## **VIRTUOSI GUS BAND**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2024**
**CHARITY REGISTERED NUMBER: 1170993**
## **VIRTUOSI GUS BAND TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **Reference and administration details**
|**Registered Charity No.**|1170993|
|---|---|
|**Principal Address**|52 Pytchley Road|
||Kettering|
||NN15 6JA|
|**Trustees**|Jonathan Mott|
||Nathan Waterman|
||Mike Smith|
|**Structure, governance and**|**management**|
|**Governing Document**|Constitution adopted December 2016|
|**Constitution**|Charitable Incorporated Organisation(CIO) registered 5th January 2017|
|**Trustee selection method**|Trustees are appointed at the annual general meeting|
|**Objectives and Activities**||
|**Objects**|The objects of the band are to entertain and 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 by the|
||performance of concerts and other activities.|
The objective of The GUS Band is to further the study, practice and encouragement of Brass Band Music in all forms in order to foster public knowledge and appreciation of such music by means of public performances or otherwise including training and education of brass players.
The Trustees are aware of the requirements of the Charities Act 2011 regarding the reporting of the public benefit of the charity. The Trustees recognize that, for the accounting year ending 31st December 2022, the trustees report is required to include such a report.
In setting the charity’s objectives and planning activities, the trustees and management have given consideration to the Charity Commission’s general guidance on public benefit and believe that the charity meets the public benefit requirement.
## **VIRTUOSI GUS BAND TRUSTEES ANNUAL REPORT - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **Achievements and Performance**
Over the last year the band competed in the following competitions:
March 10 2024. The Midlands Area Championship Section Contest, Placed 2nd
May 11 2024.The British Open Grand Shield Contest, The Winter Gardens, Blackpool. Placed 10th
Sep 08 2024. Dr Martin Contest. Yarm. Placed 1st
Oct 05 2024.The National Brass Band Championships Finals, at The Royal Albert Hall, South Kensington. Placed 12th
Nov 16 2024. Brass In Concert, The Sage, Gateshead. Placed 9th
As well as competitions the Band have put on Concerts locally around Northamptonshire and have appeared across the country by invitation.
The band's playing personnel continue to change year in year out, but the playing standard of the band is still maintained at the highest level. The players are all committed and dedicated to the future of brass banding.
## **FUTURE PLANS AND OBJECTIVES**
## **Mission**
To recruit into the band the finest brass band players available.
To develop young players to ensure continuity of top-class musicians.
## **Corporate aims**
To run the Band ethically and responsibly, organising income streams from performance and merchandise sales so that the longterm future of the band is secured.
To present the band at public concerts where the audiences hear music that thrills and entertains them.
To enter the band at brass band music competitions so that they can test their musical skills against other leading bands. To organise workshops where the skills of the players are used to inspire and encourage young brass players.
To promote the band throughout the UK and Internationally so that the band is invited to perform at prestigious concert halls and arenas.
There is no reserves policy
## Declarations
the trustees declare that they have approved the trustees’ report above.
Signature(s) Print Name N Waterman Date 28/10/25
## **INDEPENDENT EXAMINER'S REPORT REPORT TO THE TRUSTEES OF VIRTUOSI GUS BAND**
I report to the trustees on my examination of the accounts of the above charity for the year ended 31st December 2024
## **Responsibilities and basis of report**
As the charity trustees of the Trust, 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
- 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 order to enable a proper understanding of the accounts to be reached.
Dated A fag Angela Parry For and on behalf of:
Tove Accountancy Ltd
Office 6, Town Hall, 86 Watling Street East, Towcester, Northants, NN12 6BS
## **VIRTUOSI GUS BAND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024**
|**INCOME**
Donations
Gift aid
Concerts
Sponsorship
Events
FOH Sales
Prizes
100 Club
Miscellaneous
Easy Fundraising
Total incoming resources
**EXPENDITURE**
Conductors Fees
Rehearsal Hall Hire
Hotels Costs
Deputy players
Van Hire
Insurance
Contest entry and registration
Venue Hire
Event costs
FOH Costs
Bank Charges
Instrument Costs
Registration Fees
Music
Advertising and Promotion
Miscellaneous
Joint Artists Fee
Examiners Fee
Uniforms
Members Travel
Depreciation
**Total resources expended**
**Net Movement**
Brought Forward
Movement
Carried Forward|**2024**
**2024**
**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
97,379
0
97,379
70,273
23,790
0
23,790
17,552
20,263
0
20,263
24,607
2,500
0
2,500
2,500
0
0
0
2,660
2,118
0
2,118
2,470
5,025
0
5,025
5,490
4,820
0
4,820
4,460
509
0
509
242
17
0
17
0
**156,420**
**0**
**156,420**
**130,254**
**2024**
**2024**
**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
27,268
0
27,268
22,772
8,470
0
8,470
7,941
11,373
0
11,373
5,844
1,806
0
1,806
5,634
3,216
0
3,216
3,868
572
0
572
669
1,225
0
1,225
1,115
1,511
0
1,511
1,625
0
0
0
6,806
705
0
705
798
73
0
73
79
3,368
0
3,368
0
220
0
220
200
0
0
0
303
655
0
655
1,465
3,963
0
3,963
2,808
2,038
0
2,038
2,743
350
0
350
330
1,642
0
1,642
0
85,152
0
85,152
66,081
0
0
0
100
153,607
0
153,607
131,183
2,813
0
2,813
(929 )
12,296
0
12,296
13,225
2,813
0
2,813
(929 )
**15,109**
**0**
**15,109**
**12,296**|
|---|---|
## **VIRTUOSI GUS BAND BALANCE SHEET AS AT 31ST DECEMBER 2024**
|Notes
**Tangible Fixed Assets**
2
Equipment, Fixtures and Fittings
**Current Assets**
Bank Accounts
Debtors
Prepayments
Other
**Current Liabilities**
Creditors
Deferred Income
Accruals
**Net Current Assets**
**Long Term Liabilities**
Amounts falling due within
more than one year
**Total assets less current liabilities**
**Capital funds**
Restricted funds
4
Unrestricted funds
5
**Total Funds**|7,224
12,218
615
-
20,057
4,525
71
350
4,947|**2024**
-
-
15,109
-
15,109
-
15,109
15,109|**2023**
-
-
10,321
4,788
775
-
15,884
3,282
(25 )
330
3,587
12,296
-
12,296
-
12,296
12,296|
|---|---|---|---|
The annexed notes form part of these financial statements.
## **VIRTUOSI GUS BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **1. BASIS OF ACCOUNTING**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
These accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.
## **2. TANGIBLE FIXED ASSETS**
|Cost
01-Jan-24
Additions
Disposals
Cost at
31-Dec-24
Depreciation
01-Jan-24
Charge
Disposal
Depreciation at
31-Dec-24
Net Book Value
31-Dec-24
Net Book Value
31-Dec-23|Equipment
£
25,800
0
0
25,800
25,800
0
0
25,800
**0**
**0**|
|---|---|
## **3. PAYMENTS TO TRUSTEES**
No trustees have been paid remuneration or have received other benefits from employment with the charity.
## **4. RESTRICTED FUNDS**
There are no restricted funds currently held by the charity.
|**5. UNRESTRICTED FUNDS**
Opening balance
Net funds for the year
Closing balance|**2024**
**£**
12,296
2,813
**15,109**|**2023**
**£**
13,225
(929 )
**12,296**|
|---|---|---|