PANARTS FINANCIAL STATEI MENTS FOR THE YEAR ENDfi D 31 MARCH 2019 PANARTS FIf+lANCIAL STATEMEf4TS FOR THE YEAR TO 3111(ARCH 2019 ConteTtts Page Number Cliarity Infomjation Cotninittee Re￿rt Accountant's Report Statement of Financial Activities Balance Sheet Notes to the Accounts 10-12 PANARTS REI GISTEI REI D CHAIUTY- NIC106590 Committee 31 MJrcli 2019 J Duffy (Clialrpe￿o￿} J Kelly (Vice Chairperson) L Gault (Secretary) RDilly A Grattan Accountants Gavin Reid and Coinpany Unit I 212-218 Upper Newtownards Road Belfast BT4 3ET Bankers First Trust Bank Limited 425427 Ortneau Road Belfast BT7 3GQ Business Address l Earlswood Road Belfhst BT4 3DY PANARTS COMMtTTEI L REI PORT FOR THE PERIOD Ef4DID 31 MARCH 2019 Financial Statements The trustee (Management Committee) present their report and financial statements on tru51 funds for the period ended 31 March 2019. Objects of the Trust The objects of the trust are exclusively cli8rilable namely the education of the public in Northern Ireland in tlie relation to the advantages of cultural diversity and so to promote improved understanding of cultural traditions throllgli, in parEicular, the innovative Lise ofihe perfomiing arts. En pursuit ofsuch object the charity l. promute cross cultural arts projects 2. facilitate ¢ontacl between individuals and groups in a creative and unthreatening erivironment encourage dialogLte and demonstrate arts skills and help individuals to learn new ski115 in the perfomiing art5 4. provide training and education to develop existing arts ski115 and help individua15 to learn new skills in the performing arts establish national and intemlltional exchanges to educate and introduce individua15 to different cultures ond traditions Activities Period End 31 Mareb 2019 Since 199? Panarts li￿ developed a variety of divetsity programmes and ivorked ivith community groups, schools. colleges, minority etlinic groupss public bodies and tnany musicians and artists. Some of the main activities Panarts presented during thi5 lime included: P&D&rts Young Songwriter of the Yeor Awnrd We were delighted to have a great Selection of young songwriters. from aerr￿S Northem Ireland, apply tr) be considered for this award. Our Tnedia partners Downtown Radio promoted tlie award and one of tl)eir main pre5enter5 Ivus a judge at the final in the Clayton Hotel during Il)e Belfast N18hville Songwriters Festival in Marcli 2019. The recipient of the award was Ronan Mcsorley who was presented witli a £3000 handcrafted guitar. donated to the charity by Avalon Guitars. b￿ed in Newtownard5. Panarts Outreaeh Programme Froffl Noveinber ?018 we staged six live concerts at Foreslside Sliopping Centre, in South Belfast. Forestside is one of Panart5 sponsors and alloi¥ed ￿ to showcase new song writing talent, on Saturday aflernoons, wlien they have large numbers of shoppers in tlie eentre. This wa5 a great exposure for all t]ie artists taking part and the shoppers were able to hear lots of talented perfortner5. Up lo 18.000 shoppers visit the centre over the weekend and they also provide free prime advertising space for Panarts posters and pop-up banner5. PAnarts And Belmont (USA) International Culturlll Ei xchange Programme Over the past six years we've been developing our partnership with Belmont University in Na5hville. We now work closely with three of tlie unive￿Ity Deparlmenls, Music, Film and Audio. The excliange takes place tliree times a year. March in Belfast and Marcli in Nashville and July in Belfast. 2019 In Marcli 2019 four staff and twenty students took part in the Belf&st Nashville Songwriters, Festiv￿. The sthdents perfomied on stage witli local songwriters and d)e four staff delivered worksliop5 at tlie Song Writing Convention. Twenty five students and five stiff look part in Panarts summer excliange. July 2019. The Students from Belmont wrote songs with the Pall￿ts Young Songwriter of tlie Year finalists and they also performed togetlier at a concert in the Ramada Hoiel. James EllioL lie8d of song writing at Belmont delivered a worksliop ivith a group of over tliirty local arlists. IS Paoart5 Beifa5t Nll5bville So￿￿Vriters Festival 6-10 Marcli 2019 The five day festival aims to: provide a platfornj to showc￿¢ local talent inspire Ilie public to ivriie songs and get involved in tlie arts h05t an international excliange programnie Over one Iiundred sonEWriters toolc parl and many of diem luunclied singles and EPS. Internation￿ artists inclllding Jude Johnston, Jason Blume, Dana Cooper. Drew Ramsey and JaJne5 Elliot perfonned 'ln the Round, with local artists. Panarts are very proud of tlie ivork tliey do to help the careers of local songwriters and in Marcli ?019 we were deliglited to welcome back Ryan Mcmullan, who we shoivcased in botli Belfast and Nasliville. In an interview in 2018, Ryan wd: 'I launclied my debut EP willi tlie Belfast Nashville Songwriters, Festival in ?015. One of tlie main headliners Foy Vance came to my sliow. We started chatting and shortly after co-wrote a song together and he esked me to go on an American tour with hiTll in the sutntner. If that isn't an indication of what this festival cRn do for artists, I don't l(noiv what is. Over tlie year our media partner Downtown Radio were integral in lielping Panarts spread tlie word about our annual progrdmme, in particular tlie songwriters. festival. 'It was a pleasure for us as a radio station to be involved in such a ivell org&nised and suCC￿5ful event, Caroline Beatty. Downtown Radio & CoolFM Free showcasing events throughout the five days provided opportunities for songwriter5 to perfonn original songs and network with otlier MusiciE￿S. Over tlie past three years we have worked witli the Dublin Songwriters Club and tlieir members have Showcased their music at tlie festival in March and Panarts staff ha5 delivered inforfflation sessions at their meetings in Dublin. I51￿ Panurts Song Writing ConventlOD Tlie Convention ivas lead by j￿0￿ Blutnq lilt song ivriter and author of many song iyriling skills books. Worksliops were f¢lso facilitated by Belmont Us]iversity Siaff wlio looked at sound recordin& making videos. writing good lyrics and melodies. A panel of experts including a representative from the Irisli Music Rights Organisation UMRO), professional 50ngwrit¢rs gave advice on touring and incotne Streams for songwrite￿. 15 ' Panllrts Belf8St SongFvriters Showcase In March ?019 we showcased three local songwriters N&hville Tennewee. Tlie artists wlio took part were, Rory Nelli5, Niamh Mc Glincliey* Allison McGrath. 115 cultural exchange included the songwriters performing their original songs in the famous Bluebird Café perfomiing with aivard winning hit 50ngwriters, Tony Ar8W Pat Alger, Victoria Banks, Phil Barton. Our local writers also co-wrote with Grammy Award winning song ivriters and Belmont University senior song writing students. Showcase perfonnances also look place in Belmont Univetsity and at NECAT television studios wliere the evening was filmed for broadcast. 'After five days in Nftshville. I Cl￿ say I've made friend5 for life. I've learnt so much about myself, my style of ivriting and so many creative lips. Panarts is sucli ￿ amazing charity. it is keeping the culture, the arts and the Iiopes and dream5 Of 50ngwriter5 like myself, Rory and Allison alive each And every year.. Nillmh M¢Glinchey Mentoring Programme Tlvoughouttlie year. Panart5 staff met and gave advice to many loca] songwriters. We also helped a number of artists with fi]nding llpplications to the Arts Council of Northem Ireland and other funding organisRtiDn5. We also set up co-writing sessions, in Belfast and Nashville. and organised radio appearances. Over fifteen years we have developed invaluable contacts in both Belfast and Nasliville that we can draw on to help local arti51s. Pan