ABINGDON OPERATIC soaErY

Trustees Re1￿xt
lThlependent Examinerf Rewt
Statementof Financial Actwibe5
Balar￿ Sheet
9t013
62 BessebleEh Road
Wootton
Abing£lon
OX13 6DX
National Westminster Bank PLC
16 Market Pl*È
ChippinE Norton
Oxon. OX7 5ND
Ross Brooke Limited
Suite I
nd[￿ Court.
OX14 ISY

ruste￿ Report
etrustees present their re[A￿tOgether with the financial stataTr)entsforthe year ended 315t December 2023.
harity InfOrn￿10n
bingdon Operaticsoaety i% a ￿gIstered d￿rity in England {2731491. The ad(Iress of the regI￿red office is gi¥en irt the
harity iftforrnation on page l ol these financial statements. The nabjre of the£haritys oFffitirms and principal
rtivities 3reto edu(*e the public irt the dramatrcand operdticarts.
hecharity corstittEte5 a public benefft entity as defined by FRS 102. Thefinanaal st*en7ents lTrve been rxepared In
cCo￿l&n￿ with Accounting and Re￿rri￿ by Chafftie5: state[T￿Of Recommended Prath￿ applirdble to charit¢es
rpparingtheir3ccounts in ￿rdan￿ w¥th the F5nanaal ReportingStar#4ard 3ppJtsr2ble in the UK and Republic of
relar)d issued in October 2019. the ￿nanCial Re[￿1r* Stxndard appli(able In the United Kingdom and Republic of
reland IFFiS 1021, the ChaYfttesAct 2011 arKI UK Generalty AC￿pted Acwjnting Practice.
e finarrial 5tatemerts are wepared on a golng corKern ba%i5 underthe histori£al convention, modified to
dudecertain items atfairwalue. Theffirtanoal statements a￿ presented insterli1￿ tlthich is the functi￿81 ojrrency of
he charity and r¢yJfided to the nea￿$t£
he $4gnTrftcant account1r￿ polides applied in the weparatM￿ of th2sefirorKialStateM￿ aresetout bebw. These
oliaes have been Consis￿￿Y apFdTed to all YearSpresent￿ unless otherwise stated.
e Charlty Tr5 aiknini#ered bya Managemerrtcommittee o)mprisirE:
oy Skeels
Rosalind Mettiman
Nigel Winter
arah Walters
a¥ry Greenaway (re￿gned 11 May 2023)
aughan Roberts
om Codd
elen Coad Iresi£ned 22 Aug￿t2023)
ara Hunt I￿18￿ed 31 October2023)
ame5Tayler lappoirrted 11 May 20231
atthew Foster (appointed 22 August 20231
Chair
Treasurer
Chair
arityObiectNe5
eTwstees confirm that they havè paid due regard tot￿ commissiorfs publlc benefitguidance.
he obiertives of the SLKEty aTe to.
Educatethe public in the dT3matrand operatic artsthrrwh partic7￿1[￿ and enioyment.
To Introdu￿ young peopEe tothe stsge lry eno)urngite them totake part in produchors andfosterin8 their
participation in the dramaticart&
To a5siStothers￿etieS and s(knb by making availatle cosbjmes KffOPS.

ABINGDON OPERATicsoaETY. TRUSTEES ANNUAL REPORT
FOR THE YEAR E14DED 3tst DECEMBER 2023
eview of Yea<s Atti¥its
is year saw the return to our nO￿nal scheduEe followingthe interruptÉons in the previous two years a5 a result of the
lobal pandemiG
tage production of Carousel in Aprtl 2023.
tage produttion of Chitty Chitty Bang Bang in October 2023.
otal Membership.- 146
e major rtsks. to whlch the charTty 15 exposed. as identified by the truste￿, have been reviewed and systems have
en put into place to minimize the risks. The Society has a chikl protettion policy.
he trustee5 aim to keep a minimum of 51Y% of the cost of a production in reserve to cover the @xpenditUTe for the next
h¢)w prior to tidKet sale
osalind Merriman
reasurer
Joy Skeek
Chair
Page 4

tatement of Tru5teÈg Responsibllttie5
eTrustees are reswnsible for preparing theTn￿ Arlnual Rep￿t and the financial ststements in accordaft￿ wf(h
pplirdble lawand Uniied ￿ngdoM ACCOU￿r￿¥ Standards (Unfted Generally Accepted PLtountin8 Practice),
ntbjding FRS 102.the hnancol ReportingStaT￿3ld ap￿1£at￿e in the LIK and Republic of Ireland.
e law applicableto charities in England and Wales requirestheTru51ee5 to prep3refffiancial statementsfor eath
Enancial yearwhich 8iveatrue andfa￿VieWo*the stateofaffwsofthe and ofthe inwmirE8 resourw and
ppltcatton of resowresof the tharityforthat pernd In Freparrythesefinancial SkteM￿tt5. theTn￿ are required
ObseNethe mett¥)ds and winciptes £7￿[11]eS ￿ftP:
State whetherapplicable ￿0)Unting$￿t￿lardS have been fol￿wed. and
Prepare the financial statements on thegr*rerorthn basis unfes5 k 15 in3wWe to prwvmethatthe
Charity will contintEe in bLLsine55.
eTru5tee5are responsil)lefor keeping woperaccounting recordsthat tthxlo*with reasonable acajraq at anytime
he finanual position of the Charity and enable them to e[￿￿Te thatthefinanLial statements Comp￿ with the U*rtties
ct 201L the Chartty {Accounts Rep)rt51 Re8ulatN)n5 2￿ andthe provi51t￿ of the TtU5t deed. They ale atso
esponsibleforsafeguardlngthe assets of d* Charity fortaking reascffiable steps forthe prevention and
tection of fraL￿ and other Irreg￿arIt1eS.
eTrusteesare resEx)nsIblefor￿ Maintenan￿ and integrityof the charityar￿ finanaal trIforrr￿n induded on the
arity's website. Le8i51at*xh in the Untted Ki￿d0M 8overr4r¥the prepaEal*)n and (M￿Mir*abon of finaDEial
ments may difFerfr(Nn l*ation in other juri51ktior
ulranentstor prepari
Orderof theTrust
tgned:

ndependent Examiners Report
othe Trustees ofAbingdon Operatickn
ur report to the Trustees on our examinatron oftheactou¥rt50fthngdon OperatieSLwiety Ilhe Cha￿￿} fty the year
nded 31° De£emFM2023 which crmwrisethe st4*M￿Offi￿ar￿Tal thtses. the balarte theet and the re13ted notes
it0￿.
his report is made soletyto thech￿rty* TnJstee5. a% a Ix)ty. in actordarKewtth section 145 of the ajarittes Act 2011
nd regulations maye under section 154 of thètP£L work has teen undertaken so that we rni8ht state to the
harity's Trustee5those rnattersweare required to 5kte ts)them in an independent e￿[nIne<S reFK)rt and for no other
urpose. To the fvlle5textent rem7itted ￿ law. we ￿ not &tept orassume ￿rGIbI1[ty to anyot)e otherthanthe
harityand the ChaTiVsTrusteesas a tr*)0*. fOr￿TWo￿foFth1S rew¢ orforthe Opinior￿ we have fom*d.
s the Charitys TrtFSteesyou are r￿￿)nsible for the weparation of the accounts in accordan￿ with the reqijirements o
he Charities Act 2011 Iyhe 2011 Arfl. You are satisfEd thatyour tharity is nrtrequired by ¢harity law to be audited
nd have chosen insteadto Ftave an independent examir*tion.
e report in res￿ of ourexamination of ywrCharÈVs actounts a5farried OTJt urtdersection 145 of the 2011 Act. In
rying ourexaminatM)n we have fDllrAved the applicable Directions given by thecharity Commission under section
45{51 Ibl of the 2011 Act
ha¥e completed my examination. I confirnithat no m*erral mattw5 ha¥ecomÈtr& rnYattentK￿ in connertion withthe
xamination gi￿re me causeto believe that in any material respett.
Attounting records were not kept in respect of a5 required tysettK>n of the 2011 Act; or
The accounts do not acmrd with those records: or
The accounts do rM)t compwwtrh the applicabte requwa*eFts concerrA￿ theforni and conterrt of accounts set
in the Charities IAcccMJnts and Reports} Regu￿1¢¥￿% 2(X)8 otherthan ary reqwrement thatthe accounts wve a *rue
nd fairview. which is not a matterconsfidered as parr ofan Fn￿texaMin￿ti0n.
have no concerns and have £ome across M otherrnattws Fn con¥*ction with the examinatiDn to which attention
hould be drthn inthÈs ￿k￿rtin orderto enabte a ￿derStar￿li￿Ofthe aco)untsto be reathed. Indepeftdent
Examiners Report
igned by: Caroline Webster BA FCA
oss Br¢Joke Limtted
ate: 0310512024

IHCOMEANOEXPE￿fiE
7.020
445
1.475
7.020
445
L475
7,007
365
295
245
53.710
Interest re￿&¥8b
shows
Tax refvnd
1.616
1.616
93595
S20
79.146
79J46
64A39
8L447
148
I3￿)
47.084
357
47.441
51.406
5923Z
357 ￿.589
47A41

Tangiblefixed aEets - .
Debtors
Prepayments
Cash at bank and in harKI
2,761
59.982
49.731
li
(1902}
fl8701
46.861
Total Net Assds
59
47.441
Inton￿ Funds
UnrestrKted. General Fund
59.232
357
47.084
357
47A41
The KJtesLm pages ￿13forM p3rt of tl¥saccount aThJ have
Date:
3c*h Ap￿L 202
Nigd Wtnter

.1 Funds
nrestrtcted fundsaTE avail¥bleforuse atthe th5(retKon of the trustees itifurtheréFKe of thegeneral objeLtive5 of the
harity and which havenot L*en designated forother
e5tricEed fundsare funL*s which 3FEto be used in accordarts th 5pÈafic restrictions imposed by donors orwhich have
een raised by the chaTityforpartiL7Jlar purt)05es. The costof raising and administeting such funds are charged against
he 5peuficfvnd. The alm Brml use of eath rÈstrictEd fiJFwJ i5setout in ￿ notestothefirrancial sratemen
11 incoming resources are induded inthe Statemerrtof Firts3rKial Attivitie5 (SOFA) whenthe tharlty is le8alty entÈtled to
he income after any perfomance con(litions have been meL theamount L7n be rnea5ured reliabty and it is probable
at the inc(kne will be received.
Fordonations to be reco￿Lsed the d*rity wim hai*P been rntified oftheanKwnts andthe5ettlement date in writin& If
here are corKlrtion5 atrdched to the donation and this rew1￿3 levd of perfonnance before entitlement can be
btained then Income is deferred uTrtil those condFtsOnS aref¥klfy met orthefulfflmentof those conditions is within the
ntrol of the charityand it is probable thattheywill be fviftifed.
11 e￿nditu￿ is a£couErted for on an accxuais basis and has dassified under headirgs thataggregateall costs
elated tothe category. Expenditure ts re(Dgni5ed vthere there is a leEal Or0￿strUct￿￿e oblwion to make pa￿entst0
hird parties, ht is probable thatthe settlernertwill be required and the aM￿t of the ¢A)ligakni can be measured
liabjy.
tors and ueditors wtth no stated interestrate and reteirdble or payablewwthin one year are recorded attrdnsaction
ri￿. Any10ssesaiisingfrom impai¥TheTrtare recognised tn expenditure.
quipmentis Capital￿e￿ when over £l(M)and c(*)sIde￿dto have lor%-term use and deweciation is cakulated to write
he tost overthe expected usehjl lives of the assets c(XKen￿.The fdlowirE r3tesand bases have been used:
Piano
Equipment
-25% reducirE balan￿ ba$55
-33.33% reducing balan￿ bas
Going con￿rn
e finarrial 5tstements have been F¥epared on a going con￿rn basts as thetrll5tees ￿leVe thèt no materral
D￿rtaIntIeS exist. The trustees have considered the level of fvnds held and the eX[￿ted level of inc(me aftd
xpen*Jiture for 12 monthsfrom 3uthorisinE thesefinan(ial stètements. The budgeted income aFMI expenditure Is
ufficient wsth the level of reservesforthe charity tobe able toconti￿e as a goin8 C(m￿M.

Bank Interest
Building Society irterest
23
245
Charity donation
Shows- Ditect Inote 61
Rehearsal halLs
256
69,555
2316
69555
1916
56.955
3315
201
991
Irtsurance
Stordge
Subscript￿$
Publicty. genefal website. ￿(￿[r*S
SafetyequKpme¥ht
Miscellaneous
Depr*i￿10￿ {note 81
1.054
29
122
82
645
1.375
L375
1313
277
1.313
277
79J46
79J46
64.839
Bankcharges
Postsge. teletthone and internet
NODA awards & suFffjuiptron
557
557
496

ABINGDON OPERATIC SOCtErY
FOR THE YEAR ENDED 3tst DECEMBER 2023
INCOME
Chitty
timtty Bary Total
2023
Totsl
2022
ricket Sales
Front of
HouselProgramme5/Refre5hments
Libslscores
Show fees
Adverts
24.256
41,861
66.117
43.093
4,511
770
5.728
1.042
10.239
1.812
6.852
1.435
1,910
420
2(Kl
450
650
Totsl
53.710
EXPENDftURE
Theatre hire
Royalties
Orchestra
7.743
8220
6.466
4320
14,049
11,367
6.800
2.770
12306
4320
1.249
Costumes
3.1
Honoraria IMD. Director.
Choreogrdpherl
Accompanists
Libs/Scores
S￿￿ery
Publlcity ind P¥intiThg of flyers & posters
Printing- programmes & tickets
Sound
Lighting
Front of house- sweets/refreshments
Props
Photography
Make Up Iwigs
Postage- show specific
Barkstage refreshments
St John's Ambulan
1350
1.614
1,237
579
451
2.300
1094
2.795
3.956
1501
364
4.250
3.708
4,032
4.535
1.952
364
3.150
3.869
1.942
1.726
583
L036
i(M)
1.963
2,999
loo
4.303
687
2,457
710
2.860
606
359
659
50
185
240
35
760
760
1.520
1.383
40.301
69555
56.955
Excess/{dth) of income over
expenditu
73
IL053
(3.246)

FOR ThEYEAR ENDED 31st DECEMBER 2023
ThE Safety EquiixneTrt Grwst is to be Spent th) item5 rel*1￿ to safety. Ofd* d￿ti￿stotal
current assets £357 relates to this fvrKI1£457 20221. The restrirted fund baLAn￿ is ￿1￿ in cash
and the remaniF¥ b3LwKe5heet iterns aTe tA￿S￿￿ted ftjr
8 Tawefued A55ets
as * tst January 2023
Additlons
450
326
326
776
Chargefortheyear
245
277
Net B¢x>k Val￿e
As at 3tst December 2023
531
629
2022
Debtors
Prepawnertts
130
2.761
2,891
10 Cash at Ban* and in
Nat West-LurrEntac£tyJnt
Nat West. 5a¥ings accLKmt
Newbury Building Soaety
5551
26.201
3,301
16.056
27.483
59382
Sundry Crnlitoys
Defer￿d Income (note 12}
L3(Kl
1,570
2,870
IA36

ABINGDON OPERATIC SOCIETY
FOR THE YEAR ENDED 3tst DECEMBER 20Z3
Total
At l January 2023
Additions duringthe y
L570
1.436
IL5A))
1570
1.436
{1.5701
At 31 December 2023
1.436
1.436
ITkcome ha5 been deferred the reason that ti rElate5 to show5to be Fwformed in
future year5 e.g. l*Jretto income attd showfee5 receTrEdfor nextyearfs produthon.
At l January 2022
Additions during the year
knwnts released to income
1.020
1570
(L0201
1.020
1570
{1,0201
At 31 December 2022
1.570
1570
IntOTne ha5 been deferred forthe reasonthat tt relate%to showsto be pwfofmed in
future Yea￿ I￿rett0 incomeand showfpe5 ¥p(￿ed for nextyearfs production.
13
Trustees. and related party expws
2022
2023
2022
Number Number
Travel
Subsisten
Other
28
26
6.712
27
6.775
Page 13