Charlty Registratlon No. 1202165
Company Re81strat￿n No. 04￿)6784 IEn8land and Wales)
JASMIN VARDIMON COMPANY LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
BUSINESS
ADVISORS
& ACCOU14T&NT5
One Bell Lane
Lewe5
East SLsssex
BN7 UU

JASMIN VAROIMON COMPANY LIMITED
CONTENTS
Company information
Tru5tees' report
Independent examiner's report
Statement of financial activities
Balance sheet
Statement of cash flows
io
Notes to the financial statements
11-21

JASMIN VARDIMON COMPANY LIMITED
COMPANY INFORMAnoN
Trustses
Dr F Kerrigan
Ms H l Hackett
Mr N I Catliff
Ms S R Leighton
Mr G BarAmotz
Ms J Vardimon
Dr L Worth
Mrpcorr"
Charlty number
1202165
Company number
04306784
PrI￿1PaI address
JV H.O.M.E
Creative Entèrprise Quèrter
javèlin Wav
Ashfr)rd
Kent
TN248FN
Re8iStered offke
One Bell Lane
Lewes
East Sussex
8N7 IJU
Independent examlner
TC Group
One Bell Lane
Lewes
East Sussex
BN7 IJU

JASMIN VARDIMON COMPANY LIMITEO
TRUSTEES, REPORT IINCLUDING DIREcfoRS' REPORTI
FOR THE YEAR EP4DED 31 MARCH 2024
The trustees p￿ent their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
financial statements and Comply w*th the charity's governing document, the Companie5 Act 2(X)6 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 Republtc of Ireland IFRS 1021.
le*fective l January 20191.
Objertlves and activities
The principal activity of the company continues to be that of a dance company dedicated to advancing education
for the public benefit by the promotion of the èrts. in particular but not exclusively the art of dance.. through
provision of perform3nces,' workshops,. classe5,' seminars and lectures.. with Specific, but not exclusive reference to
the work oflasmin Vardimon MBE.
We nurture talent in children, young people. community. teathers and arts profe55ionals. through a full and varied
programme of workshops and training pro8ramme5 in our unique facility, which predominantly involve pract¢cal
experience of dance. Pi5ates and physical theatre. and enrich the lives of members of the community of all a8e5.
We benefit the public by.. supporting physical and mental wellbeing,. developing emotional literacy with young
people u5in8 dance as a means to explore and articulate their life experieFkce,' offering OPPOrtunitie5 for young
people to develop skills and explore career pathways., providtng bursary offers for graduate dance training and
skills programmes including choreography, design and technical skills as well as dance., providing symposia and
talks for industry pro%essiona15 and member5 of the public keen to expand their knowledge and understanding of
dance method and philosophv.
We provide engagement wilh the arts to the public by touring nationally within the UK. and internationalSy. Our
training prografflmes facilitate the exchange of ski115 and talent on a European and international Scale in the
pursuit of advancin8 education for the public benefit by the promotion of the arts. JVC programmes are offered in-
house. as well as outreach. ènd aim to develop participants. skills, access. and understanding about the arts and to
stspport our role as advisors 3nd advocates lor arts arbd culture. regionally. nationally and internalionally. The
orgènisation brings high quality Britlsh dance theatre to international audiences, dis5eminale5 information and
good practice and is committed to sharing. learning and practic*ng through working with organisalions such as the
British Council. Our community artivit4e5 Stand alone as well a5 cornpliment the live performaTrce5 created by
Choreographer and Artistic Director lasmin Vardimon.
ARTISTIC..
create ambitious new work and reach new audiences regionally, nationally and international
seek wider opportunitie5 to showcase the company's performances and activities
CREATIVE LEARNING..
engage with people in the community through education. learning and participation
continue to facilitate and expand the JV2 programme
offer bur53ries for professional dance training to attrart talented individua15. Othe￿￿ls￿ unablè to
participate due to financial hardship
engage with educational Instit￿lOn5 offering a programme of workshops ènd vi51ts. to Inspire and raise
a5pir3tions ol teachers and students from diverse backgrounds
provide exceptional support in assisting the young people of Kent, through regular work experience
placements and internships

JASMIN VARDIMON COMPANY LIMITED
TRUSTEES, REPORT {INCWDING DIREcfoRS' REPORTI ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH2024
JV HOME..
• contrnue to promote the hire of the studios and spaces in IV HOME
advertise the café more widely. expanding the menu and catering offers
offer world class contemporary dance theatre performances for local communitles, the public and schools
In a culturnlly deprivèd area
FINANCIAL..
seek increased funding to support bullding running costs
find ways for the company to be more agile and robust
look at funding opptsrtunitie5 Wlth collaborative partners for community projects
Public benefit
The trtastees conftmi that they have referred to the 8uidance contarned in the CharSty Commission's general
guidance on public benefit when reviewing the charttsble cornpany's aims and objectives.
Achievements and performance
2023-2024 tsias the first full financial year in OUT new building (IV HOME) and the fI￿t year in which the two
companies, Jasmin Vardimon Dance Company, and Jasmin Vardimon Education Company. were merged and
Jasmin Vardimon Company Ltd was regisiered a5 a charity.
It was a busy year, learnln8 and understanding how a new building worked and establishing new contacts and
business relationships. Our Café is open to the publit from 09.(XI- 15.30 weekdays and from 09.00 - 13.(X) on
Saturdays during teym time.
We are able to hire our three studio spa¢es when the company is not using them. Studio 3 is hired to external
organi5ations for staff and board meetir¢gs and away days, with accompanying catering and refreshments.
Wè have establlshed Youth classes on a Thursday afternoon and Satunlay wnomings and host a full time Pilates
instructor who has hired a room for her clients. This not only aliEn5 Wlth the work JVC does, but also brings regular
visitors into the building and cafe.
The JV2 programme has been increased to two cohorts a year,. each six months in length. This programme
continLses to develop versatile and multidisciplinary performers. Some of these dancers go onto to dance.
choreograph and teach for JVC.
We contir*ue our Work with our slx associate schools which has help embed us into the life of local Ashford
Communities. The building allows us to be able to offer access to rehearsals, workshops and performance5 which
support their currtculum activity.
JVC successfully perfonned ALICE lèadlng up to Christmas 2023 In Studio l. enabling us to invite the community
into our new building. The company toured ALICE nationalty after Christma5 before Jasmin startlng R&D for her
new creation which celebrates the 25th anniversary of the company in 202412025.

JASMIN VAROIMON COMPANY UMrrED
TRUSTEES, REPORT IINCLUDING OIRECTOKS. REPORT) (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
Finan£ial review
In light of the comments above, the financi31 Tesult5 reflert some of the challenges faced. However. total income
held up well with the actual result5 just £9K below the forecast.
Grants income, Trvst & Foundation income. Education income and the income from the café and bu41ding activity
held up well and in line with our forecast. Touring income was lower due to reduced activitv.
Overall, expenditure was £28K above forecast. The largest area of overspend was due to overhead costs Fn respect
of JVHome, where increased off ice, building and energy costs exceeded forec35t. Thi5 overspend w35 offset by
reduced personnel costs providing a £30K positive var43nce against forecast as a resvlt of reduced production and
touring activity. as well as reduced management and pe¥50nnel costs.
The Un￿StrICted funds balance at year end declined to £103K. due to the reported deficit. However, a claim for
Theatre Tax Relbef, once made, should increase the funt1s balance in the region of £50K to £70K. The funds balance
remains adequate to support our shortlmedium term requirements.
The planned actTrvity going forward 15 to..
ncrea5e education acttv*ty
increase L¢se of the building by hiring out facilitie5 to other organisations
focus on inc¥easin8 trust & foundation donations
mole touring activitv
The future remains challenging with fundin& espectally from the Arts Council and local authority sources. The
company is very mindful of thi5 and 15 managing the tiusiness to trthtically look at revenue 5tream5 and focu5 on
expenditure. We have forecasted a deficit of £30K for the financial year to 31 March 2025, which is realistic. This
will St￿1& leave the company in a financially soijnd posltion.
Reserves policy
It is the policy ()f the charity that unrestricted funds which have not been designated for è specific us@ should be
maintained at a level equivalent to between three and six months, expenditure. The trustees consider that
reserves at this level will ensure that. in the event ot a significant drop in funding, they will be able to continue the
charity's current attivitie5 while con5ideratgon is given to ways in which additional fund5 Tnay be raised. This level
of reseNes has been maintained throughout the year.
Strurture, governance and management
The charity is a company limited by guarantee and is therefore governed by its Memorandum and Articles of
Association. Its 8overning body controls the management of the charity and consists of the elected trustees.
The trustees, who are also the director5 for the purpose of company law. and who se¥ved during the year and up
to the date of signature of the financial statements were..
Dr F Kerrigan
Ms H J Hackett
Mr N I Catliff
Ms 5 R Leighton
Mr G Bar Amotz
Ms J Vardimon
Dr L Worth
Mr P Corr

JASMIN VARDIMON COMPANY UMITEO
TRUSTEES, REPORT IINCLIJDING DIREcfoRS' REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCN2024
The trustees. report was approved by the Board of Trustees.
Mr N I Catliff
Ms S R Leight
Date..

JASMIN VARDIMON COMPANY UMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF JASMIN VARDIMON COMPANY IIMITED
I report to the trustees on my examination of the financial statements of lasmin Vardimon Company Limited (the
charityl for the year ended 31 March 2024.
Responsibilities and basis of report
the trustees of the charity land also its directors for the purpose5 of company lawl you are responstble for the
preparation of the financial statements in accordance w¥th the ￿quIreMentS of the Companies Act 2006 Ithe 2006
Actl-
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of
the 2006 Act and are elFgible for independent examinatron, I report in respe£l of my examination of the charity's
finèncial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my
examination I have followed all the applicable D1￿CtIOnS given by the Charity Commi55ion under section 14515llbl
of the 2011 Act.
Independent examinees statement
I have completed my ex3mination. I confirm that no matters have come to my attention in connettion with the
examination giving me cause to believe that in any material respect..
accounting ￿CordS weie not kept in respect of the charity as required by section 386 of the 2006 Att.. or
Ihe financial statements do not accord with those records., or
the financial statement5 do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement ihat the accounts @ive a true and fair view which is not a matter considered as
part of an independent examination,. or
the financial st3tement5 have nDt been prepared in accordance with the methods and principles of the
Statement of Recommended PTactice for accounting and reporting by charities applicable to charitie5
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concern5 and have come across no other matters in connertion with the examination to which attention
should be drawll in this report In order to enable 3 proper understanding of the ftnancial Statements to be
reached.
D Wmqrtin FCA on beholf of
TC Group
One Bell Lane
Lewe5
East Sussex
BN7 IJU

JASMIN VARDIMON COMPANY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCWDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR EP4DED 31 MARCH 2024
Unre5trirted
funds
2024
Unre5trirtèd
funds
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
460,975
529.822
2,574
590,183
410,129
906
Total Income
993,371
1,001,218
Empenditure on:
Charitable activities
1.062,690
969,475
Total expenditure
1,062,690
969,475
Net incomellempenditurel and movement in funds
169,3191
31,743
Xeconcillafjon of futyls:
Fund balance5 at l April 2023
172,051
140,308
Fund balances at 31 March 2024
102.732
172.051

JASMIN VARDIMON COMPANY LIMITED
BALANCE SHE
ASAT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
li
333.667
357,363
Current assets
Debtors
Cash at bank and in hand
12
90,915
50.510
23.524
252,353
141.425
275,877
Creditor5'. amout7ts fallinE due withln one
year
14
170,6751
1129.5551
Net current assets
70,750
146.322
Totsl assets less turrent liabllitles
404.417
503,685
Creditors: amounts fallinB due after more
than one year
15
1301,6851
1331,6341
Net assets
102,732
172,051
The funds of the charity
Unrestricted f￿ndS
18
102.732
172,051
102,732
172,051

JASMIN VARDIMON COMPANY LIMITED
BALANCE SHE￿ {CONTINUEDI
ASAT31 MARCH2024
The comparry is entitled to the eyemption from the audit requirement contalned in section 477 of the Companies
Act 2006, for the year ended 31 March 2024.
The trustees aCknO￿edge their responsibilities for ensuring that the charity keeps accounting records which
comply with section 386 of the Act and for preparing financial statements which give a trLTre and fair view of the
stste of affairs of the company as at the end of the financial year and of its incoming iesourtes and applitation of
sources. includin8 Its income and expenditure, ft)r the financial year in accordance with the requirement5 of
sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2CQ6 relating to
financial stateEnents, so far as applicable to the company.
Thè mèmbèrs have not required the company to obtain an audit of its financial ststements for the year in question
in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companses regime.
The finan¢lal statements were approved by the trustees on ...&.p. /101..L
Mr N I Catliff
MsSRLeig
Company registration number 04306784 (England and Wales)

JASMIN VARDIMON COMPANY UMITED
STATEMENT OF CASH FLOW5
FOR THE YEAR EI4DE0 31 MARCH 2024
2024
2023
Notes
Cash flows from opernting activities
Cash lab50rbed byllgenerated from
operations
20
1188,8901
95,731
In¥esting artivities
Purchase of tangible fixed assets
Investment income received
15.5891
2.574
158.6361
906
Net tash used in investing aclivities
13,0151
157,7301
FinanclnE activities
Repayment of bank loans
19,9381
19.6941
Net cash used in financFn8 3rtivities
19,9381
19,694)
Net Idecreasèllincrease In cash ar￿ cash
equivalents
1201,8431
28,307
Cash and cash equivalent$ Bt beginning of year
252,353
224.046
Cash and fash equivalents at end of year
50.510
252.353
10-

JASMIN VARDIMON COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THF YEAR EPIDED 31 MAIKH2024
Accountln8 pollcles
Charity information
Jasmln Vardimon Company Limited wa5 a private company limited by guarantee incorporated in England and
Wales. Jasmin Vardimon Company Limited has become an incorporated charity, limited by guarantee from I
April 2023. The registered office is One Bell Lane, Lewes, East Sy5sex, BN7 IJU.
1.1 Accountlng convention
The financTral statements have been prepared in accordance with the charity's governin8 document, the
Companie5 Act 2(K16, FRS 102 -The Financial Reporting Standard applicable In the UK and Republic of
Ireland~ l~FRS 102.1 and the Charities SORP "AccourÈtin8 and Reportbng by Charit4es'. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reportin8 Standard applicable in the LIK and Republic of Ireland IFRS 1021" (effective l January 20191. The
charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterlin8. which is the functional currency of the char¢ty. Monetary
amounts in these financial statements are rounded to the nearest E.
The financial statements have been prepared under the historical c05t convention. The principal accourtrting
policies adopted are set out below.
1.2 Golng ¢onw
At the time of approving the financlal statements, the trustees have a reasonable expectatlon that the
charity has adequate resources to continue in operational existence for the foreseeable future. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charttable funds
Unrestricted fund5 are available for use at the discretion of the twstees in furtherance of their charitable
objectives.
1.4 Incomt
Income Is rècogni5ed when the charity ts legally entttled to it after any performance cond¥tions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are re¢ognised on receipt. other donations are recognised once the charlty has been
notified of the donation, unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time
of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distriblttion,
the amount is known, and receipt is expected. If the amount is not known. the le8acy is treated as a
contingent asset.

JASMIN VARDIMON COMPANY LIMtrED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policles
Icontinued)
1.5 Expèndsture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to
third party. it is probable that B transfer of economic benefits will be required in settlement, and the amount
of the obltgation can be measured relsably.
Expenditure is classified by activity. The costs ol each ?ctivsty are made up of ihe total of d1￿ct Costs and
shared costs, including support costs involved in undertaking each activity. Direct cost5 attributable to a
single activity are allocated directly to that activity. Shared costs which contribute to more than one activtty
and support cost5 which are not attributable to B s¥ngle activtty are apportioned between those activities on
a basis consistent wFth the use of resources. Ceftlral staff costs are allocated on the ba515 of time spent. and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed a55ets
Tangible limed assets are initially measured at cost and subsequently measured at C05t or valuation, net ol
depreciation 3nd any impairment105ses.
Depreciation is recognised so as to write off the cost or valuatÈon of assets les5 their residual values over
their useful lives on the following bases..
Leasehold improvements
Fixtures and fittings
Computers
5% straight line
25QA reducing balance
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Impaimient olfixed assets
At each reporting end date. the charity Teviews the cèrrytng amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the emtent of the impairment
loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalent5 include cash in hand. deposits held at call with banks, other short-term liquid
investments with original maturities of three moF)ths or les5. and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
12-

JASMIN VAROIMON COMPANY UMITED
NOTES TO THE FINANCIALSTAYEMENTS ICOTrmNUEDI
FOR THE YEAR ENDED31 MARCH2024
Accountlng pollcles
(Continuedl
1.9 Flnandal Instruments
The charity has elected to apply the provisions of Sectton 11 'Basic Flnancial Instruments, and Section 12
'Other Finan£ial Instruments lssue5' of FRS 102 to all of its financial instruments.
Financial instruments are recoBnised in the charity's balance shèet when thè ch3rity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements. when
there is a legally enforceable rtrBht to set off the recognised amounts and there is an intention to sèttle on a
net basis or to realise the asset and settle the liability simultaneouslv.
askfinaftciul assets
Basic finant131 assets, which inclvde debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subseqLsently carried at amortised cost using the
effective interest method unless the arrangement constitutes a finaricing trènsartion, where the tran5a£tion
is measured at the present value of the future receipts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not amortised.
8aslcfinanclalliobllltles
Basic financial liabilities, including creditors and bank loans are initially ￿CogniSed at transaction price unless
the arran8ement constitutes a financin8 transaction, where the debt Trnstrument is measured at the present
value of the future payments d*scounted at a market rate of interest. Financial liabilities cla55ified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade credstors are obl1￿110n$ to pay for goods or services that have been acquired in the ordinary course of
operation5 from suppliers. Amounts payable are classified as current liabilities if payment is due within one
vear or less. If not, they are presented as non-current liabilities. Trade treditofs are recognised initially at
transactlon price and subsequently measured at amortlsed c05t Usin8 the effective interest method.
Derecoqnition offinonciol liubilities
Flnancial IlabS1ities are dÈreco8nised when the ¢haritVs contractual obllgations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediatèly as Jn expense when the charity 15 demonstrably
committed to terminate the employment of an employee or to provide termination benefits.
1.11 Rètirement benefits
Payments to defined ¢ontrlbution retlrement benefit schemes are charged as an expense as they fall due.
13-

JASM114 VARDIMON COMPANY LIMITED
NOTES TO TrIE FINANCIAL STATEMENTS ICONYINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Income from donat10Tr5 and legacies
Unrertrlrtèd
funds
2024
Unrestricted
funds
2023
Grants
460,975
590,183
In¢ome from charitable artivities
Unrestricted
funds
2024
Unrestr4tted
funds
2023
Charitable Income
Sale ol 8ood5
Services provided under contract
Sales ol services by beneficiarie5
Performance related grants
Ancillary trading sncome
Charitable rental income
106,551
19,707
62,945
248,405
304,519
13.075
16,210
82,047
15,7221
92,214
529,822
410.129
Income from investments
Unrestricted Unre5trirted
funds
funds
2024
2023
Interest receivable
2.574
9¢
14-

JASMIN VARDIMON COMPANY IIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED31 MARCH2024
Expendlture on charltable actlvftles
Charitsble
Charitsble
expendlttlre expendlture
2024
2023
Dlrect costs
Staff costs
Depreciation and impairment
Enter ac905 in database
Enter ac907 in database
Enter a¢908 in database
428,344
29,284
237.846
30,282
81,927
187,231
31,351
483,969
15,029
807,683
717,580
Share ol support and governance ¢¢sts (see note 6)
Support
Governance
206,142
48.865
133,547
118.348
1,062,690
969,475
Anatysls by tund
Unrestricted funds
1,062,690
969,475
15

JASMIN VARDIMON COMPANY UMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR ThE YEAR ENDED31 MARCH 2024
Support costs allocated to activities
2024
2023
Rent
13,310
63,780
43,462
30.179
9,158
4.041
10,083
10.926
20.665
538
48,865
9,941
6,526
22.594
27,816
12,017
2,654
Rates
Repairs and rnaintenance
Computer expenses
Travel
Bank charges
Irrecoverable VAT
Insurance
Advertising
Sundry
Governance costs
10,714
26,158
15.127
118,348
255.007
251,895
Analysed between:
Charitable expenditure
255,007
251.895
2024
2023
Governan￿ costs comprise:
Accountanry
Legal and professional
35,857
13.008
13.069
105,279
48.865
118,348
Governance costs includes payments to the independent examiner of £2.50012023 £1.515- Accounts feel
Net movement in funds
2024
2023
The net movemenl in funds is stated after charging/lcreditingl'.
Depreciation ol owned tangible fixed assets
29,284
31.351
TrLSStees
Two of the trustees ￿ceiVed remunerBlion during the year totalling £66,51612023 £40,Oc￿l
During the yeHr, no trustees were reimbursed for expenses inturred on behalf of the charity.
16-

JASMIN VARDIMON COMPANY LIMITED
NOTES TO THE FINANCIAL sfATEMENYS ICONTINUEDI
FOR THE YE4R ENDED 31 MARCH2024
Employees
The average monthly number of employees during the year was-
2024
Number
2023
Numbèr
17
li
Employment wsts
2024
2023
Wages and salaries
Other pension costs
422.095
6,249
182,918
4,313
428,344
187,231
The number of employees whose annual remuneration was more than
£60,000 is as follows..
2024
Number
2023
Number
60,001 to 70,000
Remuneration of key management personnel
The remuneration of key management persctnrlel was a5 follows..
2024
2023
Aggregate compensation
133,516
40,ThJO
10 Taxation
The charity is exempt from taxatlon on its act¢vities because all its income 15 applied for charitsble purposes.
The charity has claimed theatre tax relief I￿RI for eli8ible production5. Thè reliel has been calculated based
on qualifying expenditure and is recognised as income in the Statement of Financial Position1SOFPI. The
total amount clalmed In the year is £75.485. relating to the two p￿VIouS financial year5.
Due to the entity's transition to an incorporated charity during the financial year, the deferred tax liability
rècognlsed In the previous flnanclal year has been reversed. The total amount of deferred tax reversed was
£5,432. which has been recognised as intome in the SOFP.
17-

JASMIN VARDIMON COMPANY LIMITED
NOTESTO THE FINANCIAL sfATEMENTS ICONTINUEDI
FOR niE YEAR EP4DED 31 MARCH2024
11 Tangible fixed assets
Lea5ehokl
Impro¥ements
Xi￿r¢Sand
rittln85
Compu*
Total
At l April 2023
Additions
349,885
77,530
2,524
70,712
3.065
498.127
5.589
At 31 March 2024
349.885
80.054
73.777
503,716
Depreciation and impairment
At l April 2023
Depreciation charged in the year
34.077
17.496
61.554
4.628
45,134
7,160
140,765
29,284
At 31 March 2024
51,573
66,182
52.294
170.049
Carrying arnount
At 31 March 2024
298.312
13,872
21,483
333,667
Al 31 March 2023
315.809
15.976
25.578
357.363
12 Debtors
2024
2023
Amounts falling duè wlthin one year:
Trade debtors
Corporation tax recoverable
Other debtors
Prepayments and accrued income
3,457
75,485
11,323
650
500
23,024
90.915
23,524
13 Loan5 and overdrafts
2024
2023
Bank loan5
23,268
33,206
Payable within one year
Payèble after one year
10.183
13,085
9,932
23,274
18-

JASMIN VARDIMON COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YE4R ENDED 31 MARCH2024
14 Credltors.. amourts falling due within one year
2024
2023
Notes
Bank loans
Corporation tax payable
Other taxatlon and social 5e¢urity
Government grants
Trade creditors
oiher creditor5
Ac¢ruals and deferred income
10,183
9.932
9,133
3.883
20.522
19,048
61,159
5,878
8.581
19,760
21,468
3,811
6,872
16
70,675
129,555
15 Creditors: amounts falling due after more than one year
2024
2023
Notes
Bank loan5
Government grants
iy
16
13.085
288.600
23,274
308,360
301.685
331,634
16 Government grants
Deferred income is inclLsded in the financial statements as follows:
2024
2023
Deferred income is induded within..
Current liabilities
Non-current liabilities
19,760
288,600
20,522
31)8,360
308.360
328,882
Movements In the year..
Deferred income èt l April 2023
Released from previous periods
Resources deferred in the year
328,882
120,5221
296,567
121,5391
53.854
Dèferred income at 31 March 2024
308,360
328,882
19

JASMIN VARDIMON COMPANY LIMITED
NOTES TO THE FINANCIALgTATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Retirement benefit schemes
2024
2023
Defined contribution schemes
Charge to profit or loss in ￿SpeCt of defined contributlon Schemes
6.249
4.313
The charity operates a defined contribut¥on pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the chartty in an independently administered fur>d.
18 Unrestritted funds
The unrestricted funds of the charity comprise the unexpended balances of donatiofis and Èrants wh¥ch are
not subject to specific condition5 by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At l Aprll 2023
Incomlng
resources
Resources At 31 Maich
expended
20Z4
General funds
172,051
993,371
11,062,690)
102,732
Previous year..
At l April 2022
Incoming
resources
Resources At 31 Marth
expended
2023
General funds
140.308
I.IXJl,218
1969,4751
172.051
19 Related party transactions
Therè were no disclosable related party iransactions during the year12023- none).
-20-

JASMIN VARDIMON COMPANY UMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR TATE YEAR ENDED 31 MARCH 2024
20 Cash generated from operations
2024
2023
(Dèficitllsurpus for the year
169,3191
31,743
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed asset5
12.5741
29,284
19061
31,351
Movements In working capital-
Ilncreasel/detrease in debtors
IDecreasel in creditOf5
IDecreasellincrease in deferred income
167,3911
158,3681
120.5221
558,959
1557,7311
32,315
Cash labsorbed by)/generated from operations
1188.8901
95,731
21 Analws of chan￿$ in net fund5
At i Atrf 2023
Cashlltr•Js M It￿rth1o%4
Cash at bank and in hand
252,353
1201,8431
50.510
Loans falling due within one year
Loans falling due after more than ot)e year
19,9321
123,2741
12511
10,189
110,1831
113,0851
219,147
1191.9051
27.242
21