## **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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Page 7
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
1
## **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;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- 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
2
## **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
1. 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
2. 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
3
## **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|
4
## **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**|
|||
5
## **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|
6
## **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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