ABINGDON OPERATIC SOCIETY
FOR THE YEAR ENDED 31 OECEM8ER2024
REGISTERED CHARITY NO 273149

ABINGDON OPERATIC soaEtY
INDEX TO THE ACCOUIITS
Page
Trustees Report
Statement of Trustee Respy)nsibilities
Independent Exarniner5' RepDrt
Statement gf Financial Artivities
8alance Sheet
Notestothe Accounts
9t013
Regt5twed Office:
65 West St Helen Street
Abingdon
OX14 58T
Bankers:
National We5trninster Bank PLC
16 Market Place
Chippin8 Norton
Oxon. OX7 5ND
Independent Examlners:
Ross 8rooke Limited
Suite I
Windrush Court,
Abingdon Business Park
OX14 ISY
Page 2

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ed Rep
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ritylThftqmaibJn
"rgdonOpetskn(Soc*tyts3Rgtsteredthr1y￿E1*r￿I27JI49).Thedd￿￿YQfi￿rWeredrf￿tISv￿nl￿th*chè￿Inf￿Ad1￿￿0Dpl￿elDfi1tse
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P4•3

ABINGDON OPERATIC SOCIEfY. TRUSTEES ANNUAL REPORT
FOR THE YÉAR ENDED 31$1 DECEMBER 2024
Re¥lewof Ytarfs A<tlt41fles
Thls year sawthe return to our nomal schedule followng the Interruptlons In the Previous two yeats as a result of
the 8lob31 pandemi
Stage production of 9 to 5 In April 2024.
Stage produttion of Guys and Dolls in Ortober 2024.
Total Membership.. 133
Risk5
The major risks, to whrch thÈ tharSty is exposed, as Identifi"ed bythe trustèes, have been revlewed and systems have
been put into place to minirnizethe risks. The Society has a £hild protection policy.
Reser¥es
The trustees alm to keep a minirnum of 50% of the cost of 3 produrtion in reserve to coverthe expenditure forthe
next show prior to ticket sales.
For and on behalfof the Management Committee,
Deborah Bater
Treasurer
Joy Skeels
Chair
Page 4

ABINGDON OPERATIC SOCIETY. TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31st DECEMBER 2024
tatement of Trustees, Responsibilitles
e Trustees are responsible for preparing the Trustees Annual Report and the finantlal statements
In accordance with applicable law and United Kingdom Accountlng Standard5 (United Kingdom
enerally Accepted Accounting Practicel, includlng FRS 102, the Financial Reporting Standard
pplicable in the UK and Republic of Ireland.
e law applicable to charities in England and Wales requires the Trustees to prepare financial
tatements for each financial year which give a true and fair view of the State of affair5 of the charity
nd of the intomlng resources and application of resources of the charity for that period. In
ieparing these financial statements, the Trustees are required to..
Select 5Ultable accounting policles and then zpply them consistentlvi
Observe the methods and principles in the Charities SORP:
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed: and
Prepare the financial statements on the Boing concern basis unless it is inappropriate to
presume that the Charity will continue in business.
e Trustees are responsible for keeping proper accountin8 records that disclose with reasonable
ccuracy at any time the financial position of the Charity and enable them to ensure that the financial
tatements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008
nd the provisions of the Trust deed. They are also responsible for safeguarding the assets of the
harity and hence for tsking reasonable steps for the prevention and detection of fraud and other
Irregularities.
è Trustees are responsible for the maintenance and integrity of the Charity and financial
Information included on the charity's webslte. Legislation in the United Kingdom governing the
preparation and dissemination of financial statements may differ from legislation in other
urisdictions.
e Trustees conflrm thatthe responsibilltles set out above have been complled with, in order to
eet ihe requirements for preparing the account&
by Order of the Trustees
Igned:
page 5

AOINGDON OPERATICSOCIEfY. TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31$1 DECEMBER 2014
ndependent Examlners Report
o theTrusiees of Abin8dtsn Operatic SDclety
ur reportto the Trustees on our examination of the atcount5 of Abin8don Operaric Soclety I the Charity") lor the
ar ended 31 De￿mb￿r2024 which comprlsethestatement of financlal actlvltle4 the b31anceshe¥t the
elated note5 1 to 13.
15 report is made Solely to the Charlty'sTrustees. as a body, in accordance With sÈttion 145 uf thecharities Act
11 and resul3t￿n5 made under sectlon 154of that Act. Our work ha5 bpen undenaken so that we m*Bht state to
hecharitys TruslEe5 those matters we are required 10 State tothem in an indepEndeTrt examiner'5 reporr3nd for
o other purpose. To the fullest extent permitted by law, we dL¥ not accept orassume responslNlltyto anyone
her than the Charity and the Chadtys Trustees as a body. fortsurwDrf¢, foTthi5 report, or forthe oplnlons
ave formed.
e$pon$lbIl￿eS and basis of rtPOrt
the Charity'sTrustees you are re5pon5iblefor the preparatlon tsf tho accavnts in accordance with the
equlrements of ihe Charities Act 20111.the 2011 Act'l. Vou are 5atisf*d ttoryour Charty is not required bv
arity lawto be audlted ènd have chosÈn instead to have an Inde￿ndent e¥arDination.
è rèport ift rÈspprt Df our exaThinitioo of yourtharity's accounts ascarried out urnder sectlon 145 of the 2011 Art.
n earryinB out our eXarn1nat￿n WÈ have ftsllowedthe applicable DirectionsgNen bythe Charttycommission uthder
on 145151 Ibl of the 2011 Art.
nd¢pend¢ni Examlnetsstatement
h3ve completed my examlnation. I confirmthat materyal matters havecorne to my al￿ntIon In connertlon wth
e exaiiiination ￿VIng me c61r5eto belleve rhat in any material respect..
Accountingretords were not kept In respertofthe Charity 85 required by secrion 130of Ihe2011Aci,' or
The account5 do not accord with those records,. or
The accounts do not complywith the appllcab1e requiremernts concernlngtheform and cohtent oFa¢counts
ovt in thecharities (Accounts and Report51 Re8ulaDOTr$ 2(MJ8 otherthan any requirernerntthatthe iccountS8lve
'Irue and falrvlew. which is not a m31terconsldered as part ofan Independent examlnatlon.
have no wn(ems and hive come across no orher matters ih tonnectivn wth the examination io whlch attention
ould be drawn in thls report In order ￿ enable a proper under5tandin8 of the accounts to be reached.
ndependent Examiners Repart
y.. Carollne Webster BA FCA
oss Brooke Umitsd
e..
(1111
P899 6

ABINGDON OPERATIcSOa￿y
FOR THE YEAR EPWED31st DE￿MBER Z024
sTATEM￿OF FINANCIALACTIVITtES
INCOME AND EXPENDITUR
Unre51rlded Rftstrlcted
funds
Fund5
Totsl
2024
Total
202a
Note
IncominE Resource5
Membership subscrlptions
Patronage
Donations
Intsrest receivable
Shows
Tax refund
Hoodie & costume sales
5,584
620
1,075
L425
74.674
528
498
5.584
620
I,D7S
1.425
74.674
528
498
7,020
445
1,475
80,608
1,616
1,540
Total IncominB Ae5gur¢as
93.595
Resour￿5 Expended
Directcharitable expendltu
M)nagÈment and administrètion
76,593
?6,S93
1.904
79.146
2.301
Toi)l Resour￿ Expended
78N97
78,497
81,447
Net lficomingl IOutgoinK) Resour￿$
Net Movernwt In Funds
S.907
5,907
12.148
Fund Balan¢esasat 1stJanuary2024
59,232
357
59589
47,441
Fund Balancescarried fo￿?￿d Is
at31st Decernber Z024
357
Page 7

AUINGDON OPERATIC 5ciaETY
ASAT31st DECEMBER 2024
BALANCESHE
Note
2024
2023
Flxed As¥ets
Tangible fiKed a55ets
4,095
629
CurreNtAs5ets
Debtors
Prepayments
Cash at bank and In hand
80
1.800
59,982
61.862
3,678
61,950
65,628
io
Totsl ￿rrent A55ets
Liablities-amountsfalllng duewithin one
year
li
14,2271
61,401
12,9021
58.960
Net Current A55ets
Total N*tAssets
65,496
Funds
Income Funds
Unrestritted- fjen&ral Fund
Restrirted
65,139
357
59,232
357
65A96
59.589
The note5 on pages ￿13 form part of this account and the following slgnatorie5 have
been authorised bythe Trustees.
Date..
Deborah Baler
Treas￿er
Nlgel Winter
Secretary
Joy Skeels
Chalr
Page 8

ABINGDON OPERATIC SOCIETY
NOTES TOTHEAccouKrs
FOR THE YEAR ENDED 31st DECEMBER 2023
.1 Fund$
nre5trlcted fundsare availablèfor use at the disC￿tIOn of the trustees in furtheran￿ of the general
lertives of the charity and which have not been designated forother purposes.
e5tricked funds 4re funds which are to be u5Èd In accordantr with specific restriction5 irnposed bv
onors or whith have been raised by thè chadty for particular purposes. The cost of rèlsing and
ministering such funds are charged against the specifTcfund. The aim and use of each restrict@d fund is
et out in the notÈs to the financial statements.
.2 Income retognltlon
l incoming resources are ifitluded in theststement of Flnancial Actlvllies ISOFAI when the charily is
egally entttled to the income afrerany performan¢e condition5 have bÈen met, Ihe amount can be
easured reliably and It Is probable that the Income will be Trfeived.
r donation5 to be recognised the chariiywilj have been notlfied of ihe arnounts and the settlement
te in writing. If therÈ are condlttons attached to the donation and thls requires a level of performance
efore entiyemènt can be obtatned then Income Is deferred until those conditions arefully met or the
Ifilmentof those condltions is within the control of thè tharlty and it is probable that they WIIS be
.3 Expenditure Recognlknon
l expendlture Is accounted for on an accru31s b3515 3nd has been classified under heading5 that
ggregate all costs related to the category. Expenditure 15 reco8nised where there isa legal or
nstructive obli8atlon to make payments to thlrd parties. It is probable that the settlemerstwill be
quired and the arnount of the obligatlon can be measured reliably.
A Debtorsand credlt¢X5 r¢Ceival￿eI Pa￿ble one yeaf
ebtors and credltors with no stated interÈst rate and recei￿dble or payablewithin one year are recorded
t itsnsaction price. Any losses arising from Imp8irrnent are reco8nised in expenditure.
.5 Fixed Assets and Depre¢ladon
quiprnent Is capitali5ed when over £1￿) and considered to have lon8-term use and depreciation is
Icul4ted to wrlte off the co# over the expected useful lives ofthe assets concernÉd. The followin8 ￿e$
nd bases have been used..
Piano
Equiprnent
- 25% reduciw balance bÈsls
-33.33% reduung balantr ba51$
Computer
Equipment
-3 years 5trai8ht Ilne basi5
Page 9

ABINGDON OPEIiATIC 50aEfY
FOR THE YEAR ENDED 31st DE￿mBER 2024
Notes to the a￿Ounts ¢ontlnued
3 Interest Recervable
2024
2023
Bank interest
Buildin8 Society interest
447
978
1,425
144
747
Vnrestrfcted Re￿riC￿
Fund5
Funds
4 Dir*rt Charltable Empenditure
2024
20Z3
Charity donation
Show5- Oirett jnote 61
Rehearsal halls
Postage, sratlonery. telephone
Insurance
Storage
Subscriptions
Publiclty- 8ener41 incl. website, hoodies
Skip Hire
Miscellaneou5
Depreeiatlon (note 81
256
69,555
2,916
67,346
3.439
67.346
3.439
1,236
2,400
55
552
470
893
202
76.593
1.236
2,400
55
552
470
1,054
1,375
893
202
76,593
1,313
277
79,146
5 Mana8ement and Admlnlstration
Bank Charges
Postage. telephone and internet
NODA awards & 5ubscriptlon
Independent examinatlon fee
390
434
434
557
960
301
Page 10

ABINGDON OPERATIC SOCIErY
FOR THE YEAR ENDED 31st DECEMBER 2024
Notes to the accounts continued
6 ShowAccounts
2024
INCOME
Guys&
Dolls
Total
2024
Total
2023
9t05
Ticket Sales
Front of
HouselProgrammes/Refreshments
Libslscores
Show fees
Adverts in ProBrammes
28,816
30,536
59,352
66,117
5,111
1,103
I,iii
120
5,477
960
1,200
240
10.588
2,063
2,311
360
10.239
1,812
1,790
650
Total
36.261
38,413
74.674
80,608
EXPENDITURE
Theatre hire
Royalties
Orchestra
Costumes
8,959
5,504
4,280
842
8,251
6,366
5.400
1,708
17,210
11.870
9,680
2,550
15,963
12,306
3,IC4J
Honoraria IMD, Director,
Choreographer)
kcompanists
Lib5/Scores
Scenery
Publicity incl Printing of flyers & posters
Printing- programmes & tickets
Sound
Llghting
Front of house- sweets/refreshments
Props
Photographv
Postage- Show specific
St John's Ambulance
1.900
2.150
2,094
2,545
1,068
1,140
640
666
4,050
3,738
4,652
1.638
1,609
903
1,130
4,250
3,708
4,032
4,535
1,952
364
2,107
570
469
263
464
2,999
100
2,589
391
2,799
283
5,388
674
4,303
840
659
300
95
395
212
1,647
17
195
824
823
1,520
Total
31,123
36,223
67.346
69,SSS
Excess/ldeficitl of income over
expenditure
5,138
2,190
7,328
11.053
Page11

ABINGDON OPERATIC SOCIErY
FOR THE YEAR ENDED 31st DECEMBER 2024
Notes to the a￿D￿nts ¢untlnued
7 Restrlrted Funds
The Safety Equipment Grant Fund is to be speffl on Items relating to safety. Of the charity,
total current assets £357 relatesto this fund1£357 20231. The r￿trIrted fund ￿lance is held
Tn cash and the rema￿ning balance Sheet items are unrestricted funds.
Complrter
Piano Eguipment Equlpment
8 Tan8lble Flxed Assets
Total
Net Book Value
a5 at 1st January 2024
Addftions12 Applemac Pro%)
531
629
3,668
3.668
98
531
3,668
4,297
Deprttiation
Charge forthe year
25
177
202
Net Bo¢)k Value
As at 31st Decernber2024
354
4.095
9 ￿rrent Assets
2023
DebtDfs
Prepayments
80
1.800
1.880
3,678
10 Cash at Bank and in Hand
2023
Nat We5t- current account
Nat West- sav(ngs accourt
Nat West- 35 Day Notice account
Newbury Buildin8 5ocrety
5,095
11,500
16.147
25.208
5,551
26.201
28.230
61,9
59,982
11 L5ablllties- amountsfalllng due within one year
2024
2023
Sundry Creditors
Deferred Income (note 121
1.177
1,466
1,436
2.902
4.227
Page 12

ABINGDON OPERATIC SOCIErY
FOR THE YEAR ENDED 31st DECEMBER 2024
Notes to the accounts contlnued
12
Deferred Income
LlndArlyear
Total
At l Jartuary 2024
Additions during the year
Amounts released to income
1.436
3x150
11,4361
1,436
3,050
11,4361
At 31 December 2024
3.050
3.050
Income has been defeThed for the reason that it relates toshows to be performed in future yeats e.8.
lib￿tt0 income and shgw fee5 re￿Ived for next yearfs production. Also the substription year has
thanged in 2024. Subscriptions receNed were for the 12 months to 30 April. Therefoie 4 months has
been deferred to 2025.
comparat¢ve
vndtriye•r
I￿rIy￿ar
Totsl
At l January 2023
Addttions during the year
Amounts released to inwme
1,570
1.436
11.5701
1,570
1,436
11.5701
At 31 December 2023
1,436
1,436
Income has been deferred for the reason that it relates to 5howsto be perfornied in
fvture years e.g. libretto income and show fees re￿iVed for next yearfs production.
13
Trustees. and rel*ed party expenses
The reimbursement tsf trustees and related party expensès was as follows..
2024
2023
Number
2024
2023
Nurnber
Travel
Subslstence
Accomrnodation
Other
26
28
9.158
7.299
26
28
9,158
Page 13