NEWARK AMATEUR OPERATIC SOCIETY
ACCOUNTS FOR THE YEAR ENDED
31ST DECEMBER 2024
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 2024 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:
- 1) which gives us reasonable cause to believe that in any material respect the
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 opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
BARKER MAULE & CO
Accountants
Ground Suite Navigation House Millgate Newark NG24 4TS
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ANNUAL REPORT OF NEWARK AMATEUR OPERATIC SOCIETY
Registered Charity Number 243912 Company Registraion Number 04192517
This report is for the Society's financial year ended 31 December 2024.
The official address of the Society is:
9 Eastfield North Muskham Newark England NG23 6HE
The charitable objects of the Society as set out in the adopted rules are:
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a) To cultivate the Dramatic and Operatic Arts and to improve and educate the public taste in these arts.
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b) To promote the production of Dramatic and Operatic works having educative value in furtherance of object (a) and with the further object of raising funds to be used solely for charitable purposes.
c) To do all such things as shall be conducive to the attainment of the said objects. The Trustees of the Charity are the members of the Executive Committee as designated in Rule No 4 of the Society's Rules. The following are names of Trustees serving at 31 December 2024:
Mrs R Crowe Chairman/Life Member Mr M J Follen Vice-chairman/Business Manager Mr R A Crowe Vice President/Representative Mr J Day Treasurer Mrs J Brown Secretary Mrs R Edis Production Manager Mrs B Seymour Patrons/Friends of NAOS Secretary/Life Member Mr T Roberts Social Secretary Mrs R Leggott Trustee Mrs T Martin Trustee Mr P Merrick Trustee Mr M Spendlow Trustee
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Evita was staged in March 2024. Beauty and The Beast was staged in October 2024. The Accumulated Fund stands at £95,714 at 31st December 2024. This reserve is considered by the Trustees to be sufficient to cover the cost of a major production which would be around £45000. The Trustees have chosen Shrek The Musical for their Spring 2025 production.
Mrs R Crowe Chairperson Newark Amateur Operatic Society
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NEWARK AMATEUR OPERATIC SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
| Incoming resources: Subscriptions received Bank and building society interest - gross Costume Sales Cats Donations and sponsorship Gift aid tax repayment Production income (Clue) Production income (Wizard of Oz) Production income (Addams Family) Production income (Evita) Production income (Beauty & The Beast) Ticket Sales Sundry Income Total incoming resources Less resources used: Production expenditure (Clue) Production expenditure (Wizard of Oz) Production expenditure (Addams Family) Production expenditure (Evita) Production expenditure (Beauty & The Beast) Postage, stationery, secretarial and sundry expenses Room hire, committee meetings and club nights Accountancy (including VAT) Insurance NODA subscriptions/badges Miscellaneous Professional fee - Re Gift Aid Claim Adobe Subscription Total resources used Net incoming resources surplus/(deficit) Balance at 1 January 2024 Net Incoming resources profit/ deficit Balance at 31 December 2024 |
2024 2,135 903 - - 9,943 - - - 12,679 10,128 14,469 686 50,942 140 - - 15,617 10,279 83 - 540 1,189 468 2,327 1,440 298 32,380 32,380 - £ 18,562 77,152 18,562 £ 95,714 |
7,210 24,363 504 - - 26 174 516 1,195 390 99 1,080 298 £ £ |
2023 2,654 597 500 739 7,260 7,379 18,006 185 - - - - 37,320 35,882 - 1,438 75,687 1,465 77,152 |
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NEWARK AMATEUR OPERATIC SOCIETY
BALANCE SHEET AS AT 31 DECEMBER 2024
| Cash and Investments: Lloyds Bank TSB Bank: Current Account Balance TSB Bank: Treasurers Account Balance TSB Instant Access Account Cash on hand Current Assets: Amounts Paid in Advance - Beauty & Beast Amounts Paid in Advance - Evita Amounts Paid in Advance - Shrek The Musical Amounts Paid in Advance - Calender Girls Prepaid Adobe Subscription Prepaid insurance Current Liabilities: Accountancy and other professional fees Advance Receipts - Evita Advance Receipts - Shrek The Musical Net Current Assets Net Assets |
2024 13,674 17,273 40,059 21,004 385 92,395 - - 2,579 467 99 762 3,906 540 - 47 587 3,319 £ 95,714 |
2023 3,599 12,835 39,467 20,694 435 77,030 543 2,185 - - 99 725 3,552 516 2,914 - 3,430 122 £ 77,152 |
2023 |
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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 obtain audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the 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.
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Danny Knowles Director
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