2025-03-31-accounts - Siobhan Davies Dance Company

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Trustees Report and Financial Statements

For the year ending 31 March 2025

for

Siobhan Davies Dance Company

Charity Number 1010786 Company Number 02701923

Registered Office

85 St George’s Road, London, SE1 6ER

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Contents Trustees Report............................................................................................................................................2 Regulatory Information................................................................................................................................8 Audit Report................................................................................................................................................11 Statement of Financial Activity.................................................................................................................15 Balance Sheet.............................................................................................................................................16 Cashflow Statement...................................................................................................................................17 Notes to Financial Statements..................................................................................................................18

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Report of the Trustees for the financial year ending 31 March 2025

The trustees are pleased to present their annual trustees’ report together with the financial statements of the charity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association for Siobhan Davies Dance Company, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

Purpose and Public Benefit

“ Dance is a rich and vital force within the arts and society. It cultivates and challenges ideas about how we experience our bodies, articulates emotion and stimulates new ways of thinking. It is an art form in which thought, feeling and action are all contributors to the process of making and are able to be visible in the moving body, producing unusual, unexpected and truly wonderful outcomes.” Siobhan Davies, Founder

Siobhan Davies Dance (SDD) is an artist-led contemporary arts organisation, founded in 1988 by pioneering choreographer Dame Siobhan Davies. SDD has evolved over the years from a national and international touring dance company into a ground-breaking investigative contemporary arts organisation working across art forms and disciplines.

The completion of Siobhan Davies Studios (SDS) in 2006 enabled the company to extend its activities into more cross-disciplinary areas; allowing us to support the making of more work. It is important to us that our home is a destination for independent dance development, exploration and making, hence we are delighted to share this creative space with like-minded organisations such as Independent Dance (ID).

In the last five years, we have renewed focus on bringing marginalised voices to the fore to evolve a broader community of artists, participants, audiences and workers. We engage the public through classes, performances and co-created participatory activities prioritising local communities.

Public Benefit

The Trustees confirm that they have considered the Charity Commission’s general guidance on public benefit, including the guidance ‘Public benefit: running a charity (PB2) in shaping our objectives for the year and planning our activities.

The purpose and aims of Siobhan Davies Dance are for the greater public good; the company devises situations in which dance is recognised as a physical model of thought, one that can be experienced in the moment of its doing and that its choreographic information becomes part of a lasting and transferable knowledge, benefiting practices beyond dance. The company engages the public and stimulates an understanding about choreography and dance, and their contribution to the on-going reconfiguration of ideas, practice and performance within and beyond the arts. The organisation’s learning and participation projects for children and young people employ choreographic tools to deliver child-led kinaesthetic learning in formal and informal education settings that contribute to cross-curriculum learning and skills. Fees and charges for activities are kept low and in most cases entrance to performances and events is free. Siobhan Davies Studios is open to the public with a programme of exhibitions, events and classes accessible to all.

Independent Dance

Independent Dance is SDD’s longest standing partnership. ID continue to lead in the dance sector as delivering one of the most responsive and bespoke programmes for an increasingly broad and international range of dance artists and interdisciplinary practices. Centring learning and collaboration they offer opportunities for training, peer support and artistic enquiry through a range of classes, labs, research initiatives, talks and small-scale festivals as well as through their MA/MFA in Creative Practice co-delivered with Trinity Laban and SDD. Their work to nourish and sustain artistic practices remains a necessity for the sector and directly supports and complements the work that SDD does across the programme.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

ID and SDD work in partnership and are funded by Arts Council England (ACE) as a consortium with National Portfolio Organisation (NPO) funding confirmed until 2026-27. As a partnership, they share many administrative and operational systems including shared offices at Siobhan Davies Studios. There is a commitment to jointly produce artistic works where opportunities arise, and to support each other in our own works as well. We each specialise – ID delivers professional training & development for artists, while SDD focuses on hosting, audience development, participation, performance, work with young people & geographically local communities.

Vision, Mission & Values

Dance and choreography as a uniquely positioned art form for artistic and social change.

We are an organisation that centres artists and the breadth of work they make. We connect artists, neighbours and audiences through investigative, collaborative and creative activities at our Studios in South London and beyond.

We value being…Welcoming, Adaptable, Questioning and Responsible.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Activities, Achievements and Future Plans

April 2025 marks four years since Annie Pui Ling Lok and Kat Bridge succeeded Siobhan Davies as Co-Artistic Directors of the organisation. This 4-year phase has included the positive conclusion of some existing programmes and establishing a vision for the next chapter of SDD, launching new projects and the successful application for continued funding from Arts Council England as a National Portfolio Organisation. Our continuing priority alongside the artistic vision is to deliver a programme that works responsibly and realistically within our capacity and that allows us time to reflect as an organisation.

2024-25 was a generative, stabilising and dynamic year for SDS. Key organisational achievements included:

Intentional fundraising and partnership building - the securing of two modest Southwark Council grants reestablishing a productive relationship with the local council and securing some other smaller grants.
Opening up and connecting out to local and international peers and groups – we began a partnership with IRMO (Indo-American Refugee and Migrant Organisation), became connected into strategic London creative health networks and began active partnership dialogue with several Hong Kong based organisations.
Successfully recruited a new Chair of the Board of Trustees and confirmed Executive Director role as permanent.
Strengthened support for the team with 6-month reviews, recognising BECTU as a union and Initiated support for team members of global majority and who identify as disabled.
Long awaited replacement of Roof Studio which also resulted in some compensation from insurers for unnecessary disruption following previous cancellations and CCTV was replaced to increase security.
We logged approximately 30,000 guests to our activity, primarily at the studios reaching a further 35,000 online.

In order to meet our stated aims, SDD undertakes a range of activities including the commissioning and presentation of new dance works, holding classes and courses for children and adults, providing space and advice and opportunity to dance artists. SDD strives to be inclusive and present work in different spaces that engage a public beyond the traditional dance audiences. SDS is committed to projects embodying our vision of dance for social change, always centring marginalised communities.

BOTH/AND

The BOTH/AND strand comprises activities and intentions that promote encounters between artists, local communities and also with global partners working within and outside of dance. Its focus is on questioning, researching and making, giving space for complex issues and learning, the opportunity for exchange and broadening of experiences alongside the embedded creative health benefits central to our projects.

We launched Space for Action this year which offers free space for community building and/or fundraising to local groups and artists, with 11 individuals and small groups supported this year.

Experience It is our long running programme run for pupils at Charlotte Sharman Primary School, our closest neighbours. Delivery of these classes ran throughout the school year for ten weeks per term, including a performance opportunity in our Roof Studio at the end of each term.

Our regular Creative Contemporary sessions for adults and children continued to be popular including those run by SDD and those run in partnership with the Freestylers and Su Mano Amiga.

We continued to support Freestylers, a group of disability-led neurodivergent artists who run open sessions weekly at the studio.

On a monthly basis, we run classes with local charity Su Mano Amiga, whose focus is on women and non-binary people in the local Latinx community experiencing domestic violence. These classes have been well attended and the sessions for women and children taking place concurrently ensures accessibility.

The NEXT choreography programme offering aritsts aged 16-24 an alternative learning experience to higher education. It was led by Annie Pui Ling Lok and producer/facilitator Nancy May Roberts and this year culminated to 2 days of performances showcasing 26 works around the studios.

Workshops for FEAR, our third annual community performance was overwhelming successful resulting in 50 people performing to a sold out audience in June 2024, 40% of whom lived locally.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

To increase the opportunities, we interact with our local and dance communities, we have begun holding regular season celebrations. This continued in 2024 with Autumn Moon Festival, Winter Disco and Lunar New year events.

BEYOND SDS

Beyond SDS comprises three programmes run in partnership with other institutions attracting specific funding streams dedicated to their delivery.

The MA/MFA in Creative Practice: Dance Professional pathway is led by our ACE Consortium partner Independent Dance (ID) and run in partnership with and with funding from Trinity Laban. The course has been running since 2010 and was revalidated for a further five years in 2021.

NEUROLIVE is an interdisciplinary research collaboration that brings artists, scientists and audiences together to study what makes live experiences special. NEUROLIVE proposes that the experience of liveness is quantifiable as behavioural, psychophysiological and neural entanglement between performers’ and spectators’ minds, brains and bodies. Goldsmiths University is the lead partner, SDD is the artistic partner on this project, providing a base for artistic director Matthias Sperling and producer Iris Chan and hosting all workshops and performances. The project is funded by the European Research Council, with University College London and the Max Plank Institute for Empirical Aesthetics also partners.

This year’s fourth and final commissioned performance took place in the Studios in Autumn 2024 and was well supported by the dance, local and scientific communities. The first research paper was published and the project also featured prominently in a Guardian article about dance and neuroscience. The project is funded through to end September 2025 when final reporting is due.

Moving Out, a digital collage created by R+D Studio with Annie and Jules Cunningham and local participants continued to be screened during opening hours at the Tessa Jowell Health Centre for the whole year as part of out partnership with Dulwich Picture Gallery. .

ARTISTS ALONGSIDE

We are committed to supporting artists on their terms, creating frames/ spaces to co-exist, dance, make, exchange. SDS celebrates how artistic research can be shaped within and be in exchange with diverse communities and audiences.

The cornerstone of our ARTISTS ALONGSIDE strand is provision of studio space for artists to sustain practice, research & develop work, create, rehearse and share. We offer a subsidised rate for independent dancers at 50% discount and in 2024-25 over 123 Artists/ small companies used studio space for a range of dance and arts practices and included research, rehearsal, sharings of work and workshops.

In December 2024, continuing to make space for collective exploration, Annie Pui Ling Lok ran an annual three-day workshop residency, building on the success of the workshops for the past years.

The Artist Archive programme presented 2 new archives from influential Lindy hop artist Angela Andrew and an insight into the UK Garage scene by artist Angel Zinovieff. In the Autumn, an Artist Archive focused day invited exploration personal archives, an open space discursive session to respond to areas of interest and to culminated with a panel discussion between Annie Pui Ling Lok, founder Siobhan Davies and Independent Dance Co-Director, Nathaniel Parchment.

We want our building and its spaces to be a communal resource, a town square in which our extended communities might gather, create and connect. Our Town Square offer is targeted as artists and freelancers and comprises Studio, Co-working, Chats, Listening Circle and new for this year was Rest spaces, offering 53 sessions for participation across this programme.

We also continued to offer short residencies and support for artists within our communities. Notably this year we began to support a CRIT SPACE facilitated by previous / and a residency a sharing of work in progress led by Moyra Silva (Su Mano Amiga Facilitator and Caroline Riekhof in response to the ongoing crisis in Peru to make visible new strategies for cohesion and resilience through art.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

FUTURE PLANNING

We are in active planning for the 20[th] anniversary celebrations to mark 2 decades since SDS opened in 2006. We have projects in development which depart from Siobhan Davies’ seminal work and continue to centre marginalised communities which will commence in Spring 2026. We are hoping to secure capital funding for accessibility improvements to ensure the Studios thrive for the next 20 years as a critical, creative hub for local & global communities.

We will also:

Establish a Community Board and undertake further Trustee recruitment
Underpin governance and team development with support around disability and social justice with OpenEdge who support changemakers to build conflict skills and embed inclusive, compassionate cultures within their organisation
Complete the next phase of the Community courtyard garden
Work towards Sanctuary in Arts status ensuring we keep thinking about our first welcome
Continue to draft and consolidate plans for 2026-2031 with associated partnership building, community co-creation and fundraising actions embedded.

Financial Review

The accounts presented show an improved position on unrestricted activity and funds as well as reflecting our ability to spend down some of our restricted funds now that it is possible to present work again. In addition, each of the programmes in our strand Beyond SDS makes a contribution to the work of the organisation, either by part funding salary costs or guaranteeing studio hire, or both. This is the main driver for the increase in unrestricted reserves this year

Siobhan Davies Studios are treated as a restricted asset in these accounts, valued £3,106,510 (net book value). The Studios carry charges that relate to the funding of the original capital project. There is a fixed and floating charge on the asset of the building by Arts Council, England until 8 June 2024; this relates to Arts Council, England’s capital investment in the original building project. The property is held under lease from Southwark Council for 125 years from June 2004; and the building has a charge by Southwark Council against their regeneration investment in the original building project.

The principal source of funding for the organisation is from Arts Council England, London (ACE) through a revenue grant to SDD and ID as a consortium within the National Portfolio of Organisations. This year we received welcome news that we remain in the portfolio for a further year following the end of the current round of funding (April 2023 to March 2026). The total grant is £1,778,181, with annual funds being £592,727 (SDD's retained £521,659, with a restricted proportion paid to Independent Dance of £71,068 as part of our consortium agreement. This grant is unrestricted but must be managed within the terms of the funding agreement with ACE.

The net surplus for the year amounted to £7,684 (2024 deficit: £30,604). Total restricted funds are at £3,112,450 for the year (2024: £3,181,857), with general reserves (unrestricted and designated funds) now standing at £398.480 and £228,318 respectively (2024: £353,207 and £196,500) with total funds at 31 March 2025 being £3,739,248 (2024: £3,731,564).

Fundraising

The Trustees take their responsibility under the Charities (Protection and Social Investment) Act 2016 seriously and have considered the implications on their activities. The majority of the charity’s fundraising is from Trusts and Foundations. Some donations are received from individuals visiting the dance studios and attending performances. The charity does not actively solicit donations from the general public more widely. The charity does not work directly with commercial participators or professional fundraisers. The Trustees are not aware of any complaints made in respect of fundraising during the period.

Reserves policy and going concern

It is the charity’s policy to maintain reserves comprising of unrestricted and designated funds at a sufficient level to ensure the prudent day-to-day financial management of the charity, and cover the risks identified in the risk register. Trustees have decided to maintain the level of £180,000 for unrestricted undesignated funds and will continue to review this in respect to programme and establishment costs in future years. It is the charity’s policy to regularly review

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

the funds set aside as designated funds and general contingencies, and to ensure that strategies are in place to enable such funds to be able to meet their purpose on an on-going basis. This is carried out as an integral part of the charity’s risk management process by the Board. Trustees have voted to hold a substantial amount against building improvements to cover the costs of improving and maintaining our facilities. This year, trustees also voted to designate £15,000 towards the costs of designing a new website. Currently, there are only small amounts of funding being carried between years on projects, as our multi-year projects are financed via restricted funds. Designated funds stood at £145,000 at the year end.

At 31 March 2025, total unrestricted funds were £626,798 (2024: £549,707).

The trustees continue to review the charity’s resources and consider these adequate to continue the proposed activities of the organisation for the foreseeable future. In particular, the partnership with Goldsmiths College on the Neurolive programme, we received an award of £407,559 from the European Research Council to be spent over 5 years (beginning in October 2020). Although this is a restricted fund, it demonstrates the ability of the organisation to deliver high quality, experimental work that attracts funding. The trustees confirm that the charity is a going concern.

Investment

The trustees’ policy is to invest surplus funds on a conservative basis. This is done by depositing surplus funds in a fixed-term deposit account. Interest receivable under the current economic environment has made it difficult to achieve significant returns on surplus funds. Due to high cash balances in recent years, we have been holding a one-year fixed bond that has generated a small amount of interest, and we take a decision to reinvest that each year, subject to the cash needs of the business.

Risk Management

The policy of the charity is to take a structured approach to risk management in pursuit of the organisation’s artistic objectives. This approach involves a regular process of risk assessment, whereby the potential impact of risks to the achievement of objectives are identified, quantified and mitigated as far as possible. The principal vehicle for risk management is a risk register. The Trustees consider the risk register regularly at board meetings and has currently identified that the organisation's primary risks to be:

Financial - in the current economic landscape, fundraising from voluntary sources is challenging and therefore presents the primary risk to the organisation; this is mitigated through diversification of income streams and internal budget controls to limit expenditure risks. In April 2023 we began the first year of confirmed threeyear investment from Arts Council England, continuing as a National Portfolio Organisation with consortium partners Independent Dance. This funding is confirmed through the end of March 2026.
The Studios - the organisation has the risk of property ownership and maintenance; this is mitigated through the management of an emergency fund against unforeseen building repairs, careful property facilities management and capital investment in the building against future needs. Addressing our aging building and facilities is a priority for the coming years.
Partnership Projects – the partnership with Independent Dance is strong, but one of the projects we undertake together, the MA/MFA in Creative Practice for Trinity Laban is under discussion with potential changes to take place from January 2027. The implications of changes to the running of the MA are not yet known.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Directors and trustees

The directors of the charitable organisation are its trustees for the purpose of charity law. The trustees and officers serving during the year and since year end were as follows:

Key Management: Trustees

Chair Natalie Garrett Brown (appt June 2024) Treasurer Peter Barker (acting Chair from July 2022 – June 2024) Trustees Martin Hargreaves (retired March 2025) Emily King Doushka Krish Vanessa Mirza Luke Pell Subathra Subramaniam

Key Management: Senior Management

Co-Artistic Directors Annie Pui Ling Lok; Kat Bridge

Executive Director / Company Secretary Toby Beazley

Reference and administrative details

Siobhan Davies Dance Company trades under the names of Siobhan Davies Dance and Siobhan Davies Studios

Charity Number 1010786 Company Number 02701923 Registered Office 85 St George’s Road, London SE1 6ER

Advisors

Independent Auditors Breckman & Company Chartered Certified Accountants, 49 South Molton Street, London, W1K 5LH Legal Advisor Harbottle & Lewis LLP, 7 Savoy Court, London, WC2R 0EX Principal Banker Cater Allen Private Bank, 9 Nelson Street, Bradford, BD1 5AN

Governing Documents

The organisation is a charitable company limited by guarantee, incorporated in England & Wales on 30 March 1992 and registered as a charity on 30 April 1992. The charity is governed by its Memorandum and Articles of Association, revised and adopted by special resolution passed on 9 October 2015; replacing the previous version of 30 March 1992 as amended on 19 May 1997.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Trustee Appointment

The Board of Trustees appoints new trustees to fill a vacancy or as an addition to the existing trustees. The Board delegates the logistics of Trustee recruitment to the Nominations Committee while the final decision on appointment rests with the Board as a whole.

In accordance with the organisation’s Memorandum and Articles of Association, a new trustee may be appointed by nomination from any of the existing trustees. The nomination must take place, and be seconded, at a board meeting (other than the Annual General Meeting). At every Annual General Meeting, the longest-serving third of the trustees retire from office. Trustees retiring in this manner are eligible for re-election.

New trustees receive an induction with the Board and team, and are briefed on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, and the Board of Trustees’ decision making processes, the business plan and financial performance of the charity. Around their first board meeting, new trustees meet key employees and other trustees. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. In February 2020, the organisation asked a member of the Next Artist Collective to join the Board in an advisory capacity for four meetings i.e. a year. Our first advisor has now joined the Board as a trustee, and a new member of the Next Artist Collective joined as observer in July 2021.

Organisational Structure

The Board of Trustees, which must have at least three and can have up to 30 members, oversees the governance of the charity. The Board meets quarterly and holds an annual Away Day, and trustees have delegated responsibilities for supporting specific areas of operation such as recruitment, finance and diversity. The Board of Trustees retain responsibility for the setting of remuneration of key management personnel, this is done annually as part of the budgeting process.

The Co-Artistic Directors lead the organisation, and an Executive Director is appointed by the trustees to manage the business operations of the charity. To facilitate effective operations, the Executive Director has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and business operation to support the delivery of the activities determined by the Co-Artistic Directors.

The trustees are the Members of the charitable company, and they guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up. The total number of such guarantees at 31 March 2025 was 7 (2024: 8).

Related Parties

There were no related party transactions during the year. Declarations of interests are made regularly.

Trustees’ responsibilities in relation to the financial statements

The trustees (who are also directors of SDD for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (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 expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 and FRS102;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware there is no relevant audit information of which the charitable company’s auditor is unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the Management Committee

Members of the Management Committee, who are directors for the purposes of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 8.

Auditors

Breckman & Company ACCA undertook their first audit for the company for the 21-22 year and confirmed that they will no longer undertake audits after 2024/25.

This report is prepared in accordance with the provisions of the Companies Act 2006 relating to small companies.

On behalf of the board

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(wi434B81B2B05343E... by:
Natalie Garrett Brown, Chair
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26 November 2025

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Independent Auditor’s Report to the Members of Siobhan Davies Dance Company

Opinion

We have audited the financial statements of Siobhan Davies Dance Company (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the trustees' report (incorporating the directors' report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the directors' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the trustees were not entitled to prepare the financial statements in accordance with the small companies' regime and take advantage of the small companies' exemptions in preparing the directors' report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement set out on pages 9 and 10, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our assessment focussed on key laws and regulations the charitable company has to comply with and areas of the financial statements we assessed as being more susceptible to misstatement. These key laws and regulations included but were not limited to compliance with the Companies Act 2006, Charities Act 2011, taxation legislation, data protection and employment legislation.

We are not responsible for preventing irregularities. Our approach to detecting irregularities included, but was not limited to, the following:

obtaining an understanding of the legal and regulatory framework applicable to the charitable company and how the charitable company is complying with that framework, including agreement of financial statement disclosures to underlying documentation and other evidence;
obtaining an understanding of the charitable company’s control environment and how the charitable company has applied relevant control procedures, through discussions with Trustees and other management and by performing walkthrough testing over key areas;
obtaining an understanding of the charitable company’s risk assessment process, including the risk of fraud;
reviewing meeting minutes of those charged with governance throughout the year; and
performing audit testing to address the risk of management override of controls, including testing journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.

Whilst considering how our audit work addressed the detection of irregularities, we also considered the likelihood of detection based on our approach. Irregularities arising from fraud are inherently more difficult to detect than those arising from error.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

(e by:

Mr Richard Nelson FCCA (Senior Statutory Auditor) For and on behalf of Breckman & Company Ltd Statutory Auditor Chartered Certified Accountants

49 South Molton Street London W1K 5LH

26 November 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Report of the Trustees and Financial Statements

Siobhan Davies Dance Company

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Report of the Trustees and Financial Statements

Siobhan Davies Dance Company

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Report of the Trustees and Financial Statements

Siobhan Davies Dance Company

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Report of the Trustees and Financial Statements

Siobhan Davies Dance Company

for the year ending 31 March 2025

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Report of the Trustees and Financial Statements for the year ending 31 March 2025

Siobhan Davies Dance Company

Docusign Envelope ID: 3FD5E6FC-C1C8-45BC-BA37-B23102C31118

Siobhan Davies Dance Company

Report of the Trustees and Financial Statements

for the year ending 31 March 2025