## **Trustees’ Annual Report for the period 01.05.2022 – 30.04.2023**
## **Section A Reference and administration details**
Kensington & Olympia Festival of Music & the Arts
Registered charity number 1167788
Charity’s principal address: 11 Hofland Rd, London, W14 0LN email: info@kofma.co.uk
Website: www.kofma.co.uk
The Charitable Trust was established in May 2015 to promote music and the arts in the local community. The Annual Festival and other events throughout the year aim to provide young talented musicians and artists a platform to deliver live performances to the local public at low cost. This has been achieved by the efforts of volunteers, sponsorship and fund raising.
Managing Trustees:
Mr Geoffrey Thompson Chairman Mr Mark Cosmo Elms Treasurer Miss Laura Lamph Mrs Jane Ena Mr Ashley Stafford Mrs Lynne Sayer
## **Section B Structure, governance and management**
The Governing Document is the constitution of a Charitable Incorporated Organisation whose only voting members are its Charity Trustees.
The Charity is constituted as an Association and was registered as a Charity on 22[nd] June 2016. Trustees are appointed by a resolution passed at a properly convened meeting of the Charity Trustees.
The Charity is managed by Jane Ena and Lynne Sayer, who are also Trustees reporting to the Trustees at Trustee meetings and to them generally throughout the year.
The Trust insures its activities and third party liability through Ecclesiastical Insurance.
## **Section C Objectives and activities**
The objects of the Charity as set out in its Governing Document is to promote music and the arts in the local community by providing a platform for young musicians and artists to perform and display their talents to the local public.
In summary its primary means of achieving this is organising musical and arts events throughout the year at venues in the local community.
However, this year the passing of our revered chairman, Denis Moriarty, restricted the number of live performances that KOFMA was able to organise. Denis founded Kensington Olympia Festival of Music and Arts in 2015, and he has been integral to the charities impact and success since then. However, we have been determined to continue running the charity in Denis’ honour, and to continue to support young musicians and the community. We have been fortunate that Geoffrey Thompson, a close acquaintance of Denis with significant experience and interest in music, has agreed to take on the role of Chairman.
Although the schedule of events has been more limited than in previous years, the Charity was still able to organise a number of live performances, as well as maintain some fundraising activities.
## **Section D Achievements and performance**
As referred to above, due to loss of our Chairman the Charity’s live musical performances were more limited this year, and were restricted to a Weekend Festival of music from 14-16 October 2022.
These performances were held in the magnificent setting of St John the Baptist Church, Holland Rd, Kensington. Performances included:
A wonderful evening of vocal music courtesy of the Kantos Choir on Friday the 14[th] October, including Hildegard von Bingen – O viridissima, Jonathan Dave – In Beauty May I Walk, Elizabeth Poston – Jesus Christ the Apple Tree, John Ireland – The Hills and more.
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On 15[th] October a fantastic string quartet recital performed by the Treske Quartet, an emerging ensemble based in Manchester, featuring Mozart’s Quartet No. 17 “The Hunt” and Smetana’s Quartet No.1, “From My Life”.
And finally on 16[th] October Chris Terepin and Nathaniel Mander performed a number of pieces by Bach and other composers for the Viola da Gamba and Harpsicord.
The Chairman, Geoffrey Thompson, said that he hoped KOFMA, will once again be able to return to a more comprehensive programme of musical and cultural events.
## **Section E Financial Review**
The Charity’s financial year is from 1[st] May to 30[th] April. Accounts prepared by The Treasurer were approved by the Trustees for the period ending 30[th] April 2023.
Total Receipts £9,129 Total payments £10,535 Net assets £5,966
The Charity has no other assets or liabilities.
The budgeted excess of expenditure over income in part reflects this year’s “ Young Musicians Sponsorship” of Abi Hammett a nd her Treske Quartet who, in reciprocation performed at KOFMA’s October 2022 Festival.
The Charity’s reserves policy is to retain a minimum balance of £3,000.
The full Accounts, which are an addendum to this report were approved by Trustees via email on 13 September 2024.
The Charity’s Bank is The Royal Bank of Scotland, Threadneedle St, London EC2.
## **Donations**
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KOFMA, as a registered charity, relies upon donations to be able to offer tickets for musical performances at affordable prices. Join our KOFMA CLUB by donating £250 or become a Friend by donating £100. Each offer a range of complimentary tickets and advance bookings to Performances.
Donate by: paypal www.kofma.co.uk
Cheque payable to KOFMA to 11 Hofland Rd, London W14 0LN
## **Section F Other optional information**
Adam Dickson, Trustee & Treasurer confirmed that he will not be standing for reelection.
Having regard to the above Geoffrey Thompson was pleased to announce that Mark Cosmo Elms has been appointed as Trustee and Treasurer.
The Trustees extend their sincere thanks to all those who have continued to support us during this difficult year.
## **Section G Declaration**
The Trustees declare that they have approved the Trustees Report above,
## Signed on behalf of the Charity’s Trustees
## _Goeffrey Thompson_
Geoffrey Thompson
Chairman of Trustees
Date 22[nd] August 2024
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## **Kensington Olympia Festival of Music & the Arts**
|**Statement of Income & Expenditure**|||
|---|---|---|
|**Year end 30 April 2023**|||
||**2023**|**2022**|
|**Income**|**£**|**£**|
|Ticket sales (Charity performances)|3,279|3,351|
|Donations & sponsorship|5,850|4,895|
|**Total income**|**9,129**|**8,246**|
|**Expenditure**|||
|Hall & instruments hire|800|900|
|Insurance|626|610|
|Performance fees|5,998|4,350|
|Young Musician Sponsorship|2,500|2,500|
|Printing/Website/Programmes & Administration|593|1,078|
|Bank charges|18|141|
|**Total expenditure**|**10,535**|**9,579**|
|||**-**|
|**Excess of income over expenditure**|**-1,406**|
**1,333**|
**Statement of Financial position Year ended 30 April 2023**
## **Current assets**
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|Debtors|0|
0|
|---|---|---|
|Cash at bank|5,966|7,372|
|**Net current assets**|5,966|7,372|
|Current liabilities|0|0|
|Net assets|5,966|7,372|
|**Accumulated fund**|**5,966**|**7,372**|
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