**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:
- the keeping of a true account of the Society's income and expenditure
- accounts are submitted for an independent examination at least once a year
- the keeping of a proper Minute book; and
- 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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C o o k
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## **QUARRY BANK MUSICAL THEATRE SOCIETY**
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m a n
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:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act;
- 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