Royal Academy Of Dance Enterprises Ltd.

The company is the publishing and distribution arm for the Royal Academy of Dance and its Examination Board. It retails examination syllabi in various media including Apps, as well as recommended uniform wear, teaching resources, dance-related products and gift items, commercial venue hire income and royalty income through licensing contracts. Its products are sold and distributed through its website, mail order, printed catalogues, book distributors, Royal Academy of Dance branches and a shop outlet located within The Royal Academy of Dance headquarters in Battersea. The company generated a profit after interest but before gift aid and tax of £94,504 (2023: £530,686). Turnover increased in 2024 to £454,355 (2023: £417,349). As a result, gross profit reduced by 6% on the previous year to 58% (2023: 64%). The gross profit was £263,140 (2023: 268,118), with other income at £636,467 (2023: £572,045). Operating costs were £781,536 (2023: £288,806), the increase is due to the introduction of central support charges. Other operating income is made up of royalty income arising out of licensing agreements with approved manufacturers, commission earned from sales of Apps through i-Tunes and Google Play, and property and studio hire. Licensing income of £191,995 (2023: £203,597) has decreased due to renegotiation of the contracts. Property and studio hire income of £191,385 (2023: 125,736) has increased due to a stronger emphasis on sales efforts and enhanced marketing strategies.