DOCUMENT INFORMATION
| DOCUMENT INFORMATION | DOCUMENT INFORMATION |
|---|---|
| Document Title | 2024 Annual Report |
| Document Ref | PMCS/AR/24/001 |
| Document Date | October 2024 |
| Review Date | No Set Review Date |
DOCUMENT CONTROL
| DOCUMENT CONTROL | DOCUMENT CONTROL | DOCUMENT CONTROL |
|---|---|---|
| Version | Date | Comment |
| 001 | Oct 2024 | 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 | 16th October 2023 | - | Vice Chair |
| Carter, Ruth Elizabeth | 16th October 2023 | - | Treasurer |
| Connor, Patricia Ann | 29thDec 2022 | - | |
| Howard, Mark | 16th October 2023 | - | Chairman |
| Moss, James | 29thDec 2022 | - | |
| Murray, Declan | 29thDec 2022 | - | Secretary |
| Regan, John Edmund | 16th October 2023 | - | |
| Riordan, Hannah | 16th October 2023 | - | |
| Sanderson, Christine | 16th October 2023 | - | |
| Twist, Lauren | 16th October 2023 | - |
Page 2 of 12
ANNUAL REPORT
ANNUAL GENERAL MEETING 2024
| Date | 11thNovember 2024 |
|---|---|
| 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 12
ANNUAL REPORT
APPENDIX 01 - Minutes of Previous AGM
Meeting Commenced at 19:08, 16[th] October 2023
Members Present
Lloyd Bamber, Gemma Burns, Liam Burns, Ruth Carter, Kirsty Chapman, Amy Christmas, Patricia Connor, Dan Haresnape, Mark Howard, JohnGordon Lane, Neil McKnight, James Moss, Dec Murray, Jack Price, Hattie Pridmore, Jean Regan, John Edmund Regan, Hannah Riordan, Christine Sanderson, Philip Tomlinson, Lauren Twist, Eli-Mai Waite, Aimee Walton, Delphine Walton
Opening Remarks
Mark welcomed everyone to the meeting and thanked the board of trustees, membership and those present for attending and continued support.
Apologies For Absence
Hannah Bates, Sheena Orchin, Kate Parkes, Luke Taberer, Hannah Thurston, Paula Hodgson, Katy Makinson, Cerys Howells, Anne Arkwright, Lucy Carter
Minutes of Previous AGM
Accepted as true and accurate record.
Proposed: Eddie Regan Seconded: Lauren Twist Motion Carried
Trustees Report
Mark read out the trustees’ report to those present
Proposed: Patricia Connor Seconded: Kirsty Chapman Motion Carried
Financial Report
Ruth read out the financial report to those present.
Proposed: James Moss Seconded: Phil Tomlinson Motion Carried
Resolutions For Votes by Members
Resolution A – Mark read out to those, and was agreed by all present
Proposed: Liam Burns Seconded: Eddie Regan Motion Carried
Resolution B - Mark read out to those present by Mark, and was agreed by all present
Proposed: Ruth Carter Seconded: Dec Murray Motion Carried
Page 4 of 12
ANNUAL REPORT
Appointment of Charity Trustees
Mark explained the appointment of the Charity Trustees and announced the retirement of the following Trustees members; Liam Burns, Ruth Carter, Mark Howard, John Edmund Regan, Christine Sanderson, and Lauren Twist. The following persons had submitted their intention to stand for the Board of Trustees; Liam Burns, Ruth Carter, Mark Howard, John Edmund Regan, Hannah Riordan, Christine Sanderson, Lauren Twist. As the total will not exceed 10 standing for the board, all are duly elected.
Proposed: Kirsty Chapman Seconded: Phil Tomlinson Motion Carried
Any Other Business None received.
AGM Closed at 19:38
Page 5 of 12
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 have been three productions – Avenue Q - Directed by Mark Howard and Hannah Bates, Musical Direction by Ed Rugman; Snow White and the Seven Dwarfs – Directed by Kirsty Chapman with choreography by Anne Arkwright and Musical Direction by Craig Smith; The Addams Family – Directed by Jane Tudor, Musical Direction by Bruce McLaren and choreography by Lorna Cookson – our grateful thanks go to the various creative teams and production teams for all three. Ticket sales for all three productions were exceptional and the shows were loved and enjoyed by audiences. Thanks must also go to Carol May and the Carol May Academy for their involvement in the pantomime
NODA AWARDS
We once again thrilled to receive nominations for the annual District 2 NODA Awards for the following:
Avenue Q; Best Female Character Comedy Performance (Joyce Foster), Best Supporting Male Comedy Character (Shannon Michelle), Best Director (Mark Howard & Hannah Bates), Best Musical Director (Ed Rugman), Best Ensemble, Best Musical, Best Programme – Peacock Class.
Snow White and The Seven Dwarfs; Best Villain (Kate Parkes), Best Dame (Phil Tomlinson), Best Supporting Performance (Jack Price), Best Leading Performance (Amy Christmas), Best Director (Kirsty Chapman), Best Choreographer (Anne Arkwright), Best Musical Director (Craig Smith), Best Pantomime.
On the night we attended the awards dinner at Viva Blackpool with a contingent of 24 members and friends of the Society, and were pleased to say that both Kate Parkes and Shannon Michelle won their respective awards. A big congratulations to all nominated and to our winners!
PMCS SINGERS
The Singers under the musical direction of Bruce McLaren have continued to meet on Tuesday evenings. They performed with Freckleton Band at the Christmas Cavalcade at Preston Playhouse and have increased their repertoire. They also began rehearsing for the society’s 70th anniversary dinner being held in September 2024. The singers continue to seek new members and welcome anyone who wants to join them
BOARD OF TRUSTEES UPDATE
The news on the Guildhall took some interesting turns with RAAC (reinforced autoclaved aerated concrete) being discovered in the Charter Theatre and Guildhall. This has further delayed the reopening of both venues which means the society’s home for musicals is still Preston Playhouse. The Guildhall hope to open the Main Hall bar for entertainment in the autumn of 2024. The BoT continues to investigate other venues within Preston and surrounding areas
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 continues to represent the Society on the Board and attends regular meetings ensuring the Society’s voice is heard and safeguard the theatre operations. Dec and Mark continue to represent us on the Playhouse Promotions sub-committee and Mark also sits on the Playhouse Marketing group and looks after social media for the venue
Making sure the venue remains open and functioning is a focus for both the Playhouse Board and the BoT for the Society. Trustees, with help from other society members, cover front of house, bar & technical duties
Page 6 of 12
ANNUAL REPORT
for visiting groups and one night performances. This involves a few evenings a year and is vital so the Playhouse can keep its doors open and for the Society to have a performance venue
With the new bank account in place the BoT voted to open further savings account for medium and long term investing to ensure there is a pot of money available to cover any eventualities
Various Social events were organised throughout the year with more planned to the next year including a 70th anniversary picnic and the platinum dinner for September 2024 organised by Lloyd Bamber and Luke Taberer with support from a BoT sub-committee
UPCOMING PRODUCTIONS
The Board of Trustees continued developing the pantomime Cinderella for our 70th anniversary year and voted to secure the rights for Little Shop of Horrors for 2025 at the Playhouse. We also began plans for 2026 with details to be released once the license is granted.
The BoT wishes to record its grateful thanks to members and non-members who assist with all aspects of production – front of house, backstage, wardrobe, props, technical and every other aspect of putting on a show. The society is nothing without their help and assistance
As we celebrate our 70th Anniversary we ask all members to maintain their membership and support the society in any way they can
Page 7 of 12
ANNUAL REPORT
APPENDIX 03 – BALANCE SHEET
| INCOME AND EXPENDITURE YEAR END 30THJUNE 2024 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2024 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2024 | INCOME AND EXPENDITURE YEAR END 30THJUNE 2024 | |||
|---|---|---|---|---|---|---|
| CORE CHARITY ACTIVITY |
SINGERS | THE ADDAMS FAMILY |
SNOW WHITE | AVENUE Q | ||
| TOTAL | ||||||
| INCOME | ||||||
| ANNUAL MEMBERSHIP SUBSCRIPTIONS |
1,440 | 1,440 | ||||
| WEEKLY REHEARSAL DONATIONS |
1,624 | 570 | 387 | 264 | 403 | |
| PRODUCTION DONATIONS |
860 | 300 | 360 | 300 | ||
| DONATIONS | 74 | 1 | 23 | 17 | 33 | |
| ROOM HIRE | 960 | 960 | ||||
| EQUIPMENT HIRE | 20 | 20 | ||||
| SOCIAL EVENT INCOME |
2,334 | 2,110 | 199 | 10 | 15 | |
| MISCELLANOUS INCOME |
310 | 200 | 50 | 60 | ||
| TICKET SALES | 56,379 | 13,195 | 30,895 | 12,289 | ||
| ADVERTISING & PAGE SPONSORSHIP |
340 | 340 | ||||
| FRONT OF HOUSE INCOME |
5,912 | 591 | 4,440 | 891 | ||
| PROGRAMME SALES | 297 | 297 | ||||
| APPAREL SALES | 606 | 237 | 122 | 247 | ||
| PRODUCTION RAFFLES |
1,297 | 460 | 478 | 359 | ||
| TOTAL INCOME | 72,453 | 4,731 | 570 | 25,442 | 36,486 | 15,224 |
| EXPENDITURE | ||||||
| SCENERY, EQUIPMENT & PROPS |
30,691 | 10,981 | 8,997 | 10,713 | ||
| ROYALTIES, PRS, SCRIPTS |
8,874 | 3,425 | 1,525 | 3,924 | ||
| COSTUMES, HAIR, MAKEUP |
4,414 | 1,283 | 2,994 | 137 | ||
| DIRECTOR/ MD/ CHOREO/ TRACKS |
8,610 | 400 | 1,960 | 3,050 | 3,200 | |
| ROOM HIRE | 295 | 125 | 170 | |||
| PUPPETRY WORKSHOP |
508 | 508 | ||||
| PUBLICITY | 2,108 | 23 | 550 | 793 | 742 | |
| PROGRAMMES | 825 | 825 | ||||
| HIRE OF THEATRE | 6,495 | 1,750 | 3,330 | 1,445 | ||
| FRONT OF HOUSE PURCHASES |
2,924 | 320 | 2,209 | 395 | ||
| APPAREL PURCHASES |
617 | 103 | 173 | 341 | ||
| CHARITABLE DONATIONS |
350 | 350 | ||||
| BSL INTERPRETER | 535 | 535 | ||||
| NODA INSURANCE | 1,479 | 1,479 | ||||
| NODA SUBSCRIPTION | 234 | 234 | ||||
| RENTAL OF PREMISES |
2,160 | 2,160 |
Page 8 of 12
ANNUAL REPORT
| REPAIRS, MAINTENANCE, CLEANING |
485 | 485 | ||||
|---|---|---|---|---|---|---|
| REFRESHMENTS | 257 | 257 | ||||
| SOCIAL EVENT EXPENDITURE |
2,831 | 2,104 | 410 | 177 | 140 | |
| ACCOUNTANCY | 1,044 | 1,044 | ||||
| BANK AND CARD FEES |
250 | 38 | 9 | 48 | 100 | 55 |
| DEPRECIATION OF EQUIPMENT |
512 | 512 | ||||
| PRIOR YEAR ADJUSTMENTS |
- | |||||
| MISCELLANEOUS EXPENSES |
1,586 | 794 | 15 | 219 | 270 | 288 |
| TOTAL EXPENDITURE | 78,084 | 9,130 | 424 | 21,174 | 24,293 | 23,293 |
| SURPLUS/(DEFICIT) | (5,631) | (4,399) | 146 | (5,732) | 12,193 | (7,839) |
| RESERVES BROUGHT FORWARD 1ST JULY 2023 | 39,999 | |||||
| TOTAL RESERVES AS AT 30TH JUNE 2024 | 34,368 |
Page 9 of 12
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 | Ruth Carter |
| SECONDED | Dec Murray |
| RESOLUTION REF | B |
| RESOLUTION | To appoint Angela Vodden Associates as the Hon. Solicitors for the Upcoming Year |
| PROPOSED | Mark Howard |
| SECONDED | Liam Burns |
Page 10 of 12
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 |
|---|---|---|---|
| Connor, Patricia | 29thDec 2022 | 11thNovember 2024 | |
| Moss, James | 29thDec 2022 | 11thNovember 2024 | |
| Murray, Declan | 29thDec 2022 | 11thNovember 2024 | Secretary |
Following the resignation of the above Trustees, the remaining Trustees are:
| NAME | APPOINTED | RESIGNED | NOTES |
|---|---|---|---|
| Burns, Liam | 16thOctober 2023 | Vice Chair | |
| Carter, Ruth | 16thOctober 2023 | Treasurer | |
| Howard, Mark | 16thOctober 2023 | Chair | |
| Regan, John Edmund | 16thOctober 2023 | ||
| Sanderson, Christine | 16thOctober 2023 | ||
| Twist, Lauren | 16thOctober 2023 |
Page 11 of 12
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 |
|---|---|---|
| Connor, Patricia | ||
| Moss, James | ||
| Murray, Declan |
Page 12 of 12
REGISTERED COMPANY NUMBER.. CE023645 {England and Wal8$) REGISTERED CHARrrY NUMBER.. 1190937 Report of the Tru•ts•• and Unaudlted FInala1 Stat8mgnts for th• Y••r Ended 30 JUM 2024 Th• Pr••lon MUSI1 Comody Socl McDade RrA)erts Accountants Limited Chartered Accouniants 316 8lackpod Road Fuh¥j Preston Lancashire
The Pwp5ton Musical C Contents ofth8 Financial Statements forthe Year Ended 30 June 2024 Page Roport ot the Trust••s 1 to 3 Indfryndont Examln•es Report Statem•nt of Flnanc5al Actlvltles 5 to 6 Balance Shwt 7 to 8 Notss to th• Flnanclal Stat•ments 9 to 15 D•tallod Statemont of Flnanclal Actlvttlel 16 to 17
Th• Pwp5ton Musical C Report of the Trustees forthe Year Ended 30 June 2024 The trustees who are also directors of the charity for the purFoses of the Companies Act 20C6, present their report with the finanoal statements of the chanty for the year ervjed 30 June 2024. The trustees have adopted the Pfovisions ol Accounting and Repo"ng by Charib"es'. Stalement of Re(x)mmended Pradice applicable to charities preparing their acc4xJnls in accordance the Finana81 Repxt'ng Stsndar(l applicable in the UK and Republk of Ireland IFRS 102116ffective 1 January 20191. OBJECTIVES AND ACTIVlnES Objectives and activities for the publlc nefft The Preston Musical Comedy Society is a voluntary organisatM)n we objective ¢s to educale the public in the dramatic and operatsc arts. and to further the development of public appclaOn and tsste in the said arts. The Iruslees confirm that they have referred to the guidan contained in the Charity Commission's genetsl gUance on public benefit when reviewing the charilys aims and objectives and in plannin9 future activities. ACHIEVEMENT AND PERFORMANCE Significant actlvlties During the year ended 30 June 2024, the Society presented Ihree productions. Avenue Q in July 2023, Snow While in December 2023 arKI The Addam5 Family in June 2024. FINANCIAL REVIEW Flnanclal 0r¥beW The charity had a net deffial for tho year of È5.631. Detals are shown on Ihe Statement of Financial ActNilies on page 5. ThA nAt AXVtA t)f lh r.hArity AX AI 2() JiJnA ?4 ArrThintA(I lttl f34,Wl R8serv88 poIIcy The general unrestricted reserves as at the period end Ire £34,368. It is the intention of the tnjslees lo maintain unrestricted frjnds to cover the c051 of the next pfojucts'on and any unforeseen liabilities and this has always been mel. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov•mlng do¢um•nt The charity is ntrOlled by its ty)veming dcojment, a deed of trust, and Cp)nstrtules a limited company, limited by guarantee, as defined by the Compan$ Act 2006. Charlty constituUon The charitys 9oveming document ts by ts)nstitulion •Jopted in Dètember 2019. Thè Charity was èntered onto the Register of Charities on 19th August 2020. Trust8eslExecutI Commltte• Under the Conslilulion al the fir51 annual general meetsng of the CIO all the Chaty trustees sh811 ti from office. Al every subsequent annual general meetsr¥J hall of Ihe chanty trustees shall retire from offic%. The charity is administered and managed by the trustees and existing trustees acpt the obligation to fully inform new twstoos ol the duties and responsibile$ of tharity trustees by providing the new trustee with copies of the goveming instrumenl, minutes of prewous truslee meetings. recenl annual accounts, and the relevant Charty Commission publication relating to the re5wJn5ibilitses of trustee5. During the year ended 30 June 2024 the h*J S) Aduh members. 1 juni In volingl MeMr aThJ 8 Honorary Life members. Page 1
Th• Pwp5ton Musical C Report of the Trustees forthe Year Ended 30 June 2024 REFERENCE AND ADMINISTRATNE DETAILS Regist&rèd Company number CE023645 IEngland and Wales) Registerod Charlty number 1190937 Registered offiGe 316 Blackpool Road Fulwood Preston Lancs PR2 3AE Trustees Mrs R E Carter Treasurer J E Regan President M Howard Chaiman D Murray Secretary Mrs P A Connor Trustee L J Bums Vicg Chairman S J Hemingway Trustee (resigned 14.9.23) J Moss Trusteo Miss C Sanderson Trustee Mrs L Twist Trustee Miss H A Riordan Truste6 lappoinled 16.10.23) Ind•p8nd•nt Examln•r Martin Garry 8A IHonsl. FCA Mcoade Roberts Accountants Limit&J Chartered Accounlanls 316 81ackpool Road Fulwood Proston Lancashire PR2 3AE Honorary Sollcltor Dr Angela Vodden Anggla VTh1don A$SlateS Consulting Ltd 9 Barue Court Business Centre Rosemary Lane Bartle Preston PR4 OHF Administrator Mr Declan Murray 1 Pittman Court, Pittman Way, Fulwood. Preston PR2 9ZG Page 2
Th• Pwp5ton Musical C Report of the Trustees forthe Year Ended 30 June 2024 15111r2024 Approved by order of the toard of trustees on ............................................. aThJ siqned on ils behalf by". Mrs R E Carter- Trustee Page 3
Ind? nthnt Exarninerfs Re The Preston Musical Co to the Tru5tse5 of Independent examinerfs report to the trustees of The Preston Musical Comedy Society rthe Company) I report to the charity Iruslees on my examinatw)n of the accounls of the Company for the year ended 30 June 2024. Responsibilities and basis of report As the charity's trustees of the Company land aL80 its directors for Ihe purposes of company lawl you are re5pon5ible for the preparation of the accounts in w)rdan wrth the requirernents of the Companies Act 2006 I'the 2006 Act,). Having satisfied myself that the acwunis of the Cgmpany ale rmx requiit7J to be audiled under Part 1fj of the 2006 Act and are eligib for independenl examinatKJn, I report in respect of my examination of your charity's accounts as carried out undei Sectson 145 of the Charits'es Act 2011 Ilhe 2011 Act'l. In carying out my examination I have followed the DirectKJns given by the Charity Commission under Section 145151 {bl of the 2011 Indgpgndont examln•rfs ststsm•nt I have completed my examination. I confimi that no matters have tme lo my atten1 in cneCtiOn with the oxamination giving mo Cause to bglieve.. accountsng records were not kept in respect of the knpany as required by Sect)n 386 of the 2006 Act; or the accounts do r1 accord with those recuds. or the 8eeounls do not tpIY with thè accounti"rYJ rffjuiTeffents of Section 396 of thè 2006 Act other than any requirement that the accounts gN8 a true and 18ir wew thich is not a matter wnsider8d as part of an independent examinatson.. or the accounts have not prepared in rdance th the ffthods atKI prin¢iples of the Stalem8nl of R8commgnd8d Practico for accounbw and r•rM)rb'w by charities {ap1¢abl8 to Charit$ preparing Ihoir accounis in accoidance the Financial Rep)rbng Standard appliCae in the UK and Republic of Ireland IFRS 10211. I have no corwBm$ and h8v6 t4)me across no other mattern in connection wth the examination to whith attenlKJn should be drawn in this report In order lo enab a pr(w understarn1ing of the ac£(yJnts to be reathed. Martin Gary BA IHons). FCA Mcoade Roberts Accountants Limit&J Chartered Accountants 316 Blackpool Road Fulwcx)d Preston Lancashire PR2 3AE 2511112024 Dale.. Page 4
The Pwp5ton Musical C Staternent of Financial Activikne5 forthe Year Ended 30 June 2024 30.6.24 30.6.23 Total funds Unr8slricted tund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7.622 3,786 Charltabl• a¢tlvltl•s Box offico Advertising and page swnsorship Front of house income Apparel Sales Programme Sales $6,379 340 5.912 606 297 28,576 3,701 632 Other trading activilh?s 1.297 Total 72.453 37.383 EXPENDITURE ON Charltablo a¢tlvltlo8 Scgnery, props and costur Royalties. pgrfomiing rights, PRS DirectorlMDIChorecgraphgr Publicity Pragrammes. tickets and ticket cunm Sundries Hire of theatre Front of house purchases Apparel purchases 35.105 8.874 8,610 2,108 825 1,936 6,495 2,924 617 14,504 639 2,660 389 1,504 2,705 1,919 517 F li Repairs and renewalsldeaning Refreshments Bank charges NODA Insurance NODA Subscriptions Rentsl of premises DepreciatK)n of equipnwnt BSL Interpretor Puppetry Workshop Social Event Expenditure Room Hir6 485 257 250 1,479 234 2,160 512 535 508 2,831 295 1,389 114 221 926 150 2,160 276 538 Olhor 1,020 Total 78.084 31.631 INCOMEIIEXPENDITUREI 15.6311 5,752 RECONCILIATION OF FUNDS Total funds brought forward 39,999 34,247 Page 5
The Pwp5ton Musical C Staternent of Financial Activikne5 forthe Year Ended 30 June 2024 30.6.24 30.6.23 Total funds Unr8slricted tund Notes TOTAL FUNDS CARRIED FORWARD 34,368 39,999 Page 6
Th• Pwp5ton Musical C Balance She8t 30 June 2024 30.6.24 30.6.23 Total funds Unr8slricted tund Notes FIXED ASSETS Tangible assets 1.537 CURRENT ASSETS Dobtors Cash al bank and in hand 2,556 45,398 4.484 39,183 47.954 43,667 CREDITORS Amounts falling due wlhin one year 115,1231 3,6681 NET CURRENT ASSETS 32,831 39,999 TOTAL ASSETS LESS CURRENT LIABILITIES 34,368 39,999 NET ASSETS 34,368 39,999 FUNDS Unrestricted funds 39,999 TOTAL FUNDS 39.999 The charitable cLJmpany 15 entffjed lo exemp from audit urhjèr Section 477 of Companies Act 2006 lor the year ended 30 June 2024. The members have not required the company lo c)tain an audit ol rts finanoal stslements ts the year ended 30 June 2024 in accordance with Section 476 of the CoMpanS Aci 2{6. The trustees acknowledge their responbilItS lor lal ensuring that the Charitab company keeps accthnliNJ records that ¢>)rrpty with Sections 386 and 387 of the Companies Act 2006 and preparing financial slalements whith gwe a true and fair vw of the state of affairs of th8 chantable company as at the end of each financial year and of its surplus or defiat for each financial year in accordance with the requirements of Soctions 394 and 395 and which othèrwise comply wilh tho requirements of the Companies Acl 2CQ6 reLaling lo finanoal stalemenls, so far as appluble to the charrtable LX)mpany. Ibl Page T nts"nued...
Tho Pwp5ton Musical C Balanc• Sheet. continuod 30 June 2024 These finanaal statements have been prepared in accordance with Ihe prowsK)n$ app1ts to charrtable companies subject to the small companies regi. The financial statements were approved by the Boarf of Trustee5 and auttrvjrised for issue on 1511 IJ2024.. . and were signed on its behall by.. S64 R E Cart8r- Trustee Page 8
The Pwp5ton Musical C Notes to the Financial Staternents forthe Year Ended 30 June 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, vthich is a pU1C benefft entsty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounbng and Reporting by Charities.. ststemenl of Recommended Practice applicatAe to chanbes preparing their acwunts in accordance with the Finan(ial Rewrting Stsndard applicable in the UK and Republic ol Ireland IFRS 1021 leffective 1 January 20101,. Finon¢>al Rowting Standard 102 Tho Finantyal Rop)rtin9 Standard applicablo in tho UK and Republic of Ireland, and the compan Aci 2006. The financial ststements have prepared under the historical cost convenlion. Golng concèm The financial stslements have been preparnd C a wng fJ)ncwn basis as trSteeS believe that no m81erial UncertainlS exist. The trustees have considered the level of ftjnds held and Ihe expected level of income and exp8ndrture for 12 months from authoriwng these finantial slalements. The budgeted income and expenditure is suffiryent the of reserves for ts tharity to be ab to conknnue as a going cKJncem. Crltlcal a¢¢ountlng ludgem¢nts and key sourwJ of estlmatlon unc•rtalnty No judgements havè en made in the process of applying the above accounting policies. There have been no key assumplKJns conceming the lull1 or other key sources of estimabon uncertainty al Ihg reporting dale that woukj have significant risk of causiTr3 a material adjustsnenl to the carrying amounts of assets and liabilities wthin the next finanual year. Incom• All incoming resources are included wi the Statement of Finanoal Activit$ ISOFAI when the charity is legally enlilled to the income after any rf0MIan¢e Cp)nditK)ns have been met, the amount can measured reliably and il is probable that the income wll bg receive(l. For donati$ lo t rg¢cgniwJ th8 tharity will havo tfjen notifiod of th8 amounts aThJ sotugment dalo in writing. If there are condrtions attached lo Ihe donatKJn and this requires a level of perforrnance before ents'llemenl can be obtsined. then inwme is delerrwj untsl those (din$ are lully mel or Ihe fijlfilmenl of those condilK)ns is within the C4)nlrol of the carity and il is probable that U)ey wll be fiJffill8d. No amount is indudod in tho finangal statonpnls fry vdunloer tirro in ling wilh th8 SORP IFRS 1021. Further detsil is gNon in thg Trustees, Annual Ropyi. Income from trading actsvities indudes incoffe eamed from fundraising events and trading actwilies lo raige funds for the charity. Incomè is Teeeived in exchange for supplying and sorvieès in order lo raise funds and i8 recognised when enlrflemenl has (cUr. ExpendUre All expenditure is accounted lor on an accruals basis and has been dassified under headings that aggregate all costs related lo the category. ExpendrtUQ L% rejised Whe there is 8 al or constru¢bve obligation to make payments to third parties, it is FwobaNe that the setuement will be requir&1 and the amount ofthe Obligati can be measured rellay. Detailed anatyses of Ihe expenditure are provided in the notes to the accourts. Irrecoverdble VAT is charged as an expense against the acw forwhKh exndrture arose. Pag8 9 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 ACCOUNTING POLICIES - ¢t)ntlnued Tangible fixed assets Tangible fixed assets are stated at cosl lor deemed costl or Vaation less accumulated depreaalion and accumulated impairment ktsses. Cost indLKles costs direclly attributable lo making the asset Capab of operating as intended. Deprerjalion is provided on all tangible fixed assets, at rates calculated lo write off the cost, less estimated residual value. of ead) asset on a syslemalic basis over its expected useful life as follows: Equipment- Straight line over 10 years Fixtures & fittsngs- straht line over 4 years T¥xatl¢n The charity is exempl from Lwration tsx on its charitsbl& aclivits. Fund account5ng Unrestricted funds are available for use * Ihe discrebon of thg trustee$ in ffiJrthgranc8 of thg general objectives of the chanty arKI whKh have not been deSnated for other purposes. Designated funds comprise unrestrKled funds that have been sel aside by the Iruslees for particular purposes. The aim and use of each desKJnated fijnd is sel CMJI w) the notes lo the financial stslements. Reslrbcted lunds are funds which are to be uwj In ac¢)yd8nce with specfft reslrlctions imposed by donors or which have tren raised by charty for Partlar pufp)s8s. The cost of raising and atjministering such funds arg charged against the srfjofic fund. The aim arKI use of eaL rostrictgd fund 1$ set out in the not9s lo the financial statoments. D•btors and ¢r•dltors reulvabl• I pay4bl wlthln ono ye•r Debtors and Creditors wth no stated interest rate and weNabLg or payable wthin one year are recorded at transaction pri¢9. Any losses arisir¥J trom ImpalmnI are r¢¢o3ni$8d in expendrturo. OTHER TRADING ACTIVITIES 30.6.24 30.8.23 Produdion raffles 1,297 NET INCOMEIIEXPENDrruREI Net irwmg11oxpenditur81 is stated after thargi@Iwdibngl: 30.6.24 30.6.23 Depreciation- owned assets 512 276 p•0 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 TRUSTEES. REMUNERATION AND BENEFITS There wece no trustees, r8nxJneratM)n cw otsr trmefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. Trust••$' exp•ns•s Thoro woro no trustoes. exponsos paid for tho year ondod 30 Juno 2024 for tho yoar ondod 30 June 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVMES UnrestrKtod fuThJ INCOME AND ENDOWMENTS FROM Donations and legacies 3.786 Charltable actlvltb•* Box office Front ol house inc Apparel Sales 28.576 3,701 632 Other trading actNities Total EXPENDITURE ON Charltsble a¢tlvltles Scenery, props and cosluft Royalt$, performing rights. PRS Dir9ctorlMDIC?reO9raph8T Publicity Sundries Hire of theatre Front of house purchas88 Apparel purchases Repairs and renewalslcleanir#J RefreshmBnts Bank charges NODA Insurar NODA Subscriptions Rental of premises Depreciation of equipment BSL Interpreter 14,504 639 2,660 389 1,504 2,705 1,919 517 1,389 114 221 926 150 2,160 276 538 Other 1,020 Total 31,631 NET INCOME 5,752 p11 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES - continu UnrestrKted RECONCILIATION OF FUNDS Totsl funds broughl forward 34,247 TOTAL FUNDS CARRIED FORWARO 39.999 TANGIBLE FIXED ASSETS Fixtur86 E(p#pr1 fittings TotB15 COST At 1 July 2023 Addibons 797 797 2,049 2,049 At 30 June 2024 797 2.049 2,846 DEPRECIATION At 1 .Iiily ?n?3 Charge for year 7f17 7117 S12 512 At 30 June 2024 797 512 1,309 NET BOOK VALUE AI 30 June 2024 1,537 1,537 At 30 June 2023 DEBTORS.. AMOUNTS FALLING DUE WITHIN IY4E YEAR 30.6.24 30.6.23 Accrued income Prepayments 1,240 1.316 241 4,243 2.556 4,484 p12 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 CREDITORS.. AMOUNTS FALUNG DVE WITHIN ONE YEAR 30.6.24 30.6.23 Accrued 8xpenses 15,123 3,668 MOVEMENT IN FUNDS Net vem8n¢ fiJnd¥ At 30.6.24 At 1.7.rJ Unrèstrletod funds General fund 39,999 15,6311 34,368 TOTAL FUNDS 39.999 15,6311 34.368 Nèl movement in lunds, induded in thè above are as fdhjws: Movement in funds exrwd8d Unrestrlct•d funds General furKI 72.453 178.0841 15.6311 TOTAL FUNDS 72.453 178.1)841 15.6311 Comparatlves for movement In funds NK)vemant funds At 30.6.23 At 1.7.22 Unre8trlct•d funds General fund 34.247 5.752 39.999 TOTAL FUNDS 34.247 5.752 39,999 p13 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 MOVEMENT IN FUNDS- continued Comparative net movement in funds. Ided in ts above are as fdk)ws: Mov8m8nt in funds exwd8d Unrostrlctod lund$ General fund 37.383 131.6311 5,752 TOTAL FUNDS 37,383 131.6311 5,752 A current year 12 months and prK)r year 12 Irth8 m.ned [m)Sit is as fdlows: r¥enI fvnds At 30.6.24 A¢ 1.7.22 Unr•strlded fvnds General fund 34,247 121 34.368 TOTAL FUNDS 34.247 121 34.368 A current year 12 months and piior year 12 mmths combirth r1 movement in fuThJs, Iuded in the above are as follows.. IrTra Resour Movemgnt •xpwdad in funds Unre$trl¢ted fvnd$ General fund 109,836 1109,7151 121 TOTAL FUNDS 109,836 1109,7151 121 p14 continued...
The Pwp5ton Musical C Note5 to the Financial Statements- continwl forthe Year Ended 30 June 2024 10. RELATED PARTh DISCLOSURES There were rK> rglatgd paty tran$aths for the year ended 30 June 2024. 11. INCOMEIIEXPENDITUREI BY SHOW Year Endod 30..24 Avon Snow Addams Fami PAACS Singers Other Incom8 Oonats'ons and legacies Charitable activities Other trading activities 811 14,054 359 551 35,457 478 570 4.731 7,622 63,534 1,297 14,023 460 Totsl Income 15.224 36.486 15.442 570 4,731 72,453 Expenditure Charitable activrties and productions 23.(3 24,293 21.174 424 9,130 78.084 Total expenditure 23,C63 24,293 21,174 424 9,130 78,084 Nel IrMe1(exp0r1Iure) 17,8391 12.193 15.7321 146 14.3991 15.8311 Comparative pgriod.. Molher PMCS Singe Yèar Ended 30.C6.23 Income Oonations and legacies Chariiable activities Other trading actNities 565 32,909 819 2.402 3,786 32.9)9 Total Income 34,162 819 2.402 37.383 Expenditure Charitable activities arKI productions 23,795 603 31.631 Totsl expenditure 23,795 603 31,631 Nel incomellexpenditure} 10,367 216 (4.8311 5,752 Page 15
The Pwp5ton Musical C Dotailed Statement of FinancHI Activities forthe Year Ended 30 June 2024 30.6.24 30.6.23 INCOME AND ENDOWMENTS Donations and legaci08 Other donations Annual membership subsuiptions Wookly rohoarsal donalKsns Production donations Room Hire Equipment Hirg Miscellaneous Income Social Event Inctsme 74 1,440 1,624 97 1,280 1,063 260 960 20 310 2.334 7.622 3,786 Othor tradlng a1¥111¢$ Production raffles 1.297 Charltabl• adl¥ltl•• Box Office Advertising and page SFonsorshlp Front ol house Income Apparel sales Programme Salos $6,379 340 5,912 606 297 28,576 3,701 632 63,534 32,909 Total Incomlng rQrS 72,453 37,383 EXPENDITURE Charftablo actlvltlos Sundries NODA Insurance NODA Subscriptions Rgntsl of premises Scenery, wops and costumgs Royalties. perfomiing rights, PRS DireclorlMDIChoreographer Publicity Programme5, ticke15 and ticket tt*nmission Hire of Theatre Front of house purchases Apparel piJr¢hases Refreshments Carried forward 1.936 1,479 234 2,160 35,105 8,874 8.610 2.108 825 6,495 2,924 617 257 71.624 1,504 926 2,160 14,504 639 2,660 389 2,705 1,919 517 114 28.187 This pa3e ¢kns nrA fum part ofthe 5taiutrxy fmarKAal stA18rnents Page 16
The Pwp5ton Musical C Dotailed Statement of FinancHI Activities forthe Year Ended 30 June 2024 30.6.24 30.6.23 Charitable a¢tlvitles Brought forward Repairs & renewalsldeaning BSL Inlerpreter Room Hire Puppetry Workshop Social Event ExperltUre Plant and machinery 71,624 485 535 295 508 2.831 512 28,187 1,389 276 76.790 30,3 Support costs Flnan¢• Bank charges 250 221 Govornanc• ¢08ts Accountancy and legal fe 1,020 Totsl resources exnded 78,084 31,631 N8t1oxp•ndltur•}Iln¢om• 15,6311 5,752 This pa3e ¢kns nrA fum part ofthe 5taiutrxy fmarKAal stA18rnents Page 17