OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2026-03-31-accounts

KAYD SOMALI ARTS AND CULTURE

ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 COMPANY NUMBER: 06851116 CHARITY NUMBER: 1170441

2026

REGISTERED OFFICE: Oxford House, Derbyshire Street, London, England, E2 6HG

1

COMPANY NUMBER: 06851116

CHARITY NUMBER: 1170441

KAYD SOMALI ARTS AND CULTURE

DIRECTORS REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31[ST] MARCH 2026

2

KAYD SOMALI ARTS AND CULTURE

ADMINISTRATIVE DETAILS

Trustees: Prof Michael Walls
Zahra Ahmed
Bare Awgab Dagaal (resigned 23 January 2026 )
Rashid Sheikh Abdullahi
Dr Giulia Liberatore
Abdul Mohamed
Rhoda Ibrahim
Prof Katherine Baxter (appointed 31/01/2026)
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

3

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.

Summer Programming

During Q1-2, we organized several events. The first was a climate change conference co-hosted with UCL’s Development Planning Unite (DPU) on 5-6 May. The first day of the event included an invite-only roundtable discussion on the theme of ‘water and knowledge’, featuring a diverse group of stakeholders who work on climate-change related activities in the Horn of Africa. The second day of the event featured a public panel on Climate Change in the Somali Horn, including a presentation by Somaliland’s Minister for the Environment.

In collaboration with Oxford House, we co-convened an Artists-in-Residency programme, which provided support to Maanta Theatre visual artist Awo Abdi. We provided support to Maanta to produce a new play, Between Two Worlds, which premiered at Oxford House on 1112 July to sold out crowds. We also supposed Awo to develop a new exhibition, Fortune Through Lineage, which launched in the Oxford House gallery on 12 September. As part of this programme, we also held a creative mixer event with writer Salma Ibrahim, who presented her debut novel Salutation Road at an event at Oxford House on 12 September.

Over the summer we also supported the production of Untold Stories, Part II, a documentary about Somalis in East London, produced by JanFirst productions and directed by Suher Sofi.

On 5 September, we also hosted an event in honour of Nuruddin Farah, who was awarded an honorary doctorate from SOAS in recognition of his literary contributions.

Somali Week Festival

From 17-26 October, Kayd hosted the 17[th] Annual Somali Week Festival. This year’s theme was ‘Resonate! Sounds of the Past, Voices of the Future’. We over-delivered against the festival’s targets, hosting 30 events across ten days at 8 venues across London, including the

4

British Library, SOAS, Oxford House, Rich Mix, Southbank Centre, Queen Mary University and Kiln Theatre. A record number of people (5,000+ attended), and many events sold out. The festival included the following:

5

Somali Week Express

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

Following SWF, we held several additional events. On 7 November, we hosted a comedy night featuring visiting comedian Adan Abdi, alongside Prince Abdi. On 29 November, in response to strong audience demand we hosted a second community screening of Untold Stories, Part II, at Rich Mix. The event was attended by 180 people. On 5 December, we hosted a book launch with Dr. Nuur Hassan, a UK-based writer whose work explores themes of exile, faith and belonging. He launched his debut novel, My Name is Sahal.

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 40 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.

6

This year marks the completion of our three-year National Portfolio Organisation (NPO) funding period, and we are pleased to have received a one-year extension from Arts Council England. In addition, we were successful in securing three-year core funding from the Paul Hamlyn Foundation, for three years to support our core costs.

This milestone has enabled Kayd to reach a broader and more diverse audience, including members of marginalized communities who might not otherwise have access to Somali arts and culture. In 2025, we once again exceeded our targets for the Somali Week Festival and delivered a wide range of events for families and adult audiences throughout the year.

The funding from the Paul Hamlyn Foundation will also support the delivery of regional programmes during 2026–2027, further strengthening our impact and reach.

We have expanded the Somali Week Festival to multiple cities, including Leicester, Sheffield, Bristol, Liverpool, and Birmingham. In 2025, we were also able to extend our programme to Cardiff, with funding from Arts Council Wales.

We are particularly proud of the theatre groups we have worked with in recent years and are excited by their continued success beyond Kayd. In 2026, the play Crush will be featured at the Edinburgh Fringe Festival, and Dugsi Dayz is being adapted into a drama for the BBC.

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 grew from 34K to 51K subscribers in 2025, and the videos we upload regularly receive tens of thousands of views; one video from our Final Beats concert has received over 1 million views.

Partnerships :

Over the last few years, we have grown our partnerships beyond London to include some of the most prestigious institutions such as the Bristol Old Vic, Showroom in Sheffield and Unity Theatre in London, while strengthening newly developed partnerships at other venues outside of London (e.g. Birmingham Hippodrome). In 2025 we additionally worked with the Wales Millenium Centre and St Fagan’s Museum in Cardiff. We have worked with a combined 16 partners and venues to deliver our ambitious and expanded programme.

Fundraising :

Kayd was successful in raising funds in support of our program and activities through Arts Council England; Paul Hamlyn Foundation, Tower Hamlets, Kilfinan, Gecko Foundation, SOAS/UCL, SAAFI, community, and partners sponsorship including Dahabshiil.

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 Artists-in-Residency programme, as well as holding several other events in the summer of 2025 and in November/December 2025.

To advance the education of the public, we:

7

We provided recreation for people via our many events during SWF and Somali Week express (including music concerts, poetry readings, stand-up comedy), events geared towards children and families, and hosting additional events throughout the year, such as comedy events, book launches and film screenings.

Financial Review

The Total income for the year was £352,870 (2025: £329,696) and the total expenditure for the year was £351,458 (2024: £313,236). The surplus for the year was £1,412.

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 Paul Hamlyn Foundation, sponsors, and partners.

The balance of reserves held is £44,644 (2025: £43,232)

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, Paul Hamlyn Foundation 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):

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).

8

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፡

16-05-2026 | 11:08 BST Signature: _____ Prof Michael Walls Full name: _______ Position: Chair

9

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 2026, 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:

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:

……………………………………………

30 April 2026 Date…………………………

Lead Accounting Ltd

43 Seiriol Road, Bangor LL57 1AS

10

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2026

STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2026
**Notes ** Unrestricte
d Funds
Restricted
Funds
2026
TOTAL
2025
TOTAL
£ £ £ £
Income
Grants and Donations 1 281,278 71,592 352,870 329,683
Bank interest income 2 13
Total Income 281,278 71,592 **352,870 ** 329,696
Expenditure 3
Raising funds 10,200 - 10,200 10,200
Charitable Activities 269,666 71,592 341,258 303,036
Total Expenditure 279,866 71,592 351,458 313,236
Operating surplus/(deficit) !"#!$ ! !"#!$ !"#$"%
Total Funds Brought Forward 43,232 - !"#$"$ 26,772
Total Funds Carried Forward 44,644 -
44,644
43,232

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.

!"# $%&#' %$ ()*#' +, &% +- .%/0 ()/& %. &"#'# F1$)$21)3 S&)&#0#$&'4

11

BALANCE SHEET AS AT 31 MARCH 2026

BALANCE SHEET
AS AT 31 MARCH 2026
Notes 2026 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
4
5
3,333
8,299
74,517
587
9,830
41,020
86,149 51,437
41,505 8,205
41,505 8,205
44,644 43,232
44,644 43,232
43,232
1,412
26,772
16,460
44,644 43,232

For the year ended 31 March 2026 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 30 April 2026 and signed on their behalf by

16-05-2026 | 11:08 BST ______ Michael Walls Chair of Trustees

The notes on pages 13 to 14 form part of these Financial Statements.

12

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

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

Income from:
Grants, Donations, Sponsorship,
partnership and activity
2026 2025
Unrestricted
Funds
Restricted
Funds
Total Total
£
£
£ £
Grants Income
Art Council England
The Gecko Foundation
London Borough of Tower Hamlet
Paul Hamlyn Foundation
Sub-total
Donation & Sponsorship Income
Dahabshiil
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
University of SOAS
University of Manchester
Sub-total
Activity income
Others
Sub-total
Total Income
!"# $%&'() +,-. !/,.
0%&'1,#)%' 2)3, 4#1 5,#)%',

2&.-&/ %6 +,*-.
152,415
15,000
-
58,417
-
-
22,500
152,415
15,000
22,500
58,417
150,000
15,000

25,920
225,832 22,500 248,332 190,920
-
-
1,000
-
10,000
10,000
-
-
-
-
3,000
1,000
1,000
-
4,188
-
-
-
-
-
-
-
!"#"""
!"#"""
-
3,000
10,000
10,000
1,000
3,000
10,000
10,000
-
-
-
-
3,000
1,000
1,000
-
4,188
-
-
-
-
11,000
10,000
20,000
40,682
5,000
5,000
3,000
2,500
1,000
1,000
2,000
30,188 23,000 53,188 101,182
-
-
-
-
18,759
-
4,000
3,333
18,759
-
4,000
3,333
-
-
1,600
13,528
-
- 26,092 26,092 15,128
25,258 - 25,258 22,453
25,258 - 25,258 22,453
281,278 71,592 352,870 329,683

13

2. Investment income

Bank interest income
Total
2026
2025
2026
2025
2026
2025
2026
2025
£
-
£
-
£
-
£

!"
- - -
12

3. Expenditure

Expenditure
Description Unrestricted
Fund
Restricted
Funds
2026
TOTAL
2025
TOTAL
£
£
£ £
Staff salary
Temporary staff & consultancy
Cost of generating funds
General Office Expenses
Marketing, documentation and publicity
Artists and Events
Venue Hire
Volunteers Expenses
Organisation Development
Insurance
Bank Charges
Total Expenditure
90,327 7,833
17,019 6,809
10,200 -
23,842 -
9,912 3,117
98,999 47,909
22,105 4,674
2,476 1,250
3,577 -
1,307 -
102 -
98,160
23,828
10,200
23,842
13,029

26,779
3,726
3,577
1,307
102
146,908
83,058
21,358
10,200
27,388
12,027
130,778
23,254
1,200
2,555
1,234
184
279,866 71,592 351,458 313,236

4. Debtors

Creditors
Accrued income
Prepayments
Total
2026
2025
£
£
3,333 587
8,299 -
11,632 587
2026
2025
£
£
3,333 587
8,299 -
11,632 587
2026 2025
£ £
Falling due within one year
PAYE & NI - 5,285
Accruals 3,922 1,920
Deferred Income 37,583 1,000
Total 41,505 8,205

5. Creditors

6. Related Party Transactions

There were no related party transactions for the year.

6. Trustees Expenses

The total trustees’ expenses incurred on the trustees of the charity for the year was NIL.

14