Chartty Roglstratlon No. 1144958
Company Regijtration No. 07364024 {England and Wales.
PERSHORE MIDSUMMER BRASS LIMItED
TRUSTEES. REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
•4￿￿151FT.
1211112022
COMPANIES HOUSE
A15
#194

PERSHORE MIDSUMMER BRASS LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Honornry Pr•sidMt
G￿ HarUey.Bennett
P•laTshall Faize
J¢)hn West
Ann Vthite
Commlttee n￿be
Faye Cuddy
Marshall Fai
Peler Fa￿ell
Heather License
Kath￿ine Ne*m
{appointed 18° January 20221
{appointed 18 January 20221
(app￿nted 18* January 20221
{apposnted P June 20221
{appoinled 18" January 20221
{appoinled 18 January 20221
Jane Richafdson
SIM￿ Rithards
Elsie West
John Wesl
Ann
Valene
{appointed 1￿ January 20221
Company secretary
Andrew Smtth
Chatity numbei
11449S8
Company numb•r
07364024
RegOster•d' i)fr￿e
79 NevA8nds
PerstrKJre
Worcestershire
V4T110 18P
8ankefS
Lltyds Bank
19 High Street
Evesham
Worcestershire
WR114DQ

PERSHORE MIDSUMMER BRASS LIMITED
CONTENTS
P•ge
T￿￿$. rewrt
Slalemenl of trustees. reSp￿￿1b1I￿.eg
Statement of financial 8ctivrt￿s
Balance sheet
Noles to the accounts
7-12

PERSHORE MIDSUMMER BRASS LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
The Irustees preseni their report and accounts for the year ended 31P September 2022.
The accounts have been prfjpared in *corda￿e with the acccHJnting Fdicies set out in note 1 to the accounts and
comply with the charitable company's memora￿l￿m and Artides Of Asswation, ￿ Companies Act 2006 and
'AcC(￿n￿.￿g and ReP￿Ir￿j by Chariti'es.. Statement of Recommended Practice applKalle to charibes preparing their
accounts in accordance with the FinancTral ReF￿ling SlarKlard applicabte in the UK and Republic of IrelaTrJ IFRS
1021- (as amended for accwnkn.ng pen￿lS c￿mMenDr￿j Ir￿n 1 J￿Uary 20191.
Objective5 and activities
The charitable comparby's owts are lo promote the art ofbras5 bwKI Mu￿. part￿l8rfy. but nol exdusively. though
the organising and staging of a brass barKI mwc fesb"val.
The poliaes adopted in fijrtherance of tr￿se ot4.ects are to organise an annual brass band festival in Pershore. as
well as organising other ad hoc Sm￿1 scale bras5 barKI events.
Public benefit
The trustees confim that they have t￿M￿led V•th the duty in section 17(5) of the Charities Act 2011 to have thle
regard to the Chaiity commi￿on'$ genwal guidance on public benefft.
Achlevements and perfomiance
Followng the COVD-19 OLrtbreak in the UK. the ènr￿1 Pershore Midsummer Brass Festival retumed fc4lowing 2
years where the annual festival was called off. Ho*e¥er. because at the time that ￿annIng on the annual festival
started. there was uncertainty as lo wbal lock¢Jown procedu￿ wwld still be in effect at the time of the fesb"val. The
trustees therefore made the decison to only hdd the evenl using outdoor venues, being The Aryel Inn and Postsng
House and The Star Inn and tree performartss given at Chapman Court. Pershtsre Abbey, ¢)ne ofthe MO￿ popular
venues in previous years. was not usetl. In adthti¢M, only 24 brass bands attended this year Compa￿ to 30 brass
bands attendirttJ in 2019. wlh e* brass baTrJ perfonning a single perforn7an￿ ￿OL compared to 2019 where most
brass bands tAayed two shorter perfomwrKe slots.
Not including free tKkets issued to barKls. Vdunteers wvj other key siworteTS i)f Ihe e¥en(380 t￿et5 were sold
Compared to 599 ts"ckets sokl in 2019. The fall in tscket sales is attn"buted to bad weather on the day of the
festival where all the performances thwe outgde this year, the redueed progrnmme aTra a150 as a large proportion
of the aLKlience in previous year were eldedy persons it is assumed some may have sfill been social distancing at.
the time of the festival.
The aLrtumn concert undertaken in years piior to the pandemic not go ahead this yw as lod(down procedure$
had not been lifted * that ts'me.
Fln•nclal review
Total income from the annual Pershore Midsummer Brass Fesliva was £4.419. compared lo the £7.740 received
from the previous annual event in 2019. HTh¥ever. Ihe fall in income is attributed to a reduced wogramme arKI othèr
effect5 of Ihe COVD-19 outbreak, as well as bad weather di5￿uraging aUdIe￿e atteTrlan¢e.
The unrestricted fvnd reseryes at year end were £6.25212021- £6.269}.
ReseNes policy
It is the wlicy ofthe organisats.on that unrestricted funts 5￿uld be maintained at a le¥d to ensure that costs inCUr￿d
in setting up the annual festival can be met Fxwto being recuperated from generated durir¥J the festival, as
well as ensuring that there is suffioent fvnds for a cash float on the day.
Page 1

PERSHORE MIDSUMMER BRASS LIMITED
TRUSTEES. REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
This year lotsl annual festiva exFeTrJiture tKJs £7.769 {2021 - £rMII. of whith £2.4￿ (2021 - £nil) related lo brass
ban(J perfomance fees paid after the event. Assuming a eash float of £1.CMJ) needed for the everrt. this would
indicate a larget reserve levd of £6,369 Compared lo an actual reserve level of £6.252. However. this yearfs annual
festival had a reduced programme Compared to previous years and yeafs annual festival costs are expected
to higher than this year.
At the year end unrestn.cted reser¥es held are c¢￿￿￿￿ed to be at a levd cowstent wth thbs reseNes policy.
Inve5trnent policy
The trustees have Ihe p￿er to invest n suth assets as Ihey see fit.
Risk manag•menl
The trustee has assessed the maiN risks to v*hich the cthari¢able c¢Thpany is expM)sed. and are satisfied that Systems
afft in place to mibgate exposure lo the major risks.
The tsggesl risk to the charitable company is considered to have been lh8 need to attract sulTraent audience numbers
. lo Pershore Midsummer Brass Festival as lo finartt the festival thTough ticket and programme sale, although this risk
has increased due to the COVIO-19 oUt￿k as a large prcyortiw Ofal*then￿ members of past events were over 60
years of age.
Fubjre plans
Pershore Midsummer Bra55 Fe5tiv* is expe(led to go aW in 2023.
The trustees. have made the decisi￿ to convert ts tharitable ￿1panY into a charitable inwrporaled organisation.
atthough this is subject to ¢Jbtsining pemission to do so fmm Chanty Com￿$$1(￿.
Structure. governance and rnanagerngnt
The charitable company was incorporated as a compwry h'mited by warantee on 2rrtl SeMember 2010.
The eharitable company is govemed by its Memorandum arKJ A￿"¢leS of Asswation as amended on 7th April 2011
and 18th November 2011. vthich es1*iS￿ the.owts and p(h¥ers of the Ch￿table comp￿.
The trustees. who are also the dire(knts the wrpose ofcompany Iw*, and 7*ho served during the year were..
M¥shall Faizey
John Wesl
Ann ￿rte
None ofthe trustees has benefioal interest in ts company. Al of the Ir￿5 are membws of the company and
guarantee to ￿nthbute t1 in Ihe evenl ofa windiry w).
The charitable C(￿panY is run by a commrttee. from tr* trustees a￿ chosen trom and delegate day lo day
management of the charitable company to. There are now 5 committee members linduding the trustees) in the year.
The committee meets regulafiy lo decide and monitor the at*vitses of Ihe charitable company. A quorum of 4
committee membets is required al commrttee meetings.
Page 2

PERSHORE MIDSUMMER BRASS LIMITED
TRUSTEES. REPORT (CONTINUED) (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
The ¢ommittee membws who seNed during the yw *we:
Faye Cuddy
Marshall Faizey
Peter Farrell
Heather License
Katherine NeI￿￿n
David Peters
Jane Richardsc
Simon Richards
Elsie West
John Wesl
Ann White
Valerie w0￿j$
(app￿nted 1&h January 20221
{apwnted 18th January 2022)
{apptynted 18th January 20221
(appointed 7th June 2022)
{appoinled 18th January 20221
(appoinie(118th January 20221
(appointed 18th j￿Uary 2022)
New committee members a￿ apwnted by the current eommritee M￿be19 based ￿ personal rec4Jmmendab"ons.
The committee members receive any training deeTr￿d approwiate at c(xnmittee meetsngs.
The wnmittee members usualty meets every monlh and more frequenty in the run up to the event. although during
the Cov1￿19 outbreak when such meeting5 coukl not go alwd, decision5 that require committee member approval
were discussed by way of ph)ne or ￿all correspcK¥Jence.
This report has been prepared in accc*dance with t￿ special prov[SK￿ relab.ng to small companies vthin Part 15
of the Companie5 Act 2006.
On behalf of the board of tnjstees."
John West
Trustee
Trustee
Dated. . ..l.':.Ii :.K
Page 3

PERSHORE MIDSUMMER BRASS LIMITFD
STATEMENT OF TRUSTEES. RESPONSIBILMES
The trustees, are also the directors of PersI￿e mid￿mer Brass Limited for the pU￿ose of cunpany law.
are responsible for preparing the Trustee5' Rewt and aecounls in accordancewth applicable l••varnl Unjted
Kirgdcyn Accounbng St*Klards (United I￿"ngd￿n Generally Aecepted Accounkn"rKJ Prath"ce).
Company law requires the trustees to prepare accwnts for each financial year ¥thich give a true and fair view of
the state of affairs of the charitabte company and of ts incoming resources and application of reSoU￿e$,
induding the income and expenditure. of the charitable company tr Ihat year.
In preparing these a¢counts. the trustees are required to:
select suitabk x¢0￿￿Ing *KI then appty them ¢￿sISten￿Y.'
obseNe the metrths and pnrtiples in the chaiiti.es SORP (FRS 1021..
make judgements and eslimates that are reasonable aThJ prudent,. and
prepare the a¢￿unt5 on the going con¢em basis unless it 1$ wppropriate lo presume that the charitable
ompany VMII contsnue in opwabon.
The trustees are responsible for keeping adequate accounting records disclose with reasonable accuracy
at any lime the financial position of the charitable comp8ny and enable them lo ensu￿ that the accounts comply
with the Companies Act 20L%. They are also resw)nsible for safeguarding assets of the charitable company
and hence for taking ￿aSOnable steps for the prevention and detectron of fraud and other irregularities.
Page 4

PERSHORE MIDSUMMER BRASS LIMITED
STATEMENT OF FINANCIAL ACTMTIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 SEPTEAIBER 2022
Unrestricted
2022
Total
2021
omln
Donations received
Charitsble activities..
Pershore midsumm￿ Brass Festival
Other trading income
Investment ir￿orne
1635
4419
697
Tolal 5n¢ome
7.752
Ex
ndl
Charitable a¢tbvib'e$.'
Pershore midsumm￿ 8rass Festival
7.769
10
T¢)tsl expendlturn
7.769
10
Net incomel{expenditurel lor the ytarf
Net mo¥om•nt in funds
{171
Fund balances at 1 Cktober 2021
62S2
6,278
Fund balances al 30 Seplember 2022
6.269
6,269
The statement of financtal adivibes irtludes all gains arKI k>sse5 recognised in the ye*.
The statement of fi￿n081 &bvibes *so complies with the requremerts for an income and expenditure a￿Unt
under the Companies Act 2006.
Page 5

PERSHORE MIDSUMMER BRASS LIMITED
BALANCE SHEET
AS A T30 SEPTEMBER 2022
2022
2021
Current assets
Cash at bank and in hand
6.252
6.269
6.262
6,269
Total net assets
6.252
6.269
Income funds
Unrestricted funds
6.262
6,269
6,252
6,269
The company is entitled lo the exemptiw from the audit requirement contained in section 477 ofthe Companies
Act 20C6, forthe year ended 30 September 2022. No ￿￿rnber ofthe company has depo*led a nots"ce. pursuant
to section 476. requiring an audit of these &C￿nts.
The directots aL*ncNAedge th*"r wsth"lilies for wffAJring Ihat the ￿mPanY keeps acc¢xrting records which
comply wth section 386 of the Act and for prepariry accounts vthich give a tiue and fair view of the stale of
affairs of the company as al the erKI of the financial year and of its incoming resc*Jrees and application of
resources. including its income and experKliture, for the finawal year in accordance wrth the Tequirements of
sfjctions 394 and 395 arKI which olhepmse V•th the requrements ofthe COM￿*$ Ac* 2006 olaling to
accounts, so far as applicable lo the company.
These accourrts have been prepared in accordance pwsions appIl￿ble to companies subiecl to th8
small companies. regime.
The accounts were approved by the Board w.... . . .
Lz
West
Trustee
Ann Vthrte
Trustse
Company Reglslratlon No. 07364024
Pag8 6

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Acc(wntOng pollcies
Statulory InfornHti¢
Pershore Midsummer Brass is a private company lin¥ted by guarantee irwrporated in England and Wales.
The registered office is 79 NvAlands. PersfKrfe. v44)rceStetshi￿. WR10 1BP.
1.1 Accountlng conv•nlk>n
The financial statements ofthe cth8rrt￿e CoMp￿y. *thich is a P￿1¢ benefii entity und¥ FRS 102, have been
prepared under the hist¢*ical cost Conventi￿ in accwdarKe the Financial Repo￿"n9 Standard Applicable
in the UK and Republic of Ireland (FRS 1021. the AccountirKJ arKI Rep)rbng by Charities.. Slatemenl of
Re￿Mrnended Practice applicable to chanties preparirthJ their accounts in accordan￿ wth the Financial
Repth'ng Standard applicab￿ in the UK arKI Republic of Irda￿1 (FRS 102) (Charities SORP IFRS 10211. the
Charities Act 2011 the Compa)ies Act 20￿.
The charitsble company taken att4anlage of the provisions in Charities SORP {FRS 1021 not to prepa
a Statemenl of Cash Fl(r•￿ avalthe to chanties that &e not law chan¢￿.
The accounts are wepared in sterting. wtwch is the f￿¢*Onal cuffency of the dwritable company. Monetary
amounts in these finarKi* slatements are to trle nearest £1.
1.2 Charltsble funds
Unrestricted fvnds are avalable for use at tt* discretK)n of the trustee in furtherance of their charitable
'objectives unless the furKls have been de*"gnated otlw wrposes.
Restrictgd fvrKls ￿ suL¥ect to sF*ufie eorKlilicrn by don(Ks as to h¢>w tr*y may be used. The pw)oses and
uses of the restricted fijnds are set out in the Th)tes to tr* acc(￿nts.
1.3 Incoming resources
Income is recognised t*then the charilalk company is legally entit￿ to il after any perfomiance condilic
have been met. the amounts be measured rdiably. and rt 15 probable that InC￿e will be received.
Grants related Io Ferf0￿￿an￿ WKI specific ddiverables are accounted for as the thaiitable company eams
the right to consideration by its pErformarKe. irtsxme is Tthved in athance of Its recognllion it is
deferred and included in credrtots. Ifyfrere enbtlement occ￿T$ before income being receNed the income is
accrued. Capilal grants ¥e acc(xrted for as income as SIX￿ as tw are receivable.
Donated facilities and seryices received ts the chomat4e ￿mpanY5 cw LW wthich it would ¢)therwise have
pu￿hased are reeognised in ine4)me during the period in vthich such seNices are receNed, provided the value
of the gift can be measured rehably.
The chantable company benefits from the c(xrtribubon of unpaid gerwal vdunteers in carrying wt their
actiwties. However, it is consdered imwactul for tsir conlrilxrtton to be measured reliably for aecounling
purposes. Given the absence of a relith measurement basis, the contribution of genera volunteers 1$ not
recognised as ineome.
Page 7

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
1 Accounting policles {¢onlinued)
The chantable comparry re￿Ived thnated gc*)as to be as rAues at raffles and tombolas. However, il is
considered Impractical forthe value of suth goods to be measured r￿la￿Y foraccounting purp)ses. Given the
absenee of 8 reliable measurement basis, donated gwds recEi¥ed to be Ltsed as prizes is not reC￿)niSed as
income. Income r￿e1ved from lombolas is recOgn￿e￿ as trading income on receipt in exchange fr)r an
imme(*atg chance to win d￿ted prizes for t(Mn1￿1a5 at the brr* of draw for raffies.
Tumover is measured at the fair y￿ue of the coNderatron received or Teceivabk a￿1 represerrts amounts
eivable for gc(rfJs Serv￿ yo¥thd in Ihe normal cwrse of Iwsinessl
1.4 Resources expended
Liabilities a￿ recognised as expenditure as soon as there is a legal or c£Jnstructs¥e obligation c(Mnmittin9 the
charitsble company lo that expendI￿re. it is prcthble that a transfer of economK benefits wll be required in
settlement and the amount of the obligation can be measured reliably. Expendtture is accounted ts on an
accruals basis and has been daswfied under l￿dIr￿S that a99regate all cost related to the category.
Expendifvre is Ststed inclusive of irreeover8tAe VAT. vthe￿ costs cannot be directly attributed to particular
headings. they have been alkxated to activtties ￿ a basis conwstent with the use of resour￿5.
Costs of charitable xtivities comwise 011 costs identified as or mainly attributable to achieving the
charitable ct*jects of the tharrtat￿e company, induding the costs of disseminatsng infom7at￿ in support of
charitable a￿'v￿"e$. These costs i￿ude staff costs. ¥h)olly ￿ mainly attribulable SUPF*Yt ¢x>sts and an
apportionment of general overheads.
1.5 Cash and cash ¢qul¥•l8nts
Cash and eash eq￿valeftts include cash in ha)d, depc&ts hebd at b￿ks. ￿her short-term Iw4uid inveslirents
with ongin81 maturities of three or less. bank overdrafts. ￿ urferdrafts are shown within
boirowings in current lialylities.
1.6 Financl•l instruments
The chanta￿e company has elected to apply the provis(￿ of Section 11 'Basic FinarKial Instruments. and
Seth"on 12 '0ther Finanual Irthjmerts IssLES' of FRS 102 tt) all of its financial instNmerits.
Financial instruments are recognised in the charitat4e companVs balarte sheet when th.e charitable company
becomes party to the contractual provigcw ofthe irtstrument
Finanaal assets and IMbthkn"es are oifset. wrth the r*t amounts presented in the financaal slatements. when
there is a legally enforceaLle nght lo set off the fecognised 8m(KJnts and there is an intention io settle on a net
basis or to reatise the asset and settle the ￿ats1￿.ty wmull￿l￿y.
Ba¥lc financlal assets
Basic financial assets. wthich include debtors and cash and bank balanees, are inth.alty measured at transath'on
pnee I￿uding transaction costs and are subseqLEnty carried at amortised cost usiThJ the effective intere51
method unless the a￿angement constitutes a finaThing transaction. wthere Ihe transaction is measured at the
kyesent value of the fulure receipts discounted at a mwkei rate of interest FinaneAal assets cL3SStfied as
receivable within one year are not arniyb"sed.
Page 8

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
AGcountlng policles IcoDllnued)
Baslc finan¢i* liabilili•s
8asic finan(aal liabilities. induding credit¢)ts and bank loans are In￿"al￿ recognised at transaction price
unless the arrarvjement consththes 8 financTng transath"on. where the debl instrument is measureil al the
present value of the luture payments dis£tyJnted at a market rate of interest. Financial liat4.1ilie$ ¢13$sified
as payable wthin one year are Tr)t am¢ylised.
Debt instruments are gjbserywuy wied al amorbsed using ts effective interest rate method.
Trade creditors are obl￿atIc￿$ to pay for gothjs or ser¥￿eS that have been xquired in the ordinary course
of operations from yjppliers. Amounts payable a￿ classffied as current liatj'lities if payment is due ¥wthin
one year or less. If Th)t. they are presented as rwurrent liabilities. Trade cr&Xilots are recognised inib.ally
at transaction price and Subseq￿ measured at amorttsed Cost usirvJ the effecaive interest melhcKI.
Financial liabilities are derecognised *then Ihe charilable company's CLYrtra¢tual obligations expire or are
discharged or carKelled.
Crftlcal accountlng esllm•ts¥ and Judgements
In the applKation of the charitable compan￿$ accounting policies. the trustees are required to make
judgemenls, estimate5 and assump110r￿ aboul Ihe eaffying amount of 8ssets and liabilities that are not
readily apparent Irom other sLxJrces. The esb"males and asswate(l asSUmpt￿n$ are based on historical
experience and othw factors Ihal are C¢￿1{￿ to be re18vant. AL1ual re$￿ts may differ from these
estimates.
The eslimales aTrJ undedying assumpbons we ￿le4￿j on an ongoirvJ basis. RevisK)rts to accounting
eslimales are recognised in the Feric¥J in the estimate is revised where Ihe revision affects only Ihal
period. or in ts period of the revision and future periods where the revision affeets both current and future
periods.
Non4apitallsadon of equipment
The followng items purchased. arKI sltll by Ihe charilable company have beeTt expensed in the year
of purchase, as Ilw are not considered tarvJible fixed assets:
TKket boolh purthased in 2012 for £717
Music sland$ purcha¥ed in 2013 for £495
Marque purchased in 2014 for £1.400
Ausic stands purchased in 2016 for £720
Public address sy*em purchased in 2017 for £610
qusic stsnd bags purchased in 2018 for £300
Gazebo purchased in 2019 for £299
Pa9e 9

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Donatlons recelved
Tolal
2022
Total
2021
Donations
Grants receivable
The Elmley FwrKlalion
chavon District COU￿11
Pershore Chamber of Commerc*
65
1,000
1.000
S70
2.635
Incomè from charltable actlvliles
Total
2022
Total
2021
Pershore Midsummer Brass
Ticket sales
Programme sales
Adverhsing and sportsorship
1.206
Totsl Incom• from chartable actlvltles
4,419
Income from tradlng actlvths
Total
2022
Total
2021
Tombolas
697
Investment income
Totsl
2022
Tolal
2021
Bank inlwesl recwvable
Page 10

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THÈ ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2022
Charltable actlvltles
2022
2021
Aclivilies undertaken diTecty- Pwshore Midsummer Brass Festival
Supwt cosls- Petsh￿e Mhlsummer Brass Fesbval
7,166
603
10
7.769
10
Exp•ndlture on ¢haritsbl* I￿1VIlla$- dirnct costs
Totsl
2022
Totsl
2021
Costs relaling to Pefshore PAldsummer Brass costs conykne:
Biass ba￿j perfonnance fees
Marquee and equipment hire
Pro9ramme V4YiStband printirvj costs
Event insurance
First aid costs
Perfomiing RI￿ Sooety
2MOO
3.318
472
300
121
169
Totsl expenditure on direct costs
7,166
Expendlture on ¢harllable actl¥it1￿- support costs
Tolal
2022
Totsl
2021
Event advertigng
Website Costs
Postage and stationery
552
12
10
10
10 Trustees
N¢)né of the trustees (or any perwns t￿1) received any remuneralion during eilher the
urrent year or the previ¢)us year.
None of the trustees were reimbu￿￿ expenses in ther the cuffent year cy the ￿10￿$ yew.
11 Employees
There V*ere no employ&s dunng either the currert or previ(ws years.
Page11

PERSHORE MIDSUMMER BRASS LIMITED
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30..SEPTEMBER 2022
12 Related party tranwtrons
The charitable compwy had no rdated paty Ir￿SaCkn in eiiher the cuThert or previLW financial years.
13 Member8 Ilablmty
Each member of Ihe tharI&￿Ie company lththo are the trustees of the tharitable tompany} undertakes to
ontribute to the assets of the company in the event of it teing wound up while helshe is a member. or
vmlhin one year after helshe ceases to be a memter, such amount as may be required. not exceeding £10
for the debts and l￿bIl￿"eS c(xtsaaed helshe ceases tt> be a member.
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