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2024-03-31-accounts

Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Combination Dance Company

Registered charity no. 1123954 Company no. 4326359

Annual Report and Accounts for the year ended 31 March 2024

Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Contents
Page no.
Reference and Administrative Information 1
Trustees’ Report 2 – 10
Independent Examiner’s Report 11
Statement of Financial Activities 12
Balance Sheet 13
Notes to the Accounts 14 - 18

Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Reference and Administrative Information

Registered company no.: 4326359
(England and Wales)		 4326359
(England and Wales)
Registered charity no.:
1123954
Registered office: 46 Alexandra Road
London SW19 7JZ
Trustees/Directors: Venetia Lazenby Chair
Emma Gollagly
Karen Davison
Artistic Director: Anne-Marie Smalldon
Bank: Barclays Bank plc
West Hampstead Branch
208 W End Lane
London NW6 1UY
Independent Examiner: Mary Ryan FCCA DChA
Ark Accountancy Limited
31 Cheam Road
Ewell
Epsom
Surrey KT17 1QX
Website: www.combinationdance.co.uk

1

Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Trustees’ Annual Report

The Trustees, who are also directors for the purposes of the Companies Act 2006, present their report and financial statements for the year ended 31 March 2024.

The reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities (issued in March 2015).

Structure, Governance and Management

Combination Dance Company is a company limited by guarantee, as defined by the Companies Act 2006. It was incorporated on 21[st] November 2001 and registered as a charity on 6[th] May 2008. It is governed by a Memorandum of Association. As a charity, in the opinion of the Trustees, it complies with the provisions of Section 60 of the Companies Act 2006, which exempts it from the requirement to end its name with “limited”. Throughout this report it will be referred to as “the charity”.

Responsibility for the governance of the charity resides with the Trustees. Day to day operations are managed by the Artistic Director.

New Trustees are recruited and appointed by the following procedures:

The trustees create a job description based on a summary of the skills needed and requirements of the charity. The job description is advertised widely via dance, arts and charity online websites. Prospective applicants are assessed by the staff and Trustees. A shortlist is created and interviews follow. Successful candidates are invited to attend some of the company's work in action and they receive induction material and background on their role and the company. Unsuccessful applicants are thanked for their interest. Finally trustees are invited to attend a board meeting and they are welcomed by the board and necessary paperwork must be completed. Further induction will follow by way of subcommittee meetings or potentially volunteer work on one of our current projects. Most trustees have an area of specialism and become involved in this capacity.

Risk Management

The charity recognises that its activities, being highly physical, contain inherent risk of injury to both performers and audience. The charity mitigates these risks by:

Aims and Objectives

The charity’s object is to advance education for the public benefit by the promotion of the arts, in particular but not exclusively the art of dance. It does this by providing dance performances and creative learning projects in Richmond upon Thames and across London and occasionally across the UK.

Through our creative learning activities we aim to:

Through our performances we aim to:

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Activities - Achieving our aims

Combination Dance’s vision is one where the people of the London and beyond are positively engaging with dance as part of their lives, enjoying its physical, psychological, creative, social, cultural and specific health benefits as individuals and communities.

Our creative learning work runs both independently of and associated with our performance work. We work with young people, adults, older people and disabled people to provide opportunities to enjoy dance and to develop their knowledge, skills and creativity. We work with children and young people in and out of school settings, as well as running a youth dance company throughout the year. Our creative learning work mostly takes place in our resident borough of Richmond-upon-Thames. We have set up regular, themed dance classes for adults across the boroughs of Richmond-upon-Thames and Merton.

We create impactful, emotive dance performances to interest and entertain based on themes we are passionate about. We believe in dance as an art form as well as a physical activity. We try to reach audiences who may not usually see dance performance in traditional performance venues. Performances take place in our resident borough of Richmondupon-Thames, across the UK and occasionally further afield.

Combination Dance has a track record for making dance and science inspired projects since 2013 working alongside the current team as well as other organisations and venues including Imperial College, The National Physical Laboratory, The Science Museum, The Bloomsbury Theatre and Cancer Research UK.

Web:http://combinationdance.co.uk Email: info@combinationdance.co.uk Facebook: www.facebook.com/combinationdance Twitter: @CombinationDC

Achievements and Performance

During the year April 2023 to March 2024 the charity focused on

  1. Growing grassroots participation in our dance activities in West London. This included a focus on Richmond upon Thames and Merton and an online class nationally.

  2. Delivering projects that boost wellbeing for all but in particular for marginalised groups i.e. people with additional needs, people with long term health conditions, families on low incomes, BAME or refugee groups and women’s groups. We have built a strong track record for our work in this area. We received a Merton Giving Grant of £9,500 which completed in the year to provide classes for adults with long term health conditions, over 65s and people on a low income and adults with disabilities or special educational needs via Mencap. Please see a photo of our sessions with refugee communities. We then received a small grant for £3493 from the Wimbledon Foundation to continue these targeted activities.

  3. Smart-Cells Dance & Science Program. We received £19,900 funding from Arts Council England to deliver a dance and science project that enabled us to work with prestigious partners: including imperial College who invested £11,000 we also received £5750 from the Eastern City BID and £5600 from Twickenham BID (Business Improvement District) and the Local Area Fund. Please see more here www.smart-cells.uk

  4. We also received £20,000 to deliver the summer festival of dance for the London Borough of Richmond at a picnic event involving 6 community groups and a guest professional dance company Extended Play Dance

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

In 2023-2024 we delivered the following grassroots programs throughout the year

Beneficiaries

Grassroots programs:

Live outdoor performance for our smart-cells events, Richmond council and the EC BID events

Summary

During the year the charity extended our reach to deliver more programs and work with more prestigious and a greater number of partners. The future looks bright for 2024-2025 and beyond.

Business Plan & Future Development

We are currently working with Re:Create Richmond to develop a new 3-5 year business plan, which will be finalized in summer 2025. In the past three years, our charity has been growing and evolving. Our goal is to expand our local impact and ultimately become a National Portfolio Organisation (NPO) in 5-6 years.

We aim to further develop as a dance organisation, supporting the dance ecology in Richmond, regionally & beyond. As part of this expansion, we will continue to build our governance and operational infrastructure.

Plans for the next 3 years

4

Combination Dance Company

Deliverability and Risks

  1. Stakeholder engagement – not securing supportive partners : To mitigate this, we will collaborate with reliable cultural partners with shared values.

  2. Small core team : To address this, we are expanding our team, including developing the role of our financial manager and a new Administration Assistant & Class Coordinator and increasing our board by 3-6 trustees.

  3. Lack of match funding : We have already secured 50% of our funding goals for 2025 and have confirmed partnerships with key collaborators.

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Financial Review

The year to 31 March 2024 saw the delivery of ambitious performance projects together with growth in our grassroots classes and workshops. Support from the local authority continued and unrestricted income totalled £26,669 in the year (previous year £27,430). Restricted income was £68,441 (previous year £33,238).

Workshop delivery cost £14,659 (previous year £39,769). Expenditure on delivering performance projects totalled £75,156 (previous year £33,749) with our Smart Cells programme being the most significant of these at £61,471. The overall result is therefore a surplus of £4,845 (previous year deficit £14,023).

Reserves Policy

The surplus for the year brings total funds to £25,655 (previous year £20,810). Restricted reserves are £2,505 (previous year £9,220) with these reserves held for our Parent & Child project. Unrestricted reserves increase by £11,560 to £23,150 (previous year £11,590).

The trustees continue to take steps to strengthen reserves and to ensure adequate funding of projects in order to mitigate against the financial risks of cessation of activities and/or underfunding of projects. Having built our unrestricted reserves we intend to use them to grow our core team to better support the delivery of our projects.

As the organisational structure develops the reserves target will be reviewed.

Public Benefit

The charity meets the definition of a public benefit entity under FRS 102.

Going Concern

The Trustees therefore consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying of amounts of assets and liabilities within the next reporting period.

Independent Examiner

Mary Ryan FCCA DChA has been appointed as the charity’s independent examiner for the year and has expressed her willingness to act in that capacity.

Approved by the trustees on 20 December 2024

and signed on their behalf by

Venetia Lazenby Chair

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Report of Independent Examiner

I report on the accounts for the year ended 31 March 2024 set out on pages six to thirteen.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 you as 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 statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Mary Ryan t/a Ark Accountancy Limited Chartered Certified Accountant 31 Cheam Road Ewell Epsom Surrey KT17 1QX

20 December 2024 Date: .............................................

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Statement of Financial Activity For the year ended 31 March 2024

Notes
Income from:
Donations and legacies
2
Charitable activities:
3
Regular Workshops
Performance and Learning Projects

Total Income


Expenditure on:
Raising funds
4
Charitable Activities:
5
Regular Workshops
Performance and Learning Projects

Total Expenditure

Net operating income/(expenditure)

Net gains/(losses) on investments

Net income/(expenditure)

Transfer between funds

Net movement in funds
7

Total funds brought forward

Total funds carried forward		 2024
Unrestricted Restricted
Total

£
£
£
6,110
-
6,110

20,559
-
20,559
-
68,441
68,441
26,669
68,441
95,110
450
-
450
14,659
-
14,659
-
75,156
75,156
15,109
75,156
90,265
11,560
(6,715)
4,845
-
-
-
11,560
(6,715)
4,845
-
-
-
11,560
(6,715)
4,845
11,590
9,220
20,810
23,150
2,505
25,655		 2023
Unrestricted Restricted
Total
£
£
£
6,272
-
6,272
21,158
17,862
39,020
-
15,376
15,376
27,430
33,238
60,668
1,173
-
1,173
21,172
18,597
39,769
-
33,749
33,749
22,345
52,346
74,691
5,085
(19,108)
(14,023)
-
-
-
5,085
(19,108)
(14,023)
-
-
-
5,085
(19,108)
(14,023)
6,505
28,328
34,833
11,590
9,220
20,810

The notes on the following pages form part of these accounts.

The above results derive from continuing activities. There were no other recognised gains or losses other than those stated above.

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

Balance Sheet

As at 31 March 2024

2024 2024 2023 2023
£ £ £ £
Notes
Current Assets
Debtors 11 6,166 20,086
Cash 20,950 4,132
27,116 24,218
Current Liabilities
Creditors 12 1,461 3,408
Net Current Assets 25,655 20,810
Total Assets 9 25,655 20,810
Funds
Unrestricted Funds 23,150 11,590
Restricted funds 2,505 9,220
Total Funds 7 25,655 20,810

The notes on the following pages form part of these accounts.

For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The Directors have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the Trustees on 20 December 2024

and signed on their behalf by

Venetia Lazenby Chair

9

Combination Dance Company

Notes to the accounts

1. ACCOUNTING POLICIES

a) The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) under Accounting and Reporting by Charities; Statement of Recommended Practice (Charities SORP 2015) and the Companies Act 2006. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably. Income is deferred as necessary when the donor specifies that the income must only be used in future accounting periods or when any performance conditions have not been fully met.

c) The charity operates fund accounting:

d) Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

e) Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following headings:

The charity is not registered for VAT, which is charged as a cost against the activity for which the expenditure was incurred.

Expenditure is allocated to the particular activity for which it was incurred. The cost of overall direction and administration, comprising the salary and overhead costs of the central function, together with governance costs, is apportioned to each charitable activity on the basis of direct costs attributable to that activity.

f) Items of equipment and other tangible assets will be capitalised where the purchase price exceeds £1,000. Those items will be depreciated on a straight line basis over three years.

g) The Trustees are of the opinion that the charity is exempt from Corporation Tax on its charitable activities.

h) The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity in respect of the year.

2. VOLUNTARY INCOME

OLUNTARY INCOME
London Borough of Richmond upon Thames (LBRuT):
Culture Commissioned Grant April 2023 – March 2024
Calathea
Donation		 2024
£
6,000
-
110
6,110		 2023
£
6,000
272
6,272

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

3. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

NCOMING RESOURCES FROM CHARITABLE ACTIVITIES
2024 2023
£ £ £ £
Grants:
The Arts Council 19,900 1,490
LBRuT N-Rich (Asemble) - 1,000
LBruT Arts & Ideas Festival 10,000 10,000
London Borough of Merton 7,751 1,771
LBRuT Full of Life 250
Imperial College London 11,000
EC BID 5,750
Twickenham BID 1,000
LBRuT – Local Area Fund 4,600
LBRut – Achieving for Children 4,950
Wimbledon foundation 3,490
68,441 14,511
Activity Charges 20,559 21,288
Donated Facilities - 18,597
89,000 54,396
  1. EXPENSE ANALYSIS – Current Year
4.
EXPENSE ANALYSIS – Current Year
Project management and salary costs
Pension costs
Artistes' fees
Other direct activity costs
Advertising and marketing
Insurance
Accounting, audit and Legal fees
General administrative expenses
Banking and finance costs
Allocation of Governance and Support costs
Total costs
5.
EXPENSE ANALYSIS – Prior Year
Project management and salary costs
Pension costs
Artistes' fees
Other direct activity costs
Advertising and marketing
Insurance
Accounting, audit and Legal fees
General administrative expenses
Banking and finance costs
Allocation of Governance and Support costs
Total costs		 Regular
workshops
Performance
and learning
projects
Fundraising
Costs
Governance
costs
Support
costs		 Total
£
22,902
541
20,632
37,463
405
580
4,847
2,800
95
90,265
-
90,265
Total
£
£
£
£
£
2,862
12,240
-
-
7,800
71
238
-
-
232
-
20,608
-
-
24
12,796
24,491
-
-
176
-
289
-
-
116
-
-
-
-
580
-
1,500
-
-
3,347
-
1,033
314
10
1,443
-
-
-
-
95
15,729
60,399
314
10
13,813
(1,070)
14,757
136
(10)
(13813)
14,659
75,156
450
-
-
Regular
workshops
Performance
and learning
projects
Fundraising
Costs
Governance
costs
Support
costs
£
£
£
£
£
6,681
8,935
-
-
7,800
200
174
-
-
237
-
6,280
-
-
-
23,140
11,518
-
-
201
96
530
-
-
-
-
-
-
-
593
-
-
-
-
3,547
947
1,491
900
-
1,317
-
-
-
-
104		 £
23,416
611
6,280
34,859
626
593
3,547
4,655
104
31,064
28,928
900
13,799
8,705
4,821
273
-
(13,799)		 74,691
-
39,769
33,749
1,173
-
-		 74,691

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

6. STAFF COSTS

The average number of employees employed during the year was 1 (2023: 1). The total remuneration paid was £18,602 (prior year £21,502), including project related fees which were charged as direct costs to the respective projects. In compliance with autoenrolment pension legislation pension contributions of £541 (2023: £611) were paid. Employer National Insurance Contributions were within the Employment Allowance and therefore not payable.

7. MOVEMENT IN FUNDS – Current year

MOVEMENT IN FUNDS – Current year
Unrestricted funds
General funds
Restricted Funds:
Smart Cells
Merton
Wimbledon Foundation
Parent & Child
Total Funds		 Funds
b/f
Incoming
Resources
Outgoing
Resources
Transfers
between
funds
Funds
c/f
£
£
£
£
£
11,590
26,669
(15,109)
-
23,150
11,590
26,669
(15,109)
-
23,150
9,220
52,250
(61,470)
-
-
-
7,751
(7,751)
-
-
-
3,490
(3,490)
-
-
-
4,950
(2,445)
-
2,505
9,220
68,441
(75,156)
-
2,505
20,810
95,110
(90,265)
-
25,655

8. MOVEMENT IN FUNDS – Prior year

Unrestricted funds
General funds
Restricted Funds:
Star Cells
Reboot, Release, Reconnect
NRich Dance Festival
Centre Court Studio
Smart Cells
Merton
Total Funds		 Funds
b/f
Incoming
Resources
Outgoing
Resources
Transfers
between
funds
Funds
c/f
£
£
£
£
£
6,505
27,430
(22,345)
-
11,590
6,505
27,430
(22,345)
-
11,590
19,634
1,490
(21,124)
-
-
4,694
250
(4,944}
-
-
4,000
1,000
(5,000)
-
-
-
18,594
(18,597)
-
-
-
10,000
(780)
-
9,220
-
1,901
(1,901)
-
-
28,328
33,238
(52,346)
-
9,220
34,833
60,668
(74,691)
-
20,810

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Combination Dance Company Annual Report and Accounts y/e 31 March 2024

  1. ANALYSIS OF NET ASSETS BETWEEN FUNDS – Current year
Current Assets
Debtors
Cash
Current Liabilities
Creditors
Net Current Assets
Total Assets		 Unrestricted
£
5,166
19,445
(1,461)
23,150
23,150		 2024
Restricted
£
1,000
1,505
-
2.505
2,505		 Total
£
6,166
20,950
(1,461)
25.655
25,655

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS – Prior year

Current Assets
Debtors
Cash
Current Liabilities
Creditors
Net Current Assets
Total Assets
11. DEBTORS
Trade debtors
Deferred expenses
Other Debtors
Accrued income
Total
12. CREDITORS: Amounts falling due within one year
Trade creditors
Deferred income
Other creditors
Accrued expenses
Total		 Unrestricted
£
6,314
8,579
(3,303)
11,590
11,590		 2023
Restricted
£
13,772
(4,447)
(105)
9,220
9,220
2024
£
3,232
407
100
2,427
6,166
2024
£
702
-
49
710
1,461		 Total
£
20,086
4,132
(3,408)
20,810
20,810
2023
£
16,018
376
-
3,692
20,086
2023
£
2,514
98
191
605
3,408
  1. RELATED PARTIES There have been no related party transactions in the year.

13

Combination Dance Company Annual Report and Accounts y/e 31 March 2024

14. TRUSTEES

The Trustees who served throughout the year are listed on page 1. No Trustee was paid remuneration, other benefits or expenses during the year. No costs were incurred in respect of trustee meetings (prior year £NIL).

15. DETAILS OF INCOME AND EXPENDITURE

2023 2023
£ £ £
£
Income
Restricted Grants 68,441 14,511
Unrestricted Grant 6,000 6,272
Activity charges 20,559 21,288
Restricted Donations - 18,597
Unrestricted donations 110 -
Total Income 95,110 60,668
Expenditure
Artiste fees 20,027 6,080
Workshop & Class Teachers 18,594 7,137
Photography and filming 2,800 3,000
Project materials 6,931 4,401
Premises hire 2,870 1,701
Rent and Rates - 18,597
Artistes' travel expenses 605 200
Volunteer expenses 21 -
Project management fees 4,300 6,813
Admin support - 27
Production and Technical Services 6,246 965
IT and marketing 1,873 2,231
Charitable Activity Direct Costs 64,267 51,152
Salary costs 19,439 17,539
Insurance 580 593
IT and communications costs - 216
Travel and subsistence 260 316
Stationery and subscriptions 58 35
Accounting & professional fees 4,247 3,034
Fundraising costs 450 1,173
Office expenses 259 -
Bank charges 95 103
Trustee meetings 10 30
Independent Examination fee 600 500
Overhead and Fundraising Costs 25,998 23,539
Total Costs 90,265 74,691
Surplus/(Deficit) 4,845 (14,023)

14