Trustees’ Annual Report for the period
From 1 January 2024 to 31 December 2024
Charity name: Islington Festival of Music and Art
Charity registration number:
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Charity’s principal aim is to produce an Annual Summer Festival using various and varied venues throughout the London Borough of Islington |
| 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 4th Annual Festival was held in July 2024. This comprised of 15 events and concerts, over a 3-week period, presenting music, art and photography |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees continue to be mindful of the Festival’s governing document at all times in the lead up to the Festival itself, and were delighted that many of the events were well attended by people under the age of 26, who were granted completely free entry to everything |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | NA |
| Policy on social investment including program related investment |
Para 1.38 | The Festival brings world-class musicians to perform at various locations, and coupled with the modest ticket prices and the under 26 free policy, this successfully underlined and celebrated the Festival’s strong social policy. |
| Contribution made by volunteers |
Para 1.38 | IFMA continues to be blessed with a loyal and energetic group of volunteers of all ages, who support the charity throughout the Festival and other events during the year, to ensure a smooth running of all events and a warm welcome to visitors. |
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 | The Summer Festival of 2024 saw 14 live events over a 3-week period, which was an increase in duration over previous Festivals. Many people attended multiple concerts/events at very reasonable cost (plus all events are free for anyone under 26) and the overall experience and feedback was that this was a wonderful celebration of live music in beautiful locations, where members of the general public were able to listen to a wide variety of musical genres in their local neighbourhood, and participate in the artistic opportunities offered. This enterprise was a new and exciting experience for many people, who expressed their gratitude, and promised their continued support for the future. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
The objective from the creation of the Charity, was to promote, particularly, live music (and art) at a world-class level of performance, and to offer the opportunity for residents in the Borough and further afield to experience top-level music without having to travel a large distance to experience it. As such, the objective was significantly achieved. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | The Annual Fundraising Concert, in order to raise funds for the 2024 Festival, took place in January of this year, and was so well received, that the Trustees have decided to keep this event in January of each year. |
| Investment performance against objectives |
Para 1.41 | NA |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The 2024 Festival raised enough income to support not only the running costs of the Festival, but produced a financial cushion, which enables the Trustees to plan for 2025 and 2026 with a strong amount of confidence and security. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Relatively strong funds are held to enable strong planning for future Festivals and other infrastructural costs. |
| Amount of reserves held | Para 1.22 | £21,000 |
| Reasons for holding zero reserves |
Para 1.22 | NA |
| Details of fund materially in deficit |
Para 1.24 | NA |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | NA |
Additional information (optional)
You may choose to include further statements where relevant about:
Ticket sales, donations, sponsorship The charity’s principal sources of funds (including Para 1.47 any fundraising) none Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
none | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Foundation Charity |
| 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 | New Trustees will be appointed as necessary by a resolution passed at a convened meeting of the Charity’s 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 | |
| Other |
Reference and Administrative details
| Charity name | Islington Festival of Music and Art |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1198568 |
| Charity’s principal address | 4 Witherington Road, London, N5 1PP |
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 (ifany) |
|---|---|---|---|---|
| Mark Johnson | Chair | |||
| Martin André | General Manager | |||
| Joana Ly | Artistic Director | |||
| Frances Hills | Secretary | |||
| AnthonyFoster | Production Manager | |||
– Corporate trustees names of the directors at the date the report was approved Director name NA
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| NA | ||
Funds held as custodian trustees on behalf of others
Description of the assets NA held in this capacity
Name and objects of the NA charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for NA 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) Martin André Full name(s) Martin Paul André Position (eg Secretary, General Manager Chair, etc)
Date
03 June 2025