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2023-12-31-accounts

Charity Registration No: 514731

Tredegar Town Band Society

Annual Report and Financial Statements

For the year ended 31 December 2023

Tredegar Town Band Society Reference and Administration Information

Charity Name Tredegar Town Band Society
Charity Number 514731
Registered Address 25 School Road
Joys Green
Lydbrook
Gloucestershire
GL17 9QY
Trustees David Alwyn Powell
Iwan Fox
David Carey
Treasurer Jack Lythaby
Chairman David Thomas

2

Tredegar Town Band Society Trustee’s Report

The trustees are pleased to present their annual Trustee's report together with the financial statements of the charity for the year ended 31 st October 2023. The financial statements comply with the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice.

OBJECTIVES AND ACTIVITIES

Objectives

Provide tuition, instruments and music for members totalling 35 people in the Gwent Valleys. Take part in concerts, competitions, local processions, carnivals and other fundraising activities in the local community and more widely.

Activities

The band consolidated its progress made from the strong recovery post COVID-19 and became Welsh Champions for the second consecutive year in March 2023. In April, they represented Wales at the European Brass Band Championships in Malmo, Sweden.

2023 saw the band make its debut at the annual Whit Friday march competitions in the Saddleworth area of Manchester, where they became the first non-English outfit to win at Delph and earned them a top six place overall. Other strong competition performances at the British Open and National Finals saw the band rank 3[rd] and 4[th] respectively, consolidating its position in the top 6 ranked bands globally.

The band finished 2023 at the Principality stadium, where they performed to a crowd of 53,000 at the Wales vs Barbarians rugby match, which saw the send off of two of Wales’ rugby greats in Alun Wyn Jones and Leigh Halfpenny.

FINANCIAL REVIEW

The statement of financial activities shows that there is a deficit of income over expenditure for the year of £6657.00. At the end of the year the unrestricted fund reserves carried forward are £19,923.00.

RESERVES POLICY

The band only has one unrestricted reserve for the activities of the charity.

PLANS FOR FUTURE PERIODS

The Trustees continue to explore further opportunities to achieve the charity's objectives and continue to represent South Wales on national and international stages.

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TRUSTEES

Trustees who served the society during the year are detailed on page 1. Trustees are reviewed on an annual basis and are appointed on election by members.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity was registered at the Charity Commission on 23rd January 1984 and is governed by its constitution.

Day to day operation of the band is overseen by the Band Manager, with the strategic management overseen by the Management Committee and Trustees.

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Tredegar Town Band Year ended 31 December 2023 Receipts and Payment Account

Receipts
100 Club Donatons
Concert Fees
Contest Prizes
Gif Aid
Grants, Donatons and Contributons
Recording and Merchandise Income
Recording Fees
Bank Charges
Contesting Costs
Insurance
Music and Commission Costs
Musical Director Fees
Other Costs
Players Costs and Expenses
Professional Services
Rental Costs
Travel and Accomodation
Utilities and Insurance
Utilities
Instruments and Uniforms
Opening Cash
Deficit for the year
Payments
(Deficit)/Surplus of receipts over trading payments
Capital Expenditure
Closing Cash
2023
£
2022
£
(6,657)
19,923
2,030
14,188
6,993
5,939
61,039
-
500
90,689
94
2,014
2,232
1,082
18,700
9,354
23,055
839
4,007
32,009
-
3,959
97,345
-
26,580
(6,657)
-
22,042
4,376
-
52,627
561
-
79,606
-
-
-
-
28,800
13,789
-
-
-
40,009
6,215
-
88,813
(9,207)
1,165
36,952
(10,372)
26,580

All balances are attributable to unrestricted reserves

Signed on behalf of the Trustees on 6 May 2025

JWLythaby

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Tredegar Town Band Society ~~a~~ On accounts for the year 31 December 2023 Charity no 514731 ended (if any) ~~eeee ee~~ Set out on pages n/a ~~OO~~ I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns 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.

Signed: Date: 06/05/2025 Name: Robert Hunter ~~PT~~ Relevant professional FCMA qualification(s) or body (if any):

Address: Brynhyfryd, Peterstow, Ross on Wye, HR9 6JZ

1

Oct 2018

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of n/a any items that the examiner wishes to disclose .

2

Oct 2018

IER