Trustees' Annual Report for the period Period start date Period end date 01 01 2023 31 12 2023
From
Section A Reference and administration details
Charity name
Corfu Arts Foundation
Other names charity is known by Registered charity number (if any) 1158355
613 Nell Gwynn House Sloane Avenue London Postcode SW3 3BE
Names of the charity trustees who manage the charity
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Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Richard Woods | Chairman | Current Trustees | ||
| Peter Cookson | Treasurer | Current Trustees | ||
| John Minch | Trustee | Current Trustees | ||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
Constitution
- (eg. trust deed, constitution)
How the charity is constituted
CIO
- (eg. trust, association, company)
Trustee selection methods
Elected by current trustees
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
1.To advance the arts for the public benefit, in particular opera, drama, dance and music in Corfu.
Summary of the objects of the 2. To further such charitable purposes as the trustees see fit and charity set out in its according to the laws of England and Wales. governing document
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Generally but not in 2023: Providing Free Concerts, Operas and other Arts Performance for the Corfu public. Supporting Festivals. Supporting Choral Programmes.
Supporting talented young Corfiot musicians.
Summary of the main activities undertaken for the Contributing to initiatives such as the restoration of the Steinway piano in public benefit in relation to the Ionian Academy and organising music masterclasses in conjunction these objects (include within with the Ionian University. this section the statutory declaration that trustees have Publicising other artistic events. had regard to the guidance issued by the Charity Supporting other charities. Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grantmaking;
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policy programme related investment;
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contribution made by volunteers.
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Section D Achievements and performance
Summary of the main No movement during the year apart from planning events for 2024. achievements of the charity during the year
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Section E Financial review
Brief statement of the charity’s policy on reserves
All reserves are carried forward to advance the arts and support other charities but there was no movement during the year apart from planning for 2024.
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal sources of funds (including any fundraising);
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how expenditure has supported the key objectives of the charity;
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investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
- The Charity did not operate in 2023 but planned to produce an Opera Gala and a performance of La Boheme in 2024, which would raise funds to support the Saint Spyridon Children’s Choir and the Charities, Hamogelo and Melissa.
Section G 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) Richard Edward Anthony Woods Position (eg Secretary, Chair, Chairman etc)
Date 02/10/2024
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Charity Name No (if any) Corfu Arts Foundation 1158355 Receipts and payments accounts CC16a For the period Period start date To from 01/01/2023 31/12/2023
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - 6,832 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Last year to the nearest £ |
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| - | ||||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
- | - | ||||
| A2 Asset and investment sales, (see table). |
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| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
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| - | ||||||
| Pianist Sponsorship | - | |||||
| Charge for above Transaction | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | - | - | ||||
| A4 Asset and investment purchases, (see table) |
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| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| - | - | - | - |
- | ||
| - | - | - | - | - | ||
| - | - | - | - | 6,832 | ||
| 6,832 | - | - | 6,832 |
CCXX R1 accounts (SS)
1
| Section B Statement of assets and liabilities at | 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 B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) 6,832 Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ 6,832 - - - - - 6,832 - 0 0 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 Richard Woods |
Endowme nt funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| 0 | |||
| Endowme nt funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Richard Woods | 02-Oct-24 | ||
CCXX R2 accounts (SS)
2