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2020-12-31-accounts

A￿lSTERED COMPANY NUMBER.. 04056093 (England #nd Walts) REG1sfE￿D CHARITY P4UMBER: IQ83903 REPORT OF THE TRUSTEES AND UNAUDITED FtTr4ANC￿L ￿ATEMEl4Ts FOR THE YEAR EfffjED 31 DECEMBER ZO2• FOR CLoNfER FARM MUSIC TRUST *MGIAh8F• 2PJ1012021 COMPANIES HOUSE A10

1

A12 3(V09r2021 cLMIP￿lEs HOUSE

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I Park Street ma￿Les￿eld CIK5hir¢ SKI 16SR

CLONTER FARM MUSIC TRUST CONTENTS OFTHE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 202• Reference nd Admini5trtfv¢ DétslL Repwt otthe TTUSt Indtpendent Exmlner's Rep•rt Stateme•t of FlnxMeS•J Adl 12 B414¢¢ Sh¢¢t 13 Notes lo the FiN¥nrlal Ststetyhts 14 to 20 Dtt•iied StatsmeAt of FiAgnd*l Attlvldes 21 ￿ 22

CLONTER FARM MUSIC TAUST REFERENCE AND ADMINISTRATtVE DETAIiS FOR THE YEAR ENDED 31 DECEMBER 2020 TRUSTE£S Mathias. CIMinnan E BI(KMI S FaTTner JJMthTe tady A K Pi￿]￿810￿ MBE MHCPitt D S Billiogs I•Fwnd 26.6.20) COPlPANY SECRETARY RECISTERED OFFICE aoniet Farn Swettenham Heath Congl¢to CW122LR RECtSTERED COMPANY NUMBER 04056093 (Eoglatml and Wales} REGISTERED CHARtrY NUMBER 1083903 INDEPENDENT EXA￿fiNER Heyw(KKI ShqA I Pork Str M*clesfield Chesbire SKI 16SR BANKERS Bwriays Bank Pk 22 Lottdoo R(Ad Al¢krlty Edge SK9 7EA Pa8e I

CLONTER FARM MUSICTRUST REPORT OF THE TRUSTEES FOR THE YEAR EP4DED 31 DEcE￿(BERlIn• The tNstccs who ¥r¢ ￿50 dir¢¢tots tsf the cbarty for the purposts olthc Compwts Aa 2￿6. wcs¢Dt thcir rewrt with th¢ fmancial siatcments of the charity for the year ended 31 Detembtr 2020. The tyustrts have adopkd the Provisio￿ of Accounts"ng and Rcwrting by Charitics". stalert￿ni of R¢cornmend¢d PractiGe aFoli¢abk to ¢hktitS PTeparing their atcowits in accordance with the Firtancial Reportittg Sraodard applicablc iDtbr UK arwj Rwbli¢ of Irtialld (FRS 1021 (effxti¥e l J￿Vary 20191. OWECTJVES AND ACTIVTTIFS ObjEttives #ttd aims Charitxble Objectiv The obje£tiV¢5 of the CloDtLY FAMI Music Tnsi art: To provide high qualtty training aThJ exp¢riuKc of F¢rfo￿l￿g w]blicly p￿nS ernbatkin8 on prnfessiort81 musical e8reus to this end Ibut wthoui prejvdice to the geKraJity of the foregoing) to estsblish such Umtrses of ts8Fning and knItiO￿ such public oncert stsge andother perfmJarJce5 as the TDJses shall see fiL' Wknen apwopriate. prot￿lon￿l develrynent0ppo￿IL7&$8rt offertyj to mort eyablisl￿l atti¥& Th¢ Trust ¥hi¢ves its objective through ihe stsgio8 of its OWD op¢Tr pr(Kfudion& th¢ awarding of 3n #nnuJ op¢ra priz¢. th¢ provision of two oprro stiJdi(N culJninknll¥ in a final sknw. 8od the of worksknps ￿ irKr¢as¢ the und¢rstsnding and appreciaiioll of opera mu5iui tb¢Atye am¢in8st peopl& Perforn￿ Op￿"tieS are also offered ￿ ettLergitb8 folk and jazz arrists. The c￿¢ 2ctiviti¢5 of th¢ TTU54 by their very naiutc, arc tsr8eied ro providE •ll experierKe thai provides bencfiis io perfom designeTS, d1￿ctOrs. Sta8¢ (T¢W, 3udietKe and workshop partKipants alike. The Tywi operates Clonter Opera Theatre. Sw&ieDbaTn Htath. Conglth. CILes￿.￿. attd is the only Yural venue-based 'remoty opcrn company In th¢ North W¢g of EnglarKI daiated to muging aTh5ts. The ft￿1 Ic¢atiot) of the theatre in the Cheshirc cOun￿s1d¢ offefs cast m¢mbcrs an cnvironmcTrt iry which to Me￿01￿. develop their crali and shart an artistic experienc with otheJ¥ who enjoygnd suppxtthe arts. Pag¢2

CLONTER FARM MUSIC TRUST BEPORT OF THE TRUSTEFS FOR THE YEAR ENDED 3J DECEMBER 20ZO OKTECTtVES AND ACTIVITIES Sigoificant 4¢tlvities The yearbe8an largely In line with PT¢ViOUS year5. starting with the Op2Ta Prize. WF 6 $ittBers. Jothillated by the UK'S leading rnusic col￿r¥310)rts. COMeh￿j lo he4 followed by a Tea with Songs from Ibe 5how5 for thc cld¢rly. both catering for those in atc hottKs, a￿j those just wanting a good aftemoon This was &ccornwied by thr usual PerfotuLillce Projects ill March, illvolvillg 2 musicians goin8 ￿10 scbooi5. Th¢se happ¢n¢d a5 ug¥1, but 2 sclK>Dls cancelled Ix]t asked for ptks ￿ bt tsken inio the school$ for them to do it thernseJve5. Whibt they were very for thi Clonier felt that it needed support and sd about devisiDB a way to'beam itt. via zoorn v¢rsioD wFuch tl>Dk place in Novtmbermeceth. irLStead of Stpitmber. Thi5 initiativc proved to be vcry succcssful. and ￿reCiat￿L 77n the whole c4yJnty weDt into kthown OD 24th Much 2020 Clon¢erfs Digitsl Outreach ￿0￿11￿me - Clotttrr pledged ty d¢vise & diwtsl Pr0￿me to slill cngase rnoDy people ci>ntr8Cted to come io Clothter 2020 as possible. This wa5 adll"ev¢d excw for the tollatmtion with Hope Mill Theatre Jd CiDdtr¢li4 alld largely the ba¢ksts8e crew. Even so, although 13 show￿24 Events were planned for 2020. in fact 26 ￿Thts wwe ¢arri¢d bEhJThJ closed d￿r8 ethgaging 50 Sitige￿ 18 Musician& 12 Accompani￿ 2 Music CoAch4 I Conductor, I Compcrq l L¥Thguage Coach, 2 Poe￿ I stage Mau88er- 91 (78 DuTillg Covid} Creative h8CtitiOnef5. Tbis also meant thai w¢ keep conneaed wilh a large nwnb¢rof Clonttrs audience hse, ayjd Friettds athl Patrott% offeriti8 fKee conrerLi w the latter throughout 2020. for theirmembership. Cloutcr Costu￿e Desi&0 Compeution - The day after knkdDwn aD oniinc Eompttition was lauDcbed w help aid the online ¢dytatioTral wovu8iOn. K¢¢ping You Ent¢rtain¢d - Th¢ digitsl PI08rkn￿ ￿m￿l some fonn of connt every week for Cl{￿￿6 audieDce m¢mb¢r5. Th]"S CODSiSt¢d of.. l. B2tk Catslogue- Shtiring PTevitus rtordinos of [￿l￿tI[￿L with Where Are They Now tsp1a￿. a¢¢ompani>J ￿th links th oth rwTh15 of u5t rD¢mkr5. (Frtt ConteDtI 2. Grani Gordy & B¢n Sow (BI￿8￿5￿11az3l - This provhtsl ao opportunity foT both artists. each on ap￿$1 sidts of the Atlanti oc¢an. 10 Work log¢thcr. IFr¢¢ Cont¢nt) 3. A Mirri Doc - 'Ma5tcrclasse5 kn LockdowD' _ HaviDg thougbt that this PTtsgTamme really c4)uld not go througFL the imawnaiion and commitrt)cnt of ail coftc¢rne4 a diyrat training programrne was d2wsa( and the pri>Ee55 of TunDing a week of m85terclass¢s individually VIJ zoom instead of at Clontcr documend. This Tesulkd itt each singeT gOiThE away wÈth having Worked ott aria with a vocal coa¢h. and a currMi r¢coTdin8. It w&s also hoped that Ibe wwld %T¥¢ to b¢lp aiirn fimdmg for fiJDJtt m&5IeYcla&￿. 4. Tta With... Songs frixn the Shows- This was the time that w¢ W offwr4J a ica in Jw)¢. bui wc had pl¢dgcd to th) 4 8 year thi5 year. ci(inE this a way to ts)ake a meaLittEfiJl dKfferttte to the liv￿ of th¢ e]d¢riy. offering 4 quarterly tre81 to Icok forward to. and feli that it was even more imp)rtant to reach out to the eldaty ai this time. This also g•ve rise to an oppornfft￿ ¢0 help develop both Ihe iechnical and artistic skills for the singers involved For this PTOJCCI histori￿ 8ttcndEc5 w th¢5¢ evcnts were invited ro send in rquesLS from the ce homes and of the Clothitr awlience b95¢. Two T￿Ording5 were then rnede addre55ing those that had tllade tbe reque# diftctly thrth]gh the lens of the C4ttLert AÈ a re￿Il[ of coll8t)rats"OD these artists weDI on ro roll our this concept (be5pok¢ ￿CordEd teas for care home5} arEN￿d the 50uth of Eftglarf wovidin8 them a funber income stream. (Frte Contenr). The s¢cond extrn tea that wss pla￿r￿ in 2020 w4$ in September. but thLS lime around we felt thai we would inSli8ate a 'Pay What You Feel. policy. rolled ¢)ui to e[￿ble Clollter lo teward the F￿le￿￿ and Patmtk8 for continwg to ￿p￿)rt Clontet. This also ciied as a vehiclc to ¢ncourdg¢ pwpl¢ to brwme a Fri¢n& A8airt a special vetsjon w¥ foT (re bome$. The 4th T¢a th... Chris￿aS SrKcia] again v¢T5ions were m. cwcriDg for tsa audien￿. All tas were ac¢ornpani¢d with & box of cake6 alld sauthwiches delivered to the thjor. ¢(￿0￿￿D8 w be for th¢ Tkns llkitiative cotttiDUCS to attract both COTporate and iThlividual donations. 5. Jusi Wyn. A S[￿hen S(xJdheiTtL Medey- br(xdrty •t the saff liff Ja72 in Jutte w&% sdKdu]ed. contri￿lIng 10 the sual vgricty of the Clontrvs usual proBramm¢. IFTr¢ Cont¢Dt) 8e3

CLONTER FARM hfUSIC TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 202 6. Rttital Scries in the Clonierbrwk Music Room - This inib•tiv¢ was drvistsl to ¢￿ble artists to have up-ltrdate r¢cordingi With a live ac¢ompallisL SOTrycthing that bad ttor beerL P055TrL 1¢ to maDy. 8nd lloi pnor to thi5 POIDL Thi8 wa5 wloted initially. ar¥] thi5 taught Clonter a lot aixjut how to ￿hedule this pro8ramnK accounring for the facr that both singef and accompanists had not either worked with i live accompaDist or pcrformed for a ttumbtr of months. 4rJ dLiS he]p¢d infoTm thc way ahud. This initiativ¢ allowed the artisl to chwse elltitely th¢ rn8trrial they Wish￿ to recotd. The piloi was broadca# as Free ConienL as We￿ th¢ next rtcitais. however. as p¢r the Second ie4 for thc last two the ?ay What You Feel. ￿lleY w&$ intrrvjuced. W￿Ls1 thJ"s initiative did noi btirt8 in muclL tjckci r¢v¢nue thjs reciral s¢ric5 W¥S cited ￿ the w(xluctive initiative that Clothter able to offtr unergillg singw5 during this COVID-19 &$ well as ￿VIng ri5¢ to new donor5. ATL (¥Wrtunity to WOTk towds a reeitsL 8we a recital. in & rccitsl r00ry4 work accompatiisi. and to make re￿[d￿B$ that tn•y IKlp tht4n ty ￿]D Wort ¢¢ p￿￿Tr iti th¢atr¢$ •rouhd th¢ world once the th¢atre5 8T¢ 8llowcd w provide livc ¢ntcnaiiJin¢rrt nwr 7. Mioi Doc of The Bayber of Seville - Hwving rwj th Mast¢Tdas5e5 in May. we felt confidei that this would bE a m¢aningful eLde4vour. This w￿k lott% pro8rartime of coacbiDg was aE th¢ sam¢ lim¢ that th¢ wt of th¢ opern would bav¢ been ai Clonier. Tesuliitig itt Then) having a ￿e0[dIng of their nwift aria. aDd this time arour•J on¢ ¢Ju¢t w35 und¢rtak¢Th. Tbis initiative enabled u5 to keep the casi engaA in the thai ¢hey wou)d stsy on course for a time when we could pw this prLKluciion on swg¢. 8. Barter Oveftwe . kn additiotk to the week 1008 B•thr ¢oyr$4 it was fett eDgag¢meDt w¥ with the Clott￿ Sinfollia resuliiog in a multi-streell recording ofthe Ove￿r< in(rtyI￿lng the int¢thJ rrfWcOnd￿. 9. Cleniels Family Day (X]t-This replaced the usual Clonter F•¢r. which 3gain5t all odds. Clotsier dt¢ided to Still Ko ahead with, &$ Clonrfs tn051 xcessible evettt of the year. with stritswt Covid me•gxes in place. 453 Fwle atteth. wbi¢b was just short of a Jy)rmal y¢ar. Ths included the prcrnicr of a virtual childttn'$ w0￿p show - Papag&K'S Quest - (3 Singers, 2 MusiciaDS1 + filmed ID October (Slagc Manager + Filllj Makul wbi¢b fomitd th¢ bsis for Di8Jtsi Programme Novemberffjkn¢rnbEr, ttteDtioned p￿￿O￿tY. Also its the light ofthc fact that all swjrts days W uther been cancelled. or parew were not able to all￿1 thi% a newtl&ntttt intrduced ID this y¢ar. and w ￿nSId£[al a great additioD. and somcthing tob¢ repcated. 10. Friend5 Ev¢ning- Instrad of thc Friends EvcDiD& all the Frie4Kk aTKI Patro￿ were sent The tA￿wA Jukekn, which consisl¢d of the Highlights (bf Di￿tal Content to include all diffeTetLt Eemes of music from Otm ￿ Musical Theatre. I l. An Evening with Lwrm Sis5ay- World Me]rtal Health Dty. This ye4r thatt evtr we felt it imtthant to ptovide somt cvent on this day. Il aluoprovided alb opportsLnity for a local a surwrt opyK)rtunity. 12. ClonteV$ Top 10 - Lockdown Chan - ITh ord¢r to stick t¢ our pledge ￿ keep our a￿lIe￿¢ th]tert8tned we help that w¢ would share our most waicbed Youtube ￿deOs. to iM)th ¢traw attcniion t¢ rbis ￿¢[ irfrea$]￿1Y taTBe of tonieni atyd thake 5ur¢ that as many people a5 potsible l￿d a chancc io view thi5 Tnatrria]. 13. Hishlights of the Recilals ￿nst￿l of the OpeTa Gal)- Again we were keen ￿ make SU￿ we kept audienct supplid ￿th the 5truGtU￿ of our usual year. and ut11￿1￿g the Trsourr¢ of the Tecitsls, baviD# boo&1 it thwo to the 'Best oe, which w¢ were a]so offtring Free CootenL 14. Johrj Dhali- Keeping our folk 8wth.mce on we still rw)Td¢d agig with thi$ 5iDgeT150ngwrrit¢r. 15. An EveDifLg with James Pe4rsoD . The History of Jgzz (Lklayed ID JuDel . FiD8lly we were able to ¢DgLg¢ tbe services of an annual favouritr in the ClonteT calendar. 16. GO5￿1 (Filmed in Loodonl- This was • llb8jOT undcr¢thn& bw w•5 it￿T￿iblY w¢ll ￿e]Y¢lL 17. Winner of ihe Bery Batmemw Aw8Jd for French Song - This award wa5 wiginally s¢t up by th¢ moth¢r of Clon¢5 Founder. Jeffery Lockeu w the ttart￿ of ber mentor Claire renamed Belly BaDnenna4 ¢j￿ ￿ beT long a550ciatioD with the Royal Northem Colleg¢ of Mu5]£, which was Iwueathed thi8 annual award. For the Iirsi year. Clonr proposed a new Procedure, wheteby we set up the pan¢l. and judged a short IisL ¥ we wishtrj to offer the winDtr ¥ rvita] optththity. and therefore wished the wittner to b¢ 5015J¢tsn¢ tharwe GLwld (Fr￿ Cont¢nt) RecordiDg Spa¢e- Jn &1dib"OD. CIoDtrr myd¢ its fxiliti¢5 avJilabk fry musirA3nS t¢ Dew tDaterial, for selfpTomotioll. and virnM] conccrts. SwDmzry Orsoci￿ Media & Website A￿l¥lty iti2020 In th¢ light that w¢ ￿rE uThable lo carry out CionLee5 ￿U*l evertt aciivitits fiam 23td Match 2020, the O￿litt adivity 5ectns of particular r¢l¢vaDce w T4￿rt this Y￿[. YouDJbc Cloni¢r had L 4 fold itKre4se Youtube Subs(sitets in 2020 (53 vusus 2151 In tht year ktOTe COVID thetr w¢rc 8J46 view5 aCtD55 al] our YouTube VidE1￿ In 2020 there wetc a ts)tsl of 30.958 vi¢w5 AppToximalely a 4 fold illu¢•s¢. Pa8e4

CLOP￿R FABJI MUSIC TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 OWECTIVES AND ACTIVITIES Twitter The Nftti impressiolls only decre4s￿slIg￿tlY dryCOVID, dw IKiD8 UDablE to puti)n aDypuforw Websilc Recorded 96,000 page views. Ptsbllt benefit In seeking 10 6Jl61 the chan"tsble objects and in fornll.ng the activiti¢s for the year the h•vc consid¢rd the Charity Comrnis$itrn's guidance on public benefit. Includin8 th¢ 8VisJanc¢ "public kncfiL' ruThning a charity (P82)-. The Trust targets niial mUSLcal th¢atrcgoN5 from thos¢ of Pnrll￿ Scbool age througb to th05¢ who have ￿tired from worknDg lif¢, and those with dtmtntia atsd oihu disabiliiic& A significani part of our work for some yc•r5 now h85 bc¢n and coDiinuc5 the provision of WOTkshop5 for s¢lK)Is in the Cheshite. Warrin%tr￿ and Merseyside artas. These Workshop experiences are aimed at gi￿n8 school agd c￿'ldreTh An itsight itiio all %pe¢ts of M￿1¢81 theatre. fyom pthfoffnance w Aa8e aDd c05DJme desi8]L staKe man8£emeDt and lightlng. and oth¢r w¢ers the Creati￿ •rts hJv¢ to offer. Th¢ Edu¢atioDai Outteacb Worksh¢)p Proyllme employs arttst4 designets and other 5upp)ning ￿b[LiCAl stsffj who may also be involv¢d in Clonterfs summer pr￿￿onS and $lK>wcase tMcett8. Theatre vits prowde a valuable learnin8 eXperie￿e for these children. m05t of whom have Dcv¢r ¢xpericnc¢d or mw%ical thratse kfort. A hi8h pro￿ of schools from 3r¢as of low engagement with the gns tak¢ part in work51wJp5 wbich awr d¢S1￿j to b¢ a#Essibk to ehil¢fr¢o of ail levels of ability, inclwting those with 3[￿la1 Deeds. All W0￿5b￿ areas and the auditorium thav¢ wlK¢lthair ¥¢es$. Sthoojs frorn areas ollow ¢ngag¢m¢nl with the ate prioriiise

CLoNfER FARM MUSIC TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 21n• Charitsble actlvitlts ID athwwl¢dg¢tn¢nt of its lneficial ihe rrtrforming 3ns. the Ttusl rcgulthy rcc¢iv¢s te5timoni415 from artis￿ well known SiDger5. leacber5. b¢¥d$ of the UKCo])suvaioires. attd audierKe members cDdorsiDg the vaiuc of tkn"s work. "I I￿rn¢d a lot and am yJteful rot the platfom) which was my al •n OF¢ra which hps 5iDtt th me all ovu th¢ world" Sir Sinjon K¢enlysid¢ CBE. "Most singers emerge from college brIle￿ng thy are going ¢0 k su￿5￿14 ￿ the nEXt few years can PTOVe 10 bc a disappoitknEDt as they scratch atound for low-paid jobs and Bobng through Ibe mill of auditiorks. The fact is that in Britsin your bcst chance of getting on a decetti cateet ladder conxes thmuglL makiti8 att ittwyessiott in on¢ of Ib¢ opcra pr￿lUctiOns at mlL5iC coil¢g& p¢rforming b¢fo selt¢t group of pwlc in th¢ audiencc who havc the ￿￿tr w make a diffeTcnce...the pEople to whom form an extraordinarily STnall clique who appear 10 be inttsted in fvrure ￿left1. Among these are the lik￿ of... leffery IA)ckett of Clont£r Opera (where Natsli RouJaDiW (aknvel did her fitst bi8 mle). Orth Now. RoiertThiCka¢￿. "We apprECiRte all Clonter is doing for the 5knMknts here at thB Royal Northtrn College of Music. To have OPPOTmthities a￿lIabl¢ for OUT yOIJD8 singers. to bring them from Collegtrlevel to profusiooal is bugely Illik￿l. It wves them tonfidetKe. ernployment artd thcouraEement. Y￿r EerteTosity athd hiKh srajthrth of both care and trainin& ovcr many yeaws. art of immense v)1￿ to th¢m" Ly￿e Dawson Head of Vocal Sthdies RNCM. "For those who like to k¢tp an car on rising Brilish owJti¢ t4Jcn¢ ￿J(MI1¢ visits to aothter Opua essential. The list of those who have sung Ih¢r¢ $in¢¢ 1974 Tead5 like • Who's Wtw) ofomteni out (and F•'sl leading touwanies.. Mith&el KetLnedy Th¢ Sunday Telegraph. "Clonr Op¢wa 15 • uniquc OTganisaIio￿ tiking young stng¢r5 aThd introthitig to tF stage a￿d all facets of from training. ond stagwaft to V￿al and phy5ir21 sthmiw etr. As a 2￿0 Clonter Owa Pri2e wit￿￿, I was giv¢n finanGial assistsDc¢ for my vecal 5tudie&.The charKe as a young rKrfonncr to ¢￿￿1￿¢¢ WO￿ i￿ )p¢rd is vilaj to our d. 'I firsi Sang for Clonter as Tatyana in Eugff￿ ODegJ"n s 8 s¢udenL I in a Viet0￿ tittle of not gettiTrR roles krau5¢ 1 dithjy hav¢ enough exF¢rience O twl only done on¢ opera previously) and took a chance on tne. 11 w3s a fantssti¢ l¢arning ¢xperi¢n¢ worktng with staff who wand the besi for the sitigers attd the sbow. Thu¢ is * ¢xp05ur¢ to rnak¢ doing 1¢ worthwbil¢. bul Lt is sheltered enough that take risks. This year I saog for Clont¢r 3gain. tsking the risk of singing a rol¢ that I would w otherw￿¢ have had the courage io sing in a dLffer¢Di environm¢nL VJo]etta in ta trdviala. Once again il wa5 a shaTP learning curve for me. bul agaill the conduthr and director were fantastic. I really tetieve that wbat CJont¢r Ik) in and PTomoiiLg young thl¢ni is UnLque. Next year J will tnake my delyji in a lead role in a major house tn th¢ UK. Without rny exptncncc on stsg¢ there IClonter}. and thB contsct I mwje, I would not have takcn the path I have (knc" Lxe Biss¢i 2￿Al. 'l am ￿te￿I to Clonter for alli)wing rne to find rny strengths in Mt of D£thLzettis t)K>st challengithK toles Lucia di Lammernioor whith is a role l am sute I will perfomi again and again. Clortler i5 an cxrremcly fncndly and tsn0sphc￿ to work in... providing rnuch hospitality and suptrf)rt for the young singets they nurtUTt dwin8 thu"r lin)e there. I would tl to any yoiin8 ￿nger with vtry bigb r¢ggrd". Nataiya RomoDiW. Lucia LammU￿2010. 'Looking back. l am Ttally proud of everyrhing we achieved. I le4rnt $0 much thMLt myself &$ a $ing¢r how tts pace Tlly5¢1f. knowing my voice cats take a lot ttWTe l thougbi. It bas built my Cotsfidence alld allowed me to tske risks. Being A young $in8er 15 hgrd. You need experi￿¢t. bu¢ you need someone to ￿k£ a chance OD you and help build and nwtutr your 5kn115. Clont¢r offeT5 thi5 W)iqLie chance 10 do these thin8s. Thank yoll forsucb a wonderful opprttmity. ElJYAtth SkinTher- Cosi fan tutte- 2015. 'This was nly fitst tim¢ at Clonter. I￿th￿th￿l wions wtth & top ditecti)r OD connxtioll with character and tem just didnt exist 81 college. Manin (Dirtcrorl h¢lp¢d me io bT¢ak down all tr Unnec￿Sary eleM￿ts of pttfoThiattte and locus on what was really llEeded for us as pcrforn)¢r5 to commwil￿t¢ in th¢ lly)st effLxtiv¢ way. The I￿$1 ￿￿￿arding part Df the 5tsJdiD Was tfUSEiti8 tb&t someth￿$ complettly n¢w COULD work in les5 than a wc¢k and it dhd. Martin aud Clive (Musical DiTeCtOT) only wiNked on the tx)sitiv¢. At college. there is someiimes a fr%us on what you do and thi5 w) filt¢r into ¢¥iy carreT and drcisiou Making. Thc 5wdio was big kn)st for yow]g sillger d#isiots ]nakin8 attd the voice. The foThDU]a of the snwth"o is perfecL SDJdios ith¢ this usually c05t singers such a lot of tnoney and this is es￿laILY SOTnethiug h￿dEY any 5in8er ￿ afford in ibeir earty career when they are travellin8 around from contract to contr&t. Woth"Dg with such bnlliaDr prof¢55ionaJs from the profession on B one to one b85L5. such a W0[￿erful sc#iDg made The feel very lucky. Clonter is a g¢m for any ylxmg singtr. Jkninds why w¢ ¥¢ doing it h¢lp5 us ￿ b¢ th¢ b¢5t wecall." Natsii¢ SiDnott- OE¢ra StudL"o and showc4se 2016.

CLONTER FARM MUSIC TRUST REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2•20 "Clonicr is a Uniq￿ uganisaiion... give5 the puforrtrs insights into the exptttstiotLS and Tealitits of the opeta stene. I'm very 8rateful to bave worked both Stcpben and Cliv¢ and thtwgb lalkJD8 to $in8a5 5 year5 abcad of me I ve becD able to under5taryd what &spe¢ts of ttLy leniTh8 ￿ prioritisc W 8¢ve me the ttsl p05siblc chance 10 dcvclop an inrnationa] career. J pathcu1￿1Y enjoyed And appreciRled the oFy)rtunity to ￿ c(Achtd on the rok of Figaro whilsi * Cjonitr. To bt wven the opport￿lty 10 sing in thc roie with orchestra for the tech rebearsal i5 te5tamenr to the developmenr ett#x olC]onter aDd was • real hJ"ghlighi of the exptrience... perforyn tDy first professional Tole aloTwide ats irt¢reth"bly talente41 Broup of sin8us is something I'll always remember. The short lim¢ scale for relJ¢aTsing wa5 one of the biggest challenges but abo me4Lt the Tehe&￿1 protess was inctedibly fttused attd precise. l jusi wallt ¢0 thank clo0￿ lor rnahiDg my first PTofrssionxi opm ¢ngag¢m¢nt $uch a wou(krfvl ¢XP¢Ei¢lltt. Seeing what I'm sure is just a fraction of ihe dedicanon and work behind ￿ 5r¢n¢5. the quality of thc PTvduction aryj th¢ nwmb¢r of new wdience members is tmly testamtht 10 Clothrfs hard work. l¢s also hugely in4>iring io see all the wonderful 5tngcrs thar have ￿aCed the Clonier siage. sbowing jusi bow imp)rlant an ¢xgani5aDon like Clonlcr i& re•lty looking forward to rett￿Ing iTh Se￿Mber". FA1ward Robitison. BarithDe. AntonioMatri8gc of Figaro 2017. May Otth Sts]dio & Showce 2018 Tr resvkncy Int￿dUCtS emeoiE)8 artists ￿ the fast.px&J Thature of the industsy...The bEautiful lorntion w35 a defillite $OUTce of mDti7Ationl Clotsier b&8 att absoluk £omthithietti to the nugital art of theatre... would wholc-15eart¢dly Tccomm¢nd Clont¢rf$ Spring Op¢A Sboweas¢ Week to any emtr8ithR artist to dev¢lop ¢ssential sknlls in performat￿¢.- CAToline Txyior. RNCM. soprn￿. May Opcra Studio & Showu% 2018 .3 safe spxe where we could ty out new ideas with old repertoite aDd ty our haDd at D•v r¢pu¢oire. We could 45k qu¢stions that w¢ maybE ￿Uldn% ¥k in a fully professiorthl setting. W¢ were abl¢ to l¢Jrn about 5ubtl¢ nuanees ill the mbsic or iaierestiDg bits about tht x¢Dts we were worknDg OD w¢ wfwjd D¢v¢r b•ve found out for 4)ur5¢1v¢s. I really ¢rtjoy¢d learnin8 the ¢nsemble repertoite. I loved how we wert able to prcqent our work * the elld of the week and it 8ave somdhio¥ io tylly WO￿ wwwds." Stephanie MaidaDd- RNCM- Mezzwoprdno. La b)héme 2018 "Reh¢èTsllls really kicked off from Ihc very tgirnmg- Thuc w•5 only onc casl and so it W•5 cntiTcIy OUT responsibility kn pcrfomi our bcst e4¢h tt18hL I Te411y appTttiatrd thai our ￿h¢Stra was not • fvll-siz£ orchestra b¢caux ii was a good itttoduciiort 10 singing wbth orchestr withoui pushing 100 h8rd. E lovtd makjttg opera in the counttysid< so far aw8y from Londott. GSMD- Musetta. LA trA)bème 20L8 'Thank you so much for helping me rea]ise my dream of sÈllgi08 Mimi" and letting me do it tll the beA eknviroLment pO￿l6]e1 With so much kinthess. supwrL ￿lief in me. clon￿ bas a vuy 4x£ial place ITh my he4rt111 Miriam Mesak - GSMD Mitni. "Cloniee$ trxk reeord bespeaks its skill ￿ talent spotting and the value of Ats away.fmm.the-bothouse environment ill buildin8 skn'l]s for futyre starperformeTS.' Robert Beale ManehesierTheatre Awarf R¢vi¢ws for all OUT T￿ent PTIthtion5 b¢ row￿ on www.¢loDt¢r.ory wthrthe r¢vi¢w s¢¢tiOD.

CLONTER FARM MUSIC TRUST REPORT OF THE TRUSTEES FOR THE YEAR Ef4DED 31 DECEMBER 202• FINANCIAL REVIEW Overview Thc charity has gertrated wlus unr¢Aricd fund5 fly thc yur of £116.084 wofit {2019 £9244 w￿>?Us) whith is an irnprovcrnent compared w last years siwflcant ¢kclinc. DuriDg thi5 thfficuit ycar thue was an urgetkt app￿ to raise fuD(Ls for the theatre whi¢b received £IOOK of extra gratsts from supporter5 trv)W¢VeT thi.s ha5 been necessary ro ew the cff¢ct of the drop in ii¢k¢l sa1¢5 of £l(KJk and drop in donations of £60k. CosL8 havt also de￿￿ed by 45% dlle io fiffth¢r control mcaswe5 that continue lo bc Trece5yary in order to piepaTe the chatity foT the UDprtteAleDted tirtWllL#anctts we hce due to Covid.t9 a￿j its li￿ ll￿pa￿. Throughout 2020. the Tnoys finary￿ wer¢ se¢4]red by SLkbordinate l¢)ans of P)O.INKJ to wist charity$ ¢&shflow. Since the year end. the icrn) ofall the subordina lo￿ h•vc bc¢n cxr¢tKlcd to 3 1st Ma￿h 2022. IncTeas¢d efforts to sccure fiLture fU￿ting is a bigh priority. XtiviliÈ8 Mnaitis of higb imrK)rtatsce iti order to 8enei sufficietlt funds for Clont¢rf$ ftsDJre during andF4)st co￿￿19. This year's financial Tvrts Indica￿ that the charity ha5 arouTrJ6 wM)nth5 wonhofcogts held in wJr¢strict¢4J r￿T￿. InveJtment policy obJectlve5 When investing su￿1￿8 fiLll(Ls the seeks thite. At th¢ p￿¢￿t lime swplug fiu¥Js Hre placed on deposii. Reserves polley The Trum utilises its unT&Stri¢ted fi￿d$ w provide wothng c4pithI, fiubj ¢A￿trI replxements and to cover any deficits. The UUT¢Stricied resetv# $tattd at £119,040 12019 £1245 defi¢iil The tDJstees have p￿￿lo￿%1Y set a reserve policy to build up free re5ervcs to equal¢ lo six tnonth5 of owatins ￿sts whiEh has athitved this Y￿ only IIuw8h ￿￿'tional gtant funding inch￿1￿￿ the covid $upport P8ttts attd Etyjuced eosts. Coing ¢ODcerR Th¢re arc no mai¢r¢al uncerf8iThries about the ¢harity% •bility ¢0 contim￿ * ¢¥rfTrt¢ for a trwclvc JTrJnth pcrioj from th¢ Signing of this teport dut 10 the subordinat¢ loans ¢wttfttly in pjatt. 8e8

CLONTER FARM MiJSIC TRUST REPORT OF TUE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 202• FirntRE PLANS IP4 THE FACE oFCo￿￿19 Covid dependenL Clonter will CODiinue w delivu a lknbik CmErgJng fabst wh¢re ¢reative p#criDon¢r5 ¢an work tollabotatively fft working bubbles with live accomrAnimeni to deliver un-sc¢ially distsnced p¢rfoTmaDCC5 for both fiiDKd and live rforrnat￿e$, inGluding 6 fvIIy Staged perfornw￿ of an opern with orchestra a8 well ￿ a diwtsl and live ourreaeh programme. W¢ will coniiThue io deliv¢r both 0￿-litte artd live OUtsLd¢ eDienainmeTri for out mos¢ vulfternblt and isoiatcd ¢ldcrly members who would Honnally attend oui mu5iuI tw. W¢ will film out Jazt iti Julle attd Bortr of Seville perfoxmances ￿ eo•ble those who callnot ¢om¢ to 5¢¢ th¢ liv¢ show5 a second opportunity lo i filtDed vet5iQtL ill Out theatre and c4>itaiise ort the irtilial PToduction inv¢stment. We will also dclivcr a hybrid of live and oTrlin¢ mu51¢ and th51￿ worksh¢)p5 It￿ shows for ¥hOD￿ ￿sing our iniern¢tsv¢ virtual Workshop and show crt4ted and filmed io 2020. Duc ¢0 the success ofow digital oulrucb to 5dJooLs w¢ plan ¢0 conrinue 10 repeat our bybrid approacb LB 2021 aDd 2022. A 45 minu fL]med inr8cuve mu5Eca] Workshop thow of Papa8¢no's Quest is plantKd ard will give us the I￿￿11a1 10 rta¢h cven morc thildr¢n and we ptop)sc ￿ crrllte a Similar wwkshop aod show based on Shakespe4re it) 2022. We are also maknng a Clonw debui childr¢Tr's worksbop and show at the Just So Ftsijval in Augu51 2021. WLth a view to tix]r the $lx)w ill 2022. We aim 10 invite thls ¢akLttg part in our Performance Day projecrs back to Clorttet for x day of designing, rchcar5in& perfornLin8 and filrning theii owtL short trfomwices on the clon￿ stage in the future once Covid becornes Ic55 prev81¢ot. Recitals in the Music Rwm at aontetbr%xth ate planned to eontirtue and tn8blith8 artLSts to update thcir protnotional c4JnteTLt. enter competitiorLS and auditioTL OD-itlle. Cl(￿￿ woptsses ty make the re£LdiD8 facility. utilised for tbe recjta available 10 emewng musicians of ev¢ry distiplirt frnm sirt8etS to itystrttmthMIisL8. Tn bjthjre Clonter plans trj invi applicanty io mak¢ video $ubTniMion5 from which a shortlist wll be tornpiled. with iDvitstiOrts to audition at Clotster. th rtpljcc timE%onsuming trRv¢l to Glasgow and Lolldoffj maintsinwg CloDt¢rf$ ryitstion as '¢xbxustive auditio]rf. whilsi of time and resouTce5. Clontefs audLIiOlliDg provision has been illwtrjied as continuing to bt of value to the UK'5 colleges by a requ¢5t during Covid io offer this as a stathd alone krvice by the Royal Northern Coll¢g¢ of M￿Ric_ In 2022 we propose io evolve the recital progrnmm¢ to ¢Jfftr em¢tgiLg nists opporttwLiti¢S to Tts¢aTcb and d¢vek)p oew recitrl fornwts and collaboratsotts i.t. eXp￿d upon just wano acwmpgntittnL and use ihe wnteDt to promot Cloitetrs Adi￿tt¢S to fund¢rn who a￿ iDt¢resLed in gupponing ￿h¢r gtnre5 of music besides opera. The Holmes ChaF¢I Music Srxiety hav¢ th05en Clonw to b¢ th¢iT It0￿ for th¢ir 5(bth Anniversary year culmining in a concert w¢th The Hallé ensemble Cond￿trd by Sir Mark Eldtf in May 2022. Clonor camed our a Survey ￿ find out wbat Covid precaurious would make our a￿th"en¢t feel &)llfideni abow coming back ￿ Clootrr and as a rc5u]t we WLII Conlitiue to exer¢ise a degree of social distsn¢ing (I seal gap bttween Bfoups) itt the atyjI￿nllm Iredllcing thc thtatre capacity by a quarter, bul Ihi5 will siill be a higher than the average house size fcrf the opera) and ask ¢v¢ryorrt w h•nd 5Jn1il￿ and wear masks before coming ittto close coniaci with a]Jyolle wbo is ttot working or simDB io their bubbk. This policy is PTOP05td to cootinu¢ thtough to 2022. To tniligate Ibe loss of ticket revenue trw)re Tesourtes will be focused ots businc55 dcvelopmcni and fundraising. ticket pricts will be in¢teased across dtfferent sealin8 ban& and filTr￿ of 202(V21 Clootrr shows will b¢ sbown sn th¢ th¢ètre. cinema styk to recoup 5¢1me Of the productioll ￿$ts aDd to ty out using the thcatsr &% a tilletiw with a vw to pYoviditi8 yet aiort enrertaiilment for the elduly the form oc vintsge fi1rn5. The education resoU￿e5 cre4t&l during lock-th)wh aTe proposed to be repeatedly pn)duced ￿ 501d to build fijujre financial resilience. Promotional videos aTrK)ut hiiing clon￿ facilliies to re¢ording artisis vrill bc made 10 gerttta another income stream, as well L% expanding the prnvisioth offered ill ¢olleg￿ to studetsts. Tn￿et& with experiette in business, & tethnolo8y tran$formgtion and pTI￿￿tio￿l web tonttnL print and cteative semees wll help build a busfftess model to intr¢xs¢ Clont¢V5 Rgility and ability to r¢aci io Cvcr chanwng ¢vents with flexible apry¢￿hes to facility hire. diLrital outrcxh and pri4Juction of eduGation r¢$owces. The Truuees coDtiDue io plan to bold Monthly fiDan tD¢¢tings to UJOtLitor spending very carefully and Judiciously. In addilion the migration to a new CRM 5ystyn wll aid in improving the d¢v¢lopm¢nt Jnd ¢fficJency of managing current supwrter5 as well a5 moniioring oth¢r a[￿ fundr￿1￿8 initiative& Our current Fundraising mar￿er will b¢ l¢aving ID Swemb¢r and applying io the Arts Council for fi￿￿illg w cre4t¢ 2 n¢w p)sts to support busin¢ss dcvelopm¢nt initiaiives and 5U8raiDable evellt FLire opportunities. The fir51 will be for a Busine55 DeveloprncDt MaDag¢r w work with S¢DJ"or Man•gemeLI ro c oui a Covid Tesilient b￿11)e$S plan. to exknd our coovntsoity ouue4cb w new arus of the UK and w4)Tk with new charjties fxiliuie our work with care-houjes and sch(KJl& 10 manage all FunthaisiThg inillglLV4 rnimise the potenual of oui investment a new Specr¢ix c￿$t0￿Cr aDd utattagemeni SyStsttL The Se￿￿d po# wiu be for ¥n s$isw ¢0 the GeneAI Matjdger who ' frtt ber up to keep d¢velopiDg rtw parttt[Shl￿ ¢￿tIve praciitioners ￿ expand Clonterfs offer to arti$is. event hi opportunilies, digital wjd ¢nAble tht Genetal MonaBet to cultivate and collatK)Tate with other organisaiions wishing 10 uliliz¢ Clonter f¥iiiti¢5 for recordiDg and ¢v¢DL hi￿. This post will ID tim¢ dev¢Jop into a full ad[Di￿trato£S N)SL Extreme w¢ wi]1 be excrciscd with even mediunFtrm Programming wjtil cowin8 fiLrNling has b¢¢n obtain￿. Exrnal Hit¢ - With the continuing pandemic, is li not envisaged that this arta ofcionterfs atti￿1)¢5 is likely ￿ bring in rn￿h. if any. T¢venu¢ in 2021, bur Clonier plans to be ready for th¢ etuet8ell¢e frooy Covid r¢strittioD4 ￿ meet tht to¢klog of wedd• G¢l¢brations and f¢st&vals put ort knold over the 9 months. Page 9

CLONTER FARM MUSIC TRusr REPORT OF ThE TRUST£ES FOR THE YEAR ENDED 31 DECEMBER 202• In summary. Clooter plans to ¢ontsnue to adapi the pro8raTnmes that hav¢ bxotn¢ aThllual trJdition5 and bave a firni following i diBiiaJ fornjat utttil Wtridions are ]iftc4 JDd fidfjl the ¢or¢ objectives of the trust by wbatrvcr Me￿ p05sibl¢' io dev¢lop thr eduGation programm¢ to r¢act to the restrictions of Covid. ￿ bjild OD the diversity tbat has emtrged oui of the necessity of Covid. in the to￿ orth¢ recorded maknns this facility avallablt ￿ othu5 both ctnET8ing and cmuged. build on th¢ rtlaLiortship$ ￿th olbcr loral rulhjrdl aud rDusical eduearional or8aoJsarJoD5' wntillue to play its W iti the provision of edu¢a¢ion alld suppon of thc elderly. maximi5¢ the w of the thcatre, Capit￿1$m￿ M Ciottterfs USP. a tbeatst in a rutai setting, wbich therefore attracts those that arc Iip)king for Somewh¢￿ a bil diffeTeDt for their 5pe¢ial days. a5 well Hs providing a veDue for other likeTnindEd OTganisatlOn5 OT itiiliatives requiriLg a prosceoiutll thcatr. with both teheatsai and dLllLng fxiknti¢s' contiouc to rn&kc thc th￿tr¢ ￿ its ￿￿ndS available ad acctssible 10 the local commwjiry. as an ¢xtcnsion of the cow1￿$ othu culDJr•l anKniiirs. Wttessity is rhe mother of inventiorf . Clontrr bElie￿5 Ctsvid bas forc&1 ii ro prove thar it has th ability to adapt a￿j ¢volv¢ d¢r extrtn ¢ottditiotss fr£￿ the yound up. PTOViDg its [cli8￿£. therefore viabiliry forthe kn. STRUCTU￿ GOVERf4ANCE A]¥D MANAGEMENT Coverning dotumttht Th¢ charity is controlled by its Etsveming a de£d of trusL and cofvstKknrtes a limid compJy. limit&l by 8uantee. as d¢fin¢d by the Cotwies Act 2(￿. It is a r¢gi$tered thArity with tht Charity Commissiort. RetrnRtmeDt and Appolnimeat of tTU$tees The Dire¢tots. who are the Truoee4 are appointed by the mejnbus tn 8eneral me¢fing are ¢oll¢¢ttv¢ly knovrn as the Board. At each AGM. one third of the L"recfy)r5 rciire by Totaiion. b¢ing the longem in office and •re ¢ligiblc for r¢-¢l¢aion. Th¢ Board ha5 tht wer to Co-opt trustees. but such pecple only bold o(fKe UDtiI th¢ oexi AGM. do Doi COUDI in de¢enninillg those retiring by roiaiior4 but eligible for election. The Trustees who seryed durir¢g ¢b¢ y¢arand up w the da¢eof approvin8 ihis report are lis￿d on page l. Orynisationwl stru¢¢u The Board, which noi be Icss thaTr TWA than ei8h4 a¢lmini5te45 thB Cknity and mc¢ts a& neccssary4 bul musl meet al l¢a514 tirn￿ a yw. The day to day opcrntions of th¢ c1￿)ty are the rtspun5ibility of th¢ joint Chef Executive5. to whom the Trustee5 delegate authority for OP¢rnlional rnatt¢rs inclLOin8 finaDc4 anPlo￿t I￿1 dciEiqJuKn¢ Mthin theovctall 5tsgy I￿1 by the Board. Inductign ottd trainl#8 Of Dtw trnsttts Ttwtees art Yectuited for their commitment arhj thc 5kn"11 Inowkd8¢ tIKy can bring to the 0Tgan￿￿On. All tru5tec5 ttccive induction inforn￿tion and training 1$ 4)propria¢e ¢0 tsir need5 and thert is (ywjrtuthity to access ongoitlg tr•inin8 for pemnal developtnetLt. Related parties TTusiees are r4uiml to c(nplele a fonn on ap￿In￿l which is updd &wlly. rewstering thu"T In￿reSt. ¢ncluding the membership of other volulllary Organisaiions. Th¢ Bwd pro¢th ensure that TDJstets do not partKÉpth ID dxls1o￿ in wbicb thcy have an interest wven in the notes io the fingnciai ststyncn Members of tbe comp#y The Directors have the power to ad￿"t 4ny pcr50D or organisation to membetth"p atbj rnay esrabli5b different classes of rnembership and prescribe their re5p¢clive pnVi1￿¢S aJMJ dutie5. A nKrnb¢r may t¢ remv¢d from merDbership by the re501u(ion of th¢ Truste¢5 on the 8round Ihai in their reasO(￿b]e opinion the ￿￿nbe￿5 contiThu¢d membership is harni)SJl w th¢ Charity (but only after notifying the meujber ill wT2titi8 attd c0fft81deriti8 any vrrillen repre5enwioD from the meml*rTtteived withiti 14 days of the ]￿lIce}. Approved by ord¢T of th¢ixMrd oftnL5t¢¢s ¢)n 10 SepwDkr2021 and sigDed ¢)n iTSbthilf by.. N Mathi45- Trustee Page 10

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF CLONtER FARM MUSIC TRUST iDdep¢tyd¢ttt ¢xwMits¢r'$ r¢port to the tTUSteu of Clon¢er Fann Mask Trom ('theComp•Dy'I I teport lo the charity In￿le# ott my ¢Xamin&t￿n of thc of the Company forthe year ended 31 De¢embEr 2020. Respooslbllltles nd b￿1$ of report As tb¢ cbarity'$ trust¢¢s of the Company (aDd also its dired0￿ for the pufj>￿ ol company lawl you responsible for the pryration olthc a￿uThts accordatsce with the re4utrcM￿ts of thcCompanitsAth Cthe 2006 Actr). Haviog 53tisfied myself that the accourts of the Company are not requirrd to be atvjited Part 16 of the 2006 Aa attd are ¢ligible for indcpendent cuMit￿tio4 I re￿rt itt respect of [￿exaMina￿0￿ of your charitys accounts as ¢arried tylt undet section 145 of Iht Chariiies Aci 201 I I'thc 2011 Acr}. In canyin8 oui nry cxarninaiion I hAv¢ follow¢41 the Dirxtion5 given by thc Charity Commission under section 145{5) (b} of thc 2011 Act_ IDdepeDdeDt eyxmin¢r's ststemeDI Since your charity's gross Income exceeded £250.(￿ your exaMU￿r mtst be a membeT of a listed trAxly. l confinn thai l am qualified w und¢rrak¢ th¢ eMminatiotL b￿ust l am a repsrt41 me4nFrof CJwteTttI Acctyjntanl which is one of the lisieAI bodie& I have completed my examinatton. I c4)nfinn th•t DQ rnattert hwt tome to myatteniion in cormeaion with the rxamirb&lion giving rne ¢ause to believe.. xeouThting record5 w¢Tc no¢ k¢pt ID r￿￿Or th¢ Conw a5 rcquiredby Section 386 of the 2006 Act or the accouots thj noi x¢ord with thos¢ rw)rJs: or the accounts do noi Comply with the x(o￿lIng requurnts of 5ttti0n 396 of the 20￿ Art other than atly requiremeDi that the accoutsLS wve a mje and fair Triew W￿"¢h is rwt a malleT eonsider&J &$ prtof an Èndependeni examinariow or the accounts have Mt prepared in accordance with the meth(xls attd principles of the Stsiethefji of Reeommeoded Pwti¢e for accountittg attd re]M)rtiJJg by ¢harJ"ties {app12table to tharities prepayiti8 their eouttts in accoid*Ke with the Fthanciai Reportin8 Standard awlicabk m tht UK aThlRcpublic of I￿land IFRS 10211. I bav¢ concerns have coThe across no otheT matters ¢n connethi¥n with the txathihatth LO wh￿kn attention Bhould ￿ drawn Lti thL5 r¢p)rt inorthr to ¢Dable a prDperuudetskndiD8 of the accoutsts to b¢ reaclLed. N A KentLiDgloD Chartered Accounw Heywood Shepherd Chartered Accountststs I PaTk Streei Macclcsfi¢ld Cheshire SKI 16SR 10 Sepwnber2021

CLONTER FARM MUSIC TRusr STATEMEprf OF F￿¥ANCIAL ACTIVITILS FOR THE YEAR ENDED 31 DECEMBER 2026 2020 Totsl funds 2019 Toth] fijnd funds INCOME AND ENDOWMENTS FROM Donations legacies 184A53 199J93 l&J,131 ChgrltAble ￿tly1￿¢S Theatr¢ and WOTksl Ancillary tradin8 SlJ81 963 IA5J44 1,161 238.430 12,978 Other trnthng actiWli Tnvesimet)l income Oth¢r income L441 2.441 97 29.500 21.518 230 2930• Tot1 34&136 433.287 EXPEI4DtTUR8 ON Chritable activities Theatre and workshop Ancillary trading Fundraising Other acrivitics 130.133 4,15• IU75 1.7 104 213337 4,J50 J2875 1.790 392,479 20,989 10.575 148941 84104 234OS2 424.043 12•385 (4201) 114084 9.244 CONCILIATION OF FUNDS Totsl funds brought fonvard 11245) 13.0 11.755 TOTAL FiINDS CARIUED FORWARD 11g.lJ40 799 127139 11.755 Thc not¢s forn ￿t of ¢lYse fttwKial sIatr4￿LS Page 12

cLo￿rER FARM MUSIC TRUST BALANCE SHEET 31 DECEMBKR 2010 2020 Totsi funds 2019 Total Unrctyieted Restricttsl FtXED ASSETS Tangible asscls io 2223 L223 2270 CURRENT ASStTS DebioTS at bank and in hand 4.484 255,988 32.921 138.151 247.189 799 251th7J (799 260,4n 171.072 CREDITORS Arr￿Unts falling due within onc ycar 12 {134W6) {134J56) (161,587) P4ET CURRENT ASSETS 11i817 799 Its.616 9.485 TOTAL ASSETS LE￿ cURRENTl￿1LllTlEs 11904• &79 127W9 11.755 NET ASsETSI(LIAB￿IThS) 11904• &799 IZ7Wg 1.755 15 Unre5tricled fu￿￿$ Restsic¢ed fiLnds 119,040 8,799 {1.2451 13,000 TOTAL FUNDS 127,839 11,755 The ¢haii18ble company is ethtitled to txempwi from auth"t wjdtr seth￿￿ 477 of the Ctynpanics 21#J6 for thc yeAr enthd 31 Dtt£mber 2020. The memkn h8ve not reguired the c(Nnpany to obtsin 8n of its financial for the year ende4131 December 2020 in aCC¢)rd￿ with Sxti(xJ 476 ofth¢ CO[w￿ Act 2￿. The tr]5e5 acktMbwI t￿1r re5p)nsibilitics for {a) ¢llsuriog tbat the charitable compaDy kc¢ps X¢WDtiDg ￿￿ordS that r4)wply witb knioD$ 386 And 387 of the Compynits Act 2006 and pr¢paring fi[￿rial 5T8tem¢nts which giv¢ a In￿ LDd fRtr view of tbE Sthte ocaffaits of the charitable wmpany 85 at th¢ ¢r¥J of each financial year and of its surplus or defi¢ii for exh financial Ye￿ llj accordance with the requirements of Sections 394 and 395 and whl'th otherwise ¢omply with the rwuerneDts of ttr Crym&5 Au 2W6 ￿1411￿8 to f￿￿cIal StsTeMen￿ so far as applicablt ¢0 the clwitable company. (b) finaDGiai ststernents havc be¢n prrpArd ac¢￿d￿ with the PTOViSiOtL8 applitablc to ¢1￿lIable wmpaDi¢5 5ubj¢d ty thc srnall companies re8ime. Thc fillallc￿ sthtemcThts were approved by the Board of TTPJStr¢S autho￿ for 10 S¢ptembcr 2021 and were S1￿cd on its behalf b N Mathias. Trustee Page 13

CLONTtR FARM MUSIC TRUST NOTES TO TtIE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 PRINCIPLE ACTIVITY Clonter Fa￿ Music Trusi is aD whi¢h 5uFy)rty ¥tivity¢s foTptrfoTrnirygtrrts. AccouNfiNG POLICIFS B&sli of prtparingthe financi•l st•tenwths The fimathcial stslet)￿rtts of the chan"table wmpaDy. whictrL is a public b¢Defit entity under FPS 102. have beeD prepared in a¢cordon¢e i¥ith the Clwities SORP (FRS 1021 'Accowiting and Re[￿1Th8 by Charities.. Statemeni of RecornmeTrJed Praciice applicabl¢ io charities PTeparin8 tTrir actoutsts in aC¢oTd￿t with the Fir￿n¢la1 Reporting stat￿ applicable i the UK 3nd Republic of Irelattd IFRS IW2) leffeciive l January 2019y. Fin￿￿18] Re[￿)rling Standard 102 The Fin2rKiaJ Reporting Stsndard applicabl¢ iti the UK and Republic of Ire]atttt and the Con]panies Act 2006. The fmaocial stakmettts bave been pr¢pattd unthr th¢ hi5Lors¢aJ ￿51 wnvemi Incom¢ All ￿COllIe LB te¢ogDis¢d in the s￿emtht of Fio•o¢i•l AdiVili¢6 oa¢e th¢ ¢b¥rity ]w ¢Wid¢oKtsi ro th¢ li 1$ probabk that the income vrill be recetved and the amouni can t¢ Mt¥5ur￿ ￿1iabty. IDwm¢ from dotulions atLd grdnts, Includ￿ ¢4pital and doDatioty& attd aDy related sift ai￿ ts iticluded is) iD¢Qmi]J8 r¢souTce5 when th￿¢ are receivabk. except when they trlate to fiLtutt xeoutttini peri(yls or whetL the thnor /gtantors impose Pre-condiiions that have not br£n met In these ca5r5 the income is deferred until the future period andlor th2 conditiotLS havc b¢eM m¢t. Where condiiions are imposed whith rc5trict tk of lTr￿j￿¢ to • wifiG PWFW tkn it is intlud¢d in inwning r¢sOur￿5 nderresrrict hjnts wherb it is dve. ExpeDdit¥T¢ Liabilitie5 are tetwis&l &$ exwwJtDJre &$ as there is a kgal ￿ ¢oosttu¢tive obligation committing the charity kn that expenditUTC, it is probAble thai a tra￿sfe1 of economic knefits will be requir>J io seu]ement and the ameurti of the obligatio yn br m¢a$ur¢d ieiiably. Expelldituyt is ac¢outtd on all xcruaLs basis attd been tltqsified under he&liti8s ihat aggT¢gair all w5t to the categthy. Wh¢Te costs be dI￿￿Y allributal to paEti¢ular headings th¢y have bt allocatrd 10 aciiviti¢s on a basi5 Wn5i5Dt with the us¢ of tesou costs b8xd on the exwdiwre pul 108dber. TDgiblt tsed sstLI De￿CIati0D 1$ provilkd at the followin8annual ratts in IAthrto wrioff each ast over itststimated￿1 life. FixtUT¢S and fittings Computv ¢quiprn¢nt 21YA on citst IIYA ott cost 51fA on Cost. 33% on to# ¥thd 2￿fi rn ¢ost Txtlo The charity exempt from torwation tsx on its ch8ritsblextiViÉie Tht charity is T¢gi$tered for VAT and is thjly able ts> rttovet of the input tsx il K% cborlal. Costs r¢ stated llet of VAT wer¢ it is GbHrgryl and iry¢cov¢rnbl¢ VAT i5 ￿K]￿lEd urykTrhwitsbl¢ w*ivio¢5. Fund #ctountiDg Un￿strict￿ fi]nd5 can be UE¢d in acwrdance with thr dwitsbk obi#bv¢s attbE ¢J15c￿l￿n of the In￿￿¢5. ReStric￿d fuDd5 can on]y be used for pgnicu]8r Te51n"cle4J purposes the objetts of the ¢banty. Restrictions arise wtsen specilied by the donor or wben fijnds are nised for parricular restric￿ ]NuF￿8. Furth¢r¢xpionatiott of th¢ puryKw of ¢¥h fityl is irfluthd IN th¢ fo th¢ ruw￿10] 5tst¢mcDt& Pa8e 14 tonlillued...

CLONTER FARM MIJSIC TRusr NOTES TO THE FtNAP4CIAL STATEMENTS- contSn•ed FOR THE YEAR ENDED 31 DECEMBER 2020 2020 2019 Fundraising eveDts Sponsorships 2.441 7,987 13.531 2,Ml 21.518 VESTMENTThCOME 2020 2019 TDtertst reeeiv 97 230 SUPPORT COSTS Costs Tsxals Theatre and Workshop Futhi$ing her a￿1VIneS 72.170 12J75 7L170 12J75 1.790 2390 8fi835 Suppott tosts are those fu￿[10￿$ which assia Work of the thatity either by supwthg the delivery of the ehaTitsble a¢lLVLties or by 511PW>rtill8 the seneratiimof fi]nd%. They ithth bxk functiQD5, f￿elance Staff c05ts and PTofEssiollal fee5. NET INCOhfFJIEXPENDrruRE) Net incomd(exprDditUTC) is Stdaft¢rCbar￿￿￿(crCdI￿ll￿).' 2•20 2019 Depreciation. owned assets lJ23 .736 TRUSTEES. R&MUNERATION AND BENEFITS 31 December 2019. TTWtees' t￿enseS There were blJStees' ex￿nSeS Pa￿ for the year endcd 31 fknYth*2020 nor for the yearendtd 31 Dttember 2019. Page IS ntinu￿...

CLoNfER FARM MiJSIC TRUST NOTES TO THE FINANCIAL STATEMEP4TS- cwll•ued FOR TETE YEAR ETrIDED 31 DECEMBER 2020 SfAFWCOSTS Th¢ avmg¢thonthiynumberof employees thmn8 the year w•5 45 follo￿.. 2020 2019 Office athitiistration in¢luth8 Tn No employ¢t5 r¢G¢iv¢d ¢mol¥nwDty iti ex¢ess of £60.INKI. COMPAIL4TIVES FOR THE STATEMENf OFF￿ANC[ALAcllvITIES UDrcstrictE41 Rc5tricted Totsl fvnd$ Do￿tIOnS aThd le8xics 137.l3l 23.( 160.131 Chrftable aetMtItJ Theatre and workshop Ancillary tAding J48.946 12.978 89.484 238,430 12,978 Uther tradin8 acti¥itses IhvesbYttt inctyne 21518 230 21.518 230 Tot1 320,803 112,484 433,287 EXPETrIDITURE ON Chgritgble xctiviti Theatrc and worksh Ancillary trading Fulldrais￿g 269,994 20.989 10575 122,485 392,479 20,989 10,575 Total 301J58 122.485 424.043 J9345 (10,0011 9244 RECONCILIATION OF FUMIS Tot1 funds brought f•rward 120.490) 23.(K)I 2511 TOTAL FUNDS CARRIED FORWARD 11,245) 13.lJ(K) 11,755 Pw16 ntiTW¢d...

CLONTER FARM MUSIC TRUST NiyfEs TO THE Fll¥Al4C￿L STATEMENTS-toAtitsued FOR THE YEAR ENDED 31 DECEMBER 2020 TANGIBLE FIXED A&SETS L4)ng leaseknld FixDJrts Computty e4UiPmMt Totsls COST At l January 2W20 Additions 204163 4U47 17J62 1.776 260,772 1,776 At 31 December 2020 201.163 4U47 19.138 262J48 DEPRECIATION At l JanuAry 2020 Charge for year 201.163 40h59 IA680 1,026 258A02 1.8ZJ At 31 Drttmber 2020 201.163 41N56 t7.71J6 260J25 ET BOOK VALU At 31 Decemtr 2020 791 1.432 2323 At 31 D#¢mb¢r 2019 1.588 682 2.270 ii. DEBTORS: AMOUKfS FALLINC DUE ￿TIllr4 ONE YEAR 202 2019 Trade debioTS VAT 26.319 P￿paYMents IJ 6,602 4,484 32,921 202• 2019 (Mber loatts (see no 13) Trade creditOT5 90.0(K 3J22 886 57,996 9.383 78 VAT Deferred ittome A¢¢n￿d expcns¢s Z82 134,856 161,587 tL)ANS An anatysis of th¢ maturity of loans I$￿Ven ttlow.. 2020 2019 Amounts falling otte yeaTOft dett￿d. Other loans 90.000 Th¢ ¢ODILll8ency 1¢W￿ of £g).iV) have beeD made availahle by swrtU5 of th¢ Chwity. AD wJditiLmal £5.IXJO wa5 iDttodur¢d thi5 y¢Jr by oDe of the supponus andis 88reed wbjerthe samecor#th"tiOD5 as the £85.LKKI brought foThvard. Page 17 corttirtued...

CLONTER FARM MUSIC TRUST NOTES TO T￿￿ FINANCIAL STATEMENTS- ¢olltinMed FOR THE YEAR ENDED 31 DECEMBER 202• 13. LOANS-¢otttiDued The leDders bave agreed that tb¢ir rigbr5 to T¢payrnr 5knould be S￿￿[diData ty thox of any Oth￿ ￿Editor of the chatity. The monies have been d¢r￿ltrd in a separa inTes1 account arKI may t¢ drawm douryl to SUPFQrt tbc cashllow need5 of lh¢ charity as requir¢d. ID the ev¢nl that all thc loAn is rept4 inten5t Ivill & payable to the lend¢r computtd trn the followin8 basis.. (al Any inter￿1 earned by the ¢lL3rity in IhE separate interest-Faringxcourtt shall k due. (b) Int¢r¢st at 2% per annum on any bajancc transfrrred from the seP￿te itLtereSt-￿a￿Thg attount until it l5 retwncd. or until thc wholc of the loan 15 T¢pW￿ whithvu isthc date. Itl th¢ cv¢nt that the whole l¢)an is Tcpajd ro ¢1¢hu lerK￿ by 31ST Match 2022, or shortly ther￿fiel. any inteTesi eniiikmeni will t¢ waived. It is In￿ded thai the loan will ￿ ryid ID fvll by 51￿ March 2022 provided th15 can bE done without jeopardising the fin8nci•l p)silith) of the chaniy. 14. LEAStNC ACREEMENrs inimum l¢ase paymenty ￿)der I￿￿tan¢¢lIable oFeriThg leaxs duea¥ folknws.. 2020 2019 Within on¢ ycar The £10.0￿ provi8ion is a l¢w for th¢ KAw)Wi¢r wkn.ch h&8 the4￿17Y l*et) paid off at th¢ dat¢ of si￿1￿% these 15. MOVEMETr4T IN FUNDS Nct Overy￿nt TI￿Sfer$ b¢￿ten fijnds At 31.12.20 Atl.l.20 u￿￿trICted Cunds G¢￿TrI fiLnd (1345) 12038$ J19040 Rertricted furtds Work5hop5 P¢rforn)ances isooo) &799 (9.1Th)0) (4201) &799 TOTAL FUNDS 11.755 IIAQ84 I27￿9 N¢t thovemetLt ill fuThJ4 irKludEd in th¢¥Erf)v¢ •r¢ As folk)ws: Incotn Movernent in fund5 .'pcnded Unrestricted GefteTa] fund 269333 (IK948) 120385 Reilriried fuDd5 Workshops PerfoTrnances Event H 42,463 31.440 137,664) (40,440) (so￿) 799 (9.00fy) (￿101) {4JOII TOTAL FtJNDS 348.136 (232.052) IIA084 Page 18

CLof4TER FARM MUSIC TRUST NOTES TO TFtE FtNANCIAL STATEMENTS- tonthttutd FOR THE YEAR EfffjED 31 DECEMBER 2021) MOVEPfEKf IN FUNDS. eootlnued Compr¥tSv¢s f•r movement In fvDds 0Vett￿ni At 31.12.19 At 1.1.19 Unrestrlcttd funds General fund (20.49YI) 19.245 11245) Restrided funds Workshop5 PtrformarK¢s 9,000 4.000 14.(K) (lo,￿1 ) 23.wl (io.wi ) 13,0 TOTAL FUNDS 2511 9.244 CoryJporntiv¢ n¢t movcmcnt in furKl4 irth]dtyJ io the atrA)vearE follow5". Inwmrng Movment in fvnds expendtd Unrestricted funds Ge￿er81 fiwd 320.803 (301.558) 19245 Restriefed fundy WoTk$hop$ Pcrformanres Event Hir¢ 45.564 58.920 {45.564) {68.921) (8,(m) {io.ooi) 112.484 {l22.485) (10.001) TOTAL FUP4DS 433287 1424,043) 9244 i& RELATED PARTY DISCLOSURES Truste¢- IAst ye4t a ttlL8tee w$ ttivolved in transaction5 with the dwity frjr norte activities. The balaoce of £423 in 2019 accourtts h&$ been paid durin8 the year. J •Dd A Lockett: The cb&ity h&8 entered ittto a number of tr￿￿¢[10￿ with J athl A L4xke(L the pamts of the S Farmer. The nsactiolls during the yesrart fjs follows.. G4Td¢rtiDE services ai £2J92 for th year(2019 £2.4961" AccorDmodation at £28 p¢r ni￿1 P¢T person (2019 £28 w FaSon). Totsl a¢co[n￿lOn Chargrs for th¢ y¢ar W¢TC £1.512 (2019 £10.052)' Otherexpenses wtalling to n6012019 £1.4001' They were a]so recharged for cxpcnscs iDcwrcd by the chity of £72 (2019 £311) and * the lJalarKe shect dak the amouni owitig to the chanty was £1812019 £17). Th¢ ¢hzrity rEnts its pr¢mi5e5 fr¢eof charge fri>m J IAJckctt. J and A Lockett provide bed and breakf￿￿CoM0￿.00 ftrvisilitiRottyty. Page 19 coNinueO...

CLONTER FARM MUSIC TRUST NOTES TO THE FINANCIAL STATEMENTS- ¢ODti•yed FOR Tlte YEAR ENDED 31 DECEMBER 2020 16. RELATED PARTY DISCLOSURL8. contillwtd Chief Executiv￿= Addiljottally. the company h&5 ¢ntcRd iDt0ti3DSXti¢)Th%with A H￿rn￿ll$lld I IAkettthe sisters of S Fartller. A HaTman is engag¢d a5 Joini Chcf EXC￿tiV¢ jud thc EIuLwon D¢vclwn¢Tht Officer 4ttd w•s p#id expeE attd fees totalling £13,148 io theyear12019 £16.8261. l Lo¢k¢tt 1$ thg4td &8 Joirti ChefEx&xlltive Administrator. a￿d w85 pid fees ￿ exrrtn5es totslling £26.804 in the year (2019 £23.603). ThTe¢ clos¢ fllmily mernbers of S Farrnry hav¢ the ¢hatity, • S& Out ID th¢ loa￿ note £90,0(MI was ouisianding at th¢ yur ¢n S Farnier h&8 no fJnancia] inrertst in any of thE thvt IraDSIti￿ and thx5 not play •Dy part in Board deci5iODS gffeaing Iler family membeys and the Charity. Tbe tswtee5 believe that ail of thue alTan￿ents are in th¢ brst iDtu¢st of th¢ cknityand ajlow it to operate cffcctivcly. Doatiow: As far as thc trnstees 8re ablc to dtrcnDiJC the I￿￿at¢ valy¢ of unrwTiCted doDatioD5 to the charity by tru5ttts aDd other relad partLe5 w&s £67112019 £13.178). 17. RL8TRICTED FUNDS The ¢I￿]ty rettived restricted fth of £31,440 durin8 the year (2019 £43,920) from TnLSts atsd grants for the theatre They a150 Teceived rE5tri¢trd fvThts of £42,463 (luring tht year (2019 £44,450) from Tr￿ and grknts for the oluc&tionl WOEL8bops. Workshop fffs for 2020 w4¢ Thil (2019 £1,114) ftvm ¢&￿￿1¢ll plovidtrs to co1￿1bUte towds Diov¢r Arts Award w5ts for th¢ educati¢)DaJ worksh(y. Cheshwe East Cwjcil providcd fwJiDg of £5,(KX) (2019 £8.(MX)) kn ¢4)DtributE low￿S associ#t¢d with pontial [￿W the4tre hire income. The Teinainits8 baign¢¢ of £8.79) ID ttstrx¢￿ fithds * the b•11￿ 51M dite 15 ￿led forn•rd to be sptht Oll workshops and ¢d￿allOn io 2021. Further detsils of futtsls ts provided tti the Rep)rtof Tnjste Pagr 20

CLONTER FARM MUSIC TRUST DETAILED STATEMENT OF FtNANCIAL ACTIVITIFS FOR THE YEAR ENDED 31 DECEMBER 2020 2020 Total 2019 Total fimds UnTtsrrided Rcsirictcd INCOME AND ENtM)WMENTS Donations and Itgaeiu ' DoDatiOn5 Grants 76,893 IZ2.500 139.631 20,5(X) 107560 184,453 14340 J99J93 160.131 Other lradittg attiwliies Fut)thJsing ¢v¢nts Sponsotships 1441 2.441 7,987 L441 L441 21,518 IThvesmitDt income lllt¢rfst T¢G¢iv¢d 230 Charitablt activitiu Ticket Sales Charitable M￿ts perfomJan¢c Charitable mjsts worksknps Workshop ftts Other iJJ¢ome Bar￿d cat¢riDg Pro￿ 5Jl¢s and •dveTti$ing Theatre hire i&fJ60 27500 iQ060 49.(MKI 125.850 43.920 .450 4Z.463 4.754 7,329 5.649 18.342 ios 3.115 105 3.115 S2,742 63P63 116.7•5 251,408 (hher IM¢ome Lotal govtrnmentgrnits 29JOg 29,SWJ Totsl kncomlllg rew¥rces 269333 348.136 433,287 EXPEPIDTfuRE Charitknle xcthitses Advert15ing Productions- artisrs and freelance Proth2clions- other direct Workshop- artists aDd freda￿e Workshop- otherdirt£t Theairt & premÈs Audiiions Opera prite Froni of house costs Hospitality and welfare l)Tewvcrable VAT Bar and caient)g Carr¢¢O forward 10,031 4265 933 21JOO 14940 2&428 10,964 25,765 15.921 4428 8J03 29.907 5.634 16,986 72,923 62,617 32.979 10,266 58,883 3,514 4.(KlO 4.749 29 loo 657 264 7,101 4.157 62J97 657 264 13,218 16,748 298,751 4.157 IIM$ pa8e Mt forn part of the staw fitiancthl stsiemthty Page 21

CLowfER FARM MUSIC TRusr DETAILED STATEMENT OF FINANCIAL ACTivrrtES FOR TRE YEAR ENDED 31 DECEMBER 2020 2020 Total fuDd5 2019 Total funds Urrttricted Restticted Charitsble gclivities Brought forward 6U97 261 71104 298.751 4,241 1,284 261 Donathons Me￿handl5lTrg costs Depreciation of tan￿b]e fjxed assets t¢r¢5t. cr¢dit wd and bankc￿Ee$ 167 167 Ji23 1.736 3.426 lJ65 67.113 104 14S.217 309,438 Support costs Otber Freelartce stsff costs Offic¢ And other costs 63￿22 I6￿23 83.065 29.440 145Z3 79J4S s.mo 84.545 A 12.505 Gtsv¢rnan¢¢ ¢osts Accountsncy fees Profrssional fr J.8113 487 2.IIKJ 2.291 2.100 Total resouttes exFJ 83.104 232,DS2 424.043 Net lieome 120285 (4201 > 110.084 9.244 This pog¢ dLK5 not form prtof thr finHncial Py22