Trustees’ Annual Report for the period
From 23 May 2024 To 31 December 2024
Charity name: 23Arts International
Charity registration number: 1208366
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The advancement of the art of classical music and jazz for the public benefit by the provision of grants of financial assistance which enable students, young graduates and emerging artists from across the world to pursue their musical education in the UK and elsewhere in preparation for entry into careers as professional artists, in addition to providing them with professional performance opportunities. |
| 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 |
23Arts International has been registered and is in the process of registering for Gift Aid and building a network of donors. It has yet to become fully operational in this financial year. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In preparing to make 23Arts International operational, the trustees have continued to follow and rely on the Charity Commission’s guidance 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 | 23Arts International has been registered and is in the process of registering for Gift Aid and building a network of donors. It has yet to become fully operational in this financial year. |
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 | 23Arts International has been registered and is in the process of registering for Gift Aid and building a network of donors. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | 23Arts International did not have any reserves for this financial year. |
| Amount of reserves held | Para 1.22 | None. |
| Reasons for holding zero reserves |
Para 1.22 | A strategy is being put in place to build up reserves. |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
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 |
| 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 | Appointed by existing 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 | 23Arts International |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1208366 |
| Charity’s principal address | 4 Higher Thorn Close Braunton Devon EX33 2FD |
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) |
|---|---|---|---|---|
| Katie Euna Nutt | ||||
| Candice Louise Diana Wood |
||||
| Joanne Meng Tsui Ooi |
||||
– 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 N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Accountant | Cat Williams (Westcotts LLP) |
47 Boutport Street, Barnstaple, Devon EX31 1SQ |
| Charity Contact and Administrator |
Francis-Christian Parham | 116/1 St Stephen Street, Edinburgh EH3 5AD |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
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 |
||
|---|---|---|
| Katie Euna Nutt | Candice Louise Diana Wood | |
Trustee |
Trustee | |
| 26.10.2025 | ||
| 26.10.2025 |
| 23Arts International | 23Arts International | 23Arts International | 23Arts International | 23Arts International | 1208366 | 1208366 | 1208366 | CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
23-May-24 | To | 31-Dec-24 | ||||||
| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
||||
| 500 | - | - | 500 | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
500 |
- | - | 500 | - | ||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | - | |||||
| Sub total | - | - | - | - | - | ||||
| Total receipts A3 Payments |
|||||||||
| - | |||||||||
| Administration and Accounts | 360 | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| **Sub total ** | 360 | - | |||||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | |||||||||
| - | |||||||||
| Sub total Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
- | - | |||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Section B Statement of assets and | liabilities at | the end of the period | |||||||
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details | Unrestricted funds to nearest £ - - - - Agreement Error Unrestricted funds to nearest £ |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ |
Endowment funds to nearest £ |
|||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| OK | |||||||||
| Endowment funds to nearest £ |
|||||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| Details Details |
Fund to which asset belongs Fund to which asset belongs |
Cost (optional) - - - - - Cost (optional) |
Current value (optional) |
||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Current value (optional) |
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| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Details Signature ~~1~~ |
Fund to which liability relates Amount due (optional) - - - - - Print Name Katie Euna Nutt Candice Louise Diana Wood |
When due (optional) |
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| Date of approval |
|||||||||
| 26/10/2025 | |||||||||
| 26/10/2025 | |||||||||
CCXX R1 accounts (SS)
26/10/2025
| **MONTH & YEAR ** | INCOMING | DATE | FUNDER | OUTGOING | DATE | RECIPIENT | NARRATIVE | BALANCE | INVOICE NO. |
|---|---|---|---|---|---|---|---|---|---|
| May-24 | £0.00 | ||||||||
| £500.00 | 16/07/2024 | Mascarade Opera Limited | Unrestricted donation | £500.00 | |||||
| 16/07/2024 | £360.00 | 16/07/2024 | Westcotts LLP | Charityregistration and accountingassistance | £140.00 | 561394/230145 | |||
| Year end | £500.00 | £360.00 | £140.00 |