**TRUSTEES ANNUAL REPORT (1[st] August 2023 - 31[st] July 2024) INVERURIE CONCERT BAND SCO49370**
## - **Trustees during the period**
**Governance** – The constitution of Inverurie Concert Band is followed.
## **Objectives and Activities** –
The objectives of the Inverurie Concert Band are to promote, improve, develop and maintain public education in and appreciation of the art and science of music in all its aspects by the presentation of public concerts and recitals. In furtherance thereof but not otherwise, shall seek:
To provide an opportunity for instrumentalists of all standards to enjoy the musical and social life of the band.
To establish a profile in the Grampian area, through several public concerts and workshops.
To promote a positive equal opportunities policy and practice programme which is documented within our policy documents.
## **Summary of achievements and performance in the financial year** –
The Inverurie Concert Band (ICB) had a very strong year. Our numbers have increased in both the main band and in the Youth Section, with the start of the Big Band. We have purchased new percussion equipment, building a stronger section. We maintain our weekly rehearsals for the three bands ending each term with a Christmas and Summer Concerts respectively. We are proud that our audience numbers have increased, bringing in more revenue for the organisation. We have secured performance dates and a performance venue for the next three years.
This is ICB's 10th Anniversary. We had a commissioned original work for our June 2024 concert written by local composer
## **Financial review**
The bands funds on 31[st] July 2024 stood at £6,151.42 up from £4,256.20 on 31[st] July 2023.
Income was £21,857.23 and expenditure £19,962.66 with a net gain of £1,895.22.
Relating to income, subscriptions increased £12,077.10 from £8,329.80 in 2023.
Tickets sales and donations have increased to £5,148.64 and £1,1,061.03.
Relating to expenditure, the conductor’s remuneration was £4,350 and £5,924.81 was spent on the purchase of instruments due to the growing youth band.
Hall rental was up to £4,350.00. Sundry payments amounted to £326.40, refreshments for the band and conductor’s Xmas gift. Publicity costs were £520 for concert posters and the web site.
The charity’s main income is subscription income and we have also claimed £2,618.17 as gift aid and the aim is to hold sufficient cash funds to meet all expenditure due and anticipated in a 12 month period.
The Trustees receive no remuneration or expenses.
## **Declaration**
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees.
TREASURER 2023-2024, 14 October 2024
Page 3
**INVERURIE CONCERT BAND SC049370**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING RECEIPTS AND PAYMENTS ACCOUNT) FOR YEAR ENDED 31 JULY 2024**
|**INVERURIE CONCERT BAND**
**SC049370**
**STATEMENT OF FINANCIAL ACTIVITIES**
**(INCLUDING RECEIPTS AND PAYMENTS ACCOUNT)**
**FOR YEAR ENDED 31 JULY 2024**||||
|---|---|---|---|
|**RECEIPTS**
Grants
Donations
Receipts from Fundraising Activities
Receipts from Charitable Activities
Investment Income
Total Incoming Resources
**PAYMENTS**
Resources Expended for Fundraising
Resources Expended for Charitable Activities
Governance Costs - Independent Examination
Total Resources Expended
Net Incoming / (Outgoing) resources for Year
Total Funds at 1 August 2023
Total Funds at 31 July 2024|**Restricted Unrestricted**
**Funds**
**Funds**
**£**
**£**
**-**
**-**
**-**
**1,061**
**-**
**-**
**-**
**20,796**
**-**
**-**
**-**
**21,857**
**-**
**-**
**-**
**19,770**
**-**
**192**
**-**
**19,962**
**-**
**1,895**
**-**
**4,256**
**-**
**6,151**|**Total**
**Funds**
**2024**
**£**
**-**
**1,061**
**-**
**20,796**
**-**
**21,857**
**-**
**19,770**
**192**
**19,962**
**1,895**
**4,256**
**6,151**|Total
Funds
2023
£
-
939
197
12,059
-|
||||13,195|
||||11,653
60|
||||11,713|
||||1,483
2,773|
||||4,256|
The statement of financial activities includes all gains and losses in the year.
P899 4
INVERURIE CONCERT BAND
STATEMENT OF BALANCES
AS AT 31 JULY 2024
SC049370
Totsl
R•stri¢ted Unr¢stri¢t•d Funds
Funds
Funds
2024
Total
Funds
2023
Total Funds at 1 August 2023
surpluslld8ficil) for the year
4256
1.895
4256
1,895
2.773
Totsl Funds at 31 July 2024
6.151
151
4.256
6 March 2025
The financial statements were appro¥ed by the Board of Twstees on..............................
and were signed on its behalf by:
Page 5
**INVERURIE CONCERT BAND NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 JULY 2024**
**SC049370**
## **Nature & Purpose of Funds**
Funds are generally raised through subscriptions, donations and ticket sales and are used to promote, improve, develop and maintain public education in, and appreciation of, the art and science of music in all its aspects by the presentation of public concerts and recitals.
## **Trustee Remuneration & Expenses**
No remuneration was paid during the period to any charity trustee or person connected to a trustee in this period.
Direct reimbursement of purchases on behalf of the organisation was paid to 3 trustee on submission of receipts. These payments amounted to £827.86.
|**RECEIPTS**
Subscriptions
Performance Income/Ticket Sales
Sponsorship
Donations
Gift Aid
Fundraising
Sundries
**Total Receipts**
**PAYMENTS**
Music Director/Conductors' Fees
Music hire/purchase
Musician fees
Rehearsal costs
Concert venue
Instruments
Sundries (refreshments, gifts)
Website
Publicity (posters, printing)
Bank charges
Independent Examination Fees
Insurance (Making Music)
**Total Payments**|**Funds**
**2024**
£
12,077.10
5,148.64
900.00
1,061.03
2,618.17
20.19
32.10
**21,857.23**
4,350.00
2,514.72
-
3,251.99
420.00
5,956.80
1,984.21
227.99
520.00
83.30
192.00
461.00
**19,962.01**|Funds
2023
£
8,579.80
1,926.30
-
1,050.00
1,442.06
197.29|
|---|---|---|
|||13,195.45|
|||4,000.00
208.95
750.00
1,535.00
1,602.00
2,133.88
488.87
252.00
359.20
59.60
60.00
263.23|
|||11,712.73|
## **Independent Examiner’s Report to the Trustees of**
## **Inverurie Concert Band**
## **Registered Charity Number: SC049370**
I report on the accounts of the charity for the year ended 31 July 2024 which are set out on pages 3-5.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit
requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
- to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Signe Nam**
**Designation:** Finance & Administration Manager
**Address:** Aberdeenshire Voluntary Action, PO Box 18706, Peterhead AB42 9BA **Date:** 7 March 2025