IRIS Accounts Production v24.3.0.553 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true true false true false false 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091861862023-03-31091861862024-03-31091861862023-04-012024-03-31091861862022-03-31091861862022-04-012023-03-31091861862023-03-3109186186ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3109186186ns15:PoundSterling2023-04-012024-03-3109186186ns11:FRS1022023-04-012024-03-3109186186ns11:IndependentExaminationCharity2023-04-012024-03-3109186186ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109186186ns11:FullAccounts2023-04-012024-03-3109186186ns11:CharitiesSORP2023-04-012024-03-3109186186ns16:EnglandWales2023-04-012024-03-3109186186ns11:RegisteredOffice2023-04-012024-03-3109186186ns0:Trustee12023-04-012024-03-3109186186ns0:Trustee22023-04-012024-03-3109186186ns0:Trustee32023-04-012024-03-3109186186ns0:Trustee42023-04-012024-03-3109186186ns0:Trustee52023-04-012024-03-3109186186ns0:TotalUnrestrictedFunds2023-04-012024-03-3109186186ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3109186186ns0:Activity82023-04-012024-03-3109186186ns0:TotalUnrestrictedFundsns0:Activity82023-04-012024-03-3109186186ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-3109186186ns0:Activity82022-04-012023-03-3109186186ns0:TotalUnrestrictedFunds2023-03-3109186186ns0:TotalRestrictedIncomeFunds2023-03-3109186186ns0:TotalUnrestrictedFunds2024-03-3109186186ns0:TotalRestrictedIncomeFunds2024-03-3109186186ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-3109186186ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-3109186186ns10:WithinOneYear2024-03-3109186186ns10:WithinOneYear2023-03-310918618622023-04-012024-03-3109186186ns0:TotalUnrestrictedFunds2022-04-012023-03-3109186186ns0:TotalRestrictedIncomeFunds2022-04-012023-03-3109186186ns0:TotalUnrestrictedFundsns0:Activity82022-04-012023-03-3109186186ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31
REGISTERED COMPANY NUMBER: 09186186 (England and Wales)
REGISTERED CHARITY NUMBER: 1164708














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

LINE DANCE FOUNDATION

LINE DANCE FOUNDATION

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 11

LINE DANCE FOUNDATION (REGISTERED NUMBER: 09186186)

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 object of the charity, as stated in its governing documents, is to relieve poverty or financial hardship among persons who wholly or partly make their living working in the line dancing industry and their dependants by providing financial and other forms of support including (but without prejudice to the generality of the foregoing) assisting in the treatment and care of such persons who are suffering from illness of any description or who are in need of rehabilitation as a result of such illness and who have fallen into poverty or financial hardship as a result of such illness.

ACHIEVEMENT AND PERFORMANCE
The statement of financial activities for the year is set out on page 4 of the financial statements. A summary of the financial results and the work of the charity is set out below.

During the period the charity received donations of £63,494. Grants were made amounting to £42,640 and the trustees are once again pleased to have supported a wide cross-section of the dance community, particularly those in need.

The overall result for the year was a surplus of £23,736.

The charity has total funds of £84,342 at 31 March 2024 (2023: £60,606). There are no designated funds at the year end (2023: £nil).

FINANCIAL REVIEW
Reserves policy
The charity has minimal operating costs and does not require any significant free reserves.

FUTURE PLANS
Trustees plan to continue to make grants to beneficiaries.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted by its memorandum and articles of association dated 21 August 2014 and registered with the Charity Commissioners under charity number 1164708.

Recruitment and appointment of new trustees
The trustees select members of the trustee board and once appointed trustees serve indefinitely. No external body is entitled to appoint trustees.

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. Risk management is an ongoing annual process.


LINE DANCE FOUNDATION (REGISTERED NUMBER: 09186186)

Report of the Trustees
for the Year Ended 31 March 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09186186 (England and Wales)

Registered Charity number
1164708

Registered office
Butterworth Barlow House
10 Derby Street
Prescot
Liverpool
Merseyside
L34 3LG

Trustees
Mrs E A Drummond
Ms A Biggs (resigned 24.5.23)
Mrs M M Gallagher (appointed 14.5.23)
Mrs L A Naylor
Mrs H O'Malley

Independent Examiner
Butterworth Barlow
Chartered Accountants
Butterworth Barlow House
10 Derby Street
Prescot
Liverpool
Merseyside
L34 3LG

Bankers
Starling Bank
5th Floor
London Fruit & Wool Exchange
1 Duval Square
London
E1 6PW

Approved by order of the board of trustees on 15 November 2024 and signed on its behalf by:





Mrs E A Drummond - Trustee

Independent Examiner's Report to the Trustees of
Line Dance Foundation


Independent examiner's report to the trustees of Line Dance Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Gavin Butterworth

Butterworth Barlow
Chartered Accountants
10 Derby Street
Liverpool
L34 3LG

15 November 2024

LINE DANCE FOUNDATION

Statement of Financial Activities
for the Year Ended 31 March 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 63,494 - 63,494 73,056

Other trading activities 2 14,700 - 14,700 29,546
Total 78,194 - 78,194 102,602

EXPENDITURE ON
Raising funds - - - 10,378

Charitable activities
Health grants payable 42,640 - 42,640 38,234

Other 11,818 - 11,818 9,462
Total 54,458 - 54,458 58,074

NET INCOME 23,736 - 23,736 44,528


RECONCILIATION OF FUNDS
Total funds brought forward 60,606 - 60,606 16,078

TOTAL FUNDS CARRIED FORWARD 84,342 - 84,342 60,606

LINE DANCE FOUNDATION (REGISTERED NUMBER: 09186186)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
CURRENT ASSETS
Debtors 6 16,896 - 16,896 -
Cash at bank 68,271 - 68,271 61,399
85,167 - 85,167 61,399

CREDITORS
Amounts falling due within one year 7 (825 ) - (825 ) (793 )

NET CURRENT ASSETS 84,342 - 84,342 60,606

TOTAL ASSETS LESS CURRENT LIABILITIES 84,342 - 84,342 60,606

NET ASSETS 84,342 - 84,342 60,606
FUNDS 8
Unrestricted funds 84,342 60,606
TOTAL FUNDS 84,342 60,606

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.


LINE DANCE FOUNDATION (REGISTERED NUMBER: 09186186)

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 15 November 2024 and were signed on its behalf by:





Mrs E A Drummond - Trustee

LINE DANCE FOUNDATION

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.

Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.


LINE DANCE FOUNDATION

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. OTHER TRADING ACTIVITIES
31.3.24 31.3.23
£    £   
Fundraising events 14,700 29,546

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

Trustee's expenses paid in the year £nil (2023: £nil).

4. STAFF COSTS

There were no employees during the period (2022: nil).

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 73,056 - 73,056

Other trading activities 29,546 - 29,546
Total 102,602 - 102,602

EXPENDITURE ON
Raising funds 10,378 - 10,378

Charitable activities
Health grants payable 38,234 - 38,234

Other 9,462 - 9,462
Total 58,074 - 58,074

NET INCOME 44,528 - 44,528


RECONCILIATION OF FUNDS
Total funds brought forward 16,078 - 16,078


LINE DANCE FOUNDATION

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund fund funds
£    £    £   
TOTAL FUNDS CARRIED FORWARD 60,606 - 60,606

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Prepayments and accrued income 14,700 -
Prepayments 2,196 -
16,896 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Accrued expenses 825 793

8. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 60,606 23,736 84,342

TOTAL FUNDS 60,606 23,736 84,342

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 78,194 (54,458 ) 23,736

TOTAL FUNDS 78,194 (54,458 ) 23,736


LINE DANCE FOUNDATION

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


8. 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 16,078 44,528 60,606

TOTAL FUNDS 16,078 44,528 60,606

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 102,602 (58,074 ) 44,528

TOTAL FUNDS 102,602 (58,074 ) 44,528

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 16,078 68,264 84,342

TOTAL FUNDS 16,078 68,264 84,342

LINE DANCE FOUNDATION

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 180,796 (112,532 ) 68,264

TOTAL FUNDS 180,796 (112,532 ) 68,264

9. RELATED PARTY DISCLOSURES

During the year to 31 March 2023, Waypride Limited went into liquidation and the charity purchased The Crystal Boot Awards for £4,000 from the liquidators. The 2024 fundraising event raised a net amount of £14,700 (2023: £19,168)