TAMWORTH MUSICAL THEATRE COMPANY
REPORT OF THE TRUSTEES
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2022
REGISTERED CHARITY NUMBER 252852
TAMWORTH MUSICAL THEATRE COMPANY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 December 2022
The Trustees present their report and financial statements of the Charity for the year ended 31 December 2022.
The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities, issued in March 2011
REGISTERED CHARITY NUMBER 252852
TRUSTEES From 20-Oct-21 From 06-Jul-22 CHAIR Andrew Gilman Laura Whitehouse SECRETARY Fiona Ball Demi Williams TREASURER Alan Gifford Alan Gifford VICE CHAIR Nik Ellis Andrew Gilman PRESIDENT Maureen Tonks Maureen Tonks VICE PRESIDENT Vacant from AGM 21 MINUTE SECRETARY Justine Matthews NA MEMBERSHIP SECRETARY Alan Gifford Justine Matthews (resigned Aug 22) MARKETING OFFICER Nik Ellis Lauren Hart CHILD PROTECTION OFFICER Fiona Ball Francesca Andrews HEALTH & SAFETY OFFICER Francesca Andrews Francesca Andrews FUND RAISING OFFICER Jane James Fiona Ball SOCIAL OFFICER Jonathan Mason Jane James (resigned Sep 22) OTHER OFFICERS James Gorton NA INDEPENDENT EXAMINER Stephen Ball ACCA reg No. 1302761
STRUCTURE GOVERNMENT AND MANAGEMENT
The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES, ACTIVITIES AND AIMS
The Charity continued to achieve its objectives of staging musical theatre productions for the local community. In 2022 the charity were finally able to stage 2 productions since the easing of restrictions of the Covid-19 Pandemic. We eventually performed our production of Made in Dagenham in April 2022, a Summer concert and The Addams Family Musical in October 2022.
On behalf of the Board
Trustee and Chairman of the Board of Trustees
Date:
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Tamworth Musical Theatre Company
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 December 2022
| 2021 RECEIPTS £ Productions 0 My Fair Lady - 2023 0 Bad Girls - 2023 0 The Addams Family - 2022 0 Songs of Love - 2022 460 MADE IN DAGENHAM - 2022 120 Musical Theatre Workshop - Oct 2021 1,535 Magic of the Musicals - 2021 0 Christmas on the Farm - 2020 30 A NEW HOPE - 2019 2,145 Total Productions Members 0 FRIENDS/ PRODUCTIONS 300 MEMBERSHIP SUBSCRIPTIONS 300 Total Members & Friends Donations 0 CHARITIES TRUST (POST OFFICE) 0 USDAW 200 Attitude Allstars 200 Middleton Hall Trust 500 Alan Tonks Funeral Donations 259 ROTARY CLUB OF TAMWORTH 0 Amington Fete 0 Easy Fundraising 6 Amazon Smile 71 Donations 10 Collections 1,246 Total Donations Other 308 Social Events 4,410 Insurance Claim 60 Tea Money 0 Sundry / Other 4,778 Total Other 8,469 TOTAL RECEIPTS 8,469 |
2022 £ 0 370 11,203 881 12,453 2,000 0 0 0 26,907 517 630 1,147 1,600 500 0 0 0 123 125 0 32 49 0 2,429 404 0 20 0 424 30,906 30,906 |
2021 PAYMENTS £ Productions 0 My Fair Lady - 2023 0 Bad Girls - 2023 0 The Addams Family - 2022 0 Songs of Love - 2022 620 MADE IN DAGENHAM - 2022 1,214 Musical Theatre Workshop - Oct 2021 1,183 Magic of the Musicals - 2021 101 Christmas on the Farm - 2020 0 A NEW HOPE - 2019 3,117 Total Productions Members 0 FRIENDS/ PRODUCTIONS 0 Total Members & Friends Donations 200 CHARITIES TRUST (POST OFFICE) 200 Total Donations Other 578 Social Events 0 Headsets 12 SumUp Charges 0 BUILDING SETS & TOOLS 594 NODA Insurance 201 TRUSTEE INSURANCE 72 NODA Membership 173 Zoom License 248 Marketing & Print 520 Rent 23 Tea Money 60 Sundry / Other 2,480 Total Other 5,797 TOTAL PAYMENTS 696 ADD: DEPRECIATION CHARGE 6,493 |
2021 PAYMENTS £ Productions 0 My Fair Lady - 2023 0 Bad Girls - 2023 0 The Addams Family - 2022 0 Songs of Love - 2022 620 MADE IN DAGENHAM - 2022 1,214 Musical Theatre Workshop - Oct 2021 1,183 Magic of the Musicals - 2021 101 Christmas on the Farm - 2020 0 A NEW HOPE - 2019 3,117 Total Productions Members 0 FRIENDS/ PRODUCTIONS 0 Total Members & Friends Donations 200 CHARITIES TRUST (POST OFFICE) 200 Total Donations Other 578 Social Events 0 Headsets 12 SumUp Charges 0 BUILDING SETS & TOOLS 594 NODA Insurance 201 TRUSTEE INSURANCE 72 NODA Membership 173 Zoom License 248 Marketing & Print 520 Rent 23 Tea Money 60 Sundry / Other 2,480 Total Other 5,797 TOTAL PAYMENTS 696 ADD: DEPRECIATION CHARGE 6,493 |
2022 £ 700 1,300 10,986 2,386 20,968 0 0 0 0 36,340 26 26 800 |
|---|---|---|---|---|
| 200 Total Donations Other 578 Social Events 0 Headsets 12 SumUp Charges 0 BUILDING SETS & TOOLS 594 NODA Insurance 201 TRUSTEE INSURANCE 72 NODA Membership 173 Zoom License 248 Marketing & Print 520 Rent 23 Tea Money 60 Sundry / Other 2,480 Total Other 5,797 TOTAL PAYMENTS 696 ADD: DEPRECIATION CHARGE 6,493 |
800 316 806 46 131 570 226 72 101 0 520 0 0 2,789 39,954 0 39,954 |
|||
| 1,976 PROFIT / (LOSS) | (9,048) |
| 200 | Total Donations | 800 |
|---|---|---|
| 578 0 12 0 594 201 72 173 248 520 23 60 |
Other Social Events Headsets SumUp Charges BUILDING SETS & TOOLS NODA Insurance TRUSTEE INSURANCE NODA Membership Zoom License Marketing & Print Rent Tea Money Sundry / Other |
316 806 46 131 570 226 72 101 0 520 0 0 |
| 2,480 | Total Other | 2,789 |
| 5,797 | TOTAL PAYMENTS | 39,954 |
| 696 | ADD: DEPRECIATION CHARGE | 0 |
| 6,493 | 39,954 | |
| **1,976 ** | PROFIT / (LOSS) | (9,048) |
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2021 FIXED ASSErs 8,348 TANGIBLE BIFWD ADD: ADDlnONS 8.348 O LESS:DISPOS4LS 8,348 TANfjIBiE E[S (JFWD 8.348 7.652 ACCUMULATIVF DEPREaAmc4 8/FWD 696 DEPRECIAnON CHARGE 8.348 ACCUMULATIVE DEPREOAnON CIFWD 8,348 8.348 O NEF FIXED ASSErs CURREPUA55Frs 28.048 BANK ACCOUMf 173 Cash on Hand 281 TOTAL ASSErs 19,173 19.173 26245 INCOME & EXPENDITURE SURPLuglDEFi¢Jn BIFWD ADD". 1.976 INCOME & EXPENofTuRE WRPLUSIIDEFI(Jt) 28221 INCOME & EXPENDITURE YJRPLUS/IDEFIOT) CIFWD 28.221 19,0481 19.173 18221 TOTAL CAPITX& AESERVES 19.173 MOVEME1 IN FUla>S IUNREsfRICTEDI 26245 GENERAL FUND BALAN(E AT 01 January 2022 1.976 Net Movement 28221 GENERALFUND BALANAT31 De£eM21)22 28,221 19.0481 19.173 8.469 RECEIPTS 6.493 PAYMENTS APID DEPREaATION lJ76 a0.6 39.954 19,0481 The financral Ststents WÈWEZFv1d PJard ofTrntst on Li i i ¢ 135 and were stned on rts behalf ty: LwhFtehl. Chaityew50n andTru5tee
TAMWORTH MUSICAL THEATRE COMPANY
NOTES TO THE FINACIAL STATEMENTS
1) ACCOUNTING POLICIES
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
All incoming receipts are included on the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Expenditure is accounted for on a receipts and payments basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to headings consistent on a basis consistent with the use of the resources.
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Plant & Machinery 10%
The Charity is exempt from tax on its charitable activities.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restriced purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2) TRUSTEE REMUNERATION AND BENEFITS
There were no Trustees' remununeration or benefits during the year ended 31 December 2022.
3) TANGIBLE FIXED ASSETS
| Plant & Machinery | Cost | Depreciation | Balance |
|---|---|---|---|
| £ | £ | £ | |
| As at 01 January 2022 | 8348 | 8348 | 0 |
| Add: Additions | 0 | 0 | |
| 8348 | 8348 | 0 | |
| Less: Depreciation @ 10% | 0 | 0 | |
| As at 31 December 2022 | 8348 | 8348 | 0 |
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TAMWORTH MUSICAL THEATRE COMPANY
I report on the accounts for the year ended 31 December 2022, as set out on pages 2,3 & 4
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINER
The Charities Trustees are responsible for the preparation of the Financial Statements. The Charity's Trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
-
1) Examine the Financial Statements under section 145 of the 2011 Act 2) To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) of the 2011 Act); and
-
3) To state whether particular matters have come to my attention.
BASIS OF THE INDEPENDENT EXAMINERS REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commission
An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as 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 financial statements present a "true and fair view" and the report is limited to those matters in the statements below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
Which gives me reasonable cause to believe that, in any material respect, the requirements to keep the accounting records in accordance with section 13 of the 2011 Act; and to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met
OR
To which in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed:
Date:
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