## **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