Trustees' Annual Report for the period
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Period end date
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05
2021
30
04
2022
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Reference and administration details
February 2013
TAR
1
Charity name
NCBF
Other names charity is known by
National Concert Band Festival
Registered charity number (if any)
1111790
February 2013
TAR
2
Charity's principal address
6 Colehurst Croft
Monkspath
Solihull
Postcode B90 4XQ
Names of the charity trustees who manage the charity
Trustee name Office (if any) Dates acted if not for whole year
February 2013
TAR
3
Name of person (or body) entitled to appoint trustee (if any)
1
Duncan Joseph George Stubbs Chair
2
Kevin Cooke Business Manager
3
Barrie Christopher Johnson Deputy Chairman
4
Jayne Elizabeth Allen
5
February 2013
TAR
4
Stephen Legge
6
7
8
Simon Platford
Olivia Wild
9
February 2013
TAR
5
io li 12 13 TAR February 2013
14 15 16 17 18 TAR February 2013
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
February 2013
TAR
8
Names and addresses of advisers (Optional information)
Type of advisor Name Address
Accountant
David Evans
1 Kirton Grove, Solihull, B91 3NW
Name of chief executive or names of senior staff members (Optional information)
Structure, governance and management
February 2013
TAR
9
Description of the charity’s trusts
Type of governing document
(eg. trust deed, constitution)
Trust Deed
How the charity is constituted
(eg. trust, association, company)
Company – Limited by Guarantee No. 05315734
Trustee selection methods
(eg. appointed by, elected by)
Appointed by Trustees
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
Policies and procedures adopted for the induction and training of trustees.
-
The charity’s organisational structure and any wider network with which the charity works.
-
Relationship with any related parties.
-
Trustees’ consideration of major risks and the system and procedures to manage them.
Objectives and activities
Summary of the objects of the charity set out in its governing document
The Trust Objectives and Purposes
To advance the education of the public in the appreciation of band music and in particular the education and training of people in the playing of band instruments by:-
-
Promoting and encouraging the performance and presentation of music, particularly ensembles;
-
Raising awareness of standards in music making in all its aspects;
-
The development of musical repertoire particularly for ensembles;
-
Providing training opportunities in musicianship, including conducting, composition and arrangement; and
-
Organising and promoting festivals and events at which music ensembles can perform, receive critical appraisal, encouragement and training.
Summary of the main activities in relation to these objects
The provision of several Regional festivals with 3 levels of non-competitive awards. Ensembles with a platinum award are invited to perform at the National Festival held each year.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
Policy on grantmaking
-
Policy programme related investment
February 2013
TAR
10
Contribution made by Volunteers In planning our activities for the year we kept in mind the Charity Commissions guidance on Public Benefit at our Trustees meetings.
Achievements and performance
With the lifting of Covid restrictions we were able to re-start Summary of the main Regional Festivals in November 2021. These were held at achievements of the Oldham, Nottingham, Warwick and Telford. charity during the year
We received a good support from bands. Numbers were 50% below that of pre-covid but bands that took place were glad to be back. As before those bands achieving the higher awards were invited to the National Festival due to be held at the RNCM, Manchester in April 2022.
We were also recipients of an Arts Council Grant to further our work and to support the National Festival costs. This is a three year project to include,
NCBF at Home – a workshop by a specialist mentor at the bands own rehearsal venue, NCBF Youth Ambassadors - to allow a youth platform to input new ideas and feedback into the development of NCBF, NCBF Young Composers – to give opportunities to young composers (under 30 years) to develop skills writing for wind band and/or big bands, NCBF Digital – the opportunity for a band to send a video for a free assessment by an independent mentor.
The focus of our activities remains that of providing a high quality performance venue for bands and players at all ages to instil an on-going benefit to ensure that players continue to play their instruments well into their later life.
NCBF firmly believe that adjudications of bands performances should be adjudicated by adjudicators who specialise in the field of the performance, ie Wind Band or Big Band and use a criteria sheet to gauge the level of performance. There are no winners, just bands who can read the adjudication sheet and use the information to progress in the future.
This benefits all players to develop their self-confidence and social skills leading to life skills.
Financial review
February 2013
TAR
11
Brief statement of the charity’s policy on reserves
All reserves are used to further the effectiveness of the festivals held.
Details of any funds materially in deficit
None
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
The charity’s principal sources of funds (including any fundraising).
-
How expenditure has supported the key objectives of the charity.
-
Investment policy and objectives including any ethical investment policy adopted.
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Kevin Cooke
February 2013
TAR
12
Position (eg secretary, chair, etc)
Business Manager/Trustee
Date
22nd February 2023
February 2013
TAR
13
Company registration number: 05315734 Charity registration number: 1111790
NCBF
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 April 2022
DAVID J EVANS LTD 1 Kirton Grove Solihull West Midlands B91 3NW
NCBF
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
NCBF
Reference and Administrative Details
Chairman Duncan Joseph George STUBBS Trustees Kevin COOKE Barrie Christopher JOHNSON Jayne Elizabeth ALLEN Steven LEGGE Simon PLATFORD Olivia Leigh WILD Duncan Joseph George STUBBS Secretary Kevin COOKE Registered Office 6 Colehurst Croft Monkspath Solihull West Midlands B90 4XQ Company Registration Number 05315734 Charity Registration Number 1111790 Independent Examiner DAVID J EVANS LTD 1 Kirton Grove Solihull West Midlands B91 3NW
Page 1
NCBF
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 April 2022.
Objectives and activities
Public benefit
To advance the education of the public in the appreciation of band music and in particular the education and training of people in the playing of band instruments by:
a) Promoting and encouraging the performance and presentation of music, particularly ensembles b) Raising awareness of standards in music making in all its aspects c) Providing training opportunities in musicianship, including conducting,composition and arrangement and
d) Organising and promoting festivals and events at which music ensembles can perform, receive critical appraisal, encouragement and training.
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.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 30 January 2023 and signed on its behalf by:
K Cooke
......................................... K Cooke (Jan 30, 2023 18:09 GMT) Kevin COOKE Company secretary and trustee
Page 2
NCBF
Independent Examiner's Report to the trustees of NCBF ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2022.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of NCBF as required 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 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... David Evans David J Evans Ltd
1 Kirton Grove Solihull West Midlands B91 3NW
30 January 2023
Page 3
NCBF
Statement of Financial Activities for the Year Ended 30 April 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income from: Donations 3 Charitable activities 4 Total income Expenditure on: Charitable activities & Governance costs 5 Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted £ 10,000 18,610 28,610 (18,533) (18,533) 10,077 10,077 85 10,162 |
Restricted £ - 16,214 16,214 (16,214) (16,214) - - - - |
Total 2022 £ 10,000 34,824 44,824 (34,747) (34,747) 10,077 10,077 85 10,162 |
Total 2021 £ 510 - |
|---|---|---|---|---|
| 510 | ||||
| (3,895) | ||||
| (3,895) | ||||
| (3,385) | ||||
| (3,385) 3,470 |
||||
| 85 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 11.
The notes on pages 6 to 10 form an integral part of these financial statements. Page 4
NCBF
(Registration number: 05315734) Balance Sheet as at 30 April 2022
| Note Fixed assets Investments 8 Current assets Cash at bank and in hand 9 Creditors: Amounts falling due within one year 10 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 11 |
2022 £ 1 29,199 (19,038) 10,161 10,162 10,162 10,162 |
2021 £ 1 9,853 (9,769) |
|---|---|---|
| 84 | ||
| 85 | ||
| 85 | ||
| 85 |
For the financial year ending 30 April 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 4 to 10 were approved by the trustees, and authorised for issue on 30 January 2023 and signed on their behalf by:
K Cooke
K Cooke (Jan 30, 2023 18:09 GMT) ......................................... Kevin COOKE Company secretary and trustee
The notes on pages 6 to 10 form an integral part of these financial statements. Page 5
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
1 Charity status
The charity is limited by guarantee,, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 6 Colehurst Croft Monkspath Solihull West Midlands B90 4XQ
These financial statements were authorised for issue by the trustees on 30 January 2023.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
NCBF 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 nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
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. .
Page 6
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
Raising funds
These are costs incurred in attracting voluntary income.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
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.
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:
Fixed asset investments
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date.
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 discretion in furtherance of the objectives of the charity.
3 Income from donations
| Capital donations | Unrestricted funds General £ 10,000 10,000 |
Total 2022 £ 10,000 10,000 |
Total 2021 £ 510 |
|---|---|---|---|
| 510 |
Page 7
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
4 Income from charitable activities
| Participation fees Trade stand income Ticket sales Arts Council Funding |
Unrestricted funds General £ 17,167 1,443 - - 18,610 |
Restricted funds £ - - 5,019 11,195 16,214 |
Total 2022 £ 17,167 1,443 5,019 11,195 |
|---|---|---|---|
| 34,824 |
Page 8
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
5 Expenditure on charitable activities
| Note Adjudicator fees Volunteers expenses Organiser's fees Insurance Website maintenance Trade subscriptions Business Manager's fees Bank charges Venue hire Adjudicator fees Volunteers expenses Organiser's fees Website maintenance Printing, postage and stationery Subsistence Business Manager's fees Partnership coordinator Governance costs |
Unrestricted funds General £ 3,307 8,647 3,000 350 700 711 1,500 102 - - - - - - - - - 216 18,533 |
Restricted funds £ - - - - - - - - 6,827 1,005 1,693 333 600 1,298 458 666 3,334 - 16,214 |
Total 2022 £ 3,307 8,647 3,000 350 700 711 1,500 102 6,827 1,005 1,693 333 600 1,298 458 666 3,334 216 34,747 |
Total 2021 £ - - - - - - - - - - - - - - - - - 3,895 |
|---|---|---|---|---|
| 3,895 |
6 Independent examiner's remuneration
| 6 Independent examiner's remuneration |
||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Examination of the financial statements | 216 | 353 |
Page 9
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Fixed asset investments
| Investment - NCBF title 9 Cash and cash equivalents Cash at bank 10 Creditors: amounts falling due within one year Other creditors Accruals 11 Funds Balance at 1 May 2021 £ Incoming resources £ Unrestricted funds General 85 28,610 Restricted funds - 16,214 Total funds 85 44,824 |
2022 £ 1 2022 £ 29,199 2022 £ 13,782 5,256 19,038 Resources expended £ (18,533) (16,214) (34,747) |
2021 £ 1 |
|---|---|---|
| 2021 £ 9,853 |
||
| 2021 £ - 9,769 |
||
| 9,769 | ||
| Balance at 30 April 2022 £ 10,162 - |
||
| 10,162 |
12 Analysis of net assets between funds
| 12 Analysis of net assets between funds | |||
|---|---|---|---|
| Fixed asset investments Current assets Current liabilities Total net assets |
Unrestricted funds General £ 1 10,161 - 10,162 |
Restricted funds £ - 19,038 (19,038) - |
Total funds at 30 April 2022 £ 1 29,199 (19,038) |
| 10,162 |
Page 10
NCBF
Statement of Financial Activities by fund for the Year Ended 30 April 2022
Unrestricted Funds
| Total | Total | |
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2022 | 2021 | |
| £ | £ | |
| Income and Endowments from: | ||
| Donations | 10,000 | 510 |
| Charitable activities | 18,610 | - |
| Total income | 28,610 | 510 |
| Expenditure on: | ||
| Charitable activities | (18,533) | (3,895) |
| Total expenditure | (18,533) | (3,895) |
| Net income/(expenditure) | 10,077 | (3,385) |
| Net movement in funds | 10,077 | (3,385) |
| Reconciliation of funds | ||
| Total funds brought forward | 85 | 3,470 |
| Total funds carried forward | 10,162 | 85 |
This page does not form part of the statutory financial statements. Page 11
NCBF
Statement of Financial Activities by fund for the Year Ended 30 April 2022
Restricted Funds
| Restricted Funds | ||
|---|---|---|
| Income and Endowments from: Charitable activities Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Reconciliation of funds Total funds carried forward |
Total Restricted Funds 2022 £ 16,214 16,214 (16,214) (16,214) - - |
Total Restricted Funds 2021 £ - |
| - | ||
| - | ||
| - | ||
| - | ||
| - |
This page does not form part of the statutory financial statements. Page 12
NCBF
Detailed Statement of Financial Activities for the Year Ended 30 April 2022
| Income and Endowments from: Donations (analysed below) Charitable activities (analysed below) Total income Expenditure on: Charitable activities (analysed below) Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2022 £ 10,000 34,824 44,824 (34,747) (34,747) 10,077 10,077 85 10,162 |
Total 2021 £ 510 - |
|---|---|---|
| 510 | ||
| (3,895) | ||
| (3,895) | ||
| (3,385) | ||
| (3,385) 3,470 |
||
| 85 |
This page does not form part of the statutory financial statements. Page 13
Company registration number: 05315734 Charity registration number: 1111790
NCBF
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 April 2022
DAVID J EVANS LTD 1 Kirton Grove Solihull West Midlands B91 3NW
NCBF
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 10 |
NCBF
Reference and Administrative Details
Chairman Duncan Joseph George STUBBS Trustees Kevin COOKE Barrie Christopher JOHNSON Jayne Elizabeth ALLEN Steven LEGGE Simon PLATFORD Olivia Leigh WILD Duncan Joseph George STUBBS Secretary Kevin COOKE Registered Office 6 Colehurst Croft Monkspath Solihull West Midlands B90 4XQ Company Registration Number 05315734 Charity Registration Number 1111790 Independent Examiner DAVID J EVANS LTD 1 Kirton Grove Solihull West Midlands B91 3NW
Page 1
NCBF
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 April 2022.
Objectives and activities
Public benefit
To advance the education of the public in the appreciation of band music and in particular the education and training of people in the playing of band instruments by:
a) Promoting and encouraging the performance and presentation of music, particularly ensembles b) Raising awareness of standards in music making in all its aspects c) Providing training opportunities in musicianship, including conducting,composition and arrangement and
d) Organising and promoting festivals and events at which music ensembles can perform, receive critical appraisal, encouragement and training.
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.
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the trustees of the charity on 30 January 2023 and signed on its behalf by:
K Cooke
......................................... K Cooke (Jan 30, 2023 18:09 GMT) Kevin COOKE Company secretary and trustee
Page 2
NCBF
Independent Examiner's Report to the trustees of NCBF ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2022.
Responsibilities and basis of report
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of NCBF as required 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 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... David Evans David J Evans Ltd
1 Kirton Grove Solihull West Midlands B91 3NW
30 January 2023
Page 3
NCBF
Statement of Financial Activities for the Year Ended 30 April 2022 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income from: Donations 3 Charitable activities 4 Total income Expenditure on: Charitable activities & Governance costs 5 Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 11 |
Unrestricted £ 10,000 18,610 28,610 (18,533) (18,533) 10,077 10,077 85 10,162 |
Restricted £ - 16,214 16,214 (16,214) (16,214) - - - - |
Total 2022 £ 10,000 34,824 44,824 (34,747) (34,747) 10,077 10,077 85 10,162 |
Total 2021 £ 510 - |
|---|---|---|---|---|
| 510 | ||||
| (3,895) | ||||
| (3,895) | ||||
| (3,385) | ||||
| (3,385) 3,470 |
||||
| 85 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 11.
The notes on pages 6 to 10 form an integral part of these financial statements. Page 4
NCBF
(Registration number: 05315734) Balance Sheet as at 30 April 2022
| Note Fixed assets Investments 8 Current assets Cash at bank and in hand 9 Creditors: Amounts falling due within one year 10 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 11 |
2022 £ 1 29,199 (19,038) 10,161 10,162 10,162 10,162 |
2021 £ 1 9,853 (9,769) |
|---|---|---|
| 84 | ||
| 85 | ||
| 85 | ||
| 85 |
For the financial year ending 30 April 2022 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 4 to 10 were approved by the trustees, and authorised for issue on 30 January 2023 and signed on their behalf by:
K Cooke
K Cooke (Jan 30, 2023 18:09 GMT) ......................................... Kevin COOKE Company secretary and trustee
The notes on pages 6 to 10 form an integral part of these financial statements. Page 5
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
1 Charity status
The charity is limited by guarantee,, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 6 Colehurst Croft Monkspath Solihull West Midlands B90 4XQ
These financial statements were authorised for issue by the trustees on 30 January 2023.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
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)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
NCBF 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 nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
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. .
Page 6
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
Raising funds
These are costs incurred in attracting voluntary income.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
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.
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:
Fixed asset investments
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date.
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 discretion in furtherance of the objectives of the charity.
3 Income from donations
| Capital donations | Unrestricted funds General £ 10,000 10,000 |
Total 2022 £ 10,000 10,000 |
Total 2021 £ 510 |
|---|---|---|---|
| 510 |
Page 7
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
4 Income from charitable activities
| Participation fees Trade stand income Ticket sales Arts Council Funding |
Unrestricted funds General £ 17,167 1,443 - - 18,610 |
Restricted funds £ - - 5,019 11,195 16,214 |
Total 2022 £ 17,167 1,443 5,019 11,195 |
|---|---|---|---|
| 34,824 |
Page 8
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
5 Expenditure on charitable activities
| Note Adjudicator fees Volunteers expenses Organiser's fees Insurance Website maintenance Trade subscriptions Business Manager's fees Bank charges Venue hire Adjudicator fees Volunteers expenses Organiser's fees Website maintenance Printing, postage and stationery Subsistence Business Manager's fees Partnership coordinator Governance costs |
Unrestricted funds General £ 3,307 8,647 3,000 350 700 711 1,500 102 - - - - - - - - - 216 18,533 |
Restricted funds £ - - - - - - - - 6,827 1,005 1,693 333 600 1,298 458 666 3,334 - 16,214 |
Total 2022 £ 3,307 8,647 3,000 350 700 711 1,500 102 6,827 1,005 1,693 333 600 1,298 458 666 3,334 216 34,747 |
Total 2021 £ - - - - - - - - - - - - - - - - - 3,895 |
|---|---|---|---|---|
| 3,895 |
6 Independent examiner's remuneration
| 6 Independent examiner's remuneration |
||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Examination of the financial statements | 216 | 353 |
Page 9
NCBF
Notes to the Financial Statements for the Year Ended 30 April 2022
7 Taxation
The charity is a registered charity and is therefore exempt from taxation.
8 Fixed asset investments
| Investment - NCBF title 9 Cash and cash equivalents Cash at bank 10 Creditors: amounts falling due within one year Other creditors Accruals 11 Funds Balance at 1 May 2021 £ Incoming resources £ Unrestricted funds General 85 28,610 Restricted funds - 16,214 Total funds 85 44,824 |
2022 £ 1 2022 £ 29,199 2022 £ 13,782 5,256 19,038 Resources expended £ (18,533) (16,214) (34,747) |
2021 £ 1 |
|---|---|---|
| 2021 £ 9,853 |
||
| 2021 £ - 9,769 |
||
| 9,769 | ||
| Balance at 30 April 2022 £ 10,162 - |
||
| 10,162 |
12 Analysis of net assets between funds
| 12 Analysis of net assets between funds | |||
|---|---|---|---|
| Fixed asset investments Current assets Current liabilities Total net assets |
Unrestricted funds General £ 1 10,161 - 10,162 |
Restricted funds £ - 19,038 (19,038) - |
Total funds at 30 April 2022 £ 1 29,199 (19,038) |
| 10,162 |
Page 10
NCBF
Statement of Financial Activities by fund for the Year Ended 30 April 2022
Unrestricted Funds
| Total | Total | |
|---|---|---|
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| 2022 | 2021 | |
| £ | £ | |
| Income and Endowments from: | ||
| Donations | 10,000 | 510 |
| Charitable activities | 18,610 | - |
| Total income | 28,610 | 510 |
| Expenditure on: | ||
| Charitable activities | (18,533) | (3,895) |
| Total expenditure | (18,533) | (3,895) |
| Net income/(expenditure) | 10,077 | (3,385) |
| Net movement in funds | 10,077 | (3,385) |
| Reconciliation of funds | ||
| Total funds brought forward | 85 | 3,470 |
| Total funds carried forward | 10,162 | 85 |
This page does not form part of the statutory financial statements. Page 11
NCBF
Statement of Financial Activities by fund for the Year Ended 30 April 2022
Restricted Funds
| Restricted Funds | ||
|---|---|---|
| Income and Endowments from: Charitable activities Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Reconciliation of funds Total funds carried forward |
Total Restricted Funds 2022 £ 16,214 16,214 (16,214) (16,214) - - |
Total Restricted Funds 2021 £ - |
| - | ||
| - | ||
| - | ||
| - | ||
| - |
This page does not form part of the statutory financial statements. Page 12
NCBF
Detailed Statement of Financial Activities for the Year Ended 30 April 2022
| Income and Endowments from: Donations (analysed below) Charitable activities (analysed below) Total income Expenditure on: Charitable activities (analysed below) Total expenditure Net income/(expenditure) Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Total 2022 £ 10,000 34,824 44,824 (34,747) (34,747) 10,077 10,077 85 10,162 |
Total 2021 £ 510 - |
|---|---|---|
| 510 | ||
| (3,895) | ||
| (3,895) | ||
| (3,385) | ||
| (3,385) 3,470 |
||
| 85 |
This page does not form part of the statutory financial statements. Page 13