AXMINSTER MUSICAL THEATRE – CHARITY NUMBER 261661 TRUSTEE’S REPORT FOR THE YEAR TO 31[ST] DECEMBER 2022
I was the sole trustee of Axminster Musical Theatre for the year to 31[st] December 2022 and during that year our Society performed two shows. One in the Spring called Magic of the Musicals and the other Sister Act in November. Both shows were very well received and attendance was at a high. This gave us a much larger income than we had had in previous years and gave us a break even position.
Our Society has been going since 1926 and we are looking forward to celebrating our 100th anniversary in 2026. Although we have not performed 100 shows in that time due to the Second World War and repairs to the Guildhall where we perform and again with Covid in 2020, we have always had a very loyal group of supporters and a strong committee. Axminster Musical Theatre is a happy and healthy Society which encourages all ages to take part either on stage or helping behind the scenes.
Rosemary Frances Harvey
TRUSTEE
Axminster Musical Theatre - Accounts for 2022
Accounts for 2022 and comparison with 2021 and 2020
| INCOME 2022 Bank Interest 28.37 £ £ Members Subs 330.00 £ £ Patrons Subs 148.00 £ £ Miscellaneous 50.00 £ £ EVITA 375.00 £ £ Sister Act 26,125.92 £ £ Magic of the Musicals 5,325.80 £ £ Fundraising 1,103.50 £ £ TOTAL INCOME £33,486.59 EXPENSES NODA Sub 163.00 £ £ Insurance 614.36 £ £ Show Deposits 500.00 £ £ Website 374.40 £ £ New Equipmnet 495.49 £ £ EVITA 3,329.80 £ £ Sister Act 19,515.98 £ £ Magic of the Musicals 4,309.97 £ £ Fund Raising 100.00 £ £ Bank Charges 83.01 £ £ Miscellaneous / Society Expenses - £ £ TOTAL EXPENSES 29,486.01 £ £ Balance of General Expenses £4,000.58 Avenue Q - £ £ Dirty Rotten Scoundrels - £ £ CHANGE IN BANK BALANCE THROUGH YEAR £4,000.58 Represented by Balance at 1st Jan 2022 Current Account 14,886.47 £ £ Deposit Account 10,792.64 £ £ Petty Cash - £ £ Less cheques from 2021 3,490.60 £ Less cheques from 2020 - £ £ Less cheques from 2019 - £ £ Plus income from 2021 375.00 £ Plus income from 2018 - £ £ TOTAL £22,563.51 Balance at 31st December 2022 Current Account 18,858.68 £ £ Deposit Account 10,821.01 £ £ Petty Cash 23.00 £ £ Less money owed 6,919.86 £ £ Plus income owed 145.00 £ £ TOTAL £22,927.83 PROFIT/LOSS £364.32 Potential additional cost due to costume dispute 2,700.00 -£ |
2021 2020 - - £ 210.00 50.00 £ 215.00 10.00 £ - 1,370.00 £ 22,319.71 - £ - - £ - - £ 1,246.83 - £ £23,991.54 1,430.00 £ 72.00 163.00 £ 640.00 - £ 500.00 - £ 201.60 345.60 £ - - £ 20,484.16 - £ - - £ - - £ - - £ 47.44 - £ 348.77 300.00 £ 22,293.97 808.60 £ £1,697.57 621.40 £ - 504.32 £ - 70.00 £ £1,697.57 1,195.72 £ 13,235.72 15,568.81 £ 10,725.59 10,725.59 £ 57.00 57.00 £ - - £ 229.15 3,837.96 £ - 80.00 £ £23,789.16 22,593.44 £ 14,933.29 13,235.72 £ 10,792.64 10,725.59 £ - 57.00 £ 3,490.60 229.15 £ 492.00 - £ £22,727.33 23,789.16 £ -£1,061.83 1,195.72 £ |
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AXMINSTER MUSICAL THEATRE
Registered Charity Number 261661
FINANCIAL STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2022
This Statement of Receipts and Payments has been prepared on the basis of the standards applying to a registered Charity having an income of less than E250 000 per annum
Trustees who served during the year: Mrs Rosemary Harvey
Bankers: HSBC
Independent examiner's report to the trustees of the Axminster Musical Theatre
I report to the trustees on my examina�on of the accounts of the Axminster Musical Theatre ("AMT") for the year ended 31 December 2022
Responsibili�es and basis of report
As the charity trustees of the AMT you are responsible for the prepara�on of the accounts in accordance with the requirements of the Chari�es Act 2011 ('the Act').
I report in respect of my examina�on of the AMT's accounts carried out under sec�on 145 of the 201 1 Act and in carrying out my examina�on I have followed all the applicable Direc�ons given by the Charity Commission under sec�on 145(5)(b) of the Act relevant to Accounts prepared on a Receipts and Payments basis
Independent examiner's statement
I have completed my examina�on. I confirm that no material ma�ers have come to my a�en�on in connec�on with the examina�on giving me cause to believe that in any material respect: 1. accoun�ng records were not kept in respect of the AMT as required by sec�on 130 of the
Act; or
- the accounts do not accord with those records.
I have no concerns and have come across no other ma�ers in connec�on with the examina�on to which a�en�on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed'
Name: P. J. STURROCK
Relevant professional qualifica�on or membership of professional bodies (if any): MBE, MA (Oxon) MBA, FRSA
Address: Allington Lodge, 52 West Allington, Bridport. DT6 5BH Date: 16 September 2024
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STATEMENT OF RECEIPTS AND PAYMENTS
| Income | ||
|---|---|---|
| Sales of �ckets for shows | 31 827 | |
| Subscrip�ons | 478 | |
| Other Income | 1153 | |
| Total Income | 33 486 | |
| Expenditure | ||
| Direct Costs | 27156 | |
| Overheads | 2330 | |
| Total Expenditure | 29486 | |
| SURPLUS | 4000 | |
| STATEMENT OF ASSETS AND LIABILITIES at 31 December 2022 | ||
| Current Assets | ||
| Cash at Bank and in hand | 29703 | |
| Debtors | 145 | |
| Sub Total | 29848 | |
| Current Liabili�es | ||
| Creditors | 6920 | |
| Sub Total | 6920 | |
| NET CURRENT ASSETS 31 Dec 2022 | 22928 | |
| Approved by the Trustees at their mee�ng on | and signed on their behalf |
by |
| ROSEMARY HARVEY, Trustee |
Page 2
RECONCILIATION OF MOVEMENT IN NET ASSETS TO RECEIPTS & PAYMENT SURPLUS
| Net Assets 31 Dec 22 | 22928 |
|---|---|
| Net Assets 1 January 2022 | 22563 |
| Movement in year | 365 |
| Cash Surplus per Receipts and Payments | 4000 |
| Plus 2021 Creditor | 3491 |
| Less 2021 Debtor | (375) |
| Plus Pe�y Cash | 23 |
| Less 2022 Creditor | (6920) |
| Plus 2022 Debtor | 145 |
| Net Surplus | 364 |
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