CHARITY COMMISSION FOR ENGLAND AND WALES TrusteO8' Annual Report for the perlod From 1 January 2024 To 31 D•cemb•r 2024 Charlty nam•: Th• P•t•r Maxw•ll Davl•s Tru•t Charlty r•glstratlon numb•r: 1171965 Objoctlves and Actlvltle8 Summary of the purpo8e8 of th8 charlty a8 8et out In its govemlng document 1.17 To advance tho educallon of the publlc In Ihe art of muslc 8nd In partlcular th8 promotlon ol publlc educatlon In and appreciation of the life and works of P8t•r Maxw811 Davle8. Summary of the maln acllvllles In relatlon lo Ih088 purp0888 for the publlc beneflt, in partlcular. the actlvilles, projects or service8 Identlfled In th8 accounts. 1.19 Tha TnJ8t008 8re mlndlul Ihat tholr resources are extremely modest, belng Ihe proceed8 of tr￿1881 sale of m8nu8crlpts by Ihe late composer to the Brltish Llbrary In 2016. The main focus of the Trust'8 use of Ih6s8 funds Is to esiabll8h a perrnanent 18gacy of h18 soundworld by 8UPPOrtlng recordlngs of unrecorded works; 8nd to èncourage txeatlvo exploratlon of hls work. There wer6 no major inilialive8 In 2024. The one really m8Jor fecordlng inlll8ted by the Trust, centred on A Mirror of Whitening Llghl, has unlortunaiely been delayed yel agaln. The Trustees hope that 2025 wlll 8ee Its frultlon. The Tru81 agaln asked Gabriel Wllliams at the Royal Academy of Mu81c lo assum8 responsibillly for the Trust'8 website, MaxOpu8. for a lee of £1,000.00. The Trusl contlnued to work closely wlth the PMD Research Group on thelr regular zoom Forums, where Invlled guests share thelr experlencé of worklng wlth the composer. The88 have fed Into the vltal ongolng research Into the Ille and mu8lc of Sir Peler maxy￿11 Dav188 by the two emlnent 8chol8rs Or Nlchol88 Jon86 and Dr Rlchard McGrog0r. Llalson wlth Slr Peler Maxwall Davle8' three ubllsher8 and en ulrfes aboul the composef 8 mu81c18 contlnual and ongolng. St8temeni confim)In9 whether the tru8tee8 havo had regard to the guldance Issued by the Charity Commission on public benefll Pw• 1,18 The TNstees have had rngard to the guldance188U8d by th8 Charlty CommlB8lon on publlc beneflt. Addluonal Inforniatlon (optlonal) You ma choose to Include further 8tatem8nl8 where relevant about: Pollcy on gr8nt making Pu• i. To pre88rve th8 legacy of the cornp0￿r. through research. recordlngs and olher muskal 8cllvlllos In hls name. Pollcy on 80clal Investment Indudlng program related inv88tm8nt Pw• 1.38 To fund pro}8cts outslda London whlth promote greater musical engagement. Mu8iG in unu8ual place8. Contribullon made by volunteor8 Pv4 1.38 Not appllcable Other Nol appllcabla Achlevements and Perfornianco Summary of Ihe maln achievement8 of the charlty, Klentifwng the difference the ch8rlty's work has m8d6 to the drcumstanc68 of Its b8n8fidarlo8 and any wid•r benefi18 lo 8OCièty a8 whole. Pw• 1.20 See 'Summary of the maln actlvltles, above. Th88e achlevements have Incrna8ed the knowledge and under8tandlng of the publlc In music and tho arts In ganeral and Ihe works of Peter Maxwell Davi88 in partioJlar and the herftsge he left behlnd and thereby onhanced their cultural well-beirw, Addltlonal Infomwllon {optlonal You ma ch0088 to Indude further 8tai8m8nt8 wh8ro relevant about: Achlevernent8 agaln8t objectiV6S 881 Perfomance ol fundralslng actlvltle8 8981nsl obJectAvos Investmanl perfommnco again81 obioclives IA1 Flnanclal Revlew R8vl8w ol the ch8rlty'$ rinancial position at the end of the period 121 The Trust was In a healthy flnanclal PDSition at the end of the year with Sufficient funds to meet Ils anticipated admlnl8lralk)n c08ts and pro8pectlve grant lundlng lor Ihe lore8eeable future. Statement explalnlng the pollcy lor holdlng re6eNe8 8tsting why they are held P•r• 122 R88érve8 ar8 consldered noco88ary. Amount of r98erve8 held P•rn 1.22 £0 Reasons lor holdlng zero r88eNes P•r• 1.22 Not con8kl8r8d necessary Dets118 of fund rnat8dally In defidt P•rn 124 Not appllcable Explanatlon of any uncertaln1588 at>out th8 ch8rlty ccffitlnulng a8 8 golng concem 1.23 The tru8te68 do noi con8lder that Iher8 arn any Such uncertalnties. Addltlonal Infomiatlon (optlonal You ma choose to Include further 818tements wh8r8 rel6vani about: The chartty's prfnclpal 8ourc88 of funds (Indudlng any fundralslng) 1.47 Investment pollcy and objectives including any social Investrnent pollcy adopted Pw• 1.46 A descrlption of the prlndpal risk8 facing the charity Pw• 1.46 Other Structure, Governance and Management De￿IptiOn ol ch8rlty'8 tru8ts,' Typé of govèming document 1111181 (li'.Itd. roval c.iiartOr) Pm 125 Con8titutlon How is th8 charlty con8tltuted? P•• 1.25 Charttable Incorporated OrganlsatK)n 1o.g unlncofWA }￿￿￿LiatI(b￿, CICI> Trusiee 8elecllon method8 Includlng d8ts118 of any constllullonal provislons 8.g. electlon to post or name ol any person or body enlitled to appolnt one or mora tru8t608 Pw• 1.26 Trustees are selected by the exlstlng trustee8 Addltlonal Infomiatlon (optlonal) You ma ctK)ose to indude lurther 8tatem8nt8 where relevant at)out: Pw• 1.31 Polldes arKI procedures adopled for Ihe Inductlon and Irainlng of tru8tee8 The charlty'8 organi88tlonal struciure and any wider Tretr￿rk wlth whlch the charlty work8 P•rn 1.51 Ralatlon8hlp wlth any related partl88 Pn 1.51 Reference and Admlnlstratlve detslls Charlty n8mo The Peter Maxwell Davles Trusl Other name Ihe charity u8e8 The Max TnJ8t Regi8lered dwrity number 1171985 Charity's pfinclpal addre88 50 Walk8r8uoft Mead London SE218LJ Nam•• ol th• charlty tru•t••• who man4g• th• chirlty Oat•• •ct•d11 Trol lor whd• TN•ts• nwn• Olfi¢• {11 kny) Chair Naffl• Of P•r•I￿ (or body) •ntltl•d Int tru•t•• Sally Hllary Grove8 MBE Sylvia Gowan Junge Christopher Austin Dr Nlchola8 Jame8 Jone8 te INstee8 - nam88 of the dlreclor8 at the date the re Dlr•¢tor n4m• Not appllc•bk• ort l•Ya8 Namo of truslees holdlng tltle to pro￿rtY belonglng to tho charfty Tru•t•• nam• Nol •PPk•b D•t•• •¢t•d If n¢X lof whol• Funds held as Custodlan trustees on behalf of othern De6cnptk>n of tho asse18 Nol applicable held In th18 cap8cJty Namo and objects of tho charlty on whos8 behalf the 88set8 8re held and h¢)w th18 lalls wlthln the ￿310dlan charlty's objec18 Nol appllcable Dets118 of arrangements for safè custody and 8egregatk>n of such a88018 from the charlty's own a888ts Not appllcable Addlllonal Informallon (optlonal) Nam•s and addr••us of advl••rn {Optlon41 InfornMtlon) Typè of Nam• Addr• advls•r Legal AJ Lutley Sprlngfknld, R(x)kery Hlll, Ashtead KT21 1 HY Nam• of chlof •x•cutlv• or nam•8 018•nlor staff m•mb•r• {Optlonal Infonnallon) Not appllcable Exemptlons from dl8cIo8ure R8ason lor non41isclosure ol ke ersonnel detalls Not appllcable Other o tlonal Infomiatlon Not appllcable Declaratlons Th• tru•ts•• d•clar• that th•y hav• approv•d th• tru8t••s' r•port abov•. Slgn•d on b•h4lf ol th• ch•rfty's trust••g Slgnatur•(•l Full nam•l•) Posltlon (•g S•cr•tsry. Chalr. •tG) Sally Hllary Groves MBE Chalr Dat• 14101 Izolr CHARITY COMMISSION FOR ENGLAND AND WALES Th• P•t•r II•x¥MII O•¥l•• Tfu•I Recelpts and pa ments accounts CC16a For th• p•rlod To 011D1f2024 31112r2024 Scctioii A Receipts aiid payments UnT••trlthd lund• nd• fund Tot•1 fundi L••t A1 R•c•l 8•1• 01 Gdl Ajd l•x (••kn ub lot•1 Gra98 Inc(wTre lor AR) A2 Awt •nd Inw•tm•nt MIM. Sub tot•1 Totsl nc•lpi8 Gf•nt• 2JO 250 Sub tot A4 AA••l •nd Inv••lffl•nt ur¢h•M•. (••• t•lA•> Sub tot•J N•t ol r•¢•lptrfp•ym•nt•) . A3 Trnn•f•r• b•tw••n lufid• Aa C••h fund• ts•i >w •nd C•ih fvnds th1* y••f •nd 1250 25. 210 CCXX R1 •C<4xwth1SSI CWO1r2025 Section B Statement of assets and liabilities at tho eiid of the poriod Unr••trlctsd R••lrlGtsd fuTrd• fund• )dowmonl nd• ID M•rn•t £ 81 Ca•h fund• Tot•1 fvnds 23.118 Unr••lrlct•d fund• lo nMrn•i £ R•strl¢t•d fund• Endowfft•nt lund• Fund to *hkh D•t&ll• •t 84 A•s•ts r•tsin•d for th• ch*rW• u t• d Tllhth d D•i4lh BS U*bllhl•• PnrtN D•kn ol Sall Grov•8 1.4 CCXX R2 •cuurt• (881 owoir2026 ## **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 2024 **ended** **Charity no** 1171965 **(if any)** **Set out on pages** ## 1-2 (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** 31/12/2024. 31/12/2024. . **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the 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 examiner's statement** - ------------------------------------------------------------------------------------- [The charity’s gross income exceeded £250,000 and I am qualified to ------------------------------------------------------------------------------------------ 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._|_Please delete the words in the brackets if they do not apply._|_Please delete the words in the brackets if they do not apply._| |---|---|---|---|---| |**Signed:**
**Name:**|**Signed:**
**Date:**
**Name:**
~~_A-L_~~
~~PO~~
Andrew John Lutley|||13 January2025| |||||| |**Relevant professional**|**Relevant professional**|||| |**qualification(s) or body**|**qualification(s) or body**|||| |**(if any):**|**(if any):**|||| **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**