|||||||||
|---|---|---|---|---|---|---|---|
|**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||
||||
||**Postcode**SW10 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**
**December 2005**
**TAR**
1
## **Description of the charity’s trusts**
Type of governing document
Trust Deed dated 11 December 2006
- (eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association,
company)
Appointed by Founder, Bryan Adams Trustee selection methods
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- Policies and procedures adopted for the induction and training of trustees.
- The charity’s organisational structure and any wider network with which the charity works.
- Relationship with any related parties.
- Trustees’ consideration of major risks and the system and procedures to manage them.
## **Objectives and activities**
- To advance the education of children & young people throughout the world.
- To relieve financial hardship, sickness & poor health amongst elderly people
- To relieve people who are elderly or disabled by the provision of carers & support for those carers
**Summary of the objects of the charity set out in its governing document**
- To promote humane behaviour towards animals by providing appropriate care, protection, treatment & security for animals which are in need
- To promote the conservation of the physical & natural environment
- Relief of people who are victims of war or natural disaster
- - To establish and maintain museums/ art galleries for public benefit
- Provision of facilities for recreation/ leisure for social welfare
- - To assist in treatment and care of persons suffering from mental or physical illness and to provide for scientific research into preventing such illnesses.
**December 2005**
**TAR**
2
- Provide human resource (e.g. staff / volunteers)
- - Act as umbrella or resource body
**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:
- Policy on grantmaking
- Policy programme related investment
- Contribution made by Volunteers
Achievements and performance
**December 2005**
**TAR**
3
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.
**December 2005**
**TAR**
4
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)**
**December 2005**
**TAR**
5
You **may choose** to include additional information, where relevant about:
- The charity’s principal sources of funds (including any fundraising).
## Principal sources of funding:
- Sponsorship & donations for screening of “Someone’s Daughter, Someone’s Son” homelessness film in aid of Centrepoint.
- Sponsorship, ticket sales & donations for “Classical Concert for Children by Candlelight” in aid of Nordoff and Robbins Music Therapy Charity and The Cheam Foundation
- - Gift Aid reimbursement
- How expenditure has supported the key objectives of the charity.
- Investment policy and objectives including any ethical investment policy adopted.
## **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
**December 2005**
**TAR**
6
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 $ts
Inv88tm6nt management costs
8,808
8,808
(7.548)
ChaTltabl• actlvllh•
187.376
87,587
274.963
180,486
Gov•rnan¢• eo•t•
Oth•r fo•ourc•8 •xp•nd•d
Total r•8ource• oxp•nd•d
196.184
87.587
,771
N•t Incomlng l (outgolng) r•wiK•s b•for• trnn•f•r•
(194,1321
(5.244}
{199,376}
107,459
GM•• tran•f•r8 b•tw••n lund•
N•t In¢omlng l (othgolng) r••ourc•8 b•ft*r• other
r•cognl8od g•ln• l (lo$¥•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 Investmt 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 MCH 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 allated 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 Vre 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