REGISTERED NUMBER: 08328577 (England and Wales)

ASSOCIATED BOARD OF DANCE LTD

(A COMPANY LIMITED BY GUARANTEE)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J S Sullivan

Mr C J Lang

Mr M J Elsbury

Mr D S Hodson

Miss C M Palethorpe

REGISTERED OFFICE:

Unit 212 Jubilee Centre

130 Pershore Street

Birmingham

West Midlands

B5 6ND

REGISTERED NUMBER:

08328577 (England and Wales)

ACCOUNTANTS:

Shah & Co (Accountants) Ltd

Chartered Certified Accountants

Cash's Business Centre

1st Floor

228 Widdrington Road

Coventry

West Midlands

CV1 4PB

FIXED ASSETS

Intangible assets

4

923

923

Tangible assets

5

-

589

923

1,512

CURRENT ASSETS

Stocks

48,570

56,329

Debtors

6

2,434

1,893

Cash at bank and in hand

116,047

110,409

167,051

168,631

CREDITORS

Amounts falling due within one year

7

(5,175

)

(10,000

)

NET CURRENT ASSETS

161,876

158,631

TOTAL ASSETS LESS CURRENT LIABILITIES

162,799

160,143

RESERVES

Income and expenditure account

9

162,799

160,143

162,799

160,143

The 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 directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which 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 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 company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2025 and were signed on its behalf by:

Mrs J S Sullivan - Director

1.	STATUTORY INFORMATION

Associated Board of Dance Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Income represents amounts derived from membership fees, examination fees and sale of merchandise to its members and customers.

Subscription fees is recognised in full when received. Examination fees is credited to the income and expenditure account during the accounting period in which the examinations take place. Income from sale of merchandise is recognised when the company has the right to consideration.

Intangible assets - software development

Software development cost is written off as incurred, except where the directors are satisfied as to the technical, commercial and financial viability of individual identifiable projects. In such cases, the identifiable expenditure is capitalised and amortised over the period during which the company is expected to generate economic benefit. At the balance sheet date the software remains under development and is therefore not subject to amortisation until the asset is developed and becomes fully functional. Provision is made for any impairment.

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

-

15% on cost

Office equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Taxation

The company operates as a not for profit making organisation and therefore is not subject to corporation tax on the profits derived from its principal activity. However, any interest derived from bank deposits, which are outside the scope of this exemption, is liable to corporation tax as and when it arises.

Deferred taxation is therefore not relevant for this company and accordingly no provision has been made in the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2024

and 31 March 2025

923

NET BOOK VALUE

At 31 March 2025

923

At 31 March 2024

923

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

4,718

17,726

22,444

DEPRECIATION

At 1 April 2024

4,129

17,726

21,855

Charge for year

589

-

589

At 31 March 2025

4,718

17,726

22,444

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

589

-

589

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

2,434

1,893

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

1,894

-

Other creditors

3,281

10,000

5,175

10,000

8.	LEASING AGREEMENTS

Rental of office premises is on a month to month rolling basis. Accordingly, there is no fixed lease term.

9.

RESERVES

Income

and

expenditure

account

£

At 1 April 2024

160,143

Surplus for the year

2,656

At 31 March 2025

162,799

10.	RELATED PARTY DISCLOSURES

The organisation exists to further the interests of its members. Accordingly, the income of the organisation is principally derived from the provision of a range of services to its members. However, as no individual member has overall control, it is not deemed necessary to disclose details of the transactions arising between the company and its members.

11.	ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling parties by virtue of their ability to concert in respect of the operating and financial policies of the company.

12.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have share capital.