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2025-01-31-accounts

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PAISLEY OPERA SCIO

I report on the accounts for the year ended 31[st] January 2025.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) 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.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 I do not express an audit opinion on the view given by the accounts.

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

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.

Russell & Russell Business Advisers Limited 4 Royal Crescent Glasgow G3 7SL 29/10/25 Date: __

Charity No
SC050683
Period start date
01/02/2024
To
Period end
date
31/01/2025
PAISLEY OPERA SCIO
Annual accounts for the period
Charity No
SC050683
Period start date
01/02/2024
To
Period end
date
31/01/2025
PAISLEY OPERA SCIO
Annual accounts for the period
Section A Statement of financial activities
Recommended
categories by activity
Note
Incoming resources
Incoming resources from
generated funds
Donations and legacies
Note 3
Charitable activities
Note 3
Other trading income
Investment income
Theatre tax credits
Incoming resources from
charitable activities
Other incoming resources
Resources expended
Costs of Generating Funds
Raising funds
Note 4
Charitable activities
Note 4
Governance costs
Note 4
Depreciation costs
Note 6
Other resources expended
Total funds carried forward
Total funds brought forward
Net movement in funds
Total resources expended
Total incoming resources
Unrestricted
funds
Restricted
income
funds
Total this
year
Total last
year
£
£
£
£
20,344
-
20,344
7,556
11,342
73,352
84,694
67,965
1,275
-
1,275
-
-
-
-
34,364
34,364
-
-
-
-
-
-
-
-
67,325
73,352
140,677
75,521
756
-
756
921
42,829
62,161
104,990
73,583
3,000
-
3,000
60
155
-
155
-
-
-
46,740
62,161
108,901
74,564
20,585
11,191
31,776
957
3,966
-
3,966
3,009
24,551
11,191
35,742
3,966

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Section B Balance sheet

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Restricted| |Unrestricted|income|Total this|Total last| |funds|funds|year|year| |£|£|£|£| |Fixed assets|F01|F02|F04|F05| |Tangible assets|Note 6|974|-|974|-| |-|-|-|-| |Investments|-|-|-|-| |Total fixed assets|974|-|974|-| |==—=| |Current assets| |Stock and work in progress|-|-|-|-| |Debtors|-|-|-|-| |Accrued income|Note 7|-|11,191|11,191|-| |Cash at bank and in hand|27,657|-|27,657|4,227| |Total current assets|27,657|11,191|38,848|4,227| |===| |Creditors: amounts falling due within| |one year|Note 8|4,080 - 4,080|261| |Net current assets/(liabilities)|23,577|11,191|34,768|3,966| |==| |Total assets less current liabilities|24,551|11,191|35,742|3,966| |Creditors: amounts falling due after| |one year|- - -|-| |Provisions for liabilities and charges|- - -|-| |Net assets|24,551|11,191|35,742|3,966| |==| |Funds of the Charity| |Unrestricted funds|Note 9|24,551|24,551|=|3,966| |Note 9|-|-|-| |Restricted income funds|11,191|11,191|-| |Total funds|Note 9|24,551|11,191|35,742|3,966| |———| |Signed by one or two trustees on behalf of all|Date of| |the trustees|Signature|Print name|approval| |29/10/25| |29/10/25|

----- End of picture text -----

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Section C

Notes to the accounts

Note 1 Basis of preparation

1.1 Basis of accounting

These accounts have been prepared on the accruals basis in accordance with: the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Act 2006.

1.2 Change in basis of accounting

There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.

1.3 Changes to previous accounts

No changes have been made to accounts for previous years.

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Section C Notes to the accounts
(cont)
Note 2
Accounting policies
INCOMING RESOURCES
Recognition of incoming These are included in the Statement of Financial Activities (SoFA) when:
resources
the charity becomes entitled to the resources;

the trustees are virtually certain they will receive the resources; and

the monetary value can be measured with sufficient reliability.
Where these conditions are met but cash has not been received at the year end, income is
accrued.
Incoming resources with Where incoming resources have related expenditure (as with fundraising or contract income)
related expenditure the incoming resources and related expenditure are reported gross in the SoFA.
Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional
entitlement to the resources.
Tax reclaims on donations Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to
and gifts which they relate.
Contractual income and This is only included in the SoFA once the related goods or services have been delivered.
performance related grants
Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
distributed by the charity.
Gifts in kind for use by the charity are included in the SoFA as incoming resources when
receivable.
Donated services and These are only included in incoming resources (with an equivalent amount in resources
facilities expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._
The value placed on these resources is the estimated value to the charity of the service or
facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Governance costs Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of service
conditions or output to be provided, such grants are only recognised in the SoFA once the recipient of the
grant has provided the specified service or output.
Grants payable without These are only recognised in the accounts when a commitment has been made and there are
performance conditions no conditions to be met relating to the grant which remain in the control of the charity.
Support Costs Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use
These are capitalised if they can be used for more than one year, and cost at least £500. They
by charity are valued at cost or a reasonable value on receipt. Depreciation is calculated so as to write off
the cost of an asset, less its estimated residual value, over the useful economic life of that asset
as follows:
Fixtures & Fitting and Equipment - 33% straight line

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Section C

(cont)

Notes to the accounts

Note 3 Analysis of incoming resources

Donations
Gift aid
Total
Grant funding
Ticket sales
Other
Total
Fundraising
Total
Opera Singers
Musical Director & Conductor
Production Costs - Stage
Production Costs - Pianist, etc
Hall & Venue Hire
Vehicle Costs
Travel & Accommodation
Partnership & Community Development
Social Media & PR
Other
Total
Independent Examination Fees
Tax Credit Application Fees
Total
Analysis
Note 4
Analysis of resources expended
Governance costs
Charitable activities
Fundraising trading costs
Incoming resources from
charitable activities
Analysis
Donations and legacies
This year
Last year
£
£
16,141
7,324
4,203
232
20,344
7,556
73,135
49,900
11,242
15,842
317
2,223
84,694
67,965
This year
Last year
£
£
756
921
-
-
756
921
23,355
-
19,559
-
8,837
-
29,792
-
10,600
-
1,715
-
750
-
3,675
-
2,427
-
4,280
73,583
104,990
73,583
1,200
60
1,800
-
3,000
60

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Section C Notes to the accounts (cont)
Note 5
Details of certain items of expenditure
5.1 Trustee expenses
This year Last year
Number of trustees who were paid expenses 0 0
Nature of the expenses None None
Total amount paid £0 £0
5.2 Fees for examination or audit of the accounts
This year
£
Last year
£
Independent examiner’s or auditors' fees for reporting on the
accounts 1,080 120
Other fees paid to the independent examiner or auditor

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Section C Notes to the accounts
(cont)
Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Payments on
account and
assets under
construction
Total
£
£
£
£
£
£
Balance brought
forward
-
-
-
-
-
-
Additions
-
-
-
1,129
-
1,129
Revaluations
-
-
-
-
-
-
Disposals
-
-
-
-
-
-
Transfers
-
-
-
-
-
-
Balance carried
forward
-
-
-
1,129
-
1,129
Basis
SL or RB
SL or RB
SL or RB
SL
SL or RB
Rate
33%
Balance brought
forward
-
-
-
-
-
-
Depreciation charge
for year
-
-
-
155
-
155
Impairment provisions
-
-
-
-
-
-
Revaluations
-
-
-
-
-
-
Disposals
-
-
-
-
-
-
Transfers

-
-
-
-
-
-
Balance carried
forward
-
-
-
155
-
155
Brought forward
-
-
-
-
-
-
Carried forward
-
-
-
974
-
974
6.3 Net book value
6.2 Accumulated depreciation and impairment provisions
6.1 Cost or valuation
Note 6
Tangible fixed assets
Freehold land
& buildings
Other land &
buildings
Plant,
machinery
and motor
vehicles
Fixtures,
fittings and
equipment
Payments on
account and
assets under
construction
Total
£
£
£
£
£
£
-
-
-
-
-
-
-
-
-
1,129
-
1,129
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Tangible fixed assets
-
-
-
1,129
-
1,129
-
-
-
155
-
155
-
-
-
-
-
-
-
-
-
974
-
974

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Section C

(cont)

Section C
Notes to the accounts
(cont)
Section C
Notes to the accounts
(cont)
Analysis of debtors
Trade debtors
Other debtors
Prepayments and accrued income
Total
Analysis of creditors
Trade creditors
Other creditors
Accruals and deferred income
Total
Note 7
Debtors and prepayments
Note 8
Creditors and accruals
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
11,191
-
-
-
Amounts falling due after
more than one year
Amounts falling due within
one year
11,191
-
-
-
This year
Last year
This year
Last year
£
£
£
£
-
-
-
-
-
-
-
-
4,080
261
-
Amounts falling due after
more than one year
Amounts falling due within
one year
4,080
261
-
-

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Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 9 Endowment and restricted income funds
9.1 Funds held
Type PE, EE
Fund Name Purpose and Restrictions
or R
Renfrewshire Council R
Culture, Heritage and Used for the purpose of the production "Faust"
Events Fund
Renfrewshire Council R
Cultural Organisations Used for the purpose of the production "Faust"
Development Fund
Engage Renfrewshire R Used to support community based initiatives that promote and develop
Community Mental Health & good mental heath and wellbeing and/or mitigage and protect against
Wellbeing Fund the impact of distress and mental health within the adult population.
Cockaigne Fund R Used for the purpose of the production "Faust"
The Hope Scott Trust R Used for the purpose of the production "Faust"
Creative Scotland R Used for the purpose of the production "Faust"
Local Area Panel Grant R Used for the purpose of the production "Faust"
Trade's House of Glasgow R
Used for the purpose of the production "Faust"
Commonwealth Fund
----- End of picture text -----

9.2 Movements of major funds

Fund Fund
balances balances
brought Incoming Outgoing Gains and carried
forward resources resources Transfers losses forward
Fund names £ £ £ £ £ £
Unrestricted 3,966 67,325 (46,740) - - 24,551
Restricted - 73,352 (62,161) - - 11,191
Total Funds 3,966 140,677 (108,901) - - 35,742

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Paisley Opera SCIO Trustees’ Annual Report 1[st] February 2024 to 31[st] January 2025

Charity contact information

Paisley Opera SCIO Scottish Charity Number: SC050683 ~~So~~ 2

Charity Trustees

Name all of your charity trustees for the period, and the date they left if they were not in post for the whole year ~~So~~ 3

Objectives and activities

The purposes of the charity as listed in the Constitution are

“the advancement of the arts, heritage, culture or science”

Paisley Opera was founded in 2017. It is an opera company with a mission to prove, contrary to deeply engrained and damaging stereotypes, that opera is indeed for everyone. It does this through presenting opportunities for people from all backgrounds to become involved in opera, primarily through a community-based chorus that works together over a number of months before presenting full scale operas, with the support of an orchestra and some key professional singers, in unusual, found spaces in the heart of the community in Paisley.

Another hallmark of Paisley Opera is to translate libretto into modern Paisley Scots spoken and known by people in Paisley, removing one of the most immediate barriers to access for those who are not fluent in a particular foreign language. The productions are also adapted/realised from a Paisley perspective.

• The Company makes it possible for people with limited or no prior experience of opera, or the ability to read music to be able to sing major works of opera

• It avoids barriers that the social environment of, say, a conventional opera house visit may present to some people by eschewing traditional venues and instead using found spaces in the heart of the community and at the heart of the town centre, thus taking opera to where the community is rather than expecting the community to come to the company.

• It recognises the power of regular community singing in terms of physical and mental health benefits and combatting isolation and sees this as being on an equal footing with striving for artistic excellence and indeed fundamental to what makes the company’s work unique.

4 ~~nn~~

Structure, governance and management

Type of governing document

Paisley Opera was awarded charitable status on 31[st] January 2021 in the form of a Scottish Charitable Incorporated Organisation and is governed by a constitution which clearly sets out its purposes and how the charity is to be administered by the trustees.

Trustee recruitment and appointment

The trustees have been appointed through recommendation of existing trustees and members of the organisation and staff. All but one of our present trustees are volunteers in our community chorus.

Suitable prospective trustees in the future can be suggested to the board by existing trustees, members of the organisation or staff. The decision to accept new trustees onto the board will be made by the existing trustees.

5 ~~nn~~

Achievements and performance

2024/5 Saw exciting steps in building on the achievements of the previous year

Organisational development

We were fortunate once again to be supported by Renfrewshire Council’s Cultural Organisations Development Fund which allowed us to fund key positions in fundraising and for the first time, to engage a Community Engagement Intern.

Thanks to Tax rebates through the Theatre Tax Credit scheme, we were able to continue funding our Digital communications and marketing post to great affect.

Partnerships

We were delighted to be able to work with Po rom Opera Bohemia as our Musical Director once again. Additionally, we were able to work with right2dance company, continuing a collaboration we’d begun on Macbeth and to work again with the Orchestra Of Scottish Opera.

Challenges

The main challenges we faced over the year were firstly funding and secondly identifying a venue.

Funding is an on-going difficulty which has got more and more challenging each year for all cultural organisations. We were again fortunate to have the support of a grant from Renfrewshire Council’s Culture, Heritage and Events Fund, but finding additional funding was a major problem. This was considerably helped by adding another experienced professional to our fundraising team.

6

Finding a suitably large venue was again a challenge, but we were able to utilise the magnificent building of Paisley Central Methodist Hall at an affordable hire cost.

Achievements

Following last year’s triumphant production of Macbeth, we chose to use the ‘hidden gem’ venue of the Methodist Central Hall in Paisley. The building was originally designed not only as a place of worship, but with regular weekly music hall performances in mind. The design has a large gallery in a horseshoe shape which seated the majority of the audience and the orchestra was placed beneath the gallery. This gave the audience a sense of being very close to the action which took place on the multi levelled stage area and floor in front of the orchestra.

We were also very fortunate to be able to work with renowned director and performer P| for the first time, as well as cementing our collaborations with right2dance and the Orchestra of Scottish Opera.

Edinburgh Music Review

Paisley Opera: Faust

Written By Donal Hurley

Paisley Methodist Central Hall, 6/10/24

Exactly a year after their production of Verdi’s Macbeth, in Scots translation and Renfrewshire mise-en-scène , Gounod’s Faust is receiving the same Paisley Opera treatment, with the sub-title ‘The Devil Went Down to Paisley’ in a new translation by As with the Verdi, Gounod’s sumptuous score is realised by players from the Orchestra of Scottish Opera with conducto fF ~~—~~ | while visual elements are again enhanced by the Paisley-based dance ~~ee~~ troupe right2dance , choreographed by ~~——~~ 7

. The action is transformed to ~~Pe~~ Paisley in 2028, with the world at war. Faust is an ageing computer scientist who believes he has wasted his life, cursing God. When the devil offers him a second chance with rejuvenation and the chance to seduce the beautiful innocent Margarita, in return for the eternal damnation of his soul at the end of his second life, he takes it. Of course, this is opera: it does not turn out well for anybody.

Paisley Opera is, at its core, a community chorus, open to all who wish to participate, from amateur beginners to seasoned professionals. They benefit from training by professionals, led this year by the wonderful a whose performances in RCS Opera Masters shows last year it has been my pleasure and privilege to review. Both ere visible performing as po members of the chorus, and indeed all the professional coaches did so. In this production, the chorus represents the Paisley townsfolk, including the soldiers heading off to war, and the choral sound was phenomenal, especially in the big numbers like the drinking song and the waltz that frame Act 2 in the pub. The rejoicing at the homecoming of the soldiers in the Act 4 Soldiers’ Chorus, always a favourite, was equally thrilling, but the final chorus (of angels in the original) proclaiming Margarita’s salvation, even as Faust is damned, was breathtakingly beautiful. Community rallying to protect one of their own against evil. Powerful stuff.

Equally inclusive is right2dance , a community dance company that has been providing opportunities to engage with the world of dance in Paisley for 50 years. In this production, the 7 dancers were the Devil’s minions, slithering wraiths in the form of teenage girls, personifying temptation. Their big number, dancing to the Walpurgisnacht music, usually in Act 5, was shifted to Act 4 to dramatise the Devil’s evil predatory scheming to capture souls. Quality.

Norwegian tenor as quite a catch for this production in

the huge eponymous role of Faust. His is a big voice with heldentenor qualities but also depths that made it less of a surprise to read that he had started his career as a baritone. He played the complex, flawed and fundamentally weak and suggestible character, so easily and tragically dominated by the Devil, very convincingly. His voice blended perfectly with the other principals and the chorus, most noticeably in the Act 3 quartet with Mephistopheles, Margarita and her friend Martha. English bass-baritone who trained at the Royal Scottish Academy Se of Music and Drama ( nservatoire of Scotland), was a fabulously irascible, malevolent and swaggering Mephistopheles. The original opera allows a lot of room for humour in the role, including the Act 3 quartet in which he endures the amorous advances of Martha, thereby distracting her from gooseberry duties ~~9~~ 8

and allowing Faust a clear field to flirt with Margarita, at least initially quite ineffectually, much to Mephistopheles’ chagrin. The new translation gives him a few great one-liners. For example, when he notices Faust’s surprise at his first sudden appearance in response to Faust’s invocation, his wry comment is: “You were expecting Bela Lugosi?” For the most part though, this is a role of purest evil and menace and it was brilliantly characterised and sung with a voice that was rich, powerful and characterful. I was particularly pleased with his delivery of Scots dialect too. A captivating performance.

Scottish soprano Pe whose Cio-cio San and Susanna for Opera Bohemia, and more recently Pamina for the Scots Opera Project’s ‘Magic Flute’ at this year’s Perth Festival, were praised in my reviews, delivered again in the role of Margarita. There was a sense of déjà vu when her image appeared on the screens of Faust’s computers in Act 1 as an enticement to selling his soul; in Perth, the Queen of the Night had used the same trick to inveigle Tamino into a quest to ‘rescue’ Pamina. Chaste, modest and demure by nature, she is flattered by Faust’s attention and the box of jewels which Mephistopheles conjures to aid the seduction. The Act 3 ‘Jewel Song’ got well-deserved applause. But it is to the declarations of love that she eventually succumbs. In the Paisley libretto, the townspeople stand by her when she falls pregnant; only her brother Valentine condemns her. In a departure from the original, she suffers a miscarriage and is gravely ill. Faust is sent by the Devil to persuade her to forsake her faith in return for prolonging her life but supported by the community she stands firm. The Devil is thwarted, Faust is damned, but Margarita’s salvation is assured as she dies in

the arms of her best friend Martha. | played the role sympathetically with the perfect mix of innocence, vu d inner strength. Scottish bass-baritone ompleted a Law degree at the University fe of Aberdeen before studying at the RCS. A career in opera and choral singing was interrupted by the pandemic and his principal occupation is now ‘whisky auctioneer’ – I’m honestly not making this up. He played Valentine, Margarita’s brother and officer of the army corps that heads off to war in Act 2, to a rousing send-off from the townspeople. He attempts to tackle the boorish swaggering Mephistopheles in the pub scene, but the latter’s magic neutralises his efforts, alerting the townspeople to the Devil’s true nature. When he returns in Act 4 and discovers that Faust has impregnated his sister, he attempts to duel with him, but again the Devil’s magic weakens him and he is killed by Faust, cursing his sister as he dies. Not a sympathetic role, but he dramatised the bravery and bitterness with equal skill and stage presence and delivered a top vocal performance. Scottish mezzo | a super Cherubino in Opera Bohemia’s ‘Marriage of Figaro’ in August 2022, and a charismatic Annina, Violetta’s devoted maid, in Scottish Opera’s ‘ Traviata ’ earlier this year, was an excellent Martha, combining ~~ne~~ 9

the comedy gold of her irrepressible flirtation with the Devil himself with the compassionate tenderness of her cradling of the dying Margarita at the end, symbolising the love of the whole community.

Stephen (Siebel in the original), a teenage lad besotted with Margarita and entrusted by Valentine to watch over her while he is away at war, is a trouser role and it was played convincingly by Scottish mezzo PO In Act 3, Stephen brings flowers for her which he leaves without meeting her. They are trumped by Faust’s Mephistophelian jewels, of course f endition of Stephen’s Cavatina in praise of Margarita’s chaste virtue was very lovely. The jovial role of Rob (Wagner in the original), pub owner and comrade of Valentine, whose death in battle is foretold by the Devil’s sinister prophecy in Act 2, was warmly played by Irish baritone

Shining through the music-making and creative work of this company is a sense of immense civic pride, celebration of diversity and affirmation of the life-enriching power of community. What’s not to like? There is one more performance on Wednesday 9th. Highly recommended. ~~So~~ 10

I

Future Projects

Plans for 2025/26 include re-establishing Paisley Opera’s community connections through community ‘pop-up’ performances and workshops, collaborating with right2dance on schools workshops, and working with the community in Ferguslie Park towards a major production to be staged at the Tannahill Community Centre in May 2026.

Governance

Towards the end of the year, the board looked at ways in which we could make the charity even more open, and it was decided to do everything we could to encourage more of our chorus members to become members of the charity as well. The board will be writing to each of our existing chorus members to invite them to become members of the charity and to explain what this means. The board intends to hold an afternoon of workshops for all interested in becoming members to explore the values of Paisley Opera. This will be followed by the AGM on 29[th] March 2025. ~~So~~ 12

Declaration

Signed on behalf of the charity trustees:

Print name Artistic Director Designation 26/10/2025 Date ~~So~~ 13