|Academ|y
Of Dance 8 Dra| |---|---| |Company|Limited by Guarantee| |Rnancial Statements|| |Year|ended 31July 2021| ||||||Page| |---|---|---|---|---|---| |Trustees'
annual
report (incorporating||the|directors|report)|| |independent
examiner's
report|to the trustees||||| |Statement offinancial
activities|(including||income and||| |expenditure
account)|||||| |Statement offinancial
position|||||| |Statement ofcash flows|||||| |Notes to the financial statements|||||| |The following
pages do not form part ofthe financial statements|||||| |Detailed statement
offinancial|activities||||| |Notes to the detailed statement|offinancial||activities||20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2021||2020| |---|---|---|---|---|---|---| |||||Unrestricted||| ||||Note|funds Total funds
f||Total funds| |Income and endowments||||||| |Donations and legacies
Charitable
activities
Investment
income||||54,127
355,012
6,037|54,127
355,012
6,037|25,000
379,618
9,209| |Total income||||415,176|415,176|413,827| |Expenditure||||||| |Expenditure
on charitable|activities||8,9|379,729|379,729|344,226| |Total expenditure||||379,729|379,729|344,226| |Net income and net movement||in funds||35,447|35,447|69,801| |Reconciliation
offunds||||||| |Total funds brought
forward||||(12,39B)|(12,396)|(81,997)| |Total funds carried forward||||23,051|23,051|(12,396)| ## ||Company|Limited by Guarantee|Limited by Guarantee|Limited by Guarantee||| |---|---|---|---|---|---|---| ||Statement||ofCash Flows|||| ||Year|ended 31July 2021||||| ||||||2021|2020| |Cash flows from operating
activities||||Mote||| |h!et income|||||35,447|69,601| |Adjustments
for:||||||| |Depreciation
oftangible
fixed assets
Government
grant income
Other interest receivable
and similar income
Interest payable and similar charges
Accrued income|||||576
(48,083)
(6,037)
918
(3,840)|279
(25,000)
(9,209)
2,675
(46,414)| |Changesin. .||||||| |Trade and other debtors
Trade and other creditors|||||11,753
(6,415)|(996)
(3,697)| |Cash generated
from operations|||||(15,661)|(12,961)| |Interest paid
Interest received|||||(918)
6,037|(2,675)
9,209| |Net cash used
in operating|activities||||(10,562)|(6,427)| |Cash flows from investing|activities|||||| |Purchase
oftangible assets|||||(1,299)|| |Net cash used
in investing
activities|||||(1,299)|| |Cash flows from financing|activities|||||| |Government
grant income|||||48,083|25,000| |h!et cash from financing
activities|||||48,083|25,000| |Net Increase in cash and cash equivalents
Cash and cash equivalents
at beginning|||ofyear||36,222
(12,107)|18,573
(30,660)| |Cash and cash equivalents|at end of|year||ts|24,115|(12,107)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds|2021|Funds|2020| |Donations||||8||6| |Donations|||6,044|6,044||| |Grants||||||| |Government|grant|income|48,083|48,083|25,000|25,000| ||||54,127|54,127|25,000|25,000| ## |Charitable
activities||||||| |---|---|---|---|---|---|---| ||Unrestricted||Total|Funds|Unrestricted|Total Funds| |Sale of services as part of|direct|Funds
f||2021
8|Funds|2020
r| |charitable
activities||355,012|355,012||379,618|379,618| |Investment
income||||||| ||Unrestricted||Total|Funds|Unrestricted|Total Funds| |||Funds||2021|Funds|2020| |Bank interest receivable
Rents received||8
6,037||6,037|1
9,208|8
1
9,208| |||6,037||6,037|9,209|9,209| |Expenditure
on charitable|activities|by fund type||||| ||Unrestricted||Total|Funds|Unrestricted|Total Funds| |||Funds||2021|Funds|2020| |||||5|5|| |Coaching fees
Running
expenses
Supporl costs||257,425
115,816
6,488|257,425
115,816
6,488||232,505
98,566
13,155|232,505
98,566
13,155| |||379,729|379,729||344,226|344,226| ## ## ## ## ## ||||||Activities|||| |---|---|---|---|---|---|---|---|---| ||||||undertaken|Support|Total funds|Total fund| ||||||directly|costs|2021|2020| ||Coaching fees
Running
expenses
Governance
costs||||E'
257,425
115,816|E
6,488|E
257,425
115,816
6,488|E
232,505
98,566
13,155| ||||||373,241|6,488|379,729|344,226| |10,|Net income|||||||| ||Net income is stated after|||charging/(crediting):||||| ||||||||2021|2020| ||Depreciation|oftangible|fixed assets||||E
578|E
279| |11.|Independent|examination||fees||||| ||||||||2021|2020| ||Fees payable|to the independent|||examiner for:||E|E| ||Independent
examination
Other financial services|||ofthe|financial slatements|||2,500
1,013| |||||||||3,513| ## |The total staff cos
follows:|ts and e|mploy|ee
be|nefits
f|or the reporting
period
are|analysed
as| |---|---|---|---|---|---|---| ||||||2021|2020| |Wages and salaries
Social security costs
Employer contributions
to pension|||plans||E
62,608
986|E
46,092
1,147
781| ||||||53,594|48,020| |Average
number of|staff was|||||| |The average
head
number offull-time
follows:|count of
equivalent|employees
employees||during
during|the year was 3 (2020:4).
the year is analysed as
2021|The average
2020| |Number
ofstaff|||||No.
3|No.| ## ## ## ## ## ## |14.|Tangible fixed assets|||| |---|---|---|---|---| |||Land and|Fixtures and|| |||buildings|fittings|Total| ||Cost||8|| ||At 1 August 2020
Additions|53,151|11,783
1,299|64,934
1,299| ||At 31July 2021|53,151|13,082|86,233| ||Depreciation|||| ||At 1 August 2020
Charge for the year|53,150|9,271
576|62,421
576| ||At 31July 2021|53,150|9,847|62,997| ||Carrying amount|||| ||At 31July 2021|1|3,235|3,238| ||At 31 July 2020|1|2,512|2,513| |15.|Debtors|||| ||||2021|2020| ||Trade debtors
Prepayments
and accrued income
Other debtors||7,521
2,537|18,036
322
3,453| ||||10,058|21,811| ## ## ## ## ||Cash and cash equivalents|Cash and cash equivalents|comprise the following:||| |---|---|---|---|---|---| |||||2021|2020| ||Cash at bank and in
Bank overdraffs|hand||6
24,115|| ||||||(12,107)| |||||24,115|(12,107)| |17.|Creditors: amounts|falgng|due within one year||| |||||2021|2020| ||Bank loans and overdrafts
Accruals and deferred
income
Social security and other taxes
Other creditors|||6
'(2,806
1,173
278|12,107
16,746
823
7,044| |||||14,358|36,720| ## ## ## |follows:||saemens
or|government
gran|ts
are a| |---|---|---|---|---| ||||2021|2020| |Recognised
Government|in income from donations
grants income|and legacies:|48,083|25,000| ## ## ## ## ## |||||At||||At| |---|---|---|---|---|---|---|---|---| ||General funds|||1 August 2020
('I2,396)|income
f
415,176|Expenditure
(379,729)||31July 2021
5
23,061| |||||At||||At| ||General funds|||I August 2019
(81,997)|Income
8
413,827|Expenditure
31 July 2020
5
(344,226)
(12,396)||| |21.|Analysis ofnet assets between|||funds||||| ||||||Unrestricted||Total Funds|| |||||||Funds||2021| ||Tangible fixed assets
Current assets
Creditors less than
1||year|||3,236
34,173
(14,358)||f
3,236
34,173
(14,358)| ||Net assets|||||23,051||23,051| ||||||Unrestricted|||Total Funds| |||||||Funds||2020| |||||||9||| ||Tangible fixed assets
Current assets
Creditors less than
1||year|||2,513
21,811
(36,720)||2,513
21,811
(36,720)| ||Net assets|||||(12,396)||(12,396)| |22.|Analysis ofchanges||in net debt|||||| ||||||At|||At| |||||1|Aug 2020|Cash flows||31Jul 2021| ||Cash at bank arid in
Bank overdrafis|hand|||(12,107)|24,115
12,107||24,115| ||||||(12,107)|36,222||24,115| ## |Company
Limited by Guarantee|Company
Limited by Guarantee|Company
Limited by Guarantee||| |---|---|---|---|---| |Detailed Statement ofFinancial Activities||||| ||Year ended 31July 2021|||| ||||2021|2020| |Income and endowments|||8|| |Donations and legacies||||| |Donations
Government
grant income|||6,044
48,083|25,000| ||||54,127|25,000| |Charitable
activities||||| |Sale of services as pari ofdirect charitable||activities|355,012|379,618| |Investment
income||||| |Bank interest receivable
Rents received|||6,037|1
9,208| ||||6,037|9,209| |Total income|||415,178|413,827| |Expenditure||||| |Expenditure
on charitable|activities|||| |Purchases
Wages and salaries
Employer's
hllC
Pension costs
Rent
Light and heat
Repairs and maintenance
Insurance
Other motor/travel
costs
Legal and professional fees
Telephone
Other oflice costs
Depreciation
Other interest payable
and similar charges|||257,425
52,608
986
11,793
10,068
10,582
6,208
2,422
9,801
1,831
14,705
576
918|232,505
46,092
1,141
781
7,920
10,840
6,629
4,120
4,166
12,343
2,018
12,709
279
2,675| ||||379,729|344,226| |Total expenditure|||379,729|344,226| |Net income|||35,447|69,601| ## |Niidlande
Academy
Of Dance 8 Drama|Limited|| |---|---|---| |Company
Limited by Guarantee||| |Notes to the Detailed Statement ofFinanclai|Activities|| |Year ended 31July 2021||| ||2021|2020| |Expenditure
on charitable activities|6|| |Activities undertaken
direct/y
Direct charitable
activity - coaching fees &show costs etc|257,425|232,505| |Activ/t/es
undertaken
d/rectly||| |Direct charitable
activity - wages/salaiies
Direct charitable
activity - employer's
NIC
Direct charitable
activity - pension costs
Direct chadtable
activity
- rent and rates
Direct charitable
activity
- light &heat
Direct charitable
activity - repairs &maintenanoe
Direct charitable
activity
- insurance
Direct charitable
activity - motor/travel
costs
Direct charitable
activity
- registration
fees
Direct charitable
activity
—telephone
Direct charitable
activity
-other office costs|52,608
986
11,793
10,068
10,582
6,208
2,422
4,813
1,631
14,705|46,092
1,147
781
7,920
10,840
6,629
4,120
4,168
2,142
2,018
'l2,709| ||115,816|98,566| |Governance costs||| |Governance
costs - accountancy fees
Governance
costs - legal and other professional fees
Governance
costs - depreciation
Bank charges|3,523
1,471
576
918|3,513
6,686
279
2,675| ||6,488|13,166| |Expenditure
on charitable
activities|379,729|344,226|