The Nottlngham Oporatlc Society Chartty Commi5s1on Reglsterod Numbar. 25th83 Flnanclal Year Ernled 31 Ducemr 2024 Conltrnts Page Legal And Adthlstsatfve Infomoli)n TNsteès' Report ststemBnt Of Fknancial Actfvlva6 Ganefal Inujrne And End#Te A(xYJunt Balance Slseet As 31 0g¢erAbar2024 N(ite8 To The A(££iuiits Ind6pen(iortt Ex8n1n0. liepori
LEGAL AND ADMINISTRATIVE INFORMATION Financlal Year Ended 31 Dgc•mbgr 2024 Tha ttOhaM OperaliG So(¥¢ty 18 8 gIslad Cha gov•med by 8 8et of rulgs odopted 11 1958. Prin¢lpal •d(tr05s prnsentl clo 8inwn Theobal 130 FItsKle Road Bre1. >InghaM NG9 3BD Tru8t• IX40rwJ the fmoncol y88r ending 31 oer•et 2024. thè foWng Tw5tges ofth8 SoCty. and foffr£d its Genornl COMtte0. Mts H8fper MrShTr)n Thoob8kl. (ca)air & Honorary TarJr8r) MrAndrnw Denn. (trknnorary BUneSS nag¢r) 68 Rosann8 POBI, Wonornry Se¢xetaryl ryJ hrwBnda DrsU1th l Frank Nkolg)n Mr Nld( Snh Dan Amthng {Regned on 30101120251 Janel Woolion {Reslgn8d on 09102r2024) FlchaAI AndTrw Klsh (R8svJned on 0910212024) Mf Zak ChyrtBsVrth Ms BaTr EthaM Mr Nathan C9n Ms Luw Ofvia H8bJh s Lau1 Jones {ResvJnod on 1410112025) IR05igned on 14101120251 IAppoknted on 04J06r2025) (Appoini•d on 04102120251 The TA85 aTr ekncted fromth6 body of nwn)&rs annualy, and 8Te TBspon81bl8 for the nagenI of tho Soci8ty. Thèy rece9 no remun9tion fortho¥ 18 as TR8$. The tharity ha5 no empbyees. The TNsi8es report 15 on page 2. Oblects To DJMNate the and 0rat1¢ Ads and lryTr)v8 and ¥dUts the publtc taste In th088 Arts and to ra156 funds to be devoted to d)&rAable puw. (ors HSBC 104 FnI streel Am0. NotUrvJhaTn. N06 7EG Ind•nd&t Ex•mlnern RogeTS Spencer. arternd AUntaNt& Nkntoad HDUSg Petham Road. WknltinghanK NG5 1AP Thè Soragty is offlated to the Natlonal operat and As8oc*tknn. NOI)A Hou. 58- 60 Lknryjln Road. PetetsJrough. PEI 211L lknic Tho So(¥gty Is affilated to IAgking 8 Fbtyrood Str8et. London. SE12EL PAGE 1
TRUSTEES PORT Thè Tnjstgas their annual TBport •nd the unaudll•d fmandal sletenIS forth• yoar onded 31 tkncerrb8r2024. Objfjcts and Publlc B•nefit R•portJng The Twstees ofthe M)ttingham Operatr Socknty paid due regard to the Chothy Conmrfssbjn guklance on publ¢ b?fft ortlna in d8<>LtAia activls the Chath has undprtaken thi5 year. 014v¢tives and ktlvbtl To pmvid& and encourage advancemnt kn trtè educxllon end entsrtaknmènt ol rrBrtl8ts 01 th8 gan41 pubk by a wide range of theatric81 perfoTmnces and fmCBrts in the ttInghaM aTra. Th888 knthjde rrnJs4 singng. danciig and To pmvhje 8 lde rnnge of Shows. ddg frorn li to thosè raty perfoTNd To kèep costs kn th8 gener81 publr as low 83 pos81118 Bnd lo grant conrssk)ns to thosg li rvcelpt ol boneft out of 61udents. and the 89ed. To offer opportunliès to a wkle rdngo of peopla bt)th alrthr Bnd pTOleI)nal to inwl¥ thenwfveB athiKBly and rn¢xe8tlonaly kn nurtuthg and InprDving the perfothng 8bkn5 on stage, barjt stage and in oupporttrle 8ctfvftieB. To Invo chldten In perforrran(s, ¥theTrv8r requtrBd. erevèr posWle. on 8 b8sK to ffAke rrnnetsry donal•)ns to kJc81 or nth?nal 1•8 or by rfOThrAnC8S to support th8m. To dgvote all mni98 recaiv6d. after payffnt of the abtye to ensure qualty performances. al¥0 enwrfng that no payrrxfit is nwde to any Tsta¢ ofthe Soo¥8ty. Resums Th¢ T05ulls of the SOC Bre dètsLd on paoes 6 to 8 and akn in the noto8 to the accoun18 on paues 9 to 12. R•vlew ofthe I fegl like a brDken reo)rd, as I'l Say vthal S said &st year Yhi5 has been one of the tou0$1 yet Th)st exthing 12 Trths for tho Sori& Yet io Paphse Al Jolson- 8Wbl $08n nothing yell. On¢ again. I'd to open Tth th8nks to every8 on Ihe Conryth forther outst8ndry 2024. focusod on del9 tho hh3he4 quelly produrAk)ns for thè Socty anLI forthg TheatTr Royal. G8ttkng hOj of nwsthl T&l8oses Jth tougherlhan tt hag 8ver been, so rw( vailed lo(21 ¢onyotion and of Cou0 thdlng avalablty in the Theakn busy calendar. Iln sure now rearm how hayd the TN&te to rn8oaTch. find #nd poun¢e on IIiIB8 Imm right holdats thg r[lIng they are Trlea8ed. so that the Sod8ty Can perfoffti thoTAts ol $t End qualty. 2024 ot la8t brought ourfrt stagHig of Guys and Doll¥- many lift8 POStponed. and w8 reah¥ plèased to $98 so rr•ny tsient8d guys h) our new mTFrt)oi aUdon a0 Theknnd a new pffjdudKJlI teanK and ourthanks to Chrfs, Rob and of coutse Jusline forthelrloint Vksbn. Evgryone vbykp7g ba(sta99, Irn Stage Vanagernnt, lv8rfbfj. PIDPS. & Makeup Lhlkng and Sound proNrded Supe tethnul suppcrft to make thls Cla show so SI)0th, and thout iniident. 168rn io say thb ygar. bvtth• •yY•who• And la•db¥& was on• of best had. as you VA ha 89on in our sodal m8dia 8itouftts. Taki19 of soclal m8dio. t have so peop lo thank forthe dedicallon. invantheness and alTwnd bnThaDGa of the tO8m that our Éooal modla markolhg for Guyts afid CkJU5 suth e succe88. Ourbox Off totsl vos not we had hoped. but I have doubt that that lIabOrn1T wkxia of th3tteam a sbJnify2nt Impad on ourfinanii81 outcomès. so und of appl8usel Wo weTr also pleased to be able to sho¥$e the Sodows nw311 stspngths wllh a quthr charfty fundralsing caml singing sgason. inGbJdkng supporting Ihe Air Fb8tg8s In th8lrpr&Crtthxs Trn]al èwjftt. Thanks to Jonah, Da¥kl and for th• rywslral LX)achff. The Socièty TA be pla858d to don8t0 funds to Braii Turnur UK. PAGE 2
Flnanclal Trgh1108 We had • nK4¢h sm8kr box oifice forGuys •nd Dolls. takjng 0¥or£97AIOO. Addlonal )r(. ThlY ftDm SO8. Sub)1)n$. sales and th3 hlre was £16,006 {2023-£23,896.. 2022-£7,5511 Ourtotsl Inc•)Trn Inthdkng donatl)n6 and tT&S1 receed was £116.771 {2023 -£202.533,. 2022-£104.339 AM oxpondlturn r85ated lo th8 show now comè8 wderthe Produdb)n colry)anS b8Trk 8co)unt, reced kn a f0mt proposed by Vaknng Muw, ThBke the da•nto HMRC on ourbehalf. A8 notsd last year. wg ¢hanged thè fm8no)I stmctsJreB ofthe SO( to enable us to stsrt dalrrkng Theatse Tax RelEf. Our rrf5t deim Ifor fhitty) wa$ rec4i¥ed kn Odober and was £&3,314. kngw the fv1o1 net anK)unt untl ha corryAeted ourfTht year ofVAT <the prDdudion corrpsny NOttih¥rn Operttk PR)dUdnS is VAT Tpg15teTed We are hopeful th¥t the dain lor2024 be gTound £20.000. To glve o)ffrfort of ourfnarl poslbn. ouryear end bank balan¢0s £141.893. Afterttknxnt ofour box office fwm Guys and Dol and a 25% 8dvance fromthe Le8 IKtsabL9S box offK6. our bank bal8nos today are £317,380. Looklng So. vthot doo8 th8 kjok like forth¢ Society, asp appro8th another miorannhernary- 100 15 of perf0m9 at )ttkngh0# Th08tre Royari The lim for IDW(er) $t produLaions of tKket I Ihfg8 S(al8 Sho iy aInst certanty kn tho p8sL Pthaps 'd thlnk that box office certaintss Ike Chldy and LOF hsérnb105 bling us a hè8Ahy th889 have begn th8 expense shov4$ to datè. ty our b95t to keep Itket prw as bw as rAn. but tt IB no kjnger PD5$1 to produ&• • show of the quality our audnces axpect and (x)v8rthese c))sts frDm box offte fe(1pts. As Twe approath th18 ambthg (nlgnary nybsiona. I'd l(e to thank CAffjline onca agakn for herrfjbat•)nshi) bulding both the Theatre managomgnt end box offi08 toam& Th8 benèfrt to the Sori8ty shoukl not bB unde$nled, as have access to datss forthe next st¢ yea. thank Jonathan Savlle and h55 team for thew help. and Dave Guy and the tschnral te8nk8 for w)rlang so cklsety vlth u5 to ensure poduction wAcolence #nd safety. The hard of fxyrnrnth has pakl off onre aga lor 2025 th Les Mt#érabl•s and Charfl• and thB Chorda Faclory. We wal ntinue our c1088 ts)ntact V•llh au rights hokler5. and do Ourbe to •xdthg opporlunllkns foT Sodgty rtjers 0rthe nèxt fr 815. Drew Ail lèad the Convnitte8 I Production Company now to adiNty dgvoknp plans to InryB8S8 kn(x)me and r8duco I¥ts. vAlhout dUCing qualty. Thbs Indudes grants. IDknt thiig ¥Iti other sorJotie4 fundrB15ing & spon8Ofshlp. ThgrF have boon savoral opportunlt$ to tslk lo othBT soGkntIB$ in Ihe im dudng 2022. and eact th15 to rxjntinue In 2024-25. PAGE 3
Inwct on our charl1a0 acti¥ib•$ The Trustees contriued lo virtually 8nd wi pen duiing 2024 to rev tsks and plan for the next thr8e years of shows and fundraising. The Twsteès have a180 thoo>ugh rnvw of tho Sois Rbk Regi%tsr, 2nd th41 devebp dètaled plans lorth08e hwJh tsks thToughout 202U. Not gettiiu acws io the nwst popuLgr14)ew show Tr188ses Inceaskng costs Yesuthg kn losses and dednlng fy8eYvtss Restkth)ns ftDm the Councl hy(X Iho TheatsB Royal NDt I d8knping ¥oc81, actkng and dandng talenl d&10p9 PToduGtiDn SUPPOrt Tr$oU95 Falluro to Iprnnt $8f8 wothng PTDc4duTrs W8 held Mrtual rrnotkngs. group sessDns #nd ?binrs and haN tethnok¥Jy n pl8 to wpport thij wi 2025. The Trusteas wothed with to seok thiity or¥ how c0v wles affect non-PtDfes8ional perfoming. Ourwholè PdU)N Team contWlU05 to promde Opportun88 lorTNX leaming. c£atlng and perfomikng kn 8 Covltsats envYonrr¢nL The Tnjsleos thank al p8rfoThnoTh. rrpJsIan5, support team and supplBrs forthar h8W in nBkng thiB a poskn¥è eXpene lor How8vgr. operat•)nal expenditurè iftrJEased lo deSvertht5 CthltSs8le onvtronment. needh)g to uge hoer, 1 v•ntiL•tèd Trheatsal spaces. We ha adopt8d a pwdent approath to the SodeW$ reaeNe3, 88ekkng avalbbwty of rgtums kn o yotI& InleTrBt rat¢ enMronmèn( but Inveslti)g )1 buiklirwJ sor1et The SOcty has dgdgnatsd funds 8¥olbb thernfoTr for our uttènt and fuluTr porf0n9 plans. M•Tkeling Vany thanks to Aminda. Nthan and Bara forknadlng our pfflt and IFiJit81 matsw. and lo App8 forthèT 8UPPOrt Vfth pthUng. As our Intemaj audlots. Mel&. Antony and Loulse vil I'm 8un> noto, thls has bgen a very o)mpThc8ted produdk)n 9gxJunt wi expenditute spread over seNBr¥l 5, and niThyl8 bank a(wunts. arn gratefvl for Ihèrsuppo¢ and 8sp?coltylor thg armunting h¢lp fffjm Adekg. We VAII be w)rking &)soty 0rthe a)rrno rmnth8 MOFJng ior our f4JDrYsn MMRC ano MLn Melvth7 at Rogers Spon¢ertrJ gulJB us on revvlng our8¢wunts kn rgadlness for reportkng to the ChatlUeB Corn)n and trJ HVRC for VAT. PAGE 4
Policies The Soa&ty has adopted the fo)Mffig resepms poloj. Thg twstee5 YAI aim to engJTr that, at di tin8& thè le1 of seNe5 is appropriate to tha knl of Ihe ChaW$ Thg tN$teg8 (Hon 8uslnes6 M8n89gr and n.TreasUre¢ CXJnwte an annual rnvow of ihtr natut¥ ol the incowo and eypfjndKuro slrgarrN8, end the nature of the ffjserves in 0T lo Oefjde on the 1gv•l of Trserve5 wuKed forthe thaiityto be nwnagetl effluent. Reserves wll be hekrf Sn nterest4)erin9 accounts. rThndful of FSCS knms. Further TesBN86 can be achk¥ed through fvndrnthg. one off grants fjndud•w TheatsB Tax R8fn abNI donatk)ns. The Trustee8 are elg(ed from the b¢xly of annually. and rBsponsblg forlhe mnageffEnt of the &)a&ty. Tho TNstee8 once a mDnth io dlscuss and man•Je the SOty8 affah As lahj dowi bythe rules of the $00&ty an rEwnknrs 8rn (wjtsled, priorto the AGM. vthh a Ilst olthè Ou9nt TnJ81868 and thoeo rnlhino. TAith r8ouasts forth• ntsThaknn of any enOrf0raDpOonlnWTrt as a Twstee forthe aT. Thg eleven Twstoes 0cted at oach AGM by thè m8rrber5 ofthe soty. Fromth88è. and by Ihe8e. the Fknnornry posis ofSeuEtary. Busines5 Manager alld Tr8•wrw arg appoknted for the folk)wkng year. The TNstees have the pow to co• rymbeTr, thou thera bè 8 shortlal i) tho nurtierol el8Cted mBrtigr& wth 8pe(aal sk8 can 8150 b8 6pedal tssks bythe Trustee8. The Trustee8 meet rmnthly 01 frequ¢ntty 7Athen regutred to cary otrt nxin•gem?nt of the SodJty8 affatrs, keep abrvasl the leAal requhm&nts and onsure that up lo date ifftim¥tDn w comThunated to tl mgrrber& None ofthe Trustees rncel4eJ renyjnemtm or otherbenoffts from woth done on behal of the Stithty. Rk%k Re$ Tha Tru81•os ha% out an annual of the glrn1•g and op8rBth?nal rnk8 to vthkh th¢ SocBty Is èxposed. and appft)prwte have been estabfthed to nthgat? those rf5ks. Th15 5ndudes 8n annual of govemance based on th• fram•wt)th Pftd•d by the thartti?s co6n. Donations Th9 arr)lJnt of donations made by Ihe So(a&ty, and *Athkh ooan15aft8 are to Ie1v8 then4 ar8 so11d eath yearby the Gon8rn1 Cxjrrmkne. Tho TN5tees ¥oport vms approved bythe twstefrs and swad foron bohajl by .' S Theobabj (7knnordryTrnasvre Tru81oE PAGE 5
STATEMENT OF FINANCIAL ACTivrriES IrtrICkn 2024 2023 Ineam•: Donatk)ns 1.314 2.201 1,073 Inve¥tnEnl kncon Income from ¢MrlthbJ• a¢llvltle• Annual pmdu(aioD In(onw frDm sor1 Stsge Fees & Subs¢xlpllons WPJ hlre Incorr $k7heatre Refund 2.157 100.554 1.536 6.626 4,082 500 182.394 4,566 7.421 4,878 Tolal Income 116.TT1 202,533 Expgndknre: Costs rf charllable acllvllles Grants and donatK>n5 payable Annual produdK)n exysts CA)5ts of so¢01 activitns SUprt costs Hire c915 Depredathjn Govemance o)sts 2.1)00 103,S99 1,003 1.871 2,341 1,000 135.118 5.105 3,030 1.364 162 3.090 3.840 Tolal •xpgndl 114.854 148.869 IAty4em•nt In tsjlal knnds tr th& y•ar 2,117 53 Re¢<rtiliution Of[j Total funds broughi foNA 241.068 187,394 Tolal ndS ¢arrl•d fDnMrd 243.175 241.058 PAGE 6
DI REAC Fln d31 02 2024 2023 Incom• Palmns CknatKJ other cnatI)n¥ PtsmbeTrhip Sub8aipknns lTrt•r85t Received Inrr Irn So(4al Actpths Wlg htre Incorr sk Th08tsB Rgfund Pnfrt on Produthn 115 1.199 6,626 2.157 1.538 4,082 500 1.794 407 7.421 1.073 4,566 4.878 47.276 16817 67,415 Exponthtuye Insurance N0DAINak1g Mu Web5it8 and dkJAal sub5cthn8 Bank Chery$$ Accounlant's F8e$ Ek)natK>ns to Chartles l Sundiios DVD ry)8ts WKJ hire costs Dèpr8ctgth)n Cost ol Social Acth1$ Los5 on PdUc 511 245 704 121 3,840 2.000 290 536 496 1.332 122 3,090 1.000 365 179 2.341 162 5.105 1.1)03 3.045 1<100 13,751 Surp14moflclt For Th• Y••r fiIovom•nl In Fd$> 2.117 53.664 PAGE 7
BALANCE SHE AS AT 31 D•cember2024 02 2024 2023 Fl¥•d Keyboord I 10 Debkn Inva$trrnts Ishort Depo8tt8) Cash & Bank 114.062 110,614 31.079 44,447 103.195 96.957 13 255.755 244,599 Cwrent Llabllltte• 12 12.580 12,680 3.541 3,$41 Net rAwrnntA•*•ts 243,175 241,058 243,175 241,OJ8 Reserv•s Roslthd Fund8 Lknresbfdod Fund$ 243.175 241.058 15 243.17J 241.058 Th9S9 ao>)unls arn appmwd by tho thisl888 and ned foron the b9haW by: Twstee S Theobabj IHonorary Trfra8urorj Tw8tee PAGE 8
NOTES TO ThE ACCOUNTS Ac¢ounll Poll¢l•$ ChAFIty Inforn)•tlon The Nottingham Oporatle Socpty is 3 tharity rggkntered Ihè Charty CorMtssh)n on 3 Orknber 1968. Ac¢oundng conv¢nlion The fffl4ndal Statsnts have been pveparnd li aC0)rdan the thaiitrf5 govemlng docunnt, Iho C>4aittss Aol 2011 and 'AUnIng and Reportkng by aths.. st8teftnt of Rennded practi appkablg to chariiies prepajfng their ac(xJunts tn ac0?an vth the OnCl Reportlng Stsndard appfrtxbl& in tha UK and Republc of Ire18nd (FRS 102r las ++• ndgd foreco>Jnng Ped$ CDrnrJdng from 1 J8nuary 2016). The charfty rs a Publc Benefft Entty as dgfined by FRS 102. Thg thaity ha8 18k8n adyantage ofthe prDvaon8 in the SORP for tharties apptyrig FRS 102 Update Bull8ttn 1 not to pTrpare a Ststermnt of Cash Fkn The Ilnanclal 6tst•ffonts are prepared th stertng. is Ihg lunCn81 (r[en ollhe tharty. •h)netsry aThunts kn these ancial ststsThnts are rouftqled to the noarESt £. Th8 ffnano81 statwThnts ha bo8ft prep8rBd underthe hit)rkal cost nnIn. Th8 pmcpal aCuntkng polues adoptod are sel out b81ow. GoSng Mnc•rn At th& ttme 0fappr0v9 the fmancbl 8latsnnts, the tW8ts88 have a rEasonabl8 expe th8t th& chaiity has Adequate r860urces to (ntinue n operalbnal exstgnce forthe lores8èable ILrturè. Thus thg Iwstee8 contlnue lo adDpt thg gohg COnM ba8i8 ofauwntrig In pw)arng th8 fmani¥al 818tennts. Ch•rfl•bt? furMI¥ UnrestsiL#ed tunds are avalabl8 foruse at th8 oftha trustees kn fiJrthth¥ncT ofth8dtab1e ob8. In¢(ffllng rwour¢•s Ino)rr frum theatfB Ik8t Saluts b #)duded r9s0urys kn th& perfod in the welpvant show tskes Ce. ReDr¢eS expenthd Expendure Ls induded on an affruals ba, undor h8adhos that aggrngate all Jts rnEating lo the •ry. Flx•d assots FId 8ss•ts arn L¥Pttalisgd they bè used forrnre than one year and have a C( th at l&ast £250. Thosè items are depcIated using the StpAht Iwie rlhOd, and an Bconowic 119 of 5 years. NQTE 1 Olhr 4knwllons Fundrawg 2023 1.199 1,199 407 407 NOTE 2 Annual produellon Box Olf S8b5 PrDgrnrThn8 Sales AdvBrti59ff*nts T Shirts 97.294 1,977 60 1.223 175.362 3.900 40 1.891 1,201 182,394 100.554 PAGE g
TES TO EA T8 2024 2023 NOTE 3 Annual Costs F••8 & Htsnor8rb Und p(r& LvJh1W den) Ortheslr8 & MD Advgrts & PhOtOgPhY S(nery a Prnp5 stage £¥pgllB08 Royaknes Room fr 2.000 100 650 4.660 30 585 P2.191} 3.231 100 1.920 Progrnn T Shbts Nottkngham Opgrth Produdon$ Con1Sfy0 Fee 11x1 1.154 99,645 1.602 145,131 104599 135.118 8urplus l D#llclt On Pyoduclit) 13,045 47276 NOTE 4 Acln Fees Indep&ndont Exaffrfnauon Fe•¥ 2.040 1.800 1.390 1.700 3.091J NOTE 5 Incom• from SoGlal Acll¥itl•• AnnI{sary tknner Dan Aftershow Party 4.666 690 848 1.538 1566 NOTE 6 Costs of soclal actréltles Annrw8ary Dinnor Dance After Show Paty 5.105 1.003 NOTE 7 Swwrt e05ts In$ur8ncè NODA & Makhg foes Archival colnq l DVD5 Websike and 1181 >JbsoytKJns Bank tharges SundAes 511 245 536 496 179 1.332 122 365 3,030 705 121 289 1,871 NOTE 8 Profftl L018 On Socl¥l AcOvlllè# 535 539
NOTE 9 Inlwreslfrom $hort tsrn) thpotsits ViwJk] neY ChBrity Deposit Mansfvlj BS Corrmunty Depo8a 2024 2023 262 1.896 2,157 70 1,003 1,073 NOTE 10 Flx•d As¥ets Cost brought foThYanl FaF 20.550 F&F 20.550 Addlions Disposal 20.$50 20,550 Depreckuon bught forward Deprecbtion ch4rgg Dep¢ttIn On D4posal 20.SS0 20,387 163 20.550 Nèt 8ook Value NOTE 11 ljutstsnding produ(knn incory Outstandlna hkne Ino)n Outstand donatv)ns 153 158 645 Pr•payments aThl Ac¢ru•d Irw• Webstt8 and db#al subscwons InSunI A¢ inoJm& 54 511 81.310 81.364 774 Reimburserrnnt dug lffjm Nottkngham Operatlc Producknns Loon due Iwm Nbttkngham oporn Productbns 8.629 23.424 8.804 34.869 r4oTC 7Z Crndlt(vs tsccn*l8) Trnde Gredito Accountancy Dglen¥d IncoTh 706 2.700 135 6.540 6.040 12.580 3.541 PAGE 11
EST NTS NOTE 13 Inv•$lm•nts (shwltsrni d•pos1ts) Vygin Money (arty Dep0511 MAn8fi8bJ BS ConThinty Dgpost 25.814 85,000 110.614 18,195 85.000 103,195 2024 2023 NOTE 14 Ros•rve$ Oponng R•s•rves Net ThK)vement n funds Qo4ng Re8eNg8 241,058 2.117 243.175 187.394 53.664 241.058 NOTE 15 Tanglble Flxed Carrfed AnAtysls af nel a$s•ts between funds NEt urrent Unrestrided Restslthd 243.175 243.175 243.175 243.175 NOTE 16 Oth•r Inforniellon Ttust No reTrnJllBrntsn wa5 to the Trustegs P023: £nll Expenses of £1,443 TrI[Ul88d to 4 twstegs (3111212023.. £7.0021 dufiig the year. Th868 are paNIS to supptr8T8 there onty crod or debti (an be u¥ed. It Is bec0nO nTr)re dIrft lo usp a thgqu& paywmnt for supplSern. and the HSBC chaffty b8nk ocojunt dogs not have a dgbil ca to facltate TDJstges i)dgrnntty bjsurancè part of our insurnn¢è mrthrOUgh V4kiig Pths Th9 Socknty has no ernpbyaes (3111212023: £nl) and thorefore haB no staff costs. Um1le ojntml of th? Soiwty 18s vthh the Trustees arn respon8blg forth8 SocV$ 8ff2h As ffnth)n8d kn Iho tNstees wort thUghIts tr8de body. Makng th• Soc48ty started the proc•88 to dalmTh8atTe Tax Rell8f for 2023 prodUn. Thls Rqu•pd us to up a separnte Iwthd ¢offpany (M)tUngh8m Opgratk Ptodudvns Ltd)to make the tskn lth HMRC. Thrne of the tNst888 ar8 difyctors o1th1s corrpany. Thi9 ¢onpany VAS 2023. As • Borr* pry)durknn expandhure thB8 ¢[d PMT to that date, and L8 not part of the TTR cbim. Producaknn ¢0sts charged by M)ttingham Opernlk PXiun5 LwThRed to Notlwigham Op0[&t So(iety are £99.645 P0232145.131) and Ihere 15 a dosng amount owed to Nottkngham 0ratio Socatity by Notth)Bh8m Opèrdtic Pmductb)n$ Llmlled of £32,053 (2023-.£43.673) PAGE 12
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOTnNGHAM OPERATIC SOCIETY I raport to the tharly twst8es on ry exarrlnatiyt ofthe attunts ofth8 (aiity forthe year ended 31 D&rrter 2024. are s8t out on pages 8 to 12. RO8PDn8ililifj•s and ba81$ of rnptsrt As th• chaws trustèès you arg rnsponsbl8 for the preparntiDn oftho a¢Uts in alwan(¥ the wU[rnnnts of tho Charti25 Act 2011 nhe Actl I report In rnsp8d of my exarnlnatknn ofthe accounts thlJ out underse¢tbn 145 of the Act and in canykng out exaTthation I hav8 follod aw the 8Do&¥bl& aren bv the Chath Convnbsbn under sectknn 1451511bl of th8 At Indttpend•nt•xamlnef mort I have corfTJl8tad rry exaun8¢1)n. l L7>nfffli that no matertal ntte havÈ to rrty attention kn connerAK>n t•%th the oxarrdnatbn to belbye Ihat in any nt81ial SPect. 1 accountkng rncon18 Iire riot k6Pt h wespe(l of the thaiity Bs requlrnd by Sedn 130ofth8Ait or 2 th8 accounts do not a¢cord with those recud: or 3 the aLunts do nol conply the appl(8b18 rnquirFrrnnts canming the form and o)nt&nt of aGcounts 98t out kn Ihg Chaths (Ac¢ounts and Reports) R8gukql)ns 2008 0th8rthan any Trqutremnt that the a(xounts gi a Iwue and rawv1 is not a ffAtterctsnsldefed as part of an independent examnathn. I havg no con(ms and have ac$5 no other mtters Conftedn V&fth the eyAninatk>n lo attentDn shwlj be dvavm h) th15 rnport in oThlerto enab a proper understsnding of the actx)unis to bB athed. In Balgy FCCI.DChA RogerB Spenr Ihrtered Ac¢ount8nts N8¥Atead FIJuEe Pelham Road )ttlngham NGS 1AP 31 20ZS PAGE 13