DOCUMENT INFORMATION
| DOCUMENT INFORMATION | DOCUMENT INFORMATION |
|---|---|
| Document Title | 2023 Annual Report |
| Document Ref | PMCS/AR/23/001 |
| Document Date | October 2023 |
| Review Date | No Set Review Date |
DOCUMENT CONTROL
| DOCUMENT CONTROL | DOCUMENT CONTROL | DOCUMENT CONTROL |
|---|---|---|
| Version | Date | Comment |
| 001 | Sept 2023 | Document Created |
ANNUAL REPORT
About the Society
The Preston Musical Comedy Society is a Registered Charity, number 1190937. The objects of the Society are to educate the public in the dramatic and operatic arts, and to further the development of public appreciation and taste in the said arts.
The Charity was officially registered with The Charity Commission on 19 August 2020 as a Charitable Incorporated Organisation in line with the decision made at the final Annual General Meeting of the previous charity.
The Society’s first production was The Desert Song in 1954, and since then it has produced over 100 shows and musicals at various theatres in Preston. PMCS prides itself in its professional standards, both on and off stage. Many of the Society’s former members are now enjoying successful careers in television, music and West End Theatre, and the Society is proud to have played a part in helping them achieve their goal. The Society is a member of the National Operatic and Dramatic Association (NODA).
The Executive Committee
The Society is managed by a board of Trustees, elected from the membership at the AGM, known as the Executive Committee. The Executive Committee meet on a regular basis throughout the year.
The Trustees for the last 12 months were as below;
| Name | Appointed | Stood Down | Notes |
|---|---|---|---|
| Burns, Liam James | 17thJan 2022 | - | Vice Chair (from 10thJan 2023) |
| Carter, Ruth Elizabeth | 17thJan 2022 | - | Treasurer (from 10thJan 2023) |
| Connor, Patricia Ann | 29thDec 2022 | - | |
| Hemingway, Samuel James |
29thDec 2022 | 14thSept 2023 | Resigned |
| Hodgson, Paula | 29thDec 2022 | 8thFeb 2023 | Resigned |
| Howard, Mark | 17thJan 2022 | - | Chairman (from 10thJan 2023) |
| Moss, James | 29thDec 2022 | - | |
| Murray, Declan | 29thDec 2022 | - | Secretary |
| Regan, John Edmund | 17thJan 2022 | - | |
| Sanderson, Christine | 17thJan 2022 | - | |
| Twist, Lauren | 15thMay 2023 | - | Co-Opted |
Page 2 of 11
ANNUAL REPORT
ANNUAL GENERAL MEETING 2023
| Date | 16thOctober 2023 |
|---|---|
| Time | 19:00 |
| Venue | Preston Musical Comedy Society HQ, 1 Pittman Court, Fulwood, PR2 9ZG |
AGENDA
-
1) Chairman’s Opening Remarks
-
2) Apologies for absence
-
3) Minutes of Previous AGM
-
4) Trustees Report
-
5) Financial Statements
-
6) Resolutions for Votes by Members
-
7) Resignation of Existing Charity Trustees
-
8) Election of Board of Trustees
-
9) Any Other Business
Appendix 01 Minutes of Previous Meeting Appendix 02 Trustees Report Appendix 03 Balance Sheet (Draft) Appendix 04 Resolutions for Votes by Members
Appendix 05.1 Resigning Members of Board of Trustees Appendix 05.2 Nominations for Board of Trustees
Page 3 of 11
ANNUAL REPORT
APPENDIX 01 - Minutes of Previous AGM
Meeting commenced at 19:35, 29/12/2022
Members Present
Dec Murray, Mark Howard, Eleanor Jolliffe, Hannah Bates, Ruth Carter, Liam Burns, Gemma Burns, Luke Taberer, Lloyd Bamber, Lauren Twist, Patricia Connor, Christine Sanderson, Janet Radcliffe, Frank Radcliffe, Kirsty Chapman, Amy Llewellyn, Lucy Carter, Dave Thomas, Jack Price, Dan Haresnape, Hannah Thurston
Opening Remarks
Ruth welcomed everyone and thanked those present for attending.
Apologies for Absence
Apologies were received from:
Eddie Regan, Jean Regan, James Moss, Samuel Hemingway, Paula Hodgson, Sheena Orchin, Jo Duckworth, Steve Hall, Mark Kendall, Catherine Reid, Philip Tomlinson, Gail Carter, Kate Parkes, Katy Makinson
Minutes of Previous AGM
Minutes were distributed to those present and read. Hannah Thurston pointed out her name was missing from the list of members present. Dec to rectify this in the December 2022 Annual Report and Minutes from the Jan 2022 AGM.
Proposed: Liam Burns Seconded: Janet Radcliffe Motion Carried
Trustees Report
Ruth read out the Trustees Report to the members present.
Proposed: Kirsty Chapman Seconded: Hannah Bates Motion Carried
Financial Report
Ruth read out the Financial Report in lieu of Liam being unwell and not having a voice
Proposed: Patricia Connor Seconded: Janet Radcliffe Motion Carried
Resolutions For Votes by Members
Resolution A – The resolution was read out by Ruth to those present and agreed by all
Proposed: Ruth Carter Seconded: Liam Burns Motion Carried
Resolution B – Ruth read out Resolution B, this was agreed by those present
Proposed: Ruth Carter Seconded: Dec Murray Motion Carried
Appointment of Charity Trustees
Ruth explained the process of the appointment of Charity Trustees and announced the retirement of Patricia Connor, Samuel Hemingway, Paula Hodgson, James Moss, and Declan Murray in line with the Constitution of which all were standing for re-election.
Following the retirement of Trustees, Ruth read out the nominations and as no more than 5 nominations were received, all nominated were duly elected.
Page 4 of 11
ANNUAL REPORT
Proposed: Janet Radcliffe Seconded: Kirsty Chapman Motion Carried
Any Other Business
Dec read out the final nominations for the NODA awards as the Pantomime nominations were sent out during the AGM. The Society have received 19 nominations in total which can be viewed in the news section of our website, and with a current maximum of 12 tickets available per society, the Board of Trustees will discuss options for the Society.
AGM Closed at 20:25
Page 5 of 11
ANNUAL REPORT
APPENDIX 2 - Trustees Report
INTRODUCTION
Welcome to the Annual General Meeting of The Preston Musical Comedy Society.
This report, prepared by the trustees, covers the last 12 months of our charity. During the financial year there was one production - Mother Goose at The Preston Playhouse. It was a fantastic production and well supported by our audiences. Our thanks go to the pantomime production team of Mark Howard (Director), Gemma Burns & Hannah Riordan (Choreography) and Dave Thomas (MD). Thanks also to Carol May and her junior chorus and the rest of the cast, crew and volunteers both backstage and front of house. We were very pleased that The Brian Lawson Award for best Team player was awarded to Lauren Twist for this show.
NODA AWARDS
We were thrilled to be nominated for 8 NODA awards following our successful performances of Mother Goose. We were delighted to receive nominations for Best Female Comedy Performance (Eleanor Jolliffe), Best Villain (Hannah Thurston), Best Dame (Dan Haresnape), Best Leading Performance (Jack Price), Best Choreographer (Gemma Burns & Hannah Riordan), Best MD (Dave Thomas), Best Director (Mark Howard), and Best Pantomime.
In addition we knew nominations for Calendar Girls and Goldilocks but had not received results. We are thrilled to advise that at the Awards Dinner in February 2023, we walked away with the following wins; Best Director (Jane Tudor, Calendar Girls), Best Male Comedy (Ronan Pilkington, Calendar Girls), Best Choreographer (Gemma Burns & Hannah Riordan, Mother Goose), Best MD (Dave Thomas, Mother Goose), and Best Pantomime (Mother Goose). A big well done to everyone who was nominated and those who won.
PMCS SINGERS
Show Choir re-established its rehearsals on Wednesday evenings and again were heavily involved in the Christmas Cavalcade concert at the Playhouse. Thanks go again to Bruce McLaren for taking up the baton for the Choir. The Choir also decided to amend their name to the Preston Musical Comedy Society (PMCS) Singers to try and attract more members.
BOARD OF TRUSTEES UPDATE
The news on the Guildhall took some steps forward with the Court Case between the Council and various interested parties being resolved. This clears the way for the Council to action remedial works and start to look at the management of the space for the future. The BoT have expressed an interest in performing again formally to the Council but await details from them as to timescales. This may take a year. We continue to review potential venues
ANNUAL REPORT
As a User Group for the Playhouse and with a seat on the Board of Trustees the Society continues to support our current principal venue. Ruth represents the Society on the Board and attends regular meetings ensuring the Society’s voice is heard. Dec and Mark continue to represent us on the Playhouse Promotions sub-committee and Mark also sits on the Playhouse Marketing group.
Board members and some other Society Members have also supported some events at the Playhouse providing Front of House Managers, Stewards and Bar Staff at a variety of events. Covering these events assists in the continuity of the Playhouse. Once again any member is welcome to be a volunteer and full training will be given.
Page 6 of 11
ANNUAL REPORT
Due to the increase costs of banking at Barclays the BoT voted to move to NatWest who offered a charge free account plus online banking. Liam set up the account for the CIO and funds were transferred and Barclays account closed.
UPCOMING PRODUCTIONS
The Trustees agreed to apply for the licence to perform The Addams Family at The Playhouse in July 2024. This was following a consultation with the membership. Auditions should take place in early 2024 and the Production Team is currently being arranged.
Looking forward beyond Addams Family, we will be producing the pantomime Cinderella for our 70[th] anniversary.
The Society is nothing without the members and we offer a heartfelt thank you for performing, assisting with make-up, costumes, props, directing, choreographing, singing, Stage Managing, welcoming audience members, serving drinks, selling raffle tickets, running tuck shops, handing out leaflets, attending shows and being a great support.
Keep up your membership and be involved as we head towards the 70[th] Anniversary
Page 7 of 11
ANNUAL REPORT
APPENDIX 03 – BALANCE SHEET
| INCOME AND EXPENDITURE YEAR END 30THJUNE 2023 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2023 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2023 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2023 | |
|---|---|---|---|---|
| CORE CHARITY ACTIVITY |
MOTHER GOOSE | SINGERS | TOTAL | |
| INCOME | ||||
| TICKET SALES | - | 28,576 | - | 28,576 |
| FRONT OF HOUSE INCOME |
- | 3,701 | - | 3,701 |
| ANNUAL MEMBERSHIP SUBSCRIPTIONS |
1,280 | - | - | 1,280 |
| WEEKLY REHEARSAL DONATIONS |
- | 244 | 819 | 1,063 |
| PRODUCTION DONATIONS |
- | 260 | - | 260 |
| DONATIONS AND OTHER INCOME |
1,122 | 61 | - | 1,183 |
| APPAREL SALES | - | 632 | - | 632 |
| PRODUCTION RAFFLES | - | 688 | - | 688 |
| TOTAL INCOME | 2,402 | 34,162 | 819 | 37,383 |
| EXPENDITURE | ||||
| PRODUCTION COSTS | - | 20,486 | 560 | 21,046 |
| MARKETING AND PUBLICITY |
21 | 355 | 13 | 389 |
| FRONT OF HOUSE PURCHASES |
- | 1,919 | - | 1,919 |
| APPAREL PURCHASES | - | 517 | - | 517 |
| INSURANCE | 926 | - | - | 926 |
| NODA SUBSCRIPTIONS | 150 | - | - | 150 |
| RENT | 2,160 | - | - | 2,160 |
| REPAIRS, MAINTENANCE AND CLEANING |
1,389 | - | - | 1,389 |
| REFRESHMENTS | 114 | - | - | 114 |
| ACCOUNTANCY | 1,020 | - | - | 1,020 |
| BANK AND CARD FEES | 131 | 82 | 8 | 221 |
| DEPRECIATION OF EQUIPMENT |
276 | - | - | 276 |
| PRIOR YEAR ADJUSTMENTS |
430 | - | - | 430 |
| MISCELLANEOUS EXPENSES |
616 | 436 | 22 | 1,074 |
| TOTAL EXPENDITURE | 7,233 | 23,795 | 603 | 31,631 |
| SURPLUS/(DEFICIT) | (4,831) | 10,367 | 216 | 5,752 |
| RESERVES BROUGHT FORWARD 1ST JULY 2022 | 34,247 | |||
| TOTAL RESERVES AS AT 30TH JUNE 2023 | 39,999 |
Page 8 of 11
ANNUAL REPORT
APPENDIX 04 – RESOLUTIONS FOR VOTE BY MEMBERS
| RESOLUTION REF | A |
|---|---|
| RESOLUTION | To appoint the financial accountant for The Preston Musical Comedy Society for the upcoming year. The Board of Trustees wish to select McDade Roberts as the accountants for this year following commencing using their services at the last AGM |
| PROPOSED | Liam Burns |
| SECONDED | Eddie Regan |
| RESOLUTION REF | B |
| RESOLUTION | To appoint Angela Vodden Associates as the Hon. Solicitors for the Upcoming Year |
| PROPOSED | Mark Howard |
| SECONDED | Dec Murray |
Page 9 of 11
ANNUAL REPORT
APPENDIX 05.1 – RESIGNING MEMBERS OF THE BOARD OF TRUSTEES
The Preston Musical Comedy Society Constitution states the following:
12. Appointment of Charity Trustees
- (2) At every subsequent annual general meeting of the members of the CIO, half of the charity trustees shall retire from office. If the number of charity trustees is not three or a multiple of five, then the number nearest to five shall retire from office, but if there is only one charity trustee, he or she shall retire;
As such the following trustees will resign:
| NAME | APPOINTED | RESIGNED | NOTES |
|---|---|---|---|
| Burns, Liam | 17thJan 2022 | 16thOctober 2023 | Vice Chair |
| Carter, Ruth | 17thJan 2022 | 16thOctober 2023 | Treasurer |
| Howard, Mark | 17thJan 2022 | 16thOctober 2023 | Chair |
| Regan, John Edmund | 17thJan 2022 | 16thOctober 2023 | |
| Sanderson, Christine | 17thJan 2022 | 16thOctober 2023 | |
| Twist, Lauren | 15thMay 2023 | 16thOctober 2023 |
Following the resignation of the above Trustees, the remaining Trustees are:
| NAME | APPOINTED | RESIGNED | NOTES |
|---|---|---|---|
| Connor, Patricia | 29thDec 2022 | - | |
| Moss, James | 29thDec 2022 | - | |
| Murray, Declan | 29thDec 2022 | - | Secretary |
Page 10 of 11
ANNUAL REPORT
APPENDIX 05.2 – ELECTION OF THE BOARD OF TRUSTEES
The following individuals are standing for appointment/reappointment to The Board of Trustees.
The Preston Musical Comedy Society Constitution states that there may be a maximum of 10 Charity Trustees at any one time.
Nominations were received from the following individuals:
| NAME | NOTES | COUNT |
|---|---|---|
| Burns, Liam | 1 | |
| Carter, Ruth | 2 | |
| Howard, Mark | 3 | |
| Regan, John Edmund | 4 | |
| Riordan, Hannah | 5 | |
| Sanderson, Christine | 6 | |
| Twist, Lauren | 7 |
Page 11 of 11
REGISTERED COMPANY NUMBER: CE023645 (England 3j Wales) REGISTERED CHARrrY NUMBER: 1190937 T1 Prn¥lon Mu¥al Crynody Soc Md)ad9 Flthrts Awjnlants Limilgd Chartered A0VnIanls 316 Blacwol Road FU40(# Prgslon Lanwhire PR2 3AE
Preston Pknlral for the Year Ended 30 )23 Pag Report ol the Trugteeg 1 10 3 Independenl Examlner's Report Slatement of Finoncial Activities Balance Sheet Notes to the Fln•ncl•l Slotem•nts 8 10 14 D•tall•d Stat•m•nt Of FInala1 A¢tl¥lll•s 15 10 16
Preston Pknlral r the Year Ended 30 The Iruslegs who a also d1clOr5 ol Ihe charily lor the purF¥)ses ol the C(Nnpanies Acl 2006, present Iheir report with IhÉ linancial slalemenls ol Ihe charily lor Ihe year ended 30 June 2023. The Iruslees have a(kpled the provisions ol A¢counlin£ and Reporting by Charilies". statenI ol Re¢omnndl Practice applicable lo tharilies preparing their accounls ir accordanee with the Financrdl Reporting snda applicable in ihe UK and Republic ol Ireland IFRS 1021 leffeciive 1 Januao 20191. OBJECTIVES AND ACTNMES Objeclives atvj activities tor Ihe wbllc benefil The Presion Musical Comedy Sooeiy Is a voluntary organisation whose ctieciive is io educate Ihe public in the dramalic anc operatic arts, and to lurther the development ol public 8re¢d11on and lasie in ihe said art The Iruslees confirm Ihal they have relerrgd lo the guidance conlained in Ihe Charity Commisgon's ggngral guidan¢9 or public bgnelil when reviewing Ihe charily's airnE and ¢jeclives and in pLinning lulure aclivi119S. ACHIEVEME AND PEAFORMANCE Slgnttlcanl actlvltles During th¢ yoar ¢nd9d 30 Jun¢ 2023. lh• Sc¢i¢ty pr¢s¢ni¢d on9 prtsJu¢iion, Moih¢r ¢kn in D¢¢•rt4r 2022. FINANCIAL REVIEW Flnanclal overview The charily had a nei surplus lor Ihe year 01 £5,752. Detals are shown on the Slatemenl ol Finanraal Aclivilies on pa S. The not assets ol the GaMy 8130 June 20rJ amouni8d 10 £39,999. R•9èrv• polky Th¢ g¢ngral unrosiri¢t4d resorv¢$ as ai th• ond £39,993. It 1$ Iho ini¢niKJn of thg Iru$100$ 10 maIn1n unrssiri¢i8c lund$10 ¢ov•r Ihe ¢osi ol th¢ n¢xl pfLxlueiion and any unlor¢se•n liabilities and Ihis has always boon mi. STRUCTURE, GOVERNANCE AND MANAGEMEP Governlng document The charity is controlléd by ils governing (tr>wnI, a deed ol INSI, and conaitutes a limited company, limiled by guarantee as defined by the Companies Aci 26. Charlty ¢onstltutlon The charily's governing Lloeumoni is by ¢on$iilulion adq)1od in 0Mbr 2019. Tho Charity was ont¢rfjd onio Ihg Rogisior o Chariligs on 191h August 202Q. Trust88slEx8¢utivg Commlttee Unrkr Ihg Conslilulion al th9 lirsl annual g9neraJ meeling of Ihe CIO all the tharity Irusig9s shall relire from ollicg. Al 9Vgn subsequenl annual general meeling ham of the charity trustees shall Ir(Nn olli. The charity is adminislered and managed by the Irustees and exisiing trustees ac£epl Ihe (*ligation lo lully inform nem Irus199s 01 the duties and rgsponsibililies of tharily Iruslg95 by prowding Ihe new Irust99 wilh c(¥ies ol the govgrnin inslrLJmenl, minulgs ol previous Irusleo rneelings. re¢4nl annual aoUn1$. and Ihe relgvant Charily Commission publicalior r91aling lo Ihe responsibililigs ol Iruslees. During the year ended 30 June 20Z3 the Scoely had 43 Adutt ntsr9, 2 thJnKsr (non volingl members and 8 Honorary LilÉ member REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company number CE023645 (England and Wales) Paje I
Preston Pknlral r the Year Ended 30 Registered Chority number 1190937 Registered office I PiNman Court Piiiman Way Fulwood Preston Lancs PR2 9ZG Truslee$ Mrs R E Carter Tasurer IFormerfy Chaimanl laEy)inted 10.1.231 J E Regan President M Howard Chairman IFonrnrty Vico Chaimianl laroointthj 10.1.231 D Murray Secretary Mrs P A Connor Treasurer L J Bums Vice Chainman (Formerly Treasurer) lapp)inled 10.l.fdl S J Hemingway Trustee (resigned 14.9.Z31 J Moss Trusieo Miss C Sanderson Tru¢& Miss P HoikJson Truslee laFpoinled 28.7.221 Ireggned 8.2.23 Mrs L Tw61 Trustee laFwinled 15.5.231 Independent Examlner Martin Garry BA (Honsl, FCA Mcoade Roberts Accountsnls Limiled Charlered Accounianls 316 8la¢kpool Fload Fulwood Proslon Lancashire PR2 3AE Honorary Sollcllor Dr Angela Vocklen Angèla Vodden Associaies Consutting Lid 9 Bartl¢ Court Businoss Contre Rosemary Lane Bartle Preston PR4 OHF Admln19trator Mr Declan Murray 1 Pillman Q)LJrt, Pillman Way, Fulwood. Preston PR2 9ZG IW1012CWJ Apyroved by ord9r ol th9 board ol Irustges on ............................................. and signgd on its behalf by.. Paje 2
Preston Pknlral r Ihe Year Ended 30 (¢A S 64rf¢¢ Mrs Fl E Carter- Trustee Paje 3
n(nt Exam1$ rtto ts Trustees of The Pre#on Muslcal ¢[dY Soclety Indepervjenl examinerfs report to the trustees ofThe Preston Musical Comedy Society Ilhe CompanW) I report lo Ihe charity Iruslees on my examinalion ol the ac£ounls ol the Company lor Ihe year ended 30 June 2023. Responsibiliti and basis ol report As the charity's Iruslees ol Ihe Corryany land also ils directors lor Ihe pury)oses ol company lawl you a responsible lor IhÉ preparation ol the accounts in accordan with the requiremenis ol the Companies Aci 20061'the 2006 Act'l. Having satisfied myseK Ihal the COUn¢$ ol Ihe Cofrpany are nol required to be audiled under Pari 16 01 the 2rA]G Acl and arf eligible lor indepondenl examination, I report in resF4d ol my exarninalion ol your charity's a01$ as carried oul undei Seclion 145 01 thg Charities 2011 Ilhe 2011 Ad'l. In Carrying oul rny gxaminalion I have lollowed Ihg Diren$ given bi the Charity Commisgon under Section 145151 Ibl ol the 2011 Acl. Independgnt examingrfs ststement I have wmpleled my examinalion. I conlimi Ihal no mallers have me lo my allenlion in ¢onneclion with the examinalior giving me cause to believe.. accounting recLJrds were noi kept in respeci ol Ihe Company as required by Section 386 01 Ihe 2006 Act,. or Ihe accounls do nol ac£ord wlh those recKJrds; or Ihe accounts do nol comply wilh Ihg accKJunling requiremenls of Seclion 396 01 the 21)06 Act olher than ani requirennl that Ihe arxounls give a Irue and lair view whith is r1 a maller InSidered as part ol an indepefflden examinaiion., or Ihe accounis have not b8en prepared in aeeordance wth tho methods and principles ol the Siaiem6nt o Recommènded Praciico lor aeeouniing and feporting by charities I8111t8bIÈ 10 eharilies preparing thoir a(Lounis ir accordance with the Financial Reporting Standard awlicable in Ihe UK and Republic ol Ireland IFRS 10211. I have no concems and have come across no other mallers in connec11 wilh Ihe examinalion lo which allenlion should bf drawn in thi$ rsport in ord•r 10 •nabl• a prcp•r und•rstanding ol th• a¢¢ounts io b• r•ach4d. Martin Garry BA IHonsl, FCA Mcoade Rotrts Accountsnls Limiled Changr9d Acwunlanls 316 8la¢kpwl Fload Fulwood Preston Lancashire PR2 3AE Dale.. 16.10. 2029 Paje 4
Preston Pknlral r the Year Ended 30.6.23 30.6.22 Total funds Unre5trictE£I fund Noles INCOME AND ENDOWMENTS FROM Donations alld legacies 3,786 2,887 Charilabl8 activitigs Box ollice Advertising and page sponsorsh¥i Froni ol house income arel Sales 28,576 37,746 1,115 3,769 898 3,701 632 Qlh9r trading aclivilies 688 1,217 Total 37,383 47,632 EXPENDThURE ON Charitable activitlèg Scenery, props and costumes Floyalligs, performing righls, PRS DireclorlMDIChorgograph9r Publicity Programmes, lickets and lickel comm 8iinflria8 Hire ol Ihealre Fronl ol house pur¢has9S Appargl purchases Flepairs and newa1$/cleanIng Relreshmenis 8ank charges NODA Insurance NODA Subscrplions Rental ol pmiseS Depreciation ol equpmenl 8SL Iniorpreier 14,S04 639 2,660 389 17,393 4,353 5,980 1,229 745 2.705 1,919 517 1,389 114 221 926 150 2,160 276 538 4,320 865 502 90 99 714 140 2,160 347 other 1.020 1,824 Total 31,631 42,949 INCOME 5,752 4,683 RECONCILIATK)N OF FUNDS Tolal funds brought forward 34,247 TOTAL FUNDS CARRIED FORWARD 39,999 34,247 The ncles form part of tW finanThal statements PaJe 5
Preston Pknlral 30.6.23 30.6.22 Total funds Unre5trictE£I fund Noles FIXED ASSETS Tangible assets 276 CURRENT ASSEts Debtors Cash al bank and in hand 3,272 37,516 39,183 43,667 40,788 CREDITORS Amounis falling due within ono year 13,6681 16,8171 NET CURRENT ASSETS 39,999 33,971 TOTAL ASSEfs LESS CURRE LIABILMES 39,999 34,247 NET ASSETS 39.999 34.247 FUNDS Unresiriagd lunds 39.999 34,247 TOTAL FUNDS 39.999 34.247 The charilablg ¢ornpany is en111d lo exerrplion Irom aLKlil undgr S9clion 477 01 Ihg CorrpanBs ki 2006 lor Ihe y9ar end9( 30 June 20. The members have not required Ihe company io cknlain an audl of ils linancial alemenls lor Ihe year ended 30 June 2023 ir accordanc9 wlh Sgclion 476 01 Ihg Compani9s kl 2006. The Irustees acknowledge their responsililies lor lal ensuring Ihat the chariiable conwany keeps wxounling rerdS ihal (t)nyly with SeclKJns 386 and 367 01 IhÉ Companies Act 2006 and preparing financial siatemenis whith gwe a true and lair view ol the sle ol allairs ol Ihe charitable company as al IhÉ end ol each financial year and ol its Su1V$ or delicrt lor each linanoal year in aordanCe wilh the reqLJiremenls o SedK)ns 394 and 395 and which 01heiSe comply wilh the qUirenIS ol Ihe Compan*s Act rglaling l( linanckil stalemenls so lar as aFfJlicable lo the tharilable cowpany. Ibl The ncles form part of tW finanThal statements Page 6 ccrtinued...
Preston Pknlral ne 2023 These linancial statemenls have been prepad in aceordance with the provisons ap¥)11(2b to charthle companies subjec lo the small companies regime. 16111W2023 The linancial slalerrents were aFprove(I by Ihe Board ol Truslees and aulhorised lor issue on and were signed on ils behalf by". E4tA S 64ttrt R E Car1er- Trustee The ncles form part of tW finanThal statements PaJe 7
Preston Pknlral r the Year Ended 30 2023 ACCoUNG POLICIES Basis of preparing the financial statements The linancial staiemenis ol the charitable (xjmpany, is a public benelrt entity under FRS 102, have beer prepad in accordance wlh the Chanlies SORP IFRS 1021 'Accouniing and Reporting by Charities." Statement o Recommended Practice atplicable io charities preparing their aceounis in accordance with Ihe Financial Reportin Standard appli¢ab19 in the UK and Republic ol Ireland IFRS 1021 leffective 1 January 20191., Financial Reporlinc Standard 102 'Thg Financial Rgporting Standard aR)licable in the UK and Republic of Irgland and Ihg Companies 2006. The financial slalernnls have been prepared under the hi8lorical cosl convention. Going concem The linancial siaiements have been prepared on a ty)ing coneem basts as the trusiees believe that no maleria uncertainties exist. The Irusiees have eonsidered Ibe level ol lund9 held and Ihe expecied level ol income an( oxpendrture lor 12 months from aulhorising Ihese Iinancrdl staiemenis. The buLtyied inCMe and expendilure i< sullicienl wilh Ihe Ve1 ol reseNes lor the charity lo be able lo conlinue as a going concern. Crlllcal a¢¢ountlng judgement¥ and key sources ol estlmatk>n uncertalnty No judgemenls have been madg in Iho prwess ol applying Ihe above accoLJnting poliogs. Ther9 havg b99n no kol assumplions conc6rning the lulure or other key sources ol eslimalion uncertainly al Ihe reporting dale Ihal would havE signilicanl risk ol causing a malerial adjustnnl lo the carrying amounts ol assels and liabilities within Ihe nex financial year. Income All inenmino ra8ailrc Ara InrJLi¢IAd in th& 8IAlomeni (Jl FinAn(YAI Ae.livilio9 18()FAI whAn Iho c.harily 18 IAOAIIY Anlillac lo Ihe income after any performance condilions have been mei, Ihe amount can be measured reliably and il i< prc4)able Ihal the incom9 will be received. For donations lo be recognised the charily will have ten noirfigd ol Ihg amounls and the selllemgnl dalg in writing. I there are conditions aiiached 10 the donation and Ihis r&]uires a level ol pertormance belore en111men1 can bÉ ¢ttained, Ihen income is delerred uniil those eondilions are lully mei or Ihe lullilmeni ol Ihose conditions is within Iht (xnirol ol the d)ariiy and il 1$ prcd)le Ihai Ihey 11 be lullilled. No amount is included in the financial slalemenls lor w)lunleer lime in line th the SOFIP IFRS 1021. Further dglail li given in Ihe Truslees, Annual ReFQrt. Ineomè Irom trading aciivilies indud&s Ineome èamed Irom lundrai&ng evènts and trading activilies to raise funds loi the charrty. Ineome is r¢eeNèd in Qxchanw lor suN)lying tyxKts and s¢N¢os in ord¢r 10 rais¢ funds and is ro¢ogniso¢ when enlrflemenl has cr£urred. ExpwrKlituro AII gXP9ndilLJrg is a¢coun19d lor on an auxuals bass and has been dassld under h9adings Ihal aggrega19 all ¢osl laled lo Ihe category. Expenditure LS r8)yJnised where Ihere is a legal or constructive obloalion lo make paymen1¢ lo third parlies, il is prc*Jable that the Settmen1 will be requir and Ihe amount ol Ihe (t)ligalion can be measu( reliably. Delailgd analyses ol Ihe expgndilure are prowded in Ihg nolgs lo Ihe accounts. Irrecoverable VAT is charged as an expense against Ihe afANity lorwhith eynditure arose. Page 8 continued...
Preston Pknlral for the Year Ended 30 X)23 ACCoUNG POLICIES. continued Tangible fixed assets Tangible fixed assets are stated al cosl lor deemed costl or valuation less a(tumulaled depreoalion and accumulalec impaimient losses. Cost includes co$ directly attribuiable to maknng Ihe asset capable ol cperating as iniended Depreciation is provided on al tangb* fixed assets, at rates calculaied 10 WTlte OH the $1, less estimaied residua value, ol ga¢h asset on a syslemalic basis over ils eX1¢d useful lile as lollows.. Equipmgnl- Slraighl ling over 10 years Taxalion The charily 6 exempl Irorn COrp)ralK lax on its charitable adNilies. Fund accounting Unreslricled lunds are available lor use al the di%relion ol Ihe Iruslees in lurtheran¢x ol Ihe general cknjeclives ol IhE charily and which have nol been d8ggnaled lor olher purposes. Designated funds cgmprise UnresirtQd lunds thal have been sei aside by Ihe IruslOeS lor partiuJ&r purposes. Th( aim and use ol each designa19d fund o sgt oul in lh9 notes to th9 linan¢val slatemenls. Reslricled funds are lunds which are lo be used in ac(x)rdance with specific reslriclions iwwsed by donors or whic have been raised by Ihe charrty lor particular purposes. The $1 ol raising and administering such funds are chargec against th9 SF4olr lund. Thg aim and use of ga¢h resiricled lund is sel oul in Ihg nolgs lo Ihe linancwl sla19menls. Dèbtois and crèdllors rac01va0 I payablo w61hSn onè yèar Debtors and crediiors wilh no siaied Inter raie and receivable or payable wilhin one year arg rgcorded al Iransa¢lior Pr0. Any losses arising from impairrnenl are reccgnised in expendilurg. OTHER TRADING AcnvmES 30.6.23 30.6.22 ProJuclion rallles 688 1,217 NET INCOMEIIEXPENDrruRE) Nel in¢onwllgXP9ndilur•l is aii¢r ¢hargintyIcTl1lng).' 30.6.23 30.6.22 Depciall0n - owned assels 276 347 Page 9 continued...
Preston Pknlral for the Year Ended 30 X)23 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remunerth'on or olher t*nefils lor Ihe year enthd 30 June 21)23 nor lor the year ende 30 June 2022. Trustg9$' gxpgns8$ Therg W9re no Iruslees. 9ynses paid lor the year endgd 30 Jun9 2023 nor lor the year endgd 30 Jung 2022. COMPARATIVES FOR THE STATEME OF FINANCIAL ACTlVtllES Unrestrict fund INCOME AND ENDOWMENTS FAOM Donalions and gaCleS 2,887 Charitable actlvitl•g Box ollice Adver1ising and page Sponrship Froni ol house income Appargl Sa19S 37,746 1,11S 3,769 898 Olh9r Irading activilies 1,217 Tol81 47.632 EXPENDrruRE ON Charitable actlvitlo¥ S¢enery, prry and wslum9S Roya1119s, perforrning righls, PRS Dir8clorlMDIChoreogr8pher Publioiy PrograMrn, lickels and trkel comm SLJndries Hiro ol Ihgalre Fronl ol house purchases Apparel purchases Repairs and renewalsldeaning Relreshmenis Bank charges NODA Insurance NODA Subscriplions Rental ol premises Depreciation ol equipmeni 17,393 4,353 1,229 745 626 4,320 1,562 865 502 90 99 714 140 2.160 347 Olher 1,824 Total 42,949 INCOME Pag2 10 continued...
Preston Pknlral for the Year Ended 30 X)23 COMPARATIVES FOR THE STATEME OF FINANCIAL ACTlVtnES- continued Unrestiict funLI RECONCILIATION OF FUNDS Tolal funds brought forward 29,564 TOTAL FUNDS CARRIED FORWARD 34,247 TANGIBLE FIXED ASSErs Equiprront OST Al 1 July 2022 and 30 Jun9 2023 797 DEPRECIATION Al 1 July 2022 Charge for year 521 276 At 30 June 2023 797 NET 800K VALUE AI 30 Jung 2023 AI 30 June 2022 276 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 30.6.23 30.6.22 rued income Prgpayrnenls 241 4,243 302 2,970 4,484 3,272 Pag211 continued...
Preston Pknlral for the Year Ended 30 X)23 CREDITORS: AMOUTr¥tS FALUNG DUE wrrHIN ONE YEAR 30.6.23 30.6.22 rued expenses 3,668 6,817 MOVEMENT IN FUNDS Net movement in funds At 30.6.23 Al 1.7.22 Unrgslriclod funds General lund 34,247 5,752 39,999 TOTAL FUNDS 34,247 5,752 39,999 Nel m¢vem9ni in funds, indud9d in Ihg at*)ve ao as lollows.. Incomir rexjurces Movernent In funds exKendeLI Unregtrlcted lundg r.?onorAI liind TOTAL FUNDS 37,383 131.6311 5,752 Comporatlvo$ for movement In fund$ Net movement in fun(Js At 30.6.22 Al 1.7.21 Unregtrlcted funds General fund 4,683 34,247 TOTAL FUNDS 4,683 34,247 Pag2 12 continued...
Preston Pknlral for the Year Ended 30 X)23 MOVEMENT IN FUNDS - continued Q)mparative nel fflovemenl in funds, includgj in the ab)ve are as loll¢)ws: In(x)ming rexjur Moveffl8nt in funds exrende UnrgStrict8d fund¥ General fund 47.632 142,9491 4,683 TOTAL FUNDS 47.632 142,9491 4,683 A current year 12 month$ and prior year 12 months CnbIn¢d 1$ as lollow$'. Net movement In fund5 At 30.6.23 Al 1.7.21 Unrestrlcted lundg General lund 10,435 39,999 TOTAL FUNDS A currenl year 12 rnonlhs and prior year 12 monlhs rnbined nel movgmenl in lunds. included in the above are follows.. IncomitvJ resources Movemenl in funds exn(Ye Unrestrl¢t•d lund$ Ggneral lund 85,015 (74,5801 10,435 TOTAL FUNDS 85,015 174,5801 10,435 Pag2 13 continued...
Preston Pknlral for the Year Ended 30 X)23 10. RELATED PAFfpi DfscLOSURES There were no rekted paty Iransaclions lor the year ended 30 June 2023. 11. INCOMEI(EXPENDITURE) BY SHOW pmcs Singers Ygar Ended a0.(.23 Ih9r G( Olher Income DonalKJns and legacies Charitable aetivilies Olh9r trading activi.e$ 565 819 2,402 3.786 32.9J9 Tolal Income 34,162 819 2.402 37. Expenditure Charitable activit$ and productions rd,795 7.233 31.1 Total exFendilure ¥8,795 7.233 31.631 Nei ineomelleyndilur81 10.367 216 14.8311 S.752 Comparative perKsd". Cal$ndar Girf$ Show Choir Y¢ar Endgd 30.06.22 )Idilocks Oihgr Income DonalnS and legacies Charitable aclivilifjs Oih9r Irading a¢tiviligs 167 28,931 892 14.597 2.887 43.S28 1.217 Tolal Income 16,121 1,344 47,632 Expenditure Charilablg aclivilws and productions 20.647 16.7 5,915 42,949 Total expendilure 20,647 I6,7 5,915 42,949 Nel inmellendrtUreI 114 104 14,5711 Page 14
Preston Pknlral for the Year Ended X)23 30.6.23 30.6.22 INCOME AND ENDOWMENTS Donations and legacles Other donations Annual membership SUbript)n$ W99kly rghearsal donations Produclion donalions Room Hire Equipment Hire Miscellaneous IncL)me 97 1,280 1,063 260 400 124 1,220 1,003 540 666 3.786 2,887 othgr tradlng acllvltl•s Produclion ralllgs 688 1,217 Charllable •ctlvitl•s Box Ollice Adver1ising and page sponsorshp Fronl ol house income AFFarg1 sa19S 28,576 37,746 1,115 3,769 898 3,701 632 32.909 43.528 Total Incomlry re¥our¢e¥ 37,383 47,632 EXpENDURE Charltab10 •¢tbvttl•s Sundri9S NODA Insurance NODA Subscrplions Rental ol premises enory. props and coslum9S Floyalligs, performing righls, PRS Dirs¢iorlMDIChorgographer Publicity Programmes, lickets and lickel commissi( Hire ol Theat Fronl ol hous9 purchas9S ar91 pur¢hases Flelreshmenls Repairs & renewalslcleaning BSL Inierpreter Carried lorward 1.504 926 150 2,160 14,504 639 2.660 389 626 714 140 2,160 17,393 4,353 5,980 1,229 745 4,320 1,562 865 90 502 2,705 1.919 517 114 1,389 538 30,114 40,679 Th p4e (JD&F of the 5talutL¥y finavra1 slatEYnerts Page 15
Preston Pknlral for the Year Ended X)23 30.6.23 30.6.22 haritable actbvitks Brought forward Planl anol ma¢hinery 30,114 276 40,679 347 30,390 41,026 Support costs Finance Bank charges 221 99 Go¥grnance costs Actounlancy and gaI lees 1,020 1,824 Tolal resources exnded 31,631 42,949 Net Income 5,752 4,683 Th p4e (JD&F of the 5talutL¥y finavra1 slatEYnerts Page 16
REGISTERED COMPANY NUMBER: CE023645 (England 3j Wales) REGISTERED CHARrrY NUMBER: 1190937 T1 Prn¥lon Mu¥al Crynody Soc Md)ad9 Flthrts Awjnlants Limilgd Chartered A0VnIanls 316 Blacwol Road FU40(# Prgslon Lanwhire PR2 3AE
Preston Pknlral for the Year Ended 30 )23 Pag Report ol the Trugteeg 1 10 3 Independenl Examlner's Report Slatement of Finoncial Activities Balance Sheet Notes to the Fln•ncl•l Slotem•nts 8 10 14 D•tall•d Stat•m•nt Of FInala1 A¢tl¥lll•s 15 10 16
Preston Pknlral r the Year Ended 30 The Iruslegs who a also d1clOr5 ol Ihe charily lor the purF¥)ses ol the C(Nnpanies Acl 2006, present Iheir report with IhÉ linancial slalemenls ol Ihe charily lor Ihe year ended 30 June 2023. The Iruslees have a(kpled the provisions ol A¢counlin£ and Reporting by Charilies". statenI ol Re¢omnndl Practice applicable lo tharilies preparing their accounls ir accordanee with the Financrdl Reporting snda applicable in ihe UK and Republic ol Ireland IFRS 1021 leffeciive 1 Januao 20191. OBJECTIVES AND ACTNMES Objeclives atvj activities tor Ihe wbllc benefil The Presion Musical Comedy Sooeiy Is a voluntary organisation whose ctieciive is io educate Ihe public in the dramalic anc operatic arts, and to lurther the development ol public 8re¢d11on and lasie in ihe said art The Iruslees confirm Ihal they have relerrgd lo the guidance conlained in Ihe Charity Commisgon's ggngral guidan¢9 or public bgnelil when reviewing Ihe charily's airnE and ¢jeclives and in pLinning lulure aclivi119S. ACHIEVEME AND PEAFORMANCE Slgnttlcanl actlvltles During th¢ yoar ¢nd9d 30 Jun¢ 2023. lh• Sc¢i¢ty pr¢s¢ni¢d on9 prtsJu¢iion, Moih¢r ¢kn in D¢¢•rt4r 2022. FINANCIAL REVIEW Flnanclal overview The charily had a nei surplus lor Ihe year 01 £5,752. Detals are shown on the Slatemenl ol Finanraal Aclivilies on pa S. The not assets ol the GaMy 8130 June 20rJ amouni8d 10 £39,999. R•9èrv• polky Th¢ g¢ngral unrosiri¢t4d resorv¢$ as ai th• ond £39,993. It 1$ Iho ini¢niKJn of thg Iru$100$ 10 maIn1n unrssiri¢i8c lund$10 ¢ov•r Ihe ¢osi ol th¢ n¢xl pfLxlueiion and any unlor¢se•n liabilities and Ihis has always boon mi. STRUCTURE, GOVERNANCE AND MANAGEMEP Governlng document The charity is controlléd by ils governing (tr>wnI, a deed ol INSI, and conaitutes a limited company, limiled by guarantee as defined by the Companies Aci 26. Charlty ¢onstltutlon The charily's governing Lloeumoni is by ¢on$iilulion adq)1od in 0Mbr 2019. Tho Charity was ont¢rfjd onio Ihg Rogisior o Chariligs on 191h August 202Q. Trust88slEx8¢utivg Commlttee Unrkr Ihg Conslilulion al th9 lirsl annual g9neraJ meeling of Ihe CIO all the tharity Irusig9s shall relire from ollicg. Al 9Vgn subsequenl annual general meeling ham of the charity trustees shall Ir(Nn olli. The charity is adminislered and managed by the Irustees and exisiing trustees ac£epl Ihe (*ligation lo lully inform nem Irus199s 01 the duties and rgsponsibililies of tharily Iruslg95 by prowding Ihe new Irust99 wilh c(¥ies ol the govgrnin inslrLJmenl, minulgs ol previous Irusleo rneelings. re¢4nl annual aoUn1$. and Ihe relgvant Charily Commission publicalior r91aling lo Ihe responsibililigs ol Iruslees. During the year ended 30 June 20Z3 the Scoely had 43 Adutt ntsr9, 2 thJnKsr (non volingl members and 8 Honorary LilÉ member REFERENCE AND ADMINISTRATIVE DEfAILS Registered Company number CE023645 (England and Wales) Paje I
Preston Pknlral r the Year Ended 30 Registered Chority number 1190937 Registered office I PiNman Court Piiiman Way Fulwood Preston Lancs PR2 9ZG Truslee$ Mrs R E Carter Tasurer IFormerfy Chaimanl laEy)inted 10.1.231 J E Regan President M Howard Chairman IFonrnrty Vico Chaimianl laroointthj 10.1.231 D Murray Secretary Mrs P A Connor Treasurer L J Bums Vice Chainman (Formerly Treasurer) lapp)inled 10.l.fdl S J Hemingway Trustee (resigned 14.9.Z31 J Moss Trusieo Miss C Sanderson Tru¢& Miss P HoikJson Truslee laFpoinled 28.7.221 Ireggned 8.2.23 Mrs L Tw61 Trustee laFwinled 15.5.231 Independent Examlner Martin Garry BA (Honsl, FCA Mcoade Roberts Accountsnls Limiled Charlered Accounianls 316 8la¢kpool Fload Fulwood Proslon Lancashire PR2 3AE Honorary Sollcllor Dr Angela Vocklen Angèla Vodden Associaies Consutting Lid 9 Bartl¢ Court Businoss Contre Rosemary Lane Bartle Preston PR4 OHF Admln19trator Mr Declan Murray 1 Pillman Q)LJrt, Pillman Way, Fulwood. Preston PR2 9ZG IW1012CWJ Apyroved by ord9r ol th9 board ol Irustges on ............................................. and signgd on its behalf by.. Paje 2
Preston Pknlral r Ihe Year Ended 30 (¢A S 64rf¢¢ Mrs Fl E Carter- Trustee Paje 3
n(nt Exam1$ rtto ts Trustees of The Pre#on Muslcal ¢[dY Soclety Indepervjenl examinerfs report to the trustees ofThe Preston Musical Comedy Society Ilhe CompanW) I report lo Ihe charity Iruslees on my examinalion ol the ac£ounls ol the Company lor Ihe year ended 30 June 2023. Responsibiliti and basis ol report As the charity's Iruslees ol Ihe Corryany land also ils directors lor Ihe pury)oses ol company lawl you a responsible lor IhÉ preparation ol the accounts in accordan with the requiremenis ol the Companies Aci 20061'the 2006 Act'l. Having satisfied myseK Ihal the COUn¢$ ol Ihe Cofrpany are nol required to be audiled under Pari 16 01 the 2rA]G Acl and arf eligible lor indepondenl examination, I report in resF4d ol my exarninalion ol your charity's a01$ as carried oul undei Seclion 145 01 thg Charities 2011 Ilhe 2011 Ad'l. In Carrying oul rny gxaminalion I have lollowed Ihg Diren$ given bi the Charity Commisgon under Section 145151 Ibl ol the 2011 Acl. Independgnt examingrfs ststement I have wmpleled my examinalion. I conlimi Ihal no mallers have me lo my allenlion in ¢onneclion with the examinalior giving me cause to believe.. accounting recLJrds were noi kept in respeci ol Ihe Company as required by Section 386 01 Ihe 2006 Act,. or Ihe accounls do nol ac£ord wlh those recKJrds; or Ihe accounts do nol comply wilh Ihg accKJunling requiremenls of Seclion 396 01 the 21)06 Act olher than ani requirennl that Ihe arxounls give a Irue and lair view whith is r1 a maller InSidered as part ol an indepefflden examinaiion., or Ihe accounis have not b8en prepared in aeeordance wth tho methods and principles ol the Siaiem6nt o Recommènded Praciico lor aeeouniing and feporting by charities I8111t8bIÈ 10 eharilies preparing thoir a(Lounis ir accordance with the Financial Reporting Standard awlicable in Ihe UK and Republic ol Ireland IFRS 10211. I have no concems and have come across no other mallers in connec11 wilh Ihe examinalion lo which allenlion should bf drawn in thi$ rsport in ord•r 10 •nabl• a prcp•r und•rstanding ol th• a¢¢ounts io b• r•ach4d. Martin Garry BA IHonsl, FCA Mcoade Rotrts Accountsnls Limiled Changr9d Acwunlanls 316 8la¢kpwl Fload Fulwood Preston Lancashire PR2 3AE Dale.. 16.10. 2029 Paje 4
Preston Pknlral r the Year Ended 30.6.23 30.6.22 Total funds Unre5trictE£I fund Noles INCOME AND ENDOWMENTS FROM Donations alld legacies 3,786 2,887 Charilabl8 activitigs Box ollice Advertising and page sponsorsh¥i Froni ol house income arel Sales 28,576 37,746 1,115 3,769 898 3,701 632 Qlh9r trading aclivilies 688 1,217 Total 37,383 47,632 EXPENDThURE ON Charitable activitlèg Scenery, props and costumes Floyalligs, performing righls, PRS DireclorlMDIChorgograph9r Publicity Programmes, lickets and lickel comm 8iinflria8 Hire ol Ihealre Fronl ol house pur¢has9S Appargl purchases Flepairs and newa1$/cleanIng Relreshmenis 8ank charges NODA Insurance NODA Subscrplions Rental ol pmiseS Depreciation ol equpmenl 8SL Iniorpreier 14,S04 639 2,660 389 17,393 4,353 5,980 1,229 745 2.705 1,919 517 1,389 114 221 926 150 2,160 276 538 4,320 865 502 90 99 714 140 2,160 347 other 1.020 1,824 Total 31,631 42,949 INCOME 5,752 4,683 RECONCILIATK)N OF FUNDS Tolal funds brought forward 34,247 TOTAL FUNDS CARRIED FORWARD 39,999 34,247 The ncles form part of tW finanThal statements PaJe 5
Preston Pknlral 30.6.23 30.6.22 Total funds Unre5trictE£I fund Noles FIXED ASSETS Tangible assets 276 CURRENT ASSEts Debtors Cash al bank and in hand 3,272 37,516 39,183 43,667 40,788 CREDITORS Amounis falling due within ono year 13,6681 16,8171 NET CURRENT ASSETS 39,999 33,971 TOTAL ASSEfs LESS CURRE LIABILMES 39,999 34,247 NET ASSETS 39.999 34.247 FUNDS Unresiriagd lunds 39.999 34,247 TOTAL FUNDS 39.999 34.247 The charilablg ¢ornpany is en111d lo exerrplion Irom aLKlil undgr S9clion 477 01 Ihg CorrpanBs ki 2006 lor Ihe y9ar end9( 30 June 20. The members have not required Ihe company io cknlain an audl of ils linancial alemenls lor Ihe year ended 30 June 2023 ir accordanc9 wlh Sgclion 476 01 Ihg Compani9s kl 2006. The Irustees acknowledge their responsililies lor lal ensuring Ihat the chariiable conwany keeps wxounling rerdS ihal (t)nyly with SeclKJns 386 and 367 01 IhÉ Companies Act 2006 and preparing financial siatemenis whith gwe a true and lair view ol the sle ol allairs ol Ihe charitable company as al IhÉ end ol each financial year and ol its Su1V$ or delicrt lor each linanoal year in aordanCe wilh the reqLJiremenls o SedK)ns 394 and 395 and which 01heiSe comply wilh the qUirenIS ol Ihe Compan*s Act rglaling l( linanckil stalemenls so lar as aFfJlicable lo the tharilable cowpany. Ibl The ncles form part of tW finanThal statements Page 6 ccrtinued...
Preston Pknlral ne 2023 These linancial statemenls have been prepad in aceordance with the provisons ap¥)11(2b to charthle companies subjec lo the small companies regime. 16111W2023 The linancial slalerrents were aFprove(I by Ihe Board ol Truslees and aulhorised lor issue on and were signed on ils behalf by". E4tA S 64ttrt R E Car1er- Trustee The ncles form part of tW finanThal statements PaJe 7
Preston Pknlral r the Year Ended 30 2023 ACCoUNG POLICIES Basis of preparing the financial statements The linancial staiemenis ol the charitable (xjmpany, is a public benelrt entity under FRS 102, have beer prepad in accordance wlh the Chanlies SORP IFRS 1021 'Accouniing and Reporting by Charities." Statement o Recommended Practice atplicable io charities preparing their aceounis in accordance with Ihe Financial Reportin Standard appli¢ab19 in the UK and Republic ol Ireland IFRS 1021 leffective 1 January 20191., Financial Reporlinc Standard 102 'Thg Financial Rgporting Standard aR)licable in the UK and Republic of Irgland and Ihg Companies 2006. The financial slalernnls have been prepared under the hi8lorical cosl convention. Going concem The linancial siaiements have been prepared on a ty)ing coneem basts as the trusiees believe that no maleria uncertainties exist. The Irusiees have eonsidered Ibe level ol lund9 held and Ihe expecied level ol income an( oxpendrture lor 12 months from aulhorising Ihese Iinancrdl staiemenis. The buLtyied inCMe and expendilure i< sullicienl wilh Ihe Ve1 ol reseNes lor the charity lo be able lo conlinue as a going concern. Crlllcal a¢¢ountlng judgement¥ and key sources ol estlmatk>n uncertalnty No judgemenls have been madg in Iho prwess ol applying Ihe above accoLJnting poliogs. Ther9 havg b99n no kol assumplions conc6rning the lulure or other key sources ol eslimalion uncertainly al Ihe reporting dale Ihal would havE signilicanl risk ol causing a malerial adjustnnl lo the carrying amounts ol assels and liabilities within Ihe nex financial year. Income All inenmino ra8ailrc Ara InrJLi¢IAd in th& 8IAlomeni (Jl FinAn(YAI Ae.livilio9 18()FAI whAn Iho c.harily 18 IAOAIIY Anlillac lo Ihe income after any performance condilions have been mei, Ihe amount can be measured reliably and il i< prc4)able Ihal the incom9 will be received. For donations lo be recognised the charily will have ten noirfigd ol Ihg amounls and the selllemgnl dalg in writing. I there are conditions aiiached 10 the donation and Ihis r&]uires a level ol pertormance belore en111men1 can bÉ ¢ttained, Ihen income is delerred uniil those eondilions are lully mei or Ihe lullilmeni ol Ihose conditions is within Iht (xnirol ol the d)ariiy and il 1$ prcd)le Ihai Ihey 11 be lullilled. No amount is included in the financial slalemenls lor w)lunleer lime in line th the SOFIP IFRS 1021. Further dglail li given in Ihe Truslees, Annual ReFQrt. Ineomè Irom trading aciivilies indud&s Ineome èamed Irom lundrai&ng evènts and trading activilies to raise funds loi the charrty. Ineome is r¢eeNèd in Qxchanw lor suN)lying tyxKts and s¢N¢os in ord¢r 10 rais¢ funds and is ro¢ogniso¢ when enlrflemenl has cr£urred. ExpwrKlituro AII gXP9ndilLJrg is a¢coun19d lor on an auxuals bass and has been dassld under h9adings Ihal aggrega19 all ¢osl laled lo Ihe category. Expenditure LS r8)yJnised where Ihere is a legal or constructive obloalion lo make paymen1¢ lo third parlies, il is prc*Jable that the Settmen1 will be requir and Ihe amount ol Ihe (t)ligalion can be measu( reliably. Delailgd analyses ol Ihe expgndilure are prowded in Ihg nolgs lo Ihe accounts. Irrecoverable VAT is charged as an expense against Ihe afANity lorwhith eynditure arose. Page 8 continued...
Preston Pknlral for the Year Ended 30 X)23 ACCoUNG POLICIES. continued Tangible fixed assets Tangible fixed assets are stated al cosl lor deemed costl or valuation less a(tumulaled depreoalion and accumulalec impaimient losses. Cost includes co$ directly attribuiable to maknng Ihe asset capable ol cperating as iniended Depreciation is provided on al tangb* fixed assets, at rates calculaied 10 WTlte OH the $1, less estimaied residua value, ol ga¢h asset on a syslemalic basis over ils eX1¢d useful lile as lollows.. Equipmgnl- Slraighl ling over 10 years Taxalion The charily 6 exempl Irorn COrp)ralK lax on its charitable adNilies. Fund accounting Unreslricled lunds are available lor use al the di%relion ol Ihe Iruslees in lurtheran¢x ol Ihe general cknjeclives ol IhE charily and which have nol been d8ggnaled lor olher purposes. Designated funds cgmprise UnresirtQd lunds thal have been sei aside by Ihe IruslOeS lor partiuJ&r purposes. Th( aim and use ol each designa19d fund o sgt oul in lh9 notes to th9 linan¢val slatemenls. Reslricled funds are lunds which are lo be used in ac(x)rdance with specific reslriclions iwwsed by donors or whic have been raised by Ihe charrty lor particular purposes. The $1 ol raising and administering such funds are chargec against th9 SF4olr lund. Thg aim and use of ga¢h resiricled lund is sel oul in Ihg nolgs lo Ihe linancwl sla19menls. Dèbtois and crèdllors rac01va0 I payablo w61hSn onè yèar Debtors and crediiors wilh no siaied Inter raie and receivable or payable wilhin one year arg rgcorded al Iransa¢lior Pr0. Any losses arising from impairrnenl are reccgnised in expendilurg. OTHER TRADING AcnvmES 30.6.23 30.6.22 ProJuclion rallles 688 1,217 NET INCOMEIIEXPENDrruRE) Nel in¢onwllgXP9ndilur•l is aii¢r ¢hargintyIcTl1lng).' 30.6.23 30.6.22 Depciall0n - owned assels 276 347 Page 9 continued...
Preston Pknlral for the Year Ended 30 X)23 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remunerth'on or olher t*nefils lor Ihe year enthd 30 June 21)23 nor lor the year ende 30 June 2022. Trustg9$' gxpgns8$ Therg W9re no Iruslees. 9ynses paid lor the year endgd 30 Jun9 2023 nor lor the year endgd 30 Jung 2022. COMPARATIVES FOR THE STATEME OF FINANCIAL ACTlVtllES Unrestrict fund INCOME AND ENDOWMENTS FAOM Donalions and gaCleS 2,887 Charitable actlvitl•g Box ollice Adver1ising and page Sponrship Froni ol house income Appargl Sa19S 37,746 1,11S 3,769 898 Olh9r Irading activilies 1,217 Tol81 47.632 EXPENDrruRE ON Charitable actlvitlo¥ S¢enery, prry and wslum9S Roya1119s, perforrning righls, PRS Dir8clorlMDIChoreogr8pher Publioiy PrograMrn, lickels and trkel comm SLJndries Hiro ol Ihgalre Fronl ol house purchases Apparel purchases Repairs and renewalsldeaning Relreshmenis Bank charges NODA Insurance NODA Subscriplions Rental ol premises Depreciation ol equipmeni 17,393 4,353 1,229 745 626 4,320 1,562 865 502 90 99 714 140 2.160 347 Olher 1,824 Total 42,949 INCOME Pag2 10 continued...
Preston Pknlral for the Year Ended 30 X)23 COMPARATIVES FOR THE STATEME OF FINANCIAL ACTlVtnES- continued Unrestiict funLI RECONCILIATION OF FUNDS Tolal funds brought forward 29,564 TOTAL FUNDS CARRIED FORWARD 34,247 TANGIBLE FIXED ASSErs Equiprront OST Al 1 July 2022 and 30 Jun9 2023 797 DEPRECIATION Al 1 July 2022 Charge for year 521 276 At 30 June 2023 797 NET 800K VALUE AI 30 Jung 2023 AI 30 June 2022 276 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 30.6.23 30.6.22 rued income Prgpayrnenls 241 4,243 302 2,970 4,484 3,272 Pag211 continued...
Preston Pknlral for the Year Ended 30 X)23 CREDITORS: AMOUTr¥tS FALUNG DUE wrrHIN ONE YEAR 30.6.23 30.6.22 rued expenses 3,668 6,817 MOVEMENT IN FUNDS Net movement in funds At 30.6.23 Al 1.7.22 Unrgslriclod funds General lund 34,247 5,752 39,999 TOTAL FUNDS 34,247 5,752 39,999 Nel m¢vem9ni in funds, indud9d in Ihg at*)ve ao as lollows.. Incomir rexjurces Movernent In funds exKendeLI Unregtrlcted lundg r.?onorAI liind TOTAL FUNDS 37,383 131.6311 5,752 Comporatlvo$ for movement In fund$ Net movement in fun(Js At 30.6.22 Al 1.7.21 Unregtrlcted funds General fund 4,683 34,247 TOTAL FUNDS 4,683 34,247 Pag2 12 continued...
Preston Pknlral for the Year Ended 30 X)23 MOVEMENT IN FUNDS - continued Q)mparative nel fflovemenl in funds, includgj in the ab)ve are as loll¢)ws: In(x)ming rexjur Moveffl8nt in funds exrende UnrgStrict8d fund¥ General fund 47.632 142,9491 4,683 TOTAL FUNDS 47.632 142,9491 4,683 A current year 12 month$ and prior year 12 months CnbIn¢d 1$ as lollow$'. Net movement In fund5 At 30.6.23 Al 1.7.21 Unrestrlcted lundg General lund 10,435 39,999 TOTAL FUNDS A currenl year 12 rnonlhs and prior year 12 monlhs rnbined nel movgmenl in lunds. included in the above are follows.. IncomitvJ resources Movemenl in funds exn(Ye Unrestrl¢t•d lund$ Ggneral lund 85,015 (74,5801 10,435 TOTAL FUNDS 85,015 174,5801 10,435 Pag2 13 continued...
Preston Pknlral for the Year Ended 30 X)23 10. RELATED PAFfpi DfscLOSURES There were no rekted paty Iransaclions lor the year ended 30 June 2023. 11. INCOMEI(EXPENDITURE) BY SHOW pmcs Singers Ygar Ended a0.(.23 Ih9r G( Olher Income DonalKJns and legacies Charitable aetivilies Olh9r trading activi.e$ 565 819 2,402 3.786 32.9J9 Tolal Income 34,162 819 2.402 37. Expenditure Charitable activit$ and productions rd,795 7.233 31.1 Total exFendilure ¥8,795 7.233 31.631 Nei ineomelleyndilur81 10.367 216 14.8311 S.752 Comparative perKsd". Cal$ndar Girf$ Show Choir Y¢ar Endgd 30.06.22 )Idilocks Oihgr Income DonalnS and legacies Charitable aclivilifjs Oih9r Irading a¢tiviligs 167 28,931 892 14.597 2.887 43.S28 1.217 Tolal Income 16,121 1,344 47,632 Expenditure Charilablg aclivilws and productions 20.647 16.7 5,915 42,949 Total expendilure 20,647 I6,7 5,915 42,949 Nel inmellendrtUreI 114 104 14,5711 Page 14
Preston Pknlral for the Year Ended X)23 30.6.23 30.6.22 INCOME AND ENDOWMENTS Donations and legacles Other donations Annual membership SUbript)n$ W99kly rghearsal donations Produclion donalions Room Hire Equipment Hire Miscellaneous IncL)me 97 1,280 1,063 260 400 124 1,220 1,003 540 666 3.786 2,887 othgr tradlng acllvltl•s Produclion ralllgs 688 1,217 Charllable •ctlvitl•s Box Ollice Adver1ising and page sponsorshp Fronl ol house income AFFarg1 sa19S 28,576 37,746 1,115 3,769 898 3,701 632 32.909 43.528 Total Incomlry re¥our¢e¥ 37,383 47,632 EXpENDURE Charltab10 •¢tbvttl•s Sundri9S NODA Insurance NODA Subscrplions Rental ol premises enory. props and coslum9S Floyalligs, performing righls, PRS Dirs¢iorlMDIChorgographer Publicity Programmes, lickets and lickel commissi( Hire ol Theat Fronl ol hous9 purchas9S ar91 pur¢hases Flelreshmenls Repairs & renewalslcleaning BSL Inierpreter Carried lorward 1.504 926 150 2,160 14,504 639 2.660 389 626 714 140 2,160 17,393 4,353 5,980 1,229 745 4,320 1,562 865 90 502 2,705 1.919 517 114 1,389 538 30,114 40,679 Th p4e (JD&F of the 5talutL¥y finavra1 slatEYnerts Page 15
Preston Pknlral for the Year Ended X)23 30.6.23 30.6.22 haritable actbvitks Brought forward Planl anol ma¢hinery 30,114 276 40,679 347 30,390 41,026 Support costs Finance Bank charges 221 99 Go¥grnance costs Actounlancy and gaI lees 1,020 1,824 Tolal resources exnded 31,631 42,949 Net Income 5,752 4,683 Th p4e (JD&F of the 5talutL¥y finavra1 slatEYnerts Page 16