INNOVATION DANCE STUDIOS LTD
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.
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.
What the accounts disclose
“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
“Income comprised of class and membership fees of £557,760 (2024 – £571,603)” — page 9
“The Charity’s policy is to provide the maximum services to the community whilst retaining sufficient funds to meet its financial obligations.” — page 9
“Trustees' salaries Trustees' social security Trustees' pension contributions to money purchase schemes 31.3.25 £ 100,000 7,028 2,887” — page 18
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DANIEL KEATING
- EMMA HARDY BSC HONS
- JESSICA MILLER
- ZOE NEWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/09/2021 | £10k | New Community Dance Acro & Wellness Studio |
| The National Lottery Community Fund | 01/06/2016 | £10k | Innovation Dance - Boston Manor Dance Studio |
| Greater London Authority | 09/01/2015 | £620 | Grant to Innovation Dance Studios Ltd |