2024-08-31-accounts

REGisfERED COMPAIYY NUMBER: 04229891 (England and Wales) REGJSTERED CHARITY NUMBER: 1088916 Report of the Trustees *•d Ujaudited FiDaneial Ststements for the Yur Ended 31 August 2024 for The Du Bobson Dance Foundatiou HaTris L4cey and Swdin itc I The Riverside Building He&sle East Yorksbire HU13 ODZ

Tht Dll Bolsson DaDce Follndatioo Contents of the Financial Statements for the Year Ended 31 August 2024 Pge Report of the Trwsttts I to 2 IDdepelldent Examiner'5 Report SIAtement ofFinnci•l A¢tivities Balanet Sheet 5 to 6 Notes to the Finalltlal StteDnts 7 to 12 Detsiled Statement of FiDAmcial Activities 13

The Du Bolwon Dance Foundtlon Report of the Trnrttes for the Ye#r Ended 31 August 2024 The trustees who ar also directors of the charity for the pwwses of the Companies Aci 2¢X16. present their report with the finan¢ial stat¢m¢nls of the charity for the year ended 31 August 2024. The truste¢s have adopted the provisio1)s of AccouDting and Reportin8 by Cbariiies: Ststement of RecorntrThled Practic¢ applicable to clwities preparing their accounts in accordance with the Financial Retx)rting Starylatd applicable in the UK 8￿j Repubh'c of Ireland (FRS 102) (effective I lanuary 2019). Objectives and aims DBDF is established for the following objects: to provide scbolarship4 bumTie5 #nd other forn￿ of subsidy for PUPAls at Youtsg Dancers Charitable Academy and the lth SelKK>l of Dance not able kn afford to pay the full nmning costs of its sch(M)Is and of its da￿l￿g facilities. To promot withill the comtnurrity Op￿rtuniti￿ to participat¢ in daDC¢ for pwle of school going age who might otherwise be excluded by virtue of economic. social or culnllal reasons: to prony)te and advance the ¢d￿￿tion of the public in th¢ perforniillg arts, especiallyj but not exclusively. in th¢ art of ballet and other dance form4 for the benefit of the public. Trustees arc updated rcgularty and sent ally updates received from the Charity ConMJiSSiOL ACHIEVEMENT AND PERFORMANCE Ch4rltAble activitie5 2023.24 remains fiDaDcialty ¢ballenging to the continuing ctisi A fimdraisitig gala was beld in April 2024, where over l(Kl ￿ attended a banqueting dinner. The event included a SileDt Auction and a raffle. The Silent Auction did not Taise as much money as Wds hoped IKwever Pledge Cards (with various levels of individual giving) were given to each gue that proved to be quitr fina￿1￿11Y frui￿1 in donations received. The effect on our charity - like others - has been demanding. D¢spit¢ thts we hav¢ taken great pains to fulfil OUT main ain]s al￿ objectives. We have maDaged to continue to provide butsari¢s to both the schwls we supporL and we have explor￿ altrrnative means of fundTaising and continued strong relationsbips wsth longstanding individual donors. FINANCIAL REVIEW Principal funding sourtes The charity holds a fimdrnising glla every couple of year4 ptrfornlan￿ iTKlude PT(MluctioDS of Nutcrncker in Ikc¢mbeT, the bi-annual Variety SIK)w with raffl￿ attached and private benefa¢tors donale on a regular basis each year. Reserve8 pollcy The Tn￿te¢S have established a resems policy with the objective to build and a level of reserves of at least six months operdting expeTMliture estimated at £173514. Thts will cover fimdtng wicertainties and unexpected or planned 8dditional expenditure in order to ensure that the Clwity is able to nK¢t commitments al￿ to continue &$ a going concern. The current level of free rcEerves are £224.689. there are no restricted fillth. Th¢ Trustees feel it is very important for the fllts￿e of childTen for the charity to be financially s￿In￿b]e. The charitys financial p)sition is r¢viewcd re8ulaTly. with detailed [c￿tt5 at TTu&ees meetin& FirruRE PLANS To continue sustainably providing rUw￿la1 support to Lofylon Vocational Ballet SclK>oI aJMI West ￿)ndon School of Dance year OD year. Pag¢ J

The Du Boisson Dante Foumdaition Report of the Trnstees ror the Yur Ended 31 August 2024 STRu￿uRE, GOVERNANCE AND MANAGEMENT Governing doeument The charity is ￿ntrOlled by iL8 governing documenL a deed of ITUSL a￿1 coJLsiiiules a limited company, limiled by guarantce. as defincd by the Cornpanies Ad 2006. Thts is also overseen by the recommcndauons from trus1￿ and a&8ociaicd Parti￿ and the unaninK>W approval by existing members. Recrultment aod appDintrnent of new truste All newly #pwjinted Trustees are asked to 5ubmii their personal delails in4)Tder for checks to be approved by the DDC. This current year has scen 5 new Trustees joining the Foundation. Trustees are also required to sign authorised p&pers declaring each Tr￿steC l]as rcad and adh¢r¢s to DBDFS Policics hcld on our o￿l¢la1 site. REFERENCE AND ADMINISTRATIVE DETAIIS RegistLred Company nlljnber 04229891 (England and Wales) Registered Charity number IOIIY916 Registered offite 58 Bulwcr Strc¢t London W12 8AR Trustees Mr B Azad Ms G L Black (resigned 5.7.24) A M Du Bol￿on Mr J (yhani {resigned 16.224) Mry Yamaguchi Mrs G E Abramovich (appointed 20.5.24) Ms R C Benger (appointed 22.3.24) Miss L J Goodman {aptM)inted 27.6.24} Ms P Zhou (appointcd 26.4.24) m.g K L Jaraj Dadoun (appointed l.10.24) Independent Examiner Laura J Dr¢w Ha￿lS L&c¢y and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Approved by order of the board of tTusfres on 24 - and signed on its behalf by.. r Y Yam8guchi- Page 2

Independent Eumlner's Report to the Trustees of Tbe Du Boisso* Dance Foundation Independent eiamioer's report to the trustees of The Du BoRsson DwKe Foundation Cthe Company,) I report to the charity Irustea8 on my examination of the accounts of the Company for the year ended 31 August 2024. Responsibijities and basls of report As the chariws trustees of the Company (ond aIso its dirtttOTS for th¢ purp)ses of CQDwaoy law) you responsible for the preparation of the ac¢ounts in accordance with the requirenxnts of the Companies Act 2006 (Ihe 2006 Actj. Havtng satisfied myself that the accounts of the Couwany are not wired to be audited under Part 16 of the 2006 Act and are eligible foT independent examination, I report in respea ofmy examination of your clwiiys acwunts as carried out under Section 145 of the Charities 2011 Cthe 2011 Act'}. In carrying out my exami[￿tion I have followed the Directions given by the CtrAarity Commission under Section 145{5) (b) of the 2011 ACL Indepelldeot examiller's $tatemettt Since your charitys gross income exceeded £250.000 your examiner must be a memkn of a listed body. I can ¢onfim) that l am qualified lo undertake the examination becaus¢ l am a mcmber of the Institute of Chartered Account4nts in Engknd and Wale4 which is one ofthe listrd Ix)dies. I have completrd my examinatioL I confirrn that no o)attets have come to my attention in connection with tE ex2mitMtion giving me ca￿¢ to beh'eve.. accounting records were not kept in r&spect of the Company as required by Section 386 of the 2006 ACL. or Ihe accounts do Tr)t accord with IlK)se record5; 0 the accounts do not Comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accou￿ give a true and fair view which is not a matter cottsidered as part of an independent exatnination" or the ¥¢ounts have not been prepared in accordance with the methods and principles of the stateD]￿t of Recommended Pr￿lIce for accouDtill8 and reporting by clRTities (applicable to clwities preparing their accounts accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 102)). I have no concerns al￿ have ￿rne across no other nutt￿8 in connection with tbe exami￿tion to which attention should be drawn in ￿.$ report in order to enable a proper understandiDg of the accounts to be tcache(L Laura J Drew The Instithte of Chartered Ac￿￿1t￿nts in England and Wales Hatyis tacey and Swain Suite I The Riverside Building Hessle East York5bire HU13 ODZ Page 3

The Du Boisy)n Daaee FoundatRoll St*temeAt of FinaDcial Activities for the Year Ended 31 August 2024 2024 Unr¢striLted nd 2023 Total funds Not&s INCOME AND ENDOWMENTS FROM Donations and legacies 329.263 426,150 IDvesimcnt income 61 47 Tutal 329.324 426.197 EXPENDrruRE ON Charitable activitie5 Bur8aries fiEnd Villagc hall rnnning costs Fundraising costs Production costs Bunk charg¢s Rent and iilililies Deprcciatt"on Siindry ¢x￿n5cS Legal aDd professional Accountancy Bookkecping Training ¢osts Advertising P(iyroll 129.893 28,567 216 32.188 554 88,383 27,433 1,224 3.817 4,696 2,464 366 510 26,717 117.955 53,105 216 29,661 547 48,050 24,010 118.3 14.061 4,359 2.539 84 809 24,533 Total 347.028 320.812 NET INCOMFJ(EXPE]YDITURE) (17.7(N) 105.385 RECOiYCILIATION OF FUNDS I'otal funds brought fonvard 242.393 137,008 TOTAL FUNDS CARRIED FORWARD 224,689 242,393 The wte5 forn) part of these financial stalen￿nts Page 4

The Du Boilson Dance Found#tion B*lance Sheet 31 Apgult 2024 2024 2023 Total Unrestricted fijnd Not¢s FLiTD ASSETS TarLgible assets 97,420 20,474 CURRENT ASSETS Debtors Casb at bank and in I￿nd 13.034 179.546 7.965 247,198 192,580 255,163 CREDITORS Amounts hlling due wiihin QD¢ year (65,311) (33244) NET CURRENT A&SETS 127269 221,919 TOTAL ASSETS LE&S CURRENT LIABILITIES 224,689 242.393 NET ASSETS 224.689 242,393 10 Unrestrictd fiu 224.689 242.393 TOTAL FUNDS 224.689 242.393 The charitable Company is entitled tr) exer￿tion from audit under Section 477 of the Cotwies Act 2006 for th¢ year ended 31 Auwt 2024. The members have not rquir¢d the company to obtiin an audit of its statements for the year ended 31 August 2024 in accordance with Section 476 of th¢ Conwanies Act 2006. The tnL8tees acknowledge their r¢sponsibilIti￿ fLY (a) ensuring that the charitable company keeps accounting records that wmply with Sections 386 and 387 of the Compani&s Act 2(KJ6 and preFdring financial statements which give a trne and fair view of the state of affairs of the charitable companv as at the end of each financial year and of its surplus OT deficit for each financial year in accordanc¢ with the requirements of Sections 394 and 395 and which otherwise comply with the requtrements of the Companies Act 2006 relating to financial statementy so far as applicable to the charitsble cow. (bl The not¢s form part of these financial ststements Page 5 continued..

The Du BoLwn Dance Foundation Bahnce Sheet- CODtinued 31 August 2024 These financial stalen￿ntS have becn pteparcd in accorda￿¢ with the Provisions applicable lo charitablc companies subj¢ct to the St￿]1 ¢ornpanic5 tcgime. Thc fu￿¢la1 statcments werc appr()ved by th¢ Board of Trustees autl)oriscd for issue . and were signed on its bcbaifby: on r Y Yallwhi - Trustre The notss fonn part of these financial stsiements Page 6

The Du Boi&wn Dave Foundation Notes to the 5￿te￿nts for the Year Ended 31 August 2024 ACCOUNTING POllCtEs Basfis of prepTing the f￿anCial statements The fllwi¢ial statements of the charitable ￿rnpany. which is a public benefit entity under FRS 102, have been prepared in accordance with the Ch2ritics SORP (FRS 102) 'Aecounting and Reporting by Charities: Stameni of Recommended Practice applicable to thriti¢5 pr¢pariDg their hccoullts in a¢¢ordance with the Financial RerK>rting Stantsrd appkncable in the UK and R¢publi¢ of I￿1#￿d (FRS 102) (¢ffeaive l January 2019),. Financial Reporting St8ndard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Acl 2006. The financjal sratements have been ptepared under the historical cost convention. Income Income received for services pn)vid¢d is accounted for on an aCcn￿lS ba4s. Casb donations, gifi5 and legacies are included ID full in the income and expenditure ￿ount as they are received. Any Si￿]ficant noD-cash donaiioDs are included in the inconK and expendittwe accouttt at the trustees, estimate of their market value wft￿ received. The Val￿ of voliintary help is included in the accounts. Grants and other fi]JKiing of a revenue nature are defetred and rele&sed to th¢ IT￿orne and expenditure account over the period to vknich thry rclare. Bank interest is included in the inwme a￿1 expendituR account on an accruals buis. Expenditure Liabilities are recogni￿d Bs exp¢nth"lure as s￿)ll a5 there 15 a legal or constrnctive obligation conllDitting the charity to that expenditure. it is probable thai a transfrr of ￿10M1¢ benefits will be required in settlement and the anKiunt of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under h￿ding$ that aggregate all cost Telated to the category. Where costs cannot be directly attributed to particular headings they have been au00t￿ to activities on a basis conSis￿t with the u5¢ of Tangible fixed ssets Dep￿CiatIon is provided at the following annual rates in order to write off each asset over its estimated useful life. Leasehold improvenmts StrnI￿5t line over 15 yeaTg Taxatlon The charity is ¢x¢mpt from coryK>rntion tax on its charitable tivities. Fllnd aeeountlng Unrestricted funds can be used in accord￿ the clwitable objectives at the dISc￿tiOn of the trustees. Restricted fi]nds can only be ￿ for particular restricted purp(￿ ￿￿thin the obj¢¢ts of the charity. Restrictions arise when specified by the donor or wh¢n funds ar¢ roised for particular re5trict¢d purpos& Further explanation of the nature and putwse of each fillmj is inchJ(kd ID th¢ notes tr) the fina￿la1 ststements. Penslon costs and other post-retlrement bentflts The charitsble cornpany operdtes a defined contribution pension schem¢. Contributions payable to the charitable companys pension scheme arc charged to the of F￿￿￿]&1 Activities in the period to which they relate. PAg¢ 7 CODtinueiL..

The Du Boisson Dntt FouDd•tsbll Noles lo the FiD2ncixl Sttements- continued for the Year EDded 31 August 2024 AccouwfiLYG POLICIES- contipued Estimates and judgtments Estimates and jiidgeTnents are continually evalualed and are based on historical experience and oth¢r factors. including ¢xpe¢tations of future ev¢nis that are believed to be redsonable under Ihe cirCu￿LSta￿C¢$. Although th¢5c esiimatC5 are basL'd on thc Dircctor5' best knowledge of the anM)unL cvent5 or actions. actual results ultimately differ from these ests"matc& The Dircciors do nol con5idLY iherc lo b¢ any malerial Lslimalcs and jiidgemenLs. Fin8nci#l instruments The Company only has fJnancial awts and fina￿la1 liabilities of a kI￿j thai qualify as basic financial instnunents. Basic financial iDstrurncnt& including tradc and other dcbioT5 2nd CT¢ditOT4 arc initially r¢cogni5ed at transa¢tson value and subscquently measurcd at their setilemenl valuc. INVESTMEL¥T INCOME 2024 2023 Intcrest received 61 47 NET JNCOMEI{EXPENDITURE) Nct incomel(expcnditurc) is stated after chargingJ(crediting): 2024 2023 Deprcciation- owned assets 27.433 24,010 TRUSTEES, REMUNERATION AND BEI4EFITS Th¢rc wcre no trustces, remuncrntion or Ot￿r beDefits for the yca¥ cnded 31 August 2024 nor for the ycar cnd¢d 3 l August 2023. Trustees, expenses There were no 31 August 2023. tA￿tees. expenses paid for the year ended 31 August 2024 nor for the year ended ST AFF COSTS 2024 26.097 2,457 620 2023 24.0(M) 2.087 532 Gr055 W&ges Employers Nl Employers Pension 29,173 26,620 The average monthly number of employees during the year as follows". 2024 2023 Administrdtion Pagc 8 ¥ontinued...

The Du Boiuoll DaDt¢ Foundalton Notes to the Thianti#l Statements- conilnued for tbe Year Ended 31 Augiist 2024 STAFF COSTS- ¢ontinu No employees received enx)luments in excess of £60,(Krf). Unrestricted fiuld DoDations and legacies 426.150 Investment income 47 Totsl 426,197 EXPENDITURE ON Charitable %ctivities Bursaries fimd Village hall njnning costs Fundraising costs Production wsts Bank charges Reni and utilitie5 Depreciation Sundry expenses L¢gal and professio￿1 Accountatlcy Bookkeeping Trnining costs Advertising Payroll 117,955 53.105 216 29.661 547 48.050 24.010 883 14.061 4.359 2,539 84 809 24.533 Total 320,812 NEY INCOME 105.385 RECONCILIATION OF FUNDS Total fimds brou8ht forward 137.008 TOTAL FUNDS CARIUED FORWARD 242.393 Page 9 continued...

The Boisson Dance FouJd*tion Notes to the Ffittancial Ststsments- contintted for the Year Ended 31 August 2024 TANGIBLE FIXED A&SETS Leasehold improvciDenl COST At I Scptcmb¢r 2023 Additions 260.148 104.379 At 31 Augu%t 2024 364.527 DEPRECIATION At I Scpi¥mbcr 2023 Charge for year 239,674 27.433 At J l August 2024 267,107 NET BOOK VALUE At 31 Augyust 2024 97,420 AI 31 Au8USt 2023 20.474 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prcpayments 6.859 6,175 7,879 86 13,034 7.965 CREDITORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR 2024 2023 Social security and othcr taxes Accrucd expenses 907 32.337 65200 65.311 33,244 io. MOVEMENT IN FUNDS Net movemcnt in fitnds At 31.8.24 At 1.9.23 Unrestricted funds (ienerdl fund 242J93 (17.704) 224,689 TOTAL FUNDS 242.393 (17,704) 224,689 Page 10 continued...

The Dn Bols￿￿ Dance Foundatlon Notes to the FIDancial Statements- contlnued for the Year Ended 31 August 2024 10. MOVEMENT IN FUNDS - continued Net nMjven￿t in fuDds, included in the above are as follows". tncoming Resource5 iesources expended Movement in fvnds Unrestrlcted funds General fimd 329J24 (347.028) (17.704) TOTAL FUNDS 329.324 (347.028) {17.704) Comparatives for movement in funds Net rnovemeDt in fimds At 31.8.23 At 1.922 Unrestrirted funds General fund 137,008 105.385 242,393 TOTAL FUNDS 137.008 105.385 242.393 Comparative net movetrKnt in funds. included in the above are as follows: Incoming Resouwes Movement ex pended in fijnds Unrestrleted funds GeD¢ral fund 426.197 (320.812) 105.385 TOTAL FUNDS 426.197 (320,812} 105.385 A current year 12 months and prioryear 12 nM)nths combined w6ition is as ftillows". Net ovement infim At 31.8.24 At 1.922 UDrestricted funds Gu￿ra1 fill 137.008 87,681 224,689 TOTAL FUNDS 137,1)08 87.681 224,689 Page li continue(L..

The Du Boisson Dance Fo•ndation Notes to the Fl#aDcig1 Statennts- continu¢d for the Yer Ended 31 Autust 2024 io. MOVEMENf IN FUNDS - continued A c￿¢￿1 year 12 monttLS and prior year 12 combin¢d net movenKnl in funds. included in Ibe above arc as follows.. Resources expended MoveJrnl in funds Unrestricted funds General furKI 755.521 (667.840) 87,681 TOTAL FUNDS 755.521 (667,840) 87.681 RELATED PARTY DISCLOSURES The charity has relationships with a large numkr of organisJtions and individuftls contributc funds either to support specific objectives or as general fundiDg to support the adrninistrdtion of the charity to cnable il lo carry out its charitable objeclives. In view of the charity's leg31 ststus. the charity Tn￿1¢¢5 wtsider that there no ultimate controlling party discloscd wider thc provisions of FiDancial Reporting Stondard No. 8. Other relted pgrty tra115actions During the year the charity made the following relaled party transactions: West Loodon School of Dante Llmited (A ￿rnpanY o￿led by Anna Du Boi&qon) Bursaries amounting io £10.692 (2023 - £8.03]) Were paid to W￿t tAindon Scly)ol of Dance Limited in the year. Al th¢ IAlance sheci dale. the amounT owed by we￿ tnndon kh(K)l of Dar￿¢ Limitcd was £6.859 (2023 £7.879). 12. LEGAL STATUS OF THE CHARITY The charity is a company lirnited by guardntee and has no share capilal. The liability of each mcmber in the cvent of winding up is limitcd to £10. 13. UNRESTRicfED FUNDS 2024 2023 Al 31 st Augusi 2023 Nel surplusl(defieit) for the year 242,393 (17,704) 137.(M)8 105J85 .4t 3 1st August 2024 224,689 242.393 Page 12