## ## |Trustees||AJ Efunshile CBE - Chair|AJ Efunshile CBE - Chair|||| |---|---|---|---|---|---|---| |||ABanjuke OBE||||| |||C Hampson
CBE||||| |||P K Hamzahee|FRSA|||| |||AHochhauser|KC|||| |||C Poncho MBE - Founder/CEO||||| |||AS Prag||||| |||TVianana - Treasurer||||| |||SE Meadows|MBE|(Appointed|8 February|2024)| |||L Small||(Appointed|8 February|2024)| |Secretary||JWebster||||| |Charity number||1101599||||| |Company
number||04573958||||| |Principal address||Feathers Association||||| |||12 Rossmore Road||||| |||London||||| |||NW1 6NX||||| |Registered|office|Austin House||||| |||43 Pools Road||||| |||Boumemouth||||| |||Dorset||||| |||England||||| |||BH4 9DN||||| |Independent|examiner|Rowlands Webster Limited||||| |||Austin House||||| |||43Pools Road||||| |||Bournemouth||||| |||Dorset||||| |||England||||| |||BH4 9DN||||| ## ## ||||Page| |---|---|---|---| |Trustees'
report|||t -5| |Independent
examiner's||report|| |Statement
offinancial|activities||| |Balance sheet|||8-9| |Statement
ofcash flows|||10| |Notes to the financial|statements||11-20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2023|2023|2023|2022|2022|2022| |||Notes|2|6|2|2|6|6| |me an|||from|||||| |Donations
and||||||||| |legacies|||554,075|64,762|618,837|551,787|117,643|669,430| |Charitable
activities|||347,278||347,278|345,884||345,884| |Investments|||2,514||2,514|||| |Other income||||||10,988||10,988| |Total income|||903,867|64,762|968,629|908,659|117,643|1,026,302| |~Ed b||||||||| |Raising funds||7|68,314||68,314|72,307||72,307| |Charitable
activities||8|922,217|38,375|960,592|664,878|150,743|815,621| |Total expenditure|||990,531|38,375|1,028,906|737,185|150,743|887,928| |Net (expenditure)/income||||||||| |forthe year/||||||||| |Net movement|In funds||(86,664)|26,387|(60,277)|171,474|(33,100)|138,374| |Fund balances|at 1 October|||||||| |2022||||51,000|899,441|678,967|84,100|761,067| |Fund balances|at|30||||||| |September 2023|||761,777|77,387|839,164|848,441|51,000|899,441| ## ## ## |||||2023||2022|| |---|---|---|---|---|---|---|---| ||||Notes|f||8|| |Fixed assets|||||||| |Tangible assets|||12||46,640||54,725| |Current assets|||||||| |Stocks|||13|12,987||7,486|| |Debtors|||14|4,851||34,395|| |Cash at bank and in||hand||813,036||860,408|| |||||830,874||902,289|| |Creditors:|amounts|falling due within|||||| |one year|||15|(38,350)||(57,573)|| |Net current|assets||||792,524||844,716| |Total assets less current liabilities|||||839,164||899,441| |Income funds|||||||| |Restricted|funds||17||77,387||51,000| |Unrestricted|funds||||||| |Designated|funds||18|701,353||722,500|| |General unrestricted||funds||60,426||125,941|| ||||||761,777||848,441| ||||||839,164||899,441| ## ## ## ## ## ## |||||2023||2022|| |---|---|---|---|---|---|---|---| ||||Notes|6||6|| |Cash flows from operating||activities|||||| |Cash (absorbed|by)/generated|from|20||||| |operations|||||(42,611)||189,162| |Investing
activities|||||||| |Purchase oftangible
Axed assets||||(7,275)||(45,735)|| |Investment
income received||||2,514|||| |Net cash used|in investing|activities|||(4,761)||(45,735)| |Net cash used|in financing|activities|||||| |Net (decrease)/increase
in||cash and|cash||||| |equivalents|||||(47,372)||143,427| |Cash and cash|equivalents
at beginning||ofyear||860,408||716,981| |Cash and cash|equivalents|at end of|year||813,036||860,408| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2023
8|2023
6|2023f|2022
8|2022
6|2022| |Donations|and||giRs|37,226||37,226|108,845||108,845| |Grants||||516,e49|64,762|581,611|442,942|117,643|560,585| |||||554,075|64,762|618,837|551,787|117,643|669,430| |Charitable||activities|||||||| |||||||||Charitable|Charitable| |||||||||Income|income| |||||||||2023|2022| |||||||||6|6| |Sales within||charitable||activities||||324,076|332,450| |Ancillary|trading||income|||||23,202|13,434| |||||||||347,278|345,884| |Investments|||||||||| ||||||||Unrestricted||Total| |||||||||funds|| |||||||||2023|2022| |||||||||6|6| |Bank interest||||||||2,514|| ## ## ## ## |6|Other income|Other income||||| |---|---|---|---|---|---|---| ||||||Total|Unrestricted| |||||||funds| ||||||2023f|2022
5| ||Theatre Tax Credit|||||10,988| |7|Raising funds|||||| ||||||Unrestricted|Unrestricted| ||||||funds|funds| ||||||2023|2022| ||||||6|2| ||Support costs||||68,314|72,307| ||||||68,314|72,307| |8|Charitable|activities||||| ||||||2023|2022| ||||||6|6| ||Depreciation
and||impairment||15,359|13,669| ||Ballet Company||and|Ballet School|935,555|801,952| ||||||950,914|815,621| ||Share ofgovernance|||costs (2022 auditor fees )|9,678|| ||||||960,592|815,621| ||Analysis|by fund||||| ||Unrestricted
funds||||922,217|664,878| ||Restncted|funds|||38,375|150,743| ||||||960,592|815,621| ## ## ## ## |2023|2022| |---|---| |Number|Number| ## ## |Tangible fixed assets||||| |---|---|---|---|---| |||Plant and|Computers|Total| |||ertulpment||| |||5||| |Cost||||| |At 1 October 2022||83,246|13,145|96,391| |Additions||1,984|5,292|7,276| |At 30September 2023||85,230|18,437|103,667| |Depreciation
and impairment||||| |At 1 October 2022||36,082|5,477|41,559| |Depreciation
charged|in the year|12,039|3,429|15,468| |At 30September 2023||48,121|8,906|57,027| |Carrying
amount||||| |At 30September 2023||37,109|9,531|46,640| |At 30September 2022||47,165|7,560|54,725| ## ## |13|Stocks||||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||6|| ||Finished goods and goods for resale|||||12,987|7,486| |14|Debtors||||||| |||||||2023|| ||Amounts
faging due||within one year:|||6|| ||Trade debtors|||||1,000|| ||Other debtors|||||1|27,406| ||Prepayments|and accrued income||||3,850|5,729| |||||||4,851|33,135| |||||||2023|2022| ||Amounts
falling due||after more than one year:|||6|6| ||Prepayments|and accrued income|||||1,260| ||Total debtors|||||4,851|34,395| |15|Creditors: amounts||falling due|within one year|||| |||||||2023|2022| ||||||Notes|6|| ||Other taxation|and social security||||7,105|| ||Deferred income||||16|29,296|35,969| ||Trade creditors|||||(2,244)|16,231| ||Accruals and|deferred|income|||4,193|5,373| |||||||38,250|57,573| |16|Deferred income||||||| |||||||2023|2022| |||||||6|6| ||Arising from Grants and prepaid|||ballet school|||| ||fees|||||29,296|35,969| ## ## |Deferred|||n|come||||||||||||(Continued)| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||||2023|2022| ||||||||||||||||f|6| |Deferred||income is||||included|within:|||||||||| |Current|liabilities||||||||||||||29,296|35,969| |Movements||||in the|year:|||||||||||| |Deferred||income at||||1 October 2022|||||||||35,969|| |Released||from previous
periods|||||||||||||(35,969)|| |Resources|||deferred|||in the year|||||||||29,296|35,969| |Deferred||income at||||30September||2023|||||||29,296|35,969| |Restricted||||funds||||||||||||| |The income||||funds||of the charity||include|restricted|funds||comprising|the following|unexpended||balances
of| |donations|||and grants held on trust|||||for specific purposes:||||||||| ||||||||Movement||in funds||||Movement|in|funds|| ||||||Balance at||Incoming||Resources|||Balance at|Incomlog||Resources|Balance at| |||||1October 2021|||maources||expended1||October 2022||resources||expended|30September| |||||||||||||||||2023| ||||||||||||||||8|6| |Sackler||||||||||||||||| |(Producer)||||||21,850||40,000|(41,850)|||20,000|||(20,000)|| |Bank of||||||||||||||||| |America||||||50,000|||(50,000)|||30,000|||(10,613)|19,387| |||||||12,250|||(12,250)|||||||| |||||||||72,643|(42,643)|||||||| |Idlewild|Trust|||||||5,000|(4,000)|||1,000|||(1,000)|| |Nike|||||||||||||64,762||(6,762)|58,000| |||||||84,100|117,643||(150,743)|||51,000|64,762||(38,375)|77,387| ## ## ## ## ## ||||Balance at|Transfam|Balance at|Resources|Babnce at| |---|---|---|---|---|---|---|---| |||1|October 2021|1|October 2022|expended|$0September| ||||||||202$| |||||E|E|E|E| |Emergency|fund||220,000|67,500|287,500||267,500| |Development|Fund||225,000||225,000|(21,147)|203,853| |Operational|Cashflow||210,000||210,000||210,000| ||||655,000|67,500|722,500|(21,147)|701,353| ## ## ## ## ## ## |20|Cash generated
from|Cash generated
from|operations|operations|||2023|2022| |---|---|---|---|---|---|---|---|---| |||||||||5| ||(Deficit)/surpus
for|the|year||||(45,564)|138,374| ||Adjustments
for:|||||||| ||Investment
income|recognised||in statement||offinancial activities|(2,514)|| ||Depreciation
and impairment
oftangible||||fixed assets||15,359|13,669| ||Movements
in working||capital:|||||| ||(Increase)/decrease|in|stocks||||(5,501)|1,110| ||Decrease/(increase)|in|debtors||||29,544|(19,314)| ||(Decrease)/increase|in|creditors||||(12,550)|19,354| ||(Decrease)/increase|in|deferred|income|||(21,386)|35,969| ||Cash (absorbed
by)/generated|||from operations|||(42,612)|189,162|