Shropshire Inclusive Dance CIO
Financial Statements
For The Year Ended 31 May 2022
Charity Number 1196537
Shropshire Inclusive Dance Reference and Administrative Details
Charity Name Shropshire Inclusive Dance CIO
Other names
SiD
Charity Number 1196537
Trustees Alison Overton Timothy John Baker Jessica Kent Amanda Susan Walshaw Ellen Green
Accountant
Community Accounting Services Limited 7 Napoleon Drive Shrewsbury SY3 5PH
Address
The Hive 5 Belmont Shrewbsury SY1 1TE
Trustees' Report Shropshire Inclusive Dance on the Accounts for the Year Ended 31 May 2022
The trustees present their annual report and financial statements of the charity for the year ended 31 May 2022. The financial statements have been prepared in accordance with the Charities Act 1993 and the Statement of Recommended Practice: Accounting and Reporting by Charities published in 2005.
Structure, Governance and Management
The charity is registered with the Charity Commission and is run in accordance with the Constitution adopted on 12 November 2021.
Objectives and Activities
To advance, improve, develop and maintain education in and appreciation of the art of dance in particular by the promotion of inclusive dance through:
• Establishing and maintaining accessible dance and creative activities for the benefit of disabled and nondisabled participants, audiences and the wider public;
• Providing and establishing support to enhance best practices when providing teaching in the field of inclusive dance.
SiD managed and provided weekly inclusive dance workshops for a wide range of participants with and without disabilities.
SiD created new performance work, performed and exhibited works related to inclusive dance to venues and festivals.
Achievements and Performance in the year
Shropshire Inclusive Dance (SiD) were funded by Arts Council England to provide a two year programme of inclusive dance activities and create new performance work from February 2022 - March 2024. SiD delivered a regular programme of inclusive dance classes and workshops for young people and adults in the Shropshire region.
SiD continued to mentor its young emerging dance facilitators who are progressing to assisting and leading classes. The company exhibited ‘Dancing Together Apart’ a series of commissioned portraits of SiD dancers with disabilities whilst attending zoom classes during lockdown. SiD celebrated its 10-year anniversary to a packed audience with a showcase of films and performances by its participants and dancers including a new duet entitled ‘Skirting around the edges’
Reserves Policy
The Trustees aim to maintain free reserves at a level sufficient to supplement the day to day running of the Charity.
The restricted funds are made up of grants and are spent according to the grant requirements which assist the Charity in meeting its objectives. Any money left over at the year end is kept in reserves to be spent in the following year.
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Alison Overton
Chair
Date
Independent Examiner's Report to the Trustees of Shropshire Inclusive Dance on the Accounts for the Year Ended 31 May 2022
Basis of independent examiner’s report
We report on the accounts of Shropshire Inclusive Dance for the year ended 31 May 2022 which are set out on pages 2 - 12.
The trustee's (who are also the directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The trustee's consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed. It is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and
-
to state whether particular matters have come to our attention.
Basis of independent examiner’s statement
Our examination was carried out in accordance with general directions for an independent examination. 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 statements below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
-
which gives us reasonable cause to believe that in, any material respect, the requirements
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recognised Practice: Accounting and Reporting of Charities
have not been met; or
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Community Accounting Services Ltd 7 Napoleon Drive Shrewsbury SY3 5PH
Date: 17/03/2023
Shropshire Inclusive Dance Statement of Financial Activities for the Year Ended 31 May 2022
| Note Incoming Resources Incoming resources from generated funds: Voluntary income 2 Activities for generating funds 3 Incoming resources from charitable activities 4 Total Incoming Resources Resources Expended 5 Charitable activities Governance costs Total Resources Expended Transfer Between Funds Net (Outcoming) / Incoming Resources Fund balance brought forward at 1 June 2021 Fund Balance Carried Forward at 31 May 2022 Net (Outcoming) / Incoming Resources Before Transfers |
Unrestricted Funds Restricted Funds Total Funds 2022 2022 2022 £ £ £ 30,745 80,039 110,784 119 - 119 8,556 - 8,556 |
|---|---|
| 39,420 80,039 119,459 |
|
| 28,231 22,928 51,159 600 - 600 |
|
| 28,831 22,928 51,759 |
|
| 10,589 57,111 67,700 - - - |
|
| 10,589 57,111 67,700 |
|
| - - - |
|
| 10,589 57,111 67,700 |
Shropshire Inclusive Dance Balance Sheet for the Year Ended 31 May 2022
| Note Fixed Assets 10 Tangible fixed assets Current Assets Cash at bank and in hand Debtors 11 Creditors: Amounts falling due within one year 12 Net Current Assets Net Assets Funds of the Charity 14 Unrestricted fund Restricted funds Capital reserve fund Total Funds |
£ £ 1,437 69,751 404 70,155 (3,892) 66,263 67,700 9,152 57,111 1,437 67,700 2022 |
£ £ 1,437 69,751 404 70,155 (3,892) 66,263 67,700 9,152 57,111 1,437 67,700 2022 |
|---|---|---|
| 67,700 | ||
| 9,152 57,111 1,437 |
||
| 67,700 |
The Trustees approve the accounts which comprise of the SOFA, the Balance Sheet and the related notes and acknowledge their responsibility for the accounts, including the appropriateness of the applicable financial reporting framework, and for providing Community Accounting Services Ltd with all information and explanations necessary for their compilation.
Approved by the board on and signed on its behalf by:
Alison Overton Chair
Shropshire Inclusive Dance Notes to the Financial Statements for the Year Ended 31 May 2022
1. Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
(a) Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Charities SORP (FRS 102) together with update Bulletin 1.
(b) Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purpose, the use of which is restricted to that area or purpose.
(c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to, and certain to receive, the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Items donated for resale through the charity’s market stall are included as incoming resources within activities for generating funds when they are sold.
Incoming resources from charitable trading activity are accounted for when earned.
(d) Resources Expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. Expenditure is recognised on an accrual basis and is reported as part of the expenditure to which it relates:
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's market stall.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent Examiner's fee.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. Floor areas, per capita or estimated usage.
(e) Fixed Assets
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures, fittings and equipment
25% reducing balance basis
Impairment reviews are carried out as and when evidence comes to light that the recoverable amount of a functional fixed asset is below its net book value due to damage, obsolescence or other relevant factors.
Shropshire Inclusive Dance Notes to the Financial Statements for the Year Ended 31 May 2022
2 Voluntary Income
| Voluntary Income | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Voluntary Income | |||
| Grants | 23,598 | 68,939 | 92,537 |
| Donations | 7,147 | 11,100 | 18,247 |
| Total | 30,745 | 80,039 | 110,784 |
| Activities for generating funds | |||
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Fundraising | 119 | - | 119 |
| Total | 119 | - | 119 |
| Incoming resources from charitable activities | |||
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Workshop attendance | 8,556 | - | 8,556 |
| Total | 8,556 | - | 8,556 |
3 Activities for generating funds
- 4 Incoming resources from charitable activities
Shropshire Inclusive Dance Notes to the Financial Statements for the Year Ended 31 May 2022
| 5 Total resources expended Direct costs Materials Subcontractors Hire of venue Insurance costs Printing, postage and stationery Computer costs Telephone & internet Newsletter, marketing & website costs Sundry costs Support costs Accountancy fees Depreciation of tangible fixed assets Management fees Admin support Staff training & welfare Travel and subsistence Total |
Charitable ACE ACE Governance Total Activities RCCL Stronger Costs Costs 2022 2022 2022 2022 2022 £ £ £ £ £ 574 - 93 - 667 14,504 3,393 2,795 - 20,692 1,895 - 1,291 - 3,186 - - 407 - 407 - - 99 - 99 1,163 704 187 - 2,054 - - 50 - 50 62 - 160 - 222 - - 38 - 38 - - - 600 600 479 - - - 479 9,095 4,960 8,400 - 22,455 - 320 - - 320 399 - - - 399 60 - 31 - 91 |
|---|---|
| 28,231 9,377 13,551 600 51,759 |
Shropshire Inclusive Dance Notes to the Financial Statements Continued for the Year Ended 31 May 2022
6 Net Incoming Resources for the Year
This is stated after charging: 2022 Depreciation of owned assets 479
7 Trustees Remuneration & Related Party Transactions
No members of the management committee received any remuneration during the year. No Costs were reimbursed to any members of the management committee throughout the year.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
8 Taxation
As a charity, Shropshire Inclusive Dance is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
9 Independent Examiner's Fees
These are included within Accountancy Fees under Governance Costs as detailed below:
| Independent Examiner's Fees Total Accountancy fees |
2022 600 |
|---|---|
| 600 |
Shropshire Inclusive Dance Notes to the Financial Statements Continued for the Year Ended 31 May 2022
10 Tangible Fixed Assets
Fixtures, Fittings & Equipment £
| Cost As at 1 June 2021 Additions Disposals As at 31 May 2022 Depreciation As at 1 June 2021 Charge for the year On disposals As at 31 May 2022 Net Book Value As at 31 May 2022 As at 1 June 2021 11 Debtors Trade debtors Prepayments 12 Creditors: Falling Due within One Year Trade Creditors Accruals Total |
- 1,916 - |
|---|---|
| 1,916 | |
| - 479 - |
|
| 479 | |
| 1,437 | |
| - | |
| 2022 90 314 |
|
| 404 | |
| 2022 540 3,352 |
|
| 3,892 |
Shropshire Inclusive Dance Notes to the Financial Statements Continued for the Year Ended 31 May 2022
13 Analysis of Net Assets Between Funds
| Analysis of Net Assets Between Funds | |||
|---|---|---|---|
| Tangible Fixed Assets Current Assets Current Liabilities Net Assets at 31 May 2022 |
Unrestricted Funds £ 1,437 13,729 (1,579) 13,587 |
Restricted Funds £ - 56,426 (2,313) 54,113 |
Total Funds £ 1,437 70,155 (3,892) |
| 67,700 |
14 Movement in funds
| Unrestricted Funds Restricted Funds Total of Funds |
Brought Forward £ - - - |
Incoming Resources £ 39,420 80,039 119,459 |
Resources Expended £ (28,831) (22,928) (51,759) |
Transfers in/(out) £ - - - |
Carried Forward £ |
|---|---|---|---|---|---|
| 10,589 | |||||
| 57,111 | |||||
| 67,700 |