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2022-09-30-accounts

(A) Chelsea Opera Group Tr ust
2021-22 2020-21
Income
Investment
income:
Interest/Dividends 3,381 2,802
Voluntary
income:
Subscriptions
/ Donations
25 245 15,093
28,627 17,895
Expenditure
Cost of generating
funds
Other Expenses (43) (49)
Other resources expended
Deficiency Grant to the Group
~35,581
(35,624)
~7,283
(7,332)
Net incoming
resources
before other
(6,997) 10,563
recognised
gains and losses
Other recognised
gains and
Gains/(losses)
on investment
Net movement
in funds
losses
assets
~5,445
(12,442)
13,140
23,711
Reconciliation
of funds
Fund balances
brought
forward
135,393 111,682
Fund balances carry forward 122951 135393
(8)Chelsea Opera Group
Incoming
Resources
Activities for generating funds
Box Office (COG sponsorships) 42,789
Programme
/ Libretto Income
3,296
Other Performances
Other Income 32
Theatre Tax Relief 21,673
67,790
Voluntary
Income
Grant receivable
from COG Trust
35,581 7,283
Total incoming
resources
103371 7283
Resources expended
Costs of generating
funds
Soloists (37,462) (1,750)
Hire of concert venue (22,804) (276)
Other professional
fees
(18,700) (380)
Hire of rehearsal
space
(10,437) (810)
Programme
/ Libretto costs
(3,063) (100)
Other advertising
and print
(2,857) (309)
Music costs (3,264) (245)
Other expenses (2,744) (1,013)
Accountancy
Professional
fees for tax claims
(1,200)
~840
(2,400)
(103,371) (7,283)
Net movement
in funds
Reconciliation
of funds
Total funds brought
forward
3,000 3,000
Total funds carried forward 3,000
The statement
of financial
activities includes all gains and losses recognised
in
the year.

Chelsea Opera Group fo r t h e year ending 30 September 2 022
2021-22 2020-21
Incoming Resources
Activities for generating funds
Box Office (COG sponsorships) 42,789
Programme
Income
3,296
Other Performances
Other Income 32
Theatre tax relief 21,673
67,790
Voluntary
Income:
Subscriptions
/ Donations
25,246 15,093
Investment
income:
Interest
/ Dividends
3,381 2,802
28,627 17,895
Total incoming
resources
96,417 17,895
Resources expended
Costs of generating
funds
Soloists (37,462) (1,750)
Hire of concert venue (22,804) (276)
Other professional
fees
(18,700) (380)
Hire of rehearsal
space
(10,437) (810)
Programme/Libretto
costs
(3,063) (100)
Other advertising
and print
(2,857) (309)
Music costs (3,264) (245)
Other expenses (2,787) (1,062)
Accountancy (1,200) (2,400)
Professional fees for tax claims (840) 0
Total resources expended - under Trust 103,414 7,332
Net incoming
resources before other recognised
gains
and losses 6,997 10,563
Other recognised
gains
and losses
Gains/(losses)
on investment
assets 5,445 13,148
Net movement
in funds
(12,442) 23,711
Reconciliation
of funds
Fund balances
brought
forward
138,393 114,682
Fund balances carry forward 125951 138,393
Balance Sheet
Fixed investments
Investments 59,927 65,372
Current assets
Cash at Bank 41,064 67,391
Debtors falling due within one year 27,315 7,985
Total current assets 68,379 75,376
Liabilities
Creditors
falling due within
one year 2,355 2,355
(2,355) (2,355)
Net current assets 66,024 73,021
Total unrestricted
funds
125951 138,393