Trustees’ Annual Report for the period
From 1 January 2023 To 31 December 2023
Charity name: The Peter Maxwell Davies Trust
Charity registration number: 1171965
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the education of the public in the art of music and in particular the promotion of public education in and appreciation of the life and works of Peter Maxwell Davies. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Trustees are mindful that their resources are extremely modest, being the proceeds of the last sale of manuscripts by the late composer to the British Library in 2016. The main focus of the Trust’s use of these funds is to establish a permanent legacy of his soundworld by supporting recordings of unrecorded works; and to encourage creative exploration of his work. In 2023 we supported three recordings: £538 (including international bank charges) to Dima Aschenazy who recorded the Strathclyde Concerto No. 4 for clarinet and orchestra, with the Philharmonisches Orechester Hagen directed by Joseph Trafton. £200 to Imogen Whitehead to record the Sonatina (this was an ex gratia gift donated personally by the Trustees) £1,320.17 (including international bank charges) to Crispin Lord for his innovative research project in Berlin on Sir PeterMaxwell Davies’ opera Resurrection The one really major recording initiated by the Trust, centred on A Mirror of Whitening Light, has unfortunately been delayed yet again. The Trustees hope that 2024 will see its fruition. The Trust again asked Gabriel Williams at the Royal Academy of Music to assume |
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| responsibility for the Trust’s website, MaxOpus, for a fee of £1,000.00. The Trust continued to work closely with the PMD Research Group on their regular zoom Forums, where invited guests shared their experience of working with the composer. These have fed into the vital ongoing research into the life and music of Sir Peter Maxwell Davies by the two eminent scholars Dr Nicholas Jones and Dr Richard McGregor. Liaison with Sir Peter Maxwell Davies’ three publishers and enquiries about the composer’s music is ongoing. |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the guidance issued by the Charity Commission on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | To preserve the legacy of the composer, through research, recordings and other musical activities in his name. |
| Policy on social investment including program related investment |
Para 1.38 | To fund projects outside London which promote greater musical engagement: Music in unusual places. |
| Contribution made by volunteers |
Para 1.38 | Not applicable |
| Other | Not applicable |
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Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | See ‘Summary of the main activities’ above. These achievements have increased the knowledge and understanding of the public in music and the arts in general and the works of Peter Maxwell Davies in particular and the heritage he left behind and thereby enhanced their cultural well-being. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The Trust was in a healthy financial position at the end of the year with sufficient funds to meet its anticipated administration costs and prospective grant funding for the foreseeable future. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are not considered necessary. |
| Amount of reserves held | Para 1.22 | £0 |
| Reasons for holding zero reserves |
Para 1.22 | Not considered necessary |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The trustees do not consider that there are any such uncertainties. |
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Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are selected by the existing trustees |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
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Reference and Administrative details
| Charity name | The Peter Maxwell Davies Trust |
|---|---|
| Other name the charity uses | The Max Trust |
| Registered charity number | 1171965 |
| Charity’s principal address | 50 Walkerscroft Mead London SE21 8LJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name | Office (if any) | Dates acted if not **for whole year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Sally Hilary Groves MBE |
Chair | |||
| Sylvia Gowan Junge | ||||
| Christopher Austin | ||||
| Dr Nicholas James Jones |
– Corporate trustees names of the directors at the date the report was approved
Director name Not applicable
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| Not applicable |
Funds held as custodian trustees on behalf of others
Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets
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Addlllonal infomiatlon (optional) Names and addre•$w4 of advl¥ers (Opiional inforniallon) Type of Name Address adviser Legal AJ Luuey Springfield. Rrjokery Hill, Ashtead KT21 1 HY Name of chlet execullve or names of senior staff membèrs (Optlonal Infomiatlon) Not applicable Exemptions from disclosure Reason for non-d1sd0su of ke rsmnel detslls Not applicable Other o tional information Not applicable Declaratlons The trus1* declare that th•y have approved the Irustees, report above. Slgned on behalf of Ihg charity'5 trustee¥ Slgnaturels Full namel$) Poslllon (eg Secrntary, Chair, elc) Sally Hilary Groves MBE Chair Date 2Tr1o1 {ioL4
CHARITY COMMISSION FOR ENGIAND ANO WALE5 Th• Potsr M•x•ll DYb•• Trwt Receipts and payments accounts CC16a For tho p•Yl<)d To 01101023 3111212023 Section A Receipts and payments Unr08tr1ct•d funds Rotrlct8d lund$ Endowment lunds Total fvnd• A1 R•¢•l Sale ol #U Iu5 Ilemt c0ninbJti to cost4 rsftAhY (1 ub totallGw inmme for AR) A2 A•ut Ind lTrw•tment Ml•#. {•ee tabhl. Sub tolal A3P TruStee$' •xFfjnses Adfflini5tradw extwg0• Wob5hte Sub total 3,188 3.111 A4 Ass•t end invas1nnt pur¢hau•. l•¢¢ tbl•l Sub tot•1 3.188 2,580 Net ol1•¢e1{p•yfflw) . AS TrnnJfer• betwmn fund$ A6 Cash fund• last y•4r •nd Cash funds thls year• 3.181 3,188 1476 28,254 Z&066 28,254 25,011 2,476 CCYX R1 4ccwnt8 ISSI 18m112024
Section B Statement of assets and liabilities at the end of the period Unr?$trl¢ted Resirl¢t•d fvnds funds Endowm•nt lund• B1 Ca•h lund• Cash ai bk rot01 cosh funds 25,066 ar01181) UnMtri¢t fund$ R•strl¢tod funds t• n•rth Endwm•nt Yund• 82 Other monetary ass•ts Fund towb COBI lop11) Currnntvilu• B3 Investm•nt a•••t$ Fund to aM•t b•k4n Coil Ivpllol1j B4 A8S•ts r•taln•d for t tharlty's own uso Fwrbd t• whlch *AnouTht Wh•n du• 85 UabllbUo¥ by om tnJsi8•8 on bahf ol BIS thÈ trusteE5 SIWur• Pnnt Nam8 Dale of rov81 S811 Groves CCXX R2 ac¢oun15 ISSI 1WD112024
Independent examiner's report on the accounts
Section A Independent Examiner’s Report Report to the trustees/ Charity Name members of The Peter Maxwell Davies Trust On accounts for the year 31 December 2023 ended Set out on pages 1-2
Charity no 1171965 (if any) (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 31/12/2023. .
Responsibilities and As the charity trustees, you are responsible for the preparation of the basis of report accounts in accordance with the Charities Act 2011 (“the Act”).
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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
------------------------------------------------------------------------------------- Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement ------------------------------------------------------------------------------------------undertake the examination by being a qualified member of [insert name of ----------------------------applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have --------------------------------------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,:
-
the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: Relevant professional qualification(s) or body (if any): |
Date: ~~����~~ |
|
|---|---|---|
| 27 January2024 | ||
| Andrew John Lutley | ||
October 2018
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IER
Address: Springfield, Rookery Hill, Ashtead, Surrey KT21 1HY
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 details of any Not applicable items that the examiner wishes to disclose .
October 2018
2
IER