## **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