## **SURBITON YOUTH MARCHING BAND**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
**SURBITON YOUTH MARCHING BAND LEGAL AND ADMINISTRATIVE DETAILS**
|Trustees|Mr Ronald Spence|
|---|---|
||Mr Ross Millard|
||Mr William Nicholas|
||Mrs Emma Nicholas|
||Mr Anthony Nicholas|
||Mrs Denise Corbett|
||Mrs Emma Millard|
|Principal Address|17 Hunters Road|
||Chessington|
||Surrey|
||KT9 1RX|
|Charity Registration Number|1171167|
|Accountants|Mrs Carole A Phillips FCA|
## **SURBITON YOUTH MARCHING BAND**
## **REPORT OF THE TRUSTEES**
The trustees present their annual report and financial statements of the Surbiton Youth Marching Band Charity (the Charity) for the year ended 31st March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and have been drawn up under the historical cost convention and in accordance with applicable accounting standards and the Charities Statement of Recommended Practice on Accounting.
## **Objectives and activities**
The Charity's objectives are to promote musical knowledge, self discipline and self confidence.
Activities in furtherance of this include, in particular, but not exclusively:
- recruit young people who are interested in learning how to read and play music
- provide all uniforms and instruments on loan to its members
- include all tuition and guidance in annual membership fee
- provide a fun and educational environment for young people to feel part of a group
## **Achievements and performance**
The band has continued to perform successfully this year. A large portion of the band's income being earned through fundraising activities and band engagements.
Member numbers continue to increase which has a positive impact on the subscriptions income. This year there was also significant grant income received from Transport for London in respect of the motor vehicles scrappage scheme, where the band disposed of the old van and one minibus.
## **Financial review**
## Going concern
The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
## Reserves policy
The Trustees have examined the charity's requirement for resources and have no outstanding commitments or cash demand which are not adequately covered by existing resources.
## Results for the year
The charity made a total surplus during the year of £11,152 _(2023 - deficit of £2,598)_ .
Signed: E MILLARD
Name: **Mrs E Millard**
Date: 29/01/2025
## **SURBITON YOUTH MARCHING BAND**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
I report to the trustees on my examination of the accounts of the Surbiton Youth Marching Band Charity (the Charity) for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the trustees of the Charity 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 Charity'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.
## **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 giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
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: C PHILLIPS Name: **Mrs Carole A Phillips FCA** Address: 23 Parkside Crescent Berrylands Surbiton Surrey KT5 9HT
Date: 28/01/2025
**SURBITON YOUTH MARCHING BAND**
## **INCOME AND EXPENDITURE ACCOUNT**
## **FOR THE YEAR ENDED 31 MARCH 2024**
**----- Start of picture text -----**
Income 2024 2023
Incoming resources from
generated funds
Voluntary Income:
Grants 18,460 2,400
Donations 1,156 2,887
Gift Aid 1,333 0
20,949 5,287
Activities for generating funds:
Band Engagements 1,800 2,000
Fundraising activities 6,139 6,657
Member Subscriptions 2,400 1,430
10,339 10,087
Total income 31,288 15,374
Expenditure
Band Job Expenses 2,698 1,707
Instrument / Music Expenses 1,324 1,681
Uniform Expenses 699 703
Tuition Expenses 2,680 3,660
Fundraising Expenses 3,782 3,235
Motor Vehicle Expenses 586 0
Vehicle Insurance 1,461 0
General Insurance 688 920
Band Activities / Entertainment 2,207 1,628
Postage, Freight & Courier 18 15
Subscriptions / Donations 499 240
Depreciation 3,127 3,186
General Expenses 303 507
Bank Fees 84 0
Loss on disposal of Instruments 120 521
Total expenditure 20,276 18,003
Net movement in funds before other income 11,012 (2,629)
Other Income / (Expenses)
Bank Interest 140 31
140 31
NET MOVEMENT IN FUNDS 11,152 (2,598)
**----- End of picture text -----**
## **SURBITON YOUTH MARCHING BAND**
## **BALANCE SHEET AS AT 31 MARCH 2024**
|**Fixed Assets**
Instruments
Total fixed assets
**Current assets**
Cash at bank and in hand
Net current assets
Total assets less current liabilities
**Capital and reserves**
Contribution Reserve
Retained Earnings
Current year net movement of funds
Total charity funds|Notes
5
6|**2024**
12,453
12,453
38,553
38,553
51,006
37,260
2,594
11,152
51,006|**2023**
15,892
15,892
23,962
23,962
39,854
37,260
5,192
(2,598)
39,854|
|---|---|---|---|
The financial statements were approved by the board of trustees and were signed by:
Signed: E MILLARD Name: **Mrs E Millard** Date: 29/01/2025
**SURBITON YOUTH MARCHING BAND**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2024**
## 1 **ACCOUNTING POLICIES**
## **Basis of preparation of financial statements**
The financial statements have been drawn up under the historical cost convention and in accordance with applicable accounting standards and the Charities Statement of Recommended Practice on Accounting.
## 2 **INCOMING RESOURCES**
## **Grants**
The total of grants received was £18,460. These were received from Transport for London and the Jack Petchey Foundation.
## 3 **TRUSTEES REMUNERATION**
None of the trustees received any remuneration or benefits during the year. Expenses fully incurred on the charity's business were reimbursed when claimed.
## 4 **TAXATION**
The Surbiton Youth Marching Band is a registered charity and its activities fall within the exemptions under the Income and Corporation Taxes Act 1988.
## 5 **FIXED ASSETS**
The instruments are depreciated on a straight line basis over 10 years.
## 6 **RESERVES**
|Contribution Reserve
Retained Earnings
Current year net movement of funds||**2024**
37,260
2,594
11,152
£51,006|**2023**
37,260
5,192
(2,598)
£39,854|
|---|---|---|---|