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 unInco￿10raled 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 I￿Signad 26m January 20231 Rosanna Bame8 {iesh3ned 26th January 2023} Preslderrt Chair - V￿8 Chair Tfeastsrer - seC￿tary 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 constitut￿n. PRINCIPAL OBJECTIVES The objects of Society are 10 Oducate the publt in the drarnat￿ or operatr arts and to furthar the deveknpff￿rrt of public appreciation of the sald arts, aNI to support financially or othe￿iSe such Cha1Ftab￿ In*itution. lnstiiuiior￿, purpose or pu￿0885 as the SoC￿ty through its gO￿ra1 committee shall determino from ttme io tim. In ordgr lo furthor ils objects, the SoC￿ty has adopted the poliw of stagirrfj at ￿ast one production each year. drawn from established repertoire of light opera, parrtomim8 and mus￿81 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 soC￿lY 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 access￿Illty 01 th8 SOC￿￿$ productio￿ lor those on low Incomes. The strategles empbyed lo achl8ve th8 charttys aims and objectlves Fr￿1￿&.. 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 t￿88 related lo th operations and fina￿e ol the society and are salisfth Ihal systems are In plac8 lo mf(igate Iheir exposure lo major rfsks. HO￿TV•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 suf1￿18rrt working ￿pital to put on a show St￿uld it generate no adVa￿e 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 cond￿led by the Iwsi88S. ACTIVITIES During the year ended 31 De￿rnbel 2023 the charity staged three prOd￿tIOnS, '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 prod￿1ng a targe-scale nKtsical each yearthe tr￿e@S commrtted to a two-yeartrial of smal￿1 scale product￿￿6 al Attrincham Litt18 Theaire. The li￿t of wh￿h 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 prOd￿tIOnS at Altrincham Litt￿ Theatre lo enabkq us to bring a w%Jer ¢hO￿e ol prOd￿tionS 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 wh￿h 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 InC￿aSed 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 a￿llenCeS are retuming the t￿atre9 again. Looknng 10 th8 future, th8 ttustees are k)oking lo lake on a bullding to brlng storag6 aThJ roh8arsal facllilles toget￿r, 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, r88por￿lbIIrt1es 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 eXpe￿Illure account and a balance sheet. The trustees are al￿ r8spOnsib￿ for saleguarOirKJ th8 chaiity's assets. a￿1 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 ex￿cled to.. Select suitable accounting poltles aNJ then apply them con8iStèntly, maklr¥J I￿ge￿nts a￿1 estlrnales that ara reasonablè aThJ pl￿ant,. tolh)w the Te￿IMmo￿￿a1knnS ol the Charity Commission and ol tha accounting prolessTron with r8gar(I lo lorm arKI content of th& accounts. or to d￿￿se and expialn any departures there Irom,. a￿1 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 sub*ct 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 aCcOrda￿e wkh the General Directions given by thè Charity Commission8rs. An examlnalDn I￿1￿leS a reV￿W of the accountlng records kept by charlty and a comparison ol Its accounls PTe3enled wlth those records. It also includes consKleration of ary Un￿Ual ilems or disclosures in the a(￿unIS aThJ seekirg explanations from you as Ill￿tee$ concernlng any such rnatte￿. The pr￿edureS undertak8n do not provlde all the evid8nc8 that would be required in an audit, a￿1 consequently I do not express an a￿Jit 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 attent￿n.. <1) whlch glves me reasonabl8 cause to belleye that in any material r8sp6Ct the wuirem8nts lo keep a￿oUntirg records in accordan￿ with section 130 01 th8 2011 Acl., a￿1 lo prepare accourrts wh￿h a￿rd wllh t1￿ acCourfl￿j records and to comply wRh the accounllng requiremerrts ol the 2011 Act havg not been met; or {2) to whlch. in rny opinion, attent￿n $￿Uld be drawn in order lo enabb a p￿p&r understandiThJ ot lh8 accounts to be ached. Mrs V Bullar 41 Priestna51 Road Heaton hlersey StockF)Ort SK4 3HW SOLTfH MANCHESTER AOS INCOfvE AND EXPENDITURE ACCOUNT YEAR ENDED 31 DE￿mBER 2023 2023 2022 INCOME Charitable Activities Subscriptions rk)nat￿nS GtftA Intem81 Convnis8lon Other Tr8dlng Acllvftias TOTAL INCOME NOTES 34.602 5.100 6,671 3.611 120 33.552 4.960 51,538 2,195 86 51A71 93,537 EXPENDITURE Charitable AdNitio$ 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 Surplusln 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 DECE￿ER 2023 5 TANGIBLE FIXED ASSETS Thealrical Equipment Office Equipmenl Total As at 111123 Add￿t￿)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