Kinver Light Operatic Society
Report and Financial Statements
31 July 2023
Registered Charity No. 513681
Kinver Light Operatic Society
Report and Financial Statements for the year ended 31 July 2023
| 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 - Priscilla Queen of the Desert | 5 | |
| Production Account - Jack and the Beanstalk | 6 | |
| Social Account | 7 | |
| Balance Sheet | 8 |
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 2023
Signed:
M A Taylor, FCCA Address: 122 Bridgnorth Road Wollaston Stourbridge West Midlands DY8 3PB
Date: 01 November 2023
Page 2
Kinver Light Operatic Society
Statement of Financial Activities Year endd 31 July 2023
| 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 Fund balances carried forward 31 July |
2023 2022 £ £ 1,225 925 70,083 42,863 17 2 277 - 7 - 71,609 43,790 - - 5,036 1,513 73,957 43,730 - 168 78,993 45,411 (7,384) (1,621) 39,396 41,017 £32,012 £39,396 Unrestricted Funds |
2023 2022 £ £ 1,225 925 70,083 42,863 17 2 277 - 7 - 71,609 43,790 - - 5,036 1,513 73,957 43,730 - 168 78,993 45,411 (7,384) (1,621) 39,396 41,017 £32,012 £39,396 Unrestricted Funds |
|---|---|---|
| 43,790 | ||
| - 1,513 43,730 168 |
||
| 45,411 | ||
| (1,621) 41,017 |
||
| £39,396 |
Page 3
Kinver Light Operatic Society
Income and Expenditure Account Year ended 31 July 2023
| 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 Trophies Total expenditure (Deficit) of Income over Expenditure Surplus/(deficit) in production accounts: Jack and the Beanstalk Priscilla Queen of the Desert/Sister Act Concert Surplus Dance Surplus Surplus(Deficit) on Social Excess of Expenditure over Income |
2023 £ 1,225 17 7 1,249 4 510 368 3,285 - 343 - 137 208 181 5,036 (3,787) 5,700 (9,534) (40) - (3,874) 277 £(7,384) |
2022 £ 925 2 - |
|---|---|---|
| 927 | ||
| 7 497 737 - - - - 167 105 - |
||
| 1,513 | ||
| (586) - (2,106) 1,197 42 |
||
| (867) (168) |
||
| £(1,621) |
Page 4
Kinver Light Operatic Society
Production account - Main Show - Priscilla Queen of the Desert Year ended 31 July 2023
| Year ended 31 July 2023 | ||
|---|---|---|
| Income: Ticket sales Front of House Surpluses: - Confectionery - Ice Cream - Refreshments - Raffle - Bar Programme sponsors Programme sales Show fee DVD Donation Total income Expenditure: Costumes and costumes hire Rooms and theatre hire Set and props Publicity Lighting and sound Royalties, licences and scripts Orchestra etc. Presentations and Gratuities Programme Ticket secretary's expenses Miscellaneous DVD Insurance Total expenditure (Deficit) carried to income and expenditure account |
Priscilla 2023 £ 29,067 353 357 50 894 2,407 390 483 1,300 - 26 35,327 7,732 7,733 4,765 1,106 9,674 5,398 5,200 1,285 455 106 211 370 826 44,861 £(9,534) |
Sister Act 2022 £ 28,212 440 525 124 718 1,136 1,550 703 700 30 - |
| 34,138 | ||
| 3,145 5,859 4,526 500 8,504 6,546 5,418 1,025 652 62 7 - - |
||
| 36,244 | ||
| £(2,106) |
Page 5
Kinver Light Operatic Society
Production account - Pantomime - Jack and the Beanstalk Year ended 31 July 2023
| Income: Ticket sales Front of House Surpluses: - Confectionery - Ice Cream - Bar - Raffle - Refreshments - Programme Sales - Glow sticks Programme adverts & page sponsors Show fee DVD Donations Total income Expenditure: Costumes and costumes hire Rooms and theatre hire Set and props Publicity Lighting and sound Royalties, licences and scripts Orchestra etc. Presentations and Gratuities Ticket secretary's expenses DVD PRS Miscellaneous Programme Costs Insurance Surplus carried to income and expenditure account |
Jack and the Beanstalk 2023 £ 29,722 796 332 1,347 612 - 455 277 695 520 - - 34,756 2,953 5,983 3,737 160 9,194 575 3,500 1,124 72 20 178 214 455 891 29,056 £5,700 |
Cinderella 2020 £ 26,877 527 977 217 763 72 272 276 240 580 1 - |
|---|---|---|
| 30,802 | ||
| 3,380 5,021 1,360 430 6,191 520 2,003 1,595 277 - 323 116 - - |
||
| 21,216 | ||
| £9,586 |
Page 6
Kinver Light Operatic Society
Social account Year ended 31 July 2023
| Surpluses on events: Stars in their eyes Fish and chips Friday Social Priscilla Bacon Sandwiches Hire Race night Summer Ball 2023 Total surpluses General expenditure and deficits on events: Manor of Whittington Rehearsal refreshments Summer Ball Miscellaneous Zoom Stars Total expenditure Surplus(Deficit) carried to Income and Expenditure Account |
2023 £ - - 100 126 - - 183 409 100 32 - - - - 132 £277 |
2022 £ - - - - - - - |
|---|---|---|
| - | ||
| - - 86 82 - - |
||
| 168 | ||
| £(168) |
Page 7
Kinver Light Operatic Society
Balance Sheet 31 July 2023
| Balance Sheet 31 July 2023 |
||||
|---|---|---|---|---|
| 2023 £ Fixed Assets Ticket system at cost Less: accumulated depreciation Current Assets: National Savings Investment Account 17,980 Bank current account 12,490 Cash in hand - Prepayments 4,521 Debtors 140 35,131 Less: Creditors (3,119) Represented by: Accumulated income and expenditure account: Balance at 31 August Add: Excess of Expenditure over Income for the Year |
2023 £ 17,980 12,490 - 4,521 140 |
2023 £ 350 (350) - 32,012 £32,012 39,396 (7,384) £32,012 |
2022 £ 17,963 20,324 - 3,617 162 |
2022 £ 350 (350) |
| - 39,396 |
||||
| 35,131 (3,119) |
42,066 (2,670) |
|||
| £39,396 | ||||
| 41,017 (1,621) |
||||
| £39,396 |
These financial statements were approved by the Committee of the Society on ?15th November 2023
Signed on behalf of the Committee
Sam Houlston-Dowell Chairperson
Mrs Philippa Hickinbottom Secretary
P I Mills Treasurer
Page 8