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2025-03-31-accounts

Charity registration number 1156898 (England and Wales)

U DO IT! DANCE FOUNDATION

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

U DO IT! DANCE FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees A Orge
D Evans
S Dibley
M Guinibert
Charity number (England and Wales) 1156898
Registered office Millgrove House
Parc Ty Glas
Llanishen
CF14 5DU
Independent examiner Darren Harding ACA FCCA DChA
Richard Place Dobson Services Limited
Ground Floor
1-7 Station Road
Crawley
West Sussex
RH10 1HT

U DO IT! DANCE FOUNDATION

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 16

U DO IT! DANCE FOUNDATION

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's constitution, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

UDOIT continues to work closely with, and is supported by, the United Dance Organisation (UDO) Limited who founded UDOIT! Dance Foundation in 2014. A Partnership Agreement has been implemented to recognise the start up, current and future relationships between the two organisations.

The objects of UDOIT are:

The objectives are achieved by working with likeminded partner organisations, individuals and grant funders, including, but not exclusively with UDO, Sport Wales, Sport England, MK Community Foundation, Millenium Fund and Sheffield City Council Fund, to harness the unique power of dance and in particular StreetDance to be used as an intervention for those in disadvantaged situations to:

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

UDOIT! continues to deliver inclusive dance opportunities for children and young people from under-privileged communities and local schools.

A detailed activity report for the year ended 31 March 2025 is prepared separately and is available on request from the charity.

Financial review

Finance Policies have been reviewed and a formal reserves policy is being planned beyond the support of the Partnership Agreement, through the Audit, Governance & Risk Committee on behalf of the Trustees. As at 31 March 2025, the charity held net deficit reserves of £16,150 (2024: £16,291 deficit).

The Trustees confirm that no trustee is a custodian of any funds.

Alp Orge a trustee and acting CEO - provided consultancy services during this financial year.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

page 1

U DO IT! DANCE FOUNDATION

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

UDOIT! Dance foundation is a Registered Charitable Incorporated Organisation (CIO). It is an autonomous organisation with its own constitution, first adopted on 1 May 2014 as amended on 30 May 2018.

The trustees who served during the year and up to the date of signature of the financial statements were:

A Orge D Evans S Dibley M Guinibert I Montgomery (Resigned 31 March 2025) J Dehaney (Resigned 26 August 2025)

When new trustees are appointed, the current trustees ensure that the board of trustees have the right balance of skills, knowledge and experience to ensure the original intentions and objectives of UDOIT are maintained within an independent, transparent and suitably governed organisation.

The trustees have formally met at regular intervals during the period with minutes recorded including actions and agreements.

Governance Code

UDOIT are following the Code of Sport Governance Tier 2a as required by Sport England and have ensured that all expectations of that code have been met.

An Audit, Governance & Risk Committee is in place to closely oversee Financial, Governance and Risk matters on behalf of the trustees. This committee meets quarterly and reports to the Trustees.

The trustees' report was approved by the Board of Trustees.

Trustee Date: ? : 7../. Q././.l.{ ..... .

page 2

U DO IT! DANCE FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF U DO IT! DANCE FOUNDATION

I report to the trustees on my examination of the financial statements of U Do It! Dance Foundation (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

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 that in any material respect:

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 financial statements to be reached.

Darren Harding ACA FCCA DChA

Richard Place Dobson Services Limited Ground Floor 1-7 Station Road Crawley West Sussex RH10 1HT Date: ............................28/01/2026

page 3

U DO IT! DANCE FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
9,870
-
Charitable activities
4
77,981
117,543
Investments
5
63
-
Total income
87,914
117,543
Expenditure on:
Raising funds
6
216
-
Charitable activities
7
71,803
133,297
Total expenditure
72,019
133,297
Net income/(expenditure) and
movement in funds
15,895
(15,754)
Reconciliation of funds:
Fund balances at 1 April 2024
(32,045)
15,754
Fund balances at 31 March 2025
(16,150)
-
Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
9,870
-
-
195,524
152,890
125,476
63
179
-
205,457
153,069
125,476
216
216
-
205,100
188,920
109,722
205,316
189,136
109,722
141
(36,067)
15,754
(16,291)
4,022
-
(16,150)
(32,045)
15,754
Total
2024
£
-
278,366
179
278,545
216
298,642
298,858
(20,313)
4,022
(16,291)

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

page 4

U DO IT! DANCE FOUNDATION

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Current assets
Stocks 12 - 2,850
Debtors 13 - 26,549
Cash at bank and in hand 4,785 2,749
4,785 32,148
Creditors: amounts falling due within one 15
year (18,935) (28,569)
Net current (liabilities)/assets (14,150) 3,579
Creditors: amounts falling due after more
than one year 16 (2,000) (19,870)
Net liabilities (16,150) (16,291)
The funds of the charity
Restricted funds 19 - 15,754
Unrestricted funds 20 (16,150) (32,045)
(16,150) (16,291)

lJ/.0 ! /.?. {

The financial statements were approved by the trustees on

Trustee

page 5

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

U Do It! Dance Foundation is a public benefit entity with registered office Millgrove House, Parc Ty Glas, Llanishen CF14 5DU.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's constitution, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The trustees continue to adopt the going concern basis of accounting in preparing the financial statements. UDO Limited have agreed to underwrite the charity to the value of £25,000.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Donations, grants and fundraising income are included in the year in which they are receivable, which is when the charity becomes entitled to the resource unless performance conditions require deferral of the amount.

Incoming resources from charitable activities, which is made up from project income and events income is recognised in the accounts in the year in which it is receivable.

page 6

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to 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. Expenditure is classified under the following activity heading:

Expenditure on charitable activities includes the costs of projects and events and their associated support costs.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include premises and office related costs which support the charity's activity. These costs have been allocated to expenditure on charitable activities.

Governance costs include those incurred in the governance by the trustees of the charity's assets and are primarily associated with constitutional and statutory requirements of operating the charity. Governance costs are included within support costs and allocated to charitable activity costs.

1.6 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Financial liabilities classified as payable within one year are not amortised.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

page 7

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.9 Taxation

The charity is exempt from tax on its charitable activities.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Donations and gifts
Income from charitable activities
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Project
Performance related grants
40,000
117,543
Other income
37,981
-
77,981
117,543
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
9,870
-
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
157,543
68,373
125,476
193,849
37,981
84,517
-
84,517
195,524
152,890
125,476
278,366
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
9,870
-
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
157,543
68,373
125,476
193,849
37,981
84,517
-
84,517
195,524
152,890
125,476
278,366
Total
2024
£
193,849
84,517
278,366

4 Income from charitable activities

page 8

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

4 Income from charitable activities Performance related grants analysis

(Continued)

5
6
Project
Project
2025
2024
£
£
Sport Wales
97,647
82,000
StreetGames
2,500
-
HAF income
40,000
66,373
Millenium Fund
-
2,492
Sport England Small Grants
-
15,000
MK Community Foundation
7,781
5,984
Sheffield City Council Fund
-
20,000
John Lewis Sponsorship
-
2,000
Heart of Bucks Community Foundation
9,615
-
157,543
193,849
Income from investments
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Interest receivable
63
179
Raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Other fundraising costs
216
216
216
216
Project
2024
£
82,000
-
66,373
2,492
15,000
5,984
20,000
2,000
-
193,849
216

page 9

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

7 Expenditure on charitable activities

Direct costs
Staff costs
Insurance
Merchandise
Consultancy
Development and delivery
Staff training
Events
Website costs
Bad debt
Share of support and governance costs (see note 8)
Support
Governance
Analysis by fund
Unrestricted funds
Restricted funds
Support costs allocated to activities
Sundry costs
Bank charges
Loan interest
Office & computer costs
Travel
Governance costs
Analysed between:
Project
Project
2025
£
114,250
1,898
2,948
5,625
68,173
-
913
355
400
194,562
6,394
4,144
205,100
71,803
133,297
205,100
2025
£
4,997
49
362
727
259
4,144
10,538
10,538
Project
2024
£
163,525
1,507
3,945
24,000
98,272
323
-
-
-
291,572
3,100
3,970
298,642
188,920
109,722
298,642
2024
£
2,513
29
558
-
-
3,970
7,070
7,070

8 Support costs allocated to activities

Governance costs include payments to the independent examiners of £2,790 for accounts preparation and the Independent Examination, and £1,354 for payroll services (2024: £2,772 for accounts preparation and Independent Examination, and £1,198 for payroll services).

page 10

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or expenses from the charity during the year.

One of the trustees did receive consultancy fees, the details of which can be seen in note 20 to the financial statements.

10 Employees

The average monthly number of employees during the year was:

The average monthly number of employees during the year was:
2025 2024
Number Number
4 7
Employment costs 2025 2024
£ £
Wages and salaries 107,233 147,238
Social security costs 4,673 13,416
Other pension costs 2,344 2,871
114,250 163,525
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2025 2024
£ £
Aggregate compensation 43,311 57,705
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Stocks
2025 2024
£ £
Finished goods and goods for resale - 2,850

page 11

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

13 Debtors

Amounts falling due within one year:
Trade debtors
Prepayments
2025
£
-
-
-
2024
£
22,932
3,617
26,549

14 Loans and overdrafts

Bank loans
Other loans
Payable within one year
Payable after one year
2025
£
10,000
-
10,000
8,000
2,000
2024
£
18,000
9,870
27,870
8,000
19,870

The bank loan is a bounce back loan from the bank over a term of 70 months with an interest rate of 2.5%pa. The first 12 months of interest is covered by the UK Government's Business Interruption payments. No loan repayments are required in the first 12 months of the loan being taken out. The first repayment was made on 5th July 2021.

The other loan of £9,870 was provided by UDO Ltd who did not charge interest on the loan. During the year ending 31 March 2025, UDO Ltd agreed to write off the loan in full.

15 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Notes
Bank loans
14
Other taxation and social security
Deferred income
17
Trade creditors
Other creditors
Accruals
2025
£
8,000
1,714
1,472
2,565
838
4,346
18,935
2024
£
8,000
3,006
8,350
2,830
591
5,792
28,569

page 12

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

16
Creditors: amounts falling due after more than one year
Notes
Bank loans
14
Other borrowings
17
Deferred income
Other deferred income
2025
£
2,000
-
2,000
2025
£
1,472
2024
£
10,000
9,870
19,870
2024
£
8,350

At 31 March 2025, £1,472 had been received in respect of HAF programmes for the 2025 Easter holidays (2024: £8,350 relating to HAF programmes for the 2024 Easter holidays).

Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025
18
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
2025
£
1,472
8,350
(8,350)
1,472
1,472
2025
£
2,344
2024
£
8,350
-
-
8,350
8,350
2024
£
2,871

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

page 13

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2024 Incoming Resources At 31 March
resources expended 2025
£ £ £ £
StreetGames UK - 2,500 (2,500) -
Sports Wales - 97,647 (97,647) -
Millenium Fund 2,492 - (2,492) -
Sport England Small Grants 13,262 - (13,262) -
Heart of Bucks Community Foundation - 9,615 (9,615) -
MK Community Foundation 2024 - 7,781 (7,781) -
15,754 117,543 (133,297) -
Previous year: At 1 April 2023 Incoming Resources At 31 March
resources expended 2024
£ £ £ £
Sports Wales - 82,000 (82,000) -
Millenium Fund - 2,492 - 2,492
Sport England Small Grants - 15,000 (1,738) 13,262
MK Community Foundation 2023 - 5,984 (5,984) -
Sheffield City Council Fund - 20,000 (20,000) -
- 125,476 (109,722) 15,754

page 14

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

(Continued)

StreetGames - Funding was awarded to deliver a targeted programme for the Confidance programme building across areas of deprivation in Milton Keynes.

Sport Wales - Funding provided to support UDOIT! in providing and growing Streetdance participation and associated programmes across Wales in line with SW strategy. Funding includes staff, core and delivery funding.

Millennium Fund - Funding towards the Cardiff Particip8 Youth programme.

Sport England Small Grants - Funding was awarded to deliver a targeted programme for street dance participation and confidence building across areas of deprivation in Milton Keynes.

MK Community Foundation 2023 - To deliver the Streetdance I AM (mental health support programme) to young people within secondary schools in Milton Keynes.

Sheffield City Council Fund - To deliver street dance participation programmes for young people across deprived areas of Sheffield.

Heart of Bucks Community Foundation - To deliver a Community Safety Knife Crime Intervention programme to young people across the Bucks Area.

MK Community Foundation 2024 - To deliver a Street Dance Knife Crime Intervention programme to young people across the MK Area (part of the High Sheriff's Community 1st grant).

20 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024 Incoming Resources At 31 March
resources expended 2025
£ £ £ £
General funds (32,045) 87,914 (72,019) (16,150)
Previous year: At 1 April 2023 Incoming Resources At 31 March
resources expended 2024
£ £ £ £
General funds 4,022 153,069 (189,136) (32,045)

page 15

U DO IT! DANCE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

21 Analysis of net assets between funds

Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 March 2025:
Current assets/(liabilities) (14,150) - (14,150)
Long term liabilities (2,000) - (2,000)
(16,150) - (16,150)
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 March 2024:
Current assets/(liabilities) (12,175) 15,754 3,579
Long term liabilities (19,870) - (19,870)
(32,045) 15,754 (16,291)

22 Related party transactions

During the year ending 31 March 2025, one of the trustees Alp Orge received £5,625 (2024: £24,000) for his role as the acting CEO.

Additionally, during the year the charity incurred £355 of website-related expenses with Tempest Sports Group, a company in which Alp Orge is also a director.

page 16