Chairman’s Report: Riverside AGM 9[th] June 2024
It’s been a mixed year, but mostly positive. Our former Chair had to resign due to ill health and Rowan has decided the time is right to leave Riverside, and spend more time at home in Sheffield.
Highlights include taking part in our first festival (both the parade and the performing area) and this was a great new experience and drew in new members. We are looking to do the same again, at least in part this year.
We were able secure funding to offer partially funded places to children who ordinarily couldn’t afford to join us, and pay Emily to help expand our membership, which she was very successful in doing. Something we will look to repeat this year.
The children pulled off a great Christmas show, we made lots of money from the raffle (again) and despite having to re-think our sound system to save money, “Oliver!” was a roaring success. The children fully embraced their characters and performing on the round, and for the first time, we had a live band. It’s amazing what you can achieve on a tight budget.
We are now working towards our summer presentation and our first VAMPS collaboration in November.
We have been in profit since our new committee took over and that is something we should be very proud of. We have a great team, and I am excited to see what the next year brings for Riverside.
**February 2022**
## **Riverside Theatre Company Financial Report and Accounts for the financial year ending 31st August 2022**
Following closures due to the pandemic, Riverside returned to full Sunday sess September 2021 at the beginning of this financial year. Not all students return when it reopened.
During the financial year, a loss was made of £12,357. This was based on;
- lower student numbers
- unnecessary ongoing premises hire
- £2,112 rent for Priory Centre from June-August 2021 paid in this fi
- shows making a loss
The new committee took office in April 2022 but did not have access to the HS Access to the Natwest account was granted in October 2022.
These accounts have been prepared by the new committee using records from outgoing committee.
Jacqui Huckle Treasurer of Riverside Theatre Company
## **Final accounts**
## **Riverside Theatre Company Balance sheet for the financial year ending 31st August 2022**
|**Current assets**|**Notes**|**2021-2022**|**2020-202**|
|---|---|---|---|
|HSBC current account||-£ 5|£ 13,164|
|NatWest current accouna||£ 2,507|£ -|
|HSBC savings account|b|£ -|£ 1,695|
|Cash in hand||£ 7|£ 7|
|**Total cash funds**||**£ 2,509**|**£14,866**|
This is a £12,357 loss over the financial year to 31st August 2022
## **Final accounts**
## **Riverside Theatre Company Receipts and Payments Accounts for the financial year ending 31st August 2022**
|**Receipts**|**Notes**|**2021-2022**|**2020-202**|
|---|---|---|---|
|Group income from subsc||£ 12,143|£ 7|
|Clothing||£ 20|£ -|
|Show income||£ 8,441|-£ 160|
|Donations/grants receiv d||£ 14|£ -|
|Gift Aid|e|£ 322|£ 2,572|
|Joining fee||£ 105|£ 135|
|**Total**||**£21,045**|**£ 2,554**|
|**Payments**|**Notes**|**2021-2022**|**2020-202**|
|---|---|---|---|
|Tutor fees||£ 16,163|£ 2,435|
|Insurance||£ 278|£ 20|
|Premises rent||£ 8,122|£ 912|
|Clothing||£ 223|£ -|
|Show expenses||£ 8,167|£ 495|
|Bank charges|f|£ 139|£ -|
|Other expenses|g|£ 105|£ 60|
|Website||£ 135|£ -|
|NODA||£ 72|£ 72|
|**Total**||**£33,404**|**£ 3,994**|
## **Final accounts**
## **Riverside Theatre Company Notes to the accounts for the financial year ending 31st August 2022**
## **Note a**
NatWest current account opened 06/02/2022 to avoid the new monthly £5.00 c
## **Note b**
HSBC savings account closed 12/09/2021 - balance of £1695 transfered to NatW
**Note c** g yf p p
This amounted to a subsidy of just under £400 across the financial year
## **Note d**
Donation through PayPal
## **Note e**
Gift Aid received in 2021-2022 is from year 2020-2021 therefore affected by Co
## **Note f**
Bank charges include £5 monthly HSBC charge and fees deducted by GoCardle
## **Note g**
Payments include google drive, chaperone licence, gifts,
sions in ed to Riverside i
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## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
Riverside Theatre Company|Charity Name
Riverside Theatre Company|Charity Name
Riverside Theatre Company|
|---|---|---|---|
|||||
||31/08/2023|**Charity no**
**(if any)**||
|||||
||1,2|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/08/2023**
**Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** [The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|||25/01/2024|
|---|---|---|---|
|||||
|||Ross McEwan||
|||||
|||||
|||||
|||39 Merle Way||
1
**Oct 2018**
**IER**
Lower Cambourne CB23 6FE
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to** None **disclose** .
2
**Oct 2018**
**IER**