THE REGAL FILM SOCIETY ' tered Chari Number 1162286 Amherst Shapland Limited FINAIYCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Chartered Accountants
THE RIGAL FILM SOCIETY THE REGAL FtLM SOCIETY ' tered Chari Number 1162286 Trustees, re ort for the ear ended 31 Au SI 2022 REFERENCE AND ADMINISTRATIVE INFORMATION Trustees Officer5 and other ¢ommittee Thember5 The officers acting duTing the year to 31 August 2022".- M Hartwell P H Murphy P Roget5 T Hedgecock Chair (resigned November 2022) Cbair (from FebrLWy 2023) Secretary The other committee members who acted during the year were:_ V Thom&8 M Smith E M Murphy stered addre55 Newhou, WIthyp)I. minehea TA24 7RH Bankers HSBC Bank Pl¢. Wellington Square. Minehea<L Somerset Accountants Amherst & Shapland Limitcd 4 1rnFn Roa MineheaQ TA24 5DG
THE REGAL FILM SOCIETY . tcrcd Chari Number 1162286 Trnstees, r¢ ort for the ear eDded 31 Au st 2022 Structur Governance and Mana cmenl The Regal FIIM Society is registered as an unincorporated chaTity with the Charity commissio and is subject to a Constitution datcd 12 May 2015. Under the Constitution Trustees are apwinted at the Annual General Meeting and are re-elected annually. Tnlstees arc drawn from n]embers of the society. Ther¢ 15 an infornml induction process for trustees. If rcquirf support is Teadily available for newly elected trustees. Ob"ectives and Activities The object of the Regal Film Society is to advance the education of the public in th¢ knowledge. understanding and apprcciation of the art& particularly the art of fihn and allied visual techniques. in furtheranc¢ of the forcgoing obiecL but not otherwise, the )cIety shall have the powcr to arrange showings of films to its members and to the public particularly but not exclusively in the Regal Theatre, Mineh¢aQ as wcll as to promot¢ the study and appreciation of films by means of lectures, discussions and cxhibitions. The Ttustees have complied with their duty to have due regard to the guidance on public benefit published by the ChaTities Conllnission in exercising their powers or duties. AehievemeDts and Perfornjallce During the year. the Regal Film S(Kiety held 38 screenings open to members and the public. showc&sing both mainstream and independent title& which do not rec¢iv¢ the exposure they d¢serv¢ in comm¢Tcial cinem&s. Average members per film was 48. and average public was 81. The average members foT live streaming was 40, and average public w&s H. Financial Review The SLKiety holds £22,961 cash at bank at the year end all related to unrestricted funds. The Restricted fund received £5.700 during the year which en fully utilised for the new Projector. This year's showing5 have returned to more usual levels. The Trustees aim to hold £20,(K)O in unrestrictrd reserves at thc en4 in order to meet any unforescen expenditure that may occur. Approved by the TrS and signed on their Ethalf Signed:............................ MTPHM Date: 2 May 2023
THE REGAL FILM SOCIETY INDEPENDENT EXAMINER'S REPORT INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE REGAL FILM SOCIETY I report on the accounts of the Society for the year ended 31 August 2022 which are set out on pages 4 to 5. Respective responsibilitses of trustea and eiamiDer The trustees are re5wnsible for the preparntion of the acwunts. The trustees consider that an audit is not required for this year under section 14412) of th¢ Cl)arfftties Act 2011 (the 2011 Act) and that an independent examination is needed. It is my resw)nsibility to: examine the accounts under s¢dion 145 of the 2011 ACL follow the procedures laid down in the General DirectiODS given by the Charity Commission under section 145(5)(b) of the 2011 Act: and state whether particular matters have come to my attention. Basis of independent examiner's report My cxamination was carried out in accordance with the General Directions given by the Charity Con]mission. An examination includes a review of the accounting records kept by the charity and a compaTison of the accounts present¢d with those records. It also includes ConsidatIOn of any unusual items or disclosures in the accounts, and seeking explanations from you &8 trustces concerning any such ntter5. The procedures undertaken do not provide all the evidence that would bc required in an audit and consequcntly no opinion is given as to whether the accounts present a 'true and fair vicw, and the rert is limited to those matteTS set out in the statement below. Independent examiner's statement In comiection with my examinatio no matler has come to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of thc 2011 Act. and to prq)are accounts which accord with the accounting records and comply with th¢ counting requirements of the 2011 Act have not been met. or (2) to which. in my opinion. attention should be dTav4n in order to enable a proper understanding of the accounts to be reach. Date: 18 May 2023 Amherst & Shapland Limited Chartered Accountants 4 lrnham Road Minehead K H D PRESTON Bsc FCA TEP
THE REGAL FILM SOCIETY Recei tsandPa ents Account for th¢ ¢2r ended 31 Au st 2022 Totsl PrioT Year Funds 'fotsl Funds Funds Funds RECEiYrs IncomiTJg resources from generxted funds: Voluntary Income: Grants Investrnent income: Bank Interest Incoming Resources from ChaTitabl¢ Activities: Membership Subscriptions Athnission Fees 5,700 5.700 1,700 3,671 3.671 2,880 Sub lotal 34,639 5,700 40,339 9,176 Asset Sales TOTAL RECEivrs 41 35 639 5 700 39 PAYMEIYTS Cost of charitable aetivitia: Live Streatning costs Film Hire Drive-in advance Insurancc Prinl POSL Stationery & Publicity Theatre Rent Rcpairs & R¢nmls Subscriptions Travel Expenses Other Expenses MATA donation 8.294 8.309 8,294 8.309 1,525 2,897 2,000 3(K) 3,663 4.017 71 271 758 107 300 3,663 4,017 71 271 758 107 828 I,iio 924 53 231 Sub to 25,790 1,700 27,490 9,568 Asset purcbases TOTAL PAYMENrs 51153 7400 53 16 NET OF RECEIvrsi AYMENrs {15514) (1,700) (17214) (7,709) Cash Funds 31 Allgust 2021 Cash Funds 31 August 2022
THE REGAL FILM SOCIETY StatcweDt of Assets and Liabilities at 31 Au st 2022 UDTestricted Restricted Funds Fullds Tots] Pri r Year Funds T tal FuDds Cash Funds Bank Account C&8h in hand 22,859 102 22.859 102 40,073 102 Totsl C&sh Funds £22,961 £22.961 £40.175 Debtors at ear CDd MATA Film admission charges Creditor5 at ear end Film charges and othcr apenses Assets Retained for ch8ri 'S OIVD use at o nal cost Fund to which Asset belo Totsl Cost External LED lightlM)X auired 12 January 2017 Cupboard aUlTed 12 January 2017 Roller Screen acquired 9 OctobEr2017 Satellite Disc acquired 18 December 2017 speak Stands acquired 23 January 2018 TV monitorsl satellite receiver wuir¢d 12 Febrw 2018 Cabinet acquired 4 Odober 2019 Laptop & programme a¢quired 30 N0mE¢r 2019 Speaker system & Cinen]a scaler acquired 22 August 2020 Blu-ray player wuired 17 Julle 2021 Barco Projector acquired 25 November 2021 ACER laptop acquired 27 November 2021 £584 £119 £16,539 £303 £780 £849 £300 £450 £4,966 £284 £36.667 £229 Unrestticted Unrestricted UDr¢stricted Unrestricted Unrestricted Unrestricted Unrestricted UrestriCted Approved by the Tnths and signed on thcir behalf Signed:............................ MrPHMu Date.. 2 May 2023