Registered number: CE009777 ## **KD Culture** **TRUSTEE FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2024** ## **KD Culture** ## **Trustees' Annual Report** ## **31st December 2024** Trustees Vinotasagary Karunasaagarar Albert Wallace Matthew Salmon Paul Radway Charity Number in England 1172328 Charity Number CE009777 Principle Address 34 Cliveland Street Hockley Birmingham B19 3SH Accountant Taxomatic Ltd 4a London Road Morden SM4 5BQ **KD Culture Trustees' Annual Report** **31st December 2024** The Trustees present their Trustees' Annual Report, combining the Trustees' Report and the financial statements for the financial year ended 31 December 2024. The financial year ended 31 December 2024 are prepared in accordance with FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Trustees' report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The Trustees of the Charity are also charity trustees for the purpose of charity law and under the charity’s constitution are known as members of the board of trustees. In this report the Trustees of KD Culture present a summary of its purpose, governance, activities, achievements and finances for the financial year ended 31 December 2024. The organisation is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the organisation has implemented its recommendations where relevant in these financial statements. Keneish Dance create invigorating interdisciplinary Contemporary Dance for everybody to experience. We make work for entertainment, creative health and Black UK Culture. We deliver high quality work across art forms for different sectors. Interested in how nature intersects with society. And are fueled by truth, the human condition and liberation. Using culture, heritage and creativity we use the arts as a tool to advance education, learning, social and personal well being. Mission, Objectives and Strategy Mission Statement The purpose of this charity is to promote: 1.The Advancement of Education and Heritage 2.The Advancement of Health and Wellbeing 3.The Advancement of Community Development 4.The Advancement of Arts/Culture within the legal definition and accepted parameters of Charity Law. KD Culture's primary 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 understanding of the specific areas of study, skills and expertise." This will be achieved by providing dance classes, physical education programmes, wellbeing and health awareness programmes (designed/targeted for specific age groups from primary school children to Senior Citizen's in residential care facilities), workshop programmes and facilities for those in primary/secondary/higher education, seminars, personal development facilities, cultural awareness and integration coaching, vocational training and academically progressive (DfE accredited) programmes open to all. KD Culture is focused not only on the physical benefits that accrue to those involved in 'dance', we define our objectives more broadly to encompass aspects of culture and collective learning, knowledge and awareness: promoting ethnic awareness and focusing on commonality of culture; both within our immediate catchment areas and nationwide. KD Culture is about giving something back to the community and providing the opportunity for those who may be denied, by virtue of finance or circumstance, the opportunity to participate in collaborative, community-based learning initiatives. Our inclusion approach is the very definition of: "the provision of facilities for recreation/leisure-time occupation in the interests of social welfare with the object of improving the conditions of life for the persons for whom the facilities are provided" (See recreational Charities Act 1958 - facilities made 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 the charity in such a way that it does not exclude sections of the community who are by definition 'poor'. Public Benefit The trustees are familiar with and operate KD Culture witgh strict regard to and observation of 'Public Benefit Requirement'. Governance the Charity was registered on 29 March 2017 as KD Culture. Fianancial Results At the end of the financial year the company has assests of £35,416 (2024- £55,167) and liabilities of £0, (2024- £0). The net assets of the company have decreased by £19,751. Approved by the Board of Trustees and duly signed on its behalf by: Albert wallace Trustee ## **KD Culture** Annual accounts for the period ended 31st December 2024 ## **Balance sheet** |**Fixed assets**
**Intangible assets**
**Tangible assets**
**_Total fixed assets_**
**Current assets**
**Debtors**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within one**
**year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after one**
**year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Restricted trust funds**
**General funds**
**_Total funds_**|**2024**
**2023**
**£**
**£**|**2024**
**2023**
**£**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| |||| ||-|-| ||35,416|56,166| ||35,416|56,166| |||| ||-|-| |||| ||35,416|56,166| |||| ||35,416|56,166| |||| ||-|-| ||-|-| |||| ||35,416|56,166| ||15,417 29,358
20,000 26,808|| ||35,416|56,166| _**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 affairs 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 (FRS102).**_ _**Approved by the board of trustees and authorised for issue and signed on its behalf by**_ Albert Wallace Trustee ## **KD Culture** Annual accounts for the period ended 31st December 2024 |**Statement of financial activities**|**Statement of financial activities**| |---|---| |**Recommended categories by activity**
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Grants from governments
other co-funders
Other
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material item of expense
Other
Other gains/(losses)
**_Reconciliation of funds:_**
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure)**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
2024
2024
2024
2023
2023
2023
2,830
12,077
14,907
4,409
35,640
40,049
43,910
43,910
42,733
15,118
57,851
63,300
2,830
66,130
5,409
5,409
66,130
58,817
124,947
47,142
56,167
103,309| ||80,071
65,626
145,697
19,199
41,942
61,141
80,071
65,626
145,697
19,199
41,942
61,141| ||13,941
-
6,809
-
20,750
-
27,943
14,225
42,168
13,941
-
6,809
-
20,750
-
27,943
14,225
42,168
29,358
26,808
56,166
1,415
12,583
13,998| ||15,417
20,000
35,416
29,358
26,808
56,166| The statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to containing activities