Trustees’ Annual Report for the period
From 16/12/19 Period start date To 15/12/20 Period end date
Charity name: Coventry Music Trust
Charity registration number: 1182061 Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 THE OBJECTS OF THE
of the charity as set out
CHARITY ARE TO PROMOTE
in its governing
document MUSIC FOR THE BENEFIT OF
THE PUBLIC, WITH A
PARTICULAR BUT NON-
EXCLUSIVE FOCUS ON
CHILDREN AND YOUNG
PEOPLE, BY IN PARTICULAR
(WITHOUT LIMITATION)
PROMOTING THE
PERFORMANCE, LEARNING,
PRACTICE AND APPRECIATION
OF MUSIC BY THE PEOPLE OF
THE CITY OF COVENTRY AND
THE GENERAL PUBLIC.
Summary of the main Para 1.17 and During this financial period due to the
1.19
activities in relation to Covid pandemic it was difficult to raise
those purposes for the funding through concerts and events
public benefit, in however some activity still took place
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 Yes
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
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
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SORP reference
Due to the ongoing pandemic only 1
fundraising concert event took place –
however many other potential events
Summary of the main were scheduled and cancelled.
Para 1.20
achievements of the
charity, identifying the We have promoted the charity and
difference the charity’s have plans in place for the following 2
work has made to the financial years to raise and spend
circumstances of its funds appropriately.
beneficiaries and any
wider benefits to society
as a whole.
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Additional information (optional)
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
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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 Some funds held ready to support
financial position at the programmes of inclusive music making
end of the period
Statement explaining the Para 1.22 Funding has been held in an account
policy for holding due to the difficulties in supporting
reserves stating why they music provision during the Covid
are held pandemic.
The Charities aims are to generate
income to then be put back into
programmes to support music
education. As there are no
staff/premises expenses reserves will
be kept to a minimum.
Amount of reserves held Para 1.22 £2040
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially Para 1.24 n/a
in deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
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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
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Selected and Appointed
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
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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 Coventry Music Trust
Other name the charity
uses
Registered charity 1182061
number
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Charity’s principal Drapers’ Hall
address Bayley Lane
Coventry
CV15RN
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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 Fleur Sexton Chair 2019-present
2 Mark Steele 2019 – present Coventry Music
3 Geoff Wilcocks 2019 – present
4
5
6
7
8
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 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)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
Charity Name Coventry Music Trust
No (if any) 1182061
Receipts and payments accounts
Period start date Period end date To 12/16/2019 12/15/2020
For the period from
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds
Total funds
to the nearest £
to the nearest £
to the nearest £ to the nearest £
A1 Receipts
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Fundrasing at Coventry Music Concerts 1,203 - - 1,203
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
1,203 - - 1,203
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 1,203 - - 1,203
A3 Payments
- - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ - ] - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments - - - -
Net of receipts/(payments) 1,203 - - 1,203
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 1,203 - - 1,203
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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 | Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ 2,040 - - 3,243 Agreement Error |
OK |
to nearest £ - - - - |
| Unrestricted | Restricted | |||
| funds | funds | |||
| B2 Other monetary assets | Details Non |
to nearest £ - - - - - - |
to nearest £ - - - - - - |
|
| B3 Investment assets | Details Non |
Fund to which asset belongs |
Cost (optional) - - - - - |
|
| B4 Assets retained for the | Details Non |
Fund to which asset belongs |
Cost (optional) - |
|
| charity’s own use | - - - - - - - - |
|||
| B5 Liabilities | Details Non |
Fund to which liability relates |
- - - - - Amount due (optional) |
|
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | ||
| Mark | Steele |
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CC16a
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Last year
to the nearest £
-
-
-
-
Endowment funds
to nearest £ - - - -
OK
Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional)
When due (optional)
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Date of
approval
9/24/2022
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