R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarant•o) UNAUDITED FINANCIAL STATEMENTS Year ended: 31 March 2024 Charity no: 1077369 Company no: 3458069
RJC PRODUCTIONS LIMfTED (A Company Limited by Guarante&) DIRECTORS. REPORT 31 March 2024 The directors are pl8ased to present thelr annual directors, report together with the finanGial statements of the charity for th8 year ending 31 March 2024 which are also prepared to meet the requlrements for a directors, report and accounts for Companies Act purposes. The financial ststèments comply with th8 Charltles Act 2011, the Companles Act 2006. the Memorandum and Articles of Association, and the Charities Stalement of Recommended Practice {°Charitles SORP.) (applicable to charities pr8paring their accounts in accordance with the Financi81 Reportlng Stsndard applicable in the UK and Republic of Ireland,. FRS 102) issued in October 2019. OUR PURPOSES AND ACTIVITIES Tho GoMpanS objects and prlnclpal activities are to provide dance tralning, perforniance I entertainment and education. In shaping our objectives for Ihe year and planning our activilies we have Considered the Charity Commisslon's guld8nce on public benefit, including the guidance "publiG bgnefit runnlng a charity <PB2)" at our dlre¢tors' meetings. We seek to promote the above aim by providing our s8rvices to the n8ediest regardless of their financlal clrcumstances. ACHIEVEMEIUS AND PERFORMANCE In the y8ar th8 company celebrated its 30th Anniversary the company is pleased to report its 100 member Intergenerational Camival troupe "Natrobeat" won the Best Troupe at Leeds Wesl Indian Carnival 2023 uslng sustalnable costume design. Dance Provision RJC continues to d81iver a thriving Weekly culturally divers8 Youth Dance Provlsion for over 140 young people aged 4 - 19 years from our base at the Mandela Centr8 in the heart of the communlty of Chapeltown, Leeds. We offer a unique excltlng and inspirational programme of work which places youth development & education at the heart of our delSvery and supports talent d8velopment. The company's youth provision consists of 8 groups of young people and we delivered over 240 sessions for these young peopl8, 12Yo of whom were male. The company also delfvered 4 A¢livlty Camps for young people and 1 Youth Theatre Camp engaging 138 young people, 8 of whom were male. In addltlon, we provided 19 Workshops durfng the year in 5 schools. We continued our Work In thè Communlty with our Adult Communlty face to face sessions for 18+ reaching over 40 w88kly participants and also wllh our AdultlElders Onllne Active community sessions every 4 weeks where the average ag8 of the participants Is 72 years, Performances During the year our groups participated l or parfomied In a number of perfomiance events reaching audlences totalling 60,000. Events induded: Fresh 2023 R8gional Dance Showcase 8l Leeds Playhouse. Fresh 2024 Regional Representation at Cast, Doncaster. Windrnsh 2023 Dance R8ndition at the New Testament Church of God, Harehills, Leeds. B8eston Festival. Lgeds 2024. Space 2 20th Annlversary Showcase at Leeds Playhouse. Leeds West Indian Carnival, Royalty Show at Leeds Playhouse. L88ds West Indian Carnival. Camival Stage.
RJC PRODUCTIONS LIMrrED (A Company Llmlted by Guarantee) DIRECTORS, REPORT 31 March 2024 Chapel Allerton Arts Festival. L88d8. Leeds Communlty Foundatlon Supporter Event. Leeds Compassionale City Awards. Community Dance Platform, Northern School of Contemporary Dance. RJC 30th Anniven88ry Exhibition at Reginald Centre Community Hub. RJC 30th Annivensary Showcase Event at thg Riley Theatre, Leeds. RJC 30th Anniversary Showcase Event at the Mandala Centre, Leeds. FINANCIAL REVIEW Ovarvlew During the year under revlew the company's had a net incom8 of on unrestricted funds £16.525. PrtnGipal Fundlng Sources The principal funding sources of th8 company are grant8 from Arts Council England and Leeds City Coun¢ll. Investment Policy Under the Memorandum and Artldes of Association the company has the power lo make any Investment which the DlreGtors see frt. Reserves Policy and Going Concern The directors have reviewed the companvs needs for reserves in line wlth the guldance issued by lh8 Charity Commission. At 31 March 2024 unrestrlcted general funds stood at £92,049 and d8signat8d funds stood at £9,600. Our Intentlon Is to malntain unrestricted reserves at a mlnlmum of 6 months running costs. The Restricted Funds at 31 March 2024 stood at £14.269. The directors consider that there are no materlal uncertaintles about the charitable companws ability to continue as a going concern. PLANS FOR FITfuRE PERIODS The company plans to: Build its Youth Provision capacity to pr&COVID levels. Offer accr8ditation for young people. through Bronze Arts AWars. Offer 5 FREE Holiday Activily Camps during school hollday time as an access point to young P90ple new to the organisation. Contlnue RJC Dan,5 interest in the Ass8t Transfer of the Mand8la Centre. Continu8 to increase inGomg through its capital assets,. FUC Dance studio, Creatlve SpacelKitchen at the Mand81a C8ntre and our minibus. Develop 'Staging the Archive, a creative partnership project with British Library, Le8ds Playhouse, University of Leeds and Wikimedia U.K.
RJC PRODUCTIONS LIMITED {A Company Llmlted by Guarant88) DIRECTORS, REPORT 31 March 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name: R J C Productlons Llmil Charity R8g18tration Number: 1077369 Company Reglslration Number. 3458069 Reglstered Officé The Mandela Centre Chapeltown Road Leeds LS7 3HY Directors The Dlrectors who hava served during the year were.. B M Brown J Browne R Bundey A J Huxtable S Morgan A Ogllivie Secretary W S Gascoigne Senior Management Team K Willlams W S Gascoigne ExpLutive Director Admlnlstrator Independent Examiners O'Brien & Co Chartered Accountants 31A Finkle Street Selby Y08 4DT Bankers Barclays Bank plc Business Centre PO Box 100 Leeds LS14PA
RJC PRODUCTIONS LIMITED (A Company Limitod by Guarant88) DIRECTORS, REPORT 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMEiir Governlng Document The organisatlon is a charitable company limlted by guaranlee, incorpor8led on 30 October 1997 and register8d as a charity on 10 S8pt8mb8r 1999. The company was establlshed under a Memorandum of Assoclation which established the objects and power8 of th8 charltable Company and is governed under Its Articles of Association. In the event of the company being wound up during th6 pgriod of membership, or within one ye8r afterwards, members are requlred to contribute an amount not exc8eding £10. Recrultment and Appolntment to Board of Director8 The directors of the company are also charity trustees for the purposes of charity law. Board memb8rs hava considerable skills and gxperignca of worklng across 8 range of youth. community, dance and educational seltings. Olh8r representation includgs finance and management skills to ensure the most effeclive runnlng of the company. Th6 Board regularly undertakes a skllls audit and in the event of a particular sklll being lost, or new skllls being required, will approaGh indtviduals to offer th8m8elves for 818Ction to the Board. Dlrectors, Inductlon and Tralnlng Upon belng approached to stand for election to the Board, potential directors are s8nl an information pack that details both the legal and fin8nclal obligations of directors and speclFic information regarding the ethos and aclivili88 of the company. OnGe appointed. the dIrlDr receives an nductlon Informatlon pack, dr8wn from Charity Commission. Arts Council and other relevant publlcafjffls. An inlrodu¢tion to tho company wlth the Chair and senior manag8m6nt team is also undertaken. This covers.. The obligations of Board m8mbers and specific applications of skllls broughl by th8 individual Board member. The main documents which set out the operational framework for the company including the M8mor8ndum and Articles of Association. Funding sources and the cuThent flnancial position as set out in the latest accounts. Future plans and objectives. Additionally, all directors are asked to attend events and actl%Alles on a regular basis and an annual Away Day to familiarise and update themselves with the company and the contexl wlthin which It operates. Further training opportunltles are offered through sessions run by 0th8r Board members and voluntary sector support organlsatlons. Organisation R J C Productions Limited had a Board of 6 directors who meet quartedy and are responsible for the strateg1¢ direGtion and policy of the company. The directors are from a v8ri8ty of professional backgrounds relevant to the worl( and skllls needs of the company. A scheme of delegation is In place and day to day responsibility for the provision of th8 services rests wlth the senlor management team. The senior management team are responsible for ensuring that the company delivers thg services specrfied and that key performance ind1(l0rS are met. Related Partie5 Arts Council England and Leeds Clty Council provide 8SS8ntial core funding for the company.
RJC PRODUGYIQNS LIMITEFJ (A Coini)any Llmlted by Guar<into8) DIRECTORS, REPORT 8.1 Maroh 2L124 Pay pollcy for tsonlor Staff Th6 bo&rd of dlreclurs, who are th6 cliarflablo compsny'8 Iru8te98, and tho 8anlor Thignagemèiil team ¢oiJpr1$9 Ihe key Mariagl&nI p@rsonn81 ot tho charltablg oharfty In oh8rge of diroollng and conlrollirig, wnnlng and opgrallng Itie wmpany on 8 doy lo day b&sl$, All (lirets4Grs glv6 of tholr Élme fregly snd diroctor rtiogSvfyd rFmuner&tion or expen58S tn tFi8 year, Thfj pHy of the senbr ¥tAff18 revlewed Annuaiiy and iiDrmaNy Inci'eased In accorclance wlth average oHrnlng8 ol olh91' organijatlon8 h the ¢arfj sgctor of slmllar slze run on 8 voluntary bagls. Rlsk Managfjmont Apprr)prlate w6tomts aiid procedures have boeii establish¢d to millgato th8 rlsk8 faclng the company. xtomal rlsk¥ to funding havo led to tho dovolDpm&nt ol a bu8lné9S plan whlth will allow for a mlxfyd Ewnorny approacli to flngnGI81 m&nagèmenl. Internal conlroi rlsks ora minlmlsod by Ilie Implomentallon of wocoduies lor authi)rtsatlon of all tr&n8aGllons and projeGts. Procedures &rf i place tr) Ènsure ¢omp118n¢k w5th heèlth and Bafety of 818ff, vts5unl8er8, cll8nt8, audlencos vl8ilor8 lo he bulldlnu. Thoso procedures annuolly revlewod to onsuro tlial they ¢jonnUe tt) m8)t Iho needs or the company. STATEMENT OF DIRECTORS, RESPOP481BILifiES The dlrortU8 (who are dlreotors for th& purpo8 of Compariy Law and trustge8 lor Ihe purpose of Ch8rtty Law) are re8pon8ible for prBparln9 the Tn161oos' Report ahd tli8 financlal 91at8ments In 8ccordanrts wlth appll¢ablo law Unitad Klngdoffi Accountlng Slandards, indudlng Flnandal Reportlng, 8tsndsJrd 102: Thg Fln£4nclal Rw7orllng Stsndairl 8ppljcab16 th6 UK 8nd Republ of Irelajid (United Klngdom Generally Amlod ArLounllng Pracilco). Company IAW mqulros th& dlrfjctors to prepfire Iln&nttlal $tatE)monle for each llnanoial year whlch glvg a truo and fsli. v19w of tho 8t8tft of the affalrs of Ihe charltable company and of the Income and xp6ndliure. of th8 ¢harltable wmpany lor Ihal pertod. In preparing those financlal Btalemenls, tha dirÈctor8 are rUIred to: s$l&ol 8ultablè Hc¢ounllng policies and Ihon 8pply them consl6tenlJy' obsfsrve thb melhods and prfnclple& In the Charlties SORP. Indkg ludgementB and @8llmatgs' Ihal aro reason8blv qnd wUdt staf9 Wh8lh8r appllcable UK occouiittng slandurd6 have been followed, subiecl to ally tH&terial departures dl8closed and explalned In the finaiicial Btatemanls, and prepare Ihe finantrlal st8temenls on tha golng concorn basls uni8s$ 11 Is Inappropri8t6 to aUmt) that tlie charitabl& Company will coritlnue In bu8lness. The dlr6e.tor8 ar8 re$ponslbl$ for keaplng &doquate aocountlng recDrd6 Ihat dlscloso wlth raasonable accuppcy at any itrne the financkl poslilon of tho COanY and onabla them to ensure that thé ftnanalal statements comply with th& Conipanlgs Act 2006. They are al30 r8%pon8lbl& for safeguardlng tho a¥se18 of the charttablo Company and hen¢9 for taking reusonable stops for the PFevenlion aTid detection of fraud ond oth¢r Irregularlfles. The dlrector8 8ra reEponsble for the mahtWJnance and Iritogrlty of the corporate and finanolal Infonnatlon Indud$d on the cornp8ny's w6b6tie. LwglBlallon In the Unifod Kingclom, gov¢mSnLJ tlio preparalion *iid dlssomlnauon of finaaolal stateMenl8, Fnay differ from legi818tion In other jurfsdlcllons. Approv&d by thB board of dIr&'tO on 23 Sept6mber 2024 and 8igned on tt8 behalf by: A HUXTABLE DEr&clor
R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (Includlng an Income and Expendlture Account) for the year ended 31 March 2024 Unrestricted Designaled Rastrlctèd Funds Fund5 Funds 2024 Total Funds 2024 Totsl Funds 2023 Note 2024 2024 INCOME Donations 16,046 16,046 8,907 Income from Charitablè Actlvitles 247,547 0 247,547 159,019 Investment Income 1,321 1,321 208 Total Income 264,914 0 264,914 188,134 EXPENDITURE Costs of Raising Fund8 700 Expenditure on Charilable Activities 248,389 4,756 253,145 157.686 Total Expendlture 248,389 4,756 253,145 158,386 Net incomel (expenditure) for th8 year 16,525 (4,756) 11,769 9,748 Transfers between Funds for the year N8t Movamenl in Funds 16.525 (4,756) 11,769 9,748 Reconclliatlon of Funds FUND BALANCES BIF 75,524 9,500 19,025 104,049 94.301 FUND BALANCES CIF 14 92,049 9,500 14,269 115,818 104049 The statement of financial activitiès Includ88 all gains and losses recognlsed In the year. All incoming resources and resources expended derive from continuing aclivities. The notes on pages 8 to 16 form part of these flnancial statements.
R J C PRODUCTIONS UMITED (A Conip&ny Llnilted by Guaranta¢) BALANCE SHEEI. 31 March'2024 2024 2023 nole FIXED ASSEI'S Tanglblo AB8el8 19,025 11 14,269 CURRENT A85ET8 Dobtorm C88h at bank & In hand 42 16,874 9,4QO 81,841 01,241 113,002 LIABILITIES Credl£or¥ falllrig due wllhln on8 year NET CURRENT A8SETS 13 101,549 85,Q24 116818 104 Q49 NET ASSETS FUNDS Unre8trl¢led Funds r)e$lgnal6(l Funds Re8lriGted Fund8 1,4 92,04Q g,Joo 14,265 75,fj24 9,500 104,049 For IhB flnancial yo8r ond¢d Sl March 2024 Ihe charltablv company was entwed to expmptlon from-audit under secllon 47'T Coinparu'og Act 2008 relatirng to Small corripanles. The mombers havo rKJt foqulred the chaT51able aompany to obtaln an aucfit of aoGounts for th& Year In questlon In aceordance wlth sectSon 47tl of Ihe Act. Tho director8 acknowt8dge thèlr reBponsibilltie3 for complylng with the reguSremonts of lh6 Companles AL'I 2006 th r88peG't to accounllny reoords and tli6 pr6paration of aocounts. Thos8 a0uovnts*a'ts0tsn prepard Ih occordanoB wllh Ihe prov181ons applictiible to ¢OMpanles 8ubJoQt Ici Iho 8mall companles, roglme Tre flnanGial st8tement8 WE)re approved by the Ejoard of Direcknr8 on 23 Saptembor 2024 and slgned on its belialf by: A HUXTABLE DiroGlor Compuny no: 34Jf80
R J C PRODUCTIONS LIMITED
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
31 March 2024
ACCOUNTING POLICIES
The princlpal accounllng pollcies are summarlsed below. The accounting policies have been applled
consistently throughout the year and In the preceding year.
Basls of Preparatlon
The financial statements have been prepared in accordance wlth the Charlties: Statement of
Recommended Practlce
R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS {Gontinued) 31 March 2024 ACCOUNTING POLICIES (continued) Fund Accountlng Unrestricted funds are available to spend on actlvltles that further any of the purpose8 of charity. Designated funds are unrestrlcled funds of the charity which the trustees have decided at thelr dlscr&tlon to S6t asida to use for a speclfic purpose. Restrlcted funds are donatlons whlch the donor has specified are to be solely used for particular areas of the charitys work or for speorfic proleots belng undertaken by the charity. Expendlture Expendlture Is recognis8d once therè is a legal or constru¢tlve obllgatlon to make a payment to a thlrd party, It Ss probable that settlement will be required and Ihe amount of the obligation can be measured reliably. Expendlture on charitable activitie8 Includes dlrect project costs, Staff costs and thair associated support costs. Irr8coverable VAT is charged as a cosl agalnsl the activty for which the expendlture was incurred. Allocation of Support Costs Support cosls are those functions that assist the work of the charity but do not directly undertake Gharitable activities. Support costs Include back Off1 costs, flnance, personnel, payroll and governance costs which support the company's activities. The bases on which support costs have been allocaled are set out in note 6. Tanglblo Fixed Assets Tangible fixed assets ar8 depreciated on a reducing balance basis over thelr estimated useful lives as follows: Annual Rate reducing balance basis 1 OOYr* Stralght Ilne Plant & Equipment Mlnlbus Debtors Trade and other debtor8 are recognised at the settjement amount duè after any trade discount offered, Prepayments are valued al the amount prepaid after taking account of any trade discounts due. Cash at Bank and In Hand Cash at bank and cash In hand Is In respect of bank balances. Creditors and Provlslons Creditors and provlslons 8re recognised where the charty has a present obligatlon resulting from a pasl event thal will probably result In the transfer of funds to a third party and the amount du8 to sett18 the obligation can be measured or 6Stimated r81iably. Creditors and provisions are normally recognised at thelr settlement amount after allowing for any trade dlscounts due, Flnanclal Instruments The charity only has financial assels and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction valu8 and subsequently measured at their settlement value wlth the exception of bank loans which are subsequently measured at the carrying value plus accrued interest less repaymenls.
R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarantee) 10 NOTES TO THE FINANCIAL STATEMENTS {contlnued) 31 March 2024 ACCOUNTING POLICIES (continued) Pènslon Costs The company has a deflned Contrlbution Pension Schem@. The pension costs charged to the statement of Financial Activities are the premlums payable in respect of the accountlng period. Significant Judgomonts and Estlmates In applying its accounting policies the company did not have to make any slgnificant Judgemenls. or estimates LEGAL STATUS OF THE CHARITY The charity is a company Ilmited by gu8ranlee and has no share capital. In the event of th6 charity being wound up, the liability in respect of the guarantee Is Ilmlted to £1 per member of the charity. At 31 March 2024 ther& were 6 mem bers. Unrestricted Deslgnataj ReslriGted Funds Funds Funds Total FurKI8 2024 Total Funds 2023 DONATIONS 2024 2024 2024 FurK£raising Donatlons 13.878 2,168 16,046 13,878 2,168 16,046 7,600 1,307 8,7 INCOME FROM CHARITABLE ACTIVITIES Unrestrfcted Designaled Restrithd Funds FuThYs Funds Total Funds 2024 Total Funds 2023 2024 2024 2024 Grants Arts Council England Leeds City Council arts@leeds Leeds Community Foundation Other Tolal Grants 151,608 13.614 15,000 151,608 13,614 15,000 77,872 11,876 15,OIXI 3,106 107,654 180,222 180.222 Fees & Other Income 67,325 67,325 51,365 247.547 0 247,547 159,019
R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarantee) 11 NOTES TO THE FINANCIAL STATEMENTS (continued) 31 March 2024 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTivrriES Youth I Comrnunlty Youth I Community Dance Dance 2024 2023 Staffing Admlnlstratlon Premises Other Expenditure Shows & R&sldencl&s Depreciation Supporl Costs (see note 6) Governance Costs {see rN)t8 6) 152,127 14,634 104,945 10,077 1,565 19,174 3,594 6,342 7,814 4,175 157,686 21,666 45,975 4.756 9,602 4,385 253,145 Th8 company undertakes participatory creative activity with th young people (4yrs-19yTS) and also adults includlng dance, theatre skllls, gymnastics, residentials & performance alongslde personal and social development. ANALYSIS OF GOVERNANCE AND SUPPORT COSTS The company initially idenlrfies the costs of its support functions. It then identifies those costs which relate to the governance function. The table below sets out the basis for 8PPOrtionment and the analysis of support and governance Gosts. General sW)[rt Governanoe Fundon Total Basis of Apportionment Staffing Administration IndeperKlent Exam ination & Payroll Services 8,538 1,D64 8,538 aGtual Gosts 1,064 pm rata 4,385 aGtual costs 13,987 4.385 4,385 9,602 Analysis of Governance and Support Costs - prevlous ye ar General Governance Support FunGtion Total Basls of Apportionment Staffing Administration Premises Independent Examination & Payroll Services 8,786 926 102 6,786 actual costs 926 pro rats 102 pro rats 4.175 actual costs 11,989 7,814 4,175 NET INCOME I (EXPENDITURE) FOR THE YEAR is stated after charging- 2024 2023 Depreciation Independent Examination, Accountancy & Payroll Services 4,756 6.342 4,385 4,175
R J C PRODUCTIONS LIMITED (A Company Limited by Guarant88) 12 NOTES TO THE FINANCIAL STATEMENTS (contlnued) 31 March 2024 2024 2023 STAFF COSTS & NUMBERS Salaries Soclal S8curlty Cosls Penslon Costs 122,789 7,133 4.6 134,612 82,597 2,491 86.927 No employees eamed in excess of £60,000 p.a. The average number of employees during the year, calculated on the basis of full time equivalents, was as follDWS: 2024 Number 2023 Number Artistic Team Admlnlstratbn Kèy Management Pèrsonnol The key management personnel comprlse the trustees, the executlve dlrector and the administrator. No remuneration was paid to any trustees {2023: £nil)- No exp8nses were reimbursed to truste@s during th8 ar (2023- £nil). Th8 total emoluments of the key manag8ment personnel (salaries, employ8r's NIC and pension costs) durlng the year was £87,573 (2023: £67,g41). RELATED PARTY TRANSACTIONS No director or other person related to the Charitable Company had any personal Interest in any conlract or transaction entered into by the Charitable Company during the year (2023 - Nil). 10 CORPORATION TAXATION As a charlty R J C Productions Llmlted Is exempt from tax on income and gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or s256 of the Taxation of Chargeable Gains Acl 1992 to the extent that these are applied to tts charltable objects. No tax charge has arisen in the year.
R J C PRODUCTIONS LIMITED (A Company Llmlted by Guarantae) 13 NOTES TO THE FINANCIAL STATEMENTS {continued) 31 March 2024 11 TANGIBLE FIXED ASSETS Planl & Equipment Minibus Total COST At 1 April 2023 Additions Disposals At 31 March 2024 157,618 35,000 192,618 157,618 35,000 192,618 DEPRECIATION At 1 April 2023 Charge for the Year Dlsposals At 31 March 2024 138,593 4,756 35,000 173,593 4,756 143,349 35,000 178,349 NET BOOK VALUE At 31 March 2024 14,269 14.269 At 31 March 2023 19,025 19,025 All fixed assels are used in direct furtheranGe of the chariws objects. At 31 March 2024 the company had made no capltal commltments (2023., £0). 2024 2023 12 DEBTORS: amounts falling due within one year: Trade Debtors PrepayTnent8 & Accrued Income 12,874 4,0 16,874 9,400 9,400 2023 2023 13 CREDITORS: amounts falllng due within one year: Other Creditors & Accruals other Taxes & Social Security Costs 6,805 4,595 1,622 6,217 11,453
R J C PRODUCTIONS LIMITED (A Company Llmited by Guarante8) 14 NOTES TO THE FINANCIAL STATEMENTS (continugd) 31 March 2024 14 FUNDS BIF Incoming Resources Transf8r8 01.04.23 Resources Expended CIF 31.03.24 Unrestricted Funds General 75,524 264,914 248,389 92,049 Deslgnated Funds Building Development Fund 9,500 9,500 Total Unrestricted Funds 85,024 264,914 248,389 101,549 Restrlcted Funds Capital Funding Programme 19,025 4,756 14,269 TOTAL FUNDS 104.049 264,914 253.145 115,818 Analysis of Movements In Funds - prevlous year FUNDS BIF Incomlng Resources Transfers 01.04.22 Resources Expended CIF 31.03.23 Unrostricted Funds General 59,434 168,134 152.044 75,524 Designated Funds Building Development Fund 9,500 9,500 Total Unrestrlcted Funds 64,286 168.134 152,044 85,024 Restrlcted Funds Capital Funding Programme 25,367 6,342 TOTAL FUNDS 89,633 168,134 158,386 104,049 Purpose of Designated Fund.. Building Development Fund.. Thls fund is to support the ongoing development of the RJC Dance studio and Office at the Mandela Centre. Purpose of RestriGted Funds.. The Capltal Funding Programme provides granfs to fund the refurbishment and upgrade of the companls studio facilities.
R J C PRODUCTIONS LIMITED (A Company Limited by Guarante8) 15 NOTES TO THE FINANCIAL STATEMENTS (continued) 31 March 2024 15 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted D6slgnat8d Restdct8d 2024 Total 2024 2024 2024 Tanglble Fixed Assels Current Assets Creditors.. du8 Wlthin one year 14,269 14,269 113,002 11,453 14,269 115.818 103,502 11.453 92,049 9,500 9,500 Analysls of Net Assets between Funds - prevlous year Unr88Mcted Deslgnat8d Reslrlct@d 2023 2023 2023 Total 2023 Tangible Fixed Assets Current Assets Creditors.. due wilhin one year 19,025 19,025 91,241 6,217 19,025 104,049 81,741 6,217 75,524 9,500 9,500 16 FUTURE FINANCIAL COMMITMENTS At 31 March 2024 the company had total commitments under operatlng leases over the remaining Ilfe of these assets of £nil {2023.. £nil).
R J C PRODUCTIONS LIMITED (A Company Limited by Guarant68) 16 NOTES TO THE FINANCIAL STATEMENTS (contlnued) 31 March 2024 17 STATEMENT OF FINANCIAL ACTIVITIES - comparatlVO Unrgstrlcted DeSIated Restrlct8d Funds Funds Funds 2023 Total Funds 2023 Note 2023 2023 INCOME Donations Income from Charitable Activitles Investm8nt Income Total Income 8,907 159,019 208 168,134 8,907 159,019 208 0 168,134 EXPENDITURE Costs of Raislng Funds Expenditure on Charltable Actfvitles Total Expendlture 700 700 151,344 152,044 6.342 157,686 6,342 158,386 Net Incomel (expendlture) for the year 16,090 (6.342) 9,748 Transfers bgtwgan Fund8 for the year Net Movement in Funds 16,090 (6.342) 9,748 Reconciliation of Fund8 FUND BALANCES BJF 59,434 9,500 25,367 94,301 FUND BALANCES CIF 14 75,524 9,500 19,025 104,049
RJC PRODUCTIONS LIMITED (A Company Limited by Guarantee) 17 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RJC PRODUCTIONS LIMITED I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 16. Responsibilities and basls of report As the charlty's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006 ('the 2006 Act,). Havlng satisfied myself that the accounts of the company are not required to be audited und8r Part 16 of the 2006 Act and are eliglble for Independent examination, I report in respect of my examination of your charills accounts as carrled out under section 145 of the Charities Act 2011 (the '2011 Acl,). In carrying out my examination I have followed the Directions giv&n by the Charily Commission under sectlon 145(5)(b) of the 2011 Act. Independent examiner's report Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 AGI. I confirm Ihat l am qualified to undertake the examination because l am a member of The Institute of Charlered Accountsnts In England and Wales, which 15 one of the lisled bodies. I have Gompleted my examination. I confirm that no matters have come to my attentlon In connection with the examinalion giving me cause to believe.. 1) accounting records were not kept In respect of the company as requlred by section 386 of the 2006 Act; or 2) the accounts do not accord with those accounting records,. or 3) the accounts do not comply with the accountlng requlrements of section 396 of the 2tK)6 Act other than any requirement Ihat the accounts give a 'true and falr, vlew which is not a matter considered as part of an Independent examination; or 4) the accounts have not be8n prepared in acGordance with the methods and prlnciples of the Statement of Recommended practi for accounting and reporting by charltie8 [applicable to charities preparing their accounts in accordance wlth the Financlal Reportlng Standard appllcable In the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in conneclion with the ex8mlnatlon to which attention should be drawn in this report in order to enable a proper unden8landing of the accounts to be reaohed. ¢ i[,'L S W O'BRIEN O'BRIEN & CO Chartored Accountants 31a Finkla Str¢•t Selby Y08 4DT 23 September 2024