Registered number: 10537823 Charity number: 1183150 RUSSELL MALIPHANT DANCE COMPANY (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Do¢ ID.. 48d8e4d6c70be627099ft11f4ebac7a243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} CONTENTS Page Reference and admlnlstratlve detalls of the company, Its Trustees and advlsers Trustees. report 2-10 Independent examiner's report ststomont of financial activitlOS 12 Balance sheet 13 Notes to the financial statements 14-26 Do¢ ID.. 48d8e4d6c70be627099ft11f4ebac7a243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Steven Spier, Chair Phillippa Ad8mson Fleur Derbyshire-Fox Stuart Griffilhs OBE Joseph Henry (resigned 15 October 20251 Louise Shand-Brown Hamble Wallace Iresigned 27 May 20241 Company registered number 10537823 Charity registered number 1183150 Registered office Russell Maliph8nt Dance Company Excelsior Studios 17 Sunbeam Road London Eng18nd NW10 6JP Artistic & Executive Director Dr Russell Maliphanl, OBE Accountants Nym8n Libson P8uI LLP Chartered Accounlanls Slatulory Auditors 124 Finchley Road London NW3 5JS Page 1 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial statements of the company for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. Page 2 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} OBJECTIVESAND ACTIVITIES FOR THE PUBLIC BENEFIT For the benefit ol the public to advance the arts through the creation and perfDrmance of dance, exhibitions or otherartistic performances and to advance education by encoLJraging the understanding and appreciation of the performing arts, particularly the art of dance, and meaningful collaboration. The Trustees confirm that, in setting and reviewing the objectives and activities of the company, they have paid due regard to the Charity Commission's guidance on public benefit. OUR VISION Is to create art, relationships and opportunities through dance. OUR MISSION Is to push the boundaries of movement, light, music, and the concepts of dance, opening this up to our global audiences through touring, discussion and education. OUR AIMS We create the conditions within the company where all involved can feel comfortable and supported to produce their best work. We push the artistic boundaries and methodologies, through innovative, experimental collaborations that combine dance with film, site specific settings and other media. We challenge conventional ideas and assumptions of what is best practice, and what is expected from our participants in both learning and performance environments. We champion diversification, critical leedback, environmental understanding, the collection of statistical and ethnographic data, and we embrace the use of empirical Èvidence to bringabout change. We believe listening and learning will help our art be more relevant. We develop tomorrow's dancers, choreographers, administrators and associate collaborators within professional and community settings. RMDC'S work has a proven strong, loyal core audience and our experimentation in form and medium is aimed at bringing in new and more diverse audiences. Russell Maliphant Dance Company IRMDCI objectives aye- Creation and Touring of RMDC dance performances across the world Education and Research DI dance practice and engagement Research and Development of the integration and exploitation of digital technologies into performance. Russell Maliphant Dance Company IRMDCI is a world class contemporary dance company founded on the vision of Olivier award winning choreographer Russell Maliphant OBE, PhD, RMDC'S Artistic Director. Originally founded in 1996 and became a charity in 2016, RMDC is based at Excelsior Studios, in Ealing and occupies a unique space in the UK dance ecology. Over the last 29 years, RMDC has consislenlly created innovative new dance works exploring the special relationship between light, movement and sound lor audiences, professional creatives, emerging talent and young people acrDSS the UK. Russell Maliphant enjoys a world class reputation for his unique contemporary dance choreographyi which has been created in partnership with leading collaborators such as Sylvie Guillem, Robert Lepage, Vangelis, Alexander McQueen, Isaac Julian, Michael Hulls, BalletBoyz, Panagiotis Tomaras and the Lyon Opera Ballet to name but a few. Page 3 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} Maliphant's language is transdisciplinary, spanning formal classical and improvised contemporary techniques, yoga, capoeira and tai chi, and is heavily influenced by lighting technology, anatomy, rolling, physiology and biomechanics. Seminal works include Vortex, Silent Lines, Push, Broken Fall, The Rodin Project and Critical Mass. Awards include= three Olivier awards, four Critics Circle awards, three Southbank Show awards, two Time Out awards and two Knight of Illumination award5. The consistent quality and integrity of RMDC'S work is testament to Maliphant's artistic vision and talent. Alistair Spalding, Artistic Director and CEO of Sadler's Wells London has observed that "The detail and rigour with which Russell focuses on the 'qualily' of movement in his choreographic craft is second to none and produces choreographic masterpieces" 2024125 ACHIEVEMENTS AND PERFORMANCES A new solo creation titled 'ln A Landscape, was completed Nine performances at five different venues reaching 1620 people Three shows at studio 17 Excelsior, London Three shows at The Coronet Theatre, London One show case at Sadler's We115 East, London One show at Dance East, Ipswich One show at Lakeside Arts Centre, Nottingham Two workshops & nineteen regular online classes for non-dancer individuals One 'Creative intensive, programme development for twenty dance professionals & makers with plans to launch in spring 2026 11 New Solo'ln a Landscape. production. A new solo choreographed and performed by Russell Maliphant, created with video artist and lighting designer Panagiotis Tomaras and with an original score by Dana Fouras. For In a Landscape, the creative process began with a period of research and experimentation - an element ol which was exploring how different textiles and fabrics could transform under light and in dialogue with movement & music. This theme was developed through the work as the lighting became an active partner to the dancer, shaping atmospheres and perception by shifting focus, direction, and intensity of light. Through testing how fabrics moved and caught the light, a visual language was developed where texture, rhythm, and shadow became extensions of the choreography. This interplay culminates in the final section, where light, dancer, music and fabrics converge to create a hypnotic and immersive state of quiet suspension and grace. Reviews for 'ln A Landscape,: "I could watch it r&pe8tedly, W&ek-after-wk., * Graham Watts ' The simplicity of Maliphant's new solo, In a Landscape, is awe inspiring., (Maggie Foyer, Seeing Dancel "In a Landscape shows Maliphant still has terrific things to say as both a dancerand choreographer., ** (Bruce Marriot, lor Lifted Leg) Page 4 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} ' This immersive, mesmerising 30-minute piece is danced, too, by diaphanous drapes and shadows cast by Maliphant as a result of Ponagiotis Tomaris's extraordinarily ingenious lighting., * ere55a Guerreiro- London Unattached) 21 '1n A Landscape. & 'Atterlight' performances. To create a full evening of stand-alone dance, the solo In a Landsc3pe was paired with the 2009-piece Afterlight- danced by the exceptional Daniel Proielto AfterLight revisits Nijinsky's visionary geometry and imagination. Fifteen years on, the work remains a hypnotic study of circles, spirals and reflection, accompanied by Erik Satie'5 Gnossiennes. Reviews for 'Afterlight': "It's hard to put into words the hypnotic nature of his movement." "I'm already looking fonvard to the time when I'llget to see Itagain. (Tere55a Guerreiro- London Unattached) "This is a small miracle of creation., ** (Maggie Foyer- Seeing Dance) Two short lilms were also added to the programme, created previously with the photographerJulian Broad. Both would be impossible lo perform live.. As Teressa Guerreiro explains.. 'The two short films runningin a loop in the studio are studies in movement. The first offers the opportunity to watch Dana Fouras, who was herself a remarkable dancer both as a classical ballerina and later as a powerful interpreter of Maliphant movement. Backlit, she animates the generous folds of designer Stevie Stewart's dark costume with her flowingèrms andcontinuous turns. In the second, Maliphant, suspended horizontally from an elastic bandjustabove the ground, explores the possibilities of movement, balance and control." Venues visited durin FY 2024-25.. 6th December 2024- Studio 17 Excelsior, London. The new 5010 work in progress preview show, London 26th February 2025- Sadler's Wells East, London. Excerpt of 'ln A Landscape, presented at the fundraising gala evening 10th - 12th March 2025 - The Coronet Theatre, London. 'In A Landscape, & 'Afterlight' programme13 performances) 18th - 20th March 2025 - Studio 17 Exce15ior, London. 'In A Landscape, public showing at the studio13 performances) 13th March 2025- DanceEasl, Ipswich. 'In A Landscape, performance with films & post show talk 25th March 2025- Lakeside Arts Centre, Nottingham. 'In A Landscape, performance with films & post show talk The tour continues in 2025-26, including three repeats of the programme at The Coronet Theatre, eight international pertormances al the EDF Foundation, Paris, four performances at Sadlers Wells East, with special guest Alina Cojocaru performing the WDrk Two, and participation in ATG Entertainment programme in Spring 2026 & Pavilion Dance South West in Autumn 2026. Also, the full length version of Vortex will be re-staged and presented for three performances at Teatr05 Del Canal in Madrid, Spain, marking the first re-staging since June 2023. Page 5 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} 3) Workshop & Cla55es for nOnancer individuals. Starting from January 2025 RMDC held a series of workshops & online classes for non-dancer individuals and decided to continue this activity throughout 2025-26 to broaden our skillset sharing & approach to movement. The workshops and classes focus on awareness through movement and improving physical and mental health, as well as raising awareness ol Maliphant's practices and approaches, used not only for professional purposes, but 8150 to maintain his own personal health and help to remove restrictions that may be experienced due to physicallmental stres5 or trauma or decline5 Usually associated to the process of ageing. Online classes draw from Russell's extensive experience in dance, bodywork, Somatic movement, anatomy and biomechanics. The sessions do not require prior dance experience and participants can engage at their own level of ability. Each class includes movement awarene55 practices, stretching lor health, and core engagement, and breathwork practices to relax, integrate & invigorate the nervous system. Workshops are held in-person, monthly at Studio 17 Excelsior, Ealing. Each workshop is focused on a different theme of movement practice and includes theoretical articles and imagery about the latest fascial research. Exercises are designed to help unlock greater ease, efficiency, strength, and integration in bodies. By the end of March 2025, the RMDC had organised 19 online classes with 62 unique participants and 2 workshops with 27 unique participants. As a 'local' incentive, one of the workshops was provided free for the local community and gave everyone interested, regardless of their financial means, the opportunity to attend and sample Russell's approach with practlC81 movement exercises that can be pract15ed at home. Participants feedback= '1 left feelingmore knowledgeable andconnected to my body. I learnt not to fear movement, especially following injury, and thatit is possible to find ease of movement with consideration, care and understanding of the whole body Nicky "Russel's classes are a great way to condition the body, touch base with. yourrehab needs and plan goals. He offers the sophi5tic3tion of full-bodied practice informed through hi5 experience as a high-endathlete and creative while also being able and willing to supportyou with adaptations foryour own rehab and athletic needs. Expressive andprecise language, adept somatization and complete whole-body workout. Highly recommend. '_ Camelia 41 'Creative Intensive, programme development. This is a programme sharing the unique company approach to the process of creation which can be scaled and adapted to different movement and aesthetlc sensibilities, venues and budgets. Designed to explore the relationship between movement, light, and sound as artistic and draMatUlCal tools. This five-day intensive programme intends to.. Equip participants with the creative awareness and technical toci15 to develop new work with light as a partner Page 6 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} Share RMDC's unique methodologies developed over 30 years of interdisciplinary process & practice Establish the foundation for a sustainable educational initiative This 5-day intensive 15 designed for individuals looking to deepen their understanding of processes & possibilities in creating and producing their own dance or performance pieces. Participants will explore how light shapes perception, how sound sculpts space, and how these elements intersect with movement to create layered, emotionally resonant performance5. Our goal is to equip mentees not only with practical skills, but with an expanded artistic perspective. One aim of this initial project is to collect initial insights and refine the programme further into a fully developed educational package. This will enable the RMDC team to support and share with young professionals from project conception to production launch and touring. FINANCIAL REVIEW At the balance sheet date, the total reserves were £138,681 12024.. £178,225), of which £38012024= £Nill were restricted funds, £Nil12024= £155,000) were designated funds and £138,30112024= £23,225) were general unrestricted funds. At the balance sheet date, the company held fixed assets of £Nil12024.. £2581, cash at the bank and in hand of £68,80312024.. £152,006), debtors of £116.28712024: £30,961) and creditors of £46,40912024= £5,000). Income for the period totalled £208,67112024= £326,709) consisting of income from donations and legacies of £70,00012024.. £256,7151, income from charitable activities of £138,24512024= £68,416) and income from investments totalling £42612024.. £1,5781. Expenditure on charitable activities totalled £248,21512024.. £677,220), resulting in a net loss of £39,54412024= £350,511). FY 2024125 was a year of new work development and creation. During this year RMDC funding was associated with securing £IOO,000 funds from Cockayne Foundation and £15,000 co-commissioning funds from Sadler's Wells for the production of new work. Our core income was covered by the commercialisalion of our studio with trading income of £27,750, individual donation of £1,360 and by securing touring income of £16,417. PLANS FOR FUTURE PERIODS Our purpose for the FY 2025126 is to expand our touring activitie5 in the UK and internationally through a flexible model tailored to different venues and budgets. Our porttolio currently includes several solo pieces that can be combined into one programme or performed separately, las for the EDF Foundation), as well as the popular and ever-interesling Vortex, which it is intended to offer in conligurations with three or five dancers enabling different transportation cost5 depending on the construction of the wall which 15 the main heavy set of the performance. Our expected unrestricted income from touring activity for FY 2025126 is £150,000. In FY 2025126 the studio's revenue is expected to be increased by 40/0 Wlth total income 01 £39,000 through stronger marketing and special offers for our regular customers. We also intend to strengthen our c05t coverage through ongoing workshops and classes, with an expected income of £20,000 from this activity. Additional expected income from our intensive programme for dance professionals is £4,000. Page 7 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} FREE & RESTRICTED RESERVES A target minimum operating reserve of £30,000 is held to provide financial stability to the company while making sure that funds are used to achieve the charity's aims wherever possible. The board feels this is adequate to cover3 months ofwind down expense5. At the reporting date, the charity maintained free reserves of £138,301, which is considered adequate and meets the requirements of the minimum operating reserves target noted above. The restricted funds for the new work 'ln a Landscape. development and production at the end of FY 2023124 was £85,000. This allowed the company lo fund the new work creation with production costs of £84,620. The final part of the restricted fund will be received in the FY 2025126 and will cover part of the touring costs. GOING CONCERN After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. STRUCTURE. GOVERNANCE AND MANAGEMENT The company is a charity limited by guarantee, incorporated on 22 Decernber 2016, amended by special resolution adopting new Articles of Association on 9 April 2019, and registered as a charity on 29 April 2019. The Memorandum of Association, which established the objective and powers ol the charitable company and 15 governed under its Article of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. A full review of the Memorandum and Articles of Association was undertaken during 2019 by our lawyers, Counterculture Partnership LLP. This review ensured that the Governing document continues to be fit for purpose. The company currently has a Board ofTrustees of five members, who meet on average once every three months. Trustees are responsible for the strategic direction, the policies of the charity and lor reviewing its financial affairs. Steven Spier (Chairl Louise Shand-Brown Pippa Adamson Fleur Derbyshire-Fox Stuart Griffiths OBE Joseph Henry- resigned 15th October 2025 Hamble Wallace- resigned 27 May 2024 The quorum of Trustees at a general meeting cannot be less than three Trustee5 present in person, or digital conlerencing, or proxy. All day-to-day running decisions are made by the Executive Director l Artistic Director. The Executive Direclorl Artistic Director is responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. All artistic planning and policy decisions are made by the Artistic Director. All Trustees give their tirne voluntarily and receive no remuneration or other benefit from the charity. Artistic l Executive Director- Dr Russell Maliphant, OBE Page 8 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} Risk Management A risk register has been developed, risks are prioritised, and high rated risk5 are discussed regular Board of Trustees meeting. Should any high or extreme risk become evident in bebeen meetings, the Artistic l Executive DirectDr will inform the Trustees and agree on action to be taken in mitigation, agreed by the majority of Trustees by email. The Board of Trustees is Satisfied that all major risk5 have been identified and that system5 and actions are in place to mitigate those risks. RelatedParties There are no related parties guiding the work of the company. The above report has been prepared in accordance with the provisions applicable to companies subject lo the small companies, regime as set out in Part 15 of the Companie5 Act 2006 and in accordance with the Charitie5 SORP IFRS 1021. Page 9 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees Iwho are also the directors of the company for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the company and of ils incoming resources and application of resour$, including Ils income and expenditure, for that period. In preparing these financial statements, the Trustees are required lo.. select suitsble accounting policies and then apply them consistently", observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting eslimales that are reasonable and prudent., stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material departures disclosed and explained In the financial statements., prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy al any lime the financial position of the company and enable them to ensure that the financial stslements comply wth the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. Approved by order of the members of the board of Trustees on 16 Dember 2025 and signed on their behalf Steven Spier Ichair of Trustees) J&uL JF£éA Page 10 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent Examinerfs Report to the Trustees of Russell Maliphant Dance Company Ilhe company.) I report lo the charity Trustees on my examination of the accounts of the company for the year ended 31 March 2025. This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters l am required lo stste lo them in an independent examiner's report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the Company and the Company's Trustees as a body, for my work or for this report. Responsibilities and Basis of Report As the Trustees of the company land ils directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. 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 the company's accounts carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acfl. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent Examiner's Statement I have completed my examination. I confirm that no matters have come to my attenb.on in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or the accounts do not accord with those records", or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 lo enable a proper understsnding of the accounts lo be reached. Signed.. Andrew Thomas IACAI Nyman Libson Paul LLP Chartered Accountsnts 124 Finchley Road London NW3 5JS Dated.. 16 December 2025 Page11 Do¢ ID.. 48d8e4d6c70be627o99ft11f4eba¢79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDED 31 MARCH 2025 Restricted funds 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitsble activities Investments 70,000 15,000 70,000 138,245 426 256,715 68,416 1,578 123,245 426 Total income 85,000 123,671 208,671 326,709 Expenditure on: Charitsble activities 84,620 163,595 248,215 677,220 Total expenditure 84,620 163,595 248,215 677,220 Net movement in funds 380 139,9241 139,5441 1350,5111 Reconclllatlon of funds: Tot81 funds brought forward Nel movement in funds 178,225 139,9241 178,225 139,5441 528,736 1350,5111 380 Total funds carrled forward 380 138,301 138,681 178,225 The notes on pages 14 to 26 form part of these financial statements. Page 12 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} REGISTERED NUMBER: 10537823 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets 258 258 Current assets Debtors Cash al bank and in hand 116,287 68,803 30,961 152,006 185,090 182,967 Creditors.. amounts falling due within one year 146,4091 15,0001 Net current assets 138,681 177,967 Total net assets 138,681 178,225 Charity funds Reslricled funds 10 380 Unrestricted funds 10 138,301 178,225 Total funds 138,681 178,225 The company was entitled lo exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and preparation of financial statements. The financial stslemenls have been prepared in accordance with the provisions applicable to entities subject lo the small companies regime. The financial stslemenls were approved and authorised for issue by the Trustees on 16 December 2025 and signed on their behalf by.. Steven Spier (Chair of Trustees) The notes on pages 14 to 26 form part of these financial statements. Page 13 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Russell Maliphant Dan Company meets the delinilion of a public benefit entity under FRS 102. Assets and liabilities are Initially recognised al historical cost or transaction value unless otherwise stated in the relevant accounting policy. 1.2 Company status The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. 1.3 Going concern The Trustees have reviewed the circumstances of the company and consider that adequate resources wnlinue to be available lo fund the activiles of the company for the forseeable future. For this reason the Trustees continue lo adopt the going cOnM basis in preparing the financial statements. 1.4 Income All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are recognised in the SOFA in accordan with the grant agreement. Donations are recognised on reipl. Other income is recognised in the period in which it is receivable. 1.5 Expenditure Expenditure is recognised On there is a legal or constructive obligation lo transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Support costs are those costs incurred directly in support of expenditure on the objects of the company. Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs. Page 14 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl 1.6 Government grants Government grants relating lo tsngible fixed assets are treated as deferred income and released lo the statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the statement of financial activities as the related expenditure is incurred. 1.7 Tanglble flxed assets and depreclatlon Tangible fixed assets are carried al cost, net of depreciation and any provision for impaimient. Depreciation is provided al rates calculated lo write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis.. Computer equipment 250kn straight line 1.8 Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company., this is normally upon notification of the interest paid or payable by the Bank. 1.9 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. 1.10 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 1.11 Llabllltles Liabilities are recognised when there is an obligation at the Balan Sheet date as a result of a past event, il is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates il will pay to settle the debt or the amount it has received as advanced payments for the goods or ServIS it must provide. 1.12 Flnanclal Instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. Page 15 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuedl 1.13 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objecb'ves of the company and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Income from donatlons Restricted Unreslricled funds funds 2025 2025 Total funds 2025 Totsl funds 2024 Grants 70,000 70,000 256,715 Total 2024 256,715 256,715 Anatysis of grants 2025 2024 Arts Council England - NPO funding Arts Council England - Other The London Community Fund 147,924 98,791 10,000 70,000 70,000 256,715 Page 16 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Restricted Unreslricled funds funds 2025 2025 Total funds 2025 Totsl funds 2024 Touring income Education Income Commission Fees Donations Theatre tax relief 16,417 27,770 16,417 27,770 15,000 1,411 77,647 38,730 3,900 10,000 1,000 14,786 15,000 1,411 77,647 15,000 123,245 138,245 68,416 Tot812024 68,416 68,416 Analysis of expenditure by activities Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Total funds 2024 Direct costs 52,462 195,753 248,215 677,220 Totsl 2024 477,576 199,644 677,220 Page 17 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expenditure by activities Icontinuedl Analysls of dlrect costs Total funds 2025 Total funds 2024 Production Costs Production Touring Costs Education Programmes 37,519 14,888 55 185,217 276,571 15,788 52,462 477,576 Analysis of support costs Total funds 2025 Total funds 2024 staff costs 81,897 256 Depreciation General Adminislralive Costs Legal and professional costs Consultancy Motor and Travel costs Premises costs Research Freelan costs 258 15,220 9,907 800 43,282 10,004 6,475 105 14,804 1,979 40,842 48,159 121,409 195,753 199,644 Page 18 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Staff costs 2025 2024 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 76,856 3,998 1,043 81,897 The average number of persons employed by the company during the year was as follows.. 2025 No. 2024 No. Employees The number of employees whose employee benefits {excluding employer pension costs) exceeded £60,000 was.. 2025 2024 In the band £70,001- £80,000 Employee benefits for key management personnel lolalled £45,51812024.' £98,846). Trustees. remuneration and expenses During the year, no Trustees reiVed any remuneration or other benefils12024 - £NILI. During the year ended 31 March 2025, no Trustee expenses have been incurred12024 - £NILI. Page 19 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Tangible fixed assets Computer equipment Cost or valuation At 1 April 2024 1,026 At 31 March 2025 1,026 Depreciation At 1 April 2024 Charge for the year 768 258 At 31 March 2025 1,026 Net book value At 31 March 2025 At 31 March 2024 258 Debtors: Amounts due within one year 2025 2024 Trade debtors Tax recoverable 17,955 92,433 5,899 12,000 14,786 4,175 Other debtors 116,287 30,961 Page 20 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Creditors: Amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income 40,909 5,500 5,000 46,409 5,000 Page 21 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Statement of funds ststement offunds - current year Balan at 31 March 2025 Balan at 1 April 2024 Transfers inlloull Income Expenditure Unrestricted funds Designated Funds Designated minimum operating reserve Future touring programmes RMDC productions RMDC Organisalion Development 30,000 75,000 25,000 130,0001 175,0001 125,0001 25,000 125,0001 155,000 1155,0001 General funds General Funds 23,225 123,671 1163,5951 155,000 138,301 Total Unre$trieted funds 178,225 123,671 1163,5951 138,301 Restricted funds In a Landscape 85,000 184,6201 380 Totsl offunds 178,225 208,671 1248,2151 138,681 Page 22 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Statement of funds (continued) Deslgnated Funds The 'Designated minimum operating reserve, fund relates lo money set aside and agreed by the Trustees as the equivalent of three months of operating expenses, to provide financial stability to the company. The 'Fulure touring programmes, fund relates lo money set aside with the aim to fund future RMDC tours. The 'RMDC productions, fund relates to money set aside with the aim to fund future RMDC productions. The 'RMDC organisation development, fund relates to money set aside by the Trustees to be used in the future development of the company. All designated funds were transferred into the general fund at the end of the reporting period as agreed unanimously by the Trustees. Restrlcted Funds The 'ln a Landscape, fund relates to income received and spent on the RMDC original production 'ln a Landscape,. Page 23 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Statement of funds (continued) ststement of funds - prlor year Balan at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Unrestricted funds Designated funds Designated minimum operating reserve RMDC Vortex Tour 2023134 Three Score Dance Production 60,000 200,000 130,0001 30,000 1200,0001 25,000 200,963 125,0001 1200,9631 EDI Designated Funds Future touring programmes RMDC productions RMDC Organisalion Development 75,000 25,000 75,000 25,000 25,000 25,000 485,963 1425,9631 95,000 155,000 General funds General Funds 42,773 326,709 1251,2571 195,0001 23,225 Total Unrestricted funds 528,736 326,709 1677,2201 178,225 Page 24 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. Analysis of net assets between funds Analysls of net assets between funds - current year Restricted Unrestricted funds funds 2025 2025 Total funds 2025 Current assets Creditors due within one year 380 184,710 (46,4091 185,090 146,4091 Total 380 138,301 138,681 Anatysls of net assets between funds - prlor year Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due within one year 258 182,967 15,0001 258 182,967 15,0001 Total 178,225 178,225 12. Pension commitments The entity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group lo the fund and amounted to £Nil 12024.. £1,043). £Nil 12024.. £Nill was payable to the fund al the balance sheet dale and included in creditors. Page 25 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93
RUSSELL MALIPHANT DANCE COMPANY IA company limited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Related party transactions During the year, a total of £54,517 12024.. £Nill was paid lo R Maliphant, Artistic & Executive Director, consisting of £3,000 of production fees, £45,518 of freelance costs and £6,000 of touring fees. At the balance sheet date, £5,451 12024.. £Nill was due to R Maliphant, and the balan was included within short term creditors. During the year, a total of £26,464 12024.. £13,182) was paid lo D Maliphant, a relative of the Artistic & Executive Director, R Maliphanl, consisting of £9,366 of production fees and £14,298 of freelance costs. There were no amounts outstanding to or from D Maliphant as al the balan sheet date. During the year, the company paid £189 12024.. £Nill of expenses lo Artstrust Productions Limited, a charitable company that shared a common trustee with Russell Maliphant Dance Company. There were no amounts outstanding to or from this charitable company as at the balance sheet date. Page 26 Do¢ ID.. 48d8e4d6C70be627099ft11f4ebac79243esf93