## **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
Page 1
## **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.
Page 2
## **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:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- 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
- - 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
Page 3
## **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:
- (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
- (2) the accounts do not accord with those records; or
- (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**
Page 4
## **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**|
|---|---|---|
Page 5
## **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|
|---|---|
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.
Page 6
## **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.
Page 7
## **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|
|---|---|---|---|---|
Page 8
## **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|
|---|---|---|
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|
|---|---|---|