DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
Registered number: 06371136 Registered Charity Number: 1136487
**SPRINGS DANCE COMPANY (A COMPANY LIMITED BY GUARANTEE)**
**DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **TRUSTEES’ REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **Contents**
|**Contents**||
|---|---|
||**Page**|
|Company Information|1|
|Report of the Trustees|2 – 8|
|Independent Examiner’s Report|9|
|Statement of Financial Activities|10|
|Balance Sheet|11 - 12|
|Notes to the Financial Statements|13 - 21|
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
**SPRINGS DANCE COMPANY COMPANY INFORMATION FOR THE YEAR ENDED 31 AUGUST 2021**
|**Company Number**|06371136||
|---|---|---|
|**Charity Number**|1136487||
|**Registered Office**|Whitehill Business Services||
|**Address**|3C Hopewell House||
||Whitehill Lane||
||Royal Wootton Bassett||
||SN4 7DB||
|**Independent**|Paul Newton||
|**Examiner**|JCS Accountants||
||5 Robin Hood Lane||
||Sutton||
||Surrey||
||SM1 2SW||
|**Trustees**|Mr Toby Beazley|Chair|
||Mr John Chamberlain|resigned 27thSeptember 2021|
||Ms Deborah Cruz-Dunn||
||Ms Debbie Lee-Anthony|resigned 27thSeptember 2021|
||Mrs Kerry Salisbury||
||Mrs Emma Göttke|appointed 24thJune 2021|
|**Secretary**|Mrs Eliza Reger||
|**Bankers**|The Co-operative Bank||
||PO Box 250||
||Skelmersdale||
||WN8 6WT||
|**Patrons**|Aelred Arnesen MA||
||Jeremy Begbie BD, Ph.D, FRSCM||
||David Bintley CBE||
||Steve Chalke MBE||
||John Drane MA, PhD||
||Roger Forster||
||Faith Forster||
||Candida Hadler AISTD||
||Pam Howard MBE||
||Rt Revd Dr Michael Nazir-Ali||
||Robert Penman FRSA||
||Peter Spencer||
||Judith Stevenson MA||
||Geoffrey Stevenson PhD||
Page 1
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Directors' Report**
The Trustees who are also directors of Springs Dance Company for the purposes of the Companies Act 2006, present their report and the financial statements for the year ended 31 August 2021.
## **Reference & Administrative Details**
## **Trustees**
The trustees, who are also directors of the Charitable Company, who served during the year were:
Mr Toby Beazley (Chair) Mr John Chamberlain (resigned 27[th] September 2021) Ms Deborah Cruz-Dunn Ms Debbie Lee-Anthony (resigned 27[th] September 2021) Mrs Kerry Salisbury Mrs Emma Göttke (appointed 24[th] June 2021) **Staff and Volunteers** Ruth Hughes Artistic Director Eliza Reger Company Manager Rebekah Gill Finance Manager Rebecca Bertram Tour Booker Naomi Cook Assistant Director Zoë Tsim Education Officer (Maternity Cover) Anna Shadbolt Safeguarding Officer Jonathan Richardson Data Protection Officer
A number of other professionals were also engaged to dance, choreograph, teach, rehearse and publicise on behalf of the Company.
## **Structure, Governance & Management**
## **Governing Document**
The charity is controlled by its governing documents, memorandum and articles of association dated 13 May 2010 and the charity is constituted as a Company limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and Appointment of New Trustees**
The Company is a registered charity with the Charities Commission of England and Wales. The Company is overseen by a Board of Trustees which currently consists of five members. Trustees must be over the age of 18 and can only be appointed with the approval of the other Trustees. The Trustees may jointly appoint any person who is willing to act to be a Trustee whether to fill a vacancy or as an additional Trustee. There is currently no maximum number of Trustees specified by the memorandum and articles of association.
## **Risk Management**
The Trustees have examined the major risks to which the Company is exposed and confirm that systems have been established to enable regular reports to be produced so that necessary steps can be taken to lessen these risks.
Since March 2020, the Covid-19 pandemic has brought unexpected challenges to the Company. Staff have worked to identify and manage risks to services and funding. Through this hard work and dedication, some activities have continued in a modified manner and additional funding has been raised to support new activities which meet the charity's objectives. Although the general outlook remains uncertain, trustees consider that the Company is well placed to continue as a going concern.
Page 2
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Objectives and Aims**
The charitable objectives of the Company are:
- a) To advance the education, public understanding and appreciation of dance and theatre arts by providing and presenting to the public high-quality performances which are of an educational, cultural and religious value to the community;
- b) To work within schools, the Christian church and other parts of the community by advancing the public’s knowledge and understanding of the Christian faith principally through dance, to advance the Christian faith; and
- c) To advance education for the public benefit by teaching, training and encouraging young artists and other members of the public in dance.
These charitable objectives continue to be in line with the aims of the Company:
- To explore, through dance, faith and life issues from a Christian perspective.
- To encourage dance within the Church, education and within the community.
- To pursue educational and artistic excellence.
## **Achievement and Performance**
## **Charitable Activities**
We are a vibrant contemporary dance organisation bringing creative and engaging dance to a diverse range of venues and communities. Founded over 40 years ago, we are one of the oldest dance companies in the UK.
We are a unique company working with theatres, schools and church communities. We create, we perform, we teach and we discuss.
We are committed to making excellent dance that is relevant and life enhancing for everyone. Our work has a voice, telling inspiring and challenging stories through dance and theatre. We nurture and connect people and communities, and we encourage those of all ages to enjoy dance.
## **Statistics**
Due to the Covid-19 pandemic, most live performances and workshops were cancelled or postponed this financial year, meaning that our reach was much smaller than we would usually expect. However, by delivering more live content online, we were able to benefit audiences, contributors and participants from across the world, including from the UK, Belgium, Finland, Australia, US, Cambodia, Germany, Norway, Sweden, The Netherlands, Switzerland and Singapore.
This financial year, our professional company delivered 18 performances, reaching an audience of 490 people (415 through our performances in schools and 75 through attending online live performances). Our education programme reached 2,163 participants, which included teaching 29 workshop days in schools.
New to this year was the launch of our online events “Nourish” and “Nourish 2021”, which together delivered 91 online sessions to participants across the globe, with 120 beneficiaries of Nourish and 154 of Nourish 2021.
(I enjoyed) _“that you had such a rich program which was suited for both professionals and amateurs. And that the classes were during the whole day which made it easy to go to classes because of time difference and different schedules. That there was a mix of dance classes and talks really covering almost every aspect of being a Christian and a dancer. It was so nice to connect with others likeminded across the globe. The information and communication were very clear and it was organized very well._ Participant, Nourish
(I enjoyed) _“the large variety of classes, panels, performances and discussion. There was really something for everyone. The organisation behind this is remarkable and I admire all the hard work that has been put in to a conference like this. It was also so nice to feel connected and close to people from all over the world and recognize some familiar faces from last time.”_ Participant, Nourish 2021
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **In schools, we:**
- Specialise in cross-curricular dance, in particular RE and PSHE
- Deliver creative, inspiring, fun and energetic performances, workshops and assemblies
- Grow children’s spiritual, moral, social and cultural development through dance
- Value young people, giving them a voice and allowing them to thrive
Since Covid-19 restrictions eased in schools, our outstanding team of teachers has delivered our education programme reaching communities across England.
We continue to see a high number of requests from schools to deliver dance projects that both fulfil the RE areas of the national curriculum and go beyond to provide additional opportunities for children and teaching staff.
With support from Childs Charitable Trust, Westhill Endowment and The Joseph Sheldon Trust as well as individual donors, we created a new curriculum-based interactive dance theatre and workshop production, PARABLE, which provides schools with visually exciting and imaginative ways to boost children’s engagement with RE. The project addresses a gap in children’s learning, about the life and teachings of Jesus.
The completed project has been universally well-received and began touring across England following the pilot in the Patmore Estate in Battersea in early June 2021. The project introduced learners to the life and teaching of Jesus, and directly addressed issues of social cohesion through exploring the Parable of the Good Samaritan in depth.
_“…they were truly captivated”_
Sarah Collymore NLE, Headteacher, St. George's CE Primary School
_“The children were all engaged and enjoyed the session. Some children that might find it hard to concentrate during RE lessons were focussed on everything that was going on.”_ Year 4 teacher St. George's CE Primary School
_“The children were engaged and having fun throughout. A really original idea that explained the parables in a really visual way that was easy for children to engage with and understand. The children loved the whole experience. It was very engaging for adults too!”_
Teacher at St Chad’s Primary School, Lichfield.
In line with the recovery curriculum, we delivered Back To School Wellbeing Workshops as a response to the call for children’s mental health support following lockdown.
_“The Children absolutely loved these sessions. It was great to see some of our less-confident students joining in with such enthusiasm.”_ Lenia Greenaway Headteacher, St Peter's Infant School
Throughout the year we also delivered our popular Religious Education and Dance workshops and projects including Get Fit Go Green, The Easter Project, The Good Samaritan and The Lost Coin and A Christmas Story: Refugee workshops
_“The staff were amazed at the quality of the dance the children produced. During RE lessons, the children had a better understanding of the Easter story, often referring to the dance moves they used.”_ Melanie Brammer, RE Lead, Buxworth Primary School,
## **In churches, we:**
- Breathe life into scripture and worship with faith-filled, generous, accessible dance
- Help churches reach out to and engage with their local communities through relevant and inspiring performance events
- Share work that is richly expressive of the Christian faith and values
With the majority of churches buildings across the UK closed due to the pandemic, and with restrictions on travel, our touring work for churches was put on hold, with every expectation that we will continue to serve communities in this way as soon as it is possible to do so.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **From our London home, we:**
- Build the next generation of dancers through our training courses
- Connect, nurture and encourage contemporary dance artists
- Share our methods of combining dance and faith with dancers and non-dancers alike
Due to the remaining uncertainty brought about by the Covid-19 pandemic, we made the decision not to run our Elevate Dance training courses from a London base.
In order to respond to the needs of the dance community, we instead moved our training for young professionals online through our Nourish Dance Intensives.
_“As a third year Dance degree student researching into religion and dance, I found the panel discussions particularly useful and Interesting. I've managed to take away valuable information for my research from them.”_ Participant Nourish 2020
_“Thank you! I attended, unsure what it would be like, and found myself delving in and booking more classes as the weekend went on. It brought a deeply refreshing boost to keep dancing, and left me keen to further different avenues that I'd discovered and learnt about over the weekend. It was a truly wholesome weekend from the inside out, and from my head to my toes.”_ Participant Nourish 2021
## **In theatres, we:**
- Engage intergenerational audiences with visually exciting, imaginative and moving dance theatre
- Create playful, joyful, heart-warming stories
- Work collaboratively to deliver high quality dance and theatre experiences for everyone
- Lead story focused dance workshops for all ages
With the outlook for UK theatres uncertain at the end of the year, we made the decision to pause our touring work for theatres, and instead focus on making performance work for schools where we could reach a wider audience through PARABLE.
## **Profile Raising and Awareness**
Company staff have continued to build the following on social media through Facebook, Twitter and Instagram. As at 31 August 2021, Facebook had a reach of 24,657 and our followers numbered 2,612. Instagram saw an increase to 1,133 followers. Twitter followers numbered 725 and our Elevate Dance Company Facebook page had 268 followers. YouTube continues to be a valuable tool in increasing public awareness of the Company with 1,315 views this year, and we have continued to use Facebook and Instagram advertising to reach a wider audience.
We have continued to develop and strengthen our relationships with various church networks across the UK, including the Church of England Diocesan areas, as well as the Methodist, Baptist and Churches Together Networks. In order to grow our education programme, we have continued to work on building relationships with the Diocesan Education Teams as well as the Arts Council Bridge Organisations.
We have continued to develop our website and database, which have allowed us to reach a much greater audience by increasing our Google search ratings, as well as enabling us to disseminate information and digital mail-outs more efficiently.
## **Other**
In preparing this report the Trustees have given due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Financial Review**
## **Reserves policy**
In reflection of a financial period with a small surplus on the general fund, the Trustees are able to continue to maintain a policy of sustaining free reserves that are no less than three months and no more than five months of operating costs, together with an allocation to cover redundancy payments should the organisation cease to operate. As the company van has now been sold the free reserves also need to cover the cost of purchasing a suitable vehicle for touring productions.
Using this calculation, at 31 August 2021, an appropriate level of free reserves is a minimum of £29,020 and a maximum of £37,390 within which the Company seeks to operate. The level of unrestricted funds at 31 August 2021 was £64,688 and the level of free reserves (excluding tangible fixed assets and designated funds) was £42,539, which exceeds the maximum level. The Trustees are happy to operate at this level temporarily due to the ongoing impact of the Covid-19 pandemic, and the uncertain effects that this will have on the following financial year. The Trustees monitor income and expenditure throughout the period and review the reserves policy annually to ensure that the Company is as effective as possible whilst also mitigating the risk of insolvency or serious disruption to its charitable work.
## **Financial Performance**
The Company has had an unusual financial period due to the Covid-19 pandemic, which has impacted many of the Company’s activities and therefore the related income. However due to several support schemes the Company has ended the year positively with a small surplus on the General Fund before transfers to restricted funds.
The remaining £5,000 from the Arts Council England Emergency Grant in the previous year has been fully recognised in these accounts. This was awarded to cover losses resulting from the Covid-19 pandemic and a small teacher training project. The Company also utilised the Government Covid-19 Job Retention Scheme, by furloughing all eligible staff for some time, leading to a saving of approximately £5,522 on staff costs. The income received has been shown as an unrestricted grant. In addition to these two grants, a reduction in rent was agreed which led to a saving of £7,500.
There was a slight fall of 5% in regular monthly giving during the year, and a significantly lower amount of unrestricted one-off donations, due to the company being unable to tour. The Trustees are confident that the current level of regular giving can be sustained and are monitoring this area to ensure that the level of unrestricted core funds is maintained.
Plans are in place to start working on a new production in January 2022. This will use the designated fund created by the legacy received in the previous year.
Neither Elevate Dance Foundation or Elevate Dance Company were able to run this year. There were a few costs relating to Elevate which have been covered by a transfer from the General Fund.
No further purchases were made from the restricted Technical Equipment Appeal Fund during the year, as the company did not tour. The trustees anticipate that this fund will be fully utilised by the end of the following year.
Additional grants for the production of PARABLE were received, and the entire fund was used in the creation of the new interactive production.
The education programme continued to be severely impacted by the Covid-19 pandemic, resulting in a 21% decrease of income to £9,290 (2020: £11,790). The trustees are confident that this is a temporary reduction, as bookings for the current year are significantly higher.
A new initiative that the Company embarked on due to ongoing restrictions was the Nourish Online Intensive, which took place twice during the year. This was very well received and contributed £9,605 to income.
The Company successfully claimed Theatre Tax Relief relating to the prior period of £2,057. The Company expects to submit a claim of £1,765 for the current year, which has been recognised in these accounts. This relates to the production of PARABLE. The quantum of the claim is expected to vary in future years, dependant on the volume of new performance work being created.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Plans for the future**
## **Plans for our work with schools:**
- We continue to meet a high level of demand for cross-curricular Dance, RE and PSHE.
- We continue to help schools deliver key units on Christianity, whilst also supporting children’s spiritual, moral, social and cultural development.
- We will retour PARABLE, our new interactive performance and workshop that reimagines the parables that Jesus told.
- We will deliver “A Christmas Story, Refugee” workshops through which children can make connections between Mary, Joseph and Jesus’ first journey together and the many journeys of refugees taking place across our world today. Delving into these rich depictions of character and events, pupils can investigate the implications the story could have in their own lives and the wider world.
- We will deliver our highly popular Easter Project and other RE and PSHE linked workshops in 2022 and beyond.
## **Plans for our work with churches:**
- We will retour ‘Journey of the Magi’ in 2021 and beyond.
- We are continuing to find ways we can support Christians who are involved in dance through online events such as ‘Nourish 2022’.
- We have moved forward with plans to create a new production for church and cathedral settings, aiming for delivery in 2022.
## **Plans for work from our London base:**
- With more of our work taking place across the country and Elevate courses on hold due to Covid-19, we have decided to move to remote working, hence from September 2021, no longer have a London base.
- Much of our workshop and training programme has moved online and we will develop this further alongside inperson training and workshop activities.
- We are building new partnerships with venues outside of London and are excited to see how those develop.
## **Plans for our work with Theatres:**
- Creating new high-quality performances for intergenerational audiences is a priority for us. Following on from The Magic Paintbrush, and in response to the sector demand of quality dance for children and families we continue to develop new touring productions. After a successful micro research project with Beatboxer Randolph Matthews and choreographer Heather Richmond, and having developed the highly interactive PARABLE, we continue to look at how we can develop our productions in ways that allow a greater element of play between audience and performers, letting everyone have their voice heard.
## **Plans for profile raising and awareness:**
- We have increased our international online presence since the launch of ‘Nourish’ and plans are underway for future online events.
- We plan to increase our video material published.
- We will continue to update and develop our national networks and database.
## **We also plan:**
- For our inclusivity focus group to meet regularly to ensure diversity and inclusivity across the company.
- To continue to recruit Trustees who will increase the range of specialist skills and knowledge on the Board, and to have at least one trustee with skills in finance.
- To continue to develop our supporters’ scheme and improve fundraising with a view to addressing the gap between core income and operating costs.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Statement of the Board’s Responsibilities**
The Trustees, who are also the directors of Springs Dance Company, are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations.
Company and charity law requires directors to prepare financial statements for each financial period. The directors have elected to prepare the financial statements in accordance with applicable law and 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 SORP). Under Company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the net income or expenditure of the Company for that period.
In preparing these financial statements, the directors are required to:
- select suitable accounting policies for the Company’s financial statements and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- comply with applicable Accounting Standards subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Company will continue in operation.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the Board of Trustees on 31 January 2022 and signed on its behalf by:
............................................. Toby Beazley, Chair of Trustees
............................................. Kerry Salisbury, Trustee
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF SPRINGS DANCE COMPANY (THE COMPANY)**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021 set out on pages 10 to 21.
## **Responsibilities and basis of report**
As the charity’s trustees (and also its directors 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 (‘the 2006 Act’).
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 examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charites 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records 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 records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of 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 the 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.
Paul Newton FCA JCS Accountants 5 Robin Hood Lane Sutton Surrey SM1 2SW
08 March 2022 Date:
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2021**
|**Notes **
**Income from:**
Donations and legacies
Grants received
**3**
Charitable activities
**4**
Other trading activities
Investments
**Total Income**
**Expenditure on:**
Raising funds
Charitable activities
**5,6**
**Total Expenditure**
**Net (expenditure) / income**
**before tax**
**2**
Tax receivable
**Net income / (expenditure)**
**for the financial period**
**Transfers between funds**
**10**
**Net movement in funds**
**Reconciliation of Funds**
**Total funds brought forward**
**Total funds carried**
**forward**|**2021**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
25,634
-
25,634
8,632
6,420
15,052
22,187
-
22,187
3,523
-
3,523
45
-
45
**60,021**
**6,420**
**66,441**
(1,452)
-
(1,452)
(60,115)
(11,786)
(71,901)
**(61,567)**
**(11,786)**
**(73,353)**
**(1,546)**
**(5,366)**
**(6,912)**
2,141
-
2,141
**595**
**(5,366)**
**(4,771)**
**(5,281)**
**5,281**
**-**
**(4,686)**
**(85)**
**(4,771)**
**69,374**
**745**
**70,119**
**64,688**
**660**
**65,348**|**2020**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**Funds**
**£**
**£**
**£**
52,723
900
53,623
12,657
4,500
17,157
36,236
37,189
73,425
1,395
-
1,395
13
-
13|
|---|---|---|
|||**103,024**
**42,589**
**145,613**|
|||(4,337)
-
(4,337)
(60,502)
(44,876)
(105,378)|
|||**(64,839)**
**(44,876)**
**(109,715)**|
|||**38,185**
**(2,287)**
**35,898**
1,681
-
1,681|
|||**39,866**
**(2,287)**
**37,579**
**(6,472)**
**6,472**
**-**|
|||**33,394**
**4,185**
**37,579**
**35,980**
**(3,440)**
**32,540**|
|||**69,374**
**745**
**70,119**|
All income and expenditure has arisen from continuing operations.
The Company has no recognised gains or losses other than those shown above.
The notes on pages 13 to 21 form part of these financial statements.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REGISTERED COMPANY NUMBER: 06371136 BALANCE SHEET AS AT 31 AUGUST 2021**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**7**
**CURRENT ASSETS**
Debtors
**8**
Cash at bank and in hand
**Creditors: Amounts Falling**
**Due Within One Year**
**9**
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
**10**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
2,409
-
**2,409**
**-**
9,874
60
62,602
600
**72,476**
**660**
**(10,197)**
**-**
**62,279**
**660**
**64,688**
**660**|**2021**
**Total Funds**
**£**
2,409
**2,409**
9,934
63,202
**73,136**
**(10,197)**
**62,939**
**65,348**
64,688
660|**2020**
**Total Funds**
**£**
7,606|
|---|---|---|---|
||||**7,606**
12,551
63,465|
||||**76,016**
**(13,503)**|
||||**62,513**|
||||**70,119**|
||||69,374
745|
|||**65,348**|**70,119**|
For the year ending 31 August 2021, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the Charitable Company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The notes on pages 13 to 21 form part of these financial statements.
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DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY REGISTERED COMPANY NUMBER: 06371136 BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2021**
The trustees, who are also the directors of the Charitable Company, acknowledge their responsibilities for:
- a) Ensuring that the Company keeps accounting records that comply with sections 386 and 387 of the Companies Act 2006; and
- b) preparing financial statements which give a true and fair view of the state of affairs of the Charitable Company as at the end of each financial period and of its net income or expenditure for each financial period in accordance with the requirements of section 396 of the Companies Act 2006 and which otherwise comply with the requirements of the Companies Act 2006 and Charities Act 2011, relating to financial statements, so far as applicable to the Charitable Company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved by order of the Board of Trustees on 31 January 2022 and signed on its behalf by:
.............................................
Toby Beazley, Chair of Trustees
.............................................
Kerry Salisbury, Trustee
## **Registered Company Number: 06371136**
The notes on pages 13 to 21 form part of these financial statements.
Page 12
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
**SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **1. ACCOUNTING POLICIES**
## **1.1 Statutory information**
Springs Dance Company is a private Company, limited by guarantee, incorporated in England & Wales, registration number 06371136. The principal place of business is Ichthus Lee Green, 23 Lampmead Road, London SE12 8QJ.
## **1.2 Basis of preparation of the financial statements**
The individual financial statements of the Company have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in March 2018.
The Charitable Company is a public benefit entity under FRS 102 and therefore the financial statements have also prepared in accordance with the 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 SORP) issued in October 2018 and the Charities Act 2011.
The trustees consider that there are no material uncertainties in relation to the Charitable Company’s ability to continue as a going concern and therefore the Company continues to adopt the going concern basis in preparing its financial statements.
## **1.3 Cash flow exemption**
The Company is exempt from preparing a Statement of Cash Flows under Section 7.1B of FRS 102 in relation to small entities.
## **1.4 Legal status of the charity**
The Charity is a Company limited by guarantee and as such, has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
## **1.5 Income**
All income is recognised in the Statement of Financial Activities once the charity has fulfilled its legal obligations for services provided, it is probable that the income will be received and the amount can be measured reliably.
Income from grants, whether ‘capital’ grants or ‘revenue’ grants, are recognised when the charity has legal entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably and is not deferred to later periods.
Other trading activities is amounts receivable for office services, short term hire of equipment and sale of merchandise and is recognised on the date of hire or sale.
Investment income is interest received on cash at bank and is recognised over the period in which it accrues.
## **1.6 Expenditure**
All expenditure is recognised in the Statement of Financial Activities when there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the same category. Support costs, including payroll costs have been apportioned and allocated to activities based on the most appropriate basis for each category. The apportionment methods used for support costs are disclosed in note 6.
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Page 13
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **1. ACCOUNTING POLICIES (continued)**
## **1.7 Tangible fixed assets**
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided so as to allocate the cost of assets, less their estimated residual value, over their expected useful lives on the following bases:
**----- Start of picture text -----**
Technical Equipment 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 25% Reducing Balance
**----- End of picture text -----**
The assets’ useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains or losses on disposals are determined by comparing the proceeds of the disposal with the carrying amount and are recognised in the Statement of Financial Activities under Income from other trading activities for gains and Expenditure on Charitable activities for losses.
## **1.8 Debtors**
Short term trade and other debtors are recognised at the transaction amount after any trade discounts offered, less any provision for any bad or doubtful debts.
## **1.9 Cash and cash equivalents**
Cash at bank and in hand includes cash and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit account.
## **1.10 Creditors**
Short term creditors are recognised at the transaction amount when the Company has a present obligation resulting from a past event.
## **1.11 Current and deferred taxation**
The Charitable Company is exempt from corporation tax on its charitable activities and therefore does not include a tax expense in its Statement of Financial Activities. The Company therefore is also not required to provide for any deferred taxation liabilities. However, the Charitable Company is eligible to receive a corporation tax credit as a Theatrical Production Company under the provisions of Part 15C Corporation Tax Act 2009 in relation to Theatre Tax Relief.
The Theatre Tax Credit receivable is only recognised in the Statement of Financial Activities when the Charitable Company is virtually certain that the related asset will be received.
## **1.12 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments under FRS 102. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value except for bank loans which are subsequently measured at amortised cost using the effective interest method.
## **1.13 Operating leases as a lessee**
Amounts paid under operating leases are charged to the Statement of Financial Activities on a straightline basis over the lease term.
Page 14
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
**SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **1. ACCOUNTING POLICIES (continued)**
## **1.14 Foreign currency translation**
The Company’s functional and presentational currency is GBP.
The Company has not entered into any foreign currency transactions in the current or preceding period and as such do not have any reported foreign currency exchange gains or losses.
## **1.15 Pensions**
The Company operates a defined contribution pension plan for its employees. A defined contribution plan is one in which the Company pays fixed contributions into a separate entity and therefore once the contributions have been paid, the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Financial Activities when they fall due and amounts not paid are included as a liability in the Balance Sheet. The assets of the pension plan are held separately from the Company in an independently administered fund.
## **1.16 Fund accounting**
Unrestricted general funds can be used in accordance with the charitable objectives of the Company at the discretion of the trustees.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Transfers from the unrestricted general funds into restricted funds arise when the trustees designate unrestricted funds to be used for restricted purposes or to satisfy a deficit on a particular restricted fund.
Transfers from a restricted fund into unrestricted funds only arise in order to transfer the value of tangible fixed assets when the asset has been purchased from restricted funds but is held for a general and not a restricted purpose.
## **2. NET EXPENDITURE / INCOME**
The net expenditure / income is stated after charging/(crediting):
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Depreciation of tangible fixed assets|1,356|2,152|
|Profit on disposal of fixed assets|(2,057)|-|
|Independent examiner’s fees|1,176|1,140|
## **3. GOVERNMENT GRANTS**
Included in Grants Received is £5,000 (2020: £9,000) of revenue grants received from Arts Council England. £4,000 was an Emergency Funding Grant and £1,000 was in relation to the Teacher Training Day.
Also included in Grants Received is £4,632 (2020: £4,657) of revenue grants received under the Coronavirus Job Retention Scheme.
Page 15
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **4. ANALYSIS OF INCOME FROM CHARITABLE ACTIVITIES**
|**4.**
**ANALYSIS OF INCOME FROM CHARITABLE ACTIVITIES**||||
|---|---|---|---|
|**Activity**
**Performances**
**Workshop**
**/ Course**
**Fees**
**Travel**
**costs**
**recharged**
**£**
**£**
**£**
**Touring**
Journey of the Magi
-
-
-
Parable
2,300
-
542
Special events
-
-
-
**2,300**
**-**
**542**
**Education**
Elevate dance course (restricted)
-
-
-
School workshops
-
9,290
450
Open workshops including Nourish
-
9,605
-
**-**
**18,895**
**450**
**TOTAL**
**2,300**
**18,895**
**992**
**5.**
**ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES**
**Activity**
**Activities**
**undertaken**
**directly**
**Support**
**Costs (Note**
**6)**
**£**
**£**
**Touring**
Magic Paintbrush (restricted)
-
1,089
Journey of the Magi
1,242
2,649
Parable (including restricted)
10,455
8,049
Special events
-
260
**11,697**
**12,047**
**Education**
Elevate dance course (restricted)
179
1,386
School workshops
7,137
15,947
Summer course
-
-
Open workshops including Nourish
6,460
17,048
**13,776**
**34,381**
**TOTAL**
**25,473**
**46,428**||**2021**
**Total**
**£**
-
2,842
-
**2,842**
-
9,740
9,605
**19,345**
**22,187**
**2021**
**Total**
**£**
1,089
3,891
18,504
260
**23,744**
1,565
23,084
-
23,508
**48,157**
**71,901**|**2020**
**Total**
**£**
20,557
-
2,181|
||||**22,738**
37,189
12,909
589|
||||**50,687**|
||||**73,425**|
||||**2020**
**Total**
**£**
3,506
34,049
3,415
5,123|
||||**46,093**
36,905
20,013
1,480
887|
||||**59,285**
**105,378**|
Included in the direct expenditure for School workshops is £1,116 from the restricted Arts Council England fund (2020: £1,050 in Special events).
Included in the direct expenditure for Parable is £8,016 from the restricted Parable fund (2020: £524).
The Charity did not make any grant payments to fund third parties to undertake work on the Charity’s behalf in either the current or preceding period.
Page 16
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **6. ANALYSIS OF SUPPORT COSTS INCLUDED IN EXPENDITURE ON CHARITABLE ACTIVITIES**
|**Touring**
**Support cost**
Staff administration costs
Tour Booking
Studio space hire
Equipment storage
Van expenses
Office costs and insurance
Governance costs
**TOTAL**
**Education**
**Support cost**
Staff administration costs
Tour booking
Studio space hire
Equipment storage
Van expenses
Office costs and insurance
Governance costs
**TOTAL**|**Magic**
**Paintbrush**
**(restricted)**
**Journey of**
**the Magi**
**Parable**
**£**
**£**
**£**
-
520
2,602
-
1,402
1,992
1,089
-
-
-
727
-
-
-
480
-
-
2,633
-
-
342
**1,089**
**2,649**
**8,049**
**Elevate**
**dance**
**course**
**(restricted)**
**School**
**workshops**
**£**
**£**
780
7,806
-
3,985
-
-
606
-
-
1,166
-
2,580
-
410
**1,386**
**15,947**|**Parable**
**£**
2,602
1,992
-
-
480
2,633
342|
**Special**
**events**
**£**
260
-
-
-
-
-
-
**260**
**Open**
**workshops**
**including**
**Nourish**
**£**
12,751
-
-
-
1,205
2,668
424
**17,048**|**2021**
**Total**
**£**
3,382
3,394
1,089
727
480
2,633
342
**12,047**
**2021**
**Total**
**£**
21,337
3,985
-
606
2,371
5,248
834
**34,381**|**2020**
**Total**
**£**
10,599
2,924
1,050
1,663
3,764
1,717
329|
|---|---|---|---|---|---|
|||**8,049**|||**22,046**|
||||||**2020**
**Total**
**£**
9,156
3,721
8,470
554
-
4,223
811
**26,935**|
## **Methods used for apportionment of support costs**
## **Support cost**
## **Basis of allocation**
Staff administration costs
Estimated time spent per timesheets
Tour booking
Estimated time spent per timesheets
Studio space hire
Number of days used
Equipment storage
Estimated space used
Van expenses Total fee income (2020: Actual mileage) Office, Insurance & Governance Costs Total fee income
Page 17
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **7. TANGIBLE FIXED ASSETS**
|**Technical**
**Equipment**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Computer**
**Equipment**
**£**
**£**
**£**
**£**
**Cost**
As at 1 September 2020
6,099
10,919
1,319
1,375
Additions
-
-
-
-
Disposals
-
(10,919)
(1,319)
(789)
As at 31 August 2021
**6,099**
**-**
**-**
**586**
**Depreciation**
As at 1 September 2020
3,008
6,721
1,168
1,209
Charge for the year
774
524
23
35
Disposals
-
(7,245)
(1,191)
(750)
As at 31 August 2021
**3,782**
**-**
**-**
**494**
**Net Book Value**
As at 31 August 2021
**2,317**
**-**
**-**
**92**
As at 31 August 2020
3,091
4,198
151
166
**8.**
**DEBTORS**
**2021**
**£**
**Due within one year**
Trade debtors
2,822
Prepayments and accrued income
1,401
Corporation tax receivable
3,822
Other debtors
1,889
**9,934**
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2021**
**£**
Trade creditors
1,522
Accruals
1,738
Deferred income
3,950
Taxation and social security
2,987
**10,197**|**Technical**
**Equipment**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Computer**
**Equipment**
**£**
**£**
**£**
**£**
6,099
10,919
1,319
1,375
-
-
-
-
-
(10,919)
(1,319)
(789)|**Technical**
**Equipment**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Computer**
**Equipment**
**£**
**£**
**£**
**£**
6,099
10,919
1,319
1,375
-
-
-
-
-
(10,919)
(1,319)
(789)|**Total**
**£**
19,712
-
(13,027)
**6,685**
12,106
1,356
(9,186)
**4,276**
**2,409**
7,606
**2020**
**£**
400
5,084
1,681
5,386|
|---|---|---|---|
||**6,099**
**-**
**-**
**586**|||
||3,008
6,721
1,168
1,209
774
524
23
35
-
(7,245)
(1,191)
(750)|||
||**3,782**
**-**
**-**
**494**|||
||**2,317**
**-**
**-**
**92**|||
||3,091
4,198
151
166|||
|||**2021**
**£**
2,822
1,401
3,822
1,889
**9,934**
**2021**
**£**
1,522
1,738
3,950
2,987
**10,197**||
||||**12,551**|
||||
**2020**
**£**
1,141
3,751
8,542
69
**13,503**|
Page 18
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **10. MOVEMENT IN FUNDS**
|**0. MOVEMENT IN FUNDS**|||||
|---|---|---|---|---|
|**Unrestricted funds**
General fund
Designated fund: legacy
**Total unrestricted funds**
**Restricted funds**
Elevate dance course
Magic Paintbrush
Technical equipment appeal
Parable
Arts Council England
**Total restricted funds**
**TOTAL FUNDS**|**As at 1**
**September 2020**
**£**
49,374
20,000
**69,374**
-
-
660
85
-
**745**
**70,119**|**Net income /**
**(expenditure)**
**£**
855
(260)
**595**
(1,565)
(1,089)
-
(2,596)
(116)
**(5,366)**
**(4,771)**|**Transfers**
**between funds**
**£**
(5,281)
-
**(5,281)**
1,565
1,089
-
2,511
116
**5,281**
**-**|**As at 31**
**August 2021**
**£**
44,948
19,740|
|||||**64,688**
-
-
660
-
-|
|||||**660**|
|||||**65,348**|
A transfer of £139 was made from the General Fund to the Elevate dance course fund to reflect the expenditure covered by the Coronavirus Job Retention Scheme Grant.
All other transfers were made from the General fund to restricted funds which would otherwise have been in deficit.
Net movement in funds included in the above, are as follows:
|**Unrestricted funds**
General fund
Designated fund: legacy
**Total unrestricted funds**
**Restricted funds**
Elevate dance course
Magic Paintbrush
Technical equipment appeal
Parable
Arts Council England
**Total restricted funds**
**TOTAL FUNDS**|**Income**
**£**
62,162
-
**62,162**
-
-
-
5,420
1,000
**6,420**
**68,582**|**Expenditure**
**£**
(61,307)
(260)
**(61,567)**
(1,565)
(1,089)
-
(8,016)
(1,116)
**(11,786)**
**(73,353)**|**Net income /**
**(expenditure)**
**£**
855
(260)|
|---|---|---|---|
||||**595**
(1,565)
(1,089)
-
(2,596)
(116)|
||||**(5,366)**
**(4,771)**|
Page 19
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **10. MOVEMENT IN FUNDS (continued)**
## **SUMMARY OF MOVEMENT FOR THE PRIOR PERIOD**
|**Unrestricted funds**
General fund
Designated fund: legacy
**Total unrestricted funds**
**Restricted funds**
Elevate dance course
Magic Paintbrush
Technical equipment appeal
Parable
Arts Council England
**Total restricted funds**
**TOTAL FUNDS**|**As at 1**
**September 2019**
**£**
35,980
-
**35,980**
(6,259)
-
2,819
-
-|**Net income /**
**(expenditure)**
**£**
19,866
20,000
**39,866**
1,184
(3,506)
-
85
(50)|**Transfers**
**between funds**
**£**
(6,472)
-
**(6,472)**
5,075
3,506
(2,159)
-
50|**As at 31**
**August 2020**
**£**
49,374
20,000|
|---|---|---|---|---|
|||||**69,374**
-
-
660
85
-|
||**(3,440)**
**32,540**|**(2,287)**
**37,579**|**6,472**
**-**|**745**|
|||||**70,119**|
The movement in the technical equipment appeal consists of an allocation of capital expenditure of £2,159 in the year from the General fund. Transfers of £1,438 and £193 were made from the General Fund to the Elevate dance course fund and the Magic Paintbrush fund respectively to reflect the expenditure covered by the Coronavirus Job Retention Scheme Grant.
All other transfers were made from the General fund to restricted funds which would otherwise have been in deficit.
Net movement in funds included in the above, are as follows:
|**Unrestricted funds**
General fund
Designated fund: legacy
**Total unrestricted funds**
**Restricted funds**
Elevate dance course
Magic Paintbrush
Technical equipment appeal
Parable
Arts Council England
**Total restricted funds**
**TOTAL FUNDS**|**Income**
**£**
84,705
20,000
**104,705**
38,089
-
-
3,500
1,000
**42,589**
**147,294**|**Expenditure**
**£**
(64,839)
-
**(64,839)**
(36,905)
(3,506)
-
(3,415)
(1,050)
**(44,876)**
**(109,715)**|**Net income /**
**(expenditure)**
**£**
19,866
20,000|
|---|---|---|---|
||||**39,866**
1,184
(3,506)
-
85
(50)|
||||**(2,287)**
**37,579**|
Page 20
DocuSign Envelope ID: AF83336D-025A-4889-846E-BB5B51BD192D
## **SPRINGS DANCE COMPANY**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
## **10. MOVEMENT IN FUNDS (continued)**
## **Name of fund Description, nature and purpose of the fund**
## **Unrestricted Funds**
General Fund All funds which are not designated or restricted Designated Fund: Legacy Legacy received in the year ended 31 August 2020 which has been ring-fenced to create new dance works
## **Restricted Funds**
Elevate dance course To train students in dance Magic Paintbrush To produce and tour the Magic Paintbrush Technical equipment appeal To purchase technical equipment necessary for productions Parable To create a new interactive performance and workshop that reimagines the parables that Jesus told
Arts Council England To carry out research and development and teacher training during lockdown
## **11. STAFF COSTS**
|Wages and salaries
Cost of defined contribution pension schemes|**2021**
**£**
24,670
435
**25,105**|**2020**
**£**
25,581
258|
|---|---|---|
|||**25,839**|
A total of £4,632 (2020:£4,657) was claimed under the Coronavirus Job Retention Scheme to help fund staff costs.
The employee benefits received by key management personnel were £18,632 (2020:£18,872)
The average number of employees was:
|e average number of employees was:|||
|---|---|---|
||**2021**|**2020**|
|Average monthly part-time employees|3|3|
|Average number of part-time subcontractors|9|12|
## **12. TRUSTEES’ REMUNERATION AND BENEFITS**
No trustees received any remuneration or other benefits for the year (2020: £Nil). No trustees were reimbursed for expenses in the year. Two trustees were reimbursed £83 for travel expenses in the previous year.
Page 21