SOUTH MANCHE8TEFI AOS REGISTERED CHARITY NUMBER 1162025 R•ports and Aoiaount• For th• year ondod 31 D•c•mb•r 2024
SOUTH MANCHESTER AOS TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 LEGAL AND ADMINISTRATIVE INFORMATION STATUS:. chartty is an unincorporaied awcialÉon ano Is govemed by the constitution and ful8s of South wrh8$ter AOS. It i% iegistered wlth th8 charity commissK)n arKI its regi*ration number 1162025. There were 77 current nEmbets of Ihg sOClY as of 31 December 123. TAUSTEES:. Tts Charity Irlte8S and otlicers during the year were:. Gtenys Martin Kevin Proctor Tom Famworth Anorew McN%cholas Susan Ellis Kallum Edwarts Philippa Shellard Clare Cooper Marshall Alex Re Ross Hardman Holty Ireland Safah Gallagher - PresKlert Chair - Vica Chair - Treasurer - Secretary CHARrrY AEGISTERED OFFICE:. 25 Lakeside Rise onchester 8QE CHARrrY REHEARSAL VENUE.- East Didsbury WtM)dlst Chureh Parrs Wood Fload toanchesler M20 5QQ BANKERS-. HSSG Bank plc MANCHESTER,UNThIERsirY 348.350 Oxford Road Manch8St8r M139NG
SOUTH MANCHESTER AOS TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 (Conllnuod) INVESTMENT POWERS Tre charity's powe of I$1mnI are govemed by ils con81iEuti)n. PRINCIPAL OBJECTIVES The objects of the Society are to edt8 the public in th6 dramat Or0rat arts aThl to furtIr the devebpment of public appreoation of the said arts, and to swjport linancialty or otherwise such charitable institLrtion, instEtUtn$. PUTPOSe or F)urp%es as the Scciety through its general committee shall determin8 from time to tiwe. In order to further obsects, the society has adopted the policy of stagirKJ at laast one productK)n each year. drawn Irom the eslablished ropertoire ol13ht OPgr4 pantomime and musical $lWS. PUBLIC BENEFtr In shaping tha obiectNes for Ihe year arKI plannIJ actwities, the Irustees have considered the Charity ComBsN)n's guidance on public beneff(, including the guKlance on public benefits and fee chargirg. The SoCty lieS on grants arKI the income from lees and charges lo cover costs. In setting level ol fees, charges and conce0, tntstees gNe careful cor6ideration to Il aClbI1ty ol the societys PrOdtIor6 tor those on k)w tmeS. slrat8gies employed lo achwe the chaiitvs aims and obj8ctiV8s include.. Presenting a broad rafyJe ol th8atre productions ProvKJlrKJ ladlfjltes arKI opportunili8s for a broad range of people to gel involved in the arts activÉiy. POLICIES Risk managomont The IeeS have assessed the maior iisks to which the chaiity ts exposed, in particular those related lo the operatiorE and liftarte of the society a] are satislred that systems are in place io mitigate their exposure to major rl$ks. Ros•N•s policy 116 the policy of the charity lo mainlain unrestred furxls. which are Ir8e reserves ol th8 charity, at a level between £15.000 and £19,(KJO beiThJ approximate costs lo produ a show. This ensures there should always be sulficient workiry capital to put on a show shouK1 it 9enere no advance f8ven. ReseNes as ol 81st December 2023 were wilhtn the required level. The twstges have considered the most appropriate policy lor investirKJ furKls arKJ have foutKJ thai a bulkllng society or bank deposit aUnt meets their requirements al this tim8. ORGANISATION Thè charty operations are conductsj by the trustees. ACTIVITIES During lh8 year erxled 31 De(Ember 2024 the charity staged thr88 productions, 'OINerl 'Dogfighl and 'Flobin Hood. as well as takitvJ part in lh8 annual Showcase productK)n al The Lowry theatre with other local th8alro 9roups to raise funds lor Teenage Cancer Tnjsl,. Durir¥J the year the In00$ purchased SOff w l¥Jht1, safety helnEts and twls kts whth were partty funded by donations.
The SoCty generated a k)ss torthe year of £5.599, partly due to the dip in licket sales for'oliver!, as a resuh ol tIre being two other produclsons in locat &rea of the San MUS. The end ol the year finished with our traditional pantomIEr wtsh o)ntinwl lo sell well raFse fuThJs lor the charity. Looking to the fuiure. the trustees prepared a bid on a building which was belng ha over by marhester Council as part of a Community Asset Transler whth wouKI reciuce our ongolng hlre wsls Iof Stora98 and rehearsal space and provKle an atternatNe souTr ol funds by letting the building when not use. Al the end of the year we were informed we had been selected as part ol Ihe final btds and are waitirKJ to hear the outcome. TRUSTEES, RESPONSIBILrriES The pUoSe ot thfjs statement is to distlffJtJi8h the tnEtees' responsibilities lor the accounts. The Charitie$ Act raquireg the trustees io ke&p proper tKK)ks ol account with respect to th8 atta1 of Ihe charity and to prepare a statement of acrount lor each accounting period consisting ol an income and expenditure account arxj a balance slwt. Ifuslees a also responsib for safeguarding the chanys assets, and he for takK reasonable steps for the preventKJn and deie(aion ot error, fraud and otFEr iffegularities. In preparlng accounls the trustees a expeGled to: S85oct suilabla accounting po5ici8s and then app Ih8m nsistentty, makirg I1geMentS aTYI eimates that are reasonabte and prlent. follow the recQrnmendalns ol the Chafiiy commKl0ft and ol the accounting profession with r8gard lo lom arKI content ol the acLx)unts. or 10 disck)se atKI explain any departures there from: arKI prepare the accounts on the goirwJ o)nr*m bask8 unless it is inappropriate lo assu that the charity will able to c£)niinue to m8èt its objectives. INDEPENDENT EXAMINERS Mrs V Bullar has intimated her willingness to continue in office as independent examlner lo Ihe charity a1 wlll be proposed for re-appoinlnnI in accordance wilh the conslitulion atKI rules ol the society. By order of Ihe ITt Andrew McN¥chol8s Treasurer Approved by the Irustees:
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF SOUTH MANCHESTER AOS I report on th8 accounts ol South heSter AOS, for t1 year ended 31 December 2023. whtch are Sot oul on th8 followiNJ pages. R•8P•Ctlv• mpon8lbllltl•s of tru8t•08 and oxamlnor As th8 charity's trustoes you are respor6ible for ts prepar8tkJn of th8 accounts. Th8 charws tr1889 con&der Ihal an aLMJit is tequired for this year {under Section 144{2) of the Charltles Acl 2011 (the 2011 Act)) and that an Irtygnderrt gxaminaiion is require(l. HavirKJ 8atisftiJ myself that the charty is r)1 8ubi9Ct to audit under cOranY law a5 Is elkJlble for lTrJependent exaffNnatlon. tt 16 ry t¥Spolbijty to.. exanwn6 th8 accounts under 88Ctknn 145 of Ihe 2011 A¢t lo follow the procedure8 lald down in lh8 G8n8ral Dir8cllor 9lv&n ty the ChaY Commb88lon (und S8ctk)n 14515)(b) ol the 2011 Act): and to state whether particular matters have m8 lo ry att8ntK)n. Ba81 ol Ind•p•nd•nt •xamln•r'8 r•port 8xaminatK)n was carried oui in accordart8 wlth the G8n8ral DIlon8 glven by th8 Charity commissn6. An eXaninatn Includes a review ol the accounting records kept by the charity ar a comparoon ol the accounts pr8s8nlèd wilh those records. 11 al80 inolude8 con8idèrnlion ol any unusual items or disck)sures in Ihe accoun18 and Éeekin9 explanatron6 from you as Irusiees concerning any such mallefs. The prdur&S undertaken do not provid8 all the evIder8 Ihal would bé requlred in an a11, and cOreqUent I do wt expre88 an opin)n on th8 vlew giv8n by the accoun Ind•p•nd•nt •xamlMrf• •tst•m•nt In cOnfln wlih nry examlnatlon, no matter has to nry attgnllon.. 11) whlch gives me reasonablo cause lo b81teve Ihal In any malarlal respect th8 requlr6m8rts lo k88p accounllr¥J records In accordance wllh section 130 01 the 2011 Act,. and to prepare account8 whh a(£ord wrth the accountlng r8cords aThJ lo comply with a(xx)unting r8quii9m8nts of th6 2011 Act have not been met.. or 12) lo whlch, In my opinlon, attentk)n shoulj b8 drawn in ord8r to anabb a pp8r uryjerstand1 of Ihe aLxounls lo be reached. V Bullar 41 Priestnall Road Healon rSeY Sto¢kport SK4 SHW
SOUTH MANCHESTER AOS INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 DEER 2024 2024 2023 INCOME Ch8ri1able Adivitigs Subscriptions Don81Dns Glft Ald Intemel Commlsston Other TTrding Actlvltles TOTAL INCOME NOTES 35,941 5.445 11,419 598 34,602 5.100 6,671 3.611 120 54.728 51N71 EXPENDrruRE Chantable Actmties oth8r D&predatn 56.549 1,235 2,543 54.008 5.090 2,217 60.327 61315 SURPLUS FOR THE YEAR 15,599) 19A441
BALAN SHEEr YEAR ENDED 31 DECEMBER 2024 2024 2023 NOTES FIXED ASSETS Tangibte Assets 7.389 6,444 CURRENT ASSETS Cash at Bank and In Hand Cash al Bank - Rèstricted Funds Cash at Bank- Buiklin9 Funds Debtors PpaYmentS 21.655 28,256 40.000 40,000 65.151 71,695 CURRENT LIABILrriES CTeditofs and AccnJaLs NET CURREMf ASSErs 65.151 71.695 NEf ASSErs 72,540 78.139 REPRESEpifEO BY: ACCUMULATED FUND Balan( as at 1 January 2023 SurplusllDeficitl for the year 78,139 (5.5991 87.970 19,831 } 72.540 78,139
SOUTH M4NCHESTER AOS NOTES TO THE FINANaAL sTATENTs YEAR ENDED 31 DECEVaER 2024 5 TANGIBLE FIXED ASSET8 Th•atrkal EqUInt Offic• Equin¢ Total As at 111124 AdditK)ns 6,444 3.488 6,444 3.488 At 31112124 9.932 Dèpraelatlon A5 at 111124 Charge foryear 2,543 2,543 At 31112124 Net book Values At 31112124 7.389 at 31112123 6 PREPAYMENTS 2024 2023 Advance C05tUTnes Advance Sel Advan Li(8nG8S 1.415 80 1,200 1,239 7 PAYMENT TO TRUSTEES The Trustees received a payment of £5,300 (2023 - £3,261) to reimbu8 travel xg&nses Ythich was donatgd back to the society under Gtft Aid
SOUTH MANCHESTER AOS NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 1 ACCOUNTING POLICIES The financsal staterrEnts of the charitable CoanY have been prepared in accordan th the Charities SORP IFRSE) 'Accounling and Reporting by Charili8s.' Staterrt of R8conYnended Practice applicable to chatrti8s preparing their accounts in aCcoanCe with the Financial Reporting Standard for Smaller Entities (Ihe FRSSEI leffecliv8 1 January 2015y. and Ihe Financial Reporting Standard for Smaller Entities (effective January 201S). Th8 finanual statèrrtnts have been prepared under the historical costs (nVentiOn. The accruals basis i% used for all Income and expenditure LegaGies, grfts and donatlons are brought into the accounts in the period when they were rec8ived Depreciat on equipment is provKJed for al the rale of 25% on (J)sl per annum Taxation - The society is a registered charity and as such is entitd to the exemption fnm lax to Ihe extent that the inwme receNed falls wthin seL*ion $05 1.C.T.A 1988 and se¢aion 256 C.G.T.A. 1992 and is applied to charitable purposes only. 2 OTHER TRADING ACTIVITIES 2024 2023 Hire of Assets Raffle Tickets Programme Sales & Adverts 40 3 Donallons 2024 2023 SMAOS Social Fund Membars Donatk)ns Legacies P05try)de Lottery 1,730 9,690 308 5,863 500 6,671 4 OTHER EXPENDITURE 2024 2023 NODA Subs Progrdmme Pr¢nting Travel Expenses scellaneous Raffle costs 29 530 5,300 678 230 556 3,261 1,043