## **Trustees' Annual Report for the period**
Period start date Period end date **T From** 1 January 2023 **o** 31 December 2023
## 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**
**Trustee name Office (if any)**
**Dates acted if not for whole year**
**Name of person (or body) entitled to appoint trustee (if any)**
- 1 Sophie Wright
- 2 Howard Weller
**Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Dates acted if not Name for whole year**
- 3 Jill Johnston
- 4 Elizabeth Mills
- 5 Susie Marment
- 6 Tasha Bertram
- 7 Julia Lieberman
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name**
**Address**
## **Name of chief executive or names of senior staff members (Optional information)**
## **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 as connected Trustees.
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.
2023 was a dormant year for fundraising activity. The charity continues its aims to progress the Objects through awareness and trustee promotion of the arts. The TLBF website continues to be public.
TLBF did not make any grants to young artists in 2023 and will continue to review opportunities to do so with any available funding.
During 2023, the Trustees corresponded via telephone and emails, with ongoing in person meetings between Sophie Wright, Howard Weller and Jill Johnston.
**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)**
The procedure to manage any conflicts between TLBF and The London Ballet Company continues to be followed.
3
**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
**Summary of the main** During 2023, the trustees were able to promote the activity of ballet to a **achievements of the charity** range of educational and vocational schools around the country. Sophie **during the year** Wright was able to contact over 100 schools, and select appropriate dance schools to partner with for workshops and live shows with the The London Ballet Company. Sophie Wright did not use the Charity but offered the opportunity to donate to The London Ballet Foundation in conversations with the many schools contacted during the year.
## **Section E Financial review**
**Brief statement of the charity’s policy on reserves**
Trustees monitor the financial progress of the CIO on a regular basis. Trustees ensure that expenditure and liabilities are appropriate and are in 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 ensure the bank account is not negative during the period. Fundraising is required to generate new money for future grants.
**Details of any funds materially** None identified **in deficit**
4
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
TLBF generates funds from charitable activities and is continuing to seek voluntary receipts such as grants and donations.
Trustee Sophie Wright received £nil from TLBF in relation to the managing, directing, and performing in several performances and workshops carried out by The London Ballet Company.
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **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)** Howard Weller **Full name(s)** Sophie Wright **Position (eg Secretary, Chair, etc)**
**Date** 28th October 2024
5
||**The London Ballet Foundation**|**The London Ballet Foundation**|**The London Ballet Foundation**|**The London Ballet Foundation**|**The London Ballet Foundation**|**1170362**|**1170362**||**CC16a**|
|---|---|---|---|---|---|---|---|---|---|
|||||||||||
||**Receipts andpayments accounts**|||||||||
||**For the period**
**from**||1-Jan-23||**To**||31-Dec-23|||
|||||||||||
|||||||||||
|**Section A Receipts and payments**||||||||||
||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**||**Total funds**||**Last year**|
||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**|
|**A1 Receipts**||||||||||
|Voluntary receipts|**- 0**||**-**||**-**||**-**||**-**|
|Charitable activities|**- 0**||**-**||**-**||**-**||**-**|
|Investment dividends / interest|**- 0**||**-**||**-**||**-**||**-**|
|Other receipts|**- 0**||**-**||**-**||**-**||**-**|
||**- 0**||**-**||**-**||**-**||**-**|
|Loan repayments received|**- 0**||**-**||**-**||**-**||**-**|
|Loans received from external funder|**- 0**||**-**||**-**||**-**||**-**|
||**- 0**||**-**||**-**||**-**||**-**|
|**_Sub total_**_(Gross income for AR) _|
**- 0**||**-**||**-**||**-**||**-**|
|||||||||||
|**A2 Asset and investment sales,**
**(see table).**||||||||||
||**- 0**||**- 0**||**- 0**||**-**|||
||**- 0**||**- 0**||**- 0**||**-**||**- 0**|
|**_Sub total_**|
**- 0**||**- 0**||**- 0**||**-**||**- 0**|
|||||||||||
|**_Total receipts_ **|
**- 0**||**- 0**||**- 0**||**-**||**- 0**|
|||||||||||
|**A3 Payments**||||||||||
|Cost of generating voluntary receipts|**- 0**||**-**||**-**||**-**||**-**|
|Cost of charitable activities - Services|**- 0**||**-**||**-**||**-**||**-**|
|Cost of charitable activities - Grants to
individuals|**- 0**||**-**||**-**||**-**||**-**|
|Cost of charitable activities - Grants to
organisations|**- 0**||**-**||**-**||**-**||**-**|
|Cost of charitable activities - Advocacy /
Advice / Information|**- 0**||**-**||**-**||**-**||**-**|
|Governance costs|**- 0**||**-**||**-**||**-**||**-**|
|Governance costs|**- 0**||**-**||**-**||**-**||**-**|
||**- 0**||**-**||**-**||**-**||**-**|
||**- 0**||**-**||**-**||**-**||**-**|
|**_Sub total_ **|
**- 0**||**-**||**-**||**-**||**-**|
|||||||||||
|**A4 Asset and investment**
**purchases, (see table)**||||||||||
||**- 0**||**- 0**||**- 0**||**-**|||
||**- 0**||**- 0**||**- 0**||**-**|||
|**_Sub total_ **|
**- 0**||**- 0**||**- 0**||**-**||**- 0**|
|||||||||||
|**_Total payments_ **|
**- 0**||**- 0**||**- 0**||**-**||**- 0**|
|||||||||||
|**_Net of receipts/(payments)_ **|
**- 0**||**-**||**-**||**-**||**-**|
|**A5 Transfers between funds**|**- 0**||**-**||**-**||**-**||**-**|
|**A6 Cash funds last period end**|**- 0**||**-**||**-**||**-**||**-**|
|**_Cash funds this period end_ **|
**- 0**||**-**||**-**||**-**||**-**|
|||||||||||
|||||||||||
|**Section B Statement of assets and liabilities at the end of the period**||||||||||
|**Categories**|**Details**||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**|
||||||**to nearest £**||**to nearest £**||**to nearest £**|
CCXX R accounts (SS)1
28/10/2024
1
|**B1 Cash funds**|TLBF Bank Account|TLBF Bank Account|TLBF Bank Account||**-**||**-**||**-**|
|---|---|---|---|---|---|---|---|---|---|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||**_Total cash funds_**||||**-**||**-**||**-**|
||(agree balances with receipts and payments
account(s))||||OK||||OK|
||||||**Unrestricted**
**funds**||**Restricted funds**||**Endowment**
**funds**|
||**Details**||||**to nearest £**||**to nearest £**||**to nearest £**|
|**B2 Other monetary assets**|Recoverable grants and charitable loans due to
the charity||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
||||||**-**||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**|
|**B3 Investment assets**|||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which asset**
**belongs**||**Cost (optional)**||**Current value**
**(optional)**|
|**B4 Assets retained for the**
**charity’s own use**|Land and buildings primarily occupied by the
charity||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
||||||||**-**||**-**|
|||||||||||
||**Details**||||**Fund to which**
**liability relates**||**Amount due**
**(optional)**||**When due**
**(optional)**|
|**B5 Liabilities**|Suppliers accounts not yet paid||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
||||||||**-**|||
|||||||||||
|Signed by one or two trustees on behalf
of all the trustees|Signature||||Print Name||||Date of approval|
||||||Howard Weller||||28 / 10 / 2024|
||||||Sophie Wright||||28 / 10 / 2024|
CCXX R accounts (SS)2
28/10/2024
2