# ## |||Page|| |---|---|---|---| |Report ofthe Trustees|I|to|5| |Independent
Examiner's
Report|||| |Statement ofFinancial Activities|||| |Statement ofFinancial
Position|||| |Notes to the Financial Statements|9|to|I5| |Detailed Statement ofFinancial Activities||16|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |management
team and Tru|management
team and Tru|management
team and Tru|management
team and Tru|stees.|stees.||||| |---|---|---|---|---|---|---|---|---|---| |The Charity Commission||||were made aware ofthe charity's
challenges||with fundraising
and the|departure
ofthe|previous|| |management|team.||||||||| |Despite these||struggles,|in 18 months
we delivered
both online
and|||face to face services
with|increasing
demand,||that| |reached over|5,000people.||||||||| |Actions that wem taken|||to|stabilise the charity were:|||||| |2020 - 2021|||||We secured emergency
/ pandemic|funding to build stability|and redesign our||| ||||||services from face to face delivery|to online
delivery. We spent time redesigning|||| ||||||our inclusive
dance sessions, designed a library ofon demand dance videos,||||| ||||||converted our inclusive
instructor|course to be delivered
online, delivered|||| ||||||inclusive
dance days, and began a|project to understand
how|we costed our||| ||||||services.||||| |April 2021|||||We agreed a new strategic direction to try to grow the charity. .||||| |Autumn
2021|||||Implemented
a new financial
management
system to better track our costs and||||| ||||||move us towards a minimum offull cost mcovery for every||service and accurate||| ||||||cashflow tracking.||||| |March 2022|||||Put in place an interim CEO (with|the agreement ofthe Charity Commission)|||| ||||||who focused on bringing
the charity back to a stable state and focused on||||| ||||||bringing
in income.||||| |From June 2022|||||Started to look for ways toreduce|our costs and ensured
that|we put the right||| ||||||level ofcosts in our fundraising
bids to cover infrastructure||costs (at least full||| ||||||cost recovery).||||| |June - August||2022|||Brought in a fundraising
consultancy
to help the team to fundraise
with new types||||| ||||||offunders and develop their skills|to fundraise
better.|||| |Sept 2022 to||May 2023|||Built a new fundraising
pipeline and sent many applications||to funders.||| |Dec2022|||||Delivered a significant
fundraising|campaign
viajust giving.|||| |Despite
the|charity's||best efforts,||we were unsuccessful
within
the|available
time. We had|seen some positive||signs| |recovery, but||ran out of money before they stabilise the charity.|||||||| ## ## ## ## ||||||Period|| |---|---|---|---|---|---|---| ||||||1.8.22|| ||||||to|Year Ended| ||||||26.10.23|31.7.22| ||||Unrestricted|Restricted|Total|Total| |||Notes|fund
f|fund
f|funds
f|fundsf| |INCOME|AND ENDOWMENTS FROM|||||| |Donations|and legacies|3|38,701|50,325|89,026|91,616| |EXPENDITURE ON||||||| |Charitable|activities|||||| |Charitable
activities
Provision ofpara dance sport activities|||11,437
89,977|11,360
78,471|22,797
168,448|101,987
162,155| |Total|||101,414|89,831|191,245|264,142| |NET INCOME/(EXPENDITURE)|||(62,713)|(39,506)|(102,219)|(172,526)| |RECONCILIATION OF FUNDS||||||| |Total funds|brought
forward||71,641|68,825|140,466|312,992| |TOTAL FUNDS CARRIED FORWARD|||8,928|29,319|38,247|140,466| ## ## ||26OC|TOBER 20|||| |---|---|---|---|---|---| |||||26.10.23|31.7.22| |||Unrestricted|Restricted|Total|Total| ||Notes|fund
f|fund
f|funds
8|fundsf| |FIXED ASSETS|||||| |Tangible assets|7||1,222|1,222|2,321| |CURRENT ASSETS|||||| |Debtors|8|1,320||1,320|7,685| |Cash at bank||12,848|28,096|40,944|147,746| |||14,168|28,096|42,264|155,431| |CREDITORS|||||| |Amounts
falling due within one year|9|(5,239)||(5.239)|(17,286)| |NET CURRENT ASSETS||8,929|28,096|37,025|138,145| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||8,929|29,318|38,247|140,466| |NET ASSETS||8,929|29,3IS|38,247|140,466| |FUNDS|10||||| |Unmstricted
funds||||8,929|71,641| |Restricted funds||||29,318|68,825| |TOTAL FUNDS||||38,247|140,466| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATI|ONS
AND L||EGACIES||||| |---|---|---|---|---|---|---|---| |||||||Period|| |||||||1.8.22|| |||||||to|Year Ended| |||||||26.10.23|31.7.22| |||||||6|f| |Donations
Gig aid||||||89,026|83,376
2,060| |Legacies|||||||6,030| |Grants|||||||150| |||||||89,026|91,616| ||||Unrestricted|funds|Restricted funds
Total||funds 2023| ||||||||f| |Donations|and legacies|- unrestricted||35,369|||35,369| |Donations|and legacies|- restricted|||50,325||50,325| |Income from charitable|||activities|3,332|||3,332| |||||38,701|50,325||89,026| ||||Unrestricted|funds|Restricted funds
Total||funds 2023| ||||||f||f| |Donations|and legacies|- unrestricted||10,240|||10,240| |Donations|and legacies|- restricted|||73,136||73,136| |Income from charitable||activities||2,060|||2,060| |PDUK Training courses||||6,030|||6,030| |Bursaries||||||150|150| |||||18,330|73,286||91,616| |Grants received, included|||in the above, are as follows:||||| |||||||Period|| |||||||1.8.22|| |||||||to|Year Ended| ||||||26.10.23||31.7.22| |Other grants|||||||150| ## ## ||||Period|| |---|---|---|---|---| ||||1.$.22|| ||||to|Year Ended| ||||26.10.23|31.7.22| ||||f|f| |Depreciation|- owned|assets|1,099|824| ## ## |There
were
no
trustees'
expenses
paid
for the
period
ended
26 October
20
31July 2022.|There
were
no
trustees'
expenses
paid
for the
period
ended
26 October
20
31July 2022.|There
were
no
trustees'
expenses
paid
for the
period
ended
26 October
20
31July 2022.|There
were
no
trustees'
expenses
paid
for the
period
ended
26 October
20
31July 2022.|23
nor
for the|year
ended| |---|---|---|---|---|---| |COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||| ||||Unrestricted|Restricted|Total| ||||fundf|fund
f|funds
f| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies|||18,330|73,286|91,616| |EXPENDITURE ON|||||| |Charitable
activities|||||| |Charitable
activities|||35,628|66,359|101,987| |Provision ofpara dance|sport activities||1,276|160,879|162,155| |Total|||36,904|227,238|264,142| |NET INCOME/(EXPENDITURE)|||(1$,574)|(153,952)|(172,526)| |RECONCILIATION|OFFUNDS||||| |Total funds brought
forward|||90,215|222,777|312,992| |TOTAL FUNDS CARRIED FORWARD|||71,641|68,825|140,466| ## ## |7,|TANGIBLE FIXED|ASSETS|||| |---|---|---|---|---|---| ||||||Plant and| ||||||machinery
f| ||COST||||| ||At I August 2022 and|26 October 2023|||4,840| ||DEPRECIATION||||| ||At
1 August 2022
Charge for year||||2,519
1,099| ||At 26October 2023||||3,618| ||NET BOOK VALUE||||| ||At 26October 2023||||1,222| ||At 31 July 2022||||2,321| |L|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |||||26.10.23|31.7.22| ||||||f| ||Trade debtors|||570|| ||Prepayments
and accrued income|||750|7,685| |||||1,320|7,685| |9.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |||||26.10.23|31.7.22| |||||f|f| ||Trade creditors|||1,359|6,992| ||Social security and other taxes|||2,080|2,374| ||Accruals and deferred|income||1,800|7,920| |||||5,239|17,286| |10.|MOVEMENT
IN FUNDS||||| |||||Net|| |||||movement|At| |||At|1.8.22|in funds|26.10.23| ||||f|f|| ||Unrestricted
funds||||| ||General fund|71,641||(62,712)|8,929| ||Restricted funds||||| ||Restricted general|68,825||(39,507)|29,318| ||TOTAL FUNDS|140,466||(102,219)|38,247| ## ## ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended
f|in funds
8| |Unrestricted
funds|||||| |General fund|||38,701|(101,413)|(62,712)| |Restricted funds|||||| |Restricted general|||50,325|(89,832)|(39,507)| |TOTAL FUNDS|||89,026|(191,245)|(102,219)| |Comparatives
for movement||in funds|||| |||||Net|| |||||movement|At| ||||At 1.8.21|in funds|31.7.22| ||||f|f|| |Unrestricted
funds|||||| |General fund|||90,215|(18,574)|71,641| |Restricted
funds|||||| |Restricted general|||222,777|(153,952)|68,825| |TOTAL FUNDS|||312,992|(172,526)|140,466| |Comparative
net movement|in|funds, included|in the above are as follows:||| ||||Incoming|Resources|Movement| ||||resources
f|expended
6|in funds
f| |Unrestricted
funds|||||| |General
fund|||18,330|(36,904)|(18,574)| |Restricted funds|||||| |Restricted general|||73,286|(227238)|(153952)| |TOTAL FUNDS|||91,616|(264,142)|(172,526)| ## ## ## ## ||TAILE
TEME
F RTHE
I DI AU|TIV
T
OB||| |---|---|---|---|---| |||Period||| |||1.8.22||| |||io|Year En|ded| |||26.10.23f|31.7.22f|| |INCOME AND ENDOWMENTS||||| |Donations and legacies
Donations||89,026|83,376|| |Gift aid|||2,060|| |Legacies
Grants|||6,030
150|| |||89,026|91,616|| |Total incoming resources||89,026|91,616|| |EXPENDITURE||||| |Charitable
activities||||| |Wages
Purchases||105,067
22,797|96,579
65,576|| |||127,864|162,155|| |Support costs||||| |Other||||| |Wages
Rates and water|||26,360
8|| |insurance||3,839|2,026|| |Bank charges
Consultancy
fees
Rent||83
16,260
2,868|34,500
5,455|| |Advertising||133|4,177|| |Other motor/travel||151|1,851|| |Legal and professional
Telephone
Other otBcecosts|fees|9,07$ 510
15,772|3,927
1,038
2,366|| |Accountancy
Stafftraining||$,280
145|8,060
1,010|| |Subscriptions
Repairs and maintenance
Depreciation oftangible fixed assets||5,163
1,099|4,806
5,515
824|| |||63,381|101,987|| |Total resources expended||191,245|264,142|| |Net expenditure||(102,219)|(172,526)||