Registered Charity Number : 702734
QUARRY BANK MUSICAL THEATRE SOCIETY
Report and Financial Statements
For the Year Ended 31st October
2022
QUARRY BANK MUSICAL THEATRE SOCIETY
Trustees’ Report and Financial
Statements For the Year Ended 31st
October 2022
CONTENTS
Statement of the Committee’s responsibilities & Trustees Report – pg
Independent Examiners report – pg 2
Receipts and Payments Account – pg
General Account – pg 4
Production account – Shrek the Musical and Disney’s The Little Mermaid – pg 5
Social Activity – pg 6
QUARRY BANK MUSICAL THEATRE SOCIETY
Statement of the Committee’s responsibilities & Trustees Report
It is the responsibility of the Committee to ensure:
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the keeping of a true account of the Society's income and expenditure
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accounts are submitted for an independent examination at least once a year
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the keeping of a proper Minute book; and
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that accounts and other records are kept.
Trustees Report
Thankfully this accounting year shows the relative great success of both our Adult and Youth Productions. Shrek was our most costly, yet highest grossing musical production ever! A fitting tribute to all of those in the Theatre industry that had struggled through the prior two years. The society goes from strength to strength going into the next financial year, with records continually being broken in not only a financial sense, but also social activity and membership base. Both of our shows have seen numerous awards being taken proving that our Society/Charity has many more years of productions to give.
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03/08/2023
Independent Examiner’s report to members Year ended 31st October 2022
I report on the accounts of Quarry Bank Musical Theatre Society for the year ended 31st October 2022, which are set out on pages 3 to 6.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act;
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and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by
QUARRY BANK MUSICAL THEATRE SOCIETY
the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Iain New man CPFA
Receipts and Payments Account Year ended 31st October 2022
| Receipts and payments account Receipts General Account income Main Production Income Social Income Youth Ticket Income Total receipts Payments General Society Costs Main Production Costs Social Costs Youth Production Costs Total payments |
2021/2022 3,710.68 48,721.94 3,452.71 27,123.84 |
|
|---|---|---|
| 83,009.17 | ||
| 6,727.25 49,129.45 150.00 25,047.28 |
||
| 81,053.98 |
QUARRY BANK MUSICAL THEATRE SOCIETY
| Excess of receipts over payments Opening cash funds Closing cash funds Movement in cash funds Statement of assets and liabilities Debtors Creditors Fixed Assets Prepayments for FY 22/23 Cash in Bank (31/10/22) Total of assets less liabilities |
1,955.19 |
|---|---|
| 1,010.30 2965.49 |
|
| 1,955.19 | |
| 0.00 0.00 3,202.32 2,010.00 2965.49 |
|
| 8,177.81 |
| General Year 31st 2022 |
QBMTS 2021/2022- General Account Income NODA Badges Membership Donations Bank Refunds Equipment Hire/Merchandise Sales Expenditure Digital and General Marketing Website Subscriptions Noda Membership Equipment Purchases Licenses Rehearsal Space Refunds/Bank Error Insurances Bank Charges Sundries BT Phone Line Direct Charitable Donations Correction |
Account ended October 2021/2022 0.00 3675.68 0.00 35.00 0.00 3,710.68 250.00 59.43 38.00 72.00 0.00 0.00 2,702.00 152.65 1,024.74 143.65 0.00 0.00 0.00 -0.22 2,010.00 275.00 6,727.25 -3,016.57 |
|
|---|---|---|---|
| Addams and SOR royalties, costumes, etc | |||
| Internal account transfer | |||
| Net General Account Profit/(Loss) | |||
QUARRY BANK MUSICAL THEATRE SOCIETY
Main Production Account Year ended 31st October 2022 Shrek the Musical/Disney’s The Little Mermaid
| Production Account Income Ticket Sales Front of House Sales (Programmes/Sweets) Programme Sponsors DVD/photos Miscellaneous (Insurance/Refunds etc.) |
2022- ADULT 42,145.57 5,097.13 455.00 0.00 1,024.24 |
2022- YOUTH 24,446.57 515.00 280.00 1,482.27 400.00 |
|---|---|---|
QUARRY BANK MUSICAL THEATRE SOCIETY
| Expenditure Scenery Props Lighting & Effects Sound venue costumes & wigs Make Up royalties + Scores, Librettos & Orchestra Scores orchestra Honoraria Printing, advertising & Photography FoH Costs Net Production Account Profit/(Loss) |
48,721.94 27,123.84 |
|---|---|
| 2,855.75 2,043.00 54.99 0.00 1,400.00 1,150.00 1,750.42 1,711.36 7,165.00 3,672.28 3,880.68 3,456.23 4,974.90 776.28 8,636.61 4,713.79 7,790.00 0.00 5,065.00 5,650.00 1,884.24 1,874.34 3,671.86 0.00 |
|
| 49,129.45 25,047.28 |
|
| -407.51 2,076.56 |
Social Activity Year ended 31st October 2022
| Social Income Dinner Dance Band Call DVD Night Expenditure Dinner Dance |
2021/2022 2,190.00 339.71 923.00 |
|
|---|---|---|
| 3,452.71 | ||
| 150.00 | ||
| 150.00 |
QUARRY BANK MUSICAL THEATRE SOCIETY Net Social Aetount Profitl(Loss) 3,302.71