| Contents | ||
|---|---|---|
| Page | ||
| Company Information |
||
| Report ofthe Trustees | 2 —10 | |
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | 12 |
| Balance Sheet | 13 - 14 | |
| Notes to the Financial Statements | 15-23 |
| SPRINGS DANCE COMPANY | SPRINGS DANCE COMPANY | SPRINGS DANCE COMPANY | SPRINGS DANCE COMPANY | |||
|---|---|---|---|---|---|---|
| COMPANY | INFORMATION | |||||
| FOR THE YEAR ENDED 31 AUGUST 2022 | ||||||
| Company | Number | 06371136 | ||||
| Charity Number | 1136487 | |||||
| Registered | Office | 4 Cedars Close | ||||
| Address | Occold | |||||
| Eye | ||||||
| Suffolk | ||||||
| IP23 7PB | ||||||
| Independent | Paul Newton | |||||
| Examiner | JCSAccountants | |||||
| 5 Robin Hood Lane | ||||||
| Sutton | ||||||
| Surrey | ||||||
| SM1 2SW | ||||||
| Trustees | Mr Toby Beazley | Chair | ||||
| Mr John Chamberlain | resigned | 27'" September 2021 | ||||
| Ms Deborah Cruz-Dunn |
||||||
| Ms Debbie Lee-Anthony | resigned | 27'" September 2021 | ||||
| Mrs Kerry Salisbury | ||||||
| Mrs Emma Gottke | ||||||
| Ms Ulrike Pflanz | appointed | 11'"July 2022 | ||||
| Mr Angus Reger | appointed | 17'"October 2022 | ||||
| Secretary | Mrs Eliza Reger | |||||
| Bankers | The Co-operative Bank |
|||||
| PO Box250 | ||||||
| Skelmersdale | ||||||
| WN8 6WT | ||||||
| Patrons | 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 |
| Trustees | 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'" September | 2021) | |||||
| Ms Deborah Cruz-Dunn |
|||||||
| Ms Debbie Lee-Anthony | (resigned 27'" September | 2021) | |||||
| Mrs Kerry Salisbury | |||||||
| Mrs Emma Gottke | |||||||
| Ms Ulrike Pflanz | (appointed 11'"July |
2022) | |||||
| Staff and Volunteers | |||||||
| Ruth Hughes | Artistic Director | ||||||
| Eliza Reger | Company and Education |
Manager | |||||
| Rebekah Gill |
Finance Manager | ||||||
| Rebecca Bertram | Tour Booker | ||||||
| Naomi Cook | Artistic Consultant | ||||||
| Zoe Tsim | Education Officer (Maternity |
Cover) | |||||
| Anna Matthews | Technical Consultant | ||||||
| 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. |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | Unrestricted Funds |
Restricted Funds |
Total Funds |
Unrestricted Funds |
Restricted Funds |
Total Funds |
||
| Income from: | ||||||||
| Donations and legacies |
25,233 | 10,285 | 35,518 | 25,634 | 25,634 | |||
| Grants received | 50 | 7,000 | 7,050 | 8,632 | 6,420 | 15,052 | ||
| Charitable activities |
46,451 | 46,451 | 22,187 | 22,187 | ||||
| Other trading activities |
1,066 | 1,066 | 3,523 | 3,523 | ||||
| Investments | 24 | 24 | 45 | 45 | ||||
| Total Income | 72,824 | 17,285 | 90,109 | 60,021 | 6,420 | 66,441 | ||
| Expenditure on: |
||||||||
| Raising funds | (1,177) | - | (1,177) | (1,452) | - | (1,452) | ||
| Charitable activities |
5,6 | (95,006) | (17,365) | (112,371) | (60,115) | (11,786) | (71,901) | |
| Total Expenditure | (96,183) | (17,365) | (113,548) | (61,567) | (11,786) | (73,353) | ||
| Net expenditure before tax |
2 | (23,359) | (80) | (23,439) | (1,546) | (5,366) | (6,912) | |
| Tax receivable | 16,771 | 16,771 | 2,141 | 2,141 | ||||
| Net income I(expenditure) | ||||||||
| for the financial period |
(6,588) | (80) | (6,668) | 595 | (5,366) | (4,771) | ||
| Transfers between funds |
10 | 180 | (180) | (5,281) | 5,281 | |||
| Net movement in funds |
(6,408) | (260) | (6,668) | (4,686) | (85) | (4,771) | ||
| Reconciliation of Funds |
||||||||
| Total funds brought | forward | 64,688 | 660 | 65,348 | 69,374 | 745 | 70,119 | |
| Total funds carried | 58,280 | 400 | 58,680 | 64,688 | 660 | 65,348 | ||
| forward |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted Funds |
Restricted Funds |
Total Funds | Total Funds | |||
| FIXEDASSETS | |||||||
| Tangible Assets | 1,998 | 1,998 | 2,409 | ||||
| 1,998 | 1,998 | 2,409 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 25,530 | 25,530 | 9,934 | ||||
| Cash at bank and | in | hand | 44,575 | 400 | 44,975 | 63,202 | |
| 70,105 | 400 | 70,505 | 73,136 | ||||
| Creditors: Amounts Falling Due Within One Year |
(13,823) | (13,823) | (10,197) | ||||
| NET CURRENT ASSETS | 56,282 | 400 | 56,682 | 62,939 | |||
| NET ASSETS | 58,280 | 400 | 58,680 | 65,348 | |||
| FUNDS | 10 | ||||||
| Unrestricted funds |
58,280 | 64,688 | |||||
| Restricted funds | 400 | 660 | |||||
| TOTAL FUNDS | 58,680 | 65,348 |
| The net expe | nditure is |
stated after charging/(crediting): | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Depreciation | oftangible | fixed assets | 652 | 1,356 |
| Profit on disposal offixed assets | (2,057) | |||
| Independent | examiner's | fees | 1,236 | 1,176 |
| 4. | ANALYSIS OF INCOME FROM CHARITABLE | ACTIVITIES | |||||
| Activity | Performances | Workshop ICourse Fees |
Travel costs recharged |
2022 Total |
2021 Total |
||
| F | |||||||
| Touring | |||||||
| Magic Paintbrush | (restricted) | ||||||
| Journey ofthe Magi | 12,280 | 1,050 | 13,330 | ||||
| Parable | 4,600 | 858 | 5,458 | 2,842 | |||
| A Time to Mourn, Dance |
A Time to | 1,020 | 25 | 125 | 1,170 | ||
| Special Events | 300 | 300 | |||||
| 18,200 | 25 | 2,033 | 20,258 | 2,842 | |||
| Education | |||||||
| Elevate Dance Course | |||||||
| (restricted) | |||||||
| School Workshops | 17,600 | 2,528 | 20,128 | 9,740 | |||
| Summer Course 8 Open workshops |
380 | 5,685 | 6,065 | 9,605 | |||
| 380 | 23,285 | 2,528 | 26,193 | 19,345 | |||
| TOTAL | 18,580 | 23,310 | 4,561 | 46,451 | 22,187 | ||
| 5. | ANALYSIS OF EXPENDITURE ON | CHARITABLE ACTIVITIES | |||||
| Activity | Activities undertaken directly |
Support Costs (Note 6) |
2022 Total |
2021 Total |
|||
| F | F | ||||||
| Touring | |||||||
| Magic Paintbrush | (restricted) | 1,089 | |||||
| Journey ofthe Magi | 15,179 | 12,850 | 28,029 | 3,891 | |||
| Parable (including |
restricted) | 5,281 | 1,547 | 6,828 | 18,504 | ||
| A Time to Mourn, | A Time to Dance | ||||||
| (including restricted) |
26,812 | 14,966 | 41,778 | ||||
| Special Events | 758 | 710 | 1,468 | 260 | |||
| 48,030 | 30,073 | 78,103 | 23,744 | ||||
| Education | |||||||
| Elevate Dance Course (restricted) | 60 | 60 | 1,565 | ||||
| School Workshops | 12,858 | 13,626 | 26,484 | 23,084 | |||
| Summer Course 8 Open workshops | 4,239 | 3,485 | 7,724 | 23,508 | |||
| 17,157 | 17,111 | 34,268 | 48,157 | ||||
| TOTAL | 65,187 | 47,184 | 112,371 | 71,901 |
| Touring Support cost |
Journey of the Magi |
Parable | A Time to Mourn, A Time to Dance Special Events |
A Time to Mourn, A Time to Dance Special Events |
2022 Total |
2021 Total |
|
|---|---|---|---|---|---|---|---|
| E | E | F | |||||
| Staff administration | costs | 5,590 | 588 | 11,770 | 588 | 18,536 | 3,382 |
| Tour Booking | 2,922 | 325 | 649 | 81 | 3,977 | 3,394 | |
| Equipment storage |
2,645 | 2,645 | 1,816 | ||||
| Van expenses | 480 | ||||||
| Office costs and Insurance | 1,437 | 538 | 2,162 | 35 | 4,172 | 2,633 | |
| Governance costs |
256 | 96 | 385 | 6 | 743 | 342 | |
| TOTAL | 12,850 | 1,547 | 14,966 | 710 | 30,073 | 12,047 | |
| Education Support cost |
Elevate Dance Course (restricted) |
School Workshops Summer Course &Open Workshops |
2022 Total |
2021 Total |
|||
| F | |||||||
| Staff administration | costs | 7,061 | 2,649 | 9,710 | 21,337 | ||
| Tour booking | 4,139 | 4,139 | 3,985 | ||||
| Equipment storage |
606 | ||||||
| Van expenses | 2,371 | ||||||
| Office costs and Insurance | 2,059 | 710 | 2,769 | 5,248 | |||
| Governance costs |
367 | 126 | 493 | 834 | |||
| TOTAL | 13,626 | 3,485 | 17,111 | 34,381 |
| 7. | TANGIBLE FIXEDASSE | TS | |||
|---|---|---|---|---|---|
| Technical Equipment f |
Computer Equipment F |
Total | |||
| Cost | |||||
| As at 1 September 2021 | 6,099 | 586 | 6,685 | ||
| Additions | 241 | 241 | |||
| As at 31 August 2022 | 6,340 | 586 | 6,926 | ||
| Depreciation | |||||
| As at 1 September 2021 | 3,782 | 494 | 4,276 | ||
| Charge for the year | 629 | 23 | 652 | ||
| As at 31 August 2022 | 4,411 | 517 | 4,928 | ||
| Net Book Value | |||||
| As at 31 August 2022 | 1,929 | 1,998 | |||
| As at 31 August 2021 | 2,317 | 92 | 2,409 | ||
| 8. | DEBTORS | ||||
| 2022 | 2021 | ||||
| f | F | ||||
| Due within one year | |||||
| Trade debtors | 7,005 | 2,822 | |||
| Prepayments and accrued |
income | 1,052 | 1,401 | ||
| Corporation tax receivable |
16,750 | 3,822 | |||
| Other debtors | 723 | 1,889 | |||
| 25,530 | 9,934 | ||||
| 9. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | ||||
| f | |||||
| Trade creditors | 2,890 | 1,522 | |||
| Accruals | 1,679 | 1,738 | |||
| Deferred income |
9,180 | 3,950 | |||
| Taxation and social security | 74 | 2,987 | |||
| 13,823 | 10,197 |
| As at1 | As at1 | As at1 | Net income I | Transfers | Transfers | As at 31 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September f |
2021 | (expenditure) f |
between funds f |
August 2022 f |
||||||||
| Unrestricted funds |
||||||||||||
| General fund |
44,948 | (3,348) | 180 | 41,780 | ||||||||
| Designated fund: |
legacy | 19,740 | (3,240) | 16,500 | ||||||||
| Total unrestricted | funds | 64,688 | (6,588) | 180 | 58,280 | |||||||
| Restricted funds | ||||||||||||
| Elevate Dance Course | (60) | 60 | ||||||||||
| Technical Equipment |
Appeal | 660 | (20) | (240) | 400 | |||||||
| A Time to Mourn, | A | Time to Dance | ||||||||||
| Total restricted | funds | 660 | (80) | (180) | 400 | |||||||
| TOTAL FUNDS | 65,348 | (6,668) | 58,680 | |||||||||
| The transfer from | the Technical | equipment | appeal | fund relates to capital expenditure | off240 in | the year. | ||||||
| A transfer off60 | to | the Elevate | Dance Course fund | was made from the General fund to prevent | a deficit on the | |||||||
| restricted fund. |
||||||||||||
| Net movement in |
funds | included | in the above, are | as follows: | ||||||||
| Income | Expenditure | Net income I (expenditure) |
||||||||||
| f | f | |||||||||||
| Unrestricted funds |
||||||||||||
| General fund |
89,595 | (92,943) | (3,348) | |||||||||
| Designated fund: |
legacy | (3,240) | (3,240) | |||||||||
| Total unrestricted | funds | 89,595 | (96,183) | (6,588) | ||||||||
| Restricted funds | ||||||||||||
| Elevate Dance Course | (60) | (60) | ||||||||||
| Technical Equipment |
Appeal | (20) | (20) | |||||||||
| A Time to Mourn, | A | Time to Dance | 17,285 | (17,285) | ||||||||
| Total restricted | funds | 17,285 | (17,365) | (80) | ||||||||
| TOTAL FUNDS | 106,880 | (113,548) | (6,668) |
| As at1 | Net income I | Transfers | Transfers | As at 31 | ||
|---|---|---|---|---|---|---|
| September 2020 | (expenditure) | between | funds | August 2021 | ||
| F | ||||||
| Unrestricted funds |
||||||
| General fund |
49,374 | 855 | (5,281) | 44,948 | ||
| Designated fund: legacy |
20,000 | (260) | 19,740 | |||
| Total unrestricted | funds | 69,374 | 595 | (5,281) | 64,688 | |
| Restricted funds | ||||||
| Elevate Dance Course | (1,565) | 1,565 | ||||
| Magic Paintbrush | (1,089) | 1,089 | ||||
| Technical Equipment |
Appeal | 660 | 660 | |||
| Parable | 85 | (2,596) | 2,511 | |||
| Arts Council England | (116) | 116 | ||||
| Total restricted funds | 745 | (5,366) | 5,281 | 660 | ||
| TOTAL FUNDS | 70,119 | (4,771) | 65,348 |
| Net movement in |
fu | nds included in the above, |
are as follows: | ||
|---|---|---|---|---|---|
| Income | Expenditure | Net income I (expenditure) |
|||
| f | |||||
| Unrestricted funds |
|||||
| General fund |
62,162 | (61,307) | 855 | ||
| Designated fund: |
legacy | (260) | (260) | ||
| Total unrestricted | funds | 62,162 | (61,567) | 595 | |
| Restricted funds | |||||
| Elevate Dance Course | (1,565) | (1,565) | |||
| Magic Paintbrush | (1,089) | (1,089) | |||
| Technical Equipment |
Appeal | ||||
| Parable | 5,420 | (8,016) | (2,596) | ||
| Arts Council England |
1,000 | (1,116) | (116) | ||
| Total restricted | funds | 6,420 | (11,786) | (5,366) | |
| TOTAL FUNDS | 68,582 | (73,353) | (4,771) |