|||Pages||
|---|---|---|---|
|Trustees'
Annual
Report||2 to 16||
|Independent
Examiner's
Report|||17|
|Statement of Financial
Activities|||18|
|Summary
Income and Expenditure|Account|||
|Balance Sheet|||20|
|Statement
ofCash flows|||21|
|Notes to the Accounts||22to|32|
|Detailed Statement of Financial Activities||33to|34|
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||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||funds|funds|Total funds|Total funds|
||||2022|2022|2022|2021|
|||Notes|E|E|E|E|
|Income and|endowments||||||
|from:|||||||
|Donations
and legacies
Charitable
activities
Investments
Other|||218,956
7,240
127
12,163|177,572|396,528
7,240
127
12,163|373,943
3,562
392
821|
|Total|||238,486|177,572|416,058|378,718|
|Expenditure|on:||||||
|charitable
Other|activities||1D,875
151,386|209,SSS|220,430
151,386|135,751
227,872|
|Total|||162,261|209,555|371,816|363,623|
|Net gains on|investments||||||
|Net income||10|76,225|(31,983)|44,242|15,095|
|Transfers
between
funds|||||||
|Net income before other|||||||
|gains/(lasses)|||76,225|(31,983)|44,242|15,095|
|Other gains and losses|||||||
|Net movement
in funds|||76,225|(31,983)|44,242|15,095|
|Reconciliation|offunds:||||||
|Total funds brought
forward|||284,509|74,069|3S8,S78|343,483|
|Total funds carried forward|||360,734|42,086|402,820|358,578|
##
||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Income|||||
||||415,931|378,326|
|Interest and|investment|Income|127|392|
|Gross income for the year|||416,058|378,718|
|Expenditure|||370,698|362,505|
|Depreciation|and charges|for|||
|impairment|offixed assets||1.4118|1,118|
|Total expenditure
for the year|||371,816|363,623|
|Net income|before tax for the year||44,242|15,095|
|Net income|forthe year||44,242|24,424|
##
|Akademi
South Asian Dance UK
Balance Sheet
at 31March2022|Akademi
South Asian Dance UK
Balance Sheet
at 31March2022|Akademi
South Asian Dance UK
Balance Sheet
at 31March2022||||
|---|---|---|---|---|---|
|Company
No.
05294528|||Notes|2022|2021|
|||||f|6|
|Fixed assets||||||
|Tangible assets||||||
||||||1,118|
|Current assets|||||1,118|
|Debtors
Cash at bank and|in hand||14|40,665
491,297|4,316
367,776|
|Creditors: Amount
fail)ir58 due within one year
Net current assets
Total assets less current
liabilities
Net assets excluding
pension asset or liability|||15|531,962
(129,142)
402,820
402,820
402,820|372,092
(14,632)
357,460
358,578
358,578|
|Total net assets||||402,820|353.578|
|The funds ofthe charity||||||
|Restricted funds|||16|||
|Restricted
income|funds|||42,086|74,069|
|Unrestricted
funds|||16|42,086|74,069|
|Genera
I funds
Designated
funds||||167,445
193,289|174,620
109,889|
|||||360,734|284,509|
|Reserves|||16|||
|Totalfunds||||||
|||||I02,820|358,578|
|||2022|2021|
|---|---|---|---|
||||6|
|Cash flows from operating|activities|||
|Net income per Statement|of Financial Activities|44,242|15,095|
|Adjustments
for:||||
|Depreciation
of property,
plant and equipment
Dividends,
interest and rents fram investments
Other gains/losses||1,118
(290)|1,118
(1,213)|
|(Increase)/Decrease
in
Increase/(Decrease)
in|trade and other receivables
trade and other payables|(36,349)
114,510|2,883
(2,185)|
|Net cash provided
by operating activities||123,231|15,698|
|Cash flows from investing|activities|||
|Dividends,
interest and|rents from investments|290|1,213|
|Net cash from investing
activities||290|1.213|
|Net cash from financing
activities||||
|Net increase
in cash and cash equivalents||123,521|16,911|
|Cash and cash equivalents|atthe beginning ofthe year|367,776|350,865|
|Cash and cash equivalents|at the end ofthe year|491,297|367,776|
|Components
of cash and cash equivalents||||
|Cash and bank balances||491,297|367,776|
|||491,297|367,776|
##
##
##
##
|Fund accoun|Fund accoun|ting||||||
|---|---|---|---|---|---|---|---|
|Unrestricted||funds|These are available for use at the discretion ofthe trustees
in furtherance|||of||
||||the general objects ofthe charity.|||||
|Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular
purposes,||||
|Revaluation||funds|These are unrestricted
funds which include
a revaluation|reserve representing||||
||||the restatement
of investment
assets at their market values.|||||
|Restricted|funds||These are available for use subject to restrictions
imposed
by the donor||or|||
||||through
terms of an appeal,|||||
|Income||||||||
|Recognition||of|Income is included
in the Statement of Financial
Activities (SoFA) when||the|||
|income|||charity becomes entitled to, and virtually
certain to receive, the income||and||the|
||||amount ofthe income can be measured
with sufficient|reliability.||||
|income with||related|Where income has related expenditure
the income and|related expenditure|||is|
|expenditure|||reported
gross in the SoFA.|||||
|Donations|and||Voluntary
income received by way ofgrants, donations|and gifts is included|||in|
|legacies|||the the SoFA when receivable
and
only when the Charity has unconditional|||||
||||entitlement
to the income.|||||
|Tax reclaims||on|income from tax reclaims
Is included
in the SoFA at the|same time as the||||
|donations|and gifts||gift/donation
to which it relates.|||||
|Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)|||||
|and facilities|||where the benefit to the Charity
is reasonably
quantifiable,
measurable||and|||
||||material.|||||
|Volunteer|help||The value ofany volunteer
help received
is not included|in the accounts.||||
|Investment||income|This is included
in the accounts when receivable.|||||
|Gains/(losses)
on|||This lndudes
any gain or loss resulting
from revaluing
investments
to market|||||
|revaluation||offixed|value at the and ofthe year.|||||
|assets||||||||
|Gains/(losses)
on|||This includes
any gain or loss on the sale ofinvestments.|||||
|investment||assets||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021|2021|2021|
|Income and endowments|from:||||
|Oonati ons and legacies
Charitable
activities
Investments
Other||218,956
3,562
392|154,987|373,943
3,562
392|
|||821||821|
|Total|||||
|||223,731|154,987|378,718|
|Expenditure
on:|||||
|Charitable
activities
Other||13,271|122,480|135,751|
|||227,872||227,872|
|Total|||||
|||241,143|122,480|363,623|
|Net income|||||
|Transfers
between
funds||(17,412)
52,654|32,507
(52,654)|15,095|
|Net income before other|||||
|gains/(losses)||35,242|(20,147)|15,095|
|Other gains and losses;|||||
|Net movement
in funds
Reconciliation
offunds:||35,242|(20,147)|15,095|
|Total funds brought
forward
Total funds carried forward||249,267
284,509|94,216
74,069|343,483
358,578|
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||f|f|
|Arts Council
Dance Well|/Linbury|Trust /|218,956||218,956|218,956|
|City Bridge Trust||||48,743|48,743|65,470|
|ROAR - John|I.yons charity/||||||
|BBCChildren|In Need|||17,100|17,100|30,000|
|National
Lottery Heritage|||||||
|Fund||||7,203|7,203|39,480|
|ACE & UCL-|Dancing|Brain/|||||
|Plastic Drastic Fantastic||||54,060|54,060|8,000|
|Barings / Feet First||||34,501|34,501||
|Community|workshops|||15,965|15,965||
||||218,956|177,572|396,528|361,906|
##
|5|Income fr|om charitable
activities||||
|---|---|---|---|---|---|
||||Unrestricted|total|Total|
|||||2022|2021|
||Dance development||7,240|7,240|445|
||Education|and community|||3,117|
||||7,240|7,240|3,562|
|6|income from investments|||||
||||Unrestricted|Total|Total|
|||||2022|2021|
||Bank interest||127|127|392|
||||127|127|392|
|7|Other income|||||
||||Unrestricted|Total|Total|
|||||2022|2021|
|||||E|f|
||Other donations||163|163|821|
||Theatre Tax Relief||12,000|12,000||
||||12,163|12,163|821|
##
|||||Unrestricted|Unrestricted|Unrestricted||Restricted|Total||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022||2021|
||Expenditure
on chariiable|||||||||||
||acbvities|||||||||||
||Dance development
Education
and community
Governance
costs|||10,585||||209,555|220,140||16,855
118,896|
||Trustees'
meeting costs||||290||||290|||
|||||10,875||||209,555|220,430||135,751|
|9|Other expenditure|||||||||||
||||||||Unrestricted||Total||Tote I|
||||||||||2022||2021|
||Advertising
and corporate|||||||f|f||f|
||fundraising|||||||6,250|6,250||3,471|
||Employee costs
Ivlotor and travel costs|||||||103,399
2,034|103,399
2,034|177,768||
||Premises costs
Amortisation,
depreciation,|||||||5,710|5,710||24,531|
||impairment,
profit/loss
on
disposal offixed assets|||||||1,118|1,118||1,118|
||General administrative
costs
Legal and professional
costs|||||||21,11,4
11,761|21,114
11,761||13,054
6,476|
||151,386
151,386
227,872
Full cost recovery amounts
from grants (core cost contributions
from grants that relate directly to the
project i.e.appropriate
pro rata percentages
of rent, support
administrative
salaries, overheads
etc)
are included
within expenditure
on charitable
activities
in note 8,thus reducing the costs in "other
expenditure"
in note 9, and in note 12"staffcosts".|||||||||||
##
|This is stated
Depreciation
Independent|after charging. '
ofowned fixed assets
Examiner's
fee|2022
f
1,118
1,950|2021
f
1,118
1,950|
|---|---|---|---|
|12|Staff casts|||
|---|---|---|---|
|||2022|2021|
||Salaries and wages|62,272|158,875|
||Social security costs|30,171|11,056|
||Pension costs|10,956|7,837|
|||103,399|177,768|
||The average|monthly
number af full time equi|valent
employees
during the year was|as follows:|
|---|---|---|---|---|
||||2022|2021|
||||Number|Number|
||Direct charitable
activities||3|2|
||Fundrai sing||||
||Management|and|||
||administration||||
|13|Tangible fixed assets||||
||Cast ar revaluation||||
||At 1April 2021|||75,802|
||At 31March|2022||75,802|
||Depreciation|and|||
||impairment||||
||At 1April 2021|||74,684|
||Depreciation|charge for the|||
||year|||1,118|
||At 31March|2022||75,802|
||hlet book values||||
||At 31March|2022|||
||At 31March|2021||1,118|
##
|14|Debtors|||
|---|---|---|---|
|||2022|2021|
||Trade debtors
Other debtors|3,050
12,000|1,795
9|
||Prepayments
and accrued income|25,615|2,512|
|15|Creditors:|46,666|~,316|
||amounts
falling due within one year|||
|||2022|2021|
|||6||
||Trade creditors|||
||Other taxes and social security
Other creditors||2,141
4,270|
||Accruals
Deferred income|46,992
82,150|1,078
7,143|
|||126,142|14,632|
##
||||Incoming||||
|---|---|---|---|---|---|---|
|||At 1April|resources
(including
other|Resources
expended|Gross
transfers|At31
March
2022|
|||2021|gains/losses)||||
||||E||||
|Restricted funds:|||||||
|Restricted income funds:|||||||
|Dance Well /Linbury|Trust /||||||
|City Bridge Trust||30,000|48,743|(78,743)|||
|ROAR - John Lyons charity /|||||||
|BBCChildren
In Need||25,636|17,100|(42,736)|||
|National
Lottery Heritage|||||||
|Fund|||/,203|(7,203)|||
|ACE 8 UCL-Dancing|Brain/||||||
|Plastic Drastic Fantastic||9,500|54,060|(63,560)|||
|Without Walls/
Pravaas||8,933||(1,348)||7,585|
|Barings / Feet First|||34,501,|||34,501|
|Community
workshops|||15,965|(15,965)|||
|Total||74,069|177,572|(209,555)||42,086|
|Unrestricted
funds:|||||||
|General funds||174,620|238,486|(158,661)|(87,000)|167,445|
|Designated
funds:|||||||
|Strategic Development
Dance Production
Artist and Artform||17,495
54,527||(3,600)|22,000
50,000|35,895
104,527|
|Development||19,620|||10,000|29,620|
|Community
and Education||18,247|||5,000|23,247|
|Total||109,889||(3,600)|87,000|193,289|
|Total funds||358,578|416,058|(371,816)||4II2,820|
##
|17|Analysis ofnet assets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted||
|||funds|funds|Total|
|||f|E|f|
||Net current assets|360,734|42,086|402,820|
|||360,734|42,086|402,820|
|18|Reconciliation of net cash equivalents||||
|||||At 31|
|||At 1April||March|
|||2021|Cash flows|2022|
|||f|f|f|
||Cash and cash equivalents|367,776|123,521|491,297|
|||367,776|123,321|491,297|
||Net cash equivalents|367,776|123,521|491,297|
##
##
|Annual
co|mmitments
under non-cancellable|operating
leases|are as follows:|||
|---|---|---|---|---|---|
|||2022|2022|2021|2021|
|||Land and
buildings|Other|Land and
buildings|Other|
|Operating|leases with expiry date:|||E||
|Over five|years|22,420||24,531||
|||22,420||24,531||
|Pension commitments||||||
||||2022||2021|
|The pension cost charge to the company|||g||E|
|amounted|to:||78,356||7,837|
##
##
|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total funds|Totalfunds|
|||||2022|2022|2022|2021|
|||||E|E||E|
|Income and endowments||from:||||||
|Donations
and ilegacies||||||||
|Arts Council
Dance Welf /Linbury|Trust/||City|218,956||218,956|218,9S6|
|Bridge Trust|||||48,743|48,743|65,470|
|ROAR - John Lyons charIty||/|BBC|||||
|Children
in Need|||||17,100|17,100|30,000|
|National
Lottery Heritage
Move Well - Ageing Better
ACE & UCL - Dancing
Brain||Fund
In Camden
/|||7,203|7,203|39,480
3,104|
|Plastic Drastic Fantastic|||||54,060|54,060|8,000|
|Pravaas
—Without
Walls|||||||8,933|
|Barings / Feet First|||||34,501|34,501||
|Community
workshops|||||15,965|15,965||
|Charitable
activities||||218,956|177,572|396,S28|373,943|
|Dance development
Education
and community||||7,240||7,240|445
3,117|
|Investments||||7,240||7,240|3,562|
|Bank interest||||127||127|392|
|Other||||127||127|392|
|Other donations
Theatre Tax Relief||||163
12,000||163
1,2,000|821|
|||||12,163||12,163|821|
|Total income and endowments
Expenditure
on:||||238,486|177,572|416,058|378,718|
|Charitable
activities||||||||
|Dance development
Education
and community||||10,585|209,555|220,140|16,8S5
118,896|
|Governance
costs||||10,585|209,555|220,140|135,751|
|Trustees'
meeting costs||||290||290||
|||||290||290||
|Total ofexpenditure
on|charitable|||||||
|activities||||10,875|209,555|220,430|135,751|
##
##
|Other expenditure|Other expenditure|Other expenditure||||
|---|---|---|---|---|---|
|Advertising
and corporate||||||
|fundraising|||6,250|6,250|3,471|
|Employee costs|||6,250|6,250|3,471|
|Salaries/wages
Employer's
FIIC
Pension costs
Staff recruitment
Staff training|||62,272
30,171
10,956|62,272
30,171
10,956|150,626
11,056
7,837
1,116
543|
|Staff welfare
Temporary
staff|||||1,996
4,594|
|Motor and travel costs|||103,399|103,399|177,768|
|Travel and subsistence|||2,034|2,034|1,454|
|Premises costs|||2,034|2,034|1,454|
|Rent
Rates|||3,653|3,653|22,560|
|Premises insurances|||2,05/|2,057|1,971|
|General admInistrative||costs,|5,710|5,710|24,531|
|including
depreciation||and||||
|amortisation||||||
|Depreciation
Bank charges
General insurances
Postage and couriers|||1,118|1,118|1,118
546
2,723
16|
|Software,
ITsupport||and||||
|related costs|||7,705|7,705|6,729|
|Stationery
and printing|||||92|
|Subscriptions|||3,413|3,413||
|Sundry expenses|||8,569|8,569|1,436|
|Telephone,
fax and|broadband||1,427|1,427|1,512|
|Legal and professional|costs||22,232|22,232|14,172|
|Audit/Independent||||||
|examination
fees|||1,950|1,950|1,950|
|Accountancy
and bookkeeping|||1,038|1,038||
|Consultancy
fees
Other legal and professional|||8 773|8,773||
|costs|||||4,526|
||||11,761|11,761|6,476|
##
|Akademi
South Asia|n Dance VK|||||
|---|---|---|---|---|---|
|Detailed Statement|of Financial Activities|||||
|Total ofexpenditure
costs|ofother|151,386||151,386|227,872|
|Total expenditure||162,261|209,555|371,816|363,623|
|Net gains on investments||||||
|Net income||76,225|(31,983)|44,242|15,095|
|Net income before|other|||||
|gains/(losses)||76,225|(31,983)|44,242|15,095|
|Other Gains||||||
|Net movement
in funds||76,225|(31,983)|44,242|15,095|
|Reconciliation
offunds:||||||
|Total funds brought|forward|284,509|74,069|358,578|343,483|
|Total funds carried|forward|360,734|42,086|402,820|358,578|