Annual Report

2022

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 2022

	Annual	Cumulative
Income	£	£
Donations/Concerts	138	85,431
Tax Rebate (Gift Aid)	0	9,597
Total Income	138	95,028
Expenditure
Concert Expenses	0	4,433
General Expenses	0	4,330
Total Expenditure	0	8,763
Net Income Before Grants	138	86,265
Grants Made	1,000	69,958
*Loan made to Pavillion Fund (2008, from PA donation)		10,000
Net Income	-862	6,307
General Expenses as a percentage of Total Income	0.0%	4.56%

Grants awarded as at 31st December 2022

Awards totalling £1,000 were made to 2 young artists in 2022. The grants were given to two artists, as summarised below:

Artist - funding towards printmaking materials (MA in Art at Oxford). £500

Artist - funding towards an art development course (Warehouse, Ovada). £500

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Due to the Coronavirus Pandemic, the Exuberant Trust was unable to organise any fundraising concerts in 2022, which has resulted in a much diminished figure for annual donations received. We are however very grateful for the online donations that were received this year. The restrictions imposed upon many of us this year is probably also reflected in the small number of grant applications that were received.

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 19 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.