Charity Number: 513769 West Kirby Musical Theatre Company Annual Report and Financial Statements For The Year Ended 31stJuly 2024
West Kirby Musical Theatre Company Contents Page For The Year Ended 31st July 2024 Reference and Administratlve Details Tru5tees' Report 3to4 Independent Examiner's Report Statement of Trustees, Responsibilities Statement of Financial Activities Balance Sheet Notes to Financial Statements 9tolO Detailed Statement of Flnancial Activities 11 Pa8e I
West Kirby Musical Theatre Company Reference and Administrative Details For The Year Ended 31st July 2024 Chairman John Christopher Phipps Trustees Fiona Philpott Wendy Chapman Nick Hawswell Gerry Johnston Katriina Youde John Christopher Plipps Secretary Michael Ellis Charity Registration Number 513769 Prlnclpal Address 28 Forest Road Meols Wirral CH47 6AX Independent Examiners Wainwrights Limited Faversham House Wirral International Business Park Old Hall Road Bromborough Wirral CH62 3NX Page 2
West Kirby Musical Theatre Company Trustee's Report For The Year Ended 31st July 2024 The trustees have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31st July 2024. Objectives and activities Objertives and Aims The Society was founded in 1950 and these are its objectives as laid down in the current version of its consitution The objettive of the Society is to educate the public in the dramatic and operatic arts, to further the development of the public appreciation and taste in the said arts, to assit and further such charitable institutions and charitable purposes as the Committee hasll from time to time detemine; and in furtherance of this object but not otherwise the Society through its General Comrnittee shal have the following powers a) To promote plays, drama. comedies, operas, operettas and other dramatic and operatic works of educative value bl To purchase, acquire and obtain interests in the copyright of or the right to perform or show any such dramatic operatic works c) To purchase or otherwise acquire plant, machinery. furniture. fixtures, fittings, scenery and all other necessary effects d) To raise fund5 and invite and receTve contributions from any person or persons whatsoever by way of subscriptions, donation or otherwise: provided that the Society shal not undertake any To do all such other things as shall furtherthe objects of the Society Particaly speaking this means performing musicals annually or biennially in local theatres and presenting concerts to raise the funds to perform those musicals Reveiw of 2021122 season Following a break from March 2020 due to Covid pandemic, the Society reconvened in August 2021 for a seried of vocal warm-up evenings, before regular weekly rehearsals started again, in preparation for a Christrnas Concert in December 2021 at Heswall Hall. Rehearsals started in January 2022 in preparation for our June production of the musicak 'Chess'. On February 24th Russia invaded Ukraine and there was unease amongst some of our members about a musical dealing with the cold ware. and members playing aggressive Russian Characters. The dirctor resigned for similar reasons and it was decided to concel the production completely. There was no charge frin tge theatre and the rights holders refunded our deposit, so our financial exposure wa5 limited to rehearsal costs. Instead, it was decided to put together a cencert in the week we would have been performtn8 and this successfully raised funds towards our planned November muslcal ' A Christmas Carol. The Company invested in a new digital piano to replace our previous keyboard wich had done over 12 years faithful service. The Company continues to be in a strong inancial position - with membership of over 50. We could do with having more younger male members, but this is true for most musical theatre groups. All Trustees agreed to continue serving for the whole season, so there were no changes to the make-up of the Company Trustees. Page 3
West Kirby Musical Theatre Company Trustee's Report For The Year Ended 31st July 2024 Structure. governance and management Nature of governlng document The chariy is managed and governed by the Management Committee consisting of Chair, Secretary, Treasurer and 4 other members appointed at the Annual General Meetsng of the Society. The annua was approved by the trustees of the charity on .. . and signed on its behalf by: John Christopher Phipps Chairman and trustee Page 4
West Kirby Musical Theatre Company Independent Examiners Report to the trustees For The Year Ended 31st July 2024 I report to the trustees on my examination of the accounts of West Kirby Muscial Theatre Companv for the year ended 31 July 2024. Responsibilltles and ba$5s of report As the charity turstees of West Kirby Musical Theatre Company you are responsible for the preparation of the accounts in accordance with requirements of the Charites Act 20111the Act,). I report in respect of my examination of the West Kirby Musical Theatre Company's accounts carried out under section 145 of the 2011 Act and in carryin8 Out my examination I have follwed all the applicaable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confrim that no material matters have come to my attention in connection with the examination giving me cause to belive that in any material respect: l. accounting records were not kept in respect of West Kirby Musical Theatre Company as required by section 130 of the Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come accress no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the account to be reached. Wainwrights Limited Faversham House Wirral International Business Park Old Hall Road Bromborough Wirral CH62 3NX Zc Page 5
West Kirby Musical Theatre Company Statement of Trustees, Responsibilities For The Year Ended 31st July 2024 The trustees are responsible for preparing the trustees. report and the financial statements in accordance with the United Kingdom Accounting Standard (United Kingdon Generally Accepted Accounting Practi) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and pplication of resources of the charty for that period. In preparing these financial statements, the trustess are required to: select suitable accounting policies and the apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimated that are reasonable prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper acocuntin8 records that disclose wtth reasonabke accuracy at any time the financial postion of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. the Charities (Accounts and Reports_ Regulations 2(K18, and the provisions of the con5tituion. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps fof the prevention and detection of fraud and other irregularities. The trustess are responsible for the mainteance and intergirty of the corporate and financial information inlcluded on the charitbale company's website. Legislation governing and prepafation and dissemination of financial statements may differ from legislation in other jurisdictions. yth IIIMIIPZ," "" ~" . and signed on its behalf bv: John Christopher Phipps Chairman and trustee Page 6
West Kirby Musical Theatre Company Statement of Financial Activities For The Year Ended 31st July 2024 Unrestrirted Funds Total 2024 Income and endowments from: Donations and Legacies Other trading activities Total income 8,417 24,291 32,708 8,417 24,291 32.708 Expenditure on: Raisbng funds Charitable Activities Total expendlture 36,096 36,096 36.096 36.096 Net in¢ome/expenditure (3.388) 13.388) Reconciliatlon of funds Total funds brought forward Total funds carrled forward 21,262 17,874 21,262 17,874 Unrestrlcted Funds Total 2023 Income and endowments from: Donations and Legacies Other trading activities Total 7,205 23,717 30.922 7,205 23,717 30,922 Expenditure on: Raising funds Charitable Activities Total 31,764 3,892 35,656 31,764 3,892 35,656 Net income/expenditure (4,734) (4.734) Recondllatlon of funds Total funds brought forward Total funds carried forward 25.996 21,262 25.996 21,262 Pa8e 7
West Kirby Muscial Theatre Company Statement of Financial Position For The Year Ended 31st July 2024 2024 2023 Notes Fixed asset5 Tanglible addets 834 1,113 Currents Assets Debtors Cash at bank and in hand 10 11 3,580 15,217 18.797 2,674 17,475 20,149 Net current assets 19,631 21,262 Unrestricted funds Total Funds 12 19,631 19.631 21,262 21.262 The financial statements were approved by the trustess, and authorised for issue on . And signed on their behalf by: John Christopher Phipps Chairman and trustee Page 8
West Kirby Muscial Theatre Company Notes to the Financial Statements For The Year Ended 31st July 2024 l Fixed A55ets Cost As at 1st Alsgust 2023 1.833 DepreclatSon As at 1st August 2023 Provided during the Year 720 279 999 Net Book Value As at 31st July 2024 834 As at 31st July 2023 1,113 2 Debtors: amounts due in one year 2024 2023 Prepayments 3,580 3,580 2,674 2,674 3 Cash and sh equlvalent5 2024 2023 Cash at bank 15,217 15,217 17,475 17,475 Pa8e 9
West Kirby Muscial Theatre Company Notes to the Financial Statements {continued) For The Year Ended 31st July 2024 5 Movement Sn Funds Current Year Balance at Incoming Outgoing Balance at 0110812023 Resources Resources 3110712024 Unrestricted 21,262 32,708 34,339 19,631 21.262 32.708 34.339 19,631 Prevlous Year Balance at Incoming Outgoing Balance at 0110812022 Resources Resources 3110712023 Unrestricted 25,996 30,922 35,656 21,262 25,996 30.922 - 35,656 21,262 Page 10
West Kirby Muscial Theatre Company Detailed Statement of Financial Activities For The Year Ended 31st July 2024 Total 2024 TOL11 2023 Incoming Resources A Christmas Carol November 2022 This is the Moment April 2023 Betty Blue Eyes Novernber 2023 Beauty & The Beast November 2024 Christmas concerts Summer concerts Playing subscriptions Non-playing subscriptions Post office deposits Rehearsal collections NODA FOWK Quiz Sponsored walk Dontation and grants Other Social Committee donations GiftAid 17,9 5.430 14,823 195 1,534 6,566 6.814 165 49 4,921 iio 826 170 294 230 278 15 1.145 1,095 32.708 30,922 Expenditure A Christmas Carol November 2022 This is the Moment April 2023 Betty Blue Eyes November 2023 Major concert Other shows Christmas MD Expenses Equipment Pianist Rehearsal Hall Hire Photocopying Website Gifts Depreciation NODA Insurance Refunds 21.158 2,823 2,823 18.809 2.969 434 125 2,503 113 3,650 3.790 2.513 92 3CKI 92 51Y) 371 190 339 43 279 S(K) 583 219 34.339 38.479 Net Surplus I (Defftit) for the Year Page 11 11.631) (7.557)