Armagh Old Boys Silver Band and Social Club Financial Statements for the year ended 31st March 2025 IrtCLSufjer - ecre lo Armagh Old Boys Silver Band and Social Club Report of the Trustees The trustees present their report and the financial statements for the year ended 31 March 2025. Structure, governance and management The trustees have adopted the provisions of the Statement of Recommended Practice ISORP] "Accounting and Reporting by Charities" issued in 2008 in preparing the report and financial statements of the charity. They have also had regard for any other information required by law or the charitWs governing document. Objertlves and artlvltles Armagh Old Boys Band seeks to provide entertainment through its concerts, summer schools and other social events throughout each year, in doing this it offers a sense of community within the Armagh area. It also encourages people from all ages to take up playing musical instruments with specialist tuition and previously mentioned summer schools. Achievements and performance Our mission is to advance the aspirations of those with an interest in music and provide a sense of community through musical events and learning. Financial Review It is the policy of the charity to maintain restricted reserves which matches the needs of the band, both at the current time and the foreseeable future. This provides sufficient funds to cover running costs which include management, administration and support costs. Statement as to disclosure of information to the independent examiner In so far as the trustees are aware: there is no relevant information of which the independent examiners are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of that information. Statement of trustees, responsibilities The trustees are responsible for preparin8 the annual Trustees, Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Armagh Old Boys Silver Band and Social Club Report of the Trustees (continued) Law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to: select suitable accounting policies and then apply them consistently: make judgements and estimates that are responsible and prudent; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which 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 Act (Northern Ireland) 2008. They a￿ also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularities. Independent Examiners A resolution proposing that WHR Accountants Ltd be re-appointed as independent examiners of the charity will be put to the Annual Gp.ne_ral Meeting. On behalf of the board . J A Stevenson Treasurer 24 Mullinasilla Road Armagh Armagh Old Boys Silver Band and Social Club Independent Examiners Report We report on the Accounts for the year ended 31 March 2025 set out on pages 5 to 8 Respertive responsibilities of trustees and examiner The Club committee are responsible for the preparation of the accounts. The club committee consider that an audit is not required for this year under Licencing and Registration of Clubs (Amendment) Act INI) 2013 and that an independent examination is required. Having satisfied ourselves that the club is not subject to audit under company law and is eligible for independent examination, it is our responsibility to: examine the accounts under The Registration of Clubs IN.1) Order 1996 to State whether particular matters have come to our attention. Basis of the independent examiner's report An examination includes a review of the accounting records kept by the club and a comparison of the accounts presented with those records. It also Includes consideration of any unusual Items or disclosures in the accounts, and seeking explanations from you as committee member concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statements below. Independent examiner's statement In connection wlth our examlnatlon, no matter has come to our attentlon: {11 Which gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records in accordance with The Registration of Clubs INI) Order 1996 to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006. have not been met; or (2) Which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. WHR Accountants Ltd Chartered Certified Accountants 56 English Street Armagh BT61 7LG Armagh Old Boys Silver Band and Social Club Income and Expenditure Account Year ended 31st March 2025 2025 2024 Notes INCOME Gifts & Donations 2.803 3,261 3,145 9,181 3,184 3,468 9,195 12.160 Power Nl Grants Foden's Concert TOTAL INCOME 18.390 28,007 EXPENDITURE Utilities Telephone & Postages Accountancy Fees Bank Charges Repairs & Maintenance Gifts & Donations Sundries Depreciation Foden's Fees Water Rates Travelling Catering Rates Licences 1,462 405 615 286 1,371 376 570 332 574 Ibu 511 750 130 66 5,619 6,406 5.100 88 95 5,173 141 4,023 3,219 1,511 697 1,580 Music Accommodation Insurance 860 4,135 1,547 4,166 TOTAL EXPENDITURE 26.Z55 ZY,313 NET SURPLUS I {DEFICIT) TO GENERAL RESERVE 17.865) {1.306) APPROVAL OF ACCOUNT The Income and Expenditure Account was approved by the Committee: 4) Ste I Stevenson Chairman on behalf of Committee G Stewart Secretary JA Stevenson Treasurer Armagh Old Boys Silver Band and Social Club Balance Sheet Year ended 31st March 2025 2025 2024 Notes FIXED ASSETS 182,100 187,719 CURRENT ASSETS Cash on Hand Cash at Bank 530 530 42,313 1,635 44,478 46,180 Prepayments 46,710 CURRENT UABIUTIES Accruals 600 586 586 Excess of Current Assets over Uabilits"es 43.878 46,124 TOTAL NET ASSETS 225,978 233,843 RETAINED RESERVES Accumulated Fund Opening Balance Surplus / (Deficit) for year CAPITAL EMPLOYED 233.843 17,8651 225,978 235,149 11,306) 233,843 PREPARATION OF ACCOUNT WHR Accountonts Ltd 56 English Street Armagh BT61 7LG APPROVAL OF ACCOUNT The Balance Sheet was approved by the Committee: Stevenson Chairman G Stewart Secretary JA Stevenson Treasurer on behalf of Committee Armagh Old Boys Silver Band and Social Club Notes to the Statement of Accounts Year ended 31st March 2025 Note I Statement of Accountin Policies The Statement of Accounts have been prepared in accordance with applicable accounting standards in the United Kingdom. la) Basis of Pre aration The Accounts are prepared under the historical cost convention. {bl De reciation Depreciation is provided on all tangible fixed assets other than freehold land and buildings, at the following annual rates, calculated to write off each asset over its expected useful life as follows: Instrument5 Fixtures & Fittings 5% Reducing Balance Basis 12.5% Reducing Balance Basis Note 2 Grants Received ABC Council Grant re Foden's summer school ABC Council re Georgian Day ABC Council Grant re Foden's summer school 2025 2,000 950 195 3,145 Total Grants Received Note 3 Fixed Assets Buildings Fixtures & Instruments Totsl Fittings Cost At l April 2024 At 31 March 2025 128,346 128.346 82.101 82.101 46,885 257,332 46.885 257,332 Depieciation At l April 2024 Char8e for year At 31 March 2025 55,603 3,975 59,578 14,010 1,64a 15,654 69,613 6,406 76,019 NBV at l April 2024 NBV at 31 March 2025 128,346 128,346 26,498 22.523 32,875 187,719 31,231 181,313 Armagh Old Boys Silver Band and Social Club Notes to the Statement of Accounts (Continued) Year ended 31st March 2025 Note 4 2025 2024 Cash at Bank Danske Small Business - Armagh Old Boys Band Danske Bank Fixed Term Deposit- Arrnagh Old Boy5 Band 7,313 35,1)00 42,313 46,180 46,180 Note 5 2025 2024 Pre ments Insurance 1,635 1,635 Note 6 2025 2024 Accruals Accountancy Fees 600 586 600 586