Israell Dance Instituts Report and Financial Ststements Yaar Ended 31 December 2024 Registered Charity No: 279801
Israeli Dance Institirte Report and Financial Statements for the Year Ended 31 December 2024 Contents Pages Legal & Administrative Infornation Report of Trustees including Strategic Report Statement of Financial Activiti'es 24 Balance Sheet Notes to the Financial Ststements 9-13 Independent Examinefs Report 14
Israeli Dance Instite Legal and Administrative Inforniation For the year ended 31 December 2024 Charity name.. Israeli Dan Institute Registered Charity No." Company No. 1206015 CE034484 Nature of goveming document.. Foundation constitution ft>r CIO. Trustees.. Adrian Andrusier Chair) Danielle Cohen {Secretary) Brian Plen (Treasurer) Maurice Stone {Chair) Principal office and Charity address: Suite 138 116 Ballards Lane London N3 2DN Independent Examiner David Pollock ACMA Pollock Accounting 34 Sentinel Square London, NW4 2EL Bankers.. National Westminster Bank plc 786 High Road London N12 9NZ Solicitors: Mishcon De Reya Africa House 70 Kingsway London WC2B 6AH
Israeli Dance Institute Report of the Trustees including the Strategic Report For the year ended 31 December 2024 The Trustees present their pOrt and accounts for the year ended 31 December 2024. MISSION STATEMENT IDI'S vision and mission fall within two C4tegories: General mmunit '. To promote Israeli dance and song to the widest possible number of people in order to foster good community relations, communty cohesion and understanding through cultural interchange,. and to pyomote mental aThJ physical well-being. Jewish Commun .' To promote Jewbh identity through identification with the Helxew language and connection with Israeli culture. Thus, the work of the charlty covers not only education and the YnOon of religion but also seeks to benefit the general public. HIGHLIGHTS OF OUR YEAR During the calendar year 2024, the Inslitute continued to be impacted by the aftermath of the Covid- 19 pandemic. Dance activitie5 in primary schools have been slow to r&start especially given the shortage of teaching time and the necessty for currTrculum catctsup. are working to r8dress this problem by providing Some free turtion for sch(h)I staff. We held an iTrperson INSET for primary schools in October. In person adutt classes have now retumed to nomial. Our summer course in Augu812024 was still impacted by the war in Ukraine which meant that much of our work with teachers in Ukraine, Russia and Belarus has be8n destroyed along wrth the physical structure in Ukryaine. We were able to obtain visitor visas for five Ukrainian dance teachers who are serying their communrties through respite camps in neighboumg countries and a¢tivrties sometimes in Shelters. We also brought trainees from Turkey. Bulgaria, Latvia, Lrthuania, Czech Republic, Romania, Cuba, Argentina, and Brazil. At the end of the year. we Fyovthd in*erson clas888 at the Limmud Festival. W8 have continued to service our netsvork of dance teachers throughout the worfd with zoom links and downloadable material. Our website had more than 4,400 ¥ItOrS in 2024. VOLUNTEERS AND STAFF The activities of the Institute are supported by a number of volunteers and the Trustees thank tham for Iheir Gontributions to the ongoing development of the Charity. The Trustees also wish to record their appreciation to the professional staff. without whose dedication and commitment, the results of the programme would not have been achieved. PRINCIPAL OBJECTIVES AND ACTivrriES OF THE ISRAEU DANCE INSTITufE The objectives of the18raeli Dan Institute (IDI) are to further Ils charTlable purposes for the public benefit. These are set out in rts constitution as being.. {a) to advance the education of the public in Israeli arml Jewsh folk dances and songs by means of teaching, d8monstrations and other suitable methods,. and to provide arKI encourage research into - and study of- the origins, development and iyactice of Israeli & Jewish ft)Ik dances and to publish all useful suS of such research. IDI'$ principal activities are focused in four areas: Res8arch & Production of material IDI produces dance materials related to Jthvish Festrvals arKI educational topics. Our materials for Jewish Festival dances for children, and Fwrammes for youth and adults are available on-line free of charge to those who wister. Links to dances tsught each week a available to watch via our websrte. (b)
Israeli Dance Institute Report of the Trustees including the Strategic Report For the year ended 31 December 2024 Teacher traini IDI conducts training 8eminars in the UK and in Central & Eastem Europe for teachers and youth leaders, covering both teaching methodology and the use of materials. Cla ses for adults OLrth and children The InstitLrte both runs classes for children, youth and adults in the London area, and encourages others to do so by disseminating mateTials. It provides advice for community centS and teachers seekn'ng to establish clas. P8rformances IDI sponsors perfoming troupes which perform at many inter-faith arKI multi-cultural events as well as at functions for the Jewish communty. They Introdu many thousands of people eath year to the vibrant nature of Israeli and Jewish dance. STRATEGIC REPORT The charity has a rolling 8trat8gic plan covering drff8rent areas of its work. under regular review by the Trustees. Our main objeth'ves are to increase the numbers involved wrth Israeli dance in the UK and overseas. The Charity continues to look at new ways to promote its programme$ through teacher and yOLrth training schemes. and courses for newcomers to Israel dance. Following its success in 2024, we will continue the focus on teaching methods for children and youth at our next Machol Europa summer course in 2025. One of the key elements of the course is our investment in scholarships for trainees from Jewish communrties which are emerging or are distressed. ACHIEVEMENTS & PERFORMANCE With effect from 1 January 2024, the Chanty became a CIO wrth a new chanty number. This means that comparative figures for 2023 are not provided since 2024 is the first year of activity for the new Charity However, comparing the new charty with the old charity, income for the year increased by almost £30,000 to £1S2,000. The Increa8e In a0nlonS of some £25,WO Included a one-off £10,000 donation from a Wll Tru8t on behalf of a donor who died some 5 years ago. Vle spent an addrtional £8,000 on our summer programme in 2024 invested mainly In bringing trainees from Ukraine and displaced teachers from Israel, and an additional £8,000 in our work with chlldren in the UK. The Trustees aim to build some strategrc resee$ going forward, especially to underwrite our support for schools. We have continued to carefully control our costs. We now work exdusively from home and olIne. Ther8 IS still a continuing need for us to improve our message for potential donors as V11 as improve information and resources for beneficiaries. We have been 8ncouraged by messages of support from existing donor5.
Isrdeli Dance Institirte Report of the Trustees including the Strategic Report For the year ended 31 Dacember 2024 (continued) The new Charity will corrtinue to invest in training teachers both in the UK and for overseas communtties. We will maintain the policy of bringing participants to our summer training course, Machol Europa, from ¢ommunits8s in distress. The Institute continues to work wrth Jewish communrties overseas, whith a interested in using our programmes, erther because they have been CLrt off from th8 mainstream of Jewish educational activities or have suffered trauma because of terrorist attacks. The Trustees hope to find furKling of a further £32,OCtJ in 2025 to enable us to hav8 a positive impact on more than 14,0(Kl Jewish children in Eastem Europe arKI Soirth America. Involvement and support for ongoing Instrtirte UK programmes has continued in person and on-line during the year. As a matter of policy. we have deo'ded to provKle materials and training to schools almost free of charge to make them accessible to the maximum number of people. This became even more important during the pandemic because of the need to improve the mental well-teing of young people who have been Stuck at home and thus undertaking less exercise than nomial. We wlll need to find some £20.000 to cover our work wtth children and youth in 2025. The amount of perfomiing fees and subscriptions does not represent the true level of activity. Our perfoming troup8s sometimes appear at events. espeaally of an inter-faith and multi-cultural nature, without receiving a fee. STRUCTURE, GOVERNANCE & AIANAGEIIENT CONSTITUTION The Israeli Dance Institut8 (IDI) 18 a Charitable Incorporated (aniSatIOn and 18 governed by a written constitution. The Chanty was registered on 23 November 2023 and started operation8 Wlth effect from 1 January 2024 when the previous charity transferred all rt8 a88ets to the new charity. MEMBERSHIP The constitution provides for 8 Chanty Trustee Boaftls comprising a minimum of three memL*rs who can appoint su&committee8 to run the Charrty. New Trustees are cwpted by existing Trustees to maintain or augment the rarKJe of skills and experience appropriate to the needs and activities of the Chanty and are subsequently proposed for election at the AGM. There are currentiy four Trustees and three additional commrttee member8. On appointment, new Trustees are provided with appropriat8 Chanty Commission guides, the conslitution, and a copy of the strategic plan, the latest statutory accounts and an outline of thelr duties and responsibilitlA8 The Trustees nomially delegate responsilx'lty for the day-ttrday management of the charity to the Administrator. The Trustees continue to attempt to ensure maximum efficiency in the use of staff resour8 and str8ngthen the delivery of the charity'8 programme8. TRUSTEES The Trustees who serrfed at the beginning and end of the year are shown under Legal and Administrative infom)ation on page 1 of the financial statements. RISK MANAGEMENT The Trustee$ have undertaken procedures in order to implemerrt FRS 102 as tt is acknowledged best practice for charities and are satisfied that all the major risks to which the charrty is exposed are being reviewed on a regular basis. They do not consider that there are any specific risks attached to the running of the Chanty that call for speofic action to be taken.
Israeli Dance Institute Report of the Trustees including the Strategic Report (continued) For the year ended 31 December 2024 RESERVES The Trustees are Satisf that the Chanty is solvent in le8 of cash flow. ACCOMMODATION The Institute has a post office address in Finchley arml its administThitor works from home as a cost saving measure. This will continue in the future. PUBLIC BENEFIT STATEMEpir The Trustees have complied wth their duty in Charities Act 2011 to have due regard to guidance published by the Charity Commission.
Israeli Dance Inslitute Report of the Trustees including the Strategic Report For the year ended 31 December 2024 (continued) TRUSTEES RESPONSIBILITIES The trustees are responsible for preparing the Trustees. Report and the accounts in accordano with applicable law and Untted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Vvales requires ttee$ to prepare accounts for each financial year which give a true arKI fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resources of the chanty for that period. In preparing these financial statements. the trustees are required to.. - select suita18 accounting policies aTrJ then apply them con8iStentiy', - obs8rve the meth¢)ds and principl88 of Charities FRS102,' - make judgements and estimates that are reasonable and pnthnt., - state whether applicable accounting standards have been followed, subject to any material dèpartures disclosed and explained in the accounts; and prepare the accounts on the going ¢oncem basis unl888 it 18 inappropriate to presume that the charty will continue in operation The twstees are responsible for keeping proper accounting record8 that disclose with reasonable accuracy at any time the financial position ofthe charrty and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also SponSible for safeguarding the assets ofthe charity and h8n¢e for taking reasonable steps for the prevention and detection of fraud and other irregularrties. INDEPENDENT EXAMINER A resolution re-appointing Pollock Acunting as Independent Examiners will be put to the Annual General Meeting. Signed on behalf of the Trustees on 21 February 2025 MAUriC8 StonA Chairman
ISRAELI DANCE INSTrruTE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrfcted Re8trOcted Total Funds Funds 2024 2024 2024 INCOME AND EXPENDITURE INCOME: Incomo fn>m genornt6d fund• .Voluntary Incom• Donations & grants -Actlvltles lorgoneradng lunds Sale of materials .Investmontlncome Bank Inte$t receNed Income fn>m ch•rhablo actlvlll•s Training Seminar Fees Performance fees & subscriptpJns Class & workshop contributwis Event contribubons 40.247 70,472 110.719 745 745 320 320 22,908 22 908 2.660 13,783 850 13.783 Total In¢om• 81,513 70.472 151,985 EXPENDITURE ON: Ralslng Funds Dlrnct Chat7tabl• •xwdlturn Training seminar5 Materials developnxnt Children's project Youth project Pertorming groups Classes & workshops Promotional aGtiviti8s 2,199 2.199 30.549 47.895 78,444 4.932 697 10,413 19,649 2,477 18.034 1,505 1,475 1.583 22,966 2.202 11.888 21,212 2,477 Total expondlturo Not• 2 71,598 70872 142,070 Net InMe for the yegr i Net movement in Funds 9,915 9,915 Total Fund brought fopward from old charity on1 January 2024 9.455 2,431 11,886 Total Funds carrW lold at 31 D•comber 2024 Nol• 8 19,370 2A31 21,801 There are no recognised gains and losses otherthan those passing through the s>ement of financial activities. All incoming resources and resou8 expended derive from continuiThJ activitte8.
ISRAELI DANCE INSTITIJTE BALANCE SHEET AS AT 31 DECEMBER 2024 2024 CURRENT ASSErs Cash at Bank and in hand Accounts receivable Payments in advance 25,361 53 CURRENT LIABILITIES Accounts payable Income in advance 1,459 NET CURREP+T ASSEf8 21 NET AS8ETS FUNDS un$triC Restricted 14,389 41 The account8 Vre approved by the Trustees on 21 February 2025 M. Stone B. Plen
ISRAELI DANCE INSTITUTE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUNTING POUCIES a) Basls of prnparation accounts have been wepared under the historical cost convention which is consistent with the prior year. The fonnat of the financial statem8nts has been presented to comply with the Charrtres Act 2011, FRS102 The Financi81 Rep(vting Standard applicable in the UK and Ireland and the Statement of Recommended Pra(ce 'Accourrting and Reporting by Charrties ('SORP 2019°) and applicable regulations. The Chanty is a Public Benefit Entity as definéd by FRS 102. b) Golng concern The Twstees consider that there are no material uncertainties al)out the Charity's ability to continue as a going cOnM any signffi¢ant areas of uncertainty that affect the carrying valuè of assets held by the charty. The Truste88 have reviewed and consided relevant infonnation, including the annual budget and future cash flows in making their assessment c) General Infommllon The Israeli Dance InstitLrte (IDI) is a registered charty (no. 1206015) and a Charitable Incorporated Organisats'on (CIO). Its registered office address is Suite 138, 116 Ballards Lane, London N3 2DN. d) Fund Accountlng Unrestriced funds a generdl funds available for at th8 dt8cretlon of the Trustees in furtherance of the objects of the Charty. Reslricted funds are th08e 8ubject to speafic eorKlibon8 Impo by donor8 or grant mak8r8 or by the purpos8 of the appeal. Wh8re there is an orKJoing appeal for certain projects, these may be shown as having a deficit of restricted fiJrKI8. Income All income is recognised once the charity has entitlement to the incom8, there is sufficient certainty or receipt and so it is probable that the income y11 be receiv&J, and the amount of income re¢eNable can te measured reliaLty. Specffic grants and seminar fees relatirKJ to fure accounting periods are deferred and recognised in those accounting periods. Income tax relunds are acc(Xrt for on an acaua18 basis. Interest on furKls held on deposit is inctuded upon notificatiM of the interest paKI or payable by the Bank. g) ExPendre Expenditure is COgniSed as soon as the related liabilty ts incurred arKI has been classified under headings that aggregate all costs relating to that ¢ategory. Liabilities are reMgnised as soon as there is a legal or COnstrtive oblyation commrtting the Charity to the expenditure. Employment beneffts. induding holKlay pay, are recognised in the period in which they are eamed. Termination benefits are recognised in the period in which the decision is made and communicated to the relevant ernOyee{s). Expendrture incurred in connectton Wlth the skEcific objects of the chaTty is included under the heading direct c*arrlable exFenditure togthr an apportionment of the general overheads
ISRAELI DANCE INSTrrLrrE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEPaBER 2024 (conL) of the charity. The aFVOrtionment is based on aciual time arKI costs charged by staff or service providers to various proje(Is as well as to the management and administration of the charity. Expenditu is allocated against re8trithd income on the basis of actual costs. Expenditu on ndraising and management aThJ administration is allocated against restricted fvnds on proportionate basis. Support costs represent indirect costs relating to ratsing funds and the Charity's charitable activitles. Support ¢08ts, including govemance costs. are allocated to activrtie8 on bases that repsent the Trustees, best estimate of actual use. Govemance costs comtKtse the costs of running the chanty, incI1ng strategic plannlng for its future development. independent examiners. remuneration. certain legal costs and all costs of complying with constituts'onal and statutory requirements, such as costs of Board meètings and of preparing the statutory accounts. In a¢cordance with the wovisions of SORP 2023, governance costs are now induded within tharrtable adivity cost8, along with support costs. h) Tanglble Flxed Assets and Deweclallon Tangible fixed assets are inrtially recogni8ed at cost. Items of fumiture, apparatus and equipment, and desk or laptop computers, costing 18ss than £1,(J)O a charged against income in the year of purchase. Assets with a c08t of £1,000 or more are capitalis8d and stated al cost less depreciation. Depreciation 18 provTrded at rates calculated to write off the cost le88 estimated residual value of each asset on a straight-line ba8is over its expected useful life as follows: Fumiture Computer equipment over four yearB over three years The carrying values of tangible fixed assets are revlewed for impaimient in accordance with the requirements of FRS102. Flnanclal In•truments Basic financial instruments transactions that result in the recognitson of financial asset8 and liabilities like trade and other accounts receivable a1 payable are accounted for on the followina ba$is'. Cash and cash equN81ents Cash and cash equivalents include cash in hand arKI deposits held at banks. Bank overdrafts, when applicable, are shown within current liabilities. Debtors and credito Debtors and creditors are measured at the transaction wice less any provision for impalment. Any losses arising from impairment are recognised as experKliture. 10-
ISRAELI DANCE INSTrruTE NOTES TO THE FINANCIAL STATEMEKTS FOR THE YEAR ENDED 31 DECEPaBER 2024 {conL) 2. TOTAL EXPENDITURE Administrative programme support costs have been allocated to the projects carried out by the Institute on a proportionate basis. and are set out before allocation in the tsble below and Note 3.. Staff costs & Other costs Total Other fees 2024 Dir8Ct charitable expendrture Fundraising Programme support costs (Note3) 37.207 1.939 6.266 92.011 129,218 260 2,199 4,387 10,653 45.412 96,658 142,070 Staff costs & other fee8.. 2024 Fees to teacher8 & out8tde consultants Staff salaries Penslons Social security costs 22,314 21.697 421 45,412 The average numb8r of employees was 1. There were no employees whose annual emolument8 wer8 £60,CKJo or more. 3. PROGRAMME GOVERNANCE & SUPPORTCOSTS Unrestricted Resth'cted Total Fund8 Funds 2024 2024 2024 Salaries & fees Travel & subsistence Postage, telephone & courier Prinling & Stationery Bank & eradit eard eharg•• Software & computer maintenance Office rent Other office expen8e8 Depreciation Independent Examinerfs fees 8,266 6,286 375 11 238 375 238 402 1,657 402 1.657 720 720 10,653 4. RELATED PARTY TRANSACTIONS The Trustees did not receive any remuneration for fjervices wovided to the charity as Trustees. A Trustee provrdes free accountancy seNices to th& tharty, but no financial value has been attributed to this. -11
ISRAELI DANCE INSTfniTE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 {conL) 5. DEBTORS 2024 Trade debtors Payments in Advance Children & youth programmes Summer Training Sundry 53 1,047 807 3,163 Trade debtors represent an HMRC Gift Aid daim and materials supplied to a 1rnary school. 6. CREDITORS 2024 Trade creditors and accruals Deferred incom8 Children & Youth programmes Summer Training Sundry 1.459 1,920 5,136 115 All trade creditors relate to unrestricted funds. 7. RESERVES The Israeli Dance Institute charity no. 279801 transferred its funds to the new Chairty no. 1206015 with effe from 1 It January 2024. PerfomTrrs Children & Limmud & & Youih Outreacn G Project Project Pr Summor Trainlng Project Totsl Total Restri Reserves Reserves Resetves brought forward from old chanty Incoming resources Donation income 919 1.512 2,431 9.455 11,886 19,539 47.895 70.472 40,247 110.719 other incor 3,735 22.938 29,333 11.933 41,266 Resources expended 125.060) {365) (11.888) {73.3) (110,703) (31,3671 (142.070) 5.857 15.879 (15.8791 Reserve tran$f&r 3.832 6.19) Balance carried fopaprd 2.965 21,801 12-
ISRAEU DANCE INSTITUTE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (conL) ANALYSIS OF NEr 8. LIABILITIES BETWEEN FUNDS Total Funds 2024 Funds Funds Fixed assets Current assets 15.848 14.583 30,431 Current liabilities within one year (1,459) {7.171) (8,630) 7.412 13-
INDEPENDENT EXAPAINER'S REPORT ON THE UNAUDITED ACCOUNTS TO THE TRUSTEES OF THE ISRAEU DANCE INSTrrLrrE I report the accwts of dwity for ts yw ended 31 DecwnLw 2024, lCh are aet wt pages 7 to 13. ande The chartty's trustees are responsible for the preparlon accounts. The chTty's trustees considerthat an alIt is not required for this year sedion 144(2) of Charities Act 2011 (the 2011 Act) and that an indeperthrt exam is I1•d. It is my responsibilty to: examine the aCts 8e(aw)n 145 ofthe 2011 A¢ follow the procedures laKI down in the r're¢tion8 by the Cornmi$8lon uTrJer sethn 145(5)(b) of the 2011 Act. and" State Ither particule rnatt•rs have como to my atten(. of de nd My examlnation was carried out in acc(Ydance wlth th6 g•n8ral Dlrections given by the Charity Commi88ion. An examlnatson a rth of the accounting record8 kept by the charlty and a comparison of th• accounts kYe•ented with thcwe record•. tt a180 ¢deS C$b8ration of any unu8ual items or dthure8 in ts accounts 8•ekMy exwanatlon• from you a8 trte88 conceming any matter8. wocedurns urNrtaken not provide all the evldence that woukl bt required in an audit and c¢)nsequently no opinion 18 glven 08 to whether accounts present 'true and fair vlew rep(xt 18 Ihnked to mattw8 8•t rArt In th• 8tatom•nt beltr. nde Ine Sgta Your attention is to dravffl to fact that the tharlty has prepwed the accounts (financial statements) In accordance 1th AccountirKJ arKI ReportirvJ by CharTti88.' Statement of Recommended Practice appllcable to charfties preparing tt)e•r accounts in accordance wlth ts Financial Reportlng Standard In the UK and Rawblic of Ireland (FRS102) in prefwence to the Accwnting and Reporting ty Charities." Statement of RecA>mmerthl Practice i8suéd on 1 Aw'l 2005 ¥thich is referred to In extant regulations Ixrt has since been vaththawn. We understand that thi8 ha8 been done in order for tho accwrrts to Ixovkle a true and faSr vl8w In accordance Vth the Generamy Acwted AntIr0 Prxfjc• effeth• for rePIng perfod8 beginniry on or after 1 January 2018. In connectlon my examinthn. apart from the matt•r ref•rr•J above, no rnaltar ha8 Gome to my attention: which givts me re&8onable cau to believe that in any material respect the requirement8.' to keep accounting record8 In a¢cordanc8 wfth 8OCtlon 130 of th• 2011 Aotr, •rKI lo wepare accounts which accord wilh the acmunting rec(th and compty the accountirvJ requlrements of the 1993 . have not been met; or to which, in my opinion. attertlon should be drawn in order to enable a proper the accounts to be rexhed. b) Davld Pollod( ACMA Pollod( A¢Unting 34 Sentinel Square London. NW4 2EL Dated: 21 FeUary 2025 14-