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|Trustees'|Annual<br>Report||2-6|
|Report of|the Independent|Examiner||
|Statement|ofReceipts and Payments|||
|Statement|ofAssets and Liabllltles|||
|Notes to|the Accounts||10-18|





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|||||Unrestricted<br>Income|Jean Flnzl<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Income|Funds|||
||||||Funds||||
|~ets|||Notes|f|f||||
|Donations<br>and Legacies<br>Income from Charitable||||3,480|||3,480|2,930|
|Activities||||75,722|||75,722|75,285|
|Investment<br>Income||||191|69,922||70,113|62,825|
|Total Receipts||||79 393|69,922||149,315|141,040|
|Costs of Charitable<br>Activities|||5|22,412|49,884||72,096|38,575|
|Support<br>&Governance|Costs||9|6,202|4,656||10,858|17,461|
|3|0111|||29614|54,340||82 954|58,036|
|Assets and Investments||Purchases|||||||
|Investment<br>purchases|||11|||25,000|25,000|90,000|
|Sub||Total||||25000|25 000|90000|
|Total Payments||||28,614|54,340|29,000|107964|146033|
|Net of Receipts I(Payments)<br>Transfer between<br>Funds||||50,779<br>(24,400)|15,582<br>(10)|(25000)<br>24,410|41 361|(4996)|
|Cash Funds Last Year|End|||48,747|68,843|590|117,980|122,976|
|Cash Funds This Year|End|||75,126|84,215||159,341|117980|





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|||||Unrestricted<br>Income|Jean Flnzi<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Income|Funds|||
||||Notes||Funds||||
||||||6||||
|Cash Funds<br>Bank Balances|||12|75,126|84,215||159,341|117,980|
|Total|Cash|Funds||75,126|84215||159,341|117980|
|Investment<br>Assets<br>UK Listed Investments||||||1,592,503|1,592,503|1,567,503|
|||||||1 592 503|1 592 503|1 567 503|
|Liabilities|||||||||
|Grants<br>& Scholarships<br>Payable|||13|6,781|27,250||34,031|41,566|
|Royal Academy|of Music - 5|||||||5,000|
|year Final Scholarship||scheme|||||||
|||||6781|27 250||34031|46 566|





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|2.||Donation|and|Legacies|Legacies||Unrestricted<br>Income|Jean Finzr<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Income|Funds|||
|||||||||Funds||||
|||Donations|||||3,480|||3,480|2,930|
||||||||3480|||3480|2930|
|||income|from|charitable||activities<br>Unrestricted<br>Income||Jean Flnzi<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
||||||||Funds|Income|Funds|||
|||||||||Funds||||
||||||||6|||E||
|||Grants<br>and donations<br>Music publishing<br>and royalties<br>Performing<br>rights|||||11,151<br>23,958<br>40,613|||11,151<br>23,958<br>40,613|30,682<br>44,603|
||||||||75,722|||75,722|75,285|
||4.|Investment||Income|||Unrestricted<br>Income|Jean Flnzl<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
||||||||Funds|Income|Funds|||
|||||||||Funds||||
|||Dividend||||||69,922||69,922<br>191|62,804<br>21|
|||Bank|interest||||191|||||
||||||||191|69 922||70 113|62 825|





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|||||Unrestricted|Jean Flnzl|Expendable|Expendable|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Income|Restricted|Endowment||2023|2022|
|||||Funds|Income||Funds|||
||||||Funds|||||
|||||Notes||||||
||Donations||||||||30|
||Trust projects|||1,200||||1,200|5,000|
||Grants|||11,365|49,684|||61,049|30,125|
||Scholarship|awards||9,847||||9,847|3,420|
|||||22 412|49,684|||72,096|38,575|
|6.|Expenditure|on|Trust|Projects||||||
|||||Unrestricted<br>Income|Jean Fmzl<br>Restricted||Expendable<br>Endowment|Total<br>2023|Total<br>2022|
|||||Funds|Income||Funds|||
||||||Funds|||||
||Royal Academy||of Music - 5year|||||||
||Finzi Scholarship<br>Design Raphael||scheme<br> Ltd-||||||5,000|
||International|Composing||||||||
||Competition|||1,200||||1,200||
|||||1 200||||1 200|5 000|





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|7,|Grants|||Ltnrestrlcted<br>Income<br>Jean Flnzl<br>Restricted|Ltnrestrlcted<br>Income<br>Jean Flnzl<br>Restricted|Expendabie<br>Endowment|Total<br>2023|Total<br>2022|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Income|Funds|||
||||||Fundsf||||
||~Gants||||||||
||General Grants|||||||200|
||Arthur<br>Bliss Society|||||||500|
||Broomdasher<br>Pub to Pulpit Project|||||||5,000|
||Clapton Common Boys Club<br>Coventry<br>Cathedral<br>Chorus|||||||200<br>500|
||David Nunn<br>Havant Orchestra<br>Ludlow Song|||140|4,590||140<br>4,590|300|
||NMC Recordings<br>Orchestras<br>for All<br>Rodolfus<br>Foundation<br>Royal College of Music||||5,000<br>1,000<br>2,500||5,000<br>1,000<br>2,500|5,000<br>1,000<br>2,000|
||Royal Welsh College of Music &<br>Drama||||10,000||10,000<br>100|4,500|
||The Phoenix Voices||||||||
||Trinity Laban Conservatoire<br>& Dance||of Music|240|10,000<br>33090||10,000<br>33330|19200|
||Performance<br>Grants|||||||1,000|
||Alice Yoko All|||||||3,000|
||Armonico||||||800||
||Bird S8,S [Alexander|Bird]||||||2,000|
||Bodleian - Dtgttizattcn<br>Brklgenorth<br>Sinfonia<br>Charles Wood Summer<br>Dartington<br>Hall Trust<br>Dunster<br>Festival<br>English Music Festival<br>Harrogate<br>Competitive<br>Imogen Morgan|of Finzl Letter<br>Festival<br>Festival||250<br>200<br>250|2,000<br>1,000<br>794||250<br>2,000<br>1,000<br>200<br>250<br>794|375<br>500<br>250<br>1,000|
||Laura Moisey Gray<br>Leeds Lieder Ltd<br>Lindsay<br>Clark [Veryan Clark]<br>Little Missedxten<br>Festival<br>Megan Glover<br>Mr AP Brown<br>National<br>Youth Choir of Great Britain<br>Nives Angius<br>250<br>525||||1,000<br>2,000<br>1,500<br>3,000<br>1,000||1,000<br>2,000<br>250<br>1,500<br>525<br>3,000<br>1,000|1,000<br>500|
||Oxford Lieder<br>Oxford Philharmonic<br>Peebles Orchestra<br>Roman<br>River Music<br>sing Finzt Fee<br>Sound arid Music<br>Stockton Concerts|||150<br>1,000<br>8,500|1,000<br>1,000||1,000<br>150<br>1,000<br>8,500<br>1,000|500<br>800|
||The organlsatioh<br>for New <br>Sound [Sound and Music]<br>Thomas Metcalf||Music &<br>11 125||500<br>1,000<br>16694||500<br>1,000<br>27719|10925|
|||||11366|49664||61IO 9|30125|





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|Scholar|ship<br>Awards||||||
|---|---|---|---|---|---|---|
|||Unrestricted<br>Income<br>Funds|Jean Flnzi<br>Restricted<br>Income|Expendable<br>Endowment<br>Funds|Total<br>2023|Total<br>2022|
||||Funds||||
|SD Moorhead||380|||380|3,420|
|Amends|Johnson|2,438|||2,438||
|Monserrat<br>Romero||3,600|||3,600||
|Matteo|Augello|3,429|||3,429||
|||9,847|||9847|3,420|



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|Support<br>&Governan|ce<br>Cos|ts|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Jean Finzl|Expendable|Total|Total|
|||Income|Restricted|Endowment|2023|2022|
|||Funds|Income|Funds|||
||||Funds||||
|Support Costs|||||||
|Secretarial<br>and administration<br>Scholarship,<br>publicity,<br>event||2,007|2,007||4,014|9,454|
|and interview costs||||||774|
|Website and publicity||94|34||128|1,200|
|Telecommmunlcatlons||225|||225|108|
|Sundry costs||30|||30||
|Bank charges||150|||150||
|Legal and professional|fees|414|414||828|1,140|
|||2,920|2,455||5,375|12676|
|Governance<br>Costs|||||||
|Trustees' expenses||1,654|573||2,227|787|
|Trustee<br>indemnity<br>insurance||488|488||978|1,898|
|Independent<br>Examination||1,140|1,140||2,280|2,100|
|||3282|2 201||5,483|4 785|
|Total||6 202|4,656||10,858|17,461|





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|Investments|Unrestricted<br>Income Funds|Jean Finzi<br>Restricted|Expendable<br>Endowment|Total<br>2023|Total<br>2022|
|---|---|---|---|---|---|
|||Income Funds|Funds|||
||6||E|||
|UK Listed Investments<br>Opening<br>balance<br>Additions<br>at cost|||1,567,503<br>25,000|1,567,503<br>25,000|1,477,503<br>90,000|
|Disposals at cost||||||
|Closing balance|||1,592503|1,692,603|1,667,503|
|Market Value as on<br>31st March|||1,536,616|1 538616|1 595 604|





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|Movement<br>in Fu|nd|s||||||
|---|---|---|---|---|---|---|---|
||||Balance as|Receipts|Payments|Transfers|Balance as|
||||on 01.04.22<br>f||f|f|on 31.03.23<br>F|
|Bestric~ted<br>Jean Flnzi Restricted<br>Income Fund<br>Total Restricted<br>Funds|||68,643<br>60,043|59922<br>09,922|~4 340 <br>6434D|~tD<br>~40|04 215<br>84,216|
|end hie E dow<br>e t Funds||||||||
|Jean Flnzi Fund (Restricted)|||590|||(590)||
|Copyright<br>Reserve||Fund (Unrestricted)|||25 000|25 DD~||
|Total Endowment||Funds|590||25,000|24,410||
|~tttl<br>0 7||||||||
|Designated<br>funds:||||||||
|Kenneth<br>Leighton|Fund (Designated)||9,011||||9,011|
|Harold Carter Fund||(Designated)|5244||||5244|
||||14255||||14255|
|General funds|||34,492|79,393|28,614|(24,400)|60,871|
|Total unrestricted||funds|40,747|79,303|20,614|~24400|75,120|
|Total funds|||117,980|'l49,316|107,954||159,34'I|





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|13.|Liabilities||||||2023<br>E|2022<br>E|
|---|---|---|---|---|---|---|---|---|
||~Liab<br>Itie<br>Royal Academy<br>of Music - 5|year Finzi|Scholarship||scheme (2018-2022)|||5,000|
||G a tean<br>s holarshl<br>s<br>Performance<br>grants<br>Veryan<br>Clark<br>Imogen Morgan<br>Aletander<br>Bird<br>Thomas<br>Metcalf<br>Dartlngton<br>Festtvat<br>Bound and Muslo<br>Ozford Philharmonic<br>leeds Lieder<br>Charles Wood Festival|a able|||||1,000|2,000<br>784<br>800<br>1,000<br>1,000<br>500<br>1,000<br>1,000<br>2,000<br>10,100|
||SlngFlnzi, 2021<br>Changing<br>Tunes<br>Noah Max<br>Bridgnorth<br>Slnfonla<br>Little Missenden<br>Festival<br>Coventry<br>Cathedral<br>Chorus<br>Harroga\e<br>Music Festival<br>Ashmansworth<br>Churoh Brochures - production<br>Costs<br>Peebles Orchestra<br>(Clarinet Conoerto)<br>Wharfedale<br>Concerts (Clarinet Concerto)<br>Resonus Classios {Recording Lelghton<br>fk Maconochy|||||Piano Concertos)|2,000<br>2,000<br>250<br>250<br>150<br>500|250<br>250<br>200<br>500<br>250<br>150<br>150<br>500<br>525|
||Adrian<br>Brown<br>Dunster 'Festival|||||||1,000|
||Roman River Festival<br>English<br>Mlusic Festival<br>National<br>Youth Choir GB<br>Emma Ashby<br>Orchestras<br>for All<br>Armonlco<br>Consort||||||3,000<br>150|1,000<br>250<br>5,000|
||COXI-IEAD - Tom<br>Dartlnglon<br>Muelo Summer <br>Ernson -Amber<br>Frozen Light Theatre<br>Gemini Trust|School|||||2,500<br>500<br>250<br>250<br>1,000||
||HAO- ROB||||||1,500||
||Southwell<br>Music Festival||||||2,000||
||Mazlero-Afi<br>- Alice Yoke||||||250||
||Middleton<br>- Rosie||||||250||
||Whlddon<br>Autumn||||||250||
||Ryedale Festival Trust<br>SLATER -TAMMAS||||||1,000<br>3,000||
||Wlnfiekl Gemma||||||800||
||Ludlow Song<br>NMC Recordings<br>fhree Cholrs Festival Gloucester 2023<br>Waist'perry<br>Opera Festival||||||5,000<br>1,500<br>1,000<br>1,500||
||Harding<br>Hannah||||||||
||Scholarship<br>Awards<br>FT Schotbrships<br>Awarded<br>Peter Davis<br>Sara Ascenso<br>Alice Barron|September|2021||||781<br>300<br>100<br>450|8,190<br>300<br>100<br>450<br>2,307|
||Amanda<br>Johnson||||||||
||||||||34031||