2023-03-31-accounts - Cambridge Operatic Society

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Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: Cambridge Operatic Society CIO

Charity registration number: 1184439

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the Society is to educate the public in the dramatic arts, to further the development and further such charitable institutions and charitable purposes as the Committee/Trustees shall from time to time determine.
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	The main focus of the Society would be a professionally directed production of a standard operatic or musical theatre work, using the talents of our membership on stage and associated groups, mainly also non-professional, in the orchestra and backstage. This might be supplemented with a smaller-scale performance at another time of year, or with other events aimed to develop our members’ performance skills or theatrical interests.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We can confirm that our Trustees have had regard to the guidance on public benefit.

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 Membership of the Society is by annual subscription. Normally, members taking a

Contribution made by volunteers	Para 1.38	performing role in a show are asked to pay a higher rate, in order to make a contribution towards the costs of putting on a production. Non-performing members are only asked to pay a nominal fee. The Society is managed by a Committee (Trustees) made up of volunteer members who devote their time and energy to ensuring the Society is able to function and carry out the activities for which it exists.
Other		Any surplus funds that are not likely to be required to fund immediate activities are invested in a higher interest deposit account to earn income for the Society purely in relation to its Charitable purposes and related activities

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	The Society’s first Masterclass series was held and helped to attract new members who went on to join the company for ‘Priscilla, Queen of the Desert – The Musical’. We were fortunate to enlist several musical theatre professionals as Masterclass leaders; Chris Cuming, Jennifer Edmonds, Emma Olley and Mark Turnbull. ‘Priscilla, Queen of the Desert – The Musical’ was selected to be our main 2022 production at the Cambridge Arts Theatre and provided an opportunity to increase not only the diversity of our shows but of the cast, crew and musicians involved.

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

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the accounting period, the Society had total net assets of £55,634
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees aim to hold sufficient general reserves to enable them both to cover any losses on performances and to enable them to undertake future productions. The Trustees consider that the charity's reserves as at 31stMarch 2023 were sufficient for these purposes.
Amount of reserves held	Para 1.22	£55,412
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	The societies main income this year was generated through ticket sales for the production of “Priscilla Queen of The Desert – The Musical” in addition to membership fees and a theatre tax relief rebate from HMRC.
Investment policy and objectives including any social investment policy adopted	Para 1.46	The Society seeks only to be self-funding and any income generated is re-invested in the society to facilitate its charitable purposes.
A description of the principal risks facing the charity	Para 1.46	The principal risk remains the uncertain outlook for the performing arts generally, and in particular for non-professional groups. Considerable costs are incurred in a musical theatre production even with amateur performers, and cancellation of a show owing to a Covid outbreak might

deplete the Society’s reserves to a point where it could no longer fulfil its objectives. Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution – Society formed in 1910 – Constitution since revised and amended as necessary, subject to approval by membership.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Association consisting of approximately 50 members by annual subscription. Became a Charitable Incorporated Organisation on the 16thJuly 2019
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	Appointed by election at the Annual General Meeting held in May/June each year.

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	Cambridge Operatic Society ceased to be a member of NODA (National Operatic and Dramatic Association) at the end of the 2022 Tax Year.
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Cambridge Operatic Society CIO
Other name the charity uses	CaOS
Registered charity number	1184439
Charity’s principal address	42 Churchill Avenue Newmarket Suffolk CB8 0BU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
SallyGoldsmith	Chair	25/06/2020 -
Anna Fisher	MarketingManager	16/07/2019 -
Sam Fuller	Business Manager Business Manager & Treasurer	25/06/2020 – 31/05/2022 01/06/2022 -
William Hale	Treasurer	25/06/2020 - 31/05/2022
Simon Adcock	Secretary	25/06/2020 -
John Thorogood	Trustee	16/07/2019 -
Lucas Elkin	Trustee	25/06/2020 -
Caroline Dyson	Trustee	01/06/2022 -
Fiona Howe	Trustee	01/06/2021 – 31/05/2022

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
Independent Examiner	TJM Dougherty Ltd	7 The Coppice, Great Barton, Bury St Edmunds Suffolk, IP31 2TT
Tax Advice	Creative Tax Reliefs Ltd	Arena, Suite F14a, Arena Approach, Horwich, Bolton BL6 6LB

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) Full name(s) SALLY GOLDSMITH SAM FULLER Position (eg Secretary, CHAIR BUSINESS MANAGER Chair, etc) Date 31[st] May 2023 31[st] May 2023

TJM DOUGHERTY 7 The Coppice .Great Barton Suffolk IP312rr Tel: 01284 788440 Mob.. 07949 947946 TJMD@dougherty.me.uk Charted Accountan, t. CAMBRIDGE OPERATIC SOCIETY CIO INDEPENDENT EMMINER'S REPORT TO THE TRUSTEES I report on tlie financial stat¢inents for th¢ p¢riod ciided 31 March 2023 i¥hich are attached. This report is made solel). lo the charit}'s triistces. as a bod).. in accordance witli section 145 of Il)e Charities Acis 201 l aiid regJulatio)ns iiiade uiidcr sectioii 14515)(bl of tliat Act. M!. work l)as been uiideriaken so tl)at I m iglit state to the charity s trusiee£ those matters l am reqLiired to state to iliem in ali Independent Examiner's report and for no other purpose. To the fLillest exlei)t p¢rinitted bv la.. I do i)ot accept or assuine r¢spunsibilitN' to aiiyoiie otl)er tliaii tlie cliarit), aiid tlie charilj % trustee5 as a body. for my. work. for tliis reporr or the opinions I have fomied. Respective reSPODsibilities of trustees and examiner The charity's trustees ar¢ Tespoiisible for the preparcitioii of tlie financial qtateinents. and thcv cc)nsidcr iliat an audit is not rcquircd for tlie )'ear (under section 144 of the Charities A¥1 ?0 I I Ithc Act) aiid tliat an indepeiident examination is i)¢¢ded. It is iiiv respoi)sibilit)' to.. ¢xarnin¢ tlic fiiiancial statemei)ts luiider section 145 of the Act}; follow the procedures laid do"T) in tlic Gciicral Directioiis g]en by the Cl)aritv Coinmi5sion (under seLliDI) 145(5)(bl of the Act): aiid to state M,hether particular matters have come to my att¢ntion. Basis of independent examiner's report My exaniination was carried out in accordance '1th Gei)eral Directions given by the Charity Coiniiiission. Ali exaiiiination ii)cludes a revie ()fil)e aLLouniin¥ records kept by the charity. and a coiiiparison of the fiiiancial statements preseiited with tho%e records. It also iiicliidcs consideratioii of anw iiniisiial iteins or disclosiii'es in tl)e fiiiaiicial staiemei)ts. ai)d seekiiigj ¢xplai)ati0115 troni the trustees coiiceriiiiig? aiij sucli matters. Tlie procedures undertaken do not proi. ide all the ei'idciice tliat IN'OLild be reqiiired in (111 audit. and conseqLienil)' no opinioi) is given as to hetI)er tlie fiiiaiicial stateinenis preseiil a 'lrue and fair view" and the report is liinited lo those Inatiers sei out ii) the siatcmei)t below. Independent examiner's st#tement In connection with my ¢xaminatioii, iio iiiatter has coine to Iny attention: { l ) ii,hich gie£ me reasniiable Caiise to bclicwc that Iii an). material respect the requirements: to keep accoui)tiiig records in accordance ith se¢tion 130 of thc Act aiid: to prepare finaii¢ial statcmeiits wl)icli acLord witli tlie accoiii)ting) records and eoinply wilh the accounting requirements of the Act have not been met; or (21 to wlii¢h, in Iny opinion. atteiitioii sliould be draivii in order io enable a proper understandiiigj of the financial statements to be reached. Sigvned.. fJM Dated.. 16 Maw 2023 Tracy Dougherty, FCA ICAEW CHARTERED ACCOUNTANTS TIM Dougherry is the trading name of TIM Doughery Ltd Registered in England and Wales Co no.. 7486117. Registered office.. as above.

	CAMBRIDGE OPERATIC SOCIETY	CAMBRIDGE OPERATIC SOCIETY	CAMBRIDGE OPERATIC SOCIETY	1184439
	Annual accounts for the period
	Period start date	01/04/2022	To	Period end date	31/03/2023

Section A Statement of financial activities
Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 *Reconciliation of funds:* S21 S22 *Total* *Net movement in funds* Total funds brought forward *Total funds carried forward* *Total* Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use		Unrestricted funds Restricted income funds Endowment funds Total funds £ £ £ £ F01 F02 F03 F04				Prior year funds £ F05
		160	-	-	160	509
		89,711	-	-	89,711	2,361
		-	-	-	-	-
		289	-		289	295
		-	-	-	-	-
		-	-	-	-	-
		90,160	-	-	90,160	3,165

		-	-	-	-	-
		83,281	-	-	83,281	3685
		-	-	-	-	-
		(8,712)	-	-	(8,712)	-
		74,568	-	-	74,568	3,685

		15,592	-	-	15,592	(521)
		-	-	-	-	-
		15,592	-	-	15,592	(521)
		-	-	-	-	-
		-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		15,592	-	-	15,592	(521)

		39,820	-	-	39,820	40,341
		55,412	-	-	55,412	39,820

Section B Balance sheet

Guidance Notes B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 B21	Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-

	-	-	-	-	-
	18,821	-	-	18,821	13,012
	-	-	-	-	-
	40,531	-	-	40,531	30,417
	59,352	-	-	59,352	43,428

	2,715	-	-	2,715	3,608

	56,637	-	-	56,637	39,820

	56,637	-	-	56,637	39,820

	-	-	-	-	-
	-	-	-	-	-

	56,637	-	-	56,637	39,820

	-			-	-
		-	-	-	-
	55,412			55,412	39,820
				-
	55,412	-	-	55,412	39,820

	Signature		Print Name		Date of approval dd/mm/yyyy
SL	Goldsmith		Sally Goldsmith		18/05/2023
SL Goldsmith (May 18, 2023 12:26 GMT+1)
			Sam Fuller		18/05/2023

CC17a (Excel)

18/05/2023

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing • and with ü their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS • and with ü 102)

and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS ü 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the Not applicable conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes No	ü	* -Tick as appropriate	* -Tick as appropriate

*Please disclose:*
*(i) the nature of the change in accounting policy;*			Accounts now prepared on an accruals basis rather than cash
*(ii) the reasons why applying the new accounting policy* *provides more reliable and more relevant information; and*
*(iii) the amount of the adjustment for each line affected in* *the current period, each prior period presented and the* *aggregate amount of the adjustment relating to periods* *before those presented, 3.44 FRS 102 SORP.*

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes No	ü	* -Tick as appropriate

CC17a (Excel)

18/05/2023

Please disclose:

*Please disclose:*
*(i) the nature of any changes;*	Not applicable
*(ii) the effect of the change on income and expense or* *assets and liabilities for the current period; and*	Not applicable
*(iii) where practicable, the effect of the change in one or* *more future periods.*	Not applicable

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes*	ü	*	-Tick	as	appropriate
No*
*Please disclose:*

Yes No *Please disclose:*	ü	* -Tick as appropriate	* -Tick as appropriate


*(i) the nature of the prior period error;*			Not applicable
*(ii) for each prior period presented in the accounts, the* *amount of the correction for each account line item* *affected; and*			Not applicable
*(iii) the amount of the correction at the beginning of the* *earliest prior period presented in the accounts.*			Not applicable

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 2 Accounting policies 2.2 INCOME

This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.

Yes No N/a	Yes No N/a	Yes No N/a
ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
		ü
Yes No N/a
	ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a
ü
Yes No N/a

p p g g y are recognised as income earned from the provision of goods and services as income from charitable activities.

		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
	ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a
	ü
	Yes No N/a

ue tract.
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü
	Yes No N/a
		ü

Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition criteria claims are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.

Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

2.3 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Support costs have been allocated between governance costs and other support. Governance and support costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a specific level of Grants with performance conditions service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Where there are no conditions attaching to the grant that enables the donor charity to Grants payable without realistically avoid the commitment, a liability for the full funding obligation must be performance conditions recognised.

Redundancy cost The charity made no redundancy payments during the reporting period.

Deferred income No material item of deferred income has been included in the accounts.

The charity has creditors which are measured at settlement amounts less any trade Creditors discounts

A liability is measured on recognition at its historical cost and then subsequently measured Provisions for liabilities at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per paragraph Basic financial instruments 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.

2.4 ASSETS

Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity They are valued at cost.

The depreciation rates and methods used are disclosed in note 9.2. Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5

They are valued at cost.

Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net progress realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.

Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.	Yes No N/a	Yes No N/a	Yes No N/a
	ü
	Yes No N/a
			ü
	Yes No N/a
			ü

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont)

Note 3 Analysis of income

Note 3 Analysis of income	Analysis of income
Donations andgifts Gift Aid Legacies General grants provided by government/other charities Donatedgoods,facilities and services Other Total Main Charitable Activities Other Charitable FundraisingActivities MembershipFees Show Merchandise Total Interest income Dividend income Rental and leasingincome Other Total Analysis Donations and legacies: Charitable activities: TOTAL INCOME Income from investments:	Analysis	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £
	Donations andgifts	15	-	-	15	93
	Gift Aid	145	-	-	145	416
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	160	-	-	160	509

		-	-	-	-	-
	Main Charitable Activities	85,843	-	-	85,843	-
	Other Charitable FundraisingActivities	795	-	-	795	1,671
	MembershipFees	2,403			2,403	689
	Show Merchandise	670	-	-	670	-
	Total	89,711	-	-	89,711	2,360

	Interest income	289	-	-	289	295
	Dividend income	-	-	-	-	-
	Rental and leasingincome	-	-	-	-	-
	Other	-	-	-	-	-
		289	-	-	289	295

		90,160	-	-	90,160	3,164

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure

Analysis Expenditure on charitable activities:	Unrestricted funds Restricted income funds Endowment funds Total funds This year	Unrestricted funds Restricted income funds Endowment funds Total funds This year	Unrestricted funds Restricted income funds Endowment funds Total funds This year	Unrestricted funds Restricted income funds Endowment funds Total funds This year	Unrestricted funds Restricted income funds Endowment funds Total funds Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Last year
Direct Contractor Fees	9,644	-	-	9,644	660	-	-	660
Chaperone Fees	-			-	-			-
Costume Hire	3,839			3,839	-			-
LightingHire	2,713			2,713	-			-
Make-up& Hair Expenses	109			109	-			-
MarketingExpenses	6,092			6,092	-			-
Orchestral Fees	1,850			1,850	-			-
Props & Consumables	185			185	-			-
Reheasal Venue Hire	1,360			1,360	450			450
Royalties	9,657			9,657	-			-
Set Hire	5,055			5,055				-
Show Merchandise	438			438	-			-
Sound Hire	1,057			1,057	-			-
Venue Hire - Other	25			25	-			-
Theatre Hire	20,000			20,000	-			-
Rehearsal Pianists	1,420			1,420	-			-
Libretto Hire	890			890	-			-
Commission on revenue	18,947			18,947	-			-
		-	-	-	-	-	-	-
	-	-	-	-		-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on charitable activities Separate material item of expense	83,281	-	-	83,281	1,110	-	-	1,110
					- - - - - - - - - - - -
	-	-	-	-
	-	-	-	-
	-	-	-	-
Other Total	-	-	-	-	- - - -

Audit & Accountancy Fees	2,260	-	-	2,260	100	-	-	100
Bank Fees	78			78	125			125
General Expenses	605			605	392			392
General Society Advertising & Marketing	254			254	-			-
Insurance	1,012			1,012	1,022			1,022
Postage, Freight & Courier	321			321	-			-
Staff Training	-			-	310			310
Subscriptions	-			-	-			-
Travel - Parking	-			-	-			-
Corporation Tax	-15,000			(15,000)	-			-
Fundraisingcosts	1,129			1,129	-			-
Printing & Stationery	65			65	3			3
IT Software and Consumables	565			565	623			623
				-
		-	-	-	-	-	-	-
		-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
TOTAL EXPENDITURE Total other expenditure	(8,712)	-	-	(8,712)	2,575	-	-	2,575
	74,568	-	-	74,568	3,685	-	-	3,685

CC17a (Excel)

18/05/2023

Section C Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees

This year £	Last year £
160	110

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

*Please complete this note if the charity has any debtors* *or prepayments.*
19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors Total	This year £	Last year £
	160	210.0
	18,661	12,802
	-	-
	18,821	13,012

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Prepayments and accrued income Other debtors Total Trade debtors	This year £	Last year £
	-	-
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
-	1,018	-	-
-	-	-	-
2,715	2,590	-	-
-	-	-	-
-	-	-	-
2,715	3,608	-	-

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Note 24 Cash at bank and in hand
Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits	This year £	Last year £
	-	-
	33,169	13,066
	7,362	17,351
	-	-
	40,531	30,417

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
Main Assets (Cash)	UR	Assets for meeting society objectives & purpose	39,820	90,160	-74,568	-	-	55,412
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds*	N/a	N/a	-	-	-	-	-	-
Total Funds			39,820	90,160	-74,568	-	-	55,412

CC17a (Excel)

18/05/2023

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

FALSE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

----- Start of picture text -----
Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Name of trustee Legal authority (eg order, contribution (including
governing document) loss of
office)/ex
gratia
£ £ £ £ £
Lucas Elkin Society Constitution of 1/7/2019 750 - - - [ 750 ]
- - - - -
- - - - -
- - - - -
Please give details of why remuneration or other employment Musical Director's fee for 2022 production
benefits were paid.
Where an ex gratia payment has been made to a trustee, provide
an explanation of the nature of the payment.
----- End of picture text -----

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
£	£		£	£
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

CC17a (Excel)

18/05/2023

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)		*FALSE*

Type of expenses reimbursed	This year	Last year
	£	£
Travel	20	7
Subsistence	-	-
Accommodation	-	-
Other (please specify):	-	-
	-	-
TOTAL	20	7
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity
	1

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	There have been no related party transactions in the reporting period (True or False)	*TRUE*

Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
			£	£	£	£

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

CC17a (Excel)

18/05/2023

CC17 CaOS Accruals Pack FYE2023 FINAL

Final Audit Report 2023-05-18

Created: 2023-05-18 By: Sam Fuller (samfuller@me.com) Status: Signed Transaction ID: CBJCHBCAABAAeYnzc5XYCQfx-mkqbaIxx86_tf8fSNNX

"CC17 CaOS Accruals Pack FYE2023 FINAL" History

Document created by Sam Fuller (samfuller@me.com)

2023-05-18 - 9:22:05 AM GMT- IP address: 82.129.112.252

Document e-signed by Sam Fuller (samfuller@me.com)

Signature Date: 2023-05-18 - 9:23:51 AM GMT - Time Source: server- IP address: 82.129.112.252

Document emailed to slgoldsmith22@hotmail.com for signature

2023-05-18 - 9:23:52 AM GMT

Email viewed by slgoldsmith22@hotmail.com

2023-05-18 - 11:21:53 AM GMT- IP address: 37.152.216.138

Signer slgoldsmith22@hotmail.com entered name at signing as SL Goldsmith 2023-05-18 - 11:26:55 AM GMT- IP address: 37.152.216.138

Document e-signed by SL Goldsmith (slgoldsmith22@hotmail.com)

Signature Date: 2023-05-18 - 11:26:57 AM GMT - Time Source: server- IP address: 37.152.216.138

Agreement completed.

2023-05-18 - 11:26:57 AM GMT

Trustees’ Annual Report for the period

From 01/04/2022 Period start date To 31/03/2023 Period end date

Charity name: Cambridge Operatic Society CIO

Charity registration number: 1184439

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the Society is to educate the public in the dramatic arts, to further the development and further such charitable institutions and charitable purposes as the Committee/Trustees shall from time to time determine.
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	The main focus of the Society would be a professionally directed production of a standard operatic or musical theatre work, using the talents of our membership on stage and associated groups, mainly also non-professional, in the orchestra and backstage. This might be supplemented with a smaller-scale performance at another time of year, or with other events aimed to develop our members’ performance skills or theatrical interests.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We can confirm that our Trustees have had regard to the guidance on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

Contribution made by volunteers	Para 1.38	performing role in a show are asked to pay a higher rate, in order to make a contribution towards the costs of putting on a production. Non-performing members are only asked to pay a nominal fee. The Society is managed by a Committee (Trustees) made up of volunteer members who devote their time and energy to ensuring the Society is able to function and carry out the activities for which it exists.
Other		Any surplus funds that are not likely to be required to fund immediate activities are invested in a higher interest deposit account to earn income for the Society purely in relation to its Charitable purposes and related activities

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	The Society’s first Masterclass series was held and helped to attract new members who went on to join the company for ‘Priscilla, Queen of the Desert – The Musical’. We were fortunate to enlist several musical theatre professionals as Masterclass leaders; Chris Cuming, Jennifer Edmonds, Emma Olley and Mark Turnbull. ‘Priscilla, Queen of the Desert – The Musical’ was selected to be our main 2022 production at the Cambridge Arts Theatre and provided an opportunity to increase not only the diversity of our shows but of the cast, crew and musicians involved.

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

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the end of the accounting period, the Society had total net assets of £55,634
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trustees aim to hold sufficient general reserves to enable them both to cover any losses on performances and to enable them to undertake future productions. The Trustees consider that the charity's reserves as at 31stMarch 2023 were sufficient for these purposes.
Amount of reserves held	Para 1.22	£55,412
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	The societies main income this year was generated through ticket sales for the production of “Priscilla Queen of The Desert – The Musical” in addition to membership fees and a theatre tax relief rebate from HMRC.
Investment policy and objectives including any social investment policy adopted	Para 1.46	The Society seeks only to be self-funding and any income generated is re-invested in the society to facilitate its charitable purposes.
A description of the principal risks facing the charity	Para 1.46	The principal risk remains the uncertain outlook for the performing arts generally, and in particular for non-professional groups. Considerable costs are incurred in a musical theatre production even with amateur performers, and cancellation of a show owing to a Covid outbreak might

deplete the Society’s reserves to a point where it could no longer fulfil its objectives. Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution – Society formed in 1910 – Constitution since revised and amended as necessary, subject to approval by membership.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Association consisting of approximately 50 members by annual subscription. Became a Charitable Incorporated Organisation on the 16thJuly 2019
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	Appointed by election at the Annual General Meeting held in May/June each year.

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	Cambridge Operatic Society ceased to be a member of NODA (National Operatic and Dramatic Association) at the end of the 2022 Tax Year.
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Cambridge Operatic Society CIO
Other name the charity uses	CaOS
Registered charity number	1184439
Charity’s principal address	42 Churchill Avenue Newmarket Suffolk CB8 0BU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
SallyGoldsmith	Chair	25/06/2020 -
Anna Fisher	MarketingManager	16/07/2019 -
Sam Fuller	Business Manager Business Manager & Treasurer	25/06/2020 – 31/05/2022 01/06/2022 -
William Hale	Treasurer	25/06/2020 - 31/05/2022
Simon Adcock	Secretary	25/06/2020 -
John Thorogood	Trustee	16/07/2019 -
Lucas Elkin	Trustee	25/06/2020 -
Caroline Dyson	Trustee	01/06/2022 -
Fiona Howe	Trustee	01/06/2021 – 31/05/2022

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
Independent Examiner	TJM Dougherty Ltd	7 The Coppice, Great Barton, Bury St Edmunds Suffolk, IP31 2TT
Tax Advice	Creative Tax Reliefs Ltd	Arena, Suite F14a, Arena Approach, Horwich, Bolton BL6 6LB

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) Full name(s) SALLY GOLDSMITH SAM FULLER Position (eg Secretary, CHAIR BUSINESS MANAGER Chair, etc) Date 31[st] May 2023 31[st] May 2023