30 January 2025
RAVA Music Foundation
Trustees’ Annual Report
01 April 2023 - 31 March 2024
Following an evaluation of our activities during the previous financial year, our focus for the new year was centred on two main objectives: (1) intensifying our practice sessions to prepare the complex pieces we had undertaken for concerts and (2) reducing operational costs.
This year, our primary efforts were dedicated to rehearsing multi-part pieces in small groups. These sessions were conducted both online and in person, with many additional sessions held at members’ homes to economize on expenses.
For more practice along with physical activity and improved health, we also designated certain days for outdoor outings and held our group practices in parks and recreational areas. This was well-received by friends, providing both enjoyment and a pleasant experience, while also being highly beneficial.
Alongside rehearsals and intensive preparations for the concert, we continued offering free music theory classes, benefiting a considerable number of enthusiasts by equipping them with foundational musical literacy.
Another notable achievement this year was our collaboration with Linking Hands, a project supported by Hammersmith & Fulham Council. Activities were hosted at the Ashchurch Centre, where we held weekly sessions and participated in the Centre’s Open Day event in July 2023. Our performance during this event was well-received by the audience.
The intense preparations for our January 2024 concert fostered a deep sense of collaboration and camaraderie among the participants. Weekly rehearsals and the collective effort to master some challenging and intricate pieces culminated in a memorable performance that remains an unforgettable experience for the entire group. The wholehearted support of our choir director, was a significant strength in achieving the above.
In addition to the choir pieces, we diversified our program by including performances by some Iranian emerging music and dance individuals. This addition was warmly welcomed by the audience and enriched the overall concert experience.
Following the January concert, we conducted a comprehensive review of our activities. We concluded that, after a period of intensive work, it would be beneficial to also engage individuals who, despite their enthusiasm, may find it challenging to
keep up with rigorous musical training. To this end, we introduced a Sing-Along section to our activities, laying the groundwork for its implementation in the next financial year.
Overall, we evaluate our activities during the financial year 2023-2024 as aligned with the objectives outlined in our constitution. We believe this year marked another significant step forward, drawing more individuals—who might otherwise remain socially isolated—into vibrant and uplifting community activities.
The pieces we worked on remained consistent with our constitutional goals, promoting the musical heritage of Persian-speaking communities while embracing the contributions of other world music traditions.
The board of trustees ensured all major decisions were unanimous, relying heavily on input from class attendees and participants in our activities. These consultations often inspired creative initiatives, such as planning small group sessions during the week at members’ home.
By distributing tasks broadly, we encouraged widespread participation within the foundation. This approach not only created a sense of belonging but also empowered individuals to take ownership of their contributions. With many members actively involved, the foundation thrived, benefiting from diverse skills and viewpoints. At the same time, participants gained valuable experience and strengthened their ability to work collaboratively.
The financial report for this period is attached. The RAVA charity’s account remains with CAF Bank, and all expenditures required the signatures of two authorised trustees.
During this year, we did not receive any funding from external institutions. All expenses were covered through tuition fees from students and concert ticket sales.
Mehrdad Minoukadeh Chair of Trustees
RAVA Music Foundation.
Appendix A Our accounts for the period April 2023 to March 2024. Appendix B Some images reflecting our activities during the financial year.
Appendix A
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] MARCH 2024
FOR RAVA Music Foundation
REGISTERED CHARITY NUMBER 1172810
RAVA Music Foundation Statement of Financial Activities Year Ended 31 March 2024
| 2024 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| £ | £ | £ £ |
£ £ |
|
| INCOME SOURCES | ||||
| Grant | 0.00 | 0.00 | 0.00 | 9,910.00 |
| Donations | 0.00 | 0.00 | 220.00 | 279.00 |
| Interest | 14.60 | 14.90 | 0.00 | |
| Sales | 3,902.16 | 0.00 | 3,942.00 | |
| Students Payments | 4,357.00 | 4,648.15 | 4,197.00 | |
| 8,273.76 | 4,883.05 | 18,328.00 | ||
| EXPENDITURE | ||||
| Bank Charges | 60.00 | 177.78 | 121.00 | |
| Class Exp | 270.37 | 344.87 | 706.00 | |
| Computer Consumables & IT expensed | 400.37 | 355.42 | 251.00 | |
| Concert Exp | 200.00 | 0.00 | 2,305.00 | |
| Equipment Expensed | 0.00 | 213.94 | 237.00 | |
| Insurance | 322.24 | 212.45 | 212.00 | |
| Meeting Exp | 67.15 | 41.45 | 0.00 | |
| Professional Fee | 250.00 | 150.00 | 0.00 | |
| Rent | 4,671.40 | 1,275.00 | 3,855.00 | |
| Adverting | 0.00 | 0.00 | 0.00 | |
| Printing,Postage&Stationery | 170.46 | 0.00 | 145.00 | |
| Sundries | 0.00 | 0.00 | 0.00 | |
| Musician Dancer | 2,080.00 | |||
| Teaching and Tutorials | 0.00 | 7,025.00 | 1,120.00 | |
| Telephone and fax | 0.00 | 0.00 | 0.00 | |
| Travel and subsistence | 305.00 | 288.00 | 636.00 | |
| 8,796.99 | 10,083.91 | 9,588.00 | ||
| Loss/Net Profit | -523.23 | -5,200.86 | 8,740.00 |
RAVA Music Foundation
Balance Sheet
As at 31st March 2024
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| CURRENT ASSETS | ||||||
| Debtors and prepayments | ||||||
| CAF BANK | ||||||
| Current Account | 7,266.89 | 7,790.00 | 12,990.00 | |||
| Deposit Account | 0.00 | 0.00 | 0.00 | |||
| Cash in hand | 7,266.89 | 7,790.00 | 12,990.00 | |||
| CURRENT LIABILITIES | ||||||
| Accruals & Creditors | ||||||
| Loan advanced | ||||||
| 0.00 | 0.00 | 0.00 | ||||
| NET CURRENT ASSETS | 7,266.89 | 7,790.12 | 12,990.00 | |||
| NET ASSETS | 7,266.89 | 7,790.12 | 12,990.00 | |||
| FINANCED BY : | ||||||
| Balance brought forward | 7,790.12 | 12,990.98 | 4,250.00 | |||
| Net Profit For the Year | -523.23 | -5,200.86 | 8,740.00 | |||
| 7,266.89 | 7,790.12 | 12,990.00 |
RAVA Music Foundation
Notes to the Accounts
Year Ended 31st March 2024
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice on Accounting by Charities.
Income
Income represents Grant, donations, functions, and Sale of Tickets. All income is accounted for on a receipt basis. The income and surplus are attributable to the one principal activity of the Charity.
2 STAFF COSTS
No remuneration was paid or is payable in the year, directly or indirectly, out of the funds of the Charity, to any Trustee or to a person or persons connected with any of them. No reimbursement of expenses has been made or is due to be made to any of the Trustees in respect of the year.
3 RECONCILIATION OF MOVEMENTS IN RESERVES
| Opening reserves Surplus/Deficit for the financial year Closing reserves |
2024 7,790.00 -523.00 7,267.00 |
2023 £ 12,990.00 -5,200.00 7,790.00 |
2022 £ 4,250.00 8,740.00 |
|---|---|---|---|
| 12,990.00 |
Farzaneh Heidari - Treasurer
Approved by the 31/01/2025 Trustees
endix B May 2023 August 2023
November 2023
December 2023 Pr 111 111 *Jl" i)
Delnavazi 5 (Concert) 13 Janua 2024
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