REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1174996
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 April 2021
for
The Arboretum Festival of Dance
Brockhurst Davies Limited 11 The Office Village North Road Loughborough Leicestershire LE11 1QJ
The Arboretum Festival of Dance
Contents of the Financial Statements for the Year Ended 30 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 5 |
| Detailed Statement of Financial Activities | 6 |
The Arboretum Festival of Dance
Report of the Trustees for the Year Ended 30 April 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2021. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
INCORPORATION
The charitable company was incorporated on 5 October 2017 and commenced trading on the same date.
OBJECTIVES AND ACTIVITIES Objectives and aims
To advance and promote the study and practice of the art of dance for the public benefit by provision of an amateur dance festival for children and young people up to the age of 21.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
(England and Wales)
Registered Charity number
1174996
Registered office
8 Flawforth Avenue Ruddington Nottingham Nottinghamshire NG11 6JH
Trustees
A Burnett Financial Controller Mrs L C Grant Mrs J Walker
Company Secretary
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ A Burnett - Trustee
Page 1
| The Arboretum Festival of Dance | ||
|---|---|---|
| Statement of Financial Activities | ||
| for the Year Ended 30 April 2021 | ||
| Unrestricted | ||
| fund | ||
| Notes | £ | |
| EXPENDITURE ON | ||
| Other | 400 | |
| NET INCOME/(EXPENDITURE) | (400) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 2,574 | |
| TOTAL FUNDS CARRIED FORWARD | 2,174 |
The notes form part of these financial statements
Page 2
The Arboretum Festival of Dance
Balance Sheet 30 April 2021
| Unrestricted | |||
|---|---|---|---|
| fund | |||
| Notes | £ | ||
| CURRENT ASSETS | |||
| Cash at bank | 2,972 | ||
| CREDITORS | |||
| Amounts falling due within one year | 3 | (798) | |
| NET CURRENT ASSETS | 2,174 | ||
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 2,174 | ||
| NET ASSETS | 2,174 | ||
| FUNDS | 4 | ||
| Unrestricted funds | 2,174 | ||
| TOTAL FUNDS | 2,174 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
A Burnett - Trustee
The notes form part of these financial statements
Page 3
The Arboretum Festival of Dance
Notes to the Financial Statements for the Year Ended 30 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2021.
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accruals and deferred income MOVEMENT IN FUNDS At Unrestricted funds General fund TOTAL FUNDS |
£ 798 Net movement 1.5.20 in funds At 30.4.21 £ £ £ 2,574 (400) 2,174 2,574 (400) 2,174 |
£ 798 |
|---|---|---|
| 2,174 |
4. MOVEMENT IN FUNDS
continued...
Page 4
The Arboretum Festival of Dance
Notes to the Financial Statements - continued for the Year Ended 30 April 2021
4. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (400) | (400) |
| TOTAL FUNDS | - | (400) | (400) |
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2021.
Page 5
The Arboretum Festival of Dance
£
Detailed Statement of Financial Activities for the Year Ended 30 April 2021
INCOME AND ENDOWMENTS
| Total incoming resources EXPENDITURE Support costs Other 2 Accountancy Total resources expended Net expenditure |
- 400 400 (400) |
|---|---|
This page does not form part of the statutory financial statements
Page 6