Chartered Accountants and Registered Auditors Registered Charity Number NIC 101522 CHURCHILL SILVER BAND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Reglstered to carry oul audil work and regulated lor a range ol investment business a¢iivilies in the United Kingdorn by the Instiluie ol Chartered Accountants in Irelanc*
CHURCHILL SILVER BAND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Page Contents Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9- 11
CHURCHILL SILVER BAIYD TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The Trustees present their annual report together with the financial statements of Churchill Silver Band for the year ended 31 December 2022. The Trustees confimi that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charities goveming document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in January 2015. The following Trustees held office during the year and remain in office: Mr John Ferguson Mr Edward Rogers Mr Norn]an Donaldson Mr Andrew Gordon The registered office of the band is: 62 Churchill Road Tullynagowan Derrygonnelly Co Fern]anagh BT93 6BL IndependerAt Examiner:_ Stephanie Stenson FCA Patton Rainey & Associates Chartered Accountants 6 East Bridge Street Enniskillen Co Fernianagh BT74 7BT Structureg governance and management Constitution The Band is registered as a charity and was set up by a constitution on 4 September 2007. The Band is also registered with the Charity Commission for Northem Ireland under number NIC 101522. b. Method of appointment or election of Trustees The management of the Band is the responsibility of the Trustees who are elected and co- opted under the terms of the constitution.
CHURCHILL SILVER BAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Objectives and Activities The band's objectives are to advance the education of persons in the Churchill and surrounding areas in the skills. art and science of music perfornied by traditional brass bands. During the year these objectives were achieved by holding band practices, arranging for instruction and tuition of members in the playing of their instruments. In addition concerts and perforn]ances were given by the band to infonn the wider public in order that they could obtain a better understanding and appreciation of traditional brass band music. Financial review Churchill Silver Band is a registered charity that promotes traditional silver band music in the Churchill area. Receipts are obtained from perforniances, hall rental and grants and amounted to £14,874 during the year. Expenditure related to the nornial running costs of a band and mounted to £13,673 resulting in a surplus of Receipts over Expenditure of £1,201 for the year. Reserves policy It is the policy of the Charity that reserves, that have not been designated for a specific Purpose should be maintained at a level equivalent to 12 months expenditure. The Charity considers that reserves at this level will ensure that, in the event of a significant drop in funding. they will be able to continue some activities however this would be on a reduced scale. Plans for the future Future developments The charity intends to continue the work it perfomis in promoting traditional silver band music for the benefit of the public. Trustees, responsibilities statement The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charities legislation requires the Trustees to prepare financial statements for each financial year. Under Charities legislation the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the receipts and payments, of the charity for that year. In preparing these financial statements, the Trustees are required to:_
CHURCHILL SILVER BAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP" make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities legislation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the Trustees on 31 October 2023. And signed on their behalf by: Mr Edward Rogers Trustee
o)q<s Chartered Accountants and Regislered Auditors CHURCHILL SILVER BAND INDEPENDENf EXAlkllNER'S REPORT TO THE CHARITY TRUSTEES OF CHURCHILL SILVER BAND FOR THE YEAR ENDED 31 DECEMBER 2022 I report on the accounts of the Trust for the year ended 31 December 2022, which are set out on pages 7 to 11. Respective Responsibilities of Charity Trustees and Examiner As the Charity's Trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. Having satisfied myself that the charity is not subject to audit under Charities Legislation and is eligible for Independent Exatnination. It is my responsibility to: examine the accounts under Section 65 of the Charities Act follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Chatities Act state whether particular matters have come to my attention Basis of Independent Examiner's Report I have examined your Charity Accounts as required under Section 65 of the Charities Act and my exatnination was carried out in accordance with the general directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities Act. My examination included a review of the accounting records kept by the Charity and a CoparIS0n of the accounts presented with those records. It also included considerntion of any unusual items or disclosures in the accounts, and seeking explanations from you as Charity Trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: l. That accounting records were not kept in accordance with Section 63 of the Charities Act. 2. That the accounts do not accord with those accounting records. 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further information needed for a proper understanding of the accounts to be reached. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regulated lor a range ol investment business a¢iivilies In the Uniled Kingdom by the Institute ol Chariered Accountanls in Ireland
o)0 Chartered Accountants and Registered Auditors CHURCHILL SILVER BAND INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF CHURCHILL SILVER BAND FOR THE YEAR ENDED 31 DECEMBER 2022 Independent Examiner's Report I have completed my examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following the directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. Stephanie Stenson FCA Patton Rainey & Associates Chartered Accountants 6 East Bridge Street Enniskillen Co Fernianagh BT74 7BT Date: 31 October 2023 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered to carry out audit work and regulated for a range ol inveslmeni business activities in the United Kingdom by the Institute of Chartered Accountants in Ireland
CHURCHILL SILVER BAND RECEIPTS & PAYMENTS ACCOUNT - STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 DECEMBER 2022 Restricted Unrestricted Funds Funds 2022 2022 Total 2022 Total 2021 Income Perfonnance Fees Subscriptions Rent of Hall Bank Interest received Donation Loan from Trustee Instruments Grant FODC Grants DFC Grant DAERA Grant 2,243 890 2,243 890 521 1,100 521 120 250 250 4,300 4,300 9,815 10.904 1,000 6,662 6,662 Expenditure Conductor Bank Fees General Expenses & Accountancy Insurance Repairs to Instruments Running Expenses New Instrumcnts Improvements to Hall Hall Chairs & Small Equipment Repayment of Loan 1,350 54 417 623 1,350 99 417 1,109 1,250 92 360 1,477 66 158 9,815 9,473 1,490 45 486 631 67 698 5,700 5,700 1.201 25 Total Funds brought forward 130 847 130 822 Total Funds carried forward
CHURCHILL SILVER BAND STATEIIIENT OF ASSETS AND LIABILITIES for the year ended 31 December 2022 2022 2021 Note Fixed Assets Hall at valuation by Trnstees 85.000 85,000 Current Assets Bank Balance Band unifornis and Instruments at valuation 7,048 5,847 Net Assets 142 048 The financial statements were approved by the Board of Trustees on 31 October 2023 and were signed on its behalf by: Mr Edward Rogers - Trustee
CHURCHILL SILVER BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUNTING POLICIES Accounting Convention The financial statements have been prepared under the historical cost convention, and in accordance with the requirements of the Statements of Recommended Practice, Accounting and Reporting by Charities. Income & Expenditure recognition policy Income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services to its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Tallgible Fixed Assets Tangible fixed assets are stated at Trustee's valuation. No depreciation has been provided on land and buildings. Band Uniforms and Instruments Band unifornis and instruments are stated at Trustees, valuatlon which is based on replacement cost with an allowance for the wear and tear. Taxation The charity is exempt from corporation tax on its charitable activities Fund Accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted fLmds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
CHURCHILL SILVER BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 2. TANGIBLE FIXED ASSETS Land & Buildings Totals 31.12.22 31.12.21 Trustee's Valuation at 31 December 2021 Trustees, Valuation at 31 December 2022 00 Land and Buildings are recorded at Trustees, Valuation. 3. BAND UNIFORMS AND INSTRUMENTS 31.12.22 31.12.21 Band Uniforn]s and Instruments These are recorded at Trustee's valuation. 10
CHURCHILL SILVER BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 4. MOVEMENT IN FUNDS AtlJan 2022 Incoming Resources Outgoing Resources At 31 Dec 2022 Restricted Funds Hall Improvements 321 Unrestricted Funds General Fund 130 847 130 847 141727 141727 Total Funds 130 847 142 048 Pur oses of Restricted Funds Grants wcre received during the year for the improvements to be carried out on the hall. Grant claims were made for expenditure Incurred on running costs of the hall and small repairs and improvements of the hall. All grants were fully expended at the year end. 5. TRANSACTIONS WITH THE TRUSTEES During the year a trustee advanced monies to the charity to help fund hall improvements for which a grant was subsequently secured. The amount was repaid in full before the year end.