DAWLISH
MUSICAL THEATRE
COMPANY
Annual Report of the Trustees
and
Receipts and Expenditure Statement
of the
Dawlish Musical Theatre Company
(Registered Charity 1075119)
For the year ended 31/07/2024
Chairn]an
R.J. Walling
Bank
Lloyds Bank
Teignmouth Branch
PO Box 1000
BXI ILT
Hon: Independent Examiner
Mr. M Smith (ACCA)
2 Sherwell Rise South
Torquay
TQ2 6NG
Signed Hon.Chairman:
Signed
on Treasurer
211212f
/@-

The Annual Re
ort for the
ear 2024 of the Trustees of
Dawlish Musical Theatre Com
an
This report is produced by the Committee as trustees in accordance with the
guidelines set out in "The Charities Act 2011"
The Company is managed by a governing committee as defmed by the
Constitution of the Dawlish Musical Theatre Company.
The trustees and committee were elected for the whole of 2023124 unless
otherwise shown and are as follows:
Trustees
Chairn]an
Mr R. J. Walling
Vice Chair
Ms D. Cart
Hon Production Secretary Mr P. Spe
Hon Treasurer
Vacanl (Ms D. Carr - part)
Hon Secretary
Ms L. Smith
eneral Committee
Ms H. Cridge
Mr S. Jackson
Ms E. Harvey
Ms N. Al Shawi-Dare
Ms L. Timms
Ms E. Chappell
Ms A. Tremlett (part)
The Company's objectives are: To educate the community in the dramatic and
operatic arts and to further the development of public appreciation in
perfomiing atts. To support any charities or charitable purpose at the discretion
of the committee.

Treasurers Re
ort on the Recei
ts and Ex
nditure Statement- 2024
Overview
At the end of the Financial Year the D1￿C Treasurers position was vacant.
This report has therefore been prepared by the incoming Treasurer based on the
records provided by Ms D. Carr who was caretaking the Treasurer's role at year
end on behalf of the committee. The Treasurer would like to fotmally record his
appreciation for the excellent quality of records that had been maintained and
provided.
DMTC Treasurers Account
At the beginning of the fmancial year the DMTC Treasurers Account had a
balance of £8,764 and closed with a balance of £12,086.
However this apparent improvement has to be considered against a 'Transfer In,
of funds from the Business Instant Access Account of £40,000 and an
exceptional expenditure for the purchase of Radio Mics for £29,336.
Business Instant Access Account
At the beginning of the fmancial year the Business Instant Access Account had
a balance of £19,203 and closed with a balance of £64,609.
The account benefitted from the funds transferred in when the Investment
Holdings previously held were liquidated and converted to cash. £84,459 was
added to the account.
£40,000 was 'Transferred Out, to the D￿c Treasurers Account.
Interest of £946 was eamed and retained within the account.
tham Store Account
At the beginning of the fmancial year the Maytham Store Account had a
balance of £3495 and closed with a balance of £2715.
Old Mutual Wealth Account
nvestments
The holdings held externally and invested on behalf of the DMTC were
liquidated and the resulting cash funds of £84,459 'Transferred In, to the
Business Instant Access Account.

Summa
of Financial Position
The Income and Expenditure Statement shows an indicated excess of Income
over Expenditure of £3,488. This is somewhat misleading and only bv
considering all the fmancial accounts can the overall picture be ascertained.
Examination of the Balance Sheet shows:_
Cbange in Value over the Year
£3,322.00
£45,406.00
-£780.00
' DMTC Treasurers Account
Business Instant Access Account
, Matham Store Account
, Old Mutual Wealth Account
-£84,459.00
-£36,511.00
Net,,
Therefore DMTC has £36,51 l less disposable cash than at the beginning of the
financial year and no other fmancial assets. The purchase of Radio Mics
somewhat clouds this picture. Removing their impact shows that there was an
actual excess o
enditure over Income o
£7 176. D￿rc'S October show
(Frozen) made a small loss of £99, The May show (Dead Ringer For Disco)
made a significant loss of £5865.
The purchase of Radio Mics are assets to Dfvrrc but Income and Expenditure
Reports do not require such assets to be detailed. It should be noted however
that the Radio Mics will reduce future show production costs as Radio Mic
rental will be saved and hire of the Radio Mics to other Production companies
should generate much needed income. This should offset expenditure for loss of
interest, insurance, maintenance and storage. Reporting of future depreciation is
not required but should be considered.
Outlook
There are adequate financial resources to maintain D￿c,S activities and show
production in the short temi.
However unless Income is increased lo reverse the ￿CesS o
the lon
term DMTC'S current
Inancilll model is unsustuinllbl
enditure in
Prepared By:_
Mr R. HarbottIe
Hon.Treasurer DMTC

Income and
nditu
Statement for the
r 2023124
Genernl
Income
Ex nditure
Menbership Fees
Money Tranfèrred In
Noda Awards
Social Events
Maytham Store
Insurance
Ofcom ￿ceTh
Noda Membership
Purchase Radio P4lics
Radio Mic Repairs
Radio Mic Storage
Miscellaneous Expenses
Accounting Package
Interest Earned {Business Account)
Payment Langstone Cltff {ma￿ham Account)
527.ijo
40,WJ.00
320.00
555.54
4CKJ.00
414.41
860.43
168.00
199.00
29,335.96
128.00
269.00
16.CQ
325.16
780.00
Sub Total General
42,348.98
32,895.96
9453.02
Frozen
Card Payments
Advertising
Show Receipts
Programs l Raffles
Rehearsals
Expenses
Costumes
Leaflets
Banners
Posters
Lighting
MTI Fee
Professional Fees
Sound and Light
Radio Mikes
440.00
6.588.09
210.00
288.00
574.49
70.
242.40
11.40
1.000.(KJ
1,847.lYJ
1.OCIJ.00
2.080.01
41XJ.00
Sub Total Frozen
7,499.05
7,598.30
-9925
DRFD
Deposit
Sh(hV Re￿ip1S
Advertising
Programs l Raffles
Deposrt
Dawlish Rep
Rehearsals
Leafiets
Banners
Posters
Costumes
True LX
Professional Fees
Stage Hire
155.IXI
1,826.77
375.80
1.0(X).(M)
432.00
28.00
56.00
178.80
74.40
543.40
2,2(Kt.00
3,550.¢)J
2LMI.I)J
Sub Total DRFD
2.397.37
8.262.60
-s.￿5.23
come
Total Foryear
52,245.40
48,756.86
3488.54

Ban
cco
nt R•con¢
iatio
and
alan
23124
Opening
Balan
Less
Expenditure
Closing
Balance
Ino)me
Change
DMTC Treasurers Njc
8763.71
51298.96
47976.86
12085.81
3322.10
Business Instant Ac£ess Alc
19202.94
85405.67
40000.00
64608.61
45405.67
Maytham Store Alc
3495.27
780.(K)
2715.27
-780.00
Old Mutual Wealth AJC
84459.C
84459.00
-84459.00
115920.92
136704.63
173215.86
79409.69
-36511.23

CHARITY COMMISSION
FOR ENGLAND AND IVALES
Independent examiner's
report on the accounts
R•port to th• Irust••sl
m•mb•r¥ of THE DAWLISH UUSICAL THEATRE COfvIPANY
On 4¢¢ounl* for th•
p•rlod •nd•d 31 July 2024
Charity no 10757 19
{If any)
S•t out on pa9•9
Income & Expen(*'ture. Stattsmont ol Funds
I roport lo ihc trustc.es on my exarr.inaliM of Ihe acc￿rI7S of p.io aboyo
charry j-tho TIL.si'j thc pe4od l AJgust 2023 10 31 July 2024.
R•$ponsibiliti•s and As charyty trusiees of Te Tlusi. you are responsib'e for thi" pfLp2ration
b•sl8 of ftpon of tre accoun￿ in accordance w th .ho *L*￿.fefrCnts ol tho ChariLILS Act
2011 I-the Acl-l.
I f6POrt in respcct of my exawinaiK)n of the Tr￿St'S accour¢ts canicd o
ryder Secti￿ 145 of tt)c 2011 Act ano In carrying ouc my c'xamigation. I
have ftilowed tbt applicabl¢ 0￿cci.,0ns given by the Charity CoTr.mi55ion
u4oer S*)Ciion 1451 5 libi ol tho Act
I nav¢ comFdelt¢J my txamlnatson I conf rTh thal no mater al mattofs havo
come :o my ancnlh)n In connoction sllth t￿.c. oxaminalion wnich givtss me
aknse lo bclsove ihat n. any Traloria. resp¢cl.
acctsuP.lifjg records wore not aecordatK6 wrth ￿¢￿.04 130 of
the Act or
ltte accounts 00 w accord wth tn6 accotsntsng rècortss
IndependEnt
examinef's Statement
l lave crMcerns and havo come attoss M Other matters in conn¢cbon
V411tr Iho oxaminaliofj to V4hth should be drawr, In order lo enable a
Pff4Jor understanding of the accounts lo t￿ reached.
Sign•d..
Dat•: 17 february 2025
Nam•'. fvlork SrThth
R•l•vanl prof•ssional ACCA
qualificationlsl or body
{il anyl:
Addr•¥s.' 3 She￿ell Rise Soulh. TO[q￿aY Ta2 6NG
Only ¢omFAelt if the examinef needs ro highli￿1 rnallcrs of eoDcern Isoe CC32
IndiPL*idont exarninab￿ of chariry accounts. aifections guidanco for
exam Pcfsj
IER
October 2018

Giv• h•r• brl•f d•tails ol
any itoms Ihat lh•
•xamin•r wi$h•8 10
dlsclos•
IER
Octob¢r 2018