SOUTh MANCHESTER AOS REGISTERED CHARtrY NUMBER 1162025 R•port8 and Aceount8 For th• ygar ènded 31 D•c•mb•r 2023
SOUTH MANCHESTER AOS TRUSTEES, REPORT FOH THE YEAR ENOED 31 DECEMBER 2023 LEGAL AND ADMINISTRATIVE INFORMATION STATUS:. The charity fs an unInco10raled associatfon and È govomed by the constrtutbn and ru18s of SoLrth ManC*ster AOS. It ks registered with the charity commissM)n aThJ its regislralion numb8r Is 1162025. re were 77 current MberS ol Ihe socw as of 31 December 2023. TrUSTEES:. Th6 chanty trnstees arxj ollicers durirg th8 y8ar wer8:. Gtenys Martln Kevin Proctor Tom Famworth Andrew WLNichola8 Susan Ellis Kallum Edwards Philippa Shellard Clar& Cooper Marshall Alex Re Ross Hardman Holly Ireland Sarah Gallagher Nadine Arditti ISignad 26m January 20231 Rosanna Bame8 {iesh3ned 26th January 2023} Preslderrt Chair - V8 Chair Tfeastsrer - seCtary CHAArrY REGISTERED OFFICE:. 25 Lakeside Rise Manchester 8QE CHARITY REHEARSAL VENUE:. Easi Didsbury Vethodisl Church Parrs Wood Fload Manche8ter 05QQ BANKERS:. HSBC Bank plc MANCHESTER.UNIVERSITY 34&350 OxfoMI Road Manchester M139NG
SOUTH MANCHESTER AOS TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 (Contlnu•dl INVESTMENT POWERS The ¢harrtyS PK)wers 01 investmenl are govemed by its constitutn. PRINCIPAL OBJECTIVES The objects of Society are 10 Oducate the publt in the drarnat or operatr arts and to furthar the deveknpffrrt of public appreciation of the sald arts, aNI to support financially or otheiSe such Cha1Ftab Initution. lnstiiuiior, purpose or pu0885 as the SoCty through its gOra1 committee shall determino from ttme io tim. In ordgr lo furthor ils objects, the SoCty has adopted the poliw of stagirrfj at ast one production each year. drawn from established repertoire of light opera, parrtomim8 and mus81 shows. PUBLIC BENEFIT In shaping the obiectives lor the year aml planning aclNities, the truslees have consKlered the Charity Commi5sK)n guidance on publiG benelrt, includirg Ihe guidan( on public benelils arKJ f88 charglng. The soClY relies on grants and the income from18es and charges to COV8r Its costs. In setting IhB bvel ol lees. charges and concessions, Its trustees glve car8lul consideration to tha accessIllty 01 th8 SOC$ productio lor those on low Incomes. The strategles empbyed lo achl8ve th8 charttys aims and objectlves Fr1&.. Pr8senling a broad range ol Iheair8 produciions Provkling lac11rt aiKI opportunttth for a broad raNJe ol people to get Involved in lh8 arts actlvty. POLICIES R18k monaggmont Tha Iruslg8$ have assessed the maK)r to whkh the charty B exposed, in particular t88 related lo th operations and finae ol the society and are salisfth Ihal systems are In plac8 lo mf(igate Iheir exposure lo major rfsks. HOTV•8 poll¢y tt is the policy of the charity to mainla5n unrestricted funds. which are freè reserves ol the charity. al a level between £15,LYJO ano £19.000 belng the approximate costs to produ a show. Thr& en8ures there should always be suf118rrt working pital to put on a show Stuld it generate no adVae revenue. Aeserves as 0131st Decentjer 2023 were w¢thln the required18vel. Invostmont pollcy Irustees have consKlered th8 mst appropriate polw for inv881ing furKls aThJ hav8 foutKI Ihal a buihJir(J sodety or bank deposit account meets Iheir requirements at Ihis timè. ORGANISATION chaiity operatiorts are condled by the Iwsi88S. ACTIVITIES During the year ended 31 Dernbel 2023 the charity staged three prOdtIOnS, 'Gypsy, 'Avenu8 Q. arKI 'Snow Whtto. as well as taking part in the annual Showcase produclK)n al The Lowry theatre with oth8r local thgalre groups lo raise lunds for'Magg48'S'. In an gffort lo mitigate Ihe cost ot prod1ng a targe-scale nKtsical each yearthe tre@S commrtted to a two-yeartrial of smal1 scale product6 al Attrincham Litt18 Theaire. The lit of whh was 'Little Women, Tha Musical, which made a smaller loss than anticipated, followed by 'Avenue Q, this year whlch resulted In a profil.
SOUTH MANCHESTER AOS TRUSTEESI REPORT FOR TME YEAR ENDED 31 DECEMBER 2023 (Continu•d) As a result of the two year trial, th8 Iruslegs hava agroed to conlinug proaucing smallar scalg musical prOdtIOnS at Altrincham Litt Theatre lo enabkq us to bring a w%Jer ¢hOe ol prOdtionS to the public whKh wouldn't woth al Z-arts Thealre as well as providiThJ luThJs lowards the ultimate loss ol the larger scale mustcal. During the year the tntslees purcha8ed some new IkJhtlrg. salely helThts and tools kits whh ware partly funded by donalK)ns. Th8 sociaty generaled a bss for the ar of £9,844, partty due to th8 d¥) in l*k6t sales lor'Gypsy' as a resutt 01 th8 InCaSed cost ol Ilving and th8 Incr8aseO costs ol lakirKJ on a storage unit. Th& end of the year finished wllh our traditional pantomime whrh was thé best selling in our short history ot producing pantomimes and had a number ot sell oul performances which gives the trustees reassurance thal allenCeS are retuming the tatre9 again. Looknng 10 th8 future, th8 ttustees are k)oking lo lake on a bullding to brlng storag6 aThJ roh8arsal facllilles togetr, wrth space tor swal events and enabl8 us lo have a base lo build sets, make co4umas and props. Initlal £40.1)1)O has b88n sel a81de for this and the trustees ar8 looking Irrto grants to brlThJ this up lo £150.000. TRU8TEE8' RESPONSIBILITIES Th8 purF¥)se ol thls slalom8nl is lo distingulsh the Iruslees, r88porlbIIrt1es for the accounts. The Charrtles Act r8qulr8s the trust885 io keep proper bwks of accouni wlth respect to affalrs ol thè charfty and lo prepar8 a statement of account lor each accountirg period conslsling ol an Income aiKI eXpeIllure account and a balance sheet. The trustees are al r8spOnsib for saleguarOirKJ th8 chaiity's assets. a1 h8nce for taking reasonabb steps IOF the prev&nlion arKI detection of error, fraud and othgr irr¢gularitl6s. In prepari Ihe accounts Its Irustees are excled to.. Select suitable accounting poltles aNJ then apply them con8iStèntly, maklr¥J Igents a1 estlrnales that ara reasonablè aThJ plant,. tolh)w the TeIMmoa1knnS ol the Charity Commission and ol tha accounting prolessTron with r8gar(I lo lorm arKI content of th& accounts. or to dse and expialn any departures there Irom,. a1 prnpare th? accounts on the golng concem basis unless Tt ts inappropriate to a8suTh that the charity will be abl810 ntlnue to meet Ils objectives. INDEPENDENT EXAMINERS Mrs V Bullar has intimated her willlngness to o)ntinue In off w as Independent éxaminer to th8 charity afKJ will be proposed lor re-apwlntfftsnt in accordar wilh th8 constitution and rules of the socply. By order ot the trustees AThJrew NiCholaS Treasurer Approveo ty tts Iru&ees:
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SOUTN MANCHESTER AOS l port on aco)unts of South Marth8Ster AOS, lor the year 8ThJed 31 December 2023, whth ar8 sel out on the followlNJ pag88. R•8po¢llv• re8pon8lbllftlo8 ollru•leo8 and •MmlMr As t charity's tru51ees you are responslble lor th8 pr8parallon ol the accounts. The charity's trustèès &Jnsider that an alxjit is not required for this year (under 14412) of the GharMi86 Ad 2011 (Its 2011 Act)) and that an Independ8nt examination WJ requirod. HavlNJ satlstred mysell that the charty is Th)t subct to aLxlil uThler conwany law and Is elkjlble f(K ItWrKient examinatron, it is my rèsponsibility to.. 8xamine the accounts under Seclion 145 of 2011 Act lo follow Ihe procedures lald down In the Gon8ral Dlrections glven by th8 Charlly Gommls81on (uThJgr SethM)n 145151(b} ol th8 2011 Act),. arKI lo sla18 whether partlcuiar matters have come to my attentM)n. Ba818 ol Ind•p•nd•nt •xamln•rf• r•port examination was carrled out In aCcOrdae wkh the General Directions given by thè Charity Commission8rs. An examlnalDn I1leS a reVW of the accountlng records kept by charlty and a comparison ol Its accounls PTe3enled wlth those records. It also includes consKleration of ary UnUal ilems or disclosures in the a(unIS aThJ seekirg explanations from you as Illtee$ concernlng any such rnatte. The predureS undertak8n do not provlde all the evid8nc8 that would be required in an audit, a1 consequently I do not express an aJit oplnK)n on the view gfven by t1 account Ind•p•nd•nt •xAmln•r'• •tst•m•nt In eonnedion w5th my 8xaminalK)n, no matt8r has corrB to attentn.. <1) whlch glves me reasonabl8 cause to belleye that in any material r8sp6Ct the wuirem8nts lo keep aoUntirg records in accordan with section 130 01 th8 2011 Acl., a1 lo prepare accourrts whh ard wllh t1 acCourflj records and to comply wRh the accounllng requiremerrts ol the 2011 Act havg not been met; or {2) to whlch. in rny opinion, attentn $Uld be drawn in order lo enabb a pp&r understandiThJ ot lh8 accounts to be ached. Mrs V Bullar 41 Priestna51 Road Heaton hlersey StockF)Ort SK4 3HW
SOLTfH MANCHESTER AOS INCOfvE AND EXPENDITURE ACCOUNT YEAR ENDED 31 DEmBER 2023 2023 2022 INCOME Charitable Activities Subscriptions rk)natnS GtftA Intem81 Convnis8lon Other Tr8dlng Acllvftias TOTAL INCOME NOTES 34.602 5.100 6,671 3.611 120 33.552 4.960 51,538 2,195 86 51A71 93,537 EXPENDITURE Charitable AdNitio$ Other Depreclation 54,008 5,090 2.217 49,913 3,170 2,405 61,315 55,488 SURPLUS FOR THE YEAR 19144) 38,049
BALAN SHEET YEAR ENDED 31 DECEMBER 2023 2023 2022 NOTES FIXED ASSErs Tangibl8 Ass8ts 6,444 7,975 CURRENT ASSETS Cash at 8ank and In Hand Cash at Bank- Re51ricled FundB Cash al Bank - Buildlng Funds Debtors PTrpayment8 28,243 36,228 40,000 40,000 71.682 79.995 CURRENT LIABILMES Creditors and Accruals NET CURRENT ASSETS 71.682 79,995 NET A55Ers 78.126 87,970 REPRESENTED BY: ACCUPAULATED FUND Balanc8 as al 1 January 2023 Surplusl<Deficlt) for th8 year 87.970 19,8441 50,301 37.669 78,126
SOUTH MANCHESTER AOS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 1 ACCOUNTING POLICIES The finanaal slalenEnts of the charitsble corrpany have been prepared in accordan( with th6 Charities SORP (FRSEI 'Accounting and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their accounts in accorilance the Financial Reporting Standard for Smaller Entities {the FRSSEI leffeclive 1 January 20151., and the Fin2naal Reporting Standard for Smaller Entities {effecttve January 20151- The financial statements have been p¥Epad under the histortcal rKfysts wnvenlKIn. Th8 accruals basis is used for all in(x)me 2nd expenditure Legacies. gffts and donalion5 are brought into the accounts in the period when they We TeceThred OepreciatN)n on equipnEnl k5 prowded for at the rdte of 25% on cost per annum TaXat1n - Th8 society is a registered charity and as such is entitled to the exemption frDm tax to the extent that the income received falls wsthin seoaK>n 505 1.C.T.A 1988 and section 256 C.G.T.A. 1992 alld applTed to charitable purposes only. 2 OTHER TRADING ACTIVITIES 2023 2022 HiTe of Assets Raffle Tickets PTogr8mme Sales & Adverts 1.367 3 Donations 2023 2022 SIAAOS Social Fund mbers Donatwjns Legacvès Poslcode Lottery 308 5,863 4,796 4.046 42,696 500 4 OTHER EXPENDITURE 2023 2022 NODA Subs Programme Printing Travel Expenses scellaneous Raffle costs 230 556 3.261 1.043 163 632 1.582 782
SOUTH M4NCHESTER AOS NOTES TO THE FINANaAL 5fATEMENTS YEAR ENDED 31 DECEER 2023 5 TANGIBLE FIXED ASSETS Thealrical Equipment Office Equipmenl Total As at 111123 Addt)nS 7.975 686 7.975 686 At 31112123 Depreclatton As at 111123 Charge forY&ar 2,217 2,217 At31112123 Net book Valu8$ At 31112123 at 31112122 6 PREPAYMENTS 2023 2022 Adv8nce Costumes Advance Set Advancg Licfjnces 1.200 1,239 1.000 3,439 1,200 700 7 PAYMENT TO TRUSTEES The Truslees received a p8ym8nt of £3.261 (2022 - £1.512) to reimbutse travel exDens8s which was (5onated back to the society under Grft AKI