REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024
FOR
WORCESTER OPERATIC AND DRAMATIC SOCIETY
Reglstered Charity Number: 1091564
Cover

WOr￿ter Operatic And Dramatic Soclety
Contents of the Financial Statements
for the Year Ended 31st Detember 2024
Page
Reference and Adminsitrative Details
Report of the Trustees
2to5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t017
Index

Worcester Operatk And Dramatk Soclety
Reference and Admlnlstrative Detalls
for the Year Ended 31st December 2024
TRUSTEES
D Skelton (President from 25.4.241
M Astles (President to 25.4.24 then Immediate Past President}
A Turner (Secretary to 25.4.24 then retired)
A Hasnip Ilmmediate Past President to 25.4.24 then Trustee)
R Price (Commerclal Manager)
L Berryman
P Brown (retired 25.4.241
J Field
S Gilhooly
C Holloway
C Hooper
Ajakeman
E Cooke lappolnted 25.4.241
T Edwards (Secretary from 25.4.241
A Hopkins (appointed 09 May 20241
PRINCIPAL ADDRESS
St Mary's Hall
Northfield Street
Worcester
WRI INS
REGISTERED CHARITY NUMBER
1091564
INDEPENDENT EXAMINER
The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WRI IRU
SOLICITORS
Hallmark Whatley Hulme
4-5 Sansome Place
Worcester
WRI IUQ
BANKERS
Santander Pl¢
Bootle
Merseyside
L30 4GB
Barclays Bank
I Churchill Place
London E14 5HP
Page I

Worcester Operatlc And Dramatic Society
Report of the Trustees
for the Year Endèd 3tst December 2024
The trustees present their report with the financial statements of the Society for the year ended 31
December 2024. The trustee5 have adopted the provisions of Accounting ènd Reporting by Charities..
statement of Recommended Prattice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 leffectlve I
OBJECTIVES AND AcrivmES
The object of the Society is to edutate the public in the dramatic and operatic arts, to further the
development of public appreciation and taste in the said art5, to assist and further such charitable
institutions and charitable purposes as the commtttee shall from time to time determine.
Slgnlflcant Actlvities
The objert of the Society is to educate the public in the dramatic and operatic arts, to further the
development of public appreciation and taste in the said arts, to assist and further such charitable
institutions and charitable purposes as the committee shall from time to time determine.
The principal activities continue to be the performance of three full-scale musical produrtion5 per annum
in local theatres and other smaller scale musical and dramatic works in other venues in the Worcester
and Malvern area.
Productions are carefully chosen for their educative value and their potential to broaden the scope of the
theatrical and artistic provision available to the local community.
The Society particularly values Its involvement with young people. organised through its Youth Sertion,
Publlc Benefft
The trustees confirm that they have complied with the duty in Section 17151 of the 2011 Charities A¢t to
have due regard to guidance on public benefit published by the Charities Commission when reviewing
the charitvs objectives and in planninE future activities.
ACHIEVEMENT AND PERFORMANCE
There are currently 12 Trustees of the WODS Charity. They meet every month eitherface-to-
face or on-line to review all aspects of the Societws progress. During 2024, the Trustees have
focused on completing the re*stsblishment of our procedures and annual cycles of activities
that we had developed over many years before the COVID-19 pandemic hit us. We have
continued to stage our traditional three shows a year- two by our adult group IWODS) and one
by our Youth Section {WODYSI. These shows were staged in April 2024 (Me & My Girl) and
October 20241Sister Act} with our Youth Section show in August 2024 (Addam's Family), with
all three shows being critically acclaimed and popular with our audiences and members alike. In
setting our Show budgets, we continue to be tightly squeezed between the relentle55 increase
in our production costs (theatre, set and costume hlre} and the extent to which we can increase
ticket pricès to compensate without scaring away our audiences. During the p3St year, we have
introduced a more rigorous process for choosing our productions, with careful review of the
prospective cost of each production against a realistic expectation of audience numbers.
A continuing concern for the Trustees has been the cost of hiring our main performance venue-
the Swan Theatre- and the deterioration in some of the theatre facilities, necessitating more
hiring-in of equipment. This has pushed our break-even points even higher. The Society has
committed to supportin8 the Theatre through fund-raising to ensure that new lighting and
sound facilities can be purchased in due time. We have recently analysed our show finances
overthe past 10 to 15 yearsto look for areas where we could make savings on our non-fixed
costs. This has identified some areas where we can make savings without compromisingthe
quality of our shows.
The Trustees have also adopted a policy position to use in-house li.e. nil cost) people in
appointing our Production Teams by default, and not to engage external directors and
choreographer5. Our Musical Directors continue to be paid a professional fee for their services.
Page Z

Worcester Operdtk And Dramatic society
Notes to the Financial Ststements- continued
for the Year Ended 31st December 2024
ACHIEVEMENT AND PERFORMANCE continued.
The cost of producing our show programmes have been significantly reduced
and we are morevigorously pursuing advertising.
Bolstering our team organising wardrobe, building sets and props has all led to
a steadily increasing use of in-house resources and reducing our dependency
on hired items wherever possible.
The Trustees intend to continue pursuing additional opportunities and carefully
considering realistic show budget5. whilst seeking to maintain the quality of our
productions and audience appeal.
The income on hiring out our Hall has continued to recover in this past year
due to the increased number of enquiries through our own website, and
promoting the hire of our premises on external local sites. Additionally, income
from the hire of our car-parking spaces has continued to be stable and we
normally have a waiting list for spaces to hire. We regularly benchmark our
parking rentals with other local venues.
Throughoutthe year, the Trustees have placed great importance on
communication with our membership by means of regular Facebook postings
and Newsletters. We have also continued to hold New Member evenings at the
Hall to talk to small groups of potential new members about the Society, the
future shows we have planned, offer refreshments and give them a tour of the
Hall facilities. This has continued to be very successful in converting
expressions of interest into new Members. It is howevera concern for the
Trustees that the number of general supporters (Patrons) continues to reduce
slightly each year, and this will be a further point of reflection in future
planning of our membership strategy.
Our premises, St Marfs Hall, is a great asset forthe Society but one whlch
requires constant upkeep. Last year, we commissioned a struttural survey of
the building togetherwith a drone survey of the roof. This showed no major
concerns for the next 5-10 years, but highlighted a small number of minor
stonework issuesthat have now been addressed and fully-funded using grants
from a local charitable trust. The Trustees have determined to plan ahead and
are compiling repair and development projects for St. Mary's Hall with a view
to pursuing larger grant-funding. The intention will be to proactively mitigate
maintenance and development costsforthe charity. A team of volunteers has
continued to meet weekly to carry out minor repairs and cleaning. We
regularly review our utility suppliers where possible to ensure best value-for-
money.
Finally, the Trustees have started to plan for the future to ensure the Society is
re-structured to address the changing ethos of the Society from a social group
to a more production-oriented enterprise. Changes to the Constitution and the
way that key decisions are made by the Trustees will be explored over the next
year. We plan to review how our membership structures and fees, and
potentially explore per show membership as well as general membership
opportunities.
Overall, this year has been one where the Society has sought to consolidate its
operations and finances, but with an growing emphasis of planning ahead for
the future to ensure more control over our cash-flow and future financial
health. Our main aim, in accordance with the charitvs stated intent, 15 to
continue to provide high-quality entertainment while maintaining a sound
financial position.
Page 3

Worcester Operatlc And Dramatic Society
Notes to the Financial Statements- continued
for the Year Ended 31st De￿mber 2024
FINANCIAL REVIEW
Total Funds amounted to £122,608 at 31 December 20241£118,059 at 31 December 2023}
ofwhich £4,892 was held in Restricted Funds1£4 988 at 31 December 20231.
Unrestricted incoming resources for the year amounted to £134,33712023: £117,214) and
Unrestrlcted outgolng resources amounted to £131,75812023- £117,163} resulting in net
income, after gains and losses on Investments, of £4,64512023: £1.4061.
Restricted incoming resources for the year amounted to £2,784 12023: £2,799) and
restricted outgoing resources amounted to £2,88012023: £4,859) resulting in net
expenditure of £9612023.. £2,060).
Reserves Policy
In normal years not dlsrupted by unforeseen events beyond the Charitvs control
cashflows do not happen evenly month by month. but are heavily skewed around the
months before. during, and after the main Charitable Activities which are always bud8eted
to be cash neutral. Typically this is between the months of March to May and July to
November. Other cashflows in respect of the Charitws Support Activities are regarded as
happening evenly month by month. The strategy agreed by the trustees is to maintain an
unrestricted reserve fund equivalent to approximately 9 month5 expenditure of Support
Costs. The Charity's general unrestricted reserves excluding fixed assets were £57,323 at
31 December 202412023: £54,887), representing approximately 33 months of unrestricted
supporting expenditure, therefore the strategy is currently being achleved.
The Trustees recognise the importance of rigorous financial control. and they are pleased
to report that unrestricted reserves continue to be maintained at an acceptable level
de5Plte a year of significant inflationary pressure. Audience levels continued to be
acceptable whilst it is clear the general theatre going public are becoming increasinglv
discerning regarding which productions they can afford to support. Admission ticket prices
continue to be difficult to maintain as the financial pressure on break even points continue
to rise. The Trustees critically review every element of produrtion expenditure whilst
ensuring that the quality of what 15 being offered is maintained. Accordingly. the ongoing
challenge to the Society is to continue to present a varied and attractive programme to
the theatre going public whllst controlling Its Costs within its agreed budgets and therebv
maintain its reserves at an acceptable amount.
Page 4

Worcester Operatlc And Dramatle SodÈty
Report of the Trustees- contlnued
for the Year Ended 31st December 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated
charity.
Risk Management
The trustees have a duty to identify and revlew the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assuran￿ against fraud and error.
During 2024 the trustees continually monitored the exposure of the Society to ongoing risk in accordance with
their adopted Risk Policies, including Child Protertion. Equal Opportunities and Health & Safety.
CONSTITUTION
WOr￿Ster Operatic and Dramatlc kniety 1.the SocIet￿l became a registered chartty on 8 April 2￿2 and Is
governed by its constitution adopted on 24 April 2020. Charity number 1091564.
TRusfEES
The members of the Societls commlttee are its trustees for the purpose of charity law and throughout thls
report are collectively referred to as Its trustees. As set out in the constitution the Annual General meeting
elects the trustees comprising up to ten members of the Society. two of whom retire by rotation. and are
eligible for re-election. In addition, the Immediate Past President and the Chairperson of the Youth Section
sub-committee are co-opted to the committee as a members.
ORGANISATION
The trustees, who meet monthly, administer and manage the day to day affairs. There is a sub-committee that
administers the Youth Section.
INVESTMENT POWERS
Under the constitution, the trustees have the power to invest funds in the name of the Society, a5 they deem
appropriate.
Approved by order of the board of trustees On ...-...
and signed on tts behalf by-
Mk C l(oLLoWAY - CKdiklth
Page S

Independent Examiner's Report to the Trustees of
Worcester Operatic And Dramatic Soclety
Independent examiner's report to the trustees of Worcester Opefatlc And Dramatic Society
I report to the charity trustees on my examination of the accounts of Worcester Operatic And Dramatlc Society (the
Trust) for the year ended 31st December 2024.
Responsibllltles and bas15 of report
A5 the charity trustees of the Trust you are responsible for the preparation of the accounts In ac¢ordance with the
requirements of the Charitie5 Att 20111'the Act'l.
I report In respect of my examinatlon of the Trust's accounts carried out under sertion 145 of the Act and in carrylng out
my examlnatlon I have followed all applicable Directions given by the Charity Commission under sertion 145151{bl of the
Act.
Independent examlner's ststement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
l. accounting records were not kept in respect of the Trust as required by section 130 of the Art; or
2. the accounts do not accord with those records- or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2￿)8 other than any requlrement that the accounts
give a true and fair view which Is not a matter considered as part of an independent examlnation.
I have no concern5 and have come across no other matters in connection wlth the examination to which attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Melissa Godwin ACA ACCA
The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WRI IRU
Date: .............................................
Page 6

Worcestèr Operatic And Dramatk Sodety
Statement of Financial Activltles
for the Year Ended 31st December 2024
2024
Totsl
Funds
2023
Total
Funds
Unrestrfrted Restrirted
Funds
Funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
11,754
2.784
14.538
13,478
Charftsble actlvltles
Productions
Workshop and cabaret
108,372
645
108.372
95,702
430
Other trading activities
Investment income
Other income
11.728
1.069
769
11,728
9,211
1,089
103
769
Total
EXPENDITURE ON
Raising funds
Charitable activities
Productions
Workshop and cabaret
137
137
239
131,542
79
2,880
134,422
79
121.150
633
Total
131.758
2,880 134,638 122,022
Net gains on investments
2,066
1,355
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
113,071
4.988
118,059 118,713
TOTAL FUNDS CARRIED FORWARD
The notes form part of these financial statements
Page 7

Worcester Operntlc And Dramatlc Sodety
Balance Sheet
31st December 2024
2024
Total
Funds
2023
Unrestricted Restricted
Funds
Funds
Total
Funds
Note5
FIXED ASSETS
Tangible Assets
Investments
12
13
23,097
37.296
23m7
37296
23,798
34,385
cURRETr￿ ASSErs
Debtors
Cash at bank and in hand
14
13,359
48,438
1,392
3,500
14.751
51,938
16,311
48,113
CREDITORS
Amounts fallin8 due within one year
15
4.474
4,474
-4,548
NEf CURRENT ASSErs
59,
TOTAL ASSETS LESS CURRENT LIABILrriES
117,716
4,892 122,608 118,059
ASSETS
FUNDS
16
Unrestrirted funds:
General fund
WODS Youth Section
Armstrong Youth Fund
107.615 104,449
8,361
6,822
1,740
1,800
Restricted funds
4￿92
4,988
TOTAL FUNDS
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:
2R/(,1101S
C HoLLOWrtY - CHAilnAfv
Page 8

Worcester Operatic And Dramatlc Soclety
Notes to the Financial Statements
4for the Year Ended 31st December 2024
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance
with the Charities SORP IFRS1021 "Accounting and Reporting by Charities: Statement of Recommend Prartice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {Financial Reporting Standard 1021 (effective l January 20191" and the Charities Act 2011. The financial Statements
have been prepared under the historical cost convention, with the exceptlon of investments which are included at market
value. as modified by the revaluation of certain assets.
The accounts are prepared in sterling, which is the funrtional currency of the charty. Monetary amounts in these financial
statements are rounded to the nearest £.
The charity is exempt from preparing a statement of ca5hflow on the grounds that it is not a large charity.
INCOME
Income from grants (including government grant51 and donations is recognised on a performance basis in the period in
which the charity is entitled to receipt and the amount can be measured with reasonable certainty.
Income from charitable activities rnainly relates to ticket sales and this is recognised when the service is provided to the
customer. Merchandise sales are recognised on exchange of goods.
Income from trading artivities, including rents re￿ived. 15 recognised on an accruals basis.
Investment income is recognised when the relating investments issue notlce of distribution to its investors.
Interest income is recognised for all interest bearing investments on an accrual bas1S.
Membership subscriptions, rental income and ticket income received for periods commencing after the balance sheet date
are treated as deferred income, as the charity does not yet have entitlement to the funds.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committlng the charity to that
expenditure. it is probable that a transfer of economic benefit will be required in settlement and the amount of the
obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha sbeen classified under
headings that aggegate all cost related to the category. Wher costs cannot be directly attributed to particular headings they
have been allocated to activities on a basis consistent with the use of resources.
CHARITABLE AcfiviTIES
Costs of theatre productions and the costs of runnin8 the charity's premise5 are treated as charitable activities In the
accounts.
TANGIBLE FIXED ASSErs
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold Property
Improvements to property
Fixtures an fittings
- 2% on cost
- 20% on cost
20% on cost
Tangible fixed assets are included at cost less depreciation. Purchases are capitalised and depreciated when it can be
demonstrated that the item retained a holding value at the financial year end, and the purchase price was greater than
£5,000.
TAXATION
The charity is exempt from tax on its charitable activities.
Page 9

Worcester Operatlc And Dramatic Society
Notes to the Financial Statements- contlnued
for the Year Ended 3tst December 2024
ACCOUNnNG POUCIES- continued
FUND ACCOUNTING
The charity maintains an Unrestrricted Fund for it5 day to day activities. Designated funds are maintained for the
activities of the charity's Youth Section "WODYS" and the future maintenance and upkeep of the charity's premises.
Transfers are made to or from the WODYS Fund so that the Youth Section has sufficient working capital to stage future
performances prior to ticket sales being received.
Grants received are credited to specific Resricted Funds as determined by the terms of their donation and expenditures
are charged accordingly against these funds.
Further explanation of the nature and purpose of each ftjnd is included in the notes to the financial statements.
INVESTMENTS
Investments are included at market value at the balance sheet date. Any increase or decrease in market value is
recognised in the statement of financial activities.
The charity has elected to apply the provisions of Section 11 "Basic FinancFal Instruments" and Section 12 '0ther
Financial Instruments Issues" of FRS 102 to all its financial istruments.
Financial instruments are recognised when the charity becomes party to contrartual provisions of the instrument.
Financial assets are offset, with the net amounts presented in the accounts where there is legally enforceable right to
set off the recognised amounts and there 15 an intention to settle on a net basis or to reali5e the asset and settle the
liability simultaneously.
Basic Financial Assets
Basic financial assets which include trade and other recelvables and cash and bank balances, are inltially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financial transaction, wher the transaction is measured at the present
value of the future receipts discounted at a market rate of interest.
Basic Financial Liabtlities
Basic financial liabilites, including trade and other payables, are initially recognised at transaction price unle55 the
arrangement constitutes a financial transaction. where the debt instrument is measured at the present value of future
receipts, discounted at a market rate of interest. Debt instrument5 are subsequently carried at amorti5ed cost, using the
effertive interest method.
Page 10

Worcester Operatic And Dramatlc 5oclety
Notes to the Financlal Statements- continued
for the Year Ended 31st December 2024
DONATIONS AND LEGACIES
2024
Totsl
Funds
2023
Total
Funds
Unrestricted Restritted
Funds
Funds
Donation5
Gift Aid
Grants
Membership Subscriptions
2.666
1,178
2.666
1,178
2,784
7.910
2,188
1,244
2,799
7,247
2,784
7,910
GRANTS RECEIVED
2024
2023
Other grants
2.784
2,799
OTHER TRADING ACTIVITIES
2024
Total
Funds
2023
Total
Funds
Unrestricted Restricted
Funds
Funds
Car Park income
Hire income
Raffle Income
Sale of refreshments
Sale of promotional items
6,013
3,334
1,666
600
115
6013
3334
1,666
61x1
115
5,828
973
1,828
299
283
INVESTMENT INCOME
2024
Total
Funds
2023
Total
Funds
Unrestricted Restricted
Funds
Funds
Bank interest
Dividends
297
772
297
772
267
822
INCOME FROM CHARITABLE ACTivrriES
2024
2023
Ticket Sales
Programme Sales
Programme Advertising
Sale of Costumes
Sale of Promotional Garments
Sundry Income
100,979
2,612
3.175
88,409
3,223
2,650
360
990
70
1.466
140
Workshop and cabaret income
645
430
Page 11

Worcester Operatic And Dramatlc Society
Notes to the Financlal Statements- continued
for the Year Ended 31st December 2024
CHAR￿ABLE ACTIVITIES COSTS
Direct
Costs (see
note 71
Support
Costs (see
note 81
Totals
Productions
Workshops and Cabaret
110,787
79
23,635
134.422
79
DIREcf COSTS OF CHARITABLE ACTivrriES
2024
6,463
7,758
550
1.572
20,766
5,524
19.772
13,698
2023
7,237
5,580
475
1,768
20,242
5.486
14,952
8,405
7,040
125
25.147
633
Advertising and promotion
Costumes and make-up
Director and choreographer fees
Entertaining and gratuities
Musician's fees and rehearsal materials
Programme costs and photos
Royalties
Scenery and properties
Sound and lighting
Sundries
Venue hire
Workshop and cabaret
26,834
79
SUPPORT COSTS
Governance
Costs
Management Other
Totals
ZZ,385
1,250
23,635
All support Costs have been allocated against production activities due to the minimal value attributable
to workshop and cabaret activities.
Unrestrltted Restritted
Funds
Funds
2024
Total Funds
2023
Cleaning, laundry and wardrobe
Depreciation of tangible and heritage assets
Donations
Independent Examination
Insurance
Light, heat and water
Membership expenses
Postage and stationery
Repairs to charity property
Subscriptions
Telephone
998
701
1,600
1,250
3,820
3,579
1,762
2,141
3,965
245
694
998
701
1,6(10
1,250
3,820
3,579
1.762
2,141
6,845
245
694
1709
701
1540
1140
3,633
3,431
1,068
1,452
9,228
255
536
2,880
Page 12

Worcester Operatlc And Dramatic Society
Notes to the Flnan¢lal Statements- tontinued
for the Year Ended 315t December 2024
TRUSTEES. REMUNERATION AND BENEFITS
During the year ended 31 December 2024 two trustees rece¢ved honoraria totalling £400 in their capacities as production
dirertor of one show each.12023- £3751
TRUSTEES, EXPENSES
During the year ended 31 December 2024 no expenses were reimbursed to Trustees12023 . £1631 as permitted by the
Charity's Governing Document.
io.
STAFF COSTS
There were no staff costs for the year ended 31st December 2024 nor the year ended 31st December 2023.
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrivrriES
Unrestricted Restritted
Funds
Funds
Total
Funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
10,679
2,799
13,478
Charitable artivities
Productions
Workshops and Cabaret
95,702
430
95,702
430
Other trading activities
Investment income
Other income
9.211
1,089
103
9.211
1,089
103
Total
EXPENDITURE ON
Raislng funds
239
239
Charitable activities
Productions
Workshops and Cabaret
116,291
633
4,859 121,150
633
Total
Net galns on Investments
1,355
1,355
NEf INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
111,665
7,048 118.713
TOTAL FUND5 CARRIED FORWARD
Page 13

W0￿ester Operatic And Dramatlc Soclety
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st December 2024
12.
TANGIBLE FIXED ASSErs
Improvements Fixtures
to
and
Property
Fittings
Freehold
Property
Totals
C05r
At 1st January 2024 and 31st December 2024
35,015
67,096
9,820
111,931
DEPRECIATION
At 1st January 2024
Charge for Year
11.217
701
67,096
9.820
88,133
701
At 31st December 2024
NET BOOK VALUE
At 31st December 2024
23,097
23,097
At 31st December 2023
23,798
23,798
13.
FIXED ASSET INVESTMENTS
Investment5
MARKET VALUE
At 1st January 2024
Additions
Disposals
Revaluations
34,385
1,691
-846
2,066
At 31st December 2023
NET BOOK VALUE
At 31st December 2024
37,296
At 31st December 2023
34,385
Page 14

Worcester Operatlc And Dramatic Society
Notes to the Flnanclal Statements- continued
for the Year Ended 31st De￿rnber 2024
14.
DEBTORS: AMOUNTS FAWt4G DUE WITHIN ONE YEAR
Unrestricted Restrirted
Funds
Fund5
2024
2023
Other debtors
Prepayments and accrued income
1,985
11,374
1,985
12.766
1,050
15,261
1.392
15.
CREDITORS.. AMOUWtS FALLING DUE WITHIN ONE YEAR
20Z4
2023
Deferred income
Accrued expenses
2,329
2.145
2.171
2.377
Deferred income included within the above relates to income received in advance for car park rent,
£2,07112023- £2,171> and program advertising, £IOO12023- £0) and sale of promotional clothing,
£15812023- £01.
16.
MOVEMENT IN FUNDS
Net
in funds
Transfers
funds
At 1.1.24
31.12.24
Unrestrlcted funds
General Fund
WODS Youth Section
Armstrong Youth Fund
104,449
6,822
1,800
3,146
1,559
-60
20 107,615
-20
8,361
1,740
Restrirted fund
Upkeep of Building Fund
4.988
4,988
-96
4,892
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Incoming Resources Galns and Movement
resources
Expended
losses
in funds
Unrestricted funds
General Fund
WOD5 Youth Section
Armstrong Youth Fund
98,367 -97,287
35,970
-34.411
-60
2,066
3,146
1,559
-60
Restricted fund
Upkeep of Building Fund
2,784
-2,880
-96
TOTAL FUNDS
137,121 -134.63
,066
Page 15

Worcester Operatlc And Dramatic Society
Notes to the Financlal Statements- continued
for the Year Ended 31st December 2024
16.
MOVEMENT IN FUNDS- contlnued
Comparatives for movement in funds
Net
Transfers
movement between
in funds
funds
At
1.1.23
At
31.12.23
Unrestrlcted funds
General Fund
WODS Youth Section
Armstrong Youth Fund
94,609
15,216
1,840
-2,160
3,606
40
12,000
-12,000
104,449
6,822
1,800
Restrlcted funds
Instrument Fund
WODYS Benefit Fund
Upkeep of Building Fund
2,000
48
5,000
-2,000
-48
-12
4,988
TOTAL FUNDS
Comparative net movement in funds, included in the above are asfollows:
Incoming Resources Gains and Movement
resources
Expended
losse5
in funds
Unrestrlrted funds
General Fund
WODS Youth Sertion
Armstrong Youth Fund
82,161 -85,676
35,052 -31,446
-40
1,355
-2,160
3,606
-40
Restricted funds
Instrument Fund
WODYS Benefit Fund
Upkeep of Building Fund
1,199
-3,199
-48
-1,612
-2,000
-48
-12
1,600
TOTAL FUNDS
-12
-654
17.
RELATED PARTY DISCLOSURES
During the year ended 31 December 2024 the Charity received Graphic Design and Advertising
services from a business owned and operated by a Trustee of the Charity amounting to £11,447
{2023- £10,027).
18.
PURPOSE OF FUNDS
UNRESTRICTED FUNDS
General Fund
The unrestricted general fund can be used for any charitsble purpose within the charity's objetts and approved bv
the Trustees. It is largely held to provide for the future development of the Charity.
WODS Youth Sertion Fund
This fund is held to provide for the future development of the Youth Section of the Charity.
Armstrong Youth Fund
This fund is held to supportthe education. trainin& and development of theatre skillsfor society members who are
underthe age of 18.
Page 16

Worcester Operntk And Dramati¢ Society
Notes to the Flnancial Statements- contlnued
for the Year Ended 31st De￿mber 2024
PURPOSE OF FUNDS- continued
RESTRicfED FUNDS
Upkeep of Bulldlng Fund
This fund is restricted to cover costs of significant repairs to the building.
A contract was entered into during November 2024 wlth Memorials of Worcester Limtted for
exterior stoneworks repairs to St. Mary's Hall. The contract, to be completed during 2025,
has a value of £2,784 and will be met from this fund.
Page 17