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2024-09-30-accounts

Trustees’ Annual Report for the period

From 30th September 2023 Period start date To 30th September 2024 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 The object of Penarth Chamber Music
Festival for the public beneft, is 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 festival is an annual 4 day event held in
June/July consisting of around 20 concerts
and talks. The events are mainly classical
chamber music recitals, but include family
concerts and workshops, relaxed concerts
and workshops, young musicians concerts
and masterclasses.
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 had regard to the
guidance issued by the Charity
Commission.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Contribution made by
volunteers
Para 1.38 The festival engages a large body of
volunteers, mainly young people and
students to stage manage and support the
festival events.
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.
This was the festival’s 10th anniversary year
and it was celebrated in various ways.
There were several extra events including
additional morning concerts, a tour round
the Gwendoline and Margaret Davies
impressionist art collection at National
Museum Cardiff, a day of events at
RWCMD and a spectacular Gala Concert.
This concert featured conductor Carlo Rizzi,
soprano Katherine Dain (replacing the
indisposed Rebecca Evans) a new
commission written especially for the
occasion by Huw Watkins, a narration also
written specially by David Pountney and an
outstanding roster of musicians with horn
player Ben Goldscheider and Tenor James
Gilchrist bringing the evening to a close with
Britten Serenade for Tenor, Horn and
Strings. This all attracted a very generous
review in the Guardian.
The other concerts were also very
successful, Crumb’s Black Angels alongside
Beethoven quartets, further works by Huw
Watkins, another world premiere by Judith
Bingham, actor Samuel West performed
Schoenberg Ode to Napoleon, welsh
traditional violinist Patrick Rimes led a
fantastic folk evening, with the programming
underpinned by masterpieces of the
classical chamber music repertoire.
The festival sold more than 1700 tickets
including c.150 to young people. It also
provided workshops in Ty Gwyn and
Meadowbank Special Schools, and at
Albert Primary School. The workshops at Ty
Gwyn and Meadowbank led to attendance
at the Relaxed Concert during the festival.
The children from Albert Primary developed
their own music and stories and performed
alongside the festival musicians at the very
well attended Family Concert. Huw Watkins
and Rob Fokkens led some workshops for
emerging composers, Young Musicians
Showcases were of a very high standard
and Laura Tunbridge and James Lea gave
talks about Beethoven and Schoenberg. All
the events were very well attended and
there was an appropriate buzz to celebrate
the 10th anniversary.
The festival has achieved a huge amount
over the 10 years. The chamber music
scene in Cardiff and Penarth had almost
completely disappeared when it started up
in 2014. Since then the festival has
breathed new life into the arts scene in
South Wales reaching an ever increasing
audience and presenting programmes
exploring the western classical music
tradition whilst showcasing new works and
rarely performed masterpieces.

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

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 September 30 2023 £18407.65
September 30 2024 £13187.40
The year ended 30th September 2024
produced an operating defcit of £5,600.88.
A defcit for the year was budgeted for, to
utilise some of the brought forward
reserves but was higher than budget due to
some extra costs incurred because of short
notice changes in personnel.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The festival hold reserves in order to guard
against risk of potentially volatile audience
numbers in subsequent years
Amount of reserves held Para 1.22 Reserves brought forward into 2023-24
totalled £15,207.27 and with an operating
defcit for the year of £5,600.88 the total
reserves carried forward is £9,606.39. The
bank balance
at 30 September 2024 stood at £13,187.40,
after adjusting for accrued fees and grant
income the balance of £9,606.39 is in line
with the total reserves carried forward. The
2024-25 Festival is budgeted to make an
operating surplus.
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, grant fund raising and a friends
of the festival scheme are the principal
sources of funding.
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 main risks to the charity would be an
unexpected and significant reduction in
ticket income and/or fundraising income

Other

Structure, Governance and Management

Description of charity’s

~~t~~
~~t~~
Type of governing document
(trust deed, royal charter)
Para 1.25 CIO - Foundation
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
Para 1.25 By majority vote of trustees.
~~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
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 Trustee David Adams is joint Artistic
Director of the Festival with his wife Alice
Neary
Trustee Robert Fokkens is engaged as a
composer to deliver composition workshops
for young people.
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
(if any)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Peter
Bellingham
Chair Trustee from
19/1/24
Chair from 14/7/25
Gywn Huw
Davies
Treasurer Trustee from
14/07/25
David Adams Artistic Director
Rob Fokkens
Samantha
Maskrey
Geraint Talfan-
Davis
Sally Bird
Rhys Taylor Chair 17/09/21-14/07/25
Lisa Entwistle-
Evans
Treasurer 17/09/21-14/07/25

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 if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets 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) Position (eg Secretary, Chair, etc)

Date