HULL URBAN OPERA
ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025
CHARITY REGISTRATION NUMBER 1205871
HULL URBAN OPERA
CONTENTS
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Legal and Administrative Information. Trustees' Report. Independent Examiner's Report on the Accounts. Statement of Receipts and Payments. Statement of Assets and Liabilities Detailed Statement of Receipts and Payments
HULL URBAN OPERA
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
START OF FINANCIAL YEAR END OF FINANCIAL YEAR
1205871 01/06/2024 31/05/2025
TRUSTEES
Russell Plows Richard Welton Pamela Dawn Sharp Camille Maalawy Margaret Pinder - appointed 22 October 2024
Trustees are appointed following the provisions laid out in the Charity's governing instrument.
GOVERNING INSTRUMENT
Hull Urban Opera is a Charitable Incorporated Organisation with a Constitution dated 23 November 2023.
CORRESPONDENCE ADDRESS
Hull Urban Opera 5 West View Grove Street HU5 2UZ
BANKERS Barclays Bank PLC Leicester LE87 2BB INDEPENDENT EXAMINER Stephen Baker ACA MAAT Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby HU10 7BY
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Trustees Annual Report for the Year ending 31st May 2025
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in
-
the financial statements; and
-
prepare the financial statements on the going concern basis it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees 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.
Annual Financial Statements
The attached financial statements for the year ended 31st May 2025, have been prepared in accordance with the relevant Charities Act 2011.
Approved by the trustees of the charity on and signed on its behalf by:
Mr R Plows Treasurer
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INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS
Report to the trustees/members of Hull Urban Opera on the accounts for the year ended 31st May 2025 set out on pages 4 to 7.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's trustees consider that an audit is not required for this year (under section 43(2) of the 1993 (the Act) as amended by s. 28 of the Charities Act 2006) and that an independent examination is needed.
It is my responsibility to:
. examine the accounts (under section 43 of the Act, as amended).
. to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7)(b) of the Act, as amended), and
. to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S STATEMENT
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 organisation 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 the 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 the course of my examination, no matter has come to my attention
- which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
. proper accounting records are kept (in accordance with section 41 of the Act); and . accounts are prepared which agree with the accounting records and comply with accounting requirements of the Act; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Stephen Baker ACA MAAT Date: Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby HU10 7BY
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HULL URBAN OPERA
Receipts & Payments for the year ended 31st May 2025
| Receipts Notes Grant Income Donations Ticket Sales Donations under gift aid Interest Payments Charitable expenses 2a Premises expenses 2b Fundraising 2c Administration expenses 2d Governance costs - accountancy Surplus for the year Funds brought forward Funds carried forward |
2025 General 1,500 1,169 - - 18 |
2025 Designated - - - - - |
2025 2025 2024 Restricted Total Total - 1,500 35,000 - 1,169 1,000 - - 11,890 - - - - 18 56 |
|
|---|---|---|---|---|
| 2,687 77 147 200 387 250 |
- - - - - - |
- 2,687 47,946 - 77 45,665 - 147 147 - 200 - - 387 483 250 435 |
||
| 1,061 1,626 1,216 |
- - - |
- 1,061 46,730 - 1,626 1,216 - 1,216 1,216 |
||
| 2,842 | - | - 2,842 1,216 |
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HULL URBAN OPERA
Statement of Assets and Liabilities at 31st May 2025
| Fixed Assets Current assets Cash at bank Cash in hand Current liabilities Trade creditors Accountancy accruals Represented by Unrestricted funds Designated funds Restricted funds Accepted on behalf of the Trustees: Signed: Date: |
2025 2024 - - - - |
|---|---|
| - - 3,092 1,516 - - |
|
| 3,092 1,516 - - 250 300 |
|
| 250 300 |
|
| 2,842 1,216 |
|
| 2,842 1,216 - - - - |
|
| 2,842 1,216 |
|
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HULL URBAN OPERA
Notes to the accounts for the year ended 31st May 2025
1 BASIS OF ACCOUNTING
The accounts have been prepared under the "Receipts and Payments" basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements
| 2a Charitable expenditure Production Freelance Performers Advertising 2b Premises expenses Rent and rates Insurance 2c Fundraising expenses Fundraising expenses 2d Administration expenses Travel Sundry |
2025 General £ 77 - - |
2025 Designated £ - - - |
2025 2025 2024 Restricted Total Total £ £ £ - 77 15,108 - - 30,251 - - 306 |
|
|---|---|---|---|---|
| 77 | - | - 77 45,665 |
||
| - 147 |
- - |
- - - - 147 147 |
||
| 147 | - | - 147 147 |
||
| 200 | - | - 200 200 |
||
| 200 | - | - 200 200 |
||
| 196 191 |
- - |
- 196 236 - 191 247 |
||
| 387 | - | - 387 483 |
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HULL URBAN OPERA
Notes to the accounts for the year ended 31st May 2025 (continued)
3 Trustees and other related parties
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (2024: none)
4 Risk assessment
The Trustees actively review the major risks which the charity faces on a regular basis and believe that they have sufficient reserves to enable the charity to continue in the event of adverse conditions.
The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
5 Reserves Policy
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
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