AKADEMI SOUTH ASIAN DANCE UK
Akademi - South Asian Dance UK exists to promote understanding, appreciation and excellence in South Asian dance through education, community work with disadvantaged people, performance, dance development, resources and public services.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £18,004 for the year, resulting in a decrease in total net assets from £494,620 to £476,616. The trustees report that free reserves stood at £152,215, which is within the stated policy target of £150,000 to £200,000. The charity holds no investments, with surplus cash held in notice savings and deposit accounts.
What the accounts disclose
“The joint CEOs received emoluments below £60,000 during the year.” — page 33
“Arts Council England 219,163” — page 31
“The reserves target is therefore £150k - £200k.”
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Devashree Pande
- Dr Shopitha Sivaranjan
- Hannah Jane Dye
- Jasmine Rose Man
- Jonathan James Wilden
- Martina Ghinetti
- PRAKASH KURUP
- RACHEL HARRIS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £490k | £508k |
| 31/03/2024 | £603k | £551k |
| 31/03/2023 | £510k | £471k |
| 31/03/2022 | £416k | £371k |
| 31/03/2021 | £379k | £364k |
Common questions
Is AKADEMI SOUTH ASIAN DANCE UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £18,004 for the year, resulting in a decrease in total net assets from £494,620 to £476,616. The trustees report that free reserves stood at £152,215, which is within the stated policy target of £150,000 to £200,000. The charity holds no investments, with surplus cash held in notice savings and deposit accounts. Its FY2025 accounts were independently examined.
What does the highest-paid employee of AKADEMI SOUTH ASIAN DANCE UK earn?
Per its FY2025 accounts, the highest-paid employee was in the below £60,000 band.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 13/08/2025 | £14k | Dance Well |
| City Bridge Foundation | 12/01/2022 | £70k | Grant to Akademi South Asian Dance UK |
| The National Lottery Heritage Fund | 05/11/2019 | £99k | "Akademi at 40 - archiving 40 years of Akademi's South Asian dance heritage" |
| City Bridge Foundation | 31/01/2019 | £105k | Grant to Akademi South Asian Dance UK |
| City Bridge Foundation | 23/09/2015 | £2k | Grant to Akademi South Asian Dance UK |
| The National Lottery Community Fund | 09/09/2015 | £267k | DanceWell |
| City Bridge Foundation | 28/01/2015 | £2k | Grant to Akademi South Asian Dance UK |
| The National Lottery Community Fund | 11/06/2014 | £7k | Happiness of the Mind |
| The National Lottery Community Fund | 17/03/2009 | £181k | 'Who We Are'. |
| UK government | — | £20k | Local Grants 2017/18 |