Financial Accounts
COMBER BRASS
1st January 2024 – 31st December 2024
NIC No. 108370 Principal Address: Gospel Hall, 2A Cherryvalley Drive, Comber, Co. Down. N. Ireland. BT23 5BS
COMBER BRASS - NIC 108370
Statement of Receipts & Payments for the year ending 31st December 2024
| Consolidated Accounts Receipts Musical Services CSB Membership Subscriptions Youth Band Membership Subscriptions Personal Donations Grants / Funding Awards Easy Fundraising Corporate Donations Gift Aid Receipts Whit Friday 2024 Member receipts Interest Received Total Receipts Payments Instrument Purchases Gifts / donations made Whit Friday 2024 Expenditure Whit Friday 2025 Expenditure Hiring Charges Conducting fees Insurance Contesting & Registration Fees Miscellaneous Instrument Maintenance Office & Stationary Rent Sheet Music Uniforms Web Hosting / Muzodo Bank/Finance Charges Total Payments Net Receipts/Payments |
2024 £5,835 £3,432 £780 £6,458 £10,000 £142 £0 £321 £3,304 £139 £30,412 £15,704 £371 £7,267 £150 £200 £3,660 £247 £229 £167 £40 £181 £1,350 £927 £476 £132 £1 £31,101 -£690 |
2023 £2,930 £3,450 £1,375 £1,326 £338 £224 £900 £1,162 £2,006 £84 £13,795 £1,405 £30 £0 £0 £0 £2,770 £343 £409 £195 £563 £166 £1,214 £308 £225 £84 £32 £7,744 £6,051 |
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|---|---|---|---|---|
Net Receipts/Payments
£6,051
COMBER BRASS - NIC 108370
Combined Account Reconcilliation for the year ending 31st December 2024
| Opening Balances Current A/C Old Current A/C Youth Band A/C Reserve A/C Special Fund A/C (Whit Friday 2024) Cash & cheques on hand Total Closing Balances Current A/C Old Current A/C Reserve A/C Special Fund A/C (Whit Friday 2024) Cash & cheques on hand Total Net Total balances Net Receipts/Payments Accounting variance |
2024 £4,975 £6 £0 £5,154 £3,479 £0 £13,614 £2,197 £6 £10,278 £443 £0 £12,924 -£690 -£690 £0 |
2023 £5,782 £887 £795 £100 £0 £0 £7,563 £4,975 £6 £5,154 £3,479 £0 £13,614 |
2023 £5,782 £887 £795 £100 £0 £0 £7,563 £4,975 £6 £5,154 £3,479 £0 £13,614 |
|---|---|---|---|
| £6,051 £6,051 £0 |
COMBER BRASS - NIC 108370
Statement of Assets & Liabilities for the year ending 31st December 2024
| Bank & Cash Deposits Current A/C Old Current A/C Reserve A/C Special Fund A/C (Whit Friday 2024) Total Property Instrument inventory Music library Office equipment Miscellaneous Total Other Assets Cash & cheques on hand Invoices outstanding Awards/grants yet to be paid Total Liabilities Invoices yet to be paid Total |
2024 £2,197 £6 £10,278 £443 £12,924 £56,000 £5,300 £150 £1,350 £62,800 £0 £5,000 £0 £5,000 £0 £0 |
2023 £4,975 £6 £5,154 £3,479 £13,614 |
|---|---|---|
| £46,000 £5,100 £180 £600 £51,880 |
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| £0 £3,620 £10,000 £13,620 |
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| £0 £0 |
Approved by the trustees on 29th January 2025 and signed on their behalf.
____ _____ Lawrence Baalham Maurice Baalham Chairperson Treasurer
COMBER BRASS - NIC 108370
Notes to the Accounts for the year ended 31st December 2024
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1 All band funds are unrestricted, no endowment or restricted funds are held.
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2 The Reserve A/C and Special A/C (Whit Fri 2024) are deposit only savings accounts.
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3 The instrument inventory valuation is based on the current RRP of comparable instruments and a 'sum of years' depreciation calculation.
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4 Gift Aid receipts is in respect of donations that were made in the year ending 31st December 2023.
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5 Outstanding invoices refer to musical services provided by the band over the Christmas 2024 period but which were not settled in this reporting period.
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6 Whit Friday 2024 expenses exceeded member receipts (including those made in 2023) by £1957. This was offset by various personal donations of £1181 and by contest prize monies of £225, leaving a balance of £551 that was met from band funds.
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7 The Special Fund A/C was credited in year with a transfer of £1190 from the Current A/C resulting in a positive balance of £443 at year end after all Whit Friday 2024 expenses had been deducted.
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8 Instrument purchases were primarily funded by a grant of £10,000 awarded by ACNI in 2023.
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9 Gifts included the purchase of engraved trophies presented to long serving members.