.
Company registration number: 3888776 Charity registration number: 1079153
Council for Dance, Drama and Musical Theatre
known as CDMT (Formerly Council for Dance Education and Training)
A company limited by guarantee
Annual Report and Financial Statements for the Year Ended 29 February 2024
,
Diamond Accounts Limited Southerden House Market Street Hailsham East Sussex BN27 2AE
;
Council for Dance, Drama and Musical Theatre known as CDMT Contents
| Reference and administrative details | 1to2 |
|---|---|
| Trustees’ report | 3to7 |
| Independent examiner's report | 8 |
| Statement of financial activities | 9 |
| Balance sheet | 10 |
| Notestothefinancialstatements | 11to15 |
Council for Dance, Drama and Musical Theatre known as CDMT
Reference and Administrative Details
Charity name
Council for Dance, Drama and Musical Theatre (known as CDMT)
Charity registration number
1079153
Company registration number 3888776
Principal office
Salters’ Hall
4 London Wall Place London EC2Y 5AU
Registered office
Salters’ Hall
4 London Wall Place London EC2Y SAU
Trustees
Roger Bramble
Shirley Coen
Michael Dixon
David Grindrod
Hilary Hadley (Resigned 19/02/2024)
Tim Bennett-Hart (Resigned 19/02/2024)
Louise Norman (Resigned 08/02/2024)
Annette Pearson
Andrew Ward (Resigned 19/02/2024)
Jessica Ward
Gregg Whelan
Baroness Deborah Wilcox
Julie Williamson (Resigned 27/04/2023)
Jonathan Wood
Adam Adnyana (Appointed 19/02/2024) Michelle Major-Butler (Appointed 08/02/2024)
Page 1
Reference and Administrative Details
Council for Dance, Drama and Musical Theatre known as CDMT
Secretary
Solicitor
Bankers
Glyndwr Jones
Weil, Gotshal & Manges (London) LLP 110 Fetter Lane London EC4A 1AY
Coutts & Co London 440 The Strand London WC2R 0QS
CAF Bank Ltd Kings Hill West Malling : Kent ME19 4JQ
Accountant
Diamond Accounts
Southerden House Market Street Hailsham East Sussex BN27 2AE
Page 2
Council for Dance, Drama and Musical Theatre known as CDMT
Trustees’ Report
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the small companies’ regime under the Companies Act 2006.
STRUCTURE, GOVERNANCE AND MANAGEMENT
CDMT is a company limited by guarantee, incorporated on 6 December 1999 and registered as a charity on 28 January 2000.
The company is established under a Memorandum of Association, which sets out the objects and powers of CDMT and is governed by its Articles of Association.
The number of directors (who act as Trustees) shall be at least fourteen and not exceed sixteen, and each shall be appointed for a three year term of office. One third of the directors must retire at each Annual General Meeting. CDMT is a membership organisation governed by the Board of Trustees. A wide ranging programme of initiatives and projects is formulated in consultation with the membership which meets identified needs. Day to day operational management of CDMT is under the authority of the Director who reports to the Board of Trustees.
RISK MANAGEMENT
CDMT has considered the major risks to which it is exposed, establishing systems and procedures to manage them. A risk assessment is conducted annually to review the major challenges faced by the organisation and to ensure that the Board of Trustees (acting as directors of the charitable company) have a sound knowledge of the charity and are in an informed position regarding its operations.
OBJECTIVES AND ACTIVITIES
The principal activity of CDMT is to advance the education of all persons and principally children, young people and students in the art, practice and appreciation of the cultural significance of dance, drama and musical theatre, and to promote high standards in education and training in those performing arts.
In summary, CDMT:
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Accredits high quality professional training at full-time dance, drama and musical theatre schools, providing the industry benchmark since 1979
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Validates the world’s leading awarding organisations which offer dance, musical theatre and performing arts qualifications
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Recognises, by means of the Recognised Awards scheme, pre-vocational performing arts schools and teachers
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Works with Affiliates to develop the highest standards of programme provision across the performing arts
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Provides membership and other specialist services through the Conference of Professional Schools, Awarding Organisations Committee, Steering Group for the Dance and Drama Awards (DaDA), Affiliate meetings and Higher Education Forum
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Negotiates with government authorities on issues of education funding, policy and regulation.
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o Acts as the Secretariat of the All-Party Parliamentary Group (APPG) for Performing Arts Education and Training
Page 3
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Manages a substantial public-facing online platform cdmt.org.uk which promotes members and services, as well as administering two information websites for the DaDA scheme and Graded Examinations respectively
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Publishes the UK Guide which is the definitive resource for those seeking information on quality provision in the sector
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Operates a free comprehensive information service for students, parents, teachers, artists and employers.
EXPENDITURE POLICY
Annual budgets for all aspects of activities are agreed by the Honorary Treasurer and the Director, and submitted to the Board of Trustees for comment and approval prior to the commencement of each financial year. Significant amendments to agreed budgets during a financial year are discussed by the Honorary Treasurer and Director in the first instance and subsequently presented to the Board for comment and approval or otherwise.
ANNUAL REPORT
As the only industry body in the UK offering quality assurance and membership services to institutions delivering training, education and assessment in the performing arts, CDMT is honoured to serve the many professional schools, conservatoires and awarding organisations who make up our membership.
Together, we share a mission both to advance outstanding artistic performance across dance, drama, and musical theatre, and also to secure the highest standards at every level of training, education and assessment in the performing arts. CDMT is proud to celebrate the achievements of the institutions it serves, and of their students, and to champion the contributions they all make to the vibrant and energised sector of which we are all part.
We all know at first hand the powerful impact that experience of the performing arts can unlock for individuals, and their communities, throughout society. Some will, through that exposure, come to see the world differently, undergoing potentially life-changing and mind-expanding transformations. Others, through dedication and hard work, will go on to pursue their passion at the highest level.
In recent years, CDMT’s work has been focussed strongly on advocacy, as we seek to stimulate debate and influence policymaking in the sector. Our hard-hitting report Securing Access to Performing Arts Education for All: Building a Stronger Future, launched at the House of Lords in Autumn 2023, makes the case that the power and joy of the performing arts should be open to all, regardless of background, to experience for themselves. Our powerful Manifestofor Performing Arts Education, launched at the House of Commons in Spring 2024 with the backing of Andrew Lloyd Webber KG and Sir Cameron Mackintosh, develops the argument further, for an even wider audience. The publication builds on the two consultation sessions held at Westminster by CDMT for the sector in 2023, and includes parliamentary statements of support from Lord Aberdare, Baroness Benjamin, Baroness Bonham Carter, Lord Vaizey and Baroness Wilcox of Newport.
This is not to ask for charity. As well as improving life outcomes, and giving space to artistic expression of all types, the performing arts industry contributes hugely to the UK economy, and in this context the maintenance of a viable pipeline of talent through to the highest professional levels makes financial, as well as cultural, philosophical and humanitarian sense.
Increasingly, it is part of CDMT’s mission to find the points of resonance between two distinct sides of : artistic activity: the inspirational, aspirational and transformative on the one hand, and the professional, standards-driven and business-oriented on the other. Where head and heart meet, and chime, is where they fuse, uniting to ensure the arts are a part of all our lives long into the future, for the good of society as a whole.
Page 4
We actively continue to:
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Conduct institutional inspection visits and related monitoring activities
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Emphasise members’ interests to parliamentarians, civil servants and regulators
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Host regular meetings to facilitate the sharing of information and approaches to the common challenges faced
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Produce briefing papers and reports to highlight the effects of Covid-19, EU withdrawal and Cost of Living crisis on the performing arts
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Hold specialist sessions with the Department for Education (DfE) and the Department for Culture, Media and Sport (DCMS)
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Circulate government and industry guidance on relevant issues
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© Deliver careers conferences and showcase performances to students, parents/guardians and teachers. An event was held in London during 2023 and in Liverpool on 11 February 2024
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Promote the Recognised Awards scheme as supporting the DfE’s non-statutory aims for Keeping Children Safe in Out-of-School Settings
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o. Release joint public statements with other industry organisations
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Act as Secretariat of the All-Party Parliamentary Group (APPG) for Arts Education and Training at Westminster
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Publish CDMT’s annual UK Guide to Performing Arts Training, Education and Assessment which, complements cdmt.org.uk, gradedexams.com and our social media platforms.
These endeavours are supported by CDMT’s updated Articles of Association which were confirmed towards the end of 2023 and by our new company website and online application platform for the Recognised Awards scheme.
We work tirelessly to sustain and enhance the profile of the exceptional institutions it is our privilege to serve, connecting a new generation of students with the opportunities available to them, whilst securing the underpinning standards that turn those opportunities into a solid foundation from which to progress. Our role at the heart of the UK performing arts sector, as an authoritative provider of quality assurance, go-to source of reliable information, and passionate and influential advocate on behalf of our members, is vital.
Importantly, CDMT member organisations offer industry progression routes that are at once reliable and inspirational, and enable everyone, regardless of background or economic circumstance, to experience the benefits, indeed the joy, that engagement in the arts brings to individuals and communities. It is imperative therefore that we work collectively to secure the pipeline of highly trained future professionals on which the sector relies, to make sure that the tap of emerging talent is never switched off. Together, we all make an enormous contribution to the sustainability and international profile of the UK creative sector—a crucial contribution we will continue to champion with vigour and imagination in the year to come.
FINANCIAL REVIEW
The year to 29 February 2024 has again been successful operationally and financially. The financial statements showa net surplus for the year of £3,338. This result has been chiefly realised through CDMT’s emphasis on both providing focused support to members in addressing the prevailing conditions, through the advocacy initiatives outlined in the report, and carrying out its cycle of accreditation inspections.
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RESERVES POLICY
The Trustees’ aim is to establish reserves to a level which could support the organisation through a period of financial and operational uncertainty.
CDMT’s reserves at 29 February 2024 stood at £312,070.
CDMT has a stable operating model and this, along with a good medium-term planning horizon and longterm commitments from a number of key stakeholders, mitigates many risks. However, threats still persist and the Trustees have targeted a level of free reserve which confidently covers a range of potential business risks considered, including income generation from current activities, operational costs, and a contingency allowance.
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TRUSTEES’ RESPONSIBILITIES TO THE FINANCIAL STATEMENTS
The Trustees are required by company law to prepare financial statements for each financial year which gives a true and fair viewofthe financial activities of the charity and its financial position at the end of the year. In preparing those financial statements the Trustees are required to:
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a) Select suitable accounting policies and apply them consistently;
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b) Make judgements and estimates that are reasonable and prudent;
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c) State whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements;
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d) Prepare the financial statements on a going concern basis unless it is appropriate to assume the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the asset of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board on
2024 and signed on its behalf by:
----- Start of picture text -----
J Nir + NOwero
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Baroness Deborah Wilcox Chair of the CDMT
Page 7
Independent Examiner's Report on the accounts to the Trustees of Council for Dance, Drama and Musical Theatre
known as CDMT
| report to the charity on the accounts of the company for the year ended 29 February 2024, Charity Number: 1079153 and Company Number: 3888776 which are set out on pages 9 to 15.
Responsibilities and basis of report
As the charity’s Trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, | have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
independent examiner's statement
The company’s gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of The Chartered Institute of Management Accountants.
| have completed my examination. | confirm that no material matters have come to my attention which give me cause to believe that:
;
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e accounting records were not kept in accordance with section 386 of the Companies Act 2006; or e the accounts do not accord with such records; or
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e the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a “true and fair’ view which is not a matter considered as part of the independent examination; or
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e the accounts have not been prepared in accordance with the charities SORP (FRS102).
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. i bay a Dia mond flecounits Linaited Diamond Accounts Limited . Southerden House Market Street ZL Hailsham BN27 2AE Date: | lo [20 2.4 East Sussex
Page 8
Council for Dance, Drama and Musical Theatre known as CDMT
Statement of Financial Activities (including Income and Expenditure Account) for the Year Ended 29 February 2024
| Unrestricted | Restricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | 2023 | ||
| Note | £ | £ | £ | £ | |
| Incoming resources | |||||
| Incoming resources from generated funds | |||||
| Investment income | 2 | 8,850 | - | 8,850 | 2,343 |
| Incoming resources from charitable activities | 3 | 380,397 | - | 380,397 | 301,220 |
| Total incoming resources | 389,247 | - | 389,247 | 303,563 | |
| Resources expended | |||||
| Charitable activities | 4 | 320,724 | - | 320,724 | 234,958 |
| Governance costs | 5 | 65,185 | - | 65,185 | 68,188 |
| Total resources expended | 385,909 | - | 385,909 | 303,146 | |
| Net movements in funds | 3,338 | - | 3,338 | 417 | |
| Reconciliation offunds | |||||
| Total funds brought forward | 308,732 | - | 308,732 | 308,315 | |
| Totalfundscarriedforward | 312,070 | - | 312,070 | 308,732 |
All incoming resources and resources expended derive from continuing activities.
The notes on pages 11 to 15 form an integral part of these financial statements.
Page 9
Council for Dance, Drama and Musical Theatre known as CDM (registration number: 3888776)
Balance Sheet as at 29 February 2024
----- Start of picture text -----
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 10 - -
Current assets
Debtors 11 10,150 28,570
Cash at bank and in hand 316,771 304,826
326,921 333,396
Creditors: Amounts falling
due within one year 12 (14,851) (24,664)
Net current assets 312,070 308,732
Net assets 312,070 308,732
The funds of the charity:
Unrestricted funds
Unrestricted income funds 15 312,070 308,732
Total charity funds 312,070 308,732
----- End of picture text -----
For the financial year ended 29 February 2024, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
2024 and signed on its behalf by:
Baroness Deborah Wilcox Chair of the CDMT
.
The notes on pages 11 to 15 form an integral part of these findncial statements.
Page 10 ;
Council for Dance, Drama and Musical Theatre known as CDMT
Notes to the Financial Statements for the Year Ended 29 February 2024
- Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities (SORP 2005)’, issued in March 2005, applicable accounting standards and the Companies Act 2006.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the Trustees’ discretion in furtherance of the objectives of the charity.
,
Further details of each fund are disclosed in note 15.
Incoming resources
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.
Grants are included in the Statement of Financial Activities in the year in which they are receivable. They are categorised as restricted where the donor wishes to restrict their use more narrowly than the general purposes of the charity.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of Trustee meetings and the cost of any legal advice to Trustees on governance or constitutional matters.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Fixed assets
Individual fixed assets costing £0 or more are initially recorded at cost.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures, fittings and equipment 10% straight line basis Fixtures and fittings 10% straight line basis Plant and machinery including motor vehicles 33% straight line basis
Page 11
Council for Dance, Drama and Musical Theatre known as CDMT
Notes to the Financial Statements for the Year Ended 29 February 2024
| 2. | Investment income | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Funds | Funds | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Interest on cash deposits | 8,850 | - | 8,850 | 2,343 | |||
| 3. | Incoming resourcesfrom charitable activities | ||||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Funds | Funds | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Charitable activity | |||||||
| Subscriptions | 220,183 | - | 220,183 | 228,340 | |||
| Grants | - | - | - | - | |||
| Donations | - | - | - | - | |||
| CDMT UK Guide to Professional | Training | - | - | - | - | ||
| Accreditation/Validation Fees | 41,219 | - | 41,219 | 38,967 | |||
| Recognised Awards | 14,397 | - | 14,397 | 15,329 | |||
| Other income | 104,598 | - | 104,598 | 18,584 | |||
| , | 380,397 | - | 380,397 | 301,220 | |||
| 4. | Total resources expended. | ||||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Funds | Funds | 2024 | 2023 | ||||
| £ | £ | £ | £ | ||||
| Direct costs . |
|||||||
| Quality assurance& membership services | 30,437 | - | 30,437 | 26,673 | |||
| Consultancy fees | - | - | - | - | |||
| Advertising, promotion and other | 114,007 | - | 114,007 | 25,610 | |||
| 144,444 | - | 144,444 | 52,283 | ||||
| Support costs | |||||||
| Employment costs | 115,876 | - | 115,876 | 106,172 | |||
| Establishment costs | 38,821 | - | 38,821 | 57,619 | |||
| ITand communications | 11,267 | - | 11,267 | 10,122 | |||
| Office expenses | 1,857 | - | 1,857 | 1,496 | |||
| Printing, posting and stationery | 2,160 | - | 2,160 | 2,956 | |||
| Subscriptions and donations | 103 | - | 103 | 103 | |||
| Travel and subsistence | 781 | - | 781 | 583 | |||
| Entertainment and hospitality costs | - | - | - | = | |||
| Accountancy fees | 4,836 | - | 4,836 | 4899 | |||
| Bank charges | 537 | - | 537 | 470 | |||
| Refreshments/Hospitality cost | 32 | - | 32 | - | |||
| Legal and professional costs | 10 | - | 10 | (1,745) | : | ||
| 176,280 | - | 176,280 | 182,675 | ||||
| ResourcesexpendedonCharitableActivities | 320,724 | - | 320,724 | 234,958 |
Page 12
Council for Dance, Drama and Musical Theatre known as CDMT
.
Notes to the Financial Statements for the Year Ended 29 February 2024
- Governance costs
| Governance costs | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Employment costs | 38,625 | - | 38,625 | 35,392 | |
| Establishment costs | 12,940 | - | 12,940 | 19,206 | |
| ITand communications | 3,756 | - | 3,756 | 3,374 | |
| Office expenses | 619 | - | 619 | 499 | |
| Printing, posting and stationery | 720 | - | 720 | 985 | |
| Subscriptions and donations | 34 | - | 34 | 34 | |
| Travel and subsistence | 261 | - | 261 | 194 | |
| Accountancy | 4,836 | - | 4,836 | 4,899 | |
| Independent examiner’s fee | 1,205 | - | 1,205 | 1,260 | |
| Insurance | 1,963 | - | 1,963 | 2,361 | |
| Bank charges | 179 | - | 179 | 157 | |
| Legal and professional costs | 3 | - | 3 | (582) | |
| Refreshments/Hospitality cost | 11 | - | 11 | - | |
| Cost ofTrustee meetings | 33 | - | 33 | 409 | |
| 65,185 | - | 65,185 | 68,188 | ||
| Support cost | Basis | ofallocation | |||
| Employment costs | Time | spent, 25% Governance, | 75% Charitable | Activities | |
| Office expenses | Time | spent, 25% Governance, | 75% Charitable | Activities | |
| Cost ofTrustee meetings | 100% Governance | ||||
| Examiner’s fee | 100% Governance | ||||
| Accountancyfees | 50%GovernancebalanceCharitableActivities |
- Trustees’ remuneration and expenses
No Remuneration was paid to any Trustee. The Trustees were indemnified for the purchase of insurance (£780) to indemnify CDMT from loss arising from the neglect of its Trustees, employees, or agents and to indemnify officers against the consequence of any neglect or default on their part, as permitted by the governing instrument.
- Net income
Net income is stated after charging:
| Net income is stated after charging: | |||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Independent Examiner | 1,205 | 1,260 | |
| 8. | Employees’ remuneration | ||
| The aggregate payroll costs ofthese persons were as follows: | |||
| 2024 | 2023 | ||
| £ | £: | ||
| Wages and salaries | 164,140 | 151,362 | |
| 9. | Taxation |
The company is a registered charity and is, therefore, exempt from taxation.
Page 13
Council for Dance, Drama and Musical Theatre known as CDMT
Notes to the Financial Statements for the Year Ended 29 February 2024
10. Tangible fixed assets
| 10. | Tangible fixed assets | ||||
|---|---|---|---|---|---|
| Fixtures, | |||||
| fittings and | |||||
| equipment | |||||
| £ | |||||
| Cost | |||||
| As at 1 March 2023 | 14,674 | ||||
| Additions | = | ||||
| As at 29 February 2024 | 14,674 | ||||
| Depreciation | |||||
| As at 1 March 2023 | 14,674 | ||||
| Charge for the year | - | ||||
| As at 29 February 2024 | 14,674 | ||||
| Net book value | , | ||||
| As at 29 February 2024 | - | ||||
| As at 28 February 2023 | - | ||||
| 11. | Debtors | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Trade debtors | 4,104 | 20,218 | |||
| Other Debtors | 1,128 | 607 | |||
| Prepayments and accrued income | 4,918 | 7,745 | |||
| 10,150 | 28,570 | ||||
| 12. | Creditors: Amounts fallingdue | within one year | |||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Trade creditors | 7,247 | 11,054 | |||
| Other Creditors | 0 | 100 | |||
| Accruals and deferred income | 7,604 | 13,510 | |||
| 14,851 | 24,664 | ° |
Page 14
Council for Dance, Drama and Musical Theatre known as CDMT
Notes to the Financial Statements for the Year Ended 29 February 2024
13. Members' liability
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
14. Related parties
Controlling entity
The charity is controlled by the Trustees who are all directors of the company.
15. Analysis of funds
| 1 March | Incoming | Resources | 29 February | |
|---|---|---|---|---|
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| General Funds | ||||
| Unrestricted income fund | 308,732 | 389,247 | (385,909) | 312,070 |
| Restricted funds | - | - | - | - |
| 308,732 | 389,247 | (385,909) | 312,070 | |
| 16. Net assets byfund | ||||
| Unrestricted | Restricted | Total Funds | Total Funds | |
| Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | |
| Tangible assets | - | - | - | = |
| Current assets | 326,921 | - | 326,921 | 333,396 |
| Creditors: Amounts falling due within one year | (14,851) | - | (14,851) | (24,664) |
| Netassets | 312,070 | - | 312,070 | 308,732 |
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