## **Trustees’ Annual Report for the period**
**From 06/04/22 Period start date To 05/04/23 Period end date**
## **Charity name: Multitrack**
## **Charity registration number: 1191498**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The promotion of equality and diversity and
the promotion of social inclusion amongst
those who are socially excluded due to
being members of a socially and
economically deprived community, in audio,
radio, podcasting and associated audio
production by:
A) the elimination of discrimination on the
grounds of race or disability,
B) advancing education and raising
awareness in equality and diversity;
C) promoting activities to foster
understanding between people from
diverse backgrounds; and
D) cultivating a sentiment in favour of
equality and diversity.|
|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|
Our main activity is running the Multitrack
Fellowship, a scheme for aspiring audio
producers from groups that are
under-represented in the audio industry.
The core of the fellowship takes place over
a 10 week period and includes:
●
Two months paid work placements
with audio production companies or
platforms (usually a month each at
two companies)
●
Practical training sessions which
fellows attend together as a group,
taught by industry experts (one day
a week for ten weeks)
●
Networking opportunities
●
A chance to compete for a paid
commission for a national platform,
after the completion of the
fellowship.|
|||The Fellowship impacts many people
beyond the Fellows themselves. We work
closely with the host companies to ensure
they follow our Multitrack code of practice
and provide opportunities for them to share
ideas and seek advice on how to improve
their workplaces. Individual staff members
and other industry professionals are invited
to join our team of volunteers, which helps
facilitate the initiative and spread the
Multitrack ethos.
In addition to the Fellowship we organise
events open to all, where people from all
levels, including industry leaders and
aspiring newcomers can discuss their
experiences, and increase understanding
of the barriers to entering and thriving in
the profession.
We maintain an active website and social
media presence, where we regularly share
job offers, training and networking
opportunities and aim to make the industry
more accessible. And we have appeared at
industry events and on discussion
platforms to advocate for greater inclusion
in the industry.
We also host an active WhatsApp group for
alumni of the Fellowship to share work and
training opportunities, advice and support.
Our work to create a fairer and more
inclusive industry benefits everyone at all
levels of the workforce. And the general
public benefits from a more diverse pool of
producers, making content for a wider
audience.|
|---|---|---|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|All our Trustees receive a guidance pack,
that includes a document on public benefit,
which can be readhere.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference **N/A** Para 1.38 Policy on grant making **N/A** Para 1.38 Policy on social investment including program related investment
||||
|---|---|---|
|Contribution made by
volunteers|Para 1.38|Multitrack could not function without its
volunteers. In addition to the unpaid
management team (more details below),
we also have a pool of volunteers from
within the audio industry.
These are some of the ways in which they
contribute to Multitrack:
**Shortlisting for the Fellowship**:
volunteers from the host companies and
wider industry help assess applications
against strict criteria
**Training**: a team of volunteers design the
curriculum and learning outcomes, liaise
with host companies on training design and
delivery, and act as training coordinators on
the training days
**Outreach**: making sure our activities and
resources are publicised in the right places
for our target audience, across the country.
Making links with community groups who
can spread the word to potential
beneficiaries, and with companies who can
provide placements or training.
**Ambassadors**: volunteers across the
country who act as Multitrack
representatives in their region.
**Fundraising**: spotting opportunities and
helping with applications
**Events**: helping plan, organise and run
specific events
**Social media & Communications**:
designing flyers, helping to manage our
Twitter and Instagram feeds, writing press
releases etc|
|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|**Expanding the Fellowship- geography**
**and Participation**
As we approached our third year of the
fellowship, we made a concerted effort to
widen our reach to both host organisations
and fellowship candidates.
In the timeframe of this report, we
increased the number of host companies
providing a Fellowship project by 42%, with
23% increase in host companies located
outside of London and the South East.
Our ability to reach and attract candidates
from our beneficiary demographic was
evidenced in the Fellowship Application
statics. Of those applying for the scheme;
-44% were outside London
-49% identified as being disadvantaged
because of their
race (compared to 13% of UK are Black,
Asian and Minority
Ethnic)
-60% identified as being from a
working-class background
-54% were disabled or had a long term
health condition
(compared to 20% UK population)
Almost 9% of applicants were transgender
15% had caring responsibilities
The majority (63%) had only voluntary
experience in audio
production
Candidates selected for the Fellowship
were from as far afield as Bristol,
Manchester, Glasgow and Aberdeen, and
that meant finding companies in those
areas that could offer paid placements.
That involved a great deal of outreach, and
due diligence to ensure the companies
were able to offer suitable training and
support, adhering to our values, and within
their own work capacity. In this year we
had host companies in Edinburgh,
Manchester, Salford and Bristol, as well as
London.|
Having a broader range of candidates both in terms of geography and participation, meant more challenges in terms of getting the Fellows together in the same room for training, socialising and networking opportunities. We successfully achieved this on a number of occasions, meeting both in London and Manchester. **Feedback From Fellows:** At the close of the Fellowship we gather feedback about the experience from both Fellows and Companies by which we evaluate our performance. The results from both groups were exceptionally positive- for example; We asked Fellows: ‘To what extent do you think being a Multitrack Fellow will help progress your audio career?’ 100% responded ‘A great deal’ We received qualitative feedback about our impact such as; _‘I can navigate this industry better now that I know the things I know thanks to multitrack’ 'Through Multitrack, I made connections and got work experience I can depend on to push my career forward'_ **Industry Feedback:** Multitrack aims to foster understanding of inclusion within the industry and also surveys host companies to measure feedback against these aims. Some examples of qualitative statements we received; _‘I think having (a fellow who is a wheelchair user) has opened my eyes to accessibility issues and also to inclusive studios in London. I have a far better understanding about challenges in our industry around access’ ‘Participating in this year's Fellowship has concentrated our minds as a company; it's important for us to continue evolving, learning and maturing and it's really valuable to have the scheme as a clear and firm marker each year’_
_‘it was rewarding and gave us a new perspective on our work and industry’_ **Volunteers: New Steering Team Members** Bigger ambitions have created a need for a bigger team, and we have recruited three excellent new volunteers, with a wide range of skills to join our Steering Team.
## **Additional information (optional)**
You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41|We succeeded in making progress against
our aims to expand the geographic reach of
the fellowship, participation numbers,
increase volunteers, launch new website
(see statistics as evidence in Para 1.20)|
|Performance of fundraising
activities against objectives
set|Para 1.41|Funding from Administration fees increased
generating additional income.
A ‘call out for donations’ to support an
event celebrating the end of the fellowship
raised over £900 from the industry
Continued funding for admin support is
secured in this financial year (but funds are
delivered in the next)|
|Investment performance
against objectives|Para 1.41|
**N/A**|
|Other|||
||||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity is in a good financial position at
the year end, holding reserves to cover
salary and running costs for the coming
months whilst we await an approved (but
yet to be delivered) donation from Audible
that will fund ongoing core operational
costs|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|These funds are necessary to cover wages
and running costs whilst additional funding
is sought|
|Amount of reserves held|Para 1.22|**£5442**|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **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|The Fellowship is supported by an
administration fee charged to all Host
Companies (who offer work placements to
fellows)|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**|
|A description of the principal
risks facing the charity|Para 1.46|Volunteer resource & potential for burnout
Reliable ongoing funding and ability to retain
and hire staff
Ways of working/organisational structure|
|Other|||
||||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Foundation model constitution|
|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|Apart from the first charity trustees, every
trustee must be
appointed for a term of 2 years by a
resolution passed at a properly convened
meeting of the charity trustees.
In selecting individuals for appointment as
charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.|
## **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|Each new trustee receives a trustee pack
which includes information about their roles
and responsibilities such as;
-Charitable Purposes
-Organisational History
- Charity Commission Guide-CICs
The Essential Trustee
-Financial Summary|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|Subject to review in the forthcoming year.|
|Relationship with any related
parties|Para 1.51||
|Other|||
||||
## **Reference and Administrative details**
|Charity name|Multitrack|
|---|---|
|
Other name the charity uses||
|Registered charity number|1191498|
|||||
|---|---|---|---|
||Charity’s principal address|Studio 53b||
|||Hackney Downs Studios||
|||Amhurst Terrace||
|||London||
|||E8 2BT||
|||||
|||||
## **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**
**(if any)**|
|---|---|---|---|
||Arlie Adlington|||
||Joby Waldman|||
||Lisa Hack|||
||Deborah Dudgeon|||
||Nicole Logan|||
||Amy Turton|||
||Leanne Alie|||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
|||||
– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|
|---|---|---|---|
||N/A|||
|||||
|||||
|||||
|**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**
N/A
## **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)** Joseph Waldman **Position (eg** Trustee **Secretary, Chair, etc) Date** 30/01/2024
|**Charity Name**|**No (if any)**|
|---|---|
|**Receipts and payments accounts**||
**CC16a**
**For the period** 06/04/22 05/04/23 **To from Section A Receipts and payments Unrestricted Endowment Restricted funds Total funds Last year funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Receipts**
|Donations, legacies and grants|||**-**|**982-**|||**-**|**--**|||**-**|**--**|||**-**|**982-**|||**-**|**--**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Fees for charitable services (Fellowship Adminis|||**-**|**15,000-**|||**-**|**--**|||**-**|**--**|||**-**|**15,000-**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||**-**|**15,982-**|||**-**|**--**|||**-**|**--**|||**-**|**15,982-**|||**-**|**15,500-**||
|**_Sub total_**_(Gross income for AR)_||||||||||||||||||||||
|||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**A2 Asset and investment sales,**||||||||||||||||||||||
|**(see table).**||||||||||||||||||||||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||||||
||||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
||**_Sub total_**||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**|||**-**|**--**||
|||||||||||||||||||||||
||**_Total receipts_ **||**-**|**15,982-**|||**-**|**--**|||**-**|**--**|||**-**|**15,982-**|||**-**|**15,500-**||
|**A3 Payments**||||||||||||||||||||||
|Cost of fundraising consultant|||**-**|**250-**|||**-**|**--**|||**-**|**--**|||**-**|**250-**|||**-**|**--**||
|Wages / salaries|||**-**|**10,832-**|||**-**|**--**|||**-**|**--**|||**-**|**10,832-**|||**-**|**--**||
|Fellowship Expenses (fellows travel,|||**-**|**11,425-**|||**-**|**--**|||**-**|**--**|||**-**|**11,425-**|||**-**|**--**||
|f|&|||||||||||||||||||||
CCXX R1 accounts (SS)
1/30/2024
1
|Telephone, internet and IT supscriptions (Zoom
|**-**
**411-**||**-**
**--**||**-**
**--**||**-**
**411-**||**-**
**--**|
|---|---|---|---|---|---|---|---|---|---|
|)
Bank interest and charges|**-**
**67-**||**-**
**--**||**-**
**--**||**-**
**67-**||**-**
**--**|
|Volunteer Expenses|**-**
**126-**||**-**
**--**||**-**
**--**||**-**
**126-**||**-**
**--**|
|Consultancy|**-**
**75-**||**-**
**--**||**-**
**--**||**-**
**75-**||**-**
**--**|
|Independant Examination of Accounts|**-**
**300-**|||||||||
|Photography|**-**
**150-**|||||||||
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
|**_Sub total_ **|**-**
**23,636-**||**-**
**--**||**-**
**--**||**-**
**23,636-**||**-**
**5,188-**|
|||||||||||
|**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_ **|**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|||
|||||||||||
||**-**
**23,636-**||**-**
**--**||**-**
**--**||**-**
**23,636-**||**-**
**5,188-**|
|||||||||||
||**-**
**7,654-**||**-**
**--**||**-**
**--**||**-**
**7,654-**||**-**
**10,312-**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**||**-**
**--**|
||**-**
**7,654-**||**-**
**--**||**-**
**--**||**-**
**7,654-**||**-**
**13,096-**|
|||||||||||
|**Section B Statement of assets and liabilities at the end of the period**||||||||||
|**Categories**
**B1 Cash funds**|**Details**
This figure is what was in account at the close
of the year (as we had reserves carried over||||**Unrestricted**
**funds**
**to nearest £**
**-**
**--**
**-**
**--**
**-**
**--**||**Restricted funds**
**to nearest £**
**-**
**--**
**-**
**--**
**-**
**--**||**Endowment**
**funds**
**to nearest £**|
||||||**-**
**--**||**-**
**--**||**-**
**--**|
||||||**-**
**--**||**-**
**--**||**-**
**--**|
||This figure is what was in account at the close
of the year (as we had reserves carried over||||**-**
**--**||**-**
**--**||**-**
**--**|
||
**_Total cash funds_**||||**-**
**5,442-**||**-**
**--**||**-**
**--**|
## **Section B Statement of assets and liabilities at the end of the period**
|||||||**Unrestricted**|||**Restricted funds**|**Restricted funds**||||**Endowment**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Categories**|**Details**||||**funds**||||||||**funds**||
|||||||**to nearest £**||||**to nearest £**||||**to nearest £**||
|**B1**|**Cash funds**||||**-**|**--**|||**-**|**--**|||**-**|**--**||
||||||**-**|**--**|||**-**|**--**|||**-**|**--**||
|||This figure is what was in account at the close
of the year (as we had reserves carried over|||**-**|**--**|||**-**|**--**|||**-**|**--**||
|||**_Total cash funds_**|||**-**|**5,442-**|||**-**|**--**|||**-**|**--**||
CCXX R2 accounts (SS)
1/30/2024
2
|**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**|(agree balances with receipts and payments account
(s))
**Details**|Agreement Error|OK|OK|
|---|---|---|---|---|
|||**Unrestricted**
**funds**
**to nearest £**|**Restricted funds**
**to nearest £**|**Endowment**
**funds**
**to nearest £**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||**-**
**--**|**-**
**--**|**-**
**--**|
|||||**Current value**
**(optional)**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**-**
**--**|
|||||**Current value**|
||**Details**|
**belongs**|**Cost (optional)**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**|
**(optional)**|
||||**-**
**--**|**-**
**--**|
||||**-**
**--**|**-**
**--**|
||||**-**
**--**|**-**
**--**|
||||**-**
**--**|**-**
**--**|
||||**-**
**--**|**-**
**--**|
||||**-**
**--**|**-**
**--**|
CCXX R3 accounts (SS)
1/30/2024
3
|||||||**-**|**--**||**-**|**--**|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||**-**|**--**||**-**|**--**|
|||||||**-**|**--**||**-**|**--**|
|||||**Fund to which**||**Amount due**||||**When due**|
||**Details**|||**liability relates**||**(optional)**||||**(optional)**|
|||||||**-**|**--**||||
|||||||**-**|**--**||||
|||||||**-**|**--**||||
|||||||**-**|**--**||||
|||||||**-**|**--**||||
|||Signature||Print|Name||||Date of approval||
|||#VALUE!||Matthew||Coates|||24/01/2024||
|||||Lisa|Hack||||||
|||||||||||26/01/2024|
## **B5 Liabilities**
Signed by one or two trustees on behalf of all the trustees
CCXX R4 accounts (SS)
1/30/2024
4