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2025-04-05-accounts

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Annual Report and Accounts for the year ended 5 April 2025

The Trustees have pleasure in presenting the Annual Report and Accounts for the year ended 5 April 2025.

Charity name Theiya Arts

Charity number SC049652

Contact address

Trustees at the date of agreement of the Annual Report

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Chairperson
Treasurer
Trustee
Trustee
Trustee
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Structure, Governance & Management

Theiya Arts is a Scottish Charitable Incorporated Organisation (SCIO) registered with OSCR from 30 September 2019. It has a single tier structure and as such the trustees are the members of the charity.

Trustee Recruitment and Appointment

Theiya Arts was founded in 2019 byiSTheiya Arts is now run by a core team of 5 dance artists

and overseen by the board of trustees.

At Thelya Arts's AGM on 21 January 2025,

stepped down from the Theiya board of trustees, and all other current Trustees (above) were re-elected onto the board.

In 2025-26, Theiya Arts will seek to actively recruit Trustees with knowledge and experience in environmental sustainability in the arts, and with knowledge and experience in the Scottish dance sector in general.

The Board may at any time appoint any person to be a charity trustee by way of a majority vote at a board meeting. All members of the Board are trustees of the charity. Trustees are elected at the annual general meeting. There must be a minimum of three and a maximum of eight trustees.

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Aims and Objectives

The organisation’s charitable purposes are:

Theiya Arts is a leading South Asian Arts organisation based in Edinburgh, aiming to foster a vibrant, inclusive arts community that thrives on diversity and representation, making South Asian Arts an integral part of the Scottish dance ecosystem. We have 4 programme strands:

THEIYA ARTS DANCE COLLECTIVE (TADC)

The South Asian contemporary dance company of Theiya Arts, established in 2020, is a Collective of Edinburgh-based, South Asian dance artists who are committed to using ‘Arts as Activism’ and initiating dialogue about contemporary socio-political issues through the medium of South Asian Arts, within different audience contexts.

THEIYA CONNECT

This is our support programme for South Asian Arts Practitioners. Currently in its development stages, it is created to provide mentoring and producing support for individual choreographers, financial and administrative support to educators, and create performance and community engagement opportunities for practitioners.

THEIYA ARTS SCHOOL

This is our South Asian Arts education programme (Bharatanatyam, Kathak, Mohiniyattam, Bollywood, and Kandyan dance classes, and Youth Dance Development programme) for all ages and stages of learning. Running since 2019, our weekly programme comprises both group and 1-2-1 classes. As of April 2025, we run 23 classes a week, attended by a student base of 120+. Through this programme we reach children, young people and adults with an interest in South Asian Arts, young people with career aspirations with the dance and choreographic sector.

THEIYA IN THE COMMUNITY

This is our South Asian Arts outreach programme that brings South Asian Arts, South Asian Arts-inspired sensory movement sessions, and wellbeing activities to targeted demographics, delivered in collaboration with our partners. Delivering 10 to 15 sessions per week, we work with participants of various ages, abilities, and backgrounds, in particular children and young people with chronic or life-limiting illness, people with additional support needs, older people, carers, and low-income families living in areas of socio- economic deprivation.

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Participation statistics at a glance

Participation statistics at
a glance
Participation statistics at
a glance
Participation statistics at
a glance
Activity& participation
Yearto
Yearto
Yearto

Yearto

Yearto;
delivered
in Theiya Arts activities 1938
3417
4246
4114
5805
5426
(workshops&classes)

Financial Review

Receipts for the year were £123,092 and Payments were £122,256. The surplus for the year was £836.

Awards for All and Diversity and Inclusion restricted funds show an overspend in this financial year. However, the grant was received in the previous financial year and mainly spent in the current financial year.

CBSS Fellowship funds show an underspend in this financial year. However, these include late instalments of the fund for work undertaken in the previous financial year.

Reserves Policy

The trustees’ policy is to work towards building a reserves pot of 3 to 6 months of normal running costs to meet commitments and cover any unexpected expenditure. At this level the trustees feel that they would be able to continue the current activities of the charity in the event of a significant drop in income. We maintain a consistent approach to setting aside reserves which are available to be utilised prudently for emergencies and strategic investments, to align with our long-term financial sustainability vision.

Risk Management

Theiya Arts has a risk management framework designed to navigate a context marked by Volatility, Uncertainty, Complexity, and Ambiguity (VUCA), acknowledging these factors as constants within our operational environment. Our strategy was developed with the support and guidance of our trustec IEE ho is a VCISO in Information Security Strategy and Risk Management by profession. It is designed to turn VUCA challenges into opportunities for growth and innovation.

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Approved by the trustees on 22"? September 2025 and signed on their behalf by:

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Receipts and Payments Account for the year ended 5 April 2025

|||General ||Restricted|funds|funds| |---|---|---|---|---|---| ||Note|||2025|2024| |Receipts||£|£|£|£| |Grants|5|-|51,265|51,265|31,250| |Donations||4,170|-|4,170|-| |Fees||67,657|-|67,657|56,640| |Total Charitable Receipts||71,827|51,265 | 123,092||87,890| |Payments|3||||| |Freelance fees and payroll||47,001|48,083|95,084|60,293| |Strand 1-TADC Activityexpenses||3260|9,758|10,118|1,963| |Strand 2-Connect Activity expenses||-|273|273|1,642| |Strand 3-School Activity expenses||12,938|-|12,938|9,094| |Strand 4-Community Activity expenses||247|1,175|4,422|1,267| |Subscriptions||1,040|-|1,040|779| |Insurance||455|-|455|295| |Bank fees||95|-|95|85| |Other||831|-|831|-| |Total Charitable Payments||62,967|59,289 | 122,256||75,418| |Surplus/ (Deficit) forthe year||8,860|-8,024|836|12,472| |Transfer between funds|4|275|-275|-|-| |Surplus/ (Deficit) forthe year||9,135|-8,299|836|12,472| |Funds broughtforward||14,590|8,299|22,889|10,417| |Funds carried forward at|||||| |5April2025|6|23,725||23,725|22,889|

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Statement of Balances As at ended 5 April 2025

Total Total
General Restricted funds
fund funds
2025 2024
:
£ £ £ £
Bank 23,125 - 23,725 22,889
Other assets
Debtors 4,281 - 4,281
Prepayments 941 - 941 507
5,222 : 5,222
Liabilities
Creditors 4,769 4,769 5,456

The notes on pages 7 & 8 form an integral part of these accounts.

Approved by the trustees on 22" September 2025 and signed on their behalf by:

Date __—-[23/09/2025]

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Notes to the Accounts for the year ended 5 April 2025

Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the aims and objectives. The trustees maintain an unrestricted General fund for the day-to-day running of the charity.

There are five Restricted funds, some of which are grants, and some are fees for a restricted purpose. These are described in Note 5.

3 Payments breakdown Payments have been shown in more detail and the comparative figures for 2024 have been adjusted to reflect this.

4 Transfers between funds

.

These transfers represent the transfer of residual balances from the restricted funds to the General fund.

5 Restricted funds

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6 Summary of fund movements

Brought Fund Carried
forward Receipts Payments
£ £ E £ £
Unrestricted Fund
General Fund 14,590 71,827 62,967 275 23,725
Restricted funds
Santander Internship 20 1,000 1,000 -20 -
Creative Scotland 68 35,265 35,264 -69 -
Awards forAll 8,350 - 8,303 -47 -
Diversity & Inclusion 4,131 - 4,059 " -72 -
CBSS Fellowship -4,270 15,000 10,663 -67 -
TotalFunds 22.889 123,092 122256]-

if No remuneration was made to any Trustee or any connected persons during the year.

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Independent Examiner’s Report to the Trustees of Theiya Arts

| report on the accounts of the charity for the year ended 5 April 2025 which are set out on pages 5 to 8.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

have not been met, or

Signed:

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