Charity number: 1168556 Company number: 09736878
(England and Wales)
Foden's Band
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2024
Foden's Band Contents Page For the year ended 31 December 2024
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 10 |
| Detailed Statement of Financial Activities | 11 to 12 |
Foden's Band Report of the Trustees
For the year ended 31 December 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2024. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Foden's Band Charity registration number 1168556 Company registration number 09736878 Principal address 46 Newtons Crescent Winterley Sandbach Cheshire CW11 4TS
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Chris Finnigan Mark Greaves Alison Graham Gill Merry Stuart Geoffrey Secretary Mark Wilkinson Independent examiners David Nugent & Co Limited The Counting House 4A Moss Lane Swinton Manchester M27 9SA
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 16 September 2025 Mark Wilkinson
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Independent Examiners Report to the Trustees
Foden's Band
For the year ended 31 December 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners 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 that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 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 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
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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 Nugent
FCCA David Nugent & Co Limited The Counting House 4A Moss Lane Swinton Manchester M27 9SA
16 September 2025
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Foden's Band
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2024
| Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Charitable activities 4/5 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 158,541 1,607 160,148 (163,914) (163,914) (3,766) 168,593 164,827 |
2023 £ 175,254 1,738 |
|---|---|---|
| 176,992 | ||
| (166,292) | ||
| (166,292) | ||
| 10,700 157,893 |
||
| 168,593 |
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Registered Number : 09736878
Foden's Band Statement of Financial Position
As at 31 December 2024
| Notes | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 11 | 56,683 | 59,787 |
| Investments | 12/13 | 40,992 | 40,992 |
| 97,675 | 100,779 | ||
| Current assets | |||
| Debtors | 14 | 203 | 10,447 |
| Cash at bank and in hand | 70,017 | 59,482 | |
| 70,220 | 69,929 | ||
| Creditors: amounts falling due within one year | 15 | (3,068) | (2,115) |
| Net current assets | 67,152 | 67,814 | |
| Total assets less current liabilities | 164,827 | 168,593 | |
| Net assets | 164,827 | 168,593 | |
| The funds of the charity | |||
| Unrestricted income funds | 16 | 164,827 | 168,593 |
| Total funds | 164,827 | 168,593 |
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
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records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Chris Finnigan Trustee
16 September 2025
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Foden's Band Notes to the Financial Statements
For the year ended 31 December 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Foden's 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 note(s).
Going concern
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Instrument's 5% Reducing balance Computer equipment 15% Reducing balance Furniture,fittings, tools and 15% Reducing balance
2. Income from donations and legacies
| Unrestricted funds Donations received Legacies received Grants received Gifts in kind Donated goods and services |
2023 2024 £ £ 74,889 66,841 53,784 62,268 20,430 7,500 7,829 11,060 18,322 10,872 175,254 158,541 |
|---|---|
3. Investment income
| Unrestricted funds Income from listed investments |
2024 £ 1,607 1,607 |
2023 £ 1,738 |
|---|---|---|
| 1,738 |
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Foden's Band
Notes to the Financial Statements Continued
For the year ended 31 December 2024
4. Costs of charitable activities by fund type
| osts of charitable activities by fund type | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Unrestricted funds | ||
| Activity 1 | 55,758 | 69,693 |
| Support costs | 108,156 | 96,599 |
| 163,914 | 166,292 |
5. Costs of charitable activities by activity type
| Activities | Support | 2024 | 2023 | |
|---|---|---|---|---|
| undertaken | costs | |||
| directly | ||||
| £ | £ | £ | £ | |
| Support costs | ||||
| Activity 1 | 55,758 | - | 55,758 | 69,693 |
| Activity 2 | - | 108,156 | 108,156 | 96,599 |
| 55,758 | 108,156 | 163,914 | 166,292 |
6. Analysis of support costs
| Activity 2 Other office costs Legal fees Insurance Subscriptions & registration fees Hall Hire Cd's & Music Equip Repairs Accountancy |
2024 £ 21,738 3,104 942 566 73,457 5,006 1,154 2,189 108,156 |
2023 £ 24,917 3,289 950 5,616 55,557 3,194 1,340 1,736 |
|---|---|---|
| 96,599 |
Management & support costs, relate to the profit on disposal of assets, as a result of the insurance claim made.
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Foden's Band Notes to the Financial Statements Continued
For the year ended 31 December 2024
7. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Depreciation of owned fixed assets | 3,104 | 3,289 |
8. Staff costs and emoluments
Total staff costs for the year ended 31 December 2024 were:
| Total staff costs for the year ended 31 December 2024 were: | ||
|---|---|---|
| Salaries and wages Support Staff |
2024 £ 50,922 50,922 2024 0 0 |
2023 £ 48,515 |
| 48,515 | ||
| 2023 0 |
||
| 0 |
9. Trustee remuneration and related party transactions
During the year, a number of transactions have taken place between the charity and the trustees and senior management team. The trustees consider thatm in certain circumstances, it is in the interests of the charity for the trustees to use the services of the charity's social enterprises rather than use alternative suppliers.
During the year, sales of £33,844 were made by the subsidiary to the trustees/senior management in this respect. At the year end £Nil was outstanding.
In addition, advance payment of £2,487 was made by senior management in respect of services received since the year end.
10. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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Foden's Band
Notes to the Financial Statements Continued
For the year ended 31 December 2024
11. Tangible fixed assets
| Instrument's | Furniture,fitti | ||
|---|---|---|---|
| Cost or valuation | ngs, tools | Total | |
| and | |||
| £ | £ | £ | |
| At 01 January 2024 | 74,965 | 1,779 | 76,744 |
| At 31 December 2024 | 74,965 | 1,779 | 76,744 |
| Depreciation | |||
| At 01 January 2024 | 16,324 | 633 | 16,957 |
| Charge for year | 2,932 | 172 | 3,104 |
| At 31 December 2024 | 19,256 | 805 | 20,061 |
| Net book values | |||
| At 31 December 2024 | 55,709 | 974 | 56,683 |
| At 31 December 2023 | 58,641 | 1,146 | 59,787 |
Investments
12. Analysis of movement of commercial investments
| Market value at 01 January 2024 Market value at 31 December 2024 |
Listed investments £ 40,992 |
|---|---|
| 40,992 | |
13. Analysis of investments between funds as at year ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Listed investments | 40,992 | 40,992 |
| 40,992 | 40,992 |
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Foden's Band Notes to the Financial Statements Continued
For the year ended 31 December 2024
14. Debtors
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Amounts due within one year: | ||
| Trade debtors | 203 | 203 |
| Other debtors | - | 10,244 |
| 203 | 10,447 |
15. Creditors: amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income |
2024 £ 928 1,486 654 3,068 |
2023 £ - 1,461 654 |
|---|---|---|
| 2,115 |
16. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/01/2024 £ 168,593 168,593 Balance at 01/01/2023 £ 157,893 157,893 |
Incoming resources £ 160,148 160,148 Incoming resources £ 176,992 176,992 |
Outgoing resources £ (163,914) (163,914) Outgoing resources £ (166,292) (166,292) |
Balance at 31/12/2024 £ 164,827 |
|---|---|---|---|---|
| 164,827 | ||||
| Balance at 31/12/2023 £ 168,593 |
||||
| 168,593 |
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Foden's Band Notes to the Financial Statements Continued
For the year ended 31 December 2024
Purpose of unrestricted Funds
General
THE OBJECTS OF THE ASSOCIATION ARE TO EDUCATE THE PUBLIC IN THE MUSICAL ARTS AND IN PARTICULAR THE ART OF BRASS BAND PLAYING AND TO FURTHER THE DEVELOPMENT OF PUBLIC APPRECIATION AND TASTE IN THE SAID ART BY THE PERFORMANCE OF CONCERTS AND OTHER ACTIVITIES.
17. Analysis of net assets between funds
| Analysis of net assets between funds | ||||
|---|---|---|---|---|
| Tangible | Investments | Net current | Net Assets | |
| fixed assets | assets / | |||
| (liabilities) | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | ||||
| General | 56,683 | 40,992 | 67,152 | 164,827 |
| 56,683 | 40,992 | 67,152 | 164,827 | |
| Previous year | ||||
| Tangible | Investments | Net current | Net Assets | |
| fixed assets | assets / | |||
| (liabilities) | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | ||||
| General | 59,787 | 40,992 | 67,814 | 168,593 |
| 59,787 | 40,992 | 67,814 | 168,593 |
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Foden's Band Detailed Statement of Financial Activities
For the year ended 31 December 2024
| INCOME AND ENDOWMENT Donations and legacies Donations Concerts Grants receivable Gift Aid Prize Money & CD Sales Investments Income from listed investments Total incoming resources EXPENDITURE Charitable activities Cost of direct charitable activity (Activity 1) SUPPORT COSTS Other office costs Other office costs (Activity 2) Legal fees Legal fees (Activity 2) Insurance Insurance (Activity 2) Subscriptions & registration fees Subscriptions & registration fees (Activity 2) Hall Hire Hall Hire (Activity 2) Cd's & Music Cd's & Music (Activity 2) Equip Repairs Equip Repairs (Activity 2) Accountancy Accountancy (Activity 2) |
£ 2024 66,841 62,268 7,500 11,060 10,872 158,541 1,607 1,607 160,148 (55,758) (55,758) (21,738) (21,738) (3,104) (3,104) (942) (942) (566) (566) (73,457) (73,457) (5,006) (5,006) (1,154) (1,154) (2,189) (2,189) |
£ 2023 74,889 53,784 20,430 7,829 18,322 |
|---|---|---|
| 175,254 1,738 |
||
| 1,738 | ||
| 176,992 (69,693) |
||
| (69,693) (24,917) |
||
| (24,917) (3,289) |
||
| (3,289) (950) |
||
| (950) (5,616) |
||
| (5,616) (55,557) |
||
| (55,557) (3,194) |
||
| (3,194) (1,340) |
||
| (1,340) (1,736) |
||
| (1,736) |
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This page does not form part of the statutory financial statements
Detailed Statement of Financial Activities Continued
Foden's Band
For the year ended 31 December 2024
Total resources expended Net Expenditure
| (163,914) (3,766) |
(166,292) |
|---|---|
| 10,700 |
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This page does not form part of the statutory financial statements