TREASURERS' REPORT FOR THE YEAR ENDED 31ST DECEMBER, 2020
Treasurer: Ian Burrell
Accounts Examined by: Barbara Double
Remarkably, after two financially difficult years for HMTC, when we registered losses of just over £28,000, we have managed to come out of 2020, with all its unique problems, bearing a small profit of £1,609.28.
Before going any further, it is important to acknowledge the support that we have received from the Government, via Herefordshire Council. Grants totalling £11,334 to help us through the COVID pandemic have been an absolute lifeline; without them, our losses would have been considerable – not far short of £10,000. The good news is that we have already received further grants of £8897.58 in 2021, which should help to keep us on an even keel until we are able to get “up and running” properly again.
It seems a lot more than just over a year since our Youth Group managed to perform in our only “live” production of 2020. “Imaginary”, under the production team of Nicky, Sarah P and Jenni, brought in a fantastic profit of £823.16 …and just in the nick of time, as we went into lockdown a little over a week later.
Since then, of course, there has been only one rule – uncertainty. It has been impossible to plan for anything and we really have had to take everything one step at a time. It quickly became apparent that our planned “Backwards Broadway” Memory Lane concert would not be able to go ahead and soon after that we had to make the decision to cancel our long-awaited production of “Chicago”. We were extremely grateful to Concord Theatrical, the rights-holder, for refunding our up-front expenses of £2,081.57 in full, so no loss was incurred.
Instead of our planned “normal” shows, innovation became the order of the day. Our two online fundraising projects, “HMTC Goes Virtually Viral” and “HMTC’s Christmas Countdown”, involved a huge amount of hard work and co-ordination to bring together an amazing body of work, featuring both our adult and youth companies, which will be available online as a legacy for years to come. Whilst everyone involved deserves our gratitude, special thanks must go to Jenni, our MD, and Nicky, for a lot of the admin and, along with Sarah P, for getting great results from the Youth Group, and especially to John and Sarah Q, and to Richard and Mike, for the many hours they spent editing the respective projects. Between them, the two projects yielded donations of £1558.60, which is a terrific effort, especially when you consider that this almost equates to our entire profit for the year!
One spin-off from creating these projects is that we now have a presence on “Just Giving”. Not only were we able to use this as a way of raising money ourselves, but it is now possible for any individual or group to fund-raise on our behalf. Please do think about this, if you have the opportunity!
On the subject of fundraising, Sarah R organised a quiz evening and a cake raffle, and Sam’s careful management of the bar ensured that surplus stock was sold off, or raffled, before it went out of date. All of these yielded small, but useful additional funds – thank you to both.
Of course, for much of the year, the Tomkins Theatre has been largely deserted, although we must thank Richard, Tony and Paul, all of whom have called in regularly to keep a check on it. Naturally, our energy and cleaning bills have been considerably lower, but maintenance and running costs have still had to be paid and our normal income from hire of the hall, for both regular and one-off events, has been significantly reduced. In the early part of the year, Richard completed the transformation of the toilets. They really do look fabulous and are a vast improvement on what was there before. One addition in 2020 has been the acquisition of a new sprung dance floor from a dance school which was closing down. We were able to acquire this for the payment of just the cost of the transport and, when lockdown was eased last summer, a small group of us were able to go into the hall to install it.
Perhaps inevitably, subscriptions in all our groups are down on last year. Without the possibility of live shows, the chances of attracting new members, or retaining recent or “fringe” members, were very low, and support of our Friends scheme has greatly diminished. Attracting new Friends has become harder over recent years and, sadly, previous Friends have fallen by the wayside. The Committee is well aware that, in a changing climate, we have to monitor all our membership subscriptions and associated benefits, hence the proposal which is being brought to
this meeting, but it is incumbent on all of us to do all that we can to attract and retain new members and Friends. Meanwhile, thank you to Judith, as Members’ Secretary, and Sarah P, as Friends’ Secretary, for their continued work coordinating these aspects.
In spite of this, the 50 Club continues to hold its own, thanks largely to Graham, who is the driving force behind it! As well as managing to persuade many of us to continue to part with our cash, he has been innovative in his thinking, hence the change which will see a new monthly first prize of £100, starting with April’s draw. Thank you to all who continue to support it.
Thank you to everyone who has made use of electronic banking to make their payments over the last year, it really does make my life as Treasurer so much easier. Even when we move out of lockdown, it would be greatly appreciated if as many of you as possible could continue to make your payments in this way. In case you need them, here is a reminder of the BACs details:
Sort Code: 30-94-14 Account Number: 00197239
Please remember, in the “Reference” box, to put your NAME followed by a note of what the payment is for, e.g. “P Morris Subs”, “I Burrell 50 Club”, etc. (If you can’t easily change the reference each time, or if it’s a payment for more than one thing, please let me know as soon as you make the payment, preferably by e-mailing me the details.)
If you are unable to use BACs and need to make a payment by cheque, please make your cheque out to “HEREFORD MUSICAL THEATRE COMPANY” (in full and not just “HMTC”)
Many of you will have spotted that there is still a blank in the row marked “Gift Aid”. I apologise for dragging my feet on this! However, I will shortly be submitting claims for both 2019 and 2020 – in each case, the amount of the claim should be just in excess of £1000, i.e. a total of over £2000. Whilst this will be a great addition to our coffers, it is noticeable that many donations which are eligible for Gift Aid are not covered by a Gift Aid declaration form. It may be that members are not aware that membership subscriptions, including for the Youth Group, and show levies, are eligible. If you are a tax payer and have not previously filled out a Gift Aid form, please let me know. It is simple to do and we can still claim Gift Aid on any eligible payments made in the last four years. Please also remember that, if you have previously completed a form and any of your details – name, address, etc – have changed, it is important to let me know so that our records can be updated. If you are not sure whether you have filled in a form or whether your details are up to date, please check with me – I can quickly let you know and, if necessary, provide you with the relevant form. One more thing on Gift Aid, please note that, once the transition to CIO is complete, I will need to ask everyone to submit a new Gift Aid declaration. Please do this, so that we can continue to benefit from the extra twenty-five percent that the Government will give us.
Finally, thank you to Barbara Double, as always, for auditing these accounts for us.
I hope that I have clarified these accounts as much as I can, but if anyone has a question, I will do my best to answer it. Once any questions have been answered, I propose that these accounts should be formally adopted.
HEREFORD MUSICAL THEATRE COMPANY
AUDITED ACCOUNTS 2020
2 HMTC ACCOUNTS 2020
2020
2019
INCOME
| Membership Subscriptions - Adult Company - Youth Group Patrons/Friends/VPs 50 Club NODA Long Service Awards Gift Aid Hall Hire Donations from Bar Donations (Unspecified) Government Grants - COVID 19 Bank Interest Sundries - Fundraising - Hire of Mics (HAPS) - Box Office for Starlight Company Income from Shows (and concerts in 2019) TOTAL |
2,737.50 1,065.00 297.00 2,500.00 (crd 2020 50.00) 139.00 - 3,043.00 744.07 50.00 11,334.00 6.86 329.00 250.00 133.43 6,327.71 28,956.57 (b/f 2019 1911.00 crd 2020 42.71) (b/f 2019 321.00 crd 2020 190.00) |
3,566.22 1,320.00 (b/f 2018 105.00) 1,307.00 2,580.00 44.00 -600.00 (b/f 2018 600.00) 7,811.00 (crd 2019 321.00) - 225.00 - 10.92 43.00 - - 43,803.07 60,110.21 (b/f 2018 1,444.82 crd 2019 1,911.00) |
|---|---|---|
EXPENDITURE
| Admin NODA Membership Insurance Bar Licence Website Management Stationery and Postage Photocopier Membership 50 Club Prizes NODA Long Service Awards Musical Director - Jenni Axtell Lockdown - Quiz Prizes Hall Installation of Fire Alarm System Refurbishment of Toilets Cleaning, Maintenance and General Running Costs Services - Electricity/Gas/Water - Phone Line/Broadband - Recycling Rental of Small Hall from Holy Trinity PCC Sundries - Scenery Storage - Music Stands - Delivery of Dance Floor - Box Office for Starlight Company Expenditure for Shows (and concerts in 2019) TOTAL OVERALL BALANCE ASSETS B/F ASSETS C/F OVERALL BALANCE |
200.00 2,412.88 180.00 200.00 - - 1,535.00 (deb 2020 125.00) 161.00 5,400.00 30.00 - 6,126.49 2,675.67 (b/f 2019 397.12) 4,497.32 447.90 42.25 100.00 78.00 - 325.00 133.43 2,802.35 27,347.29 1,609.28 103,727.96 105,337.24 1,609.28 (b/f 2019 4,384.47) |
200.00 2,366.71 180.00 200.00 131.57 239.97 1,990.00 66.00 5,400.00 - 4,919.16 - 6,095.86 (deb 2019 397.12) 7,076.48 576.20 165.75 100.00 72.00 402.00 - - 48,260.51 78,442.21 -18,332.00 122,059.96 103,727.96 -18,332.00 (b/f 2018 4,698.77 deb 2018 2,213.60 deb.2019 4,384.47) |
|---|---|---|
3 HMTC SHOW ACCOUNTS 2020
| 3 HMTC SHOW ACCOUNTS 2020 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| INCOME Box Office Takings Refund (Cancellation) Programme Adverts Donations Photos/DVD Sales Programme Sales Show Raffles, etc. Bar Takings TOTAL Less: Cash in hand 2019 Add: 2020 Creditors EXPENDITURE Licence/Royalties Scenery Props Costumes Band Sheet Music Bar Licence TOTAL Less Creditors 2019 Add: Payments in Advance 2019 Add: 2020 Debtor PROFIT/LOSS IN 2020 |
2019 | Holly Jolly Christmas Imaginary 66.00 2,047.04 - - - - 25.00 - - - - ) 259.00 145.00 ) - 381.50 236.00 2,687.54 -236.00 - - - 0.00 2,687.54 - - - 25.33 - 18.98 - 55.47 - 600.00 - - - 21.00 0.00 720.78 - - - - - - 0.00 720.78 0.00 1,966.76 |
2020 | Christmas Countdown - - - 509.35 - - - - 509.35 - 42.71 552.06 - - - - - - - 0.00 - - - 0.00 552.06 |
TOTALS | ||||||
| The Wind in the Willows - - - - - - - - 0.00 - - 0.00 - - - - - - - 0.00 - - - 0.00 0.00 |
The King and I - - - - - - - - 0.00 - - 0.00 - - - - - - - 0.00 - - - 0.00 0.00 |
The Magic of the Musicals - - - - - - - - 0.00 - - 0.00 - - - - - - - 0.00 - - - 0.00 0.00 |
Attitude Avenue - - - - - - - - 0.00 - - 0.00 - - - - - - - 0.00 - - - 0.00 0.00 |
Kipps - - 125.00 1,000.00 550.00 - - - 1,675.00 -1,675.00 - 0.00 4,384.47 - - - - - - 4,384.47 -4,384.47 - - 0.00 0.00 |
Chicago (Cancelled) - 2,081.57 - - - - - - 2,081.57 - - 2,081.57 1,275.60 - - - - 805.97 - 2,081.57 - - - 2,081.57 0.00 |
Virtually Viral - - - 1,006.54 - - - - 1,006.54 - - 1,006.54 - - - - - - - 0.00 - - - 0.00 1,006.54 |
|||||
| 8,196.00 | |||||||||||
| -1,911.00 42.71 |
|||||||||||
| 6,327.71 | |||||||||||
| 7,186.82 | |||||||||||
| -4,384.47 0.00 0.00 |
|||||||||||
| 2,802.35 | |||||||||||
| 3,525.36 |
4 ASSETS
| FIXED ASSETS Land and Buildings New Ceiling Equipment Microphones Chairs Seats Trolley Tables Keyboard Till Sound System CURRENT ASSETS Cash in Hand Cash at Bank - Current Account - Instant Saver Account Debtors and Payments in Advance at 31/12 Creditors at 31/12 TOTAL ASSETS |
2020 52,833.00 6,452.87 1,808.54 3,327.25 200.00 4,953.00 108.00 1,380.00 729.73 54.99 1,090.50 72,937.88 30.00 32211.65 - 10,314.88 - 21,896.77 282.71 -125.00 32,399.36 105,337.24 |
2019 52,833.00 6,452.87 1,808.54 3,327.25 200.00 4,953.00 108.00 1,380.00 729.73 54.99 1,090.50 72,937.88 30.00 33309.67 - - 2,232.00 -4,781.59 30,790.08 103,727.96 |
2019 52,833.00 6,452.87 1,808.54 3,327.25 200.00 4,953.00 108.00 1,380.00 729.73 54.99 1,090.50 72,937.88 |
|---|---|---|---|
| 30.00 33309.67 - - 2,232.00 -4,781.59 30,790.08 |
11,419.76 21,889.91
5 OUTSTANDING DEBTORS AND CREDITORS 2020
DEBTORS
| PAID 11/01/2021 HALL HIRE PAID 12/01/2021 DONATION FOR LOCKDOWN PRODUCTIONS PAID 10/02/2021 DONATION FOR LOCKDOWN PRODUCTIONS PAID 02/03/2021 50 CLUB SUBS (2020/21) CREDITORS PAID 01/03/2021 50 CLUB PRIZE (NOV. 2020) UNPAID Ch. # 3734 50 CLUB PRIZE BALANCE UNPAID Ch. # 3753 50 CLUB PRIZE |
190.00 35.59 7.12 50.00 282.71 50.00 75.00 125.00 157.71 10.00 Cheque destroyed, to be treated as a donation* |
|---|---|
- Shown in "Income and Expenditure 2020": £10 included in donations; £10 included in 50 Club Prizes
RECONCILED DEBTORS AND CREDITORS 2019
DEBTORS
| PAID | 06/01/2020 | HALL HIRE | 121.00 | |
|---|---|---|---|---|
| PAID | 07/01/2020 | KIPPS | DONATION | 1,000.00 |
| PAID | 21/01/2020 | DVDs | SALES | 550.00 |
| PAID | 31/01/2020 | HALL HIRE | ELECTION | 200.00 |
| PAID | 04/02/2020 | KIPPS | PROGRAMME ADVERT | 75.00 |
| PAID | 12/02/2020 | KIPPS | PROGRAMME ADVERT | 50.00 |
| PAID | 14/02/2020 | HOLLY JOLLY CHRISTMAS | BOX OFFICE | 66.00 |
| PAID | 14/02/2020 | HOLLY JOLLY CHRISTMAS | FRONT OF HOUSE SALES | 145.00 |
| PAID | 14/02/2020 | HOLLY JOLLY CHRISTMAS | DONATION | 25.00 |
2,232.00
CREDITORS
| PAID 03/01/2020 HALL CLEANING DEC PAID 15/01/2020 EXPENSES PAID 09/03/2020 KIPPS ROYALTIES BALANCE |
264.00 133.12 4,384.47 |
|---|---|
| 4,781.59 | |
| -2,549.59 |
Appendix A: HMTC INCOME AND EXPENDITURE 2020
| INCOME Membership Subscriptions - Adult Company - Youth Group Patrons/Friends/VPs 50 Club NODA Long Service Awards Hall Hire Donations from Bar Donations (General) Grants (COVID19) Bank Interest Sundries - Fundraising - Hire of Mics (HAPS) - Box Office for Starlight Company Income from Shows and Concerts TOTAL EXPENDITURE Admin NODA Membership Insurance Bar Licence Website Management Stationery and Postage Photocopier Membership 50 Club Prizes NODA Long Service Awards Musical Director - Jenni Axtell Lockdown - Quiz Prizes Hall Installation of Fire Alarm System Refurbishment of Toilets Cleaning, Maintenance and General Running Costs Services - Electricity/Gas/Water - Phone Line/Broadband - Recycling Rental of Small Hall from Holy Trinity PCC Sundries - Scenery Storage - Music Stands - Delivery of Dance Floor - Box Office for Starlight Company Expenditure for Shows and Concerts TOTAL BALANCE for 2020 |
2,737.50 1,065.00 297.00 2,450.00 139.00 3,174.00 744.07 40.00 11,334.00 6.86 329.00 250.00 133.43 8,196.00 30,895.86 200.00 2,412.88 180.00 200.00 - - 1,400.00 161.00 5,400.00 30.00 - 6,126.49 3,072.79 4,497.32 447.90 42.25 100.00 78.00 - 325.00 133.43 7,186.82 31,993.88 -1,098.02 2020 |
3,566.22 1,425.00 1,307.00 2,580.00 44.00 7,490.00 - 225.00 225.00 10.92 43.00 - - 43,336.89 60,253.03 200.00 2,366.71 180.00 200.00 131.57 239.97 1,990.00 66.00 5,400.00 - 4,919.16 - 5,698.74 7,076.48 576.20 165.75 100.00 72.00 402.00 - - 46,361.21 76,145.79 -15,892.76 2019 |
3,566.22 1,425.00 1,307.00 2,580.00 44.00 7,490.00 - 225.00 225.00 10.92 43.00 - - 43,336.89 60,253.03 200.00 2,366.71 180.00 200.00 131.57 239.97 1,990.00 66.00 5,400.00 - 4,919.16 - 5,698.74 7,076.48 576.20 165.75 100.00 72.00 402.00 - - 46,361.21 76,145.79 -15,892.76 2019 |
|---|---|---|---|
| 76,145.79 | |||
| -15,892.76 |
Appendix B: HMTC INCOME AND EXPENDITURE 2020 - SHOWS
| INCOME Box Office Takings Refund (Cancellation) Sponsorship Programme Adverts Donations Script Hire Deposits Show Levy Show Tops Photos/DVD Sales Programme Sales Show Raffles, etc. Sweets, etc. Bar Takings TOTAL EXPENDITURE Licence/Royalties Theatre Hire Theatre Box Office Admin Charges Theatre Hospitality Theatre Technical Charges Sound Scenery Props Costumes Band Script Hire Sheet Music Publicity Programmes Production Cards and Gifts DVD Editing and Production Insurance Director's Expenses Bar Licence TOTAL |
2019 | 2019 | Holly Jolly Christmas Imaginary 66.00 2,047.04 - - - - - - 25.00 - - - - - - - - - - ) 259.00 145.00 ) - - - 381.50 236.00 2,687.54 - - - - - - - - - - - - - 25.33 - 18.98 - 55.47 - 600.00 - - - - - - - - - - - - - - - - - 21.00 0.00 720.78 |
2020 | 2020 | Christmas Countdown - - - - 509.35 - - - - - - - - 509.35 - - - - - - - - - - - - - - - - - - - 0.00 |
TOTALS | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| The Wind in the Willows - - - - - - - - - - - - - 0.00 - - - - - - - - - - - - - - - - - - - 0.00 |
The King and I - - - - - - - - - - - - - 0.00 - - - - - - - - - - - - - - - - - - - 0.00 |
The Magic of the Musicals - - - - - - - - - - - - - 0.00 - - - - - - - - - - - - - - - - - - - 0.00 |
Attitude Avenue - - - - - - - - - - - - - 0.00 - - - - - - - - - - - - - - - - - - - 0.00 |
Kipps - - - 125.00 1,000.00 - - - 550.00 - - - - 1,675.00 4,384.47 - - - - - - - - - - - - - - - - - - 4,384.47 |
Chicago (Cancelled) - 2,081.57 - - - - - - - - - - - 2,081.57 1,275.60 - - - - - - - - - - 805.97 - - - - - - - 2,081.57 |
Virtually Viral - - - - 1,006.54 - - - - - - - - 1,006.54 - - - - - - - - - - - - - - - - - - - 0.00 |
|||||
| 8,196.00 | |||||||||||
| 7,186.82 |
Appendix C: HMTC SHOW TOTALS
| Appendix C:HMTC SHOW TOTALS | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2020 | TOTALS | |||||||||||||||||||
| The Wind in the Willows |
The King and I |
The Magic of the Musicals |
Attitude Avenue |
Kipps | Holly Jolly Christmas |
Imaginary | Chicago (Cancelled) |
Virtually Viral |
Christmas Countdown |
||||||||||||
| INCOME | |||||||||||||||||||||
| Box Office Takings | 2,297.28 | - | 5,918.00 | 2,539.72 | 22,156.80 | 926.19 | 2,047.04 | - | - | - | |||||||||||
| Refund (Cancellation) | - | - | - | - | - | - | - | 2,081.57 | - | - | |||||||||||
| Sponsorship | - | - | - | - | 490.00 | - | - | - | - | - | |||||||||||
| Programme Adverts | - | - | - | - | 600.00 | - | - | - | - | - | |||||||||||
| Donations | - | - | - | - | 1,547.00 | 25.00 | - | - | 1,006.54 | 509.35 | |||||||||||
| Script Hire Deposits | - | - | - | - | 440.00 | - | - | - | - | - | |||||||||||
| Show Levy | - | - | - | - | 1,310.00 | - | - | - | - | - | |||||||||||
| Show Tops | - | - | - | - | 510.00 | - | - | - | - | - | |||||||||||
| Photos/DVD Sales | - | - | - | - | 550.00 | - | - | - | - | - | |||||||||||
| Programme Sales | ) | 338.38 | - | 198.00 | 134.50 | 747.00 | ) | ) | 259.00 | - | - | - | |||||||||
| Show Raffles, etc. | ) | - | - | 231.00 | 152.50 | 580.00 | ) | 145.00 | ) | - | - | - | |||||||||
| Sweets, etc. | 68.00 | - | - | - | - | ) | - | - | - | - | |||||||||||
| Bar Takings | - | - | - | 603.70 | - | - | 381.50 | - | - | - | |||||||||||
| TOTAL | 2,703.66 | 0.00 | 6,347.00 | 3,430.42 | 28,930.80 | 1,096.19 | 2,687.54 | 2,081.57 | 1,006.54 | 509.35 | 42,508.07 | ||||||||||
| EXPENDITURE | |||||||||||||||||||||
| Licence/Royalties | 1,113.60 | 600.00 | - | - | 4,384.47 | - | 900.00 | 1,275.60 | - | - | |||||||||||
| Theatre Hire | - | - | 1,963.20 | - | 5,811.00 | - | - | - | - | - | |||||||||||
| Theatre Box Office Admin Charges | - | - | 1,332.76 | - | 4,059.74 | - | - | - | - | - | |||||||||||
| Theatre Hospitality | - | - | - | - | 351.00 | - | - | - | - | - | |||||||||||
| Theatre Technical Charges | - | - | 913.20 | - | 1,505.04 | - | - | - | - | - | |||||||||||
| Sound | - | - | 180.00 | - | 300.00 | - | - | - | - | - | |||||||||||
| Scenery | 165.30 | - | 493.39 | 35.99 | 4,542.00 | - | 25.33 | - | - | - | |||||||||||
| Props | 20.85 | - | - | 6.36 | 140.01 | - | 18.98 | - | - | - | |||||||||||
| Costumes | 40.95 | - | - | - | 2,512.54 | - | 55.47 | - | - | - | |||||||||||
| Band | 500.00 | - | 600.00 | 600.00 | 3,000.00 | - | 600.00 | - | - | - | |||||||||||
| Script Hire | - | - | - | - | 525.38 | - | - | - | - | - | |||||||||||
| Sheet Music | - | - | - | 13.96 | - | - | - | 805.97 | - | - | |||||||||||
| Publicity | 341.20 | 631.20 | 1,189.20 | 467.20 | 2,401.44 | 117.60 | 243.60 | - | - | - | |||||||||||
| Programmes | 162.00 | - | 162.00 | 136.00 | 806.00 | - | - | - | - | - | |||||||||||
| Production Cards and Gifts | - | - | 71.97 | - | 138.07 | - | - | - | - | - | |||||||||||
| DVD Editing and Production | - | - | - | - | 550.00 | - | - | - | - | - | |||||||||||
| Insurance | - | - | - | - | 197.56 | - | - | - | - | - | |||||||||||
| Director's Expenses | - | - | - | - | 1,500.00 | - | - | - | - | - | |||||||||||
| Bar Licence | - | - | - | - | - | 21.00 | 21.00 | - | - | - | |||||||||||
| TOTAL | 2,343.90 | 1,231.20 | 6,905.72 | 1,259.51 | 32,724.25 | 138.60 | 1,864.38 | 2,081.57 | 0.00 | 0.00 | 44,603.18 | ||||||||||
| PROFIT/LOSS - TOTAL | 359.76 | -1,231.20 | -558.72 | 2,170.91 | -3,793.45 | 957.59 | 823.16 | 0.00 | 1,006.54 | 509.35 | 243.94 | ||||||||||
| TOTAL PROFIT/LOSS - 2019 SHOWS | -2,095.11 | TOTAL PROFIT/LOSS - 2020 SHOWS | 2,339.05 |
1
HEREFORD MUSICAL THEATRE COMPANY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST DECEMBER, 2020
Report to the Trustees of Hereford Musical Theatre Company on the accounts for the year ended 31st December, 2020
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particulars matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material repect the requirements to keep accounting records in accordance with section 41 of the Act; have not been met; or
-
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mrs Barbara Double Hargate BADouble Millway Sutton St. Nicholas Hereford Date: 15/03/2021