2023-03-31-accounts - Akademi South Asian Dance UK

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			Pages
Trustees' Annual Report			2to16
Independent Examiner's Report				17
Statement of Financial Activities				18
Summary Income and Expenditure		Account		19
Balance Sheet				20
Statement of Cash flows				21
Notes to the Accounts			22 to	32
Detailed Statement of Financial	Activities		33to	35

Facebook		Twitter	Instagram	YouTube		Website
Total Reach:	30,323	Totallmpressions:	Reach: 27,803	Impressions:	303,868	Unique views: 42,337
12%ofthe target		34,402	43%ofthe target	58%ofthe	target
reached		30%ofthe target	reached	reached
		reached
Engagement:	2457	Engagement: 901	Interactions: 1704	Views:30,036		Views: 95,427
175%ofthe	target	17%ofthe target	84%ofthe target	58%ofthe	target	91%ofthe target
reached		reached	reached	reached		reached
Total Followers:		Total Followers:	Followers: 2472	Subscribers:	1927	Total visitors: 21,860
5033		3422	92%ofthe target	92%ofthe	target	95%ofthe target
83%ofthe target		84%ofthe target	reached	reached		reached
reached		reached

for the year	ended	31March	2023
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2023	2023	2023	2022
			Notes	f	E	f.	f
Income and	endowments
from:
Grants for	Charitable
Activities				228,006	281,239	509,245	396,528
Charitable	activities						7,240
Investments				698		698	127
Other				488		488	12,163
Total				229,192	281,239	510,431	416,058
Expenditure	on:
Charitable	activities			33,460	214,222	247,682	193,135
Other				188,629	34,453	223,082	178,681
Total				222,089	248,675	470,764	371,816
Net gains on	investments
Net income				7,103	32,564	39,667	44,242
Transfers between		funds		(6,017)	6,017
Net income	before	other
gains/(losses)				1,086	38,581	39,667	44,242
Other gains	and losses
Net movement in funds				1,086	38,581	39,667	44,242
Reconciliation offunds:
Total funds brought		forward		360,734	42,086	402,820	358,578
Total funds carried		forward		361,820	80,667	442,487	402,820

			2023	2022
			f	f
Income			509,733	415,931
Interest and	investment	income	698	127
Gross income for the year			510,431	416,058
Expenditure			470,764	370,698
Depreciation	and charges	for
impairment	offixed assets			1,118
Total expenditure for the year			470,764	371,816
Net income	before tax for the year		39,667	44,242
Net income	for the year		39,667	44,242

Balance Sheet at 31March 2023	Balance Sheet at 31March 2023
Company No. 05294528		Notes	2023	2022
			f	f
Fixed assets
Tangible assets		12
Current assets
Debtors		13	37,645	40,665
Cash at bank and	in hand		437,933	491,297
			475,578	531,962
Creditors: Amount falling due within one year		14	(33,091)	(129,142)
Net current assets			442,487	402,820
Total assets less current liabilities			442,487	402,820
Net assets excluding	pension asset or liability		442,487	402,820
Total net assets			442,487	402,820
The funds ofthe charity
Restricted funds		15
Restricted income	funds		80,667	42,086
			80,667	42,086
Unrestricted funds		15
General funds			193,946	167,445
Designated funds			167,874	193,289
			361,820	360,734
Reserves		15
Total funds			442,487	402,820

			2023	2022
			f	f
Cash flows from operating	activities
Net income per Statement	of Financial Activities		39,667	44,242
Adjustments for:
Depreciation of property, plant and equipment				(1,118)
Dividends, interest and	rents from investments		(1,186)	(290)
Other gains/losses
Decrease/(Increase) in trade and other		receivables	3,020	(36,349)
(Decrease)/Increase in trade and other		payables	(96,051)	114,510
Net cash (used in)/provided	by operating	activities	(54,550)	120,995
Cash flows from investing	activities
Dividends, interest and	rents from investments		1,186	290
Net cash from investing activities			1,186	290
Net cash from financing activities
Net (decrease)/increase in	cash and cash equivalents		(53,364)	121,285
Cash and cash equivalents	at the beginning	ofthe year	491,297	367,776
Cash and cash equivalents	at the end ofthe year		437,933	489,061
Components ofcash and cash equivalents
Cash and bank balances			437,933	491,297
			437,933	491,297

3 Statemen	t	of F	inancial Activities - prior	year
				Unrestricted	Restricted
				funds	funds	Total funds
				2022	2022	2022
Income and endowments
from:
Grants for		Charitable
Activities				218,956	177,572	396,528
Charitable		activities		7,240		7,240
Investments				127		127
Other				12,163		12,163
Total				238,486	177,572	416,058
Expenditure	on:
Charitable		activities		10,875	209,555	220,430
Other				151,386		151,386
Total				162,261	209,555	371,816
Net income				76,225	(31,983)	44,242
Net income before			other
gains/(losses)				76,225	(31,983)	44,242
Other gains and losses:
Net movement		in funds		76,225	(31,983)	44,242
Reconciliation		offunds:
Total funds brought			forward	284,509	74,069	358,578
Total funds carried			forward	360,734	42,086	402,820

Grants for	Ch	aritable Activities
			Unrestricted	Restricted	Total	Total
					2023	2022
Arts Council			218,961		218,961	218,956
Community	and		9,045		9,045
Curatorial
Dance Well Trust / City	/Linbury Bridge Trust			98,146	98,146	48,743
Paul Hamlyn	Foundation			92,650	92,650	17,100
/ BBCChildren		In Need /
ROAR
NLHF						7,203
Dancing Brain						54,060
Barings / Feet		First		1,380	1,380	34,501
				46,841	46,841
Without Walls		/ Pravaas
Green Spaces		Dark Skies		6,080	6,080
John Lyon's	/	Maitri		19,700	19,700
ACE/Plastic	Drastic			6,672	6,672
Fantastic
						15,965
Community	workshops
Commercial				9,770	9,770
			228,006	281,239	509,245	396,528

Incom	e from investments
		Unrestricted	Total	Total
			2023	2022
Bank	interest	698	698	127
		698	698	127

6	Other income
				Unrestricted	Total	Total
					2023	2022
	Other donations			488	488	163
	Theatre Tax Relief					12,000
				488	488	12,163
7	Expenditure on charitable	activities
			Unrestricted	Restricted	Total	Total
					2023	2022
	Expendi ture on
	Charitable activities		33,043	214,222	247,265	192,845
	Governance costs
	Trustees' meeting costs		417		417	290
			33,460	214,222	247,682	193,135
8	Other expenditure
			Unrestricted	Restricted	Total	Total
					2023	2022
	Advertising and corporate fundraising		8,180		8,180	6,250
	Employee costs		141,760	34,453	176,213	130,694
	Motor and travel costs		3,395		3,395	2,034
	Premises costs		14,855		14,855	5,710
	Amortisation,
	depreciation,
	impairment, profit/loss					1,118
	on disposal offixed
	assets
	General administrative
	costs		16,564		16,564	21,114
	Legal and professional costs		3,875		3,875	11,761
			188,629	34,453	223,082	178,681

Staff costs
	2023	2022
Salaries and wages	94,734	82,291
Social security costs	64,326	35,449
Pension costs	17,153	12,954
	176,213	130,694

The average	mont	hly number of full time equi	valent employees during the year	was as follows:
			2023	2022
			Number	Number
Direct charitable		activities
Fundraising
Management	and	administration

12	Tangible fixed assets
				office
				equipment
				f
	Cost or revaluation
	At 1April 2022		75,802	75,802
	At 31March 2023		75,802	75,802
	Depreciation and
	impairment
	At 1April 2022		75,802	75,802
	At 31March 2023		75,802	75,802
	Net book values
	At 31March 2023
	At 31March 2022
13	Debtors
		2023		2022
				f
	Trade debtors	10,010		3,050
	Other debtors			12,000
	Prepayments and accrued income	27,635		25,615
		37,645		40,665
14	Creditors:
	amounts falling due within one year
		2023		2022
		f		f
	Other creditors	794
	Accruals	32,297		46,992
	Deferred income			82,150
		33,091		129,142

s tothe Accounts Movement in funds
		Incoming
	At 1April 2022	resources (including other	Resources expended	Gross transfers	At 31 March 2023
		gains/losses)
		f
Restricted funds:
Restricted income funds:
Dance Well /Linbury
Trust / City Bridge Trust		98,146	(89,959)		8,187
Commercial		9,770	(7,458)	(2,312)
Green Spaces Dark Skies		6,080	(6,080)
Without Walls / Pravaas	7,585	46,841	(37,456)		16,970
Barings / Feet First	34,501	1,380	(4,841)		31,040
ACE / Plastic Drastic
Fantastic		6,672	(15,001)	8,329
Paul Hamlyn Foundation
/ BBCChildren In Need /
ROAR		92,650	(70,544)		22,106
John Lyon's / Maitri		19,700	(17,336)		2,364
Total	42,086	281,239	(248,675)	6,017 -	80,667
Unrestricted funds:
General funds	167,445	229,192	(196,674)	(6,017)	193,946
Designated funds:
Strategic Development	35,895		(11,786)		24,109
Dance Production	104,527		(8,329)		96,198
Artist and Artform
Development	29,620		(5,300)		24,320
Community and
Education	23,247				23,247
Total	193,289		(25,415)		167,874
Total funds	402,820	510,431	(470,764)		442,487

Annual co	mmitments under non-cancell	able operating lea	ses are as fol	lows:
		2023	2023	2022	2022
		Land and		Land and
			Other		Other
		buildings		buildings
		f		f
Operating	leases with expiry date:
Over five	years	22,560		22,420
		22,560		22,420

Pension	commitment	s
			2023	2022
			f	f
The pension cost charge to the
company	amounted	to:	17,153	10,956

				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2023	2023	2023	2022
				f		E	E
Income and endowments			from:
Grants for Charitable	Activities
Arts Council				218,961		218,961	218,956
Community and Curatorial				9,045		9,045
Dance Well /Linbury City Bridge Trust	Trust		/		98,146	98,146	48,743
Paul Hamlyn Foundation		/ BBC
Children In Need / ROAR					92,650	92,650	17,100
NLHF							7,203
Dancing Brain							54,060
Barings / Feet First					1,380	1,380	34,501
Without Walls / Pravaas					46,841	46,841
Green Spaces Dark	Skies				6,080	6,080
John Lyon's / Maitri					19,700	19,700
ACE / Plastic Drastic Fantastic					6,672	6,672
Community workshops							15,965
Commercial					9,770	9,770
				228,006	281,239	509,245	396,528
Charitable activities							7,240
							7,240
Investments
Bank interest				698		698	127
				698		698	127
Other
Other donations				488		488	163
Theatre Tax Relief							12,000
				488		488	12,163
Total income and endowments				229,192	281,239	510,431	416,058
Expenditure on:
Charitable activities				33,043	214,222	247,265	192,845
				33,043	214,222	247,265	192,845
Governance costs
Trustees' meeting costs				417		417	290
				417		417	290
Total ofexpenditure charitable activities	on			33,460	214,222	247,682	193,135

Akademi South Asian D Detailed Statement of	ance UK Financial Activities			Company	No. 052945
Other expenditure
Advertising and corporate fundraising		8,180		8,180	6,250
		8,180		8,180	6,250
Employee costs
Salaries/wages		69,536	25,198	94,734	82,291
Employer's NIC		57,413	6,913	64,326	35,449
Pension costs		14,811	2,342	17,153	12,954
		141,760	34,453	176,213	130,694
Motor and travel costs
Travel and subsistence		3,395		3,395	2,034
		3,395		3,395	2,034
Premises costs
Rent		10,747		10,747	3,653
Rates		1,971		1,971
Premises insurances		2,137		2,137	2,057
		14,855		14,855	5,710
General administrative	costs,
including depreciation	and
amortisation
Depreciation of Freehold					1,118
property
Software, ITsupport related costs	and	4,499		4,499	7,705
Stationery and printing		185		185
Subscriptions		3,362		3,362	3,413
Sundry expenses		8,374		8,374	8,569
Telephone, fax and broadband		144		144	1,427
		16,564		16,564	22,232
Legal and professional	costs
Independent examination fees and TTR costs		2,300		2,300	1,950
Accountancy and bookkeeping					1,038
Consultancy fees		1,575		1,575	8,773
		3,875		3,875	11,761
Total ofexpenditure ofother costs		188,629	34,453	223,082	178,681
Total expenditure		222,089	248,675	470,764	371,816
Net gains on investments
Net income		7,103	32,564	39,667	44,242
Transfers between funds		(6,017)	6,017

Akademi South Asia	n Dance UK			Company	No. 052945
Detailed Statement	of Financial Activities
Net income before	other
gains/(losses)		1,086	38,581	39,667	44,242
Other Gains
Net movement in funds		1,086	38,581	39,667	44,242
Reconciliation offunds:
Total funds brought	forward	360,734	42,086	402,820	358,578
Total funds carried	forward	361,820	80,667	442,487	402,820