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2024-03-31-annual-report

BALLYREAGH SILVER BAND TRUSTEES, ANNUAL RFPORT FOR THE YEAR ENDED 31ST MARCH 2024 The truslecs, prcscnt the annual report and statemcnts of Receipis and Payments and Asscts and Liabililics for Ballyrcagh Silver Band for thc ycar cndcd 31, March 2024. Lhariiy Number: 103807 Thc Charity's principal addrcss is: l Ballyreagh Road Mullyknock Tempo Co. l-. ernianagh B"1'94 3AN The Charity's 'fruslecs Board is: Miss Sharon Wilson Mr Warrcn Kerr Mr"fhomas Ldwards Mr Cccil Annstrong Ob ectives and Activities Objectives lallyrcdgh Silver Band is established to advance thc education of thc public in brass band music and in ihc playing ofbrass band instruments by giving pcrformance for the bcncfil of ihc gcncral public and by th¢ provision of training and cducation. Key Activities in this year E3allyrcagh Silver Band altended many diffcrcnt cngagcmcnts during the ycar in our local community and also furthcr aficld. Also. part of our rep¢rtoirc wc hoslcd our own concert and also lcd a local orangc lodgc in thc annual 12, of July proceedings. Ballyrcagh Silver Band Trusiee5 have considered Th¢ Chariiy Commission for Northcrn Ireland's general guidancc on public bcncfit when reviewing our objectives and in planning our fulure aclivilics to ensurc that these achieve thc association's purposes and provide b¢n¢fit to kncficiarics. Financial review As at 31$1 March 2024 the charity had iotal unrcstrictcd funds of £28.578 (2023 - £24,257) and total r¢strictcd funds of £Nil (2023 £Nil).

Rescrves Policy Ballyreagh Silver 13and have a Rcserves Policy. which rcquircs thal rcservcs arc built or mainlaincd at a Icvcl which ensurcs thai ihc organisalions corc activities could conlinuc during a period or unforcsccn di￿leuItY and thal the organisations known liabilitics will bc paid should the organisation ccase to tradc. Achievements Perfonnance and Public Benefil Thc dircct benefits of thc Charitics purposcs arc by providing a profcssional tutor on a wcckly basis for individuals of all dgcs to comc and io Icarn how to play brass band instrumcnls and io rcad or follow music. I'hcsc Icssons arc providcd frcc of charge to young pcoplc thcy also providc an opportuniiy for oldcr individuals to learn how to play or rcncw a tal¢nt or hobby ihal thcy had ycars bcfore. "I'herc arc many bcncfits for individuals to learn and play a brass instrumcnt; thc morc obvious may be the lalcnt dnd undcrslanding of playing and rcading music. Other bencfils ihat pcoplc can gain from Ihe opportunity that wc arc providing is a social aspcct, mccting ncw pcopl¢ from diffcrenl backgrounds as evcryone comes togcthcr for thc samc outcome of playing music. furth¢nnor¢, it helps to providc childrcn with a boost of confidcncc which can help in other aspects of thcir livcs. "fhc Chairty also helps build community rclationships as ihe band pcrfornis as cross-community cvents Statemcnt of Trustcc's Res onsibilities 'I"he "frustces arc rcsponsiblc for prcparing the Truste¢'5 Report and thc Statcmenl of Reccipts and Paymcnls and Statcm¢nt of Asscts and l.iabilities in accordance with applicablc law and rcgulations. "I"hc law applicable to charilics in Northcrn Ircland with income Ic55 ihat £250,000 rcquircs ihe trustccs to prcparc a Stalement of Rcccipis and Payments and a Sialcmcnl of Asscts aiid Liabilitics for cach financial ycar. Th¢"I"ruslccs arc rcsponsible for kccping accounting rccords that arc suificicnl to show and cxplain thc Bands's Iransactions and disclosc with rcasonablc accuracy al any iimc the asscls and liabilitics ofthc Band. I"hcy arc dlso responsiblc for the safeguarding of the assels of ihc Band and hcncc for laking rcasonable rcsponsiblc slcps for ihc prcvcnlion and dclcclion of fraud and oihcr irregularitics. TIIUSTFF CF.RTIFICATION Trustee Dat¢: 27th Fcbruary 2026 Trustcc