ROYAL ACADEMY OF DANCE
The Royal Academy of Dance is a registration organisation for dance teachers, a Higher Education provider for aspiring dance teachers, an Awarding Organisation leading to proficiency in dance at a high level; and the owner of Benesh Movement Notation; and through these provides dance training, dance teacher education, and dance assessment services to students and teachers. :
Objects
(1)TO ELEVATE AND ADVANCE THE ART OF THE DANCE BY PROMOTING THE CORRECT TUITION OF DANCE IN ITS HIGHEST FORMS;(2) TO ADVANCE EDUCATION IN THE ART OF DANCE, IN PARTICULAR:(A) BY PROVIDING FACILITIES FOR DANCE, DANCE EDUCATION AND TRAINING;(B) BY SETTING UP AND MAINTAINING PROGRAMMES OF STUDY FOR THE EDUCATION AND TRAINING OF DANCERS, TEACHERS AND NOTATORS OF DANCE (SUCH PROGRAMMES TO INCLUDE, BUT NOT BE LIMITED TO, THE STUDY OF BENESH MOVEMENT NOTATION, WHENEVER APPROPRIATE);(C) BY SETTING AND CONDUCTING EXAMINATIONS IN DANCE AND THE TEACHING OF DANCE;(D) BY EDUCATING, TRAINING, ASSESSING, REGISTERING, LICENSING AND CHARTERING TEACHERS OF DANCE WHO MEET STANDARDS DETERMINED BY THE BOARD FROM TIME TO TIME; AND(E) BY PROMOTING TEACHING OF DANCE.
Financial health, per its FY2025 accounts
The accounts state that the group reported a net loss of £1,675,000 for the year ended 31 July 2025, resulting in a decrease in unrestricted net assets. The charity breached a loan covenant during the year, requiring the loan to be reclassified as a short-term liability, although the bank issued a waiver after the year end. The trustees concluded that going concern is appropriate, forecasting a continued deficit in the short term before returning to surplus by FY28.
What the accounts disclose
“Between £190,001 - £200,000* 1”
“Examination fees 12,715”
“Fundraising income increased by 12% to £800,000 (FY24: £716,000) and direct expenditure increased by 15% to £938,000 (FY24: £819,000)”
“The target for group free reserves is £3,555,000, with £3,112,000 being within charity reserves.”
“During FY25, the RAD breached a covenant associated with the term loan due to a decline in income, which resulted in an operating group loss. Since the year end the RAD has renegotiated the terms of the loan to extend for one year to 19 July 2027 and following this the bank issued a waiver after the year end.” — page 48
“During the financial year, 6 trustees (FY24: 3 trustees) received remuneration for providing services to the RAD. Payments to trustees who are also examiners, tutors and mentors were made in accordance with Articles 6.5 and 10 of the Charter.” — page 56
“Related party: Noriko Kobayashi (National Director – Japan) as owner of Kobayashi Ballet Studios Transaction: Hire of dance studios, office space and seconded staff for exams, courses, summer school and administration Cost of transaction: £57,272” — page 56
“Related party: Family member (National Director – Italy) Transaction: Payroll costs Cost of transaction: £46,235”
“Related party: Noriko Kobayashi (National Director – Japan) as owner of Kobayashi Ballet Studios Transaction: Hire of dance studios, office space and seconded staff for exams, courses, summer school and administration Cost of transaction: £57,272” — page 56
“Related party: Family member (National Director – Italy) Transaction: Payroll costs Cost of transaction: £46,235”
“Related party: Noriko Kobayashi (National Director – Japan) as owner of Kobayashi Ballet Studios Transaction: Hire of dance studios, office space and seconded staff for exams, courses, summer school and administration Cost of transaction: £57,272” — page 56
“Related party: Family member (National Director – Italy) Transaction: Payroll costs Cost of transaction: £46,235”
“Related party: Noriko Kobayashi (National Director – Japan) as owner of Kobayashi Ballet Studios Transaction: Hire of dance studios, office space and seconded staff for exams, courses, summer school and administration Cost of transaction: £57,272” — page 56
“Related party: Family member (National Director – Italy) Transaction: Payroll costs Cost of transaction: £46,235”
“Trading income (retail, licensing and royalties) Income generated by the UK trading subsidiary, together with licensing and royalty income, decreased to £1,394,000”
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Volunteers: 180
- Employees paid over £60,000: 21 (£60,001–£70,000: 10; £70,001–£80,000: 8; £90,001–£100,000: 1; £100,001–£110,000: 1; £150,001–£200,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/07/2024
- Volunteers: 180
- Employees paid over £60,000: 19 (£60,001–£70,000: 9; £70,001–£80,000: 8; £110,001–£120,000: 1; £120,001–£130,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/07/2023
- Employees paid over £60,000: 14 (£60,001–£70,000: 4; £70,001–£80,000: 8; £100,001–£110,000: 1; £110,001–£120,000: 1)
- Has a trading subsidiary
In the news
- Royal Academy of Dance welcomes ‘brilliant student’ the Queen for visit
- Royal Academy of Dance welcomes ‘brilliant student’ the Queen for visit
- Royal Academy of Dance welcomes ‘brilliant student’ the Queen for visit
- Queen Camila makes an appearance at the Royal Academy of Dance
- Queen visits Royal Academy of Dance
- Royal Academy of Dance welcomes ‘brilliant student’ the Queen for visit
- Queen Camila makes an appearance at the Royal Academy of Dance
- Royal Academy Of Dance Reveals Winners Of The Rad Awards 2026
Corporate structure
- Trading subsidiary: ROYAL ACADEMY OF DANCE ENTERPRISES LTD. Companies House 02773495 · Financial health read from its filings
- Registered company of the charity Companies House RC000436
- Turnover: £470k
- Profit before tax: £161k
- Donated/gift-aided to the charity: £161k
“The amount donated in 2025 was £160,700 (FY24: £93,750).”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Stephen Moss CBEchair
- Amy Giancarlo
- Barbara Amponsah-Abedi
- Beverly Dorothy Barbara Payne
- Catherine Ward Quinn
- Chi Cao
- Grace Anne Margaret Buskell
- IMOGEN KNIGHT
- Jane Karczewski
- Justine Anthea Hampsheir
- Mark Colin Bramwell
- Mark John Carawan
- Prof Peter Flew
- Rachel Jackson-Weingartner
- Sarah Georgina Robbins
- Sarah Margaret Haslock
- Sonia Greco
- Stephen Sacks
- Victoria Allport
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £22.4m | £24.2m |
| 31/07/2024 | £21.7m | £23.0m |
| 31/07/2023 | £22.0m | £22.1m |
| 31/07/2022 | £20.6m | £20.3m |
| 31/07/2021 | £18.7m | £16.9m |
Common questions
Is ROYAL ACADEMY OF DANCE financially healthy?
Per its FY2025 accounts: The accounts state that the group reported a net loss of £1,675,000 for the year ended 31 July 2025, resulting in a decrease in unrestricted net assets. The charity breached a loan covenant during the year, requiring the loan to be reclassified as a short-term liability, although the bank issued a waiver after the year end. The trustees concluded that going concern is appropriate, forecasting a continued deficit in the short term before returning to surplus by FY28. Its FY2025 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of ROYAL ACADEMY OF DANCE earn?
Per its FY2025 accounts, the highest-paid employee was in the £190,001 - £200,000 band.
Who funds ROYAL ACADEMY OF DANCE?
Funders whose own accounts filings name ROYAL ACADEMY OF DANCE as a grant recipient include JACK PETCHEY FOUNDATION, KUSUMA TRUST UK, THE LINBURY TRUST, THE TOMLINSON FAMILY CHARITABLE TRUST, THE FOYLE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JACK PETCHEY FOUNDATION | FY2025 | £705k | Partnership Grants (Step Into Dance) |
| JACK PETCHEY FOUNDATION | FY2022 | £513k | Step into Dance |
| KUSUMA TRUST UK | FY2023 | £200k | RAD - A New Home for Dance |
| THE LINBURY TRUST | FY2022 | £125k | Towards the landmark project to relocate the Royal Academy of Dance to a significantly larger site; second payment of £250,000 grant. |
| THE LINBURY TRUST | FY2021 | £125k | The first payment towards the Academy’s capital redevelopment. |
| THE TOMLINSON FAMILY CHARITABLE TRUST | FY2025 | £100k | |
| THE TOMLINSON FAMILY CHARITABLE TRUST | FY2024 | £100k | |
| KUSUMA TRUST UK | FY2025 | £100k | RADiate and Core Funding |
| KUSUMA TRUST UK | FY2024 | £100k | RADiate and Core Funding |
| THE FOYLE FOUNDATION | FY2021 | £75k | |
| THE CLORE DUFFIELD FOUNDATION | FY2022 | Unverified read£60k | Arts, heritage and education |
| THE LINBURY TRUST | FY2024 | £60k | Towards the purchase of the Dancing Times archive, related staff costs, and using the archive in the Royal Academy of Dance’s education and outreach programmes. |
| THE HEADLEY TRUST | FY2024 | £50k | Towards bursary support for UK students on Certificate in Dance Teaching (Ballet) and Professional Dancers Graduate Teaching Diploma. |
| THE HOBSON CHARITY LIMITED | FY2022 | £25k | Theatre |
| THE DORFMAN FOUNDATION | FY2024 | £15k | |
| THE DORFMAN FOUNDATION | FY2023 | £15k | |
| The Ethos Foundation | FY2023 | £13k | Other smaller grants |
| MARIA BJORNSON MEMORIAL FUND | FY2023 | £13k | |
| THE KENNETH & SUSAN GREEN CHARITABLE FOUNDATION | FY2021 | £10k | Advancement of the arts, culture, heritage and science |
| THE BUFFINI CHAO FOUNDATION | FY2025 | £10k | |
| MARIA BJORNSON MEMORIAL FUND | FY2024 | £10k | |
| THE BUFFINI CHAO FOUNDATION | FY2024 | £10k | |
| The Ethos Foundation | FY2025 | £5k | smaller donation |
| MARIA BJORNSON MEMORIAL FUND | FY2025 | £5k | |
| THE CHILDHOOD TRUST | FY2023 | Unverified read£3k | |
| The Ethos Foundation | FY2021 | amount not stated | Miscellaneous smaller grant |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 11/11/2025 | £7k | Ballet for the Cancer Community |
| City Bridge Foundation | 23/09/2015 | £147k | Grant to Royal Academy of Dance |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHK Foundation | 4 | £480k |
| STANLEY PICKER TRUST | 4 | £65k |
| THE JOHN S COHEN FOUNDATION | 3 | £77k |
| THE ROSE FOUNDATION | 3 | £65k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 2 | £1.9m |
| THE BAND TRUST | 2 | £1.2m |
| THE ROTHSCHILD FOUNDATION | 2 | £1.2m |
| THE ERANDA ROTHSCHILD FOUNDATION | 2 | £336k |
Charities like this
- THE ROYAL ACADEMY OF DRAMATIC ART
- THE ROYAL BALLET SCHOOL
- IMPERIAL SOCIETY OF TEACHERS OF DANCING
- THE ROYAL ACADEMY OF ARTS
- THEATRE DANCE COUNCIL INTERNATIONAL
- ONE DANCE UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ROYAL ACADEMY OF DANCE | £22.4m | £190,001 - £200,000 | — | unclear | 117.3% | noted |
| THE ROYAL ACADEMY OF DRAMATIC ART | £16.7m | — | 0 | unclear | — | no doubt |
| THE ROYAL BALLET SCHOOL | £16.6m | — | 0 | unclear | 10.0% | noted |
| IMPERIAL SOCIETY OF TEACHERS OF DANCING | £5.5m | — | — | above | — | no doubt |
| THE ROYAL ACADEMY OF ARTS | £37.1m | — | 0 | unclear | — | no doubt |
| THEATRE DANCE COUNCIL INTERNATIONAL | £134k | — | 0 | below | — | no doubt |