Newbald Live AGM 2025 Chair’s Report
Our second year of operation as Newbald Live has been another very successful one.
We have hosted a total of 18 events in 2024, across a range of musical styles, comedy, theatre and spoken word. It is pleasing to report that the average audience has increased and we have demonstrated that as an organisation we can remain financially sustainable. Several performances played to full houses and feedback from attendees has been very positive, including lots of suggestions for future events.
It was pleasing to be able to support two events with free entry for the local community. One of these showcased local musical talent, with a full hall enjoying a variety of musical styles and appreciating the talent on display. The second was a spoken word presentation by a young local lady with plans to row solo across the Pacific. She received a great reception from over 100 people and received donations in excess of £350 for her nominated charity, The Outward Bound Trust.
Our mailing list continues to increase and direct ticket bookings from this list now account for 80% of our audience numbers.
During 2024 we have introduced the new lighting and sound equipment part-funded by grants from the Sober Hill Wind Farm Community Fund. Although no further grant funding has been sought directly, we continue to work with our hosts, Newbald Village Hall, to support their improvement programme for the benefit of the whole community.
We have an excellent team of volunteers but more would always be welcome.
Newbald Live was established with ambitions to support and promote young performers and technicians, but making contact with such people has proved challenging. We remain open to collaboration with other organisations to provide such opportunities.
Our accounts show that we have healthy financial reserves, ensuring that Newbald Live can continue our range of activities and plan for the future with confidence.
John Tomlinson
Chair, 5[th] March 2025.
Newbald Llve Reglstered Charity Number 1200918 Annual Accounts For the year ended 31 December 2024
Newbald Llve Re8lrtered Charlty Number 1200918 In¢om• Ind *xpendltur¢ account Forth• year ended 31 O•cemer 2024 31.12.24 31.12.23 cket sales Grants Prlze draw & sundry Income 19.524 13,858 1,663 807 230 Totsl Income 22,754 16,328 Expendlture Artlsts cket Commlsslons Hall Hlre Sound Website Insurance 13.388 311 1.590 1.170 223 96 114 254 400 929 18,475 9.401 199 1.511 680 241 96 27 203 162 Flyers & advertlsing Sundry Depreclatlon Totil Expendlture 12,520 Surplus lor the year 4,279 3,808
Newbald Llve Re8lstered Charfty Number 1200918 Balance sheet As at 31 December 2024 31.12.24 31,12.23 Flxed Assets Equipment Cost Depreciation Net book amount 3,717 929 2,788 Current assets Cash at bank Zettle account 5,646 249 5,669 54 5,895 5,723 Current Ilabllltles Advance sales money recelved Creditors 496 loo 1,615 31x1 596 1,915 Net assets 8,087 3,808 Capltal and reserves Brought forward 3,808 Surplu5 for the year 4,279 3,808 8,087 3,808
N•wbald Ll¥• Tr¢a¥urers Report Year ended 31 December 2024 Incom• Income foi the yearwas É22.754, an increase ot £6.427139%1 on the previous year. A surplus of É4,279was achieved in the year. an increase 01 £471112%) on the previousyear. rick&t sales were £19,524, achieved ftom 18 events and 2 music quizzes, which compares with ticket sales of E13,858 achieved from 16 events in 2023. Atotal 011.405 tickets were sold in 2024 compared with 1.112 tickets sold in 2023. The average tickei sales price was É13.89 in 2024, compared with E12.46 in 2023. A grant of £3.OOOwo$ received in theyearfrom the Sobor Hil(Wind Farm Community Fund which was towards the cost of a new sound and lighting system purchased in the year 8nd the full 8mouni ol thè giant h8s bèen included in incomè lor 2024. Sundry income in 2024 was £230. which wa8 dovln on sundry income of £807 in 2023. which included the prize draw income 012771. Expendltur Expenditure for the year was £18,475. an increase of È5.995147%1 on the previous year. Artists costs were É13,338. up É3.987142%1 on the previous year. reflecting the higher number ol events and the higher c81ibre of anists in 2024. Expenditure in¢Lu(les d¢pre¢iation ¢)f £929 in 2024. refle¢ting the depre¢iation of the newly 8cquired sound and lighting system. which 1$ being depreciated over 4 year$. The¥# w8$ no depreciation in tha previous year. Balancg Shggt Fixed assets were £2.788 reflectingthe new sound and lighting system acquired in the year. after depreciation of £929. Cash at bank was £5,646 at the end ot 2024. down É23 from the piewous year end. Net assèts werè E8.087 8tthe ènd of2024. 8n incrèas8 of£4.279on nèiassèts 8t the end of2023. Summary 2024 was another successful year which generated a he81thy surplus of É4,279. The balance sheet shows 8 good level of c8sh at bank 8nd a he8llhy net asset POSltion. A Wright- Honorary Treasurer 10 Febrtsary 2025
Newbald U¥e Independent Examlnfjrs R•port I have examlned, wlthout undertakln8 an audlL the attached accounts for the year ended 310e¢ember 2024, from the books and records presented to me and from explanatlons and Informatlon provlded by the Treasurer. In my oplnlon the attached accounts correctty rellertthe tran5aCtlon$ set out Sn the books and re¢ords. Davld R Johnson BA ACA 10 February 2025