**Registered Charity No 1176994**
## **The Natashas Project**
# **Annual Report and Financial Statements For the year ended 29 February 2024**
|**Contents**|**Page**|
|---|---|
|Annual Report|**2**|
|Statement of Financial Activities|**4**|
|Balance Sheet|**5**|
|Notes to the Accounts|**6**|
|Independent Examiners Report|**8**|
Page **1** of **8**
**THE NATASHAS PROJECT**
## **ANNUAL REPORT**
## **For the year ended 29 February 2024**
## **Legal and Administrative Information**
The Natashas Project (TNP) was founded in 2013. It has been a registered charity, number 1176994, since 5 February 2018 and the address for correspondence is 2 Fensomes Close, Hemel Hempstead, Hertfordshire HP2 5DH or e-mail info@thenatashaproject.co.uk. Its governing document is its Constitution.
## **Objects/Principal Activities**
## Vision:
Dancing in and For Freedom
## Mission:
We use dance as a powerful tool to address the impact of modern slavery. Our interactive dance experiences connect hearts, restore hope and inspire change. We do it for survivors and the children of tomorrow, because we believe in a future where everybody lives in freedom, and people dance only for joy.
We currently work out this mission in three ways:-
Performance Productions: TNP gives professional dance productions that raise awareness through informing audiences on the effects and realities of modern slavery. The performances aim to instigate and empower change, by taking audiences through a journey of lost innocence, 21st century slavery, and how this injustice still affects every single society throughout the world today and what people can do to make a difference.
Education workshops: TNP has audience tailored workshops that have been created to inform, equip and inspire students and participants to take ownership of instances of human trafficking in their own communities and engage in conversations about safe relationships.
Restorative dance workshops for Survivors: The third branch works with survivors of modern slavery and human trafficking, through its Restorative Dance Workshops. These are fun, creative workshops which aim to develop confidence, self-esteem, physical fitness and ownership of survivors’ bodies.
## **Organisation**
TNP is governed by the Board of Trustees which is responsible for all aspects of the organisation that affect this UK-based Charity.
As at the year ended 29 February 2024, the Board of Trustees was made up as follows:
Jim Treherne - Chair/Treasurer Sophie Smyth - Secretary Tim Withers - Trustee Sharon Green - Trustee
The Trustees may appoint new trustees throughout the year. They are all volunteers.
Kevin Lowen resigned as Treasurer on 15 September 2023
TNP’s bankers are Natwest Bank.
Page **2** of **8**
**THE NATASHAS PROJECT**
## **Review of Activities**
Restorative branch: TNP continued to provide tailor-made dance workshops to support survivors of human trafficking and modern slavery. Grants were received from Westhill Endowment and, Anchor Foundation totalling £10,500 to fund these Restorative workshops. A fundraising evening held in October 2023 raised over £6,800.
## **Financial Review**
The overall result for the year was a deficit of £5,920 compared with a surplus of £4,115 the previous year.
## **Reserves**
TNP aims to maintain funds of at least £2,000 so that it is able to enter into contracts to hire performance venues and commit to other expenditure for the following year.
## **Risk Management**
The Board of Trustees has examined the principal areas of the Charity’s operations and considered what major risks may arise in each of these areas. In the opinion of the Board of Trustees, the Charity has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations.
The Charity has appropriate risk mitigation measures in place including policies and training on the following:
Working with vulnerable groups - particularly survivors of human trafficking First Aid
The Charity ensures all volunteers and staff have up to date DBS checks prior to working with children or vulnerable adults
## **Policies**
TNP has the following policies to govern its operational activities and these are reviewed on an agreed timeline, either annual or bi-annual. They are:
- Finance
- Health & Safety
- • Recruitment
- Equal Opportunities
- • Safeguarding
- Risk Management
- Data Protection and Privacy
## **Future prospects**
TNP will continue to provide support to survivors of modern slavery. Workshops will be for women, men, youth and children of the survivors.
TNP will be reviving previous productions, from before the pandemic.
TNP will be exploring reaching out to for Primary Schools audiences for the first time, ensuring all safeguarding is in place to reach this new age bracket.
I declare, in my capacity of Charity Trustee, that:
- the Trustees have approved the report above; and
- have authorised me to sign it on their behalf
**Tim Withers Chair 30 September 2024**
Page **3** of **8**
**THE NATASHAS PROJECT**
## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 29 February 2024**
|**2024**
**Notes Restricted Unrestricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**Incoming resources from:**
**Grant income**
**10,500**
**10,500**
**Donations and fundraising**
**500**
**14,508**
**15,008**
**Charitable activities**
**75**
**75**
**Total income**
**11,000**
**14,583**
**25,583**
**Expenditure on:**
**Fees**
**3**
**16,283**
**11,408**
**27,691**
**Other costs**
**4**
**1,600**
**2,212**
**3,812**
**Total expenditure**
**17,883**
**13,620**
**31,503**
**Net income**
**(6,883)**
**963**
**(5,920)**
**Accumulated Funds brought forward**
**9,996**
**2,570**
**12,566**
**Transfer from UF to RF**
**0**
**0**
**0**
**Accumulated Funds carried forward**
**3,113**
**3,533**
**6,646**|**2023**
**Restricted Unrestricted**
**Total**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**12,496**
**12,496**
**2,814**
**2,814**
**251 **
**251 **
**12,496**
**3,065**
**15,561**
**6,779**
**2,587**
**9,366**
**1,394 **
**686**
**2,080**
**8,173**
**3,273**
**11,446**
**4,323**
**(208)**
**4,115**|
|---|---|
||**2,673**
**5,778**
**8,451**
**3,000**
**(3,000)**
**0**|
||**9,996**
**2,570**
**12,566**|
Page **4** of **8**
**THE NATASHAS PROJECT**
## **BALANCE SHEET as at 29 February 2024**
||**Note**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
|**CURRENT ASSETS**||||
|**Cash at bank and in hand**||**6,646**|**12,566**|
|||**6,646**|**12,566**|
|**REPRESENTED BY**||||
|**Restricted Funds**|**5**|**3,113**|**9,996**|
|**Unrestricted Funds**||**3,533**|**2,570**|
|**TOTAL FUNDS**||**6,646**|**12,566**|
## **Tim Withers Chair 30 September 2024**
Page **5** of **8**
**THE NATASHAS PROJECT**
## **NOTES TO THE ACCOUNTS for the year ended 29 February 2024**
## **1. Accounting policies**
## **Basis of preparation**
These accounts have been prepared under the historic cost convention and in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including:
- a) FRS102 1A, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” as applies to small companies;
- b) The 2015 Charities Statement of Recommended Practice.
## **Incoming resources**
- a) Grant income is accounted for on receipt, but taken to restricted funds until all their terms and conditions of receipt are met.
- b) Donations from individuals and organisations and from fundraising events are accounted for when received.
- c) Charitable activities, which includes income from performances at venues, are accounted for when received.
## **Expenditure**
Resources expended are accounted for on a cash basis, inclusive of irrecoverable VAT.
## **Fund accounting**
Unrestricted funds are funds which can be used, in accordance with the charitable objects, at the discretion of the Trustees.
Restricted funds are funds which can only be used for particular purposes within the objects of TNP. Restrictions arise when specified by the donor or when funds are raised for particular purposes. The nature and purpose of each restricted fund is set out in note 5.
## **Tangible fixed assets**
Items below £750 are not capitalised. TNP has no tangible fixed assets.
## **2. Trustees expenses**
No member of the Board of Trustees or any person connected with them has received or is due to receive any remuneration for the year directly or indirectly from TNP funds.
## **3. Fees**
Fees include payments to teachers, choreographers, stage managers, consultants and dancers net of statutory maternity pay received. In the year there was one part-time employee (prior year: one).
## **4. Other costs**
Other costs include travel costs for performers, costumes, equipment, studio hire, training and development, advertising, insurance and office expenses
Page **6** of **8**
**THE NATASHAS PROJECT**
## **5. Restricted funds**
|**The National Lottery**
**a) Westhill Endowment**
**b) Anchor Foundation**
**c) Individual donation**|**Balance at**
**Income**
**Expenditure**
**Balance at**
**28 February 2023**
**29 February 2024**
**£**
**£**
**£**
**£**
**9,996**
**(9,996)**
**0**
**6,500**
**(6,500)**
**0**
**4,000**
**(1,387)**
**2,613**
**500**
**500**|
|---|---|
||**9,996**
**11,000**
**(17,883)**
**3,113**|
**a) A grant was received in two instalments on 24/4/23 and 1/8/23 totalling £6,500 for Restorative workshops b) A grant was received on 8/12/23 for £4,000 for Restorative workshops c) A donation of £500 was received on 29/2/24 for Ipads**
Page **7** of **8**
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