Theatre Dance Council International
Financial Statements
for the year ended 31st December 2022
Charity Number: 289965
Theatre Dance Council International Charity Information 31st December 2022
Charity Name: Theatre Dance Council International Charity Number: 289965 Charity Address: 41 Howey Lane Frodsham Cheshire WA6 6DD Telephone 01928 739166 Governing Document: The charity was set up under a constitution adopted on 2nd July 1984 as amended on 17th October 1990 and 25th April 2007.
General Secretary: Mr Christopher Booth
Trustees: Allied Dancing Association (A.D.A.) Representatives: Mr Christopher Booth (Treasurer) Mrs Kathleen Booth (President until 23/01/2023)) Associated Board of Dance (A.B.D.) Representatives: Miss Valerie Nurse Mr Lee Clark International Dance Teachers Association (I.D.T.A.) Representatives: Mrs Linda Kalis Mrs Barbara Underwood National Association of Teachers of Dancing (N.A.T.D.) Representatives: Miss Andrea Brunton Miss Natalie Hume Northern Counties Dance Teachers Association (N.C.D.T.A.) Representatives: Miss Gae Sowerby Miss Lilian Aubrey (Vice President from 23/01/2023) Scottish Dance Teachers Alliance (S.D.T.A.) Representatives: Mrs Jan Archer Mrs Nadine Judge United Teachers of Dance (U.T.D.) Representatives: Miss Paula Wood Miss Amanda Hanlon Non Trustees: British Association of Teachers of Dancing (B.A.T.D.) Representatives: Mrs Helen Flannagan (Vice President until 23/01/2023)) (President from 23/01/2023) Mrs Diana Freedman Bankers: NatWest plc Independent Examiner: P J Collins F.C.A. 34 Henrietta Street Collins & Co London Suite 13 Hattersley House WC2E 8NN 1 Hattersley Court Ormskirk L39 2AY
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Theatre Dance Council International
Annual Report for the year ended 31st December 2022
The trustees present their annual report and the financial statements for the year ended 31st December 2022.
Governing instrument
The charity was set up under a constitution adopted on 2nd July 1984 as amended on 17th October 1990 and 25th April 2007. The charity is registered with the Charity Commission under number 289965.
Objects and Public Benefit
The charity is set up to advance the education of children, young people and students in the art of dance and in particular stage dancing in ballet, tap and modern dance for the public benefit.
Results for the year
The results for the year are set out on page 4.
Review of the year
We are delighted to report that we were able to present ALL our events in 2022. These being the "Champion of Champions", the "British Championships, the "TDCI Scholarships", the "Carl Alan Awards", the "World Performer" and the "English Championships". Six prestigious events which were all amazing events for the TDCI.
A big thank you to all the Member Associations for sponsoring all our events throughout the year, this is so much appreciated. Also, to the delegates and volunteers that help at these events and for giving up your valuable time. It is you that all help to make these events so successful.
In addition to all these events, the TDCI also have responsibility for looking after the Regional Championships, the Competitor Registration Scheme, the Adjudicators Register, the Rule Book and the TDCI website. The first event in 2022 was the Champion of Champions and Bursary Awards followed by the British
Championships which had been missed for 2 years. An extra day followed by the National Scholarships made this a 9 day event !. The standard was fantastic as usual.
The Carl Alan Awards in October is another prestigious event with both Theatre and Freestyle awards being presented but it is a costly event for the TDCI to present, however, it is a showcase for us.
It was excellent for the TDCI to be able to present the World Performer again in 2022 at the fantastic Blackpool Opera House. We had 88 competitors competing in the final, with a fabulous opening ceremony choreographed by Linda. The winner received £1,000 plus a 3 year full scholarship to a prestigious London college. In November we presented the English Championships in Fleetwood. A successful event with four days of exceptional talent. We would, once again, like to thank our amazing associations and all our sponsors, without whom we could not present our events.
Future of the charity
We are looking forward to 2023 and are confident that the TDCI will prosper and continue it's success. The new President and Vice President took office on 23rd January 2023 and will ensure that the TDCI continues to move forward.
Reserves policy
The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on honorariums, event costs and other expenditure and receiving income from fees and subscriptions. The trustees have established a reserves policy for unrestricted reserves, whereby, in order to enable the charity to operate effectively they aim to have twelve months worth of expenditure in general fund reserves. The trustees therefore consider that the ideal level of reserves as at 31st December 2022 would be £120,000 (2021: £100,000). At 31/12/2022 the general reserves were £131,427 (2021: £129,446).
Risk assessment
The charity has reviewed and systems have been established to mitigate those major risks to which the charity is exposed. In particular with regard to Health and Safety and Safeguarding, suitable people have been identified to co-ordinate any potential matters that may arise at the events.
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Theatre Dance Council International Annual Report for the year ended 31st December 2022
Statement of Trustees Responsibilities
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity for that year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable Accounting Standards and Statements of Recommended Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the charity Mrs H Flannagan (President) 29th March 2023
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Theatre Dance Council International
Independent Examiner's Report to the Trustees of the Theatre Dance Council International
I report to the trustees on my examination of the accounts of the charity for the year ended 31st December 2022 which are set out on pages 4 to 8.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P J Collins F.C.A. Collins & Co Suite 13 Hattersley House 1 Hattersley Court Ormskirk L39 2AY
29th March 2023
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Theatre Dance Council International
Statement of Financial Activities for the year ended 31st December 2022
| Unrestricted Funds Note £ INCOME FROM: 2 107,743 3 2 TOTAL INCOME 107,745 EXPENDITURE ON: 4 105,764 TOTAL EXPENDITURE 105,764 1,981 Transfer between Funds 0 NET MOVEMENT IN FUNDS 1,981 Reconciliation of Funds: 129,446 131,427 Investment Income NET INCOME/(EXPENDITURE) Total funds brought forward at 1st January 2022 Total funds carried forward at 31st December 2022 Charitable Activities Income from Charitable Activities |
Restricted Funds £ 12,826 0 12,826 12,826 12,826 0 0 0 0 0 |
2022 2021 £ £ 120,569 89,310 2 0 120,571 89,310 118,590 82,101 118,590 82,101 1,981 7,209 0 0 1,981 7,209 129,446 122,237 131,427 129,446 TOTAL FUNDS |
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Theatre Dance Council International
Balance Sheet at 31st December 2022
| 2022 Note £ FIXED ASSETS Tangible fixed assets 6 5,135 CURRENT ASSETS Debtors 7 17,478 Bank Balances 8 145,928 Total current assets 163,406 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 9 37,114 NET CURRENT ASSETS/(LIABILITIES) 126,292 TOTAL NET ASSETS 131,427 THE FUNDS OF THE CHARITY 10 Unrestricted 131,427 Restricted 0 131,427 |
2021 £ 5,135 12,816 142,448 155,264 30,953 124,311 129,446 129,446 0 129,446 |
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Approved by the board of trustees on 29th March 2023 and signed on its behalf by:
……………………………………………………… ……………………………………………………… Mrs H Flannagan Mr C Booth
The notes on pages 6 to 8 form part of these accounts.
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2022
1 Accounting policies
The financial statements have been prepared in accordance with the applicable accounting standards and the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2015 FRS102). The financial statements have been prepared under the historical cost convention.
Funds
General funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity at the discretion of the trustees. Funds designated for a particular purpose by the charity are also unrestricted.
Restricted funds are funds received which are subject to specific conditions imposed by the donors. Transfers of funds are made to recognise the release of restricted funds or to meet expenditure not covered by restricted income.
The accounts include all transactions, assets and liabilities for which the charity is held responsible in law.
Income
Income from Charitable Activities
Income from chatitable activities is accounted for when receivable by the charity to the extent that the amount is expected to be received.
Income from investments
Interest is accounted for when received. Tax recoverable on such income is recognised in the same accounting year.
Expenditure
Charitable activities
This includes all costs relating to the activities of the charity and those activities that whilst are fundraising in nature, are also relating to the objects of the charity.
The management and administration of the charity is carried out by the trustees who delegate certain duties to the secretary. Maintenance of the accounting records is carried out by the treasurer.
Tangible Fixed Assets and depreciation
Fixtures, fittings and office equipment
The trophies and chain of office used within the charity are not depreciated as the charity operate a policy of replacing those assets on a like for like basis if the need for replacment arises. Such replacements with a purchase price of £1000 or less are written off when the asset is acquired.
Current Assets
Amounts owing to the charity at 31st December 2022 are shown as debtors less provision for amounts that may prove uncollectible.
Value Added Tax
The charity is not registered for VAT. Any tax that is paid on the supply of goods and services is charged with the appropriate expense to "Expenditure On".
Reserves Policy
The trustees intend to ensure that there are sufficent reserves to cover the running costs of the charity for a period of approximately 12 months at any one time.
Investment Policy
Much of the income of the charity is irregular and uncertain, hence the need to keep funds readily available, therefore the charity invests surplus funds in short term cash deposits with banks or building societies.
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2022
| Unrestricted Funds £ 2 Income from Charitable Activities Association Subscriptions 10,800 Championship Fees 14,292 Professional/Adjudicator Fees 1,750 Competitor Registration Fees 11,304 Sponsorship 0 Income from Events 69,597 107,743 3 Investment Income Interest - NatWest plc 2 2 4 Charitable Activities Honorarium 25,000 Telephone and Internet 500 Postage, Printing & Stationery 1,785 Championship Reg ID Cards 823 Hotel & Travel Expenses 1,981 Meeting Costs 129 Event Costs 67,313 2,100 Bursaries (8 (2021:0) Awards) 1,400 Scholarships (6 (2021: 0) Awards) 1,800 Website Costs 415 Insurance 953 Subscriptions 227 Accountant/Independent Examiner 1,260 Sundry Expenses 78 105,764 World Performer Prize Money (10 (2021: 0) Awards) |
Restricted Funds £ 2,400 0 0 0 10,426 0 12,826 0 0 0 0 0 0 0 0 12,826 0 0 0 0 0 0 0 0 12,826 |
TOTAL Unrestricted 2022 Funds £ £ 13,200 10,800 14,292 14,209 1,750 175 11,304 12,042 10,426 0 69,597 45,673 120,569 82,899 2 0 2 0 25,000 23,000 500 500 1,785 1,907 823 743 1,981 545 129 129 80,139 46,053 2,100 0 1,400 0 1,800 0 415 385 953 953 227 220 1,260 1,140 78 115 118,590 75,690 |
Restricted Funds £ 0 0 0 0 6,411 0 6,411 0 0 0 0 0 0 0 0 6,411 0 0 0 0 0 0 0 0 6,411 |
TOTAL 2021 £ 10,800 14,209 175 12,042 6,411 45,673 89,310 0 0 23,000 500 1,907 743 545 129 52,464 0 0 0 385 953 220 1,140 115 82,101 |
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2022
| 5 Office Costs Honorariums |
2022 £ 25,000 25,000 |
2021 £ 23,000 23,000 |
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During the year the charity employed no staff, no honorariums (2021: Nil) were paid in excess of £60,000 p.a. The trustees received £Nil remuneration (2021: £Nil) during the year. The general secretary/treasurer/event organiser was reimbursed expenses of £122 (2021: £484), the president £1,468 (2021: £61) and the vice president £Nil (2021: £Nil) for the year. Representatives of the trustees received £2,700 (2021: £300) in respect of fees for services at the events and a £25,000 (2021: £23,000) honorarium as general secretary/treasurer/event organiser. The Trustees also paid to the charity £10,800 (2021: £10,800) in respect of membership subscriptions. There were no other discloseable transactions in respect of trustees, persons closely connected with them or other related parties.
6 Tangible Fixed Assets
The charity operates from the general secretary's/treasurer's home at no cost to the charity.
The charity also has use of office equipment and assets owned by the trustees at no cost to the charity.
| Cost/Valuation Trophies Chain of Office 7 Debtors Amounts due to the charity Prepayments 8 Bank Balances NatWest plc - current a/c NatWest plc - business reserve a/c 9 Liabilities: Amounts falling due within one year Creditors for Goods and Services Accruals and Deferred Income 10 Fund Balances 2021 Income Expenditure £ £ £ General Funds 129,446 107,745 105,764 Restricted Funds 0 12,826 12,826 (Sponsorship for events and medals) 129,446 120,571 118,590 |
2022 £ 4,825 310 5,135 2022 £ 0 17,478 17,478 2022 £ 144,798 1,130 145,928 2022 £ 4,432 32,682 37,114 Transfers £ 0 0 0 |
2021 £ 4,825 310 5,135 2021 £ 0 12,816 12,816 2021 £ 141,320 1,128 142,448 2021 £ 3,388 27,565 30,953 2022 £ 131,427 0 131,427 |
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