Trustees. Annual Report for the period Period start date I Period end date From Charity name The Stradivari Trust r names charity is known by Registered charity number (if any) 1106652 Charity's principal address CIO ntrust Accountancy Ltd Suite 3a Kings Hall, Si Ives Business Park Parsons Green, St Ives Postcode PE27 4WY ames of the charity trustees who manage the charity Dates acted if not for whole ear Trustee name Office {if any) Name of person (or body) entitled toa point trustee ifan Ms Emily Anne Mary O'Donnell Dr Colin Smithers Resigned 1510412024 Mr Andrew Thomas Swarbick Mr John Willan l Dr Nigel John Yandell 10 13 14 15 18 17 18 19 20 ames of the trustees for the charity, if any9 (for example, any Gustodian trustses) ame Dates acted if not for whole ear TAR March 2012
and addresses of advisers (Optional information) e of adviser Name Address e of chief executive or names of senior staff members (Optional information) Structure, overnance and mana cri tion of the charity's trusts Declaration of Trust Type of governing document L"'-d>l d£--c;. cop.," How the charity is constituted rust Trust Trustee selection methods Appointed by board of Trustees nal overnance issues (Optional information) Youm se to include additional information, where relevant, about" policies and procedures adopted for the induction and training of trustees. tkie charity's organisational structure and any wider neiTrvork with which the charity É¥ relationship with any related Paitties- trustees, consideration of najor risks and the system and procedures to manage Objectives and activities March 2012
1.To promote, maintain, improve and advance education by the encouragement of the art and science of music and in particular (but without prejudice to the generality of the above) to award an annual music prize to the best music student in the faculty of music in the university of Cambridge ('the faculty,), such student to be selected by the faculty, to be called 'The Nigel Brown Music Prize,. 2. In furtherance of the above, but not further or otherwise, to present, promote, organise, provide, manage, produ and support such concerts, I musical ples, lectures and musical entertainments and exhibitions as are conducive to the promotion, maintenan, improvement and advancement of education by the encouragement of music and to formulate, prepare and establish schemes thereof. 3. To or for the benefit of such exclusively charitable objects and purposes as the trustees may in their absolute discretion think fit. uni.mary of the objects of the rity set out in its overning document Advance education by the encouragement of the art or science of music. Grants donations to musicianslmusical groups. Sponsorship of the same. Promotional concerts. Although it has not been possible to award an annual music prize for several years, plans are UndeaY to reinstate this, to be called 'The Stradivari Trust Music Prize,. The trust continues to facilitate the purchase of high-end musical instruments on behalf of the musicians and administers the management of the musician buying out the schemes over a number of years. For the last couple of years, the Trustees have had to streamline the running of the charity after the passing of the trusts main donor which has been all encompassing. The Trustees are confident that the charity will continue thanks to the generosity of new donors and the natural sales and musician purchases of schemes. of the main tivities undertaken for the enefit in relation to objects (include within ction the statutory laration that trustees have adr ard t the guidance J the Charity Ission on public fit) ep. ddltional details of objectives and activities (Optional information) TAR March 2012
You ay choose to include further statements, where relevant, about: policy on grantmaking., DGlicy programme related investiTJent- contribution made by clunteers. Achievements and performance TAR March 2012
mmary of the main chi ments of the charity e year Securing funding for future years and advancing on the buy backs of ownership for various musicians. TAR March 2012
Financial review Retain sufficient funds to cover known expenditure for a three-month period ahead. rief statement of the 's policy on reserves etthils of In d ficit ny funds materlally Further financial review detsils {Optional infomatlon) ay choose to include ,'onal infomiation, where relevant about: 'lie charity's principal sources of funds (including any fiJndraising)- how expenditure has supported the key objectives of the charity; investment policy and objectives including any etlical investment policy ddopted. Other optional information ' Th& trust made a deficit in the prior year because its founder and major sponsor became ill and lost mental cap&City and therefore no donation was made during that period. The trustees have been looking at alternative sources of funding and have returned a surplus in the year to 5th April 2024. Declaration The trustees declare that they have approved the trustees, report above. on behalf of the charlty's trustees nature(s) Full name(s) S6cretary9 Chair, etc) Dr Colin Smithers sition (e Trustee Date 5th February 2025 March 2012
CHARITY COMMISSION FOR ENGLAND AND WALES ) ii,, aFiyI The Stradivari Trust Receipts and payments accounts CC16a For the period from .j8te To 0610412023 0510412024 i.on;"A Receipts and payments Unrestricted funds to the nearest Restricted funds Endowment funds Total funds Last year to tho nearest£ to th& near&st £ to the Aearèst £ to tho nearest £ Al Receipts Charitable Activities Voluntary Incx)rne- Don*"ons Investment income 24.932 48.293 286 24,932 48,293 286 S1.990 51 Sub total (Gross income for AR) 73.511 73.811 A2 Asset and investment sales, {see table). Sub total 73,511 73.511 60,946 A3 Payments Cost of Charitable Actiwb"es Grants 27.065 27,065 26,92 13.500 Sub total 27,065 27.065 40,421. A4 Asset and investment Durchases, (see table) Sub total 27.065 27,065 40.424 Net of receipts/(payments) ranÉf6r3 between funds A6 Cash funds last year end Cash funds thls year end 46.446 46,446 20.5?2 2,782 43,664 500 500 2,282 44.164 22,804 CCXX R1 accounts (SSI 0510212025
- liori;B Statement of assets and liabilities at the end of the period Unrestricted funds to tr$t £ Restricted funds to nearest£ Endowment funds to nearast£ Categorie$ Details 1 Cash funds 43,664 soo Totsl cash funds 43.664 500 (agree baianwwith re¢eipt8 paym&nts accouniisii JK. Unrestricted funds to nearest£ OK Endowment funds to nearest £ Restrlcted funds to nearest £ 1,956,467 Details Funds held for conthbutois 2 Other monetary assets 43.684 Fund to which asset belon Unrestricted Current value onal Details Investments donsted Cost {optionall 67.596 3 Investment assets Fund to whÈch asset belon Current value tional Details Cost loptionall sets retained for the charity's own use Fund to which r¢lat&s Amount due ional 1,953.803 When due Details Creditors 5 Liabilities Restrict¢d Unr*ricted 2,184 Signed by one or t0 trustees on b8half of all the trustees Date of roval Signature Print Name Dr C Smithers 512125 CCXX R2 accounts ISSI 0510212025
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Charsty N8me The Stradivari Trust On accounts for the year ended 5° April 2024 Charity no (if any) 1106652 Set out on pages (Mernber to Include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (°the TrusV> for the year ended EKri 6 c- io+ jt..,,; Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation ty-l basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {h8 Act"). * I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I . have followed the applicable Directions given by the Charity Commission , under section 145{5){b> of the Act. I have,completed.my examination. I confirm that no.material matters have come to my attention in connection with ' the examination,which gives me cause to believe that in, any material" .- respert: ,'accounting records were not kept in accordance with section '130 of the.Act,or,. <•,&&.";the accounts do not accord with the accounting'récords I have no concerns and have come across no other matters in connection- . with the examination to which attention should be drawn in order to enable a proper understanding of the aGC_ounts to be reached. Please delete the words in the brackets if they do not apply.. Independent, .. examiner's ststement, -Signed:. ILJZ/ tsL.g. GILBÈRT HOLBOURN-. RèlgVAnt professlonal . CHARTERED ACCOUNTANT qualifiGattoD(s) or body., - (If any): . "Addr8SS: . 1 UPPER BRIDGE STREET - KENT TN25 SAF 0GtOr 2018
Section B Disclosure Only complete rf the examiner needs to highlight matters of conGem (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief detalls of any itsms that the examiner wishe5 to disGlose. 14 J4 October 2018=