REGISTERED COMPANY NUMBER: 01132914 (England and Wales) REGISTERED CHARITY NUMBER: 1073094 Unaudlted Flnancial Statements for the Year Ended 31 March 2025 for B.T.D.A. Llmlted (A Company Llmlted by Guarantee) Trading as Brltlsh Theatre Dance Assoclatlon The Rowleys Partnership Ltd Chartered Accountants Charnwood House Harcourt Way Meridian Buslne55 Park Leicester Leicestershire LE19 1WP
B.T.D.A. Llmited (A Company Lfmlted by Guarantee) Trading as British Theatre Dance Association Contents of the Financial Statements for the Year Ended 31 March 2025 Pa8e Reference and Admlnlstratlye D•talls Report of the Trustees Independent Examlner's Report Statement of Flnanclal Actlvltles Balance Sheet 9 to 70 Cash Flow Statement 11 Notes to the Cash Flow Statement 12 Notes to the Flnanclal Statements 13 to 24 Detailed Statement of Flnanclal Actlvltles 25 to 27
B.T.D.A. Llmlted (A Company Limlted by Guarantee) Trading as Britlsh Theatre Dance Assoclatlon Reference and Administrative Detalls for the Year Ended 31 March 2025 OFFICERS A Oliver Presldent for Llfe H Mence General SecretarylTreasurer TRUSTEES N J Allen J E Carver D Ramsden (resigned 21.8.24) M Hankln50n Ires1gned 6.6.24) D J Chadwick K Chater J Stuart (appolnted 23.10.24) COMPANY SECRETARY H Mence REGISTERED OFFICE The Internatlonal Arts Centre Garden Street Leicester Lelcestershire LE1 3UA REGISTERED COMPANY NUMBER 01132914 (England and Wales) REGISTERED CHARITY NUMBER 1073094 INDEPENDENT EXAMINER The Rowieys Partnershlp Ltd Chartered Accountants Charnwood House Harcourt Way Meridlan Buslness Park Lelcester Lelcestershire LE19 1WP BANK Virgin Money Symington House 7-8 North Avenue Clydebank G812NT Page 1
B.T.D.A. Llmfted (A Company Limited by Guarantee) Trading as British Theatre Dance Association Report of the Trustees for the Year Ended 31 March 2025 The trustees who are also dlrectors of the charlty for the purposes of the Companies Act 2CM)6, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisTons of Accounting and Reportlng by Charities: Statement of Recommended Practice appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019). The financial statements have been prepared in accordance with the accountlnq policies set out in notes to the accounts and comply wlth the charity's governing document, the Charltles Act 2011, the Companies Act 2006 and Accountlng and Reportlng by Charlties: Statement of Recommended Practice appllcable to charities preparir)g thelr accounts in accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of Ireland publlshed In October 2019. OBJECTIVES AND ACTIVITIES Objectives and alms The objectives of the Assoclatlon are to promote and encourage the art of dance through education and vocatlonal tralnlng. The Assoclatlon achleves this objectlve by offering a wide range of syllabl, a performance award system, festiva15, technicons, scholarships, grant5 and gala events. The Assoclatlon makes grants to talented students attendlng Its courses and undertaklng Its examlnatlons. The level of grant 15 discretlonary and depends on the availability of fund5. The Association takes steps to encourage children with special needs to Integrate, where possible, Into mainstream classes. Publlc beneflt The trustees have had due regard to the Charity Commisslon guidance on public beneflt. The maln activitles undertaken to further the charity's purposes for the publlc benefit are as follows: Promotion of dance educatlon and trainlng to all members of the public regardless of colour, race, dlsability or age. Fee paylng arrangements are made to grant ald slfted students and due consideration is glven to those on low incomes. Dance education and training provldes a platform for achievement and a programme of stucty leading to graded quallfications. The Association is constantly Improving the quality and breadth of its curriculum. Theatre dance Ts recognlsed Wr1dde thus allowlng the Assoclatlon to benefTt its members on the International stage. A range of actitTe$ is organi5ed, designed to benefit all soclal groups, such as festival5, gala day5• scholarships, championship5, fun days, speclal need5 programme5, performance awards and speclallsed dance actlvities. Page 2
B.T.D.A. Limited (A Company Llmited by Guarantee) Trading as Brltish Theatre Dance Assoclatlon Report of the Trustees for the Year Ended 31 March 2025 STrATEGIC REPORT Achtevement and performance Scholarships reverted back to live classes and assessments, these were a great success and students thoroughly enjoyed belng back in the classroom. In total 31x1 candidates took place over 5 areas across England. The event were very successful resulting in over £25,OiJ) of awards being given out. Graded Quallflcations Alliance submitted Its annual statement of Compliance, to both the Office of QualTficatlons and Examinations Regulatlon (Ofqual), Qualifications Wale5 and the CCEA (Councll for the Curriculum, Examinations and Assessment) In time to meet the published deadlines. We are pleased to advfse that durlng this financial year all results and certlflcates Vre Issued and d1spatched within the publlshed dead15nes. We continue to partlclpate In the Comparablllty Study exerclse conducted by the CDMT along with other awardlng organlsatlons. Th1s year concentrated on Grade 1 and we choose to show the new Grade 1 Tap. An examlner travelled to New Zealand to preside over live examlnatlons which is the flrst tlme slnce before covld. We were pleased to welcome back entries f rom Portugal following the re-opening of the centre over there. We were pleased to hold Gala Weekend again during this flnancial year. The event was well attended, and we welcomed some new choreographers. Work commenced on the review of the Dance Teaching Qualification with the intention of incorporating the technical side of teachlng alongside the theoretical areas. The Lyrlcal Artistic Director and her team were pleased to develop the new Class Award for Lyrical which was launched this year and demonstrated to the members in September. The Acrobatic Artistic Dlrector and her team were pleased to develop the new Preparatory Acrobatic whlch was launched thls year and demonstrated to the members in September. The Tap Artlstlc Dlrector and hi5 team contlnued wlth the development of the new programme of study for the tap examinatlons. Grade 2 was launched in September of thls year, and the work contlnues to be well rece1ved. The Modern Jazz Artistlc Dlrector and her team were pleased to develop the New Class Award for Modern Jazz whlch was launched this year and demonstrated to members In February. Candidates were successfully entered for the new Certlficate in Catwalk Modelling and the introduction of an improvised pose section was added to the Modelling programme of Study. Competition5 were held throughout the countryi they were well attended and have seen an increase In standards. The number of candidates performing in the Championshlp Finals increased due to the introduction of a new area heat in Basing5toke. Page 3
B.T.D.A. Limited (A Company Llmlted by Guarantee) Trading as Brltlsh Theatre Dance Assoclation Report of the Trustees for the Year Ended 31 March 2025 BTDA will continue to Increase its social media profile and now has over 1,500 followers on Instagram and over 2,200 on Facebook. BTDA continues to address Cyber securlty with staff member5 completing online courses on a monthly basis to ensure they remain vigilant Financial revlew Financlal posltlon This year a deficit of £23,051 was made, In comparison wlth a surplus of £27,035 for last year. This year the Income resources have decreased considerably due to fall in the examination and area fees as compared to the prevlou5 year, therefore has resulted in a def1cit as expected for thls year. ReseThes pollcy Reserves are maTntalned to provlde for periods when incoming resources may not be sufflclent to meet the Costs of activities in furtherance of the objectives. The aim 15 to cover the overheads for approxlmately six months. Total unrestrlcted reserves at 31 March 2025 were £109,917 (2024: £132,968). Current reserve5 do not cover six months of expenditure, however over the next three year5 we wlll endeavour to build these back up to pre Covid fTgures to ensure the policy Is met. We will do thls by continuing to develop online provislon thereby keeping costs to a mlnlmum. Future plan5 To ensure that the Graded Qualifications Alliance continues to meet the requirements of recognltion as an awarding organi5ation and submit Its statement of Compliance. by the required deadline. To realign staff responsibilitle5, recruit new members and instigate trainlng programmes to manage the retirement of key staff members during the year. To appoint a new patron f rom the Musical Theatre profession. To offer local area workshops which use professlonal dancerslmuslcal theatre performers thus gfvlng students the opportunlty to work wlth creative people. To encourage teachers to attend events. To continue to offer the Gala Weekend year on year. To promote the Dance Teaching Assistant Qualification to those achlevln8 a Grade 5 Qua11f1catlon. To promote the new tap work to a wlder audience with the intention of spreadlng thls excltfng work further afield and to bring in new members. To contlnue to offer Itve Scholarships in the areas to include 5 events in total. To further invest in new cameras to ensure that ultimately all examTners have this facility. To continue to participate in comparabillty studies with other dance organi5ations under the direction of the Council for Dance, Drama aiid Musical Theatre. To continue our relationship with dance awarding organi5ations and progress the accreditation of their programmes and institutions under the Graded Qualiflcatlons Alliance. Page 4
B.T.D.A. Llmlted (A Company Limlted by Guarantee) Trading as Brltlsh Theatre Dance Assoclatlon Report of the Trustees for the Year Ended 31 March 2025 STRATEGIC REPORT To contlnue to the review and develop a Dance Teachlng Qualification which incorporates both practical and theoretlcal elements of dance teaching. To include GOAL partners in the development to ensure it fits all dance styles. To commence the qualification development work requlred to submit the new Drama programmes as regulated awards. To take steps to ensure that we are an inclusive organlsatlon and promote inclusion In our social media and advertising. To recruit new trustees. To contlnue to develop our relat1onship with China. To welcome and accept examlnatlon entries from schools In Hong Kon8. To investigate ways of generatlng income other than examination fees. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by it5 Memorandum and Article5 of Association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appolntment of new trustees The Officer5 and General Council are recrulted through professlonal and business contacts. All Officers and General Council are intervlewed and references obtained as to their appropriateness for appointment. Or8anlsatlonal structure The Associatlon is governed by the Officers and General Council. They meet regularly and determine pollcy. Day to day admlnlstratlon Is devolved upon the President, the General Secretary and the Examination Secretary and staff, all of whom are paid employees. Inductlon and tralnlng of new trustees A formal policy of Officer and General Council training and inductlon operate5 Including charity commission guidance, special15t course5 and local specia115t seminars. All Offlcers and the General Council are DBS checked. Key management remuneration The pay of the senlor staff is reviewed annually and normally increased in accordance with average earnings and the level of responsibility requlred. Rlsk management The Officers and General Council have a duty to identify and review the risks to which the charlty Is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The major risk recognlsed by the Officers and General Council is the aftereffects of the Covld 19 pandemlc and the decrease In student intake which may lead to a fall in numbers resulting in a reductlon of income. Page 5
B.T.D.A. Limlted (A Company Limited by Guarantee) Tradlng as British Theatre Dance Association Report of the Trustees for the Year Ended 31 March 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT The Association therefore takes innovative step5 to encourage the development of exlstfng and addltlonal dlsciplines, such as contemporary dance, musical theatre and the introduction of dance discipline to prlmary education. There is also a policy of development of Internatlonat operations notably In New Zealand, Dubai, hlalta, Portugal, Chlna and Turkey. The Association maintains a rtsk register in conjunction WTth its subsidlary company, GQAL. Thls Is revised periodlcally. The Graded Quallflcatlons Alliance ha5 contlnued its development. This organisation was established as an awarding body to take advantage of the Association's intellectual property in providlng graded qualificatlons and to create opportunities to extend performance related provision into other areas of education and therefore to provlde an Independent source of income thus reduclng risk and ensuring future investrnent In the Charity's objectlves. Thls, together with revised work practlces and Increased technology currently under development, wlll result in a 5ignlflcant reduction in costs thus contrlbuting to the generation of surpluses In the future and reduc1ng flnanclal rlsk. The Officers and General Counc11 adopt a cautious approach to the management of the Charity. Reserves are invested in bank deposits and capital expenditure and grant aid is revlewed against the background of charity Income before being expended. POLICY RELATING TO GRADED QUALIFICATIONS ALLIANCE GQAL has the accreditation with The Office of Quallflcations and Examinations Regulation {Ofqual) thus an examination body that accredits the examinations undertaken by BTDA students. EVENTS SINCE THE END OF THE YEAR Information relatlng to events slnce the end of the year is given In the notes to the flnanclal statements. Thls report has been prepared in accordance wfth the speclal pros7on$ of Part 15 of the Companles Act 2006 relating to small companles. Report of the trustees, Incorporatlng a strategic report, approved by order of the board of trustees, as the company directors, on 19 August 2025 and signed on the board's behalf by: A Oliver - Trustee Page 6
Independent Examiner's Report to the Trustee5 of .T.D.A. Llmlted (A Company Llmlted by Guarantee> Independent examlner's report to the trustees of B.T.D.A. Limited (A Company Limited by Guarantee) {'the Company,) I report to the charlty tru5tee5 on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responslble for the preparation of the accounts In accordance with the requirements of the Companies Act 2006 ('the 2006 Act.). Having 5at15fied myself that the accounts of the Company are not required to be audited under Part 16 of the 2(K)6 Act and are ellgible for independent examination, I report in respect of my examlnation of your charlty'5 accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act'l. In carwng out my examination I have followed the Dlrections given by the Charity Commlsslon under Section 145(5) (b) of the 2011 Act. Independent examlner'5 Statement Slnce your charity'5 gross Tncome exceeded £250,000 your examiner must be a member of a 115ted body. I can conflrm that l am qualified to undertake the examination because l am a member of the Instltute of Chartered Accountants in England and Wales, whlch is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connectlon wlth the examination giving me cause to believe: accounting records were not kept in respect of the Company as requlred by Sectlon 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply wlth the accounting requlrements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and falr vlew which Is not a matter considered as part of an Independent examination. or the accounts have not been prepared In accordance with the methods and prlnciples of the Statement of Recommended Practice for accounting and reporting by charitles (applicable to charities preparlng their accounts in accordance with the Financial Reporting Standard applTcable In the UK and Republic of Ireland {FRS 102)). I have no concerns and have come across no other matters in connection wlth the examination to whlch attentlon should be drawn in this report ln order to enable a proper understanding of the accounts to be reached. L G Parkes FCA FCCA ICAEW The Rowleys Partnership Ltd Chartered Accountants Chamwood House Harcourt Way Meridlan Business Park Leicester Leicestershire LE19 1WP Date: Page 7
.T.D.A. Limited (A Company Llmlted by Guarantee) Trading as Brltlsh Theatre Dance Association Statement of Financial Actlvttles (Incorporatin8 an Income and Expenditure Account) for the Year Ended 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donations, legacies and subscriptions 44,129 54.935 Charltable actlvltle5 Examlnatlons Gala day Meetlngs and technlcons Championshlps, competltion and areas Scholarship5 513,417 279,103 11,901 29,307 6,136 584,025 272,891 10,697 67,737 6,020 Other tradlng activitles Investment income 2,738 3,913 Total 889 276 1003 138 EXPENDrruRE ON Ralslng funds 41,832 41,167 Charltable activitie5 Examinatlons Gala day Meetings and technicons Championships, competltlon and areas Scholarships 483,451 243,815 25,322 67,445 20,694 521,090 240,023 27,172 99,666 18,226 Other 12 Total 912 327 976 103 NET INCOMEI(EXPENDITURE) (23,051) 27,035 RECONCILIATION OF FUNDS Total funds brought forward 132,968 105,933 TOTAL FUNDS CARRIED FORWARD 132968 The notes form part of these financial statements Page 8
B.T.D.A. Limited (A Company Llmited by Guarantee) (Reqlstered number: 01132914 Trading as Brftish Theatre Dance Assoclation Balance Sheet 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSETS Tangible assets Investfflents 17 18 3,239 2,056 53,239 52,056 CURRENT ASSErs Stock5 Debtors Cash at bank and in hand 19 20 32,490 27,260 342 816 9,920 8,890 416 381 402,566 435,191 CREDITORS Amounts falling due wlthln one year 21 (345,8881 {354,2791 NEf CURRENT ASSETS TOTAL ASSETS LE55 CURRENT LIABILITIES 109,917 132,968 NET ASSETS 109 917 132,968 FUNDS Unrestrlcted funds 109 917 132 968 TOTAL FUNDS 109 917 132 968 The charitable company is entitled to exemptlon from audit under Sectlon 477 of the Companies Act 2(6 for the year ended 31 March 2025. The members have not required the company to obtain an audlt of Its financlal statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge thelr responsibilities for (a) ensuring that the charitable company keeps accounting record5 that comply wlth Sectlons 386 and 387 of the Companles Act 2006 and {bP preparing flnancial statements which give a true and falr vlew of the state of affairs of the charitable company a5 at the end of each financial year and of its surplus or deflcit for each financlal year in accordance wlth the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companles Act 2(M)6 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 9 continued...
.T.D.A. Limited (A Company Lfmlted by Guarantee) {Registered number: 01132914) Tradlng as Brltlsh Theatre Dance Association Balance Sheet - contlnued 31 March 2025 These financial statements have been prepared In accordance wilh the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authori*d for issue on 19 August 2025 and were signed on its behalf by: A Ollver - Trustee The notes form part of these financlal statements Page 10
B.T.D.A. Llmfted (A Company Limited by Guarantee) Tradln8 as British Theatre Dance Assoclatlon Cash Flow Statement for the Year Ended 31 March 2025 2025 2024 Notes Gish flows from operatlng actlvitle5 Cash generated from operations Net cash (used in)IprovTded by operatlng activitles Cash flows from Investlng actlvltles Purchase of tangible f1xed assets Interest recelved (2,1661 1680) Net cash provlded by investin8 actlvlties 379 Chan8e In cash and cash equlvalent5 In the reportfn8 perlod Cash and cash equlvalents at the be8lnnlng of the reportln8 perlod {73,5651 81,600 416 381 334 781 Cash and cash equivalents at the end of the reportlng perlod 342 816 416 381 The notes form part of these flnancial statements Page11
B.T.D.A. Lfmited (A Company Limited by Guarantee) Tradfng as Britlsh Theatre Dance Association Notes to the Cash Flow Statement for the Year Ended 31 March 2025 RECONCILIATION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net (expenditure)lincome for the reportlng perlod (as per the Statement of Financial Activitles) Adjustments for: Depreciation charges Interest received (Increase)Idecrease In stocks Increase in debtors (Decrease)Ilncrease In credltors 123,051) 27,035 983 (2,545) (22,570) 118,370) 622 12,920) 9,IX11 11,110) Net cash (used In)Iprovlded by operatlons ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 416 381 73 565) 342 816 416 381 73 565) 342 816 Total 416 381 73 565) 342 816 The notes form part of these financial statements Page 12
.T.D.A. Limited (A Company Limited by Guarantee) Tradlng as British Theatre Dance Association Notes to the Financial Statements for the Year Ended 31 March 2025 STATUTORY INFORMATION .T.D.A. Limited Is an incorporated charity, limited by guarantee, registered in England and Wales. The company'5 registered number and registered offlce address can be found on the Company Information page. ACCOUNTING POLICIES Basls of preparlng the flnanclal statements The financial statements of the charitable company, which Is a public benefit entlty under FRS 102, have been prepared In accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charitles: Statement of Recommended Practlce appllcable to charlties preparing their accounts In accordance with the Financial Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 102) (effective 1 January 20191,, FTnanclal Reporting Standard 102 The Financial Reporting Standard appllcable in the UK and Republlc of Ireland, and the Companies Act 2006. The financial statements have been prepared under the hlstorlcal cost convention, with the exception of investments which are Included at market value. The signlflcant accounting pollcies applled In the preparatlon of these fTnancial statements are set out below. These pollcles have been consistently applled to all years presented unless otherwise stated. Income All income is recogn15ed in the Staternent of Financial Activities once the charlty 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. Expendlture Liabllities are recognised as expenditure as soon as there Is a legal or constructive obllqat1on committlng the charity to that expenditure, It Is probable that a transfer of economlc benefits wlll be required in settlement and the amount of the obligation can be measured reliably. Expendlture is accounted for on an accruals basis and has been classified under headlngs that aggregate all cost related to the category. Where costs cannot be directly attrlbuted to particular headings they have been allocated to activities on a basis consistent with the use of resource5. Grants offered subject to conditions which have not been met at the year-end date are noted as a commltment but not accrued as expendlture. Allocatlon and apportlonment of costs Support costs are elther apportloned or are speciflc costs incurred in supporting the charitls activities. The basis of apportionment is determined by the type of cost relative to the activity undertaken and Is consistently applied. Tanqlble flxed assets Depreciatlon 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 Page13 contlnued...
B.T.D.A. Limited (A Company Limited by Guarantee) Tradlng as Brltish Theatre Dance Association Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Tangible flxed assets Plant and machinery Fixtures and fitting5 Computer equipment Stralght Ilne over 6 years Straight Ilne over 6 years Straight line over 4 years Stocks Stocks are stated at the lower of cost and estlmated 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 locatlon and condition. Cost is calculated using the first-in, flrst-out formula. Provlslon 15 made for damaged, obsolete and slow-moving stock where approprfate. Taxatlon The charity Is exempt from corporation tax on Its charltable activities. Expenses are Inclusive of VAT where appllcable. Fund accountln8 Unrestricted funds can be used In accordance with the charitable objectlves at the dlscret1on of the trustees. Restricted fund5 can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when speclfied by the donor or when funds are ralsed for particular restricted purposes. Further explanation of the nature and purpose of each fund is Included in the note5 to the flnancial statements. Hlre purchase and lease commltments Assets obtained under hire purchase contracts are capltallsed as tangible assets and depreciated over thelr useful lives. Obligatlons under such agreements are Included In credltors 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 incomc on a straight-linc basis over the lease term. Golng concern The financial statements have been prepared on a going concern basis as the trustees belleve that no material uncertainties exist. The trustee5 have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financlal statements. The budgeted income and expendTture is sufficient wlth the level of reserves for the charity to be able to continue as a going concern. Page 14 continued...
B.T.D.A. Limited (A Company Llmlted by Guarantee) Tradlng as Brltish Theatre Dance Association Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - contlnued Investments Investment5 are recognised Initially at fair value which is normally the transaction price excluding transaction costs. Subsequentlytr they are measured at fair value with changes recognised in 'net gainsl(losses) on investments. In the SOFA if the shares are publicly traded or their fair value can otherw15e be measured relTably. Other investments are measured at cost less impairment. Debtors and credltors recelvable/payable withln one year Debtor5 and creditors Wlth no stated interest rate and recelvable or payable withln one year are recorded at tran5actlon price. Any losses arlslng from Impairment are recognised in expendlture. Cash and cash equlvalents Cash and cash equivalents comprlse cash In hand and cash on deposlt. Penslon costs and other post-retfrement beneflts The charlty operates a defined contribution pension scheme. Contrlbutlons payable to the charlty's pension scheme are charged to the Statement of F1nancial ActivitTes In the perlod to which they relate. DONATION5, LEGACIES AND SUBSCRIPTIONS 2025 2024 Donations from subsidlary Subscriptlon5 7,195 14,089 OTHER TRADING ACTIVITIES 2025 2024 Admlnlstration fees INVESTMENT INCOME 2025 2024 Interest receivable Page15 continued...
B.T.D.A. Limited (A Company Llmited by Guarantee) Tradlng as Brltish Theatre Dance Association Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2025 INCOME FROM CHARITABLE ACTIVITIES An analysis of the income from charitable actlvltles is shovffl on the face of the Statement of Finandal Activities. RAISING FUNDS Cost of qeneratln8 subscrlptlons 2025 2024 Cost of generating subscriptlons 14,990 Other tradlng actlvltles 2025 2024 Staff costs Aggregate amounts CHARITABLE AcfiviTIES COSTS Grant fundlng of actlvltles (see note 10) Direct Costs (see note 9) Tota15 ExaminatTons Gala day Meetings and technlcons ChamplonshTPS, competltion and areas Scholarshlps 483,451 243,815 25,322 483,451 243,815 25,322 35,353 32,092 67,445 808 635 840 727 Page 16 continued...
B.T.D.A. Limited (A Company Limited by Guarantee) Tradlng as British Theatre Dance Association Notes to the Financial Statement5 - contlnued for the Year Ended 31 March 2025 DIRECT COSTS OF CHARITABLE ACTNITIES Championshlps, Competition Meetlngs Gala Day Total Total Examinations Technicons Areas kholarshlps 2025 2024 Support Costs Human re51Jurces 181,184 7,247 7,247 7,247 7,247 210,172 197,118 Establlshment 98,382 4,529 4,529 4,529 4,529 116,498 114,549 Prlntlng, P05tage, Stationery & advertising Overhead C05t5 24,539 718 18 718 1,766 28,459 28,765 23,334 1,419 1,419 1,419 1,419 29,010 32,500 Depreclatlon 786 29 29 29 29 902 sn 328,225 13,942 13,942 13,942 14,991 385,041 373,504 Actlvltle5 undertaken dlrectly 155 226 229 873 423 594 501 581 2025 483 451 243815 875 085 2024 Page 17 continued..
B.T.D.A. Llmlted (A Company Limited by Guarantee) Tradfng as British Theatre Dance Associatfon Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2025 10. GRANTS PAYABLE 2025 2024 Championshlps, competition and areas 32,092 31,092 The total grants pald to Instltutions durlng the year was as follows: 2025 2024 Total Grants The Assoclatlon makes grant5 to talented students attendlng Its courses and undertaking its examlnations. Grant of £31,092 was paid to Lelcester College of Performing Arts and £1,000 was pald to Dorset Foundatlon College. SUPPORT COSTS See note 12 for an analysls of other resources expended. 12. OTHER 2025 2024 Human resources Establlshment Printing, postage, stationery & advertlslng Overhead costs Depreciation 24,158 4,531 400 630 49 22,663 4,477 385 1,203 31 Page 18 continued...
B.T.D.A. Llmlted (A Company Limited by Guarantee) Trading as Britlsh Theatre Dance Association Notes to the Flnancial Statements - contlnued for the Year Ended 31 March 2025 13. Ntr INCOME/(EXPENDITURE) Net Incomel lexpendlture) is stated after chargingl (crediting): 2025 2024 Depreciation - owned assets 983 622 14. TRUSTEES, REMUNERATION AND BENEFITS Officers received emoluments during the year as follows. They are pald In the1r capacity as offlcers for whlch the legal authority15 given In the Artlcles of Assoclatlon. Mlss Ann Oliver 2025 2024 Remuneration Other beneflts 77,900 77,942 80,696 Helen Mence 2025 2024 Remuneration Pension contributions Other benefits 47,570 5,978 43,023 5,766 One dlrector12024: one) is accrulng retlrement benefits under a money purchase scheme. Trustees, expenses There were no trustees, expenses pald for the year ended 31 hlarch 2025 nor for the year ended 31 March 2024. Page 19 continued...
B.T.D.A. Llmlted (A Company Limited by Guarantee) Trading as British Theatre Dance Association Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2025 15. STAFF COSTS The total staff costs are analysed as follows. 2025 2024 Wage5 and salarle5 Soclal securlty costs Pension costs Health costs 230,852 17,238 10,946 9,385 217,332 16,332 10,294 7,81J) 268,421 251,748 Staff costs are Included WTthln the following expendlture categorfes: Cost of generating subscriptions Other trading activlties Charitable actlvlties - support costs Other costs . governance 7,247 26,842 210,172 6,797 25,175 197,118 268,421 251 758 The average monthly number of employee5 during the year was as follows: 2025 2024 Management and admlnistratlon The number of employees whose employee benef1ts lexcludlng employer penslon costs) exceeded £60,000 was: 2025 2024 £80,001 - £90,000 Page 20 continued...
B.T.D.A. Limlted (A Company Limited by Guarantee) Tradlng as British Theatre Dance Associatlon Notes to the Flnanclal Statements - contlnued for the Year Ended 31 hlarch 2025 16. INDEPENDENT EXAMINATION The total fee paid to the independent examiner for the Independent examinatlon was £5,9(M)+ VAT (2024: £Nil + VATI. Audit fees were £Nil + VAT {2024: £8,LKiO +VATI. Other fees pald to the independent examlnerlaudltor were £1,273 + VAT {2024: £6,835 + VATI for other accountancy services. 17. TANGIBLE FIXED ASSETS Fixtures and flttings Long leasehold Plant and mach1nery Computer equlpment Totals COST At 1 Aprll 2024 Additlons 62,447 20,580 126,944 101,840 311,811 At 31 March 2025 129 110 101 840 313 977 DEPRECIATION At 1 Aprll 2024 Charge for year 62,447 20,580 124,888 983 101,840 309,755 983 At 31 March 2025 125 871 101840 310 738 NET BOOK VALUE At 31 March 2025 At 31 March 2024 18. FIXED Assrr INVESTMENTS Shares In group undertaking MARKrr VALUE At 1 Aprll 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 There were no investment assets outside the UK. The company'5 investments at the balance sheet date in the Share capital of companles Include the follOng. Page 21 continued.
B.T.D.A. Llmlted (A Company Llmlted by Guarantee) Tradlng as Brltlsh Theatre Dance Assoclatlon Notes to the Flnanclal Statements - continued for the Year Ended 31 March 2025 18. FIXED ASSEf INVESTMENTS - continued Graded Qualifications Alliance (GQALI, reglstered number 04981850, is a company Ilmited by guarantee up to £1 per member. B.T.D.A. Is the sole member and has made a permanent capltal investment of £50.CKM). 31.3.25 31.3.24 Aggregate amount of assets, I1abll1tles and funds Turnover Expendlture ProfTtIII05s) 44,591 32,541 58,225 60,432 38,980 53,237 19,245 7,195 19. STOCKS 2025 2024 Stocks 20. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments and accrued Income 150 Page 22 continued...
B.T.D.A. Limited (A Company Llmited by Guarantee) Tradlng as Brltish Theatre Dance Assocaatlon Notes to the Financial Statements - continued for the Year Ended 31 March 2025 21. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade credltors Amounts owed to group undertakings Social security and other taxe5 Other credltors Accruals and deferred income 27,544 17,818 4,046 969 295,511 54,806 17,818 5,663 921 275 071 345,888 354,279 22. LEASING AGREEMENTS The follng are the total future mln1mum lease payments under non-cancellable operatlng leases: 2025 2024 Due withln one year Due between one and flve years Due In more than flve years 62,040 245,530 247 500 59,213 230,477 297,000 555,070 An annual rent of £49,500 is paid for the property occupled by the company. Th1s Is subject to a twenty-year lease which expires in 2035. 23. RELATED PARTY DISCLOSURES Durlng the year the company has glven scholarshlps In the form of college fees of £31,092 12024: £31,092} to Leicester College of Performlng Art5 Limited, a company controlled by Mr Nell Allen and In which Mlss Ann Ollver and Mr Neil Allen are dlrectors. The leasehold property occupled by the company is owned by International Arts Centre Llmlted, a company controlled by Mr Neil Allen and in which Miss Ann Ollver and Mr Neil Allen are also dlrectors. The rent charge for the year was £49,500 (2024: £49,500). International Art5 Centre Llmlted also recharge expenses to the company. The amount recharged during the year was £31,74212024: £22,627). During the year, the company paid £21,600 (2024: £21,600) to Unecom IT Limlted for the development and support of the Examtrack software. The director of Unecom IT Limlted is Mr L Smlth, the son In law of Mlss Ann Oliver. Page 23 continued...
B.T.D.A. Limited (A Company Llmfted by Guarantee) Tradlng as Brltlsh Theatre Dance Association Notes to the Flnanclal Statements - contfnued for the Year Ended 31 March 2025 24. POST BALANCE SHEEf EVENTS On 17 June 2025 a wholly owned subsidiary company named Qualing Limited (no. 16524983) was incorporated at Companies House. This company is expected to trade as a reta1ler of dance wear via mall order and via the Intemet. Page 24
B.T.D.A. Llmlted (A Company Llmlted by Guarantee) Tradin8 as Brftlsh Theatre Dance Association Detailed Statement of Financlal Actlvltles for the Year Ended 31 March 2025 2025 2024 INCOME AND ENDOWMENTS Donatlons. legacles and subscrlptlons Donations from subsidlary Subscrlptions 7,195 14,089 44,129 54,935 Other trading actlvftles Admlnlstration fees 2,738 3,913 Investment Income Interest recelvable 2,545 2,920 Charltable actlvltles Incoming resources f rom charitable activities 839 864 Total fncomlng resources 889,276 1,003,138 EXPENDITURE Cost of generatlng subscriptlons Cost of generating subscrfjption5 14,990 15,992 Other tradln8 actlvitles Wages 26,84Z 25,175 Charltable actlvltle5 Wages Rent, rates and Insurance Legal and professional fees Examlners fees and expenses Advertlslng General and travel Utilitles Cleaning and malntenance Equlpment renta15 IT c05t5 Carrled forward 210,1n 55,875 5,739 128,579 1,877 731 18,804 7,515 4,047 30,257 463,596 197,119 55,746 13,931 148,766 1,525 432 16,140 7,916 4,215 30,531 476,321 This page does not form part of the statutory financial statements Page 25
B.T.D.A. Llmlted (A Company Limited by Guarantee) Tradin8 as British Theatre Dance Assodatlon Detslled Statement of Financial Activities for the Year Ended 31 March 2025 2025 2024 Charltable actlvltles Brought fOard Postage and carriage Prlnting Stationery and office expenses Telephone Bank charges and interest CDEf subscriptlon and meetings Muslc and programmes of study Medals and trophles Gala day expenses Meetings and technlcons expenses Championship, competltion and area expenses Scholarshlp expenses Bad debts Plant and machinery Grants to institutions Student sponsorship 463,596 6,235 16,419 3,927 3,145 961 5,108 13,177 26,647 229,873 11,380 476,321 7,877 14,600 4,761 3,936 1,606 4,748 7,845 59,616 225,089 12,238 21,411 5.704 150 902 32,092 53,640 2,234 574 31,092 840,727 906,177 Support costs Flnance Bank charges 52 88 Human resources Wages 24,158 22,658 Other Rates and water Llght and heat Telephone Postage and statlonery 1,783 600 175 66 1,780 516 219 84 L li Sundrles Cleanlng and malntenance Equipment rentals IT costs Stationery and office expenses Legal and professional fees Carrled forward 46 240 225 1,681 42 359 5,217 27 254 234 1,696 51 871 5,732 Thi5 page doe5 not form part of the statutory financial statements Page 26
B.T.D.A. Llmlted (A Company Limlted by Guarantee) Trading as Britlsh Theatre Dance Associatlon Detailed Statement of Financial Actlvltles for the Year Ended 31 March 2025 2025 2024 Other Brought forward Printing Advertising Plant and machinery 5,217 175 117 49 5,732 155 95 31 Total resources expended 912 327 976 103 Net (expendlture)/lncome 23 051> This page does not form part of the statutory financial statements Page 27