ANNUALREPORTFOR THEYEAR ENDED31MARCH2�2 **COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441** 2022 COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441 KAYD SOMALI ARTS AND CULTURE DIRECTORS REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31ST MARCH 2022 KAYD SOMALI ARTS AND CULTURE ADMINISTRATIVE DETAILS Trustees: Or Michaol Walls Hoden Musa Ahm&d Zahra Ahmed Dr Fatumo Abdlllahi JLJlla Farringlon Bare Awgab Dagaal Quman Akll Rashid Sheikh Abdullahi Dr Giulia Lib6rattsre Company Number.. Charity Number: 06851118 1170441 Reglstered Offlce: Oxford House Derbyshlre Street London, England, E2 6HG Bank8rs: Barclays Bank 240 Whitechapel Rogd London E1 1BJ Independent Examlngrs: Charles Osgr Practlcal A¢¢ounllng Trainlng Ltd Equllable House, 2 Floor 10 Woolwich New R08d London SE18 6AB Trustees, Annual Report for thè period Year Ended.. 31 March 2022 Charity name: KAYD Somall Arts & Culture Charlty registration number: 1171)441 Objeclives and Activities SORP refer8nc Summary of the purposes of the charity as Set out in its governing document Para 1.17 To promote art, ¢ullure and heritage, particularly (but not exclusively), Somall arts. culture and herilagg, for the benefit of the public, includlng Iwllhout Ilmltallon), muslcal, Illerary, dr8mali¢. performance, dance, and vlsual arts, particularly, but not 8xclusively, by organlslng and delivering arts and cultural events and festivals. To advance the education of the publitt Iparti¢ularly bul not excluslvely, in Somall heiitage, culture and th8 arts), Includlng {wllhoul Ilmltalion}, muslcal, Ilterary, dramatlc. performance, dance and vlsual arts, partlcularly but excluslv8ly through workshops, debates, discusslons and other educallonal programme8. Also, to provlde for the recTeallon of people Involved andlor engaged In the aclivldes of th8 Charity, by provldlng seNlces and faeillllgs lo them in the interest of social walfare, wlth the objectlve of improvlng Iholr condlUon8 of Ilfg. Summary of the maln aclvltles in relallon lo those purposes for the public benefit, in particular, the 8clivitles, projects or se￿IC&S Idontifi8d in the ac¢ounts. Pgr81.178n Kayd's Somali Woek Feslval 2021 was OLtr first Ilve-audlenc8 f8stival Since the start of the covld-19 pandemic. In 2021, we were able lo deliver an 8-day hybrid festival with 90% of Ilve, socially distanced events. Kayd's fiagshlp 8v8nl is Somali Week Festival ISWFI whi¢h plays a dual role In championing Somall artists and arts and culture to the Somali community whlle also providing a Safe, informative and entertaining plafform for artists and non- Somali audlence across the UK. SWF Is an inclusive and innovative space for all Somalis lo enJoy their Gultural heritage and right to freedom of expression. bringing together people from across social and political divisions that otherwise. in other contexts remain divided. In October 2021, during tha UK'S Black History Month, Kayd proudly presented the 13th Somali Week Festival tilled "Inspire: insplred by the past, inspiring the future" that looked beyond th6 pandemic and Imaglned what a post Covid- 19 world would look Ilke. Somalls are one of the communllles In Britain who suffered disproportionalely from th8 covid-19 pandemlc, and the programme involvod 8 carefully curated programmo featuring mental health and wellness experts, emtsrging and established artists as well as Ihe healthcare heroes and frontllne flghters of the past years. SWF 2021 featured a brand-new Somall-Brltlsh Play'muna Knows il All" and a new cohort of both &stabllshed and upcoming artists. The festival dealt with how artists, a¢livisls and musicl8ns are responding and reacting to the global covid-19 pandemic order lo both highlight the arnazing and brave people In the community who stepped forward durlng tttls unprocedented time as well as to look back on th¢ incredible Somalis who we lost lo the pandemic. We also looked al the larger implications of how the BAME community In the UK has b&&n partlcularly affected by covld-19 In partlcular the mental hegllh impllcalions. Highllghls of SWF 2021 Included the book launch of Nadlfa Mohamed's 8ooker Prizè short-1Ssled novel, an 8venlng wlth lconlc wrSter Ahmed Abdl Ggshaan, two sold-oul play performances and a wlde rang8 of the latest Somall book launches. We wer8 able lo host a pre-launch receplSon at the Brllish Library with a soclally4islanced audlen¢e of 200. We also path8r8d with Rich MIX where we hosted 2 sold out nlghls of a brand-new British Somali play and held events in Oxford House, SOAS University as well as a sold-out Closing concert al The People's Palacg, Queen Mary Univ8rsily. The blggest succes8 was that wg were able lo have visiting gu$sts from abroad,. both the Hom, mainland Europe and North America, which Is the stand-out feature that makes our fesllval unique. Through a combinallon of carefully selected onllne hybrid events and 98fely soclal diStan￿d live events we were abl& to host a full festival that includ8iJ panel discussions, book launches, children's enlertainmerjt, traditional dance, a play, live music and poetry performances amongst other things. In putting on this festlval we were able lo su ort the ommunity post- lockdown by providing a safe space for people to once again interact, discuss important topics and enjoy high quality arts and culture. As part of our natlonwide communlty engagement, we partnered with a local communlty organisalion in Leicester by hosting a sisler-8vent during the weekend of Somali Week Festival In a local community hub where a number ofour artists and vislling gLJests from the Horn were able to perfomi and hold their lalks in a city with a conslderable Somali communlty. As part of Somali Week Festival 2021 we wer8 also able to p8rtner with the Women's Exc81 Centre in Barking by supporting their UK Bla¢k History Month event by providing them with one of our Share Your Talenl cohorts. In SWF we worked with over So artlsls and ¢reatlve8 and wllh an onllne viewership over 70k views wlth other events spannlng from 500 vlews lo sk views, Our In-p8rson audience across the 9 days reached over 800 people total. Statement confirmlng whether the Iruslees have had regard lo the guidance Issued by the Charlty Commisslon on publ1¢ benefit P￿1.18 Trustees have read, undgrstood and have had regard to the Charity Commls51on's publlc benefit guide when makSng decislons of Kayd'8 actlvltSes, management and organlsalion, Addltlonal Informatlon {optlonal} You ma choose lo in¢lude further slat6ment8 where r•l8vant about.. SORP ref&rence Policy on granl making Par8 1.38 NIA Policy on social investment includlng progr8rn related Investment Para 1.38 NIA We were able to recftjit 15 volunteers during Somali Week Festival 2021 who supported us in our events across London. Contribution made by volunteers Para 1.38 Other Achievements and Performance SORP refere￿9 As part of our Elevate funding by the Arts Council of England, we were able to support and deliver the following.. Summary of the maln achievements of the charity, identifying the dlfference the charity's work has made to the circumstances of ils benefl¢iarles and any wider ben&fits lo society as whole. Para 120 Children's art competition: Dur(ng Ramadan 2021 Kayd created ils first Somali chlldren's art compelillon called 'Ramadan Through a Child's Eyas" whlch showcased creative responses by Som311 chlldren through drawings and other ple￿5 of visual arts- almed at children aged 4- 14. This ini118tive allowed our youngest creatives lo experience havlng a platfom to showcase their work, receive praise, and celebrate their cultural hertlage. In doing 80, we were able lo support 50 young creatives through thls onllne initiative where chlldren sent In plctures, vldeos, drawings and other pleceg of creallv8 work. Nationw￿8 angag8mant. We partn8red wlth a local communlly organ18allon In Lelces16r by hosting 8lster4vent durlng th& weekend of Som811 Week Festival in a local communlly hub where a number of our artS5ls and vlsitlng guests from the Hom wore able lo perform and hold their talks in a city wllh a consid6rable Som8li community. W9 also held work8hops on the practlc8 of forced cultural rehabililalion with communitles and families Within Bristol's Somallland community. W8 worked closely wlth looal community organisation The Womon's Inclusive Team IWIT) lo further slronglhen our connecllons wSlh 8ristol. Through the workshops we engaged with 120 people with support from the Forelgn Commonwe811h and Development om¢e {FCDOI. Great8r London engagement.. As part ofsomall W6ok Festival 2021 we were able to parth6r with the Women's Excel Centre in Barking by supporting their UK Black History Month event by providing them with one of our Share Your Talent cohorts. We also marketed and promoted their event across our large online plalfomi. We plan to build on this strong relationshlp in the followln ear. Somali We6k Festival 2021.. See above for details Partnershlps: We have gmwn our partnérships with some of the blggest arts inslilulions in the country, such as The British Library and Rlch Mix by hosting our events there, we have also maintained strong relalionships with our hub Oxford House and key academic institutions such as SOAS and UCL and Queen Mary University. Our partnership with plsy productlon company Side eye productions has led us lo a 5th year of sold-out play performance. Fundraislng.. Kayd was 8Ll¢¢888ful In ralslng funds in supportol SWF and quarterly program8 through Arts Councll England,. Tower Haml8ts,' Gecko Found8llon- Oxford House, SOASIUCL}, FCO, Canary Wharf and ¢ommunll funds. Addltlonal Informatlon {optlonal} You ma choose lo Include further stat8ment$ where relevant about: K8yd's objectives are to promote art, culture and h8ri1age, to advan￿ the educallon of the publlc and also, to provide for the recreallon of poople Involved andlor engaged in the aGlivilio8 of the Charity. A¢hlev8ments agalnst obleellves sel Par& 1.41 We met the achlevem8nts 88t agaln81 these objectives through the following.. Our academic event in SOAS, our creativ8 arts poetry events and children's entertalnment programme and our mental health panel dlscussion as part of our recro81ional alms. These were all delivered during SWF 2021. Performanee of fundr81slng acuvltles agalnst objeGtives set Pale 1.41 Investment P8rformance agalnst objeGtives PBra 1.41 Other Financial Review Review of the Charity's financial position al the end of the period Para 1,Z1 The Total income for the year wa$ £156.162 {2021.. £118,389) and the total expendltLtre for the year was £157,164 12021.. £115.0601- Statement explaining the policy lor holdlng reservos slatlng why they are tteld Par8 1.22 The reserves balance is the surplusldeflcil for the year addedldeducled lolfrom surplus of previous years. Th8 rgs&rve helps for spending in the future. During this year, the deficit was as a result of lower income due lo withdrawal of one donor foundallon due lo th6lr clrcums12nees. Amount of reservas h&ld Para 122 £16,49812021= £17,500) Rèasons for holding zero rese￿e8 Detsils of fund malerialty in deff¢il Explanallon of any uncertalntles about the charity continuing as a wing concern Pqrll 1.22 NIA Ppra 124 NIA Para 1.73 There are no uncertaln118s In r8latlon to th8 charity ¢ontinuir)g as a golng concfrm. Addltlonal Informatlon loptlonall You ma ¢hoo8e to include further 8latsmenls where relevant about., The prSncipal source of funding Is from sponsorshlp grants and donallons. The charlty's prlnclpal sources of funds Ilncludlng any fundralsingl Para 1.47 NIA Investment pollcy and objectives includlng any SOCI81 Inveslm6nl pollcy adopted Pora 1.46 Just like any olhor charity In th6 sèctor, there Is always risk of losing income. Howgvgr, most of the donor8 and sponsors havo shown Ihgir commitment In th9 past. In addition, Kayd gels th8ir commllment before commencing operation each year. A descrlptSon of the prlncip81 risks fa¢ing the charity Para 1.46 Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 1.25 Articles of Association How is the charity constituted? Para 1,25 Private Limitgd company Trusloe selection methods including details of any constilulional provtsions e.g. election to post or name of any parson or body entitled lo appoint one or more trustees Para 125 Trustees are selected by the Managing director and artistic director in agreemenl with existing truslegs and in accordance with the Article 25-27 (Kayd Articles of Associalionl. Addltlonal Infomiallon (optionall You m8 choose lo include further sta18m8nt5 where relevant about.. Policieg and procedures adopted for the induction and training of trustees Para 1.51 The charlly's organisalional structure and any wider network with whlch th8 charity work$ Paro 1.£1 Kayd works closely wllh the Hargeysa Cultural Centre both during the Somall Week Festival and the Hargeysa Inlernalional Book Fair in Somallland. Relationship with any related parb'es Poro 1.51 Other Reference and Administratlve details Chari name istered charil number Charity's principal address Ka d Somali Arts and Culture 1170441 Oxford Hou$8 Derbyshire Street London, England, E2 6HG io orate trusl8es- names of the directors at the date the re ortwa8a roved Dlr¢Gtor name NIA Name of trustees holding till& to propety belonglng lo the ¢harlty Tru8te8 name Dats8 acted Ilnot for whol¢ ar NIA Funds held as Gustodian trustees on behalf of others Description of the assets NIA held in th18 ¢8P8cIty Name and oble¢ts of the ¢harlly on whose behalf Ihg assets are held and how this falls wlthln th6 custodian charfty's objects NIA Deta518 of arrangements for safe custody and segregation of such a88els from th8 charity'8 own assets NIA Declaratlons Tho trustee8 declaro that thgy havo approved the trustee8' raport above. 8lgn•d on behalf of the charSty's trustoes Slgnatur&l8) Full nam•ls) Posltlon leg Secretary, Chalr, etc) ichagl Walls Quman Ak Chalr Data 13 Juno 2022 li Independent examlner's report tothetrustees of KAYD Somali Art & Culture I report on the accounts of the company for year ended 31 March 2022, which are set out on pages 13 to 16. Respectlve re5ponslbllltles of trustees and examlner The trustee5 (who are also the dlrectors of the company for the purposes of company lawl are responsible for the preparation of the accounts, The trustee5 consider that an audit is not required for thSs year under se¢tlon 144121 of the Charlties Act 2011 (the Charitie5 Act) and that an independent examlnatlon Is needed. Havlng satisfied myself that the charity is not subject to audit under compa ny law ènd Is eliglble for independent examination, It Is my responsibility to.. examlne the accounts under section 145 of the Charitles Act,. to follow the procedures laid down in thè genèral Dlrectlons given by the Charity Commission under sectlon 14515llbl of the Charlties Act,. and to stats whether particular matters have come to my attentlon. Basis of Independent examlner's report My examlnation was carrled out Sn accordance wlth the general Dlrectlons glven by the Charlty Commis510n. An examlnation Includes a review of the Bccounting records kept by the charlty and a comparlson of the accounts presented wlth those records. It also Includes consideratlon of any unusual Items or dlsclosures In the a¢counts, and seeking explanations from you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audlt and consequently no oplnlon Is glven as to whether the accounts present a 'true and falr vSew' and the report Is Ilmlted to those matters set out In the statement below. Independentexamlner'sstatement In connectlon with my examination, no matter ha5 come to my attention,. l. whlch gives me reasonable cause to belleve that In any msterlal respect, the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006,. and to prepare accounts which accord wlth the accountlng records, comply wlth the a¢counting requirements of section 396 of the Companies Act 2006 and with the methods and principle5 of the Ststement of Recommended Practlce.. Accounting and Reportlng by Charlties have not been met.. or to whlch, In my opinion, attentlon should be drawn to enable a proper understandlng of the accounts to be reached. Charles Osei, Bsc (Honsl, MSC. ACIE, MCIPP Equltable House, 2nd Floor 10 Woolwlch New Road, London SE18 6AB Date. 12 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 Unr•strlct•d R•strlcted 2022 TOTAL 2021 TOTAL Notes Incom• Granls and Donaliong Total Incom• 24.637 24.837 131,525 131.625 156.162 156,162 118.389 118,389 Exp•ndhur• Raising funds Charita￿8 ActMti8s Other Total Exp•ndllur• 6.898 18,741 6.898 150.266 8.700 99.914 6.446 115,060 131.525 25.639 131.525 157,164 Operating surpluslldeficrt) Total Funds Brought FoThvaid (1.002)1 1T.500 {1,0021 1T.500 3,329 14.171 Total Funds Carrl•d Forward 16,498 16,498 17,JQO All income and &xpendituro derive from contlnuing activities and Iherg are no gains and losses other than thosè passing through the Slalemgnt of Flnanclal Activlties. The notes on pages 15- 16 form part of these flnanclal $tal&ment$. 13 BALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Notes CURRENT ASSETS Debtors Cash In bank 1,000 21.298 22.298 1,500 42.348 43,848 Less.. Current Liabilities due in less than one year 5,800 5.800 26,348 26,348 NET CURRENT ASSETS TOTAL ASSETS LESS TOTAL LIABILITIES 16.498 16,498 17,500 17.600 CAPITAL AND ResERVES Balance Brought Forward SurplusllDelicil) Total Funds 17,500 11,0021 16.498 14,171 3,329 17,500 For th8 year ended 31 March 2022 th8 company was entllled lo ex6mpllon from audlt undef s8cllon 477 of the Companies Act 2006 relating to small companles. Dlr&¢tor•' r••ponJlbllltle8: The member$ have not requirod the Gompany to oblaln an audit of Ils accounts for the year In quesllon In accordance wlth seclon 476. The directors acknowledge Ihelr responsibilities for complying with the requlrements of the Act wllh re$p8¢1 to accounting record8 and the preparat￿n of accounts. Thes6 accounts have been prepared in accordance wllh the provislons applicable to componies subject to the small company regime. The accounls were approved by the Trustees on 13 June 2022 and slgned on thelr beha by chael alls Chair of Tru818es The notes on pages 15 to 16 form part of these Financial Statements. 14 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 1. ACCOUNTING POLICIES Basls of proparatlon of flnanGlal stalemfjnts The acGounts have been prepared under the historical cost convention and in accordance with the Financlal Reportlng Standard for Smaller Entities effecuve April 20081. Tumover Income compri8e8 donations and grants rg¢eived towards the activities of the Company. 2. TURNOVER The company's entire income arose within the United Kingdom. The sources of income were partnerships, sponsorships and donations from institutions and individuals. The table below Shows the breakdown of incom8 for th8 year by the source.. 2022 VDreglrlcled Re$lrlc¢ed To¢ol F￿nd 2021 Donatlons and Sponsorshlp Grants from Tothl Gront & 8poA8orshWI In¢¢)m• Art Councll EnglaDII Forolgn. Cotvrnonwealih S Devdopmeni Off1￿ IFCDOI Gecko Foundallon L8 of Tower Harnlets The Brlllsh Llbrary SOASIUCL Totsl Sponsorshb Inc(￿0 94.875 1Q.900 20,000 5,OOCI 1,500 2,000 124,275 84.875 10.900 20.000 5.000 1.500 3,000 125,215 81,928 10,000 4.985 1,000 1.000 90,913 Donaiknn$ & Olhttf Inc¢xn• Gr¢aler Lonoon Aulhoilty Frank Halnès h1èmtsrtal Klllfanan Trust The Poetry Translatlon C8naryWharf Commls$lon1gam Tho Groundworkloxford House Partnershlp and Evènts Bank Interest Income 1.500 2.132 10.000 10.000 10,000 250 5,000 250 5.000 5,000 850 2,000 2.000 13.626 13,626 11 1,987 T0141 Donatbons thcom• Z3,637 T250 3Q,88T 21,469 Total Income 24,63T 131,535 156,162 118,382 15 ## **3. Expenditure** ||**Unrestricted**
**£**|**2022**
**Restricted**
**TOTAL**
**£**
**£**|**2021**
**TOTAL**
**£**| |---|---|---|---| |Staf salary
General Office Expenses
Marketing,documentation and publicity
Event,activities and arists
Consultancy & Professional fees
Organisation Development
Visiting arists and accommodation expenses
Venue,Technician and Security
Bank Charges and insurance
Volunteers Expenses
**Total**|-
10,010
6,897
-
6,125
680
-
-
727
1 200
**25,639**|66,289
66,289
58,353
-
10,010
9,038
-
6,897
8,700
29,392
29,392
21,800
6,442
12,567
16,500
-
680
-
19,766
19,766
-
9,636
9,636
-
-
727
670
-
1 200
-
**131,525**
**157,164**
**115,060**|| ## **4. Debtors** |**4. Debtors**|| |---|---| |Accrued income
Total|**2022**
£
1 000
**2021 **
£
1 500| ||**1,000**
**1,500**| The accrued income is unrestricted donations from SOAS which was received in the new financial year. ## **5. Creditors** ||**2022**|**2021**| |---|---|---| |_Faling due wthin one year_|£|£| |PAYE&NI|1,646|| |Accrual's
Deferred hcome|1,654
2,500|16,348
10,000| |**Total **|~~s,so,o ~~|**26,348**| ## **6. Related Party Transactions** There were no related party transactions for the year. ## **7. Trustees Expenses** The total trustees' expenses incurred on the trustees of the charity for the year was NIL. 16