Registered number.. CE009777 KD Culture TRUSTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2023
KD Culture IA Charitable Incorporated OrBanisation} TRUSTEES, ANNUAL REPORT Trustees Mathew Salmon Nicola Miller Paul Radway Albert Wallace Vinotasagary Karunasaagarar Charity Number in England 1172328 Charity Number CE009777 Principle Address 144 Potters Lane Birmingham B6 4UU Accountant Taxassist Accountants 16 Leighswood Road Aldridge Walsall Ws9 8AA
KD Cultvre IA Charitable Inctsrporated Organisationl TRUSTEES, ANNUAL REPORT for the financial year ended December 2023 The Trustees present their Trustee5' Anrnual Report. combinine ihe Trustees. Report and the financial statements for the financial year Ènded 31 De£emeber 2023. The financial year ended 31 Decemeber 2023 a¥e prepared in accordance with FR5102 'The financial Reporting Standard applicable in the UK and Republic of Ireland. and Accounting and Reporting by Charitie5.' Staternent of Recomrnended Practice applicable to charities preparing theiT financial statements in accordance wilh the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. The Trustees, report contain5 the information required to be provided in ihe Trustees, Annual Report under the Statement of Recornrnended Pra£tice ISORPI guidelines. The TiustÈes' of the Charity are also ch3ritv trustee5 for the purpose of charity law and under the chariiy's consitutution are known as members of the board of trustees. In this report the Trustees of KD Culture present a summary of its purpose. governance. activties,achievement5 and finance5 lor the financial year Ènded 31 December 2023. The organisation is a registered charity and hence the report and rewlts are pre5eDted in 3 forni which complie5 wlth the requirements of the CompaniesAct 26 and, although not obliged to comply with the Statement of RecommendÈd Practice applicable in the UK and RÈpublic of Ireland IFRS 1021 leffettive l January 20151, the organisation ha5 implmented it5 recommendation5 where relevant in thesÈ financial 5tateTnents. Keneish Dance create invigorating inierdisciplinary Contemporary Dance for everybody to experience. We make work lor entertainment. creative health and Black UK Culturewe deliver high quality work across art forms for diffÈrent sector5. Interested in how nature intersects with society. And a fuÈled by truth, the human condition and liberation. Using tuliure. heritage and creativity we use ihe arts as a tool to advance education, learnin& Social and personal well beinK. Mission, Oblectlves and Stretegy Mission siatement The purpose of thi5 thariry is to promote.. 11 The Advancement of Education and Heritage 21 The Advancement ol HÈalth and WellbeinR 31 The AdvancemÈnt ol Comrnunity Development 41 The Advancement of Arts/Culture within thÈ legal definition and accepted parameters of Charity Law. KD Culture's prirnary goals are in keeping with the above 4 core objectives in that we will..'Promote.sustain, and increase both the individual and collective knowledge and undersianding of thÈ specific areas of study. skills and expertise. This wi11 be achieved by providing dance classes. physical education programmes. wellbeing and health awaretiess programmes Idesignedltargeted for specifi£ age groups from primary school childern to Senior Citizen's In residenital care lacilitiesl. workshop programmes and facilities for those in primarylsecondarylhigher education, seminars, personal development faciliiies. cultural awareness and integration coachinL vocational traininE and academically progressive IDfE accreditedl programmes open to all. KD Culture is focused not only on the physical beneftts that accwe io those involved in'daoce,. we define our obieciives more broadly to encompass aspects ol culture and collective learning. knowledge and awarene5S'. promoting ethnic awarene55 aThd focv5ing on cornmonality of (Ultv.. both within our immediate catchment areas and narionawide. KD Culture is about givinE Something back to the community and providing the opportunity for th05e who MBV be dÈnied, by virtue ol finance or circumstance. the oppoilunity to participate in collaborative, community based Our inclusion approach is the very definition of..'the prow5ioTh of fatilitie5 for recieationNeisure-time occupation in the inierest5 of soiial welfare with the object ol improvbng the conditions of life for the persons for whorn Ihey are intended. (See recreational Charities act 1958- facilities madÈ available to thÈ public as a whole).
KD Culturè IA Charitable Incorporated Organisationl TRUSTEES, ANNUAL REPORT for the financial year ended December 2023 KD Culture sets out to operate in full compliance with the Charities Act 2011. In particular, with regard to funding the Charity and charging for services which are offered to the public at large.. The Trustees operate thecharity in such a way that it doe5 not exclude sections of the community who are by definition'poor,. Public Benellt The trustees are familiar with and operate KD Culture witgh strict regard to and observation ol'Public Benefit Requirement,. Govemance the Charity was registered on 29 March 2017 as KD Culture. Fiananclal Results At the end ol the financial year the company ha5 a55e5ts of £55.16612023- £13.9981 and liabilities of £0,12023- £01. The net assets of the company have increased by E42.218. Approved by the Board of Trustees and duly signed on its behalf by.. Albert wallace Trustee
KD Culture IA Charitable Incorporated Organi53tion} BALANCE SHEET for the financial year ended December 2023 2023 2022 Fixed Assets Tangible Assets Current Assets Debtors Cash at bank and in hand 56,166 56,166 13,998 13,998 Creditors.. Amounts falling due within one year Net Current Assets 56,166 13,998 Total Assets less Current Liabilities 56,166 13,998 Funds Restricted trust funds General fund lunrestrictedl 29,358 26,808 1,415 12,583 Total funds 56,166 13,998 The trustees acknowledge their responsibilties for ensuring that the Charity keeps accounting records which comply with the Charity Commission and for preparing finaincial statements which give a true and fair view of the state of alfairs of the charity as at the end of its profit and loss for the financial year. The financial statements have been prepared in accordanec with the Charities SORP IFRS1021. Approved by the board of trustees and authorised for issue and signed on its behalf by Albert Wallace Trustee
KD Culture IA Charitable Incorporated Organisarionl STATEMENT OF FINANCIAL ACTIVITIES (incorporating an income and Expenditure Account) for the financial year ended 31 Decembei 2023 UnrestrF¢ted Restricted Total Funds Funds Unrestricted Restricted Funds Funds Total Z023 2023 2023 2022 2022 2022 Income Charitable activities Grants from Eovernments d other co-lunders Other income 4.409 42.733 35,640 15.118.21 S409 40.049 57.851 5.409 13.740 24.000 37.740 Total Income 47,142 56.167 103.309 13.740 24,0(X) 37.740 Expendlture 19.199 41.942 61.141 14.440 30.517 44.957 Oiher expenditure Total expendituie 19.199 41.942 61.141 14,440 30,517 44,957 Net Incomellexpendliurel 27,943 14.225 42.168 7¢X) 6,517 7,217 Net movement In funds for the financial year 27.943 14.225 42,168 700 6.517 7,217 Re¢onciliation of funds Balances brought forward at l January 2023 1,415 12.583 13.998 2.115 19.1 21.215 Balances carrled forward 29.358 26.808 56,166 1.415 12,583 13,998 at 310ecember 2023 The statement of Financi31 Aciivities includes all gains and losses recognised in the finaniial year. All income and expenditure realte to contining a£ltivites