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2022-04-05-accounts

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Typeofgvrningdocument Constituti*n
,it'
Huw theharityl estif;td Trust
:
Trustsgstctinrnttlrds Appointed
Additionalgcvernance issues {Optionalinformationl
Ytumaychoosetoinclude
additianal inlarmalion,where
relevanl,about:
*policies andprscedures
adopted forthe inductionand
trainingof trustee$;
,*the charity'scr$anisational
structursandanYwider
nelworkwlthwhich thecharitY
works;
.relati*shipwlth any rlated
parties;
.IrusIeBS'COnSiOerationof
major risks andthesystern
and pr*cedures tarftanage
them.
DPA is a charitybasedPei-forming ArtsAcademy thatthrivesonthe
apportunityto sharetheexcitingwcrldofperforming with varied groupscf
children,youngpopland adults.Ouraimist*provideansilscing
educaticnanrJtrainingthatwill preparestudentsforihefuture.We
currentlyare abte tooffer classesinDrarn&, Singing, MusicalTheatre,
Ballet,Tap,Modern, Jatrz,Strn*tdanceanrJalscprivatetuitian,
Sue to Covid1Sweh*vehadto closeaur scholarship offersdown
currently butwsfrrehpingtobeable to apptyfr"fundingtothe arts
Cnunclttcneatea yeariongprojetthat enables ust*fuilyfund15
$ummaqyof thernain daneers to attendamonthlypr*gramrfie.
aciiviiissuncier-iakenforthe
publicbenefit in relation to Wehavecontinuedto grokvDlSPerforrningArtsColtegew*rkingin
these objects {include within
thissectionthestatutory
declaration that trusteeshave
partnershipwithflastCoast College.Offeringa fulftimeBTIC
Quatificationfromour studios"We have15students andthis bringsin an
additionalincameeachyear off48,75fi.ftafsmakesus cfthe studias
had regard tothaguidance thatwerent between $amand3:30prr:.
issusdby the Charity
Carrrmission on public
benefit)
Wehave startedtorntthespacein thedaytimetovariousgroupsata
rate oft20perh
uregainthisisagreat additiona!incomef*rus.
Wehave started to recruit morestudents sincethepandemicandare
hoping to head baekautint*thecommunity in242212023..
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further statements, whars
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|$ummary of themain
achievennentsof thecharitY
duringtnyear|iiiisyearmaintyduetalimitg.dresour"cesbut
have stillbeenableto
fferscholarship ofur"recfassprstudenttlcal
vcll|.jperrlbyreinrrestingrlnssfer'$.Without thisftldingselerted
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children wouldnot haveb
nahle to access and attend ciassesatfrPA| |---|---| ||Perfnrming ArtsAcadrY"| ||ilueto Covid wehavn'tstaged any produetias but didcratcsome| ||nlineontentanrJrunfrseifundsci classesonZoom'| ||We have builf backup to afulltirnetableoffsring over7eiasssatrueek"| ||Wehavecsntinuedtohireoutcurennptystudio space duringthdaytirnc| ||ndSaturdaymornings.| ||Wehaveseenincomedecreasethisyear but are building ftlndsin
re$ervebycuttingcostsandtheSTfiCisthriving snce again duetour
siltinuedpartneishipwithEastCoastCllege.We nowhav15F{JLL
TIMEStudents.TheD16PerfornringArts College coursekensthe| ||studiorunningthroughoutthedayndalso givesour freeiancefutors| ||almast fulltime hours.| ||Thestudia continuestorun with allfreelfrncestaffwhichnsllrsswecan| ||continuetoffra fullprogrammefclasses and a variety ofteachers| ||throughout term timewithoutthe pressilrss of salaried staffi'nthecfuseej'| ||period s.| ||Wearefstdregisteredandhad alvonderfulSumrnor offering
workshopswiththe HAFprogrammewedeliveredwarkshops basedon
rnusicalsandmovies to keep childrenbusywhilstparents areatwork cr| ||togivethemsometinre
wayfrorn horneandthis ensure$weare| ||bringingincomeintcthestudio12 months of the year"Agxin enabtingus| ||toreinvest intu scholarshiPs.|

Section AReceipts AReceipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Totalfunds Lastyear
to the nearest
g
to thenearestf to thenearestt to thenearestf to thenearest f
A1Receipts
Fees received 126,49{ 126,49'l 47,2A7
Collegeincome 19,526 '19,526 32,912
Grant income 8,467 8,467 t 9,907
Other revenue 3,398 3,398 548
lnterest 2
Su& tatal{Grossincomefor
AR)
157,882 157,882 {00,576
A2Asset and investmentsales,
(seetable).
Su0total
rotatreceipo@l l-l l.T1 I
rsz,sezl
l-?TI
94,072 61,802
51,371 33,{91
Sub total 141,#3 94,993
A4Asset and investment
urchases, (seetable)
:
Su0 tatal n nl
Totatpayrnenfsrc -tn
mmrc
---
IYefofreceipts(payments)
A5Transfers between funds
t-t!-l
A6 Cashfundslastyear end
Casfi fundsthis ,lear end -
-
--G
Unrestricted Restricted Restricted Endowment
B1Cashfunds ffitmEm
Bankbalances
Receivable
funds
tonearestf
funds
tonearestf
reFF
I
z+,eo+ll ll
funds
tonearestf
I
Iofafcastl funds re--
(agree balances withreeiptsand payments
account{s}
Unrestricted Restricted Endowment
funds funds funds
ffistails tonearest € to nearest € tonearestE
BZOtherrnonetary assets Trade debtors 6,037
**talls Fundto which
asset belonqs
Cost (optional) Currentvalue
83 Investmentassets
-n
!l
ffieta*f;s Fundto which Cost (optional) Gurrent value
B4Assetsretainedfor the
charity's ownuse
Fundto which Amountdue Whendue
B5Liabilities
Signed by one or two trustees on
behalf of all the trustees
Signature PrintName
i'{.tq*€ru'-ft-tr^,#ilL
CCXX R2 accounts($S) 11t45ft022

Page
Business information 3
Approvalofthe accaunts 4
Accountants' report 5
Profit and loss account Ab
Notes ta the accounts 7

292?, 2s21
fi f
Turnover 14S,415 80,667
Costof sales {s0,072} {61,802)
Grossprofit 59,343 18,865
Otherbusines*income 8,467 'lg,s0g
Expense$
Wages, salaries and other staff cssts 40 30
Car,van and travel expenss$ 2,874 2,7:65
Rent,rate$,powsr and insurance costs 23,S30 15,gSS
Repairs and renewals of property and equipment 12,018 1,435
Phone,fax, stationery and other office costs 7,029 8,001
Advertiing and businessenteainmentcosts 1,162 2,395
Bank, credit card and other financial charges 594 219
Accountancy,Iegaland stherprofessionslfees 2,345 1,161
Other bu*ines$ expen$ss 1,080 1,Sgg
51,371 33,191
Profit 16,439 5,583