fabric
FABRIC CIO
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

FABRIC CIO
CONTENTS
PAGE
Reference and Administrative Detsi15 of the Charity. its Trustees and
Advisors
Trystees. Report
4-18
Independent Auditors. Report on the Financial Ststements
19-23
ststement of Financial Activities
24
Balance Sheet
25
ststement of Cash Flows
26
Notes to the Financial Statements
27-36

FABRIC CIO
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY. ITS
TRUSTEES AND ADVISERS FOR THE PERIOD ENDED AT 31 MARCH 2025
Trustees
John Houlden (Co-chair)
Richard Woods (Co-chair)
Peter Shenton
Monique Morgan (Retired 1 Dec 25)
Dr Farai Pfende
Ann-marie Pugh
Shirfey Lundstram
Eva Martinez
Charity registered number
1196368
Registered office
Bim)ingham Hippodrome
Thorp Street
Binningham
BS 4TB
Independent auditors
PWH Accountancy Limited
The Counting House
High Street
Lutterworth
LE17 4AY
Bank
CAF Bank Ltd

FABRIC CIO
REPORT OF THE TRUSTEES
YEAR ENDED 31 MARCH 2025
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governing Document
The charitable company is govemed by its Constitution as a Charitable Incorporated Organisation.
Its unpaid trustees exercise control and supervision of actiwties and establish policies and priorities.
including agreeing budgets and spending plans. thfough full trustee meetings and meetings of sub-
committees.
Recruitment and appointment of new Trystee5
Qualified. interested and committed indiwduals are recruited to the Fabric Board of Trustees primarily
through advertising and advocacy to relevant contacts and networks. in order to reach individuals from
diverse backgrounds and attract professionals with specific expertise, thereby ensuring a broad base of
skills and experience at Board level. Birmingham City Council have the right to nominate council
representatives.
Induction and Training of TNstees
Initially, potential candidates are invited to meet with the Fabric Senior Leadership and Trustees. in order
to discuss the work and vision of the organisation and ascertain what they have to offer and how they
hope to develop through their involvement. The Board of Trustees then votes to make a formal
appointment.
Trustees are kept up to date with changes in charity law and receive training and relevant Charity
Commission documentation as and when necessary.
Or9anlsational Structure
The day-to-day operational actiwties of the charitable company in this period were delegated by the
Board of Trustees to a staff team, led by Chief Executive & Artistic Director. Paul Russ, and Deputy Chief
Executive. Clare Lewis. along with a leadership and management team working across programmes.
communications. finance and operations.
Pay Policy for Senior Managers
The Twstees and the Senior Leadership Team comprise the key management personnel of the charity in
charge of directing and controlling. running and operating the charity on a day-to-day basis. All Trustees
give of their time freely and no Trustee received remuneration in the year.
Staff pay is reviewed annually by the Trustees. normally in April, and pay increases are applied evenly
to all staff at the charity's discretion. Pay reviews for individuals are also considered in line with roles
and responsibilities, and, where appropriate, recommendations are made by the CEO to the Trustees.
In view of the nature of the charity. the Trustees benchmark against pay levels in other regional dance
and arts organisations of a similar size to er6ure salaties are competitive.

Risk Management
The Trustees have a risk management strategy which comprises-
Review of the principal risks and uncertainties that the charity faces at each Board meeting-
The continual review and maintenance of policies, systems and procedures to mitigate those risks
identified ID the annual revievr.
The implementation of procedures designed to minimise or manage any potential impact on the
charity should those risks materialise.
This work identified that all risks were actively managed and regularly reviewed by the Senior Leadership
Team and Board.
Objectives and Activitie5
The charitable company's objects and powers are such that the charitable company is estsblished=
To advance the education of the public in the subject of the arts of dance and related arts- and
lill For the benefit of the publio to foster and promote the maintenance, developmenL knowledge,
understanding. appreciation and opwrtunity to enjoy these arts.
Public Benefit Statement
The Trustee5 confirm that..
In the exercise of their powers as charity trustees. they have had due regard to the published
guidance from the charity commission on the operation of the public benefit requirement and
The charitable company works towards a balance of local, regional and national impact. It is
committed to enriching the cultural life of the Midlands through creating high quality dance
experiences and training opportsjnities that raise aspirations and inspire creativity. and to
embedding the social value of dance and movement through strategic interventions that improve
the quality of practice in research. creation. perfomiance and participation. The charity engages
people of all ages. abilities. and backgrounds as participants and audience member5, and supports
artists in the development of their practice and careers, enabling dance to thrive for the health,
wellbeing. development and connection of communities. cultures and individuals.

FABRIC CIO
REPORT OF THE TRUSTEES
YEAR ENDED 31 MARCH 2025 - CONTINUED
REVIEW OF ACHIEVEMENTS AND PERFORMANCE FOR THE YEAR
Introduction
Fabric is a strategic dance development organisation based in the Midlands. with sites in Birmingham
and Nottingham. Fomed in August 2022. Fabric was created from the fornial merger of Dancexchange
and Dance4. bringing together over 60 years of combined experience.
This year saw Fabric developing dance moves people. our 10-year strategy- the first since our merger.
Reflecting on intemal and extemal conversations and sector research undertaken since the merger,
informed by the regional and national sector ecology, the strategy crystallised our intentions for sector
growth. through clear segmentation of our work into four comerstones. shaped by our curatorial values.
The Four Cornerstones of Our Strategy
Research - holding a space of curiosity driven by the desire to understand more about what dance is.
what it can be, and what impact it can have physically. emotionally. socially. culturally and curatorially.
Engagement- C￿atIng an accessible and sustainable environment for organisations, artists and
practitioners to connert with people of all ages, abilities and backgrounds, for the joy of dance in all its
forms.
Sector Development- creating, identifying and supporting conditions for growth through strategic
conversations that connect artists. participants. and the work, politically. culturally, and socially.
Presentstion and Showcasing- producing. co-producing and championing art and performance with
dance and movement at its core. to ensure the artform is recognised for the essential role it plays in the
UK'S cultural and creative offering.
Values and Approach
Our approach is informed by Care. Openness. and Rigour through the curatorial values ofr.
Curiosity- an openness to taking risks, being uncertain. and asking difficult questions.
Dlsruption - embracin9 risk-taking, action and investmenL that might distupt old or accepted ways of
working.
Joy- the lens through which everything should be seen and or/approached.

Headline Achievements in 2024-25
We continued to build new systems and working practices, embed fruitful new collaborations and
partnerships. and shape plans to support the future growth and development of the organisation and
sector.
The Fabric team delivered an extensive range of work across our Engagement, Sector Development.
Presentation & Showcasing. and Research Cornerstones. resulting in-.
40 residencies for artists in the UK and abroad. supporting the development of their work and
practice;
10 Bursaries for Artists from England to attend Platforms abroad, 9 International performance
opportunities. 3 Hosted Platforms bringing international promoters to the UL and support for
ArtiStS to tske part in 3 International Delegation5.
2.415 classes. workshops. training sessions. rehearsals and CPD sessions generating 35.178
attendances for youth. community and professional participants."
107 performances and events. engaging 18.996 audiences in venue5 and outdoor spaces across
the region:
118 artists practitioners. tutors. facilitators. consultants and other freelancers engaged in pald
work.
Detai15 of delivery across our Four Comerstones are shared below:
Engagement
Centre for Advanced Training (CAn
Hosted at 10 centres around England. the National Dance Centres for Advanced Training (CATS) provide
world-leading pre-vocational training for 11-18-year-olds with exceptional potential in dance
irrespective of their socio-economic background, breaking the link between background and success.
Funded through the Department of Education's Music and Dance Scheme IMDSI. the CAT has grown to
become the principal pathway to careers in dance, providing full and partial means-te5ted bursaries to
enable attendance by covering training costs.
In 202415. Fabric continued to host two of the CAT centres. in the East Midlands and West Midlands,
alongside Yuva Gati. a specialist national programme delivered in partnership with Sampad South Asian
Arts & Heritage, nurturing young dancers across a tich spectrum of South Asian fomis. This academic
year, we supported a cohort of 89 students across both our centres. of which 64 were beneficiaries of
vital grant-funded places.
The CAT programme is delivered outside of school hours. enabling students to attend alongside
mainstream school, complementing their wider study. Receiving individualised supporL students work
with the UK'S best dance artists, take part in performance opportunities, and prepare for auditions and
professional training - equipping students with the skills and knowledge required to progress to higher

education and on to rewarding careers in dance. 11 out of 12 Fabric graduates this year went on to
Higher Education courses, with 6 progressing to further dance training.
The programme has a substantial impact on social mobility, enabling students to identify. train for,
pursue and become established in ca￿erS that might otherwise be unavailable to them, while inspiring
future professionals.
°Looking back. having that fvjonciol barrier removed through the Department for Education Grant was
absolutely crucial. Without it I wouldn't be where l om today as a working d(Jnce ortist. It's omazing how
removin9 one obstacle - cost- con completely change someones path-
CAT Graduate & Dance Artist
-[CA TJ is on essential dance programme thot 15 doing to more to levd up opportunity in the donce
education Scene thon onything etse."
CAT Tutor
"The CA Tprogromme hos made o profvund difference on my child's lifv ond fvture..
Parent of CAT Student
Recreational Class Programmes
Fabric continued to offer a wide range of recreational dance classes. for all abilities and levels of
experience, as a way to improve wellbeing, connection with others, leamin9 new skills and being active.
Class surveys showed ove￿helMlngIY positive feedback. Below are some responses to the question.
'how does your class make you feel?.:
-more confident, fvlfilled. excited ond eager to return.-
"Theyre a blast they make me happy. l in not o greot dancer but I go with people that are there to enjoy
themselves rather than get down on themselves for missing steps, I thu7k its o greot time."
-It lifts my spirits. and mokes me feel hoppy. It ts often the highlight of my week."
-Closs hos been challenging but extremely beneficiol following my spinal injury. It h05 Strengthened my
core, leg5 and mobility. l fvel confident andposilive obout my fvture heolth."
Applause Youth Dance Femival 2025
This year, we launched a new regional platform. Applause Youth Dance Festival, as part of the U.Dance
framework across England.
Taking place in Fabric's Studios and The Patrick Studio at Bimiingham Hippodrome on 22-23 March.
Applause showcased youth dance from schools and college groups. youth dance companies, private
dance Schools and individuals. We welcomed 24 groups and solo performers from across the East and
West Midlands. with 250 young people taking part in workshops. career experience talks, technical
rehearsals and performances.

Future Shift Youth Company
Fabric's inclusive talent development programme Future Shift continued to meet each month. The
group perforrned The Twelve la piece commissioned last yearl alongside current CAT (Centre for
Advanced Training) students at U.Dance West Midlands in April. The group also created a new
performance piece with StopGap's Chris Pavier. which made its premier at Bimiingham Weekender
Festival in August 2024.
Dance in Schools
Fabric's work in schools remained an integral part of our outreach strategy in this period, aiming to
extend engagement with children and young people in dIVe￿e communitie5 acr055 our region, and to
develop the next generation of audiences. perfomie15. and leaders.
Delivering with experienced artists and practitioners. this year we worked with 46 schools to develop the
skills, creativity, confidence, and wellbeing of the students. and to inspire the teaching workforce with
creative approaches they can use beyond our sessions.
This included tN40 Strategic commissions- Fabric worked with Bimiingham Education Partnership to
deliver a project with Birmingham Arts Schools delivering four network sessions for Secondary School
Dance Teachers, providing training and guidance to support their development of projects in their own
schools. We also collaborated with Sports Bimingham and theii SEND schools, netwo￿ to deliver a CPD
day building skills in the inclusive delivery of dance teaching, followed by a 6-week creative dance
project in four Birmingham-based SEND schools- resulting in at least schools continuing their own
dance provision after the project.
-The programme has fostered a sense of belonging ond creotive expression. which ha5 been especially
beneficiol for students who moy not engage os artively in other extracurricular activities or within the core
curriculum that we deliver...
School Teocher
Sector Development
Talking Thinking Danclng
It has been an ambition of Fabric since the merger to create space to bring the dance sector together in
person, to understand how we can add value to the WO￿ of artists. companies and producers in the
region and beyond. The Midlands has an established dance settor, and so in January 2025. 2 years into
the life of Fabric, we invited presenters working in the region. the UK and overseas to spend three days
with us in Birmingham.
Working in partnership with Midlands-based organisations. Dance Consortium. One Dance UK and
several dance NPOS and independent artists, Tolking, Thinking. Doncing created a space to celebrate the
rich dance offer, to leam about artists. practice. explore opportunities through conversation and
networking.. and to hear about future investment for dance and choreographic research.
Midlands based artists showcased were.. Motionhouse (HIDDEN). Humanhood IVORTEX), Rhiannon Faith
Company (LAY DOWN YOUR BURDENS), Tom Dale Company ISURGEI. 2Faced Dance (Lungs of our City),
Jaivant Patel IASTITVA) and Daniel Lukehurst11.2 Punch). Plus a public perfomiance by Fabric Residency

artist Eli Lewis & Joe Garbett IPLUE).
Tolking. Thinking, Doncing will now become a biennial even( taking place in Bimiingham as part of the
city's dance programme.
-Thanks for the invite and hospltality. . I thought the progromme wos good and really apprecioted the
round table session& My impression of Fobric is thot ra(sing question5 is important to the orgoni50tion. I
don't think there s enough space for debate tn our sector ond shouldyou continue delivering this event I
fvel like this is an aspert thot should be tntegrol
Delegate, Tony Mills. Artistic Director of Dance Base
Critical Mass Legacy Commissions
Fabric secured several commissions from United By 22, the Bimiingham Commonwealth Games legacy
charity. as a continuation of the Critical Mass Legacy work begun with the Bimiingham 2022
Commonwealth Games Cultural Festival. These included..
Keeping Movtng & PerfOrMon￿ Progrnnpme.. The Keep Moving Programme supported 8 regional
organisations and groups to deliver ongoing inclusive dance activity as well as connecting into a
Performance Programme which enabled the net￿Ork of groups to find moments of collaboration and
connection. Alongside this. continued professional development ICPDI, advocacy and capacity building
were built into the programme.
Strength 2 Strength.. Through the Dance Leaders Group IDLG), Fabric secured a third commission to
deliver Strength 2 Strength, o series of capacity-building interventions including mentoring, CPD and
artist exchange that contribute to our legacy aspirations. seeing an increase in employability for disabled
artists and a collaborative regionwide approach to professional and talent development
Arttst Development roles: Through our ongoing work with United by 2022. we supported two unique
artist development roles for disabled artists.
The first of these artists was Choreographer Sander Verbeek. who W0￿ed alongside Motionhouse to
shadow the development of their new work Hidden. which was co-commissioned by Fabric and
premiered at Warwick Arts Centre in February. Sander reflected that they gained so much from
shadowing Artistic Director Kevin Finnan through the creation and production process - and they are
now energised to develop their own choreographic work further. Motionhouse also reflected significant
learning within the company in relation to their own choreographic process and the ways in which this
can be adapted when engaging with creatives with disabilities as part of the artistic team.
The second was with Anjali company dancer. Nick McKerrow. working on his first choreographic piece,
an autobiographic solo. Wothing with artists and mentors Gary Clarke and Rachel Liggitt, Nick has
reflected that he is now much more confident with the language to advocate for his own wot* and has a
clear trajectory for his work. including its marketing and audience development, with aspirations
towards touring.
10

Dance Leaders Group (DLGI Spring Summi( April 2024
DLG is an open, independent network of over 3W dance professionals and leaders from across the West
Midlands. Driven by a shared commitment to inclusion and equality, members come together with a
hunger to collaborate, exchange ideas. and strengthen the region's dance ecology through collective
action and shared purpose.
The DLG Summit provided a platfom for diverse leaders and voices from across the network to come
together. These twice-yeady events have been pivotsl in communicating, reflecting and developing
collaborative projects and the network itself. Attendance has grown in recent times from 40 people in
Autumn 2023 to 59 people in Spring 2024, with a Ma￿ed diversity in the network, including
representation from across the region's communities Icatalysed by the Sub-Regional Hubsl, and
diversity of attendees. in temis of range of contexts. lived experience and dance forms.
As a direct result of this summit a new hub focusing on African and Caribbean dance forms has been
initiated and project money been allocated to support a community of dance professionals to come
together.
The purpose is to strengthen community and foster collaboration between artist5 working with dance
fom)s routed in the African Diaspora. The hub aims to connect generations. amplify voices. and ensure
African diasporic darsce remains visible, valued, and vital for future generations.
Tappin. In Re5earth and Feasibility Residency 2024
Led by Artistic D1￿ctOr Stephanie Ridings and Creative Producer Lou Lomas. Tappin, In began in 2022 as
a mass participatiori tap dancing and storytelling extravaganza, celebrating the stories of the West
Midlands and the people who call it home. 130 people from across the region performed to hundreds in
Brindley Place as part of Birmingham Festival 2022 and Bimingham International Dance Festival, a
documentary film captured the process and stories. and local classe5 were ongoing.
Building on this legary. the Tappin In, creative team secured Arts Council England funding for an initial
Research and Development phase. working with Fabric from April-june 2024 to test the potential for an
East Midlands version of Tappin, In.
Fabric hosted the creative team in a residency at our Nottingham site, wothing to develop an East
Midlands, strategy and new partnerships. and exploring models of participatory engagement. co-
creation. percussive movement & story-telling relevant to the legion - all with an emphasis on health &
wellbeing.

Presentation & Showcasing
Transition + Transit
This was a collertion of enrtching experrences delivered by seven different artists in 16 different
moments, taking place in variosjs venues across Nottingham from Thursday 30 May till Saturday 22 June
2024.
Curated by Dwayne Church-simms in an intemal secondment to the role, this was a collertion of woths
that explored movement. change, the stories we share and the objects that define our past, present, and
future.
This programme was part of Transfonn. a festival of events and activitie5 celebrating Global Ethnic
Majority leadership, creativity and stewardships. a city-tskeover taking place over the summer. in
Nottingham.
Here & Now
Funded by Art5 Council England. Here & Now is a collaboration between Fabric, Battersea Arts Centre
and Gateshead International Festival of Theatre. It supports artists creating world-class performance to
showcase their work at Edinburgh's festival& connects them with intemational presenters and invests in
the resulting onward touring opportunitie&
The project's Showcase 2024 was curated through a nomination and selection process, With over 20 arts
organisations and programmers from across England invited to nominate performance works that they
believed=
had strong appeal to intemational multi-artform venues and festivals presenting contemporary
performance
challenged ideas about what'perfom)ance (reated in England. might look like. in teTrnS of formal
innovation, or who 15 making the work
reflected the diversity of artists working in England
The Showcase of exceptional artists took place at Edinburgh festivals during wlc 19 Augus( with 7 artists
being presented. including 5 full tour-ready presentations. The event achieved positive interest in the
work, with a view to future touring, commissioning and partnerships.
he 5howrase hod on impressively diverse range of artstic conten¢ presenting some of the most relevant
ond innovative work I've encountered recently. The pmgramming was refreshingly bold. fvturing pieces
that were neither obviou& nor eosy. yet maintoined high produrtion volues thot seemed sellable to an
international morkeL"
Stakeholder Feedback
Co-presentations
8 companies.. Seven Circles-club Origami, Rendez-vous Dance- The Monocle. Aura Fonseca-
Transperformativity, QDance- Re-INCARNATION (Dance Consortium). Harald Beharie - Batty Bwoy,
Joshua Serafin - Pearls, DeNada Dance - Mariposa, Womenewer, Russell Maliphant Dance Company.
12

Presentations
15 Companies.. Malik Nashad Shaipe - Goner. Lou Robbin - Bedtime Stories. Gillie Kiemall - Friend. Feet
off the Ground - Turning PoinL Yos Clark- This Ideal Life. Bullyache - WHO HURT YOU? Black British
Ballet. Chad Ta￿Or- Closer to my Dreams. David Russel - Swan BreaL Walker Dance Movement Theatre
Tread, Linden Dance Company and Keep Moving / Futu￿ Shift- Uplif( Aurora Bauza & Pere Jou - A
BEGINNING #16160, Tom Cassani - Iterations. Hetain Patel- Mathroo. Eli Lewis & Joe Garbett- Plue
Co-commissioned work
Melisandre Varon - Dirty Nails {les ongle5 noiT5) and Richard Chappel Dance- Land Empathy.
UK onward touring support
Linden Dance, Jo Bannon, David Russell and Chad Taylor.
International Delegations
Fabric International provides bursaries to independent artists and producers who are based in England
and workin9 in dance. to attend an international marketplace or festival that has a strong presenter
presence. We were delighted with the breadth of artists tsking up these opportunities. Details below..
CINARS Biennale.. Fabric hosted and managed a delegation of artists and producers to attend CINARS,
Canada's largest arts market- Pepa Ubera, Eleni Edipidi, James Cousins, Liam Francis, Lucy Suggate,
Mathieu Geffré, Lydia Wharf, Yolanda Mercy and AtyE. The programme saw delegates engage in a range
of meetings with presenters and producers from across Montreal. Canada and the wodd. Fabric hosted a
booth as part of a trade fair event and a bnjnch to extend opportunities for delegates to make new
connections.
This everit was also supported by Cathy Lry. an intemational presenter who supported Fabric in
brokering new relationships for artists in Canada and North America.
Donce In Voncouver (DIVJ.. Fabric invested in a small delegation of 3 curators (Natifah White.
Alexandrina Hemsley and Vanessa Mirza} to attend this edition of DIV, spending time with artists,
presenters and producers in Vancouver. This inteNention was focused on supporting emerging curators
from the global majority. developing relationships wtth first nations and diverse practices in Canada.
Yhis invitotion frtt unique in thot the focus ￿lsn'tOn1Y on a thowcase of finished work but o Ihoughrful
opportunity to trovel with o group of artists to experience an internotionol contextfvr donce
perfomjance and production. The open-erKled ond self-dwerted noture of the event was really libemting
in what can usuallybe high pressure, networking ￿teractIOn￿ Th￿ enabled me to toke my time and
show up open to what was in the rtTr)m and what could arise from there. My interoctions with presenter5
ond art15ts all felt verygenuina Thank you.-
Alexandrina Hemsley, YEWANDE 103
13

Serendipity Arts Festivol-. Fabric joined a delegation of Birmingham-based presenters and cultural
leaders at Serendipity Arts Festival in Goa. exploring relationships that will feed a new iteration of the
festival hoped to take place in Bimiingham UL and sow the seeds for potential future collaborations.
internat¢onale tanzmesse nny. Alongside The Work Room. Scotland. & National Dance Company of
Wales. Fabric hosted and man&Jed a delegation of artists and producers to attend, and fomied part of a
UK wider delegation at the world'5 largest marketplace for dance, tanzmesse, in Dusseldorf, Germany.
tanzmesse hosts perfomiances, studio sessions and a busy 4-day mat*etplace. Fabric awarded 12
bursaries to support the attendance of England-based artists and producers- Claire Summerfield,
Akshay Sharma, Avatara Ayuso, Ceyda Tanc, Gareth Chambers. Hannah Buckley. Michael Johnson, Susan
Kempster, Anders M Duckworth. Lola Maury. Yukiko Masui and A¢&E. 9 of these bu￿ary holders joined
us at the Fabric International b¢)oth, whilst 3 were supported by The Place. London. In addition. three
Arts Council National Portfolio Organisations also joined the Fabric booth- Tom Dale Company, Jasmin
Vardimon and Stopgap Dance Company.
This was an intense experience. relished by all artists and producers who took parL
he progromme was well-infomied, supported and prepared by FABRIC .... Pitching gave the oppOr￿nity
to invite Presente￿ ond engage w conversations. There ore olreody a few presenters we ore discussing
potential dates in 2025/26. To be port of the Englond delegation ond have an anchorpoint to Start this
type of event ts encouroging ond creote5 a safe feeltng which is reolly important as its overwhelming to be
at such an event for me. I think it was oll superb 50 not sure where elseyou can improve.. l Thankyou so
much again for support.-
Bursary Holder, A¢JE Company
Thonk you for the opportunty to ottend Tonzmesse for the first lime - ofteryeors of tying to find my woy
there, It meant a lot to my proftssionol development ond confidence as o producer and to have access to
an international network. Being there at this time reolly boosted me. following a very chollenging fvw
years working in the donce in Englond. It hos reinvigorated me and my prorticel-
Bursary Holder. Michael Johnson. Producer
International Bursaries
Fabric supported the following artlsts and producers in 2024 and 2025 to attend a wide range of
festivals and international marketplaces. These bur5aTies are part of our commitment to help artists and
producers develop their intemational practice and connectivity.
Companies.. BULLYACHE. 2Faced Dance Company. Linden Dance Company, Autin Dance Theatre, Alleyne
Dance, Alexander Whitley Dance Company. Casson & Friends, Moxie Brawl, Nancy Roberts and Claudia
Palazzo.
Festivals/Platforms.' Tanz im AugusL Festival Quartiers Danses, Seoul Perfomiing Arts Festival ISPAFI.
Hong Kong Perfoming Arts Expo IHKPAX). Yokohama Intemational Performing Arts Meeting (YPAMI.
Kroksjs Festival. Belgium, American Performing Arts Platform IAPAP), Santiago A Mil's.
Thankyou fvr thts opportunity though. It was truly an ￿(redible experience ond much more voluoble
than l ever would have realised. I think it will shope the trajertory of our company and it'5 Something I
think we need to try and do more regulorly. build it into our company ￿dget%.
Bursary ArtisL BULLYACHE
14

-working wtth Fobric hos been excellent ond we ore very grateful for the odvice and finorjcial support."
Bursary Artist. Alexander Whitley
'Attending PAMS with the support of Fobric s internotionol bursory w05 an incredible opportunity to
connect with global industry leoder5 and showcase our wort to o diverse ￿ternatIOnal audience. The event
wa5 well-organised. inspiring. ond invt71uable for building meaningfvl relationship5 and expanding our
artistic reach.
Johnny Autin. Artistic Direttor. Autin Dance Theat
Studio Sesslons
A Presenter Programme. in partnership with Fabric and festivals in the UK Studio Sessions create
opportunities to introduce dance artists from England to promoters from the UK and abroad..
Black British Dance Platform performance as part of Let's Dance Intemational Ffontiers - Djoe Tomakloe
& Akeim Toussaint Buck.
Fierce Festival Studio Sessions- Aura Fon5eca. Lou Robbin. Claudia Palazo, Hetain Patel to 26
International & 14 UK presenters.
Dance Umbrella Studio Sessions- Jo Bannon. Tom Cassani. SAY & Hetain Patel to 7 intemational and 44
UK delegates.
-It was involuable. As an independent ortist I con't offord or support trovel to internationol fr5tivo15 that
l in notpresenting work in 50 my opportunities to network ore limited. Thif opportunity was very needed
ondusefvL-
Jo Bannon
International Onward Touring and Mobility Support
As part of our Fabric International programme. we offer support to dance artists from England, to realise
international invitations through mobility funds and redsjcing financial barrie￿ to collaborations abroad.
This year we supported these artists to present works at festivals and platforms across the world.. Second
Hand Dance- ASSITEi Korea International Summer Festival- Akeim Toussant Buck - Akropoditi Festival,
Greece,. Chisato Minamimura- SPAF. Korea.. Say- Festival Quartiers Danse5. Montreal,. Ray Young -
CAM PO in Ghent, Belgium in partnership wth VIERNULVIEFi Avatara Ayuso - ANGEL v￿ at Festival Ellas
Crean. Spain.. Eve Stainton - Dansehalleme. Denmark,. AtyE at tsnzmesse and CINARS.
"l in incrediblygrotefuL Both the opplicotion pro￿$$, reply time ond odvonce of payment were done with
core and prompdy. really thinking about the needs of the freeloncers. Tht7nks so muchl"
Bursary Artist, Avatara Ayuso
We ore reallygrotrful for the work FABRIC is doing ￿ supporting UK danre artests to toke their ¥vork
internationally and grow their network-
The Place, London
15

Research
Jenvood Choreographic Research Project
Funded by The Jerwood Foundation. the Jerwood Choreographic Research Project (JCRPI. seeks to
create a collaborative space urgently required to support dance artists and the dance sector to re-
imagine the future of dance Practices in this nvN POSt-pandemic. post-Brexit era.
The project aims to supwrt artists/companies in their choreographic research, investigating new ideas
and thinking in choreography. to expand knowledge and prartice in the UK and beyond. In a
competitive arts funding Syste￿ this project provides vital investment to advance choreographic
research.
This year. as part of the development phase. an artist advisory group was invited to support the design
of this ambitious project and the selection processes. to consider what a human-centred, democratic.
inclusive and fair process might be during times of high competition_ An open call sought proposals
from artists who work in dance and want to investigate new ideas. knowledge. fonns. techniques and
approaches to dance or choreography- and 16 artists were selected to be part of Phase 1 of the project
which will be delivered from April to August 2025.
Fabric Residencies
Fabric's residency programme continued to provide artists based in the UK with money. space. and stsff
time to explore new ideas and support the realisation of projects.
Reflecting OLsr ambitions to inspire people through dance. transfoming lives, communities and p13ce5.
these substantial resideniies are part of our strategy to improve the working conditions of artists and to
invest in new research and creation that will engage and resonate with audiences in fresh and different
ways. This year we hosted..
10 Supported Fabric Residencies: Scottee & Lea Ander50n. Lou Robbin, Alexandra Hemsley, North X
North. Elinor Lewis & Joe Garbett Shivaangee Agrawal. Aura Fonseca, Ashley Jordan. two CROWD
international exchange residencies.
10 Production-related residencies= Yos Clark, Janhavi Sharma. Hannah Alvey. Break Mission, Melissandre
Varin, Feet off the Ground. Bullyache, Daniel LukehutsL Akeim Toussant Buck and Tappin, In 2025 Artists
12 In-Kind-Space Residencies= Sua Tsubokura-Aguiriano, Mattias Speding, Turned on its Head l Liz
Clarke, Cristina D'Alberto, Anita HaNery-Wame. Kerryn Wise. Katie Kelsey & Amanda Schofield, Ray
Young, Bianca Mikhail & Harry Theadora Foster. Autin Dance Theatre, Northem Rascals and Depi
Gorgogianni
The team supported this diverse cohort of artists, perspective5 and engagements. enabling them to
develop their research and successfully connerting them with audiences and partners.
Fat Dance S Danp Gorda
Funded by British Council, this is an exchange project between tsvo prominent fat choreographer-
performers. Gillie Kleiman IUKI and Jussara Belchior (Brazil), working with performers locally in the
Midlands UK and Sao Paulo Brazil. and with documentary filmmaker Magdalena Hutter.
16

A collaboration between Fabric and Corpo Rastreado (Brazill. the project contributes to the
development of a multinational artistic community focused on fat dance. The field of dance has long
Ignored the marginalisation of fat people.. Fat Dance | Oan[a Gorda is an opportunity to focus not only
on inclusion but on fat embodiment's relevance for the fields of dance and choreography.
Creative development work and exchange began in this period, ahead of project delivery next year.
Artist Researcher Engagement
Fabric began its year-long engagement with Artist Researcher Lucy Su9gate. investigating how an
individual artists. practice can support the leaming and development of Fabric's approach to community
engagement and choreographic research.
Archive Researth Project
Andi Johnson is the Arts Humanities Research Council Midlands4Cities Collaborative Doctoral Student
working (2023-20271 on a PhD project Reflecting Organisational Transfomation through New
Curatorial Practice. Their research primarily focuses on dance and archives. with a specific concentration
on digital archives and ephemerality. Embedded within the Fabric team, Andi is developing collaborative
methodologies for curation of the Fabric archives.
Management Knowledge Transfer Partnership {Krp)
Funded by Innovate UK. Fabric began a collaboration with De Montfort University on a Management
KTP to develop new business opportunities and enhance our digital infrastwcture, optimising data
management and CRM (customer relationship management) intelligence systems and processes. A key
objective is to explore new services that may fuel growth for Fabric and empower the sector. Our
Associate, Ebenezer Apata. joined the team in February 2023. working with us until August 2025.
17

FABRIC CIO
REPORT OF THE TRUSTEES
YEAR ENDED 31 MARCH 2025- CONTINUED
Financial Review
The charitable company's principal funding sources include a core revenue grant from Arts Council England
as detailed at note 2 to the financial statements. In addition, the charitable company is in receipt of a
significant amount of grant funding some of which is restricted in nature and this is detailed at note 3. The
charitable company also generates its own income through studio hire and class/workshopltraining activities
and dance-related related commissions and services.
Total incoming resources for the period April 2024 to March 2025 were £3.064.989 - comprising £1.071.127
Restricted,. £305,262 Designated.- £1.6￿,600 Unrestricted. Totsl resources expended Idetsiled at notes 6 to 91
were £2,883.601.
At March 2025, the Funds Balance carried forward was £2.504.933 - comprising £724,295 Restricted:
£1.407.758 Designated. and £372.880 Unrestricted reserves.
ReseTve5 Policy
The income and expenditUTe of FABRIC fluctuate5 according to the pattem of grant and project income
obtained. As FABRIC employs a number of staff. the Board of Tnjstees considers that reserves are needed to
provide for an orderly wind down in the event of an unexpected reduction in funds obtained. FABRIC is also
required. on occasion, to incur the costs of developing and researching wot* before the grants which have
been awarded. and other related income. is actually received- the charity theiefore needs a level of reserve
for cashflow reasons.
An analysis of relevant liabilities is carried out annually to determine an appropriate level of reserves for the
organisation's scale of operation.. this is then approved by the Board of Trustees. This 'specific stability
reserve, is cuffently set at £2SO.CI)o.
Any unrestricted reserves over and above this amount will be d1￿cted into the organisation's activity. or will
be set aside for specific projects. organisational devdopment. refurbishmenL investment and capital
expenditure as agreed with the Board of Trustees on an annual ba515.
Going Concern Statement
The Trustees take into account the guidance issued by The Financial Reporting Council on Going Concern
and Liquidity Risk. Guidance for Dirertors of UK Companies (Ortober 20091 in respect of assessing liquidity
risl other uncertainties and key assumptions sufficient to indicate why a going concem basis has been
adopted.
FABRIC CIO was formed from the merger of DanceXchan9e and Dance4 on 8 August 2022, at which time all
assets and liabilities of both organisations were transferred to FABRIC
FABRIC is supported by regular core funding secured from Arts Council England, along with other income. At
the balance sheet date the charity held significant cash balances and has significant reseNes which are
sufficient to absorb short-term in-period deficits if required.
At the time of signing the accounts. the Trustees ha￿ considered the going concern position, and this
indicates that the charity will continue to operate for a period of at least 12 months from the date of signing
these accounts. based on the levd of funds secured. On that basis the Tnjstees have prepared these
financial ststements on a going concem basis.
18

FABRIC CIO
REPORT OF THE TRUSTEES
YEAR ENDED 31 MARCH 2025 - CONTINUED
ststement of Directors. and Trustees. Responsibilities
The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Acc(yJnting Standards (United Kingdom Generally Accepting Accounting Practice).
Charity Law requires trustees to prepare financial statements for each financial year which give a true and fair view of
the state of affairs of the charitable cofflpany an(1 of the irKoming resources and application of resources including the
income and expenditure, of the charitable company for that period. In preparing these financial statements the trustees
are required to..
Select suitable accounting policies and then apply them consistently.
Observe the methods and prirhciples in the Charities SORP,
Makejudgernents and estimates that a￿ reasonable and pruden¢
State whether applicable UK accounting standards have been followe4 subject to any material departures
disclosed and explained in the financial statemÈnt& and
Prepare the financial statements on the going concern bJ5is unless it is inappropriate to presume that the
charitable company wll contir￿e in businesg
The trustees are re5pon5ible for keeping adequate accounting records that disdose with reasonable accLJracy at any
time the financial position of the chaiitable company and enable them io ensure that the finanoal stalemenls comply
th the Companies Art 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud ar￿ other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on
the charitable comp3nls web51te. Le9islation in the United Kirydom govemir¥J the preparation and disseminatson of
financial statetnents may differ from legislation in other jurisdiction
In so far as the trustees are aware..
There is no relevant audit inlom)ation of which the charilable ccKnpanYs auditors are unaware,. and
The trustèes have taken all step5 that they ought to have tsken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of thai infom)aiion.
Signed on behalf of the Board on
Clare Lewis
Company Secretary
19

FABRIC CIO
YEAR ENDED 31 MARCH 2025
Independent Auditors. Report to the members of FABRIC CIO
Opinion
We have audited the financial statements of FABRIC CIO Ithe'charitable company'l for the period ended 31
March 2025 which comprise the Statement of Financial Activities. the Balance Sheet, the Ststement of Cash
Flows and notes to the financial statements. including a summary of significant accounting policies. The
rinancial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards. includin9 Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting
Practice).
In our opinion. the financial statements=
give a true and fair view of the state of the charitsble company's affairs as at 31 March 2025 and of its
incoming resources and application of resources. induding its income and expenditure for the year then
ended,. and
have been properly prepared in accordance with United Kingdom Generally Ac(epted Accounting
Practice and with the requirements of the Companies Art 2006.
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
society in accordance with the ethical requirements that are relevant to our audit of the financial statements
in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS IUKI require us to
report to you where:
the Trustees. use of the going concem basi5 of accounting in the preparation of the financial statements
is not appropriate,. or
the Trustees have not disclosed in the financial statements any identified material uncertainties that may
cast significant doubt a￿ut the charitable company's ability to continue to adopt the going concern
basis of accounting for a period of at least twelve months from the date when the financial statements
are authorised for issue.
Other information
The Trustees are responsible for the other information. The other infomation comprises the information
included in the TnJstee5' Report other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover the other infomation and, except to the extent othe￿$Se
explicitly stated in our report, we do not express any fom of assurance conclusion thereon. In connection
with our audit of the financial statements. our responsibility is to read the other infom)ation and, in doing so.
consider whether the other information is materially inconsistent with the financial statements or our
knowled9e obtained in the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether there is a material
misstatement in the financial statements or a material misstatement of the other information. If, based on the
work we have performed, we conclude that there is a material misstatement of this other information, we are
required to report that fact. We have nothing to report in this regard.
(Continued)
20

FABRIC CIO
YEAR ENDED 31 MARCH 2025
Independent Auditors. Report to the members of FABRIC CIO - continued
Opinion OD Qther matters prescribed by the Companies Act 2006
In our opinion. based on the wotk undertaken in the course of the audit..
the information given in the Tru5tees' Report for the financial year for which the financial ststements are
prepared is consistent with the financial statements.
the Trustees Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have not identified material misstatements in the Trustee5' Report
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if. in our opinion..
adequate accounting records have not been kept. or returns adequate for our audit have not been
received from branches not visited by us.. or
the financial statements are not in agreement with the accounting records and retums,. or.
certain disclosures of Trustees. remuneration specified by law are not made.. or
we have not received all the information and explanations we need for our audit or
the Trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies. exemptions in preparing the Trustees
Responsibilities of the Trustees
As explained more fully in the Trustees, responsibilities statement the Trustees (who are also directors of the
charitable company for the purposes of company lawl are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as they
determine is necessary to enable the preparation of financial statements that are free from material
misstatemenL whether due to fraud or error.
In preparing the financial statements. the Trustees are resw)nsible for assessing the charitable company's
ability to continue a5 a going concern. disclosing, as applicable, matters related to going concem and using
the going concern basis of accounting unless the Directors. either intend to liquidate the society or to cease
operations, or have no realistic altemative but to do so.
Icontinuedl
21

FABRIC CIO
YEAR ENDED 31 MARCH 2025
Independent Auditors. Report to the members of FABRIC CIO - continued
Auditor's responsibilitie5 for the audit of the financial ststements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement whether due to fraud or error. and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit
conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
We design procedures in line with our responsibiltties. outlined above, to detect irregularities. including
fraud. The risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error. a5 fraud may involve deliberate concealment, for example. forgery or
intentional misrepresentatiorn or through collusion. The extent to which our procedures are capable of
detecting irregularities. including fraud is detsiled below.
We obtained an understandirbg of the legal and regulatory frameworks that are applicable to the
organisation.
The organisation operates locally and is not significantly impacted by international law or regulations.
Taxation law and regulations apply but the or9anisation is not involved on any complex matters that raise
the risk of non-compliance.
We understood how the credit union is complying With those framewoths through discussions with the
directors and review of the directors, meeting minutes and the credit union's documented policies and
procedures.
We assessed the susceptibility of the organisation's financial statements to rnaterial misstatemenL
including how fraud might occur by considering the key risks impacting the financial statements.
Based on this understanding we designed our audit procedures to identify non-compliance with such laws
and regulation5. Our procedures involved review of the directors, reporting to the organi5ation with respect
of the application of the documented policies and procedures and review of the financial statements to
ensure compliance with the reporting requirements of the Ofganisation.
Out pre-audit revtew specifically makes reference to fraud risk and this is supported by audit
documentation. We also review board minutes to identify any matters of concem or risk. None was
identified.
The organisation is small. its activities are regular and consistent and are not complex and no special audit
considerations apply, nor is exterrial specialist assistance required.
However. the primary responsibility for the prevention and detection of fraud rests with both of those
charged with governance of the credit union and management.
22

A further description of our reSpOr￿1b1l1tieS for the audit of the financial ststements is located on the
Financial Reporting Council's website at.. https-//www.frc.org.uk/auditorsiesponsibilities. Thi5 description
forms part of our audwtorf5 report.
èr A pIAIfr
Roger A Platt FCA (Senior Statutory Auditor)
for and on behalf of
PWH Accountsncy Limited. Chartered Aciountants and Ststutory Auditors
The Counting House
Hi9h Street
Lutterworth
Leicestershire
LE17 4AY
Date
17112125
23

FABRIC CIO
STATEMENTOF FINANCIAL ACTivrrES
FORIHE YEARENDED 31 MARCH 2025
Note fr*). Unrestrfrted
Funds
al4￿ar-25
Oeslgnated
Funds
314Aar-25
Restricted
Fund5
31-M¥-25
Total
Fund$
31-Mar-2S
Total
Funds
31-Mar-24
Income from:
Grant5and other donations
Charitableactivities
1.386,459
261.407
1.386.459
1,637,796
1.396,242
1.272.733
305.262
1.071.127
Investments
Other income
T￿01 Intome:
39.863
871
39.863
871
33,326
1.688,600
305,262
1.071,127
3.064.989
Z,702,301
Expenditvre on:
Charitableactivitie5
Total expeThditure'.
6-11
1.634.010
1.634.010
368,693
368.693
880.898
880.898
2.883,601
2,883,601
2.533.617
2,533,617
Net Incomellexpenditurel
54.590
163.4311
190,229
181,388
168.684
Tra05fers between fvnds
17
172.2021
70.702
i.soo
Net movement tn fund$
117.6121
7,271
191,729
181,388
168,684
Reconciliation offvnds
Total fvndsbrovght forward
17
390.492
1.400.488
532.565
2,323,544
2.154,861
Total fundscarried forward
17
372,880
1,407,759
724,294
2,504.933
2.323,545
24

FABRIC CIO
BALANCESHE
FCrtIHEYEARENDEDAT31 MARCH Z02S
￿￿e
314*1*-25
jI￿ar.14
Fixed assets
Tangibleas%et
Fixed &set Investments
13
316.689
4.630
321.319
348,239
4,63D
352,869
14
Currentas¥et5
Debters
Cash at bank and in hand
15
790.658
1,784.119
2.574.777
385.199
1.910.218
2.295.418
Creditois.. amountslallingduewihin oneyear
16
1391.1641
1324,7411
Net ¢urrentaSsets
2.183.613
1.970.676
Total net awts
2.504.932
2,323,545
31-M¥-25
11-Mar.24
Charityfurtds
Unrutricted fvnd5
Desl8nated Ftsnds
Re51rictLYI tunds
17
17
372.880
1.407.758
724.295
390,492
1,400,488
532.565
17
Totalthjnds
2,504.933
2,323.544
TheTrusreesacknowledEeth￿rresponS1b110t1e$(0￿C0MpIYlngWIththeréOulr*n￿ts0lthekt
with resp&t to actountin8i£*ordsand preperationoffinancial stalwnwts.
Thefinancial #atemwtshavebeen p￿epar￿j in accordancewlth1hepr￿yOTh5appl1Cab1etO
entitie55ubjecttothe5mall companie5 reyme
The*Trarbcia statementswere approved•dwthorisedknri$5ue bytheTrusteeS￿d $l￿d
ontheir behalftsy..
Tru#ee
14112125
25

FABRIC CIO
STATEMENTOF CASH FLOWS
FOR THE YEAR ENDED AT31 MARCH 2025
31-Mar-25
31-Mar-24
Notè
Cash flow5from operating ￿tiVItIeS
Net cash used in operatingactivities
19
1164,3101
15.3721
Ca5h11074V5from Investlng acti¥itie5
Intwest I￿aVe￿
Purchase of tangiblea55e5t5
Net tash used in in¥estin8 activities
39,863
11.6501
38.213
33.326
11,3721
31,954
13
Change in cash cash equivalentsin the ye*
1126,0981
26.581
Cash and cash equivalentsat the b￿inningOf theyear
25
1.910.218
1,883,637
Cash cash equlvalents at the end ofthe year
25
1,784,121
1,910.218
26

FABRIC CIO
NOTESTOTHE FINANflAI STAIEMEpirs
FORIHEYEARENOED31 MARCH1025
2 DonatloThS￿d le8acles
Lknresirfctod
f4m&
Total
fvnds
JIU*-24
Funds
314Aar4S
314I¥-25
31th1¥-25
31th4*-25
rtsCouncll.Crtrè
Birmin8ham Ciiycouncll
(kher donations
Total
1.375.989
9.865
605
1.386,459
1.375.989
9.865
605
1.386.459
1.376,004
19,731
507
1.396,242
3 Ch¥iiable Att1￿￿¢$
UM*#rkted
fvnds
31•A¥45
Strkted
ds
314Aw-25
Total
frJnd5
31-Mar-25
Tot
FurK15
3141w-25
fvnds
31-Mw-24
In¢omelor¢h*t•bleottitth*s
sCoun¢il-ProlectGr•)is
Othty Granr Income
Depart￿￿tUf Educalion
Danceclasses & Workshop Income
Studio Hirelncome
PerformanceTi¢krtSaleslncome
Pr¢je¢t CommisyoDingFEe5
hools Programmelncome
Tpa￿ntaI Contributions
Partnercontrlbutiorts
oth¥ Earned In¢tyne
375.(MJ)
181.011
375,4S4
4,289
118,7841
375,000
IBI,011
375,454
67,376
137,563
4.549
259.838
11.800
135.753
74.582
14.870
1,637.796
68,253
227,597
58,974
118,514
7,017
403.366
19.550
102.118
256.149
11,196
1.272,733
63.087
156.415
2.927
4.838
11.8
1681
1.622
255.(
135.753
8.804
9.600
1.071.127
17.070
5.270
Z61.407
48.708
305.262
4 Investmentlncome
Unre5trirted
fund5
3L4larQ5
Destgnated
Funds
Jl-Mar-25
Re#rf¢ted
Tot
fund5
31-Mar-25
Tota
314Aar45
314Aar-Z4
Bank interest
39J63
39.863
33.326
27

FA8IIICCIO
NOTESTOThEFINANCIAL STATEMEPll5
FOR ThEYEARENDED31 MARCII ZOIS
5 Other Incorne
Total
nds
31-Mar-25
Total
fvnds
31-Mar-24
SeTvicesand ￿herIn(ome
871
871
6 Cost of Chadtsble Actlvltles
IpwSOFA2024-251
iknreslrlcted
frjnds
314A*45
De*8nated
Funds
31￿ar-25
Restricted
funds
31th1¥-25
Total
funds
31-Mar-25
Total
fvnd5
31-Mar-24
DdiveryCostslnote831
Support Costs (note71
GevernanceC051s Inote8al
9S9.780
535,743
138.487
309.643
859,323
20,825
750
2,128.750
556.565
198.287
1.681.119
681,285
171.213
59.050
1.634.010
368.693
880.898
2.881.601
2.533.617
7 Cos¢ oftharltable Attlv4tle&5upport Costs
IperSOFA2024-251
Tot
lunds
314A¥-25
fvnds
31-Mar-24
Staffingcosis
PreMI￿cO$t5
Equipment Co#$
AdministrHtion Costs
Bank transaction charEesandfee5
Increa5ellDecreaselin provision lordoubtlul dE
IT&T
Deprtriation
252.625
208.164
10.970
12,934
3.115
14.3431
39.900
33.200
324.392
196,232
7.838
83,346
4.626
18,2121
39.863
33.2￿)
556.565
681.285
8a C05tofCh3rit*le Acti*￿tle￿A￿￿1fyAT¢*5
(per SOFA 2024-25 byACti￿1YAreaI
Oell¥eryCosis ￿Pport Co$15
Go*manee
Toial
Executive
Operation5& Administraiion
Marcomms
463,800
9,456
75.179
292,208
87.332
70.954
553.282
169.738
406.801
270.474
286.091
194.725
2.812
929.000
298,359
75,179
292.208
87,332
70,954
553.282
169.738
407.551
Engagement
PresentaiioTh
Research
Showcasing& Intwnational
SectorDevelopment
Centrefor AdvancedTraininglCAn
750
2.128.750
556,565
198.287
2,883.602
28

FABRIC CIO
NOTESTOTHE FINANCIAL￿ATEMENfs
FOR THEYEARENDE031 MARCH 2025
8b Go¥ernan¢e Costs
Totsl
nds
Totsl
funds
314dar-25
31-Mar-24
Wdges and salaries
Auditors. remuneratK)n
Legal and prtsfess¥)nal lees
Board Expenses
120.243
8.463
69.179
402
118.983
3,683
48.548
198.287
171.213
Costsareallocated asgovernancecostson thefollowin8basis'.
Audit. accouniancy, legal and profes%onal- lOO%
Admin and mana8ement salaiies- 75%for Chief Executiveand Deputy Chief Exttutive-
25% Directorof Producing & PTogramme5 and Director of Engagement.
9 Net Outgoing resource5forthe year
31-Mar-2S
31-Mar-24
Net outBoing rwJ)urcesis #ated after charging..
Deprecialion
Auditor's remuneration
33.200
8,463
33,201
3,683
10 Employee$
31-Mar-25
31-Mar-24
Employment costs
Core Staff Wagesand Salarie5
Social 5￿urItY costs
Pension costs
Redundancy PayM￿t5
883.114
85.405
17,905
832.041
78,081
17.462
26,042
953,626
986.424
One employee ￿￿￿ed emolufftnts of rTh)re than £60.000.
No trustee ￿￿￿ed any rerNneotK¥n lor seThKe5.
No of Employee$
Theaverage Thumberof employeeslexcludingtrusteeslduringthe period. calculated on basis
of full time equivalent, wasas follows..
31-M¥-25
31-Mar-24
15
12
Management
Adrninistration
io
29
25
29

FABRICCIO
NOIESTOIHEFINANCIAL STATEMENts
FOR THEYEAR EI+DED 31 MARCH 2025
11 Tru*ee5•41 Keymana8ÈmemtandpersonThel remuwratlon eXpE￿S
Notrusteeret¥ved any remuneration in respett ofservicesasatrusreedurtngthepffiod.
Thvewereno r*mbursementsfor ￿3rd eXp￿Se*d￿nn8thl$￿l00l20z4-EloZj
Thetotal amountofemployeebenefitsr¢rev￿l pwsonnel in thisperiod IsE223,18012024-E216,1911
Ba￿ on theor8anisational structureat iheformation olF*ERIC. thech¥itable£ompanyconsidwed its k
managÈ￿enI Pffsonnel. fof theyearto 31 March 2025 to be4.. theChlefEx￿UtIve& Artistic Dir*tor' OeputyChSel
Executive,. Directorof En8wrnerit*d Dir￿or olProducing & prov￿me5.
12 Taxation
Thecharitablecompan*s￿tlWit1eSf4ll withintheeAemptbonsafknrdLYlbYthepro￿Slon$ofIhe
Incomeand Corporation Taxe5kt 1988. kcordingly. thweisno taxation chargein the5eactounts.
IJ
F￿￿e&
Crynw*r
Asat IApi12024
Additions
Asat31 Marth2025
178.1
65381
331)Y4
1,650
34.744
402.181
1fi50
403.831
278.105
65.381
25.￿1
DEprethlh*b
A5 ariAwl 2024
Ch3rgeforihe year
Asat31 March 202S
24.4X)
14%56
39,276
12,149
4A07
12.966
8274
21,240
53.942
33.2
87.142
19.539
Nétbook¥ak
Asat31 Marth 2025
45.842
18.513
13,505
20,128
316,689
Asat31 Marih 2024
53,23Z
ZLI94
348.219
14 FIx4dA￿tI￿9S1mern$
SbHresinoll
At IApri12024
At31 Ma¢h 202S
4ffi30
4.630
Thetharity heW 2$XofthÈshareca￿alClthef(&)wry (￿Dpa￿:"
Ticketin8 Netwtyk Eastm￿[8￿￿*￿Mknd iTKMI
30

FABRIC CIO
NOTES TOTHE F114ANCIAL STATEMENTS
FOR THEYEARENDED31 MARCH Z025
15 Debtors: Amountsfallingdue within one year
31-Mar-25
31-Mar-24
Trade debtors
Other debtors
Doubtful Debt
Prepayments & ￿clUed income
Deferred Income
168.532
2.190
16,4741
531.284
9S,126
217,808
149.865
17.527
790.658
385.199
16 Creditors: Amountsfallingdue within one year
31-Mar-25
31-Mar-24
Trade creditor5
Other taxation and social security
Other creditors
Accrua15 and deferred income
195,891
19,402
1.748
174.123
154,202
27,275
501
142,762
Petty Cash
391,164
324,741
31

FABRICCIO
NOIESTOIHE FIW4NCIAL 5fAIEMEr
FOR THE YEARENDED31 MARCH2025
17 Statement OfF￿d5
Trants Wyl Marth
2025
AtIAw12014
UNRESTRICTEDFUFI(6
3￿￿9?
(Ifi34￿10)
372080
BiTm1nghamOan￿Seas0rt[1NlS 15 DA￿E7
CtitTrlMa5S & Leiacy acti¥* ￿6)
siaiility Reserye
irternat￿nalS￿c3sry lE>ttu￿eMJnaIedj
Futh DÈveknrxhert
Wtrkspact FU￿{Ca￿al 1LTrJ￿￿r￿￿5
oryantsa￿nal DeVebj￿￿enr
491239
114913
250￿)
363.198
W19
72219
I￿22
303WO
138A731
12SS.7701
36.9f
491288
162,783
250￿0
312￿0
28.919
71219
550
174ASOI
B5.iXY)
305262
la68￿3)
70,702
IN07,758
RESTRicfEOFVIIDS
Centre lorAthanodOartt TA•wlCAn
BwminEhatn Prt>aass
cF￿WD
72ts14
W24
3972
4339
170.112
1407,551}
18.303
16.635
173.lml
131587
15J1501
OarKe HL**&"miiwharn
Fai DaTr￿ Project
ere&
C4t*l DevebprnentlFABPJC14xwyham PreMy￿s]
￿M0￿ch￿e¢¥raPh￿fteSeathIlt￿y1
0ryarMSa￿￿I D￿eb)pr￿ent
8835S
18S,368
7A56
61W44
28Z.746
53AIO
1,117
6212
37A75
379255
1317NIO
303571
1￿26
110,8641
532565
IIJ7L127
I￿,848>
724.295
1.324544
3.064.989
12.8B3,601
1504.933
32

FABRICCIO
NOTESTOTHE FINANCIAL STATEMENTS
FOR TrIEYEARENDE031 MARCH 2025
17
Statement of Funds -continued
Purpose of Re51ricted Funds
Centre for A(ha￿edTrain￿¥ ICAn
Led by FABRICin partneF5hipwth Sampad ISOuthAs&)nArtsl.t￿ Centfe F0rAtha￿ed DanceTrdiniTr8 fOr5￿1hAsIanaThd
Contemporary Oance is Midlands hubforttE national CAT ￿1￿￿￿k.operJtlnE ￿ &[rni￿h?rn arKI Nottingham. funded
by the Department forEducat*)n's IDfEI MusicaThJ Dar￿e Sd)eme. The s(hetne PffjVKle5 h¥hquality tailored dance tuiti
fory(xJnB peopleaged 11-18 years whDslw e￿pt￿￿wl￿￿llt3￿l potentsl in CoThtemF*￿ary and Swth Asian Sty￿5.
Dance Hub
The Dan￿ Hub Birtningham InvesthEntPn4rJmme 15 cc#ydinated ￿ FAOWCon behawofthe OarKe Hub E4miin8ham
Steeri￿ Group. The Imiestrnent Prcgramme *wests ina dNerse stratsg*prwts lseletteothriwh anopencall
pru￿55> thatseek tocreate a step thareefwdaKe in &miwBhamafvJ the West
Blrmiyham Procbss
miinEham Proclass iga norFprofitsector-led membetshipsd*tne. adtnin15￿ated try Da￿eX{hange onbehalf of bcal
darKe art15t5,cornpanie5 and (yEant5atl￿$.Wth all rnernbers￿p leesdirecily fundin8 a pwrammeofre8uLarprofessional
classes.
H¢re & Naw
Funded by Arts cr*J￿1 ErykTrJ. Here & ￿ 15 a cdkbcrfatv)nt*tween Fa￿Koatte[sta ArtsCÈnbe and Gateshead
Internat￿nal Festival ofTheatre. It5UPWrtsartists crealir* w£¥kkLAss performarKe toshywcase theirwo¢K atEdinbur8h's
festnials, C￿￿cts them With￿lema￿Onal￿eseTrlers 3rwJ Mwests uithÈ resulb"r4onward IthJriNd OPWJrtun￿e$.
Car*1 D￿ek￿￿ent IFABRICNottr¥km Premtsesl
Th￿ fund all(Kate5 capitsl yt¥ect irthme ￿CeIved in 2014-l6a8alr￿i1￿ depyeoabcffi of assets in severalcaiegories of
between 4 ar￿ 25 yÈars useful rrfe.
UK Da￿e Nets*Thk lu￿)
LIKDN is a network ofVen￿5. prcrtlLKer5aTrJ pfferarnme￿￿th the aim of deVekI￿rE the prc¢not¥x of dar*e *) the VK.
FABRIC hohls the meM￿r$h￿fee ir*cvne asa ￿StrKtedfurml on ￿h￿l10f the neiw¢Nk.
organisa￿nalOeve￿[*nent
OrBanisationJl deve￿enta￿dCc￿Ittat1O0. surpNtedwith bJThJir* frcrfn Arts ￿S￿lting inthe $￿Cessful
mer8erof DanceXchan8e and Dan￿4 to ￿coMe a nÈwCharilal￿ IrMx)rwtsdO0an￿atiOn FA8PJC.
CROWD
Through h05tyng reSider￿S andopenire upspace fudiscussb￿and kmw￿ede￿eknpMÈnt.cROwDl% a ts)labDrntitie
network of dano orgar¥5atKWS 5ukwrbrvx ￿ pr(lessKThI devehjwnent0fcommunity4￿aged dar￿artiSts.
Fat Dance
An artlstic exchange ￿sId￿r￿ by two pr(KnI1Entd￿rj[therSlpertQK￿erS,Gil1ie Kleirnan IVKlarKI
Jussara Be1Ch￿)rsant0SIo￿Zb￿- contritr*Jtirg trj the develownentofa MUkn.nat￿naI athstic tornmunty fix￿5@d onfat
dance. Thi5 parkner5hpbet*ren FabricaTrJAsscKiayoCuhural cor￿ Rastre3do. funded by British c￿￿1.
Jerwotxl Thoreiv&raphK Re5earchProiert
A partnership proieit, supFxKted try Je￿Xxl Art5.W￿ irwe5ts in rEsearth to irwestyate thas andthinkin8 in
Jrwraphy4 toexparnl knw￿d8e aTrJ waaKe inthe UKaTrJ beyot)J.
33

FABRIC CIO
NOTESTOTHE FINANCIAL STATEMETrll5
FOR TrIEYEARENDED31 MARCH2025
17 Statement of Funds -continued
Purpose of De4gnated Funds
StabAity Reserve
ToeThable èffliie￿w￿1rlng thy*nof charity, 5TrKwklthi% ￿ed artse.
B*mkyham DarKe Seax>n (THIS IS DANCE)
A newcollab0r8t￿ln with 8irningha¥n da￿e Vert￿$ aThJ partners.THIS IS DA￿E ￿ an InternatK)r4lseas￿ ot Dance in
Bimiingham. bri￿ing except￿41 darKe from bDth auoss ihe8kte aThJ kKalc(xnrnvnity. Thi5 newcdaboratx)n is a Segacy of
Bimingham Inte￿￿kn31 DafKe Fest￿31 lBIDFI,wh￿h was delivered from 2CKJ8to 2022. ACE NPO hjnds were deswnated
annualty tocoverthe costs of ￿oF. withthe endof E4DF. due toremoval ofv1tslmatrhfvnd￿&thi5 de$4¥nated resou￿ has
now been re-focused todelNerTHIS IS DAKE.
¢rrt￿l￿ass and Legacy Actiity Danre LtadersGrth4)1
Critical Mass was a £lmillty)n wlvsnie yixrth dancÈ pathpatth woprtfvnded ty SF4ritof 2012.workinB in ck)5e Co1￿￿y)rat1oTh
with 8irtnin¥ham CommonweahhGame5 and the DarKe Leaders GrrAyIOLGI. ong0￿E ￿ga¢¥ actNty, indudin&the Keep
Moving prop¢ has Cont￿￿t08T0warxl embed partxipattr)npractice5thmugh partner5hIpwork￿g aCTOSS the region.
Internatknnal sho%￿351¥
FUNJS to suppc*t FABwcsw￿ on the intÈm3ti¢x)al slth¥casin8of Thkpendent darKe artlsts f￿rn Er¥bnd. As spÈndir¥ varies
each year,any un-u5edalkK3t#)n i% des4gnaied for1￿￿re spe￿￿* ontlw5 area of WtrdtammÉ.
Fytt*e Buslness Deveknwment
Theke funds aretOsw￿tthe f￿Ure iw5inessthVek4¥nentofFabrt.ueati￿ r￿0p[b)rtUnit*s.
organ￿at￿￿￿lueveh•mert
These funds are designatedtosupwrtthe ￿Ban￿at￿)nal deyebprnentof FatNKaswec¢)ntiTh* the work of the merger. Thi4
indudes ￿￿5VItarKY SUPkXJrtarnl ￿n￿menta￿ ofr*wsystems. frtf£W￿ stope of Fatr*K's oper3th)ns.
workspa￿ Fund ICaplallW￿ re. Repaksl
Thi% fund is designatedforthefuthrÈ repairs. rep￿￿ments Tefur1*5hments,en5uriry ￿[darKe spatss ￿m3$n of a h¥h
standard.frfLfor purFo5e.
34

FABRIC CIO
NOTESTOTHE FINANCIAL STATEMENTS
FOR ThEYEAR ENDED31 MARCH2025
18 Ana￿$6 ol netassets
Get￿ra1
Restrkted
31-Mar-25
31•￿aT-24
Totsl
Totsl
Fixed assets
316M9
4.630
1fi51P48
1.972,367
316￿89
4,630
2.183fi13
2,504.932
348239
4fi30
1.970fi76
2,323,545
Fixed asset investments
Net currentassets
532565
532,565
19 Cashfknwfrom Operat1￿ aclhl
314aar-25
31-Mar-24
Net income forthe year
Interest re￿Ned
181.388
139.8631
33,200
168.684
133,3261
33,201
tjepwiabon
Los5 on disposal of fLKed assets
(Ir￿Tease1/DecTease in debtors
IDecreasel/increase in Credit￿
Netcash lknwfrom a¢tktk*s
1405.4581
66.423
1216.4051
42,474
1164,3101
15,3721
35

FABRIC CIO
NOTE5TOTHE FINANCIAL STATEMEIITS
FOR THEYEARENDED 31 MARCH 2025
20 Op*ratln8lease cornmitments
At 31 March 2025, thecharityhad frjtureminimum leasepaymentsunder non-cancellable
operatingleases asfollow5=
Land &
Building5
Other
Arnounts payable:
Wlthin l year
Between 14 years
Aftermore than S ￿ar$
33.700
148,830
618,669
801,199
25,564
38.416
63.980
21 Related ptytransactlons
The company wasformed to take over theassets. liabilitiesand operationsof Dance4 Limited and
The Dancexchange Limited. At ihestart ofof operation5in August 2022. thecompany accepted net donation50f
£1.058.904 from Dance4 Limited and £1.293,904 from The DanceXchan8e Limited. Thesedonations
weremade up ofthe restricted. de￿gnat￿ and unrestrictaj rwve5 hdd byboth organisations
at thepoint of themer8er.
22 i￿￿niSation not lirnited byshwe Capit
FABRIC CIO isa Charitablelncorporated Ctydnisation and accordinRlydoesnot havea 5harecapital.
Members of theCIO haveno liability to contributeto theorganisation and takeon no personal
responsibility for settlingit5 debtsor liabilitie>
Asof 31 March 2025, therewere8 membersl2024-8 members).
36