2020-12-31-accounts - The Brierley Hill Musical Theatre Company

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Report of the Trustees and

Unaudited Financial Statements For The Year Ended 31 December 2020 for BRIERLEY HILL MUSICAL THEATRE COMPANY

Registered Charity No 501045

M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP

BRIERLEY HILL MUSICAL THEATRE COMPANY

Registered Charity No 501045

Contents of the Financial Statements For The Year Ended 31 December 2020

	Page
Independent Examiner's Report	1
Statement of Financial Activities	2
Balance Sheet	3
Notes to the Financial Statements	4 to 5
Detailed Statement of Financial Activities	6

Independent Examiner’s Report to the Tru BRIERLEY HILL MUSICAL THEATRE COMPANY Registered Charity No 501045

We report on the accounts for the year ended 31 December 2020 set out on pages two to six.

Respective responsibilities of trustees and examiner

The members are responsible for the preparation of the accounts. The members consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under Section 145 of the 2011 Act.
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My 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 members 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 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 present a true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) Which gives me reasonable cause to believe that, in any material aspect, the requirements

to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting Requirements of the 2011 Act have not been met, or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

M. J. Grainger & Co. 196 High Street Quarry Bank Brierley Hill West Midlands DY5 2JP

Date: …………………………………………

Page 1

BRIERLEY HILL MUSICAL THEATRE COMPANY Registered Charity No 501045 Statement of Financial Activities for the Year Ended 31 December 2020

Notes INCOMING RESOURCES Incoming resources from generated funds Members subscriptions Income from productions Donations Investment income Dinner dance Sundry income Total incoming resources RESOURCES EXPENDED Charitable activities Cost of Generating Funds Governance costs Total resources expended NET INCOMING/ (OUTGOING) RESOURCES BFEORE TRANSFERS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted funds £ 2,600 27,965 180 209 0 0
	30,954 32,327 120
	32,447
	(1,493)
	52,208
	50,715

The notes form part of these financial statements Page 2

BRIERLEY HILL MUSICAL THEATRE COMPANY Registered Charity No 501045

Balance Sheet

As at 31 December 2020

Notes CURRENT ASSET Debtors 1 Cash at bank and in hand CREDITORS Amounts falling due within one year 2 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 3 Unrestricted funds TOTAL FUNDS	Unrestricted funds £ 3,847 47,068
	50,915 200
	50,715
	50,715
	50,715

The financial statements were approved by the Board of Trustees on …………………………………….. and w behalf by:

………………………………………………………………………… …………………………………… Trustee Trustee

The notes form part of these financial statements Page 3

BRIERLEY HILL MUSICAL THEATRE COMPANY Registered Charity No 501045 Notes to the Financial Statements for the Year Ended 31 December 2020

1 ACCOUNTING POLICIES

Accounting convention

T he FCC is a public benefit entity within the meaning of FRS102.

The financial statements have been prepared under the Charities Act 2011 and with the Reg 'true and fair view'' provisions, it is also the first year that they have been prepared under FR as the applicable accounting standards and the 2016 version of the Statement of Recommen Accounting and Reporting by Charities (SORP(FRS102)).

ASSETS

Short Term Deposits

These are the cash held on deposit at the bank.

Incoming Resources

Member subscriptions and income from productions are recognised when received. Interest and all other income are recognised when received.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings th all cost related to the category. Where costs cannot be directly attributed to particular headi allocated to activities on a basis consistent with the use of resources.

Taxation

The Company is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds

These represent the remaining income funds of the Company that are available for spending the general purposes of the Company.

The notes form part of these financial statements Page 4

	BRIERLEY HILL MUSICAL THEATRE COMPANY	BRIERLEY HILL MUSICAL THEATRE COMPANY	BRIERLEY HILL MUSICAL THEATRE COMPANY
	Registered Charity No 501045
	Notes to the Financial Statements
	for the Year Ended 31 December	2020
1	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	Debtors
2	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	Creditors
3	MOVEMENT IN FUNDS
				N
		At	1.1.20
			£
Unrestricted funds
General fund			52,208
TOTAL FUNDS			52,208
Net movement in funds, included in the above are as follows:
		Incoming
		Resources
			£
Unrestricted funds
General fund			30,954
TOTAL FUNDS			30,954

The notes form part of these financial statements

Page 5

BRIERLEY HILL MUSICAL THEATRE COMPANY Registered Charity No 501045

Detailed Statement of Financial Activities for the Year Ended 31 December 2020

INCOMING RESOURCES

Members subscriptions Income from productions Donations Investment income Dinner dance Sundry income Total Incoming Resources

RESOURCES EXPENDED

Charitable Activities

Show costs Future rights Room hire Ingrnico credit cards Sheryl Dance Windsor Telecom Dinner dance Scenery prop storage Service charges Merchant rental Insurance Others NODA Chqs Charity donations

GOVERNANCE COSTS

Accountancy

TOTAL RESOURCES EXPENDED

Net Income / Expenditure

The notes form part of these financial statements

Page 6

Istees of

2020 Total funds £ 2,600 27,965 180 209 0 0 30,954 32,237 120 32,447 (1,493) 52,208 50,715	2019 Total funds £ 2,343 65,319 400 553 580 500
	69,695 79,537 120
	79,657
	(9,962)
	62,170
	52,208

2020 Total funds £ 3,847 47,068 50,915 200 50,715 50,715 50,715 50,715 50,715	2019 Total funds £ 6,267 59,348
	65,615 13,407
	52,208
	52,208
	52,208
	52,208 52,208

were signed on its

……………………………………

gulations' RS102 (2016) nded Practice,

at aggregate ngs they have been

g on

2020 £ 3,847 2020 £ 200 Net movement in funds £ (1,493) (1,493) Resources expended £ 32,447 32,447	2019 £ 6,267
	2019 £ 13,407
	At 31.12.20 £ 50,715
	50,715
	Movement in funds £ (1,493)
	(1,493)

2020 £ 2,600 27,965 180 209 0 0 30,954	2019 £ 2,343 65,319 400 553 580 500
	69,695

Total 2020 £ 27,082 1,320 107 540 612 0 0 143 273 1,636 224 390 0 0 32,327 120 32,447 (1,493)	Total 2019 £ 69,027 4,300 628 540 583 835 0 0 297 1,493 347 1,487 0 0
	79,537
	120
	79,657

	(9,962)