Akademl South Asian Dance UK
Charity No. 1107249
Company No. 05294528
Trustees, Report and Unaudlted Accounts
31 March 2024

Akademl South Aslan Dance UK
Contents
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activitjes
Summary Income and Expenditure Account
Balance Sheet
2to20
21
22
23
24
Statement of Cash flows
25
Notes to the Accounts
26to35
Detailed Statement of Flnancial Attivities
36to37
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Akademi south Aslan Dance UK
Trustees Annual Report
The trustees are pleased to present their annual report together with the financial statements of the charity
for the year ended 31 March 2Q24 which are also prepared to meet the requirements for a dlrectors, report
and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and
Artlcles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to ch2ritie5 preparjng their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 leffettive l January 20191.
Reference and Administratlve Details
Akademi South Asian Dance UK is a registered charity (number.. 1107249) and the company number Is..
05294528,
Prlnclpal Office
Old Hampstead Town Hall
213 Haverstock Hill
London
NW3 4QP
Registered Office
Old Hampstead Town H311
213 Haverstock Hill
London
NW3 4QP
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees served during the year,.
Ann David
Anu Kapoor
Caroline Casev
EmilyJenkin5
Hannah Dye
Keith Khan (Chairl
Prakash Kurup
Rachel Harris
Sarah Robson
Shravan Sood
Company Secretary
Rachel Harris
Treasurer
PrBkash Kurup
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Akademl South Aslan Dance UK
Trustee5 Annual Report
Accountants
Luna Muncaster Ltd
40 Vera Avenue
Grange Park
London
N21 IRG
Bankers
Natlonal Westminster Bank
Bloomsbury Parr Branch
PO Box 158
214 High Holborn
London
ECIV 7BX
Solicitors
Russell Cooke Solicitors
2 Putney Hill
London
SW15 6AB
structure, Governance and Management
Akademi is a company limited by guarantee and governed by a memorandum of association which was
updated on l December 2021.
Trustees, Indemnity Insurance was purchased during the year. Akademi conducts an induction for new
trustees and provides on-going training throughout their time as trustees.
Trustees hold four f ull board meetings a year and take part In sesslons dedicated to the strateglc
development and f uture vislonlng of the organlsation annually, The board is supported by subgroups with
specific roles as follows:
Flnance & General Purposes (F&GP)- an existing group conslstlng of the Joint CEOS and 2 board members
(including the Trea5urerl to analyse and approve quarterly management accounts ahead of each board
meetingi review company policies (such a5 equal opportunities, safe8uarding and environmentall, oversee
and advise on HR, annually review remuneration for staff salaries and freelancers, fee5.
Strateglc Development Group (SDGI- a group consistlng of 3 board members lincluding the Chairl and the
Joint CEOS to monitor formal governance, monitoring of this business plan, risk register and mitigations, and
adherence to the Arts Council England Investment Principles.
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Akademi South Asian Dance UK
Trustees Annual Report
Artlst Advlsory Group (AAG)- a group consisting of 5 external freelance artists working within the form of
South Asian dance who meet quarterly with the Joint CEOS - note that these individua15 are not Trustees and
that their time is appropriately renumerated:
-Anusha Subramanyam
-Jane Chan
Parbati Choudhury
- Shyam Dattanl
Vidya Patel
The AAG represents the voices of the freelance artistic community wlthln Akademi's planning and
decision-making ensuring relevance to the wider settor. The group comprise artists of colour IIOO%I,
emerging artists140%1, LGBTQl+ artists120%1 and Is 8(YA female. A board member is present at most AAG
meetlngs to ensure communication of artists, opinions, ideas 3nd experlences to the wider board, ensuring
these voices impatt at board level and that AAG input is minuted as part of the official board papers. As this
Is the second full year of this cohort it 15 anticipated that the AAG membership will be rotated in 2024.
Major Rlsks
Akademi's major risks are principally the withdrawal of f unds by any of our major funders, including public
bodies. Steps have been taken by the Trustees to ensure that there Is regular dialogue with Arts Council
England 2nd that a fundraising strategy to diversify our income streams is PLJt in place. Akademi has a
comprehensive risk analysis which is avallable on request. System5 have been established to enable and
ensure regular report5 are produced so that the necessary steps can be taken to lessen these risks.
ANNUAL REVIEW
Oblectlves
The objects for which the Company is formed are to advance the arts for the public benefit, in particular bv
the promotion of South Asian dance forms, and generally by the promotion of the performing arts.
Akademi makes vibrant. fascinating, and meaningful South Asian dance. We use the compelling power of
storytelling, rhythm, and gestures to create deeper connections with each other and our wider world. Care is
at the centre of all that we do. Akaderni has been the beating heart of South Asian dance in the UK since
1979, and our vision 15 that South Asian dance 15 a vital part of everyone's creative expression.
Since Akademi'5 formation by renowned South Asian dance performer and teacher Tara RaJkum3r OAM, and
the Work of Artistic Director Mira Kaushik OBE from 1988-2019, we have grown into the UK'S leading dance
organisation dedicated to developlnE South Asian dance at the highest level.
Akademi 15 known for our world-class dance performances and groundbreaklng wellbeing programmes. Our
work is for everyone, and we bring our work to our communities. You can find us in everyday places from
theatres, parks, shopping centres and festivals to hospitals, care homes and schools. Through the captivating
forms of South Asian dance like Bharatanatyam and Kathak, we bring joy, inspiration and hope to people's
lives.
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Akademl South Aslan Dance UK
Trustees Annual Report
The artlstic communlty we work with are our collaborators and partners. We engage with internationallv
recognised dancers, choreographers, and artists to nurture the future generation of South Asian dance form
leaders. We collaborate with environmental, science and health specialists to share stories of the socletal
and scientific issues of our world today.
Akademl's work generates slgnlf Icant publlc benefit across the Interconnected areas in which it operates
Including community engagerhent, performance, and artist development. Our beneficiaries are wide ranging.
They include older adults, hospital patients and NHS staff, children and young people, those who are Black,
Asian minority ethnic, disabled people, low-income fami lies, people with Special Educational Needs, South
Asian dance professionals, artists and their collaborators and aspiring dancers and creative5.
"We put care at the centre of everything that we do at Akademi. Caring deeply about dance, the people we
work with and the artists and creatives who make work, we care about the planet and our future and we
care that as many people as possible can partlcipate and benefit from the joy ofsouth Asian dance." Sub
Subromaniam, Artistic Director & Joint CEO, Akodemi.
Akademi's Manlfesto
Akademi's Manifesto is a new statement developed by the Joint CEOS in consultation with the Trustees and
independent Artist Advisory Group. The Manifesto represents Akademi's public declaration and commitment
of our aims and values.
Our creative programme will be driven by societal and scientif ic issues that are relevant and resonant to
the now.
The dance artists we work with are our collaborators and cocurators and we will actively engage with them
to nljrture the future generations Df dance leaders and create work of high artistic quality.
• Our learning and participation programme will be underpinned by research to ensure clance impacts the
physic31 and mental wellbeing of our communities.
• We will actively seek opportunities for people of all cultures, abilities, and ages to access South Asian
dance.
Every new work will seek to factor In Inclusivity and access.
We will endeavour to listen to our communities to plan and devise all new learnlng and participation
programmes effectively in collaboration wlth our artists and participants.
Our work will engage with dance artists and communitles through partnerships with organisations across
the country.
We are committed to this manifesto. We will listen to our communities, be responsive and evolve with our
changing times.
Publlc Beneflt
The Trustees conflrm that they have complied with the duty in section 4 of the Charities Act 2011 to have
due regard to the Charity Commission's general 8uidance on public benefit.
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Akademi South Aslan Dance UK
Trustees Annual Report
Principle funding sour￿5
The principal funding sources for Akademi's work are Arts Council England {ACEI, Paul Hamlyn Foundation,
Clty Bridge Trust, The Llnbury Trust, BBC Children In Need, other grants from Trusts and Foundations,
performance and contract fees and income from workshops and commission5.
As an Arts Council England National Portfolio Organisation, ACE SLJPPOrt5 Akademi's core salary costs for
delivery of an agreed artlstlc programme. Our income from grants, commlssions and earned sources supports
the appreciation, knowledge of and community, education, and health participation in South Asian dance for
the public directly through performances and participatory engagement and workshops,
Akademi'5 activities, approach, plans and manifesto throughout 2023/24 demonstrated our strong alignment
with ACE'S current strategy- Let's Create Outcomes of Creative People, Cultural Communities and A Creative
and Cultural County; and their Investment Princlples IIPS) of Inclusion and Relevance, Ambition and Quality,
Dynamism and Environmental Responsibility.
CREATIVE PROGRAMME 2023124
Akademi's creative programme is led from our core aims of health & wellbeing, environmental and climate
emergency awareness, and research- all delivered by the means of South Asian dance performances and
Interventions. In 2023124, this work was developed and cemented through our entire creative programme,.
carried out through our productions and tours of two new shows - Pravaas and Plastic Drastic Fantastic - and
Learning and Partlcipations programme areas of Dance Well, Reach Out and Reveal, Feet First and the
development of new schools, young peoples, and community projects.
All of Akademi's portfolio of work is underpinned by our commitment to support and provlde employment
for independent South Asian dance artists, plus aLJdience development and advocacy for South Asian dance
forms on local, national and international scales.
Productions
Akademi's new touring produttions, Pravaas and Plastic Drastic Fantastic are both inspired by our
commitment to awareness building through performance and creativity in response to the global climate
emergency and sustainable 3Ction.
Pravaas
Building from development and research carried out in 2022/23 by Akademi's Art15tic Director Suba
Subramaniam within the Sundarbans area of India, Akademi produced and toured Pravaas (meaning
'migration'l - a new outdoor dance and vocal performance based on climate migration, funded though
Without Walls and supported by 101 Creation Space.
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Akademl south Aslan Dance UK
Trustees Annual Report
Pravaas is inspired by stories of the people of the Sundarbans - a cluster of low-lying islands in the Bay of
Bengal, spread across India and Bangladesh. Sundarbans is the world's largest contiguous mangrove forest
and is a designated world heritage site, The habitat supports approximately 4.37 million people. Due to
climate change the Sundarbans faces several challenges, With rising sea leve15, islands and homes are
disappearing and the increasing salinity in the water and soil has severely threatened the health of mangrove
forests and the quality of soil and crop5. Additionally, there have been serious disturbances to hydrological
parameters and change in fishing patterns, resulting in disastrous consequences for fishermen. Frequent
cyclones and erratic monsoon raining pattern are damaging the ecology and humanity.
Pravaas featuring a cast of three dancer5 and Carnatic vocalist, was choreographed by Vidya Patel with
Artistic Direction from Suba Subramaniam. Pravaas toured to Norwich and Norfolk Festival, Brighton Festival
and Inslde Out Dorset {as part of the Without Walls outdoor touring network) and also to Regents Roots
Festlval las part of Camden South Asian Heritage Month, London) and Stockton International Riverside
Festival, with audience numbers of approximately 2200 people. Pravaas was performed across three outdoor
sites per festival, involving cast and audience walking from site to site with the audience encouraged to help
carry bamboo Structure to represent the migration and movement of comrnunities due to the climate
emergency. Audience feedback was overwhelmingly positlve with a significant amount of people
commenting on the themes of the show:
'Enlightening, absorbing and relevant to today.
"Mesmerising, emotional and clever."
"The movement of people,. joyous, reflective, full of InteErity and powerful,. I got really emotional when she
asked me to hold the pole (set structure). That thought of being in a safe place, then it's not safe anymore,
really got to me." Audience members, Pravaas.
Set and costume design, and touring processes and loglstlcs were all subject to rigorous sustainable practice
and a green rider and sustainable working report was created as part of the project. Audio description was
offered as part of the touring package for audiences. The creation and touring of Pravaas project involved 18
freelance artists and creative5.
Akademi plans to tour Pravaas again with the U K in 2025 and is Investigating potential international links and
opportunitie5.
Plastlc Drastlc Fantastlc
Following a successful run at Polka Theatre, London, in Spring 2022, Akademi was Successful in securing an
additional Arts Council England Project Grant for a UK tour or Plastic, Drastic, Fantastlc - our dance show for
children and their famllles exploring pla5tiC5, climate issues and sustainabilitv.
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Akademi South Asian Dance UK
Trustees Annual Report
Produced in house by the Akademl team, Plastic Drastic Fantastic toured in autumn 2023 performing 22
shows across Harrow Arts Centre, Great Ormond Street Hospital London, Pegasus Theatre Oxford, The Place
London, Dance East Ipswich, Dance Woking and Warwick Arts Centre and to four primary schools throughout
the Leicester area in partnership with Spark Arts. Akademi promoted a 'slow tourinl model whereby the
company held mini residencies at m05t venues to provldlng a menu Df wrap around activitie5 such as schools
and family workshops, relaxed performances, workshops for Special Educational Needs pupils and Q&A
sessions with scientists as well as the production's cast and creatives. Total audlence figures were 1666 with
792 children / young people taking part in workshops and particlpatory events.
This touring model proved successful with venues and audiences alike. Through the slow touring 3pproach,
Akaderni was able to work deeper with venues, and their communities and audiences to bulld meanlngful
connettions through our work.
A particular success was the achievement of reaching schools audiences and SEND young people. Akademi's
investment and care into this provision (such a5 providing sensory cushions for audience members who may
be D/deaf or hard or hearing and a relaxed information pack) proved extremely successful in nurturing young
and diverse audiences. This has influenced our partner venues; as a result of the relaxed performance (which
drew more patrons than the non-relaxed performance) Harrow Art5 Centre is now nurturlng their
relationships with SEND audiences:
"3-4 yeors ago we would not have offtred G relaxed perfvrmance, a5 0 result of Plastic Drastic Fantostic thot
oudience 15 clearly growing. Matthew Wright, Harrow Arts Centre.
The produttion was also successful in making connettions to climate action initiatives for children and young
people, and the scientific community. This was realised in both Oxford and Warwick with emphasis on
forming additlonal partnerships allled to the venue5 at l F Oxford Science Festival via Pegasus Theatre and
Museum of Oxford and Planting Roots FestlV31 with University of Warwick.
We successfully continued to develop our sustainable working policy by reusing existing materials for the
new costumes, sourcing sustainable set materia15, minimising travel emissions and working with a green
rider. This is under continued development and is embedded into our entire production prattice.
"The children were wutching so Intently. You could have he(7rd a pin drop, they were oll so absorbed"
Teacher from schools performance at Dance East.
'The messoge really got across. Reolly brilliant, It makes me feel badfor every time I've drunkfrom a plt75tic
bottle. It wos beoutifvl." Audience member, Harrow.
Akademi has received enquiries for future touring of Plastic Drastic Fantastic for 2024125 from UCL London,
Southbank Centre London.
Learning & Participatlon ProEramme
Akademi's Learning & Participation programrne continues to go from strength to Strength, consolidatlng and
deepening the impact of our work within SEND schools, in hospita15 and care homes and with older adults.
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Akademi South Asian Dance UK
Trustees Annual Report
2023/24 saw developments with the scope of our monitoring, evaluation and research frameworks, plans for
new projects with mainstream schools, new commi55ions to work with diverse young peoples, groups and a
major pilot with young mental health patients. Akademi is being recogniied as pioneers of South Asian dance
wlthin health and education settings in the UK, and we are actively working to widen and build our profile in
this area and continue to develop the skills of South Asian dance 3rt15ts to deliver this important work.
Dance Well-
Akademi's participatory and performance programme which alms to Improve the health and wellbeing of
people in the UK through the medium of South Asian Dance.
Dance Well is delivered for people of all ages and abilities in a range of clinical and community settings
including hospitals, care homes and community centres. Dance Well aims to encourage participants take part
in more cultural and exercise activities, to help participants self~manage their chronic conditions through
incorporating exercise into their daily routine and to positlvely Impatt patients, and staff wellbeing, social
engagement and mental stimulation.
In 2023/24 across our two regular London hospitals IChe15ea and Westminster and West Middlesexl we have
fulfilled over 110 full day dance and movement sessions reaching nearly 1250 individual participants in wards
and a further 400 with atrium performances.
Our partnership with Breathe Arts and Health has continued at Guys and St Thomas, Hospital with 2
performance and workshop events for patlents and staff. We have continued to perform in London hospital
grounds and atrium spaces at St. Thomas's, including a special performance for their Diwali event and at St
Bartholomew's as part of their 900th year celebrations.
Across our four re£ular care homes and community centres (Holborn Community Centre, Wellesley Road
Care Home, Spring Grove Care Home and Third Age Project Camden) focusing on movement work with older
people we have delivered 144 workshop days with total engagement figures lincluding an increase in repeat
participants) of 1900 for approximately 300 individuals.
"I'm so happy thL7t you're continuing the clos5es. Last time I had a class with you, the next doy I was so fvll of
energy undfelt like I con move, I reallyfeel like these movements you have shown me have helped me a lot
Participant returning after initial outpatient session at Chelsea and Westminster Hospital.
Across 2023124 Akademi's Dance Well programme employed 11 freelance South Asian dance form artists
and included shadowing and training opportunities for artists to develop their skills and experience in
working within community settings and hospitals.
Dance Well is funded by The City Bridge Trust and the Linbury Trust. 2023/24 Is year 2 of a 3-year funding
cycle for the Linbury Trust and year 2 of a two-year extension from City Bridge Trust which brings the full
investment from City Bridge Trust to 5 years. 2024 will see strategies to establish new funding opportunities
for the continuation and development of Dance Well.
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Akademl South Aslan Dance UK
Trustees Annual Report
National Expanslon of Dance Well
In 2023, the Executive team secured a new grant from Create Equity / Mewe360 of £40K for capacity building
to begin expansion of Dance Well in hospita15 to regional areas. Research has been undertaken to Identify
target areas where Akademi can build new relatlonship5 Wlth NHS Foundation Trusts and build a supply chain
of new SoLJth Asian dance form artists to train and deliver into regional areas. In 2024 Akademi will recruit
appropriate consultancy to build this expansion and network Akademi further into the Arts and Health
ecology nationally and to secure new NHS contracts for Dance Well delivery.
Reach Out & Reveal IROaR)- Encompasslng SEND Research Project
Delivering South Asian dance workshops and Interventlons to pupils with Special Educational Needs /
Disabllltles (SEND).
Reach Out & Reveal aims to support the physical, emotlonal and communication needs of children and young
people with Autistic Spectrum Disorders and SEN D. Specialist Akademi practitioners provide weekly dance
and movement Sessions across partner schools, working closely with school and teachlng staff.
The unique movement vocabulary of South Asian dance provldes participants with platforms for
self-expression, creativity and enlivened social interactions, while fostering their core emotional
development. The programme champions and evaluates new approaches, cultivating knowledge transfer
opportunities between teaching professionals and dance practitioners.
SEND Schools, and youth setting partners: Papillon House School, Tadworth, Surreyi Manor School, Brent and
The Avenue School, Brent.
Across 2023/24, Reach Out & Reve31 delivered 125 days of workshops- reaching up to 120 pupils per day
across the three schools with 2 specialist SEND experienced South Asian dance artists delivering workshops.
Of these days, 27 featured shadowing by 3 ROaR artists-in-training to expand the capaclty of the programme
and develop new skilled artists within these settings for future work with SEND children. Two of these
artists-ln-training have progressed and develop significantly in expertise and confldence to now co-lead
sessions at Avenue School lin collaboration with the lead artist). This has been a huge positive outcome,
highlighting continuous growth and learning among the trainee artists. The third artist-in-training continues
to support and learn from lead artists at the other two schools. Akademi intends to continue to develop the
training programme with our trainees over the next phase of the project in 2024125.
The impact of ROaR on the SEND schools and their pupils ha5 been signlflcant in 2023124. Evaluation has
identified case studies evidencing real impact across the three key aims of the programme al young people
will have increased creativity and 5elf-initiation of expressive movement, bl young people will have increased
and enlivened social interactions, and cl young people will have Stronger core emotional development.
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Akademl South Aslan Dance UK
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D reached o mrlestone today with the leg movements os they normally requlres GSSlStance dolng the
movements, however, today they lifted their legs inclependently und completed the whole leg sequence. This
shows thot they understond instructions given to them. They were also able to do one of the orm extension
variatrons Wlthout assistance which again shows o lot of improvement in their listening and movement skills.
The aim of the clas5 today wo5 to get the students to engagefor o longer period and to focus on extension
and strength. N hos improved throughout the weeks where they ore getting stronger with pushing and pulllng
but olso roising their orms when we do the bht7ngra urms. K Is Improvrng with their engagement t7nd H Is also
porticiputing without getting agitoted. Z and A are keen to do the movements when you are looking ot them
directly und need a bit more encouragement but once they do the movements it Is cleor and shows
unclerstanding of whot is asked of them. Though Bollywood they Gre (Tble to strengthen their explosive ond
dynamic moves,
Funded by the Paul Hamlyn FoLJndation, 2023124 is the second of three years of the ROaR research projett
whereby Akademi has commissioned two academic researchers, Claire Farmer and Ashley McGill
from Roehampton and Mlddlesex Universities, to develop a peer reviewed research paper on the impact of
the programme for SEND young people and their schools. Following pilot data collection in 2022-23, our
researchers were able to develop renewed ideas, methods and frameworks that would work effectively with
this group of learners. We now have a successful, in progress evaluative framework from which to gather the
appropriate data from the artists, and teachers, observations.
Over the next year of the programme we aim to expand the activity into a fourth school as planned, to
provide the benefits of the programme to more pupils. We will continue to develop our trainee artists
expertise through supporting them as facilitators and providing further formal CPD opportunities. We aim to
work with partner schools to embed South Asian dance techniques 2nd exercises further into the school
curriculum, ideally hosting l NSET days and f inding opportunities to work wlth teachers dlrectly. Flnally, we
hope to be able to present our full research report at conferences and within educational hubs to
dlssemlnate the learning from this hugely important project when it is complete in 2025.
Feet Flrst-
A platform for South Asian dance artists to train to work wlth young people wlth mental health Issues.
Funded by The Baring Foundation, Feet First W85 a new pilot project to provide a platform for South Asian
dance artists to train to work with young people wlth mental health issues. Akademi employed two South
Aslan dance artists to undertake training and deliver workshops for young in-patients at Snowsfields
Adolescent Unit, Maudsley Hospital, London. 10 workshops were delivered for the young participants,
supported by the unit's Occupational Therapist5, Wlth up to 5 participants engaging in each session. Further
artlst support, tralnlng and mentorship was provided by Feet First clinical consultant, psychiatrist Dr Partha
Banerjea.Feet First has developed Akademi's dance artlSt5' practice in this specialist area of Child and
Adolescent Mental Health interventioni providing us Wlth a small, skllled workforce to develop this specialist
work in the future.
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East London Glrls Dance.
As part of a dance project to tackle inactivity amongst London's teenaEe girls, Akademi delivered free South
Asian dance session5 for groups of up to 10 11-14 year-old girls at Spotlight in Tower Hamlets, London.
Funded by Sweaty Betty Foundation & London Sport, the workshops helped to improve acce55 to dance and
address the key barriers to aotivity. The project transformed local community spaces into actlvity hubs
providlng difference dance types- including Af ro Beats, Hip-Hop, Modern, and Bhangra-inspired genres - to
support young women improve their relationship with physical activity and build an active habit for life.
Commissioned Performances & Community Events
Akademi has been commissioned to curate and present a variety of performances and workshop5 at key
community venues and public facing events. These events provide many different platforms from which to
take South Asian dance to the wider public 2nd local communities, often wlth participatory workshops
whereby communities can get involved and learn South Asian dance movements. These events also provide
much needed performance and freelance employment opportunities for our South Asian dance artists.
Commissioned performances and community events also diversity Akademi's Income stream and raise our
public profile.
In 2023124 Akademi curated and/or provided performers for the following:
- Commons Dance FeSt￿val - Stanley Arts, Croydon, London- 200 partlcipants.
- Tiffinwalli's Celebrating South Asian Home Food Culture event, Stratford Town Hall, London- 120
participants,
Devonshire square, London, Coronatlon Celebration - 200 aLJdience
Music, Memory and Meaning at UCL Bloomsbury Theatre. London. A collaboration with a Research Fellow
at the Alzheimerfs Society, investigating the impact of music and dance on people with dementia - 150
audience.
Regent'5 Roots Festival- Old Diorama Arts Centre & Camden Council, London. Akademi's Dance Well group
from Holborn Community Association worked with Akademi's artist Jesal co-create and perform two dance
pieces and deliver a drop-in comrnunity workshop. Audience 150.
- Soho House, Birmingham Museums - a day of inclusive drop-in workshops for museum audlences to
celebrate South Asian Herltage Month in Birmlngham.
V&A Family Festival, London. A series of Bharatanatyam performances and workshops for family audiences
as part of the museum's summer festival- 150 participants.
Wandsworth and Richmond Councils, London. South Asian Heritage Month staff celebration - 24
participants
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Akademl South Aslan Dance UK
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Devonshire Square Diwali Celebrations, London. Curating up to 5 different South Asian dance artists1
groups. Audlence 150- 200 people.
Diwali celebrations at National Maritime Museum - audience approx. 800 people.
Claremont Project, Islingtort, London. Dance performance5 and workshops for 01der adults, 43 participants.
Dialled in Festival, Walthamstow London. Performances and workshops- 20 participant5.
South Asian Carers- Wandsworth London. Performances and workshop- 25 participants.
Research & Higher Education Development
In 2023124 Akademi has continued to develop our Research and Higher Education connettions as one of our
main focus areas. As well as our formal research project for Reach Out & Reveallsee abovel we have
collaborated with the Centre for Dance Research at Coventry University to apply for a PhD for an artist to
explore how climate change and sustainability permeates through the whole of Akademi's work. If
successful, the PhD will start in 2025.
Akademi was also approached by Dr Kathryn Stamp, Assistant Professor (Research), Centre for Dance
Research at Coventry University for a Dance Well Ihospita151 case study to include in her new book on dance
in health.
Our tour of Plastic Drastic Fantastic connected with the science department of Warwick University for
post-show Q&A sessions and we have interest from University College London to present the show Wlthin
their space in 2024.
International Connections
Akademi partnered with Beyond Bollywood, a Hong Kong based South Asian dance company, in a residency
exchange and research programme. Akademi's Artistic Director mentored and co-choregraphed a work that
brought together five Beyond Bollywood dancers from the UK and Hong Kong.
The dancers were trained in traditional Chinese dance, Bharatanatyam, and conternporary dance.This new
work was then performed as part of the Fold Festival in Worcestershire and the 9th Bollywood and
M ulti-cultural Dance Festival, Athens. Greece. Akademi also provided Beyond Bollywood's Director Benis
Cheng with mentoring advice on organisational sustalnability, strategic development and capaclty bullding
from both the Executive Director and Marketing Manager.
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Akademi South Asian Dance UK
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Akademi's Artistic Director, Suba Subramaniam was invited by Bill Gee and Kate Wood from Inside Out
Dorset Festival to attend Oerol Festlval. Terschelling Island, Netherlands.Alongside the festival, there was a
professional programme for artists and prograrnmers on White Supremacy and Decolonising Climate Justice.
The festival presented 3 good opportunity for international artistic connection and future Pravaas touring.
Akademl is In talks with the University of Southern Mississippi, USA around the posslbillty of staging a version
of Plastic Drastic Fantastic with local student cast members from the University. This is in response to their
own work to build awareness of the climate emergency within their Mississippi communitie5.
Artist Support & Mentoring / Sector Development
As part of Akademi's commitment to supportlng Independent South Asian dance artists we continued our
rolling mentoring programme. Delivered by Akademi'5 Artistic Director, with 5UPPOrt from the wider team,
mentorlng comprises artist surgeries to discuss creative processes, funding support (funding application
advice, in kind marketing Support and f inancial contribution), on demand creative advisory sessions, and
guidance for artists, making processes. Artists supported by Akademi's staff team this year included: Archana
Ballal, Shyam Dattani, Suhani Dhanki, Aishani Gh05h, Mithun Gill, Dlvya Kasturi, Mathangi Keshavan, Hiten
Mistry, Divya Ravi and Tulani-Kayani Skeef.
Throughout 2023124, Akademi partnered with Sadler's Wells on a South Asian dance development
programme, Ei8ht UK based South Asian dance artlsts were chosen from an open call to be part of XXX
weekend intensives featuring guest speaker5, internationally renowned practitioners and facilitated
workshops. Facilitators and speakers included, Orrow Bell, Rosemary Lee, Tim Casson and Crystal Pike. The
development programme has provided space for in-depth discussions around process and making arts for
different spaces.
Akademi is supportlng a new international South Asian dance sector series of symposia 'South Asian Dance
Equity ISADEI: The Arts British South Asian Dance Ignores" curated by Dr. Royona Mitra (Brunel University),
Dr. Prarthana Purkay3Stha (Royal Holloway Unlversityi UK) and Dr. Anusha Kedhar Iuniversity of California,
Riverside, USA). Akademi hosted the online project launch with the theme of South Asian Dance and
Decentring Indla which was attended by 58 participants.
Page 14

Akademi South Asian Dance UK
Trustees Annual Report
Dlgltal, Marketlng, Audience Development
Annual dlgltal summary
Facebook
Instagram
Twltter
YouTube
Website
Total Reach.. 50,700
166% of the target
reached
Reach.. 32,630
1040h of the target
reached
Total Impressions:
17,987
43% of the target
reached
Impressions..
2,611,374
704% of the target
reached
Unlque
views..
23,760
Engagement.. 2105
76% of the target
reached
Interactions: 2748
1460h of the target
reached
Engagement: 572
53% of the target
reached
Views: 257,896
705% of the target
reached
Vlews:
115,355
Total Followers:
Followers: 2750
93% of the target
reached
Total Followers:
3394
83% of the target
reached
5055
Subscribers: 3450
136% of the target
reached
Total
visitors..
21,860
84% of the target
reached
Annual reach and engagement summary {across all digltal platforms}
Reach
Engagement
Target
2,660,386.4
193,234.6
Attuals achieved
4,468,434
419,493
0/0 achieved
agalnst target
2170/0
Includes the data from table above along with platforms Ilke Campaign Monitor, Linkedln. Also Includes figures for the
Apotheosis film on British Museum's YouTube.
Key polnts and addltlonal data
Akademi underwent a rigorous process of comms development resulting in the launch of a new website in
summer 2023. The engagement wa5 high at 115,355, The average session duration on the new website has
increased by 127OA to I min 52 sec which is a signif icant achievement of its new content and design.
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Akademi South Aslan Dance UK
Trustees Annual Report
Website traffic channel - Primary channel had 9310 sessions resultlng from organic search i.e. when people
have searched for Akademi or South Asian Dance, etc., 5059 from direct URL which means people have
specifically decided to visit the website, 433 through referral websites that have our website address
mentioned, 167 from finding the website on organlc social media posts. New users from channel: 6765
sessions from organic search, 3612 from direct, 1435 frorn referral. These flgures suggest that our SEO
settings are working well, and we have some genuine traffic arrivlng at the slte.
We have not considered the website data comparison to last year as data from the old webslte was skewed
due to higher bots vlsit. We transitioned to Google Analytics 4 at the start of its launch, which means we will
have a more accurate year-to-year comparison for the reporting year 2024-25,
We have surpassed our annual digital reach targets IIOOA increase on 2022-231 by 168%. The engagement
figures showed an LAnusual spike at 217% due to the high engagement on our YouTube channel as well as the
new website. Engagement has been low on Facebook and Twitter whereas YouTube and Instagram have
exceeded by many folds in both reach and engagement.
Traffic and demographics of YouTube users -
Traff ic source: 66.4% from suggested videos that appear at the end of other related videos, 23.3% from
Browse feature of YouTube.
Geography.. 45.3% from India, 19.9Y. from Pakistan, 10.2% from the UK. We aim to increase the reach in the
UK in the coming reporting year.
Viewers age: 29.5% of the viewers are 65+ years, 21.2% 55-64 years, 14.5% 45-55 year5, 13.5% 25-34 years.
To target a younger audience who consumes short form content, we'd concentrate on creating YouTube
Shorts.
Gender: 68.6% Male and 31.4% Female
Subscription: 99.2% of views were from unsubscribed users, therefore our content is reaching far and wide
beyond our subscribers.
Akademi's Apotheosls fllm on British Museum YouTube has increased its reach across the year to 1.6
million vlews, 22,000 likes, 3676 comments hence the high youtube results in the above table.
Environmental Responsibility
Akademi recognises the imperative for arts organisations to do their part to develop environmentally
sustainable operation5, acknowledging the UK government's updated aims to reduce all greenhouse Eas
emissions to net zero by 2050, compared with the previou5 target of at least 80% reduttion from 1990 levels
(source: www.gov.ukl.
Page 16

Akademi South Asian Dance UK
Trustees Annual Report
We also recognise that environmental sustainability is important from a business perspective as well as an
ethical one and we are committed to minimising the impact of Akaéemi's programme and business practices
on the environment. Our environmental responslblllty Is emphasized throuEh our creative production
themes which are aimed at raising awareness on Issues such 35 the impact of harmful materials on the
environment and climate change and its consequence5 for climate migration. INe are committed to uslng
sustainable production practices such as the re-use of props and costumes and take active steps to ensure
that these practices are written into contracts wlth artists and partner settings.
In 2023/24 we continued to develop our aims around our envlronmental responsibllity as follows-
To contlnue to embed the themes of envlronmental responsibility in the creative output of our production
work Icurrently Pravaas and Plastic Drastic Fantastic) to raise awareness, educate and Instlll a sense of
practical positive action in audiences to tackle the environmental crisis.
To ensure our production processes are sustainable, developlng green riders and best practice policies in
sustainability for outdoor work and touring methodologies.
To follow our environment impatt policy to reduce carbon footprint In all areas of our off ice environment
and administration - encouraging our building manager to review and improve building sustainability.
To build environmental impact statements and considerations in contracts and discussions with our wider
f reelance workforce - for example making provlsion, f unds and time for publlc transport rather than car
travel.
To encourage sustainable activlties within our staff and associated artists and to actively support endeavors
such as lending costume and equipment for reuse.
One of Akademi's aims with our tour of Plastic Drastic Fantastic was to connect to climate action initiatives
and the scientific and education community. This was realised in both Oxford and Warwick with emphasis on
forming additional partnerships allied to the venues, through the IF Oxford Science Festival via Pegasus
Theatre and Museum of Oxford and Planting Roots Festival with University of Warwick.
Finally Akademi was awarded the prize of the 'Green Award, for Pravaas at the One Dance UK annual awards.
Page 17

Akademl South Aslan Dance UK
Trustees Annual Report
Future Development and Funding
Arts Council England National Portfolio Organisation funding continues with an excellent relationship with
our Arts Council England Relationshlp Manager. 2023/24 15 year one of four years as ACE has added an
additional year to the 3-year tunding cycle. Akademi's risk rating continues to be classed as 'low'.
A second phase of our work to take South A5i3n dance to schools in Brent was successful with the creation
of 'Maitri-Too', funded by the John Lyon's Foundation for two years £51,200.
Akademi secured over £22K in hospital trust and commissions income for Dance Well service5.
City Bridge Trust funding draws to a close in Aprll 2024. Llnbury Trust funding enters year 3 of 3 in 2024/25
and Paul Hamlyn Foundation funding completes in September 2025. Akademi's CEOS have establlshed routes
for new funding opportunities and a plan to apply for continuance funding for existing projects and new
production opportunities.
Financial Review
Full detalls of the income and expenditure are set out in the financial statements. All funds have been applied
in direct furtherance of Akademi's aims.
At 31st March 2024, The unrestricted reserves are £463.Ok. £257.9k of these are designated funds leaving
free reserves of £205.1k.
The charity does not hold any of its reserves in investments. Surplus cash is held In a 90-day notice savings
account and 5hort-term bank deposit account5.
Akademi continues to exert tight control on expendlture and identified a number of areas of saving during
the year, making signif icant use of charity discounts.
Reserves policy
Akademi needs reserves in order to meet liabilities in the event of being unable to secure funding, factors
beyond Akademi's control such as the decision of a funder to cease funding, failure of a partner organisation
or other debtor.
Free reserves are defined as income that becomes available to Akademi and is to be spent at the trustees,
discretion in furtherance of Akademi's objective5 but which is not yet spent, committed or deslgnated.
Page 18

Akademi South Asian Dance UK
Trustees Annual Report
The reserves policy is reviewed annually by the trustees, with the most recent review in June 2024. The
review 15 managed by Akademi's Executive Director and takes into account project cash flow forecasts and
risk assessment. As a result of the latest review the Trustees authorised f und transfers tota Iling £lOO,000
from general reserves to designated reserves for f inancial year 2024125 as follows: Artistic Development
£30,000, Strategic Development £15,000 and Community and Education £55,000. The Executive Director
presented the rationale for the transfers based on planned projects across the above categories which was
approved by the Board of Tr￿tee$.
Akademl reviews its reserves policy annually taking into account current operating costs and risks assoclated
with income required to deliver our busines5 plan objectives, Trustees have assessed that a reserves target
equivalent to 6-9 months, core operating costs (approximately £25,000 per monthl Is prudent In the current
financial climate, and this is backed by a review of income risks for 2023-24, The reserves target is therefore
£150K- £225K.
Statement of trustees, responsibllltles
The trustees (who are also the directors of Akademi for the purposes of company lawl are responsible for
preparing the Trustees, Report and the financial statements in accordance with applicable law and United
Kingdom Accounting standards (United Klngdom Generally Accepted Accounting Practice),
Company law requires the trustees to prepare financial statements for each financial year, Under company
law the trustees must not approve the financial statement5 unless they are satisfied that they give a true and
fair view of the state of affairs of the charitable campany and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing
these f inancial Statements, the trustees are required to:
select Suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charitles SORP,.
make judgements and accounting estimates that are reasonable and prudent,.
state whether applicable UK accounting standards have been followed, subject to any material departures
disclosed and explained in the f inancial statements; and
prepare the financial statements on the going concern ba515 unless it is inappropriate to presume that the
charity will continLJe in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companles Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reason3ble steps for the prevention and detection of f raud and other irre£ularlties.
Page 19

Akademi South Aslan Dance UK
Trustees Annual Report
Small company provisions
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companies regime set out in Part 15 of the Companies Act 2006 and in accordance with the
Charltles SORP (FRS 1021.
Signed on behalf of the board
Anu Kapoor
Vlce Chair of Board of Trustee5
tember 2024
Page 20

Akademi South Asian Dance UK
Independent Examiners Report
Independent Examiner's Report to the trustees of Akademi South Aslan Dance UK
I report to the charity trustees on my examination of the financlal statement5 of Akademi South Asian Dance
UK for the year ended 31 March 2024.
Responsibillties and basis of report
As the charity's trustee5 of the company land also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act.
Having satisfled myself that the financial statements of the Charity are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
vour charity's financial statements as carrled out under section 145 of the Charities Act 20111'the 2011 Act'}.
In carrying out my examination I have followed the Directions given by the Charity Commlssion under section
14515) Ibl of the 2011 Act.
Independent examlner's statement
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I conf irm that l am qualifled to undertake the examination because l am a
member of ACA / ICAEW, which is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe:
accountlng records were not kept in accordance with Section 386 of the 2006 Att . or
the financial statements do not accord with those records; or
the financial statement5 do not comply with the accounting requirement5 under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not a
matter considered as part of an independent examination; or
the financial statement5 have not been prepared in accordance with the methods and principles of the
Statement of Recommended Prattlce for accounting and reportlng by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn In this report in order to enable a proper understanding of the financial
statements to be reached.
Luna Muncaster ACA / ICAEW
Luna Muncaster Ltd
40 Vera Avenue
Grange Park
London
N21 IRG
10 September 2024
Page 21

Akademi South Asian Dance UK
Statement of Financial Activities
for the year ended 31 March 2024
Unrestricted
funds
2024
Restricted
funds Total funds Total funds
2024
2024
2023
Notes
Income and endowments
from:
Grants and charitable
actlvltles
Investments
Other
235,882
4,054
11,843
351,470
587,352
4,054
11,843
509,245
698
488
Total
251,779
351,470
603,249
510,431
Expenditure on:
Charitable activities
Other
22,271
128,312
206,638
193,895
228,909
322,207
249,982
220,782
Total
150,583
400,533
551,116
470,764
Net gains on investments
Net Income
101,196
149,0631
52,133
39,667
Transfers between fund5
Net income before other
gains/{lossesl
101,196
149,0631
52,133
39,667
Other galns and losses
Net movement in funds
101,196
149,0631
52,133
39,667
Reconcillation of funds:
Total funds brought forward
361,820
80,667
442,487
402,820
Total funds carried forward
463,016
31,604
494,620
442,487
Page 22

Akademi South Asian Dance UK
Summary Income and Expenditure Account
for the year ended 31 March 2024
2024
2023
Income
599,195
509,733
Interest and investment income
4,054
698
Gross Income for the year
Expenditure
603,249
510,431
551,116
470,764
Totsl expenditure for the year
551,116
470,764
Net income before tax for the year
52,133
39,667
Net income for the year
52,133
39,667
Page 23

Akademl South Aslan Dance UK
Balance Sheet
at 31 March 2024
Company No.
05294528
Notes
2024
2023
Fixed assets
Tangible assets
Current assets
li
Debtors
12
22,716
517,447
540,163
145,5431
494,620
37.645
437,933
475,578
133,0911
Cash at bank and In hand
Credltors: Amount falllng due within one year
Net current assets
13
442,487
Total assets less current liabilltles
494,620
442,487
Net assets excludlng pension asset or liability
Totsl net assets
494,620
442,487
494,620
442,487
The funds of the charlty
Restrlcted funds
Restricted income funds
14
31,604
31,604
80,667
80,667
Unrestricted funds
General funds
Deslgnated funds
14
205,109
257,907
193,946
167,874
463,016
361,820
Reserves
14
Total funds
494,620
442,487
These accounts have been prepared in accordance with the special provision5 of Part 15 of the Companies
Act 2006 relating to small companies.
For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with settion 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the reqLJirements of the Companles Act
2006 with respect to accounting record5 and the preparation of accounts.
Approved by the board on 10 September 2024
And signed on its behalf
Anu Kapoor
Vice Chair of Board of Trustees
18september 2024
Prakash Kurup
Treasurer
Page 24

Akademi South Asian Dance UK
Statement of Cash flow5
for the year ended 31 March 2024
2024
2023
Cash flows from operating activities
Net income per Statement of Financlal Actlvltles
52,133
39,667
Adjustments for:
Dividends, interest and rents from inve5tmentS
Decrease in trade and other receivables
Increase/(Decreasel In trade and other payables
115.8971
14,929
12,452
{1,1861
3,020
196,0511
Net cash provlded by/{used In) operatlng activities
63,617
154,5501
Cash flows from investing activities
Dividends, interest and rents from Investments
15,897
1,186
Net cash from Investing a¢tivltles
15,897
1,186
Net cash from financlng actlvltles
Net Increase/{decrease) In cash and cash equlvalents
79,514
153,3641
Cash and cash equlvalents at the beglnnlng of the year
437,933
491,297
Cash and cash equlvalents at the end of the year
517,447
437,933
Components of cash and cash equlvalents
Cash and bank balances
517,447
437,933
517,447
437,933
Page 25

Akademi South Aslan Dance UK
Notes to the Accounts
forthe year ended 31 Mar¢h 2024
l Accountlng policle5
Basls of preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective I
January 20151 ICharitie>SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Cornpanies Act 2006.
Change In basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Fund accountlng
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluatlon funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Flnancial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary Income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charlty has unconditional
entitlement to the income.
Tax reclaims on
Income from tax reclaims 15 included In the SOFA at the Same time as the
donations and gifts gift/donation to which it relates.
Donated services
These are only Included in income (with an equivalent amount in expendlturel
and facilitie5
where the benef it to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income Thls is included in the accounts when receivable.
Gains/llosses) on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/llossesl on
investment assets
This includes any gain or loss on the sale of investment5.
Page 26

Akademl South Aslan Dance UK
Notes to the Accounts
Expenditure
Recognition of
expendlture
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investrnent management Costs.
Expenditure on
These comprlse the costs Incurred by the Charity in the delivery of its activities and
charitable activities serwices in the furtherance of its objects, including the making of grants and
governance cost5.
All grant expenditure is 2ccounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs associated with meeting the con5titution31 and Statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with 3 Share of
other administration costs.
Other expenditure These are support costs not allocated to a partlcular activltv.
Grants P8yable
Governance costs
Taxatlon
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful Ilfe:
All assets costing more than £750 are capitalised at their cost to the charity.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade dlscounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three month5 or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities,
In the Statement of Cash Flow5, cash and cash equivalents are shown net of bank overdrafts that ar-
repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estlmated rellably. Creditors and provisions are normally recognised at their settlement amoLJnt after
allowing for any trade discounts due.
Page 27

Akademi South Asian Dance UK
Note5 to the Accounts
Penslon costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the company pay5 fixed contrlbutions into a separate entity. Once the
contributlons have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are Shown in accruals in the balance sheet,
The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facllltles and servlces
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Ststement of Flnanclal Activltles- prlor year
Unrestricted
funds
Restrlcted
funds Totsl funds
2023
2023
2023
Income and endowments from:
Grants and charitable activities
Investments
Other
228,006
698
281,239
509,245
698
488
488
Total
229,192
281,239
510,431
Expendlture on:
Charitable attivlties
33,460
188,629
214,222
34,453
247,682
223,082
Other
Total
222,089
248,675
470,764
Net income
7,103
32,564
39,667
Transfers between funds
16,0171
6,017
Net income before other
gains/(Ios5es)
Other gains and losses:
1,086
38,581
39,667
Net movement In funds
1,086
38,581
39,667
Reconciliation of funds..
Total funds brought forward
Totsl funds carried forward
360,734
42,086
402,820
361,820
80,667
442,487
Page 28

Akademi South Asian Dance UK
Notes to the Attounts
4 Income from grants and charltable actlvltles
Unrestricted
Restricted
Total
Total
2024
2023
Arts Councll
219,467
219,467
218,961
Community and Curatorial
15,415
16,415
9,045
Dance Well: LinbLJry Trust I
City Bridge Trust l N HS
Trusts
98,765
98,765
98,146
ROAR., Paul Hamlyn
Foundation / BBC Chlldren In
Need
106,195
106,195
92,650
1,380
Feet First: Baring Foundation
Pravaas.. Without Walls
47,183
47,183
46,841
Maitri.. John Lyon'5 Charity
25,600
25,600
19,700
Plastic Drastic Fantastic
73,727
73,727
6,672
Commerclal
9,770
Green Spaces Dark Skies
6,080
235,882
351,470
587,352
509,245
In 2023, of the total income from grants and charitable activities, £228,006 was from unrestricted funds
and £281,239 was from restricted funds,
5 Incorne from investments
Unrestricted
Total
Total
2024
2023
Bank interest
4,054
4,054
4,054
698
4,054
698
6 Other income
Unrestrlcted
Total
Total
2024
2023
Other donations
488
Theatre Tax Relief
11,843
11,843
11,843
11,843
488
Page 29

Akademi South Asian Dance UK
Notes to the Account5
7 Expendlture on charltable acttvities
Unrestrlcted
Restricted
Total
Total
2024
2023
Expenditure on choritable
artlvltles
Charitable activities
18,960
206,538
225,498
247,265
Governunce costs
Trustees, meeting costs
Independent Examiner's
fees
1,361
1,361
417
1,950
loo
2,050
2,300
22,271
206,638
228,909
249,982
8 Other expendlture
Unrestricted
Restricted
Total
Total
2024
2023
Advertlsing and corporate
fundraising
1,360
4,701
6,061
8,180
Employee costs
Motor and travel costs
95,798
3,944
9,095
17,290
825
146,353
22,861
19,230
242,151
26,805
28,325
17,290
1,575
322,207
176,213
3,395
14,855
16,564
1,575
220,782
Premises costs
General administrative costs
Legal and professional costs
750
128,312
193,895
9 Trustee remuneration and expenses
2024
Number
2023
Number
The nature of the reimbursed expenses
The charlty trustees were not paid or did not receive any
other benefits from the charity in the year. neither were
they reimbursed expenses during the year.
Page 30

Akademi South Asian Dance UK
Notes to the Accounts
10 Staff costs
2024
023
Salaries and wages
Social security costs
Pension costs
Staff welfare
155,153
62,055
23,819
1,124
242,151
94,734
64,326
17,153
176,213
The Jolnt CEOS recelved emoluments below £60,000 during the year. IDuring 2023 this was below
£60,000). In 2024, staff costs include costs fully assigned to restricted roles. However, in 2023 'restricted
staff costs included only those of the Learning and Participation Manager (part of the Dancewell
restricted fund), with all other restricted staff costs included in the cost of charitable attivlties. If such
costs had been included in staff costs for 2023, total staff costs would have been £222.4k.
The average monthly number of full time equivalent employees during the year was as follows:
2024
2023
Number
Number
Dlrect charltable activities
Fundraising
Management and
administration
11 Tangible fixed assets
Cost or revaluation
At l April 2023
At 31 March 2024
Depreclation and
Impalrment
At l April 2023
At 31 March 2024
75,802
75,802
75,802
75,802
75,802
75,802
75,802
75,802
Net book values
At 31 March 2024
At 31 March 2023
12 Debtors
2024
2023
Trade debtors
Other debtors
Prepayment5 and accrued income
2,850
11,843
8,023
22,716
io,oio
27,635
37,645
Page 31

Akademi South Aslan Dance UK
Notes to the Accounts
13 Credltors:
amounts falling due within one year
2024
2023
Other creditors
Accruals
8,380
17,163
20,000
45,543
794
32,297
Deferred income
33,091
Page 32

Akademl South Aslan Dance UK
Notes to the Account5
14 Movement in fund5
Incoming
resources
At31
March
2024
(including
At l Aprll
other
2023 galnsllossesl
Resources
expended
Gross
transfers
Restrlcted funds:
Restricted Income funds:
Dance Well.. Linbury Trust /
City Bridge Trust l NHS
Trusts
8,187
98,765
1106,9521
Pravaas: Without Walls
16,970
47,183
164,1531
Feet First.. Baring Foundation
ROAR: Paul Hamlyn
Foundation / BBC Children In
Need
31.040
(31,0401
22,106
106,195
1128,3011
Maitri: John Lyon's Charity
2,364
25,600
19181
27,046
Plastic Drastic Fantastic
73,727
169,1691
4,558
Total
80,667
351,470
1400,5331
31,604
Unrestrlcted funds:
General funds
193,946
251,779
1140,6161
iioo,0001
205,109
Designated funds:
Strateglc Development
Dance Production
Artist and Artform
Development
Communlty and Education
fotol
24,109
96,198
{8,2171
15,000
30,892
96,198
24,320
23,247
{1,7501
30,000
55,000
52,570
78,247
167,874
{9,9671
loo,000
257,907
Totsl funds
442,487
603,249
1551.1161
494,620
Purposes and restrictions in relation to the funds:
Restricted funds:
Dance Well.. Linbury Trust / Funding for community dance & health programme
City Bridge Trust / NHS
Trusts
Page 33

Akademi South Asian Dance UK
Notes to the Accounts
Pravaas.. Without Walls
A projett to animate Areas of Outstanding Beauty by community groups
with outdoor lighting and dance. Presented by Walk The Plank as part of
Unboxed Festival.
Feet First.. Baring Foundation Barings Foundation funding for young people's mental health projee(.
ROAR: Paul Hamlyn
Foundation / BBC Children In
Need
Funding for Reach Out and Reveal ISEND project).
Maitri: John Lyon'5 Charity A series of Bollywood workshops across secondary and feeder primary
schools to aid transition and engagement in dance, delivered in Brent,
London.
A production for children on the use and misuse of Plastics.
Plastic Drastlc Fantastic
Deslgnated funds:
Strateglc Development
For organisational support during the diff icult economic climate,
Dance Production
For future dance productlons
Artist and Artform
Development
For work associated with Artist and South Asian dance development
Community and Education
FDr community and education support or development
15 Analysis of net assets between funds
Unrestricted
funds
Restrlrted
funds
Total
Net current assets
463,016
463,016
31,604
31,604
494,620
494,620
16 Reconciliation of net debt
At31
At l April
2023
March
2024
Cash flows
Cash and cash equivalents
437,933
437,933
79,514
79,514
517,447
517,447
Net debt
437,933
79,514
517,447
Page 34

Akademi South Asian Dance UK
Notes to the Accounts
17 Comrnltments
Operoting leose commltments
Annual commitments under non-cancellable operating leases are 35 follows:
2024
2024
2023
2023
Land and
buildings
Other
Land and
bulldlngs
Other
Operating leases with expiry date:
Over f ive years
23,824
23,824
22,560
22,560
Pension commitments
2024
2023
The pension cost charEe to the companv
amounted to:
23,819
17,153
Unpaid contributions due to the f und are
included in other creditors and amounted to..
7,585
18 Related party dlsclosures
Contmlllng party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 35

Akademi South Asian Dance UK
Detailed Statement of Flnan¢lal Actlvltles
for the year ended 31 March 2024
Unrestricted
funds
2024
Restrlcted
funds
2024
Total funds Total funds
2024
2023
Inwme and endowments from:
Grants and charitable 3Ctivitiés
Arts Council
Community and Curatorial
Dance Well: Linbury Trust/City
Bridge Trust / NHS Trusts
ROAR.. Paul Hamlyn Foundation I
BBC Children In Need
219,467
16,415
219,467
16,415
218,961
9,045
98,765
98,765
98,146
106,195
106,195
92,650
Feet First.. Baring Foundation
Pravaas: Without Walls
Maitri: John Lyon'5 Charity
Plastic Drastic Fantastic
Commercial
1,380
46,841
19,700
6,672
9,770
6,080
509,245
47,183
25,600
73,727
47,183
25,600
73,727
Green Spaces Dark Skies
235,882
351,470
587,352
Investments
Bank interest
4,054
4,054
4,054
4,054
698
698
Other
Other donations
Theatre Tax Relief
488
11,843
11,843
11,843
11,843
488
Total Income and endowments
251,779
351,470
603,249
510,431
Expenditure on:
Charitable activities
Charitable activities
18,960
18,960
206,538
206,538
225,498
225,498
247,265
247,265
Governance costs
Trustees, meeting costs
Independent Examiner's fees
1,361
1,950
3,311
1,361
2,050
3,411
417
loo
2,300
2,717
loo
Total of expenditure on
charitable activities
22,271
206,638
228,909
249,982
other expenditure
Advert15ing and corporate
fundraising
1,360
4,701
6,061
8.180
1,360
4,701
6,061
8,180
Employee costs
Salaries/wage5
30,698
124,455
155,153
94,734
Page 36

Akademl South Aslan Dance UK
Detailed Statement of Flnanclal Activities
Employer's NIC
Pension costs
Staff welfare
43,269
20,707
1.124
95,798
18,786
3,112
62,055
23,819
1,124
242,151
64,326
17,153
146,353
176,213
Motor and travel costs
Travel and subsistence
3,944
3,944
22,861
22,861
26,805
26,805
3,395
3,395
Premise5 Costs
Rent
6,707
1,474
914
17,118
600
23,825
2,074
2,426
28,325
10,747
1,971
2,137
14,855
Rates
Premises insurances
1,512
19,230
9,095
General administrative costs,
including depreciation and
amortisation
Bank charges
Software, IT support and
related costs
Stationery and printing
SLJb5criptions
Sundry expenses
Telephone, fax and broadband
641
641
5,292
5,292
4,499
692
692
3,362
7,260
43
185
3,362
7,260
43
3,362
8,374
144
17.290
17,290
16,5fA
Legal and professional costs
Consultancy fees
825
750
750
1.575
1,575
1,575
1,575
825
Total of expendlture of other
costs
128,312
193,895
322,207
220,782
Total expenditure
150,583
400,533
551,116
470,764
Net gains on investments
Net income
101,196
149,0631
52,133
39,667
Net income before other
gains/1105ses)
Other Gains
101,196
149,0631
52,133
39,667
Net movement in funds
101,196
149,0631
52,133
39,667
Reconciliation of funds:
Total funds brought forward
361,820
80,667
442,487
402,820
Total funds carried forward
463,016
31,604
494,620
442,487
Page 37