REGISTERED COMPANY NUMBER: 09186186 (England and Wales) REGISTERED CHARITY NUMBER: 1164708
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
LINE DANCE FOUNDATION
Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Liverpool Merseyside L34 3LG
LINE DANCE FOUNDATION
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
LINE DANCE FOUNDATION
Report of the Trustees for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. 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 object of the charity, as stated in its governing documents, is to relieve poverty or financial hardship among persons who wholly or partly make their living working in the line dancing industry and their dependants by providing financial and other forms of support including (but without prejudice to the generality of the foregoing) assisting in the treatment and care of such persons who are suffering from illness of any description or who are in need of rehabilitation as a result of such illness and who have fallen into poverty or financial hardship as a result of such illness.
ACHIEVEMENTS AND PERFORMANCE
The statement of financial activities for the year is set out on page 4 of the financial statements. A summary of the financial results and the work of the charity is set out below.
During the period the charity received donations of £53,748 (2024: £63,494). Grants were made amounting to £86,095 (2024: £42,640) and the trustees are once again pleased to have supported a wide cross-section of the dance community, particularly those in need.
The overall result for the year was a deficit of £4,503 (2024: surplus £23,736).
The charity has total funds of £79,839 at 31 March 2025 (2024: £84,342). There are no designated funds at the year end (2024: £nil).
FINANCIAL REVIEW
Reserves policy
The charity has minimal operating costs and does not require any significant free reserves.
FUTURE PLANS
Trustees plan to continue to make grants to beneficiaries.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted by its memorandum and articles of association dated 21 August 2014 and registered with the Charity Commissioners under charity number 1164708.
Recruitment and appointment of new trustees
The trustees select members of the trustee board and once appointed trustees serve indefinitely. No external body is entitled to appoint trustees.
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. Risk management is an ongoing annual process.
Page 1
LINE DANCE FOUNDATION
Report of the Trustees for the Year Ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
09186186 (England and Wales)
Registered Charity number
1164708
Registered office
Butterworth Barlow House 10 Derby Street Prescot Liverpool Merseyside L34 3LG
Trustees
Mrs E A Drummond Mrs M M Gallagher Mrs L A Naylor Mrs H O'Malley
Independent Examiner
Butterworth Barlow Chartered Accountants Butterworth Barlow House 10 Derby Street Prescot Liverpool Merseyside L34 3LG
Bankers
Starling Bank 5th Floor London Fruit & Wool Exchange 1 Duval Square London E1 6PW
Approved by order of the board of trustees on 17 December 2025 and signed on its behalf by:
Mrs E A Drummond - Trustee
Page 2
Independent Examiner's Report to the Trustees of Line Dance Foundation
Independent examiner's report to the trustees of Line Dance Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Gavin Butterworth
Butterworth Barlow Chartered Accountants 10 Derby Street Liverpool L34 3LG
17 December 2025
Page 3
LINE DANCE FOUNDATION
Statement of Financial Activities for the Year Ended 31 March 2025
----- Start of picture text -----
31.3.25 31.3.24
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
-
Donations and legacies 53,748 53,748 63,494
Other trading activities 2 46,924 - 46,924 14,700
Total 100,672 - 100,672 78,194
EXPENDITURE ON
- -
Raising funds 8,525 8,525
Charitable activities
-
Health grants payable 86,095 86,095 42,640
Other 8,940 - 8,940 11,818
Total 103,560 - 103,560 54,458
- -
Net gains/(losses) on investments (1,615) (1,615)
-
NET INCOME/(EXPENDITURE) (4,503) (4,503) 23,736
RECONCILIATION OF FUNDS
-
Total funds brought forward 84,342 84,342 60,606
TOTAL FUNDS CARRIED FORWARD 79,839 - 79,839 84,342
----- End of picture text -----
The notes form part of these financial statements
Page 4
LINE DANCE FOUNDATION
Balance Sheet 31 March 2025
----- Start of picture text -----
31.3.25 31.3.24
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
FIXED ASSETS
Investments 6 38,385 - 38,385 -
CURRENT ASSETS
Debtors 7 13,208 - 13,208 16,896
Cash at bank 29,126 - 29,126 68,271
-
42,334 42,334 85,167
CREDITORS
Amounts falling due within one year 8 (880) - (880) (825)
NET CURRENT ASSETS 41,454 - 41,454 84,342
TOTAL ASSETS LESS CURRENT LIABILITIES 79,839 - 79,839 84,342
NET ASSETS 79,839 - 79,839 84,342
FUNDS 9
Unrestricted funds 79,839 84,342
TOTAL FUNDS 79,839 84,342
----- End of picture text -----
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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LINE DANCE FOUNDATION
Balance Sheet - continued 31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 17 December 2025 and were signed on its behalf by:
Mrs E A Drummond - Trustee
The notes form part of these financial statements
Page 6
LINE DANCE FOUNDATION
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation 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.
continued...
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LINE DANCE FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
2. OTHER TRADING ACTIVITIES
31.3.25 31.3.24 £ £ Fundraising events 46,924 14,700
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
Trustee's expenses paid in the year £153 (2024: £nil).
4. STAFF COSTS
There were no employees during the period (2024: nil).
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 63,494 - Other trading activities 14,700 - Total 78,194 - EXPENDITURE ON Charitable activities Health grants payable 42,640 - Other 11,818 - Total 54,458 - NET INCOME 23,736 - RECONCILIATION OF FUNDS Total funds brought forward 60,606 - TOTAL FUNDS CARRIED FORWARD 84,342 - |
Total funds £ 63,494 14,700 78,194 42,640 11,818 54,458 23,736 60,606 84,342 |
|---|---|
continued...
Page 8
LINE DANCE FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
6. FIXED ASSET INVESTMENTS
Fixed asset investments represent the market value of listed investments at the year end.
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accrued income Prepayments CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 100,672 TOTAL FUNDS 100,672 |
31.3.25 31.3.24 £ £ 13,208 14,700 - 2,196 13,208 16,896 31.3.25 31.3.24 £ £ 880 825 Net movement At At 1.4.24 in funds 31.3.25 £ £ £ 84,342 (4,503) 79,839 84,342 (4,503) 79,839 Resources Gains and Movement expended losses in funds £ £ £ (103,560) (1,615) (4,503) (103,560) (1,615) (4,503) |
|---|---|
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
9. MOVEMENT IN FUNDS
continued...
Page 9
LINE DANCE FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 60,606 23,736 |
At 31.3.24 £ 84,342 |
|---|---|
| TOTAL FUNDS 60,606 23,736 |
84,342 |
| Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 78,194 (54,458) |
Movement in funds £ 23,736 |
| TOTAL FUNDS 78,194 (54,458) |
23,736 |
| A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 60,606 19,233 |
At 31.3.25 £ 79,839 |
| TOTAL FUNDS 60,606 19,233 |
79,839 |
continued...
Page 10
LINE DANCE FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. 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 £ 178,866 178,866 |
Resources expended £ (158,018) (158,018) |
Gains and Movement losses in funds £ £ (1,615) 19,233 (1,615) 19,233 |
|---|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 11
LINE DANCE FOUNDATION
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
----- Start of picture text -----
31.3.25 31.3.24
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 53,748 63,494
Other trading activities
Fundraising events 46,924 14,700
Total incoming resources 100,672 78,194
EXPENDITURE
Other trading activities
-
Fundraising costs 8,525
Charitable activities
Health grants payable 86,095 42,640
Support costs
Management
Trustees expenses 153 -
Administration costs 7,906 10,992
8,059 10,992
Governance costs
Legal & professional fees 881 826
Total resources expended 103,560 54,458
Net (expenditure)/income before gains and
losses (2,888) 23,736
Realised recognised gains and losses
-
Realised gains/(losses) on fixed asset investments (1,615)
Net (expenditure)/income (4,503) 23,736
----- End of picture text -----
This page does not form part of the statutory financial statements
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