REGISTERED COMPANY NUMBER: 04558942 {England and Wales) REGISTERED CHARITY NUMBER: 1096312 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 FOR VOICES OF BRITISH BALLET Hysons Chartered Accountants 14 London Street Andov8r Hampshire SP10 2PA
VOICES OF BRITISH BALLET CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 Page Roport of thè Trustees Independent Examinerfs Roport ststement of Financial Activities Balance Sheet Notes to the Flnancial Statements 7 to 10 Detailed Statement of Financial Activities
VOICES OF BRITISH BALLET REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 The trustees who are also directors of the charily for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2023. The trustees have adopted Ihe provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The object of Voices of British Ballet ('CompanV' or "Voices") is to advance the education of the public in the study and undersianding of ballet, dance and related arts in their histori¢al, social and artistic contexts. Significant activities Activities were primarily directed toward seeking funding and, within the limited amount of the funds currently available, recording and transcribing inteNiews with figures within the ballet world pursuant to the Objects of Voices. Plans are well advanced for public access to the interviews and include both a website and separate facilities. Public benefit When planning our activities for the year, the Board of Trustees has considered the Charity Commission's guidance on public benefit and our strategic plans have been developed to ensure that we provide a public benefit and achieve the object set out in the governing document. ACHIEVEMENT AND PERFORMANCE Charitable activities Our Voices of British Ballet interviewing programme continues steadily and we re(x)rded Iwelve full interviews in 2023. Throughout the year we also expanded our Voices of British Ballet podcast series ready for release. As part of this programme we recorded 20 new introductions to various podcasts. covering a range of 'voices' from various diff8rent times and dan¢e companies in 20th and 21st Cenlury Britain. We are going to release our first podcasts, together with our website, in early summer 2024. The Timeline for th8 website, a detailed look at the development of ballet in Ihis country, will go live later in the y8ar. FINANCIAL REVIEW Financial position The Statement of Financial Activities of the Company is set out on page 5. This is the twentieth year of existence. During the year, donations of £25,092 (2022: £44,355) were reiVed and total resources of £27,600 (2022.. £42,787) were expended. The lolal funds of the Charity at 31 October 2023 amounted to £8,668 (2022: £11,148). These funds are held as cash on deposit at the bank and are used to fund the collection and recording of interviews which will be put in a national archive. These funds are also used for the ongoing development of Ihe Charitls website. Reserves policy The reserves policy is to ensure sufficient cash is available to meet the debts of the Charity as they fall due, the expenditure of the charity is largely discretionary so can be flexed as a result of flucluating income levels. The reserves policy and level of reseNes held is reviewed by the Board on an annual basis. Page 1
VOICES OF BRITISH BALLET REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 FINANCIAL REVIEW Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that Ihe company has adequate resources to continue in operational existence for the foreseeab18 future. For thi5 reason they continue lo adopl the going concern basis in preparing the fin8nGi81 statements. FUTURE PLANS Our VBB website was temporarily pul on hold during the Covid 19 pandemic. We plan to continue developing il along wilh our interviewing programme. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by it goveming document, its Articles of Association, and constitutos a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment and appointment of new trustees The management of the company is the responsibility of the Trustees who are elected and CO•OPted under the terms of the Articles of Association. Risk management The principal risks to which Voices is exposed have been identified and systems or procedures exist to manage those risks. The principal risks are those la) which 8ffect incoming resources i.e. donations and grants (b> those which affect the availability of figures within the ballet world for interview. In particular, th8 programme of inteNiews and associated transcription and access facilities is limited by availability of funding and accordingly financial commitments are only made within the limit of available resources. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04558942 (England and Wales) Reglstered Charlty number 1096312 Registered office 11 Sherbome House Sherborne Cheltenham Gloucestershire GL54 3DZ Trustees Mr J Gray Ms P C M Linton (appointed 21.2.23) Miss K Wade Company Secretary Ms P C M Linton Page 2
VOICES OF BRITISH BALLET REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Christopher Joyce Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA Bankers CAF Bank Limited Kings Hill West Malling Kent ME19 4JQ Honorary President Deborah Bull C.B.E. This report has been prepared in accordance wth the special provlsions of Part 15 of the Companies Act 2006 relating to small companles. Approved by order of the board of trustees on .Jl... behalf by.. and signed on ils Ms P C M Linton - Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VOICES OF BRITISH BALLET Independent examinerfs report to the trustees of Volces Of Brltish Ballet ('the Company,) report lo the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2023. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of Company law) you are responsible for the preparalion of the accounts in accordance wilh the requirements of the Companies Act 2006 {'the 2006 Act,). Having satisfied myself Ihat Ihe accounts of the Company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried oul under Seclion 145 of the Charities Act 2011 {'the 2011 Acl'l. In carrying out my examination I have followed Ihe Directions given by the Charity Commission under Seclion 145(5) (b) of the 2011 Act. Independent examiner's Statement I have completed my examination. I confirm thal no matters have c4)me to my attention in connection with the examination giving me cause lo believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requir8ments of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is nol a matter considered as part of an independent examination- or the accounts have not been prepared in accordance with the methods and principles of Ihe Statement of Recommended Practice for accounling and reporting by charities (applicable to charities prepaiing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have no concems 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. Christopher Joyce Hysons Chartered Accountanls 14 London Street Andover Hampshire SP10 2PA Date= Page 4
VOICES OF BRITISH BALLET STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2023 2023 Unrestricted fund 2022 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 25,092 44,355 Investment income 28 14 Total 25,120 44,369 EXPENDITURE ON Charitable activities Principal activity 27,600 42,787 NET INCOMEI(EXPENDITURE) (2,480) 1,582 RECONCILIATION OF FUNDS Total funds brought ford 11,148 9.566 TOTAL FUNDS CARRIED FORWARD 8,668 11,148 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activilies. The notes form part of these financial statements Pag8 5
VOICES OF BRITISH BALLET BALANCE SHEET 31 OCTOBER 2023 2023 Unrestricted fund 2022 Total funds Notes CURRENT ASSETS Cash at bank 9,628 12,108 CREDITORS Amounts falling due within one y8ar (960} 1960> NET CURRENT ASSETS 8,668 11,148 TOTAL ASSETS LESS CURRENT LIABILITIES 8,668 11,148 NET ASSETS 8,668 11,148 FUNDS Unrestricted funds 8,668 11,148 TOTAL FUNDS 8,668 11,148 The charitable company is entitled to exemplion from audit under Seclion 477 of the Companies Act 2006 for the year ended 31 October 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006. The trustees aCknOedge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of Ihe state of affairs of th6 charitable company as at the end of each financial year and of lis surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otheNise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to th6 charitsble company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ... X.-.2Q.'Ll+..... and were signed on its behalf by.. Ms P C M Linton - Trustee The not8s lorm part of these financial statemenls Page 6
VOICES OF BRITISH BALLET NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 ACCOUNTING POLICIES Basis of preparing the financial Statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Ch8rities-. Statement of Recommended Practice applicable to chariti8s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ire5and {FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Stalemenl of Financial Activities once the charily has entillement to the funds, It is probable that the income wll be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendilure as six)n as there is a legal or constructsve obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to Ihe category. Where costs cannot be directly attributed to Particular headings they have been allocated lo activities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charilable actimties. Fund accounting Unrestricted funds Gan 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 the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is inGlud8d in the notes lo lh8 financial statemenls. Page 7 continued...
VOICES OF BRITISH BALLET NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023 DONATIONS AND LEGACIES 2023 2022 Donations 25,092 44,355 INVESTMENT INCOME 2023 2022 Deposit account interest 28 14 CHARITABLE ACTIVITIES COSTS Direct Costs Support costs Totals Principal activity 26,536 1,064 27,600 TRUSTEES. REMUNERATION AND BENEFITS There were no truslees, remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 October 2022. Trustees. expenses There were no trustees. expenses paid for the year ended 31 October 2023 nor for the year ended 31 October 2022. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Accnjed expenses 960 960 MOVEMENT IN FUNDS Net movement in funds At 1.11.22 At 31.10.23 Unrestricted funds General fund 11,148 {2.4801 8.668 TOTAL FUNDS 11,148 12,480) 8,668 Page 8 continued...
VOICES OF BRITISH BALLET NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023 MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are a5 follows.. Incoming Resources Movement resourc8S expended in funds Unrestrlcted funds General fund 25,120 127,600) (2,480) TOTAL FUNDS 25,120 (27,600) (2,4801 Comparatives for movement in funds Net movement in funds At 1.11.21 At 31.10.22 Unrestrlcted funds General fund 9,566 1,582 11,148 TOTAL FUNDS 9,566 1.582 11,148 Comparative net movement in funds. included in the above are as follows: Incoming Resources Movement resources expended in funds Unrestricted funds General fund 44.369 (42,787) 1.582 TOTAL FUNDS 44,369 (42.787) 1,582 Page 9 continued...
VOICES OF BRITISH BALLET NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023 RELATED PARTY DISCLOSURES Sn both the current and preceding year, the income of the charity aroso frorn donalions from the project director and persons closely connected to her. Page 10
VOICES OF BRITISH BALLET DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2023 2023 2022 INCOME AND ENDOWMENTS Donatlons and legacles Donations 25.092 44,355 Investment income Deposit account interest 28 14 Total Incoming resources 25,120 44,369 EXPENDITURE Charitable actlvltles Interview expenses Audio clips Transcription s8rvic8S Sound technicaan Website costs 7,602 4,000 2,199 4,422 8,313 12,366 2.428 6,612 20,280 26,536 41,686 Support costs Finance Bank charges 64 101 Governance costs Sundries Accountancy fees 40 960 40 960 1,000 1,000 Total resources expended 27.600 42.787 Net (expenditure)lincome (2,480) 1.582 This page does not fomi part of Ihe stalulory financial statements Page11