RegFStered Charity Number 1184497 UNITY PRODUCTIONS Trustees, Report and Financial Statements for the Year Ended 31st December 2023 UNITY PRODUCTIONS Trustees, Report and Financial Statements for the Year Ended 31st December 2023 CONTENTS Page Trustees, Report Statement of Flnancial Activities Balance Sheet Notes to the Accounts UNITY PRODUCTIONS TRUSTEES, REPORT The Trustees have pleasure in presenting their report and financial statements for the year ended 315t December 2023. STATUS Unity Productions Is a registered charity (No. 11844971 govemed by its constitution. Its address for correspondence is 125 Vicarage Roafl. Wollaston. Stourbrid8e, West Midland5 DY8 4QZ. 08JEcfivES OFTHE SOCIETY The objectives of the £harity are to educate the public in the dramatic and operatic arts, to further the development of publi apprectatiors and taste in the said arts.- to assist and further such charitable institutions and charitable purposesas the trustees shall from tlme to time determine. ORGANISATION STRucfuRE The cha¥ity is managed by the board of trustees. The trustees forthe year were: Mr C Wooldrid8e Chairman Mr D Gardner - Secretary Mr t) Gregory - Treasurer No trustee5 received remuneration. Trustees. expense5 are detailed in Note 5 of the accounts. REVIÉW OF AcfiviTIES The charity's focus in 2023 wa5 a tour of 'The Long Road,. a play by Shelagh stephenson depictiag the aftermath and repercu$5ions of a knife crime fatality. Th*5 was a hard-hitting topic but one that needed to be told as the statistics show onlv too well that thi5 15siJe is afletting more and mre of OLFr communitie5. Since its inception, the tharity always had the objertive to produce different projetts that othersimilar sodeties avoid, and this was no exception. Not only wa5 the topic of the play a challenge, but so was the production. The play toured six venues across the Midlands in the Spa￿ of two weeks, a first for all of those involved, with only single venue productions experienced in the past. However. with a simple set and helpful staff at each venue it was a great logistical and critical 5ucce5s. Not all venues sold as well as others but audiente numbers were sufficient to make thFs a financial Success too. The firtancial outcome also Improved bv a Communtty Forum Grantfrom Dudley Metropolitan Borough Council, possible because of the nature of the play. The results for the year are shown on Page 2 of these account5. The surplu5 of £1,967 is after a £2,IXMJ donation to the James 8rindley Foundation, a charity based in Aldridge which (ampaigns against and educates about the issue of kntfe crime. After a somewhat unnerving start Sin￿ the inception of the charity. it now has a firm 5UPPOrt network. a 8rowing audience appreciative of trs WOTk and a stron¥ffinanctal tootingon which to pursue future creative avenues. POLICY ON RESERVES The Committee has a policy of keepin8 reserves at a level suffic¥ent to cover the net annual cost of production5. Should reserve5 fall below this level ihe committee explores other fundraising p05sibilities to cover the shortfall. GOVERNANCE AND Ii¢fERNAi CONTROL The trustees artively reviews the major strate8¢c. business and operational T15ks, which the charity faces and confirrns that It has established systems to mitigate the significant risks TRUSTEES. REsPONSIBIL￿lEs The constitution of the Society requires the trustees to ensure the keeping of a true account of the charitvs incorne and expenditure and ￿ Submit accounts for an independent examination at least once a year. The trustees are responslble foi ensurin8 that proper minute books, accounts and other relevant records are kept. Approved by ard of trustees and signed on behalf of thern.. DGAR Secreta 16th September. 2024 UNITY PRODUCTIONS STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended alst December 2023 Unrestricted Funds Notes 2023 2022 INCOMING RESOURCES Incoming Resource5 from Generatlng Funds Donations and Legacles 6,495 6.495 1,220 Incoming Resources from Charltable Artiv5tSes Production Account 6.012 6,012 19.464 Total Incom5ng resources 12,507 12,507 20,684 RESOURCES EXPENDED Costs of Generating Funds Costs of generatin8 voluntary income Fundraising Trading Costs 31 427 285 Charitable Actlvlties Production Account Donations 7,927 7.927 11,675 GovemantÈ Costs 328 328 565 Total Resour￿$ expended 10.540 10,540 14.698 Net movement in funds 1,967 1,967 5,986 Total Funds brnu8ht forward 16.116 16,116 10,130 Total Funds orrled forward 18.083 18,083 16,116 UNITY PRODUCTIONS BALANCE SHEEr As at 31st December 2023 Notes 2023 2022 CURRENT ASSET5 Debtors Cash at Bank and in hand 158 17,930 134 16,057 18.088 16,191 CRED￿OR$.. AMOUF￿5 FALLING DUE WITHIN ONE YEAR 75 cURREF￿ASsErS 18,083 16.116 NET ASSErs 18,083 16.116 FUNDS OF THE CHARITY UnrÈstrtcted Funds 18.083 16.116 These financial statements were approved by the Trustees of the Society on 16th September, 2024 Slgned on behalf of all the trustees C WOOLDRIDGE Chalmian DGREG Trthisurer UNITY PRODUCTIONS NOTES TO THE ACCOUNTS torthe Year Ended 31st December2023 BASIS OF PREPARATION These accounts have been prepared on the basis of historic c05t in accordance with.. - Accounting and ReFx)rtin8 by Charittes- Staternent of Recommended Practi￿ ISORP 20051.. - Accounting Standards,. and - The Charities Act ACCOUNTING POUCIES Recognition of in¢oming resources These are included in the Statement of Financial Artivities ISOFAI when.. - the charity becomes entitled to resources; - the trustee5 are virtually certain they will receive the resources.. and - the monetary value can be measuTed with sufficienl reliability. Tax Reclalms on donations and glfts Incoming Resources from tax reclaim5 are included In the SOFA at the same time as the gsttto which they relate. Government Grdnts The charity has received 8overnment 8fdnts in the reporting period. Liabtrlity Recognltlon Liabilities are reco8nised as ￿On as there is a legal or constructive obligation committing the charity to pay out the re50urce5. Tanmible Fixed Assets for use by chaTIty These are capitaliied if they can be used foT IT￿re than one year and are depreci*ed to th￿r estimated residual value5 over the period of their estimated economic lives. The rate used is IO% on a straight line basis. ANALY515 OF INCOMING IIESOURCES 2023 2022 Donations and Legacies Tax reclaimed under Gift Aid Stheme Donations Government Grants Sundry Income 75 1,438 4,976 113 758 349 6,495 1.220 ProductloTr Account Ticket Sales Sale of refreshments Prograrnme Sales Programme Adverts Programme Sponsors sp￿Sor$ Rehearsal Fee 4.402 17,238 276 450 575 125 410 200 8(KJ 6,012 19,464 ANALYSIS OF RESOURCES EXPENDED 2023 2022 Costs of Generatin$ Voluntary In¢omt TTUStee Expense5 31 UNITY PRODUCTIONS NOTES TO THE ACCOUNTS for the Year Ended 31st December 2023 2023 2022 Fundralsln8Tradlr4 Costs Sundry Expenses 285 427 285 427 Pn>durtlon Account Royalties Hire of Rooms Costumes and properties Scenery, lighting, sound etc. Adverrising, printing etc. OrchestTa and music Printing programmes Refreshments SundrySh¢)w Expenses 720 1,131 120 652 278 3,103 3.750 171 1,730 281 1,969 344 159 168 205 4,777 7,927 11.675 Governance Costs Insurante Sundry Expenses Bank Char¥es 145 504 65 61 328 565 TRUSTEE EXPENSES 2023 2022 Numberof Trustee5 who were paid expense5 7otal amount paid 31 Nature of E¥pense5 Trustee5 are reitnbursed for posta8e, stationery and telephone costs incurred on behalf of the Sotiety. DEBTORS 2023 2022 Prepayments & Accrued Income 158 134 158 134 CREDITORS.. AMOUNfs FALLINfj DUE wrrHIN ONE YEAR 2023 2022 Accruals and Prepaid Income 75 75 UNITY PRODucfioNS NOTES TO THE ACCOUNTS for the Year Ended 31st De¢eml)er 2023 UNRE5TRicfED FUNDS TOTAL FyTrd Current A55et5 Current Liabilities 18,088 18.088 18,083 18,083 2023 Resources ENpendÈd 2Q23 General Fund Designated Fund 16.116 12,507 110.S401 18,083 16.116 12.50? 110,5401 18,083