2024-12-31-accounts - Burbage Band (Buxton)

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Burbage Band Treasurer's Report to AGM for the year January to December 2024

My report for the year 2024 deals with a set of figures on the attached audited accounts showing bigger numbers than any previous year that I am aware of. This is mainly because we applied for and received substantial amounts of Grant monies from the National Heritage Lottery Fund and Arts Council England to fund the Band’s Project called “Burbage Works”. You will be aware, from other reports to the AGM, that this project occupied a lot of time and effort on the Band’s part in 2024 but boy was it worth it in so many respects and the Band has gained many plaudits and new followers as a result. I am very grateful to Brass Bands England for their major contribution to enable us to receive these Grants. We could not have carried through the Burbage Works programme without their backing and considerable expertise.

Our financial position remains healthy. We made a profit in the year of £14111.94. Income rose substantially and I was able to put some of the Band’s funds into a 35 day notice Savings Account to earn interest. We currently have £26000 (plus interest) invested in that way. Setting aside the grant money received, most of the income from engagements and fundraising increased in 2024, but the biggest rise was in donations to the Band, which was pleasing to see. Expenditure also increased exponentially because of the costs associated with the Burbage Works Project but apart from this it was very similar to the previous year except from room hire costs, but these included the hire of Stoller Hall in Manchester. As has become usual in the last few years, we shall be making a filing return with the Charity Commission, so the public can view our accounts figures should they wish and can see we are spending the money in a proper manner.

Income on the concert provision front rose, not only because of the slight increases we made to account for inflation but also because of the ability to sell out our performances at St John’s Church and Buxton Methodist Church. My thanks go to everybody associated with putting on and making these performances so popular with our public followers. The public also gave generously to the Band at our carolling sessions around Buxton, so a big vote of thanks goes to them too.

The 100 Club also ran successfully and was well supported in the past year. Like 2023 prizewinners were also very generous in donating their winnings back to the fund. Thanks must go to Darren for his hard work in nurturing the 100 Club membership. It has been another successful year of operations for the Club. I recommend to the AGM that we transfer £1000 (the same as last year) to the General Fund and seek the meeting’s approval to do that.

Looking at the foot of the second page of the Annual Financial Statement, you will see details of the Band’s balance sheets for the General Fund and the 100 Club Accounts. The total resources in Band money at the end of December 2024 amount to £50,712.46. We must remember that this includes some money specifically designated as reserved monies because

they belong to Heritage Lottery and Arts Council Funds if not spent by the Band on the Burbage Works Project. There will still be matters to be paid for in 2025. Despite this, our funds in hand are substantial and maintain the Band in a healthy and stable position particularly as we do not do an annual stock-take so we do not record the value of our other assets such as band premises, value of instruments, music, equipment, uniforms and other like items in the balance sheet. Finally, may I record my thanks to Ian Armett for again auditing these annual accounts. I am annually exceedingly grateful to him.

I recommend these accounts for approval by the AGM. I shall be pleased to answer any questions you may have either tonight or later (phone 01298 71436 or e-mail jeannepip@yahoo.com)

Peter R Henson Hon Treasurer March 2025

BURBAGE BAND (BUXTON) FINANCIAL STATEMENT FOR THE YEAR ENDED 31DECEPABER 2024 GENERAL FUND RECEIPTS & PAYMENTS RECEIPTS 2024 2023 BANK INTEREST (on 35 DAYS NOTICE AIC) ENGAGEMENTS GRANTS (includes Heritage Lottery and Arts Council) FUNDRAISING (Concerts, Bandstand & Street Collections) DONATIONS TAX REFUND ON GIFf AID PAYMEl+trs and TAX REFUND ON GASDS COLLECTIONS TRANSFER INTO CO-OP 35 DAY NOTICE SAVINGS AJC TFIANSFER FROM 100 CLUB BAND DINNER PRESENTATION EVENING SALES OF CD'S BAND PROJECT REFUNDED MONFf FEES FROM ROOM HIRE INsTRUmEr REPAIR COST REFUNDED BY MEMBER TOTAL ECEI TS 186.18 1895.00 37197.00 8510.50 3844.03 ' 512.24 86.00 4765.93 7000.00 4900.97 874.51 617.69 25000.00 1000.00 675.00 59.83 120.00 300.00 220.00 1000.00 180.00 398.98 80.00 79519.78 904.08 PAYMENT INSURANCE REGISTrATIONSIMEMBERSHIP FEES BANDROOM MAINTENANCEIFIRE EQUIPMT SERVICE NEWMUSIC ELECTRICITY & WATER DINNER PRESENTATION EVENING TRAVEL MUSICAL DIRECTOR & BAND OFFICERS, HONORARIA GUEST MD FEE & SOLOISTS BRASS BANDS ENGLqND GRANT APPLICATION FEE CONTEST ENTRY FEE PURCHASE OF INSTRUMENTS & REPAIRS PRS LICENCE MISC COSTS LONG SERVICE AWARDS ROOM HIRE .' MEfHODIST CHURCH & ST JOHNS ETC REFRESHMENT COSTS AT CONCERTS BURBAGE WORKS PROJECT COSTS TO DATE TRANSFERS TO 35 DAY SAVINGS ACCOUNT TOTAL PAYMENTS 1031.05 430.40 1840.52 1126.79 1882.06 677.15 1255.00 3000.00 140.00 0.00 165.00 6115.18 175.86 217.84 59.48 2425.00 480.25 19386.26 25000.00 1119.84 492.60 614.60 622.17 1589.64 762.00 730.00 2875.00 580.00 600.00 145.00 7219.28 159.88 400.54 262.45 697.50 151.41 65407.84 19021.91 EXCESS OF RECEIPTS OVER PAYMENTS IN 2024 EXCESS OF RECEIPTS OVER PAYMENTS IN 2023 14111.94 882.17 TOTAL SURPLUS 14111.94 882.17

100 CLUB ACCOUNT YEAR JAN to DEC 2024 2024 2023 MONIES RECEIVED FROM MEMBERS Less PRIZES AWARDED in 2024 Pnzes awarded in 2023 2049.50 810.10 1855.39 890.00 BALANCE: SURPLUS ON YEAR'S OPERATIONS ADD UNPRESENTED 2024 WINNERS, CHEQUES ADD INTEREST EARNED ON RESERVE ACCOUNT TOTAL SURPLUS LESS TRANSFER TO GENERAL FUND 1239.40 1S2.50 110.79 1512.69 1000.00 512.69 965.39 185.00 105.14 1235.53 1086.00 149.53 TOTAL SURPLUS SURPLUS IN 2023 (after adjustments) 512.69 122.53 BALANCES IN HAND IN BANKACCOUNTS 31112124 CO-OP BANK COMMUNif( AJC+35 DAY SAIANGS AIC NAT WEST BANK CURRENT AIC 100 CLUB NAT WEST BANK RESERVE ACCOUNT 100 CLUB BANK BALANCES TOTAL 47146.97 1875.24 1690.25 33035.03 1473.34 50712.46 1579.46 36087.83 N.8. £15,399.97 of above funds are restricted funds held for Burbagfi Works Project BALANC YEET at 31st December 2024 MONIES IN ACCOUNTS AT 0110112024 PROFIT FOR YEAR ON GENERALAJC & 35 DAY AIC SURPLUS FOR YEAR (as above)- 100 CLUB NC TOTAL MONIES IN HAND AT 311121243 36087.83 14111.94 512.69 50712.46 Independent Examiners Report to the OffirS and Committee of Burbage Band (Buxton) for the year ending 31 st December 2024 I have Independentty examined the Accounts of the Burbage Band (Buxton) as required by the Charity Commission Accountfng Regulations I have examined all accounting records and traced them back to Invoices, Receipts, Payments Bank Statements, Cheque Books, and Bank Paylng in Books. The Accounts have been prepared on the receipts and payments basis. No matters have arisen during the course of my examination quiring me to give an adverse reporL DATED: Fe@LAky 2025 SIGNED: IAN ARMETf HON. AUDITOR