2021-12-31-accounts

						Page
Trustees' annual report (incorporating			the	director's	report)
Independent examiner's report		to the	trustees
Statement of financial	activities	(including		income and
expenditure account)
Statement of financial	position
Notes to the financial	statements

Reference	and administrative	and administrative	and administrative	and administrative	details
Registered		charity	name		Wells Operatic Society Limited
Charity registration			number		276308
Company	registration			number	01377655
Principal	office and		registered		Little Theatre
office					Chamberlain	St
					Wells
					Somerset
					BA52PS
The trustees
					P Perrin
					K Edmonds
					SEdmonds
					M Scammell
					G A Brown
					N McGrogan
					A Lanfranchi
					E Russell
					E Carey
					J Hartley Scammel
					R Wright			(Resigned	26 March 2021)
					T Creswick			(Appointed	26 March 2021)
					G Walker			(Appointed	26 March 2021)
					N Hope			(Appointed	26 March 2021)
					R Bass			(Appointed	26 March 2021)
Company	secretary				N McGrogan
Independent		examiner			Barry Davidson		FCCA FCA
					One New Street
					Wells
					Somerset
					BA5 2LA

			2021	2021	2020
			Unrestricted
			funds	Total funds	Total funds
		Note	2	2
Income and endowments
Donations, grants and subscriptions		5	29,317	29,317	11,660
Charitable activities		6	20,047	20,047
Other trading activities		7	5,132	5,132	2,917
investment income		8	8	8	98
Total Income			54,504	54,504	14,675
Expenditure
Expenditure on raising funds:
Costs of other trading	activities	9	4,239	4,239	3,206
Expenditure on charitable	activities	10,11	34,330	34,330	22,925
Total expenditure			38,569	38,569	26,131
Net Income/(expenditure)	and net movement	In funds	15,935	15,935	(11,456)
Reconciliation offunds
Total funds brought forward			218,800	218,800	230,256
Total funds carried forward			234,735	234,735	218,800

				2021	2020
			Note
Fixed assets
Tangible fixed assets			15	138,679	'i40,630
Current assets
Stocks			16	1,122	803
Debtors			17	6,923	7,506
Cash at bank and in	hand			92,987	76,799
				101,032	85,108
Creditors: amounts	falling	due within one year	18	4,976	6,938
Net current assets				96,056	78,170
Total assets less current		liabilities		234,735	218,800
Net assets				234,735	218,800
Funds ofthe charity
Unrestricted funds				234,735	218,800
Total charity funds			19	234,735	218,800

Donations, grants and subs	crlptlons
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021 f	Funds	2020
Donations
Donations	727	727	395	395
Grants
Grants receivable	25,669	25,669	10,000	10,000
Subscriptlons
Subscriptlons	2,921	2,921	1,265	1,265
	29,317	29,317	11,660	11,660

Charitable	activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
Box office	sales	19,477	19,477
Programme	sales	570	570
		20,047	20,047

7.	Other trading	Other trading	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
	Hire oftheatre			2,630	2,630	2,153	2,153
	Bartakings			2,502	2,502	764	764
				5,132	5,132	2,917	2,917
8.	Investment	Income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
	Bank interest	receivable		8	8	98	98
9.	Costs ofother trading activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
						2
				4,239	4,239	3,206	3,206

Expendi	ture on charitable	activities by fund type
		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2021	Funds		2020
Theatre	account	10,402		10,402	4,728		4,728
Support	costs	23,928		23,928	18,197		18,197
		34,330		34,330	22,925		22,925

				Activities
				undertaken	Support	Totalfunds	Total fund
				directly	costs	2021	2020
	Theatre account			10,402	23,928	34,330	22,925
12.	Net Income/(expenditure)
	Net income/(expenditure)		Is stated after	charging/(crediting):
						2021	2020
						2
	Depreciation	oftangible	fixed assets			4,359	4,426

				2021	2020
				2
Fees payable	to the independent		examiner for:
Independent	examination	ofthe	financial statements	1,836	1,807

				Freehold	Plant and
				propeny 2	machinery	Total f
	Cost
	At 1 Jan 2021			136,135	78,545	214,680
	Additions				2,408	2,408
	At 31 Dec 2021			136,135	80,953	217,088
	Depreciation
	At 1 Jan 2021			13,404	60,646	74,050
	Charge for the		year	2,304	2,055	4,359
	At 31 Dec 2021			15,708	62,701	78,409
	Carrying amount
	At 31 Dec 2021			120,427	18,252	138,679
	At 31 Dec2020			122,731	17,899	140,630
16.	Stocks
					2021	2020
					2	2
	Raw materials		and consumables		1,122	803
17.	Debtors
					2021	2020
					2
	Trade debtors				70	629
	Prepayments	and accrued income			6,795	6,877
	Other debtors				58
					6,923	7,506

Creditors: amounts falling due within one year
	2021	2020
Trade creditors Accruals and deferred income Social security and other taxes	929 3,035 1,012	1,338 5,054 546
	4,976	6,938

Unrestri	cted funds
			At			At
		1	Jan 2021	Income	Expenditure	31 Dec 2021
					2
General	funds		218,800	54,504	(38,569)	234,735
			At			At
		1	Jan 2020	Income	Expenditure	31 Dec 2020
General	funds		230,256	14,675	(26,131)	218,800

Analysis of net as	sets between funds
		Unrestricted	Total Funds
		Funds	2021
			2
Tangible fixed assets		138,679	138,679
Current assets Creditors less than	1 year	101,032 (4,976)	101,032 (4,976)
Net assets		234,735	234,735
		Unrestricted	Total Funds
		Funds	2020
Tangible fixed assets		140,630	140,630
Current assets Creditors less than	1 year	85,108 (6,938)	85,108 (6,936)
Net assets		218,800	218,800