Trustees’ Annual Report for the period
From 06.04.2021 Period start date To 05.05.2022 Period end date
Charity name: Forward 4 Wiz Trust
Charity registration number: 1172936
Objectives and Activities
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SORP reference
Summary of the Para 1.17 1) to advance in life and help
purposes of the charity young people, in particular, but
as set out in its not limited to those who have
governing document an interest in music through:
(a) providing recreational and leisure
time activities, provided in the
interest of social welfare, designed
to improve their conditions of life.
(b) Providing support and activities
which develop their skills,
capacities and capabilities to
enable them to participate in
society as mature and responsible
individuals.
2) The relief of musicians who are in
need or hardship by provision of
instruments or other related
resources, facilities and support.
Summary of the main Para 1.17 and Creative mentorship program of
1.19
activities in relation to projects designed to develop skills,
those purposes for the capacities and capabilities.
public benefit, in Curation projects to develop and
particular, the activities, increase participation, and develop
projects or services skills, capacities and capabilities in
identified in the the interest of social welfare.
accounts. Outreach program of events to
provide activities to develop skills and
increase participation within the arts.
Hardship funding for the relief of
unforeseen circumstances.
‘Gear Exchange’ to regime unwanted
musical equipment with those less
able to access equipment necessary
for the furtherance of skills, capacities
and capabilities.
Statement confirming Para 1.18 The trustees have complied with their
whether the trustees duty to have due regard to the
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have had regard to the Charity Commission’s public benefit guidance issued by the guidance when exercising any powers Charity Commission on and duties to which the guidance is public benefit relevant. Contribution made by others: In kind contribution by volunteers is invaluable our cause and has allowed F4Wt to grow aspirations of activity to achieve objectives.
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SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
SORP reference The start of the financial year 202122 began still being seriously affected by the ongoing Covid 19 pandemic. Venues and live music were still under strict guidelines or complete lockdown, with no certainty or security to allow for in-person activity. Instead F4Wt concentrated its programme on delivery that had certainty and harnessed to growing popularity and ease for online accessibility, despite a digital fatigue that began to spread after so many months in lockdown.
Our creative mentoring continued
with the Pay It 4ward masterclasses that ran every few weeks until the summer, encompassing a range of subject matter within the music industry and connecting aspiring musicians, sound designers and producers with industry professionals. The digital nature of the delivery served to increase participation outside of the Rushmoor area and encouraged ongoing participation in charity activities and future volunteering. In April 2021 F4Wt proudly accepted a donation by the charitable arm of NovaCyt, a firm that had earned record profits developing covid tests and was paying this back to the community. Mikey Riley, a previous mentee of F4Wt was working for NovaCyt during the pandemic and made the nomination. The donation was significant and would allow financial recovery and investment in charitable activity once restrictions would allow. F4Wt began a collaboration with Waveform Ravedorm, and online peer platform created by staff and students on the music courses at University of the Creative Arts during the pandemic. The collaborative online event saw participation from experienced musicians both within the UK and Berlin, whilst engaging a new audience of academic students and those that had attended the Pay It 4ward masterclasses. F4Wt and Waveform are continuing to plan and develop a relationship to support peer guidance and collaboration on digital platforms for the future. During this time F4Wt started work planning a structure and business model for such a peer network in a physical platform; the creation of an arts focused creative space of visual art, craft practitioners alongside F4Wt project spaces, performance and recording spaces and art-based corporate partners. This ‘hub’ remains in planning due to resources and key stakeholders aligning for the suitable property and leadership team.
Independent Venues Week offered
funding for a standalone Sound Check Session, which F4Wt was pleased to host at Aldershot’s West End Centre. This online session featured local bands and focussed on stage craft, technical set up and sound engineering. It was felt at evaluation that future sessions need to be inperson events to encourage participation and understanding. As covid restrictions began to lift throughout the summer of 2021, F4Wt remained on digital platforms to ensure the delivery of planned mentoring, advice sessions and online music-focused peer meets such as Waveform and Who Covers Wins, a group of Mega City Four fans and supporters of F4Wt who share common love of MC4 songs. A t’shirt range of new designs celebrating live music was launched in early autumn as music venues started to reopen. These proved popular and were a valuable income source. A live programme launched as soon as restrictions allowed, with ModCaf restarting in October 2021 at Aldershot’s West End Centre and later Jasta11 Promotions co-promoted a show at Alton’s Lounge Bar in December 2021 showcasing some of F4Wt’s more recent artists. The turnout of customers was much larger than anticipated and welcomed despite ongoing nervousness and uncertainty after the pandemic. F4Wt used this time to begin planning a ground breaking and innovative project involving impulse responses to build an audio catalogue of acoustic maps. Planned for 2022-23, the foundations were laid quickly and stakeholders involved early on for this forthcoming exciting project. An Arts Council National Lottery Project funding application took several months to put together and was submitted shortly before the end of the financial year.
F4Wt’s last outreach activity for 202122 was the annual Industry day at Aldershot’s West End Centre during
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Independent Venues Week 2022. The
day consisted of panel discussions, 1-
2-1 advice sessions, a sound check
session, information and experience
surrounding live music venue staffing
and management, a networking
period and a popular demonstration
pf the technical behind the
forthcoming Collecting Pl4ces
acoustic mapping. This event was
attended by local colleges, 6 [th] forms
and organisations, promoting the
music industry to those aged 16-19
years.
F4Wt continues to work with
stakeholder organisations and local
government to develop the arts offer,
Summary of the main particularly within Rushmoor going
Para 1.20
achievements of the forward. Several major developments
charity, identifying the within Farnborough and Aldershot
difference the charity’s now feature art-specific spaces for the
work has made to the community, whilst Rushmoor Borough
circumstances of its Council levelling up bid includes an
beneficiaries and any art and community space due to the
wider benefits to society campaigning by F4Wt. If achieved this
as a whole. can only serve to promote the arts
and participation within a community
that struggles financially and due to
sociocultural pressures.
Although F4Wt’s main focus over
previous years has been to increase
technical capabilities within those we
mentor, due to the restrictions of the
pandemic, we have found that
activities have shifted to a more
collaborative approach, encouraging
peer to peer support. This has built a
collaborative and understanding
community with F4Wt at the heart.
Those that directly benefited from the
sessions as explained above reach
into the hundreds, with an age range
from 13 through to 50+ years. This
community encourages new members
all the time and has started to pick up
pace to pressure for change and
increased resourcing locally, with
F4Wt leading the way.
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| Achievements against objectives set |
Para 1.41 |
|---|---|
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Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 Despite the ongoing pressures of the
financial position at the pandemic, NovaCyt’s generous
end of the period donation will ensure delivery of
mentoring, development of digital
platforms and innovative projects
going forward into the next financial
year and beyond. This major funding
also ensures that F4Wt has the
necessary resources to be able to
apply for significant Arts Council
funding which requires match
funding. The financial position also
ensures we can pay those that
contribute services rather than relying
on volunteer professionals for
delivery.
Statement explaining Para 1.22 The trustees will keep reserves held
the policy for holding and the reserves policy under review.
reserves stating why Trustees will also monitor the level of
they are held reserves held throughout the year. In
this way the trustees will be aware of
the build up of excess reserves or
reserves being unexpectedly or
rapidly depleted. Trustees will
exercise their power to hold income
reserves only if it is considered
necessary to do so in the charity’s
best interests.
Amount of reserves held Para 1.22 32419GBP
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 0
in deficit
Explanation of any Para 1.23 none
uncertainties about the
charity continuing as a
going concern
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You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
Para 1.46 A description of the principal risks facing the charity Other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 CIO Foundation Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Recommendation to post by
methods including trustees, volunteers or
details of any beneficiaries. Selected by
constitutional provisions professional skill set, charitable
e.g. election to post or need and involvement in
name of any person or community.
body entitled to appoint
one or more trustees
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You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name Forward 4 Wiz Trust
Other name the charity F4Wt
uses
Registered charity 1172936
number
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| Charity’s principal address |
219 Lynchford Road, Farnborough, Hants, GU14 6HF | ||
|---|---|---|---|
Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Karina Fraser Chair Trustee
2 Rauf Jordan
3 Lawrence Arnold
4 James Armstrong
5 Elizabeth Arnold
6 Gerald Bryant
7 Simone Hotten
8 Daniel Brown
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others
Description of the assets none held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Signature(s) Rauf Jordan Full name(s) Karina Fraser Position (eg Chair Secretary, Chair, etc)
Date 23.01.23
Forward 4 Wiz Trust 1172936
Receipts and payments accounts
06.04.2021 05.04.2022
For the period from
To
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Grants and Donations (natural) 10,474 - 10,474
Fundraising Activity (natural) 260 - - 260
Activity for Generting Funds (activity) 2,208 - - 2,208
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 12,942 12,942
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total [ - ] - - -
Total receipts 12,942 - - 12,942
A3 Payments
Grants and Donations (natural) - - - -
Insurance (natural) - 306 - 306
Postage, Supplies etc (natural) 27 - - 27
Fundraising Costs (activity) 50 - - 50
Charitable Activity (activity) 2,275 - - 2,275
- - - -
- - - -
- - - -
- - - -
Sub total 2,352 306 - 2,658
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - -
Total payments 2,352 306 - 2,658
Net of receipts/(payments) 10,590 - 306 - 10,284
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 10,590 - 306 - 10,284
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Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| Categories | Details | funds | funds | |
| B1 Cash funds | Community Account Paypal Petty Cash Total cash funds |
to nearest £ 28,887 904 32 29,823 |
to nearest £ 500 - - 500 |
|
| (agree balances with receipts and payments account(s)) |
Agreement Error | Agreement Error | ||
| Unrestricted | Restricted | |||
| funds | funds | |||
| B2 Other monetary assets | Details | to nearest £ - - - - - - |
to nearest £ - - - - - - |
|
| B3 Investment assets | Details | Fund to which asset belongs |
Cost (optional) - - - - - |
|
| B4 Assets retained for the | Details | Fund to which asset belongs |
Cost (optional) - |
|
| charity’s own use | - - - - - - - - |
|||
| Fund to which | Amount due | |||
| B5 Liabilities | Details | liability relates | - - - - - (optional) |
|
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | ||
| Karina Fraser Rauf Jordan |
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CC16a
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Last year
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to the nearest £
1,368
-
1,481
-
-
-
-
-
2,849
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2,849
1,000 294 282 - 122 - - - - 1,698
1,698 1,151 - - 1,151
Endowment funds to nearest £ 10 - - 10 Agreement Error Endowment funds to nearest £ - - - - - -
Current value (optional) - - - - -
Current value (optional) - - - - - - - - - When due (optional)
Date of approval 23.01.23 23.01.23