Registered Charity Number". 1167616 THE AIDAN WOODCOCK CHARITABLE TRUST TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MA Y 2025
THE AIDAN WOODCOCK CHARITABLE TRUST CONTENTS Page Legal and administrative infomiation Chaimian's report Trustees, report Statement of trustees, responsibilities Independent examinerfs report to the trustees Statement of financial activities Balan sheet Notes to the accounts 9-11
THE AIDAN WOODCOCK CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Hugh Parry FCA Elspeth Arden Keith Berry Helen Blow Marb'n Brad(enbury Matthijs Broersma B.Mus (Hons). Guildh811 School of Music & Drama". MA {Music Perfomancel.. Hochschule der Kunste. Bern Arisa Fujita 8.mus {Honsl. Guildhall School of Music & Drama Wayne Kit¢at Andrew Newton Chairman Treasurer Artisti¢ Advisor David Watemian PhD MA Management Lauren Herbert Sarah Baldwn Anna Phillips Accountant Mart(ets"ng and Operab'ons Manager cOnrt Manager Registered Charity Number 1167616 Principal address Mill Way House Guildford Road Westcott Surrey RH4 3LB Webslte ..Afvh.mataStsa.or Examiner Peter Dobree FCA Rocking Horse Cottage 7 Cotmandene Dorking RH4 2BL 8ank CAF Bank Account name.. THEAIDAN WOODCOCK CHARITA8LE TRUST Account number 00008685 Scrft code: 405240 Invegtment manager CCLA Fund Marsagers Limited Registered in England No. 8735639 One Angel Lane London EC4R 3AB
THE AIDAN WOODCOCK CHARITABLE TRUST CHAIRMAN'S REPORT for the year ended 31 May 2025 The Aidan Woodcock Charitable Trust. which operates under the name Maiastra, has continued to provide high quality chamber music courses for talented young music students. l am delighted to report that over the past year Maiastra has arranged 25 public concerts for 32 students. We held four residential courses and six non-residential courses. The residential courses take pla in a beautiful converted barn in the Surrey Hills outside Dorking which provides an ideal space in which to study the chamber music repertoire over a ten-day period under the direction of one of our course directors. The non-residential courses are aimed at more advanced students who intend to become professional musicians and who are nearing the end of their musical training, so the rehearsal time is reduced to two days before the performance of two or three public concerts. In addition to these courses, we held two fundraising concerts and we were invited to perform at Oriel College Oxford. To summarise Maiastra's activities over the past four years 24125 25 23124 23 22123 23 21122 25 Public concerts (following courses) Fundraising concerts Private concert at Oriel College Oxford Students Residential courses Non-residential courses 32 31 23 35 Course directors Each course is directed by a course director of the highest quality. This year our course directors were Arisa Fujita. Matthijs Broersma, David Wateman, Akiko Ono. Bartosz Woroch and Florence Cooke. Upon these course directors lies the responsibility of achieving and maintaining the standards which we and our audiences have come to expect and to them the charity owes a substantial debt of gratitude. Outside coaching Professor David Takeno continues to provide inspirational input not only as a coach for the courses but also through his interest and concern for the work of the charity. We are fortunate to have excellent backup in David Wateman, previously l11st of the Endellion Quartet, and Simon Rowland-Jones. violist of the Chilingirian Quartet. Each one of these coaches is outstanding.
THE AIDAN WOODCOCK CHARITABLE TRUST CHAIRMAN'S REPORT for the year ended 31 May 2025{continued) Administration Organising public concerts entails much work. The Trust's marketing and cOnrt organisation has been run very efficiently by Sarah Baldwin, a professional violinist, as Marketing and Operations Manager. Anna Phillips, a professional harpist, has joined us as Concert Manager. Lauren Herbert continues to do a sterling job in providing accounting SeNiS for the Trust. In addition. we greatly appreciate the tremendous support of the many volunteers who assist in different ways. such as serving refreshments and audien liaison. Many thanks to them all. Board l extend my thanks to all our trustees vtho support the charity in many different ways. Financial position For the year ending 31 May 2025, the Trust's income increased by 48% to £59,423. Our costs have rin by 28°k to £99,640 These costs include a grant of £4.373 to the Parkinson's UK charity following a fundraising cOnrt in September 2024 and the grant of the Bowers viola, which had been valued at £2.500, to the Yehudi Menuhin School. The trustees considered this instrument appropriate for a school aged student but not for a budding professional player. The viola had been gifted to the charity out of the estate of Mrs Susan Woodcock in March 2022. The course and marketing figures rose in line with the increased number of concerts. The Trust's investments have increased by £3, 125. Instruments In 2015 the Trust acquired a Matteo Goffriller wolin c. 1690 so that it could be loaned to a promising performer on a year-by-year basis. Since then, the violin has been used by Savitri Grier whose career has developed well and who divides her time between performing with the Kaleidoscope Chamber Collective and the Orchestre Philharmonique de Radio Fran. The violin was handed back on 15 July 2025 and the trustees are considering who to loan the violin to. Of the items donated to the charity in March 2022, the Bowers viola has bn granted to the Menuhin School., three bows have been sold, have been loaned to talented Maiastra students and the remaining one has been placed with a Maiastra student on a 36 month hire purchase plan. Donors It continues to be desirable to maintain the free-of-all-charge student policy in relation to the courses and this would not be possible without donations, both general and those arising from retiring collections at the end of each conrt. word of special thanks to all our donors who enable us to fulfil our objectives and for whom the concerts themselves stand as a testament to their generosity. The Future The trustees of the Aidan Woodcock Charrtable Trust are looking forward to meeting the challenge of continuing to nurture musical talent in young people aboLrt which Aidan cared so deeply. Chairman 15 Auqust 2025
THE AIDAN WOODCOCK CHARITABLE TRUST TRUSTEES, REPORT for the year ended 31 May 2025 The trustees present their report and accounts for the year ended 31 May 2025. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and compSy with the Trust's rules, applicable law. and the requirements of the Statement of Recommended Practice, "Accounting and Reporting by Charities (SORP 2005). applicable UK accounting standards and the Charlties Act 2011" Objects of the charity The Aidan Woodcock Charitable Trust was established to promote. maintain, improve and advance education by the encouragement of the art or Scien of music, in parlicular chamber music, in such ways as shall be thought frt. The Trust is governed by a board of trustees. The board of trustees meets regularly to discuss plans. finan and fundraising. Trustees are appointed by existing trustees in General Meetings. Review of activities and perforniance See Chairman's Report (pages 2 - 3). Brand Name ConrtS promoted by the Trust are done so under the brand name MAIASTRA, the magic bird of Romanian folklore gifted with the power of restorative song. Trustees The trustees who *rved during the year are listed in the legal and administrative section. Reserves policy It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level required to continue to meet the objectives of Ihe Trust. The trustees consider that reseprfes at this level will ensure that, in the event of a significant drop in funding or increase in its costs, they will be able to continue to meet the Trust's objeclives. Consideration is given to ways in which additional funds may be raised. Safeguarding The Trust has always regarded Safeguarding as of the utmost importance and there have been no instances of abuse reported since tts inception. The Safeguarding policy has this year been updated and a copy of the policy and prOdureS is provided to all participants prior to their participating in any course regardless of its duration or Ic)cation. Risk factors The trustees consider risks as part of their ongoing planning and decision maknng and the Irustees are satisfied that systems are in place to manage such risks. Asset cover for funds The assets are sufficient to meet the Trust's obligations. On behalf of the board of trustees Hugh Pary Chairman and trustee 15 August 2025
THE AIDAN WOODCOCK CHARITABLE TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MA Y 2025 The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charrty trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to- select suitable accounting policies and then apply them consistently- observe the methods and principles in the applicable Charities SORP; make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going cOnM basis unless it is inappropriate to presume that the charty will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees and signed on their behalf by: Hugh Parry (Chairm
THE AIDAN WOODCOCK CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the accounts of the Trust for the year ended 31 May 2025. which are set out on pages7to11. Respective responsibilities of trustees and examiner The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)} and that an independent examination is needed. It is my responsibility to= Examine the accounts {under section 145 of the 2011 Act), To follow the procedures laid down in the General Directions given by the Charity Commission {under section 14515) of the 2011 Act), and to state whether particular matters have come to my attention. Basis of the independent examtneP$ statement My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a ieview of the accounting records kept by the charty and a comparison of the accounts wrth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanation from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair Vie and the report is limited to those matters set out in the statement below. Independent examinerfs statement In the course of my examination, no matter has come to my attention 1) which gives me reasonable cause to believe that in any material aspect the requirements- a) to keep accounting records in accordance with section 130 of the 2011 Act", and bl to prepare accounts which accord with the accounting records and comply wtth the accounting requirements of the 2011 Act have not been met. or 21 to which, in my opinion, attention should be dravm in order to enable a proper understanding ofthe accounts to be reached. Peter Dobree FCA 15 August 2025
THE AIDAN WOODCOCK CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MA Y 2025 2025 2024 Notes INCOME Donations Gift Aid 49,104 10,294 25 32.747 7.374 Interest income Total income 59,423 40,139 EXPENDITURE Course costs Grants Insurance costs Marketing and operations Administration Bank charges (65,650) (7,498) (1,057) (22,570) (1,621) (1,244) (53,809) (500) (1,307) (21,223) (939) (258) Total expenditure {99.640) (78,036) Net income before gainsl{losses) on investments (40,217 (37,897) Gains and (losses) on investment assets 3,125 32,221 Net movement in funds (37,092) (5,676) RECONCILIATION OF FUNDS Total funds brought forward 637.448 643,124 Total funds carried forward 600,356 637,448 The notes on pages 9 to 11 fomi part of these financial statements
THE AIDAN WOODCOCK CHARITABLE TRUST BALANCE SHEET FOR THE YEAR ENDED 31 MA Y 2025 2025 2024 Notes Fixed assets Investments Instruments 298,6D2 277,ODO 575.602 330,477 279.500 609,977 Total fixed assets Current assets Debtors Cash al bank and in hand 8.273 18,964 27,237 21,987 30.033 Total current assets Liabllities Creditors: amounts falling due within one year 2,483) 2,563) Net current assets 24,754 27,471 Net assets 600,356 637,448 The funds of the charity Unrestricted funds 600,356 600,356 637,448 637,448 Total charity funds Approved by the trustees and signed on their behatf by: Hugh Parry (Ch Trustee 15 August 2025 an) The notes on pages 9 to 11 fonn part of these financial ststements
THE AIDAN WOODCOCK CHARITABLE TRUST Notes to the accounts FOR THE YEAR ENDED 31 MA Y 2025 1 Basis of preparatlon 1.1 Basis of accounting The accounts lfinancial slalementsl ha¥e been prepared under the histoncal cost convents'on th riems recognised at cost or transaction value unless otherw5e stated in the relevant notelsl to these aUnt$. The finana31 statements have been prepared in aC0)rdan the Statement of Recomtnended Practice.. Accountirig and Reporting by Charities preparing their aco)unts in acttjrdance the Finanoal Reporbng Standard applicable in the UK and Republic of Ireland IFRS 102} issued on 16 July 2014 and the Finanaal Reporb"ng Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Ad 2011. 2 AcGounting policies 2.1 INCOMING RESOURCES Recognition of incoming resources These are induded ift the Slatemenl of Financial Actr'vities ISOFAI when". the Trust becornes entiued to the resources.. the trustees are virtually rtain they will rec£ive the resources.. and the monetary value can be measured wrth sufficient liabil. Incoming soUr$ from tax dalIn5 are induded in the SOFA at the same time as the gift to which they relate. The value of any voluntary help reiVed 15 not induded in the accounts but is described in the Chaimian's report. This is included in the accounts whell received. Tax reclaims on donations and gifts Volunttèr help Investmont In¢ome 2.2 EXPENDITURE AND LIABILITIES Liability racognition LiabilttEs are recognised as soon as there is a kgal or oinstni(*ive obligation commrtb.ng the Trustto pay out resources. 2.3 ASSETS Investrnents Investsments quoted on a regnised stuth exchange are valued at market value at the year end. Instruments a valued at cost 01 at probate value where instruments have been leftto the Trust as part of a legacy less a provision for initial repair tx)sts. Instruments
THE AIDAN WOODCOCK CHARITABLE TRUST Notes to the accounts FOR THE YEAR ENDED 31 MA Y 2025 3 Dètails of certain items of expendlture Trustee expense5 Rèlmbuernerf ofo£rt-ofwckel expenses madè to trustees forexpenses irturTedby In. 2025 2024 Number of Iruslees %%ere paid eXSe$ Naiure of the expenses Cout5e & wiAtcity COLW & publi(ity costs costs Trustees re1mbSl 10.297 5.750 Total amounts paid to trustees 10.297 5.750 Grants Parknns(y)s UK Grft of a kTola to the Yeh¢JJi MenL)in $cK Other 4.373 625 7.498 500 500 4 Investment a$5ets CarwNJ (market} value at 1 JLme 2tr24 Add". purchase of COIF untts sale of COIF unrts net gairvlloss) on revaluab.on at year end 330.4TI 135,LXM)I 3.125 CaryNJ Imatketl ue at 31 May 2025 298.602 Anatysis of Imfestments a5 at 31 May 2025 Mafket pric£ per Unit at 31 May 2025 Matket Value Totsl units 31 May 2025 COIF Charities Investment FurKI- AclatIon Units Acrount numter.. Co30503901 252.9766 1.180.36 298,602 S Instrurnent assets 2025 2024 Inslruments at cost or valuation 811 2024 279.500 283.7C Instrument granted to Menuhin Scho Instruments sold I2.5> {4,2001 Instruments at cost or valuation at 31 May 2025 279.10 Analysis of instrument assets as at 31 May 2025 Instrurttents bequeat1 to the Tnjst in March 2022 arnl val1 at w(knaie by J. & A. Beare Ltd Sartory viola bow 35.(MX) 35.0 Ouchard viola b 12.OLK) 12,0 Botr5 701a Instnjrnent acquwed in De¢ber 2015 Goffriller wolin (al costi 230,IM) IEEstruments at cost or valuatfion at 31 May 2025 277.tMJ) 279.500 The tnjstees a adwsed ty Be3re Viol1r Lirrmted vthth respect lo market conothns ènd have been a(fv*ed that the re8lisable walue of tttese insbwments assets ts in eXs$ oftheir value. 10-
THE AIDAN WOODCOCK CHARITABLE TRUST Notes to the accounts FOR THE YEAR ENDED 31 MA Y 2025 6 Debtors and prepayments Amounts falling due within one year 2025 2024 HMRC Gift Aid rebate Lease purchase receivable on sale of bow Prepayments and accrued income 6,193 2,080 4,546 3,500 Total 8,273 8,046 7 Creditors and accruals Amounts falling due within one year 2025 2024 Accruals and deferred income 2,483) 2,483 (2,563) (2,563) Total 8 Transactions with related parties 2025 2024 8.1 Remuneration for professional fees as permitted by the Trust Deed to trustees As course directors of Maiastra chamber music courses 5,500 5,500 3.000 3,000 Totsl 11