Pete Handley Percussion Award Report and Financial Statements Year ending; 5 April 2024 Charity Number; 1186223
Reference and administrative information
Trustees
Lester Handley (Chair)
Jackie Kendle
Charlotte Harding
Principal office
10 Kiln Lane, Petersfield, GU31 5SG
Bankers
Lloyds Bank PLC. 25 Gresham Street, London. EC2V 7HN
Charity no
1186223
Report of the Trustees 6[th] April 2023 to year ending 5[th] April 2024
The trustees present their annual report and financial statements of the charity for the year ending 5[th] April 2024.
Structure Governance and management.
The Pete Handley Percussion Award was established as an independent charity on 19[th] November 2019. It is structured as a Charitable Incorporated Organisation.
We appointed three trustees.
| We appointed three trustees. | |
|---|---|
| Trustee | Appointed until |
| Charlotte Harding. | November 2025 |
| Lester Handley. | November 2026 |
| Jackie Kendle nee Brewer | November 2024 |
Nb. Trustees are re-elected for a three-year term.
Lester Handley – A retired Civil Engineer and the father of the late Pete Handley.
Jackie Kendle – A professional percussionist and a specialist in music education.
Charlotte Harding – Musician and established composer.
Objectives and achievements.
Our aims for 23/24 were to continue to reach out through the network of music teachers to encourage them to approach us where they identify developing musical talent and financial need then we can commence granting awards under the terms of the constitution. While this aim is correct, we have struggled to achieve that this during the first half of the year. As we go forward, we intend to use social media more to reach out to the needy. However, the current economic crisis in the country has resulted in the public having less disposable income to support charities.
We have allocated funds of £2062.34 for grant applications which are well advanced but didn’t quite close within the financial year.
Our PHPA Adams xylophone remain fully committed to free loans to music students to enable them to reinforce and extend their learning at home. Our Vibraphone we decided to sell as its octave range was a bit limiting to be used as a tuition instrument. The asset from the sale is incorporated into the income in the accounts.
Financial statement
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Accounts for Year 2023-2024
Income
Opening balance 6 [th] April 2023 £2988.05
Donations and gift aid recovery £1050.00
managed by Just Giving (See note
ii)
Direct Donations £50.00
Donations earned from Amazon £21.00
purchases
TOTAL INCOME FOR YEAR £1121.00
Out goings
Overheads.
-Website domain charges £111.54
Expenses £0
Grants awarded £0 (See note i)
TOTAL OUTGOING FOR YEAR £111.54
Closing balance 5 [th] April 2024 £3997.51
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Notes for accounts
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i) Allocated funds for grants in progress £2062.34 ii) Includes sale of Vibraphone which had been on free loan to students, but limited octave range was making it not really suitable for tuition.
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iii) Google donate their website services for free.
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iv) Trustees covered the costs of their own incidental expenses.