TAVAZIVA DANCE REPORT AND FINANCIAL 8TATEMENT8 31st Mareh 2024 COMPANY REGISTRATION NUMBER: 8766833 CHARITY REOISTRATION NUMBER 1135967 Frank S Lachman 31 Faltvlew Way Edgware Middlesex HA8 8JE 'ADIDA¢rt4J* 2011212024 COMPANIES HOUSE A23
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TAVAZIVA DANCE L•gal afid Admlnlstrative Infomiatlon 31st Maroh 2024 TRU8TEESIDIRECTOR8 At d•t• ol•pprnv•l ol*eeount• Marie Ellen Nixon - otherwise known as Marie McClu$kéy MBE Diréctor and Trustee Dr Mykaell Ri18y Director and Trustee Amand8 Saund8rs Director 8nd Trustee Dr Sinibaldo Dè Rosa Dirnelor and Trustge Appointed 6th Docembar 2023 Josophino Kyomuh•ndo Dir•ctor arh4 Trusteo Appointed 6th Doc•mb•r 2023 ART18TIC DIRECTOR Bawren Tavaziva exEcuTIVE DIRECTOR Mercy Nabiry0 REGISTERED OFFICE: Ensign Hou8 Battotsèa R8ath Junipor Driv• London SW18 1TA EXAMINER Frank S Lathman 31 Fairvigw Way Edgware Middlesgx HA8 8JE CHARITY REG18TRATION NUMBER.. 1135967 COMPANY REGISTRATION NUMBER: 5756833 Pago 1
TAVAZIVA DANCE DIRECTORS. AND TRUSTEES. REPORT The directorsltrustees present their report and the financial statements for the year ended 31st March 2024. The Statutory infomation on page 1 forms part of this report. DIRECTORS. RESPONSIBILITIES Company Law which is also applicable to charitable companies in England and Wales requires 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 COTripany and of the results of the company for that period. In preparing those financial statements. the directorsltrustees are required to: select suitable accounting policies and then apply them consistently., obseprfe the methods and principles in the Charities SORP make judgements and accounts'ng estimates that are reasonable and prudent., state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the companyNiII continue in business. The directorsltrustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. PRINCIPAL ACTIVITY AND CHARITABLE OBJECTIVE The company's principal activity during the year continued to be to advance the arts for the publlc benef5t by the promotion in particular, but not exclusively, of the art of dance, ORGAN18ATION AND CONSTITUTION The company VRS registered as a charity on 17th May 2010 and is governed by its Memorandum and Articles of Association. The company registered charity number is 1135967, The company is limited by guarantee and has no share capital. The guarantees of individual members are limited to £1. Company Registration number 5756833 The directors of the cx)mpany form its Committee of Management and Governing Body and are empowered to act as neSSary in order for the company to fulfil its objectives. Directors may be appointed by the members of the company or fellow directors at any time. The directorsltrustees set out below have held office during the whole year of this report unless otherwise stated on page 1. At date of approval of accounts Marie Ellen Nixon - otherwise known as Marie Mccluskey MBE Mykaell Riley Amanda Saunders Dr Sinibaldo De Rosa Josephine Kyomuhendo The company continues to be committed to producing high quality and engaging work, inspired by Artistic Director Bawren Tavaziva's lived experience as a Black Brttlsh with colanial history, fusing contemporary, ballèt and Afrtcan Dance styles, telling stories that highlight issues in the world today through movement, music and spoken word. Page 2
TAVA7JVA DANCE DIRECTORS. AND TRUSTEES. REPORT (contlnu•d INTRODUCTION Tavaziva Dance, now celebrating its 20th year. is guided by the vision of Artistic Director Bawren Tavaziva, to make Original contemporary dance. music and choreography that inspires, excites and enriches people's experience of dance through live perfommnce. The Companl8 work continues to in8pire a focus t0rdS developlng work for a Black British EducatEon curriculum in the coming years. Tavaziva Dance contlnues to contribute to the nurturlng of dance professionals at all stages of Iheir careers, as well as through its Discover Tavaziva parbcipation activities, to share in the Zimbabwean cultural heritage which lies at the heart of all Tavaziva's work. Artlstlc kntlvlty - Tourlng and Publlc Engag•m•nt The Company engaged Arts Consultant. Sarah Trist this year to help us develop a more cohesive artistlc programme, focusing on touring and the changing landscape that is reflecting varying appetite for Black-led and contemporary work. We continued to develop partnerships within London and nationally, with an engagement programme of workshops, community engagement and professional development, and presenting work dlgitally, alongside mini perfomance tours. In autumn 2023 we toured 8oy'$ Kh8ya nationally for the second time, engaging with 14 theatres. with 18 perfonnances and a total live theatre audience of 2125. Additionally, there were 816 participants in workshopsloutreach related to the themes of 80S Khaya . This does not Include numbers for digital onllne engagement of the tour activity and promotion. Boy's Khaya was choreographed by A.811¢ Dlrector. Bawren Tavaziva who also created the music and vocals for this production. The work was supported wrth lundlng from the Foyle Foundatlon. Creative Scotland, Cockayne Grants for the Arts & London Community Foundation. Tavaziva places the utmost importance on the health, fitness and wellbeing of the dancers, and requires that they keep fit and prepared for work during the tour contract period. In preparation for the tour, Erin Sanchez of One Dance UK delivered a Healthier Dancer talk for the dancers, which focused on self-care, injury prevention and dancing at your best. This year Ihe five new dancers who toured Bo8 Khaya (Jessica Chambers, Marta Swierczynska. Imogen Cooper, Alex Thirkle and Ivan Merino Gaspar) benefited from the annual budget provision towards dancer8, wollbelng. Throughout the year the Company continued to dellver a wlde range of Engagement Actlvlty led by both Bawren and other dance professiona18 on behalf of the Company. The range of thls work included.. Open Prolessional classes and Intensives for Dancers lat bbodance Wandsworth) Development of a Youth Dance Company (in partnership with bbodance>.' this has conlinued its second year wlth a small but committed group of participants attending the monthly Saturday sessions Various Workshops, including English National Ballet School. The Brit School Croydon and Woking school Choreography for the students of the Centre of Advance Training (CAT) run by Swindon Dance in Exeter & Sviindon followed by performances in the CAT end of year show Planning the African Dance Day in collaboration with bbodance for August wlth potents'al to include peers Idrissa Camara and Akosua Boakye BEM Two Tavlntensive, week-long residencles tsrgat•d at dancers nthy to the Company- th•89 included 8ub81d18•d places for participants enabled by the Garrick Trust. Twice-monthly Company classes, introduced In January 2024 in partnershlp with bbodance, following the popularty of Ihe open da8888 durlng 80I8 Khaya rehearsals In addition, this year the Greed promo pack was prepared and the Greed trailers were filmed in April, and a Boys Khaya solo excerpt was perfonned at the Royal Academy of Dance as part of a Wandsworth Arts Fringe (WAF) dance showcase in June. A key connection and event included Bawren Tavaziva being invrted to sit for a phot¢yJraphlc portrait for the Museum of Coloufs naw digiial exhibition °A Very British Rhythm. celebrating the contributions made by dancers and ¢horeoJraphers from the global majority to British dance culture over the past 250 years. Photographer, Hope Sandati (also from Zimbabwe) has been approached to shoot Bawren for our 20 anniversary launch in 2024. Page 3
TAVA21VA DANCE DIRECTORS. AND TRUSTEES. REPORT (continued) During the year, our digital Content Creator, Maria Polodeanu, did signfficant work on raising the Companl s profile digitally. She worked on promotional brochures for the productions. 80S Khay8 for this year and the Greed trailer. She has also edited short clips from the filmed research trip from Zimbabwe for use in the messaging in the lead up to the anniversary. She will continue to create new content, identify and track key audiences and monthly analytics for digital and social media, and liaise with the relevant team members to provide statistics for reporting and promotional needs, and will continue to support the Company in (x)njunction with TM Design, to unify Tavaziva's brand identity across all marketing platforms and mediums. Future plans A major focus re(xntly for the Company has been the continued development of strategic partnerships, both those current relationships as well as new opportunities for the coming year. A proposal was submitted to The National Gallery in December 2023 for a commissioned performance to mark the reopening of The National Gallerys Education Centre in October 2024 which will bo delivered in February 2025. Wandsworth Council have embedded Tavaziva as a lead dance organisalion within their Arts and Culture Strategy, as well as in their bld for the London Borough ol Culture 2025, with plans to work collaboratively across the borough. In Spring 2025 begin the remount of Greed, whlch originally premiered in 2013. We will yrk with a cast of five new young dancers, for which auditions take place in December 2024. The work premieres at Theatre Peckham in March and will go on to tour nationally, supported by funding from the Abderrahim Crickmay Charitable Settlement. Bawren Tavaziva also begins a period of research & development for a new solo work, engaging with a number of artists and choreographers including Jonzi D, Martin Hylton, Dakarayi Mashava. Vivian Maravanyika and Jimmiza Makurumbandi. With the support of funding frorn the Cockayne Foundation, th18 solo wlll mark Bawren's retum to the stsge with a performance reflecting on his arrival in the UK and his subsequent creative journey. Buoyed by the susS of the Company classes, a five4ay summer intensive has been scheduled in July 2024. This will be advertised earlier than in the past, in the hope that some of the dancers currently attending Company class will book. bbodance remains committed to our youth dance group collaboration and have already scheduled monthly sessions through to June 2025, with discussions ongoing about participating in showcases elsewhere during the next year. Former Company dancer, Dakarayi Mashava. has been assists'ng and is being mentored by Bawren during these sessions. Busln•ss D•velopm•nt The Company made good progress towards contlnulng to embed ts 'Theory of Change, business plan and establishing Its annual programming cycle over Year 1 of the NPO 23-26 investment round. All our proposed activity was successfijlly delivered. The first phase of our Black History Through Dance Curriculum research was completed by Dr Funmi Adewole of De Montfort Universty, and this will be progressed in our next Buslness pkn. Thls alms to investigate, with the team, how Tavaziva Uld build a sustainable multi-year programme which is relevant, and which will have a wider impact locally and nattonally with a potential to deliver to a diverse clientele with key partners. Tavaziva is committed to adapting a business model claiming a more deliberate role representing and championing Black British Culture. Board and Management This year a particular focus has been on developing the core team and the Board of Trustees. The core team function has solidified under the management of Executive Director, Mercy Nabirye. A new Administrative Manager (Mary Kinsella) and the Producer (Steven Gale) settled into the Company well. Viviana Rocha was appointed to the seasonal freelan role of P Company Touring Manager from 1 August 2023 to support the Producer with the logistics of the tour. Additional freelance support was brought in where needed. Page 4
TAVAZIVA DANCE DIRECTOR8. AND TRUSTEES. REPORT (aontinued) The Board has grown from three to five members with Sinibaldo De Rosa and José Hendo Joining Marie Mccluskey MBE. Amanda Saunders and Dr Mykaell Riley. Two new Associate Members (Dzrfa Benson and Euton Daley,MBE) provide additional support on the govemance level. In addrtion, Sam Mataure, an internationally acdaimed musician from Zimbabwe. became a Patron of Tavaziva, joining the current Patron. Peter Kyle CBE. The Board continues to provide guidance and oversight of the strategic development, finance and operations of the Company as well as the regular monitoring of delivery of programmes and activities. A Development Working Group also meets several times a year to advise and support the Executive Director on the Company strategy and on parts'cular areas such as the ACE NPQ application and reporting. The Company wlll actively be seeking at least one more new Trustee over the next period with particular skills in financial management, marketing or HR. Arts Council England Natlonal Portfolio Investm•nt Tavaziva staff established an effective Investment Principles programme management and monitoring framework and made great progress in embedding the principles in the programme and activity and reporting as required to ACE. These PrincIpS which include Dynamism, Ambition & Quality, Environrnental Responsibilty as well as Diversity & IrKlusion are reviewed and monitored by Trustees at each Board meetlng, Flnanclal revi•w, Incoming resources for the year were £227,792. Total resources expended in the year were £251.647. Details of the sources of income and type of expendrture incurred during the year are given in the financial statements. This year saw a very tight budget that required frugal management, but no major concerns and wth the accounts closing with 8 Company reseN8 of £25k intact. We wero successful in our funding appllcation to Cockayne- The London Communty Foundatlon - £15,000 and to Abderrahim Crlckmay Settlement Fund - £10.000. The Garrlck Charitable Trust who funded us to subsidise a few places on the Tavlntensives, invited us to their Board members annual reception and some Board members showed interested in Tavaziva's futu work. More work is underway lo submit applicats'ons to other funders in addition to plans for a strategy and campaign to use this anniversary year to generate income e.g. through call for support, donatn3 and sponsorship and a 'Support us,. page was designed for the website. R•s•rv•s There is no change to the existing reserves policy, to maintain a consistent level of ringfenced reseNes. equivalent to the value of three months of shutdown costs. The Company is committed to increasing the current level of reserves from £25k incrementally to £45k. The movement in reserves is shown in note 9 to the accounts. Rlsks Monitoring the movement and growth around Activity and financial viability remained a necessity throughout the year, Activity: Tavaziva continues to respond to a changing landscape and is implementing a shift to the 12-month cycle of activity. tying together performance & touring with a digital and L&P offer. Overall, activity against investment is proportionally low. ED is working closely with AD, the Board and an extemal fundraising consultant to shape the business plan and longer-term fundraising strategy to support artistic and programme growth. Page 5
TAVAZIVA DANCE DIRECTOR8. AND TRUSTEES. REPORT (Gontlnued) Financial Viability: There is risk around financial stability, and the Company budget continues to be ts'ght. This links to risk around the ambition of growth against current financial reSoUrs. Income streams and fundraising need diversffication to match ambrtion. The Company continues to look into Trusts and Foundations and multi-year grants, which would bring some stability and scope. The Board continues to support to monitor managing the risks and impact. Examinor A resolution proposing the re-appointment of Frank S Lachman as Independent Examiner will be submitted at the Annual General Meeting. Ass•ts The movement in fixed assets is shown in Note 6 to the accounts. Relatsd Partles Except as otherwise disclosed in note 11 to the financial statements, there were no transactions with related parties during the year. Publ1¢ b•nofft The Trustees confirm that in compiling this report they have had due regard to the guidance on public benefit issued by the Charity Commission in compliance with the duty set out in section 4 of the Charities Act 2006. 8mall oompany •x•mptl•n This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on and signed on Its behalf by Marie Ell&n Nixon Marie Ellen Nixon Directrjr Page 6
TAVAZIVA DANCE Independ•nt Examinerfs Report on the A¢counts 4 report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2024 which are set out on pages 8 to 14 . Responsibilities and basis of report As the charitys trustees of the company (and al80 Its dlrectors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {1he 2006 Arf). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinats'on, I report in respect of my examinakn'on of your charity8 accounts as carried out under sedlon 145 of the Charltles Act 2011 (the '2011 Acf). In carying out my examination I have followed the Directions given by the Charity Commission under section 145(51(b) of the 2011 Act. Independent examinerfs report Slnce the companls gross Income exceeded £250,000 your examlner must be a member of a body118ted 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, whlch is one of the listed tx)dies. I have completed my examlnatlon. I confirm that no matters have come to.my attentlon In connectlon with the examination giving me cause to believe: (1) accounting recL)rds were not kept in respect of the company as required by section 386 of the 2006 Act: or (2) the accounts do not accord with those accounting records; or (3) the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts glve a 'true and falrf vlew whlch Is not a matter con81dered as part ol an Independent examlnation., or (4) the accounts have not been prepared in accordance with the methods and prlnciples of the Statement of Recommended practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 accounts to be reached. Frank S Lachman Chartered Accountant Independant Examiner 31 Fairviww Way Edgware Middlesex HA8 8JE Page 7
TAVAZIVA DANCE Statement of Financial Activities (in¢orpofating an In¢om8 and Expendltur• A¢¢ount) Forthe Year Ended 31st March 2024 Restrictsd Unrestricted Funds Funds Total Funds 2024 Restricted Unrestricted Funds Funds Total Funds 2023 Notes Incom• Donations and legacies Investment income 196,023 196,023 649 649 192,423 192,423 143 143 Charitable activities 31,120 31,120 14,887 14,887 Total Incomlng r•soure•s 227,792 227 792 207,453 207,463 Expendituro on: Charltabl• Activlty Costs 251.647 261,647 189,109 189.109 T•tal resour¢¢s •xpended 251,647 261,647 189,109 189 109 N•t Inoom•l(Exp•ndltur•) (23,855) 123,865) 18,344 18,344 Funds brought forward 82,718 82.718 64,374 64,374 Transfers Funds carried IoTward 58,863 82,718 82,718 Page 8
TAVAZIVA DANCE Balanc• Sh••t At 31st March 2024 Notes 2024 TOTAL 2023 TOTAL Restri¢tsd Unrestrlcted FIXED ASSETS Tangible assets 1,851 1,851 2,468 CURRENT ASSETS Debtots Cash at bank and in hand 29,905 60,601 90,506 29,905 60,601 90.506 20,965 72,139 93,104 CREDITOR8- AMOUNTS FALLING DUE WITHIN ONE YEAR (33.494) (33,494) {12.854) NET CURRENT A88ET8 TOTAL AS8ET8 LESS CURRENT LIA8ILITIE8 57.012 57,012 80.250 58,863 58,863 82,718 FUND8 Restricted Funds Unrestricted Funds 58.863 58,863 82,718 For the year ended 31 March 2024 the company was entitled to exemption under section 477{2) of the Companies Act 2006. No rnember8 have 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 director8 acknowledge their responsibility for.. i. ensuring the company keeps accounting records which comply with section 386 of the Companies Act 2006; and ii. preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its deficit for the financial year in aordanCe with section 393, and which othenwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company. The acLounts have been prepared in accordance with th8 special provisions applicable to CA)mpanies subject to the Small companies, regime under the Companies Act 2006. Approved by the directors on and signed on their behalf by Marie Ellen Nixon 'ma£11 nix/M Marie Ellen Nixon Page 9
TAVAZIVA DANCE Notes to the Finan¢lal Statements For th• Year Ended 31st Marah 2024 1 AG¢ounting Pollc•s (a) 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 2022)- (Charits'es SORP {FRS 102)), the Financial Reporting Standard applie£ble in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Tavaziva Dance meets the definition of a public benefrt entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the relevant accounting policy note(s). Ib) Tangibl• Fixod A5s•ts Depreciation is provlded at rates calculated to write off the cost of each asset over its expected useful life, as follows: Fixtures. fittings and equlpment 250/0 Straight line (¢) Ineom• Income is recognised when the charity has entitlement to the funds, any perfonnance 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 reliably. Income from grants. whether capital or revenue grants, is recognised when the charity has entitlement to the funds, any performancè conditions attached to the grants has been met, it is probable that the income will be received and the amount can be measured rellably and is not deferred. (d) Exp•ndltur• All expenditure is accounted for on an accruals basls. Expenditure is recognfsed once there Is a legal or constructive obligation lo 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. Costs are allocated to a category either because such costs are directly incurred in relation to such category. or becAuse they are support costs in respect of which an apportionment has been made between the categories. Support costs consist of infrastructure costs for salaries, premises, office administration. Such costs are apportioned on a reasonable and consistent basis to the various categories with a view to determining, as accurately as possible, the total resources expended for each category. The basis of apportionment used is either a function of staff time applied to a given activity, or an estimate of the proportion of c()sts associated with the same, or a combination of both. .Direct and Support costs are separately shown by natural classification in Note 5 to these accounts for each category of cosL (•) Taxation The company as a registered charity ( number 1116776 } is exempt from taxation on most investment InMe insotar as il is applied for charitable purposes. The company is also exempt from taxation on capital gains. (f) Debtors Trade and other debtors are refxgnised at the settlement amount due after any trade discount offered. Prftpayments are valued at the arnount prepaid Det of any trade discounts due. Page 10
TAVAZIVA DANCE Notes to the Finan¢ial Statements For the Year Ended 31st March 2024 ACCOUNTING POLICIES (continued) (g) Creditors and provlslons 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 settiement amount after allowing for any trade discounts due. (h) Going concern The company8 forecasts and projection8, takn'ng account of confinned ACE fvnding for 2023-24, reasonab achievable fund-raising prospects for the corning year and allowanc£ for potential sensitivities in trading perfomiance, show that the company should be able to a)ntinue to operate without recourse to borrowings. The risk of a material unforeseen revenue shortfall giving rise to a solvency problem is mitigated by the regularity of financial reportlng againsl d8talled inrx*me 8nd expenditure budgets for the year ahead which wlll allow the directors adequate scope to take correctlve action, In consultats'on with the companys principal funder, should circumstsnces require. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable fulure. Thus they continue to adopt the golng concern basls of accounting in preparing the annual financial statements. 2 Grants and Donatlons R•stri¢t•d Unr•strlot•d Funds Funds R•strlot•d Unr•strict•d Funds Funds 2024 2023 Grants lor 8p•oM¢ Purpos•s ACE - Core Funding 191,973 191,973 191,973 191,973 London Borough of Wandsworth Cockayne Foundation Garrick Trust Abderrahim Trust 2,000 15,000 2,000 30,000 15,000 2,500 10,000 10,000 20,000 Deferred grants carried foThvard Deferred grants brought forward (25,000) {26,0001 2,050 {2,050> (2,0601 2,050 221023 221023 192,423 189 923 Income from Charitable activities is from performances. workshops, company class and Theatre Tax Relief. All incA)me is unrestricted 3 Net Ineomel(Expend5tur•) Incomel(expenditure) ts after charging: 2024 2023 Depreciation of tangible assets Examinerfs fee 617 1,750 822 1,750 Page 11