Blackburn & Darwen Band Annual Financial Report 2023-24
Total income for this year is £38.1k v last year a significant increase of £12.3k
There was a large increase in donations compared to the previous year which in the main was due to two additional donations from the Lloyds Trust which enabled us in the first instance to extend their bandroom. This was because the numbers in the Junior Band had increased and the bandroom was getting far too small. Despite the large investment in renovation of the bandroom, it was still a successful year financially with the March contest once again attracting many bands and increasing the income from £6.7k to £7.6k. They also had an increased profit from engagements from £6.9k to £10k, an additional £3.1k and they saw a rise in donations from £4.1 to £17.1 that will no doubt be of benefit to the organisation.
Total expenditure for this year was £40.7k v last year of £48.4k a decrease of £7.7k. The bandroom renovation was a significant expense of £7.8k and the introduction of travel expenses for volunteers/players cost the band a further £6.2k.
The total income less expenditure for the year is - £2.6k v last year of £22.6 a decrease of £20k
Despite the loss the Band finished the financial year in a strong position. They made a real impact on the local community at Christmastime by offering 300 free tickets to disadvantaged families within the Borough to watch a screening of The Snowman with a live brass band accompaniment. This was a huge success and their aim is to make this an annual event. Concerts, both inside and out, are being organised in Darwen to further develop their links with the local community and this was most evident at Christmas when the Band played at several care homes and at a carol singalong in Sunnyhurst Woods.
The March and Hymn tune contest continues to attract bands from all over the North of England. It is fast becoming an important contest date in the brass band calendar and despite the time needed to organise such an event it is very much appreciated.
The Junior Band continues to grow. Several new players have been added and only one was lost to university. The standard, both individually and collectively, is progressing well and with a good supporting team (parents) offering help the future continues to be bright. Several good quality instruments from the main band are now being used which helps facilitate an increase in quality.
| 202122 | 2022-23 | Income | 2023-24 |
|---|---|---|---|
| 36563.51 | 4090.30SponsorshipandDonations |
17148.39 | |
| 0.00 | 100.00PrizeMoney | 100.00 | |
| 2669.81 | 6946.48Engagements | 10034.92 | |
| 1278.92 | 155.00Merchandise/BonusBall |
682.00 | |
| 0.00 | 6967.27FundraisingandJubileeConcert | 329.33 | |
| 8.00 | 0.00 Sundries |
6.05 | |
| 5800.00 | 6682.00 March Contest | 7586.95 | |
| 0.57 | 5.35Interest -Investmenta/c |
0.00 | |
| 0.00 | 0.23 |
Interest -Savingsa/c | 1.32 |
| 0.00 | 900.40HMRCCharityGiftAid | 2230.03 | |
| 46320.81 | 25847.03 | 38118.99 | |
| Expenditure | |||
| 5970.00 | 6100.00 | M.D.'sExpenses | 6500.00 |
| 6555.95 | 17556.65 Instruments - PurchaseandRepair | 840.68 | |
| ContestExpenses: | |||
| Travel/Hotel | 4197.66 | ||
| Guestplayers | 200.00 | ||
| EntryFees | 1250.00 | ||
| Rehearsal Rooms | 25.00 | ||
| 4274.00 | 6636.48 | 5672.66 | |
| 30.00 | 20.00 | TravelExpenses | 6152.27 |
| 133.44 | 232.41 | VWebsite,Muzodoetc | 290.27 |
| 90.97 | 436.43 | Music | 259.04 |
| 125.40 | 909.00 | ConcertExpenses | 1648.64 |
| 955.99 | 684.79 | Sundries | 824.42 |
| 1173.53 | 1020.98 | BrassBandInsurance andBBRegistry | 1524.58 |
| 3817.70 | 4444.20 | March Contest | 3245.56 |
| 1166.66 | 5627.28 | Uniforms/Rent | 1541.17 |
| 0.00 | 3960.00 | JubileeConcert/Snowman | 3571.01 |
| 830.00 | 800.00 | BonusBall | 850.00 |
| 15558.00 | 0.00 | Instrument allocation/BandroomRenovat | 7794.27 |
| 5639.17 | -22581.19 | Addexcessincome/Lessdeficit | -2595.58 |
| 46320.81 | 25847.03 | 38118.99 | |
| BalanceB/F06/04/23 | 13714.44 | ||
| Less deficit | -2595.58 | ||
| Balanceat06/04/24 | 11118.86 | ||
| Representedby: | |||
| CashinHand | 627.16 | ||
| CashinCurrentaccount | 4617.61 | ||
| CashinInvestment account | 5748.68 | ||
| Total CashinInstantSavingsaccount |
125.41 11118.86 |
||
| Ihaveexaminedtheabove | IncomeandExpenditureaccountfortheyear | ending6thApril2024 | |
| andcertifyittobecorrectaccordingtothebookspresentedtome. |