Taunton Amateur Operatic Society Cafthrt Ham, 15 Road. Tatl. TA2 7&4 Financial Statements for the year ended 31 DeceAnber 2024 1&2 6t08 io
Taunton Amateur Operatic Soriety Annual Report of the Thstees For the year ended 31 Decembtr 2024 The ts athinister& by a fnttal Ci¥Nnthe c<ryiyng: Pre%dent JAVU S Totlle P Cox (R. 19 Mar 2025) BCOK G&ts 8 Tumer [Rs.gd- 19 2025) C Mkins {ResNThd- 19 Mar 2025) M Webber Tsknn K Warcup The day to manageTrt rfthe is by the"RU Sooty . 2016". These stite inter alra, that the OffirS of the knety the gtsaI cotYunitt& are to te eld at ts Annual GerTrI MeetiNJ and wil k Offi for rTh y. we dKJible for retth. The title to Ihe rerSal prernw (kncwn a5 the Cal&•rt Ilall) 15 in the nar1 rAthe klIng The priyrty is matta1&Y to a gctd stsraTd by (knl arml Qknitys UJCLYne 15 Supennt by hiring these facibtt5 to smikr The wincipal object of the Socty 15 to èjwate the mjblic in the drarnalK and oFeratic arts. to further tt develormnent of appreGwti) taste the said to assst and ffft 9Jch tharab rtUtI¢M tharitable ptWNX5es as the cornmiti frt)m tlY to In lt of trms sabj obht the Charity has porS to: al pramote <weras. (wdtas and other thamatr wcrts of aknavle vakje" b) acqLvre interesL£ in the c(WTight or Sre other rv4hts en6bting thÈ pif(fftaKe of the alfft YKks; c) purchase. OT Otherwise ècquire the ne$sary ass&s and fts. kKknffing red and leasehojd prcyty.. &Kiety shall not ery4age in pwftk3nt trath"ThJ tv25. e) do all such fL¥ther W actibit o furtlr tho thie In pkinntiig c4Jr octivitits for the year Y kert mixl ts (knwity CoTThrnKm's on tonefft at r trustee meetings. Cr TTrain artN1t remain stajry cl li¥e t31 ¢¥ts, of a size and scak that wojld ott'Se be un3vailae to the kKal aJ(knc& We a&0 wr fflernbe iknelop sts9e craft
Annual Report of the Trustees {cortlnued) For the year ended 31 De£emkn 2024 Ihe Adarns Famly. pr571 ofthe &xW are the fm d reSti1 fiwM15. At 31 2024 tre totsl of unrestficted fijrwts anM)unted to £61.730 {2023: n3,567). It s Fdicy d the TnJ5tee5to r4ain yJffia'&)t qu6d fvnd5 to wneet norn osh re4Ltrements to fiJr#l C4Atal projects. The {jeat a net [it (or Ihe tl £11.837 Wh is a cparj with the pricf net defi{ of £4.862. Rlsk Any ggnificant risks a regularly revie¥1 TnJ5tLts, arwKthI reE4¥ the ( key financial wsterrs and arpAs rf orw0t. The 0firM trot WLKakres hwe Lwi estat1XI to mitgate suth Tisks. Fulurn Wans The 9xiety aiffs to pth the Grease in 2025 aThl society is to that am wc6pe£b¥E future slKbWS we cost contrdted to pre%Ent dEots 19 fcThard Imrt contwwe to meet the obJ'ertNes of the 5C(ty. S Tottle (Chaimian) ax.J.:-...l.&o& S
fauntsn Amatwr Opwatlc So(iety Independent Examinerfs Rt to the Trnstees For the year ffided 311)eber 2024 I rel to Ihe d)arity tMs1 (m my eyaryknkn of attcrtyts the Amatew (Watic &)ctty for the year eTrd 31 tkcernb 2024. ruIrements of the tharities kt 2011 (the A(Y). I rer#)rt in rty of my examtnation ofthe Charitys atccrtft)ts carrial (rt on 145 of the Att aThJ in carrying Iwt mv examination I have folloed all atpFirat4e CITlI0r& gfven by the Chanty Comrri Mler secthjn 145(5Xb) of Art. I Iwwe c(npleted ry wminabon. I (0[rM ttt Tr) material mattas ha c(wne to my attertim kn Comedion with the exwnlnatk)A me TrJ5e to telithe that vi 6rry material rw." l. accwnting record5 were kept in resw of Chaiity as requiroj ty son 130 of ts Att; 2. the accojnts did not acctyd with tFN)se . 3. the nts do rK)t comply vrith ts cLYrem¥NJ tt fom) and [tert of accounts set out in the (haritits (Accolrts and Repixts) R8JLA&K¥ris 20rffj otrEr ihan any LreMent that the lInts gve a lJue arxl VEW svlith Is a matter mrtsidLTed as attention sh I (kawn In tIMs rert in to a prryv of the accc#s to be reached. Monahan5 Charteroj Accowitant5 Jlte B Blacdown House Blackbrook Park Avenue SorvEr5c* TAI 2PX 81 Ocltkn 2a2r
Taunton Amateur operatic So(iety Chartty n(* 263430 Balance Sheet As at 31 December 2024 3111212024 311121Z023 Fixed Assets Tangible Assets 29.795 Debtor5 Pfep8yftents Virgin lJ81ity Deposit Centenary Edtion EThJowma)t Fund Bank Current acc( 1,505 2.on 12 1.269 1,334 Current Liabirrtks Creditc¥s al aQTuals 33,074 44.182 Funds 5&6 Centenary EdtIOn Fund (Femwnart) Centenary Education Endort Fund {explat) 1.140 194 1.334 61,536 1,140 129 1,269 Unrestrirtoj income {gthI) 74.707 l.o.Il_)£.. •id on bEIHII by Approved by the GerteTal Q)mnMttee M .... S Totue (Chairnian) . Jw£ IDlh
4YS JY.435 21101 9,5 &Nrt55 W5 Ai lo.1 4317 JO.661 (IL} (<9aJ 1•6 TaialffupAfs 1.14) izg
Taunton Amateur Operatic Soclety Iloteg to the Accounts For the ye74r ended 31 Dember 2024 Ll B45is of accounting Taunton Amateur OwatK thaity. althess Of dY CaNebaut Hall, IS Klr¥J#on Rcad. Taunton, TA2 The rknre of the (tsriV5 aThl its primipal actibities are set wt in the Tmstees on I in accorda wth the awftJ"es SORP (FRS 102)'AcccxKlir4J Ltsrittes: Strtanent Recommended PractKe wlicatle to chawities kyepartng ac£umts in rdaTrtr wth the FThroal Rqjorting &arNJard applioiAe in the UK and IrdaTrl (FLS 102) (effec1Ne l Jafw 2019).. FIna(ial RqKrtit¥J Starnlard 102 Yhe FiFkwKial Rerxytiry 9Jbdard in the UK * Rewblic (rf Iland, and the Chatities Act 2011. stl5 have iren prared WKler the h"siorical fixed asets iimtialty rÉThknl at LUSL and &Jildrys ofthe Tofytee5 resk47b market the fFeeknbJ land exceeds the arert tM)ik of E26.875. It i5 the chatws Th)t to leva 20% per arrn a rakniNJ b3e ba 1.4 Income Jl inc(Mne is reCtlll the dwity has that the rjr(S wll receNed l [metrry vue cf ircomfiro rvsoJ1 on t rneawred wilh reliatdty. L5 EXPdTe abilitis are recwised as expthditure a5 as tset5 a c(¥t obtwati comrnityvj the dmrity to the expenthrture. All eXprfth is acc(Le0 foron acin basis aThJ has bep dassrfd uTrJei headw¥Js that agJregate all costs rdated to trt category. 1.6 Valu0•AId Tax Value Tax is rrab ty the Charityarn1 ass7th is Imded the felevart c(Gts the ac£iMJnts. productiims. 1.8 St( Are held at tt* of cost net realsatde Walt.
Taunton Amateur Operatic Sotiety Notes to the Accounts For the year ended 31 December 2024 1.1 Cash at bank and kn hond 1,11 Creditors event tlit prttY rult in the trai&er rffuTrJsto a ttmrd Flarty ar¥J due to setde t 1.12 Tax stat attathing to grts aThJ {afysng (knatiLY rtspett ¢A a period of at ka5t 01 yeai from thedate of autlh)Wlh)n r)f tr YCmUllts. tWU5tees have rDfKluded that the chaity ha5 aJeq to cothue in (watmmal eli4e1 the Ieble Freehold ttin9s & Ag at l JaThJary 2024 As 4t 31 2024 56 26 A5 at l knuary 2024 arge for year At 31 Oeceffiber 2024 13.531 730 13.531 As at 31 ttcufilyer 2024 26 P6 at 31 L*ctsnl)e¥ 2023 26
Taunton Amateur operatic Notes to the Acnts For the year ended 31 Decemw 2024 3111212024 3111212023 on 3111212024 3111212023 gjbseowrt fvtdrabitvj. fwd. TIMS hjrt may be apthied ts trai¥ryJ wrp)se5 in onr to delrJP ffleMb 6 Unrestricted fund WIH make due prtr4i9M for the mainterorKE aNI of GINebB Hbll (ts S(£ietrfs princi1 fved asset) for possib kjsses th fyAuTe w(>KJ•. No exSe5 We paid to mIsttts durirbj tl year irTr of exper chaTty'S obiectivts in pr&e(litv3 r. No Tntstee re£eivecl ary fawJeTalim durw¥J year pled0 yew. Total 29.T)5 31,740 194 1,140 61.536 194 endowmu Permanent eNlowment
SummaryofProdu¢tion Rtsu IW4 a124 Y•W311W2ts24 T¢ttal 3111212DI3 Incone Box ollke J&.750 219S8 330 913 9J3 Total iT•come Expenses ioj Teltre 4420 5.255 8.256 5.255 Proftsi(naJ f 1.018 1.456 112 1,456 J42 Slmoiy ewses rotsfdOrertCOAf 195 195 15 3,Ir 15 Bar& rgeS 515 913 515 913 i.q78 67 1,478 IndEpmdertexai)$ f&5 Insurar 272 836 1,148 L558 1.146 J31 218 218 .647 35.4AT 270 3Z3J7 5urpJus/(defidt) on woductkns 259 216
Taunton Amateur Operatic Sty Callebaut Hall income and exwKllbJrn For the year ended Dember 2024 3111212024 3111212023 Zftcome Total income Expenditure Qnal tax watw r ertricity arky ga5 CF&irring and maintenar 1rrarKe Sundry ewenses 529 4.472 4,4YJ 497 4.119 5,381 345 Totsl expenditure Excess for the year 553 io