Charity registration number 7028011England and Wal0$1
Company registralion number 02490618
DANCE NORTH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

DANCE NORTH
LEGAL AND ADMINISTRATIVE INFORMATION
Truslees
MS L Turner-swift
Ms S Dewar
Mr M Ross
M5 C MGMurchie
M$ S Marland
MrA kk)pe
{Apwinted 1 May 2025)
Secrelary
MrA 8hatt
Key Management P•r8onno1
MrA Bhatt
Dr G Kleinan
Ms C Johns
Ms A Denlith
CEO Artistic Director
Head of Higher Education
Execultve Director
Senior Markeling Manager
Charity numbèr
702801
Company number
024￿18
Rggi¥ter•d offlce
Da￿ Ctty
Temple Streel
Newcastle upon Tyne
NE14BR
Auditor
RobsM Laidler Ac£wntsnts Limrted
Femwood House
Femwood Road
Jesmond
Newcastle upon Tyne
Tyne and We
England
NE2 1TJ
Bankers
Bardays Bank p
71 Grey Slreet
Newcastle upon Tyne
NE99 1JP
Solicitors
Muckle LLP
Time Central
32 Gallowgale
Newcastle upon Tyne
NE1 4BF

DANCE NORTH
CONTENTS
Page
TTUStees' report
Independent audiiorfs report
9-11
Slalemenl of financial activities
12-13
Balance sheel
14
Slalemenl of cash flows
15
Notes to the financ4al slaternenls
16-28

DANCE NORTH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The Iruslees present their annual report and finanoal stalen￿ts frs the year erKled 31 March 2025.
The financial stalements have been prepared in accordance wsth ihe accounting poI￿leS set out in note 1 lo the
financial statements and comF4y with Ihe tharily's governing document, the Companies Acl 2006. FRS 102 "The
Financial Reporting Standard app￿.cable in the UK and Republic of Ireland. and the Charilies SORP "Accounbng
and Reporting by Charities. Statement of Recnrnn￿nded Practice applicable lo CharIt￿S preparin9 their accounts in
accordan￿ with the Financial Rep)rting Slandard applicable in the UK and Republ￿ of Ireland (FRS 102)".
Objg¢tivos and actfvltles
Objects and ainis
The charity is governed by ils constitution and ils main obje￿1Ve is thal of promotv)g. mainlaining, improving and
educating by Ihe eno)uragemenl of the arts induding dance. drama arKI MUSK.
Fundraisi￿ disclosurgs
The charity is required lo report how il deals with lundraising from the putlic. The charity has wothed in this year
with a employed Pfofessional fundra￿er from the period of Aprl 2024 to March 2025 to develop a grant pipeline
from foundations and trusts. Any MOn￿S raised direct from the public follows al guideline$ sel out by the Charity
Commission and UK law in every respect. We respect the prtvacy and contact prelerences of all public dorK)rs.
PUbr￿ benefil
The trustees confim) thal they have corn￿.ed Ythh Ihe requirements of sethon 17 of the Charities Act 2011 to have
due regard lo the public benefrt gu￿anCe published by the Charity ccffimissi￿ for England and Wale5.
Achievgmonts and perfomiance
Sigiiiffcant activifr'os and achiev8nienls ag&nsl Ob￿￿1Ve&
Dano City's primawy chantablè objeclive is that of Pfomoting. ma￿taInIng. improving and educating by the
encouragement of Ihe arts Ihrough da￿, drama, nyjsic and other arlforn)s. Our mis￿on is to make gfeat dance
experiences possible.
Dance City is catalyst, Gonvenor, and creator of excellent dance and movement experiences ffom the North East,
for the North East and beyond. We act as a home and Incubator for artists, a place where partiupanls and
aud￿nceS can experience dance and a place fcw students (induding participants of non-accrediled learning) to leam
and creale. Dance City is not a building, Dance City has a building beyond our base in Newcastle we work acros5
the North East, including TeeS￿de. lo deliver t)ui aGlivities and prr)grammes.
In partnership wilh our stakeholders and funders. Dance City has been acaive in delivering our programmes
supporting the three cornefstones Klents'fied in our LMJsiness ￿n.
Arts
Leaming
Heatth
have a lifelong learning offer in dance. and we have been engaging with colleagues to identify how distinct
strands of Work dehvered by our programmes w work with one another to engage more people in dance.
In 2025, Dance City c￿lebrate5 its fortieth anniversary. The or9anisalion has plans for a series of events and
initiatives lo mark this fflileslone. In 2*25 Dance City was successful in its application lo National Lottery Hentage
Fund lo support the develowient of an archive and explore the heritage of Ihfee dance foTm5 in the North Easl
includin9 Ballet. Breakn'n. and Folk Oance. It ts inlended to pave the way for further explorats'on of dance henlage
the region.
Our fortieth year will mark the launch of our 40 Million Minutes CampawJn. Our pledge lo deliver 40 Million Minutes
of dance be￿een our fortieth and fi"th"eth ￿1verSar1e5. Along with It a fundrai￿n9 endeavour of £4million lo Secure
Ihe future of dance for the North East.

DANCE NORTH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The outlook for publicly funded dance is slill difficuft. 24-25 was another yeaf where Dance City Iraded a deficit
position. The organisalion's delivery in Higher Education Programmes in Dance in partnership with Universily ot
Sundetland will close Summer 2026. GCSE and A-Level dance lake up al schools has essentially fallen by half
since 2010 meaniny a narrowng of the pipeline applying lo dance courses in Hgher Education. The org8nisalion
also received In year funding cuts for the Centre for Advanced Training.
However, the business plan calls for a pivol In the bU￿￿eSS model, and new eamed income will become more
central to ensure we are H resih.ent organisats"on. Dan￿ City launched The Seven Bndges world kitchen in
collaboration with West End Refugee Service. A number of new theatre hire5 and privale hires in our studio have
offered new ways lor Dance Cily lo brir¥J new people into the I¥￿'1ding, and new dialogues what Gan be possible
by working with these new groups.
Higher Educallon
Desprte S￿nIficant thallenges faring the HE sector nalionaly around dano educat￿n. our Higher Education work
in partnership with University of Sunderland conlinues lo prowde St￿jentS with relevant and ifflpactful
undergraduate provision. In summer 2024, 9 students graduated with BA (Hons) award. Of those. 4 achieved a 1 &1
Class Award. 4 achieved a 2..1 Award. and 1 achieved 8 2..2 Award. Student5 worked with a range of artists
including Ballet Cymru. and Gillian Dickinson Trust commisNonees, Pelican Theatre, to create andloi presenl new
work. September 2024 saw delivefy of Ihe BA Pfogfamme Irevalidated the year prior) equip studen15 with a portfolio
of practical, reflective and professK)nal skills, and opportunilies for en9a9ement with live perfomiance, collaborative
prqect working. and experience in industry contexts.
CAT
Dance Crty's CAT ￿ part of Ihe Department for Educalion s (DEI Music ar￿ Dance Scheme offering dance trHiiiing
for young people, a9ed 10-18. Means lesled grants afe available so affordability is not a barrier lo taking part.
Dance City also supports families with tuition and travel burSar￿S_ The 2024-25 year saw 117 student5 participale
across Newcastle and Sundertand in both contemporary and slreel dance programmes. 769h of whom were in
receipt of means-tested DE funding to cover all or part of CAT tUrt￿n fees.
Over 50 educational eslabh'shments were worked with engagmg over 1.653 students through 1 off workshops. with
163 5ludent5 engaging in youth groups and lasters whieh has provided eaming opportunities for these young
people to join the CAT here al Dance City CAT Inlen5ives look place with Rendez-vous Dancè, Avant Garde,
Hofesh Shechler as well as supporting young and upcoming artists. Other engagements were with Ihe Gillian
Dickinson Trust commissionees - Peh'can Thealie.
Classes, Workshops. & Events
Our pubbc classes programme conts.nued lo deliver inspiring dance expenences lo thousands of participants. In
2024-25. we delivered 3.888 dasses. attra¢tirYJ c105e to 31,300 attendances. and engaged 44 artisls as
instructors.
We provide a diverse range of Glasse3, ¢overing genres Ifom Ballet Primary to Bollyw¢)od and Vinyasa flow yoga lo
Commerual. for ages from under 1 to 70+ and levels from beginner lo advanced .As more people join u5. we
remain committed to experimenting with diverse and exciting dass offèrings.
In 2024-25, 12 new classes were Introduced based on cuslomer feedback. induding Argenline Tango. Commercial
554 House and Ballet 55* Improver51Advanced We also taunthÈd Break City. a new youth company aimed al
young breakers who want lo develop breaking iechniques through weekly session5. Additionally. we intr¢)duced ABC
dasses. designed as absolute beginnef courses in darKe genres such as Samba. Jazz. and Tap.
We Continued our popular aerial 'Hang out and dance. Workshops for (*ldren arvj adults. and introduced adult
Bhangra workshops.
Our regular dance &*nps remained successful. induding the October Haloween Camp. as well as February and
May half-lerm camps, complementsng Olir existing Easter and Summer camps. These continue to be popular,
offering chsldren intensive yet informal learning opportu￿tIeS during school holidays.

DANCE NORTH
TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
In summer 2025, we also launched three-day masterda5ses for 12-19-yeaf-olds. featuring leading dance
companies and artists, including Akram Khan Company, Gawn Mccaig from Northem Ballet. and New Adventures
Isir Matthew Bourne)-
Our theatfe hire programme has been extensive, supporting a %*ide range of 5d￿S and regional dants institutions
with Iheir seasonal shi)ws. induding Baby Ballet North TYne￿de. Royal Opera House and Youlh Ballet North. We
have also expanded hires beyt)nd dance. welcoming dients sud) as Waterstones aTh1 Seed talks broadening the
range of organisalion$ using our thealre space.
Engagement 24-25
The Dance Cty Engagement Team has alwJr*d all yc)Jrafflrne planning and delivery with the organisalion s NPO
targets, with a path'Gular f(￿u3 on thildTen and young people and older people.
The team defvered a wide range of actimty auoss the region that Y￿￿(￿antfy broadened reach and strengthened
partnerships. For the Over 55 programme. a total 01256 sessK)ns were dehvered auoss the region, all ol which
took place oulside of the main Dance Cily building and included the regular perform3nGe offer of the Boundless
Company which is delivered in house. Across these sessions. 503 indiwdual partiapanls engaged. genefating 4.246
total attendances.
The 8oundless Company continued to grN, wrth membership *￿easIng to 15 fo1(￿1ng auditions held in Mar¢h
2025, and the company also ccllaborated with Knslin KeMy-Abbott for two and a hall terms ihroughoul 2024-25.
Their work was performed as part of Danc* City's 40th anniversary celebrat*)ns aTrJ ai the Ehjrharn Fringe Festival
and was proles$ionally filmed to support fulL￿e promoiKx￿l use.
The Hexham Hub also formed a key part of the Over 55 programme. offering three regular weekly classes Ihal
con*stenUy attracted between 10 and 15 partKipants.
Addrtional Pfogramme acb¥ity induded a partnerslup wth Searth, which resulted In Memory Tea workshops and a
performance at Chapel House. as well as a relalionship wrth the Chinese Healthy ￿VIng Centre through which
further wotkshops were delivered. The Inspire Festival. held across Dance City and Queen's Hall, engaged 67
participants through workshops ￿￿1 a sharing,
We were successthjly awarded the Sir James Knott grant. securing £15,000 over Ihree years Irom March 2025. This
lundtng 15 specffically intended Io sUPW)rt the expansK)n of over 55 provision: part￿larIY in the Northumberland
area. Age UK taster sessions were also delNered as part of the bro*T wowamme and started with taslern in
March 2025.
The engagement team delivered 68 sesfdons in schools. working with 573 individual young people and generaling
2,668 lolal altendances. The programme established and maintained a number of school partnerships, including
Moorside Primary Sthool for a lerm-lon9 programme of t4velve weekty sessions. Clavering Primary School for a
Dance in a Day workshop. Mafden High School for an after-school pro9ramme. Hebbum Comprehensive School for
workshop day and Richard Avenue Primary School where CPD was delwered lo 20 teachers.
Through the Ballet Cymru Romeo and Juliet offer. 6 schools pwtiupated in workshops in¥olwng approximately 200
young people across pnmary. secondary and SENO sethngs.
The team also delivered a Dance in a Day programme for the South Tyneside Schools Partnership. attended by 38
young people from a range of schools. and delivered the regonal U.Dan¢e platfom in March 2025, which tealured
90 young perfomiers.
Through Ihe delivery of both strands of the programme. Ihe En98gement Team has been atAe to rewew and refine
ils strategies for work wilh older people and wilh children and young people lo establish dear priorilies and forward
plans for the next Ihree years. ensuring continued development and growth of both programmes.

DANCE NORTH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Th8atrn Progrnmme
Dance Cily has a 240-seal theatre for presenb'ng professional dance performatKe$. These range from small to
medium scale and prodU￿d by artists and companies from Ihe North Easi, natM)nally and intemalionally. The aim of
this programme is lo present a divefse range of high-quality dance perfOr￿ar￿￿3 to North Easl audiences and lo be
a key touring deslinalion for independent athsls. The theatre is also used for community and educalional
performanrKs, a residency space for research and developfflent. public classes. commercial and non4ance
performanceslevent and for external hires. However. the main function of the Spa￿ is for the Pfesentation of
professional dance performances.
During 2024r2025. 17 performance ovenls were held with a toial of 23 indiv￿ual perfomances. These were:
Ten Thousand Tons of Mr)onlight by Fengling Producti￿$
Surge and Submisston by T¢Jn Dale Company
Souls and Cells by Akeim Toussainl Buck and Crystal ZilKvi)od
Kontemporary Korea: A double bill of K-Dance by Sung Im Her and Melancholy Dance Theatre
Rainbow Bulte(ffly by Ella Mesmer
One Bird by Amina Khayyam Dance Company (CO￿reSented by Genth)
Past and Future by Eliot Smith Dance
Curious Ball by Curious Arts
Many Lifelwnes by Yewande 103
Bombay Supersiar by Ph￿z￿l Produdions
The Flockimoving Ck)ud by Scottish Don￿ Theatre
Dance Edils by Dance City
Imago by Pett Claussen Knight
Stones of a Walersprile by Sophie Nuzel Pfoiects
Romeo and Juliet by BaNet Cymru
Dance Edils by Dance City
Emptiness Floating Through Mdasses by Tong and Jxob
Artist Dgvelopmont & Breakfasts
Dance City offers a range of artist development aclivtly opportunities. This can be in Ihe form of artisl sludio or
technical residencies for research and devebpment. rehearsa15 and Commissi￿ing opportunilies for new work.
business skills development programffles and Pfofes5ional class for artists contsnued training. Dance Cily is also
involved in regional and national partnership netwofks with a focus the devekspmenl of dance artists_ Six art15t
breakfast were hekl across Ihe year. These breakfast meetirigs give artists the opportunity to ffleel and discuss
Kleas wrth Dance City s Gfealive team
Professional Class
Dance City: Pro CFass is offefed ￿lce weekfy. Thi5 is mainly delivered as a ballet pro-class, although Ihi5 does vary
with some contemporary dasses offered In addilion. In 2024125. 77 pro-baHel dasses were delivered with eleven
additional proGesses offered by artisls-in•resKJence.
Commissions
2024125 saw the continuation of the partnership wilh the Gillian Dickinson Trust into its secorKI and third year,
Yewande 103 presented Iheir commissioned work, Many Lifetimes in June 2024. For Ihe third yeaf of the Gillian
Dickinson Trust commissions. the commission was joined by a third commissioning body, the Northumbedand
Dance Development fund. This commission was awarded lo Pelican Theatre. a North Easl based dance company,
Pelican Theatre worked wilh Danee City's BA and CAT progfammes in eady 2025 and will present their
ommissioned woth, Kyl￿ Jemer's Privale Jet in Apnl 2025. The Gillian ￿'ckIn$On Trust commission has also
enabled Dance City to work in partnership with Ballei Cymru lo offer five free•tO-arLes5 relaxed malinee5 for school
children from a range of diverse schools atfOSS the North East. 1075 young people attended these free school
matinees. Ballet Cymru also worked with Dance Cty's BA and Cal programmes as part of Ihis partnership.

DANCE NORTH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Professional Space
Dano Ciiy offers studio space to registered (with Dance City} professional artists. This is offered al a small charge
of £3.50 and hour for a small Stud￿ or £6 for a large studio. In 2024125, 704 hours of studio time was used as
professional space.
Residencies
Dance City offers both studio and techntcal resKlencie$ throughout the yeaf. During the out of term summer period
Dance City offers rt$ studios lo artisls, both regionally and nationalfy based. to use on an in-kind basis for a period of
one week. Across 2024125 a total of 210 days were offered in art15t residencies. Arts"sts who were involved in the
summer residencies induded".
Katherine Willrett
Zoe Leigh Gadd
Rachel Sullivan
Emma King
Pelef Groom
Pelican Thealre
Beth Veitth
Ceyda Tanc Dance
Cola WI1￿￿5
R05a Mccreery Slourac
Eve Walker
Penny Chivas
Patrick ￿Za
Several of the artist developed their ￿eaS to be performed in Dance Edits. a d￿ce suatch plalform, ¢uraled by
Dance City in October 2024 and January 2025.
Forward Freelancing
Dance City partnered with Creative Uk lo deliver a busmess skills devÈlopmenl programme for artists al the
beginning of their freelance or creab.ve business careers. This was delivered in two phases, a senes of seven tree-
Iop-access open workshops covering different aspects of creative bu51nes$ skli Is. and an inlensive mentoring
programme. Overall, the programme engaged 40 freelance artists wilh 10 joining the intensive menloring
Pfogramme. These arttsls were:
Eve Walker
Alyssa Lisle
Hayley Walker
Hannah Gordon
Lila Nawse
Lucy Minla Reeves
Mèlissa Davy
Phebe Mae Dalby
Natalie Halaseh
Ula Campbell
Partnership Netwo￿9
Outbound
Qulbound is an initiative that seeks to enpower artists YA)0 wanl lo buikj networks. (elationships, audiences and
opportunilies oul%de their local base. The Outbound partners were Danc£ City. FABRIC. The Place, South East
Dance, Dance East. Northern School of Contemporary Danc￿ and Yorkshire Dance. Dance Cily's nominated artists
that look part in tIM'5 prograrnme were Jesse Salaman and Toi IActoria
L)8nce in The North
Dance City is a Member of this network of northem dance organisalions. Tlys networf( is lo¢used on closer working
between organisalion in dance artist development. This ne￿Ily￿ i& led by Yorkshire Dance and in partnership wilh
The Civic in Barnsley. 8radford Arts Centre. CAST Theatre in Doncasler. Cheshire OanGe. Culture Warringlon,
Lancaster Arts, Lowry in Sallord and Northern SC￿￿ of Contemporary Dance.

DANCE NORTH
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal revlew
Policy on r8sewes
Tho Trustees have reviewed Ihe charity's needs reserves in line viilh the guidance issued by the Charity
Commission. hawng reviewed the nsks faang Ihe organisation, seeking lo maintain a level of reseFves which
enables Ihe charity to opefale effectively with financial slability and the means lo fulfil ils charitable purpose. The
Truslees aim lo hold a level of unrestncted reserves whith enables the charity lo have sufficient workj.ng capital to
continue to operale and also refiecls the risks associated with shorttalls in fundirrfJ. especially wilhdrawal of support
from existing lunders.
If allernalive sources of lunding were not forthcoming or if there was a shorffan in meeting earned income targets.
Ihen Ihi5 amount would provide the means fof Dance City to settle any oulslanding contracts. restfuclure and, in the
wor31-case scenario. dose the company in an ordety rnannei. We have rewewed Ihese costs In ielation lo staiulory
redundancy pay and the liabilities for our building lease. We have calculated these as follows. £75.OtX) for slatutory
redundancy costs, £170.000 for the building lease, insurance and services for which we have an annual break
clause.
Therèfore, the Trustees anlicipale the unrestricted reserves needed to fulfil these crrteria as £245,000 as a
minimum, and the target level of unrestricted reseples lo be £250.tJ30. The charity's lolal unTeslriGted reserves al 31
March 2025 are £361.853. Free resenfes. defined as r¥on-designaled unrestvicted reserves minus the £207.809
value of unreslricled tangible fixed assets. are therefore £154.044 and Iherelore lall below the target range. The
Trustees aim. Ihrough Iheir budgeting processes, lo restore free reserves to wrthin the target fange wilhin three
years.
Going concem
The charity's ft)recasts and projecti￿$ fcK the nexl 12 mMth$ Sh￿ that the charity w￿1 be able lo continue in
operational existence for that per*)d, taking into account reasonable possible changes in trading performance and
the potential impact on the chaiity of possible future scenartos aris￿9 from the Impacl of COVID-19 or olhef
external shock of similar scale. This also mnsider5 the effecliveness of available measures lo assist in mitigating
Ihe irnpact. The charity has positive cash balances and is forecasting for thi5 to continue to be the case. The
Irusiees have slress-tesled their forecasts, laking into account varK)us scenarios. and remain confident Ihal the
uncertainties do not cast significant doubt on the company s abilsly lo continue as a 90ing concern.
Resefwes policy
The Resep4es Poficy was last reviewed and approved on 9th December 2025. The Board regulady reviews the
level of reserves Ihal are requred to ensure Ihal Ihey are adequale lo lulfil our continuing obli9alions and lo allow
Ihe organisalion to fulfil ils charitable purpose.
Invoslmeni policy
Inweslinenl policy and obJ'écliv&s
The charity's funds are witrol￿ by the directorn. who also aci as trusteés. invest with a view to maximising
annual investment income while mainiaining capital growth in line with market trends. The attached financial
slalemenls show the cuffenl slate of finances which the trustees C￿SIder lo be sound. The Iruslees can invest any
sums or investment5 received by them in Investments in which Ihey are by law authorised to invest money, with
power Irom lime lo time lo change for others of a like nature.
Risk Managen￿nI
The Iruslees are responwble for keeping proper accounting records arKI saleguarding the assets of the charilable
company. We have assessed the major risks to which the charity is exposed, in p2rticulaT those relating lo the
operations and finances of the charity- We are sa115fied that systems are in place to mitigate the exposure to the
major risk5.

DANCE NORTH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plan8 for future periods
The fundraising landscape for publicly funded arts is thanging more quickly than ever. And Dan￿ City must slay on
lop of these ever-mowng ledonic plates. 24-25 was a Launching 40 mill￿n Minutes Campaign has given the
organisalion motivalb)nal energy to engage in a £4millM fundraising Campa￿￿.
The dosur¢ of our Higher Education prwamme has Cornme￿ed an internal ¢￿Versat￿)n about what role Dance
Cily will play in advocating for dance education for young peopk. It wil preci￿late w) a young people's engagem&nl
St￿tegY 25-26.
The organisation has been getting ready to expkye how the 'Heallh' t￿ne1$tOne is emboldened through our
programmes. A projecl working with oldef people in rehabilitation settings wi partnership wrth the NHS delivered in
25-26 lay6 Ihe fout)dalion and ￿tentiOn of how we work in lulure. Ouf partnership with Queen's Hall Hexham. to
deliver dance with older people aTrJ Barbour Foundation funded work with older people in Northumberland has
encouraged Dance Cty lo wrrte separate strategy for our work wrth older peopl8.
Dance City expects lo continue ts relati￿Ship with Arts Council England as a Nalional Portfolio Organisalion in its
urrent fomat up to March 2028. We have welcomed lo Ihe building SCL The Worx College who delivef 8TEC
ci)urses in dance and performance to 16-18 year olds.
In 25-26. with generous support of Gillian Dickinson Trusl. we will programme Ballet Cymru's Giselle following on
from the collaboration in 24-25 wtth Romeo and JulieL This t)ecember progiamming. along with schools residencies
in February. will reaGh over 1 SCK) ¢hihJren and young people. This supwrted Is offered for a further Iwo years. We
also have generous support from the Leverhulme Trust to support grfted and talented individuals with an access
pathway to prerypr0fe5￿Ona1 training on our CAT Programme. This WC>th from 2&26 will be for three years.
Our Seven Bfidges ￿tCher1 has received funds from The Reach Fund and National Lollery Awards for All lo support
the projecl for a further stage of dévelopmenl including how peorle seeking sanctuary fflay engage with Dance Cty
programmes and express their own cuttural aspirations through our building.
structure, governance and management
Naluie of goveming dociimenl
The Company is limited by guarantee and its goveming documenl is ils Memorandum and Art￿eS of Association.
dated 9th April 1990 and last amended 16 May 2019. The governing body of the company is the board of direclors.
who also acl as trustees f(y the charitable company. hold no shares in the chantable company, bul each mèmber is
a guarantor of the charitable company lo an amount not exceeding £1 in the event of winding up. New member5 of
Ihe board are elected by the l)oard or by the members of the tharitable ojmpany in Genefal Meetings.
The trustees, who are also the directors for the purpose of o)mpany la•V. and served during the year and up to
Ihe dale of signature of the finan(ial statements were-.
Ms L Turner-svnft
(Appointed 1 May 2025)
MsLRCase
(Resigned 21 Oclober 2024)
Ms S Dewar
MrMRo
MSA Kenrick
Ms C Mcmurchie
Mr D F Haley
Ms S Marland
MsPJFox
MrA Hope
Ms T J Pelrides
Ms J Elgie
Mr J A Hails
{Resigned 12 November 20241
{Resigned S FeiKuary 2025)
{Resigned 2 Oclober 2024)
(Resigned 21 Octobèr 2024)
(Resigned 2 October 20241
(Re￿gned 17 June 2024)

DANCE NORTH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Arrangen79nls for setting key Manag9n￿nI porsonriel ￿M￿lnera110l1
The board give Iheif lime freely and no trustees received remuneration in the year. have cons￿e￿d who the Key
Management Personnel (KMP) ot the charity. as noled in Ihe reftsrence and administralive details section. Together
v¥rth the board, these KMP are those in charge of direding and controllirKJ. running and operating the activities of
the charity on a day-lo-day basis. Pay levels are sel u3ing benchmarkin9 togelher with budgel and forecasl
information, ensunng thal the charity can afford any pro￿Sed increases. The Finance. Govemance and People
Committèe agree any uplift to remuneration.
ststement of trustee8' rg8pon8lbS1111•8
Thè Iruslees. who are also the directors ot Danc* North for the Wfpose of company law, are fesponsible for
preparing the Trustees. Report and the finanual slalements in accordance Mth applicable law and Uniled Kingdom
Accounling Standards (Uniled Kingdom Generally Accepted Aco)unting Practice).
Auditor
In accordance with the company's articles. a resolut￿n proposing Ihat Robsffi Laidler Accountants tsmiled be
reappoinled as aUdrt￿ of the G￿npanY will be wl al a General MediNJ.
Dlsclosure of infomiation to auditor
Each of the truslees has confirmed thal there is no Infomi*ion of wh￿h they are aware which is relevant lo the
audit. bul of which the auditor is unaware. They have further confitmed that they have laken appropriate steps to
identify such relevant infofmalion and lo establish that the audilor is aware of such inl(Ymalion.
The trustees, report was approved by the Bowd of Truslees.
M5 L Tvmer-swrft
Trustee
Date..
1711212025

DANCE NORTH
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF DANCE NORTH
Opinion
We have audited Ihe financial slatenwils of Dance Nc>rth (the 'charity) for the year ended 31 March 2025 which
comprise the statement of financial activities. the balance sheet, the slalemenl of cash h)ws and noles to the
financial statements. including sonificanl accounting policies. The finanual reporting framework that has been
applied in Iheir preparation is applieable law al￿ Unrled Kingdom Accounting Siandards, including Financial
Reporting Standard 102 The Financial Repoth'ng Slandard applicable in thè UK and Repubk of lrnland (United
Kingdom Generally Accepted Accounling Pfadice).
In our opinion: the financial siatements..
give a true and faif view of the state of the tharilabbe compary's affairs as at 31 March 2025 and of its
incoming re50urGes and application of resources, indu(th'ng its income and expenditure. for th& year then
ended,
have been property pryed H) accordance wth United Kingdom Generaw Accepted Accounting Practi￿.,
and
have been prepared in a¢￿Idance with Ihe requirements of the Companies Acl 2CM)6.
Basls for opinion
We conducted our autht in accordance with IntematTronal Standards on Audits'ng (UK) (ISAS (UK)) and applicable
law. Our responsib"lilies under Ihose stsndards are further described in the Al￿110￿S respoilstbilit￿S for the audil of
the financial slatements section of our feport. We are independenl of ihe charty in accordancA with the ethical
requirements that are relevant to audit of the finanual slalenients in the UK, induding the FRC'S Ethical
Standard. and we have Ivlfiued t)ur other ethirAI re5p)nsibiltlies in a¢￿dance with these fequirements. We believe
that the audrt evidence we have oblained is suffiuent and appropriale lo provide a basis for opnion.
Materlal uncertalnty relating to going COn￿M
We draw attention lo note 1 to Ihe accounts in rela￿n to the accounting p￿1¢Y on going concem, which indicates
that Ihe charity has made a deficit in the current and previous accounting periods and is forecasting a lurlher dèficit
in the 2026 financial year. As stated in nole 1. these events Indicate that a material uncertainly exists that may cast
significanl doubl on Ihe charity's ability to c￿tinue as a going concem. Ouf opinion is not modified in respect to thi5
matter.
Conclugiong relatlng to golng concern
In auditing the financial slalemenls. we have concluded that the Iruslees. use of the going ￿nCern basis of
accounting in the preparation of the financial statements is appropriate.
Ouf responsibilities and the responsibilities of the tiustees *ith resped to going concem are desryibed in the
relevanl 5eGlions of this report.
Other Infomiation
The other information comprises Ihe nfom)ation irn4uded in the anrtt￿l report othef than the financial statements
and our audrtor's report thereon. The trustees are responsible for Ihe other information contained within the annual
report. Our opinion on the financial statements does not cover the olher Information and. except to the exlent
otherwise explicitly slated in our report, we do not express any f¢Jmi of assurance conduwon Ihereon. Our
responsibilily is lo read the other information and. in doirw so, consider whether the oihef inlormalion is materially
inconsislenl with the financjal statements ￿ our knowledge obtained in the course ol the al￿11. or olhenvi5e appears
to be materialfy misst?ted. If we identify sueh malerial inconsistencies or apparent material misslalemenls. we are
required lo detemiine whether this gives rise to a material mi5stalement in Ihe financial slalefflents themselves. If,
based on the work we have performed. we c¢Jndude Ihal there is a material misstatement of this other infomiation,
we are required lo report Ihat lacL
We have nothing lo report in thi$ regard.

DANCE NORTH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF DANCE NORTH
Opinion5 on other mallers prescribed by the Compani98 Act 2006
In our opu)ion. based on the work undertaken in the Couise ol our audit..
the informalion given in the trustees, report for the financial year for which the finanual slalemenls aré
prepared. whth inGludes the direclors, report prepared f￿ the Purposes of company law. is consistent wrth the
financial slalemenls. and
the directors, (eport induded with'n the truslees. repJrt has been preparad in accordance with applicable legal
requirements.
Matters on whlch we are required to report by oXC0Ption
li) the light of the knowledge and understanding of the charity and ils envmnmenl obtained in the course of Ihe
audit. we have not identified rnalerial misstalemenls in the direGtOTS' report included wrthin the trustees. report.
We have nothing lo report in respect of the followiry mattefs in relation to vthich the Companies Act 20￿ ￿qUireS
us lo report lo you if. in our opinion..
adequate accounling records have not been kept. or returns adequate for our audit have not been received
trom branches nol visited by us" or
the financial 51atemenls are not in agreefflenl wilh the acmunting re￿5 and retums. or
certain disdosures of Iruslees, remunefalion sFeafied by law are not made- or
we have not received aN the informatson and explanations we require for our audit". or
the trustees were r￿1 entitled to prepare the finanaal statements in accordance with Ihe small companies
regime and lake advantage of the small comparn'ès, exemptions in preparry the trustees, report and trom the
requirement lo prepare a stralegic reKx)rt.
Responslbillllès of trustsés
As explained more thlty in the statement of tTuslees' responsTrbililies, the trustees, who are also the dire¢lors of the
charity for the pury>ose of Gompany law. are responsible for the preparakn.on of the Iinancial slalements and for being
satisfied that they give a Ifue and fair view. and for such internal control as the trustees delerffline 13 necessary to
enable the preparation of financial statemenls thal are free from material misslalement, whether due to ffaud Of
error. In preparing the financial stalemenls. the Irustees are responsible for assessing the charily's ability to
continue as a goin9 concern. disclosing. as applicable. matters related lo going concern and using the going
concern basis of accounling unless the Irustees eiiher intend lo liquidate the charitable (x)mpany or to cease
operations. or have no realislic alternab.ve but lo do so.
Auditor's responsibililles for tho audlt of the finan¢lal $tatsments
Our objectives are lo obtain reasonable assurance aboul whether Ihe finanual slalements as a whole are free from
malenal misstatement. whelher due to fraud or error. and to Issue an audilorfs report that indudes our opinion.
ReasDnable assurance is a high level of assurance bul is noi a guaraniee Ihal an audit conducted in accordance
with ISAS (UK) will always detecl a malerial misstatement when il exists. Misstatements Can arise from fraud or
error and are considered mater￿1 rf. individually or In the aggregate. Ihey could reasonably be expected to innuence
the economic decisions of users taken ¢Jn the basis of these financial slalemenls.
The extent to which our pr¢xedures are capable of detecting irregularities. induding fraud, is detailed below.
10-

DANCE NORTH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF DANCE NORTH
The risk of matenal misslatemenl due lo errof or fraud has been assessed in conjunction with how inlernal controls
may mrtMJale any such iisk. These contrcAs are reviewed as part of the audit by perfonning systems walkthrough$
lo ensuré they are opefatt'ng effeth'vely. Analy1￿1 review and substantive testing is also perfomed on all material
balan￿S and Iherefore any instances of non¥comph"ance shoukl be mjenlrf￿d or considered as insignifirAnl. In
idenlTfying and assessing risks of matenal misstalement in r¢speci of irregulan"lies. inthding fraud, the audit
enga9ement team".
obtained an understanding of Ihe nature of the industry and sedor, including the legal and regulatory
framework, in which Ihe charity operates and how the charity complies wilh Ihal legal and iegulatory
frarnework
• inquired with management and those tharged with govemance about their own identrficalion and
assessment of the risks of Irreg￿arit￿. induding any know actual. suspected or alleged instances of fraud
disGussEd with managemenl and those charged with 9ovemance any non-compliance wrth laws and
regulations and how fraud rni￿t indudiry assessments of how and where the financial slatements
may be su5Geptible to fraud.
The risk of management overrmje of controls vrns also considered an area of potential misstatement due lo fraud.
Audit procedures pertonned included testing of manual jwmal entries and other adjustments and evaluating the
business rationale in rela1￿n lo significanl. unusual transactK)ns and transadions enlered inlo outside the nomal
course of business.
A furthef deSUiPlion of our responsibthlies is available cn the Fina￿la1 Reporting Councl's website at: httys.'Il
ww.frc.Ofg uk]auditoisrespon5ibilitie5. This dewwion fomis part of our authto¢s Teport.
Use of our rgport
This report is made solely lo the charitable COMp￿Y'S members, as a Ix)dy. in xcordance wrth Chapler 3 of Part 16
of the Companies Aci 2006. Our audit work has been undertaken so that we rn￿h1 slate to the charitable company's
mefflber5 those mallers we are required to State to tt*m in an auditof's report and for no other purpose. To the
fullest exlent permitted by law. we do not accept or assume responSib￿ty to anyone olher ihan Ihe charitable
company and the charitable company's members as a Ixidy, for OUT audit WLYk. for Ihis report. 01 for the opinions we
have fomied.
Nicholas Cunnlngham Msc Bsc FCCA (Senior Statutory Auditor)
for and on behalf ol Robson Laidler Accountants Limited
Stalulory Auditor
Femwood Fhwse
Fernwood Road
Jesmond
Newcaslle Tyne
Tyne and Wear
England
NE2 1TJ
11

DANCE NORTH
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Current flnanclal year
Unrestricted
Re¥triGtod
Totsl
Total
funds
2025
funds
2025
2025
2024
Notss
Income and endowments from:
Donations and legacies
Charitable activities
Other tfadmg aCtI￿lieS
Investments
Other income
645,529
495.274
215.902
2.460
3.042
133.661
443.679
779.190
938.953
215.g02
2.460
3.042
649.193
891,311
88,087
2,141
4,794
Total Income
1,362,207
577.340
1.939.547
1,635.526
Expèndliure on:
Raising funds
Charitable activities
38.691
1,523.679
38.691
2,066,716
13.309
1,774,014
543.037
Total expenditure
1.562.370
543.037
2.105.407
1.787,323
Not incomellexpenditurel and movement in funds
(200.163)
34.303
(165,860)
1151,797)
Reconciliation of funds:
Fund balances al l April 2024
562.016
562.016
713.813
Fund balances at 31 March 2025
361.853
34.303
396.156
562.016
The stalement of financial activities indudes all gains and losses recognised in the year. Al income and expenditure
derive from Gonlinung a(livilies.
12-

DANCE NORTH
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Prior financial year
Unrestricted
Re¥tfi¢lod
Total
funds
2024
tunds
2024
2124
Moles
Ineome and èndowments from:
Donations and legaoes
Charitable acliwties
Other trading adivities
Investments
Olher income
573.497
463,741
88.087
2,141
4,794
75,696
427.570
849,193
891 ,311
88,087
2,141
4.794
Tolal Income
1.132.2
503.266
1.635.526
Expenditure on:
Raising funds
Charitable activities
13.309
1.270.748
13.309
1.774,014
503,266
Total expendituro
1.284.057
503.266
1,787,323
Net income and movem•nt in fundg
(1 51.797)
(151 ,797)
Reconciliation of funds:
Fund balances al 1 April 2023
713,813
713,813
Fund balances at 31 March 2024
562,016
562,016
13-

DANCE NORTH
BALANCE SHEET
AS AT31 MARCH 2025
202S
2024
Noles
Fixed assets
Tangible a&sels
Investments
14
15
207.809
246,020
380.000
587,809
626,020
Curr•nt assets
Stocks
Debtors
Cash at bank and in hand
16
17
2,812
169.106
310.539
2,818
127.786
186,947
482.4S7
317.551
Credltors: amounts l•lllng duo wfthln
one year
18
(301.791)
(192,975)
Net currnnt assets
180.666
124.576
Total a88et8 le88 currgnl liabiliti
768.47S
750,596
Creditors: amounts falling due after
more than ong year
19
(372.319)
(188.580)
Net assets
562,016
The funds of the Gharity
Restricted income fund8
Unreslricled funds
22
34,303
361.853
$62,016
396,156
562.016
1711212025
The financial statements were approved by the trustees on .........................
M5 L Turner-swrft
Trustsè
Company Tègistratiori number 024￿618 (England and Wales)
14-

DANCE NORTH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Not•s
C•$h flows from operating activilies
Cash absorbed by operations
25
(81.047)
(122.337)
Investing •ctlvltles
Purchase ol tangible fixed assets
Inveslmenl wicome received
(17:59n
{10.814)
2,141
Net Gash u8gd in Investlng acllvltles
{15,12n
18,673)
Flnanclng activities
Repayment of debenture3
Repayment of borrowings
(24.492)
244,258
(23.742)
Net cash generated froml(u6ed in) finanGing
activities
219.766
(23.7421
Net increaselldecrease) in ca8h and cash
equivalents
123.592
{154.752)
Cash and cash equivalents al beginning of year
186.947
341.699
Cash and cash equivalents at end of year
310.539
186,947
15-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
Charlty Infomiatlon
Dance North Is a pnvate company limited by guarantee xworaled in England and Wales. The registered
is Dance City. Temple Street. NewcastSe upon Tyne, NE14BR.
1.1 Accounting convention
The financial slalements have been prewed in accorda￿e wrth the chanty's governing document. the
CoMpan￿S Act 2006. FRS 102 -The Finanrjal Reporting Standard applicable in Ihe UK and Rèpublic of
Ireland" ('FRS 102") and the Charities SORP 'Accounting and Reporting by Charrties: Slalement of
Recommènded Prath"ce applicable to charrties weparing their accounls in accordance with the Financial
Reporting Standard appIl￿ble in the UK and Republic of Ireland (FRS 102)" {effedive 1 January 20191. The
chanly is a Public Benefit Entity as defined by FRS 102.
The financial slalements are prepared in stethry, whth is the fundic￿al cwrency ol the charity. Monetary
amounts m these financial statements are rounded to the nearest £.
The financd statements have been PrePa￿d under the hislorral Cost ￿nvents.￿. modified lo include thè
revaluation of investment properties. The principal accounting policies adopted are sel out below.
1.2 Going concom
These financial statements are prepared on the going con¢em basis. The trustees have a reasonable
expectalion that Ihe chafity will continue in operalional existence for the foreseeable future. however, the
trustees are aware of certain matenal uncertainbes whil* may cause doubt on the charity's ability lo continue
a5 a going Cor￿e￿n. The charity has recorded a deficit in the Slalemenl of Financial Activilies In the current
and prev￿￿$ years and budgets prepared foi 2026 also show a defiol posrtion. The liuslees have prepared
cash flow lorecasts to the 31 March 2027 which show a ￿d￿ctiOn in Ihe charilies cash reserves however
indicate Ihal the charity wll have suffiuent resources lo operate throughoul Ihal period. These forecasls are
based on certain assumptN)ns regarding levels of future incorne and expenditure and any deviation from these
as5UITlPtions ¢cxJhJ impad on the accuracy of thè informalicffl prepared and the thjer term viabilily of the
charily.
1.3 Charitsble lunds
Unrestricted hjnds are available for use at Ihe dIsC￿tIon of the trustees in lurtherance of Iheir tharitable
objedives.
Reslricted funds are stsbject to SpeCrf￿ conditi'ons by don(¥s or grantors 8s to how they may be used. The
PUFposes and uses ol the reslnrted funds are set out in the lo the finanaal stalements.
Endowmenl funds are subJe(X lo spe¢ifb¢ o)nditsons by donors Ihal the capital must be maintained by the
charily.
1.4 Income
Income is recognised when the charity is legally enlttled lo it after ary performance condth.ons have been met.
the amounts can be measured reliably, and il is ￿0babIe that income will be received.
Cash donalions are reeognised on receipt. Other donations are recognised once the ¢harily has been notified
of the donation. unless performance rnndilions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deetjs of covenant is recognised al the time of the donation.
Legacies are recognised on receipt or otherbwse if the charity has been notified of an impending dislribulion,
the amount is known. and re￿p1 is expected. If ihe amount is not kn¢)wn, the legacy is Ifealed as
contingent asset.
16-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
AG¢ounling policigs
Icontinued)
Income from conlracts for Ihe supply of services is Tecognised wrth the delivery of the conlfa¢ted sen*iCe.
Grants are recognised when the chafily has an entrtlement to the funds and any conditions linked lo Ihe
grants have been met. Where performance rKJndilion5 are attathed lo the grant and are yet to be met. the
income is recognised as a liability and included on Ihe balance sheet as deferred inrJ)me.
1.5 Expenditure
Expenditure 15 recognised once Ihere ts 8 legal ￿ constructive obligation to transfer economic benefit lo a
third party, it is probable Ihat a transfef of econom￿ benefits will bo required in selllemenl, and the amount of
the ¢)bligatson can be measured reliably.
Expenditure 1$ clas￿f￿d ty aclFvity. The costs of each *aivity are made up of the lolal of dired costs and
shared costs, including support rAists involved in undertaking each aclwity. Direct costs attributable lo a single
activity are allocated diredty lo thal activily. Shared costs which contribule lo mofe than one activity and
support costs which are not allfibutable to a yngle adivity are apportioned between those activilies on a basis
consistent with the use of fesources. Cenlfal staff costs are allocated on ihe basis of time spent. and
depreciation charges are alcated on porbtx of the asset's use.
Costs of raising funds are those incurred in attrading voluntary income. the management of in¥estrnenls and
those incurred in trading activiiEs that raise flmds.
Charrtable expeThliture comprises those costs incurred by the charity in the delivery of its activities and
servi￿5 for beneficiaries. It includes both cosls that can be allocaled diredty to such adivities and those
costs of an indrect nalufe lo support Ihem.
1.6 Tanglble Ilxed assets
Tangible fixed assets are initially rneasured at cosl and subsequenlty measured at cost or valuation, nel of
deprecbalion and any impainnenl losses.
Deprecialion is recognised so as to write off the cost or valuation of assets less their re5idud values over their
useful lives on the following bases..
Leasehold land and buildings
Fixtures and fillirKJS
Computers
straighl line over 19 years
15% - 20'h reducing balarte
25% straight line
The gain or loss arising on the disposal of an asset 1$ detem#?ed as Ihe difference belween the sale proc¢eds
and the carrying value of the assel, and is recognised In the statement of financial aclivilies.
1.7 Fixed a$sot invoslments
Fixed asset investments are initially Tnea5ured at transaction price excluding transadion costs. and are
subsequently measured at fair value at each reporting dale. Changes In fair value are recognised in nel
in¢cmel(expenthlure) for Ihe year. Transaction costs are expensed as incwed.
1.8 Impalrmènt of fixed assets
At each reporting end date. tl* dwiity revitr￿S the caryfftg ￿ountS of its tangible asset8 to detgrmine
whether there is any indication thal Ihose assets have suftered an impaimenl loss. If any such indication
exists, Ihe recoverable amount of the asset is estimated in order to determine the extent of the impairmenl
loss (rf any).
17-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Aeeountlh9 pollelès
Icontinued
1.9 Stocks
Stock$ ￿e staled al the lower of cost and estimated selling price less costs to Gornplele and sell. Cost
comprises direct matenals and. where applicable, difect labour costs and those overheads that have been
incurred in bnnging the stocks lo Ihthr present bxation and eondition. Items held for distribution al no or
nominal considefalion are measured Ihe lower of replacement cost and cost.
1.10 Cash and cash equivalents
Cash and cash equi¥alenls inthde cash in hand. deposits held al call with banks. other $hort-lenYb IiquKI
investments wrth original maturrties of three months or bess, and bank overdrafts. Bank overdrafts are shown
within borr¢wiings in Current liabih"ties.
1.11 Taxatlo
The charities activrtits fall with£n the exemptions afforded by the provisions of The Corporation Taxes Acl
2010. Accordingly, there is no taxation charge in these accounts.
1.12 Employee ￿nefItS
The cost of any unused holiday entitlement is recognised in the period n whth the employee's ser4ices are
received.
Termination benefrts are recognised im1ned￿teIY a3 an expense when the charity is demonstrably commtlied
to temiinate the employment of an employee or lo wovide termination benefits.
1.13 Retiroment benefits
Paymenls lo defined eontribulion retifemenl b￿fil schemes are charged as an expense as they fall due.
Critical accounting e8timat08 and judggmgnts
In the apphcation of the thwrty"s acrKJunling policies, tmstees are required 10 make judgements. estimates
and assumptions a￿ul the carrying amount ol assets and liabililies that are not readity apparenl from other
sources. The eslimales and assoualed assumpts'ons are based on histoncal experien￿ and olher factors Ihal
are con5ideied lo be relevant. kntual result5 may differ from ihese eslimales.
The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accountin9
eslimale5 are recogni5ed In the period in whith the estimate is rewsed ¥vhere the revision affects only Ihal
period. or in Ihe period of the revision and tuture perFods where the revision affects both cuffenl and fLslure
periods.
Incomo from donations and legacleg
Unrestricted Re3trict•d
Total Unro$trlcted Rèstricted
Total
funds
2Q25
funds
2025
fund8
2024
funds
2024
202S
2024
Donations and gifts
Grants
36.533
608.996
36.533
742.657
9.449
564.048
8,244
67,452
17.693
631,500
133.661
645.529
133.661
779.190
573.497
75.896
649,193
18-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from don•tion$ and legacl•s
Icontlnued)
Unrestrlcted Restricted
Total Unreslricled Re8trleted
Total
lund8
2025
funds
2025
lunds
2024
funds
2024
2025
2024
Grants
Arts Cwncil England
Community Foundalion
Sif James Knott
Creative England
NalioD Lottery Heritage
Fund
Gillian Dickin$M Twst
Maltings Trust
Northstar Venlufes
BarbouT Foundats'¢
Other
564,048
564,048
2,963
15.000
564.048 22,000 586.048
2.*3
15,0
76.698
76.898
30.000 30,0
42.500
42.500
37.500
s.cKJo
37,5(X)
2,952
2,952
608.996
133,861
742.657
67.452
631,500
Income from charitable actlvllles
Unr•strlcted Restricted
Total Unre8trictod R•strlcted
Total
nd$
2025
fundg
2025
fund5
2024
fvnd8
2024
2025
2024
Core charttable actsvities
Classes. workshops &
degrees
Box office
Training progfamme
453.333
41,941
453.333
41.941
443.679
440.566
23,175
440,566
23,175
427,570
443.879
427,570
495.274
443.679
938.953
463.741
427,570
891,311
19-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
Income from other trading activities
Unrestricled Unrgstrlcted
fund
2025
fund$
2024
Cafe income
Rental income
Other income
87,147
122,012
6,743
22.566
65,521
Other trading activities
215,902
88,087
InGorne from investments
Unrestrltted Unrestricted
fund*
2025
funds
2024
Interest receivable
2,460
2.141
Expenditure on raising fvnds
Unrg8trictod Unrestrlcted
fund$
2025
fund$
2024
Fundraising and publicity
Other fundraisin9 Costs
38,691
13,309

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on charitable activitios
Classes and Cla8904 and
workshops workshops
2025
2024
Direct cost•
Slaff costs
Other staff cosis
Artist and pertormance fees
Travel
Donation5 paid
Technician and production fees
Sludenl travel
Bad debts
Advertising and marketing
Property running costs
Other direct costs
765,003
7.525
272,361
6.947
893,198
4.079
197,397
15,184
51.184
17,958
270
58.315
33.975
724
41,855
a,934
7.645
40.727
15.410
497
1.221,262
1.024,926
Share of support and govèrnaneé Costs (see note 9)
Support
Governanc
812,160
33,294
729,168
19,920
2.066,716
1.774,014
Analysis by fund
Unresliicted funds
Restncted funds
1.523.679
$43.037
1,270.748
503,266
2.066.716
1,774.014
21

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Support CO8ts allocaled to actlvill•¥
2025
2024
staff costs
L)epre¢ialion
Premises costs
Molor. travel and actom(xlats
General office Gc>sls
Technical costs and trenue hKe
Communicatsons and IT
Finance costs
Legal and professional lees
Loan interest payatjle
GovernarKe costs
350,000
55,798
220.999
2,081
110,143
5.565
22,815
8,828
30,184
5,947
33.294
300,000
64.482
165.735
1.133
114.655
5.487
26,318
8.605
42.753
19.920
845,454
749.088
Analysed bètween".
Classes ￿)d workshws
845,454
749,088
2025
2024
Governance costs comprise:
Audilofs remunerats.on
Accountancy fees
12,$80
20.714
12.lJOQ
7.920
33,294
19,920
10 Net movement in lunds
2025
2024
The net movement in fund5 is staled after thargiryl{credilmg>:
Fees payable to Ihe chatity's authtor..
- for the audit of the Gharity's financial statements
for other financial services
Depreciation of owned lan9ible fixed assets
Loss on disposal of tangible fixed assets
10.380
2.200
55.798
2,100
63,397
1,085
11 Trustees
None of the Iruslee5 {or any persons wnnected wilh Ihem) recthved any remuneration or benefils trom the
charity during the year.

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Employèes
The average monthly number of enipkJyee5 during the year was..
2025
Number
2024
Number
Administration and finance staff
Artisl¢c staff
45
35
40
28
Total
80
68
Employment Go$ts
2025
2024
Wages and salaries
Social securty Ixists
Other pen￿On costs
1.027.762
70.559
16.682
924.866
52.886
15.446
1.115.003
993,198
The number of employees whose annual remuneration was more than £60,000
is as follows:
2025
Number
2024
Numbèr
£60,001 to £70.000
£70,001 £80,000
Rernunerdtion of key managomènt pèrsonnel
Th8 remuneration of key management personnel ￿7$ as follows:
2025
2024
Aggregate compensation
191,057
18g,320
13 Taxation
The charity is exempt frcrfn laxati)n on 11$ adJ'¥ities because all ils inwne 1$ applied lor Charitab￿ purposes.

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Tanglble flxed asgets
L•￿•hold Flxturns and
land and
Ilttlngs
buildin9•
Computorg
¢0st
Al 1 April 2024
Additions
3￿.000 483,924
17,587
150.843
934.767
17,587
Al 31 March 2025
501,511
150.843
952.354
Depreciation and impairment
Al l April 2024
Deprecialion tharged in the year
221.053
15,789
338.192
24.551
129.502
15,458
688.747
55,798
Al 31 Mafch 202S
236,842
362,743
144,960
744,545
Carrying amount
Al 31 March 2025
63,158
138,768
5.883
207.809
At 31 March 2024
78,947
145.732
21.341
246.020
IS Fixed asset investments
Investment
proporty
Co8t or valuation
Al l April 2024 & 31 March 2025
380.000
Carying amount
Ai 31 March 2025
380.000
Al 31 March 2024
380,000
16 Stocks
2025
2024
Raw matena15 and consumables
Finished goods and gcods for resale
498
2,320
2.312
2.812
2,818
-24-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
17 Debtors
2025
2024
Amounts falling dué wllhln one year.
Trade debtors
Other debt015
Prepayment$ and accnRd incon
93.383
4,178
71.$45
34 550
2.244
9).992
169,106
127,786
18 Creditors: amounts falling due within one year
2025
2024
Notes
Borrowings
Olher laxation ald social secw
DeferTed incorne
Trade creditors
Other creditors
Accruals
58,361
17,747
76,981
84.877
17,446
46.379
22.334
4.979
63.120
67.117
11,998
23.427
301.791
192,975
19 Creditors: amounts falling due aftof more than one year
202S
2024
Borrowings
372,319
188.580
20 Loan• and overdralts
2025
2024
Debenture loan$
Olher loans
186.422
244,258
210.914
430.680
210.914
Payatle KYthin one year
Payat4e after one year
58.361
372,319
22,334
188,580
Amounts induded above which f￿ due after five yews:
Payable by instalmenls
2{￿.957
84,396
-25-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20 Loans and overdrafts
Icontinuedl
Borrowing5 inGludes two loans from Northslar Ventures Limited. The fvst of these was originally for £26S.000
with a nominal interest fate of 6%. with the final instalment due on 1 June 2031. The carrwng amount of Ihis
loan al the year end Is £186.422 {2024. £210.914).
The second loan granted within the year towards developmenl capital was oYi9inally for £250,000, wilh a
nominal Inleresl rale 017%, with the final inslalmenl due on 1 September 2034. The carrying amount ol Ihi$
loan at the year end is £244.258 (2024. £nil).
21 R•tlren￿nl b8nefft sehèmos
2025
2024
Oefined Contribution ichemps
Charge lo profft or loss in respect of defined contribution sthemes
16,682
15.446
The charily operates a defined ¢￿trIbutIon pension scheme IOT *1 qua&fying employees. The assels of the
sthemg are held separately from those of the charity in an irKlependentty administered fund.
Contributions totalling £6,892 {2024". £3.7411 were payable to the scheme al the end of the year and are
included in creditors_
22 Restricted funds
The restricted fuThJs of the chanty c(¥nprise the unexpended balances ol dOnatI(x￿ and grants held on trust
subied lo speufic condilions by donors as to lkny they may be used.
At 1 Aprll
2024
Incornlng Resources Al 31 March
resources
expondod
2025
Gdlian Dickinson Trust
Sir James Knoll
Community Foundation
Creative England
Cenlre br Advanced Training
Maltings Trust
National Hefrtage Fund
30,ODO
15,000
2.963
(28.000}
(5.000)
2.000
10,000
2.963
(5.000)
(443,679)
443.679
4.000
15.340
76,698
(61,358>
577,340
(543.037>
34.303

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22 Restrlcted funds
(Confjnuèdl
Previous year:
At 1 Aprll
2023
Incoming Ro8our¢8• At 31 March
ro8ourcos
expènded
2024
Gillian Dickinson Trust
Volunteer Futures
Wellbeing Hub
Fabric
Centre forAdvanwJ Traning
Donors
42.5(WJ
22.01
250
2.702
427.570
8,244
{42.5(K)>
{22.000>
250>
(2.702)
(427,570)
(8,244)
503.266
1503,266)
23 Unrestrlctèd funds
The unreslriGted funds of the charily comprise the unexpended balances of donalions and granls which arp
not Subje￿ lo speafic C￿d￿lOnS by donors and grantors a& lo hoyi ihey may be used. These Include
(le￿9￿ated funds which have been set aSKle ¢)ul of unreslricled lunds by the trustees for specific purposes,
At 1 Aprfl
2024
Incomlng
resourcgs
Resources At 31 March
expended
2025
General funds
562,016
1,￿2.207
(1.562,370)
361,853
Previou$ year:
At 1 April
2023
Incoming
resources
Resources Al 31 March
expendgd
2024
General funds
713,813
1,132.260
{1,284.0571
562.016
24 Related party transactions
There were no disdosatAe related party transactions durirvJ the year (2024- none).
-27-

DANCE NORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
25 Cagh absorbed by operatlons
2025
2024
Defi¢il for the year
(165.860)
{151.7971
Adjustrnents for:
Investment income recognised in statement of financial activits'es
IGain}Iloss on disposal of tangible fixed assets
Depreeialion and impairmenl of tangib￿ fixed asseis
(2,460)
(2.1411
1,086
63,397
55.798
Movernents in working Capital:
Decreasel(increase} in stocks
{Increasei in debtors
Increase in GTeditors
Increasel(deuease) in deferred income
(2,8181
129.9801
17.704
(17,7881
(41.3201
58.928
13.861
Cash absorbed by operations
181.04n
(122,337
26 Analysis of change8 in net Idoblllfund8
Al 1 ApAI 2024
C•sh flow¥At 31 March 2025
Cash at bank and in hand
186,947
123,592
310.539
L¢)an5 faning due within one year
Loan8 faling due after mlye Ihan one year
122,334)
(188.580)
(36,027>
(183,739>
(58.361)
1372.319)
(23.967)
(96,1741
1120,141)
-28-