OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

WESTON SUPER MARE OPERATIC SOCIETY

ANNUAL REPORT AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023 Registered Charity Number 266217

Independent Examiner Mr Adam Turrell BA (Hons) FCA Maxwells Chartered Accountants

4 King Square Bridgwater Somerset TA6 3YF

WESTON SUPER MARE OPERATIC SOCIETY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Pages
Reference and Administrative Information 1-2
Trustees Annual Report 3-4
Independent Examiner's Report 5
Statement of Financial Activities (SOFA) 6
Statement of Financial Position - Balance Sheet 7
Notes to the Financial Statements 8-14

WESTON SUPER MARE OPERATIC SOCIETY

REFERENCE AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2023

Name of Charity: Weston-super-Mare Operatic Society
Registered Charity Number:
266217
Legal Form: Unincorporated Charitable Society
Governing Document:
The society was constituted and registered as a charity
on 17 October 1973. It's constitution was last amended
on 7 October 2009
Address: St. Jude's Hall
Grove Road
Milton
Weston super Mare
BS22 8HB
Bankers: Bank of Scotland
38 St Andrew Square
Edinburgh
EH2 2YR
Independent Examiner:
Mr Adam Turrell BSc (Hons). FCA
Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF
Trustees: Felicity Berry (Vice Chair from August 2023 and Acting Chair from November 2023)
Georgina Barry
(Chair, Resigned October 2023)
Philip Heycock
(Vice-Chair until August 2023, Treasurer
from August 2023)
Samantha Aylott
(Appointed 2022)
Margaret Wookey
Appointed August 2023
Hannah Steer
Appointed August 2023
Jodie Vickery
Appointed August 2023
Kirsteen Creswick
Appointed August 2023
Kevin Wheeler
Appointed August 2023
Carl Atkinson
(Treasurer until August 2023)
Laura Taylor
(Until August 2023)
Anne-Marie Ford
(Until August 2023)
Amy Badman
(Until August 2023)

There were no changes in the composition of the trustees' between the year end date and the date of approval of this Annual Report.

Page 1

WESTON SUPER MARE OPERATIC SOCIETY

REFERENCE AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2023

(continued)

Objects:

The Society is independent and has as its objective to educate the public in the dramatic and operatic arts and to further the development of the public appreciation and taste in the said arts. In the furtherance of this object but not otherwise the Society through its management committee has the following powers:

1) To promote plays, drama, comedies, operas, operettas, and other dramatic and operatic works of educational value.

2) To purchase, acquire and obtain interests in the copyright of or the right to perform or show any such dramatic or operatic works.

3) To purchase or otherwise acquire plant, machinery, furniture, fixtures, fittings, scenery and all other necessary effects.

4) To raise funds and invite and receive contributions from any person or persons whatsoever by way of subscription, donation or otherwise; provided that the Society shall not undertake any permanent trading activities in raising funds.

Page 2

WESTON SUPER MARE OPERATIC SOCIETY

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

The trustees are pleased to present their report and financial statements for the year ended 31 December 2023. The financial statements comply with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission on public benefit, the society's regulations and the Statement of Recommended Practice (2005) - Accounting and Reporting by Charities.

LEGAL STATUS

Reference and administrative information set out in pages 1 and 2 form part of this report.

STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

Weston super Mare Operatic Society is registered with the Charity Commission, number 266217 and is governed by its Rules and Regulations which were adopted on 30 March 1971.

RECRUITMENT AND APPOINTMENT OF TRUSTEES

The Society is managed by a General Purposes Committee which consists of the following: Chairman, Vice-Chairman, Treasurer and Secretary (non-voting), and six elected ordinary members.

All according to voting (which if necessary shall be by secret ballot) will serve for one year.

For the purposes of the above Committee, five voting members shall form a quorum.

No member of the Society may serve as an ordinary member for more than three consecutive years. At the Annual General Meeting new members etc. shall be elected.

There is also a Production Committee consisting of the following: Chairman (or Chairman's delegated officer from the GP Committee) Publicity Manager, Wardrobe Mistress/Master, Business Manager, and Secretary/Assistant Secretary, Treasurer together with the Musical Director, Stage Manager, Director and Choreographer. This Commitee will deal directly with the Society's productions, excluding financial matters.

The Production Committee shall have the power to co-opt.

RELATED PARTIES

There were no related party transactions during the year.

RISK MANAGEMENT

The trustees do not believe the Society is subject to any substantial risks beyond the liabilities discussed in this Annual Report and Financial Statements, and have taken steps to minimise any risks

ACHIEVEMENTS AND PERFORMANCE

The Society had a succesful year both in terms of its shows and its finances.

In terms of the main productions, 'When You Believe' was a cabaret show performed by our younger members 'The Oppitts' and opened the year showcasing their musical talents in singing and dancing with songs performed from their favourite musicals. This was at St Jude's and all three performances were a sell out.

Kinky Boots was our Easter production at the Playhouse and this was really well received by audiences and ticket sales went through the roof with lots of people returning to see it more than once or recomending it to others. And it was a great high energy show for the cast and crew. The audiences were buzzing as they left the theatre, meeting some of the drag queens in the foyer afterwards for photo opportunities. This show generated a healthy surplus too.

Addams Family Junior was presented by 'The Oppitts' to sell out audiences at the Blakehay in July. These talented youngsters are a valued part of our society and they learn stage skills which are invaluable when they join our adult membership. The production generated a small surplus.

Chess was not our original choice of show for the Autumn and only a September slot (in place of our normal late October programming) was available at the Playhouse. A scaled back concert version of the show was discussed originally but this developed into a very slick stage show with tremendous on stage performances supported by a powerful off stage chorus. Despite many challenges this succesful production also managed to break even.

Page 3

WESTON SUPER MARE OPERATIC SOCIETY

TRUSTEES ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

ACHIEVEMENTS AND PERFORMANCE (continued)

FINANCIAL REVIEW

The financial statements show an increase in incoming resources and resources expended in 2023. A surplus was achieved for each production and membership income and investment income exceeded goverance costs and the net cost of running premises. The Society is fortunate to own St Jude's Hall and therefore does not incur rental costs for rehearsals. In addition the social committee and 200 Club generated a significant amount of fundrasing income as well further promoting the skills of members.

INVESTMENT POLICY

The investment policy has been to choose the best bank accounts available from the society's existing bankers. It is also the Society's policy to continue building up reserves by means of annual operating surpluses.

RESERVES

The balance sheet shows funds available to the Society. Unrestricted funds amounts total £158,906

The Trustees have determined that the appropriate level of free reserves which are not invested in fixed assets should be to ensure continuity in the event of large variations in income, to pay for specific future projects, and to cover specific liabilities.

The Society needs to meet its future commitments known and unknown. It is not intended that the Society should accumulate reserves from funding.

PLANS FOR FUTURE PERIODS

The Society plans to continue its activities in future years and to increase its reserves.

VOLUNTEERS

The Society is grateful for the ongoing efforts of its volunteers including involved in the productions on and off stage and in promoting ticket sales, fundraising activities and management of our premises.

ACCOUNTING AND REPORTING RESPONSIBILITIES

The Charities Act 2011 requires the Trustees of the Society to prepare financial statements for each financial year which give a true and fair view of the Society's financial activities during the year and of its financial position at the end of the year.

In preparing the financial statements, the Trustees are required to:

1) select suitable accounting policies and then apply them consistently; 2) make judgements and estimates that are reasonable and prudent; 3) follow applicable accounting standards and the Charities SORP, disclosing and explaining any departures in the financial statements; and, 4) prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Society will continue in operation

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Society, and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the Society's assets, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 17 March 2024 and sig and signed on their behalf by:

………………………………. Felicity Berry (Acting Chair)

………………………………… Philip Heycock ACMA (Treasurer)

Page 4

Occc(da￿ewth wuvemerrts oythg chartt￿ A(a20111'thFA¢t'l. I report In reswt d my examInalk￿ olthB 3(xthnts tArrbed wctvjn 14501 thp 2011 Act BrKt In ¢wrying rDygxTrinatJn l 1 Ihe app8LlJ the ChwtyCommHsti) Aothn 145(5Xb}oftho2O11 * of x¢ountS get wl n the chant￿ IActs)unts Re￿1 2¢M other th8Tr8ny rwv¥8mw)t that the aFxourts gi¥&a'￿* faw Nt a NA B￿nr￿l{lCA￿j 4 swre TA6 3VF

WESTON SUPER MARE OPERATIC SOCIETY

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR THE YEAR ENDED 31 DECEMBER 2023
(Restated)
Note
Grants, Donations and legacies
2
Subscriptions : members/vice-
presidents/patrons
Subscriptions: Gift Aid
3
4
5
6
7
8
Voluntary Income
Governance costs
TOTAL INCOMING RESOURCES
Income Resources
Activities for generating funds
Investment income
Charitable activities
Resources Expended
Costs of generating funds
Incoming resources from charitable
activities		 Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
750
0
750
12,950
0
12,950
1,383
0
1,383
14,623
0
14,623
1,453
0
1,453
113,182
0
113,182
144,341
0
144,341
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
19,818
0
19,818
101,991
0
101,991
5,462
0
5,462
2023
2023		 2022
Total
Funds
£
7,797
11,545
0
14,527
276
79,156
113,301
2022
Total
Funds
£
18,380
90,545
5,067
Other resources expended:
Donations
9
TOTAL RESOURCES EXPENDED
TOTAL FUNDS CARRIED FORWARD
Gross transfers between funds
NET MOVEMENT IN FUNDS
TOTAL FUNDS BROUGHT FORWARD
NET INCOMING RESOURCES BEFORE
TRANSFERS		 0
0
0
127,270
0
127,270
17,070
0
17,070
0
0
0
17,070
0
17,070
141,836
0
141,836
158,906
0
158,906		 1,311
115,304
(2,002)
0
(2,002)
143,838
141,836

Page 6

WESTON SUPER MARE OPERATIC SOCIETY

STATEMENT OF FINANCIAL POSITION - BALANCE SHEET

FOR THE YEAR ENDED 31 DECEMBER 2023 (Restated)
2022
Total
Funds
£
6,012
32,157
1,221
Note
Property - St Jude's Hall
Property improvements
Land
FIXED ASSETS		 Unrestricted Restricted
Total
Funds
Funds
Funds
£
£
£
6,012
0
6,012
32,157
0
32,157
1,221
0
1,221
2023
TOTAL FIXED ASSETS 39,390
0
39,390		 39,390
Receivables and Prepayments
11
Cash at bank - Current Account
12
Cash at bank - Deposit Account
13
National Savings Certificates
Cash in hand
Amounts falling due within one year
14
Unrestricted funds :
General fund
16
Restricted funds :
CURRENT ASSETS
TOTAL FUNDS
TOTAL CURRENT ASSETS
NET CURRENT ASSETS/(LIABILITIES)
FUNDS FOR THE CHARITY:
TOTAL ASSETS LESS CURRENT LIABILITIES/
NET ASSETS
PAYABLES		 10,223
0
10,223
11,304
0
11,304
71,992
0
71,992
30,000
0
30,000
0
0
0
123,519
0
123,519
(4,003)
0
(4,003)		 30,645
3,628
44,511
30,000
533
109,318
(6,871)
102,447
141,836
141,836
0
141,836
119,516
0
119,516
158,906
0
158,906
158,906
0
158,906
0
0
0
158,906
0
158,906

The notes on pages 8 to 13 form part of these financial statements

Approved by the Trustees on : 17 March 2024

and signed on their behalf by :

Felicity Berry (Acting Chair)

Philip Heycock ACMA (Treasurer)

Page 7

WESTON SUPER MARE OPERATIC SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 ACCOUNTING POLICIES AND ESTIMATION TECHNIQUES

Basis of Preparing the Financial Statements

The financial statements have been prepared in accordance with the accounting standards and estimation techniques, the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2005), and the Charities Act 2011.

Accounting Convention

The financial statements have been prepared under the historical cost convention.

Fund Accounting

General Funds - are unrestricted funds whch are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds - comprise unrestricted funds which have been set aside by the Trustees for particular purposes.

Resticted funds - are funds wich have to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricited fund is set out in the notes to the financial statements.

Investment income and gains are allocated to the appropriate fund.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SoFA) when:

a) the charity becomes entitled to the resources b) the trustees are virtually certain they will receive the resources, and, c) the monetary value can be measured with sufficient reliability.

Incoming Resources with Related Expenditure

When incoming resources have related expenditure (as with fundraising) the incoming resources and related expenditure are reported gross on the SoFA.

Grants and Donations

Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

Charitable Tradng Activities

This consists of net invoiced sales of goods, excluding value added tax.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate.

Volunteer Help

The value of any voluntary help received is not included in the accounts but is described in the trustees annual report.

Page 8

WESTON SUPER MARE OPERATIC SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 ACCOUNTING POLICIES AND ESTIMATION TECHNIQUES (continued)

Investment Income

This is included in the accounts when receivable. All bank interest is treated as unrestricted income to the General Fund.

Resources Expended

Resources expended are accounted for on an accruals basis and have been classified under headings that aggregate all costs related to the category.

Cost of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It included both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Support Costs

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

Tangible Fixed Assets

These are capitalised if they can be used for more than one year, and cost at least £750. They are valued at cost, or if gifted, at the value to the Charity on receipt.

Depreciation

With respect to depreciation,

With respect to scenic materials and properties it is recognised that these have special significance whereby such materials and properties purchased primarily for a particular production carry some residual value post production.

All production costs associated to a particular production are allocated at 30% as a nonrecoverable expense to the specific production, with the remaining 70% designated as an asset depreciated under the terms detailed above.

Page 9

WESTON SUPER MARE OPERATIC SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2
INCOMING RESOURCES - Grants, Donations and Legacies
2023
Total
£		 2022
Total
£
Donation - Lloyds Bank Foundation 500 260
Donation - Go Kids Go
Grants - North Somerset Council -Omicron
Cheques not presented
Blood Cancer Collection
Donation - P Heycock for Kinky Boots workshop
Totals		 250 350
5,334
392
1,311
150
7,797
0
0
0
0
750
All funds received were Unrestricted
3
Rent
Unit I Purn Farm
INCOMING RESOURCES - Activities for Generating Funds
Letting of Non Investment Property
St Jude's Hall:
2023 2022
Total
£
4,219
Total
£
4,894
Total: Letting of Non Investment Property
Donations received for the loan of scenic materials, properties and
costumes		 105
4,999
2023
Total
£		 250
4,469
2022
Total
£
Singo Bingo
Charles Dickens 'Beyond Expectations'
Swinging Christmas /Christmas Concert
When you Believe Bar and Refreshment sales
Quiz Night
Annual Dinner & Dance
Other Raffles
Rehearsal Refreshments
Bridgwater Carnival Car Park Management
Weston super Mare Carnival Collecting
Christmas Market
200 Club Membership
200 Club - Other income
Other Income (excluding Interest)
Total Fundraising Income
Adjustments to previous years Fundraising Event Income
Total Activities for Generating Funds
4
Bank Deposit Interest
National Savings Bank Interest
Fundraising Events
INCOMING RESOURCES - Investment Income		 368
342
947
0
0
2,599
540
98
369
0
0
4,054
591
150
10,059
0
14,527
0
0
664
242
416
1,422
901
0
456
504
463
3,776
834
0
9,676
(51)
14,623
2023 2022
Total
£
17
237
Total
£
397
907
200 Club Deposit Interest 148
1,453		 22
276

Page 10

WESTON SUPER MARE OPERATIC SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

5 INCOMING RESOURCES - Income from Activities in Furtherance of Charitable Objects

Operatic Show Income
Ticket Sales		 2023
Total
£
£
£
£
£
2,501
58,643
9,594
36,932
107,670
Kinky
Boots
Chess
When You
Believe
Addams
Family jnr		 2022
Total
£
74,897
Cast Sponsorship
Production Donation
Production Fees
Programme Adverts		 0
340
270
450
1,060		 800
0
0
0
205
205		 757
0
0
0
0
0		 660
0
520
180
510
1,210		 0
Programme Sales 0
1,393
235
1,089
2,717		 1,423
Libretti
TOTAL Show Income
Other		 0
0
320
0
320		 520
0
0
0
0
0		 100
2,501
60,896
10,599
39,186
113,182		 79,156

6 RESOURCES EXPENDED - Costs of Generating Funds

6
RESOURCES EXPENDED - Costs of Generating Funds
2023 2022
Letting of Non Investment Property Total Total
£
£		 £
St Judes Hall:
Rates 460 162
Heating & Light 3,222 1,550
Water Rates 234 161
Cleaning and Materials 191 66
Repairs and Renewals 1,040 1,041
PRS 2,641 1,245
TOTAL cost of running St Judes Hall 7,787 4,225
Unit I Purn Farm
Rent 7,464 7,464
Rates 0 384
Electricity 103 115
TOTAL cost of running Unit I Purn Farm 7,567 7,963
15,354 12,188
Fundraising Events
Singo Bingo 0 59
Charles Dickens Beyond Expectations 0 371
Swinging Christmas / Christmas Concert 83 83
When you Believe 105 0
Quiz Night 21 0
Annual Dinner & Dance 1,124 2,720
Raffles 0 0
Rehearsal Refreshments 0 78
Christmas Market 221 0
200 Club Prizes
200 Club Presentation Evening		 2,110
800		 2,250
631
Total Cost of Fundraising Events 4,464 6,193
TOTAL Costs of Generating Funds 19,818 18,380

Page 11

WESTON SUPER MARE OPERATIC SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

7 RESOURCES EXPENDED - Charitable Activities

Operatic Show Expenses
2023
Total
£
£
£
£
£
Temporary Event Licence
21
0
0
0
21
0
585
170
549
1,304
0
360
0
360
720
0
10,637
4,332
10,598
25,567
0
975
0
125
1,100
0
4,567
95
658
5,320
0
505
0
50
555
3
8,006
607
1,860
10,476
0
5,844
1,292
7,686
14,822
0
2,880
0
4,550
7,430
12
1,392
0
1,195
2,599
1
2,624
0
1,673
4,298
0
11,270
2,037
5,778
19,085
0
133
103
0
236
0
1,430
0
1,348
2,778
0
700
0
500
1,200
0
700
0
1,200
1,900
0
270
0
150
420
0
200
0
500
700
34
100
108
228
470
TOTAL SHOW COSTS
71
53,178
8,744
39,008
101,001
Oppitts Training - Workshops and Pantomine trip
419
Performance Rights incurred for cancelled show - Les Miserables Junior
500
Additional costs relating to previous years shows
71
Performing Rights
Sundries
Wigs and Make-up
Musical Director's Fee
Credit Card Charges
Properties
Chess
Rent of Venue
Wages and Gratuities
Kinky
Boots
Programme Printing
Ticket Printing/Commission
Audio/Video Equipment Hire
Orchestra
Scores & Libretti
Costumes
When You
Believe
Scenery and Lighting
Addams
Family
Junior
Choreographer's Fee
Stationary and Advertising
Director's Fee and Expenses
Accompanists Fee		 Operatic Show Expenses
2023
Total
£
£
£
£
£
Temporary Event Licence
21
0
0
0
21
0
585
170
549
1,304
0
360
0
360
720
0
10,637
4,332
10,598
25,567
0
975
0
125
1,100
0
4,567
95
658
5,320
0
505
0
50
555
3
8,006
607
1,860
10,476
0
5,844
1,292
7,686
14,822
0
2,880
0
4,550
7,430
12
1,392
0
1,195
2,599
1
2,624
0
1,673
4,298
0
11,270
2,037
5,778
19,085
0
133
103
0
236
0
1,430
0
1,348
2,778
0
700
0
500
1,200
0
700
0
1,200
1,900
0
270
0
150
420
0
200
0
500
700
34
100
108
228
470
TOTAL SHOW COSTS
71
53,178
8,744
39,008
101,001
Oppitts Training - Workshops and Pantomine trip
419
Performance Rights incurred for cancelled show - Les Miserables Junior
500
Additional costs relating to previous years shows
71
Performing Rights
Sundries
Wigs and Make-up
Musical Director's Fee
Credit Card Charges
Properties
Chess
Rent of Venue
Wages and Gratuities
Kinky
Boots
Programme Printing
Ticket Printing/Commission
Audio/Video Equipment Hire
Orchestra
Scores & Libretti
Costumes
When You
Believe
Scenery and Lighting
Addams
Family
Junior
Choreographer's Fee
Stationary and Advertising
Director's Fee and Expenses
Accompanists Fee		 2022
Total
£
0
1,458
685
26,175
685
1,462
1,347
11,526
11,332
5,355
3,066
2,710
18,910
607
1,918
250
2,355
695
0
10
90,545
0
0
0
TOTAL RESOURCES EXPENDED - Charitable Activities 101,991 90,545

8 RESOURCES EXPENDED - Governance Costs

8
RESOURCES EXPENDED - Governance Costs
2023 2022
£ £
NODA - Subscriptions and Adverts 230 117
Data Protection Act registration 35 35
Sundries 52 0
Web Site 126 365
Printing, Stationary, Postage and Telephone 119 317
Insurance 3,911 3,573
DBS Checks 200 160
Accompanist - New Member Auditions 0 50
Laptop Software for programme printing etc 338 0
Independent Examiner 450 450
5,462 5,067

Page 12

WESTON SUPER MARE OPERATIC SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

9 RESOURCES EXPENDED - Donations

Bucket collection at Calendar Girls for Blood Cancer UK 2023
2022
£
£
0
1,311
0
1,311

10 STAFF COSTS The Society has not directly employed staff in either year. Payments paid to crew etc are shown under each show under in Note 7

There was no Trustees remuneration during either year other than the reimbursement of costs and expenses.

11 RECEIVABLES AND PREPAYMENTS: AMOUNTS DUE WITHIN ONE YEAR

Insurance prepayment
Business Rates prepayment
PRS prepayment
42nd Street - deposit for licence etc
Kinky Boots - deposit for licence etc
Oklahoma - deposit for licence, scenery etc
Joseph and the Amazing Technicolor Dreamcoat - deposit for licence
Shrek - deposit for licence
When You Believe - deposit for scores
The Addams Family Junior - deposit for licence
Chess - deposit for licence
9 to 5 income due from Parkwood Leisure
General
General 2
200 Club
Flexible Savings Account
Social Committee
200 Club
BoS Savings
BoS Instant Access Account 1
BoS Instant Access Account 2
Subscriptions Account
Sum up Card Income
DEPOSIT ACCOUNTS
CURRENT ACCOUNTS		 2023
£
3,106
104
1,396
0
0
4,397
720
500
0
0
0
0
10,223
2023
£
10,418
0
886
11,304
2023
£
4,205
2,013
12,692
48,504
0
0
4,268
311
71,992		 2022
£
3,069
142
1,245
600
2,710
0
0
0
12
1,342
500
21,025
30,645
2022
£
2,391
51
1,187
3,628
2022
£
3,264
1,909
10,544
7,076
2,161
369
19,188
0
44,511

12 CASH AT BANK - CURRENT ACCOUNTS

13 CASH AT BANK - DEPOSIT ACCOUNTS

Page 13

WESTON SUPER MARE OPERATIC SOCIETY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

14
2023
£
Sundry Creditors (200 Club prizes not yet awarded)
1,470
Blood Cancer UK Donation
1,311
Subscription monies received in advance
720
St Jude's Hall rent received in advance
66
Kinky Boots draw prize
0
Oklahoma draw prize
50
When You Believe Tickets received in advance
0
Gas used at St Judes
386
4,003
PAYABLES AND INCOME RECEIVED IN ADVANCE: AMOUNTS DUE WITHIN ONE		 14
2023
£
Sundry Creditors (200 Club prizes not yet awarded)
1,470
Blood Cancer UK Donation
1,311
Subscription monies received in advance
720
St Jude's Hall rent received in advance
66
Kinky Boots draw prize
0
Oklahoma draw prize
50
When You Believe Tickets received in advance
0
Gas used at St Judes
386
4,003
PAYABLES AND INCOME RECEIVED IN ADVANCE: AMOUNTS DUE WITHIN ONE		 (Restated)
2022
£
1,470
1,311
2,040
0
50
50
0
386
4,003		 0
2,000
0
6,871

15 RELATED PARTY DISCLOSURES

There were no transactions with Trustees in either year other than those in the normal course of operating such as the reimburement of out of pocket expenses etc.

16 MOVEMENTS IN FUNDS

General Funds Opening at
1.1.2023
Incoming
Resources
(inc. gains)
Outgoing
Resources
Transfers
£
£
£
£
£141,836
£144,341
£127,270
£0		 Closing at
31.12.2023
£
£158,906

Unrestricted Funds

The General Fund represents the free funds of the charity which are not designated for particular purposes, this includes all incoming resources for running operatic society shows, fundraising, donations, investment income and sundry income.

Designated or Restricted Funds

There are no Designated or Restricted Funds in either year.

17 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible Fixed Assets
Receivables
Cash at Bank - Current Accounts
Cash at Bank - Deposit Account
National Savings Certificates
Cash in Hand
Payables
General Fund		 31.12.2023
31.12.2022
£
£
39,390
39,390
10,223
30,645
11,304
3,628
71,992
44,511
30,000
30,000
0
533
(4,003)
(6,871)
158,906
141,836

18 ULTIMATE CONTROLLING PARTY

The Charity was controlled throughout the current and previous year by the Trustees.

Page 14