LICHFIELD OPERATIC SOCIETY (CIO)
FINAf4CIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Registered Charlty number 1181417
DAINS AUDIT LTD
Chartered Accountants
St John's Court
Wiltell Road
Lichfield
Stafford$hRre
WS14 9DS

LICHFIELD OPERATIC SOCIETY (CIO)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEX
Page
Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

LICHFIELD OPERATIC SOCIETY (CIO)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ANNUAL REPORT
The board of Trustees present their report for the year ended December 2024
The Board of Trustees who served during the year:
Mrs Helen Chave
Chairman
Mrs Sarah Mathias
Production Manager & Vice Chairman
Ms Charlotte Morley
Secretary
Mrs Dawn Bond
Treasurer
Mrs Charlotte Jetvis
Publicity Manager
Mrs Vanessa Blake
Members, Secretary & Business Manager
Mr Connor Brooks
society Support Officer
Miss Sarah Jordan
Society Support Officer- appointed April 2024
Mrs Lucy Dufaye
Society Support Officer

LICHFIELD OPERATIC SOCIETY {CIOI
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ANNUAL REPORT (continued)
Trustees are elected on an annual basis with the Annual General Meeting being generally held in
Spring
The Society is a Charitable Incorporated Organisation. The governing document is a constitution
dated 21 October 2018 and it was registered with the Charity Commission on 4 January 2019,
registered charity number 1181417.
Objects of the organisation
to promote plays, drama, comedies, operas, operettas and other dramatic and operatic
works of educative value,.
to purchase, acquire and obtain interests in the copyright of or the right to perform or
show any such dramatic or operatic works-
to purchase or otherwise acquire plant, machinery, furniture, fittings, scenery and all
other effects,.
to raise funds and invite and receive contributions from any person or persons by way of
subscription, donation or otherwise, provided that the society shall not undertake any
permanent trading activities in raising funds,.
to do all such things as shall further the objects of the Society.
bl
dl
Members and non-performinE members are required to pay an annual substription. The rates for
2024 were as follows..
Performing members
Non-performing members
Students
£30
£20
£20
In addition, a show fee per show is payable, during this year the show fee for Calendar Girls was
performed in July 2024 and wa5 £90.
Revlew of progress and achievements
The Society was established as a Charity in 1943 and converted to a Charitable Incorporated
Organisation in January 2019.
Lichfield Operatic society performed Calendar Girls at The Garrick in July 2024. The show was well
received, earning glowing reviews and has subsequently been nominated for two NODA awards.
Financially this show made a surplus of £8,269.
The Society continues to attract new members and has further productions in the pipeline to further
achieve their ongoing objectives and remain financially stable.

LICHFIELD OPERATIC soaErY Icioi
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ANNUAL REPORT {continuedl
Finances
The attached financial statements show the current state of the Socievs finances, which the Board
of Trustees consider to be sound. Free reseNes at 31 December 2024 totalled £74,743. This falls
within the range agreed by the Trustees
The Charity's principal bankers are HSBC Plc, Lichfield.
The independent examiner is M Gurney of Dains Audit Ltd, Chartered Accountants, Lichfield
Rlsk review
The Trustees have examined the major internal and external risks which the Charity faces and
confirm that systems have been established to minimise these risks.
Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commissions
guidance on public benefit when reviewing the Charity's aims and objective5 and have complied with
their duties under the Charities Act 2011.
The accounts have been prepared in aCCOfdance with the accounting policies set out in note I to the
accounts and comply with the Charitvs constitution, the Charities Act 2011 and 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 RepLsblic of
Ireland effective l January 2019.
On behalf of the Board of Trustees
D Bond
Treastjrer
Date.. 10 March 2025

INDEPENDENT EXAMINER'S REPORT TO THE TRLSTEES OF LICHFIELD
OPERATIC SOCIETY (CIO)
I report to the charity trnstees on my examination of the ae¢ounts of the charity for the year
ended 31 December 2024, which are set out on pages 5 to 7.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in ac¢ordan¢e
with the requiremenis of the Charities Act 2011 ('the A¢l'l.
I report in respect of my examination of the charity'5 accounts carried out under section 145 of
the Act 2nd in carrying out my examination I have followed all the applicable Dir¢¢lsot15 given
by the Charity CoTnMission under section 14515)(bl of the Act.
Independent examiner'5 Statement
I have completed my examination. I confirn) that no material matters have come to my attention
in connection with the examination giving m¢ cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act.
or
the accounts do not accord with those records.
the accounts do not co]nply with the applicable requirements ¢on¢erning the forni and content
of accounts set out in the Charitl¢5 (Accounis and Reports) Regulations 2008 other than any
requirement that the accounts gÉve a 'tNe and fair view. which is not a matter considered as
part of an independent examination.
I have no concerns and have come across no other matter5 in connection with the ¢xaminaiion io
which attention should be drawn in this report in order io enable a proper understanding of the
Accounts to be reached.
M Gurney FCCA, DChA
of Dains Audit Ltd
St John's Court
Wiltell Road
Lichfield
Staffordshire
WS14 9DS
10 March 2025
Page 4

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Income from:
Members Subscriptions
Show Fees
Production income
Bank interest
Social Activities
Hoodies and T shirts
3,092
3,988
55,884
39
56
1,070
2,523
2,185
47,643
184
485
316
Total income
64,129
53,336
Expenditure on:
Production expenditure
Insurarycc
Subs¢riptions
Postage, stationery and sundries
Independcnt examin¢rs fee
Social activities
Storage
Hoodies and T shirts
47,615
,391
245
636
830
57
1,680
1.076
47,629
1,330
230
204
900
547
1,620
324
Total expenditure
53,530
52,784
Net Ineomel{e%penditure)
10,599
552
Reconciliation of Funds:
Total funds brought forward
64.145
63,593
Total funds carried fonvard
74,744
64,145
Page 5

LICHFIELD OPERATIC SOCIETY (CIO)
BALANCE SHEET
AT 31 DECEMBER 2024
2024
2023
Tangible Fixed A55ets
Scenery, properties and equipment
Brought fonvard ai cost less
depreciation
Current Assets
Prepayments
Gifi aid debtor
HSBC PIC
Virgin Money
7,674
1,802
66,531
5,360
1,402
25.293
32,839
76,007
64,894
76.008
64,895
Current Liabilities
Creditors and accruals
(1,264)
(750}
Net Assets
74,744
64,145
The funds of the charity:
Unrestricted income funds
74,744
64,145
The accounts on pages 5 to 8 were approved by the Board of Trustees on 10 March 2025 and signed on
their beh8lf by
H Chave
S Mathias
P8g¢ 6

LICHFIELD OPERATIC SOCIETY(CIO)
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Aecouniing poli¢ies
G¢ncral
These accounts have been prepared in accordance with Accounting and Reporting by ChaTilies'.
Staremeni of Recommended Practice applicable io ¢hariti¢s preparing their accounts in
accordance with the Financi21 Reporting Standard applicabl¢ in the UK and Republic of Ireland
IFRS1021 effective l January 2019, FRS 102 and th¢ Charitics Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
These accounts have been prepared on an accrnals basis.
2. Trustees remuneration, expenses and related party transactions
Production team honoraT2a inelud¢ Il)¢ followiiig pyym¢nts to related parties-
Charlott¢ Jervis £700 choreographer fee12023 £300- concert fee).
In 2023, Patrick Jervis (husband of trustee}- director's fee re Seven Brides for Seven Brothers.
No reimbursement of expenses has been made or is due to be made to any of the Memb¢rs of the
Management Committee in respecr of the year.
3. Gift Aid Scheme
Membership subscriptions include a gifl aid tax repaymeni of £400 {2023 £4001.
4. Charit}. Merger
At an Extraordinary General Meeting held on 22 October 2018, the unincorporated charity, Li¢hfi¢ld
Operatic Society, registered charity number 516576, passed a resolution to dissolve and transfer its
assets to Lichfield Operatic Society {CIO). registered charity number 1181417. The transfer look pla¢e
on l January 2019.
Pa8e 7