ECHO ECHO DANCE THEATRE COMPANY Llml REP RT AND FIN TEMEN R THE YEAR ENDED 1MAR H 2023 HARITY NUMBER XR 23797 EGI TERED N MBER NI 42 E F MCCAMBRIDGE & CO CHARTERED ACCOUNTATrtrs & REGISTERED AUDITORS
DAN ETHEATRE NAN TATEME R THE YEAR ENDED GE Report of the Managemeni Committee Audiiors Report to the members 10-12 Statement of Financial ActlvStles 13 Balance Sheet 14 Notes10 the Financial Statements 15-20
ECHO ECHO DANCE THEATRE OMPANY REPORT OF THE MANAGEMENT COMMirrEE FOR THE YEAR ENDED 31 MARCH 2023 l am pleased to report on anoiher generally successful year for Echo Echo Dance Theatre Company in 2022123. Aftar two incredibly challenging years for society as a whole, lockdovm restrictions were eased through 2022 and Echo Echo's publlc programme of events began to fill up again. The first half of 2022123 was inevitably a slightly slower period as artists began working together on new projects and audlences lentallvely returned to indoors activities. However as the year progressed Echo Echo's programme has included and supported some wonderful artists and projects including local, regional and natSonal programmes as well as international projecis in Sweden and South Africa - as you can read below. Generous thanks to outgolng dlrector Mandy Blinco after four years of support to the company and very warm welcome to new dlrectors Clara Bradley, Gail Mahon, Frank Rafferty and past Echo Echo Chair Tina Mccauley who we are dellghted to have involved again. My gratitude to each of you for your encouragemenl, tlme and support. To the Echo Echo staff and ensemble - Stevg Batts, Allbe Belme, Barry Davls. Ayesha Mailey, Anna Nolan, Kelly Quigley, Zoe Ramsey and Tonya Sheina - you contlnue to work wholeheartedly and with great goodwill and dedication to the company during what have been extremely trying tlmes for the arts sector. Sustained underfunding of the arts in Northern Ireland, compared to our neighbours in the south and over the water, means that many new work projects, In partlcular. don't get past early siages of development or require huge voluntary commitments. On behalf of the Board I would like to congratulale you for the quallty of wort< produced and your contlnued commitment 10 Ihe company. Without the contlnued support of our principal funder Arts Councll Nl and local authorlty Derry Clty and Strabane Districl Council, It would be impossible for Echo Echo to contlnue In Its current form as a produclng company, Internatlonal festival and multl-arts Venue - our thanks for your contlnued support. Vital core and proje¢1 support from the Irish government through the Departmenl for Tourism Arts and Cullure, and private foundations includiro the Foyle Foundation and the Garfleld Weston Foundation in 2022123 are oratefully acknowledged. Finally, our thanks to those who participale in Echo Echo classes, courses or projects and all who attend the company's productlons. The artists really appreciate your valuable support and feedback on their creative process. We look forward to your continued involvement in the coming year. Delrdrn Glllesple Echo Echo Chalr Productlon and P rl rm New and repertoire works created by the Echo Echo Artistic Team - Artistic Director, Steve Batts; Ensemble Artists Ayesha Mailey, Kelly Quigley, Zoe Ramsey and Tonya Sheina; and Technlcal Manager Barry Davls - Included solo work. ensemble works and co-productions with resldent artlsts and partner companies. Echo Echo Solo performances - Kelly Quigley Lunchtime performance (Aprll 20221 Echo Echo Solos evenlng - new work by Ayesha Mailey and Kelly Quigley (June 2022) 'And We All Join In, _ improvlsed duel perfonnances by Tonya Sheina and Zoe Ramsey for Cullure Night (SepteTnber 2022) 'In the Belly of the Whale, art installatlon at Foyle Marltlme Festival with lighling design by Barry Davis (July 2022) 'Out There, . by Sighile Hennessy, Cindy Gummings & Steve Batts. New Work toured to Sibikwa Arts Centr6, Johannesburg, South Africa (October 2022) & Watergate Theatre Kilkenny In (September 2022) The Experiment, . Halloween performances created by Bary Davis. Zoe Ramsey & Echo Echo Ensemble (October 20221 'Marbleface' by Yasmin Mello - residencies and perlormance (November 2022) 'How to Watch Dancing, _ original solo work by Steve Batts (December 20221 'Poetics of Counterpoint, new solo work by Ayesha Mailey and Colin Norrby at Going Solo Together Festival, Sweden (December 20221 Chrislmas Lights Switch On and Festive Time Parade in association with Luxe and DCSDC (Decembgr 2022) 'Painting the Canvas, . an intergenerational new work collaboration between Maria Svennson and Echo Echo Dance Theatre Cornpany (January 2023) 'Nlght Llghls, Lighting Installation by Barry Davis on Waterloo Street, Derry supported by Derry City and Strabane Disirict Council (Gontinued throughout year)
ECHO ECHO DANCETHEATRE COMPANY REPORT OF THE MANAGEMENT OMMIThEE FOR THE YEAR ENDED 31 MARCH 2023 CONTINUED .1 loved this performance. It was intense, d8rk, vulnerable, human, and a tst SUP8rnatural... Audience feedback, The Experiment "Really enjoyed both performances. What a Joumey. so diverse and yet I lelt I was sitting at my ktshen table. Thank you" Audience feedback. Ensemble Solo performances "Thanks for coming here, you gave us so many magical moments during Going Solo Together Festivalj. Festival Feedback ormances 22123 Echo Echo Studios has become renowned for its high quality event productlon and intimate audlence setting nestled on the historlc Derry Walls. The venue has expanded its equipment stock In recent years thanks to support from the ACNI Small Capital programme and tho Derry City and Strabane District Councll Access programme. Echo Echo Studios, unique spaces and expanded technical capability have been increasingly In emand for a range of quality collaboratlons and cross-arts projects. A selection of music and theatre performances took place throughout 2022123 includes.. Rachel Kealey Showcase (June 2022) First Act Theatre Showcase (July 2022) Encore Choir Showcase (December 2022) The Fully Automatic Model & Rayon Vert, Mlchael McElroy, Porphyry, Vincent Ilve for Celtronic Festival 2022 (July 20221 The Other Selves, by Benno Vorrham (September 2022) Ports concerts, supported by Dander (September 2022) 'Tides' Film Screening - Ryan Vall (Sepiember 2022) 'For the Lov8 of Maty by Mel Bradley (October 2022) Derry Sound Factory events Don Vapple - in association wilh Ihe Playhouse and Moving on Music (November 2022> Rarescale - presented by Northern Lights Project (March 20231 Stefan Sing presented by In Your Space Circus (March 20231 "So w811 cratted andporformed. Sklffully executed. So moving with 8 profound impactful message. Amazing integratt'on of tech, lights and sounds." Audience member For the Love ol Mary by Mel Bradley 'A highly emotlonal and evocative piece, sometimes sad, sometlmes dlsturbing but so powgrtul & Gompelling. A maStee¢e of sound, visuals, volce story & movement"Audience member on malef&ce by Yasmln Mello "Echo Echo Is such a welcoming place to work with & work In. We recently used the main studio for a cinema premiere. It was a pleasure,. it had Isnt8Stic sound, lights and support from the in-170use tech. Very happy wjlh my experience there, looking forward to the next." Ryan Vail Exhibitl ns 2022123 The Echo Echo Gallery Programme space is curated by Echo Echo Associate Artist, Slnéad Smyth and welcomed the work of over 50 artists during 2022123. 'Landscape' Art Exhlbition - paintings by Peadar McDaid, Josephine Kelly and Paul Murray: curated by Sinéad Smyth for the 'Tradition and Beyond. Festival {September-Oclober 2022) Echo Wintgr International - open call that asked the question'what does echo mean to you?" an exhibition presenting the work of 45 artists from Ireland, UK, Franco Germany, Indla. (November 2022-January 20231 'In Our Nalure, paintings by Sash Ka Shells & Jacinta O'Rellly; curated by Sinéad Smyth for Echo Echo Festival {January-February 2023)
ECHO ECHO DANCE THEATRE COMPANY REPORT OF THE MANA EMEbrr MMirrEE Festlval8 2022123 Echo Echo Festival Presents 'Tradltlon & Beyond, was a short festival rooted in and extending the Irish tradition held from 14th to 18th Sepiember 2022, produced in partnership with Siamsa Tlre (Kerry) & Culturlann Ul Chana'n {Doire). Siamsa Tlre presents 'Keep the Failh. Keep the Folk. _ a new theatre performance by Joanne Barry and Anne O'Donnell. New Work Double Blll - performances created during Echo Echo Festival Residencies by: Kristyn Fonlanella & Moya Sweeney and Aneta Dortova & William Troy. Airc Damsha - Music and Tradttlonal Dance Concert at Culturlann 'onetwo3' . by Sarah Fennel and Laura Lundy 'Roots. Flowers, Fruits, Flound Table Discussion involving Festival guests, Echo Echo and locally based artists Worf(shop Programme led by Fesiival Artlsts 'Landscapgs' Art Exhibltion 'Great fusion of traditional and modem dance,. person81 histor8 of d8nce with humour and interesting, onginal concepts, caught and kept me spellbound. Brllllanl presentationsl"Audience member on Double Bill "Very quirky blend of deep celtlc and Interspersed with modem touche$. Touched my heart and my soul- harkened back to a near lorgotten age but brought it to the lore again. Loved ity. Audience member on Keep the Failh, Kgep the Folk 'Wonderful, great fun, orlgln81, entertalnlng andprovocative. It was great to watch. Irish dance and dancers dolng everything else. ljust loved them and It.'Audience member on onetwo3 Echo Echo Festlval of Dance and Movement returned for its ninth edition from 27th January to 11 th February 2023, curated by Echo Echo Artistic Director, Steve Batts. 'In Our Nature, . Echo Echo Spring Exhibition - Arts works by Sash Ka Shells and Jaclnta O'Rellly 'Palntlng the Canvas, _ Echo Echo Dance Theatre Company and Maria Svensson 'Double Bill, . Festival Commlsslons: 'Flgments' by Kelly Quigley and the Body Wisdom Group & 'Compose Yourself by Zoe Ramseys Dance Group. 'Equilibrium' by Emiby Welther and Danlel Brandl 'Ultan O'Brien & Nic Gareiss, 'Ways of Listenlng, FestSval Workshops - Emlly Welther & Daniel Brandl 'Dance the Tune, . Festival Workshops - Nlc Garelss & Ultan O'Brien 'We really enjoyed the performance. It W8s fv11 of fun and loved the idea 0fdanng as energy left behind/ mernory. Loved the intergeneratn81 aspect too - r8811y b88utifull Well done to all involvedl. Audience feedbaGk on PntIng tha Canvas What a powerful embodiment of our journey as women. Such different elements, kind ofshamanic and tribal. Loved it'Audience feedback on Flgments by Kelly Qulgley 'A wonderful exploration ol ffte interface between sound muslc & movement. Ama2ing live music improvisation around composed sound with re81 time technological manipulation whiGh stretched the auditory experience to allow the aUdnce to enter an 8lmost meditative st8te'Audienc8 feedbad( on Equilibrium by Emily Welther & Daniel Brandt 'Beautiful Perfom7ance. Loved the muslc81ity, the fom7al inlonnality of the interactions, the dynamic between Uttan arKI Nic. Lovely intimate space also for the performance.. Audience feedback on Ukan O'Brien & Nic Gareiss
ECHO ECHO DANCE THEATRE COMPANY REPORT OF THE MANAGEMENT COMMirrEE FOR THE YEAR ENDED 31 MARCH 2023 CONTINUED Partici ation and Partnershi s 2022123 Echo Echo offers a diverse programme of workshops and courses to suit all abilities and levels ol engagement including regular classes for thousands of children and adults of all ages annually. We support a range of different schools and community pro3rammes with dance and movement teaching. chorec*3raphy and performance projects - sometlmes these are company led and other times respond to demand and need from clients and partners. Additionally, Echo Echo Studios also hosts a range of particlpation programmes facilitaied by a broad raNJe of artists and organisations. Mlndlng Mum creative Movement class with Ayesha Mailey (April, May 2022) Pushkln Pathways - St Josephs, Omagh High, Ardstraw & Mcclintock PS IMay/June 2022) Praxls Care - Arts and Older People Sessions {June io September 20221 'Creepy Creatures, . Dance Workshop at Stendhal Festival, Limavady (July 2022) Echo Echo KKIS Summer Scheme (July 2022) St Cecilia's College - EA Creaiive Schools Project with Ayesha Mailey (September 2022) Go(Ml Relatlons workshops at Donemana primary schools {Autumn 2022) William Street Care Home & D8anfield Care Home - Arts and Older People Programme with Echo Echo Ensemble (September 2022 to March 2023) Meditation io Movement with Kelly Quigley {Autumn 20221 Atlantlc Technologlcal University Sligo Business and Sport dance workshop (Novembar 2022) Going Solo Togelher Festlval Workshops wlth Ayesha Malley (December 2022) Cumber Claudy Afterschools Club programme with Ayesha (January-march 2023) Body Wisdom programme for over 50s with Kelly Quigley (Ongoing) Echo Echo Kids Classes wlth Ayesha Malley & Tonya Shelna (Ongolng) Echo Echo Youth Dance with Ayesha Mailey Adult Dance Class with Zoe Ramsey (Ongoing) Model PS sesslons wlth Steve Batts and Tonya Shelna Other artlsts and partners delivering public and private participation events at Ectr Echo Studios during 2022123 included: First Act Youth Theatre weekly classes and pgrfonnance projects wtth Mary Fllzpatrlck In Your Space Clrcus Aerial Class Programmes Yoga wlth Chloe Humm Jean Parker Circle Dance courses Encore Choir rehearsals Wlng Tslun Kung Fu - Adult Classes and Kids Classes with Karen Cassidy Baby Yoga in partnershlp wlth the Women's Centre, Derry Baby Reflexology in partnership with the Women's Centre, Derry RTE Dancing with the Stars dance rehearsals Slnglng Mamas music workshops Kiri Cullen Dance Sessions Rachel Kealey Dance Summer Scheme Emma Logue cryst Healing worksl)ops
ECHO ECHO DANCE THEATRE COMPANY REPORT OF THE MANAGEMENT COMMirrEE FOR THE YEAR ENDED 31 MARCH 2023 coKfiNUED Resldencies and Collaborations 2022123 Echo Echo is committed to supporting artists at dirferent stages of their careers Including emerging artists, artists wlth dependents, lifelong learners, local citizens and international guests. The company has an extensive history of supporting new work creation and performance, research and developmeni projects, national and international residencies, local Vrk placemenls, international exchange students, exhibrtlons and installations, muslc vldeo production, and cross-arts collaborations among others, Including in 2022123: My Johansson (April 2022) Maggie Hannon and Sean Donegan residency development {May 20221 Mhairi Sutherland residency (August 2022) Benno Voorham residency (September 2022) Molly Kelly placement and residency (Autumn 2022) University of Edlnburgh School of Archltecture Residency (October 2022) Yasmin Mello residency developlng new rforManCe work 'Marblelace' with mentorlng from Steve Batts (November 20221 Peter O'ooherty ACES Residency (December 2022) Conor Mason recording (February 2023) ARC Fitness fllm recording (February 2023) Laurie Keegan residency development (February 2023) THAN Thanks to all of the people and organisations involved In Echo Echo Dance Theatre Company's programmes In 2022123 - all of the artisis, staff, audiences, particSpants, volunteers, partner organisations, clients, suppliers, supporters and funders.
ECHO ECHO DANCE THEATRE COMPANY REPORT OF THE MANAGEMENT COMMirrEE FOR THE YEAR ENDED 1 MARCH 2023 CONTINUED FINANCIAL REVIEW The Statement of Flnanclal Activities on page 13 details the results for the year. Overall. the Company had a net movement into funds of £26,599. This is made up of net movement in of unrestricted funds of £1,548 and a net movement in of restricted funds of £25,051. The net movements in of unrestricted funds for the year of £1 ,548 has been added to the unrestricted balances brought forward from 1 Aprll 2022 of £49,121 giving a net unrestricted balance carried forward at 31 March 2023 of £50,669. The net movements in of restricted funds for the year of £25,051 has been added to the funds balance brought forward at 1 April 2022 of £NIL. glving a net restricted fund balances carried forward at 31 March 2023 of £25,051. IN The company has developed a new five year Strategic Plan for 2023-28. This provides a plan as to how the company viill adapt and survive over the next few years. Due to the nature and fundlng of the company. costs can quickly be reduced if income is reduced. Due io ihe reserves and forecast budgeis Ihe management committee believe that this provldes sufflcient confidence that the Company is a going concern and the accounts have been prepared on that basis. Rl NA The committee has assessed the major risks to whlch the Company Is exposed, In partlcular those relaied to the operations and finances of the Company, and are satisfied that systems are In place lo mltlgate ihe exposure to major risks, Echo Echo has a business plan in place for 2023-28 and Vlill build on the outstanding successes of the previous corporale planning period whlch saw the reallsatlon of most key strategic objectives. The company aims to remain artist led and to retaln core staff whlle establishing the centre in increasingly challenging economic circumstances.
ECHO ECHO DANCE THEATRE COMPANY OFTHE MANAGEMENT C MMirrEE NTIN ED STRUCTURE GOVERNANCE AND MANAGEMENT Governln Docurnenl The organisation is a company Limtted by Guarantee not having a share capital, Incorporated on 23 Aprll 1998 arKI is registered with the Nl Charity Cornmis5ion. ointment of Mana ement Commlttee There are currently 4 directors on the Management Commlttee. Mana ement C mml In Tralnln New directors undergo an orientation day to brlef them on Ihelr legal ollgations under charity and company law, the charity commission guidance on publlc beneflt, a1 inform them of the content of the Memorandum and Articles of Association, the committee a1 the decision-making process, the business plan and recent financial performance of the charity. During ihe induction day they meet key employees and other members. Members are encouraged to attend appropriate external events where these wlll facllltate the undertaklno of the role. The Management Committeg admlnlsters the Charlty. To facilitate effective operations, Stephen Batts as Artistic Director and Ailbe Belrne as Company Manager jointly have delegated aulhority from the Management Committee for op8ratlonal matters Including finance and managemeni and general day to day operations of the organisation. s and co-o n wlth ror n8 None of the Directors receives remuneration or other benefits from their work with the Charlty. Any connectlon between a dlrector or senior member of Ihe charity with a contracted supplier must be dlsclosed to th? full Management Com mittee in the same way as any other contractual relatlonshlp wllh a related paty. In the current year no such rglated party transactions were reported. REFEREN E AND ADMINI TRATI N DEfAI The name of the Charlty Is Echo Echo Dance Theatre Company. It is a company Limited by Guarantee not having a share capltal. The Company was incorporated on 23 April 1998 and has charltable status. DIRE The company Is Ilmlted by guarantee and therefore there were no directors. interest In share capltal.
ECHO ECHO DANCE THEATRE COMPANY REP r OFTHE MANA EMEKr MAR MMrrrEE NA EMENT MMITT Deirdre Gillespie Ailbe Beirne RE Catherlne Mc Brlde THE Esther Alleyne Mandy Blinco (Resigned 2110212023) DeSrdre Gillesp5e Gail Mahon (Appointed 2110212023) Conceth'na Mccauley (Appointed 2110212023) TIC DIRE Steve Batts EGISTERED FFI Waterloo House Magazlne Street Derry, BT48 6HH BANKERS Bank of Ireland Strand Road Dery 8T48 78T AUDITOR E F Mccambrfdge & Co 6 Baybiew Terrace Derry BT48 7EE COMPANY NUMBER Nl 34042 LEGAL STATUS Company Limited By Guarantee CHARITY NUMBER XR 23797 CHARITY COMMISSION NI NUMBER NIC 100L9
ECHO ECHO DANCE THEATRE COMPANY REPORT OFTHE mANAGEmETr COMMITTEE FOR THE YEAR ENDED 31 MARCH 2023 CONTINUED BOARD FTR TEES RESPONSIBILITY STATEMENT The Management Committee (who are also directors ol Echo Echo Dance Theatre Company for Ihe purposes of company lawl are rèsponsible for preparing the Managemenl Committees, Annual Report and the financial statements In accordance with applicable law arKI United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requlres the Management Committee to prepare financial statements for each flnanclal year, whlch 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 charltable company for that period. In preparing these flnancial statements, the Management Committee are required to: select suitable accounting policies arKI then apply them conslstently; observe the melhods and principles In the Charities SORP (FRS 102); rnake ludgement5 and estlmates Ihal are reasonable and prudent; state whether applicable UK Accountlng Standards have been followed, subject to any maierial departures disclosed and explalned In the financial statements; prepare Ihe flnancial statements on the going concern basis unless it is inapproprlale lo presume that the chariiable company will continue in operation The Managemenl Commlttee are responslble for keepino adequata accounting records that disclose with reasonable accuracy at any tlme the financial position of the charitable company and to enable them to ensure that the financial statements comply wilh the Companies Act 2006. They are also responsible for safeguardlng the assets of the charitable company and hence for taklng reasonable steps for the preventlon and datelOn of fraud and other irregularities, In so far as the Managemeni Committee are aware: there is no relevant audlt Informatlon of which the charitable companls auditor 18 unaware; and the truslees have iaken all steps that they ought to have taken to make themselves aware of any relevant audlt Information and io establish that the auditor is aware of that informatlon. AUDITORS A resolution proposing that E F McCambrSdge & Co. be re-appointed as Audilors of the Company will be put to the Annual General Meeting. SMALL COMPANY PROVISIONS Thls report has been prepared in accordance thryth the provisions applicable to companles entltled to the small companles exemption. Approved by ihe Management Committee on 21 December 2023 and slgned on their behalf by . DIRECTOR: CATHERINE MCBRIDE
INDEPENDEKf AUDITORS, REPORT TO THE MEMBER AND TRUSTEES OF ECHO ECHO DANCE THEATRE COMPANY OPINION We have audited the financial statements of the Echo Echo Dance Theatre Company for the year ended 31 March 2023 which comprise the Statemenl of Financial Activities, the Balance Sheet, and the relaled noles to the financial statements. including a summary of significant accountlng policles. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial gtatements give a true and fajr view of the state of the charitable companys affairs as ai 31 March 2023 and of its Incoming resources and application of resourses, for Ihe year then ended; have been proper5y prepared In accordance with United Kingdom Generally Accepted Accounling Practice. and have been prepared in accordance wllh the requirements of the Companies Acl 2006 PINI We conducted our audit in awordance with Internatlonal Standards on Auditing (UK) (ISAS IUKI) and appllcable law. Our responsibililies und8r those standards are further describ8d in Ihe Auditor's responslbilltles for the audil of the financial statements sectlon ol our report. We are independent of Ihe charltable company in accordance with the ethical requlrements thai are relevant to our audit of the flnanclal statements in the UK, including the FRC'S Ethlcal siandard, and we have fulfilled our other ethlcal responsibilities in accordance with these requiremenls. We believe that Ihe audit evidence we have obtalned Is sufficient and appropriate to provide a basis for our opinion. IONS RELATIN INGC ERN In auditing the financial statements, we have concluded that the Trustees. use of the golng concern basis of accounting in the preparaiion of the financial statements is approprlate. Based on the work we have performed, we have not identlfled any materlal uncertainties relatiry to events or condltlons that, individually or collectively, may cast slgnlflcant doubt on Ihe company's ability lo contlnue as a golng concern for a period of al least twelve months from when the financial statements are authorised for issue. Our responsibilitles and the responsibilities of the Trustees Mrfth respect to going concern are described in the relevant secOnS of this report. OTHER INFORMATION The other information comprises the Information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent olherwise explie5tly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent wrth Ihe financial statements or our knowledge obtained in the course of the audit. or otherwise appears to be materially misstated. If we identify such malerlal inconsistencies or apparent materlal misstatements, we are required lo determine whether Ihis gives rise to a material misstatement in the finan¢ial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatem8nt of this other information. we are required to report Ihat fact. We have nothing to report In this regard. -1
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS AND TRUSTEES OF ECHO ECHO DANCE THEATRE COMPANY .......... coTrrfiNUED PINI THER MArrERS PRESCRIBED BY THE COMPANIES ACT 2006 In our opinion. based on the work undertaken in the course of the audit: the Information given In the Trustees, Report for the financlal year for whlch the financlal statements are prepared is consistent with the financial statements. and the Trustees, Report has been prepared in accordance wlth appllcable legal requlrements. MATfERS N WHICH WE ARE REQUIRED T REP RTBYEX EPTION In the light of our knowledge and under*andlng of the charltable company and Its environment obtaId In the course of the audlt, we have not identified materfal misstatements In the Trustees. ReFYJrt. We have nothiro to report In respect of the following matters in relaiion to whlch the Companies Act 2006 requires us to report to you rf, in our oplnion: adequate accounting records have not been kept, or returns adequate for our audit have not been received by us; or the financial statements are not In agreement wlth the accountSng records and returns. or certain disclosures of Trustees, remuneralion specified by law are nol made. or we have not receSved all ol the Information and explanatlons we requlre for our audlt. IBILITI FTR EE As explained more fuSly in the Trustee's responsibilitles statement set out on page 8, the TrU9eS, who are also the directors of the charity for the purposes of company law, are responslble for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparlng the flnanclal statements, the Trustees are responslble for assesslng the charltable company's ablllty to contlnue as a golng concern, disclosing, as applicable, matters related to golng concem and using the golng concern basis of accounting unless the Trustees either intend to liquidate the charitable company or lo cease operations, or have no realistic alternative but to do so. DIT RE IBILrriES F R THEA DIT F THE FINAN IAL TATEME Our oblectlves are to obtain reasonable assurance about whether the financlal statements as a whole are free from material rnisstatement, whether due to fraud or error, and to issue an Auditor's Rewrt that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are consldered materlal If, Indlvldually or in the aggregate, they could reasonably be expected to influence the economic declslons of users taken on the basls of these flnanclal statements. A further descrlptlon of our responsibilities for Ihe audit of the flnanclal statements Is locaied on the Financial ReportirYJ Council's website at: hllpsJlwww.frc.org.uklOur-WorklAudiVAudit-and-assurancelStandards-arKI-guidancelStandards-and-guidanc for-auditorslAuditors-responsibilities-for-auditlDescription-of-auditors-responsibilities-for-audit.aspx. This description forms part of our auditors report. -11-
INDEPENDETrif AUDrroRS' REPORT TO THE MEMBERS AND TRUSTEES OF ECHO ECHO DANCE THEATRE COMPANY .......... coKfiNUED USE OF OUR REPORT This report is made solely to the charitable companys members, as a body, in accordance wlth Chapter 3 of Part 16 of the Companies Act 2LX)6. Our audit vnrk ha3 been undertaken so that we might state to the companys members those matters we are requlred to state to them in an auditorfs report and for no other wtpose. To the fullest extent permed by law, we do not accept or assume responsibilty to anyone other than the company anc5 the companys members as a body, for our audit work, for this report. or for the cpinions we have formed. 4.,dL£ hlln FCA nl oran h If f EF Mccam rl rr -12-
ECH ECHO DANCE THEATRE COMPANY TATEMENT OF FINANCIAL A TIVITIE CH Unrestricted Restricted Total Funds Funds Funds Total Funds Notes INCOME FROM: Donations & Legacles Charitable Activities Olher Trading Activities Investment Income 244 244 230,083 51.800 889 143,330 77,043 230,083 51.800 TOTAL IN 52,044 230,083 282,127 221,262 XPENDIT REON Raising Funds Charitable Activities 1,167 49,329 17,969 187,063 19,136 236,392 18,306 218,691 TAL EXPENDI 50,496 205,032 255,528 236,997 EXPENDIT RE 1,548 25,051 26,599 (15,735) Transfer between funds VEME 1,548 25,051 26,599 115,7351 RE ONCILIATION OF FUNDS Nei movement In fund8 lor Perlod Total funds broughl foward 1 Aprll 2022 Totsl funds carrlod forward 31 March 2023 1,548 49,121 25,051 26,599 49,121 {15,735) 64,856 50,669 25,051 75,720 49,121 The income and expendlture summary as required to be disclosed by ihe Companies Act 2006 is included at note 12. The above amounts relate to continuing operations of the Company. The Trust has no recognised gains and losses other than those included in the results above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. -13-
ECHO ECHO DANCE THEATRE COMPANY BALAN HEET AT 1MAR (Company Ilmlted by guaraniee and not having a share capital) Notes As at 311 at 11 202 CURRENT SETS Debtors & Grants Outstanding Cash at Bank & In Hand 19.068 82,049 9,077 44,748 81,117 53,825 CURRENT LIABILITIE Credltors & Accrued Expenses 10 5,397 4,704 5,397 4,704 ET CURRENT ASSETS 75.720 49,121 75,720 49,121 NCOME F ND Unrestrlcted Funds Restricted Funds 50,669 25.051 49,121 11 75,720 49,121 These financial statements have been prepared In accordance with the speclal provlslons relatlng to companies subject lo the small companieg regime. The accounts were approved and authorised lor issue by the Management Committee on 21 December 2023. DIRECTOR .. CATHERINE MC BRIDE SECRETARY .. AILBE BEIRNE -14-
DAN TH TE ON AND FORMING PART OF THE FINANCIAL ND 1MAR TATEMENTS 1 NATURE OF THE COMPANY The company was Incorporated on 23rd Aprll 1998 and Is Ilmlted by guarantee. It is regislered as a charity with the Charity Commission Nl with effect frorn 21 March 2014. The tharity is a public benefit entity. 2 sTATEmEr F COMPLIAN The financial statements have been prepared in accordance wlth the accounllng and reporting recommendations of the Charities Statement of Recommended Practice and applicable to charities preparing their accounts in accordance wlth Financial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. NTIN POLICIES The prlncipal accounting policies adopted, ludgemem8 and key sources of estimation uncertainty In the preparation of tha financial statements are as follows: Isof re ar The financial statements have been prepared on the hlstorlcal cost basls, as modrfied by the revaluation of certaln flnancSal assets and liabilities and investment properties measured at fair value through proflt or loss. The flnandal statements are prepared in sterlirvJ. which is the functional currency of the enllty. {bl Pre ara ion in m Basls The Management Committee are of the view that they will recelve sufficient furKling to cover running costs for more than a year and on this basis the charfty is a golng concem. The Management are in regular contact with funders to secure thelr ongolng support. All income Is Induded In the Statament of Financial Activities when the charlty Is legally entltled to the Income after any perfonnance conditions have been met. the amount can be measured rellably and11 is probable that the income will be received. Donations are Included In full In the Statement of Financial Activities when received. The charity receives governmeni and other grants in respect of their charitable aims. Income from government and other grants are recognised at lair value when the charity has entitlernent after any pertormance conditions have been met, it Is probable that the Income wlll be received and the amount can be measured reliably. If entltlement Is not met then these amounts are deferred. (d) Fund Accountin Unrestricted lunds are expendable at the discretion of the Management Committee in furtrance of the objects of the charity. In addition fUlS may be hekl in order to finance capital investment and worklng capital. Deslgnaled funds are restricted of the charity which the Management Committee may at Its discretion set aside funds for specific purposes which would otherwise form part ol the general reserve of the charity. Restricted funds are grants and donations recelved whlch are earmarked by the donor for particular areas or for specific purposes.
NOTES ON AND FORMING PART OF THE FINANCIAL E YEAR ENDED 1MAR TATEMENTS 3 AccoufrrriNG POLICIES CONTINUED (e) Interest Receivable Interest on funds held on deposit is included when receivable and the amount can be moasured rellat4y by the charity- This is normally on notilicalion of the interest paKI or payable by the bank. enditur nd irrecoverable VAT Expenditure is recognised once there is a legal obligation to make a payment to a third party. il Is probable Ihat settlement will be required and the amount of obllgatlon can be measured reliably. Expenditure is classified under the tollowlng actlvty headlngs: Cost of Raising Funds.. comprlses the cost Incurred in seeking donations and fundlng, stsging events and contactlng funders and others to raise funds on behalf of the charty. Expenditure on Charitable Activities Includes the costs of runnlng all the projects and all aciivilies undertaken to further the purposes of the charfty their associated costs. {g) Tan Ibl FIX There are no Tangible Fixed Assets In the accounts. an orsR ivablelPa able within one ar Debtors and credltors wlth no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from Impalmient are recognised in expenditure. As a charlty reglstered with the Charty Commission Nl (NIC 100069) and also having charitable ststus Ihrough HMRC the company is not liable to either Income tax or Corporation Tax. aimen There are no assets In the accounts, therefore no issues with impairment. Monetary assets and Ilabilities denominated in foreign currencbes are translated into sterling at the rate of exchange prevailing at the accounting date. Forelgn currency transactions are recorded at the date of the transaction and all differences are taken to the Statement of Financial Activities. lo ee Benefi When employees have rendered service to the charty. short term employee benefits to which the employees are entllled are recognised at the undiscounted amount expected to be paid in exchange for that seNice. (m) untin In the application of the chartys accountlno policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The esllmates and uThJerlyng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affecls only thai period. or in the period of the revlsion and futura p&ric6 vthere the revision affects both current and future periods. (n) Disclosure Ex ion The charitable company has taken advantage of the exemption in SORP 2015 from the requlrement to produce a cash flow statement because it 18 a small charity. -16-
HOE HO DAN E THEA RE MPAN TE N AND FORMIN PART F THE FINAN R ENDED 1MAR STAT MEKrs Unresirlcted Restrlcled Total Funds Funds Fund8 2023 Tolal Funds 4 INCOME FROM: {a) DONATIONS & LEGACIES Donations 244 244 889 (b) CHARITABLE ACTIVITIE Grants Received: Arts Councll of N l - Annual Funding Programme Arts Council of N l - Equipment Fund Arts Council of N l - Arts & Oldar People Prog. Year 3 Arts Council of N l Arts & Older People Arts Councll of N l - Rural Engagement Arts Programme DCSD Councll - Headllne Events Fund DCSO Council - Cultural Organisatlons Fund DCSD Council - Good Relations Co-Cl)eratlon Wllh N I Bank of Ireland - Begln Together Fund WHSCT Posllive Ageing Month DCSDC Dlsablllty week Foyle Foundalion Garfield Weston Foundation DCSD Councll - Walled City Partnerghip Heritage 116.772 11,437 3,604 4,000 9,000 18,316 12,619 4,000 9,403 116,772 11,437 3,604 4,000 9.000 18,316 12,619 4,000 9,403 106,410 18,261 12,619 5,040 500 500 15,000 20,000 5,932 15,000 20,000 5.932 230,083 230,083 143,330 (c) OTHER TRADIN IVITIES Workshop & (Xher Fees Box Office Income & Performance Fees Rental Income HMRC Employment Allowance Coronavirus SSP Other Income DOF - Locallsed Restrlctlons Support Scheme 14,436 22,518 9,704 5,000 14,436 22,518 9,704 5,000 15,325 37,203 6,270 4,000 578 67 13,600 142 142 51,800 51,800 77,043 5 NET INCOMING RESOURCE Net incoming resources is after charging: Depreclatlon 2023 2022 6 KEY MANAGEMENT PERSONNEL AND REMUNERATION EXPEN The Management Comrniltee neither received nor waived any remuneration during the year; The Managern8nt Committee dld not have any expenses reimbursed during Ihe year., There were no employee benefits recelved by key management personnel during ihe year. -17-
EATRE MPANY D FORMING PART OF THE FINANCIAL STATEMENT Unrestrlcted Restrlcted Total Costs Total Costs 2023 2022 Notes RAISING FUNDS EXPENDITURE Fundraising Salary Costs Rent Heat & Light Telephone Printing Postage & Statlonery Insurance 7(a) 7(b) 7{b) 7(b) 7(b} 7{b) 1,112 14,505 2,362 735 67 65 235 15,617 2,362 735 67 72 283 15.088 2,362 437 62 19 338 1,167 17,969 19,136 18,306 7 {a)30Y• of the Company Manager's Salary Costs, 10Vo of the Artistic Dlreclor's Salary Costs and 10Yo of the Development Officer's Salary Costs have been allocated as Raising Funds Expenditure. 7 (b)1 of the iotal ovarhead costs have been allocated as Raislng Funds Expendlture. HARITABLE ACTIVITIE EXPENDrr RE Freelance Faes Project Materlals & Other Costs Salary Costs Publicity & Evants Management Travel & Accommodatlon Expenses Staff Tralning Premises & Equipment Capital Cost Rent Heat & Light Telephone Prlntlng Posiage & Stationery Insurance Audit & Accountancy Fees Subscriptions & Licences Repalrs. Malntenance & Cleaning Bank Charges & Interest ProfiVLoss on Foreign Exchange Miscellaneous 22,142 2,047 15,864 34,787 4,558 83,714 6,614 2,493 56,929 6,605 99,578 6,614 5,023 51,175 23,453 96,222 2,658 2,194 30 5,007 21,259 3,931 557 172 3,049 3,600 865 3,915 438 107 59 8{a) 2,530 4,489 17,369 21,259 6,612 600 589 2,116 3,480 686 1,887 299 21,858 21,259 6,612 600 654 2,551 3,480 686 3,412 478 {1,310} 1,363 8{b) 81b) 81b) 81b) 8(b) 65 435 1,525 179 (1,310) 1,363 49.329 187.063 236,392 218,691 8 (a)70 of the Company Managerfs Salary Costs, 90Y. of the Artistic Director's Salary Costs and 9/0 of the Development Officerfs Salary Costs have been allocated as Charitable Activities Expendtture. (b)9/0 of the total overhead costs have been allated as Charitable Activities Expenditure. -18-
ECH ETHEA RE TE AND FORMING PART OF THE FINANCIAL TATEMEKr RATrir Asal 3110312022 311031202 Grant & Other Debtors 19,068 9,077 Total 19,068 9,077 REDITOR Accrued Expens95 Audit & Accountancy Fees 2,097 3,300 1,704 3,000 Total 5,397 4,704 11 STrICTED F ND The income funds of the charliy Include restricted funds comprising the followlng unexpended balances of grants to b8 aFpli8d for speclflc purposes 881 1 A r112 vement mln Movemen18 Balance REVENUE GRANT Arts Council of N l - Annual Funding Programme Arts Councll of N l - Arts & Older People Prog Arts Council of N l - Arts & Older People Prog. - Year 3 Arts Council of N l - Rural Engagemenl Arts Programme DCSD Councll - H&adline Events Fund DCSD Councll - Cultural Organlsatlons Fund DCSD Councll - Good Rèlations ROI - Co-operaiion with Nl 2022 Foyle Foundalion Garfield Weston Foundatlon 116,772 4,000 3,604 9,000 18,316 12,619 4,000 9,403 15,000 20,000 1116,7721 12,590) (3,604) 1,410 9,000 118,316) 112,619) 14,000) 19,403) (15,000) (5.359) 14,641 212,714 (187,663) 25,051 APITAL RATrrr DCSDC - Walled City Partnershlp Heriiage Arts Council of N l - Equipment Fund 5,932 11,437 (5,932) (11,437) 17,369 {17,369) TAL 230,083 1205,032) 25.051 -19-
DAN ETHEATRE MPANY TO AND FORMING PART OF THE FINANCIAL STATEMETrir 12 EXPE Gross Incomè 282,127 221,262 Resources Expendilure Cost of Generatlng Funds Cost of Charilable Acllvities 19,136 236,392 18,306 218,691 255,528 236,997 Nei incoming resources 26,599 (15,735) Surplu8lDoflcll} for the year 26,599 (15,735) Total Income comprises £52,044 for unrestrlcted funds and £230,083 for restrlcted tunds. A detalled analysis of incom8 by source is provided in the Statement of Financlal Actlvltles and note 4. Detalled analysls of the expenditure are provided in the Staiement of Financial Activilies and notes 7 & 8 and excludes expenditure which is not out of income funds. The Income and Expendlture Summary Is derlved from the Statement of Flnancial Activities on page 13 which together wlth the notes to the accounts on pages 15 to 20 provides full information on the movements durlng the year on all the funds of the charity. ST Wages and Salarles Soclal Securlty Costs Pension Costs 102,521 9,600 3,074 99.477 8,849 2,984 115,195 111,310 2023 Average monthly number of employees The number of employees whose emoluments. as defined for taxation purposes, amounted to over £60.000 in the year was as follows: 22 Greater than £60.000 14 FRC ETHICAL STANDARD SECTION 8 . PROVISIONS AVAILABLE FOR AUDIT OF SMALL EbifiTIES In common wllh many other businesses our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.