Charity registration number: 1101867
Shepherd Group Brass Band
Annual Report and Financial Statements
for the Year Ended 31 December 2021
Shepherd Group Brass Band
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Statement of Trustees' Responsibilities | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 11 |
Shepherd Group Brass Band
Reference and Administrative Details
Chairman Mr Alister Talbot Trustees Mr Alister Talbot Mr Craig Brown, Treasurer Mr David Gregg Mr Thomas Aylett Mrs J A Brown Principal Office 6 Hollis Crescent Strensall York YO32 5SP Charity Registration Number 1101867 Independent Examiner Julie Brook ( FCCA) Approachable Accountants Ltd Westminster Business Centre 10 Great North Way York YO26 6RB
Page 1
Shepherd Group Brass Band
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2021.
Objectives and activities
Objects and aims
The Charity aims to be of pleasure and assistance to the local and wider community. To encourage, teach and develop people both musically and socially. To provide an inclusive and welcoming social environment that is open to all, irrespective of gender, sexuality, financial circumstances, background, ethnicity, disabilities or religion.
Public benefit
During the year the charity restarted both junior and senior band rehearsals enabling a number of concerts to be undertaken in the later part of the year.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management
Nature of governing document
This is carried out in accordance with the written Constitution of the Charity. The Charity has a formal committee lead by the Chair and supported by four other trustee members including the Treasurer. Meetings are held monthly on a regular basis, where the Charity takes notes and issues minutes. The AGM takes place in accordance with The Constitution.
The annual report was approved by the trustees of the charity on 21 October 2022 and signed on its behalf by:
......................................... Mr Alister Talbot Chairman and Trustee
Page 2
Shepherd Group Brass Band
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Approved by the trustees of the charity on 21 October 2022 and signed on its behalf by:
......................................... Mr Alister Talbot Chairman
Page 3
Shepherd Group Brass Band
Independent Examiner's Report to the trustees of Shepherd Group Brass Band
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 5 to 11.
Respective responsibilities of trustees and examiner
As the charity’s trustees of Shepherd Group Brass Band you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Shepherd Group Brass Band's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement - matter of concern identified
I have completed my examination.
I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:
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accounting records were not kept in respect of Shepherd Group Brass Band as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
...................................... Julie Brook FCCA
Approachable Accountants Ltd Westminster Business Centre 10 Great North Way York YO26 6RB
21 October 2022
Page 4
Shepherd Group Brass Band
Statement of Financial Activities for the Year Ended 31 December 2021
| Note Income and Endowments from: Donations and subscriptions 2 Charitable activities 3 Other trading activities 4 Investment income 5 Other income 6 Total income Expenditure on: Charitable activities 7 Total expenditure Net income Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 12 Income and Endowments from: Donations and subscriptions Charitable activities Investment income Other income Total income Expenditure on: Charitable activities Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 17,869 16,569 1,830 2 342 |
Restricted funds £ 12,000 - - - - 12,000 - - 12,000 (12,000) - - - Unrestricted funds £ 33,596 2,805 16 3,040 39,457 (24,517) (24,517) 14,940 14,940 129,455 144,395 |
Restricted funds £ 12,000 - - - - |
Total 2021 £ 29,869 16,569 1,830 2 342 |
|
|---|---|---|---|---|---|
| 36,612 | 12,000 | 48,612 | |||
| (34,865) | - | (34,865) | |||
| (34,865) | - | (34,865) | |||
| 1,747 12,000 |
12,000 (12,000) |
13,747 - |
|||
| 13,747 144,395 |
- - |
13,747 144,395 |
|||
| 158,142 | - | 158,142 | |||
| Note 2 3 5 6 7 12 |
Total 2020 £ 33,596 2,805 16 3,040 |
||||
| 39,457 | |||||
| (24,517) | |||||
| (24,517) | |||||
| 14,940 | |||||
| 14,940 129,455 |
|||||
| 144,395 |
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 7 to 11 form an integral part of these financial statements. Page 5
Shepherd Group Brass Band
(Registration number: 1101867) Balance Sheet as at 31 December 2021
| Note Fixed assets Tangible assets 9 Current assets Cash at bank and in hand 10 Creditors: Amounts falling due within one year 11 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 12 |
2021 £ 96,856 61,386 (100) 61,286 158,142 158,142 158,142 |
2020 £ 93,311 51,084 - |
|---|---|---|
| 51,084 | ||
| 144,395 | ||
| 144,395 | ||
| 144,395 |
The financial statements on pages 5 to 11 were approved by the trustees, and authorised for issue on 21 October 2022 and signed on their behalf by:
......................................... Mr Alister Talbot Chairman
The notes on pages 7 to 11 form an integral part of these financial statements. Page 6
Shepherd Group Brass Band
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Shepherd Group Brass Band meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources and depreciation charges allocated on the portion of the asset’s use.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £100 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Page 7
Shepherd Group Brass Band
Notes to the Financial Statements for the Year Ended 31 December 2021
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Equipment 10% reducing balance basis.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
The charity has one restricted fund, this being the instrument fund. During the year the charity received £12,000 in donations towards the purchase of new instruments. The charity spent a total of £14,394 on instruments during the year. To enable the purchase of the new instruments £12,000 was transferred to the unrestricted fund.
2 Income from donations and subscriptions
| Donations and subscriptions; Donations Subscriptions |
Unrestricted funds General £ 15,310 2,559 17,869 |
Restricted funds £ 12,000 - 12,000 |
Total 2021 £ 27,310 2,559 29,869 |
Total 2020 £ 27,875 5,721 |
|---|---|---|---|---|
| 33,596 |
3 Income from charitable activities
Concerts and events
| Unrestricted funds General £ 16,569 |
Total 2021 £ 16,569 |
Total 2020 £ 2,805 |
|---|---|---|
4 Income from other trading activities
| Lotteries and competitions income Page 8 |
Unrestricted funds General £ 1,830 1,830 |
Total funds £ 1,830 |
|---|---|---|
| 1,830 | ||
Shepherd Group Brass Band
Notes to the Financial Statements for the Year Ended 31 December 2021
5 Investment income
| Interest receivable and similar income; Interest receivable on bank deposits Total for 2021 Total for 2020 6 Other income Merchandise and other income 7 Expenditure on charitable activities Conductor fees Insurance Concert expenses Lottery winnings and license Accountancy fee Repairs Subscriptions General expenses Merchandise expenses Player engagement fees Venue hire Depreciation charge |
Unrestricted funds General £ 342 |
Unrestricted funds General £ 2 2 16 Total 2021 £ 342 2021 £ 12,801 1,310 3,259 350 100 252 100 1,654 200 3,490 500 10,849 34,865 |
Total funds £ 2 |
|---|---|---|---|
| 2 | |||
| 16 | |||
| Total 2020 £ 3,040 |
|||
| 2020 £ 4,712 1,298 4,341 1,063 100 131 100 2,144 - - 260 10,368 |
|||
| 24,517 |
Page 9
Shepherd Group Brass Band
Notes to the Financial Statements for the Year Ended 31 December 2021
8 Taxation
The charity is a registered charity and is therefore exempt from taxation.
9 Tangible fixed assets
| Cost At 1 January 2021 Additions At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 |
Instruments and equipment £ 191,615 14,394 |
|---|---|
| 206,009 | |
| 98,304 10,849 |
|
| 109,153 | |
| 96,856 | |
| 93,311 |
10 Cash and cash equivalents
| Cash on hand Cash at bank 11 Creditors: amounts falling due within one year Accruals |
2021 £ 915 60,471 61,386 2021 £ 100 |
2020 £ 58 51,026 |
|---|---|---|
| 51,084 | ||
| 2020 £ - |
Creditors due within one year includes the annual independent examiners fee.
Page 10
Shepherd Group Brass Band
Notes to the Financial Statements for the Year Ended 31 December 2021
12 Funds
| 12 Funds | ||
|---|---|---|
| Unrestricted funds General Restricted funds Total funds Unrestricted funds General |
Balance at 1 January 2021 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2021 £ 144,395 36,612 (34,865) 12,000 158,142 - 12,000 - (12,000) - 144,395 48,612 (34,865) - 158,142 Balance at 1 January 2020 £ Incoming resources £ Resources expended £ Balance at 31 December 2020 £ 129,455 39,457 (24,517) 144,395 |
Balance at 31 December 2021 £ 158,142 - |
| 158,142 | ||
Page 11
Shepherd Group Brass Band
Statement of Financial Activities by fund for the Year Ended 31 December 2021
| Total | Total | |
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2021 | 2020 | |
| £ | £ | |
| Income and Endowments from: | ||
| Donations and subscriptions | 17,869 | 33,596 |
| Charitable activities | 16,569 | 2,805 |
| Other trading activities | 1,830 | - |
| Investment income | 2 | 16 |
| Other income | 342 | 3,040 |
| Total income | 36,612 | 39,457 |
| Expenditure on: | ||
| Charitable activities | (34,865) | (24,517) |
| Total expenditure | (34,865) | (24,517) |
| Net income | 1,747 | 14,940 |
| Gross transfers between funds | 12,000 | - |
| Net movement in funds | 13,747 | 14,940 |
| Reconciliation of funds | ||
| Total funds brought forward | 144,395 | 129,455 |
| Total funds carried forward | 158,142 | 144,395 |
This page does not form part of the statutory financial statements. Page 12
Shepherd Group Brass Band
Statement of Financial Activities by fund for the Year Ended 31 December 2021
| Income and Endowments from: Donations and subscriptions Total income Expenditure on: Net income Gross transfers between funds Reconciliation of funds Total funds carried forward |
Total Restricted Funds 2021 £ 12,000 12,000 12,000 (12,000) - |
Total Restricted Funds 2020 £ - |
|---|---|---|
| - | ||
| - - |
||
| - |
This page does not form part of the statutory financial statements. Page 13