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2021-03-31-accounts

Company number 1402702 Charity number 277221

Dance Umbrella Limited

(Limited by Guarantee)

Report and Financial Statements

for the year ended 31 March 2021

Breckman & Company Ltd Chartered Certified Accountants 49 South Molton Street London W1K 5LH

Dance Umbrella Limited

(Limited by Guarantee)

Contents

Page
Reference and Administrative Details 1 - 2
Trustees' Report 3 - 12
Independent Examiner's Report 13
Statement of Financial Activities (including Income and Expenditure Account) 14 - 18
Balance Sheet 19
Cash Flow Statement 20
Notes to the Financial Statements 21 - 29

Dance Umbrella Limited

(Limited by Guarantee)

Reference and Administrative Details

Constitution

The charitable company is a private company limited by guarantee registered in EW - England and Wales, company number 1402702, incorporated under the Companies Act and its governing document is its Memorandum and Articles of Association. The company is a registered charity, number 277221.

Directors and trustees

The directors of the charitable company (Dance Umbrella Limited) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees.

As set out in the Articles of Association one third of the trustees shall retire from office at the Annual General Meeting. The trustees to retire in every year shall be those who have been longest in office. Retiring trustees may offer themselves for immediate re-election.

Policies and procedures adopted for the induction and training of trustees are ongoing and incorporated indirectly into the regular trustees meetings.

The trustees during the year and since the year end, were:

Vicki Amedume Rhiannon Bail appointed 15 September 2020 Peter Barker (Treasurer) Eva de Blocq van Kuffeler Clare Connor Chukwuzulum Elumogo appointed 15 September 2020 Tania Harrison Alexandra Mecklenburg appointed 15 September 2020 Matthew Parritt resigned 3 May 2021 Jacqueline Rose Manohari Saravanamuttu Jacob Ulrich (Chair)

Secretary

Zsuzsanna Posta

CEO & Artistic Director

Emma Gladstone resigned 31 March 2021 Freddie Opoku-Addaie appointed 1 March 2021 Executive Director Tania Wilmer appointed 27 April 2020

1

Dance Umbrella Limited

(Limited by Guarantee)

Reference and Administrative Details

Independent Examiners

Breckman & Company Ltd, Chartered Certified Accoutants, 49 South Molton Street, London W1K 5LH.

Bankers

Barclays Bank Plc, 27 Soho Square, London W1A 4WA.

Solicitors

Harbottle & Lewis, 7 Savoy Court, London WC2R 0EX.

Operation address

Somerset House, West Wing, Strand, London WC2R 1LA.

Registered office

7 Savoy Court, London WC2R 0EX.

2

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

The trustees present their annual report together with the financial statements of the charity for the year ended 31 March 2021 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.

The reference and administrative information on pages 1 and 2 form part of this report. The financial statements comply with Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association 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).

Principal Activity

The principal activity of the charity during the year continued to be the promotion of dance.

Objectives and activities for the Public Benefit

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)'

Vision & Mission

Dance Umbrella, London’s leading international dance festival, holds a unique place in the dance landscape of the UK. Our mission is to celebrate 21[st] century choreography through an annual international festival across the capital, year-round creative learning opportunities, and developing choreographic talent.

Founded in 1978, Dance Umbrella (DU) has been bringing outstanding dance to London for over 42 years, presenting more than 785 artists from 40 countries to over one million people. DU has commissioned over 85 new works and presented at 136 different venues ranging from Smithfield Market to the British Library, from canal long boats to Alexandra Palace Ice Rink, from car park rooftops to outer London parks.

In 2013, Emma Gladstone was appointed Artistic Director & Chief Executive, introducing an ambitious new artistic vision and a new dynamic profile. Her goal is to take dance out and bring audiences in:

DU meets the need for an independent catalyst that can look, think and move differently - one that can shine a new light on the art form, and can play on an international stage by seeking out the most creative ideas, partners and locations to create extraordinary art with exceptional artists and make it accessible and engaging to audiences.

Integral to all DU’s work is our goal to entice audiences, nurture artists, and stimulate interest in the power of the body in motion.

3

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

Review of Activities and Achievements

Dance Umbrella Festival 2020

2020 was an extraordinary year, and for the first time in Dance Umbrella’s (DU) history, the festival was cancelled due to the global COVID19 pandemic and an online digital festival took place instead. Over a one-week period, from 23 – 27 November 2020, global audiences had access to a unique digital programme of activities, from broadcast conversations with former DU artists, to live streamed events, playlists, articles, and special film screenings.

Despite the many challenges, 2020 was a journey of discovery and a valuable period of time to develop and test new ideas around presenting virtually. DU was able to make the decision early on in March 2020 to cancel the live festival and commit to paying 50% cancellation fees to artists who were already booked as DU pivoted to a digital format. DU Digital resulted in employment for over 40 independent creatives and set a benchmark for what our digital offer could look like in the future; particularly in how we present international artists, engage overseas audiences and platform conversations and idea exchange in a virtual space. While live performance remains at the heart of the festival, 2020 demonstrated the new possibilities around hybrid programming and engaging with a global audience in a wide range of digital formats.

DU Digital 2020

With the help of a digital production manager, we delivered the following online activities.

Continental Breakfast – An informal talk series about art and life from around the world at breakfast time on different continents. DU invited five artists based on different continents to select a fellow creative to have a conversation about where they are at now, both thinking back and looking forwards. Participating artists included Lucy Guerin (AUS) & Amrita Hepi (New Zealand), Gregory Maqoma (SA) & Alfred Enoch (UK), Abby Zbikowski & Bebe Miller (USA), Akram Khan & Nish Kumar (UK), Arundhathi Subramaniam & Alarmel Valli (IND).

Choreographer’s Cut – A behind the scenes look at how choreography is made; three choreographers, Oona Doherty (UK), Eun Me Ahn (South Korea), and Dimitris Papioannou (Greece) were invited into a discussion with DU Artistic Director, Emma Gladstone, to get under the skin of a recorded section of one of their works. Audiences heard first hand artists reflect and remember the decisions they made at the time, and the inspirations behind their choreographic decisions.

SystemsLab Panel – A welcomed return to the fascinating panel from DU19 at the Young Vic, the DU Digital edition – What has changed in 2020 on a personal, local and global level for women of colour in the arts? - was streamed live and curated by Anthea Lewis and Blulilli Projects (UK). The panel and participants considered how that conversation developed since 2019 in light of the current pandemic and recent public awakening to the need for racial justice.

4

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

Home Made - Three choreographers were invited to work with three separate groups (children/families, adults and older adults) to make their own choreographic creation over a five-day residency period. The final results were made into a short film which premiered in DU Digital on 26[th] November.

Studio Sessions - DU partnered with Dublin Dance Festival, Dance 4 and Middlesex University to create a triple bill of Studio Sessions presenting 12 UK-based artists from across three different regions. The 2020 edition worked with a new curatorial model where each partner selected an artist curator who then in turn selected four artists to present as part of the programme.

Articles - We commissioned three articles shared on our website by cultural writers and dance practitioners focussing on dance and the current situation.

Playlists - Artists who collaborated in our digital programme curated a six-track playlist of music that helped them through lock down. These were on Spotify and imbedded on the new DU website.

Friday Night Dance Party - The closing event of DU20, Jay Revlon from DU:19’s Big Pink Vogue Ball presented his LGBTQ community centred club night “Let’s have a kiki” in digital form. This was a fantastic party streamed live where party goers could kick back from the comfort of their own home with curated DJ’s and key figures from the ballroom community, voguing and turning a look or two.

5

Dance Umbrella stats 2020-21

25

54 freelancers employed

artists programmed for Dance Umbrella Digital festival, from 9 different countries across 5 continents

28,682

23 digital events/products across entire artistic programme

attendees/views across entire artistic programme 4 artists commissioned

70% of artistic programme was BSL interpreted or captioned

£51k

22 producing partners

put towards artistic commissions

Creative Learning programme

1,589 participants 42 sessions

15 different events

11 artists worked with to deliver programme

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

Other Artistic Activity

Creative Europe

DU was part of a successful Creative Europe bid with the Big Pulse Dance Alliance, a consortium of eleven European dance festivals. The consortium will commission and share work at a range of scales, focusing on commissioning mid-career artists to scale up their work, large scale outdoor participative performances, plus audience and professional development programmes over a four-year period. Since the funding was confirmed the festival partners have continued to meet and work on plans to adapt in a Covid-19 landscape. This project will enable a strong emphasis on international programming to continue and ensure the festival remains well connected as our national landscape shifts with the advent of Brexit. The first Big Pulse commission will be presented in the ‘22 DU festival.

Producer Farm/Digital Farm

The fifth annual Producer Farm took place online enabling 20 producers to take part in four talks with guest speakers, roundtables and Tool Box discussions curated and chaired by the four partners involved – Bristol Old Vic FERMENT, Fuel, Coombe Farm Studios and DU. This event took place via Zoom over four days in June.

Freelance Task Force

DU sponsored artist Ffion Campbell-Davies to take part over three-months in the Freelance Task Force initiative. Many working groups and research projects have come out of the scheme and we continue to explore how DU could best support future involvement and development of these initiatives, in particular groups working on diversity and inclusion and dance sector freelancers.

Reactivating Dance in London

Two industry roundtables for dance were developed and presented in June via Zoom and in partnership with the Mayor’s Office. The first discussion focussed on venues and locations from international, national and local perspectives. The second focussed on artists and creatives and how they were managing in the current climate and planning for the future. Both talks were chaired by DU’s Artistic Director.

Dance Open Space

Following on from the success of the Reactivating Dance in London talks that DU ran with GLA, DU hosted an Open Space talk event in partnership with Improbable and People Dancing. This was a sector wide digital event enabling people to come together to set their own agenda and ask questions around what needs to change in dance. Open Space is a democratic model of talk where participants set their own agendas and move between discussion groups throughout the span of the event. The aim of these events is to help further progress thinking on how the sector can evolve in order to cope with the challenges it is currently facing.

7

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

Creative Learning Programme

Home Made

As a part of the digital festival programme DU delivered its first online participatory choreographic residency. The residency consisted of three especially created groups including young people (8-14 years), adults, and adults 60+. Each group worked with a previous DU festival choreographer (Satchie Noro, Annie-B Parson and Kenrick Sandy) over the course of a week to explore choreographic approaches and tools to develop their own movement material. As a part of the project, we worked with filmmaker Monika Davies to create three short films documenting each of the Home Made weeks, which premiered as a part of DU Digital 20. The films include footage from the online sessions as well as self-captured footage that participants have taken in their homes.

41 participants took part in Home Made, from across 9 different countries. Participants provided the following feedback:

"My favourite part of the project was developing a one-week community with dancers from all over. The ritual of anticipating, meeting, getting to know one another."

"I had a lot of fun and really enjoyed every day. It gave me an exciting reason to wake up each morning of half term...especially in these covid times."

Marketing Activity

After 10 months of development DU launched a new website in November and it became the festival hub for DU Digital. Audiences could pre-register for events and using our new WooCommerce system we were able to take bookings for a film screening and create a donation ask within purchase pathway. We were also able to screen the restricted film content to registered users. Our three-tiered membership scheme was available to join on a paid monthly or yearly basis, we were able to sell DU Digital souvenir posters, and take quick donations via our website.

Our digital offer via the website included live streaming of festival events, broadcasting of pre-recorded content, the embedding of artists’ Spotify playlists and share commissioned articles via our blog.

Over the year we continued regular communications to our mailing list via our newsletters. Announcing details of the festival, launching bookings for pre-registered events and directing sales for our illustrated poster. We currently have 6,658 subscribers to our mailing list on Mailchimp.

Social Media

Social Media
2016 2017 2018 2019 Jan
2020		 Mar
2020		 Jun
2020		 Sept
2020		 Nov
2020
Facebook
followers		 5,500 6,224 6,719 7,040 7,633 7,673 7,911 8,058 8,327
Twitter
followers		 15,700 17,000 17,700 18,100 18200 18,299 18,352 18,378 18,500
Instagram
followers		 683 1,453 2,224 3,037 3,132 3,181 3,990 4,126 4,452
YouTube
subscribers		 42,402 41,772 41,772 41,200 41,218 41,099 41,000

8

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

During the festival month we used our social channels to keep our audiences updated with activity for our digital festival, sharing when new content had gone live, responding to feedback and interactions with our audience and tagging all festival artists in posts to encourage sharing via their networks.

Press

The Corner Shop PR led on the securing coverage for Dance Umbrella Digital which included a Guardian feature on Jay Revlon, a Financial Times feature with Annie-B Parson, Time Out’s One Unmissable Thing , Dance Tabs and Dance Direct interviews with Emma Gladstone in addition to numerous listings and mentions for the festival and Emma’s departure (announced in early ‘21).

Development Activity

The Trustees take their responsibility under the Charities (Protection and Social Investment) Act 2016 seriously and have considered the implications on their activities. The charity's fundraising is from both Trusts and Foundations and from individuals who interact with our work by attending performances and events. The charity does not work directly with commercial participators or professional fundraisers. The Trustees are not aware of any complaints made in respect of fundraising during the period.

Fundraising in the pandemic climate was a considerable challenge and the continued support of individuals and Trust & Foundations was vital over the course of 2020. In light of DU’s 83% drop in earned income with the cancellation of the festival, the emergency grants awarded by the Paul Hamlyn and Esmee Fairbairn Foundations meant that DU could weather the storm on a more stable footing and deliver a free to view digital festival. In addition, funders supporting creative learning projects that were planned to take place in 2020 were also commendably understanding and agreed that grants for Hounslow Leap (supported by Esmee Fairbairn Foundation) and Orbital tour wrap around activities for young people (supported by D’Oyly Carte Foundation) could be used in 2021 instead. Likewise, funds from the Cockayne Foundation for the two remaining Four by Four commissioned artists due to be presented in 2020 were re-allocated for 2021.

Individuals

A new membership scheme was launched in conjunction with DU’s new website to monetise on the opportunity the digital festival provided for online donations. The aim is to continue to develop this part of DU’s fundraising work, with regular engagement and events for members.

Finance

Despite the difficult operating circumstances that the pandemic created in 2020, DU was in a fortunate financial position that with its relative low overhead costs, drastic measures were not required as so many others in the cultural sector had to take in order to stay afloat during this crisis. As a recipient of ACE NPO funding and with the cancellation of the festival, DU was able to sustain its financial commitments to its landlord, Somerset House, and retain all employees at full pay. Pandemic specific emergency funding was awarded from long term supporters the Paul Hamlyn and Esmee Fairbairn Foundations, which helped bridge the 83% drop in earned income created by the cancellation of the festival. Further financial assistance was provided by Westminster Council in terms of a 10% discretionary business rate relief (£844) and 50% relief on Q3’s rent (£1,568) from Somerset House.

Overall 9% savings were made on office operating costs as all staff were working remotely from home throughout the year.

9

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

DU continued to perform well generating income from individual donations, although this was lower from 2019 figures as the Four by Four Commissioning Campaign came to an end.

We were also successful with our joint bid with eleven European festivals to secure multi-year funding from the EU through their Creative Europe programme. This initiative, under the Big Pulse Dance Alliance, will provide DU with funds of €156,412 over four years to invest in various pan European projects.

In terms of the numbers reported in these financial statements, ACE funding in 2020/21 was 73% of total turnover. This high proportion is not in line with previous years and a direct result of the pandemic due to the drastic drop in earned income. In 2020 earned income constituted only 4% of turnover, whereas the previous year it was 23%. Fundraised income was 5% lower from last year at 23% of turnover.

Overall expenditure was 41% down from 2019 figures, again a direct result of the pandemic.

Reserves

During the 2020/21 financial year we ended the year with a £72,539 surplus, which was a result of savings on overheads, programming a leaner digital festival, and the receipt of Creative Europe funding for future years.

This surplus increased our reserves to £217,262 (2019/20: £144,723), with £91,391 (2019/20: £54,666) being restricted funds for Creative Learning and Creative Europe projects in 2021. Unrestricted reserves totalled £125,871 (2019/20: £90,057), which is above our desired level of £75,000 to cover approximately three months of operating costs, and from these unrestricted reserves DU has designated £10,000 for the remaining Four by Four commissions in 2021. This designated fund is being expended as the commissions are created and performed at festivals. To maintain its levels of unrestricted reserves, within its overall fundraising profile, DU aims to secure more multi-year funding for core activities.

Organisation structure & Governance

Three new Trustees were appointed during 2020-21 taking the Board membership to 12. DU strives to ensure that the Board includes an appropriate spread of gender, ethnicity, age and physical ability. In order to achieve this, when seeking a new Board member with a particular skill, DU will recruit from as broad a base as possible in order to reach groups. It is intended that the Board represents as diverse a cross section of the community as is practicable.

After seven years at the helm, in January 2021 Emma Gladstone announced that she would step down as Artistic Director & CEO of Dance Umbrella at the end of March. Emma’s vision and achievements had firmly secured DU’s place in the national and international dance scene.

In March 2021, DU appointed a new Artistic Director & CEO, Freddie Opoku-Addaie. Freddie was Guest Programmer for the festival during a three-year initiative from 2016-2019. His Out of the System programme presented exhilarating work by dance practitioners from the UK and abroad. Under Freddie’s leadership DU will continue to celebrate the truly global nature of dance, London’s unique local dance communities, and committed to widening the centre for dance by welcoming emerging artists in and supporting mid-career and established artists to reach out to new audiences.

10

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

The core structure of the organisation remained the same, with two full time members of staff in the Programming Department and two part-time and one full-time members of staff in Administration. The development and marketing roles continued to operate as freelance positions. Our Creative Learning Producer post continued to be funded by Paul Hamlyn and Esmee Fairbairn Foundations, with further three-year funding from Esmee Fairbairn Foundation confirmed for 2021/22 to 2023/24.

The Board continued to meet four times a year. Trustees approve and monitor DU’s business plan, the main plank of DU’s funding agreement with ACE as a National Portfolio Organisation. The plan includes a risk register, also reviewed annually by Trustees, along with DU’s policies. Trustees have financial oversight, approving annual budgets and subsequently reviewing management accounts against approved budgets on a quarterly basis. Trustees also review and approve the audited accounts at the annual December AGM and ensure that DU is governed in accordance with Charity Commission rules and UK Company Law.

On an operational level, Trustees are appointed on to separate sub-committees in Finance and Trustee Nominations, to enable more detailed oversight and scrutiny. Sub-committees report back to the Board on a regular basis either at the quarterly Board meetings or more ad-hoc throughout the year via email communications. A Trustees annual skills audit is conducted for continued assessment of the skills, knowledge, and expertise represented in the organisation at a governance level.

Objectives for the coming year 2021/22:

As the Coronavirus/COVID-19 pandemic continued to take a toll, the success of the government’s vaccination drive has allowed for a gradual easing of restrictions and the re-opening of the UK economy, including the staging of live events.

With travel restrictions, social distancing, and Covid testing requirements still in place though for the foreseeable future; the planning of live activities with audiences and presenting artists from across the globe would require taking new levels of risk that was unimaginable prior to 2020. Therefore, DU’s objectives for the coming year have to be set within this new context.

Governance & Leadership – Manage the transition between two Artistic Directors and support the new AD & CEO to deliver his first DU festival. The organisation will continue to examine business models and partnerships to increase resilience and adaptability in the current climate. We continue to assess Trustee membership as we work towards achieving a diverse Board representative of our community and bridge the gap in skills and expertise previously identified. We will also host an away-day for Trustees to best utilise their skills and expertise for the benefit of the organisation. Additionally, we will seek to be leading voice for the sector at a time of unprecedented volatility. Utilising our unique position as neither venue nor artist to platform the concerns and needs of the dance ecology in London.

Artistic – On the back of a successful digital festival, plan and deliver DU’s first ever hybrid festival; expand our digital content creation capabilities while exploring different platforms to increase our engagement with global audiences; and continue to support artists as they navigate an on-going challenging climate.

Talent Development – We will deliver a COVID secure sixth edition of Producer Farm in June and the first Big Pulse Dance Alliance project, Winter Intensive, in December.

Creative Learning – With support from funder Esmee Fairbairn Foundation, we will deliver Hounslow Leap and start a new project in Croydon, the first of 9 over the next three years to take place in outer London Boroughs.

11

Dance Umbrella Limited

(Limited by Guarantee)

Trustees’ Report

Marketing – Expand DU’s digital platforms for delivering artistic content; continue to engage with our audiences with monthly newsletters and on social media; and utilise all our forms of digital communications to signpost to a global audience new content and opportunities for online participation.

Finance – Continue to review financial risks, improve and update processes and build reserves.

Development – We will continue to engage with donors, supporters and individual prospects to garner long-term support and generate multi-year funding grants from Trusts & Foundations, and pursue project specific funding for commissions, CLP activities, talent development and digital programming.

Secure continued ACE NPO funding for the 2022-23 extension year.

Organisational- continue to assess, monitor and manage the risks associated with presenting artistic events and working in a COVID environment; successfully renegotiate DU’s office lease at SH or secure

new comparable office space; continue to support staff in hybrid working; and organise in-depth training on diversity and environmental sustainability for all staff.

Small Company Exemptions

The report is prepared in accordance with the provisions of the Companies Act 2006 relating to small companies.

This report was approved by the board of trustees on 7 December 2021 and signed on its behalf by

jake ulrich

jake ulrich (Dec 9, 2021 13:56 GMT) Jacob Ulrich (Chair) Trustee

12

Independent Examiner's Report to the Trustees of Dance Umbrella Limited

I report on the accounts of the company for the year ended 31 March 2021, which are set out on pages 14 to 29.

Respective responsibilities of trustees and examiner

The Trustees (who are also the Directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

ꞏ examine the accounts under section 145 of the 2011 Act;

ꞏ follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

ꞏ state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

ꞏ to keep accounting records in accordance with section 386 of the Companies Act 2006; and

ꞏ to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Richard Nelson FCCA Breckman & Company Limited Chartered Certified Accountants

49 South Molton Street London W1K 5LH

7 December 2021

13

Dance Umbrella Limited

(Limited by Guarantee)

Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2021

Unrestricted
Restricted
funds
funds
Notes
£
£
Income and endowments from:
2
Donations and legacies - page 15
401,455
-
Charitable activities
Artistic activities - pages 15 - 16
16,440
76,344
Investments
89
-
Other - page 16
3
-
-
Total
417,984
76,344
Expenditure on:
Fundraising
-
-
Charitable activities:
Artistic activities - page 17
382,170
39,619
Total
382,170
39,619
Net income/(expenditure)
4
35,814
36,725
Reconciliation of funds:
Total funds brought forward
90,057
54,666
Total funds carried forward
14, 15
125,871
91,391		 2021
Unrestricted
Restricted
Total
funds
funds
£
£
£
401,455
401,424
-
92,784
168,014
158,847
89
520
-
-
7,497
-
494,328
577,455
158,847
-
2,975
-
421,789
577,676
148,651
421,789
580,651
148,651
72,539
)
(3,196
10,196
144,723
93,253
44,470
217,262
90,057
54,666		 2020
Total
£
401,424
326,861
520
7,497
736,302
2,975
726,327
729,302
7,000
137,723
144,723

The notes on pages 21 to 29 form an integral part of these financial statements.

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

14

Dance Umbrella Limited

(Limited by Guarantee)

Year ended 31 March 2021

Income from donations and legacies
Grants
Arts Council England - NPO funding
HMRC Job Retention Scheme funding
Paul Hamlyn Foundation - emergency funding
Esmee Fairbairn Foundation
Edwin Fox Foundation
Donations
Membership scheme
Gift Aid
Corporate donations
Individual donations
Four by Four Commissions Campaign
Income from charitable activities
Artistic activities
Production income
Box office/fees/merchandise
Management/consultancy fees
Workshops/LAP income
Festval partner contributions
Non-festival partner contributions
Partner contributions - talent development
Carried forward		 2021
£
358,505
2,512
13,000
-
-
1,607
3,715
-
7,496
14,620
940
500
-
15,000
-
-		 £
374,017
27,438
401,455
16,440		 2020
£
352,028
-
-
5,000
7,500
640
6,405
1,000
6,803
22,048
55,221
1,869
407
95,697
7,820
7,000		 £
364,528
36,896
401,424
168,014

15

Dance Umbrella Limited

(Limited by Guarantee)

Year ended 31 March 2021
2021
£
£
Income from charitable activities
Brought forward
16,440
Project specific funding
Government funding
Creative Europe/EU funding
42,344
ACW - Arts Council Wales
-
Croydon Council
-
British Council Chile
-
Institut Francais
-
42,344
Trusts and foundations
Esmee Fairbairn Foundation
30,000
The Thistle Trust
2,000
The Leche Trust
-
Cockayne Foundation
-
The D'Oyly Carte Charitable Trust
-
Research grants
2,000
34,000
92,784
Other income
Theatre tax relief (TTR)
-
-		 2020
£
-
5,000
56,669
5,084
11,665
55,000
-
2,500
15,000
3,000
4,929		 £
168,014
78,418
80,429
326,861
7,497
7,497

16

Dance Umbrella Limited

(Limited by Guarantee)

Year ended 31 March 2021

Expenditure on charitable activities
Artistic activities
Production/running costs
Salaries/pension costs
Artists' fees
Commissioning fees
Other fees
Festival cancellation fees
Social security costs
Technical costs
Talent development/research project costs
Studio sessions
Access costs
Artists' travel/subsistence
Publicity/digital media
Venue hire/costs
Insurance
Travel - research/staff
Creative learning/participation costs
Hounslow Leap
Salaries/pension costs
Social security costs
Support and governance costs - page 18		 2021
£
73,919
17,088
50,000
45,946
17,962
3,491
2,813
6,209
10,402
2,010
-
22,908
35
1,156
)
(102
253,837
2,379
20,601
1,306
24,286
143,666
421,789		 2020
£
82,862
168,016
20,000
65,414
-
7,334
36,136
21,725
7,480
2,760
65,383
37,540
3,500
2,309
8,034
528,493
28,083
23,540
1,850
53,473
144,361
726,327

17

Dance Umbrella Limited

(Limited by Guarantee)

Year ended 31 March 2021

Support and governance costs
Support costs
Office overheads
Rent/services/storage
Rates
Telephone/fax/mobile/alarm
Insurance
IT upgrades/maintenance/support
Repairs/renewals/maintenance
Building maintenance/cleaning
Depreciation of fixtures/fittings/equipment
Administration costs
Salaries/pension costs
Social security costs
Training/development/recruitment
Printing/postage/stationery
Subscriptions
Sundries
Professional/financial
Consultancy fees
Bank charges
Credit card charges
(Surplus)/deficit on foreign exchange
Governance costs
Legal/professional
Accountancy/consultancy		 2021
£
23,357
845
1,968
2,323
10,584
1,028
68
2,706
80,037
7,590
1,350
758
162
185
4,800
234
210
130
1,581
3,750		 £
42,879
90,082
5,374
5,331
143,666		 2020
£
25,249
1,663
3,253
3,246
9,671
1,078
929
2,026
75,069
5,457
242
2,293
987
1,045
6,522
570
357
)
(85
289
4,500		 £
47,115
85,093
7,364
4,789
144,361

18

Dance Umbrella Limited

(Limited by Guarantee)

Balance Sheet 31 March 2021

Notes
Fixed assets:
Tangible assets
9
Current assets:
Debtors
10
Cash at bank and in hand
Liabilities:
Creditors: amounts falling
due within one year
11
Net current assets
Total assets less current
liabilities
The funds of the charity
Unrestricted funds:
14
General funds
Designated funds
Restricted income funds
15
Total charity funds		 2021
£
7,021
220,695
227,716
)
(14,956		 £
4,502
212,760
217,262
110,871
15,000
125,871
91,391
217,262		 2020
£
71,678
113,822
185,500
)
(45,258		 £
4,481
140,242
144,723
75,057
15,000
90,057
54,666
144,723

For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

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

These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees on 7 December 2021 and signed on its behalf by

jake ulrich

jake ulrich (Dec 9, 2021 13:56 GMT)

Jacob Ulrich (Chair) Trustee

Peter Barker (Treasurer) Trustee

The notes on pages 21 to 29 form an integral part of these financial statements.

19

Dance Umbrella Limited

(Limited by Guarantee)

Cash Flow Statement for the year ended 31 March 2021

Notes
Cash flows from operating activities
19
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Net cash provided by investment activities
Change in cash at bank and in hand in the reporting period
Cash at bank and in hand at the beginning of the reporting
period
Cash at bank and in hand at the end of the reporting
period		 2021
£
109,511
89
)
(2,727
)
(2,638
106,873
113,822
220,695		 2020
£
)
(6,276
520
)
(2,512
)
(1,992
)
(8,268
122,090
113,822

20

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

1. Accounting policies

1.1. Basis of preparing the financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (issued October 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2. Incoming resources

All incoming resources are included in the Statement of Financial Activities when:

- Donations and legacies

Grants/donations are recognised in incoming resources in the year in which they are receivable, except as follows:

- Charitable activities

Artistic income - income from box office, performance fees and sundry other theatrical income is included in incoming resources in the period in which the relevant show takes place.

Project specific funding - when donors specify that donations and grants are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

- Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

21

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

1.3. Expenditure

All expenditure is included on an accruals basis inclusive of any VAT which cannot be recovered and is recognised when:

- Costs of raising funds

Costs incurred in attracting donations, and those incurred in trading activities that raise funds.

- Charitable activities

Artistic costs - costs incurred in the production and running of productions toured in the year, as well as costs incurred in creative learning and participation activities.

- Support costs

The administrative and overhead costs associated with running the office from which the company operates as well as governance costs. Support costs are wholly attributable to theatre production costs.

- Governance costs

Costs associated with the constitutional and statutory requirements of the charity.

1.4. Fund accounting

Funds held by the charity are either:

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

1.5. Tangible fixed assets and depreciation

Individual fixed assets costing £100 or more are capitalised at cost.

Depreciation is provided at annual rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures/fittings/equipment - 25% on cost

22

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

1.6. Debtors

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

1.7. Production costs in advance

Costs incurred in respect of a theatre production which opens in the following accounting period, and which are to be paid out of general unrestricted funds, are carried forward at the balance sheet date.

1.8. Cash at bank and in hand

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

1.9. Creditors and provisions

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

1.10. Pensions

The company operates a defined contribution scheme for the benefits of its employees. Contributions are recognised as expenditure when due.

1.11. Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated at the date of the transactions. All gains and losses on exchange are written off in the Income and Expenditure account.

1.12. Financial Instruments

The charity only 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.

1.13. Significant Accounting Estimates and Judgements

In determining the carrying amounts of certain assets and liabilities, the charity makes assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. The charity's estimates and assumptions are based on historical experience and expectation of future events and are reviewed annually.

2. Incoming resources

The total incoming resources for the year have been derived from the principal activity undertaken wholly in the UK.

23

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

3.
Other income
Theatre tax relief (TTR)
4.
Net income/(expenditure) for the year is
stated after charging:
Depreciation of tangible fixed assets
Deficit on foreign exchange
Independent examiner's remuneration
- independent examination
- other services
and after crediting:
Surplus on foreign exchange
5.
Trustees' emoluments and reimbursed expenses		 2021
£
-
2021
£
2,706
130
3,000
750
-		 2020
£
7,497
2020
£
2,026
-
3,750
750
85

The trustees received no remuneration during the year (2020 - £nil).

The aggregated amount reimbursed to trustees during the year was £nil (2020 - £nil).

24

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

6.
Staff costs and numbers
Staff costs
Salaries and wages
Social security costs
Pension costs		 2021
£
171,373
12,387
3,185
186,945		 2020
£
178,308
14,641
3,164
196,113

No employee earned £60,000 or more during the year (2020 - nil).

The key management personnel of the charity comprise the Trustees and the Senior Management Team. The total employee benefits of the key management personnel of the charity were £75,194 (2020 - £85,206).

Staff numbers

The average numbers of full-time equivalent employees (including casual and part time staff) during the year was made up as follows:


Support
Production		 2021
Number

3
3
6		 2020
Number
3
3
6

7. Pension costs

The company operates a defined contribution pension scheme. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £3,185 (2020 - £3,164).

8. Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

25

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

9.
Fixed assets - tangible assets
Cost
1 April 2020
Additions
31 March 2021
Depreciation
1 April 2020
Charge for year
31 March 2021
Net book values
31 March 2021
31 March 2020
10.
Debtors
Trade debtors
Other debtors
Production costs in advance
Prepayments and accrued income
11.
Creditors: amounts falling due
within one year
Trade creditors
Other taxation/social security
Other creditors
Accruals
Deferred income (note 12)		 Fixtures/
fittings/
equipment
£
33,748
2,727
36,475
29,267
2,706
31,973
4,502
4,481
2021
2020
£
£
49
32
6,558
22,947
-
46,767
414
1,932
7,021
71,678
2021
2020
£
£
5,323
2,728
-
5,706
-
6,578
9,633
15,246
-
15,000
14,956
45,258		 Fixtures/
fittings/
equipment
£
33,748
2,727
36,475
29,267
2,706
31,973
4,502
4,481
2021
2020
£
£
49
32
6,558
22,947
-
46,767
414
1,932
7,021
71,678
2021
2020
£
£
5,323
2,728
-
5,706
-
6,578
9,633
15,246
-
15,000
14,956
45,258
36,475
29,267
2,706
31,973
4,502
4,481
2020
£
32
22,947
46,767
1,932
71,678
2020
£
2,728
5,706
6,578
15,246
15,000
45,258

26

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

12. Deferred income

Deferred income
Balance at 1 April 2020
Amount released to incoming resources
Balance at 31 March 2021
Deferred income relates to theatrical income received in advance.		 £
15,000
)
(15,000
-

13. Limited by Guarantee

The private limited company is registered in EW - England & Wales, is limited by guarantee, and does not have a share capital. Each member gives a guarantee to contribute a sum, not exceeding £1, to the company should it be wound up. At 31 March 2021 there were 12 members.

14. Unrestricted funds

Unrestricted funds
Brought
Incoming
Outgoing
forward
resources resources
£
£
£
General fund
75,057
417,984
)
(382,170
Designated funds:
IT fund
5,000
-
-
Four by Four Commissions
10,000
-
-
90,057
417,984
)
(382,170		 Carried
forward
£
110,871
5,000
10,000
125,871

General fund

A quarter of Dance Umbrella's annual overhead and administration costs to allow for operations to continue for a period of three months if the organisation has to close.

IT fund

A fund to cover planned future IT expenditure.

Four by Four Commissions

Set up in 2018, a new commissioning project to celebrate Dance Umbrella's 40th Anniversary by supporting 'choreographers of the future' nominated by past DU artists.

27

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

15. Restricted funds

Restricted funds
Brought
Incoming
Outgoing
forward
resources
resources
£
£
£
Hounslow Leap
49,666
30,000
)
(33,619
Orbital Tour
3,000
-
-
Home Made
-
2,000
)
(2,000
Surf The Wave
2,000
2,000
)
(4,000
Big Pulse Dance Alliance
-
42,344
-
54,666
76,344
)
(39,619		 Carried
forward
£
46,047
3,000
-
-
42,344
91,391

Hounslow Leap

Creative Learning programme funded by Esmee Fairbairn Foundation to grow dance provision for children and young people in Hounslow.

Orbital Tour

A touring network with arts centres in outer London boroughs to deliver dance performances and activities for children and families.

Home Made

Support to fund online workshops.

Surf The Wave

Showcase legacy support to fund artists' research and site visits.

Big Pulse Dance Alliance

An alliance of 12 pan European dance festivals funded by The European Union's Creative Europe programme to support co-operation and the development of co-productions between festival partners.

28

Dance Umbrella Limited

(Limited by Guarantee)

Notes to the Financial Statements for the year ended 31 March 2021

16. Analysis of net assets between funds

General
Designated
Restricted
funds
funds
funds
£
£
£
Fund balances at 31 March 2021
are represented by:
Fixed assets
4,502
-
Net current assets
106,369
15,000
91,391
110,871
15,000
91,391		 Total
£
4,502
212,760
217,262

17. Financial commitments

At 31 March 2021 the company had total future commitments under non-cancellable operating leases as follows:

Due:
Within one year
Between one and five years		 2021
£
17,184
-
17,184		 2020
£
17,184
17,184
34,368

18. Related party transactions

There were no related party transactions during the year.

19. Reconciliation of net income/(expenditure) to net cashflow from operating activities

Net income for the reporting period
(as per the statement of financial
activities)
Depreciation and amortisation
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash inflow from operating activities		 2021
£
72,539
2,706
)
(89
64,657
)
(30,302
109,511		 2020
£
7,000
2,026
)
(520
)
(40,797
26,015
)
(6,276

29

Dance Umbrella 2021 accounts for signing

Final Audit Report

2021-12-09

Created: 2021-12-09 By: Richard Nelson (richardnelson@breckmanandcompany.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAY0o9rCjFeio9worUQUaWf48l5QffJSWH

"Dance Umbrella 2021 accounts for signing" History

Document created by Richard Nelson (richardnelson@breckmanandcompany.co.uk)

2021-12-09 - 12:53:31 PM GMT- IP address: 51.148.113.129

Document emailed to Peter Barker (pbarker@psauthority.org.uk) for signature

2021-12-09 - 12:56:23 PM GMT

Email viewed by Peter Barker (pbarker@psauthority.org.uk)

2021-12-09 - 1:09:55 PM GMT- IP address: 77.102.210.101

Document e-signed by Peter Barker (pbarker@psauthority.org.uk)

Signature Date: 2021-12-09 - 1:10:47 PM GMT - Time Source: server- IP address: 77.102.210.101

Document emailed to jake ulrich (jsulrich2@gmail.com) for signature

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Email viewed by jake ulrich (jsulrich2@gmail.com)

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Document e-signed by jake ulrich (jsulrich2@gmail.com)

Signature Date: 2021-12-09 - 1:56:01 PM GMT - Time Source: server- IP address: 81.98.184.153

Agreement completed.

2021-12-09 - 1:56:01 PM GMT