PRS Patton Rainey I Stenson Limited CHARTERED ACCOUNTANTS & REG1STERED AUDITORS Registered Charity Number NIC 101522 CHURCHILL SILVER BAND UNAUDITED FINANCIAL STATEMEINTS FOR THE YEAR ENDED 31 DECEMBER 2023 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry out audit work and regulated for a range of investment business activities in the United Kingdom by the Inslitule of Chartered Accountants in Ireland CHURCHILL SILVER BAND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 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 BAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report together with the financial statements of Churchill Silver Band for the year ended 31 December 2023. The Trustees confirn] 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 Jol]n Ferguson Mr Edward Rogers Mr Nomian Donaldson Mr Andrew Gordon The registered office of the band is:_ 62 Churchill Road Tullynagowan Derrygonnelly Co Femianagh BT93 6BL Independent Examiner:_ Stephanie Stenson FCA Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street EnniskiIlen Co Fennanagh BT74 7BT Structure? 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 Northern 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 ternis of the constitution. CHURCHILL SILVER BAND TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Objectives and Activities The band's objectives are to advance the education of persons in the Churchill and surrounding areas in the skÈlls, art and science of music performed 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 instrLllnents. In addition concerts and perfonnances were given by the band to inform 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 £8,847 during the year. Expenditure related to the nomial running costs of a band and mounted to £7,027 resulting in a sury)lus of Receipts over Expenditure of £1,820 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 expenditu￿. 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 activitics however this would be on a reduced scale. Plans for the future Future developments The charity intends to continue the work it perfonns 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 2023 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 2024. And signed on their behalf by: Mr Edward Rogers Trustee PRS Patton Rainey I Stenson Limited CHAR TERED ACCOUNTANTS & REGISTEFtED AUDITORS CHURCHILL SILVER BAND INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF CHURCHILL SILVER BAND FOR THE YEAR ENDED 31 DECEMBER 2023 I report on the accounts of the Trust for the year ended 31 December 2023, which are set out on pages7to Il. 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 satisfEed myself that the charity is not subject to audit under Charities Legislation and is eligible for Independent Examination. 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 Northem Ireland under Section 65(9)(b) of the Charities 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 examÈnation 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 comparison of the accounts presented with those records. It also included consideration 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 infomation needed for a proper understanding of the accounts to be reached. CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Registered lo carry oul audit work and regulat&d lor a range ol investment business activities in the United Kingdom by the Insiilute ol Chartered Acwunlants in Ireland PRS Patton Rainey I Stenson Limited CHAATEREO ACCOUNTANTS & REGISTERED AUDITORS CHURCHILL SILVER BAND INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF CHURCHILL SILVER BAND FOR THE YEAR ENDED 31 DECEMBER 2023 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. eTh Stephanie Stenson FCA Patton Rainey Stenson Limited Chartered Accountants 6 East Bridge Street Enniskillen Co Fennanagh BT74 7BT Date: 31 October 2024 CHARTERED ACCOUNTANTS IRELAND Chartered Tax Advisers Reglstered lo carry out audit work and regulated lor a range of investment business aclivilies in the United Kingdom by the Inslilule of Chartered Accounlanls in Ireland CHURCHILL SILVER BAND RECEIPTS & PAYMENTS ACCOUNT - STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 DECEMBER 2023 Restricted Unrestricted Funds Funds 2023 2023 Total 2023 Total 2022 Income Perforniance Fees Subscriptions Rent of Hall Bank Interest received Donation Loan FODC Grants DAERA Grant 4,421 860 4,421 860 410 57 150 500 954 2,243 890 521 410 57 150 250 4,300 6,662 500 954 Expenditure Conductor Bank Fees General Expenses & Accountancy Insurance Running Expenses Improvements to Hall Repayment of Loan Donations 2,190 59 401 674 81 2,190 140 401 1,174 472 1,900 500 250 1,350 99 417 1,109 698 5,700 4,300 81 500 391 1,900 500 250 1.820 1,201 Total Funds brought fO￿ard Revaluation Reserve Total Funds carried forward 142,048 130,847 143 868 142 048 CHURCHILL SILVER BAND STATEMENT OF ASSETS AND LIABILITIES for the year ended 31 December 2023 2023 2022 Note Fixed Assets Hall at valuation by Trustees 85,000 85.000 Current Assets Bank Balance Band uniforms and Instruments at valuation 8,868 7,048 Net Assets 143 868 The financial statements were approved by the Board of Trustees on 31 October 2024 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 2023 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. Tangible 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 unifonns and instruments are stated at Trustees, valuation 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 ￿ndS can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds 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 2023 2. TANGIBLE FIXED ASSETS Land & Buildings Totals 31.12.23 31.12.23 Trustee's Valuation at 31 December 2023 85 Trustees, Valuation at 31 December 2022 00 Land and Buildings are recorded at Trustees, Valuation. 3. BAND UNIFORMS AND INSTRUMENTS 31.12.23 31.12.22 Band Unifornis and Instruments These are recorded at Trustee's valuation. 10 CHURCHILL SILVER BAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 4. MOVEMENT IN FUNDS AtlJan 2023 Incoming Resources Outgoing Resources At 31 Dec 2023 Restricted Funds Hall Improvements 321 321 308 72 Unrestricted Funds General Fund 141727 141727 143 560 Total Funds 142 048 84 14 Pur oses of Restricted Funds Grants were received during the year for the improvements to be carried out on the hall. 5. TRANSACTIONS WITH THE TRUSTEES There were no transactions with trustees during the year.