2021-07-31-accounts - The Judy Blame Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	Day	Month	Year		Day	Month	Year
From	01	August	2020	To	31	July	2021

Section A Reference and administration details

Charity name The Judy Blame Charitable Trust

Other names charity is known by Trust Judy Blame (working name) Registered charity number (if any) 1184541

Charity's principal address 9 Grafton Mews London Postcode W1T 5HZ

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	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Jennifer Elizabeth Forestell
	David Alvin Rolfe
	Stephanie Joy Nash
	Robert William Barnes CBE

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

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
Accountants	Dales Evans & Co Ltd	88/90 Baker Street, London, W1U 6TQ
Independent Examiner	Geoffrey Frost	Blue Spire Limited, Cawley Priory, South Pallant, Chichester, West Sussex, PO19 1SY

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Trust deed dated 22 July 2019 Type of governing document

(eg. trust deed, constitution)

Trust How the charity is constituted

(eg. trust, association, company)

Trustees are appointed by resolution of the trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the charity are to advance public education in and appreciation of the arts by:

a) providing access to the artistic work of the late Judy Blame;
b) providing development support, mentoring, scholarships and financial assistance to emerging designers and artists.

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

In furtherance of the charity’s objects for the public benefit the trustees shall provide grants. In determining the charity’s activities the trustees have had regard to the Charity Commission’s guidance on public benefit.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Section D Achievements and performance

Summary of the main
achievements of the charity
during the year

The Trustees and other collaborators have continued to foster and
monitor the steady interest in Judy Blame’s archive of work. All archived
items have been catalogued and where items are borrowed for use in
photo shoots and other activities, they have been logged in and out and
recorded. With a continued log of archive loans, the Trust is able to
measure the interest in Judy Blame’s work. The Trust has discussed
sending the PDF catalogue of archived items to stylists to further promote
the contents and ensure that Judy’s legacy is ongoing.
Loans of archived items include the following:
●Self Service magazine Dior Special shoot styled by Lydia
Simpson and photographed by Dougie Irvine
●Pop + Arena H shoot photographed by Suffo Moncloa
●i-D Magazine shoot styled by Max Clark and photographed by
Ben Weller
●Album shoot styled by Angharad Merrey and photographed by
Chris Fergusson
●Luncheon
Magazine
shoot
styled
by
Edie
Ashley
and
photographed by Zanne Chaudry
●Numero Berlin shoot styled by Nick Royal and photographed by
Simon Thiselton
●HERO magazine shoot photographed by Leonardo Veloce
●Cloakroom magazine shoot styled by Tamara Rothstein and
photographed by Ben Toms
●Next Generation book shoot styled by Kimi O’Neill and
photographed by Jamie Morgan
The Trust has been working to establish insurance cover for all of Judy
Blame’s artefacts and artworks. The items need to be valued before the
insurance can be put in place, but this is a key consideration for the Trust
moving forward in order to preserve Judy’s archive of works for many
years to come.
i-D magazine, for which Judy was a regular contributor, continues to
publish retrospectives and other articles about Judy and his legacy. The
magazine also included a tribute to Judy written by Juergen Teller and
Kim Jones in its 40th anniversary issue published in October 2020.
Kim Jones and Christian Dior Couture licensed and developed a
collection using Judy’s work as one of its influences. In addition to an
advance from the licensing agreement of €200,000. The funds were
received into Trust Judy Blame Trading Limited which was set up to work
in partnership with the Trust and facilitate the easy transfer of funds with
£122,712 passed to the charity in the year.
A reprint of the Judy Blame memorial t-shirt was completed to serve as
an additional source of income for the Trust.
The Trust received a proposal from Michael Kopelman on behalf of
Gimme Five/Gimme 5–a London-based streetwear distribution
company. A licensing agreement for the use of some of Judy’s work is in
the process of being drafted in order to finalise the terms of the
agreement.
The Trust continues to work with the Sarabande Foundation, which is an
influential and well-established charitable trust operating in a similar

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Section D Achievements and erformance p sphere to the Judy Blame Charitable Trust. Sarabande has offered operational advice and support, and the partnership will help over the coming months while the Trust continues to establish itself. The Trust has employed a part-time administrator on a freelance basis to help support Trustees and collaborators with day-to-day organisational tasks. This role aims to establish and develop procedures to help make the running of the Trust as smooth and efficient as possible. There are multiple parties interested in creating a book to help honour and cement Judy’s legacy and impact on the world of fashion and art. Kim Jones will be offered first refusal to create a book about Judy and his work, and the Trust continues to explore avenues for publication. The Trust has made the archive and images available to Kevin Hegge, a Canadian filmmaker currently working on a feature-length documentary about the ’80’s underground fashion. With some financial support, the Trust could be credited as an Executive Producer and the Trust logo would be shown on the finished film. The Trust continues to be committed to helping students, artists, and emerging talent with financial and educational support. The Trust has been in ongoing talks with Susan Telford and Thea Stevens at the Glasgow School of Art and is keen to offer support to its students where possible, although the details of this relationship are yet to be determined. After the year-end: In October 2021, the Trust sponsored two sessions of SketchSesh – a freeform life drawing programme for 14-19 year olds looking to build their portfolios. The Trust intends to continue to support other SketchSesh initiatives after the success and positive feedback received from these initial sessions. A Fanzine will also be produced from these sessions, providing an excellent PR opportunity for the Trust and further avenues to continue to collaborate with initiatives that are in line with the Trust’s vision and purpose. Since January of 2022, the Trust has started to take donations with every loan of an archived item. This will help as a source of income so that the Trust can continue to participate in initiatives like SketchSesh and help to support students like those at the Glasgow School of Art. The Trust has now assumed a portion of the responsibility for storage costs of Judy’s artefacts and work, and was able to refund the costs incurred by previous donors that had kindly initially covered them.

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Section E Financial review

Brief statement of the

At the end of the reporting period the charity had free reserves amounting to £118,503 (2020: £2,490).

charity’s policy on reserves

The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies, and risks.

Details of any funds materially

in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s)[Jennifer Forestell ] Position (eg Secretary, Chair, etc) Date 24/2/2022

TAR

March 2012

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

	Charity Name The Judy Blame Charitable Trust	Charity Name The Judy Blame Charitable Trust	Charity Name The Judy Blame Charitable Trust	No (if any) 1184541	CC16a
	For the period from	Period start date 01 August 2020	To	Period end date 31 July2021

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ - - - 2,176 122,712 - - - 124,888 - - - 124,888 7,320 1,537 - 18 - - - - - - 8,875 - - - 8,875 116,013 - 2,490 118,503	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ - - - 2,176 122,712 - - - 124,888 - - - 124,888 7,320 1,537 - 18 - - - - - - 8,875 - - - 8,875 116,013	Last year to the nearest £
Legacies	-				1,368
Donations	-				15,776
Income from bank interest	-				31
Costs recovered from subsidiary	2,176				-
Investment income	122,712				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	124,888				17,175

A2 Asset and investment sales, (see table).
	-				-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					17,175

Accountancyfees	7,320				8,067
Insurance	1,537				1,273
Travel expenses	-				244
Bank charges	18				45
Legal fees	-				2,880
Costs of subsidiarytradingcompany	-				2,176
	-				-
	-				-
	-				-
	-				-
**Sub total **	8,875				14,685

A4 Asset and investment purchases, (see table)
Investmentpurchases	-				-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					14,685

	116,013	-	-	116,013	2,490
	-	-	-	-	-
	2,490	-	-	2,490	-
	118,503	-	-	118,503	2,490

CCXX R7 accounts (SS)

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	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 B4 Assets retained for the charity’s own use B3 Investment assets B2 Other monetary assets B1 Cash funds	Signature Accountancy fees Examination fees Details Details Details Details (agree balances with receipts and payments account(s)) Details Current account *Total cash funds*	Unrestricted funds Restricted funds to nearest £ to nearest £ 118,503 - - - - - 118,503 - OK 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) Unrestricted - Unrestricted 1,260 - - - Print Name Jennifer Forestell	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Jennifer Forestell	24/2/2022

CCXX R8 accounts (SS)

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be Unrestricted income funds are available for use at the discretion of the trustees in furtherance of the general stated on analysis of funds worksheets) objectives of the charity and which have not been designated for other purposes. C2 Grants to institutions Recipient - 1 grant unless annotated £ - C3 Related party transactions No trustee received any remuneration nor reimbursed any expenses in the year under review. C4 Donated goods and services

CCXX R9 accounts (SS)

DocuSign Envelope ID: 4E5E46A3-B1B7-4311-A4AF-15A75F022413

Independent Examiner's Report to the Trustees of The Judy Blame Charitable Trust

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2021 as set out on pages 7 to 9.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

02 March 2022

Geoffrey Frost BSc(Hons) FCA Date Blue Spire Limited Cawley Priory South Pallant Chichester West Sussex PO19 1SY