| Charity No (if any) 1167202 Period start date 01/06/2023 To Period end date 31/05/2024 THE MANDALEIGH STUDIOS Annual accounts for the period |
Charity No (if any) 1167202 Period start date 01/06/2023 To Period end date 31/05/2024 THE MANDALEIGH STUDIOS Annual accounts for the period |
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|---|---|---|
| Section A | Statement of financial activities | |
| Recommended categories by activity Guidance Notes Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 Reconciliation of funds: S21 S22 1 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Total |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05 22,189 - - 22,189 - 90,221 - - 90,221 58,264 - - - - - - - - - - - - - - 2,201 - - 2,201 3,812 |
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| 114,611 - - 114,611 62,076 |
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| - - - - - 36,820 - - 36,820 44,355 - - - - - 74,409 - - 74,409 22,362 |
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| 111,229 - - 111,229 66,717 |
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| 3,382 - - 3,382 4,641 - |
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| - - - - - |
||
| 3,382 - - 3,382 4,641 - |
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| - - - - - - - - - - - - - - - - - - - - |
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| 3,382 - - 3,382 4,641 - |
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| 7,259 - - 7,259 11,900 |
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| 10,641 - - 10,641 7,259 |
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Trustees’ Annual Report for the period
From 01/06/2023 Period start date To 31/05/2024 Period end date
Charity Name: The Mandaleigh Studios
Charity Registration Number:1167202
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the education of people of all ages in the art of dance for the public benefit through structured lessons to enable all to achieve their best in either examinations or performances |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Providing a safe place for children at the end of the academic day where they can come to do homework, relax, have a snack and socialise with peers before classes commence. There is a designated area for students to eat their own snacks or they can purchase from a school tuck shop. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | All trustees have had regard to the guidance issued by the Charity Commission on public Benefit |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | Mandaleigh is very lucky to have an amazing team of parent and family volunteers who help keep running costs of the school down |
Other
Achievements and Performance
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SORP reference
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| SORP reference | SORP reference | SORP reference |
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Parents always report the massive impact the Charity has on it’s children’s lives. The Principal and Vice Principal of the school provide an amazing service to ensure all children feel part of the Mandaleigh Family. The Community spirit of the families who attend Mandaleigh is incredible with families supporting each other through this year. Parents often step in to provide transport etc for other families when needed During this financial year Mandaleigh Dance Studios celebrated their 46th Anniversary with their original Principal still in place. They also moved to much larger premises which are on the ground floor which has enabled easier access to disabled children and adults |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set Para 1.41 Plans for this year changed dramatically when the Landlord of the old premises gave notice he would not be renewing the lease. A much bigger property with higher rent became available and The Trustees decided to support The Principal and The Vice Principal in their believe they could make this work to the benefit of Mandaleigh. The aim for this year had to change to ensure the range of classes and numbers attending met a level which could sustain the costs of the move and the new rent. A large donation helped sustain the increased costs involved in ensuring the new studios met the needs of Mandaleigh |
Achievements against objectives set Para 1.41 Plans for this year changed dramatically when the Landlord of the old premises gave notice he would not be renewing the lease. A much bigger property with higher rent became available and The Trustees decided to support The Principal and The Vice Principal in their believe they could make this work to the benefit of Mandaleigh. The aim for this year had to change to ensure the range of classes and numbers attending met a level which could sustain the costs of the move and the new rent. A large donation helped sustain the increased costs involved in ensuring the new studios met the needs of Mandaleigh |
Achievements against objectives set Para 1.41 Plans for this year changed dramatically when the Landlord of the old premises gave notice he would not be renewing the lease. A much bigger property with higher rent became available and The Trustees decided to support The Principal and The Vice Principal in their believe they could make this work to the benefit of Mandaleigh. The aim for this year had to change to ensure the range of classes and numbers attending met a level which could sustain the costs of the move and the new rent. A large donation helped sustain the increased costs involved in ensuring the new studios met the needs of Mandaleigh |
Achievements against objectives set Para 1.41 Plans for this year changed dramatically when the Landlord of the old premises gave notice he would not be renewing the lease. A much bigger property with higher rent became available and The Trustees decided to support The Principal and The Vice Principal in their believe they could make this work to the benefit of Mandaleigh. The aim for this year had to change to ensure the range of classes and numbers attending met a level which could sustain the costs of the move and the new rent. A large donation helped sustain the increased costs involved in ensuring the new studios met the needs of Mandaleigh |
|---|---|---|---|
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Performance of fundraising All parents did their best with fund
activities against objectives Para 1.41 raising ideas and targets
set
Students returned to the Cecchetti
summer school. They obtained medal
results in festivals and competitions.
Para 1.41
Student Achievements Students received excellent exam
results.
Students took part in external
performances with The Fareham Musical
Society Youth Theatre and other local
societies
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Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity did manage to make a small surplus this year of £3,381 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves are held at present |
| Amount of reserves held | Para 1.22 | 0 |
| Reasons for holding zero reserves |
Para 1.22 | All funds are required to ensure the financial stability of the Charity |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The Charity needs to sustain it’s increased rent by ensuring the correct mix of classes at the correct price |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Fees charged for lessons Surplus from voluntary run canteen Fundraising events by parents |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | A constant need to control fees to be affordable in order to keep numbers steady enough to cover the charity’s outgoings which have risen with the new premises |
Other
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | No Trustees have changed during this last year |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
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Charity name The Mandaleigh Studios
Other name the charity uses
Registered charity number 1167202
Charity’s principal address 157A West Street
Fareham
Hants
PO16 0DZ
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Maria Barnett Chair
2 Carole Cheesmore
3 Samantha Warner
4 Lara Culver
5 Hannah Edwins
6 Rebecca Smith
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date