REcigfERED CHARITY NUMBER: 50S962 Tru5tees' Report A)Dd Unaudited FinaTrcial Sthtemertts Cor tbe Y¢ar Ended 30 JuDe 2022 for The Aldridge Musical Comedy Society Trdlton Pardoe Limited Chartered Accountants 794 High Streei Kingsivinford Wcst Midlands DY6 8BQ
The Aldridge Musical Comedy Soeitty C4Dtents of tht Financial Statements for the Y¢ar Ettded 30 j¢ 2022 Page Trustees, Report Independent EJaminer's Report St3tem¢Dt of Financial Acllvlties B4lanee Sheet Note5 to the Financial Statements 8 to 13 Detailed St#tement of Finxntial A¢tivities 14
The Aldridge Muskal Comedy Society Trusttts, Report for the Year Ended 30 June 21b22 The iNleeS preseni their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions olAccounting and Reporting by Charities.. Statement of Reu)Tnmended Practice applicable to harities preparing their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ir¢land IFRS 102} (effectiv¢ l January 2019). OBJECTIVES AND AcfivJTIES Objtctives The objecis of the Society shall be to improve, edLKate and cultivate ihe public tsste tn Musical Theatre, aiTning to.. (a) En¢ourage the study of, and undcrlake the perfotwnance of. m1¢81 Theatre in any of irs forms. (b} Produce Musical iheatre, ranging from Lighi Enlertainment to more Dramaiic Work5 and stimulate and cr¢ate new innovaiion. (c) As51St and further such charitable instilutions and purposes as the Mana8ernent Comrnittee may from time to time determine. Activities In relation to ihese putpnses Aldridge Musical Cotnedy Society staoes Iwo major shows during each y¢ar. and occasional Smaller concerts at OAP homes, local fairCam]yals and oiher events. Mcinbership of the society is open io any member of the public. those for whom the cost of Tn¢mbership is prohibitive may have their metnbership fees waived at the discretion of the MaEwgement.Cotntnittee (Trusree%). Acting tneinbers ale selected by sirnple singing audition. an)'one not passing ihe audilion may become a non-acting member and help froi)t of house andlor back stage. Perforining shows benefits acting members by improving their knowledoe and understanding of a wide variety of musical theatrc genres. developing their skills in acting, singing and dancing. and irnproving their physical and mental wcllbeing. Non-actinu mcmbers ¢an iTnprove their skills and experience in technical 8sFects of theatre including lighting, stage manageinent, cosiume and makeup and customer service as well as tewn W01ng. Audienees, made up of an}, meTnbers of the general public m.ho purchase tickets, benefit from an increased appreciation and enjoynent of the musical theaire repertoire and gain access to musiol theatre for a lower price and in venues more local to their homes than professional comparlies can provid¢. Social investments Where (¢dsible. Aldridge Musical Comedy Society ha8 ged fiuKls in the past and present to support Keeling School of Dance where rehearsals are held and the Prince of Wales Theatre where shows are perfornied. Volunteers Voluiiteers can mak'e Lontribuiions through being non-acting member5 or patrons for the society, in which they receive benefits in exchange for a monetary membership. Trustees are volunteers who are elected io cor)unkltee at the AGM. Volunt¢eTS also provide rehearsal refreshments, and backstage and front of house services for shows. ACHIEVEMENT AND PERFORMANCE CharitAblc activitics Aldridge Musical Comedy Society cndeavouts to pul on sho.5 a year through its rnelnbers and volunteers. Bi-weekly rehearsals for 50 weeks of the year provides its members and volunteers with social interacrion and personal wellbeing and menial nourishmeni. In panicular we were one of the firsi local societies to restore production5 after COVID by holding rehearsals autdoors and sociallv distanced. By supwrtKng its membeTS alongstde the services il uses such as Keeling School of Dance. the PrinLe of Wales Theatre and usin¥ its reach w adTrertise lo[ business and opportunities for all abilities allows it to suppon ihe local area and provide safe spaces for those Wanting io express themselves. Aldridge Musical Comedy Society managed to knt iwo successful sknw5 in 21122. Sister Act and Cinderella, bringing in imponant funding for firture shows and showcasing c&st talents Page I
The Aldridge Musical Comedy Society Trn5tees' Report for the Year E#ded 30 2022 ACHIEVEMENT AND PERFORMANCE Fundraising a¢tiTr'ities Althougwh fundraising w'o5 difficult due to lasting effects of the CoronavinLq Outbreak, Aldridge Musical Cornedy Society still man#gTed to host social event5 and perforniances rdi5e filluls for the Society INve5tment performance Investmeni perforniance was lower than previo5 earS due to the Coronavirus ourfyeak and dependence on social events for investment. FINANCIAL REVIEW Financi¥l positio The accounts shaw Inrne for the year to have totalled £31 ?69. Expenditure fo the year totalled £30.96? resulting in a swpI$ of irwme over cxp¢nditure for the year of £307 {£663 Deficit ..2021 J Totsl unrestricted fijnds held by the ¢harity in¢re&sed over the year under review from £22.699 to £23,006. PrincipaI funding sources The cliaritS principal sourccs of fimding are from m¢mbership.itKom< sales relating to perforniance5 {Ticket& progTammes, raffle) and Social events for fvndraising Reservt5 policy R¢serves arc held by the socieiy in order to fimd future slK)ws, mitigate against risk of abandonment and to purchase fixed ass¢ts and sundries for ihe use of the Society (e.g. K¢yboard, sound equipm¢nl, props and cosiume item5. advertising banners). They may also be used for the benefit olmembers in amginL professional workshops on singin& dancing etc. Principal risks Effccts of the Coronavirus outbreak on theatre perfomiance attendances and continued suPrt by members in rehearsal and membership status STRUCTURE, GOVERNANCE AND MANAGEMENT Coverning document The Lhdriij is conirolled by its governing document, a deed of In] and constitutes an unincorporated charity. OrgaNisational structure Tru.%te¢s elected into a committee. lead by a Chairnian bul supported on all areas by ea¢h other. Roles of importance voted on a per trustee basis and approval from society members and pairons. Wider nelwork Aldrid¥L Musical Comedy So¢i¢ty is a melnber o( the Arts Council for canno Chase, where it perfomis its shows. It is algo a meinber of the National Operati¢ and tkntic Association INODA} REFERENCE ANI) ADMINISTRATIVE DETAII Registered Charity number 505962 Princip31 address 14 Mill Way Lonbdon Stdffordshire WS15 4PF Page 2
The Awridge Musical Comedy Society Trusttts. Rewbrt for tb¢ Year Ended 30 June 2022 Truste C P Leddington (resigned 30.11.22) J Lamb {resigned 30.11 ?2) G White {resigned 15.8.22) R Beckeii (appointed ?8.11.21) (resied 30.6.22) A BrowTJ (appointed 28. 11 ? l ) {iesigned 30.6.22) E L Wallage {resigned 30.11.22) K Flint P Garratt (resigned io. 11.221 E O'Quinn (r1bned JO. 11.2?) S Brooke lappoinied 1.7.21) (resigned 28.11.21) C Mclnnion lappoinied 1.7.21 } (resigned 28.11.21) S Bcckett (appoint¢d 1.7.21) {resigned ?8.11.21) M Maiinion (appointed 1.7.21) (resigyned ?8.11.21) T Stcphens-Anderson lappotnied 1.7.211 (resigned 28.11.21) T Britt (appointed 1.7.?1) (resi&sned 30.6.22) G Ball {appointed 28.11 ? l ) (resign¢d iO.6.22) E Padlev lappoinied ?8.11 ? I l (te5igned 30.6.22) M Mannion lappoinred 30.11.22) C Oatley (appointed 30.11.22) C Mannion (appointed 30.11.22) R Beckett (appointed 30.11.22) Independent Examiner Colin Dalion FCA Dalton Pardoe Limited CharteTed Accouniants 794 High Streei KinLTswinfoTd West Madlands DY6 8BQ TRUSTEES, RESPONSIBILITY STATEMENT The trustees are responsible for preparino the Trustffs, Report and the financial statements in acrdanCe with applicable law and United Kingdom Accounting Siandards (Uniied Kingdom Generally Accepted AccountÉng Practice). The laiv applicable to chariiies in England and Wale& the Charities Aci 2011, Chariry (Accounts and Reports) Regulations 2008 and the provisions of the tru detd requires the tn]stees 10 pr¢pare financial statements for each financial year wthich give a tru¢ and fair view of the stale of aifairs of the charity and of the incoming resources and application of resourc¢s, including the income and expendilure, of the charity for that pcriod. In preparing those financial statements, thc tnjstees are required ro select suitable accounting policies and then apply ihern consisiently. observe the meihods and principle5 in the Charity SORP: Inake judgements and estimates tha( are reasonable and prudent- prepare the financial stateTnents on ihe going concern b&si5 unless il is inappropriate io presume that the charity will ontinue in busines5. The trustees are responsible for keeping proper acrounting records which disclose with reasonable accuracy at any time the rlnancial position of the chariry and to enable them to ensure ihat the financial statements comply with the Charities Act 201 I, the Chariiy {Accounis and Repons) Regulations 2008 and the provisions of the trust deed. They are a150 responsible for safebwuarding Ihe assets of ihe charsty and hence for taking reasonable steps for the preventiOTL and dettttion of fraud and oiher irregularities. Page 3
Thc Aidridgt Musical Comedy Stseiety Trustees, Report for the Year Ended 30 June 2022 Approved by Order of the board of tnLsiees on .......... . aryj signed on its behalf by. M Mannion- Trustee Page 4
IndepeDdeDt Examiner's Reptsrt to the Trustees or The Aldridge Musical Comedy Society Independent examiner's report to Ihe trusttes of The Aklridge Musical Comedy Society I report to the charity trusiees on my examinaiion of ihe accounts of The Aldridge Musical Comedy Society (the Ttust) for thc year ended JO June ?022. Responsibilitles and basis of report As ihe charily trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of ihe Charities Act 2011 ('the Act.). l report in respect of my examination of the Trust's ac£ounts carried out under Seaion 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14i151{b) of the Act. IndepeDdetht txaminer's statement I have completed my examinaiion. I confim) ihat no material mattcrs have come to my attention in connection wrh the examination giving me cause to believe that in any material respect= accounting records were not kept in respeci of the Tnw as required by Seaion 130 of the Act" or the accounts do not accord '1th those records: or the accounts do not coimply with the applicable requirements concerning the forni and content of accowlts set out in the Charities (Accounts and Reports) Regulations 2008 than any requirement that the accounis give a true and fair view whieh is not a matter considered as part of an independent examination. I have no cuncems and have COTne across no other mallers in WTJnection with the examination to which attention should be dram in this iepon in older to enable a proper understanding of the ac£ounts io be reached. Colin Dalton FCA Dalton Pardoe Limited Chartered Accountants 794 High Street KinLis1I1ilv[d Wesi Midlands DY6 8BQ Dale.. 31s12oZ Page 5
The Aldridge Musical Comedy Society StattmeDt of Financial Actii'ities for the Ytar Ended 30 Julle 2022 30.6.22 Unrestricted fuDd 30.6.21 Total Notcs INCOME AND ENDOWMENTS FROM Charitablc income 30.953 263 Ihher trading activities Invesimenl income 310 Total 31369 265 EXPENDITURE ON Charitable activities Expcndiiiire 30542 928 Other 420 Total 30.962 928 NET INCoM(EXpENDITuRE) 307 (663) RECONCILIATION OF FUNDS Total funds brought fOard 22.699 23J62 TOTAL FUNDS CARRIED FORWARD 23.006 22,699 The notes forni part ofttKse finaTKial sthtements Page 6
The Akjridge Com¢dy Soclety Balanee Sheet 30 2022 30.6.22 Unrestrleted fund 30.6.21 Toial fvnds Notes CURRENT ASSETS Debtors Cash ar bank knd in hand 10 4.141 19J30 4.771 17.973 23,471 22,744 CREDITORS nounts falling due within onc year (46S) {45) NET CURRENT ASSETS 23,006 22,699 TOT AL ASSETS LESS CURRENT LIABILITIES 23,1)06 22,699 NET ASSETS 23,006 22,699 FUNDS Unrestricted fun4Js 12 23,0116 22,699 TOTAL FUNDS 23.006 22,699 The financial siatements were approved by the Board of Trustees and autlx)rised for issue on and were signed on ils behalf by.. C Oatley- Trusie The notes forni part of ihese financial stat¢ments Page 7
The Aldridge Musical Comedy Society Note5 to the FiD#ncial Statements Cor the Year Ended 30 2022 ACCOUNTING POLICIES Basls of preparing the finaneixl 5tstemeDts The financial statements of the charity., wthich is a public benefit e[ty under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Chari(ie5: Statement of Recommended Practice applicable ts) charities preparing their accounts in accordance with the Financial Reporting Standard applicable in rhe UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Rewrting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The firtaneitl sthiemenis have been prepared under the historical cost convention. Infome All income is recognised in the Scaiement of Financial Activities onc¢ the charity h&s enlitlement to the funds, it is probable that the income will be received and the anx)uni can be measured reliably. Expenditure Liabilities are recoenised as expeEKliture as soon as there is a legal or constructive obligation commilling the charity to thai expenditure, it is probable that a transfer of economit benefits will bc requir in settlement and the amount of the obligation can be measured reliably. Expendilure is ac£ouni¢d for on an accruals basis and has been classified undcr headings that aggregate all cosi related to the tegOry. Wher¢ costs cannot be directly attributed to particular headings they have been allocaied to aciivities on a basis consistent with the use of resources. Taxation The charity is exempi from on its Charlb]e activitie Fund accountlng Unrestricied funds can be used in ¥cordance with the diaTitable objectives at the discretion of the trustees. Restricted funds can only be for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted pu4)oses. Further explanation of the nalljre and purtM)se of each fimd is inc[Jed in the notes io the financial statements. CHARITABLE INCOME 30.6.22 30.6.21 Total funds Unreslrieted runds Production income Donations Meinbers subscriptions Merchandise income 24J62 1.985 3.747 859 263 30.953 263 Page 8 continued...
The Aldridge Musical Comedy Soeiety Note5 to the Financial S141ements- ¢on¢inued for the Year Ended 30 Junt 2t122 CHARITABLE INCOME- contined Donatlon5 were made up as follows: 2022 2021 Social fund Other 1,81)0 185 150 1,985 150 OTHER TRADING AcfiviTIES 30.6.22 Unrestricted fuTrds 30.6.21 Total fvnds Other income 310 INVESTMENT INCOME 30.6.22 U4restricted funds 30.6_21 Total fijnds tkposit account interest CHARITABLE AcfiviTIES COSTS Direct Costs (see note 6) Expenditure 30.542 Page 9 continued...
The Aldridge Musicgl Comedy kniety Notes to the Flnanctal St4tements- ¢onlinutd for the Year Ended 30 2022 DIRECT COSTS OF CHARITABLE A1V1T1Fs 30.6.22 30.6.21 Produciion costs Insurance NODA Subscription Merchandise expenditure Other expenses 28.676 i86 258 4SO 572 586 87 255 30.542 928 TRUSTEES, REMUNERATION AND BENEFITS TheTe were no trustees. remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 20?1. Trustets, expeN5es There were tLO trustees. expenses paid for the year erKled 30 June 2022 nor for the year ended 30 June 2021. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM C.hariiablc income 26i Investment income Totsl 265 EXPENDITURE ON Charitable #ctiyities Expenditure 928 NET If4lCOMEJ{EXPENDITURE) (663) RECONCILIATION OF FUNDS Total funds brought forward 23.362 TOTAL FUNDS CARRIED FORWARD 22,699 Page 10 ¢Ot]tinued...
Tbe Aldridg¢ Musiul Comedy Stsciety Notes to the Financial stateents- continued for tht Yer EDded 30 June 2022 PRODUCTION INCOME AND EXPENDITURE Jn¢omt: May 2022 Sisler Aet Nov 2021 Cindertll Total 21122 Total 2021 Ticket sales Programme sales Raffle- nei proceeds ProLTainme adverts Casi contributions to costs Misc income 13,723.87 ilO.00 415.1)0 157.50 427.00 8235.92 i56.00 308.(M) 429.(M) 21.959.79 666.00 723.00 586.50 427.fy) Totals 15.033.37 9J28.92 24?62.29 Expenditure- May 2022 Si51er Act Nov 2021 Cindettlla Total 2022 Total 2021 POW Commission Royalties Theatr¢ hire Rehearsal expe]ws Lighting Sound Cosiumes and materials Scencry and transport archestra sCoreIlb9r¢heSir3I parts PrintinLY and advenising Production team expenses and gratuiiie5 921.60 2,5i8.59 3.466.80 1.105.00 5iO.00 1291. 1.182.34 2.7i8.68 2.663.00 1211.33 995.51 1,160.50 921.60 2.558.59 6,283.80 2,167.50 550.00 2,261.00 .210.31 3J86.61 3,603.00 2.817.00 .062.50 970.00 27.97 647.93 940.00 969.80 1.396.6i 1,965.31 2,557.13 Totals 19.844J5 8.831.83 28,676.18 Shortfalvsurplus arising from productions -4.810.98 497.09 4J13.89 Pagell continued...
Tbe Aldridge Musieal Comedy Stsciety Notes to Ihe Financial Statements- eODtinued for the Year Ended 30 Jlle 2022 10. DEBTORS: AMOUNTS FALLING DUE WITHlf4 ONE YEAR 30.6.22 30.6.21 Tradc debtors Prepaytnents and a¢¢rued income 3.716 425 4.771 4,141 4,771 CREDITORS: AMOUNTS FALLING DUE WITHIIY ONE YEAR 30.6.22 30.6.21 Other creditors Accrued expenses 45 420 45 465 45 12. MOVEMENT IN FUNDS Net movement in funds At 30.6.22 At 1.7.21 Unrestricted funds General fund 22,699 307 23,006 TOTAL FUNDS 21699 307 23.006 Net wnovtment in funds, included in the above are &5 follows.. Incoming resourees Resources expended Movement in fuiids Unrtstricted funds General fund 31269 (30.962) 307 TOTAL FUNDS 31269 (30.962) 307 Page 12 tontinued...
Tbe Aldridgt Musical Comedy Society Notes to ihe Fin4neial Statements- eoThtinu¢d for tht Year Ended 30 June 2022 12. MOVEMENT IN FUNDS- £oThtinued Comparatives for movement fwnds Net movement in fill)ds At 30.6.21 At 1.7.20 Unrtstricled funds General fund 23 J62 (663} 22,699 TOTAL FUNDS 23.362 (663) 22,699 Comparative net movement in funds. included in the alK)ve are as follows.. Incoming resources Resourc¢s expended Movem¢nt in funds Unrtstricted funds General fund 265 (928) (663) TOTAL FUNDS 265 (928) (663) 13. RELATED PARTY DISCLOSURES There were no relaled party transactions for the year ended 30 June 2022. Page 13
The Aldridge Musical Comedy Society Detailed St*temenl of Fin%neial ActiYitiLs for tbe Year Ended 30 June 2022 30.6.22 Unrestricted funds 30.6.21 Totsl funds INCOME AND ENDOWMENTS Charitable income Production income Donation5 M¢inbers sub5¢riptions Merchandise income 24J62 1.985 3.747 859 263 30,953 263 Other trading attivities Othcr incorne 310 Investmertt income Deposii aLcouni inter¢st Total incoming resouree5 31269 265 EXPENDITURE Charitable activities Produciion cosis Insiiraiice NODA Subscription Merchandise txpendiiure Other expenses 28,676 586 258 450 572 586 87 255 30542 928 Support costs Govcrn2n¢t Costs Independeni examiner 420 Total resources expwded 30,962 928 Net income 307 (663) This page does not fonn part of the statutory financial statements Page 14