Theatre Dance Council International
Financial Statements
for the year ended 31st December 2023
Charity Number: 289965
Theatre Dance Council International Charity Information 31st December 2023
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 (General Secretary & 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 2023
The trustees present their annual report and the financial statements for the year ended 31st December 2023.
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
All TDCI events have proved to be very successful with numbers increasing since the pandemic. The British Championships in late July were a showcase bursting with talent, the TDCI are very proud of this prestigious event and we would like to thank the IDTA for their continued sponsorship.
The British was immediately followed by the TDCI Scholarships - a beautiful day for both the candidates and the audience. A special thank you to our main sponsor SDTA and also the NATD for their sponsorship of the trophies. The Carl Alan Awards Ceremony was the highlight of the year. This is always an amazing evening with awards being presented to both the Theatre and Freestyle branches. This year we saw the introduction of four "Special Recognition Awards" for Industry Professionals in Theatre and Freestyle, a very welcome addition. We would also like to thank member Associations for their generous advertising and support at this wonderful showcase event.
The English Championships were held in November at the Marine Hall, Fleetwood, over a period of four days. The talent was exceptional ! Thank you to the Allied Dancing Association for their sponsorship. Again in November we had the World Performer, which was held in the Opera House, Blackpool. This is a fantastic venue and a great experience for the dancers. The BATD kindly sponsored this incredible event and also all the sashes for the winners of the heats. Linda Cook choreographed and taught the opening number which was amazing ! The winners of this event also won a three year scholarship given by Betty Laine for Laines College. We would,once again, like to thank our member Associations for their generous sponsorship. Without their support the TDCI could not hold these very successful events. A special thank you is also due to our delegates for stepping up and assisting, this is very greatly appreciated.
Future of the charity
We are looking forward to 2024 and are confident that the TDCI will prosper and continue it's success. The President and Vice President 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 2023 would be £130,000 (2022: £120,000). At 31/12/2023 the general reserves were £135,874 (2022: £131,427).
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 2023
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) 27th March 2024
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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 2023 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
27th March 2024
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Theatre Dance Council International
Statement of Financial Activities for the year ended 31st December 2023
| Unrestricted Funds Note £ INCOME FROM: 2 125,893 3 14 TOTAL INCOME 125,907 EXPENDITURE ON: 4 121,460 TOTAL EXPENDITURE 121,460 4,447 Transfer between Funds 0 NET MOVEMENT IN FUNDS 4,447 Reconciliation of Funds: 131,427 135,874 Investment Income NET INCOME/(EXPENDITURE) Total funds brought forward at 1st January 2023 Total funds carried forward at 31st December 2023 Charitable Activities Income from Charitable Activities |
Restricted Funds £ 9,652 0 9,652 9,652 9,652 0 0 0 0 0 |
2023 2022 £ £ 135,545 120,569 14 2 135,559 120,571 131,112 118,590 131,112 118,590 4,447 1,981 0 0 4,447 1,981 131,427 129,446 135,874 131,427 TOTAL FUNDS |
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Theatre Dance Council International
Balance Sheet at 31st December 2023
| 2023 Note £ FIXED ASSETS Tangible fixed assets 6 5,135 CURRENT ASSETS Debtors 7 14,538 Bank Balances 8 155,486 Total current assets 170,024 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 9 39,285 NET CURRENT ASSETS/(LIABILITIES) 130,739 TOTAL NET ASSETS 135,874 THE FUNDS OF THE CHARITY 10 Unrestricted 135,874 Restricted 0 135,874 |
2022 £ 5,135 17,478 145,928 163,406 37,114 126,292 131,427 131,427 0 131,427 |
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Approved by the board of trustees on 27th March 2024 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 2023
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 2023 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 2023
| Unrestricted Funds £ 2 Income from Charitable Activities Association Subscriptions 10,800 Championship Fees 23,067 Professional/Adjudicator Fees 1,950 Competitor Registration Fees 13,112 Sponsorship 0 Income from Events 76,964 125,893 3 Investment Income Interest - NatWest plc 14 14 4 Charitable Activities Honorarium 27,000 Telephone and Internet 500 Postage, Printing & Stationery 1,105 Championship Reg ID Cards 1,641 Hotel & Travel Expenses 1,993 Meeting Costs 692 Event Costs 81,949 2,100 Bursaries (8 (2022:8) Awards) 1,050 Scholarships (6 (2022: 6) Awards) 0 Website Costs 430 Insurance 999 Subscriptions 234 Accountant/Independent Examiner 1,380 Sundry Expenses 387 121,460 World Performer Prize Money (10 (2022: 10) Awards) |
Restricted Funds £ 2,400 0 0 0 7,252 0 9,652 0 0 0 0 0 0 0 0 7,852 0 0 1,800 0 0 0 0 0 9,652 |
TOTAL Unrestricted 2023 Funds £ £ 13,200 10,800 23,067 14,292 1,950 1,750 13,112 11,304 7,252 0 76,964 69,597 135,545 107,743 14 2 14 2 27,000 25,000 500 500 1,105 1,785 1,641 823 1,993 1,981 692 129 89,801 69,113 2,100 2,100 1,050 1,400 1,800 0 430 415 999 953 234 227 1,380 1,260 387 78 131,112 105,764 |
Restricted Funds £ 2,400 0 0 0 10,426 0 12,826 0 0 0 0 0 0 0 0 11,026 0 0 1,800 0 0 0 0 0 12,826 |
TOTAL 2022 £ 13,200 14,292 1,750 11,304 10,426 69,597 120,569 2 2 25,000 500 1,785 823 1,981 129 80,139 2,100 1,400 1,800 415 953 227 1,260 78 118,590 |
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2023
| 5 Office Costs Honorariums |
2023 £ 27,000 27,000 |
2022 £ 25,000 25,000 |
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During the year the charity employed no staff, no honorariums (2022: Nil) were paid in excess of £60,000 p.a. The trustees received £Nil remuneration (2022: £Nil) during the year. The general secretary/treasurer/event organiser was reimbursed expenses of £816 (2022: £122), the president £1,177 (2022: £1,468) and the vice president £Nil (2022: £Nil) for the year. Representatives of the trustees received £1,600 (2022: £2,700) in respect of fees for services at the events and a £27,000 (2022: £25,000) honorarium as general secretary/treasurer/event organiser. The Trustees also paid to the charity £13,200 (2022: £13,200) 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 2022 Income Expenditure £ £ £ General Funds 131,427 125,907 121,460 Restricted Funds 0 9,652 9,652 (Sponsorship for events and medals) 131,427 135,559 131,112 |
2023 £ 4,825 310 5,135 2023 £ 1,650 12,888 14,538 2023 £ 154,342 1,144 155,486 2023 £ 5,395 33,890 39,285 Transfers £ 0 0 0 |
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 2023 £ 135,874 0 135,874 |
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