Trustees’ Annual Report for the period
From 1 Jan 2020 Period start date to 31 December 2020 Period end date
Charity name: Regent’s Park Music Festival Charitable Fund
Charity registration number:1183773
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Due to the Pandemic restrictions the charity was unable to carry out its principle activity of free concerts in Regent’s Park |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Trustees have taken note of the guidance issued by the Charity Commission on public benefit |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference No grants were made Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment None due to Pandemic Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Unable to carry out activities due to Pandemic |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of theperiod |
Para 1.21 | A surplus of £3517 was achieved at the end of the financial year |
|---|---|---|
| Statement explaining the policy for holding reserves statingwhytheyare held |
Para 1.22 | Reserves are held for future festivals |
| Amount of reserves held | Para 1.22 | £3517 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | In 2020 all concerts were cancelled under instructions from The Royal Parks. Reserves will be carried forward to 2021 when it is hoped that concerts can be organised,and donations made |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | The inability to arrange concerts due to Royal Parks decisions relating to Covid-19 or other major events causing cancellation of the use of the Bandstand |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed,royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association,CIO) |
Para 1.25 | CIO |
| Trustee selection 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 |
Para 1.25 | Initial trustees appointed for 3 years |
Additional information (optional)
You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | The summer festival is dependent on permission from The Royal Parks Charitable Trust |
| Other |
Reference and Administrative details
| Charityname | Regent’s Park Music Festival Charitable Fund |
|---|---|
| Other name the charity uses | none |
| Registered charity number | 1183773 |
34 York Terrace East London NW1 4PT
Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Richard Mark Elliott | Trustee | |||
| Richard Portnoy | Trustee | |||
| John Michael Appell |
Trustee | 1/1/20 to 1/11/20 | ||
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | **Dates acted if not for whole year ** | |
|---|---|---|
| N/A | ||
| Funds held as custodian trustees on behalf of others | ||
| Description of the assets held in this capacity |
N/A | |
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A | |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
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 |
||
|---|---|---|
| Richard Mark Elliott | ||
Chair |
||
| 30thOctober 2020 | ||
| 30thOctober 2020 |
| Regent's Park Music Festival Charitable Fund | Regent's Park Music Festival Charitable Fund | Regent's Park Music Festival Charitable Fund | 1183773 | ||
|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||||
| For the period from |
Period start date 1-Apr-20 |
To | Period end date 31-Mar-21 |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - 150 71 - 221 - - - 221 - 221 - - - 221 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - 150 71 - - - - - - - 221 - - - 221 - 221 |
Last year to the nearest £ |
|
| Donation Income | 14,554 | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
- | 14,554 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 14,554 | ||||||
| Website Backup | 150 | - | ||||
| Website Registration | 71 | - | ||||
| Donations | 3,500 | |||||
| Insurance | 370 | |||||
| Consultants | 330 | |||||
| Printing,Postage & Computer Supplies | 461 | |||||
| Cost of RunningEvents | 5,968 | |||||
| Website Maintenance | 187 | |||||
| - | - | |||||
| **Sub total ** | 221 | 10,816 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 10,816 | ||||||
| - 221 | - | - | - 221 | 3,738 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - 221 | - | - | - 221 | 3,738 |
CCXX R1 accounts (SS)
10/30/2021
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Bank Account Details Details Details Signature Richard Portnoy |
Unrestricted funds Restricted funds to nearest £ to nearest £ 3,517 - - - - - 3,517 - Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Richard Portnoy |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Richard Portnoy | Richard Portnoy | 30/10/2021 | |
CCXX R2 accounts (SS)
10/30/2021
2