COMPANY REGISTRATION NUMBER: N1071673
CHARITY REGISTRATION NUMBER: NIC105810
Theatre and Dance Nl
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024
Finegan Gibson Ltd
Chartered accountants
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Theatre and Dance Nl
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Directors, annual report (incorporating the director's report)
Independent examiner's report to the directors
Statement of financial activities (including income and
expenditure account)
17
19
Statement of financial position
20
Notes to the financial statements
21

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The directors, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 March 2024.
Chair's report
On behalf of Theatre & Dance Nl, it is my pleasLJre to present to you our Annual Report. Our primary
objectives during the year were..
to continue to connect, support development, represent and champion the theatre dance and
performing arts sectors
to support and champion all our members, and
to work with our partners to advocate for a thriving theatre, dance and perfomiing arts ecology in
Nl and beyond.
As a key stakeholder in one of Northern Ireland's vital industries, it is our job to not only consolidate
the work we have already achieved but also to strategically develop our role both within the arts seclor
and beyond the wider ecology of Northern Ireland, Great Britain, Ireland and internationally. Despite
the sector being in an increasingly fragile position due to the precarious funding environment, our
priority through the year was to continue to support all our members, but particularly, our freelance
and independent artists who continue to need our voice and support, as they continue to navigate the
challenging and uncertain environment. Theatre and Dance Nl have continued to consult with and
listen to the sector to ensure we can serve theatre and dance at a strategic level. We have collectively
championed the outstanding work of Northern Ireland's dance and theatre community, both here at
home and internationally. We have continued our work with others in the broader arts sector as part of
the Culture, Arts and Heritage Recovery Taskforce, and to advocate for policy development and
increased public inveslment in the arts at a time when the sector and wider populus continued to
suffer from the lasting effects of the pandemic and cost of living crisis. l am particularly proud of our
involvement in the development of the new Creative Industries Independent Standards Authority
(CIISA) whose services will go live later in 2024. The success stories that can be seen through our
expanded programme of activities show what Can be achieved when the arts sector works to build
stronger relationships with individuals, other organisations and key government departments. This is
further testament to the absolute dedication and hard work of our Executive Director, Niamh Flanagan,
and the entire staff team that have supported her through the year.
Thanks, must also go to my fellow Board Members for their support and guidance throughout 2023124
and I look fO￿ard to working with you all in 24125 to further develop and strengthen the Board as we
implement our new strategy. I would also like to acknowledge the support we receive from our
principal funders the Arts Council of Northern Ireland and Belfast City Council as well as the British
Council Nl. Future Screens Nl, Idlewild Trust Foundation, Arts & Business Nl through the Blueprint
programme and key trusts and foundations, all of whom understand that a vibrant and risk-taking
sector needs enduring support. Finally, thanks to our members for your continued engagement and
the work that you do. We are extremely proud to work on yours and our industry's behalf.
Louise Rossington Chair TDNI

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (¢ontlnued)
Year ended 31 March 2024
Introduction by the Executive Director
l am delighted to reflect on the work of Theatre and Dance Nl (TDNI} outlined in this report for 2023124
and proud of what our Board, team and partners have delivered together for our members and the
sector.
Our 2023 programme highlighls included delivery of the second iteration of INVEST, our professional
development and mentoring programme; our annual Spotlight on Theatre and Dance Nl at the
Edinburgh Festival Fringe and Dance Intensive with Michael Keegan Dolan. Continuing lo deliver
these high-level industry programmes is a key commitment for TDNI and ongoing evaluations and
review of our work is showing us that we are delivering a deeper, longer-lasting impact through our
suite of events, essenlial training, and professional artists development and platforming programmes.
Following engagement in the feasibility study for a new all-island dance company commissioned by
Arts Council of Irelandl An Chomhairle, we were thrilled with the announcement of the new national
dance company Luail. Congratulations to our members, Maiden Voyage Dance., and to Liz Roche
Company, the Irish World Academy of Music and Dance, and University of Limerick, who we
supported in their bid. Together, they bring a wealth of knowledge and expertise in dance, both
nationally and internationally. We wish them every success and look fotward to engaging meaningfully
with them. This significant investment by Arts Council Ireland has the potential to truly transfomi the
landscape for dan￿ across the island.
Given the current environment our sedor and workers continue lo operate in, TDNI worked to embed
more sustainable environmental practice and to increase the mental health and wellbeing support
across all our programmes.
As part of our broader Creating Safer Spaces initiative, we continued to support our members and
their families through our Member Assistance Programme {MAPI while also engaging with industry
stakeholders in the creation of the proposed new body, CIISA Creative Industries Independent
Standards Authority. The new body aims to launch in late Autumn 2024 and will work towards
improving standards of behaviour across the creative industries.
Following the development of our new strategy supported by Strategy Consultant, Olwen Dawe, l am
very grateful to the Board and the teams at NICVA and Arts & Business Nl for their crrtical support in
maintaining our high standards of governance.
Thanks also to all our members, as well as those who engaged and contributed to the Taskforce focus
groups and submissions- for sharing their expertise, experiences and insights which informed the final
report delivered to the Permanent Secretary, DFC, in July 2023. As a member of the CAH Taskforce,
this was a key milestone in the Taskforce's advisory role to support the Department for Communities
in developing the draft vision and strategy for the Culture Arts & Heritage sectors.
We are also grateful to all those engaged in and informed the development of the Arts Council of
Northern Irelands strategy, and to the establishment of a Freelancers Deliberative Forum for theatre
and dance.
We remain committed to advocating for our members and the broader sector, lo increase the support
across government in achieving our sectors and societal wider ambitions and goals.
Finally, we are incredibly grateful to our principal funder ACNI for all their support, and to Belfast City
Council Culture Unit, British Council Nl, Future Screens Nl, Idlewild Trust Foundation and to Arts &
Business Nl for your investment and support.
Niamh Flanagan Executive Director, November 2024

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) {continuedJ
Year ended 31 March 2024
Reference and administrative details
Registered charity name
Theatre and Dance Nl
Charity registration number
NIC105810
Company registration number N1071673
Principal office and registered The Crescent Arts Centre
office
24 University Road
Belfast
Co Antrim
BT71NH
Northern Ireland
The directors
A Knight
R Lavery
L Harley
K Jeffrey
A Jones
F Mellor
C Murray
L Rossington
(Resigned 6 July 2023)
(Resigned 6 July 2023)
(Appointed 21 May 2024)
Secretary
N Flanagan
G McGarvey
(Resigned 21 May 2024)
(Appointed 21 May 2024)
Independent examiner
Finegan Gibson Ltd
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
Structure• governance and management
Legal Structure
Theatre and Dance Nl is a Company Limited by Guarantee and does not have a share capital.
Theatre Nl (TNI) was originally set up in 2009 as the 'Ulster Association of Youth Drama, (UAYD). The
Company changed its name from UAYD to TNI on 20 April 2015 following a merger with the Northern
Ireland Theatre Association {NITA). It is governed by the Memorandum and Articles of Association.
Theatre Nl was recognised as a charity by the Charity Commission for Northern Ireland on 2 March
2017 - Reference Number NIC105810. Dance Resource Base was merged with TNI on 24th April
2020 to form Theatre & Dance Nl.
Governance & Management
Theatre & Dance Nl is governed by a Board of Directors. Directors are responsible for the Company's
assets and liabilities, setting policies and strategic plans, and for overseeing and ensuring the
appropriate implementation and monitoring of the Company's policies, aims and objectives. The
day-to-day running of the Company is delegated to the Executive Director.
Staff & Team
Niamh Flanagan, Executive Director
Gail McGarvey, Deputy Director
Molly Rose Street, Project Development Officer
Sarah English. Communications and Engagement Officer
Associate Staff team
Hayley McBride, Finance Officer
Recruitment and Appointment of Directors
The following information relates to the recruitment and appointment of Directors for the organisation
in the year ended 31 March 2024.
Following the merger between Theatre Nl and Dance Resource Base, the Members ensured that 50%
of the Board Members would have previously been involved with both DRB & Theatre Nl. Unless
otherwise determined by ordinary resolution, the number of Directors should not be more than 12 nor
less than 3. At the first Annual General Meeting of the Company, and at every subsequent one,
one-third of the Directors should retire from offiGe, or if their number is not three or a multiple of three,
then the number nearest one-third shall retire.
A director who has served three consecutive years shall retire from office. A director who retires in
accordance with this Article, if willing to act, shall be eligible for reappointment at the annual general
meeting for a further term of three years, subject to Article 41 and an internal review process. The
maximum period a director Can serve is six consecutive years.
The Memorandum and Articles of Association provided Directors with the power to co-opt new
Directors for a period of up to 24 months. A co-opted director shall be eligible to be co-opted again,
subject to a recommendation from the Directors on each occasion but shall not serve for a period of
more than 24 months consecutively.
Inductton & Training of New Directors
New Directors receive information outlining their roles & responsibilities, the Strategic Plan, Minutes
from the last 3 meetings of the Directors, and the most recent accounting report. During 2023124, the
Directors monitored the progress of the Company's activities against its aims and objectives,
timescale, and budget. Sub-committees meet as required to further individual areas of work. Sub
committees report back their findings and recommendations to the full board.

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
During 202312024 the Directors met on the following dates..
Board Meetings
6th July 2023
14th August 2023
16th October 2023
4th December 2023
31st January 2024
19th March 2024
Finance and Fundlng Sub Committee
11th May 2023
14th August 2023
9th October 2023
27th November 2023
22nd January 2024
12th March 2024
PolicylHRIRisk Sub Committee Meeting
5th June 2023
2nd October 2023
1st December 2023
22nd January 2024
15th March 2024
The 2022123 AGM of Theatre and Dance Nl was held on 4th December 2023.
Risk Management
The Directors are committed to meeting the highest standards of governance and best practice
throughout the work of the Company. During the year risk, organisational, governance and HR policies
were discussed in 'Sub-Committees' and under 'Governance' at board meetings, ensuring existing
policies were still relevant and up to date and to establish whether the introduction of any new policies
was required.
Governance and Management
Theatre and Dance Nl is governed by a Board of Directors. Directors are responsible for the
Company's assets and liabilities, setting policies and strategic plans, and for overseeing and ensuring
the appropriate implementation and monitoring of the Company's policies, aims and objectives. The
day-to4ay running of the Company is delegated to the Executive Director.

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report) (¢ontlnuedJ
Year ended 31 March 2024
Structure, governance and management (¢ontlnued)
Objectives and activities
Objectives. Activities, Achievements and Performance
The mission, Vision and Values of the Company are as follows..
Mission
To Champion, support and be the voice of Northern Irish theatre and dance in Northern Ireland and
abroad.
Vision
Our vision is of a healthy, animated society, where people want to live, work and visit, thriving with
excellent theatre and dance opportunities for all to participate in and experience, delivered
professionally by artists and arts workers who are valued and supported to develop.
Summary of Activities
Theatre & Dance Nl strategic objectives focus on supporting development, connecting, and
advocating for the Northern Ireland theatre, dance and performing arts sector. TDNI achieves its aims
through the delivery of information services, events and ne￿orking, professional skills development,
training, and bursary programmes.
TDNI deliver major sector initiatives including INVEST (a professional development training, bursary &
mentoring programme for individual artists) and the Northern Ireland Spotlight on Theatre and Dance
at the Edinburgh Festival Fringe {platforming works from Northern Ireland at the world's biggest
marketplace for UK, Irish & international touring which supports artists to have more sustainable
incomes & careers). At our core is dedicated support for our members through our Membership
Assistance Programme, which provides essential confidential counselling and wellbeing support
services.

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
Governance
Build an excellent organisation which is effectively governed and delivers all aspects of its work to
the highest standard.
TDNI maintained a focus and a commitment to high standards of governance. Through direct
engagement, support and ongoing training with both NICVA and the Arts and Business Nl Blueprint
programme, TDNI received support on succession planning, managing risk, developing financial
resilience, and diversifying income. As part of this process, Denise Copeland, Governance & Chairty
Advice Manager, NICVA, supported TDNI to review Board membership post-merger, supported us
through a skills and motivation audit and a review and update of the Memorandum and Articles.
Following further training on succession planning (January) with the B&G Consultancy group, through
Blueprint, the Chair and Executive Director accessed further training in managing risk to support
growth, continued working on succession planning and leadership transition for the Board and
organisation.
Policies were reviewed by Viable Corporate SeNices, to ensure compliance with the relevant laws,
regulations, and voluntary codes.
A 3-year strategy for the organisation was completed for the period 2024-27 with our Board,
stakeholders, and members. Development sessions were facilitated by Strategy & Policy Consultant,
Olwen Dawe.
INFORMATION SERVICES
We continued to provide timely. relevant, sector specific information and resources to members and
the wider sector through our website, social media channels and through the disseminalion of a
monthly e-zine. Our website attracted 16,204 users with 37,756 page views. The number of e-zines
opens during across April 2022 March 2023 was 9544. Audience growth was up by 19/0 on
Instagram. 2.7 % on Facebook, 1 % on Twitter. Accessibility & Inclusion in the Arts through discounted
hire of our captioning equipment units and provision of training. TDNI members were supported to
deliver access to theatre and performances for dlDeaf and hard of hearing audiences to enjoy Ihe
theatre, as well as those with English as their second language. We worked with Open Arts to support
their Embrace the Inclusive Spirit 'Marketplace' and seminar. in February 2024 and with University of
Atypical and Arts and Disability Ireland (ADI), to explore how to best support and increase accessibility
and inclusion across the island of Ireland, including promoting better use and access to
captioninglother equipment. We managed and organised the provision of Captioning across the
sector:
3 ' Belfast International Arts Festival (BIAF) events, with 213 attendees
19 ' organisationslvenues across Northern Ireland
Training with Digital 4 for 15 ' non-technical & technical freelancers and employees

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) f¢ontinued)
Year ended 31 March 2024
CONNECT
Goal 1.1 Lead and support a well-connected, collaborative theatre, dance and performing arts
sector.
Goal 1.2 Support the development of collaborations and partnerships through nthorking
opportunities.
Goal 1.3 Nurture and lead strong partnerships within the theatre and dance sector, with other
national and international dance development agencies and across different agencies of all levels
of government.
Goal 1.4 Champion diverse means of engagement for all, whether as creators, participants, or
audience members.
Activities to support these goals included..
Holding 23 events with 669 participants.
Supporting over 118 one-to-one support meetings with practitioners and companies.
Supporting member engagement with the Department for Communities and Arts Council of
Northen Ireland strategy development with freelancers, venues, and production companies,
facilitated by Kathy Hanna, Lowry Grace Consultancy and Olwen Dawe.
Engaging directly with member venue Grand Opera House and VAULT to support developments
regarding use of space. hire & 5UPPOrt for emerging artists & local production companies.
Engaging with our ROI partners, events and work including the feasibility study with key
stakeholders and dance members regarding the Arts Council of Irelands proposed All Island
Dance Company.
Engaging in monthly network meetings with our colleagues in the UK Theatre and National Dance
Network & Steering groups.
Working with Derry City & Strabane District Council in the re-established Creative Arts Network,
aimed at supporting connecting creatives from the arts and film session in DerrylNorthwest.
Delivering industry presentations for our members Bruiser Theatre and Brian Friel Summer
Schools.
Supporting our artists, companies, and venues through attendance at theatre and dance opening
nights, conferences, and training.
Cross Border
Recognising the interdependent nature of the theatre and dance ecology on the island as well as the
increasing challenges in working across the border for us and our members, TDNI maintained our
partnerships and collaborations with key organisations in the Republic of Ireland. With Theatre Forum
(TF), our partner organisation since 2010,. we hosted and jointly curated a one-day, all-lreland event
for resource organisations in Dundalk in June 2023. Facilitated by Ali Fitzgibbon, QUB, attendees
focused on addressing practical and pragmatic actions and concerns in relation to artist mobility and
exchange, which have been disrupted and destabilised due to Brexit (Regulatory changes for people,
goods. and services since the UK'S exit from the EU}. We also discussed the increasing divergence in
policies- widening arts funding disparities North.. South, and be￿een Nl and the rest of the UK.
Theatre Forum and Dance Ireland supported and hosted the delivery of our INVEST residential in
Dublin, and we collaborated on the delivery of training with Irish Theatre Institute {ITI) and Arts and
Disability Ireland. Members of the Board and the Executive Director attended The Gathering
conference in May. Both Executive Directors of TDNI and Theatre Forum contributed to the
Accommodating National Identities dialogue event at The Abbey Theatre in October 2023 with over
300 other political, civic society and cultural representatives from across Ireland. Participant dialogue
and major themes raised will help inform further development of the Government's Shared Island
initiative. Convened as part of the Irish Governments Shared Dialogue series, Tanaiste Micheal Martin
TD delivered the keynote address. One of the key outcomes of this cross-border work and maintaining
relationships included a commitment from Dublin Fringe Festival to work more closely with TDNI to
develop further opportunities for Nl artists at the theatre festival.

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (¢ontlnued)
Year ended 31 March 2024
All Island Dance Company
Following the FEI feasibility study for An Chomhairle EalaionlArts Council Ireland and our member
and organisational engagement in this process, the new all-island National Dance Company, Luail
was announced in March 2024. We were delighted to have supported the exciting bid by our member,
Maiden Voyage Dance in Belfast, Liz Roche Company and the Irish World Academy of Music and
Dance at the University of Limerick. We look forward to a meaningful engagement with them as they
build island-wide and international opportunities for supporting dance artisls and companies creating,
performing. developing. and touring dance, and fostering engagement with audiences at home and
abroad. Creating Safer Spaces TDNI has maintained a consistent focus on promoting Creating Safer
Spaces in the theatre and dance community, through the delivery of a range of professional
development opportunities, workshops, and panel discussions since 2017. Continuation of this area of
work was identified as continued key priority during the development of our new strategy. We
maintained our close collaboration with the Irish Theatre Institute's {ITI) Safe to Create project, who
delivered their Active Bystander training in Belfast, 18th May 2023 and engaged in ongoing
discussions with them to plan in the longer term for a partnership to address the issues in our sector
on a shared island basis. To this end, the Executive Director began working with a consultanvtrainer
from ITI on the development of an empowerment, training, and education programme for those
studying, accessing, and working in theatre and dance in Northern Ireland. The proposal will include a
range of capacity building interventions with a key objective to support and empower young people (18
-25 YIO) to fully participate in advancing this agenda. Creative Industries Independent Standards
Authority (CIISA) TDNI began engaging with Jen Smith, Interim CEO, and other industry stakeholders
on the proposed new organisation
CIISA (Creative Industries Independent Standards Authority)
which aims to uphold and improve standards of behaviour across the creative industries. During the
year, the organisation moved into a phase of co-creation with industry professionals from across Film,
TV, Theatre and Music. TDNI Executive Director worked collectively with the group to help inform and
shape the final design of CIISA'S governance model. TDNI remain a principal supporter of CIISA, and
the new organisation aims to go live with services from late 2024 which will include.. advice and
assessment, early dispLbte resolution, mediation, support navigating the criminal justice system,
influence and best practice, data, and insight.
Health & Wellbeing
TDNI'S Member Assistance Programme (MAP) enables our individual and smaller organisational
members and their families to access professional counselling across the island. The service provided
includes free access to a 24-hour telephone support line, an online chat feature and up to six
one-hour, face-to-face confidential counselling sessions if required. During the year, we carried out a
review of the seNice and conducted a survey with members. Feedback led to an upgrade to the MAP
website page, to ensure member5 can access this essential service quickly and easily.
A total of 20 members accessed the service (delivered by Spectrum Life) during 2023124.
Green Arts Nl
TDNI have included a commitment to Green Arts since 2019 with Theatre Forum (ROI), and with
Theatre Trusl {UK) since 2020 to support developments in the sector including the Theatre Green
Book. TDNI remains a principal supporter of the Theatre Green Book and will continue to work to
connect our members to this free resource and guidance for sustainable theatre. We are grateful to
our colleagues and partners from the UK Theatre Network, including Theatres Trust, ABBT and Paddy
Dillon for the opportunty they provided to ensure that Nl's voice is included as this resource continues
to develop. We are now a member of Green Arts Nl forum which was established by our Vice Chair
and Belfast City Council during 2023124. Green Arts Nl is a sustainability ne￿Ork made up of over 100
individuals and almost 50 cultural and creative organisations across Northern Ireland who are working
collectively to reduce our environmental impact including using creativity to inspire action against
climate change. Through regular meetings and the establishment of a resource portal, the group is
working to problem solve and share knowledgelresources with one another.

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (¢ontlnued)
Year ended 31 March 2024
SUPPORTING DEVELOPMENT
Develop professional standards and foster excellence by identifying and addressing the needs of
the theatre, dance and performing arts sector.
Nurture, encourage, support, and inspire those within the sector to strive for excellence.
TDNI delivered a series of training and professional development opportunities for artists which
included delivery of a Masterclass series, bursary programme, an inlernational Dance Intensive and
our major development programmes INVEST & Spotlight on Theatre & Dance at the Edinburgh
Fringe.
104 freelance artists attended TDNI training and workshop events in 2023124.
TDNI employed 47 artists during this time.
Masterclass series
Dialogue session in partnership with Belfast International Arts Festival (BIAF) Nicholas Mccarthy
on Leadership & The Key to Success, 19th October.
IP & Copyright Training. with Independent Theatre Council (ITC), 10th November.
People & Conflict Management, with Independent Theatre Council {ITC), 1 Oth November.
Identifying your Goals, and How to Achieve Them. facilitated by Liam Mcmullen. Contracts
Manager at the National Theatre, London and former INVEST participant, and INVEST mentor,
Steven Atkinson, 24th March.
Producing Hub Models - supporting collaborative and independent production. facilitated by Liam
Mcmullen, Contracts Manager at the National Theatre, London and former INVEST participant,
TDNI Executive Director, Niamh Flanagan and Steven Atkinson, 24th March.
The Art of the Pitch, facilitated by Brona Vvhitaker, Head of Arts, Arts and Business Nl. 25th
March.
The Role of Audiences, facilitated by Fiona Bell, CEO. Thrive, 25th March.
Bursaries Awarded
TDNI award small bursaries to enable our members to engage in training, research and to 'go see,
other national and international work. These exchanges support our artists, development through the
sharing of expertise and knowledge as well as building connections and collaborations for future work.
Archa Divadlo, Prague ' 1 awarded for Documentary Theatre Summer Intensive, Prague.
Michael Keegan Dolan Dance Intensive. 10
TDNI INVEST programme" 7 Cohort 1
TDNI INVEST programme" 8 Cohort 2
TDNI supported bursaries in 202312024 totalling £32,952 investment in freelance and individual artists.
Dance Intensive
Thanks to investment from the Idlewild Trust Foundation and a partnership with the MAC, we
delivered a five-day dance inlensive with the internationally renowned Irish Ghoreographer, Michael
Keegan Dolan (MKDI. Through a series of intensive workshops and collaborative sessions, selected
dance artists from across Ireland. UK, Europe, North America, and Asia had the chance to learn from
MKD'S vast repertoire, engage in a rigorous and immersive training programme, while exploring new
creative possibilities and connections. The intensive alongside a series of events,. provided a platform
for emerging and established artists to connect, collaborate. develop, and hone their skills and
contribute to the ongoing development of the vibrant dance sector across the island of Ireland, while
strengthening its posilion on the international stage. Public engagement during the intensive included
a bi-lingual Englishllrish 'ln Conversation. event on 9th February, with MKD. Facilitated by Irish News
journalist, Robert Mcmillan, in partnership with the Irish Language Arts Centre, An Droichead, the
event included a screening of Pat Collins, film, The Dance.
10

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
INVEST
Cohort 1
Between April- June, the first cohort of INVEST worked with TDNI team members and Consultant
Steven Atkinson, and their industry mentors on their developmenl plans and participated in a ￿0-daY
residential hosted in Dance Base (Dance Ireland), and with Theatre Forum in Dublin, (7th- 8th June).
Artists explored..
What would an Artists Led Creative Hub in Nl look like?
How to Internationalise Your Practice
Alternative Producing Models
Funding models and commercial investment
Key industry presenters included..
Lucy Medlycott {Direclor, Irish Street Arts, Circus and Spectacle Network)
Lynette Moran (FounderlFestival Director, Live Collision)
Anna Walsh (Director. Theatre Forum)
Shelia Creevy {Chief Executive, Dance Ireland)
Ruth McGowan (Literacy and New Work Director, The Abbey Theatre)
Padraig Cusack {Theatre Producer)
Judith Dimant (FounderlProducer, Wayward)
Ciaran Walsh (Associate Director, Culture Ireland)
Charlie Bunker {Co-director, IMPOSSIBLE)
David Byrne (Artistic Director, Royal Court)
The final event at the Lyric Theatre {26th June) saw artists present their final plans, learning, and
achievements on INVEST and engage in a final professional development session with the Executive
Producer and Head of Development and Marketing at the Lyric Theatre and Arts & Business Nl.
Cohort 2
Recruitment commenced in September 2023. 8 participants were selected following a competitive
recruitment process, were awarded a £3,000 bursary, and engaged in their mentoring sessions with
the Project Consultant, TDNI staff and industry mentors who included:
Alastair Coomer (Head of Casting, National Theatre)
Barry Coyle (Casting Director, Abby Theatre)
Peter Quanz (Resident Choreographer, Harbin Ballet ChinalArtistic Director, Q DANCE Festival
Canada)
Adura Onashile (ActorWriterlDirector)
Mikel Murfi {ActorlDirectorlProducer, Loco and Restless)
Bec Martin {Artistic Director, New Diorama TheatrelFormer Programmer, VAULTS Festival)
Tom Jackson Greeves (MovemenUAssociate Director, Theatre Royal Plymouth)
Sharon Clark (Dramaturg. Akram Khan Company)
Teunkie Van Der Sluijs (Head ofArtistic Development, Young Vic)
Participants engaged in a two-day residential in Belfast in March 2024, exploring their personal
development through peer mentoring, collaboration. and dialogue sessions with industry experts.
Sandy Cuthbert delivered a Somatic Practice & Movement session exploring the benefits of
grounding, centring, and inclusive attention. Outdoor group sessions provided participants with the
space and opportunity to rejuvenate and consider their professional development informally.
Development sessions included..
Producing Hub Models - Supporting Collaborative & Independent Production wtth Liam Mcmullen
(Contracts Manager. National Theatrelformer INVEST participant) and Steven Atkinson.
Policy developrnent & the Arts Council of Northern Ireland (ACNI) Strategy Consultation with
Olwen Dawe, (Equality, Policy, & Strategy Expert) - a response was submitted to ACNI.
The Art of the Pitch with Brona Whitaker.
The Role of Audiences with Fiona Bell (CEO, Thrive).
Identifying your Goals and How to Achieve Them with Liam Mcmullan.
11

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (Continue
Year ended 31 March 2024
Continued attention and a key element of the TDNI approach is to include and embed additional
mental health and wellbeing support throughout our major development programmes. There is a bank
research evidence showing that those working across the entertainment and performing arts
industries are more likely lo experience poor mental health due to a range of contributing factors
including the harmful impacts of precarious worf<, low pay, and poor working conditions. Cohort 1 & 2
participants both took part in the menlal health & wellbeing intensive in February 2024. This was
curated in partnership with Patrick O'Reilly (Artistic Director, Tinderbox) who provided specialist artist
training using creative therapy techniques to create a stronger and healthier foundation for balance,
restoration, and personal resilience. Spotlight on Theatre & Dance from Northern Ireland at Edinburgh
Fringe Theatre & Dance Nl continued to lead on the delivery of the Spotlight on Theatre & Dance from
Northern I reland at the Edinburgh Festival Fringe in August 2023 to increase the profile of theatre and
dance from Northern Ireland at the largest global industry marketplace. The Spotlight programme not
only champions Northern Irish artists at the Edinburgh Festival Fringe but provides ongoing support
and mentoring, a financial contribution, platforming, and networking opportunities (both individually
and as a group) for artists and companies perfomiing at the Fringe to engage with industry delegates
and pursue onward touring and collaborations in national and international markets.
The work of TDNI on this initiative is supported by a working group made up of representatives from
Arts Council of Northern Ireland, British Council Nl, and Belfast International Arts Festival. Work from
Northern Ireland profiled as part of the Spotlight programme at the Fringe in 23124 included=
The Half Moon, by Alice Malseed
Scaredy Fat, by Colm Mccready
Lie Low, by Clara Elizabeth Smyth
Whisk(e}y Wars, by Joyce Greenaway
The Four Worst Things I've Ever Done, by Ewan McGowan-Gregg
How to Bury a Dead Mule, by Richard Clements
Expecting, by Charis McRoberts
The Spotlight Fellowship strand was added to the programme following internal evaluation as well as
feedback from the sector. It was designed specifically to support artists with a demonstrable interest in
taking work to the Edinburgh Festivals in the future. Given the financial and other risks associated with
attending and performing at the Fringe,. by providing artists with the opportunity to explore and assess
if Edinburgh is the 'right fit,, the Fellowship programme enables them to make informed decisions
about whether such an investment aligns with their artistic goals and professional growth.
Fellowship participants also received mentoring, financial support. invitations to high-level ne￿OrkIng
events, the ability to 'go see, work, personalised one-on-one meetings with industry leaders at the
festivals, and peer ne￿OrkIng I group exchanges and learning sessions. Artists supported under the
programme..
Liam Mcmullan - Freelance Theatre Producer
Chris Grant - Actor and Theatre Maker
Orla Graham - Writer. Float, & 'Occupied' & Actor
Tony Devlin - Brassneck Theatre Company; Actor, Writer, and Director
Matthew Sharpe - Actor and Writer
Flora Herberich - Circus Artist. Independent Producer, and Head of Programmes. Circusful
Alice Mccullough - Poet
12

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
ADVOCATE
3.1 Be the voice for the membership and wider sector to promote theirvalue and impact.
3.2 Increase awareness of the benefits of theatre, dance and performing arts to policymakers and
funders.
As the representative voice for theatre and dance in Northern Ireland, TDNI plays a key role in
advocating for their members, and the wider arts ecosystem. Activities to support this goal included..
Department for Communities (DFC) Taskforce
Along with other stakeholders from across the Culture Arts and Heritage (CAH) sector, TDNI'S
Executive Director continued to engage in the reconvened taskforce to support the creation of a new
co-designed CAH strategy for Northern Ireland. In the previous year, TDNI had supported major
member engagement, convened member focus groups, and delivered written submissions which
directly informed the final document Investing in Creative Delivery - a report from the Culture, Arts and
Heritage Strategy Taskforce. The report was submitted to the Permanent Secretary. DFC, Colum
Boyle in July 2023 for the completion of a strategy and action plan which could be brought forward for
wider public consultation. With a total of 36 recommendations and conclusions. the Taskforce calls for
th& Nl Executive to invest in and collectively champion the CAH sectors, remove Ihe barriers which
inhibits their outcomes and recommends a 'whole of government, and partnership approach led by the
Department for Communities which would realise the ambitions, potential, impact and reach of our
undervalued sectors.
Arts Council of Northern Ireland Engaging:
The establishment of the Freelancer Theatre & Dance Deliberative Forum
On and delivery of focus groups and written submission to support and inform the development of
the Arts Council of Northern Ireland's 10-year strategy.
ACNI, Strategy. Policy, and Communications team to support where we could work collaboratively
with Arts Collaboration Network (ACN), October 2023.
On the delivery of a twcFisland Green Arts symposium with Creative Carbon Scotland.
Reception for Department for Communities Minister on the 28th of March as part of a gala evening
to celebrate the achievements of the Good Friday Agreement (GFA). TDNI'S Executive Director
worked with the Lyric Theatre, ACNI. and the Ministers Private Office to deliver a reception to
welcome the recently appointed Minister Gordon Lyons prior to a performance of The Agreement.
Due to unforeseen circumstances, the Minister was unable to attend, and a group made of arts
and business groups. the Chair of of the APGA, Sian Mullholland, the ACNI CEO, Roisin
McDonough. and representatives from the DFC met with Junior Ministers Pam Cameron and
Aisling O'Reilly.
All-Party Group on Arts
Ree5tablished and reconstituted in July 2022 by invitation of Mike Nesbitt, MLA. TDNI continued as
the Secretariat for the All-Party Group on the Arts. The Chair, (Mike Nesbitt) and members of the
sector had met with Colum Boyle, Permanent Secretary, DFC and Jayne Brady, head of the Northern
Ireland Civil Service in the early months of 2023.This was to Continue to keep the Arts on the agenda,
maintain and build relationships at the highest levels of government and to advocate for a
cross-cutting framework and delivery infrastructure on how arts, culture and creativity could support
delivery of Our Giant Ambition, People. Planet. Prosperily. Sian Mullholland, MLA, was elected chair
of the group at the AGM in June 2023 and the first APG took place on 30th November with
presentations from=
John Ball, Head of Arts and Creativity Branch, who attended on behalf of the Permanent
Secretary, and Karly Greene, Director of Strategic Development and Partnerships, Arts Council of
Northern Ireland. A further APG took place at Stormont in March 2024 with presentations from:
Alice Lemon, National Official for Nl, Equity and Stephen Beggs, Director, Writer, Facilitator and
Producer, Theatre and Performing Arts.
13

Theatre and Dance Nl
Company Limited by Guarantee
Directors, Annual Report (Incorporating the Director's Report) {¢ontinued)
Year ended 31 March 2024
Sam Dunkley, Acting Regional Organiser, Musicians Union & Katie Richardson, Composer &
Freelance artist).
Emma Drury, Director, Seacourt Print Workshop.
Karly Greene, Director of Strategic Development and Partnerships.
Actions from these APG meetings included the Chair writing to the new Minister for Communities,
Gordon Lyons, regarding the implementation of the recommendations included in the CAH Taskforce
Report- Investing in Creative Delivery.
Sian Mulholland, Chair lead the discussion on the main action points and recommendations coming
from the CAH Taskforce Report. The Chair wrote to the new Minister for Communities, regarding
implementation of the recommendations and she and other member MLAS asked oral questions in the
newly mandated Assembly. Further advocacy work included engagement with a wide range of
stakeholders including..
Equity's 'Resist the Cuts, campaign
Celebration of Nl Culture, event hosted by Prime Minister, Rishi Sunak, at 10 Downing Street,
London, November 2023.
Celebration of the Good Friday Agreement, Abbey Theatre, Dublin with An Taoiseach, Secretary
of State for Northern Ireland, MLAS, and TDS from across the island.
Speaker Alex Maskey, (MLA) event at Stormont with US Economic Envoy, Joseph Kennedy
Executive Office (TEO) on the planned strategic framework for Ending Violence Against Women
and Girls (EVAWG).
Creative Policy and Evidence Centre roundtable discussions. with DFC exploring next steps for
advancing good work in the Creative Industries and informing the development of the PEC'S future
research programme.
Launch of joint research, Dance Counts and Dance Conversations report with Dance Ireland,
August 2023
Launch and first meeting of Green Arts Forum, October 2023.
ED presentation to the Constitution, Europe, External Affairs and Culture Committee. of the
Scottish Government on the impact of Brexit on the theatre and dance sector with ACNI, Tourism
NI, A&BNI. Centre for Cross Border Studies. and British Council Nl, November 2023.
ED contribution to Belfast Telegraph article by journalist, Andrew Madden entitled.. The arts give
colour to the world but cuts pushing Nl sector to crisis point, November 2023.
Attendance at ACNI Strategy update online, November 2023.
Dissemination of information and support for the BBC initiative and campaign, Bring on the Drama
TDNI provided letter of support to Maiden Voyage {MV). Liz Roche {LR), and University of
Limerick dance bid for the new all-island dance company.
14

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) (contsftued)
Year ended 31 March 2024
Strategic report
The following sections for achievements and performance and financial review form the strategic
report of the charity.
Flnancial review
Financial Performance
The Financial performance was in line with the Board of Director's expectations. The charitable
company remains in a sound financial position at the year end. The results for the year are set out in
details on pages 20-34. Income for the year totalled £250.365, with expenditure of £265,488 leading
an overall net expenditure position for the year of £15.123. This is made up of net incoming resources
of £16,759 within unrestricted funds and net expenditure of £31,332 within restricted funds. (2023
net incoming resources of £46,639).
At 31 March 2024, the total funds of the charity amounted to £107,473 (2023= £122.596) comprising
restricted funds of £32,011 {2023'. £63,893), unrestricted fund of £75,462 (2023- £23.703} and
designated funds of £nil {2023= £35.000). This represents free reserves of £70.058 which is greater
than 3 months of unrestricted expenditure of £13,538 in line with the organisations reserves policy
{2023: £23.207- 3 months}.
Principle sources of funding and how this has supported the key activities of the charitable company
are disclosed to the notes in the Financial Statements.
Reserves Policy
Reserves are needed to bridge the liming gap between spending and receiving of income and to cover
unplanned temporary shortfalls in income should they arise. Holding adequate reseNes safeguards
the provision of our seNices in the event of unexpected significant financial pressures and bad times.
The trustees consider that the ideal level of reserves would be three months expenditure plus total
liabilities at year end.
ReseNes play an important part in building resilience to cope with unexpected events, including
sudden loss of funding or the unforeseen closure of the TDNI. Therefore. the reserve level should also
include designated funds to cover redundancy costs, legal fees, running costs during the closure
period etc.
Reserves should not be relied upon for the long-term sustainability of TDNI.
Reserves can also be used Theatre and Dance Nl to meet another programme's deficit.
It is the long-term aim of the Board lo maintain a minimum level to be commensurate with three to six
months. running costs for the organisation. The reserve policy is reviewed on an annual basis. TDNI
may transfer up to 30 % from unrestricted reserves to a designated fund in order to comply with its
reserves policy. This will be reviewed on an annual basis.
Directors
The directors in the year are the same directors as listed on page 2.
Taxation status
The charitable company is recognised as a charity by HM Revenue & Customs. Accordingly, the
charitable company has availed of the exemptions contained in Chapter 3, part 11 Corporation Taxes
Act 2010 and Section 256 taxation of Chargeable Gains Act 1992.
15

Theatre and Dance Nl
Company Limited by Guarantee
Directors. Annual Report (Incorporating the Director's Report) fcontlnuedj
Year ended 31 March 2024
The directors, annual report and the strategic report were approved on 2 December 2024 and signed
on behalf of the board of trustees by..
L Rossington
Chair
16

Theatre and Dance Nl
Company Limited by Guarantee
Independent Examiner's Report to the Directors of Theatre and Dance Nl
Year ended 31 March 2024
I report on the financial statements for the year ended 31 March 2024, which comprise the statement
of financial activities (including income and expenditure account), statement of financial position and
the related notes.
Respective responsibilities of directors and examiner
The charity's directors (who are also the directors of the company for the purposes of company lawl
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company
law, and is eligible for independent examination, it is my responsibility to:
examine the accounts under section 65 of the Charities Act;
to follow the procedures laid down in the general Directions given by the Charty Commission for
Northern Ireland under section 65(9)(b) of the Charities Act- and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my
examination was carried out in accordance with the general Directions given by the Charity
Commission for Northern Ireland under section 65(9){b) of the Charities Act. The examination included
a review of the accounting records kept by the charity and a comparison of the accounts presented
with those records. It also included consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the directors Concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to
believe:
That accounting records were not kept in accordance with section 386 of the Companies Act
2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of section 396 of the
Companies Act 2006 and with the methods and principles ofthe 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.
That there is further information needed for a proper understanding of the accounts to be
reached.
17

Theatre and Dance Nl
Company Limited by Guarantee
Independent Examiner's Report to the Directors of Theatre and Dance Nl
(continued)
Year ended 31 March 2024
Independent examinerfs statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) lisled
above and, in connection with following the Directions of the Charity Commission for Northern Ireland,
I have found no matters that require drawing to your attention.
Finegan Gibson Ltd
Independent Examiner
Causeway Tower
9 James Street South
Belfast
BT2 8DN
18

Theatre and Dance Nl
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations and legacies
Other trading activities
Investment income
Other income
8,160
6,065
62
8,176
20,463
229,902
236,062
6,065
62
8,176
250,225
5,947
19
11,647
Total income
229,902
250,365
267,838
Expenditure
Expenditure on charitable activities
Total expenditure
9,10
(54.151) {211,337) {265,488) {221,199)
(54,151) {211,337)
(265,488)
(221,199)
Net (expenditUTe)lincome
(33,6881
18,565
(15.123)
46,639
Transfers between funds
50,447
{50,447)
Net movement in funds
16,759
(31,882)
(15,123)
46,639
Reconciliation of funds
Total funds brought forward
Total funds carried forward
58,703
75,462
63,893
32,011
122,596
75,957
107,473
122,596
The statement of financial activities includes all gains and losses re¢ognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 21 to 32 form part of these financlal ststements.
19

Theatre and Dance Nl
Company Limited by Guarantee
ststement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
17
5,404
11,254
Current assets
Debtors
Cash at bank and in hand
18
23,449
114,107
19.682
111,681
131,363
137,556
Creditors: amounts falling due within one year
Net current assets
19
(35,487)
102,069
107,473
{20,021)
111,342
Total assets less current liabilities
122,596
Net assets
107.473
122,596
Funds of the charity
Restricted funds
Unrestricted funds
32,011
75,462
63,893
58,703
122,596
Total charity funds
22
107,473
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 2
December 2024, and are signed on behalf of the board by..
L Rossington
Chair
The notes on pages 21 to 32 fomi part of these financial statements.
20

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered office
is The Crescent Arts Centre, 24 University Road, Belfast, Co Antrim, BT7 1NH, Northern Ireland.
Statement of compliance
These financial statements have been prepared in Complian￿ with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the 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)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations
of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds eamarked by the directors for particular future project
or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes= restricted income funds or
endowment funds.
21

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charily., it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and seNices are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of
financial activities to which it relates=
expenditure on raising funds includes the costs of all fundraising activities. events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of rts beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of Ihe resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they conlribute to on a reasonable, justifiable and consistent basis.
22

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any
accumulated amortisation and impairment losses. Any intangible assets carried at revalued
amounts, are recorded at the fair value at the date of revaluation, as delermined by reference to
an active market. less any subsequent accumulated amortisation and subsequent accumulated
impairment losses.
Intangible assets aCqUi￿d as part of a business combination are only recognised separately from
goodwill when they arise from contractual or other legal rights, are separable, the expected future
economic benefits are probable and the cost or value can be measured reliably.
Amortisatlon
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful life of that asset as follows-
Software
20 /0 Straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or
residual value of an intangible asset, the amortisation is revised prospectively to reflect the new
estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and10sses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain. in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value. over the useful economic life of that asset as follows..
IT Equipment
200h straight line
23

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Impaimient of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the Cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a paty to the
contractual provisions of Ihe instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and Current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otheTwise be measured
reliably. the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate. in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value. with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
24

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Ststements {¢ontlnuett)
Year ended 31 March 2024
Accounting policies (continue
Flnancial instruments {¢ontinuedJ
For all equity instruments regardless of significance, and other financial assets that a
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
Theatre and Dan￿ Nl is a company limited by guarantee governed by its Memorandum and
Articles of Association dated. Theatre and Dance Nl is a registered charity with the Charity
Commission for Northern Ireland.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
Donations in Kind
6,160
6,160
25

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2024
Donations and legacies (continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Grants
Arts Council Nl - AFP Funding
Arts Council Nl - Capital Award
Arts Council Nl - Other grants
Arts and Business
Foyle Foundation
Future Screens
Halifax Foundation
British Council
Belfast City Council INVEST
Belfast City Council IETM
Belfast City Council Small grants
Idlewild Trust Foundation
143,063
1,176
4,391
143,063
1,176
4,391
21,272
21,272
25,000
30,000
25,000
30,000
5,000
229,902
5,000
236,062
6,160
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
Donations in Kind
500
500
Grants
Arts Council Nl - AFP Funding
Arts Council Nl - Capital Award
Arts Council Nl - Other grants
Arts and Business
Foyle Foundation
Future Screens
Halifax Foundation
British Council
Belfast City Council INVEST
Belfast City Council IETM
Belfast City Council Small grants
Idlewild Trust Foundation
84.781
51,607
2,897
1,830
22,800
20,000
21,919
500
6,459
30,000
2,000
4,932
136,388
2,897
1,830
22.800
20.000
21,919
500
6.459
30,000
2.000
4,932
84,781
165.444
250,225
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Membership Fees
6,065
6,065
5,947
5,947
26

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Ststements (¢ontlnuedJ
Year ended 31 March 2024
Investment income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest Received
62
62
19
19
Other Income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Earned income
8,176
8,176
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Earned income
3,450
8,197
11,647
Expenditure on charitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable Activity
Support costs
40,854
13,297
194,079
17,258
234,933
30,555
265,488
54,151
211,337
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable Activity
Support costs
43,902
47,386
129,911
173,813
47,386
221.199
91,288
129,911
10. Expenditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2024
Total fund
2023
Charitable Activity
Governance costs
234.933
27,011
3,544
261,944
218,520
2,679
221,199
234,933
30.555
265,488
27

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2024
11. Analysis of support costs
Analysis of
support costs Total 2024 Total 2023
Staff costs
Premises
Communications and IT
General office
Finance costs
Governance costs
Travel
10,763
340
2,168
1,537
12,203
3,544
10,763
340
2,168
1,537
12,203
3,544
6,542
16,457
5,672
2,679
16,036
30,555
30,555
47,386
12. Net (expenditure}lincome
Net (expenditurellincome is stated after chargingl(crediting):
2024
2023
Depreciation of tangible fixed assets
6,649
6,542
13. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
1,750
1,525
14. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social security costs
Employer Contributions to pension plans
124,359
7,184
2,984
103,597
5,425
2.436
134,527
111,458
The average head count of employees during the year was 4 {2023'. 4).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
Key Management Personnel
Key management personnel include all persons that have authority and responsibility for
planning, directing and controlling the activities of the charity. The total compensation paid to key
management personnel for services provided to the charity was £88,638 (2023.'£72,575).
28

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements {¢ontinued)
Year ended 31 March 2024
15. Trustee remuneration and expenses
The Trustees received nor waived any remuneration or any other benefits during the year,
expenses of £741 (2023..Nil) were reimbursed to Trustees.
16. Intangible assets
Intsngible
asset
Cost
At 1 April 2023 and 31 March 2024
Amortisation
At 1 April 2023 and 31 March 2024
Carrying amount
At 31 March 2024
6.376
6,376
At 31 March 2023
17. Tangible fixed assets
Equipment
Cost
At 1 April 2023
Additions
33,140
799
At 31 March 2024
33,939
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
21,886
6,649
28,535
Carrying amount
At 31 March 2024
5,404
At 31 March 2023
11,254
18. Debtors
2024
2023
Trade debtors
23,449
19,682
29

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
19. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
20,805
11,750
2,932
35,487
16,115
1,531
2,375
20,021
20. Deferred income
2024
2023
Amount deferred in year
10,000
21. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £2,984 (2023.. £2,436).
22. Analysis of charitable funds
Unrestricted funds
At
1 April 2023
At
Transfers 31 March 2024
Income Expenditure
General funds
Designated Fund
23,703
35.000
20,463
(54,151)
85,447
(35,000)
50,447
75,462
58,703
20,463
(54,151}
75,462
At
1 April 2022
At
Transfers 31 March 2023
Income Expenditure
General funds
Designated Fund
34,906
94,197
(91,288) (14,112)
35,000
20.888
23,703
35,000
58,703
34,906
94.197
(91,288}
30

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2024
22. Analysis of charitable funds {¢onllnued)
Restricted funds
At
1 April 2023 Income Expenditure
At
Transfers 31 March 2024
Arts Council Nl
Arts Council Nl Equipment
Arts Council Nl - Other
Belfast City Council -
Equipment
Belfast City Council- INVEST
Belfast City Council- IETM
Belfast City Council - Other
Arts and Business
British Council
Foyle Foundation
Future Screens
Halifax Foundation
Leche Trust
Earned Income
Other
Idlewild Trust
143,062
6,300 5,567
(113.875) (29.187)
(4.7681
(7,099)
6,036
(6,036)
30,000
(30,0001
21,745
(5,220}
(17,146)
(14,518}
(20,810)
1271)
(7,854)
16,254
25,000
14,518
15,294 21,273
15,757
5.000
(5,000)
(211,337) (50,447)
63,893 229,902
32,011
At
At
1 April 2022 Income Expenditure Transfers 31 March 2023
Arts Council Nl
Arts Council Nl - Equipment
Arts Council Nl - Other
Belfast Cty Council -
Equipment
Belfast City Council - INVEST
Belfast Cty Council - IETM
Belfast Cty Council - Other
Arts and Business
British Council
Foyle Foundation
Future Screens
Halifax Foundation
Leche Trust
Earned Income
other
Idlewild Trust
16.516 51.607
5,778
2.897
1,830
(51.607) (16,516)
(2,375)
(1,830)
6,300
10,040
(4.004)
(30,000)
{2,000)
{4,932)
{1,055)
{6,459)
(5,482)
(6,625)
(4,336)
(3,000)
(5,706)
(500)
6,036
30,000
2,000
4,932
22,800
6,459
20,000
21,919
500
21,745
14,518
15,294
2,844
3,000
2,873
992
8,197
500
(5,364)
41,051 173,641
1129,911) (20,888)
63,893
31

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Financial Ststements (continued)
Year ended 31 March 2024
22. Analysis of charitable funds (continued)
A Transfer has also taken place in the year to reclassify management fee income to Unrestricted
Funds as the funds are available for any use, no restrictions are in place for the usage of this
income. Further explanation is contained within the reserves policy on page 4.
23. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
5.404
95,545
(35,487)
65,482
5,404
137.556
{35.487)
107,473
42,011
42,011
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
496
64,026
(5,819)
58,703
10,758
67,337
{14,202)
63,893
11,254
131,363
(20.021)
122,596
24. Contingent liabilities
A contingent liability exists to repay grants received should certain conditions not be fuÈfilled by
the charity. In the opinion of the Trustees, the terms of the Letters of Offer have been, or will be,
complied with and no liability is expected.
25. Corporation taxation
The Company is a registered charity, and as such is entitled to tax exemptions on income and
profits in furtherance of the charity's primary objectives.
32

Theatre and Dance Nl
Company Limited by Guarantee
Management Information
Year ended 31 March 2024
The following pages do not form part of the financial statements.
33

Theatre and Dance Nl
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacies
Donations
Donations in Kind
Arts Council Nl - AFP Funding
Arts Council Nl Capital Award
Arts Council Nl Other grants
Arts and Business
Foyle Foundation
Future Screens
Halifax Foundation
British Council
Belfast City Council INVEST
Belfast City Council IETM
Belfast City Council Small grants
Idlewild Trust Foundation
500
6,160
143,063
1,176
4,391
136,388
2,897
1,830
22,800
20,000
21,919
500
6.459
30.000
2,000
4,932
21,272
25,000
30,000
5,000
236,062
250,225
Other trading activities
Membership Fees
6,065
5,947
Investment income
Bank interest Received
62
19
Other income
Earned income
8.176
11,647
Total income
250.365
267,838
34

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Expenditure on charitable activities
Charitable Activity
Activities undertaken directly
Wages and Salaries
Employers NIC
Pension costs
Rent
Bursaries
Marketing and Publicity
Insurance
Printing, Stationary and Postage
Research and Evaluation
Travel costs
Consultancy and Professional Fees
Telephone
General Running Costs
Depreciation
Stripe Fees
Equipment and Materials
Artist Costs
Training Costs
Computer and SOf￿are
Bank fees
Memberships
Recruitment Expenses
Venue Hire
Office Costs reallocation
(114,410) (103,597)
(6.609)
(5,425)
(2,745)
(2,436)
{3,908)
(4,248)
(32,952)
{36.837)
{2,817)
(3.424)
{1.594)
(1,249)
1950}
(1,141)
{2,4001
{14,124)
(2.9231
{806)
{838)
(956)
{792)
(2.056)
(6,649)
{901
{508)
(35,1461
{240)
(2,507)
(20,018)
(1,700)
(276)
(3,667)
(2,899)
(72}
(3,000)
17,263
(234,933) (173,813)
Support costs
Wages and Salaries
Employerfs NIC
Pension costs
Rent
Travel costs
{9,949)
(575)
(239)
(340)
(16,036)
Carried fotward
{11,103)
116,036)
35

Theatre and Dance Nl
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities (contlnued)
Year ended 31 March 2024
2024
2023
Brought forward
(11,103)
(16,036)
Legal and Professional Fees
Depreciation
Bank Interest
Computers and SOf￿are
Consultancy costs
General expenses
Office costs reallocation
(5,307)
(6,542)
(365)
(2.168)
(12,203)
{1,537)
(16,457)
(44,707)
(27,011)
Governance Costs
Accountancy fees
Legal and Professional
Office costs
{2,194)
(1,350)
(1,873)
(806)
(2,679)
(3,544)
Expenditure on charitable activities
(265,488) (221,199)
Net {expenditureyincome
(15,123)
46,639
36