Annual Report

2021

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 2021

	Annual	Cumulative
Income	£	£
Donations/Concerts	1,549	85,293
Tax Rebate (Gift Aid)	780	9,597
Total Income	2,329	94,890
Expenditure
Concert Expenses	98	4,433
General Expenses	0	4,330
Total Expenditure	98	8,763
Net Income Before Grants	2,231	86,127
Grants Made	1,868	68,958
*Loan made to Pavillion Fund (2008, from PF donation)		10,000
Net Income	363	7,169
General Expenses as a percentage of Total Income	0.0%	4.56%

Grants awarded as at 31st December 2021

Awards totalling £1,868 were made to 5 young artists in 2021. The grants were given to an actor, a music therapist, a performing artist, a photographer, and a dancer, as summarised below:

Actor - funding towards healthcare costs while at University (Dance BA). £400

Music Therapist - funding towards course fees (Music Therapy MA). £500

Performing artist - funding towards living costs (Musical Theatre MA). £500

Photographer - funding towards film development costs. £168

Dancer - funding towards ballet shoes and sports massage/chiropractor. £300

*Another grant was awarded in 2021, but the grant cheque wasn't cashed. Therefore, this has not been included in the annual accounts.

*Singer - funding towards a new guitar/microphone to produce EP. £400

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Due to the Coronavirus Pandemic, the Exuberant Trust was only able to curate two fundraising concert this year, which is why the figure for concert donations was considerably smaller than usual.

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 18 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.