Annual Report

2013

Trustees

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

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2013

	Annual	Cumulative
Income	£	£
Donations/Concerts	4,290	60,765
Tax Rebate (Gift Aid)	748	5,711
Total Income	5,038	66,476
Expenditure
Concert Expenses	119	3,019
General Expenses	270	2,955
Total Expenditure	389	5,974
Net Income Before Grants	4,649	60,502
Grants Made	3,000	43,452
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	1,649	7,050
General Expenses as a percentage of Total Income	5.4%	4.45%

Grants awarded as at 31st December 2013

Awards totalling £3,000 were made to 6 young artists and 2 groups from Oxfordshire in 2013. The grants were given to 2 violinists, 1 clarinettist, 1 trumpeter, 1 soprano, 1 composer, 1 dance company and a theatre company, as summarised below:

Violinist - to help pay for course fees at the National Children’s Orchestra. £300

Violinist - to help pay for a new violin. £300

Clarinettist - to help pay for a new clarinet. £300

Trumpeter - to help pay for a new trumpet. £300

Soprano - to help pay for singing course. £400

Composer - to help purchase a set of speakers needed for a composition. £500

Dance Company -funding to make a film with a choreographer. £400

Theatre Company - to help purchase props needed for a new play. £500

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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.