REGISTERED COMPANY NUMBER: 04498630 (England and Wales)

REGISTERED CHARITY NUMBER: 1098505

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Eleni Dance Ltd

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

Notes to the Financial Statements

8

to

13

The Trustees, who are also the Directors of the Charity for the purposes of the Companies Act 2008, present their report with the Financial Statements of the charity for the year ended 31st March 2025. 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 2020)

Eleni is a not-for-profit dance development organisation, driven by a team of passionate dance and arts professionals. Our unwavering commitment is to provide meaningful dance experiences for Denbighshire, Flintshire and Wrexham, in North East Wales. The Company has its registered address as, Irish Square, Upper Denbigh Road, St Asaph, LL17 ORN.

Eleni is a registered charity- and was one of Arts Council of Wales revenue funded clients until 31st March 2024. Since losing the funding we were awarded Transition Funding of £30K to assist in restructuring. Rhos Consultancy & Aqua Marketing Consultancy were appointed in June 2024 for a 6 month project. Eleni has been seeking to explore new funding streams through private trusts, foundations and stakeholders. It also seeks additional funding from the National Lottery as well as receiving funding from local authorities of Denbighshire, Flintshire and Wrexham.

Eleni's activities take place over a geographical area stretching from the coastal area of north Flintshire- to the densely populated parts of Wrexham, and the rural areas of Denbighshire. The company has a strong track record of delivering high quality dance/ movement based activities. It benefits from well established relationships with its stakeholders.

At the beginning of the financial year, Eleni had a core team which included the Artistic Director, and a Project Manager. The Artistic Director left in May. At present we have one full time Project Manager. Trustees took over some of the roles on a caretaker basis. A restructuring is in process. The company employs a team of highly talented, freelance seasoned dance practitioners and aims to continue to offer the team interesting and creatively challenging opportunities. Eleni takes pride in investing and supporting its team of dance practitioners to ensure that they remain nourished, passionate and confident in their practice. The team has developed unique skills that has enabled them to adapt practice to work effectively with diverse participant groups.

The organisation offers opportunities for all ages and abilities, develops standards of teaching provision and engages communities in dance pursuits. Eleni offers a range of classes and workshops in different dance styles as well as targeted projects in the community. The company strives to bring the arts to the communities it serves, grow new audiences for dance, create and commission new dance work as well as offering training to teachers and dance professionals, and initiate cross-art form collaborations.

The company has earned a strong reputation for its breadth of work, innovative practices and collaborative partnership working. It embraces equality and diversity in its practices and works with, amongst many types of groups, hard to reach young people, children and adults with additional needs, mature people, more technically advanced dancers who may progress onto professional training, as well as individuals 'at risk'. The sessions are delivered in-both Welsh and English medium groups. Over the years ACW has commended Eleni for its work with 'at risk'/'isolated' communities, such as Refugees and Asylum Seekers, Blind Deaf groups and those suffering with Parkinson's, to highlight a few. Eleni has been working hard to develop its expertise with 'Protected Characteristics'/'at risk' groups and exploring the power that dance can have on individual mental health, self-worth and well- being in a variety of settings.

We, the Board of Trustees, are very proud of the collaborative relationships with renowned organisations such as Ballet Cymru. These relationships help to strengthen the sector by sharing and developing practice, raise the standards of provision; and offer exciting opportunities for the participants.

OBJECTIVES AND ACTIVITIES

Objectives

Following the Rebranding to Eleni, the tag line on publicity is "Experiencing Dance Differently".

The organisation offers opportunities for all ages and abilities, develops standards of teaching provision; and engages communities in dance pursuits. Eleni offers a range of classes and workshops in different dance styles as well as targeted projects in both communities and schools. The company strives to bring the arts to the communities it serves, grow new audiences for dance, create and commission new dance work, offer training to teachers and dance professionals, and initiate cross-art form collaborations.

The loss of funding from the Arts Council of Wales (ACW) has meant a lot of restructuring for the staff and greater support from the Trustees. The application and approval for Transition Funding from the Arts Council of Wales gave the opportunity for a total rethink.

Activities during the Year

The focus for the early part of the activities has been based on the (ACW) Create Funding -Creative Connections, which included, Mudo 2, Curiad 2,Connect and Gofod.

*Mudo/2. The Palops group in Wrexham. The African/ Portuguese group has been learning salsa and Bachata to expand their movement vocabulary and influence a new piece of choreography.

*Curiad/2, Wrexham Deaf/Blind Group. Eleni employed a creative writer/musician, Martin Daws, who has helped practitioners to deepen rapport, practice and purpose. The group had site visits to Ruthin Gaol and worked with a film maker. This is now available on the website. A booklet is also available.

*Gofod. This focused on research and consultation concerning Junior and Youth Dance provision as well as career pathways for developing Welsh medium dance practitioners. Also, looking at why Welsh language dance teachers choose to leave Wales.

* Your Space .This music /dance project that also worked with Your Space staff as mentee. The weekly sessions resulted in a sharing for parents and friends.

* KIM Inspire Project working in Corwen and Prestatyn

* Stand North West, the musician worked alongside our dance practitioner during the dance and music sessions.

* Mudo 2 Eleni worked with Ukrainian families in Rhyl and they all performed as part of a Cultural Celebration at Christ the Word School in Rhyl.

* Joshua Tree. A small pilot project working with 4 children from the company's caseload. The organisation works with families who are affected by childhood cancers.

* Dance & Digital Project. This project was offered to Ysgol Queensferry. Eleni worked at the school and the Skate park. Film maker Rob Spaull was commissioned to film the project.(This was not part of the create project, but a separate application - Explore )

* Dementia friendly sessions in Rhuddlan.

*Eleni continues to work in partnership with Ballet Cymru to deliver a Duets programme at Ysgol Ty Ffynnon.

* Open Access classes continue with Reach and Reset, Denbighshire, Movers, and Ruthin Movers.

* Welsh Language Learning. Our Project Coordinator/Dance Practitioner continues her Welsh Language course.

FINANCIAL REVIEW

Principal funding sources

Principal funding sources. Until March 2024 the organisation continued to receive invaluable support from the Arts Council of Wales. However following the Investment Review they lost their Core Funding but were successful in gaining Transitional Funding. They also had a Lottery grant which provides project funding until December 2025.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing board

The Charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Charities Act 2006. There is a use of 'Limited' exemption in place. Each member promises, if the Charity is dissolved while he or she remains a member within 12 months afterwards, to pay up to £5 towards the costs of dissolution and the liabilities incurred by the Charity, while the contributor was a member. Eleni operates as a registered Charity.

Organisational structure

Board of Trustees.

Chair: Margaret Bithell

Vice Chair: Gwenno Jones

Treasurer: Karen Armstrong

Trustees:. Christine Dukes- Alan Whitfield - Ian Carey

The Board is now in a new phase of development. Due to the loss of core funding from the Arts Council of Wales the Board has set up a new structure to determine the future of the company. Some of the financial operations were taken over by the Accountants, Salisbury and Company towards the end of the financial year. The Board of Trustees very much appreciates the advice and input in the past from the major stakeholders, especially Denbighshire- Sian Fitzgerald and Flintshire County Councils. The Board meets up to six times per year and sub-groups are formed to look in detail at specific issues. Policies are regularly revised and updated.

Staffing

With the loss of funding the staffing structure is in the process of change. Angela Fessi, Artistic Director of Eleni. left at the end of May. Joanne Oakes is now full time and has taken on the new role of Project Manager. Trustees have taken over some of the administration, project management and finance. Further restructuring is in progress. Dance activities are delivered by a team of freelance professional dance practitioners. These are delivered through the medium of Welsh and English.

With the Transition Funding, two consultants were appointed Marc Roberts and Wyn Roberts Their roles were to look at Business Planning, Funding and Communication. It was intended that this would help us to diversify our working methods to become a more viable and resilient organisation. A workshop took place on 16th July 2024 at Ty Pawb, Wrexham. This was followed by a series of meetings and a report was produced.

Induction and training of new trustees

New Trustees undergo an Induction Process; this includes an identification of skills audit and consideration of each Trustee's appropriate continuing professional development. An induction package is provided ( Company's Memorandum & Articles of Association, plus policies, handbook, guidelines, including Charity Commission circulars and training materials e.g. Trustees Roles and Responsibilities). A new Trustee Handbook is being compiled. Specific training courses are discussed. The opportunity to attend appropriate courses is also included.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04498630 (England and Wales)

Registered Charity number

1098505

Registered office

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

Trustees

Mrs G E Jones (resigned 31/5/25)

Ms C Dukes

Mrs M Bithell

Ms J L Smith (deceased 30/3/25)

Ms K Armstrong

Mr A Whitfield

Mr I Carey

Independent Examiner

Salisbury & Company

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

FINANCE

Eleni was a revenue funded organisation of Arts Council of Wales until March 2024. Transition Funding assisted the company to move into a more sustainable situation. A series of applications has resulted in a number of awards. Looking ahead, the Board is committed to diversifying income through applications to trusts and foundations, exploring local authority and corporate partnerships, and developing earned income opportunities. These steps will ensure Eleni's long-term sustainability and resilience.

In conclusion

As Chair I would like to record my sincere appreciation of the support of all the Trustees, the advice and encouragement from the Arts Council and local authorities and the work of staff and practitioners.

Approved by order of the board of trustees on 4 December 2025 and signed on its behalf by:

Mrs M Bithell - Trustee

Independent examiner's report to the trustees of Eleni Dance Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

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.

Aled Roberts BA FCA

Salisbury & Company

Chartered Accountants

Irish Square

Upper Denbigh Road

St Asaph

Denbighshire

LL17 0RN

9 December 2025

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

-

92,883

92,883

112,219

Charitable activities

4

Income from Classes

235

11,539

11,774

12,111

Investment income

3

1,013

-

1,013

1,305

Total

1,248

104,422

105,670

125,635

EXPENDITURE ON

Raising funds

2,545

54,438

56,983

6,230

Charitable activities

5

Staff Costs

48,359

19,919

68,278

98,631

Office expenses

13,033

9,939

22,972

7,662

Depreciation

675

-

675

977

Premises Costs

-

-

-

8,106

Total

64,612

84,296

148,908

121,606

NET INCOME/(EXPENDITURE)

(63,364

)

20,126

(43,238

)

4,029

Transfers between funds

13

(9,022

)

9,022

-

-

Net movement in funds

(72,386

)

29,148

(43,238

)

4,029

RECONCILIATION OF FUNDS

Total funds brought forward

92,106

-

92,106

88,077

TOTAL FUNDS CARRIED FORWARD

19,720

29,148

48,868

92,106

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

10

1,892

-

1,892

2,566

CURRENT ASSETS

Debtors

11

2,228

752

2,980

1,159

Cash at bank and in hand

19,317

28,437

47,754

89,998

21,545

29,189

50,734

91,157

CREDITORS

Amounts falling due within one year

12

(3,717

)

(41

)

(3,758

)

(1,617

)

NET CURRENT ASSETS

17,828

29,148

46,976

89,540

TOTAL ASSETS LESS CURRENT LIABILITIES

19,720

29,148

48,868

92,106

NET ASSETS

19,720

29,148

48,868

92,106

FUNDS

13

Unrestricted funds

19,720

92,106

Restricted funds

29,148

-

TOTAL FUNDS

48,868

92,106

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 4 December 2025 and were signed on its behalf by:

Mrs M Bithell - Trustee

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 each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

Following the completion of a project or the passing of the relevant timeframe, if it is not practicable to apply the remaining funds to the original purpose, the trustees will consider whether the restriction has effectively lapsed and may approve the transfer of such balances to unrestricted funds.

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.

2.	DONATIONS AND LEGACIES

2025

2024

£

£

Grants

92,883

112,219

Grants received, included in the above, are as follows:

2025

2024

£

£

ACW Revenue Funding

72,883

109,899

Denbighshire County Council

-

2,320

The National Lottery

20,000

-

92,883

112,219

3.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

1,013

1,305

4.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

£

Income from classes

Income from Classes

11,774

12,111

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs

costs

Totals

£

£

£

Staff Costs

68,278

-

68,278

Office expenses

15,092

7,880

22,972

Depreciation

675

-

675

84,045

7,880

91,925

6.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

674

978

7.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses are reimbursed for expenses incurred when undertaking business on behalf of the Charity.

8.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2025

2024

Dance practitioners

7

7

Administration

1

3

8

10

No employees received emoluments in excess of £60,000.

9.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

112,219

-

112,219

Charitable activities

Income from Classes

12,111

-

12,111

Investment income

1,305

-

1,305

Total

125,635

-

125,635

EXPENDITURE ON

Raising funds

6,230

-

6,230

Charitable activities

Staff Costs

98,631

-

98,631

Office expenses

7,662

-

7,662

Depreciation

977

-

977

Premises Costs

8,106

-

8,106

Total

121,606

-

121,606

NET INCOME

4,029

-

4,029

RECONCILIATION OF FUNDS

Total funds brought forward

88,077

-

88,077

TOTAL FUNDS CARRIED FORWARD

92,106

-

92,106

10.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024 and 31 March 2025

7,036

15,103

22,139

DEPRECIATION

At 1 April 2024

6,294

13,279

19,573

Charge for year

184

490

674

At 31 March 2025

6,478

13,769

20,247

NET BOOK VALUE

At 31 March 2025

558

1,334

1,892

At 31 March 2024

742

1,824

2,566

11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued income

752

-

Prepayments

2,228

1,159

2,980

1,159

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

131

117

Social security and other taxes

630

-

Accrued expenses

2,997

1,500

3,758

1,617

.

13.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1/4/24

in funds

funds

31/3/25

£

£

£

£

Unrestricted funds

General fund

92,106

(63,364

)

(9,022

)

19,720

Restricted funds

The National Lottery

-

20,000

-

20,000

Arts Council for Wales

-

15,000

(15,000

)

-

Create

-

(10,321

)

11,630

1,309

Duets

-

(1,046

)

5,491

4,445

Movement in Mind

-

400

-

400

Transition Fund

-

(1,971

)

1,971

-

Weekly Classes

-

237

2,757

2,994

One Off Children

-

(2,173

)

2,173

-

-

20,126

9,022

29,148

TOTAL FUNDS

92,106

(43,238

)

-

48,868

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

1,248

(64,612

)

(63,364

)

Restricted funds

The National Lottery

20,000

-

20,000

Arts Council for Wales

18,000

(3,000

)

15,000

Create

25,183

(35,504

)

(10,321

)

Duets

5,370

(6,416

)

(1,046

)

Movement in Mind

400

-

400

Transition Fund

30,000

(31,971

)

(1,971

)

Weekly Classes

5,469

(5,232

)

237

One Off Children

-

(2,173

)

(2,173

)

104,422

(84,296

)

20,126

TOTAL FUNDS

105,670

(148,908

)

(43,238

)

Comparatives for movement in funds

Net

movement

At

At 1/4/23

in funds

31/3/24

£

£

£

Unrestricted funds

General fund

88,077

4,029

92,106

TOTAL FUNDS

88,077

4,029

92,106

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

125,635

(121,606

)

4,029

TOTAL FUNDS

125,635

(121,606

)

4,029

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

Net

Transfers

movement

between

At

At 1/4/23

in funds

funds

31/3/25

£

£

£

£

Unrestricted funds

General fund

88,077

(59,335

)

(9,022

)

19,720

Restricted funds

The National Lottery

-

20,000

-

20,000

Arts Council for Wales

-

15,000

(15,000

)

-

Create

-

(10,321

)

11,630

1,309

Duets

-

(1,046

)

5,491

4,445

Movement in Mind

-

400

-

400

Transition Fund

-

(1,971

)

1,971

-

Weekly Classes

-

237

2,757

2,994

One Off Children

-

(2,173

)

2,173

-

-

20,126

9,022

29,148

TOTAL FUNDS

88,077

(39,209

)

-

48,868