## TRUSTEES Report 

## Year ending 31st JULY 2023 

## Charity number 503479 Website; maghullmtc.co.uk 

## MAGHULL MUSICAL THEATRE COMPANY 

## REPORT OF THE TRUSTEES 

1 



FOR THE YEAR ENDING 31ST JULY 2023 

The Trustees are pleased to present their Annual Report together with the Audited Financial Statements of the charity for the year ending 31[st] July 2023 which are prepared to meet the requirements of the Charity Commission. 

## CHAIRMAN’S REPORT (Overview) 

## Welcome everyone! 

Thank you for being here. How time flies! It’s the end of another exciting year for M.M.T.C. 

We worried about recovering after the Covid-19 epidemic, but we’ve had a good two years with four excellent shows and a healthy bank balance (no reason for complacency though). 

The year began with a workshop on the 15[th ] of January which was well received. Thanks to Hannah Barber and Colin Kilbride for that. 

Next came NODA Region 6 Awards Night for last year’s shows. We received an amazing 9 Nominations and had 4 winners. These were: 

Chris Rimmer Best Leading Male Phoebe Hill Best Leading Female Andrew Standeven Best Musical Director MMTC Best Show 

Later in the year, Chris Rimmer received a nomination at the NODA North West Awards held at Blackpool which he won! Congratulations Chris. 

In March a Curry-oke night was held, another great occasion. Thanks to Eric and Sarah Fletcher. 

In May we sang at the Little Dale Festival and had a stall to promote ‘Calamity Jane’. Thank you, Chris Barrie and Gill Culshaw. 

In June there was a Sponsored Leg Wax by Alex McKillop, an Axe Throwing Competition by Kay Davies and a Murder at the S.D.C. held by Heather Gomersall. Thank you to these three. 

In July we held a Workshop for the ‘Wizard of Oz’ children. Thanks to Hannah Barber and all who helped. 

In August we sang at Southport Flower Show to promote ‘Wizard of Oz’. Thanks to Becky Barrie, Heather Gomersall and all helpers. 

2 



In September Eric and Sarah Fletcher held a B.B.Q. at their home. Thanks to them. Ian and Gill Culshaw organised a Sponsored Walk, thanks to them. 

In October our Annual Race Night was organised by Natalie Olson and as usual was a great success. Thank you, Natalie. 

In November Becky Barrie held a Cake Bake and Kay Davies organised a Pick a Number for a Rainbow Hamper. Thank you to them. 

And finally, in December a ‘Wizard of Oz’ Party was held for the children organised by Becky Barrie, Kay Davies and myself. Thank you to them. Great fun was had! 

During the year there have been lots of fund-raising events and all year Kay Davies has made a great success of running a Weekly Raffle. Having moved into the digital age has paid off. “No Cash!” is not an excuse anymore! 

Well done to the whole Company for contributing the way you have. Chris Rimmer has continued to work hard with his Corporate Sponsorship for our shows, enabling local businesses to pay for youngsters to see our shows free of charge, again raising money for us. 

Thank you to Ian Culshaw and Chris Barrie who are always here to set out tables and chairs for us. Thanks to Graham Hall who has advised and helped Chris Barrie in his role as Treasurer and me in my role as Chairman. Also, thanks to everyone who has stored props and scenery etc. for us when we could no longer store items under the stage. 

This year’s shows were ‘Calamity Jane’ and ‘Wizard of Oz’, which have both been great fun and very successful. 

Thanks to the ‘Calamity Jane’ team: 

Director Les Longley Choreographers Alexandra Ashall & Sarah Fletcher Musical Director Andrew Standeven Rehearsal Pianist Hilary Burgoyne Thanks to the ‘Wizard of Oz’ team: Director Becky Barrie Assistant Director Myself Choreographer Heather Gomersall Musical Director Andrew Standeven Rehearsal Pianist Hilary Burgoyne 

Both shows had excellent reviews and we hope for some well-deserved nominations from NODA. 

Our first show for 2024 began brilliantly on Tuesday 5[th] December with a host of new faces. 

3 



At last year’s AGM, someone asked could it be explained from time to time, how the Company works and what jobs we all do. This I think is a good idea, especially as we have many new members. So I thought I would start it off: 

The Company is now run like a business and is a full-time job. We are affiliated to NODA (National Operatic and Dramatic Association) which provides us with Insurance; Legal Advice; Advertisement; Reviews and Awards. 

We are also a Registered Charity with the Charity Commission for England and have to abide by their regulations. This leads to good practice and gives us some recognition and benefits. 

The Membership elect at the AGM the Officers – Chairman, Vice Chairman, Treasurer, Secretary together with 6 Committee Members. 

## We also have: 

A President; Membership Secretary; Media & Advertising Team; Health & Safety Advisor; Child Protection Advisors; Marketing Team; Box Office Team; Production Co-ordinators; Show Tickets Team; Events Co-Ordinator; Sound Maintenance; Corporate Sponsorship Manager; Archivist/Librarian and Merchandise Manager. 

Some people fulfil these roles even though not on the Committee, we are allowed to Co-opt people to carry out the work. Some people fulfil more than one role. 

## As Chairman: 

I joined in 1989 and have been a member for 34 years. First as a Chaperone, then making costumes, working as Prompt, being part of the Stage Crew and being a Tea Lady. Then I began to perform in shows. After many years I joined the Social Committee, then became a member of the Management Committee. I served on that for approx. 4 years, then became Vice Chairman for a few years. Finally, I became Chairman, a post I have held for 17 years. 

I have also written reviews (‘Curtain Call’ & ‘Hello Hollywood’), been a choreographer for many shows and after shadowing a few shows been a Director. 

As Chairman my jobs have been to lead by example, overseeing all aspects of running the Company, sorting out any problems as they arise, liaised with fellow Officers and kept in touch with our elderly Life Members. Alongside this, I have been Production Co-ordinator. 

## As Production Co-ordinator I have: 

Booked the rehearsal hall for all events; Booked shows after studying the rights regulations; Booked the theatre; Helped to select Production Teams (Director, Choreographer, Musical Director); Helped to select Stage Crews, Lighting Teams and the Sound 

4 



Manager; Helped to ensure Front of House Teams and the Box Office Teams were in place. 

We have come a long way in those 34 years. What talent we have now! How organised we are! How professional! 

It has always been my ethos to encourage, help, thank and make us like a big family. 

These are only my thoughts, so take them or leave them. 

## BUT 

This is what I would wish for in future years going forward: 

The Company is not a popularity contest. The Company must not be run by an inner circle. It must not be ageist or exclusive of any group. We should value all contributions and all people. The Company needs to trust the Committee they elect. The Committee needs to trust it’s Officers. Never jump in 2 feet first. Weigh up all options and consider all consequences. 

I hope this gives you something to think about. 

## Betty Hall 

Chairman 

## OUR PURPOSES AND ACTIVITIES 

The purposes of the charity are: 

“ _To entertain the public in the musical theatre arts and to provide a safe, enjoyable environment for people to pursue musical theatre as a hobby”._ 

The vision that shapes our annual activities remains the promotion and fostering of knowledge, and the appreciation of the arts. 

This is done by the provision of facilities for the education and recreation of the public in the field of musical theatre. The charity also has the general aim of contributing to the quality of life of the people of Maghull and of Sefton by expanding their horizons through the provision of exciting and accessible amateur musical theatre. 

## PUBLIC BENEFIT: 

5 



In shaping the objectives and planning our activities for the year, the Trustees have considered the Charity Commission’s guidance on public benefit, including the guidance on public benefit and fee charging. The charity relies on occasional grants and the income from fees and charges to cover its operating costs. In setting the level of fees, the Trustees give careful consideration to the accessibility of the theatre for those on low incomes. 

To achieve the charity’s aims and objectives we: 

Present two musical productions each year for the enjoyment and education of our local community; 

Offer opportunities for a broad range of people to get involved in our musical activities; 

Concentrate on involving young people in the arts to help encourage a culture in which different age ranges play a complimentary part. 

We have two major areas of activity which are: musical productions at the Little Theatre in Southport and concerts and stage performances at Maghull Parish Hall which are fund-raising activities to support our charity. 

Our programme of activities focus very much on bringing the arts to the community of Maghull and Sefton. We endeavour to encourage all within our community to take part in our activities and to attend our local theatre. The activities we provide are to be enjoyed by all, from those attending local schools and colleges to our older residents. 

## MUSICAL PRODUCTIONS: 

In November 2022 we performed ‘Jekyll & Hyde’ at the Little Theatre in Southport for five performances to a supportive and appreciative audience. 

In June 2023 we performed ‘Calamity Jane’ at the same venue. This had been postponed during the Covid lockdown. 

Audiences had been slow to come back to the theatre but we were pleased to see increasing numbers booking for both productions. 

## FUNDRAISING EVENTS 

During the year we managed to hold several events to fundraise in support of the shows. These included a Curryoke night, a Race night, BBQ, and Cockney Quiz. We also sang at the Southport Flower Show and the Littledale Festival to promote the shows to the local community. 

## OUR VOLUNTEERS: 

Our charity relies on voluntary help in all it’s activities. Beside those amateur performers who display their talents at the Little Theatre, over 

6 



twenty volunteers assist with stewarding the performances. Most are members of the Company. 

## OUR ARTISTIC VALUES: 

Tastes are not the same for everyone, but we take the views of our audience seriously. We respect the diverse ethnic, faith, sexual orientation and lifestyles of our community and audience. Any complaints are considered, we may not always agree but we do give any complaint the dignity of a response. 

## ACHIEVEMENTS AND PERFORMANCE: 

We have seen the potential of two profitable shows. If we are to carry on in this regard, with an awareness that costs have risen over the last year, we need the full support of members to continue to support us financially. 

Our key financial aim remains a financially sustainable musical theatre company. We are very grateful to our sponsors for their support. 

## PRICING POLICY: 

Tickets vary according to the estimated cost of a production. The latest price was £18.00 with a small discount for large groups. We introduced a Corporate Sponsorship Scheme whereby businesses purchase 10 tickets which are then given to schools to enable young people to experience live theatre. 

## RESERVES POLICY: 

Reserves are needed to bridge the gap between the spending and receiving of resources and to cover unplanned emergencies. 

Our aim is to have a Reserve Budget of between £15,000 and a maximum of £20,000. 

## REFERENCE AND ADMINISTRATIVE DETAILS: 

|Charity Number|503479|
|---|---|
|Address for Correspondence:|The Secretary, 27, Westover Road,|
||Maghull, Liverpool L31 7BT|



## Our Advisers: 

7 



Auditors Anthony Deegan, Sefton Council for Voluntary Services, 3[rd] Floor, Suite 3b, Burlington House, Crosby Road North, Waterloo, L22 0LG Bankers Lloyds Bank plc, Market Street, Wigan. WN1 1JN 

## TRUSTEES: 

The Trustees and Officers are voted on at the A.G.M. held usually in November. They serve for one year but can stand for re-election. 

In 2022/2023 they were: 

Chairman Betty Hall Vice Chairman Kay Davies Secretary Gill Culshaw Treasurer Chris Barrie 

And 6 Members of Committee 

Rebecca Barrie Yasmin Cranny Eric Fletcher Phoebe Hill Alex McKillop Natalie Olson 

## STRUCTURE, GOVERNANCE AND MANAGEMENT: 

Maghull Musical Theatre Company is a registered charity with the Charity Commission. Anyone over the age of 16 can become a member following a successful audition. There are currently nine Life Members and fifty-five members who pay a subscription. 

Maghull Musical Theatre Company has a Constitution which was last updated in November 2022. 

The Trustees are the ten members of the Committee. 

The Committee meet once a month and receive a monthly financial report prepared by the Treasurer. Minutes are taken by the Secretary and issued to all committee members. 

8 



Maghull Musical Theatre Company is a member of NODA (National Operatic and Dramatic Association). They provide support and advice together with insurance cover. 

## TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS: 

The Treasurer is responsible for preparing a Trustees’ Annual Report and Financial Statement which is presented and agreed by the Committee. 

This gives a true and fair view of the state of affairs of the Company including the income and expenditure of the Company. The Treasurer is responsible for keeping proper accounting records 

This is then presented to the Company at the annual A.G.M. 

By Order of the Trustees. 

## B. Hall 

Betty Hall – Chairman 

9 



## **Annual General Meeting  Thursday 7th December 2023** 

**1  st August 2022 to 31 st July 2023** 

## **Treasurer’s Report** 

## **Financial statements have been submitted to** 

## **Anthony Deegan Sefton Council for Voluntary Services (CVS) 3  rd floor Suite 3b Burlington House Crosby Road North Waterloo L22 0LG** 

## **Overview;** 

The financial year started on 1[st] August 2022 and finished on 31[st] July 2023. 

Financial statements were submitted to Anthony Deegan (CVS) on 20[th] October 2023. This was slightly later than planned due to waiting on information from the Charity Commission. Normally the accounts would take around 6 weeks to be processed, however due to circumstances beyond control within CVS and a backlog of accounts that need to be finalised before Christmas, this process has unfortunately been delayed. Anthony has advised me this is likely to be in the new year. I have had confirmation from Anthony that our statement of accounts needs to be submitted to the Charity Commission by May 2024. 

Once the financial statement has been returned this can be presented via an Extra-ordinary General Meeting (EGM) as per the Constitution. This will then be available for any member to view or have a copy sent to them if they request it. 

The figures given in this report are an overview of the company’s finances and, as explained above, have not been verified independently. They are therefore given as an indicator of our incomings and outgoings across our financial year. 

During this financial period, we have been able to bring two shows to the Little Theatre, “Jekyll and Hyde” and “Calamity Jane” along with social and fundraising events. 



I will start with a general overview of the accounts for the financial year. These were the amounts in each account as of the 31[st ] August 2023 

|General Account – Pays for the running of the company|£2,472.66|
|---|---|
|Ticket Account – Revenue from sales of show tickets|£6,371.59|
|Subscription account – Monies from members and donations|£643.35|
|100 club account – Monies raised for monthly draw|£1,059.66|
|Reserve Account – Contingency account|£16,111.80|
|Total of accounts|£26,659.06|
|**Shows**||



## **Jekyll and Hyde** 

|Approx. Income (to be verified)|£23,335.10|
|---|---|
|Approx. Expenditure (to be verified)|£20,436.40|
|**Approximate PROFIT**(to be verified)|£2,898.43|



## **Calamity Jane** 

|Approx. Income (to be verified)|£21,574.85|
|---|---|
|Approx Expenditure (to be verified)|£21,320.16|
|**APPROXIMATE** **PROFIT**(to be verified)|£254.69|



## **Social events and fundraising** 

As a company we continue to hold social events and fundraising initiatives. I am unable to offer a full breakdown of what has been raised, as previously mentioned, until the audit is completed. However, I would obviously like to extend a huge thank you from the company to those involved in helping to raise funds. 

In no particular order, the annual BBQ, Race night, 50[th] Gala, Cockney quiz, bake sale, show t shirts, photograph sales, sponsored walk, 100 board, murder game, Alex McKillop’s leg wax and weekly raffles. If I have forgotten anyone involved, I do apologise. It is these extras, which an awful lot of effort goes into organising, that helps to keep the company going. 

I would also like to thank those members who have continued to pay their subscriptions and membership of the 100 Club; and to members who have re-joined throughout the year. 



## **In Summary** 

I would like at this point to give my thanks and praise to Graham Hall, who after holding the financial reins of MMTC for 21 years made the decision to step down as Treasurer and I was given the task of taking over. Graham has been a source of support during my year as Treasurer and offered advice and guidance when needed and without whom I would have seriously struggled. 

From the viewpoint of our finances over the last year we have seen the potential of two profitable shows. If we are to carry on in this regard, we need the full support of members to help and support us financially. 

As we are all aware costs have risen over the last year and will continue to do so. 

I therefore urge members to set up standing orders for subscriptions to spread the cost over 12 months. 

I would also like to extend a thank you to our patrons Ian & Gill Crane of IAN CRANE ESTATE AGENTS in Maghull and Phil & Diane Hutchinson for their continued support. 

Many thanks to those that have made donations to MMTC over the last year and those that have helped to raise or save money. 

Chris Barrie 

MMTC Treasurer 



Maghull Musical The•tre Company
Pages
Ito8
Trustees, Annual Report
Independeht Examiner's Report
Statement of Financial Artlvltles
io
Balance Sheet
li
Notes to the Accounts
12to22
Page O

Maghull MU￿Cal Theatre Company
Independent Examlners Report
Independent Examlner's Report to the trustees of Ma8hull Musl¢al Theatre Company
I report to the charity trustees on my examlnation of the financlal statements of Maghull Musical Theatre
Company for the year ended 31 July 2023 which comprise the Statement of Financial Activlties, the Summary
Income and Expendrture Account, the Balan￿ Sheet and the related notes.
Responslbllltles •nd basls of report
As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for
the preparation of the financial statements in accordance with the requlrements of the Companies Act 2006
I'the 2006 Act.
Having satisfied myself that the financial statements of the charity are not required to be audlted under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act'l.
In carrylng out my examlnatlon I have followed the Directions given by the Charity Commission under settion
1451511bl of the 2011 Act.
Independent examlnerfs ststement
I have completed my examination. I can confirm that no rnaterial matters have come to my attention in
Connertion with the examination 8iving me cause to believe that-
• accounting records were not kept in accordance wlth section 386 of the 2006 Act.. or
the financial statements do not accord with those records,. or
the financlal statements do not comply with the accounting requirements under sectlon 396 of the 2006
Act other than any requirement that the financial ststements give a Irue and fail view which is not a
matter considered as part of an independent examination- or
the financial statements have not been prepared in accordance with the Charities SORP IFRS 1021,
I have no concerns and have come across no other matters in Connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the tinancial
statements to be reached.
Anthony Deegan MAAT MICB Pm.Dip
Community Accountant
Sefton Council for Voluntary Service
8urlington House
Crosby Road North
Waterloo
Llverpool
L22 OLG
18 January 2024
Page I

Mathull Musical Theatre Company
Statement of Finan¢Sal Activities
for the year ended 31 Juty 2023
Unrestrkted
funds Total funds Total fund5
2023
2023
2022
Notes
Incorne and endowments
from:
Donations and legacies
CharStable activities
Other trading activities
Investments
3,668
55,043
3,109
82
3,668
55,043
3,109
82
4,314
19,240
2,063
Total
61.902
61,902
25,619
Expendlture on:
Raising funds
Charitable activities
465
57,260
465
57.260
4¢JO
24,569
Total
57,725
57,725
24,969
Net gains on investment5
Nel Income
4,177
4,177
650
Transfers between funds
Net income before other
8ains/llosses)
4,177
4,177
650
Other galns and losses
Net movement in funds
4,177
4.177
650
Reconclllatlon of funds:
Total funds brought forward
16,105
16,105
15,455
Totsl funds carrled forward
20,282
20,282
16,105
Page 2

Maghull Musical Theatre Company
Balance Sheet
at 31 July 2023
Company No.
Notes
202a
2022
Flxed assets
Tangible assets
li
1,034
1,034
998
998
Current auets
Debtors
Cash at bank and in hand
12
136
23.817
23,953
14,7051
19,248
4.634
14,831
19.465
14.3581
15.107
Credltors: Amount falling due wlthln one year
Net current assets
13
Total assets le55 current Ilabllltles
20.282
16.105
Net a55ets excluding penslon asset or Ilability
Total net assets
20,282
16.105
20.282
16,105
The funds of the charity
Restrlrted funds
Unrestrl¢ted funds
General funds
14
14
20.282
16,105
20,282
16,lOS
Reserves
14
Total fvnds
20,282
16,105
These accounts have been prepared in accordance with the special provisions of Part IS of the Companie5
Act 2￿6 relating to small companies.
For the year ended 31 July 2023 the company was entitled to exemption under sertlon 477 of the Companles
Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with sectlon 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complylng wlth the requirements of the Companie5 Act
2006 with respect to accountlng records and the preparation of a¢¢ounts.
Approved by the board on 18 January 2024
And signed on its behalf bv:
C.M. Barrie
Trustee
18January 2024
Pège 3

Maghull Musical Theatre Company
Note5 to the Accounts
for the year ended 31 July 2023
l Accounting pollrles
Basls of preparation
The financial statements have been prepared in accordance with the charity's 8overninB document, the
Companies Act 2006, FRS 102"The Financial Reporting Stsndard applicable In the UK and Republic of
Ireland" I'FRS 102") and the Charities SORP 'Attountlng and Reportlng by Charlties: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffective l January 20191.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabillties are initially
recognised at hlstorlcal cost or transaction value unles5 Otherwise stated in the relevant accounting
policy note. The functional currency used is the £ Sterling.
Assets and liabilities are initially recognized at historical c05t or transaction value unless otherwise stated
In the relevant accounting policy note.
The functional currency used is the £ Sterling.
Preparatlon of the accounts on a going concern basls
At the time of ipproving the accounts, the trustees, have a reasonable expectatlon that the Charity has
adequate resources to continue In operatSonal existence for the forseeable future. As such these
accounts have been prepared under the going concern basis.
Change In ba515 of accounting or to previou5 accounts
There has been no change to the accounting policies Ivaluatlon rules and method of accounting) since
last year and no changes have been made to accounts for prevlous years.
Fund accountlng
Unrestricted funds
These ère available for use at the discretion of the trustees in furtherance of the
general objects of the charty-
These are unrestricted funds earmarked by the tru5tee5 for particular purposes.
These are unrestritted funds which include a revaluation reserve representing the
restatement of investmènt assets at thelr market values.
These are avallable for use subject to restrictions imposed by the donor or through
terms of an appeal.
DesiBnated funds
Revaluation funds
Restricted funds
Pa£e 4

Maghull Mu51cal Theatre Company
Notes to thÈ Accounts
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficlent reliability.
Income with related Where income has related expendlture the income and related expenditure is
expenditure
reported 8r055 in the SOFA.
Donations and
le8acies
Voluntary Income recelved by way of grants, donations and gifts 15 included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaim5 on
Income from tax reclaims Is Included In the SOFA at the same time as the
donations and gifts giftldonation to which it relates.
Donated servlces
These are only included in income (with an equivalent amount In expenditure)
and facllltles
where the benefit to the Charity is reasonabty quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included In the accounts when receivable.
Gain511105sesl on
This includes any galn or loss resulting from revalulng Investments to market value
revaluatlon of flxed at the end of the year.
a55etS
Gains/llossesl on
invèstment assets
This includes any gain or loss on the sale of investments.
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
annot be fully recovered. and Is reported as part of the expendrture to whlch St
relates.
Expendlture on
These comprlse the costs associated with attractin8 voluntary income, fundraising
raising funds
trading ¢0sts and investment management costs.
Expenditure on
These comprise the costs incurreij by the Charity in the delivery of Its actIv￿leS and
charltable artivitles services In the furtherance of Its objects. Includlng the making of grants and
Bovernance costs.
All grant expenditure 15 accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meètin8 the Constitutional and statutory
requirernents of the Charity, including any audit/independent examination fees,
Costs linked to the strategic management of the Charitvi together wlth a share of
other administratlon tosts.
Other expenditure These are support costs not allocated to a particular activ6ty.
Grants payable
Governance c05t5
Taxation
The charity is exempt from corporation tax on its charitable activities.
Trade and othew debtors
Trade and other debtors are recognised at the Settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 5

Maghull MUSI￿1 Theatre Company
14ote5 to the Accounts
Cash and cash equlvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturitie5 of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown within borrowings or current Ilabillties.
In the Statemenl of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash Management.
Trade and other credltors
Short term creditors are measured at the transaction price. Other credltors and provislons are recogni5ed
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are nomially recognised at their settlement amount after
allowing for any trade discounts due.
2 Company status
Maghull Musical Theatre Company is an unincorporated charity
3 Statement of Financial Ac¢ivitie5- prior ¥ear
Unrestrirted
funds Total lunds
2022
2022
Income and endowments from:
Donations and legacies
Charitable activtties
6,377
19.240
6,377
19,240
Investments
Totsl
25.619
25,619
Expendlture on:
Raising funds
Charitable activlties
400
24,569
4(Kl
24,569
Total
24,969
24,969
Net income
650
650
Infome bthire other
8ains/llossesl
Othergalns and10sses:
Net movement In funds
650
650
650
650
Re¢onclllatlon of funds".
Total funds brought forward
Totsl funds carried forward
15,455
15A55
16,105
16,105
Page 6

Maghull Musical Theatre Companv
Notes to the Acf¢)unts
4 Income from donatlons and lega¢les
Unrestricted
Total
Total
2023
2022
Subscription5
Donations
2.906
762
2.906
762
3,420
378
Dance Class
516
3.668
3,668
4,314
5 Income from charitsble artS¥lties
Unrestrlcted
Total
Total
2023
2022
Gypsy
Guys and Dolls
Jekyll and Hyde
Calamity lane
Music Night
Raffle
100
100
18,147
24.439
25,128
24,439
25.128
363
150
Gala Dinner
2,445
2.445
185
478
Workshop
Tshirts
185
96
90
Race NiBht
Key fobs and fridge magnets
50th Anniversary brochure
Refreshments
870
870
77
77
155
155
362
362
NODA Dinner
1,192
55,043
1,192
55,043
19,240
6 Income from other trading artivitie5
Unrestrirted
Total
2023
Total
2022
100 Club
1.564
508
1,564
508
1,872
191
Sponsored Walk
Cockney Quii
Raffle
340
340
697
697
3.109
3,109
2,063
Page 7

Maghull Musical Theatre Company
fr4ote5 to the Accounts
7 Income from Investments
Unrestricted
Totsl
Total
2023
2022
Bank interest receNable
82
82
82
82
8 Expenditure on raislng tund$
Unrestrieted
Total
2023
Totsl
2022
Fundroising troding costs
ILX) Club
465
465
4r￿)
465
465
400
9 Expendlture on charitsble actlvltles
Unre5tri¢ted
Total
Tt>tsl
2023
2022
Expenditure on charitoble
ortivities
Production5
55,357
55,357
22.765
Governonce costs
Depreciation
Insurance
212
212
622
1,006
1,006
815
Telephone, office supplies
and postage
Other administration costs
192
192
191
493
493
176
57,260
57,260
24,569
io stsff costs
No employee received emoluments in exce55 of £60,c￿0.
Page 8

Maghull Mu$i¢al Thealre Company
Notes to the Accounts
11 Tanglble fixed assets
Cost or revalua15on
At I Au8USt 2022
Addltions
At 31 July 2023
Depreciation and
Impalrment
At I August 2022
Depreciation charge for the
vear
At 31 July 2023
Net l)ook values
2,866
2,866
248
3,114
248
248
2,866
1,868
1.868
62
150
212
62
2,018
2,080
At 31 July 2023
At 31 july 2022
12 Debtors
186
848
998
1,034
998
2023
2022
Trade debtor5
Other debtors
Prepayments and accrued income
540
148
136
3,946
4,634
136
13 Credltors:
amounts falling due within onè year
2023
2022
Trade creditors
Other creditors
Accruals
927
769
3,414
175
3,592
186
4,705
4,358
14 Movement In fvnds
Incoming
resources
Ilncludlng
other
At l August galnsllosses
2022
Resources
expended
At 31 Julv
2023
Restricted funds:
Unrestrlcted funds".
General fvnds
16.105
61,902
157.7251
20,282
Total funds
16,105
61,902
157,7251
20,282
Page 9

Maghull Muslcal Theatre Company
Notes to the Accounts
15 Analysls of net assets between funds
Unrestrlcted
fund5
Totsl
Flxed assets
1.034
19,248
20,282
1.034
19.248
20.282
Net current assets
16 Reconciliation of cashllnet debt)
At l Augusl
Z022
At31 Juty
2023
Cash flows
Cash and cash equivalents
14.831
14.831
8.986
8,986
23,817
23.817
Ca5hllNet debtl
14.831
8,986
23,817
17 Related party dlsclosures
Controlllng porty
There is no controlling party.
Page 10