PLYMOUTH DANCE CIC

Company limited by guarantee

Company Registration Number:
07499476 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

PLYMOUTH DANCE CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PLYMOUTH DANCE CIC

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Mr Adam Benjamin
Mr Kane Mills


The directors shown below have held office during the period of
13 March 2024 to 31 July 2024

Dr Amanda Precious
Mr Kadus Smith
Dr Susannah Smith


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 April 2025

And signed on behalf of the board by:
Name: Dr Amanda Precious
Status: Director

PLYMOUTH DANCE CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 6,925 0
Cash at bank and in hand: 19,073 464
Investments:   0 0
Total current assets: 25,998 464
Creditors: amounts falling due within one year: 4 ( 22,318 ) 0
Net current assets (liabilities): 3,680 464
Total assets less current liabilities: 3,680 464
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 3,680 464
Members' funds
Profit and loss account: 3,680 464
Total members' funds: 3,680 464

The notes form part of these financial statements

PLYMOUTH DANCE CIC

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 April 2025
and signed on behalf of the board by:

Name: Dr Amanda Precious
Status: Director

The notes form part of these financial statements

PLYMOUTH DANCE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases Fixtures & Fittings 25 percent Straight line bases Computer Equipment 25 percent Straight line bases

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

PLYMOUTH DANCE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 11 5

PLYMOUTH DANCE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024 2023
£ £
Trade debtors 6,925 0
Total 6,925 0

PLYMOUTH DANCE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 5,044 0
Taxation and social security 649 0
Accruals and deferred income 0
Other creditors 16,625 0
Total 22,318 0

COMMUNITY INTEREST ANNUAL REPORT

PLYMOUTH DANCE CIC

Company Number: 07499476 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

In February 2024, due to the unforeseen closure of another dance organisation in Plymouth, the Directors of Plymouth Dance CIC decided to reactivate the company. This decision was made due to the demand for dance workshops and events from schools, city partners and families across Plymouth. After re-organising (new business model) and re-branding, Plymouth Dance CIC relaunched on 2nd April 2024. Between February 2024 and July 2024, activities included: - iMove – a weekly inclusive community dance class for young people, aged 12 to 25, who identify as SEN - Bi-weekly classes at Highbury Trust for individuals with PMLD - PLKicks - weekly youth dance programme, commissioned by Plymouth Argyle Community Team - Delivery of a May Half Term Holiday programme for young people aged 9+, commissioned by Street Games - iMove – a weekly inclusive community dance class for young people, aged 12 to 25, who identify as SEN - Bi-weekly classes at Highbury Trust for individuals with PMLD - PLKicks - weekly youth dance programme, commissioned by Plymouth Argyle Community Team - Delivery of a May Half Term Holiday programme for young people aged 9+, commissioned by Street Games - 14 weekly sessions in 8 schools across the city of Plymouth during the 2024 Summer Term - Eggbuckland Vale - Deaf SEN Unit - 7 x 1 hour dance sessions throughout June. - Plymouth Children’s Deaf Society – 2 sessions - Woodfest at Woodlands SEN School - Performance opportunity for PMLD students in June - Tea Dance with a Twist! event, as part of Plymouth City Centre Company’s Flavafest event on 1st June 2024. - Delivery of the Dance & Music Programme for Plymouth & Devon Racial Equality Council’s Plymouth Respect Festival, 26th July 2024 - Delivery of the 1st week of a Summer Holiday programme for Primary aged young people – commissioned by Fit & Fed - Preparation for delivering the West End Carnival Parade in August 2024

Consultation with stakeholders

Prior to relaunching the company, Plymouth Dance CIC consulted schools who had previously worked with the company that went into liquidation. We also consulted with parents of young people who had also benefited from the work of the other dance company. Finally, we consulted with city partners (including Plymouth City Centre Company, Plymouth & Devon Racial Equality Council) and potential commissioners (Fit & Fed, Street Games, Highbury Trust and Plymouth Argyle). It was the results of this initial consultation that resulted in the new business model, rebranding and range of activities offered and delivered. Plymouth Dance’s stakeholders are divided into funders, arts partners, non-arts partners, dance practitioners and the general public. The funders are consulted on a regular basis prior to the submission of funding bids, on the awards of grants and commissions and after via evaluation meetings and reports. The arts partners, non arts partners and dance practitioners are consulted with via one to one meetings, attending public meetings and requesting feedback in the form of online questionnaires. The general public are consulted on a one to one basis at public events and via paper and/or online questionnaires. Feedback from consultation is taken on board and acted upon when devising projects, short term planning and long term strategic visions.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 April 2025

And signed on behalf of the board by:
Name: Dr Amanda Jayne Precious
Status: Director