REGISTERED COMPANY NUMBER: CE003816(England and Wales)
REGISTERED CHARITY NUMBER: 1161097
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 April 2021
for
Romsey Amateur Operatic and
Dramatic Society
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
Romsey Amateur Operatic and
Dramatic Society
Contents of the Financial Statements
for the Year Ended 30 April 2021
|
Page |
Report of the Trustees |
1 |
Independent Examiner's Report |
2 |
Statement of Financial Activities |
3 |
Balance Sheet |
4 to 5 |
Notes to the Financial Statements |
6 to 10 |
Detailed Statement of Financial Activities |
11 to 12 |
Romsey Amateur Operatic and
Dramatic Society
Report of the Trustees
for the Year Ended 30 April 2021
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report
withthefinancialstatementsofthecharityfortheyearended30April2021.Thetrusteeshaveadopted the
provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of
Ireland (FRS 102) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
Key management remuneration
No members of the key management personnel were paid remuneration during the year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
CE003816 (England and Wales)
Registered Charity number
1161097
Registered office
Trustees
Trustees |
|
A Rimmer |
Chair |
P Moore |
Trustee |
Miss F Strange |
Trustee |
W Baggs |
Trustee |
Mrs R Birkett-Mills |
Trustee |
C Moses |
Trustee |
T Smythe-Wright |
Trustee |
B Young |
Trustee |
Mrs C Backhurst |
Trustee |
Mrs S Mitchell |
Trustee |
Ms S Kerrell |
Trustee |
Independent examiner
David Jerram
FFA/FIPA FFTA
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................
Trustee
Page 1
Independent Examiner's Report to the Trustees of
Romsey Amateur Operatic and
Dramatic Society
Independent examiner's report to the trustees of Romsey Amateur Operatic and Dramatic Society ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
Responsibilities and basis of report
As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw) youare responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe 2006
Actandareeligibleforindependentexamination,I reportinrespectof my examinationof yourcharity'saccounts as
carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have
followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached
David Jerram
FFA/FIPA FFTA
Jerram Surlis Limited
4 Latimer Street
Romsey
Hampshire
SO51 8DG
Date: .............................................
Page 2
Romsey Amateur Operatic and
Dramatic Society
Statement of Financial Activities
for the Year Ended 30 April 2021
Unrestricted
Restricted
funds
fund
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
32,786
-
Charitable activities
Internal shows
2,784
-
External services - Outside bookings
-
-
External services - costume hire
675
-
Bar and Kiosk
1,685
-
Subscriptions
-
-
Other trading activities
2
10,261
-
Other income
25,026
-
Total
73,217
-
EXPENDITURE ON
Charitable activities
Internal shows
27,882
-
External services - Outside bookings
-
-
External services - costume hire
6,623
-
Bar and Kiosk
16,875
-
Subscriptions
5,970
-
Total
57,350
-
NET INCOME
15,867
-
RECONCILIATION OF FUNDS
Total funds brought forward
964,871
-
TOTAL FUNDS CARRIED FORWARD
980,738
- |
2021
Total
funds
£
32,786
2,784
-
675
1,685
-
10,261
25,026
73,217
27,882
-
6,623
16,875
5,970
57,350
15,867
964,871
980,738 |
2020
Total
funds
£
16,474
88,047
77,110
200
34,052
7,150
10,390
4,397 |
|
|
237,820
83,866
58,144
63
27,152
2,428 |
|
|
171,653 |
|
|
66,167
898,704 |
|
|
964,871 |
The notes form part of these financial statements
Page 3
Romsey Amateur Operatic and
Dramatic Society
Balance Sheet
At 30 April 2021
Unrestricted
Restricted
funds
fund
Notes
£
£
FIXED ASSETS
Tangible assets
6
820,666
-
CURRENT ASSETS
Stocks
7
-
-
Debtors
8
-
-
Cash at bank and in hand
160,072
-
160,072
-
CREDITORS
Amounts falling due within one year
9
-
-
NET CURRENT ASSETS
160,072
-
TOTAL ASSETS LESS CURRENT LIABILITIES
980,738
-
NET ASSETS
980,738
-
FUNDS
10
Unrestricted funds
TOTAL FUNDS |
2021
Total
funds
£
820,666
-
-
160,072
160,072
-
160,072
980,738
980,738
980,738
980,738 |
2020
Total
funds
£
824,607
1,297
14,190
126,009
141,496
(1,232)
140,264
964,871
964,871
964,871
964,871 |
|
|
|
The notes form part of these financial statements
continued...
Page 4
Romsey Amateur Operatic and
Dramatic Society
Balance Sheet - continued
At 30 April 2021
The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year
ended 30 April 2021.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial 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 financial statements, so far as applicable to the charitable company.
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies
subject to the small companies regime.
The financialstatementswere approvedbytheBoardof Trusteeson.............................................andwere signed on
its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 5
Romsey Amateur Operatic and
Dramatic Society
Notes to the Financial Statements
for the Year Ended 30 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement
ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2015)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andthe amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
Tangible fixed assets and depreciation
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
Fixedassetsarestatedatcostorvaluationlessdepreciation.depreciationisprovidedatratescalculated to
writeoffthecostorvaluationlessestimatedresidualvalueofeachassetoveritsexpectedusefullife as
follows:
Plaza building and improvements 1% straight line
Stage and lighting 15% straight line
Plant and equipment 25% straight line
Stocks
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
Page 6
Romsey Amateur Operatic and
Dramatic Society
Notes to the Financial Statements - continued
for the Year Ended 30 April 2021
2. OTHER TRADING ACTIVITIES
Car parking income
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets |
2021
£
10,261
2021
£
6,096 |
2020
£
10,390 |
|
|
2020
£
6,075 |
3. NET INCOME/(EXPENDITURE)
4. TRUSTEES' REMUNERATION AND BENEFITS
Nomemberofthemanagementcommitteenoranypersonconnectedwiththem,hasreceivedorisdue to
receive any remuneration from the charity's funds.
Trustees' expenses
Duringthe year9 (2020:6)trusteeswere reimbursedexpensesof £5,602(2020:£9,750)incurredon behalf of
the charity.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
16,474
-
Charitable activities
Internal shows
88,047
-
External services - Outside bookings
77,110
-
External services - costume hire
200
-
Bar and Kiosk
34,052
-
Subscriptions
7,150
-
Other trading activities
10,390
-
Other income
4,397
-
Total
237,820
-
EXPENDITURE ON
Charitable activities
Internal shows
83,866
-
External services - Outside bookings
58,144
-
External services - costume hire
63
-
Bar and Kiosk
27,152
-
Subscriptions
2,428
-
Total
171,653
- |
Total
funds
£
16,474
88,047
77,110
200
34,052
7,150
10,390
4,397 |
|
237,820
83,866
58,144
63
27,152
2,428 |
|
171,653 |
Page 7
Romsey Amateur Operatic and
Dramatic Society
Notes to the Financial Statements - continued
for the Year Ended 30 April 2021
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
fund
£
£
NET INCOME
66,167
-
RECONCILIATION OF FUNDS
Total funds brought forward
898,704
-
TOTAL FUNDS CARRIED FORWARD
964,871
-
6.
TANGIBLE FIXED ASSETS
Plaza building
&
Stage &
Plant &
improvements
lighting
equipment
£
£
£
COST
At 1 May 2020
838,993
20,848
7,326
Additions
2,155
-
-
At 30 April 2021
841,148
20,848
7,326
DEPRECIATION
At 1 May 2020
27,697
9,756
5,107
Charge for year
1,138
3,127
1,831
At 30 April 2021
28,835
12,883
6,938
NET BOOK VALUE
At 30 April 2021
812,313
7,965
388
At 30 April 2020
811,296
11,092
2,219
7.
STOCKS
2021
£
Stocks
-
8.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
£
Trade debtors
- |
Total
funds
£ |
Total
funds
£ |
|
66,167
898,704 |
|
|
964,871 |
|
|
Totals
£
867,167
2,155 |
|
|
869,322 |
|
|
42,560
6,096 |
|
|
48,656 |
|
|
820,666 |
|
|
824,607 |
|
|
2020
£
1,297
2020
£
14,190 |
2020
£
1,297 |
Page 8
Romsey Amateur Operatic and
Dramatic Society
Notes to the Financial Statements - continued
for the Year Ended 30 April 2021
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|
2021 |
2020 |
|
£ |
£ |
Trade creditors |
- |
1,232 |
10. MOVEMENT IN FUNDS
Unrestricted funds
General fund
Capital reserve fund
TOTAL FUNDS
Net movement in funds, included in the above are as
Unrestricted funds
General fund
Capital reserve fund
TOTAL FUNDS |
Net
Transfers
movement in
between
At 1.5.20
funds
funds
At 30.4.21
£
£
£
£
140,264
21,963
(2,154)
160,073
824,607
(6,096)
2,154
820,665
964,871
15,867
-
980,738
964,871
15,867
-
980,738
follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
73,217
(51,254)
21,963
-
(6,096)
(6,096
73,217
(57,350)
15,867
73,217
(57,350)
15,867 |
Net
Transfers
movement in
between
At 1.5.20
funds
funds
At 30.4.21
£
£
£
£
140,264
21,963
(2,154)
160,073
824,607
(6,096)
2,154
820,665
964,871
15,867
-
980,738
964,871
15,867
-
980,738
follows:
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
73,217
(51,254)
21,963
-
(6,096)
(6,096
73,217
(57,350)
15,867
73,217
(57,350)
15,867 |
|
|
15,867 |
|
|
15,867 |
Comparatives for movement in funds
Unrestricted Funds
General fund
Capital reserve fund
TOTAL FUNDS |
Net
Transfers
movement in
between
At 1.5.19
funds
funds
At 30.4.20
£
£
£
£
129,740
72,242
(61,718)
140,264
768,964
(6,075)
61,718
824,607
898,704
66,167
-
964,871
898,704
66,167
-
964,871 |
Net
Transfers
movement in
between
At 1.5.19
funds
funds
At 30.4.20
£
£
£
£
129,740
72,242
(61,718)
140,264
768,964
(6,075)
61,718
824,607
898,704
66,167
-
964,871
898,704
66,167
-
964,871 |
|
|
140,264 |
|
|
824,607 |
|
|
|
|
|
|
|
|
964,871 |
|
|
|
|
|
|
|
|
|
|
|
964,871 |
|
|
|
Page 9
Romsey Amateur Operatic and
Dramatic Society
Notes to the Financial Statements - continued
for the Year Ended 30 April 2021
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
|
Incoming |
Resources |
Movement in |
|
resources |
expended |
funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
237,820 |
(165,578) |
72,242 |
Capital reserve fund |
- |
(6,075) |
(6,075) |
|
237,820 |
(171,653) |
66,167 |
TOTAL FUNDS |
237,820 |
(171,653) |
66,167 |
|
|
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Capital reserve fund
TOTAL FUNDS |
Net
movement in
At 1.5.19
funds
£
£
129,740
94,205
768,964
(12,171)
898,704
82,034 |
Transfers
between
funds
£
(63,872)
63,872
- |
At 30.4.21
£
160,073
820,665 |
|
|
|
980,738 |
A currentyear12 monthsandprioryear12 monthscombinednetmovementinfunds,includedinthe above
are as follows:
|
Incoming |
Resources |
Movement in |
|
resources |
expended |
funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
311,037 |
(216,832) |
94,205 |
Capital reserve fund |
- |
(12,171) |
(12,171) |
|
311,037 |
(229,003) |
82,034 |
TOTAL FUNDS |
311,037 |
(229,003) |
82,034 |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2021.
Page 10
Romsey Amateur Operatic and
Dramatic Society
Detailed Statement of Financial Activities
for the Year Ended 30 April 2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grant
Other trading activities
Car parking income
Charitable activities
Theatre income and subscriptions
Other income
Interest received
Miscellaneous income
Insurance claim
Total incoming resources
EXPENDITURE
Charitable activities
Direct costs
Insurance
Light and heat
Telephone
Administration, advertising and publicity
General expenses
Backstage, maintenance and workshop expenses
Book keeping
Cleaning
Bank charges
Credit card charges
Licenses and subscriptions
Staff training
Book keeping and accountancy
Depreciation of tangible fixed assets
Total resources expended |
2021
£
21,328
11,458
32,786
10,261
5,144
763
2,463
21,800
25,026
73,217
2,228
7,021
4,532
636
908
1,819
23,854
-
578
65
899
3,746
48
4,920
6,096
57,350
57,350 |
2020
£
6,474
10,000 |
|
|
16,474
10,390
206,559
1,203
3,194
- |
|
|
4,397 |
|
|
237,820
93,742
7,253
7,834
541
6,573
2,695
27,357
1,000
6,280
220
1,180
8,443
-
2,460
6,075 |
|
|
171,653 |
|
|
171,653 |
This page does not form part of the statutory financial statements
Page 11
Romsey Amateur Operatic and
Dramatic Society
Detailed Statement of Financial Activities
for the Year Ended 30 April 2021
Net income
This page does not form part of the statutory financial statements
Page 12