Trustees’ Annual Report for the period
From 1 August 2023 Period start date To 31 July 2024 Period end date
Charity name: Southgate Opera
Charity registration number: 1170169
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the Society shall be: To advance, improve, develop and maintain public education in, and appreciation of, the art and science of music in all its aspects by any means the trustees see fit, including through the presentation of public concerts and recitals. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Three public productions were presented for the benefit of the public. October 2023 Old Time Music Hall February 2024 Pirates of Penzance June 2024 La Vie Patisienne |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have had regard to the guidance issued by the Charity Commission on public benefit, and guidance documents PB1, PB2 and PB3 have been distributed to all trustees. |
Additional information (optional)
You may choose to include further statements where relevant about:
| SORP reference | |
|---|---|
| Para 1.38 | |
| Policy on grant making | |
| Para 1.38 | |
| Policy on social investment | |
| including program related | |
| investment | |
| Para 1.38 | |
| Contribution made by | |
| volunteers |
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Old Time Music Hall: An interactve, costumed performance in the local church in Southgate brought entertainment to local people, outside our usual area of performance Pirates of Penzance: Five performances fully staged with orchestra in an original producton brought experience of this G&S favourite to audiences in Poters Bar. La Vie Parisienne: Fully staged producton with orchestra brought the only experience of live light opera to the Wyllyots Theatre in Poters Bar, providing the opportunity to extend the appreciaton of this musical form to those new to thisgenre. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | A profit of approximately £389 in the year was recorded, very close to break even. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Society has always maintained a historical reserve level, in order to ensure fnancial stability and mitgate against risk . (An individual producton can incur costs of up to £30,000). The Society does not aim to make an overall proft in its operaton, and as already stated, in the current year, a small profts was achieved. |
| Amount of reserves held | Para 1.22 | Around £40-45,000 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Consttuton, adopted at the AGM dated 29 September 2016. This is the date from which charitable status wasgained. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Society |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are elected at the Annual General Meeting. Each year, one-third of trustees stand-down, and elections are held for these posts. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Southgate Opera |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1170169 |
| Charity’s principal address | 46 Borden Avenue Bush Hill Park Enfield EN1 2BY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Colin Davis | Actng Chairman | |||
| Colin Davis | Treasurer | |||
| Sophie Shoults | Secretary | |||
| Gillian Porter | Publicity | |||
| Kate Masters | Members Representatve |
|||
| David Wats | Vice-Chairman | August 2023-February 2024 | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Colin B Davis Full name(s) Colin Benjamin Davis
Position (eg Secretary, Acting Chairman Chair, etc)
Date
22/05/2025
Southgate Opera 01-08-23 to 31417-24 1. PRODUCTION ACCOUNTS Productlon Accounts: INCOME Pirates Friends. Concert Law Company Show Feèsl score sales Ticket sales- WyllyDtts Ticket Sales- Members Advertising in programme Insurance Claim Programmel l¢e cream Sales Videolphoto Income Total Income £3.490.00 £22.950.(KI £2,319.00 £32.50 £0. £595.IXI £3.370.00 £8,825.00 £1,107.00 £32.50 £0.00 £245.73 £176.00 £1,212.(Kl £30 278.50 £1.772.00 £13 756.23 EXPENDITURE Auditions Accompanist Box Office Choreographer Company Photos Costumes, Wigs, MBke up Directors Fees Front ol House Oisplay Gratuities & Sundries Libretti, Scores. photocopying Lightingl Sound MD fee Orchestra Orchestra Parts Programme Costs Publicty Props Refreshments Rehearsal Accomodation LicenselRoyalties Transport £0.00 £60.(X) £0. £o.(x) £o.rK) £1.295.91 £1.200.00 £0.00 £55.25 £80.00 £950.00 £1.600.IJI £4..th) £186.99 £171.48 £318.80 £54.49 £O.OD £1.580.00 £0.00 £520.13 £715.35 £0.00 £1,149.00 £O.IM) £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £o.cKI £0. £0.00 £o.c £350. £0.00 £0.00 £0. £0.00 £0.00 £0.00 £450.00 £0.00 £0.00 £0.00 £o.(K) £o.c £0.00 £150.00 £0.00 £150.00 £0.00 £1.611.88 £1.200.00 £0.00 £66.99 £109.18 £950.00 £1.600.00 £4,318.00 £252.75 £171.48 £316.61 £132.19 £0.00 £1,862.50 £1,709.40 £916.95 £1.776.50 £0.00 £396.00 Stage Manager Ticket Levy Videol Photo Costs I i i £800.50 £0.00 £170.50
Theatre hire £6.000.00 £140.00 £6.C(Q.00 Total Expenditurn £21697.90 £940.00 £23 860.93 Piratss Friends. Concert La Vie PROFITIIOSS £8,580.60 £832.00 -£10,104.70 Piratss Friends. Concert La Vie TOTAL SHOW PROFITI-LOSS -£692.10 clf to Income Southgate Opera 2. P&L ACCOUNT P&L Account year ended: 317-24 Compardtive last year 2022123 INCOME 2D23124 ProfiV-Loss on prc•Juctions Fundraisinty Donalions Company Annual Fees Hire income Friends, Subs (Standing Order) Friends, Subs (Cash & Cqs) Interest- HSBC deposit alc Social Events Tea money Sundry Income WIO Debtors 1,639.21 £491.81 £10.(XJ £345.00 £1.308.00 £70.CM) £233.95 £71.00 £184.00 £618.00 £0.00 -£692.10 £101.93 £20.00 £685.00 £1,205.00 £187.00 £643.39 £83.00 £173.00 £69.00 £0.00 Gift Aid Receipts CASH BOOK unbked income (Tea tloney) Totsl Income £1.957.29 £0.00 £3,649.84 £1,536.50 £0.00 £4,011.72 EXPENDITURE Scholarship Award AGM £0.00 £50.C £0.00 £50.00
Bank Chaffjes Membersl Other concert expenses Donations Friends, expenses Garagel Storage General Admin Insurance Lost scores Presentations & Flowers Publicity- General Purchase rtemsl service of Equipment Spotlight & Newsletter Slationery, postage. Photocopying Subscriptions - Making Music.. Perfomiance Rights Sundries Tax Website Social Events WIB Creditors WIB Accruals CASH BOOK sundry expenses Total Expenses £85.42 £0.00 £0.00 £0.00 £2.356.00 £0.00 £143.00 £0.00 £68.60 £0.00 £618.65 £58.94 £41.68 £39).C(I £551.50 £O.(K) £86.40 £0.00 £0.00 £0.00 £0.00 £4,450.19 £76.33 £0.00 £0.00 £0.00 £2,300.00 £0.00 £151.00 £0.00 £127.75 £0.00 £243.05 £84.90 £0.00 £392.00 £23.45 £o.c £86.40 £88.00 £0.00 £0.00 £0.00 £3,622.88 PROFITIIOSS 800.35 £388.84
Soththgate Opera Balance Sheet: 3. BALANCE SHEET 314J7-24 314)7-24 Assets Cash at bank current {Includes Scholarship Fund £350) Cash at bank depoEIt 10.409.86 P&L bif 014)&23 P&L 014&23 to 31417-24 43.694.12 388.84 34.304.79 Cash in hand Debtors: Prepayments 2024125 175.00 1,348.30 Prepayments 24125 to 25126 (SO Cost Store) 2.IKMJ.00 48.237.95 48.237.95 Llabllltles PincoMe (Repairs fund) 2024125 CdItorS CCTuals 4,154.99 4.154.99 4.154.99 44,082.96 44,082.96 SIGNED AUDITOR: 9 Sp 2024
SOUTHGATE OPERA
Auditor’s Report
Accounts: 1.8.2023 -31.7.2024
I confirm I have audited the above accounts for the year under review.
I have vouched and reconciled the bank accounts to the supporting invoices, vouchers, paying in and cheque books.
I am happy to sign off these accounts for presentation at the AGM and for HMRC requirements.
David Luck Honorary Auditor 3.10.2024