## **Trustees' Annual Report for the period** Period start date Period end date Day Day 1 January 2021 31 December 2021 **From** **To** ## Section A Reference and administration details **Charity name** WORTHING MUSICAL COMEDY SOCIETY **Other names charity is known by** W M C S **Registered charity number (if any)** 1043845 **Charity's principal address** The Studio 2A the Drive WORTHING, West Sussex **Postcode BN11 5LL** **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Elspeth Bunker|Chair||| ||Lynn Fuller|Secretary||| ||Nicole Henman|Treasurer||| ||Lee Knight|Sales|22/07/21 - 31/12/21|| ||AmyHart|||| ||Denis Fuller|||| ||PollyLewis|||| ||James Reynolds|||| ||Paige Blackman|||| ||WendyDunn||22/07/21 - 31/12/21|| ||Louise Gibbons||22/07/21 - 31/12/21|| ||Victoria Emerson||22/07/21 - 31/12/21|| ||Alex Brown||01/01/21 – 22/07/21|| ||Adam Knight||01/01/21 – 22/07/21|| ||Victoria Scales||01/01/21 – 22/07/21|| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** **2021** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Constitution - (eg. trust deed, constitution) How the charity is constituted Association - (eg. trust, association, company) Trustee selection methods Elected at AGM - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **Summary of the objects of the charity set out in its governing document** The Charity is established to advance the education of the Worthing public in dramatic arts, particularly the art of music and drama, by the production of musical plays and to advance such charitable purposes as the Board of Management shall determine. Regular workshops for the youth company, supporting their learning in preparation for performance and participation in the local music festival. **TAR** **2021** 2 Meeting regularly twice each week to rehearse and instruct members in readiness for planned for performances. Attending local institutions – church, convalescent homes, hospices – to provide entertainment for residents/members and to promote the profile of WMCS. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** ## **Additional details of objectives and activities (Optional information)** **TAR** **2021** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** **2021** 4 Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** Due to the Covid pandemic both the Spring and Autumn productions for 2021 were once again cancelled as was that for the Youth Company as we were unable to hold rehearsals. The studio was not used until September when we worked in planning a charity Christmas Concert held at Emmanuel Church, Worthing. September also allowed us to hold auditions and start rehearsals for our Spring 2022 production. The Youth Company returned to occasional workshops during July and began their weekly workshops in September. **TAR** **2021** 5 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The Charity operates on a non-profit making basis. Any surplus for a financial period is retained to be utilised by WMCS for the benefit of the society and its members. **Details of any funds materially in deficit** None ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** ## **Signature(s)** **Full name(s)** Lynn Fuller **Position (eg Secretary, Chair,** Secretary **etc)** 24/08/22 **TAR** **2021** 6 REGisreReD CHARrri tlUMBER,. 1043845 REPORT OF ThE TRiJsfEES AMD UNAUDfiED FINANCIAL STATEIIENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR WORThfNG MUSICAL COMEDY SOCIETY Cardens ￿(￿IntartS and BUSI￿ Athroys llni The Ca￿[ Hove BN3 2PJ WORTHING MUSICAL COMEDY SOCIETY COP4TENTS OFTHE FTNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBeR 2021 Report of the Trustees 1 10 2 Independent Examlnerfs Report statement of Hnand•l Actlvltles BalaD¢e Sheet Notes to the AnaTr¢tsl Stst¢ments 6 to 10 Oetalled Stat•m•nt of Flnand¥ AdlTAtles 11 io 12 WORTHING MUSICAL COMEDY SOCIErY REPORT OF THE TRUSTEES FOR THe YEAR ENDED 31 DECEMBER 2021 The trustees present their re￿￿t %Yith the financial staten￿ts of th￿ty for the yeat 31 December 2021. The Iruste¢s have adopt8d the wowigons ol A£¢wnt*ig and Rep(xlHvJ by (hafit6es'. S¢atwnent of ReccffimendLNd Practi ap￿IcAl￿e to charities yeparing their accwnts in accot(larKe Mth ￿ Fir*iMal Reptytsng Standard applKabk In ￿ UK and RewblK of Irdand {FRS 102) {L*Fcctive l Jamay 20191. 08JEcfivES AND ACTIVITIES ObJ•rtl¥es and alms The ch&ity 15 estsbfLshed lo educat*)n of the Ivortling In drnmat￿ art4 ￿rtIcularlY the art of mus¢al diorna. by tho syoductson ol rnuskal plaK aThJ lo dwritable as C(mmiitee shall d&errrNne. ACHIEVEMENT AND PERFORMANCE Charltable actlvltles The Company usualty and at knt thows a year ai kKal Cmughi Theatre. In adI￿tIon a¢SJiUonal Concert tytyrammes may be wduced from to b"me. to Cwd-19 and C4J¥ernment re5tnctpJns on L)rge gathorirrtp no prthclK)ns were abk to tske for krge pats year io 31 202I. Fubxlrnlslng artlvltles The maN>rily of the 15 the sak of tKkds ltr its PthMa￿e& Ottr￿ fund iaislng artfvTr¥es moy te omoted frC￿ ￿rne to time. lfiwtsn•nt performance The Committee hos the po¥¥er to knveg the S￿$ hi way the tsu#ees vAsh. The ttLLStees have rega￿ for ihe Ikivldity reqUIr￿￿nt of 4)eratkng ttre scrtlety JMI the re5er4v p)ky. Tly have a Olcy of keepkng funds reo)gnised Hlgh Street Banks. FtNAIKIAL REVIEW Reserves poll Tho Charity owate5 on a noll-￿￿t m*éry bas& Any ￿J￿•S ts a fir￿￿tL)I py¥)d Is retained to be utlllsed by the Charty lor the ￿nefit of the sx￿ty aNJ its m¢Jrt*ys aThJ to furn1 the min acli¥ity of the SLx*ty thar￿ the Frfothjtson of thea￿"¢31 pCrf0Tman￿. Funds In delldt The￿ we Tr) lutKts h deficit. It 15 the finan(lil of ￿ fyJard to sth¥e to hht h cash the amatul co* e en11￿ STRUCTURe, GOVERNANCE AND MANAGEMENT Gov•rnlng docurnent The Clwrity was estabh.shed on 2nd Fdyuary 199S Worthlng Mu5tal Comejy soc￿. The (th¥ity 45 t Incfwpcfjato1 twt Is 9)vul￿d ty a ¢￿'t{thA •4ai)Ile to al rfwr*ers. Re.hX.i%..&Q.:..l..... and were 99¢*d on its I￿all by.. Th)te5 (¢xm of financial stateT Pa*5 WORTHING MUSICAL COMEDY SOCIETY NOTES TO THE FINANCIAL sfATEMENTS FOR YIIE YEAR ENDED 31 DECEMBER 2021 ACCOU14TING POUCIES Basts of prepailTrg the finan¢lal slatements The finanoal stèlemL￿ts of (Narity, which is a t*￿rt entity under FRS 102, have L*en wepared *) cordarKe with the Charitie5 SORP (FRS 102) 'kno(tr￿ty RcJy)rtirrtJ by Clwities.. %atement cl Re(￿n￿nded Pr￿ts(e akwlKèt4e to chant￿S prepariro thesr irt accNdarKe ￿th the Finarrial Report¥)g atThJard applicaNe in the UK aTrJ Rewblic of Irela￿1 IFRS 1021 lefflrt1￿ I lanuary 2019)., financkil Rewrtlng star¥Ja￿ lQ2 'T￿ F￿ant￿lI Rewtirrfj Slandard In the UX aThJ RepJt4< of Irelanrf and the ChirikniJ5 t 2011. The financkil ststements have t*en pxepored un(kn t1￿ cost (￿￿On. l I￿o￿e Ss reCc¢JniSL￿ in ihe *atoment of Fina￿￿￿1 (MKe ￿ tharfty has ￿li￿e￿￿1t to the fuThJs it is probab* that IrKome will be re¢eLved and ￿ affl0￿¢ to fflcwrtyl ￿11abty. Expen<#ture 'atslitie5 are rLtO9Thsed as ex￿￿lItu￿ as s(*)n as 15 a tyl or ￿1]at￿)n commiits"ThJ the Ch￿"ty to that eKpwMlilure, It ts pro￿le that a twsfw trfftfits will be rewired in sett*ffl￿t the amount of the CU19at￿ can te measure4J r￿￿￿¥. Ex￿￿￿"ture is ￿0]Unted fof on ￿ accNa15 ba95 arbJ has been claw.fled under I￿￿1￿9$ W agyegate all c051 relatal to the c*ewy. Where costs ca)ThJt be th'reclly to parts"cular h&KliTh4s they have t1￿ a*xJted to actMt*s C￿ è b&45 ￿￿ent the use of T•ThJlbl• flxed assets DeFwe¢L%fM Is at the It)lty•ANJ rates to wrte off eKh osset ￿lM￿ted useful . 25% ¢)n r&d￿jr8 b*rKe . 2586 on b*arfe 140 depre(latb)n Is wo*Jed for on the hdd ty the Sw as I￿￿e5 cons¥Jer the N*)rk cost ¥thocts the vakn ol the wcwty to Sc(lety. Taxatlon The chaity s exempt frnm tsx on tts chwitsb* xtwrtie ac 18,377 LO,S54 64.947 {36,Ol61 28,931 TOTAL FU140S 64,947 (36.016) 28,931 10. RELATED PARTY DISCLOSURES Thue were Telatcd pttty tran5aclbns lor the year *vJed 31 X12l. Page 10 WORTHING MUSICAL COMEDY SOCIETY DETAILED STATEMENT OF FINA14CIAi AcTIvmES FOR THE YEAR ENDED 31 DECEM8ER 2021 2021 2020 INCOME AND ENDOWMEPITS Donhtlons and la9acl•s Donaltons 438 3.174 Oth•r trading adi¥ities Fundrai%￿g events Members ￿￿￿ri￿￿$ Hall Hire Patrons SubscriplK)ns (inner tkince TKkets FuTrJs from Youth Cofflpanv 20 1.920 1,154 io 3,715 613 I,fA]O 3,288 tO.554 8.182 t4,892 Charlt•ble artl¥ltles Grants Tlcket Sales Concert Concert (Aher Income Cfvjlr ITKome Prev Year Adiu#ments Insurèr￿ CLalm Rece1¥& Show Fees Concert 16,573 2,530 11,334 2,468 4,577 595 I9,802 18.459 Total Incomlng resources 28,422 36,525 EXPEIIDITVRE Ralslng don•tlons •nd le9ad*s Ratos water Insuran LKJht and ttht Ckartirnj . Za The D Re￿Irst0 2a The OrNe SubsCn.pti￿ Youth Com￿r￿ Costs Donats"¢ns Made 280 818 1,227 1.382 3.393 io 1,332 474 13601 1,002 5,598 321 248 8.fA13 7.431 Charltable actlvllles Po#age aTh1 stats CthtLMrts & Mknp SwlrKJ Cost[Jr￿S & Mthewj P4JiurM (hhestra & Band Parts St¥ Orchestra & Ba￿1 P•ts CorKert Pro(Jucl¥)n Fe£% Spnng Printy"ng Post & Slath)nery Spr F4iniing Post & slatson￿ Aul Inwrafice g)rtryJ Inwrance Carried fofwant io 114 210 1.06S 3.330 1,233 80 836 836 2.542 Th¥s p•Je dc*s noi f(xrn p*t of stattJtcKy finarKial statements WORTHING MUSICAL COMEDY ￿Ery DETAILED STATEMENT OF FINANCIAL AC￿￿TIEs FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Ch4rltable a¢tlvltl•s Brosjght forward D￿ner Dance Exkytws Cor￿ert Costs 2,542 I,812 1,232 7,￿8 5,586 7,￿8 oth¢r Mixdlaneous FkhYer5 & Cths Equipment repairs & wr￿ing TdophorE . 9￿￿ra1 Computer Costs Wobsiit Costs 93 250 249 554 395 144 414 354 1,203 1,250 Support casts Go¥ernance tosts AccountarKy and ￿931 ftts r￿knn d tarKJlb* nxed assets 1,200 1,299 350 1,286 2,499 1,636 TO￿ rtt0urce5exp￿dl￿I 17,891 18,115 Net Income 10.531 18.400 P&Je 12 INDEPENDE14T EXAMINERS REPORTTO ThE TRIWEES OF FCCA 2PJ Page 3