## **NENE VALLEY COMMUNITY BAND** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 12th MAY 2025** **CHARITY REGISTERED NUMBER: 1198931** ## **NENE VALLEY COMMUNITY BAND** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Registered Charity No.** 1198931 ## **Trustees** Andrew Dickson - Trustee and Chair, Deputy Safeguarding Officer Donna Rowan Gold - Trustee, Treasurer and Vice Chair Sarah Hall - Trustee, Communications, Networking Louise Shaw - Trustee and Librarian Chris Parr - Trustee and Social Secretary Frances Dickson - Trustee, Communications, Networking David Farrow - Trustee, Webmaster and Data Protection Lizzie Evans - Trustee and Secretary Karen Bissaker - Trustee Appointed 16.01.25 **Correspondence Address** 39 The Leys Long Buckby Northampton Northamptonshire NN6 7YF **Constitution** CIO - foundation - registered 12th May 2022 **Objectives** To advance, improve, develop and maintain public education in, and in appreciation of, the art and science of music, in all its aspects, by any means the Trustees see fit, including through the presentation of public events. **Statement of Financial** The attached financial statements with accompanying notes **Activities** set out a true and fair view of the finances of the charity for the period. ## **NENE VALLEY COMMUNITY BAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 12th MAY 2025** The board of Trustees present their report with the financial statements of the charity for the year ended 12th May 2025. ## **Structure, governance, and management** Nene Valley Community Band is a Charitable Incorporated Organisation (CIO) Nene Valley Community Band is governed by the Trustees board made up of: Andrew Dickson - Trustee and Chair, Deputy Safeguarding Officer Donna Rowan Gold - Trustee, Treasurer and Vice Chair Sarah Hall - Trustee, Communications, Networking Louise Shaw - Trustee and Librarian Chris Parr - Trustee and Social Secretary Frances Dickson - Trustee, Communications, Networking David Farrow - Trustee, Webmaster and Data Protection Lizzie Evans - Trustee and Secretary Karen Bissaker - Trustee Appointed 16.01.25 The Trustees have had access to Charity Commission guidance on Public Benefit. ## **Objectives** To advance, improve, develop and maintain public education in and appreciation of the art and science of music. To hold public performances. Welcome new musicians. Hold open rehearsals. Engage in joint musical enterprises. Release free recordings. ## **Summary of the main performance activities** |Sat 06 Jul 2024|Hollowell Steam Rally - Saturday 6th July 2024| |---|---| |Sat 13 Jul 2024|MK CAMPBELL PARK| |Sun 14 Jul 2024|Bozeat Fete| |Sun 28 Jul 2024|Abington Park Bandstand| |Sun 25 Aug 2024|Weedon Weekender| |Sun 08 Sep 2024|Swanspool Gardens| |Sat 05 Oct 2024|City of Lights Festival| |Sat 19 Oct 2024|St Matthew's Church| |Sun 08 Dec 2024|Western Favell Shopping Centre| |Sun 06 Apr 2025|Hope Centre - Rushden Lakes| |Sat 17 May 2025|Abington Park Bandstand - Bands in the Park (125th Anniversary Celebrations)| ## **NENE VALLEY COMMUNITY BAND REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 12th MAY 2025** ## **Additional Details of Objectives and Activities** We performed regularly in public, creating opportunities for our musicians to play both collectively and as soloists. These performances helped to develop their skills and enhance their well-being through public engagement. Our Musical Director welcomed musicians of all abilities and provided instruction during our weekly rehearsals, which took place every Monday evening throughout the year. Rehearsals were open to the public, and we regularly welcomed individuals to attend and listen. We collaborated with other bands and organisations, building strong relationships within the community and among the public. We maintain contact with band members who are unable to attend rehearsals or performances due to illness or injury, ensuring they remain included. We actively promote the band on Facebook and continue to seek new members. Many of our musicians also perform in other bands, a practice we encourage. We launched a Young Musician’s Scholarship in partnership with a local primary school, funding two students to learn instruments for an academic year. We plan to continue this scholarship for a second year. We purchased fleece jackets embroidered with the band logo for all our musicians. ## **Planned performances for the future.** Hollowell Steam Rally (6[th] July) Abington Bandstand (24[th] August) Recording of Schindler’s List with guest Cellist, for release later in the year (30[th] August) Concert in St Matthew’s Church (4[th] October Village fete and music weekends Council run community events. Christmas community performances. We vote in all committee post, each AGM, to encourage new ideas and to provide an opportunity for anyone to join the committee. Report prepared 29-05-2025 by A Dickson (Chairperson NVCB) ## **NENE VALLEY COMMUNITY BAND REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 12th MAY 2025** ## **Trustees' Responsibilities** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of the charity's situation, incoming resources and application of resources for that period. In preparing the financial statements, the trustees are required to:- - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the applicable Charities SORP; - Make judgements and estimates which are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures which must be disclosed and explained in the financial statements; - Prepare financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in existence. The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the applicable charities regulations. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Signed on behalf of the Trustees** A Dickson Date 14th July 2025 ## **NENE VALLEY COMMUNITY BAND STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 12TH MAY 2025** ||**Unrestricted**
**Restricted**|**Endowment**|**2025**|**2024**| |---|---|---|---|---| ||**£**
**£**|**£**|**£**|**£**| |**Incoming Resources**||||| |Subscriptions|4,860||4,860|4,910| |Performances|1,250||1,250|0| |Concert fees and events|1,713||1,713|2,300| |Interest|67||67|20| |Gift Aid|0||0|0| |**Total incoming resources**|**7,890**|-|-
**7,890**|**7,230**| |**Resources Expended**
Musical Director
Hire of Hall
Uniforms
Young Musician Scholarship
Instrument and music purchases
Safeguarding training
Insurance and Making Music subscript
Banners
Recording
Concert fees
Concert refreshments and gifts
Donation to Naseby Band
Website
Card machine charge
Flyers and printing|3,825
1,571
0
275
571
0
0
0
0
390
130
250
185
49
208||3,825
1,571
0
275
571
0
0
0
0
390
130
250
185
49
208|3,305
1,280
1,942
275
349
31
213
187
700
0
0
0
0
0
0| |**Total resources expended**|**7,454**|-|-
**7,454**|**8,282**| |Net Movement in Resources
Fund balances brought forward|436
7,088||436
7,088|(1,052 )
8,140| |**Funds carried forward**|**7,524**|-|-
**7,524**|**7,088**| 1. Movements of all reserves and all recognised gains and losses are shown above. 2. All of the charity's operations are classed as ongoing. ## **NENE VALLEY COMMUNITY BAND BALANCE SHEET** ## **AS AT 12TH MAY 2025** |**Notes**
**Fixed Assets**
Tangible assets
**Current Assets**
Debtors
Cash at bank and in-hand
2
**CREDITORS**: amounts falling due within one year
3
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
**CREDITORS**: amounts falling due after one year
**NET ASSETS**
**CAPITAL AND RESERVES**
General Funds
6
Endowment funds
Restricted funds
The notes form part of these financial statements
Approved by the trustees
A Dickson|**2025**
**2024**
**£**
**£**
**£**
**£**
0
0
0
0
7,799
7,088
7,799
7,088
275
0
7,524
7,088
7,524
7,088
0
0
**7,524**
**7,088**
7,524
7,088
0
0
0
0
**7,524**
**7,088**
Date
14th July 2025| |---|---| **NENE VALLEY COMMUNITY BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 12th MAY 2025** ## **1. BASIS OF ACCOUNTING** The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Income is received by way members subscriptions. It is shown in full in the Statement of Financial Activities, when received. There is no reason to expect any significant change in this income. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are received. There were no grants received in the year ended 12th May 2025. Restricted funds are to be used for specified purposes as required by the donor. Expenditure which meets these criteria is allocated to the relevant fund. Income derived from these funds is retained within the funds concerned. There are no restricted funds. |**2. CURRENT ASSETS**
Debtors
Prepayments
Cash/Bank
**3. CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors
Accruals & Deferred Income
**Total**|**2025**
**£**
0
0
7,798
**7,798**
**2025**
**£**
0
275
**275**|**2024**
**£**
0
0
7,088
**7,088**
**2024**
**£**
0
0
**0**| |---|---|---| **NENE VALLEY COMMUNITY BAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 12th MAY 2025** ## **4. PAYMENTS TO TRUSTEES** No trustees have been paid remuneration or have received other benefits from employment with the charity. Payments to trustees for reimbursement of expenses were as follows: |||**2025**||**2024**| |---|---|---|---|---| |Louise Shaw|music purchases||0|55| |Donna Rowan Gold|banners||0|188| |Sarah Hall|Flyers and printing||208|0| |David Farrow|Website||185|0| |Andy Dickson|Music||100|0| There were no related party transactions. ## **5. RESTRICTED FUNDS** There are no restricted funds currently held by the charity. |**6. UNRESTRICTED FUNDS**
Opening balance
Net funds for the year
Closing balance|**2025**
**£**
7,088
436
**7,524**|**2024**
**£**
8,140
(1,052)
**7,088**| |---|---|---| ## **7. RESERVES** The is currently no policy on holding reserves. Our reserve balance is zero. We haven't yet developed a policy on holding of reserves. ## **8. GOING CONCERN** There are no uncertainties about the charity's future although we are constantly vigilant against potential threats. ## **9. RISKS** Subscriptions are our biggest source of income. If we lost the majority of our musicians and failed to replace them, the running costs would exceed our income. For this reason, we work hard to make it both interesting and enjoyable for our musicians and public alike.