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. - 5) To do all such things as shall further the objects of the Society. 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 rDygx*Trinat*Jn l *1 Ihe app*8LlJ 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, - 1) Any electronic, electrical or mechanical equipment that either in whole or in part form a discrete system or perform a discrete function which at the time of purchase have a value of £1,000 or more shall be deemed an asset, depreciable over three years. Depreciation will be applied in amounts of one-third, the first falling due on possession and the remaining amounts on the first and second anniversary. - 2) All other items in the form of purchased goods at the time of purchase that have a value of £1,000 or more shall be deemed an asset depreciable over five years. Depreciation will be applied in amounts of one-fifth, the first falling due on possession and the remaining amounts on the first, second, third and fourth anniversaries. 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