Annual Re ort of the Trustees The Trustees en ual re ounts for the 023 LOS Musical Theatr¢ is a registered charity. numkr 1148609. The principal address is.. Market Tower. MaTket Street. Lewes. Sussex. BN7 2NB The Charity is governed by its am¢nded constitution adopted on the Tw'entv Seventh Day of November 2019. There are currently seven appointed tswstees. In the cgse of a Érnstee c&ing to a¢1 Such for any re&8on, the remaining Iru5tees Fnay appoint another to tske their plac& New ttlee3 advtsed of their responsibilities as trustees on appOInt¢t. The tTUStees report that in accordance Thith the constitutioJL they have end¢avour¢d io comply with the aims and objects of the Charity. Following forniulated ac£ounting poli¢i¢s, accounts foT the year ending 31st July 202) have been carefully prepared and follow this statetnenL These COUnts comply with the recommended Accounting Standards of the Charity CommÉ&sioneTS. Reasonable and prudent judgements and &%timates are used in the management of LOS Musical Theaire operations to ensure the correct appli¢alion of funds and income. The assets of ihe charity have been carefully manaoed for the advantsge of the Society. The tnjstees have assessed the major risks to which the charity is eX1w and are satisfied that the svstems are in plaee to mitigate exposure to the major risks. OBJECT The Objects of the So¢i¢ty are lo educats the public in the dramatic and oPatie arts. and to further the development of public appr¢ciation and tsste in ihe said Jrts, bv the performance of musiul productions. Also, for thc public benefit to promoie the ¢ducation and training of memiLr5 (or p&st members) in such wa5 as the clknqrity truste see fi( illcluding awarding to such t*rsons scholarships or grants tenable at any university, ¢olleg¢ or institution in latiOn to the performing arfs. REVIEW The aitsched accounts fully detail the financial position of the chaTity. During the reporting period we have been able to return to putting on productions with full audience numbers. The resDlt for the year shows a sutplus of £4225 and the Inxstees Consider the financial trfTrsition of the Clwity a5 at 3 1st JUEY 2023 to be satisfactory. Reserves ar¢ maintained at a level considered appropriatr by the trustees in order for the charity to m the requiT¢ments of ils objects. . (trustee) dated: i Affiliated to the National Operatic and Dramatic Association 7SPiffèd by(¢fÉYtheOET
LOS MUSICAL THEATRE formerl Leives O FOR THE YEAR ENDED 31 JULY 2023 eratic Socie RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2023
LOS MUSICAL THEATRE (formerly Lewes Operatic Society)
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2023
CERTIFICATE OF APPROVAL
I approve the Receipts and Payments Accounts set out on page 2 and confirm that I have made available all relevant records and information for its preparation.
MR COLIN REYNOLDS Date
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in, any material respect, the requirements;
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to keep accounting records in accordance with section 130 of the Charities Act;
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Stewart Hunt
.............................................................. Stewart Hunt Chartered Certified Accountant
Lewes
Page 1
LOS MUSICAL THEATRE REGISTERED CHARITY NUMBER 1148609
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2023
| RECEIPTS Donations Received Grants Received BursaryIncome Fundraising Events Interest on Deposit Account Membership Subscriptions Inc Gift Aid Production Receipts Hire of Equipment Total Receipts EXPENDITURE Fundraising Expenses Rent, heat & light Repairs and Maintenance Bank Charges Insurance Accountancy Production Costs Printing, Postage and Computer Costs Subscriptions Bursary Awards Asset Depreciation EXCESS OF INCOME OVER EXPENDITURE SUMMARY Opening Balance Add Excess of Income over Expenditure Represented by: Fixed Assets Opening value at cost Additions in the year Less: opening depreciation Less depreciation in the year Closing Bar Stock Cash Funds Cash at Bank Cash in Hand Liabilities and Assets Payments made for future events Income carried forward for future events Uncleared payments Uncleared receipts Balance |
£ £ 5,272 - 322 14,333 355 3,935 46,407 1,255 71,879 8,075 7,044 2,367 46 2,101 180 43,819 634 415 - 2,973 67,654 4,225 55,180 4,225 59,405 28,562 8,965 37,527 27,831 9,696 2,973 6,723 944 51,973 833 52,806 60,473 2,534 (3,602) - - (1,068) 59,405 |
£ £ 180 - 381 13,720 15 2,893 36,450 2,178 55,817 6,696 4,933 1,896 - 2,056 180 41,020 581 334 - 1,410 59,106 (3,289) 58,469 (3,289) 55,180 28,562 - 28,562 26,420 2,142 1,410 732 1,081 53,273 442 53,715 55,528 2,163 (2,511) - - (348) 55,180 31 July 2022 |
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