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 ttl￿ee3 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 oP￿atie 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 wa￿5 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(￿¢fÉY￿theOET 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: - (1) which gives me reasonable cause to believe that in, any material respect, the requirements; - to keep accounting records in accordance with section 130 of the Charities Act; - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or - (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| |---|---|---|