THAMES OPERA COMPANY LTD

Company limited by guarantee

Company Registration Number:
13055360 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THAMES OPERA COMPANY LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THAMES OPERA COMPANY LTD

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Section C Objectives and activities: C1 The primary objectives of the charity are: 1. the promotion of the arts for the benefit of the public through the presentation of dramatic and other arts, in particular opera. 2. the advancement of education of the public in dramatic and other arts, predominantly in the Thames Gateway area; and to pursue our objects as shown above as a way of advancing inclusion within the community and to help alleviate social isolation by making the benefit of our art to the public. The strategies we are using to meet this objective are: 1. recruitment of members from the local community and surrounding areas; 2. holding weekly rehearsals; 3. appointing professional musical directors and assistants to give structure to the rehearsals; 4. participating in creative workshops; and 5. taking part in public performances.

Additional information

During the year under review, we have made significant progress with limited resources. We have been busy during and post the pandemic to maintain our activities and projects. Here is a brief summary of activities and highlights for this period: 1. continued to raise profile of the charity by promoting the chorus via social media and taster sessions to recruit new members; 2. continued to meet on a weekly basis to rehearse and sing, learn new music and build a community of people interested in music; 3. supplied chorus members for the public performance of the community opera Our Street held at Catford Broadway Theatre on 20 July 2024; The Thames Opera Company held Opera for All , its first fully staged concert performance at the Towngate Theatre in Basildon on April 2024. The concert featured the following highlights: 1. Special appearances by our Patron Roderick Williams OBE and former young chorus member Blaize O’Callaghan (now studying to become a professional singer).2.Participation of professional soloists Luis Gomez, Nancy Holt and Anita Watson. 3. Anita Watson delivered a performance masterclass for members of the chorus. 4. A full programme of staged operatic music. 5. BBC Radio 3 presenter Ian Skelly acted as compere. 6 An almost sold-out venue. 7. The concert was widely positively reviewed in the local press by opera critic Mark Valence in Opera Magazine and on the Seen and Heard International website. In addition, there was some excellent feedback from audience members as well: “I loved the way the chorus went from the informal to characters in an opera when the music started. It showed me that you are ordinary folks with a passion to show the audience a love of opera”. A short promotional documentary was made of the event ‘Opera for All – Behind the Scenes’.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Matthew Smith
 Allen Jones
 Irene Hamilton
 Daniela McDonach

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 September 2025

And signed on behalf of the board by:
Name: Matthew Smith
Status: Director

THAMES OPERA COMPANY LTD

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 56,687 62,677
Cost of sales: ( 46,292 ) ( 24,423 )
Gross profit(or loss): 10,395 38,254
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 10,395 38,254
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 10,395 38,254
Tax: 0 0
Profit(or loss) for the financial year: 10,395 38,254

THAMES OPERA COMPANY LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 358 537
Investments:   0 0
Total fixed assets: 358 537
Current assets
Stocks:   0 0
Debtors: 4 1,840 2,080
Cash at bank and in hand: 59,166 48,351
Investments:   0 0
Total current assets: 61,006 50,431
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 61,006 50,431
Total assets less current liabilities: 61,364 50,968
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 61,364 50,968
Members' funds
Profit and loss account: 61,364 50,968
Total members' funds: 61,364 50,968

The notes form part of these financial statements

THAMES OPERA COMPANY LTD

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 September 2025
and signed on behalf of the board by:

Name: Allen Jones
Status: Director

The notes form part of these financial statements

THAMES OPERA COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    2.4 Tangible fixed assets Tangible fixed assets are depreciated over their expected useful lives as follows: Musical instruments and equipment - 1/3rd of the brought forward net book value

    Other accounting policies

    These financial statements have been prepared on a going concern basis in accordance with: “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 the Republic of Ireland (FRS 102) (effective 1 January 2015)”; the Charities Act 2011; and the Companies Act 2006. 1.2 Company limited by guarantee The charity is a company is limited by guarantee and does not have a share capital. Each member of the company undertakes to contribute an amount not exceeding £10 to the assets of the company if it should be wound up while he/she is a member for payment of the company's debts and liabilities contracted before he/she ceases to be a member and of the costs and charges of winding up and for the adjustments of the rights of the contributors themselves. Accounting policies 2.1 Recognition of incoming resources These are included in the Statement of Financial Activities (SoFA) when: 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. 2.2 Incoming resources with related expenditure. Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure arenreported gross in the SoFA. 2.3 Tax reclaims on donations and gifts Any incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. 2.4 Tangible fixed assets Tangible fixed assets are depreciated over their expected useful lives as follows: Musical instruments and equipment - 1/3rd of the brought forward net book value. 2.5 Donated services and facilities 2.6 Volunteer help 2.7 Liability recognition The financial value of any voluntary help received is not included in the financial statements. Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 2.8 Value added tax (VAT). The charity is not registered for VAT. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

THAMES OPERA COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

    The person noted here are not directly employed by Thames Opera Company. they work for the Company on a freelance basis.

THAMES OPERA COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 0 1,810 0 0 0 1,810
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 December 2024 0 1,810 0 0 0 1,810
Depreciation
At 1 January 2024 0 1,273 0 0 0 1,273
Charge for year 0 179 0 0 0 179
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 December 2024 0 1,452 0 0 0 1,452
Net book value
At 31 December 2024 0 358 0 0 0 358
At 31 December 2023 0 537 0 0 0 537

THAMES OPERA COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 1,840 2,080
Total 1,840 2,080
Debtors due after more than one year: 0 0