**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**
**£**|
|---|---|
## 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
2. 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
Page 1
## 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|
Page 3