## TAMWORTH MUSICAL THEATRE COMPANY
## REPORT OF THE TRUSTEES
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 December 2023
REGISTERED CHARITY NUMBER 252852
7/2024 by:
## TAMWORTH MUSICAL THEATRE COMPANY
## REPORT OF THE TRUSTEES
## FOR THE YEAR ENDED 31 December 2023
The Trustees present their report and financial statements of the Charity for the year ended 31 December 2023.
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 06-Jul-22 From 05-Jun-23 CHAIR Laura Whitehouse Laura Whitehouse SECRETARY Demi Williams Demi Williams TREASURER Alan Gifford Alan Gifford (Until August 2023)/ Christopher Kimpton (From August 2023) VICE CHAIR Andrew Gilman Andrew Gilman PRESIDENT Maureen Tonks Maureen Tonks MINUTE SECRETARY NA Lindsay Sparks MEMBERSHIP SECRETARY Justine Matthews (resigned Aug 22) Laura Whitehouse and Karen Terry MARKETING OFFICER Lauren Hart Lauren Hart CHILD PROTECTION OFFICER Francesca Andrews Francesca Andrews HEALTH & SAFETY OFFICER Francesca Andrews Francesca Andrews FUND RAISING OFFICER Fiona Ball Fiona Ball (Resigned October 2023) SHOW SELECTION OFFICER NA Jack Broughton SOCIAL OFFICER Jane James (resigned Sep 22) Jack Broughton OTHER OFFICERS NA 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 2023 the charity performed Bad Girls: The Musical in April 2023 and My Fair Lady in October 2023.
On behalf of the Board
Trustee and Chairman of the Board of Trustees
Date: 31/10/2024
PAGE 2
## 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 2023.
## 3) TANGIBLE FIXED ASSETS
|Plant & Machinery|Cost|Depreciation|Balance|
|---|---|---|---|
||£|£|£|
|As at 01 January 2023|8348|8348|0|
|Add: Additions|0||0|
||8348|8348|0|
|Less: Depreciation @ 10%||0|0|
|As at 31 December 2023|8348|8348|0|
PAGE 3
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TAMWORTH MUSICAL THEATRE COMPANY
I report on the accounts for the year ended 31 December 2023, 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: Stephen Ball
Date: 31/10/2024
PAGE 4
Tamworth Musical Theatre Company
## INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 December 2023
|**2022**
**RECEIPTS**
**2023**
**£**
**£**
**Productions**
-
Oliver! - 2024
1,536
-
My Fair Lady - 2023
15,814
370 Bad Girls - 2023
11,295
11,203 The Addams Family - 2022
118
881 Songs of Love - 2022
-
12,453 MADE IN DAGENHAM - 2022
-
2,000 Musical Theatre Workshop - Oct 2021
-
26,907 Total Productions
28,763
**Members**
517 FRIENDS/ PRODUCTIONS
-
630 MEMBERSHIP SUBSCRIPTIONS
1,530
1,147 Total Members & Friends
1,530
**Donations**
1,600 CHARITIES TRUST (POST OFFICE)
1,200
500 USDAW
-
123 ROTARY CLUB OF TAMWORTH
203
125 Amington Fete
-
-
Easy Fundraising
83
32 Amazon Smile
44
49 Donations
3,500
-
Gift Aid
-
2,429 Total Donations
5,030
**Other**
404 Social Events
-
01/07/2024 by:
20 Tea Money
-
-
Sundry / Other
1,000
424 Total Other
1,000
30,906 TOTAL RECEIPTS
36,323
**30,906**
**36,323**|**2022**
**PAYMENTS**
**2023**
**£**
**£**
**Productions**
-
Oliver! - 2024
(1,210)
(700) My Fair Lady - 2023
(22,796)
(1,300) Bad Girls - 2023
(15,828)
(10,986) The Addams Family - 2022
(6,479)
(2,386) Songs of Love - 2022
(252)
(20,968) MADE IN DAGENHAM - 2022
-
-
Musical Theatre Workshop - Oct 2021
-
(36,340) Total Productions
(46,565)
**Members**
(26) FRIENDS/ PRODUCTIONS
(16)
-
MEMBERSHIP SUBSCRIPTIONS
(30)
(26) Total Members & Friends
(46)
**Donations**
(800) CHARITIES TRUST (POST OFFICE)
(600)
(800) Total Donations
(600)
**Other**
(316) Social Events
-
(806) Headsets
-
(46) SumUp Charges
(24)
(131) BUILDING SETS & TOOLS
(23)
(570) NODA Insurance
(810)
(226) TRUSTEE INSURANCE
-
(72) NODA Membership
(215)
-
Networking Events
(110)
(101) Zoom License
-
(520) Rent
-
-
Tea Money
-
-
Sundry / Other
(1,180)
(2,789) Total Other
(2,362)
(39,954) TOTAL PAYMENTS
(49,574)
**(39,954)**
**(49,574)**
**(9,048) PROFIT / (LOSS)**
**(13,251)**|
|---|---|
## **TAMWORTH MUSICAL THEATRE COMPANY**
## **BALANCE SHEET 31 December 2023**
**----- Start of picture text -----**
2022 2023
£ £
FIXED ASSETS
8,348 TANGIBLE ASSETS B/FWD 8,348
ADD: ADDITIONS
8,348 8,348
LESS:DISPOSALS
8,348 TANGIBLE ASSETS C/FWD 8,348
8,348 ACCUMULATIVE DEPRECIATION B/FWD 8,348
DEPRECIATION CHARGE
8,348 ACCUMULATIVE DEPRECIATION C/FWD 8,348
NET FIXED ASSETS
CURRENT ASSETS
19,173 BANK ACCOUNT 5,833
Cash on Hand 90
19,173 TOTAL ASSETS 5,923
CAPITAL & RESERVES
28,221 INCOME & EXPENDITURE SURPLUS/(DEFICIT) B/FWD 19,173
ADD:
(9,048) INCOME & EXPENDITURE SURPLUS/(DEFICIT) (13,251)
19,173 INCOME & EXPENDITURE SURPLUS/(DEFICIT) C/FWD 5,922
19,173 TOTAL CAPITAL & RESERVES 5,922
MOVEMENT IN FUNDS
(UNRESTRICTED)
28,221 GENERAL FUND BALANCE AT 01 January 2023 19,173
(9,048) Net Movement (13,251)
19,173 GENERAL FUND BALANCE AT 31 December 2023 5,922
INCLUDED IN ABOVE
30,906 RECEIPTS 36,323
(39,954) PAYMENTS AND DEPRECIATION (49,574)
(9,048) (13,251)
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees on
01/07/2024 by:
L Whitehouse- Chairperson and Trustee