Barking and Dagenham Youth Dance Limited Comp<qny No. 05521243 (Engl.qnd & Wales) (A Coinpaiiy Liinited by Guarantee) Ch¢qrity No. 1113618 Financial Statements For the Year ended 31 July 2024 CONTENTS Page No l. Trustees, Report 2. Independent Examiner's Report 3. Statement of Financial Activities 4. Bal]ce Sheet 5. Notes to the Financial Statemeiits 10-13
DANCE BDYD Barking and Dagenham Youth Dance Directors Report and Accounts 31st July 2024 Barking and Dagenham Youth Dance Limited (BDYD) Trustees, Report For the year ended 31 July 2024 The Trustees, who are also Directors of Barking and Dagenham Youth Dance Limited (BDYD), present their report and tlie independently exaiiiiiied fIn]cIal statements of the charitable Company for the year ended 31 July 2024. Tlie statutory inforination is shown on page l. The financial statements Iiave been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommeiided Practice (SORP) applicable to cliarities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102 - effective l January 2019), (Charities SORP - FRS 102) and the Companies Act 2006. Status Tlie Conipany, number 05521243, is limited by guarantee and has charitable status. The Charity registration nuniber is 1113618. It has a Memorandum and Articles of Association as its governing document. Aims and Ob'ects The principal objects of tlie charity are: To maiiitain, improve and advance the education of the public in the arts generally, and in particular by the promotion and production of educational dance/drama and other aesthetic arts especially those activities which seek to Iiiake the arts relevant to the community. To provide perforn]ance opportunities for underprivileged young people irrespective of their colour, sex, religion, creed etc. thus enabling them to seek and obtain useful skills and occupation in later life. In the interest of social welfare, to provide or assist in the provision of facilities for recreation or other leisure time occupation with the object of improving the condition of life of the persons for whom such facilities are primarily intended by reason of their youth, age, infirn]ity, povety or social and economic circumstances. We deliver our aims in the folloivin Iva BDYD'S services primarily support disadvantaged young people, but also directly benefit the wider local community, including children, adults and older people. We work with a diverse group of people including women, black and ethnically diverse communities, those tackling obesity, people with disabilities, those at risk of teenage pregnancy, young offenders, those at risk of substance and alcohol misuse, the underachieving, those who are NEET and those who find mainstream education challenging. We promote equal opportunities, and promote and celebrate diversity by making our activities fully accessible and inclusive and by welcoming and respecting all participants, staff and volunteers. BDYD tackles Iinfair discrimination and breaks down barriers for people (in particular groups such as black and ethnically diverse communities, disabled people, gay men/lesbians/bisexuals, transgender people and people from different religious and faith backgrounds) by listening to what they tell us they need to succeed, and working to provide it. We deliver this in the folloivin Iva Our dance technique classes proniote a thoroiigh Iinderstanding of movement skills, which chc211enge the mind of people and help to develop Iiabits that can be applied to personal fitness. Our choreographic worksliops encourage participants to think creatively and culturally, make positil'e decisions, and create intelligent work suitc2ble for public perforn]ances' Including Borough events throiicyh our annual achievement showcase, targeted particularly at the local community. This ILads to celebratin(y
BDYD Barking and Dagenham Youth Dance Directors Report and Accounts 31st July 2024 individual and group diversity, encouraging audience/community participation, and widen the opportunities for the attendees. We offer our participants an equal platforn] to succeed in life, promote better education and learning for all, make sure that they feel valued, and are able to contribute to society, rather than being isolated. We provide a service that leads to the ability and self-belief to achieve success and ultimately understand the user's capabilities, with the aim to promote community cohesion. Our workshops and showcase are created fi'om skill-building activities and hands-on tasks, ensuring our users access effective and affirmative experiences. We produce a showcase that celebrates our users, achievements, as Ivell as engage tliem in a project that celebrates their achievements. We enibrace and celebrate different cultures, as our intentions are to enlighten, empower and release learning potential, highlighting tlie iniportance of education and eventually employment that can lead to regenerating the local community. Activities: The priiicipal activities of the charity are as follows: Saturday dance workshops for children, young people, and adults. We currently work with 250 local people each Saturday. Our award-winning Bar-Ham Leaders youth leadership programme. This youth-led project encourages young people to develop and build on their skills and qualities to take the lead in making positive change as individuals, for the good of our organisation, and for the wider community. We recognise that these are the community leaders of the future. Our aim with Bar-Ham Leaders is to support young people to create positive change in their lives and communities on the issues that matter to them. Youth Dance Instructors Course for young people aged 13-19. This course offers weekly training for teenagers to learn the skills to teach a dance class for grassroots organisations and is accredited by NCFE. Tluough our Associate membership at LBBD Community Hub John Smith House, BDYD offers wraparound provision including counselling, debt and food povety advice and signposting as well as pop up youth provision such as Sports Days, residentials and NHS recognised Youth Clinics. Public Benefit: In planning our activities for the year, we kept in mind the Charity Commission's guideline on public benefit at our trustees, meetings by researching the local community service gaps in Barking and Dagenham paying particular attention to youth services and opportunities in the arts. BDYD Ltd provides dance and arts projects, events and activities for children, young people and adults. We offer perforn]ance opportunities, training In dance career development and leadership programmes. Although we encourage our beneficiaries to opt for a donation of £3, during their weekly dance activity, those Iinable to pay are not turned away and there are no restrictions to our services. We are confident that our activities continue to fulfil the public benefit requirement of the Charity Act. Our Im act: In the year 2023/2024 we engaged willi 5000 local people by providing them with educatioiial dance and fitness sessions, youth led advocacy and leadership programmes as well mentorship projects that promoted leariiiIig for all.
BDYD Barking and Dagenham Youth Dance Directors Report and Accounts 31st July 2024 i %.u1riyF., ""prt1¢lpaj ": ' IKUiqks . pooplo ruclpjlea In>*f10T s. . frnlnln8 Summa of the main achievements durin the eriod: Despite another challenging year with funding cuts to local government and the impact of social economic factors affecting local families and young people, BDYD provided a busy and popular programme of arts, dance, culture workshops, events and activities. We targeted the hard to reach and people who are socially excluded, and promoted mental and physical wellbeing. We successfully gained NCFE accreditation for our Youth Dance Leaders programme, opening up access to an accredited Level 2 vocational qualification for young people in Barking and Dagenham. BDYD collaborated in a variety of partnership work through 2023/2024: continued working with the Barking Sports for Change funded by Mayor of London to increase our work in engaging gil.ls into physical activity. continued to award young people through our ongoing Jack Petchey Achievement Award Scheme. developed our Snack Chat programme, into Talking Circles. A safe space for young people to chat, enjoy a free snack and share. continued delivering our annual showcase at the Dagenham Park School. performances at various Youth Platforn]s, including Hackney Empire. continued to work in partnership with the John Smith House Consortium developing projects incliidinn: LBBD I-Iealth Inequalities, Positive Peers Programme and Grow Fund. Future J)lans: 'Cultural Norms?,, a new Arts Council-funded project in 2025. will empower Ioc¢l1 young people to understand better the systemic inequalities. discrimincltion and injllstices that persist cls ILgciLies of colonialism. The project will iiicliide daiice worksliops, debates ciiicl crecltive IiiutlV<1tionc21 seniinc2rs Iiith and for young people aged 14-19. Develop our NcfE Youtli Workers qualification for yoiiIig people <ige(113+ by incre<lsiiig Lohorts and securing funding.
BDYD Barking and Dagenham Youth Dance Directors Report and Accounts 31" July 2024 Develop our website to host webinars delivered by young people in 'How to create safe spaces for young people How can young people be facilitators for your organisation, with the aim to develop more youth voice opportunity's in BDYD. Th4qnk ou: BDYD would like to thank our funders: BD Giving Barkiiig and Dagenham CVS Clarions Futures Jack Petchey Foundation LB Barking and Dagenham Liglitbulb Trust London Youth Mayor of London Serpentine Trust National Lottery Community Fund ESC Lottery Barking Sport for Change Financial Revieiv: I"he Charity had total income for the year was £207,746 and total expenditure was £142,644. The net Income was £65,102. Risk Assessment and Reserves Polic The tnistees have reviewed the risks faced by the charity and have put in place systems to mitigate those risks. The main risk is with continued funding and the charity is actively making applications for funding for its projects. The trustees have reviewed the needs of the charity and as there is currently no property to deal with on a cessation the reserves are to be set at a level which would allow for the continuation of the sessions for which they are committed. This amounts to approximately 20 % of annual turnover at any given point. Trustees therefore aim to increase the charity's unrestricted reserves to this 20 % level. Reference and Administrative Information Directors (Trustees) Ivho served during the year: Sophie Mitchell - Chair / Trustee / Director Ella Louise Darlington - Trustee / Director Olivia Tamika Abaka Wood - Trustee / Director Amon Dsane - Trustee / Director Kit Dickinson - TreasLirer / Trustee / Director Georgoulla Geoi'gina Alexiou - Secretary Georgoulla Georgina Alexiou 1113618 CoIiipany Secretary: Registered Charity nuiiiber: Ilc'gistered Conipany nunil)er: 05521243
BDYD Barking and Dagenham Youth Dance Directors Report and Accounts 31st July 2024 Registei"ed Address: 18 Essex Road, Barking, Essex IGI17QL Bankers: Barclays Bank PLC Romford & Barking Group PO Box 1006 Barking Essex IGI18AT Independent Examiner: Glory Comniunity Accounting Services 318 Barking Road Plaistow London E13 8HL Trustees, Res onsibilities Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent. and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis The trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguardino the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees, who are directors for the purpose of company law and trustees for the purpose of cliarity law, who served during the year and up to the date of this report, in the case of each trustee: so far as the trustees is aware, there is no relevant audit inforn]ation of which the compcinv's auditors are unaw"e; and as the directors of the company, we have taken all the steps that we oiight to have taken iii order to make ourselves aware of any relevant audit infonnation and to establish that the charity's aucjitors are aware of that infom]ation. This Report has been prepared in accordance with the Coinpany was entitled to exeniption froiii cliIdit under section 477 of the Companies Act 2006 relating to small Conipanies. Approved by the Trustees and signed on their behalf by: (Sophie Mitchell - Cliair / DirLclorj
Independent 14 xaminers, Report to tlie Members of Barking and Dagenham Youth Dance Limited I report on tlie attaclied Financial Staleiiieiits for the year ended 31 July 2024, which are set on pages 8 to14 aiid Ii(Iiie becii prepc2red on an c2ccrual basis. Ilespective responsibilities of M<2nagement Committee and Examiner: Tlie trustees (M,ho are also tlie directors of the compaiiy for tlie purposes of compaiiy law) are responsible for tlie prepar<2tioii of tlie account iii accordance witli tlie requirements of tlie Companies Act 2006 ("the 2006 Act"). Tlie cliarity's trustees coiisider tliat c2ll cludit is Iiot required for this year under Part 16 of tlie 2006 Act and that ali indepeiideiit exainiiiation is needed It is Iiiy responsibility to: exaiiiine tlie accounts uiider section 145 of tlie Act, to follow tlie procedures laid down in tlie general Directions given by Ilie Charity Commission (under section 145(5)(b) of tlie Charities Act, aiid to state Ivlietlier particular matters Iiave coine to my attention Basis of Independent Examiner's Statement: My examination Ivas carried out in accordance Ivitli geiieral directions given by the Charity Commission. An examination includes a review of the accounting records kept by tlie cliarity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement beloiv. Independent Examiner's Statement: In coiinection with my examination, no material matters have come to my attention which gives me cause to believe tliat in, any material respect: accounting records were not kept in accordance Ivith section 386 of the Companies Act 2006; or the accounts do not accord with such records: or tlie accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that tlie accounts give a 'true and fair, vielv which is not a matter considered as part of an Independent examination; or the accounts have not been prepared in accordance with the Charities SORP (FRS102). I Iiave no concerns and have come across no otlier matters in connection witli tlie examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Hasina Jalian (DFT, M Com, MAAT, MBA) Glory Commuiiity Accounting Services 318 Barking Road Plaislow London E13 8HL Glory Community Accounting Services 318 Barking Road Plaistow London E13 8HL ,IoLIoDZ
Bai"kiiig and Dagenliam Yoiith Dance Limited Conipany No. 05521243 Cli6qrily No. 1113618 Statement of Financial Activities For the Year ended 31 July 2024 Income Notes Unrestricted Restricted Funds Funds Total 2024 Total 2023 Income from Cliaritable Activities Incoiiie from other activities 203,059 203,059 4,686 203,059 207,746 119,869 4,686 13,619 Total Income 4,686 133,488 enditure Expenditure on Charitable activities Total E.Ipcnditure Net Income / (Expenditure) Total Funds brought fonvard Total Funds carried fonvard 2,703 139,941 2,703 139,941 1,983 63,118 91,473 154,591 142,644 98,071 142,644 65,102 145,102 210,204 98,071 35,417 109,685 53,630 55,613 145,102 Tlie company made 110 recognised gains and losses other than tliose reported in the income and expenditure account.
Barking and Dagenham Youth Dance Limited Company No. 05521243 cliai.ity No. 1113618 Balance Sheet as at 31 July 2024 2024 2023 Fi.Icd Assets Notes Tangible Assets Nil 230 Cui'rent Assets Cash at Bank / in hand 214,440 149,449 Tot¢21 Current Assets 214,440 149,449 Current Liabilities Creditors: fallin(y due within one year Net Current Assets (4,236) 210,204 (4,577) 144,872 Total Net Assets 210,204 145,102 The Funds of the Charity Unrestricted Funds General Reserve Restricted Funds Total Charity Funds 30,612 25,000 154,591 210,204 28,630 25,000 91,472 145,102 For the year ended 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director's responsibilities: the members have not required the company to obtain an audit of its accounts for tlie year in question in accordance with section 476; the directors ackowledge their esponsibilities for complying with the requirements of the AL,t with respect to accounting records and the preparation of accounts; these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. Approved by th¢ Board of Trustees, and signed on their behalf by .( Sopliie Mitchell - Chair / Director) Date.......
Barking and Dagenham Youth Dance Limited Notes to the Accounts For the Year Ended 31 July 2024 l. Accounting Policies The priiicipal accounting policies adopted, judgenients and key soiirces of estimation uncertainty in tlie preparatioii of tlie financial statenieiits are as follows: la. Basis of preparation Tlie financial statenients Iiave been prepared in accordance with Accounting and Reporting by Cliarities: Stateiiient of Recominended Practice applicable to charities preparing their accounts iii accordance with tlie Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l J(liary 2019), The Financial Reporting Standard applicable in tlie UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and Cliarities Act 2011. BL2rking and Dagenhani Youtli D]ee Limited nieets the definitioii of a piiblic benefit entity uiider FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheThvise stated iii tlie relevlt accounting policy note(s). Ib. Preparation of tlie accounts on a going concern basis Barkin and DaenhaM Youth Dance Liniited has reported a Net Income of £65,087 for the year. The trustees are of the view tliat the immediate future of the Trust for the next 12 to 18 months is secure and that on this basis the charity is a going concern. The uncertain economic outlook and willingness of the trust to donate is a significant area of uncertainty which the trustees have mitigated by reviewing how the activities of the charity could be offered should funds reduce. The trustees reinain in regular contact with funders and the local authory to secure their on-going support. Ic. Income Income is recognised when the charity has entitlement to the funds, any perfom]ance conditions attached to tlie item(s) of income have been met, it is probable that the income will be received and the aniount can be measured reliably. Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to tlie funds, any performance conditions attached to the grants have been niet, it is probable that the income will be received and the amount can be measured reliably and is not deferred.Income received in advance of a specified service is deferred until the criteria for income recognition are met. Id. Funds Unrestricted fwids are available to spend on activities that further any of the purposes of the charily. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations or Ljrants which Ihe donor hasspecified are lo be used solely for paiticular purposes/areas of the charity's work or for specific projects undertaken by the charity. le.Taxation ThL cliaritable compaiiy is exeinpt froni taxatioii Iiiider sections 466 to 493 of the Corporation Tax Act 2010. 10
Barking and Dagenham Youth Dance Limited Notes to the Accounts For the Year Ended 31 July 2024 If. 14 Ipenditure aiid irrecover<qble VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a tliird party, it is probable tliat settlenient will be required and tlie amount of the obligation can be measured reliably.Irrecoverable VAT is cliarged as a cost against the activity for which the expenditure was iiicurred. Ig. Cash at bank and in hand Cash at bank and cash in hand includes cash and sliort tern] higlily liquid investments held in a bank current account. Ih. Creditors and provisions Creditors and provisions are recogiiised where the charity has a present obligation resulting from a past event tliat will probably result in the transfer of funds to a third paty and the amount due to settle the obligationcan be measured or estimated reliably. Creditors and provisions are normally recognised at tlieir settlement amount after allowing for any discounts due. li. Fixed Assets Policy All assets costing more than £150 are capitalised and valued at historical cost. Depreciation is charged from the year of acquisition on furniture and equipment on 25 % straight-line basis over theirestimated useful life. 2. Income from charitable activities Unrestricted Restricted Total Total Funds Funds 2024 2023 Grants Barking and Dagenham Giving LB Barking and Dagenham Barking and Dagenham CVS Jack Petchey Foundation London Youth The National Lottery Comm Fund Serpentine Trust Mayor of Londoii Clarion Futures Lig7htBLilb Trust ESC Lottery B.ki]ig Sport for chan(ye New Pliilanthropy Capital Ukon Careers CIC Trust for London childi.en Englaiid L M Charitable 'I'rust Total 45,135 16,253 8,349 2,100 8,210 38,513 2,134 36,642 1,000 15,000 10,260 19,464 45,135 16,253 8,349 2,100 8,210 38,513 2,134 36,642 1,000 15,000 10,260 19,464 24,170 2,581 9,265 1,900 10,600 15,282 2,000 14,415 1,000 14,080 530 17,050 1,000 5,9()6 119,86() 203,059 203,0$9
Barking and Dagenham Youth Dance Limited Notes to the Accounts For the Year Ended 31 July 2024 3. Income from otlier activities Unrestricted Restricted Funds Funds Total 2024 Total 2023 Donation / Other Iiicoine Refund 3,707 979 4,686 3,707 979 4,686 12,515 1,104 13,619 Tot,ql 4. E4 xpenditure on Charitable activities Unrestricted Restricted Total Total Funds Funds 2024 2023 Staff costs, Pensions Project manageiiient Premises costs and studio hire Tutor / Choreographers Costumes Telephoiie / Internet / Mobile Events & Activities /Theatre visit costs Heat & Light Small Equipment / hire Website / Softlvare expenses Subscriptions Support & Goveniance costs (5) Publicity Transport / Parking fee Refreslunents Insurance Postage / Printing /stationery Future MOLDS Pi'oject Researcli Trainin(y DBS Check Disposal of Fixed Assets Bank charges Sundry expenses Depreciation expenses Total 40,442 2,816 7,193 23,227 9,511 831 15,706 825 130 39 7,893 40,442 2,816 7,193 23,227 9,511 831 15,706 825 130 39 7,893 2,117 589 692 867 640 2,931 21,772 3,656 180 305 230 30,833 7,618 6,431 16,874 8,425 948 14,564 1,211 454 281 1,956 1,983 1,540 608 1,581 501 1,485 2,117 589 692 867 640 2,931 21,772 3,656 180 305 230 69 47 47 175 534 98,071 2,703 139,941 142,644 i?
Barking and Dagenham Yoiith Dance Limited Notes to tlie Accounts For the Year Ended 31 July 2024 5. Support and Governance Costs Unrestricted Restricted Funds Funds Total 2024 Total 2023 Bookeeping fees Payroll expenses Independent exaniination Legal fee Total 780 440 850 47 2,117 780 440 850 47 2,117 720 410 800 53 1983 5.1.Trustees expenses A trustee was paid for services siipplied to the cliarity for project management. These amounted to £ 2,816 for one trLlStees) 6. Creditors& Accruals . Amounts fallin% due witliin a year Total 2024 Total 2023 Independent Examiner's fee Bookkeeping charges The National Lottery Comm Fund Total 850 330 3,056 4,236 800 720 3,056 4,576 13