## |Contents ofthe Financial Statements|||| |---|---|---|---| |forthe Year Ended 31stMarch 2023|||| |||Page|| |Reference and Administrative
Details|||| |Director's Report|||| |Chair's Report|||| |Report ofthe Trustees|4|to|8| |Independent
Examiner's
Report|||| |Statement of Financial Activities||10|| |Balance Sheet|11|to|12| |Notes tothe Financial Statements|13|lc|21| |Detailed Statement ofFinancial Activities|22|to|23| ## |TRUSTEES|H Annetls|||| |---|---|---|---|---| ||M Graham|(resigned||10.3.23)| ||H Murphy|||| ||CStenton|(Chair)||| ||PA James|||| ||JCAutin|||| |COMPANY SECRETARIES|K M M Ross|||| ||P H Bellamy|||| |REGISTERED OFFICE|The Angel|Centre||| ||Angel Place|||| ||Worcester|||| ||Worcestershire|||| ||WR1 3QN|||| |REGISTERED COMPANY NUMBER|04177900|(England||and Wales)| |REGISTERED CHARITY NUMBER|1092334|||| |INDEPENDENTEXAMINER|The Richards||Sandy|Partnership| ||Thomeloe|House||| ||25 Barbouma||Road|| ||Worcester|||| ||Worcestershire|||| ||WR1 1RU|||| |ARTISTIC DIRECTOR|R Beeston|||| |EXECUTIVE PRODUCER|KRoss|||| |BANKERS|Lloyds Bank pic|||| ||4The Cross|||| ||The Avenue|||| ||Worcester|||| ||WR1 3PY|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||for the Year En|ded 31st March|2023||| |---|---|---|---|---|---|---| ||||||2023|2022| ||||Designated|||| ||||Investment|||| ||||In|||| |||Unrestricted|Dancefssi|Restricted|Total|Total| ||Notes|funds
'6|Growth
f|funds
6|funds
6|funds
6| |INCOME AND ENDOWMENTS||||||| |FROIN||||||| |Grants, dona0ons and legades||105,269||10,905|115,174|139,560| |Charitable
activities||||||| |Dance projects, dasses 8||||||| |workshops||72,472|||72372|58,187| |Other trading activities
Investment
income||1,896
95,|||1,896
95|389
4| |Total||179,732||10,905|190,637|198,140| |EXPENDITURE ON||||||| |Raising funds|7|2,304|||2,304|6,547| |Charitable
activities||||||| |Dance projects, dasses 8||||||| |workshops||198,449||10.905|209,354|198,988| |Total||200,753||10,905|211,658|205,535| |NET INCOME/(EXPENDITURE)
Transfers
between funds|20|(21,021)
7,500|(7,500)||(21,021)|(7,395)| |Net movement
In funds||(13,521)|(7,500)||(21,021)|(7,395)| |RECONCILIATION
OF FUNDS||||||| |Total funds brought forward||84,592|10,000||94,592|101,987| |TOTAL FUNDS CARRIED||||||| |FORWARD||71,071|2,500||73,571|94,592| ## ## ||||||31st|
INarch 2023|||| |---|---|---|---|---|---|---|---|---|---| |||||||||2023|2022| |||||||Designated|||| |||||||Investment|||| |||||||Iii|||| ||||||Unrestricted|Dsncefest|Restricted|Total|Total| ||||||funds|Growth|funds|funds|funds| |||||Notes|5|6|6|6|6| |FIXEDASSETS|||||||||| |Tangible assets||||16|||||43| |CURRENT ASSETS|||||||||| |Debtors||||17|8,703|||8,703|13,215| |Cash at bank and|in hand||||70,129|2,500||72,629|69,OO6| ||||||78,832|2,500||81,332|102,221| |CREDITORS|||||||||| |Amounts
falling due within|||one||||||| |year||||18|(7,761)|||(7,761)|(7,672)| |NET CURRENT ASSETS|||||71,071|2,500||73,571|| |TOTAL ASSETSLESS|||||||||| |CURRENT LIABILITIES|||||71,071|2,500||73,571|94,592| |NETASSETS|||||71,071|2,500||73,571|94,592| |FUNDS|||||||||| |Unrestricted
funds:|||||||||| |General
Fund||||||||21,071|34,592| |Designated
Contingency|||Resenie|Fund||||50,000|50,000| |Designated
Investment||in|Dancefest Growth|||||2,500|10,000| |||||||||73,571|94,592| |TOTAL FUNDS||||||||73,571|94,592| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||OTHER TRADING A|C|TIVITIES||||| |---|---|---|---|---|---|---|---| |||||||2023f|2022
5| ||Fundraising
events|||||916|| ||Sale cfmerchandising||goods|||981|389| |||||||1,898|389| |5.|INVESTMENT INCOME||||||| |||||||2023|2022| |||||||8|6| ||Bank interest|||||95|4| ||INCOME FROM CHARITABLE|||ACTIVITIES|||| |||||||2023|2022| |||||Activky||6|| ||Programme cfClasses|||Dance projects|classes &workshops|27,931|24,746| ||School Projects|||Dance projects|classes &workshops|19,817|16,242| ||Community
Projects|||Dance projects|classes &workshops|3,691|3,241| ||Professional
Workshops|||Dance projects|dasses &workshops|1,080|| ||Community
Performances|||Dance projects|dasses 8 workshops|1,689|1,807| ||Big Jigsaw Programme|||Dance projects|dassss 8 workshops|3,171|1,375| ||Youth dance|||Dance projects|dasses 8 workshops|11,260|8,525| ||Children's
Dance Clubs|||Dance projects|classes &workshops|2,533|2,251| ||Dance Development|Leaders|||||| ||Group|||Dance projects,|classes &workshops|1,300|| |||||||72,472|58,187| ||RAISING FUNDS||||||| ||RAISING DONATIONS||AND LEGACIES||||| |||||||2023|2022| |||||||6|6| ||Staffcosts|||||464|445| ||Fundraiser fees||||||5,000| ||Support costs|||||500|500| ||||||||5,945| ||OTHER TRADING ACTIVITIES||||||| |||||||2023f|2022
5| ||Purchases|||||1,340|602| ||Aggregate
amounts|||||2,304|6,547| ## ## ||forthe Year Ended 31|forthe Year Ended 31|stMarch 2023||| |---|---|---|---|---|---| ||CHARITABLE ACTIVITIES COSTS||||| ||||Direct|Support|| ||||Costs (see|costs (see|| ||||note 9)
f|note 10)|Totalsf| ||Dance projects, classes 8 workshops||200,171|9,183|209,354| ||DIRECT COSTS OF CHARITABLE ACTIVITIES||||| |||||2023f|2022f| ||Staffcosts|||133,386|119,790| ||Rent and running
costs|||6,195|3,755| ||Insurance|||1,1aa|1,321| ||Contractor admin support||||1,363| ||Telephone|||562|427| ||Postage and stationery|||1,993|2,297| ||Marketing,
publicity,|adverts||3,860|5,536| ||BigJigsaw Performance|||3,338|2,240| ||Youth dance|||1,360|660| ||Freelance professionals||||7,025| ||Professional
workshops|||1,260|2,132| ||Subscriptions|||221|443| ||Training Costs|||203|1,235| ||Programme
ofclasses|||a,aa4|6,702| ||Venue hire|||5,325|2,865| ||Worcester Childrens|Groups||111233|5,960| ||School projects|||8,581|6,444| ||Community
projects|||8,410|8,656| ||Travel Costs|||219|2,685| ||Sundry expenses|||22|612| ||Computer
equipment|and repairs||2,288|3,662| ||Bank charges|||780|509| ||Depreciation|||42|363| |||||200,171|188,902| |10.|SUPPORT COSTS||||| |||||Governance|| ||||Management
f|costs
f|Totals
f| ||Raising donations
and legacies||500||500| ||Dance projects, classes &workshops|||9,183|a,183| ||||500|9,183|9,683| ## ## ## ## |Support co|st|s,|includ|ed|in the above, am as fofio|ws:||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2023|2022| |||||||Raising||Dance||| |||||||donations||projects,||| ||||||||and|dasses 5|Total|Total| |||||||legacies||workshops|activities|activities| ||||||||8|6|6|6| |Marketing,|publicity,|||adverts|||500||500|500| |Accountancy||fees||||||1,980|1,980|2/66| |Professional||fees||||||1,564|1,564|1,555| |Annual
return||||||||13|13|13| |Bookkeeping||||||||5,626|5,826|6,052| ||||||||500|9,183|9,883|10,588| |NET INCOME/(EXPENDITURE)||||||||||| |Net income/(expenditure)|||||isstated after charging/(crediting):|||||| ||||||||||202$|2022| ||||||||||5|5| |Depreciation||-|owned|assets|||||43|362| |Independent||examiner's|||fee in respect ofexternal|scrutiny|||1,980|1,740| |Independent||examiner's|||fee in respect ofother assurance||services|||726| |Other operating|||leases||||||6,731|4,553| ## ## ## ## ## |During the year ended 31 March 2023one trustee wa
STAFFCOSTS|s paid travel expenses cff22 (2022:5143).|| |---|---|---| ||202$|2022| ||8|E| |Wages and salaries|128,263|116,009| |Social security coals|3,209|2,263| |Other pension costs|2,378|1,963| ||133,850|120,235| ## ## ## |COMPARATIVES FORTHE ST|ATEMENT O|F FINANCIAL ACTIV|ITIES||| |---|---|---|---|---|---| ||||Designated||| ||||Investment||| ||||in||| |||Unreskicted|Dancefest|Restncted|Total| |||funds
f|Growth
6|funds
6|fundsf| |INCOME AND ENDOWMENTS|FROM||||| |Grants, donations
and legades||108,061||31,499|139,560| |Charitable activities|||||| |Dance projects, dasses &workshops||58,187|||58,187| |Other trading
activtdes
Investment
income||389
4|||389
4| |Total||166,641||31,499|198,140| |EXPEND!TURE ON|||||| |Raising funds||1,115||5,432|6,547| |Charitable
activities|||||| |Dance projects, classes &workshops||172,303||26,685|198,988| |Total||173,418||32,117|205,535| |NET INCOME/(EXPENDITURE)||(6,777)||(618)|(7,395)| |Transfers
between funds||9,382|(10,000)|618|| |Net movement
in funds||2,605|(10,000)||(7,395)| |RECONCILIATION
OF FUNDS|||||| |Total funds brought forward||81,987|20,000||101,987| |TOTAL FUNDS CARRIED FORWARD||84,592|10,000||94,592| ## ## |TANGIBLE FIXEDASSETS|| |---|---| ||Computer| ||equipment| ||8| |COST|| |At 1stApril 2022 and 31stMarch 2023|5,610| |DEPRECIATION|| |At 1stApril 2022
Charge foryear|5,567
43| |At31stMarch 2023|5,610| |NET BOOK VALUE|| |At31stMarch 2023|| |At 31stMarch 2022|43| ## ## ## ## |DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||| |---|---|---| ||2023|2022| |Trade debtom|7,761|11,662| |Other debtors|15|636| |Prepayments|927|917| ||8,703|13,215| |CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR||| ||2023|2022| ||9|2| |Trade creditors|2,940|1,814| |Funds held as agent|560|304| |Accrued expenses|4,252|5,464| ||7,761|7,672| |Minimum
le|as|e payment|s|under non-cancellabl|e
operating leases|fall due as follows|:|| |---|---|---|---|---|---|---|---|---| ||||||||2023
f|2022
6| |Within one year|||||||1,888|1,727| |Between one||and five years|||||1,888|3,454| ||||||||3,776|5,181| |MOVEMENT||IN FUNDS||||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.4.22|in funds
6|fundsf|31.3.23
f| |Unrestricted||funds||||||| |General Fund|||||34,592|(21,021)|7,500|21,071| |Designated|Contingency|||Reserve Fund|50,000|||50,000| |Designated|Investment||in|Dancefest||||| |Growth|||||10,000||(7,500)|2,500| ||||||94,592|(21,021)||73,571| |TOTAL FUNDS|||||94,592|(21,021)||73,571| ## ## ## ## |MOVEMENT
IN FUNDS - contin|MOVEMENT
IN FUNDS - contin|MOVEMENT
IN FUNDS - contin|ued||||| |---|---|---|---|---|---|---|---| |Net movement
in funds, included|||in the above|are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resources
f|expended
f|in funds
f| |Unrestricted
funds|||||||| |General Fund|||||179,732|(200,753)|(21,021)| |Restricted funds|||||||| |Projects|||||500|(ooo)|| |Cover Me In Sunshine|Dance|Days|||2,827|(2,827)|| |Jubilee - Crowns, Hats|and Handbags||||||| |Project|||||7,578|(7,578)|| ||||||10,905|(to,ooo)|| |TOTAL FUNDS|||||190,837|(211,658)|(21,021)| |Compsrstives
for movement||in|funds||||| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1.4.21
f|in funds
f|funds
f|31.3.22
f| |Unrestricted
funds|||||||| |General Fund||||31,987|(6,777)|9,382|34,592| |Designated
Contingency|Reserve||Fund|50,000|||50,000| |Designated
Investment|in Dancefest||||||| |Growth||||20,000||(10,000)|10,000| |||||101,987|(6,777)|(616)|94,592| |Restricted funds|||||||| |Dancefest Culture Recovery Fund|||||(618)|618|| |TOTAL FUNDS||||101,987|P,395)||94,592| |Comparaove
net movement
in||funds, induded||in the above are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resounws
f|expended
f|in funds
f| |Unrestricted
funds|||||||| |General
Fund|||||166,641|(173,418)|(6,777)| |Restricted funds|||||||| |Dancefest Culture Recovery Fund|||||24,999|(25,617)|(618)| |Floods Project Fund|||||4,500|(4,500)|| |Why
I Dance Project Fund|||||2,000|(2,000)|| ||||||31,499|(32,117)|(618)| |TOTAL FUNDS|||||198,140|(205,535)|P,395)| ## ## ## ## ## ## |||2023|2022| |---|---|---|---| |||5|6| |INCOME AND ENDOWMENTS|||| |Grants, donations
and legacies|||| |Donations||253|359| |Grants||97,971|121,941| |Worcester Municipal
Exhibition|Foundation|17,950|17,260| |||116.174|139,560| |Other trading activities|||| |Fundraising
events||915|| |Sale ofmerchandising
goods||9S1|389| |||1,896|389| |Investment
income|||| |Bank interest||95|| |Charitable
activities|||| |Programme
ofClasses
School Projecb||27,931
19,S17|24,746
16,242| |Community
Pmjects||3,691|3,241| |Professional
Workshops||1,080|| |Community
Performances||1,689|1,807| |BigJigsaw Programme||3,171|1,375| |Youth dance||11,260|8,525| |Children's
Dance Clubs||2,533|2,251| |Dance Development
Leaders Group||1,300|| |||72,472|58,187| |Total incoming resources||190,637|198,140| |EXPENDITURE|||| |Raising donations
and legacies|||| |Wages
Social security||427
29|427
10| |Pensions||8|8| |Fundraiser fees|||5,000| |||464|5,445| |Other trading activities|||| |Merchandising
goods costs||1,340|602| |Charitable
activities|||| |Wages and Dance Artists costs
Social security||127,836
3,180|115,582
2,253| |Pensions||2,370|1,955| |Rent and running costs||6,19S|3,755| |Insurance||1,199|1,321| |Contractor admin support|||1,383| |Telephone
Postage and stationery||562
1,99S|427
2,297| |Carried forward||143,3S5|128,973| ## ||
for the Year Ended 3|1stMarch 2023|| |---|---|---|---| |||2023|2022| |Chadtable
activities|||| |Brought forward||143,335|126,973| |Marketing,
publicity,|adverts|3,860|5,536| |Big Jigsaw Performance||3,338|2,240| |Youth dance||1,360|660| |Freelance professionals|||7,025| |Professional
workshops||1,260|2,132| |Subscriptions||221|| |Training Costs||203|1,235| |Programme
ofdasses||9.694|8,702| |Venue hire||5,325|2,865| |Worcester Childrens|Groups|11,233|5,960| |School projects
Community
projects
Travel Costs||8,581
8,410
219|6,444
8,656
2,885| |Sundry expenses||22|612| |Computer
equipment|and repairs|2,288|3,662| |Bank charges||780|509| |Depreciation||42|| |||200,171|188,902| |Support costs|||| |Management|||| |Marketing,
publicity,|adverts|500|| |Governance costs|||| |Accountancy fees||1,980|2,466| |Pmfessional
fees||1,564|1,555| |Annual
return||13|13| |Bookkeeping||5,626|6,052| |||9,183|10,086| |Total resouross expended||211,658|205,535| |Net expenditure||(21,021)|(7,395)|