Charity Registration No. 1039412
Company Registration No. 02938525 (England and Wales)
## **KALA CHETHENA KATHAKALI TROUPE**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 AUGUST 2021**
## **KALA CHETHENA KATHAKALI TROUPE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Ms JR Crump Mr JA Buttler Ms SC Buttler **Secretary** Ms W Cooke **Charity number** 1039412 **Company number** 02938525 **Principal address** 15 Covey Close Lichfield WS13 6BS **Registered office** 25 Hursley Road Chandler's Ford Eastleigh Hampshire SO53 2FS **Independent examiner** Verve Accounting Limited 25 Hursley Road Chandler's Ford Eastleigh Hampshire SO53 2FS
## **KALA CHETHENA KATHAKALI TROUPE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the accounts|8 - 11|
## **KALA CHETHENA KATHAKALI TROUPE**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2021**
The trustees present their report and accounts for the year ended 31 August 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's [governing document], the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
The charity's objects are to advance education for the public benefit by the promotion of the arts. To present, promote, organize, provide, manage and produce dramas, dance, operas, films, broadcasts, concerts, musical pieces, entertainments, exhibitions, tutorials, seminars, courses and workshops, whether on any premises of the company or elsewhere.
The charities objectives are:
To provide access to Asian culture through the art of Kathakali, the classical dance drama of Kerala South India to advance the understanding of Indian traditions and people through the arts.
Funds are restricted for specific projects that fulfill the aims of the charity - see Restricted Funds Sheet attached in furtherance these objects are to bring communities together, encourage racial harmony, support people from ethnic minorities, increase understanding, awareness and enjoyment of Asian culture, tradition and the arts.
## **Structure, governance and management**
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on the 17 August 1994 and registered as a charity at the same date.
The trustees, who are also the directors for the purpose of company law, and who served during the year were:
Ms JR Crump Mr JA Buttler Ms SC Buttler
The trustees are invited onto the Board due to their interest in the ethos of our charity - see Recruitment Sheet attached.
Details, of organizational structure:
The charity is managed by an elected Board of Directors with a Chair person and secretary.
To carry out the aims of the charity the Board engage appropriate specialists to manage and deliver specific projects based on their skills and experiences under our equal opportunities poli cy.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
1
## **KALA CHETHENA KATHAKALI TROUPE**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Achievements and performance**
To achieve these aims we engage highly experienced specialists with the skills to plan and deliver workshops, performances, exhibitions and training to advance our aims and objectives.
The charity has delivered workshops, solo performances and a research project in India. These activities were attended by a total people of all ages, abilities and locations.
The aims:
Expose people of all ages, backgrounds and abilities to Asian theatre.
Take Asian culture to rural, urban and inner city areas.
Advocate a greater understanding of world theatre.
Engage the skills of world-class specialists to deliver the projects
**HERITAGE LOTTERY FUND:** In February 2020 we were successful in obtaining a Heritage Grant from National lottery Heritage Fund to plan and deliver a project featuring the LIFE BEHIND THE COSTUME exposing the rituals, temple culture, people, food, music and memories of the people of Kerala settled in the Croydon area.
The Museum of Croydon had to postpone the project until March 2022 and change the original three month exhibition in the museum into three weeks in the museum and two other exhibitions as outreach work.
The accompanying workshops and performances also had to be delayed. These changes had to continually communicated with all the participating groups.
The NLHF were very understanding and supportive.
**ARTS COUNCIL OF ENGLAND** : We secured funding from the Arts Council of England to sustain the company during lockdown pay key artist's wages and running costs to enable the KCKT to contribute to the arts when theatres are allowed to operate again.
With no access to earned income this funding was a life saver.
2
## **KALA CHETHENA KATHAKALI TROUPE**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Financial review:**
Covid 19 brought continual financial and artistic difficulties to the charity as 2021 proved to be worse that 2020. All expectations of recovery were dashed as theaters and schools remained closed to visiting artists.
Indian went on the red list making it impossible to bring our Indian based artists to the UK.
We were extremely fortunate to have secured 89,644 of funding from the following:
- The Cultural recovery Fund Arts Council of England
## **Financial summary - Income:**
|Arts council Recovery Grant No 1 final payment|3,466.00|
|---|---|
|Arts Council Recovery Grant No 2 1 st payment
|45,000.00|
|Arts Council Recovery Grant No 2 final payment|5,000.00|
|Other|367.92|
**Geographical review-** we have worked in the following locations via Zoom:
Sevenoaks, London, Australia, Portugal, Kazakhstan and India.
3
## **KALA CHETHENA KATHAKALI TROUPE**
## **TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 AUGUST 2021**
## **Activities in India review:**
We achieved the following:
- Consulted artists, promoters and schools to assess how we could work together after Covid including the UK, Norway and Portugal.
- Delivered 10 X Kathakali workshops via Zoom.
- Created the first digital interactive Dictionary of Kathakali Sign Language in the world.
- Developed visual communication by adapting Kathakali Mudras into the English language.
- Created and launched a new web page dedicated to Kathakali sign language. People are now studying all over the world.
- Making educational films.
- We applied to the ACE for a project grant that was unfortunately not funded.
- Trained in working with vulnerable young people – refugees and asylum seekers based in Croydon.
- Trained in working within Covid restrictions.
- Explored the cultural link between the Native Americans and Kathakali storytelling.
- Repaired the Kathakali masks and costumes.
- Successfully negotiated with Croydon Council to honor their commitment to the Kathakali heritage project. Kathakali was saved but all other events were cancelled.
- Had meetings on Zoom with Southampton City Council regarding their bid for the City of Culture.
**Numbers review:** 1,061 people experienced Kathakali during 2020 - 2021.
The report was approved by the Board of Trustees.
**Ms JR Crump** Chairman
Dated: 17 May 2022
4
## **KALA CHETHENA KATHAKALI TROUPE**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF KALA CHETHENA KATHAKALI TROUPE**
I report on the accounts of the charity for the year ended 31 August 2021, which are set out on pages 6 to 11.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees, who are also the directors of Kala Chethena Kathakali Troupe for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- (i) examine the accounts under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- (ii) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities;
have not been met or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Verve Accounting Limited
Independent 25 Hursley Road Chandler's Ford Eastleigh Hampshire SO53 2FS
Dated: 17 May 2022
5
**KALA CHETHENA KATHAKALI TROUPE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2021**
|**Unrestricted Restricted**
**Total**
**funds**
**funds**
**2021**
**Notes**
**£**
**£**
**£**
**Income from:**
Donations and legacies
**2**
-
-
-
Charitable activities
**3**
200
53,466
53,666
**Total income**
200
53,466
53,666
**Expenditure on:**
Charitable activities
**4**
646
89,634
90,280
**Net (expenditure)/income for the year/**
**Net movement in funds**
(446)
(36,168)
(36,614)
Fund balances at 1 September 2020
4,202
62,766
66,968
**Fund balances at 31 August 2021**
3,756
26,598
30,354|**Total**
**2020**
**£**
1,591
66,138|
|---|---|
||67,729|
||9,608|
||58,121
8,847|
||66,968|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
6
## **KALA CHETHENA KATHAKALI TROUPE**
## **BALANCE SHEET**
## **AS AT 31 AUGUST 2021**
|**Notes**
**Current assets**
Debtors
**6**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**7**
Net current assets
**Income funds**
Restricted funds
Unrestricted funds|**£**
-
30,361
30,361
(7)|**2021**
**£**
30,354
26,598
3,756
30,354|**£**
32
66,936
66,968
-|**2020**
**£**
66,968
62,766
4,202
66,968|
|---|---|---|---|---|
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2021. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts.
The responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The accounts were approved by the Trustees on 17 May 2022
## **Mrs JR Crump Chairman**
## **Company Registration No. 02938525**
7
**KALA CHETHENA KATHAKALI TROUPE**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021**
## **1 Accounting policies**
## **Charity information**
Kala Chethena Kathakali Troupe is a private company limited by guarantee incorporated in England and Wales. The registered office is 25 Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 2FS.
## **1.1 Accounting convention**
The accounts have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
## **1.4 Incoming resources**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
8
## **KALA CHETHENA KATHAKALI TROUPE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2021**
## **1 Accounting policies (Continued)**
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
## **1.5 Resources expended**
Grant funding on activities is recognised on a basis that matches the grant received to their respective expenditure.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **2 Donations and legacies**
||**2021**|**2020**|
|---|---|---|
||**£**|**£**|
|Donations and gifts|-|1,591|
9
## **KALA CHETHENA KATHAKALI TROUPE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **FOR THE YEAR ENDED 31 AUGUST 2021**
|**3**
**Charitable activities**
Services provided under contract
Performance related grants
Analysis by fund
Unrestricted funds
Restricted funds
**For the year ended 31 August 2020**
Restricted funds|**2021**
**£**
200
53,466
53,666
200
53,466
53,666|**2020**
**£**
-
66,138
66,138
66,138|
|---|---|---|
## **4 Charitable activities**
|**Restricted**
**funds**
**Unrestricted**
**funds**
**£**
**£**
Fees paid
-
-
Accountancy fees
-
646
-
646
Grant funding of activities (see note 6)
89,634
-
89,634
646|**Total**
**2021**
**£**
-
646
646
89,634
90,280|**Total**
**2020**
**£**
500
635
1,135
8,473
9,608|
|---|---|---|
10
## **KALA CHETHENA KATHAKALI TROUPE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021**
|**5**|**Grants payable**|||
|---|---|---|---|
|||**2021**|**2020**|
|||**£**|**£**|
||Grants to institutions:|||
||Other|89,634|8,473|
The sole beneficiary of the grants is Centre Ocean Stream a partnership which provides the aims of the charity.
-
|**6**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**7**
**Creditors: amounts falling due within one year**
Other taxation and social security|**2021**
**£**
-
**2021**
**£**
7|**2020**
**£**
32
**2020**
**£**
-|
|---|---|---|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits during the year.
## **9 Employees**
There were no employees during the year.
## **10 Controlling party**
The charitable company has no controlling party.
11