**REGISTERED COMPANY NUMBER: 01132914 (England and Wales) REGISTERED CHARITY NUMBER: 1073094**
**Report of the General Council and Consolidated Financial Statements for the Year Ended 31 March 2024 for B.T.D.A. Limited (A Company Limited by Guarantee) Trading as British Theatre Dance Association**
The Rowleys Partnership Ltd Statutory Auditors Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP
**B.T.D.A. Limited (A Company Limited by Guarantee) Contents of the Consolidated Financial Statements for the Year Ended 31 March 2024**
||Page|
|---|---|
|Reference and Administrative Details|1|
|Report of the General Council|2 to 6|
|Report of the Independent Auditors|7 to 10|
|Statement of Financial Activities|11|
|Consolidated Balance Sheet|12|
|Charity Balance Sheet|13|
|Cash Flow Statement|14|
|Notes to the Cash Flow Statement|15|
|Notes to the Financial Statements|16 to 29|
|Detailed Statement of Financial Activities|30 to 31|
**B.T.D.A. Limited (A Company Limited by Guarantee) Reference and Administrative Details for the Year Ended 31 March 2024**
**OFFICERS** Mrs A Oliver (President for Life) Mrs H Mence (General Secretary/Treasurer) **GENERAL COUNCIL** N J Allen Mrs J E Carver P Cooper (resigned 5.1.24) D Ramsden Mrs M Hankinson (resigned 6.6.24) D J Chadwick Ms K Chater **COMPANY SECRETARY** Mrs H Mence **REGISTERED OFFICE** The International Arts Centre Garden Street Leicester Leicestershire LE1 3UA **REGISTERED COMPANY NUMBER** 01132914 (England and Wales) **REGISTERED CHARITY NUMBER** 1073094 **AUDITORS** The Rowleys Partnership Ltd Statutory Auditors Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP **BANK** Virgin Money Symington House 7-8 North Avenue Clydebank G81 2NT
Page 1
**B.T.D.A. Limited (A Company Limited by Guarantee) Report of the General Council for the Year Ended 31 March 2024**
The Officers and General Council, who are also directors of the charity for the purposes of the Companies Act 2006, present their report together with the consolidated financial statements of the charity and its subsidiary for the year ended 31 March 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 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 published in October 2019.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objectives of the charity are to promote and encourage the art of dance through education and vocational training. The Association achieves this objective by offering a wide range of syllabi, a performance award system, festivals, technicons, scholarships, grants, and gala events.
The Association makes grants to talented students attending its courses and undertaking its examinations. The level of grant is discretionary and depends on the availability of funds.
The Association takes steps to encourage children with special needs to integrate, where possible, into mainstream classes.
## **Public benefit**
The Officers and General Council have had due regard to the Charity Commission guidance on public benefit.
The main activities undertaken to further the charity's purposes for the public benefit are as follows:
- Promotion of dance education and training to all members of the public regardless of colour, race, disability or age.
- Fee paying arrangements are made to grant aid gifted students and due consideration is given to those on low incomes.
- Dance education and training provide a platform for achievement and a programme of study leading to. graded qualifications. The charity is constantly improving the quality and breadth of its curriculum.
Theatre dance is recognised world-wide thus allowing the charity to benefit its members on the international stage.
A range of activities is organised, designed to benefit all social groups, such as festivals, gala days, scholarships, championships, fun days, special needs programmes, performance awards and specialised dance activities.
Page 2
**B.T.D.A. Limited (A Company Limited by Guarantee) Report of the General Council for the Year Ended 31 March 2024**
## **STRATEGIC REPORT Achievement and performance**
Examination entries have increased across the board in this financial year.
Scholarships remained online and again proved to be successful with over 200 candidates taking part.
Graded Qualifications Alliance submitted its annual 'Statement of Compliance' to both the Office of Qualifications and Examinations Regulation (Ofqual), Qualifications Wales and the CCEA (Council for the Curriculum, Examinations and Assessment) in time to meet the published deadlines.
We are pleased to advise that during this financial year all results and certificates were issued and dispatched within the published deadlines.
BTDA launched a special award to commemorate the Kings Coronation. Over 200 candidates participated in this award for which they received a commemorative medal and certificate.
We continue to participate in the Compatibility Study exercise conducted by the CDMT along with other awarding organisations. This year concentrated on Grade 5 and we choose to show some diversity by presenting Spanish Dance, a dance form regulated by GQAL.
Version 2 of 'Examtrack' was launched in May of this financial year and was very well received by members. Members felt it was easier to manage, looked professional and included some useful features.
An examiner travelled to New Zealand to preside over live examinations which is the first time since before covid.
We were pleased to welcome back entries from Portugal following the re-opening of the centre over there.
We were pleased to hold Gala Weekend again during this financial year. The event was well attended and we welcomed some new choreographers.
Following the appointment of the organiser for the new 'South Yorkshire' area, a successful first meeting was held in February of this financial year.
The new Lower Grade marking scheme was introduced during this financial year and examiner training and standardisation continues on a regular basis to ensure consistency in judgements.
The Tap Artistic Director and his team continued with the development of the new programme of study for the tap examinations. Grade 1 was launched in September of this year and the work continues to be well received.
Competitions were held throughout the country; they were well attended and have seen an increase in standards.
BTDA has increased its social media profile to include Instagram and now has over 1,000 followers.
BTDA was pleased to enter into a partnership with TIRED Movement and Shades Dancewear to promote equality in dance and encourage skin tone dancewear.
Page 3
**B.T.D.A. Limited (A Company Limited by Guarantee) Report of the General Council for the Year Ended 31 March 2024**
## **STRATEGIC REPORT Financial review**
## **Financial position**
This year a surplus of £20,141 was made, in comparison with a surplus of £27,759 for last year. This year the incoming resources have increased as expected. The reserves policy put in place by the Trustees some years ago has ensured that we have remained viable throughout the pandemic and are able to continue post pandemic.
## **Reserves policy**
Reserves are maintained to provide for periods when incoming resources may not be sufficient to meet the costs of activities in furtherance of the objectives. The aim is to cover the overheads for approximately six months. Total unrestricted reserves at 31 March 2024 were £115,509 (2023: £95,368). Current reserves do not cover six months of expenditure, however we will endeavour to build these back up to ensure the policy is met. We will do this by keeping costs to a minimum and developing business.
## **Future plans**
To ensure that the Graded Qualifications Alliance continues to meet the requirements of recognition as an awarding organisation and submit its 'Statement of Compliance' by the required deadline.
To continue to offer the Gala Weekend year on year.
To promote the new tap work to a wider audience with the intention of spreading this exciting work further afield and to bring in new members.
To revert back to live Scholarships in the areas to include 5 events in total.
To further invest in new cameras to ensure that ultimately all examiners have this facility.
To continue to participate in comparability studies with other dance organisations under the direction of the Council for Dance, Drama and Musical Theatre.
To continue our relationship with dance awarding organisations and progress the accreditation of their programmes and institutions under the Graded Qualifications Alliance.
To carry out a review of the Teaching Qualifications and Programme of Study Technical Assessment and see whether these can be linked to form a single route with add ons.
To take steps to ensure that we are an inclusive organisation and promote inclusion in our social media and advertising.
To recruit new trustees.
To continue with live examinations in New Zealand going forwards.
To continue to develop our relationship with China and other areas overseas.
Page 4
**B.T.D.A. Limited (A Company Limited by Guarantee) Report of the General Council for the Year Ended 31 March 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its Memorandum and Articles of Association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
The Officers and General Council are recruited through professional and business contacts. All Officers and General Council are interviewed, and references obtained as to their appropriateness for appointment.
## **Organisational structure**
The charity is governed by the Officers and General Council. They meet regularly and determine policy. Day to day administration is devolved upon the President, the General Secretary and the Examination Secretary and staff, all of whom are paid employees.
## **Induction and training of new trustees**
A formal policy of Officer and General Council training and induction operates including charity commission guidance, specialist courses and local specialist seminars. All Officers and the General Council are DBS checked.
## **Key management remuneration**
The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings and the level of responsibility required.
## **Risk management**
The Officers and General Council have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The major risks recognised by the Officers and General Council are the change in educational attitudes thus resulting in a decrease in student intake in conjunction with living style which may also lead to a fall in those numbers, resulting in a reduction of income.
The Association therefore takes innovative steps to encourage the development of existing and additional disciplines, such as Indian dance, freestyle and the introduction of dance discipline to primary education. There is also a policy of development of international operations notably in New Zealand, Dubai, Malta, Portugal, China and Turkey.
The Association maintains a risk register in conjunction with its subsidiary company, Graded Qualifications Alliance Limited. This is revised periodically.
The Graded Qualifications Alliance has continued its development. This organisation was established as an awarding body to take advantage of the charity's intellectual property in providing graded qualifications and to create opportunities to extend performance related provision into other areas of education and therefore to provide an independent source of income thus reducing risk and ensuring future investment in the charity's objectives.
This, together with revised work practices and increased technology currently under development, will result in a significant reduction in costs thus contributing to the generation of surpluses in the future and reducing financial risk.
The Officers and General Council adopt a cautious approach to the management of the charity. Reserves are invested in bank deposits and capital expenditure and grant aid is reviewed against the background of charity income before being expended.
Page 5
**B.T.D.A. Limited (A Company Limited by Guarantee) Report of the General Council for the Year Ended 31 March 2024**
## **POLICY RELATING TO GRADED QUALIFICATIONS ALLIANCE**
GQAL has the accreditation with The Office of Qualifications and Examinations Regulation (Ofqual) thus an examination body that accredits the examinations undertaken by BTDA students.
A series of non-regulated examinations in theatre dance are also awarded by The British Theatre Dance Association.
## **STATEMENT OF RESPONSIBILITIES OF OFFICERS AND GENERAL COUNCIL**
The Officers and General Council (who are also the directors of B.T.D.A. Limited for the purposes of company law) are responsible for preparing the Report of the General Council and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the Officers and General Council 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 the group and of the incoming resources and application of resources, of the charitable group for that period. In preparing those financial statements, the Officers and General Council are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK 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 charitable company will continue in operation.
The Officers and General Council are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the Officers and General Council are aware:
- there is no relevant audit information of which the charitable group's auditor is unaware; and
- - the Officers and General Council 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.
## **AUDITORS**
The auditors, The Rowleys Partnership Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Report of the General Council, incorporating a strategic report, approved by order of the General Council, as the company directors, on 31 August 2024 and signed on the board's behalf by:
Mrs A Oliver Trustee (President for Life)
Page 6
**Report of the Independent Auditors to the Officers and General Council of B.T.D.A. Limited (A Company Limited by Guarantee)**
## **Opinion**
We have audited the financial statements of B.T.D.A. Limited (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 March 2024 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 (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the group’s and parent charitable company's affairs as at 31 March 2024, and of the group’s 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 group and parent 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. The comparative information has not been audited.
## **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 group’s and parent 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 Officers and General Council are responsible for the other information. The other information comprises the information included in the Report of the General Council, other than the financial statements and our auditor’s report thereon.
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.
Page 7
## **Report of the Independent Auditors to the Officers and General Council of B.T.D.A. Limited (A Company Limited by Guarantee)**
## **Other information - continued**
In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.
## **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 report of the General Council for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Trustees’ 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 group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report and the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Act 2011 requires us to report to you if, in our opinion:
- adequate and sufficient accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent charitable company’s financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of officers' and general council remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the officers and general council 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 statement of responsibilities of officers and general council set out on page 6, the officers and general council (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 officers and general council 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 officers and general council are responsible for assessing the group’s and parent 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 officers and general council either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.
Page 8
## **Report of the Independent Auditors to the Officers and General Council of B.T.D.A. Limited (A Company Limited by Guarantee)**
## **Our responsibilities for the audit of the financial statements**
We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts.
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.
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
- We obtained an understanding of the legal and regulatory frameworks that are applicable to the group and determined that the most significant which are directly relevant to specific assertions in the financial statements are those related to the financial reporting frameworks (UK Generally Accepted Accounting Practice, the Companies Act 2006 and the Charities Act 2011) and the relevant tax compliance regulations in the jurisdiction in which the company operates. We enquired of management, whether they were aware of any instances of non-compliance with laws and regulations or whether they had any knowledge of actual, suspected or alleged fraud;
- We assessed the susceptibility of the entity's financial statements to material misstatement, including how fraud might occur;
- Our testing considered unusual or unexpected journal entries on a sample basis;
- We evaluated the assumptions and judgements used by management within significant accounting estimates and assessing if these indicate evidence of management bias;
- We tested significant transactions, in particular the evaluation of the business rationale for any which appear unusual or outside the company's normal course of business;
- We assessed the appropriateness of the collective competence and capabilities of the engagement team by understanding the practical experience with audit engagements of a similar nature and complexity, plus ensuring the team had appropriate and relevant training of the financial reporting framework and the relevant tax compliance regulations specific to the entity.
- We reviewed the financial statements and tested the disclosures against supporting documentation;
- - We have assessed these areas at group level and at component level where appropriate, we performed the component audit work ourselves as part of our audit of those entities.
- We communicated relevant matters to all members of the audit team to ensure they understood the risks specific to the entity and the audit procedures planned to mitigate these.
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.
Page 9
## **Report of the Independent Auditors to the Officers and General Council of B.T.D.A. Limited (A Company Limited by Guarantee)**
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.
## **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 and its trustees those matters we are required to state to them in an auditors' 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.
Mrs L G Parkes FCA FCCA (Senior Statutory Auditor) for and on behalf of The Rowleys Partnership Ltd Statutory Auditors Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP
Date: 31 August 2024
Page 10
## **B.T.D.A. Limited (A Company Limited by Guarantee) Consolidated Statement of Financial Activities (Incorporating Consolidated Income and Expenditure Account) for the Year Ended 31 March 2024**
|||31.3.24|31.3.23|
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||fund|fund|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Subscriptions|3|40,846|43,327|
|**Charitable activities**|6|||
|Examinations||644,457|582,754|
|Gala day||272,891|244,601|
|Meetings and technicons||10,697|10,538|
|Championships, competition, and areas||67,737|47,185|
|Scholarships||6,020|5,700|
|Other trading activities|4|3,913|3,163|
|Investment income|5|2,920|875|
|**Total**||1,049,481|938,143|
|**EXPENDITURE ON**||||
|Raising funds|7|41,167|37,751|
|**Charitable activities**|8|||
|Examinations||550,297|500,220|
|Gala day||240,023|212,623|
|Meetings and technicons||27,172|23,642|
|Championships, competition, and areas||99,666|86,246|
|Scholarships||18,226|16,706|
|Support costs|12|52,789|33,196|
|Taxation|18|-|-|
|**Total**||1,029,340|910,384|
|**NET INCOME**||20,141|27,759|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||95,368|67,609|
|**TOTAL FUNDS CARRIED FORWARD**||115,509|95,368|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
Page 11
## **B.T.D.A. Limited (Registered number: 01132914) (A Company Limited by Guarantee) Consolidated Balance Sheet At 31 March 2024**
|Notes
**FIXED ASSETS**
Tangible assets
19
Intangible assets
20
**CURRENT ASSETS**
Stocks
22
Debtors
23
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
24
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
25
Unrestricted funds
**TOTAL FUNDS**|31.3.24
£
2,056
-
2,056
23,220
14,454
431,670
469,344
(355,891)
113,453
115,509
115,509
115,509
115,509|31.3.23
£
1,998
-
1,998
29,200
18,778
343,628
391,606
(298,236)
93,370
95,368
95,368
95,368
95,368|
|---|---|---|
The trustees have prepared group accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The financial statements were approved by the Officers and General Council on 31 August 2024 and were signed on its behalf by:
Mrs A Oliver Trustee (President for Life)
The notes form part of these financial statements
Page 12
## **B.T.D.A. Limited (Registered number: 01132914) (A Company Limited by Guarantee) Charity Balance Sheet At 31 March 2024**
|Notes
**FIXED ASSETS**
Tangible assets
19
Investments
21
**CURRENT ASSETS**
Stocks
22
Debtors
23
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
24
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
25
Unrestricted funds
**TOTAL FUNDS**|31.3.24
£
2,056
50,000
52,056
9,920
8,890
416,381
435,191
(354,279)
80,912
132,968
132,968
132,968
132,968|31.3.23
£
1,998
50,000
51,998
18,921
7,780
334,781
361,482
(307,547)
53,935
105,933
105,933
105,933
105,933|
|---|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved by the Officers and General Council on 31 August 2024 and were signed on its behalf by:
Mrs A Oliver Trustee (President for Life)
The notes form part of these financial statements
Page 13
## **B.T.D.A. Limited (A Company Limited by Guarantee) Consolidated Cash Flow Statement for the Year Ended 31 March 2024**
|Notes
**Cash flows from operating activities:**
Cash generated from operations
1
**Net cash provided by (used in) operating**
**activities**
**Cash flows from investing activities:**
Purchase of tangible fixed assets
Interest received
**Net cash provided by (used in) investing**
**activities**
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning**
**of the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|31.3.24
£
85,802
85,802
(680)
2,920
2,240
88,042
343,628
431,670|31.3.23
£
184,839
184,839
(657)
875
218
185,057
158,571
343,628|
|---|---|---|
The notes form part of these financial statements
Page 14
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Cash Flow Statement for the Year Ended 31 March 2024**
|**1.**
**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
31.3.24
£
**Net income for the reporting period (as per the statement of**
**financial activities)**
20,141
**Adjustments for:**
Depreciation charges
622
Interest received
(2,920)
Decrease/(increase) in stocks
5,980
Decrease/(increase) in debtors
4,324
Increase/(decrease) in creditors
57,655
**Net cash provided by (used in) operating activities**
85,802|31.3.23
£
27,759
508
(875)
(5,091)
(4,167)
166,705
184,839|
|---|---|
Page 15
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements for the Year Ended 31 March 2024**
## **1. STATUTORY INFORMATION**
B.T.D.A. Limited is an incorporated charity, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **Group financial statements**
The financial statements consolidate the results of the charity and its wholly owned subsidiary, Graded Qualifications Alliance, on a line-by-line basis. A separate Statement of Financial Activities and Income and Expenditure Account for the charity has not been presented because the charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Examination income is included upon application by students and is not refundable.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation and apportionment of costs**
Support costs are either apportioned or are specific costs incurred in supporting the charity's activities. The basis of apportionment is determined by the type of cost relative to the activity undertaken and is consistently applied.
Page 16
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **2. ACCOUNTING POLICIES - continued**
## **Trade mark**
Intangible fixed assets relate to legal costs incurred in the registration of the GQAL Company’s trade mark. Amortisation is provided at 10% per annum to write off the asset over its economic useful life.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the term of the lease - Plant and machinery Straight line over 6 years - Fixtures and fittings Straight line over 6 years - Computer equipment Straight line over 4 years
## **Stocks**
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities. Subsidiary undertaking pays standard rate tax of corporation on its activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and lease commitments**
Assets obtained under hire purchase contracts are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account on a straight-line basis.
Rentals payable under operating leases are charged against income on a straight-line basis over the lease term.
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Investments**
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains/(losses) on investments' in the SoFA if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Page 17
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **2. ACCOUNTING POLICIES - continued**
## **Debtors and creditors receivable/payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash in hand and cash on deposit.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Foreign currency**
Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.
Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.
## **3. SUBSCRIPTIONS**
|**3.**|**SUBSCRIPTIONS**|||
|---|---|---|---|
|||31.3.24|31.3.23|
|||£|£|
||Subscriptions|40,846|43,327|
|**4.**|**OTHER TRADING ACTIVITIES**|||
|||31.3.24|31.3.23|
|||£|£|
||Administration fees|3,913|3,163|
|**5.**|**INVESTMENT INCOME**|||
|||31.3.24|31.3.23|
|||£|£|
||Interest receivable|2,920|875|
## **6. INCOME FROM CHARITABLE ACTIVITIES**
An analysis of the income from charitable activities is shown on the face of the Statement of Financial Activities.
## **7. RAISING FUNDS**
## **Cost of generating subscriptions**
|||31.3.24|31.3.23|
|---|---|---|---|
|||£|£|
|Cost of generating|subscriptions|15,992|14,473|
Page 18
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **Other trading activities**
|31.3.24
£
Staff costs
25,175
Aggregate amounts
41,167
**CHARITABLE ACTIVITIES COSTS**
Direct costs
Grant funding
of activities
(See note 9) (See note 10)
£
£
Examinations
550,297
-
Gala day
240,023
-
Meetings and technicons
27,172
-
Championships, competition, and areas
68,574
31,092
Scholarships
18,226
-
904,292
31,092
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Examinations
Gala
Day
Meetings &
Techicons
Competition &
Areas
Scholarships
£
£
£
£
£
**Support costs**
Human
resources
169,930
6,797
6,797
6,797
6,797
Establishment
96,641
4,477
4,477
4,477
4,477
Printing
postage,
stationery &
advertising
24,998
677
677
677
1,736
Overhead
costs
20,644
2,964
2,964
2,964
2,964
Depreciation
496
19
19
19
19
312,709
14,934
14,934
14,934
15,993
**Activities**
**undertaken**
**directly**
237,588
225,089
12,238
53,640
2,233
2024
550,297
240,023
27,172
68,574
18,226
2023
500,220
212,623
23,642
55,154
16,706|31.3.23
£
23,278
37,751
Totals
£
550,297
240,023
27,172
99,666
18,226
935,384
Total
2024
Total
2023
£
£
197,118
182,268
114,549
108,687
28,765
28,186
32,500
18,028
572
466
373,504
337,635
530,788
470,710
904,292
808,345
-
808,345|31.3.23
£
23,278
37,751
Totals
£
550,297
240,023
27,172
99,666
18,226
935,384
Total
2024
Total
2023
£
£
197,118
182,268
114,549
108,687
28,765
28,186
32,500
18,028
572
466
373,504
337,635
530,788
470,710
904,292
808,345
-
808,345|
|---|---|---|
|||337,635
470,710|
|||808,345|
|||808,345|
## **8. CHARITABLE ACTIVITIES COSTS**
## **9. DIRECT COSTS OF CHARITABLE ACTIVITIES**
Page 19
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **10. GRANTS PAYABLE**
||31.3.24|31.3.23|
|---|---|---|
||£|£|
|Scholarships|31,092|31,092|
|The total grants paid to individuals during the year was as follows:|||
||31.3.24|31.3.23|
||£|£|
|Other grants|31,092|31,092|
The Association makes grants to talented students attending its courses and undertaking its examinations. The above grants were all paid to individuals.
## **11. SUPPORT COSTS**
See note 12 for an analysis of other resources expended.
## **12. OTHER**
|Human resources
Establishment
Printing, postage, stationery & advertising
Overhead costs
Depreciation of tangible fixed assets|31.3.24
31.3.23
£
£
22,663
20,950
5,011
2,868
936
1,224
24,148
8,129
31
25
52,789
33,196|
|---|---|
## **13. NET INCOME/(EXPENDITURE)**
Net income/ (expenditure) is stated after charging/ (crediting):
|||31.3.24|31.3.23|
|---|---|---|---|
|||£|£|
|Depreciation -|owned assets|622|508|
Page 20
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **14. OFFICERS’ AND GENERAL COUNCIL MEMBERS' REMUNERATION AND BENEFITS**
Officers received emoluments during the year as follows. They are paid in their capacity as officers for which the legal authority is given in the Articles of Association.
Miss Ann Oliver
|Remuneration
Other benefits
Helen Mence
Remuneration
Pension contributions
Other benefits|2024
£
77,942
2,754
80,696
2024
£
43,023
5,766
1,178
49,967|2023
£
77,938
2,615
80,553
2023
£
39,237
5,562
1,013
45,812|
|---|---|---|
One director (2023: one) is accruing retirement benefits under a money purchase scheme.
## **Officers and General Council Members' expenses**
There were no expenses paid to Officers and General Council members for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **15. STAFF COSTS**
The total staff costs are analysed as follows.
|**STAFF COSTS**
The total staff costs are analysed as follows.|||
|---|---|---|
|Wages and salaries
Social security costs
Pension costs
Health costs|2024
£
235,137
17,181
10,294
7,800
270,412|2023
£
216,164
15,614
9,566
6,266|
|||247,610|
The average monthly number of employees during the year was as follows:
||31.3.24|31.3.23|
|---|---|---|
|Management and administration|10|11|
|The number of employees whose employee benefits (excluding employer pension costs)||exceede|
|£60,000 was:|||
||31.3.24|31.3.23|
|£80,001 - £90,000|1|1|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
Page 21
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **16. AUDITORS' REMUNERATION**
The total fee paid to the auditor for audit services was £12,500 + VAT (2023: £Nil + VAT). For other accountancy and professional services £10,543 + VAT (2023: £9,870 + VAT).
## **17. TRUSTEES REMUNERATION AND BENEFITS**
## **Trustees Remuneration**
No remuneration was paid to the trustees in their capacity as trustee during the year (2023: £Nil). As last year certain trustees were remunerated in their capacity as officers and general council members. Details of which are provided in Note 14 of these financial statements.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **18. TAXATION**
## **Analysis of the tax charge/(credit)**
The tax charge/(credit) on the surplus of the subsidiary for the year was as follows:
||31.3.24|31.3.23|
|---|---|---|
||£|£|
|Current tax:|||
|UK corporation tax|-|-|
|Deferred tax|-|-|
|Tax on surplus/(deficit)|-|-|
No corporation tax as subsidiary makes donation to parent under the S199 CTA 2010 Act.
Page 22
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **19. TANGIBLE FIXED ASSETS**
|**Group**
Long
leasehold
Plant and
machinery
Fixtures and
fittings
Computer
equipment
£
£
£
£
**COST**
At 1 April 2023
62,447
21,773
126,264
117,240
Additions
-
-
680
-
31 March 2024
62,447
21,773
126,944
117,240
**DEPRECIATION**
At 1 April 2023
62,447
21,773
124,266
117,240
Charge for year
-
-
622
-
At 31 March 2024
62,447
21,773
124,888
117,240
**NET BOOK VALUE**
At 31 March 2024
-
-
2,056
-
At 31 March 2023
-
-
1,998
-
**TANGIBLE FIXED ASSETS**
**Charity**
Long
leasehold
Plant and
machinery
Fixtures and
fittings
Computer
equipment
£
£
£
£
**COST**
At 1 April 2023
62,447
20,580
126,264
101,840
Additions
-
-
680
-
31 March 2024
62,447
20,580
126,944
101,840
**DEPRECIATION**
At 1 April 2023
62,447
20,580
124,266
101,840
Charge for year
-
-
622
-
At 31 March 2024
62,447
20,141
124,888
101,840
**NET BOOK VALUE**
At 31 March 2024
-
-
2,056
-
At 31 March 2023
-
-
1,998
-|Totals
£
327,724
680|
|---|---|
||328,404|
||325,726
622|
||326,348|
||2,056|
||1,998|
||Totals
£
311,131
680|
||311,811|
||309,133
622|
||309,755|
||2,056|
||1,998|
Page 23
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **20** . **INTANGIBLE FIXED ASSETS**
## **21.**
|**INTANGIBLE FIXED ASSETS**||
|---|---|
||Patents|
||and|
||licences|
||£|
|**COST**||
|At 1 April 2023||
|and 31 March 2024|10,000|
|**AMORTISATION**||
|At 1 April 2023|10,000|
|Amortisation for year|-|
|At 31 March 2024|10,000|
|**NET BOOK VALUE**||
|At 31 March 2024|-|
|At 31 March 2023|-|
|**FIXED ASSET INVESTMENTS**||
||Shares in|
||Group|
||Undertakings|
||£|
|**MARKET VALUE**||
|At 1 April 2023 and 31 March 2024|50,000|
|**NET BOOK VALUE**||
|At 31 March 2024|50,000|
|At 31 March 2023|50,000|
There were no investment assets outside the UK.
The company’s investments at the balance sheet date in the share capital of companies include the following:
Graded Qualifications Alliance (GQAL), registered number 04981850 (England and Wales), is a company limited by guarantee up to £1 per member. B.T.D.A. is the sole member and has made a permanent capital investment of £50,000.
|permanent capital investment of £50,000.|||
|---|---|---|
||31.3.24|31.3.23|
||£|£|
|Aggregate amount of assets, liabilities, and funds|32,541|39,435|
|Turnover|60,432|37,594|
|Expenditure|53,237|23,505|
|Profit/ (loss)|7,195
|14,089|
Page 24
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
|**22.**
**STOCKS**
Group
31.3.24
£
Stocks
23,220
**23.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Group
31.3.24
£
Trade debtors
150
Prepayments and accrued income
14,304
14,454
**24.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Group
31.3.24
£
Trade creditors
54,806
Amounts owed to group undertakings
-
Social security and other taxes
6,290
Other creditors
15,807
Accruals and deferred income
278,988
355,891|Group
Charity
31.3.23
31.3.24
£
£
29,200
9,920
Group
Charity
31.3.23
31.3.24
£
£
-
150
18,778
8,740
18,778
8,890
Group
Charity
31.3.23
31.3.24
£
£
44,764
54,806
-
17,818
5,995
5,663
6,515
921
240,962
275,071
298,236
354,279|Charity
31.3.23
£
18,921
Charity
31.3.23
£
-
7,780
7,780
Charity
31.3.23
£
44,764
17,818
5,685
818
238,462
307,547|
|---|---|---|
||
||
Page 25
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **25. MOVEMENT IN FUNDS**
|GROUP|At 1.4.23|Net|At 31.3.24|At 31.3.24|
|---|---|---|---|---|
|||Movement in|||
|||Funds|||
||£|£||£|
|**Unrestricted fund**|95,368|20,141||115,509|
|**TOTAL FUNDS**|95,368|20,141||115,509|
|Net movement in funds, included in the above are as follows:|||||
||Incoming|Resources|Movement in||
||resources|expended||funds|
||£|£||£|
|**Unrestricted funds**|||||
|General fund|1,049,481|(1,029,340)||20,141|
|**TOTAL FUNDS**|1,049,481|(1,029,340)||20,141|
|CHARITY|At 1.4.23|Net|At 31.3.24||
|||Movement in|||
|||Funds|||
||£|£||£|
|**Unrestricted fund**|105,933|27,035||132,968|
|**TOTAL FUNDS**|105,933|27,035||132,968|
|Net movement in funds, included in the above are as follows:|||||
||Incoming|Resources|Movement in||
||resources|expended||funds|
||£|£||£|
|**Unrestricted funds**|||||
|General fund|1,003,138|(976,103)||27,035|
|**TOTAL FUNDS**|1,003,138|(976,103)||27,035|
Page 26
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **25. MOVEMENT IN FUNDS - CONTINUED**
|Comparative movements in funds||||||
|---|---|---|---|---|---|
|GROUP|At|1.4.22|Net|At 31.3.23||
||||Movement in|||
||||Funds|||
|||£|£||£|
|**Unrestricted fund**||67,609|27,759||95,368|
|**TOTAL FUNDS**||67,609|27,759||95,368|
|Net movement in funds, included in the above are as follows:||||||
||Incoming||Resources|Movement in||
||resources||expended||funds|
|||£|£||£|
|**Unrestricted funds**||||||
|General fund||938,148|(910,384)||27,764|
|**TOTAL FUNDS**||938,148|(910,384)||27,764|
|CHARITY|At|1.4.22|Net|At 31.3.23||
||||Movement in|||
||||Funds|||
|||£|£||£|
|**Unrestricted fund**||86,766|19,167||105,933|
|**TOTAL FUNDS**||86,766|19,167||105,933|
|Net movement in funds, included in the above are as follows:||||||
||Incoming||Resources|Movement in||
||resources||expended||funds|
|||£|£||£|
|**Unrestricted funds**||||||
|General fund||906,046|(886,879)||19,167|
|**TOTAL FUNDS**||906,046|(886,879)||19,167|
Page 27
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **25. MOVEMENT IN FUNDS – CONTINUED**
Total funds at 31 March 2024 were represented by:
|GROUP|Consolidated|
Consolidated|Total funds|
|---|---|---|---|
||Unrestricted|
2024|2023|
||funds|||
||£|£|£|
|Tangible fixed assets|2,056|2,056|1,998|
|Stocks|23,220|
23,220|29,200|
|Debtors|14,454|
14,454|18,778|
|Cash at bank and in hand|431,670|
431,670|343,628|
|Creditors|(355,891)
(355,891)||(298,236)|
|**TOTAL FUNDS**|115,509|115,509|95,368|
|CHARITY|Charity|
Charity total|Total funds|
||Unrestricted|
2024|2023|
||funds|||
||£££|£|£|
|Tangible fixed assets|2,056|2,056|1,998|
|Investments|50,000|
50,000|50,000|
|Stocks|9,920|
9,920|18,921|
|Debtors|8,890|
8,890|7,780|
|Cash at bank and in hand|416,381|
416,381|334,781|
|Creditors|(354,279)
(354,279)||(307,547)|
|**TOTAL FUNDS**|132,968|132,968|105,933|
Page 28
**B.T.D.A. Limited (A Company Limited by Guarantee) Notes to the Consolidated Financial Statements - continued for the Year Ended 31 March 2024**
## **26. RELATED PARTY DISCLOSURES**
During the year the company has given scholarships in the form of college fees of £31,092 (2023: £31,092) to Leicester College of Performing Arts Limited, a company controlled by Mr Neil Allen and in which Miss Ann Oliver and Mr Neil Allen are directors.
The leasehold property occupied by the company is owned by IAC Theatrical Management Limited, a company controlled by Mr Neil Allen and in which Miss Ann Oliver and Mr Neil Allen are also directors. The rent charge for the year was £49,500 (2023: £49,500).
IAC Theatrical Management Limited also recharge expenses to the company. The amount recharged during the year was £22,627 (2023: £23,110).
During the year, the company paid £21,600 (2023: £21,600) to Unecom IT Limited for the development and support of the Examtrack software. The director of Unecom IT Limited is Mr L Smith, the son in law of Miss Ann Oliver.
## **27. OPERATING LEASE COMMITMENTS**
The following are the total future minimum lease payments under non-cancellable operating leases:
|Due within one year
Due between one and five years
Due in more than five years|2024
£
53,763
220,044
297,000
570,807|2023
£
59,213
230,477
346,500
636,190|
|---|---|---|
An annual rent of £49,500 is paid for the property occupied by the company. This is subject to a twenty-year lease which expires in 2035.
Page 29
**B.T.D.A. Limited (A Company Limited by Guarantee) Consolidated Detailed Statement of Financial Activities for the Year Ended 31 March 2024**
|31.3.24
£
**INCOME AND ENDOWMENTS**
**Subscriptions**
Subscriptions
40,846
**Other trading activities**
Administration fees
3,913
**Investment income**
Interest receivable
2,920
**Charitable activities**
Incoming resources from charitable activities
1,001,802
**Total incoming resources**
1,049,481
**EXPENDITURE**
**Cost of generating subscriptions**
Cost of generating subscriptions
15,992
**Other trading activities**
Wages
25,175
**Charitable activities**
Wages
216,070
Rent, rates and insurance
55,746
Legal and professional fees
13,931
Examiners fees and expenses
148,766
Process fees, assessors’ expenses and centre fees
9,305
Advertising
1,525
General and travel
432
Consultancy fees and meetings
1,304
Utilities
16,140
Cleaning and maintenance
7,916
Equipment rentals
4,215
IT costs
30,531
Postage and carriage
7,877
Printing
14,600
Stationery and office expenses
4,761
Telephone
3,936
Bank charges and interest
1,606
Carried forward
538,661|31.3.23
£
43,327
3,163
875
890,778|
|---|---|
||938,143
14,473
23,278
197,387
53,213
6,607
138,795
9,308
5,909
762
2,699
12,569
9,040
6,264
27,605
8,225
9,763
4,291
2,540
2,616
497,593|
This page does not form part of the statutory financial statements
Page 30
## **B.T.D.A. Limited (A Company Limited by Guarantee) Consolidated Detailed Statement of Financial Activities for the Year Ended 31 March 2024**
|31.3.24
£
**Charitable activities**
Brought forward
538,661
CDET subscription and meetings
7,416
Music and programmes of study
7,845
Medals and trophies
56,595
Gala day expenses
225,089
Meetings and technicons expenses
12,238
Championship, competition, and area expenses
53,640
Scholarship expenses
2,234
Fixtures & fittings depreciation
574
Student sponsorship
31,092
935,384
**Support costs**
**Finance** Bank charges
216
**Human resources**
Wages
22,658
**Other**
Rates and water
1,780
Light and heat
516
Telephone
753
Postage and stationery
84
Sundries
578
Cleaning and maintenance
254
Equipment rentals
234
IT costs
12,904
Stationery and office expenses
51
Printing
155
Advertising
95
Legal and professional fees
Bad debts
11,480
1,000
Amortisation of intangible fixed assets
-
Depreciation of computer equipment
-
Depreciation of fixtures and fittings
31
52,789
**Total resources expended**
1,029,340
**Net income**
20,141|31.3.23
£
497,593
7,390
612
49,502
199,000
10,019
41,531
2,232
466
31,092|
|---|---|
||839,437
266
20,950
1,698
392
621
344
407
298
348
1,534
48
104
1,042
5,119
-
-
-
25|
||33,196|
||910,384|
||27,759|
Page 31