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2020-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 1 January 2020 31 December 2020

From To

Section A Reference and administration details

Charity name The London Ballet Foundation Other names charity is known by TLBF Registered charity number (if any) 1170362

Charity's principal address 17 Holly Road Ipswich Postcode IP1 3QN

Names of the charity trustees who manage the charity

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7		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Sophie Wright
Howard Weller
Names of the
trustees for the
charity, if any, (for
example, any
custodian
trustees)
Name Dates acted if not
for wholeyear
Jill Johnston
Elizabeth Mills
Susie Marment
Tasha Bertram
Julia Lieberman

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

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Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

CIO

How the charity is constituted

Charitable incorporated organisation

Trustee selection methods

By Appointment

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

TLBF has identified that Sophie Wright is the Director of The London Ballet Company. Trustees have a procedure to approve any payments for charitable activities that are undertaken by The London Ballet Company. This procedure demands majority approval by the Trustees excluding Sophie Wright, Jill Johnston and Howard Weller.

Trustees will monitor the relationship with any dance companies and organisations on an ongoing basis to ensure the Objects are clearly met and that resources are appropriately used in accordance with the governing document and charitable law.

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Section C Objectives and activities

The objects of the CIO are: 1. To advance the education of the public in the art of dance, music, and the visual arts, in particular, but without limitation by (i) the formation of a dance theatre production company for public performances that focuses on individual expression in performing art and emotional well-being of young performance artists, and by such other ways as the trustees shall determine from time to time,

Summary of the objects of the charity set out in its governing document

(ii) advancing the education and training of young performance artists, including but not exclusively dancers, choreographers, musicians, composers, designers, and visual artists, predominantly through the performance of dance (including ballet and contemporary dance, but without prejudice to the generality of the foregoing), dance classes and workshops, and associate education programmes, and by such other ways as the trustees shall determine from time to time, 2. To advance any other exclusively charitable objects and purposes in any part of the world. During 2020, the continued effects of COVID-19 hampered much of the Charity’s actions as theatres and meeting in person was either restricted or banned due to unsafe conditions.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Restrictions were eased from midway through the year and it was safe to allow people to train in a studio, and during this period TLBC ran a week long Autumn Intensive training course for Associate young dancers. This course was supposed to run during Easter holidays. Safety protocols were followed throughout the training. The Charity TLBF was able to support a live show with 5 professional dancers including Sophie Wright, at the end of this week’s training. 2 professional dancers, plus Sophie Wright, also provided teaching services during the week with the young dancers, to teach the choreography as well as technique needed in the final performance.

The show created by TLBC is the Olympic Dream production, which was created in 2012 to reflect the immensely special London Olympics events. In 2020, during COVID-19, TLBC was able to perform the Olympic Dream production in the new Wayne McGregor Studios in the Olympic Park in Stratford. This is symbolic, and a very special opportunity to pass on the story to young dancers who may have been too young to realise the significance of the London Olympics in 2012. The production emphasises the nature of sport, competition, fun, hard work, and success. The young dancers in the Associate programme thoroughly enjoyed learning the choreography and were able to express themselves through dance in this lively and exciting performance. The young dancers were also exposed to the professional dancer’s training, rehearsals, and were invited to a questions and answer session to ask about life as a professional dancer. We believe this is important to teach young dancers and aspiring artists.

The audience was online, with no ticket sales, and a limited number of parents were invited to watch from outside the studio through the viewing gallery (there were restrictions on the maximum number of people allowed in the studio). The online streaming was a technical success with 50 or so viewers.

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TLBF will pay £200 per professional artist for the performance, which is a modest payment, and we thank the dancers for their hard work and positive attitude. TLBC paid the dancers shortly after the performance, however, TLBF will cover the dancer’s costs to TLBC during 2021 because the conflicts Trustee form was delayed.

TLBF provided funds to pay for the professional artist’s payments only for this performance, because TLBC covered the costs of the studio hire and other performance costs. There was no show revenue for this, although the revenue from the training course was received by TLBC. Approval is sought from unconnected Trustees for the payment.

TLBF did not make any grants to young artists in 2020 and will continue to review opportunities to do so.

The Trustees did not meet in person during 2020. Instead, the Trustees corresponded via telephone and emails to approve the project with TLBC and discuss fund raising activities. The procedure to manage any conflicts between TLBF and TLBC was followed.

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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

Section D Achievements and performance

During the period, the Charity met the aims of its objectives. TLBF has Summary of the main promoted dance to the public through a very special live performance achievements of the charity and provided several opportunities for people to engage with dance during the year artists.

The group that TLBF supported consisted of 4 Artists as well as the young dancers attending the young dancer’s intensive course who performed with TLBC. The TLBC artists are dancers with a very high calibre of skill and training. The artists were able to contribute creatively to performance adjustments to enable them to explore their selfexpression and art. It is estimated that the performance of Olympic Dream reached a total audience figure of 80 people.

Section E Financial review

Trustees monitor the financial progress of the CIO on a regular basis. Brief statement of the Trustees ensure that expenditure and liabilities are appropriate and are in charity’s policy on reserves the interest of the long-running operation of the organisation. The reserves policy for the CIO is to have a treasurer regularly monitor the financial situation and keep a minimum amount in the organisation’s bank account. The minimum level of money is £2,500, which covers at least 3 months of expected expenditure. Details of any funds materially None identified in deficit

Further financial review details (Optional information)

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You may choose to include additional information, where relevant about:

TLBF generates funds from charitable activities and is continuing to seek voluntary receipts such as grants and donations.

In 2020, TLBF approved the net payment of £800 to The London Ballet Company for the production of “Olympic Dream” performed once at the Olympic Park in Stratford, London. This payment was to pay professional dancers for the performance and rehearsals.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Howard Weller Sophie Wright Position (eg Secretary, Chair, Trustee etc) Trustee

Date 28 October 2021

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The London Ballet Foundation The London Ballet Foundation The London Ballet Foundation 1170362 1170362 1170362 CC16a
For the period
from		 01-Jan-20 To 31-Dec-20
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
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-
-
-
-
5,166
5,166		 Restricted
funds
to the nearest £
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-
-
-
-
-
-
-
-
-
-
-
-
-
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-		 Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
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-
-
-
-
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-		 Total funds
to the nearest £
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-
-
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-
-
-		 Last year
to the nearest £
Voluntaryreceipts - -
Charitable activities - -
Investment dividends / interest - -
Other receipts - -
- -
Loan repayments received - -
Loans received from external funder - -
- -
Sub total(Gross income for
AR)		 - -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-

Cost ofgeneratingvoluntaryreceipts		 - -
Cost of charitable activities - Services - -
Cost of charitable activities - Grants to
individuals		 - -
Cost of charitable activities - Grants to
organisations		 - -
Cost of charitable activities - Advocacy /
Advice / Information		 - -
Governance costs - -
Governance costs - -
- -
- -
**Sub total ** - -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last period end
Cash funds this period end
-
- - - - -
- - - - -
5,166 - - 5,166 -
5,166 - - 5,166 -

CCXX R1 accounts (SS)

29/10/2021

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Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at Section B Statement of assets and liabilities at the end of the period the end of the period the end of the period the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 TLBF Bank Account
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
to nearest £
5,166
-
-
5,166
OK
Unrestricted
funds
to nearest £		 Restricted
funds
to nearest £
-
-
-
-
OK
Restricted
funds
to nearest £		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
Recoverable grants and charitable loans
due to the charity		 - - -
- - -
- - -
- - -
- - -
- - -
Signature
Suppliers accounts not yet paid
Details
Details
Details
Land and buildings primarily occupied by
~~the charity~~		 Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Howard Weller
Sophie Wright		 Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
29/10/2021
29/10/2021

CCXX R2 accounts (SS)

29/10/2021

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