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2023-12-31-accounts

Charity Registration Number 1196382

Lydbrook Band

Trustees' Report and Accounts Year ended 31st December 2023

Grosvenor Tax Practice Limited

Kingscourt

Stroud

Gloucestershire

GL5 3PL

Lydbrook Band

Contents of the Financial Statements for the year ended 31 December 2023

Page

Report of the Trustees 1 to 7
Independent Examiner's Report 8
Receipts and Payments Account 9
Statement of Assets and Liabilities 10

Trustees’ Annual Report for the period

From 01-01-23 Period start date To 31-12-23 Period end date

Charity name: Lydbrook Band

Charity registration number: 1196382

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The Charity has fulfilled its aims and has
carried out concerts and other events in the
community
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 The main activity of the organisation is to
provide teaching and mentoring services to
players in the band and to perform in public
at various events.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The trustees have had regard to the
guidance issued by the Charity
Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 The charity does not award grants.
Policy on social investment
including program related
investment		 Para 1.38 The charity is not involved in social
investment.
Contribution made by
volunteers		 Para 1.38 Volunteers help with managing events with
no financial gain to themselves.
Other

1

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The organisation has performed in public
on many occasions during the year,
bringing pleasure and enjoyment to the
players and local population.
The organisation also gives concerts for
other charities at their fundraising events.
The members of the band have greatly
enjoyed rehearsing and performing
together post-Covid and it has done good
work helping the members to regain mental
stability after the restrictions of the
pandemic.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

2

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Attached
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Reserves are held to finance the building of
a new rehearsal venue for the organisation.
Amount of reserves held Para 1.22 Attached
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 No deficits
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 No concerns

Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 ACE funding for projects.
Sponsorship by private company.
Concerts and other activities.
Membership Subscriptions.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 N/A
A description of the principal
risks facing the charity		 Para 1.46 None
Other

3

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Charity Commission constitution adopted.
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 Unincorporated
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Volunteers from organisation, supporters
and friends of the band are elected and
approved at the AGM.

Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 Membership of the band is open to all
ages. There is a Child & Vulnerable Adult
Protection Policy in place.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any
related parties		 Para 1.51
Other

Reference and Administrative details

Charity name Lydbrook Band
Other name the charity uses Lydbrook Silver Band
Registered charity number 1196382
Charity’s principal address Lydbrook Band Room,
c/o Robert Morgan, Cheristow, Stowfield,
Lower Lydbrook, GL17 9PD

4

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Robert Morgan Secretary Lydbrook Band
Andrew Kyle Lydbrook Band
Trevor Moss Vice Chairman Lydbrook Band
Paul Ainsworth Lydbrook Band
David Jury Lydbrook Band

– Corporate trustees names of the directors at the date the report was approved

Director name None

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
None

5

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity None Name and objects of the charity on whose behalf the Not Applicable assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and Not Applicable segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Additional information (optional)
Names and addresses of advisers (Optional information)		 Additional information (optional)
Names and addresses of advisers (Optional information)		 Additional information (optional)
Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
None

Name of chief executive or names of senior staff members (Optional information)

Not Applicable

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not Applicable

Other optional information

6

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) R.H. Morgan Full name(s) Robert Harry Morgan Position (eg Secretary, Secretary Chair, etc) Date 26-06-24

7

LYDBROOK SILVER BAND RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2023

RECEIPTS
Concert Fees
Clubs, Parks & Pubs
Donations
Members subs
Sponsorship
Miscellaneous
Tour - players' contributions
From St James's Place Account
PAYMENTS
Concert expenses
PRS Licence renewal
Conductors' fees
Contest expenses
Fund raising , grant applications
Bandroom heat, light & water
Gifts & gratuities
Players' expenses
Insurance
Instrument purchases
Instrument repairs
Miscellaneous
Music
Player registrations
Printing, stationery & postage
Professional expenses
Website costs
Centenary party, dinner dance expenses
Uniform and clothing expenses
New band room expenses
Tour expenses
NET SURPLUS/(DEFICIT) FOR YEAR
Balance brought forward
Net transfers between accounts
BALANCE CARRIED FORWARD		 Total
Lloyds
Treasurer's
Account
Lloyds Jubilee
Account
Lloyds Jubilee
Account
Unrestricted Funds
Unrestricted Funds
Restricted Funds
£
£
£
£
15,405.69
15,405.69
2,068.98
2,068.98
1,805.64
1,690.61
115.03
3,044.00
3,044.00
5,000.00
5,000.00
304.81
155.81
149.00
6,980.00
6,980.00
5,000.00
5,000.00
39,609.12
27,365.09
12,244.03
-
6,309.85
6,309.85
159.88
159.88
7,731.25
7,731.25
2,290.41
2,290.41
458.00
458.00
663.33
663.33
330.00
330.00
3,570.56
3,570.56
1,117.13
1,117.13
1,862.54
1,862.54
510.00
510.00
789.60
789.60
32.94
32.94
260.40
260.40
301.67
301.67
490.00
490.00
149.36
149.36
1,123.60
1,123.60
1,460.90
1,460.90
3,286.10
1,236.10
2,050.00
15,319.50
2,970.30
12,349.20
48,217.02
33,817.82
14,399.20
-
(8,607.90)
(6,452.73)
(2,155.17)
-
27,644.35
21,126.56
6,517.79
-
-
(500.00)
500.00
-
19,036.45
14,173.83
4,862.62
-

These accounts were approved by the Band's Trustees on.................................................................................... Signed.............................................................................................................................................. (Trustee)

Page 9

LYDBROOK SILVER BAND STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31 DECEMBER 2023

BANK ACCOUNTS

BANK ACCOUNTS
31 December 2023 31 December 2022
Lloyds Bank Treasurers Account 14,173.83 21,126.56
Lloyds Bank Jubilee Account 4,862.62 6,517.79

All the above balances represent unrestricted funds.

INVESTMENT ACCOUNTS

On 31 December 2023 the Band held investments in a St James’s Place Wealth Account valued at £41,475 (31 December 2022 - £43,189).

TANGIBLE FIXED ASSETS

Other assets owned by the band comprise:

  1. Freehold Property – the band rehearsal room.

  2. Band instruments, percussion equipment, music stands and other accessories.

  3. The Band music library

Page 10