Annual Report

2012

Trustees

Sue Cave, Susie Crow, Jeremy Cunningham, Susanna Graham-Jones (Acting Chair), Lindsay Herford, Mark Hofman and Steve Pratley.

Mark Hofman resigned as a Trustee in April 2012. Sue Cave resigned as a Trustee in October 2012.

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2012

	Annual	Cumulative
Income	£	£
Donations/Concerts	2,328	56,475
Tax Rebate (Gift Aid)	360	4,963
Total Income	2,688	61,438
Expenditure
Concert Expenses	389	2,900
General Expenses	892	2,685
Total Expenditure	1,281	5,585
Net Income Before Grants	1,407	55,853
Grants Made	2,369	40,452
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	-962	5,401
General Expenses as a percentage of Total Income	33.2%	4.37%

Grants awarded as at 31st December 2012

Awards totalling £2,369 were made to 7 young artists from Oxfordshire in 2012. The grants were given to 2 dancers, 1 performing artist, 1 musician/composer, 1 conductor, 1 jeweller and a DJ, as summarised below:

Dancer - to help pay for a dance course. £300

Dancer - to buy a Camcorder to aid in the production of a dance event. £169

Performing Artist - to help with the costs of a music workshop for children. £500

Musician/Composer - to help fund a project with a Dance company. £500

Conductor - to help fund the organisation of a schools music workshop. £300

Jeweller - to help pay for tools and materials. £300

DJ - to help with the costs of a DJ course. £300

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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.