**REGISTERED CHARITY NUMBER: 1159627**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST MARCH 2022**
## **FOR**
## **ACS DANCE CENTRE**
S.D. Garner + Co Limited Chartered Certified Accountants 92 Station Lane Hornchurch Essex RM12 6LX
**ACS DANCE CENTRE**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**||8||
|**Notes to the Financial Statements**|9|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
**ACS DANCE CENTRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The principal activity of the CIO is the teaching of dance and performing arts to the general public of all ages and abilities from beginners to potential professional dancers and dance teachers.
The objects of the charity are:
- To advance the education of people of all ages in the performing arts, particularly dance, for the benefit of the public, by provision of classes and courses.
- To offer all students the opportunity to gain recognised qualifications and to take part in public performances and competitions.
- To provide teacher training and vocational education to students and teachers to gain recognised teaching qualifications.
Page 1
**ACS DANCE CENTRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
The charity continued to provide high quality dance and performing arts tuition to the general public finally being allowed back into the studio again and off zoom from April 2021. The initial restart endeavored to tempt back students after the pandemic lockdown and start to prepare again for external ISTD Dance examinations, withremote examinations as well as in person exams possible.
Ballroom and Latin competitions resumed with 4 external local competitions well attended by over 60 ACS students from under 6 year olds to our more mature adult dancers. Blackpool Grand finals weekend also resumed in person and a small contingent attended this in November with 2 overall National Winners and 5 top 6 placed finalists.
Student numbers recovered somewhat with a total of 212 school age children attending between the ages of 3 and 21 and increases in adult student numbers. We encouraged regularity for ballroom and ballet with the start of an online block booking system with around 60 adult amateur dancers attending either in regular group classes or private lessons. The teacher training students who completed the practical units of their qualifications over lock down last year, continued with their final observed teaching assessments and since April 2021 have become fully qualified with many others continuing their training to complete.
176 ISTD Dance examinations took place within the year with a 100% pass rate with 98% of students achieving the top grade of between 90 and 100%. This included 10 at vocational level Intermediate, advanced 1 and advanced 2 level, and 15 teacher training unit 4 exams.
Covid measures remained stringent throughout 2021 with "cleaning gaps" within the timetable, limits on numbers per studio, and distance gaps.
Adult classes remained split between studios on an advanced booking system but we were able to add back the social practice as an extra booked event after the class, as all levels are on the same evening now. This system seems to be working well now students are again able to dance with one another.
However during the third Covid wave in December, the decision was made to cancel the Adult Christmas Dance completely, with those who had booked having their bookings refunded or carried forward.
We also felt it safer to zoom the audience for the Childrens Christmas show rather than have the audience attend in person and so the children attended and danced in full lights and costumes and those who had bought tickets to watch in person were given a complimentary DVD of the show instead, this did incur a cost to the studio but was not more than original ticket sales and preferable to refunding all the ticket revenue. The show therefore was a neutral enterprise rather than generating funds.
There were unfortunately no interested teacher training students wanting an intensive course again, however the studio continued to teach the part-time courses in Ballet, Tap and Ballet.
Diana's association with the Royal Opera House continues and ACS is an Associated ROH "Chance To Dance" school, with Diana a "Royal Opera House "Chance To Dance" Dance Artist of the Royal Opera House.
During the Easter holidays ACS hosted the Royal Opera House Chance to dance project, "Easter School" for three days culminating in a videoed performance based on Romeo and Juliet repertoire. There were 30 children from Warren and Woodside Primary Schools in attendance and this was instead of the children attending the Easter school at the Opera House itself. Seven Royal opera House staff plus Diana as an Associate Artist, lead creative dance workshops to choreograph the piece and this was viewed by the children's parents at a screening at the Queens theatre Hornchurch in the Autumn excerpts can also be viewed by the public on a YouTube video about the project.
Four children were then selected to receive bursary classes at ACS for 2021-2022 funded by ACS and the Royal Opera House jointly.
Page 2
**ACS DANCE CENTRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **OBJECTIVES AND ACTIVITIES**
After Christmas rehearsals started in earnest for the bi-annual show at the Towngate theatre which had been deferred from the previous year because of the pandemic this is scheduled for May 2022.
During this year ACS pupil and former Boys scholarship winner Corentin Blanchetiere auditioned successfully for 5 full-time Dance colleges and will take up a place at Laine Theatre Arts in September 2022. Former pupils also are also back performing in the West End in leading roles and in touring companies across the UK and the world on Cruise liners.
## Fundraising activities
The trustees continue to allocate some of the net proceeds from events described above, to the Scholars Fund, which is used to assist gifted and talented students, with audition preparation lessons and are also building reserves for future projects. We received donations and some with gift aid during the pandemic. The trustees have an ongoing strategic funding plan, to incorporate income from a cross section of sources, normal trading, donations, and bequests and in the future inclusion of grants from external funders for specific new projects.
From April 2021 ACS funded classes for our Boys scholarship winner Jake Morrison and an additional part scholarship given to Oliver Cherriman equating to just over £2300. With further bursaries for the Chance to dance selected cohort for 2021-2022 of £1215.
Three runners ran for ACS in the Autumn 2021 London Marathon raising a total of £3,945.
The charity received £90 donations from The Giving Machine" and £74 from Amazon Smile and Easy Giving.
## **Public benefit**
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
Activities are offered to all ages of the public, with a non-exclusive focus on the Greater London and Essex areas. The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 and have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
In recognising that dance and performance promote fitness, coordination and physical and mental health and wellbeing as well as fostering excellent team spirit, ACS Dance Centre offers the benefit of generous discounts to all children taking more than 4 classes per week as well as some additional 'free' classes and scholarships under certain circumstances. Pupils over the period of the pandemic have benefitted from over £3,500 of free classes.
## **FINANCIAL REVIEW**
## **Financial position**
The statement of activities shows income of £232,000 for the period with net outgoing of resources of £228,165.
## Impact of Covid
The pandemic had moderate impact on the operations of the charity. However since lockdown was lifted, the charity has had minimal access to government grants and efforts are being explored to obtain additional funding sources.
Page 3
**ACS DANCE CENTRE**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022**
## **FINANCIAL REVIEW**
## **Reserves policy**
All net incoming resources are spent maintaining its charitable objectives through the provision of tuition, maintaining the studios and equipment, or kept as reserve income for emergencies.
The trustees remain committed to maintaining enough reserves in the event of unforeseen circumstances arising such as future pandemics. They are currently targeting an amount equivalent to 3 months operating expenditure.
This policy is subject to a regular review of finances. Unfortunately the business interruption insurance claim was unsuccessful.
## **Going concern**
The accounts are prepared on a going concern basis.
If the CIO is wound up, each Member of the CIO is liable to contribute to the assets of the CIO such amount (but not more than £1) as may be required for payment of the debts and liabilities of the CIO.
## **FUTURE PLANS**
- To Pursue "Jack Petchey Awards" for students, continue outreach projects for encouraging different under-represented groups within the local community to start to dance, such as specialist classes for the over 50's, pursuing partnerships with other suitable charitable bodies, as well as encouraging more boys to participate in dance.
- To continue partnerships and joint projects with similar organisations and extending existing relationships with the Royal Opera House's 'Chance To Dance' program.
- To research and pursue funding for projects post pandemic involving dance for well-being and possibility of social prescribing.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The governing document for ACS Dance Centre is the Constitution of a Charitable Incorporated Organisation whose only voting members are its Trustees ('Foundation' Constitution). Prior to becoming a charity, the Dance Centre operated as Anthony Clifford Studios and all the dance and teaching activities from the original company were transferred to the charity with effect from 1 January 2019. The Centre is also known as Anthony Clifford Studios (ACS).
## **Recruitment and appointment of new trustees**
Any person over the age of 18 years who is willing to act as a Trustee, and who would not be disqualified from acting under the provisions of the Constitution, may be appointed to be a Trustee by a decision of the Trustees. Trustees are normally appointed by the existing trustees directly from and within the charity's sector of operation.
There shall be a minimum of 3 trustees with no maximum. One third of the trustees must retire from office at each Annual Meeting at which the accounts are adopted. Retiring trustees are eligible for re-election. New trustees receive induction from existing trustees.
A trustee may not be employed by or receive any remuneration from the CIO as a trustee, but may receive a benefit from the CIO as a beneficiary of the CIO. Trustees may also receive repayment for expenses incurred on charity
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Covid Risk assessments have been done and updated as guidance changed throughout this year.
Page 4
**ACS DANCE CENTRE**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31ST MARCH 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1159627
## **Principal address**
66 Albert Road Romford Essex RM1 2PP
## **Trustees**
Mr C Jolly Mr A Fennell Mr R Crowther Ms N Moura-Lunn Ms R Fennell
## **Independent Examiner**
Jamal Arshad Association of Chartered Certified Accountants (ACCA) S.D. Garner + Co Limited Chartered Certified Accountants 92 Station Lane Hornchurch Essex RM12 6LX
## **Solicitors**
Bates Wells & Braithwaite London LLP 10 Queen Street Place London EC4R 1BE
Approved by order of the board of trustees on ............................................. and signed on its behalf by: 1st December 2022
.......................................................................... Mr R Crowther - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACS DANCE CENTRE**
## **Independent examiner's report to the trustees of ACS Dance Centre**
I report to the charity trustees on my examination of the accounts of ACS Dance Centre (the Trust) for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Jamal Arshad Association of Chartered Certified Accountants (ACCA) S.D. Garner + Co Limited Chartered Certified Accountants 92 Station Lane Hornchurch Essex RM12 6LX
1 December 2022 Date: .............................................
Page 6
**ACS DANCE CENTRE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022**
|2022
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
19,005
**Charitable activities**
Adult Classes
29,883
Child Classes
141,952
Teacher Training
13,979
Studio hires
26,152
Other trading activities
2
1,025
Investment income
3
4
**Total**
232,000
**EXPENDITURE ON**
Raising funds
4
228,165
**NET INCOME**
3,835
**RECONCILIATION OF FUNDS**
Total funds brought forward
44,064
**TOTAL FUNDS CARRIED FORWARD**
47,899|2021
Total
funds
£
90,674
10,860
65,739
46,005
5,160
48
13
218,499
194,875
23,624
20,440
44,064|
|---|---|
The notes form part of these financial statements
Page 7
**ACS DANCE CENTRE**
## **BALANCE SHEET**
## **31ST MARCH 2022**
|2022
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
8
3,018
**CURRENT ASSETS**
Debtors
9
3,107
Cash at bank and in hand
52,579
55,686
**CREDITORS**
Amounts falling due within one year
10
(10,805)
**NET CURRENT ASSETS**
44,881
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
47,899
**NET ASSETS**
47,899
**FUNDS**
11
Unrestricted funds
47,899
**TOTAL FUNDS**
47,899|2021
Total
funds
£
3,860
972
51,749
52,721
(12,517)
40,204
44,064
44,064
44,064
44,064|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. 1st December 2022 and were signed on its behalf by:
**----- Start of picture text -----**
.............................................
Mr C Jolly - Trustee
**----- End of picture text -----**
The notes form part of these financial statements
Page 8
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as 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 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery - 10% straight line Fixtures and Fittings - 10% straight line
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 9
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **2. OTHER TRADING ACTIVITIES**
|Other income
Ticket sales
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Sundries
Support costs
**Investment management costs**
Administrative expenses
Aggregate amounts|2022
£
34
991
1,025
2022
£
4
2022
£
84
300
384
2022
£
15,898
228,165|2021
£
48
-
48
2021
£
13
2021
£
84
-
84
2021
£
14,408
194,875|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
continued...
Page 10
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **6. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
Key management personnel remuneration for the year was £57,879 (2021:£51,747).
The average monthly number of employees during the year was as follows:
Admin
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Adult Classes
Child Classes
Teacher Training
Studio hires
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**NET INCOME**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**||2022
2021
£
£
144,652
127,207
2,648
1,571
1,362
1,044
148,662
129,822
2022
2021
7
7
Unrestricted
fund
£
90,674
10,860
65,739
46,005
5,160
48
13
218,499
194,875
23,624
20,440
44,064|
|---|---|---|
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 11
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **8. TANGIBLE FIXED ASSETS**
|**8.**|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
||||Fixtures||
||Plant and||and||
||machinery||fittings|Totals|
|||£|£|£|
||**COST**||||
||At 1st April 2021 and 31st March 2022|5,630|2,800|8,430|
||**DEPRECIATION**||||
||At 1st April 2021|2,964|1,606|4,570|
||Charge for year|563|279|842|
||At 31st March 2022|3,527|1,885|5,412|
||**NET BOOK VALUE**||||
||At 31st March 2022|2,103|915|3,018|
||At 31st March 2021|2,666|1,194|3,860|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||Other debtors||2022
£
3,107|2021
£
394|
||Prepayments and accrued income||-|578|
||||3,107|972|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||Taxation and social security||2022
£
1,744|2021
£
2,803|
||Other creditors||9,061|9,714|
||||10,805|12,517|
|**11.**|**MOVEMENT IN FUNDS**||||
||At 1/4/21||Net
movement
in funds|At
31/3/22|
||**Unrestricted funds**|£|£|£|
||General fund|44,064|3,835|47,899|
||**TOTAL FUNDS**|44,064|3,835|47,899|
||||||
continued...
Page 12
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
232,000
232,000|Resources
Movement
expended
in funds
£
£
(228,165)
3,835
(228,165)
3,835|
|---|---|---|
## **Comparatives for movement in funds**
|At 1/4/20
£
**Unrestricted funds**
General fund
20,440
**TOTAL FUNDS**
20,440
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
218,499
**TOTAL FUNDS**
218,499|Net
movement
At
in funds
31/3/21
£
£
23,624
44,064
23,624
44,064
Resources
Movement
expended
in funds
£
£
(194,875)
23,624
(194,875)
23,624|
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**|At 1/4/20
£|Net
movement
At
in funds
31/3/22
£
£|
|---|---|---|
|General fund|20,440|27,459
47,899|
|**TOTAL FUNDS**|20,440|27,459
47,899|
continued...
Page 13
**ACS DANCE CENTRE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
450,499
450,499|Resources
Movement
expended
in funds
£
£
(423,040)
27,459
(423,040)
27,459|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
£36,000 (2021:£36,000) was charged to the SOFA during the period for rental of the property to landlords Mr. & Mrs. Lunn.
Mr & Mrs Lunn control Anthony Clifford Studios Limited. During the year the company provided services for the sum of £12,852 (2021:£6,096).
Mrs Lunn, the daughter of C Jolly is a member of staff and received remuneration during the year from the charity as part of her contract of employment of £31,515 (2021:£28,600).
Mr Lunn, the husband of Mrs Lunn, received remuneration during the year from the Charity as part of his contract of employment of £26,364 (2021:£23,147).
L Crowther the spouse of R Crowther is a member of staff and received remuneration during the year from the charity as part of her contract of employment of £9,456 (2021:£8,137).
Page 14
**ACS DANCE CENTRE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
Grants
**Other trading activities**
Other income
Ticket sales
**Investment income**
Deposit account interest
**Charitable activities**
Income From Adult Classes
Income from Child Classes
Income from Teacher Training
Income from Studio Hires
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Sundries
**Other trading activities**
Shows & events
Governance costs
Fundraising costs
**Investment management costs**
Administrative expenses
**Support costs**
**Management**
Wages
Carried forward|2022
£
244
4,237
14,524
19,005
34
991
1,025
4
29,883
141,952
13,979
26,152
211,966
232,000
84
530
16
8,158
8,704
15,898
144,652
144,652|2021
£
-
17,136
73,538
90,674
48
-
48
13
10,860
65,739
46,005
5,160
127,764
218,499
84
-
-
-
-
14,408
127,207
127,207|
|---|---|---|
This page does not form part of the statutory financial statements
Page 15
**ACS DANCE CENTRE**
|**Management**
Brought forward
Social security
Pensions
Other operating leases
Rates and water
Light and heat
Advertising
Cleaning
Plant and machinery
Fixtures and fittings
**Finance**
Bank charges
Travelling
**Other**
Repairs and renewals
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31ST MARCH 2022**|2022
£
144,652
2,648
1,362
36,000
2,217
3,176
4,167
3,400
563
279
198,464
1,287
140
1,427
1,488
2,100
228,165
3,835|2021
£
127,207
1,571
1,044
36,000
544
2,692
3,870
1,859
563
279
175,629
641
-
641
1,686
2,427
194,875
23,624|
|---|---|---|---|
|||||
This page does not form part of the statutory financial statements
Page 16