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REGISTERED COMPANY NUMBER: 03243724 (England and Wales)
REGISTERED CHARITY NUMBER: 1057907












Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Opera Omnibus
(A Company Limited by Guarantee)
Trading as
Opera South

Opera Omnibus
Trading as Opera South

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Reference and Administrative Details 1

Report of the Trustees 2 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Statement of Financial Position 6 to 7

Notes to the Financial Statements 8 to 12

Opera Omnibus
Trading as Opera South

Reference and Administrative Details
for the Year Ended 30 June 2023



TRUSTEES Mr A H Ramsden Solicitor (resigned 6.5.23)
Miss E H Kollek Teacher (resigned 6.5.23)
Mr J A Hurley (appointed 16.12.22)
Mr R S Swift (resigned 6.5.23)
Mr M Austin Musician (appointed 16.12.22)
Mr P G Curievici Singer (appointed 19.2.23)


REGISTERED OFFICE 26 Mill Close
Haslemere
Surrey
GU27 1SA


REGISTERED COMPANY NUMBER 03243724 (England and Wales)


REGISTERED CHARITY NUMBER 1057907


INDEPENDENT EXAMINER Mulberry & Co
Chartered Certified Accountants
& Chartered Tax Advisers
C/O Mulberry & Co
Eastgate House
Dogflud Way
Farnham
Surrey
GU9 7UD

Opera Omnibus (Registered number: 03243724)
Trading as Opera South

Report of the Trustees
for the Year Ended 30 June 2023



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity is established to bring high quality opera of a professional standard to local audiences at affordable
prices.

The combination of high quality opera with reasonable ticket prices is insufficient to cover production costs.
Some of the difference is made up from membership subscriptions and fund-raising events and the generosity of Patrons and the Betty Whitbread Trust.

Significant Activities
The principal activity of the company in the year under review was that of an operatic society.

Following the success of the August 2021 open-air performances of "Rita" it was decided to mount a "Double bill" of open-air performances (at the same locations) in July 2022.

The operas performed were Bastien & Bastienne by Mozart, and An Incomplete Education by Chabrier.

Production was as ever led by James Hurley (Director) and Mark Austin (Musical Director). The productions were well supported and the weather was kind!

However financially Opera South found it difficult to perform any further works during 2022-23. A review of the current position was undertaken, and a number of Trustee changes were also agreed during the year.

Mark Austin has been appointed Chairman to succeed Anthony Ramsden who has stepped down, having steered the Company for over 15 years.

Mark and the new Trustees are now planning the Company activities for 2023-24.

Volunteers
In addition to the directors the following also served in other capacities during the year:

Isabel MorganGeneral Manager

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees & directors
The Company Articles of Association provides for a minimum of 3 directors and where there is a requirement for new directors these would be identified and appointed by the board.

A new director would receive a copy of the previous year's annual report and accounts and a copy of the Charity commission leaflet 'The Essential Trustee: What You Need to Know'.


Opera Omnibus (Registered number: 03243724)
Trading as Opera South

Report of the Trustees
for the Year Ended 30 June 2023


This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 15 November 2023 and signed on its behalf by:





Mr M Austin - Trustee

Independent Examiner's Report to the Trustees of
Opera Omnibus


Independent examiner's report to the trustees of Opera Omnibus ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Mark Mulberry

Mulberry & Co
Chartered Certified Accountants
& Chartered Tax Advisers
C/O Mulberry & Co
Eastgate House
Dogflud Way
Farnham
Surrey
GU9 7UD

20 November 2023

Opera Omnibus
Trading as Opera South

Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 30 June 2023

30.6.23 30.6.22
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,779 - 2,779 7,124

Charitable activities 2
Production & Fundraising 9,654 - 9,654 17,062
Total 12,433 - 12,433 24,186

EXPENDITURE ON
Charitable activities 3
Production & Fundraising 20,113 - 20,113 25,679

NET INCOME/(EXPENDITURE) (7,680 ) - (7,680 ) (1,493 )


RECONCILIATION OF FUNDS
Total funds brought forward 27,608 - 27,608 29,101

TOTAL FUNDS CARRIED FORWARD 19,928 - 19,928 27,608

Opera Omnibus (Registered number: 03243724)
Trading as Opera South

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
CURRENT ASSETS
Cash at bank and in hand 20,588 - 20,588 30,904

CREDITORS
Amounts falling due within one year 7 (660 ) - (660 ) (3,296 )

NET CURRENT ASSETS 19,928 - 19,928 27,608

TOTAL ASSETS LESS CURRENT LIABILITIES 19,928 - 19,928 27,608

NET ASSETS 19,928 - 19,928 27,608
FUNDS 8
Unrestricted funds:
General fund 19,928 27,608
TOTAL FUNDS 19,928 27,608

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Opera Omnibus (Registered number: 03243724)
Trading as Opera South

Statement of Financial Position - continued
30 June 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 15 November 2023 and were signed on its behalf by:





Mr M Austin - Trustee





Mr J A Hurley - Trustee





Mr P G Curievici - Trustee

Opera Omnibus
Trading as Opera South

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Incoming resources from charitable activities represents ticket sales for operas, concerts, lectures and other events. Income is deferred where the event takes place after the year end.

Voluntary income is receivable from annual subscriptions, income from patrons and donations.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Support costs have been included as part of total production costs.

Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner's fee and costs linked to the strategic management of the charity.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are those funds which are only available for use for the purposes specified by the donor.

Reserves policy
The directors have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on productions and events and receiving resources through admission charges and grants that provide funding.

No commitment to present any opera or recital is entered into without reserves being adequate to cover all associated costs, regardless of any expected revenue from the event.


Opera Omnibus
Trading as Opera South

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. INCOME FROM CHARITABLE ACTIVITIES
30.6.23 30.6.22
Activity £    £   
Rita Production & Fundraising - 15,243
Recital Production & Fundraising - 1,096
Troy Production & Fundraising - 723
Double bill Production & Fundraising 4,654 -
Grants Production & Fundraising 5,000 -
9,654 17,062

Grants received, included in the above, are as follows:
30.6.23 30.6.22
£    £   
County Council Grant 5,000 -

3. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 4) Totals
£    £    £   
Production & Fundraising 18,500 1,613 20,113

4. SUPPORT COSTS
Governance
Management Other costs Totals
£    £    £    £   
Production & Fundraising 802 61 750 1,613

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 7,124 - 7,124

Charitable activities
Production & Fundraising 17,062 - 17,062
Total 24,186 - 24,186

EXPENDITURE ON
Charitable activities
Production & Fundraising 25,679 - 25,679

Opera Omnibus
Trading as Opera South

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£    £    £   

NET INCOME/(EXPENDITURE) (1,493 ) - (1,493 )


RECONCILIATION OF FUNDS
Total funds brought forward 29,101 - 29,101

TOTAL FUNDS CARRIED FORWARD 27,608 - 27,608

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Accruals and deferred income - 2,636
Accrued expenses 660 660
660 3,296

8. MOVEMENT IN FUNDS
Net
movement At
At 1.7.22 in funds 30.6.23
£    £    £   
Unrestricted funds
General fund 27,608 (7,680 ) 19,928

TOTAL FUNDS 27,608 (7,680 ) 19,928

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 12,433 (20,113 ) (7,680 )

TOTAL FUNDS 12,433 (20,113 ) (7,680 )


Opera Omnibus
Trading as Opera South

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.7.21 in funds 30.6.22
£    £    £   
Unrestricted funds
General fund 29,101 (1,493 ) 27,608

TOTAL FUNDS 29,101 (1,493 ) 27,608

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 24,186 (25,679 ) (1,493 )

TOTAL FUNDS 24,186 (25,679 ) (1,493 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.7.21 in funds 30.6.23
£    £    £   
Unrestricted funds
General fund 29,101 (9,173 ) 19,928

TOTAL FUNDS 29,101 (9,173 ) 19,928

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 36,619 (45,792 ) (9,173 )

TOTAL FUNDS 36,619 (45,792 ) (9,173 )

.


Opera Omnibus
Trading as Opera South

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 June 2023.