CHARITY REGISTRATION NUMBER: 501558 Stannington Brass Band Unaudited Financial Statements 31 December 2024 ALLEN, WEST AND FOSTER Chartered accountants Omega Court 364-366 Cemetery Road Sheffield S118FT Stannington Brass Band Trustees. Annual Report Year ended 31 December 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 De￿mber 2024. Reference and administrative detalls Reglstered charity name Stannington Brass Band Charity registratlon number 501558 Prlncipal office 48 Uppergate Road Stannington Sheffield South Yorkshire S6 6BX England The trustees L Dyson R Knowles R Slater P Attrill R Cross N Parris K Dowling F Riding Accountant8 Allen, West and Foster Chartered accountants Omega Court 364-366 Cemetery Road Sheffield S118FT Structure, governance and managernent The management of the band is carried out by the officers and committee, and formal meetings are scheduled on a monthly basis, but more frequently if necessary. Trustees are appointed on a nomination and election basis at the Annual General Meeting (AGM). Trustees have been recruited from within the organisation, either as current members (playing and non- playing), those associated with the Band or those with association by association. Objectives and activities The band exists for the study and practice of brass band music in order to foster public knowledge and appreciation of such music by means of performance. stannington Brass Band Trustees, Annual Report (continued) Year endod 31 Decomber 2024 Achievements and performance The band had a successful contesting year coming 9th in the Yorkshire Area Championship Section contest and 3rd in the Senior Cup of the Spring Festival gaining promotion to the Grand Shield. The band also came 41h in the Wetherby March and Hymn Contest, 3rd in the Morley March and Hymn Contest and 2nd in the Lecester BBA own choice test ple￿ contest Open Section. The band took on a full schedule of engagements in 2024 the donations to the band in particular from our Christmas carolling season were again very generous. Our own con￿rtS in April, October and December were very Suc￿sSfUl. Subs income was steady through the year due to a stable band of players in both senior band and training band. The bonus ball game continues to be a good source of fundraising income for the band. The band secured £2,500 funding from JG Graves Trust and £2,000 from Sheffield Town Trust which went towards our acoustic treatment of the band room. The band invested in B flat tubas this year {trading in our existing B flat tubas) on top of ongoing rna1ntenan￿ and servicing of other instruments. Flnancial review A deficit of £5,393 was made during the financial year (2023.. surplus of £5,372) leaving unrestricted reserves of £17,632 (2022.. £23,026} carried forward into the next financial year. The trustees, annual report was approved on 10 February 2025 and signed on behalf of the board of trustees by: P Attrill Chair Stannington Brass Band Independent Examiner's Report to the Trustees of Stannington Brass Band Yéar ended 31 December 2024 I report to the trustees on my examination ofthe financial statements of Stannington Brass Band ('the charity.) for the year ended 31 December 2024. Responslbllltles and basi5 of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (Yhe 2006 Act.). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(bl of the 2011 Act. Independent examinerfs statement I have compl&ted my examination. I confi'rm that no matters have come to my attention in connects'on with the examination giving me cause to belleve.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the flnancial statements do not accord wlth those records; or the financial statements do not comply with the accountlng requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which 18 not a matter considered as part of an independent examination; or the fi'nancial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Stephen Allen ACA FCCA Independent Examiner Omega Court 364-366 Cemetery Road Sheffield S118FT Stannington Brass Band Statement of Financial Activities Y&ar ended 31 December 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Investment income 4,127 27,296 118 4,127 27,297 118 3,115 23,994 79 Total income 31,541 31,541 27,188 Expenditure Expenditure on charitsble activits'es Total expenditure 36,935 36,935 36,935 21,816 36,935 21,816 Net (expenditure)Ilncome and net movement In funds (5,394) (5,394) 5,372 Reconclllatlon ol funds Total funds brought fO￿ard Total funds carried forward 23,026 17,632 23,026 17,654 17,632 23,026 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 6 to 8 form part of these financial statements. Stannington Brass Band Statement of Financial Position 31 December 2024 2024 2023 Note Current assets Cash at bank and in hand 17,632 23,026 Net current assets 17,632 17,632 23,026 Total assets less current liabilities 23,026 Funds of the charity Reslricted funds un￿strICted funds 17,632 17,632 23,026 23,026 Total charity fund8 These financial ststements were approved by the board of trustees and authorised for issue on 10 February 2025, and are signed on behalf of the board by.. P Attrill Trustee N Parris Trustee The notes on pages 6 to 8 forni part of these financial statements. Stannington Brass Band Notes to the Flnancial Statements Year ended 31 December 2024 General information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 48 Uppergate Road, Stannington, Sheffield, South Yorkshire, S6 6BX, England. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. Accounting policle8 8a81s of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concern There are no material uncertainties about the charity's ability to continue. Judgement8 and key Source8 of e8timation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the statement of financial activities. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated fund5 are unrestricted funds earmarked by the trustees for a particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of Iwo sub-classes.. restricted income funds or endowment funds. Stannington Brass Band Notes to the Flnancial Statements (contlnued) Year ended 31 December 2024 Accounting policie8 (contlnuedj Incoming resources All income is included in the statement of fi'nancial activities when received by the charity as the accounts are prepared on a receipts and payments basis rather than the accruals basis as permitted by the Charities SORP. Resources expended Expenditure is recognised on a payments basis as a liability is settled. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings ofthe statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non-charitsble trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. Charitsble actlvltle8 Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Subs Subs (Training Bandl Engagement fees Concert income Fund raising Gift Aid claims Insurance claims Patrons, fees Prize money Recording sales Other Income 4,770 1,830 6,535 3,979 5,463 1,964 724 1,390 535 107 4,770 1,830 6,535 3,979 5,463 1,964 724 1,390 535 107 4,067 1,768 5,665 5,590 2,463 1,942 4,067 1,768 5,665 5,590 2,463 1,942 1,170 1,000 266 1,170 1,000 266 23,994 23,994 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest 118 118 79 79 Stannington Brass Band Note8 to the Financial Statements (continued) Year ended 31 December 2024 Expenditure on charltable activities by actlvity typa Activities undertaken Total funds directly 2024 Total fund 2023 Brass Band Activities 36,g35 36,935 21,816 Expenditure on charitable activities is as follows.. 2024 2023 Conductor expenses Practice room hire Music Music (Training Band) Instruments Instrument repair Band equipment (non-instrument) Uniforms Hired players Concert expenses Contest entry fees Transportation Recording expenses Registration Performing rights Insurance Sundries Donations National Finals Accommodation Spring Festival Accommodation Total 8,454 3,593 323 77 9,511 1,315 7,376 7,740 4,271 358 117 940 746 220 983 630 986 690 1,626 1,020 579 210 264 1,781 239 299 239 1,772 889 974 36,935 523 21,816 Trustee remuneration and expen8e8 No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. No trustee expenses have been incurred. Financlal Instrumonts The carrying amount for each category of fi'nancial instrument is as follows.. 2024 2023 Financlal assets measured at fair value through income and expenditure Financial assets measured at fair value through income and expenditure 17,632 23,026