THE INTERNATIONAL DANCE TEACHERS' ASSOCIATION LIMITED BENEVOLENT FUND
Grants made to IDTA members or staff who have fallen on hard times due mainly to sickness or disability resulting in being unable to teach or work.
Objects
1) TO PROMOTE AND FOSTER THE ART OF DANCING IN ALL ITS FORMS BY ALL PRACTICAL MEANS AND UPHOLD THE HIGHEST IDEALS OF THE DANCE AND TO IMPROVE AND FURTHER THE TECHNICAL AND GENERAL KNOWLEDGE OF PERSONS ENGAGED IN OR SEEKING OR ABOUT TO ENGAGE IN THE TEACHING OF DANCING. 2) THE PROVISION OF FINANCIAL ASSISTANCE TO PERSONS IN NEED BEING (A) MEMBERS OR FORMER MEMBERS OF THE ASSOCIATION; (B) OTHER DANCERS OR FORMER DANCERS TEACHERS OR FORMER TEACHERS OF DANCING; (C) EMPLOYEES OR FORMER EMPLOYEES OF THE ASSOCIATION; (D) THE SPOUSES WIDOWS WIDOWERS CHILDREN AND OTHER DEPENDANTS OF MEMBERS OR FORMER MEMBERS OF THE ASSOCIATION OR OF OTHER DANCERS OR FORMER DANCERS TEACHERS OR FORMER TEACHERS OF DANCING OR OF EMPLOYEES OR FORMER EMPLOYEES OF THE ASSOCIATION IN SUCH MANNER AND BY SUCH MEANS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £141,556, which the trustees consider sufficient to fulfill current activities and exceed their stated policy target of approximately £100,000. The charity reported a net income increase of £79,796 for the year, driven by charitable activities, while expenditure on those activities totaled £191,357. The independent examiner confirmed that no material matters came to attention regarding the accounts' compliance with regulations.
What the accounts disclose
“The Trustees of the IDTA Benevolent Fund (IDTA Board of Directors) reviewed the accounts for the IDTA Benevolent Fund for the year ending 31 December 2024 and noted that the reserves (unrestricted) at that date stood at £141,556.” — page 3
“The Trustees have reviewed the reserve fund policy and consider a fund of approximately £100,000 is required to ensure donations can be made for up to 2-3 years” — page 3
“At the year end, the charity owed International Dance Teachers Association £6,907 (2023: £1,676 debtor). The amount is interest-free, unsecured and repayable on demana,” — page 10
Trustees
- Ian Richard Spiers
- Joanne Kirkland
- LYNDA ANITA KING
- Linda Marie Cook
- MICHAEL ANDREW SANDHAM
- Philip Edward Diment
- Yvonne Norah Saunders
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £271k | £191k |
| 31/12/2023 | £243k | £210k |
| 31/12/2022 | £223k | £213k |
| 31/12/2021 | £100k | £113k |
| 31/12/2020 | £31k | £78k |
Common questions
Is THE INTERNATIONAL DANCE TEACHERS' ASSOCIATION LIMITED BENEVOLENT FUND financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £141,556, which the trustees consider sufficient to fulfill current activities and exceed their stated policy target of approximately £100,000. The charity reported a net income increase of £79,796 for the year, driven by charitable activities, while expenditure on those activities totaled £191,357. The independent examiner confirmed that no material matters came to attention regarding the accounts' compliance with regulations. Its FY2024 accounts were independently examined.