Acosta Dance Foundation Ltd
The promotion and advancement of the arts and in particular the arts of dance, design, lighting, stagecraft and similar and ancillary arts, together with the promotion and assistance in the advancement of public education in and knowledge of the arts of ballet, drama, music, the visual arts and the education and training of young people of moderate or limited means in these arts.
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,480,447 from £599,742 in the prior period, resulting in a net surplus of £131,782. Free reserves stood at £240,729, which the trustees consider sufficient to cover foreseeable eventualities for the next two years. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The trustees have previously stated their aim to hold a level of free reserves to cover one term of Academy expenditure. Based on the budgeted costs for the academic year starting in September 2024, this currently approximates to £90,000 per term.” — page 19
“In the period payments were made to Rupert Rohan of £6,125 (2024: £6,250) and Robert Davage of £3,375 (2024: £2,821) for legal and accountancy services respectively.”
“The Foundation received income of £200,000 (2024: £200,000) from Acosta Dance Centre Limited a company which the trustees R Rohan and C Acosta are also directors.” — page 37
Corporate structure
- Registered company of the charity Companies House 07495610
- Trading subsidiary: ACOSTA DANCE CENTRE LIMITED Companies House 13599732
- Donated/gift-aided to the charity: £200k
- Pines Art Productions (UK) Limited charged £225,000 in 2024 for professional and production services.
“The company paid £200,000 (2024: £200,000) to Acosta Dance Foundation Limited under a services and facilities agreement.”
Leadership, per the charity’s website
- Javier Torres — Managing Director
- Yaday Ponce — Artistic Director
- Aymara Vasallo — Director
Company officers (Companies House)
- CHAO-BATLLE, Raidel on trustee list
- ALTUNAGA, Miguel on trustee list
- POTTER, Fern Mindy on trustee list
- ACOSTA QUESADA, Carlos Yunior not on trustee list
- DAVAGE, Robert Arthur on trustee list
- ROHAN, Rupert Francois not on trustee list
- DAVAGE, Robert Arthur
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Carlos Yunior Acosta Quesada CBE
- FERN POTTER
- Miguel Altunaga
- ROBERT ARTHUR DAVAGE
- RUPERT FRANCOIS ROHAN BA HONS
- Raidel Chao-Batlle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.3m |
| 31/03/2024 | £600k | £302k |
| 31/08/2023 | £68k | £180k |
| 31/08/2022 | £608k | £746k |
| 31/08/2021 | £142k | £296k |
Common questions
Is Acosta Dance Foundation Ltd financially healthy?
Per its FY2025 accounts: The accounts state that total income increased to £1,480,447 from £599,742 in the prior period, resulting in a net surplus of £131,782. Free reserves stood at £240,729, which the trustees consider sufficient to cover foreseeable eventualities for the next two years. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by Gravita Audit II Limited.
Who funds Acosta Dance Foundation Ltd?
Funders whose own accounts filings name Acosta Dance Foundation Ltd as a grant recipient include THE MICHAEL BISHOP FOUNDATION, CHAPMAN CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MICHAEL BISHOP FOUNDATION | FY2025 | £1.1m | |
| CHAPMAN CHARITABLE TRUST | FY2024 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAROLD HYAM WINGATE FOUNDATION | 2 | £18k |
| THE ANDREW LLOYD WEBBER FOUNDATION | 1 | £131k |
| THE FOYLE FOUNDATION | 1 | £100k |
| The Portal Trust | 1 | £87k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £77k |
| THE WIGODER FAMILY FOUNDATION | 1 | £75k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| THE FENTON ARTS TRUST | 1 | £5k |
Charities like this
- ACS DANCE CENTRE
- DEAL MUSIC AND ARTS LIMITED
- GWENT BALLET THEATRE LIMITED
- AKRAM KHAN DANCE COMPANY
- MOUNTVIEW ACADEMY OF THEATRE ARTS LIMITED
- SOUTH LONDON THEATRE CENTRE LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Acosta Dance Foundation Ltd | £1.5m | — | — | unclear | — | no doubt |
| ACS DANCE CENTRE | £256k | — | 0 | unclear | — | no doubt |
| DEAL MUSIC AND ARTS LIMITED | £242k | — | 0 | unclear | — | no doubt |
| GWENT BALLET THEATRE LIMITED | £1.1m | — | 0 | above | — | no doubt |
| AKRAM KHAN DANCE COMPANY | £2.7m | — | 0 | above | — | no doubt |
| MOUNTVIEW ACADEMY OF THEATRE ARTS LIMITED | £9.0m | — | — | unclear | — | no doubt |