IRIS Accounts Production v24.3.2.46 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2985782023-03-31SC2985782024-03-31SC2985782023-04-012024-03-31SC2985782022-03-31SC2985782022-04-012023-03-31SC2985782023-03-31SC298578ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC298578ns15:PoundSterling2023-04-012024-03-31SC298578ns11:FRS1022023-04-012024-03-31SC298578ns11:IndependentExaminationCharity2023-04-012024-03-31SC298578ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC298578ns11:FullAccounts2023-04-012024-03-31SC298578ns11:CharitiesSORP2023-04-012024-03-31SC298578ns16:EnglandWales2023-04-012024-03-31SC298578ns11:RegisteredOffice2023-04-012024-03-31SC298578ns0:Trustee22023-04-012024-03-31SC298578ns0:Trustee12023-04-012024-03-31SC298578ns11:CompanySecretary12023-04-012024-03-31SC298578ns0:TotalUnrestrictedFunds2024-03-31SC298578ns10:PlantMachinery2023-04-012024-03-31SC29857822023-04-012024-03-31SC29857812023-04-012024-03-31SC29857812022-04-012023-03-31SC298578ns10:PlantMachinery2023-03-31SC298578ns10:PlantMachinery2024-03-31SC298578ns10:PlantMachinery2023-03-31
REGISTERED COMPANY NUMBER: SC298578 (Scotland)
REGISTERED CHARITY NUMBER: SC037435














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 9

Dynamica Drum Corps Limited (Registered number: SC298578)
commonly known as Dynamica Brass Academy

Report of the Trustees
for the Year Ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objective is to provide a high quality learning environment where young people can learn musicality in a fun way but to the highest possible standards. The provision of musical tuition (theory, musicianship and techniques) in a social environment which encourages young people from different backgrounds to mix with peers and share learning.

The main activity is the provision of weekly tuition, coaching and mentoring with a range of support activities around this providing educational and performance opportunities as individuals and as a group.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
During this financial year we have :

Delivered a high level of tuition and continual progress amongst current youngsters in our senior band.

Established a junior band of new beginners who have started learning the basics of musicianship and playing as a group.

Delivered high quality concerts during June and December.

Delivered a number of social and musicianship activities to assist in achieving our aim "making music fun".

FINANCIAL REVIEW
Principal funding sources
Our main source of funding comes from contributions and donations from members, augmented by regular fundraising efforts and occasional incomes. These funds are largely used to pay for the cost of hiring halls and other associated costs of teaching. No trustee has received any remuneration during this financial year.

The need to bring in additional teaching resources is drawing down a significantly larger portion of our available income than we would like however we have taken steps to address this by establishing and developing a junior band and progressing members through into our senior band when they reach a suitable standard.

We have continued to pay for all insurances and compulsory payments throughout the year.

Reserves policy
The Treasurer's policy is to aim to have enough reserves for the session ahead at all times. We have been reducing reserves as a number of older members left however we have now increased membership by starting a junior band to rectify this.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Charity constitution
The organisation is a company limited by guarantee and is registered with Companies House and OSCR.

Recruitment and appointment of new trustees
The trustees are appointed by the members at the Annual General Meeting. Full meetings with all members present are held to discuss key issues of strategic importance with the full staff team operating as the main delegated decision making body in relation to operational matters.


Dynamica Drum Corps Limited (Registered number: SC298578)
commonly known as Dynamica Brass Academy

Report of the Trustees
for the Year Ended 31 March 2024

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC298578 (Scotland)

Registered Charity number
SC037435

Registered office
4 Ashburton Park
East Kilbride
Glasgow
G75 8PX

Trustees
B J Lambert Marketing Manager
D J McClounie Policeman

Company Secretary
D J McClounie

Independent Examiner
Oak Accountancy Solutions Ltd
12 Pankhurst
East Kilbride
Glasgow
G74 4BH

Approved by order of the board of trustees on 23 December 2024 and signed on its behalf by:





D J McClounie - Trustee

Independent Examiner's Report to the Trustees of
Dynamica Drum Corps Limited

I report on the accounts for the year ended 31 March 2024 set out on pages four to nine.

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's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as 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 connection with 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; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 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.








Faye Clark
The Association of Chartered Certified Accountants

Oak Accountancy Solutions Ltd
12 Pankhurst
East Kilbride
Glasgow
G74 4BH

23 December 2024

Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Statement of Financial Activities
for the Year Ended 31 March 2024

31.3.24 31.3.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,734 7,135

Other trading activities 2 2,388 -
Total 13,122 7,135

EXPENDITURE ON
Raising funds 12,743 10,855


NET INCOME/(EXPENDITURE) 379 (3,720 )


RECONCILIATION OF FUNDS
Total funds brought forward 3,186 6,906

TOTAL FUNDS CARRIED FORWARD 3,565 3,186

Dynamica Drum Corps Limited (Registered number: SC298578)
commonly known as Dynamica Brass Academy

Balance Sheet
31 March 2024

31.3.24 31.3.23
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Cash at bank 3,565 3,186

NET CURRENT ASSETS 3,565 3,186

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,565

3,186

NET ASSETS 3,565 3,186
FUNDS 7
Unrestricted funds 3,565 3,186
TOTAL FUNDS 3,565 3,186

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2024 and were signed on its behalf by:





D J McClounie - Trustee

Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant and machinery - 25% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES
31.3.24 31.3.23
£    £   
Shop income 481 -
Residential 345 -
Concert income 1,362 -
Instrumental rental 200 -
2,388 -


Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


4. AVERAGE NUMBER OF EMPLOYEES

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23

No employees received emoluments in excess of £60,000.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 7,135

EXPENDITURE ON
Raising funds 10,855


NET INCOME/(EXPENDITURE) (3,720 )


RECONCILIATION OF FUNDS
Total funds brought forward 6,906

TOTAL FUNDS CARRIED FORWARD 3,186


Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2023 and 31 March 2024 4,156
DEPRECIATION
At 1 April 2023 and 31 March 2024 4,156
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

7. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 3,186 379 3,565

TOTAL FUNDS 3,186 379 3,565

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 13,122 (12,743 ) 379

TOTAL FUNDS 13,122 (12,743 ) 379


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 6,906 (3,720 ) 3,186

TOTAL FUNDS 6,906 (3,720 ) 3,186

Dynamica Drum Corps Limited
commonly known as Dynamica Brass Academy

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 7,135 (10,855 ) (3,720 )

TOTAL FUNDS 7,135 (10,855 ) (3,720 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 6,906 (3,341 ) 3,565

TOTAL FUNDS 6,906 (3,341 ) 3,565

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 20,257 (23,598 ) (3,341 )

TOTAL FUNDS 20,257 (23,598 ) (3,341 )

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.