## **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
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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: 31￿7-24 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 unb￿ked 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 P￿incoMe (Repairs fund) 2024125 C￿dItorS 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