ANN DRIVER TRUST
Charity Number: 801898
TRUSTEES, ANNUAL REPORT
And
ACCOUNTS FOR THE YEAR ENDED
30 JUNE 2022

ANN DRIVER TRUST
THE TRUSTEES, REPORT FOR THE YEAR ENDED
30 JUNE 2022
The Tn￿tee5 hve ple￿J[e in pt¢sentin8 their report for the year.
History #nd ba¢kgrouDd to ¢h¢ ch#rlty
The Ann Driver Tnjsl is a registered charity. number 801898. and was founded in June 1989 in m¢mory of
Ann Driver MBE, ￿￿91clan and broadt&ster, who died in 1985. The charity is govemed by the Trust Deed .
dated 12 June 1989, as amended on 3 F¢lw 2022.
She became a -hoLLsehold' name in the 1930's through her BBC Mwic and Movemeni programmes for
young ¢hildren. based on her own interpretalion of Dalcroze Eurhythmies. She gllso ¢ontributed music and
nurs¢ry rhymesto the"Listen wirh Al01he￿ series. She studied under Emile Jacques-D81croze at the Institut
Jacques-Dalcroze in G¢n¢va an¢£ together with her sister. she travelld throughout Europe demonstratin8
the Dai¢roze method of I￿¢hing music through movement.
Ann Driver WLS a prolific ¢omix)ser and a 8ifted improviser. In addition to u)mwsing. she took a particular
intere51 in teachin8 music tts tslented children and she had sevcrdl l)ooks published on her work with
children. She was a150 interested in the other arts and 8ove generO￿51Y of her time and money to support
youn8 ￿0P1¢ embarking on an artistic career. Sh¢ was matried to the po¢t Trevor Blakernore.
Considering her deep ¢on¢ern and commitmeni io the musical education of the youn& it was de¢id¢d that
the Trust should b¢ used to advance the edueation of y¢Mth in the arts with special empha$i$ on music.
Grdnts are made to musical organisations and io nominated Speciall￿ $¢hools and college¥ to b¢ awarded
lo students sel¢d¢d by these organisaiions. Ex 8rnti8 payments are occasionally m3(k in cases of
exceptional hJrd5hip. The Tn￿ does noi m8ke loans forthe pur¢hL4e of musical instruments; it ossisls only
students studyin8 in the UK.
The ¢hgrity reviewed and UF¥Jated its Conslltution with administrative change& eff¢¢tive from 3 February
2022.
Presidettt
Th¢ President of our ¢hority is Julian Lloyd Webber OBE
Trnsttts
The present Tru￿¢¢$ who served thro￿ th¢ year
Rob¢rt Pritchett (Chainnan)
'rim Wakeley
Al8sdair Tait
Kathleen Dunc4n OBE
Sophia Rahman
Ni¢018 Gaine5-Arnii1¥8¢
The Truslees meet re8ularly throughout the year and decide which appli¢ation5 frorn institutions best
meet the aims of the charity and merit becoming bEneficiaries. New Trustees are appointed by the existing
TnL￿ee$ as a body.
Admlnistrativ¢ managtme*t det*ib
Secretary to the T￿L￿ee5.
& Principal office
Neary
Atm Driver Tn￿t
26 Fitzroy Squ8re
London WIT6BT

ANN DRIVER TRUST
The Trustees, Report { continued )
Admltti4trative #Dd m*o*gement d¢taib ( e0ntIn￿¢d)
Prirtcipal Bankers:
CAF Bank Limit￿1
25 Kings Hill Avenue.
Kings Hill, W¢st Mailin&
K¢nt ME19 4JQ
Investment Managers:
J. M. Finn& Co
4 Coleman Stree(
London EC2R STA
tndependen¢ Examiner..
A.K. Skinner FCA
Gr¢¢n Hayes
Forest Road
Pyrford
Wokin¥
Surrey GU22 8LU
Objectives attd *etiwiti
The principal activity of the T￿￿1 has continued to b¢ the distribution of scholarships and bursaries for the
advancement of eduu¢ion in the arK principally M￿lc. The T￿￿¢¢5 confimi that they have referred to the
advice contained in the Charity Commission's general guidanc¢ on public benefit when reviewing the
Trust's aims And objeetives and in plannin8 future activities and settirbg the grant rnaking policy for the
year. The Tn￿teeS beli¢ve that ihe activities undertaken by th¢ charity constitule the proper provision of
public benefit io tslenied musicians who meet the eriteria sd by the charity. The charity has continued their
successful prograrnme of raisin8 its profile through its website. This enables all those talented in music and
the art5 to identify the aims and objects of the charity.
The TnL8t observes an equal opportunittes EX)Iicy.
FIN#tt¢lal r¢vt¢w
Th¢ format of the Statement of Financial Artivitie5 enables the T￿￿tttS to identify chan¥es in the value of
investments and related ¢05ts ofmanaging the portfolio. The layout also enables the Tntstees to identify
funds available for grant-making and, ai their discretiotL to be able to inere&8e grants payable from the
apital of the charity 05 well as ftom income received in the year.
Invesknents perforrned well in 2021N21, recoverin8 well from the outbreak of the Covid-19 viru5 world-
wide and the dramatic fall in values of investments in 2019-20. However, political uncertainty and
e¢onomi¢ upheaval due lo the war in Ukraine and 50aring encr&y cost hav¢ l¢4 to a disappointing decrease
in th¢ value of investments durin8 the year 2021-22 of £47,853. as Shown on pa8e S. The total fi￿d5 held
by the investment managers also de¢re&￿d by 8.29h from £975.561 to £895.157 at 30 June 2022. Income
r¢¢eived in the year decre&sed to £31,799 (2021- £34,998) reflecting the wJc¢rtaintie5 of the malket. The
Trustees agreed to a transfer of fiands between Capilal and In¢ome fimds in th¢ year of £13230 to continue
to support students grants in a diffiwli year. Expenses were £10,055 compared to £9.438 Kn 2020-21.
Gr￿ts awarded were £31.5￿ {2021 - ￿7.5￿). Funds available for distrkbution at th¢ year end were
£37.546 { 21r21- £34.OT2).

ANN DRIVER TRUST
The Trustees, Report ( continued )
Risk Ma￿#£ement
The Tr￿st.$ total assets have decr¢ased in value by S.P/o in the y¢arto £950.415 8t 30 June 2022. The assets
principally compris¢ Stocks and shares and a deposil accounl which are held and managed by the
investment managers. The perfornwKe of th¢ investments is monitotrd by the TMt¢es at each of their
meetings held twice a year. The sum of £37.546 is held as undistributed income at the balance sheet date.
All assets are held entirely ￿ unrestricted fijnds. The Trt￿ aiTn to moke grants each year ot least equa] < '
to income, less support and (rther nmning ¢ost$. and maintain th¢ income of the t￿St.
R¢spoll$ibilitieJ of the Tn￿1￿9
The Trusttts 8re responsible for Frtparing th¢ Tru*ee5' Rep)rt and the financial thtements in accordan¢¢
with #pplicable ]aw ond re8ulation3.
The Frovisions of charity law require the TTUSt¢¢s to prepare financial sMements for each fu)Ancial year.
Under that law, the Trustees have elected to Pf¢P8re the fmancial ￿atements in accordance with United
Kingdom Generally Accepted Accounling Proctiee (United Kingdom Aecounting Standards and applicable
law) . The firwKial statements are required by law lo give 8 true and fair view of the 518te of alTairs of the
charity as a¢ the balance shcet date, and of the income and expenditure for thal period. In preparing those
financiol statements the TTUSt¢es are required to.. -
(a) s¢lect suitsble A¢counlin8 policies and then apply consislenily:
(b) make judgemenls and estimates that are reasonable and prndent. and
(c) prepare the fin4n¢i41 statements on the going ¢on¢em basis unkss it is inappropriate to presume
that the chaTity will continue on that basis.
The Trustees are respO￿lb1¢ for keepin8 proper 8¢¢ountin8 records. which disclose with reasonable
4¢wraey at any time the financial p)sition of the ¢lJarity gnd to enable them to ensure that the financial
5tatememts comply with the rniuirements of the Charities Aa 2011. They are aiso responsible ftjr
5afeguardin8the assets of the ¢h8riry and hence for taking re¥sortable sieps forthe prevention and detection
of fraud or other irre8ul#ritie8.
Reserves and inwes¢ment poll¢l¢s
It is the policy of th¢ Ttustees to maintain r¢s¢rves at a sufficient level lo generate adequate income from
which to pay ￿hOlarShipS and bursaries. The Trustees Seek to minimise financial risk and maximise rcturns
from their inves¢m¢nts thriMJ8h day to day mww8emertt of the portfolio by J M Finn & Co.
This report was approved by the Board of Trusttts on 24 January 2023
and wa5 $i￿ed on their t¢half by..
R.W. P

ANN DRIVER TRUST
STATEMENT OF FINANCIAL AcrtvrriES
IDcome & expenditure aeeount
For the year ended 30 June 2022
UNREsfRICfED FUNDS
2022
C•pitsl lTreome
A¢¢ount A¢¢fjunt
2021
Capital In¢ome
Accouni Ac¢oum
Im*sin*nt Incon￿ '.
Dividends
Interest from banks 8nd other funds..
31.584
215
34.970
28
Profitl{loss) on $4Ie of inveylrnents
(De¢re￿y]ntre￿ in rnarkd value
of investsnen
10.779
(2.169)
(47,853)
1fy1.708
Total ID¢ome
(37.074)
31.799
98.539 34.998
Expemdl¢ure
Cosrs ofxert¢raiingfvn
Investment mat￿geMen1 ¢osls
10.681
6,624
Cl￿ritable aclivitKs'
S¢holarships #nd bursaries paid
Support wsfs
Publicity
31.5
9.160
395
27.500
8,833
105
Other expenditure..
Independent Examin¢r'$ fe¢
5(Xi
500
Totsl Expellditure
10,681
41J55
6.624
36.938
Net IDcomel{Outgolnp)
(47,755) (9,756)
91,915 (1.940)
Transfers between funds
(13230)
13230
3.323
(3,323)
Toialfunds, broug￿for￿ard
973,854
34.OT2
878.616 39.335
Funds carried fonvard
£912J69
37J46
£973,854 34.072

ANN DRIVER TRUST
BALANCE SHEET
As at 30 June 2022
21122
2021
Capital Income
Account Account
Capitsl
Note
Flxed A￿ets. IDvotments
Stocks and shores
Managed by J M Finn & Co.
{seenote4)
-91 maTk¢t value
(Cost- £716.144: 2021- £659.831)
895.157
975.561
Curretht Awts:
Other debtor
Bank accounts with..
- CAF- Current
- CAF- Dep051t
. J. M. Finn & Co.- Deposit
Income
6,344
8.951
236
17.712
(1.707)
31.979
25.351
38,323
34,652
L¢JJ :CUr￿￿e Li*billtles
A¢¢Tuals
777
580
Net Current knetsl(Llabilities)
17.712
37J46
(1.707)
34,072
TOTAL UNRLSTiucfED FUNDS
£912069
37,546
973,854
34.072
Tr rm8ncial statements on pages 5 to 8 wwe approved by the Tnthes and authorised for issue on
24 January 2023. ¥nd 4r¢ Sign￿ on their behalf by:
W.Priich
alm￿1

ANN DRIVER TRUST
NOTES TO THE ACCOUNTS
ACCOUNTING POLICIES
The principal a¢countin8 policies of the charity have relnained unchanged from the Previous year. The
policio are set out below.
{•) B#sis of Kcounlin8
The fmancial statements have be¢n prepared under the historical cost convention, except as
modified for the atmual revaluation of fixed asset investments. The fmancial statements
vt be¢n prepared in accordance with the Ststement of Recommended Practice .'
Aecountlng and R¢porting by Charities prwin8 iheir accounts in accordance with the
Financial Reporting Stsndard applicable in the UK and Republic of Ireland (fRS 102)
issued on 16 July 2014 #nd the Charities Act 2011.
Income and expendittsre are Iwount￿ for on an acrnls basis.
Ib) Funds
All items within th¢ In¢4me & Expenditure Account and the Balance Shed art held within
uiiresiria¢d fund$ and hence can be used in accordance with the charitable obje¢ts and
the discretion of the truIte￿.
(¢) Invcstments
Investments are stated at markd value. The gains or losses ari$in8 uix)n their annual
revaluation or on the sale of the investsnents ar¢ in¢luded in the statement of financial
activities.
(d) Trumees. remuneration and expenses
No ronun¢raiion dir#tfy or indirectly oui of the fund$ of the Charity was paid or payable for
the year ¢0 any TnJste¢ or any person or persons known to be connected with any of them.
S¢h•lxTJhip3 bwrnrkj ￿ld
2022
2021
Clonter Farni Music Tn
Guildhall Scknl of MLLSIC and Drama
Royal Northern College ofMwsi¢
The Dalcroze Society
Royal Academy of M￿lC
Royal Coll¢g¢ of Mthsi¢
Royal Welsh College
Trinity Laban Conservatoire of Music &
Dance
IMS Pnwia Cove
YCAT
2,51)0
2,500
4.000
1,000
4.000
4,000
4.OCK)
4.000
4.000
4,000
4,(K)O
£31,$00
£27,500

ANN DRIVER TRUST
NOTES TO THE AccouKrs
Gr*nt m*kiDg 511PPOrt costs
2022
2021
Administrator's salary
Chan8e of Constitution charge
Postage, stslionery yccrrtarj￿ expenses
Telephone #nd fax
Computer support costs
Bank charges
General expertses
8.400
500
8.400
30
50
96
37
78
60
9.160
8,833
Pwblklty
Websile and internet
Re¢epliL)n
185
210
105
395
105
INVEsfMEIYT A&SETS
Stocks #nd sh*m It w•rkei v*lue
Opening balanee ai 1° July 2￿21
Additions 01 Wsl
975.561 862.447
142.543
148,607
1.118,104 1.011.054
(185.873) {134,032}
Sales pr(￿eedS
932231 877,022
10.779
(2.169)
(47.853) 100.708
Profrtl(lQ￿) on sal¢ of investments
IDecreas¢yincreu¢ in market value
Closing Balance at 30th June 2022
£ 895.157 £ 975.561

ANN DIUVER TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTFES
I report on th¢ a￿Unts of the Tn￿ foT the year ende4130 June 2022. which are set oul on page5 5 to*.
RespK¢ive respottsibili¢ies of tn￿ #•d ¢x*miDer
The chartty's Tn￿le¢S are reSt￿$1ble for the pTepar•tion of the accounts. The charity's Tnjstees considtt
that an audit is noi requirfJJ for thi's year under section 144(2) of the Charities Act 2011 (the 2011 Act ) and
that an independent ex8minalion is neojed.
It LS my responsibility to..
examine the a￿oUnts under seaion 145 of the 2011 Aet '
to follow the procedures laid down in the General Dircctions siven by the Charities Commlssion
under $e¢tion 145(5Xb) of th¢ 2011 Act: and
to stst¢ whether portieular mattets have come to My attention.
B*sLq ofthd¢peide•t ¢x*mlvr's report
My examination was carried in ￿COrd￿ with the General Direclions given by the Charity
Commission. An examination irKludes a review of the accounting reeords kept by the charity and
comparison of the accounL8 pres¢nt¢d with those records. It also includes considerntion of any unusual
items or disclosures in the ac¢ounts and seeking ¢xplanalions from you &8 trustees concerning any such
matters. The procedures underfaken do not provid¢ ail the evidence that would be required in an audit, and
con5equ¢ntly no opinion is given ￿ lo whether ihe accounts present a'lNe and fair view" and the report
is limii¢d to those matters sd out in the ststement below.
Imdepemd¢nl examlner'$ 8t*t¢m¢Mt
In c(Jnne¢tion with My examinatio￿ no matter has ¢om¢ to my attention:
(I I whi¢h gives me reasonable Cause to believe in any material respect the requirements
lo keep accouniin8 re￿rdS in accordmee with s¢dion 130 of the 2011 Act. artd
• to prepare aceounls which accord with the accountin8 r¢¢ords and to ¢omply with the a¢¢ounting
requirements of the 2011 Act
have not been md. or
) to whiclL in my opinion, attention should be drawn in ordtt to en8bl¢ a proper und¢rs¢andin8 of the
accounts io b¢ reathed.
A.K. Skinner. FCA
Green Hay£s.
Forest Roa
Pyrfor4
Woking,
Surrey GU22 8LU
24 January 2023