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← Kayd Somali Arts And Culture

2024-03-31-accounts

KAYD SOMALI ARTS AND CULTURE

ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441

2024

R E G I S T E R E D O F F I C E : Oxford House, Derbyshire Street, London, England, E2 6HG

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COMPANY NUMBER: 06851116

CHARITY NUMBER: 1170441

KAYD SOMALI ARTS AND CULTURE

DIRECTORS REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] MARCH 2024

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KAYD SOMALI ARTS AND CULTURE

ADMINISTRATIVE DETAILS

Trustees : Prof Michael Walls Zahra Ahmed Bare Awgab Dagaal Quman Akli (resigned 01 March 2024) 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: Prabagar Pathmanathan FCCA, FCA (SL) Lead Accounting Ltd 43 Seiriol Road, Bangor LL57 1AS

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Trustees’ Annual Report for the period

Kayd Somali Arts and Culture is a charity incorporated by Articles of Association.

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document:

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.

In October 2023, Somali Week Festival (SWF) celebrated a 15-years milestone celebrating trailblazers. We organised 28 events in 10 days and attracted close to 4,000 audiences and participants. SWF2023 offered a jam-packed and rich programme of literature, academic, cultural, film and entertainment that captured celebration of Somali culture and heritage.

The festival officially kicked off at the British Library with roundtable discussion featuring Somali trailblazers across various industries. The panel included Yusra Warsame, a trailblazer in playwriting, theatre, and acting. Ahmed Farah, the director behind the hit Somali series "Arday" and new film streaming on Netflix Africa and in Cinemas across the world ‘Ayaanle. And Faduma Farah, spearheading a fellowship for fashion designers committed to creating accessible clothing. This dynamic discussion set the stage for the overarching theme of the festival, trailblazers.

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We introduced Kayd Award to the festival, which honours and commemorates an artist with a significant contribution to Somali arts and culture. We celebrated Maryan Mursal, an acclaimed singer who managed to transition from being part of the famous Waaberi band to a solo global artist based in the UK.

The festival held book launches, poetry recitals, talent shows for young people, storytelling for children, and showcased a new Somali-British play called “Desperate Times”. We had put on diverse performances and discussion including conversation on Somali heritage, digital archives, and open culture and a panel on creating space for the next generation creatives.

We experimented with live music arrangement by placing a singer with independent musicians to create a collaborative live show. Based on the audience reception, we plan to continue to promote similar collaborations to revive a rich heritage of live music performances.

We were very pleased that the Africa Centre hosted one of our main academic events with the acclaimed Somali-British novelist Nadifa Mohamed on her literature and connection with history, and discussion about her upcoming projects. Nadifa was joined by Dr Nuur Hassan, who presented his academic research on Somali children’s education and parenthood.

The final concert was well attended with 700 tickets sold. It was a great way to close a jampacked festival, and it was performed by our visiting artists and headliners Amina Farah and Abdikariim Ali Shaah. They were joined by our local Somali artists

Somali Week Express

We have delivered more than the target for the Somali Week Festival Express: 11 events in three cities, with 36 creatives, 60% of whom were local. Both local governments and communities in Sheffield, Bristol, and Leicester have warmly received the festival. Our partners have contributed immensely in the production of the festival in financing, staffing, and organisation. The mayor of Leicester joined the opening ceremony, we also a productive collaboration with the Poetry Translation Centre and Off the Shelf.

Play Tour

“Dugsi Dayz” play tour was well received. The target was to show the play 3 times but we added one more show in the regions. The shows were attended by 150 in Sheffield’s Deli Theater, 200 in Bristol Old Vic, and 320 in Leicester’s Curve Theater. The play attracted both Somalis and non-Somali audience. It was accessible and relatable to everyone who came to see it. For older Somali community audiences this was their first time to experience a play in English. While for some of the younger generation it was their first time attending mainstream venues to see a Somali play produced and acted by Somalis.

Overall, we engaged a combined 2,000 audience who attended both the play tour and the Somali Express Festival events in the three cities. Local artists, visiting artists, and writers attended these events. Somali Week Express gave an opportunity to many British-Somali artists an opportunity to perform and present their work in these cities. People like Hamda Hussien, Abdirahman Xadxanteeye, and Galool got the chance to showcase their work to these communities.

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Tower Hamlet in Focus: Somali Art project

In collaboration with Galool, Home of Somali Education Resources, and Oxford House, Kayd organized a family weekend event. The family event was fun and included many activities, such as storytelling, games, cultural exhibitions, watching cartoons in the Somali language, interactive workshops, face painting, and sing-alongs, cultural dances, and poetry recitation. Furthermore, the launch of this event was vital for Somali parents and their children. This family weekend event gave them the space to learn a lot from their cultures and heritage. For example, for some sessions, cartoon programs that speak the Somali language were shown to the children so they could learn some Somali words. This session was also helpful to the parents because it allowed their children to learn more about Somali culture through the children's entertainment industry.

Furthermore, this event fostered community cohesion among Somali families. Kayd also organized workshops regarding parenting methods and coping mechanisms. Around 170 families came for the event; 40 were parents, and the rest were children. Most of them came from the Tower Hamlet area. However, some came from different locations, including west and north of London. Hence, some of the significant outcomes of this event included increasing community engagement in cultural activity among Tower Hamlets residents and intruding on the parents' apps and other social media channels they can use to teach their Somali languages.

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit

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.

Contribution made by volunteers

We were able to recruit 20 volunteers during Somali Week Festival 2023, who supported us in our events across London. We have also recruited 2 permanent volunteers to support the charity through the year.

Achievements and Performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.

After 14 years in operation, Kayd has become a national portfolio organization (NPO) for the Arts Council England. A milestone that has enabled Kayd to reach more communities that have been marginalized.

With the NPO status and funding, we have been able to expand the festival to cities including Leicester, Sheffield, and Bristol. The festival to the regional cities is a weekend event called “Somali Week Express”. We have also been able to take the “Dugsi Days” play on a tour to the same cities. As a result, we have nearly doubled our audiences to a combined 6,000 in 2023.

Partnerships :

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We have grown our partnerships beyond London to include some of the most prestigious institutions such as the Bristol Old Vic. We have established 6 new partnerships outside London. We have worked with a combined 15 partners and venues to deliver our ambitious and expanded program.

Fundraising :

Kayd was successful in raising funds in support of our program and activities through Arts Council England; Tower Hamlets; Gecko Foundation; Oxford House; SOAS/UCL; and Hats community and partners sponsorships.

Kayd’s objectives are to promote art, culture and heritage, to advance the education of the 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:

We have promoted arts, culture and heritage through the delivery of the SWF, Somali Week Express, and touring of “Dugsi Dayz” play.

To advance the education of the public, we orgnised three events:

  1. Climate Change conference in partnership with University College London (UCL).

  2. A lecture on youth and education.

  3. An academic talk on the use of frankincense, including its regenerative properties for skin.

We had five recreational events for families and children.

Financial Review

The Total income for the year was £273,150 (2023: £216,109) and the total expenditure for the year was £261,481(2023: £217,504).

The reserves balance is the surplus for the year added to the surplus of previous years. The reserve helps for spending in the future. During this year, the surplus arose as a result of increase in unrestricted income as an effect of new donors, sponsors and partners.

Amount of reserves held is £26,772 (2023: £15,103)

There are no uncertainties in relation to the charity continuing as a going concern.

The principal source of funding is from Arts Council of England, and other sponsorship grants and donations.

A description of the principal risks facing the charity

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.

Structure, Governance and Management

Type of governing document (trust deed, royal charter): Articles of Association How is the charity constituted? (e.g unincorporated association, CIO):

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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:

Trustees are identified by the Managing Director and Artistic Director in agreement with existing trustees and confirmed in accordance with Articles 25-27 (Kayd Articles of Association).

Relationship with any related parties

Kayd works closely with Somali communities and venues across the country to advance our charitable aims.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees ፡

DocuSignedby:
Signature:
Full name:
Position: Chair

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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 2024 which are set out on pages 10 to 13.

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:

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:

Predyager

……………………………………………

Date: 03 May 2024

Prabagar Pathmanathan FCCA, FCA (SL)

LEAD ACCOUNTING 43 Seiriol Road, Bangor LL57 1AS

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

FOR THE YEAR ENDED 31 MARCH 2024
Notes Unrestricted
Funds
Restricted
Funds
2024
TOTAL		 2023
TOTAL
£
£		 £ £
Income
Grants and Donations
Bank interest income
Total Income
Expenditure
Raising funds
Charitable Activities
Total Expenditure
Operating surplus/(deficit)
Total Funds Brought Forward
Total Funds Carried Forward		 1
2
3		 260,088
29		 13,033
-		 273,121
29		 216,093
16
260,117 13,033 273,150 216,109
9,200
239,248		 -
13,033		 9,200
252,281		 10,080
207,424
248,448 13,033 261,481 217,504
11,669
15,103		 - 11,669
15,103		 (1,395)
16,498
**26,772 ** - 26,772 15,103

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 12 - 13 form part of these financial statements.

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BALANCE SHEET AS AT 31 MARCH 2024

BALANCE SHEET
AS AT 31 MARCH 2024
Notes 2024 2023
£ £
CURRENT ASSETS
Debtors
Prepayments
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)
Total Funds		 4
Less: Current Liabilities due in less than one year
5		 1,000
8,600
51,014		 1,0006,000
8,600-
51,01414,493
60,614 60,614
20,493
33,842 33,8425,390
33,842 33,842
5,390
26,772 26,772
15,103
26,772 26,772
15,103
15,103
11,668		 15,10316,498
11,668
(1,395)
26,772 15,103 26,772 15,103

For the year ended 31 March 2024 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 03 May 2024 and signed on their behalf by he ______ oe Michael Walls ee 079BA92CD36F 429... Chair of Trustees[DocuSign] [e][d][ by:]

The notes on pages 12 to 13 form part of these Financial Statements.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 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 charity.

The charity’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:

1. Schedule of Income

Income from:
Grants, Donations, Sponsorship, partnership and
activity
2024 2023
Unrestricted
Funds
Restricted
Funds
Total		 Total
£
£
£		 £
Grants Income
Art Council England
Foreign, Commonwealth & Development Office
(FCDO)
The Gecko Foundation
Local Borough of Tower Hamlets
Sub-total
Donations
Dahabshiil/Kli
Thames Homecare SE
The Kilifanan Trust
HATS
Oasis Care
Others
Sub-total
Sponsorship Income
Local Borough of Tower Hamlet
SOAS
Others
Sub-total
Partnership and Activity income
The Oxford House
Others
Sub-total
Total Income		 150,000 - 150,000
- - -
21,700 -
21,700
-
8,333
8,333		 97,000
24,765
15,000
14,860

171,700 8,333 180,033		 151,625
7,000 -
7,000
5,000 -
5,000
10,000 -
10,000
10,000 -
10,000
5,000 -
5,000
7,500 -
7,500		 -
-
10,000
10,000
-
5,050

44,500 -
44,500		 25,050
-
2,700
2,700
-
2,000
2,000
4,575 -
4,575		 -
3,000
4,950

4,575
4,700
9,275		 7,950
12,100 -
12,100
27,213 -
27,213		 31,468

39,313 -
39,313		 31,468
260,088
13,033 273,121		 216,093

2. Investment income

Investment income
Investment income 2024 2023
Bank interest income
Total		 £
£
£		 £
29
-
29		 16
29
- 29		 16

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3. Expenditure

3. Expenditure
Description Unrestricted
Fund
Restricted
Funds
2024
TOTAL		 2023
TOTAL
£
£		 £ £
Staff salary
Cost of generating funds
General Office Exps
Marketing, documentation and publicity
Event Activities and artists
Consultancy
Visiting artists and accommodation
Venue Hire
Volunteers Expenses
Organisation Development
Insurance
Bank Charges
Total Expenditure		 76,784
3,539
9,200
12,933
1,740
14,001
41,699
18,324
-
53,569
7,604
18,464
890
150
1,170
1,110
304		 80,323
9,200
14,673
14,001
41,699
18,324
61,173
18,464
1,040
1,170
1,110
304		 58,396
10,080
8,647
10,278
45,899
18,005
41,709
21,507
1,600
664
560
160
248,448
13,033		 261,481 217,504

4. Debtors

4.Debtors
2024
2023
Accrued income
Total		 £
£
1,000
6,000
1,000
6,000

5. Creditors

2024 2023
£ £
Falling due within one year
Accruals 5,842 5,390
Deferred Income
 28,000 -
Total 33,842 5,390

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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