FALMOUTH THEATRE COMPANY STATEMENT OF ACCOUNTS FOR THE YL4R ENDED 3 1ST DECEMBER 2023 Paul & Maundrell LlnLlted Chartered Accountants The Athenaeum Kimberley Place FALMOUTH Cornwall TRII 3QL FALMOUTH THEATRE COMPANY REPORT OF THE EXECUTIVE COMMrrTF The Executive Committee present their annual report and accounts for the year ended 3 1st December 2023. Falmouth Theatre Company is a charity registered with the Charity Cornmissioners (No. 2953541. Its governing instrument is its rules dated 2 1st September 1986. Executive Committee The following served during the year commencing 1st January 2023: NIr Tim Grove Mrs Sue Halloran Mr Tim Mooney- resigned 01102124 Mrs Amanda Gibson - appointed 01102124 Mrs Vron Spear Mr Tim McAulrffe Ms Boo McAuliffe President Chairperson Treasurer Treasurer Advlsors: Accountants Paul & Maundrell Limited The Athenaeuln Kimberley Place Falmouth Cornwall TRI 13QL Bankers Lloyds TSB Killigrew Street Falmouth Objects The objects of the Society shall be to educate the public in the dramatic operatic arts to further the development of public appreciation and taste in the said arts. FALMOUTH THEATRE COMPANY REPORTS ON ACCOUNTS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 On behalf of the Executive Committee, we conflnn that, to the best of our knowledge and belief, all necessary records and information have been made available to Paul & Maundrell Limited and these accounting records, together with the information and explanations given to them, constitute a t￿e and correct record of all the transactions of the Falmouth Theatre Company for the year ended 3 1st December 2023. We further confirni that the attached accounts have the Committee's approval. Mr T. Mooney Treasurer Mrs S Halloran Chairperson Date Date IriDEPENDENT EXAMINER'S REPORT TO THE EXFLUTIVE COMMITTEE OF FALMOUTH THEATRE COMPANY We report on the accounts of the company for the year ended 3 1st December 2023, which are set out on pages 4 to 7. Respeetlve responslbllltles of trnstees and examlner As the company's executive committee, you are responsible for the preparation of the accounts" you consider that the audit requirement of section 144121 of the Charities Act 20 1 I (The 20 11 Act) does not apply and that an independent examination is needed. It is our responsibility to: examine the accounts under section 145 of the 201 l Act. to follow the procedures laid down in the general Directions given by the Charity Commission lunder section 145151(bl of the 20 1 l Act. and to state whether particular matters have come to our attention. Basls of Independent examlner's report Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as executive committee members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, no opinion is given as to whether the accounts provide a true and fair view and the report is limited to these matters set out in the statement below. llldependellt eXa￿l￿eT'S state￿ellt In connection with our examination, no matter has come to our attention.. which gives us reasonable cause to believe that in, any materi81 respect, the requirements:_ To keep accounting records in accordance ￿ryth section 130 of the 201 l Act.. To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 20 1 l Act have not been 121 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Paul & Maundrell Ltd Chartered Accountants The Athenaeum Kimberley Place 15th March 2024 FALMOUTH Cornwall TRII 3QL FALMOUTH THEATRE COMPANY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR EIqDED 3 1ST DECEMBER 2023 NOTES 2023 TOTAL FUNDS 2022 TOTAL FUNDS Incomlng Resources Performance income Investment Income Membership fees 28,345 586 Total tn¢oming Resources Resources Expended Production expenses Storage costs Management & Administration 38,510 638 1,136 769 760 Total Resouree8 Lypended 1529 Net Movement In Funds 9,638 1,523 Fund Balance brought forward at l$t January £195 678 £197 201 Fund Balance carried fonvard at 318t December £186 040 £195 678 FALMOUTH THEATRE COMPANY BALANCE SHEET AS AT 31ST DECEMBER 2023 NOTES 2023 2022 Fixed Assets Props and Equipment Current Assets Sundry Prepayment Bank and Cash Balance 187 960 187,960 196 086 196,086 Current Llabllltles Sundry Creditors 408 186 040 195 678 Net Current Assets £186 040 £195 678 Represented by: Funds Restricted Unrestricted 186 040 195 678 £186 040 £195 678 FALMOUTH THEATRE COMPANY NOTES TO THE ACCOUNTS FOR THE YL4R ENDED 31ST DECEMBER 2023 Aeeountlng Polleles Accounting Convention These financial statements have been prepared under the historical cost convention in Accordance with applicable accounting standards and the Statement of Recommended Practice "Accounting for Charities" Productlons Joseph And The Amazing Technicolor Dreamcoat Investment Income 2023 2022 National Savings -interest in year Lloyds TSB 586 Production ￿￿enseS 2023 2022 Performance costs 38,510 769 Storage Costs 2023 2022 Equipment storage 638 £ 638 FALMOUTH THEATRE COMPANY IqOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 CONTINUED Management and Admlnlstratlon 2023 2022 Stationery, Postage, Printing Accountancy Legal fees Miscellaneous 32 402 154 548 390 348 22 £ 760 Fixed Assets Props & F4uipment 2023 2022 Net Book Value at 1st January disposal Depreciation charge for the year Net Book Value at 3 1st December Bank & Cash Balances Lloyds TSB Reserve Lloyds TSB Treasurers Account Cash in Hand 85,605 102,201 154 20,019 175,955 112 187 960 196 086