REGISTERED COMPANY NUMBER: CE012800 (England and Wales) REGISTERED CHARITY NUMBER: 1176474
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
WOW Youth Musical Theatre CIO
A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
WOW Youth Musical Theatre CIO
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
WOW Youth Musical Theatre CIO
for the Year Ended 31 March 2025
Report of the Trustees
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
The Trustees have had due regard to the Charity Commission’s guidance on public benefit in planning the charity’s activities for the year. The charity’s principal objective is the advancement of education and the personal development of young people aged 10 to 18 through participation in musical theatre of a high standard.
Membership is limited and offered by audition, with selection based solely on ability in singing, dancing, and acting. The Trustees seek to ensure that financial circumstances do not prevent participation in the charity’s activities.
The Trustees give their time on a voluntary basis and are supported by additional volunteers who assist with fundraising, costumes, and backstage activities.
WOW remains affiliated with Dorset Youth, which provides advice and support, including access to the Disclosure and Barring Service to enable appropriate safeguarding checks on volunteers.
Main activities
During the year, the charity presented two major productions: Footloose, the Musical in April and Our House, the Madness Musical in November. These productions received five National Operatic and Dramatic Association (NODA) award nominations in the South West region, including Best Youth Production (Our House), Company Movement and Dance (Footloose), Company Characterisation –Youth (Our House), and Company Singing – Youth (Footloose and Our House). Footloose, directed and choreographed by Martine Burt, won the award for Company Movement and Dance.
In addition to its main productions, WOW’s cabaret group delivered performances at a number of community and charitable events, including Weymouth Rotary’s Fayre in the Square, Dorchester Summerfest, Wyke Regis School Fete, and the Weymouth U3A twentieth anniversary AGM. The charity also delivered free workshops in local schools, supported by senior members of the troupe.
The charity donated over £900 from bucket collections at performances held at Weymouth Pavilion, with £425 donated to Gully’s Place at Dorset County Hospital and £500 donated to STEPS Youth Club.
WOW continued to support local schools through the free loan of professional sound equipment, reducing production costs for school performances. Current and former members also benefitted from free access to the charity’s studio to rehearse and record material in support of education and audition preparation.
Page 1
WOW Youth Musical Theatre CIO
Report of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Financial 2024/2025
Income from the charity’s two major productions totalled £109,867 representing 87% of total incoming resources of £125,683. Expenditure on core charitable activities, primarily rehearsal and production costs, amounted to £103,520 accounting for nearly 90% of total expenditure of £115,532. This resulted in a net income of £10,151 for the year.
The Trustees continued to monitor reserves in line with the charity’s reserves policy. In addition to holding £30,000 to mitigate potential production shortfalls, the Trustees agreed to designate £5,000 for emergency repairs, £10,000 for equipment upgrades, and £25,000 towards a potential move to new premises.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE012800 (England and Wales)
Registered Charity number
1176474
Registered office
18 Southill Garden Drive Weymouth Dorset DT4 9UP
Trustees
A McKechan Miss Z Stockley Mrs J Stockley (deceased 4.6.25) Mrs N Brunell Mrs J Hurdiss R Pattinson Mrs K Purnell Ms S Lucken Ms M Moore Mrs L J B Baldwin Mrs K Cecil J Samways (appointed 9.7.25)
Company Secretary
Page 2
WOW Youth Musical Theatre CIO
Report of the Trustees
for the Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................... A McKechan - Trustee
Page 3
Independent Examiner's Report to the Trustees of WOW Youth Musical Theatre CIO
Independent examiner's report to the trustees of WOW Youth Musical Theatre CIO ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alison Hunter
A Hunter & Co Ltd Chartered Certified Accountants 61 St Thomas Street Weymouth Dorset DT4 8EQ
Date: .............................................
Page 4
WOW Youth Musical Theatre CIO
Statement of Financial Activities for the Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities General Other trading activities 2 Investment income 3 Other income Total EXPENDITURE ON Raising funds Charitable activities General Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.3.25 Unrestricted fund £ 10,039 895 103,920 1,492 9,337 125,683 325 115,207 115,532 10,151 220,796 230,947 |
31.3.24 Total funds £ 12,657 520 129,525 545 - |
|---|---|---|
| 143,247 | ||
| 51 124,257 |
||
| 124,308 | ||
| 18,939 201,857 |
||
| 220,796 |
The notes form part of these financial statements
Page 5
WOW Youth Musical Theatre CIO
Balance Sheet
31 March 2025
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds TOTAL FUNDS |
31.3.25 Unrestricted fund £ 140,253 10,475 80,972 91,447 (753) 90,694 230,947 230,947 230,947 230,947 |
31.3.24 Total funds £ 141,024 15,319 65,126 80,445 (673) 79,772 220,796 220,796 220,796 220,796 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
WOW Youth Musical Theatre CIO
Balance Sheet - continued
31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. A McKechan - Trustee
The notes form part of these financial statements
Page 7
WOW Youth Musical Theatre CIO
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 8
continued...
WOW Youth Musical Theatre CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 2. OTHER TRADING ACTIVITIES Fundraising events Shop income Jamie Matilda Oliver Footloose Our House Charlie and the Chocolate Fact 3. INVESTMENT INCOME Deposit account interest 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
31.3.25 £ 1,918 1,412 - - - 54,333 46,197 60 103,920 31.3.25 £ 1,492 31.3.25 £ 771 |
31.3.24 £ 3,039 153 36,652 18,195 71,426 60 - - |
|---|---|---|
| 129,525 | ||
| 31.3.24 £ 545 31.3.24 £ 906 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Page 9
continued...
WOW Youth Musical Theatre CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 12,657 | |
| Charitable activities | ||
| General | 520 | |
| Other trading activities | 129,525 | |
| Investment income | 545 | |
| Total | 143,247 | |
| EXPENDITURE ON | ||
| Raising funds | 51 | |
| Charitable activities | ||
| General | 124,257 | |
| Total | 124,308 | |
| NET INCOME | 18,939 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 201,857 | |
| TOTAL FUNDS CARRIED | ||
| FORWARD | 220,796 |
Page 10
continued...
WOW Youth Musical Theatre CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. TANGIBLE FIXED ASSETS
| Fixtures Freehold and property fittings £ £ COST At 1 April 2024 and 31 March 2025 135,433 12,335 DEPRECIATION At 1 April 2024 - 7,199 Charge for year - 771 At 31 March 2025 - 7,970 NET BOOK VALUE At 31 March 2025 135,433 4,365 At 31 March 2024 135,433 5,136 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accrued expenses 10. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 220,796 TOTAL FUNDS 220,796 |
Computer equipment £ 455 - - - 455 455 31.3.25 £ 10,475 31.3.25 £ 1 752 753 Net movement in funds £ 10,151 10,151 |
Totals £ 148,223 7,199 771 7,970 140,253 141,024 31.3.24 £ 15,319 31.3.24 £ (1) 674 673 At 31.3.25 £ 230,947 230,947 |
|---|---|---|
Page 11
continued...
WOW Youth Musical Theatre CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 125,683 | (115,532) | 10,151 |
| TOTAL FUNDS | 125,683 | (115,532) | 10,151 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.4.23 | in funds | 31.3.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 201,857 | 18,939 | 220,796 |
| TOTAL FUNDS | 201,857 | 18,939 | 220,796 |
| Comparative net movement in funds, included | in the above are as | follows: | |
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 143,247 | (124,308) | 18,939 |
| TOTAL FUNDS | 143,247 | (124,308) | 18,939 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1.4.23 | in funds | 31.3.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 201,857 | 29,090 | 230,947 |
| TOTAL FUNDS | 201,857 | 29,090 | 230,947 |
Page 12
continued...
WOW Youth Musical Theatre CIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 268,930 268,930 |
Resources expended £ (239,840) (239,840) |
Movement in funds £ 29,090 29,090 |
|---|---|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 13
WOW Youth Musical Theatre CIO
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Subscriptions Other trading activities Fundraising events Shop income Jamie Matilda Oliver Footloose Our House Charlie and the Chocolate Fact Investment income Deposit account interest Charitable activities Hall Hire Other income Theatre Tax credit Total incoming resources EXPENDITURE Other trading activities Purchases Charitable activities Show Production costs Rehearsal Pianist Support costs |
31.3.25 £ (1) 1,650 8,390 10,039 1,918 1,412 - - - 54,333 46,197 60 103,920 1,492 895 9,337 125,683 325 99,482 4,038 103,520 |
31.3.24 £ - 5,682 6,975 |
|---|---|---|
| 12,657 3,039 153 36,652 18,195 71,426 60 - - |
||
| 129,525 545 520 - |
||
| 143,247 51 106,470 - |
||
| 106,470 |
This page does not form part of the statutory financial statements
Page 14
WOW Youth Musical Theatre CIO
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 Support costs Finance Bank charges Information technology Repairs and renewals Human resources Depreciation of tangible fixed assets Other 2 Rates and water Insurance Advertising Light and heat Telephone Postage and stationery Hall Cleaning Repairs and Maintenance Rent Other 3 Sundries Gifts and Donations Governance costs Sundries Accountancy and legal fees Total resources expended Net income |
31.3.25 £ 153 - 770 205 2,141 50 1,889 389 68 1,428 1,120 210 7,500 445 975 1,420 - 1,844 1,844 115,532 10,151 |
31.3.24 £ 203 21 906 228 3,082 140 2,934 600 24 75 6,923 360 |
|---|---|---|
| 14,366 932 770 |
||
| 1,702 169 420 |
||
| 589 | ||
| 124,308 | ||
| 18,939 |
This page does not form part of the statutory financial statements
Page 15
Signed By
NICOLA BRUNELL
Date Signed 2026-01-15 09:38:21 Email nicky.brunell@gmail.com Printed Name NICOLA BRUNELL IP Address 2a00:23c4:953d:2501:20d9:1752:6eb0:aeb7 Browser User Agent Mozilla/5.0 (Macintosh; Intel Mac OS X 10_15_7) AppleWebKit/605.1.15 (KHTML, like Gecko) Version/18.5 Safari/605.1.15 Name of signatory Nicola Brunell