BLOC Productions
ACCOUNTS
Year ended 31[st] March 2025 Charity Number 1195809
BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
| CONTENTS | PAGE |
|---|---|
| Legal and Administrative Information | 3 |
| Trustees annual report | 4 – 5 |
| Independent Examiners Report | 6 |
| Consolidated Revenue Account | 7 |
| Balance Sheet | 8 |
| Statement of financial activities | 9 |
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
Status
BLOC Productions is a Charitable Incorporated Organisation (CI0) governed by its constitution, Charity number 1195809
Trustees 1[st] April 2024 – 31[st] March 2025
| Trustees 1st April 2024– 31st March 2025 | |
|---|---|
| PhilipHallworth | Trustee(nominated Chair and Secretary) |
| Alex Turasiewicz | Trustee(nominated Vice Chair) |
| Graham Lewis | Trustee(nominated Treasurer) |
| Jo Phillips | Trustee |
| Caroline Northam | Trustee |
| LucyPope | Trustee |
| Peter Jones | Trustee |
| Christopher Sterry | Trustee |
| MaryHilditch | Trustee |
| Emma Griffiths | Trustee |
Registered Office
2 Bramble Lane Sneyd Park Bristol BS9 1RD
Independent Examiner
Andrew King
Bankers
Lloyds Bank Oldham (309626)
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. This was our second production operating as a CIO.
Structure, Governance and Management
BLOC Productions is CIO (a Charitable Incorporated Organisation). This was our second production operating through this new legal structure. We had previously been operating as an unincorporated charity.
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
The CIO is a separate legal entity which means that it can enter into contracts and own property in its own right. By operating under a CIO structure, we have the flexibility to change and implement policies for the benefit of the club in an easier manner that under the previous unincorporated charity structure. As a CIO we are able to claim (and benefit from) the government ‘Theatre tax credits’ scheme. The initial claim that we made was successful and monies were received in the 2024/25 accounting period. We have made our second claim to HMRC (relating to our 2024 production of Me and My Girl) and are waiting the tax refund which will show in next years accounts.
Our Company consists of acting members, non-acting members and life members including a President and Vice-Presidents and such other persons as shall have rendered special services to the Company.
Objects of the Charity
The objective of the charity is to educate the public in the arts and in particular to the art and of music and drama by the presentation of dramatic musical productions.
Organisation of the Charity
A committee is elected at an Annual General Meeting of the Members that is convened annually. The Annual General Meeting of the Company shall be held within three months of the year end, when the Report of the Management Committee and the accounts for the past year, duly audited, shall be presented. The committee shall comprise a Chair, Vice Chair, Secretary, Treasurer (who collectively form the Executive Committee) and a further eight ordinary committee members may be elected.
All arrangements for the annual production (and other events if appropriate) and oversight of the finances are the responsibility of the committee.
Reserves policy and risk management
The committee have examined and reviewed the potential major risks to which the charity is exposed and systems have been established to mitigate those risks. These procedures will be periodically reviewed to ensure that they still meet the needs of the charity.
Trustees’ responsibilities in relation to the financial statements
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
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state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees and signed on their behalf by:
GRAHAM LEWIS Date …………. 28[th] May 2025
I report on the accounts of the Charity for the Year ended 31[st] March 2025 which are set out on pages 3- 5.
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 43 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)b of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
1) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 41 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Andrew King 2 Oakfield Road Clifton Bristol BS8 2AL
12 June 2025
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
| CONSOLIDATED REVENUE ACCOUNT | ||
|---|---|---|
| Year ended 31 March | ||
| 2025 | 2024 / 2025 | 2023 / 2024 |
| MAMG | ACC | |
| £ | £ | |
| Production(s) - Turnover | 121,610.96 | 252,098.86 |
| Production(s) - Costs | 177,968.96 | 266,689.44 |
| Surplus/(Deficit) on Production(s) | (56,538.00) | (14,590.58) |
| Miscellaneous Receipts:- | ||
| Subscriptions | 8242.37 | 9710.00 |
| Patrons | 1129.30 | 692.50 |
| Tickets | 0.00 | 770.00 |
| Interest on Investments | 1142.82 | 557.22 |
| Gift Aid Reclaim | 0.00 | 1334.46 |
| TTC’s | 64,684.35 | 0.00 |
| Refunds / Bank compensation | 468.00 | 810.00 |
| Other | 1795.00 | 2205.62 |
| Les Mis | 15,724.61 | 0.00 |
| Sub-total | 93,206.45 | 16,079.80 |
| Miscellaneous Costs:- | ||
| Rehearsal Rooms + Storage Space | 17,973.00 | 13,462.50 |
| Bank Charges | 49.55 | 49.00 |
| Spirolux | 0.00 | 2736.00 |
| Chaperone Costs | 0.00 | 565.05 |
| General and after show gross payment) | 7175.16 | 6041.78 |
| Other | 2185.21 | 0.00 |
| Sub Total | 27,382.92 | 22,854.33 |
| Les Mis | ||
| PrePayment | 13,386.14 | 0.00 |
| Total Spend | 40,769.06 | 22,854.33 |
| Sub-total | 52,437.19 | (6774.53) |
| Net Prepayments | (67,022.82) | (3694.76) |
| Total Profit / loss | (70,943.43) | (25,059.87) |
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
| CONSOLIDATED BALANCE SHEET as at 31 March 2025 Net Current Assets:- Bank - Current Accrual Prepayments Total Assets Represented by:- Reserves Opening Balance as at 1 April 2024 Cash in hand Prepayments Accruals Trading Activities in Year Reserves Closing Balance as at 31 March 2025 |
2024/ 2025 2023/ 2024 £ £ 93,977.95 94,203.70 0.00 0.00 0.00 3694.76 93,977.95 97,898.46 97,898.46 119,256.57 0.00 7.00 67,022.82 3694.76 0.00 0.00 (70,943.43) (25,059.87) 93,977.95 97,898.46 |
|---|---|
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BLOC PRODUCTIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025
ANALYSIS OF PRODUCTION INCOME AND COSTS
| 2024 /2025 | 2023/2024 | |
|---|---|---|
| MAMG | ACC | |
| Total Sales | 121,610.96 | 252,098.86 |
| Production Costs:- | ||
| Costumes ( & Incidentals) | 8394.77 | 10,748.02 |
| Costumes - Hair, Make-up, Wigs | 37.92 | 391.65 |
| Credit/Debit Card Commissions | 4181.14 | 8,588.87 |
| Prodn team Fees & Expenses | 11,550 | 12,250.00 |
| Discounts / Comms and TRS | 3490.92 | 5,492.00 |
| Insurance | 3131.27 | 2,937.85 |
| Lighting & Design | 8300.40 | 10,425.00 |
| Orchestra | 11,940.00 | 14,580.00 |
| Rehearsal Material | 1000.00 | 1,157.00 |
| Press & Advertising (Show campaign) |
10,239.00 | 4,092.60 |
| Publicity Material (Brochure) |
3,000.00 | 3,000.00 |
| Non Hippodrome Marketing | 1383.77 | 1,090.99 |
| Royalties | 26,362.72 | 45,377.79 |
| Scenery, Pyrotechnics, Props & Carriage | 24,318.03 | 52,932.68 |
| Sound & Sound Engineers | 9872.00 | 9,562.60 |
| Staffing Costs (Hippodrome) | 3608.02 | 5,560.57 |
| Sundry Staging/ Other Hippodrome Costs | 848.40 | 626.63 |
| One Off fee - Magic consultancy / build | 0.00 | 8,750.87 |
| Theatre Charges | 37,145.79 | 69,124.32 |
| Total Production Costs | 177,968.96 | 266,689.44 |
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BLOC PROOUCtIONS FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 io