OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

MOTIONHOUSE

REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Registered No: 02515820

Charity No: 328693

MOTIONHOUSE

CONTENTS
Page
Chair’s Statement 1
Report of the Trustees 2
Independent Auditor’s Report 23
Statement of Financial Activities 26
Balance Sheet 27
Statement of Cash Flows 28
Notes to the financial statements 29

MOTIONHOUSE

CHAIR’S STATEMENT year ended 31 March 2024

In this report, we are reflecting on another successful year for Motionhouse and celebrating our total audience for the year, which was 121,560 – an increase of over 18% on 2022/23 – and proof that there is growing demand and excitement for live dance performance from all ages and communities.

My personal highlight of the year was the extraordinary outdoor spectacle created by Kevin Finnan for The National Lottery’s Big Eurovision Welcome event in Liverpool in May 2023. Kevin was invited to be Artistic Director of the entire televised event, watched live on the night by 25,000 audience members who had applied for free tickets, and Motionhouse dancers performed some memorable aerial displays throughout. I was in the crowd, looking up in the sky at our dancers who were suspended from a crane and a giant globe, marvelling at not only how they manage to dance in the air, but also watching the reactions of the audience around me. The atmosphere that evening was already very special, and having Motionhouse as the “anchor” took it to another level.

Even more extraordinary is that this unique opportunity for Motionhouse was developed with relatively short notice and, due to our innovation and determination, we were able to accommodate this within the existing programme and commitments. This was only possible because of the flexible model developed by Louise Richards, Executive Director, and the fact that we employ dancers on permanent year-round contracts, which is unusual in our sector.

The financial picture for the next few years continues to present significant challenges, with standstill funding affecting both ourselves and our partner promoters and investment required to maintain our dancer numbers, which are crucial for us to be able to deliver our programme. However, we are determined to find ways to achieve our plans for the creation of future works, and to ensure that we continue our commitment to our overall programme and development.

Education, training and community participation continue to be key elements of Motionhouse’s approach, offering opportunities in schools and communities across Warwickshire, the West Midlands and beyond. Our Care to Dance? project, taking professional dance performance and movement workshops into local care homes, is an example of our work to enrich the lives of people in our community.

Our commitment to supporting the diversity of the dance sector and encouraging people from all backgrounds to take part in dance and the arts remains a priority across all our activity. Introducing young children and families to dance performance is an important part of this, exemplified by our first ever Christmas production, Starchitects Save Santa! which reached 7,093 people from a wide range of backgrounds, including 43 primary school groups over a 6-week run at Midlands Arts Centre, Birmingham, during the festive period. For many of these children, seeing Starchitects Save Santa! was their first ever trip to the theatre.

Thank you to Arts Council England and Warwick District Council for their continued support, and to Birmingham Hippodrome and Octagon Yeovil where we are an Associate Company. Thank you also to the trusts and foundations, and individuals, who support us.

In my final year as Chair, I would like to thank all of the dancers and management team for their continued hard work and resilience, and I thank my Trustee colleagues for their time and commitment to support the work of Motionhouse.

Despite all the current financial challenges in the cultural sector, we will always be looking forwards to create groundbreaking work, inspiring our audiences and participants alike as we continue to push boundaries with our creative and uplifting performances and engagement.

Simon Wales Chair

Page 1

MOTIONHOUSE

REPORT OF THE TRUSTEES year ended 31 March 2024

The Board of Directors, who are also Trustees for the purposes of charity law, are pleased to present their report and financial statements for the year ended 31 March 2024.

Public Benefit

Motionhouse is one of the UK's most creative and exciting dance companies. We engage with our audiences through dance performances that are acclaimed for their striking use of imagery and theatricality. Underpinning the work is a long-standing and continuing intention to balance a commitment to artistic adventure with the desire always to be exciting, appealing and stimulating to the broadest audience. Access to Motionhouse’s performances is an important issue for us. Regular evaluation of our activities ensures that a wide range of people are able to benefit from our work, including: young and older people; low-income families; people from different cultures and ethnic minority backgrounds; people who are disabled or neurodivergent; and people from the LGBTQIA+ community.

With the support of our major funders, Arts Council England, local authorities and commissioners, Motionhouse presents world class performances throughout the United Kingdom in middle and large scale venues. Through our festival work and through larger scale spectacles, high quality dance is placed in the public arena enabling mass access to our performance work. The middle scale and festival productions also tour internationally, complementing and supporting UK performances.

The Trustees are committed to ensuring that cost should not prohibit access to Motionhouse performances. Tickets for performances across the UK are at a variety of prices, including a range of concessions and special offers. Motionhouse's festival repertoire takes dance into the community at no cost to audiences and allows dance to be seen in new and unusual settings. Motionhouse gives free public access to information and resources through its website and publications.

Motionhouse performances are supported by an extensive education and community programme. Through participatory projects group members are taught, excited and challenged. They learn new skills, create their own dance material and may go on to perform and share their work.

The Trustees have paid due regard to the Charity Commission's guidance on public benefit (including guidance on fee charging) when considering its charitable objects and aims and in deciding what activities the charity should undertake.

Page 2

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Activity

Introduction

In a year when our sector continued to be impacted by inflationary pressures and standstill funding, and after a challenging start, 2023/24 ended very successfully for us.

We started the year with a budgeted deficit of £26,247 but thanks to our dynamic and proactive response to some significant high-profile year-specific opportunities, combined with the careful management of our resources, we ended the year with a surplus of £63,568.

Our strong financial performance in the face of the underlying challenges saw us building on new creative and commercial avenues whose foundations were laid in the previous financial year. We pushed our activities beyond our established indoor and outdoor touring markets, using our ever-growing profile to generate new opportunities and income, including the creation of a large-scale outdoor spectacle to open the Eurovision celebrations in Liverpool, appearances on national television, the culmination of our partnership with Bluestone Wales, and our first ever Christmas show for a 6-week residency at Midlands Arts Centre in Birmingham.

Throughout the year, we celebrated our 35[th] anniversary with a series of blogs underlining our ethos and achievements over the past three and a half decades.

But 2023/24’s successes do not mean that we do not face challenges ahead.

Although we continue to secure large amounts of touring, thanks to the popularity of our work with both bookers and audiences, we are still operating in the context of increasing costs and stagnating sector resources. In 2023/24 we made the most of exceptional opportunities to generate income through major one-off events such as The National Lottery’s Big Eurovision Welcome, enabling us to lever £90,000 more than expected in income, but these events, by their very nature, are not predicable and cannot be relied upon moving forwards. It is important to note that without this additional activity the financial out-turn would have been significantly reduced. Although the end result demonstrates how opportunistic, dynamic and resilient we are, we must continue to seek new opportunities for income and fundraising. Therefore, this year’s financial out-turn should not be seen as reliable or typical as the arts sector continues to operate under ongoing financial constraints.

Theatre touring

Nobody: a third year of touring for this exceptional production

Our hugely successful mainstage production, Nobody, continued to tour during 2023/24. Having been performed 60 times at 30 venues in 2021/22 and 2022/23, as projected, in its third year of touring, the number of remaining venues on our circuit started to decrease this year. This is in line with the usual touring cycle of our theatre productions. Nevertheless, the tour saw us perform at two theatres that we had never visited before (Exeter Northcott Theatre and Edinburgh Festival Theatre, the show’s Scottish premiere), expanding our touring circuit, as well as two theatres that we had not performed at for many years (Lichfield Garrick Theatre and Blackpool Grand Theatre). These examples also reflect the geographical range of our touring. We achieved an average of more than 60% of tickets sold in the two new venues we performed at, demonstrating the appeal of our work to attract new audiences to dance.

This, combined with our distinctive combination of dance-circus, remarkable sets, digital projections and evocative sound scores, drew large and diverse audiences, both those new to dance (families, young people, non-theatre goers) as well as dance fans, with consistently positive audience reactions and feedback across the venues we visited.

Page 3

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

“Just wanted to say a massive thank you! I took my daughter (11yrs) to watch the dance-circus show at the Northcott theatre last night. We were both mesmerised and inspired by the show. It was one of those shows that reminds you how important 'the Arts' are in life. My daughter has been struggling at school with her dyslexia recently and her sport and dance have been her saving grace. I booked tickets for her to allow her to forget her stress at school and to realise there is more to life and your show did just that. THANK YOU!” Audience member, Exeter Northcott

“Beautifully put together and a stunning performance, my partner and I were hooked and cannot wait to see the company perform again. Thank you and for a wonderful work of art.” Audience member, Lichfield Garrick

“Tonight’s performance by @MotionhouseDT was one of the most incredible things I’ve ever seen in 25 years of going to @HallforCornwall - I can’t think of a more inspiring show to have taken my dance student daughter to. Stunning.” Audience member, Hall for Cornwall

“Motionhouse put on sensational display of right-on-theedge dance last night at Hall for Cornwall. Incredible athleticism, skill, trust - and also show design. Highly recommend next time they are in the county, or wherever you might catch them.” Audience member, Hall for Cornwall

A jaw-dropping moment from the second act of Nobody. Image Dan Tucker

“I just arrived back home from this performance. I was blown away by it! The second half moved me to tears. It was my first (and definitely not my last) Motionhouse experience. Just gorgeous. Bravo to all involved.” Audience member, Lichfield Garrick

“I’ve seen loads of dance shows. But guys you literally blew me away with this performance. It just kept getting better and better when I didn’t think it could.” Audience member, Edinburgh

Starchitects: an opportunity for children and families to discover and enjoy dance together

After its successful first year of touring in 2022/23, our production for children and families, Starchitects, continued to tour this year, inspiring children in a further 9 towns and cities across the UK over 26 performances. In the West Midlands the show toured to Lichfield Garrick and Walsall Arena and in the East Midlands to Corby Cube. Starchitects also toured to Horsham, Manchester, Poole and Salisbury, and had its London premiere at the Southbank Centre during Imagine Children’s Festival, where it was performed 6 times to 4,533 children and their families. By touring Starchitects widely across the UK, audiences are able to experience exciting, high-quality dance in their own communities. It is important to our mission to reach people from all walks of life with dance, that families from a range of backgrounds and income levels are able to attend. We have again worked closely with our partner theatres to ensure their ticket pricing is the lowest it can be within their income requirements and that ticket prices are reasonable and affordable. With its fun and playful storyline, the show is a fantastic introduction to dance and theatregoing for young children and feedback from audiences this year once again confirms this:

“Fantastic performance. Strong dancers and visually exciting. Excellent music and costumes. Really accessible performance for children and disabled audiences (neurodiverse).” Audience Member, Lichfield Garrick

Page 4

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

“Starchitects by @MotionhouseDT at @HOME_mcr today was ace! From the moment the performers entered through the audience to the final bows, my daughter and I were on the edge of our seats. Perfect synergy of visuals, lights, sound, choreography, set, costumes & narrative. Loved it!” Audience member, HOME Manchester

“I liked the dancing parts and when they landed on the planet. It was incredible, very exciting and fantastic (Rosa, age 10).” Lawrence Batley Theatre, Huddersfield

“It was amazing, I loved it so much (Edie, age 8).” Lawrence Batley Theatre, Huddersfield

“Loved the silly monster (Windsor age 5).” HOME Manchester

The Starchitects prepare for landing. Image Dan Tucker

In the last financial year, we successfully fundraised to support Discover & Inspire, a range of engagement and access provisions alongside our touring of Starchitects. With a second year of support for this project from The 29[th] May 1961 Charitable Trust, we were able to deliver Discover & Inspire again in 2023/24. This supported us to offer ‘Meet the Characters’ sessions free of charge to all venues, enabling us to engage with 3,860 children. In these sessions, children can meet their favourite character, take photos with the cast, or ‘Stay & Play’ with the cardboard boxes from the show, to create their own stories. The funding also allowed us to offer a significant fee reduction to The Core (theatre) at Corby Cube to unlock a cheaper ticket price for families and children (£7/£5), removing barriers to access in this Levelling Up for Culture area with low arts engagement. We were also able to provide additional technical equipment to Walsall Arena (in an Arts Council Priority Place and a Levelling Up for Culture area) to aid in adapting the space for the show which ultimately led the venue to be able to programme it. Access remains a priority, and on this tour, we were also able to deliver a relaxed performance at HOME Manchester and 6 performances at the Southbank Centre in London with relaxed etiquette.

Children meet their favourite characters

All you need is a cardboard box. Images Motionhouse

Page 5

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Starchitects Save Santa! – our first ever Christmas production

This year a new festive Starchitects story entitled Starchitects Save Santa! was commissioned by Midlands Arts Centre (MAC) for a 6-week Christmas residency, performed 63 times to families and children from across Birmingham and the surrounding area. In total, Starchitects Save Santa! reached 7,093 people from a wide range of backgrounds, including 43 primary school groups. For many of these children, seeing Starchitects Save Santa! was their first trip to the theatre and feedback from teachers tells us that the children were enthralled and inspired by their experience. From the 944 family bookers, approximately 35% were first time bookers to MAC, indicating that the show attracted new family audiences to the venue.

The resounding success with audiences, which exceeded all expectations, was made all the more significant because we had to work with MAC to rise to the challenge of the discovery of Reinforced Autoclaved Aerated Concrete (RAAC) in the theatre roof in late October 2023. In a remarkable demonstration of the theatre tenet, ‘the show must go on’, we worked closely with MAC to transform their gallery space into a theatre that could accommodate both audiences and the technically complex Starchitects Save Santa! set and projections, and the show went on to thrill children and families across the whole of the festive period, with 74% of seats sold. It was very important to us to deliver on our commitment to share a spellbinding and engaging experience for families in Birmingham over the Christmas period. The production received excellent reviews and although we had to reduce audience capacity, the gallery created a unique space for audiences, who were so close to the action that they were able to see the daring circus acrobatics in close proximity.

"My company has promoted shows and events to schools for over 30 years, but nothing better than Starchitects Save Santa by Motionhouse at Midlands Arts Centre - MAC. Exciting, breakneck pace, moving, stunning dancing/acrobatics/music and visuals. If you are anywhere near Birmingham (or even if you're not) go and see it, whatever age you are. One of the finest pieces of physical theatre I've ever seen." Schools outreach organisation, Birmingham

Will the Starchitects save Santa? Image Dan Tucker

"Been coming to see the Christmas show at MAC for years and this is by far the best thing I've seen. It was excellent value for money. I often find it hard to find activities that we can do as a whole family with 4 children of different ages and this was perfect. The kids absolutely loved it." Audience member MAC

"Totally awesome! Jaw-droppingly fantastic! Riveting and enthralling! Mind-blowingly great! I loved it (adult 73 years)." Audience member MAC

"Wow! What an absolute treat! It was so clever how these 6 amazingly talented individuals used cardboard boxes to tell a festive tale about saving Santa. The breath-taking aerial gymnastics, acrobatics and physical theatre we saw had the whole family captivated! The cardboard boxes had many uses: Christmas presents, hiding places, Santa’s sleigh, a rocket to the Moon...and much more. The epitome of make-believe! We loved it! If it sounds low-tech, let me assure it wasn’t. The

Audience members enjoy the action close-up in the ‘Gallery Theatre’ Image Midlands Arts Centre loved it! If it sounds low-tech, let me assure it wasn’t. The digital projections onto a HUGE backdrop were spectacular in themselves. It was awesome and I would definitely recommend it for a family-friendly activity and as a lovely build up to the big day itself." Audience member MAC

Page 6

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Gallery pre-transformation, Worlds Away exhibition, Tegen Kimbley.

Gallery post-transformation, new seating installed. Image by Nathan J Cox of inthebag.pro courtesy of Steel Deck.

Outdoor touring – delivering work free to audiences in public spaces

Our free outdoor work plays an important role in our mission to reach as many people as possible with brilliant dance, free of physical, cultural or financial barriers. In 2023/24 we performed outdoors 57 times to more than 55,000 people of all ages, at 20 festivals/events. Again, this year, it was our flexible and responsive repertoire of five outdoor productions of varying scales that made this remarkable reach possible: WILD, a 45-minute show with a cast of six, Captive, a 30-minute show with a cast of four, through to a suite of three short duets. This flexible repertoire allows us to respond to different needs and budgets.

Our flagship touring production WILD has been upskilled since its first iteration in 2019, and we were able to take this new version to City of Wings, an international showcase in Ypres, in April 2023, where it attracted significant attention from international bookers, generating substantial bookings for summer 2024/25. Our performances in Ypres also led to a booking at FARSe Festival in Strasbourg in August 2023, where WILD proved to be a huge hit with crowds, attracting 9,750 people over 3 performances. Being in Strasbourg enabled us to reconnect with our French agent, which in turn has secured bookings in 2024/25 in France for theatre work. This demonstrates that despite the continuing challenges of touring since the UK left the EU, combined with rising freighting costs, there is still a large appetite for our work in mainland Europe. In total this year, we performed at 4 festivals in the EU to approximately 27,000 people.

The upskilled WILD enthrals large crowds in the Market Square in Devizes

Closer to home, we worked with the arts team at Warwick District Council (WDC) and with BID Leamington to offer free performances of WILD in our local community. With the support of these two organisations, we were able to perform WILD twice free of charge to audiences at EcoFest in our hometown, Leamington Spa, in September 2023, performing to large crowds, totalling 4,500 over the two performances.

Page 7

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

“A phenomenal performance from @MotionhouseDT at Ecofest. Their sheer strength and agility is astounding and emotional to watch.” Audience member, EcoFest

“Well done and thank you to the Motionhouse team today at Leamington Ecofest. We loved it so much we watched both shows. And felt like it really represented what eco is - creating something beautiful rather than destroying. Thank you for that wonderful experience.” Audience member, EcoFest

WILD wows huge crowds at Leamington’s EcoFest. Image Motionhouse

“So impressed. Totally mesmeric from the very first move onto the platform to the final fall…‘WILD’ was totally absorbing…Oddly found myself crying….plus a profound pleasure. A BIG, BIG THANK YOU.” Audience member, EcoFest

Performing in the local area is an important part of our work to enrich the lives of people in our community. We also performed our duets Gravity and Knot at events in the local area, and Gravity at Art in the Park Festival in Leamington, with a ‘Curtain Raiser’ performance from our fantastic youth company Motionhouse Youth.

Another key highlight for WILD this year was at Birmingham Weekender, with 5 performances of WILD in the Bullring shopping centre, watched by 9,200 shoppers. A group of young people from the Birmingham Hippodrome HEN network also had the opportunity to work with our then Rehearsal Director Junior Cunningham to create and perform a ‘Curtain Raiser’ before two of our performances of WILD, performing to an estimated 4,000 people, an exceptional experience for them.

Left: the young people prepare for their Curtain Raiser Right: Motionhouse is watched by crowds on all levels of the Bullring Images Motionhouse

Other performances – the Eurovision opening event and appearances on national TV

We took advantage of an exceptional one-off opportunity this year to continue our efforts to diversify our income, working with production company TBI Media on three exciting projects.

Our Co-Founder and Artistic Director, Kevin Finnan, was invited by TBI Media to create the overall vision for The National Lottery’s Big Eurovision Welcome opening event in Liverpool as Artistic Director of the show. Motionhouse dancers performed alongside a star-studded cast of pop stars, in a show that included poetry, pyrotechnics, and an aerial drone display, watched live by a crowd of 25,000 people. The show saw our remarkable performers on roofs, suspended from cranes and zip lines, as well as on stage. Highlights were featured on BBC One on Monday 8 May as part of the Eurovision Welcomes the World programme, which was watched by over 3 million people.

Continuing to develop our relationship with TBI Media, in December 2023 we created an aerial dance piece to be performed as part of The National Lottery’s New Year’s Eve Big Bash on ITV, seen on television by an estimated 2 million people, and watched live in the stadium by 8,000. Our dancers also performed in BBC One’s Big Night of

Page 8

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Musicals by The National Lottery in January 2024 for a stadium audience of 12,000, with an estimated broadcast audience of 3,460,000.

As planned, we completed our partnership with Bluestone Wales with a 6-week residency of our family production HENGE at Bluestone Wales Resort in summer 2023, bringing to a close our very successful 4-year creative collaboration with them. This partnership is not planned to continue due to the strategic direction of travel for Bluestone, who are taking their focus away from this format of entertainment in the coming years. Now that our obligations to Bluestone have been fulfilled, we are offering HENGE as part of our touring repertoire with 13 performances at 5 family events booked for 2024/25. At the time of writing, some of these performances have already taken place and we are pleased to report that HENGE is proving to be very popular with audiences.

Motionhouse dancers perform an aerial spectacle at The National Lottery’s New Year’s Eve Big Bash, broadcast Audiences enjoy HENGE in Basingstoke town in ITV, December 2023. Image TBI Media centre. Image Chuck Douglas Photography

Youth and community - reaching and inspiring children, young people and adults

Alongside our touring, offering opportunities for people of all ages to take part in high quality creative activities is an important part of our ethos. 2023/24 saw us continue to build on this, offering our extensive education, training and community programme in schools and community settings across our local region and nationally. Focusing on the power of dance to inspire learning and engagement, support wellbeing and enhance lives, we had a participation reach of more than 16,400 in 2023/24 through workshops, creative participation projects, training opportunities and other activities. Highlights for 2023/24 include:

Locally/regionally

Page 9

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Nationally

Schoolchildren and their families watch a Motionhouse duet in a local primary school. Image Motionhouse

We secured 3 opportunities for our youth company, Motionhouse Youth, to perform in 2023/24 and we were proud and delighted when they were accepted into the regional finals of the national U.dance event. One member of Motionhouse Youth also had the incredible opportunity to spend a full year with the performing company and our Creative Learning Dance Artist before taking up their place at Northern School of Contemporary Dance in autumn 2024. We have also secured funding for 5 members of the youth company to attend the Centre for Advanced Training in Birmingham.

We host two 9-month professional placements for young dance artists from Northern School of Contemporary Dance each year, and this year the students had the opportunity to perform alongside our dancers in Starchitects Save Santa! and in The National Lottery’s New Year’s Eve Big Bash and the Big Night of Musicals by the National Lottery.

Our Executive Director, Louise Richards, has this year mentored and supported regional artists Ascension Dance, Sonrisa Arts, and Highly Sprung, and has offered leadership support to the Irish arts sector.

Dancers from across the UK attend a professional training course in Leamington Town Hall. Image Motionhouse

Spotlight on Equality, Diversity and Inclusion

Led by discussions in our EDI Committee group, made up of Trustees and staff, who identified that supporting young diverse artists to advance the diversification of the artistic team and the sector should be a primary goal over the next few years, in 2023/24 we undertook the following activities in our work towards this aim:

Page 10

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Our Artistic Director, who is from a working-class background, leads our diverse creative team and we include our dancers’ voices in our communications. This wide representation and range of backgrounds influences our voice and makes us more relevant to our audiences.

Our activities with older people continue to expand – both for people living in our community and via our Care to Dance? project, which has so far enriched the lives of = | ——— Bf = j a ee residents in 5 local care homes since we first launched the initiative in 2022/23, through a combination of weekly workshops and live dance performance on site. By taking dance, movement and performance into residential homes, Care to Dance? enables residents to connect with "shee =} j a) ae eee So Po : each other, maintain or recover their motor skills, improve their mobility and coordination, and reduce loneliness and isolation. To deliver these projects we undertake additional fundraising, and in 2023/24, Care to Dance? ge = projects were funded by St Mary’s Hall Trust Warwick and Residents at a care home in Warwick enjoy a Care to dance? session. Image the Baron Davenport’s Charity. We are developing Motionhouse fundraising proposals to offer a new seated class in our studio as well as Dance for Parkinson’s and dementia.

Residents at a care home in Warwick enjoy a Care to dance? session. Image Motionhouse

We continue to maintain our relationship with the ‘Ups of Downs’, a local charity that supports activities for children and young people with Down Syndrome. Once again, this year, we delivered dance activities with some of their members.

Accessible delivery continues across all areas of our programme, and we continue to offer relaxed performances and Audio Described performances to our venue partners, who programme these options where possible. We delivered 1 relaxed performance of Starchitects, and 3 Audio Described performances with touch tours at three venues. All 6 performances of Starchitects at Southbank Centre were 'chilled'.

Focus on the environment

Our Board and staff Green Team leads on discussions around priorities to reduce our environmental impact. We continue to report using the Julie’s Bicycle tool, provided by Arts Council England. Recycling sets continues as a priority, with the set for our new Christmas show in December 2023 being reused for the 3rd production now. Exploration for our new production Hidden is underway and at this early experimental stage we are using existing props, staging and set parts to mock up new ideas.

We continue to collaborate with our touring partners on ways to work together to reduce impact. We discuss sustainable touring at point of sale, involve tech and artistic teams to deliver our Green Rider and ask all venues to sign our Green Agreement. We have created a framework to monitor emissions for our touring.

Page 11

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

We have been working with our venue partners to rationalise our touring, grouping venues in locations near to each other where possible. A good example of this is bookings for a German tour which sees us visit all 5 partner venues on one tour rather than going in and out of the country several times as has sometimes been the case with previous tours. We are endeavouring to apply this rationalised practice across the tour and in the UK a recent tour encompassed venues and educational activity in one area of southeast England. This is generally outside our control, but we continue to have it as a goal.

Environmental considerations were central to our van purchase in 2023, which is Euro 6/ULEZ compliant. Our current truck that we use for touring our stage sets is nearing the end of its life and we are making plans to replace it. We have investigated electric options, which are not yet viable, but replacing the truck with a newer vehicle with lower emissions is a priority in our choice of purchase.

Online

Digital content remains a key means of communicating with our audiences: on our website, our blog, and our social media channels. Our robust social media plan has seen our social media channels continue to grow in 2023/24, with over 98,000 followers collectively across Facebook, Instagram, Twitter (or “X”), YouTube, LinkedIn and TikTok, a remarkable 45% increase on last year. Content shared across our social media channels, in particular on Instagram, TikTok and Facebook, are seeing substantial levels of engagement, with 13 viral videos online (each of which have over 250K views), 5 of which have had over 1 million views. Our social media is an accessible way for audiences who might not usually engage with our work to see what we do.

Local and regional partnerships

We play a key role in delivering arts and culture in our local area and the wider region, offering world class dance participation activity and creating globally celebrated performance work in the heart of our community, with regular performances for local residents. Co-Founder and Executive Director Louise Richards sits on numerous local arts committees and is committed to the growth and development of culture in the local area. We are one of Warwick District Council’s four Creative Partners, proactively supporting the strategic leadership of Warwick District Council as a champion of the arts and creative sector through its Creative Framework, and have strong relationships with Warwick Arts Centre, Midlands Arts Centre Birmingham and Birmingham Hippodrome, where we are an associate company.

In September 2023 we organised a visit from Darren Henley, the CEO of Arts Council England and Area Director Peter Knott to come and meet key members of the Warwick District Council team to learn more about the exemplary relationship between a National Portfolio Organisation and its local authority.

In September 2023, we also opened our doors for our first ever open day in Leamington Town Hall. 180 people from the local area took up the opportunity to take part in one of the free workshops on offer, to watch a performance, or to have a look at the exhibition of images from across the 35 years of Motionhouse.

----- Start of picture text -----
Local audiences enjoy a free performance at our open day.
Image Motionhouse
----- End of picture text -----

Local young people enjoy a free workshop at our open day. Image Motionhouse

Page 12

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Plans for the future and the financial outlook

In 2023/24 we began Research and Development for Hidden, our next mainstage touring production, which will premiere at Warwick Arts Centre in February 2025. We have secured a grant of £65,000 over two years (£31,000 in 2023/24 and £34,000 in 2024/25) from the John Ellerman Foundation to support 50% of dancer and Artistic Director salaries during the R&D and creation phases for Hidden from 2023 to 2025.

This support has been incredibly valuable in 2023/24, enabling our Artistic Director Kevin Finnan to invest the time and focus into research and development for Hidden, which is critical to the success of the production. We are becoming more and more aware that it is the quality and innovative nature of our work that will enable us to survive and grow in increasingly challenging times. Costs are high and theatre budgets are tight, meaning that many of our venue partners are obliged to drive hard bargains, and our standard deals are far below the increase in expenditure that we are incurring on our tours due to the current economic climate. ACE funding remains static and fundraising to support new work is extremely competitive. Within this context, being able to spend quality time researching and developing ideas and themes for Hidden has been vital to achieving our goal for Hidden to exceed audience and venue partner expectations and build on the success of our current touring production, Nobody.

Early promotional image for Hidden. Image Dan Tucker

We will build on the success of Starchitects Save Santa! at MAC with 5 performances of this festive production at Brighton Dome in December 2024. To respond to demand for our work in venues that are too small to accommodate our mainstage production Nobody, and for venues who have already presented Nobody and would like to book further work before Hidden is ready to tour, we have created a triple bill Three comprising two of our duets and an excerpt of Nobody. This has so far been booked at two venues in the UK and one in France in 2024/25. At its first outing in Huddersfield in May 2024, Three achieved 86% of audience capacity, an excellent result.

In 2024/25, in line with our established creation and financial cycle, the budget when approved showed a planned deficit of £179,106 which represents the significant investment in Hidden that we need to make in order to create the show. Reserves are already designated to mitigate this planned loss, in line with our Reserves Policy. In the face of ever-increasing costs, standstill funding from Arts Council England until at least 2027/28 will make it increasingly challenging to balance our budgets over the next three years, and responding to this challenge will be a key part of our strategic planning.

Page 13

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Financial review

Our business model continues to rely on income from artistic activities to generate funds and, combined with the Arts Council England National Portfolio Organisation (NPO) award and other grants, funds our activities.

The outlook for 2023/24 was for a continued improvement for performance activity; however, potential income was affected by the significant increase in inflationary pressure on customers’ spending money. This inflation also had a significant effect on our cost base.

A prudent budget for 2023/24 was set, with an anticipated deficit of £26,247 for the year that would be funded by the reserves. In the event, thanks to the dynamic and proactive response we were able to make to several highprofile year-specific opportunities, as mentioned above, we generated additional unbudgeted income totalling £91,504. Combined with the careful management of our resources the full year outturn was a surplus of £63,568.

Income

In the face of increasing costs and standstill funding, it is critical that we continue to maximise all opportunities to generate income. This year, our flexible and dynamic business model and our responsiveness to opportunity enabled us to achieve an excellent result, with core income of £654,212. This was principally driven by income from our theatre productions Starchitects and Nobody, and our festival/outdoor productions WILD, Captive and suite of duets, raising £210,756. Demand from the EU remains strong, and this, alongside several one-off events, was a significant factor in us reaching our targets. Notable examples of how our flexible business model supported income generation this year include:

The Theatre Tax Relief claim for the production of Starchitects for £54,798 was successfully included as part of the Corporation Tax return. This cultural tax relief is generated by the creation of new productions and the amount of the tax relief varies with the individual production costs.

A number of grants were received to support our productions, details of these are set out in the Fundraising section below.

Page 14

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

The sources of our income for the year are shown in the pie chart (left).

Income from core activity, one off income and other income comprised 57% of total income.

10% of total income was generated by one-off productions.

The ACE NPO grant was 38% of the total Income.

The year-on-year change in income is shown in the graph (left).

Income (blue) excluding one-off productions was lower than 2022/23 as our main theatre production was in its 3rd year of touring, with a natural drop-off in bookings.

One-off income (green) increased as described above to £91k in 2023-4.

Other income (yellow) was primarily Theatre Tax Relief.

Grants and donations (red) were higher than 2023.

The ACE NPO grant (orange) is unchanged in cash terms.

Expenditure

To mitigate the consequences of inflation a prime focus continues to be cost control. To ensure that the finite nature of our resources is understood, our activities are budget/cash limited. Management accounts are prepared monthly, and the full year forecast is reviewed on a monthly basis to monitor progress and to put any corrective actions necessary in place to ensure that the overall financial target is met.

Despite our careful management and cost control measures, the increase and level of the rate of inflation has resulted in an increase in costs in several notable areas (see Note 4 in the accounts below for full detail):

Page 15

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Cash flow

The cash balance at year end was £607,942 and this is higher than the position on 31/3/23. The March 2023 balance was lower due to the delay in HMRC paying the Theatre Tax Relief submission made in March 2023, which was only received in August 2023.

The income accrual of £11,111 comprises invoiced fees for performances of Nobody in Exeter and Blackpool and for studio hire. These invoices were all settled in April 2024.

Investment

During the year we purchased a low-mileage Ford Transit, which is being depreciated over 5 years on a straightline basis, replacing the long-term rental that was put in place in the previous year to replace a defunct vehicle.

Reserves

The reserves at the start of the year were £628,606 and during the year we were able to increase income significantly, recording a surplus of £63,568 for the year. The reserves at year end totalled £692,174, comprising Restricted £Nil, Designated £442,000 and General reserve £250,174.

The Trustees have reviewed the reserves policy and decided that the Designated reserves should comprise £320,000 for the creation of new work and to sustain the delivery of high-quality work, and £122,000 for replacement of our touring truck and other new equipment.

The Trustees have also considered the worst-case possibility of closure and have calculated that the cash reserve required to meet closure costs would be in the region of £200,000. This comprises Statutory Redundancy costs, the Houseworks contract, and premises rental. This is covered within the General reserves.

Reserves Policy

The charitable company needs reserves to provide funds to:

The amount of money required in reserve depends on the stage of the performance ‘life cycle’. The charity plans and budgets on a four-year cycle embracing the researching, creating, producing and touring of performance work. The level of reserves needed fluctuates both between years and within years, based on activity. The charity’s policy is to achieve a level of reserves that would cover all liabilities, including the potential costs of winding up the charity if circumstances required.

The Head of Finance reports reserve levels to the Trustees each quarter as part of the review of the management accounts.

Page 16

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Governance

Good Governance is a key part of how we operate, and our compliance is regularly reviewed by the Board of Trustees and the Management team. Financial reporting and control is an important part of this and our performance against Budgets and Forecasts is reviewed and presented to the Trustees. Our Risk Register plays a vital part in how the business of the Charity is monitored, and risks are categorised according to their severity, and mitigating action is taken wherever possible. Specialist Sub Committees of the Board of Trustees meet regularly to review and advise on areas such as Finance, EDI, Environmental Responsibility, Safeguarding, and Staff Welfare. Overall, we are constantly aware of the importance of good Governance, and this has a continuing influence on the operation of the Board of Trustees and the Management Team.

Financial performance is monitored regularly by both the management team and the Trustees. Management Accounts are prepared monthly and reviewed by the Executive Director and Head of Finance. The forecast for the year end is then updated monthly and compared to the financial plan. Any remedial actions required to ensure the overall financial target will be met are discussed and actioned. Management Accounts are presented to the Trustees at the quarterly Board meetings for review and approval.

Our financial objective is to ensure financial stability and continued solvency year on year so that we can maintain our artistic aims and objectives.

Where funding is received from particular sources to cover specific development work, those funds are reflected as income in the year in which they are received, and they are held as restricted reserves.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

2024/25 and beyond

The budget for 2024/25 includes income of £1,129,932, based on performances that have been negotiated and are firmly booked, together with other earning activities. Budgeted expenditure is also prudent at £1,309,038. The budget outturn for the full year 2024/25 is a deficit of £179,106, driven by the creation and rehearsal of our next touring theatre production Hidden. This deficit is covered by designated reserves that have already been allocated – see Designated Funds for the ‘Creation of new work and to sustain the delivery of high-quality work’ in Note 13 and on the balance sheet.

Although the economic climate is challenging, the trustees have considered a period of twelve months from signing off the accounts and are confident that there are no material uncertainties that cast significant doubt on the charity’s ability to continue as a going concern.

Fundraising

The majority of the income raised through fundraising is secured in the form of grants from grant making bodies such as charitable trusts and foundations via an application process. The charity neither participates in publicly marketed fundraising events nor in the active soliciting of donations from members of the general public. Accordingly, the charity is not registered with the Fundraising Regulator, although the Trustees will keep the situation under review.

Core funding from Arts Council England, was £477,432 in 2023/24.

Fundraising remains a key focus and despite increasing competition due to pressures in the sector, there have been some significant successes this year. We are grateful to the grant-making organisations who have funded our work. Income includes grants and commissions (see Note 13) from:

Page 17

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Grants received in 2022/23 and spent in 2023/24 were from:

Grants received and deferred to 2024/25 (see Note 11) were received from:

Donations are also received from individual donors.

Reference and administration information

Charity Name Motionhouse Charity Registration Number 328693 Company Registration Number 02515820 Registered Office Spencer Yard Leamington Spa Warwickshire CV31 3SY

Board of Trustees

The following individuals served as Trustees during the year:

Simon Wales (Chair) Catherine Cassidy Giles Clifford Jonathan Cochrane Sarah Gee FRSA, MIoD Yvonne Gilligan[1 (from May 2023)] Martin Nwangwa Rakhi Rajani Colin Robertson Toby Smith Josie Stevens (resigned 29-01-2024) Abigail Viner Zaylie-Dawn Wilson 1 Chair of the Finance & Audit Committee

Company Secretary

Andrew Johnson

Page 18

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Executive team

The services of the Executive Director, Louise Richards FRSA and Artistic Director, Kevin Finnan MBE are contracted through Houseworks Arts Limited.

The Trustees consider the senior management team to comprise the Programme Producer, the Communication and Development Director and the Head of Finance. The pay of the senior management team is set with reference to benchmarking using comparable roles in organisations similar to Motionhouse. The contract with Houseworks Arts Limited (as detailed at Note 18) is negotiated in line with the Arts Council Funding Agreement.

The staff team as of 31[st] March 2024 comprised:

Performers: Alexandra De La Bastide Beth Pattison Blair Moore (joined June 2023) Brima Fullah (Joined January 2024) Dylan Davis (joined May 2023) Llewelyn Brown Oliver Bell Sophie O’Leary (joined May 2023)

Performer & Assistant Director: Daniel Massarella Rehearsal Director: Junior Cunningham (left May 2024) Head of Creative Learning: Hannah Lockyer Creative Learning Dance Artist: Camilla Lloyd Programme Producer: Victoria Collins Programme Manager: Tom Ball Communications & Development Director: Jane Bailey Audience Engagement Manager: Ellen Dainty Administrator: Eileen Liptrot Head of Finance: Andrew Johnson Technicians: Danielle Tamsin Harris (left July 2024) Andrew Smith

Auditors

Harrison Beale & Owen Limited Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT

Bankers

HSBC Plc, 126 The Parade, Leamington Spa CV32 4AJ

Page 19

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Constitution and general objects

The charity was formed on 26 June 1990 as a company limited by guarantee and a registered charity. The company is governed by its articles of association that were updated and adopted on 19[th] May 2022.

The Objects of the Charity are for the public benefit to advance education in the dramatic and visual arts, in particular (but not exclusively), dance and similar choreographic arts, drama, mime, singing and music by their production, performance, choreography and training.

The organisation

Underpinning the artistic work is a continuing commitment to excellent management at all levels. The charity has a strong and experienced Board of Trustees and a dedicated and expert staff team. Through both full Trustee meetings and a range of sub committees, the Trustees actively engage in Motionhouse’s development and activities at all levels. Developing new markets is a pillar of our financial and artistic planning so new performance and touring models continue to be explored.

Recruitment and appointment to the Board of Trustees

Trustees are recruited and appointed on the basis of their expertise and experience, their professional and community background and other relevant experiences and skills. The Board of Trustees as a whole seeks to reflect the diversity of the West Midlands and further afield.

Trustees are appointed for an initial term of 3 years and may be eligible for re-election in accordance with the Articles of Association.

There is a Finance and Audit Committee, with a separate Trustee Chair to the main Board, which meets separately to the main Board and draws upon the experience and skills of appropriate Trustees as required. Specialist Sub Committees of the Board of Trustees meet regularly to review and advise on areas such as Finance, environmental responsibility, EDI, Safeguarding, and Staff Welfare.

Trustee induction and training

There is an induction programme for new Trustees. They meet with the Chair and Executive Director for an introduction to the charity, observe a Trustee meeting prior to appointment, meet with the dancers for questionand-answer sessions, and they attend performances of indoor and outdoor productions. New Trustees also review recent accounts and Board papers with the management team.

Risk management

The Trustees are responsible for the risk management across the charity. With the assistance of the management team the Trustees monitor the major risks to which Motionhouse is, or may be, exposed. Any current matters are brought to the notice of the Trustees at their quarterly meetings, unless the risk is deemed of such importance that all trustees should be alerted by electronic means in a timelier manner. During the year the charity has actively reviewed the safeguarding policies and compliance with GDPR is reported on at Board meetings. During the course of this financial year, the risk register has also been refreshed and updated.

The most significant risks facing the organisation and the risk management strategy for 2024/25, as at October 2024, are detailed in the table below:

Page 20

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

Risk Risk
Category		 Risk Management Approach
Despite strong demand for our work,
in the face of standstill funding for
ourselves and across the sector,
there is a gap between rising costs
and the ability to generate income
accordingly, making it difficult to
create a balanced budget		 Financial Whole team responsible for containing costs. Honesty &
transparency on financial pressures with performing and staff
team, plus funders. All business planning and budget forecasts
are prudent and remodelled monthly to take into account the
additional/likely upcoming risks and uncertainty, maintaining
contingencies. Tight cashflow disciplines. Board & staff in
constant dialogue. P&L forecast and financial modelling to
manage solvency as a going concern. Use of designated
reserves created to manage financial risks. Prudent budgeting
in place, and reviewed monthly.
Risk Risk
Category		 Risk Management Approach
Adverse financial impacts of not
achieving fundraising targets		 Financial Prudent fundraising targets are created alongside full-cost
recovery budgeting, with targeted approaches to potential
funders. Income reviewed monthly as part of I&E monitoring
process.
Continued standstill Arts Council
England funding from 2027 impacts
on current business model and
prevents us from being able to
continue with our existing portfolio
of work		 Financial Funding confirmed for 4 years to March 2027, subject to
central Government support to ACE. However, the impact of
standstill funding is threatening our sustainability, and without
increased funding from April 2027 Motionhouse will become
unsustainable in its current form, leaving us unable to target a
wide range of audiences in a variety of settings in the UK and
abroad. Partial mitigation includes continued successful delivery
against the funding agreement and board monitoring against
ACE investment principles and outcomes, plus having
appropriate reserves in place, but in the knowledge that
budgets are becoming near impossible to balance.
Inability to maintain a full company
of dancers and consequently the
quality of work and ability to deliver
our programme, due to increasing
financial pressures faced across the
sector		 Artistic Every possible mitigation is being pursued by staff, including
exploring new income generating activities and stringent cost-
control wherever possible but without damaging the quality of
the product. Transparent dialogue with trustees on reality of
financial situation.
Dancer Injury/illness Artistic Current dancer numbers allow for limited cover within the
team; safe working practice with sufficient rest breaks; training
from specialists when required; risk assessments and
implementation in place and regularly reviewed, including
policies on working and performing 'at height'; whole company
first-aid trained; relationships established with physio
specialists for prevention as well as treatment.

Statement of Trustees' responsibilities

The Trustees (who are also directors of Motionhouse for the purposes of company law) are responsible for preparing the Trustees’ Annual Report 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,

Page 21

MOTIONHOUSE

REPORT OF THE TRUSTEES (Continued) year ended 31 March 2024

including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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. In so far as the Trustees are aware:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the Trustees on 28th October 2024 and signed on its behalf.

Simon Wales Chair

Page 22

MOTIONHOUSE

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF MOTIONHOUSE

Year ended 31 March 2024

Opinion

We have audited the financial statements of Motionhouse (the ‘charitable company’) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and Notes to the Financial Statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the Report of the Trustees, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the Report of the Trustees. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 23

MOTIONHOUSE

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF MOTIONHOUSE

Year ended 31 March 2024

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the Report of the Trustees (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on pages 22-23, the trustees (who are also directors of the charitable company for the purposes of company law) are responsible for the preparation of financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Page 24

MOTIONHOUSE

INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF MOTIONHOUSE

Year ended 31 March 2024

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below:

The audit process includes an assessment of the entity's risk environment, through enquiry of and discussion with management and those charged with governance, including an assessment of any key laws and regulations with which the charitable company must comply in the ordinary course of its operations.

Additionally, the overall risks of irregular transactions occurring are assessed following our observations and confirmation of the design and implementation of management’s controls. Whilst we are mindful of these risks, our audit focus is geared towards the risk of material misstatement in the financial statements as a whole.

As such, our procedures cannot guarantee that all transactions have been fully compliant with all relevant laws and regulations, including those regulations relating to fraud, as our procedures are not designed to detect all instances of non-compliance. By definition, the risk of our detection of non-compliance is greater where compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. The risk is also greater regarding irregularities due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-for-theaudit-of-the-fi/description-of-the-auditor’s-responsibilities-for. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Ashfield BA FCA Senior Statutory Auditor for and on behalf of: Harrison Beale & Owen Limited Chartered Accountants and Statutory Auditor

Highdown House 11 Highdown Road Leamington Spa Warwickshire CV31 1XT

Date: 28 October 2024

Harrison, Beale & Owen Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Page 25

MOTIONHOUSE

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an income and expenditure account) for the year ended 31 March 2024

Unrestricted
Restricted
Note
funds
funds
Income
£
£
Grants
2
479,932
48,125
Donations
2
8,795
-
Charitable activities
3
639,212
15,000
Investments
9,567
-
Other – theatre tax relief
54,798
-
Total income
1,192,304 63,125


Expenditure
Charitable activities
4
1,128,736
63,125


Total expenditure
1,128,736
63,125


Net income / (expenditure) for
the year
6
63,568 -
Reconciliation of funds
Fund balances at 1 April 2023
13
628,606
-


Fund balances at 31 March 202413
692,174
-

 2024
Total
funds
£
528,057
8,795
654,212
9,567
54,798

1,255,429

1,191,861

1,191,861

63,568
628,606
692,174
 2023
Total
funds
£
497,562
11,016
658,670
1,498
93,856

1,262,602
1,232,931
1,232,931
29,671
598,935

628,606

All income and expenditure derive from continuing activities.

All gains and losses recognised in the year are included above.

The notes on pages 30 to 41 form part of these financial statements.

Page 26

MOTIONHOUSE

BALANCE SHEET BALANCE SHEET BALANCE SHEET
Company Number: 02515820 Company Number: 02515820
as at 31 March 2024 as at 31 March 2024
Note 2024 2023
£ £ £ £
Fixed assets
Tangible assets 8 67,230 67,577
Current assets
Stock 2,588 2,276
Debtors 9 70,427 167,318
Cash at bank and in hand 607,942 455,346
680,957 624,940
Creditors:amounts falling due in
one year 10 10
(56,013)		 (63,911)
Net current assets 624,944 624,944 624,944
561,029
_ _
Total assets less current liabilities and total net assets Total assets less current liabilities and total net assets 692,174
 692,174 628,606
Funds
Restricted 13 13 - -
Unrestricted 13 13
Designated 442,000 400,000
General 250,174 228,606
_ _
Total funds 692,174 628,606

The financial statements have been prepared in accordance with the provisions applicable to small companies within Part 15 of the Companies Act 2006.

These financial statements were approved by the Trustees on 28 October 2024 and signed on its behalf by:

Simon Wales Yvonne Gilligan Chair Trustee

The notes on pages 30 to 41 form part of these financial statements.

Page 27

MOTIONHOUSE

STATEMENT OF CASHFLOWS
For the year ending 31 March 2024
2024
£
Cash flow from operating activities
19
173,119
Cash flow from investing activities
Interest received
9,567
Purchase of fixed assets
(30,090)
Disposal of fixed assets
-
Net cash flow from investing activities
(20,523)
Net increase/(decrease) in cash and cash equivalents
152,596
Cash and cash equivalents at start of period
455,346
__
Cash and cash equivalents at end of period
607,942

Cash and cash equivalents consists of:
Cash at bank and in hand
607,942

Analysis of change in net funds
At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank and in hand
455,346
152,596
607,942
_
_
_
455,346
152,596
607,942		 2023
£
(160,597)

1,498
(31,049)
-
(29,551)
(190,148)
645,494
__
455,346

455,346

Page 28

MOTIONHOUSE

.

NOTES TO THE FINANCIAL STATEMENTS year ended 31 March 2024

1.1 Summary of significant accounting policies

Motionhouse is a private charitable company limited by guarantee, incorporated in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 19 of these financial statements.

The Objects of the charity are for the public benefit to advance education in the dramatic and visual arts, in particular (but not exclusively), dance and similar choreographic arts, drama, mime, singing and music by their production, performance, choreography and training.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

1.2 Critical Accounting Estimates and Judgements

To be able to prepare financial statements in accordance with FRS 102, the Charity must make certain estimates and judgements that have an impact on the policies and the amount reported in the annual accounts. The estimates and judgements are based on historical experiences and other factors including expectations of future events that are believed to be reasonable at the time such estimates and judgements are made.

1.3 Income

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity, and it is probable that they will be fulfilled.

No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102).

The charity receives government grants in respect of Arts Council England funding. Income from government and other grants is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received, and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred.

Page 29

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

1.4 Expenditure

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Charitable expenditure comprises those costs incurred by the charitable company in the delivery of its

activities and services.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charitable company and include audit fees and costs linked to the strategic management of the charitable company.

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity comprise both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Leasehold improvements - over the remaining term of the lease
Equipment - 33% straight line
Computers - 33% straight line
Motor vehicles (Vans) - 20% straight line
Motor vehicles (Truck) - 10% straight line

Items costing less than £5,000 are not capitalised but are written off to revenue on purchase.

Tangible fixed assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable.

1.6 Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

1.7 Taxation

Motionhouse meets the definition of charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

The charitable company is able to claim a refundable corporation tax credit under the HMRC Theatre Tax Relief Scheme. Theatre Tax Relief of £54,798 (2022/23: £93,856) has been included in these accounts.

1.8 VAT

The company is registered for VAT and costs are therefore shown exclusive of VAT.

Page 30

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

1.9 Going concern

At the time of signing the Accounts, the Trustees have considered all material operating issues and risks affecting the sector as a whole, specifically the impact of reduced earnings from venues, inflation, and the need to retain staff. Additionally, meeting fundraising targets is a real challenge in the present environment. The Trustees are extremely aware of these risks and are working with the executive team to mitigate the impact wherever possible. Targets are prudent and a monthly review of actual performance against targets is in place, along with a constant dialogue between Trustees and staff.

The Trustees deem that the charity holds sufficient reserves to absorb short-term in-period deficits.

The financial forecasts prepared by the executive team show that the charity will be able to operate within the financial resources available to it for a period of 12 months from the date of signing these accounts.

The Trustees are of the opinion that there are no material uncertainties that cast significant doubt upon the charity’s ability to continue as a going concern and, as such, the accounts are prepared on a going concern basis.

1.10 Funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds are unrestricted funds that have been allocated to a particular purpose/project.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.11 Foreign Currencies

Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.

Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

1.12 Leases

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the SoFA on a straight-line basis over the period of the lease.

1.13 Pensions

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Page 31

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

2
Income from grants and donations


Grants
Arts Council England – Grant in Aid - Revenue
Warwick District Council – Key Client Strategic Contribution

Donations
Trusts and Foundations
Individual donations including gift-aid
Total grants and donations		 2024
£
477,432
2,500

479,932

48,125
8,795
56,920
536,852
 2023
£
477,432
2,500

479,932

17,630
11,016

28,646

508,578

£48,125 (2022-23: £23,880) of the above income was attributable to restricted funds (further detail is given in note 13).

£488,727 (2022-23: £484,698) of the above income was attributable to unrestricted funds.

3
Income from charitable activities
Merchandise sales
Performance, Education and Community Activity

Co-commissioning		 2024
£
8,809
630,403

15,000

654,212
 2023
£
7,175
636,495
15,000
658,670

£nil (2022-23: £nil) of the above income was attributable to restricted funds.

£654,212 (2022-23: £658,670) of the above income was attributable to unrestricted funds.

Page 32

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

4 Expenditure

Performance Education & Development
programme community
£
£
£
Staffing costs
521,792
130,449
-
Management and Direction
97,920
24,480
-
Technical support
50,894
12,723
-
Production costs
90,326
22,583
-
Tour travel and subsistence
64,733
16,183
-
Marketing/PR
21,509
5,378
-
Premises costs
48,497
12,124
-
Depreciation
24,350
6,087
-
Office and other costs
27,646
6,912
-




947,667
236,919
-



Governance Costs
Governance costs (meeting expenses)
Audit fee
Accountancy support – Tax

 2024
2023
£
£
652,241
646,135
122,400
120,000
63,617
81,020
112,909
96,420
80,916
131,260
26,887
16,390
60,621
58,229
30,437
25,358
34,558
51,169


1,184,586
1,225,981
-
-
6,500
6,150
775
800
1,191,861
1,232,931

£63,125 (2022/23: £32,630) of the above costs were attributable to restricted funds (further detail is given in note 13).

£1,128,736 (2022/23: £1,200,301) of the above costs were attributable to unrestricted funds.

Page 33

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

5 Staff numbers and costs 2024 2023
No. No.
The full-time equivalent average number of employees (including contract, casual and part time staff)
during the year was as follows:
Administration 6.4 8.1
Performers & technicians 14.8 14.4
____ ____
21.2
 22.5
2024 2023
£ £
Staff costs
Wages and salaries 595,657 588,347
Social security costs 43,720 44,944
Pension costs 12,864
 12,844
652,241 646,135

No employee received emoluments of £60,000 or more during the year (2022/23 – none).

The key management personnel employed by the charitable company comprise the Programme Producer, the Head of Finance and the Communications and Development Director. The total employee benefits of the employed key management personnel of the charitable company was £106,797 (2022/23: £104,125).

Note 18 provides details of payments made to the Artistic and Executive Directors, who are also considered to be key management personnel.

6

Net income for the financial year 2024 2023
£ £
Net income for the financial year is
stated after charging:
Lease payments recognised as an expense 43,403 50,113
Auditor’s remuneration
- audit services 6,500 6,150
- taxation services 775 800
Depreciation 30,437 25,358
Exchange loss on year end foreign cash holding 37 -

7 Trustees’ emoluments

The Trustees did not receive any remuneration in the year to 31 March 2024 or the previous year. No expenses were reimbursed to Trustees in the year (2022/23: £nil).

Page 34

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

8 Tangible fixed assets

Leasehold Equipment Computers Motor vehicles Total
Improvements
£ £ £ £ £
Cost
1 April 2023 - 63,654 - 31,049 94,703
Additions - - - 30,090 30,090
Disposals - - - - -
______ ______ ______ ______ ______
31 March 2024 - 63,654 - 61,139 124,793
______ ______ ______
Depreciation -
1 April 2023 - 22,986 - 4,140 27,126
Charge for the year - 21,218 - 9,219 30,437
Disposals - - - - -
______ ______ ______ ______ _
31 March 2024 - 44,204 - 13,359 57,563
______ ______ _
Net book value
At 31 March 2024 - 19,450 -
 47,780
 67,230
At 31 March 2023 - 40,668 - 26,909
 67,577
9 Debtors 2024 2023
£ £
Trade debtors 51,145 17,422
Prepayments 8,171 15,768
Accrued income 11,111 125,135
VAT debtor - 8,993
_ _
70,427 167,318

Trade debtors for 23-24 includes a single unpaid invoice for £38.9k issued in March 2024 and settled in April 2024.

Page 35

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

10
Creditors: Amounts falling due within one year
Trade creditors
Other taxation and social security
Accruals
Deferred income – (note 11)
Other creditors

11
Deferred income
Balance at 1 April 2023
Amount released to incoming resources
Amount deferred in the year
Balance at 31 March 2024		 2024
£
16,743
20,766
15,761
1,970
773
_
56,013
_

 2023
£
32,896
12,046
16,539
1,795
635
______
63,911

£
1,795
(1,795)
1,970
1,970

Deferred Income relates to grant income received in advance from Warwick District Council.

12 Transactions involving Trustees

No Trustee has had any beneficial interest in a material contract to which the charitable company was party.

Trustees made donations to the charity, without conditions, of £1,357 (2022/23: £1,085) during the year.

Page 36

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

13 Funds At 1 April At 1 April At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
Restricted funds
Income Grants/Commissions
/Donations
The Saintbury Trust - 2,000 (2,000) - -
John Ellerman Foundation - 31,000 (31,000) - -
The King Henry VIII Endowed Trust
-		 4,970 (4,970) - -
MAC Birmingham - 5,000 (5,000) - -
St Mary’s Hall Trust - 2,260 (2,260) - -
29thMay 1961 Charitable Trust - 5,000 (5,000) - -
Baron Davenport’s Charity - 600 (600) - -
WDC Arts Fund - 500 (500) - -
Birmingham Hippodrome - 10,000 (10,000) - -
Warwick District Council - 1,795 (1,795) - -
- 63,125 (63,125) - -
Unrestricted funds
General 228,606 1,192,304 (1,128,736) (42,000) 250,174
Designated funds:
New work & artistic investment 250,000 - - 70,000 320,000
Inflationary pressure 60,000 - - (60,000) -
Vehicle/Equipment replacement
 90,000
 -
 -
 32,000 122,000
Total Unrestricted funds
 628,606 1,192,304 (1,128,736) - 692,174
Total funds
 628,606 1,255,429 (1,191,861) - 692,174

Restricted funds represent:

The following restricted funds were used for our Community programmes – The Saintbury Trust; The King Henry VIII Endowed Trust; St Mary’s Hall Trust; Baron Davenport’s Charity; & Warwick District Council.

The following restricted funds were used for wraparound activities with children with the touring production of Starchitects – 29[th] May 1961 Charitable Trust.

The following restricted fund was used for R&D for our next touring production – John Ellerman Foundation & Birmingham Hippodrome.

The following restricted fund was used for R&D for the Christmas show (Starchitects Save Santa!) in 2023 – MAC Birmingham.

Page 37

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

13 Funds (continued)

Unrestricted funds represent:

General - general unrestricted funds to be used at the discretion of the Trustees.

Designated Funds - for the creation of new work and artistic investment, vehicle replacement and new equipment.

Funds – Prior year

Funds – Prior year Funds – Prior year
At 1 April Incoming Resources Transfers At 31 March
2022 resources expended 2023
£ £ £ £ £
Restricted funds
Income Grants/Commissions
/Donations
Saintbury Trust 2,000 - (2,000) - -
Golsoncott Trust 1,000 - (1,000) - -
W E Dunn Charitable Trust 500 - (500) - -
MAC Birmingham 5,000 - (5,000) - -
Creative Alliance 250 - (250) - -
29thMay 1961 Charitable Trust - 5,000 (5,000) - -
Coventry University - 6,000 (6,000) - -
Edward & Dorothy Cadbury Trust
-		 1,000 (1,000) - -
Birmingham Hippodrome - 10,000 (10,000) - -
Warwickshire County Council - 680 (680) - -
Leamington Spa Town Council - 1,200 (1,200) - -
8,750 23,880 (32,630) - -
Unrestricted funds
General 245,185 1,238,722 (1,200,301) (55,000) 228,606
Designated funds:
New work & artistic investment 200,000 - - 50,000 250,000
Inflationary pressure - - - 60,000 60,000
Vehicle replacement 70,000 - - 20,000 90,000
Risk mitigation/covid recovery
 75,000
 -
 -
 (75,000) -
Total Unrestricted funds
 590,185
 1,238,722 (1,200,301) - 628,606
Total funds
 598,935
 1,262,602 (1,232,931) - 628,606

Page 38

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

14
Analysis of net assets between funds
Tangible
Net current
fixed assets
assets
£
£
Unrestricted funds
67,230
624,944
Restricted funds
-
-


67,230
624,944
Analysis of net assets between funds – prior year
Tangible
Net current
fixed assets
assets
£
£
Unrestricted funds
67,577
561,029
Restricted funds
-
-


67,577
561,029		 Total
£
692,174
-

692,174
Total
£
628,606
-

561,029

15 Financial commitments

As at 31 March 2024 the charitable company had financial commitments in respect of Houseworks Arts Limited of £150,300, comprising £122,400 annual fee and £27,900 Royalties and Choreography fee (2022/23: £125,900).

16 Capital commitments

As at 31 March 2024 the charitable company had capital commitments of £nil.

17 Operating leases

Total future minimum lease payments under non-cancellable operating leases are as follows:

Expiry date:
Not later than one year
Later than one and not later
than five years
Total		 Land and Buildings
2024
2023
£
£
43,717
43,403
32,600
76,317


76,317
119,720

 Other
2024
2023
£
£
-
-
-
-


-
-

Page 39

MOTIONHOUSE

NOTES TO THE FINANCIAL STATEMENTS (Continued) year ended 31 March 2024

18 Related party transactions

The Trustees have considered the disclosure requirements of Accounting and Reporting by Charities: Statement of Recommended Practice (FRS102) and of Financial Reporting Standard 102 and considers that the transactions requiring disclosure are as follows:

Kevin Finnan MBE and Louise Richards FRSA, Artistic and Executive Directors, are employees of Houseworks Arts Limited that charged fees for management and direction services as well as choreography fees and recharged expenses to Motionhouse under a contract for supply of services as follows:

2024 2023
£ £
Management and Artistic 122,400 120,000
Choreography fee - 20,000
Royalties 5,900 2,100
_ _
128,300 142,100

Note – Choreography fee is dependent on new productions being made.

19 Reconciliation of net income to net cash flow from operating activities

2024 2023
£ £
Net income for the year 63,568 29,671
Interest receivable (9,567) (1,498)
Depreciation of tangible fixed assets 30,437 25,358
Increase in stock (312) (778)
Decrease/ (increase) in debtors 96,891 (114,088)
Decrease in creditors (7,898) (99,262)
__ __
Net cashflow from operating activities 173,119 (160,597)

Page 40