## Baluji Music Foundation Annual Report ## **Year ending 31st March, 2021** Registered Charity 1130985. Report prepared by Linda Shanson, Secretary and Lindsay Ireland _* Inner Vision Trio performing in the garden at St John’s Church Waterloo as part of the inaugural Blind Spot Series. From left: Rishi Gulati on sax, Baluji Shrivastav on harmonium and Kate Portal on concertina_ BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 1 ## **Overview of the year’s main areas of activity** With the emergence of the pandemic, lockdown from March 2020 and repeated restrictions on physical gatherings, our live events, workshop programme and rehearsals had to move online. > ★Free online **international music workshops for blind and partially sighted people led by Baluji Shrivastav OBE and members of the Inner Vision Orchestra on Zoom** . “The singing workshop was one of the best things I have done for ages!” Attendee > ★ **Inner Vision Orchestra first studio recording of contribution for Baluji’s new album ‘Indian Classical Interactions’ published by ARC Music.** This was the first studio recording by the Inner Vision Orchestra and they performed on 9 tracks. The album is available to purchase and to stream here. > ★ **Remote/outdoor rehearsal series** for the orchestra > ★ **Inner Vision Orchestra online mini concert series featuring solo performances** from its members filmed by Eva Maria Spielvogel and broadcast on YouTube Premiere. > ★Launch of **our new paid performing circuit of professional blind musicians - ‘Blind Spot’,** with a series of 8 performances in partnership with St John’s Church Waterloo and Waterloo Festival supported by the Arts Council. > ★ **Educational Indian Classical Music Performances** with South Asian Arts and Mumbai Opera House > ★ **Launch of the new Baluji Music Foundation website,** featuring a new section devoted to the Inner Vision Orchestra and its musicians > ★ **The Amber trust** launched a major new online resource for teaching music to blind children ‘Sound Touch’, and Baluji has featured as a teacher in one of their videos. > ★ **Media.** Interviews and performances on the BBC and ITV including ‘The joy of listening to human voices and snoring dogs’ on BBC World Service > ★ **Grants.** We are enormously grateful to the Arts Council, the Worshipful Company of Spectaclemakers, Garfield Weston, Chapman Charitable Trust and Charles French for their support. BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 2 ## **Inner Vision Online Music Workshops** As a result of the pandemic Inner Vision workshops moved online. Musicians from the orchestra gave a special series of international workshops. Each workshop was led by a different member of the Inner Vision Orchestra and focused on music from around the world, reflecting the diversity of the ensemble. Workshops were free to blind and partially sighted people and took place on Zoom and by telephone dial-in. Workshops leaders were Ziad Sinno - Arabic Music; Kate Portal - English and Irish Folk; Baluji Shrivastav OBE - Indian Music; Kevin Satizabal - Latin American Music; Victoria Oruwari and Remi Abati - Highlife Music; Rishi Gulati - American jazz. We also continued our collaboration of workshops in partnership with Eye Matter which took place online, via Zoom and dial-in. These will resume in-person at Edgware and Royal Free Hospitals when possible. Our Inner Vision workshops and performances are a vital part of the work of Baluji Music Foundation. They improve the quality of the lives of our participants, also promoting a positive image and understanding of blind and partially sighted people. The sessions provide opportunities for participants to exchange information, share experiences and support each other emotionally. “I really enjoyed the music session last night. I'm looking forward to the next. It's a great way to engage musically in these crazy times” “Thanks for a fabulous workshop Kevin. Such evocative music and really good to get inside the rhythms and sounds more deeply.” ## **Inner Vision Orchestra features on new album** **Inner Vision Orchestra recording of new album** on ARC Music with Baluji. Classical Indian Interactions. This was the first studio recording for the Inner Vision BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 3 Orchestra and they performed on 9 tracks from Antardrishti-Inner Vision. The album is was released September 2020 and is available to stream and purchase. ## **Orchestra rehearsals** It was an unusual year and the orchestra couldn’t always meet in person. The BMF set up an online rehearsal series and those that downloaded Jamulus were able to play together in real-time. Jamulus is open source networked music performance software that enables live rehearsing, jamming and performing with other musicians over the internet. Jamulus is written by Volker Fischer and contributors using C++ and is free to use. As circumstance allowed, rehearsals could also take place in small groups or outdoors. Both the BBC and ITV visited rehearsal sessions which took place after the first - lockdown in July 2020 and their reports can be found here. https://youtu.be/S owy182Eh8 and https://youtu.be/lUlfoDubZAU ## **Inner Vision Orchestra online mini concert series** During the lockdown of 2020 the members of the Inner Vision Orchestra were not able to play together for months. This series of concerts streamed on Youtube premiere showcased individual musicians from the Inner Vision Orchestra performing solo from their homes or outdoors with their own repertoire. Performances included Remi Abate from Nigeria on sax, vocal and keyboard, vocals from Fereshteh Khosroujerdy from Iran, Ziad Sinno on Oud, violin, keyboards and vocals, Kate Portal on violin and concertina, Rishi Gulati on sax and Baluji on sitar, dilruba and tabla also accompanying throughout the series. Concerts are archived here https://youtube.com/playlist? list=PLfLecCsZpgWkR2q6GxXGTbFyGU0rnBhbf. Extracts will be used to promote members of the orchestra on the Inner Vision Section of the new Baluji Music Foundation website. We are very grateful to Self Shooting Production Assistant Eva Maria Spielvogel for donating her time and expertise for filming and editing. BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 4 ## **Blind Spot Musical Events** Blind Spot is a new initiative to promote circuits of regular bookings for members of Inner Vision Orchestra and other blind and partially sighted musicians in smaller ensembles. We have a flexible roster of musicians & groups from which venues can select and will be rolling this initiative out nationally. The inaugural series launched in Summer 2020 with a series of eight performances in collaboration with St John’s Church Waterloo and the Waterloo Festival, and was supported by the Arts Council. Performances took place at the church and outside or were live streamed and continued into Summer 2021. Early 2021 ‘Blind Spot at St John’s’ performances featured Blind Spot at Picnic Sunday in the garden at St John’s with Baluji Shrivastav OBE, Kate Portal and Rishi Gulati; Acclaimed soprano Victoria Oruwari and pianist and composer Kevin Satizabal playing their favourite showtunes at an intimate lunchtime recital in the hall at St John’s and a Festive live-streamed performance featuring Ziad Sinno, Victoria Oruwari and Baluji Shrivastav. In December, Inner Vision Orchestra members Abi Baker and Kevin Satizabal and Baluji Shrivastav performed with special guest star Oscar Castellino in the virtual Commonwealth Resounds Inter-faith Carol Concert. An extract can be seen here https://youtu.be/aocqBsO3s2A of the orchestra performing a Goan Carol. ## **Indian Classical Music Performances** Performance by Baluji Shrivastav as part of the Bhaithak Live Streamed South Asian Arts concert series : https://youtu.be/f2ToTrbRNGA. It was still Spring and Baluji played Shudha Basant, Basant, Hari in Raag Kafi and his own composition the CoronaVirus song. Live concert for Mumbai Opera House as part of their AVID learning public education series, accompanied by Linda on tabla. Baluji gave insights on various . compositions and performed Raag Charukeshi. https://youtu.be/bQYReujdC50 BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 5 ## **Launch of the new Baluji Music Foundation website** Designed on Wix, the new website features a separate section for the Inner Vision Orchestra featuring individual bios and performances by all its musicians, links to enable people to book Blind Spot performances and workshops, detailed sections with the Baluji Music Foundation research and projects, events listings, media coverage and of course a lot of footage of performances and music! We have had great feedback from events organisers and funding bodies. https://www.balujimusicfoundation.org/ ## **Partnership with the Amber Trust** The Amber trust launched a major new online resource for teaching music to blind children ‘Sound Touch’, and Baluji has featured as a teacher in one of their videos. Sound touch is all about inspiring music teachers to show them that everyone can work with children with a visual impairment. This video features Joseph, 11 years old, who is blind and on the autism spectrum, Baluji, a professional musician and teacher who is also blind, - and Adam, founder of The Amber Trust. https://ambertrust.app/sound touch/services/ instrumental-and-vocal-tuition/stories/josephs-story/ and the introductory webinar can be found here https://youtu.be/fvEdp63hUUo ## **Media** The work of the Baluji Music Foundation continues to attract coverage from local and national media, which extends our impact and helps promote awareness. Publicity over the year included the following: > ❖ BBC World Service Outlook Interviewed Fereshteh Khosroujerdy, vocalist in the Inner Vision Orchestra about her life in Iran, her journey to the UK and her love of - music. July 2020 ‘An extraordinary human story’ https://youtu.be/ytpWS YV_as > ❖ Inner Vision Orchestra outdoor rehearsals were filmed by both ITV and BBC news as they could meet in person after lockdown. Sally from ITV News came to record Inner Vision Orchestra musicians Baluji, Fereshteh Khosroujerdy and Ziad Sinno https://youtu.be/lUlfoDubZAU and Wendy Hurrell from BBC news interviewed BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 6 Baluji, Abi Baker, Kate Portal and Takashi Kikuchi as they rehearsed in the garden - accompanied by Joyce the guide dog https://youtu.be/S owy182Eh8 > ❖ BBC Radio 3 Music Matters interviewed Baluji Shrivastav OBE, Victoria Oruwari, Kevin Satizabal and Ziad Sinno https://youtu.be/Mu9EUwhH1Og > ❖ Chrissie Cochrane was interviewed by DivaMag https://divamag.co.uk/ 2021/03/31/meet-the-blind-trans-musician-fighting-discrimination-in-the-industry/ “Working with the Inner Vision Orchestra has been transformational for me. The series of summer concerts and the workshops have all been really helpful to my work as a musician and helpful to me personally. Particularly during the current COVID crisis, this is the only opportunity I have to be actively engaged in music making.” Remi Abate “It is that pure joy of music and also the fact that as demonstrated in this call I’m Colombian, Ziad is from Lebanon and Victoria from Nigeria it is a multi-cultural group - obviously it is led by Baluji and there is Indian music at its core - but the orchestra has this real sense of inclusiveness. People are from different cultures, they are also at different levels of musical ability and that means you can be playing alongside musicians that are better than you, that are really, really great. I think it just inspires everybody. I particularly felt that when I did the Antardrishti project and I went to India and played with some incredible musicians out there.” Kevin Satizabal speaking about Inner Vision Orchestra while being interviewed on BBC Radio 3 Music Matters (26th September 2020) BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 7 We are enormously grateful to the Arts Council, the Worshipful Company of Spectaclemakers, Garfield Weston, Chapman Charitable Trust and Charles French for their support. BMF ANNUAL REPORT - 30TH MARCH 2021 WWW.BALUJIMUSICFOUNDATION.ORG 8 COIIPANY AEGISTIIATION NUMBER: W385fa CHARrrY REGISTRATION NUMBER: 1130985 BALUJI MUSIC FOUNDATION LIMITED Company Limited by Guarantee Unaudlted Financial Statements 31 March 2021 Iilliii *A6OJ741U• 2N0312022 COMPANIES HOUSE A13 Chartered accounlanl 2 Deansway East Finchley London BALUJI MUSIC FOUNDATION UMrrED Company Umltèd by Guarantse Flnanclal Stalenwits Y￿r ended'31 Idarch 2021- Trustees. annual r8POrt (InCory￿ratlng the directofs report) Ind8pendanl examinefs r8Kth to ￿ trustees Statement of linancial acti￿￿eS (induding income arKi expenditure alxount) Slalement of financial position Q.-fyi.Lj) l4CtY.4QEfrMI ?18'Jl, ..,l.UiA8 Notes to the finanoal statements j(t27F74-- If'.l.)¢F¢fi bgi0iIGrl) BALUJI MUSIC FOUNDATION UMITED Company Limited by Guarantee TnrJtees' AnrM￿I Report (Incorporating the Directorfs Report) Year ended 31 laarch 2021 The irltstees, who are also Ihe (firect(Ns for ts Wfposes of o)mpany law. present their report and the unaLKlited linancid sl*ements of ts dHrity for eThI￿1 31 March 2021. BALWI MUSIC FOiJNDATKhY LIMrrED Prfnelpgl offl¢••nd mgl*ered 33 Nortl#)Ime Fload N5 2UU Mr Tony Stoc*man MrnJPPatd The organisatton i5 a charitth rxjmpany knTled by guarartee. ingNwJrated on 18 March 2008 and regi*ered as a charity Qn 6 Aiiw 2009. Th? company TKas estabhshed wder a Memorandum ol Associatron *thich est￿shed the obj'ects arwj of Ihe tharrith (a)mpany and i8 9)vemed under its Art￿18$ Ot Assooation. In the event of ts Company beiry up mernbers are requir￿1 to contribute an amount not eX￿dIng £1. BALUJI MUSIC FOUNDATION UMrrED Company Llmfted by Guarantse Trusiees, Annual Report (Incov￿rn￿ng the DlYe¢lor's Report) (¢tVMbx Year •nded 31 March 2021 The matti areas of acbvrty thi8 year sa¥r. for p8opl8 ol all backgrou . Advanc• racial harm¢)ny. ¢ommunty de¥ekW￿ ￿ tt* FYomthK)n of dNeffJty for BALUJI MUSIC FOUNDATION UMrrED Company Limlted by Guarantee Tn￿leas. AnTKMI Report (hKOr￿n9 the Dlre¢lorfs Report) Year ended 31 MaY¢h 2021 The main areas of athity this year saw. . The continuatim of the Inner Vtsion f(Y blirnl and partiauy smjlrted pwlg. These moved online the to the pandem . Inner W￿lOn fvst stLMfK) reLY)rthrwJ of (xyrtr*xkn for Babjii s now atyjm 'lndian Classi¢al Intera￿lon$. wblished by ARC Musi¢. was Ihe fwst sknYK* recordi￿ by Ihe Inner VIsK)n Orchestra and they perfo￿ed on 9 Irackn. . Refflotoloutdoor rehea￿al sefies for the orch8stra . Inner Wk8ion Orcheslra onkne mini cl)￿￿rt so￿$ leaturiTrJ sok• p&loffnan¢es from its members filmed by Eva Maria Spielvogel aThl IKOadCa￿ on YouTub8 Premiere. . Launch ol our Ferlornirwj Cir￿11 of wd8ssKxAI tili￿1 rnusKians. errf s￿￿. with a ser the Arts Council vision Ofthestra aTrJ ts musiG&4ns. . Media coverage Intsvim aTrl pwlormances on the ￿ arAI TV indudiTrJ the BBC and ITV Rmrtlal Mvl•w Tho charity has altraGled miY8 furtffjng a￿1 SLW (kn8 lo increas&1 athib8s. Th8 charity. wih the aid ot Sour￿ linancial management ￿ the of both bts slaff voluntoors gwwa18d a positive financial outcome for the period. BALUJI MUSIC FOUNDATION UMrrED Company Umlted by Guaranlee Trustees. Arnmwl Report (l￿orPornttng tho DlrKlrfs Report) It¥MbN¥dJ Year ended 31 Mar¢h 21Y21 The trustees. ann￿1 repjrt vas aKvovod (m 21 Marti 2tr22 a(KY s¥Jnod b8hall of th• lThrd ol truste8s by: 211•JliL BALUJI MUSIC FOUNDATION UMITED Company Llmlted by Guarantee Independent Examinerfs Report lo the Trustees of BALUJI MUSIC FOUNDATION UMITED Year ended 31 March 2021 I report to the twstees my examinalion ol the finanual statemwts of 8ALWI MUSIC FOUNDATION LIMITED (Ihe ¢harityl for the year ￿ded 31 March 2021. RespoMlbllttl•s and bMls ol r•port As the tvustees of the company larnl akn its directors lor Ihe ol (m)pany law) Ivu are responsible for the preparation ol the finarwl stalwnents in accordance wilh the requiTemonts of tha Companies A(a 2006 {Ihe 2(K16 Arf). Having sa11sf￿d thai the a(￿Unts of Ihe are nol rwjired to be audited under Part 16 of the 2006 Act arKI are eligtAe for irKlep￿t examinat￿. l Teport in fespect of my examination of charilys accouFts as caTried OLrt urKler seclion 145 of Charbi* Acl 2011 11he 2011 ACVI. In ." ¢arrwng out my examination I ha¥8 fov0*￿1 the DKeraNyB gi￿ ty the Charity commissm￿ und8r section 145(5){b) of the 2011 ACL I have cornpleled my examination. I that maltws haTffj (%Th8 lo my att8nli(m in connection wtlh the examination me ￿USe to berth*: accountiTrJ re¢¢Yds not kept wi respect ol (*wity as rawired by SeC￿n 386 of the 2LK)6 P%t: or tt* financial statements nol a(%wd *ith tIM)se rewds" or Ihe finarKial *aioments do rnl Lwiply *ilh lh8 a¢c4JuntsNJ rwirements ol section 396 of the 2006 Act other than any requKement that the accounts gNè a and t* view T*thth 1$ the financial statornents have rwJl been prepared in acwrdan¢e ¥Ath the methods and priTripbs ot the Statement of R¢rmrne￿ Praclic• ky a¢¢ourf4￿ arKI rewrting by charl11￿ appltable lo ¢harFlies wepwinp their accounts in accordance wilh the Financial ReportirwJ Standard a￿￿cab￿ in Ihe UK and Repknl¢ ol Irdarnl (FRS 102). I havo no concems aThl IAv8 come acmss no other mattw5 in Connect￿ with tho examination to attention should ￿ drawn in this rqm in order to enable a proper understanding 01 th& to be Yeached. Mrg J P Patel IrKlependent Exami VSP timited Ghartered Accountants 2 Deansway London N2 IXIF 25 ?02Q BALUJI MUSIC FOUNDATION UMrrED Company Umited by Guarnntee Statement of Flnanclal Aciivilies (includlng Income and expendllur• accounl) Year ended 31 March 21r21 lu￿1$ Total lunds Total lunds Donations a￿1 Other in¢ome 47.774 47.774 Total Ineom• 48.767 48,767 42.000 Expenditure on charitth activibes. Oiher eXpe￿￿tUre 31337 16.220 48.$57 32,337 16.220 48.557 13.039 14.437 27.476 Net Inwne and rnt mov•mert In funds . 210. 210 14.524 Raeonclllallon of lund* T￿al funds brought forKanl 23.W 23,334 8,810 tJ.334 Thè statement of financial &tpiities in¢kth5 aN arKI bsses ro¢Wi9od in the year. AJ income a￿1 expe￿ilur0 derive from continuing activibes. BALUJI MUSIC FOUNDATION UMITED Company Llmlted by Guarniitee Slatement ol Flnanclal Posillon 31 March 2tr21 2020 Tangible fixed assets 11 Cash at bank and in hand ' 38,738 28,691 12 16.020 5,400 TJ,291 22.716 Total assots1088 Ilablllllo9 Funds ot th• eharfty Unr8Stricted lunds Tolal charlty lund• 13 For Ihe year endiry 31 Marth 2021 the chailty was enliw ￿ oxwnptsn from authl urthr se¢lion 477 of Ihe Companies Acl 2006 felating to small The membws have not rorymred the company to (*tsin an awfft of ts financial statoments for the in question in actordance *ilh seL*ion 476. The dIrecK￿ a¢knowl* tsir responsibilthes for compl￿r￿j with the r4uirements of the Act wilh respect to accouniiiwJ records and the preparthn of fina￿la1 smemonts. companres suty'ect to the small c&)wank%' regTrm8. These financk31 statements woved ty the txwd ol twstses ar¥J auth￿ for issuè on 21 Mr Swan Trustee BALWI MUSIC FOUNDATION UMITED Company Llmlled by Guarantee Notes to the Financ￿ Statements Year ended 31 Alarch 2021 The charity is a a wivats ¢ompary limited by guaranle8. registered In . England and Wale3 and a wgisier•J charity In and Wth8. a(&JresJ of the wsteied oif¢* FS 33 Northolme Acad. L¢n) a￿1 the Companies Act 20(￿. Ateounllng polieles financi￿ staternents havo b•an wepafod on tho historical eost basis. as by tho revalualion of cortain financHI assets and liabilthes and lTr¥eStr￿ WOP*ties measured at lair estimates and assumptions that aff￿1 the am￿nts fq)Orted. These estimales a￿1 judggment8 affj continually rèviewed afKI aro based tyi experiencé a￿1 other facto￿. 8xp8Ctatior* of fulure events thal ar8 befteved to be reasonable unts lh8 circumstances. Foreign currency tra￿etiC￿￿ afe fftttialty reex)rded in the lunclx)nal cuwrew, by aPpI￿ng the wt exchange rate as at Ihe date ot Ihe Monelary assets a￿1 liabilities dernminated in foreign euryen￿$ aro transl*￿ at the exdwy rnte at ts rnpoiting dats. wilh any gains BALWI MUSIC FOUNDATION UMITED Company Limiied by Guaranlee Notes to the Financial Sialem￿ (¢•th Year ended 31 March 2021 Fund accounthg Designated fuThts are unrestr¢led furnls earn￿￿ bylho trustees particular future woje¢t or Reslricled funds are &￿Ie¢led to restrtctions on their expendiiure declared by Ihe donor or through the temis of an appeaL and into ¢)ne of suwaw: restiicied ktKome funds or erKlowment funds. pass&J to Ihe chaiity: il is probabl8 ttwt the economic benefits associated W￿lti the transa¢tion will flow to the charity amount can be re￿a￿V m8asure(L The lollowwy 5￿Cir￿ p)fths are applied lo parti¢ular ¢ale9)r￿ ol incorne". ft. r￿elp1 is Pr￿th its amount ¢an b? Measur￿ relobty. im&YaLXi￿l lo ffleasure rew. in whiL* ease the value is derived from the cost to tho donor or the estimated resale va￿. Donaied fac￿rtIes and are recognised in the accounts when received rf Ihe vaiue can be reliabty measured. No amounts are inchJded for tho Contract￿ seThice. This is Classrf￿d as urnestri¢#ed funts unless there is a contractual requirement lor it to be spent on a paitthlar pury)ose artl retumed if unspenL in *thi¢h ease BALUJI MLISIC FOUNDATION UMITED c￿panY Umlted by Guarantee Notes to the ￿nancIal Statements l¢* Year end￿ 31 IAarch 2021 VAT wh¢ch cannot be lully re¢ove￿ and is ¢knsiW heathws of the statoment of expendituro on rai￿r￿j lunds inclth the Itsts ol ao lUndR￿1￿ activitses. 8v8nts. non. charilable tradiTrJ activitss. and th8 sale of donated ' , actsvibes Ihat furtlw its chaFitable wms for ts ljenefft ol its bwffictaries. including Ihose activriies. attributable to a single acbvity are allocated dir•¢ty lo that activity. Shared costs are apportioned TangltrAo ass¢ts Tangible assets arn rec(*d8d at (x)st. and sthequenty slatad at ra)st less any ac¢umulated deprec4alion arxl imwrnient losses. kny assets carried at revalued amounts are reLvrded ai" the fair ¥a￿e at Ihe d* ol revalm￿n less any subswent An increase in the carryirvJ arnount ol an asset as a resull ol a revaluakn, is recognised in other r8¢ognised gains arml losses. Unl￿ bt r8vorses a ¢hafge for impaimient that has previou5ty been recogni5￿ as exr*ndrtur& wilhÉn statem*)t of ffinaTKial acbvii* A d8¢r8a$8 in th• carrying '. amounl of an assel as a resutt ol revahjthn, is recwn5sed in other recognksed gawis and losses. except to it offsets any revaluation gain. in whth case tho loss ts shown within Deprncialion is cal¢ulaled so as to wrilo off the ￿s1 ¢y of w asseL less hs residual vtho. ovor usolul lifo of that assot as folkyK: Fixtures and fftbros Eqwpmem 25% straw ￿ne Impalmwrt ot Ilx•d *s¥•ts A revw for inthcawrs of impainnent i% caryied out at eath re￿rtIng date. wilh the recoverabl8 amount IHrrfJ eslbmaied whero su¢h iThthcatorn exist Whero tho ¢arryirw val(19 exce&l$ the ssibla reversal at eath rep)rknrvJ date. lo BALUJI MUSIC FOUNDATION LIMITED Company Limited by Guarantee Year ended 31 lknh 2021 am¢Junt of an irthithAI asseL an estimato is made of the reL))vwknle amount o* the Cash. generating unit lo twhich th8 asset bekxy. The CaSh-g￿￿￿tiry unil is ts smallesi Ajentrfiable group of ass¢ts that indth the asset and generates &qsh inflows that largely independent of Iho For impaiment te51ing ol gothl. ts g(thiU aW￿red in a I￿IneSS combinatton is. Irom th8 acquistlion date, dlocaled to each of the caSh4je￿ratlng unils that are expected to ben8til from syftergies of Ihe ¢Mibination. irresw¢th of other assets or llabilthes of the charity Llmlted by gu•rnntse Tl* liabilty of each mwnber is fmil¢d to £1. Unrestricknl Tolal FwMl• Unreslrrted Total Funds Grants Grants receivab 47.774 47.774 42.000 unres￿ T￿1 Funds Unrp5If￿ed Total FwKt$ FurKIs 2020 Funds FuThJs Fundra Musi¢ian Fees Wothshop Fees Filming Costs 2.731 5.276 4250 2,731 5,276 1,417 14.333 5251 32.337 1,417 14.333 5251 32.337 publ￿ Remions 13,039 13,039 BALUJI MUSIC FOUNDATION LIMITED Company Llmiied by Guarantse Notes to the Flnanclal Statements Year ended 31 Mar¢h 2021 19rtaken Totsl lund8 Totsl ￿nd directy 2020 Fundrawr Musician Fe8S Workshry7 Fees Filming Costs Research & D8¥elwm•# . Pubtic Relations 2.731 5,276 4,250 596 186 1.417 14.333 5.251 1.417 14.333 5251 3a337 31337 13.039 Ulwestw￿ TIXal Funds Unrestrithed Tolal Funds Furdg FuThls 2020 3.049 Insurance A¢*ninistratA?n Trav81 185 10.990 194 185 12.481 185 12.481 10.990 1200 130 274 78 274 78 15 15 556 A(fvertising 16220 16220 14.437 14,437 BALUJI MUSIC FOUNDATION LIMITED Company Llmlted by Guaraniee Year ended 31 Atsrch 2021 11. TangA>kn thed ostots and Ewipment Totsl At 1 April 21Y20 Addibons 1.059 At 31 IAavch 2021 IXI3 Depr•clatlon At 1 fy>ri12020 Charge for the >tar At 31 Mareh 2tr21 401 274 t32 675 CaTrylng amounl At 31 ￿r¢h 2021 827 828 Ai 31 Marth 2020 12. Crndltors: amounts fauky wlthln ong yo 2020 16.020 5.400 13. Anatysls ol ¢￿Ill•blO lundg 31 Mwch Generdl furnk rJ,334 48.767 (48.557) unrestri￿ Totsl F￿d9 Total Funds Funds 2020 Tangiblo r￿ed ass￿$ Cu￿ent assets Cre(Itots less than 1 Jear 38.736 (16.020} 38.736 {16,020) 28.691 (5,400) 12 COIIPANY AEGISTIIATION NUMBER: W385fa CHARrrY REGISTRATION NUMBER: 1130985 BALUJI MUSIC FOUNDATION LIMITED Company Limited by Guarantee Unaudlted Financial Statements 31 March 2021 Iilliii *A6OJ741U• 2N0312022 COMPANIES HOUSE A13 Chartered accounlanl 2 Deansway East Finchley London BALUJI MUSIC FOUNDATION UMrrED Company Umltèd by Guarantse Flnanclal Stalenwits Y￿r ended'31 Idarch 2021- Trustees. annual r8POrt (InCory￿ratlng the directofs report) Ind8pendanl examinefs r8Kth to ￿ trustees Statement of linancial acti￿￿eS (induding income arKi expenditure alxount) Slalement of financial position Q.-fyi.Lj) l4CtY.4QEfrMI ?18'Jl, ..,l.UiA8 Notes to the finanoal statements j(t27F74-- If'.l.)¢F¢fi bgi0iIGrl) BALUJI MUSIC FOUNDATION UMITED Company Limited by Guarantee TnrJtees' AnrM￿I Report (Incorporating the Directorfs Report) Year ended 31 laarch 2021 The irltstees, who are also Ihe (firect(Ns for ts Wfposes of o)mpany law. present their report and the unaLKlited linancid sl*ements of ts dHrity for eThI￿1 31 March 2021. BALWI MUSIC FOiJNDATKhY LIMrrED Prfnelpgl offl¢••nd mgl*ered 33 Nortl#)Ime Fload N5 2UU Mr Tony Stoc*man MrnJPPatd The organisatton i5 a charitth rxjmpany knTled by guarartee. ingNwJrated on 18 March 2008 and regi*ered as a charity Qn 6 Aiiw 2009. Th? company TKas estabhshed wder a Memorandum ol Associatron *thich est￿shed the obj'ects arwj of Ihe tharrith (a)mpany and i8 9)vemed under its Art￿18$ Ot Assooation. In the event of ts Company beiry up mernbers are requir￿1 to contribute an amount not eX￿dIng £1. BALUJI MUSIC FOUNDATION UMrrED Company Llmfted by Guarantse Trusiees, Annual Report (Incov￿rn￿ng the DlYe¢lor's Report) (¢tVMbx Year •nded 31 March 2021 The matti areas of acbvrty thi8 year sa¥r. for p8opl8 ol all backgrou . Advanc• racial harm¢)ny. ¢ommunty de¥ekW￿ ￿ tt* FYomthK)n of dNeffJty for BALUJI MUSIC FOUNDATION UMrrED Company Limlted by Guarantee Tn￿leas. AnTKMI Report (hKOr￿n9 the Dlre¢lorfs Report) Year ended 31 MaY¢h 2021 The main areas of athity this year saw. . The continuatim of the Inner Vtsion f(Y blirnl and partiauy smjlrted pwlg. These moved online the to the pandem . Inner W￿lOn fvst stLMfK) reLY)rthrwJ of (xyrtr*xkn for Babjii s now atyjm 'lndian Classi¢al Intera￿lon$. wblished by ARC Musi¢. was Ihe fwst sknYK* recordi￿ by Ihe Inner VIsK)n Orchestra and they perfo￿ed on 9 Irackn. . Refflotoloutdoor rehea￿al sefies for the orch8stra . Inner Wk8ion Orcheslra onkne mini cl)￿￿rt so￿$ leaturiTrJ sok• p&loffnan¢es from its members filmed by Eva Maria Spielvogel aThl IKOadCa￿ on YouTub8 Premiere. . Launch ol our Ferlornirwj Cir￿11 of wd8ssKxAI tili￿1 rnusKians. errf s￿￿. with a ser the Arts Council vision Ofthestra aTrJ ts musiG&4ns. . Media coverage Intsvim aTrl pwlormances on the ￿ arAI TV indudiTrJ the BBC and ITV Rmrtlal Mvl•w Tho charity has altraGled miY8 furtffjng a￿1 SLW (kn8 lo increas&1 athib8s. Th8 charity. wih the aid ot Sour￿ linancial management ￿ the of both bts slaff voluntoors gwwa18d a positive financial outcome for the period. BALUJI MUSIC FOUNDATION UMrrED Company Umlted by Guaranlee Trustees. Arnmwl Report (l￿orPornttng tho DlrKlrfs Report) It¥MbN¥dJ Year ended 31 Mar¢h 21Y21 The trustees. ann￿1 repjrt vas aKvovod (m 21 Marti 2tr22 a(KY s¥Jnod b8hall of th• lThrd ol truste8s by: 211•JliL BALUJI MUSIC FOUNDATION UMITED Company Llmlted by Guarantee Independent Examinerfs Report lo the Trustees of BALUJI MUSIC FOUNDATION UMITED Year ended 31 March 2021 I report to the twstees my examinalion ol the finanual statemwts of 8ALWI MUSIC FOUNDATION LIMITED (Ihe ¢harityl for the year ￿ded 31 March 2021. RespoMlbllttl•s and bMls ol r•port As the tvustees of the company larnl akn its directors lor Ihe ol (m)pany law) Ivu are responsible for the preparation ol the finarwl stalwnents in accordance wilh the requiTemonts of tha Companies A(a 2006 {Ihe 2(K16 Arf). Having sa11sf￿d thai the a(￿Unts of Ihe are nol rwjired to be audited under Part 16 of the 2006 Act arKI are eligtAe for irKlep￿t examinat￿. l Teport in fespect of my examination of charilys accouFts as caTried OLrt urKler seclion 145 of Charbi* Acl 2011 11he 2011 ACVI. In ." ¢arrwng out my examination I ha¥8 fov0*￿1 the DKeraNyB gi￿ ty the Charity commissm￿ und8r section 145(5){b) of the 2011 ACL I have cornpleled my examination. I that maltws haTffj (%Th8 lo my att8nli(m in connection wtlh the examination me ￿USe to berth*: accountiTrJ re¢¢Yds not kept wi respect ol (*wity as rawired by SeC￿n 386 of the 2LK)6 P%t: or tt* financial statements nol a(%wd *ith tIM)se rewds" or Ihe finarKial *aioments do rnl Lwiply *ilh lh8 a¢c4JuntsNJ rwirements ol section 396 of the 2006 Act other than any requKement that the accounts gNè a and t* view T*thth 1$ the financial statornents have rwJl been prepared in acwrdan¢e ¥Ath the methods and priTripbs ot the Statement of R¢rmrne￿ Praclic• ky a¢¢ourf4￿ arKI rewrting by charl11￿ appltable lo ¢harFlies wepwinp their accounts in accordance wilh the Financial ReportirwJ Standard a￿￿cab￿ in Ihe UK and Repknl¢ ol Irdarnl (FRS 102). I havo no concems aThl IAv8 come acmss no other mattw5 in Connect￿ with tho examination to attention should ￿ drawn in this rqm in order to enable a proper understanding 01 th& to be Yeached. Mrg J P Patel IrKlependent Exami VSP timited Ghartered Accountants 2 Deansway London N2 IXIF 25 ?02Q BALUJI MUSIC FOUNDATION UMrrED Company Umited by Guarnntee Statement of Flnanclal Aciivilies (includlng Income and expendllur• accounl) Year ended 31 March 21r21 lu￿1$ Total lunds Total lunds Donations a￿1 Other in¢ome 47.774 47.774 Total Ineom• 48.767 48,767 42.000 Expenditure on charitth activibes. Oiher eXpe￿￿tUre 31337 16.220 48.$57 32,337 16.220 48.557 13.039 14.437 27.476 Net Inwne and rnt mov•mert In funds . 210. 210 14.524 Raeonclllallon of lund* T￿al funds brought forKanl 23.W 23,334 8,810 tJ.334 Thè statement of financial &tpiities in¢kth5 aN arKI bsses ro¢Wi9od in the year. AJ income a￿1 expe￿ilur0 derive from continuing activibes. BALUJI MUSIC FOUNDATION UMITED Company Llmlted by Guarniitee Slatement ol Flnanclal Posillon 31 March 2tr21 2020 Tangible fixed assets 11 Cash at bank and in hand ' 38,738 28,691 12 16.020 5,400 TJ,291 22.716 Total assots1088 Ilablllllo9 Funds ot th• eharfty Unr8Stricted lunds Tolal charlty lund• 13 For Ihe year endiry 31 Marth 2021 the chailty was enliw ￿ oxwnptsn from authl urthr se¢lion 477 of Ihe Companies Acl 2006 felating to small The membws have not rorymred the company to (*tsin an awfft of ts financial statoments for the in question in actordance *ilh seL*ion 476. The dIrecK￿ a¢knowl* tsir responsibilthes for compl￿r￿j with the r4uirements of the Act wilh respect to accouniiiwJ records and the preparthn of fina￿la1 smemonts. companres suty'ect to the small c&)wank%' regTrm8. These financk31 statements woved ty the txwd ol twstses ar¥J auth￿ for issuè on 21 Mr Swan Trustee BALWI MUSIC FOUNDATION UMITED Company Llmlled by Guarantee Notes to the Financ￿ Statements Year ended 31 Alarch 2021 The charity is a a wivats ¢ompary limited by guaranle8. registered In . England and Wale3 and a wgisier•J charity In and Wth8. a(&JresJ of the wsteied oif¢* FS 33 Northolme Acad. L¢n) a￿1 the Companies Act 20(￿. Ateounllng polieles financi￿ staternents havo b•an wepafod on tho historical eost basis. as by tho revalualion of cortain financHI assets and liabilthes and lTr¥eStr￿ WOP*ties measured at lair estimates and assumptions that aff￿1 the am￿nts fq)Orted. These estimales a￿1 judggment8 affj continually rèviewed afKI aro based tyi experiencé a￿1 other facto￿. 8xp8Ctatior* of fulure events thal ar8 befteved to be reasonable unts lh8 circumstances. Foreign currency tra￿etiC￿￿ afe fftttialty reex)rded in the lunclx)nal cuwrew, by aPpI￿ng the wt exchange rate as at Ihe date ot Ihe Monelary assets a￿1 liabilities dernminated in foreign euryen￿$ aro transl*￿ at the exdwy rnte at ts rnpoiting dats. wilh any gains BALWI MUSIC FOUNDATION UMITED Company Limiied by Guaranlee Notes to the Financial Sialem￿ (¢•th Year ended 31 March 2021 Fund accounthg Designated fuThts are unrestr¢led furnls earn￿￿ bylho trustees particular future woje¢t or Reslricled funds are &￿Ie¢led to restrtctions on their expendiiure declared by Ihe donor or through the temis of an appeaL and into ¢)ne of suwaw: restiicied ktKome funds or erKlowment funds. pass&J to Ihe chaiity: il is probabl8 ttwt the economic benefits associated W￿lti the transa¢tion will flow to the charity amount can be re￿a￿V m8asure(L The lollowwy 5￿Cir￿ p)fths are applied lo parti¢ular ¢ale9)r￿ ol incorne". ft. r￿elp1 is Pr￿th its amount ¢an b? Measur￿ relobty. im&YaLXi￿l lo ffleasure rew. in whiL* ease the value is derived from the cost to tho donor or the estimated resale va￿. Donaied fac￿rtIes and are recognised in the accounts when received rf Ihe vaiue can be reliabty measured. No amounts are inchJded for tho Contract￿ seThice. This is Classrf￿d as urnestri¢#ed funts unless there is a contractual requirement lor it to be spent on a paitthlar pury)ose artl retumed if unspenL in *thi¢h ease BALUJI MLISIC FOUNDATION UMITED c￿panY Umlted by Guarantee Notes to the ￿nancIal Statements l¢* Year end￿ 31 IAarch 2021 VAT wh¢ch cannot be lully re¢ove￿ and is ¢knsiW heathws of the statoment of expendituro on rai￿r￿j lunds inclth the Itsts ol ao lUndR￿1￿ activitses. 8v8nts. non. charilable tradiTrJ activitss. and th8 sale of donated ' , actsvibes Ihat furtlw its chaFitable wms for ts ljenefft ol its bwffictaries. including Ihose activriies. attributable to a single acbvity are allocated dir•¢ty lo that activity. Shared costs are apportioned TangltrAo ass¢ts Tangible assets arn rec(*d8d at (x)st. and sthequenty slatad at ra)st less any ac¢umulated deprec4alion arxl imwrnient losses. kny assets carried at revalued amounts are reLvrded ai" the fair ¥a￿e at Ihe d* ol revalm￿n less any subswent An increase in the carryirvJ arnount ol an asset as a resull ol a revaluakn, is recognised in other r8¢ognised gains arml losses. Unl￿ bt r8vorses a ¢hafge for impaimient that has previou5ty been recogni5￿ as exr*ndrtur& wilhÉn statem*)t of ffinaTKial acbvii* A d8¢r8a$8 in th• carrying '. amounl of an assel as a resutt ol revahjthn, is recwn5sed in other recognksed gawis and losses. except to it offsets any revaluation gain. in whth case tho loss ts shown within Deprncialion is cal¢ulaled so as to wrilo off the ￿s1 ¢y of w asseL less hs residual vtho. ovor usolul lifo of that assot as folkyK: Fixtures and fftbros Eqwpmem 25% straw ￿ne Impalmwrt ot Ilx•d *s¥•ts A revw for inthcawrs of impainnent i% caryied out at eath re￿rtIng date. wilh the recoverabl8 amount IHrrfJ eslbmaied whero su¢h iThthcatorn exist Whero tho ¢arryirw val(19 exce&l$ the ssibla reversal at eath rep)rknrvJ date. lo BALUJI MUSIC FOUNDATION LIMITED Company Limited by Guarantee Year ended 31 lknh 2021 am¢Junt of an irthithAI asseL an estimato is made of the reL))vwknle amount o* the Cash. generating unit lo twhich th8 asset bekxy. The CaSh-g￿￿￿tiry unil is ts smallesi Ajentrfiable group of ass¢ts that indth the asset and generates &qsh inflows that largely independent of Iho For impaiment te51ing ol gothl. ts g(thiU aW￿red in a I￿IneSS combinatton is. Irom th8 acquistlion date, dlocaled to each of the caSh4je￿ratlng unils that are expected to ben8til from syftergies of Ihe ¢Mibination. irresw¢th of other assets or llabilthes of the charity Llmlted by gu•rnntse Tl* liabilty of each mwnber is fmil¢d to £1. Unrestricknl Tolal FwMl• Unreslrrted Total Funds Grants Grants receivab 47.774 47.774 42.000 unres￿ T￿1 Funds Unrp5If￿ed Total FwKt$ FurKIs 2020 Funds FuThJs Fundra Musi¢ian Fees Wothshop Fees Filming Costs 2.731 5.276 4250 2,731 5,276 1,417 14.333 5251 32.337 1,417 14.333 5251 32.337 publ￿ Remions 13,039 13,039 BALUJI MUSIC FOUNDATION LIMITED Company Llmiied by Guarantse Notes to the Flnanclal Statements Year ended 31 Mar¢h 2021 19rtaken Totsl lund8 Totsl ￿nd directy 2020 Fundrawr Musician Fe8S Workshry7 Fees Filming Costs Research & D8¥elwm•# . Pubtic Relations 2.731 5,276 4,250 596 186 1.417 14.333 5.251 1.417 14.333 5251 3a337 31337 13.039 Ulwestw￿ TIXal Funds Unrestrithed Tolal Funds Furdg FuThls 2020 3.049 Insurance A¢*ninistratA?n Trav81 185 10.990 194 185 12.481 185 12.481 10.990 1200 130 274 78 274 78 15 15 556 A(fvertising 16220 16220 14.437 14,437 BALUJI MUSIC FOUNDATION LIMITED Company Llmlted by Guaraniee Year ended 31 Atsrch 2021 11. TangA>kn thed ostots and Ewipment Totsl At 1 April 21Y20 Addibons 1.059 At 31 IAavch 2021 IXI3 Depr•clatlon At 1 fy>ri12020 Charge for the >tar At 31 Mareh 2tr21 401 274 t32 675 CaTrylng amounl At 31 ￿r¢h 2021 827 828 Ai 31 Marth 2020 12. Crndltors: amounts fauky wlthln ong yo 2020 16.020 5.400 13. Anatysls ol ¢￿Ill•blO lundg 31 Mwch Generdl furnk rJ,334 48.767 (48.557) unrestri￿ Totsl F￿d9 Total Funds Funds 2020 Tangiblo r￿ed ass￿$ Cu￿ent assets Cre(Itots less than 1 Jear 38.736 (16.020} 38.736 {16,020) 28.691 (5,400) 12