INNOVATION DANCE STUDIOS LTD

Registered charity 1153263 · accounts filings on the Charity Commission register

Providing children and community dance lessons and events in Greater London. During the year, the charity has geographically expanded, bringing opportunities to more communities, including Finchley & Colindale. Examples are available on http://www.innovationdancestudios.co.uk/about-us/recent-performances/

Objects

THE OBJECTS FOR WHICH THE CHARITY IS ESTABLISHED (THE "OBJECTS") ARE RESTRICTED TO: ADVANCING EDUCATION IN THE PERFORMING ARTS, AND IN PARTICULAR,IN DANCE; PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES FOR DANCE AND OTHER LEISURE TIME OCCUPATION FOR THE INHABITANTS OF THE LONDON BOROUGH OF EALING AND THE SURROUNDING AREAS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY, OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, OR FOR THE PUBLIC AT LARGE, IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;IN EACH CASE FOR THE PUBLIC BENEFIT.

Area of benefit: THE LONDON BOROUGH OF EALING AND THE SURROUNDING AREAS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£576k
Latest spending
£614k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £112,455 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds to £345,638. The trustees confirm that the financial position remains consistent with their policy of retaining sufficient funds to meet obligations, supported by regular cashflows from class payments. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or trading subsidiaries.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £100,000 — above the 90th percentile for charities its size (median £60k)
“Trustees' salaries Trustees' social security Trustees' pension contributions to money purchase schemes 31.3.25 £ 100,000 7,028 2,887 31.3.24 £ 100,000 6,620 2,294 109,915 108,914” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Fees charged (100% of income)
“Income comprised of class and membership fees of £557,760 (2024 – £571,603)” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: retaining sufficient funds to meet its financial obligations (held: £346k)
“The Charity’s policy is to provide the maximum services to the community whilst retaining sufficient funds to meet its financial obligations.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustees received salaries totaling £100,000, social security contributions of £7,028, and pension contributions of £2,887.
“Trustees' salaries Trustees' social security Trustees' pension contributions to money purchase schemes 31.3.25 £ 100,000 7,028 2,887” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£576k
Total spending
£614k
Cost of raising funds
£4k
Reserves (reported)
£346k
Employees
3

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.7% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Barnet · Bromley · City Of Westminster · Ealing · Islington

Income and spending

Financial year endIncomeSpending
31/03/2025£576k£614k
31/03/2024£589k£572k
31/03/2023£527k£539k
31/03/2022£551k£492k
31/03/2021£386k£307k

Common questions

Is INNOVATION DANCE STUDIOS LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £112,455 for the year ended 31 March 2025, resulting in a decrease in total unrestricted funds to £345,638. The trustees confirm that the financial position remains consistent with their policy of retaining sufficient funds to meet obligations, supported by regular cashflows from class payments. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were independently examined.

What does the highest-paid employee of INNOVATION DANCE STUDIOS LTD earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,000 band.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund10/09/2021£10kNew Community Dance Acro & Wellness Studio
The National Lottery Community Fund01/06/2016£10kInnovation Dance - Boston Manor Dance Studio
Greater London Authority09/01/2015£620Grant to Innovation Dance Studios Ltd