## **KAYD SOMALI ARTS AND CULTURE**
**ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2023 COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441**
**2023**
**R E G I S T E R E D O F F I C E : Oxford House, Derbyshire Street, London, England, E2 6HG**
## **COMPANY NUMBER: 06851116**
## **CHARITY NUMBER: 1170441**
## **KAYD SOMALI ARTS AND CULTURE**
**DIRECTORS REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] MARCH 2023**
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**KAYD SOMALI ARTS AND CULTURE**
## **ADMINISTRATIVE DETAILS**
**Trustees** : Dr Michael Walls Zahra Ahmed Bare AwgabDagaal QumanAkli Rashid Sheikh Abdullahi Dr Giulia Liberatore **Company Number** : 06851116 **Charity Number** : 1170441 **Registered Office** : Oxford House Derbyshire Street London, England, E2 6HG **Bankers:** Barclays Bank 240 Whitechapel Road London E1 1BJ
**Independent Examiners:** Charles Osei Practical Accounting Training Ltd Equitable House, 2[nd] Floor 10 Woolwich New Road London SE18 6AB
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## **Trustees’ Annual Report for the period**
**Year Ended:** 31 March 2023 **Charity name:** KAYD Somali Arts & Culture **Charity registration number:** 1170441
## **Objectives and Activities**
||||
|---|---|---|
||SORP reference||
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote art, culture and heritage,
particularly (but not exclusively), Somali arts,
culture and heritage, for the benefit of the
public, including (without limitation), musical,
literary, dramatic, performance, dance, and
visual arts, particularly, but not exclusively, by
organising and delivering arts and cultural
events and festivals.
To advance the education of the public
(particularly but not exclusively, in Somali
heritage, culture and the arts), including
(without limitation), musical, literary, dramatic,
performance,
dance
and
visual
arts,
particularly but not exclusively through
workshops, debates, discussions and other
educational programmes.
Also, to provide for the recreation of people
involved and/or engaged in the activities of the
Charity, by providing services and facilities to
them in the interest of social welfare, with the
objective of improving their conditions of life.|
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Summary of the main Para 1.17 and 1.19 In October 2022, the 14th Somali Week activities in relation to those Festival was presented by Kayd Somali Arts purposes for the public and Culture in London as part of the UK's benefit, in particular, the Black History Month. The festival featured activities, projects or services various sessions, including book launches, identified in the accounts. poetry readings, plays, film screenings, art exhibitions, and music. Kayd partnered with Side Eye Productions to showcase the cultural movers and shakers within and beyond the UK Somali community.
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and 1.19|In October 2022, the 14th Somali Week
Festival was presented by Kayd Somali Arts
and Culture in London as part of the UK's
Black History Month. The festival featured
various sessions, including book launches,
poetry readings, plays, film screenings, art
exhibitions, and music. Kayd partnered with
Side Eye Productions to showcase the cultural
movers and shakers within and beyond the
UK Somali community.|
|---|---|---|
|||The festival showcased book launches, poetry
recital, share your talents for young people,
storytelling for children, including a new
Somali-British play called "Dugzi Dayz"
presented at Rich Mix, which had six sold-out
nights. These events were held at Oxford
House, SOAS University, and The People's
Palace, Queen Mary University. Additionally,
Kayd presented a series screenings in
partnership with Almas Arts Foundation and
Aya Films for the award-winning film "The
Grave Digger's Wife,".
Throughout the festival, Kayd has celebrated
the contributions of artistic heroes we have
lost, such as Said Jama Hussein and
Hadraawi, two monumental figures in Somali
arts and culture.
As part of the festival, Kayd collaborated with
the Women's Excel Centre in Barking to
provide a full day of family-friendly activities,
theatre performances, and poetry readings in
support of UK Black History Month.
Overall 70 artists and creatives participated in
the festival, which also had a strong online
presence, with social media reaching a total of
30,761k, an increase of 50% from the
previous year.
Currently, Kayd's social media presence
includes 3,400 on Facebook, 1,750 on
Instagram, 9,500 on Twitter, and 19,900 on
YouTube with 1,926,162 views.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|Trustees have read, understood and have
had regard to the Charity Commission’s
public benefit guide when making decisions
of Kayd’s activities, management and
organisation.|
**Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference
5
||||
|---|---|---|
|Policy on grant making|Para 1.38|N/A|
|Policy on social investment
including program related
investment|Para 1.38|N/A|
|Contribution made by
volunteers|Para 1.38|We were able to recruit 15 volunteers during
Somali Week Festival 2022, who supported
us in our events across London.|
|Other|||
## **Achievements and Performance**
SORP reference Over the course of 10 days, the Somali Week Summary of the main Festival reached an estimated 3,500 people in achievements of the charity, London, including sold-out events in identifying the difference the Para 1.20 collaboration with local community charity’s work has made to organizations in Barking & Brent, and one day the circumstances of its in Leicester. The festival brought together beneficiaries and any wider highly esteemed international guests to benefits to society as a celebrate the richness and diversity of Somali whole. arts and culture.
The festival's online presence was also strong, with insights reaching over 4,000 per post on Instagram, and 8,000 per sponsored post, and over 15,000 website hits. The festival's team engaged actively with their community via Twitter, Facebook, YouTube, and through their Kayd newsletter blasts, reaching over 25 countries, including the UK, USA, Somalia, and China, with a combined reach of over a million.
As part of the Elevate funding by the Arts Council of England, Kayd Somali Arts and Culture was able to support and deliver various initiatives. They hosted a three-day Jubilee celebration, supporting 10 creatives to showcase their work. Additionally, they collaborated with GLA for the Untold Stories project, aimed at identifying Somali history in East London and recommending ways to include it in the public space.
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Kayd Somali Arts and Culture engaged in nationwide partnership with a local community organization in Leicester, by supporting them with program development and having some of Kayd visiting artists perform at their sister event during the weekend of the Somali Week Festival.
Kayd, in partnership with The Women’s Inclusive Team (WIT), conducted primary research and hosted two workshops with community leaders and families on the practice of forced cultural rehabilitation, exploring safeguarding issues with the diaspora community. Through the workshops, Kayd engaged with 250 people with support from the Foreign Commonwealth and Development Office (FCDO).
## _Partnerships_ :
We have grown our partnerships with some of the biggest arts institutions in the country, such as The British Library and Rich Mix, by hosting our events there. We have also maintained strong relationships with our hub Oxford House and key academic institutions such as SOAS, UCL and Queen Mary University. Our partnership with play production company Side eYe productions has led us to a 5th year of sold-out play performance.
## _Fundraising_ :
Kayd was successful in raising funds in support of SWF and quarterly programs through Arts Council England; Tower Hamlets; Gecko Foundation; Oxford House, SOAS/UCL), FCO, Canary Wharf and community funds.
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## **Additional information (optional)** You may choose to include further statements where relevant about:
Kayd’s objectives are to promote art, culture Achievements against and heritage, to advance the education of the objectives set Para 1.41 public and also, to provide for the recreation of people involved and/or engaged in the activities of the Charity. We met the achievements set against these objectives through the following: Our academic event in SOAS, our creative arts poetry events and children’s entertainment programme, and our mental health panel discussion as part of our recreational aims. These were all delivered during SWF 2022. Performance of fundraising activities against objectives Para 1.41 set
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## **Financial Review**
|**inancial Review**|||
|---|---|---|
||||
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The Total income for the year was
£216,109 (2022: £156,162) and the total
expenditure for the year was
£217,504(2022: £157,164).|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The reserves balance is the surplus/deficit
for the year added/deducted to/from surplus
of previous years. The reserve helps for
spending in the future. During this year, the
deficit arose as a result of decrease in
unrestricted income as an effect of
withdrawal of one donor foundation due to
their circumstances, slightly reducing
reserves.|
|Amount of reserves held|Para 1.22|£15,103 (2022: £16,498)|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|There are no uncertainties in relation to the
charity continuing as a going concern.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The principal source of funding is from Arts
Council of England, and other sponsorship
grants and donations.|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|N/A|
|A description of the principal
risks facing the charity|Para 1.46|Just like any other charity in the sector,
there is always risk of losing income.
However, most of the donors and sponsors
have shown their commitment in the past. In
addition, Kayd confirms sponsor
commitment before commencing operation
each year.|
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## **Structure, Governance and Management**
||||
|---|---|---|
|Description of charity’s trusts:|||
|Type of governing document
(trust deed, royal charter)|Para 1.25|Articles of Association|
|How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|Private Limited company|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees are selected by the Managing
Director and Artistic Director in agreement
with existing trustees and in accordance
with Articles 25-27 (Kayd Articles of
Association).|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
||||
|---|---|---|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51||
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51|Kayd works closely with Somali community
across the country, and venues to advance
our charitable aims.|
|Other|||
## **Reference and Administrative details**
|||
|---|---|
|Charity name|Kayd Somali Arts and Culture|
|Registered charity number|1170441|
|Charity’s principal address|Oxford House
Derbyshire Street
London, England, E2 6HG|
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– Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
||||
|---|---|---|
|**Trustee name**|**Dates acted if not for whole year**||
|**N/A**|||
## **Funds held as custodian trustees on behalf of others**
|||
|---|---|
|Description of the assets held
in this capacity|
N/A|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and segregation
of such assets from the
charity’s own assets|N/A|
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Prof Michael Walls **Position**[Chair ] 08-05-2023 | 17:03 BST **Date**
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## **Independent examiner's report to the trustees of KAYD Somali Art & Culture**
I report on the accounts of the company for year ended 31 March 2023, which are set out on pages 13 to 16.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b)of the Charities Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention: 1) which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- 2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
……………………………………………
19/04/2023
Date…………………………
Charles Osei, BSc (Hons), MSc, ACIE, MCIPP, AFA, ATA Flat 3, 11 Rochdale Way Deptford London SE8 4LY
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## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
||**Notes**|**Unrestricted**
**Restricted**|**2023**
**TOTAL**|**2022**
**TOTAL**|
|---|---|---|---|---|
|||**£**
**£**|**£**|**£**|
|**Income**
Grants and Donations
**Total Income**
**Expenditure**
Raising funds
Charitable Activities
**Total Expenditure**
**Operating surplus/(deficit)**
Total Funds Brought Forward|2
3
4|22,577
193,532|216,109|156,162|
|||**22,577**
**193,532**|**216,109**|**156,162**|
|||-
10,278
23,972
183,254|10,278
207,226|6,897
150,267|
|||**23,972**
**193,532**|**217,504**|**157,164**|
|||**(1,395)**-
16,498 -|
**(1,395)**
16,498|**(1,002)**
17,500|
|**Total Funds Carried Forward**||**15,103 -**|
**15,103**|**16,498**|
All income and expenditure derive from continuing activities and there are no gains and losses other than those passing through the Statement of Financial Activities.
The notes on pages 15 to 16 form part of these financial statements.
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## **BALANCE SHEET AS AT 31 MARCH 2023**
|**BALANCE SHEET**
**AS AT 31 MARCH 2023**||||
|---|---|---|---|
||Notes|**2023**|**2022**|
|||_£_|_£_|
|**CURRENT ASSETS**
Debtors
Cash in bank
Less: Current Liabilities due in less than one year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS TOTAL LIABILITIES**
**Funds**
Balance Brought Forward
Surplus/(Deficit)|4
5|6,000
14,493|1,000
21,298|
|||**20,493**|**22,298**|
|||5,390|5,800|
|||5,390|5,800|
|||15,103|16,498|
|||**15,103**|**16,498**|
|||16,498
(1,395)|17,500
(1,002)|
|**Total Funds**||**15,103**|**16,498**|
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Directors' responsibilities:**
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small company regime.
The accounts were approved by the Trustees on 04 May 2023 and signed on their behalf by
Michael Walls Chairman of Trustees
The notes on pages 15 to 16 form part of these Financial Statements.
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## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparation of financial statements**
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008).
## **Turnover**
Income comprises donations and grants received 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 income for the year by the source:
## **Schedule of Income**
|**Donations and Sponsorship Grants**
**from**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**(£)**
**(£)**|**Unrestricted**
**Fund**
**Restricted**
**Fund**
**(£)**
**(£)**|**2023**
**Total**
**2022**
**Total**
**(£)**
**(£)**|**2023**
**Total**
**2022**
**Total**
**(£)**
**(£)**|
|---|---|---|---|---|
|**Grant & sponsorship Income**
Art Council England
Foreign, Commonwealth & Development
Office (FCDO)
Gecko Foundation
LB of Tower Hamlets
The British Library
SOAS/UCL
Rocket Science
HATS
Sahan Cares
**Total Sponsorship income**
**Donations & Other Income**
Kilifanan Trust
The Poetry Translation
Canary Wharf
Partnership and Events
Bank interest income
**Total Donations Income**|-
-
5,000
-
-
-
-
-
-|
97,000
24,765
10,000
14,860
1,000
3,000
4,950
10,000
1,500|97,000
24,765
15,000
14,860
1,000
3,000
4,950
10,000
1,500|84,875
10,900
20,000
5,000
1,500
3,000
-
-
-|
||**5,000**|**167,075**|**172,075**|**125,275**|
||4,300
-
-
13,261
16|5,700
1,050
2,500
17,207|10,000
1,050
2,500
30,468
16|10,000
250
5,000
15,626
11|
||17,577|26,457|44,034|30,887|
|**Total Income**|**22,577**|**193,532**|**216,109**|**156,162**|
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## **3. Expenditure**
|**Description**|**Unrestricted**
**Fund**|**Restricted**
**fund**|**2023**
**TOTAL**|**2022**
**TOTAL**|
|---|---|---|---|---|
||£|£|£|£|
|Staff salary
General Office Expenses
Marketing, documentation, and publicity
Event, activities and artists
Consultancy & Professional fees
Visiting artists and accommodation expenses
Venue, Technician and Security
Organisation Development
Bank Charges and insurance
Volunteers Expenses
Total|-
9,207
-
13,941
-
-
-
664
160
-|
58,396
-
10,278
31,957
28,085
41,709
21,507
-
-
1,600|58,396
9,207
10,278
45,898
28,085
41,709
21,507
664
160
1,600|66,289
10,010
6,897
29,392
12,567
19,766
9,636
680
727
1,200|
||**23,972**|**193,532**|**217,504**|**157,164**|
## **4. Debtors**
||**2023**|**2022**|
|---|---|---|
|Accrued income
**Total**|**£**
6,000|**£**
1,000|
||**6,000**|**1,000**|
## 5. **Creditors**
|**2023**|**2022**|
|---|---|
|**£**
_Falling due within one year_
PAYE & NI
-
Accruals
5,390
Deferred Income
-|**£**
1,646
1,654
2,500|
|Total
5,390|5,800|
## **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.
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