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2020-08-31-accounts

Charity Registration No. 1154142

PHOTOGRAPHY OXFORD

TRUSTEES’ REPORT AND AUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2020

1

PHOTOGRAPHY OXFORD

LEGAL AND ADMINISTRATIVE INFORMATION

TRUSTEES Professor Uwe Ackermann
Dr Mark Alexander
Mr Paul Inman (Chair)
Mr Jeremy Lewis Mogford
Dr Lena Fritsch
Mr Richard Ovenden
Sir Brian Pomeroy
Mr Benet Slay
Ms Katy Barron
Ms Taous Dahmani
DIRECTOR Ms Danielle Battigelli
CHARITY NUMBER 1154142
PRINCIPAL ADDRESS 20 Yarnells Hill
OXFORD
Oxfordshire
OX2 9BD
INDEPENDENT EXAMINER Mr. Yong Feng Han
6 Sage Walk
Oxford
Oxfordshire OX4 7YU
BANKERS The Co-Operative Bank

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PHOTOGRAPHY OXFORD

CONTENTS

Pages
Trustees’ report 2 – 6
Statement of Trustees’ responsibilities 7
Independent examiner’s report 8
Statement of financial activities 9
Balance sheet 10
Notes to the accounts 11 – 13

1

PHOTOGRAPHY OXFORD

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 AUGUST 2020

The Trustees present their report and accounts for the year ended 31 August 2020.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document and the Statement of Recommended Practice ‘Accounting and Reporting by Charities’, issued in March 2005.

Structure, governance and management

The charity is a Charitable Incorporated Organisation and is governed by its Foundation Constitution.

The Trustees who served during the year were: Professor Uwe Ackermann Dr Mark Alexander Mr Paul Inman (Chair) Mr Jeremy Mogford Mr Richard Ovenden Sir Brian Pomeroy Mr Robert John Price Mr Benet Slay Dr Lena Fritsch Ms Katy Barron Ms Taous Dahmani

Organisation

The charity is governed by a Board of Trustees that must have a minimum of three individuals. There is no maximum number of Trustees. The Trustees meet on a regular basis to agree the strategic direction and policy of the organisation. They also ensure that the charity fulfills its objectives and complies with the requirements of the Charities Commission.

In years when the Charity’s activities include the staging of a Festival of photographic exhibitions and talks, day-to-day management is delegated by the Board to the Festival Director/Project Manager, who attends Board meetings to update trustees on developments, finance, risks and to seek approval on the programme, planning and future strategy.

Appointment of trustees

New trustees join the Board at the invitation of the Trustees and are chosen with a view to ensuring the Board has the appropriate skills, knowledge, experience and diversity relevant to Photography Oxford and current best practice. New trustees are given an induction pack that includes information on governance, good practice, legal obligations, the Constitution and Governing Document, a copy of the most recent Trustees’ Annual Report and Statement of Accounts and an overview of the current business plan.

None of the Trustees has any beneficial interest in the charity. All of the Trustees are members of the Charitable Incorporated Organisation (CIO) and the only persons eligible to be members of the CIO are its trustees. If the CIO is wound up, the members have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.

2

PHOTOGRAPHY OXFORD

TRUSTEES’ REPORT (continued)

FOR THE YEAR ENDED 31 AUGUST 2020

Objectives and Activities

Photography Oxford is a charity that works to bring high quality photography and photographic debate to the city of Oxford and its environs, benefiting both local residents and visitors to the area, while drawing in a wider arts audience, furthering debate, and celebrating and promoting the art of photography for audiences and photographers.

The charity objects are to advance education by promoting and providing opportunities for the appreciation, understanding and enjoyment of photography and the arts, in particular through the promotion and running of a photography festival in Oxford.

Our objectives include:

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Achievements and Performance

Building on the success of the Photo Festivals delivered by the Charity in 2014 and 2017 our activity during the year ending 31 August 2020 was preparation and planning for the 2020 Festival (16 October – 16 November) with the theme, ‘Women and Photography – Ways of seeing and being seen’ . This theme was chosen because 2020 was the 100[th] anniversary of women first graduating from the University of Oxford.

Our preparations included appointment of 2 new women trustees: Ms Katy Barron and Ms Taous Dahmani; development of a new web site (https://www.photooxford.org); consultation with potential partners and venues; programme planning and fundraising. In response to feedback from previous Festivals the 2020 programme was developed in collaboration with individual venues, discussing with them what they would like to contribute under the chosen theme rather than just using their facilities to present a centrally chosen activity.

Our planning and fundraising from early in 2020 took place in the very dark shadow of the corona virus pandemic; a shadow that caused venues to close, funding institutions to divert their grants toward Covid

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emergencies, businesses to struggle for survival, potential volunteers to withdraw into isolation, students to be either absent or confined to campuses and trustees’ energies to be consumed by having to devise coping strategies for their respective organisations and enterprises.

By the end of this reporting year (August 2020) our plans had been defined to this extent:

Indoor Exhibitions:

Outdoor Exhibitions:

4

On-Line Exhibitions:

Events, Conferences, Interviews:

General:

5

to reach hundreds of people of all ages and backgrounds, and contribute to their learning and artistic development.

Financial Review

Total incoming resources for 2019-2020 were £29,975. This is an increase of £26,725 from the preceding year. The reason for the increase is explained by the cycle of work leading up to a 2020 Festival: the bulk of the fundraising effort to deliver the autumn 2020 Festival took place from September 2019 onwards, once the outline plans for the festival had been developed.

All of the income of £29,975 derived from donations and grants.

Resources expended in 2019-2020 were £20,802. This is an increase of £16,685 from the preceding year. The reason for the increase is that budget year 2019-2020 saw intense preparation of a Covidresponsive Festival programme. This involved increased time commitment by our Festival Director with the result that the main area of cost during this current year (2019-2020) was remuneration for our parttime Director.

For the year 2019-2020 the difference between total income and total expenses was £9,173. Our cash surplus from the 2018-2019 budget year was £4,790, giving us a surplus of £13,963 at the end of the 2019-2020 budget year. This reserve was needed for expenses related to staff, speakers, venue hire, art transport, photo printing and programme evaluation of the 2020 Festival, which took place from 16 October 2020 to 16 November 2020 and fell, therefore, into our 2020-2021 budget year and will be the subject of our 2020-2021 report.

Plans for the Future

In the first instance we plan a thorough evaluation to assess to what degree aims for the first part of the Festival were achieved.

Global measures of success will include delivery of a core festival, including exhibitions, a talks programme and an outreach programme; viewings/attendance at our exhibitions and events; broad press coverage and the Festival becoming a focus for photography on the local, national and international arts scene; good numbers of submissions to our online Open Call competition; positive feedback from visitors to the Festival; the discovery of new talent and the inclusion of work from an international and diverse group of artists; the development of strong partnerships in the city, its twin cities and beyond; and the securing of grant, sponsorship and donated income sufficient to secure the future work of the charity in the short term.

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Secondly we plan to build on the 2020 momentum to showcase in 2021 aspects of our programme that had to be cancelled as a result of the corona virus pandemic. We intend to present these and additional exhibitions and events as Part 2 of the Women and Photography Festival. To the extent permitted by Covid-imposed social distancing rules we plan to hold this second part from 16 October to 16 November 2021 in physical venues, outdoors and online. To that end we have developed strong relationships with potential venues including Arts at The Old Fire Station; The North Wall; Oxford University library, museums, institutes and colleges, Oxford Brookes University, Fusion Arts, Oxford City Council and Oxford International Links (Oxford’s twin cities) as well as with photographers locally and further afield.

On behalf of the Board of Trustees

Paul Inman Chair of Trustees Dated:17 February 2021

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PHOTOGRAPHY OXFORD

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In preparing these accounts, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

8

PHOTOGRAPHY OXFORD

INDEPENDENT AUDITOR’S REPORT

FOR THE YEAR ENDED 31 AUGUST 2020

Yong Feng Han 6 Sage Walk Oxford OX4 7YU

28-01-2021

To Whom It May Concern:

Re: Photography Oxford Accounts Review for the period from 01 September 2019 to 31 August 2020.

I can confirm that I have performed an independent check of the Photography Oxford accounting records for the period from 01 September 2019 to 31 August 2020. I can confirm that the transactions have been correctly recorded for the purpose of reporting income and expenditure in this period.

Yours faithfully

Yong Feng Han

9

PHOTOGRAPHY OXFORD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2020

Unrestricted
funds
Designated
funds
Restricted
funds
Total 2020 Total 2019
INCOMING RESOURCES Note £ £ £ £ £
Incoming resources from generated
funds
Voluntary income 2 29,475 500 0 29,975 3,250
Incoming resources from
charitable activities
3 0 0 0 0 0
Other incoming resources 0 0 0 0 0
Total incoming resources 29,475 500 0 29,975 3,250
RESOURCES EXPENDED 4
Cost of generating voluntary
income
0 0 0 0 0
Cost of generating funds 3,163 0 0 0 250
Cost of charitable activity 17,514 0 3,992 3,992
Governance costs 125 0 0 100 100
Other resources expended 0 0 0 0 0
Total resources expended 20,802 0 0 20,802 4,117

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Net movement in funds 8,673 500 0 9,173 (867)
Reconciliation of funds
Funds as at 31 August 2019 4,789 4,789
Funds as at 31 August 2020 13,963 0 13,963
The notes on pp 16 to 18 form part of these
statements

11

PHOTOGRAPHY OXFORD

BALANCE SHEET

AS AT 31 AUGUST 2020

Balance sheet:

Notes 2020 2019
Assets £ £
Fixed assets 0 0
Current assets
Cash at bank 13,963 4,789
Net current assets 13,963 4,789
Less:Liabilities
Creditors (carrying no due date for payment) 9 (22,684) (22,684)
Net assets (8,721) (17,895)

For the financial year ending 31 August 2020 gross income of the charity was less than £250,000. As a result, these accounts were examined by an independent examiner, described in section 43(3)(a) of the 1993 Act as ‘an independent person who is reasonably believed by the Trustees to have the requisite ability and practical experience to carry out a competent examination of the accounts’.

The Trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records that comply with Charity Commission regulations, and for preparing accounts that give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its incoming resources and its application of resources, including its income and expenditure, for the financial year.

The accounts were approved by the Board on 23 April 2020.

Paul Inman Chair of Trustees

Uwe Ackermann Trustee

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PHOTOGRAPHY OXFORD

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2020

1. Accounting policies

1. Basis of preparation

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, ‘Accounting and Reporting by Charities’, issued in March 2005.

2. Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

3. Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT and is reported as part of the expenditure to which it relates:

Costs of generating voluntary income comprise the costs associated with attracting and applying for voluntary income, including gifts, donations and grants.

Costs of generating funds comprise the costs associated with fundraising.

Costs of charitable activity are those costs associated with carrying out the charity’s activity, including the promotion of the practice and understanding of photography through photographic exhibitions and learned talks and discussions about the nature and purpose of photography.

Governance costs are those incurred in meeting the constitutional and statutory requirements of the charity and include the independent examination fees.

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2. Voluntary income

Total 2020 Total 2019
VOLUNTARY INCOME £ £
Donations and gifts, unrestricted
HMRC Gift Aid 1,302
Donations 7,625 3,250
Donations (The Big Give) 48
Donations and gifts, restricted or designated 0
Pye Charitable Foundation: designated for Oxford International Links 500 0
Grants
Tolkien Trust 15,0000
Esmeé Fairbairn 5,000
University of Oxford Community Fund 500
Loans
Total voluntary income 29,975 3,250
3.
Incoming resources from charitable activities
Total 2020 Total 2019
Sale of talks tickets 0 0
Share of Open Call Entry Fee 0 0
0 0
4.
Total resources expended
Total 2020 Total 2019
£ £
Cost of generating funds 0 0
Fundraiser 3163 0
Costs of generating voluntary income 0 0
Cost of charitable activity

12

Exhibition costs (printing, framing, shipping, installation, etc) 0 0
Talks costs (speaker expenses, venue hire) 0 0
Staffing (Director; Artistic Directors incl expenses; Tech Spprt) 16,597 3,992
Staff Travel 66
Staff Expenses 51
Website; Social Media 800 0
Print, postage, stationery 0
Other resources expended 0
Governance costs
Legal 0 0
Independent examination of accounts 125 125
Other resources expended
Bank charges 0 22
Total resources expended 20,802 4,117

5 Trustees

None of the Trustees (or any persons connected with them) received any remuneration during the year, nor were they reimbursed any travelling expenses.

6. Employees

The charity contracted, on a freelance basis, a Festival Director and other services. There were no employees.

7. Tangible fixed assets

The charity has no tangible fixed assets.

8. Debtors

The charity has no debtors.

9. Creditors

The Founding Director contributed a total of £15,000 in 2014 plus £7,684 in 2015 as an interest-free loan to the charity, repayable only when charitable surplus permits.

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Photography Oxford No (if any) 1154142 Receipts and payments accounts CC16a For the period Period start date Period end date To from 01-Sep-19 31-Aug-20

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
1,125
2,000
-
4,000
5,000
500
15,000
-
500
1,302
48
29,475
-
-
-
29,475
20,560
67
51
125
-
20,803
-
-
-
20,803
8,672
-
4,790
13,462
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
500
-
500
-
-
-
500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
500
-
-
500
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
1,125
2,000
-
4,000
5,000
500
15,000
500
500
1,302
48
29,975
-
-
-
29,975
20,560
67
51
125
-
-
20,803
-
-
-
20,803

9,172
Last year
to the nearest £
Donation: Uwe Ackermann 1,125 1,000
Donation: Remenham Consulting 2,000 1,250
Donation: Sir Brian Pomeroy - 1,000
Donation: JeremyMogford 4,000 -
Grant: Esmeé Fairbairn 5,000 -
Donation: P Baker Cassidy 500 -
Grant: Tolkiein Trust 15,000 -
Pye Charitable Settlement - -
Oxford UniversityCommunityFund 500 -
HMRC Gift Aid 1,302 -
The BigGive Donations 48 -
Sub total(Gross income for
AR)
29,475 3,250
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
3,250
Support Staff Remuneration 20,560 3,950
Support Staff Travel 67 42
Support Staff Expenses 51 -
Accountancy/Bank charges 125 125
Artist's/Speakers'/Judges' Fees, Travel
and Accommodation
-
Competitionprizes -
Art Transport and Insurance -
Photo Printing;Venue Hire;Supplies -
Marketing (Sponsors;Dinner) -
- -
**Sub total ** 20,803 4,117
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
4,117
8,672 500 -
9,172
- 867
- - - - -
4,790 - - 4,790 5,656
13,462 500 - 13,962 4,789

CCXX R1 accounts (SS)

17/02/2021

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Cash Funds this year end
Pye Charitable Settlement
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
13,462
-
500
-
-
13,462
500
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Uwe Ackermann
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Uwe Ackermann 20/01/2021

CCXX R2 accounts (SS)

17/02/2021

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Photography Oxford On accounts for the year 31 August 2020 Charity no 1154142 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY .

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.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

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 accounts to be reached.

Date: 28-01-2021 Signed: Name: Yong Feng Han Relevant professional Business Support Manager, Faculty of Health and Life Sciences qualification(s) or body Oxford Brookes University (if any): Address: 6 Sage Walk Oxford OX4 7YU

October 2018

IER

1

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

IER

2