THE vUALL TRU S T

TRUSTEES' REPORT

YEAR ENDED 31st JULY 2015

THE WALL TRUST

TRUSTEES'REPORT

FOR THE YEAR ENDED 31ST JULY 2015

Reference and Administrative Details

Charity registration number 291535

Contact Address 19 Waterside Point

2 Anhalt RoadLondon

SW11 4PD

President Sir Kenneth Branagh

Past Presidents Dame Ninette de Valois DBE

Dame Alicia Markova DBE

Vice Presidents Sir Thomas Allen CBEDame Merle Park DBEYevgeny Sudbin

Trustees Charles Weatherley Wall (Chairman)

Brian Edwin CarterStephen Paul O'HanlonBarbara Anne Fortescue PottsPendaBede Stally

Jane Alexandra Quin

Brian Carter is a consultant to Kreston Reeves LLP.

Secretary to the Trustees Jane Quin

Accountants Kreston Reeves LLP

Third Floor24 Chiswell StreetLondonEC 1 Y 4YX

Bankers HSBC Private Bank (UK) Limited

78 St James's StreetLondonSW1A 1JB

Structure, Governance and Management

The Charity was constituted by Trust Deed on 4 February 1985 and registered with the Charity Commissionunder Charity Number 291535. Originally named The Charles Wall Charitable Trust it was changed to TheWall Trust in November 1990.

There are no employees and the Secretary and Trustees carry out the administration. Nevertheless thereare two signatories required for every cheque as part of the internal controls.

THE WALL TRUST

TRUSTEES'REPORT

FOR THE YEAR ENDED 31ST JULY 2015

Risk Management

At the time of the production of the financial accounts, the Trustees monitor the major risk inherent in the

policy of awarding Scholarships for the duration of a Scholar's course, usually three years, whilst mostly

receiving Incoming Resources on an annual basis. This risk is largely mitigated by setting aside in a

Designated Scholarship Reserve amounts required to complete a Scholar's course, and the retention of

funds to meet this requirement.

Trustee Selection Methods

The President, Vice Presidents and Trustees are selected upon the recommendation from Trustees who

have served during the year.

The Trustees continued their consideration of succession. They intend to keep this mattter under review on

a continuing basis.

Public Benefit, Charitable Objectives, Aims and Policy

Insetting our objectives and planning our activities in accordance with our Mission Statement below, the

Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.

Without the assistance of the Trust some exceptionally talented performing artists might not have had the

opportunity to graduate and might not be seen by the public on stage, on concert platforms, in films and on

television.

Reporting Serious Incidents

The Trustees can confirm that there have been no 'serious incidents' to report in the year to 31 July 2015 as

defined by the Charity Commission in their Guidance for Trustees issued in June 2010.

MISSION STATEMENT

To enable exceptionally talented students of the performing arts to realise their potential.

The general objects of the charity, as set out in the Trust Deed, have been applied by the Trustees, in order

to support excellence in the Performing Arts. This is achieved primarily by granting Wall Scholarships to

exceptionally talented students, who have inadequate funds to further their training, at the following selected

Establishments with whom the Trust has Scholarship Agreements:

Dance The Royal Ballet School, London

Central School of Ballet, London

London Studio Centre, London

Drama Royal Academy of Dramatic Art, London

Music Royal Academy of Music, London

Royal College of Music, London

Royal Northern College of Music, Manchester

The Purcell School, Hertfordshire

Payments are made direct to the various Establishments and all applications have to come through them. In

addition, the Trustees may make grants directly to Wall Scholars, only in exceptional circumstances, which

are considered on an individual basis, if funds permit.

Each of these Establishments nominates students on two criteria —outstanding talent and financial need.

The students are then auditioned and interviewed by the Trustees and, if awarded a Wall Scholarship, they

are monitored and are given a financial commitment for the duration of their course, providing they continue

to progress.

Great importance is attached by the Trustees to the monitoring of Scholars throughout their training and

whenever possible after graduation.

The Trust has an equal Opportunities Policy for all Scholars irrespective of their gender, marital status, race,

ethnic and national origin, nationality, sexuality, religion, and social class.

THE WALL TRUST

TRUSTEES'REPORT

FOR THE YEAR ENDED 31ST JULY 2015

During the year 15 Scholars were supported (2013/14: 13), 7 involved with Dance, 7 Drama and 1 in Music.

Scholars are listed in chronological order

DANCE

Matthew Trent Tobias Smith Philip Bmck-Atkinson Malevz Cesan

Niwle Ransley Sarah Ale~nder Camille Dlugolecki Zizi Slrallen

Giacomo Ciriaci Jonathan Goddard Benny Mesbv Sean Bales

Votrei Sasaki Chnslopher StewaA Paler Tyler Chase O'Connell

David AAekheleli Marie Daly Caro4Ann Ryan Manja Giozova

Ayeko Nakono Justin eerley Henneh Chick Kyla Murtey

Douglas Lee Sereh Reyrwlds Laurence Rgg Sereh Newell

Vincerrt Gros Denise Ruddock Elise Frences Libby Welker

Mena Ribo-Peres David Johnson Lewis GriFfdhs Dominique Helsall

Isabel McMeekan Winifred Burnet-Smith Yusuke Nagashima TMmas Edwards

Igone de Jorgh Ishan Rustem Abne Solovkova Laura Morse

Oanib Pelmeim Dienrre Grey AleweMer Campbell ' Natasha Bradshaw

TrewrSchoonraed FemarMo BuFale Kirk Patterson 'Heidi Dilley

Jonetes Albuque~yue Jordan Bailiff Charlie AfWersen 'Marcus Romaneli

Simon Kidd Merk Francis ValeMirw Zucctretti 'Jessica Healy

Julie Cunnirghem Gery Amers Elder Groismen Stephen Murray

Gea Gambone Kumiko Tsuji Samarrtha Ten 'Lewis Peffrey

Fabian Vorenger Tom de Jager Chrislophe~Rodgers-Wilson •Briuenia Dilbn

Andrew Crawford AIe~rMra Lo Serdo 7nslan Dyer

Deni 6oslil Ludovic Ondiviela Sander BbmmaeA

DRAMA

JW i Armstrong Daniel Meys Anna Lauren Scott Kenm

Lyn Chnstirre Thomas Arnold Flora Berkeley Ned Dertinglon

Stephen Armstrong Coffin Adrian John Cummins Luke Thompmn

Martin Ledwdh Cadlin Mottram Obi Abili Francesca Zoulewelle

Robert WhRebck O-T. Fegbenle Joseph Kloske Tok Aofolaju

Nigel Parkin PendaBede Stalty Yasmirre Akram Scotl Westwood

Martin Jenkins Jessica Claire Toby Wharton Sarah Twomey

David Fine Lewis DaNes John Hollingworth Lienne Harvey

Ruth Platt Nici Lyons ViAoria Lbyd ` Ceolan MccaAhy

Vissey Safevi Mark Wells EdmurM Wiseman "Sam Frenchem

Andrew Bone BeAie Carvell OIiNa Morgan "Natasha Cowley

Neil Sutcl'rffe Jed Steton Ben Lemb EmmeJane Deniy

Ben Casey Laura Kate Gordon Phoebe Fox 'Sam Flint

Laura Wilson Tom Vaughan Lawbr Nick Hendri~c Leaphia Danko

Keith Dunphy Leandra Ashton Daniel Easton Letty Thomas

Emma Lowndes Daniel Rgby gle~ndra Guelff

MUSIC

Christopher Langdown David Wiliiems Melanie McLoughlin Ruby Hughes

Patrick Bailey Simon Bailey Menanrre Dews Jessica Coriis

Emma Sabin Katie Pryce Meng Yang Pan Stephen Wood

Muriel Phillips Jung Eun Lee Karim Said Akhmet Kenov

Marie Lloyd Chirp Ching Lim Hiroaki Takenouchi Alegi Petrov

De~rid Aspin George-Emmanuel Lezeridis Morgan Srymenski Edward Hughes

Werten Zielinski Julianne De Villiers Ranete Sokolovska Yuba VoroMsova

Vvonne Woods Sergei Suvarov Dorin Tuca Lara Melde

RecFrel Latham Bojana Dimkovic Samuel de Beck Spitzer Margarita Belanas

Rachel Gough Sarah Williamson Niwla Dunne Vasili Karpiak

Salt' Pryce Merk Wood Clara Andreda Sebastian Kozub

David Lanni Shbmy ~obnnsky Mikhel Kerem Emre Engin

Emma Sheppard Michael Benov Bea[n~c Graf WiHoN Goh

Anthony SchreHer Andrew Kidd Eliane Prelorian

Vevgeny Sudbin Sarah Murphy Zce Beyers

* Scholar receiving support in the year to 31 July 2015.

In addition, the Trust has, in the past, supported Ice Dance, Theatre Design and Tennis, for which thirty-

three further scholarships were awarded.

THE WALL TRUST

TRUSTEES'REPORT

FOR THE YEAR ENDED 31ST JULY 2015

Support

The Trustees of The Wall Trust would like to thank the following individuals, trusts and foundations whosegenerosity over the last 30 years has enabled the Trust to realise its objective of supporting exceptionaltalent in the performing arts.

Mrs Marianne Adair

Professor John Ball —Bursary FundThe Hargreaves &Ball TrustThe Carpenters' Company Charitable FoundationCHK CharitiesThe Haberdashers' CompanyMrs Claire HawkinsMr &Mrs William HaynesHedley FoundationMr. Stephen Joseph —Bursary FundPeter Moores Foundation

The Estate of Mrs Ethel Mary SpinkMr. Charles Wall

Garfield Weston Foundation

And those who wish to remain anonymous.

If you would like to set up a Bursary or help in any other way to support actors, dancers, ormusicians at any of our establishments, please get in touch. The rewards to you of a scholarshipawarded with your help will be considerable, as you would be able to follow the Scholar's career asit develops and see them perform.

NEWS OF SOME WALL SCHOLARS

The year 2014/15 has been another good year for the current and previous Wall Scholars. The training thatthey receive from the Establishments with whom we have Scholarship Agreements, is exceptionallydemanding and intensive, but our Scholars are all enthusiastic and highly motivated. We shall continue tomonitor their progress, as this is an important aspect of our support.

There were five scholars who graduated at the end of this year, Natasha Bradshaw (London Studio Centre),Caolan McCarthy and Sam Frencham (RADA) and Marcus Romaneli and Jessica Healy (Central School ofBallet). We wish them every success for their professional careers. Violinist Emre Engin, is at the prestigiousManhattan School of Music in New York, with a Scholarship.

The year 2014/15 has been another demanding and intensive year for our Wall Scholars; a list of those whoreceived our support are indicated on page 3 of this report. Many of those have told us that the award of aWall Scholarship has been vital in enabling them to concentrate on perfecting their art; knowing that theyare guaranteed that their support will continue during the whole of their course, providing they continue toprogress.

Alumni

Bertie Carvel was cast as Nick Clegg in the Channel 4 Television programme "Coalition". AlexanderCampbell and Tristan Dyer, an up and coming young American, who was one of four favourite dancerschosen by Choreographer, Liam Scarlett, for his ballet, "The Age of Anxiety", based on WH Auden's Prizewinning poem created for The Royal Ballet, which opened at Covent Garden in November 2014.

Danny Mays was in "World at War" and Luke Thompson was in the first episode of "The Club" onTelevision. O-T Fagbenle played the lead in the recent first episode of the BBC series, "The Interceptor'.

There were four Wall Scholars dancing with The Royal Ballet, Alexander Campbell and Valentino Zucchetti(First Soloists), Tristan Dyer (Soloist) and Sander Blommaert (1st Artist). At the Scottish Ballet, Kyle Murraydanced in Matthew Bourne's Swan Lake and Tom Edwards in a new work for the Scottish Ballet, "Motion ofDisplacement'.

Clara Andrada has continued this year giving flute Master classes at the Royal College of Music and inEurope. She is one of the leading flute players of her generation. As solo flute player she has played withthe Frankfurt Radio Symphony Orchestra and The Chamber Orchestra of Europe amongst others.

THE WALL TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 31ST JULY 2015

Trustees' Review 2014/15

This year was a landmark year, for it was 30 years since the Trust was formed on 4 February 1985. During

that time we have supported 232 students of the Performing Arts during their training, usually of three yearsMany have reached the top of their chosen profession. This has been achieved with the help of those who

have supported our work over the years, for which we are most grateful, and with the invaluable help of theTrustees who have attended 160 meetings since the formation and have participated in the monitoring ofour Scholars.

Sadly we have to record the death of the Richard Attenborough, President of RADA. A Service ofThanksgiving for the Work of Lord Attenborough Kt. CBE, was held in March 2015 at Westminster Abbey,which Charles Wall attended, representing The Wall Trust. Also Caolan McCarthy, a Wall Scholar at RADA,

led one of the prayers.

It has recently been announced that our President, Sir Kenneth Branagh, is to be appointed as the President

of RADA.

The Trustees will continue to keep under review their consideration of management succession.

Financial Review

Voluntary Income was £35,250 (2013/14: £21,000). Scholarships awarded were £3,500 greater. AlsoInvestment Income was greater by some £1,000. Total funds carried forward were £220,566 (2013/14:

£212,528). Market values of Investments at 31 July 2015 were £181.365.

Since it is a requirement that Investments should be included in the Balance Sheet at their Market Value at

the year end, we have added a further £ 5,532 to the Development Reserve being the Gains on Investments

held at the end of the year. The Reserve now stands at £ 42,728 being the amount of the value of

investments above their cost.

Outlook

We shall continue to expand our support for exceptionally talented students of the performing arts. Our

policy of undertaking to support our scholars for the whole of their training should not be affected by any

political or other uncertainties, as we set aside funds to meet these obligations at the time of their awards.

We shall also continue to do all we can to obtain funding to meet an ever increasing demand for

scholarships.

We shall continue to accept only applications for support through the Establishments with whom we haveScholarship Agreements, as they are able to advise the Trustees on the most needy and talented students.

We shall also continue our policy of not providing funds for living or other expenses and awards will continue

to be paid direct to the Establishments for our Scholars training and not direct to the students.

Future Developments

The Trustees will endeavour to raise whatever funds they can to support Students recommended by the

Establishments with whom we have scholarship agreements and will promote the successful Bursary

Scheme. They will also continue to monitor existing Wall Scholars during their training, which continues to

be an important aspect of our support.

THE WALL TRUST

TRUSTEES'REPORT

FOR THE YEAR ENDED 31ST JULY 2015

Statement of Trustees' Responsibilities

The Trustees have elected to prepare accounts for each financial period which show a true and fair view of

the charity's financial activities during the period and of its financial position at the end of that period.

In preparing accounts giving a true and fair view the Trustees will follow best practice by:

selecting suitable accounting policies and applying them consistently;

making judgements and estimates that are reasonable and prudent;

• stating whether applicable account standards and statements of recommended practice have been

followed, subject to any material departures being disclosed and explained in the financial statements; and

• preparing the accounts on a going concern basis unless it is inappropriate to presume that the charity

will continue in operation.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable

accuracy at any time the financial position of the charity and to ensure that the accounts comply with the

Charities Act 1993. They are also responsible for safeguarding the charity's assets and hence for taking

reasonable steps for the prevention and detection of fraud and breaches of law and regulations.

Approved and signed on behalf of the Trustees on ' ~) ~ ~~ "''"'J~^ ~ ~ ~'

~ _~~

Charles all

Brian Carter