2022-08-08-accounts - Dance 4 Limited

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Reference and Administrative		Details ofthe Charity, its Trustees and Advisors
Trustees' Report			3-10
Independent Auditors'	Report	on the Financial Statements	11-12
Statement ofFinancial	Activities
Balance Sheet			14
Statement ofCash Flows			15
Notes tothe Financial	Statements		16-35

Trustees					EA Gregory, Chair	EA Gregory, Chair
					RWoods, Vice-Chair
					J Belton
					JPatel	Resigned 15March 2022
					F5 Pfende
					BA Sargent
					PShenton
					P Thornton
Senior Management					P Russ, E Hayes, HSharpe
Company	registered			number	02502976
Charity registered			number		1015437
Registered		office			2 Dakeyene Street
					Nottingham
					NG3 2AR
Company	Secretary				E Hayes
Chief Executive Officer					P Russ
Independent		auditors			PWH Accountancy		Limited
					The Counting	House
					High Street
					Lutterworth
					LE174AY
Bank					Bank ofScotland
					33Old Broad	Street
					London
					BX21LB

	Note No.	Designated	Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds	Funds
Income from:		08-Aug-22	08-Aug-22	08-Aug-22	08-Aug-22	31-Mar-22
		E	E	E	E	E
Donations from grants	2		326,316		326,316	661,457
Charitable activities	5-7			34,924	34,924	233,026
Other trading activities	3	1,644	3,956	37,069	42,668	59,322
Investments	4		102		102	131
Total income:		1,644	330,374	71,992	404,011	953,936
Expenditure on:
Charitable activities	9-17	(11,434)	(235,842)	(96,900)	(344,177)	(897,183)
Donation to FABRIC Total expenditure		(758,904) (770,338)	(103,656) (339,498)	(196,345) (293,245)	(1,058,905) (1,403,082)	(897,183)
Net Income/(expenditure)		(768,694)	(9,124)	(221,253)	(999,071)	56,753
Transfers between funds	17	2,352	(13,721)	11,369
Net movement in funds		(766,342)	(22,845)	(209,884)	(999,071)	56,753
Reconciliation offunds
Total fUnds brought forward	17	766,342	22,845	209,884	999,071	942,318
Total funds carried forward						999,071

			Note	OHLug-22		31+lar-22
Fhed assets				E		E
Tangible asset			13			387,296
Investments			14			4,630
						391,926
Current assets
Debtors					195,937
Cash at bank and in		hand			502,089
					698,026
Creditors: amounts		falling	16		(90,881)
due within one year
Net current assets						607,145
Total net assets						999,071
				084ug-22		31Mar-22
Charity funds				K		E
Restricted funds			17			209,884
Unrestricted funds
Oesignoted funds			17			766,342
Generol funds			17			22,845
Total unrestricted	funds		17			789,187
Total funds						999,071

				08-Aug-22	$1-Mar-22
			Note	f	f
Cash flows from operating	activities
Net cash used in operating	activities		23	(500,636)	(56,599)
Cash flows from investing	activities
Dividends, interests ands rents from		investments		102	131
Purchase oftangible assests			13	(1,555)	(14,702)
Net cash used in investing	activities			(1,453)	(14,571)
Change in cash and cash equivalents		in the year		(502,0&9)	(71,170)
Cash and cash equivalents	at the beginning ofthe y		25	502,089	573,391
Cash and cash equivalents	atthe end	ofthe year	25	0	502,221

		Unrestricted	Total	Unrestricted	Total
		funds	funds	funds	funds
		08-Aug-22	08-Aug-22	$1-Mar-22	$1-Mar-22
		f	f	f	f
Arts Council		300,945	300,945	601,889	601,889
ACE Cultural	Recovery	25,053	25,053
Donations		318	318	1,263	1,263
Total2022		$26,$16	$26,$16	60$,152	60$,152

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds	funds	funds	funds	funds
				08-Aug-22 E	08-Aug-22 f	08-Aug-22 E	314lar 22 E	31-Mar-22 f	$1-Mar 22 E
	Local Authority	grants	(see note 6)				26,000		26,000
	Other Grants (see note 7)				34,924	34,924		207,026	207,026
	Total 2022				34,924	$4,924	26000	207J026	233~026
6	Local authority	grants		084ug-22	31-Mar-22
				E	E
	Nottingharn City Council				26,000
					26,000
7	Other grants and restricted Income
				08-Aug-22	$1-Mar-22
				E	E
	Department for	Education			102,711
	DanceXchange
	UK Dance Network			10,650	9,375
	Nottingham Education		Partnership
	La Briqueterie /	EU Dancing Museum
	Jerwood Arts				12,000
	British Council
	Garrick Trust (RFD)				5,000
	ACE Transition Funds				15,000
	Italian Cultural Festival			3,000
	Fierce Festival			200
	GOETHE Institute	(CROWD)		7,740	15,883
	Battersea Arts Centre (Horizon)			13.333	29,057
	Selfhood Grants				18,000
	Total			$4,924	207,026

			Activities		Activities
			undertaken	Total	undertaken	Total
			directly	funds	directly	funds
			08-Aug-22	08-Aug-22	31-Mar-22	31-Mar-22
			f	f	f	f
Artistic programme		&Nottdance	66,503	66,503	173,938	173,938
Youth community		&training	95,307	95,307	234,456	234,456
Raising funds			9,025	9,025	23,982	23,982
Artists workspace			37,208	37,208	84,172	84,172
Research			21,132	21,132	122,672	122,672
Orga nisational			66,427	66,427	134,842	134,842
International	Showcasing		30,303	30,303	56,850	56,850
Other NDN			500	500	11,134	11,134
Workspace development			7,384	7,384	23,950	23,950
Governance costs			10,387	10,387	31,187	31,187
			344,177	344,177	897,183	897,183

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			Unrestricted			Unrestricted
			8 Designated	Restricted	Total	&Designated	Restricted	Total
			funds	funds	funds	funds	funds	funds
			084ug-22	08-Aug-22	08-Aug-22	31-Mar-22	31-Mar-22	31-Mar-22
			E	E	f	E	f	E
Artistic programme		&Nottdance	56,615	9,888	66,503	156,093	17,845	173,938
Youth community		&training	95,307		95,307	48,130	186,326	234,456
Raising funds			9,025		9,025	23,982		23,982
Artists workspace			37,208		37,208	84,172		84,172
Research			45,024	(23,891)	21.132	53,245	69,427	122,672
0rganisational			63,027	3,400	66,427	131,442	3,400	134,842
International	Showcasing		1,665	28,638	30,303	28,212	28,638	56,850
Other NDN				500	500		11,134	11,134
Workspace development			7,384		7,384	23,950		23,950
Governance costs			10,387		10,387	31,187		31,187
Total			325,641	18,535	344,177	$80,413	316,770	897,183

	long-term
	leasehold	Fixtures and	Office	Dance
	property f	fittings f	equipment f	equipment	Total f
Cost
Asat 1April 2022	371,390	84,589	57,081	172,168	685,228
Additions			1,555		1,555
Eliminated on t'fer to FABRIC	(371,390)	(84,589)	(58,636)	(172,168)	(686,783)
As at08Aug 2022
Depreciation
As at 1Apiil 2022	87,993	57,819	42,780	109,340	297,932
Charge for the year	5,291	1,209	1,072	724	8,296
Eliminated on t'fer to FABRIC	(93,284)	(59,028)	(43,852)	(110,064)	(306,228)
As at08Aug 2022
Net book value
As at 08Aug 2022
As at 31March 2022	283397	26770	14301	62p828	387~296

14	Investments	Shares in
		group undertakings f
	Cost
	At 1April 2022 and 08Aug 2022	4,630
	Transfer to FABRIC CIO	(4,630)
	At at 08Aug 2022

15	Debtors: Amounts	falling due within one year	falling due within one year	08-Aug-22	31-Mar-22
				f	f
	Trade debtors				12,284
	Other debtors				14,025
	Prepayments &Accrued income				169,628
					195,937
16	Creditors: Amounts	falling due within one year		08-Aug-22	31-Mar-22
				E	E
	Trade creditors				56,728
	Other taxation and	social security			26,922
	Other creditors				1,456
	Accruals and deferred		income		5,775
					90+81

DANCE4 LIMITED		NOTES TOTHE FINANCIAL STATEMEFIIS	NOTES TOTHE FINANCIAL STATEMEFIIS	NOTES TOTHE FINANCIAL STATEMEFIIS
(ACompany Umlted by Guarantee)		FORTHE PERIOD ENDED AT		08AUGUST 2022
17Statement ofFunds
		Balance at			Transfers	Transfer to	Balance at
Current year		014pr-22	Income	Expenditure	in/(out)	FABRIC	OlMug-22
		E	E	E	E	E	E
UNRESTRICTED FUNDS
Designated Funds
Workspace Fund		62,219				(62,219)
Artistic Programmas		34,221		(7,438)		(26,783)
Accommodation feasibility		10,000				(10,000)
Capital Development		407,863				(407,863)
International Showcasing		249,581				(249,581)
Participatory projects			1,644	(3,996)	2,352
Organlsational Development
Organisational Development	D4	2,458				2 58
		766,342	1,644	(11,434)	2,352	(758~)
General Funds
General Funds - Ail Funds		22,845	330,374	(235,842)	(13,721)	(103,656)
Total Unrestrktad Funds		789,1&7	332,018	(247,276)	(11,369)	(862,560)
Restricted Funds
National Dance Network		4,043	10,650	(500)		(14,193)
Center for Advanced Training		9,998	37,069	(48,548)	1,481
DMU Research Partnership		15,000				(15,000)
International Showcasing		40,847	21,074	(23,891)		(38,029)
NottDance		93,902	3,200			(97,102)
BiDF/ Outdoor showcasing				(9,888)	9,888
Organisational Development		11,600		(10,483)		(1,117)
Participation projects		8,892				(8,892)
Re-Framing Dance		15,706				(15,706)
Selfhood Practices		9,896		3,590		(6,306
		209,884	71,992	(96,900)	11,369	(196,345)
Totalpunds		999,071	404,011	(344,177)		(1,058,905)
		Balance at			Transfers	Balance at
pnevious yeor		OWpr-22	Income	Espend guru	In/(out)	324VIar-22
		E	E	E	E	E
UHRESTRICTED FUHDS
Designated Funds
Workspace Fund		52,229			20,000	62,219
Artistic Programmes		60,003		(25,7821		94,221
Accommodation feasibility		20,000				20,000
Copitol Development		422,719		(14,856)		407/69
International Showcasing		158,691		(10,050)	101,000	249,5S2
Organisalional Devel'opment		276		(769)	499
Partldparory pmjects		5,000		2,542		2,458
				(59+99)	212,499	766,342
General Funds
Geneml Funds - All Funds		21,924	708,730	(525,29S)	(182,511)	22,845
Total Un estnctad Funds		790,772	708,730	(579,297)	(71,018)	789,287
Restricted Funds
National Dance Network		5,802	9,975	(21,134)		4,043
Center forAdvanced Training		55,493	140,S91	(286,326)		9,99B
DMU Research Partnership		9,000		(14,866)	20,866	15,000
Internatlonal Showcasing		24,545	44,940	(ZS,638)		40,S47
NoitDance		74,205		(15,303)	95,000	99,902
Dancing Musevms		15,663		(30,815)	25,252
Organisailonal Development			25,000	(3,400)		12,600
Re-Framing Donee		12,550	17,000	(15,642)		13,908
Parilclpatory projects		14,348		(3,658)		10,690
Selfhood Practices			18000	8104		9896
		212,546	245,206	(917~6)	72,018	209,884
Total Funds		942328	953,936	897,283		999,072

Summary	offunds
		Balance at			Transfer	Transfer to	Balance at
Current Year		01-Apr-22 f	Income f	Expenditure E	in/out f	FABRIC f	08-Aug-22 f
Designated	Funds	766,342	1,644	(11,434)	2,352	(758,904)
GeneralFunds		22,845	330,374	(235,842)	(13,721)	(103,656)
Restricted	Funds	209,884	71,992	(96,900)	11,369	(196,345)
		999,071	404,011	(344,177)		(1,058,905)
		Balance at			Transfer	Balance at
Previous Year		01-Apr-21 f	Income f	Expenditure	in/out f	31-Mar-22 f
Designated	Funds	708,848		(53,999)	111,493	766,342
General Funds		21,924	708,730	(525,298)	(182,511)	22,845
Restricted	Funds	211,546	245,206	(317,886)	71,018	209,884
		942,318	953,936	(897,183)		999,071

	Unrestricted
	&Designated	Restricted	Total
Current Year	funds	funds	fundsf
Tangible fixed assets
Trade investinents
Current assets
Creditors due within one year
	Unrestricted
	&Designated	Restricted	Total
	funds	funds	funds
Previous Year	f	f	f
Tangible fixed assets	387,296		387,296
Trade investments	4,630		4,630
Current assets	488,142	209,884	698,026
Creditors due within one year	(90,881		(90,881)
	789,187	209,884	999,071

At08August 2022the Charity	had future minimum	had future minimum	under non-cancellable	under non-cancellable
operating leases as foliows:-
	Land and	Buildings	Other
084ug-22		31-Mar-22	08-Aug-22	31-Mar-22
		E	E	E
Amounts payable:
Within 1year		33,700		88
Between 1and 5years		148,830		132
After more than 5years		686,069
		868,599		220

					08-Aug-22	31-Mar-22
					E	E
	AdJustments for:
	Depreciation charges				8,296	26,910
	Dividends, interests	and rents from investments			(102)	(131)
	Decrease/(increase)		in debtors		195,937	(159,323)
	Decrease in creditors				(90,881)	19,192
	Other non cash adjustments			-t'fer offixed assets	385,185
	Net cash provided	by operating activities			(500,636)	(56,599)
24	Analysis ofcash and		equivalents
					08-Aug-22	31-Mar-22
					E	E
	Cash in hand					502,089
	Total cash and cash	equivalents				502,089