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2024-12-31-accounts

APPENDIX 1

Trustees’ Annual Report for the period Period start date Period end date Day Month Year Day Month Year From To 01 01 24 31 12 24 Office of the Scottish Charity Regulator

Reference and administration details

Charity name Glasgow Light Opera Club Other names charity is known GLOC by Registered charity number SC 043791

Charity’s principal address 2/2 17 Rosebery Terrace Glasgow

Postcode G5 0AU

Names of the charity trustees on date of approval of Trustees’ Annual Report

Name of person
(or body) entitled to
appoint trustee (if any)
Dates acted if
not for whole year
Trustee name Office (if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
President
Vice President
Treasurer
Secretary
Committee Member
Committee Member
Committee Member
Committee Member
Committee Member
Committee Member
Committee Member 20.02.24 - 31.12.24

1

APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name Name Dates acted if not for whole year
Talia Maysey 010124 - 200224
.. ..
Structure, governance and management
Type of governing document
Trustee recruitment and appointment
The Glasgow Light Opera Club (GLOC) has been in operation

since 1908 and is governed by its Constitution.
GLOC was recognised as a charity in 2013.
The membership elect a managing committee at the Annual
General Meeting (AGM).
The Trustees consist of the office bearers (President Vice
,
President, Treasurer and Secretary) and committee members.
Any member of GLOC can be elected to the committee and
can be elected as an office bearer.
Trustees are appointed at the AGM.
Objectives and activities
Charitable purposes
Summary of the main activities
in relation to these objects
The advancement of the arts heritae culture or science The
, g, .
provision of recreational facilities, or the organisation of
recreational activities with the objective of improving the
conditions of life for the persons for who the facilities or
actiities are primarily intended.
The main activit of the club is rehearsal of a musical
y
production and the production of the show to public audiences.
This cumulates in an annual show performanced at a main
theatre in Glasgow City Centre for one week, usually around
October/November time. During the year, GLOC also
organises fundraising events to promote the club, whilst raising
funds for the annualproduction.

2

APPENDIX 1

Achievements and performance

Summary of the main achievements of GLOC put on six performances of Footloose to public the charity during the financial period audiences from the 5th to 9th November 2024, taking place at the King's Theatre, Glasgow. During 2024, GLOC organised two fundraising events to provide additional funds for the club as well as several social gatherings for its members. The club made a profit of circa £24k on this year's production of Footloose, which will be used towards the club's funds for the upcoming 2025 production. This is not relfected in this year's accounts due to a significant payment being made in relation to ticket sales following the end of the financial period.

Financial review
Brief statement of the charity’s policy
on reserves
Details of any deficit
Donated facilities and services (if any)
Reserves are held to fund the rehearsal sace and costs
p
associated with the following year's production.
The deficit for the FY24 period is due to not receiving a

significant ticket sales payment from the theatre prior to the
year end. Given the club relies on ticket sales as it's main
source of income, this has resulted in a deficit for the year,
despite making a profit overall from this year's production.
Wardrobe services were provided by one of the committee members on a

voluntary basis. Costumes and props were made inhouse to reduce the
wardrobe costs for the production.
Life members of GLOC also contributed to tasks such as photography and
props assistance during show week.

3

APPENDIX 1

Other optional information

Declaration

The trustees declare that they have approved the trustees’ report above.

----- Start of picture text -----
Signed on behalf of the charity’s trustees
Signature(s)
OSCR will accept
digital or typed
signatures
Full name(s)
Position (e.g. Chair)
Date
30 June 2025
30 June 2025
----- End of picture text -----

Signed on behalf of the charity’s trustees

4

Enter SC No. below SC 043791

Enter charity name below

SC
04379
Receipts andpayments accounts
For the period
from
Period sta rt date Period end date
Day Month Year to Day Mon th Year
24
01 01 24 31 12
Section A Statement of receipts and payments
A1 Receipts Unrestricted
funds
to nearest £
10,000
2,463
39,056
Restricted
funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total funds
current period
to nearest £
Total funds last
period
to nearest £
Donations -
Legacies -
10,000
-
Grants -
Receipts from fundraisingactivities -
2,463
1,489
Gross tradingreceipts -
Income from investments other than
land and buildings
-
Rents from land & buildings -
Gross receipts from other charitable
activities
-
39,056
151,215
-
A1 Sub total
-
51,519
- - - -
51,519
-
152,704
A2 Receipts from asset &
investment sales

-
-


-
-
70,975
69,901
1,074
-
-
-
-
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments - -
A2 Sub total - - -
Total receipts
A3 Payments
- -
- - -
Expenses for fundraising activities -
Gross trading payments -
Investment management costs -
Payments relating directly to charitable
activities
-
69,901
110,229
Grants and donations -
1,074
-
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
Other -
-
A3 Sub total - - - -
70,975
-
110,229
A4 Payments relating to asset and
investment movements
Purchases of fixed assets -
Purchase of investments -
A4 Sub total - - - - -
Total payments
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year
-
70,795
- - - -
70,975
-
110,229
-
(19,456)
- - - -
(19,456)
-
42,475
-
-
(19,456)
- - - -
(19,456)
-
42,475

SC 043791

APPENDIX 2

Section B Statement of balances

Categories
Signed by one or two trustees
on behalf of all the trustees
B5 Contingent liabilities
B4 Liabilities
B1 Cash funds
B2 Investments
B3 Other assets
Details Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
Cash and bank balances at start of year 60,247
(19,456)
-
60,247
17,772
Surplus / (deficit) shown on receipts and
payments account
-
(19,45
42,475
-
-
Cash and bank balances at end of year
(Agree balances with receipts and payments
account(s))
Details
-
40,791
- - - -
40,791
-
60,247
-
-

-
Fund to which

-
asset belongs

-

-
Market valuation
to nearest £
Last year
to nearest £
Details Fund to which asset belongs Total
Cost (if available)
to nearest £
-
-
Current value (if
available)
to nearest £
Last year
to nearest £
Details Total
-
Fund to which liability relates
-
-

-
Amount due
to nearest £
Last year
to nearest £
Details Total
Fund to which liability relates
- -
Amount due
(estimate)
to nearest £
Last year
to nearest £
Signature* Total
Print Name
-
-
Date of
approval
30/6/25
30/6/25

2013-04-02 Copy of Trustees AR Ap2 excel.xls / Statement of balances

December 2007

2

APPENDIX 2

SC 043791

Section C Notes to the Accounts

C3a Trustee remuneration
C4a Trustee expenses
C6 Other information
C5 Transactions with trustees
and connected persons
C3b Trustee remuneration -
details
C4b Trustee expenses -
details
C1 Nature and purpose of
funds(may be stated on
analysis of funds worksheets)
C2 Grants
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
The income stated relates to ticket sales from the club's annual
production, income from fundraising events and membership
subscriptions.
Additional breakdown is provided on analysis of the funds worksheet.
Type of activity or project supported Individual /
institution
Number of grants
made
£
Total -
If no remuneration was paid during the period to any charity trustee or person connected to a
trustee cross this box (otherwise complete section 3b)
Authority under which paid £
500
If no expenses were paid to any charity trustee during the period then cross
(otherwise complete section 4b)
this box X
Nature of transaction Number of
trustees
£

Nature of relationship
Transaction
amount (£)
Balance
outstanding at
period end (£)
Reimbursement of trustees for purchases they have personally and
properly made on behalf of the charity are not counted as expenses
for the purposes of these notes and are instead accounted for in the
general expenditure of the charity.

2013-04-02 Copy of Trustees AR Ap2 excel.xls / Notes

December 2007

3

APPENDIX 2

SC 043791

Additional analysis (1)

Analysis of receipts and payments

1 Donations

1 Donations 1 Donations
Unrestricted
funds
to nearest £
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
Total current
period
to nearest £
Total last period
to nearest £
-
-
-
-
Total
2 Grants
- - - - - -
-
Unrestricted
to nearest £
funds
-
Restricted funds
to nearest £
- - -
Total current
to nearest £
period
-
Total last period
to nearest £
-
-
-
-
Total
3 Gross receipts from other charitable activities
- - - -
-
Unrestricted
funds
to nearest £
-
Restricted funds
to nearest £
Expendable
endowment
funds
to nearest £
Permanent
endowment
funds
to nearest £
-
Total current
period
to nearest £
-
Total last period
to nearest £
~~Ticket sales~~
~~33,612~~
-
33,612
147,320
~~Playing member fees~~
~~2,560~~
-

2,560
3,105

~~Non-playing member fees~~
~~180~~ -

~~180~~
240

~~Audition fees~~
~~334~~
-

~~334~~
180
Program ads ~~200~~ -

~~200~~
370
-
Other ~~2171~~ -
~~2171~~
1,489
-
Total
-
-
Unrestricted
funds
to nearest £
4 Payments relating directly to charitable activities
39,056

-
39,056
- - - -
39,056
-
152,704
-
Restricted funds
to nearest £
-
Expendable
endowment
funds
to nearest £
-
Permanent
endowment
funds
to nearest £
-
Total last period
to nearest £
~~Theatre~~
~~48262~~
-
~~48,262~~










90,354
~~Production~~
~~6489~~
-

~~6,489~~
5,366
~~Production team~~
~~7400~~
-

7,400
7400
~~Rehearsal spaces~~
~~2173~~
-

~~2,173~~
~~3,575~~

~~Marketing~~
~~536~~
-

~~536~~
~~1,623~~
~~Other~~ ~~2595~~
-
~~2,595~~
1,911
~~Admin costs~~ ~~450~~
-

~~450~~

ROA
~~1997~~ -
~~1997~~
-
-
-
Total -
69,901
- - - -
69,901
-
110,229
- - - - - -

2013-04-02 Copy of Trustees AR Ap2 excel.xlsAdditional notes (1)

December 2007

APPENDIX 2

SC 043791

Additional analysis (2)

5 Breakdown of unrestricted funds

5 Breakdown of unrestricted funds
Receipts Unrestricted
fund 1 - enter
name of fund
below
Unrestricted
fund 2 - enter
name of fund
below
Unrestricted
fund 3 - enter
name of fund
below
Unrestricted
fund 4 - enter
name of fund
below
Total
unrestricted
funds
Total
unrestricted
funds last period
Donations -
Legacies 10,000 -
10,000
-
Grants -
Receipts from fundraisingactivities 2463 -
2463
1,489
Gross tradingreceipts -
buildings -
Rents from land & buildings -
Gross receipts from other charitable activities 39,056 -
39,056
151,215
Sub total
Receipts from asset & investment sales
-
51,519
- - - -
51,519
-
152,704
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
-
51,519
- - - -
51,519
-
152,704
-
Expenses for fundraisingactivities -
Gross trading payments -
Investment management costs -
Payments relatingdirectlyto charitable activities 69,901 -
69,901
110,229
Grants and donations 1074 -
1074
-
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
-
70,975
- - - -
70,975
-
110,229
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
-
70,975
- - - -
70,975
-
110,229
-
-
(19,456)
- - - -
(19,456)
-
42,475
-
-
(19,456)
- - - -
(19,456)
-
42,475
-
Nature and purpose of funds
Funds have been raised through ticket sales, fundraisers and membership fees in
order to produce and perform the club's annual production

2013-04-02 Copy of Trustees AR Ap2 excel.xlsAdditional notes (2)

December 2007

APPENDIX 2

SC 043791

Additional analysis (3)

Receipts
6 Breakdown of restricted funds
Restricted fund
1 - enter name of
fund below
Restricted fund
2 - enter name of
fund below
Restricted fund
3 - enter name of
fund below
Restricted fund
4 - enter name of
fund below
Total restricted
funds
Total restricted
funds last
period
Donations -
Legacies -
Grants -
Receipts from fundraisingactivities -
Gross tradingreceipts -
Income from investments other than land and
buildings
-
Rents from land & buildings -
Gross receipts from other charitable activities -
Sub total
Receipts from asset & investment sales
- - - - - -
-
Proceeds from sale of fixed assets -
Proceeds from sale of investments -
Sub total
Total receipts
Payments
- - - - - -
- - - - - -
-
Expenses for fundraising activities -
Gross trading payments -
Investment management costs -
Payments relating directly to charitable activities -
Grants and donations -
Governance costs: -
Audit / independent examination -
Preparation of annual accounts -
Legal costs -
-
-
Sub total
Payments relating to asset and investment
movements
- - - - - -
-
Purchases of fixed assets -
Purchase of investments -
Sub total
Total payments
Net receipts / (payments)
Transfers to / (from) funds
Surplus / (deficit) for year
- - - - - -
-
- - - - - -
-
- - - - - -
-
- - - - - -
-
Nature and purpose of funds

2013-04-02 Copy of Trustees AR Ap2 excel.xlsAdditional notes (3)

December 2007

APPENDIX 3

Report to the
trustees/members of
Registered charity
number
On the accounts of the
charity for the period
Set out on pages
Respective
responsibilities of
trustees and examiner
Basis of independent
examiner’s statement
Independent examiner’s
statement
Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:**
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Independent examiner’s report on the accounts
V2
Charity name
Glasgow Light Opera Club
SC
043791
Period start date Period end date
Day Month Year Day Month Year
01 01 24 to 31 12 24
(remember to include the page
numbers of additional sheets)
The charity’s trustees are responsible for the preparation of the accounts in accordance
with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether particular matters have come to my attention.
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
Regulations. 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 seeks
explanations from the trustees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and, consequently, I do
not express an audit opinion on the viewgiven bythe accounts.
In the course of my examination, no matter has come to my attention [other than that
disclosed on the attached page*]
1.
which gives me reasonable cause to believe that in any material respect the
requirements:

to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and

to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
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.
Date: 09/07/25

*Please delete the words in the brackets if they do not apply. If the words do apply, set out those matters which have come to your attention on the following page.

**OSCR will accept digital or typed signatures.

APPENDIX 3

Disclosure section

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose