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|TRUSTEES' REPORT
31 March 2023|TRUSTEES' REPORT
31 March 2023|
|---|---|
|One of the key elements
of our new strategy
is our values as they underpin
everything
we do||
|and define the culture we are working to create:||
|Value|Rationale|
|Rooted|We are proud of our heritage as a Black British founded
dance compan|
||born
in Leeds. It is from this foundation
that we reach further and do mor|
||each
ear.|
|Representative|We seek to be Inclusive
In our practice, to provide
equity
of opportun|
||for our audiences
and communities,
and to increase representation
of th|
||Black British Caribbean
community
and other under-represented
group|
||in the contem
ora
dance sector.|
|Culturally|We seek to be relevant
to audiences,
existing
and
new,
and to creat|
|relevant|work that speaks to the culture, dreams,
challenges
and aspirations
of th|
||communities
ween
a e involve
andre
resent.|
|Collaborative|We deepen
our audience
engagement,
expand
our creative
output
and|
||broaden
our reach by working side by side with partners
across the secto|
||and be ond - locall
natlonall
and internationall
.|
|Open|We are open and transparent
in our communication
and engagement,
ar|
||curious
and seek active dialogue
with our audiences,
communities,
an|
||partners.
We seek to work
In an empathetic
way
and
to promote
th|
||health
and wellbelng
ofthose we work with. We continually
seek to lea|
||and
row.|
|Leading the|We are bold on behalf of the people we represent
and work with. We us|
|way|our
platform
to provide
opportunities,
advocate,
nurture
talent,
ampll|
||voices, celebrate success, and challenge
the status quo. We continue
t|
||de
ex ectations and move the boundaries
ofwhat is
ossible.|
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|REFERENCE AND ADMI|REFERENCE AND ADMI|REFERENCE AND ADMI|NISTRATIVE
DETAIL|
|---|---|---|---|
|Charity number:|||516672|
|Company||number:|1921513|
|Principal|Office and|||
|Registered||Office:|StCecilia Street|
||||Quarry
Hill|
||||LEEDS|
||||LS2 7PA|
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|law. The trustees
a
follows:|nd o|fficers who|served during the year and si|
|---|---|---|---|
|C Redwood-Sawyerr||||
|FConteh||(appointed|13December 2022)|
|L Katerega||||
|D Mitchell||(appointed|13December 2022)|
|J Nlcholls||(appointed|13December 2022)|
|P Plumtree-Varley||(appointed|13December 2022)|
|L Rebbeck||(appointed|13December 2022)|
|J Rivers||(appointed|19April 2023)|
|8 Robinson||||
|EWhite||(appointed|13December 2022)|
|C Wright||(appointed|13December 2022)|
|LVan Zyl||(appointed|13December 2022)|
|Company Secretary||||
|C Charles||||
|Key Management|Personnel|||
|Chief Executive Oflicer||J|Coleman-Peers|
|Artistic Director||M|J Willis (appointed
July 2023)|
|Executive Director||C|Osborne|
|Our Advisers||||
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|(Including
Income|and|E|xpenditure
Acco|unt) for the|year ended 3|1 March 2|023||
|---|---|---|---|---|---|---|---|---|
||||||2023|2023|2023|2022|
||||||unrestricted|Restrkted|Totel|Total|
|||||Note|Funds
E|Funds
E|Funds
E|Fundsf|
|INCOME|||||||||
|Donations
and Grants||||3|498,146|0|498,146|491,971|
|Income from Charitable||Activities||4|149,732|73,755|223,487|496,608|
|Investment
Income|||||311|0|311|148|
|Total Income|||||648,189|73,755|721,944|988,727|
|EXPENDITURE|||||||||
|Costs of Raising Funds|||||6,200|0|6,200|7,150|
|Expenditure
on Charitable|||Activities|5|724,368|104,686|829,054|1,025,608|
|Total Expenditure|||||730,568|104,686|835,254|1,032,758|
|Net expenditure
and|net movement||||||||
|in funds for the year before tax credit||||9|(82,379)|(30,931)|(113,310)|(44,031)|
|Theatre Tax Credit||||10|0|0||16,180|
|Net expenditure
and|net movement||||||||
|in funds for the year after tax credit|||||(82,379)|(30,931)|(113,310)|(27,851)|
|RECONCILIATION|OF|FUNDS|||||||
|FUND BALANCES|B/F||||277,560|59,096|336,656|364,507|
|FUND BALANCES|C/F|||14|195,181|28,165|223,346|336,656|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Note|||
|Cash absorbed
by||||||
|operating
actlvldes|||17|(118,188)|(151,087)|
|Theatre Tax Credit received||||16,180||
|Cash Rows from investing|activities|||||
|Interest Income||||311||
|Purchase of tangible
fixed assets||||502|3,727|
|Cash used in by Investing|activities|||191|3,579|
|Decrease In cash and cash||||||
|equivalents
in the year||||(102,199)|(154,666)|
|Cash and cash equivalents|at the|||||
|beginning
ofthe year||||282,935|437,601|
|Total cash and cash equivalents||at the||||
|end ofthe year||||180,736|282,935|
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|||2023|2023|2023|2022|
|---|---|---|---|---|---|
|DONATIONS
AND GRANTS||E|E|E|E|
|||Unrestricted|Restricted|Total|Tetra|
|||Funds
E|Funds|Funds
E|Fundsf|
|Arts Council
England||436,395|0|436,395|436,395|
|Leeds City Council||61,751|0|61,751|55,576|
|||498 146|0|498,146|491,971|
|||2023|2023|2023|2022|
|INCOME FROM CHARITABLE ACTIVITIES||E|E|E|E|
|||Unrestricted|Restricted|Total|Total|
|||Funds|Funds|Funds|Funds|
|Grants||||||
|Ellerman
Foundation||0|0|0|50,000|
|Garfield Weston||0|0|0|167,441|
|Healthy
Holidays||0|2,646|2,646|17,000|
|Heritage
Lottery||0|24,000|24,000|44,397|
|Jlmbo's
Fund||0|4,600|4,600|0|
|Leverhulme||0|42,509|42,509|7,048|
|Other Grants & Donations||19,010|0|19,010|28,697|
|Coronavirus
Job Retention Scheme||0|0|0|17,491|
|Fees &Other Income||||||
|Touring
& Production|Income|46,811||46,811|117,740|
|Education Fees||65,582||65,582|46,794|
|Other Income||18,329||18,329|0|
|||149,732|73,755|223,487|496,608|
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|ANALYSIS O|F EX|PEND|ITURE ON CH|ARITABLE ACTIV|ITIES|||
|---|---|---|---|---|---|---|---|
|||||Prcduceccs||||
|||||sothe|Education|Total|Total|
|||||2022|2022|2022||
|||||E|K|E||
|Production||||32,610|0|32,610|67,055|
|Heritage Project||||18,179|0|18,179|26,366|
|Choreographic|Composer||Lab||0|0|0|
|Digital Works||||3,000|0|3,000|13,933|
|Touring||||16,567|0|16,567|62,795|
|Staffing Costs||||346,536|82,127|428,665|559,013|
|Training
& Physio||||17,769|0|17,769|19,804|
|Education||||0|50,464|50,464|58,074|
|Marketing
/ Audience||Development||13,091|0|13,091|22,287|
|Building Overheads||||85,737|0|85,737|77,197|
|Administration||||46,977|0|4B,977|31,970|
|Legal and Professional||||56,677|0|56,677|28,982|
|Depreciation||||39,022|0|39,022|40,097|
|Governance
Costs||(see note 6)||6,000|0|6,000|6,500|
|Support Costs|(see|note|6)|14,296|0|14,296|11535|
|||||896463|132,591|829,054|1,025,808|
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||2023|2022|
|---|---|---|
|STAFF NUMBERS &COSTS|E|8|
|Wages &Salaries &Other Emoluments|320,905|454,839|
|Social Security Costs|22,721|33,747|
|Other Pension Costs|5,356|8,317|
||348,982|496,903|
|The average|number|ofemployees|during the year, calculated|on the basis of full time equivalents,|on the basis of full time equivalents,|
|---|---|---|---|---|---|
|was as follows:||||||
|||||Number|Number|
|Administrative|Staff|||6|4|
|Artistic Team|&Technical Staff|||9|19|
|||||15|23|
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||Equipment|
|---|---|
|COST|E|
|At 1 April 2022|304,053|
|Additions|502|
|Disposals|0|
|At 31 March 2023||
|DEPRECIATION||
|At 1 April 2022|242,116|
|Charge for the Year|39,022|
|On Disposals|0|
|At 31 March 2023|281,138|
|NET BOOK VALUE||
|At 31 March 2023|23,417|
|At 31 March 2022|61,937|
|||||2023|2022|
|---|---|---|---|---|---|
|12|DEBTORS: amounts||falling due within one year:||E|
||Trade Debtors|||104,060|53,059|
||Other Debtors|||0|19,688|
||Prepayments|&Accrued Income||6,400|3,177|
|||||110,460|75,924|
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