## **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**
|1
2
3
4
5
6
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)**
1
**Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
CIO
- (eg. trust deed, constitution)
How the charity is constituted
Charitable incorporated organisation
- (eg. trust, association, company)
Trustee selection methods
By Appointment
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
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.
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
2
## **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.
3
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.
4
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## 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)**
5
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
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.
- Trustee Sophie Wright received £nil from TLBF in relation to the managing, directing and performing in the production. However, Sophie’s company TLBC did benefit from receiving the financial support in relation to the performance. Therefore, approvals from nonconnected Trustees is sought for the TLBF payment.
## **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
6
||**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**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**5,166**
**5,166**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**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
1
|**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
2