INSPIRATION IN MOTION TRUSTEES, REPORT AND AC.couNrs YEAR TO 31 ocfoBER 2024 Company number 9263730 Charity number 1167669
IIYSPIRATION IN MOTION REFF.RF.NCF. AND ADMINISTRATIVE INFOILMATION Charity Dame Inspiration In Moiion Rervistered eompanv number 9263730 ReTrered charity Dumber 1167669 Prineipal addr (hk.lands Ilampton Court Road FASt Moles¢y Surrey KT8 9DA Trustees Anastassia Elowarth Duncan Milroy Bankers Th¢ c(p¢rative Bank %kelmersdaJe WN8 6wr
INSPIRATION IN MOTION YEAR TO 31 O(TOBER 2024 TRUSTEES, REPORT Thc Trnsteffj who are also Directors of the Company, a pl¢&s¢d to Ptesent the tenth Report and Accounts for the Charity for y¢4r to 31 October 2024. The accounts have b¢¢n prepared on an a¢¢Tuals basis and compty with the Charity's Mcmordndum and Arti¢l¢s of Aswciation dated 6 ()ctober 2014 and applicable law. The accounts have been prepared in accordance with SLtrment of Recommended Practice for C hariti¢S FRS102 ('the SORP) and the Charities Act 2011. The Charity do¢s not require an audit under company law. but has arrdnged an ind¢p¢ndcnt examiOll of the accounts which is reported on page 7. R¢f¢r¢Dtt and adwillistralive iDforniatio Inspiration In Motion is a charitable cihnpany limited by guarantee and rystea in Eogtand and Wales, company number 9263730. The company w&4 regist¢r¢d as a chatity in England and Wales on 16 June 2016 and has regisltt numbtr 1167669. Th¢ addr¢ss of the willcipal office is shown on page 2. Tn at the date of this repo¢ who are also Directors of the companv. are also shown on page 2. All trustees served throughout the year. At the Annuat (ieneral Meeting held on 26 July 2025 DKan Mi]my resi)ed under the requircments for rotation set down in the Articles of th¢ Charity, and te<lected. strn¢tu, Governance and Mawement The Charity 15 governed by a Mcmorandum and Articles of Asgxiation dat¢d 6 (ktober 2014. The Articles require a minimum of three Tnle£S in order for busin¢ss to be tt3nsacteiL The Te¢S relakn respon711111Y for au transactions of the Charity. New Tntstees are apkx)inted by resolution of the Truste¢s. which must be confirnied at the next Annual General Meetitk& new Trust¢¢s may also I proposed by Members of the Chan"ty. One third of Tne¢S retir¢ by rotatiOD at each Annual eTaI Meetin¥, Trustees retiring by rotation may k re<k¢tsd The ¢UTrent meMLS of thc Charity are the Trustee& Obj¢etives 2nd A¢tritses The objects of the C:harity are set out in its Articles of Ass(xiati(YA: The advaocemeffj of the art of dance and other wforniance arts for the benefit of the public by any means that the tnstees may frn time to tizne decide, including (bw not limited to): a) commissioning and Suprting new works frollk individuals aod orgall1sati and b) prom(Xinft the attendance of dance perforn]an¢¢s and other fOrManc arts particularly amongst those people who may Other be preclud from doing so by reason of their youth anivor social and economic Circumsces. and ¢) supporting ¢du¢ation and tsaining of #udents in thc art of dance and other performanc¢ arts.
Gr(mtpoliry The Board is currently reviewing wt W)li¢y given the Charity's obje£tiv¢ to support young dancers in lJkraine following th¢ Dance for Ukraine gala in February 2024. The Clwiiv's focus will be on this and other Proj¢ supporting the future of dance in Ukraine for the foreseeable futu. Achicvements and PerfonDaDee Clwitable octivini Objectives for 2023r24 wer¢ to rtodu¢e a second gala 'Dance for lJkraine' in support of the arts in Ukrain¢. Thc pro¢ccds would be applied to two projects: A new ballet production of Frederick Ashton's'La Fille Mal Gard. for the National Ballet of Ukraine. to be staged at the National Opera House in Kwv. Support for aspiring young danr5 in Ukraine to enable them to overcome the difficulties caused by vrar and pursue their trainirÉ. This obj¢¢tive was met through production of a ballet gala at the IA)ndon Palladium theatre on 18 Febnwy 2024. Ivan Putrov actcd as iknistic and Production Director. All artists gavc their services pro bono. for which the charity is extremely fUl. Work was commenced on toth projects during th¢ year. Both are aimed at supEthing dance in the UkraAn¢ and couthering the movement of talent abroad. Work was begun by the Tards G. Schevchenko National Academic Opera and Ballet Theatre of Ukraine on preparation for introduction of Ashton's La Fille Mal Gardée to the repertory of the National Ballet of Ukraine. The premiere was held on 12 June 2025. The charity supported external costs of the production, specifically production rights. set materials and outsourcing of construction necessitated by theatre staff conscription, costume materials and choreography and lighting servIs. The charitys budget for this suppon was £77,(XX), and fundraising continued to enable delivery of the support. A purchase of £IO.000 dancewear stock (with a retsil sales value of £.1)0} was arranged with Dancia International as that company closed in late 2024. The daftcewear was tran5POrted to Ukraine in May 2025. The intent is to award the dancewear gratis to young dancers to initiate the chariVs proiett in Support of dance students. A sponsorship agreement to donate the stock wa5 ne8Otiaied with Ferrexpo finance PIC {Ferrexpo) and signed on 18 October 2024. Pending purchase of the stock by Ferrexpo an interest free kn was made to a supporter to secure the stock. this loan was repaid on 14 November 2024. The Royal Ballet donated stock with a retail sales Wdlue of £57,CXXI to the charity in October 2024. Jv'wthaifing Fundraising is directed at specifie projects as th¢y aTise. The principal fundraising this financial year has been to supwrt the ¢harity'S two projects in ljkraine. In addition donations of £4,312 w¢r¢ receiv¢d irt support of general funds of the cbarity.
The sources of funding Can be classified as follows. 202>24 2022-23 Gala proceeds Individual donations Corporate donations Charity donation5 Charity grants 60,434 21,059 2,750 io.(xx) i( 82.093 17,850 The clwity does not employ paid fundraiser8 nor fimdrnising Organi10nS. Yolunrecrs Given the occasional nature of Tts production *tivity the charittr d(xs not maintain a startding group of volunleers. Flowever. the charity is ¢xtr¢znelv grateful to th¢ Contribution made by i'olunteers in support of its productions. During 2023-24 there was considerable supw)rt for th¢ production of the gala at the tnndon Palladiutn. E•iDancial Review A Surplus of £10,99i was made in the financial year (2022-23: £10.641 deficit). At 31 October 2024 to fiffjds of the ¢hw stood at £18.595 (J l (knober 2023 £7,602). of whi¢h £7.709 was unStriCted (31 October 2023 £5.602). R¢serves are d¢flld &8 unrestricted funds avai12bl¢ for application (i.¢. excludnig f2xed awts amongst other possible adjustments lo the unrestricted funds total). at J l October 2024 te5erves stood at £7,709 (31 Octob¢r 202i £5.602). The C'harity has no staff and CUTrentty is not incurring ongoing fundraising ¢osts. The Board's policy is that any ¢xpenditurc commitm¢nts require certainty of supporting income. C'onwuentty the Trnstees do not believe that it is necessary io hold any significant reserves in order to ensure the continuation of the C"hariWs 0FratIOnS. It is neverthcless desirable that rcserves are bulk up over time to give the Board er ability to reslld to opportunity. but no asllated tsrgets have been set. Objectives for 2024125 The Lhatity will bc entirely focussed on deliveftng its projects in Ukrnine in 2024r25." A new ballet production of Frederick Ashton's 'La Fille Mal Gardée. for the National 8allet ot Ukrdine, to be staged at the National Operd House in Kyiv Supporr for a5pirin8 young dancers in Ukraine to enable them to overcome the difficulties caused by ar and pursue their trainin& The aim is to deliver the firsi of these in 2024r25 and set up an Or(Fanlon 2nd pro¢¢ss for the second before the end of 2024r25.
Th¢ Truste¢s de¢late that they have approvcd th¢ Trttees. ReEK)rt above. Approved by QTMJ DuDCaD Milroy On behalf of all Trusttts on 26 July 2025
INDEP}7)ENT ExAlINER's REPORT TO THE TRUSTEES OF ThSPtRATION IN MOTKON I report on my cxamiDalion of the accounts of Inspiration In Motion (Charity numb¢r 1167669 and c.ompany numbcr 9263730) for thc Y cnded 31 October 2024, which are s¢1 oul on pages 8 10 13. Responsibilitie5 and basi5 of report As the charity's trustees of the Company (who are also th¢ dIrlorS of the company for the purposes of company law). you are responsible for the preparntion of thc accounts in accordan¢e with the requirements of the Companies Act 2006 (*he 2006 Actl. Ila%'ing satisfied myself that the accounts of the C"ompanv a not requircd to be audited for this year undcr Part 16 of the 2006 Aci and are eligible for indeident enin3t10n. I rep)rt in rwt of my examination of vour charitv"s accounts as Gvri¢d out und¢r S¢aiOll 145 of the CThaTities Act 2011 (h¢ 201 l Act-). In carrying out my eL•nlnatiO I have followed the Directions 8ivcn by the C'.harity ColluDission (under section 145(5Xb) of the 201 l Act). IDd¢peDd¢nt ¢xamin¢rfs stat¢meDt J have completed my eLqmination. I confmn no material matters have come to my attention which gives me cause io believe thaL" accounting records were not kept in acrdanCe with section 130 of the 2011 Ad . or the accounts do not accord with such records" or the accounts do not comply with relcvant xcountin - requirements under the C"hartties (Accounts and ReFM)rts) Regulations 2008 other than any requircmcnt that the accounts give a 'true and fair. view which is not a matter considered as part of an Inde[dent examinatio I hav¢ no th)¢erns and have come across no other matters in conneclion with thc cxamination to which atteniion should be drawn in this reF in order to enable a proper understanding of the accounts to be reached. Signed: Date- 26 July 2025 Kcnncth Lcadbeater AC:.A 46 Water Mill Way South Darenth Dartford Kent DA4 9BE.i
INSPIRATION IN MOTION STATF.MEiYf OF FINANCIAL AcfiIFs FOR THE YEAR TO 31 o0BF,R 2024 (incorpornting an illcome and ¢xpcJJditure aceouDt) Yearto 31 (knober 20Z4 Year to 31 October Funds Funds Total Total Funds Income Grants Donarions and legaoe5 Income from tharitable artiwties Gains I (losses) on investments Interesr and invesrment income 4312 17347 60,434 ZL659 60.434 (2,() Total 43 ExpeThliture on: Raisin8 funds Charitsble aa1leS 231 r16 69974 L(M 26,303 Total 350 7LIfy) 26.wjl Net inwme / {expen(kture) before tsx Tax payable Net Sncome / {expendltyre) Transfers between funds 731 I,641) 71 110.641) (L8551 (.641} Reconcihtion of fvrKI5: Total funds broughtforward Totsl funds carr*d forward 7,602 14595 18.243
INSPIK4TIOTh TN MOTION BALAliCE SHEET AS AT 31 OCTOBER 2024 Asat31 Ott-24 Asat31 fixed Assets Investments Cash at bank and in hand Debtors Stock 8,345 10520 7,302 Totol¢uffent ossets 18.865 7,602 Liabifrtie5 under l year Creditors (270) Ner rrent ossets 1&595 7,602 18595 Funds of the tharity Restricted funds Unrestricted funds 9110 ION6 7.709 5.602 Total funds 18.595 In approving these financial staterneAts. the trustees. who are directors forthe purkwes of company law. hereby confimi: • thot for the year smed abo¥e the cornpany was entitled to the exemptiofi conferred ty section 477 of the Cornn Acr 2Iy)6," • that no notKe has been dep)sired atthe reEtstsred office of the company pur5vant io sectthi 476 of the Companies Act 2(x% r4uesting that an audrt be Condu for the year ended 31 Ottober 2024: • that the company as a ch?rTry ts not 9Jbiect to audit underthe charit kt 2011: and • that we acknowledge our re5ponsÉbilits tr comptying with the requirements of tt Compart•eS kt 2006 with respect to accounting records and the preparat#)n of accoun These financrdl ststeffnts have been prepared in xcordano with the specièl provisnS of the Small C<xnpaAies order pa IS of the Companies Att 2L% and with the Financial Rewrting Standèro FRSIOI The finarKial Strtnts ere apwo¥e(l ty tl 8oard of Tntstees on 26 July 2025 arrfl re SIgn on Its behalf by: Peter E .9(r M
INSPIRATION IN MOTION NOTES TO THE AC'COUNTS l. B2si8 of attowiting These accounts have pr¢pared on an a¢¢nS basis using the historic cost convention, in a¢¢ordance with the 8L2tement of Recommendcd Practice for (Tharities FRS 102 ('thc S()RPA and the C:harities Act 2011. AecouDtin4v policies Recognition of incoming reJources These are included in the Starcment of liinancial Activities wheft: the Trustees villually certain they will rec¢iv¢ the resources; and the mon¢tary vu¢ be measured wtth sufficient reliabiliti,. Liability recogTrtiion Liabilitl¢s. such as grdnt4 are recoonised as soon as there is a conslructiv¢ obligation committing the C'hartty to pay out rcsources. FwSt1ure R¢stricted funds are to be used for spccifie purposes &s set &)wn by the donor5. b_xpendtture which me¢ts ihLX criteria is charged to the fun(L ljnrestricted fimds are donations and other in¢oming resou received for genernj charitable D¢stMiCd funds are unrestricted funds earniarked by th¢ Tr(te¢S for particular pUr)ses. 2. llleome Cirants No grdnts were received in the year. (2022J23 £5.000 from the CAF American Donor Fund). Donalionf und legaci Donations of £2 1,659 wert re¢¢ived in the perii)d {202Y23 £12,850) of which £17347 w7S restrict¢d {2022ll3 £11250). (iift Aid of £3248 is included in figures (202212) £1.550). 10
Ineomefrom charitoble tivItieS Proceeds from a g3Ja held at the LK)ndon Palladium on 18 March 2024 (ticket sales and programme salcs) wcrc £60.434. Pr(Kceds wcrc restric1 to projects SUprting dancc in thc Iikninc. There was no similar income in 2022r23. Fl rite offofipweslment O WTiie off was llde in the period. A £2,000 investment in loan Aock of [end and Ikgacy Ventures l.imited was written off in 2022r23 as there is no market in the stock and future value 3. Anthsis of eipenditnre 20Z3124 Projed 2022123 Other Gala CA)Sts Other Total Grartts T4)tal Fundraising cost I,IX17 ¥Iy)7 Charttable expenditure 60SL8 70.093 26250 26.303 Totsl expenditure f)0.518 1.126 7LI(WJ 26250 241 26.491 Trundralsing costs (£1.007: 2022-2) £188) relate to charges from donation processing sites (£787; 2022-23 £nil) and cosls of Maintaining the charity's website (£220: 2022-23 £188). Clwitable expenditure is expenditure in furtherance of the charitys objects and mission. No grants w¢re made ift the period (2022-23: £26250). The cost of prcducing the gala at the lA)ndon Palladium on 18 February 2024 ¥7s £60.518 - no similar costs were incurred in 2022-2). c.osts of £9.456 werc incurred in dclivery of the clwitv's two pyojccts iJ] Ukraine . no similar costs were incutTed in 2022-23. (hher costs related io the governance (£74: 2022-23 £53) and administration (£45. 2022-23 £nil) of th¢ ¢harAty. 4. Transarti0S with Related PartiL No remuneration was paid w any Trustee during the peritsj (2022r23 £nil.) No expenses were paid to any Tntee in the 1(MI Donations of £6.412 were made by related parties (2022-23 £1,500). An interest fr¢¢ loan of £4,700 w&$ made to the chartty by Peter F.yre on l Februar). 2024: £2.780 of this loan Was repaid on 28 March 2024, and the balancc of £1.920 was donaied to the eharity on that date. An interest free loan of £2.400 and a further interest free loan of £1.6(M) were made to the charity bv Duncan Milroy on 15 February 2024 and 16 February 2024 r¢sp¢¢tiv¢ly: tx)th loans w¢r¢ t¢Paid in full on 4 March 2024. S. Investments No investhicnls wcre made or held in the lod. tn 2022-23 an investment of £2,000 in IA)an Stock of l£send and Le8acy Ventures Limite4l made to support a dance project a&%iated with that company's Celebration of the life and lewy of Rudolf Nwcy¢v. was writtcn off SiTK¢ the project had ]JOt been fmancialty su¢c¢ssfuL li
- Debtors A debtor of £1 0,000 was held at 31 Octobcr 2024: being a loan to purchase dancewear stock for distribution to students in Ukraine pending Teceipi of funding to cover the purchase. The funding Wa8 received in 202Ak25. A furth¢r debtor of £520 was held ai that date. Ixing Ciift Aid claimed on donations_ A debtor of 00 was held at 31 (ktober 2023, being Gift Aid Claim on donaiions.
- .St(*ck Stock donatd by the Royal Ballet in support of thc charity's distribution of ballet Cquipment to stud¢nts in Ukrainc (and held & 31 October 2024) is shown at zero cost in the balance sheet. The retail value of the stock is ¢iated at around £57.000. No other stock was h¢ld at ) l October
- Creditors Credilors at J l (ktober 2024 W¢r¢ aCCTrs of £270. Th¢r¢ were no ¢dItorS at 31 (ktober 2023.
- Analysis ofNet Aets bets'een fuDds At 31 Ortober 2024 At 31 October 2023 Total Total Fixed Assets Current Assets Current Liabilittes 7.709 ii, 12701 10.886 18.865 12701 14595 5.602 7.602 5,602 7,602
- Movement OD principal fuD4Ls Fund Thx)vemellt 20tsr14 Bahn¢e t QI Lyov 24 TrAwl¢r5 Bl**e at 31 Oet 24 Rtsiiicted New ¢TrM>rcowhy lJkTair£ La frille fixxl lJ64 59.974 9.412 70.750 350 636 10248 T7.769 12 (7J47) 9.402 Totsl , IlnYtstri¢ted TOT.4L 77.781 10386 4J12 811193 (IJSS) 7.71)9 18595 7AIZ 71.11)0 12
In 2022-23 fvnds movements We as follo Fwnd movemeDt 2022123 Balanee at 01 Nov22 Exp2Nlitu Trawf¢rs BlOtt at 31 O¢t23 en¢k•wmtnts Restrirted Newcknreo8r4thv Men In Motion (5.000) 5.000 2,000 11250 16250 {400) 15350 21250 26250 241 Tot21 Unrestricted 12.000 6243 18243 General 5.602 7,602 TOTAL 26A91 R¢stricted funds ate described as follows." New choreoaphY .. A fund for the development and production of ttew cho[wh).. Ukraine fund - A fvnd io support the charity's two projects in lJkraine. la Fille fund - A fund to support the production of la Fille Mal Gardee in Kyiv, one of the two projects in ljkraine supported by the charity. Men In Motion - A fund for suppx)rt of the Men In Motion gala on 6 Nov¢mb¢r 2022. 13