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2025-03-31-accounts

KAYD SOMALI ARTS AND CULTURE

ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025

COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441

2025

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 2025

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KAYD SOMALI ARTS AND CULTURE

ADMINISTRATIVE DETAILS

Trustees : Prof Michael Walls Zahra Ahmed Bare Awgab Dagaal Rashid Sheikh Abdullahi Dr Giulia Liberatore Abdul Mohamed (appointed on 27.11.2024) Rhoda Ibrahim (appointed on 27.11.2024) 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: Lead Accounting Ltd 43 Seiriol Road Bangor LL57 1AS

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Trustees’ Annual Report for the period ended 31[st] March 2025

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.

Summer Programming

During the summer of 2024, we held three events celebrating books published by Somali authors, including Aamna Mohdin’s Scattered: The Making and Unmaking of a Refugee , Hamda Hussein’s Rejo and Mohamed Suleiman Omar’s Gaaraabidhaan (in an event featuring award-winning journalist Hassan Saleban Harun ‘Gallaydh’).

Over the summer, we also supported the making of a new documentary called Untold Stories, which tells the stories of Somalis in Tower Hamlets, including early seafarers and other migrants who have lived in the UK for many decades. The film was premiered at Somali Week Festival, and we’ve also held several other screenings.

On 5 October, we held a Black History Month celebration (and Creative Café) event in collaboration with Tower Hamlets. The event was called ‘Roots and Rhythms’, and featured a line-up of Somali and East African artists, including the dance group Dankira, comedians Selam Amare, Jodi Wheeler, Mamoun Elagab, Fathiya Saleh and musical performances by Kaltuun Bacado, Qoraan, Nimco Yasin, and Saalax.

Somali Week Festival

From 18-27 October, Kayd hosted the 16[th] Annual Somali Week Festival. This year’s theme was ‘Creative Worlds and the Environment’. We over-delivered against the festival’s targets, hosting 23 events across ten days at venues across London, including the British Library, SOAS, Oxford House, Rich Mix, Southbank Centre, Queen Mary University and Kiln Theatre. A total of 3,240 people attended the London events, which included the following:

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Somali Week Express

In late October and early November, we organized Somali Week Express events at various cities across the UK, including:

Play Tour

Alongside Somali Week Express, we also toured the play Desperate Times with Side eYe, a theatre collective that we have been supporting for several years. The tour included five performances at four venues: the Old Vic in Bristol, Unity Theatre in Liverpool, Birmingham Hippodrome and Showroom in Sheffield. The play attracted both Somalis and non-Somali audiences. We are incredibly proud that we were able to tour take Desperate Times and make arts accessible to the Somali community, who don’t often go to the theatre and to mainstream venues. We are extremely happy we were able to partner with such prestigious venues.

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A total of 1,100 people attended the Somali Week Express programs (including the play) in the regions (Liverpool, Bristol, Sheffield, and Leicester).

Climate Change Event

Our final event for the year ending March 2025 was a half day roundtable event at UCL on 15 February, with representatives from Somalis for Sustainability as well as academics and practitioners working on issues related to climate change in the Somali Horn. The event provided space for practitioners, academics and activists to connect and share resources with others working on similar themes who they may not have otherwise had opportunity to meet. We also discussed the possibility for future collaborations, and a small working group was appointed to plan a 2-day conference scheduled for May 2025.

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 2024, 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.

In 2023, Kayd became an Arts Council England National Portfolio Organization. This milestone achievement has enabled Kayd to reach a broader audience, including members of marginalized groups who would not otherwise be able to access Somali arts. In 2024 we again over-delivered against our targets for Somali Week Festival and were also able to organize several events for families and adult audiences throughout the year.

With the NPO status and funding, we have been able to expand Somali Week Festival to cities including Leicester, Sheffield, and Bristol, and in 2024 we also held events in Liverpool and Birmingham. We were also happy to successful tour a play ‘Desperate Times’ to these cities for the second year in a row. The theatre group we have mentored, Side eYe productions, has won several awards and are now working on adapting their play ‘Dugsi Dayz’ into a drama for the BBC. We are proud to have enabled members of Side eYe to reach these successes and are looking forward to mentoring further theatre groups in this way.

In addition to our in-person audience, our Social Media and Marketing Coordinator worked hard this year to develop a strategy to expand our online audience, and to make Kayd a go-to source of Somali arts programming. Our YouTube channel now has 34K subscribers, and the videos we upload regularly receive tens of thousands of views.

Partnerships :

We are pleased to maintain several longstanding partnerships with venues and institutions in London (like the British Library, SOAS and the Southbank Centre), and to have strengthened

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partnerships beyond London, including prestigious arts institutions such as the Old Vic in Bristol. This year we continued working with Showroom in Sheffield and Unity Theatre in Liverpool, while strengthening newly developed partnerships at other venues outside of London, including the Birmingham Hippodrome. 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; SOAS/UCL; HATS; Vogue; and several community and partner sponsorship.

Advancing Overall Objectives:

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, the touring of ‘Desperate Times’ play, as well as holding several events in the summer of 2024.

To advance the education of the public, we:

We provided recreation for people via our ‘Roots and Rhythms’ event, through many events that featured during SWF and Somali Week Express (such as music concerts, poetry readings, stand-up comedy), and in several events geared towards children and families.

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Financial Review

The Total income for the year was £329,696 (2024: £273,150) and the total expenditure for the year was £313,236 (2024: £261,481).

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 increase in surplus arose because of increase in unrestricted income as an effect of new donors such as Vogue, sponsors, and partners.

The balance of reserves held is £43,232 (2023: £26,772).

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 Associatio How is the charity constituted? (e.g unincorporated association, CIO): company limited by guarantee and registered as a charity with the UK Charities Commission.

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

Relationship with any related parties

Kayd works closely with Somali community across the country, and venues 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፡

Signature: _________ po = | a Prof Michael Walls Full name: _________ 079BA92CD36F 429... Position: Chair 11-05-2025 | 14:11 BST

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Independent examiner's report to the trustees of KAYD Somali Art & Culture

I report on the accounts of the charity for year ended 31 March 2025, 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:

Prelreger

……………………………………………

Date. 24 April 2025

Prabagar Pathmanathan FCCA , ACA Lead Accounting Ltd

43 Seiriol Road,

Bangor LL57 1AS

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

----- Start of picture text -----
Notes Unrestricted Restricted 2025 2024
Funds Funds TOTAL TOTAL
£ £ £ £
Income
Grants and Donations 1 289,435 40,248 329,683 273,121
Bank interest income 2 13 - 13 29
Total Income 289,448 40,248 329,696 273,150
Expenditure 3
-
Raising funds 10,200 10,200 9,200
Charitable Activities 262,788 40,248 303,036 252,281
Total Expenditure 272,988 40,248 313,236 261,481
-
Operating surplus/(deficit) 16,460 16,460 11,669
-
Total Funds Brought Forward 26,772 26,772 15,103
Total Funds Carried Forward 43,232 - 43,232 26,772
----- End of picture text -----

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 2025

BALANCE SHEET
AS AT 31 MARCH 2025
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
Notes
4
5
2025 2024
£
587
9,830
41,020
51,437
8,205
8,205
43,232
£
1,000
8,600
51,014
60,614
33,842
33,842
26,772
43,232 26,772
26,772
16,460
15,103
11,668
43,232
26,772

For the year ended 31 March 2025 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 24 April 2025 and signed on their behalf by

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

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 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.

1. 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

ule of Income
Income from:
Grants, Donations, Sponsorship, partnership and
activity
2025 2024
Unrestricted
Funds
Restricted
Funds
Total Total
£
£
£ £
Grants Income
Art Council England
The Gecko Foundation
London Borough of Tower Hamlet
Sub-total
Donation & Sponsorship Income
Dahabshiil
Thames Homecare SE
The Kilifanan Trust
HATS
Vogue
Oasis Care
Megan Taxi
Care Solutions
The Salisbury Pool
Women Inclusive Team
Excel Women
Others
Sub-total
Sponsorship & Partnership Income
The Oxford House
London Borough of Tower Hamlet
UCL/SOAS
Sub-total
Activity income
Others
Sub-total
Total Income
150,000
15,000
-
-
-
25,920
150,000
15,000
25,920
150,000
21,700
8,333
**165,000 ** 25,920 190,920 180,033
11,000
-
10,000
20,000
40,682
5,000
5,000
3,000
2,500
1,000
1,000
2,000
-
-
-
-
-
11,000
-
10,000
20,000
40,682
5,000
5,000
3,000
2,500
1,000
1,000
2,000
7,000
5,000
10,000
10,000
5,000
4,575
7,500
**101,182 ** - 101,182 49,075
-
800
-
-
800
13,528
-

-
1,600
13,528
12,100
2,700
2,000
800 14,328 15,128 16,800
22,453 - 22,453 27,213
22,453 - 22,453 27,213
289,435 40,248 329,683 273,121

2. Investment income

Investment income
Investment income 2024 2024
Bank interest income
Total
£
£
£
13
-
13
£
29
13
- 13
29

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3. Expenditure

----- Start of picture text -----
Unrestricted Restricted 2025 TOTAL 2024 TOTAL
Description Fund Funds
£ £ £ £
Staff salary 72,530 10,528 83,058 80,323
Temporary staff & consultancy 21,358 21,358 18,324
Cost of generating funds 10,200 - 10,200 9,200
General Office Expenses 27,388 27,388 14,673
Marketing, documentation and publicity 10,741 1,286 12,027 14,001
Event Activities and artists 59,647 22,034 81,681 41,699
Visiting artists and accommodation 46,097 3,000 49,097 61,173
Venue Hire 20,104 3,150 23,254 18,464
Volunteers Expenses 950 250 1,200 1,040
Organisation Development 2,555 - 2,555 1,170
Insurance 1,234 - 1,234 1,110
Bank Charges 184 - 184 304
Total Expenditure 272,988 40,248 313,236 261,481
----- End of picture text -----

4. Debtors

Debtors
Creditors
Accrued income
Total
Falling due within one year
PAYE & NI
Accruals
Deferred Income
Total
2025
2024
£
£
587 1,000
5871,000
2025
2024
£
£
5,285 -
1,920 5,842
1,000 28,000
8,205 33,842

5. Creditors

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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