Penarth Chamber Music Festival Itnthh i'.h*mbcr Mi. Irti Income & Expenditure Ststem8nt October 2021- Septemb&r 2022 TOTAL Iwmè Charity t*)x ¢SJnatk 5,010. 8.920. Grant Programma Trkei saJo8 TfA•i Irwr• 12,708.49 12.43 TOTAL I27￿72.43 Exp•ndrturo8 AthortblWPrtyDolonal 84nk char Caigrinq CornmbBbn f•• ¥h39.10 134.16 1,064.50 ' 176.80 Ffont ol Hou¢• 70.00 405.51 InBurarK•8 Musk hlre Mu6thn10•8 180. 15,434.48 e&3.12 1,032.58 55.19 1,507.50 425. 1.333.C6 57.84 7S.00 •xpon808 travd •xpon8•8 Othc•lG•rwd IAlmlnl8trnJv• Exp•n Pbno movg Pthi Tunlrs Prlntlr•, Posiagg and Statknwry Shwt Mu8 Tr￿n￿r V•nu• Hlr NET OPERATING INCOME £2,4￿.59 E2N34.59 NET INC¢)MEIIEXPEN0￿uREl Esw G￿up 0fcrthp￿KS Registra1￿ nurtw Y)774&5 Re9islered office.. Vhya Hwse 7 Hwt*rt Terr￿. Pfj￿rtb CF84 ## **Trustees’ Annual Report for the period** **From 17/09/2021 Period start date To 30/09/2022 Period end date** **Charity name: Penarth Chamber Music Festival** ## **Charity registration number: 1195835** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance education in, and raise**
**public appreciation of music and other**
**arts, principally through, but not limited**
**to the delivery of an annual festival,**
**concerts, performances and workshops**| |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|**The charity delivered its annual festival**
**June 23-26 2022 including 13 events and**
**5 workshops in local primary and special**
**schools. There was also launch concert**
**on April 6th.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have understood 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 Para 1.38 Policy on grant making ||||**The festival visited Ty Gwyn and**|| |---|---|---|---|---| |||Para 1.38|**Meadowbank special schools to give**|| ||Policy on social investment||**short workshops to the children. The**|| ||including program related||**children were very engaged and we**|| ||investment||**received excellent complimentary**|| ||||**feedback from the schools. Some of**|| ||||**these children also attended our Relaxed**|| ||||**Concert along with several other**|| ||||**audience members with special needs.**|| ||||**We had 60 people in the audience for**|| ||||**this event.**|| ||||**We also held workshops in Albert and**|| ||||**Evenlode Primary Schools which**|| ||||**enabled them to be involved in a creative**|| ||||**writing project and composition and**|| ||||**performance in the Family Concert.**|| ||||**These were led by Lenny Sayers who**|| ||||**also received excellent feedback from**|| ||||**the schools. Attendance at the Family**|| ||||**Concert during the festival was also**|| ||||**better than previous years.**|| ||||**There were 15 volunteers who help the**|| |||Para 1.38|**running of the concerts and events**|| ||Contribution made by||**during the festival. Mostly young people**|| ||volunteers||**including music students from RWCMD**|| ||||**and Cardiff University enabling them to**|| ||||**gain experience of concert promotion**|| ||||**and delivery.**|| ||Other|||| |**Achievements and Performance**||||| |||SORP reference||| ||||**Aside from the work in the schools and**|| ||||**special schools the charity brings chamber**|| ||||**music concerts of the highest artistic integrity**|| ||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|Para 1.20|**to the audience in Penarth and the**
**surrounding area. The Vale of Glamorgan and**
**Cardiff had relatively little provision for this**
**form of music making until the festival started**
**in 2014. Now the concerts are sold out with**
**approximately 1300 tickets sold over the 4-day**
**festival. We aim to keep the programming**
**unique and challenging and the artists of the**|| ||whole.||**highest calibre, mixing our fantastic local**|| ||||**musicians with musicians from further afield.**|| ||||**We attract an audience of mixed age range**|| ||||**with around 15% of our audience being under**|| ||||**25 (encouraged by our free ticket scheme for**|| ||||**8-25 yr olds, sponsored by Cavatina Chamber**|| ||||**Music Trust).**|| ||||**Our work during the pandemic of bringing live**|| ||||**music into people’s homes through our live**|| ||||**streamed concerts provided an extremely**|| ||||**beneficial lifeline.**|| ## **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|**Our fundraising was better than**
**expected with the phase 3 cultural**
**recovery fund being very helpful and our**
**new charitable status enabled us to**
**apply to some local grant giving trusts.**| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**We finished the period with a small**
**reserve £2,434.59 (9.5% of turnover).**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**As we are reliant on ticket sales and**
**grant applications for our income it is**
**crucial we hold a small reserve.**| |Amount of reserves held|Para 1.22|**c.£6,000**| |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|**Ticket sales £12,708**
**Donations £5483**
**Grants £8920**
**Advertisements £890**| |---|---|---| |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|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**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|**Invitation by trustees**| ## **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|**New trustees are required to read the**
**safeguarding and privacy policies, as**
**well as minutes of the charity meetings**
**for the previous 2 years.**| |---|---|---| |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|| |Other||| ## **Reference and Administrative details** |Charity name|Penarth Chamber Music Festival| |---|---| |Other name the charity uses|| |Registered charity number|1195835| Charity’s principal address 26 Clive Place, Penarth, CF64 1AY ## **Names of the charity trustees who manage the charity** ||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
| |---|---|---|---|---| |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|Rhys Taylor|Chair||~~**(if any)**~~| ||Lisa Entwistle-
Evans|Treasurer||| ||Robert Fokkens|||| ||Geraint Talfan
Davies|||| ||Samantha
Maskrey|||| ||Catherine
Porteus|||| ||Sally Ann Bird|||| ||David Adams|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity Trustee name Dates acted rf not for whole year ## **Funds held as custodian trustees on behalf of others** Description of the assets NIL held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for 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 Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **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)** David Adams **Position (eg** Trustee **Secretary, Chair, etc)** **Date** 25/7/23