2024-03-31-accounts - One Dance UK

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Company registered number-. 2931636 Charity registered number= 801552 ONE DANCE UK (A Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

................................................................................................................................................. 2 PURPOSE
................................................................................................................................................ 3 STRATEGY
.................................................................................................................................................... 3 VOLUNTEERS
..................................................................................................................................... 4 SUPPORTING DANCE
....................................................................................................................................................... 4
................................................................................................................. 4 PROGRAMMES AND WORK
............................................................................................................................................. 11 PRIORITIES
........................................................................................................................... 11 FUNDRAISING ACTIVITIES
............................................................................................................................. 12 THE FUTURE
....................................................................................................................................... 13 REVIEW
................................................................................. 15 STRUCTURE, GOVERNANCE AND MANAGEMENT
................................................... 20 REFERENCE AND ADMINSTRATIVE DETAILS OF THE COMPANY
............................ 21 INDEPENDENTEXAMINER'SREPORTTOTHEMEMBERSOFONEDANCEUK

REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 MARCH 2024 The Trustees are pleased to present their annual Directors, report together with the financial statements of the charity for the year ended 31 March 2024. which are also prepared to meet the requirements for a Director's report and accounts for Companies Act purposes. 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.. the Statement of Recommended Practice for Charities ISORP 20191 (Second Edition. effective 1 January 2019) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). OUR PURPOSE A STRONGER, MORE VIBRANT AND MORE DIVERSE DANCE SECTOR FOR THE UK We are a challty dedicated to raising the prof ile. excellence, diversity. and importance of UK dance. These are the cornerstones of our constitution- Promoting Dance and its diversity To advance arts and culture for the benefit of the public by promoting all forms of dance. This includes the promotion of good practice. education and specific forms of dance including but not limited to the promotion of the work of dance artists of the African Diaspora in all its expressions. Education To advance the education of the public. teachers. students. young people. dance practitioners and professionals in the UK in dance including but not limited to- research. the promotion of dance with and for young people, Dance of the African Diaspora. promoting standards of excellence in the teaching of dance for all ages (with a focus on the school curriculum) and the promotion of specific forms of dance. Health To advance the health and wellbeing of all those who dance. Relief of poverty To relieve poverty amongst dancers. dance artists. dance practitioners and their dependents. In shaping our objectives for the year and planning our activities. the Trustees have considered the Charity Commission's guidance on public benefit. including the guidance 'Public benefit.. running a charity IPB21' and the Charity Governance Code. We rely on grants. fundraising, sponsorships. members. fees and ticket sales to cover our operating costs.

OUR STRATEGY TOGETHER WE'RE STRONGER With the mandate of our members. we piovide one clear voice for dance and a clear strategy to meet our purpose. Providing information and direct support to dance professionals. dance teachers, schools and organisations to support a vibrant. healthy, and sustainable dance ecology Ensuring children and young people of any background participate in high quality dance through our advocacy and programmes Raising the profile of diverse dance practice and equality for diverse professionals, performan¢es, education and leadership in organisations across the UK Advocating loudly for UK dance with government. CYP programme board and health 8nd mental wellbeing providers Providing artists at all stages of their careers with opportunities. resources and information to survive and thrive. VOLUNTEERS We rely on, and are extremely grateful to. our volunteers who include our Dance Ambassadors, Board members. expert panels and other supporters at events. Annually. we rely on 40 volunteers who generously give up to 560 hours of their time. Dance Amb8ssadors18ged 18 - 25 years} write blogs, speak to Members of Parliament, support US at our events and benefit from engaging with us. Through exciting oprK>rtunities. they find out about the various roles and careers in dance.

OUR WORK THIS YEAR SUPPORTING DANCE As the dance sector began to recover from the pandemic we continued to listen, learn and respond to what our dance community asked of us. We worked with other sector bodies to respond to the emerging cost of living crisis and hugely increased energy costs which impacted both individuals and organisational members. During a testing time for dance and the dance economy. advocating for our member's needs to DCMS and DfE, funders and performing arts representative l)odies remains our key priority. We saw a steadying of membership following our renewed membership offer. after a period of declining membership. Our new strategy addresses the current needs of individual members. as well as continuing to provide essential support to organisational tnembers. The One Dance UK Team is dedicated to listening and aligning our services to best serve the dance community's needs now and in the future. with work undertaken through the year to launch a new website with refreshed membership benefits. fo¢using on delivering increased value to our members and the sector we serve. We remain committed to providing freelancers with the support they need to maintain and develop sustainable careers in dance. ADVOCACY Regular engagement with Government and officials continued throughout 2023124. covering issues which affect all of our members. both individual and organisational. including.. EU exit and its impact on the dance se¢tor,- work to address ongoing concerns about the impact of education policy on dance education and training through the creation of a Cultural Education Plan,. and addressing operational issues as they arose for members including on inbound immigration and tax-related issues. OUR PROGRAMMES AND WORK CHILDREN AND YOUNG PEOPLE ICYP) ADVOCACY Programme Board: CYP Dance The PTogr8mme Board.. CYP Dance brings together org8nis8tions with 8 Strategic remit for CYP dance in England, both in and outside school settings. We ¢ontinue to have very positive engagement from key stakeholders including DfE. ACE and awarding organisations (Exam Boards). One Dance UK provides the Secretariat and meetings were chaired by Geoff Barton. General Secretary of the Association of School and College Leaders {ASCL). with meetings taking place termly to ensure key issues remain high on the agenda.

Participants showcased a range of dance styles and backgrounds with 40 groups taking part, selected from hundreds of entries at U.Dance Regional Platforms or by special guest invitation. Guest companies included the National Youth Dance Companies of England and Scotland, artists from National Youth Dance Wales, and Centre for Advanced Training artists from the North East. Alongside groups who took part from around the country, special focus was taken to ensure performance opportunities from around the North East region, with a range of locally based groups offered showcase opportunities and representatives from local professional dance companies sharing their knowledge through workshops and talks. The event also saw the integration of One Dance UK’s Young Creatives programmewith a showcase of the work of eight youth choreographers.

The 3-day event comprised:

4 x showcases of youth dance

Spotlight on the North East Showcase, Dance City
2 x U.Dance National Showcases, Northern Stage
Young Creatives Showcase, Dance City
2 x warm up ceilidhs provided by the English Folk Dance and Song Society

21 x Dance Workshops with a range of leading artists with a special focus on those from the North East

7 x Careers Talks with a range of leading dance professionals working in different elements of the dance sector

Organisations represented in the Workshops and Careers Talks included:

BalletLORENT
Beth Veitch Dance
Dance City
Eliot Smith Dance
English Folk Dance and Song Society
National Youth Dance Company (NYDC) – England
Southpaw Dance Company

Dance Pathways Marketplace , where participants could talk directly to higher education and training providers

Free Foyer Performance presented by the English Folk Dance and Song Society

Commented [PH1]: @Laura Nicholson Needs an update for 2023/24

funding to help us implement initiatives that will support us on OUT Disability Confident journey. HEALTH, WELLBEING AND PERFORMANCE (HWbP) AND NATIONAL INSTITUTE OF DANCE MEDICINE AND SCIENCE INIDMS) One Dance UK'S Health. Wellbeing and Performance team is a world leader in dancers, health. delivered in partnership with organisations and experts in healthcare. research. advocacy. and education. We are also a founding partnei in the National Institute of Dan¢e Medicine and Science. providing access to high quality. affordable, dance specific healthcare and dance science support services in private practice and the NHS. underpinned by dance medicine and science research, best practice, infortnation, and resources are disseminated to the wider dance and health community through educational workshops. conferences. and publications. HEALTHIER DANCER PROGRAMME (HDP) TALKS In 2023-24, HDP Talks were delivered to over 1090 dance students and dance Professionals in 30 dance organisations on subjects including nutTltion and hydration. healthy dance practice. burnout and rest, perfectionism, safeguarding in dance. growth mindset. openness. and psychological flexibility. These talks in dancers. health and performance aim to promote safe dance practice in educational and professional environments. educate dancers and edu¢ators on strategies to promote physical health and wellbeing. and raise awareness of resources. programmes. and organisations that facilitate health and performance in dance. NIDMS NHS DANCE INJURY CLINICS As a founding partner of NIDMS, One Dance UK helped to establish the first and only dance specialist national health services in the UK. NIDMS Dance Injury Clinics in London. Birmingham and Bath have reached an estimated 5.000 dance professionals and students since 2012. Dancers require specialist care from medical practitioners who understand the demands and requirements of professional dance training and performance. The four NHS Dance Injury clinics at Royal National Orthopaedic Hospital Stanmore. London. Mile End Hospital, London, Royal United Hospital. Bath. and Queen Elizabeth Hospital, Birmingham are led by a Sport and Exercise Medicine consultant with experience treating dancers. alongside a dance-specialist physiotherapist. Each clinic can refer to a wider multidisciplinary team including podiatrists. surgeons, dieticians and psychologistslpsychiatrists. The HWbP Team raise awareness of the service to dance companies. schools. and awarding bodies. as well as social media and the NIDMS website. We are also the first point of contact for GPS. parents. and the dance ecology to support referrals.

HEALTHCARE PRACTITIONERS. DIRECTORY Our free searchable online database lists private medical. psychological. and complementary healthcare practitioners who are based throughout the UK and recommended by members of the dance profession. In March 2024. 20 Healthcare Practitioners were listed on the Directory. PERFORMANCE OPTIMISATION PACKAGE (POP) in 2023-24, One Dance UK continued to offer the Perfortnance Optitnisation Package (POPI. POP provided support to maintain health. fitness. and performance through health cash plans provided by BHSF. and dance specific musculoskeletal screening. POP complements NIDMS NHS dance injury clinics and the Healthcare Practitioners Directory. POP is available as an add-on to One Dance UK membership. Companies and schools can also add it to their existing offer for students, employees, and freelancers. BHSF RISE HEALTH & WELLBEING SERVICE We completed a pilot of the new health and wellbeing service we are developing as an add on to One Dance UK membership, and are preparing to Toll out this offer in 2024125. In addition to the usual employee assistance programme benefits of personal legal and financialldebt advice, our health and wellbeing service also includes telephone and face-to-face counselling. psychiatric assessment, complex case support and complex case management. and confidential expert carer support and advice. SAFEGUARDING IN UK DANCE ORGANISATIONS We continue to Collaborate with NIDMS and the University of Birmingham to investigate safeguarding in dance by exploring the experiences of diverse current and former dancers of safe dance environments, specifically focussing on the perceptions of what characterises a safe dance environment. In 2023124 we focused particularly on participant recruitment and diversity. INDUSTRY STANDARDS FOR DANCERS. HEALTH AND WELLBEING Developed in 2022, the NIDMS Best Practice Standards are a benchmark for dance organisations in the UK to be recognised for existing good practice in healthcare. dance science support, and health education for dance professionals and students. and provide guidance to enhance support dance professional and student health. wellbeing and performance. HEALTHIER DANCER PROGRAMME (HDP) FACEBOOK GROUP The Facebook Group for the Healthier Dancer Pro ramrne established in April 2021 to boost engagement with audiences interested in dancers. health. wellbeing. performance. and dance medicine science, Currently has 354 members. All content that is released on the Healthier Dancer Programme Facebook page is reviewed in line with our quality assurance policy. to

ensure that material is.. up-to-date. genuine. audience-specific. and evidenced (where appropriatel. ONE DANCE UK AWARDS 2024 The One Dance UK Awards 2024 celebrated. championed. and promoted the achievements of the sector across the previous 12 months. whilst spotlighting the diverse and vibrant dance ecology in Coventry and the West Midlands. This included working closely with our partner Far Go to source technicians, catering, dressing of the space and performers and professionals based in the region for the ceremony and panel discussion. We received a total of 372 nominations over 11 categories plus 1766 votes for the People's Choice Award. MEMBERSHIP We have seen a plateau in membership over the 2023124 financial year. following a period of declining membership We continue to survey non-renewing members as their memberships lapse to ascertain the main reasons for them letting their membership expire. The key reasons cited continue to be financial (loss of funding andlor closure for organisational members, and affordability at the time of renewal for individual members). and a lack of understanding of membership benefits andlor the value of membership (mostly individuals citing that they had not used their membership or did not think they needed it anymore). We reviewed and refreshed the membership offer and continue to provide a consistent service. receiving very high satisfaction ratings for all programmes. engaging with OUT members and supporting their needs through the resources. advocacy, training. networks and other bespoke support services which are all part of our membership offer. We have worked hard to strengthen and clarify our offer. with the team defining and articulating a simpler and clearer summary of refreshed key membership benefits for inclusion on the new website. We continue to strive to ensure we understand the current suptK)rt needs of the sector we serve and have successfully implemented a new CRM solution in 2023124. We ref reshed our CPD offer to reinvigorate Teacher, Trainee Teacher, and Educational Establishment metnberships. and developed a new CPD Snippet series which replaces the previous bookable. ticketed programme in 2023124. We have further improved the membership experience, value of benefits. access to offers and the members area on our new website. with more targeted communications around membership. Throughout the 2023124 financial year. we have- Supported research with a representative group of dance freelancers to understand their current working patterns. support needs. and how to empower them to become more involved in advocacy. We took some of them to parliament to speak to members of the Dance APPG, and gave thern access to our new health and wellbeing service as a pilot for the new add-on we will launch in 2023124.- Reviewed membership benefits and embedded a refreshed offer within plans for the new website and CRM for the 2023124 financial year.- Delivered the first year of support to our first Member Led Network serving historically underrepresented communities working in Jazz. and agreed joint actions for 2023124 io

Learning from our first MLN will inform our approach to further MLNS in the future. with a view to improving awareness and growth of typically underserved communities within the dance sector: Clarified our CPD and training offer including benchmarking and standardising rates across all our in-house online and in-person CPD and training. In addition. we have recorded a CPD snippet series and generated a new webinar programme to form part of our growing bank of resources for launch in 2023124.- And offered discounted individual membership to our Dance Ambassadors. Our membership at 31 March 2024 stood at xxx OUR PRIORITIES DATA, EQUITY. BALANCE AND BELONGING We are building our capacity to collect and analyse data in order to be able to present more convincing arguments and a stronger evidence base on the positive impact on the UK of sustained and increased investment in the dance sector. We 8dvocate 8n equitable. diverse and inclusive dance ecology that accurately reflects the multiple voices in dance and the dance community which everyone should feel included in. We continue to develop benchmarks to map the make-up of our staff, members and the participants of our programmes. and the broader dance community. We will continue to identify and prioritise diversity gaps and build sustainable relationships that better represent the balance of the dance ecology. We encourage our partners and members to be respectfully open and honest with us so that we can grow together and celebrate the richness of every person and idea. OUR ENVIRONMENTAL RESPONSIBILITY We are furthering our commitment to leveraging partnerships and facilitating imtK)rtant conversations, to ensure our dance ecology remains informed and can take relevant action to reduce the impact of the climate crisis. In partnership with The Theatre Green Book we have formalised a toolkit, which brings together sustainability experts and organisations to create common standard for progressing sustainability within dan spaces. We will continue to build our understanding towards becoming more sustainable. including the challenges faced by our member and non-member communities. FUNDRAISING ACTIVITIES We have continued to deepen our relationship with funders and sustained current funding including with Arts Council England (securing regular funding as an NPO in the 2023-26 Investment Period) and other current and potential funders.

We ensure our compliance with the Charities Act 2016 and follow guidance from the Fundraising Regulator's voluntary regulation scheme. We require and monitor protection around vulnerable people and members of the public from unreasonable intrusion on a person's privacy, unreasonably persistent approaches for the purpose of soliciting or otherwise procuring money or other property on behalf of the charity or placing undue pressure on a person to give money or other property. These fit with our safeguarding policy on all activities. There were no complaints received by One Dance UK or our fundraiser for our fundraising activities. PLANS FOR THE FUTURE Strategic Roadmap and Governance Review We ensure that all plans for new and continuing work fit within the strategic roadmap developed in 2022123, to ensure our resources and operations continually maximise the social impact and benefit to our members and beneficiaries. within our five strategic focus areas= Advocacy & Communications Dance Ecology & Membership Data Collection & Analysis Pathways & Opportunities Access & Inclusion The Trustees promote regular reviews of the charity's strategy in line with their Good Governance responsibilities. Board reports and meetings have been adjusted to keep track and monitor the progress of the updated strategic plans. The most recent strategic review was completed in 2022. Trustee Recruitment We keep up to date the Skills Audit of our Board Members which was updated at the end of May 23. The Board uses this to identify any gaps in skills which potential new Trustees can fill as an essential part of Trustee recruitment. Further Trustees will be recruited over future months to continue to refresh Board membership. to replace Trustees whose second terms of office are coming to an end, to and ensure the range of skills amongst Trustees reflects the current make-up and needs of the organisation. our membership and the broader sector. Membership Ensure our membership offer remains relevanL responsive. and aligned to support sector needs Over the course of 2023124. membership numbers have stabilised. and we will continue to work to maintain and increase the value and benefits of membership. Our new CRM went live during 2023124 and is already bringing benefits in the data we have access to and our ability to communicate with members. We will continue developing our use of this system for the benefit of our members We will continue to develop hybrid. live and digital events. reviewing uptake and member engagement and doing our best to ensure all delivery is accessible Awards 12

We are planning for the Awards to take place in Birmingham in January 2025. We will be working with local partners and spotlighting the dancers and artists from the local are8 bringing the industries focus to Birmingham. Leading Systemic Change Chief Executive, Andrew Hurst. and Head of Children & Young People"s Dance. Laura Nicholsor). will continue to take part in the Clore Leadership Programme's'Leading Systemic Change: Scale and Complexity, over the course of 2024125. We are excited about the opportunity to build organisational Confiden and skill. enabling us to choose and operationalise approaches confidently. and with agility whilst becoming part of an inspiring and resourceful peer network with a collective understanding. creative empathy and practical support borne of shared experiences. Ramps on the Moon Change Partner programme We have signed up to this programme of support for embedded change with 2 cohorts of performing arts organisations committed to disability equality and anti-ableism. We will be part of the first cohort beginning this work in early 2024. The programme has been designed and will be delivered in partnership between Ramps on the M¢)on and People Make It Work, based on the demonstrable success of founding partners, work elevating the place of disabled people in mainstream theatre. and contains elements which the founding partners have identified as key drivers of change. Devos Global Arts Management Fellowship Chief Executive, Andrew Hurst. was selected as one of a cohort of 7 from over 300 applicants from 57 countries to join an existing cohost of 6 from 2022. and 6 from 2023 as part of a 3- year programme supporting global arts leaders to FINANCIAL REVIEW In the year to 31 March 2024 we made a deficit of £80.5k (in the year to 31 March 2023 £209). We recognise that inflationary pressures and the return to face-to-face activities will make for a difficult year in 2024125. We have set a budget for this period which will leave our reserves within the levels required by Trustees, with a reduced deficit in the year. The Trustees are satisfied that One Dance UK is a going concern at the time of signing the accounts as= Core funding of £763,800 per annum is ¢onfirmed to continue as NPO within Arts Council England's National Portfolio of Organisations to March 2026. with likely extension through 2026127. We have adjusted our future budgets and cashflow projections to anticipate lower than projected earned income along with lower programme costs through hybrid delively. We expect to cover our operating costs to March 2024. Our unrestri¢ted reserves are at the appropriate level required by our Trustees. 13

We are a National Portfolio Organisation within Arts Council England's Investment Programme 2023-26, which has now been extended to March 2027. Arts Council England is our largest funder with funding used to meet our programme of activities and contribute to core costs. PRINCIPAL RISKS AND MANAGEMENT Our Trustees have a risk management strategy which comprises= six-monthly review of the principal risks and uncertainties that the charity faces.- the establishment of policies. systems and procedures to mitigate those risks identified in the six-monthly review and a quarterly risk summary to update progress on risk mitigation.- the implementation of procedures designed to minimise OT manage any tK)tential impact on the charity should those risks materialise. The Trustees have identified that inflationary pressures. a continued real-terms decrease in grant income. and the impact of the cost-of-living crisis and increased energy prices are the major risks in meeting fundraising and income targets and tnaintaining srnooth operations to ensure we serve beneficiaries and maintain financial resilience. The risks have been mitigated through.. adjusting our business model. budgets and cashflows for the next two financial years in response to lower than originally budgeted earned income matched by equally lower operating costs through hybrid delivery,. growing online delivery. communication and advocacy for the dance sector.. bench marking salaries to levels appropriate to our organisation's size and specialist continued funding from Arts Council England as principal NPO funder to 31 March 2027, cor)tributing to core and educational costs based on funding conditions that we are certain will be met. We regularly review the fundraising achieved against targets to make any adjustments to our activities should the need arise. RESERVES AND RESERVES POLICY The Trustees of the charity have set the unrestricted reserves policy at a level so that there are sufficient funds to Cover.. three months of operations in the event of any unplanned closure and its impact on beneficiaries, Staff and other financial commitments.- fluctuations in annual projected income.- and foreseeable financial commitments. 14

The Trustees have set a range of £300.000 to £350,000 as an appropriate level of unrestricted reserves for the future plans of the charity. The charity has a total of £116,428 of fixed assets (tangible and intangible} on the balance sheet, which will depreciated to a value of £0 over future years. The designated funds showing in the accounts are to recognise this future committed depreciation expenditure. At the year end, the Charity held £284k in unrestricted and undesignated funds. marginally below the level required by trustees12023.. £376k). At 31 March 2023. the Charity held £012023= £5.670) in restricted funds for specific projects. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document One Dance UK is a company limited by guarantee governed by its Memorandum and Articles of Association dated 11 May 1994. It is registered as a charity with the Charity Commission. Anyone over the age of18 can become a metnber ofthe Company and there are currently 963 members. each of whom agrees to contribute £1 in the event of the charity winding up. Appointment of Trustees As set out in the Articles of Association the Trustees are appointed by members of One Dance UK at the Annual General Meeting IAGMI or by postal vote. The Trustees shall retire from office at the fourth AGM following the AGM at which his or her current term commenced. Any Trustee who has served two consecutive terms can only be re-appointed after a one-year break from office. All members are circulated with notice at least 21 days prior to the AGM advising them of the retiring Trustees and requesting votes for any newly proposed Trustees for the AGM. If a vacancy on the Board occurs between AGMS the Board may co-opt a person to serve until the next AGM when such person may stand for election. If the Trustees determine that the Board is lacking any particular skill then the TTUStees may appoint an additional three Trustees at any time with a term not exceeding four years from the AGM that their appointment was accepted by members. Trustee induction and training New Trustees are required to have an induction into all key areas of One Dance UK'S work and its constitution, and to be briefed on their legal obligations prior to their first Board meeting. They must sign a 'fit and proper person, declaration. conflict of interest memorandum, and are provided with good governance documentation. financial and management accounts, the Memorandum and Articles of Association and the latest business plan. Organisation 15

The Board of Trustees, which can have up to 20 members, is responsible for decisions regarding policy and overall direction. The Board monitors progress of programmes and initiatives, finance and other developments at quarterly meetings and reports to the membership at the AGM. There is a Finance subcommittee that meets quarterly to report finance and risk matters to the Trustees. A Chief Executive is appointed by the Trustees to manage the day-to-day operations of the charity. To facilitate effective operations. the Chief Executive has delegated authority, within terms of delegation approved by the Trustees. for operational matters including finance. employment, project and programme delivery and fundraising RELATED PARTIES AND UMBRELLA NETWORKS None of our Trustees receive remuneration or other benefit from their work with the charity. Any Connection between a Trustee or senior manager of the charity with a related party must be disclosed to the full board of Trustees in the same way as any other contractual relationship with a related party. In the current year no such related party tiansactions were reported. There were no related party transactions in the year to 31 March 2024. The charity is a paying member of umbrella groups Creative UK. Culture Counts and the UK Dance Network. The charity is also a non-paying participant of other umbrella groups that are WhatNext? and the Cultural Learning Alliance. Our membership and aff iliations do not impact on the operating policies adopted by the charity. TRUSTEES, RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The Charity Trustees (who are also the Directors of One Dance UK for the Purposes of company law) are resFJonsible for preparing a Trustees. annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi¢e}. Company law requires the Charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure. of the Charity for that period. In preparing the financial statements. the trustees are required to= select suitable accounting policies and then apply them consistently.- observe the methods and principles in the Charities SORP.- 3. make judgernents and estimates that are reasonable and prudent.- 4. state whether applicable UK accounting standards have been followed. subject to any material departures dis¢losed and explained in the financial statements.. 5. prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 16

The Trustees are responsible for keeping proper accounting records that disclose with reason8ble accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and othei irregularities. The Trustees are responsible for the tnaintenance and integrity of the corporate and financi81 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 17

ONE DANCE UK REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 One Dance UK has taken advantage of the small companies exemption in preparing the directors report for the year to 31. March 2024 By order of the Board of Trustees Amanda Skoog MNZM, Chair Date.. 0211212024 18

ONE DANCE UK REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS Page Releren¢e 8nd Administrative Details of the Company 18 Independent Examiner's Report 19 Statement of Financial Activities 20 Balance Sheet Statement of Cash Flows 22 Notes to the Financial Ststements 23 19

ONE DANCE UK REFERENCE AND ADMINSTRATIVE DETAILS OF THE COMPANY FOR THE YEAR ENDED 31 MARCH 2024 Trustees Amanda Skoog Ichairl Andrew Carrick Anthony Bowne Denise Nu15e Emma Keith (appointed 18109120231 Jane Mary Bonham-carter Susann2h Simons Victor Fung (Deputy Chairl (appointed 23109120231 Company registered number.. 2931636 Charity registered numbgr: 801552 Registered office- Dance Hub. Thorp Street. Birmingham. B5 4TB Chief executive: Andrew Hurst Independent Examiner- Locke Williams Associaies LLP. Blackthorn House, St Pauls Squaie. Birmingham. B3 IRL Bankers: Cater Allan. 9 Nelson Street. Bradford. BDI SAN HSBC Bank Pl¢, 18 Ballards Lane. Church End, Finchley, London, N3 Solicitors-. Level Law, 20-22 Shelton StreeL Covent Garden London. WC2H 9JJ 20

ONE DANCE UK INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF ONE DANCE UK FOR THE YEAR ENDED 31 MARCH 2024 I report to the Trustees on my examination of the accounts of One Dance UK for the year ended 31 March 2024 which are set out on pages 25 to 38. Respectiv8 responsibilities of trusteès and Èxaminer The trustees (who are a150 the directors of the cornpany for the purposes of company lawl are responsible for the preparation of the accounts in accordance with the reqvirements of the Companies Aet 20061~the 2006 Act~l. The tiustees are satisfied that Èn audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and have chosen instead to have an independent examination. Having satisfied myself that the accounrs of the chariiable company are not required io be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my ex8min8tion of the charitable cornpany's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the requirements of the applicable Directions given by the Charity Commission under section 14515Xbl of the 2011 Act. Independent examiner's statement Since the charity's income is in excess of £250,000 your examiner must be a member of a body listed in the 2011 Act. I can confirm that l am qualified to undertake the examination because I am a registered member of the ICAEW which is one of the listed bodies. I have completed my examination. l confirm that no matters have come to my attention giving me cause to believe that in any material reSpt.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Acr,. or 2. the accounts do not accord with those records.. or the accounts do not comply with the accounting requiiements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination.. or 4. the accounts have not been prepared in accordance with the merhods and principles ol the Statement of Recommended Practice for accounting and reporting by chaiities lapplicable to charities preparing their accounts in accordance with the Finarhcial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns 2nd h£ve come across no orher matiers in connection wirh the examination to which £ttÈntion should be drawn in this report in ordei to enable a proper understanding of the £ccounts to be reaehed. David Williams FCA FCCA Loeke Williams Assoeiates LLP Blackthorn House, St P2uI's Square Birmingham, B3 1RL 21

D8te.. 1211212024 22

ONE DANCE UK
STATEMENT OF FINANICAL ACTIVITIES	(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2024	2024	2024	2023
					(restated)
	Note	£	£	£	£
Income from:
Grants Received		763,800	-	763,800	807,800
Donations and legacies	2	2,554	-	2,554	51,959
Charitable activities	3	87,820	-	87,820	89,428
Fundraising activities	4	5,615	-	5,615	10,150
Other income		192	-	192	3,103
		────────	────────	───────	───────
Total income		859,981	-	859,981	962,440
		────────	────────	───────	───────
Expenditure on:
Raising funds		72,296	-	72,296	72,712
Charitable activities	5,6	862,563	5,670	868,233	889,937
		────────	────────	───────	───────
Total expenditure	7	934,859	5,670	940,529	962,649
		────────	────────	───────	───────
Net income		(74,878)	(5,670)	(80,548)	(209)
Transfers between funds		-	-	-	-
		────────	────────	───────	───────
Net movement in funds		(74,878)	(5,670)	(80,548)	(209)
Reconciliation of funds:
Total funds brought forward	14	475,284	5,670	480,954	481,163
		────────	────────	───────	───────
Total funds carried forward	14	400,406	-	400,406	480,954
		============	============	===========	===========
All income derives from continuing activities.
The notes on pages 23 to 36 part of these financial		statements.
		23

ONE DANCE UK (a Company Limited by Guarantee)Company Number: 2931636 BALANCE SHEET

AT 31 MARCH 2024

			2024		2023
	Note	£	£	£	£
Fixed assets
Intangible assets	10		115,028		63,345
Tangible assets	11		1,400		954
			---------------------		---------------------
			116,428		64,299
Current assets
Debtors	12	6,319		104.595
Cash at bank and in hand		364,881		426,979
		---------------------		---------------------
		371,200		531,574
Creditors:Amounts falling due within
one year	13	(87,222)		(114,919)
		---------------------		---------------------
Net current assets			283,978		416,655
			---------------------		---------------------
Total net assets			400,406		480,954
			==========		==========
Charity Funds
Restricted funds	14		-		5,670
Unrestricted funds	14		400,406		475,284
			---------------------		---------------------
Total funds			400,406		480,954
			==========		==========

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

The company’s financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with The Charities SORP (FRS 102).

The financial statements were approved and authorised for issue by the Trustees on 0212/2024 and signed on their behalf by:

Amanda Skoog, Director

Julian Flitter, Director

The notes on pages 23 to 36 form part of these financial statements.

----- Start of picture text -----
2023
£
2024
£
----- End of picture text -----

ONE DANCE UK

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2024

		2024	2023
	Note	£	£
Cash flows from operating activities
Net cash used in/(provided by) operating
activities	16	21,814	(32,634)
		---------------------	---------------------
Cash flows from investing activities:
Purchase of fixed assets		(83,912)	(64,125)
		---------------------	---------------------
Net cash used in investing activities		(83,912)	(64,125)
		---------------------	---------------------
Change in cash and cash equivalents in the year		(62,098)	(96,759)
Cash and cash equivalents brought forward		426,979	523,738
		---------------------	---------------------
Cash and cash equivalents carried forward		364,881	426,979
		==========	=========

			At 31 March
	At 1 April 2023	Cash Flows	2024
Analysis of changes in net debt	£	£	£
Cash and cash equivalents	426,979	(62,098)	364,881
	==========	==========	==========

The notes on pages 26 to 39 form part of these financial statements.

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting policies

1.1 Basis of preparation of the financial statements

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), Charities SORP (FRS 102) (Second edition – effective 1 January 2019), and the Companies Act 2006.

One Dance UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 1.2 Company status

The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

1.3 Going concern

The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern at the time of signing the accounts as:

Core funding of £763,800 per annum is confirmed as NPO within Arts Council England’s National Portfolio of Organisations to March 2026;
The Charity has adjusted its future budgets and cashflow projections to anticipate projected earned income along with significantly lower programme costs through switching to hybrid delivery. The Charity expects to cover its operating costs to March 2026 ; and
The Charity’s unrestricted reserves are at the appropriate level set by the Trustees.

1.4 Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

Accounting policies (continued)

1.8 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the company.

Charitable activities are costs incurred on the company’s operations, including support costs and costs relating to the governance of the company apportioned to charitable activities.

1.9 Intangible fixed assets and amortisation

Intangible assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Intangible assets are initially recognised at cost and are subsequently measured at cost net of amortisation and any provision for impairment. Amortisation is charged over a period of five years.

1.10Tangible fixed assets and depreciation

All assets costing more than £500 are capitalised at cost.

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities incorporating Income and Expenditure Account.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment – 50% and 33% on cost

1.8 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

ONE DANCE UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting policies (continued) 1.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.10 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. 1.12 Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.13 Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

1.14 Fund accounting

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

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs 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.

Investment income, gains and losses are allocated to the appropriate fund.

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1. Accounting policies (continued)

1.15 Critical accounting judgements and estimation uncertainty

In the application of the accounting policies, the Trustees are required to make judgement, estimates, and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affected current and future periods.

In the view of the Trustees, no assumptions concerning the future or estimation uncertainty affecting assets or liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

2. Income from donations and legacies

	Unrestricted	Restricted
	Funds	Funds	Total
	£	£	£
2024
Donations	2,554	-	2,554
Grants	763,800	-	763,800
	---------------------	---------------------	-------------------
Total 2024	766,354	-	766,354
	==========	==========	=========
2023
Donations	26,959	-	26,959
Grants	763,800	69,000	832,800
	---------------------	---------------------	-------------------
Total 2023	790,759	69,000	859,759
	==========	==========	=========

ONE DANCE UK
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
2. Income from donations and legacies (continued)
The company recognised Public Funding income from:
			Arts Council England
			£
2024
Core			763,800
			-----------------------
Total 2024			763,800
			===========
			Arts Council England
			£
2023
Core			763,800
Dance Passion			25,000
			---------------------
Total 2023-			788,800
			==========
3. Income from charitable activities
	Unrestricted	Restricted
	Funds	Funds	Total
	£	£	£
Projects 2024	87,820	-	87,820
	=========	========	=========
Projects 2023	89,428	-	89,428
	=========	========	=========
4. Fundraising income
	Unrestricted	Restricted
	Funds	Funds	Total
	£	£	£
2024
Sponsorship	5.615	-	5,615
	-----------------------	----------------------	---------------------
Total 2024	5,615	-	5,615
	===========	===========	==========
2023
Fundraising events	150	-	150
Sponsorship	10,000	-	10,000
	-----------------------	----------------------	---------------------
Total 2023	10,150	-	10,150
	===========	===========	==========
	30

ONE DANCE UK	ONE DANCE UK
NOTES	TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
5.	Charitable activities - Direct costs				Total	Total
					2024	2023
					£	£
	Project expenditure				113,730	168,680
	Wages and salaries				238,803	226,516
	National insurance				24,306	22,906
	Pension costs				5,314	5,090
					------------------	------------------
					382,153	423,192
					==========	==========
6.	Charitable activities - Support costs				Total	Total
					2024	2023
					£	£
	Office overheads				28,508	12,339
	Administration costs				102,949	78,247
	Professional finance				23,432	25,698
	Governance				1,852	3,044
	IT and software				34,943	23,492
	Wages and salaries				265,831	288,293
	National insurance				22,573	29,153
	Pension cost				5,992	6,479
					------------------	------------------
					486,080	466,745
					==========	==========
7.	Analysis of expenditure by expenditure type
			Staff costs	Other costs	Total
			2024	2024	2024
			£	£	£
	Fundraising team costs		72,296	-	72,296
	Charitable activities		562,819	305,414	868,233
			------------------	------------------	------------------
			635,115	305,693	940,529
			=========	=========	=========
			Staff costs	Other costs	Total
			2023	2023	2023
			£	£	£
	Fundraising team costs		41,912	30,800	72,712
	Charitable activities		578,437	311,500	889,937
			------------------	------------------	------------------
			620,349	342,300	962,649
			=========	=========	=========
		31

----- Start of picture text -----
Total
2023
£
1,191
22,716
-
3,000
Total
2023
£
52,059
11,569
2023
No.
19
2023
No.
1
----- End of picture text -----

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

8.	Net income/(expenditure)
		Total	Total
	This is stated after charging:	2024	2023
		£	£
	Depreciation of tangible fixed assets:
	Owned by the charity	3,026	1,191
	Amortisation of intangible fixed assets	28,757	22,716
	Auditors’ remuneration – audit	-	-
	Independent examiner’s fees	2,400	3,000
		==========	==========
	During the year, no Trustees received any remuneration (2023 - £NIL).
	During the year, no Trustees received any benefits in kind (2023 - £NIL).
	During the year, three Trustees received £251 as reimbursement of expenses (2023 - £Nil).
9.	Staff costs
	Staff costs were as follows:
		Total	Total
		2024	2023
		£	£
	Wages and salaries	576,930	556,721
	Social security costs	46,879	52,059
	Pension costs	11,306	11,569
		-----------------	----------------------
		635,115	620,349
		==========	==========

The average number of persons employed by the company during the year was as follows:

	2024	2023
	No.	No.
Administration and projects	17	19
	==========	==========
The number of higher paid employees was:
	2023	2023
	No.	No.
Earning between £70,000 - £80,000	1	1
	==========	==========

The Chief Executive, Finance Director and the heads of departments represent the key management of the Charity. Remuneration and benefits received by key management personnel in the year were £262,632 (2023 - £243,646).

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

10.	Intangible fixed assets
		Software
		£
	Cost
	At 1 April 2023	175,364
	Additions	78,100
	Disposals	(109,679)
		--------------------
	At 31 March 2024	143,785
		=========
	Amortisation
	At 1 April 2023	112,019
	Charge for the year	28,757
	Disposals	(112,019)
		-------------------
	At 31 March 2024	28,757
		==========
	Carrying amount
	At 31 March 2024	115,028
		==========
	At 31 March 2023	63,345
		==========
11.	Tangible fixed assets	Office
		Equipment
		£
	Cost
	At 1 April 2023	62,298
	Additions	2,102
	Disposals	(30,540)
		-------------------
	At 31 March 2024	33,860
		==========
	Depreciation
	At 1 April 2023	61,344
	Charge for the year	702
	Disposals	(29,586)
		------------------
	At 31 March 2024	32,460
		==========
	Net book value
	At 31 March 2024	1,400
		==========
	At 31 March 2023	954
		==========

----- Start of picture text -----
Total
2023
£
7,309
10,740
86,546
2023
£
38,741
41,168
35,010
£
-
-
-
-
-
----- End of picture text -----

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

12.	Debtors
		Total	Total
		2024	2023
		£	£
	Trade debtors	-	7,309
	Other debtors	-	10,740
	Prepayments and accrued income	6,319	86,546
		----------------	----------------
		6,319	104,595
		========	========
13.	Creditors: Amounts falling due within one year
		2024	2023
		£	£
	Trade creditors	22,714	38,741
	Other taxation and social security	40,185	41,168
	Accruals and deferred income	24,323	35,010
		----------------	----------------
		87,222	114,919
		========	========

The figures in note 13 include £2,500 of deferred income, which is sponsorship for our 2024 U:Dance National event to be held in July 2024

Statement of funds
	Balance at					Balance at
	1 April 2023		Income	Expenditure	Transfers	31 March 2024
	£		£	£	£	£
Unrestricted funds
General Funds	375,930		859,981	(934,859)	(17,074)	283,978
Designated Funds
CRM	99,212		-	-	(99,212)	-
Fixed Asset Fund	-		-	-	116,428	116,428
Dance on Toolkit	142		-	-	(142)	-
	------------------		------------------	------------------	-----------------	-----------------
	475,284		859,981	(934,859)	-	400,406
Restricted funds
Creative Scotland	751		-	(751)	-	-
Dance Passion	4,919		-	(4,919)	-	-
	------------------		------------------	------------------	-----------------	-----------------
	5,670		-	(5,670)	-	-
	------------------		------------------	------------------	-----------------	-----------------
Total of funds	480,954		859,981	(940,529)	-	400,406
	==========		==========	=========	========	=========
		34

ONE DANCE UK	ONE DANCE UK
NOTES	TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14.	Statement of funds (continued)
	Comparative statement
						Balance at
		Balance at				31 March
		1 April 2022	Income	Expenditure	Transfers	2023
		£	£	£	£	£
	Unrestricted funds
	General Funds	347,210	893,440	(864,720)	-	375,930
	Designated Funds
	CRM	99,212	-	-	-	99,212
	Dance on Toolkit	32,040	-	(31,898)	-	142
		--------------------	--------------------	--------------------	--------------------	--------------------
		478,462	893,440	(896,618)	-	475,284
	Restricted funds
	Creative Scotland	751	-	-	-	751
	Paul Hamlyn Foundation	-	44,000	(44,000)	-	-
	Dance Passion	1,950	25,000	(22,031)	-	4,919
		--------------------	-----------------------	--------------------	--------------------	--------------------
		2,701	69,000	(66,031)	-	5,670
		--------------------	--------------------	--------------------	--------------------	--------------------
	Total of funds	481,163	962,440	(962,649)	-	480,954
		==========	===========	===========	==========	==========
	Designated funds
	Customer Relationship Database (CRM):The		Trustees designated in 2021/22 £100,000 of general
	funds for the purchase and implementation of a cloud-based CRM system and upgraded website for
	membership, events, marketing, donations and reporting. The			CRM and website went live during
	2023/24 and the designation has now been transferred to the			Tangible Fixed Asset fund.
	Dance On Toolkit:The Trustees	designated in 2021/22 £32,040 to create a ‘Dance On Toolkit’
	based on the Dance for Health Links event research sharing to			reduce the number of older people
	who are not achieving 30 minutes of moderate physical activity per week. The work on this project
	has been completed, and the remaining £142		transferred back to general funds.
	Fixed Asset FundThis has been created to designated future expenditure on depreciation on tangible
	and intangible fixed assets. As there is no likely residual value on any assets, this matches the total
	value of fixed assets on the balance sheet.
			35

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

14. Statement of funds (continued)

Creative Scotland

Creative Scotland provided an Open Project Fund grant to build on the professional development support offered to Scottish dancers, choreographers and dance students. This work has no been completed, and the expenditure for this year is in staff time.

Paul Hamlyn Foundation

One Dance UK was awarded a 5-year grant of £40,000 per year from the Backbone Fund as recognition of the important role that One Dance UK plays in the sector and as marking the establishment of a strategic relationship through which Paul Hamlyn Foundation may seek advice from time to time. The grant started in October 2018 and was not renewed for 2023/24.

Dance Passion

One Dance UK collaborated with BBC Arts a month-long celebration of dance from February 2022, featuring leading names and exciting new talent across television and online on BBC networks, stations, and platforms. One Dance UK and BBC Arts pulled together talent from across all four nations to create five hour-long programmes from four hubs across the UK: Warwick Arts Centre in Coventry, Theatre Royal Plymouth’s TR2, Leeds Northern School of Contemporary Dance, and London’s Sadler’s Wells. Dance Passion 2022 also included thirteen BBC Arts and One Dance UK cocommissioned short films and interactive projects by UK-based professional and community dance companies, independent artists, choreographers, and associated technical partners based in dance education and dance medicine. The expenditure in 2023/24 represents staff time in winding up the project, and some follow up work.

ONE DANCE UK	ONE DANCE UK
NOTES	TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15.	Analysis of net assets between funds
	Analysis of net assets between funds – current year
		Unrestricted	Restricted	Total
		Funds	Funds	Funds
		2024	2024	2024
		£	£	£
	Intangible fixed assets	115,028	-	115,028
	Tangible fixed assets	1,400	-	1,400
	Net current assets	283,978	-	238,978
		--------------------	--------------------	---------------------
		400,406	-	400,406
		==========	==========	==========
	Analysis of net assets between funds – prior year
		Unrestricted	Restricted	Total
		Funds	Funds	funds
		2023	2023	2023
		£	£	£
	Intangible fixed assets	63,345	-	63,345
	Tangible fixed assets	954	-	954
	Net current assets	410,985	5,670	416,655
		--------------------	--------------------	----------------------
		475,284	5,670	480,954
		==========	==========	==========
	37

----- Start of picture text -----
Total
2023
£
(209)
23,907
Total
2023
£
1,154
1,646
2,800
----- End of picture text -----

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

16. Reconciliation of net movement in funds to net cash flow from operating activities

	Total	Total
	2024	2023
	£	£
Net income/(expenditure) for the year (as per Statement of	(80,548)	(209)
Financial Activities)
Adjustment for:
Depreciation and amortisation charges	31,784	23,907
Decrease/(increase) in debtors	98,275	(24,907)
(Decrease)/increase in creditors	(27,697)	(31,425)
	--------------------	--------------------
Net cash provided by/(used in) operating activities	21,814	(32,634)
	==========	==========

17. Pension commitments

The company operates a defined contributions pension scheme which was implemented in February 2017. The assets of the scheme are held separately from those of the company in independently administered fund. The pensions cost charge represents contributions payable by the company to the fund and amounted to £11,306 (2023 - £13,297).

18. Operating lease commitments

At 31 March 2024 the total of the Charity’s future minimum lease payments under non-cancellable operating leases was:

leases was:
	Office equipment
	Total	Total
	2024	2023
	£	£
Amounts payable:
Within 1 year	1,154	1,154
Between 2 and 5 years	1,646	1,646
	--------------------	--------------------
	2,800	2,800
	==========	==========

ONE DANCE UK

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

19. Related party transactions

Trinity Laban Conservatoire of Music and Dance, in which Anthony Bowne is a Director, were paid £240 during the year (2023 - £nil). The transaction was on an arm’s length basis and the trustee received no benefit as a result of the transaction.

As disclosed in note 8, there were no transactions with Trustees in the year (2023 – no transactions).