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← The Bryan Adams Foundation

2024-03-31-accounts
Trustees' Annual Report for the period
From Period start date To Period end date
01 april 2023
31		 mar 2024

Reference and administration details

Charity name The Bryan Adams Foundation

Other names charity is known by

Registered charity number (if any) 1117863

Charity's principal address
8 Apollo Place
8 Apollo Place
London
PostcodeSW10 0ET UK

Names of the charity trustees who manage the charity

1
2
3
4.		 Trustee name Office (if any) Dates acted if not for
whole year		 Name of person (or
body) entitled to appoint
trustee (if any)
Bryan Adams
Rafi Manoukian
Alicia Grimaldi
Andrew Trotter

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of advisor Name Address

Name of chief executive or names of senior staff members (Optional information)

N/A

Structure, governance and management

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Description of the charity’s trusts

Type of governing document

Trust Deed dated 11 December 2006

How the charity is constituted

Trust

company)

Appointed by Founder, Bryan Adams Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Objectives and activities

Summary of the objects of the charity set out in its governing document

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Summary of the main activities in relation to these objects

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

Achievements and performance

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Achievements and performance

Summary of the main The Foundation made 23 grants totalling about £270,000, ranging achievements of the charity from $CAD2,500 to Spirit North in Canada for activities to improve during the year health and well-being of indigenous youth to £1,000 to Key4Life running programmes for young offenders to offer a brighter future. A significant donation was made to purchase a van as part of the “White Stork-Aid for Ukraine” fundraising. Five significant grants were also made to support the Gaza crisis- £25,000 was donated to each of Hoping Foundation, UNICEF, British Red Cross, Save the Children and Palestine Children’s Fund. The funds raised from the Classical Concert for Children by Candlelight in December 2023 were split between two charities: £22,000 was donated to each of Nordoff & Robbins Music Therapy Charity and The Cheam Foundation for bursaries.

Of the 23 grants made, some were repeat grants including about £6,000 to SVG Sailing Association to support sailing camps for youth in the St Vincent & Grenadine islands.

The Foundation and BA Foundation Trading received £20,000 in sponsorship for the Classical Concert by Candlelight (£10,000 from John Armitage Charitable Trust and £10,000 from Sonova AG). And received £6,750 in sponsorship from Raffy Manoukian for the screening of “Someone’s Daughter, Someone’s Son” homelessness film raising funds for Centrepoint. Additional income constituted ticket sales and donations from our two fundraising projects- the classical concert for children (approx. £24,000) and the screening of the homelessness film (£44,000). Please note the donation made to Centrepoint from funds raised from the screening of “Someone’s Daughter, Someone’s Son” was made in April 2024 so will show in the following year’s accounts. A small Gift Aid reiumbursement of £6,725 was received in January 2024.

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Achievements and performance

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Financial review

Brief statement of the charity’s policy on reserves Details of any funds materially in deficit

Further financial review details (Optional information)

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You may choose to include additional information, where relevant about:

Principal sources of funding:

Other optional information

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Alicia Grimaldi Position (eg secretary, chair, Trustee/ Administration etc) Date 19th November 2024

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BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 (REG. No 1117863)

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 PROFIT AND LOSS ACCOUTr Unr•strlct•d Restrlctod Income Endowment Funds Funds Fundg Total th1• ar T)t•l last year Incomlno R•$ource• {Noto 3) Incomlng resource8 from generated fiJnd$ Voluntary Income Actlvllles for gener8tlTh3 fvrKI$ Inve8lment Incom8 352 81,991 352 83,435 608 280.202 1,444 608 174 In¢¢mlng r080ur¢•• from charltablg actfvitks Oth•r Incomln9 rMour¢•• T¢Xal InGomlng ro•our¢•• 280 376 Resour￿¥ oxp•nd8d (Notes 4-6) C08ts of Generatlng FuThJs Costs of gen8ralfvJ voluntary Incomo Fundr818lng tr8dlng ￿$ts Inv88tm6nt management costs 8,808 8,808 (7.548) ChaTltabl• actlvllh• 187.376 87,587 274.963 180,486 Gov•rnan¢• eo•t• Oth•r fo•ourc•8 •xp•nd•d Total r•8ource• oxp•nd•d 196.184 87.587 ,771 N•t Incomlng l (outgolng) r•wiK•s b•for• trnn•f•r• (194,1321 (5.244} {199,376} 107,459 GM•• tran•f•r8 b•tw••n lund• N•t In¢omlng l (othgolng) r••ourc•8 b•ftr• other r•cognl8od g•ln• l (lo$¥•s) 5,244 37 Oth•r rocognliod galns l (Iosu81 Galns and hJsse8 on revaluation of flxed 8$88ts for the charws own use G81n$ and1058e8 on Investm￿t as8818 Not movements In funds Totsl funds brought forw•rd 512,071 57.082 569,153 461,694 Total funds carrled forward 317,939 51A38 569,1S3

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 BALANCE SHEET AT 31ST M￿CH 2024 R•strlcted Unrestrlctod Income Endowmont Funds Funds Funds Total th18 Total last ar Flx•d A$8•ts Tangible Assets Investments Total Flx•d A88•ts Curr•nt AFsot8 Stock and work In prc¥Jr88S Oebtors Short tem Inve$trnenls Cash at bank and In hand (Note 7) 7.623 7.623 40.598 362,154 362.154 528,555 Total curr•nl a888t* 369.777 369.777 569,153 Credllors: amounts falllng due wlthln one year {Note 8) N•t ¢urrenl assot81 {Ilab115tlos) 369,777 369,777 509.153 Total assets le55 currenl liablliti88 Creditors.. amounts falliw dug after one year Provlslons for Ilabllitles and charges Not AFs•t8 369,777 369,777 569,153 Funds of th• Charfty Unreslrfcted lunds Restrlcted Income funds Endowment funds 317,939 51,838 317.939 51,838 {Note 9) 512,071 57,082 Total funds 369.777 369,777 569.153 Trustee Name: Date: Trustee Naffe: Dale:

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE ACCOUNTS 1 Basis of Proparatlon 1.1 Basls of accounting These accounts have been prepared on the basis of historic cost (except that Investments are shown at market value) In accordance viith: Accounting and Reporting by Charities - The Charities Act 2011 and 'Accountlng and Reporting by Charlties: Statement of Recommended Practlce applicable to charities perparing their accounts in accordance wlth the Financial Reportlng Standard 8pplicable in the UK and RepublSc of Ireland (FRS 102),. 1.2 Change In ba818 of accounllng There has been no changes to the accountlng policies since last year. 1.3 Changes to provlou8 aGGounts No changes have been made to accounts for previous years. 2 Accountlng Pollcl•s Incomlng ro8ourc•s R•Gognttlon of In¢omlng r•sour¢•8 These are Included In the Ststement of Financial Actlvltles {SofFA) when: (8) The charity becomes entitled to the resources,. (b) The trustees a￿ virtually certaln they will receive the resources., (c) Tha monetary value can be measured with sufficient reliability Incomlng rn8ourG•8 wlth rèlated exp•ndlture Where incomlng resources have related expendftura (as wlth fundr8islng or contr8Ct income), the incoming resources and related expenditure are reported gross in the SOFA. Grants and donatlon• Grants and donations 8re only included in th8 SOFA vthen the charfty has unconditional entitlement to the resources. Tax roclalm8 on donatlon8 and glfts Incoming resources from tax reclaims are included in the SOFA at the time of recelpt. Conlractual Incomo and pgrformance related grants This is only included in the SOFA once t1￿ related goods or services heve been dellvered.

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE ACCOUNTS Gifts in klnd Gifts in kind ere accounted for at a reasonable estimate of their value to the charlty or the amount actually realised. Gifts in klnd for sale or distribution are included in the accounts as gifts only when sold or dlstributed by the charity. Gifts in kind for use by the charity are Included in the SOFA as incoming resources when receivable. Donated servlcas and facllltl•s These are only Included in incomlng resources {with an equivalent amount in resources expended) ere the benefit to the charbty Is reasonably quantlfiable, measurable and m8t8rial. The value plac8d on these resources is the estimated value to the charity of the service or faclllty received. Voluntsar help The valu8 of any voluntary help receSved is not Included In the accounts but Is descrtbed in the trustees, annual report. Inve8tm•nt InGomo This Is included In the accounts vthen receivable. Investment galns and 108808 Thls Includes any gain or loss on the sale of investments and any galn or1088 resulllng from rev81uing investments to market value at tha end of the year. EXPENDITURE AND LIABILITIES Llablllty reGognttlon Liabilities are recognised 8s soon as there Is 8 legal or constructive obligatlon committing the charity to pay out resources. Govgmanc• costs Include costs of the preparation and examlnation of statutory accounts. the costs of trustee meetlngs and cost of any legal 8dvice to trustees on governance or constitutional matters. Grants wlth performanG• condltlons Where the charity gives a grant wSth conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipienl of the grant has provlded the specified 5ervic8 or output.

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE ACCOUNTS Grant8 payable wlthout pérforn)ance condition8 These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant vthich remain in the control of the charity. Support Costs Support Costs Include central functions and h8ve been all￿ated to activity cost categories on basls consistent with the use of resources. eg allocatlng property costs by floor ar8a, or per capSta, staff costs by th8 time spent and other costs by their usage. ASSETS Tanglblo fix•d assets for u80 by charlty These are c8pitslised If they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on recelpt. Inv•8tmont8 Investments quoted on a recognised stock. exch8nge are valued at market value at the year end. Other Investment assets are Included at trustees, best estlmate of market value, Stocks and work In progress These are valued at the lower of cost or market value. 3 Analy815 of Incomlng rn8ourco• Th18 Year (£) L•$t Year Voluntary Incomo: 8ryan Adams Rafi Manoukian - Hoping Foundatlon A&F Music Ltd (Bruce Allen) The Leighton Pope Organisatlon Just Glving - White Stork- Aid for Ukraine Hoare's Bank Golden Bottle Trust- White Stork- Aid for Ukraine Inchcape Foundation - White Stork- Aid for Ukraine Metropolis Group - Whlte Stork - Aid for Ukralne Kate and Marcus Agius Foundation - White Stork - Aid for Ukralne Tanlaw Foundation - Whlte Stork - Aid for Ukraine HMRC Gift ald relmbursement {£) 100,000 25,OC(I 4,121 1.000 42,082 1,000 5.000 10,000 2,000 40.000 50,000 352 Actlvltles for genoratlng fund8 Classical concert Film Screening 30.153 51,838 81,991

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THE ACCOUNTS 3 Analys18 of Incomlng resources (contlnued) Investments Thls Year Last Year (£) (£) Bank Interest 608 174 4 Detalls of certaln Itoms of oxpendlture 4.1 Trusteo oxpen808 Th18 Year Last Yaar Number of trustees that V￿re paid expenses Total amount paid None £Nil None £Nil 4.2 Fees for oxamlnatlon or audlt of tho accounts Th18 Year Last Y•ar Independent examiner's report and other fees £Nil 5 Staff Costs The Charlty has no employ8e3. 6 Grantmaklng 6.1 Total valua of gran18 Grants to Institutlons Nama of In8tltutlon Purp080 (£) SVG Salling Association Andrew Trotter - Whlte Stork Aid for Ukralne Restless Development School Food Matters The Brain Tumour Charity Key4Llfe Whlte Stork Ald Ukralne MAD Foundatlon - Whlte Stork Ald for Ukralne Muslc Educatlon Charlty Splrlt North Vlncentlan Soclety for Protectlon of Cruelty to Anlmals Fundlng Funding Fundlng Funding Fundlng Funding Funding Funding Funding Funding Funding 9,908 30,200 1,000 5,000 1,OCiI 10.000 25.000 1,502 1,502 410 Eli Hampshire Medical Fund Help Musicians Tereza Maxova Foundation Nordoff & Robbins Music Therapy Charity Cheam Foundation {for Bursaries) Hoping Foundation Unicef- Gaza Crisis British Red Cros5 Soclety - Gaza Crisis STCF Philanthropy - Gaza Crisis Palestine Children's Relief Fund - Gaza Crisis St Vinc8nt & Gr8nadines Environment Fund Fundlng Funding Funding Funding Fundlng Funding Funding Funding Funding Funding Funding 1.000 10,000 22,000 22.OCNJ 25.OLY) 25.000 25.000 25,000 25.000 Total 274.963

BRYAN ADAMS FOUNDATION ANNUAL ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 NOTES TO THEACCOUNTS 7 Debtors and Prepayments Amounts falllng due wlthin one year Amounts falllng duo after one yoar This year Last year Thls year (£) Last year (£) {£) {£) Other Debtors Prepayments 7,623 40.598 Total 40,598 8 Crodltor8 and Accruals Amounts falllng du• wfthln one year Amounts falllng due after one year This year Last year This year Last year (£) (£} {£) {£) Trade Creditors Prepald Income Total g Endowment and roslrlctod Incomo funds Incom• Expendlturo Balanc• Restricted funding White Stork - Ald for Ukraine Classlcal Concert Film Screenlng 57,434 £ 57,434 £ 30,153 £ 30,153 51,838 £ 51,838 139 425 £ 87 587 £

Independent examiner's report on the aeeounts Report to the tn1stee5lmembe￿ of RYAN ADAMS FOiTNDATIO On accounts for the years ended I MARCH 20 HARfrY NO. IJ1786 Set out on pages I Respective responsibllities of trustees and examiner The charity's trustees consider that an audit is not required for tliis year (under section 43(2) of the Charilies Act 1993 (the Act), as am¢ndcd by s.28 of the Charities Act ?006) alld that an independent examination is needed. It is my r¢sponsibility io: Examine the accounts (under section 43 of the Act, as amended). To follow the procedures laid down in the General Directions given by the Charity CoEnmission (under section 43(7)(b) of the ACL as amended). And To stste whether particular n)atters have come to my attention. Basis of independent examiner's statement My examination was caTried out in accordance with GeneTal Directions given by the charity Commission. An examination Includes a review of the accounting records kept by the ¢harity and a comparison of the accounts presenled with those records. It also includes conslderntion of any unusual items or disclosures in the arrounts, and seeking explanations fro￿ the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently I do not express an audit opinion on the accounts. Independent exarniner's statement In the course of my examination. no matter has come to my attention which give5 me reasonable cause lo believe that in, any material respect, the trustees have not met the requirements to ensure that:_ Proper accounting records are kept (in accordance ivith sectioa 41 of the Act) - and Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or to whiclL in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Signed= DATE: 2010112025 Name: SYMES Relevant professional qualification ACMA Address.. YMU Business Management Ltd 180 Great Portjand Stree( London WJW 5QZ