NENE VALLEY COMMUNITY BAND FINAN IAL STATÉMENTS FOR THE YEAR ENDED 12th MAY 2024 CHARITY REGISTERED NUMBER: 1198931 NENE VALLEY COMMUNtTY BAND LEGAL Af4D ADMINisniATIVE INFORMATION Re81ste￿d(har[ty No. 1198931 Trustees Andrew Diclson Donna Rowan Gokl Mansfidd Joanne Fren¢h Sèrah Hall LDuise Shaw Chri% Parr Frances l)"ckson Farrow An￿ ian8ton Liuie Evans Res*ned as Tn￿tee 01.02.24 Res*n¢ pf: Andfew Dickson - Trustee aThd Chair. Deputy Safeguar¢Jing OlfKÉY D¢nTra Rowan fjold-TIu5tee, Treasurer and Vkechair David Man5fiekl -TrustEe andTreasiwÈr loanne French - safe8uarth.ng Offic Sarah Hall. Trustee, Communications. Netww*ir¥ Louise Shaw. Tru5teeand Lib¥arian Chris Parr- Truslee and Social Secretary Frdnces Dickson- Trt￿lee. Communitaiions. Netmxknng avid Fèrrow. frustee. Wel)rnaster afid Dats Prote¢tion Anna Lan8ton-Tru5tee and Concert Setreiary LiiiiÉ Evans- Trustee and Se£relary Rl¢hard chambÈrI￿Tr- knbrarian AppDlnted 3sTrea5urer 12.05.24 Re518n¢d as TreaSu￿r 12.05.24 Re5i8ned a5Tiustee 01.10.23 AppointÈd 06.02.24 Objertives To advance. irnprove, de¥ek¥p {r￿￿￿taIn publc educaiksn In•ndapprffJJtw of the artand st￿nCe af rtwsie. To hold public performanc25. Welcome new rnusicians. Hold open rehearsals. Engaie In Joint rnusical enterprises. R¢lease free recordsnes. The Tfu5Lees h¥ve had accessto Charity Commission $￿lanCe0Tr Pubtic B￿efft. Summary of the main activilles Performod on Abington Park Bandstand l¢r the firsi time. Perlormed ar the Hollowell 51earn and heavy Horse Show. Recorded an arr?ngÈrnent of Abide With MÈ in St Matthew's (tsJr(h. whkh wa5 then released for Remembrance DayoTr YouTube. Perfurmed atthe Chrlstmas Lights swY(ch on In 8ecken's Pavi North*mpts Performed in 5t Giles Street. Northarnpton ai the request of MoTht4iieJerrrey's menswear shop, on behalf of local trader Performed a Christrras Co￿trt. 3lon8side #nd at the iÈwtofAbiWn Wind Band. at Ni)rthampton High School. Rari rehearsajs that were op¢n to the thrw8houtthe year. Ch2n8ed our treasurer. WÈ are performing in public ￿¥larlY and Jmtdin8 Wunllies for5010s toall W4ho want them. REPORTOFTHE TRUSTEES ICONllNUEOI SOAIHE YEAR ENDED 121h MAY 2024 Addbtional det￿lS of ¢ybjective5 a￿1 activibe5 To pitsvide an opportunity for th05e who want to make musit. wtth other5. to join our band. . Our Musical Directoi wdcomes musioan5 of tliffering abilrty and teathe5 throughout our band rehearsals. These tske place every Monday evening throuthoul the year, with very few exceptions. . The rehearsals are open to the public aryl we regular￿ have indwiduals attend and listen. Tts provide an opportunity for musKtans to bE inVo￿ed In and showcase tearnt skills. To work in partnership with other or8ani5at•)ns tp buikl ¢ommunityand nelworks Lhrou8h To increase well.bein8 through the ￿lIvery ol arts activities. We reach out to other bands. C￿lT$. sln8er and wloiststo 1￿c￿ase oul network and vary our musical repertoire. We regularly keep in touch with band member5 who are unable to attend ￿hearsalS of performances through illness or injury and pErform In a varietyof IC￿lOn5 to reach as wide an audlence as we can. audience as we can. Some ol these are foi payment. some are free. Achl•¥em•nts and Perforn￿￿e I We continue to pronyjtè the existence of c4Jr band on Facebodl and actively seek out new musicians. 2 We work closely with othèr bands and ftow have a number ofour musicians playinl in othw bands, whi15t several members of these other bands have also now joined ours. Plans tor ih• I￿ure. Our plan to relocate to a more Central reheanal venue in Northarnpwn has stalled. We are current unable to find a location better suited than Brixworth in temts of 5knwe. price and parking fac￿*ties. We wll continue lookin8. Going forward, our inièntion rs to secure perromia￿e opportunitiesat. Abington Bandstand It￿ked for Sunday 28th Jutyl Hollowell Steam Ralty. St Matthew's Church foran Ottober ￿Cert Itwked Saturday 19th Ortobet 7-9pml Vllla8e fete and rnuslcweekends (Weedon Weekender. Fete) Council njn communfty events. Chrlstrnas comrn￿￿rty performance We vole in every tommittee post. each AGM. to encourage new iflea5 and to wovtde an opportunity for anyone to join the commFttee. During the year. we set up a Young Mu5tcian's SchtAarship in tollaboratN)n wrth a local primary school. Headlands Primary khool Northarrypton. Ourdonatton will fund two studentsto leam È wind Instrument for an ￿[adeM$¢ year. We rntend to tontinue the prolÈrt We are planning tts enhance our band unrform Options wlth the addttion of a fleece jacket embroidered with the band kJÈo. We are pFanning to fun an Awards Evening. We will continue to welcome the Eeneral publi4 friends and family to our rehearsals. NENE VALLEY COMMUNrrY BAND REPORT OF THE TRUSTEES IcoMfiNUEDI FOR THE YEAR ENOEO 12th MAY 2024 Tru5tee5' ResponsiEMlities The chartty trustee5 3Te reSpoT￿lbIe for p￿parinE a tnJStee5' annual report and financial statemet7ts in ccordance with applicable law and United Kingdorn Atcounting Stalldards (UK Generally Accepted Atcounting Practice). The law applicable to charities in En8land and Wales requires the Iharity trnstees to prepare financial statemen15for each year which give a true and fair view of the State olthe charity's 51tuation, incoming resources and applicatl(m of resource5 fof that per*)d. In preparing the financtzl Statements. the trustees are required to:. Select suitable accounting polioes and then appty thern consi51entty." Observe the rnetlK)ds principle5 in the applKable Charities SORP.. Make judgemellts and e5timares whkh are ￿asonable and prudent,. Stale whether appllcable accounting standards have followed. Subject to any materlal departures which must be disclosed and explained ¢n the financial statements.. Prepare financial statements on the going concern I￿51S Un￿55 it is inappropriate to presume that the charity will coniinue in existènce. The trustees are ie5ponsbi ￿ for keepin8 proper accountin8 records, which disdose with ￿asonable acturacy ar anytime, the financial position ol the charity ar￿ to enable thern to ensu￿ thal the flnancial statements comply wf(h the Charities Act 2011 and the applicable charities regulations. They are also responsible for safeguarding the assets ol the charity and taking reasonable step5 tor the prevention ènd deteci¥)n of fraud and other lffegularitie5. &gned on behallof theTrustees A Dickson 2nd September 2024 Nene Valley Gxnmunwty Band Statement of Financial Activrties and Income and Expeo)diture Account For the year ended 12th May 2024 Unrestrirted Restrirted Endowment 2024 2023 Incoming Resourcès Subscriptions Don3tions Concert fees and events Interest Gift Ald 4.910 4,910 5,060 2,300 20 2.3tM) 20 1,421 Total In¢omin8 resources 7,230 7.230 6,486 Resources Expended Mysital Director Hire of Hall Uniforms Young Musician Scholarship Instrument and music purchases Safeguarding training Insurance and Making Music subscripl Banners Recording Adminlstratlon expenses 3,305 1,280 1,942 275 349 31 213 187 7(Kl 3.305 1.280 1.942 275 349 31 213 187 700 2,305 1,258 389 805 Total resources expended 8.282 4.757 Net Movement in Resources 11.0521 11,0521 1.729 Fund bèlafices brou8ht lorward 8,140 8,140 6.411 Funds carrled forward 7.088 8.140 l. Movements ol all re5etvEs and all reco8ni5ed 8ains and k)55e5 areshown above. 2. All of the charity's opeTrtions are cla55ed as on8tyn& NeNÈ Valley C(￿￿lty Band alan￿ She As at 12th May2024 202A 2023 Fixed A%sets Tangible assets Current Assets Debtors Cash at bank and in-hand 7,088 8,140 8.140 Creditors.. amounts fallin8 due within one year NEf CURRENT ASSEYS 8,140 TOTAL ASS£TS les5 current Ilabl1￿e$ 8.140 Credit¢xs: amounts falling due after one year NET ASSETS 8.140 CAPITAL AND RESERVES General Funds Endowrnent funds Restricted funds 7,088 8,140 8.14Q The notes form part of these financial statemerjts Approved by the trustees A Dickson 2hd Sepiernber2024 NENE VAUEY COMMUNIIV BAND NOTES TO THE FINANCIAL ￿ATEmENTs FOR THE YEAR ENDED Izth MAY 2024 I. BAS15 OF ACCOUNnNG The accounts Ifirtsncial st3tementsl have been prepared untlÈT ￿￿orIcal cost convention v41th iterns recogni5ed 3t ctsst orti8nsattiDn value unlessotherwtsèstated in the relevant notelsl to the5@ accounts. The financial statements have been prepared in accordance ¥rilh the Staiement of Retomfflended Practice.. Accounting and Reporting by Charities prepaiing their actount5 iry a[cordar￿e with the FinarKial Report¢n8 51andard applicable in the UK ar41 RepublK of Ireland IFRS 1021 iSSUEd on 16 Jufy 2014 and the Finarytial Reporting Standard applicatle Fn the United Kirydom and Rtybjicof Ireland IFRS 1021 and thechafities Att 2011. Income is received by way member5 5ubKription& It isshrn¥n in full ￿the Statefftent of Financial Attnitt￿s. when rtceived There 15 rio reas￿ to empettany signfftontcha￿e in thi5 income. Grants, includin8 8rants for the purchase of nxedassets. are reco8nised in full in the Sratemeni of Flnan¢i•l A£tfvities in the year In which theyaie receNed. Therewe no8rant$ recefved in the year ended 12th May 2023. Restrirted fund5 arE to be u5Ed forspecifled purposes as required by the doThDr. Expenditure which meets these crtteria is alllxated to the ￿e¥an1 fund. Incomt derfftd frorn Ihese fun4$15 retained wi(hin the lund5 concerned. There are M restiKted funds. 2. CURRENT ASSErs 2024 Z023 Oebtors Prtpayments Cashl8ank 8,140 8.140 3. CREDrroR&. Al*lOUPITS FALUNG Due wmiiN ONEYEAR 2024 2023 Creditors Accruals & Delerred IncomE Total NENE VALLEY COMMUNITY BAND NOTES TO ThE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 12th MAY 2024 4. PAYMENTS TOTRUSTEES No trustees have been ￿lId remunLYation orhave ￿F¥edOtherbEnefitsfTOrn empk>ymentwith thetharity. P?yment*to trusteesfor reimlwrsement off eyn5es were as follM12023 nlll= Loulse shaw Oonna Rowan Gold rnu5ic purrhases baThners 55 188 There were no relatsd partytian5artb)n> S. RESTRicfED FU14DS There are no restncied iunds curr*nti¥ bythetharth. & UNREsTricfEDFUNDS 2023 Open5n8 balance Net funds for the year Cloyn8 balance 8.140 11.0)21 7.088 6.411 1.729 &140 7. RESERVES The is currenrty no pollryon holdlnR resefft5. Our Te%etye balance Is 2ero. We haven't yet dÈvebped a policy on holdin801 reserves. 8. GOING CONCERN There are no uncert*nties about charlV5 f¥iure alth￿h we are CO￿tanItyVIg413nI agttin potential ihreats. 9. RISKS Stsbs£ription5 are our biggest 5¢)urce of income. Ifwe lost the maI￿lty of OUT musKians Ind failed to rÈtAace them. the runnir* costswould exceed ¢xtr income. For this reason. we work hard to make it both interestin8and enjoyablefor our musicians and publkalike.