REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
BARROWLAND BALLET |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
BARROWLAND BALLET |
BARROWLAND BALLET |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2024 |
Page |
Report of the Trustees | 1 | to | 7 |
Independent Examiner's Report | 8 |
Statement of Financial Activities | 9 |
Balance Sheet | 10 | to | 11 |
Notes to the Financial Statements | 12 | to | 16 |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
The company's objectives are to promote, maintain, improve and advance the appreciation of and participation in the arts generally, and in particular the arts of dance theatre, contemporary dance, music, singing, comedy and film, but not excluding drama, ballet, opera and fine art. |
The company aims to widen audience engagement in the arts with particular focus on dance theatre for young audiences and their families; adult audiences and strengthening existing audience relationships. Additionally, it aims to develop and deepen relationships with organisations and artists of the highest calibre, pushing the boundaries of dance theatre with experts in their fields. The company aims to provide accessible, community dance theatre projects, specifically in an intergenerational context for the benefit and enjoyment of the whole community. It performs its work nationally and internationally, and promotes equality, diversity, inclusion and community integration through the arts. |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
Highlights for 2023-2024 include the premier of our new work for young audiences Too Close to the Sun at Edinburgh International Children's Festival; an International co-production with Atta festival, Turkey, to create and premier Poggle & Me for neurodivergent young people; the creation and premiere of Chunky Jewellery for adult audiences; further national and International touring of immersive video installation Family Portrait including at the Edinburgh Fringe as part of the 'Made in Scotland Showcase'; further national and international touring of Tiger Tale/ Playful Tiger which included the establishment of new partnerships in Taiwan and Korea; and the third and final year of our Christmas commission The Gift/ The Unexpected Gift. We were also delighted to continue our Wolf Pack intergenerational company and weekly Professional Class, as well as continue to engage with pupils from St Albert's Primary School and Isobel Mair School as part of our ongoing partnership. We were successful in our submission to Creative Scotland's Multi Year Funding stage 1 and prepared an extensive application and business plan for stage 2. |
NEW WORK |
Too Close to the Sun |
Following an advanced development and creation period in 2019/2020, with the initial premier and tour postponed due to COVID-19 restrictions, Barrowland Ballet completed and premiered new work Too Close to the Sun. The work was developed as a co-production with Imaginate and premiered at Platform in Glasgow on 12 & 13 May 2023 ahead of touring to The Beacon (23/24 May), Macrobert Arts Centre (26/27 May) and Edinburgh International Children's Festival (31 May-3rd June). It reached 2,102 audience members, receiving strong reviews and onward touring interest: |
"Visually captivating slice of dance-theatre takes flight" |
**** The List |
"thrilling... dance with an exquisite edge of balletic poetry" |
**** The Scotsman |
"a beautiful, at times daring work for three performers" |
**** The Stage |
Poggle & Me |
In 2022 we were awarded British Council International Collaboration funding to enable a collaboration with Atta Festival, Turkey, in a co-production of Poggle & Me; a sensory, inclusive adaptation of our existing work Poggle for neurodivergent young audiences age 7- 15 years. This has allowed Barrowland Ballet to share its existing practice and area of expertise with dancers and creative professionals in Turkey, and for there to be a cast & crew able to tour the work in both Turkey and the U.K. Following Natasha visiting Turkey to hold auditions for the Turkish team, an intensive creative development period commenced from August 2023, involving two weeks of workshops and rehearsals at our partnership school Isobel Mair, Newton Mearns and creation and refinement in Webster's Theatre. The Turkish Cast then returned to premiere the piece in Istanbul, Turkey. The development period also connected with St Albert's Primary Glasgow, Hollybrook Academy Glasgow and Ochil Wing of Wallace High School, who attended sharings of the work. In February 2024 there was further rehearsal and performances of Poggle and Poggle and Me at Capital Theatres, Edinburgh. In total, both shows reached a total of 1,432 audience member across the year. |
Chunky Jewellery |
Co-created by Natasha Gilmore, Jude Williams and Ben Duke, Chunky Jewellery underwent its final research and development periods across the year, before premiering with two performances on Saturday 9th March 2024 in Tramway, T1. The date serendipitously sandwiched between International Women's Day (Friday 8th March) and Mothering Sunday (10th March). The work reached 643 audience members, receiving feedback and critical review, and onward touring of the work is being planned for 2025 and beyond. |
'Chunky Jewellery is truly one of the best pieces of theatre I've seen, filled with heart-warming joy and poignant moments.' ***** Young Perspective |
'Genuinely moving and life affirming… what gives this two-hander its overall feel-good factor is the feisty, funny energy' ****The Herald |
"It was amazing, had barely dried my eyes from crying before I was crying laughing again. A gorgeous rollercoaster through life's highs and lows with the safety belt of friendship keeping us locked into our seats engrossed in the story and in awe of the music and movement. Thank you." Audience Member |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
"Having followed Barrowland Ballet's work over the years, I have witnessed Natasha Gilmore's exceptional talent and her ability to create deeply resonant and thought provoking performances. Chunky Jewellery, a collaborative effort between Natasha Gilmore, Jude Williams, and Ben Duke, stands as a testament to their collective brilliance. As an advocate for the arts and cultural exchange, I firmly believe this production encapsulates the essence of high-quality, artistically ambitious theatre. Its innovative choreography, heartfelt narrative, and evocative visuals come together beautifully in a deeply emotive theatrical experience that lingers in the minds of its audience long after the curtain falls." Jackie Wylie, Artistic Director and CEO of National Theatre of Scotland in a letter in support of future touring of the work |
Wee Man |
Planning for the future development, creation and touring of a new intergenerational performance work, Wee Man, was undertaken for 2024/25 and beyond. Wee Man is a highly physical performance by 6 men and 6 teenage boys, exploring the rules of masculinity understood by the wee men and older men in the cast. With a sound score by composer Luke Sutherland and text created with poet Kevin P. Gilday. |
NATIONAL AND INTERNATIONAL TOURING |
In addition to the touring of new work outlined above, the company undertook an extensive programme of National and International touring of existing works. |
Family Portrait |
Reached 1,624 audience members. This included touring to the JUNIOR Festival 2023 at the Harbourfront Centre, Toronto in May; The Egg Theatre, Bath, in June; Awesome Festival, Australia, in September; and a run at the Edinburgh Festival Fringe as part of the Made in Scotland Showcase; presented at Dovecot Studios in partnership with ZOO Venues from 4-20th August. During the Fringe we were able to strengthen our existing relationship with Arts Space for Kids, China who were in Edinburgh for their annual family camp. All 36 children and parents first attended a showing of Family Portrait before participating in an outdoor playful creative session with performers Natasha and Otis. We are now in communication with A.S.K about touring in 2025. The Fringe also resulted in two further 4-star reviews being received: |
"I loved this. From the beginning to the end, it was simply a joy. The best review I probably could leave was the one I heard on my way in as someone, leaving the installation told staff, I didn't want to leave. I knew by the end of it what she meant. This was a creative piece of absolute joy." |
**** The Fringe Review |
"a rich experience, and remarkably deep in the power of its immersion and command of attention. A pertinent reminder to ensure the value, and honesty, of nature, is passed to generations, Family Portrait goes beyond a one-dimensional explanation or production as its eloquent choreography and editing make for an enriching experience, unafraid to embrace every element of life, and of course, death." **** Corr Blimey |
The Gift and The Unexpected Gift |
Reached 1,937 audience members. The Gift, developed in Winter 2021 through a co-commission with Eden Court Theatre, Aberdeen Performing Arts, and Capital Theatre, and this was the final year of the commission with performances at The Lemon Tree, Aberdeen Further positive feedback was received: |
'The Gift' at The Lemon Tree, Aberdeen, unwraps the true meaning of Christmas in a playful, charming and imaginative style with technical brilliance and physical theatre that will resonate with audiences young and old. - aberdeeninspired.com on The Gift |
"As an observer, it was an emotional experience, but it was also incredibly inspiring to witness the performers creating a safe and magical space where the children felt secure and truly enchanted. This kind of work is not only heart-warming but vital to the communities we serve. If only every funding body, foundation, and high net worth individual could have the opportunity to witness the incredible work being done in our underfunded arts organisations. If they could see the value and impact we create with limited resources, it's truly awe-inspiring. Imagine the positive difference we could make with more substantial support, moving beyond just keeping the lights on and towards expanding our reach and impact." - Observer on The Unexpected Gift |
Tiger Tale and Playful Tiger |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
Touring of Tiger Tale and Playful Tiger reached 1892 audience members across the year. Playful Tiger and Tiger Tale toured to Asia performing at National Taichung Theatre, Taiwan (12-16th July), and ASSITEJ South Korea International Festival 2023 (20-23rd July). Performances were very well received in both venues with ASSITEJ South Korea keen for us to return; this is currently scheduled to take place in 2025. Playful Tiger also travelled to bOing! Festival, Canterbury for performances 26th and 27th August 2023, receiving this beautiful feedback from audiences: |
"When you have a child with complex needs, the world can become a small space, limited not only by inaccessible venues but by blinkered attitudes. Discovering experiences like this one where you connect together uniquely without limits is priceless. This kind of work should get more funding, because the wellbeing impact you get from being in a small group, indoors and focused on complex needs, is profound. I can't thank you enough for making this possible." |
"We were also there today, and I completely echo what you've said. I left the building and immediately tried to call my partner and my mum to tell them what an incredible experience we had just had, I was welling up with joy. All day I've been trying to piece together some kind of review in my head but I just haven't managed to find the words yet, like you said it's so hard to describe to anybody that wasn't there. I think you might have even been the person that the lad I look after had the confidence to try and stand up and walk with. He was a completely different child in that show and the interaction between him, the other children and performers was something I'll never forget. Everyone at Barrowland Ballet all I can do for now is thank you from the bottom of my heart. When I find the words to say more, you can be sure I will!" |
Tiger Tale and Playful Tiger also toured to ASSITEJ Finland (24th - 30th October 2023) including school workshops delivered by Gail Sneddon and an online talk by Natasha Gilmore to Finland Theatre students on 2nd November. The following great feedback from teachers was received: |
"It was great about this show how it was designed specifically for our students. Students were free to be themselves and watch the show in their own way. For example, sounds or movement in the space were not forbidden, but on the contrary, they were encouraged to move in the space and participate in the performance. The practical arrangements were well thought out in advance, and they served the needs of our group well. - - The show was amazing. Children were allowed to be, participate and wonder freely. It felt like the show was planned for them. It was great visually and soundly. The mandarins were a great part of the show. It was lovely to see how happy the children were watching the show. The performers were really good at connecting with children and finding a way to treat each child." - Teachers of Toivola special school Tessa Rinkinen and Suvi Janatuinen |
Dance Film |
Barrowland Ballet has had continued international success with its repertoire of dance films, garnering several laurels from established film festivals across 2023-24. |
Whiteout, Strings and And I'll Huff officially selected for Dublin World Film Festival 2023; and And I'll Huff officially selected for PlatArtistic Spring Dance Film Festival 2023, Barcelona and featured in Edinburgh International Children's Festival school online programme. |
The Tea Party was selected as a Finalist at SF3 Smartphone Film Festival, Australia screening 11th November 2023; And I'll Huff was screened at In Shadow Festival, Lisbon 28th November 2023 within their screendance competition programme. |
PARTICIPATORY WORK |
Wolf Pack |
Natasha recommenced her role as artistic lead of Barrowland Ballet's Intergenerational Company, Wolf Pack, from May 2024. This provided an opportunity to further strengthen links between Wolf Pack and Barrowland Ballet's wider programme of work. This included work with the Too Close to the Sun dance artists Molly and Ilona; attending a sharing of the work in the rehearsal room; attending the premiere of the show at Platform on 13th May 2023. They also had the opportunity to join Natasha and Tiger dance artist, Jo Pirrie, in the rehearsal room in advance of its tour, and received guest workshops from professional dancers Jade Adamson and Alex McCabe. Natasha, supported by Jade Adamson, choreographed a new piece with Wolf Pack, Like Blood, which premiered at the Theatre Royal, Glasgow as part of Go Dance 2024 and has been invited to be presented at Gathered Together Festival at Tramway in September 2024. |
School Partnerships |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
We continued our partnership with St Albert's Primary in Pollokshields, Glasgow where around 97% of pupils represent the global majority, particularly of Pakistani and South Asian heritage. Barrowland Ballet delivered one week's residency with P4 pupils in May 2023 to create a short performance inspired by Too Close to the Sun that was shared with the school, friends and family. Afternoon workshops were also offered to upper primary school classes during that week. Pupils from St Albert's Additional Learning Needs Unit attended sharings of Playful Tiger rehearsals and Poggle & Me during its development period later in the year. |
Barrowland Ballet also continue to develop its partnership with Isobel Mair School and Family Centre for Children and young people aged 0-18 years with additional support needs across East Renfrewshire. This predominantly focused around Poggle & Me with two weeks of intensive workshops taking place at the school. |
SECTOR DEVELOPMENT AND LEADERSHIP |
Professional Contemporary Class |
Professional Contemporary Class continued to be co-delivered with The Work Room, weekly on Thursday and Friday mornings during term time. This continues to be well attended with around 800 attendances across the year. Due to company capacity, administration for the programme transitioned from Barrowland Ballet to The Work Room, with Barrowland Ballet continuing to provide input and guidance on development and contributing half the operating costs including dance artist fees and venue hire. |
Sharing and supporting practice |
Barrowland Ballet are proud to contribute to the local, national and international arts ecology. Artistic Director, Natasha Gilmore, continues to provide formal and informal mentoring to dance artists and choreographers. The Barrowland Ballet team continue to contribute to a number of networks and forums, and throughout the year have been invited to share their practice through talks, panel discussions and masterclasses both within the UK and internationally. |
In July, Natasha Gilmore travelled out ahead of the Tiger cast to Taiwan to deliver a series of participatory and professional workshops and talks on her intergenerational practice, in partnership with Kai-Wen Chuang and alongside former Barrowland Ballet producer, Belinda McElhinney. This was funded through the British Council. They successfully delivered workshops and talks in three cities across Taiwan. In October 2023, Natasha delivered an online talk to theatre students in Finland as part of the Tiger Tale and Playful Tiger tour |
FINANCIAL REVIEW |
Financial position |
Barrowland Ballet's financial model has relied on a combination of funding and earned income. Earned income has been obtained through commissions of new work, co-productions, performances, screenings and participatory engagement work. |
Funding is sought from a variety of sources. Since 2015 Barrowland Ballet has been in receipt of regular funding from Creative Scotland, with a current funding award in place until 31 March 2024. The funding from Creative Scotland is used to support the charity to seek match funding from Trusts and Foundations such as The National Lottery Community Fund, the Paul Hamlyn Foundation and The Roberson Trust. With secure long-term Creative Scotland funding for the period April 2018 - March 2024 the charity aims to use this leverage to diversify its funding base further, ensuring its ongoing financial resilience. Creative Scotland considers any core funding provided under this agreement to be unrestricted for the purposes of classification under the requirements of the SORP for Charities. |
It is recognized that Barrowland Ballet currently have a larger amount of funds than is normal for the organisation. This is predominantly due to the budget for a number of activities being held and allocated for postponed/ future delivery for projects across 2022-24. This includes the significant funding in place for the British Council International Collaboration Funding for Poggle together with the unanticipated, but much required, recovery funding received. |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
FINANCIAL REVIEW |
Reserves policy |
The company will maintain charity reserves to a level that would support a minimum of three months, and ideally six months of staff and office running costs. This is to allow either the sufficient continuation of operations following any unexpected shortfall in revenue, provide resources for any unexpected opportunities, provide sufficient working capital to assist in day to day fluctuations in cashflow or, if necessary, time to allow the company to be wound up. |
Reserves should be reviewed annually. |
Reserves achieved beyond the figure necessary to support six months of activity will be invested back into the company's programme of activity. |
FUTURE PLANS |
In the year ahead, Barrowland Ballet's key priorities will include: |
- Development and creation of new work, Wee Man, including an onward touring programme that maximises the impact of this important work. |
- Refinement and onward touring of new work Chunky Jewellery, including a key application to the Made in Scotland Showcase to support presentation at the Edinburgh Fringe Festival 2024. |
Onward touring of our existing work, including: |
Presentation of Tiger Tale and Playful Tiger at The Lincoln Centre, New York, in April 2024 as part of The Big Umbrella Festival, and further development of Barrowland Ballet's relationship with this key strategic partner. |
Presentation of The Unexpected Gift at Edinburgh International Children's Festival. |
- Fundraising, including: |
A submission of the stage 2 application to Creative Scotland's Multi Year Funding programme. |
Submission of the next Young Start National Lottery funding application to secure ongoing funding for Wolf Pack and Barrowland Ballet's Intergenerational work. |
Identifying, developing and applying to a further major funder to support delivery of the artistic programme. |
Continuation of our existing programme of participatory and sectoral development activity including Wolf Pack, Professional Class, School Partnerships, mentoring, talks and workshops. |
Ongoing team development, including recruitment of a part-time Senior Producer to increase capacity and capitalise on current onward touring demand, and support the strategic development of the company. |
TEAM |
Salaried |
Artistic Director Natasha Gilmore, F/T |
Executive Producer Jo Walmsley P/T (maternity leave April 2023- April 2024) |
Producer (Maternity Cover) Gail Sneddon P/T (April 2023 - May 2024) |
General Manager Nicola Denman, F/T |
Production Manager Elle Taylor P/T (permanent from June 2023) |
Freelance |
Barrowland Ballet employs and engages with a significant number of freelance professionals in order to deliver its ambitious programme of work which requires numerous artistic, production, communication and producing roles. Many of these individuals have been involved in the work of Barrowland Ballet for several years. The charity thrives due to the skill, talent and effort of the independent creative sector. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
The liability of the members is limited to £1 each. |
Recruitment and appointment of new trustees |
The charity has a policy in place whereby the constitution of the board of trustees is reviewed on an annual basis. The trustees undertake an informal skills audit with a view to appointing new members. The charity has an objective to have the majority of the board as non-executives. |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
REPORT OF THE TRUSTEES |
For The Year Ended 31 March 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Kathleen Benham CA |
Benham Conway & Co |
Chartered Accountants |
16 Royal Crescent |
Glasgow |
G3 7SL |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
BARROWLAND BALLET |
I report on the accounts for the year ended 31 March 2024 set out on pages nine to sixteen. |
Respective responsibilities of trustees and examiner |
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. |
Independent examiner's statement |
In connection with my examination, no matter has come to my attention : |
(1) | which gives me reasonable cause to believe that, in any material respect, the requirements |
- | to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and |
- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations |
have not been met; or |
(2) | to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
Kathleen Benham CA |
The Institute of Chartered Accountants of Scotland |
Kathleen Benham CA |
Benham Conway & Co |
Chartered Accountants |
16 Royal Crescent |
Glasgow |
G3 7SL |
12 November 2024 |
BARROWLAND BALLET |
STATEMENT OF FINANCIAL ACTIVITIES |
For The Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Charitable activities |
Charitable activities | 376,162 | 27,886 | 404,048 | 464,349 |
Investment income | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 483,339 |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
BALANCE SHEET |
31 March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 400,200 |
Restricted funds | 83,139 |
TOTAL FUNDS | 483,339 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
BARROWLAND BALLET (REGISTERED NUMBER: SC344711) |
BALANCE SHEET - continued |
31 March 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
BARROWLAND BALLET |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 March 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. |
Computer Equipment 25 % on cost. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
BARROWLAND BALLET |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
2. | INVESTMENT INCOME |
31.3.24 | 31.3.23 |
£ | £ |
Investment income |
3. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.3.24 | 31.3.23 |
£ | £ |
Depreciation - owned assets |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
N. Gilmore received remuneration of £50,930 in the year (2023, £49,567). |
Trustees' expenses |
N. Gilmore was reimbursed £499 for the year ended 31 March 2024 (2023, £236) |
5. | STAFF COSTS |
31.3.24 | 31.3.23 |
£ | £ |
Wages and salaries |
Other pension costs |
149,092 | 143,120 |
The average monthly number of employees during the year was as follows: |
31.3.24 | 31.3.23 |
Staff |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Charitable activities |
Charitable activities | 392,427 | 71,922 | 464,349 |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
BARROWLAND BALLET |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 258,062 | 65,828 |
TOTAL FUNDS CARRIED FORWARD | 400,200 | 83,139 | 483,339 |
7. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Other debtors |
BARROWLAND BALLET |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Taxation and social security |
Other creditors |
10. | ANALYSIS OF NET ASSETS BETWEEN FUNDS |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
£ | £ | £ | £ |
Fixed assets | 338 | - | 338 | - |
Current assets |
Current liabilities | ( |
) | ( |
) | ( |
) |
371,437 | - | 371,437 | 483,339 |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.4.23 | in funds | 31.3.24 |
£ | £ | £ |
Unrestricted funds |
General fund | 400,200 | (28,763 | ) | 371,437 |
Restricted funds |
Restricted | 83,139 | (83,139 | ) | - |
TOTAL FUNDS | (111,902 | ) | 371,437 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 383,387 | (412,150 | ) | (28,763 | ) |
Restricted funds |
Restricted | 27,886 | (111,025 | ) | (83,139 | ) |
TOTAL FUNDS | ( |
) | (111,902 | ) |
BARROWLAND BALLET |
NOTES TO THE FINANCIAL STATEMENTS - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net |
movement | At |
At 1.4.22 | in funds | 31.3.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 258,062 | 142,138 | 400,200 |
Restricted funds |
Restricted | 65,828 | 17,311 | 83,139 |
TOTAL FUNDS | 323,890 | 159,449 | 483,339 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 394,435 | (252,297 | ) | 142,138 |
Restricted funds |
Restricted | 71,922 | (54,611 | ) | 17,311 |
TOTAL FUNDS | 466,357 | (306,908 | ) | 159,449 |
12. | RELATED PARTY DISCLOSURES |