2022-07-31-accounts

Kinver Light Operatic Society

Report and Financial Statements

Sunday, 31 July 2022

Registered Charity No. 513681

Kinver Light Operatic Society

Report and Financial Statements For the year ended 31 July 2022

Contents

	Page
Statement of the Committee’s responsibilities		1
Auditor’s report		2
Statement of financial activities		3
Income and expenditure account		4
Production Account – Sister Act		5
Production Account - Concert		6
Production Account - Dance Class		7
Social Account		8
Balance Sheet		9

Kinver Light Operatic Society

Statement of the Committee’s responsibilities

It is the responsibility of the Committee to ensure:

• the keeping of a true account of the Society’s income and expenditure

• accounts are submitted for an independent audit at least once a year

• the keeping of a proper Minute book; and

• that accounts and other records are kept.

Page 1

Auditor’s Report to the members of Kinver Light Operatic Society

I have examined the financial statements on pages 3 to 8 and confirm that they are in accordance with the books, records and information which have been produced to us by the Society.

In my opinion the balance sheet on page 8 gives a true and fair view of the state of the affairs of the Society at 31 July 2022

Signed:

M A Taylor, FCCA Address: 122 Bridgnorth Road Wollaston Stourbridge West Midlands DY8 3PB

Date:

Page 2

Kinver Light Operatic Society

Statement of Financial Activities Year ended 31 July 2022

Incoming resources: Members' subscriptions Production income Interest income Social committee Donation Total incoming resources Resources expended: Direct charitable expenditure - donations Administration expenses Production expenses Social Committee Total resources expended Net movement of funds Balance brought forward 1 August 2021 Fund balances carried forward 31 July 2022	2022 2021 £ £ 925 1,340 42,863 0 2 128 0 0 0 0 43,790 1,468 0 0 1,513 949 43,730 0 168 233 45,411 1,182 (1,621) 286 41,017 40,731 £39,396 £41,017 Unrestricted Funds	2022 2021 £ £ 925 1,340 42,863 0 2 128 0 0 0 0 43,790 1,468 0 0 1,513 949 43,730 0 168 233 45,411 1,182 (1,621) 286 41,017 40,731 £39,396 £41,017 Unrestricted Funds
		1,468
		0 949 0 233
		1,182
		286 40,731
		£41,017

Page 3

Kinver Light Operatic Society

Income and Expenditure Account Year ended 31 July 2022

Income: Members' subscriptions National savings account interest Donation Total income Expenditure: Secretarial expenses and administration Insurance NODA subscription and badges Scenery and props for general use Charitable donations Storage Training Web site Sundries Total expenditure (Deficit)Surplus (Deficit)/Surplus on production accounts Sister Act - Page 5 Concert Surplus Dance Surplus (Deficit)Surplus on Social events - page 8 Excess of Expenditure over Income for the year	2022 £ 925 2 0 927 7 497 737 0 0 0 0 167 105 1,513 (586) (2,106) 1,197 42 (867) (168) £(1,621)	2021 £ 1,340 128 0
		1,468
		18 509 72 0 100 0 0 112 138
		949
		519 0 0 0
		0 (233)
		£286

Page 4

Kinver Light Operatic Society

Production account - Main Show - Sister Act Year ended 31 July 2022

Sister Act 2022 £ Income: Ticket sales 28,212 Front of House Surpluses: - Confectionery 440 - Ice Cream 525 - Refreshments 124 - Raffle 718 - Bar 1,136 Programme sponsors 1,550 Programme sales 703 Show fee 700 DVD 30 Insurance claim Total income 34,138 Expenditure: Costumes and costumes hire 3,145 Rooms and theatre hire 5,859 Set and props 4,526 Publicity 500 Lighting and sound 8,504 Royalties, licences and scripts 6,546 Orchestra etc. 5,418 Presentations and Gratuities 1,025 Programme 652 Ticket secretary's expenses 62 Miscellaneous 7 DVD 0 Total expenditure 36,244 (Deficit)/ surplus carried to income and expenditure accou £(2,106)	Sister Act 2021 £ -
	0
	0
	£0

Page 5

Kinver Light Operatic Society

Production Account-Concert Year ended 31 July 2022

Income: Ticket sales Front of House Surpluses: - Confectionery - Ice Cream - Bar - Raffle - Refreshments - Programmes - Glow sticks Programme adverts & page sponsors Show fee DVD Sponsor Total income Expenditure: Costumes and costumes hire Rooms and theatre hire Set and props Publicity Lighting and sound PRS Orchestra etc. Presentations and Gratuities Ticket secretary's expenses DVD Programmes Miscellaneous Total expenditure Surplus carried to income and expenditure account	2022 £ 7,836 0 115 0 208 0 0 0 0 0 19 400
	8,578
	0 2,387 323 37 2,797 395 228 1,103 0 0 38 73
	7,381
	£1,197

Page 6

Kinver Light Operatic Society

Production Account-Dance Class Year ended 31 July 2022

Income Fees Expenditure Accommodation Surplus carried to Income and Expenditure a/c	147 105
	£42

Kinver Light Operatic Society

Social account Year ended 31 July 2022

Surpluses on events: Stars in their eyes Fish and chips Rounders Monster bash Hire Race night Summer Ball 2019 Total surpluses General expenditure and deficits on events: KCA subscription Rehearsal refreshments Summer Ball Miscellaneous Zoom Stars Total expenditure (Deficit)Surplus carried to Income and Expenditure Acc	2022 £ 0 0 0 0 0 0 0 0 0 86 82 0 0 168 o £(168)	2021 £ 0 0 0 0 0 0 0
		0
		0 0 173 60
		233
		£(233)

Page 7

Kinver Light Operatic Society

Balance Sheet Sunday, 31 July 2022

		2022	2022	2021
		£	£	£
Fixed Assets
Ticket system at cost			350
Less: accumulated depreciation			(350)
			0
Current Assets:
National Savings Investment	Account	17,963		17,961
Bank current account		20,324		20,004
Cash in hand			0	3
Prepayments		3,617		5,052
Debtors		162		0
		42,066		43,020
Less:
Creditors		(2,670)		(2,003)
			39,396
			£39,396
Represented by:
Accumulated income and expenditure account:
Balance at 1 August 2021			41,017
Add:
Excess of Expenditure over Income for the year			(1,621)
			£39,396
These financial statements were approved by the Committee of the Society
on ?	02-Nov-22

Signed on behalf of the Committee

Mrs Philippa Bishop Chairperson

Mrs Philippa Hickinbottom Secretary P I Mills Treasurer

Page 8

2021 £

350 (350) 0

41,017

£41,017

40,731

286 £41,017

Page 8