Pemberton Old Wigan DW Band Annual Financial Report 2022-23
Total income, including bar income, for this year is £32.2k v last year of £97.7k, a decrease of £65.5k.
Last years figures were inflated due to a large £60k sponsorship, a number of Covid grants, plus a substantial backdated gift aid claim of £15.7k. It is also worth noting that this year is the first full year of activities since 2019-2020.
The bar made a profit of £3.4k however this figure may include some special events or concerts held at the bandroom. Fundraising events such as the Blowathon and Fancy Dress party raised over £2k, and the organisation received donations of £4.7k and grants totalling £1.8k. Walks and concerts generated income of £10.3k this year v £2.6k last year. The B Band also brought in £750 prize money for the Nationals in 2022.
Total expenditure for this year is £49.8k v last year of £36.1k, an increase of £13.7k.
Costs of activities this year are, for obvious reasons, much higher than in the previous few years. Contest costs of £16.9k includes £6.2k for the A Band’s Scottish Open trip and £6.6k for the B Band to represent the North West at the National Finals.
Overheads increased by £5.2k from last year to £17.8k, mostly due to an increase in repairs costs for the bandroom. There was also a £9k spend on new stage lights however this has been capitalised in the balance sheet to be depreciated over a number of years.
Band charges increased by £8.3k to £20.8k this year. Conductor costs increased by £5.6k due to a full year of activities being undertaken, and there was an increased spend on instrument repairs and uniforms. New instrument spend of £4.8k was also capitalised.
Overall in the year, the organisation has expenditure of £45.5k greater than the income brought in. However when taken into consideration that last years surplus was £54.5k, this gives a net surplus of £9k over the two years combined.
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages Responsibilities and basis of report |
Pemberton Old Wigan Brass Band | Pemberton Old Wigan Brass Band | Pemberton Old Wigan Brass Band |
|---|---|---|---|
| 31stMarch 2023 | Charity no (if any) |
1123788 | |
| 1 – 10 | |||
| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023. As the charity's trustees, 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 Trust’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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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• the accounts did not comply with the applicable 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 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.
Signed: Date: 13[th] January 2024 Name: Rhiannon Grant Relevant professional MAAT qualification(s) or body (if any): Address: 34 Kellet Avenue Clayton-le-Woods PR25 5TE
Oct 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER