Kinver Light Operatic Society
Report and Financial Statements
31 July 2024
Registered Charity No. 513681
Kinver Light Operatic Society
Report and Financial Statements for the year ended 31 July 2024
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 - Oliver | 5 | |
| Production Account - Snow White and the Seven | ||
| Dwarfs | 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 2024
Signed:
M A Taylor, FCCA Address: 122 Bridgnorth Road Wollaston Stourbridge West Midlands DY8 3PB
Date: 03 November 2024
Page 2
Kinver Light Operatic Society
Statement of Financial Activities Year ended 31 July 2024
| 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 2023 Fund balances carried forward 31 July 2024 |
2024 2023 £ £ 1,951 1,225 87,145 70,083 - 17 199 277 - 7 89,295 71,609 5,457 5,036 78,060 73,957 - - 83,517 78,993 5,778 (7,384) 32,012 39,396 £37,790 £32,012 Unrestricted Funds |
2024 2023 £ £ 1,951 1,225 87,145 70,083 - 17 199 277 - 7 89,295 71,609 5,457 5,036 78,060 73,957 - - 83,517 78,993 5,778 (7,384) 32,012 39,396 £37,790 £32,012 Unrestricted Funds |
|---|---|---|
| 71,609 | ||
| 5,036 73,957 - |
||
| 78,993 | ||
| (7,384) 39,396 |
||
| £32,012 |
Page 3
Kinver Light Operatic Society
Income and Expenditure Account Year ended 31 July 2024
| 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 Surplus(Deficit) of Income over Expenditure Surplus/(deficit) in production accounts: Snow White/Jack and the Beanstalk Oliver/Prriscilla Queen of the Desert Concert Loss Surplus(Deficit) on Social Excess of Income over Expenditure( Deficit ) |
2024 £ 1,951 - - 1,951 239 629 455 3,323 - 36 - 424 351 - 5,457 (3,506) 9,880 (795) - 9,085 199 £5,778 |
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) |
Page 4
Kinver Light Operatic Society
Production Account-Main Show Year ended 31 July 2024
| 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 |
Oliver 2024 £ 36,344 582 664 76 1,057 1,724 1,445 976 1,440 80 - 44,388 4,862 7,315 4,389 266 9,340 8,751 6,655 1,543 835 104 319 - 804 45,183 £(795) |
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) |
Page 5
Kinver Light Operatic Society
Production Account-Pantomime Year ended 31 July 2024
| Snow White and the Seven Dwarfs 2024 £ Income: Ticket sales 36,372 Front of House Surpluses: - Confectionery 701 - Ice Cream 528 - Bar 1,191 - Raffle 941 - Refreshments 177 - Programme Sales 517 - Glow sticks 267 Programme adverts & page sponsors 941 Show fee 1,110 DVD - Donations 12 Total income 42,757 Expenditure: Costumes and costumes hire 4,124 Rooms and theatre hire 6,911 Set and props 3,990 Publicity 829 Lighting and sound 9,793 Royalties, licences and scripts 640 Orchestra etc. 3,570 Presentations and Gratuities 1,108 Ticket secretary's expenses 122 DVD 65 PRS 218 Miscellaneous 84 Programme Costs 583 Insurance 840 32,877 Surplus carried to income and expenditure account £9,880 |
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 |
Page 6
Kinver Light Operatic Society
Social account Year ended 31 July 2024
| 2024 £ Surpluses on events: Fish and chips 264 Friday Social Priscilla - Bacon Sandwiches - Summer Ball 2024 126 Snow White Refreshments 155 Total surpluses 545 General expenditure and deficits on events: Manor of Whittington - Rehearsal refreshments 176 Miscellaneous 63 DVD Night 11 Stars 96 Total expenditure 346 Surplus(Deficit) carried to Income and Expenditure A £199 |
2023 £ - 100 126 183 - |
|---|---|
| 409 | |
| 100 32 - - - |
|
| 132 | |
| £277 |
Page 7
Kinver Light Operatic Society
Balance Sheet
| 2024 £ Fixed Assets Ticket system at cost Less: accumulated depreciation Current Assets: National Savings Investment Account 17,980 Bank current account 18,145 Cash in hand - Prepayments 3,700 Debtors 738 40,563 Less: Creditors (2,773) Represented by: Accumulated income and expenditure account: Balance at 1 August 2023 Add: Excess of Income over Expenditure(Deficit) |
2024 £ 17,980 18,145 - 3,700 738 |
2024 £ 350 (350) - 37,790 £37,790 32,012 5,778 £37,790 |
2023 £ 17,980 12,490 - 4,521 140 |
2023 £ 350 (350) |
|---|---|---|---|---|
| - 32,012 |
||||
| 40,563 (2,773) |
35,131 (3,119) |
|||
| £32,012 | ||||
| 39,396 (7,384) |
||||
| £32,012 |
These financial statements were approved by the Committee of the Society on ?04-Nov-24
Signed on behalf of the Committee
Sam Houlston-Dowell Chairperson
Mrs Philippa Hickinbottom Secretary
P I Mills Treasurer
Page 8