Annual Report

2023

Trustees

Susie Crow (Chair), Euton Daley, Susanna Graham-Jones, Lindsay Herford, Peter McMullin, Jose Phillips and Steve Pratley.

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2023

	Annual	Cumulative
Income	£	£
Donations/Concerts	3,314	88,745
Tax Rebate (Gift Aid)	91	9,688
Bank Account Interest	8	8
Total Income	3,413	98,441
Expenditure
Concert Expenses	414	4,847
General Expenses	205	4,535
Bank Account Fees	64	64
Total Expenditure	683	9,446
Net Income Before Grants	2,730	88,995
Grants Made	2,990	72,948
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	-260	6,047
General Expenses as a percentage of Total Income	7.9%	5.18%

Grants awarded as at 31st December 2023

Awards totalling £2,990 were made to 8 young artists in 2023. The grants were given to 3 actors, an artist, a dancer, a lino printer, a singer and a pianist, as summarised below:

Actor - funding towards play production costs at the Bridge Theatre, London. £450

Singer - funding to attend the Leeds Lieder Festival Young Artist programme. £400

Artist - funding towards a 'lightbox' sculpture inspired by Notre Dame window. £390

Actor - funding towards MA project, Mountview Academy of Theatre Arts. £500

Dancer - funding to attend the Irish Dance World Championships, Montreal. £300

Actor - funding for Screen/Stage Industry Week, Diorama Arts Centre. £300

Lino Printer - funding towards exhibition, Handmade Oxford craft festival. £350

Pianist - funding towards weekend attendance at the Royal College of Music. £300

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The Exuberant Trust opened a new, charity account with CAF Bank in June 2023, after the original charity account with NatWest was closed. Unfortunately, it was difficult to find a replacement charity account with free banking services. Therefore the Exuberant Trust now has to pay some monthly/transaction fees, but also earns interest on the account balance. These changes are reflected in the Accounts figures.

We are extremely grateful to all of our generous supporters who have made donations to the Exuberant Trust (either in person at concerts, online or in other ways), not only this year, but over the last 20 years since we launched as a charity in 2003. With the exception of a small percentage of necessary expenses, all of the funds that we receive are used to provide grants for young creative artists in Oxfordshire.

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* Note about the Pavilion Loan

The Exuberant Trust received a charitable donation of £10,000 in 2008, on the condition that it was then used as a loan to the Pavilion Trust Fund towards the cost of the construction of the Pavilion at The Limes in Standlake.

One of the conditions of the loan, was that the Exuberant Trust could use the Pavilion, free of charge, for its charitable Music at The Limes events. The Pavilion is directly beneficial to the Exuberant Trust as it provides a larger audience space for concerts than the formerly used Music Room at The Limes.

In the event of any future disposal of the Pavilion, the Exuberant Trust will be entitled to either a fixed sum, or some proportion of the proceeds.