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2022-06-30-accounts

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
1st July 2021 30th June 2022

Section A Reference and administration details

Charity name Macclesfield Amateur Dramatic Society

Other names charity is known by

MADS

Registered charity number (if any) 512929

Charity's principal address The Little Theatre Lord Street Macclesfield, Cheshire Postcode SK11 6SY

Names of the charity trustees who manage the charity

1
2
3
4
5
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Peter Munro Chair
Hans Keith Oldham Vice Chair
Roger Slater Treasurer
Richard Shute Hon. Secretary

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year
As above

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Independent Examiner Marshall Barnard 22 Morton Drive, Sutton, Macclesfield, Cheshire, SK11
0ED

Name of chief executive or names of senior staff members (Optional information)

N/A

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution)

Charitable Society How the charity is constituted

February 2023

1

company)

Trustee selection methods

Elected by the members

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

MADS structure comprises the members, and a Management Committee which consists of the charity’s trustees (the Officers), the heads of the various subcommittees and four ordinary members:-

Details of how MADS is managed, how it recruits its trustees/officers are contained in the current Constitution document which is registered with the Charities Commission.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

“The objects of the society shall be to foster, stimulate and promote the interests, knowledge, understanding and appreciation of the Arts in general and Dramatic Art in particular, among the inhabitants of Macclesfield and surrounding areas within reasonable travelling distance therefrom.”

 To put on plays and productions for the artistic and cultural benefit of the Summary of the main people of Macclesfield, East Cheshire, South Manchester, Derbyshire and activities undertaken for North Staffordshire. These plays are produced and performed by MADS the public benefit in members and also by touring groups. relation to these objects  To allow our Little Theatre to be used by other local dramatic, musical and (include within this performing arts societies and groups so enabling them to put on their section the statutory productions, also for the cultural benefit of the people of Macclesfield and declaration that trustees its environs. have had regard to the guidance issued by the The trustees declare that they have complied with their duty to have due Charity Commission on regard to the commission's public benefit guidance when exercising any public benefit) powers or duties to which the guidance is relevant.

Additional details of objectives and activities (Optional information)

February 2023

2

You may choose to  MADS policy is not to make grants. include further statements,  where relevant, about:

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The following is a brief summary setting out what MADS has achieved this year to carry out its charitable purposes for the public benefit.

MADS 2021-2022 Season Summary

o The total for the season was 52.2%. This figure is significantly down on pre-pandemic levels and we hope that attendance levels will recover as audiences regain their confidence about going out.

 Apart from a reprise of the “Priory Park Horror” jointly with Macclesfield Rugby Club at Halloween 2021, there were no other MADS productions this year.  Off-stage activities and improvements started to pick up again slowly, but with available funds being somewhat limited, significant, noteworthy developments are mainly on hold until 2022-2023, at the earliest.

Table of Nominations and Awards Table of Nominations and Awards Table of Nominations and Awards
**Guild ** Award Who Play Win/Nom
CTG Best Poster Feed the Beast Win
CTG Best Poster Deathtrap Runner-up
Best Supporting
CTG Male Actor Peter Nixon Feed the Beast Win
Best Supporting The Tenant of Wildfell
CTG Female Actor Amy Leech Hall Nom
Best Supporting Suzanne
CTG Female Actor Copeland Feed the Beast Nom
The Tenant of Wildfell
CTG Best Costume Hall Nom

February 2023

3

Section D Achievements andperformance
CTG
Best Lighting and
Sound
The Tenant of Wildfell
Hall
Nom
CTG
Best Lighting and
Sound
Raising Martha
Nom
CTG
Best Stage
Presentation
Murder, Margaret and
Me
Win
CTG
Best Stage
Presentation
Feed the Beast
Nom
CTG
Best Stage
Presentation
Rising Martha
Nom
CTG
Best Properties
Murder, Margaret and
Me
Nom
CTG
Best Properties
Raising Martha
Nom
CTG
Award for
Comedy
Steve
Donnelly
Raising Martha
Nom
CTG
Adjudicator's
Award
The Tenant of Wildfell
Hall
Nom
CTG
Best Male Actor
Richard Shute Deathtrap
Nom
CTG
Best Male Actor
Luke Oldham
The Tenant of Wildfell
Hall
Nom
CTG
Best Male Actor
Andy Cantillon Feed the Beast
Nom
CTG
Best Female
Actor
Francesca
Dykes
Murder, Margaret and
Me
Nom
CTG
Best Director
Luke Oldham
Feed the Beast
Nom
CTG
Best Production
Feed the Beast
Nom

Section E Financial review It is MADS policy to do all in its power not to let its financial balance (reserve Brief statement of the liquidity) fall below £7500. This figure was raised this year from the previous charity’s policy on reserve liquidity level of £5000. reserves Details of any funds N/A materially in deficit

Further financial review details (Optional information)

February 2023

4

MADS financial position can be summarised as follows[1] :-

These cost pressures also resulted in the bank balance falling to an uncomfortably low level of £3758 in April of 2022, although this recovered, due to play and bar income, to £8917 by the Year End. Fortunately, Cash Flow prediction indicates that a further recovery to about £20,000 is expected by spring of 2023, barring further unforeseen pressures, so there is no reason to suppose that MADS cannot remain solvent. Management have agreed that the bank balance safety limit be increased from £5000 to £7500.

2. Balance Sheet

As indicated above, capitalisation of Foyer Upgrade costs (£20145)and Fire Door Automatic Closure installation costs (£4416) increased the Furniture and Fittings Asset Cost and, of course, increased the depreciation costs from just over £13000 to £15603 – an additional cost to the Profit and Loss account. Equipment Asset Value has now fallen, through depreciation, to £2482, which is below the Depreciation rate of £3071 per year – Equipment Asset Value will therefore be zero from next Season, barring further Equipment capitalisations. Current Assets, including Prepayments, exceeded our minimal Current Liabilities (Key Fob Deposits and Accruals), giving a Liquidity value of £17345. Total Assets of £196821 less Liabilities of £1531 gave a MADS Net Worth of £195290. As required by Double Entry Accounting, this figure is exactly balanced by the Reserves (accumulated Profits) less this Years Loss of £10,6400. There was also subtraction from the Reserves of two credit postings which were cancelled this year after this was omitted last year. One was a credit from PPL/PRS of £289.51, cancelled after payment was received. The other was a credit of £30 due from RBS – this was cancelled after payment was refused when RBS rescinded free credit card use for Charities. 3. Other Accounts

The P&L accounts show that all Plays, Events and Lets organised by MADS in 2021/22 made profits totalling £29541. After deduction of Overhead costs (less Non-Recurring Repairs and Maintenance) from Play profits, this became a notional loss of £17294. It should be noted, however, that while Plays are required to carry the Overhead costs, they are not given the benefit of the nonPlay related income, valued at £26519 this Season.

1Information correct as of the MADS AGM held on Thursday July 28th, 2022

February 2023

5

The Bar Account showed a profit of £10891 or 49.41% of gross sales – this is an improvement of about 6% over previous margins and is a good step towards achieving our goal of 55% margin.

MADS Poetry Books have still some way to go to break even, currently showing a loss of £362 over the this and the previous Season. Sales have flagged considerably after the initial surge.

b) Appointment of Independent Examiner

Marshall Barnard, formerly of R Sutton Accountants, Macclesfield, has agreed to act as Independent Examiner for our accounts for this Season. While he has not requested any fee for his services, we have agreed to offer him a pair of Season tickets for 2022/23.

I must take this opportunity to place on record the grateful thanks of MADS to Karen Woodburn, for very efficiently fulfilling the role of Independent Examiner, without reward, during recent years.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Richard Shute Position (eg Secretary, Chair, Hon. Secretary etc) Date 10th February 2023

February 2023

6

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2022

Marshall Barnard 22 Morton Drive Sutton, Macclesfield Cheshire SK11 0ED

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

INDEPENDENT EXAMINER’S REPORT

FOR THE YEAR ENDED 30 JUNE 2022

Report to the Trustees/Members of Macclesfield Amateur Dramatic Society on the accounts for the year ended 30 June 2022, registered charity number 512929, set out on pages 2 – 6. I report to the Trustees on my examination of the accounts for the charity (the Trust) for the year ended 30 June 2022.

Responsibilities and basis for the report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).

I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under Section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect:

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Marshall Barnard 30 November 2022 22 Morton Drive Sutton Macclesfield Cheshire SK11 0ED

Page 1

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

BALANCE SHEET AS AT 30 JUNE 2022

2022 2021
NOTES £ £ £ £
1 FIXED ASSETS
Tangible fixed assets 177,945 168,988
CURRENT ASSETS
Stock 1,495 1,225
2 Debtors and prepayments 8,263 6,045
Bank current account 500 500
Bank deposit account 8,418 31,456
Petty cash and floats 200 200
______ ______
18,876 39,426
Less
CURRENT LIABILITIES
3 Creditors and accruals 1,591 2,164
______ ______
NET CURRENT ASSETS 17,285 37,262
_ _
NET ASSETS 195,230
_
206,250
_
Represented by:
CAPITAL ACCOUNT
As at 1 July 2021 206,250 201,055
Net (loss)/profit for the year (10,700) 5,195
_ _
195,550 206,250
Prior year adjustment (320) -
_ _
As at 30 June 2022 195,230
_
206,250
_

Page 2

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

1
FIXED ASSETS
Cost
As at 1 July 2021
Additions
As at 30 June 2022
Depreciation
As at 1 July 2021
Charge for the year
As at 30 June 2022
Net book values
As at 30 June 2022
As at 30 June 2021
Property
Equipment
Furniture and
Fixtures
£
£
£
86,620
30,712
100,760
-
-
24,560
_____
86,620
30,712
125,320
____
-
25,159
23,945
-
3,071
12,532
_____
-
28,230
36,477
____

86,620
2,482
88,843
__
_
___
86,620
5,553
76,815
_
_
______
Total
£
218,092
24,560
_
242,652
_
49,104
15,603
_
64,707
_
177,945
_
168,988
_
2
DEBTORS AND PREPAYMENTS
Letting fees
Gift Aid
Prepayments season tickets
Prepayments royalties
Prepayments scripts
Prepayments insurance
£
2,200
650
(252)
4,382
647
636
_
8,263
___

Page 3

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

3 CREDITORS

£
Key fob deposit money
245
Accruals:
Energy costs
995
Water rates
106
Bar
107
Photographs
19
Tea/coffee
59
Printing
60
_
1,591

4
BAR ACCOUNT
2022
2021
£
£
£
SALES
22,043
Stock at 1 July 2021
973
1,257
Purchases
11,095
-
Card fees
326
-


12,394
1,257
Less
Stock at 30 June 2022
1,243
11,151
973
___
_______
Bar profit/(loss) for the year
10,892
______
£
-
(284)
_
(284)
___

Page 4

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022

2022 2021
£ £ £ £
PRODUCTION INCOME
Main plays 27,508 -
Studio plays 92 1,415
Gift vouchers 226 30
Programmes 1,092 -
Tea/coffee 499 -
______ ______
29,417 1,445
PRODUCTION COSTS
Main plays 19,001 260
Studio plays 13 -
Gift vouchers 3 -
Programmes 1 -
Donations – TS fees 6 -
Travel 17 19,041 - 260
______ ____
PROFIT ON PRODUCTIONS 10,376 1,185
OTHER INCOME
Members’ subscriptions 2,595 25
Theatre lettings 7,950 21,000
Bar profits 10,892 (284)
SOC and CAT events 584 -
PRS lettings 415 -
Grants and donations 3,723 19,639
Donations TS 52 -
Rent of costumes/props 762 -
Bank interest 2 2
Other income 641 -
Net poetry book sales (703) 340
Amazon Smiles 69 26,982 56 40,778
______ ______
GROSS INCOME C/FWD 37,358 41,963

Page 5

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022

2022 2021
£ £ £ £
GROSS INCOME B/FWD 37,358 41,963
Less
OVERHEADS
Combined energy charges 11,601 2,354
Insurance premiums 7,424 6,680
Ground rent 35 35
Water/waste water 1,092 1,087
Licences 180 518
PRS for lettings 415 -
Subscriptions 121 35
Telephones 981 1,156
Management expenses 1,187 175
Repairs and maintenance 6,214 2,111
Repairs/maintenance – non recurring 1,593 8,209
Cleaning 390 187
Cleaning – lettings 230 860
Club Night costs 319 -
Bank charges 60 -
Data protection fees 35 35
Computer expenses 444 38
Affiliation fees 111 70
COVID protection costs 23 71
Depreciation 15,603 48,058 13,147 36,768
______ ______
NET (LOSS)/PROFIT FOR THE YEAR (10,700)
_____
5,195
_____

Page 6

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2022

Marshall Barnard 22 Morton Drive Sutton, Macclesfield Cheshire SK11 0ED

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

INDEPENDENT EXAMINER’S REPORT

FOR THE YEAR ENDED 30 JUNE 2022

Report to the Trustees/Members of Macclesfield Amateur Dramatic Society on the accounts for the year ended 30 June 2022, registered charity number 512929, set out on pages 2 – 6. I report to the Trustees on my examination of the accounts for the charity (the Trust) for the year ended 30 June 2022.

Responsibilities and basis for the report

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).

I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under Section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect:

I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Marshall Barnard 30 November 2022 22 Morton Drive Sutton Macclesfield Cheshire SK11 0ED

Page 1

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

BALANCE SHEET AS AT 30 JUNE 2022

2022 2021
NOTES £ £ £ £
1 FIXED ASSETS
Tangible fixed assets 177,945 168,988
CURRENT ASSETS
Stock 1,495 1,225
2 Debtors and prepayments 8,263 6,045
Bank current account 500 500
Bank deposit account 8,418 31,456
Petty cash and floats 200 200
______ ______
18,876 39,426
Less
CURRENT LIABILITIES
3 Creditors and accruals 1,591 2,164
______ ______
NET CURRENT ASSETS 17,285 37,262
_ _
NET ASSETS 195,230
_
206,250
_
Represented by:
CAPITAL ACCOUNT
As at 1 July 2021 206,250 201,055
Net (loss)/profit for the year (10,700) 5,195
_ _
195,550 206,250
Prior year adjustment (320) -
_ _
As at 30 June 2022 195,230
_
206,250
_

Page 2

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

1
FIXED ASSETS
Cost
As at 1 July 2021
Additions
As at 30 June 2022
Depreciation
As at 1 July 2021
Charge for the year
As at 30 June 2022
Net book values
As at 30 June 2022
As at 30 June 2021
Property
Equipment
Furniture and
Fixtures
£
£
£
86,620
30,712
100,760
-
-
24,560
_____
86,620
30,712
125,320
____
-
25,159
23,945
-
3,071
12,532
_____
-
28,230
36,477
____

86,620
2,482
88,843
__
_
___
86,620
5,553
76,815
_
_
______
Total
£
218,092
24,560
_
242,652
_
49,104
15,603
_
64,707
_
177,945
_
168,988
_
2
DEBTORS AND PREPAYMENTS
Letting fees
Gift Aid
Prepayments season tickets
Prepayments royalties
Prepayments scripts
Prepayments insurance
£
2,200
650
(252)
4,382
647
636
_
8,263
___

Page 3

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022

3 CREDITORS

£
Key fob deposit money
245
Accruals:
Energy costs
995
Water rates
106
Bar
107
Photographs
19
Tea/coffee
59
Printing
60
_
1,591

4
BAR ACCOUNT
2022
2021
£
£
£
SALES
22,043
Stock at 1 July 2021
973
1,257
Purchases
11,095
-
Card fees
326
-


12,394
1,257
Less
Stock at 30 June 2022
1,243
11,151
973
___
_______
Bar profit/(loss) for the year
10,892
______
£
-
(284)
_
(284)
___

Page 4

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022

2022 2021
£ £ £ £
PRODUCTION INCOME
Main plays 27,508 -
Studio plays 92 1,415
Gift vouchers 226 30
Programmes 1,092 -
Tea/coffee 499 -
______ ______
29,417 1,445
PRODUCTION COSTS
Main plays 19,001 260
Studio plays 13 -
Gift vouchers 3 -
Programmes 1 -
Donations – TS fees 6 -
Travel 17 19,041 - 260
______ ____
PROFIT ON PRODUCTIONS 10,376 1,185
OTHER INCOME
Members’ subscriptions 2,595 25
Theatre lettings 7,950 21,000
Bar profits 10,892 (284)
SOC and CAT events 584 -
PRS lettings 415 -
Grants and donations 3,723 19,639
Donations TS 52 -
Rent of costumes/props 762 -
Bank interest 2 2
Other income 641 -
Net poetry book sales (703) 340
Amazon Smiles 69 26,982 56 40,778
______ ______
GROSS INCOME C/FWD 37,358 41,963

Page 5

MACCLESFIELD AMATEUR DRAMATIC SOCIETY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022

2022 2021
£ £ £ £
GROSS INCOME B/FWD 37,358 41,963
Less
OVERHEADS
Combined energy charges 11,601 2,354
Insurance premiums 7,424 6,680
Ground rent 35 35
Water/waste water 1,092 1,087
Licences 180 518
PRS for lettings 415 -
Subscriptions 121 35
Telephones 981 1,156
Management expenses 1,187 175
Repairs and maintenance 6,214 2,111
Repairs/maintenance – non recurring 1,593 8,209
Cleaning 390 187
Cleaning – lettings 230 860
Club Night costs 319 -
Bank charges 60 -
Data protection fees 35 35
Computer expenses 444 38
Affiliation fees 111 70
COVID protection costs 23 71
Depreciation 15,603 48,058 13,147 36,768
______ ______
NET (LOSS)/PROFIT FOR THE YEAR (10,700)
_____
5,195
_____

Page 6