Charity registrntlon number.. 1182588 Katie Bradford Arts Trust Annual Report and Flnanclal Statements for the Year Ended 30 June 2025 Fldd Sullivan Llmited 9 Hare & Billet Road London SE3 ORB Katie Bradford Arts Trust Contents Reference and Admlnistrative Deta115 Trustees, Report 2toS Independerrt Exarniner's Report Statsrnent of Flnanclal A¢￿VitIeS Balance Sheet Notes to the Flnancial statements 9t015 Katie Bradford Arts Trust Reference and Administrative Detalls Ka￿e Bradford Trustees Katie Bradford Timothy Dutton Josephlne Hilton Evelyn Smith Charity Rewstration Nurnber 1182588 Pyintipal OffKe Flat 1, 61 St Martin's Lane London WC2N 4JS Independent Examiner Fi@Id Sullivan Limited 9 Hare & BillEt Road London SE3 ORB Solkltors Russell-cooke LLP 8 Bedford Row London WCIR 48X 8anker5 CAF Bank Ltd 25 Kings Hill Aventse Klngs Hill West Malling Kent ME19 4JQ Page I Katie Bradford Arts Trust Trustees, Report The Trustees present thelr annual report and financial ststements of the charity for the year ended 30 June 2025. Strurturn Governance and Mana ment The charity is an unlncorporated grant mèklng tnjst constituted and governed by a Trust Deed dated 8 February 2019. Itwas reglstered as a charity on 21 March 2019. It Was estsblished by Initial gifts from Katle Bradford. The charitydoes not activety fundrdi5e. The charrty was set up by 4 Inltlal trustees. who have all continued in that role through the year. The Trustees adminlster the charity under the terms of the trust, and In accordance wlth stotute and guldante. All trustees glve their tlme wlthout charge, and no trustee remuneration was paid during the year. There rnust be at least 3 trustee5 from time to time. An initial trustee is to hold office untll they cease to be trustee for one of the reasons in the Trust Deed. Thereafter. a further trustee is to be appoTrnted as the Trust Deed pro¥ides. by a re501ution of the trustees at a special rneetlng: in *lectlng persons to be trustee, the trustees are to have regard to the skills, knowledge and expeTien¢e needed for the effective admlni5tration of the charity. Ob" and Artl¥ttie5 The object of the charity as set out In tts governlng document is. for the publi¢ benefit to advance culture and the performance arts, particularly but not excluslvely by providing grants In support of theatre and opera. The Trustees have discussed approprlatè criterla for grants and thi5 process continues, wfth a written polrcy on grant rnaklng under developrnent. The Trustees confirm they rÈfer to the guidance contained in the Charity Commission's general guidance on publit benefit when revlewing the ¢harit¢s alms and otriectlves. In plannlng future actlvtties and setting the grant maklng policy for the year. Lhlevements and Performance The first grants pard by the Trust were 2020. In the year covered by this Report, th¢ Trustee5 revlewed the 8rants made and the art5 Charitles which have been supported by the Trust. They approved the general policv d approath to grant making which had developed over the previous 5 year5. They acknowledged the opportunlty presented by an increased donation to the charlty to increase the nurnber of the grants rn￿e. and the total disbursed In grants. They decided that whi15t they would review each grant every year, in princlple they would contlnue this policy and approach for 3 to 5 years. The Trustees approved and paid grants to 16 charities to support the performlng arts. The Trustees progressed Management, regulatory and admlni5trative tasks so that the charity properly carried out objects. The majority of grants approved contlnued to be in pursuance of the established policy to form longer tern) relationships with those tharitle5 to which giants were given. The grants paid in the year were to the following charltées.. the Connections programme of the Royal Nat￿nal Theatre which commissions new short plays and supports schools and youth theatre companies across the V.K. to present them locall¥. Page 2 Katie Bradford Arts Trust Trustees. Report Icontlnued) the Shakespeare Nation programme of the Royal Shakespeare Cornpany whSch 15 3 cornmunity partltipation programme run by the RSC and partner theatres around the U.K.. aimed at engaging people who have little tsr no experience of Shakespeare, either as a theatrtrgoer or perfornier. Clean BrÈak Theètre Company which is a women's theatre company, using theatre to keep the subject of womÈn in prlson on the cultural radar, through Workshops. support aFxI productions, both online and tourlng the U.K. Streetwise Opera whkh is a national opera company that enabFes people who have experienced homelessnets to find inspiration and empowerment, supporting pèrticipants to develop a5 creatlve people. and £hanging how Society vlews homelessness • Interact Stroke Support whrch uses professional actors to delNer a stlmulating varlety of readfjng rnatÈrial selerted to sult the needs of a stroke patient. within 18 hospitals and over 50 stroke Clubs atr055 the country Graeae Theatre Company which seeks to chanEe theatre and place Deaf. drsabled and neurodwergent actots, wrrters and direttors centre 5tsge and challenge the perCePt￿nS of theatregoers Fringe Futures Wgrk-ln-progress Fest￿al part of the Plea5ance Futures Artlsts Development programme whirh showcases early stage new work from diverse theatre makers across the UK. Ardent8 programme run by Ardent Theatre Company whlch is a series of workshops and performante to support eady career actors from working clas5 backgrounds outside London. Musit of Life which sUPPOrts children and young people with a disability or speclal needs to actess and beneftl from musical engagement. Armonlco Consort throu8h their programme Memory Singers communlty choirs supporting people with dementla and their carers. Royal Ballet and Opera through the Create & Sing programme within theiv RBO Schoo15 programme * PèpatanEo Theatre Company which supports the next generation of playwrights especially those who may lack pathways Into theatre. through free training. performance and publlcatron, bursaries and seed hjnding. Hidden Spire at the Old Fire Stat40n Oxford. a prolect whlch brlngs together peoplÈ eKperieniTng homelessness or frdcing dr5advantage. with professional artlsts to create work, and sUPPOrt the disadvantaged to express themsefves creatNely. butld relat10115hlps and develop prartical skill& • Tara Arts through thelr natlonal development programme. South Asian Emerging Talent. English Nailonal Opera through their Flnish This programme for primary and Send schools to wpports teachers and pupi15to compose an opera. The English stage Company (Royal Court Theatre) for theSr New Dlrector< Pr8ramme to support theatre dlrertOTS With insights and mentorln& assistant dlrector roles and financial support. Page 3 Katie Bradford Arts Trust Trustees, Report Icontinued) FinJnci81 Review As at 30 June 2025, the charity had £98,Z27 cash In banL £33.(X14 on medium temi deposits and £21X) in premium bonds. It received a further donatlon durlng the year. There is no commitment to further donatlons but the Trustees have been informed that donatlons are likely to be made in future Years. Aware of the finanelal pressures on many charities in the performing arts sertor after the COVID-19 pandernlc and with high inflatlon and the cost of livlng increases In the year under report, the Trustees considered the appropriate P051tion of the charSty on grant giving and reserve& They decided to Increase the number and total value of grants durlng the year.. the Trustèe5 confirmed their decrsion that it was not appropriate to give gRnts for existentlal or life and death causes. or to assist or enable 3 rocipient financially to survwe short terni. The Trustee5 declded that applications to support or progress work to be performed. in person before an audience or by video, including the 5UPPOrt of artists. technlcal staff and activities ancillary to or leading toward5 perfDrmance of Such work. would be cot)sidered on their merits but was not the current focus o* the Trust.- the Trust would rarely S¢FPPOrt Fndividual artists or students, or venues or companies working towards a productlon or season of productions. The Trustees decided that particular consideratlon would be given to pplltations from charities whlth encouraged participation in the performance arts by those often remote, disengaged or excluded from them. They also took into account whether the work of the applicant charity had purely local. or a wider national effect. preferriftg th* latter. The Trustèes agreed ènd paid grants to 16 tharltles which met those ¢￿terIa, as listed in the sectlon Achlevements and Performance. The Trustees decided it wa5 appropriate to reduce reserves now the level of grant-maklng had been decided rn princlple for the next 3 to 5 year5. Consistent with continuin8 policy, they considered that reserves could be fairly modest, but they considered it appropriate, in the continulng challenglng circumstances for the performance arts, to keep the position under revrew. Interest rates available on rnedium terrn deposits were starting to fall through the year ènd the Trustees