Trustees’ Annual Report for the period
From 1 September 2020 To 31 August 2021 Charity name: The Piano Teachers’ Course UK Trust Charity registration number: 1186328
Objectives and Activities
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SORP reference
Summary of the Para 1.17 Advancing the education and
purposes of the charity support of piano teachers to
as set out in its improve the quality of piano
governing document teaching.
Summary of the main Para 1.17 and We had the good fortune, this
1.19
activities in relation to year, to receive a donation of
those purposes for the £3000 from the Worshipful
public benefit, in Company of Grocers. We further
particular, the activities, raised £1180 through a
projects or services fundraising concert.
identified in the Our plans were, of course,
accounts. disrupted by the epidemic and
lockdown. Within this financial
year we restricted our
expenditure to a grant to the PT
Course of £1000 to help them
cover advertising costs.
We asked them to review how
they would adapt their teaching
to fit in with having to teach by
distance, and to set out what new
equipment would be needed to
achieve this: at the end of this
financial year, we are still
awaiting this report.
Statement confirming Para 1.18 We confirm that the trustees
whether the trustees deliberations were made with due
have had regard to the regard to the guidance issued by
guidance issued by the the Charity Commission.
Charity Commission on
public benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference It is fair to say in the light of the Para 1.38 epidemic and lockdown we, with Policy on grant making the tutors of the PT Course agreed to wait until a way forwards could be identified, and
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what equipment might be
needed. Grants will be made in
the next financial year.
not applicable this year
Para 1.38
Policy on social
investment including
program related
investment
We are grateful to the work of
Para 1.38 the tutors and the students both
Contribution made by in enabling the course to
volunteers continue but also to do some
fundraising.
Other
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Achievements and Performance
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SORP reference
Our primary achievement in this
financial year has been to
reassure the course tutors and
Summary of the main students that we are committed
Para 1.20
achievements of the to ensuring the course continues,
charity, identifying the and that any necessary
difference the charity’s equipment that might be needed
work has made to the will be provided.
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.
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Additional information (optional)
You may choose to include further statements where relevant about:
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In the next financial year
(September 2021 to August 2022)
Achievements against Para 1.41 our achievements in supporting
objectives set the course will be more evident,
and so will our plans for
developing the course.
Performance of
fundraising activities Para 1.41
against objectives set
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Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 We are in a relatively healthy
financial position at the position of having a balance of
end of the period £3,352.
Clearly, we will need to do more
work on fundraising since the
main reason for not having given
out more money has been partly
that we have only just begun to
function, and, of course, the
epidemic.
We expect much of the funds to
be used to enable the PT Course
to have the equipment it needs to
run the course at a distance.
Even once the world is back to
functioning in a “normal” way, we
expect that teaching at a
distance will remain an option for
some.
The next financial year will
require us to do more planning
but as yet it is unclear as to when
we will be able to start this.
Statement explaining Para 1.22 Our current balance of £3,352 is
the policy for holding larger than we expected. We will
reserves stating why always want to have a reserve to
they are held cover contingencies but currently
do not expect it to be much above
£1000.
Amount of reserves held Para 1.22 £3,352
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially Para 1.24 n/a
in deficit
Explanation of any Para 1.23 n/a
uncertainties about the
charity continuing as a
going concern
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We are very grateful for the
generosity of the Worshipful
The charity’s principal Company of Grocers for giving us
sources of funds Para 1.47 a grant of £3000 to enable us to
(including any start our work.
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
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Para 1.46 A description of the principal risks facing the charity Other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 CIO Foundation Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 Trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 appointed by founders
methods including
details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name The Piano Teachers’ Course UK Trust
Other name the charity PTC Trust
uses
Registered charity 1186328
number
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Charity’s principal Flat 2,
address 35 Bush Lane,
London EC4R 0AW
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 L S Ellis Chair
2 N Gray
3 HK Ignatius-Fleet
4 R Magub
5 D J Moss
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser Finance D P Baldwin 14 Benny’s Way, Coton, Cambridge CB23 7PS
Name of chief executive or names of senior staff members (Optional information)
Administration – Lucinda Sells
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) Ms Louise Stephanie Ellis
Position (eg Chair Secretary, Chair, etc)
Date
PTC UK TRUST – Accounts for year ended 31 August 2021 (in Charity Commission format)
RECEIPTS & PAYMENTS ACCOUNT – for year 1Sept20 to 31Aug21 Receipts £ Donation from Grocers’ Society 3,000 Income from Trustees Fund-Raising Concert 1,180 Sundry Income 7 --------4,187 Less: Payments Advertising Grant to PTC UK Course (1,000) --------Net Receipts for Year £ 3,187 ===== STATEMENT OF ASSETS and LIABILITIES £ Opening Cash Balance at 1 Sept 2020 165 Net Receipts for Year 3,187 ------Closing Cash Balance at 31 Aug 2021 £ 3,352 ======