## **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| 1 |||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| 2 ## **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.| 3 ## **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 4 ## **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 5 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 D*Yb•• Trwt Receipts and payments accounts CC16a For tho p•Yl<)d To 01101￿023 3111212023 Section A Receipts and payments Unr08tr1ct•d funds Ro*trlct8d 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$' •xFfjnses Adfflini5tradw extwg0• Wob5hte Sub total 3,188 3.111 A4 Ass•t end invas1n￿nt pur¢hau•. l•¢¢ t*bl•l Sub tot•1 3.188 2,580 Net ol1•¢e1￿￿{p•yfflw￿) . AS TrnnJfer• betwmn fund$ 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?$trl¢ted Resirl¢t•d fvnds funds Endowm•nt lund• B1 Ca•h lund• Cash ai b￿k rot01 cosh funds 25,066 ar￿0￿1181) UnMtri¢t fund$ R•strl¢tod funds t• n•*rth Endwm•nt Yund• 82 Other monetary ass•ts Fund towb* COBI lop1￿￿1) Currnntvilu• B3 Investm•nt a•••t$ Fund to aM•t b•k4n Coil Ivpllol￿1j 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 bah￿f 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 - 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** 1 **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**