**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 30 September 2024 

for 

The Dalcroze Society Uk (Incorporated) 

Barnes Noble Ltd Unitec House 

2 Albert Place London N3 1QB 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## The Dalcroze Society Uk (Incorporated) 

## Contents of the Financial Statements for the Year Ended 30 September 2024 

|||Page|
|---|---|---|
|Report of the Trustees||3 to 9|
|Independent Examiner's Report||10|
|Statement of Financial Activities||11|
|Statement of Financial Position|12|to 13|
|Notes to the Financial Statements|14|<br>to 21|
|Detailed Statement of Financial Activities|22|to 23|



Page 2 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

Dalcroze UK's charitable objects are: 

- i. To promote the teaching, study, practice and knowledge of music generally and in particular according to the methods of Emile Jaques-Dalcroze commonly known as Dalcroze Eurhythmics. 

- ii. To support and assist in any lawful manner any school of music or institution whose objects are substantially similar to those of this Society and whose constitution prohibits the distribution of its profits or assets amongst its Members to an extent at least as great as is imposed on this Society by Clause 4 of its Memorandum of Association. 

## **Activities** 

## Discover Dalcroze Days 

- An entry point for many to Dalcroze, these are one-day introductory courses. Two happened in this year: " Bristol Beacon Music hub - given by Polly Orr-Wing 

- " Musicians of Change Masters (PGCi) course - given by Jacqueline Vann 

The charity also organised a Dalcroze Focus Day for Year 7s at the Shireland CBSO Academy, A carousel of activities was given to 150 students at this school with six Dalcroze teachers and two dance artists. Feedback was very positive with much sharing of best practices afterward in our regular Zoom Café. As a result, we have been developing ideas around school packages. 

A Dalcroze workshop was delivered in Stavanger, Norway for a Music teacher's Conference, and we made contact with Bristol Beacon, who asked us to look at their music curriculum. 

## Intensives 

The charity organised two intensives in the year 2023-24. 

The Royal Welsh College of Music and Drama in Cardiff hosted us for the summer and we were delighted to have Francoise Lombard as our International Guest Tutor, who teaches the three main branches of the Dalcroze work as well as being Co-Founder of Stareyes Music & Education. Professor Karin Greenhead, our Director of Studies, developed Dynamic Rehearsal, an application of Dalcroze principles to the rehearsal and performance of repertoire, solo and ensemble, and Andrew Davidson, Senior Lecturer in Acting and Musical Theatre at Guildford School of Acting (GSA), University of Surrey, led workshops, taking a playful, game-like approach that applies drama exercises to musical improvisation for the body, voice, and instruments. 

Page 3 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

We also welcomed Ruth Jones, a movement practitioner specialising in improvisation skills leading to solo, duet and group movement improvisations. Jacqueline Vann directed and chose 'Improvisation' as the theme for this year. The teachers included Françoise Lombard (Canada) alongside Karin Greenhead, Kaye Barker, Andrew Davidson, Ruth Jones, Alison Wise. We were able to run Licence exams at the Summer School. These included: (1)Conducting (2)Group Plastique (3) Rhythmics Teaching. The Plastique exams provided a good opportunity for participants to see this work and both pieces were very interesting and enjoyable. Feedback was very positive, with one participant saying; "Every session was a real treasure trove as was meeting the expert practitioners and other participants." 

Spring 2024 saw us at Royal Northern College of Music, Manchester. Owing to the building repairs going on in the new building we were able to use some of the best spaces in College: the Concert Hall and Carole Nash Recital Hall in addition to Studio 7. The use of these wonderful spaces and the superb pianos in them made the course a particularly enjoyable experience despite the necessarily long days. At the reception, our Chair, Kathryn Templeman (baroque violin), entertained everyone with a short recital, with Paul Weeren (harpsichord). This performance was also a very successful Licence exam. Teachers for the Spring Course included Diplômées Eugénia Arùs, Kaye Barker, Karin Greenhead; Licence candidates Mary Price-O'Connor (creative movement), Alison Wise (improvisation and Dalcroze Subjects) and Ruth Jones (movement technique and creative movement). Exams taken included (1) Licence Aural (2) Conducting (3) Solo Plastique (4) Aural Teaching. 

## Courses 

Professional Training Courses: training took place over eight weekends at the Royal Russell School, Croydon and weekly in Ealing. The Ealing classes are also attended by Dalcroze enthusiasts who are either already qualified or not intending to take exams. 

In the Foundation Group, three Croydon students and two Ealing students successfully completed exams in Summer 2024. The two Ealing students continued in Ealing. In Croydon, one came to the end of her funding, one took a year out but continued studying with a Licence student in Luxembourg and one continued to the Intermediate course in New Cross. 

Intermediate students: 10 students took exams, eight from the Croydon centre and two from Ealing. Of these, seven completed successfully, one took a year out and six signed up for the Professional Certificate Course, five in Croydon, one in Ealing. 

Licence students: as planned, the entire group of nine finished the year by taking their rhythmics exam. This was a great achievement especially since they had started their training in lockdown. 

Licence students (DEIEB). Members of this group also took exams in Croydon and at the Summer school in Cardiff. Alison Wise and David Buley completed their teaching exams. 

## Membership 

We continued to build our community, with 106 members. Members get access to a wide range of benefits, including 21 hours of free CPD through Zoom Cafe sessions run by experienced practitioners from across the world, and access to the archive of sessions covering voice, harmonic scheme, Early Years teaching, Playing Music with your whole body, and using Dalcroze Eurhythmics for drama teaching. Over the year, we played host to practitioners such as aetitia Dissiex-Berger, Diplôme Supérieur and Professor of Music Education. 

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**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## **Public benefit** 

The Trustees understand and have discussed the implications of the provisions of the Charities Act 2006, which requires all charities to be able to demonstrate that they are established for public benefit and have had due regard to the public benefit guidance issued by the Charity Commission. The Trustees believe that the charity meets both of the key principles. 

## - Principle 1 There must be an identifiable benefit, or benefits 

The primary benefit Dalcroze UK delivers is articulated in its charitable objects: to promote the teaching, study, practice and knowledge of music generally and in particular according to the methods of Emile JaquesDalcroze commonly known as Dalcroze Eurhythmics, and to support and assist in any lawful manner any school of music or institution whose objects are substantially similar to those of this Society. The primary way this benefit is delivered is via our participation and training programmes; ranging from first engagement through to the highest level of training accredited by Institut Jaques Dalcroze in Geneva. 

## - Principle 2 Benefit must be to the public, or a section of the public 

All our events and training are open to all, with varying degrees of knowledge required, ranging from no prior knowledge at all for first engagement to the need for a degree in music for the highest level of training. The heart of the Dalcroze method is that it is democratised: no instrument is required to learn music, as the human body is the instrument. The role of Dalcroze UK in promoting and sharing this method is crucial to widening access to music education for all. 

## **Grantmaking** 

The charity offers grants and bursaries to support its charitable objects. Bursaries are only available to individuals with a total household income below the national average, as published by ONS, (currently standing at £34,000), to ensure a fair and consistent process. Evidence of income may be required. Awards will be made based on the funding available. Employees and Trustees of the Society are not eligible to receive funding under this policy. Additional conditions apply to specific courses. The board may, at its discretion, award grants for other activity (e.g. to support attendance at a Dalcroze-themed conference (e.g., ICDS), to support Licence or Diplôme training etc.). 

## **FINANCIAL REVIEW** 

## **Results** 

The excess of expenditure over income for the year was £36,449 (2023 Loss (£33,083). 

## **Financial position** 

The outturn for the year is an unrestricted deficit of £1,939 (2023: deficit of £22,225), leaving a balance on Unrestricted Funds at 30 September 2024 of £29,861 (2023: £31,800). 

## **Investment policy and objectives** 

At the year end, the charity had £321,617 invested with M&G Investments UK, £294,736 in their Equities Investment Fund for Charities (Charifund) and £26,881 in their Charities Fixed Interest Fund (Charibond). The investment policy ensures that funds held in investments protect as far as possible the real value of those funds whilst also generating an income stream to support operational costs. M&G Charifund is a large, pooled investment fund which delivers on these requirements and their performance is reviewed annually. 

Page 6 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## **Reserves policy** 

The Trustees have reviewed the charity's need for reserves in line with the guidance issued by the Charity Commission. The Trustees aim to hold a level of Unrestricted Reserves that provides sufficient financial resources to meet the liabilities which would crystallise if Dalcroze UK were unable to continue operating . Their current estimate of the amount required for this purpose is approximately £20,000. 

They also aim to retain a further £25,000 of Unrestricted Reserves, to enable the charity to respond flexibly to any issues, one-off financial requirements or appropriate initiatives that might be identified outside of its annual budgeting process. The targeted level of reserves to be retained for the above purposes is therefore considered to be a of figure of £45,000. The charity's total Unrestricted Reserves shown in the Balance Sheet as at 30 September 2024 are £29,861 (2023: £31,800). Of these reserves, £0 were represented by Fixed Assets (2023: £483), leaving £29,861available as Unrestricted Free Reserves (2023: £31,317). This policy is reviewed by the Trustees on an annual basis as part of the charity's budgeting processes. 

## **FUTURE PLANS** 

The Trustees have ensured a thorough strategic review of the charity's mission and vision, and in 2024/25 the priorities are to maintain and enhance the quality of our programmes; maintain and build the Dalcroze community in the UK, and understand new development opportunities for Dalcroze Eurhythmics outside musical pedagogy. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

The Dalcroze UK Society was incorporated in 1915, and is a Charitable Company Limited by Guarantee without share capital and is governed by its Memorandum and Articles of Association, last updated in 2020. 

## **Charitable purpose** 

Dalcroze UK's charitable objects are: 

- i. To promote the teaching, study, practice, and knowledge of music generally and according to the methods of Emile Jaques-Dalcroze commonly known as Dalcroze Eurhythmics. 

- ii. To support and assist in any lawful manner any school of music or institution whose objects are substantially similar to those of this Society and whose constitution prohibits the distribution of its profits or assets amongst its members to an extent at least as great as is imposed on this Society by Clause 4 of its Memorandum of Association. 

Page 6 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## **Recruitment and appointment of new trustees** 

The charity must have a minimum of three trustees. Trustees serve for three year terms and may be reappointed at the Annual General Meeting (AGM). New trustees are recommended for appointment by Council to the AGM. New trustees may be appointed by the Council to fill a vacancy on Council in between AGMs but a Trustee so appointed shall hold office only until the next following AGM. In recommending individuals for appointment, the Trustees aim to ensure that the Council has the skills, knowledge and experience needed for the effective administration of the charity. New Trustees are inducted by the Chair of the Council and are provided with a range of resources to support their understanding of the charity's activities. 

## **Annual General Meetings** 

AGMs can happen in person or via videoconference. Each member of Dalcroze UK has one vote. Members participate in AGMs to appoint Trustees and ratify the charity's annual accounts. 

## **Management** 

Day-to-day operation of the charity is delegated to the Manager (to December 2024, to the Chief Executive Officer since December 2024) within the constraints of the annual budget set by the Trustees. 

## **Council meetings** 

The Council meets a minimum of three times per year face to face or via video conference. It also conducts some business via email. The agenda and written reports are prepared and circulated in advance of each meeting. The Trustees exercise their duties and responsibilities with appropriate care and diligence. 

## **Risk management** 

The Trustees of the charity regularly review the major governance, operational and financial risks which the charity faces as part of its annual business planning process and confirm that systems have been established to mitigate these risks. 

Dalcroze's risk management strategy comprises the establishment of systems and procedures to mitigate identified risks, such as a risk register and an annual review of the strategic risks the charity may face. 

At time of writing, the major perceived risks to Dalcroze UK are outlined below: 

- i. Trustee recruitment: the choice to focus on a strategic review has meant that recruitment has paused but plans are in place to attract new trustees to ensure quoracy 

- ii. Over-reliance on a limited pool of qualified teachers: efforts are being made to build the training pipeline. 

- iii. Cashflow: the choice by Council to invest in growth plans has led to a deficit - the longer range projections show a return to surplus from 25/26. 

- iv. Customer demand: it is recognised that the landscape for fee-based arts training is challenging and the strategic roadmap for 2025 onwards has a number of diversification opportunities to explore to rebuild the pipeline. 

The Trustees are satisfied that appropriate financial systems and controls are in place. The Trustees also manage the general financial risks by ensuring that prudent budgets are set for each financial year, that Council reviews management accounts quarterly showing the performance against budget, with corrective action taken to manage any unacceptable variances, and the annual review by the independent examiner. 

Page 9 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**Registered Company number** 00212851 (England and Wales) 

**Registered Charity number** 313317 

## **Registered office** 

Unitec House 2 Albert Place London N3 1QB 

## **Trustees** 

N Bottini Transformational Coach A Hope Musician Ms M Price-O'Connor Teacher K Templeman School Management Ms F J Weir Retired Accountant 

**Patron** - Annie Lennox 

**Chief Executive Officer** - Catherine Johns (from 1 December 2024) 

## **Independent Examiner** 

Barnes Noble Ltd Unitec House 2 Albert Place London N3 1QB 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

The trustees (who are also the directors of The Dalcroze Society Uk (Incorporated) for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company 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 charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Page 9 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

The Trustees are responsible for managing the business of the charity and may exercise all the powers of the charity unless restricted by the Charities Act or the constitution of the charity. The Trustees are responsible for the preparation of financial statements for each financial year which show a true and fair view of the state of affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparation of the financial statements the Trustees should follow best practice and: 

1. Select suitable accounting policies and apply them. 

2. Observe the methods and principles in the Charities SORP. 

3. Make judgements and estimates that are reasonable and prudent. 

4. State whether applicable accounting standards, comprising FRS 102, have been followed, subject to any material departures disclosed and explained in the financial statements. 

5. Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue on that basis. 

The Trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity, and enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information on the charity's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

## **DECLARATIONS** 

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005 by the Charities Commission England and Wales). 

Approved by order of the board of trustees on 10[th ] April 2025 and signed on its behalf by: 

.[K] .[a] .[t] .[h] .[r] .[y] .[n] .[T] .[e] .[m] ..[p] .[le] .[m] ..[a] .[n] ..[(A] .[p] ..[r   ] .[1] .[1] .[,] .[2] .[0] .[2] .[5] .[2] .[1] .[:2] .[0] ..[G] .[M] ..[T] .[+] .[2] .[)   ] ........................ K Templeman - Trustee 

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DALCROZE SOCIETY UK (INCORPORATED)
YEAR ENDED 30 SEPTEMBER 2024
TRUSTEES, REPORT
Inde
endent Examiner's Re
ort to the Trustees of
The Dalcroze Societ Uk
I ncor
orated
Independent examinerfs report to the trustses of The Dalcroze Society Uk (Incorporated) ('the
Company,)
report to th6 charity trustees on my examination of the accounts of the Company for the year ended
30 September 2024.
Responsibilitles and basls of report
As the charity's trustses of the Company (and also its d1￿CtOrS for the purposes of company law) you are
responsible for the preparatlon of the accounts in accordance with the requirements of the Companies Act
2006 {'the 2006 AGt'},
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent exarnination, I report in respect of my examination of your charitys
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In Garrying out my
examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the
2011 Act.
Independent exarninerfs ststement
I have completed my examination. I confinn that no matters have come to my attention in connection with the
examination giving me Gause to believe:
accounting Tecords were not kept in respect of the Company as required by Section 386 of the 2006
Act; or
the accounts do not accord with those reGords,' or
the accounts do not comply with the accounting requiTements of Section 396 of the 2006 Act 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; or
the accounts have not b￿n prepared in accordan￿ with the Methods and principles of the Statement
of Recommended Practice for accounting and reporting by charitie8 (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102)).
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 b6
reached.
CA
he Institute of Chartered Accountsnts in England and Wales
Barnes Noble Ltd
Unitec House
2 Albert Place
London
N3 1QB
Date: .. ii1.041,2025
Page 10

**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## The Dalcroze Society Uk (Incorporated) 

## Statement of Financial Activities 

for the Year Ended 30 September 2024 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>6,284<br>**Charitable activities**<br>Charitable activities<br>1,500<br>Investment income<br>2<br>-<br>Other income<br>2,478<br>**Total**<br>10,262<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Charitable activities<br>12,201<br>Net gains on investments<br>-<br>**NET INCOME/(EXPENDITURE)**<br>(1,939)<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>31,800<br>**TOTAL FUNDS CARRIED FORWARD**<br>29,861|Restricted<br>fund<br>£<br>(6)<br>99,034<br>17,907<br>18<br>116,953<br>169,563<br>18,100<br>(34,510)<br>353,866<br>319,356|30.9.24<br>Total<br>funds<br>£<br>6,278<br>100,534<br>17,907<br>2,496<br>127,215<br>181,764<br>18,100<br>(36,449)<br>385,666<br>349,217|30.9.23<br>Total<br>funds<br>£<br>10,160<br>69,832<br>17,263<br>2,550<br>99,805<br>144,943<br>12,055<br>(33,083)<br>418,749<br>385,666|
|---|---|---|---|



The notes form part of these financial statements 

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**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## The Dalcroze Society Uk (Incorporated) 

## Statement of Financial Position 

## 30 September 2024 

|Unrestricted<br>**FIXED ASSETS**<br>Notes<br>fund<br>£<br>Tangible assets<br>7<br>-<br>Investments<br>8<br>2,261<br>2,261<br>**CURRENT ASSETS**<br>Stocks<br>9<br>9,453<br>Debtors<br>10<br>8,655<br>Cash at bank<br>36,642<br>54,750<br>**CREDITORS**<br>Amounts falling due within one year<br>11<br>(27,150)<br>**NET CURRENT ASSETS**<br>27,600<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>29,861<br>**NET ASSETS**<br>29,861<br>**FUNDS**<br>12<br>Unrestricted funds<br>Restricted funds<br>**TOTAL FUNDS**|Restricted<br>fund<br>£<br>-<br>319,357<br>319,357<br>-<br>-<br>-<br>-<br>(1)<br>(1)<br>319,356<br>319,356|30.9.24<br>Total<br>funds<br>£<br>-<br>321,618<br>321,618<br>9,453<br>8,655<br>36,642<br>54,750<br>(27,151)<br>27,599<br>349,217<br>349,217<br>29,861<br>319,356<br>349,217|30.9.23<br>Total<br>funds<br>£<br>483<br>303,518<br>304,001<br>9,937<br>40,153<br>100,807<br>150,897<br>(69,232)<br>81,665<br>385,666<br>385,666<br>31,800<br>353,866<br>385,666|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024. 

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

The notes form part of these financial statements 

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**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 10[th ] April 2024 and were signed on its behalf by: 

## _Kathryn Templeman_ 

.[K] .[a] .[th] .[r] .[y] .[n] .[T] .[em] ..[p] .[le] .[m] .[a] .[n] .[(] .[Ap] .[r] .[1] .[1] .[, 2] .[0] .[2] .[5] .[2] .[1] .[:2] .[0] .[G] .[M] .[T] .[+] .[2)] ............. K Templeman - Trustee 

The notes form part of these financial statements 

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**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements for the Year Ended 30 September 2024 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Computer equipment - 25% on cost 

The charity capitalises assets in excess of £500 

Office equipment and computers are depreciated at 25% of cost annually. 

## **Stocks** 

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

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

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**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements - continued 

## **2. INVESTMENT INCOME** 

|**INVESTMENT INCOME**|||
|---|---|---|
||30.9.24|30.9.23|
||£|£|
|Investment income|17,907|17,263|



## **3. NET INCOME/(EXPENDITURE)** 

Net income/(expenditure) is stated after charging/(crediting): 

||30.9.24|30.9.23|
|---|---|---|
||£|£|
|Accountancy|2,100|2,080|
|Depreciation - owned assets|483|121|



## **4. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023. 

## **Trustees' expenses** 

The Charity paid trustee expenses amounting to £841 in 2024 and (£265: 2023) 

## **5. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|<br>Employees<br>No employees received emoluments in excess of £60,000.<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>**INCOME AND ENDOWMENTS FROM**<br>Unrestricted<br>funds<br>£<br>Donations and legacies<br>10,160<br>**Charitable activities**<br>Charitable activities<br>2,803<br>Investment income<br>-<br>Other income<br>2,529<br>**Total**<br>15,492|30.9.24<br> <br>2<br>Restricted<br>funds<br>£<br>-<br>67,029<br>17,263<br>21<br>84,313|30.9.23<br>2<br>Total<br>funds<br>£<br>10,160<br>69,832<br>17,263<br>2,550<br>99,805|
|---|---|---|



## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

Page 15 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements - continued 

|**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**||
|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|
|||fund||fund|funds|
|||£||£|£|
||**Charitable activities**|||||
||Charitable activities|37,717||107,226|144,943|
||Net gains on investments||-|12,055|12,055|
||**NET INCOME/(EXPENDITURE)**|(22,225)||(10,858)|(33,083)|
||**RECONCILIATION OF FUNDS**|||||
||Total funds brought forward|54,025||364,724|418,749|
||**TOTAL FUNDS CARRIED FORWARD**|31,800||353,866|385,666|
|**7.**|**TANGIBLE FIXED ASSETS**|||||
||||||Computer|
||||||equipment|
||||||£|
||**COST**|||||
||At 1 October 2023||||5,080|
||Disposals||||(5,080)|
||At 30 September 2024||||-|
||**DEPRECIATION**|||||
||At 1 October 2023||||4,597|
||Charge for year||||483|
||Eliminated on disposal||||(5,080)|
||At 30 September 2024||||-|
||**NET BOOK VALUE**|||||
||At 30 September 2024||||-|
||At 30 September 2023||||483|



Page 16 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

|Notes|to the Financial Statements-continued|||
|---|---|---|---|
|**8.**|**FIXED ASSET INVESTMENTS**|||
||||Unlisted|
||||investments|
||||£|
||**MARKET VALUE**|||
||At 1 October 2023||303,518|
||Revaluations||18,100|
||At 30 September 2024||321,618|
||**NET BOOK VALUE**|||
||At 30 September 2024||321,618|
||At 30 September 2023||303,518|
||There were no investment assets outside the UK.|||
||Cost or valuation at 30 September 2024 is represented by:|||
||||Unlisted|
||||investments|
||||£|
||Valuation in 2024||18,100|
||Cost||303,518|
||||321,618|
|**9.**|**STOCKS**|||
|||30.9.24|30.9.23|
|||£|£|
||Stocks|9,453|9,937|
|**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||30.9.24|30.9.23|
|||£|£|
||Trade debtors|4,786|15,111|
||Prepayments|3,869|25,042|
|||8,655|40,153|



Page 17 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

|Notes to the Financial Statements-continued<br>**11.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>Social security and other taxes<br>Other creditors<br>Deferred income<br>Net Wages<br>Accrued expenses<br>**12.**<br>**MOVEMENT IN FUNDS**<br>**Unrestricted funds**<br>At<br>1.10.23<br>£<br>**Restricted funds**<br>Restricted Funds<br>353,866<br>**TOTAL FUNDS**<br>385,666<br>Net movement in funds, included in the above are as follows:<br>Incoming<br>Resources<br>resources<br>expended<br>£<br>£<br>**Unrestricted funds**<br>General fund<br>10,262<br>(12,201)<br>**Restricted funds**<br>Restricted Funds<br>116,953<br>(169,563)<br>**TOTAL FUNDS**<br>127,215<br>(181,764)<br>General fund<br>31,800|30.9.24<br>30.9.23<br>£<br>£<br>4,788<br>1,737<br>388<br>384<br>1,941<br>1,496<br>9,825<br>63,515<br>3,238<br>-<br>6,971<br>2,100<br>27,151<br>69,232<br>Net<br>movement<br>At<br>in funds<br>30.9.24<br>£<br>£<br>(34,510)<br>319,356<br>(36,449)<br>349,217<br>Gains and<br>Movement<br>losses<br>in funds<br>£<br>£<br>-<br>(1,939)<br>18,100<br>(34,510)<br>18,100<br>(36,449)<br>(1,939)<br>29,861|
|---|---|



Page 18 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements - continued 

## **12. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|**Unrestricted funds**<br>**Restricted funds**<br>Restricted Funds<br>**TOTAL FUNDS**<br>Comparative net movement in funds, included<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Restricted Funds<br>**TOTAL FUNDS**<br>General fund|At<br>1.10.22<br>£<br>364,724<br>418,749<br>in the above are as follows:<br>Incoming<br>Resources<br>resources<br>expended<br>£<br>£<br>15,492<br>(37,717)<br>84,313<br>(107,226)<br>99,805<br>(144,943)<br>54,025|Net<br>movement<br>At<br>in funds<br>30.9.23<br>£<br>£<br>(10,858)<br>353,866<br>(33,083)<br>385,666<br>Gains and<br>Movement<br>losses<br>in funds<br>£<br>£<br>-<br>(22,225)<br>12,055<br>(10,858)<br>12,055<br>(33,083)<br>(22,225)<br>31,800|
|---|---|---|



Page 19 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements - continued **12. MOVEMENT IN FUNDS - continued** 

|**Unrestricted funds**<br>**Restricted funds**<br>General funds<br>Further Training Fund<br>Ingham Memorial Fund<br>Laura Campbell Fund<br>Jane Holmes Fund<br>**Total restricted funds**<br>**Total funds**|At 1.10.23<br>Incoming<br>resources<br>**£**<br>**£**<br>31,800<br>10,263<br>12,197<br>1,120<br>88,406<br>22,860<br>224,806<br>90,835<br>28,458<br>2,137<br>353,867<br>116,952<br>385,667<br>127,215|Resources<br>expended<br>**£**<br>(12,202)<br>-<br>(57,291)<br>(109,193)<br>(3,080)<br>(169,564)<br>(181,766)|Other<br>recognised<br>gains/(losses)<br>At 30.9.24<br>**£**<br>**£**<br> <br>-<br>29,861<br>1,079<br>14,396<br> <br>1,306<br>55,282<br> <br>14,157<br>220,605<br> <br>1,558<br>29,073<br> <br>18,100<br>319,356<br> <br>18,100<br>349,217|
|---|---|---|---|



|**Unrestricted funds**<br>**Restricted funds**<br>General funds<br>Further Training Fund<br>Ingham Memorial Fund<br>Laura Campbell Fund<br>Jane Holmes Fund<br>**Total restricted funds**<br>**Total funds**|At 1.10.22<br>Incoming<br>resources<br>**£**<br>**£**<br>54,025<br>15,492<br>10,754<br>864<br>101,396<br>6,716<br>226,592<br>75,309<br>25,983<br>1,424<br>364,725<br>84,313<br>418,750<br>99,805|Resources<br>expended<br>**£**<br>(37,717)<br>-<br>(20,586)<br>(86,639)<br>-<br>(107,225)<br>(144,942)|Other<br>recognised<br>gains/(losses)<br>At 30.9.23<br>**£**<br>**£**<br> <br>-<br>31,800<br>579<br>12,197<br> <br>881<br>88,407<br> <br>9,544<br>224,806<br>1,051<br>28,458<br> <br>12,055<br>353,868<br> <br>12,055<br>385,668|
|---|---|---|---|



The initial capital of the Further Training Fund was provided as follows: 

**Name** Thea Ney Bequest 

**£** 10,000 

Page 20 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

## Notes to the Financial Statements - continued 

## **12. MOVEMENT IN FUNDS - continued** 

|Ann Driver Fund<br>Jean Vincent Bequest<br>Priscilla Barclay<br>Desiree Martin Bequest<br>**Total**|2,000<br>5,000<br>500<br>3,000<br>**20,500**|
|---|---|



Laura Campbell left 40% of the residue of her estate to establish a fund in her name to further the professional musical work through assistance to students of a high level as pianists and potential improvisers committed to becoming Dalcroze Teachers. The Fund is being specifically applied to deliver the core Intensive Training Programme in accordance with these wishes. 

Jane Holmes donated her fund to support the setting up of children’s demonstration classes and members wishing to study for the Diplôme Supérieur in Geneva. 

## **13. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 30 September 2024. 

Page 21 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

Detailed Statement of Financial Activities for the Year Ended 30 September 2024 

|Detailed Statement of Financial Activities<br>for the Year Ended 30 September 2024|||
|---|---|---|
||30.9.24|30.9.23|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts|(2)|(1)|
|Donations|2,525|6,411|
|Subscriptions|3,755|3,750|
||6,278|10,160|
|**Investment income**|||
|Investment income|17,907|17,263|
|**Charitable activities**|||
|Intensive Training Course Fees|71,016|59,559|
|Summer School - Fees|15,313|-|
|Spring Course - Fees|5,560|5,380|
|Examination - Fees|5,845|2,075|
|Taster Days and workshops|1,300|509|
|Music Masters|1,500|1,500|
|Other income|-|809|
||100,534|69,832|
|**Other income**|||
|Sale of Books|2,352|2,341|
|Interest Income|144|209|
||2,496|2,550|
|**Total incoming resources**|127,215|99,805|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Insurance|2,085|2,463|
|Intensive Training Course|50,024|46,215|
|Summer School|32,967|3,533|
|Spring Course|7,594|10,473|
|Book sales - costs|2,260|1,820|
|Support staff costs|37,589|33,017|
|Other Practitioner Costs|7,946|9,284|
|Grants awarded|24,971|26,190|
|Taster Days and workshops|3,687|2,351|
|Carried forward|169,123|135,346|



This page does not form part of the statutory financial statements 

Page 22 



**DALCROZE SOCIETY UK (INCORPORATED) YEAR ENDED 30 SEPTEMBER 2024 TRUSTEES’ REPORT** 

|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 30 September 2024|||
||30.9.24|30.9.23|
||£|£|
|**Charitable activities**|||
|Brought forward|169,123|135,346|
|Music Masters|572|886|
|Website and software licences|2,284|2,178|
|Other costs|1,813|73|
|Subscriptions to Ass. Bodies|1,826|1,886|
|Office consumables|98|295|
|Trustee expenses|841|265|
|Advertising and Marketing|1,187|671|
|Depn of computer equipment|483|121|
||178,227|141,721|
|**Support costs**|||
|**Finance**|||
|Bank charges|1,437|1,142|
|**Governance costs**|||
|Independent Examiners Fees|2,100|2,080|
|Total resources expended|181,764|144,943|
|**Net expenditure before gains and losses**|(54,549)|(45,138)|
|**Realised recognised gains and losses**|||
|Realised gains/(losses) on fixed asset|||
|investments|18,100|12,055|
|**Net expenditure**|(36,449)|(33,083)|



This page does not form part of the statutory financial statements 

Page 23