2022-12-31-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 2022 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 2022

	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 Trustees of BRIERLEY HILL MUSICAL THEATRE COMPANY

Registered Charity No 501045

We report on the accounts for the year ended 31 December 2022 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 2022

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 £ 1,140 75,699 60 60 76,959 80,597 40 80,637 (3,678) 47,521 43,843	2022 Total funds £ 1,140 75,699 60 60 76,959 80,597 40 80,637 (3,678) 47,521 43,843	2021 Total funds £ 1,560 53 1,613 4,687 120 4,807 (3,194) 50,715 47,521

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 2022

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 £ 10,603 42,850 53,453 9,610 43,843 43,843 43,843	2022 Total funds £ 10,603 42,850 53,453 9,610 43,843 43,843 43,843 43,843 43,843	2021 Total funds £ 10,106 38,105 48,211 690 47,521 47,521 47,521 47,521 47,521

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

…………………………………………………………………………

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 2022

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 Regulations' 'true and fair view'' provisions, it is also the first year that they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, 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 that aggregate

all cost related to the category. Where costs cannot be directly attributed to particular headings they have been 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 on the general purposes of the Company.

The notes form part of these financial statements

Page 4

BRIERLEY HILL MUSICAL THEATRE COMPANY

Registered Charity No 501045 Notes to the Financial Statements

for the Year Ended 31 December 2022

1 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Debtors 2 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors 3 MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS	At 1.1.22 £ 47,521 47,521 Incoming Resources £ 76,959 76,959	2022 £ 10,603 2021 £ 9,610 Net movement in funds £ (3,678) (3,678) Resources expended £ 80,637 80,637	2021 £ 10,106 2021 £ 690 At 31.12.22 £ 43,843 43,843 Movement in funds £ (3,678) (3,678)

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 2022 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	2022 £ 1,140 75,699 60 60 76,959 Total 2022 £ 73,867 4,200 60 540 219 149 1,350 212 80,597 40 80,637 (3,678)	2021 £ 1,560 53 1,613 Total 2021 £ 1,320 105 540 206 96 297 1,415 373 185 100 50 4,687 120 4,807 (3,194)

The notes form part of these financial statements

Page 6