## **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_<br>**Receipts**<br>Musical Services<br>CSB Membership Subscriptions<br>Youth Band Membership Subscriptions<br>Personal Donations<br>Grants / Funding Awards<br>Easy Fundraising<br>Corporate Donations<br>Gift Aid Receipts<br>Whit Friday 2024 Member receipts<br>Interest Received<br>**_Total Receipts_**<br>**Payments**<br>Instrument Purchases<br>Gifts / donations made<br>Whit Friday 2024 Expenditure<br>Whit Friday 2025 Expenditure<br>Hiring Charges<br>Conducting fees<br>Insurance<br>Contesting & Registration Fees<br>Miscellaneous<br>Instrument Maintenance<br>Office & Stationary<br>Rent<br>Sheet Music<br>Uniforms<br>Web Hosting / Muzodo<br>Bank/Finance Charges<br>**_Total Payments_**<br>**_Net Receipts/Payments_**||**2024**<br>£5,835<br>£3,432<br>£780<br>£6,458<br>£10,000<br>£142<br>£0<br>£321<br>£3,304<br>£139<br>**£30,412**<br>£15,704<br>£371<br>£7,267<br>£150<br>£200<br>£3,660<br>£247<br>£229<br>£167<br>£40<br>£181<br>£1,350<br>£927<br>£476<br>£132<br>£1<br>**£31,101**<br>**-£690**||**2023**<br>£2,930<br>£3,450<br>£1,375<br>£1,326<br>£338<br>£224<br>£900<br>£1,162<br>£2,006<br>£84<br>**£13,795**<br>£1,405<br>£30<br>£0<br>£0<br>£0<br>£2,770<br>£343<br>£409<br>£195<br>£563<br>£166<br>£1,214<br>£308<br>£225<br>£84<br>£32<br>**£7,744**<br>**£6,051**|
|---|---|---|---|---|
||||||



_**Net Receipts/Payments**_ 

**£6,051** 




## **COMBER BRASS - NIC 108370** 


Combined Account Reconcilliation for the year ending 31st December 2024 

|**Opening Balances**<br>Current A/C<br>Old Current A/C<br>Youth Band A/C<br>Reserve A/C<br>Special Fund A/C (Whit Friday 2024)<br>Cash & cheques on hand<br>**Total**<br>**Closing Balances**<br>Current A/C<br>Old Current A/C<br>Reserve A/C<br>Special Fund A/C (Whit Friday 2024)<br>Cash & cheques on hand<br>**Total**<br>**_Net Total balances_**<br>**_Net Receipts/Payments_**<br>**_Accounting variance_**|**2024**<br>£4,975<br>£6<br>£0<br>£5,154<br>£3,479<br>£0<br>**£13,614**<br>£2,197<br>£6<br>£10,278<br>£443<br>£0<br>**£12,924**<br>**-£690**<br>**-£690**<br>**£0**|**2023**<br>£5,782<br>£887<br>£795<br>£100<br>£0<br>£0<br>**£7,563**<br>£4,975<br>£6<br>£5,154<br>£3,479<br>£0<br>**£13,614**|**2023**<br>£5,782<br>£887<br>£795<br>£100<br>£0<br>£0<br>**£7,563**<br>£4,975<br>£6<br>£5,154<br>£3,479<br>£0<br>**£13,614**|
|---|---|---|---|
||||**£6,051**<br>**£6,051**<br>**£0**|






## **COMBER BRASS - NIC 108370** 


## Statement of Assets & Liabilities for the year ending 31st December 2024 

|**Bank & Cash Deposits**<br>Current A/C<br>Old Current A/C<br>Reserve A/C<br>Special Fund A/C (Whit Friday 2024)<br>**Total**<br>**Property**<br>Instrument inventory<br>Music library<br>Office equipment<br>Miscellaneous<br>**Total**<br>**Other Assets**<br>Cash & cheques on hand<br>Invoices outstanding<br>Awards/grants yet to be paid<br>**Total**<br>**Liabilities**<br>Invoices yet to be paid<br>**Total**|**2024**<br>£2,197<br>£6<br>£10,278<br>£443<br>**£12,924**<br>£56,000<br>£5,300<br>£150<br>£1,350<br>**£62,800**<br>£0<br>£5,000<br>£0<br>**£5,000**<br>£0<br>**£0**|**2023**<br>£4,975<br>£6<br>£5,154<br>£3,479<br>**£13,614**|
|---|---|---|
|||£46,000<br>£5,100<br>£180<br>£600<br>**£51,880**|
|||£0<br>£3,620<br>£10,000<br>**£13,620**|
|||£0<br>**£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** 

- 1 All band funds are unrestricted, no endowment or restricted funds are held. 

- 2 The Reserve A/C and Special A/C (Whit Fri 2024) are deposit only savings accounts. 

- 3 The instrument inventory valuation is based on the current RRP of comparable instruments and a 'sum of years' depreciation calculation. 

- 4 Gift Aid receipts is in respect of donations that were made in the year ending 31st December 2023. 

- 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. 

- 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. 

- 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. 

- 8 Instrument purchases were primarily funded by a grant of £10,000 awarded by ACNI in 2023. 

- 9 Gifts included the purchase of engraved trophies presented to long serving members.