EST.
1940
PRODUCTIONS
IAfflI1￿gd toth• Natk*nal Op•Mth DrnmatloA••ocl•tlon
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR YEAR ENDED
31 MARCH 2021

CONTENTS
Le8al andAdmlnt5tratlve Detslls
Management Comrnittee'5Report
Statement of Management Ccthmlttee's Ae¥bJnsibiSi*es
INleperMtent Examln*s Report
Co¥ld 19 Statement
Oyrnting Statement
BJlanoSheet
Notestothe ACco￿ts
Page: 2

(Iffi￿ totheNaltyIOp￿•rI Dr4Th1rAxrKSJSJnl
LEGAL AND ADMINISTRATIVE DEfAILS
Theoperthofthe*ietyiscurrenltygrwneO by￿e￿r￿¥t￿tion approved3t￿ kneVsAnnualGer*ral
I cffl IlrtJ4ne 1993. The purpjse cl the Scoety Isto edut* the in the dmatic aThJ oper3tk
tytoffvthedevekynentof wMtaPW•tion3Trdtsste in the saidart4 a￿dt0 assistandfurthv9Jch
chartkblt Or￿tutIOnS affld tharttsbje wrpx&TheSwaety 15 recwi5edas a th• bytheScotti5h Charibes
01fft4 IILThberSC0131
Commlttee Members
5ochty (YfK•
Ind•p•tht Eumlner
Bank•rs
kofknlland
Upperlhtrlate Dran¢h
terthen
lyl Ath5er
Page., 3

PAQDUCTb¢ti*
bth&NalhTd
MANAGEMENT COMMITtEE'S REPORT
AOC Produrtions were well underway the prc<ess ¢rfpreparingto perfom) Guys oftd Do115
In 2020 a5 well as plannlng a concert to ￿￿ebrate the 80th anniversary of the Company.
Unfortunately, all aCti￿ty was cancelled due to the COVID-19 outbreak and all tickets 5ale5
were refunded to tFh)5e who had already purchased In 8￿d faith, ahead of the planned June
2020 pErforMan￿. Iniliallythiswas rescheduled to 2021, howwerhad to be latercancelled
dueto uncertalnty Over1￿ duration of pan(kmlcrestrirtMMs.
The Compary kept erwa8ement through weekfy online qulzze5, onllne show scrlpt read
thr￿Jgh5 aNI the prodLKlion of a ￿rtUal thoir perfOrma￿e of a °Peoce und Love Medle¢;
which was then iele
UEh ￿31 medla at CMstma5. A huge thank you 8oe5
to
nd Rlght Here Prodwtlons for o￿anis￿nI and edltlng
the video.
We were also saddened to leam of the rosslnE
was a stalwart of the
Company formany years bothon stl8e and in her SUPPDrt forthe Company In her lateryears.
will be sorely rrlssed. The Committee asked the permlssk)n farnilyto create an
award In her honour to be awarded each year to a Company member whocan demonstrate
Sklrlt In the way theycondwtthem5elve
A challenOry year for all In the arts, and Atx Produdlons wlll enl(ry a retum to rehearslng
and pertormln£ In person as 500n as restrfctlons allow.
Pag8:4

PAot*VCTION
STATEMENT OF MANAGEMENT COMMITfEE'S RESPONSIBILITIES
The Compary Law Refomi Imiscellarthus Provisior61 Iscodandl Att 1990 reqLNres the
Management Commltteeto preparefinanclal statements fore7Kh financial year which give a
true and fair view of the state of affairs of the AOC Productions (the "Companfl as at the
end of the financial year and of the surplus or (kficlt of the Compary for that peilod. In
preparfwthose flnancial ststements, thÈ Managernent Committee are required to;
5electsuitable accounlnR pollcks and applythem conslstent
makEjudgernents and e51imatesthat are reasonatle and prudent
prepare flnanoal ststements onthe going concem basi5 unles5 it 15 liketythat the
Qjmpany is not able to realise its assets orsettle itsfinanclal liabl1￿esastheY fall due.
The Management Commtttee ts responsitrde keep1￿ proper a¢countlng records whlch
dlsd05e with reasonakle accuracy atany tltne, of the financial posltlon of the Compary, and
whlch enables It to ensure that the financial slatements comply wth the Charitles Accourts
(knilandl Regulations 1992. The ￿C￿ntIng records comprSse,' all financial IransacU(ms of
monies recefved and expended bythe Company, the rTratters In respect ￿Wh1th the reolpl
andexpenditure relateto andtransartiMsaffectiw theas5ets and Ilabilitie5 ofthecompary,
The Management Commlttee L$ abo re5ponsitle for safeguardng the assets of the Company
and hence for taklng reasonable steps for thè weventlon and detertion of fraud and other
Irregularities,
Page.. 5

PRC*DUCTIONS
INDEPENDENT EXAMINER'S REPORT
TOTHE MEMBERSOF THE
AeERDEEN OPERACOMPANY PRODUCTIONS
I report on the fiianaal ststements and related notes, for the yearended 31 March 2021 set
Olrton pages 8 to 12.
As described on page S, the Company's Management Committee is responsib￿ for the
prepar4ts.on of the financial statements and related noles. It15 my Te5pon5itNlity to carry out
procedures deS￿ned to enable me to report rrty oplnlon.
My procèdure5 con515ted ofcomparln8 the accounts withthe accountlng records kept ￿the
c(￿PanY and maklng such lIm￿ed enqu1￿5 of the Management Committee ol the Compary
85 I c(￿51dered necessarytoeTrable mèto provide myopinlon In thi5 report.These pr￿d￿reS
only provide the assuran￿5 wres5ed in my opinion. These P￿￿edureS do Mt constitute an
audit but take the fomi of a rvlew only. Accordinaty, I do not express an a￿1r( opinion wllh
ard to the financial staternents aThJ related notes for the year ended 31 March 2021.
Therefore, my report doe5 not provlde atry a55urance5 that the accountlng records and the
￿n￿claI 5tstsments are free from material misstatement.
In myopinlon the ￿lance Sheet, Operating Statemert aThJ related notes have been prq)er
prepared from the record5 ofthe compary and are in a8reementtherewlth and compty wSth
the Charittes Accounts (Scotlandl Regulalons 1992. and the CompanV5 corstitulion. I drdw
attention tothe COVIL>19statementaccompanying these financial statements, on page 7, as
p￿pared ￿the Independent Examiner
Date:
Page: 6

COVID-19 STATEMENT
The COWD.19 pandern￿ developed rdpId￿ in 2020 and tecause of the p￿uMOn5 and
measures tr￿n by the health athhorities In conjunctTon ¥￿th the kottish Parllatmt, t
pact on thescotbsh population wascontsined as much as possible. The resulting impact of
Ihe virus on the activilies of Ihe P￿lU￿10nS (the 'Comparfl has caused a material
negative affect dutirva thefnandal year ￿ded 31 Maich 2021.
The Company has Incurred a complete ce5satlon in the Serv1￿ It ofvs as a clbarftyand thi5
hastontributed to a finarKlal Impairment in its accounts lor yearended 31 Marth 2021.
Because of the strength of the CompHnyts bank bala￿e and the deterMIna￿on, (kdication,
and support of those Involved with the charrty there is no material untertsinty that
may cast *nificant dwbt upon the Company's abllltyto C￿nue as a 8dn8 concern.
There are M events or condlllon5 arf51ni that may cast sigrificant doubt upM whether the
Compary will reilise its assets or settle Its liatiiitles In the ordlnary course of buslness at the
amounts recorded kn the financial Statements.
Based on the clrcumstsnces desulbed abo¥E. the linancial statements are prepaRd on the
basis thatthe Company is a Gc4n8 Concem.
P8g8: 7

ppr*DIS¢TIONb
ABERDEEN OPERA COMPA14Y PRODUCTIONS
OPERAnN6 STATEMENr
For12 monthsended 11 Mavch 21Ql Iye¥kn5￿3I Marth l)Xll
Sppnsorg toThtributiDn5lrelunWrtteipts
riCket1￿[W￿ls11rQC•pts
m￿￿r$,5￿5￿ipknn$
fvnd raisi￿a¢￿*bel
muchntse&Proy￿s (refL￿ded￿re¢Q￿ts
58,191
155
1056
14.W)
1.697
75

•koDucTIOWS
ABERDEEN OPERA COMPANY PRODucfioNS
BPIAIKESHEEr
as•t31 Marth 2021lyev1om￿r3I Matth
Cash In bank
Debtors
Totsl(unent•mts
57,452
$6,649
1,196
52
CUknENfuABllmES
Totsl(uThentlknbllltt•i
NETCURRENTASSETS
57,452
Funded by.
RESERVES
OpeNn8 Resenw
DEffi0ttran￿er￿dfr￿nc￿ra1Ifig
Stslement
57,845
13931
IL9811
Date: tsL2024
Page: 9

•*DDUCTIOM5
NOTES TO THE HNANaAL STATEMENTS
L A￿￿tIr￿Po￿l
Th? financial statements are prepared in accordance wlth applicable accoun￿￿8
stsndards. The partIculara￿Ounllng polic￿ adopted are described ￿lfA¥.
The financlal statements are prepared Under1￿ hlstorkal aist convenlion.
Dwreclutlop oftonalbkfvedossets
ljeprecldtion is provided on all fixed assets ata Rteof 25%straight Ilne.
2. C•th tn tsnk
Cash heldln bank
57,452
56.649
nk totsl
57A52
5&649
Cash hdd In the bank acc(￿ntI$ wlth a AQA related tOUnte￿arty. The Cornpary holds Its
Ilquid funds in a busI￿sS current account. The Compary does ￿t operate an interest.
bearingdepo￿t1ccCUIt ftylts surplus cash.
3. D•btorJ
Tradedebiors
L196
C*btorstotsl
Ll96
A trade debt falling due In the year ended 31 Marth 2020 but uncollected at that date,
has been written back agairLSt Sponsorf5 Contribjtions in the cuirent year. Due to the
covld pandemicthls debt wa5 uncollectable duringthe yearended31 Maich 2021.
Pag8:10

PAODlbC71011S
NOTES TO THE FINANCIAL STATEMENTS {Continuedl
4. Fun& R¢¢¢Pnd
The covid wndemic resubted in a complete ￿sSatIon of OFeratiOn5 for the Company In
the yearerKled 31 March 2021.5ome monies receSved in 2020forevents (k*to bestaged
in 2021 were refunded.
The Cornpanyhad nosOUr￿ of Tevenuedurlngthe Èntlrety of yearernled31 March 2021.
Thetrtal amount refLmded in the year amounted to£3,14412020 £64525 ￿7ved)
Prcduthonc05ts repTesentthosecost5 IrKurredtoprepareforandexecute mu51calevents
durlngthe year.Thesecosts can include, but are not limitedto, item5 such as: wardrobe5,
0Stume5, sound system4 hlre of venues, acqulTlng muslcal scffes, refre5hmentS, C05ts
to produce wogrammes and mettharrflise, video productlons, technlclarb.
The coyldpanden￿c resulted IDtheCompany bdng unable, bylaw,to prowde any musital
service5 duringthe year.
Some pr￿lurt1(¥j related tosts were unavo1dab￿3nd in￿ltablY incurredfoi prewanned
prcductions, as follows:
Sh￿k
AOCP &JhAnri¥otsary ball,
G￿5 & Ddl$lfan￿lledI
Hire of rehearsa5 hal
GeneTal- unallocated
L278
511
541
38
3078
Totalfothdprovldlw Prnduthnslnth•
he Carnpww celebratEd it58rth ann￿[sary ￿r8 2020 Ir￿(￿an￿ld an Annwsdy Oal th
rte¥Ènt
PagB: 11

P*OOUCTIOMS
NOTES TO THE FINANCIAL STATEMENTS (Continued)
& Athnln15tratknCos15
inistrntio
14,8071
L697
Admlni8tratron costjtotsl
L697
Duringtheyearended31 Marth 20211 su¢xe55hd insurancedalm resulted ina cashcredlt
of £6,302.25 belng recelved lrto tts bank acts)unt. The claim was against damages
sustalned by the Company in the year arlslng fromthe effect of the cov1￿19 pandem14
and Mt bwng ableto provideany muslcal em￿rIenceS.
7. Rd•tsd PatyTTrnsaths
Therewere no related partytTansactionsduringtheyearended 31 fvlarch 2021131 March
20ZO £0)
Page:12