NENE VALLEY COMMUNITY BA14D F114ANaALsfATEMEpirs THE YEAA ENDED 12th IAAY OIARIYY REGIStERED NUMBER: 1198931 NENE VALLEY COMMUNttY BAND LEGALAND ADMINISTrATIVE INFORMAnoN ReRlstered Chartty N 1198931 TtustÈ Andrvw Dick50n Donna Rowan Gdd David Mansfield Joanne Frenth Sarah Hall Louise Shaw Chris Parr Fran¢es Dltks DaTrAd Farrow Comspond•n¢• Ad(k• Main Street Churth Stowe Northamptonshl NN7456 Consiiturloh CIO.Ivundation- r4istered 12th May 2022 To ath￿n￿, lrnprove, de¥dop and maintsin puwireducatlon lfi, and in oppreclat*)n of. the art and science of music, in all its aspects. by any means the Twmees seefrt including through the preseftatth ¢)f public event St4twnentofHnandal The attached ftnanc6al sratementswrth &tornpanwng note5 5¢t gut a tnje and fair ¥Ew of the finaiKe5 of the charyty fw the perlod. FOR ThE YEAR ENDED 12th W4Y Z023 The board ofTrustee5 prtsenttI￿T reFQrtwththe $￿emen[sOf the tharity forthe yÈar ended 12th May 2023. Nene Valky Communlty 15 a tharitaMe Ir*￿p￿tÉd Or8anisatw ICIOI Nene Val*yCommunity Band 15 1(rdemed ty t￿TruStee5 t4)ard made up of: Aryjrew Chckscn -Tntstee and (thair. 5afeguardlng orrKw Donna Rowan G¢)Id - T￿￿ee and IfKe Oovkl Mansfieh4 -T￿j￿ee and Tieasurer joan￿ Frenth -Trustee. Secretaryand SaFe8uarding offi￿r Sarah Hall- Trustet, CornmunKaiiors. Netwoiknn& Ma*in8 Musk louise Shaw- Trustee and Libraria Chris Parr- Trustee and Socrdl 5ecretsry Frances Dickson. Tr￿tee. CommunTtalfjons. N*twtykry Makirg Davhl Farrow-Trustee. Webmaster and Data Protff£l Anna LanBton.Tru5tee and Concert Secre R6thard Chaml)erlain- librarian ObJEttl¥tS To advallte. impro￿, develop ind makrtain pUbliceth￿alO0Tr ir+ and apw¢g•¢w of tr￿art and ￿￿O¢e of muslc. To hold PU￿1¢ perforrnonre& Welcome Trew musicians. Hold open rehearsals. EnRa£e in joint musK8t efit￿ Release free tewding5. The Trustees have h•d •¢tessto Charrty COm￿￿k>n 8ulthrKe on Ptsb1￿ 8enefiL gJmmaryofthe makn actSvlt5Ès On 12th May 2022 NVCB becamea Charirabte Ir*oipNated Oryanisothn. In Novernber we è¢otsghi a con£ert baThJ ènd achoir tWOseparateorBafti￿t1On$. ILw￿r s¢)me v¢xal sd0i5ts tojoin rAJr band and put on a concert at The Old SavryTheatre. The tofitert was a suue55 both mu%calt¥ and In raisin8 ihe Profi￿ of the band. In D¢£embeT. we perfor￿1 festNe muyc to sP¥)ppe￿ On Westofi Favell Shoppir¢ Centre. Our rnernbership chan8edthrou8hout the year bul ot the yrar end we increased our number one mustaan. To prowde an opportunity lortkne who want to make music,withothers, tololn our band. withouta need fOr3￿1[tIOn1￿ or a rewised W ofability. *Our Musical Director wekornes musicians of drflerein8 abilrtyand tÈachÈs throu8hout OUT band rehe3r34Ls. Thesetske plxe e¥ery MondayerfeNn8throu8￿rt the year. iThe rehear5815 are 5e55ions ¥there the publxare e￿[￿￿e￿ to come in and listen. To provide an opportunityfor musickin5 to be irNofved in and 5hrTh¥ca5E kamt skills. Towork in partnership 4thth Ot￿r tot￿ik1 c(rnuTrityand nehvorks thro¥h Collaborat￿ a¢tMt*s. To Incre*￿TI￿bEIn&t￿WO￿h the ddibrryofarts ￿$￿1￿$. NE VALLEY COMMUNifi BAND REPORT OFTHETRUSTEES ICONTINUED) l. We continue to promote the exFStenteof ￿rbanrf ¢Jn Facebook and active￿seek out musician5. 2. We work tlosetywith other bandsand muskal dlrectors. with a viÈwts Prod￿1Th8 joint pvuic performance5. 3. WÈ contact lotal coundl irffio315and Sh￿ organis*5to *lthrtlfyopwMtunitE5for pubtic perfomian Pl*n$forthvfvture. We aretrySr¥ to sewrea FerfwrnarKe OppOrt￿ty¢￿the bandthtyl In a k￿1 par We art tryinKto secure a perfonnanceopportuntyata larye tholYtsb￿ publicfair. We (C￿tInUe our search lor musiaans. Ih¢o4h tt*weof%Jtsal We planlore￿d a hymn for rtltase ort RemembTrrKe&Jf¥Jay, free tothe publK. onYouTube. We plan to perf*Jrm ajofjnt Christs7Tras cofth1 with anOll*r W band. We are prov4din8 OPPOrtunit*$ for our mu￿￿an$t0$eIE(l the MUSK we pLiy. This will thon be bought and filttred In wlth muslc selected by ou¥ mus￿al Dlr¢ctor. We are opeThin8our wehear￿$t0 sdected members olthe pyblK. Wewill rev*w lkn)w thJ5 works, before decldin8 h¢)w to devdop it lurther. We wlll review ourfln#n¢esthrOu￿Utthej￿rtOerS￿re￿ecaTh afford ow hire ofthe rehearyal premi%e5. our Mulul Dlre¢wr'sfees. and the pur¢has• Ot rn￿*. We wtll contlnue to create an oppOrtuthf￿ muwrtsttsrneetand F4ay tcwher In a safe. sociaLible. learnlng envifonrnenL NENEVALiEY COMMUNITY W4D REPORT OF THETRUSTEES ICONTINUEDI FOR THE YEAR ENDED 12th MAY 2023 Truste85' ResponsibilI￿e$ The Ch8rrtytn￿ees are responstble for prepartng a tnstees. annual report and financial statements In aco)rdance with applicabte law Vn¢ted Kingdom Accountirg Standards IUK Generally Accepted A¢wunting Practtcel. The law applicable to charities in England and Wale5 require5the charity trustees to Prepa￿ financial statements for each year which ¥Ne a true and frdirview ofthe stste of the charity5 sjtuatlon. Incoming resourtes and ap￿5(•tIon of resources forthat period. In preparing the financlal staterr*nts. the trustees are required to-_ Select suitable 3ceountin8 pol￿e$ and then apply them consistentlv: Observe the meth¢>Js and principles in the appicable Charilies SORP.. Make jud8ements and estimates which are reasonable and pft￿ent- Statewhether applitable actountlne standards have been fdlowed. subject to any materlal departures whlch must be di5ch)sed and explèlned In the flrtandal statements: Prepare financsal statements on the 8￿n8 COn￿M basis unless it 15 inappropriate to presume that ihe charity w¢ll c¢)ntinue in existence. The trustees are responslble for keeping properac£wntlng retords, whlch dlsdosewith reasonable accuracy at any tlme. the finamial posttion of the charlty and to enable them to ensure that the rinancial siatements ¢omply the Charities *£t 2011 and the applicable ¢harit*s reBulation5. They are also ￿sponsIble for safeguzrding the assets ol the charity and taking reasonable Steps forthe prebtntion and detection of fraud and other Irreeularlties. Sl8ned on behalf of the Tru5tets A Dickson Ilth December 2023 Nene Valley Commiwuty Band Statement of financlal Activit5es and Income and Expenditure Account For the year ended 12th May 2023 Unrestrirted Restritt￿ Endowment Total 2022 Incomlng Resources Subscriptions Donation5 Concert fees and events Interest Gift Aid 5,045 1.421 1.421 1.073 1.421 Total Incomlng resources 6A86 6A86 7,540 Resources Expended Musical Director Hire of Hall InstrLtment and muslc purchases Administration expenses 2,305 1.258 389 805 2,305 1,080 390 780 1,258 389 Totsl resou￿e$ expended 4.757 4,757 4,555 Net Movement in Resour¢es 1.729 L729 2.985 Fund balances brought forward 6.411 6.411 3.426 Funds carrfed forwa 8.140 8.140 6.411 l. Movements of all reserves and all recognised gal￿ and are Shown alK*ve. 2. All of the chorrty's operations ale dassed as ongtyng. Z023 2022 Fkned A55ets Tanqlble assets CuryentA$5ets Debtors Cash at bank and lsFhand 8.140 6,411 6,411 8.140 Credttrys.. amourtts hlllng due within one NEfcuAAEMfASS￿S 8.1È10 6.411 TOTAL ASSFfs less turrent liabititses 8,140 6,411 CTeditors.' amounts fallin¥ due after one y••r 8,140 6.411 CAprfALAND RESERVES Genefal Funds 8,140 6.411 Erbdownwnt funds Restricted funds 8.140 6.411 The notes form part ofthese finantial statements Approved bythe trustees A Dickson Ilth Oecember 2023 NENE VALLEY COMMUNITY BAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 12th MAY 2023 I. B￿5 OF ACCOUNTIt4G The accounts Ifinancial statements) been prepared th)deTthe host￿lCa1 cost conventiors ￿th items recoBnlsed at cosi oi transact*)n value unlessotherwlse stated in the rele¥antntste(sl to these xcoun The financial statements have been prepared in accordarKe with thesrdiement of Recommended PrartKe.' Accounting and Reporting by Charities weparing their 3cctyJnts in accorthncÈ with the Financial Reportini Standard applirable in the UK and Republic of Ireland IFIiS 1021 issued ¢Jn I6j￿ty 2014 and the Financijl Rewrtlr4% Standard appli¢able In ¢he Untted KIWn arbtl AewblK of IFRS 1021 ar￿ the Cho¥ftfes Act 2011. Inccme is received ￿ way rnember55Lts(ript￿Tr5. Itl551h)wn in hjll inthe Ststementof Financial Actiyiiies, when receNed. There is Th) Teascn w expect wifKanichan8e In thb income. Gran￿ Inclydlr* grantsforthe purGhase of Ilxed a$5efS. •rt ￿￿8A￿ed In fvll in the sraternent of Flnanc¢al Activities In the yeor in whichtbey are rec￿e￿ There were rKb8iants rtteived in the year ended 12th May 2023. Restrlcted ftsnd5 are tobt used forspeeffied wrposes as requlreo by donor. Exptndltur*whleh meets these crfteria is allocated to the rethnt fvnd. IrKome derived from these ftjnds is retsined within the fvThls concerned. There are no restrkted fund 2. CURRÉNfASSETS 2022 Debtors Prepayrnents Cash/8ank 8.140 8.140 6.411 6NII ICREDITORS.. AMOUNTS FAWNG DUE wmiiN ONEYEAR Creditor5 Accruals & Deferred In¢ome Tothl NENE VALLEY COMMUNttY BAND NOTES TO THE FINANaAL STATEMErirs ICONTINUED) FOR THE YEAR ENDÉD 12th MAY 2023 PAYMEfnsTOTRUSfEES No tfustees have b¢en pid rwnunerdtioftor have retei¥ed other benefftsfrom employment vAth thethartty. There were no ￿lated party tfan5acth)￿. 5. RESTRWD FUNDS There are no resthrted fvnd5 currentty held by the tharfty. 6. UNRESrRicrEO FUPIDS Openlng bahnc¢ Net for the year 005in$ balan 411 3.426 2.985 6AII 1,729 7. RESER¥E5 The is curTentty no pollcy on holding re5erye& Our reseThY balan￿￿￿0. We haven't yet deveknpd a polkyon hokliw ofresefve GOING COIKERN TI￿reare Th) uncertathtw ¥boUtt￿ thartysfirtur• ilthtyJ8ht*e are cor**ttyvWiant ardlfttt potentlal ihreatL 9. RISKS substhpl￿nS are our ts"ggest souyte of 1￿c￿ne. If WÈ bstthe map)rity of otsr muskian5 and failed to replace ihern. the runni￿CoStswoU[d ex(eed ourincome. For thts rea50n, we work hard io make it both intere#in8 and tnmablefor OWm￿£1aTr5 and publi£ alike.