NATIONAL YOUTH CONCERT BAND CIC

Company limited by guarantee

Company Registration Number:
11665172 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

NATIONAL YOUTH CONCERT BAND CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NATIONAL YOUTH CONCERT BAND CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1 231
Total fixed assets: 1 231
Current assets
Debtors: 4 3,880 1,891
Cash at bank and in hand: 13,651 25,180
Total current assets: 17,531 27,071
Creditors: amounts falling due within one year: 5 ( 1,014 ) ( 4,410 )
Net current assets (liabilities): 16,517 22,661
Total assets less current liabilities: 16,518 22,892
Total net assets (liabilities): 16,518 22,892
Members' funds
Profit and loss account: 16,518 22,892
Total members' funds: 16,518 22,892

The notes form part of these financial statements

NATIONAL YOUTH CONCERT BAND CIC

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 August 2025
and signed on behalf of the board by:

Name: Jonathan Watkins
Status: Director

The notes form part of these financial statements

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated deprecation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or value of an asset, less its residual value, over the useful economic life of that asset on a straight line basis over three years.

    Other accounting policies

    Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 695 695
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 695 695
Depreciation
At 1 December 2023 464 464
Charge for year 230 230
On disposals
Other adjustments
At 30 November 2024 694 694
Net book value
At 30 November 2024 1 1
At 30 November 2023 231 231

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Other debtors 3,880 1,891
Total 3,880 1,891

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 3,666
Other creditors 1,014 744
Total 1,014 4,410

NATIONAL YOUTH CONCERT BAND CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Loans to directors

Name of director receiving advance or credit: Miss K Wood
Description of the transaction:
Loan
£
Balance at 30 November 2023 560
Advances or credits made:
Advances or credits repaid: 560
Balance at 30 November 2024 0

COMMUNITY INTEREST ANNUAL REPORT

NATIONAL YOUTH CONCERT BAND CIC

Company Number: 11665172 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

In the financial period ending 30 November 2024, the company carried out activities in line with its Articles of Association, namely organising and delivering educational music courses for two children's wind bands comprising young musicians from around the United Kingdom. The company ran a residential course for the two bands during the Easter holiday period and a residential course for the more senior band in the summer holiday period, each with a performance at a major concert venue. These courses were beneficial to the participants in terms of their education, musical and social development and mental well-being.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 August 2025

And signed on behalf of the board by:
Name: Jonathan Watkins
Status: Director