REGISTERED CHARITY NUMBER: 256339
Report of the Trustees and Financial Statements for the Year Ended 30 April 2021 for The Wombwell & District Amateur Operatic Society
Brearley & Co Accountants 69 High Street Dodworth Barnsley South Yorkshire S75 3RQ
The Wombwell & District Amateur Operatic Society
Contents of the Financial Statements for the Year Ended 30 April 2021
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 7 |
| Detailed Statement of Financial Activities | 8 |
The Wombwell & District Amateur Operatic Society
Report of the Trustees for the Year Ended 30 April 2021
The trustees present their report with the financial statements of the charity for the year ended 30 April 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
256339
Principal address
The Operatic Centre George Street Wombwell Barnsley S73 0DD
Trustees
Mr G Fellows Mr L Smith Mrs S Gent Mrs L Pass Mr C T Wakeford Mrs V A Wakeford Mrs V M Bates Mrs J Dixon Mrs L Roberts Miss C Owen Mrs D Oliver-Haste Mrs A Murray
Independent examiner
Brearley & Co Accountants 69 High Street Dodworth Barnsley South Yorkshire S75 3RQ
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on 16[th] February 2022 and signed on its behalf by:
Mrs D Oliver-Haste - Trustee
Page 1
Independent Examiner's Report to the Trustees of The Wombwell & District Amateur Operatic Society
I report on the accounts for the year ended 30 April 2021, which are set out on pages three to seven.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
My role is to state whether any material matters have come to my attention giving me cause to believe:
-
that accounting records were not kept as required by section 130 of the Act; or
-
that the accounts do not accord with those records; or
-
that the accounts do not comply with the accounting requirements of the Act; or 4. that there is further information needed for a proper understanding of the accounts.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
Brearley & Co Accountants The Old Co-op 69 High Street Dodworth Barnsley South Yorkshire S75 3RQ
16[th] February 2022
Page 2
The Wombwell & District Amateur Operatic Society
Statement of Financial Activities for the Year Ended 30 April 2021
| 30.4.21 Unrestricted fund Notes £ INCOMING RESOURCES Incoming resources from generated funds Voluntary income 32,366 Activities for generating funds 2 533 Investment income 3 2 Total incoming resources 32,901 RESOURCES EXPENDED Other resources expended 12,868 NET INCOMING/(OUTGOING) RESOURCES 20,033 RECONCILIATION OF FUNDS Total funds brought forward 17,974 TOTAL FUNDS CARRIED FORWARD **38,007 ** |
30.4.20 Total funds £ 1,458 24,828 6 26,292 27,625 (1,333) 19.307 17,974 |
|---|---|
The notes form part of these financial statements
Page 3
The Wombwell & District Amateur Operatic Society
Balance Sheet
At 30 April 2021
| 30.4.21 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 13,336 CURRENT ASSETS Prepayments and accrued income 500 Cash at bank and in hand 24,171 24,671 NET CURRENT ASSETS 24,671 TOTAL ASSETS LESS CURRENT LIABILITIES 38,007 NET ASSETS 38,007 FUNDS 6 Unrestricted funds 38,007 TOTAL FUNDS **38,007 ** |
30.4.20 Total funds £ 13,336 1,000 3,638 4,638 4,638 17,974 17,974 17,974 17,974 |
|---|---|
The financial statements were approved by the Board of Trustees on 16 February 2022 and were signed on its behalf by:
Mrs D Oliver-Haste -Trustee
The notes form part of these financial statements
Page 4
The Wombwell & District Amateur Operatic Society
Notes to the Financial Statements for the Year Ended 30 April 2021
1. ACCOUNTING POLICIES
Accounting convention
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.
Incoming resources
All incoming resources 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.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
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 restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. ACTIVITIES FOR GENERATING FUNDS
| Fundraising events Costume Hire Income From Productions Room Hire Other income INVESTMENT INCOME Deposit account interest |
30.4.21 £ 25 - 475 - 33 533 30.4.21 £ 2 |
30.4.20 £ 4,275 85 16,395 2,134 1,939 24,828 30.4.20 £ 6 |
|---|---|---|
3. INVESTMENT INCOME
Page 5
The Wombwell & District Amateur Operatic Society
Notes to the Financial Statements - continued for the Year Ended 30 April 2021
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020.
5. TANGIBLE FIXED ASSETS
| Freehold | |
|---|---|
| property | |
| £ | |
| COST | |
| At 1 May 2020 and 30 April 2021 | 13,336 |
| NET BOOK VALUE | |
| At 30 April 2021 | 13,336 |
| At 30 April 2019 | 13,336 |
6. MOVEMENT IN FUNDS
| Net | |||
|---|---|---|---|
| movement in | |||
| At 1.5.20 | funds | At 30.4.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 17,974 | 20,033 | 38,007 |
| TOTAL FUNDS | 17,974 | 20,033 | 38,007 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources |
Movement in | |
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 32,901 | (12,868) | 20,033 |
| TOTAL FUNDS | **32,901 ** | **(12,868) ** | 20,033 |
Page 6
The Wombwell & District Amateur Operatic Society
Notes to the Financial Statements - continued for the Year Ended 30 April 2021
6. MOVEMENT IN FUNDS – continued
Comparatives for movement in funds
| At 1.5.19 Net movement in funds At £ £ Unrestricted Funds General fund 19,307 (1,333) TOTAL FUNDS 19,307 (1,333) |
30.4.20 £ 17,974 17,974 |
|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 24,828 | (27,625) | (1,333) |
| TOTAL FUNDS | 24,828 | **(27,625) ** |
**(1,333) ** |
A current year 12 months and prior year 12 months combined position is as follows:
| At 1.5.19 Net movement in funds At £ £ Unrestricted funds General fund 19,307 18,700 TOTAL FUNDS 19,307 18,700 |
30.4.21 £ 38,007 **38,007 ** |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources |
Movement in | |
|---|---|---|---|
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 59,193 | **(40,493) ** | 18,700 |
| TOTAL FUNDS | 59,193 | **(40,493) ** | 18,700 |
Page 7
The Wombwell & District Amateur Operatic Society
Detailed Statement of Financial Activities for the Year Ended 30 April 2021
| INCOMING RESOURCES Voluntary income Donations Grants Subscriptions Insurance Other Activities for generating funds Fundraising events Costume Hire Income From Productions Room Hire Other income Investment income Deposit account interest Total incoming resources RESOURCES EXPENDED Support costs Management Expenditure on Activities Total resources expended Net expenditure |
30.4.21 £ - 27,431 - 4,873 62 32,366 25 - - - 508 533 2 32,901 12,868 12,868 20,033 |
30.4.20 £ 413 - 1,045 - - 1,458 4,275 85 16,395 2,134 1,939 24,828 6 26,292 27,625 27,625 (1,333) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 8