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|Reference and administrative|details ofthe Charity, its Trustees and Advisers||
|---|---|---|
|Trustees'
report||2-11|
|independent
examiner's
report||12|
|Statement offinancial activities||13|
|Balance sheet||14|
|Statement ofCash Flows||15|
|Notes to the statutory accounts||16-23|
##
|Directors/Trustees|Directors/Trustees|||Mr G P Batt (Chairman)||
|---|---|---|---|---|---|
|||||Mr D E BGrant (appointed 8 March 2023)||
|||||MrJ Guidera (appointed|12April 2023)|
|||||Mr G CW Harvey (resigned 7August 2023)||
|||||Mr P Nl Jenner||
|||||Mr R I M Kennedy||
|||||Mrs J MLang||
|||||Mr M Lewis (appointed|17December 2023)|
|||||Mr S D Norman||
|||||Mrs S M Selby Bennett||
|President|Emerita|||Dame Dione Digby||
|Vice Presidents||||Mr& Mrs A Frost||
|||||Mr & Mrs G C WHarvey||
|||||Mr TLee||
|||||Mr N Mansfield||
|||||Miss RA Miller||
|Company|registered||number|05170704||
|Charity registered||number||1105318||
|Registered|otgce|||Dorset Opera||
|||||Cheselbourne||
|||||Dorchester||
|||||Dorset||
|||||DT2 7NP||
|Accountants||||Edwards
& Keeping||
|||||Unity Chambers||
|||||34 High East Drest||
|||||Dorchester||
|||||Dorset||
|||||DT1 1HA||
|Bankers||||Lloyds Bank pic||
|||||High Street||
|||||Gillingham||
|||||Dorset||
|||||SP84AQ||
|Solicitors||||Humphries
Kirk LLP||
|||||40 High West Drest||
|||||Dorchester||
|||||Dorset||
|||||DT1 1UR||
|Website||||www dorsetopere. corn||
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||||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|2023|2022|
|||Note||||||
|INCOME AND ENDOWMENTS||||||||
|FROM:||||||||
|Donations
and legacies|||108,343||30,750|139,093|180,010|
|Charitable
activities|||382.332||(32,056)|350,276|319,776|
|Other trading
activities|||6,163|||6,163|f1,601|
|Investments|||6,239|||6,239|1,116|
|Other income|||152,000|||152,000|139,484|
|TOTAL INCOME AND||||||||
|ENDOWNIENTS|||855,077||(1,306)|853,771||
|EXPENDITURE Ols:||||||||
|Raising funds|||(4,089)|||(4,089)|(10,234)|
|Charitable
activities||8,9|(659,863)|||(659,663)|(611,383)|
|TOTAL EXPENDITURE|||(663,952)|||(863,952)|(821,617)|
|NET (EXPENDITURE)/JNCOME|||(8.875)||(1,306)|(10,181)|30,350|
|NET MOVEMENT
IN|FUNDS||(8,875)||(1,306)|(10,181)|30,350|
|RECONCILIATION
OF FUNDS:||||||||
|Total funds brought|forward||126,092|125,000|14,075|265,167|234,817|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||117,217|125,000|12,769|254,986|285,187|
##
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||||2023||2022|
|---|---|---|---|---|---|
|Net (Expenditure)/Income|for the year|(10,181)||30,350||
|Adjustments
for.||||||
|Depreciation||852||738||
|(Decrease)/increase|in Creditors|(12,275)||(13,264)||
|Decrease/(Increase)|in Debtors|5,064||(102,463)||
|Net Cash Flow from Operational
Activities|||(16,540)||(84,639)|
|Increase
in Fixed Assets||||(1,950)||
|Net Cash Flow from Investing
Activities|||||(1,950)|
|Total Net Cash Flaw|||(16,540)||(8o,589)|
|Opening
Cash and Cash|Equivalents||127,796||214,385|
|Closing Cash and Cash Equivalents|||111,256||127,796|
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|NET INCOME|||||
|---|---|---|---|---|
||||2023
f.|2022f|
|This is stated after charging:|||||
|Depreciation
oftangible fixed assets owned||by the Charity|852|T38|
|EMPLOYEES|||||
|The Charity
had no employees|during the year (2022:nii).||||
|No Trustees were
in receipt of|remuneration|in that role in the year (2022:nit).|||
|INCOME FROM CHARITABLE ACTIVITIES|||||
|Opere Festival|||||
||||2023f|2022|
|Chorus Summer School Fees|||67,550|45,203|
|less: Bursades Granted|||(32,056)|(30,350)|
|Tickets|||255,895|24T,409|
|Adver5sing
and Sponsorship|||16,952|17,654|
|Programmes
and Merchandise|||12,941|10,826|
|Bars and catering|||21,904|22,149|
|Marquee and pavilion
income|||7,090|6,885|
||||350,276|319,776|
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|INCOME|FROM DO|NATIONS
AND LEGACIES|||
|---|---|---|---|---|
||||2023f|2022f|
|Friends|ofDorset Opera||5,000|35,000|
|Grants from other charities|||38,000|26,000|
|Individual|donations|and legacies|79,915|98,672|
|GiR Aid|received||'I8,178|20,338|
||||139,093|180,010|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Intw est||||||6,239|1,116|
|All ofthe investment|income related to unrestricted||||funds.|||
|OTHER INCOME||||||||
|||||||2023|2022|
|||||||E|E|
|Theatre Tax Relief||||||152,000|139,464|
|All ofthe other income related to|||unrestricted|funds.||||
|CHARITABLE ACTIVITY EXPENDITURE||||||||
|Opera Festival||||||||
|||||||2023
E|2022f|
|Opera Production||||||434,654|421,178|
|Cast & Crew Accommodation||||||104,597|83,540|
|Emerging
Artists||||||11,700|10,500|
|Outreach
Activities||||||||
|Marketing,
Publicity|and|Hospitality||||91,990|78,832|
|Administration||||||14,571|14,959|
|Governance||||||2,351|2,274|
|Total||||||659,863|611,383|
|All charitable
activity|expenditure||was through|the General Fund.||||
|GOVERNANCE COSTS||||||||
|||||||2023|2022|
||||||||E|
|Independent
examiner's||fees||||2,310|2,274|
|AGM Expenses||||||41||
|Total||||||2,351|2,274|
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|11.|TANGIBLE F||IXEDASS|ETS||||
|---|---|---|---|---|---|---|---|
||||||Cost|Depreciation|Carrying|
||||||||Amount|
||||||8||8|
||Equipment|||||||
||At 1 October||2021||6,570|(2,899)|3,671|
||Additions||||1,950||1,950|
||Depreciation|charge for||the year||(738)|(738)|
||Disposals|||||||
||At 30September 2022||||8,520|(3,637)|4,883|
||Additions|||||||
||Depreciation|charge fcr||the year||(852)|(852)|
||Disposals|||||||
||At 30September 2023||||8,520|(4,489)|4,031|
|12.|DEBTORS|||||||
|||||||2023|2022|
|||||||8||
||Trade debtors|||||600|17,886|
||Prepayrnents||and accrued income|||152,680|140,458|
|||||||153,280|158,344|
|13.|CREDITORS:||Amounts|falling due within one year||||
|||||||2023|2022|
||||||||E|
||Trade creditors|||||624|2,339|
||Expense Accruals|||||11,641|19,129|
||Deferred
Income|||||640|4,388|
||Tax Liabilities|||||676||
|||||||13,581|25,855|
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|STATEMENT OF|F|UNDS - CURRENT YEAR|UNDS - CURRENT YEAR|||||
|---|---|---|---|---|---|---|---|
|||Balance at|||||Balance at 30|
|||1|October|||Transfers|September|
||||2022|Income|Expenditure|inlout|2023|
|||||6|5|6|E|
|Unrestricted
funds||||||||
|General Funds|||126,092|655,077|(663,952)||117,217|
|Designated
funds|(unrestricled)|||||||
|Young Performers||incl. Bursaries|40,000||||40,000|
|Wider Access Fund|||15,000||||15,000|
|Outreach|||20,000||||20,000|
|COVID Risk Fund||||||||
|Anniversary
Fund|||50,000||||50,000|
|Total designated|funds||125,000||||125,000|
|Total Unrestricted||funds|251,092|655,077|(663,952)||242,217|
|Resti'Icted fiinds||||||||
|Patrick Shelley Bursary fund - income||||30,750||||
|- applied against|income (see be(owl|||(32,056)||||
|- total|||11,419|(1,306)|||10,113|
|Opera in Education|||2,656||||2,656|
|Total Restricted Funds|||14,075|(1,306)|||12,769|
|Total offunds|||265,167|653,771|(663,952)||254,988|
|STATEMENT OF|FUNDS - PRIOR YEAR|||||||
|||Balance at|||||Balance at30|
|||1|October|||Transfers|September|
||||2021|income
5|Expenditure|in/out|2022
5|
|Unrestriicted
funds||||||||
|General Funds|||127,773|649,457|(521,517)|(29,531)|125,092|
|Designated
Funds|||95,469|||29,531|125,000|
|Total Unrestricted||funds|223,242|849,487|(621,617I||251,092|
|Restricted funds||||||||
|Restricted
Funds -||all funds|11,575|2,500|||14,075|
|Total offunds|||234,S17|65'I,SST|(821,617)||265,167|
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|CURRENT YEAR|General|Designated|Restricted|Total|
|---|---|---|---|---|
||funds|funds|funds||
||2023|2023f|2023
6|2023
6|
|Tangible fixed assets|4,031|||4,031|
|Current assets|126,767|125,000|12,769|264,536|
|Creditors due within one year|(13,58'I)|||(13,581)|
||117,217|125,000|12,769|254,986|
|PRIOR YEAR|General|Designated|Restricted|Total|
||funds|funds|funds||
||2022|2022|2022|2022|
||E|5|5||
|Tangible fixed assets|4,883|||4,ee3|
|Current assets|147,065|125,000|14,075|286,140|
|Creditors due within one year|(25,856)|||(25,856)|
||126,092|125,000|14,075|2S5,1S7|
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