Company reglstration number.. 06067760 Charity registration number.. 1183582 KAKILANG LTD TRUSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Kakilang Ltd Contents Page Trustees, Report Independent Examiner's Report io Statement of Flnancial Activitles Ilncludlng Income and Expendlture Account) Comparative Statement of Financial Activities (including Incorne and Expenditure Account) 12 statement of Financial Position 13 Notes to the Financial Statements 14-L8
Kakllang Ltd Company No. 06067760 Trustees. Report For The Year Ended 31 March 2025 The trustees psent their report and the fi'nancial statements for the year ended 31 March 2025. ObJertlve$ gnd Actlvltles Alms and Objectlves Kakilang 5 Vi510n 15 Coming Together Through Art. Our rnission is to produce and present world-clas5 art. and pioneer multi- disciplinary artfomis from a wide specrrurn of Southeast and East AsSan voices. Kakilang's values include those below.. We bring people together through art. We build art that demands Equality. We create with art15ts at the core. We generate a space where art fomis Intersect, Insplre, play wlth and talk to each other. We raise awareness. and seek ways to address laryer global issues, by engaging people through the arts. The Trustees review the charity's activities and annual business plan in line with these objectives. vision and tlli5sion each year. The annual business plan is also enijorsed by Arts Council Englantj. Each year the Trustees, the permanent team and a representatlve of Arts Councll England carry out an Annual Perfomiance Review of the company. The Review of 2024125 with Arts Council England took place on 19 June 2024. Public Benefit The charity s objettives a to advance the arts for the public benefit by the promotion in particular, but not exclusivelyi of the vlsual, performlng and dlgltal arts. The Trustee5 refer to the Charity Comrnission 5 guidance on public benefit when setting out the charity's objective5 and reviewlng the charity's a¢tlvSties and achievements for thls report. The trustees confimi that they have cotnplied with the reqU1ments of Section 17 of the Charities Act 2011 to have due regard to the Charlty Commlsslon's guldance on public beneflt. Achlevements and Perforniance Maln Achlevements In the financial year 2024125, our team, comprlsed of a two Interim Executive Directors11 stepped down on 31 March 20251, and Artistic Director/Co-CEO lin post frorn 16 December 20241. two Associate Artistic Oirertor5 Isi Rawlinso stepped down on 26 December 2024 an¢ Daniel York Loh on 21 February 20251. Diana Cheung was appolnted as part time Producer on October 21. 2024. but stepped down on 31 March 2025 due to accepting a full time position elsewhere. The existing staff consisted of a General Manager, a Head of Marketing and Audience Development, and an Arts and Communlty Producer. they were responsible for delivering and maintaining an ambitious and high quality programme throughout 24125, with Board oversight and pOrtIng. We continued to expand our reach and establish ourselves as a company set on producing high quality art since our rebrand from Chinese Arts Now to Kakilang in October 2022. We have received overwhelmingly positive feedback for our work. Through working with new and established partnerships with a diverse range of organisations like Soho Theatre, Omnibus Theatre, Hoxton Hall, the ESEA Community Centre, The Place, Voice ESEA, we presented a groundbreaking new Kakilang Production, The Dao of UnPresented British Chinese Experience, continued to grow our Cotnmunity Engagement strantj, and developed new audlences. Kakilang Productions The D80 ol Unrepresent8tlve Brltlsh Chlnese Experlen A550ciate Artistic D1Ctor Daniel York Loh created and presented the UK premiere of his new 5emi-autibiographical, psychedellc, punk rock show, The Dao of Unrepresentatlve British Chlnese Experience. Inspired by his personal story, the show is written by York Loh who also performs in the show. Semi-autobiographical and explosive. Daniel York Loh's psycheéelic gig-theatrical punk pop rap rock riff on what path to choose, which identity politics to embrace or whether It's Just easier to follow the'Dao' of ancient Chinese philosopher Zhuangzi and dream you're a buttethy. Or, be a butterNy dreaming of being 'Chinese'... The 'British Chinese,. So often regarded a5 a'rnodel tninority,. Quiet, high-achievingi polite, Invlslble... But when someone who Is 'Brltlsh Chinese, spends thelr Ilfe taklng drugs, getting thrown out of school, clalming benefits. being chased in stolen cars. getting locked up. then rehabilitating onto the stage. where do they fit in? Oh. and they're not quite'chinese, enough anyway. Key Flgures & Outcomes: .CONTINUED Page I
Kakilang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Main Achievements - continued Ticket Sales: 1,709 tickets sold laveftge 71 per performance) Award Recognltlon: Nominated for an Offie Award In the Performance Piece category Media Coverage.. 35 pieces secured through PR campaign led by Chloe Nelkin Public & Criti¢•l Reception: Posltive press reviews and audience vo% pops) Impact on Company: Elevated organisational profile thmugh stmng media presence and award nomination Showcase British Chinese/ESEA narratives in mainstream cultural venues in London First long run production for Kakilang Support of ESEA leadership and artistic growth in sector 7 community engagement pieces of work were delivered for Dao, as well as promoting the show via numerous emails to community participants. We organised a gmup show discount for 7 Goldsmiths Festival MA students, offering them the opportunity to engage directly with the production as part of their academic and creative development. In collaboration with the National Youth Theatre INYfl, we delivered 3 bespoke storytelling workshop led by Daniel at their premises, which wa5 attended by 14 participant5. We arranged a group discount for 5 rnetnbers, enabling these young creatives io experience the produciion. A rapid-response writing and perforrnance collaboration was developed with Synergy Theatre, an organi5ation that works with people who have lived experience of the criminal justice system-one of the central themes of the play. The collaboration Included free tickets to the show, a bespoke workshop led by Daniel in their Brixton House space. access to rehearsal space, and a pre-5how sharing event at Soho Theatre where participants presented their creative re5pon5e5 to an Invited audience of family, friends, 8nd the Kakilang team. In tot81, 9 Synergy participants took part, supported by I paid director and 2 paid ESEA actors, with 31 people attending the private sharing event. We also worked in partnership with On Your Side, End Violence and Racism, and Protection Approaches to provide a ca package within the digital freesheet. This resource offered support for audience members affected by the show's themes of racism and violence. In addition, we delivered an online hate crime awareness workshop to extend this work into a practical and educational context. All audience members had access to the care package via the digital freesheet, and 4 individuals attended the online workshop. To further contextualise the show's themes, we hosted a panel discussion at Soho Theatre featuring 3 external speakers.. Leda Yang, Business Operations, Communications and Prograrnming at Hackney Chinese Comrnunity cent,. Esther Baker, founder of Synergy Theatre., and Jassa Ahluwalia, writer of Both Not Half and actor. The discussion explored key Ideas around mixed identity, racism, and reclaitning agency through the arts. Approximately 22 audience rnetnbers attended the event. We also collaborated with the British Chinese Society to arrange a group visit to the show, followed by a rneet-and-greet with the cast. This provided an opportunity for community members to connect with the artists and discuss shared experiences and cultural perspectives. Around 15 people attended as part of this initiative. Finally. we worked with Outside Edge, the UK'S only theatre organisation supporting people with lived experience of addiction-another key therne explored in the production. 10 free tickets were provided for Outside Edge mernbers, allowing them to attend and engage with the performance in a supportive and relevant context. All of this 3Ctivity enabled us to reach new, and often underrepresented. audiences, Increasing engagement with our work and increasing awarene55 of us and ESEA art5 a5 a whole. The Lonesome Death ot Eng Bunker In collaboration with Wattle & Daub, Kaki13ng co-produced The Lonesome Death of Eng Bunker at the Omnibus Theatre for 5 performances. On January 17th 1874, Eng Bunker woke to discover hls brother Chang was dead. The twin brothers, Slamese Immlgrants and entertainers who had carved out an uneasy space in the rotten heart of the American Dream, were conjoined by a band of cartilage and shared a liver. This is the story of Eng'5 final hours,. alone for the first tirne in his life. Using puppetryi uSIc and striptease, this is a gothic horror about the brutal cost of assimilation, being entirely alone in the universe, 3nd about waking up tethered to a dead body. In September 2024, we delivered 2 Augernted Reality & Puppetry workshops at Hoxton Hall, to allow people to engage with the core genre of the show In a hands-on and contemporary context. The workshops were led by acc13imed puppet maker, Mikayla Teodoro (Totoro, 101 Dalmations, Lion Kingl, and talented art and technology artlst Donald Shek. 17 participants attended. .CONTINUED Page 2
Kakilang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Main Achievements - continued Kakilang h05ted a post-5how panel di5CU55lOn With Tobi P05ter-Su (the creator and performer of the show) Iskandar R. Shar3zuddin Idirectorl during the press night, to enable the audience to ask questions and learn more about the making and context of the show. Over 60 people attended In person and around 10 attended on Instagram live. Creatlve Lab 2.0 Creative Lab (CLI 2.0 took p13ce at Rich Mix, London, from February to May 2025. For £10, creatives took part in up to 8 interdisciplinary work5hop5 each led by 2 leading and mostly ESEA practitioners, connerting with like-rninded creative5 and expanding their skills and network. Our CL programme is for primarily, but not exclusively, emerging and mid-career ESEA creatives to upskill and experiment with new artistic mediums and tools across performing and visual arts, e.g. augmented realityi clowning, puppetryi video technologyi sound design, and oral histories. Participants then took advantage of 5 days worth of free rehearsallmake space to create new, scratch work Inspired by the workshops (the Development Period), which was presented to family and friends, and any industry leader5 they wish to invite, in a private sharing event. We pmvided 3 x £200 bursaries for participants In need, to assist with travel, childcare and any other costs. This included a participant who is an asylum seeker. We also provided a professional development opportunity with a £600 stipend to bring on board a participant as the Artist Liaison to assist us with the Development Period and sharing event. Over 76 partlclpants accessed Creatlve Lab 2024 across the programme, wlth an average of 19 partlclpants per workshop. 10 participants took advantage of the free rnakelrehearsal space. 9 works were presented at the scratch to an audience of around 100 people. ommunity Ertgagement PrOgrMM * FOCV Youth Taster Sesslon (2025) We deliVed this FOCV taster session for young people below the age of 18 at ESEA Community Centre in Hackney. to test out interest and in preparation for our subseouent 4 youth programmes being delivered with Lightbulb Trust Funding in 2025. A total of 10 people signed up between ESEA Community Centre and Kakilang, with 4 people attending, aged between 11 to 20. We suspect that the free nature of the workshop tnay have resulted in a higher dropout rate, as some participants Felt less obligated to atiend. Despite the low turnout, the session was successful and rewarding. The participants were engaged, supportive of one another, and eager to try new activities. They asked many thoughtful questions and inteTrcted well with the workshop leaders. Iris. 12 years old.. "It Wa5 very fun! I enjoyed creating tny body map." Aidan, 15 years old.. "It was a very worthwhile experience and I allY enjoyed how interactive the workshop was. Thank you!- Tik, 19 years old.. "I didn't know what to expect as I am from Leicester, in London for a weekend to explore the art scene and came across this workshop via Eventbrite. I have not heard of Kakilang or ESEA Community Centre before, but I will keep an eye out for their future eventslworkshop5. 1 thoroughly enjoyed today and it was great to get to know the workshop leaders, as I am Interested In starring a career In the arts. The learnings from this workshop has been very helpful for planning and delivering our youth pmgramrnes in 25126. which is enabling us to reach younger people and help them access art at an eadier age. nin Y kik M As part of our Support-in-Kind work, we supported Yukiko Isavlng Face performer., dancer and choreographer) wlth her 'Ronin' sharing In October 2024, a new immersive theatre. dance and sword production exploring Japanese female narratives being produced by The Place, London. Katrina organised ft>r 3 community Participants to attend the sharing as critical friends, offering feedback to help the development of the work. We a150 delivered a sword and rnovement workshop at The Place in Novetnber 2024, led by Si Rawlin50n and Yukiko. Thi5 was very popular with the 20 places filllng up in a few days. This kind of work enables us to support more ESEA artists and nurture long-term relationships with artists and partners. Moongate Mix x Kakilang - ASIAN IS THE NEW COMEDY & ROCK'N. ROLL II Lo¢ation: Omnibus Theatre Date.. 9 September IESEA Heritage Monthl Activity Overview: .CONTINUED Page 3
Kakllang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Main Achievements - continued ve comedyi music, and cultural evening featuring ESEA performers and stalls, with fwd pop-up and exhibition. Key Figures & Outcomes: Tl¢ket S•le$.' 52 tlckets sold 15 compsl Addition31 Sales: l Dao playtext sold Audience Demo9raphi¢.' Approx. 80% ESEA audience Performers: Jason Kwan, Huge Davies, Rla Llna, Cathy laln Food & Stslls.. Malaysian pop-up kitchen GWEILO and arts 5ta115/exhibition by Donald Shek Feedback Hlghllghts: Audience: -Fun evening out. ESEA talents at their best.- Artlsts: "I don't thlnk I have perforrned in front of such a large ESEA audience before." Imp4¢t on Compwny: Colkboration with another ESEA organisation, artist and food vendor to celebrate ESEA Heritage Month IntroduceL1 new audiences to Kakilanglmoongate Mix and inCaSed comrnunity engagement Demonstrated dernand for comedic and social events within the ESEA cornrnunityy exploring this strand going forward. Litde TASTE LatiOn.. Looking Glass Cocktsil Bar Dzte: Tuesday 5 November Actlvlty Overvlew: A multidisciplinary performance night featuring emerging Queer artists, hosted by a drag king with live DJ. Key Flgures & Outcomes: Tlckets Sold.. 31 1+ 10 compsl Audience Demographic.. 90% ESEA audience Artists Selected via Open Call: (£100 contribution fee) Mild Peril • Shannon Ong • Matt Tam v Jash Yuan Addltlonal: DJ shane Idaebakl and host Slgi Moonlight Feedback Hlghllghts: Audience.. 'It was such a beautiful night, celebrating queer artists." Artists- "Thank you... such a fantastic nightl It was a joy to be part of this event.- Impa¢t on Company: Expanded Kakilang's reach into LGBTQ+ and nightlife space5, continue to support ESEA queer communities Demonstrated abillty to platform emerging talent and communlty-drSven curatlon Bullt new networks In non-tradltlonal performance venues (New bar venue) uture Plan New Leadershlp Thi5 year saw significant changes in Kakilang s leadership structu, with time being taken for flectIon on the most ppmprlate structure movlng forward. In June 2023, former Artlstlc Dlrector/CEO, An-Thng Chang, stepped down from her role. Natslie Chan wa5 then appointed as Director/CEO. beginning on I Septernber 2023. Stepping down on 21 March 2024. At the end of March 2024, two stsff members, Joey Jepps, General Manager, and Katrina Man, Arts and Communlty Producer were appointed Interim Co-Executive Directors, taking on some responsibilities previously held by the (Artistic) DirectorjCEO. This Structu continued into 2024125 as proper refiection on the most appropriate strutture was undertaken. ..CONTtNUED Page 4
Kakilang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Main Achievements - continued M05t of the rest of the tearn, including two A55ociate Artistic D1ctOrS reained, thefore we were confident that the is appropriate leadership and teamwork in place to continue to drive Kakilang's future plans. In December 2024, the organisation appointed a new Artistic DirectorlCo-CEO Howl Yuan, with an Executive Director/Co-CEO appointtnent planned for early summer 2025. Kakilang Commissions In 202412025, we were thrilled to receive over 100 applications for our open call cornmissions. The creativity and arnbition on display were truly inspiring, and we're gTrteful to everyone who shared their work with us. We commissioned 4 new works by ESEA artists - two performing arts projects and two non-perforrning arts commissions. Kakilang will support their work with the intention to have them publicly psented in 25126 and 26/27. l. Elisabeth Gunawan & KISS WITNESS Project.. Prayers for a Hungry Ghost About the artist5.' KISS WITNESS is an independent theatre collertive creating IMers1ve headphone-theatre experiences., their debut won the Charlle Hartlll Award and they've had sold-out runs at VOILAI Festival and beyond. 2. Xin Wen and IJ Agcaolli Project.. 2025PCM About the artists.. Xin and JJ a a London-ba5ed duo blending etnerying technologies with spatial design,. their experimentsl fllm and immersive work has toured major international venues, and they co-founded Many Projects Studlo in 2024 3. Eelyn Lee Project.. Ancestral Futures 'ffjiffiLii About the artist.. Eelyn Lee is an award-winning Hong Kong-English artist and filmmaker whose immersive works explore identity and grief through ritual, costume, and sound. 4. Shayshay Project.. Untitled Japanese Internment Play About the artist.. Shayshay Ithey/thernl is a non-binary playwright and screenwriter using transatlantic comedy to examine race and queerness,. co-founder of Pan-Asian cabaret collective The Bitten Peach. Flnan¢l?l Revlew Financial Position The Charity remains financially sound. During the year the Charity made a small deficit of I£10,153112024 surplus £51,664). Income In the year was £225,265 12024 £323,469). The Charity had an accumulated surplus of £190,381 at 31st March 2025 of which £171,881 12024.. £156,284) was unrestricted and £18,500 12024 .. £44,250) was restricted. Primary fundin9 $our¢es The company's main source of income is Arts Council England. Alongside this regular support, the organisation receives incorne from ticket sales. pmduction income, fundraising and donations. We achieved great fundraising success from trLJSts and foundations in 2022/23, which include rnulti-year funding that carried into 2024125, pmviding long term stability for the company. Fundraising and Donations Financiallyi we achieved success with an incorne exceeding £225,265. The successful funding bid5 With the John Ellerman Foundatlon (£90,000 over three yearsl and the Paul Hamlyn Foundation (£60,000 over two years) in 2022123 strengthened our financial stability. In addition, £5,000 of funding was secured frotn the Cockayne Foundation to Support the pmduction of The Dao of Unrepresentative Brltish Chinese Experience. The company makes appllcatlons direcdy to sponsors, trusts and foundatlons and potential donors, and does not use professional fundraisers. Page 5
Kakilang Ltd Trustees. Report {continued} For The Year Ended 31 March 2025 Reserves Policy Kakilang'5 Reserves Policy is to actuUlate and maintain a Reserve Fund equal to approximately 6 months running cost5, excluding expenditure related to Kaki13ng Productions and 3ny other m3jor projects lestimated at £lOO,0001. The company's current Reserve Fund totalled £53,943 at 31st March 2025. Going Concern Having reviewed the cornpany's performance, its current reserves status and the on-going support of Arts Council England, the Trustees have no concerns reg3rding the company's ability to continue as a going concern. Structure. Governance and Management Govemlng Document Structure. Governance and Management Kakilang rnited Iforrnerly Chinese Arts Now Limited or CANI was founded in 2007. The company becarne a National Portfolio Organisation, receiving annual funding support from Arts Council England, on 1st April 2018. We applied to continue as an NPO in May 2022, and received the decision In November 2022 that we have received continued regular funding for at least three years from 1st April 2023. Art5 Council England has announced they will be extending the current NPO period to 31st March 2027, subject to applying for yearly extensions. Day to day management of the cornpany is delegated to a permanent team. From l April 2024 and 16 December 2024. the COmPanV Wa5 in a leadership interirn phase, with no appointed CEO. The previou5 CEO left on 21 March 2023, in the previous financial year. Day-to-day operations were upkept by joey lepps and Katrina Nan as interim Co-Executive Directors. From 16 Decernber 2024, Kakilang appointed Howl Cheng Po Yuan as Artistic DirectorlCo-CEO, with plans for an Executive Director/Co-CEO to be recruited in the financial year 25126. When the company mounts productions and other activities, it engages freelance artists, Marketing and production staff on an as required basis. The oryani5ation is a company limited by guarantee without share capital. The guarantee of copanY rnember5 15 £1. The company was incorpor3ted on 25 january 2007 and is governed by Articles of Associ3tion dated 14 luly 2021. The Cotnpany changed Its name from Chinese Arts Now to Kakilang Limited on 13 October 2022. The company achieved charity statu5 in May 2019. Charitable status enables it to increase its future fundraising efforts and Is essentlal to irs plans to dlversify Income streams. The registered tharity number is.. 1183582. During the year, we witnessed changes In our Board of Directors with three members resigning, making the total number of Directors five as of 31 March 2025. One further Trustee is the Treasurer and will stay into earfy 25126 to ensure continued business operations, but has plans to step-down early Summer 2025. Kakllang will recrult a further 4 Trustees before Surnmer 2025, resulting In 8 Trustee5 by September 2025. All Trustees are volunteers and fftceive no benefits from the organisation. Trustee Selection Methods Trustees. recrultment Inductlon and tralnlng When appmprlate, Kakilang recruits new Trustees by widely promotlng the opportunitles available wlth a particular ernphasis on diversity. Trustees are formally appointed by the existing Trustees, on the basis of the skills, knowledge and Ilfe experience they bring to the organisation. New Trustees are offered a full Induction to the Board, Includlng discusslons with the Chair and senlor staff, and provision of levant documentation (including Articles, Financial StatetHents. and cornpany policies). Attention is drawn to the guidance available fmm the Charity Comrnissitsn. Remuneratlon of key management personnel Due to staff turnover throughout the year. key management personnel comprise of all staff members and the Board of Trustees (all unpaid). Staff rernuneration is set in the annual budget in line with industry standards and the annual budget Is reviewed and approved by the Trustees. Page 6
Kakllang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Risk management The Tru5tee5 tnonitor potential risk to the company in all aa$ thmugh a risk gIster that is reviewed by the Trustees every 3 months at Board Meetlngs. Addltlonally, the comFkny's permanent learn rnembers regulady carry out rlsk assessments as part of their work and all staff are given Health and Safety Executive information about health and safety at work. The company's productions and other presentations take place in venues managed by third parties. The producers of each show carry out Health and Safety risk assessments at each venue. The major risks identified by the company are- ErnsUng enough work Is In development for future programmlng, fulfllllng our audlence developrnent strategy National and global politics irnpacting rnission and vision Reputational risk acmss sector, stakeholders, and funders, due to leadership instability in pViouS financial year Interim leadership structure and lack of artistic direction Not achieving fundraising taryets for the year Failing to reach income target for the financial year There is an interim leadehIP structure consisting of two interim Co-Executive Directors, appointed from existing staff. Appmpriate training has been identified for the two Co-Executive Directors to improve any gaps in their knowledge and to pmperly support thelr development. Kakilang s Board of Trustees stayed in close contact and cornmunicatlon wlth interlm directors and closely monitored operational and artistic delivery with a focus on financial resilience. To ensure income taryets are closely tn0n1tod throughout the year, Kakilang produces an engaging progratnme that exemplifles Kakllang's commitment to hlgh quality art, closely monltoring income agalnst the budget perfodlcally and developing production and marketing plans in tandem. The Board and staff are continuing to review and taking appropriate attion to mitigate these risks as far as feasible. Page 7
Kakllang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Reference and Administrative Details Trustees Ms Mauen Chu Ms Natasha Betteridge Dr Broderick Chow Ms Emily Beswick Ms Jui-Lan Lee Ire5igned 28102120251 Mr Tom Curteis (appointed 0210512025) Mr Peter Hodges {re5igned 3110112025) Mr Peter Ho¢ges {signed 3110112025) Mr Pojuei Chou (resigned 28102120251 Ms Viola Jardon lappointed 02105120251 Ms Borfm (appolnted 02105120251 Ms Anna Leckie (appointed 0210512025) Mrs Lai Wong (appointed 26102120251 ISIgned 26103120251 Company Secretary Mr Joey Jepp5 (appointed 10/1012024) Charity Number 1183582 Company Number 06067760 Independent Examiner Caroline Clarke ACA Clarke + Wells Gmund Hoor 66 High Street Lewes East Su5sexBN7 IXG Page 8
Kakllang Ltd Trustees. Report (continued) For The Year Ended 31 March 2025 Small Company Rules Thi5 report has been prepared in accordance with the special provisions lating to companies subject to the small companies girne within Part 15 of the Companies Art 2006. The trustees. report was approved by the board of trustees and signed on its behalf by.. Dr Broderfck Chow Trustee L6th Dember 2025 Page 9
Kakllang Ltd Independent Examiner's Report to the Trustees of Kakilang Ltd For The Year Ended 31 March 2025 I report to the charity trustees on rny examination of the accounts of the Company for the year ended 31 March 2025. Responsibilitie5 and Basi5 of Report As the charlty trustees of the Company land also Its dlrectors for the purposes of company lawl, you are responslble for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 fthe 2006 Art"). Having satisfied myself that the accounts of the Company are not Quired to be audited under Part 16 of the 2006 Act and are ellglble for independent exarnlnatlon, I report In respett of my examinatlon of your charlty s accounts as carrled out under section 145 of the Charities Act 2011 1.the 2011 Act?. In carrying out rny examination I have followed the Directions given by the Charity Commission under settion 145151 Ibl of the 2011 Act. Independent Ex4mlnerfs Ststement I have completed my examination. I confirm that no matters have come to rny attention in connection with the examination giving me cause to believe- l. accounting records were not kept in respect of the Company as quI by section 386 of the 2006 Act. or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting qu1MentS of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and falr vlew, which Is not a matter consldered as part of an Independent examination- or 4. the accounts have not been ppafft in accordance with the methods and principles of the Statement of Recornmended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reportlllg Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters In connection with the examination to whlch attention should be dt7wn in this report in order to enable a proper understanding of the accounts to be reached. Caroline Clarke ACA 16th December 2025 Clarke + Wells Ground Floor 66 High Street Lewes East Sussex BN7 IXG Page 10
Kakilang Ltd statement of Financial Activities {including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Unrestrlcted Restrlcted funds funds Total funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. Pmmotion of the Arts 178,574 30.000 208.574 267.570 14,548 2,143 14,548 2,143 55,899 Investments 195,265 30,000 225,265 323,469 EXPENDITURE ON: Charitable activities.. Pmmotion of the Arts 1179,6681 155,7501 1235,4181 1271,8051 NET (EXPENDITURE)/INCOME 15,597 125,7501 110,1531 51,664 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 15,597 125,7501 110,1531 51,664 156,284 44.250 200,534 148.870 TOTAL FUNDS CARRIED FORWARD 14 171,881 18,500 190,381 200,534 The notes on pages 14 to 18 form part of these financial statements. Page 11
Kakilang Ltd Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2024 Unrestricted Restricted fund$ fund$ Total fund$ Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. Prornotion of the Arts 207,570 60,000 267,570 55,899 55,899 263,469 60,000 323,469 EXPENDITURE ON: Charitable activities.. Prornotion of the Arts 1234,2581 137,5471 1271,8051 NET INCOME 29,211 22,453 51,664 NET MOVEMENT IN FUNDS 29,211 22,453 51.664 RECONCILIATION OF FUNDS: Total funds brought forward 127,073 21,797 148,870 TOTAL FUNDS CARRIED FORWARD 14 156,284 44,250 200,534 The notes on pages 14 to 18 form part of these financial statements. Page 12
Kakllang Ltd statement of Financial Position As At 31 March 2025 2025 2024 ilnrestrlcted Regtrlcted funds funds Total funds Totsl funds Notes CURRENT ASSETS Debtors Cash at bank and in hand li 1.825 171,957 1,825 190,457 2,187 200,593 18,500 173,782 18,500 192,282 202,780 Creditors: Amounts Falling Due Within One Year 12 {1,9011 {1,9011 12,2461 NET CURRENT ASSETS (LIABILITIES) 171.881 18.500 190.381 200.534 TOTAL ASss LESS CURRENT LIABILITIES 171,881 18,500 190,381 200,534 NET ASSETS 171,881 18,500 190,381 200,534 FUNDS OF THE CHARITY Restcted Funds Unrestrlcted Funds 18,500 171,881 44,250 156,284 TOTAL FUNDS 14 190,381 200,534 For the year ending 31 March 2025 the charitable company was entitled to exemption frorn audit under sectiofi 477 of the Companies Act 2006 lating to small cornpanie5. The members have not requlred the charltable company to obtain an audlt In accordance with sectyon 476 of the Cornpanies Act 2006. The trustees acknowledge their responsibilities for cornplying with the requirements of the Act with respect to accounting records and the preparatlon of accounts. These accounts have been prepared In accordance wlth the provlslons appllcable to companles subject to the srnall companles regime. On behalf of the ly)ard Dr Broderick Chow Trustee 16th December 2025 The notes on pages 14 to 18 form part of these flnanclal statements. Page 13
Kakilang Ltd Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Information Kakilang Ltd is a company limited by guarantee, incorporated in England & Wales, registered number 06067760 and registered charity number 1183582. The registered office Is 2. Accountlng Pollcles 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20191. Financial Reporting Standard 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland 2nd the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Fund Accounting Unrestrlcted funds can be used In accordance wlth the charitable objectives at the dlscretlon of the trustees. Designated funds comprise unrestricted funds that h3ve been set 3side by the trustees for a specific purpose. Restricted funds are to be used for specific purposes as laid down by the donor. Further explanation of the nature and purpose of each fund 15 included in the notes to the financial 5tatetnents. 2.3. Incoming Resources Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the Income will be received and that the arnount can be measured reliably. Income fro government and other grant5, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, It Is probable that the income will be received and the amount can be measured reliably and is not deferred. 2.4. Resources Expended Expenditure 15 recogni5ed once there 15 a legal or constructive obligation to rnake a payment to a third party, it is pmbable that settlement will be requlred 3nd the amount of the obligatlon can be measured reliably. Expenditure is classified under the following activity heading5'. Cost5 of raising funds relate to the costs incurred by the charitable company in inducing third parties to rnake voluntary contributions to It, as well as the cost of any activities with a fundraising purpose Expenditure on charitable attivities includes the costs of performances, festivals and activties undertaken to further the purposes of the charity and their associaied support costs Other expenditure represents those Items not falling into any other heading 2.5. Cash and Cash Equivalents Cash and cash equivalent5 are basic financial assets and include cash in hand and deposits held at call with banks. other short-term highly liouid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known arnount of cash with Insignificant risk of change In value, and bank overdrafts. 2.6. Taxation The charlty Is exempt from as all Its Income Is charltsble and applled for charltsble purposes. 3. Income from Donatlons Legacle$ 2025 Unrestri¢ted Restrirted Total funds funds funds Donations and gifts Grants 354 354 178,220 30,000 208,220 178,574 30.000 208,574 Page 14
Kakilang Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 2024 Unrestrlcted Restrlcted Total funds funds funds Donations and gifts Grants 3.636 203,934 3.636 263,934 60.000 207,570 60,000 267.570 The following grant5 are included within the total income from donations and legacies above.. 2025 Unrestricted Restricted funds fund$ Total fund$ John Ellerman Foundation Arts Council England NPO regular funding Art5 Council England Project Grant 6agri Foundation Cockayne Foundation Paul Hamlyn Foundation 30,000 30,000 178,220 178,220 178,220 30,000 208,220 2024 Unrestricted Restrirted funds funds Total funds John Ellerman Foundatlon Arts Council England NPO regular funding Arts Council England Pmject Grant Bagri Foundation Cockayne Foundation Paul Hamlyn Foundation 30,000 30,000 178,220 5,714 15,000 5,000 30,000 178,220 5,714 15,000 5,000 30,000 233,934 30,000 263,934 4. Income from Charltable Actlvltles 2025 2024 Unrestrlcted Unrestrlcted funds funds Prornotion of the Arts 14,548 55,899 5. Investment Income 2025 2024 Unrestricted Unrestrirted fund$ fund$ Bank interest receivable 2,143 Page 15
Kakilang Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 6. Analysis of Expenditure 2025 Actlvltles undertaken directly Support costs (see note 71 Totsl Promotlon of the Arts 209,273 26,145 235,418 2024 Actlvltle$ undertaken ire¢tly Support costs (see note 71 Totsl Prornotion of the Arts 249,076 22,729 271,805 7. Support Costs 2025 Promotion of the Art$ Pomises expenses.. Other premises costs General adrnln15ttIOn'. Website, marketing & promotion Legal fees Conferences, Events and Training Bank charges Other office costs 3,865 8,288 1,917 4.882 2.612 3.197 Governance costs.. AGM / board meetings expenses Independent examlner's fees 24 1,360 26,145 2024 Promotlon of the Arts Ernployee costs= Staff expenses Premises expenses.. other premises costs General admlnisintion.. Websiie, marketing & promotlon Legal fees Conferences, Events and Training Bank charge5 Other office cost5 2,500 2,519 5,560 1,543 3,888 1,039 3,508 .CONTINUED Page 16
Kakilang Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 Governance costs.. AGM / board meetlngs expenses Independent examiner's fees 222 1,950 22,729 Independent Examiner's Remuneration 2025 2024 Independent examination of the financial statements 1,360 1,950 9. Staff Costs staff costs were as follows.. 2025 2024 Wages and salarie5 Social security costs Other pension costs 128,801 5,942 3,568 111,082 6,912 2,790 138,311 120,784 No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. 10. Average Number of Employees Average number of ernployees during the year was.. 5 12024.. 71 11. Debtors 2025 2024 Due within one year Trade debtors other debtors 163 1,825 2,024 1,825 2,187 12. Creditors: Amounts Falling Due Within One Year 2025 2024 Trade clItOrS Accruals and deferred income 401 1,500 746 1,500 1,901 2,246 13. Penslon Commltments The charitable company operates a defined contribution pension scherne. The assets of the schetne are held Separately from those of the charltsble company In an independently admlnistered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £3,568 12024.. £2,790). At the statement of financial posltion date contributions of £NIL were due to the fund and are included in creditors. Page 17
Kakilang Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 14. Movement in Funds A$ at l Aprll 2024 Asat31 Expenditure March 2025 Income Unrestrlcted funds General.. General unrestricted fund 156,284 195,265 1179,6681 171,881 Restrlrted funds Restricted General Fund 44,250 30,000 155,7501 18,500 Totsl funds 200,534 225,265 1235,4181 190.381 A$ at l Aprll 2023 Asat31 Expenditure March 2024 Income Unrestrleted funds General.. General unrestricted fund 127,073 263,469 1234,2581 156,284 Restricted fund$ Restricted General Fun 21,797 60,000 137,5471 44,250 Total funds L48,870 323,469 1271,8051 200.534 IS. Transactlons wlth Trustees None of the trustees received any [nuneratIon or any other benefits from an employment with the charity or a related entity during the Crnt or pVIouS year. No trustee expen5e5 have been incurred. 16. Related Party Dlsclosures Key management personnel (including dlrectorsl recelved compensation of £115,607 12024.. £120,784) Page 18