BALLYRF.AGII SILVF.R BAND TRUSTF.F.S' ANNUAL RF.PORT AND ANNUAI, FUNDS STATF.MENT FOR THE YEAR ENDF.D 31ST MARCH 2024 HASSARD McCLF.MF.NTS LIMITF.D CEIARTF.RF.D ACCOUNTANTS AND RF.CISTF.RTr=I) AUDITORS 32 Tr=AST BRIDGE STREF.T F.NNISKILLF.N CO FERMANAGII BT74 7BT BALLYREAGH SILVER BAND TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2024 'rhc trustees. prcscnt thc annual report and statements of Rcccipts and Payments and Assets and Liabililics for Ballyreagh Silver Band for thc year cnded 31" March 2024. Charity Number: 103807 The Charity's principal address is: l Ballyrcagh Road Mullyknock Co. l-, ernianagh E31'94 3AN Thc Charity's Truslccs Board is: Miss Sharon Wilson Mr Warrcn Kcrr Mr 'fhomas Edwards Mr CcLil Arnistrong Ob cctivcs and Activities Objectives Ballyrcagh Silvcr Band is established to advance the education of thc public in brass band music and in the playing ofbrass band instrumcnts by giving pcrfonnance for Ihc bcncfil of thc gciicral public and by thc provision oftraining and education. Key Activitics in this year Ballyrcagh Silvcr Band attcndcd many different cngagcmcnt5 during ihe year in our local community and also furthcr aficld. Also, as part ofour repertoirc wc hostcd our own conccrt and also led a local orange lodgc tn the annual 12, ofJuly procecdings. Ballyreagh Silvcr Band Trustccs havc considered "lThc Charity Comtnission for Northcrn Ireland's general guidance on public bcncfit when rcvicwing our objectives and in planning our future activitics to ensure that thcse achieve the association's purposes and provide bcncfit to bcncficiarics. Financial review As at 31, March 2024 thc charity had total unrcstricted fund5 of £28,578 (2023 - £24,257) and totsl rcstricted funds of £Nil (2023 £Nil). Rcscrves Policy Ilallyrcagh Silvcr Band havc a Rcscrvcs Policy, which rcquircs ihal rcscrvcs arc built or maintaincd at a Icvcl which ensurcs that ihe organi5ations corc activities could continuc during a period or unforcscen dI￿lCUltY and that thc organisations known liabilities will bc paid should the organisation ccasc lo tradc. Achievements Performance and Public Benefit Thc dirccl bcncfits of thc Charitics purposcs are by providing a profcssional lulor on a weekly basis for individuals of all agcs to come and to lcarn how to play brass band instrumcnts and to rcad or follow Tnusic. Thcsc Icssons arc providcd frcc of chargc to young pcoplc thcy also provide an opportunity for older individuals to Icarn how to play or rcncw a talcnt or hobby ihal thcy had ycars before. Therc arc many bcncfits for individuals to learn and play a brass instrumcnt; thc morc obvious may bc thc talcnl and undcrstaiiding ofplaying and reading music. (hhcr benefils that pcoplc can gain froin the opportunity that wc arc providing is a Social aspcct, mccting ncw pcoplc from diffcrenl backgrounds as cvcryonc comes togethcr for ihc same outcomc of playing music. Furthcnnore, it h¢lps to providc children with a boost of confidcncc which can help in other aspects of thcir livcs. Thc Chairty also helps build community rclationships as the band pcrfomis as cross-community events Statement ofTrustee's Re5 onsibilities Thc 'l'rustees are responsible for preparing the Truslcc's Report and thc Siatement of Receipls and Paymcnls and Statcmcnt of Asscts and Liabililies in accordance with applicablc law and rcgulations. "rhc law applicable lo charitics in Northcrn Ircland with incomc Icss that £250.000 rcquircs the Irustecs to prcparc a Staicmcnt of Reccipls and Paymcnls and a Statcmcnt of Asscls and Liabililies for cach financial year. "I'he"frustccs arc rcsponsiblc for kccping accounting rccords that arc suificicnt to show and cxplain thc 13