NEWARK AMATEUR OPERATIC SOCIETY ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEWARK AMATEUR OPERATIC SOCIETY We report on the accounts of the Trust for the year ended 31 December 2023 which are set out on pages 3 and 4. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts. you consider that the audit requirement of section 151 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145 of the Act, whether particular matters have come to our attention. Basis of independent examiner's report Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 we do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with our examination, no matter has come to our attention.. i) which gives us reasonable cause to believe.that in atLy materlal respect the requirements to keep accounting records in accordance with section 41 of the Act and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met. or 2) to which, in our Opinio￿ attention should be drawn in order to enable a proper understanding of the accounts to be reached. BARKER MAULE & CO Accountants 27 & 33 Castle Gate NEWARK Notts NG24 IBA ANNUAL REPORT OF NEWARK AMATEUR OPERATIC SOCIETY Registered Charity Number 243912 Compally Registraion Number 04192517 This report is for the Societvs financial year ended 31 December 2023. The official address of the Society is: 27 Castle Gate Newark Notts NG24 IBA The charitable objects of the Society as set out in the adopted rules are: a) To cultivate the Dramatic and Operatic Arts and to improve and educate the public taste in these arts. b) To promote the production of Dramatic and Operatic works having educative value in furtherance of object (a} and with the fillther object of raising fLmds to be used solely for charitable purposes. c) To do all such things &s shall be conducive to the attainment of the said objects. The Trustees of the Charity are the members of the Executive Cornrnittee as designated in Rule No 4 of the Society's Rules. The following are names of Trustees Se￿Ing at 31 December 2023: Mrs R Crowe Chairman/Life Member Mr M J Follen Vice-chairman/Business Manager Mr R A Crowe Vice PresidenbRepres¢ntative MrJDay Treasurer /frs J Brown Secretary Mrs R Edis Production Manager Mrs B Sejinour PatronslFriends of NAOS SecretarylLife Member Mr T Roberts Social Secretary 11 Wizard of Oz was staged in March 2023. Clue was staged in October 2023. The Accumulated Fund stands at £77152 at 3 1st December 2023. This reserve is considered by the Tn￿teeS to be sufficient to cover the cost of a major production which would be around £45000. The Trustees have chosen Evita for their Spring 2024 productÉon. Mrs R Crowe Chairyerson Newark Amateur Operatic Society NEWARK AMATEUR OPERATIC SOCIETY STATEMENf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Incoming resourees: Subscriptions teceived Bank and building socicty interest - gross Costume Sales Cats Donations and sponsorship Gift aid tax repayment Production incorne ￿nsCi11a) Production income (Clue) Production income (Wizard of Oz) Calendar Sal¢s/Fundraising Polo Shirts Production income (Addams Family) Production income (Singing in the Rain) 2654 597 500 739 7260 2725 251 79 1214 25 7379 18006 290 37 10594 13918 185 Total incoming resources 37320 29133 Less resources used: Production expenditure (Clue) Production expenditure (Wizard of Oz) Production enp¢nditure (Singing in the Rain) Production expenditure (Addams Family) Postage, stationery, secretarial and sundry expen Room hire, committcc meetings and club nights Accountancy (including VAT) Insurance NODA subscriptionsn?adges Miscellaneous ProfessionaE fee - Re Gift Aid Claim Adobe Subscription Total resources used 7210 24363 25354 7752 13 75 564 1241 200 205 180 298 504 26 174 516 l195 390 99 1080 298 35855 -35855 -35882 Net incoming resources surplusl(defieit) 1465 (6749) Balance at l January 2022 Net tncoming resources profi6 deficit 75687 1465 82436 -6749 Balance at 31 December 2023 77152 75687 NEWARK AMATEUR OPE114TIC SOCIETY BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Cash and Illvestments: Lloyds Bank TSB Bank.. Current Account Balance TSB Bank.. Treasurers Account Balance TSB Instant Access Account Cash on hand 3599 12835 39467 20694 435 9660 39075 20488 435 77030 69658 Current Assets: Amounts Paid in Advance - Beauty & Beast Amounts Paid in Advance - Clue Amounts Paid Én Advance - Wizard of Oz Amounts Paid in Advatkce - Evits Prepaid Adobe Subscription Prepaid insurnnce 543 2554 5077 1200 99 754 2185 99 725 3552 9684 Current Liabilities: Accountancy and other professional fees Advance Receipts - Wizard of Oz Advance Receipts - Evita 516 564 3091 2914 3430 3655 Net Current Assets 122 6029 Net Assets 77152 75687 For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.No members have required the company to obtatn audit of its accounts lor the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with tILe requirements of the act with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the micro-entity provisions. Justin Day Director NEWARK AMATEUR OPERATICS SOCIETY PRODUCTION ACCOUNT WIZARD OF OZ MARCH 2023 Income Box Office Programme sales Merchandise sales Programme Adverts Sale of Set Etc Sundry 15644 940 125 695 509 93 18006 Less Ex enditure Postage, stationery and 5undries Hire of rehearsal rooms Theatre Expenses, hire and staff Scenery, props and transport Roya Ities and libretti hire Publicity and merchandise for resale Costumes M usical Director fee Licence Choreographer and musicians Promotion and printing 233 5990 4387 64 530 1600 3054 6836 1670 24364 Production deficit 6358 CLUE OCTOBER 2023 Income Box Office Merchandise Sales Programme Advert 5ale/Hire of Set Fundraising Raffle Sundry 7123 102 20 38 96 7379 Less ex enditure Scenery, props and transport Royalties and libretti hire Publicity and merchandise for resale Costumes Licence deposit Theatre hire MD Fee Programme Printing Promotional & Printing M usicians Sundry 682 87 630 2220 1650 600 519 281 525 16 7210 7210 Production surplus 169