BRISTOL MUSICAL COMEDY CLUB Registered Charity No.. 1181749 TRUSTEES. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 BRISTOL MUSICAL COMEDY CLUB REFERENCE AND ADMINISTRATIVE DEfAIiS FOR THE YEAR ENDED 31 OCTOBER 2024 Reglstered Charlty No.. 1181749 Regtstered Crffice: 562 Bath Road, Bristol. B54 3LE Truslees: The trustees who sewved durin8 the year and since the year end were.. Eva Frances James Hannah Milkins (appointed 3 June 20241 Siephen Philip Mundey (appointed 3 June 20241 Lucy O'Neill Iresigned 3 June 20241 Rebecca Lewis Iresigned 3 June 20241 Committee.. Robert McDonald Wendy We8ver Stephen Mundey Anna Tucker Sophie Scroggs Naomi Parsons Katie Anderson Louisa Chowns Chair Vice Chair Treasurer Secretary New Members Rep Fundraising Socials Members Rep Our advisors: Bankers 8arclays 8ank plc Independent Examlner Nicholas Paladina FCA Image House Farni Sandy Lane Lathom Ormskirk L40 STU **BRISTOL MUSICAL COMEDY CLUB TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024** ## **Introduction** The trustees of Bristol Musical Comedy Club (BMCC) present their report and the unaudited financial statements as a charitable incorporated organisation (CIO) for the year ended 31 October 2024. Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity's constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. ## **Objectives and activities** The charity’s ‘Objects’ as stated in the Constitution are to educate the public in the arts and sciences and in particular to the art and science of music and drama by the presentation of dramatic musical productions. The Trustees confirm that they have had regard to the Charity Commission guidance on public benefit. BMCC achieves is objectives primarily through the staging and performance of musical productions. ## **Structure, governance and organisation of the charity** BMCC is a CIO registered with the Charity Commission for England and Wales. It is governed by a board of trustees. Trustees are appointed in accordance with the charity’s constitution. On appointment new trustees are provided with a copy of the constitution and any amendments made to it, and a copy of the CIO's latest trustees' annual report and statement of accounts. The running of the CIO is delegated to a committee elected at an Annual General Meeting of the Members, that is convened annually as soon as possible after the end of the financial year to which members shall be summoned by notice giving not less than fourteen days. The committee comprises a Chairman, Secretary, Treasurer and four other Members. Meetings of the committee, with trustees present, take place regularly. All arrangements for the productions and other events and the control of the finances are in the hands of the committee. ## **Achievements and performance in the year, and future developments** During the year BMCC staged productions of _Pippin_ and _Little Shop of Horrors._ The shows attracted audiences of 1045 and 741 respectively, as well as involving membership in performing and mounting the productions. In the forthcoming financial year, BMCC will be staging Legally Blonde and a fundraising Revue show ## **Financial review** The Charity made a deficit of £10,718 in the year (2023: deficit £8,113). At the year end total funds amounted to £26,954 (2023: £37,672), all of which were unrestricted. 2 BRISTOL MUSICAL COMEDY CLUB TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 OCT08ER 2014 Icontinuedl BMCC aims to hold reseNes that at any time provide a buffer against any unforeseen expenses, legal or technical, which might occur. These reseNes would be used to meet any of the CIO'S obligations should it need to fold. Risk and Gol concern The trustees have examined the major risks to which the charity is exposed and systems have been established to mitl8ate those risks. These prO￿d￿re$ will be periodically reviewed to ensure that they Still meet the needs of the charity. STATEMENT OF TRUSTEES. RESP014SIBILmES The charity trustees are responsible for preparing a trustees. annual rewirt and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to chartties in England and Walès rÈquires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the CIO and of the incoming resources an(1 application of resources, of the CIO for that period. In preparing the financial Statements, the trustees are reqUI￿d to: • select suitable accounting polioes and then apply them consistently. observe the methods and principles in the applicable Charitie5 SORP.. make judgements and estimates that are reasonable and prudent- state whether applicable accounting Standards have been followed, subject to any material departures that must be disdosed and explained in the financial statements- • prepare the financial statements on the going concem basis unless it is inappropriate to presume that the CIO will continue in business. The trustees are responsible for keeping proper actounting records that disclose wlth reasonable accuracy at any time the financial position of the CIO and to enable them to ensure that the financial statements comply with the Chèrities Art 2011. the applicable Charities (Accounts and Reports) Regulatlons, and the provisions of the trust deed. They are al￿ responsible for safeguarding the assets of the CIO and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustee5 are responsible for the maintenance and integrity of the CIO and financial information included on the CIO'S website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements. By order of the b of trustees Eva es (Trusteel Dated.. 2 June 2025 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BRISTOL MUSICAL COMEDY CLUB** I report on the accounts of Bristol Musical Comedy Club for the year ended 31 October 2024 which are set out on pages 5 to 19. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. ## **Nicholas Paladina FCA** Independent Examiner Creative Tax Reliefs Ltd Image House Farm Sandy Lane Lathom Ormskirk L40 5TU Dated: 12 June 2025 4 Bristol Musical Comedy Club Charfty No 1181749 Annual accounts forthe 01111r2023 To eriod 3111012024 Section A Statement of financial activities (including summary income and expenditure account) R•strktrd Unre$trleled fi￿d$ Endowment Prfor year funds R•eomm•nd•d cal•gorS•s by activity fithds Totsl lunds Income {Not¢ 3) F01 F02 F03 F04 F05 Ctrwitstlèth#AS 412 412 173 Total Expgndlture (Notes 6) 25 50,970 Slo Tot•1 S12 Net Incomel{expendltur•> beforn for the r•porting perlod T&¥ Fertle S13 10.718 8,113 Net in¢omdl•xp•nditur•) aftertax beforn Investmont galnsl(lo$sw) $15 SK Net Incomell•xpondltur•) Extraordlnary it•m$ Tr¥nsf•rn botwoen lunds Othèr recognlsed g•lnsl{lossesl.' $17 518 S)9 Q￿&YJr￿(105sl¢) Net movem8nt In lunds Reconclllatlon of funds.. 37,672 Total ffunds canied fonva Bristol Musical Comedy Club Charlty No 1181749 Section B Balance sheet As at 3110312022 R•strl¢l•d income funds Ih*•stric funds Erthwment Total thls y•ar Total lasl y•ar Fixed assets Intanglbl• a$$et$ Tanglble assets Herltag8 a$set$ Investmonts F01 F02 F03 F04 F05 (Not• 15) (Note 141 (Not• 161 (Note ln Total flxed a$$ets Current assets Stocks {Note 181 Debtors (Note 19) Inv•stment$ (Not• 17.4} Co$h at bank and In hand (Note 241 Total ¢unent assets 235 235 95 27,319 27.554 27.319 27,554 38,147 BIO Creditors- amounts falllng due wlthln one year {Note 201 B11 600 570 P4e¢ cunynt •ssets/{Il•bll•ties) 26.954 26.954 Total a5s0ts le55 Curnt liabititles 813 26,954 Crodltors: amounts falling du• aftor one year (Note 20} Provlslons for liabiliti•s B14 Total net ￿$*t$ orllabllltles Funds of the Charity endowment fund$ {Nolo 27) R•strfct•d incom• funds {Nol• 271 Unrèstrfctod funds Rèvaluatlon rgs• Falr value r￿e￿i• 26.954 26.954 817 818 B19 26.954 28.954 37.672 Total funds 26.954 26,954 Slgned on behall of all the trustees 0210612025 Eva Jarnos (Trus¢w) 2.2 INCOME lhaL*￿￿1$.1o b 5 12 FA$1025fv A. Y•&. Yes" Yes. Yes. Ye5" •' Yes. Yes. 13 EXPENOITURE LIA8IITIES Yes. Yu. Yès. 10 I FI151￿5(#￿. 11 17* 11 I*. FR51O1 SCI 2A ASSETS Y•ts' Y•s' Ye6. Yo*. wpJ*wk Y•E' Yw. Section C Note5 to the aGGounls (conti Note 3 kncome R*tstriGled Anaty$i$ of Income Tt*•l Prlor year Donatlons and 1•gaCi•$-. Donalb)ns and gifts GrftAid LegacEs Ge￿ra1 grants provKJe(I by wvernrnenvolher charit￿S Membership subscriptijns aThJ sponsorsh4 wh￿h are Ki substance donatK Donate(I g(K)ds. lacihtEs aThY serv￿eS Other 8,946 850 850 Total 9.796 Charhable aetlvities: Product￿ 21,549 Othèr 5,387 30.34S Total othgrtrndlng activities: Other Total Incom• from Investmonts: Interest Incomè D￿￿end ncome Rental and irKome Other 412 412 173 Total 412 412 173 Separat• material Item of Income Theatre Tax Cfetht TOL Other: ConversK)n ole￿I0w￿￿1 fund5 nto ncome Gah on dtsposal of a tangblè 85Stt hth f( charity's own use Gan on disposal of 8 prograrI￿8 related investrnenl Roya￿.8$ from the expb*licn of vitthtu property r(thts Other Total TOTAL INCOME 10 N*)t¢ 6 Ewndltt¥• An*4 fvnds-. Td*l kncurred )curr￿ $eekK* curred F￿11*￿￿￿ agents OpwaMg¢harty 5 ol futurethicom• Cost ofcèioklng kn*e5brAnl thr ¢¢xi8 Rert r4ws Producbon r8lai•deosts .17S 1.970 Tot41 •xp•ndltur•on th¥lt•bl••dbth• Tot h•F Yot•l ollw•xpqndlv TOTAL EXPENDmfflE 17$ oth•rln1oTh￿tkn1: Gv•rt Gr•nl Toknl last *•¢ly *•¢ly ThealrKal prtxjuclons 57855 11 Section C Notes to the accounts Notg 9 Siwort Costs IYe•$• complèt¢ thts nol• if tho ch•Fltyh•s •rt•tyxdits expenses using ￿t￿leY ¢aIry9r￿S •ndhas sUPPttrt ¢osts. Thls y•ar Th•atri¢*l Grand totsl Ba$is •l¥llo¢•ii ort eost scrlb• m•lho Ful Gov*mar Runn￿9 Costs 2,020 Ful Other Total Last yoar Th•atrScal oducllon Support co•t ex•m les Grnrtd t•i*l B*sis of allocatlo s¢db• m•th Governanc¢ 570 570 Ful 3.259 Ful RurwNrvJ cosis Oih 3,829 3.829 Total &W•4s*provld• d•s*is of th•4¢¢ounllng polkyadopt• ft+rthe •pport•onm•nt olcosts betwqen actfvitles and •ny estlmallon lechnlquu us8d to calculat• th8tr apportlonment. 100% allocat•d to th• CNYS actfvlty. 12 Section C Note5 tothe accounts Note 10 Delalls of certaln types of expendllure Not• 10.1 F•M forex8mination of th• aeeounts Pl•aso provlde details olth• amount yld foranystatutory•xtom•l scnrtiny of accounts and oth•r swvkes provided byyourlnd•p•ndent ex4min•r. Mnothlng was pWdPle￿e 8rtl•r Yl, In the appropnale box(ès). Thls year Last y•ar Independent examln¢rf$ l••s 570 Assuran￿ ￿1¥1¢¢5 otherthan ind•p•nd•nt examination Tax advisory f¢•8 1,050 720 other f¢•$ (for •xamph.. flnan¢lal advk•. Consultaney. accountancy *•rvI￿) paid to th• Indgp•ndenl examin•r 13 Section C Notes tothe accounts (cont) Note 20 Creditors and accrua Please complete thls note rf the charity has any crn*ftors oraccrnats. 20.1 Analysls of credltors Amounts falllng due wlthln one year Amounts falllng due aftor more than one year Thls year Last year Thls year Last year Accruals for grants payable Bank loans and overdrofts Trade credltors Payments recelved on account for contracts or perfomianco-rtlated grants Accruals and defeThed income 570 Taxatlon and soclal securfty Othor¢roditors Total 570 14 Section C Notes to the accounts Icontl Noté 24 Cash at bank and In hand This year Last year Short tem ¢ash Inv•stments (less than 3 month$ maturlty dato) Short t*mi deposlts Cash at bank and on hand Other Total 26.161 27,319 38,147 15 Nol• 27 27.1 D•t•lkn almai•rhlfvnd* d￿￿1￿C￿RREl1Tl•9tyty￿￿l FuTrd TyppPE.E R UR" ki•s•s Fund UR 37 Vl.179 16 Ilot• 27 ch#￿ fvr Fund F¥nd •tlJll' dttu UnrKtrklodknts 3?.612 Y•S' 17 Noio 28 Trnns4¢doTr* T*llh tnJ$tw$ and rnl•t•d p4rt10$ 21.1 Truit••r•mLmr*tknn*rtdb•rt y•4r ¥rRhth•&TÉhwiiyora TRL Orb￿r￿*•I* L*•Jth0r￿V{4ll •Mlon TOTAL TRL y•¥¥ 18 La%ty•ar Tr¥y•l Othorlpbx¥oipfj*J". TC+TAL y•at TRVE •￿￿0￿￿1¥ *rtt•rthoff d¥rlng portkng NaM•olth•lrwth• Luty•4r rnportlng p•rf 19