MIDLANDS ACADEMY OF DANCE AND DRAMA LIMITED
Education and instuction in Dance and Drama
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £37,209 for the year ended 31 July 2025, reversing a previous deficit. Per the trustees' report, unrestricted reserves increased to £50,398, supported by a rise in cash in bank to £34,413. The charity maintains a reserves policy to mitigate the risk of student fee defaults.
What the accounts disclose
“Reserves are required to mitigate the risk of students defaulting on fees so the charity can meet all of its financial obligations. We plan on maintaining our reserves despite increases in utility costs and increase of the number of students completing HNC's, HND's and BTEC's.” — page 6
Trustees
- Adrian Keane
- David Hallam
- Harpreet Dhillon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £308k | £270k |
| 31/07/2024 | £275k | £313k |
| 31/07/2023 | £386k | £353k |
| 31/07/2022 | £365k | £370k |
| 31/07/2021 | £415k | £380k |
Common questions
Is MIDLANDS ACADEMY OF DANCE AND DRAMA LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £37,209 for the year ended 31 July 2025, reversing a previous deficit. Per the trustees' report, unrestricted reserves increased to £50,398, supported by a rise in cash in bank to £34,413. The charity maintains a reserves policy to mitigate the risk of student fee defaults. Its FY2025 accounts were independently examined.