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2022-12-31-accounts

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Company number 08816616 Charity number 1193681

Lost Dog Dance Limited

(Limited by Guarantee)

Report and Financial Statements

for the year ended 31 December 2022

Breckman & Company Ltd Chartered Certified Accountants 49 South Molton Street London W1K 5LH

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Contents

Page
Reference and Administrative Details 1
Trustees' Report 2 - 7
Independent Examiner's Report 8
Statement of Financial Activities (including Income and Expenditure Account) 9 - 12
Balance Sheet 13
Notes to the Financial Statements 14 - 20

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Reference and Administrative Details

Constitution

The company is incorporated under the Companies Act, company number 08816616 and its governing document is its Memorandum and Articles of Association. The company is a registered charity (with effect from 2 March 2021), number 1193681.

Directors and trustees

The directors of the charitable company ("the charity") are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.

As set out in the Articles of Association the trustees are appointed by members of Lost Dog Dance Ltd at our Annual General Meeting (AGM) or by postal vote. One third of the members of the board of trustees must stand down at each AGM, and members are eligible for re-election for a maximum of six years, after which they must stand down for a minimum of one year.

Policies and procedures adopted for the induction and training of trustees are ongoing and incorporated indirectly into the regular trustees meetings.

The trustees during the year and since the year end, were :

Alison de Zoete Alvin Ittoo David Lewis Emily Gray Laura Arends Nicola Napier - Chair

Secretary

Ben Duke /Daisy Drury

Chief executive/day to day management

Ben Duke /Daisy Drury

Independent examiners

Breckman & Company Ltd, Chartered Certified Accountants, 49 South Molton Street, London W1K 5LH

Bankers

Santander, Bridle Road, Bootle, Merseyside, L30 4GB

Registered office and operation address

12 Laughton Lodge, Laughton, Lewes, East Sussex, BN8 6BY

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

The trustees are pleased to present their annual directors’ report together with the financial statements for the year ending 31 December 2022 which are also prepared to meet the requirements for a directors’ report and accounts for the Companies Act purposes.

The legal and administrative information set out above forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, The Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Report Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

Lost Dog aims, 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 related workshops and masterclasses.

Lost Dog’s main activities for the public benefit are to:

  1. Create and tour high quality, universally moving and entertaining dance theatre productions

  2. Undertake workshops, residencies and mentoring to support and strengthen the dance/theatre sector

  3. Deliver commissions and collaborations in partnership with other organisations in the cultural, commercial and HE Sector that extend our reach and the diversity of the people that engage with our work.

In shaping our objectives for the year and planning our activities, the Trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Lost Dog Dance Limited (Lost Dog) is a dance theatre company led by award winning director/choreographer Ben Duke. Since 2014 we have created and toured small and mid-scale shows that consistently defy categorisation. Led by a strong narrative and frequently based on well-known books, stories or plays, Lost Dog’s work incorporates elements of dance, theatre, comedy, clowning and circus and finds it audiences in venues of all sizes.

The company is made up of three core team members – Ben Duke (Artistic Director), Daisy Drury (Executive Producer) and Emma Evans (General Manager). In order to deliver our work both on stage and off we rely on teams of loyal and talented freelancers. In 2022 we worked with 53 freelance performers, creatives and theatre practitioners. In addition, none of our work would be possible without strong partnerships with other organisations and in 2022 these partners included The Place, Farnham Maltings, Warwick Arts Centre, Theatre Royal Bury St Edmunds, The Point Eastleigh, Rambert, Sadlers Wells, Théâtre de la Ville in Paris, Theatre Boulevard in S’Hertogenbosch, Phoenix Dance Theatre and the Royal Ballet.

Company Values

Lost Dog aims to create and tour excellent shows widely and well - with consideration for the planet, care for our staff and performers and generosity towards our audiences. We treasure and celebrate the temporary community that is created when people share time, space and air in a theatre - whether that theatre is a village hall or a major metropolitan opera house. We are based at Laughton Lodge in East Sussex and our practice is embedded and influenced by this deeply rural setting where we have an office and access to 2 studios with accommodation. Whenever possible we try to share the space with other artists and collaborators in the hope that they too will be invigorated and inspired by the landscape around them.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

Achievement and performance

AIM 1: Creation and Touring

2022 was topped and tailed by two of our most ambitious projects to date.

A Tale of Two Cities

At the start of the year we completed and toured our first self-produced mid-scale show – A Tale of Two Cities – based on the Dickens novel of the same name . The show premiered at Warwick Arts Centre on Thursday 17 February 2022 before touring to The Lowry, Salford; The Place, London; Théâtre de la Ville, Paris; Corn Exchange, Newbury; Nottingham Playhouse; Norfolk and Norwich Festival and Theater Boulevard Festival, S’Hertogenbosch in The Netherlands.

Covid remained a significant challenge through the early months of 2022 both for our touring team – almost all of whom caught Covid at some point during the tour and were required to self-isolate – and for audiences, who remained cautious about gathering in close proximity. Due to Covid we were forced to cancel two performances and across the tour audience figures were significantly lower than expected.

Despite these challenges A Tale of Two Cities received good reviews and positive audience feedback. Plans are already underway to remount the show for touring in 2024/25.

Ruination

Co-produced by the Royal Ballet for the Christmas Season in the Linbury Theatre at the Royal Opera House, Ruination is an unexpected take on the story of Medea. After a 6-week rehearsal period at Laughton Lodge and at the Royal Opera House, the show premiered on 5 December 2022 and was an instant hit, securing 4 & 5 star reviews in all the national newspapers and a rush for tickets at the box office. The show achieved a total audience of 7,908 which is equivalent to 97% capacity across the run. Audience feedback indicates that some people loved the show so much they saw it three times. At the end of the run, Lost Dog and the Royal Ballet agreed that Ruination would return to the Linbury Theatre for Christmas 2024.

Access

During the pandemic we worked to develop our approach to making shows accessible for d/Deaf and visually impaired audiences and 2022 was our first opportunity to put this research into practice.

Access was a critical strand of activity for the tour of A Tale of Two Cities. We continued our collaboration with BSL interpreter Clare Edwards and delivered 3 BSL interpreted shows across the tour. After a period of development during Covid we were finally able to roll out our Creative Audio Description offer in collaboration with our associate artist Raquel Meseguer Zafe. Through regular attendance in rehearsals and thanks to her long-standing creative partnership with Ben, Raquel was able to develop an AD script that was an authentic reflection of the story and his dramaturgy. We presented two AD performances in the UK and one in S’Hertogenbosch where the script was translated into Dutch for 10 visually impaired audience members and their carers and guide dogs. This was the second time we have successfully exported our performance access methodology alongside our international touring – earlier in the year we delivered a BSL interpreted performance of Juliet & Romeo at the Adelaide International Arts Festival in Australia.

For the first time we also developed accessible marketing and communications alongside a tour. This included an access webpage including audio files of the freesheet, programme note, show introduction and an easy read performance guide, as well as audio files and sketches from the creatives explaining their process. We created audio described and BSL interpreted trailers ensuring all audience members were able to access marketing information.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

We engaged an Engagement Producer, Joanne Skapinker, who supported the team in developing an accessible workshop offer- which included the first integrated youth dance session at The Place, bringing together Candoco Youth and Shift Dance Co, CPD sessions for the cast with accessible practice expert Adam Benjamin, and arranged group access bookings throughout the tour.

We remain committed to embedding these audience access principles and sharing them with our partners, both national and international, where possible and so we were delighted to work with the Royal Opera House on making Ruination accessible to d/Deaf and visually impaired audience members through an integrated BSL performance with new collaborator Katie Fenwick and a touch tour and audio described performance with a script written by Raquel Meseguer Zafe (the first accessible performance of its kind in the Linbury Theatre’s history).

International

2022 saw a strong resurgence in international opportunities for Lost Dog. Alongside the performances of A Tale of Two Cities in France and The Netherlands, there was significant demand for our smaller scale shows from international partners. In 2022 Juliet & Romeo toured to Adelaide International Arts Festival, Australia and Istanbul International Theatre Festival, Turkey while Paradise Lost (lies unopened beside me) was specially remounted for the Grec Festival in Barcelona.

Saturday 5 March 2022 was a landmark day for Lost Dog. With Juliet & Romeo running in Adelaide and A Tale of Two Cities at The Place in London we achieved a long-held ambition to have more than one show on stage at one time. For a small organisation this is a significant achievement and one that we intend to repeat more frequently in future years.

Another high note was on 3 November when Juliet & Romeo performed in front of over 1,000 people – its largest single audience ever - as part of the Istanbul International Theatre Festival (with a similar number at the second performance the following night).

Despite the challenges presented by Covid, Brexit and the cost of living crisis Lost Dog is bucking current downward trends in international touring. In 2022 nearly one third of our turnover (58% of our total performances and commission fees) came from overseas partners.

Awards

We were thrilled by the recognition our work received on the 2022 Awards circuit. Notable nominations and awards included:

National Dance Award for best Contemporary Choreography for Ben Duke for

Ruination (Ben also received a nomination in this category for Cerberus that he created for Rambert in 2022)

National Dance Award for best Mid Scale Company for Lost Dog

Olivier Award Nomination for Raquel Meseguer Zafe for her work as dramaturg on Ruination National Dance Award Nomination for JD Brousse for his role as Hades in Ruination

Audiences & Reach

In 2022 Lost Dog’s work on stage reached 18,021 people in 6 different countries, achieving an average audience capacity of 71%. These are the largest audience figures in Lost Dog’s 20 year history.

Audiences expressed their appreciation for our work across all our social media platforms:

“Spent the evening watching A Tale of Two Cities at Nottingham Playhouse. I’m not normally a fan of contemporary dance but that was so good I’d book tickets to watch it again tomorrow”

“Ruination by Lost Dog is seriously, SERIOUSLY brilliant. It’s the myth of Medea. It starts as knockabout comedy and ends as searing tragedy. I was so absorbed I didn’t notice when one stopped and the other began. I have ended my theatre/dance year on a heartbreaking high”

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

With our work back on stage after the pandemic hiatus we saw our Social Media reach increase to over 10,000 followers across all platforms and visits to our website increased by 75% to 17,000. Digital promotional materials for A Tale of Two Cities (which were the central pillar of our marketing campaign for that show) were viewed 51,149 times and in December an insight evening that Ben and the Ruination company hosted at the Royal Opera House was live streamed to 13,000 viewers around the world. As a very small company, our capacity to generate digital reach is limited but our impact is hugely magnified thanks to our partnerships with larger organisations and venues.

AIM 2: Workshops and Mentoring

Lost Dog’s annual Autumn Residency ran for 4 days in early September. We welcomed 18 artists of various disciplines to Laughton Lodge for a long weekend of creativity. Winifred Burnett-Smith ran morning movement meditation classes and Mason Pretorius joined the Residency team as Residency Assistant. We provided 2 bursary places - one for an artist over 40 and another for a recent graduate - in addition we offered one space to an up-and-coming artistic director for a 50% reduced fee.

“ It was honestly one of the best workshop residencies I have ever taken part in. Every part was well thought out, the environment was so welcoming and the people really made it, both company and participants ” – 2022 Residency participant

Sector Support

Beyond the residencies we have continued to support the wider dance sector through Lost Dog @ Laughton which is our programme of mentoring and support for artists & companies. This support takes many forms and has at its heart our firm belief that openness and generosity – with our expertise, our resources and our process – makes us a stronger more resilient company. In 2022 this support included 2 companies accessing subsidised rehearsal space and accommodation at Laughton; 14 artists and companies receiving mentoring and support from our producing team; 1 artist observing rehearsals for Ruination ; and 4 artists receiving creative mentoring from Ben.

AIM 3: Partnerships and Collaborations

Sadlers Wells Young Associates

The Sadlers Wells Young Associates are a group of emerging choreographers who receive 2 years of support from Sadlers Wells and culminates with the presentation of a new short work on the Main Stage. In 2022 we were invited to mentor the four Associates – Vidya Patel, Magnus Westwell, John William Watson and Olive Hardy – through their preparations for these performances which took place on Wednesday 26 October 2022. Our package of support included time with Ben both in person and remotely and week-long residencies for each artists in our studio at Laughton Lodge.

Cerberus for Rambert

In addition to his work for Lost Dog, Ben Duke undertakes commissions as an independent artist - his most notable success being Goat for Rambert in 2017 which earned him an Olivier Award nomination. In 2022 Ben returned to work with Rambert on a new short piece - Cerberus - based on the myth of Orpheus & Eurydice which premiered at Sadlers Wells on 18 May 2022. The show undertook a short tour (as part of a triple bill) and will return in 2023 alongside Goat in an evening of Ben Duke’s work for Rambert entitled Deathtrap.

Board Update

There were no changes to the Board of Trustees this year. However, in June 2022 we were deeply saddened to hear of the death of Bob Lockyer who was Chair of Lost Dog from 2014 to 2021. His kindness, wry humour and insight were a constant source of inspiration and support and he will be greatly missed.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

Financial Review

In 2022 outgoing resources of £344,789 (2021: £188,210) exceeded incoming resources of £305,823 (2021: £245,743). This was a planned and expected deficit due to the creation and tour of A Tale of Two Cities crossing the financial year and was balanced by £84,580 brought forward from 2021.

At the balance sheet date, the net assets of the company were £45,614 (2021: £84,580) of which £7,623 was restricted funds.

Reserves Policy

The trustees have considered the charity’s requirements for reserves. In light of the main risks to the organisation as detailed below the board believes that the appropriate level of free reserves should be a minimum of £36,000 – equivalent to 3 months of overhead costs. Our current free reserves are £37,990.

Major Risks

At quarterly board meetings the trustees review and update a Risk Register which outlines the major risks to the company and the systems put in place to mitigate these risks. The main areas of identified risks and mitigations are:

Structure, governance and management

Governing Document

Lost Dog Dance Limited is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commissioners of England and Wales.

Appointment of Trustees

Trustees are nominated through the process set out in the Articles of Association.

Organisation and Structure

The board of trustees administers the charity. The main business of the board is conducted through quarterly board meetings but these are frequently interspersed with one to one meetings with individual board members when matters related to their individuals expertise arise. Responsibility for the daytoday running of the organisation is delegated to the Artistic Director and Executive Producer, within the terms of delegation approved by the trustees, on matters of management, creative output, finance and HR.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Trustee’s Report

Small company exemptions

The above report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 27 September 2023 and signed on its behalf by

Nicola Napier (Chair) Trustee

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Independent Examiner's Report to the Trustees of Lost Dog Dance Limited

I report on the accounts of the charity for the year ended 31 December 2022, which are set out on pages 9 to 20.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

ꞏ examine the accounts under section 145 of the 2011 Act;

ꞏ follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and

ꞏ state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements: ꞏ to keep accounting records in accordance with section 386 of the Companies Act 2006; and

ꞏ to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Richard Nelson FCCA Breckman & Company Ltd Chartered Certified Accountants

49 South Molton Street London W1K 5LH

27 September 2023

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

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

Unrestricted
Restricted
funds
funds
Notes
£
£
Income and endowments from:
2
Donations and legacies - page 10
17,904
-
Charitable activities
Theatre - page 10
208,163
50,902
Investments
9
-
Other
28,845
-
Total
254,921
50,902
Expenditure on:
Raising funds:
Fundraising
54
-
Charitable activities:
Theatre - page 11
276,126
68,610
Total
276,180
68,610
Net income / (expenditure)
)
(21,259
)
(17,708
Reconciliation of funds:
Total funds brought forward
59,249
25,331
Total funds carried forward
12, 13
37,990
7,623		 2022
Unrestricted
Restricted
Total
funds
funds
£
£
£
17,904
92,981
-
259,065
86,546
65,172
9
3
-
28,845
1,041
-
305,823
180,571
65,172
54
-
-
344,736
148,369
39,841
344,790
148,369
39,841
)
(38,967
32,202
25,331
84,580
27,047
-
45,613
59,249
25,331		 2021
Total
£
92,981
151,718
3
1,041
245,743
-
188,210
188,210
57,533
27,047
84,580

The notes on pages 14 to 20 form an integral part of these financial statements.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

9

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Year ended 31 December 2022

Income from donations and legacies
Grants
Arts Council England (ACE) - Covid Support Funding
Donations
Donations
In kind (Farnham Maltings)
Income from charitable activities
Theatre income
Commission fees - UK
Performance fees - UK
Space hires/reimbursements/sundry income
Workshops/mentoring
Commissions- International
Fees & Box Office - International
Project specific funding
Grants/Donations
ACE - A Tale of Two Cities
ACE - Developing your Creative Practice
Donations
Production donations
1,354		 2022
£
10,084
10,084
4,668
3,152
17,904
27,000
41,475
34,065
10,176
20,433
75,014
208,163
49,548
-
49,548
1,354
50,902		 - 2021
£
79,872
79,872
500
12,609
92,981
41,950
19,349
4,745
20,502
-
-
86,546
57,549
7,623
65,172
-
65,172

10

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Year ended 31 December 2022

Expenditure on charitable activities
Theatre
Production costs
Production costs/fees/etc
Staff costs - in kind
Marketing/audience development
Travel/accommodation/subsistence
Access costs
Depreciation of office equipment
Support costs - page 12
Governance costs - page 12		 2022
£
242,323
3,152
14,507
63,381
6,859
467
330,689
8,762
5,285
344,736		 2021
£
146,944
12,609
5,792
12,339
-
471
178,155
5,905
4,150
188,210

11

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Year ended 31 December 2022

Support and governance costs
Office overheads
Rent
Insurance
Administration costs
Computer costs
Subscriptions/licences
Sundries
Professional/financial
Bank charges
Governance costs
Professional fees
Accountancy/consultancy/bookkeeping		 2022
£
3,940
2,379
608
312
708
815
300
4,985		 £
6,319
1,628
815
8,762
5,285
14,047		 2021
£
2,933
1,244
676
563
384
105
300
3,850		 £
4,177
1,623
105
5,905
4,150
10,055

12

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Balance Sheet 31 December 2022

Notes
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Cash at bank and in hand
Liabilities
Creditors: amounts falling
due within one year
9
Net current assets
Total assets less current liabilities
Creditors: amounts falling due
after more than one year
10
Net assets
The funds of the charity
Unrestricted funds
12
- General fund
- Designated funds
Restricted funds
13
Total charity funds		 2022
£
14,728
64,944
79,672
)
(13,341		 £
1,492
66,331
67,823
)
(22,210
45,613
37,990
-
37,990
7,623
45,613		 2021
£
16,994
117,877
134,871
)
(25,056		 £
1,414
109,815
111,229
)
(26,649
84,580
12,249
47,000
59,249
25,331
84,580

For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

ꞏ The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

ꞏ The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements were approved by the Board of Trustees on 27 September 2023 and signed on its behalf by

Nicola Napier Emily Gray Chair Trustee

The notes on pages 14 to 20 form an integral part of these financial statements.

13

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

1. Accounting policies

1.1. Basis of preparing the financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (issued in October 2019) 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) - (Charities SORP (FRS 102)), and the Companies Act 2006.

The charity 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).

1.2. Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

1.3. 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.

1.4. Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements

for the year ended 31 December 2022

1.5. Incoming resources

All incoming resources are included in the Statement of Financial Activities when:

- Donations and legacies

Grants/donations are recognised in incoming resources in the year in which they are receivable, except as follows:

- Charitable activities

Theatre - income from box office, performance fees and sundry other theatrical income is included in incoming resources in the period in which the relevant show takes place.

Project specific funding - when donors specify that donations and grants are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

- Donated services and facilities

Donated services or facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

- Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

1.6. Expenditure

All expenditure is included on an accruals basis inclusive of any VAT which cannot be recovered and is recognised when:

- Costs of raising funds

Costs incurred in attracting donations, and those incurred in trading activities that raise funds.

- Charitable activities

Theatre - costs incurred in production and running of productions toured in the year.

- Support costs

The administrative and overhead costs associated with running the office from which the company operates as well as governance costs. Support costs are wholly attributable to theatre production costs.

- Governance costs

Costs associated with the constitutional and statutory requirements of the charity.

Individual fixed assets costing £1,000 or more are capitalised at cost.

Depreciation is provided at annual rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures/fittings/equipment

1.8. Fund accounting

Funds held by the charity are either:

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

1.9. Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value, and subsequently measured at their settlement value (with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method).

16

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

2. Incoming resources

The percentage of income for the year which derived from outside the UK was 31%.

3. Other income

Theatre Tax Relief (TTR) received £28,845 (2021 - £1,041)

4. Net income/(expenditure) for the year is 2022 2021
stated after charging: £ £
Depreciation of tangible fixed assets 467 471
Independent examination -
- external examination 2,500 2,500
- other services 1,350 1,350

5. Trustees' emoluments and reimbursed expenses

The trustees received no remuneration during the year.

6. Staff costs and numbers

During the year the company had no employees

The trustees were not paid or reimbursed for expenses during the year.

17

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

7.
Fixed assets - tangible assets
Fixtures/
fittings/
equipment
£
Cost
1 January 2022
1,885
Additions
545
31 December 2022
2,430
Depreciation
1 January 2022
471
Charge for year
467
31 December 2022
938
Net book values
31 December 2022
1,492
31 December 2021
1,414
8.
Debtors
2022
£
Trade debtors
4,063
Other debtors
755
Prepayments
9,910
14,728
9.
Creditors: amounts falling due
2022
within one year
£
Bank loan
3,290
Trade creditors
-
Other taxation/social security
4,160
Accruals
5,891
13,341		 Total
£
1,885
545
2,430
471
467
938
1,492
1,414
2021
£
2,580
2,984
11,430
16,994
2021
£
3,351
4,075
-
17,630
25,056

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DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

10.

Creditors: amounts falling due 2022 2021
after more than one year £ £
Bank loan 22,210 26,649

11. Limited by guarantee

The private limited company is limited by guarantee, registered in EW - England and Wales, and does not have a share capital. Each member gives a guarantee to contribute a sum, not exceeding £1, to the company should it be wound up. At 31 December 2022 there were 6 members.

12. Unrestricted funds Brought Incoming Outgoing Carried
forward resources resources forward
£ £ £ £
General fund 12,249 254,921 )
(229,180		 37,990
Designated Funds:
A Tale of Two Cities 47,000 - )
(47,000		 -
59,249 254,921 )
(276,180		 37,990

A Tale of Two Cities

These funds comprise the remaining co-production and co-commission income from The Place, China Plate and Warwick Arts Centre towards the creation of A Tale of Two Cities and were spent in full on the creation and subsequent tour of the show in Spring/Summer 2022.

19

DocuSign Envelope ID: 1BEE65C0-F039-4209-A36B-9CB803D420F1

Lost Dog Dance Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 December 2022

13. Restricted funds Brought Incoming Outgoing Carried
forward resources resources forward
£ £ £ £
A Tale of Two Cities 17,708 50,902 )
(68,610		 -
ACE Developing your Creative Practice 7,623 - - 7,623
25,331 50,902 )
(68,610		 7,623

A Tale of Two Cities

The funds comprised of a portion of £99,097 ACE Project Lottery Grant for the Creation and Tour of A Tale of Two Cities that spanned the year end. The production was completed in 2022 and opened at Warwick Arts Centre on 17 February 2022 before touring to London, Salford, Paris, Nottingham, Norwich and S'Hertogenbosch in The Netherlands.

ACE Developing your Creative Practice

ACE awarded £8,470 under the Developing Your Creative Practice fund to Ben Duke, artistic director of Lost Dog Dance, to explore his ideas around therapeutic storytelling. Due to 3 new projects - A Tale of Two Cities, Cerberus and Ruination - in 2022, this research has been rescheduled for 2023 and all funds received to date are being carried forward.

14. Related party transactions

There were no related party transactions requiring disclosure.

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