Charity Number 1155729
RHYTHM BEAT AND DRAMA FINANCIAL STATEMENTS 31 MARCH 2024
RHYTHM BEAT AND DRAMA
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
| CONTENTS | PAGE |
|---|---|
| Trustees and professional advisers | 1 |
| Trustees Annual Report | 2-4 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8-9 |
RHYTHM BEAT AND DRAMA
TRUSTEES AND PROFESSIONAL ADVISERS
Registered charity name Rhythm Beat and Drama Charity number 1078556 Principal office 34 Leadale Road London N16 6DA Trustees J M Gottlieb F Weber H E Spitzer Independent examiner JS&CO Accountants Ltd 26 Theydon Road London E5 9NA Bankers TSB
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RHYTHM BEAT AND DRAMA
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of trustees and professional advisors on page 1 of the financial statements.
THE TRUSTEES
The trustees who served the charity during the period were as follows:
J M Gottlieb F Weber H E Spitzer
All major decisions are taken collectively by the trustees.
The trustees are volunteers and details of any related party transactions are disclosed as applicable in the notes to the accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was registered on the 10[th] December 1999 with charity number 1078556.
Recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.
Risk review
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust, and are satisfied that systems are in place to manage our exposure to the major risks.
OBJECTIVES AND ACTIVITIES
We provide opportunities for drama, preforming arts and similar and related activities for members of the Orthodox Jewish community. To promote social welfare through recreational activities with the object of contributing to improving the conditions and lifestyles by providing respite through leisure activities. We thereby give the girls and women we work with the opportunity to express themselves and discover talents and personal resources within themselves.
Since 1997 Rhythm Beat and Drama has been a central part of women’s positive outlets in the Jewish community. Through our theatrical performances we’re able to engage a variety of members of the community, utilising latent talent and bringing together people of the different nationalities, sects within the Jewish community to celebrate our common history. Women and girls of all ages of the community, regardless of affiliation, join to perform. The performances are a platform for untapped local talent. This includes historical research, script writing, music composition, lyric writing, singing/voice training, creating an orchestra of a variety of instruments, studio work, drama, choreography and dance including different genres, costume design, fabric sourcing, sewing, theatrical make up, wig and hair design and application, set and prop design and creation, stage management, technical administration
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RHYTHM BEAT AND DRAMA
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
including lighting, miking, sound and videography, graphic design and PR activities and management.
PUBLIC BENEFIT
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
We have put on a number of performances over the years which incudes all the above activities. The hall has always been filled to full capacity at each and every performance.
Our Plans for the Future
To put on performances in order to continue to give women and girls the opportunity to develop, express and use talents and skills, and also allow people to experience a theatrical professional production.
Financial Review & Reserves Policy
Rhythm beat and drama fundraising efforts have been very successful this year, with many donations from within the community, who value our charities work.
Rhythm beat and drama aims to hold free reserves of 3months operational costs.
Signed on behalf of the trustees
Trustee
22[nd] January 2025
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RHYTHM BEAT AND DRAMA
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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RHYTHM BEAT AND DRAMA
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
I report on the accounts of the charity for the year ended 31 March 2024 set out on pages 7 to 10.
Respective Responsibilities of Trustees and Independent Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Act”) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Act;
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to follow the procedures laid down in the general directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act); and
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state whether particular matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
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a) which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with Section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
JS&CO Accountants Ltd 26 Theydon Road London E5 9NA
22[nd] January 2025
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RHYTHM BEAT AND DRAMA
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2024
| Notes INCOMING FROM Donations & Legacies Charitable Activities 4 Total Incoming resources EXPENDITURE ON Charitable activities 5,6 Total expended NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 2024 2024 2023 2023 2023 Unrestricted Restricted Total Funds Unrestricted Restricted Total Funds £ £ £ £ £ £ 76,740 76,740 0 0 2,500 2,500 22,500 22,500 |
|---|---|
| 76,740 2,500 79,240 0 22,500 22,500 54,773 22,000 76,773 0 3,000 3,000 |
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| 54,773 22,000 76,773 0 3,000 3,000 21,967 -19,500 2,467 0 19,500 19,500 2,118 19,500 21,618 2,118 0 2,118 |
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| 24,085 0 24,085 2,118 19,500 21,618 |
The Notes form part of the financial statements
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RHYTHM BEAT AND DRAMA
BALANCE SHEET 31-Mar-24
| Notes CURRENT ASSETS: Cash at bank and in hand CREDITORS: amounts falling due within one year 7 Net Current assets/(liabilities) NET CURRENT ASSETS: FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
2024 £ £ 24,745 24,745 -660 24,085 24,085 24,085 0 24,085 |
2023 £ £ 21,618 21,618 0 21,618 21,618 2,118 19,500 21,618 |
2023 £ £ 21,618 21,618 0 21,618 21,618 2,118 19,500 21,618 |
|---|---|---|---|
| 21,618 | |||
| 2,118 19,500 |
|||
| 21,618 |
Approved by the board of Trustees on: 22 January 2025 And signed on their behalf by:
Trustee
The Notes form part of these financial statements
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RHYTHM BEAT AND DRAMA
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024
1 ACCOUNTING POLICIES
Accounting convention
These accounts have been prepared in accordance with the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective January 2015). In preparing the accounts, the charity follows best practice as laid down in the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) issued in March 2005. Where there is a conflict between the FRSSE and the SORP, the SORP has been adopted in accordance with paragraph 419ff of the SORP.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on 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
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2 TRUSTEES REMUNERATION AND BENEFITS
No trustee received remuneration, allowance for or reimbursement of expenses.
3 RELATED PARTY
There were no related party transactions during the year
4 INCOMING FROM
| Donations & Legacies Charitable Activities TOTAL |
Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 £ £ £ £ 76,740 76,740 0 2,500 2,500 22,500 |
|---|---|
| 76,740 2,500 79,240 22,500 |
5 COSTS OF CHARITABLE ACTIVITIES BY ACTIVITY TYPE
| Events | Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 £ £ £ £ 54,113 22,000 76,113 3,000 |
|---|---|
| 54,113 22,000 76,113 3,000 |
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RHYTHM BEAT AND DRAMA
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024
6 GOVERNANCE COSTS
| 6 | GOVERNANCE COSTS | |||||
|---|---|---|---|---|---|---|
| Total | ||||||
| Unrestricted | Restricted | Total Funds | Funds | |||
| Funds | Funds | 2024 | 2023 | |||
| £ | £ | £ | £ | |||
| Accountancy | 660 | 660 | 0 | |||
| 660 | 0 | 660 | 0 | |||
| 7 | CREDITORS: AMOUNTS FALLING | |||||
| DUE WITHIN ONE YEAR | ||||||
| 6 | 2024 | 2023 | ||||
| £ | £ | |||||
| Accruals | 660 | 0 | ||||
| 660 | 0 | |||||
| 8 | MOVEMENTS IN FUNDS | Net movement | ||||
| At 1.4.23 | in funds | At 31.03.24 | ||||
| £ | £ | £ | ||||
| Restricted funds | ||||||
| General fund | 19,500 | -19,500 | 0 | |||
| Unrestricted funds | ||||||
| General fund | 2,118 | 21,967 | 24,085 | |||
| TOTAL FUNDS | 21,618 | 2,467 | 24,085 | |||
| Net movement in funds, included in the above are | as follows: | |||||
| Incoming | Resources | Movement in | ||||
| resources | expended | funds | ||||
| £ | £ | £ | ||||
| Restricted funds | ||||||
| General fund | 2,500 | 22,000 | -19,500 | |||
| Unrestricted funds | ||||||
| General fund | 76,740 | 54,773 | 21,967 | |||
| TOTAL FUNDS | 79,240 | 76,773 | 2,467 |
12 TAXATION
Rhythm beat and drama is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
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