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2025-02-28-accounts

FFIN DANCE

Charity No. 1129663

Company No. 06506094

Trustees' Report and Unaudited Accounts

28 February 2025

FFIN DANCE Contents

Pages
Trustees' Annual Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Summary Income and Expenditure Account 7
Balance Sheet 8
Notes to the Accounts 9 to 15
Detailed Statement of Financial Activities 16 to 17

Page 1

FFIN DANCE Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 28 February 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 06506094

Charity No. 1129663

Principal Office

The Beaufort Theatre Beaufort Hill Beaufort Ebbw Vale NP23 5QQ

Registered Office

The Beaufort Theatre Beaufort Hill Beaufort Ebbw Vale NP23 5QQ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

A. Guzzo S. Harford

L.W. Norman R. Pratten K.A.R. Price (Resigned 1 July 2025)

Accountants

TKD Accountants Ltd Unit 3B Lakeside House Lakeside Court Llantarnam Park Way Cwmbran NP44 3GA

OBJECTIVES AND ACTIVITIES

To advance education and training for the public benefit through the promotion and performance of dance, for all ages; in particular within the area of Gwent.

The main activities are based around community dance projects and professional dance activity.

Page 2

FFIN DANCE Trustees Annual Report

We have been fortunate to receive grants from funding organisations such as Blaenau Gwent UK SPF and Blaenau Gwent CBC which has enabled the community engagement and activities of FFIN DANCE to develop considerably during this year. The increased income permitted further outreach work to be undertaken and further the charity's purpose for the public benefit.

Our aim in our community outreach this year has been to address the issue of children and young people who are at risk of mental health neurasthenia, thoughts of suicide and self-harm. This was completed through a series of exercise and dance workshops aimed at young people who addressed exploring their own unique identity. Engagement numbers with volunteers and the community has increased opportunities and opened up activities considerably.

During the year we have remained in contact with our community through increased social media posts and regular media updates on progress and information for outreach, education and partners.

We acknowledge that we will continue to face challenging times as our UK SPF funding will cease in March 2025. Local and regional engagement with the arts is traditionally low and the region has higher than average levels of deprivation. However, we can report that things are getting a little easier with further outreach and good relationships being consolidated. All of these issues are accentuated by a backdrop of ever decreasing public funding and the Cost-of-Living Crisis. However, despite this, our efforts to continue engaging audiences and developing new and innovative programmes stands. We will achieve this by continuing to work collaboratively and in extended partnership, proving that we have a very valuable role to play in the creative community.

The trustees have a high regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

ACHIEVEMENTS AND PERFORMANCE

Our aim over the last 5 years has been to promote the company at a much higher level of marketing and networking which has been achieved with our website and the interactive blogging which takes places and an increased presence on Instagram. We have a robust social marketing operation. Our website, social media platforms and community communications are strong and consistent.

We have an online selling portal in addition to accepting card and cash payments that we can use either at our venue or out in the community.

Our business model continues, and we have seen a higher demand for our services. Over the past 2 years we have significantly built up our engagement with the community through consistent and immediate communication and a high-quality service to our customers.

Currently, we are reviewing where our business is most likely to be successfully marketed, and this is by "word of mouth", Instagram, Facebook, TikTok and our new website which was built specifically for comprehensive mobile use and interaction.

Page 3

FFIN DANCE Trustees Annual Report

Workshop figures have increased significantly more so than previous years and audience figures for our performances have increased significantly.

The building from which we operate has now fully reopened, this meant that the professional dancers presented their annual repertoire for the third year running in April and all our community dancers had a platform to share the work that they had undertaken together with invited community groups. For the first time our professional dancers and community groups all danced in one large scale production called I D; this was an interactive performance produced “in the round” in our Ballroom Studio. We also managed another studio-based R and D period with our professional dancers.

We have gained new clients using Zoom and other social media platforms, and extensive community coordination, ensuring that our outreach is wider. We have developed partnerships with Gwent Police and the Blaenau Gwent County Borough Council together with the Blaenau Gwent Sports Development Team, Llanhilleth Institute and community group Off the Streets. We have undertaken outreach projects with these partners together with Crickhowell High School and Abertillery Learning Campus.

FINANCIAL REVIEW

The charity has made a surplus this year. This surplus has been aided by the grants received in the period. Wages of artistic staff carries the most weight in terms of costs incurred but these are supported by the grants received. All other running costs are as expected. The trustees are satisfied that, at the year end there is enough in reserve for the charity to continue trading for the foreseeable future. Future grants will be applied for to aid us in carrying out certain future projects.

All income received and reserves held are deemed unrestricted as they are received and held for all charity operations and not a specific purpose. It is the policy of the charity that the level of reserves should be maintained at least at £4,000. The trustees consider that reserves of this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charities current activities while consideration is given to ways in which additional funds may be raised.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The methods used to recruit and appoint new charity trustees are advertised via word of mouth, recommendations from current trustees, and other professional bodies (e.g. ,GAVO)

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

R Pratten

Ruth Pratten (Aug 29, 2025, 1:02pm)

R. Pratten Trustee 28 August 2025

Page 4

FFIN DANCE Independent Examiners Report

Independent Examiner's Report to the trustees of FFIN DANCE

I report to the charity trustees on my examination of the financial statements of FFIN DANCE for the year ended 28 February 2025.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come 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 financial statements to be reached.

David James FCCA TKD Accountants Ltd Unit 3B Lakeside House Lakeside Court Llantarnam Park Way Cwmbran NP44 3GA 28 August 2025

Page 5

FFIN DANCE Statement of Financial Activities

for the year ended 28 February 2025

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Other trading activities
6
Total
Expenditure on:
Raising funds
7
Charitable activities
8
Other
10
Total
Net gains on investments
Net income/(expenditure)
11
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2025
£
43,440
6,573
3,659
Restricted
funds
2025
£
-
-
-
Total funds
2025
£
43,440
6,573
3,659
Total funds
2024
£
27,298
9,589
8,116
53,672
1,825
8,544
41,837
-
-
-
-
53,672
1,825
8,544
41,837
45,003
-
16,329
34,610
52,206
-
-
-
52,206
-
50,939
-
1,466
-
-
-
1,466
-
(5,936)
-
1,466 - 1,466 (5,936)
1,466
19,589
-
(5,936)
1,466
13,653
(5,936)
19,589
21,055 (5,936) 15,119 13,653

Page 6

FFIN DANCE Summary Income and Expenditure Account

for the year ended 28 February 2025

Income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net income/(expenditure) before tax
for the year
Net income /(expenditure )for the year
2025
£
53,672
53,672
51,894
312
52,206
1,466
1,466
2024
£
45,003
45,003
50,637
302
50,939
(5,936)
(5,936)

Page 7

FFIN DANCE Balance Sheet

at 28 February 2025

Company No.
06506094
Notes
2025
£
Fixed assets
Tangible assets
13
4,338
4,338
Current assets
Cash at bank and in hand
11,918
11,918
Creditors:Amount falling due within one year
14
(1,137)
Net current assets
10,781
Total assets less current liabilities
15,119
Net assets excluding pension asset or liability
15,119
Total net assets
15,119
The funds of the charity
Restricted funds
15
Restricted income funds
(5,936)
(5,936)
Unrestricted funds
15
General funds
21,055
21,055
Reserves
15
Total funds
15,119
2024
£
2,721
2,721
14,845
14,845
(3,913)
10,932
13,653
13,653
13,653
(5,936)
(5,936)
19,589
19,589
13,653

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 28 February 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 28 August 2025

And signed on its behalf by:

R Pratten

Ruth Pratten (Aug 29, 2025, 1:02pm)

R. Pratten

Trustee

28 August 2025

Page 8

FFIN DANCE Notes to the Accounts

for the year ended 28 February 2025

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Page 9

FFIN DANCE Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and Machinery 10%% Reducing Balance

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 10

FFIN DANCE Notes to the Accounts

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

3
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Total
Expenditure on:
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
2024
£
27,298
9,589
8,116
45,003
16,329
34,610
50,939
(5,936)
(5,936)
(5,936)
19,589
13,653
Total funds
2024
£
27,298
9,589
8,116
45,003
16,329
34,610
50,939
(5,936)
(5,936)
(5,936)
19,589
13,653

Page 11

FFIN DANCE Notes to the Accounts

4 Income from donations and legacies

Grants
Donations
5
Income from charitable activities
Classes
6
Income from other trading activities
Box Office
Merchandise
7
Expenditure on raising funds
Fundraising trading costs
Box Office
8
Expenditure on charitable activities
Expenditure on charitable
activities
Classes
Governance costs
Unrestricted
£
42,618
822
43,440
Unrestricted
£
6,573
6,573
Unrestricted
£
3,659
-
3,659
Unrestricted
£
1,825
1,825
Unrestricted
£
8,544
8,544
Total
2025
£
42,618
822
43,440
Total
2025
£
6,573
6,573
Total
2025
£
3,659
-
3,659
Total
2025
£
1,825
1,825
Total
2025
£
8,544
8,544
Total
2024
£
26,910
388
27,298
Total
2024
£
9,589
9,589
Total
2024
£
7,815
301
8,116
Total
2024
£
-
-
Total
2024
£
16,329
16,329

Page 12

FFIN DANCE Notes to the Accounts

9
Analysis of grants
Activity or programme
Community Engagement
programs
10 Other expenditure
Merchandise
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
11 Net income/(expenditure) before transfers
This is stated after charging:
Depreciation of owned fixed assets
12 Staff costs
Salaries and wages
Pension costs
No employee received emoluments in excess of £60,000.
Unrestricted
£
-
36,745
-
1,700
312
1,760
1,320
41,837
2025
£
312
2025
35,781
732
36,513
Total
2025
£
42,619
Total
2025
£
-
36,745
-
1,700
312
1,760
1,320
41,837
Total
2024
£
-
Total
2024
£
260
28,249
598
1,189
302
1,834
2,178
34,610
2024
£
302
2024
27,079
547
27,626

Page 13

FFIN DANCE Notes to the Accounts

13 Tangible fixed assets

Cost or revaluation
At 1 March 2024
Additions
At 28 February 2025
Depreciation and
impairment
At 1 March 2024
Depreciation charge for the
year
At 28 February 2025
Net book values
At 28 February 2025
At 29 February 2024
14 Creditors:
amounts falling due within one year
Other taxes and social security
Other creditors
Accruals
15 Movement in funds
Restricted funds:
Restricted income funds:
Total
Unrestricted funds:
General funds
Total funds
At 1 March
2024
(5,936)
(5,936)
19,589
13,653
2025
£
434
109
594
1,137
Incoming
resources
(including
other
gains/losses
)
£
-
-
53,672
53,672
Plant and
Machinery
£
10,076
1,929
12,005
7,355
312
7,667
4,338
2,721
Resources
expended
£
-
-
(52,206)
(52,206)
Total
£
10,076
1,929
12,005
7,355
312
7,667
4,338
2,721
2024
£
685
2,646
582
3,913
At 28
February
2025
£
(5,936)
(5,936)
21,055
15,119

Page 14

FFIN DANCE Notes to the Accounts

16 Analysis of net assets between funds

Fixed assets
Net current assets
Reconciliation of net debt
Cash and cash equivalents
Net debt
At 1 March
2024
£
Unrestricted
funds
£
4,338
10,781
15,119
Cash flows
£
Total
£
4,338
10,781
15,119
At 28
February
2025
£
14,845 (2,927) 11,918
14,845
14,845
(2,927)
(2,927)
11,918
11,918
Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases
2025
Land and
buildings
£
Operating leases with expiry date:
Pension commitments
The pension cost charge to the company
amounted to:
are as follows:
2025
Other
£
2025
£
732
2024
Land and
buildings
£
2024
Other
£
2024
£
547

17 Reconciliation of net debt

18 Commitments

19 Related party disclosures

Controlling party

The charity is under the control of its legal members. Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

Page 15

FFIN DANCE Detailed Statement of Financial Activities

for the year ended 28 February 2025

Income and endowments from:
Donations and legacies
Grants
Donations
Charitable activities
Classes
Other trading activities
Box Office
Merchandise
Total income and endowments
Expenditure on:
Costs of other trading activities
Box Office
Total of expenditure on raising
funds
Charitable activities
Classes
Total of expenditure on charitable
activities
Other expenditure
Merchandise
Employee costs
Salaries/wages
Pension costs
Staff training
Travel and subsistence
Premises costs
Rent
Unrestricte
d funds
2025
£
42,618
822
43,440
6,573
6,573
3,659
-
3,659
53,672
1,825
1,825
1,825
8,544
8,544
8,544
-
-
35,781
732
232
36,745
-
-
1,700
1,700
2025
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
2025
£
42,618
822
43,440
6,573
6,573
3,659
-
3,659
53,672
1,825
1,825
1,825
8,544
8,544
8,544
-
-
35,781
732
232
36,745
-
-
1,700
1,700
Total funds
2024
£
26,910
388
27,298
9,589
9,589
7,815
301
8,116
45,003
-
-
-
16,329
16,329
16,329
260
260
27,079
547
623
28,249
598
598
1,189
1,189

Page 16

FFIN DANCE

Detailed Statement of Financial Activities

General administrative costs,
including depreciation and
amortisation
Depreciation of Plant and
Machinery
Equipment repairs and
maintenance
General insurances
Information and publications
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Net income/(expenditure) before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
312
42
128
18
-
1,165
407
2,072
1,320
1,320
41,837
52,206
-
1,466
1,466
-
1,466
19,589
21,055
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(5,936)
(5,936)
312
42
128
18
-
1,165
407
2,072
1,320
1,320
41,837
52,206
-
1,466
1,466
-
1,466
13,653
15,119
302
215
123
154
11
823
508
2,136
2,178
2,178
34,610
50,939
-
(5,936)
(5,936)
-
(5,936)
19,589
13,653

Page 17

Issuer

TKD Accountants Ltd

Document generated Wed, 27th Aug 2025 22:17:08 BST

Document fingerprint 45bcf33f029a02bc2658f4c551f12d21

Parties involved with this document

Document processed

Party + Fingerprint

Fri, 29th Aug 2025 13:02:38 BST Ruth Pratten - Signer (8eb2249168fdb674a1f2e80a7a6448c2)

Audit history log

Date

Action

Wed, 27th Aug 2025 22:17:08 BST Wed, 27th Aug 2025 22:17:08 BST

Wed, 27th Aug 2025 22:19:50 BST

Wed, 27th Aug 2025 22:19:51 BST Thu, 28th Aug 2025 11:31:27 BST Thu, 28th Aug 2025 11:31:31 BST Fri, 29th Aug 2025 12:54:49 BST Fri, 29th Aug 2025 12:54:56 BST Fri, 29th Aug 2025 13:02:39 BST Fri, 29th Aug 2025 13:02:39 BST

Envelope generated by Dave James (46.31.71.159) Document generated with fingerprint 45bcf33f029a02bc2658f4c551f12d21 (46.31.71.159) Sent the envelope to Ruth Pratten (ruth-pratten@sky.com) for signing (46.31.71.159) Document emailed to ruth-pratten@sky.com Ruth Pratten opened the document email. (87.248.116.215) Ruth Pratten viewed the envelope (90.209.59.191) Ruth Pratten opened the document email. (87.248.116.79) Ruth Pratten viewed the envelope (90.209.59.191) Ruth Pratten signed the envelope (90.209.59.191) This envelope has been signed by all parties (90.209.59.191)