Stopgap Dance Company Report and Flnanclal Statom•nt• Year Ended 31st Mah 2025 Company Number: 5793989 Charlty Numb•r. 1116776 C O M PA N Y Frdnk S Lachman 31 Falrview.W•y Edgware Middlesex HA8 8JH AEHM4R5M 1711212025 COMPANIES HOUSE
172 |
Stopgap Dance Company Company Llmited by Guarantee Trustees Annual Report Year ended 31st March 2025 The trustees, who ar.e also directors for the purposes of the Companies Act, have pleasure in presenting their report and the financial statements of charity for the year ending 31 st March 2025. Reference and admlnl8trntlv• detall¥ Charity Number 1116776 Company Number 5793989 Principal Office.. Farnham Maltings, Bridge Square. Famham, Surrey, GU9 7QR Bankers.. The Co-operative Bank p.l.¢ PO Box 101, Balloon Street. Manchester M60 4EP Exaiviiner Frank Lachman 31 Fairview Way, Edgware. Middlesex HA8 8JE Directors and Trustees The board of Trustees at the date of this report were: Jane Hackett Co-chair Suzanne Birchwood Ctrchair Vicki Balaam Sarah Pickthall Colette Stocks Abigail Reeve Rita Chowdhury Eve Mitch811 Resigned 22nd September 2025 No directors received any ernolumenls for so acting during the year. Structure, Govemance and Management Govemlng document Stopgap Dance Company. Ltd is a company limited by guarantee governed by its Memorandum and Arlicles of Association dated 25th April 2006 and updated on 1 Oth December 2019. There are currently 28 members of the Company each of whom agree to contribute £1 in the event of the company winding up. Recruitment and Appointment of new Trustees All twslees are identified and nominated by Ihe existing trustees. The chaii of the board of trustees is nominated by Ihe board of truslees. Trustees are invited based on their working expertise and experiences, and their background. One third of trustees stand down in rotation at Thé Annual General Meeting and are eligible for re-election unless it is decided that a vacant office will not be filled. Trustee5 Induction and training New truslees are invited lo observe meetings, meet the management'leam, see the company perform and are inviled to loin the board. following a trustee vote. The company has a Iruslee code of conduct and job descriptions for the roles of chair and trustee. New board members follow an induction programme assisting them with their understanding of the organisations charitsble activities and programmes of work. Page 1
Stopgap Danco Company Company Limited by Guarantee Trustees Annual Report Y•ar ended.31st March 2025 Organisation The governing body of Stopgap Dance Company is the board of trustees whose members are non-executive and unpaid. The Board of Trustees, which can havè up to eleven rnembers administer the organisation. The l)oard meets quarterly and the members annually at the AGM. The board of truslees make major strategic decisions and have responsibility for the business and financial perfonnance of the charity. The board of trustees support the management team of Artistic Directors, Lucy Bennett and Laura Jones. and Executive Producer. Lucy Glover, lo manage the day-ltrday operations and planning of the company. The Artistic Directors and Executive PrQdurr attend meetings of the board of trustees and the Annual General Meeting. Rolatod Partl9• The main funder, Arts Council England (Charity registration no. 10367331 has a close relationship with Ihe company. providing core funding for the artisti¢ prograrnme and running costs, and it occasionally provides one-off lottery funding for specifi¢ projects. The Arts Council has no Control or voting rights over the company. Rl8k Management The management team undertake a robust pro$$ ol business risk assessment al regular intervals, and report any Identified risks lo the board of Iruslees at the Finance and General Purposes SU¢0MmIttee meetings with headline risks reported'to lh8 board at Iruslee meetings. The Finance and General Purposes subacommittee closety fflonitor, review and manage these risks al regular intervals. Currently identified main areas of risk are.. environmental.. economlc and political change, people.. succession planning, and cornpliance.. expertise in law and regulation. ObJectlve• and actlvltl The trustees confimi that they have complied with their duty to have due regard to the guidance. as laid out by the Charlty Commission, on public benefit when reviewing the charitvs aims and objectives, planning future aclivilies and in the exercisin9 of powers. Slopgap is an inclusive contemporary dance company with disabled dancers and non-disabled dancers working together. Slopgap delivers dance Workshops, CPD tiaining, advocacy lor the dance sector, organisalional change training, and performs in the UK and abroad, it also runs an inlen5ive Individualised training programme lo develop the next g8neration of inclusive dance leaders. The objects of the company are: To advance education for the public benofrt by Ihe promolion ol the arts. in particular but not exclusively Ihe art.of dance. The objects and mission of Ihe company are developed and demonstrated throughout Stopgap's work and are'driven by a commitment to use dance as a movement for change. The compatty's mission is to create an inclusive world where diversity is not just aepted but pursued. a world where no one. is Ilmiled by prejudice against Deaf, Oi$abl8d or neurodiveTgeni people. Stopgap is a global leader in the area'of disability acSS in dance and the cornpany continuously examines best pradice to enhance its work. The company is an adive advocate in the dano industry, and for broader society, to become more inclusive. In Ilne with the Company's misslon the main objectives of the rnPany continue to be the promotion of dance through education. workshops and dance performances on a global scale. Educational outreach work undertaken by the company includes.. continued professional development training for teachers, dancers and choreographers. student placements; advocacy. consultancy and access training. These activities further the reach of Stopgap's ch'aritable activities to larger and more diverse communities and sectors. Page 2
stopgap Dance Company Company Llmlted by Guarantee Trustees Annual Report Year ended 31st March 2025 About Stopgap Dance Company Stopgap Dance Company is driven by a diverse creative team who uses dance as a movement for change. Our mission is to create an inclusive world where diversity is not jusl accepted but pursued, a worfd where no one is limited by prejudice against Dldeaf. disabled, or neurodivergent people. Working with an artform shaped by human touch and energised by Ihe spark of connectivity. our productions demonstrate the compelling power of diversity and inclusivity. We move together to create a remarkable experience Ihal transforms society's perceptions ol difference and dismantle the inequity of privilege, In dance and in all aspects of living, collaborating. and creating together as humans. Our work is both focused.on and born out of the company's rigorous investment In 8quTrty and inclusiv8 culture. We are comrnilted.to removing barriers to dance, nurturing the talents of dancers born into any body and any mind. We are in Coalition with a wave of organisations moving towards a better fepresentation of diversity on our stsges. We are a global leader ol dlsability access in dan and continuously exarnlne best practice. We actively advocate for the industry and the wider world lo become more inclusive. Colhairn, Ststsmont As Co-chairs il has been a deligm to support Stopgap Dance Company through the 2024-2025 plannin9 period and it Is wilh great pleasure thal the accounts can be presented, following what has been anolher extremely successful year for the organisation. This year saw a further embèdding of the company's co-lèadership model, with Lucy Bennett and Laura Jones solidifying their roles as C¢>Artistic Directors and Lucy Glover crafting the re•slructured role of Executive Producer. always with an eye to the future development of the organisation and rts voice artislically and as an advocacy organisation. Stopgap is'grateful to continue lo receive support from Arts Council England and this ongoing funding. along wlth the strengthened voices in the leadership team, allowed the company to premiere ils most ambitious work to dale, Lived Fiction, to nalional and inlernalional critical acclaim. Alongside Lived Ficlion., Stopgap was also invited lo perform at a number of high- profile events, which c¥)nlinued to drive new audiences to the Company's work and saw a total audience exceeding 2.2million experience the company either live'or via broadcasl. Alongside the exceptional stage production work there Continues to be increasing demand for Ihe company's outreach and education work, cementing Stopgap's position as innovators and globalleaders within indusive dance and dance education. HSghllght• and summary of 8uc¢•$i Include: Premiere and tour of new production; Lived Ficllon", with the performance at London's Southbank Centre receiving multiple 5-slar critical reviews A total of 39 in person performances were presented in 16 location5 across Europe and 5 broadcastslscreenings of. P8rformances shown in 5 locations across Europe and ltte USA Stopgap performed at the Wembley OVO Arena as part of the televised °National Lottery New Yearfs Eve Big Bash., watched by over 2 million people 356 Outreach and Education workshops were delivered to 4,083 people, where more than 500/0 of participants identrfying as having a disability Page 3
Stopgap Dance Company Company Llmlted by Guarantee Trustees Annual Report Year ended 31st March 2025 A further 465 people (39% of whom identified as having a disability) took part in the inclusive dance teacher training programme 'Seedbed' and 24 dance educators comp'leted the inclusive dan syllabus 'lRIS' The company provided meaningful work for 58 individuals with employment or freelance contracts; 50% of which identified as Deaf. Disabled, neurodivergent, or living with a long-temi health condition A successful inaugural year of the groundbreaking professional development programrne Future Leaders, was completed, wth both of the first year's Future Leaders moving on to furthèr employment within the sector Disabled dancer and choreographer Nadenh Poan received his first commission from Unlimited to develop a full- length work for touring to small-scale theatres. Entitled Reflections, it is inspired by Nadenh's journey from Cambodia to Aldershot 'Open Dialogo, entered its second edition - a bilateral international exchange project to support best practice in dance and disability beeen England and Italy. Commissioned by Arts Council England, the Italian Ministry of Culture (The Performing Arts department), the lialian Cultural Institute of London and the British Council The Inclusive Dance NPO Working Group. co-founded by Candoco, Corali, People Dancing, Stopgap and Tin Arts, advanced its groundbreaking research into the barriers to progression and employment in dance for Disabled people, with findings set for publallOn in 202512028 Stopgap continued to develop and solidify its partnerships across the sector including a professional placement opportunity with the Northern School of Contemporary Dance., hosting a graduate from University of Surry for 3 months work experience, and training and targeted dance and movement inits'atives for young people and the wrder workforce with Dance Hub Crawley The company continues to over-achieve against financial targets with the Creative Leaming strand excee(Sing training programmes income targets by 1450h. Financially. the position reflects the successful year the company has had Vth an income of £924,086. Approved reserves have grown in line with the growth of the company, totalling three month's running costs, providing a safety net as the company grows. Ongoing core funding from Arts Council England has underpinned investment into Lwed FKtion, Naden Poan's new commisslon Renectlons , as well as the sector-leading Future Leaders programme. These initiatlves allow Stopgap to further strengthen its offer and r•a¢h more diverse audiences In the UK and internationally. Plans for the future Plans for the future with Stopgap are always exciting an'd rt is expected that 202512026 will ba another year full ol perfomiance and educatlon work across a variety of plattorms and locations. 202512026 wll see LNed Fiction continue to tour nationally and intemationally, expanding into new locations for the company. including Asia. The first outdoor touring yrk created by Senior Dance Artist, Nadenh Poan, will be premiered, followng a comrni5sion from Without Walls - embarking on an outdoor tour across the UK and Europe. Further artistic collaborations are planned including with Japanese dance artist Yukio Suzuki for a new project entitled Beyond! and with the BalletBoyz for their new feature film production, England on Fire. (the Work) . Page 4
Stopgap Dance Company Company Limlted by Guarant•e Trustees Annual Report Year ended 31st March 2025 Open Dialogo continues until 2026, furthering the close collaboration with funding partners as well as deepenin4 cultural exchange in both England and Italy. Future Leaders vlill also continue until 2027. building pathvrdys for Disabled leaders in the arts sector who are currently significantly underrepresented. In addition lo this targeted programme Stopgap remains committed to offering various work experiences and placements for undergraduate and post-graduale students. supporting pathways into the sector. 25126 will see an expansion of this by partnering with Artswork Breakthrough programme, providing 6-month paid internship to a young adult (18-25yrs) who faces barriers to meaningful employment. Stopgap continues to see demand increase for its broader training offers and will continue to offer a portfolio of opportunities including.. Disability Confidence; Access Consultancy,. Creative Access,. and Neurodiversity.. An introduction. A new offering to the training portfolio. K8leitYoscope, %4ry11 explore embedding creative access within productions., led by Lucy Bennett, Co- Artistic Director and Lily Norton, Access Artlst. Stopgap's youth groups across Surrey and Hampshire, vthich provide regular Inclusive dance dasses for young people facing systemic barriers, continue to remain a core part of Stopgap's work. 75Q/o of the young people taking part identify as having a disability, and all participants face inequities of opportunity to participate in activities that promote social cohesion. Through the year, the eight groups will have the opportunity to perform al local cornmunily evenls as well as at the Stopgap Winter Plafform Showcase in December 2025, on the company's home stage at Famham Maltings. As demand for experienclng Stopgap's unique way of working grows, the company members and dance artlsls trained in Stopgap's inclusive practice methodologies will continue lo deliver outreach workshops acros5 the UK and Internationally, 8UPPOrting the development of the next generation of Disabled artists and leaders. As CchaIrS are excited to see the impact that Stopgap can continue to make on participants, audiences, decislon makers and the wider dance sector. Stopgap believes that dance is a movement for change, and this coming year v4111 continue to deliver that vision. Re$•rves Pollcy Stopgap Dance Companvs reserve in 2024-25 were £528,815 (of which £220,000 is contingency reserve) meeting the Board's target for this financial year. This amount is deemed appropriate for the organisation as per the revised Reserve Policy Publlc B•n•flt The Trustees confirm that In complllng thls report they have had due regard to the guidance on publlc benefit Issued by the Charity Commission in compliance wth the duty set out in section 4 of the Charities Act 2006. Dlrectorfs R•8ponslbllltlo# Company Law vthich is also applicable to charitable companies in England and Wales réquires the directors, who are also trustees of the company, to prepare financial statements for each financial year which give a true and fair view of the. state of affairs of the company and of the results of the company for that year. In preparing those financial statements, the directorsnrustees are required to.. select.suitable accounting policie5 and then apply them consistently.,. observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prudent., and state whether applicable UK accounting stsndards have been followed, subject to any material departures disclosed and explained in the financial statements.. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company wll continue in business. The directorsltrustees are responsible for keeping proper accounting records which disclose wth reasonable accuracy at any time the financial position ol the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are aso responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularits'es. Page 5
Stopgap Dance Company Company Llmlted by Guarantee Trustees Annual Report Yoar end¢d 318t March 2025 In accordance with company law. as the compansls directors we certify that: .So far as we are aware there Is no relevanl forMation of which the company's examiner Is unaware.. As the directors of the company we have taken all the steps that we ought to have taken in order tp make ourselves aware ol any relevant information and to establish that the company's examlner are aware of that infomation. Golng Concern The trnstees confinn that in théir opinion it is appropriate to prepare these accounts on a going concem b8Si$ ". The trustees also confim that In thelr oplnlon the charity wlll be able to contlnue to operate for at least 12 months from the date of Ihis report. Ind•pendent Examln•r A resolution will be proposed at the Annual Gènèral Meeting thal Frank Lachman be re-appointèd as Independent Examiner to the charity for the ensuring year. The financlal stat8m8nt$ comply ¥th the Charities Act 2011, the Companies Act 2006. the Memorandum and Articlesof Assouatlon, and Accounting and Reportlng by Charities.. Statement ol Recommended Practlce applicable to charities pparing their accounts in accordance with the Financial Reporting SlandaTd applicabl8 in the UK and Republic of Ireland (FRS 102} leffectNe 1 January 2022). By order of the dlrectors Jane Hackett Co-chalr Suzanne Blrchwood -Co•Chalr Dated 8th December 2025 g . Page 6
Stopgap Dance Company Company Limited by Guarantee Year ended 31st March 2025 Independent Examinerfs Report on the Accounts I report lo the chanty trustees on my examination of the accounts of the Company for the year ended 31st March 2025 which are set oul on pages 810 16 . Responsibilities arid basis of report As the charity's trustees of Ihe Company (and also tts direclors for the purposes of company law) you are responsible for the prèparalion of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'>. Having satisfied myself that Ihe accounts of the company are not required to be audited under Part 16 01 the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity, accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act.). In carrying out my examinalion I have followed the Directions glven by the Charity Commission under section 14515)(bl of the 2011 Act. Independent examiner's report Since the company's gross income exceeded £250,000 your examiner must be a membèr of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies. I have completed my examination. I confirm that no rnatters have come to my attenkn'on in connection with the examinalion giving me cause to believe.. (1) accounting records were not kept In respect ol the fflpanY as required by section 386 of the 2006 Act., or j2) the accounts do not accord with Ihose accounting records; or {3) the accounts do not comply with Ihe accounting requirements of section 396 of the 2006 Act olher Ihan any requirement that the accounts give a 'true and fair, view which is not a matter Colrdered as part of an independent examination- or (4) the accounts have not been prepared in accordance wilh the methods and prlnciples of the Slalemenl of Recommended practi for accounting and repoTts'ng by charities appli¢able lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and hav8 com8 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. Frank S La¢hman FCA Member Instilute of Chartered Accountants in England and Wales Chartered Accountant Independent Examiner 31 Fairview Way Edgware HA8 8JE. Dated: 8th Decemb8r 2025 Page 7
stopgap Dance Company Company Limited by Guardntee Statement of Financial Activity For the Year Ended 31st March 2025 ,Unrestrlcted Resblctsd Total Funds Funds Funds 2026 Total Funds 2024 Noto Income Voluntary income 486,800 486,800 513,675 Investment income 8,531 8,531 6,380 Charitable activities 354,090 74.665 428.755 478.155 Totsl Income 849,421 74,665 924,086 a98,210 Expendltur• Charitable activity $1$ 785,617 74.665. 860,282 859.283 Total expendlture 785,617 74,e65 860,282 859,283 N•t Incom•l•xpondlture 63.804 63,804 138.927 Reconcillatlon of fundg Total funds brought forward 465,011 485.011 326,084 Tolal funds carrled forniard 11 528.815 528,815 465.011 The slatemenl of Financial Activities includes all gains and losses recognised in the year All income and expenditure derive from contlnuing actlvities. Page 8
Stopgap Dance Company Company Liinited by Guarantee Balan¢e Sheet For the Year Ended 31st March 2025 Note 2025 2024 Fixed assots Tangible Assets 4,206 3,665 Current assets Debtors 127,675 .61,353 Cash at bank and in hand 456,546 465,102 Total current a88ets 584.221 526.455 Curront Ilabilltles Creditors - amounls falling due within one year 10 59,612 65.109 59,612 65.109 Net current a¥•ets 524,609 461,346 Net assets 528,815 465,011 The fund• ol the charlty Unrestricted 11 528,815 465,011 Total charlty funds 528,815 465.011 For the year ended 31 March 2025 the company was entilled to exemption under section 477(2) of the Companies Act 2006. No members have required the company to obtain an audit of ils accounts for the year in question in accordance with section 476 of Ihe Companies Act 2006. The directors acknowledge their responsibilily for.. i. ensuring the company keeps accounting records which comply with section 386: and ii. preparing accounts which give a true and fair view of the state of affairs of the cornpany as at the end of the financial year and of its profil and loss for the financial year in accordance with the section 393, and which otheIS? comply with the requirements ol the Companies Act relating to accoknnts, so far as appllcable to the company.. The accounts have been prepared in accofd3nce with the special provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company Approved by the directors on 8th L)ecember 2025 , and signed on theiT behalf by Jane Hackett Director and Co-chair Suzanne Birchwood Director and Co-chair S . E)ifQWwoJQQ 06li212S Page 9
Stopgap Dance Company Company Llmited by Guarnntee Balance Sheet For the Year Ended 31st March 2025 Cash Flow Statthent for the year ended 31st March 2025 2025 2024 Net income for the reporting period 63,804 138.927 Purchase of fixed assets (3,542) (3,098) 4,716 Depreciation 3,001 Interest received (8,531) {6,380) {Increaseldecrease in debtors (86,322) 2,597 Increas•l{Decrease) in creditors (5,497) 47.306 Net cash flow from operating activities 17,087 184,068 Cash flows from investing activities Interest 8,531 6,380 Net cash provided by investment activities 8,531 6,380 Change in cash at bank in the reporting period (8,556> 190,448 Cash at bank at the béginning of the reporting period 465,102 274,654 Cash at bank at the end of the reportlng period 456.546 465,102 Page 10
Stopgap Dance Company Company Limited by Guarantse Notes to The Financial Slatements For the Year Ended 31st March 2025 1 Accounting Polices la) The financial statements have been prepared in a¢¢ordan¢e with Ac¢ountin9 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2022) - (Charities SORP {FRS 102)), the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Stopgap Dance Company ffleets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise staled in the relevant accounting policy note(s). Ib) Tangiblè Fixed Assets Dépreciation is provlded at rates calculated lo write off the cost of each ass81 over ils expected uselul life, as follows.. Fixtures, fittings and computers Dance flooi 250A straight line 200A straight line Fixtures, fittings. and computers purchased for less than £5(Kl are wrfften off as an expense. 1¢> Income Income is recognised when the charity has entillernent to the fund5, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reli'ably. Income from grants, whether capital or revenue grants, is reco9nised when the charity has entitlement to th8 funds, any performance conditions attached lo the grants has been met. it is probable that the income will be received and the amount can be measured reliably and is not delerred. Idl Expènditufè All expenditure is accounted for on an accruals basls. Expendllure Is recognlsed once there is a legal or constructlve obligation to make a payment to a third party. It is probable that settlement will be required and Ihe amount ot the obligation can be measured reliably. Costs aTe allocated to a category either because such costs are dlrectly incurred in relation to such category, or because they are support costs in respect of which an apportionment has been rnade belween the categories. Support costs consist of infrastructure costs for salaries. premises, offic8 administration, Such costs are apportloned on a reasonable and consistent basis to the various categories with a view to detemiining. a5 accurately as possible, the lolal resOUrS expended.for each category. The basis of apportionment used is either a function of staff time applied to given activity. or an estimate of the proportion of costs a550cialed wrth the same. or a combination of both. Dired and Support costs are separately shown by natural classification in Note 5 to these accounts for each category of cosl. Page11
stopgap Danc• Company Company Limited by Guarantee Nol•s to The FlnancSal Stat•menl8 For the Year Ended 31st March 2025 lel Taxatlon The MpanY as a registered charity I number 11167761 1$ exempt from tsxation on most investment ncome Insofar as il is applied for charllable purposes. The company Is al80 exempt from taxation on capital gains. lfj Debtorn Trade and olher debtors are recognised at the Settment amount due after any trade discount offered. Prepayments are valued'at the amount prepaid.nel of any trade discounts due. (g) Cr•dltorn and provl•lo Creditors and provisions are recognlsed where the charlty has a present obligation resulting from a past evènt that will probably resull in the Iransler of funds lo a third party and the amounl due Iors8ttle Ihe obligation can be measured or eslimaled reliably. Creditors and provi8iong are normally rncognlsed at their settlement Jmounl aftof .allowing for any trade discounts duo. 2 Voluntary Incom• U$e of Office space was provided free ol charge at The Famham Mallings. Thi$ donation had a value of £16.000 for the year. Services were provtded Iree of charge by Google Ads. This donation had a value of £8,000. R•h•ars81 $pa¢• w85 provided frno of Charge by various Inslilulions. Thi$ had a valu• of £10.800. Unrostrlctad Fund• Unrestrlcted Fundj 2026 2024 Grants for General Runnlng Costs Arts Council ol England 450.000 .450.000 289,244 450,000 In-kind from Famham Maltings In-kind liom Google Ads In-klnd from variouis In$tllution$ 18,000 8,000 10.800 18,000 8,000 10,800 16,175 35,000 12,500 16,175 3S,000 12,500 486,800 486,800 352,919 513,675 Page 12.
Stopgap Dance Company Company Limited by Guarantee Notes to The Flnanclal Statomonts F.or the Year Endod 31st March 2025 3 Income from charitable activilies Rmtrlcted Unrestrictad Funds Funds Restricted Unrnstricted Funds Funds 2025 2024 Grants and donations British Council - Leche Trust - Access lo Work Donations and fundraising 8,772 8,772 2.000 122,962 947 2,000 122.962 74,865 74,665 1,318 1,318 947 74.665 1,318 266.987 85,785 75,983 266,987 85,785 124,962 9,719 250,614 92,860 134,681 250,614 92,860 Fees, commissions, hires & mlsc Income Theatre Tax Relief 74,665 354,090 428.755 124,962 353,193 478,155 S Not incoming Resources Net (outgoing>lin¢oming resources are stated after tharging.. 2025 2024 Dtpreciation of tangible assets Examinerfs fee 3,001 2,500 4.716 2,500 Page 13
Stopgap Dance Company Company Limited by Guarantee Notes to The Financial Statements For the Year Ended 31st March 2025 6 Charitable activlty Costs Charitabla Charitable Activity Activity Govemance Fundraising Support costs Costs Costs Costs Costs Unrestricted Restrlcted Unrestricted Unreslricled Total 2025 Marketing and publicty Production costs Education expenses Touring costs General Wage& Employers National Insurance Pension conlributs'ons Operational admin costs Artist Development In-kind Farnham Mallings In-kind Google Ads In-kind Rehearsal Space Total 2025 10.358 10.358 85.304 97,328 25.398 450,885 40,724 10.465 53.724 49.296 18.0(M) 8.0 10,800 860 282 43,103 42.201 97.328 25.398 315,620 45.088 40.724 10.465 53.724 49.296 31,562 27.053 31.562 18,0 8,OCKI 10.800 617,347 209 655 74,665 Charitable Charitable Activity Activity Govemance Fundraislng Support costs Costs Costs Costs Costs Unreslricled Restricted Unreslricted Unrestricted Total 2024 Marketing and publicity Production costs Education. expenses Touring costs General Wages Employerfs National Insurance Pension contributions Operational admin costs Artist Development lTrkind Famham Maltings Inknkind Google Ads InTrkind Rehearsal Space Total 2024 4,022 4.022 123.090 120,770. 34.917 425.179 27,111 9,197 41,703 9.619 16,175 35,000 12,500 859,283 2,000 121,090 120.770 34,917 178,916 122,962 25,510 97,791 27,111 9,197 41,703 9,619 . 16.175 35.000 12,500 519,368 91,652 124,962 2S,5I0 97.791 7 Employees 2026 2024 2025 2024 Wages, salaries and fees Social security costs Pension contributions 450,885 40,724 10.465 425,179 27,111 9.197 Management. Other 15 502,074 461,487 24 19 We have seen an increase this year, with advice from HR consultant Croner we have moved freelance Daft Artists from a Contract for Services basis lo a PAYE Worker Contract. With the departure of Charlotte Mackie we recruited Olivia Tetlow as Head of Operations which tskes this years figure to 9 but materially was not an increase in Management only a change within the role.. No employee earned mor8 than £60,000 during the year {2024 Nil) . Page 14
Stopgap Dance Company Company Llmited by Guarant•e Notes to The Financial Statements For the Yèar Ended 31$t March 2025 Tanglble Flxed Assets Computer and Fixtures Total Cost At 31st March 2024 Disposals Additions 21,048 21,048 3,542 3,542 At 31st March 2025 24,590 Deproclatlon At 31st March 2024 Disposals Charge for the year 17.383 17,383 3.001 3,001 At 31 st March 2025 20.384 20.384 Net Book Values At 3151 March 2025 4,206 At 31st March 2024. 3.665 3,865 9 Debtor• 2025 2024 Trade debtors PTepaymenls and accrued income 41,916 85.759 8,041 53,312 127,675 61,353 10 Creditorn - Amounts falllng due wlthln one *r 2025 2024 Trade creditors Social Security and other Taxation Arual$ and Advance funding 8,610 17,118 33.884 9,703 10,237 45,169 59,612 65,109 Page 15
Stopgap Dance Company Company Llmlted by Guarantee Notes to The Flnancial Statements For the Year Ended 31st March 2025 "11 Reconclllation Of Movement In Funds Balance at 31 March 2024 8alance at 31 March 2025 ' Income Expenditure Transfers Restricted Funds Income 74,665 74.665 99,000 .99,000 Unrestricted Funds Designated General 345,011 849,421 120,000 785.617 (199,000) 209,815 100,000 220,000 465.011 924,086 860,282 528,815 The above funds comprise.. Contingency Reserve { 3 nionths operatlng, Deslgnated. Unrestricted) Productions (Designated, Unrestricted) Future Leaders (Dersignated, Restricted) Organisational Development (Designated, Unrestricted) 220,000 150,000 99,000 62,701 531,701 12 Analysls of Net Assets botw•en Fund8 Tangible Fixed Assets Net Current Assets Total 2025 Total 2024 Restricted Funds Unrestricted Funds., Designated General 99,000 99,000 4,206 205,609 209,815 220,000 220,000 465,011 4,206 524.609 528,815 465,011 13 Trustees During the year. none of the trustees received any remunerats'on from the trust and no expenses were reimbursed to any of them. Page 16