## **Trustees’ Annual Report for the period** **From 31/01/2024 Period start date To 30/09/2024 Period end date Charity name: Ivor Davies Foundation Sefydliad Ifor Davies** ## **Charity registration number: 1206800** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the education of the public**
**in all aspects of art and artistic**
**excellence through Ivor Davies’ work,**
**art collection and archive in particular,**
**but not exclusively by, its exhibiting,**
**maintaining and storing.**| |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|**1.The Foundation’s planned bequests.**
**Negotiations with the National Library of**
**Wales: following on from a day of**
**meetings, by two trustees, Ivor Davies**
**and Helen Phillips, with the Library’s**
**two chief curators of art, there have**
**been ongoing clarifications about the**
**Foundation’s planned bequests to the**
**National Library, what these will make**
**possible, for the benefit of both future**
**scholars and the public, the range of**
**practical and financial matters involved,**
**and the timescale. On storage, a crucial**
**question for so large a bequest, the two**
**trustees were given a tour during their**
**first visit of the artwork storage facilities**
**at the Library and also information**
**about possible future plans.**
**2. Retrospective exhibition. There was a**
**preliminary visit with the Curator of the**
**Aberystwyth University Art Centre**
**Gallery, in preparation for a**
**retrospective exhibition there, planned**
**for November-December, 2025.**
**(Because of a change of schedule for**
**the touring Artes Mundi exhibition, 2025,**
**this planned exhibition has been moved**
**now to January-March 2026).**
**3. Ivor Davies Prize, 2024. The annual**
**National Eisteddfod Ivor Davies Prize, of**
**£600, was awarded in 2024, as in the**
**past, by Ivor Davies himself. At the time**
**of celebrations, an exhibition and**| |||**lecture, held at the 2023 Eisteddfod, to**
**mark the prize’s twentieth anniversary,**
**there had been discussion, from**
**Eisteddfod organisers, of future**
**eisteddfodau undertaking the cost, but**
**Ivor Davies considered this an**
**unrealistic burden for them. It is agreed**
**instead that from 2025, the Prize should**
**be awarded from the Ivor Davies**
**Foundation, following a planned**
**donation into the Foundation bank**
**account from Ivor Davies. The Prize’s**
**remit, recognising art expressing the**
**spirit of Welsh culture and language, fits**
**with key aims of the Foundation.**
**4. Archive. Further material was**
**received from participants in 1960s art**
**movements and events (the archive is**
**collecting these while participants are**
**alive and able to provide material).**
**Three quite substantial written accounts**
**and one recorded interview were added.**
**Two students visited the Davies and**
**Krikorian archives:**
**Information about Tamara Krikorian’s**
**1970s work was provided to a doctoral**
**student who has since (2025) received a**
**PhD for a thesis centred on Krikorian’s**
**work in relation to the history of women**
**and television.**
**Information was also provided,**
**specifically about the Beca group and**
**its history, to a student beginning work**
**for a PhD at Bangor University on Beca.**
**5. Bank Account. During this period two**
**trustees had discussions, on several**
**occasions, with two banks about**
**application for the Foundation’s bank**
**account. (Subsequent discussions, late**
**2024 to 2025, with, thirdly, the Co-**
**operative bank, in Cardiff and Newport,**
**led the trustees to decide on an**
**application for the account to be with**
**that bank.)**| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Trustees have read the guidance of 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 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|**See above on the activities listed above**
**re plans for retrospective exhibition,**
**2026; the annual Ivor Davies Prize;**
**planned bequest to the National Library;**
**provision of historical information from**
**the Davies and Krikorian archives.**| ## **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|**Sale of quarry at Twyn y Garreg. This,**
**currently the property of Ivor Davies, is**
**planned to provide a donation to the**
**Foundation. During the period of this**
**report Richard Parry undertook**
**extensive negotiations, with**
**HRT land agents, Cowbridge for its sale.**
**Arrangements for the sale are now**| |||**underway and money from the proceeds**
**will become a donation into the**
**Foundation.**| |---|---|---| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern ## **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|| |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 31 January 2024**| |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|| ## **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|Ivor Davies Foundadtion Sefydliad Ifor davies| |---|---| |Other name the charity uses|| |Registered charity number|1206800| |Charity’s principal address|44 Clive Place
Penarth
CF64 1AW| ||| ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Richard Parry|Chair of Trustees||| ||Hamish Sandison|Trustee||| ||Ivor Davies|Trustee||| ||Helen Phillips|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – 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**|Richard Parry|Helen Phillips| |---|---|---| ||Richard Mark Parry|Helen Elizabeth Phillips| ||
Chair|Trustee| ||24.07.25|| ||24.07.25||