REGISTERED COMPANY NUMBER: 07756429 {EnBland and Wales} REGISTERED CHARITY NUMBER. 1148939 Report oftheTrustees and UnaLtdited Fithantial statements the Year Ended 30th November 20Z4 Wesl Gen House Opera Limited (a company limited by guarantee)
West Green House Qpera Limited (a ¢ompany limited by guarantee) Contents of the Flnanclal Statements for the Year Ended 30th November 2024 Pa8e Report of the Trustees I to 7 Independent Examinerfs Report statement of Flnandal Artl¥5tles Balance Sheet 10 to 11 Cash Flow Statement 12 Notes to the Cash Flow Statement 13 Notes to the FinancEal Ststements 14 to 21 Detailed Ststement of Financial Artivities 22 to 23
West Green House Opera Llmlted {a company limited by guarantee) Report of the Trustees for the Year Ended 30th November 2024 The trustees who are also directors of the charity for ihe purposes of the Companies Act 2006. present their report with the financial Statemet$ of the charity for the year ended 30th November 2024. The triJ5tees have adopted the provisions of Accounting and Reporting by Charities= Stètement of Recommended Practice a?pli£able to charities preparin8 their accounts in accordance with the Financial Reportin8 Standard applicable in the VK and Republic of Ireland IFRS 1021 (effective I january 2Q191. OBJECTIVES AND ACTIVITIES Obsecti¥es and aims The charity's main objectives are.. To advance and promote the education of the ptjblic by performing both works trom the standard operatic repertoire as well as litile known works which deserve greater publioty. To encc>urage the undeistanding and appreciation of this art lom). in p3rtictslaf. but not èxclusively. through the psentatiOn of publit performances of opera. music. lectures and mastef classes. To provide a performance platform for young and emerging artists to hone and perfect their craft at a time when such experience in larger theatres and opera houses is becoming scarce due to the lack of arts funding generalty. To provide mentoring for such yovng and @merging artists by giving them access. both on the Stage and in rehearsal. to established protessional singers and direttor5 and the chance to perform with such experienced colleagues irb public. Publi¢ benefft The trustees have referred to the guidance contained In the Charity Commission's general guidance on public benef¢t when rewewng the 3irThs and objecEives of the chartt¥ and in planning future activities. In particular the trustees consider how planned 3Ctivitie5 will contribute to the aitn5 and objeciwe5 that have been set. The trustees believe that they fulfil these obiectwes through the charivs cultu1 attiv"rties in the staging of oper performances that ère ade available to the general public at arb affordable cost and by the rnentoring of young and emer8in8 artists. In particular the charity encourages a younger generation to experience opera by offering any tickets unsold close to the performance dale lo under 255 at a discounted pri of £25. Page I
West Green House Opera Limited (a company limited by guarantee) Report of the Trustees for the Year Ended 30th November 2024 ACHIEVEMENf AND PERFORMAMCE Charltable activlties Looking back at the last few Tnjstees. Reports, they always seem to bpgin by commenting on how bleak and unstable everythin8 is, both at home and abroad. Sadly. 2024 15 no th"fferent wtth the escalation of the tragedy that is Isr3È1 and Paléstlne, the General Elèttion at home which pioduced the almost inevttablè result and rhe seemingly nonsensical Presidential race in the USA resulting in a second term for Donald Tiufflp. Against that backdrop. it has become ever more dtfficult to ensure that music and the performing arts remain Jlive and vibrant and even more essentlal for distracting us and preserying our mvslcal culture and heritage_ Will the new Government recognise this and give the Arts the support it so desperately needs to stay alive? Will the Igsure of s(> many smaller arts organisations which receive no public funding be stemmed? So far. the invaluable Thehtre Production Tax Tredits schewne introduced by the former Govemment hès survived the first Budget but, given the gigantic financial black hole the Government keeps telling the people It has inherited from its predecessors. the continuin8 high interest rates and record consumer prices, there is a 8enuine fear that yet another lifeline for the ailing Arts settor will be axed. And until those in power who can make a di)Yerence recognise that the Arts are absolutely vital to our development and advancement as a species, privately funded arts charities will continue to Stwggle tQ survive and therefore, $0 too wll those artists who rely heavily on suth charÈties for work experience in the early days of their career5. Against this backdrop, West Green House Operè faced another tOUBh year. exacerbated by the unexpÈcted withdr6wèl of fvndinÈ frorft one of our major donors. albert. we hope. temptsranly and for reasons outside their control. Add to that the CDntinuTrng unpredict3bilrty ol the Brit15h weather and its impact on outdoor performances and it seemed we were facin8 the perfert storm. So. shortly after Easter, some tough decision5 had to be made by the 8oard in order to ensure our 2024 Season could go ahead as planned and that the contract5 already entered into with our artists, musicians, creatives and operational support stsff could be honoured and In full. The shortfall in our budgetÈd income was substant131 but the Board rose to the occasion and donated funds to meet h31f of the deficit with the balance and more coming from our incredibly generous palrons, friends and 5UPPOrters. This tOEether with the ingenuity of our Tèchnical Director. Neil Daykin and his team. meènt we were able to fvlfil all of ur tinancial and artistic obligations. Nevertheless. in order to keep costs dciwn, a decision was taken by the Board not to perform on the Lake this Season.. instead spending our money on rètaining the very highest of performance and production standards lor whicFI we have been regularly applauded rather thèn giving prioiity to the aesthetics of the venue and thereby risk compromising on the quèlity of offering ow customers have comé to èxpèct of us. Fortunately, Y4e are blessed in ihat West Green offers multiple areas within which the Opera can be stage(S and those 5t3lwarts who h3ve been coming lo We51 Green lor many years will re(all it all began in the Green Theatre on the tiered lawns on the West facing side of the House_ As we gTew and the need for propèr ta%t and trew f3tilr£ies became pressing. we moved to the Meadow beyond the ornate wrought iron gates at the end of the Green TheatrÈ. Then, forced by Cowd to perfomi with greater personal space for our audience and in the open air, we moved to the truly beautiful setting of the Lakefield and to which we hope to return in future Seasons. In the meantime. the L3keheld once 3gain became the ideal setting for picnics during the long interval, ever hopeful we might enjoy the perfert English Summer. However, just in case. the usual shared undercover Pavilion wa5 available and for private dining under the stars, the beautrful Raj Tents were erected in various picturesque sPOts around the Lakefield. For the first time since the Covid epidemic, the 2024 Season also saw the return of Fine Dinins in the charming Ènvirons of the recently refurbished Tea Rooms. We were also excited to launch our Opera Club where Members could enjoy a range of prNilege5.' from a dedicated and cornfortably appointed Club House envlronment 51tuated in the Greenhouses. to sparkling wine and canapés on arrival and various delicious platters for the long interv31. So. all in all. as we apprtrach 25 years of we Green House Opera. it was perhap5 fitting l and financially prudentl that we chose to revtsit those original G3rderb roots where it all began- in the Green Theatre and wrth the lakefield once again becoming the picnic and ol fresco dinin8 padISe it always was. Page 2
West Green House Opera limited (a company limited by guarantee) Report of the Trustees for the Year Ended 30th November 2024 WÈ were truly delighted to welc(Trme the BBC cCert Orchestra to West Green for its Opening Night Gala. an ent which wa5 recorded by the B8C broadcast on Radio 3 tn December 2024. Condurted by one of our"regular5" Maestro john Andrews. this renowned Orchestra was the superb musical cushion for two of our brightest and most Popular voung British opera stars, Nicky Spence and Soraya Mafi. Now enjoying truly intemBtional careers, Nicky and Soraya are much sought after throughout the opera wodd. Nicky made his very youthful debut with Well Green in 2CM)9 in 'Pyr3mus and Thislje" and returned in 2CIO to sing Machearh in 'The Beggar's Opera.. Even then WÈ knèw ihls was wodd class tenor in the makingl Many of the audience that night remembered sra¥a,$ enchanting West Green debut performances a few years 8go as Oespina in "Cosi Fan Tutte" Soraya wowed the West Green 3uditlDn panel with her musicality and maturity of performance. despite it be5ng not lon8 after completing her training and fresh from winning the Overseas League Prize and claiming her place on the Harewood Young Artists Programme at English National Opera. Th05e who came in 2023 to see ftichard Studer's ltiCallY and publicly acclaimed producLion of Sondheiffl's "Sweeney Todd" w511 understènd how excited we were to see what he did with Verdi's final rnasterpiece, 'Falstaft" combinin8 some of Verdi's most sublime music with the genius of Shakespeare's incomparable comedy. Fully stsged and with the orchestra under the baton of Maestro lon Lyness. this proved to be 3 truty MemobIe first weekend in the 2024 Seastsn. So PDpular was Oz Clarke's Early Music evenin8 in 2023 on the theme of beer and wine through the centuries . we invited him back for another alcohol-infused earfy musrcal journey but this time with Gin as its theme. A5 Oz told his capacity audience. Gin has been around longw than we might think and has been lauded and lamented In song through the 3ges- and what once was'mother's ruin" ha5 become the multi varietal tipple of choice for million5 today. And not to be outdone, one of the Gin'5 on offer th3t evenin8 was our own West Green House label mède with fnsits and botanicals Irom the Gardens. Celebrating the Icoth annNersary of the death ot that Titsn of opera, Giacomo Pyccini. we were proud to present a evening of the great composer's work, concentrating on the women In his operas. The thrst part of the evening was showcase of some of the most famous and sublime arias Puccini wrote for his heroines. hosted by the revered musicologlst, Peter Medhurst. As evenlng fell artd an almott religious hush descended over W@st Green. wè presented the jewel in the crown of Puccini's 'll Trittico". the tragic story of the young nun with a secret. 'Sister Angelica" abandoned by her 3riStocrdtic family ano haunted by her past, thinks she has found peace with her Fellow sisters sn their Convent until a fateful visit brings her sanctuary crashing down amund her. With the renowned john Ramster dlrecting the Sistèrs and thè rising Brotish soprano JÈnnie 5tafford singing m3gn41itèntly the monumenial titlè role, we witnessed our first standing ovalion ever at West Green with the critic5 unanimous in their praise. A5 Usual, we showcased the l>est of OLir young talent from the 2024 Season's performances in our ever popular weekend afternotsn contèrts. Many who took part are at the very beginning of their careers and either take the smaller roles in the main produrtions or are part of the indispensable cover programrne which. once again. was fvnded by one of our most loyal patrons. Our final wèékènd saw a fantastic new produdion of Rossini's evergieen comedy rnasterpiece, "The Barber of 5ewille" under the expert baton of another hugely popular West Green regular, Matthew Kofi Waldren. Brimm*ng over with the must fizzing and famous of arias. our new produttion desigrted by Laura Jane Stanfie1d and directed by Victoria Newtyn boasted a truly stellar cast, grving thetr all in the classic tale of emotional subterfu8e and deception in pursuit of true love. IN 2024, we also welcomed to the West Green Family. a new Artistic Director, Thoma5 Elwin. NO Stranger to West Green, Tom sang the role of Lensky in our 2022 produciion of 'Eugene One8in" Bringing a unique blènd of Èxperience from both sides of the footlights, Tom's engagin& friend personality and innov3li¥e approach of encouraginB both singers and creatlves to think beyornd their artual performarKes and to embrace the West Green experien¢e gÈnèr3llv quickw garnered much praise from all involved. Page 3
West Green House Opera Limited {a company limited by guarantee) Report of the Trustees lor the Yeai Ended 30th November 2024 In this most difficuft of years, the Board expressed its profound gratide to the irreplaceable Jane Mossop. the first port of call for many of our guests coming to West Green. Similarly for our Technlcal Direttor. Nell Daykin and his team who worked tirele551y and ingeniou51y to make Sure the hurdles rnerbtioned earlier were overcome. leaving us in excellent shape and against all the odds. To this roste¥ Df often unsung heroes must be added our amazing volunteer5. the famous West Green Opera Angels. Without them on hand before, durin8 and after wery performance, we just could not function as seamlessly as we do. Our Founder and £ardenei extraordinaire, marVn Abbott and her team, agaln rose to the challenge of watedogged lawns and totally unpredictable flower*ng seasons and trumphant1Y delivered the incredible illurninated Gardens which remain an integrnl part the USP which is West Greefi House Opera. Fundraisin8 zclivttres Due to the loss of a major annual donation, immediate fund raisirhg efforts had to begin in April 2024 to see if the deficit left by this unfortunate but unavoidable withdrawal of support could restore the charity's finances to a levél where the 8oard was c¢nfi"dent it could meet our financial commitments as they fell due. If there had been any dovbt. the Season would hBVP been cancelled. Ac£oFdinely. we We not able ¢0 wait foi the patron renewals and the profits from thè annual fundraising g31a which all happén much13tÈr in thè Season. To thig end, every Board Membei made a significant donation 3nd on the back of that, we went out to our patrons. friends and supporters as well as to our regular ticket buyers to ask for their a5SlStance, however small. The response was magnificent and indeed donations were ieceived from many who were coming to West &een tor the first time in 2024. The Board decidèd it Wotjld be wrong to ask thosè donors to contribute again by buying iickets for and bidding f(>r prizes at the usual Annual Gala Oinner this year so instead. sponsored by a member of our Advi50ry Council, we hosted a private thank you dinner at the RAC for our most generous 5UPPOrters which resulted In signifi'cant pledge5 of fin3ncial support for our Silver AnniveFSaFy Season in 2025_ We also staged our first Carol Concert in London which proved so popular, it is now almost cÈrtainly going to becomè a fi.xture in each Sèason's fvndraisin8 calèndar. FINANCIAL REVIEW Financial review During the year the charty had tot31 incomin8 resources of ES,13712023- £985,392). The majorily of this decrease is due to the lack of the highly successful visits to Milan and Ba13 at Vintner'5 Hall whith took place in 2023. There was èn overall reduction in donations e1ved. as in 2023 (lonations ncaSed due to some extreniely generous donations from a number of individuals and trust5. Unfortunately there was a dec&se in ticket income together with decrease in the c13im for Theatre Tax Relief. This was the third and final year when the relief was claimed at the enhanced rate of 45%. In fuiure, the rate for non-iouring performances will be set at 40%. Offsetting the decreased income, however. there w35 a decrease in costs. particul3dy in respecl of the tosts of the oper3 pertormantes. There w2S Still, howèver. a deficit on the General Fund of £87,57312023 surplus £41,584). In the year ended 30th November 2023 the donors of the remaining funds made for the new theatre project amounting to E88.554. agreed that these funds rnay be transferred to ihe General Fd resulting in a sr91US to be carried forward to future year5 on the General Fund a5 at 30th November 2024 of £43.192 12023 cumulative Surplus £130,765). Further details of the charity's intomè and expenditure for the year are shown in the statement of financial activitie5 and the accompanying notes. Reserves Poliry It 15 the policy tsf the £hèrÈty that unrestricted funds which have not been designated for a specific use should be maintained 3t a level equivalent to between three and six tnonths expenditure. The tru5tee5 consider that reserves at this level will ensure that, in the evenl of a signifitant drop in fundin& they wll be able to tontinue thè d)arrty's activlties whlle consideraiion is given to ways in which addrtDnal funds may be raed. Although the level of reserves improved in 2023, particularly following the transfer from the New Theatre Fund as mentioned above, the charity has been unable to maintain the above policy due to the defiat incurred in 2024. Unrestricted reserves a5 at 30th November 2024 represented appyoximately one months expenditure based on expenditure in the year ende(J 30th November 2024_ The trustees are artively seeking to address this 51tuation by 5eeksn8 additional donor5 and by increasin8 the number of fund tsising events. Page 4
West Green House Opera Limited (a company limited by guarantee) Report of the Trustees for the Year Ended 30th November 2024 FINANCIAL REVIEW Prlnclpal rtsks and uncertainties The prinupal risk normally hced by the Charity relates to the potenti31 loss of the donations which enable the Charity to continue to stage the operatic performances each year. In particulèrthe Charity is reliant on a relatrvely small number of major donors. rhe trustees are endeavourin8 to widen the dunoi ba* of thÈ Ch2rity in ordÈr to rnitate this risk. FUTURE PLANS Despite the entirely unpredictable weather during the entire performance period at West Green in july 2023. the Season was again another critically acclaimed success, especially our own production of 'SwÈeney Todd" which garnered ravè revièws. This suggests we might make future seasons even more eclectic for our audiences. Once again. we have decided to revise the audIee seating arrangements to ensure maximum enjoyment for all, IrSpei of the cost of the chosen seat. The cabaret style pavilion which proved so successful 13nd necessaryl immediately after the Covid epidemic has served its purpose and will be Yeplaced with a more traditional, theatre stwe seating, with everyone having perfect sight lines of the stage. The slruclure will, a5 always, ensure our èudience 15 dry and under coverin casethere's a repeat of the 2023 weather. 2025 sees West Green House Opera's 25th Anniversary,. a landmark in the charty's history. To mark the occasion. we have pulled oul all the stops, culminating in the ieturn of the BBC Concert Ofchestra to p13y for Dur very special Opera Gala on the Èvening of 25th July 2025. True to our aim to educate our public as well as providtng a platform for young and ettlerging artists, we are once again opening the Season with è rarity." the seldom p@rformed but tDtalSy exquisite "I Capuleti e l Montecchi" 8ellini's operatic vèrsion of the much loved Shakespeare romantic tragedy "Romeo & Juliei" As ever. the main roleg will be taken by young British talent condurted bythe up and corning English maestro. J¢)hn Andrews. Our two fully staged and exclus&vely West Green productions aro Verdi's earfy masterpièce "Macbeth., based on Shakespeare's famous'scottish Play" and 3 rè31 vocal platform ftirthe mostly Welsh cast. followed by"Don Pasquale which showcases Donizetti's comic genius to ihe full. combining a mix of absurd charattèrs and dazzling music. 60th productions are directed and conducted by West Green regulars. Richard Studer and lon Lyness. Continuing our Shakespearian theme and returning by popular demand. Oz aarke and Armcinica offer a truly unique presentation, combining Purcell's 5vblime music frorn 'The Fairy Queeh" with Shakespèare's much loved comedy, "A Msd£ummer Night's Dream". There may even be a Tudorthemed cocktail or two to make it a Night lo remembèr1 In 2025 we also combine forces with the National Opera Studio with two daytime concert5 by the rnost gifted of their students and a chance for our audieace to see the stars of tornorrow. Thartk% to the sponsorshSp of a genertsus sponsor. we hope this partnership will become a fixture In ourjuly caftdar. The jewel in the crown of the Silver AnnNèrsary celebrations is the Opera Gala with the B8C Concert Orchestra and st3rrlng the great Albanian soprano, Ermonela Jaho_ Internationally acclairned by the wodd'5 oper3 press and audience5 alike as today's forèmost and most cèlebrated singing attress. Ivladame J3ho sings in all of the world's great opera houses. Known as a trve chaynpion of enrgIng operatic and mu51C31 talent, she wll be joined by the young 8ntish tenor, Thomas Elwin and conducted by John Andrew5. The evening whll be hosted by Petroc Trelawny and broadcast live by the B8C For the first time and once again unique to West Green. the will be the performance venue5 to choose from in 2025,. the main auéilorium in the Green Theatre for the fully staEed operas and the Silvèr Celebration Gala, the Lakeside Pavilion for 'The Fairy Queen. and the Lake St3gÈ for the Bèllini and thè National Opera Siudio recitals. And of course, the Gardèns and all venues wim be maenificently i1Suminated as night faus. P3gè 5
West Green House Opera Limited (a eompany Ilmlted by guarantee) Report of the Trustees for the Year Ended 30th November 2024 FUYURE PLANS lcontinuedl Finally. we are planning 3 seriès of more inTh"mate 3nd varied fund raising "celebrntion" events throughout the yeac. inclijding an DfEicial London based PrL%S Lounch of the SilverAnniversary Sejson. STRuURE, GOVERNANCE AND MANAGEMEI Governing document The chaty Is controlled by its MemoTrndum and Articles Igoveming documenil and constrtutes a company, limited by guarantee. The charity is run by the trustees listed below. Under the charity's rules the rrmnimum nurnber of trustees that can setve each year is Iwo but (unlèss otherwise determined by ordinary resolutionl shall not be subject to any maximum. The trustees shall be 8ppointed by resolution at a general meeting or by wntten $olution signed by all the trustees. OrganFSational strE¢tture The Board of Trustees is the govering body which administers the Charity. All major decisions are made by the Board which meets rÈgul3rly to discuss and fomiul3tÈ ptsliry and to decide on strateEY. A scheme of delegation is.in place and day to day responsibilities for the affairs of the Charity rests with a Management Team headed by Jane Mossop (Operations Manager), Michael Whalley (Treasurer. assisted by Jane Mossopl and. Andrea Gawr (Marketing. Membership and Fundraisingl. The Operations Manager is 3Lrthorised to lun the day to day affairs of the Charfty and has overall responsibllity (assisted by Michael Whalley and Andrea Gawnl for the financial health of the Charty. Jane M0s50p reports directly tD theTrustpes on substantivè matters re13tin8 to budget and risk mana8èmÈnt. The Main Board of Trv5tee5 a150 ha5 ac$5 to an Advisory Council comprising donors who themsee5 fun successful businesses and who. free of charge. provide the Trustees with commercial advice and commentary a5 well as opening their own homes and busirtesses as a source of hJndraising for the Charity. All final decisions relating to finance5 and budgeting rest with the Chairman, Glenn HUr$Ield, in Consuation WTth his fellow Main Board Trustees. Mic17ael Whalley. Ann Grafton. and rhe owner of West Green House, Marylyn Abbott. The Board is also a5SlSted with all èrtlslic matters by Yvonne Kenny and Marylyn Abbott and by Neil Daykin regarding technical and produrtion matters. Trustee Induttjon and tra5nlng Any new tru5tee5 would upon appointment be ful briefed ar trèined by the existing tommittee and made aware of their responsibilities and duties. Where felt necessary they would be sent to external training courses relevart to their appointment. REFERENCE AND AOMIN15TRAT]VE DETAIL5 Re8iStered Company number 07756429 IEng13nd and Wales) Registered charity number 1148939 Regisiered oflice 2 Oriel Court Omega Park Alton Hampshire GU34 2 Page 6
West Green House Opera Limited (a company limited by guarantee) Report of the Trustees for the Year Ended 30th November 2024 Trustees D Abbott G C Hursttield Ichairmanl M D Wh3llÈy OAM A Grafton REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner D A Sanders BA IHonsl FCA Sheen Stid(land Chanered Accountants 2 Oriel Court Omega Park Alton Hampshire GU34 2YT Banker5 Nat West B3nk plc 176 Fleet Road Fleet Hamsphire GU514DE Solicftors Keystone Lèw 48 Ch3ncery Larhe London WC2A IJF Operations Mznager Jane M0550P This report has been prepared in accordance with the special provisions of Part 15 of the Companies Art 26 relating to Small companies. Approvèd by order of the board of trustees on Il, ]e 2025 and signed on lis behalf by.. G C Hurstfield Trustee Page 7
Independent ExamineT'5 Report to the Trustee5 of West Green House Opera Limited Independent examiner's reprjrt to the trustees of Wesl Gft House Opera Limited l%he Company'} I report to the tharit¥ trusrees on my examination of the accouftis of the Company for the year ended 30th November 2024. Responsibiltties and basis of report As the charity's trustees of the Company Iznd also its directors for the purposes of company lawl you are re5pon5ible for the preparation of the account5 in accordarKe with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audrted under Part 16 of the 2006 Act and are eligible f¢Jr independent e¥amination. I report in respect of my examination uf your charity'5 atcounts as carried out ufider Section 145 ar the Charities Act 2011 I'the 2011 Art'l. In carrying out rny examination I hhve followed the Dirèrtions given by the Charity Commission urmler Section 145151 Ibl of the 2011 Act. Independent examiner's Statement Since your charity's gross income @xceeded E250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institutè of Chartered Accountants in Eng13nd and Wales, whlch is one of the listed bodies. I have completed my examination. I confirm that no matters have cc¢me to my attention in connection with the Èxamination giving me cause to believe". accounting records were not kept in respett of ihe Cofflpany as required by Settion 386 of the 2006 Act., or the accounts do not accord with those records,- or the accounts do not comply with th8 accounting r4uirements of Sertion 396 of the 2006 Act other than anv requirement that the accounts Eive a true and fair view which is not a matter considered as part of an indèpÈndent examination: or the accounts have not been txepared in accordan wth the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing thèir accounts in accordance with the Financial Repoiling Standard applicable in the UK and Republic ol Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. D A S3nders BA (Honsl FCA Sheen Stitkland Chartered Accountants 2 Oriel Court Omega Park Alton Hampshire GU34 2rr 25, June 2025 Page 8
West Green House Opera Ltmited la company Ilmlted by guarantee) Statement of Flnancial Artlvlties Ilncorporating an Income and Expenditure Account} for the Year Ended 30th NOVemr 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund fund Noies INCOME ANO ENDOWMENTS FROM Oonations and legaues 241.927 241.927 361.936 Charttable activities Opera performances 343.303 343,303 450,830 Activities for generating fvnds Inve5trnent income 4,873 4.873 34 172,499 127 Total s.137 590,137 985,392 EXPENDITURE ON Raising funds 7,145 7.145 75,619 Charltablè adtvltiès Opera performances Governance costs 656.292 14,273 656,292 14,273 855.857 12,332 Total 6T/.710 677,710 943,808 NET INCOMEI{EXPENDITURE} 187.5731 187.5731 4L584 RECONCILIATION OF FUNDS Total funds brought fopward 130.765 119.559 250.324 208,740 TOTAL FUNDS CARRIED FORWARD 43,192 119.559 162,751 250.324 The note5 forTh part olthese fsrbancial a(eThents Page 9
West Green House Opera Limited {Registered number. 077564291 (a company limited by guarantee) Balance Sheet 30th November 2024 2024 Total funds 2023 Total funds Unrestricred Restricted fund fund Not FIXEO ASSETS Tangible asset5 13 119,559 119,559 119,559 CURRENTASSETS Oebtors Cash at bank and in hand 14 156,153 12.591 156,153 12.591 259,840 28,516 168,744 168,744 288,356 CREDITORS Amounts falling due within one year Is 1125.552) 1125,5521 1157,5911 NEfcuRREKf ASSErs 43.192 43,192 130,765 TOTAL ASSETS LESS CURRENT LIABILrriES 43,192 119.5S9 162,751 250,324 NET ASSETS/ILIA8ILifiESI 43,192 119,559 162,751 2SO,324 FUNDS Unrestricted funds Restricted funds 17 43,192 119.559 130.765 119.559 TOTAL FUNDS 162.751 250.324 The charitable company is entitled to exemption from audit vnder Settion 477 of the Companies Act 2Crf)6 for the year ended 30th November 2024. The member5 have not required the company to obtsin an audit of its financtal statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Art 2006. Thè trustees acknO¥edge their rèsponsibilities for ensuring that the chartsble company keeps accounting records that Comp with Sections 386 and 387 of the Companies Act 2006 and preparing financial Statements which gi¥e a true and fair view of the State of affair5 of the charitable company as at the eftd of each financial year ond of its surplus or deficit for each financi31 year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financgal statements. so far as appllcable to the charitable tompany. Ibl The notes fom) part of these financial Statements Page 10 contlnued...
West Green House Opera Limiled IRegistered number: 07756429) la tompany Ilmlted by guarantee) Balance Sheet- continued 30th Novèmber 2024 These linancial statements have been prep3red in aicordhnce with the provisions applicable to charitsble companies subject to the small companies regime. The financial Statements were approved by the Board of Trustees a)d authorised for Issue on 11 June 2025 and were signed on its behalf by.. G C Hur5tfield- Trustee The notes foim part of these financial statements Page 11
West Green House Opera Limited {a tompafty limited by guarantee) Cash Flow Statement for the Year Ended 30th November 2024 2024 2023 Notes Cash flows from operating artivities Cash generated from operations 115,9591 24,837 Nèt cash (usèd inl/provided by operating attivitrÈs 115.9591 24.837 Cash flows from Investlng al¥ltIeS Purchase of tangible fixed assets Interest received 127,8111 127 Net cash provided byllused In) investlng activlties 127,6841 Chartge in cash and czsh equTrvalents in the reportin8 period Cash and cash equl¥alenisat the beginnSng of the reportlng perlod 115,9251 12,8471 28.516 31,363 Cash and cash equl¥alents at ihe end of the reporting period 12.591 28,516 The notes form part of these financial 5talements Paee 12
West Green House Opera Limited la company limited by guarantee) Notes to the Cash Flow Ststement lor the Year Ended 30th November 2024 RECONCILIATION OF NET IEXPENDrruRE)IINCOME TO CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net lexpenditure}fincome for Qhe rept.E perlod {as per Ihe Statement of Financial Adivitiesl Adjustmentsfor: Dèpreci3t*on charges Interest received Oecrease/lincreasel in debtors IDecre2sel/incr&3se in creditors 187,5731 41,584 477 11271 189,5971 72,500 1341 103,687 132,0391 Net tash lused rnllprovided byoperations 115.9591 24,837 ANALYSIS OF CHANGES IN NET DEBT At 1.12.23 Cash flow At 30.11.24 Net cash Cash at bank and ift hand 28.516 115,9251 12.591 28.516 115.9251 12,591 Dèbt Debt5 falling due within l year 1100,woi 80,CQO 120.0001 iioo,Imi 80,000 120.0001 Total 171.4841 64.075 17,4091 The notes form part ot these financial statements Page 13
West Green House Opera Limited (a tompany Ilmlted by guarantee) Notès to the Flnancial Statements for the Year Ended 30th November 2024 ACCOUNTING POUCIES Basls of prèparing the ftnancial statements The financial statements of the chantable company which 15 a public benefit entity Under FR5 102, have been prepar£d in accordance wrih 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ch3ritiÈs preparing their accounts in accoidance vmth the Finantial Reportin8 Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1st January 20191- (charities SORP IFEIS 10211,, The Flnanclal Reportlng Standard applicabjè in the UK and Republic of Ireland IFRS1021'. the Charities Act 2011 and the Companies Art 2(MJ6. The financial ststements have been prepared under the historical cost convention. The financial statements have been prepared on the going concem basis as the trustees have confirmed that they will continLte to support the chartty f the foreseeable future. Income All income 15 recognised in the Statement of Financial ALtivities On the charity has entitlement to the fvnds. It Is probable that the income wll be received aNJ the amount can be measvred reliably. C>onatiun5 are accounted for a5 incoffle eiiher when rKeived or if conditions are attached to the donation then when those tondition5 have bèert fulfilled. tk)natx¥ns received from patron5 and friends in respect of thèir membership are treated as income ofthe period to which the membership relares. Legacies are accounted for as rncome wherb the reIpt of the legary 15 probable and when the arnount receivable can be reli3bly determined. Government grarts towards expenditure a accounted for a5 income when the expenditure to which the grant relate5 ha5 been incurred. Expendlture Liab51ities are recognised as expenditure as soon as there is a legal or constnjctive tsbligation tommrttlng the chanty to that expenditure, It is probable that a transfer of economic benefrts will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aERreEate all cost related io the category. Wherè costs cannot be directly attrlbuted to partlcular hèadings they have been allocated to attivities on a basis consistent with the Use ot re50urces_ Tan8ibEe fixed assets Depreciation is provided at the following annual rates in order to write off èach asset over its estimatèd useful Improvements to propertv Equipment 20% on cost 25% on cost Individual fixed assets costing £l.COQ or MO are capitslised at lost. Expenses have been incurred in connection with ihe proposed consiruction of a clemountable stage at West Green Htsuse. These expenses hève been treated as improvements to property but not be depreciated until such time a5 the stage is brought into use. Taxailon The charity is exempt from corporati( Tax on its charitsble activities. Page 14 continued...
West Green House Opera Limited (a company Ilmlted by guarantee) Notes to the Flnantial Statements . continued for the Year Ended 30th November 2024 ACCOUNTING POUaES- wnlthued Taxation The charity is claiming Theatre Tax Reliet in respect of its operaric perfom)ances. This is accounted for on a receivzble basis. Fund accounting Unrestricted funds can be used in accor(J3nce with the chartrable obleclives at the discretion of the trusteÈs. Restricted funds ran only be used for particular restricted purposes w*thin the objects of the charity. Restrictions arise when speCifd by the donor or when funds are raised foi particular restricted purpose5. DONATIONS AND LEGACIES 2024 2023 Denations and lègaciès Gift Aid 207,194 34,733 323,149 38.787 241,927 361.936 A1vr[lES FOR GENERATING FUP4D5 2024 2023 Fundraising activities Royatties and commrssion 4.750 123 172,031 4,873 172,499 INVESTMENfiNCOME 2024 2023 Deposrt account interèst 34 127 PaEe 15 continued...
Wèst Green House Opera Limited (a Company limtted by guarantee) Notes to the Flnancial Statements- coiitinued for the Year Ended 30th November 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 AttNIty Tickets ènd other income frDm opera perfomiances Theatre Tax Relief Opera prmanceS Opera performances 190,907 152,396 214,514 236,316 343,303 450,830 RAISING FUNDS Other trading artivitses 2024 2023 Fijndraising trading and other costs 7,145 75,619 CHARtTABLE ACTivrtlES COSTS Expenses of opera perforrnances £656,292 12023 - £855.8571 represenis the direct costs of the opera pe(formantes (including advertising and public relations expensesl of £578,99312023 £777,815). rent and seNice charges payable to West Green House b"mited of £36,0(KJ 12023 - £36,0001 and support costs. Including wagès. insurance. computer running costs, telephone costs, bank chèrge5, ticketin8 commi55ion. sundry expenses and depreciation of tangible fixed assets of £41,29912023- £42.0421_ SUPPORT COSTS Governance costs Govem3nce costs 14,273 NET INCOMEI{EXPENDITUREJ Net inccTrme/lexpenditurel is staled after chargingllcreditingl- 2024 2023 DepreciatiOF) owned assets Payment to independent examiner Other aecountancy feès 477 2,120 5.252 2.350 6,323 Page 16 continued...
West Green House Opera Livnited (a company limited by guarantee} Note5 to the Financial Staternent5- continued for the YeaT Ended 30th November 2024 io. TRUSTEES. REMUNERATION AND BENEFrrs There weie no trustees, remuneration or other benefits for the year ended 30th 14ovember 2024 nor for the year ended 30th November 2023. Trustees, expenses During the year a total uf £Nil 12023= E4291 was paid to no12023= 11 trustees in SpeCt of reimbursement of payrThentS WFbade on behalf of the charttv. li. STAFF COSTS 2024 2023 Wages anLI 531arie5 24,255 24,600 24,255 24.600 The avera8e monthly number of employee5 duri the year w35 a5 follows.. 2024 2023 Management and administration No employees received emoluments in excess of £60,CMXI. COMPARATIVES FOR THE STATEMENTOF FIP4ANCIAL ACTVIITIE5 Unrestricted Restricted fund fund Total funds INCOME AND ENDOWMEIUS FROM Donations and legacies 361.936 361.936 Charitable activities Opera performances 450,830 450.830 Activities for generating funds Investmenl income 172.499 127 172,499 127 Total 985.392 985,392 EXPENDITURE ON Raising funds 75,619 75,619 Charitable actiVTties Opera performances Governance costs 855.857 12.332 855.857 12.332 Total 943808 943,808 NET INCOME 41,584 41.584 Page 17 continued...
West Green House Opera Limited {a company Ilmlted by guarantee) Notes to the Flnancial Statements- continued for the Year Ended 30th Novembèr 2024 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted fund fund Total funds Transfers between funds 88.554 188.5541 Net movèmént In funds 130.138 188.5541 41.584 RECONCILIATION OF FUNDS Total funds brought forward 627 208,113 208,740 TOTAL FUNDS CARRIED FORWARD 130,765 119,559 250,324 13. TANGIBLE FIXED ASSErs Improvements to property Equipment Totals COST At 1st Decernber 2023 and 30th November 2024 201,109 2,993 204,102 DEPREaATION At 1st December 2023 and 30th November 2024 81,550 2,993 84.543 NE[ BOOK VALUE At 30ih November 2024 119,559 119,559 At 30th Novembec 2023 119.559 119.559 14. DEBTORS: AfvtOUNTS FALLING DUE WETHIN ONE YEAR 2024 2023 Trade debtors Theatre Tax Relief Prepayments and accrued tncome 2,977 152,396 780 9,159 236,316 14,365 156,153 259,840 Page 18 continueil...
West Green House Opera Limited la company limited by guarantee) Note5 to the Financial Statements- continued for the Year Ended 30th November 2024 15, CREDtTORS: AMOUTrtrs FALUNG DUE wrrHJN ONE YEAR 2024 2023 Other loans Isee note 161 Trade creditors Accruals and deferred income 20,000 36,752 68,800 I.000 12.626 44,965 125,552 157,591 16. LOANS An analysis of the maturity of loans is given below= 2024 2023 Amounts falling due within tsne year tsn dervand.. Other loans 20,LI loo,000 17. MOVEMENT IN FUNDS Net At 1.12.23 movement in funds At 30.11.24 Unrestrirted funds General Furid 130,765 187,5731 43,192 Restrlcted funds New Theatre Fund 119.559 119,559 TOTAL FUNDS 250,324 187.5731 162,751 Net movement in funds, included in the above are as follows-. Incoming fesources Resources expended Movement in funds Unrestricted fund5 General Fund 590,137 1677,7101 187.5731 TOTAL FUNDS s.137 1677,7101 187.5731 Page 19 tontinuéd...
We$t Green House Opera Limited (a company limited by guarantee) Notes to the Financial Statements- contiMd for the Year Ended 30th November 2024 17. MOVEMENT IN FUNDS-continued Comparatl¥es for m¢)vement Infunds Net movement in funds Transfers between funds At 1.12.22 At 30.11.23 Unrestricted funds General Fund 627 41.584 88,554 130.765 Restricted funds New ThÈ3tre FLtnd 208,113 188,5541 119,559 TOTAL FUNDS 208,740 41.584 250,324 Comparative ner movemènt in funds, induded in thè abovÈ are as follows.. Incoming resources Resources expended Movement in funds Unrestrirted funds Genèral Fund 985.392 1943.8081 41,584 TOTAL FUND5 985.392 1943.8081 4L584 With the agreeTnent of the donors, the balance of the New Theatre Furkd vR5 transferred to the General Fund during the year ended 30th November 2023. remaining balance on the New Theatre Fund represent5 expenditure on preparatory works for the new theatre. RELATED PARTY DISCLOSURES The opera performances and the tharitrfs administrative functions are ca¥Tied out from West Green Hguse where facllities are shared with West Green House Limtted, a company of which Marylyn Abbott la trustee) 15 the 501e director and shareholder. £36,CKIO12023 - £36.(N)01 vfis paid in the yeai to West Green House Lsmited in respect o rent and service ch3r8es. £2,47012023 - £2201 was paid to West Green House knmited in respect of other expenses in connection with the opera perForm3nces. During the year the charity received income from West Grèen HDUSÈ Limited of ENil12023- £1.7901 in respett of picnic commission. During the year the charity received royalties of £12312023 - £4681 from GP & J Bakèr Limited a company of which Ann Gr3fton la trustee of the charity) is a director. GP & J eaker also purchased an advertisement for £2,56212023 - £2,5CQI. Ouring the year total donations of £41.140 12023 - £1.3501 were received frorn the trustees. No restrictlDns were placed on these donations. Page 20 continued...
West Green House Opera Limited (a company Ilmlted by guarantee) Notes to the Flnanclal Statements- contlmi for the Year Ended 30th November 2024 19. SHARE CAprrAL The charitable company is a private company limited by guarantee ar*d consequently does not have a share capital. Each of the member5 Is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of there bein8 a deficiency on a windin8 UP. Page 21
West Green House Opera Limtted (a company limited by guarantee) Detailed SLitemerrt of nanCIal Activities for the Year Ended 30th November 2024 2024 2023 INCOME ANO ENC)OWMEKrs Donations and legacies Donations and legacies Gift Aid 207.194 34.733 323.149 38,787 241,927 361,936 Acttwties lor generating funds Fundraising activities Royalties and commission 4.750 123 172,031 468 4,873 172,499 Investmeni Income Deposlt accotjnt iyTtere5t 34 127 Charitable artivitie5 Tickets and other inctrme from opera performances Theatre Tax Relief 190,907 152,396 214.514 236,316 343,303 450,830 Total incomin8 resources s),137 985,392 EXPENDITURE Other trading activities Fundraising trading and other costs 7.145 75.619 Charitable activities Wages Dlrect expenses of opera pertormances Rent and Service charge5 Insurante Telephone Postagè and stationèry Advertising, printing and artwork Marketing and public relations licketin8 commission Bank charges Depreciation of office equipment 24,255 560.736 36.000 1,443 611 1.018 15.669 2.588 5,463 8,509 24.6tK) 758,183 36.0(MJ 1,469 1.448 18,356 1.276 5,856 7,644 477 656,292 855.857 This page does not forni part ofthe statutoryfinancial stalernents Pa6e 22
West Green House Opera Llmlted la company Ilmlted by guarantee) Detailed Statement of Financi31 Artivitie5 for the Year Ended 30th November2024 2024 2023 Support costs Governance costs Accouniancy fees Legal and professional tees 8,673 5.600 7,372 4.960 14,273 12,332 Total resources expended 677,710 943,808 Net lexpenditureifincome 187.5731 41.584 Thi5 page does not fomi part of the statutory financial statements Page 23