Annual Re ort of the Trustees (OS fv. The Trustees resent their annual re rt and accounts for the ear end¢d 31si Jul 2024 LOS Musical Th¢atre is a registered charity. nutnber 1148(A)9. The principal address is.. Market Tower. Market StreeL Lewes. Sussex. BN7 2NB The Charity is governed by its amended constitution adopted on the Twenty Seventh Day of November 2019. There are currently seven apwinted trustees. In the c&se of a trstee ceasing to act &s such for any reason, the remaining trustees may appoint another to tske their plact. New trustees are advised of their restA)nsibilities as trustees on appoinknenL Th¢ tnst¢es r¢port that in aordan¢¢ with th¢ ¢onstituuoJ4 they have end¢av0ud to Comply with the aims and objects of the Charity. Following formulated accounting policies. accounts for the year ending 3 1st July 2023 have been carefully PTepared and follow this statemenL These accounts comply with the recommended Aceounting ttmdards of the Charity Commi&%ioners. Reasonable and prudent judgements and e41imates are used in the management of LOS Musical Theatre operations to ensure the correct application of funds and income. The assets of the charity have been carefvlly managed for the advantage of the Society. The ttwste&q have assessed the major risks to which the chlty is eXI and are satisfied that the systems in place to mitigats exposure to the rnajor risks. OBJECTS and ACTIVITIF.S The Objects of the S<Kiety are to educate the public in the drdmatic ar operatic arLs. and to further the development of public appreciation and taste in the said arts. the performance of musical pmductions. Also. for the public benefit to protnote the education and trdining of members (or past members) in such ways &s the charity truslees see fiL including awarding to such persons hOlarShIpS or grdnts tenable at any Lmiversity, college or institution in relation to the perfornixng arts. REVIEW The attached accounts fully detail the fuHncial rM)5ition of the clwity. During the rewrtiThg period we have put on productions &s usual. including concerLs. The result for the year shows a deficit of £1.940 and the trustees consider the financial position of the Charity as at 31st Julv 2024 to be satisfactory. Reserves are maintained at a level con5iderd appropriate by the trsteeS in order for the charity to meet the requirements of its objects. D3 Affiliated to the National Operatic and Dramatic Association spitd &IaTrith¢atre
LOS MUSICAL THEATRE (formerly Lewes Operatic Society) FOR THE YEAR ENDED 31 JULY 2024
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2024
LOS MUSICAL THF.ATRE fornierl Leives O eratic Socie RF.CF.TIryS AND PAYMENTS ACCOUNT FOR THE YF.AR F,NDF.D 31 JLI.Y 2024 CERTIFICATE OF APPROVAL I approve the Receipts and Payments Accounts set out on page 2 and confinn that I have made available all relevant records and inforniation for its pwarntion. MR COLIN REYNOLDS INDEPENDENT EXAMINER'S REPORT ON THE AccouNrs In connection with my examinatioll, no matter IHs come to mv attention: {] ) which gives me reasonable cause to belicve that it4 any material respecL the requirements. - to keep accounting records ID accordancc with section 130 of the Charities A¢L - to prepore accounts which acci>rd with the accounting rec4)rds and comply with the accoulltig requicnts of the Charities Act have noi been me¢ or (2) to whkch, in my" opinion, attention should be draThm in order to ¢nable a proper understanding of the accounts to be reached. Stewart Hunt FCCA Chartered Certified Accountant Lewes Paye 1
LOS MUSICAL THEATRE REGISTERED CHARITY NUMBER 1148609
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2024
| 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 EXPENDITURE OVER INCOME 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 Balance |
£ 18,286 5,979 3,381 137 2,328 - 39,300 689 245 - 3,518 |
£ 64 - 319 21,306 744 2,732 46,286 472 71,923 73,863 ( 1,940) 59,405 (1,940) 57,465 8,311 1,200 45,541 55,052 2,413 57,465 |
£ £ 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 31 July 2023 |
£ £ 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 31 July 2023 |
|---|---|---|---|---|
| 71,879 67,654 |
||||
| 37,527 5,105 |
28,562 8,965 |
|||
| 4,225 | ||||
| 55,180 4,225 |
||||
| 59,405 | ||||
| 6,723 944 52,806 |
||||
| 42,632 30,803 |
37,527 27,831 |
|||
| 11,829 3,518 |
9,696 2,973 |
|||
| 44,619 922 |
51,973 833 2,534 ( 3,602) |
|||
| 3,747 (1,334) |
60,473 ( 1,068) |
|||
| 59,405 |