(A Company Limited by Guarantee and Not Having Share Capital) Charity Number 1080776 | Company Registration Number 3873450
TRUSTEES' ANNUAL REPORT
AND FINANCIAL STATEMENTS
For the year ended 8 May 2025
Approved by the Board of Trustees: 3 February 2026 Signed by: Denise Bissell, Chair
©IJAD Dance Company 2026
Registered Charity no: 1080776 Company Limited by Guarantee Registered in England and Wales no: 3873450
Reference and Administrative Information
| Charity name | Ijad (A Company Limited by Guarantee and Not Having Share Capital) |
| Charity number | 1080776 |
| Company registration |
3873450 |
| Principal offices | 42 Friars Way, London, W3 6QH 29 Goldswong Terrace, Nottingham, NG3 4HB |
| Registered office | 29 Goldswong Terrace, Nottingham, NG3 4HB |
| Trustees | Denise Bissell (Chair) Leila Mroueh Creeber (resigned as director 8 Oct 2025) Leila Neeman Laurent Claire Medcalf Zerritha Brown (resigned as director 6 Jun 2025) Mahmoud Naim Abu-Wardeh Ms Joumana Mourad (appointed as director 8 Oct 2025) Antonio Baccari Tim Zundel |
| Person with significant influence |
Ms Joumana Mourad |
| Independent examiner |
Bharat Kotak Alexanders UK Ltd, Chartered Certified Accountants The Corner House, 170 Albury Drive, Hatch End, Pinner, Middlesex, HA5 3RG |
| Bankers | HSBC, 122 Finchley Road, Hampstead, London, NW3 5JD |
©IJAD Dance Company 2026 Registered Charity no: 1080776 Company Limited by Guarantee Registered in England and Wales no: 3873450
Trustees' Annual Report
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 8 May 2025.
Structure, Governance and Management
Governing Document
The charity is constituted as a company limited by guarantee and is therefore governed by its memorandum and articles of association.
Governing Body
The names of trustees and principal addresses are listed in the Reference and Administrative Information section. The board of trustees is authorised to appoint a new trustee to fill vacancies arising through resignation or death of an existing trustee.
Organisational Management
The directors, who are also the trustees, meet on an informal basis to make decisions and monitor the work of the charity.
Recruitment and Appointment of New Trustees
All of the directors are also trustees of the charity.
Risk Assessment
The trustees have considered the risks to which the charity is exposed and have put systems and procedures in place to manage the risks identified.
Objectives and Activities
The company's principal activity and primary charitable object during the period was to continue to advance education in performing arts and technology innovation, where live hybrid is the new method of progressing the performing arts and performance for the public benefit by the promotion of the arts, in particular, but not exclusively the art of dance.
Public Benefit
The Trustees have carefully considered the public benefit requirements and their duty to ensure that they are compliant with them. They are satisfied that the activities described above under Objectives and Activities more than adequately satisfy the public benefit requirement.
Financial Review
Performance Review
©IJAD Dance Company 2026 Registered Charity no: 1080776 Company Limited by Guarantee Registered in England and Wales no: 3873450
The statement of financial activities gives full details of the financial performance of the charity. Total incoming resources for the year were £122,308 (2024: £25,088), comprising voluntary income of £100,757, investment income of £1,367, and income from charitable activities of £20,184. Total resources expended were £124,311 (2024: £26,727), resulting in a net deficit for the year of £2,003 (2024: deficit of £1,639).
Reserves
The charity does not incur substantial fixed costs and the trustees therefore consider that the current level of reserves is adequate to cover future events and to support its charitable objectives. Total funds at the year end were £13,193 (2024: £15,196).
Responsibilities of the Trustees
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and accounting estimates that are reasonable and prudent;
— state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
— prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner
Bharat Kotak of Alexanders UK Ltd, Chartered Certified Accountants, has been re-appointed as independent examiner for the ensuing year.
Small Company Provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
©IJAD Dance Company 2026 Registered Charity no: 1080776 Company Limited by Guarantee Registered in England and Wales no: 3873450
Registered number 03873450
Ijad
Unaudited Filleted Accounts
8 May 2025
Ijad Registered number: 03873450 Balance Sheet as at 8 May 2025
| Notes Current assets Debtors 2 Cash at bank and in hand Creditors: amounts falling due within one year 3 Net current assets Net assets Funds Unrestricted income funds Total funds |
2025 £ 7,000 154,502 161,502 (148,309) 13,193 13,193 13,193 13,193 |
2024 £ - 20,827 20,827 (5,631) 15,196 15,196 15,196 15,196 |
|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Denise Bissell Director
Approved by the board on 3 February 2026
1
Ijad
Notes to the Accounts for the year ended 8 May 2025
| 1 Employees Average number of persons employed by the company 2 Debtors Other debtors 3 Creditors: amounts falling due within one year Other creditors |
2025 Number 0 2025 £ 7,000 2025 £ 148,309 |
2024 Number 0 2024 £ - 2024 £ 5,631 |
|---|---|---|
2
COMPANY REGISTRATION NUMBER 3873450
IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL) UNAUDITED FINANCIAL STATEMENTS
8 MAY 2025
Charity Number 1080776
IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
FINANCIAL STATEMENTS
YEAR ENDED 8 MAY 2025
| CONTENTS | PAGE |
|---|---|
| Members of the Board and Advisers | 1 |
| Trustees Annual Report | 2 |
| Independent examiner's report to the members | 5 |
| Statement of financial activities (incorporating the | |
| income and expenditure account) | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 |
| The following pages do not form part of the financial | statements |
| Detailed statement of financial activities | 13 |
IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
MEMBERS OF THE BOARD AND ADVISERS
Registered charity name Ijad (A company limited by guarantee and not having share capital) Charity number 1080776 Company registration number 3873450 Principal offices 42 Friars Way, London, W3 6QH 29 Goldswong Terrace, Nottingham, NG3 4HB Registered office 29 Goldswong Terrace Nottingham NG3 4HB Trustees Leila Mroueh Creeber Leila Neeman Laurent Claire Medcalf Denise Bissell - Chair Zerritha Brown Mahmoud Naim Abu-Wardeh Ms Joumana Mourad Antonio Baccari Tim Zundel Person with significant influence Ms Joumana Mourad Independent examiner Bharat Kotak Alexanders UK Ltd Chartered Certified Accountants The Corner House 170 Albury Drive Hatch End, Pinner Middlesex HA5 3RG Bankers HSBC 122 Finchley Road Hampstead London NW3 5JD
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IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
TRUSTEES ANNUAL REPORT (continued)
YEAR ENDED 8 MAY 2025
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 8 May 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of members of the board and advisers on page 1 of the financial statements.
THE TRUSTEES
The trustees who served the company during the period are as shown below. All of the trustees except Leila Neeman Laurent and Mahmoud Naim Abu-Wardeh are also directors of the company for the purposes of company law.
Leila Mroueh Creeber – Resigned as director 8[th] October 2025 Leila Neeman Laurent Claire Medcalf Denise Bissell – Chair Zerritha Brown – Resigned as director 6[th] June 2025 Mahmoud Naim Abu-Wardeh Ms Joumana Mourad – Appointed as director 8[th] October 2025 Antonio Baccari Tim Zundel
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a company limited by guarantee and is therefore governed by its memorandum and articles of association.
Governing Body
The names of trustees and principle addressees are listed on page one. The board of trustees is authorised to appoint a new trustee to fill vacancies arising through resignation or death of an existing trustee.
Organisational management
The directors, who are also the trustees, meet informally on an informal basis to make decisions and monitor the work of the charity.
Recruitment and appointment of new trustees
All of the directors are also trustees of the charity.
Risk Assessment
The trustees have considered the risks to which the charity is exposed and have put systems and procedures in place to manage the risks identified.
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IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
TRUSTEES ANNUAL REPORT (continued)
YEAR ENDED 8 MAY 2025
OBJECTIVES AND ACTIVITIES
The company's principal activity and primary charitable object during the period was to continue to advance education for the public benefit by the promotion of the arts, in particular, but not exclusively the art of dance.
PUBLIC BENEFIT
The Trustees have carefully considered the public benefit requirements and their duty to ensure that they are compliant with them. They feel that the activities described above under Objectives and Activities more than adequately satisfy the public benefit requirement.
FINANCIAL REVIEW
Performance Review
The statement of financial activities gives full details of the financial performance of the charity.
Reserves
The charity does not incur substantial fixed costs and the trustees therefore consider that the current level of reserves is adequate to cover future events and to support its charitable objectives.
RESPONSIBILITIES OF THE TRUSTEES
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and the income and expenditure of the charitable company for that period.
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
TRUSTEES ANNUAL REPORT (continued)
YEAR ENDED 8 MAY 2025
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
INDEPENDENT EXAMINER
Bharat Kotak of Alexanders UK Ltd, Chartered Certified Accountants, has been re-appointed as independent examiner for the ensuing year.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
Registered office: 29 Goldswong Terrace Nottingham NG3 4HB
Signed on behalf of the trustees
Denise Bissell Trustee
3[rd] February 2026
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IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
YEAR ENDED 8 MAY 2025
I report on the accounts of the charity for the year ended 8 May 2025 set out on pages 7 to 10.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND INDEPENDENT EXAMINER
The charity's trustees (who, except Leila Neeman Laurent and Mahmoud Naim Abu-Wardeh are also the directors of Ijad (a Company Limited by Guarantee and Not Having Share Capital) for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) of the 2011 Act); and
-
to 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on whether the accounts present a 'true and fair view'.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:
-
proper accounting records are kept (in accordance with section 386 of the Companies Act 2006); and
-
accounts are prepared which agree with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE
CAPITAL) (continued)
YEAR ENDED 8 MAY 2025
Bharat Kotak Independent examiner
Alexanders UK Ltd Chartered Certified Accountants The Corner House 170 Albury Drive Hatch End, Pinner Middlesex HA5 3RG
February 2026
- 6 -
Ijad (A company limited by guarantee and not having share capital) Statement of financial activities (incorporating the income and expenditure account) for the year ended 8 May 2025
| Notes Incoming resources from generating funds: Voluntary income 2 Investment income 3 Incoming resources from charitable activities 4 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable activities 5/6 TOTAL RESOURCES EXPENDED NET INCOMING RECOURCES FOR THE YEAR / NET (DEFICIT) / INCOME FOR THE YEAR RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 £ 100,757 1,367 20,184 122,308 (124,311) (124,311) (2,003) 15,196 13,193 |
2024 £ 13,038 432 11,618 25,088 (26,727) (26,727) (1,639) 16,835 15,196 |
|---|---|---|
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
7
Ijad (A company limited by guarantee and not having share capital) Balance Sheet as at 8 May 2025
| Notes Current assets Debtors 2 Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Net assets Funds Unrestricted income funds 11 Total Funds |
2025 £ 7,000 154,502 161,502 (148,309) 13,193 13,193 13,193 13,193 |
2024 £ - 20,827 20,827 (5,631) 15,196 15,196 15,196 15,196 |
|---|---|---|
The directors and trustees are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.
The directors and trustees acknowledge their responsibilities for:
(i) ensuring that the company keeps adequate accounting records which comply with section 386 of the Act, and
(ii) The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the members of the committee and are signed on their behalf by:
Denise Bissell Director Approved by the board on 3 February 2026
8
Ijad (A company limited by guarantee and not having share capital) Notes to the Accounts for the year ended 8 May 2025
1 ACCOUNTING POLICIES
Basis of accounting
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard), the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005), the Charities Act 2011 and the Companies Act 2006.
Incoming resources
Income represents funds raised to achieve the company's principal charitable object of the advancement of education for the public benefit by the promotion of the arts, in particular, but not exclusively to the art of dance.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs 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.
Restricted funds can only be used for particular restricted purposes within its objectives. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2 VOLUNTARY INCOME
| Unrestricted Funds £ Grants and awards receivable Grants and awards receivable 100,757 3 INVESTMENT INCOME Unrestricted Funds £ Bank interest receivable 1,367 4 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Unrestricted Funds Workshops & public funding 9,316 9,316 |
Total Funds 2025 £ 100,757 Total Funds 2025 £ 1,367 Total Funds 2025 9,316 9,316 |
Total Funds 2024 £ 13,038 Total Funds 2024 £ 432 Total Funds 2024 11,471 11,471 |
|---|---|---|
9
Ijad (A company limited by guarantee and not having share capital) Notes to the Accounts for the year ended 8 May 2025
5 COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE
| Unrestricted Funds Charitable expenditure 98,339 Administrative costs 25,972 124,311 COSTS OF CHARITABLE ACTIVITIES BY ACTIVITIES TYPE Activities undertaken Administrative directly Costs £ £ Charitable expenditure 98,339 25,972 |
Total Funds 2025 98,339 25,972 124,311 Total Funds 2025 £ 124,311 |
Total Funds 2024 23,024 3,703 26,727 Total Funds 2024 £ 26,727 |
|---|---|---|
6 COSTS OF CHARITABLE ACTIVITIES BY ACTIVITIES TYPE
7 STAFF COSTS & EMOLUMENTS
No salaries or wages have been paid to employees, including the members of the committee, during the year.
8 TRUSTEES REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year nor for the previous year.
Trustees' expenses
There were no trustees expenses paid for the year nor for the previous year.
9 TAXATION
The company is exempt from corporation tax.
10 CREDITORS: Amounts falling due within one year
| 10 CREDITORS: Amounts falling due within one year Other creditors and accruals 11 Balance at 09/05/2024 General funds 15,196 UNRESTRICTED INCOME FUNDS |
2025 £ 148,309 Net surplus / (deficit) (2,003) |
2024 £ 5,631 Balance at 08/05/2025 13,193 |
|---|---|---|
10
Ijad (A company limited by guarantee and not having share capital) Notes to the Accounts for the year ended 8 May 2025
12 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted Income Funds Total Funds |
Net current assets £ 13,193 13,193 |
Total £ 13,193 13,193 |
|---|---|---|
11
IJAD (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
MANAGEMENT INFORMATION
YEAR ENDED 8 MAY 2025
The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on pages 5 to 6 .
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Ijad (A company limited by guarantee and not having share capital) Detailed statement of financial activities for the year ended 8 May 2025
| INCOMING RESOURCES VOLUNTARY INCOME Grants and awards INVESTMENT INCOME Bank interest receivable type 1 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Workshops Public funding Sales TOTAL INCOMING RESOURCES RESOURCES EXPENDED CHARITABLE ACTIVITIES Administrators Performances Music and rehearsals Materials Equipment hire Administrative expenses Travel and subsistence Stationery and printing Bank charges Insurance Website cost expensed Sundry expenses Accountancy fees Advertising and PR Other legal and professional TOTAL RESOURCES EXPENDED |
2025 £ 100,757 1,367 9,216 100 10,868 122,308 6,870 84,267 176 6,619 407 98,339 1,266 630 61 160 16,943 1,879 889 4,110 34 25,972 124,311 |
2024 £ 13,038 432 11,440 31 147 25,088 4,275 14,540 451 3,758 - 23,024 1,810 485 60 81 216 89 945 4 13 3,703 26,727 |
|---|---|---|
13