Règistered Charlty No. 283148 NORFOLK AND NORWICH OPERATIC SOCIETY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th April 2025
NORFOLK AND NORWICH OPERATIC SOCIETY Contents Legal and administrative information ReFQrt of the Trustees Independent Examiners, report Stslement of Financial Aclivrt Balance Sheet Notes to the Financial Statements Production Statement
N(IRFOLK AND NORIMCH OPERATIC SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 30th Aprfl 2025 The Trustees are pleased to present their report together with the fH)ancial ststements of The Charty for the year eTrJing 30 April 2025. Referen¢e and Admlnlstratlve Detalls Charfty reglstratlon numbar 283148 Prlnclpal Offi¢• 41 HaNest Close. Hainford, NorV) NR10 3TN Banker* Barclays Bank PK &7 Red Lmin StregL Nonwich Independent •xamlner Sexty & Co, 124 Road, NoThYich NR11RS Managemgnt commlttee and Truslees Mr D Pulling Ichalmian) Mrs L Campbell IV8 Chalnnan> Mrs S Gumey (Treasurer) Mr D Chapman Mr I Chisholm Mrs N Church Mfs L Ireland Mrs M Read Mrs S Morter Mrs Rowena Croston-clegg Mrs K White Mrs J Lovelod( Mrs R Maitland
NORFOLK AND NORWICH OPERATIC SOCIETY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30th Aprll 2025 Strn¢ture. Govern•nce and Management Governlng document The Norfolk and NoThvich Operatic Souety is an unir¢ofkwated registered charity govemed by the nJle8 of the Society. Appolntment of Trustees The Trustees are elected annually al the Annual General Meeting. An elected offir is automatically a Tnjslee. The other members. of which a mw)imum of three are acting members an¢J a minimum of three are non-acting members. are elected as Trust in addition lo Ihe offieers of the Society. Obj8Ctfv•s and actlvltles To educate the public in the dramatic arKI operatic arts and to fvrther the development and public 8pprecialion and taste in these arts. Flnanclal revlew and Reserves policy The financial statements are set out on pages 5 to 7. Tr Society hal a surplus for the year of £23,942 and accumulated reserves of £191.098. Sufficient cash reserves have been retained to cover the costs of staging one year's production and il is the intention of the trustees lo build thÉs UP to years. Independent examiner The independent examiners. Sexty & Co are wlling to conb.nue in office.
NORFOLK AND NORWICH OPERATIC SOCIErY REPORT OF THE TRUSTEES Gontlnued FOR THE YEAR ENDED 31)th Aprfl 2025 TTUStoes responslbllltle$ In relatlon lo th• financial statements The law applicable to charibes in Englard arnl Wales requires trustees to prepare accounts for each financial year which give a true and fair eW of the stale of affairs of thè charity and of the incoming resources and applicatlon of resource5 of charity for that perickj. In preparing Ihese accounts the trustees are required to:. Sethl suitable acci)unting polIc and then apply them ¢on5iStenty: Observe the methods and principth in the Charities SORP 2015 {FRS 102); Make Igements and estimates that are reasonable and prudenL Slate whether applicable accounting standards have been followed, subjgci to any material departures dlsclosed and explained in the accounts; Prepare the financial statements on the going concom basi8 unless il ig inappropriate to assume that the charity will continue in operation. The Tnjstees are responsible for keepH)g woper accwnting records that disdose with reasonable accuracy al anytime the financial position of the charity and to enable them to ensure the accounts comply th the Charitss Act 2011 and the Charities (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and heno for taking #sOnable steps for the prevention and detection of fraud or other irregukribes. )proved by the 4)ard of the Managent committee and swJr*d on its behalf by:_ D Pulling Chalrnian Date..
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES NORFOLK AND NORWICH OPERATIC SOCIETY I rep(xl lo the charity trustees cm the aUnts of Ihe charity ts the year ended 30th Apn'l 2025 which are set out on page5 5 10 7. Responslbllities and basls of report As the charity's trustees you are responsible for the preparation of the accounts in ac¢x)rdance with the requirements of the Charities Act 2011 (the Acl'l. I report in respect of my examination of the tharity's accounts carried under sectlon 145 ofthe Act and in carrying oul my examination I have followed 811 the applicable DIrectnS given by the Charty CoMmissn under section 14515Xbl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no malerial matters have Come to my attentn in connection with the examination gNing cause to believe that in any material resFeCI'. accounting records were not kept in rest*d of the charity as required by section 130 of the ACL. 2. the accounts do rt accord vith those records.. or 3. the accounts do not compty with the appluble requirements Conming the fomi and cortrlent of accounts sel out in the Charities (Accounts arKI Reports) Regulations 2008 other than a requirement that the accounts give a Irue and fair view. vthith is not a malter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper undetstanding of the accounts to be reached. A Orves (FCCA FCAI Sexty & Co Chartered Certlflad Accountants and Reglstered Audltors 124 Thorpe Road Normlch NR1 1RS Date:....
NORFOLK AND NORcH OPERATIC SOCIErY STATEMENT OF FINANCIAL ACTivrnES FOR THE YEAR ENDED 30th Aprll 2025 2025 2024 Unrestricted Recelpts Glfts, donatlons and other voluntary rnulpts Subscriptions Friends of Sc¢$8ty Members 755 1.760 890 975 2.515 Receipts from trddlng adlvltles Annual production Merchandise etc Book sales Dourg Pthe- room hire Donation Grant 1.865 199.557 3.422 2.100 1,120 77,228 1,557 450 1.000 27,500 236.214 82,100 Paym8nts Fundralslng trading.. cost of sales Annual production expenses 189,497 100.655 Charitable attlvitles Donations Governane• ¢o$ts Frignds, StaUonery, postage and telephone Book costs Sundries Douro pla¢8 Costs 49S 4,968 3.885 13.427 2.917 28,699 212,272 132,918 ID•ficitVSurplus of relpts ovor Paents 23.942 {50,8181 Balance from beginniro of year 167,156 217.947 Balance at end of year 191,0 167.156 Total fvnds at 30 )ri1 2024 191,098 167,156
NORFOLK AND NORWICH OPERATIC SOCIE BALANCE SHE AS AT 30th Aprfl 2025 2025 2024 Accumulated fund account.. UnStrICted Balance as al 1st May 2024 167.156 217,974 (Deficilysurplus of receipts over payn*nls 23.942 150.8181 191,098 167.156 Represented by: Fixed Assets: Property- Douro Pla 143.000 143.000 Cash funds: Current account 43.412 24,166 Prepayments Accrual 11.625 {6,9391 500 {510) 191.098 167.156 proved by the management committee on Ihe ............... . and signed on its behalf by: D Pulling IChaiman}
NORFOLK AND NORWICH OPERATIC SOCIErY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30th Aprll 2025 1 AGGounllng pollcles The financial statements are kyeparnd on a g(Mng concem basi8 under the historicd c¥)st convontion. Resources expended are induded ID the Statement of Financial Aclivths on the accruals basls 2 Trustees remuneralion and related party iransactlons None of the trustees re(*ived any remunoration, recharged expenses. or benefits during the uJrrent or preceding year.
NORFOLK AND NORWICH OPERATIC SOCIETY PRODUCTION STATEMENT FOR THE YEAR ENDED 30th Aprfl 2025 Singing In The Raln 2025 Betty Blue Eyes 2024 Gross recelpts - Totsl 199.557 77,228 Lèss Royalties 39.087 15.104 160,470 62,124 Expenses Producerfs fees and expenses 64.239 40.208 Orchestra libretti & music scores 11,805 8,172 Coslumeg. s¢8ry & lighting 44,243 24.972 Advertising. printing and posters 4.832 Sundries 25.291 6,555 150.410 85.551 Net SurplusllDeficiti to receipts & payments aecount 10.(60 23,427