OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Charity number: 1171464

Company number: 08773567

(England and Wales)

Alexander Whitley Dance Company

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2022

Alexander Whitley Dance Company Contents Page For the year ended 31 March 2022

Report of the Trustees 1 to 13
Independent Examiner's Report to the Trustees 14
Statement of Financial Activities 15
Statement of Financial Position 16
Notes to the Financial Statements 17 to 23

Report of the Trustees For 12 months ending 31 March 2022

Overflow | Image by Johan Persson

The Trustees, who are also the directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the 12 months ending 31 March 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102). (Effective January 2015)

OBJECTIVES AND ACTIVITIES

The objects for which the Company is established, as set out in the governing document, are:

For the public benefit to advance education in and knowledge, understanding and appreciation of contemporary dance in particular but not exclusively by developing and producing live public performances and workshops, master classes and residential courses.

Alexander Whitley Dance Company exists as a platform for enquiry: bringing together artists and academics from a wide range of disciplines to explore, develop and disseminate ideas about movement. Building on a distinguished performing career, AWDC was founded in response to the new spheres of knowledge and creativity being opened up by digital technology and a widening interest in dance from thinkers in other fields including science, design and architecture.

“Whitley has ….a fecundity of ideas, the skill to make them theatrical, and he floods the stage with feelings and vivid, stimulating dance. Here is a dance-work of mercurial imagination, of eager bravura in light or dark, and of brightest possibilities.” Financial Times

“ Alexander Whitley makes choreography with an engineer’s instinct for system and structure… those ideas are seriously interesting – Whitley has started an experiment that will surely furnish many works to come.” The Guardian

Through its innovative stage productions, the company has rapidly established a reputation for its ambitious and intellectually engaged work and has developed a wide network of world-class collaborators. AWDC’s work has a wide geographical reach, presenting work and collaborating with partners nationally and internationally.

A desire to further knowledge and understanding of dance within the field as well as to the broader public is also a driving force behind the company’s work. Establishing research platforms through our links with higher education is a key factor in this and with our Creative Learning Programme we seek to bring our high-quality work to communities and young people around the UK.

“What a superb opportunity to have access to the best, to excellence is just so inspiring, even more so as a rural school.” Head Teacher, The Oaks Community Primary School, Ipswich.

The Company’s plans are laid out in its business plan and are regularly monitored. The company’s aims are to:

ACTIVITIES

In shaping the Company objectives for the year and planning activities, the Trustees have considered the Charity Commission’s guidance on public benefit. In FY22, AWDC’s live performance and educational activities were somewhat curtailed due to the Covid-19 pandemic. However, the company innovated continuously through its use of digital technology and undertook the following activities for the public benefit:

Overflow | Image by Johan Persson

Live

Future Rites VR

Age of Spiritual Machines, in rehearsal

Digital Body Project, film by Robin Ashurst

Digital

use technology to improve engagement with, and access to, Dance in schools at KS3+ and support teachers in the delivery of the Dance curriculum. Teacher endorsement for the approach outlined in this application was evidenced by one of the teachers: “There is so much pressure on schools to be looking at digital; this feels innovative. Tech should be at the forefront of education in the arts as much as industry."

IMPACT

AWDC engages arts attendees and industry (contemporary dance, ballet, visual arts, video and digital arts, contemporary and classical music), dance students, school children and families, as well as science, technology and new media audiences. In a normal year, over 15,000 audience members/participants benefit annually from UK and international touring and associated education activities and 84,000+ via online music/video content. In FY22 the company’s live audiences continued to be affected by the Covid-19 pandemic, but our online impact grew to the hundreds of thousands based on reports from the programmers hosting our digital content.

FY23 PLANS

During FY23, AWDC will plans to:

Anti-Body explores the drive to transcend the material constraints of the human body and the promise of freedom this dream is built upon. World premiere at Colours International Dance Festival, Stuttgart and two performances as part of the grand finale weekend of the new Messums Festival of Dance in Wiltshire. Later in 2022 it will have its London premiere at Sadler’s Wells before returning to Germany for Tanz Karlsruhe at ZKM Center for Art and Media, Germany, and further touring 2023-26. The work will also be filmed for wide release on Arte.tv.

DATA PROTECTION

AWDC’s data protection and privacy policy is GDPR compliant and published on our website.

FINANCIAL REVIEW

NB: In 2021 the Board of Trustees voted to change AWDC’s financial year end from 30 November to 31 March to bring it in line with that of Arts Council England and most other arts charities. Therefore, the comparative figures for FY21 reflect a 16-month period 1 December 2019 to 31 March 2021.

In common with many other arts organisations the activity level of the company continued to be affected by the Covid-19 pandemic. In FY22 incoming resources were £495,290 (FY21 - £316,670 16-month period) of these, £343,667 came from grants. Total resources expended were £462,125 (FY21- £300,147 16-month period). As a project-funded company, it can be challenging to bridge the gap between projects. Critical core funding came from the final 10 months of a 3-year grant from the John Ellerman Foundation which supported the Artistic Director and Producer (1.5 - 2 days per week). In addition, grants from Garfield Weston Foundation and Coln Trust provided further support for the wider staff and overheads.

Arts Council England (ACE) is AWDC’s principal funder and the organisation reports to ACE through mandatory National Lottery Project Grants interim and final project reports. In the wake of the Covid-19 pandemic, we were extremely grateful to ACE and the Department of Culture Media & Sport for their significant funding of the company through grants from the Cultural Recovery Fund 2 & 3 (£86,935 & £78,665) which enabled AWDC to continue operating and growing its digital offerings.

Other public funding came from Theatre Tax Relief (£24,984) for the Anti-Body production.

Many of AWDC’s live activities continued to be cancelled or postponed due to the Covid-19 pandemic resulting in a loss of earned income. In FY22 earned income from performances, educational activities, commissions, and digital-dance project development totalled £102,744 representing 21% of the company’s turnover.

We are very grateful to those individual donors who have supported the company. Private donations received were:

£18,628 Individual donations

£ 1,000 Corporate support
£4,267 Gift Aid
£23,895 Donations received
We are also grateful to the following trusts and foundations for their support during the year:
£27,103 John Ellerman Foundation final 10-month portion of 3-year award towards
salaries of Artistic Director and Executive Director
£20,000 Garfield Weston core support
£12,000 British Underground support for presenting Future Rites VR at SXSW
£ 3,000 Coln Trust core support
£ 2,000 Nicholas Berwin Trust towards development of Anti-Body
£ 2,500 Big Give Trust–Reed Foundation for development of Future Rites VR
£66,603 Total Trust & Foundation support

Reserves

AWDC is a relatively new charity and operates on a project basis. It does not have any long-term fixed costs. Project activity is undertaken only when a significant percentage of the required resources have been identified, and contracts are entered into only when sufficient resources have been identified to meet contractual obligations. In FY22, AWDC had an unrestricted surplus for the year of £46,165 and unrestricted funds carried forwards of £56,552.

The Board regularly monitors the level of reserves to ensure that they are commensurate to the level of financial activity and with enough funds to address unforeseen circumstances and future overheads with a goal of gradually building greater reserves over time.

STRUCTURE, GOVERNANCE & MANAGEMENT

Governing Document

The Company was incorporated on 13 November 2013 and is governed by its Memorandum and Articles of Association as amended by special resolution 19 December 2016. The Company is limited by guarantee and has no share capital. The Company was registered as a charity with the Charity Commission on 3 February 2017.

Organisational Structure

The Board oversees and administers the charitable Company, scrutinizes the finances, discusses and supports the management in financial matters.

The Board meets quarterly and monitors the Company’s progress against the current business plan. All day-to-day operating decisions are made by the Executive Director, Donna

Meierdiercks and Artistic Director, Alexander Whitley. All artistic planning and policy decisions are made by the Artistic Director, within the business plan framework approved by the Board. Board members give their time voluntarily and receive no remuneration or other benefits from the charity.

The skills make-up of the Board is regularly reviewed, particularly when a member resigns, and people with strengths in areas less represented on the Board are proposed. In line with the Articles of Association, new Board members are appointed at a meeting where a minimum of two serving Directors are in attendance. On appointment, Board members are given the Company’s Memorandum and Articles and most recent business plan, plus the most recent minutes and the Charity Commission’s “Trustees Welcome Pack” and “The Essential Trustee: What you need to know” (‘Good Governance A Code for the Voluntary and Community Sector.’)

The pay for management and artists is reviewed annually and normally increased in accordance with guidance from Equity and Independent Theatre Council to reflect a cost-of-living adjustment. In view of the nature of the charity, the Board benchmarks against pay levels in other charities of a similar size operating in the arts sector.

Diversity is at the heart of the company. AWDC employs an ethnically diverse, international team of freelance collaborators, dancers and staff. 75% of AWDC’s board & senior team (aged 25-59) are female, ethnically underrepresented or LBGTQ+.

Financial Controls

Financial controls are reviewed annually. The company’s next review of its financial controls is scheduled for the September 2022 meeting of the Board of Trustees.

Financial reporting:

Routine financial management is delegated to the Executive Director and Artistic Director.

All income is made payable to Alexander Whitley Dance Company and paid into the company’s bank account: The Co-operative Bank, P.O. Box 250, Delf House, Southway, Skelmersdale, WN8 6WT, UK

The majority of inward payments are made by BACS and includes grants from funders, performance fees, commission funds and donations from individuals.

All outward payments require dual authorisation against invoice. The company does not have a credit card.

Fraud Risk

The Trustees have reviewed the principal risks associated with the company, including fraud, and have concluded that there is minimal risk of fraud. There are solid financial controls in place, little cash handling, delegated authority levels, and dual authorisation on bank accounts. Management accounts are produced and reviewed on a quarterly basis.

Risk Management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees consider the detailed operation of the company and the associated risks at their regular Trustees’ meetings.

Trustees' Remuneration and Benefits

There were no Trustees' remuneration or other benefits for the 12-month period ended 31 March 2022 (nor for the year ending 31 March 2021).

Choreographic, rehearsal and touring fees (not for service as a Trustee) were paid to Artistic Director Alexander Whitley during the 12-month period totalling £63,453 (FY21: £57,845 16 months) gross of tax. His rate of pay was approved by the Trustees of the charity on 13 December 2021. Alexander Whitley is not party to the Trustees’ discussions about his remuneration as Artistic Director.

Artistic Associations

Alexander Whitley is a New Wave Associate at Sadler’s Wells Theatre, former Choreographic Affiliate of the Royal Ballet and AWDC is a former Associate Company of Rambert. Alexander Whitley was an Associate Artist at DanceEast from 2014 to 2016 and the company has been based there since December 2016 receiving regular advice and in-kind support for productions. Alexander Whitley is an Associate Artist at Queen Mary University of London and a tutor on the ‘Design for Performance & Interaction’ Masters course at The Bartlett School of Architecture – University College London.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of charity Alexander Whitley Dance Company
Charity registration number 1171464
Company registration number 08773567
Principal address Jerwood DanceHouse
Foundry Lane
Ipswich IP4 1 DW

Trustees The irustees serving durfing the year and sSnce ihe year end were as follows= argarel Andra05 Thomas Hlgham Joshua McNorlon Kaushik Ray Anna Rowe- Chalr Denis Shafranik Dr Cindy Sughrue OBE Florence Uchida Alexander ￿lIleY Kade Stroude {Appointed 14 September 2021) Emma McFartand {Appointed 27 September 2022) Independent examiners Andrew M Wells FMAAT Countercullure Partnership LLP Unil 115 Ducie House Ducie Street Manchester M1 2JW Prlncipal staff Donna Meierdiercks. Executive Director Approved by ihe Board of Trustees and signed on ils behalf by.. Anna Rowe. Chair of the Board of TnJslee5 3 November 2022

Alexander Whitley Dance Company Independent Examiners Report to the Trustees For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of Association of Accounting Technicians, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Andrew M Wells FMAAT Counterculture Partnership LLP Unit 115 Ducie House Ducie Street Manchester M1 2JW

20 September 2022

14 of 23

Alexander Whitley Dance Company

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2022

Notes Unrestricted Restricted 2022 2021
funds funds
£ £ £ £
Income and endowments from:
Donations and legacies 2 189,622 177,940 367,562 222,005
Charitable activities 3 102,744 - 102,744 92,766
Other income 4 24,984 - 24,984 1,899
Total 317,350 177,940 495,290 316,670
Expenditure on:
Charitable activities 5/6 (271,185) (190,940) (462,125) (300,147)
Total (271,185) (190,940) (462,125) (300,147)
Net income/expenditure 46,165 (13,000) 33,165 16,523
Reconciliation of funds
Total funds brought forward 10,387 13,000 23,387 6,864
Total funds carried forward 56,552 - 56,552 23,387

15 of 23

Reg15tered Number 08773567 Alexanderwhltley Danco Company Statement of Financial Position AS at 31 March 2022 Notes Z022 2021 Flxed assets Tsngible 4sseis 20,248 20.34B 10,538 10,530 Cunent assets Debtors Cash at bank and In hand 12 97.772 IS,507 113,279 (76.9751 23.044 26,469 49,513 136,6841 Credltors.. •moums falllng du• wllhln one year Net CUWTent asset 13 36.304 56.S62 12.849 23.317 Total a$sEt5 less currènl liabilnies Net assets 56,552 23.317 The fund5 orihe char Re5tnQed Income lunds Unrestritted tnGome funds 14 13.000 14 56.552 10,387 3J,387 Total funds S6.562 For the year ended 31 March 2022tho company was entftled to exemption frorn audrt under sedion 477 of the Companies Arj 2006 rnlating lo small Companies. The rnembeis have not re4uired the company to obtain an audlt of ts accounts for the year In quesuon in &C￿r￿an wrth sedign 476. The tntstees acknowledge their responsibilitles for comptying With the requirernents of the Ad wrth respect to a¢couniing records and the preparation of accounts. These a¢¢ounts have been preparetj In aetOTdance wrth the promsions applicable to companies subject to the srnall companies, regime. The financlzl statements were approved and authonsed for issue by the Board and slgned on rts behall by. Anna RLwe TNsiee 3111 I: 16Df23

Alexander Whitley Dance Company Notes to the Financial Statements For the year ended 31 March 2022

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

Alexander Whitley Dance Company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

The financial statements are prepared, on a going concern basis, under the historical cost convention.

Funds

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.

Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.

There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above.

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of service provided by volunteers has not been included.

In accordance with the SORP grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met, and which are outside the control of the charity or where it is uncertain whether the conditions can or will be met, are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are shown as creditors in the accounts.

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Charitable activity costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and ststutory requirements.

Taxation

As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.

17 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued

For the year ended 31 March 2022

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings 20% Straight line Computer Equipment 33% Straight line

Irrecoverable VAT

Irrecoverable VAT is included in the Statement of Financial Activities, and is reported as part of the expenditure to which it relates.

2. Income from donations and legacies

Unrestricted Restricted 2022 2021
funds funds
£ £ £ £
Donations received 6,022 17,873 23,895 38,454
Grants received 183,600 160,067 343,667 183,551
189,622 177,940 367,562 222,005

3. Income from charitable activities

Unrestricted funds
Dance performance
Performance and digital
project income
Workshops and classes		 2022
£
80,114
22,630
102,744
102,744		 2021
£
85,586
7,180
92,766
92,766

4. Other income

Unrestricted funds
Theatre tax relief		 2022
£
24,984
24,984		 2021
£
1,899
1,899

18 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued For the year ended 31 March 2022

5. Costs of charitable activities by fund type

osts of charitable activities by fund type
Unrestricted Restricted 2022 2021
funds funds
£ £ £ £
Dance performance 227,930 164,946 392,876 225,833
Support costs 43,255 25,994 69,249 74,314
271,185 190,940 462,125 300,147
osts of charitable activities by activity type
Activities Support 2022 2021
undertaken costs
directly
£ £ £ £
Support costs
Dance performance
Dance performance - 57,301 57,301 66,303
Depreciation - owned assets - 11,948 11,948 8,011
Artist Fees 163,205 - 163,205 94,017
Other Costume, Set & Music 8,556 - 8,556 5,688
costs
Equipment hire & Transport 33,827 - 33,827 5,785
Technical Personnel 48,234 - 48,234 22,846
Project Producer & 24,966 - 24,966 19,466
Management
Education Delivery 2,535 - 2,535 7,515
Space costs 15,649 - 15,649 8,595
Touring Costs 37,706 - 37,706 13,925
Marketing & Promotion 48,140 - 48,140 39,690
Fundraising 9,336 - 9,336 8,306
Organisational Development 722 - 722 -
392,876 69,249 462,125 300,147
392,876 69,249 462,125 300,147

6. Costs of charitable activities by activity type

7. Analysis of support costs

nalysis of support costs
Dance performance
Management
Overheads		 2022
£
60,502
8,747
69,249		 2021
£
63,197
11,117
74,314

19 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued For the year ended 31 March 2022

8. Net income/(expenditure) for the year

This is stated after charging/(crediting):

Depreciation of owned fixed assets

2022 2021
£ £
11,948 8,011

9. Particulars of employees

Employees 2022
0
0		 2021
0
0

10. Comparative for the Statement of Financial Activities

Unrestricted Restricted 2021
funds funds
£ £ £
Income and endowments from:
Donations and legacies 45,163 176,842 222,005
Charitable activities 92,766 - 92,766
Other income 1,899 - 1,899
Total 139,828 176,842 316,670
Expenditure on:
Charitable activities (136,305) (163,842) (300,147)
Total (136,305) (163,842) (300,147)
Net income 3,523 13,000 16,523
Reconciliation of funds
Total funds brought forward 6,864 - 6,864
Total funds carried forward 10,387 13,000 23,387

20 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued For the year ended 31 March 2022

11. Tangible fixed assets

Computer Computer
Cost or valuation Equipment Equipment Total
£ £ £
At 01 April 2021 19,363 19,064 38,427
Additions 4,300 17,358 21,658
At 31 March 2022 23,663 36,422 60,085
Depreciation
At 01 April 2021 11,027 16,862 27,889
Charge for year 3,960 7,988 11,948
At 31 March 2022 14,987 24,850 39,837
Net book values
At 31 March 2022 8,676 11,572 20,248
At 31 March 2021 8,336 2,202 10,538

12. Debtors

Amounts due within one year:
Trade debtors
Prepayments and accrued income		 2022
2021
£
£
63,016
16,246
34,756
6,798
97,772
23,044

13. Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 54,610 2,678
Other creditors (3,542) 3,626
Accruals and deferred income 25,907 30,360
76,975 36,664

21 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued

For the year ended 31 March 2022

14. Movement in funds

Unrestricted Funds

General
General
Unrestricted Funds - Previous year
General
General		 Balance at
01/04/2021
£
10,387
10,387
Balance at
01/12/2019
£
6,864
6,864		 Incoming
resources
£
317,350
317,350
Incoming
resources
£
139,828
139,828		 Outgoing
resources
£
(271,185)
(271,185)
Outgoing
resources
£
(136,305)
(136,305)		 Balance at
31/03/2022
£
56,552
56,552
Balance at
31/03/2021
£
10,387
10,387

Purpose of unrestricted Funds

General

For the general promotion of the charity's activities

Restricted Funds

Balance at Incoming Outgoing Balance at
01/04/2021 resources resources 31/03/2022
£ £ £ £
Arts Council - 111,461 (111,461) -
Commissions 13,000 66,479 (79,479) -
13,000 177,940 (190,940) -
Restricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/12/2019 resources resources 31/03/2021
£ £ £ £
Arts Council - 52,329 (52,329) -
Commissions - 124,513 (111,513) 13,000
- 176,842 (163,842) 13,000

22 of 23

Alexander Whitley Dance Company Notes to the Financial Statements Continued For the year ended 31 March 2022

Purpose of restricted funds

Commissions

This fund holds grants and funds given for the production of specific works.

Arts Council

This fund holds grants and funds given for the production of specific works.

15. Analysis of net assets between funds

Unrestricted funds
General
General
Restricted funds
Previous year
Unrestricted funds
General
General
Restricted funds
Commissions		 Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
20,248
36,304
56,552
20,248
36,304
56,552
Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
10,538
(151)
10,387
-
13,000
13,000
10,538
12,849
23,387

23 of 23