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 tr￿stee 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 a￿ordan¢¢ with th¢ ¢onstituuoJ4 they have end¢av0u￿d 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 ch￿lty 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 tr￿steeS in order for the charity to meet
the requirements of its objects.
D3
Affiliated to the National Operatic and Dramatic Association
spitd &IaTri￿￿th¢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 accoullti￿g requi￿￿cnts 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**<br>Donations Received<br>Grants Received<br>BursaryIncome<br>Fundraising Events<br>Interest on Deposit Account<br>Membership Subscriptions Inc Gift Aid<br>Production Receipts<br>Hire of Equipment<br>Total Receipts<br>**EXPENDITURE**<br>Fundraising Expenses<br>Rent, heat & light<br>Repairs and Maintenance<br>Bank Charges<br>Insurance<br>Accountancy<br>Production Costs<br>Printing, Postage and Computer Costs<br>Subscriptions<br>Bursary Awards<br>Asset Depreciation<br>**EXCESS OF EXPENDITURE OVER INCOME**<br>**SUMMARY**<br>**Opening Balance**<br>Add Excess of Income over Expenditure<br>Represented by:<br>**Fixed Assets**<br>Opening value at cost<br>Additions in the year<br>Less: opening depreciation<br>Less depreciation in the year<br>**Closing Bar Stock**<br>**Cash Funds**<br>Cash at Bank<br>Cash in Hand<br>**Liabilities and Assets**<br>Payments made for future events<br>Income carried forward for future events<br>Balance|£<br>18,286<br>5,979<br>3,381<br>137<br>2,328<br>-<br>39,300<br>689<br>245<br>-<br>3,518|£<br>64<br>-<br>319<br>21,306<br>744<br>2,732<br>46,286<br>472<br>71,923<br>73,863<br>( 1,940)<br>59,405<br> (1,940)<br>57,465<br>8,311<br>1,200<br>45,541<br>55,052<br>2,413<br>57,465|£<br>£<br>_5,272_<br>_-_<br>_322_<br> <br>_14,333_<br>_355_<br>_3,935_<br>_46,407_<br>_1,255_<br>_71,879_<br>_8,075_<br>_7,044_<br>_2,367_<br>_46_<br>_2,101_<br>_180_<br>_43,819_<br> <br>_634_<br>_415_<br>_-_<br>_2,973_<br>_67,654_<br>_4,225_<br>_55,180_<br>_4,225_<br> <br>_59,405_<br>_28,562_<br>_8,965_<br>_37,527_<br>_27,831_<br>_9,696_<br>_2,973_<br>_6,723_<br> <br>_944_<br>_51,973_<br>_833_<br>_52,806_<br> <br>_60,473_<br>_2,534_<br> _( 3,602)_<br> _( 1,068)_<br>_59,405_<br>31 July 2023|£<br>£<br>_5,272_<br>_-_<br>_322_<br> <br>_14,333_<br>_355_<br>_3,935_<br>_46,407_<br>_1,255_<br>_71,879_<br>_8,075_<br>_7,044_<br>_2,367_<br>_46_<br>_2,101_<br>_180_<br>_43,819_<br> <br>_634_<br>_415_<br>_-_<br>_2,973_<br>_67,654_<br>_4,225_<br>_55,180_<br>_4,225_<br> <br>_59,405_<br>_28,562_<br>_8,965_<br>_37,527_<br>_27,831_<br>_9,696_<br>_2,973_<br>_6,723_<br> <br>_944_<br>_51,973_<br>_833_<br>_52,806_<br> <br>_60,473_<br>_2,534_<br> _( 3,602)_<br> _( 1,068)_<br>_59,405_<br>31 July 2023|
|---|---|---|---|---|
|||||_71,879_<br>_67,654_|
||37,527<br>5,105||_28,562_<br>_8,965_||
|||||_4,225_|
|||||_55,180_<br>_4,225_<br>|
|||||_59,405_|
|||||_6,723_<br> <br>_944_<br>_52,806_<br>|
||42,632<br>30,803||_37,527_<br>_27,831_||
||11,829<br>3,518||_9,696_<br>_2,973_||
||44,619<br>922||_51,973_<br>_833_<br>_2,534_<br> _( 3,602)_||
||3,747<br> (1,334)|||_60,473_<br> _( 1,068)_|
||||||
|||||_59,405_|