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|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||
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|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.||||||||
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||||||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|||||||||
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|||||||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|
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|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|
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|||||||||
|---|---|---|---|---|---|---|---|
|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|
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|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|
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|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|
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|||||||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)|
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|||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)|
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