COMPANY REGISTRATION NUMBER: 02636958
CHARrfY REGISTRATION NUMBER: 1003947
IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Financial Statements
For the year ended
31 March 2024
IL E. JONES & CO.
Chartered accountants
132 Burnt Asb Road
Lee
London
SE12 8PU

TRADING AS IRIE! DANCt THEATRE
Company Limited by Guarantee
Financial Statsments
Year ended 31 March 2024
Page
Trustees, annual report (incorporating th¢ dir¢£tor's rq)ort)
Independent examiner's report to the trustees
14
Statement of financial activities (including income and expenditure account)
16
Statement of financial position
17
Notes to the financial statements
19

IIUE!
TRADING AS IIUE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees. who are also the directors for the purposes of company law. present their report and the
unaudiled financial statements of the IRIE! DANCE THEATRE for the year ended 31 March 2024.
Reference and administrative details
Registered charity name
IRIE!
Charity registration number
1003947
Company registration numbcr 02636958
Principal office and registered Moonshot Centre
office
Fordham Park Angus Street
New Cross
London
SE14 6LU
The trustees
Mr H Beckles - Chair
Mr D Clarke - Treasurer
Ms B Glean - Secretary
Ms S Montserrat
Ms P Ryan
Company secretary
Ms B Glean - CEO & AD and Secretary to the Board
Independent examiner
Darren Smart F.C.C.A.
132 Burnt Ash Road
Lee
London
SE12 8PU

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {¢oniin4ed)
Year ended 31 March 2024
Structurey governance and management
Th¢ Trustees present their report and the financial statem¢rtts for the year ended 31 March 2024. The
trustees, who are also Directors of IRIE! (Trading as IIUE! Dance Theatre) for the purposes of company
law, and who served durÈng the year and up to the date of this report.
Objectives and activities
Mission Statement
Our mission is to deliver and sustain a range of creative, educational and artistic activities based on stimuli
derived from Africa and the Caribbean. Our vision is to create an environment where Dance of the African
Diaspora (DAD) is fully integrated into the teaching and practice of the wider dance agenda, making the
fom] important to individuals. communities and society.
The company aims to promote culture and diversity through outreach, engagement through its touring
perfomiance company and inspired partnerships. Our broader aim is to develop and deliver a range of
creative and diverse activities for all that will support and include:
. Arts and Culture
. Community and Wellbeing
. Education & Training
. Operations
The Trustees are mindful of the need to provide a 'public benefit, as emphasised in the 2011 Charities Act.
Structure) governance and management
Governing Document
IRIEI is a company limited by guarantee, governed by its Memorandum and Articles of Association dated
August 1991. The CharÈties Commission registers the company as a Charity. Anyone over the age of 18
an become a member of the company and there are currently 4 members, each of whom agree lo
contribute £5 in th¢ event of the Charity winding up.
Appointment of Trustees
Trustees are asked to nominate new Trnstees prior to the AGM. The Trustees are also entitled to co-opt
specialist Trustees, with full consideration given to the requirements of any skills needed towards the
advancement of the company's objectives. These are highly experienced individuals in their field who
provide support and advicc but are unable, because of other commitments, to become full members.
Invitations for self-nomination are distributed to similar charities locally. Advisors are &sked to to attend
Board and other meetings as deemed appropriate by the Board.

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report ￿nCorporating the Director's Report) (conlinued)
Year ended 31 March 2024
Current Members of the Board
Harry Beckles
Desmond Clarke
Beverley Glean
Sheba Monts￿rat
Paul¢tt¢ Ryan
Chair
Treasur¢r
Secretary (no voting rights)
Trustee
Trustee
Trustee's Induction, Training and Operv4tional Obligations
After a fomial intffvicw with senior management and subsequent review by Chair and Vice Chair.
Potential Trustee5 are asked to attend an IRIE! Board meeting Erior to deciding whether they wish to take
on this voluntary role. New Trustees are inducted into the company through a meeting with a Senior
Officer. They are also required to attend at least one board meeting wior to confJrn]ation. This Erovides
prospective Trnstees and Directors with an overview of the organisation, its activities and obj¢ctiv¢s and
inforn]s them of their legal obligations undff charity and company law. Trustees are invited to meet all staff
members. Staff members and volunteers are encouraged to work closely with a Trustee with
complementary skills and experience when necessary. Trustees attend appropriate external training events
which facilitate their undertsking as a TrusteeJDirector.
Operating Model
The Board meels a minimum of 4 times per year. It is expected that all TrusteeslDire¢tors will attend all
Board meetings and contribute to the appropriate governance of the (rganis&tion. wh¢ther inlat m¢¢tings or
outside of meetings. If a TrusteelDirector is unable to attend a Board meeting they are expected to send an
apology. If a TrusteelDirector fails to send an apology to two consecutive meetings in a year or they fail to
attend 3 cons¢cutiv¢ m¢¢tings they will be subject to compulsory resignation.
Th¢ Chief Executive Officer & Artistic Director (CEO & AD) is appointed by the Board to manage the
day-to-day operations of the charity as well as plan, guide and implement the artistic vision and policies of
the company ensuring that they ¢ontinu¢ to encapsulate and reflect the company's mission statement. The
CEO & AD d¢l¢gates authority, approved by the trustees, to a Senior Manag¢m¢nt Team, which comprises
the Director of Ac￿edIted Training and Busine&s DÈrector (post vacant) who support th¢ ￿0 & & AD in
the day to day managing of opffational matters including finance, building management, employment,
¢ducation & community outreach, and artistic perfonnance r¢lat¢d activities.
Eighty five percent (850/0) of the work undertaken by the company from April 2023 to March 2024 took
plac¢ in the tL)ndon Borough of Lewisham (LBL). The work of th¢ company is rooted in Caribbean folk
danc¢, musi¢ and culture as well as West African traditional dance, drumming and culttw¢. Thes¢ traditions
influence the overall planning and deliv¢ry of th¢ programmes alongside other historical and contemporary
local, cultural and social issues.

TRADING AS llUE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report Uncorporating the Director's Report) {conlin¥ed)
Year ended 31 March 2024
IRIE! is strongly ¢mb¢dded in the community and has prof¢ssional relationships with a number of related
local organisations and institutions including, The Midi Music Company. The Albany. Goldsmiths
University. Phoenix Federation Schools. I£wisham Education Arts NetWOTk. L£wisham Homes and the
Migration Museum to name a few. Community cohesion and engagement will continue to be key to the
company's development and delivery.
IRIEI is based at the Moonshot Centre, where the company currently hold a Premises Management
Agre¢m¢nt for the buildin& since 2017 on behalf of LA)ndon Borough of IThisham. The building is based
in Fordbam Park in New Cross, which Provides ideal suroundings and resources for community-based
activities, in-doors and out-do(rs. which is beneficial to the organisation's d¢vclopment. Our space and
activities provide favourable programmes and Conditions for children and young people to engage with the
company and for the company to connect with and understand the needs of the community in which it
serves. We asse&s those needs through regular monitoring & ¢valuatIo￿ questionnaires and anecdotal
feedback.
Funding Partners
Th¢ company was very successful in raising funds to support its users, the local community. creatives and
its workforce during the financial year. This includes its successful application to the National IA)ttery
Community Fund to advance our communty engagement over a 3-year period {2022-2025). The
company's connection with the community is intrinsic in all strands of its practice and service delivery,
therefore the ethos of IRIE!'s activities remained intact as we move foNiard.
In April 2023, IRIE! dance theatre secured Arts Council England, National Portfolio Funding (NPO) for
four year4 from 2023-2027. The award will support the re-introduction of the perforniance company
through a research and d¢v¢lopment prOcey￿. $llp￿)rt good governanc¢, succession planning and
restructuring. community centre. developing work for and with graduates and emerging artists.
Th¢ Pioneer and Places initiative which was funded by the National Lottery Heritage over an 18 month
period concluded in March 2024. A range of activities were successfully delivered, n]aking the archive
accessible to a wider audience. Activities included a graduate training programm¢, an archive development
project, a volunteer programm& an ¢xbibition which included Heritage InteTVl¢WS, a virtual museum and a
film screening. Additional funding will be applied in thc n¢w financial year to enable the project to b¢
further developed ov¢r the next 3 years.
Reserves Poliey
The Trust¢¢s aim to maintain a level of reserves to cnsure that contractual commitments to staff and
suppliers can b¢ met in the event of a sudden change, or loss, in funding.
Poli¢i¢s on investment powers and reserves ar¢ available as require¢l The aim of tb¢ Company is to
maintain an annual reserve level to meet a minimum of 3 months operational costs.

TRADING AS llUE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report Oncorporating the Director's Report) (conlinmed)
Year ended 31 March 2024
Objectlves and attivities
Key PartDerships
London Borough of l£wisbam:
IRIE!'s relationship with LBL remains stable and continue5 to progress positively. The cultural team at
LBL are developing a Cultutal Strategy that will take forward many of the positive and meaningful
outcomes from the year-long cultural festival. IRIE! danc¢ theatre will be one of the key local (r¢ativ¢
organisations forniing part of the strategic team. To date, we are feeding back on the proce&s of creating the
docurnent to be ratified by the local authority. Conversations regarding IRIE'S management agreement with
the borough are ongoing.
Goldsmith University of London..
In September 2023 our BA (Hons) DiV￿Se Dance Styles by IRIEI and our new MA was validated by
Goldsmith. The company's collaboration with Goldsmith is proTring to be very successful. Our partnttship
with the community engagement and Theatre And Perfom]ance (TAP) team have been valuable. We have
worked together on several projects, for example, volunteers programme, Open Day's, workshops and
Museum Late's at the Garden Museum. We are looking forward to more collaborations in ihe future.
Nesta..
We have reached year 5 of the Cultural Impact Agreement with Nesta. The programme will c4)me to an end
next year, the additional time is due to the loan holiday period agreed during COVID and post COVID.
Nesta continues to offer support. The quarterly check-in ensure that PTO8ramme delivery and the operations
of th¢ organisation are not facing challenges du¢ to the changing environment for ¢xampl¢, cost of livlng
crisis.
Main activities for the year
The work of the organisation r¢mained steady especially via funding from National Lottery Community
Fund (Nt£F) for the Moonshot Community programm¢. This continues to support the post for Education
and Community Engagement Coordinator, Administrator and Facilities Officer. The award support5 the
company's service delivery, in the areas of education, outreach and communty ¢ngag¢m¢nt and develop
programmes alongside our LBL main grants Frogramme. Arts Council England. National Portfolio
Organisation funding has ¢nabl¢d the reintroduction of the p¢rf(Tmance company and infrastructure
development for the organisation.

TRADING AS tRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorls Report) (¢onrfnMed)
Year ended 31 March 2024
Objectives and vactivities (eonlinwedj
Main actlvities for the year cont...
Workshops
The workshop programm¢ continue to develop and grow ¢ncouraging new and different community
relationships, partnership working and hires.
We were able to deliver incr¢as¢d range of diverse choices of free and aff(rdable community cla&8es
delivered by a team of tutors diverse in age and ethnicity, with an able to appeal to a wide range of the
community.
Through monitoring and evaluating of our community programme& participants have feedback:
DrLunology', participants describe the se&8ions as providing "culttwal awareness" as well &s allowing
families to engage in group activities with one another 'ryt gives me a reason to go out and enjoy quality
time with my son on a Saturday morning"
From events and programme areas focusing specifically on older and young people and intergenerational
gatherings. Participants told us:
"The staff were amazing, making everyone feel like a family" _ Vintage Tea (Elders event).
"Many thoughts on history, legacy, joy, connection and the spaces in between" . IRIEI Community Dance
PeTfornw]¢¢.
"Finding somewhere to mc¢t p¢ople your age group" _ Vintage Tea (Elders event).
'Push aside. We ne￿ to be involved" _ Vintage T¢a (Elders event).
The organisation is increasing opportunities for volunteers. Volunteers have told us..
"More skills. More Confid¢nt" _ IIUE! volunteer.
"I am very excited to build som¢ skills that will be transferable to a Car￿ in the &ts sector"
volunt¢¢r.
IR￿1
"I have gained knowledge of my local area" . IRIE! volunt¢¢r.
Youth Dan¢¢ Company
Th¢ popularity of the youth dan¢¢ company is growing. Many of the young people attending are from our
local partner schoo15 and are of West African heritage. Therefore, working within the traditional West
African dance genre has been successful. During the year tbe young people have taken part in 3 sharings , 4
public perf(nnances and have perfornied at their school assembly. Engagement remains high between
25-30 young people attending weekly sessions. We are particularly, encouraged by the commitment,
interest, and support from all the parents of the young people who tbe group session

TRADING AS IRIE! DANCE THEATRE
Company Llmited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (conlinued)
Year ended 31 March 2024
Objectives and actfivities (coftlinued)
Community Engagement
A thriving programme has ¢ncouraged local people and grassroots organisation to hire our community
space and run their own sessions. There have been several long-terni hires including: Planet Hoop*
Dancehall. Both Dance and the Church of Pentecost. The diversity of our community is reflected across all
areas of the organisation's engagem¢nt including its delivery team, its students, volunteers and
beneficiaries. Th¢ wmbined strengths of their skills and lived experience complement and enrich the
delivery programme.
monit(ring, evaluation and anecdotal evidence enables us to realise the impact of IRIE! on its
community and users. Participants have told us that out events and activities make them feel h4)py and
more connected. improving physical and mental health. and builds confidence. We understand the
importanc¢ of listening to what the community want8 observing what is w(rking well. and reviewing areas
for imwov¢ment. For example, where sessionls is less Well-attende￿ we seek additional feedback. The
outcome could result in increased promotion, postpone in order to review and/or cancellation. We
understand that the Cost-of-Living Crisis is negatively impacting on many of our communities. Therefore,
we believe that it is more important than ever to offer free and affordable opportunities in a familiar,
welcoming and warn] space.
Away Day
The organisation had its am]ual Away Day on January 27tfy 2024. The day was attended by the trustees and
staff. This day allowed us to review the developments of 2023. It was agreed that the work streams would
remain with the following PTogrammes awaTd¢d to ￿ch stream:
Arts & Culture: Touring productions; Creative Profe&sional Development. Routes to Employment.
Education & Training: Accredited Training. Education Packages; Advance Training scheme.
Community & W¢llb¢ing: Cultural exchange" Community ¢v¢nts
Op¢rations'. Provide an effective, ￿ofeSsiOnal and ¢fficient service, to support th¢ d¢v¢lopment of a robust
and r¢sili¢nt organisation.
It was also agreed to continue to r¢fm¢ and embed the priorities:
Board Development
A board development plan is in plac¢. Skills audit has been undertaken of th¢ current Board members.
Board recruitment, induction and training procudure has been reviewed along Wit￿ Board polici¢s,
strategy, compliance and risk management.
Succession Planning Artistic DirectorlCEO
Succession planning is an important process f(r the replacement planning or the passing on of key
leadership roles and should ideally take place in the case of founding roles. 2-5 years in advance. This
process has been delayed as the organisation finds ways of managing the pattern of growth and changethat

TRADING AS IRIE! DANCE THEATRE
Company Llmlted by Guarantee
Trustees, Annual Report Uncorporating the Director's Report) (eonl¥RMed)
Year ended 31 March 2024
Objectlves and aetivities (con11￿e4)
comes as you look to implement strong lead¢rsbip. This will involve the delivery of the founder's
experience aligned with th¢ businesses goals.
Improving Business Efficiency
We ar¢ working towards the development of a coherent strategy, plannins changes to the current staffing
structure, delivery function and an improved outcome framework focused on the impact to the end users.
Change Management and Restructuring Process
IRIEI'S leading role within Dance of the African Diaspora continues to be important For nearly 40 years
the organisation has gained valuable knowledge and expertise in the delivery of high-quality dance
education and training. The organisation has also ¢stablished sound community networks and has built a
strong reputation and partnerships with the local council. university, schools and other key stakeholders.
All the above has b¢¢n considered as part of the Theory of Change process which is being undertaken with
the trustees and staff at IRIE! This process will enable us to examine in depth what we are seeking to
achieve and how we will do this. Our theory of change map will be updated. The map outlines our ultimate
impact and outputs to be achieved and core areas to delivery in the short, medium and long terni.
The following priorities were agreed:
Board Development
A board development plan to be implemented which would include but not restricted to, skills audit, board
policies, board prioritics, inductiofy recruilment, renewal, training, strategy. compliance and risk
management.
Succession Plaoning Cr¢ativ¢ Director/￿0
Succession platming is an important process f(r th¢ replacement planning or the pa&sing on of key
leadership roles and should ideally take place in th¢ cas¢ of founding roles, 2-5 years in advance. It is
important going f(nvard that I￿E ! as an organisation finds ways of managing the pattern of growth from
founding through maturity to decline and reinvigoration that comes with the change in leadership. This will
involve the delivery of tb¢ founder's experience aligned with its business goals.
Improving Business Efficiency
To provide an enhanced structure and route map to assist th¢ organisation with imFToving busine&s
efficiency, effectiveness and sustainability. It will also pro￿]de guidance and support to the Directors.
Going forward there will be a need for a change in infrastrncture" this will entail the dev¢lopm¢nt of a
coherent strategy, planning, changes to the current staffmg structur¢. deliv￿ function and an improved
outcome framework focus¢d on the impact to the end users.
Change Management and Restructuring Process
IRIE I's leading role within Dance of the African Diaspora continues to be importanL For nearly 40 years
the organisation has gained valuable knowledge and expertise Tn the delivery of high-quality dance
education and training. The organisation h&s al so established sound community networks and has built a
strong reputstion and partnerships with the local council, university, schools and other key stakeholders.
All the above has been considered as part of the Theory of Change process which will be be undertaken
with the trustees and staff at IRIE! This process will enable us to examine in depth what we are seeking to
achieve and how we will do this. Our theory of change map will be updated. The map outlines our ultimate
impact and outputs to be achieved and core areas to delivered in the short, medium and long term.

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report Uncorporating the Direetorls Report) {colllinMed)
Year ended 31 March 2024
Objectlves and aetivities (eonllnwed)
The restructuring process will involve changes in busine&s activiti¢s and staffmg structure which will
enable the organisation to become more integrated and efficient.
Marketing & Publicity
We are in the process of rcviewing our Marketing and Communications Strategy. This will include
marketing and prom(*ion of our activiti¢sJservices. the advertisin￿reCruitrncnt of n¢w student for our
education programme and crucially raising the awarenesslprofile of IRIE! dance theatre within the
professional dance sector.
By taking this approach we will ensure that our messaging is consistent, effective and integrated across all
platfomis, including social m¢dia. Monitoring and evaluation of th¢ organisation's programme deliveries
will play a key role in maintaining high quality across all Work streams.
The Moonshot Centre Management..
IRIE I H&8 a Premises Management agreement since 2017 f(r the Moonshot centre. We have continuously
endeavoured to work effectively with Lewisham Council to improve and update the condition of the
Moonshot premises in ternls of addressing long-standing disrepair issues and achieving regulatory
compliance. The borough has committed funding of over £800,000 to replace the roo£ provide energy
efficient lighting and decorate all spaces including floor coverings, that have been water-damaged due to
years of of leaking from the roof. There have been challenges managing the building. Especially, where
there are tenants involved. However, IIUE! continue to support the delivery of efficient management
service and work closely with th¢ tenants of the Centre, Playhouse Conununity Nursery and Double Jab
Boxing Club, to maintsin standards of cotnpliance and report repairs.

TRADING AS IRIE! DANCE THEATRE
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (coKtill¥ed)
Year ended 31 March 2024
Achievements and perfornmnee
In response to developing a greater understanding of thc company's impact. At th¢ b¢ginning of the year, a
s¢t of outcomes were set. A numb¢r of the outcomes are also in line with outcomes agreed with th¢
majority of our funders.
o Improv¢ physical and mental well-being for 1000 local people IRIE! dance theatre engaged 2,000
participants in physical activity within our community programm¢.
o Improve educational opportunities and life chances of 800 chilthen and young people 1,900 young
children have participated in educational programs focused on cultural awareness and identity.
0 1600 young peopl¢ will gain a better understanding of culturally diverse danc¢ forn]s.
IRtE! dance theatre worked with 6 schools, delivering welcome assemblies and engaging a total of 2,000
young people in rhyth￿ dance and Culture. This engagement h&s led onto long terni residency around
culturally diverse danc¢ style.
o Develop a minimum of 50 opportuniti¢s fcr volunteering, and creative & social skills development for
community participants.
IIUE! dance theatre has created 54 opportunities for volunteers to develop their social skills through
participatory events.
o Develop a Minim￿ll of 50 opportunities for volunteerins cr¢ativc & social skills developn]ent for IRIE!
students and graduates.
28 opportunities have been presented for IRIE! students and graduates, 2 graduat¢s working with the
perfomw]ce company on reconstructing a dance work Opportunities also included volunteering for
community programmes, and a&sisting with the Youth Dance Company.
o Increase access to activiti¢s at the Moonshot centre and local Fordham Park by 300/0.
IRIE!'s annual family Fun Day, drew over 600 participants throughout the day. The increased nun]bers
wer¢ aidcd by funding support from D¢ptford Challenge Trust. The company w&s able to do a call out to all
local cultural dance groups to perfonn and deliver a workshop as part of a cultural dance f¢stivaL. The
success of the day along with all the other activities and tb¢ increase in hires at Moonshot. W¢ were able
to increas¢ access by 63 %.
Risk Management
The charity's existence is primarily based on its capacity to earn income and fundraise, th¢ Trustees
continually a&sess potential risk to the organisation. Senior staff members manage this process through
direct reporting to th¢ Board at meetings, I to I supervision, and continual monitoring and evaluation of
Project plans and outcomes. The Trustees regularly review the IRIE! Fundraising Strategy and, when
necessary, programmes that may result in financial risk to the organisation, are adjusted; postponed. or
cancelled.
io

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢onrfnMed)
Year ended 31 March 2024
The company has no reserves. This has bKn raised as a matter of pri(rity conc¢n Th¢ organisation airns
to ¢stablish a reserves position and cr¢at¢ a strategy for building reserv¢s tbat provides assurance to
stakeholders that the charity is well managed. through s¢tting a reserves level, maintainins activ¢ly
managing agre¢d Icvcls, and monitoring and reviewing financial and reserves policy.
Financlal review
The principal funding source for the organisation is an amalgamation of management service f¢¢s, Lnndon
Borough of Lewisham Main GranL BA (Hons) fees and Trusts and Foundation grants. COVID-19
impacted and current cost of living crises on the organisation's ability to maintain and1￿ increase its earned
income. How¢v¢r, with the success of our National LA)tt¢ry Community Fund (NLCF) award, which will
support a key worker dedicated to the role of education and communty outreach, earned income from
education programme delivery, hires and partnership w(Tking has started to pick up. We are aiming to
tsrget more long-tum funding bids. We intend to stay abreast of funding opportunities, build and sustain
partnerships. and invest in community cohesion. Grants this year have included, NLCF, Sporting Equals,
London Borough of Culture-Gold5mith's-In Living Memory, and ongoing funding from National tK)ttery
Heritage Fund, London Borough of L£wisham-Main Grants.
The Trnstees are aware that in this uncertain time a level of flexibility has to be adopted while they
consider the wider and long-terni impact of the pandemic, and the cost of living crises on any decisions
taken on b¢half of the charitys ￿ture.
The income for the year is £668,852 This is an increase of £254,005 on the y¢ar befor& The company is
carrying surplus funds of £49,430 for this financial y¢ar. IRIE! recognises the need to continue to closely
monitor the company's income generation targets as part of our Finance Strategy in order to support th¢
next year of operations.
Investment powers policy vand reserves policy:
Statement on investtnent powers and reserves are availablc as required. The aim of the Company is to
maintain an at]nuaE reserve level to meet a minimum of 3 months operational costs, which we are working
towards, however our subsidising of incorn¢. Particularly due to our base at the Moonshot C¢ntre and, LBL
historic failures to recognise this has been Challenging, however we intend to make this a priorty as part of
our change n]anagem¢nt process over the next 2 years.
li

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report Uncorporating the Director's Report) (¢t>nllmued)
Year ended 31 March 2024
Plans for future perlods
Work continues to develop th¢ MA programme, that will focus on the individual artists practice with the
aim being to increase the offff of our accredited training across the international platfomi, as Eighty
percent (800/0) of engagement is on-line and twenty percent (200/ty) in pffson. The womotion of the degree
continues to be a priority as we look to develop more partnerships to encourage feeder programrnes to
support recruitment.
IRIE! will continue to build the profile fi￿ international dialogue engaging with key individuals arts and
educational institutions abroad and in the UK. This has been achieved, and will continue to develop,
through conf¢renc¢4 student & lecturer exchanges and perfomiance. We continue to pursue relationships
that will enable IRIEI to intake international students to the BA (Hons) Diverse Dance Styles course.
The touring perfonnance company undertook a research and developrnent programme, producing a work in
progress entitled GROUNDATION Dancing from the Archives. The work brought together a collection of
West African traditional dances and Jamaican folk dances, that represent social ritual and religious Tltes.
The woik toured in London and Liverpool and was well received. Written feedback was extremely
cncouraging. The work will b¢ developed into a full production for next year. IRIEI dance theatre
perforn]ance company will incre&se the profile of the Irganisation and attract more individllals to OUT
programmes and activities. Operationally, change is necessary to support growth and efficiency and to
strengthen the delivery of the creative, cultural, artistic and community programmes that continue to thrive.
The organisation's community and family programmes will continue to support its gr&ssroots identity. We
are becoming bettff connected to a range of organisations working towards the increasing community
cohesion, engagement and well-being both locally and nationally. The delivery of profe&8ional
development programme4 accredited qualifications, and supporting emerging artists will continue to
feature strongly as part of IRIE! dance theatre's future activitie&
Historically. conllnunity ¢ngagm¢nt has been a k¢y part of IRIE!'s activities. Going forward the charity
wkll Commit to consolidating this arca of work to ¢nsurc sustainability.
12

TRADING AS IRIE! DANCE THEATRE
Company Limfited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢ontiRued)
Year ended 31 March 2024
Plans for future periods (conlinued)
Statement of trustee's responsibllitles:
The Trustees (who are also dir¢ctors of IRIE! dance theatre for the purpos¢ of company law) are
r¢sponsible for preparing the Trustees, Annual Report and th¢ financial statements in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the
trustees to prepare financial statem￿tS for each financial year, which give a true and fair view of the stat¢
of affairs of the charitable company and of the incoming resources and application of resource4 including
th¢ income and ¢xp¢nditure, of the charitable company for that period. In preparing these financial
stat¢ment4 the Trustees are required to..
( ) Select suitable accounting policies and then apply them consistcntly'( ) Observe th¢ methods and
principles in the Charities SORP.
{ ) Make judgments and estimates that are reasonable and prudent
( ) State whether applicable UK Accounting Standards have been followe(L subject to any material
departures disclosed and explained in the financial statements. and { ) Prepare the financial statements on
the going concern basis unless it is inappropriate to presume that th¢ charitable company will Continue in
operation.
The Trustees are responsibl¢ for keeping proper accowiting records, which disclose with reasonable
accuracy at any time the financial position of the charitable company and which enable them to ensure that
the financial statements comply with the Companies Act 2006 and the Charities Act 1993. They are also
responsible for safeguarding the assets of the charitable company and hence for taking reasonabl¢ steps for
the prevention and detection of fraud and other i￿egularlties.
E. Jones & Co are dean¢d to be reappointed in accordance with Section 487(2) of the Companies Act
2006.
Small ¢OD]pany provisions
This report has been w¢pared in accordan¢¢ with the provisions applicable to companies entitled to the
all companies ex¢mption.
The trustees, annual report was approved on 4 December 2024 d si
by..
n behalf of th¢ board of trustees
Mr D Clarke - Treasurer
Trustee
MSB
ean - Secretary
13

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of IRIE!
Year ended 31 March 2024
r¢port to the t￿ste¢S on my ¢xamination of the financial statements of IRJE! (Ihe IRIE! DANCE
THEATRE) for the y¢ar end¢d 31 March 2024.
Responsibilities Vdnd basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible
for the preparation of the financial statements 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 the IRIEI
DANCE THEATRE'S accounts as ¢arri¢d out under section 145 of th¢ 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
Since the IRIE! DANCE THEATRE'S ￿05S income exceeded £250,000 your examiner must be a member
of a body listed in section 145 of the 2011 Act. I confirn] that I am qualified to undertake the examination
because I am a member of the Association of Chartered Certified Accountsnts, which is one of the listed
bodies.
I have completed my examination. I confirni that no matters have come to my attention in connection with
the examination giving me cause to believe..
accounting records were not kept in respect of the IRIE! DANCE THEATRE as required by
section 386 of the 2006 Act. or
th¢ financial stat¢m¢nts do not accord with those r¢cords; or
the financial statements 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 fairf view which is not a
matter considered as part of an independent examination. or
the financial stst¢m¢nts hav¢ not b¢¢n pr¢par¢d in accordan¢¢ with th¢ m¢thods and wincipl
of the Statem¢nt of Recommended Practice f(r accounting and rq)orting by charities applicable
to charities pieparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
14

TRADING AS IRIEI DANCE THEATRE
Company Llmlted by Guarantee
Independent Examiner's Report to the Trustees of IRIE! (¢oftth¥ed)
Year ended 31 March 2024
I have no ¢onc¢rns and have come across no other matters in co[￿ectIon with the examination to which
attention should be drawn in this report in ￿der to enable a proper undastanding of the accounts to b¢
reached.
Darren Smart F.C.C.A.
Independent Examiner
132 Burnt Ash Road
tA)ndon
SE12 8PU
15

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Statement of Finaneia] Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds
2023
Unr¢stricted
fLmds
Total funds
Note
Ineome and endowments
Grants and local authority funding
Charitable activitics
Investment income
30,000
185,741
184
452,927
482,927
185.741
184
204.566
210,178
103
Total incorne
215.925
452.927
668,852
414,847
Expenditure
Expenditure on charitable activities
Total expenditure
146,632
453,000
599,632
410,653
146,632
453,000
599,632
410,653
Net income and net movement in funds
69.293
(73)
69,220
4,194
Reconciliation of funds
Total funds brought fonvard
Total funds carried fonvard
(23,530)
3,740
(19,790)
49,430
(23,984}
(19,790)
45,763
3,667
Th¢ statement of financial activities includes all gains and losses recognised in the year.
All incom¢ and ¢xp¢nditur¢ d¢riv¢ from continuing activities.
The notes on pages 19 to 29 form part of these finvdncial statements.
16

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
ststement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed a&sets
14
49.412
40,145
Current assets
Debtors
Cash at bank and in hand
15
68.417
16,398
33.243
8,512
84.815
41,755
Creditors: amounts falling due within
one year
16
35.552
31.812
Net current assets
49,263
98,675
9,943
50,088
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
Net assets
17
49,245
49,430
69,878
(19,790)
Funds of the charity
Restricted funds
Unrestricted funds
3,667
45,763
3,740
(23.530)
(19,790)
Total charity funds
19
49,430
For the year ¢nding 31 March 2024 the IRIE! DANCE THEATRE was entitled to ¢x¢mption from audit
under section 477 of th¢ Companies Act 2006 relating to small compani¢8.
Directors, responsibiliti¢s'.
The members have not r¢quird th¢ company to obtain an audit of its financial statements for the y¢aT
in question in accordance with s¢ction 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of financial ststem¢nts.
Th¢s¢ financial statements have been prepared in accordanc¢ with the wovisions applicable to companies
subject to the small compani¢s' r¢gim¢.
The statement of financial position
continues on the following page.
The notes on pages 19 to 29 form part of these financial statements.
17

Company Limited by Guarantee
Statement of Financial Position (¢oNth¥ed)
31 March 2024
These financial statements were approved by th¢ board of trnst¢¢s and authoris¢d for i&8ue on 4 December
2024, and are signed on behalf of the board by:
Mr D Clarke - Treasurer
Trustee
The notes on pages 19 to 29 form part of these financial statements.
18

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantse
Notes to the Financial Statements
Year ended 31 March 2024
General information
The IRIEI DANCE THEATRE is a public benefit entity and a private company limited by guarantee,
registered in England and Wales and a register￿ charity in England and Wales. The addT¢ss of the
Tegistered office is Moonshot Centr¢, Fordham Park Angus Street, New Cross, London, SE14 6LU.
Statement of compliance
Th¢s¢ financial statements have been prepared in compliance with FRS 102, The Financial Reporting
Standard applicable in the UK and the Republic of Ircland,, the Statement of Recommended Practice
applicable to charities pr¢paring their accounts in accordance with th¢ Financial Rcporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the
Companics Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of c¢rtain fllw]cial &wts and liabilities and investment properties measured at fair value
through income or expendittjre.
The financial statements are prepared in sterling. which is the fimctional currency of the entity.
Going contrrn
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity satisfies tbe criteria of being a qualifying cntity as defined in FRS 102 As such, advantage
has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:
(a) No cash flow statement has been presented for the company.
(b) Disclosures in r¢spe¢t of financial 1nstrL￿ents have not been pr¢s¢nt¢d.
19

tRtE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (¢onlinwd)
Year ended 31 March 2024
Accounting policies (¢onliftued)
Judgements and key sources of estimation uncertainty
The preparation of th¢ financial statements requires management to make judgements, estimates and
a&sumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factor4 including expectations of future events that
are believed to be r¢asonabl¢ under th¢ circumstanc¢s.
Significant judgements
The judgements (apart from those involving estimations) that management has made in the process of
applying the entity's accounting policies and that have the most significant effect on th¢ amounts
recognised in the financial statements are as follows:
Management have judged depreciation rates to be in line with the use of the a&8ets.
Fund accounting
Unrestricted funds are available use at the discretion of the trustees to further any of the charity's
purpose
Desi￿ated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or t]rough the
ternis of an appeal, and fall into one of two sub-cla&8es: restricted income funds or endowment funds.
zo

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notss to the Financial Statsments (continued)
Year ended 31 March 2024
A¢¢ounting policies {¢oftliNued)
Incomlng resourees
All incoming r¢sourccs ar¢ included in the statement of financial activities when entitlement has
passed to the charity. it is Probabl¢ that the economic b¢ncfits associated with the transaction will
flow to th¢ ¢haTity and th¢ amowit can bc reliably measured. The following sp¢cific policies are
applied to particular categories of income:
income from donations or grants is r¢cognised when thffe is evidence of entitlement to the gift,
receipt is probable and its amount can be m¢asured rcliably.
legacy income is re£ognised when r¢c¢ipt is probabl¢ and ¢ntitl¢ment is established.
incom¢ from donated goods is measured at the fair value of the goods unless this is iM￿actIcal
to measure reliably, in which c&se the value is derived from the cost to the donor or the
estimated resale value. Donated facilities and services are recognised in the accounts when
received if the value can be reliably measured. No amounts are included for th¢ contribution of
general voluntee
income from Contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified &s unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. in which case it
may b¢ regarded &s rcstricted.
Resources expended
Exp¢nditur¢ is r¢cognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovere(L and is classified under headings of the statement of financial
activities to which it relates:
expenditure on raising funds includes th¢ costs of all fundraising a¢tiviti¢s, ¢v¢nts,
non-charitable trading activitie4 and the sale of donat¢d goods.
expenditur¢ on ¢haritabl¢ activitics includes all costs incurred by a charity in undertaking
activitics that further its clwtiable aims f(r the benefit of its beneficiaries, including those
support costs and wsts r¢lating to th¢ governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither r¢lat¢d to raising funds for th¢ charity
nor part of its expenditure on charitable activitie&
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they Contribute to on a reasonable, justifiable and consistent basis.
21

TRADING AS IRIE! DANCE THEATRE
Company Limlted by Guarantee
Notss to the Financlal Statements (¢OnlinMed)
Year ended 31 March 2024
Accounting polieles (colllinued)
Tangible assets
Tangible a￿etS are initially r¢corded at cost, and subsequently stated at cost less any accumulated
depreciation and impairnient losses. Any tangible assets carried at revalu¢d amounts are recorded at
the fair valu¢ at the date of revaluation l¢ss any subsequent accun]ulat¢d d¢preciation and subsequent
accumulated impairment losscs.
An incr¢as¢ in the carrying amount of an asset as a result of a revaluation. is r¢cognised in other
rccognised gains and losse& unless it reverses a charge for impairnient that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is r¢cognised in other recO￿lS¢d gains and losses,
except to which it offsets any previous revaluation gain, in which case the lo&s is shown within other
recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost (r valuation of an &sset, less its residual value,
over the useful economic life of that asset as follows:
Fixtures and fittings
210/0 reducing balance
IMpairn￿llt of fixed assets
A review for indicators of impairnient is carried out at ¢ach reporting dat4 with the T¢rov¢rable
amount b¢ing estimated where such indicators exist. Where the carrying value exceeds the
Tecoverabl¢ amounL the a&8et is impair¢d accordingly. Pri(r impairments ar¢ also reviewed for
possible reversal at each reporting date. For the pw)0ses of impairnient testing, when it is not
possible to estimate the recoverable amount of an individual asset, an estimate is made of the
recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is
the smallest identifiabl¢ group of assets that includes th¢ ass¢t and generates cash infiows that largcly
independent of the cash inflows from other a&8ets or groups of assets.
Government grants
Government grants are recognised at the fair valu¢ of the asset received or receivabl¢. Grants are not
recognised until th¢r¢ is reasonable assurance that th¢ IRIE! DAN￿ THEATRE will comply with
the conditions attaching to them and the grants will be received.
Where the grant does not llnpos¢ Specifi￿ future perforn]anCe-r¢1at￿ conditions on the recipienL it is
recognised in income when the grant proceeds are received or receivable. Where the grant does
impose specified futur¢ perforniance-related conditions on the recipient, it is recognised in income
only when the perfomiance-related conditions have been met. Where grants received are Erior to
satisfying the revenue recognition criteria, they are recognised as a liability.
22

TRADING AS llUE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Flnancial Statements I¢oA¢IAued)
Year ended 31 March 2024
Accountlng pollcfies (continued)
FiDanciYdl instrun￿￿t5
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in
the assets of the entity after deducting all of its financial liabilities.
Llmited by guarantee
IRIE is a company limited by guarant¢¢, gov¢rn¢d by its Memorandum and Articl¢s of Association
dated August 1991. The Charities Commi&sion registers the company as a Charity. Anyone over the
age of 18 can become a trusteeldirector of the company and there are currently 7 trusteesldirectors,
each of whom agree to contribute £5 in the event of the Charity winding up.
Grants and local authority funding
Unrestricted
Fun(Ls
Restricted Total Funds
Funds
2024
Grants
Community grants
tncal authority grants
452,927
452,927
30,000
482,927
30,000
30,000
452,927
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Grants
Community grants
Local authority grants
174,566
174,566
30,0(K)
30.000
30,000
174,566
204,566
23

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notss to the Financial Statements (contyn￿￿J
Year ended 31 March 2024
Charftable aetfivltfies
Unrestricted Total Funds Unrcstricted Total Funds
Funds
2024
Funds
2023
Education and communication income
Moonshot space hire
Other earned income
Moonshot management income
Roehampton University - Student fees
18.038
40,605
11,312
59,848
55,938
18,038
40,605
11,312
59.848
55,938
29,598
35,940
8,699
58,478
77,463
29,598
35,940
8,699
58,478
77,463
210,178
185,741
185,741
210,178
Investment incon
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
184
184
103
103
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Direct charitable expenditure
Support costs
139,232
7,400
448,000
5,000
587,232
12,400
146,632
453,000
599,632
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Dir¢ct ¢haritsbl¢ ¢xp¢nditur¢
Support costs
228,804
7,283
174,566
403,370
7,283
236,087
174,566
410,653
24

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Iyotes to the Financial Statements (coNlin¥¢d)
Year ended 31 March 2024
Expenditure on charitable activities by activity type
Activitk¢s
undertaken
directly Support costs
Total funds
2024
Total fund
2023
Direct charitable expenditute
Gov¢rnanc¢ costs
587,232
587,232
12,400
403,370
7,283
12,400
587,232
12,400
599,632
410,653
10. Net income
Net income is stated after ¢harging/(crediting):
2024
2023
Depreciation of tangible fixed assets
13,134
11,192
11. Independent examination fees
2024
2023
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,260
1,260
12. Staff costs
The total staff costs and employee b¢n¢fits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
211,092
189,461
The average head count of employ¢¢s during the year was 8 (2023: 3). The average number of
full-time equivalent employees during the year is analysed as follows..
2024
2023
Finance, administration and support
Dir¢rt
No employee received employee benefits of more than £60,000 during the year {2023: Nil).
25

TRADING AS IRIE! DANCE THEATRE
Company Limitsd by Guarantee
Notss to the Financial Statsments (¢oMliNued)
Year ended 31 March 2024
13. Trustee remuneration and expenses
One or more trustees has been paid remuneration from employment with Ihc Charity.
R¢muneration to a trustee is agreed at the annual trustees meeting at the start of the year.
A total gross salary of £34,920 (2023: £39,659) was paid to Ms B Glean during the year as CEO, AD
and secretary to the board, with no voting rights.
14. Tangible fixed assets
Fiitures and
rittings
Cost
At l April 2023
Additions
159,484
22,401
At 31 March 2024
181,885
Depreciation
At l April 2023
Charge for the year
At 31 March 2024
119,339
13,134
132,473
Carrying amount
At 31 Mareh 2024
49.412
At 31 March 2023
40,145
15. Debtors
2024
2023
Trade debtors
Oth¢r debtors
65,624
2,793
29,684
3,559
68,417
33,243
26

TRADING AS IRIE! DANCE THEATRE
Company Limlted by Guarantee
Notes to the Financial Statements (¢oM¢thued)
Year ended 31 March 2024
16. Creditors: vamounts falling due Ivfithln one year
2024
2023
Bat)k loans and overdrafts
Trade creditors
Social security and other tsxes
Other creditors - pension
Other creditors
27,144
5,528
567
2,310
21,550
6,760
1,192
2,310
35,552
31,812
17. Creditors: amounts falling due after more than one year
2024
2023
Director loan accounts
Other creditors
9,000
40,245
15,000
54,878
49,245
69,878
18. Government grants
During th¢ year th¢ charity received a range of community fundins We wish to express our thanks to
th¢ following entities for their support.
National Lottery Conununity Fund
Clothworkcrs Foundation
Foyle Foundation
Arts Council
Lewisham Council
National Heritage
27

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
19, Analysis of charitgble funds
Unrestrlcted funds
At
JI March 202
At
l April 2023
Income Expenditure
General funds
(23,530)
215,925
(146,632)
45,763
At
31 March 202
At
l April 2022
Income Expenditure
General funds
(27,724)
240,281
(236,087)
(23,530)
Restricted funds
At
JI March 202
At
l April 2023
Income Expenditure
Restricted Fund - London community
DCT and Young Londoners Fund
3.740
452,927
(453,000)
3,667
At
31 March 202
At
l April 2022
Incom¢ Exp¢nditur¢
Restricted Fund - LK)ndon community
DCT and Young Londoners Fund
3,740
174,566
(174,566)
3,740
28

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (coM¢iAutd)
Year ended 31 March 2024
20. Analysis of net assets betiveen funds
Unrestricted
Funds
R¢stri¢ted Total Funds
Funds
2024
Tangible fix¢d a&s¢ts
Cu￿ent assets
Creditors less than l year
Creditors great¢r than l year
Net assets
49,412
81,148
(35,552)
(49,245)
45,763
49,412
84.815
(35,552)
(49,245)
49,430
3,667
3,667
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
40,145
38,015
(31,812)
(69,878)
(23,530)
40,145
41,755
(31,812)
(69,878)
(19,790)
3,740
3,740
29