Trustees’ Annual Report for the period
Period start date 30/03/2023 Period end date 29/03/2024
Charity name: Janus Music Foundation
Charity registration number: 1199651
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are to advance the art of music, in particular contemporary and classical music, and to educate the public in such music in England for the public benefit. This is accomplished by providing encouragement, financial support and education to the composition, arrangement, publication and public performance of contemporary and classical music and by providing educational material to the public in relation to contemporary and classical music. |
| 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 aim of the charity is to support composers and musicians in the creation of new music. This is achieved by commissioning composers to write music and providing performance opportunities for the work to be heard. The public benefit of the charity is realised through the charity’s ambition to create new and meaningful musical experiences which the public can enjoy and appreciate. During 2023 the charity commissioned a new double bass concerto written by composer Ian Stephens. The 23-24 accounts represent the income and expenditure from performance of the concerto which took place in April 2023. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees are aware of the requirement to ensure that all activity undertaken by the charity needs to provide public benefit. I can confirm the Trustees have regard for this guidance. |
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 Para 1.38 Contribution made by volunteers 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 | During the accounting period the charity held its first event which was a performance in London, of the new double bass concerto. Aside from the £8,000 grant for the cost of the commission paid to the composer during the previous account period, the charity raised £3,039 from private donations and £3,867 of revenue from the event itself. This money went towards the event running costs which included musician fees and venue hire. This performance was a success and attended by over 200 people. The concerto has since been performed by another orchestra and we are hopeful of further performances in the future. |
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 | At the end of the accounting period the charity had cash reserves of £1,432. The full amount was unrestricted. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity does not have significant recurring or committed expenditure and does not hold reserves. |
| Amount of reserves held | Para 1.22 | Nill |
| Reasons for holding zero reserves |
Para 1.22 | The charity does not have significant recurring or committed expenditure. There is no reasonably foreseeable liability which it would be necessary to meet from reserves. |
| 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 | None |
Additional information (optional) You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including Para 1.47 any fundraising) 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: |
||
|---|---|---|
| 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 | Appointment for a term of three years by resolution at a meeting of the existing trustees. Individuals selected with regard to the skills, knowledge and experience needed for the effective administration of the charity. |
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 | The charity is associated with Janus Ensemble Ltd which provides organisational support relevant to the professional activity of the ensemble, including the recording and performance of music. There are specific opportunities where the company and charity cooperate but only be where the project aligns with the charity objectives. The company directors serve as linked Trustees to the charity, and inform the independent trustees of any potential cooperation, or possible conflicts of interest. The relationship between Janus Music Foundation and Janus Ensemble Ltd is set out in a company/charity protocol which was submitted to the Commission as part of the charity’s application for registration. |
| Other |
Reference and Administrative details
| Charity name | Janus Music Foundation |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1199651 |
| Charity’s principal address | 2 Ingram Rd London N2 9QA |
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) |
|---|---|---|---|---|
| Michael Coleby | 2023-2024(wholeyear) | |||
| Dominic Howells | 2023-2024(wholeyear) | |||
| Rosie Purdie | 2023-2024(wholeyear) | |||
| Edward Abedian | 2023-2024(wholeyear) | |||
| Charlotte Amherst | 2023-2024(wholeyear) | |||
– 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 |
||
|---|---|---|
| Michael Coleby | ||
Chair |
||
| 14/01/2025 | ||
| 14/01/2025 |