OpenCharities

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2024-06-30-accounts

Trustees’ Annual Report

For the year ended 30 June 2024

Reference and Administrative Details

Structure, Governance and Management

Musical Theatre Stafford is governed by a board of 12 unpaid volunteer trustees who each bring specific industry experience and skills to support the charity’s aims. All activities are delivered by volunteers. From 1st July 2024, the charity appointed a new Finance Manager (Rebecca Rodi) to oversee financial processes.

The trustees plan to review and update the charity’s safeguarding policy, as well as to review financial processes to reduce administrative burden, strengthen financial controls and maximise revenue. The charity is also exploring the creation of a new subcommittee aimed at supporting young people aged 16–21.

Objectives and Activities

The charity’s purpose, as set out in its constitution, is:

"To produce theatrical performances of a musical nature in order to increase the public appreciation and knowledge of the arts, and further the musical and personal development of our adult and child members. To provide workshops for members to further their musical and personal development."

The main activities undertaken in the year to achieve these aims were:

The charity’s membership ranges in age from 8 to 80 and includes people from all walks of life and backgrounds, including those with disabilities.

Achievements and Performance

During the year, the charity:

These activities helped fulfil the charity’s purpose by developing members’ skills, growing their confidence, and bringing high-quality musical theatre to the local community.

Financial Review

Total income for the year was £127,000 , with total expenditure of £115,000 , resulting in funds carried forward at year-end of £67,000 .

While the charity has no formal reserves policy, it aims to hold sufficient reserves to cover the cost of staging at least one production (approximately £45,000) to ensure future financial security and cash flow stability.

Key financial risks identified by the trustees include rising theatre hire costs and potential falls in audience numbers. The trustees monitor these risks and explore mitigations through careful planning and new initiatives.

Plans for the Future

Looking ahead, the charity has plans to:

Public Benefit Statement

The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit, and consider that the activities of the charity described in this report provide a clear public benefit.

Approval

This report was approved by the board of trustees and signed on its behalf by:

Signature: _________ Name: Rebecca Rodi Position: Finance Manager Date: 1st August 2025

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calculations may differ in Excel.
Numbers Sheet Name
Numbers Table Name
Excel Worksheet Name
SOFA
Table 1
SOFA
Table 1
B Sheet
Table 1
N1
Table 1
N2.2
Table 1
N3
Table 1
N6
Table 1
N9
Table 1
N19
Table 1
N20
Table 1
N24
Table 1
N28
Table 1
N29
Table 1
N10 (X)
Table 1
N14 (X)
Table 1
N22 (X)
Table 1
SOFA
SOFA
B Sheet
N1
N2.2
N3
N6
N9
N19
N20
N24
N28
N29
N10 (X)
N14 (X)
N22 (X)
N26 (X)
Table 1
N26 (X)

0000001

Musical Theatre Stafford Musical Theatre Stafford Musical Theatre Stafford Musical Theatre Stafford Musical Theatre Stafford 1196249
Annual accounts for theperiod
From 01.0 7.2023 To 30.06.2024
Section A Statement of financial activities
Recommended categories byactivity Guid ance N
Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Incomingresources(Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 19,134 - - 19,134 19,363
Charitable activities S02 102,074 - - 102,074 94,625
Other trading activities S03 - - - - -
Investments S04 - - - -
Separate material item of income S05 - - - - -
Other S06 5,985 - - 5,985 7,161
Total S07 127,193 - - 127,193 121,149
Resources expended(Note 6)
Expenditure on:
Raising funds S08 618 - - 618 933
Charitable activities S09 105,062 - - 105,062 105,815
Separate material item of expense S10 - - - - -
Other S11 9,743 - - 9,743 10,474
Total S12 115,423 - - 115,423 117,222
Net income/(expenditure) before investment
gains/(losses)		 S13 11,770 - - 11,770 3,927
Netgains/(losses)on investments S14 - - - - -
Net income/(expenditure) S15 11,770 - - 11,770 3,927
Extraordinaryitems S16 - - - - -
Transfers between funds S17 - - - - -
Other recognisedgains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Othergains/(losses) S19 - - - - -
Net movement in funds S20 11,770 - - 11,770 3,927
Reconciliation of funds:
Total funds brought forward S21 55,614 - - 55,614 51,687
Total funds carried forward S22 67,384 - - 67,384 55,614
1

0000002

Section B Balance sheet Section B Balance sheet Section B Balance sheet Section B Balance sheet Section B Balance sheet Section B Balance sheet Section B Balance sheet
Gui dance No
Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Total this
year		 Total lastyear
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets(Note 15) B01 - - - - -
Tangible assets(Note 14) B02 - - - - -
Heritage assets(Note 16) B03 - - - - -
Investments(Note 17) B04 - - - - -
Total fixed assets
B05		 - - - - -
Current assets
Stocks(Note 18) B06 - - - - -
Debtors(Note 19) B07 47,047 - - 47,047 34,525
Investments(Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 27,102 - - 27,102 24,850
Total current assets
B10		 74,149 - - 74,149 59,376
Creditors:amounts falling due within one
year(Note 20)		 B11 6,765 - - 6,765 3,762
Net current assets/(liabilities) B12 67,384 - - 67,384 55,614
Total assets less current liabilities
B13		 67,384 - - 67,384 55,614
Creditors:amounts falling due after one
year(Note 20)		 B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 67,384 - - 67,384 55,614
Funds of the Charity
Endowment funds(Note 27) B17 - -
-
-
-		 -
Restricted income funds (Note 27) B18 - -
Unrestricted funds B19 - -
Revaluation reserve B20
Total funds
B21		 - - - - -
Signed by one or two trustees on behalf of all
the trustees		 Signature Print Name Date of
approval
dd/mm/yyyy

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Section C Notes to the accounts Notes to the accounts Notes to the accounts Notes to the accounts
Note 1Basi s ofprepa ration
This section sho uld be com pleted byall charities.
1.1 Basis of ac counting
These accounts
transaction value		 have been
unless ot		 prepared under the historical cost convention with items recognised at cost or
herwise stated in the relevant note(s) to these accounts.
The accounts ha ve beenp repared in accordance with:
• and with* ✓ the Statement of Recommended Practice: Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with* ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
• and with the C harities Ac t 2011.
The charity cons
FRS 102.*		 titutes a p ublic benefit entity as defined by ✓
* -Tick as appropri ate
1.2 Going con cern
If there are mate
continue as a go		 rial uncert
ing conce		 ainties related to events or conditions that cast significant doubt on the charity's ability to
rn, please provide the following details or state "Not applicable", if appropriate:
An explanation a
the conclusion th
concern;		 s to those
at the cha		 factors that support
rity is a going		 Not Applicable
Disclosure of an
going concern as		 y uncertain
sumption		 ties that make the
doubtful;		 Not Applicable
Where accounts
concern basis, p
together with the
prepared the acc
charity is not reg		 are not pr
lease disc
basis on
ounts and
arded as a		 epared on a going
lose this fact
which the trustees
the reason why the
going concern.		 Not Applicable
1.3 Change of accountin g policy
The accounts pr esent a tru e and fair view and the accounting policies adopted are those outlined in note { }.
Yes* ✓ * -Tick as appropriate
No*
Please disclose:
(i) the nature of t he change in accounting policy; Not Applicable
(ii) the reasons w
provides more re		 hy applyi
liable and		 ng the new accounting policy
more relevant information; and		 Not Applicable
(iii) the amount o
current period, e
aggregate amou
before those pre		 f the adju
ach prior p
nt of the a
sented, 3.		 stment for each line affected in the
eriod presented and the
djustment relating to periods
44 FRS 102 SORP.		 Not Applicable
1.4 Changes to accounti ngestimates
No changes to a ccounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* ✓ * -Tick as appropriate
No*
Please disclose:
(i) the nature of a ny chang es; Not Applicable
(ii) the effect of t
and liabilities for		 he change
the curren		 on income and expense or assets
t period; and		 Not Applicable
(iii) where practic
future periods.		 able, the effect of the change in one or more Not Applicable
1.5 Material prior year erro rs
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes* ✓ * -Tick as appropriate
No*
Please disclose:
(i) the nature of t he prior p eriod error; Not Applicable
(ii) for each prior
amount of the co
and		 period pr
rrection fo		 esented in the accounts, the
r each account line item affected;		 Not Applicable
(iii) the amount o
earliest prior per		 f the corre
iod presen		 ction at the beginning of the
ted in the accounts.		 Not Applicable

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities(SoFA)when:
• the charity becomes entitledtotheresources;
· it ismorelikelythan not that thetrusteeswill receivetheresources; and Yes No N/a
• themonetaryvalue canbemeasuredwithsufficient reliability. ✓
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required
orpermitted bythe FRS 102 SORP or FRS 102.		 Yes No N/a
✓
Grants and donations Grants and donations are only included in the SoFA when the general income
recognition criteria are met(5.10 to 5.12 FRS102 SORP).		 Yes No N/a
✓
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
onlyoccurs when theperformance related conditions are met(5.16 FRS 102 SORP).		 Yes No N/a
✓
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.		 Yes No N/a
✓
Government grants The charity has received government grants in the reporting period Yes No N/a
✓
Tax reclaims on donations
and gifts		 Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.		 Yes No N/a
✓
Contractual income and
performance relatedgrants		 This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.		 Yes No N/a
✓
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.		 Yes No N/a
✓
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carryingamount of the stocks at distribution.		 Yes No N/a
✓
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.		 Yes No N/a
✓
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incomingresources when receivable.		 Yes No N/a
✓
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.		 Yes No N/a
✓
Donated services and
facilities		 Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.		 Yes No N/a
✓
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
headingin the SOFA.		 Yes No N/a
✓
Support costs The charity has incurred expenditure on support costs. Yes No N/a
✓
Volunteer help The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.		 Yes No N/a
✓
Income from interest,
royalties and dividends		 This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.		 Yes No N/a
✓
Yes No N/a

Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations

0000005

Income from membership
subscriptions		 Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.		 ✓
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.		 Yes No N/a
✓
Settlement of insurance
claims		 Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.		 Yes No N/a
✓
Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.		 Yes No N/a
✓
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.		 Yes No N/a
✓
Governance and support
costs		 Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.		 Yes No N/a
✓
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.		 Yes No N/a
✓
Grants with performance
conditions		 Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.		 Yes No N/a
✓
Grants payable without
performance conditions		 Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.		 Yes No N/a
✓
Redundancy cost The charity made no redundancy payments during the reporting period. Yes No N/a
✓
Deferred income No material item of deferred income has been included in the accounts. Yes No N/a
✓
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts		 Yes No N/a
✓
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reportingdate		 Yes No N/a
✓
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per
paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.		 Yes No N/a
✓
2.4 ASSETS Yes No N/a
Tangible fixed assets for
use by charity		 These are capitalised if they can be used for more than one year, and cost at least ✓
They are valued at cost. Yes No N/a
✓
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5		 Yes No N/a
✓
They are valued at cost. Yes No N/a
✓
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.		 Yes No N/a
✓
Yes No N/a
They are valued at cost. ✓
Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.		 Yes No N/a
✓
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments		 Yes No N/a
✓
Stocks held for sale as art of non-charitable trade are measured at the lower or cost or et Yes No N/a
p

0000006

Stk hld f l t f hitbl td d t th l t t Stk hld f l t f hitbl td d t th l t t Stk hld f l t f hitbl td d t th l t t Stk hld f l t f hitbl td d t th l t t Stk hld f l t f hitbl td d t th l t t
Stocks and work in progress ocs e or sae as par o non-carae rae are measure a e ower or cos or ne
realisable value.		 ✓
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.		 Yes No N/a
✓
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Yes No N/a
✓
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.		 Yes No N/a
✓
Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.		 Yes No N/a
✓
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. ✓
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

0000007

Section C Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont) Notes to the accounts (cont)
Note 3 Analysis of income
Analysis Unrestricted
funds		 Restricted
income
funds		 Endowment
funds		 Total funds Prioryear
£ £
Donations and
legacies:		 Donations andgifts
 945 - - 945 998
Gift Aid 3,358 - - 3,358 3,036
Legacies - - - - -
General grants provided by government/other
charities		 - - - - -
Membership subscriptions and sponsorships
which are in substance donations		 14,832 - - 14,832 15,329
Donatedgoods,facilities and services - - - - -
Other - - - - -
Total 19,134 - - 19,134 19,363
Charitable
activities:		 MTS October Show 39,235 - - 39,235 33,994
MTS April Show 31,864 - - 31,864 37,521
MYTS Show 30,974 - - 30,974 23,111
Other - - - - -
Total 102,074 - - 102,074 94,625
Other trading
activities:		 MTS Concert - - - - -
MYTS Concert 1,229 - - 1,229 1,288
- - - - -
Other - - - - -
Total 1,229 - - 1,229 1,288
Income from
investments:		 Interest income - - - - -
Dividend income - - - - -
Rental and leasingincome - - - - -
Other - - - - -
Total - - - - -
Separate
material item
of income:		 Other 2,780 - - 2,780 4,287
Annual Dinner Dance 1,976 - - 1,976 1,585
- - - - -
- - - - -
Total 4,756 - - 4,756 5,872
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use		 - - - - -
Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
property rights		 - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 127,193 - - 127,193 121,149
Other informatio n:
All income in the prior year was unrestricted except for: (please
provide description and amounts)
Not Applicable
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.		 Not Applicable

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Where any endowment fund is converted into income in the prior period, please give the reason for the conversion. Not Applicable Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) Not Applicable

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 6 Analysis of expenditure
Thisyear Lastyear
Analysis Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Total funds Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Total funds
Expenditure on raisingfunds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and
social lotteries		 - - - - - - - -
Staging fundraising events 618 - - 618 933 - - 933
Fudraising agents - - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company
undertaking non-charitable trading
activity		 - - - - - - - -
Advertising, marketing, direct mail and
publicity		 - - - - - - - -
Start up costs incurred in generating
new source of future income		 - - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice - - - - - - - -
Investment administration costs - - - - - - - -
Intellectual property licencing costs - - - - - - - -
Rent collection, property repairs and
maintenance charges		 - - - - - - - -
- - - - - - - -
Total expenditure on raisingfunds 618 - - 618 933 - - 933
Expenditure on charitable activities:
MTS October Show 35,646 - - 35,646 33,471 - - 33,471
MTS April Show 38,684 - - 38,684 39,684 - - 39,684
MYTS Show 30,732 - - 30,732 32,660 - - 32,660
- - - - - - - -
Total expenditure on charitable
activities		 105,062 - - 105,062 105,815 - - 105,815
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 105,680 - - 105,680 106,748 - - 106,748

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Other information:
Analysis of expenditure on charitable act ivities
Thisyear Lastyear
Activity or programme Activities
undertaken
directly		 Grant funding
of activities		 Support Costs
 Total this
year		 Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total last
year
£ £ £ £ £ £ £ £
MTS October Show 35,646 - - 35,646 33,471 - - 33,471
MTS April Show 38,684 - - 38,684 39,684 - - 39,684
MYTS Show 30,732 - - 30,732 32,660 - - 32,660
Concerts 618 - - 618 933 - - 933
Total 105,680 - - 105,680 106,748 - - 106,748

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Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts
Note 9 Support Costs
Please complete this note if the charity has analysed its expenses using activity
categories and has support costs.
This year
Support cost
(examples)		 Raisingfunds Social Training Activity3 Grand total Basis of allocation
£ £ £ £ £ (Describe method)
Administration 1,257 - - - 1,257
Insurance 329 - - - 329
Subscription Costs 265 - - - 265
Annual Dinner Dance - 1,955 - - 1,955
Other 3,737 1,050 1,150 - 5,937
Total 5,588 3,005 1,150 - 9,743
Last year
Support cost
(examples)		 Raisingfunds Social Training Activity3 Grand total Basis of allocation
£ £ £ £ £ (Describe method)
Administration 1,050 - - - 1,050
Insurance 324 - - - 324
Subscription Costs 270 - - - 270
Annual Dinner Dance - 1,698 - - 1,698
Other 4,400 2,092 640 - 7,132
Total 6,044 3,790 640 - 10,474
Please provide details of the accounting policy adopted
for the apportionment of costs between activities and any
estimation techniques used to calculate their
apportionment.

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OOOOOOCC178 Excel (K)00(K)16 (K)00001410512023

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or
prepayments.
19.1 Analysis of debtors This year Last year
£ £
Trade debtors 25,531.1 -
Prepayments and accrued income 9,918.5 33,065.1
Other debtors 11,597.7 1,460.3
Total 47,047.3 34,525.4
Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
Thisyear Lastyear
£ £
Trade debtors - -
Prepayments and accrued income - -
Other debtors - -
- -
Total - -
Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)
Note 19 Debtors and prepayments
Please complete this note if the charity has any debtors or
prepayments.
19.1 Analysis of debtors This year Last year
£ £
Trade debtors 25,531.1 -
Prepayments and accrued income 9,918.5 33,065.1
Other debtors 11,597.7 1,460.3
Total 47,047.3 34,525.4
Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
Thisyear Lastyear
£ £
Trade debtors - -
Prepayments and accrued income - -
Other debtors - -
- -
Total - -

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Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due within
oneyear		 Amounts falling due after more
than oneyear
Thisyear Lastyear Thisyear Lastyear
£ £ £ £
Accruals forgrantspayable - - - -
Bank loans and overdrafts - - - -
Trade creditors 5,609 - - -
Payments received on account for contracts or
performance-relatedgrants		 - - - -
Accruals and deferred income 1,156 3,762 - -
Taxation and social security - - - -
Other creditors - - - -
Total 6,765 3,762 - -
20.2 Deferred income
Please complete this note if the charity has deferred income.
Thisyear Lastyear
Please explain the reasons why income is deferred. Not Applicable Not Applicable
Movement in deferred income account Thisyear Lastyear
£ £
Balance at the start of the reporting period - -
Amounts added in currentperiod - -
Amounts released to income frompreviousperiods - -
Balance at the end of the reporting period - -

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Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont)
Note 24 Cash at bank and in hand
Thisyear Lastyear
£ £
Short term cash investments(less than 3 months maturitydate) - -
Short term deposits - -
Cash at bank and on hand 27,102 24,850
Other - -
Total 27,102 24,850

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Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False) 1

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 28 Transactions with trustees and relatedparties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such
transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are
transactions to report.
28.1 Trustee remuneration and benefits
This year
None of the trustees have been paid any remuneration or received any other benefits from an employment
with their charity or a related entity (True or False)		 1
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any
remuneration or other benefitspaid to a trustee bythe charityor anyinstitution or companyconnected with it.
Name of trustee Legal authority (eg order,
governing document)		 Amounts paid or benefit value
Remuneration
 Pension
contribution		 Redundancy
(including loss
of office)/ex
gratia		 Other TOTAL
£ £ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
Please give details of why remuneration or other employment
benefits were paid.		 Paid positions are created by the trustees for director, musical director and choreographer for
our productions on a regular basis. On these occasions the trustee or related party applied for
the position as part of our usual recruitment process. After consideration (excluding the
affected trustees) it was determined that they were the correct fit for the role on this occasion,
taking into account their experience and training.
Where an ex gratia payment has been made to a trustee, provide
an explanation of the nature of the payment.		 Not Applicable
Lastyear
None of the trustees have been paid any remuneration or received any other benefits from an employment
with their charity or a related entity (True or False)		 0
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any
remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
Name of trustee Legal authority (eg order,
governing document)		 Amounts paid or benefit value
Remuneration
 Pension
contribution		 Redundancy
(including loss
of office)/ex
gratia		 Other TOTAL
£ £ £ £
Roger Foxcroft Approved by Charity
Commission		 2,000 - - - 2,000
Jessica Smith Approved by Charity
Commission		 1,800 - - - 1,800
- - - - -
- - - - -
Please give details of why remuneration or other employment
benefits were paid.		 Not Applicable

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Where an ex gratia payment has been made to a trustee, provide Not Applicable
an explanation of the nature of the payment.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there
are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
No trustee expenses have been incurred (True or False) 1
This year Last year
Type of expenses reimbursed
£ £
Travel
- -
Subsistence
- -
Accommodation
- -
Other (please specify): - -
- -
TOTAL
- -
Please provide the number of trustees reimbursed for expenses or who had 0 0
expenses paid by the charity
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest,
including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box
provided.
This year
There have been no related party transactions in the reporting period (True or False) 0
Amounts
written off
Name of the trustee or Relationship to Description of the Amount Balance at Provision for bad debts at during
related party charity transaction(s) period end period end
reporting
period
Not
Not Applicable
Applicable
Not Applicable
In relation to the transactions above, please provide the terms and
conditions, including any security and the nature of any payment
(consideration) to be provided in settlement.
Not Applicable
For any related party, please provide details of any guarantees
given or received.
Last year
There have been no related party transactions in the reporting period (True or False) 0
Amounts
written off
Name of the trustee or Relationship to Description of the Amount Balance at Provision for bad debts at during
related party charity transaction(s) period end period end
reporting
period
£ £ £ £
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Laura Foxcroft Spouse Payment for Musical
Director Role		 £1000.00 Not Applicable Not Applicable Not
Applicable
In relation to the transactions above, please provide the terms and
conditions, including any security and the nature of any payment
(consideration) to be provided in settlement.		 Not Applicable
For any related party, please provide details of any guarantees
given or received.		 Not Applicable

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Section C Notes to the accounts (cont) Note 29 Additional Disclosures The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet. Not Applicable

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Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts
and other services provided by your independent examiner. If nothing was paid please
enter '0' in the appropriate box(es).
Thisyear Lastyear
£ £
Independent examiner’s fees - -
Assurance services other than audit or independent examination - -
Tax advisory fees - -
Other fees (for example: financial advice, consultancy, accountancy services) paid to the
independent examiner		 - -

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
Please complete this note if the charityhas anytangible fixed assets
14.1 Cost or valuation
Freehold land &
buildings		 Other land &
buildings		 Plant,
machinery and
motor vehicles		 Fixtures, fittings and
equipment		 Total
£ £ £ £ £
At the beginningof theyear - - - - -
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - - -
14.2 Depreciation and impairments
**Basis SL or RB (Straight
Line or Reducing
Balance)		 SL or RB SL or RB SL or RB SL or RB
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
14.3 Net book value
Net book value at the beginning of the year - - - - -
Net book value at the end of the year - - - - -
14.4 Impairment
This year: Please provide a description of the events and circumstances that led to the
recognition or reversal of an impairment loss.
Last year: Please provide a description of the events and circumstances that led to the
recognition or reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation

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the name of independent valuer, if applicable the name of independent valuer, if applicable the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets been carried
under the cost model.		 - -
14.6 Other disclosures
Thisyear Lastyear
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed
assets and the capitalisation rate used.		 - -
(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. - -
(iii) Details of the existence and carrying amounts of property, plant and equipment to
which the charity has restricted title or that are pledged as security for liabilities.
* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please
indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage
annual deduction.

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 22 Other disclosures for debtors, creditors and other basic financial instruments
This year Last year
22.1 Please provide information about the significance of
financial instruments (eg. debtors, creditors, investments etc) to
the charity's financial position or performance, for example, the
terms and conditions of loans or the use of hedging to manage
financial risk.
22.2 If the charity has provided financial assets as a form of
security, the carrying amount of the financial assets pledged as
security and the terms and conitions related to its pledge should
be given here.

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Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 26 Events after the end of the reporting period
Please complete this note events (not requiring adjustment to the accounts) have
occurred after the end of the reporting period but before the accounts are
authorised which relate to conditions that arose after the end of the reporting period.
Thisyear Lastyear
Please provide details of the nature of the
event
Provide an estimate of the financial effect of
the event or a statement that such an
estimate cannot be made

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Charity Name Musical Theatre Stafford On accounts for the year 30[th] June 2024 Charity no 1196249 ended (if any) Set out on pages 1-2 (remember to include the page numbers of additional sheets)

Report to the trustees

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 06 / 2024 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I am qualified to undertake the examination by being a qualified member of examiner's statement Chartered Institute of Management Accountants .

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 26[th] August 2025 Name: Melanie Scott Relevant professional CIPFA qualification(s) or body (if any):

1

Oct 2018

IER

Address:

24 Beverley Close Penkridge Stafford. ST19 5SS.

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

n/a

2

Oct 2018

IER