| ~ ~ |
|||
|---|---|---|---|
| Summary of | the main | Treasurer's Re rt |
|
| achievements ofthe charity during the year |
With the ongoing covid-19 pandemic wreaking havoc on groups' abififies to rehearse and perform 2020/21 was a very quiet year for Oxford |
||
| Operatic Society. | |||
| The Trustees had numerous conversations about how we can best |
|||
| protect the planned show, My Fair Lady, how we can engage the |
|||
| membership, and do so in asafe and reassuring way. These decisions |
|||
| meant that we worked with ATG to move our performance slot out ofthis |
|||
| financial year meaning the year itself had no performance or rehearsal |
|||
| spending associated with it. |
|||
| We did pay foraZoom licence for the Society, allowing us to run | |||
| meetings as well as social and performance activities remotely. The cost |
|||
| was small in comparison to the benefit itgave our members. We also |
took | ||
| the decision to offer a reduced membership fee for afi members in the |
|||
| year —with uncertainty, furlough etc we felt itwas the right thing to do |
to | ||
| offer a reduced full membership fee of850for afi. |
|||
| As a result our financial performance was: |
|||
| Membership, Patrons, etc |
|||
| Income: f12,343 | |||
| Outgoing: f.1;321 | |||
| Profit/loss: f11,022 profit | |||
| Meaning the financial year ended UPf11,022. | |||
| This gain boosted our financial reserves as we looked to stage My Fair | |||
| Lady in December 2021 ofthe following financial year. With continued |
|||
| uncertainty around the pandemic and theatre audiences' responses to |
|||
| this having the additional reserves set us in good stead to make sensible |
|||
| decisions in the following year. |
|||
| As the numbers above show membership fees continue tobe vital for financial stability ofthe Society.f7,856was brought in by fees alone, |
the with |
||
| E2,774k on top from Gift Aid —for which a massive thank you has to goto | |||
| Martyn for his hard work on every year. Thanks also to Chris Thiele for | |||
| his independent examination ofthe accounts. |
|||
| Give As You Live, Amazon Smile and other charitable donations continue |
|||
| to be a source of free money (f325this financial year) and I would |
|||
| encourage all members to sign-up and support OXOPS forfree on almost |
|||
| every online purchase/utility or insurance switch/holiday booking etc. |
|||
| Our finances are in a good shape. With overf90k in the bank we are | well | ||
| placed to produce My Fair Lady, to weather the covid-19 uncertainty, |
and | ||
| to consider exciting programming opportunities beyond. |
| OxfordOeraticSociet | OxfordOeraticSociet | Paper 3-2021 | Paper 3-2021 | Paper 3-2021 |
|---|---|---|---|---|
| p y Charity no.1187711 Income Statement Year 2020/2021 FINAL |
OX&PS IIII |
|||
| Theatre Settlement | 0 | 0 | ||
| Ticket Revenue | 0 | 0 | ||
| Coach/Wl Income |
0 | 0 | ||
| Patrons | 1,295 | 1,295 | ||
| Membership Fees |
7,856 | 7,$56 | ||
| Gift Aid | 2,774 | 2,774 | ||
| Other Donations | 0 | 0 | ||
| Pmduction Fees |
0 | 0 | ||
| Interest | 93 | 93 | ||
| Fundraising | 325 | 325 | ||
| Programme Revenue |
0 | 0 | ||
| TOTAL INCOME | ||||
| Production Team Expenses |
0 | 0 | ||
| Rehearsal Room Hire |
(40) | (40) | ||
| Accompanist Costs |
0 | 0 | ||
| Royalties | 0 | 0 | ||
| Score Hire / License | 0 | 0 | ||
| Orchestra | 0 | 0 | ||
| Sound &Light | 0 | 0 | ||
| Stage Crew General Expenses | 0 | 0 | ||
| Theatre Staff Recharge | 0 | 0 | ||
| Theatre Hire Charge | 0 | 0 | ||
| Production Team Expenses Incidentals | 0 | 0 | ||
| Set Hire (incl transportation) | 0 | 0 | ||
| Costume Hire (incl transportation) | 0 | 0 | ||
| Props | ||||
| Makeup &Wlgs | 0 | 0 | ||
| Publicity | (50) | (50) | ||
| Coach/ Wl Costs | 0 | 0 | ||
| Sodal actWltles | (144) | (144) | ||
| Insurance | (777) | P77) | ||
| Dues and Subscriptlons | (200) | (200) | ||
| Credit Card Commission | 0 | 0 | ||
| Ticket agent commission | 0 | 0 | ||
| Printing, photocopying | and postage (inc supplies) | (13) | (13) | |
| Gihs and awards | (56) | '(56) | ||
| Other (Please specify) | (81) | ($1) | ||
| Depredation ofFixed Assets |
0 | 0 | ||
| TOTAL EXPENSES | 0 | (1821) | (2321) | |
| INCOME FROM OPERATIONS | ||||
| Extrwondlnory Items |
||||
| NET INCOME |
| Statement of Year 2020/21 |
Financial Position | O | OPS | ||||
|---|---|---|---|---|---|---|---|
| I | I | r | I | ' | r r |
||
| FIXEDASSETS | |||||||
| Re-usable | set parts | ||||||
| CURRENT ASSETS | |||||||
| CAF Gold | 76,404 | 68,740 | |||||
| CAF Cash | 3,000 | 2,971 | |||||
| Barclays | 927 | 532 | |||||
| PayPal | 0 | 0 | |||||
| Shawbrook | 10,075 | 10,000 | |||||
| Casha Cash | Equivalents | 82443 | |||||
| Prepayments | 7,903 | 2,806 | |||||
| Debtors | 0 | 0 | |||||
| TOTAL CURRENT ASSETS | |||||||
| TOTAL ASSETS | |||||||
| CURRENT LIABILITIES | |||||||
| Accruals | 852 | 852 | |||||
| Deferred Revenue | 7,000 | 4,763 | |||||
| Uncleared | Cheques | 0 | 0 | ||||
| 7/52 | 5,615 | ||||||
| TOTAL UABILIAES | 7+52 | 5,615 | |||||
| Reserves | |||||||
| Opening Balance |
79,434 | 70,495 | |||||
| Profit/(Loss) forthe Year | 11,022 | 8,939 | |||||
| 79/34 | |||||||
| TOTAL UABIUllES gr | RESERVES |