Annual Report

2014

Trustees

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

Jeremy Cunningham resigned as a Trustee in January 2014. Jose Philips and Euton Daley were appointed as new Trustees in September 2014.

Finances

The Exuberant Trust

Income & Expenditure as at 31st December 2014

	Annual	Cumulative
Income	£	£
Donations/Concerts	2,163	62,928
Tax Rebate (Gift Aid)	351	6,062
Total Income	2,514	68,990
Expenditure
Concert Expenses	219	3,238
General Expenses	335	3,290
Total Expenditure	554	6,528
Net Income Before Grants	1,960	62,462
Grants Made	2,890	46,342
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	-930	6,120
General Expenses as a percentage of Total Income	13.3%	4.77%

Grants awarded as at 31st December 2014

Awards totalling £2,890 were made to 8 young artists and 1 group from Oxfordshire in 2013. The grants were given to 3 flauists, 2 dancers, 1 filmmaker, 1 artist, 1 music teacher and a string quartet, as summarised below:

Flautist - to help fund a voluntary trip to Ghana to teach music to under 25s. £150

Flautist - to fund joining the Oxfordshire Schools Symphony Orchestra & the Oxfordshire Flute Choir. £300

Flautist - to help pay for expenses for a professional flute course in Canada. £400

Dancer - to help with fees to attend the Liberatus Dance Academy. £300

Dancer - to help pay for ballet lessons. £300

Filmmaker - to help pay for a course at the National Youth Film Academy. £300

Artist - to help fund a Design Access course, University of Arts, London. £500

Music Teacher - to help purchase instruments for teaching projects in Primary Schools. £440

String Quartet - to help fund a place on a Maggini Quartet workshop. £200

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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.