Thalian Theatre Company (Formerly The Welwyn Thalians)
Registered Charity number 254707
Treasurers Annual Report for the year ended 31 December 2024
The accounts have been drawn up on a Receipts and Payments basis which is consistent with previous years and have been independently reviewed by the nominated scrutineer.
In 2024 the society staged 4 shows. Staging a successful show is an expensive business in part because all future productions need to be licensed and also due to the escalating costs associated with putting on excellent musical theatre. All our shows this year were successful. Twelfth night and Evita both broke even, each with a small profit. Six and Stars for a Night were both more profitable. So much of this is due to Martin, Tim, Andy Barker, Clifton and Nick Mogg for all their help with building and painting scenery and creating such wonderful lighting and sound that really enhance our shows. If we did not have such willing and talented crew, our shows would, very likely, be simply unaffordable. Four shows in one year however was very hard work and I know the artistic committee and Committee is mindful of this when considering the way forward with our shows
We continue to let the car park and also the Thalian hall to performance or creative groups. Currently we have 3 regular groups and occaisional hirers which help immensely with the running costs. The upkeep of the Thalian Hall remains a large part of the Society’s expenditure. Not only do Tim and Martin create magic with scenery, they also do a great job managing repairs in the hall. Their skills and talent save us a lot of money in maintenance.
Each year brings challenges for me as treasurer and this year we were presented with an inordinately large gas bill of almost £3000. It took 4 months of wrangling, phone calls, emails and escalating complaints for the issue to be properly identified and resolved (a failed smart meter). The final gas bill was £177.88.
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We remain indebted to you all as well as the supporters and friends of the society who continue to support us
At present the financial position of the Society is satisfactory enabling us to identify and take forward projects to further improve our performance areas.
Approved by the Committee on 14 April 2025
Signed Angela Monaghan Treasurer
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Thalian Theatre Company Accounts 2024
General income and expenditure account for the year to 31st December 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Income | |||
| Membership Subs | £2,576.00 | £1,254.00 | |
| Show Fees | £1,205.00 | £951.00 | |
| Donations/Gifts | £266.30 | £63.26 | |
| Fund Raising | £343.00 | £640.20 | |
| Ticket Sales | £21,764.62 | £13,568.17 | |
| Letting Donations | £10,312.36 | £12,833.82 | |
| Bar & Refreshments | £5,765.04 | £3,819.43 | |
| 1 | Administration | £1,007.00 | £832.41 |
| Reserve Account Interest | £246.03 | £204.15 | |
| Herts Co. Council Grant | £0.00 | £1,200.00 | |
| 2 | Costume refund | £500.00 | £10.97 |
| Programmes | £222.00 | ||
| 3 | Show Licencing | £90.00 | |
| Total | £44,297.35 | £35,377.41 | |
| Expenditure | Insurance | £1,789.41 | £1,673.08 |
| 4 | Costume Hire | £3,009.73 | £1,719.57 |
| Scenery/Props Hire | £911.42 | £30.00 | |
| 5 | Scenery/Props Built | £1,203.21 | £2,379.16 |
| 6 | Administration | £3,743.48 | £2,692.55 |
| Hall Rent/Rates | £832.50 | £666.00 | |
| Hall Maintenance | £10,928.51 | £9,144.57 | |
| Advertising | £1,190.68 | £376.66 | |
| Donation/Gifts | £295.00 | £124.46 | |
| Show Licencing | £4,757.01 | £7,553.01 | |
| Bar/Refreshments | £1,399.57 | £1,078.79 | |
| 7 | Show Music & Musicians | £9,072.24 | £5,339.15 |
| Director(s) Honorarium | £850.00 | £750.00 | |
| Hall Foyer refurbishment | £0.00 | £1,200.00 | |
| Membership refund | £140.00 | £31.00 | |
| Car park letting refund | £485.32 | £0.00 | |
| 8 | Tickets refund to Welwyn Wailers | £1,255.50 | £0.00 |
| Total | £41,863.58 | £34,758.00 | |
| Excess of | income over expenditure | £2,433.77 |
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Balance Sheet Assets
Non liquid fixed assets
£8,000.00
| NatWest Bank | Current Acc. | £4,027.69 | |
|---|---|---|---|
| Natwest Bank | Reserve Acc. | £18,085.00 | |
| Liabilities | |||
| Rent | 666.50 | ||
| Electricity and Gas | £5,000.00 | ||
| Shows 2025 | £5,000.00 | ||
| Buildings Insurance | £1,500.00 | ||
| Castle Water (Waste & Clean Water) | £600.00 |
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Includes Welwyn Wailers
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