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2024-12-31-accounts

Ogmore Valley Silver Band

Annual Trustees Report & Accounts (Year ending 31[st] December 2024)

Registered Charity 1171293

Accounting period 1[st] January 2024 to 31[st] December 2024 Ogmore Valley Silver Band

Charitable Objectives

To educate the public in the musical arts and to facilitate the musical aspirations of its members and to further their advancement in the art of playing brass band and popular music in concerts and other activities in the wider community.

Constitution

The band operates under a constitution adopted at a General Meeting held on 4[th ] September 2016.

Activities during the Year

The Band has seen yet another turbulent year, with challenges that have defined the future of the band. Attendance has dwindled to a handful, resulting in the committee seeking to recommend that the band should close. This was despite a trustee meeting and AGM dated late March 2024 have appointed new members with a drive to resurrect the band. The talks of working with other bands such as Upper Rhondda and Tata have not been successful.

Christmas 2024 fundraising was the worst in memory.

The committee decided to address the serious issue of the bandroom roof repairs, which had been planned for 2025 due to concerns of falling income. The water ingress through the front of the building should be monitored after the roof has been repaired.

Income Reserve Policy

The Band aims to retain sufficient reserve funds in order to cover any future capital expenditure, to be used for example on our band room, instruments, uniforms, music and other assets to allow it to continue its charitable objectives.

Trustees

As appointed from AGM , March 2024: Jerry Cook (Chairman) Dean Jones (Treasurer) Ellen Fitzgerald (Secretary)

Ogmore Valley Silver Brass Band

Profit and Loss

Basis: Accrual

From 01/01/24 To 31/12/24

Account Account Code
Total
Operating Income
Band Room Hire 120.00
Christmas Job Bucket Collections 201.00
Donations for Christmas Jobs DONXMAS01
1,499.00
easyfundraising EASYF-001
47.30
General Income 0.98
Subscription income 617.00
Total for Operating Income 2,485.28
Cost of Goods Sold
Total for Cost of Goods Sold 0.00
Gross Profit 2,485.28
Operating Expense
Bank Fees and Charges 72.38
Gas 7020
411.78
Instrument Repairs INSTR001
1,000.00
Insurance expense 1,730.49
IT and Internet Expenses 184.80
Janitorial Expense 10.72
SSE Electricity 7022
852.00
Welsh Water 7021
138.17
Total for Operating Expense 4,400.34
Operating Profit -1,915.06
Non Operating Income
Total for Non Operating Income 0.00
Non Operating Expense
Total for Non Operating Expense 0.00

Account Code Total

Account

Net Profit/Loss -1,915.06

**Amount is displayed in your base currency BP

Declaration Ogmore Valley Silver Band

The trustees declare that they have approved the report and accounts above.

Signed on behalf of the charity’s trustees.

Signed :

Full Name: Jerry Cook

Position: Treasurer

Date: 03.07.2025

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