Sage annual report 2016/17 by Kieron Goldsborough

2016

2017

ANNUAL RECORD

CONTENTS

Welcome

2016 -17 in Numbers

Fundraising

Venue Programme

Royal Northern Sinfonia

Folkworks

Creative Learning

Festivals

Conference & Events

Sage Gateshead in the Press & Online

Thank You

Governance

Financial Summary

WELCOME TO SAGE GATESHEAD An international music venue located on the NewcastleGateshead Quayside. We are for artists, for audiences, for the North, for the long term. But, we are so much more, to so many people. “When people think of Sage Gateshead, they might think of the beautiful building on the Tyne. But it’s a lot more, a chameleon of sorts, a beautiful musical machine with lots of wonderfully aligned cogs and levers. Not only is it one of the UK’s most outstanding places to experience music, it surely must have one of the most ambitious and eclectic programmes, as well as an outstanding Chamber Orchestra in Royal Northern Sinfonia. Not forgetting the enormous and far reaching music learning programme, Sage Gateshead is truly peerless - as a region we are so fortunate to have you!”

Julie Trelease, Patron, February 2017 “Sage Gateshead is a dream come true. I feel I am around people who love music as much as I do. The atmosphere is lovely and the teachers are inspirational.”

Jasmine Colgan, Young Musician, January 2017

HOME TO ROYAL NORTHERN SINFONIA

ACCLAIMED FOR OUR HUGE PROGRAMME OF POPULAR AND CONTEMPORARY MUSIC AND THREE CELEBRATED MUSIC HALLS

NOTED FOR OUR EXTENSIVE CREATIVE LEARNING PROGRAMME

RENOWNED AS ONE OF THE MOST SOUGHT AFTER CONFERENCE AND EVENT VENUES IN THE NORTH Now in our second decade, we exist to entertain, involve and inspire, through engagement with outstanding music and creative events.

FROM OUR CHAIR AND MANAGING DIRECTOR In 2015/16, we marked the start of a new era for Sage Gateshead; beginning the organisation’s second decade with an ambition to make a step change in access to music across the north of England. And 2016/17 was the year that change began to be seen and felt. Throughout the year we have been working hard with partners to cement our position as a regional resource. To this end, Royal Northern Sinfonia have continued to build their profile across the region with a host of excellent performances beyond the Sage footprint. Further afield our orchestra have enjoyed a successful and very well received tour in South America. Folkworks have enjoyed renewed vigour thanks to a comprehensive touring programme, and towards the end of the year, we enjoyed the first Pass it On Festival, made possible by Heritage Lottery Funding. We will use its legacy as a catalyst to develop the presence of our folk programme. Meanwhile, our Creative Learning programme continues to deliver in no less than 13 local authority areas across the north as well as in the building itself. We engage children and young people in music-making; often in response to a specific need

or set of circumstances but always to encourage a lifelong love of music. We are enormously proud of the impact of our work here, with a range of highly regarded projects including In Harmony Newcastle Gateshead and CoMusica continuing to go from strength to strength.

In amongst all of this activity, we remain committed to ensuring our financial sustainability, and in particular on maintaining our charitable mission at times when public income continues to be under such pressure. This year, our focus has been on raising £1.7 million for our ongoing programme of events and planning for Sage Gateshead’s first capital project since we opened our doors in 2004.

Artistically, we have had the pleasure of welcoming internationally renowned acts including Father John Misty, Bonobo and The St Petersburg Philharmonic. Gateshead International Jazz Festival featured its most diverse programme yet, whilst our inaugural New Year New Artists Festival gave us the opportunity to introduce and support outstanding new artists. The diversity of our programme has allowed us to attract a range of audiences across the board; over 264,000 tickets were sold, more than 24,500 people came to an event for the first time and over 186,000 people took part in a course, class or workshop.

Our partners and the artists we work with are a vital part of our success. We are grateful to you for all that we do together and for the benefit it brings to the region. We owe thanks to Gateshead Metropolitan Borough Council and Arts Council England for their commitment to Sage Gateshead. And to the many corporate partners, individual donors and trusts and foundations which support our work as a charity.

Our vision is to play an active part in contemporary culture, community and place through music. We are only 12 years old and there are still a lot of people in the region we haven’t connected with. We have appointed new board members with a wealth of experience who can really support and drive us towards our new ambitions by the end of our second decade. It’s going to be a very exciting time.

Lord Falconer of Thoroton and Abigail Pogson

DIRECTION We began 2016/17 with renewed ambition and focus, with new board members to help steer our course. Our key aims during this period and beyond focus on:

• building the reach and reputation of

Royal Northern Sinfonia • developing new festivals • preparing for the Great Exhibition of the North • nurturing and supporting artists • improving our iconic building for the next generation of music lovers • increasing our activity in the wider region, helping to increase our impact For artists, for audiences, for the North, for the long-term.

2016 -17 IN NUMBERS

PEOPLE AND AUDIENCES

40%

264,026 tickets sold

14% from Gateshead

first time audiences

73% from NE postcodes

13%

from National and International postcodes

2016 -17 IN NUMBERS

PROGRAMME

451

10,609

performance events

112

conferences and events

classes and workshops

premieres and commissions

Within the 2016/17 financial year, all of our courses classes and workshops came back in to our Music Education Centre after four years in Gateshead Old Town Hall. This contributed to an increase in footfall and a greater sense of animation in Sage Gateshead during the daytime.

broadcasts

FUNDRAISING

2016/17 saw a steady growth in the number and value of grants given by trusts and foundations to support our charitable activities. This included support from Heritage Lottery Fund for Pass It On The Tradition in Your Hands, a year-long Folkworks project which engaged with 360 schoolchildren to explore the region’s traditional music, song, dance and story. You can read more about this later on. future years. We continued to work with other local charities on collaborative events and secured sponsorship for the Gateshead International Jazz Festival, the benefits of which we hope will encourage further sponsorship in other areas of our work.

Thanks to support from PRS Foundation we have been able to take our commitment to supporting emerging artists even further as one of just 22 selected ‘Talent Development Partners’. A Foyle Foundation grant is also supporting Royal Northern Sinfonia in an exciting two-year quest to reach out to new audiences.

As you read on you will be able to see the real-life impact your support has on people. Music really does change lives and we want, more than anything, to do more of this across the region.

Support from our individual donors continues to grow and we were grateful for two legacy gifts, which help us to plan our vital work for

To all our supporters and friends we say a big

THANK YOU 11

VENUE PROGRAMME

355

Performances

Festivals

Premieres and commissions

Broadcasts

More than

genres of music

World class halls

VENUE PROGRAMME

WITH YOUR SUPPORT…

We have been able to help Sarah Fisher develop her career in music. Sarah is a musician with a disability. She has cerebral palsy and whilst studying for her music degree at Sage Gateshead she developed an aggressive involuntary movement in her arm. Playing the piano and percussion helped to control it. In fact, when she plays you wouldn’t even be aware of her condition. In March she landed her own gig ‘Twitch’ at Sage Gateshead.

Having gained a first-class degree in Community Music, Sarah has gone on to inspire young people with her infectious love for music and unique teaching style. Her humour, combined with her musical talent led to Sarah’s show ‘Twitch’, a showcase for some brand new material, supported by Sage Gateshead and Unlimited (celebrating the work of disabled artists). “While I was studying for my degree I started taking medication to reduce the stiffness caused by Cerebral Palsy. It worked but my left arm started to make involuntary movements. They were small at first but soon I couldn’t control my arm. The only time it stopped was when I was playing music. It taught me that there could be a way of controlling it in my everyday life.” Sarah has gone onto work with student ensembles and visiting students at Sage Gateshead. “At first it is challenging but music is a universal language,” Sarah said. “My disability plays a big part in the kind of musician I am today because I adapt how I play and teach. I always describe myself as a musician with a disability.” Sarah’s residency and show is part of Sage Gateshead’s role as a Talent Development Partner for PRS for Music Foundation. Sage Gateshead received a grant from the Foundation to support and provide opportunities for a broad range of musicians.

VENUE PROGRAMME

OTHER HIGHLIGHTS

Sunderland singer songwriter Martin Longstaff aka The Lake Poets collaborated with 12 members of our Youth Ensembles and Centre for Advanced Training.

Martin Green’s (Lau) ‘Flit’, a multimedia performance on the theme of migration, co-commissioned with Edinburgh International Festival, Barbican Centre and Perth International Arts Festival.

Acclaimed Americana act, Lake Street Dive, made their UK debut outside London at Sage Gateshead; a real coup for the region and an excellent artist development opportunity.

We premiered 10 new pieces. In addition to Martin Green’s ‘Flit’ and new arrangements by The Lake Poets, we welcomed Henn Ogledd and Fovea Hex with a new work for TUSK. The Young Artists Platform at North East Guitar Festival featured new works by Andre Caballero Gonzales, Giacomo Susani, Renate Arlotti, and Kevin Loh. David Almond’s ‘Song of the Tyne’ featured at the Magnetic North East launch event, and we also heard several new brass compositions at the Brass In Concert Championship weekend.

VENUE PROGRAMME

KT Tunstall makes her mark in November 2016

ROYAL NORTHERN SINFONIA

Performances in Sage Gateshead

Performances outside of Sage Gateshead

Premieres & Commissions

42,940

Live audience

across Sage Gateshead and external audiences

Broadcasts

three of which were live on BBC Radio 3

Learning & Participation projects

ROYAL NORTHERN SINFONIA

WITH YOUR SUPPORT…

360

135

audience audience members members took up took up the our ‘Bar 5’ offer, which offer of a new initiative enables under 30s to for the 2016/17 Classical buy a ticket to a Royal Season which enables Northern Sinfonia ‘At Gateshead residents Home’ concert for just who have never been £5, along with a free to see Royal Northern bottle of beer. Sinfonia before, to come to a ‘Royal Northern Sinfonia at Home’ concert for free.

OTHER HIGHLIGHTS “A real opportunity for me and the kids to experience the orchestra. We have been to The Snowman but this was something different and we loved it!”

We launched Classics4Kids, a new series for 5+ year olds introducing classical repertoire presented from the stage, with opportunities to meet the orchestra ahead of the event. We had a first audience of 800 in October and delivered two more successful concerts throughout the season as part of this pilot year.

“Pitched perfectly for kids with lots of interaction.” “Amazing experience - booked for the next one already.” “It feels like a door opened for me and the children into classical music.”

The orchestra performed a surprise programme for delighted visitors to intu’s Metrocentre. This was our first live video on Facebook and reached 26,500 people with 11,431 video views and 903 reactions, comments and shares.

ROYAL NORTHERN SINFONIA

In the run up to Christmas, Royal Northern Sinfonia embarked upon an eight-venue baroque ensemble tour of churches in the region which reached 2,700 customers, of whom 47% were new audiences. This is an area we plan to build on in the future and forms an essential part of our audience development plans.

The orchestra commenced its Gateshead Community Residencies project in which members of Royal Northern Sinfonia performed two concerts at Emma Hall, Crawcrook. This was followed by a very well-received meet and greet, where the audience and musicians mingled over coffee and cake.

The opening of our second season with Lars Vogt as Music Director and the start of a recording project of Beethoven’s Complete Piano Concertos, in partnership with label Ondine and Deutschlandfunk, made a strong artistic statement for Royal Northern Sinfonia.

Three of this season’s RNS At Home concerts were broadcast live on BBC Radio 3: Julian Rachlin’s Beethoven, Lark Ascending and the Beethoven Double.

Visiting international classical artists included Yuri Temirkanov conducting St Petersburg Philharmonic, Karina Canellakis conducting Royal Northern Sinfonia and Katrien Baerts.

The Ring Cycle in summer 2016 was a roaring success and a sell out to boot.

FOLKWORKS

WITH YOUR SUPPORT…

360 children from six Gateshead primary schools learnt to sing legendary regional songs, famous tales and how to clog before taking part in a performance at Sage Gateshead during the Folkworks: Pass It On Festival.

“The children have been learning clogging and this whole new experience has been fantastic for them and us. The school has a history of clogging and this project has reignited that passion and has captured the interest of the whole school. We’ve even had parents and grandparents sharing their memories of clogging here when they were at school.”

Mandy Linsley, a teacher at Blaydon West Primary School The Festival celebrated the local heritage and tradition of the North East using local artists and heritage experts to ‘pass on’ their knowledge, insight and expertise. Over the past year the project, ran by Sage Gateshead and supported by the Heritage Lottery Fund, explored regional archives and collections and brought them to life through performance. The festival included performances from a collection of the region’s and country’s top folk musicians including Shirley Collins, Emily Portman, The Wilson Family, Rachel Newton, Alasdair Roberts, Cath and Phil Tyler and Bottle Bank Band as well as storytelling from First Storyteller Laureate Taffy Thomas and Young Storyteller of the Year 2014 Jake Evans.

CREATIVE LEARNING

10,609 classes and workshops delivered

681

performances

14,758 people participating

186,396 74% attendances at classes and workshops

were children and young people

16%

11%

0-89

214

were silvers (over 50s)

involved participants aged between

were adults

leaders and teachers

CREATIVE LEARNING

WITH YOUR SUPPORT… ERIC BECAME A MUSICIAN Eric is 14 years-old. He lives in one of the most deprived wards in the country. He was a shy boy with little confidence. Then the pioneering In Harmony Newcastle Gateshead project came along and changed his life. Every pupil at the school was given an orchestral instrument of their very own. Eric, who had never picked up an instrument before, chose the bassoon. He progressed quickly on the instrument and was encouraged by his teacher to audition for the Centre for Advanced Training, which is part of Sage Gateshead’s Young Musicians Programme. He was accepted and has been attending every Sunday since he was in Year 6. At CAT he was also given the opportunity to play a second instrument. Eric chose the piano and is very determined on both instruments. “I am very grateful that Eric was given this opportunity and that he still continues to progress. It has given him confidence and attention to detail. He notices his mistakes and will always work hard to correct them.”

Eric’s Mum

CREATIVE LEARNING

There are currently six In Harmony Newcastle Gateshead students in Sage Gateshead’s Centre for Advanced Training. They are all receiving Department for Education Music and Dance Scheme bursaries and are also regularly attending West Newcastle Symphony Orchestra (which was created as a result of In Harmony Newcastle Gateshead).

Rosie is from Brazil but when she hears people talking about football in Newcastle she feels right at home. The passion, the love. She said it was exactly the same as the way they talk back home.

In Harmony Newcastle Gateshead pupils also had the chance to take part in ‘Sharing the Stage’ a project with Newcastle United Foundation, which explored two popular North East passions - football and music.

Ann doesn’t really go to St James’ Park for the football. She goes for the atmosphere, for the community singing, because she spent years being told to be quiet in the school choir but there she can sing as loud as she likes!

Its ultimate aim was to get a community of people to ‘share the stage’ at St James’ Park with professional performers whilst looking at how taking part in football, music and performance could bring people together. Memories and experiences from all walks of life, languages and lessons were shared in a performance called ‘We, The Crowd’:

Linda walks through the door at St James’s church and she can hear her and her old classmates singing the Hallelujah chorus from the stalls. It was more than 50 years ago but she can still see and hear it, Mrs Puckering keeping everybody right. Funded by the Calouste Gulbenkian Foundation other partners included Royal Northern Sinfonia, Unfolding Theatre, Excelsior Academy, New Writing North, West End Voices (a community choir), and CHAT Trust (Churches Acting Together).

CREATIVE LEARNING

OTHER HIGHLIGHTS Jasmine and her parents make a 200-mile round trip to Sage Gateshead every weekend from Haworth in West Yorkshire so that she can attend the Young Musicians Programme.

“Sage Gateshead is a dream come true. I feel I am around people who love music as much as I do. The atmosphere is lovely and the teachers are inspirational. I’ve made lots of friends and my confidence has grown. I have already performed in a duet on stage with my new friend, had masterclasses and learnt so much about how my voice is changing and developing. I squeeze in piano lessons and I’ve also joined Quay Voices, which is a fantastic choir that practice every other week.”

Young Musicians Programme (YMP) - Buxtehude Youth Orchestra visited Young Sinfonia and our Centre for Advanced Training students for workshops and a side by side rehearsal. Two hundred young people performed over two days in nine concerts to an audience of 850 young people during our Christmas Festival.

The Integrating Children Celebration Event provided a day of activities for 30 young people with SEND and disabilities featuring Integrating Children participants as well as other Sage Gateshead SEND groups including Community Music Spark and Sounds Good to Me.

Over 800 young performers took part in the Regional Music for Youth Festival in March. Our youth ensembles Folkestra and Jambone as well as YMP took part, working and performing with regional, national and international bands and ensembles. The day was jointly organised by Durham Music Education Hub, and Sage Gateshead’s Young Musicians Programme.

The Arches Academy End of Year Celebration was attended by 40 young people, with 15 performing.

CREATIVE LEARNING

ALF HODGSON, 62, AND IRENE MANTEY, 67, FOUND EACH OTHER THROUGH OUR SILVER PROGRAMME.

It offers daytime classes to people over 50 who want to learn a new skill or reignite a previous musical passion. Alf, who joined the Rock ‘n’ Roll band after taking redundancy in 2011, describes himself as “a bedroom guitar player for 40 years” and was keen to play more. Irene joined the group to sing, a pastime she has enjoyed since she was a child. The pair became friends at the Silver Programme Christmas

party, and following an evening of dancing at a Sage Gateshead fundraiser, Alf plucked up the courage to ask Irene for a coffee. They had their first date, and love quickly blossomed. “Our love of Sage Gateshead has given us the opportunity to develop our creativity but at the same time as we’re being stretched, we’re being supported. Through the group I met Alf and our love of music brought us together and because of that I now have my life partner.”

FESTIVALS

NEW YEAR NEW SUMMER ARTISTS TYNE

The second New Year New Artists festival profiled 31 emerging artists in jazz, folk, classical, rap and electronica. It built on its classical roots, resulting in a cross-genre weekend of new artists in Sage Two and Northern Rock Foundation Hall. This shift saw a sales increase of 31% over the 2016 festival, welcoming an audience of over 1,300. The Festival had a media partnership with NARC and established a more confident brand and a considerable amount of new work in the programmes.

TUSK FESTIVAL

Now firmly established in the summer calendar, SummerTyne Americana Festival is a three day celebration of American roots music that brings together some of the finest and most exciting performers from both sides of the Atlantic. 2016 highlights included Nashville’s Striking Matches and Ward Thomas, regarded as rising stars of the country music scene.

GATESHEAD INTERNATIONAL JAZZ FESTIVAL

A weekend of live international experimental music which was also streamed online, TUSK continued its partnership with Sage Gateshead in 2016, holding the event in the venue for the first time. As eclectic a programme as ever, 2016 shone the spotlight on Sudanese septet The Scorpios, Argentina’s Los Siquicos Litoraleños and female alt-hiphop duo Bad@ Maths to name but a few.

“Held in one building across one weekend, Gateshead International Jazz Festival is small by UK standards, but it’s always so impressively comprehensive. Wandering between the Sage’s two concert halls, the jazz lounge and the free stage on the concourse, beneath all that rippling glass, feels like being inside some giant music-themed snow globe. It’s as if the organisers have shrunk the world’s jazz scene down to miniature, showcasing local talent and booking ensembles from the freer end of the spectrum as well as luring big names up north.” Jazzwise

BBC RADIO 3 FREE THINKING

A partnership festival of ideas, this year on the theme of The speed of Life. The total audience for the festival was over 5,000 and it generated over 60 hours of broadcast content, which will be used through the remainder of the year on BBC Radio 3. This included a live broadcast of Royal Northern Sinfonia Beethoven Double conducted by Lars Vogt. In the week in the lead up to the festival Radio 3 and Sage Gateshead collaborated over a project with local schools in which students made their own radio programme, a selection of which was edited into a programme for broadcast.

CONFERENCE & EVENTS

112

conferences and events including well known brands like Greggs, JML and Heineken

weddings and private parties

ÂŁ6.7

20,710

33%

million

came from outside of the region

of economic impact to the region by attending delegates

attendees

CONFERENCE & EVENTS

HIGHLIGHTS

In September we welcomed Digital Fire Filming shooting footage of “forensic mind reader” Colin Cloud as part of viral ad campaigns for comparethemarket.com.

In November we held a clothing launch event for outdoor clothing brand Montane in which Sage Gateshead staff were given the opportunity to walk the catwalk and bag themselves a jacket.

December saw our first New Year’s Eve wedding party. The bride was the unwitting star of the NYE press reviews, having been spotted celebrating her nuptials in our Concourse after party in her bridal gown.

In March we launched our corporate urban art workshops for AkzoNobel with an Arch Rivals red team versus blue team format.

Global technology and consultancy firm Accenture took over our iconic building to inspire 500 girls to consider careers in science, technology, engineering and maths (STEM).

“The venue is an amazing, beautiful and flexible space, lots of Sage staff were on hand on the day to help with requests and facilitate transitions between the sessions – it felt like we were all part of the same team.” Helen Simmons, Innovation Sherpa & Sales Enablement Lead at Accenture (Newcastle)

SAGE GATESHEAD IN THE PRESS & ONLINE 34

SAGE GATESHEAD IN THE PRESS AND ONLINE

SOME HIGHLIGHTS

SAGE GATESHEAD IN THE PRESS AND ONLINE

SAGEGATESHEAD.COM from

7.9M

1.5M visits

page views

over

60,000 130,000 tickets sold online

online transactions

SAGE GATESHEAD IN THE PRESS AND ONLINE

FACEBOOK over

over

nearly

impressions

engagements

Facebook fans

24.3M 94,000 30,000 TWITTER

over

organic impressions

15,000 46,165 engagements

Twitter followers

2,500 12,500 Tweets sent

Twitter mentions

THANK YOU

Without the support of Patrons, Donors and Partners we would not be able to maintain the quality and breadth of our performance and learning programmes.

REVENUE FUNDING 2016/17

CORPORATE PARTNERS

Arts Council England Gateshead Metropolitan Borough Council

TRUSTS AND FOUNDATIONS The Barbour Foundation The Calouste Gulbenkian Foundation The John S Cohen Foundation The D’Oyly Carte Charitable Trust The Foyle Foundation The Garfield Weston Foundation The Hadrian Trust

PLATINUM

BRONZE

The Sage Group Plc

Solution Group

Newcastle Airport

O’Brien Waste Recycling Solutions Sanderson Weatherall Switch Gas and Electric Northern Elevator

GOLD

ZeroLight

Greggs Plc Heineken UK Kilfrost Rathbone Investment Management Green Energy Consulting

Heritage Lottery Fund

The Monument Trust

Northumberland National Park Authority Froneri

The Kavli Trust The Marchus Trust

SPONSORSHIP Team Cycles

SILVER

Lakes Distillery

PRS for Music Foundation

AkzoNobel

The Shears Foundation

Northumbrian Water

The Sir James Knott Trust

Muckle LLP

The Vardy Foundation

Nexus

The WA Handley Charity Trust

Isis Property Services

Youth Music

Reece Group Limited Axis Group Cintra RSM UK

THANK YOU

PRINCIPAL PARTNERS

SAGE CIRCLE

ENDOWMENT DONORS

Thank you to our Principal Partners for supporting the work of Royal Northern Sinfonia:

Thank you to our Sage Circle members for their support of our broad artistic programme:

1989 Willan Trust

Charles and Patricia Bragg

Victor & June Middleton

Friends of Royal Northern Sinfonia

Ian Robinson

Sylvia Fuller

Lord John Shipley

The Barbour Foundation Benfield Charitable Trust The David Boardman Trust

Jennifer Lauch

Bowland Charitable Trust Christopher French The David Goldman Programme Fenwick Ltd

Margaret Huntington

Lord Falconer of Thoroton

Alan Johnson

The Gillian Dickson Trust

Howard Layfield

The Go-Ahead Group plc

Elspeth Pyman

Greggs plc

Rathbone Investment Management

Sir John Hall

Brian Rice & Julia Trowbridge

Northern Arts Board

Marion Richardson

Northumbrian Water

Michael & Ann Marie Robinson

Anne Reece, Roland Cookson Trust

Nick Rossiter

The Sage Group plc

Alan & Ros Share

The Shears Foundation,

Christine Swales

The Sir James Knott Trust

Anne Tate

The Squires Foundation

FINANCIAL SUMMARY

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES

(Incorporating Income and Expenditure account) For the year ended 31 March 2017

Notes

Unrestricted Funds

Restricted Funds

Endowment Funds

Total Funds 2017

Total Funds 2016

Income from: Donations and Legacies

4,540,054

351,748

4,891,802

7,990,562

Charitable activities

5,805,680

677,759

6,483,439

6,562,027

Investments

5,794

215,398

221,192

111,337

Trading activities

2,361,663

2,038,906

523,420

119,500

13,236,611

1,029,507

215,398

14,481,516

16,822,332

Other Total income

Expenditure on: Raising funds

3,311,615

14,070

37,641

3,363,326

3,159,825

Charitable activities

9,634,663

1,029,737

10,664,400

11,235,989

12,946,278

1,043,807

37,641

14,027,726

14,395,814

290,333

(14,300)

177,757

453,790

2,426,518

Total expenditure

Net income / (Expenditure) Transfers

215,398

(215,398)

Gains and losses on investment assets

799,100

(128,783)

505,731

(14,300)

761,459

1,252,890

2,297,735

(488,702)

676,090

5,731,324

5,918,712

3,620,977

17,029

661,790

6,492,783

7,171,602

5,918,712

Net movement in funds Total funds brought forward Total funds carried forward

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

GOVERNANCE

BOARD Stepped Down:

Remained in Post:

New Board Appointed from December 2016 AGM:

Alan Fearon (Dec 16)

Alistair Anderson

Herb Kim

Andrew Miller (Dec 16)

John Cuthbert OBE DL

Hilary Florek

Anne Millman (Dec 16)

Marcus Robinson

Jacinta Scannell

Fiona Cruickshank (Sept 16)

Margaret Fay CBE DL

Cllr Martin Gannon

Jane Robinson (July 16)

Lord Falconer of Thoroton (Chair)

Sir Martin Narey

Lesley Douglas (Dec 16)

Rob McEwan-Brown OBE

Sir Nicholas Kenyon (Dec 16)

Suba Das

Cllr Mick Henry (July 16)

Sue Underwood

Sue Palmer (Dec 16)

Vidya Sarangapani

2016

2017

Weâ&#x20AC;&#x2122;ve had an incredible year. Hereâ&#x20AC;&#x2122;s to the next, and many more to come. Thank you to everyone who continues to help make our ambition a reality.