REGISTERED CHARITY NUMBER: SC041483 Report of the TrSte¢S Unaudited Finaneial St*leJDents for the YeaT Ended 31 July 202S for JAZZ ART UK DANCE COMPANY Walson & Co. Chartered Certified Accountants Oakfield House 378 Brandon Street Motlienvell NORTH LANARKSHIRE MLI IXA
JAZZ ART UK DANCE COMPANY CoD¢ents of the FinaDcial Statements for the Year Ended 31 July 2025 Pagt Report of the Trusttes Independent Examiner's Report StateTheMI of FinaMcial Activities Balanee Sheet otes to the Financial Statejnents
JAZZ ART UK DANCE COMPANY Report of the TrSlee5 for the Year End¢d 31 Jul) 202S The trustees present their report with the ftnancial siaiementg of the charity for the year ended 31 July 2025. The trusiees have adopted (he provisions of Accounting and Reporting by Charities-. Statement of Recotnmended Praciice applicable to ch411]eS preparing their accounts in aceordance with the Financial Reporting Standard applicable in the UK al Republic of Ireland {FRS 1021 leffect2ve l January 2019). OWECTIVES AND ACTIVITIES Objectives and aims The objectives of the Association are ¢0 educate. promote. maintain, improve, advance and encourage the presentation and appreciaiion of jazz dance in all it5 form. ACHIEVEMENTS AND PERFORMANCE Charitgblt etiviti¢s Term l. In1k¢, engagtment and programme dtlivery Our August intake was healrhy and settled quickly. An ollgoing trend remains a con¢ern'. some secondary age siuden(s appear increasingly focused on social media presence rather (han personal d¢velopmeni. w'ith a growing reliance on phone-bag¢d contaci. Despite this, we sustained our senior numbers. albeit with a more casual approach to leaming and technical developmeni among some Cohorts. During Terni I, Ive Strenh¢ed community links through our Outreach Team. expanded our panto tour to ihree wttks. and worked in association with local schoo15 on leadership Inentoring. Ed¢tIO, Qualificatlon$ and StudeDt Support We advanced our SQA qualificaiion framewi)rk. including the reintroduciion ol. NPA Level 4 Dance. We also awarded several scholarships to support students affected by challen¥in& family circumstances. Produ¢lions, Events and Public Performances Delivering our annual festive produciions in house is consistently challenging due io seasonal commiunents and schedule pressures; how'ever, the programme w85 delivered successfully, including> Inanab7ing a small number of last minute cast changes. Fellities Business Continuity Into ihe new year and it was all go for GO Dan¢¢ which unfortunately was posiponed for ) monrhs due io THE %TORM which sadly ended in serious Iloodingj of studios due 10 roof dama&)e. The Parents got togeiher and thankfvlly made ja7.zart useable'til some remedial work was done, and we could fully use all areas of the building. Head dowi for exams and show FRONT & CENTRE @ Pavilitsn urriculum for all age5. Outreach tour and general development of In addition to inhouse work many of our scudenis participaied in professional productions in both screen and theatre, spreadingi the Ja72art name far and wide. We ended ihe fiscal year wilh a healthy Surplus which we look forward io spending on studios and students once roof is finally replaced. All in all. it been a successful year sustaining turnover wiihoui raising ftts. The explosion of Al is worrying and with the guidance of our trustees l arn iryin¥ to keep abreast of the revolution which is happening in froni of our eyes. I do believe perfomiing arts is one area of creativity which will survive our culrural Isunami-so here's io many years of Jazzart development and mentorinbw and keeping a siron¥ fi%al base from whtch to work and create magic. Page I
JA72 ART UK DANCE COMPANY Report of the Trustees ror the Year Ended 31 July 2025 FINANCIAL REVIEW Restrves poliey The Trustees of the charrty have sd the reserves policy al a level so that there are sulTicient funds to cover.. I, Twelve months of operntions in the event of any unplanned closure and its impact on beneficiaries and other financial commiimenis; 2. Fluctuations in annual projected income: and 3. Unforeseeable and unexpected financial commitmenis. such as emergency repairs and renewals. FUTURE PLANS Financially we are stable and many of our developments have been highly su¢ce5sful how¢wer we ¢ontinu¢ to improve. refocus and rework to ensilie tsur ongoing success. We go into our neH' year with an open mind to the changes comingj in a new age of Al and ready to nurture our perforniers of ihe ture . Sincere thanks to everyone 1)0 has b¢en so supportive over the last few years. Here's io Ja72art's resilience and prosperous and healthy fvture. STRUCTURE. GOVERNANCE AND MANAGEMENT Gowerning document The charity is conirolled by its goveming docuinent, a deed of trust and wnstitutes an unincorporated charity. ReeruitmeRt 4nd Apwintment of new ¢ruslees As sei out in Ihe CODSlltulion. new ¢rusiees must make their application in MTiting to the existing meTnber5 of Jazz An Uk Dance Company prior io ihe Annual General Meeiin¥ IAGMI. Ne Trusiees can ihen be considered for appointinent by the existinLJ members of Jazz Art Uk Dance Company ai the AGM. REFERENCE AND ADMINISTRATIVE DETAILS Rtgistered Charity Thumber SC041483 Prlneipal addréss 68 Union Street Larkhall MLgIDR Tru5tee5 Dr S Nicol J Raeburn J Mcmanus L Hunier (resigned l.10.24) Independent Exan]iner Garry C Millar F.C.C.A Waison & Co. Chanered Certified Accountants Oakfield House )78 Brandon Street Morherwell NORTII LANARKSHIRE MLI IXA Page 2
JAZZ ART UK DANCE COMPANY Rewbrt of the Trustees for the Year Ended 31 July 2025 Approved by order of the board of trustees on 6 July 2026 and gi¥ned on tts behalf by.. /£ Dr S Nicol - Trnstee Page 3
Indep¢ndelli ExaThiner's Report to the Trustees of Jazz Art UK Dance Company I report on the ac¢ounts for the year ended 31 July 2025 sei oui on pages five io eleven. Respective resp0115ibilities of trnstees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the iemis of the Charities and Trusiee Invesiment (Scoilandl Act 2005 and the Charities Accounts (Scotlandl Regulations ?(M)6 (as amended). The chariws trugtees consider ihai the audii requirement of Regulaiion 101 I Ila) to (c) of the Accounts Regulations doeg not apply. It 15 my responsibility to examine the accounis as required under Section 441 I Xcl of the Act and to state whether paflicular matters have Come to iny attenlion. Basis of the independtnt examiner's report My examinatioji was Cal¢d olll in accordance with RebFulaiion I l of the Chariiies Accounts (Scoilandl Regulations 2006. An examination includes a review of th¢ ac¢ountingJ records kept by the charity and a comparison ofihe accoun¢s presented with those records. li also includes consideration of any unusual itetns or disc105ures in the accounts, and seeking explanations from you a5 trustees concerning? any such mallers. The procedures undenaken do not provide all the evidence that would be required in an audit. and congequenily I do no( express an audii opinion on ihe view given by the accounis. Independent examiner's statetThent In conneciion wilh my examination, no matter has come to my attention { I I which gives me reasonable cause 10 believe thai, in any material respect. the requirejnents to keep accouniing records in ac¢ordan¢e with Section 44{1 l(a) of the 200$ Acr and Regulation 4 of ihe 2(M)6 Accounts Regulations: and to prepare accoilnts whkch accord with the accounting records and io comply with Regulation 8 of the 2(M)6 A¢¢ow)ts kegulations have not been mei: or (21 to which, in my opinion, aiiention should be drawn in order io enable a proper understandinLi of the accounts lo be reached. Garry C Millar F.C.C.A The Associaiion of Chartered Certified Accountants Watson & Co. Chartered Certified Accountants Oakfield House 378 Brandon Srreet Moiherwell NORTH LANARKSHIRE MLI IXA 6 July 2026 Page 4
JAZZ ART UK DANCE COMPANY Siatement Df Financial Activities for the Yegr Ended 31 July 2025 2025 Unre5tri¢t¢d fund 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donaiions and le¥a¢ies 2.007 5,518 Charitable 2ctivi¢ies General 144.982 139.151 (hher trading a¢tivities Investment income OtheT income 1,306 3,356 9,578 Total 157,978 149.447 EXPENDITURE ON Raising funds 1,578 CbaritabE¢ a¢livities General 108,984 108,237 Oiher 5.078 TolAI 114.062 111,743 r4ET INCOME 43.916 37.704 RECONCILIATION OF FUNDS Total fiinds brouijht forn%ard 353.117 i15,413 TOTAL FUNDS CARRIED FORWARD 397,033 353,117 The notes fonn part of these financial stat¢m¢nts Pa¥e 5
JAZZ ART UK DANCE COMPANY B818nee Sheel 31 July 2025 2025 Unrestricted nd 2024 Total nds Notes FIXED ASSETS Tanbwible assets 1,067 CURRENT ASSETS tkbtors Cash at bank 1,732 401.131 1.732 352.586 402,863 354.318 CREDITORS Amounis falling due within one year 16,897) 11.201) NET CURRENT ASSETS 39.fj.966 353.117 TOTAL ASSETS LESS CURRENT LIABILITIES 397,033 353.117 NET ASSETS 397.Oi3 353.117 FUNDS Llnresiricted funds i97.033 353.117 TOTAL FUNDS 397.033 353.117 The financial statements were approved by the Board of Trustees and auihorised f(Fr issue on 6 July 2026 and were signed on it5 behalf by.. aebum - Trustee McManu5- Tree The notes fornj part of these financial statements Page 6
JAZZ ART UK DANCE COMPANY Notes to the FiTranci#l stateents for the Ve4r Ended JI July 2025 ACCOUNTING POLICIES Basis of preparing the financial sl#ttments The financial statements of the charity. which is a public benefii eniity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'A¢counring and R¢poning by Charities.. Statement of Recommended Practice applicable to charities preparing iheir accounis in accordance with ihe Financial Reponing Standard applicable in the UK and Republic of Ireland {FRS 1021 leffeciive l Januarv 20191,. Financial Reponing Siandard 102 'The Financial Reporting Scandard applicable in ihe UK and Republic of Ireland, and ihe ChaTltie5 and Trusiee Investment (Scoilandl Act 2005. The financial stat¢menis have been prepared under the historical cosi conveniion. IDeome All income is recognised in the Statement of Firn¢la7 Activitie5 once the charity has entitlement io the nds. it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are re¢ognised as expenditure as soon as there is a legal or constructive obligaiion committing the charity to that expenditure. it is probable thai a transfer of economic benefits will be required in settlement and the amoun( of the obligjation ¢an be measured reliably. Expenditure is a¢counced for on an accruals basis and has been classified under headings Ihat abbTregat¢ all cost related to the cacegory. Where Costs cannoi be directly attributed to particular headinbs they have been alltsealed to acciviiieg on a basis consistent with the use of resources. Tanglble fixed a55¢ts DepreciaiioD is provided at the following annual rates in order io Mrite off each asset over it5 estimated useful life. Taxatlon The charity is exempt froin tax on irs charitable activities. Fund accounling Unrestricied funds can be used in accordance with the ¢haritable objectives at ihe discretion of the trusiees. Restritted fund5 ¢an only be used for partt¢ular resiricied PUTposes within ihe objt$ of the charity. Restriciions arise M'hen specified by ihe donor or when funds are iai5ed for panicular restrict¢d purposes. FurtheT explanaiion of the nature and purpose of each fund is included in the notes to the financial statements. OTHER TRADING ACTIVITIES 2025 2024 Reni received 1,306 Page 7 coniinued...
JAZZ ART UK DANCE COMPANY Notes to the Flngnelal St8temeDts- e0n¢ined for the Y¢aT Ended 31 July 2025 INVESTMENT INCOME 2025 2024 Dep051t account interest 9,578 3.356 RAISING FUNDS Raising donations and l¢ga¢i¢s 2025 2024 Support costs 1.578 TRUSTF.ES' REMUNERATION AND BENEFITS 2025 2024 Trn5tees' salaries 5,000 5.032 l( was a¥reed by the board of trustees thai Ms Nicol would be remunerated for the additional services that she provided during the year. These additional services were ouim'iih her trustee duties. Trustees. expenses DurinuF the year travel colts totalling £1.52] were reimbursed io irusiees12024 £Nil}. COMPARATIVES FOR THE STATEMENT OF FJNANCIAL ACTIVITIES Unresiricied fund INCOME AND ENDOWMENTS FROM Donations and legacies 5.518 Ch#ritable aetivities General Other trading activities Investmeni income her income 1,306 3.356 Total 149,447 EXPENDITURE ON Raising funds 1.578 Charitable #etiwltits General 108.237 her 1,928 Total 111,743 NET INCOME 37.704 Page 8 continued..
JAZZ ART UK DANCE COMPANY Notes to the Financial StaitmtDts- coDIiDued for the Year Ended Jl July 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund RECONCILIATION OF FUNDS Total funds brought forward 315.413 TOTAL FUNDS CARRIED FORWARD 353,117 TANGIBLE FIXED ASSETS Computer equipment COST Additions DEPRECIATION Char&ye for yvdr 534 NET BOOK VALUE At ) l July 2025 1,067 Ai 31 July 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Prepayments 1,732 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other creditors 6,897 1,201 10. MOVEMENT IN FUNDS Nei movement in funds At 31.7.25 Ai 1.8.24 Unrestricted fund5 General fund 353,117 43,916 397,033 TOTAL FUNDS 353,117 43.916 397,033 Page 9 continued...
JAZZ ART UK DANCE COMPANY Note5 to the FinatI¥l Statements- eontinued ror th¢ Yegr Ended 31 Jllly 2025 10. MOVEMENT IN FUNDS- continued Net movemeni in funds, included in ihe above are as follows.. Incoming resources Resources expended Movement in ndS UnTestrieted funds General fund 157,978 {114,062) 43,916 TOTAL FUNDS 157,978 (114.062) 43,916 Comparalives for movement in funijs N¢t movemeni in funds At 31.7.24 At 1.8.23 Unres¢ri¢i¢d funds General fund 315.413 37,704 353,117 TOTAL FUNDS 315.413 37,704 353,117 Comparative net movement in funds. included in ihe above are as follows.. Incoining resources Resources expended Movemeni in funds UDrestri¢¢ed funds General nd 149.447 1111.743} 37,704 TOTAL FUNDS 149.447 37,704 Unrestricted funds can be used in accordance with the charitable objectives at th¢ diretiOn of the trusiees. Ai the year end all fund5 held were unresiricied. Reslri¢ied funds are where the dgnor or grant provider has 5Cificd a particular resiriciion io ihe funding for Jau Art to cany out its chariiable purpose. At the year ¢nd there were no restricted filnds held. Page 10 continued...
JAZZ ART UK DANCE COMPANY Notes to the Fingn£ial Statements- for tbe Year Ended 31 July 2025 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 July ?025. 12. ULTIMATE CONTROLLING PARTY The trustees are in ultimate control of the chariry. Page 11