COMPANY
REGISTRATION
NUMBER:
02636958
CHARITY REGISTRATION NUMBER: 1003947
IIUE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Financial Statements
For the year ended
31 March 2025
R. E. JONES & CO.
Chartered accountants
132 Burnt Ash Road
Lee
London
SE12 8PU

IIUE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trnstees, annual report (incorporating the directoes report)
Independent examiner's report io the trustees
12
Statement of financial activities (including income and expenditure account)
14
Statement of financial position
15
Siatement of cash flows
17
Noles to the financial statemenls
18

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial stalements of th¢ IRIE! DANCE THEATRE for the year ended 31 March 2025.
Reference and administrative details
Registered charity name
IRIE!
Charity registration number
1003947
Company registration number 02636958
Principal office and registered Moonshot Centre
orrice
Fordham Park Angus Sireet
New Cross
London
SE14 6LU
The trustees
Mr H Beckles - Chair
Mr D Clarke - Treasurer
Ms B Glean - Secretary
Ms S Montserrat
MT P Ryan
Mr J Jeffers- Chair
Ms K Hurst
(Resigned 19 March 2025)
(Appoinled 6 January 2025)
(Appointed 6 January 2025)
Company secretary
Ms B Glean - CEO & AD and Secretary to the Board
Independent examiner
Darren Sman F.C.C.A.
132 Burnt Ash Road
Le¢
London
SE12 8PU

IRIE!
TRADING AS IIUE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Structureg governance and management
The Trustees present their report and th¢ financial statements for the year ended 31 March 2025. The
trnslees, who are also Directors of IRIE! (Trading as IRIE! Dance Theatre) for the purposes of company
law, and who served during the year and up to the date of this rq)ort.
Objectives and actlvities
Mission Statement
Our mission is to deliver and sustain a range of creative, educational and artistic activities based on stimuli
derived from Africa and ihe Caribbean. Our vision is to create an environment where Danc¢ of the African
Diaspora (DAD) is ￿llY integraied into the teaching and practice of the wider dance agenda, making the
forn] important lo individuals, cominunilies and society.
The company aims to promote culture and diversity through outreach, engagement through its touring
perfonnance company and inspired partnerships. Our broader aim is lo develop and deliver a range of
creative and diverse activities for all Éhat 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 201 I Charities Act.
Structure? governance and management
Governing Document
IRIE! is a company limited by guarantee, governed by its Memorandum and Articles of Association dated
August 1991. The Charities Commission registers the company as a Charity. Anyone over the age of 18
can become a member of the coillpany and there are currently 5 members, each of whom agree to
contribute £5 in the event of the Charity winding up.
Appointment of Trnstees
Trustees are asked to nominate new Trustees prior to the AGM. The Trustees are also ¢ntiiled to co-opt
specialist Trustees, wilh 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 advice but are unable, because of other cominitments, to become full members.
Invitations for s¢lf-nominalion are distributed to similar charities locally. Advisors are asked to to attend
Board and other meetings as deemed appropriate by the Board.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (coniintsed)
Year ended 31 March 2025
Current Members of the Board
Joseph J¢ff¢rs
Desmond Clarke
Beverley Glean
Sheba Montserral
Pauletle Ryan
Kellie Hurst
Chair
Treasurer
Secretary (no voting rights)
Truste¢
Trustee
Truslee
Trustee's Induction, Training and Operational Obligations
Afier a fonnal interview with senior management and subsequent review by Chair and Vice Chair.
Potential Trustees are asked to attend an IRIE! Board meeting prior to deciding whether they wish lo take
on this voluntary role. New Trustees are inducted into the company through a ineeting with a Senior
Officer. They are also Tequired to attend al least one board meeting prior to confinnation. This provides
prospective Trnstees and Direclors with an overview of the organisation, its activities and objectives and
infornis them of their legal obligalions under 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 th¢ir undertaking as a TrusieelDiTector.
Operating Model
The Board meets a minimum of 4 tin]es per year. It is expected that all Trustees/Directors will attend all
Board meetings and contrlbute to the appropriale governanc¢ of the organisation, whether in/at meetings or
outside of meetings. If a Trustee/Director is unable to altend a Board meeting they are expected to send an
apology. If a TrnsteelDirectoi fails to send an apology to two consecutive ineetings in a year or ih¢y fail to
attend 3 consecutive ineetings ihey will be subject lo compulsory resignation.
The Chief Executive Officer & Artistic Director (CEO & AD) is appoinled 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 continue to encapsulate and reflect the company's mission statement. The
CEO & AD delegates authority, approved by the trustees, to a Senior Management Te￿n, which comprises
the Director of Accredited Training and Business Director (post vacant) who support the CEO & & AD in
the day to day managing of operational matters including finance, building management, employmenl,
education & community outreach, and artistic perforniance related activities.
Eighty five percent (85 /0) of the work undertaken by the company from April 2024 to March 2025 took
place in the London Borough of Lewisham (LBL). The work of the company is rooted in Caribbean folk
dance, music and culture as well as Wesl African traditional dance, drumrning and culture. These traditions
influence the overall planning and delivery of the prograinmes alongside oiher historical and

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {c&niinuedJ
Year ended 31 March 2025
contemporary local, cultural and social issues.
IRIE! is strongly embedded in the community and has professional relationshtps with a number of related
local organisalions and institutions including, The Midi Music Company. The Albany- Goldsmiihs
University; Phoenix Federation Schools. Lewisham Education Arts Network; Lewisham Homes and the
Migration Museum to name a few. Community cohesion and engagement will continue to be key to th¢
cornpany's development and delivery.
IRIEI is based at the Moonshot Centre, where the company currenily hold a Premises Management
Agreerneni for the building, sinc¢ 2017 on behalf of London Borough of Lewisham. The building is based
in Fordham Park in New Cross, which provides ideal Su￿oUnd1ngS and resources for ¢ominunity-based
activities, in-doors and out-doors, which is beneficial to the organisalion's development. Our space and
activities provide favourable programmes and conditions for children and young people to engage wilh the
company and for the company to connect with and understand Ihc needs of the coinmunity in which it
serves. We assess those needs through regular monitoring & ¢valuation, questionnaires and anecdotal
feedback.
Funding Partners
The company's success in securing three-year funding from the National Lottery Community Fund
(2022-2025) has been invaluabl¢ in supporting ils users, the local community, creative practitioners. and its
workforce throughout th¢ financial year. This funding has played a key role in sustaining IRIEI,
programmes and maintaining their continuity.
The company's deep connection with the community remains intrinsic to every aspect of its practice and
service delivery. As such, the ethos of lRIE!'s activities continue to guide all that we do as we move
fonvard. With this funding cycle approaching its end, the team has begun the process of reviewing current
programmes, as well as researching and applying for alternative funding opportunities to ensure the
ongoing delivery and impact of our work.
In April 2023, IRIE! dance theatre was awarded Arts Council England National Portfolio Organisation
(NPO) funding for three years (2023-2026), with an additional y¢ar (2026-2027) subsequently confirn)ed
by ACE. This award supports the re-introduction of th¢ p¢rforn]anc¢ company through a research and
development process, culminating in the touring of a new work entitled GROUNDATION: Dancing from
the Archive. The funding also underpins key areas of organisalional development, including good
governance, succession planning, restructuring, community centre development, and the creation of work
for and with graduates and emerging artists.
Local Authority funding from the London Borough of Lewisham (2023-2026) is also approaching review.
This ongoing support has b¢¢n, and continues to be, instrumental in enabling IRIEI to deliver socially
engaged and creative projects that benefit residents across the borough.
Reserves Policy
The T￿sleeS aim to mainlain a level of reserves to ensure that contrdctual commitments to staff and
suppliers can b¢ m¢t in ih¢ event of a sudden change, or loss, in funding.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (conlinued)
Year ended 31 March 2025
Policies on investmenl pow¢rs and reserves are available as required. The aim of the Company is lo
maintain an annual reserve level to ineet a minimum of 3 months operalional costs.
Objectives and activities
Key Partnerships
London Borough of Lewisham:
IRIE!'s partnership with the London Borough of Lewisham remains strong and continues to develop
positively. The company is an active member of the borough's Cultural Siralegy Partnership, conlributing
feedback lo the forthcoming stralegy document. Discussions around IRIE!'s managemenl agreement with
the borough are ongoing. IRIE! parlicipated in Lewisham's first SEEN Festival, celebraling global majority
creatives, and proudly launched Black History Month with GROUNDATION: Dancing from Ihe
Archive-an event attended by Brenda Dacres (Mayor of Lewisham) and the Deputy High Commissioner of
Jamaica.
Goldsinith University of London=
The partnership with Goldsmiths continues to strengthen through successful collaboralions with the
Community Engagement and Theatre and Perfonnance {TAP) teams. Joint initiatives have included
volunteer prograinines, Open Days, workshops, and Museum Lates at the Horniman Museuin featuring the
perforniance company. We look fonvard to further cornmunity and academic collaborations.
N¢sta:
IRIE! has entered y￿r five of its Cultural Impact Agreement with Nesta, which now concludes in March
2026, following an agreed loan holiday during and after COVID-19. Figurative (fonnerly a division of
Nesta) continues to provide support, with quarterly check-ins ensuring effective programme delivery and
organisational stability amid ongoing economic challenges such as the cost-of-living crisis.
Main activities for the year
The work of the organisation remained steady especially via funding from National Lottery Community
Fund (NLCF) for the Moonshot Community programme. This continues to support the post for Education
and Community Engagement Coordinator, Administrator and Facilities Officer. The award supports the
company's service delivery, in the areas of education, outreach and community ¢ngagement and develop
prograrnmes alongside our LBL main grants programme. Arts Council England, National Portfolio
Organisalion funding has enabled the reintroduction of the perfomiance company and infrastrncture
d¢v¢lopment for the organisation.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (coniinued)
Year ended 31 March 2025
Objectives and activities {conlinuedJ
Main activitkes for the year cont...
Workshops
The workshop programrne continues to develop and expand, fostering new cominunity relationships,
partnerships, and venue hires.
We have successfully delivered an increased range of free and affordable community classes, led by a
diverse team of tutors representing a wide range of ages and eihnic backgrounds, ensuring broad appeal and
accessibility across the community.
Youth Dance Company
The Youth Dance Company continues to grow in popularity, attracting many young participants from our
local partner schools, the majority of whom are of Caribbean and Wesl African heritage. The company
primarily focuses on traditional Wesl African dance, a genre that has proven both engaging and successful.
While attendance has dipped slightly due to several older members transitioning to secondary school,
overall participation rernains sleady, with 12-18 young people attendtng weekly sessions. We are
particularly encouraged by the enthusiasm, commitmenl, and ongoing support shown by parents and
guardians, whose involvement coniinues to strengthen the group's sense of community and continuity.
Community Engagement
A thriving cominunity programme continues to encourage local r¢sid¢nls and grassroots organisations to
hire our facilities and d¢liver their own sessions. Long-tenn partners such as Both Dance and the Church of
Pentecost demonstrate the value and sustainability of this approach. The diversity of our community is
reflected across all 8SP¢Cts of IRIE!'s work-from our delivery team and students to volunteers and
beneficiaries. Th¢ combined strengths, skills, and lived experiences of ihose involved continue lo enrich
our programmes and enhance their iinpact.
Our monitoring, evaluation. and participant feedback highlight the positive difference IRIE! inakes to the
community. Participants frequ¢nily report that our evenls and activili¢s make them feel happier, healthier,
and more connected, improving both physical and menlal wellbeing and building confjdence. We recognise
the importance of listening io our community, observing what works well, and reviewing areas for
improveinent. Where sessions are less well attended, we seek feedback to infomi actions such as increased
promotion, rescheduling, or cancellation.
We ar¢ also aware of the challenges many face due to the Cost-of-Living Crisis and ih¢r¢for¢ remain
committed to providing free and affordable opportunities within a welcoming, in¢lusiv¢, and supportive
space.
Work Streams
IRIE!'s delivery and operational programmes are structur¢d across four key work streams. Arts & Culture:
Touring productions; professional development. Making Tracks-routes lo employment." Education &
Training: Accredited tratntng. education packages. advanced training scheines., Cominunity & Wellbeing:
Cultural exchange. community evenis. volunteering., Operalions: Delivering effective, professional, and
efficient services to build a robust and resilient organisation, includtng HR, Finance and Fundraising> IT,
Marketing and Communications, Social Media, and Facilities. To strengthen operations further, we will
continue to refine and embed our organisational priorities in ihe following areas..

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {conlinued)
Year ended 31 March 2025
Objectives and activities (conlillued)
Board Development
A comprehensive Board Developinent Plan is in place. A skills audit of current Board inembers has been
compleled, and recruitment, induction, and training procedures have been reviewed. Work continues to
strengthen Board policies, strategic planning, compliance, and risk management.
Succession Planning Artistic Director/CEO
Succession planning remains a key priority to ensure continuity of leadership, particularly for founding
roles, ideally planned 2-5 years in advance. Progress has been delayed as the organisation manages ong70ing
growth and structural change, bul this process will ensure the foundeT'S experience is aligned with IRIE!,
evolving stralegic and business goals.
Improving Business Efficiency
We are developing7 a coherent organisational strategy, incorporating adjustments to the staffing structure,
delivery functions, and an outcome framework focused on impact. The change management and
restructuring process is now in Phase 2, with the new staffing structure implemented and work underway to
produce an updaled Business Plan and strategic frameworks. IRIEI,
leadership role in Danc¢ of the
African Diaspora (DAD) remains as vilal as ever. With nearly 40 years of expertise in delivering
high-quality dance education and training, IRIE! has built extensive community networks and strong
partnerships with Lcwisham Council, Goldsmiihs University, local schools, and key stakeholders. These
slrengths ar¢ being captured and r¢fin¢d ihrough our Th¢ory of Chang¢ process with miste¢s and staff. This
framework enables us lo def)ne clearly what we aim to achieve and how we will achieve it, mapping short-,
medium-, and long-tern] goals, outputs, and impact.
Marketing & Publicity
Our Marketing and Communications Strategy is under active review to enhance visibility and engagement
aeross all platfonns. This includes the promotion of activities and services, student recrnitment, and lh¢
elevation of IRIE!'s profile within ihe professional dance sector. A consistent and integral¢d approach
across digilal, prinl, and social media will ¢nsur¢ stn)ng messaging and brand alignment. Ongoing
monitoring and evaluation will help maintain quality and coherence across all work str¢ams.
The Moonshot Centre Management:
Since 2017, IRIE! has managed the Moonshot Centre under a Premises Management Agreement with
Lewisham Council. We continue to work collaboratively with the Council to maintain and improve the
building, addressing long-standing issues and ensuring compliance with safety and regulatory standards.
The Council's £800,000 investment in 2024 to replace the roof inarked a major milestone in the Centre's
upkeep. Building management continues to present challenges, particularly in liaising with ienants on
service costs, but IRIEI remains fully committed to effective facility management. We work closely with
Playhouse Community Nursery and Double Jab Boxing Club to ensure compliance, mainlain good
communication, and deliver tiinely repairs.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) Iconiinu¢dJ
Year ended 31 March 2025
Strategic report
The following sections for achievements and perfonnance and financial review forn] the strategic report of
the IRIE! DANCE THEATRE.
Achievements and performance
To deepen understanding of the company's impact. a s¢ri¢s of m¢asurable outcom¢s were s¢t at the
beginning of the year-many of which align with funder expectations. The results demonstrate significant
progress and community benefit. Improved physical and mental wellbeing.. IRJE! dance theatre engaged
2,000 participants in physical activities through ils cominunity prograinine, exceeding the original target of
1,000. Enhanced educational opportunities and life chances: Over 1,900 children and young people
participated in educalional programmes promoting cultural awareness and identity, surpassing the target of
800.
Increased understanding of culturally diverse dance forn]s'. IRIE! collaborated with six schools,
delivering asseinblies and workshops that engagFed 2,000 pupils in rhythm, dance. and culture-leading lo
ongoing residencies in culturally diverse dance styles.
Volunteering and skills development - community
participants: A total of 54 volunteering opportunities were created, enabling community members to
develop social and creative skills through parlicipatory ev¢nts.
Volunteering and skills developinenl
students and graduates.. 28 opportunities were offered to IRIE! students and graduales, including
placemenls with the Perfonnance Company and Youth Dance Coinpany, as well as volunteering across
community programin¢s.
Increased access to activities al the Moonshot Centre and Fordham Park: IRIE!'s
Annual Family Fun Day altracled over 650 participants, alongside a Cultural Dance Festival featuring local
groups. Combined wilh increascd venu¢ hires, overall community access rose by 65 %, more than doubling
the initial 300/0 target.
Risk Management
The Trustees and senior management team continually assess potential risks to the organisalion,
panicularly those related io income generation and fundraising. Risks are managed through regular board
reporting, one-to-one supervision, and ongoing monitoring and evaluation of all projects and oulcomes.
The Board reviews the Fundraising Strategy regularly and mak¢s adjustments to programmes Ihal inay
present financial or op¢ralional risk, including poslponemenl or cancellation when necessary.
The organisation currently holds no financial reserves, which has been identified as a priority concern. A
Reserves Strategy is being developed to establish, mailltain, and actively manage a sustainable reserves
position-PToviding stakeholders with confidence that the charity remains financially stable and well
governed.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (coNiinued)
Year ended 31 March 2025
Financial review
The organisation's principal funding sources comprise management service fees, the London Borough of
Lewisham Main Granl, MA/BA (Hons) course fees, and Trusts and Foundation grants. The ongoing
cost-of-living crisis continues to affect the organisation's ability to sustain or grow earned income.
However, the National Lottery Con]munity Fund (NLCF) award continues to support a key education and
community outreach role.
Income from education programme delivery, venue hires, and partnership projects has increased, and we
are now focusing on securing longer-terni funding. We remain comjnitted to pursuing new funding
opportunilies, strengthening partnerships, and investing in community Cohesion. Our main grants this year
have been received from the Ans Council England and the NLCF.
The incom¢ for the year is £647,743 This is an decrease of £21,109 on the year before. The company is
carrying surplus funds of £44,939 for ihis financial year. IRIE! recognises the need to continue to closely
monitor the company's income generation largels as part of our Finance Strategy in order to support the
next year of operations.
Investment poivers policy and reserves policy:
Statement on investment powers and reserves are availabl¢ as r¢quir¢d. The aim of th¢ organisation is to
mainlain an annual reserve l¢vel to m¢¢1 a minimum of 3 months operational costs, which we are working
towards.

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {¢ohtihued)
Year ended 31 March 2025
Plans for future periods
We will continue to work on ihe development of the MA Programme, which will focus on the individual
artist's practi¢¢ and aim lo expand IRIEI'S accredited training off¢r internationally. With 80% of
engagement delivered online and 200/0 in person, promotion of the degree remains a priority as we build
partn¢rships and feeder programmes to support recruitment.
IRIE! will continue to strengthen its inlernational profile by fostering dialogue with key individuals, arts
and educational institutions both in the UK and abroad. This is being achi¢ved through conferences,
exchanges, and perforn]ances, paving the way for increased international student intake lo the BA {Hons)
Diverse Dance Styles course.
The perfonnanc¢ company completed a research and development phase for GROUNDATION.. Dancing
from the Archives, which explored West African and Jamaican folk dances reflecting social and spiritual
tradilions. The tour in London and Liverpool was well received, with highly positive feedback. The work
will be developed inio a full produclion next year, ¢nhancing IRIE!'s profile and engagement.
Operationally, the oiganisation continues to evolve to support growih, efficiency, and quality across
creative, cultural, and community prograrnmes. IRIE!'s coinmunily and family programmes will remain at
the heart of its work, reinforcing its grassroots id¢nlity. The charity is committed to building slronger
connections with partners promoting community cohesion, engageinent, and well-being. while conlinuing
to invest in professional dev¢lopm¢nt, accredited training, and emerging artists.
io

TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Trustees, Annllal Report Uncorporating the Director's Report) {colltinued)
Year ended 31 March 2025
Plans for future periods (¢ontillued)
Statement of trustee's responsibilities:
The Trustees (who are also directors of IIUE! dance theatre for the purpose of company law) are
responsible for preparing the Trustees, Annual Report and the financial stalements in accordance with
applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the
trustees to prepare financial statements for each financial year. which give a true and fair view of the state
of affairs of the charitable company and of the incoming resources and application of resources, including
the income and expenditur¢, of the charitable company for that period. In prep￿ing these financial
statements, the Trustees are required to:
( ) Selecl suitable accounting policies and then apply them consist¢ntly'( ) Observe the methods and
principles in the Charities SORP.
( ) Make judgments and estimates that are reasonable and prudent
( ) State whether applicable UK Accounting Standards have been followed, subjeth lo 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 the charitable company will continue in
operation.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable
accuracy at any time the financial position of the charitable company and which enabl¢ Ihem to ensure that
the financial statements comply with the Compani¢s Act 2006 and the Charities Act 1993. They are also
responsible for safeguarding the assets of the charitable company and hence for taking Teasonable sl¢ps for
the prevention and detection of fraud and other irregularities.
R.E. Jones & Co are deemed to be reappoinled in accordance with Section 487(2) of th¢ Companles Act
2006.
Small company provisions
This report has b¢en ￿epared in accordance with the provisions applicable to companies enlitled to the
small companies exemplion.
The trust
by..
report was approved on l November 2025 and signed on behalf of the board of trusiees
Mr D Clarke - Tr¢&surer
Trustee
Ms B Glean - Secretary
Trustee
11

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Llmited by Guarantee
Independent Examiner's Report to the Trustees of IRIE!
Year ended 31 March 2025
report to Ihe trustees on my examination of the financial statements of IRIE! ('the IRIE! DANCE
THEATRE,) for the year ended 31 March 2025.
Responsibilities and 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 ihe Companies Act
2006 ('Ih¢ 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Acl and are eligible for independeni exainination, I reporl in respect of my examinalion of the IRIE!
DANCE THEATRE'S accounts as Ca￿led out under section 145 of the Charities Act 2011 ('the 201 l Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 201 l Act.
Independent examiner's statement
Since the IRIE ! DANCE THEATRE'S gross income exceeded £250,000 your examiner musi be a member
of a body listed in section 145 of the 2011 Act. I confimi that I am qualified to undertake the examination
because I am a member of ihe Association of Chartered Certified Accountants, which is one of ihe listed
bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving m¢ cause to believe:
accounting records were not kept in respecl of the IRIEI DANCE THEATRE as required by
section 386 of the 2006 Act. or
the financial statemenls do not accord with those records; or
the financial slatements do not comply with Éhe accounting r¢quir¢m¢nls of section 396 of ihe
2006 Acl other than any requirement that the accounts give a 'true and fair, view which is nol a
matter considered as part of an independellt examination. or
the financial stateinents have noi been prq)ar¢d in accordance with the methods and principles
of the Statement of Recommended Practice for accounting and reporting by charilies applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
12

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of IRIE! {c?nhnued)
Year ended 31 March 2025
I have no concerns and have come across no other matters in connection with Ihe examination to which
attention should be drawn in ihis report in order to enable a proper understanding of the accounts to be
reached.
Darren Smart F.C.C.A.
Independent Examiner
132 Burnt Ash Road
Lee
London
SE12 8PU
13

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2025
2025
Restricted
funds Total funds
2024
Unrestricted
funds
Tolal funds
Note
Income and endoivments
Grants and local authority funding
Charilable activities
Other trading activities
Investment income
30,000
202,708
20,481
394,523
424,523
202,708
20,481
31
482,927
185,741
184
Total income
253,220
394,523
647,743
668,852
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies
Expenditure on charitable activities
Total expenditure
593
257,118
593
651,641
io,ii
394,523
599,632
257.711
394,523
652,234
599,632
Net (expenditure)/income ana net
Jnovement in funds
(4,491)
{4,491)
69,220
Reconciliation of funds
Total funds brought fonvard
Total funds carried fO￿ard
45,763
3,667
49,430
(19,790)
41,272
3,667
44,939
49,430
The stal¢ment of financial activities includes all gains and loss¢s rwognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 18 to 28 form part of these financial statements.
14

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
16
43,246
49,412
Current assets
Debtors
Cash at bank and in hand
17
49,600
,333
68,417
16,398
60,933
84,815
Creditors: amounts falling due within
one year
18
31,423
35,552
Net current assets
29.510
49,263
Total assets less eurrent liabilities
72,756
98,675
Creditors.. amounts falling due after
more than one year
19
27,817
49,245
INet assets
44,939
49,430
Funds of the charity
Restricted funds
Unrestricted funds
3,667
41,272
3,667
45,763
Total charity funds
21
44,939
49,430
For the year ending 31 March 2025 the IRIE! DANCE THEATRE was ¢ntitl¢d io exemption from audit
under section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The meinbers have not required ih¢ Company to obtain an audit of its financial slatements for the year
in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirern¢nts of the Act with
respect to accounting records and the preparation of financial statements.
These financial stal¢ments have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 18 to 28 form part of these financial statement&
15

Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2025
These financi al statements were approved by the board of trust¢es and authorised for issue on l November
2025, and are signed on behalf of the board by..
Mr D Clarke - Treasurer
Trustee
The notes on pages 17 to 27 form part of these financial statements.
16

IIUE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flows from operating activities
Nel (exp¢nditure)lincome
(4,491)
69,220
Adju.slmentsfor."
Depreciation of tangible fixed assets
Other inler¢st re¢¢ivable and siinilar income
Interest payable and similar charges
11,496
(31)
2,087
13,134
(184)
11,447
Changes in..
Trade and oih¢r d¢btors
Trade and oih¢r creditors
18,817
(26,557)
{35,174)
(10,893)
47,550
Cash generated from operations
1,321
Jnterest paid
Interest received
(2,087)
31
(11,447)
184
Net cash (used in)/from operating activilies
(735)
36,287
Cash l]ows from investing activities
Purchase of langible assels
Net cash used in investing activities
(5,330)
(5,330)
(22,401)
(22,401)
Cash flows from financing activities
Proceeds from borrowings
Net cash from/(used in) financing aclivities
1,000
(6,000)
1,000
(6,000)
Net (decrease)lincrease in cash and cash equii'alents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
(5,065)
16,398
7,886
8,512
11,333
16,398
The notes on pages 18 to 28 form part of these financial statements.
17

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 Mareh 2025
General information
The IRIE! DANCE THEATRE is a public benefit entity and a private company limited by guarantee,
registered in England and Wales and a regisiered charity in England and Wales. The address of the
registered office is Moonshot Centre, Fordham Park Angus Street, New Cross, London, SE14 6LU.
Statement of compliance
These financial statements hav¢ been prepared in compliance with FRS 102, 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland,, the Stateinent 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) (Charities SORP (FRS 102)) and the
Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properlies measured at fair value
through income or expenditure.
The financial statements are prepar¢d in slerling, which is the ￿nCtIOnal cU￿encY of the entity.
Going concern
There are no malerial uncertainties about the charity's ability to continue.
Disclosure exemptions
The ¢ntity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage
has been taken of the following disclosure exen]Piions available under paragraph 1.12 of FRS 102:
{a) No cash flow statement has been presented for the company.
{b} Disclosures in respect of fmancial instrumenls have not b¢en presenled.
18

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (coniinued)
Year ended 31 March 2025
Accounting policies (contimued)
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, eslimales and
assumptions that affect the amounts reported. These estimates and judgemenls are continually
reviewed and are based on experience and other factors, including expectations of future events thal
are believed to be reasonable under th¢ circumstances.
Significant judgements
The judgements (apart from those involving eslimations) that management has inade in the process of
applying the entity's accounting policies and that have ih¢ mosl significant effect on the amounls
recognised in the financial stalements are as follows=
Management have judged depreciation rates to be in line with the use of th¢ assets.
Fllnd accounting
Unreslricted funds are available for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestrAcl¢d funds earniarked by th¢ twstees for particular ￿tUre project or
coinmitment.
Restricted funds are subjected to restriclions on their expenditure declared by the donor or through the
lenns of an appeal, and fall into one of two sub-classes: restricted income funds or endowmenl funds.
19

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (Conti￿lled}
Year ended 31 March 2025
Accounting policies (coNtinued)
Incoming resources
All incoining resources are included in the statement of financial activilies when entitlement has
passed to the charity; il is probable that the economic benefits associated with Ihe transaction will
flow to the charity and the ainounl can be reliably measured. The following specific policies are
applied to particular categories of income-
incom¢ from donations OT grants is recognised when there is ¢vidence of entitlement to the gift,
receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
incoine from donated goods is measured at ihe fair value of the goods unless this is impractical
to measure reliably, in which case the value is derived from the cost to Ihe donor or the
eslimated resale value. Donated facilities and servic¢s are recognised in the accounts when
received if the value can b¢ reliably measured. No amounts are included for the contribution of
general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted s¢rvice. This is classified as unrestricted funds unless there is a conlractual
requirein¢nt for it to be spent on a particular PUTpose and returned if unspent, in which case it
may be regarded as restricled.
Resources expended
Expenditure is recognis¢d on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannol b¢ fully recovered, and is classified under headings of the statement of financial
activities to which it relales=
expenditure on raising funds includes the costs of all fundraising activities, evenls,
non-charitable Irading activities, and the sal¢ of donated goods.
expenditure on charitable Octivities tnclvd¢s all costs incurred by a charity in undertaking
activities that further its charilable aims for ihe benefit of its beneficiaries, including those
support costs and cosls relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expendithre that is neither related to raising funds for the charity
nor part of its expenditure on charitable activities.
All costs ar¢ allocated to expenditure categories Teflecting th¢ use of the resource. Direcl costs
attribulable to a single activity are allocated directly to that activity. Shared cosls are apportioned
between the activilies they contribute lo on a reasonable, justtfiable and consistent basis.
20

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements Icontinuedj
Year ended 31 March 2025
Accounting policies l¢otttiMuedJ
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impainnent losses. Any langible assets carried at revalued amounts are recorded at
the fair valu¢ at the dale of revaluation less any subsequent accumulated depreciation and subsequent
accumulated impainnenl losses.
An increase in the carrying amount of an asset as a result of a revalualion, is recognised in other
recognised gains and losses, unless it reverses a charge for impairn)ent that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the caTrying
anlount of an asset as a resuli of revaluation, is recognts¢d in other recognised gains and losses,
except to which it offsets any previous revaluation gatn, in which case the loss is shown wiihin oiher
recognised gyains and losses on ihe statement of financial activili¢s.
Depreciation
Depr¢ciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that assel as follows:
Fixtures and fittings
210/0 reducing balance
Impairment of r￿ed assets
A review for indicators of impairn]ent is carried out al each reporting date, with the recoverable
amount being estiinated where such indicators exist. Wher¢ the carrying value exceeds ihe
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date. For the purposes of impaim]ent testing, when it is not
possible to estimate the recoverable arnount of an individual asset, an estimate is made of th¢
recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is
the smallesl identifiable group of assets thal includes the asset and generates cash inflows that largely
independenl of the cash inflows from other assets or groups of assets.
Government grants
Governm¢nt grants are recognised al the fair value of the asset received or receivable. Grants are not
recognised unlil there is reasonable assurance that the IRIEI DANCE THEATRE will comply with
the condilions atlaching to them and the grants will be received.
Where the grant does not impose specified future perfonnance-related conditions on Ihe recipient, it is
recognised in income when the grant proceeds are received or receivable. Where the grant does
irnpose specified ￿tUre perfonnance-related conditions on the recipient, it is recognised in income
only when the perforniance-related conditions have b¢¢n met. Where grants received are prior to
satisfying the revenue recognition criteria, they are r¢cognised as a liability.
21

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (coniinmed)
Year ended 31 March 2025
Aeeounting policies {conli4ryued)
Financial instruments
Financial liabilities and equity instrnmenls are classified according to the subslance of the contractual
arrangemenls entered into. An equity instwment is any contract that evidences a residual interest in
the assels of lh¢ entity after deducting all of its financial liabilities.
Limited by guarantee
IRIE is a company limited by guarantee, governed by its M¢morandum and Articles of Associalion
dated August 1991. The Charities Commission 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 evenl of the Charity winding up.
Grants and local authority funding
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Grants
Community grants
Local authority grants
394,523
394,523
30,000
30,000
30,000
394,523
424,523
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Grants
Community grants
Local auihorily grants
452,927
452,927
30,000
30,000
30,000
452,927
482,927
22

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (coniinmed)
Year ended 31 March 2025
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Education and cornmunication income
Moonshol space hire
Other earned income
Moonshol management income
Goldsmith, University of London -
student fees
20,206
49,587
8,903
59,848
20,206
49,587
8,903
59,848
18,038
40,605
,312
59,848
18,038
40,605
11,312
59,848
64,164
64,164
55,938
55,938
202,708
202,708
185.741
185.741
Other trading activities
Unrestricted Total Funds Unr¢slricted Total Funds
Funds
2025
Funds
2024
Service charge
20,481
20,481
Investment income
Unr¢slricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interesl r¢c¢ivablc
31
31
184
184
Costs of raising donations and legacies
Unrestricted Total Funds Unr¢stricted Total Funds
Funds
2025
Funds
2024
Costs of raising donations and l¢gaci¢s -
Oth¢r type I
593
593
23

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (conlivued)
Year ended 31 March 2025
10. Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Direct charitable expenditure
Support costs
244,023
13,095
387,123
7,400
631,146
20,495
257,118
394,523
651,641
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Direcl charitable expenditure
Support costs
139,232
7,400
448,000
5,000
587,232
12,400
146,632
453,000
599,632
I l. Expenditure on charitable activities by activity type
Activilies
undertaken
directly Support costs
Total funds
2025
Total fund
2024
Direct charitable expenditure
Governance costs
631,146
631,146
20,495
587,232
12,400
20,495
631,146
20,495
651,641
599,632
12. Net (expenditure)/income
Net (expenditure)lincome is stated after charging/(¢r¢diling):
2025
2024
D¢pr¢ciation of tangible fixed assets
11,496
13,134
13. Independent examination fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,260
1,260
24

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2025
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
229,590
211,092
The average head count of employees during the year was 8 (2024: 8). The average number of
Il-time equivalent employees during the year is analysed as follows:
2025
2024
Finance, adminislration and support
Direct
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
15. Trnstee remuneration and expenses
One or more trustees has b¢¢n paid rcmuneralion from ¢mploym¢nl with the charity.
Remuneration lo a trustee is agr¢ed al the annual trustees rne¢ting at Ihe start of the year.
A total gross salary of £36,776 (2024.. £34,920) was paid to Ms B Glean during the year as CEO, AD
and secrelary lo the board, with no voting rights.
16. Tangible fixed assets
Fixtures and
rittings
Cost
At l April 2024
Additions
181,885
5,330
At 31 March 2025
187,215
Depreciation
At l April 2024
Charge for the year
At 31 March 2025
132,473
11,496
143,969
Carrying amount
At 31 March 2025
43,246
At 31 March 2024
49.412
25

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (contirtued)
Year ended 31 March 2025
17. Debtors
2025
2024
Trade debtors
Other debtors
48,091
1.509
65,624
2,793
49,600
68,417
18. Creditors.. amounts falling due within one year
2025
2024
Trade creditors
Social security and other taxes
Other creditors - pension
Other creditors
Other creditors
14,029
14,403
561
120
2.310
27,144
5,528
567
2,310
31,423
35,552
19. Creditors: amounts falling due after more than one year
2025
2024
Direclor loan accounts
Other creditors
i 0,000
17,817
9,000
40,245
27,817
49,245
20. Government grants
During ih¢ y¢ar the charity received a range of cominunity ￿nding. We wish to express our thanks to
the following entities for their support.
National Lottery Community Fund
Clothworkers Foundation
Foyle Foundation
Arts Council
Lewisham Council
National Heritage
26

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2025
21. Analysis of charitable funds
Unrestricted funds
At
31 March 202
At
l April 2024
Income
Expenditure
General funds
45,763
253,220
(257,711)
41,272
At
31 March 202
At
l April 2023
Incom¢ Expenditure
General funds
(23,530)
215,925
(146,632)
45,763
Restricted funds
At
31 March 202
At
l April 2024
Income
Expenditure
Restricted Fund - London community
DCT and Young Londoners Fund
3,667
394,523
{394,523)
3,667
At
31 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
27

IRIE!
TRADING AS IRIE! DANCE THEATRE
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
22. Analysis ofnet assets behveen funds
Unreslricled
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than l y¢ar
Creditors greater than l year
Net assets
43,246
57,266
(31,423)
(27,817)
41,272
43,246
60,933
(31.423)
(27,817)
3,667
3,667
44,939
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
49,412
81,148
(35,552)
(49,245)
49,412
84,815
(35,552)
(49,245)
49,430
3,667
45,763
3.667
23. Analysis of changes in net debt
At
At l Apr 2024 Cash flows 31 Mar 2025
Cash at bank and in hand
Debi due afier one year
16,398
(9,000)
(5,065)
( 1,000)
(6,065)
11,333
( 10,000)
7,398
1,333
28