Rezlstered Charlty Number 511436 STOURBRIDGE AMATEUR OPERATIC SOCIETY Trustees, Report and Financial Statements for the Year Ended 31st December 2024
STOURBRIDGE AMATEUR OPERATIC SOCIETY Trustees, Report and Financial Statements for the Year Ended 31st December 2024 Page Trustees, Report Independent Examlner's Report Statement of Financial Actlvlties Balance Sheet Notes to the Accounts Production Account
STOURBRIDGE AMATEUR OPERATIC SOCIETY TRUSTEES, REPORT The Trustees have pleasure in pre5entin8 their report aml irrfleKnderttly examlned fin•Kial statements for the year ended 315t December 2024. STATUS Stourbrid8e Amateur Operatic Society is a r4tstered tharity (No. 511436) Bthiemed by its constituti. Its address for correspondence is 125 Wicar4e Road, WollastM. Strbridge, West Midlands DY8 4QZ. OBJECTIVES OF THÉ soaErY The objectives of the society art to educate the publk in the dramallc and operi¢ art5. to fUrtr the dwelopm•nt of public appreciation and taste in the Sa arts: to and filrther tharitable tsdtvt1s ar oluitable purposes as the Committee shall frofft tlme to time detemilne. ORGANISATION STRUCTURE The Society is mana8ed by a commlttee of members who are elected at the Aftnual General Meetln8. IrIng the year that committee was as follows: Prof L Davie5 Mrs V Simps Mr D Gregory Mrs A Hou8h Mi55 K Berrin8ton Mr A Chester Iresigned 25th Aprll 20241 No members of the commlttee reeelved remuneratim. Trustees. expensu we detalled in Note S of the acct& REVIEW OF ACTMTIES The results for the year are set (Njt on pe 3. The Yth produc1k of "Le5 Mis&able5" was a he succus both finandally nd criticalty with l(KN tlcket &iles. a first in livin8 mem¢)ry of the s(Klety, resuliin8 in a surplus of £8,034. The ma5n produrtion of Vest Side Story. saw an Increase of 15.7% in tKet sales compared to the 2023 productlon of "Made In Dadenham" This. alon8 with an underspend on budgeted costs. contributed the small surplus of £123. There was a £2.731 surplus on other activities. mainly 8enerated by bartk interest and Gift Aid receipts. resuhir4 In an (Nerall surplus for the year of £10,888. compared with a surplus of £2559 for 2023. The NODA conference in Apr51 brou8ht success for our 2023 Youth productlon of "EverybodVs Talklng About Jamie - Teen Edition. as it won the Re8lon 8 Youth Award. knfe member Bernard Shaw wa5 also presented with a Spedal Rnion Award for hls many years, contributloft to amateur theatre. The society made total tharitable d(Thtlons of £8CM) in the y, split equally between Mary StÈ¥ens Ho¥11 West Midlands Alr Ambulante, DG14HS Charity and AeLYn5 Children's H05plce. The commlttee has seoJred the rights lor 'Anythin8 Goes. for the Ywth seclim in July and "Heljo Lkjlly" lor the main production In October 2025, two traditional shows which it feels wlll be both p(ypular with members and the public. It wlll continue to d(wly scruts'nise costs and ensure the necessary steps are taken to encoura8e the publSc to support its produrtlons. . Chaim)an Mrs E-L arfton Miss B Hemmin85 Mr J Hunt Mrs J Hunt Mrs E Miles - Treasurer . Vlctrcthilrnn POUCY ON RESERVES The Committee has a polky of keepir¢ resefves at a to ¢(wer the net annual cost of pr¢xluctlons. Should reserves fall below this level the committee explores other fundralsh¥ posslbilities to c(w the ShtI•ll. GOVERNAPICE AND INTERNAL CONTROL The Committee artNe reviews the rnaior strategic, business and opefatlonal risks whith the charity faces and conflrnis that it has establlshed systems to mfti8ate the si8nfficant iisks COMMITfEfs RESPONSIBIUTIES The constitution of the Society requires the committee to ensu the keeplng of a tnje actouftt of the Souevs inc<Mne and expenditure and to submit accounts for an independent examtnats'on at least once a year. The committee is responsible lor ensuring that proper minute books, actnts and other relevant are *epL Approved by the committee of mawement and yErd (m behalf of the committee: V SIMP50N Secretary 6th February, 2025
STOURBRIDGE AMATEUR OPERATIC SOCIETY
INDEPENDENT EXAMINER'S REPORT
Number 511436) on the accounts for the year ended 3tst December 2024 set out on pages 3 to
Respectlve responslbllltles of the tntstees and examiner
The tharity's trustees are responsible for the preparation of the accoun The charitvs trustees conslder that an
audit is not requifed for this year under section 144 of the (tharit Act 2011 lthe Charltles Art) and that an
independent examination is needed.
ft Is my responsibility to..
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the Genefal Dlrections gl¥tn by the Charfty Commlsslon (under
section 145{Sl
STOURBRIDGE AMATEUR OPERATIC SOCIErY STATEMENT OF FINANCIAL AcfiviTIES for the Year Ended 3tst l)ecember 2024 Unrestricted Funds Notes 2024 2023 INCOMING RESOURCE5 Incoming Res<wrcos from GertIng Funds Voluntary Income Activilie5 for generating funds Investment Income 3.173 2.182 1.943 3,173 2,182 1,943 2.740 1,762 1,324 Incomlng Re50urrns frtyn tharftable Activltl Produdbon Account 80mi 80.891 64.082 Total Incomlng resources 88.189 69.908 RESOURCES EXPENDED Costs of Generatln8 Funds Costs of generattng voluntary Income FundraIsI Tradin8 Costs 17 207 193 193 Charttabl• Artl¥ftle5 Productlon ACnt Donalions 72,T34 6357 .301 n.301 67,349 Net movement In funds 10,888 10.888 2,559 Totsl Funds brought forward 52.464 52,464 49,905 Totsl Funds Carr1 forw¥d 63.352 63,352 52,464
STOURBRIDGE AMATEUR OPERATIC SOCIErY BALANCE SHEEr As at 31st December 2024 Notes 2024 2023 FIXED ASSErs Tangible Assets 2.777 3.361 CURREKf ASSETS Debtors Cash at Bank and in har S.943 Yd.637 2.469 47.233 49.702 CREDITORS: AMOUNTS FAWPIG DUE WffHIN ONE YEAR NEf CURRENT ASSEfs 60.575 49,103 NET ASSETS 63.352 52.464 FUNDS OF THE CHARrrY Unrestricted Funds 63,352 52.464 These financlal statements were approved by the Cofnmittee of the Sodety on 6th February. 2025 Sned on behalf of all the trustees vi chaIrnn D GREGORY
STOURBRIDGE AMATEUR OPERATIC SOCIErY NOTES TO THE Accoumrs for the Year Ended 31st l)e¢ember 2024 These accounts have been prepared on the basls of historic cost in xc(dae with: . Accountlng and RewtiTrg lry Oharities. Statement of Prxtice ISORP 2005): - Accountin8 Stsndard5; and - The Charities Act ACCOUNllNG pouaES Recognltion ot tncomlD¥ resources These are included in the Statement d Financial ACtMS ISOFA) when: . the charity becomes entrtled to resources. . the trustees are Virtu certain thry will retei¥e the res(MKce5: and . the monetary value can be rneaswed with sufficiurt rejlabllity. Tax Redalms on donatknns and gffts Incomln8 ReICe$ from tax rttlaim5 are Indwled in the SOFA at the sarne time as the 81ft to whlch they relat& Inveslment Income This is included in the a(cnts wtth fecefv•l)le. Uability Rec4gnltS Liabilities are recolsed as soon as there is a leyl or cortsu C(ThMln& the thirhy to pw ihe resource& Tanilble Flxed Assets for by chalty These are capitalized rf they can be used f nxjre than one yw are deweaated to thelr estimed re4dual values the pefiod of thdr estimated economk Il¥v. The rnte wed is IlJ% 5trai8ht line basls. ANALYSIS OF INCOM114G RESOURCES 2024 2023 Voluntary Income Subscriptwis Tax reclaimed under Gift AMI Scheme Donations 1.740 1,401 32 1,590 1,131 3,173 2.740 Hire of Props etc. Sundry Income 870 1,312 755 L762 Invertment Incon 8•nk lrtterest 1.943 I24 1.943 lJ24 Prodvrtlon Account Tlcket Sales Pro8ramrne Sales Pro8famme A<l¥erts Programme Sponsors Sole of Libs Scofes Sundry Income Rehearsal Fee 72,325 1.651 1330 57,361 L341 1.220 355 3.720 4.2(Kl so1 64.082
STOURBRIDGE AMATEUR OPERATIC SOCIETY NOTES TO THE AcCourS lor the Year Ended 31st December 2024 ANALYSIS OF RESOURCES EXPENDED 2024 20Z3 Costs of Genoratlry Vdunt•ry Inc4Y Trustee Expenses 17 Fundratslry Tradln8 Costs Sundry Expen 193 207 193 207 Royalties Hire of Rooms Costumes and proi)ei Scenery, lightln& sound etc Ad¥ertisin& prlfitl etc. Orchestra and mu Printlng prfvdrarnrnes Honoraria Ttckets and nlon Sundry Expenses 13.886 14.419 10.392 14,645 19.085 1,921 9,181 942 8.150 113 L187 16.151 1.427 9,070 765 7.880 140 71734 635? NODA Medals NODA subscrlptlons & merflr Insurance Training Sundry Exptnses Bank Ch•r8es Depredation 414 245 IA49 325 65 230 1,698 75 585 2024 2023 Total antsnt paid 17 N*ure of Expensos Trustees are relmbursed for post44 5tatmry and tephOne costs Incurred beholf of the Society.
STOURBRIDGE AMATEUR OPERATIC SOCIErY NOTES TO THE AccouKrs for the Year Ended 31st December 2024 TANGIBLE FIXED ASSErs Fixtures & Fittlngs Cost as * 1st January 2024 Additions Disposals 10,076 Cost as at 31st Oetember 2024 10,076 Depreciation as at 1st January 2024 CharBe for the Year Disp15 6,715 Depreclatlon as at 3151 Decernber 2024 7299 NBV at 31st D¢c¢mber 2024 2,777 NBV at 31st Oecernber 2023 3,361 OEBTOKS 2024 2023 S.943 2.469 5.943 2.469 CREDITORS: AMOU14TS FAWNG DUE WITHIN ONE YEAR 2024 2023 ACC Expens 599
STOURBRIDGE AMATEUR OPERATIC SOCIETY NOTES TO THE ACCOUNTS for the Year Ended 3tst Deomkn 2024 UNRESTRICIED FUNDS General D¢s*n4ttd TOTAL Tan8ible Fixed Assets Current Assets Current Liabilities 2.7n 59573 1777 IAX17 62.345 63,352 1024 2024 Genernl Fund Designated Fund 51.457 l.(K17 88.189 177301) 62,345 I,(K17 52,464 88.189 (77.301) 63,352 The deslinated fund represents Thunts set a5th respect of edatMal IMKsaries availabl
STOURBRIDGE AMATEUR OPERATIC SOCIEfY PRODucfioN ACCOUNT for the Year Ended 31st December 2024 2024 Youth Les Mis 2024 West Side Story 2023 Youth ETA Jamle 2023 Made In Dagenham INCOME rirket Sales Pro8ramme Sales Programme Adverts Programme Sponsors Sale of Libs and Scores Sundry Income Rehearsal Fee 31A94 40.831 993 720 3S,276 393 4?0 610 85 25S 1,305 i(KJ L670 36367 44524 25.288 EXPENOITURE Royalties Hlre of Rooms Costumes and propertjes Scenery, li8htin& sound et Advertlsin& prlntin8 etc. Orchestra and music Printin8 pro8rammes Honofaria Tlckets and promotlon Sundry Expenses 67 6,029 L678 7.028 759 1,752 385 739 3.619 5.423 1.241 3.241 630 6.773 9.222 172 12.057 1.162 7A29 557 12,910 797 5.426 522 4.380 92 243 3.5 36 1,119 77 28,333 44.401 21.667 42,190 GAINSI{LOSSES) ON PROtAicrioNS 8A134 3.621 {3.396) This pa8e does not fomi part of the Statutory Accounts