Resources
Total Incoming Resources
Costs of generating funds
Costs of generating voluntary income
Fundraising trading - costs of goods and other costs
Investment management costs
Costs of charitable activities
Governance costs
Other resources expended
Total resources expended
Net Incoming Resources by activity		 2021
2020
Fundraising
Other
Activity 2
Activity 3
Activity 4
Activity 5
Total
Total
Activities
£
£
£
£
£
£
£
£
-
63,415
-
-
-
-
63,415
103,009
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,139
-
-
-
-
3,139
69,661
-
-
-
-
-
-
-
-
-
66,554
-
-
-
-
66,554
172,670
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
61,109
-
-
-
-
61,109
171,343
-
-
-
-
-
-
-
1,350
-
-
-
-
-
-
-
-
-
61,109
-
-
-
-
61,109
172,693
-
5,445
-
-
-
-
5,445
(23)

EBONY STEELBAND TRUST

Appendix 2

Analysis of Total Support Costs by Activity for the year ended 31 March 2021

Nature of support costs
Management
Finance
Information Technology
Human Resources
Total support costs analysed by activity
The above amounts are shown in the accounts as
Support costs for generating voluntary income
Support costs for fundraising trading
Support costs for charitable activities
Support costs for grants paid		 Fundraising
£
-
-
-
-		 2021
2020
Other
Activity 2
Activity 3
Activity 4
Activity 5
Total
Total
Activities
£
£
£
£
£
£
£
48,848
-
-
-
-
48,848
131,424
-
-
-
-
-
-
-
789
-
-
-
-
789
-
7,484
-
-
-
-
7,484
-
- 57,121
-
-
-
-
57,121
131,424
2021
2020
£
£
-
-
-
-
57,121
131,424
-
-
57,121
131,424

EBONY STEELBAND TRUST

Appendix 3

Analysis of charitable expenditure by activity for the year ended 31 March 2021

Nature of charitable expenditure
Actvities undertaken directly
Grant funding of activities
Support costs of charitable activities
Total charitable expenditure analysed by activity		 2021
2020
Fundraising
Other
Activity 2
Activity 3
Activity 4
Activity 5
Total
Total
Activities
£
£
£
£
£
£
£
£
-
20,234
-
-
-
-
20,234
169,495
-
849
-
-
-
-
849
1,848
-
40,026
-
-
-
-
40,026
-
-
61,109
-
-
-
-
61,109
171,343

Appendix 4

Analysis of grants made by activity for the year ended 31 March 2021

Grants to individiduals
Grants to institutions
Total grants made analysed by activity		 2021
2020
Fundraising
Other
Activity 2
Activity 3
Activity 4
Activity 5
Total
Total
Activities
£
£
£
£
£
£
£
£
-
-
-
-
-
-
-
-
-
849
-
-
-
-
849
1,848
-
849
-
-
-
-
849
1,848