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2024-03-31-accounts

Movema

Board of Trustees Report and Financial Statements For the year ended 31 March 2024

Registered charity number 1196951 Registered company number 7031968

Contents

Reference and Administrative Details ............................................................................................. 2 Trustee Report ................................................................................................................................. 3 How our activities delivers public benefit ....................................................................................... 4 Financial review ............................................................................................................................... 7 Structure, governance and management ........................................................................................ 8 Independent Examiner's Report to the Trustees of Movema ....................................................... 12 Statement of Financial Activities ................................................................................................... 13 Balance Sheet ................................................................................................................................. 14 Notes to the Accounts .................................................................................................................... 15 Detailed Statement of Financial Activities……………………………………………………………………………… 23

Movema Annual Report and Financial Statements for year ending 31 March 2024

Reference and Administrative Details

Registered name Movema

Company Number 7031968

Charity Number 1196951

Registered Office The Bluecoat, 8 School Lane, Liverpool, L1 3BX

Trustees

Trustees, who are also directors under Company law, who served during the year and up to the date of this report were as follows:

Secretary – Penny Caffrey

Key Management Personnel

Bankers - HSBC

Independent Examiner Julie Guinan FCCA Harvey Guinan LLP Chartered Certified Accountants Unit 17 Mersey House, The Matchworks Estate, 140 Speke Road, Liverpool Merseyside L19 2PH.

Page 2 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Trustee Report

The trustees present their report and accounts for the year ended 31/03/2024.

The ‘Reference and administration details’ set out on page 1 and 2 form part of this report.

The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Trustees intend that this report also serves as the Statutory Directors' Report.

The charity is a company limited by guarantee, incorporated 28 September 2009 and registered as a Charity 6 December 2021. The company was established under a Memorandum of Association which established objects and powers of the charity, and it is governed under its Articles of Association last dated November 2021.

Principal Purpose

The principal activity of the charity in the year under review was to advance Art and Education and promote Equality and Diversity.

Objectives

The charity's objectives are set out in the company’s Memorandum of Association to:

Ensuring our work delivers our aims

We review our aims, objectives and activities each year, looking at what we have achieved and the outcomes of our work in the previous 12 months. It considers the success of each key activity and the benefits they have brought to those people that we are set up to help. The review also helps to ensure that our aims, objectives and activities remain focused on our stated purposes. As part of this, we consult with service users, staff, volunteers and external partners.

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)’.

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Movema Annual Report and Financial Statements for year ending 31 March 2024

How our activities deliver public benefit

Movema connects people and communities, helping nurture a safer and more understanding and tolerant world. Using dance and arts we give value and support to people who are often overlooked or marginalised in society.

Achievements and performance

We delivered across four key workstreams;

Across all of these, in 2023-24 we worked with over 15,000 community participants and 155 emerging and professional dance practitioners, of whom approximately 56% were from the global majority.

Our work focused on diverse communities including projects for women, families from disadvantaged communities, primary schools, vulnerable migrants and people from refugee backgrounds.

We delivered 120 workshops for children, 83 workshops for families, 223 workshops for adults, 28 performances/ events and 22 training sessions.

Across all our events our combined audiences were approximately 100,000 people.

Projects and services

Some highlights for 2023-24 include:

Liverpool region

Page 4 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Bristol region

Page 5 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Nationally

Partnership working

Partnership working is fundamental to our ethos, and we collaborate with partners across community, statutory and corporate sectors to maximise the impact of our work. Over the past year we have continued to work closely with a number of partners, including joint project delivery with Milap, Cheshire Dance, Africa Oyé, Diverse Artists Network, Trinity Community Arts, The Bluecoat, and South Gloucestershire Race Equality Network. We look forward to continuing to develop and extend these going forward.

Funding

Grant funding from a range of Trusts, national funders and local authorities remains our primary income stream, although we continue to successfully develop our earned income. For a small artsbased charity, we are particularly successful in this area and see this as core in managing our sustainability.

Grants in 2023-24 included core funding from Foyle Foundation, continuation funding from Arts Council England as well as multiple smaller grants including Elizabeth Rathbone, UK Shared Prosperity Fund, Liverpool City Council, South Gloucestershire Council.

Workforce development

The Executive Team comprises the CEO, Director of Finance and Operations and Director for Bristol (Interim CEO May 2023-May 2024), who oversee, manage and deliver the day-to-day operations of the organisation. Our team comprises practitioners (freelance and employed), administrative and marketing support.

Volunteers continue to be a valuable and important part of our work. Approximately 30 active volunteers have made valuable contributions at festivals, events and across our programmes.

We want to extend our thanks and gratitude to all the staff and volunteers who have shown such commitment and dedication in ensuring that we continue to provide consistent and high-quality services.

Equality Diversity and Inclusion

Movema continues to keep Equality, Diversity and Inclusion at the heart of our organisation, developing the charity as a fair and equitable place to work, volunteer and participate.

As part of our commitment, we hold monthly facilitated conversations and training for staff, volunteers and Trustees, shining a light on issues our communities may experience, and exploring ways to make our programmes and processes more accessible and inclusive.

Page 6 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Financial review

Financial summary

The results for the year and the charity's position on 31 March 2024 are shown in the attached financial statements.

Total incoming resources were £189,053 (2023 £264,695) and total resources expended were £250,883 (2023 £241,161) resulting in net outgoing resources for the year of £61,830 (2023 Incoming resources £23,534).

Net movements on unrestricted funds (including designated) were £26,005 outgoing resources which were funded from the designated reserve (2023 £30,608 net incoming resources) and on restricted funds £35,825 net outgoing resources (2023 £7,074 net outgoing). Total funds on the Balance Sheet on 31 March 2024 were £91,154 (2023 £152,984) being £70,852 designated funds (2023 £96,857), general unrestricted funds £19 (2023 £19) and £20,283 (2023 £56,108) restricted funds.

Reserves Policy

Movema retains a Reserves Policy to; help inform the way we manage our cash, liquid assets and debt, assist when planning and explaining our approach to stakeholders to provide assurances that the charity is well managed and that it has, when appropriate, a strategy for building up reserves; and ensure that our reserves level matches the charity's needs at the time.

Movema will hold reserves of 3.5 months operating costs to provide financial stability and meet potential need such as a potential drop in income, consolidation costs and /or in exceptional circumstances, safely close the activities of the charity taking into account all beneficiaries (including service users and staff). Where reserves are below this level, Movema will actively work to increase these to this level. Where this is the case, the Board will be informed at the earliest opportunity proportionate to any risk.

Following a review the board approved a reduction in the reserves policy, previously set at 4.5 months operating costs, for this financial year. From our research of comparable companies this is in line with good practice and appropriate for a small company with few long-term commitments.

Approval to use these funds must be provided by the Trustees. The Finance subgroup will review the level of reserves quarterly to assess adequacy and make recommendations accordingly to the Board.

Fundraising approach

Movema is committed to adhering to the Code of Fundraising Practice produced by the Fundraising Regulator, which sets out the responsibilities that apply to fundraising carried out by charitable institutions in the UK. Movema follow their four values to ensure our fundraising is; legal, open, honest and respectful.

Our fundraising effort mainly involve; applying to trusts and foundations, applying for commission opportunities and working with partners to develop meaningful programmes where our objectives align.

Page 7 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

During the year, we received bid-writing support from LCVS Liverpool Charity and Voluntary Services.

We received no complaints relating to fundraising in the financial year.

Movema acknowledge all complaints within five days and respond in full within 20 days. Complaints are dealt with in-line with our Complaints Policy. The most serious complaints are escalated to the CEO or Chair of the Board of Trustees.

Statement on going concern

After reviewing the charity’s forecasts and projections and its reserves, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operation for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. The main risk to the organisation’s ability to continue as a going concern is the loss of significant funding. To mitigate this risk, the organisation has implemented an income generation plan which works to diversify our income streams.

Grant income is significant for the organisation and, recognising the often short-term nature of such funding, Movema prepares in advance to secure relevant ongoing grant income. We have a proven track record for excellent service delivery, and a strong relationship with funders. Movema also has increasing success in generating earned income, helping to diversify income. Movema’s structure is designed to accommodate the periods of expansion and contraction that many charities experience over their life cycle. Whilst the strategy is to maintain or grow the levels of service delivery in response to need and demand, were contraction to be required, this can be implemented in such a way that service delivery on secured grants would not be adversely affected, and unrestricted reserves are sufficient to cover any associated costs.

Structure, governance and management

Governing document

Movema is a company limited by guarantee and charity registered with Charity commission, governed by its Memorandum and Articles of Association dated 28/09/2009 and amended 03/11/2021.

Appointment of Trustees

Trustees are elected by members of the charity or co-opted and elected at General Meetings. All Trustees are appointed for a term of fixed term of four years and may serve up to a maximum of two consecutive terms.

Trustee induction and training

All new Trustees receive an induction into the work of the charity as well as an introduction into the role of a trustee and its responsibilities. The induction process for new Trustees also includes training and development days. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Page 8 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Organisation

Movema seeks to have a diverse Board of Trustee with a wide range of skills and experience. The maximum number of Trustees is ten and the minimum three. Skills audits of board members are conducted regularly with the outcomes addressed through recruitment and training.

The Board of Trustees normally meets quarterly. In addition, the Board operates the following subgroups; Finance and HR; Business Development and Operational Delivery and Income Generation.

The Chief Executive Officer (CEO) and her 2 Co-Directors are appointed by the Trustees to manage the day-to-day operations of the charity. To facilitate effective operations, the CEO and her coDirectors have delegated authority, within terms of delegation approved by the Trustees, for operational matters including finance, employment and service delivery.

Trustees’ responsibilities

The Trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company Law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and Applicable Law).

Under Company Law the trustees must not approve the financial statements until they are satisfied that they give a true and fair view of the state of affairs of the charity and of the net incoming or outgoing resources of the charity for that period.

In preparing the financial statements, the trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 9 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Related parties and co-operation with other organisations

No Trustees receive remuneration for their work as Trustees/Directors with the charity except for one Trustee who received renumeration from Movema in 2023-24 for work over and above the normal and reasonable Trustee duties. This was agreed and authorised under provisions contained within Movema’s governing document.

Dawn Taylor (Trustee and Chair) was contracted, (November 2022 to Jan 2024) to provide line management and supervision for the members of the Executive team on an ongoing basis (with regular review). Since February 2024, Dawn has continued to provide this on a voluntary basis. The decision for a Trustee to do this rather than someone external was due to the need for someone who both understands Movema’s multiple services, is familiar with the work of the organisation and has a good understanding of both Charity good practice and Movema’s HR and financial systems. Dawn recuses herself from all discussions relating to the contract and the Treasurers and CEO monitored the contract in 2023-24, reporting to the Board quarterly.

Any connection between a Trustee or senior manager and a potential employee, supplier or service provider must be disclosed to the full Board of Trustees in the same way as any other contractual relationship with a related party. As part of the recruitment process all Trustees complete Conflict-of-Interest statements. At each Board meeting, all Trustees must declare any changes to their conflicts of interest.

Details of Trustees' expenses and related party transactions are disclosed in the notes to the accounts.

Pay policy for senior staff

The pay of the senior staff is reviewed annually, along with that of all employees, and normally increased in accordance with inflation and annual earnings. Pay benchmarking is carried out as part of the recruitment of new posts.

Risk management

The trustees have a risk management strategy which comprises:

The Trustees hold a Risk Register documenting the major risks facing the charity along with mitigating actions. This is reviewed on a regular basis at all subgroup and Board of Trustees meetings.

Safeguarding statement

Movema is committed to safeguarding and promoting the welfare of children, young people and adults at risk from harm. The welfare of all children and adults at risk is paramount, and safeguarding is everyone’s business. The Movema Safeguarding policy is in line with the Children Act 1989 and 2004. Section 17 and 47 of the 1989 Act imposed a positive duty to safeguard and promote the welfare of children.

Page 10 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

All agencies have a statutory responsibility to safeguard children, young people and adults at risk, who have the right to protection regardless of gender, ethnicity, disability, sexuality, or beliefs. Our ‘Safeguarding Policy’ document sets out Movema’s overall approach to protecting children and adults at risk from abuse. Policies are supported by detailed procedures which explain how this policy is to be carried out by the team. A copy of the Safeguarding policy and procedure is made available to all practitioners, staff, volunteers and partners, and a version of the policy and flow charts for reporting a concern or incident is also available on our website.

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 24/10/2024.

Dawn Taylor (Chairperson)

Page 11 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Independent Examiner's Report to the Trustees of Movema

I report on the accounts of the company for the year ended 31/03/2024 .

RESPONSIBILITIES AND BASIS OF REPORT

As the Charity's Trustees of the company (who are also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the accounts of the company are not required to be audited for this year under part 16 of the 2006 Act and are eligible for independent examination I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination, I have followed the directions given by the Charity Commission (under section 145 (5) (b) of the 2011 Act).

INDEPENDENT EXAMINERS STATEMENT

The company's gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.

I have completed my examination. I confirm that no material matters have come to my attention which give me cause to believe that: accounting records were not kept in accordance with section 386 of the Companies Act 2006; or the accounts do not accord with such records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the Charities SORP (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

................................................... Julie Guinan FCCA, Independent Examiner Date: 24/10/2024

Harvey Guinan LLP

Chartered Certified Accountants Unit 17 Mersey House Matchworks Estate, 140 Speke Road Liverpool, L19 2PH

Page 12 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Statement of Financial Activities

for the year ended 31/03/2024

Income
Income from generated funds
Income from charitable activities
Total Income
Expenses
Costs of generating funds
Expenditure on Raised funds
Expenditure on Charitable activities
Total Expenses
Net Income
Net movement in funds:
Net income for the year
Total funds brought forward
Net funds carried forward		 Unrestricted funds
£
104,857
104,857
-
130,862
130,862
(26,005)
(26,005)
96,876
70,871		 Restricted funds
£
84,196
84,196
-
120,021
120,021
(35,825)
(35,825)
56,108
20,283		 2024
Total
£
189,053
189,053
-
250,883
250,883
(61,830)
(61,830)
152,984
91,154		 2023
Total
£
264,695
264,695
809
240,352
241,161
23,534
23,534
129,450
152,984

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

Page 13 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Balance Sheet

AT 31/03/2024

----- Start of picture text -----
2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 19 19
CURRENT ASSETS
Debtors (amounts falling due within one year) 5 3,585 21,535
Cash at bank and in hand 96,770 172,071
100,355 193,606
CREDITORS: Amounts falling due within one year 6 9,220 40,641
NET CURRENT ASSETS 91,135 152,965
TOTAL ASSETS LESS CURRENT LIABILITIES 91,154 152,984
RESERVES
Unrestricted funds 8
General fund 19 19
Designated funds 70,852 96,857
Restricted funds 9 20,283 56,108
91,154 152,984
----- End of picture text -----

For the year ending 31/03/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board of trustees on 24/10/2024 and signed on their behalf by

Dawn Taylor Chairperson

Page 14 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Notes to the Accounts

FOR THE YEAR ENDED 31/03/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

1g. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1h. Turnover

Turnover represents income as stated below. The company is not registered for vat.

Page 15 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

1i. Debtors Policy

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

1j. Policy For Income Recognition

Items of income are recognised and included in the accounts when all of the following are met: (1) The charity has entitlement to the funds; (2) Any performance conditions attached to the income have been met or are fully within the control of the charity; (3) There is sufficient certainty that receipt of the income is considered probable and (4) The amount can be measured reliably.

1k. Cash At Bank And In Hand Policy

Cash at bank and in hand includes cash and short term liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1l. Creditors And Provisions Policy

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a 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 value amount after allowing for any discount due.

1m. Financial Instruments Policy

The charity 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. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

1n. Policy For Preparing Accounts

The directors believe that the company is experiencing good levels of income growth and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Page 16 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

2. DIRECTORS AND EMPLOYEES

Particulars of employees (including directors) are shown below:

Employee costs during the year amounted to:
Wages and salaries
Social security costs
Pension costs
The average weekly numbers of employees during the year were as follows:
Management and administration		 2024
£
115,713
4,734
2,338
122,785
2024
No.
6
6		 2023
£
134,974
6,445
3,005
144,424
2023
No.
7
7

During the year ended 31 March 2024 the company employed 6 (2023 7) Part time employees.

3. EMPLOYEES

3. EMPLOYEES
2024 2023
No. No.
Average number of employees 6 7
During the year ended 31 March 2024 the company employed 6 (2023 7) Part time employees.

4. PENSION CONTRIBUTIONS

Pension contributions 2024
£
2,338
2,338		 2023
£
3,005
3,005

5. TANGIBLE FIXED ASSETS

Cost
At 01/04/2023
At 31/03/2024
Depreciation
At 01/04/2023
At 31/03/2024
Net Book Amounts
At 31/03/2024
At 31/03/2023		 Fixtures and
Fittings
£
5,407
5,407
5,388
5,388
19
19		 Total
£
5,407
5,407
5,388
5,388
19
19

Page 17 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

6. DEBTORS
Amounts falling due within one year:
Trade debtors
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Taxation and social security
Other creditors		 2024
£
3,585
3,585
2024
£
1
9,219
9,220		 2023
£
21,535
21,535
2023
£
2,933
37,708
40,641

Included in Other Creditors is Deferred Income being income in advance of £2,600 (2023 £28,386) comprising Moving Minds in Life Rooms £2,200 (2023 £22,766) and Monkton Nursery £400 (2023 £420).

8. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £10, to the company should it be wound up. At 31/03/2024 there were 6 members.

9. UNRESTRICTED FUNDS

9. UNRESTRICTED FUNDS
General fund
Designated Reserve Fund		 Brought
forward
£
19
96,857
96,876		 Incoming
resources
£
104,857
-
104,857		 Outgoing
resources
£
(130,862)
-
(130,862)		 Transfers
£
26,005
(26,005)
-		 Carried
forward
£
19
70,852
70,871

Designated Reserve Fund

Funds to reflect the trustees' plan to build designated reserve for resilience and to ensure that the activities are sustainable

Page 18 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

10. RESTRICTED FUNDS

Foyle Foundation
Elizabeth Rathbone Charitable
Trust
Arts Council England - Elevate
Abderrahim Crickmay Charitable
Settlement
Arts Council England - Project
Grants
National Lottery Awards for All
Liverpool City Council
Garfield Weston
Postcode Lottery		 Brought forward
£
-
-
12,000
-
9,148
9,960
-
15,000
10,000
56,108		 Incoming
resources
£
20,000
1,500
-
800
32,313
19,583
10,000
-
-
84,196		 Outgoing
resources
£
(20,000)
(1,500)
(10,800)
(800)
(41,461)
(10,460)
(10,000)
(15,000)
(10,000)
(120,021)		 Transfers
£
-
-
-
-
-
-
-
-
-
-		 Carried
forward
£
-
-
1,200
-
-
19,083
-
-
-
20,283

Foyle Foundation

Funds for core programme of activities.

Elizabeth Rathbone Charitable Trust

Funds for the Stronger Together project: weekly dance activities for refugees, people seeking asylum and other migrants.

Arts Council England – Elevate

Arts Council funding for company development.

Abderrahim Crickmay Charitable Settlement

Funds for the Wildfire Rising Bristol global majority artist development programme.

Arts Council England - Project Grants

Grants for community co-creation and an artist training programme for global majority.

National Lottery Awards for All

Funds for the Stronger Together project: weekly dance activities for refugees, people seeking asylum and other migrants.

Liverpool City Council

Funds to support annual Movema dance programmes in Merseyside.

Garfield Weston

Funding for the core programme of activities.

Postcode Lottery

Funding for the core programme of activities and community projects.

Page 19 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

11. TAX STATUS

Movema is a registered charity and all the activity is in furtherance of our charitable objects therefore we claim exemption from corporation tax.

12. NET ASSETS BY FUND

12. NET ASSETS BY FUND
Unrestricted Funds
Tangible Fixed Assets
19
Net Current Assets
70,852
70,871
13. ANALYSIS OF RESOURCES EXPENDED
Direct Charitable Expenditure
Direct Project Costs
Administration
Finance
Marketing
Premises
Staff
Governance Accountancy, Board Expenses
Total Resources Expended		 Restricted Funds
-
20,283		 Total Funds
19
91,135
91,154
2023
63,951
11,286
239
4,178
13,831
144,424
237,909
3,252
3,252
241,161
20,283
2024
84,879
17,659
104
5,588
13,268
122,785
244,283
6,600
6,600
250,883

14. DETAILS OF INCOME

2024 2023
Sundry Grants and Donations 229 63
Grants: Arts Council England 32,313 85,313
Grants: National Lottery Platinum Jubilee Fund - 9,793
Grants: Awards For All 19,583 9,960
Grants: Postcode Lottery - 24,983
Grants: Foyle Foundation 20,000 -
Grants: Bristol City Council - 4,471
Grants: Garfield Weston - 20,000
Grants: Liverpool City Council 10,000 -
Grants: Elizabeth Rathbone Charitable Trust 1,500 -
Grants: Abderrahim Crickmay Charitable Settlement 800 -

Page 20 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Generated Income: Workshops, Education, Services,
Fees and Merchandise		 104,630
189,055		 110,112
264,695

15. RELATED PARTY TRANSACTIONS

The remuneration of 3 key personnel in total was £67,435. No individual was paid a salary of more than £60,000. During the year Dawn Taylor was paid £5,112 for professional services as described in the Trustees’ Annual Report. No Trustee received any remuneration for their services as a Trustee.

16. GENERAL INFORMATION

Movema is a private company limited by guarantee, registered as a Charity and incorporated in England. Its registered office is The Bluecoat, 108 School Lane, Liverpool, L1 3BX

The financial statements are presented in Sterling, which is the functional currency of the company.

17. REVENUE RECOGNITION

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Page 21 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Incoming Resources for the year ended 31/03/2024

Incoming resources
Incoming resources from generated funds
Grants
Miscellaneous Income
Donations
Merchandise: Other
Grants: Elizabeth Rathbone
Grants: National Lottery Platinum Jubilee Fund
Grants: Foyle Foundation
Grants: Bristol City Council
Grants: National Lottery Awards for All
Grants: Garfield Weston
Grants: Other
Grants: Arts Council England
Grants: Postcode Lottery
Charity Income
Service/Fee Income: World Dance Workshop
Service/Fee Income: Per Head
Service/Fee Income: Performance
Service/Fee Income: Contract
Service/Fee Income: Project/ Commission
Billable Expense Income		 10
229
789
1,500
-
20,000
-
19,583
-
10,800
32,313
-
31,784
3,356
6,925
26,761
33,245
1,758		 2024
£
85,224
103,829
189,053
189,053		 -
63
310
-
9,793
-
4,471
9,960
20,000
-
85,313
24,983
42,768
3,023
16,995
25,953
19,400
1,663		 2023
£
154,893
109,802
264,695
264,695

Page 22 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Movema

Expenses for the year ended 31/03/2024

Expenses
Costs of generating funds
Costs Of Generating
Voluntary Income
Purchases
Charitable Activities
Cultural Community
Education through dance
Advertising and sales
promotion
Marketing
Website costs
Travel
Postage and Packaging
Rent or Lease of Buildings
Resources
Salaries
NIC employer (wages and
salaries)
Pension contributions
Training
Equipment Consumables
Evaluation
Access costs
Freelancers
Insurance
Legal and Professional fees
Costumes and Accessories
Volunteer Expenses
Office Expenses
Telephone
Subscriptions
Bank charges		 2024
£
-
-
-
-
3,754
1,834
6,333
-
13,268
1,739
115,713
4,734
2,338
6,639
1,265
1,265
6,851
67,349
1,380
8,683
-
76
387
339
232
104		 2023
£
809
809
809
398
1,968
1,812
4,184
19
13,831
4,208
134,974
6,445
3,005
1,328
144
-
-
52,038
1,309
6,425
2,083
485
600
1,093
511
239

Page 23 of 24

Movema Annual Report and Financial Statements for year ending 31 March 2024

Sundry expenses -
244,283		 1
237,100
Expenses
for the year ended 31/03/2024
Governance Costs
Resources Expended Governance Costs Professional Fees
Governance Costs - Board Expenses		 2024
2,376
4,224
6,600
250,883		 2023
2,100
1,152
3,252
241,161

Page 24 of 24