Registered Charity Number : 702734
QUARRY BANK MUSICAL THEATRE SOCIETY
Report and Financial Statements
For the Year Ended 31st October
2024
QUARRY BANK MUSICAL THEATRE SOCIETY
Trustees’ Report and Financial Statements
For the Year Ended 31st October 2024
CONTENTS
Statement of the Committee’s responsibilities & Trustees Report – pg 1 Independent Examiners report – pg 2
Receipts and Payments Account – pg 3
General Account – pg 4
Production account – School of Rock and Bugsy Malone – 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
We have had a great year, both in audiences and turnover. In terms of profitability this is our most successful year since 2016 which was largely due to two factors. Firstly, cost control – since this committee took over in the struggling post Covid year we were determined to ensure each show at least breaks even, with social events adding to our profitability to not only grow and secure the future of the society, but to protect the society against a poor selling show.
Thankfully our Adult production of School of Rock was a great success in terms of audience too with our Youth Production, for the first time ever, making a clear profit.
The focus of the Trustees in the future is to ensure that the show choices are good ones in order to ensure the future so that our Youth Members can be the Trustees of the future.
C Cook Chairman 03/08/2024
QUARRY BANK MUSICAL THEATRE SOCIETY
Independent Examiner’s report to members Year ended 31st October 2024
I report on the accounts of Quarry Bank Musical Theatre Society for the year ended 31st October 2024, 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 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.
Kevin Firth
CPFA
QUARRY BANK MUSICAL THEATRE SOCIETY
Receipts and Payments Account Year ended 31st October 2024
Receipts and payments account
Receipts
General Account income Main Production Income Social Income Youth Ticket Income Total receipts
5,699.48 35,915.69 4,424.37 22,076.66 68,116.20
Payments
General Society Costs Main Production Costs Social Costs Youth Production Costs 2023 Youth Production
Total payments
508.74 27,554.14 3,799.00 16,134.91 4,858.26 47,996.79
Excess of receipts over payments
20,119.41
Opening cash funds Closing cash funds Movement in cash funds
7,639.79 9,778.83 2,139.04
Statement of assets and liabilities
Debtors Creditors Fixed Assets Prepayments for FY 23/24 Cash in Bank (31/10/24) Total of assets less liabilities
0.00 4,758.00 900.00 500.00 9,778.83 15,936.83
QUARRY BANK MUSICAL THEATRE SOCIETY
General Account Year ended 31st October 2024
QBMTS 2023/2024 - General Account
| Income | |
|---|---|
| Membership | 5,564.83 |
| Interest | 10.07 |
| Miscellaneous income | 124.58 |
| 5,699.48 | |
| Expenditure | |
| Website | 503.63 |
| Subscriptions | 130.00 |
| Rehearsal Space | 3,772.00 |
| Bank Charges | 130.43 |
| Direct Charitable Donations | 341.00 |
| NODA/BDTG Subs | 457.97 |
| Insurance | 508.74 |
| Net General Account Profit/(Loss) | 5,190.74 |
QUARRY BANK MUSICAL THEATRE SOCIETY
Main Production Account Year ended 31st October 2024 School of Rock/Bugsy Malone
Production Account
2024 School of Rock 2024 Bugsy Malone
Income
Ticket Sales 33,959.75 21,005.42 Front of House Sales (Programmes/Sweets) 1,105.94 311.24 Programme Sponsers 250.00 760.00 Miscellaneous (Insurance/Refunds etc.) 600.00 0.00 35,915.69 22,076.66
Expenditure
| Expenditure | ||
|---|---|---|
| Scenery | 2,181.75 | 3,840.00 |
| Lighting & Effects | 1,640.00 | 1,868.00 |
| Sound | 2,554.12 | 450.00 |
| Crew | 615.00 | 450.00 |
| Venue | 4,200.00 | 60.00 |
| Costumes/Props | 1,557.50 | 1,481.69 |
| Make Up | 800.00 | 400.00 |
| royalties + Scores, Librettos & Orchestra Scores | 2,966.12 | 500.00 |
| Honoraria incl Band | 7,500.00 | 5,810.00 |
| Printing, advertising & Photography | 2,098.38 | 1,058.32 |
| FoH Costs | 1,198.88 | 216.90 |
| Equipment Hire | 242.39 | 0.00 |
| 27,554.14 | 16,134.91 | |
| Net Production Account Profit/(Loss) | 8,361.55 | 5,941.75 |
QUARRY BANK MUSICAL THEATRE SOCIETY
Social Activity Year ended 31st October 2024
Social
Income After Show 289.37 Annual Party 2,172.00 Bowling 717.00 DVD's/DVD Nights 1,246.00 4,424.37 Expenditure 3,799.00 Net Social Account Profit/(Loss) 625.37